2023-03-31-accounts

				Page
Reference and Administrative			Details ofthe Charity, its Trustees and Advisers
Trustees' Report
Independent	Auditors'	Report	on the Financial Statements	21 - 24
Consolidated	Statement of Financial Activities			25
Consolidated	Balance	Sheet		26
Charity Balance Sheet				27
Consolidated	Statement ofCash Flows			28
Notes tothe	Financial	Statements		29-50

Trustees			H J Birchenoughi
			D A H Bossomi
			VJ Broom (appointed	9 May 2023)
			TF Clayi
			TJ Crarer (resigned 9 March 2023)i
			M Curteis (appointed 9 May 2023)
			K L Dalton (resigned 28 June 2022)
			N H Frankfort
			M Freer (appointed 9	May 2023)
			R G Harvey (resigned	3January 2023)
			V Hickey (appointed 9 May 2023)i
			N Jenkins (appointed	9 May 2023)
			J G RPerryi
			EWills (appointed 9May 2023)
			' Finance Committee
Company	registered
number			00499076
Charity registered
number			249169
Registered		office	Salisbury Playhouse
			Malthouse Lane
			Salisbury
			Wiltshire
			SP2 7RA
Observers			Wiltshire Council: David Redfem
			Salisbury City Council:	Samuel Charleston
			Arts Council England:	Rachel De Garang
Joint Chief		Executives	Mr G Machin (Artistic	Director)
			Mr RSWarrack (Executive Director)
Senior management			Ms L Dancy (Take Part Director)
team			Ms J Davies (Operations Director)
			Ms L Knight (Communications &Sales Director resigned 28 February 2023)
			MS RTownsend (Communications		&Sales Director appointed 13February 2023)
			Ms H Taylor (Development Director)
			MrJTitcombe (Production &Technical Director)
Independent		auditors	Bishop Fleming LLP
			Chartered Accountants
			10Temple Back
			Bristol
			BS16FL
Bankers			National Westminster	Bank pic
			48 Blue Boar Row
			Salisbury
			Wiltshire
			SP1 1BG

	2021-22		Totals	Variance		2022-23	Totals
Gas	Gross Value		F16,533.6	171.3%	Gas	Gross Value	628,320.10
Elec	Gross Value		F36,662.0	145.2%	Elec	Gross Value	f53,226.10
Total			F53,195.6	1533%	Total		681,546.20
Gas	Gross Value		353,367	141.3%	Gas	Gross Value	499,270
Electricity			193,246	382 1%	Electricity		738,375
Total			546,613	226.4%			1,237,645
Seats			27,984	257.1%	Seats		71,944
Performances			179	163.7%	Performances		293
	Kgs CO2					Kgs CO2
Gas			65,447	141.3%	Gas		92,470
Electricity			84,835	3821%	Electricity		324,146
Total			150,282	277.2%	Total		416,616
Net	increase	in
CO2				286,334	Kgs	CO2

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Note	2023f	2023f	2023 6	2022 6
Income from:
Donations and legacies:
Grants		1,533,638		1,533,638	1,914,974
Donations and legacies		121,353		121,353	126,331
Charitable activities		2,188,189		2,188,189	1,043,796
Other trading activities		308,808		308,808	159,565
Total income		4,151,988		4,151,988	3,246,666
Expenditure on:
Raising funds		209,120		209,120	137,803
Charitable activities	6	4,445,797	214,543	4,660,340	3,141,376
Total expenditure		4,654,917	214,543	4,869,460	3,279,179
Net movement in funds		(502,929)	(214,543)	(717,472)	(32,513)
Reconciliation offunds:
Total funds brought foneard		1,317,001	3,731,182	5,048,183	5,060,696
Net movement in funds		(502,929)	(214,543)	(717,472)	(32,513)
Total funds carried forward	16	814,072	3,516,639	4,330,711	5,048,183

