## 

## 

|Company<br>information|||
|---|---|---|
|Chair's Statement|||
|Trustees'/Directors'<br>Report|||
|Independent<br>Auditor's|Report|13|
|Consolidated<br>Statement|of FinancialActivities||
|Balance Sheet||18|
|Consolidated<br>Cash flow|Statement|19|
|Notes to the accounts||20|





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||||Unrestricted|Unrestricted||||
|---|---|---|---|---|---|---|---|
||||General|Designated|Restricted|||
||||funds|funds|funds|Total funds|Total funds|
|||Nota|2023|2023|2023|2023|2022|
||||EOOD|6000|6000|EOOO|EOOO|
|Income from:||||||||
|Donations<br>and legacies||4|1,638||60|1,698|4,518|
|Charitable<br>activities||5|3,210|||3,210|2,018|
|Other trading|activities|6|1,304|||1,304|1,067|
|Investments||7|10|||10||
|Total incoming|resources||6,162||60|6,222|7,603|
|Expenditure<br>on:||||||||
|Raising funds|||1,161|||1,161|998|
|Charitable<br>activities|||4,871|124|1,067|6,062|5,089|
|Total resources|expended||6,032|124|1,067|7,223|6,087|
|Net Income/(expenditure)|||130|(124)|(1,007)|(1,001)|1,516|
|Transfers between<br>funds|||(28)|21|7|||
|Net movement|In funds||102|(103)|(1,000)|(1,001)|1,516|
|Fund balances|brought forward at 1April 2022|19,20|516|2,479|13,320|16,315|14,799|
|Fund balances|carried forward ot31 March 2023|19,20|618|2,376|12,320|15,314|16,315|





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## 

## 

|||||Group||Company||
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
||||Note|EOOO|EOOO|EOOO|EOOO|
|Fixed assets||||||||
|Tangible Assets|||13|13,860|14,737|13,860|14,737|
|Investments|||14|||||
|||||13,860|14,737|13,860|14,737|
|Current assets||||||||
|Stocks|||15|23|23|7|7|
|Debtors|||16|1,006|1,158|1,099|1,400|
|Cash at bank and|in hand|||2,385|3,094|2,132|2,769|
|||||3,414|4,275|3,238|4,176|
|Current<br>liabilities||||||||
|Amounts<br>falling due within one year|||17|(1,702)|(2,145)|(1,594)|(1,961)|
|Net current assets||||1,712|2,130|1,644|2,215|
|Total assets less current||liabilities||15,572|16,867|15,504|16,952|
|Creditors.'amounts|falling due after more|||||||
|than one year|||18|(258)|(552)|(258)|(552)|
|Total net assets||||15,314|16,315|15,246|16,400|
|Funds||||||||
|Restricted funds|||20|12,320|13,320|12,320|13,320|
|Unrestricted||||||||
|General<br>funds|||19|618|516|550|601|
|Designated<br>funds|||19|2,376|2,479|2,376|2,479|
|Total unrestricted|funds|||2,994|2,995|2,926|3,080|
|Total funds||||15,314|16,315|15,246|16,400|





## 

## 

|Forthe year ended|31Ma|rch 20|23|||||
|---|---|---|---|---|---|---|---|
|||||||Gl'o up||
|||||||2023|2022|
||||||Note|8000|6000|
|Reconciliation ofnet movement|||of|funds to cash flows from operating|activities:|||
|Net income/(expenditure)||||||(1,001)|1,516|
|Adjustments<br>for:||||||||
|Depreciation||||||905|782|
|Investment<br>income||||||10||
|Interest paid||||||21|10|
|Decrease<br>in stocks|and work in||progress||||4|
|(Increase)/decrease|in debtors|||||152|(387)|
|(Decrease)/increase|in creditors|||||(252)|732|
|Net cash generated|from|operating||activities||(165)|2,657|
|Cash flow statement||||||||
|Cash flows from operating||activities||||(165)|2,657|
|Cash flows from investing||activities||||||
|Purchase offixed assets||||||(28)|(1,334)|
|Repayments<br>of borrowing||||||(485)|(553)|
|Investment<br>income||||||(10)||
|Interest<br>paid||||||(21)|(10)|
|Net cash generated|in the|year||||(709)|760|
|Cash and cash equivalents||at the|beginning ofthe year|||3,094|2,334|
|Cash and cash equivalents||at the end ofthe year||||2,385|3,094|





