Charity RegIst￿tion No. 508829
Company Registraition No. 01415547 (IDgland and Wales)
THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMrrED BY
CUARANTEE)
ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
111
*ABE7NRR6*
08110rd022
COMPANIES HOUSE
A15
#73

THE OLDItAM COLISEUM THEATrE LIMITED (A COMPANY LIMITED BY
GUARANTEE)
coNrENTS
Page
Group Tn￿tees, and Directors. report
1-14
Consolidated independent auditofs rep)rt
15-18
Consolidaied statement of financial activities
19
Consolidated balanc¢ 5h¢d
20
Consolidated Statement of cash flows
21
Notes to the accounts
22-35

ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS YEAR
ENDED 31 MARCH 2022
CHAIR'S FOREWORD
It is wth great pleasure that I submit my Report as Chair of the Board of Trustees of Oklham
Coliseum Thealre Limited for the year April 2021 to March 2022.
Yet again we had to live Vdith Covid throughout much of this last year but al long last we
were able to open our doors fulty to audiences for what were wonderful Autumn I Winler and
.Spring I Summer seasons. Our panto was back loo, filling our fabulous audilorium full of
laughter amidsl the smiling children and adurts whith packed its seats. It is good lo remind
ourselves that we are here to entertain and Artislic Director Chris Lawson and his team
brought that to us all through our most diverse series of plays. musicals and events. Whether
you sat in our auditorium. watched the Coliseum at Oldham Library or interactively from the
comfort of your own sofa, we hope you enjoyed our shows.
Our other main focus is to connect wlh people fr(￿￿ across the vthole of our local ccThmunity
and beyond. Alongside welcoming audiences to our shows, the Leaming and Engagement
Team continue to WO￿ with local organisatKJns. communilies and the wider health and
education seNices lo help give people the chance to create and develop their skills in an
artistic and cseative environment. This work goes from strength to strength each year.
The leam have worked hard to make the theatre as welcoming as possible, and whilst we
cannot change Ihe size of the public areas. the revamped bar and shop areas are now more
accessible. The front of house and housekeeping team have V￿rked hard to make
everyone's visit as safe as F4)ssible Covid measures in place throughout the building.
The Board of Trustees viish to thank the Chief Executive Officer. Artist￿ Director and all the
staff and volunteer leams who have V￿rked so hard throughoLrt this last 12 months. It is only
through their endeavour that we have been able lo come back from Covid closure so
strongly. We also thank those staff who have either retired or left for other career
opportunities, for all their commilmenl and we wish them all the very best for their futures.
We continue to work with Oklham Counal and Arts Counal England in the ongoing
development of a new perfomiance Spa￿ in Oldham. We all remain committed to making
this happen and much work has been d¢Me in this last year to further the plans and funding
of this new multi-use space, which will be a huge asset for the people of Oldham to use as
well as the new home lor Oldham Coliseum.
We, like many businesses in lockdown, were rpr.ipienls of Govemment support which
(alongside the extra support received from Oldham Council during this timel has enabled us
to survive when we unat￿e to operale. Grants from other Foundations and ongoing statutory
support from both Oldham Ccwjnal and GMCA allow us to continue to work trf)th as a Iheatre
and as a centre of artistic leaming and engagement."Wtlhout the huge financial support from
Arts Council England. the Coliseurn would not be able to operate in its present form. We
remain indebted lo them for their continued belief in cHJr shared vision and their support of
our work.

The Board of Trustees have been fa￿d with some crttical challenges this year and we have
undertaken several pieces of work to l(KJk more closely at how we operate both as a board
and as an organisation. This has been challenging and added greatly to the time my fellow
trustees already commtt in temis of serving on the Board. I wish to thank them all for their
huge commitment and viisdom as we continue to evolve as an organisation. Two new
Trvslees were fomially appointed throughout this year. bringing additional skills and
experttse. We also said a reluctsnl goodbye to Jeremy Woodhou5e who resigned from the
Board. We thank him for all his work over several years and wish him well in his role at
Chithesler Festival Theatre.
Finally we thank all of our supporters. okl and new. for their ￿nb.nLfred support and
sponsorship. Your support has been invaluable.
We are Ihrilled our stage is lit once again and we l¢yJk forward to seeing you in our theatre in
the year ahead.
Jan O'connor

General Infonnation
Trustees and Directors
Jan O'connor (Chairl
Cllr Barbara Brownridge
Anwar Mi OBE
Stuart Brornley (Irom 515121)
Brigit Egan (sabbalical)
Sandy Hawkins OBE
Rachel Jones
Sadia Rahman Naseer {from 817121)
Martin R(xhe
Jeremy Woodhouse (resigned 2112122)
Cllr Sam AVH2mdani
{Elected Trustee)
{OMBC Appointed Trustee)
{Elected Trustee)
(Elected Trustee)
{Elected Trustee)
(Elected Trustee)
(Elected Trustee)
{Elected Trustee)
{Elected Trustee)
(Elected Trustee)
(OMBC Appointed Trustee)
Observers representing Coliseum Youth Advisory Board:
NIA due to Covid-19
Company Se¢retsry
Susan Wildman
Registered Office and Trading Address
The Oldham Coliseum Theatre
Fairbottom Street
Oldham
OL1 3SW
Senior Statutory Auditor
Michael Royle BA(Hons)FCA
Auditors
Chadwick and Company
Chartered Accountants and Statutory Auditor
Capital House
272 Manchester Road
Droylsden
Manchester
M43 6PW
Bankers
C&operalive Bank plc
35B The Spindles
Oldham
OL1 1HE
Nal West Bank plc
10 Yofkshire Street
Oldham
OL1 1QT
Virgin Money plc
47 Market Place
Oldham
OL13A8
Key Officers of the Charity
Chief Executive Susan Wildman
Artistic Director Chris Lawson

The trustees present their forty4hird report and the audited accounts for the year
ended 31 March 2022.
Objects and Activities
Oldham Collseum's Objects
The charity was established lo promote. maintain, improve and advance education
by encouraging the arts in general and Contem￿ary music. fine crafts and arts in
particular.
Activity. Vision and Mission
The Coliseum's principal actiwty is the staging of theatrical productions and offering
opportunities for beneficiaries to engage in learning activities through participalion in cultural
production.
Our Vision and Misslon
Vlsion
The Collseum Theatre's vislon is to enhance and enrich the lives and lrfe
chances of the people of Oldham and to inspire a new generation of artists.
Mission
Values
Oldham Coliseum is the leading
cultural organisation in Oldham,
supporting its vibrant and diverse
community with great theatre and
opportunities to learn and engage
with arts and culture.
In support of artistic excellence. we
commit to the following values:
Innovation.. embracing new ways
of working to achieve wsitive
change
Creativity.. enabling imaginalive ideas
to flourish
Inclusiveness.. involwng people
who might otherwise t
marginalised and with a focus on
supporting ethnic minority,
LGBTQl+ disabled and working-
class communities
Community: promoting a strong ethos
of service to the public, based on
teamwork and mutual respect
Collaboration.. working with a wide
range of stakeholders and partners
We will deliver this through
collaboration, inspiring artists and
our communities to deliver
exciting new work; we will do this
in spaces and places around
Oldham.
We will also seek to support the
wider cultural sector. creating
work of a high quality with an
appeal beyond Oldham.