				2023		2022
		Note				5
Fixed assets
Tangible assets		10		4,394,031		4,698,867
Current assets
Stocks		12	28,450		17,062
Debtors		13	574,986		342,437
Cash at bank and in hand		19	368,763		816,245
			972,199		1,175,744
Creditors: amounts	falling due within one
year		14	(942,259)		(674,762)
Net current assets				29,940		500,982
Total assets less current liabilities				4,423,971		5,199,849
Creditors: amounts	falling due after more
than one year		15		(93,260)		(151,666)
Total net assets				4,330,711		5,048,183
Charity funds
Restricted funds		16		3,516,639		3,731,182
Unrestricted funds		16		814,072		1,317,001
Total funds		16		4,330,711		5,048,183

				2023		2022
		Note		6		F
Fixed assets
Tangible assets		10		4,390,042		4,694,115
Investments		11		101		101
				4,390,143		4,694,216
Current assets
Stocks		12	14,253		8,603
Debtors		13	680,003		310,672
Cash at bank and in hand		19	300,356		800,452
			994,612		1,119,727
Creditors: amounts	falling due within one
year		14	(950,354)		(674,911)
Net current assets				44,258		444,816
Total assets less current liabilities				4,434,401		5,139,032
Creditors: amounts	falling due after more
than one year		15		(93,260)		(151,666)
Total net assets				4,341,141		4,987,366
Charity funds
Restricted funds		16		3,515,570		3,731,182
Unrestricted funds		16		825,571		1,256,184
Total funds				4,341,141		4,987,366

						2023	2022
						5
Cash flows from operating		activities
Net cash used in operating	activities					(391,872)	373,131
Cash flows from Investing		activities
Interest received						735	32
Purchase oftangible fixed assets						(15,728)	(79,797)
Net cash used in investing		activities				(14,993)	(79,765)
Cash flows from financing		activities
Repayments of borrowing						(35,073)	(11,667)
Interest paid						(5,544)	(2,993)
Net cash used in financing		activities				(40,617)	(14,660)
Change in cash and cash		equivalents	in	the year		(447,482)	278,706
Cash and cash equivalents		at the beginning		ofthe year		816,245	537,539
Cash and cash equivalents		at the end of		the year		368,763	816,245
The notes on pages 29to 50form part ofthese financial					statements

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		6	6	6
GRANTS
Arts Council England - South West		1,301,448	1,301,448	1,301,458
Wiltshire	Council	189,390	189,390	189,389
CJRS Grant				22,023
ACE - Culture Recovery Fund				356,104
Wiltshire	Council - Covid-1 9			6,000
Salisbury	City Council	42,800	42,800	40,000
		1,533,636	1,533,638	1,914,974
Donations		121,353	121,353	128,331
		1,654,991	1,654,991	2,043,305

					Unrestricted	Total	Total
					funds	funds	funds
					2023	2023	2022
					6	6	5
In House/Co-productions				-Ticket income and programmes	1,173,816	1,173,816	590,775
Visiting Companies			-Ticket Income		842,941	842,941	305,669
Education	and Outreach			Work	129,515	129,515	121,994
Events and		Hiring			30,986	30,986	23,676
Miscellanous		Income			10,931	10,931	1,682
					2,188,189	2,188,189	1,043,796

Unrestricted	Total	Total
funds	funds	funds
2023f	2023	2022 2
308,808	308,808	159,565

Activities
undertaken	Support	Total
directly	costs	funds
2023f	2023	2023 E
2,904,751	1,755,589	4,660,340

Activities
undertaken	Support	Total
directly	costs	funds
2022	2022	2022
5	5
2,337,707	803,669	3,141,376

	Total	Total
	funds	funds
	2023	2022
		6
Staff costs	1,194,989	406,060
General office costs	452,042	331,577
Finance costs	72,805	37,736
Professional fees	35,509	27,856
Fundraising	244	440
	1,755,589	803,669