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## 

|iation<br>is provided<br>on the following|bases:|
|---|---|
|Long leasehold<br>property|50years|
|Furniture<br>and fittings|3to 15years|
|Computer<br>equipment|3to 5years|
|Event programme<br>equipment|10years|
|Sundry equipment|3to 10years|
|Motor vehicles|5 years|
|Theatre refurbishment|2 to 50years|



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## 

|Income fro|m|donation|s<br>and legacies|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|||||
||||||General|Designated|Restricted|||
||||||funds|funds|funds|Total funds|Total funds|
||||||2023|2023|2023|2023|2022|
||||||6000|6000|6000|f000|6000|
|Donations||||||||||
|General|||||49|||49|9|
|Capital development|||project 2020||||||11|
|Coventry|Building Society Charitable|||Foundation|||60|60|40|
|Sir Barry Jackson|||||||||3|
|F Marks|||||||||5|
|Esmee Fairbeirn||||||||||
||||||54||60|114|68|
|Grants||||||||||
|Coventry|City Council||||595|||595|606|
|Arts Council||England|||960|||960|2,043|
|Capital development|||funding 2020||||||1,109|
|Garfield Wesyon|||||||||510|
|Paul Hemlyn|||||||||146|
||||||1,555|||1,555|4,414|
|Government||grants||||||||
|Coronevirus||Job Retention Sceme Income|||||||10|
|Kickstert|Scheme||||29|||29|8|
|CQVID Relief Restart|||Grant||||||18|
||||||29|||29|36|
|Total|||||1,638||60|1,698|4,518|



## 

|Income from charltabl ~activities||||||
|---|---|---|---|---|---|
||Unrestricted|||||
||General|Designated|Restricts d|||
||funds|funds|funds|Totalfunds|Totalfunds|
||2023|2023|2023|2023|2022|
||8000|6000|8000|6000|6000|
|Box Office|3,021|||3,021|1,852|
|Grant end other income|137|||137|135|
|Education|52|||52|31|
|Tote I|3,210|||3,210|2,018|





## 

## 

## 

|6|Income from|Income from|trading|activities||||||
|---|---|---|---|---|---|---|---|---|---|
||||||unrestricted|||||
||||||General|Designated|Restricted|||
||||||funds|funds|funds|Total funds|Total funds|
||||||2023|2023|2023|2023|2022|
||||||EOOO|EOOO|EOOD|f000|EOOO|
||Conferencing||||142|||142|74|
||Ice cream &merchandise||||93|||93|65|
||Production|services|||465|||465|382|
||Drama classes and workshops||||||||14|
||Catering||||604||||532|
|||||||||1,304|1,067|
|7|Investment|Income||||||||
||||||unrestricted|||||
||||||General|Designated|Restricted|||
||||||funda|funds|funds|Total funds|Total funda|
||||||2023|2023|2023|2023|2022|
||||||f000|f000|EOOD|EOOO|EOOO|
||Interest receivable||||10|||10||
||||||10|||10||
|8|Expenditure|||||||||
||||||unrestricted|||||
||||||General|Designated|Restricted|||
||||||funds|funds|funds|Total funda|Total funds|
||||||2023|2023|2023|2023|2022|
||||||f000|f000|EOOO|f000|f000|
||Expenditure|on raising funds||||||||
||Fund raising||cost ofgrants and donations||10|||10|5|
||Fund raising||trading expenses||1,151|||1,151|989|
||Other trading expenses||||||||4|
||||||1,161|||1,161|998|
||Expenditure|on charltabl ~ activities||||||||
||Operational||Theatre||4,792|124|1,037|5,953|5,028|
||Educational||activities||79||30|109|61|
||||||4,871|124|1,067|6,062|5,089|
||Tote I||||6,032|124|1,067|7,223|6,087|





