LEWISHAM YOUTH THEATRE LTD REPORT AND FINANCIAL STATEMENTS Y•ar endlng 31st August 2023 COMPANY REOISTrATION NUMBER.. 02135342 CHIRITY REOISTRATK)N NUMBER 29707$ Frank S Lachrnan 16b North End Road Golders Green London NW117PH
LEWISHAM YOUTH THEATRE LTD Legal and Admlnistratlve Infomiatlon 31st August 2023 Company Registered Number 02135342 Registered Charity Number 297075 Registered Office 142-144 Lewisham High Street London SE136JG Patrons Phaldut Sharma Lucian Msamati Directors and Twstees Genine Whrtehorne Thrxnas Toomsfrsmilh Edi50n Huy Edward King Freneka Mumlord Jamiel Thomas Mairi Hayes Tyrek8 Leslie Salmah Iqbal Stella JellTèy Natsiie Beefaj Danielle Moseley Chair Treasurer Apwnted 25th Sept8mb6r 2023 Appcmnted 1 Sth December 2022 Resigned 31st July 2023 Rèsigned 15th Decembèr 2022 Rèsigned 1st Sèptèmber 2022 Resigned 1st September 2022 Company S¢¢rotary Vi¢toria Shaskan Independenl Examiner Frank S Lachman Chartered Ac¢ountsnt 168 North End Road London NW11 7PH Bankers CtrOFérative Bank 151 Lewisham High Str Lewisham London SE136AA Staff Team Hg18n Stanley Victoria Shaskan Angus Scott-miller Anna Smith Cafy3 Williams Isla McGregor Molly Cox Monique Day Natalie Parsons Subira Damali Artistic Oiredor Executive Director Participation Manager PrOduckn. Manager Outreach Producer Ito February 20231 Programmes Administrator My L(mdon Prcoramme Manager Workshops Coordinator Volunteer Coordinator ProgressK)n COordinar Page 1
LEWISHAM YOUTH THEATRE LTD DIRECTORS. AND TRUSTEES. REPORT The directorsllruslees present their rewrt and the financi statements for the year ended 31 sl August 2023. DIRECTORS. RESPONSIBILrriES Company Law which is also applicable io charitable companies in England and Wales requires the directors, who are also trustees ol the company, to prepare financial ststements for each financial year which give a Irue and lair view of the slate ol allairs ol the company and ol the reSUS ol the company lor that period. In preparing those linanryal statements, Ihe direclorshruslees are required to= select Suitable accounting policies and then 4)ply them consistentty- observe the methods and principles in Ihe Charilies SORP- make judgements and accounting estimates that are reasonable and Pfudent.. stsle whether applicable UK accovnling stsndards have been lollowed. subjecl lo any material departures disclosed and explained in the linancial statements.. prepare the financial statement5 on the going concem basis Un$$ il is inapprcfjriate 10 presume that th8 company will continue in business. The directorslirusl8es are responsitAe for keeping proper accounting records disdose wlh reasonable accuracy al any lime the financial position of the company and to enable them to ensure that the financial slalements comply with the Companies Act 2(X)6. They are also responsible for safeguarding the assets ol the Company arKI hence lor taking reasonable steps for the prevention and detection ol fraud and other irregularilies. PRIN IPAL A TIVITY AND HARITA8LE TIVE The purpose ol the charitable company as sel out in the goveming thcumenls continues to be the promotion, improvement and advancernerbl ol edvcalion and the encouragement of tho appreCian of the arts in all their aspects by the pr8s8niaiion ol educational plays and other suitable schemes. The main aclivilies undertaken in relation lo these purposes are the prowsion ol participatory arts projects and performances designed lo develop the skills. capacities and capabilities ol mainly. but noi exclusively. young people up lo the age 0124 who live or learn in Lewisham. The charity's mission statement, published in the Strategic Plan is.. Allyoung peopl8 have a powerful voKe and8 rt be heard. Lewisham Youth Theatre (LY7) nurturns and inspires youry people s voices through free p8rtKipatory theatre aCtivitS, helping them ts develop endurvw and transfeTrbl8 sknlts that lead lo iwogsed lrfe chances and bng 18nn welfvbng. We bring youw peopb together Imm 8¢ross Ihe Lebvtsham cM>munity to create outstanding Iheatre in an environment of huh expectations and collal)oratson. We V*Yyk Irom the ce beliefihal aSIr excellence key to expanding young people s InzonS and Caling lasting transfonnatM>n. STRUCTURE GOVERNANCE AND MANAGEMENT The company was incorporated on 29th May 1987 and is govemed by its Memorandum and Artides of Assooiation. In April 2017, the Council of Management, after seeking approval from the Charity Commission for regulated changes, resolved to approve a new Memorandum and Articles in order to brirvJ the tharty's govemirvJ document$ in line with rrent charity law. The company is limited by guarantee and has no share capital. The guarantees of individual members are limited to £10. The company is a registered chartty, number 297075. The appointed directors of the company are also the thartys trustees. The directors form ils Counryl of Management and Governing Body and are empowered to act as necessary in order for the )mPanY to fulfil its objeclives. Page 2
