Registered number: 02016836 Charity number.. 294399 THEATRE PECKHAM (A Company Limited by Guardntce) FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 '&B)USAD6' 29112r2022 COMPANIES HCUSE #168 Theatre Peckham . Annual Report and Accounts For thc year ended 31 March 2022 Company Information Truste¢s Dr A Domingo- Chair S L l Manyonda E l McKay R J Preston A Garrido Serrato D W R Richards N Brown J Akinwande- appointed 18 July 22 G Broomes- appointed 18 July 22 M Prend¢rgast- appointed 18 July 22 Company registered number 02016836 Charity r¢gi5tered number 294399 Registered office Theatre Peckham 221 Havil Street London SE5 7SB Company secretary Miss A Hubbard Chief executive officer Ms S McL¢an Auditors Simpson Wrcford LLP Wellesley House Duke of Wellington Avenuc Royal Arsenal London SE18 6SS Bankers Lloyds Bank plc 34 M￿rgate London EC2R 6PL Theatre Pecltham Annual Report and Accounts For the year ¢Dded 31 March 2022 Contents Tn￿tee5. report Independent audilors. report Ac¢ounts ¢omprisin8: Statement of financial a¢tivitieS 10 Balance sheet Statement of cash flows 12 Notes io the accounts 13-24 Theatre Peckham Annual Report and Accounls For thc year ended 31 Ma￿h 2022 T￿￿et5. Report The Trustees of Theaire Peckham are delighted to present their annual report with the authted fjnancial ststements of the company for ihe year ended 31 March 2022. Th¢ Tn￿teeS confirni that the Aruiual Rewrl and financial statements of the company comply wilh the current statutory requirements, the requirement of the company's goveming document and ihe provisions of the Sthtemenl of Re¢ornmended Practi¢¢ {SORP). applicable to charilies preparing their accounts in accordance with the Fin8n¢ial R¢porting Standard applicable in the UK and Republi¢ of Ireland (FRS 10 2} as amended by Updat¢ Bull¢iin l. Ob'ectives *nd A¢tivilie5 The charity's principal objec¢ as detailed in the Memornndum and Articles of Associalion, continues to be the advancement of education for the public benefit by the promotion of the arts. through performing arts and techni¢al production. Through the power of theatre. we illuminate young voicts. developing skills opportunities to platform excellent creatives who ar¢ locally focused with a national and international vision. At our South London home, we commit to producin8 new writing and r*rfOrnlan￿ foC￿81n8 on young iaient. representalive of London's community- Our Vision and Mission We are building a genuinely representaiive and inclusive ￿lety where everyone can p8rticipate in. lead. work in, and enjoy creaiivity and culture. Theatre Peckham is a learning theatre that is built to champion 8rlisii¢ ex¢ellen¢e and S￿la1 change for young people and our hyper-local ¢ommunily. Alongside the performances on our stage, we provide a woice, a platform, and OPFK>rtunities for young people from underrepresented background5 10 realise Iheir potential and thrive in professional environments, creative and ￿herWiSe. Founded over 30 years a80, we are ambitiows. we are brnve. and w¢ inspire all those wlx) come through our doots. Our oiganisaiional values are refleaed in everything we do. Theatre Pexkham values.. Repre￿￿1#110fi Collaix)raiion Innovation Ambition Relationships New ideas, New stories and New partnership5 are made in Theatre Peckham. By championing yow)& underrepresented voices, we are opening the gates for performers and te¢hnicians to enter the creative indusiries, forming lifelong relationships with participants, audiences, and partner or8ani5ations. In doing 50, Theatre Peckham leads the change that is influencing our sector. Bouncing Back From Covid 19 The beginning of the financial year Saw the UK coming out of the 3rd lockdown. We ¢ontinued to provide for our community ulilizing digital and small group activities. in line wilh Gov¢rnm¢nt 8uidelin¢s. We have received fantastic support from many funders. but are panicularly 8ratefiJl for the ongoing support from the Arts Council Engian¢l Southwark Council Culnwe GranL Greater London Authority, Jack Petchey Foundation and th¢ Government Kickstart scheme. We ¢ontirtued to grow and slren8thEn otsr t¢am Is w¢ll as providing employrnenl lo unemployed young people wilh the support of the Jack Petch¢y Intern Scheme and the Gov¢mment Ki¢k5tart scheme. 830h of staff hired in 2021122 Theatre PLYkha Annual Report and Accounts For the year ended 31 March 2022 Trustees. Report were L￿der 25. This has enabled us io grow our seTvi¢es 8nd further embed ourselves within the local community. Theatre Peclth4m AcY+demy *nd Young Pe¢khwm Our principal a¢tivity is a ¢or¢ trdining programme. In 2021 we str¢ngth¢rted the offer by splitting the Iraining into 2 moT¢ focused ar￿. Our Academy for )-16 years.. 24 perfomiing arts courses running weekly concurreni with school term5 including acting, musical theatre, music produdion, lechni¢al Iheatr¢ and a variety of dance cla55¢S. 820/p of members were from Southwark i14 members 14 iutors. 8 assislants. 4 work placements ¥nd 3 volunteers 720 participalory sessions as part of our 8rademy progrdmme. Our new Young Peckham for 17-25 year old's provided 5 rore programmes f￿used on training young people as creatiw¢s. in acting, in produring and Governance. 84 young people engaged across 74 s¢ssion5 With trainin8 in acting. producing and becoming a well-rounded creative. Originate Rep Company Young Producers Young Actors Company Young Trustee5 The31re Pff kham P¢Tforman¢es Every child had the opportunity for live perfomiance on our stage, and in the local community, sharing and showcasing their iaieni io friends aThJ family audiences. In 2021r2022 our young people led and perfomi¢d in Tongue Ties by Young Producers. May 2021 Macbeth. In pmrtnership with Play On. June 2021 SCRAPS. June 2021 Lemonade, In pann¢rship with CTC, July 2021 Ignite your fire. In partnership wilh crc. July 2021 South Crong. July 2021 Rep compat)y Showc&se. July 2021 The Green Room. August 2021 Scrap Bacl September 2021 R¢glitch by Young producers, Oaob¢r 2021 Care by Rep ￿Mpany. November 2021 The Wonderful December 2021 5 Poetry Foyer's. In parfn¢rship wiih Poetic Unity & Black Cultural Archive5, September 21- March 22 We also cur8ted the Young Gifted and Black Festival in October 2021 which comprised of IJ p¢rformances and events acros5 October and early November Theatre Pe¢kham Annual Report and Acc()unts For the year ended 