## 

## 

## 

## 

||||||Support|||
|---|---|---|---|---|---|---|---|
|||||DirectCosts|Costs|Totalfunds|Totalfunds|
|||||2023|2023|2023|2022|
|||||EOOO|EOOO|EOOO|EOOO|
|ExpendIture|on raising|funds||||||
|Fundraising|cost of grants and donations|||10||10|5|
|Fundraising|trading expenses|||1,018|133|1,151|989|
|Other trading expenses|||||||4|
|||||1,028|133|1,161|998|
|Expenditure|on charitable||activities|||||
|OperationalTheatre||||5,082|871|5,953|5,028|
|Educational|activities|||109||109|61|
|||||5,191|871|6,062|5,089|
|Total||||6,219|1,004|7,223|6,087|
|Net Income/(Expenditure)||||||||
|This ls stated|after charging|||||||
||||||2023|2022||
||||||EOOD|5000||
|Depreciation|of tangible||fixed assets:|||||
|owned<br>by charitable||group|||905|782||
|Auditors<br>remuneration|||||14|21||
|Operating<br>lease costs|||||77|55||
||||||996|858||



## 

## 



## 

## 

## 

||||2023|2022|
|---|---|---|---|---|
||||No.|No.|
|Actors and production|||47|53|
|Front of house, catering and||cleaning|55|39|
|Marketing|||4|5|
|Administration|||12|10|
||||118|107|
||||2023|2022|
||||f000|EOOO|
|Wages and salaries|(including|actors)|2,039|2,174|
|Social security and|pension costs||203|193|
||||2,242|2,367|



|2023|2022|
|---|---|
|No.|No.|



## 



## 

## 

## 

|||Long-term||Furniture,|||
|---|---|---|---|---|---|---|
||Freehold|leasehold|Events|equipment|Assets under||
||property|propery|equipment|&vehicles|construction|Total|
||EOOO|EOOO|EOOO|EOOO|EOOO|EOOO|
|Cost or valuation|||||||
|At 1April 2022|18,504|740|506|2,339|1,235|23,324|
|Additions||||21|7|28|
|Transfers|1,242||||(1,242)||
|At 31March 2023|19,746|740|506|2,360||23,352|
|Depreciation|||||||
|At 1April 2022|6,068|226|506|1,787||8,587|
|Charge for the year|751|15||139||905|
|At 31March 2023|6,819|241|506|1,926||9,492|
|Net book value|||||||
|At 31March 2023|12,927|499||434||13,860|
|At 1April 2022|12,436|514||552|1,235|14,737|



## 



## 

## 

## 

|Investments|Investments|
|---|---|
|In subsidiary|In subsidiary|
|companies|companies|
|2023|2022|



## 

|||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
|||||EOOO|EOOO|EOOO|EOOO|
||Materials|and|goods for resale|23|23|||
|||||23|23|7|7|
|16|Debtors|||||||
|||||Group|Group|Company|Company|
|||||2023|2022|2025|2022|
|||||EOOO|EOOD|f000|EOOO|
||Trade debtors|||233|568|175|451|
||Amounts|owed by group undertakings||||575|435|
||Prepayments||and accrued income|668|384|244|331|
||Other debtors|||105|206|105|183|
|||||1,006|1,158|1,099|1,400|





## 

## 

## 

|||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
|||||EOOO|EOOO|EOOO|EOOO|
|Coronavirus<br>Business Interruption|||Loan Scheme||200||200|
|Coventry|City Council loan|||20|19|20|19|
|Trade creditors||||334|552|306|476|
|Other taxation||and social security||41|61|41|61|
|Accruals||||424|654|385|650|
|Deferred|income|||743|659|702|555|
|Other creditors||||140||140||
|||||1,702|2,145|1,594|1,961|



||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|
||||2023|2022|2023|2022|
||||EOOO|EOOO|EOOO|EOOO|
|Deferred|income at 1April 2022||659|220|555|185|
|Deferred|during the year||743|659|702|555|
|Released|from previous|periods|(659)|(220)|(555)|(185)|
|Deferred|income at 31March 2023||743|659|702|555|