LEWISHAM YOUTH THEATRE LTD The Directors delegate the day-to-day management ol the company to the key management personnel, currently the Artistic Director and ExecLrtive Director. The directors are responsible for ensuriThJ that management staff s decisions are in accordance with the companys objecls and legal Iramework. Long-temi organisalional strategy is Ihe joint responsibility of the directors and the management stafl. Directors are responsible tor ensuring that this strategy is in accordance with the companls objects. and lor overseeing the effectiveness of this strategy. Directors may be appointed by the members of the company or fellow directors at any time. New directorsltrustees are provided with an induction pack OLrtlining their roles and responsibilities as both directors ol the company and trustees of th8 charity. They are provided with the companys goveming documents arwj the current bUs1rSS plan. HIEVEMENT ANDP RF RMAN A former participant of Lewisham Youlh Theatre once said. "L Yfis so much m¢ye than a youth the0." Never has this been twer ihan in the last year. We have expanded our aetivty ar)d benefit io the Lewisham Community through continued exploration of our Youth-Led Cr8ative Hub model. cenlring young people's volS across the organisation. Support from major funders, including the National Loltery Community Fund, has allowed us to wden our impact.. building young creatives through our facilitator training and Haich ¢feaiive incubator programme. empowering young leaders through the My London YoLrth Social Action Pfojecl and responding lo urgent local need through programmes like the Wildtirel Escape Room and our Friday Social Hub sessions. We have hosted othef arts and communty athivity, often providing a space where partners and young people can collaborate on issues of importance. '181so w8nt to send a special apprnci8tion to ourlovety, intellfjent, COnfnI youngpeople fortheK active p8rt1p&t10n and input to soma of th& 8genda item. They warn gr8ai in artKu18tiw and hh1hlAn9 the18ck ofprovision foryoung peopl8 in the heart of the Town Centre. We are very appr8ciative oftrMrsupp(Yt. This is a 18slan7eni ol the great worf( yourproiect offers to young people 8cross the bomugh and beyond." Local partnef These developments have shown the drfference our programmes Can make lo both participants and our wider Community. forming the basis of our continued growth ol the Crealive Hub. Our Dellvery 1129 participants have taken part in 504 sessions, wlh 187 taking part in re activty. Activity has included.. Junlors 8-12s.' 75 aged 8-12, 5 peer mentors aged 12-16 and 4 Graduate CreatNes aged 18-25 engaged in 78 sessions across 4 session groups. In June. the Acting Company produced Space Girf, a play about a young gifl who travels lo the moon in search of her missing father. dewsiThJ company explored themes around families, relationships, imagination and dreams in a response to Space Girl. Junlor$ 12-14s'. 40 aged 12-14 and 2 Graduate Creatrves aged 18-25 engaged in 38 sessions a¢fos$ 3 session groups. In December. participants developed Wildfirel an immersive es¢ape-room stye drama exploring an urgent ¢limate emergency in Lewisham, in partnership with STEM and arts engagement company SMASHFest UK. In April 2023, LYT helped SMASHFest produce a digital version ol the Wildfirel experiences to( public audiences in the Creative Hub. In July, the Acting Company produced WLrfe Now, a snap shot of LYT members lives today, inspired by 2008 performance Lrfe and wlh filmed contributions from the original partiapanls- now professionals. Seniors 14-21s: 48 aged 14-25 engaged in 82 sessions across 4 session groups. The Acts'ng Company performed Confession Challenge al L. Fuse International Festival in Kingston and The Broadway Studio, Cattord. 3 participants led the Acting Company Pr(esS as paid assistant d1rertorWrlters alongside the Artistic Director. One 16-yeaT old was paid as an assislanl technician. The Devising Company performed Tales from the Le%wsham Arms- a new programme of work by young creatives, where they share their own writing and performances. Pa9e 3
LEWISHAM YOUTH THEATRE LTD The Gradate Acting Company led a tour of pertom)ance L it Down to schoots and practilioner events across the borough, induding the launch of Engage, a Violence Reduclion Unit iniliative. Technlcal Theatre: 34 aged 11-17 engaged in 22 sessK)ns across 3 session groups, with 8 young people aged 13-16 going on to assist productions as tech crew. Arts Awards: 11 aged 12-16 took part in 13 sessKJns' 6 wll achieve Bronze Arts Award Qualifications Outreach: 32 one-off drama & lechnul theatre sessions in schcds & communty settings reaching 700 participants aged 7-14 Members Commlttee and My London Youth Soclal Actlon: 28 aged 11-18 took part in 32 sessions, including planning and running events, and represer)ting Lewsham young people at ¢ommunty events like the Local Area Assembly and Lewsham launch of the Poll'S A New MET For LoTrJon strategy. 6 of these have sat on the My London Youlh SteerirwJ Group- a uoss-borough youlh Board leading social action projects across Lewisham & Greenwich. Facllltator Tralnlng & Graduato Creatlvos: 18 participants aged 1&25 received paid work experience, gaining employability skills through supporting on L'S youth theatre projects. In co118boralion wth the AJbaty$ A Conversation. 8 of these participants also re¢erved dedicated training, mentoring and paid experience on delivering drama lor wellbeing with young people affethed by poor mental health. Stories ol the impact ol the arts on their own mental health were showcased in a campaign for more crealNity in supporting young people with Iheif mental health.. https'.lfyoutu.belzNuB2MLNISo New Pfogfamme developments this year: Creatlve Hub Ses8lons & Evonts: 57 maslerclasses and workshops delivered with creative partners including.. Central School ol Speech & Drama Actor Trainers., All In Actors.. Casting Dire01 Cerri Bedinglield., Collective Acting Studio., London Academy ol Music and Oramalic Art ILAMDAI., Nalional Youth Thealre,. Oulside Edge., Theatre Cenlre., Frantic Assembly,. SMASHFesl'. Trinity Laban.. Mbion Theatre, Stage Combat specialist Lydia Fitzwilliams; Actors Lucian Msamati., and Patrice Naiambana led acting masteiclasses. In February. we hosted Celebfale StOe[lIng - A storytelling workshcf) led by Helen Stsnley and launch ol a storybook, written by 9-year old LYT Ernber Isi5 Damali. w7th Q&A arKI book synirvj. Soclal Hub: 60+ young people aged 11-17 attended 15 after school drop-in sessions. Approximately 40-50 attended each session, with a majority coming from St Matthews Academy. Supported by 3 paid graduates, and 