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|---|---|---|---|---|---|---|---|
|Chair's Report||||||||
|Directors' Report|||||||2-12|
|Statement<br>ofTrustees'||Responsibilities|||||13|
|Independent<br>Auditors'||Report|||||14 —16|
|Accounting<br>Policies|||||||17 —18|
|Consolidated<br>Statement|||of Financial||Activities|||
|Charitable<br>Company|Statement|||of Financial||Activities|20|
|Balance Sheets|||||||21|
|Consolidated<br>Cash Flow|||Statement||||22|
|Notes on Accounts|||||||23 - 38|





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|The directors, who are|also trustee|s of the charity,<br>dur|
|---|---|---|
|Mr Stephen Betts|||
|Ms Ruth Bourne|||
|Mr John Cowling|(resigned|29June 2021)|
|Dr Anni Domingo|(appointed|13May 2021)|
|Mr Mike Drabble|(resigned|16July 2021)|
|Mrs Mojisola Elufowoju|(resigned|1 October 2021)|
|Mrs Surriya Falconer|||
|Mr James Garnett|(appointed|13May 2021)|
|Ms Mary Heyler|(resigned|28 May 2021)|
|Dame Julie Kenny|(resigned|29 June 2021)|
|Lord Kerslake|||
|Ms Eleanor Lang|(appointed|13May 2021)|
|Ms Rosie Neave|||
|Mr Neil MacDonald|(appointed|22January 2021)|
|Ms Kirsten Major|(appointed|13May 2021)|
|Ms Anne Marie Murphy|||
|Mr John Pickering|(appointed|13May 2021)|
|Mr Sioned Richards|(appointed|16July 2021)|
|Mr Giles Searby|(resigned|29June 2021)|
|Mr Arun Singh|||
|Mr Umar Zamman|(appointed|13May 2021)|



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SHEFFIELD THEATRES TRUST
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF SHEFFIELD THEATRES TRUST
The extent to vihich our prrKedures ￿e capable of detecting rregularities, Ind￿Jing fraud is detailed below.
The parent charitable company is subj'ect to la￿ and re￿latIonS that directly arvj indirectly affecl the financial
slalemenls. Based on our underslandirvJ of the charty arKI Ihe environment bt operales wtlhin. we delermined that
the laws and regulations whth were most signrficant ¥Kluded FRS 102 and the Companies Act 2006. We considered
the extent to ￿lch norkcompliance with these la￿ and reguLAlions might have a material effect on the financial
slalements, including howfraud fflight o¢¢ur. We evaluated management's incentives s￿1 opwrtunilies forfraudulenl
manipulalion of the financial statements linduding the risk of override of controls), and determined that the principal
risks were relaled to the posling of inappropriate journal enlries lo improve the Charity's result fcrf the period, and
management bias in key acc(NJnting estimates.
Audit sxocedures performed by the eng&3ement team indvded..
Discussions with management arKI Ihose re$ponsiNe for legal compliance procedures vAthin the pwenl
charitable company lo obtain an understanding of the lega and regulatory framework applKable lo the charity
and how the charily complies V*ith that frameth, induding con5Kleration of known or suspected installces of
non-compliance with laws and regulations and fraud..
Reviewing minules of Trustee meetings.
Idenirfying and assessing the design effectiveness of controls thal mar0gement has in place to pr&venl and
detect fraud and r￿n-complian￿ with law5 and regulation5:
Challenging assumptions and judgements made by management in Ihew significant ac¢ounling estimates.
Identifying and testing journal entries. in particuLar anyiournal entries FK¥Sted y￿h unusual account combinations
or wsled by senior management.
There are inherent limitations in the audtt procedures de￿bed above and the more removed non-compliance with
law5 and regulations is from the events and transactions reflecled in the financial slalements. the less likely we are
lo become aware of it. Also, the risk of not deleclirMJ a materia misslatemenl due to fraud is higher than the risk of
not detecting one resulting fr(4m error. as fraud may involve ddiberate concealment by, for example. forgery or
intentional misrepresentations, or through cdlusion.
A furthw description of our responsibli ities is availabk on the Financial Rep)rting Council's website at
www.frc.org.uklayditcKslaudit-assurar￿lwdI1Or-S-re$￿nslt￿liIle$4or-Ihe-audlt-Of-the-r￿descrlptIon-of-1he-audI1or's-
responsibililies-for. This description forms pwl of our audil(Y's rewt.
This repr￿ is made scAely to the parent charitsble compan￿$ members, as a body, in accordance with Chapter 3 of
Part 16 of the Compantes Act 2006. Our a￿rt work has been undertaken so that we might stale lo the parent
charitable ¢ompany s members those matters V*e are required lo stale lo them in an auditor's report and for no
other purpose. To the fullest exlenl pemiitte(I by law. V￿ do nol accept or assume responsibility lo anyone other
than the parent charitable company and the parent charitable CoMpan￿S members as a body, for our audit work,
for
isre
or for the opinKins we have fomied.
Simon 8laden, Senior Statutory Auditor
For aThJ on behalf Hawsons Chartered Accountants. Slatulcry
17 feLr4•tty Z02I
Pegasus House
463a Glossop Road
Sheff￿d
SIO 2QD
16

