Geese Theatre Company Limited (A Company Limited by Guarantee) Annual Report and Financial Statements Year ended 31 March 2024 Charity number: 327563 Company Number: 2182104 THEA TRE COMPANY Feltons Chartered Accountants Birmingham BI 3JR
Geese Theatre Company Limited (A Company Limited by Guarantee) Report and financial statements Year ended 31 March 2024 Contents Page Reference and administrative details Report of the trustee5 Independent Auditor's report on the financial statements 19 Statement of financial activities incorporating income & expenditure account 23 Balance sheet 24 Cash flow statement 25 Notes forming part of the financial statements, incorporating . Statement of accounting policies 26 Other note5 to the financial statements 29 The following page does not form part of the statutory financial statements . Detailed income and expenditure account 35
Geese Theatre Company Llmited (A Company Limited by Guarantee) Reference and Administrative Details Chair Kobina Hall Trustees Clark Balm Selwyn Blyth Philippa Frith Kobina Hall lain Lownes Claire Owen Kam Sarai Company secretary lain Lownes Key management personnel Andrew Watson Louise Heywood Rosalind Adams Elizabeth Aspinall CEO and Artistic Director Director of Programmes Director of Funding and Partnerships Director of Finance and Operations Other employees Elizabeth Brown Daisy Edwards Rebecca Oldfield Emma Smallman Georgia Wilkinson Andrea Cifuentes-Poseck Oliver Gatten Daniel Pearce David Snook Registered office Woodbridge House 9 Woodbridge Road Birmingham B13 8EH Charity number 327563 Company registration number 2182104 Independent auditor Feltons 8 Sovereign Court 8 Graham Street Birmingham Bl 3JR Bankers Lloyds Bank ple 32-34 Alce5ter Road South Kings Heath Birmingham 814 7PU Page 1
Geese Theatre Company Limited {A Company Limited by Guarantee) Report of the trustees Year ended 31 March 2024 The Trustees present their report and the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice ISORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Chair's Report Whilst 2023/24 was a challenging year for Geese from a financial perspective it is positive to note that the company has not only maintained, but increased its presence across the secure estate, almost doubling the number of projects and the number of people in prisons we have reached. I believe this is because of the excellent reputation for quality that the company has built and sustained over the years and the level of trust that senior leaders within the prison estate place in Geese to deliver work that is sensitive, inspiring and effective. Alongside the prison work has been a healthy mix of staff training events, performances at criminal justice and social welfare conferences, ongoing community partnerships, and work with academic partners. 2023/24 was the first yearof Arts Council England's current National Portfolio Investment Programme and Geese was fortunate to receive additional funding that has enabled us to begin to develop a new strand of work in Wolverhampton, combining work in HMP Oakwood with projects in the community and providing training and development opportunities for Wolverhampton-based artlsts. This initiative shows the companf s commitment to building capacity within the sectorso that more people can experience the power of art in their recovery journey. Another initiative of which l am particularly proud is the Creative Licence project. Funded by Art5 Council England, Creative Licence wa5 a pilot project designed to test the p055ibility of developing employment pathways from prison into the creative industries. Working closely with the resettlement team at HMP Oakwood and Birmingham Repertory Theatre, the project enabled one serving prisoner to work across several departments at the Rep while on Release on Temporary Licence (ROTL.) The project was evaluated by the Institute of Community Research and Development at the University of Wolverhampton, whose report provides invaluable lessons for both prisons and the creative sector. l am grateful to my fellow Board of Trustees members for their expertise, guidance and commitment over the past year. However, the work of Geese can only happen because of the enthusiasm and skill of the entire staff team. Their dedication to working with some of the most vulnerable and Page 2
Geese Theatre Company Limited IA Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 marginalised people in our society cannot be underestimated and it is because of them that the work of Geese continues to go from strength to strength. ILUO Kobina Hall Chair of the Board of Trustees Page 3
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees {continued) Year ended 31 March 2024 Our Purposes and Activities Our vision is: To create safe, crime-free communities and for the arts to be recognised as a powerful vehicle for individual and social change. Our mission is: To use theatre and drama to enable choice, personal responsibility and change amongst individuals who have offended, other vulnerable or marginalised groups and those who work with them. Ourvalues are: Responsibility We support and encourage the notion of personal responsibility. Belief in Change We uphold and promote a belief in the potential and possibility of individual change. Rigour Every aspect of our work is grounded in robust evidence and theory to ensure the highest quality. Artistic Excellence We strive to develop and deliver theatre and drama practice of the highest quality to people and places with the least engagement in the arts. Innovation We are continually developing new performances, projects and services for new audiences, offering alternative approaches to reducing offending. Portnership We aim to create an ethos of collaboration and partnership which value5 contributions from all members, employees, partners and participants in order that our work has the greatest impact. Inclusion We aim to treat all individuals with respect and to approach each other and those we work with in an inclusive and non-judgemental manner. Page 4
Geese Theatre Company Limited {A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 To achieve our vision of creating safe, crime-free communities by the provision of theatrical 3Ctivities, we formulated objectives for our 2023/24 busine55 plan within the following areas Dirert Work with Beneficiaries Troining Work Profile Raising, Relotionship Building, Sector Engogement and International Work In shaping our objective5 and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'Public benefit: running a charity (PB2)'. Page 5
