Registered number: 02016836 Charlty number.. 294399 THEATRE PECKHAM (A Company Limited by Guarantee) AUDITED FINANCtAL STATEMENfs FOR THE YEAR ENDED 31 MARCH 2024
Theatre Peckha Annual Report and Accounts For th¢ year end¢d 31 March 2024 Company Inforn)ation TnLslees Dr A Domingo- Chair A Gald0 S¢rrato D W R Richards N Brown J Akinwande G Broomes Gmin O Oy¢leye M Prenderg&8t A Chakrapani- appointed 25 June 2024 A Harris- appointed 25 Jun¢ 2024 R Jean-Pi¢rr¢- appointed 25 Jun¢ 2024 L Whiteway- appointed 25 June 2024 Cotnpany registered numb¢r 02016836 Ch8rity registered number 294399 Regist¢r¢d office Theatre Peckhatn 221 Havil Street London SE5 7SB Company secretary Miss A Hubbard Chief executive officer Ms S McLean Ind¢pend¢nt examiners Simpson Wrcford LLP Wellesley House Duke of Wellington Av¢nue Royal Arsenal London SE18 6SS Bankers Lloyds Bank plc 34 Moorgate London EC2R 6PL
Theatre Peekbam Annual Report and A¢¢ounts For the year cnded 31 Mar¢h 2024 Contcnls Trustees, report Independent auditors report 9-12 Aounts cornprising.. Ststement of financial 8¢¢tivilies 13 Balathce sheet 14 Statement of cash flows 15 Notes to the accounts 16-27
Theatre Peckham Anllual Report and Accounts For the year ended 31 March 2024 Trustees, Report The Trusltts ofTheatre Peckhaln are delighted to present their annual report with the audiled fancIal statements of th¢ company the year ended 31 March 2024. The Trustees confm that the Annual Report and fanCIal statements of the company c¢)mply with the current slarutory requirements. the requirerneDt of the company's governing document and the provisions of the Siaternent of Recommended Practi (SORP), applicable to charÉties preparing their accounts ill awordance with th¢ Finattcial Reporting SLThdard applicable in th¢ UK and Republic of Ireland {FRS 10 2) as amellded by Update Bulletin I. Ob ectiYe5 and Activiti The charity's principal object, as detsiled in the Memorandum and Articles of Asso¢iotion, w85 Utdated ¢)n 25th June 2024 to Tefle¢t the organisation's growth and development The putpose is to advance educatioTh for the pub]ic benefit through the promotion of the rOr]ntg arts, in particularby widening the public'5 acce5S to the perforniing art5, in so doing, fostertng gTeat¢r ¢reativiry and inclusivity ' society. Witb this update the Tru5tee5 also updated the Memorandum of Articles to b¢ more a¢¢essible and illclusxve. Through the power of theatre, we illurninate young voi¢e5, developing skn.lls and oppcthnities to platforn) excellent creatives who are locally focused with a national and internatiolkal vision. At our South London h¢)Jne, we conllnit to developing new wtiting and performance focusing on youngtalenL rqjzesentative of LoDdon'5 cornmuDity. (lur Vision and Missio We ar¢ building a genuinely representative and inclusive society wher¢ everyone Can particivdte i lead, work in, and enjoy creaiivty and culture. Theatre Peckham is a learning theatre that is built to champion artistic excellence and s181 change f young people And our hyper-lo¢al community. Alongside the perforne¢S on our stage. we provide a voi¢< a platfomi, and opportunities for young people from undenYpre5ented backgrounds to reali5e their potential and thrive in professional envtronment5, creative and otherwise. Founded over 38 years ago, we are ambitiow, we are brave. and we inspire all those who come through our door5. Our Organisation Yalues reflected in everytbiDg we do. Theatre Peckham values: R¢pres¢ntatiott Collaboration Innovation Ambition Relationships New id¢8s, N¢w stories and New parknerships are rnad¢ in Theatre Pe¢kham. By championing youn& underr¢wesented voices, we are opening the gai¢s for perforniers attd technicians to enter the creative industries. (Ortning lrfelong relationships with participant5. audiences, and parth¢r organisations. In doing so, Theatre Peckham leads the rhan8e that 15 infiuencing our $e¢ior. Res)$e to the C05t of Living crisis Following the challeng¢s overth¢ past few years we tmve worked diligently to continue sumjortittg our ¢otlltnuTLity by providing affordable artistic 0ppDrtL1tje5 whi15t r¢maining fmattcially stable. We secured multi year fundillg to support the continuation of Young Peckha enabling us to d¢liver all actlvity for 17-29 year olds for free. We have dedicated fun(traising effort5 to supporting the Academy including growing individual giving to fund discountEd place5 and raise awareness ot opptirtunitie5 available to young people. The development of long terni reiattonships are $tarting io flourish with tlle ejnergence of new strong partnerships including Sweet Cherry Publishing, Piloi Theatre and Words of
Theatre Peckham Annual ReE¥)rt and A¢¢ounts For the year ended 31 March 2024 Truslees, Report Colour enablins us to increase our outreach and develop relation5hip5 with schools. We have work¢d to rcduce expenditure and increase our ijjcome which h&5 been successful in enablitig us to beginbuilding back ow reserves. This was 5igtLificantly supported by the in¢r¢ase in Hire inco]ne through the up¢ake of Canada Wat¢r Library Theatre. The additional venue has enobled us to provide free rehearsal space to Southwark based ¢r¢atives, work with conllnunity parttlers and generate income wbich enables us to continue deliverins the plethora of opportuniti¢s for the comrnunity. Our 2023- 2024 Our A¢ademy provided 410 young pcople with 919 classes in dance, singin8, aciin& music productkon, backstage and steel pans Througb Young Pe¢kham we provided 7931 hours of fr¢¢ training to ready young peoplE t enterth¢ creative industrics 235 ¢hildren and young people attcnded across multiplc proj¢ct5 overthe course of tbe year We platfomied 89 early-¢ar¢¢r CTeative5 ad perforniers through our Young Gifted aud Black Season and Peckham Fringe Festiv&l. Over 1500 hyperlocal residents receEved heavily discounted tickets to our thows througb our PeckbaD] Local off¢r 125 perforn)c¢S a¢ross 33 Shows took place on our stag¢ We engaged over 17,200people as audience5, Participants, Yolunte¢rs, employees alld creatives This year, Theatre Peckham has been recognised formultiplt awdS showing our dedicatiott as a venue to the arts. yOUDg peop1¢5 trdining and the community. Honoured with the Mayor olsoutbwark's DiscretioDary Award 2024 Winllers of the Music & Drama Educalion Awards for EXCELLENCE IN ffflJsicAL THEATRE 2024 Winn¢rs of the London & South Fast Prestige Award for CULTURAL VENUE OF THE YEAR 21123124 WiTJDers of the UK Ent¢Tprise Award for BEST PERFORMING ARTS VENUE 2023 - South Et London Jn addition OUT CEO and Artistic Director, Suzann McLean was recognised in the Kings Birthday H¢)nollrs list and received an MBE