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|EAR ENDED 31 JULY 2021||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2021|2020|
||Notes|Funds|Funds|Total|Total|
|||6|E||E|
|Incoming Resources||||||
|Incoming resources from||||||
|generated<br>funds:||||||
|Donations<br>and legacies|2|5,265,136|702,400|5,967,536|2,514,259|
|Other trading<br>activities|3|747,947||747,947|1,196,294|
|Investment<br>income||5,194||5,194|38,834|
|Incoming resources<br>from||||||
|charitable<br>activities|4|1,377,673||1,377,673|6,836,856|
|Total incoming resources||7,395,950|702,400|8,098,350|10,586,243|
|Resources expended||||||
|Raising funds||6,888||6,888|36,830|
|Fundraising<br>trading:||||||
|Costs ofgoods sold and other costs||502,047||502,047|1,350,029|
|Charitable<br>activities|10|3,966,255|219,629|4,185,884|10,002,065|
|Other costs|11|17,750||17,750|16,610|
|Total resources expended||4,492,940|219,629|4,712,569|11,405,534|
|Net Incoming/(Outgoing)<br>Resources||2,903,010|482,771|3,385,781|(819,291)|
|Tax credit on ordinary<br>activities|22|76,878||76,878|275,271|
|Net Incoming Resources|7|2,979,888|482,771|3,462,659|(544,020)|
|before Transfers||||||
|Transfers<br>between funds||||||
|Net Movement<br>in Funds||2,979,888|482,771|3,462,659|(544,020)|
|Fund balances brought||||||
|Forward at 1 August||1,328,410|5,590,726|6,919,136|7,463,156|
|Fund balances carried|12|||||
|forward<br>at 31 July||4,308,298|6,073,497|10,381,795|6,919,136|





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|||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|
||Notes|Funds|Funds|Total|Total|
|||||F||
|Incoming Resources||||||
|Incoming resources from||||||
|generated<br>funds;||||||
|Donations<br>and legacies|2|3,041,156|702,400|3,743,556|392,054|
|Other trading activities|3|79,111||79,111|381,124|
|Investment<br>income||5,194||5,194|38,834|
|Income from intercompany<br>recharges||1,708,219||1,708,219|2,790,789|
|Incoming resources<br>from||||||
|charitable<br>activities|4|1,040,664||1,040,664|849,199|
|Total incoming<br>resources||5,874,344|702,400|6,576,744|4,451,999|
|Resources expended||||||
|Raising funds||6,888||6,888|35,130|
|Charitable<br>activities||3,060,878||3,060,878|4,159,055|
|Other costs||11,750||11,750|9,600|
|Total resources expended||3,079,516||3,079,516|4,203,785|
|Net Incoming Resources||2,794,828|702,400|3,497,228|248,214|
|Fund balances<br>brought||||||
|Forward at 1 August||732,109||732,109|483,895|
|Fund balances carried||||||
|forward at 31July||3,526,937|702,400|4,229,337|732,109|





## 

|||Notes|2021||2020||
|---|---|---|---|---|---|---|
||||Group|Company|Group|Company|
|||||f|f|f|
|FIXEDASSETS|||||||
|Tangible assets||14|5,530,565||5,817,595||
|Investment<br>in subsidiaries||16||90,234||90,234|
|Goodwill||17|||||
||||5,530,565|90,234|5,817,595|90,234|
|CURRENT ASSETS|||||||
|Stock||18|26,606||40,216||
|Debtors||19|1,249,207|790,051|1,443,317|1,103,080|
|Cash at bank and|in hand|20|10,126,953|7,817,238|4,957,386|2,997,375|
||||11,402,766|8,607,289|6,440,919|4,100,455|
|CREDITORS - Amounts|||||||
|Falling due within|one year|21|6,551,536|4,468,186|5,339,378|3,458,580|
|NET CURRENT ASSETS|||4,851,230|4,139,103|1,101,541|641,875|
|NET ASSETS|||10,381,795|4,229,337|6,919,136|732,109|
|RESERVES||12|||||
|Restricted<br>funds|||6,073,497|702,400|5,590,726||
|Designated<br>funds|||1,077,335|596,000|627,335|196,000|
|General funds|||3,230,963|2,930,937|701,075|536,109|
||||10,381,795|4,229,337|6,919,136|732,109|





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||||2021|2020|
|---|---|---|---|---|
||||6||
|Cash flow from operating|activities||5,164,373|(2,917,918)|
|Cash flow from investing|activities||||
|Capital expenditure<br>—purchase<br>oftangible<br>assets||fixed||(4,318)|
|Capital expenditure<br>—capital project expenditure|||||
|Interest received|||5,194|38,834|
|Net cash flow from investing<br>activities|||5,194|34,516|
|Net increase/(decrease)|in cash and cash equivalents||5,169,567|(2,883,402)|
|Cash and cash equivalents<br>August|at 1||4,957,386|7,840,788|
|Cash and cash equivalents|at 31 July||10,126,953|4,957,386|
|Cash and cash equivalents<br>consists of:|||||
|Cash at bank and<br>in hand|||10,126,953|4,957,386|





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|||2021|2021|2020|2020|
|---|---|---|---|---|---|
|||E|E|6|E|
|||Group|Company|Group|Company|
|Unrestricted||||||
|Arts Council<br>England||1,520,224||1,829,739||
|Sheffield City Council||291,600||291,600||
|Sheffield City Council -|Covid-19 Support|181,864||||
|DCMS —Culture Recovery Fund||3,000,000|2,770,224|||
|Ramps on the Moon||7,500|7,500|7,500|7,500|
|Sheffield Town Trust||||1,000|1,000|
|Directors Scheme (RTYDS)||16,209|16,209|||
|Donations,<br>Gifts and Legacies||247,739|247,223|384,420|383,554|
|Total unrestricted||5,265,136|3,041,156|2,514,259|392,054|
|Restricted||||||
|Garfield Weston Culture|Fund|702,400|702,400|||
|||5,967,536|3,743,556|2,514,259|392,054|





