REGISTERED COMPANY NUMBER: P41029738 (Noi*hei'n Ireland) REGISTERED CHAIUTY MJMBER: 100917 Report of the Trustees and UnAudited Finallcial Statements for the Year Euded 31 March 2023 for KABOSH M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH
KABOSH Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2023 Page Reference and Administrative Details Report of the Trustees 2 to 6 Independent Examiner's Repoit Statement of FinAncial Activities Statement of Financial Position 9 to 10 Notes to the Fillancial StAtements 11 10 23 Detailed StAtement of FinAnciAI Activities 24 to 25
KABOSH Reference And Administrative Details FOR THE YKAR ENDED 31 MARCH 2023 TRusfEES Nicola Abemethy - Communications Manager LauraBradley - Arts Manager Laura Dowie- Senior Marketing Officer (resigned 201212023) Aine Gleghorne- Accountant Mary Jordan - Actress and Drama Facilitator Rosemary Lightbody - Cultural Tourism Consultant (resigmed 211612022) Emma McErlean- Play Therapist Rosemarie McHugh - Accountant Siobhan Winston- A¢¢ountant Matthew Ward - A¢countant {appointed 211612022) Albert Hamilton- Director (appointed 271212023) Davy Icettyles - Trade Unionist (appointed 121612023) COMPANY SECRETARY Andrew Hume REGISTERED OFFICE tmperial Buildings 72 High Street Belfast BTI 2BE REGISTERED COMPANY NUMBER N1029738 (Northem Ireland) REGISTERED CHARITY NUTrtBER 100917 INDEPENDENf XAMINER M.B.McGrady & Co Charter¢d Accountsnts Suite 2B Cadogan House 322 Lisbum Road Belfast Co. Antt'im BT9 6GH
KABOSH Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 Th¢ tnjstees, who are also direotors for the purpose5 of company law, present their report and tile financial statements of the company for the year ended 31 March 2023. Refereuee And Adminlstrative details Reference and administrative details are shown in the schedule of members of the board and professional advisors on page l of the financial ststements. OBJECTtVES AND ACTIVITIEI S Objectives ilnd aims As the arts sector emerges llY from the impact of COVID-19 restrictions, 2022-23 saw Kabosh retum to full s¢ale live delivery, continuing to d¢velop its aims and objectives in line with its agreed busin¢ss development plan, focusing on giving voice to Sltes, spaces and people through reinventing and i'¢interpreting the ways whiGh stories are told. Kabosh aims to.. create exciting theatre in different types of locations create engaging narrative using local stories and histories lo commission plays that chart the way the north of Ireland is evolving provide quality slirnulating, entertainment for everybody living in and visiting Ulster - develop new audiences for theatre and encourage repeat attendanc¢ - transfonn lives through the&tsE - anim&te public spaces - re-ex8mine contested space in Northern Ireland develop arts and culiure within Ireland, pron]oting its worth nationally and intemationally
KABOSH Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 oBJEcTEs AND ACTivrriES Signifie8llt activities Icabosh continue to diversify and strengthen its range of stakeholders and income streams. Major proj¢cts during 2022123 included.. Before You Go Written by Laurence McKeown' perfornjed by James Dornn, Lisa Dufy, and Eimear Fearon. creative team: Liz Cullinane and Conleth White. with original music by Gralnne Holland. Grew: Rory Casey and Caitlln Hunter. Inspired by a fivfrmonth engagement project entitled 'From Oriel to Brexiv examining youth perspectives on borders and identity, this touching piece about the fragility of love was developed in 2020-21 through funding from the Eu's PEACE tv Pingramme, in partuership with Diversity Challenges. Initi8lly presented online in 2021, Before You Go saw its live premier¢ In March 2022, with additional performances in April 2022 at: The Market Place Theatre, Annagh, Longstone GAC, Annalong, )d the LyriG Theatre, Belf&st. P¢rfonned to an audience of 204 with 2S partiGipating in post-show discussions. Live tour presented with support from.. An Chomh8irle Ealalon Touring Fun and the Arts Council of Northern Ireland. Tbe Occasional GArdener Designed and co-ordinated by Carol Moore with support from Anna O'Kane (visual artist), Neil Keery (movement) and Kat Reagan (singer). An 8-week arts and r¢miniscenGe project inspired by gard¢ning presented in 3 Macklin N] care homes foi. 25 participants living with dementia and their carers. Supported by Arts Council M Arts & Older People's fijnd with sponsorship in kind from Creative Gardens. Belfast Entrie5: Explore the Labyrinth Written by Charis McRoberts; performed by Debra Hill. creative team: Niamh Mockford and K&tie Richardson. crew.. Kerri McGimpsey. Developed under commission from Belf&st City Counoil to animate 8J)d enliven Belfast's interconnected entyways and alleyways through theatrical intervention. Performed to an audience of I02 over three weekends in April, May and S¢ptember 2022. Commissioned by B¢lfast City Council. The Shedding of Skin Written by Vittoria Cafolla. perfomied by: Vicky Allen, Louise Mathews, Catriona McFeely, and Shannen McNeice; reative team: Tracey Lindsay, Kati¢ Richardson, and Conleth White. Crew: Caitlin Hunter, Kerri McGimpsey, and Stephen Quinn. Initially presented online in 2021, The Shedding of Skin saw its live pr¢miere at The Playhouse. Derry with perfonnanees on 3-4 June 2023, followed by 7 perfonnances at the Lyric Theatre, Belfast to a total audience of 444 with 64 paiticipating in post-show discussions. A powethl, epic play about women in confiicL The Shedding of Skin w&8 the result of an extensive process of research and collaboration, with input from charity partners: International Red Cross, and Wom¢n's Aid Nl. academi¢ partners.. Dr Tine Davis (Radbound Universiteit), Dr Maria Estrada-Fuent¢s (Royal Holloway University), and Dr Lisa FitzpatriGk (Ulster University), Live tour presented with support fiDm'. the AAS Couucil of Northern Ireland, University of Warwick, and U15ter University.
