2023-03-31-accounts

						Page
Reference and Administrative		Details				1-2
Trustees' Report						3-13
Auditors' Report						14-17
Statement of Financial	Activities		(including	Income and Expenditure	Account)	18-23
Balance Sheet						24
Cash Flow Statement						25
Notes to the Financial	Statements					26-37

					Statement of	Financial Activities (including	Financial Activities (including	Financial Activities (including	Income and	Expenditure	Account)
						for the		year ended 31 March 2023
						Unreslricted	Restricted		2023 Unrestricted		Restricted	2022
						funds		funds	Total	'lunds	funds	Total
					Notes	2		2	2	2	2	6
Income and endowments				from:	2
Donations and legacies - page 19						187,355			187,355	541,254		541,254
Charitable activities:
Theatre income		- pages		20-21		461,472		535,493	996,965	410,453	395,325	805,778
Investments						822			822	7		7
Total						649,649		535,493	1,185,142	951,714	395,325	1,347,039
Expenditure on:
Raising funds;
Fundraising						507			507	4,875		4,875
Charitable activities:
Theatre - page	22					748,372		447,046	1,195,418	823,498	388,055	1,211,553
Total						748,879		447,046	1,195,925	828,373	388,055	1,216,428
Net Income I(expenditure)					3	(99,230)		88,447	(10,783)	123,341	7,270	130,611
Transfers between	funds				14,15	4,382		(4,382)		893	(893)
Net movement in funds:						(94,848)		84,065	(10,783)	124,234	6,377	130,611
Reconciliation offunds:
Total funds brought			forward			268,680		57,133	325,813	144,446	50,756	195,202
Total funds carried		forward			14,15	173,832		141,198	315,030	268,680	57,133	325,813

							2023			2022
Income from donations				and	legacies
Grants
COVID-19 emergency			funding
ACE Culture Recovery			Fund						239,584
HMRC Coronavirus		Job Retention Scheme							22,157
London Borough	of	Camden			Restart				26,000
											287,741
British Land						31,217			35,700
Plato Trust						20,000
Regents Place						74,473			9,500
Esmee Fairbairn	Foundation								60,000
Foyle Foundation									20,000
John Ellerman Foundation						30,000			25,000
Maitland									20,000
Garfield Weston	Foundation					15,000			20,000
								170,690			190,200
								170,690			477,941
Donations
Individual giving/donations						1,665			48,613
Pleasance Theatre									4,700
Santander Season		Sponsorship				10,000			10,000
Fundraising						5,000
								16,665			63,313
								187,355			541,254

			2023	2022
Income from	charitable	activities
Theatre income
Fees			250	885
NDT Box office			47,869	70,955
Royalties			1,317
Co-production			272,440	36,000
NDT Broadgate			20,737	213,529
Hire of venue	(Artistic and	Corporate)	30,153	1,145
Cafe/Bar			87,758	61,822
Sundry			948	26,117
			461,472	410,453

			Year ended 31 March 2023
			2023	2022
Project specific funding
Grants/Donations
ACE - Access Programme			1,660	14,940
ACE - Backstage			22,966
ACE - Camden Youth Theatre			1,415	12,735
ACE - New Show Development			26,385
ACE - NDT Broadgate			4,863	43,767
ACE - In-house production				1,620
ACE - Artist Development			62,550	29,340
ACE - Production grants			35,498
Andrew LLoyd Webber Foundation			25,000
Civilisation Co-Production	funding			1,870
Camden People's Theatre				18,475
City of London CILNF			77,320	77,320
CLINF Broadgate Legacy Fund			45,200
D'Oyly Carte Charitable Trust				3,500
Passion Fruit Co-Production		funding		13,482
Jack Petchey Fund			5,640	1,350
British Land			102,704
John Lyon's Charity			20,000	3,200
Cockayne Foundation			15,000	20,000
Harold Hyam Wingate			3,200
Helen Hamlyn Foundation			5,000
HS2 Community Fund			10,117	10,117
Jerwood Arts			54,000	15,000
Kickstart Scheme			6,511	9,065
London Borough of Camden				8,000
For Black Boys Co-Production		funding		38,500
Police Cops Co-Production	funding			17,131
PRS				4,750
Theatre's Trust			7,175	5,000
Viridor Credits Communities		Fund		43,163
Writers Guild			3,289
Young Camden				3;000
			535,493	395,325