in recognition of her services io the arts and ber committnent to widen18 access for young people fr(*n rnarginalised backgrounds to participate and lead in the art5. "SuzaJ)n's efforts to Intr1Ce young people to iheatre have ell transforniative. Through her leadership, young people frorn llkarginth"s¢d background5 have been given a platforni to tell their own stories-storie5 that are often und¢rrepre5¢tLted io the arts. Thi5 recogniiion is well-deserved and we are proud to have Suzann as our leader at Theatre Peckham." _ Anni Domingo. Cbair of Theatre Pecklwn Theatre Peckham Acadtmy and Young PeckhA Our principal activiry is a core training prograttlltte thai is divided illto ow Acaderny and Y¢)ung Peckbam Progran]rne. Our Academy for 3-16 years, provide5 young p¢ople with their f5¢ tsste of the arts througb weekly 31 perfor]ning arts CQW5e5 running weekly con¢urrent with school tenns including ading, musical th¢atre. ItLU5iC production, teclmical theatre and a variety of dallce Classes. 84•/o ofmembers were from Southwark 354 members
Theatre Peckbam Annual R¢port and Accounts For the year ended 31 March 2024 Tnet5, R¢port 9 Djtors, 5 assistants 8md over 40 worf( placemenvvolunteers supporting the Academy 30/• received fee support enabling children from low income families to a¢cess ans trainiDg Our annual showcase. Si(7r.¥ of Peckham, brought together the Academy groups with 5 curated productions inspired by the theme Our Bold World. Eacb child perfomied in our 200-seat theatre and was rewarded with a certificate recogni5ing theit £ffortS thtough the yrat. 840/0 of A¢ademy members feli proud of themselves after performing on our Stage with D]any receIvu fli)wers and praise from their friend5 alld family. Our Young Peckbam Programme for 17-25 yvar old's provided six core programmes focused trainingyoungpeopl¢ as eatives, in acting, in producing and GovemaTLce. This progrdmme is designed to support yQUDg p¢ople wiw are interested in pursuing careers in the arts. 94 young peopl¢ ¢ngaged acr055 100 sessioJL8 with training in acting. pr(x4uting and b¢conJing a well4ounded creative. Illuminate Originate Rep Company Sken Word Theatre Young Prodllcers Young Actors Company Young Arnb&85adors training offered tangible opportullities. knowledge shating and relationship building whicb supported yOUDg pwple to build a strong foundation for their career. Youtjg Peckham provid¢d young people with the starting blocks to fi>rni a Career, with 87/0 of Yowig Peckham M¢tllbers 5harillg they felt more confident iti pursuin8 a career iTr the art5 after participatsng in the programme. "Myfip.fl crediil l in so hoppy rigkn w. Dreomi of being an actorfor 50 long. For one night we were oll one. Don i lei ihe Opinio ofoihers gEt in lhe way ofyow dream¥, infactprove ihem Ivrong.- Tbtatre Pecltham Performance5 by young people Every child had the opportuniry fora live perfoman¢e on ourstag¢. and in the local cornrnunity, sharin8 and show¢asing their talent to frien¢ls and family audaence5. In 202312024 our young people led and erfornied in.. NT Connections Mar- 23 Originaie show case. JL-23 Young Drealns in Faerie Jul- The Farni, Nov-23 NT Connections Mar- 24 Rapte] De¢•23 Let the Music Pl&y Jlll- 23 R¢yan's River Jul-23 Rep Company Showcase, June-23 Pri)duce Words Left Un5ai& JUD-23 t-23 Health Habits Jul-23 Thi5 15 Me Jul-23 oken Words Fe24 We also have our mtsntbiy poety foyer ev¢nts which provid¢ opwrtunities for young people and artists to fonD S okcn word. Poety Foyer.. Love Poety Foyer.. lett to and Lust Apr-23 my younger self Jul-23 P(kety Foyer- things that Make u5, (kt-23 Poety Foyer Moods Melodies. Nov-23 Poety Foyer Mover5 and Shakers Feb-24 Poety Foy¢r- Pe¢kbam Frillge Editio Ma - 23 Poety Foyer- Cbosen Family Edition, J- 23 Poetty Foyer- Swnmer edition Allg-24 Poetry Foy¢r- Womxn'5 Dhy EditiOtI Mar-24 Poety Foyer New Beginnings. Sept- 23 Poety Foyer -New YearNew Fit, lan-24
Theatre Peckham Annual Report and Accounts For the year ended 31 March 2024 Ttee5. Report We also programmed shows throllgh our Festival and Season which were written and perfomied by young people from our trdinin8 programm¢s. P¢¢kh8m Fringe l Lovt Arting But F the Industy, May-23 Ribbon Around the Bomb May-23 The GambiL Jun-23 Youllg Gifted alld Black l Lov¢ A¢ting But F the Industy, Oct-23 Theatre Peckhsm Future leaders TraiDing is offered to young adults, schools and college pupils who Tnake use of OUT work experienee schce alld University and drama schoob knve Theatre Peckham top on tbeir list for placement opport1ltie5 Technical Theatre, Producing, Stage ManagemenL Facili¢ating and Admillistration. Ai the end of plaCe¢ts we See allY yOUTL8 people continuing to volunteer or step in to paid roles particularty with 5UPPOrtin8 our productions and Academy progr¢. We have dev¢loped our pathway into employnent through the Futhre L¢ad¢rs programrne which provides young people with the skills and experience w understhnd the industy and the different job roles available to them. This is highlighted by our Annual Conference Theatre Workswhich provided young peopl¢with workshops, panel discussioDS and drop ij) s¢ssions witb a range of professionab inthe industy. Theatre Petkham Partnerships and Hires W¢ ho$t¢d a wide variety of hires for perfomiartcel pri>du¢tion work aDd community focused events which resonate with our tar ei audience. These are listed below. AAT l Hello Brave 33 Produtor¢5 Im act on Urban H¢alth Active communities TTC Avalon K&8ia Witeck BBC Kin dom Relations Black Cultural ArchiYe5 Lewisham Youth Theatre Black Stork Media Matantha Church Brid e the G SMdi05 Metro olitan Police BYMT Mountview Calnbenvell Socie No fable Produ¢tions Centrdli5tas Collunurtit TV Trusi Creative Minis DNPA Freedom Academ Fusion de Pueblos Golden Toad Theatre Grace Church Greenwich le 5 Comet Ramb¢rt RazyaMatta Hackn¢ Roll Ji Crcation5 RTPI South London Youth Theatr¢ Southwark Colln¢il Southwark Refu ee Forum St Giles Trnst Subterranea Brittanica Sweet Che TaVava Dance Thames reach The Old Vic Theatre Ameth Theatre Celltre Peckha Settlement Pilot theatre Pilot Theatre Poetic Uni Power the Fi ht Primary Shakes RADA eare com any Words of Colour Youn and Talented Our pi*ns for the future fall iThto three c&tegories'. Support2ng the growth of a more representative secr¢x, Providing opportwiiiies for people from the widert backgrounlts to gei inio th¢atre atLd the cr¢aiiv¢ sector. Continuitig to champion a festival approach to prOgrd[ng, attrxting the wi(k5t ratlge of audiences amd participants through our broad offer. EnswiJ)g a bright future. diversifying yncoffte streams and prioritisitL8 our ongoing flnancial viability.