KABOSH Report of tbe Trustees FOR THE YEAR ENDED 31 IVtARCH 2023 OBJEcrtVES AND ACTtVlTIES Green & Blue Written by Laurence M¢Keown' perfonned by James Doran, and Vincent Higgins. creative te8Jn'. Liz Cullinane, Sandy Cuthbert, Stuart Marshall, and Conan McIvor' crew: Caillfin Hunter, and Stephen Quinn. Based on an oral archive of testimonies from fonner serving An Garda Slochana and Royal Ulster Constabulary officers who patrolled the border during the h¢ight of the confiict. Originally developed in partnership with Diversity Challenges, with first perfonnan¢e in 2016, revivals of Green & Blue continue to play an importsnt role in our artistic strategy. Perfomied to a wmbined audience of 1,225 at: Lyric Theatre, Belfast, The Ardhowen Theatre, Enniskillen, The Market Place Theatre, ArnIa, The Old Church Centre, Cushendun, and Strnle Arts Cenb'e, Omagh, each followed by a discussion. The production also travelled to the Prague Fringe Festival, with further bespoke performances to celebrate the centenary of An Garda Slochana in Bundoran and Ballyshannon. Presented with funding from: the Art5 Council of Nortbern Ireland, The Community Relations Council, and Culture Ireland. Not On Our Watch Written by Louise Mathews. perfonned by Bemadette Browii. Rachael Mccabe, and Catriona McFe¢ly; creative team.. Elle Kent, and Katie Richardson. crew: Rory Casey, and Caitlln Hunter. World premiere on 25 January 2023 at The Deer's Head as part of the Out To Lunch Festival - this was a BSL signed perforinance. Further perfonnances took place across Belfast at Brassneck Theatre, The Little Theatre, The DuNcaim Arts Centre, and the LyriG Theatre to 4 combined audience of 408. A powerfvl piece of agitprop theatre conceived to explore the worker's movement in the wake of the ¢losure of Regina Coeli Hous4 the north's only dedicated women's hostel. D¢veloped and delivered under commission with ndIng from Unite.. the Union. Silent TrAde Written by Rosemary Jenkinson. performed by Lizzy Akinbami, James Dol'an, Cluistopher Grant, Seamus O'Harffj and Louise Parker. creative team,. Dan Leith, Tracey Lindsay, and Mary Tumelty. crew: Rory Casey, and Caitlin Hunter. A deftly crafted and exposing new production unveiling the alanning rates of humaD traffioking and domestic seivitude repoit¢d in the north. World pr¢miere on 22 Febrnary 2023 at the Lyric Theatre Belfast, followed by a regional toui. to The Old Courthouse, Antrim, The Market Place Theatre, Armagh, Dundalk Instittite of Technology, and Ranfjjrly House, Dungannon to a tota] audience of 80S, with 115 participating in post-show discussions. A BSL signed perfoiThance and post-show discussion was provided. Presented with fvnding from the Arts Council of Northern Th'eland, GarfLeld Weston FouDdation, The Leche TTUSt, and Th¢ Sylvia Waddilove Foundation. Reunion Written by Juli¢ Dutkiewicz. perfonned by Vincent Higgins, Louise Mathews, Cathy Brennan-Bradley, and Paula McFets'idg¢. A beaUtillY scripted 8md poignant production exploring the impad of domestic abuse on older victims and its impact on the wider family unit within a paramilitary context. World premiere at Vault Artist Stttdios on 22-23 Mar¢h 2023, with a rther perfonnanc¢ at The Old Church Centre, Cushendun to a combined audience of 126. 85 participated in posl-show discussions supported by Women's Aid NT. A BSL signed perfonnance and post-show discussion was provided. Developed in collaboration with Women's Aid and presented in partnership with Teeside University as part of the Imagine! Festival of Ideas and Politics.