## 

## 

## 

||||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|---|
||||||2023|2022|2023|2022|
||||||EOOO|EOOO|EOOO|EOOO|
|Bankloans||||||267||267|
|Otherloans|||||136|155|136|155|
|Other creditors|||||122|130|122|130|
||||||258|552|258|552|
|Included<br>within||the above are amounts||falling due as follows:|||||
||||||Group|Group|Company|Company|
||||||2023|2022|2023|2022|
||||||EOOO|EOOO|EOOO|EOOO|
|Between one and two years|||||||||
|Bankloans||||||200||200|
|Otherloans|||||21|20|21|20|
||||||21|220|21|220|
|Between two and five years|||||||||
|Bankloans||||||67||67|
|Otherloans|||||70|66|70|66|
||||||70|133|70|133|
|Over five years|||||||||
|Bankloans|||||||||
|Otherloans|||||45|70|45|70|
||||||45|70|45|70|
|The aggregate||amount of liabilities|payable or||||||
|repayable|wholly or in part more than 5years after the||||||||
||||||Group|Group|Company|Company|
||||||2023|2022|2023|2022|
||||||EOOO|EOOO|EOOO|EOOO|
|Repayable|by installments|||||70|45|70|
||||||45|70|45|70|





## 

## 

## 

||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at|||Transfers|31March|
||||1Aprg 2022|Income|Expenditure|In/(out)|2023|
||||EOOO|EOOO|EOOO|4000|EOOO|
|General fund|||516|6,162|(6,032)|(28)|618|
|Oaslgnated<br>funds||||||||
|Fixed assets funds||||||||
|Leasehold office buildings|||214||(8)||206|
|Lighting end sound desks 2013|||11||(6)||5|
|Capital development|project 2007||1,015||||1,015|
|Red Lane improvement|2013||199||(7)||192|
|Air cooling project 2012|||4||(4)|||
|CNC router project 2015|||35||(10)||25|
|Fixed asset fund|||390||(85)|21|326|
||||1,868||(120)|21|1,769|
|Revanuefunds||||||||
|Renewals<br>reserve|||69|||25|94|
|Revenue<br>projects/UK|City of Culture|legacy|178||||178|
|E-Marketing<br>project|||35||||35|
|Restructuring<br>fund|||29||(4)|(25)||
|Contingency<br>fund|||300||||300|
||||611||(4)||607|
|Total Oaslgnated<br>funds|||2,479||(124)|21|2,376|
|Total Unrestricted<br>funds|||2,995|6,162|(6,156)|(7)|2,994|
|Free reserves|||1,127|6,162|(6,036)|(28)|1,225|





## 

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## 



## 

## 

## 

|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||Balance et|||Transfers|31March|
|||||1Aprg 2022|Income|expenditure|In/(out)|2023|
|||||6000|8000|5000|6000|6000|
|Fixed assets funds|||||||||
|Capital development||project||8,440||(278)||8,162|
|ERDF - capital grant||||6||(2)||4|
|Capital redevelopment||project 2020||3,063||l344)||2,719|
|Jeg Pub|development|||1,235||(124)|7|1,118|
|Culture|Recovery Fund|||126||(38)||88|
|||||12,870||(786)|7|12,091|
|Revenue|funds||||||||
|City of Culture||||206||(206)|||
|Jeg Pub|development|||55||(7)||48|
|Paul Hemlyn<br>grant||||146||(30)||116|
|Coventry|Building Society Charitable||Foundation|40|60|(38)||62|
|Sir Barry|Jackson|||3||||3|
|||||450|60|(281)||229|
|Total||||13,320|60|(1,067)|7|12,320|