Theatre Peckham Annual Report and Accounts For the year ended 31 March 2024 Trustees, Report Financial review The ycat ¢nd¢d 31 March 2024 has betn anoth¢T challenging rwi)rtittg Period financially. MaintainllJ8 ati artistilYchI1lettg1tig and iDnovativ¢ prograttunc is expensive andeostshave hlld to bccartfully managed. Grgnt come and box otricc takings have stnJggl¢d to keep up. How¢v¢r we art pleased io Teport a small 5UTplus of £24,462. Unr¢strict¢d Teserves as at 31 March 2024 of £131,420 are less than ideal but Bre showing T¢5ili¢uGe and the cash posltlon is a great deal stronEer than the March 2023 balance. Th¢ Finance Committee and the widcr BoaTd arc mind1 of thesc continuing thalleno¢s and ensuring thai exisling resourccs are spent wisely 7d costs arc contsined. We cotLtinue io ndraise vigorously and are lookingtomlMi5e takingsfrom froThtof house activities while maintaining x valu¢ for money ethos. W¢ ate grateful to all out funders and aTe particularty thatthflll to our CEO and Fin8n¢¢t¢am forensuring our continu¢d resi11¢¢ into the n¢w fintRi year. Prineipal funding sourets We would like to thank all the generous donations ond grants from all our sw?porttrs. A d¢tsiled list of all gTant5 and our grant giving bodies is given in Note 2 to the accounts on page 16. Res¢rves pollcy The Th]stee5 5ball'. Build up Teserves until they Tepresent an amount equal to an average 3 monih's numing costs based on the prior year's fit)arLCLal stat¢m¢nts. Reserve5 may only be held in cash or near cash equivaknts with reco8nised and regulated UK institutions with a ¢r¢dit rating of A oy greater. While the Tryst¢¢s al1tberS of the Board seek io maximi5e retLrnS on inv¢5tments held as reserves. this should not result in most of ihe reserves becoming illiquid and in accessible in the event of an emergency, therefore at least 51 /0 of the reserves should be in51ant a¢¢ess and tbe rest subject to notice not exceediDg 3 rnonths. Reserves may ollly be utilised when the finance committee recomm¢nds to the Booxd thot such use is appropriate, and the BoaTd agrees by majority vote off a quorate Board eeting. Reserves may on]y fall below the level specified when the FiDance Committee reMMe1Ls to the Board that such use is appropriate. and th¢ Board agrees by JOrIty vote off a quorate Board meeting. It hks bttn difficult to maiutain resetryes at a po]icy level through the year. However the Board has to trade off the need for fll)ancial re5iii¢nre against thc social impact of ¢e3sing PToductiot)s &nd projeLts through lack of fimditig. The Theatre's user5 are often the vsct5ms of incowistenl 5UPPOrt and pr¢s¢n¢¢ in th¢ir lives. Our goal is to be a sustsined and CLmsisteni voice Orho and inierest in their lÈves. The Inle¢S seek to ensure sufficient unr¢styicted fi]nding is available to rnaintaiti the flliancial resiLiellce of the Theatre but will aim to maintain projects and progratns where funding h&s been cui alld we are acting lo secure further funding for tb¢ project or more widely, the ThEatst. Going concern After making appropriate enquirics, the trustees have a reasonable expectstion that the clmrity hys adequate resources io ¢ontinu¢ in operational existence for thc foreseeable future. For this reason, they ¢ontinll¢ to adopt tbe goiJ)g ¢¢Jncern basis preparing the f]Dallcial statements. FurtheT details rewding the adoption of the going Concern b&sis caD bE found in the AccountULg Poli¢ies. trutture Dver nce and mana eTnent Collstitution The charity is registered &8 a charitable company lirnited by guarantee. Th¢ Charitie5 re8iSter¢d office is 221 Hawl Street, LdOn, SE5 7SB.
Theatre Peckham Annual Report and A¢¢ounis For the year ended 31 March 2024 Trustees, Report The clwity is constituted under a Memorandum of Associaiioll dated 2 May 1986 and is a registered Gharity DubeE 294399 ill England ond Wales. Method of appoilltment or tlection of Truste The mallagement of the charity is the responsibility of the Trustees who are eleded and COpted und the t¢nlls (Trf the Articles of Association. The tru5tre5 who served duritL8 the 2023f24 year were: A Domingo A Garrido Scrrato D W R Richards E l McKay- resigned 25 sle 2024 G Broojnes G Min- appointed 9 October 2023 J Akinwan(k M D Prellder8a5t N Brown O Oyel¢ye R J Presttsn- resigned 25 June 2024 S L l M8nyonda- resigned 25 Jwie 2024 Approaeb #nd recruitment of Tru5tee5 In October 2023 th¢y also recwited Gwaowoo Mill from Theatre P¢cklMTll'5 Young AbasS progrdtllme. Our Nom2n8ttons Committee successfully r¢cruited 4 Tru5te¢s who will start ill tbe year 2024-25,. Amari Harris, Anou5hka Chak7apani, Lucy Ev3aJ5, Roch Jean Pierre. Inclusivity is at th¢ forefront of recruitment proce$s¢s to ¢nsure the B¢)ard ¢ontinues (o r¢f]¢¢t the diveTsity of our ommunity and young people and we are proLsdthat Board reflectstherich divcrsity of ourmembers. Org*DisatioDal strncture and decision making The Board of Trnstees meet every three months. ormore frequently Af requtre w considerreports from the S¢Dtor Managemenl Team. monitor financial progress, agree budgets, and ¢onsider Éssu¢s of strategi¢ importance. The Trustees delegate the day-to4ay management of th¢ d)arity to the Ex¢¢utiv¢ and Artistic Director, SuLqnn MclLall. The B0d currently has five sub-committees.. Programming, Finance, Patrons, Nominalions and PR d CommvtLiotiims. The ¢ommitte45 m¢et needed and rew)rt pmceedings to the full Board. RL%k maDagemeDt The Ttwte¢s and njembers of the maDag¢m¢nt committee review the tDajor1i5k5 which the charity faces on a regular basis using the risk regist¢r. They are nmitted to continuing to increase r¢s¢rv¢s, ¢ombin¢d with an annual review of the controls over key finaTkc5al system5. to provide sufficient resoue9 the light of adverse colldilions. The Trustees and m¢miS of the nwagem¢nt committ¢¢ have also examined other operational and business risks faced by ihe Charity and co1M thai they have established sy5tell to miligate tbe significant risks.
Theatre Peckham Annual Report and Accounts For th¢ year ended 31 March 2024 Tnle¢s, Report Trustees, resiKbDsibilities statement The Tnte¢S (who ar¢ a]so directors of Theatre Peckha for the purtx)5es of company law) are responsible for preparing the Trustees, ReFX>rt and the fmancial ststem¢nts in accordanc¢ with applicable law and United Kingdom Accountll)g StaTLdards IUnit¢d Kin8doJn Generally Arcepted Accountin8 Practice). Cornpally law requires the TNstees to prepar¢ financial statem¢t)ts for eacb fllwicial year. Under ompany law the Trustees must not approve the fancial St¢ents unless they are sati5fi¢d that they give a trne alld fair view ofthe state of affairs of the charitable company and of the inco]ning resources and application of resources, including the InMe and expet)ditur¢, of the ¢haritsbl¢ ¢(xnpany for that period. Jn preparing these fmancial ststements, the TrLL%tees aye rel)red to.. select suitable aclln1]ng policies and then apply them consistently. obsetve the rnetho¢ls and principles in the Charit1¢5 SORP. make judgn¢nts and accounting estimates that are reasonable