KABOSH Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 OBJEcfivES AND AcrtVITIES Bespoke commissions Alongside the development of new work and thc major productions highlighted, Kabosh also worked alongside the Department for Communities to stag¢ 8 series of perforniances G¢lebraling the cent¢nary of the Histori¢ Environment Record of Northem tr¢land. Ov¢r twelve months the compauy has also undertaken revivals of rnonologues and short productions for a range of events and p8rtners, in¢luding Belfast Bred, The King of East Belfast and Quartered: B¢lfasL a Love Story, and perfotmed extra¢ts of C811ings for the LGBT Ireland annual ¢onference. Ongoing revival develops n¢w audienoes for Icabosh, generates income for investment in additional products and offers quality employment for indigenous praltioncrS. Icabosli Artistic Director Paula McFetridge also contributed a5 a panellist for a number of conferences and played an active role in the CRC 'Decade of Centenaries, roundtable, &8 well &s on-going participation in the Stages of Violence and Th¢ Senses Network international research projects. 3,706 &udience members (2021122.. 7.635) and 973 participants (2021122: 1,378) engaged with the work produced during the year. In 2022123 Kabosh engaged 127 freelance artists and pi'actitioners (2021122: 251) at a cost of £104,795.57 (2021122.. £155,358.47). 1,239 supporters (2021122.. 1,181) received the Icabosh monthly newsletter, 5, 177 followed the company on Twittei, (2021122: 4, 823) and 3, 500 '1ike' the Kabosh Facebook page (2021122: 3,316), 1, 458 people follow the Kabosh Instsgram page (2021122: 1,154) - soGial media wntinue5 to be a major communication tool for the company. A number of funding bodies invested in Kabosh throughout this fmanGial year. The main grant making bodies are listed on page 18 and outlined below 'e tbe Trusts, Foundations, Commissioning bodies and Glients during 2022123: Aits Coun¢il Northern Ireland (Annual Funding Programme. & Older People Programme, Commissioning Programme) Belfast City CounGil Coinmunity Relations Council Culture Ireland Department for Communities l Future Screens NI Depariment of Forei Affairs Reconciliation Fund Garfield Weston Foundation Imaginel Festiva] of Ideas and Politics The Leclie Trust The Sylvia Waddilove Foundation Ulsier University Unit¢.' The Union University of Te¢side University of Warwick FINANCIAL REVIEW Reserves pollcy The chai'ity's policy is to retain a level of unrestricted reserves to secure long terni viability and facilitate fi]tt¢ planning. The level of unrestricted reserves that the charity aims to relain is commensurate to three months opei'ational cost. To obtain this level of unrestricted reserves the charity aims to return unrestricted net incoming resources equivalent to 50/0 of totsl unrestricted incoming resources. Restricted reserves are l)eld to fund specific projects earniarked by the company. Ti'ansfers from UleStrIcted ndS to restricted fid$ can be made to cover the remaining costs incurred for specific proj¢Gts, if th¢se have not been met from other restricted monies. The reserve includes a ring-fenced £l1.547 whicb equals 2 months, salary as redundancy for any staff member employed for over 2 years, in the event of company closure as well as the means to terniinate all service contracts without impacting on director's individual credit ratings. The company Gontinues in its commitment to meeting the highest stsndards of good governance and best practice.
KABOSH Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2023 FufuRE PLANS Kabosh intends to ntinue its activities outlined in tbe new strategy, subject to satisfactr)ry fidIng ari'angements. Plans have been developed to commence a number of new productions and it is hoped that the company will realise a full creative programme over the next three years. The current model of operation includes a three-pronged approach to ndraisingj Stor81 ndillg, earned income and charitable giving (including trusts and foundations). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Organisatlonal Strueture Kabosh is a company limited by guarantee and does not have a sliare capital. It is governed by a M¢rnorondum and Articles of Association and the liability of each director is liniited to an amount not exceeding £1. The company is governed by the Board of Directors. The Artistic Director and General Manager are responsible for the day to day running of th¢ company. The directors who served the company during the y¢ar were as follows: NicolaAbemethy Laura Bradley (chairperson from 2110612022) Laura Dowie (resigned 2010212023) Aine Glegborne Albert Hamilton (appointed 2710212023} Mary Jordan Rosemary Lightbody (chairperson until 2110612022) (resigned 2110612022) EmmaMcETlean Rosem8rie McHugh Matthew Ward (appointed 2110612022) Siobhan Winston TAXATION STATUS Th¢ company is recognised as a charity by HM Revenue & Customs. Accordingly, the company has availed of the exemptions contained in Section 505 Income and Corporation TeS Ad 1988 and Section 256 Taxation of Chargeable Gains Act 1992. Approved by order of the board of tt'ustees on 10 December 2023 and $ied on its behalf by.. Roseinarie McHugh - Accountant- Trustee