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||||2021||2020||
|---|---|---|---|---|---|---|
|||Group||Company|Group|Company|
|||9||E|6|6|
|Fundraising|trading —Offstage|490,243||59,111|739,642|338,624|
|Limited (note 4a)|||||||
|Fundraising|trading —Crucible|59,490|||270,457||
|Enterprises|Limited (note 4b)||||||
|Coronavirus|job retention scheme|93,601|||158,695||
|Other||104,613|||25,000||
|Management|fees|||20,000|2,500|42,500|
|||747,947||79,111|1,196,294|381,124|
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||||2021||2020||
|||Group||Company|Group|Company|
|||6||f|F|E|
|Unrestricted|||||||
|Ticket and related sales||513,269||176,260|6,176,873|214,215|
|Coronavirus|job retention scheme|864,404||864,404|634,983|634,983|
|Other|||||25,000||
|Ticket and related sales||1,377,673||1,040,664|6,836,856|849,198|



## 



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## 

|fstage<br>Limited|—P|rofi|t a|nd|I oss Accoun|t|||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||||||f|f.|
|Turnover|||||||||490,243|739,642|
|Cost ofsales|||||||||(26,255)|(302,158)|
|Distribution<br>costs|||||||||(223,220)|(555,077)|
|Administration|||||||||(90,832)|(69,573)|
|Other operating|income||||||||126,770|245,482|
|Interest receivable||||||||||795|
|Net profit|||||||||276,706|59,111|
|Retained<br>earnings||brought|||forward||||59,111|338,624|
|Gift aid payments||to|Sheffield Theatres|||Crucible Trust|||(59,111)|(338,624)|
|Retained<br>in Offstage|||Limited||||||276,706|59,111|
|Cost ofgoods|sold and|||other costs included|||in consolidated|statement|2021|2020|
|offinancial<br>activities:|||||||||Group|Group|
||||||||||f|f|
|Cost ofsales|||||||||26,255|302,157|
|Distribution<br>costs|||||||||223,220|555,077|
|Administration|||||||||63,332|14,573|
|Staff recharges|||||||||(19,078)|(86,786)|
|Interest receivable||||||||||(795)|
||||||||||293,729|784,226|
|Less amounts|included|||in|governance|costs|||(4,500)|(4,530)|
||||||||||289,229|779,696|





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## 

|Crucible Enterprises|Limited —Profit|Limited —Profit|and|Loss Account|Loss Account|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||F|f|
|Turnover||||||||59,490|270,457|
|Cost ofsales||||||||(20,628)|(119,568)|
|Distribution<br>costs||||||||(96,773)|(150,392)|
|Administration||||||||(19,039)|(31,230)|
|Other operating<br>income||||||||90,521|25,000|
|Interest receivable|||||||||658|
|Net profit/(loss)||||||||13,571|(5,075)|
|Gift aid payments|to Sheffield Theatres|||Trust||||||
|Retained<br>in Crucible Enterprises|||Limited|||||13,571|(5,075)|
|Cost ofgoods sold|and|other costs included|||in consolidated|statement|of|2021|2020|
|financial<br>activities:||||||||Group|Group|
|||||||||6|6|
|Cost ofsales||||||||20,628|119,568|
|Distribution<br>costs||||||||96,773|150,392|
|Administration||||||||14,039|21,230|
|Interest receivable|||||||||(658)|
|||||||||131,440|290,532|
|Less amounts<br>included||in governance||costs||||(3,500)|(3,250)|
|||||||||127,940|287,282|





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## 

||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||6|6|
|Production<br>Agreement||Income|||||567,828|1,990,833|
|Cost ofsales|||||||||
|Production<br>costs|||||||(565,056)|(1,579,913)|
|Staff costs|||||||(75,649)|(681,716)|
|Administration|||||||(4,000)|(4,475)|
|Interest receivable|||||||||
|Net loss|||||||(76,877)|(275,271)|
|Tax credit on|ordinary|activates|||||76,878|275,271|
|Retained<br>in Sheffield Crucible Productions||||Limited|||||
|Cost ofgoods|sold and|other costs included||in consolidated|statement|of|2021|2020|
|financial<br>activities:|||||||Group|Group|
||||||||E||
|Cost of sales|||||||||
|Production costs|||||||565,056|1,579,913|
|Staff costs|||||||75,649|681,716|
|Administration||||||||4,475|
||||||||640,705|2,266,104|
|Less amounts|included|in governance|costs||||(4,000)|(4,475)|
||||||||636,705|2,261,629|