and prndent" stste whether applicable accouDting standards have been follow¢4 sUbJt to aoy matsriai departeS disc105ed amd explained in the fman¢ial statements. and prepare the fmancial statements onthe going concernbasis wiless it is inappropriate topresume that the charitable mpatty will continue in operation. The Tnle¢S are r¢sponsible for keeping adequate accounting recor¢ls that are sufficient to show and ¢xp]aiD the clwitable compang5 trasaCtionS and disc105e with reasonable accacY at any lime the r]nancial positiorL of the charitable eompany alld enable them to eDsure that the fuwicial statements cOpIY with the Th)mpaDie5 Act 2006. They aTe also responsible for safegudIllg the a58ets of the ctwitsbl¢ company and hence fortaking reasonable step5 for the prevention and detection of fraud and othtt irregularities. The Trustees are responsibl¢ for tbe maillteDance and integrity of th¢ corporate and fmancial infonnation included on the ¢haritable cotllpany's website. Legislation in the United Kin8do governingthe prepardtion aud dissemination of f]nancial statem¢nts may differ from legislation in other jurisdirtions. Ind¢p¢DdeDt 8uditor# Simpson Wreford LLP.. were appointed as Indep¢nd¢Dt Auditors during the y¢ar and have exwessed their willingness to ¢ontinue in that capacity. The truste¢5 have cotnplied withtbeir duty in section 17 of the Charili¢5 Art 2011 to have due regard to the publi¢ benefit guidance pub]ished by the Clrity Conllnission. Siglledon behalf of TThstees on 12 DecetllF£r 2024 nlDofflln8DIDei V.2 Dr A Don)ingo, Chair Trustee
Theatre Peckham Annu R¢port and A¥¢ounts For the year ended 31 March 2024 IndeFendent Auditor's Report the members of Theatre Peckhatn OplDlon We have audiitd the fuwicial sratements of Theatre Peckham (the"Charity') for tb¢ yeax ended 31 Marc 2024which comprise the Statement of FinancialActivities, Balance SheeL Casb Flow Statement and notes to the fllwiciai 5taterncnls. including a summary of Significant accounting lI¢1¢S. The f]nan¢ial reporting fromework that has been applicd in their preparation is appli¢abl¢ law and United Kingdom Accounting StsTLdards. ill¢luding Financial Reporttng Siandard 102.. The Financial Reporting Standard applicable i the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). Ill our opiniotj, the finan¢ial stat¢m¢nts'. give a true and fair view of the State of the Charity's affaws a5 at 31 March 2024 and of its incoming r¢source5 a[ application of re50urce5 for the year then ended- have been properly prepared ID xcordance with United Kingdom G¢n¢rally Accepted Ac¢ounting Practice have been prepared in aCcdance with the requirements of th¢ Chariti45 Act20I I. have been Ewared in accordance with the requireJDents of the Compallies Ad 2006. Basis for opinio W¢ ¢¢)nducted our audit in accordance with Intern*ional Standards on Auditing (UK) (ISAs IUK)) and applicable law. Our responsibilitj¢s under those standanls are fiher described in the Auditotrs responsibilities for the audii of (he fAtwicial stst¢m¢nts se¢tioD of our r¢port. We are independent of tbe haritabl¢ ¢¢)mpany in accordallce witb the ethical I¢qUiTements that are r¢levani to our audit of the r]Dancial state¢ts ID th¢ UK, including the FRC'S Ethical Standard, aTLd we have fiiifilled ow other ethical responsibilities in accordance with tht5e requTrements. We btlievc that the audit evidence we have obtained is sufficient and appropriat¢ to provide a b&%is for ouropinion. Conclll5ions relating to going coDcerD Jn auditing the fancial statemenis, we have cottcluded that the trnst¢es' use of the going concern basis of attoutttitig in tbe preparation of the fjnaneial sLatemeDts is appropriate. Bas¢don the work w¢ have pcrfornjed, we hav¢ not identifi¢d any material unccrtainties relatingto events or condition5 thAt, indiyiduajly or collectively, may c&%t signifi¢anidoubt onthe Theatre PeckhattL'S abi]ity to c¢)ntinue a5 a going concem for a period of at l¢ast 12 months from when the fllwAciai statemellts are authorise41 for issue. OUT Tesp)nsibilitie5 and the responsibilities of the Ite¢S with respect to going concern aTe dtseribed i the relevant s¢¢tions of this report. Other illform8tion 11]e other inforn)ation ¢omprise5 Ihc infornhation iDcluded in the annual report, including the trnste¢s' Teporl other than the ftharteial staiemeDts and our auditor's report ther¢on. Tht tnte¢S are responsible for the other inforniation contained within the annual report. OUT (winion on the fiDancial statem¢llts does not tover the other illform&ion an excetA to thc extent otherwise explicltly stated in our reiM)ti we do not expr¢ss ally form of assurance conclusion thereon. OurTr$trf)nsibility 15 to readthe other infomiation an& in doing so, considerwheth¢rthe i)ther infomiation is n)ateria]ly in¢onsist¢nt wKth the fmancial ststements or our knowledge obtailled in the course of the audil or otherwise appears w be materially misstateiL If we identify such Matla1 iD¢QDSiStencic5 or
Theatre Peckham Annual Report and A¢¢ounts For the year end¢d 31 March 2024 IndependeT)t Auditor's Report to the members of Theatre Peckbam apparent material mi5Statements. we a required to detemiine whether tbis gives rise to a rnat¢rial mtsstatemellt in the fJnall¢ial staternents the5¢]ve$. If, bas¢d on th¢ work we have perfornktd, we conclude that there is a material misstat¢meDL of this other itifomiatim w¢ are required to report that fact. We have nothing to report this regard. Opilliott$ other matters prescribed by the Companies Act 21Mb6 In our opinion, based on the work undertaken in the COUT5e of the audit.. the it)formationgiven in thetnL8iees' Jrportforthe fan¢1 year forwhi¢h the fjnallcial statement5 are prepared is ¢onSlSltnt with the financial ststements,. Jnd the trtee5, rwrt IRS be¢J) prepared in accordance with applicable legal rquiTemeDts. M8tt¢rs on whith we are required to report by exception tn the ligbt of th¢ knowledge and understanding of the Charity a[ its environment obttined in the course of the audiL we have not identified material misstatements in the Trustees, Annual Report. We have nothing to report in respect of the following rnatttr5 in relatiOD lowhicb the COPaleS Art 2006 requires us to report to you if, in our opinion: Jdequatc accounting records have not been kept or returns adequate for our audit have not been r¢¢¢ived from branches not visited by u5,. the finaTLcial statements are not in agreement with the accounting records al rekn,. certain disclosures of trustees, remuneration specified by law are not made. or we hay¢ nol obtained alltbe inforniation a[ explanations nece55ary forthe purposes of our audit. Responsibilities of the tTUStees As explained more fully in the tru3t¢es' r¢sponsibiliti¢5 Statement s¢t out on page 8 the IteeS aTe responsible for the pjtparation of the f]nanria] state]nents and for being satisfied that th¢y give a true alld fairvi¢w, and for such internal colltrol asthey deterrnine is necessary to enable the preparationof financial 5tate]nents that are free from material misstatement. whether