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Organisations and Partners worked with in 2023124 Ardenleigh Hospital Barnardos HMP Send HMPStandford Hill HMP Swaleside Bath Spa University Birmingham City University Birmingham City Council Birmingham Conservatoire, Birmingham City University Birmingham Virtual School Bradford Council Cardiff Metropolitan University Clayfields House Secure Unit Clean Break HMP Wealstun HMPWoodhill Ingeus Judicial College Kulturkompaniet Leeds Citycouncil Leonard Consultancy Liverpool Hope University Resettle IIRMS {Intensive Intervention & Risk Managementservice) Nottingham Trent University Nuneaton Education Alliance PartnerAbuse Interventions Ltd Central School of Speech and Drama Dante or Die East of England Probation Emotion Coaching UK Glebe House Goldsmiths, University of London Harrow Council Respect Roundhouse SIFA Fireside HMP Ashfield HMP Brixton Solihull Metropolitan Borough Council South West Probation Stopso UK SUIT HMP Drake Hall HMP Gartree HMP Holme House HMP Humber HMP Huntercombe University of Northampton University ofworcester Vinney Green Secure Unit Warwickshire Virtual School Wells Road Centre HMP Kirkham HMP Leeds HMP North Sea Camp HMP Oakwood Woodlands Children's Development Centre Woodlands School HMP Rye Hill Work delivered 2023124: Geese Theatre Company works within the criminal justice system and social welfare settings and projects comprise work with core client groups (in secure settings, mental health settings, in the Page 6
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 community or with young people) and training of staff, students and artists who work with such core client groups. Maintaining a balance across our portfolio of work can be challenging but it is satisfying to note that in 2023/24 we increased the number of prisons we worked in compared to 2022123 and worked with almost twice as many participants within those prisons. Many of those prison projects have been delivered in partnership with specialist units or services, whether that is a Therapeutic Community, a Psychologically Informed Planned Environment wing (PIPE), the Offending Personality Disorder Pathway, or Incentivised Substance Free units. Number of projects 39 People Days 194 Participants/Audience Members 391 Work in Secure Settings Work in Community Settings Work with Young People Performances at Conferences Other Training Events Totals 23 252 405 63 30 28 203 2139 41 91.5 556 137 803.5 3521 All the work is delivered by a delivery team of permanent staff with an average of 12 years, experience working with Geese. The (Jelivery team is supported by an experienced administrative team with a focus on finance, fundraising, business development and logistics. ANALYSIS OF PEOPLE DAYS 23124 Work in Secure Settings 29% Other Tralning Events 30% Work in Community Setting5 17% Performances at Conferences 20% Work with Young People 4% Page 7
Geese Theatre Cornpany Limited (A Company Limited by Guarantee) Report of the trustees {continued) Year ended 31 March 2024 Direct Work with Beneficiaries We worked with 538 adults and young people who are in prison, serving community sentences or otherwise marginalised, vulnerable or socially excluded. 288 audience members watched performances/presentations co-created with some of our adult participants. Number of Projects Client/Audience Numbers Secure Days {inc. rehearsal) 19 People Days 43 Creative Projects Performances 27 14 74 Groupwork Totals 34 65.5 137 290 39 88 194 391 Numberof Projects Client/Audience Numbers Community Groupwork Creative Projects Performances {Community Cast) Participant Development Totals Days (inc. rehearsal) People Days 23 45 89 208 70 19 288 23 105 252 405 Youth Number of Projects Days (inc. rehearsal) People Days Client Numbers Creative Projects Totals 30 63 30 30 63 30 Page 8
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Examples of projects where we worked directly with beneficiaries: Secure Our work in secure settings sits at the heart of our portfolio and this year we have maintained partnerships with prisons we have worked in regularly over the last few years as well as developing new relationships. One such new relationship was with the Psychologically Informed Planned Environment (PIPE) unit of women's prison HMP Send, who commissioned us to devise and deliver a six-session project over a six-week period, working with some of their women. Staff from the unit who supported the project provided the following feedback: hefacilitotors were omazing, so welcoming, consistent and a joy to be around. They kept the group focused whilst having fun, delivered valuable content to our residents whilst keeping them engaged ond took on board ony feedback they gove. They were IOOYO opproachable, understanding and adaptoble when required. I think I was unoware of how much the residents valued these sessions until the lost session when they were reflecting on their time porticipating in the workshops. The residents were very emotional obout what they had learnt obout themselves and others during the time with Geese Theotre. One resident fed bock to the group thot this was the most valuable enrichment octivity that she hos everbeen o part of on PIPE and thatshe had taken so muchfrom it. I think this has hod a huge impact on the community and [has helped them withjforming new relotionships and [theirJ understanding of each other." Community As mentioned in the Chairfs report, thanks to additional NPO funding from Art5 Council England, we have been able to develop a new community initiative in Wolverhampton. We are working closely with the Service User Involvement Team in the city to provide opportunities for people with experience of the criminal justice system to engage in creative projects. In January 2024 we worked with a group of six people overtwelve se55ions that culminated in a performance to a packed audience at Newhampton Arts Centre. Below is feedback from some of the participants: "I cannot explain how liberated Ifeel. I don't know how, but something ha5 chonged in me and it isfor the good. The project Is so omazing. The only way you could improve it IS to let us do it again." "This is one of the most positive, omozing experiences I have had, not only in my recovery but in my life. I think I huvefound inner strength and copobilities that I never knew I possessed. I truly loved and enjoyed this work- it is amozing.- Page 9