Aims
i. Commission. produce and present exceptional work relevant to our
communities
2. Develop and support new and emerging talent within Oldham.
Greater Manchester and the wider region, wdening access to artists
th protected characteristics and supporting artists to develop and
express their creativity
3. Provide a range of accessible participatory proiects and establish a centre
of educational ex￿llenCe for theatre
4. Develop new arts aUdIen￿S for the future
5. Ensure a sustainable and well-managed cornpany. defined by good
govemance, inclusive leadership and effective financial and environmental
stewardship

Summary of the main aclivitles and achievements during 2021-22
OveNiew of the year
As reported in our Annual Report for 202Ck21, the Coliseum closed its doors on 16 March
2020 for only the second lime in its history. We did not re-open again to the public until May
2021, with an event celebrating Roma herilage and music.
This was the oulcome of a five-year collaboration wtth Roma-led chartty Kaskosan. li is a
good example of the work we undertake wth Oldham's communtties, enhanung mental
wellbeing through arts activity. Very much in the spiril of our business plan. it exiends ￿81
we do on stage and demnstrales our commitrnent to Ihe borough of Oldham.
This event alkjwed us to test our Covid-safe welcome and to pilot new ways of working. We
also welcomed leading politicians into our building- the first non-theatre staff to see the
Coliseum stage in over a year- as soon as pemission was given for the hospilalty sector to
re-open.
We decided to adopl a "most likely scenario" approach and to respond flexibly as the
pandemic continued. Our objectives f<￿ 2021-22 were:
To provide inspiring leaming experiences that engage a diverse range of children and
young people in cultural education and training. and through this. facilitate clear
progression routes, so Ihat these young people are supported n pursuing a career in
the Ferfoming arts.
To further develop and extend the Coliseum's read) into targeted communrties,
providing opportunities for partiapanls to explore, connect and refiect on the wotld
around them through co-produced theatre projects.
To produce a specific and highty relevant programme of cultural production with and for
people of British South Asian Heritage.
To play a fijll rde in the Oklham Partnership Board, and respond lo the outcome of the
decision on the Town Investment Plan by working with the counal and other partners to
meet deadlines for adion on a Fdanned new perf0rrnan￿ space.
During 2021-22 we delivered the folk)wing:
Whodunnit at the Coliseum, a digttawinleradive murder mystery show in cc
production with Front Room Prc*Juctions
7 digital micro-commissions
A virtual theatre tour and talk pack to 10 EdUCat￿n Partner Schtsjls
Teaching Theatre Pathways to 10 NEET young people, and continued 4 Palhways
Ne￿ork Legacy sessions with previous participants
An Acom digital Live Z￿rn production in assouation wth Impel Theatre troronto)-
2 Toronto actors and 2 Gm-based actors

Rernole participatory work wth marginalised gr{￿pS through Full Cirde online and
'Stsmp'.
Chateau Ghoul digilal show by Lipservice
Start of KALI Theatre wrtters prqect for South Asian Female idenlfying artists (with
Leeds Playhouse & Hampstead Theatre)
Support for the Children's Shakespeare Festival through online ffilm (in partnership
with North West Drama Services)
Pride Events induding Cabaret night and showcasing of 2 supported artists {with
LGBTQI nettvork and Oklham Pride)
A Culture Trail fc￿ primary sch(K)Is, pr(Nnoting physical wellbeing and use of green
spaces The Great8St Play in the History of Ihe World, re￿penIng our drama offer
A new Coliseum website, whith went live in July 2020
Outreach sessions with Oldham's Roma young people Love N Stuff, a Coli5eum-
produced show directed by Gitika Buttoo. in aSS￿latIon with and transferring to
Waltord Palace
Our successful panto Aladdin
2 Young Rep tours {online and in person), engaging c 300 earfy years, children &
families.
Some of our work could not go ahead as planned ￿th 7 productions Can￿lled and 30
performances cancelled as a direct resull of the pandemic.
Restrictions introduced during Covid further reduc£d our capacty by 16.897 seats lan
eslimated equivalent loss of £116.855)-
During 2021-22 the average number of visits to our website per month was between 10.001
and 20.000- a substantial increase on 2021>21. We also generated a similar number of
unique visitors.
In tems of social media. we have 13.032 follovlers on Twtter, 10.855 on Faceb(M)k and
3,293 on Instagram. We also have followers on Linkedln and YouTube. Last year there
were 82 uploads of new content. wilh viwng figures of 20.491 (more than double Ihe
previous year). Our total in-year viewing figure lor all content was 43,845.
Our leaming activity options offered a total of 206 sessionslevenls in 2021-22, all but two of
these for children and young people. A total of 6.782 young people and 50 adults took part.

Public Benefit
In shaping our objectives for the year and planning our aclivities. the trustees have
considered the Charity Commission's guidance on public benefit. including the charging of
fees. The charity relies on the income from grants army from fees and charges lo cover its
operating costs.
In setting ihe level of fees and charges. ￿nCipallY the price of tickets for theatre shows. the
truslees give c(N)sideration to the accessibility to activities for those on low income. offering
tickets at discounted rates, including an initialive to encourage attendance at its productions
by people under the age of 26. The theatre also offers many free participatory activilies.
Anal
sis of Public Benefit
The types of benefit that these objects wcffiote are to..
advance attendance at and therefore advance apprecialion of beneficiaries in a
variety of performance events, induding drama. dance and music-making"
advance pa￿CIpatiOn in and therefore advance appreciation of beneficiaries in a
variety of artisti¢ fomis, including drama. dan￿. writing. music-making, ¢yafts and
digital arts-
provide educational opportunities for benefiaaries through specific training
programmes and by partiopation. or attendance al artistic events.
facilitate swal integration and cohesion by prowding opportunities for people from
dtfferent bacJ(grounds to participate in artistic actr￿lIeS together, fostering a better
understanding of each others cajltures.
The performance and participatory programme is constantly under review lo respond to
patterns of attendance. and demographic and LK)x office data is analysed lo enable the
Company to target under-represented groups. In 2021-22. we continued to respond to the
community's needs during the coronavirus pandemic by creating digital and online
opportunits'es for particspation and engagement and by offering socially distanced
performances for vulnerable and more cautious audience members.
The Coliseum ¢￿tInueS to support the Greater Manchester arts ecology, wrxking in co-
operation with the region's theatres and arts organisations. to deliver a comprehensive and
diverse programme of work for visitors to Ihe region and its residents. We provide
opportunities for emerging companies and artisls. including showcasing platforms through
our studio Ihealre. We support universities and drama schools to promote learning within Ihe
theatre induslries. We provide a range of opportunities f(K young people in Greater
Manchester io develop skills and explore pathways into Ihe creative industries.
The aim of our main stage and studio progr8mme is lo enhance the well-being of residents
and positively contribute to pla￿ making. whilst supporting the work of emerging artists
and local talent. During the pandemic we continued to make our work widely available and
supported a wide range of artists through our creative output.
Programmes of activity are open to the general public. bul beneficiaries who access the
Coliseum's performances and partiapatory work are prinapally resident in the Norlh West
region of England and predominantly live within the boroughs of Oldham. Tameside.
Rochdale and Manchester.

The Coliseum undertakes to minimise its environmental impact as far as possible. We
continue lo make conscious choices about our operations that are respectful of the
environment and our use of resources.
Volunteers
The Coliseum is extremely grateful to the volunteers who work with the company, particularly
our team of over 40 Customer Experience Volunteers who are involved in the smooth
running of front-of-house activities and give all visitors the best possible welcome to the
theatre.
Directors, View
It Is the view of the board of trustees of Oldham Coliseum Theatre that the actNities
carried out during the period April 2021 to March 2022 fulfilled the principal specific
aims of the programme outlined above. despite the challenges presented by the coronavirus
pandemic. The activty of the charity therefore offers public benefit as it advances
appreciation of the perfom)ance and participatory events for beneficiaries during the year.
provides diverse educational opportunities and facilitates social integration by providing
opportunilies fw people from different backgrounds to parknapate in artistic aclivities together.
FINANCIAL REVIEW
Principal Funding Sources
The charty acknowledges thanks the continuing revenue funding from three
principal slakeholders-
• Arts Counul England
. Greater Manchester Combined Authority
. Oldham Counul.
The genercHJs investmenls from these organisations enables the charity to deliver ils diverse
and ambitious programme of cultural activity.
The trustees are thankful to all donors who have financially supported the charity over this
last 12 months.