31 Mar¢h 2022 Trustees. Rew)rt Theitre Peckham Tr•ining Tf3ining is offered to young athl]￿ schools and college pupils who make use of our work experience s¢heme and University and drama schoo15 have Theatre Peckham top on their list for placement opportunili¢s in T¢¢hni¢al Theatre. Producing, Stage Management. Facilitating and Admini51ralion. The#¢re Peekham Parlnersbips gnd Hires We hosled a wide variery of hires for p¢rfomian¢¢ and production WO￿ which resonate with our targei audience. listed below. Airlock Brixton House Born:Free Dropped Tea Gar¢th Jame5 Aysha Bell Brixton Hows¢ Defibrillator Theatre Duo arts Gerrard Martin Da￿¢ Happy A￿Ident Theatre Company Kromanti Rum Black CulturaI Archives crc Dance Cornpany Dramatic Momentum English Touring Opera Graphics Monkey Its Black Owned Hemiit Productions Knuckle and Joint Melanin Gamers PeriLwJ Roofing Specialist- Pecktrom Poetic Unity Royal Court Tamasha Up Front Comedy Midnight Munchies Camberw¢ll MouDtview Play on Shakespeare Progress Wrestling Tamasha RADA South London Gallery Southwark Council Tavaziva D8n¢e, Thealre 50i Veranda 202A -22 key $t4tisti¢s: We supFKFrted 19 young Feople on Universal Credit into ¢mploym¢nt through the ki¢kstart scheme We supported 23 volunteets, 10 work pla¢ements. 2 artists in residenrz. over 185 freelance artists and Worke￿ supported over 200 artists. We worked with IS local Se¢ondary. Primary. Nursery. Pupil Referr81 Unit Schools and local Community group bookings 192 in person performances of 49 productiorts and 2 F¢stiv81'$. We produced 6 in-house productiorLS for ￿h0o1 audiences. the public and A￿demY members. nci41 review Despite the challenges and constraints of the continuing Covid 19 pandemiq Theatre Peckham largely re-opened through this financial period but still suffered lowerr¢v¢nues from A¢ad¢my f¢es. box offic¢ lirkets and hires. Theatre P¢ckham ends the y¢ar in a resilient financial position. Theatre Peckham's ash has decreased from J￿$t about £263.000 at the end of March 2021 to £263,435 at the end of March 2022. While the Theatre remains financially stron8. bi needs io ensure il rnaximises in¢ome from its theatre activities and its grani giving supw)rtets in order to 5UStain itself into the bjture. The year to 31 March 2022 saw significant and ongoing SuP￿}rt from our ¢hief funders. a disciplined and prudent cosl•control poli¢y,' and centrnl Governrnent'5 furlough programme which contributed over £117,000 to our staff costs. We continue to repay the Boun¢e Back loan over five years, taken out to buttress our liquidity against Shocks. We are grateful to all our fundeffs and are parti¢ularly thankful to our CEO and Finance ieam for ensuring our continued strength into th¢ new fina￿la1 year. Theatre Peckham Annual Report and Accounts For the year ended 31 March 2022 Trnstees. ReFQrt At the end of 2021122 there was total re5erve5 of £346,327 (2021 £4il.12i). This WLS made up of £217.37212021 £115,973) re5frided reserve5 and £128.955 (2021 £315.150) unrtstri¢ted reserves. Prin¢ip*l funding soyrces We would like to thank all the generous donations and grants from ail our supporters. A detsil¢d list of all grants and our grant giving trrt)dies is given in Not¢ 2 10 th¢ a￿O￿nts on page 16. Reserves policy The Trustees shall- Build up res¢rv¢s until they r¢pres¢nt an amount equal to an average i month's running Costs based on the prior yea¢s firLancial statements. R¢serves may only held in cash or near cash equivaknts wilh re¢ognis¢d and regulated UK institulions wilh 8 ¢redil raiing of A or greater. While the T￿￿tee5 and me￿￿1$ of the Board seek to m&Kirnise return5 on inve51ments h¢ld as reserves, this should not result in most of the reserv¢s bKoming illiquid and in accessible in the event of an emergency. therefore ar le&st 51Q/• of the reserve5 should be inslant a￿5 and the rest subject io notice not exceeding 3 months. Reserves may only b¢ u¢ilised wh¢n the finance committee recommends to the Board that such use is appropriate, and the Board agrees by majority vole off a quorat¢ Board meeting. Reserves may only fall ￿lOW ihe level s￿CIfied when the Finance Committee r¢commends to the Board that such use is appropria*. and the Board agrees by majority VQte off a quordte Board me¢tiDg. The Board are haroy to report that reserves have i*en greatly strengthened in 2020lll and have met the wliry iargei. The futur¢ outlook is uncertain but, with prudenl managemenL th¢ Board is confident that we can preserve and maintain this sound financial underpinning. Going concern After rnaking appropriate enquiries. the trustees have a r¢a50nabl¢ ¢xp¢ctatton that the charity has adequate resources to continue in operational existence for the foreseeable future. For ihis r¢ason, they ontinue to adopt ih¢ going concern basis in preparing the financial statements. Further details regarding the adoption of the going corKem Eosis be fouThJ in ihe Accounting Policies. Structure ov¢rn¥Df¢ •Dd mana ement Constitution The charity is regisier¢d as a ¢hariiable ￿rn￿nY limit￿1 by guardniee. The Charili¢s registered office is 221 Havil Street. Londoffj SES 7SB. The charity is constituted under a Memornndum of A550ciation dated 2 May 1986 and is a registered charity number 294399 in England and Wales. Method of 4ppolntment or ekction of Trustees The management of the charity is the reswThsibility of the Trustees who are ele¢t¢d and w￿pIed under the temis of the Articles of Asso¢iaiion. The trustees who served during the 2020r21 year wert- S E C Whitney Low- Chair A R Devenish A Garrido Serrnto D W R Ri¢hards Theatre Peckham Annual Report and Accounts For thc year ended 31 March 2022 Trnstees. Report M E Hamilton- Resigned 27th July 2021 E l McKay S L l Manyonda R J Presion J A Reeves- Resigned 27th July 2021 C J M Wilkinson A Li- Resigned 2nd November 2021 N Brown- Appointed 27th July 2021 Appro8¢h #nd recruilment ofTrustees After 6 and half years, Sioban Whiiney-Low stepped down a5 a Trusiee and Theatre Peckham's Chair. Sioban worked tirelessly to support and champion staff. board members and young people. We Created a nomination's committee who led an orth r¢crnitm¢nt for new Trustee's and a Chair. identifying key area's of skills. knowledg¢ and representation that were missing from the Board. Natasha Brown and Anni Domingo hav¢ stepp¢d into the Tntstee arnj Chair wsitions resFtctively. Org4nisatioThal