2 members of staff. young people played social games and creative actNities, twk part quizzes and open mics. HATCH: A new creative project that gives Young Creatives aged 18-25 the opportunity to develop iheir own creatFve practice.. as writers, performers, direclors and producers, through crealwe development sessions. Young artists showcased their work at a &day festival al L'S Creative Hub in ALKJUSI. Creatlve Futures- As an extension of our previous Opening Doors progiamme and in collaboration wth London Borough ol Culture, we hosted a Creative Futures event. featuring 3 masterclasses and a Q&A panel run by our Mernber's Cornmittee smth professional crealiNE5.' Oladipo Agboluaje Iplay*4nght). Rosie TovmsherKI {producerl'. Mojisola Elufowoju Idirectorl and Patrick Bullock Idesignerl. A video ol the event can be seen here.. httpsJlyoutu.befJZdW8Nxgo9M?si=gihj08NrMQul-XdH Page 4
LEWISHAM YOUTH THEATRE LTD MEETING OUR STRATEGIC OUTCOMES We continue to track key performance indicators as set out in our Strategic Plan 2017-2022 against each ol our Strategic Objectives. A lull strategic plan can be downloaded from our website.. httPJlWWYI.lewishamYouththeatre.MIb1tron 1.. Im Participation Indicators: 187 young people aged &24 look part in L'S core projecls 312 young people aged 8-25 took part in drop in activits.es and one-off wothshops 906 young people participated in outreach sessions 593 audien members attended 8 youth theatre performances 76% of this years. participants disdosed sjgnthcant disadvantage, across a rarwJe of needs. 98% of participants in sustsined projects have taken part in 3 0( mofe sessions, with 80% taking part in 10 or more sessions. 61% of knrkshop, project participants VnI on to j(Mn a next step [ErfOanCe [ole bmthin the year. Participanl Sell-Assessmenl Indicators: So¢SaVEm¢xlonal Sklll: 92% 01 all evaluation respondents reported a significant increase in ai least one sociallemolional skill Iconlidence, teamwork, communication and emotional lileraGyl Creative Skills.. 80% of all evaluath)n respondents reported an increase in their creative skills Qualitative Feedback.. "The decision-makingprocess fi.e. youth-led nature ofthe proiectj allY boosted his COnfenCe and Cating the charncter helped him eXp$S himsemin 8 way he couldnf e8sity do befoJnIng JYT7. .1 haveny seen him so ljappy in ages and after an unsettling couple ofyears suffering bereavements and varws illnesses, it was wonderful seeirg him beirg part of something that he loved." Parent, 8-11s group "tt has made m• nK>re confrdent th what l am capable ofand helwry me who l am." Performer, 12-14s group "Doing something that [my child] enioys alty makes all the dfftTrn¢e to their mentalheafth, and sense of welkbeing and engagement in lrfe...School engagement improved and an abilty to articulate what's sn9 on for them has been impnivinq over the course of the projects." _ Parent, 12-14s group "I felt really supported and safe here, and it's amazing to finalty find a queer-freindly and neurodNergent S81e space (theyre hanl to come by even nowa-daysj." Technical Theatre & Senior 14-17s pa.pant Strat ic Ob'ethive 2.. Increased ambitw)n and access to further o rtunities Partlcipatlon Indicators: 111 young people performed, worked backstage in productions or delivered their own workshops 85% of participants in sustsined projects have completed their project 74 young people look pan in approximatety 91 hours of one-to-one mentoring. including support to complete their Arts Award Qualification. 17 young people received support to access nexl steps at Lyf and beyDnd 214 young people engaged in 54 InteralonS with professional theatre companies including trips lo see theatre, backstage tours. masterclasses and panel discussions with industry professionals 408 communty members & young people attended 4 perfomiances & events at the CrealNe Hub 6 young people completed the Bronze Arts Award qualrficalv)n and 6 Ung people received AQA Unit Award Accreditations Page 5
LEWISHAM YOUTH THEATRE LTD Participant Self-Assessment Indicators: Resiliencg: 82.kn ol all evaluation respondents indicated an increase in resilience, saying they had significantly improved at 'following through wth my plans. andlor that they had gained 'more pride in myselr. Arnbition: 83% indicaled an increase in ambrb"on. 64% saKI they had $ignthcanty improved in 'knowing 8t I want and working to Leadership: 69% indicated an increase in leadership capa'll11es. 63% said they had improved al 'helping others lo do their best,, 46% of all respondents reported they had gained the 'abilty lo lead 01[5,. Qualitiv• Fefjdback: 'It has given me a lot more insht into possibk career opportunes in theatre and morn internst in Iwhting desn... I h8va •IadY swned up lorthe Senw A¢ting coutse so I can put mypass)ns into prn¢tKe' Technical Theatre & Senior Acting Participant "l enjoyed making new fnends. having fun and improwng my Skts. I liked how even wlth hard times I think our show still looks gt. The outcome ofsh8ring my thas, skills 8nd TrndS has ljeen really go>Y.- Participant. Juniors 8-11s group "L Yrprovides opportUnitS to discover talent and careerpotenfval in all areas of c1patn perfonnance industries to young peopl6 who mwht never othenyise discover ihey could succeed in them. It widens the p1 ol expertis8 in 8n industry of signrfKant economic import8rKe to London 8 the UK.- Parent, Junior 12-14s group .1 really enjoyed worting as a team and seeing mysemgrow as a facilitator...I feel more confent in my leadernhip skills and gener81ty leel less anxious t81king to people and giving instructh)ns... ft has made me 8 more confidentperson 8nd led me to b&lieve in mysem moTr and what I brir&r the t8bb." Trainee Faulitator 'Im taking contml ofmy ¢atrye futurnl. _ HATCH Yourthj c¥tiVe Volunteerlng: This year, 17 volunteers and placement students gave up th&ir time to support on our projects. 