The Coliseum Theatre benefitted from finanaal supwrt from the following sources in
2021-22 to support specific proiect-based actiwty:
Source
Activity supported
Support to the Leaming and Educalion
programme- LED general
Support to the Leaming and Education
programme- Roma Connections
Support to the Leaming and Education
prcKJramme- Teaching Theat￿ Pathways
Support to the Leaming and Education
prcrt3ramme- Daisy Nook heritage trail
Supwrt to the Learning and Education
programme- Digttal Ccmmunities
Jigsaw Foundation- £5,513
Ideas FurKfj- £28,568
ESF Community Grant- £2.481
GM Action Together- £4.500
Granada Foundation- £5,000
TOTAL £46.062
Business perfonnance
Core public funding over the 3-year period has remained constant and additional funding has
been obtained again this year as a result of the pandemic. Tolal funding has decreased by
£242k from the previous year. Funding has enabled reserves to be strengthened and has
supported the continued operabon of the Coliseum. Included in this figure is £26k received
from the Coronavirus Job Retention Scheme (2021.. £243k).
Financial Results and Resen￿6
Income has increased to £2.005,493 {2021.- £1,485,186)- Expenditure has increased to
£1,767,395 (2021.. £1,186,808). Net In￿mIng resources in the year are £321,862 (2021..
£314,921).
Investments Policy
The trustees seek the most appropriate policy for investing fvnds. Investment during the year
generated £7712021.. £960).
Reserves Policy
The amount of unrestricted reserves at 31 March 2022 was £665.805 (2021: £360,159). The
level of these reserves is constantly monitore(J. The Irustees consider thal this level of
reserves is necessary as a significant amount of its funding is awarded on a project or annual
basis and therefore there is no certainty that the level of funding required to continue and
develop the company's aclivits.es will be guaranteed.
PLANS FOR 2022-23
Our plans for the ccming year include the folk)wryng objectives.
We will ensure we welcome family audiences by produong ts¥o family shows and increasing
family programming. Our artistic programme will indude-
io

A Coliseum prOduCt￿n of The Jungle Book for a tsmily audience at Easter, Beryl by
Maxine Peake and a Coliseurn Premiere of commissioned play We Should definitely
have more dancing, by lan Kershaw and Clara Darcy which tours to Edinburgh and
regional theatres. and a traditional Christmas panto Robin Hood (a new title in place
of Mother Goose)
A drama offer which includes a main stage produdion of 'My Voice Was Heard, by
ColiseumlRed Ladder. vistting drama Jitney CA>produced by Headlong and Leeds
Playhouse and 5 visiting weeks including Northem Broadsides lQuality st￿et), John
Godber Company, GI￿erBall by Rrfco, Crimes on cent￿ Court and When Darkness
Falls
13 visiting one-night events
We are supporting artist development through a parlnership project with disabled-led
company Vital Exposure and by supporting seven Artislic AS$(￿lateS. We will develop and
support artists and underrepresented groups and wll host a one-week Cullivate Feslival for
emerging artists across the region.
We will continue to provide inspiring leaming experiences that engage a diverse range of
children and young people in cultural education and training, and through this, facilitate clear
progression routes. so thal Ihese young peopie are supported in pursuing a career in
the performing arts.
Our work with young people will include a Children's Shakespeare Festival in partnership
with North Wesl Drama serVi￿S. We plan to engage arca 500 young people in our
Secondary Education Partnership Stheme and C￿tInue our V￿rk as an Artsmark partner,
suppor1ing a minimum of 4 schools through theirArtsmaTkjoumey. Our Teaching Theatre
Palhways programme for NEET young wll continue and ￿￿ wll deliver a focused education
programme for children who are new arrivals and for Roma children and young people in
partnership wth Greenacres School and Kaskosan.
We wll also produce a specific and highly relevant programme of cultural production
with minorily elhnic communities. in particular people of British SoLrth Asian and Gypsy.
Roma and Traveller IGRTI Heritage. This wll indude three Gypsy Jam events and a Khushi
Festival in August. We will launch an adult strand of RcK)ts to Routes following Khushi and
Continue to work with children and young people from rninortty ethnic backgrounds in
partnership wth Kingsway Park High School.
We will continue to serve Oldham and enhan￿ the health and wellbeing of Oldham's
communities through arts provision thal builds creatiwty and social connections. Our Roma
well-being project in partnership wth Kaskosan and Universty of Salford wll continue
alongside our work wth Regenda Homes to address loneliness and isolation in Hollinwood.
We wll pibl a series of 6 accessible adull acting dasses and expkjre devekfyping a legacy
project for Pakistani women engaged in Ageing Equally. in partnership with Chai Projects.
We will continue to review our suppliers and seek to buy from I￿al suppliers wherever
possible. or from suppliers closer to Oldham.
The Coliseurn has worked wth Oldham Council throughout 2021-22 on a project to create a
new performance space in Oldham. This project, whith awaits the outcome of a final
li

business case presented in support of Town Deal funding, wll continue during 2022-23. We
will continue lo support the design team delivering this project, helping them to design a
building which wll serve as a new home for the Coliseum and which will encourage artistic
partnerships across the borough. The year will see us work (M) a business plan which will
take us towards this new home.
structure and Govemance
ststus
The Oldham Coliseum Thealre Ltd (the Coliseum) is a company limited by guarantee
and registered under the Companies Act 1985, registration number 1415547. Its activities
are govemed by its Memorandum and Articles of Association given at Companies House,
Cardiff, incorporated on 16 February 1979. as amended on 1 October 1996, 9 July 2003. 28
June 2007 and 1 December 2016. It is a registered charity. charity number 508829.
registered 26 June 1979. The Company has been granted exemption from Corporation Tax
as a charity under Section 9(4) Income and Corporation Taxes Act 1988.
The directors are trustees of the Oldham Coliseum Theatre Ltd. and r￿1Ve no remuneralion
for Iheir services.
Membership of Oldham Coltseum Theatre
Membership of Oldham Coliseum Theatre is open to any indivKfjual approved and resolved to
be admitted by the board of Iruslees. The numt*r of members of the Coliseum shall not
exceed 50. The cu￿ent mernbership is 8 people, being truslees of the organisation.
Appointment and duties of Trustees
The policy of Ihe Coliseum is to advertise for new trustees and appoint according io crileria
set down in a role description. Trustees can only be appointed from the membership of the
Coliseum.
The trustees have the power of appointir￿ new trustees al Iheir Board meetings. New
trustees are then wnfimied in their posts al the next annual general meeting. Truslees retire
after three years. Servi￿ at the annual general meets.ng and may sland for re*leclion al that
meeting, subject to the number of iemis served. On appoinlment trustees receive a written
induction which contsins a summary of their legal status and responsibilities. the Coliseum's
memorandum and artides of assouation. the most recent business plan and annual report,
including audited accounts.
The board of trustees meel each month fc￿ etlher a fomal board meeting or focus meeling.
Meetings are either on z(￿M or in person. There have been ten formal, four extraordinary
and two infonnal meetings in the past year. The board may have a maximum of 18
members. Of that number up to four members are councillors" are appointed by Oldham
Council and two may be appointed by the Greater Manchester Combined Authorily. GMCA
irKlicated that Ihey would not be appointing two councilbrs lo serve on the Board in 2021-22.
One trustee stepped down in February 2022 and one continued a period of sabbatical. Two
were confirmed as trustees following a perK)d as observers.
12