structure *nd decision making The Board of Tru5tee5 meet every three months. or more frequently if requirf to ¢onsider re￿rtS from the Senior Management Team. monitor financial progress. agree budget5. and consider issues of sirategi¢ importance. The Tru5tee5 delegate the day-to-day managemeni of ihe charity lo the Executive and Artistic Director. Suzann McLean. The Board currently h&$ four sub-rommittee5: Programming. Finance. Fundraising and Nominations. Th¢ rommittees have terms of refer¢n¢¢. meet as needed and report proceedings lo the full Board. Risk management The Trustees and members of the management ¢ommitte¢ review the major risk5 which ihe charity faces on a regular b45iS. They are committed to continuing to i￿1¢&$¢ reserves. ￿mbined with an annual review of the controls over key financial systems. to provide sufficient resowc¢s in th¢ light of adverse conditions. The Trustees and meM￿rS of the management committtt have also examined other operational and business risks faced by the Charity that they have estsbli5hed syslems to mitigate the significant risks. lans for future eriods Future devtloptnents Our plans for the future fall into thr¢e categories Supporting the growth of a more represent8tive sector. providing opportunities for people from the widest backgrounds to gel into theatre and the creativ¢ sedor. Championing a festiv￿ approach to programmin& attr¥iing the widest range of audiences and participants through our broad offer. Ensuring a brighi future. re-opening safely and prioritlsing our ongoing finwKial vi&bility. Thegtre Peckham Annual Re￿￿tt and Accouuts For the ytsr end¢d 31 March 2022 Trusiees. Report Tru$t¢¢$' r¢s￿O$1b￿lsti￿ $t*terneat The Trustces {who are a150 dircctOTS of Theatre P&%kharn for the purpD5es of company law) ar¢ responsible for preparitjg the Trustees. Rewjrt arKi the financial statements in ac¢ordan¢e with applicable law and United Kingdom A¢￿￿ntIng Standard% OJDited Kingdom GeDerally ACCe￿ed Accounting Practice). Company law iequires the TnLSt¢es to Ptep2re fJnaDcial slatetDents for eath fmancial year. Under compatty law the TnLStees must not approve the fmaDcial statements unless they are sat15fied that they 81ve a rnLe and fair vjew of the stale of affairs of the cP￿l￿b]e company and of the incoming resource5 and 3pplicalion of resources. including the incorne ajjd expendiluTe, of the charitable Company for that period. tn PTwring ihese fu￿￿¢1¥1 ststements. the TTUStees ale required to". selrft sllittble accounting p)lici¢s and ihen apply them coL5isieotly" ob$erYe the methods and principles in the Ch&ities SORP: make JUd￿¢ntS and accountsn8 estimates that are reasonable and prudeDt." prepare tbe financial staiemeDts on the going concern basis unless it is inappropriate to presume that the ¢haritsble company will Continue Jn optraiion. The Tnjstees are reswisible for keoing ade4uaie ac¢(nmting ff¢orts are sufficieat io show and explaTn the charitable con]panYs trnnsactioDS and disclose with r¢asonable &cur2¢y at any time th¢ rinancial p05iiion of the clwitable company and enable them to eD¥LLre that the fuhan¢io1 staternents comply with the Companies Act 2006. They are a150 re5pollsible for safeguarding the awt5 of the eharitable company and hence for tsking re9￿M￿l￿ 5tep5 forthc prevention and detection of fraud and other irttBulaTilies. Distlosure of infortnatioD i• *udito Ea¢b of the perso￿￿ wlho are Trusw at the time wbell this Tn￿tees. Re￿rt is approv¢d has ¢onfimied that.. so far as thai Tn￿ is aware, there Js no relevani au(h"t infomiation of which (be chasttable company's audiioTS are unawaTe, aJ)d that Trustee ba5 taken all the Meps that ougbt to bave Ixen ￿k¢n as a Trnstre in order to be awar¢ of any relevanr audit infoTtnation and io e5tsblish the ¢batitable company's auditors ate awar¢ of that information. The trn5teCs have complied with their in seaion 17 of the Chariiics Act 2011 tts hav¢ the regard to the publi¢ benefit guidance published by the Charity Commission. Signed on beha]f ofTnsw oo.. Dr A Domi Trustee go. Chair Theatre Peckham Annual Report and Accounts For the year ended 31 March 2022 Independetht Auditors. Report to the members of Theatre Peckham op1￿1￿￿ We bave audiied the fuJarL¢ia] SLqwnets¢s of Theatr¢ P¢¢kh￿tt (the'cbatity.) f￿th¢Year¢￿ded 31 MarclL 2021'whicb comprise the StatenKnt of Flnancial A¢iivilie5. Ball￿e Sheti and the relatcd note5kn the fuuhcial statements. u)cluding asummaryofsignificAOt accounting polI¢i¢s. The fman¢ial ￿porting frall*work thai h¥s beell appjid in their preparniioll is applicable law and Uniied ngdom A¢¢ountiDg Stsrtdards. inCludi￿g Fitwjcjal Reporting StaDdard l(Y2.. The Fir￿¢￿11 Rew)rting Standard 4)plicable in th UK aDd Republic of IrelaDd Iunited Kingdom Geoerally Awt¢d A¢rJ)uDobg Pracw). In OUT opinioTh, the fJrtaD¢rai $￿eMen￿.. givc a *)d fair view of the 5t8ie of the Charity's affairs as at 31 Match 202iattd of 113 ittcoinin8Ttsowces attd application of re50UTce5 for the year cDded.. hav¢ b¢¢D properly pr¢par¢d u) a￿ord*￿e with Uni*d Kingdom Getht¥•lty Acceptyj Accounting Ptxti have beeD piepared in accwdancc with th¢ reqllir¢nKnts of th¢ Companie5 Act21XI6. Basis for OPiDIQ• We CQDducted OUT •udit in accordance wth IDterDatjO￿ Swjknds ott AuditsThg (UK) {ISAs (UK)) and ipplicable 14w. Our responsibilities under those siandards are fimher dcscribEd in the Auditor's respon$ibilitits for the audit of the f￿ancial staiemenLS section of our report. We are indepe￿ll1 of the Charity uj a¢￿da￿te the ethical requiremtLts thai ate Televant ty ow audii of the fJtyaE)¢ial suiemettts irt the UL th¢luding the FRC'S Ethi¢81 Standard. and we bave fiJifilled oui tstheiethical resptstssibilities itt a¢£oTdan¢ewth these rty4ll￿et￿C￿[$. We b¢li¢v¢ that the audit¢vidtnc¢ wehave (thined is 5ufficienLand ¥Fpropriate to provid$ basis for ow OPittLLXJ CoDclusion5 relating to going ¢onc¢r• We have rtoihing to r¢port iti tespect of tbe folliHlligthatttrs inrelation to whichtht ISAS (UK) tequire￿% to report to you where.. the trust¢es' w of th¢ going basis of a¢couDiing in the preww)n of the fiJwi¢¥l stsiements is not appropria*." the trustee5 bave not di5clo¥ed ID the fioarKial s¥atemeDt5 iden¢if*l material uncertai￿11¢$ thai may rast signifKant doubt ab￿1 the Ctwity's ability to contwue lo adopt the goiThg conc¢rn b&%i% of aecth]ntin¥ for ap￿1[X1 of at least th¥elv¢ inotsihs fmm the d￿t when the fiD3ncial #re auIlLo￿ for i&•Je. Otber Informatlo Tbe tTU51ees are reswinsible for IheotherinfoTmatiOD. The ather IDforn￿tiO￿eOMPrLSCS the infonDalion included in the atmual report other than the fJnaoc)al staterneDts aDd ¢)ur wditor's reportth¢reon. Chjropinion OD the fiJJancJAJ stsrtments does DQtcov¢rth¢ other information atbd, except 10 the ext￿( othe￿i$e expliciily staled in our tepor4 w¢ do r￿>¢ expres5 Any f¢)rnJ oC3SYLrance c¢)Thclusion thereon. I￿￿￿e¢tion with ouraudii of the financral ststemeThts. ourresybnsibjlity is torcad theother iThfomiation in doingso, consid¢r whether the oth¢r iofomatiorl is materially I￿onsI$*￿t with the f￿8￿¢7*] ststem¢nts ot OUT kmwledge obtsined it) the audii or othmvise appea￿ to bc mwerially misskitd If we identify such rnateTiai incotL%iS*n¢ies or app2tenl material mi&sts*mellts. we aT¢ required lode*rnJinc whether there i% a tnaterial tThissti*rnenl irl the f￿anCi￿ ￿te[tIents ora tDaierial mi55tstetnenl of the other iDfoEnThtion. If, based orl the WOFk w¢ have perfotts)tsL we wncludt thert 15 8 matrrial rni5Stht¢meni of this otb¢T inforn)*ion, we are required lo repjrt that fact. We bave notbittg ¢0 report in this rt8¥rd. OpiDioDs on other Tritters prescribeo by the CoffjpADies Ati 2406 In our opinion, b&%ed 00 th¢ wotk uttdertskell ITh the ¢tyJJse of the audit.. tht infomMiion given in the MJs*es' Tep>rt (in¢orywThting the Stsate8bc Teport I￿￿ the ditt¢￿1$. twrt) for the financi year for which the fJrLancJa] 5tstements are wtyared is ¢otssisttst with the fin)ncial ststements. aod the trustee5' rewrl (iDCOtPDratirL8 th¢ stratepc report and the dir¢¢thts' teportl hav¢ b¢uJ prep8Jcd in xcordDnce with appliuble It8al requircmcnts. Theatre Peckha Annual R¢port and Accounts For the year ended 31 March 2022 Independent Auditors. Report to thc mcmbers of Theatre Peckham Mgtt¢rs wbitb we *r¢ r¢quir¢d to report by exeeptio In the lighi of the knowl¢d8e and understsndin8 of the Charity arKI its cnvimnmentobtained in th¢ (*urse of the audil, Ive have not identified material misstatements in the Tru5ttts' Annual RqN)rt. We have nothing to rewi in reyct of the following matteT5 in Tel￿10Tr to which the Compani¢s Ad 2(K)6 requires u5 10 rew>rt to you if, in our opinion.. ailequate a¢¢ounting records have not been kept or returns adequate for our audit have not bccn received from bran¢hes not Vjslted by us. the financial sta¢emeDts *¢ n(* in agr¢ement with th¢ aCCo￿lin8 records and return5" Ive hav¢ noi obtsined all the infomiation and explanatiffl5 necc5sary forthc purwses of our audil. the direc¢ors were not enlitled w prepare the finan¢ial stst•n¢nts in oc¢ordanc¢ with the srnall companit5' regime and tske advanta8t of the small companits. excmption in prcpaTing the diTe¢iows' repKlrt and thke advanta8e ofthe srnall companies, exempiion from the rffjuiretnetti w prepare a straie8ic repTrrt. Respon$ibilili¢s of ihe tru$itts As exp12ined more fully in the trumees, res[￿nSIbIlItIeS stsiemenl set out on page6. the trnSttts are reS￿)￿Sible for the PTcpar81ion of the financial ststements and for bcin8 5alisfied thai they give a true and fair view, and for such internal control as they dcterniine 15 n￿eSsary ¢0 cnable the preparation of financial Statements free from maierial mis5tatemenL whctheT due io frAud or ernr. In pr¢paring the finaneial statements, the tru#ees are resrx>nsible for ￿essing ihe Charity's abilitv 10 ¢Oll¢inue as a going concern, di5c105Lng. as applicable. matters related to going con¢eTn ond using the going ￿nCern b¥is of accouniing unless the Iwstees either intend to liquidate th¢ Charity or ¢0 C¢￿ op¢raiion$, or have no realislic alternaiive but lo do 50. Our r¢spw$ibilitiu for th¢ alldit of the fiD**ci*l st*lem￿ts Our objectives are to obtain reasonable a55ufdnce atM>Ut whether the financial ststements as a whol¢ are frtt from material misslatemenL whether due to fraud or error. and io issue an auJi¢or's repK)rt th21 includes our opinion. Reasonable assurance is a high level of assurancc but 15 not a gvarantte that an audit eomductrd in acts)rdanee with ISAS (UK) will always detect a rnattTial misstatement when li exists_ Miss¢at¢ments ¢Jn arise from fraud or error and are considered material if. individually OT in ih¢ aggregat¢, they ¢ould reasonably te exFtt*d to influence the economic decisions of u5crs t8k¢n on th¢ basis of these financial sthiements. A furtherdescrl￿i0n ofour re5rA)n5ibililie5 for the audil of th¢ financial 51a1¢ments is k)caied on the Financial Rep)Tlin8 Council's wcbsite at.. [wwW.frc.org.uklauditor5r￿ponSlblll￿¢sl. This des¢ripuott roms part of our auditor's rew>rt. EAtEnt to which tht #udit w#$ t•n$idertd t#p*blt oldetetting irregularitie& iDeluding fr*ud th¢ engagernenl partner ¢nsuTed that the engagement t¢am colledively had the appropriate comixttnce, ￿PabIlItIeS and 5ki115 to identify or re¢o8nise non-compliance with applicable laws and re8ulalions' ve identifjed the laws and regulations appli¢able ￿ the company throu8h discussions with dirtctors and other m#nagem¢ni, and from our commercia] knowledge and experience of the computeT software and SUPWTrrt secior. Ve focused on spe¢ific laws and r¢gulaiion$ ivhich wt considered may have a direct material effect on the financi31 swt¢mMts OT the OP¢TJtions of the company. including the Companies Acr 2006, data protection. Iv¢ a5s¢ss¢d th¢ extent of ¢ompli2nce with the laws and regulations idcntifjed atrM)ve through making enquirie$ of managem¢nl and Insp￿ting le8al ¢orrtsp)ndence" and ideniified laws and regulations ivere communicated within the audit ttam regularly and th¢ tethm remait)e4 alert to insiantt$ of non-compliance throughoui the audit. AudSt r¢spoD$e t• ri%ks ideDlified We assessed the susceptibility of the cornparby'5 financial to matcrial mi5$1atement. irteluditt8obrainin8an undermndin8 of how fraud mi8ht occur. by.. makin8 enquiric5 of mana8ement as to where they considered thtte was SUSCWibility to frau¢i their knowled8e of xtual, suspected and alleged fraud. and considerin8 the internal controls in place to miti8atc risks of frdud and nOn￿OmPliance with laws and reBulations. Tbeatre Peckham Annual Report and Accounts For the year ended 31 March 2022 Independent AuditOTS' Report to the members of Theatre Peckham To addres$ lh¢ risk of fraud through manog•n¢nt and override of controli we.. perforni¢d