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Training Work We delivered training in the form of performance5, groupwork, presentations, role-play or filmed scenes to thousands of staff working within the criminal justice system and wider social welfare sector5, Students, and members of the public. Conference Performances Audience Number of Projects 25 Days (inc. rehearsal) 40.5 People Days 172 Numbers For Staff 1870 For Students 31 269 Totals 28 47.5 203 2139 Client/Audience Numbers Staff Training Groupwork (for students) Groupwork (for Staff) Groupwork (public) Groupwork (for artists) Presentations (for staff) Presentations (for student) Presentations {public) Filmed Scenes {for staff) Totals Number of Projects Days (inc. rehearsal) People Days 105 12 12 23 149 42 44 130 65 21 11.5 39.5 41 48.5 91.5 556 Page 10
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Examples of training work: Conference Performances Geese practitioners all work permanently and exclusively for the company, which means that they are consta ntly engaged in delivering projects in a wide variety of criminal justice and social welfare settings. Being immersed in the worlds of prison, probation, social work, youth justice, mental health and social work means the company is in a unique position to be able to respond to organisations when they are seeking a bespoke solution for a staff event or conference. Every year we are commissioned to create new performances which explore specific theme5 and 2023124 was no different, with approximately a quarter of all our performances being bespoke. As an example, in October 2023 Solihull Metropolitan Borough Council asked us to create a performance which brought to life findings from a Serious Case Review and which would provoke discussion and debate amongst the multi-agency audience. Following the performance, the commissioner provided the following feedback: "From first communicotion with Geese, they have been brilliontl From moving dates around to accommodate us to being given a brief ot a very late stoge with a number of theme5 that were expertly ond cleverly scripted and then delivered by tolented octors. It's o big thank youfrom us, I know people will be talking about thisfor a long time to come l- Feedback from the audience was universally excellent, including.. "It was reolly moving ond emotive to see real exomples of lived experiences ond stories bought to life and to really drive the point home. It was good hoving points of discussion at different points throughout the performonce. I reollyfelt a ronge of emotions watching it which I didn't expect. It makes the subject more human but has points of relief with the humour. Highly recommend viewing to anyone." Other Staff Training Groupwork for staff can take different forms: using theatre, drama and active methods to enable small groups of professionals to explore challenges they might face in their work and to practise solutions and ways of working in a safe and supportive Space; providing staff with training in specific theatre-based tools and techniques and a space in which to safely practise using the techniques. Page 11
Geese Theatre Company Limited {A Company Limited by Guarantee) Report of the trustees {continued) Year ended 31 March 2024 Often staff training events are commissioned by criminal justice or social welfare organisations but increasingly we are receiving requests from other arts organisations, either because they are interested in developing work in criminal justice settings; want to upskill their staff in working with people with m ultiple di5advantage,' or want to develop their practitioners, facilitation skills. "Our group were highly diverse in what angle they were approaching the trainingfrom - some will be delivering workshops in prisons, some will be working with ex-prisoners, others are coming to itfrom o writing angle. and l am overseeing the whole project. [Thefocilitator] wasfantostic ot ensuring everyone got what they neededfrom the session and making every element relevantfor everyone. He wos totolly engaging ond very responsive / omenable. Not being a facilitator myself I was unsure how 'useful' it would be for me compored to others attending but [thefocilitotor] is a testament to the work that Geese Theatre do ond I think I could do afull week of troining with him and still not want it to end." Participant, Dante or Die Theatre Company "My expectations were to h(Jve a space of reflection ond learn o thing or two. They were beyond fulfilled. This course was absolutely brilliant, it was the best training I've ever had- so beautifully and brilliantly balonced with activities, oction. games ond some incredible reflection. l am so inspired by it, and I have learnt so much and it's galvanised me to learn more." Participant, Camden Roundhouse Financial Review As noted in the Chairfs report, Geese Theatre Company has had a challenging year financially, ending 2023/24 with a deficit of £59,890. This is a result of several factors: Increased staff costs (for both delivery and non-delivery staffl following salary increases in April 2023 and the expansion of the administrative team in 2022123. Reduced delivery capacity following the departure of a trainee practitioner and an unsuccessful round of recruitment for their replacement. The postponement of planned Spend for some funded projects due to capacity issues, both at Geese and in partner organisations. A quieter than anticipated first half of the year, arising from increased lead time5 for commissioning decisions (our perception being that tighter controls on public sectorspending has resulted in some proposals requiring sign-off at higher management levels). Loss of some regular work due to client 5taffinglprocurement process changes. Page 12