There are standing committees of the t*)ard whith at March 2022 were fc￿ finan￿. audience
development & marf(eting. and personnel. All committees report back to the board.
Trustees delegate operational managernent of the Coliseum to the Chief Executive,
monitoring activity through Board meetings. This tN)sitson is a key officer, accountable to the
board, with responsibility for the business fijnctions of the Coliseum. The Chief Executive
works ak)ngside the Artistic Diredor: together they make up the Coliseum's Executive team.
The Artistic Director is a permanent appointment. The Chief ExecLrtive is on a fixed-te
contract to March 2023.
The trustees reserve the right to make l¢Jng-tenn strategic decisions concerning the mission.
aims and objedives of the company.
SL￿ernent of the review of risks
The Coliseurn is in receipt of core funding from Arts Council England as a National P(Mtfolio
Organisalion {NPO). This funding was extended. on application. for the financial year 2022-
23. A further application for NPO funding has been submitted and a decision is awaited.
Throughout 2021-22. the Cdiseum worked to a Business Plan approved by the Board and
submitted to Arts Counul England {ACEI. Regular reports were provided to ACE by the
Coliseum.
A Risk Regisler, which indudes risks relating to Covid-19, is kept by the Chief Executive and
shared regularly with the Finance Committee and with the Board.
The Coliseum continued to be affected by the coronavirus pandemic throughout 2021-22- it
did not re-open following lockdown until May 2021. The theatre ￿mained subject to
restiictions throughout this financial year and was affected by the loss of shows (and
therefore loss of incorne) due lo Cowd-19.
The charity receives approximately 31 % of its inuyne from ticket and ancillary sales. It is
therefore vulnerable lo a reduction in sales inc￿e. A realistic approach to sales targets has
been taken, with a view lo carefully monitoring the sales and reforecasting if necessary. The
theatre programme evolves lo recognise the changing financial climate and the need to both
retain existing audiences and attract new ones.
The charity continues to mitigate risk by maximising its potential to access external sources
of income. such as individual giving. point of sale donations. business sponsorships 2nd
partnerships with key stakeholders locally and across Ihe city region. It also applied
successfully for additional pandernic-related funding during 2021-22.
Statement of Disclosure of Infomiation to Auditors
So far as each trustee at the date of approval of this report 15 aware..
There is no relevant audit infomiation of which the company's auditors are unaware-
and
13

• The trustees have taken 211 steps that they ought lo have taken to make themselves
aware of any relevant audtt information and to establish that the auditors are aware of
that informati￿.
Stalement of Trustees, Responsibilities
The trustees, who are also the directors of The Oldham Coliseum Theatre Limited {a
Company limited by guarantee) for Ihe purpose of company law, are responsible for
preparing the Trustees'lDirectors' ReFQrt and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted AcC￿lnting Practice).
Company Law requires the Trustees lo prepare finanaal statements for each financial year
which give a true and fair view of the slate of affairs of the company and of the incoming
resources and application of resources, including the income and expenditure. of the
charitsble company for that year.
In preparing these finarrial statemenls. the trustees are required to=
select suitable accounting polictes and then apply them consistently
observe the methods and principles in the Charities SORP
make judgements and eslimates that are reasonable and prudenl
stste vthelher applicable UK Accounting Standards have been followed, subject to
any material departures disdosed and explained in the financial slatements. and
prepare the financial slalements on the going CL)ncern basis unless it is
inappropriate to presume that the company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with
reasonable accuracy at any time the financial position of the company and enable them to
ensure that the financial slatements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the company arid hence for tsking reasonable
steps for the preventK)n and deledion of fraud and other irregularities.
Auditors
Chadwick and Company have expressed their willingness to accept reappointment.
Approved by the Trustees and signed on their behalf by
JAN O'CONNOR
. Dale.. 5 (ktober 2022
Jan O'connor
Director and Chair of the Board of Trustees
14

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMtTED BY
GUARANTEE)
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OFTHE OLDHAM COLISEUM THEATRE LIMrrED (A COMPANY
LIMtTED BY GUARANTEE)
Opinion
We have audited tb¢ consolidated fmancial 5tstements of The Oldham Coliscum Tbeatre Litnited (the 'parent
charity,) and its trnding subsidiary for the year ended 31 March 2022 which ¢omprise the consolidaied
ststement of fuwicial activities, the consoltdated balance sheeL the consolidated ststement of cath flows and
the notes to the consolidated financial ststeTnents, including A summary of si8nificaDt accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
AccountlDg StaDdards. includiDg Finarlcial ReportiDg Stsndard 102 The Fipts7ncial Reporting Siandard
applicable in ihe UK and Republic oflreland (United KiDgdoTn Generally Accepted Accounting Practice).
In our Opinion, the firyaocial ststetnents..
give a true 8nd fair view of the state of the wp and ctlaritable company's affairs as ai 31 March 2022
and of its incoming resowce5 and application of resources, for the year then ended.
have been properly prepared in accordance with Uniied Kingdom Generally Accepted Accouniitig
Practice. and
have been prepared in a¢cordallce with the requimenLS of the Companies Act 2006.
Basis for opinion
We conducted our audlt ill #ccordance with Itsten￿tIonaI Sratthds on Auditing (UK) {ISAs IUK)) at
applicable law. Our responsibilities under those standards are fi￿ther described in the Audz'tOTS responsibilities
for the audEi of ihe finonciol S¢oiemenLV section of our report. We are independent of the company in
accordance with tbe ethical Tequirements that are relevant to our audit of the finau¢i#l ststetnents in ttrle UK,
including the FRC'S Ethical Standar(L aud we havc fidrill￿ our oth¢r rthical respollsibilities in accordance
wi¢h these requirements. We believe that the audit evid¢ne¢ we have obtsined is sufficient and appropriate to
PTovide a bAsis for our opinion.
Conclusions relating to going concern
auditing th¢ fllwicial stst¢m¢nts, we hav¢ concluded that the Trustees'ldirectors. use of th¢ going concern
basis of ac¢ounting in the preparation of th¢ fLtwi¢ial ststements is approptiate.
Based on the work w¢ have perfornied, we have not identified any material Lmcertainties relAting to events or
conditions tbat, individually or collectively. may cast signiflcant doubt on the 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 Tn]stees with tespect to going concern ar¢ dts¢ribed in the
relevant sections of this repotL
15