analytical procedures to ideniify any unusual or unexrrtcted rtlationshi testedjournal entrits 10 ideniify unusual trJnsxlions' assessed ivhetherjudgem¢nts and assumptions made in detemiininB the xcounting estimates set wi in No* I were indica¢iv¢ of ry>rential bia5. and Investigat￿ the raiiottale behind sigDifiwi or wysual trat1sactjor￿. In rewjrbse to the risk of irregulariknes and rtOnry¢ompliath¢e with jaws and re8ulalM)n4 we designed procedures which includcd. but vere not limited to.. a8reeirt8 financial ststemeni disclosures lo underlying sup1￿1n8 documtntation and. enquiring of mbnagcrnent as to actual and PO*niial litigation and ¢1oims. There are irbheTen¢ limiiaiions irt our audit wo¢¢thkr¢s d¢xriW *ove. The more removed ihal laivs #nd Tegul¥tions are from financial transaction5. the le55 liktty il 15 that ive would be¢om¢ aiY3r¢ of non-compliance. Audkting stsndards also lirnit the audil procedures required to ideniify non-compliance wth law5 and ￿UlatiOnS ¢0 enquiry of th¢ dire¢tors and other mana8ement and tht inspe¢iion of regulatory and legal ￿rreSPot)dence, if any. Material misstatements that arise due to fraud can be harderto detttt than those that aris¢ from error as ihey may involve delibernte ¢on¢ealment or collusion. U$t ofotsr rtport This report is made solely to the Chority'5 members. as a IM)dy. in ac¢ordan¢eivith Chapter 3 of Part 16 of thecompanies Aet 2006. Our audit WO￿ has been undertaken so that we might 51atc to the Charity'$ membets those marttrs we are required to state to them in an auditor'5 report and for no other PUTP)se. To the fvlle# exieni pemiitted by laiv. we do not accept OT assume responsibility to anyone other than the Charity's members as a IM)dy. forour audit worK for this re￿IL or for ih¢ opini(pns we have fonned. K*¢e TAylor FCA (Senior Ststutory Auditor) for and on behalf of Sirnpsom Wrtf•rd LLP. St¥tstory Auditor Welle51ey House Duke of Wellingion Avenue Royal A￿rtaI London SE18 6SS Dat￿.. aa CEcoJ)ty . Theatre Peckham Annual R¢wJrt aDd Accounts For the ytsT ended 31 bAarch 2022 Statement of Financial Aclivitie5 (IncoTporating ]ncome and Expenditure a¢￿unt} UMre5tri 31.208 Net Movemellt of Funds {186.195) 101.399 (84.796) 163.191 R￿QDrIll*tion of funds Funds at L April 2021 Funds ai 31 March 2022 315 150 128 955 431 123 267 932 431 123 217 372 The Ststement tsf Financial A¢tivities includes all gait)s and losses ID Ihe year. All tn¢ome and expendjnjre derive from coDtjDuing activities. The notes on pages 13 to 24 fonn part of thtse financial 51atements. 10 Theatre Peckham Annual Report and Accounts at 31 March 2022 Balance Sheet 2022 2021 Note FIXED ASSETS Intanwble &$5ets Tatt8]bk assets 8.816 211233 9,379 230 084 10 220.049 239.463 Debtors Cash at bank and in hand 77,772 53,517 263 435 218.764 316.952 CREDITORS." amouDL% falbng due within one year 12 NET CURRENT ASSETS 158 778 cRI￿lT01lS. am¢xty)ts fallmg due after more than one year 12 LYET ASSETS 346,327 431,123 CHARITY FUNDS RestrKted fun& 14 217.372 128 955 115,973 315 150 Unr¢stric¢ed fi￿ds 14 TOTAL FiJNDS 346,327 431,123 The accounts have been wepared in accordance with the special PrO￿S1on$ of Part 15 of the Companies Act relating to small Companies and constityre the anoual accounts required by the Cofftpanies Aci 2(K16 and in accordance with tb¢ Fitsan¢ial R¢portiog Standard iti the UK alld R¢publi¢ of trelaod (FRS 102). Th¢ firtao¢ial stat¢ments OD pages 10 to 24 wcrc approY¢d by the Tnts¢ees OD their bebalf by and sJgr)ed on Domin80, Chhir Company Numlxr." 02016 6 (England & Wales) Theatre Peckham Annual Report and Accounts For the year ended 31 March 2022 Statemeni of Cash flows 2022 Fll￿d$ 2021 Funds IYoi¢s Co$h fl0Tr3 from operati￿# 4¢tivits¢s". Net ¢asb pvovided by (used in) opernting *¢¢iviti¢s 94.862 206,970 Cash flo*ts frnm invelting *etRvilies: Purchase of property plant and ¢quy)ment Net easb provided by {used in) investing •ttivities 20.081 20.081 35,788 35.788 Ca$b from finanf int •¢tivili¢s". Repayments of bO￿owing Net eash provided by (￿ed IM) finaneimg *t¢ivbties (7.500 Change in ¢&4h and equtvaknts in th¢ reporting perKxI Cash and rash equtvaknts at the beginning of the reporting perk)d Cash ond cash equivaknts at the end of the reporting {122.443) 263,435 140,992 171,182 92,253 263,435 12 Theatre Peel(h2m Annual Rewrt and Accounts For the year ended 31 March 2022 Notes to the financial statements l Aeeounting Polieies 1.1 Basis of prepara¢ion of financial statements The financial statements have trKen prepared In accordance with Accounting and Rew)rting by Charities: Stsiement of Recommended Practice appliixble to Charilies prepgring theii accounts In accordance with the Financial R¢p)rting st￿darl applicable In ihe UK and Republic of Ireland (FRS 102) - (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK Republic of Jreland (FRS 102) and the Companies Act 2006. Th¢atr¢ P¢¢kham meets the def￿lti0rt of a public benefit enlity under FRS 102. As5¢ts and labiliti¢s are initially recognised at historical cost or trdnsa¢tion value unl￿5 othwwise stated in the relevant *¢¢ounting poli¢y. 1.2 Company status The charity is a company limited by guar3ntee inco￿orated in England and Wales under registered number 02016836. The members of the company ar¢ the Trusttts named on the company inforniation pag¢. In the ¢vent of the ¢htirity being wouttd up. the Ilability in reskxct of the guarantee is limited to £1 per member of the charity. The registered offi¢¢ is 221. Havil SireeL London. SES 75B 1.3 Income All income is recognised once the charity has entitlernent to th¢ income. it 15 probable that the income will be received. and the amount of in¢ome re¢¢iv#ble ¢an measured reliably. For legacies, entitlement is taken astheearlierof thedate on which either.. th¢ charity is awarethat probate ha5 tten granied. the estste has ￿¢￿ finalised arKI notification has be￿ made by the executorf5) to the Trust that a distribution will be made, or when a distribution is received from the estsle. Receipt of a legacy, in whole or in pan, is only considered probable when the amourtt can be measured reliably, and the charbty has been notified of the ex¢wtorf5 int¢ntion to a distribution. Where legacies have tt¢n noiified to the charity. or the charity is aware of the granting of probate and the criteria for ineome recognition have Dot been met. then the lega¢y is