due to fraud or error. In preparing the financial 5tatemetts. the trteeS are responsible for as5e5sing the Charity's ability to contitiueas agoing concern. disclosing, applicable. matters relatedto going eoncem and usingth¢going concern basis of accountingwdess the lrnstees ¢ither int¢ndto liquidate the Charity orto cease ¢)p¢rntiODS, or have no r¢8listi¢ aliernaiive but to do so. Our responsibilities for the audit of the finAncial statements Our objectives are to obtsin reasonable assurance about wheth¢r the fJnan¢ial $thtements as a whole are free from material misslatem¢nt, whetherdue to fraudor etror, and to issue an auditolsrepDrtttMt includes ow opinion. Reasonable assLtrance is a high level of assllrance, but ES not a guarantee an audit conducted in accordattee with ISAS (UK) will ahvays dde¢t a material misstatement wben it exists. Mtsstatrmenl5 caD arisr fro fraud or eTh>rand are coLsidered material if, individually or in the aggr¢gat¢. they couldre&80nably be cxpected to influence th¢ economic decisions of users taken on the basis of these fu)ancial stattments. A fijrther description of our responsibilities for the audit of ih¢ financial statements is located on the Fillancial Reportill8 Council's website at.. [www.frc.org.ukJauditorsresponsibilities]. This description fornis part of our auditor's rert. 10
Theatre Peckham Annual R¢port and Accounts For the year ended 31 March 2024 Independent Auditor's Report to the members of TL]e9Ére Peckham Extent to which the audit wa$ tODsidered tap•bl¢ of detecting irregularities including fraud the engagement partner ensu1 that the engagesn¢nt team collectively had the appropriate competence, capabilitie5 alld skills to identify or recognis¢ non-cornpiianre with applicable laws and regulatii)lJS,' we identifiedthe lawsandregulations applicable to the companythrough discussions withtrustees attd othw manage¢l and from our commercial luiowledge and experie¢ of the social care we foSed on specific laws and regulations which we coDsideted may have a direct material effect on the flnancsal statements or ihe operations of the colllpany. including the Companies Act 2006, data prote¢tion and the Charities Act 201 I; we as5ess¢d the extent of compliance with the law5 a[ re8ulations identified above through making enquiries of managem¢nt and inspecting legal corre5pottden¢e' aDd identified laws and regulations were communicated within the audit tew regularty and th¢ tealn remain¢d alert to instances of non-cornpliamce throughout the audit. Audlt response to risk5 identified We assessed the susceptibiliry of the charities. fu)ancial statements to material Jnisstst¢ment, including obtaining an unthTStanding of how fraud might occur. by.. making cnquiries of managetnent as lo wherethey ¢onsid¢redtheTe was susceptibilityto fraud, their knowledge of aCttl, suspected and alleged fraud,. and on5idering the internal controls iti place to miiigate risks of fraud and non-compliance with law5 and regulations. To addtes5 the risk of fraud through rnanagee bias aDd override of WDtro15, W¢.. perfonned analytical procedures to identify any unwllal or unexpect¢d relatiOTJships' tested joumal entries to idelltify unusual trallsaciions; &S5¢ssed whether judgements and assumptions made in detemiining lh¢ acCoUting ¢$titnates set oul in Note I were indicative of potential bia5,' and illvestigat¢d the rationale behind significanl or unusual transactions. ID response to the risk of irregularitie5 and non-compliance with laws alld regulatioll& we d¢5igned pro¢edures whi¢b included, but were not limited to.. agreeing f]Dallcial statement di5¢1osures to urjderlying 511PPOrting docurnentation and. enqutring of management as to actual and potetrtial litigalioll and clatins. reviEwing correspondence with The Charity CoTnmission. There aro inherent limitsti¢)ns ill our audit procedures described above. The more r¢moved that laws atsd regulatioDS are fro fman¢ial transadions, the less likely it is thai we would become aware of nort- omplian¢e. Auditing standards also limit the audit proceduTes required io identlfy t)on-compliance with laws and regulations to enquiry of the directors and other management and the ISpection of regulatory nd legal corresponden¢¢, if ally. Material mi55la¢ements ibat ari$¢ due to fraud calk be ILard¢r to de*ct than those arise fronk &
Theatre Peckham Annual Report and Accounts For the year ended 31 March 2024 Independent Audilor's Report to the members of Theatre Peckham they may involve delib¢rat¢ concealment or collusion. Use of our report This report is made solely to the Charity's members, as a body, in accordance with Chapter 3 of Part 16 or the Compallies A¢t 2006. Our audit work ha5 been llndertaken so that we might 51ate to the Charity's members those matters we are required to state to them in an audittt's repon and for no other purpose. To the fullest &xtent perniitted by law. we do not accept or assume responsibility to yOU¢ other than the Charity's m¢mb¢rs &s a b(dy, for our audit work, for tbis report. or for the Op10n$ we bave formed. Kate Taylor FCA (Senior Statutory Audhor) For and bebalf of Simpson Wreford LLP, Statutory Auditor5 attd Chartered Aceountsnts Wellesley House Duke of Wellillgton Avellue London, SE18 6SS Dated.. 12 December 2024 12
Theatre Peckham Annual Report and Accounts For the year ended 31 March 2024 Stat¢m¢nt of Financia] Activities (Incorporating Income and Expenditure &ccounl) 2024 2024 Totsl 2024 TO 2023 Nole Grants and donations 257.023 279,982 537.(K)5 430,279 Charitabk a¢tivAties 360,858 360.858 420,477 38,018 38.018 46.691 Other incomc 81,694 81,694 99.169 Thtsl 737 593 279 982 1017 575 1002616 Expelldlts on.. charitab adivllies 825.198 167.915 993.113 1.029,184 Tot*1 Ezpendltu) 825 198 167915 1029 184 ttst¢r betWttD funth 13 96.367 (96,367) Iyet Movtm¢At of F(15 8,762 15.700 24,462 (26,568) RttokndllalioD of fund5 Funds at l April 2023 Funds at 31 March 2024 319759 131420 212 801 319759 The Stat¢ment of Financial Activities in¢lu(ks all gaiDS and losses in the year. All income and expenditure derive from continuing activities. The not¢s on pag¢s 16 to 27 fomi pan of these finaneial statements. 13
Theatre Peckham Annual Report and Accounts As at 31 M8r¢h 2024 Balan¢e Sheet 2024 Note lrttawbk a55¢ts TaD&bJe assets 7,790 148 394 .287 177 123 io 156.184 185.410 CURRENT ASSEIS DebtOTS C&%h atb8mk and in hand 145,030 149 698 183,134 294.728 219.713 CRFDIIDRS: fallingdue wthin one year 864 NETCUIIBIWT ASSETS 210 537 156 849 CREDTTORS: atnounts falling due aft¢r more than one ar 12 NET ASSEts 344.221 319.759 RcstrKted fund5 U]JTestriod fuLd8 TOTAL 1qDs 14 14 211801 131 42Q 197,101 344 221 319 759 Forthe year ending 31 March 2024 the ¢ompany was entiiled to exemption from audit under section 477 of the Companies Act 2006 relating to smsu companies. The directors aCknwIcdge their rwonsibilities for complyingwith the requir¢m¢nts of the Actwith respect to accountiIh8 records the preparation of fanciat 5tatem¢nts. The trwstees have not required tbe COpanY to obtain an audit of its fjnancial statements forth¢yeariti question iti accordallce with section 476 These fin8ll¢ial statements have been prepared ill a[dance with the provisions applicable to ¢orntADics subject to the sn)all CoPa01ts, regime. The financial staternents on pages 13 to 27 w¢re approved by the Tne¢S on 12 December2024 and signed on their behalf by nlPtsmlfipwii.2 uy.12G15n Dr A Domingo. Chair Company Numb¢r'. 02016836 (England & Wal¢s) 14