## 

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## 



## 

## 

## 

## 

||||||||Balance at|
|---|---|---|---|---|---|---|---|
||||Balance at|||Transfers|31March|
||||1apr0 2022|Income|Expenditure|ln/(out)|2023|
||||f000|6000|6000|EOOO|EOOO|
||Genera(funds||516|6,162|(6,032)|(28)|618|
||Designated|funds|2,479||(124)|21|2,376|
||Restricted|funds|13,320|60|(1,067)|7|12,320|
||||16,315|6,222|(7,223)||15,314|
|22|Analysis ofnat assets by fund|||||||



|||Unrestricted|Designated|Restricted||
|---|---|---|---|---|---|
|||funds|funds|funds|Total funds|
|||2023|2023|2023|2023|
|||EMO|EOOO|6000|EOOO|
|Tangible|fixed assets||1,769|12,091|13,860|
|Net current assets||618|607|229|1,454|
|||618|2,376|12,320|15,314|





## 

## 

||||At 1April||At 31March|
|---|---|---|---|---|---|
||||2022|Cash flows|2023|
||||EOOO|EOOO|EOOO|
|Cash|at bank and|in hand|3,094|(709)|2,385|
|Debt|due within|1year|(219)|199|(20)|
|Debt|due after 1|year|(422)|286|(136)|
||||2,453|(224)|2,229|



## 

## 

|||Group|Group|
|---|---|---|---|
|||2023|2022|
|||EOOD|EOOD|
|Amounts|payable:|||
|Within one year||49|62|
|Between|one and five years|180|183|
|In over five years||1,256|1,251|
|||1,485|1,496|



## 



## 

## 

## 

## 

|||||Registered|or|or|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||Company|principal<br>place||of|Principal|||Class|of||
|Name|||number|business|||~ctlvty|||shares||Holding|
||||||||Trading||||||
|Belgrade|Theatre Enterprises|Limited|03883084|Belgrade Theatre|||subsidiary|||Ordinary||100'Vo|
|||||Corporation|Street||||||||
|||||Coventry|||||||||
|||||West Midlands|||||||||
|||||CV1 1GS|||||||||
|Belgrade|Theatre Productions|Limited|09268009|Belgrade Theatre|||Production||of|Ordinary||100'Vo|
|||||Corporation|Street||theatre||||||
|||||Coventry|||performances||||||
|||||West Midlands|||||||||
|||||CV1 1GS|||||||||
|Belgrade|Film & Digital Limited||09268085|Belgrade Theatre|||Production||of|Ordinary||10094|
|||||Corporation|Street||film &|digital|||||
|||||Coventry|||performances||||||
|||||West Midlands|||||||||
|||||CV1 1GS|||||||||
|||||||||||Profit|for|Nat|
|||||Income|||Expenditure|||tha year||assets/|
|||||||OOOO|||EOOO||EOOO|EOOO|
|Belgrade|Theatre Enterprises|Limited|||1,304|||(1,151)|||153|69|
|Belgrade|Theatre Productions|Limited|||2,264|||(2,264)|||||
|Belgrade|Film 8 Digital Limited||||||||||||





## 

## 

## 

||||unrestricted|unrestricted|||
|---|---|---|---|---|---|---|
||||General|Designated|Restricted||
||||funds|funds|funds|Total funds|
||Note||2022|2022|2022|2022|
||||EOOO|EOOO|6000|EOOO|
|Income from:|||||||
|Donations<br>end legacies||4|1,611||2,907|4,518|
|Charitable<br>activities||5|2,018|||2,018|
|Other trading activities||6|1,067|||1,067|
|Investments||7|||||
|Total incoming<br>resources|||4,696||2,907|7,603|
|Expenditure<br>on:|||||||
|Raising funds|||998|||998|
|Charitable<br>activities|||3,096|170|1,823|5,089|
|Total resources expended|||4,094|170|1,823|6,087|
|Nat income/(expenditure)|||602|(170)|1,084|1,516|
|Transfers between<br>funds|||(670)|669|1||
|Net movement<br>ln funds|||(68)|499|1,085|1,516|
|Fund balances brought forward atI Apri(2021|19,|20|584|1,980|12,235|14,799|
|Fund balances carried forward at31March 2022|19,|20|516|2,479|13,320|16,315|