treated as a coniin8ent lsset and disclosed if material. Donated services or facilities are recognised when the charity has control over the iiem. any conditions associated with the donated Item have b¢¢n rneL the receipt of economic benefi1 from the use of the harity of th¢ item is probable and thai economic benefit can be measured reliably. On receipt. donaled professional 5ervi¢¢s and donated fa¢iliti¢s are recognised on the basis of ihe valu¢ of the gift io ihe charity which Is the amount the charity would have been willing to pay to obiain s¢rvices or facilities of equivalent economic F*nefi1 on the open market. a Corresponding amount Is then recogni5ed in expenditure in the period of re¢eiiX. 1.4 Expenditure Expenditure 15 Te¢ognised once there is a legal or ¢onstructive obligation to iransfer economic benefit io a third paty. it is probable that a transfer of economic benefits we be required in sell]ement and the amount of th¢ obligation can be M￿$ured reliably. ExpendiDJre is classified by activity. The costs of each activity are made up of the total of dir￿1 costs aNJ shar¢d ¢05ts. inrluding supwrt costs involved in 13 Theatre Peckham Annual Report and Accounts For the year ended 31 March 2022 Notes to ihe financial slalements undertaking each activity. Direct costs attributable io a single activity are all(*aied directly to ihat activity. Shared costs which contribute to more than one a¢livity and supporf costs whi¢h are not a￿]butable lo a single activity ar¢ apportioned between those activities ort a basis consistent with the use of resources. Central staffcosts are allocated on the basis oftime spenL and depreciation ¢h4rges allocated on the portion of the asset's use. Governance costs are those incurred in connection with administration of thecharity and eomplian¢e with constitutional and statutory requirements. Charitsbl¢ activities and Governance costs are costs incurred on the charity's educational operations. including suN)ort costs and costs relating to the govemance of th¢ charity apportioned to ¢haritAble activities. All ¢xpenditrJre is inclusive of Irrecovernbl¢ VAT. Redundancy payments are r¢cognised in the period in which an agreement is Tfdched. 1.5 Intangible f￿ed a%5ets and amortisation Intangible assets costing £200 or more are capitslised and recogni5ed when future e¢onomic benefits are Probable. and the ¢01 or value of the #sset can be me&sured reliably. Intangible assets are initially recognised ai cost and are subsequenily measured ai cost net of amortisation and Jny provision for ImpairnKnL Websiie development 6•h reducing ￿lance 1.6 Tangible fixed and depreciation All 35set$ Cosiirtg more than £200 are capitsli5ed. A r¢vi¢w for impaimient of 4 fixed ¥ss¢t is caTried out if events or changes in circumstanc£s indicate Ihat the carryin8 value of any fixed asset may not be ￿Coverable. Shortfails betwe¢n the carrying value of fix￿ assets and their r¢coverable amounts are recognis¢d as impaiTm¢nts. impaimi¢nt losses are recognised in the Statemenl of Financial Activities incorporating income and Expenditur¢ Account. Tangibl¢ fix¢d assets are carried at cost. net of depreciation and arty provision for impaimienL depredation is provided at rates calculated to WTiteoff the cosl of fix￿ assets. le55 their e$iimat¢d r¢$idual valu< over their expected useful live5 on the following bases.. Long-terni leasehold property Moior vehi¢les over the terni of the IC￿e 25PA reducing balance basis l 0-15Y• reducing baian¢e basis 25•/o reducing balance basis 33Vo straight line ba515 S0/• straight line basis 15% reducing balance basis Theatre fixlures and fitting5 Th¢atr¢ equipment cOmp￿er equipment Portable Sound ¢quipment Leasehold improvements 14 Theatre Peckham Annual ReFM)rt and Accounts For the year ended 31 March 2022 Noles to the financial statements 1.7 Interest T￿¢1vable Inlere51 on fund5 held on d¢wsil is included when T¢¢¢Lvable and ih¢ 8mount can be measured r¢liably by the charity- thi5 is r￿)mi811Y upon notification of the interest paid or payabl¢ by the Bank. 1.8 Debtors Trade and other debtors ar¢ r¢cognised at the scttlement ¥Jnount aft¢r any trade dis¢ount offtted. Pr¢payments are valued at the amount prepaid rtet of any trade discounts due. 1.9 C&sh at bank and in hand Cash at bank and in hand include5 cash and short terrn highly liquid investments wilh a short maturity of three months or less from the date of acquisition or opening of the dep)sil or similar account. 1.10 Liabilities and tWViSiOW8 Liabiliiies are recognised when there is an obligation at the Baianc£ Sheet date as a result of a pa event. it is probable that a Iran5fer of economic benefit will be required in settl¢menl. and the amouni of the settlement Can b¢ utimated reliably. Liabillties are recogni5￿ at the Èmount thai the chaTity anticipates it will pay to settle the debi or ihe amount it has received as advanced payments for the goods or services it must provide. Prowsions are measured at the best estimale of th¢ 8rnountS required to settle the obligation. Where the effect ofthe lim¢ y￿￿e of money is material, the provision is based on the pres¢nt Yalue of those amounts, disrounied at ihe pre-lax d&s¢ount rate that reflecls lh¢ risks specific to ihe liability- The unwinding of the discount is recognised within inl¢rest payable nd similar charges. l. I l Financial instruments The charity only has financial wets and financial liabllities of a kind ihat qualify as basic financial instruments. Basic financial Instruments are initially recognised ￿ tran5adion value and subsequently measured at their settlement valu¢ with the exc¢plion of bank loans which are subsequently mthsured ai amortised Cost using th¢ ¢ffeciive Intertsi meth￿. 1.12 Pensions The charity operates a defined contrlbution pension scheme and the pension charge r¢pr¢sents the amounts payabl¢ by th¢ charity to the fund in r¢5[￿ of the year. 1.13 Fund accounting Genernl funds are unrestricted funds which are available for use at the discretion of the Trustees In funherance of the general objectives of the charity and whith have not been d¢signatcd for other PUTP05¢S. Restricted fijnds are funds which are to be used in accordance with specific Testri¢iions im￿}sed by donors or which have been raised by the charity for particular purpises. The cost5 of raising and administering such fijnds are charged against the specific fund. The aim and use of each restricted fijnd is set out in the note5 to the financial statements. 