## |||Patte| |---|---|---| |Report OfThe Trustees||t-to| |independent
auditor's|report|11-13| |Statement offinancial|activities|| |Balance sheet||15| |Statement ofcash fiows||16| |Notes tothe financial|statements|17-28| ## ## |Trustees|||||ACornelius|ACornelius|(Appointed|4 June 2023)| |---|---|---|---|---|---|---|---|---| ||||||K Dickens||(Appointed|13June 2023)| ||||||P Dillon||(Appointed|6December 2022)| ||||||SEllis|||| ||||||L Harvey||(Appointed|6December 2022)| ||||||J Head||(Appointed|21 April 2022)| ||||||C Heaney||(Appointed|14June 2023)| ||||||J Hurt|||| ||||||P Isaac||(Appointed|25January 2023)| ||||||LLsmbley|||| ||||||M Phillips|||| ||||||TRacklin||(Appointed|6 December 2022)| ||||||LWsn|||| |Charity number|||||2B79B5|||| |Company|number||||01171757|||| |Registered|office||||3rd Floor|||| ||||||207 Waterloo Road|||| ||||||London|||| ||||||England|||| ||||||SE1 BXD|||| |Auditor|||||Azsts Audit|Services||| ||||||2nd Floor|||| ||||||Regis House|||| ||||||45 King William Street|||| ||||||London|||| ||||||EC4R 9AN|||| |Bankers|||||HSBC pic|||| ||||||65Cornmarket
Street|||| ||||||Oxford|||| ||||||OX1 3HY|||| |Key management||personnel:||||||| |Artistic DirectorlChief|||Executive||H Race Roughen|||| |Executive Director/Chief||||Executive|AStscey (to 19April 2022)|||| ||||||LMaguire|(from 19April 2022)||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Tolal| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| ||||Notes|2023|2023
8|2023
6|2022
f|2022
8|2022
6| |~Inc ~etomt|||||||||| |Donations
and
legacies
Charitable
activities
Investments|||3
4
5|732,154
337,303
1,814|80,000|812,154
337,303
1,814|759,072
28,018
1,236|104,372|863,444
28,018
1,236| |Total income||||1,071,271|80,000|1,151,271|788,326|104,372|892,698| |~ExggII~reo:
Charitable
activities|||6|1,076,431|222,549|1,298,980|815,606|77,588|893,194| |Gross transfers
between funds|||||||4,372|(4,372)|| |Net expenditure||forthe|||||||| |year/
Net movement|In funds|||(5,160)|(142,549)|(147,709)|(22,908)|22,412|(496)| |Fund balances
2022|at|1 April||550,847|142,549|693,396|573,756|120,136|693,892| |Fund balances
March 2023|at31|||545,687||545,687|550,848|142,548|893,396| ## ## ## ||||2023||2022|| |---|---|---|---|---|---|---| |||Notes|8||8|| |Fixed assets||||||| |Tangible assets||10||3,236||3,753| |Investments||11||1||1| |||||3,237||3,754| |Current assets||||||| |Debtors||12|500,095||116,783|| |Cash at bank and in|hand||405,011||887,968|| ||||905,906||804,749|| |Creditors: amounts|falling due within|||||| |one year||13|(363,456)||(115,107)|| |Net current assets||||542,450||689,642| |Total assets less current liabilities||||545,687||693,396| |Income funds||||||| |Restricted funds||14||||142,548| |Unrestricted
funds||||545,687||550,840| |||||545,087||093,390| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||general|||general||| |||2023|2023|2023|2022|2022|2022| |||e|e|e|e|e|e| |Trust funding|snd||||||| |donations||39,852|80,000|119,852|66,770|104,372|171,142| |Grants - Art|Council||||||| |England||692,302||692,302|692,302||692,302| |||732,154|80,000|812,154|759,072|104,372|863,444| ## ## ## ## ||||Operation
ofOpsration
of|Operation
ofOpsration
of| |---|---|---|---|---| ||||Touring|Touring| ||||Theatre|Theatre| ||||2023|2022| ||||6|8| |Operation|ofTouring|Theatre|807,773|430,917| |Share of|support costs (see note 7)||477,236|438,189| |Share cf|governance|costs (see note 7)|13,971|24,088| ||||1,298,980|893,194| |Analysts|by fund|||| |Unrestdcted
