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|||||||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|||||
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|||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|||||||
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|||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|
##
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||||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|
##
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|||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|
##
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|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|
##
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##
|||||||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|
##
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|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|