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Total income for 2023124 of £537,855 was down £1,963 or 0.4¥0 on the previous year 12023: £539,818). A slight decrease in income from grants and donations by4Yo to £244,12412023'. £253,116) was offset by increases to both earned and investment income. The former increased by £3,576 or 1.3Yo to £268,625 {2023". £265,049). This 51ight growth was due to increased invoiceable work in secure settings and was achieved despite a decrease in the number of conference performances 128 compared to 54 in the previous year). Expenditure increased to £597,745, up £67,516 or 13% on the previous year (2023: £530,229). Expenditure increased acros5 all budget lines except sundry expenses, with staff c05t5 and support costs seeing the most significant increases and reflecting the experience of the current team. Motor and travel costs and depreciation also increased from 2022123, resulting from the ongoing cost-of- living crisis and the purchase of a new vehicle respectively. The company has a clean balance sheet and closes the year with a cash balance of £226,222. At the time of writing {September 20241 Geese has confirmed more than 70¥0 of budgeted invoiceable income and has a healthy pipeline of potential commission5. Staffing costs have decreased following two resignations and a redundancy, whilst capacity is being maintained by use of freelance actor/practitioners where required. The cashflow and budget show that Geese continue5 to be financially viable past March 2025. Principal funding sources Across the sector and beyond, pressure on funders has grown this year, with many programmes oversubscribed and more competition for funding than ever. We are therefore pleased that we have secured grants for continuing and new projects. As noted in the Chairfs report, 2023124 was the first year of our new National Portfolio Organisation (NPOI funding, and Arts Council England has confirmed that the portfolio will continue into 2026/27, Subject to approval of financial information. This funding includes an uplift on the funding we received previously as an NPO, which we requested to allow us to develop links across arts, criminal justice and social welfare sectors in Wolverhampton. This first year has seen creative projects in HMP Oakwood. with the Service User Involvement Team in the community, and training for artists in the sertor. Creative City Legacy Funding, alongside continuing and valued support from the Backstage Trust, enabled Staging Recovery to work with Geese Practitioners and a filmmaker to create a multimedia performance exploring the meaning of 'connection'. Thi5 was also the first year of funding from the William A Cadbury Charitable Trust, supporting the development and delivery of projects for women in HMP Drake Hall with a history of substance misuse. These projects continue into 24/25 and are very successful. We are, as always, extremely grateful to everyone who continues to support Geese in this way. Page 13
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Schedule of Grants and Donations- April 2023 to March 2024 Arts Council England Unrestricted NPO funding towards business 85,000 plan Employability project (Creative 29,178 Licencel grant Grant for filmmaking projects with young people Staging Recovery Ensemble project funding International Collaboration Grant Creative City Legacy Fund Art5 Council England Restricted BBC Children in Need Restricted 18,870 Backstage Trust Restricted 40,915 British Council Restricted 3,743 Birmingham City Council Garfield Weston Restricted 10,000 Restricted Grantfor company development Grant towards a performance in HMP Holme House Grant for partner project with 34,935 SIFA Fireside Grant for projects in HMP Drake Hall 10,000 Hadrian Trust Restricted 1,000 National Lottery Community Fund William A Cadbury Charitable Trust Other Restricted Restricted 8,500 Unrestricted Donations 1,983 244,124 TOTAL Investment powers and policy The executive has the power to invest the moneys of the company not immediately required for its purpose in or upon such investments, securities or properties as may be thought fit. (Based on Object 4.15 of Memorandum and Articles of Association.) However, there are no immediate plans to invest funds in anything other than the company's business bank account. Reserves policy and going concern Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned requirements. The trustees regularly review the level of reserve5 to ensure that the company could continue to function during a period of emergency. Currently, the Board aims to maintain reserves of a minimum of two months of expenditure and has a review mechanism in place should the reserves look to breach this. Unrestricted reserves were £166,797 at 315t March 2024 and represent just over 3.5 months of planned expenditure for 2024125. The budget for 2024125 shows a surplus of just over £4k and a growth in reserves. Page 14
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Structure. Governance and Management Governing document GeeseTheatre Company is a company limited byguarantee governed by its Memorandum and Articles of Association dated 7th September 1987 and is registered as a charity with the Charity Commission. There are currently 30 members, each of whom agrees to contribute £1 in the event of the charity winding up. Membership is open to any person who meets the criteria outlined in Article 6 of the company's Memorandum and Articles of Association. Appointment of trustees The directors of the company are also charity trustees for the purpose of charity law and, under the Company's Articles, are known as members of the Executive Committee. As set out in the Articles of Association, the Executive Committee is elected by members of the company. One third of the trustees retires each year by rotation. At the AGM in September 2024 Philippa Frith and Claire Owen will retire, and, being eligible, offer themselves for re-election. The executive seeks to retain relevant skills, such as financial, legal and artistic, as well as to represent client group interests on the committee. Trustee induction and tralning New trustees are briefed on their legal obligation5 under charity and company law, and the Charity Commission guidance on public benefit, and are informed of the content of the Memorandum and Articles of Association, the committee and decision-making processes, the business plan and the recent financial performance of the charity. Potential new trustees are interviewed by a committee member and invited to attend two Executive Committee meetings a5 an observer prior to election. An induction pack is supplied to potential new members. This covers: Legal responsibilities The role of a trustee A personal history and declaration form The Memorandum and Articles of Association Page 15