Independent Examiner's Report to the Trustees of Kabosh I report on the accounts of the company for th¢ year ended 31 March 2023, which are set out on pages eight to twenty three. Respective i'esponsibilitie5 of charity trustees and examiner As the charity's trustees (and also the directors for th¢ purposes of company law) you are responsible for the preparation of the accounts in accordance with the r¢quirements of the Companies Act 2006. HaviDg satisfied myself that the cbarity is not subject to audit under compaDy law and is eligible for independent examination, it is my responsibility to.. examine the accounts under Section 65 of the Charities Act follow the procedur¢s laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) ofthe Charities Act state whether partiGul&r matters have come to my attenlion. Basis of the iDdependeDt examiner's report I have examined your charity accounts &£ required undei. Sectioii 65 of the Charities Act and my examination was carried out in accoi'dance with tbe g¢neral Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. The examination included a review of th¢ accounting recoi'ds kept by the charity and a comparison of the acwunts presented with those records. It also included Consideration of any unusu81 items or disclosures iii the accounts, and seeking explanations from you as ¢harity trustees conc¢ming any such matters. My role is to stat¢ whether any material matters have come to my attention giving ine ¢ause to believe: That accounting records were not kept in accordance with Section 386 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the 8¢counting i'equirements of Section 396 of the Companies Act 2006 and with the meihods and principles of the Charities Statement of Recommended Practice applicable to Charities preparing their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland That there is further information needed for a proper understandiug of the a¢counts to be reach¢d. Independent exAminei s statement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirnl that l am qualified to undertake the exainination because l am a member of th¢ Instite of Chartered Accountants in Ireland which is one of the listed bodies. I have completed my ¢xaminalion and have no concerns in respect of the matters {1) to (4) listed above and, in connection with following the Directions of the Charity Commission foi. Northern Ireland, I have found no matters that require drawing to your attention. Ig&k,l LoMaL eamu5 The Institute of Chartered Accountants in Ireland M.B.McGrady & Co Chartered Accounlants Suite 2B Cadogan House 322 Lisbum Road Belfast BT9 6GH 10 December 2023
KABOSH Statement of FiD2ncial Activities Oncorpoi'atlDg an IDcome and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2023 3113123 Total funds 3113122 Total funds Unrestricted funds Restricted funds Not INCOME AND ENDOMqVIENTS FROM Donations and legacies 921 62,000 62,921 57,425 CbAritable activitie5 Programming Unrestricted 141,945 141,945 65,281 144,399 57,426 65,281 Investment income Other in¢ome 96 21,306 96 21,306 5,315 Total 87,604 203,945 291,549 264,568 EXPENDrruRE ON Charitable aetivities Programming Uw'estsicted 232,34S 232J45 26,373 250,429 35,391 26,373 Total 26,373 232 J45 258,718 285,820 NET INCOMEI(EXPENDITURE) Transfers between funds 61,231 (51,055) (28,400) 51,055 32,831 (21,252) 16 Net movemeDt in fuDds 10,176 22,655 32,831 (21,252) RECONCILIATION OF FUNDS Total funds brought forward 39,973 27,423 67J96 88,648 TOTAL FUNDS CARRIED FORWARD 50,149 50,078 100,227 67,396 The notes form part of these financial statements
KABOSH Statement of Financial Position 31 MARCH 2023 3113123 3113122 Notes FIXED ASSETS Tangible assets 12 7,510 9.388 CUIUiENf ASSETS Debtors Cash at bank 13 31,503 67,881 40,836 26,017 99,384 66,853 CREDITORS Amounts falling due within oli¢ year 14 (6,667) {8,845) NET CURRENT ASSETS 92,717 58,008 TOTAL ASSETS LESS CURRENT LIABILITIES 100227 67,396 NET ASSETS 100,227 67,396 FUNDS Unrestricted funds: Unrestricted DeSAlated Redundancy Fund 16 38,601 11,547 29,552 10,421 50,148 39,973 Restricted funds 50,079 27,423 TOTAL FUNDS 100,227 67,396 The charitsble company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 Pj('0h 2023 in accordance with Section 476 of the Companies Act 2006. The ttvstees a¢knowledge their responsibilities frir (a) ensuiing that the Charitable company keeps accounting records that comply with SeG¢ions 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the State of V4ffairs of the chIlable company as at the end of each financial year and of its sUlUS or d¢fi¢it for each finan¢ial year in accordance with the requirements of Sections 394 and 395 and which otherwise coinply with the requirements of the Companies Act 2006 I'elating to fincIal statements, so far as applicable to the charitable company. (b) The notes forni part of these financial statements continued...