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|||||2021|||2020||
|---|---|---|---|---|---|---|---|---|
|||||Group|Company|Group||Company|
|||||E|F.|E||E|
|Staff costs comprised:|||||||||
|Wages and salaries|||2,321,381||2,152,871|3,657,305||3,045,493|
|Social security|costs||178,143||167,834|264,830||232,579|
|Other pension|costs||183,743||178,120|232,220||215,198|
|Redundancy<br>costs|||98,185||59,407||||
||||2,781,452||2,558,232|4,154,355||3,493,270|
|e average<br>number<br>of full time equivalent|||employees|for the year|was:||||
|||||2021|||2020||
|||||Group|Company|Group||Company|
||||Number||Number|Number||Number|
|Management,|finance and||||||||
|administration||||10|10|11||11|
|Programme,<br>production||and technical||34|34|55||55|
|Education<br>and|outreach|||5|5|5||5|
|Marketing<br>and|audience|development||26|26|32||32|
|Maintenance,|cleaning|and|||||||
|support services||||18|18|16||16|
|Catering, bars|and commercial|||9||25|||
|Front of house||||11||12||12|
|||||113|104|156||131|





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||||2021|||2020||
|---|---|---|---|---|---|---|---|
|||Group||Company|Group||Company|
|||f||f|f||f.|
|This is stated after charging:||||||||
|Auditors'|remuneration|||||||
|as auditors||29,750||11,750|28,865||9,600|
|Depreciation<br>and amortisation||287,030|||278,311|||
|Operating|lease rentals:|||||||
|Land and|buildings|86,000|||46,397|||
|And after|crediting:|||||||
|Interest receivable||5,194||5,194|38,834||38,834|





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## 

|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||Group|Group|
|||||||E||
||Net outgoing|resources||||3,462,659|(544,020)|
||Net interest|(receivable)||||(5,194)|(38,834)|
||Net Incoming/(outgoing)||resources|from|operations|3,457,465|(582,854)|
||Depreciation|and amortisation||||287,030|278,311|
||Decrease<br>in|stock||||13,610|8,809|
||Decrease/(increase)<br>in||debtors|||194,110|(170,919)|
||Increase/(decrease)<br>in||creditors|||1,212,158|(2,451,265)|
||Net cash inflow/(oufflow)||from operating||activities|5,164,373|(2,917,918)|
|9|COSTS OF|RAISING|FUNDS|||||
|||||||2021|2020|
|||||||Group|Group|
|||||||L|F|
||Fundraising|||||6,888|36,830|





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## 

|10 EXPENDITURE ON|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES|CHARITABLE ACTIVITIES|||||
|---|---|---|---|---|---|---|---|
|||||Group|Company|Group|Company|
|||||2021|2021|2020|2020|
|Production<br>Costs||||E||6|6|
|Wages and salaries||||28,652|28,652|29,252|29,252|
|Scenery, costumes<br>and materials||||29,731|3,755|115,628|96|
|Production<br>Services||||321,690||1,877,966||
|Royalties and commissioning||fees||2,089||134,484||
|Additional<br>directors',|designers'||and|||||
|other guests' fees||||31,061|26,195|12,267|272|
|Indirect production<br>consumables||||27,297||41,586||
|Miscellaneous||||22,722|352|53,258|6,156|
|Education<br>project costs||||117,377|94,241|159,788|111,476|
|Visiting companies fees and||other costs||24,180|9,457|3,102,991|32,943|
|Re-charge to co-producers||and||||||
|visiting companies||||4,555||(375,874)||
|Hire costs||||(148)||10,145||
|Programme<br>costs||||2,452||30,645|30,033|
|Licence and subscriptions||||1,667|1,437|2,436|1,725|
|||||613,325|164,089|5,194,572|211,953|
|Staff Costs||||||||
|Wages and salaries||||2,105,051|2,104,857|2,828,893|2,807,296|
|Training,<br>recruitment|and other||costs|64,899|49,518|11,972|11,033|
|||||2,169,950|2,154,375|2,840,865|2,818,329|
|Establishment<br>Costs||||||||
|Rent, rates and insurance||||173,310|26,533|179,434|21,542|
|Heat and power||||47,466||60,844|180|
|Electricity||||72,796||143,733||
|Repairs and renewals||||84,564|19,013|214,836|29,405|
|Waste disposal||||4,056||18,110|1,593|
|Depreciation||||219,629||210,540||
|||||601,821|45,546|827,497|52,720|
|Selling Costs||||||||
|Publicity and advertising||||152,665|114,103|384,785|388,596|
|Boxoffice computer|systems|||33,513|33,513|51,720|51,720|
|Ticket printing||||711|711|3,329|3,329|
|Miscellaneous<br>selling|costs|||4,960|4,961|8,928|8,929|
|Credit card commission||||34,320|34,320|53,111|53,111|
|Telephone,<br>postage,|stationery||and|||||
|photocopying||||23,501|23,584|74,351|74,383|
|Travel and entertaining||||53|53|2,685|2,277|
|||||249,723|211,245|578,909|582,345|





## 

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## 

|||||Group|Company|Group|Company|
|---|---|---|---|---|---|---|---|
|||||2021|2021|2020|2020|
|Support Costs||||6|6|||
|Wages and salaries||||271,070|271,070|277,136|277,137|
|Training,<br>recruitment|and|other|costs|29,727|29,727|25,999|25,899|
|Depreciation||||62,539||62,909||
|Telephone,<br>postage, stationery|||and|||||
|photocopym9||||3,373|3,323|18,787|18,698|
|IT maintenance<br>and peripherals||||99,962|98,040|54,012|53,975|
|Travel and entertaining||||1,742|1,717|16,724|15,710|
|Professional<br>charges||||35,745|32,807|58,694|61,745|
|Bank charges||||3,528|3,529|11,692|11,692|
|Licence and subscriptions||||39,550|34,518|22,517|22,433|
|Miscellaneous||||3,829|10,892|11,752|6,419|
|||||551,065|485,623|560,222|493,708|
|Total costs ofcharitable||activities||4,185,884|3,060,878|10,002,065|4,159,055|



