##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|Funds|
|||Year ended|Year ended|Year ended|Year ended|Year ended|
|||31March|31March|31March|31March|31March|
|||2023|2023|2023|2023|2022|
||Note|K'000|K'000|K'000|f'000|K'000|
|Income|||||||
|Donations
and legacies:|||||||
|Sponsorship
and donations||1,342||2,466|3,808|1,595|
|Arts Council
Funding||2,501||1,709|4,210|3,353|
|Charitable
activities:|||||||
|Theatre presentations||19,418||109|19,527|15,083|
|Activities for raising funds|||||||
|Trading
income||2,928|||2,928|1,805|
|Other income||661|||661|860|
|Total Income||26,850||4,284|31,134|22,696|
|Expenditure|||||||
|Charitable
activity: theatre presentations|||||||
|Expenditure
on presentations||19,696||1,883|21,579|17,539|
|Theatre overheads||4,470|50|1,663|6,183|5,373|
|Raising
Funds|||||||
|Fundraising
costs||621||46|667|609|
|Trading costs||2,309||56|2,365|1,771|
|TotalExpenditure||27,096|50|3,648|30,794|25,292|
|Net (Expenditure)
/ Income||(246)|(50)|636|340|(2,596)|
|Other Recognised Gains and Losses||97||102|199|394|
|Gross Transfer Between Funds||816|(500)|(316)|||
|Net Movement
in Funds||667|(550)|422|539|(2,202)|
|Net funds at1April 2022||1,584|952|1,578|4,114|6,316|
|Net Funds at31March 2023||2,251|402|2,000|4,653|4,114|
##
||||2023|2023|2022|2022|
|---|---|---|---|---|---|---|
||||Consolidated|Charity|Consolidated|Charity|
|||Note|f'000|f'000|f'000|f'000|
|Fixed Assets|||||||
|Tangible assets
Investment
Property||6
7(b)|55
1,650
1,705|55
1,200
1,255|67
1,650
1,717|67
1,200
1,267|
|Current Assets|||||||
|Stock for resale
Debtors|||71
3,153|16
5,542|66
2,163|21
3,971|
|Cash at bank and in hand|||13,168|10,269|12,343|10,624|
||||16,392|15,827|14,572|14,616|
|Creditors: Amounts
Falling
Due Within One Year|||9,024)|8,009|7,840|7,434|
|Net Current Assets|||7,368|7,818|6,732|7,182|
|Long term Liabilities||10|(4,420)|(4,420)|(4,335)|(4,335)|
|Total Assets Less Liabilities|||4,653|4,653|4,114|4,114|
|Funds|||||||
|Restricted
Unrestricted - Designated
Unrestricted||18
18
18|2,000
402
2,251|2,000
402
2,251|1,578
952
1,584|1,578
952
1,584|
||||4,653|4,653|4,114|4,114|
##
|||||||Year ended|Year ended|Year ended|Year ended|
|---|---|---|---|---|---|---|---|---|---|
|||||||31March 2023||31March 2022||
||||||Note|f'000|K'000|E'000|K'000|
|Net cash flows from operating|||activities||12||825||633|
|Cash flows from investing||and|financing|activities|13||||(35)|
|Net change in cash and cash equivalents||||in the period|||825||598|
|to movement
in net cash||||||||||
|Increase|in cash in the period||||||825|598||
|Movement|in net cash in the|period|||||825||598|
|Net cash|and cash equivalents||at 1April|2022|||12,343||11,745|
|Net cash|and cash equivalents||at 31March 2023||14||13,168||12,343|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||During 2023, the cha|rity has received|funding
from t|he Arts Council fo|r:|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||f'000|f'000|
||NPO core funding|||||2,501|2,679|
||Restricted:|||||||
||. NYDC|||||474|420|
||.Stratford|||||1,232|240|
||. What's Next|||||3|14|
|||||||4,210|3,353|
|3.|Support Costs|||||Year ended
31March|Year ended
31March|
||||Theatre|||2023|2022|
|||Presentation|Overhead|Fundraising|Trading|Total|Total|
|||f'000|f'000|f'000|f'000|f'000|f'000|
|Executive Office||696|72|49|93|910|746|
|Finance||940|99|66|125|1,230|2,219|
|People||297|31|20|39|387|299|
|||1,933|202|135|257|2,527|3,264|
||Resources expended|before support|costs:|||||
||Unrestricted|18,090|4,302|509|2,096|24,997||
||Restricted|1,556|1,629|23|12|3,220||
||Designated||50|||50||
||Resources expended|21,579|6,183|667|2,365|30,794||
##
##
|Governance
Costs||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Year|ended||||
||||||||||||31March|||Year ended||
||||||||||||2023||31March 2022|||
||||||||||||Total|||Total||
||||||||||||OOOO|||f.'000||
|Governance
costs include the|||following||payments|||to|auditors:|||||||