			2023	2022
Expenditure on charitable		activities
Theatre
Production costs
Boxoffice ticketing fees			676	4,692
Salaries/fees			436,385	431,066
Social security costs			21,910	13,901
Staff pension costs			13,678	3,458
Production costs			241,404	22,205
Sets/costumes/props			9,778	31,236
Performance access			2,132	2,075
Organisational development			8,891
Travel/transport/freight			12,355	424
Hospitality			2,130	3,947
Artist support costs			5,684	83,241
Artist development			1,507
Publicity			68,313	63,323
Outreach			3,648	3,588
Light/sound			19,640	8,653
NDT Broadgate			37,949	336,837
Public spaces refurbishment		costs	14,569	79,495
The Knot			14,660
Research/development			5,554
Depreciation of fixtures/fittings/equipment			5,646	2,458
Opening stock			3,110
Cafe/bar purchases			40,119	29,182
Cafe/bar salaries/casual	staff		46,155
			1,015,893	1,119,781
Support costs - page 23			171,850	88,141
Governance costs - page	23		10,320	6,741
Closing stock			(2,645)	(3,110)
			1,195,418	1,211,553

				(Limited by Guarant	ee)
				Year ended 31 March	2023
				2023			2022
Support and governance		costs
Support costs
Office overheads
Rent/rates/service	charges			52,932		(2,734)
Light/heat				29,219		6,441
Telephone/fax/internet				5,187		6,722
Insurance				6,461		3,523
Repairs/maintenance				24,188		16,310
Cleaning materials				8,733		2,236
Equipment maintenance/purchase				2,904		10,339
Depreciation of "Studio"				1,054		1,054
					130,678
Administration costs
Casual/other staff				4,346		12,649
Staff training				1,631		2,345
Staff recruitment				272
Travel				3,381		2,652
Printing/postage/stationery				2,729		2,591
Auditorium seating	service			407		447
Subscriptions/licences				3,507		2,275
IT/software support/website				7,089		5,890
Sundries				3,010		1,805
					26,372
Professional/financial
Bookkeeping						9,750
Consultancy fees				1,500
Evaluation costs				12,028
Bank charges				417		1,355
					13,945
Deficit on disposal	of tangible		fixed assets		855
					171,850
Governance costs
Legal				70		361
Accountancy				5,000		1,630
Audit				5,250		4,750
					10,320
					182,170
				23

			Balance Sheet	Balance Sheet
			31 March	2023
				2023			2022
		Notes
Fixed assets
Tangible assets					20,101			11,592
Current assets
Stocks		9	2,645			3,110
Debtors		10	47,990			120,707
Cash at bank and in hand			382,521			387,142
			433,156			510,959
Liabilities
Creditors: amounts	falling
due within one year		11	(138,227)			(196,738)
Net current assets					294,929			314,221
Total assets less current
over total assets					315,030			325,813
The funds ofthe charity
Unrestricted funds		14
- General fund					124,541			219,389
- Designated funds					49,291			49,291
					173,832			268,680
Restricted funds		15			141,198			57,133
Total charity funds					315,030			325,813

					2023	2022
				Notes
Cash flows from operating		activities		21	10,621	(7,891)
Cash flows from investing		activities:
Dividends,	interest and rents from investments				822	7
Purchase	of property, plant and equipment				(16,064)	(2,154)
Net cash	provided by investment activities				(15,242)	(2,147)
Change in	cash at bank and	in hand in the	reporting	period	(4,621)	(10,038)
Cash at bank and in hand at the beginning			ofthe reporting
period					387,142	397,180
Cash at bank and in hand		at the end of	the reporting
period					382,521	387,142

Net income/(expenditure) for the year is	2023	2022
stated after charging:		R
Depreciation of tangible fixed assets	6,700	3,512
Deficit on disposal of tangible fixed assets	855	2,491
Auditors'/Independent examiners' remuneration
- independent examination (2021)	2,250	1,630
- external audit	5,250	4,750
- other services	2,750

for the year ended	31 March 2023
Staff costs and numbers	2023	2022
Staff costs
Salaries and wages	276,663	211,843
Social security costs	21,910	13,901
Pension costs	13,678	3,458
	312,251	229,202