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Organisation The board of trustees, which can have up to 15 members, administers the charity. The board normally meet5 four times a year and there are sub-committees which meet when deemed necessary. Decisions relating to the Strategic direction and policy of the charity are made by the Executive Committee, in close consultation with the CEO/Artistic Director. At the date of thi5 report, the committee has seven members from a variety of professional backgrounds relevant to the work of the charity. The Chief Executive and Artistic Director is appointed by the trustees to manage the day-to-day operations of the charity. To facilitate effective operations, the Chief Executive has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, marketing and personnel. Related parties and co-operation with other organisations None of our trustees receives remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with a client or supplier must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. Related party transactions in the current year are described in note 17 to the accounts. Pay policy for senior staff The board of directors, who are the trusys trustees, and the senior management team together comprise the key management personnel of the charity in charge of directing and operating the trust on a day-to-day basis. No director received remuneration in the yearand details of directors, expenses are disclosed in note 7 to the accounts. The pay of senior staff is reviewed annually and is normally increased to reflect inflation or a change in responsibilities. Risk management The trustees have a risk management policy which comprises: an annual review of the principal risks and uncertainties that the charity faces; the establishment of policies, Systems and procedure5 to mitigate those risks identified in the annual review; and the implementation of procedures designed to mitigate or manage any potential impact on the charity should those risks materialise. Any risks that are defined as high or unacceptable have an owner a55igned and contingency plans formulated. This then becomes a standing agenda item at every Executive Committee meeting to ensure the action is monitored. Page 16
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Trustees, responsibilities In relation to the financial statements The charity trustees {who are a150 the directors of the charitable company for the purposes of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accountingstandards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP- make judgements and accounting estimates that are reasonable and prudent,. state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in busine55. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statement5 may differ from legislation in other jurisdictions. Page 17
Geese Theatre Company Limited (A Company Limited by Guarantee) Report of the trustees (continued) Year ended 31 March 2024 Disclosure of information to auditor Insofar as the trustees are aware: there is no relevant audit information of which the charitable company's auditor is unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any releva nt a udit information and to establish that the auditor is aware of that information. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. By order of the board of trustees: Kobina Hall (Chair) 24 September 2024 Page 18
Independent Auditor's Report to the Members of Geese Theatre Company Limited (A Company Limited by Guarantee) Opinion We have audited the financial statements of Geese Theatre Company Limited (the 'charitable company'} for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" {United Kingdom Generally Accepted Accounting Practice}. In our opinion the financial statements give a true and fair view of the state of the charitable company's affairs as at 31 March 2024, and of its incoming resource5 and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities u nder those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Page 19
Independent Auditor's Report to the Members of Geese Theatre Company Limited (A Company Limited by Guarantee) (continued) Other information The other information comprises the information included in the trustees annual report, other than the financial statements and our auditorfs report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the Trustees, Report have been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept, or the financial statements are not in agreement with the accounting records and returns," or certain disclosure5 of trustees. remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees. Report and from the requirement to prepare a Strategic Report. Page 20
Independent Auditor's Report to the Members of Geese Theatre Company Limited IA Company Limited by Guarantee} (continued) Responsibilities of trustees As explained more fully in the Trustees, Responsibilities statement (set out on page 17}, the trustees {who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intern31 control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable companVs ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basi5 of accounting u nless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will alway5 detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above, to detect material misstatements in respert of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detetting irregularities, including fraud is detailed below: We reviewed the companvs control and risk management procedures and planned our work based on our assessment of those controls and procedures; This review included an assessment of the risk of material misstatement due to errors, fraud and management override of contro15 for all material areas in the financial statements," We made enquiries of management and the company's lawyers regarding any actual or potential litigation and/or claims. Financial statements disclosures were reviewed and checked for compliance with applicable laws," Detailed testing was conducted on balances and transactions including unusual items and those of individual significance to the financial statements; Data analytics were used in order to identify unusual or significant trends; Communications with management and those charged with governance regarding relevant matters was undertaken throughout the audit and on completion. Page 21