||||Audit - current||||year|||||46|||36|
||||Audit - prior year|||||||||13||||
||||Tax - current year|||||||||3||||
||||Tax —prior|||year||||||6||||
||||Other:||non|statutory|||audit|||1||||
|||||||||||||69|||38|
|Staff Costs||||||||||||||||
||||||||||||2023|||2022||
|Consolidated
and charity|||||||||||K'000|||f'000||
|Wages and salaries||||||||||||7,278||6,998||
|Social security costs||||||||||||754|||622|
|Pension costs (note 17)||||||||||||255||234||
|Redundancy
and termination|||payment||costs included||||in|7,854
8,287
the above totalled f14,553(2022:E1,632).||||||
|Employee
remuneration||for employees|||earning||more||than f60,000 fell in the||following|bands:||||
||||||||||||2023|||2022||
|K180,001 - f190,000||||||||||||||||
|f170,001 - f180,000||||||||||||||||
|K140,001 - 6150,001||||||||||||||||
|8100,001 —f110,000||||||||||||||||
|f90,001 - K100,000||||||||||||||||
|K80,001 - K90,000||||||||||||2|||1|
|f60,001 - K70,000
During the year the company|||paid|pension||contributions||||off60,099(2022:f48,496)||8
on behalf|4
ofthese staff.|||
|The average
monthly|head count|||was|304|staff|(2022:|||302)and the average|number|of full-time||equivalent|staff|
|employed
(induding|part-time||staff):||||||||2023|||2022||
|Theatre and Front||of House||||||||||71|||68|
|Boxoffice||||||||||||10|||9|
|Marketing||||||||||||18|||20|
|Technical||||||||||||54|||59|
|Administration||||||||||||21|||14|
|Development||||||||||||10|||9|
|Events||||||||||||5|||5|
|Catering||||||||||||19|||21|
|||||||||||||208||205||
##
##
##
##
|Tangible
Fixed Assets
Consolidated||||||||
|---|---|---|---|---|---|---|---|
||Leasehold||Computer||Fixtures and|2023||
||Imp'ments||Equipment||Fittings|Total||
||K'000||K'000||f'000|f'000||
|Cost||||||||
|At 1st April 2022||110||351|154||615|
|Additions||||||||
|Disposals||||||||
|At 31st March 2023||110||351|||615|
|Depreciation||||||||
|At 1st April 2022||70||324|154||548|
|Charge for the period||5||7|||12|
|At 31st March 2023||75||331|154||560|
|Net book value||||||||
|At 31st March 2023||35||20|||55|
|At 31st March 2022||40||27|||67|
##
||Leasehold||Computer||Fixtures and|2023||
|---|---|---|---|---|---|---|---|
||Imp'ments||Equipment||Fittings|Total||
||E'000||E'000||f'000|f'000||
|Cost||||||||
|At 1st April 2022||110||289|46|||
|Additions||||||||
|Disposals||||||||
|At 31st March 2023||110||289||||
|Depreciation||||||||
|At 1st April 2022||70||262|||378|
|Charge for the period||5||7|||12|
|At 31st March 2023||75||269|46||390|
|Net book value||||||||
|At 31st March 2023||35||20|||55|
|At 31st March 2022||40||27|||67|
##
##
||||||Year|Year|
|---|---|---|---|---|---|---|
||||||ended|ended|
||||||31March|31March|
||||||2023|2022|
|Profit and Loss Account|||||K'000|K'000|
|Turnover|||||5,939|4,325|
|Cost ofsales|||||(808)|(443)|
|Production|expenses||||2,751|2,880|
|Gross Profit|||||2,380|1,002|
|Administration
expenses|||||(1,240)|(944)|
|Bank interest|||||10||
|Taxation|||||199|394|
|Result for|the financial||year||1,349|452|
|Retained|earnings|brought: forward|||||
|Charitable|distribution||to parent charity||(1,349)|(452)|
|Retained|earnings|carried forward|||||
||||||31March|31March|
||||||2023|2022|
||||||f.'000|K'000|
|The assets and liabilities ofthe subsidiary||||were:|||
|Fixed assets|||||450|450|
|Current assets|||||3,773|2,466|
|Creditors:|amounts|falling due within one||year|(4,223)|(2,916)|
|Total net|current assets||||||
##
##
##
##
##
##
##
|Borrowings|||
|---|---|---|
||31March|31March|
||2023|2022|
|Payable within 1year
Payable 2-5 years
Payable over 5years|536
3,884
4,420|499
3,836
4,335|
##
##
##
##
##
##
##
##
||||At 1April|Income|Expenditure|Transfers/|At31March|
|---|---|---|---|---|---|---|---|
||||2022|||Gains|2023|
||||E'000|E'000|E'000|E'000|E'000|
|Restricted Funds:||||||||
|National
Youth Dance Fund|||184|504|(635)|71|124|
|Dame Hilda Bracket Fund|||131||(5)||126|
|What Next? Fund|||53|108|(125)||36|
|Stratford