40 youth theatre members volunteered as part of Members. Committee, peer mentors on projects, technical and backstage Crew, or look part in work experie. .1 enjoyed being able to help and assist the in Ihe groups. lltj helped me Undetand the minds ofyoungerkids and how they communic8te with e8¢h other. I would like to be a peer mentoragain 8nd take part in rn0 groups." Peer Mentor, Juniors &11s Next Stops: Our direct support to connect participants lo next steps and opportunilies around London has meant Ihal.. 10 Graduate Creatives have received paid work wilh extemal arts Organisations. Ami9a, a Senior participant performed as part ol the Windrush 75 Celebration at the Broadway Theatre Pierce. a Tethnical Theatre participant, received paid work as a tethnician wilh a visiting company Callum. a Technical Theatre participant. received an advance payment for the rnuS he composed lor Space Girl as part of the play's publication Nick Hem ITal rkin "We'd love forone of[our} new titles to be your fantastr play, Sw Glrl. I Ihought the play was Rally tenfft- it's 8iOy to something aimed atyoungerperfom?ers whih offers them such rich oPnitIeS to flex their skills, and celebrates th8 powerful resilience and inaginatn of childrenl We'd be verypr01 to welcome the play- and you! to the Nick Hem Books list. Associate Edilor, Nick Hem Books Publication of Space Girl.. We are thrilled that the pY S3¢e Girf wrrtten by Helen Stanley with music by LYT participant Callum Webb and Produced by oui Junior Actir¥J Company in 2023. will be part of Nick Hem Books, Multiplay Drama Initiative. Pa9e 6
LEWISHAM YOUTH THEATRE LTD Training & Exchangos: We have exchanggd partners to highlight r work, while supporling a wider ad)kn.0n ol quality youth-led Practice. Activity urKJer this objeciive incIJe$= 'Crgaling Work with Young Audian, trainir#J ddivered with BRIT School Applied Theatre dass, culminating in their students performing a piece of children's theatre at Lyt for 84 primary sehod ehildren 'Impact of Youth-Led Practlce, Training delivered Naiional Lottery Community Fund and BBC Children in Need 'Perfornilng for Young Audlgncgs. Training delivered wth All In Actors foundation students Llve h Down- a Forum Theatre play rtoM)ed by our Gfaduale Acting Company for LeiSham.S Social Work Conference and the launch ol Engage, a cross-boroU vidence r&luction initiative Thg Parchod Lands Teacher Pack- Working with Lewsham Counryl's Climate Team, ve published a teachers pack and delivered a workshop ¥Mth their SILKJenl Climate Neh•K)rk as a legacy of our 2022 prLxJuclion of 'The Parched Lands.. REFERRAL PARTNERSHIPS: ctinUeS lo receive referrals through local partnerships. This year. our partners have included.. l .. Forster Park, Gordonbrock, John Slainef. KeThler Primary. Ruslw Green. Sl Marys, Sl. Saviour's, Laun¢elot, New Woodlands l . Abbey Mannor. Bonus Past(K. Deptrord Green. New W(KK11a}s. Prenogrgasl Ladywell. Sedgehill, Sydenham School .. AFRIL, Baselin8. CAMHS, Earty Help Team, Family Thrive, Job Cenlre. Lewisham Social Care, Redlhread. South London & Maudsley NHS. Young Carers Lewisham. Lewsham Virtuaj Schools MY LONDON PARTNERSHIP: Lyf leads this project to seed social action across Lewisham and Greenwich alongsidè partners Charlton Aihletic Community Trust, Metfo Charity. Tramshed and Trinity Laban. The Youth Steering Group. made up ol participants from 7 partner organisalions, pr¢>Juces quarterly youlh events to share learning and build stronger youth neOrkS for swial acti¢)n in SoLth East Lonn. SHARING OUR CREATIVE HUB: We havo also shaT¢d th¢ Creative Hub with tho lollowng ¢4)mmunity and arts partner$ in need ol rehearsal and event space.. Angel Dust Iresidency and perfoimancel.. Climate Action Lewisham, CRIPTic Arts, Lewsham Young Mayor's Team, Lewsham Central L4A LaTrJSec DeSn ChaMons. MET Police. METRO Charity, SMASHFest UK and Teatro Vivo. 'A huge thank you to you. the otir staff members mosl import8nty the yvurypeople from the Members Commiltee on your Youlh Leadership Board involved in n7aking the [New METfor Londonj communty event a success. tTJh8ir w81coming, lriendly nature was fantastlc...and that led to a Mt4M%*lng whern conVets8tnS re frne fi0ng- Just perfertl" - MET NeighbourhTr)d SuperinlerKlenl Slral 'ective 4.. SuslainaNe Resources Staff Training: During the year. staff undertook training in Mental Health First Aid,. Mental Health Awareness- First Aid at Work,. Saleguarding.. Arts Awards- Adverse ChildhcM)d ExrienCeS.. Pupil Relefral Units., Understanding and Managing Behaviour., Social Media., Creative Wrtting". Panicipatory Architectural Improvements lo Community Spaces.. Bid Writing., hAentoring', Managing Ettoctivo Teams.. Trauma Infoed Practisg,. LGBTQ+ Awargn85s'. The Manosphero And The Rise Of Online Misogyny. Increased & sustain Resourcing: The organisation remains in a Strong financial position moving into the 2023124 financial year, with strong funding and commissioning partnerships. We are grateful for the suppon ol new and returning éonors lor the ngxl ygar.. National Lottery Community Fu- for a &year grant l(hvards the Yi)uttFLe(J Creative Hub strategy Arts Counal England - for their support towards the HATCH ueative incubator project City Bridge Foundation- for their supwt towards our youlh vCe activibes Garfield Westoll Foundation- for their support Iowdrds YoutPFLed Creative Hub strategy Skn'nners Company- for their support towards the Faalrtator Training pr(xJramme People's Society Trust- for Ihwr support lovrards t Backstage Tatre prc¥Jramme Page 7