Independent Auditor's Report to the Members of Geese Theatre Company Limited (A Company Limited by Guarantee) Auditor's responsibilities for the audit of the financial statements (continued) Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsrespon5ibilites. This description forms part of our auditor's reDOrt. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. è 94AS David W Farnsworth FCA {Senior Statutory Auditor) For and on behalf of Feltons, Statutory Auditor 8 Sovereign Court 8 Graham Street Birmingham Bl 3JR 24 September 2024 Page 22
Geese Theatre Company Limited (A Company Limited by Guarantee) Statement of financial activities (including Income and expenditure account) forthe year ended 31 March 2024 Unrestricted funds Restrlcted Totsl Tot31 funds 2024 2023 Notes Income Grants and donations Incomefrom choritable octivities.. Fund raising Incomefrom troding octivltles.. Rental income. room hlre and Sundry Income 86,983 157,141 244,124 253.116 268,625 268,625 265,049 21,500 21,500 21,000 Investment income 3,606 3,606 653 Total income 380,714 157,141 537,855 539,818 Expenditure Costs of raisingfunds .' Publiclty and marketlng Choritable activities.. Operational and support C05tS 360 360 5,114 440,244 157.141 597,385 525,115 Total expenditure 440,604 157,141 597,745 530,229 Net {expendltureJ / income before transfer5 159,8901 159,8901 9.589 Gros5 transfer5 between funds 13 Net movement In fund5 159,8901 159.8901 9,589 Reconciliation of funds Total funds brought forward 226,687 226.687 217.098 Total funds carried forward 13 166,797 166.797 226,687 All of the charit5 actlvlties derive from continuing operations during the above two financlal periods. The statement of financial attivities includes all gains and1055es recognised during the year. Page 23
Geese Theatre Company Llmited (A Company Llmited by Guarantee) Company Number: 2182104 Balance sheet as at 31 March 2024 Charity number.. 327563 2024 2023 Notes Fixed assets Tangible assets 24,185 3.493 Current assets Debtors Cash at bank and in hand io 59.286 226.222 285,508 55,523 345,308 400,831 Creditors: amounts talling due within one year li 142,896 177.637 Net current assets 142,612 223,194 Net assets 166,797 226,687 Funds of the charitv: Restricted funds General fund 13 Unrestricted funds General fund Capital fund 13 13 142,612 24,185 223,194 3,493 166.797 226,687 Total funds 166.797 226.687 These accounts have been prepared In accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The notes on pages 26 to 34 form part of these occounts. The financlal statements were approved and authorlsed for issue by the Trustees on 24 September 2024 and signed on their behalf by.. wnes Stee Page 24
Geese Theatre Company Limited (A Company Limited by Guarantee) Statement of cash flows for the year ended 31 March 2024 Notes 2024 2023 Net cash flow from operatln8 activities 16 196,7601 23,280 Cash flow from Investing activities Payments to acquire tangible fixed assets 125,932) 12,2171 Interest received 3,606 653 Net cash flow from investing activities (22,326) {1,5641 Net Idecreasel / Increase In cash and cash equlvalents 1119,0861 21,716 Cash and cash equivalents at l April 2023 345.308 323,592 Cash and cash equivalent5 at 31 March 2024 226.222 345,308 Page 25
Geese Theatre Company Limited IA Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2024 l. Accounting policie5 a) Basis of preparation Geese Theatre Company Llmited is a charitable company Ilmited by guarantee. In the event of the charity being wound up, the liability In respect of the guarantee is limited to £1 per member of the charity. The address of the registered office Is glven in the charity information on page l of these financlal statements. The nature ol the charit$ operations and prlncipal activitles are provision of relationshlp support. The charity constitutes a publlc benefit entity as defined by FRS 102. The financlal statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitles preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. the Financial Reporting Standard applicable in the Unlted Kingdom and Republic of Ireland IFRS 102), the Charities Act 2011. the Companies Act 2006 and UK Generally Accepted Accounting Prattice. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented In sterling whlch Is the functional currency of the charity. The significant actounting policies applied In the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated b) Going concern The financial statements have been ppared on a going concem basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for a period of 12 months from the date of authorising these financial staternents. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concem. ) Income recognition All Incoming resources are included In the Statement of Financial Actlvltles ISOFAI when the charity is legally entitled to the Income after any performance condition5 have been me¢ the amount can be measured reliably and it is probable that the Income wlll be received. Grants receivable Grant5 are included in the Ststement of Financial Activities on a receivable basls. The balance of Income receSved for speciflc purp05es but not expended during the period Is shown In the relevant fund5 on the balance sheet. Where income Is received in advance of entitlement of receipt its recognition 15 deferred and included in treditors as deferred income. Where entitlement occur5 before income is received, the Income 15 accrued. Donations Donations are recognlsed on a receivable basls where there Is certainty of recelpt and the amount can be reliably measured. If there are condition5 attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those condltlons are fully met or the fulfilment of those condltlons is Withln the tontrol of the charity and It15 probable that they w511 be fulfilled. Page 26