15 Theatre Peckham Annual Report and Accounts For the y¢ar ¢nd¢d 31 March 2022 Noles to the financial statements 2 Income from domatlODS and legaries Restri¢te41 UpTe51rir¢e 2022 2022 T•l412022 and Do••tions Totsl 2021 Donations Donation5 18.522 18.522 18.522 15,127 Arts Council- Core National Lollery National ]Mery- poet￿ unity Jack Petch¢y Foundatx)n- CovKI recovery Jack Pelchey FOUndat￿n- Emergaw r¢sF Jack Peichey Foundai*Jn- Kewitc Jack Pelchey FoundatN)n- Initm Jack P¢trh¢y Foundatx)n- Awa Cockayne FoUnda1￿n Nke L.B. Souihwark L.B. Southwark Proj¢¢ts Sr Savx)urs Charter House- In So Unity Trust Ami Br8$ Gauni Arniourerbra5ier Grcater London AuthoTty- Young Fund Foylcs Foundation Sir John FOundat￿n Garfrkl Weston Ahvays Sported Fowthttyi Arts Council England. CovKI R¢covery Fund Arts Cotsnc￿ En8land- Cake ChuT¢h Urban Furtd Noel Coward FouDdaiA)rt tK)ndon Borough of SouthwaTk- Covid R¢sp)ns¢ IA)ndon Borouth of Southwark- Commvniry F¥Oi#ts tnndon Borouth of Southwark- Black HiS￿ry Morth CCLORS ndon COMM￿nY Rcsp)n5e Lnndon Youth CorrtctK*n London Sw>rt5 and Sat¢llit¢ Cl]b Arts Council- ACE Award5 Theatres Tru Kick Siart Schem¢ Job Retentb)n Scheme Grant 145.554 145,554 10,o(xi 30.0 145,554 10,000 I0.￿Nj 30,( 8,500 15.¢YJ) 3,750 20.865 3.2 7.5¢J) 15.0Th1 3.750 20.865 3.2￿} 7,500 31,500 i.otM) 7,51KI 3.0 62.825 30,orKI 7,5110 62.825 30.OQO 47,867 10.000 25,000 25.((#) 25.0 75.0 66,565 75.OtKI 66.565 150.01 6,162 4,175 15.000 1.250 200 4.013 4,013 50,000 so.000 1,000 1,538 1,000 5,000 5,000 1.5(M) 1.938 1.500 1.938 102,787 10.187 267.529 102.787 373,056 640.585 621,711 373 056 286051 659 107 636 838 16 Theatre Peekham Annual Report and Accounts For the year ended 31 March 2022 N(Aes to th¢ financial statements 3 Imcome from charitable attd trading artivilies Unrestiicted zozz T•tsl 2022 Tot•1 20ZI ChAfitablt Ictivities S¢rvK¢ kvel 8ye¢meNt In house produci&)n txket 5ak5 Box offtce splns Other activities Otl*r ev¢ni fees External workshop fecs Workshop fees and memkrshy f¢es Hoh'day COUT￿$ mast¢r ¢kn Room and equip hwe Services Sundry 31.5 50,484 27,393 2.139 (1.7061 26,475 64.367 31,500 50,484 27.393 2.139 (1,7061 26,475 64.367 i.(K)o 46.561 254 3.960 981 17,468 16.561 254 811 47.597 {I,200) 249 279 249 279 Trnding gctivtiiej Café. bJr and ￿tk tsk￿ Dancewtar M¢rchandi5e and pub]Kai￿￿5 18.31J 1,240 18.313 1.240 870 665 535 4 Direct costs Activities *Thd PTDductions Tot*1 2022 Total 2021 Workshop publtity Markelujg ProductK)ns Pro￿3mMe development Dan¢¢wear and merchandise Tuckshop aTbd bar purchases Examination fees Hire costs Other theatre activiiies Tuior f¢e5 Holllay ¢OUTses and master t￿$SeS Consuhants Stsff expenses Stsff Wages and salaries NaiwJnal insurance Pension cost 15.673 13.090 113.482 66.587 2.230 12.329 15,673 13.090 113.482 66,587 2,230 12,329 4.586 5,743 54,927 88 571 11,985 35,293 57,457 822 22.919 3.088 3.31)0 443,685 25.880 7.475 11.985 35.293 57.457 822 22,919 3,088 3.300 443.685 25.880 7.475 15.185 1 S,640 73.632 408 6.772 1,448 934 208,618 13,066 2,957 835 296 335 296 404 576 17 Theatre Peckham Annual Report and Accounts For the yeaT ended 31 Marth 2022 Notes to the financial statements 5 Covernance cosls Utsrestiieted Fund5 2022 Restritted 2022 Tol*l 2022 Total 2021 Rent Rates Light and heat Repairs and renewak Covid cornp]iance expenses C]eaning Transport and vehKk ¢y4)¢ns¢5 Compuier costs Insurance Hygiene setrvKes Priniin& postage and Stst￿nery Sub5cWions Tekphone Caterng and hospita￿Y Genernl expenses Bank charges Equipmeni Recruitineni se￿￿e charge Loss di%posal of r￿ed assets Prof¢$5K>nal fees Audit f¢¢s DeprecHt￿n of tan&bk ff￿ed assds Amorti5ation of intan￿￿k fixed ¥s$ets Pr()visb)n for doubtful debts 528 23.108 25.588 788 106 528 23.108 30.287 3.029 106 1,239 16,256 39,257 8.184 4.699 2.241 60 4.184 3,7fy1 20,078 ,723 1,943 2.515 97 340 1.317 3.847 8.255 32.326 4.897 4.278 2,342 1,040 ,235 7,938 7.601 728 5.747 3.847 8,255 34,055 7,197 4.278 2,342 1,040 1,235 9,104 7.601 728 5.747 1,730 2.300 5,747 5,403 7,030 38,933 5,403 7.230 38,933 563 3,839 3.924 38.255 599 2.541 200 182 282 194618 162 802 6 Analysls of ¢xpeDditure by type Deprttialion •Dd St•ff Costs Amor1]￿tio• Other Cfjsts 2022 2022 2022 Total 2022 Total 2(121 Charitoble a¢iivi Expendin￿¢ on governance 483.428 351.868 835.296 404.576 162 802 567 378 483 428 1029914 18 Theatre Peekham Annual R¢wirt and Accounts For the year ended 31 March 2022 Notcs to th¢ financial statements 7 Ntl ou¢going T￿o￿T(¢S This is $tat¢d after charging.. 2022 2021 Depreci￿￿1￿ of tangiable fjxed assets Amortsation of in¢an￿1b1e assets Audirors. remuneraiKbn 38,933 563 5,500 38.254 599 4,000 8 Staff eo$ts Stsff Costs for ihe year were as folkn 2022 2021 Wage5 and sa]aries Redundancy payrnents Social security COSIS Oiher pens*)n costs 205.477 3.141 13.066 205,477 3,141 13.066 224641 The average number of emph)yees during the year. caku]ated on the basi% of full lun¢ stsff, was a5 fo]bws'. 2022 2021 Dirett charitabk work 20 12 No empbye¢ was pahl a sa￿ry ￿tr than £60.000. 9 Intangible [￿ed &%sets Website D¢v¢lopmeDt Cost At l April 2021 Addittons Disposals At 31 March 2022 11.912 Amortis•tion l April 2021 Charge for ihe year Eliminated on diqp)sal 31 March 2022 2.533 563 CarryiDg amount At 31 March 2022 At 31 March 2021 19 Theatre Peckham Annual ReFK)rt and Accounts For the year ended 31 March 2022 Noles to the financial statements 10 Tangibk fixed assets FSAt¥Trs aDd TrIttiD Souwd E4uipmtht Comp•t¢r E4uip¥neDt Ikasehold Total Cost l Awil 2021 Addit￿th$ Di5p)sa Ai 31 Morch 2022 395.493 10.846 17.959 7.240 24,176 19.730 457,358 20,082 406.339 19.730 477.440 Depretatio Ai l April 2021 Charge for the year E]imin3i¢d on d$posal Al 31 March 2022 193.500 30.999 14,438 2.277 18,321 2,850 1.015 807 227.274 38,933 16.715 266 207 Canyltsg amo#*t At 31 March 2022 A¢ 31 March 2021 181840 211233 230 084 I l D¢btors 2022 2021 TTade d¢btors Prepayrnents and accrued Income 4,81)0 10.759 12 Creditors 2022 2021 Trade creditors A¢¢n￿lS and defeTred ui¢om¢ Grant in advance Ta￿atIOn and social security. pens*)n Bounce ba¢k loan 19,909 18.316- 20,122 24.131 25.000 6.039 11.761 Credltots du¢ after ¢h•n one year 2022 2021 Bounce back k>an Theatre Peckham Annual Rewrt and Accounls For the year ended 31 March 2022 Notes to the