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMITED BY
GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE OLDHAM COLISEUM THEATRE LtMITED (A COMPANY
LIMITED BY GUARANTEE)
Other information
The other illforrnation cornprises the infomiation included in the annual report other than the f￿ancIal
statements and our auditor's report thcrwn. The Trustees are resp)nsible for the other informatlOD contained
wiihin the anDual report. Our opinion on the financial statements does not cover tbe otber iDfornJatioll and,
except to the extent otberwise explicitly stated in our r¢porL we do nol cxprcss any foTm of asswance
conclusion thereon. Our responsibility 15 to read the other inforniation and. in doing so, consider whether the
other information 15 materially inconsistent with tbe fmancial statements oi our knowledge obtained in the
course of the audiL or otherwise Appears to be materÈally misstated. If we ideDtify suctrl material
inconsi5tencie5 or apparent material rnisstateTnerLts. we are rquired to detern]ine whether this gives rise to a
material misStstcn￿nt in the fu￿￿tIal statements themselves. If. based on th¢ work we have F¢rformed, we
Dclud¢ that th¢r¢ is a material tnisstatement of this other inforniatioD. we arc requir¢d to report that fact.
We have nothing to report io this regartl
Opinions on other m2tters prescribed by the Companies Act 2006
In OUT opinion. based on the work undertaketl in the course of our auth"t:
the inforniation given ID the T￿￿te¢S./dIrCctorS. rqx)rL which incbJde5 the directors, report prepared for
the purposes of company law. for the finan¢i81 year for which the financial statements are prepared is
consistent with the finantial ststernettts. and
the directors, report included within tbe Tn￿tees,/dl[C¢torS, report Iw i￿en prepared in ac¢ordan¢¢ with
applicable legal requlrements.
Matters on which we are required to report by exception
In the light of the knowledge and underswiding of the compally and its envlronment obtained in the course o
the audit. we have not identified material In1￿¢a*￿eDts in the directors, rep)rt included within the TDJStees'l
directors, report.
We hAve nothing to re￿rt in respect of the following mitters in relxiion to which the Companies Act 2006
requires us to re￿rt to you if. in our opillion."
adequate accounting records bave not been kepL or reh]rns adequxte for our auth"t have not been rettived
from branches noi visited by us" or
the financial statements are not irh Agrecment with the accounting records and returns" or
¢e￿in disclosures of tsustees, remuneration specified by law are not made. or
we have not received 811 the information and explanations we require for our audit. or
the Tn￿te¢S were not entitled to prepare the financial ststemetkts in accor¢Jance with the small Comp8￿leS
regime 2nd lake advantsge of the small companies, cxemptions in preparing the Trustees'ldirectors,
r¢port and frotn the r¢quir¢ment io prepare a Strategic reporL
Responsibilities of Trustees
As explained more fully in the statement of Trustee5'1directors' responsibilities. the Trnstees. who are also the
diTectors of the company for the pU￿oSe of company 18w. Are responsTrble for the prep2rnti0n of the finanei21
Statements aJ]d for being satisfied that they give a twe and fair view, and for such internal ¢ontrol as the
Trustees delerniine is necessary to enable the pteparation of f￿ancial statements that are free from material
misstatemenL whether due to fraud or error. In preparing the financial sta*ments. the Trustees are Tesponsible
for assessing the company's ability to ¢ODtinue as a going concern. disclosing. as applicable. matters related to
80ing concem and ￿Ing the 8oinE coneern basis of accounting unless the Ttustees either intend to liquidate
the charitablc company or to cease operations. or have uo [￿115￿¢ alternative but to do so.
16-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMITED BY
GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTtNUED)
TO THE TRUSTEES OF THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY
LIMtTED BY GUARANTEE)
Auditor's respoDsibilities for tbe audit of the statements
Our objecliv¢s are to obthin reasonable assurance about whether the financial statements as a whole are free
fro￿ niat¢riai misstatcmelll whether due to fraud or etror. aud to issue an auditofs report that includes our
opiniou. Reasonable ￿urance is a lll.gh level of assurance but is rkot a guarantee that an audit conthcted &n
accordance with JSAS (UK) will always 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 illfiuence the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities is avatlable on the Financial Reporting Cowjcil's website at=
https.'Ilwww.frc.org.uklauditorsresp)nsibilitses. This description forn￿ part of our auditoVs report.
EiteDI to which the audit was considered capable of detecting irregularities, including fraud
[￿egUlaritieS. including frauQ are instsnces of non-compliance with laws and regulAtions. We design
procedures in line with our respoDsibilities, ouilined above, to detect maierial misstatements in respect of
i￿egUlar1t1¢5, including fraud. The exient to which our procedures ate capable of detecting irre8ularities,
irtcluding fraud. is detailed below.
At th¢ planning stage of the audit we gain an understanding of the laws and regulation5 which apply
to the Group and how management seek to comply with them. This belps us ￿ make appropriate risk
assessments.
ring the audil w¢ focus on relevant risk areas #nd review ¢ompliance with laws and regulations
through making relevant enquiries and cormboratiotb by. foi example, reviewing Tn￿teeS Minutes aDd
other d￿UmeTI￿tiOn.
We assess the risk of material mi&statement in the financial statements including as a result of fraud
alld undertake procedures including..
J. Review of controls set in place by tt]anagement
Il. Enquiry of management as to whether ihey consider fraud or other irregularities may have
occuThed or wbere such opp)rtunity might exist
llI. Challenge of management assumptions with regard to accounting utimates
IV. Identification amd testing of Journal ¢ntries, particularly those which may appear to ￿ unusual
by size or nature.
Because of the inherent limitations of an audiL there is a risk that we will not delect all iregularities,
includlng those leading to a material tnisslat¢mcnt in the fllLancial statements or non-compliance with
regulations. This risk increases the more that compliance with a law or regulation is removed from the events
and transactions retlecied in the financial ststements. as we will be I￿8 likely to become aware of in5tsnces of
norL-compliance. The risk of not detecting a material misststement resulting from fraud is higher than for one
r¢sultiDg from error as fraud may involve collusion. forgery. international omissions. misrepresentations. or
the override of internal control.
17-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIKITED BY
GUARANTEE)
JI¥IDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY
LIMITED BY GUARANTEE)
Use of our report
This report is made solely to the charitable compally's members. as a in accordance with Chapter 3 of
Part 16 of th¢ Companies Act 2(H16. Our audlt work has been undertaken so that we might state to the
charitsble company's members those matters we are required to state to them in an auditors, report and for no
other purpose. To the fullest extent perniined by law. we do not aecepi or assume responsibility to aDyone
other than the chan'table company and the charitable company's members as a bC￿y. for our audit work. for
this iepoti or for tbe opillions we bave fornie
Michael Royle BA(Hons)FCA (Senior Stathtory Auditor)
for 2nd on behalf of Chadwick & Company (Manchester) Limited
Chartered Account2nt$
Statulory Auditors
Capital House
272 Manehester Road
Droylsden
Manchester
M43 6PW
5 October 2022
Chadwick & Company (Mancbester) Limited is eligible for appointment as auditor of the company by virDJe
of its eligibility for appointment as auditor of a company UDder of se¢tion 1212 of th¢ Companies A¢t 2006.
18-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMITED BY
GUARANTEE)
CONSOLIDATED STATEMEIYT OF FLNANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR TB£ YEAR ENDED 31 MARCH 2022
Unrestricted Restricted
fund$
futtds
getteral
Total
2022
Tot)Il
2021
Notes
Donations and sponsorship
Incoming resources from charitable activities
Investments
1.301.513
657,841
77
1,301,513 1.466,510
703,903
17,716
77
960
46.062
Total ineome
,959.431
46.062 2.005,493 1,485.186
enditure on-
Raising funds
370
Charitable ￿tiViti¢S
1.691.309
29.846 1,721,155 1,151,726
Other
12
46.240
46.240
34,712
Total re50urtes expended
1.737.549
29,846 1,767,395 1,186,808
Theatre lax relief income
13
83,764
83,764
16,543
Net movement in funds
305.646
16216
321.862
314.921
Fund balances at l April 2021
360.159
22.331
382,490
67.569
Fund balanees at 31 Marcb 2022
665.805
38.547
704,352
382.490
The statetDeni of financial activities also complies with the requirements for all io¢ome and expenditUTe
account UDder the Companies Aci 2006.
19-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMITED BY
GUARAIYTEE)
CONSOLLDATED AND COMPANY BALANCE SHEET
AS AT31 MARCH 2022
2022
Group
2021
Group
2022
Company
2021
Company
Notes
Fixed assets
Tangible assets
Investments
15
16
29503
30.415
29.503
1,000
30,415
1.000
29,503
30.415
30,503
31.415
Current assets
Stocks
Debtors
Cash at bank and ID hand
5.808
215.033
837.533
2.072
155,190
520.206
5,808
214,033
837,533
2.072
154.190
520.206
17
1,058,374
677,468
1,057,374
676,468
Creditors: amounts falling due
ithRn ottt year
18
{383.525) {325.393) (383.525) (325.393)
Net cwrent assets
674.849
352,075
673,849
351.075
Total assets less current liabilities
704.352
382.490
704,352
382,490
Income funds
Restricted funds
Unrestricted funits- general
22
38,547
665.805
22,331
360.159
38.547
665.805
22,331
360.159
704.352
382.490
704.352
382.490
The financial statements were approved by the board of directors and authorised for issue on 5 Octob¢r 2022
and are $￿gned on its behalf by..
J O'connor
Trustee
Company Reglstration No. 01415547
-20-