## 

|OTHER|COSTS|||||
|---|---|---|---|---|---|
|||2021|2021|2020|2020|
|||6|6|6||
|||Group|Company|Group|Company|
|Auditors|Remuneration;|||||
|Charitable|Company|17,750|11,750|16,610|9,600|





## 

## 

## 

## 

|RESERVES||||||||
|---|---|---|---|---|---|---|---|
|Group|||At 1 Aug|Incoming|Outgoing||At 31 July|
|RESTRICTED|||2019f|Resources<br>f|Resourcesf|Transfers<br>f|2020<br>f|
|Accumulated<br>Building|Fund||642,493||12,434||630,059|
|ACE Restricted Grant||||||||
|Capital Redevelopment||Fund||||||
|(Lyceum)|||549,248||105,915||443,333|
|Capital Redevelopment||Fund||||||
|(Crucible)|||4,609,525||92,191||4,517,334|
|Total Restricted Funds|||5,801,266||210,540||5,590,726|
|UNRESTRICTED||||||||
|General|||1,107,555|10,861,514|11,194,994|(73,000)|701,075|
|Designated<br>—artistic research||||||||
|and development|||201,335||||201,335|
|Designated —renewals||||||||
|and repairs|||230,000||||230,000|
|Designated —Capital and||||||||
|Special Project|||123,000|||73,000|196,000|
|Total Unrestricted<br>Funds|||1,661,890|10,861,514|11,194,994||1,328,410|
|Total Funds|||7,463,156|10,861,514|11,405,534||6,919,136|
|RESERVES||||||||
|Group|||At 1 Aug|Incoming|Outgoing||At 31 July|
|RESTRICTED|||2020<br>f|Resources<br>f.|Resources<br>f|Transfersf|2021<br>F|
|Accumulated<br>Building|Fund||630,059||12,434||617,625|
|ACE Restricted Grant||||||||
|Capital Redevelopment||Fund||||||
|(Lyceum)|||443,333||115,005||328,328|
|Capital Redevelopment||Fund||||||
|(Crucible)|||4,517,334||92,190||4,425,144|
|Garfield Weston Culture||Fund||702,400|||702,400|
|Total Restricted Funds|||5,590,726|702,400|219,629||6,073,497|
|UNRESTRICTED||||||||
|General|||701,075|7,472,828|4,492,940|(450,000)|3,230,963|
|Designated —artistic research||||||||
|and development|||201,335|||25,000|226,335|
|Designated<br>—renewals||||||||
|and repairs|||230,000|||25,000|255,000|
|Designated —Capital and||||||||
|Special Projects|||196000|||400,000|596,000|
|Total Unrestricted<br>Funds|||1,328,410|7,472,828|4,492,940||4,308,298|
|Total Funds|||6,919,136|8,175,228|4,712,569||10,381,795|





## 

## 

## 

## 

|Group||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|Total|
|||2020|2020|2020|
|||6|f|6|
|Tangible fixed assets||226,869|5,590,726|5,817,595|
|Goodwill|||||
|Current assets||6,440,919||6,440,919|
|Creditors||(5,339,378)||(5,339,378)|
|||1,328,410|5,590,726|6,919,136|
|Company||Unrestricted|Restricted||
|||funds|funds|Total|
|||2020|2020|2020|
|||f:||F|
|Tangible fixed assets|||||
|Investment|and subsidiary|90,234||90,234|
|Current assets||4,100,455||4,100,455|
|Creditors||(3,458,580)||(3,458,580)|
|||732,109||732,109|
|Group||Unrestricted|Restricted||
|||funds|funds|Total|
|||2021|2021|2021|
|||F|6|6|
|Tangible fixed assets||159,468|5,371,097|5,530,565|
|Goodwill|||||
|Current assets||10,700,366|702,400|11,402,766|
|Creditors||(6,551,536)||(6,551,536)|
|||4,308,298|6,073,497|10,381,795|
|Company||Unrestricted|Restricted||
|||funds|funds|Total|
|||2021|2021|2021|
|||F|6|6|
|Tangible fixed assets|||||
|Investment|and subsidiary|90,234||90,234|
|Current assets||7,904,889|702,400|8,607,289|
|Creditors||(4,468,186)||(4,468,186)|
|||3,526,937|702,400|4,229,337|





## 

## 

## 

## 

|Group|Land and||Land and||
|---|---|---|---|---|
||Buildings|Equipment|Buildings||
||(long|and|(short||
||leasehold)|furniture|leasehold)|Total|
|Cost||E|E|E|
|At 1 August 2020|6,854,510|8,489,080|59,124|15,402,714|
|Additions|||||
|At 31 July 2021|6,854,510|8,489,080|59,124|15,402,714|
|Depreciation|||||
|At 1 August 2020|1,607,764|7,918,231|59,124|9,585,119|
|Charge for the year|131,982|155,048||287,030|
|At 31 July 2021|1,739,746|8,073,279|59,124|9,872,149|
|Net book amounts|||||
|At 31 July 2021|5,114,764|415,801||5,530,565|
|At 1 August 2020|5,246,746|570,849||5,817,595|