LEWISHAM YOUTH THEATRE LTD We particularfy want to thank Landsec who have provided the retail unit on Lewisham High Street rent and rates free - an in- kind donation is eslimaled at a cost of £187,C. ORGANISATIONAL DEVELOPMENTS In the last year. we welcomed staff member Anna Smth as our Pr(xluction Manager. We also worked for a short period with consultant Becky Smith, who helped us lo deVep the systems and health & safety procedures lor the Creative Hub space. In February 2023, Carys Williams left to become Participation Manager fjth Big House Theatre. We're excited that the va¢ant role of Qutreath Produ1 will be taken on by fomer student placement Maizy Wright in September 2023. Our Council of Management (Board of Trustees) welcomed new member and graduate Tyreke Leslie before he joined the RSC for their summer produclion of'As You kn.ke It.. We thank Salty Iqbal who stepped down from the Board due lo extemal ctimmitments. RE PERI A New Creatlve Hub: In Autumn 2023, we will move into a new building al 436 Lewisham High Street. Drawng our experience in our current unil, 11 work with our Members, Committee ano local partners including Youth Build and Public Works afchitecls lo relurn this disused space to vibrant community use. Now Leadershlp: In December 2023, long-time Artistic Director Helen Stanley will leave lo pursue a freelance career. We will welcome a new Creative Dire01, Filri Ozcan, who 11 Wofk with our CEO Victoria Shaskan to drive lorward the vision lor a Creative Hub cenlring youth voices ai all levels. New Soclal Actlon: Our Members. Committee vill lead a new soaal acknon campaBJn- the Case for S.P.A.C.E. {Swlching Perceptions and Creating Environments). They will bring together a Task Force ol local young people and adult change makers lo campaign lor more yovlh-led spaces in Lewisham and lo swilch perceptions of yovng people in public spaces through a petition and a public performance. New Programmes: We will expand and embed new training programmes, particularfy giving young people moTe dedicated leadership training and experience as young directors. peer mentors, technicians. producers and writers. Bringing different age groups together. we will start to devek)p a new series ol Pla following the same set of characters at different ages as they respond lo urgent issues lacing young people today. FINANCIAL REVIEW LYT has had anolher posltive year. managing to end ihe year with a surplus of £13.348. We have continued to enjoy support from a wide range ol public and private sponsors. This year we raised £403,111 through grants, donations and charitable activities. This fundraising success allowed us to spend £347.652 (cash expenditure) on our own tharitable activities and distribute £42,1110l partnership funding Irom the Mayor ol London lo our lour My London partners. On lop ol the cash income and expenditure, we have secured in-kind support towards OUT premises eslimaled al £187,000, bringing our lolal income lo £590,111. The charity remains in a good financial position, £176,7610l lunds Cale lorward to the next linancial year. ERVE Unrestricted Designated funds carried forward (shown in notes 9 and 101 are monies albcaled to projects going torward. The Trustees deem these fund afe available for use in the followrKJ year's operational budget as a contingency towards the project and running costs ol Ihe next year. This policy allows the charty lo plan and deliver a cohesive annual programme to meet the needs of our service users should fundraising not meet expected targets. As of 31 August 2023, the Trustees designate £56,761 of carr1 lopward fuTrJs to projects in the 2023124 financial year. Page 8
LEWISHAM YOUTH THEATRE LTD The charity endeavours to mainlain a level of nCeratIonal reserves that will enable it, if the situation arises that funding is curtailed, lo carry on ils activities whilst attem*ive sources of furmling are obiained. Total carried forward funds currently total 6 months running costs, with non-operational Reserves (defined as carried forward funds not designaledl al the level of £120.0(XJ cuNenlty tolalling approximately 4 months of the overall 2022123 cash expenditure. The directors consider this to be an appropriate level of reserves as at 31 August 2023 as a contingency against statutory obligations. The movement in reserves is Shown in note 8 to the a¢counts. INDEMNITY The company holds Tnjstees and Directors Indemnty insurance, whth indemnifS directors against any liability incurred in that capacity, up to £100.CW. DI Incorne sources, names of funders and designation of funds ar8 shown in Notes 2 aTrJ 3 to the accounts. All income and resources are used for the dired delivery of the organisalion's charitable activities or for the support costs associated with this delivery. in order 10 further the key objectives ol Ihe charity. NTANT Frank Lachman has agreed lo offer himsem for rfreleclion as Independent Examiner lo the company at the lorthcoming AGM. INVE TMENT The charity has no investments. RELATED PARTIES The charity has relationships with other charitS on a project-by-project basis. None ol the trustees receive remuneration or benelitted finan¢ialty from their work as IwsteedIreClOrs ol the charity. Any ¢onnection between Iruslee or senior manager of the chafity and a contractor musl be disclosed to the lull Council of Management. RISK MANAGEMENT The dire¢tors/trustees consider the company to remain a going ¢on¢em for the period of 12 months from the date the accounts are signed, as such the accounts have been prepared on that basis. The company undertakes periodic reviews lor different areas ol risk including insurance cover. health and safety in the workplace and dufing work th participants, safeguarding children, financial affairs. personnel practices and ICT technology. The Trustees confirm that in compiling this report they have had due regard to the guidance on public benefit issued by the Charity Commission in compliance %wth the duty set out in section 4 01 the Charities A. This report has been prepared in accordance with the provisions in Section 419131 ol the Companies Act 20( applicable to charitable companies subject to the small CoMpanS Tegime. Page g