Geese Theatre Company Limited {A Company Llmited by Guarantee) Notes to the financial statements for the year ended 31 March 2024 (continued) l. Accounting policies Icontlnued) cl Income recognition (continued) Donated services and glfts In kind Donated facilities and donated professional seNices are recognised in Income at their fair value when thelr econom5c benefit 15 probable, It can be MeasUd reliably and the charlty has control over the item. Fair value Is determined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay In the open market for such facilities and seNices. A corresponding amo¥Jnt is recognlsed in exDenditure. Gifts In kind Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset. Interest recelvable Interest on funds held on deposit 15 included when receivable and the amount can be measured reliably by the charity: thi5 is normally upon notification of the interest paid or payable by the bank. Other income Other Income. including the hire of fac51itles, Is recogni5ed in the period it is receivable and to the extent the good5 have been provided or on completion of the service. d) Expendlture recognltion All expenditure is accounted for on an accruals basis and has been classified urbder headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constrLrctive obligation to make payments to third parties. it Is probable that the settlement will be required and the amount of the obligation can be measured reliably. It Is cateEorised under the following headinlls: Costs of generating funds These are costs incurred in attracting voluntary Income, and those Incurred in trading activities that raise funds. Charitable actlvities These are costs incurred In activitie5 undertaken to further the purposes of the charfty and their a550clated support costs. Governance costs These include the costs attributable to the trust's compliance WFth constitutlonal and statutory requlrements. Including audit, strategic management and trustees, meetings and reimbursed expenses. Irrecoverable VAT Is charged as an expense agalnst the activity for which expenditure arose. e) Fund accounting Unrestricted funds are available to spend on activitie5 that further any of the purposes of the tharity. Deslgnated funds are unrestricted funds of the charity whlch the trustees have decided at their discretion to set aside to use for a 5peclfic purpose. Restrirted fund5 are donatlons which the donor has specified a to be solely used for particular areas of the tru5t'5 work or for speclfic artistic projects being undertaken by the trust. Page 27
Geese Theatre Company Llmited (A Company Limited by Guarantee} Notes to the financial statements for the year ended 31 March 2024 (continued) l. Accounting policies (contlnued) f) Allocation of support Costs Support costs are those that assist the work of the charity but do not directly represent charitsble activlties and include ofPice costs, governance costs and administrative payroll costs. Where support costs cannot be directly attributed to particular headings they have been allocated to C05t of raising funds and expenditure on charitable activities. The bases on which sUPPOrt Costs have been allocated are set out in note 5. g) Tangible fixed assets Tangible fixed assets are ststed at cost lor deemed costl or valuation less accumulated depreciation and accumulated impairment losses. Cost Includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a svstematic basis over Its expected useful life a5 follows.. Equipment 25% per annum on a stralght line basis Fixtures and fittings 25Y¢ per annum on a straight line basls Motor vehicles 25Yo per annum on a straight line basi5 h) Debtors Operational and other debtors are recognlsed at the settlement amount due after any trade discount offered. Preoavments are valued at the amount prepaid net of anv trade discounts due. ) Cash at bank and in hand Cash at bank and In hand includes cash and short term hi8hly liquid Investments With a short maturity of three months or less from the date of acqLSiSition or opening of the deposlt or similar account. Il Liabilities Liabilitie5 are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required In settlement, and the amount of the settlement can be estimated reliably. Llabllltles are recognised at the amount that the char¢ty anticipates it will pay to settle the debt or the amount It has received as advanced payments for the goods or services it must provide. k) OperatlnE leases Rentals payable under operating leases are charged to the SOFA on a straight line basls over the period of the lease. 11 Taxation The charity Is an exempt charity withln the meaning of schedule 3 of the Charities Act 2011 and is consldered to pass the tests set out in Paragraph i Schedule 6 Finance Act 2010 and therefore it rneets the definition of a charitsble company for UK corporatlon tax purposes. Page 28
Geese Theatre Company Limited (A Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2024 (continued) 2. Grants and donations Unrestricted fund5 Restricted funds Total 2024 Total 2023 Grants Donatlons 85,000 1,983 157,141 242,141 1.983 251,354 1,762 86,983 157,141 244,124 253.116 3. Investment income Unrestricted funds Restricted funds Total 2024 Total 2023 Dep051t account interest 3,606 3.606 653 3,606 3,606 653 4. Expenditure on charltable activities Work in Secure Settings Work In Community Settings Work wlth Young People Training Work Total 2024 Total 2023 Operational and support Costs Staff costs Project costs Motor and travel Premises costs Trainlng Venue hire Sundry expenses Depreciation Support costs Inote 51 Governance costs {note 51 87,060 1,170 11,095 10,074 1,167 1,446 122 1.265 29.439 1,398 113.090 1,520 14,411 13,084 1,516 1.878 158 1,643 38,240 1,816 28,272 380 3,602 3,272 379 469 41 411 9.560 453 132,162 1.776 16,842 15,292 1,771 2,194 184 1,921 44,689 2,123 360,584 4,846 45.950 41.722 4,833 5,987 505 5,240 121.928 5.790 328,644 3,357 40.633 40,509 4,208 4,575 2,280 2,786 92,693 5.430 144.236 187.356 46,839 218,954 597,385 525,115 Total expenditure on charitsble attivlties was £597,385 12023 £525,115) of which £440.244 12023 - £325.2321 was unrestricted and £157,14112023- £199,883) wa5 restrlcted. Page 29