## 

## 

## 

## 

|||Country of|2021|2020|
|---|---|---|---|---|
|||registration|Company|Company|
||||6|f|
|Offstage Limited<br>(wholly owned)||England|90,222|90,222|
|Sheffield Theatres<br>Crucible Trust|||||
|(limited<br>by guarantee)||England|||
|City of Sheffield Theatre Trust|||||
|(limited<br>by guarantee)||England|||
|Crucible Enterprises<br>Limited|||||
|(wholly owned)||England|||
|Sheffield Crucible Productions|Limited||||
|(wholly owned)||England|10|10|
||||90,234|90,234|



## 

|||2021|2020|
|---|---|---|---|
|||Group|Group|
|||6|6|
|Cost||90,220|90,220|
|Amortisation||(90,220)|(90,220)|
|Net book|amount|||
|18 STOCKS||||
|||2021|2020|
|||Group|Group|
||||E|
|Catering|supplies|26,606|40,216|



|2021|2020|
|---|---|
|Group|Group|
||E|
|26,606|40,216|





## 

## 

## 

## 

|19 DEBTORS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||2021||2020||
|||||Group||Company|Group|Company|
|Due within one year:||||F||f|F.|F.|
|Trade debtors||||33,553||13,313|62,854|3,508|
|Other debtors||||301,352||9,926|456,030|5,363|
|Prepayments|and accrued income|||914,302||632,178|924,433|739,449|
|Amount due from subsidiary|||companies|||134,634||354,760|
|||||1,249,207||790,051|1,443,317|1,103,080|
|20 CASH AT BANK AND IN|||HAND||||||
||||||2021||2020||
|||||Group||Company|Group|Company|
|||||F||f|f|F|
|Cash in hand||||8,616||1,874|11,767|1,873|
|Cash at bank||||10,118,337||7,815,364|4,945,619|2,995,502|
|||||10,126,953||7,817,238|4,957,386|2,997,375|
|21 CREDITORS —DUE||WITHIN|||||||
|ONE YEAR|||||||||
||||||2021||2020||
|||||Group||Company|Group|Company|
|Amounts<br>falling due within one year||||F||f|f||
|Trade creditors||||208,871||47,044|107,537|26,993|
|Other creditors||||197,245||197,245|194,802|194,803|
|Taxation and|social security|||512,219||295,110|691,737|446,765|
|Amount due to subsidiary<br>company||||||1,386,755||864,383|
|Accruals and|deferred|income||5,633,201||2,542,032|4,345,302|1,925,636|
|||||6,551,536||4,468,186|5,339,378|3,458,580|



## 



## 

## 

## 

## 

||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Group||Company|Group|Company|
|Financial|commitments|due within||6||E|f|6|
|one year under operating|||leases;-||||||
|Due within|1 year||||||||
|Other||||7,331||7,331|5,484|5,484|
|Land and|buildings|||119,633|||124,633||
|Due within|2 to 5 years||||||||
|Land and|buildings|||425,200|||438,533||
|Due in more than 5years|||||||||
|Land and|buildings|||1,731,792|||1,838,092||
|||||2,283,956||7,331|2,406,742|5,484|



## 

## 

## 



## 

## 

## 

|EAR ENDED 31JULY|2021|||||
|---|---|---|---|---|---|
|GROUP||||2021|2020|
|||||6|6|
|INCOMING RESOURCES||||||
|Donations<br>and Legacies||||||
|Revenue grants —general||||5,001,188|2,128,839|
|Education||||||
|Trusts and foundations|||||1,000|
|Individual<br>gifts||||247,739|384,420|
|Regional Theatre Young Directors Scheme||||16,209||
|||||5,265,136|2,514,259|
|Activities for generating|funds|||||
|Management<br>fees||||32,500|67,500|
|Profit in trading<br>subsidiary||||276,706|59,111|
|(Loss) in trading<br>subsidiary||||(76,877)|(275,271)|
|(Loss)/profit<br>in trading<br>subsidiary||||13,571|(5,075)|
|||||245,900|(153,735)|
|||||245,900|(153,735)|
|Investment<br>income||||||
|Bank interest||||5,194|38,834|
|Incoming resources from charitable||activities||||
|Boxoffice —own productions||||238,033|2,246,235|
|Boxoffice and tour income|—education|||12,324|28,285|
|Boxoffice —visiting companies||||12,922|3,373,397|
|||||263,279|5,647,917|
|Post Sheffield<br>Income||||6,141|8,000|
|Hire of premises||||34,092|43,460|
|Programme<br>income||||5,044|66,023|
|Memberships||||85,091|119,905|
|Miscellaneous<br>income||||984,026|951,551|
|||||1,114,394|1,188,939|
|Total incoming<br>resources|from charitable||activities|1,377,673|6,836,856|
|TOTAL INCOMING RESOURCES||||6,893,903|9,236,214|