LEWISHAM YOUTH THEATRE LIMITED DIRECTORwfRUSTEES The directorshrustees set (Kjt below have held olfice during the whole year of this rerM)rt unless herWISe stated. Genine Whitehorne Chair Thomas Tooms&Smith Treasurer Edison Huyn Appointed 25th September 2023 Edward King Freneka Mumford Jamiel Thomas Mairi Hayes Tyreke Leslie Salmah Iqbal Stella Jeffrey Natalie Beeraje Danielle Moseley Apwrted 15th December 2022 Resigned 31st July 2023 Resigned 15th December 2022 Rgsigned 1st September 2022 Resigned 1st Sgptembgr 2022 This feport was approved by the rd on and signed its behalf by Treasurer ond Tru$t•o Thomas Toomsfrsmllh L•wlsh4m Youth Th•atr• Ltd Page 10
LEWISHAM YOUTH THEATRE LTD Indopgndgnt Examinerfs Report on the Accounls I report to the charity trustees on my examinatK)n of the accounts of the company for the year ended 31 st August 2023 which are set out on pages 12 10 20. Responsibilities and basis of report As the chantys Iruslees of the MpanY land also ils direclors for the purpose$ of company law) you are responsible for the preparation of the accounts in accordance with the requirements ol the Companies Act 2006 I'lhe 2006 Acl'l- Having satisfied myself that the accounts ol Ihe company are not fequired lo be audited under Part 16 of the 2006 Acl and are eligible for iThJependenl examination, I report in respect of my examination of your charity's accounts a5 carried out under section 145 of the Charibes Act 2011 Ilhe '2011 Acl'l. In carrying out my examination I have followed the Directions gNen by the Charity Commission under section 145{S}Ibl of the 2011 Act. Independent examiner's report Since the companls gross income exeded £250,000 yow examiner must be a member of a body listed in section 145 01 the 2011 Act. I confirm that l am qualified to undertake the examination because l am a m8mb8r ol the Institute ol Chartered Accountants in Engkind & Wales, whth is one ol Ihe lisled bodies. I have completed my exarninalion. I conlimi thai rn matt8TS have come to my attention in connection wilh Ihe examination giving me cause to believe.. 111 accounting records were not kept in respect of the company as required by SeCtn 386 01 the 2006 Act.. or 121 the accounts do not accord with those accounting records; or 131 the accounts do not compty wilh the accounting requirements of section 396 01 the 2006 Act other Ihan any requirement that the accounts gwe a 'lrue and fair, v*w lch is not a maller considered as part of an independent examination- or 141 the accounts have not been prepared in accordance with the methods and principles of the Statement ol Re¢ommended practice for accounting and reporting by charrties applicable to charities preparing their aount$ in accordance wlh the Financial Rewrting Siandafd applKable in the UK and Republic of Ireland IFRS 1021. I have no concems and have come across no other matters in conneclion wlh the examination lo which attention should be drawn in this reFKJrt in order lo enable a proper undefstanding of the acc£sunls lo be reached. Frank S Lachman Chartered Accountant Independent Examiner 16b North End Road London NW11 7PH Page11
LEWISHAM YOUTh THEATRE LTD Statement of Flnanclal Actlvhlo$ Ilncorporatlng an Income and Expondlturg A¢nt For th8 year 8nd8d 31st August 2023 R8stricted Funds Unrestricted Funds Total Rostrlcted Funds Funds Unrestrict8d Funds Total Funds Notes Rev8nu• Designated Reser¥os 2023 Revenue Designated ReseTrvs 2022 Income Donations and legacies Bank interest 338.012 229.823 1.118 567,835 257.226 1,118 184.284 441,510 89 89 Charltabl• actlvltSos 21.158 21,158 400 Total Incom• 338.012 252.099 S1,111 257.226 184.684 89 441.999 ExndItur• Charltabl• ACtIty Costs 238.375 576,763 259,850 126.776 386.626 Total expondlture 338.388 238.375 576,763 259.850 126.776 386,626 Net Incomelexpendlturo {3761 13,724 13,348 12,6241 57.908 89 55.373 R•con¢lllatlon ol lunds Total funds brought forward 63.413 1(.(jj) 163,413 37.175 70.865 108.040 Transfers between funds 376 120,376) 20,W) 2.624 131.6701 29,046 Total funds carrled forward 56.761 120.000 176,761 63.413 100.000 163 413 Thè statement ol Financial Activities reflects the resulls of continuing activiti8s for the year. There were no recognised gans or losses other than the net outty)iNJ res0CeS year. The net outgoing resources lor the year have been cal(JJlated on historic o)Si basis. The notes on pages 14 to 20 lom part of Ihese aCcnis. Page 12
LEWISHAM YOUTH THEATRE LTD Balance Sheet at 31st August 2023 Notes 2023 2022 Curr•nt a$ws Debtors Cash al bank and in hand 339 267.967 43.11x1 231,905 Total current assets 268,306 275,OOS Creditors duo wlthln one year 91,545 111,592 Net currgnt assols 176,761 163,413 Net assets 176.761 163,413 The funds of the charlty Restricted Funds Unrestricted Funds Designated - Reserves 56.761 120,000 63,413 100,000 Total charlty funds 176.761 163413 For the year ended 31 August 2023 the company was entitled to exemption under section 477{21 of the Companies Act 20c. No members have required the company lo obtain an audit of its accounts for the period in question in accordance wilh section 476 01 the Companies Act 20C6. The dIreor$ a¢knowledge their re¥>onsibilty for.. i. ensuring the company keeps accounting records whith compty with section 386; and ii. preparing accounts which give a true and tair view of the slate of affai ol the company as al the end ot the financial year and ol its profit and loss lor the linancial year in accordance with the Section 393, and which otherwise comply with the requirements ol the Companies Act relating lo accounts, so far as applicable lo the company. The accounts have been prepared in accordance wth the special provisions applicable to companies subject lo small companie3, regime under Companies Act 2cI)6. Approved by the directors on 11th December 2023 . and signed on 1r behaw by Genine Whitehome Chair Thomas Tcomse-smiih - Treasurer Page 13