			In-Housel		Education
			Co-	Visiting	and	Total
			Production	Company	Outreach	funds
			2023	2023	2023	2023
			E	5	5
Backstage &other	production	costs	1,059.748	1,035,292	110,265	2,205,305
Production/activity	advertising	&marketing	209,344	204,513	21,782	435,639
Ticket sales 8 front	ofhouse		170,426	166,493	17,733	354,652
Education &outreach					213,997	213,997
Depreciation			153,945	150.392	16,018	320,355
Central premises costs			74,652	72,929	7,767	155,348
Support costs			459,590	448,984	47,820	956,394
Governance costs			8,962	8.755	933	18,650
			2,136,667	2,087,358	436,315	4,660,340
			In-House/		Education
			Co-	Visiting	and	Total
			Production	Company	Outreach	funds
			2022	2022	2022	2022
					5	E
Backstage &other	production	costs	616,315	448,658	56,051	1,121,024
Production/activity	advertising	&marketing	196,616	143,130	17,811	357,557
Ticket sales &front ofhouse			107,350	78,148	9,763	195,261
Education 8 outreach					192,964	192,964
Depreciation			182,256	132,677	16,575	331,508
Central premises costs			76,667	55,760	6,966	139,393
Support costs			436,540	317,788	39,701	794,029
Governance costs			5,300	3,858	482	9,640
			1,621,044	1,180,019	340,313	3,141,376

							Group	Group	Charity	Charity
							2023 E	2022 6	2023f	2022 5
Wages and	salaries					1,628,458		1,356,761	1,546,134	1,290,991
Contribution	to defined	contribution		pension
schemes							36,311	30,779	36,311	26,379
						1,664,769		1,387,540	1,582,445	1,317,370
During the year, staff restructuring				costs were incurred			amounting	to 511,642	(2022:F15,037).
The average	number of		persons employed		by the Charity during			the year was	as follows:
							Group	Group	Charity	Charity
							2023	2022	2023	2022
							No.	No.	No.	No.
Theatre							122	92	122	92
Cafe, bar &	shop						42	27
								119	122	92
The average	headcount		expressed	as full-time		equivalents was:
							Group	Group	Charity	Charity
							2023	2022	2023	2022
							No.	No.	No.	No.
Theatre								47		47
Cafe, bar &	shop							3
								50		47

Group	Group
2023	2022
No.	No.

		Long-term
	Freehold	leasehold	Fixtures and
	property 6	property 6	fittings f	Total 6
COST
At 1 April 2022	4,101,419	4,284,500	2,152,682	10,538,601
Additions			15,728	15,728
At 31 March 2023	4,101,419	4,284,500	2,168,410	10,554,329
DEPRECIATION
At 1 April 2022	2,784,206	1,409,435	1,646,093	5,839,734
Charge for the year	109,545	107,226	103,793	320,564
At 31 March 2023	2,893,751	1,516,661	1,749,886	6,160,298
NET BOOK VALUE
At 31 March 2023	1,207,668	2,767,839	418,524	4,394,031
At 31 March 2022	1,317,213	2,875,065	506,589	4,698,867

		Long-term
	Freehold	leasehold	Fixtures and
	property	property	fittings	Total
	5	6	6	5
COST
At 1 April 2022	4,101,419	4,284,500	2,122,$52	10,508,871
Additions			15,178	15,178
At 31 March 2023	4,101,419	4,284,500	2,138,130	10,524,049
DEPRECIATION
At 1 April 2022	2,784,206	1,409,435	1,621,115	5,814,756
Charge for the year	109,545	107,226	102,480	31$,251
At 31 March 2023	2,893,751	1,516,661	1,723,595	6,134,007
NET BOOK VALUE
At 31 March 2023	1,207,668	2,767,839	414,535	4,390,042
At 31 March 2022	1,317,213	2,875,065	501,837	4,694,115

	Investments
	in
	subsidiary
	companies
CHARITY
COST
At 1 April 2022	101
AT 31 MARCH 2023	101
NET BOOK VALUE
AT 31 MARCH 2023	101
AT 31 MARCH 2022	101