Geese Theatre Company Limited (A Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2024 (continued) 5. Analysi5 of support and governance costs Basis of allocation General support Governance function Total 2024 Total 2023 Administrative staff General office costs Audlt fees Accountancy services Other 5UPPOrt costs Staff time Usage Governance Governance Usage 50,413 7,035 50,413 7,035 2,140 3,650 64,480 38,790 3,737 1,980 3,450 50,166 2,140 3,650 64,480 121,928 5,790 127.718 98,123 6. Net incomellexpenditurel for the year Net Income I lexpenditurel is stated after charging . Total 2024 Total 2023 Depreciation of tangible fixed assets 5,240 2,786 Operating lease rentals Premises 19.800 19,800 AudStor's remLFneratlon Audit fees Accountsncy service5 2,140 3,650 1,980 3,450 7. Trustees and key management personnel remuneration and expenses The trustees neither received nor waived any remuneration during the year12023 - £nlll. No trustees were relmbursed expenses during the year12023- £130 reimbursed to one trusteel. The Trust con51ders its key management personnel comprise the CEO/Artistlc Direttor, Dirertor of Programmes, Direttor of Funding and Partner5hlp5 and Director of Flnance and Operatlons. The total amount of employee benefits received by key management per50nnel was £164,59212023 - £147,410). Page 30
Geese Theatre Company Limited (A Company Limited by Guarantee) Notes to the financial staternents for the year ended 31 March 2024 (continued) 8. Analysis of staff costs and numbers Staff costs: Total 2024 Total 2023 Wages and salaries Social securlty costs Defined contribution pension schemes 371.605 28,234 11,158 410,997 332,562 24,918 9,954 367,434 No employees received total employee benefits of more than £60,000. Staff number5 . The average monthly number of employees and full time equivalents durlng the year was as follows.. 2024 Number 2024 FTE 2023 Number 2023 FTE Managernent Direct charitable actlvlties Administrative 13 11.1 12 10.7 9. Tanglble fixed asset5 Fixtures & rittings Motor vehlcles Equlpment Total Cost At l April 2023 Additions At 31 March 2024 19,486 60,529 4,432 64,961 23,290 21,500 44.790 103.305 25.932 129,237 19,486 Depreciation At l April 2023 Charge for the year At 31 March 2024 19,398 88 19,486 57,124 2,060 59.184 23,290 3.092 26.382 99,812 5,240 105,052 Net book values At 31 March 2024 5,777 18,408 24.185 At 31 March 2023 88 3.405 3,493 Pa8e 31
Geese Theatre Company Limited (A Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2024 (continued) 10. Debtors Total 2024 Total 2023 Debtors from operations Prepayments and accrued Income 53.152 6,134 48,145 7,378 59,286 55,523 11. Creditors- amounts falling due wlthin one year Total 2024 Total 2023 Creditors from operations Accruals and deferred income 7,906 134,990 11,809 165.828 142,896 177,637 Deferred income Deferred Income at l April 2023 Resources deferred in the year Amounts released from previous years Deferred Income at 31 March 2024 158,850 95,422 1126.2541 128.018 175,929 131.243 1148,3221 158,850 At the balance sheet date the charlty was holding funds received in advance for grants Whe the qualifying expenditure is expected to be incurred in a future year. 12. Commltments under operating leases At 31 March 2024 the charitywa5 committed to making the following payments under non-cancellable operating leases.. Land and buildings Total Total 2024 2023 Within one year Within two to five year5 inclusive In over five years 19.800 79,200 34,650 133,650 19,800 79.200 54,450 153,450 Page 32
Geese Theatre Company Limited (A Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2024 {contlnued) 13. Analysls of funds Balance at l April 2023 Balance at 31 March 2024 Incoming resources Resources expended Transfers Restricted funds General fund 157,141 1157,1411 Unrestricted funds General fund Capital fund 223,194 3,493 226,687 380,714 1440,6041 120,6921 20,692 142,612 24,185 166.797 380,714 1440,6041 Total fund5 226,687 537.855 1597,7451 166,797 Name offund Description, nature and purpose of fund Restricted general fund Money given to the charity where the donor requires that a grant or donation be spent for a 5peclfic project or asset. Unrestricted general fund The free reserves of the charity which are not designated for particular purpose5. Capltal fund Free reserves whlch have been spent on acquiring fixed assets. An annual transfer is made relating to the depreciation thereon and other movements on fixed assets. 14. Analy515 of net assets between funds Fund balances at 31 March 2024 are represented by: Restrlcted General Unrestricted General Capltal Total funds Tangible fixed assets Current a55ets Current liabilities Total net assets 24,185 24,185 285,508 1142.8961 166,797 285,508 1142,8961 142,612 24,185 Page 33
Geese Theatre Company Limited {A Company Limited by Guarantee) Notes to the financial staternents for the year ended 31 March 2024 (continued) 15. Capital commltments There were no capital commitments at 31 March 202412023- £nill. 16. Reconciliatlon of net incomellexpenditurel to net cash flow from operating activities Total 2024 Total 2023 Net lexpenditurel / income for the year Depreciation Interest receivable Ilncreasel I decrease in debtors Decrease in creditors 159,8901 5.240 13,6061 13,7631 134,7411 9,589 2.786 16531 28,803 117,2451 Net cash flow from operatlng activities 196,7601 23,280 17. Related party transactions The following related party transactions took place during the period 2024 2023 Blrmlngham Psychodrama Limited Charltable company In which Clark Balmls a direttor Seryices recharged to related party during the year I,ioo 1,000 Page 34
Geese Theatre Company Limited DETAILED INCOME AND EXPENDITURE ACCOUNT for the year ended 31 March 2024 2024 2023 INCOMING RESOURCES Fund raising Grants Donations Rental income. room hire and sundry income Interest 268.625 242,141 1,983 21,500 3,606 265,049 251,354 1,762 21,000 653 537,855 539,818 GENERATING FUNDS Publicity and marketing 360 5,114 COSTS OF AcfiviTIES IN FURTHERANCE OF THE CHARITY OBJECTS Wages and salaries Rent and property COStS Venue hire Telephone and postage Office expenses Training and recruitment Consultancy and professional fees Delivery travel and subsistence Motor expenses and non-delivery travel Accommodation Insurance Project costs Sundry expenses Depreciation 410,997 31,779 5.987 453 6,581 4.833 64,481 15.319 2.885 27,746 9,943 4,846 505 5.240 367,434 32,098 4.575 2,308 1.429 4,208 50,166 17,141 4,937 18,555 8,411 3,357 2,280 2,786 591,595 519,685 GOVERNANCE COSTS Accountancy Audit 3,650 2,140 3,450 1,980 5,790 5,430 (DEFICIT) / SURPLUS FOR THE YEAR {59,8901 9,589 Thi5 page does notform port of the 5tatutoryfinancial statement5. Page 35