LEWISHAM YOUTH THEATRE LTD Notes to the Financlal Statements For the Year Ended 31st August 2023 1 Accountlng Pollces la) The financial statements have been prepared in aCrdance vith Accounting and Reporting by Charities.. Statement ol Recommended Prathice applicable to charrlies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 leffective 1 January 20221- (Charities SORP IFRS 10211, the Finanoal Reporting Stsndard applicable in the UK and Republic ol Ireland IFRS 1021 and the Companies Act 2006. As a small company, Lewisham Youth Thealre has not presented a cashllow in these accounts on the basis ol the small Company exemption undei FSR102. section 7. Lewisham Youth Theatre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are inrtially recognised al histotical cosl or tranSactn value unless otherwise ststed in the relevant accounting policy nolels). {b) Incomo Income is recognised %then the charity has entitlement lo the lunds, any performance ConditnS attached lo the items of income have been met, it 1$ probable that the income will be reiVed and the amouni Can be measured reliably. Income from granls, wthelher capttal or revenue grants. is recognised when the charity has enlitlemenl lo the lunds, any performance conditions attached to the grants has been met, il is probable that the income will be received and the amount can be ffloasured reliably and is not deferred. 1¢) Expondltur• All expenditure is accounted IOT on an accruals basis. Expenditure is recognised once there is a legal or constructive obligation lo make a payment lo a third pany. It is probable that settlement wll be iequired and the amount ol the obligation can be measured reliably. Costs are allocated lo a category erther because such o)sls are directly incurred in relation lo such category, or because they are support costs in respect of which an apportionment has been made between the Categories. Support costs consist of inlraslruclure costs for salaries, premises, office administration. Such costs are apportioned on a reasonable and consistent basis lo the various categories with a view to determining, as accuratety as possible. the total resources expende(I lor each category. The basis ol apportionment used is ef(her a function ol staff lime applied to a given aclivity, or an estimate of the pr¢Jportion ol costs associated with the same. or a combination ol boih. Direct and Support costs are separalety shown by natural classrfication in Note S lo these accounts lor each category ol cost. Id) Taxatlon The company as a registered charity I number 297075) is exempt from taxation on most investment income insolar as il is applied lor chantable purFM)ses. The company is also exempt from laxalion on capital gains. Ie) Debtors Trade and other debtors are Teeognised at the settlement amount due after any trade di$¢ount offered. Prepayrnents are valued al the amount prepaid net of any trade discounts due. Ifj Crgditors and provisions Credrtors and provisions are recognised where the chartty has a present obligation resufting from a past event that will probabty result in the transler ol funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. CTeditoTs and prowsions are nomially recogni8ed at their settlemenl amount after allowng for any trade discounts due. {g) Tangible Fixed Assets Tangible fixed assets are written down over the useful lile on a ffixed line basis. Computers are deemed to have a four year life Page 14
LEWISHAM YOUTH THEATRE LTD Notes to the Flnanclal Statements For the Year Ended 31 st August 2023 2 Grants and donations Restricted Unrestricted Funds Funds Restricted Unrestricted Funds Funds 2023 2022 Support In Klnd Landsec Mishcon De Reyas 187,(MX) 187.000 82,348 2,664 82,348 2,664 Grants for General Running Costs LB ol Lewisham . Main Grant 30,000 30.000 32,5C 32,500 Grant$ and Donations National Lottery Community Fund Children In Need Haberdashers Benevolent Fund - Greater London Authority Young Londoners Fund My London Foundation For SOCGLA Culture At Risk Creating Connections- Young Mayor People's Society Trust Lee Charity ol William Hattcliffe Sir William Boreman Foundation Henry Smith Burberry Foundation Garfield We51on - LB of Lewish8m We Are Lewisham Additional Restrictions Grant Creative Change NCIL Borough Wide NCIL Lewisham Central Hillcote Trust Chesire Community Arts Council England Donations Individual and Corporate Dono 80.820 20,51 7S 80,895 20,500 72,274 72.274 4,500 52,100 2,310 7,6fy) 4,500 52,100 2,310 7,600 70.C((J 70,C#)O 1.970 25.C((I 1,970 25,C#)O 5,000 4,500 28.500 28,51XI 28,lY)O 28,000 15,1)00 1 S.OCN) 15,0 15,000 2,500 2,500 6,1)00 4,600 3,750 8,440 6.OCN) 4,6QN) 3,750 1S.O(M) 28,(MXI 15.000 28,000 5,000 26,874 29,986 29.986 26,874 2.186 7,748 9,934 S,772 6,112 Deferfed Grants brought lorward Deferred Grants ¢arried forward 70,950 158.(K#J) 2,917 73,867 101,888 12.9171 (60,91n 170,9501 42,917 144,805 12,9171 (n,8671 338,012 229,823 567,835 257,226 184,284 441,510 2023 2022 Support in Kind compri9o$ Rent and rates Legal support 187,C(X) 82,348 2,664 187.000 85,012 Page 15