12.	STOCKS
		Group	Group	Charity	Charity
		2023f	2022 5	2023 5	2022
	Stocks and goods for resale	28,450	17,062	14,253	8,603
13.	DEBTORS

		Group	Group	Charity	Charity
		2023	2022	2023	2022
		8	5	6	8
DUE WITHIN	ONE YEAR
Trade debtors		62,959	75,164	62,076	74,893
Amounts owed by group undertakings				314,940	50,097
Other debtors		408,004	238,834	198,964	157,243
Prepayments	and accrued income	104,023	28,439	104,023	28,439
		574,986	342,437	680,003	310,672

		Group	Group	Charity	Charity
		2023	2022	2023	2022
		E	F
Otherloans		35,000	11,667	35,000	11,667
Trade creditors		185,605	190,431	176,249	182,898
Amounts	owed to group undertakings			22,764	15,000
Other taxation and social security		39,605	106,233	39,605	106,215
Other creditors		87,281	99,522	86,482	96,736
Accruals	and deferred income	594,768	266,909	590,254	262,395
		942,259	674,762	950,354	674,911
		Group	Group	Charity	Charity
		2023	2022	2023	2022
		6	6	6
Deferred	income at 1 April 2022	264,872	80,225	262,086	80,225
Resources deferred during the year		491,101	264,872	491,101	262,086
Amounts	released from previous periods	(264,872)	(80,225)	(262,086)	(80,225)
		491,101	264,872	491,101	262,086

							Balance at
		Balance at 1				Transfers	31 March
		April 2022	Income f	Expenditure	f	in/out 6	2023
UNRESTRICTED FUNDS
DESIGNATED FUNDS
Artistic development	and box
office reserve		100,000				(100,000)
Building R&Rand
improvements		69,OOO				(69,000)
Development		41,657				(41,657)
Unrestricted fixed assets		995,225		(106,021)		15,728	904,932
		1,205,882		(106,021)		(194,929)	904,932
GENERAL FUNDS
General fund		111,214	3,843,180	(4,229,753)		194,929	(80,430)
Non-charitable trading funds		(95)	308,808	(319,143)			(10,430)
FREERESERVES		111,119	4,151,988	(4,548,896)		194,929	(90,860)
TOTAL UNRESTRICTED
FUNDS		1,317,001	4,151,988	(4,654,917)			814,072

						Balance at
		Balance at 1			Transfers	31 March
		April 2022 6	Income 5	Expenditure 5	in/out f	2023 f
RESTRICTED FUNDS
Theatre Development	Fund	251,460		(3,834)		247,626
Eda Moore Legacy		47,988		(669)		47,329
National Lottery Capital Grant		139,709		(43,904)		95,805
Capital Building Campaign		500,767		(25,021)		475,746
ACE - Small Scale Capital		60,794		(19,247)		41,547
Capital works inc external
lighting		2,559,889		(105,956)		2,453,933
Salisbury Arts Centre 2018
remedial works		143,025		(15,912)		127,113
Access Project		27,540				27,540
		3,731,182		(214,543)		3,516,639
TOTAL OF FUNDS		5,048,183	4,151,988	(4,869,460)		4,330,711

							Balance at
			Balance at			Transfers	31 March
			1 April 2021	Income	Expenditure	in/out	2022
			6	6	6	F	6
UNRESTRICTED FUNDS
DESIGNATED FUNDS
Capital Building appeal			424,925			(424,925)
Capital and repairs	&other		170,802			(170,802)
Artistic development	and box
office reserve			100,000				100,000
Building R&R and
improvements			69,000				69,000
Development			28,043	13,614			41,657
Unrestricted fixed assets						995,225	995,225
			792,770	13,614		399,498	1,205,882
GENERAL FUNDS
General fund			298,196	3,073,487	(2,893.669)	(366,800)	111,214
Non-charitable trading		funds	(62)	159,565	(159,598)		(95)
FREE RESERVES			298,134	3,233,052	(3,053,267)	(366,800)	111,119
TOTAL UNRESTRICTED
FUNDS			1,090,904	3,246,666	(3,053,267)	32,698	1,317,001