## 

## 

## 

|EAR ENDED 31JU|LY 2|021|||||
|---|---|---|---|---|---|---|
|GROUP|||2021||2020||
||||Direct||Direct||
||||Charitable|Other|Charitable|Other|
|RESOURCES EXPENDED|||Expenditure|Expenditure|Expenditure|Expenditure|
||||F|F|F|F|
|Costs ofgenerating|voluntary||||||
|Income|||||||
|Fundraising<br>charges|||6,888||36,830||
|Charitable<br>activities|||||||
|Sheffield Production|Costs||||||
|Wages and salaries|||28,652||29,252||
|Scenery, costumes<br>and materials|||29,731||115,628||
|Production<br>Services|||321,690||1,877,966||
|Royalties and commissioned||fees|2,089||134,484||
|Additional<br>directors'<br>designers'|||||||
|and other guests' fees|||31,061||12,267||
|indirect production<br>consumables|||27,297||41,586||
|Miscellaneous|||22,722||53,258||
||||463,242||2,264,441||
|Education<br>project costs|||117,377||159,788||
||||580,619||2,424,229||
|Visiting Companies|Costs||||||
|Visiting Companies<br>fees|||23,583||2,878,828||
|Other costs|||597||224,163||
|Re-charge to co-producers||and|||||
|visiting companies|||4,555||(375,874)||
|Hire costs|||(148)||10,145||
|Programme<br>costs|||2,452||30,645||
|Licence and subscriptions|||1,667||2,436||
||||32,706||2,770,343||
|Total Production<br>Costs|||613,325||5,194,572||
|Carried forward|||620,213||5,231,402||





## 

## 

## 

|EAR ENDED|31JULY 2021||||||
|---|---|---|---|---|---|---|
|GROUP|||2021||2020||
||||Direct||Direct||
||||Charitable|Other|Charitable|Other|
||||Expenditure|Expenditure|Expenditure|Expenditure|
||||8|6|F|5|
|Brought forward|||620,213||5,231,402||
|Staff Costs|||||||
|Wages and salaries|||2,105,051|271,070|2,828,893|277,136|
|Pension costs|||||||
|Staff training|||5,000|19,190|2,795|9,003|
|Other staff costs|||492|2,697|9,177|15,718|
|Redundancy<br>costs|||59,407||||
|Staff recruitment||||7,840||1,278|
||||2,169,950|300,797|2,840,865|303,135|
|Establishment|Costs||||||
|Rent, rates and|insurance||173,310||179,434||
|Heat and power|||47,466||60,844||
|Electricity|||72,796||143,733||
|Repairs and renewals|||84,564||214,836||
|Waste disposal|||4,056||18,110||
|Depreciation||||62,539||62,909|
||||382,192|62,539|616,957|62,909|
|Selling Costs|||||||
|Publicity and advertising|||152,665||384,785||
|Boxoffice computer systems|||33,513||51,720||
|Ticket printing|||711||3,329||
|Miscellaneous|selling costs||4,960||8,928||
|Credit card commission|||34,320||53,111||
|Telephone,<br>postage, stationery||and|||||
|Photocopying|||23,501||74,351||
|Travel and entertaining|||53||2,685||
||||249,723||578,909||
|Carried forward|||3,422,078|363,336|9,268,133|366,044|





## 

## 

## 

|EAR ENDED|31 JULY 2021|||||
|---|---|---|---|---|---|
|GROUP||2021||2020||
|||Direct||Direct||
|||Charitable|Other|Charitable|Other|
|||Expenditure|Expenditure|Expenditure|Expenditure|
|||F.|F|F.|F|
|Brought forward||3,422,078|363,336|9,268,133|366,044|
|Administration|Costs|||||
|Stationery/photocopying|||3,373||18,787|
|Postage||||||
|IT maintenance|& peripherals||99,962||54,012|
|Travel and entertaining|||1,742||16,724|
|Professional<br>charges|||35,745|||
|Bank charges|||3,528||58,694|
|Licence and subscriptions|||39,550||11,692|
|Security|||||22,517|
|Miscellaneous|||3,829|||
|Amortisation<br>of|goodwill||||11,752|
||||187,729||194,178|
|Governance<br>Costs||||||
|Audit fee|||17,750||16,610|
|TOTAL RESOURCES EXPENDED||3,422,078|568,815|9,268,133|576,832|
||||2021||2020|
||||f||f|
|Total incoming|resources||6,893,903||9,236,214|
|Resources expended||||||
|Direct charitable|expenditure||(3,422,078)||(9,268,133)|
|Other expenditure|||(568,815)||(576,832)|
|Exceptional<br>items||||||
|Tax on ordinary|activities||76,878||275,271|
|NET MOVEMENT<br>IN UNRESTRICTED||FUNDS|2,979,888||(333,480)|





|STATEMENT OF FINANCIAL|ACTIVITIES|||||
|---|---|---|---|---|---|
|MOVEMENT<br>IN RESTRICTED|FUNDS|||||
|YEAR ENDED 31JULY 2021||||||
|GROUP||2021||2020||
|||6||E||
|RESTRICTED FUNDS RECEIVED||||||
|Garfield Weston Culture<br>Fund||702,400||||
|TOTAL|||702,400|||
|RESTRICTED FUNDS EXPENDED||||||
|Accumulated<br>building<br>fund||12,434||12,434||
|Capital redevelopment||207,195||198,106||
|TOTAL|||219,629||210,540|
|MOVEMENT ON RESTRICTED||||||
|FUNDS BEFORETRANSFERS|||482,771||(210,540)|
|Transfer||||||
|NET MOVEMENT<br>ON||||||
|RESTRICTED FUNDS||||||
||||482,771||(210,540)|
|TOTAL MOVEMENT ON FUNDS|||3,462,659||(544,020)|