Theatre Peckham ArUal Report and Accounts For the year ended 31 March 2022 Stalement of Cash Flow5 2023 Note5 Vunds Funds Cwsh t10Tr3 from operatiDg aclivitits= Net c8sh provided by (y$ed inl operating activitie5 24 115369 93.165 Csh nojvs from investlbg Acttvitit5: Purch&%e of property plant and equipment Net cash pwovid¢d by {u5¢d inl iDvesliJJE ¥rtivi¢its 11,248 11.2481 2.250 Csh flows frortt &¢tivities: RepAy]nents of borrown Net cash provided by {uJed inl finwDcing activities Iio,oooi IIG.000 Change in wh and cash equivalents the rep)rtg Perd C&th atmi L*sh equivakrtts at thc bcwntilg of the r¢portng rI)d Cath arjd rash equivalents at the end of the rcpDrt¥ period (104.4131 140.992 36.579 36.579 149.698
Theatre Peekhxm Athnual Report and Accounts For the year ended 31 Marth 2024 Notss io the financial ateMents 1.1 Basts ofpreparation of financial statements The fJnat)¢ial ststement5 bave been prepared In accordan¢e with Accounting and Reportlljg by Charities: Ststettlent of Re¢ommended Practice applicable to charities preparing their accounts tn accordance with the Financial Reporting standard applicable In ihe UK and Republic of Ireland (FRS 102) - (Charities SORP IFRS 102)). the Financial R¢porting Standard applicable >n th¢ UK and Republic of Ireknld {FRS 1021 ond th¢ Companie$ Aci 2(K>6. Theatre Peckham meets the definition of a publi¢ ixnefit entity und¢r FRS 102. Assets alld labilities 8 initially rE¢ognis¢d at historical cost or tra#saction value unless othenvise slated in the relevattt accounting policy. 1.2 Company statt]s The charity 15 a company limited by gukrantee iDcorpordted in England and Wales under Tegistered number 02016836. The mcmber5 of the company are the Trustees named on th¢ Company infom1]0ll page. In the event of th¢ ¢harity being wound up. the liability in respeci of the guaramtee is lirnited to £1 member of the charity. The registered offi¢¢ is 221 Havii Street, London, SES 75B 1.3 Jncome All income is recognised once the charity has entitlement to th¢ income, it is probabl¢ that th¢ incom¢ will be receiYeiL and the alllount of income receivable can be measured reliably. Forlega¢ies, entitlementistaken asthe ¢Il¢rofth¢ date OD which¢ither.' the charity is awarethat prob*e ha5 been grallted, the estate has been f]naii5ed attd Dotification has been mad¢ by the executorfsl to the Th]st that a distribution will be made, or when a distribution i5 received frotn the estate. Receipt of legacy, in whole or Én parL is onty considered probable when the amount can be me&%ured re]iably, and the chaTity has been notified of the exCt018 intention to make a distribution. Where legleS hav¢ been notified to tbe Charity. or the Gharity 15 aware of the granting of probatr and the criteria for income recognition have not been mel th¢D the legacy is treated as a ¢ontingent ass¢t aod disclosed if material. Donat¢d seryices or facilities are Jr¢ognised when the ¢harity has control over th¢ item, any conditions associated with the donated Ite]n have been me¢ the receipt of economic benefit from the use of the tharity of the item is probable and that econornic beneflt can be me&%ured reliably. Oll receipt, donated professional services and donatrd facilities are reco]Sed oll the basis of the value ofthe giftto the chaTity whirh 15 the alnount the clwity would have been willing to pay to obtain services or facilities of equivalent eeonomic benefjt on the open tnorket. a corresponding OUnt 1$ then reco]Sed in expenditure ll) the period of receipt. 1.4 Expenditur¢ Expenditure is reco8llised once there is a legal or ¢on5tructive obligation to trausfer ecouimiic benefit to a third party, it 15 probable tltht a transfer of ecOu01C benefits we be required in settlemellt and the ount of the obligation call bemeasuredreliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and sbared costs, including support costs involved in 18
Theatre Peckham Annual Report and A¢¢ounts For the year ended 31 March 2024 Notes to the financial statetnents undertaking e&h activity. Direct Costs attributable to a single activty an allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to & single tiVity are app(¥tioned betw¢en thos¢ activilies on a basis consistent with th¢ use ofresources. Cetttral stsff costs allocatedon the basis oftime spenL anddepreciation Charges allocated on tbe portion of the asset's Use. Governance¢05t5 thosc illcurd in ronnection withAdministration of the ¢harty and complian¢e with constitutional alld statutory requirements. Charitable activitie5 and Governance costs are costs incurred on the charity's &kncational operations. including support ¢osts and ¢osts r¢lating to th¢ governance of the charity apportioned to charitable activities. All ¢xP¢DdIhe is imclusiv¢ of Irrecoverable VAT. Redundancy payments are recognised in the period in which an we¢ment is r¢ach¢ 1.5 Intangible f]xed &55ets and amortisatiott IntaDgible assets COStiDg £200 or more are Capitalised and recOlSed when future economic benefits are probable, and the c05t or value of the asset can be measured reliably. Intmgible assets ar¢ Énitially recog¢Jised at Cost and ar¢ subsequently measured at cost net of amortisation and 8ny provision f lrnpalrcJL Website development 6t)h reduciDs iHlan¢e 1.6 Tangible fixed &%sets and depreciation All assets costing mor¢ than £200 £re capitslise A review for impairn)wt of a fed asset is Caled out if ¢v¢nts or changes in circumstances Indite that the carryitig value of any fLYed ass¢t may not be recoverable. Shortfalls between the carrying value of fLxed assets and their recoverable amounts are recogni5ed as itnpaimients. impaimLeDt 1055e5 art reColSed in the Statement of Financial Actiwties inci)r)rating income and Expenditure Account. TaDgibl¢ red asset5 are carried cost, Det of depreciation aDd any provision for impainn¢nL depredation is provideil at rdtes Calculated to write off the costof fixed assets, less th¢ir¢stiTDatedresidual value, overtheir expecied usefvS liv&s on ihe following b3s&5'. Long-t¢rm lehOld property Molor v¢hicles Iheatre fjxttres and fittings Theatre equipment Cojnputer equipment Portable SOUDd e(PLipment 1£&sehold improvements over the le of the 1¢ 250/0 reducing balan¢e basis Ilk15 /0 redu¢ing balance basis 250/0 reducing balace basis 33./0 straigbt line basis 50*/o straight line basis 15°h reducing balance basis 17
