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2021-03-31-accounts

						Page
Reference	and Administrative		Details ofthe Charity,	its Trustees	and Advisers
Chairman's	Statement
Trustees'	Report					3-9
Statement	ofTrustees'	Responsibilities				10
Independent Auditors'		Report	on the Financial Statements			11-14
Statement	of Financial	Activities				15
Balance Sheet						16
Statement	ofCash Flows					17
Notes to the Financial		Statements				18-35

Trustees			Councillor	David	Stanley, Trusteei	Stanley, Trusteei
			Angela Clerkin,		Trustee&
			Rite Beckwith, Trustees
			lan Brown	CBE,	Chairs
			Gerald Lidstone,			Trustees
			Lucy Cuthbertson,			Trustees
			Nigel Fletcher, Trustees
			Sophie Hamlet,		Trustee (appointed		23 April 2021)2
			'
			Greenwich Council
			s Elected	trustees
Company	registered
number			00860847
Charity registered
number			246186
Registered		office	Grooms Hill
			Greenwich
			London
			SE108ES
Company	secretary		James Haddrell
Chief executive officer			lan Brown	CBE
Independent		auditors	MHA Maclntyre Hudson
			Chartered	Accountants
			6th Floor
			2 London Wall Place
			London
			EC2Y 5AU
Bankers			NatWest
			Greenwich	South		Street
			Greenwich
			London
			SE109BQ
Solicitors			Grant Saw	Solicitors LLP
			Wood Wharf Building
			Horseferiy	Place
			Greenwich
			London
			SE109BB

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
	Note	6	6	6
Income from:
Donations and grants		524,011	524,011	110,613
Charitable activities		(10,689)	(10,689)	1,001,397
Other trading activities		7,250	7,250	20,379
Other income				35,850
Total income		520,572	520,572	1,168,239
Expenditure on:
Charitable activities	7	510,425	510,425	1,138,756
Total expenditure		510,425	510,425	1,138,756
Net movement in funds		10,147	10,147	29,483
Reconciliation offunds:
Total funds brought forward		8,395	8,395	(21,088)
Net movement in funds		10,147	10,147	29,483
Total funds carried forward		18,542	18,542	8,395

		Note	2021 6	2021f	2020 6	2020 E
Fixed assets
Tangible assets		12		41,396		51,974
Investments		13		2		2
Social investments		14				7,800
				41,398		59,776
Current assets
Stocks		15	13,220		9,257
Debtors		16	131,807		183,606
Cash at bank and	in hand		57,041		29,228
			202,068		222,091
Creditors: amounts	falling due within one
year		17	(224,924)		(273,472)
Net current liabilities				(22,856)		(51,381)
Total net assets				18,542		8,395
Charity funds
Restricted funds		18
Unrestricted funds		18		18,542		8,395
Total funds				18,542		8,395

					2021	2020
				Note	f	E
Cash flows froin operating	activities
Net cash used in operating	activities			20	33,281	20,204
Cash flows froin investing	activities
Purchase oftangible fixed assets					(2,699)	(4,484)
Net cash used In investing	activities				(2,699)	(4,484)
Cash flows from financing	activities
Repayments of borrowing					(2,769)	(8,450)
Net cash used in financing	activities				(2,769)	(8,450)
Change In cash and cash	equivalents	in	the year		27,813	7,270
Cash and cash equivalents	at the beginning		ofthe year		29,228	21,958
Cash and cash equivalents	at the end	of	the year	21	57,041	29,228
The notes on pages 18to 35 form part ofthese financial statements

		Unrestricted	Total
		funds	funds
		2021f	2021f
Donations		12,759	12,759
Grants		332,230	332,230
Furlough	income	179,022	179,022
Total 2021		524,011	524,011
		Unrestricted	Total
		funds	funds
		2020	2020
			6
Donations		55,613	55,613
Grants		55,000	55,000
Total 2020		110,613	110,613

		Unrestdctetl	Total
		funds	funds
		2021	2021
		6	6
Theatre	Performance	(10,689)	(10,689)
		Unrestricted	Total
		funds	funds
		2020 6	2020f
Theatre	Performance	1,001,397	1,001,397

			Unrestricted	Total
			funds	funds
			2021 6	2021f
	Rental income		7,250	7,250
			Unrestricted	Total
			funds	funds
			2020 8	2020f
	Rental income		20,379	20,379
6.	Other incoming	resources
				Total
				funds
				2021
				6
	Theatre tax relief
			Unrestricted	Total
			funds	funds
			2020	2020
			6	E
	Theatre tax relief		35,850	35,850

			Unrestricted	Total
			funds	funds
			2021 F	2021f
Theatre	Performance		510,425	510,425
		Unrestricted	Restricted	Total
		funds	funds	funds
		2020f	2020 6	2020 6
Theatre	Performance	1,130,935	7,821	1,138,756

		Activities
		undertaken	Support	Total
		directly	costs	funds
		2021 6	2021f	2021 6
Theatre	Performance	278,082	232,343	510,425
		Actrvities
		undertaken	Support	Total
		directly	costs	funds
		2020	2020	2020
		6
Theatre	Performance	847,155	291,601	1,138,756

		Total	Total
		funds	funds
		2021 6	2020f
Staff costs		165,701	190,572
Education and related personnel			(1,049)
Production and performance		82,035	480,864
Boxoffice costs		11,004	9,776
Bar and cafe		3,310	40,082
Publicity and	marketing	9,340	97,082
Repairs and	maintenance	2,852	5,879
Irrecoverable	VAT	1,013	20,701
Miscellaneous		2,827	3,248
Total		278,082	847,155