funds -||general|1,076,431|815,606| |Restricted|funds||222,549|77,588| ||||1,298,980|893,194| ## ## |Support|costs||||||| |---|---|---|---|---|---|---|---| |||Support|Governance|2023$upporlcosts||Governance|2022| |||COStS|COStS|||costs|| |||8|C|6|6|f|| |Staff costs||368,930||368,930|389,859||389,859| |Depreciation||1,557||1,557|2,584||2,584| |Computer|Expenses|12,723||12,723|9,683||9,683| |Marketing|costs|69,726||69,726|16,820||16,820| |0)8ceexpenses||24,3M||24,300|19,243||19,243| |Audit fees|and other||||||| |services|||9,746|9,'746||9,825|9,825| |Legal and|professional||4,147|4,147||13,794|13,794| |Board Expenses|||78|78||469|469| |||477,236|13,971|491,207|438,189|24,088|462,277| |Analysed|bebveen||||||| |Charitable|activities|477,236|13,971|491,207|438,189|24,088|462,277| ## ## ## ## |The average|monthly
num|ber ofemploye|es
during the|year was:||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||||Number|Number| |||||||10| |Employment|costs||||2023|2022| ||||||0|2| |Wages snd salaries|||||308,930|389,859| |The number|ofemployees|whose annual|remuneration|wss more than 200,000||| |Isas follows:||||||| ||||||202S|2022| ||||||Number|Number| ||||||2|1| ## ## ## |Tangible fix|ed asset|s|||| |---|---|---|---|---|---| ||||Plant and|Fixtures and|Total| ||||ettutpment
f|flttlnas
f|| |Cost|||||| |At 1 April 2022|||57,893|14,821|72,714| |Additions|||1,040||1,040| |Dlsposals||||(12,720)|(12,720)| |At 31 March|2023||58,933|2,101|61,034| |Depreciation|and impairment||||| |At 1 April 2022|||56,119|12,842|68,961| |Depreciation|charged|In the year|1,078|479|1,557| |Eliminated
in|respect|ofdisposals||(12,720)|(12,720)| |At 31 March|2023||57,197|601|57,798| |Carrying
amount|||||| |At 31 March|2023||1,736|1,500|3,236| |At 31 March|2022||1,774|1,979|3,753| |Cost or valuation| |---| |At 1 April 2022 8 31March 2023| |Canylng
amount| |At 31 March 2023| |At 31 March 2022| ## ## ## |Debtors||||| |---|---|---|---|---| ||||2023|2022| |Amounts
falling due||within one year:|6|6| |Trade debtors|||316,934|18,363| |Other debtors|||33,191|36,023| |Prepayments|and accrued Income||149,970|62,397| ||||500,095|116,783| |Creditors: amounts||faglng due within one year||| ||||2023|2022| ||||6|8| |Other taxation|and nodal security||'I3,361|849| |Trade creditors|||178,614|75,758| |Other creditors|||33,775|14,786| |Accruals snd deferred||income|137,706|23,714| ||||363,456|118,107| ||||2022|2021| |---|---|---|---|---| ||||8|6| |Balance|b/fwd|||23,725| |Income|Released|In the year||(23,725I| |Income|Deferred|In year||| |Balance|c/fwd at|31March 2022||| ||||||E cl|CIC||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||E|||||||| ||||m|||||||||| ||||||||CCC||O|||| ||||0||Rj|||CC||||| |||||0||||||||| ||||0|E||||0C
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Ol| ## ## |Analysis of|net assets|between funds|||||| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |||funds|funds||funds|funds|| |||2023
f|2023
f|2023
f|2022
f|2022
f|2022f| |Fund balances at 31|||||||| |March 2023|are||||||| |represented|by:||||||| |Tangibkr assets||3,236||3,236|3,753||3,753| |Investments||1||1|1||1| |Current assets/(liabilities)||542,450||542,450|480,984|208,658|689,642| |||545,687||545,687|484,738|208,658|693,396| ## ||2023f|2022f| |---|---|---| |Within one year|39,726|39,987| |Between two and five years|9,888|73,534| ||49,614 '|113,521| ## ## ||||||||| |---|---|---|---|---|---|---|---| |Cash generated
from||operatio|ns|||2023f|2022f| |Ds6cit forths year||||||(147,709)|(498l| |Ad)ustments
for:|||||||| |Investment
income|recognised||in statement offinancial||activities|(1,814)|(1,236)| |Amortisation
and impairment
of|||intangible|assets||1,557|2,584| |Movements
in working||capital:|||||| |(Increase)/decrease|in|debtors||||(383,312)|54,922| |Increase/(decrease)|In|creditors||||248,349|(77,122)| |Cash absorbed
by|operations|||||(282,929)|(21,348)|