fjnancial statements 13 Statement of fund$ *nskr Ballnce at iuloui Jl Marth 2022 l April 2021 Restricted funds Jack Pelchey Foundat￿n- CovTrJ Rccovery Ja¢k Pti¢hty Foundaiy)n- Emergency Resp Jack P¢tch¢y FoundamD- R¢y)x¢ Ja¢k Pei¢hey FoUnda1￿jb- Intem Pmy*nme Wth¢fitkl Tntst CTh2rter HO￿e. In So Unty Tntyi Arts Cowbcl En@and. A￿ Awards L.B. southwa￿ Projects L.B. SOUth￿1k ProJe¢ts- Positr¥e FwuTes L.B. Southw3Tk Proj¢cts. EmpowYrngCoJntll￿S L.B Southwrt PtoJe¢4s- Black Hthory Month Sir Joho Cass Foundwh)n Church Urkn Fund. Windntsh Drt Arts Cowicfl Enland- Co¥￿ Recovery Arts Councfl Endand. Cake proJEcts Noel Cow¥d Foundatp)n Greakr IA)ndon AuthNty- YO￿SLandOne￿5 Flmd Na￿>￿•1 Lotttry F￿d- Poth¢ Unty NaiNmJl Lottery Fund. AwaT4ts for CockayTre Foundat 1.593 14,644) {17.767) 149 15,1) 3,750 20.865 2.767 3.750 {20,865) 11.186) 17.735) 1856) 11.250) (78) 235 144 1.250 91 4.013 4,013 12.218) 118.2571 1543) 134.4351 194,4301 14.0251 165.0751 15.2391 (2,6351 {2￿) {1801 I1,(￿) 14.5501 (12.5(Kl} 12551 218 11.250 251 57.850 292 75.000 66.565 200 62.825 30.(KKI 98.415 27.865 3.825 30.441 28.191 24.761 7.365 7.300 4,820 ?.5C(I Si Savw)ur5 Foyks FO￿d* Garf*kl We$io way$ Sported Foundath)n Londorb Youth CorTect London SporL5 and S*ellire Club 30.0Th) 25,OtKI 25,450 12,5(KJ 55 1.51K) SLK) IJ5.973 373.056 1302.865) 31.208 217.372 Desi￿at¢￿ funds Zayr Tntsi UnYt$tri¢ted fMD+Js Gener8J fimds 315 150 431 123 128955 346 327 945 118 1029914 14 An*lysis of net assets betwttn fund5 Ama1￿15 oln¢t thehYttD fund5 Unrestsicltd Rtsirititd F￿thd$ 2022 F¥nd$ 2022 Toi&l Funds 2022 Inian@bl¢ fvd asst15 TanBl>lE fiKcd assets Ctsrrtni assets CTediior5 du¢ wnhin on¢ ytar Creditors due after more than one yt4 8.816 211.233 1.392 159,9861 8.816 21 1,233 218,764 159.9861 217,372 28 955 346 327 21 Thealre Peckham Annual Rew)rt and Accounts For the year ended 31 March 2022 Notes to the financial statements IS Trustees expenses The following transaction5 (KCUTred with known relaied parti￿ during the financial year.. D Richards ITrustttl - direct re1MbuT￿ment of ¢xpenses ithalling £22.40 A Li [Trusiee]- T¢¢eiv¢d a leaving gift from charity to the value of £100 J Reeves tTruste¢] - re¢eiv¢d a Ivdving gift from charity to the value of £100 S Whitey Low [TnJstee]- received a leaving gift from ¢lwity to lh¢ value of £1 SO 16 Taxation The charitable company is exempt from corprntion tax as all its income 15 charitsble and is appli¢d for charitable purp)ses. 17 Pension commitments The followin8 Emyments were made to the company pension 5themes in the y¢or: 2022 2021 Defined Contribution S¢heme 16.467 2.957 No payments were outstanding at the year end. 18 Restricted funds Greaier London Auihority. Youn8 Londoners Fund- A 3 year ￿ndIng ¥gre¢m¢ni to supN)rt young people at risk of going into crime. Also to sUp￿rt FX)5itive futyres and ￿)sItive transition programmes. Arts Council Covid Recovery Fund- Covid Recovery Fund- Grant to support a Kaled back re-opening of Theatre Peckham from September 2020 to provide ¢ss¢niial suprrf>rt for a community hard hit by Covid-19. Foyles Foundation- A grant to supwrt the Rep Company {17-25) running acro$s 2022, which consisted of weekty tsaining and masterclass and a final perfonnance in Nov¢mkr 2022. G#rfi¢ld W¢$ion- Core funding for 2 yeays to siipport Theatre Peckjjam in E*coming financially viable and build on strdtegy across 2 years. 19 Fund tr*nsftrs The following fund transfer have been made during the yeaT: From unremricted fijnds to the Jack Petchey Foundation- Emergency Respons¢ fvnd for £2.767. This transfer ha5 been made 10 5upplemeni a small deficii on the restrided fund. From unrestricted hn(ts to the L.B. Southwark Projttts - Black Hislory Month fur)d for £218. This tratL8fer has b¢¢n made to supplement a small deficit on the restricted fund. Theatre Peekham Annual Report and Accounts For the year ended 31 March 2022 Noles lo the financial statements From unrestri¢ted funds to th¢ Sit John Cass Foundation fund for £7. This trartsfer has been made to supplement a small deficit on the restricted fund. From unr¢strirt¢d funds to the Church Urban Fund- Windru5h Dream fund for £292. This transfer has been made io supplement a small deficit on the Te5tricted fund. From unrestricted funds to the ATts Coun¢il England- Cake projects fund for £27.865. This transfer has been made lo supplement a large deficil Ort the restricted fund. From unrestricted fimds to the Si SaviouT5 fund for £4. This transfer h&s been made to supplemenl a small deficit on the restricted fund. From unrestricted funds to the Always Sported Foundalion fithd for £55. This transfer has been made to supplement a small deficit on the restricted fund. 20 Related party trans#ctions No ir4nsa¢tions occurred with known related parties dwing the financial year. There were no outstanding balar￿eS with any known related pgrties ai the year end. 21 Limited liability The Trustees of the ¢ompany guarante¢ to contribute an amount nol exceeding £1 to the assets of the charity in the event of winding up. 22 Other profe&si0oal services provided by th¢ *wditOT5 In common with many other entities of ihe ¢harity size and natur¢ ihey use their auditors lo ossi$i with the preparktion of the financial statements. 23 Operatirt% Itase eoDhmitments At 31 March 2022 the ¢(Mnpany was committed to making the following payments 4Ender nonthcancellable operaiing l¢as¢$= 2022 2021 Payments due 6,991 13.980 23 Theatre Peckham Annual Rewrt and Accounts For the year ended 31 Marth 2022 Notes to the fmancial statements 24 Deferred income Income of £J2,193 (2021.. £36.330) has t¢en defe￿￿ either to match the Feriod of ternis on the grant do¢umenlation or th¢ terms of the invoices. for the followin8= Garfield Weston Grant £25,1)00 £7.193 Venue hire and other income Income of £36,J30 w45 relea5¢d in th¢ current ￿riod. 25 Reeonciliation of net ineomel(expendi¢ure) to nel cash flow from •pergtillg activities 2022 2021 Ntt In¢omel(¢xp¢nditsv¢) forthe reporting period Adjustments for-. Depreciaits)n charges AmonisaiKJn charges (In¢reaseyde¢rease in debtors In¢reaseJ(de¢r¢ase} in treditors Net Cash prnvided by (used An) optrntint aetivldes (84.796) 163.191 38,933 563 (24,255) 25,307 94,862 38.254 599 110.613) 15.539 206.970 26 Analysis of cash *nd casb equiv#lents 2022 202] Cash hand Total ca5b and eash tquivaltnts 140,992 140.992 263.435 263,435 24