KABOSH Statement of Fiuancial Position - contillued 31 MARCH 2023 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subje¢tto the small companies regime. The financial statemenls were approved by th¢ Board of Trustees and authorised for issue on 10 Dec¢mber 2023 and were signed on its behalf by: Rosemarie McHugh- Accountant- Trustee The notes fonn part of these financial statements io
KABOSH Notes to the FiDancial Statements FOR THE YEAR ENDED 31 MARCH 2023 GENERAL INFOIIMATION The cbai'ity is a private company limited by guar)tee and is a irgistered charity with the Charity Commission forNorthern Ii'eland. The registered office address of the charity is Imperial Buildings, 72 High Street, Belfast BTI 2BE. ACCOUNTNG POLICIES Basis of prep4ring the finaDciAI statements The financial statements of the charitable Gompany, which is a publiG benefit entity under FRS 102, have be¢n prepared in ac¢ordanc¢ with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practic¢ applicable to charities preparing their accounts in acooi'dance with th¢ Financial RetM)rting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) (effective l January 2019),, Fin&ncial Reporting Standard 102 'The Financial Reporting Standard applicable in the UIC and Republic of Ireland, and the Companies AGt 2006. The financial statements have been prepar¢d under the historical cost conventioii. The Ch.1tab1e company has takeii advantage of the following disclosure exemptions in preparing thes¢ financial statements, as pemiitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Cash Flows. Income All income is recognised in the Statement of Financial Aotivities once the charity has entitlement to the nds, it is probable that tlie incom¢ will be received and the amount can be measured reliably. Expenditure Liabilities al'e recognised as expendiMr¢ as soon as there is a legal oi. constNotive obligation committing the chai'ity to that expendithre, it is probable that a transfer of economic benefits will be i'equired ID settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis ]d has been classified under headings that aggregate all Cost related to the category. Where costs cannot be directly attributed to particular headings tbey have been allocated to activities on a basis consistent with the use of resources. TADgible fixed assets All fixed assets are initially recorded at cost. Depreciation Depreciation is calculated so as to write off the cost of an &sset, Ig5s its estimated residual value, over the useful economic life of that asset as follows.. - Office equipment- 200/0 reducing balance TaxRtion The ¢harity is exempt from ¢orporation tax on its charitsble activities. Fund accounting Unrestricted funds can be used in accordance with the charAtable objective5 at the discretion of the trustees. Designated funds are unrestricted fijnds eamiarked by the trustees for a particular tre PUTPOS¢. Restiicled funds only be used for particular rtqtricted purposes within the obJts of the charity. Restrictions arise when specified by the donor or when funds are raised for partiGu18r restricted purposes. continued...
KABOSH Notes to the Fin?ncial Statements- continued FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES- continued Pension eosts and other post-retiremeDt benefits The cbarilable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension schem¢ are charged to the Slatement of Financial Activities in the period to which they relale. DONATIONS AND LEGACIES 3113r23 3113122 Donations ACNI Annual Funding B¢lfast City Council- Ajmual Support 921 37,000 25,000 17 32,408 25,000 62,921 57,425 INVESTMENT INCOII 31ll3 31t3122 Deposit account interest 96 12 continued...
KABOSH Notes to tbe Financial Statements- eontinued FOR THE YEAR ENDED 31 MARCH 2023 INCOME FROM cHATABLE ACTIVITIES Uni'estricted Funds Restricted Funds Total FuDds 2023 Total Funds 2022 Arts Council for Northern Ireland (Projeets) Core (ProjeGts) Arts and Older People Commissioning 20508 8,000 9,176 20,508 8,000 9,176 22,300 8,490 Arts Council Ireland B¢lfast City Council Community Relations Council Culre ireland Departmeiit of Foreign Affairs Reconciliation Fund Diversity Challenges Eastside Arts Future Screens Nl Garfield Weston Foundation Imagine Festival of Ideas & Politics he Trust Linenhall Library Lyric Digital Proj¢¢t Nerve Centre Outcomme Sylvia Waddilove Foundation UK Ulstei. University Univ¢rsity of Teeside University of Warwick US State Department Grant 9,491 10,000 5,000 8J89 5,000 8?89 33,181 33,181 12,053 42,853 1,632 21,919 20,000 2,000 2,000 21,919 20,000 2,000 2,000 2,000 1,000 10,000 15,000 4,142 1,000 3,522 5,000 2,250 1,000 3,522 5,000 2,250 S,437 TiGket sales & eamed income 65281 65,281 57,426 65,281 141,945 207,226 201,824 OTHER INCOME 3113123 3113122 Sundry income 21,306 5,315 Included in sundry income of £21 J06 (2022.. £5,315) is £17,509 {2022: £3,359) relating to Theatr¢ Tax Relief claims for th¢ year ended 31 March 2022. 13 continued...