LEWISHAM YOUTH THEATRE LTD Notes to the Financial Statements For the Year Ended 31 st August 2023 Restricted Unrestricted Restricted Unrestricted Deferred Grants brought forward LB of Lewisham Growth Builders Additional restriction$ Main Grant NCIL Borough Wide Greater London Authority Culture Al Risk My London Hoare Trustees Burberry Foundation Foundation For SOCGLA Little Lives UK 8aring Foundation People's Community Trust My London Lee Charity ol William Hattcliffe Haberdashers Benevolent Fund National Lottery Community Fund Hillcole Trust 2023 2022 25.0(XJ 25.000 13,714 2.917 13.714 2,917 2.917 7,500 2,917 2.100 36.300 2.100 36,31)0 7,183 1 5,000 8.400 1,500 25,610 20.000 10,481 7,183 15.000 8,400 1.500 25,610 20,000 10.481 5,000 3,000 17,050 17.050 15,000 42,917 144,805 70,950 2,917 73,867 101,888 Rostrl¢t•d Unrostrl¢tod R•strl¢tod Unr•$trl¢t8d 2023 2022 Deforred Grants carrled forward LB ol Lewisham Main Grant NCIL Borough Wide Greater Londorb Authority Culture Al Risk My London Lee Charity ol William Hattcliffe Haberdashers Benevolent Fund Arts Council England BBC Children In Need National Lottery Community Fund People's Society Trust Hillcole Trust 2,917 2.917 2,917 2,917 7.500 2,100 36,300 5,(KJO 3.fyjo 2.100 36,300 5.000 3,000 10.OCW) 10,ON) 20.1)Xl 17,050 17,050 25,(M)O 58,000 2,917 60.917 70,950 2,917 73.867 Page16
LEWISHAM YOUTH THEATRE LTD Notes to the Financial Statements For the Year Ended 31 st August 2023 3 Charltable Actlvlty Costs Charitable Activity Costs Support Costs Governance Total Restr5cted Unrestricted Restricted Unrestricted Costs 2023 Dlrgct costs Staff costs Project Costs Freelance Fees Produclion Costs My London Partnership Theaire tickets DBS Checks Workshop Materials and Costs Travel and subsistence Theatre and space hire Volunteer Expenses Graduate Creatives Apprenticeships Accreditation costs Equiprnenl and software 3.605 7.410 199.750 37,976 1.926 250,667 2.1C 28,262 4,819 42,111 270 30,362 4.819 42.111 270 508 411 1,201 411 1.201 17,589 250 1.713 281 17.870 250 2,071 358 Support In Klnd 187,IXM) 187.000 Support costs Accountant's lee AGM, Council ol Management and Annual Telephone. inlernel and postage Documentation Organisalional Promotion and travel OperationaVSeNice costs Insurance subscriptns Relreshrnerbts Printing and Stationery Bank lees Light. F)ower, heating and cleaning Rent 1,900 26 831 1,101 1.418 828 1.316 958 2.243 61 26 580 150 65 1,681 1,568 893 1,316 1.259 2,319 64 1.225 52 25,603 301 76 245 52 25.603 Total 2023 5.705 194,488 332,683 40,061 3.826 576,763 Funding from the Greater London AuthoTity for the My London programme was dispersed lo Proje delivery partners.. Charllon Alhlelic Communty Trust, METRO Cha¥ty, Tramshed and Trinty Laban. Page 17
LEWISHAM YOUTH THEATRE LTD Notes to the Financial Statements For the Year Ended 31 st August 2023 3 Charltable Actlvity Costs Charitablg Activity Governancg Support Costs Costs Costs Restricted Unrestricted Restricted Unrestricted Total 2022 2022 Comparatives Diro¢t ¢o$t$ Staff costs Project Costs Freelance Fees Production Costs Partnership payThenls Theatre lickels DBS Checks Workshop Materials and Costs Travel and subsistence Theatre and space hire Volunteer Expenses Graduate Creatives Apprenliceships Accreditation costs Equipment and software 11.925 187.691 20,570 2.345 223,431 29,429 2.391 623 437 452 29,429 2,391 623 10 452 1.353 611 107 7,850 150 939 1,353 611 107 7,850 150 1,275 336 Support In Klnd 8S,012 85,012 Support costs Accountant's lee 1,900 AGM. Council of Management and Annual report costs Telephone, inlernel and postage Documentation Organisalional Promotion and ITav81 Insurance Subscriptions Refreshments Printing and Stationery Bank lees Light. power, healing and cleaning Rent 351 1,683 555 417 248 1,154 2,100 768 5,706 1,806 2,040 38 1,495 85 15,131 425 4.039 1,234 237 1.522 20 1.495 47 13.299 433 1,569 518 18 1.375 457 425 Total 2022 96 975 253 536 4 493 386 626 Restrlcted Unrestrlcted Funds Fund$ Restrlcted Unrestrlcted Funds Funds 2023 2022 Workshops and commissions 21,158 21.158 400 21,158 21,158 400 400 Page 18
LEWISHAM Yoimi THEATRE LTD Notes to the Financial Ststements For the Year Ended 31st August 2023 5 Employees 2023 2022 2023 2022 No. No. Wages and Srxial security costs Staff Pension costs Employers Nl Freelance lees 231.387 4.831 14.449 30.362 281.029 207,215 Administratic 4.162 Tuiors 12.054 29.429 252.860 10 No employee eamed more than £60,CQO during the year.12022 none) 6 Tanglbl• FSx8d Ass•ts Comput•r$ Total Cost al 1st Seplembw 2022 and 31st August 2023 1.059 1,059 Deprlatn at 1st Septgmbef 2022 and 31st August 2023 1,059 1,059 Wrht•n down valu• at 31st Augu#t 2022 and 31it August 2023 7 Debtor• 2023 2022 Inc¢yne receivable Tradè debtors 339 339 43,100 8 Crodltors du• wlthln on• yaar 2023 2022 Trade creditor5 Delerfed Grants Partnership Funding Accruals 13.165 60,917 10,501 6,962 31,343 73,867 6,382 91,545 111,592 9 RKon¢lllatlon of Movomgnt In Funds Balance at 1st September 2022 Balance at 31st August 2023 Incom• EXnditr Transfers Reslricled Funds 338.012 1338.388) 376 Unrestflcted FurKIs - Designated - Resefves 63.413 1fX),(KK) 252.099 1238.375) {20.376} 20.0(K) $6,761 120,000 163,413 s.111 1576.763} 176,761 Page 19
LEWISHAM YOUTH THEATRE LTD Notes to the Financial Statemgnts For the Year Ended 31st August 2023 The above funds compri. Reserves: these are monies representing awroximately 4 months of overall budget costs in the 22-23 year, which can be used by the Trustees al their discretion for any purpose and which have not been designated by them previousty. Designated Fund: are monies the Trustees have alkncated to projects moving forward, which will be released lor use in the 2023124 operational budgets Transfer of any remainin9 funds belween restncled and unrestricted general has been made lollowing successful completion of projects to the satisla¢tion of tunders in order to ensure the long-tefm sustainability ol the chanty. 10 Analysls of Net Assets b&tween Funds Mot Curront As$ Flxed Assets Total 2023 Total 2022 Restricted Funds Unrestricted Funds.. Designated Reserves 56.761 120.C(KJ 56,761 120,000 63.413 100,000 176.761 176,761 163,413 11 TRUSTEES No Iruslee received remuneration for services provided lo, or reimbursement of expenses incurred on behall ol, the company while a trusteeldirector during the year. No Iruslee reSned in the year and look paid employment with the company Page 20