Theatre Peckham Annual Report and Accounts For the year ended 31 Mar¢h 2024 Notes to the fmancial statements 1.7 tnterest receivable InteTeSt on fid& beld on d¢p¢)sit is tnclud¢d when receivable and the amount Cats be measured reliably by the dmrity,. this is nonnalty uponnotification of the int¢r¢st paid or payable by the Bank. 1.8 Debtors Trade and other debtors are recognised at the settlernent amount after any trade diswwit offered. Pr¢payrnents are Yahd at the amount prepaid net of any tTrde discounts due. 1.9 Cash at baDk and in hattd Cashatbw)kandin hand includes c&8h and 5hortternbighly liquid investmeryts with a shortrnaturity of three months or less froD) the date of acquisitlOD or opellin8 of the deposit or similar ac¢ount. 1.10 Liabilities znd provision5 Liabt]iti¢s re¢ogryi5ed when there is all obligation ai the Balance Sheet date as a result of a past evetrt, it is probable that a transfer of e¢onomi¢ ben¢fit will be required in settlemenL and the 8tnount of th¢ s¢ttlem¢nt can be e5Lianated reliably. Liabilitie5 are [0glS¢d at the arnot that the charity anticipates it will pay io settle the debt or the amovnt it h&8 received a5 advanced paytneuts for the gocMJs or servi¢es it must provide. Provisions are measured at the best e5titnate of the amounts requtredto settlethe obligation. Where the effecr of the lime value of money is materi&l, the provisiim is based on the pr¢s¢nt valu¢ of those arnounts, discounted at the pre-t&x di5COUDt ratc that retle¢ts the risks specific lo the liability. The lW1nding of the discount is recognised within interest payable and 5]lIa[ charges. l.1 l Financial instruments The clwity Only has financial assets aTLd fmancial liabiliiies of a kind thai qualify as basic financial instnunents. Basic fancial Insuwments are initially reColSed at transaction value atmi Subsequently measured at their sett]ernent value with the exception of bank loans which are subsequently measured at amortised ¢ost using th¢ ¢ffe¢tive Interest methotL 1.12 PeDSions The charity operales a defmed contribution penskOD scheme alld the PEDsion chargc represents the arnounts payable by the charity tothc fid in re5PeCt of the year. 1.13 Fund auntillg General fvnds are unrestricted filnds which are available for ¢ at the discretion of the Trustees tn furtherdnce of the general objectives of the charity and whÉch have not been designated for er purposes. Restricted fid$ are fuDds which 8r¢ to be used in &ccordance with specific restridions imposed by donors or which hav¢ been rdis¢d by the charity for porticular pu0$¢8. Th¢ ¢osts of raising and administerillg such thnds tre ¢barged againsi the specif5¢ lund The aijn and use of each r¢stsicted fimd is set out in the DOte5 to the fllwjcial statements. 18
Theatre Peckham Annual Report and Accounls For the year ended 31 Mah 2024 Note5 to the financial statements 2 Illeome from dottatiolls alld Icgacifs RtJtbl¢thd 2024 Tolal 2024 DontlDD$ 2024 Ttstsi 1023 Donatiott$ DODaD5 11.969 3.360 15,329 18,295 ttrAots Aclivc CommuDttie5 Nehyork Aris CouDell. Core B&¢kstsge Tr( chartthSe Ill Southw4tk Cbthlbthod Tnt Cockayne FouDdBtK)n Ekthctb & llCe ZaibrrTrust Gètfr]d Westoll Greater London Allthoriiy- YouJJg Londotters Fuod Guy5 aDd St ThOD) Foundatkin- lttp&ct on IJ kn¢alth 2,500 145.554 145,554 145.554 35,000 8,250 35,0 8250 7.500 iooo 7.500 6.000 25.ow 29,917 4.000 4,000 50.000 50,QiN) 5.298 1800 10,680 3.750 20,340 22,645 15.DiX) 500 Jack Petthey Fowth¥)o. Aw8Jits Jack Petchey Fouttdat)o- Intern JaL Petthey FoulldatD- ReEDlle KKk St¥Jt Sth¢]ll¢ L.B. Southwért- CuhurcTothcT L.B. Souihwark ProJe¢ts LotsdoD Ythith Cor[cEtn Youth Gekng Aclwe Makn Movc5 Ful. CAF M¢r¢¢rs TLWI NaiK>Dal Heritabr Lottery Fund Nnal Lotttry- poet ulltiy N¢wLOtrttho CDJI¢i Noel Coward FouDdati)D Paul HamtyD FoMndatM?n PE¢Ja S¢ttiemeDt Royal Hall. Scroob*kll>u5 Sportcd FouDdutsoD ThE L¢¢bE Tnisi Th¢ PoftalTnL51 U]Ltied St SAvN7ut5 1.500 3,700 (I4T2). 5,21M) 1472 21,250 7,999 21,250 4,000 20,000 77.176 22,219 30.0 I,O(K> ZO.Q(K) 77.176 22,219 30.QQO 7,000 30.Q 3.000 40,000 44.000 3.oott iooo 51KI SW iooo 20.000 20,0 20.0th) 245.054 276,622 521,676 411.984 257 023 430 279 19
Theatre Peckham Annual Report and Accounts For the year ctjded 31 March 2024 Notes to the finan¢ial ststernents 3 frojn tharitble trading activities Ulltutricted 2024 Tot1 2024 Total 2023 Ch#ritable attivÉties In house productioD ticket sa Box office sp]it5 Other adiVIt Ixher event fee5 External workshop f¢cs Workshop fees and meEnbership fee5 Room and ¢quip hire Services 85.842 51.782 4,595 {76) 19.493 80,036 103,819 13,224 2,143 85,842 51,782 4.595 (761 19.493 80.036 103.819 13,224 2,143 144,609 88,595 23.387 1.485 10.731 87.216 59.913 8,516 2.025 360,858 Trnding activltl Café. bar and bjck taking Dancewear [mae and pY Merchandise and publication5 35.542 2.321 35,542 2,321 42.325 3,505 355 506 155 155 4 Dirett Activities pniductions Totsl 2024 Totsl 2023 Workshop pubkty Marketing Productions Programme devek)pment Dancewear and merChande Tuckshop and bar purch&8&8 Hire costs Other theatre activilies Tutor fees couants Staff expenses Staff training Wages and salaries Nationa] insurance Pension cost 8,582 17.551 164,062 4,894 4,175 24,878 14,603 50,019 96,525 5.870 2,391 2,986 339,086 19,674 5,994 8.582 17,551 164,062 4.894 4.175 24,878 14,603 50,019 96,525 5,870 2,391 2,986 339,086 19,674 5.994 3.357 21,158 190.593 659 6,199 23,967 9,274 36,808 81,466 17.695 2,379 208 404,046 26,166 7,257 761.290 831,233 20
Theatre Peckha Annual Rewrt and Ao¢ounts For th¢ year ended 31 March 2024 Notes to the financial statem¢nts S GDvernaTrce costs UDre5tricted FuDd5 2024 Restricted Fund 2024 Total 2024 Total 2023 3.682 48,163 41,273 3.682 48,163 41,402 1,418 23,632 49,211 305 4,323 9,446 37.651 6,883 2,613 2,928 490 892 12.322 Light and heat Repairs and renewak Ckann Compllw ¢03ts Inslltxnce Hyene service5 PriThtin& P05tsg¢ and 5¢atK>nery Subsipl¥)nS Tetephone Catering atld h05pita]ity G¢n¢ral ¢w¢nses Bank ¢harges Equipment Recruitment Profess1] f¢es Audit fee5 Deprt)ll of ian&ble fiY¢d ass¢ts AmortisarN)n of itit2tsle fLxed assets 129 5,375 9,502 46,005 7.296 3,761 3,673 376 2,038 13.329 245 5,375 9.502 46.005 7.361 3,761 3.673 422 2.850 13.329 245 65 812 25 5.525 4,400 35.358 529 6,718 7.860 30,978 497 6.718 7,860 30.978 497 230 771 1.052 231823 197951 6 Analysi5 of expeDditurt by type DepftciatlOD and Staff Costs AnLorti5atio 2024 Otbercosts 2024 2024 Tota) 2024 TDtxl 2023 Charitabk activitses EnditiC on vernance 370.131 391.159 21JO,348 591,5Q7 761,290 231823 993.113 831,233 197951 1029 184 370,131 7 Net outgoillg resour¢ This is slated aft¢r charg%ng'. Net Incomel (expenditure) 2024 2023 DewecHtTh of tangyibk ftt¢d ass¢ AlrtIsatIon of irtangthk assets AliOrS, r¢mwrraity)n 30978 497 35,358 529 21
Theatre Peckbam Annual Report and Accounls For the year end¢d 31 March 2024 Not¢s to the finan¢i&l stalements 8 Staff eosts Stxff tosts Stoff costs f( the ytar wer¢ as foJk>ws'. 2024 2023 Wages and 5¥4rS Redundancy Fayments Alsecurty costs Other pensx)D sts 339,086 19.674 26,106 7257 The average numbBr of eTnpbyees thrin8t ar, ¢akukted rn the basi8 of fulltxne staff, was aj fo]k)w5.' 2024 2023 Drect charilabk w(*k 27 29 No empbye¢ wa5 pak1 a sahry greater than £60,000. 9 Illtallgible fved Hssets Web$Sts DevelopEnent Cost At l 2023 11912 Di8posaLs At 31 Ma2024 11912 Amorti8ation At l Apr]12023 Charge for the y¢ar E]llted on disrx>sal At 31 March 2024 497 Carryillg At 31 March 224 At 31 March 2¢)23 82KI