## 

## 

## 

|EAR ENDED 31 JU|LY 2|021||||
|---|---|---|---|---|---|
|COMPANY||||2021|2020|
|||||f|f|
|INCOMING RESOURCES||||||
|Voluntary<br>income||||||
|Revenue grants —general||||2,793,933|7,500|
|Education<br>fundraising||||||
|Individual<br>gifts||||247,223|383,554|
|Trusts &Foundations||||702,400|1,000|
|||||3,743,556|392,054|
|Activities for generating|funds|||||
|Management<br>fees||||20,000|42,500|
|Gift aid||||59,111|338,624|
|||||79,111|381,124|
|Income from intercompany||recharges||1,708,219|2,790,789|
|Investment<br>income||||||
|Bank interest||||5,194|38,834|
|Other interest||||||
|||||5,194|38,834|
|Incoming resources|from|charitable activities||||
|Boxoffice - own productions|||||9,750|
|Boxoffice and tour income||- education||||
|Boxoffice —visiting companies||||9,669|34,266|
|||||9,669|44,016|
|Memberships|||||25|
|Miscellaneous<br>income||||949,495|754,888|
|Sponsorship||||81,500|50,269|
|||||1,030,995|805,182|
|Total incoming<br>resources from charitable|||activities|1,040,664|849,198|
|TOTAL INCOMING RESOURCES||||6,576,744|4,451,999|





## 

## 

## 

|EAR ENDED 31 J|ULY 20|21|||||
|---|---|---|---|---|---|---|
|COMPANY|||2021||2020||
||||Direct||Direct||
||||Charitable|Other|Charitable|Other|
||||Expenditure|Expenditure|Expenditure|Expenditure|
|RESOURCES EXPENDED|||F|6|p|f|
|Costs ofgenerating|income||||||
|Fundraising<br>charges|||6,888||35,130||
|Charitable<br>activities|||||||
|Sheffield Production|Costs||||||
|Wages and salaries|||28,652||29,252||
|Scenery, costumes<br>and materials|||3,755||96||
|Production<br>Services|||||||
|Royalties and commissioning||fees|||||
|Additional<br>directors',|designers'||||||
|and other guests' fees|||26,195||272||
|Indirect production<br>consumables|||||||
|Miscellaneous|||352||6,156||
||||58,954||35,776||
|Education<br>project costs|||94,241||111,476||
||||153,195||147,252||
|Visiting Companies|Costs||||||
|Visiting companies fees|||9,457||32,943||
|Hire costs|||||||
|Programme<br>costs|||||30,033||
|Licence and subscriptions|||1,437||1,725||
||||10,894||64,701||
|Total production<br>costs|||164,089||211,953||
|Carried forward|||170,977||247,083||





## 

## 

## 

|EAR ENDED|31J|ULY 2021|||||
|---|---|---|---|---|---|---|
|COMPANY|||2021||2020||
||||Direct||Direct||
||||Charitable|Other|Charitable|Other|
||||Expenditure|Expenditure|Expenditure|Expenditure|
||||F||6|E|
|Brought forward|||170,977||247,083||
|Staff Costs|||||||
|Wages and salaries|||2,104,857|271,070|2,807,296|277,137|
|Pension costs|||||||
|Staff training|||5,000|19,190|2,795|8,549|
|Other staff costs|||(14,889)|2,697|8,238|16,221|
|Redundancy<br>costs|||59,407||||
|Staff recruitment||||7,840||1,129|
||||2,154,375|300,797|2,818,329|303,036|
|Establishment|Costs||||||
|Rent, rates and|insurance||26,533||21,542||
|Heat and power|||||180||
|Repairs and renewals|||19,013||29,405||
|Waste disposal|||||1,593||
|Depreciation|||||||
||||45,546||52,720||
|Selling Costs|||||||
|Publicity and advertising|||114,103||388,596||
|Boxoffice computer||systems|33,513||51,720||
|Ticket printing|||711||3,329||
|Miscellaneous|selling|costs|4,961||8,929||
|Credit card commission|||34,320||53,111||
|Telephone,<br>postage,||stationery|||||
|and photocopying|||23,584||74,383||
|Travel and entertaining|||53||2,277||
||||211,245||582,345||
|Carried forward|||2,582,143|300,797|3,700,477|303,036|





## 

## 

## 

|EAR ENDED 31 JULY 2021|||||
|---|---|---|---|---|
|COMPANY|2021||2020||
||Direct||Direct||
||Charitable|Other|Charitable|Other|
||Expenditure|Expenditure|Expenditure|Expenditure|
||f.|f|f|f.|
|Brought forward|2,582,143|300,797|3,700,477|303,036|
|Administration<br>Costs|||||
|Stationery/photocopying/postage||3,323||18,698|
|IT Maintenance<br>& peripherals||98,040||53,975|
|Travel and entertaining||1,717||15,710|
|Professional<br>charges||32,807||61,745|
|Bank charges||3,529||11,692|
|Licence and subscriptions||34,518||22,433|
|Security|||||
|Miscellaneous||10,892||6,419|
|Exceptional<br>items|||||
|||184,826||190,672|
|Governance<br>Costs|||||
|Audit fee||11,750||9,600|
|TOTAL RESOURCES EXPENDED|2,582,143|497,373|3,700,477|503,308|
|||2021||2020|
|||||f|
|Total incoming<br>resources||6,576,744||4,451,999|
|Resources expended|||||
|Direct charitable<br>expenditure||(2,582,143)||(3,700,477)|
|Other expenditure||(497,373)||(503,308)|
|NET MOVEMENT<br>IN FUNDS||3,497,228||248,214|