THE OLDHAM COLISEUM THEATRE LIMrrED (A COMPANY LIKITED BY
GUAIL4NTEE)
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2022
2022
2021
Notes
Casb flows from operating activities
Casb generated from opeTrtions
27
324.370
385,546
Investing actlYStles
I￿rChaSe of tangible fixed assets
Illterest r¢c¢ived
(7.120)
77
{7,779)
960
Net cash used ID investing aetivities
(7,043)
(6.819)
Net eash used in financing activities
Net incru5e in cash and txsh tquivalents
317.327
378,727
Cash and cash equivalents at begitming of year
520206
141.479
Cash and cash equivglents at end of ytar
837.533
520,206
21

THE OtIlHAM COLISEUM THEATRE LIMITED (A COMPANY LIMtTED BY
GUAIL4NTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting poli¢ies
1.1 Company information
The Oldham Coliseum Theatre Limited {a company limited by 8uardDt¢¢) is a pnvate company limited
by guarantee in¢orporated in England and Wales. The regIs￿ed office is Fairbottom StreeL Oldham,
OLI 3SW.
1.2 AccountiDg Convention
The fjnancial statements have been prepared in accordance with the tOTnpan￿s governing document.
th¢ Companies Act 2006 and "Accoulll￿g aDd R¢portiug by Charities.. State￿e￿t of Recommended
Practice applicable to charities preparing their ac¢ounlS in a¢¢ordan¢¢ with the FinaT)cial Reporting
Stsndkrd applicable in the UK and Republic of Irelhnd (FRS 102)" (as amended for accounting periods
commencing frotn l January 2019). The company is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling. which is the fijnctional currency of the company.
Monetary amounts in these Fu￿]cial statenLents are munded ro the Dearest £.
The fJnanciAI statements have been prepared under the historical Cost ¢onv¢Dtion. The principal
ac¢ouDting policies adopted are set out below.
These financial statements consolidate the Tesults of the charitable company and its wholly owned
traditig subsith"ary. Olllham Coiiseutn Produciions Ltd. A separate Ststement of Financial Activities
(SOFA) is not presented because the charitable company has taken advantage of the provisions of $408
of the Companies Act 2￿6.
1.3 Going concern
On I l March 2020. Covid-19 was designated a pandemic by the World Health Organisation (WHO).
The tNsttts continue to review the impact 00 the business, ensuring provisions are put in place to
tnitigate any risk to the tsust's ability to trade as a going concern. At the date of signmg the fmanclal
statements. in the opinion of the director4 Covi&19 will not impact on the trust's ability to trade as a
going concern.
At the time of approving th¢ financial statetueuts. the T￿sleeS have a r￿Onable ¢xp¢¢tation that the
company has adequate resouTces io ¢oniinu¢ in opeTational existence for the foreseeable future. Thus the
Tn￿te￿ continue to adopt the going conc¢m basis of accounting in preparing the f￿ancIal statements.
1.4 Charitable funds
Unrestricted fund5 ar¢ availabl¢ for us¢ at the disctetion of the T￿￿tee$ in furtherance of their charithle
objectives.
Restricted fijnd
This fund is from an uncompleted proje¢L Tbese arc fi￿dS that can only be used for a particul
r¢strt¢t¢d purp)se specified by the donor.
-22-

THE OLDHAM COLISEUM THEATRE LIMrrED (A COMPANY LIMITED BY
GUARANTEE)
NOTES TO TILE FINANCJAL STATEMENTS (CONTINUED)
FOR THE YEAR EIYDED 31 MARCH 2022
Accounting poliaes
{Continued)
J.5 Incomin£ resources
Income from grants is reco￿lSed when ihe company is legally entitled to it after any perfomian¢e
conditions have been D)e4 tbe amounts can be measured reliably. and it is probable that incom¢ will be
received.
Cash donatioas are recognised on receipt. Other donatiODS are reco￿ls¢d once the company has been
notified of the donation. unless perfomiance COTJditions require defe￿al of ihe amount. Income thx
rrxoverable in r¢lation w donations received under GiftAid or deeds of covenaot is recognised at.the
lime of the donation.
Income from trading activities is recognised as the related goods and serYi¢es are provided.
Investment income is recognised on a receivable basis.
In¢ome is measured at the fair value of the considerntiort re¢eived or re£eivable and represents amounts
receivabl¢ for go¢xts and services provided in the norn￿ course of business. net of discow)ts, VAT and
other salcs ￿lated tsxes.
1.6 Resources expended
Resources expended are included in the Statement of Financial Activities on an accruals basis, exclusive
of reclaimable VAT. Expenditrjre is included in the cost category to which it relates to. Support and
governance costs are allocated based OD a h￿d(oUnt of permanent staff working wIt￿"n a Cbaritsble
activity.
1.7 Tangible r￿ed assets
Tangible fixed assets Are initially measured at Cosi and subsequeotly mwured at cost or valu&tiou, net
of depreciation arkd any I￿paIrment losses.
Depr¢ciation is re¢ognised so as to write off the cost or valuation of ￿Sets less their residual values over
their use￿1 lives on the following bases:
Leasehold property
Plant and ma¢hinery
Fixtures, fittings & equipment
Compulcr ¢quiprtLent
20Yo straight line
250/D reducing balance
150/ty reducing balance
21Y/t+ straight line
The gain or loss arising on the disw)sal of an asset is deterniined a5 the difference betwcen the sale
proceeds and the carrying value of the asseL ond is reco￿]sed in net incomel(expenditure) for the year.
1.8 Fixed asset investments
Investtn¢llts are stst¢d ai market value 8¢ the balance sheet dat< excep¢ for tb¢ shar¢boldiThg in the
Charity's subsidiary wkn.ch is stAted at COSL
-23-

