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|||||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|
##
##
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|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|||
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||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||
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|||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|
##
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|||||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|
##
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|||||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|||
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|||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|
##
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||||||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|
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|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|
##
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||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|
##
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||||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|
##
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||||||||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.|
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|||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|
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|||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|
##
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||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|
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|||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|
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||||||||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|
##
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|||||||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|
##
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||||||||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|
##
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|||||||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|
##
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|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|
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|||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|
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|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)||||||