				Total	Total
				funds	funds
				2021	2020
				F	6
	Staff costs			140,507	133,772
	Depreciation			13,276	16,046
	Publicity and	marketing		120
	Repairs and	maintenance		3,486	9,113
	Printing, postage and stationery			2,315	2,802
	Telephone			4,338	3,658
	Miscellaneous			1,718	30,948
	Insurance			7,638
	Licences			1,064	13,614
	Utilities and rates			18,814	54,780
	Computer expenses			7,768	3,950
	Travel and subsistence				300
	Bank and finance charges			965	6,005
	Training and	recruitment		129	3,515
	Governance	costs		30,205	13,098
	Total			232,343	291,601
9.	Governance	costs
				2021 6	2020f
	Auditor's remuneration		—Audit ofthe financial statements	10,000	6,875
	Legal and professional			3,098	15
				13,098	6,890

Staff costs
	2021	2020
	6
Wages and salaries	283,933	291,535
Social security costs	17,932	18,488
Pension costs	4,343	14,321
	306,208	324,344

	2021	2020
	No.	No.
Office and management	8	8
Theatre Staff	12	13
	20	21

	Fixtures and	Office	Other fixed
	fittings E	equipment 6	assets f	Total 6
Cost or valuation
At 1 April 2020	307,130	64,616	10,000	381,746
Additions		2,699		2,699
At 31 March 2021	307,130	67,315	10,000	384,445
Depreciation
At 1 April 2020	256,384	63,388	10,000	329,772
Charge for the year	12,248	1,029		13,277
At 31 March 2021	268,632	64,417	10,000	343,049
Net book value
At 31 March 2021	38,498	2,898		41,396
At 31 March 2020	50,746	1,228		51,974

Name			Company	Registered office or	Registered office or	Principal	Class of	Holding
			number	principal	place of	activity	shares
				business
Greenwich	Theatre		02480139	Grooms	Hill, Greenwich,	Dormant	Ordinary	100'/o
Enterprises		Limited		London	SE10BES
The financial		results ofthe subsidiary		for the year were:
Name								Net assets
								E

					Programme
					related
					investments
					6
	Cost or valuation
	At 1 April 2020				10,200
					10,200
	Impairment		provision
	At 1 April 2020				2,400
	Provision for		the year		7,800
					10,200
	Net book value
	At 31 March		2021
	At 31 March		2020		7,800
16.	Stocks
				2021	2020
				6	6
	Work in progress			9,380	6,400
	Consumables			3,840	2,857
				13,220	9,257
16.	Debtors
				2021	2020
				6	6
	Due within	one year
	Trade debtors			14,988	43,255
	Other debtors			14,990	22,869
	Prepayments		and accrued income	101,829	117,482
				131,807	183,606

						2021f	2020
Bankloans							2,769
Trade creditors						60,769	143,517
Other taxation and			social securily			14,531	22,252
Other creditors						32,805	11,987
Accruals	and deferred			income		116,819	92,947
						224,924	273,472
						2021	2020
						E
Deferred	Income
Deferred	income at		1 April			59,142	54,714
Resources deferred			during the year			49,677	59,142
Amounts	released	from previous			periods		(54,714)
Deferred	incoine at 31 March					108,819	59,142

Statement	of	funds	-current year
							Balance at
				Balance at 1			31 March
				April 2020 6	Income f	Expenditure 6	2021 6
Unrestricted	funds
General Funds		- all	funds	8,395	520,572	(610,425)	18,542
Statement	of	funds	- prior year
							Balance at
				Balance at			31 March
				1 April 2019f	Income E	Expenditure E	2020
Unrestricted	funds
General funds				(28,909)	1,168,239	(1,130,935)	8,395
Restricted	funds
Capital Fund				7,821		(7,821)
Total offunds				(21,088)	1,168,239	(1,138,756)	8,395

Analysis	of net assets between funds -current ye	ar
		Unrestricted	Total
		funds	funds
		2021 8	2021f
Tangible	fixed assets	41,396	41,396
Fixed asset investments		2	2
Current	assets	202,068	202,068
Creditors	due within one year	(224,924)	(224,924)
Total		18,542	18,542

Analysis	of net assets between funds - prior year
		Unrestricted	Total
		funds	funds
		2020f	2020 5
Tangible	fixed assets	51,974	51,974
Fixed asset investments		2	2
Social investments		7,800	7,800
Current	assets	222,091	222,091
Creditors	due within one year	(273,472)	(273,472)
Ttl		8,395	8,395

20.	Reconciliation of net		movement	in funds to net cash flow from operating	in funds to net cash flow from operating	activities
						2021	2020
						6
	Net income for the year (as per Statement				of Financial Activities)	10,147	29,483
	Adjustments for:
	Depreciation charges					13,277	16,045
	Losses on investments					7,800
	Decrease/(increase) in		stocks			(3,963)
	Decrease in debtors					51,799	39,061
	Decrease in creditors					(37,880)	(64,385)
	Net cash provided by		operating	activities		41,180	20,204
21.	Analysis ofcash and		cash equivalents
						2021f	2020 E
	Cash at bank and in hand					57,041	29,228
	Total cash and cash	equivalents				57,041	29,228
22.	Analysis ofchanges	in net debt
					At 1 April		At 31 March
					2020	Cash flows	2021
					f	E	E
	Cash at bank and in hand				29,228	27,813	57,041
	Debt due within 1 year				(2,769)	2,769
					26,459	30,582	57,041