KABOSH T4otes to tbe Fillancial Statements- contiDued FOR THE YEAR EFIDED 31 MARCH 2023 SUPPORT COSTS Running costs Infoi'mation technology GoverDance eosts PersonDel Totals Pr0mining Unrestricted 88,415 16,222 2,128 4,921 109,558 2,224 96 88,415 18,350 96 4,921 111,782 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after Chargin{crediting). 31ll3 3113122 Depreciation - owned assets Staff pension contributions Independent examinevs fee 1,878 2,609 4,200 2,347 2,015 4,200 TRUSTEES, REMUNERATION AND BENEFITS Ti'ustees, expeDses During the year ended 31 March 2023 payments W.e made to Mary Jord8n. a charity tnjstee, tot811ing £0 (2022: £1,742). in i'espect of services pi'ovided to Kabosh as a project facilitator. io. STAFF cosrs 3113123 3113122 Wages and salaries Social security costs Other pension costs 82,537 3269 2,609 63,483 2228 2,015 88,415 67,726 The avei'age monthly number of employees during the year w&8 as follows: 3113123 3113122 Administrative staff No employees received emoluments in excess of £60,000. Key M#nAgemeDt Personnel Key management personnel includ¢ all persons who h8ve authority and responsibility for planning, directing and ¢onttDlling the activities of the charity. The total consideration (including employers national insurance contributions), paid to key management personnel for services provided to the Charity was £86,185 (2022: £65,598). 14 continued...
KABOSH Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2023 ii. COMPAIL4TIVES FOR THE sTATEmETr OF FINANCIAL AcrIvrriES Unrestricted funds Restricted fuuds Total nds INCO11 AJ4D ENDOWMENfs FROM Donations and legacies 18 57,407 57,425 Charitable aetivities Programming Unr¢strict¢d 144,399 144,399 57,426 57,426 Investment incom¢ Other income 5.315 5,315 Total 62.762 201,806 264,568 EKPEINDITURE ON CbAI'it2ble activities Programming Unrestricted 250.429 250,429 35,391 35,391 Total 35,391 250,429 285,820 NET INCOME/(EXPENDITURE) TraDsfei's betweeu funds 27,371 (12,469) (48,623) 12,469 (21,252) Net movement in funds 14,902 (36,154) (21,252) RECONCILIATION OF VUNDS Total ndS brought foiivard 25,071 63,577 88,648 TOTAL FUPIDS CARRIED FORWAR 39,973 27,423 67,396 12. TANGIBLE FlkED ASSETS Office Equipment COST At l April 2022 and 3 L March 2023 32,667 DEPRECIATION At l April 2022 Charge for year 23379 1,878 At 3 l March 2023 25,157 NET BOOKVALUE At 31 March 2023 7,510 At 31 March 2022 9,388 15 continued...
KABOSH Notes to tbe Financial Statements- eontinued FOR THE YEAR ENDED 31 MARCH 2023 13. DEBTORS: Amouwfs FALLING DUE WITHIN ONE YEAR 3113123 31Dn2 Trade debtors Other debtors VAT Prepayments and accrued income 22,882 33 39,813 1,023 8,588 31,503 40,836 14. CREDITORS: AMOUNTS FALLING DUE INllIN ONE YEAR 3113123 3113122 Trade creditors Soci81 security and other taxes VAT Other creditors Accrued expenses 1,705 1,265 319 362 3,016 1.217 1,854 5,774 6,667 8,845 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS 3113123 Total funds 3113122 TotAI funds Unrestirycted funds Restricted funds Fixed assets Current assets Current liabilities 7,510 45,949 (3,311) 7,510 99?84 (6,667) 9,388 66,853 (8,845) 53,435 (3,356) 50,148 50,079 100,227 67,396 16 continued...
KABOSH Notes to the Financial Ststements- continued FOR THE YEAR ENDED 31 MARCH 2023 16. MOVEMENT IN FUNDS Iyet movement in fuDds Ti'snsfei between funds At 3113123 At 114122 Unrestrieted funds Unrestrithed Designated Redundan¢y Fund 29,552 10,421 61330 (52,181) 1,126 38,601 11,547 39,973 61230 (51,055) 50,148 Restricted fullds Core Quartered ACNI equipment grant Silent Trade The King of East Belfast Before You Go Revival ACNI Aits & Older People.. The Occasional Gardener 2022 Drawing The Ring of Steel Lyric Live to Digital Th¢ Shedding of Skin.. 2022 Green & Blu¢: 2022 Political Discourse In Scbools Reunion Not On Our Watch Gen & Blue.. 2023 ACNI Arts & Older People: The Occasional Gardeiiei. 2023 Live & Learn (11,366) 14,366 (696) 3,000 696 6,749 (1,878) (5,520) 4,871 5,520 (1,207) 4,703 1,207 1,174 (5,877) 5,881 2,792 8,924 (6,385) (892) 504 (1,900) (8,924) 5,651 15,537 (5,651) (15,537) 15,448 640 (17,501) 12,614 15,448 640 17,501 12,614 8,000 5,506 8,000 5,506 27,423 (28,399) 51,055 50,079 TOTAL FUNDS 67,396 32,831 100,227 17 continued...