2023	2022
Number	Number
		10

8.	Fixed assets - tangible assets		Fixtures/
			fittings/	Total
		Studio	equipment
	Cost
	1 April 2022	10,541	19,314	29,855
	Additions		16,824	16,824
	Disposals		(2,154)	(2,154)
	31 March 2023	10,541	33,984	44,525
	Depreciation
	1 April 2022	6,324	11,939	18,263
	On disposals		(539)	(539)
	Charge for year	1,054	5,646	6,700
	31 March 2023	7,378	17,046	24,424
	Net book values
	31 March 2023	3,163	16,938	20,101
	31 March 2022	4,217	7,375	11,592
9.	Stocks		2023	2022
	Stocks		2,645	3,110
10.	Debtors		2023	2022
				R
	Trade debtors		21,583	107,284
	Other debtors		9,561	253
	Prepayments		16,846	13,170
			47,990	120,707

11.	Creditors: amounts	Creditors: amounts	Creditors: amounts	falling	due	2023	2022
	within	one year
	Trade creditors					29,134	28,217
	Other taxation/social			security			14,839
	Other creditors					767	3,211
	Accruals					8,000	7,750
	Deferred	income	(note 12)			100,326	142,721
						138,227	196,738
12.	Deferred	income
	Balance	at 1 April	2022				142,721
	Amount	released	to	incoming	resources		(142,721)
	Amount	deferred	in the year				100,326
	Balance	at 31 March 2023					100,326

14.	Unrestricted	funds	Brought	Incoming	Outgoing	Transfers	Carried
			forward	resources	resources		forward
	General fund		219,389	649,649	(748,879)	4,382	124,541
	Designated funds:
	Commissioning	and	49,291				49,291
	Resilience fund
			268,680	649,649	(748,879)	4,382	173,832

Restricted funds		Brought	Incoming	Outgoing	Transfers	Carried
		forward	resources	resources		forward
Fixed assets		2,000			(500)	1,500
10th Anniversary	Season	10,000		(10,000)
Access Programme			1,660	(1,660)
Artist Development		27,720	87,550	(90,270)		25,000
Broadgate			105,583	(105,583)
Kickstart Scheme			6,511	(6,511)
Theatre		1,178	30,141	(19,324)	(3,882)	8,113
upgrade/Cafe
refurbishment
Camden community			10,117	(10,117)
engagement
Camden Youth Theatre		16,235	27,055	(23,290)		20,000
Intervention 01			62,200	(62,200)
Communities			79,304	(79,304)
Commissioning			125,372	(38,787)		86,585
		57,133	535,493	(447,046)	(4,382)	141,198

Analysis of ne	t assets between fun	ds
		General	Designated	Restricted	Total
		funds	funds	funds
Fund balances	at 31 March 2023
are represented	by:
Tangible fixed	assets	10,488		9,613	20,101
Net current assets		114,053	49,291	131,585	294,929
		124,541	49,291	141,198	315,030

At 31 March 2023 the company had future minimum leases, with payments falling due as follows:	lease payments under non-cancellabl	e operating
	2023	2022
Due:
Within one year	36,500	36,500
Between one and five years	146,000	146,000
In over five years	141,438	177,938
	323,938	360,438

19.	Gross Cash Flows
						2023	2022
						R
	Returns on investments and servicing offinance
	Interest received					822
	Capital expenditure
	Payments to acquire	tangible assets				(16,824)	(2,154)
	Receipts from sales of tangible assets					760
						(16,064)	(2,154)
20.	Analysis of changes	in net funds
					Opening	Cash	Closing
					balance	flows	balance
	Cash at bank and in	hand			387,142	(4,621)	382,521
	Net funds				387,142	(4,621)	382,521
21.	Reconciliation of net income/(expenditure)			to net	cashf low from	operating activities
						2023	2022
	Net income/(expenditure) for		the			(10,783)	130,611
	reporting period	(as per	the
	statement of financial	activities)
	Depreciation					6,700	3,512
	Dividends, interest and rents from investments					(822)	(7)
	Deficit on the sale of	fixed assets				855	2,491
	Decrease/(increase)	in stocks				465	(3,110)
	Decrease/(increase)	in debtors				72,717	(120,030)
	(Decrease) in creditors					(58,511)	(21,358)
	Net cash inflow from operating		activities			10,621	(7,891)