Theatre Peckham Annual Report and Accounts For the year ended 31 Matrh 2024 Notes to the financial statements 10 Tangible rued &Ts¢t$ Thextrt TheatsE Flxtuits aDd SDund Flttitigs Equipment Computer Equipmellt InLpTDvements Total Cost At l Awl 2023 lJ15 354 25.471 2AiT2 481 19.730 478fj88 2249 Disp)sak At 31 March 2024 407069 26185 26,653 19,730 4357 DepreeAtAo At I AFril 2023 Clwge for th¢ year Elinited otl di%tO5al At 31 March 2024 251921 23J44 19&10 2.491 6208 2J86 301565 30978 1757 275265 22,031 26A53 8594 332543 At 31 March 224 132.4fr1 155 4J54 11,136 13522 148J94 177.123 At 31 Mah 2023 76 11 Debtors 2024 2023 Trade debtors Prepayments and a¢¢rud in¢orne IS.882 129 148 145.030 50,758 132 376 183 134 12 CT¢dit•rs 23
Theatre Peekhan) A[U81 Report and Accounts For the year ended 31 March 2024 Notes io the fillan¢ial statements 2024 2023 Trade creditors AccTuaL8 and d¢frrred income Taxation aTLd social security, pension 0ce back loaD 20,728 44.283 9.180 33.216 12.789 6.859 Creditorn dM¢ after rnore tbitt one ye4r 2024 2023 Bounce back lo 13 St¥t¢went of funds BAlau¢e xt l April 2023 BAla•ct al I11 31 Mkn 2024 ptnditu Rtslritttd fullds Active ConLmunitS Atts Councd Endd- Covid R¢wv¢ry Fwnd Audtnce Club BackKagE Tntsr Charterhou5c In S¢thark kne1d WestOD 2.500 98,415 13,6051 178.359) 20,056 3,360 (3.195) 3,360 35,OLK> 8.250 (33,6951 13,2q)I 112.5(K)I 13.7321 12,407) 14,500) 14,960) 12,500 5.298 1.566 .293 Jath Pclchry FDwthtivn. Awards Jack Petcbey FoUnda1- Covid R¢¢ov Jack Petrhcy foundats)n. Intern Prog¥rnm¢ Jk P¢trh¢y FO21- Re01 L.B. Southwuk- Cuhute To8ethrr LB SovthwATk Projects L.B. Southwark PTojÈrts- Posiv¢ FiityJr¢s L¢th TTr1 inndon Youth Make Moves Fund. CAF m¢T¢¢ TTUSt Nat)nai He9 Loiiery Fund N&tth)nd Lollery FUd. Awards for all Nathnai Lottery Fund- Pttttc Unty Ncwcotnmen Coll¢t Nocl Coward Found) Paul Hn F¢PidatiOn Pt¢kham Stttkment The Pi)rt81'frn SportcdFoundatv)ts Uncd St Sav[$ 3.700 9.425 12.4721 18.8391 1,886 2.830 21.250 121.2501 13,0471 1830 4.952 950 1.340 4,ffl0 20.0 77.176 22.219 12.6601 11.2951 74,881 21,802 1351 117.9421 35 110,275) 53 25,668 30.I>YI 27.451 576 18,039 IIB.0391 3,000 20.666 19,836 20,iM 15(K)I 197,lQl 279,982 Il67.915} (96.J6T) 212,801 Vlltrthlcted fuD Gener funds 737 593 319 759 1 017 575 825.19 131420 24
Theatre Peckham Annual Report and Accounts Ftsr the year ended 31 Mar¢h 2024 Not¢s to the fmancial statetnents 14 Analysis of net assets betw¢eu fuDd5 Unrtstrftttd Re5trieted Fth#dg 2024 Funds 2024 TotAi Funds 2024 Irkngble fry£d asst fLYcd a55¢ts CwrerttSets cr¢dito one Cred*OTS th aft¢Tm¢tt thaftfflc yEaF 7,790 148.394 294.728 148,394 81.927 114.1911 .500 131420 212,801 212 801 IS Trusteeg eXpeSe$ The following traD$actions occwred with known related parti¢5 during the finaD¢ial year. J Akinwande ITTUSteel - direct reimbursement of expenses totslling £41.58. 16 Taxatio The chgritabl¢ coxDpally 15 exempt from ¢orw)Tation tax as all its income is cbaTitable and is applied for haritable purposes. 17 Penslon commitments The following payments were made to the company p¢nsion 5themes in tbe year: 2024 2023 Def¢d Contribution Seheme 12,642 17.481 A liabi]ity of £2,505 (2023- £1,160) was outstanding at the yeax en(L 18 Restri¢(ed funds MerceTS TnistFund-This fund is forthe joint vents]re with Words of Colow to dev¢lop literacy and ornGy skill in y¢ar 8 students. thorough workshops, and pcrfomwlces. NatioDal Lottery Fun(L Poetic Unity Fund- This fid is for the parttL¢rship with Po¢tic Unity to ¢mploy 2 al aTnbassadory, who deliver Spokenword workshop5 and monthty Poety foyer events. 19 Fund translerJ
Theatre Peckham Annual Report and Accounts For the year cnd¢d 31 NIarch 2024 Notes to the financial statements The following fimd transf¢rs have been mad¢ during the year.. From untestri¢ted fundg to the Aclive Collunutiities fund for £1,105. Thi5 tratt%fer bas been made to supplement a small deficit on the restricted filnd. From ullre5trirted funds tothe Jack Petch¢y Foundation Intern Programme fund f¢x £1,886. This transfer h&8 been Made to supplement a small deficit on the restricted fwid. FTOM unrestri¢ted fllnds to the L.B. Souihwat* Proje¢ts- Positive Futtres nd for £2. This tr1sf¢rhaS been made to supplement a small defjcit on the re5tricied fund. From unresthcted fid5 to the National Lottery- Awards For All Fund for £35. This transfer has been made to suppl¢ment 71 5tuall deficit on the restricted fid. From UDf¢5tricted funds to the NewcoMM Coll¢t fund for £53. Thi5 traS£Cr has ell made to supplement a small deficit on the restricted fvnd. From unStrICted fimds to the Noel Coward Foulldarion fund for £15. This tTarL8f¢r has b¢¢n to supplement a small deficit on th¢ restricted futml. From re$tri¢l¢d (und Art Council Ellgland- Covid Recovery fund of £78.359 lo contribute to retained unrestricted r¢serv¢s. From restricted fimd Backstage Trust for £4,500 to wyestr&cted reserve to cover the costs of suppling the Ioc81 community with free iheatre show tickets. From restricted fund Charterhouse iti Southwark for £4.960 ro ullrestricd resetves to coverthe costs of offering acad¢my spa¢es to the loca] cwllnunity free of charge. Frojn restricted fund National Lottery Fund- Poetic Unity for£10275 to ut)r¢slJicted res¢rv¢s to ¢ov¢r the costs of offerÉTLg theatre space rentaito the local COMU]ty fr¢¢ of charse. Fro]JJ restricted fwid The Portal Tryst for £1,369 to unrestricted reserves to COV the costs of offeriDg theatre space rentsl to the locat community free of charge. 20 Related party tr8115actiOll5 DwiDg th¢ y¢ar donation5 have been to the charity by some of the trustees. The donatioDs received for the year totsl £150. 21 Limited liability The frnstres of the company guarantee lo contribute an amount not ¢x¢dIng £1 to the wets of th¢ ¢lwity in the event of wiuding up.
Theatre Peckham Annual Report and Accowits For the year ended 31 Mawh 2024 Notes to the financial ststements 22 Operating lease ¢oJnmitttkent5 Ai 31 March 2024 the company was committed to making the following pallents under DOnanCelIable operating leases." 21124 21123 Payments thie 3,812 3.495 23 Deferred illeomt lllcotll¢ of £29,661 (2023: £6.250) has been defrrred either to match the period of t¢rnls on the documenlation or the tern of the invoice5. forth¢ following.. V¢nu¢ hire and dher income £29,661 Income of £6,250 was rele&sed iti the current period. 24 R¢¢oll¢]iiatio of net IDcomel(expenditure) to nel c85h flow from operatiD% activiti¢S 2024 2023 Net incom(exp¢7tUreI forthe reportimg ptriod AdJ*t¢ts for.. D¢pr¢ciHtLon chaTg¢s Amortts&ion clwgts D¢re}Ide¢re&%e i debknrs Itt¢reasel(decreasel creditor5 Net Cash prnvided by lu¥ed inl operating attivitxe$ 24,462 126.5681 30,978 497 38,105 35.358 529 (105,3621 1878 93.165 115,369 25 Analysis of cash and cash equivaletlts 2024 2023 C&sh in hajmt Totsl ¢&sh and c&8b equivalents 149.698 149 698 36 36579