THE OLDHAM COLISEUM THEATRE LIMrrED (A COMPANY LIMITED BY
GUARAI¥TEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR EIVDED 31 MARCH 2022
Aeeounting policies
(Continued)
1.9 Stocks
Stocks are stated at the lower of cost and esiimated selling price le&s costs to comple* and sell. Cost
¢omprises direcl materials and, where applicable. direct labour costs and those overheads that have been
incurred in bringing the siocks to their present locatioo and conth"tioD. Items held for distribution at no or
ominal consideration are mwured the lower of replacement cost and c05t.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be
incurred in marketing. selling and distribution.
1.10 Cash 9nd cash equivalents
Cash and cash equivalents include cash in deposits beld at call with banks. other short-terni liquid
Investments with original matijrities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in cu￿ent liabilities.
1.11 Finaneial instrument5
The company has elecied to apply the provisions of Se¢tioll 11 'Basic Financial Instruments. aud
Sectioo 12 '0ther Financial LDStnJments Issues. of FRS 102 to all of its finaneial illStrumerAts.
Fiuancial instruments are reCo￿lS¢d itt th¢ ￿mpanY'S balance sheet when th¢ ¢otnpany be¢otn¢s paty
to the ¢ontra¢tual provisions of the iDStrumenL
Financial assets and liabilities are offset. with the net amounts presented in the flnancial statements,
when there is a legally enforceable right to set off the recogll1s￿ Amounts and there is an intentioj to
Settle on a net basis or to realise the asset and settle the liability simultaneo￿lY.
Basic financial assets
Basic fmancial ￿Set$. which include debtols and cash and bank balances. are iniiially measured at
transaction price including traT]saction costs attd are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction. wbere the
transaciion is measured at the PTesent value of the future receipts diSCOUDt¢d at a market rdte of interest.
Financial assets classified ￿ receivable within one year are not amortise
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initiAlly recognised at transaction price
unless the arrangement constitutes a financing transaction. where the debt sfLStnJment is measured at the
pr¢sent valu¢ of the futwe payments discounted al a market rnte of interest. Financial liabilities
Classified as payable within one year are not amortise
Debt instruments are subsquently carried at amortised cosL using the effective interest Tate method.
Trade creditors are obligations to pay for gorNts or setvicas that have been a¢quir¢d in the ordinary
course of operations from suppliers. Amounts payable are cl&ssified as current liabilities if payment is
due within one year or less. If not, they are presellted &8 non-current liabilities. Trade creditors are
recognised initially at trawtion price arld subsequently measured at amortised cost using the effe¢tiv¢
in*rest method.
-24-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMITED BY
GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
(Continued)
1.12 Elnployte benefits
The cost of aDy unused boliday eDtstlement is re¢o8nised in the peri￿￿ in which the employee's services
are received.
Terniination benefits ar¢ recognised immediaiely as an expense when the company is demonstrably
committed to *minate the employment of an employee or to provide temiination benefits.
1.13 Retirement benefits
The company operdtes a defincd contribuiLODS pension scheme. Contributions are charsed in the
accounts as they become payable in aceotdance with the rules of the scheme.
1.14 Staging costs
Staging costs are charged to the income and expendittre account in the year in which a production
opens.
J.J5 Legal status of the charity
The charhty is a company limited by guarantee and has no share capitsl. The liability of ¢acb rn¢rnb￿ in
the event of a W1nd￿g up is litnited to £1.
1.16 Theatre tax credits
Where the trading subsidiary. Oldham Coliseum Productions Ltd. iDcurs qualifying losses io ￿spect of
theatre productiolls. the company bas decided tbAt these will ￿ surrendered for 2 eash payment from
HNIRC under the Th¢atre Tax Credit regim¢. Where receipt of th¢s¢ lax cr¢dits is virtually certain they
are included in the filloucial staiements in th¢ y¢at in which they were incurred.
Critical gccounting estimate5 and judgernents
In the application of the Company's accounting policies, the Trnsiees are required to make judgemthts,
estimates and assumptions about tbe ¢arrying amount of &ssets And liabilities that are not readily
apparent from oth¢r sources. The ¢stimat¢$ 2nd associated assumptions xr¢ based on historic21
experience and other factors ihat are considered io be relevant. Actual results may differ from these
estima*s.
In considering the going concern assumplioo, th¢ trustees have had to apply judgem¢ut in relation to the
po*ntial impact that Covid-19 may have on the economies the enlity operates in and on th¢ eyjtity. In
arriving at this judgeTncnL the trustee5 have considered the fiuancial resilience of the entity and how it
would manage any downtswn as a result of the pandemi¢.
The estimates and underlyins &8sumptions are reviewed 00 art ongoing basis. Revisions to ac¢ounling
estimates ￿e recognised ID the period in which the estllnate is revised where the revision affects only
that period. or in the period of the revision and fijture periods wbere the revtsion affects both curent and
future periods.
25-

THE OLDHAM COLISEUM THEATRE LIMITED {A COMPANY LIMITED BY
GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
Donations and sponsorship
2022
2021
Donations and gifts
Grdnts receivable
107.377
1.194.136
30.230
1,436.280
1.301.513
1.466,510
Grants receivable for eore activities
Association of Grcater Manchester Authorities
Oldham Council
Arts Council EnglaDd
Culture Recovery Fund
Coronavirus Job Reiention Scberne
Gatfield Weston Fourtdation
102.430
294,272
615,183
80.934
26.317
75.1￿}
102,430
163,302
703,491
219.008
243.049
5,000
1.194.136
1,436.280
-26-

THE OLDHAM COLVSEIIMTHEATRE LIMITED IACOMPANYLTMfTED BY GUARAKfEEI
NOTES TO THE FINANCIAL STATEMENTS ICONTtNUEDI
FOR THE YEAR ENDED 31 MARCH 2022
InrOrnr￿E rtgourtes from elaritab￿ athvifles
Boxoffi¢e- Box
2022
2021
Sales chwiT¥bk auiviD¢5
Perfllnnance rdattdBr4nL8
288.945
240.649
B7.741
19ffj92
20.814
657.841
12.778
4,938
288.945
240.649
87.741
65.754
20.814
703.903
AnÈlysis by futsd
Unresrri¢ted fi5nd5-gencraJ
288.Y5
240.649
87.741
19.6Y2
20814
657.841
288,945
240￿9
87.741
65,754
20814
703.903
For the yearended 31 MArclt 2021
Unrestn¢T¢d fund5-ge￿rat
RB5rri¢tedfhuK
S.988
12,778
4.938
4.938
5.988
6,850
4.848
-27-

THE OLDHAM COLISEUM THEATRE LIhllTED (A COMPA1￿ LIMITED BY
GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (coiwfiNUED)
FOR THE YEAR EI¥DED 31 MARCH 2022
Investments
2022
2021
Interesi receivable
77
960
Raising funds
2022
1021
Seeking donations, grants and lega¢i¢s
370
370
-28-

THE OLDHAM COLISEUM THEATRE LIMTfED IA COMPANYLIMfTED BY GUARAFifEEI
NOTES TO THE FINANCIALSTATEMENfs (COP￿INUED)
FOR THE YEAR ENDED 31 F+L4RCH 2022
Charlt*blt attivitiey
Totsl
2022
2021
StÈff costs
Direcicharitable cxpendity
MarketillB
663.461
229.769
3Q782
150.
141.238
17,752
107.989
57J65
27.673
41.671
949,193
470.043
54,534
825,764
9,538
930J112
165J54
69.344
1.473.770
948.887
I Sh8retsfswrt costslsttn￿C 8)
Sbareofgov¢rn3n¢e w5ts lsce 81
12&014
40J85
27J51
&735
I9￿n
6J47
3.334
l.fkn5
8.929
2.853
187,5(X)
59.885
158,963
43,876
1,098,911
345,146
191573
73,743
Analy515 by fund
Utsrtstricted fvtsds. 8tnerai
Restric*d fuDds
I,(Y)8.951
345,146
191573
43,897
29.846
11,782 1.691 J09
29,846
I.IYJ8.911
345.146
191573
73,743
IL,782 1.ni.155
Forth¢ yVAr èttded 31 M*rth 2021
Unr¢smcted fi]nds.
Rethctcd funds
782.166
188J52
1656¢
46.810
I.f￿7
1622?
1,607
782,166
18BJ52
111561
48.417
16,227