Mobilisation||||1,231|(1,253)|22||
|DOPODO|||69|1|(65)||5|
|Breakin' Out|||200|3|(185)||18|
|Development|||595|11|(329)|(269)|8|
|Learning
and Engagement|Funds||19|795|(532)|(6)|276|
|Programming,
Producing
Rose Choreographic
Prize|and Touring|Funt|324|380
1,000|(356)
(8)|(47)|301
992|
|Kwame Asafo Adjei Fund
Data Accelerator Project||||88
125|(86)
(36)|(2)|89|
|Other restricted
funds||||38|(33)|17|25|
|Unrestricted
Funds:|||1,578|4,284|(3,648|214|2,000|
|Designated
Funds||||||||
|Peacock Theatre
Fund|||50||(50)|||
|The Shakespeare's
Head|Fund||402|||||
|Contingency
reserve|||500|||(500)||
||||952||50)|(500)|402|
|General
Fund|||1,584|26,850|(27,096)|913|2,251|
||||4,114|31,134|(30,794)|199|4,653|
##
##
##
##
##
##
##
##
##
##
##
##
|Year ended 31March|2022||||||||
|---|---|---|---|---|---|---|---|---|
||||At 1April||Incoming|Resources|Transfers/|At31March|
||||2021||Resources|Expended|Gains|2022|
||||f'000||E'000|f'000|K'000|I'000|
|Restricted
Funds:|||||||||
|National
Youth Dance Fund|||261||523|(600)||184|
|Dame Hilda Bracket Fund||||131||||131|
|What Next? Fund||||32|131|(110)||53|
|Stratford
Mobilisation||||122|240|(362)|||
|DOPODO||||73||(4)||69|
|Breakin' Out|||240||2|(42)||200|
|Development|||485||437|(327)||595|
|Learning
and Engagement|Funds||||53|(34)||19|
|Programming,
Producing|and Touring|Funds|325|||(41)||324|
|Garfield Weston
Fund||||626||(626)|||
|Relaunch
Fund||||264|200|(464)|||
|Other restricted
funds|||||10|7|||
||||2,559||1,636|(2,617||1,578|
|Unrestricted
Funds:|||||||||
|Designated
Funds|||||||||
|Peacock Theatre
Fund||||50||||50|
|Creative
Learning
Fund||||135||(135)|||
|The Shakespeare's
Head|Fund|||402||||402|
|ACE Cultural
Recovery Fund||||341||(341)|||
|Contingency
reserve|||||||500|500|
|||||928||476|500|952|
|General
Fund|||2,829||21,060|(22,199)|(106)|1,584|
||||6,316||22,696|25,292|394|4,114|
##
##
##
|Year ende|d 31March 2022|||||
|---|---|---|---|---|---|
|||Fixed|Cash|Net Total||
|||Assets||Assets||
|||f'000|f'000|K'000||
|Unrestricted|Funds|1,115|10,346|(9,877)|1,584|
|Designated|funds|402|550||952|
|Restricted|funds|200|1,447|(69)|1,578|
|TotalFunds||1,717|12,343|9,946|4,114|
##
##
##
|Year ended 31March 20|22||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Restricted|Total|
||||Funds|Funds|Funds|Funds|
||||Year ended|Year ended|Year ended|Year ended|
||||31March|31March|31March|31March|
||||2022|2022|2022|2022|
|||Note|K'000|K'000|K'000|E'000|
|Income|||||||
|Donations
and legacies:|||||||
|Sponsorship
and donations|||749||846|1,595|
|Arts Council
Funding|||2,679||674|3,353|
|Charitable
activities:|||||||
|Theatre presentations|||15,083|||15,083|
|Activities for raising funds|||||||
|Trading
income|||1,805|||1,805|
|Other income|||744||116|860|
|Total Income|||21,060||1,636|22,696|
|Expenditure|||||||
|Charitable
activity: theatre presentations|||||||
|Expenditure
on presentations|||16,347|432|760|17,539|
|Theatre overheads|||3,512|44|1,817|5,373|
|Raising Funds|||||||
|Fundraising
costs|||569||40|609|
|Trading costs|||1,771|||1,771|
|Total Expenditure|||22,199|476|2,617|25,292|
|Net Income / (Expenditure)|before||||||
|Investment
(Loss) / Gain|||(1,139)|(476)|(981)|(2,596)|
|Net Investment
(Loss) / Gain|||||||
|Net Income / (Expenditure)|||(1,139)|(476)|(981)|(2,596)|
|Other Recognised Gains: Theatre Tax||Relief|394|||394|
|Gross Transfer Between Funds|||(500)|500|||
|Net Movement
in Funds|||(1,245)|24|(981)|(2,202)|
|Net funds at1April 2021|||2,829|928|2,559|6,316|
|Net Funds at31March 2022|||1584|952|1578|4 114|
##
||||Theatre||||
|---|---|---|---|---|---|---|
|||Presentation.|Overhead|Fundraising|Trading|2022|
|||f'000|6'000|f'000|f'000|K'000|
|Executive Office||586|51|33|76|746|
|Finance||1,743|152|97|227|2,219|
|People||235|20|13|31|299|
|||2,564|223|143|334|3264|
|Unrestricted|resources|expended|||||
|before support costs||13,783|3,289|426|1,437|18,935|
|Unrestricted|resources||||||
|expended||16,347|3,512|569|1,771|22,199|