KABOSH Notes to tbe Financial Statements - colltinued FOR THE YEAR ENDED 31 MARCH 2023 16. MOVEfTrl&NT IN FUNDS- continued Net movement in fjjnds, included in the above are 18 follows: IDeoming resources Resourc expeDded Movement In funds UnrestrAeted fujjds Unrestricted 87,604 (26,374) 61,230 Restricted funds Core ACN[ equipment grant Silent Trade Before You Go Revival ACNI Arts & Older Peopl¢'. The Occasional Gardener 2022 Drawing The Ring of Steel The Shedding of Skin: 2022 Green & Blue: 2022 Political Discours¢ In Schools Reunion Not On Our Watch Green & Blue.. 2023 ACNI Arts & Older People: Th¢ Occasional Gardener 2023 Live & Learn 96J13 (107,679) (1,878) (30,378) (5,877) (IlJ66) (1,878) (5,520) (5,877) 24,858 (6,385) {892) (16,473) {29,625) (2,726) (8,560) (18,201) (6,385) (892) (5,651) (15,537) 15,448 640 (17,501) 12,614 10,822 14,088 18,174 9,200 700 12,614 8,000 9,176 8,000 5506 (3,670) 203,945 (232,344) (28,399) TOTAL FUNDS 291,549 (258,718) 32,831 18 ontinued...
KABOSH Notes to tbe FiDaneial Statements - continued FOR THE YEAR ENDED 31 MARCH 2023 16. MOVEIVIENT IN FUNDS - CODtinued Comparatives for movemeDt in funds Net movetnent in funds Transfers betweeu fuDds At 3113122 At 114r21 Uurestricted fuDds Unrestricted Designated Redundancy Fund 14,6SO 10,421 27,371 (12,469) 29,552 10,421 25,071 27,371 (12,469) 39,973 Resti'icted fund5 Core Belfast Bred One Off Quartered ACNI equipment grant The Shedding of Skin.. 2021 Callings Green & Blue Prague From Oriel to Brexit The King of East Belfast Aftemath Nerve Centre: Makiiig the FUre Before You Go R¢vival ACEII Arts & Older People: The Occasional Gai'd¢ner 2022 Drawing The Ring of Steel Lyric Live to Digit81 The Boy On The Bridge (30,044) 30,044 (1,176) (9,469) 1,176 9,469 696 9,096 26,724 10,000 2,734 3,682 696 6,749 (2,347) {22,056) (28,506) (4,668) 18,506 (2,734) (5,540) 1,858 1,207 20,481 2,838 1.174 1,207 (20,481) (2,838) 1,174 5,881 2,792 (1.076) (825) 5,881 2,792 8,924 10,000 825 63,577 (48,623) 12,469 27,423 TOTAL FUNDS 88,648 (21,252) 67,396 19 continued...
KABOSH Notes to the Financial Statements- eontinued FOR THE YEAR ENDED 31 MARCH 2023 16. MOVETrfENT IN FUNDS- continued Comparative net mov¢ment in fijnds, included in th¢ above are as follows.. Incoming resouree5 Resources expended Movement in funds Uni'estricted funds UDrestri¢ted 62,762 (35,391) 27,371 Restricted fund5 Core ACNI equipment 'alll The Shedding of Skin: 2021 Callings From Oriel to Brexit The King of East Belf&8t Afternlath Nerve Centre: Making the Future Before You Go Revival ACNI Arts & Older People.. The Occasional Gardener 2022 Drawing The Ring of Steel Lyric Live to Digital The Boy On The Bi'idge 57,408 (87,452) (2,347) (33,356) {43,647) (1.327) (425) (19,188) (12,162) (8,316) (30,044) (2J47) {22,056) (28,506) 1,858 1,207 20,481 2,838 1.174 11,300 15,141 3,185 1,632 39,669 15,000 9,490 8,489 29,491 io,ooi 1,000 {2,608} (26,699) (11,077) {1,825) 5.881 2,792 (1,076) (825) 201,806 (250,429) (48,623) TOTAL FUNDS 264,568 (285,820) (21,252) 20 continued...
KABOSH Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2023 16. MOVEMENT IN FtFNDS - continued A current year 12 months And prior year 12 months combined position is as follows.. Net movement in funds Transfers between funds At 3113123 At 114121 Unrestricted h]nds Unrestricted Designated Redundancy Fund 14,650 10,421 88,601 (64,650) 1,126 38.601 11,547 25,071 88,601 (63,524) 50,148 Restricted funds Core Belfast Bred One Off Quartered ACNI equipment grant The Shedding of Skin.. 2021 Calling5 Green & Blue Prague From Oriel to Bffxit Silent Trade The King of East Belfast Afterniath Nerv¢ Centre: Making the Future Beftire You Go Revival ACNI Arts & Older People: The Occasional Ga]'dener 2022 Drawing The Ring of Steel Lyric Live to Digital The Boy On The Bi'idge The Shedding of Skin: 2022 Green & Blue: 2022 Political Discourse In Schools Reunion Not On Our Watch Green & Blue.. 2023 ACNI Arts & Older People: The Occasional Gardener 2023 Live & Leam (41,410) 44,410 (1,176) (9,469) (696) 3,000 1,176 9,469 696 9,096 26,724 10,000 2,734 3,682 (4,225) (22,056) (28,506) 4.871 {4,668) 18,506 (2,734) (5,540) 5,520 (1,207) (20,481) (2,838) 4,703 1,858 (5,520) 1,207 20,481 2,838 (4.703) (504) 1,900 (1,076) (825) (5,651) (15,537) 15,448 640 (17,501) 12,614 504 (1,900) 1.076 825 5,651 15,537 15.448 640 17,501 12,614 8,000 5,506 8,000 5,506 63,577 (77,022) 63.524 50,079 TOTAL Fuf4DS 88.648 11,579 100,227 21 continued...