THE OLDHAM COLISEUM THEAM LIMJTED {A COMPANY LIMITED BY
GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR Ei¥DED 31 MARCH 2022
Support costs
Support Governanee
costs
costs
2022
2021
Health and safety
Rent, rat¢s and water
Insurance
Light and heat
'Repairs and maintenance
Cleaning
Pr￿tillg, postsge atld stationery
Telephone
Equipment leasing
Travelling expenses
Recruitment costs
St2ff traiDill8
16,042
26.388
11.252
44.527
50.333
9.567
4,921
6.458
9.065
7257
575
E.115
16.042
26.388
11.252
44.527
50.333
9,567
4.921
6,458
9,065
7257
575
1,115
43.365
33,488
l3.893
30.091
27,493
305
1.482
3,984
3,977
692
193
Audit fees
Legal arLd profe&8ional
Sundries
.Subscriptions
. Ststutory ¢osts
Bad debts
Depreciation
7.950
12,787
3.464
11.473
16.179
7.950
12.787
3.464
11.473
16,179
7,750
496
2.882
13,762
5,732
4.766
8,488
8.032
8.032
187.500
59.885
247,385
202,839
Analysed between
Charitable activiti
187.500
59.885
247.385
202.839
Auditor's remuneration
The analysis of auditovs remuneratiOD is as follows..
Fees payable to the compally's allditor 2nd as50Ciates:
2022
2021
Audit of the 8roup's aTmual accounts
7,950
7,750
-30-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPAJ¥Y LIMrrED BY
CUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTII¥UED)
FOR THE YEAR EM)ED 31 MARCH 2022
10 Trustees
Board meTnbers were reimbursed a total of £28 (2021 - £nil) to cover travel and other miscellaneous
expetts￿.
11 Employees
Number of employees
The #verage monthly number of employees duriog the year was..
2022
Number
202]
Number
Management
Administration
Prothiction
CLsuals
10
14
10
35
38
Employment Costs
2022
2021
Wages and salaries
Social security costs
Other pertsion costs
874.455
55,635
19.103
748.520
57.140
20,104
949.193
825,764
There were no employ￿5 whose anDual remunerntion was £60,CrfX) OT more.
During the year key management peTS0[￿e1 were paid a total of £182,653 {2021- £231,732) in wages.
12 Other
2022
2021
Irrecoverable VAT
46,240
34.712
31

THE OLDHAM COLISEUM THEATRE LIMITED {A COMPAJYY LIMITED BY
GuARA￿EE)
NOTES TO THE FINANCIAL STATEMENTS (coNfiNUED)
FOR THE YEAR ENDED 31 MARCH 2022
13 Theatre ￿ relief income
2022
2021
Theatre tax relief in¢ome
83.764
16,543
14 Transfers
Transfers totJlliDg £nil (2021- £1.000) were made from the restricted fimd in favour of the unrestricted
Eeneral fund as the reltted projects had been completed. The excess monies were therefor¢ availkble for
use in oth¢r unrclated projects and therefore reclassified &$ u[L[￿tricted funds.
15 TangRble fixed assets
GROUP AND CHARITY
AJt¢rntion$ Plant and Flxture
to long mathinery fittings &
leasehold
equipment
premises
Total
Cost
At l April 2021
Additions
358.765
337.133
1.785
62,082
5,335
757,980
7.120
At 31 March 2022
358.765
338.918
67.417
765,100
Depreciation and impairment
At l April 2021
Depreciation charged in th¢ ycar
358.765
315.187
5,750
53,613
2,282
727,565
8,032
At 31 March 2022
358.765
320.937
55,895
735,597
Carrying amount
At 31 March 2022
17,981
11,522
29.503
At 31 March 2021
21.946
8,469
30.415
There is an aw¢ment with Oldham Coun¢il to lease the premises for 99 years. although a fornjal lease
has not been executed.
-32-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIMtTED BY
GUARANTEE)
NOTES TO THE FINANCIAL STATE￿￿￿Ts (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
16 Fixed asset investments
2022
2021
Notfs
Investments in subsidiaries
25
1.000
17 Debtors
2022
Group
2021
Group
2022
Company
2021
Company
Amounts f8lliDg due within one year:
Trad¢ d¢btors
Corporation lax recoverable
Amounts due from subsidiary undertikings
Other debtors
Prepayments and accnjed income
17,439
95,171
3,531
112.651
17,439
3.531
94,171
36,859
65564
111.651
11,457
27,551
36,859
65,564
11,457
27.551
215,033
155.190
214,033
154.190
18 Creditor$: amounts falling due within one year
2022
Group
2021
Group
2022
Cojnpany
2021
Company
Other taxation and social security
Trade creditors
Other creditors
Accnjals and defeNed income
14
73,536
52,163
242963
2,713
26,495
39.455
256.730
14,863
73536
52,163
242,963
2.713
26,495
39.455
256,730
J83,525
325,393
383,52S
325,393
19 Deferred income
Deferred income is included in the financia] statements as follows..
Box 0￿1cC.. £180.676 (2021- £139.722) relatcs to income received in advance for productions nol yet
stArted.
Thcttrc hire.. £2.232 {2021- £7.892) relates to incortie received in advance for hiring of the theatre in the
D¢Xt financial year.
-33-

THE OLDHAM COLISEUM THEATRE LIMtTED (A COMPANY LIMITED BY
GUARAThTEE)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
20 Retirement benefit schemes
Defined contribution schemes
The company operdies 8 defined contribution pension scheme for all qualifying employees. The assets of
the scbeme are held separatrly from those of the company in an independently administered fijnd.
The charge ¢0 income and expendittlle in respect of d¢fin¢d ¢ontribution schemes w&$ £19.103 (2021
£20,104).
21 Share Capital
The company is limited by guarantee to the exteni of £1 ￿ member.
22 Analysis of net assets between funds
Unre5Sricted Restricted
funds
funds
2022
2022
Total
To¢al
2022
2021
Fund balauces at 31 March 2022 are
tepresented by:
Tangible assets
cu￿nt &5seL4{liabilities)
29.503
636.302
29.503
674.849
30,415
352,075
38.547
665.805
38,547
704,352
382,490
23 Operating lease eommitments
Ai the reporting Cnd dal¢ th¢ wtnpany bad outstanth.ng ￿mMi￿ents for ￿tUre minimum l¢as¢
payments under noD-¢on¢ellable operating leases. which f811 due as follows..
2022
2021
Within OD¢ y¢ar
Behveen ￿yO and five years
6.136
6,136
6.136
6.136
12.272
24 Related party transactions
Included within the chan"ty's d¢btor5 due withiD one year is £94.171 (2021- £111,651) du¢ from Oldham
Coliseum Productions Ltd. the l(MY/o subsidiary.of_The_Oldham. Coliseum Theatre 'LiMi￿¢ and a
eompany in whictrL S Hawkins, J O'CoDnor and S Brotjley (Trustees) are directors.
-34-

THE OLDHAM COLISEUM THEATRE LIMITED (A COMPANY LIM￿ED BY
GUARANTEE)
NOTES TO THE F￿ANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
25 Subsidiaries
Detsils of th¢ ¢ompany's subsidiaries at 31 March 2022 are &5 follows:
Name of UDdertaking
Registered
otriee
Nature of bu5111ess
Class of
O/. Held
sbares beld Direct
Oldhatn Coliseum Productions Ltd En8i#ttd & WaLes
Theatre pmduction
Ordinary
Name of yndertaking
Profit1￿0￿) C2Pital 2nd
Reserves
Oldham Coliseum Prtsductions Ltd
Company numb¢r. 09268457
Registered office.. Coliseum Theatre. Fairbottom Street. Oldham, Greater Mar)chester. OLI 3SW.
26 Results of the cbaritable company
The company kn taken advantsge of Section 408 of the Companies Act 2006 and not iticluded its own
income and expenditure account in these financial statements. The net inloutgoin8 resources of tbe
Compally for the year w&s £321,862 (2021: £314.921).
27 Cash gener2ted from operation5
2022
2021
Surplus for the year
321,862
314,921
Adjusttnents for.
Investmeni income recognised in profit or loss
Depreciation and impaimient of tangible fixed I￿1S
Corporation tsx rccoverabl¢
Corpordtion tax received
(77)
8.032
(74.208)
91,688
(960)
8,488
(16,543)
2,611
Movements in working capitsi:
(Increasc)Idecrease in stocks
(Increase)Idecrease in debtors
Irt¢r¢asel(de¢rease) in creditors
(3.736)
{77.323)
58,132
2,287
162,539
(87.797)
C2sh generated from operxtions
324,370
385.546
-35-