						Balance at
		Balance at			Transfers	31 March
		1 April 2021f	Income 6	Expenditure 6	in/out f.	2022 F
RESTRICTED FUNDS
Theatre Development	Fund	255,295		(3,835)		251,460
Eda Moore Legacy		48,667		(669)		47,998
SDC Capital Grant		2,294		(2,294)
National Lottery Capital Grant		184,029		(44,320)		139,709
Capital Building Campaign		525,788		(25,021)		500,767
Arts Council Sustain		4,904		(4,904)
Catalyst		1,549			(1,549)
ACE - Small Scale Capital		80,041		(19,247)		60,794
Capital works inc external
lighting		2,665,845		(105,956)		2,559,889
Small capital project		3,753		(3,753)
Sound and light		1,610			(1,610)
Light Up Arts/Kingfisher		3,292			(3,292)
Pobit Broadcasting Kit		247			(247)
Community First		26,000			(26,000)
Salisbury Arts Centre 2018
remedial works		158,938		(15,913)		143,025
Access Project		27,540				27,540
		3,989,792		(225,912)	(32,698)	3,731,182
TOTAL OF FUNDS		5,080,696	3,246,666	(3,279,179)		5,048,183

ANALYSIS OF NET ASSETS BETWEEN FUNDS	- CURRENT YEAR
	Unrestricted	Restricted	Total
	funds	funds	funds
	2023	2023	2023
	8	E	6
Tangible fixed assets	904,932	3,489,099	4,394,031
Current assets	944,659	27,540	972,199
Creditors due within one year	(942,259)		(942,259)
Creditors due in more than one year	(93,260)		(93,260)
TOTAL	814,072	3,516,639	4,330,711
ANALYSIS OF NET ASSETS BETWEEN FUNDS	- PRIOR YEAR
	Unrestricted	Restricted	Total
	funds	funds	funds
	2022f	2022 E	2022 8
Tangible fixed assets	967,685	3,731,182	4,698,867
Current assets	1,175,744		1,175,744
Creditors due within one year	(674,762)		(674,762)
Creditors due in more than one year	(151,666)		(151,666)
TOTAL	1,317,001	3,731,182	5,048,183

		Group	Group
		2023	2022
		5	F
Net expenditure for the	year (as per Statement ofFinancial Activities)	(717,472)	(32,513)
ADJUSTMENTS FOR:
Depreciation charges		320,564	333,800
Interest received		(735)	(32)
Interest paid		5,544	2,993
(Increase) IDecrease	in stocks	(11,388)	281
Increase in debtors		(232,549)	(83,728)
Increase in creditors		244,164	152,330
NET CASH (USED IN) IPROVIDED BYOPERATING ACTIVITIES		(391,872)	373,131

The followi	ng	were su	bsidiary	undertakings	undertakings	ofthe Charity	ofthe Charity	and in	clud	ed in the	ed in the	consolidation:
Names				Company		Registered		offic	or	principal		Class of	Holding
				number		place ofbusiness						shares
Salisbury Playhouse				09217165		Salisbuiy	Playhouse,			Malthouse		Ordinary	100'/o
Productions		Limited				Lane, Salisbury,			Wiltshire,		SP2
						7RA
Playhouse	Services Limited			02694718		Salisbury	Playhouse,			Malthouse		Ordinary	100'/o
						Lans, Salisbury,			Wiltshire,		SP2
						7RA
The financial		results ofthe subsidiaries			for the year were:
Names						Income		Expenditure			(Loss)i(Defi		Net assets
						5				5		cit)for the	5
												year
												5
Salisbury	Playhouse		Productions			619,025		(629,360)				(10,335)	(10,430)
Limited
Playhouse	Services		Limited			308,808		(308,808)