KABOSH Notes to the Financial Stotsmellts- CODtxnued FOR THE YEAR ENDED 31 MARCH 2023 16. MOVEMENT IN FUNDS - CODtiuued A current ye&r 12 months and prior year 12 months combined net movement in nds, included in the above are as follows: IDcoming resources Resources expended Movement iu funds Unrestrieted funds Uttrestricled 150,366 (61.765) 88,601 Restricted funds Core ACNI ¢quipment grant The Shedding of Skin.. 2021 Callings Fi'om Oriel to Brexit Silent Trade The King of East Belfast Aftennath Nerve Centre: Making the FUre Before You Go Revival ACNI Arts & Older People: The Occ&sional Gardener 2022 Drawing The Ring of Steel Lyric Live to Digital The Boy On The Bridge The Shedding of Skin: 2022 Green & Blue.. 2022 Political Discours¢1s) Schools Reunion Not On Our Watch Green & Blue: 2023 ACNI Arts & Older People.. The OcGasional Gardener 2023 Live & Learn 153,721 (195,131) (4,225) (33,356) (43,647) (1.327) (30,378) (425) (19,188) (12,162) (14,193) (41,410) (4,225) (22,056) (28,506) 1,858 (5,520) 1,207 20,481 2,838 (4,703) 11,300 15,141 3,185 24,858 1,632 39,669 15,000 9,490 8,489 29,491 io,ooi 1,000 10,822 14,088 18.174 9,200 700 12,614 (8,993) (27,591) (11.077) (1,825) (16,473) (29,625) (2,726) (8,560) (18,201) {504) 1,900 (1,076} (825) (5,651) (15,537) 15,448 640 (17,501) 12,614 8,000 9,176 8,000 5,506 (3,670) 405,751 (482,773) (77,022) TOTAL FUNDS 556,117 (544,538) 11,579 22 continued...
KABOSH Notes to tbe FiDancial Statements- continued FOR THE YEAR ENDED 31 IIL4RCH 2023 17. RELATED PAJiTY DISCLOSURES There were no related paty transactions for the year ended 31 March 2023.
KABOSH Detailed Statement of Financial Activlties FOR THE YEAR ENDED 31 MARCH 2023 3113123 3113ll2 INCOM AND ENDOWIVIENTS DonAtions a]Jd legAcie5 Donations ACNI Annual Funding Belfast City Council - Annual Support 921 37,000 25,000 17 32,408 25,000 62,921 57,425 Investment incojne Deposit account interest 96 Charitable activities Project grants Ticket and earned income 141,945 65,281 144,399 57,426 207,226 201,825 Other iDcome Sundry income 21J06 5,315 Total incoming resources 291,549 264,568 EXPENDITUR Cbai'itable aetivities Other motor l travel costs Production publicity costs Actors costs Se¢ costume & stag¢ expenses Othei. production costs Venue hire 13,755 8,752 52,682 13,087 55,459 3,201 7,362 5,621 88,184 9,061 81,182 2,919 146,936 194,329 Support costs Persounel Wages Social Surity Pensions 82,537 3269 2,609 63.483 2,228 2,015 88,415 67,726 Running costs Insurance Carrled forward 2,322 2,322 2,045 2,045 This page does not forni part of the statutory financial statements 24
KABOSH Detailed Statement of Financial Aetivities FOR THE YEAR ENDED 31 MARCH 2023 31Dn3 31Dn2 Running costs Brought fotward Light and heat Telephone Postage and stationery Sundries Bank charges Rent L¢gal & Consultancy fees Repairs & maintenance Marketing costs Other motor l travel costs Staff training Subscriptions Fixtures & fittings d¢pn 2?22 1,417 1,673 284 1,019 376 6,432 30 572 635 561 80 1,071 1,878 2,045 1,531 2,304 250 755 368 6,432 75 I,oii 300 621 265 1,136 2,347 18J50 19,440 Information technology Sundries 96 Governance costs Accountancy fees Board expenses 4,800 121 4,200 125 4,921 4,325 Totsl i'esources expended 258,718 285,820 Net incomel(expenditure) 32,831 (21,252) This page does not forn] part of the statutory financial statements 25