COMPANY REGISTRATION NUMBER.. N1021758 CHARITY REGISTRATION NUMBER: 102947 Replay Productions Limited Company Limited by Guarantee Financial Staternents 31 March 2023 COMPANIF.q ijQ!Ustr 7, SEP 3023 8ELFAST Finegan Gibson Ltd Chartered accounlanls & statutory auditor Causeway Tower 9 James Slreel South Belfast BT2 8DN •JC8JQV40• 07109rJr43 COMPANIES H(XISE JNI
Replay Productions Limited Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees, annual report (incorporating the director's report) Independent auditorfs report to the members 12 Statement of financial activities (including income and expenditure account) 18 Statement of financial position 19 Notes to the financial statemenls 20
Replay Productions Limited Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Director's Report) Year •nded 31 March 2023 The trustees, who are also Ihe directors for the purposes of company law. presenl their report and the fina181 slalements ol Ihe Charity lor the year efmled 31 March 2023. R•f•rnn¢• anil admlnl8tsallv• d•tsll• Registered charity name Replay ProdtKlions Limiled Charity rngistralioii number 102947 Company reg18tr•tlon number N1021758 Principal office and w•gi8ter¢d Easl Bellast Nelwoth Cenlre 55 Templemore Avenue Belfast 8T54FP The INstees C Mccarthy P Jordan - Secretary S 8ogan- Chalr E McKenna- Chair L M¢Keown - Treasurer L Hughes S Harper E Copiand M Baird (Réslgtied 6 December 2022) <Appoinied 6 December 2022) (Appoinled 6 Oecember 2022) Audbtor Flnegan Gibs Ltd Chartered accounlants & slalulw auditor Causeway Tower 9 James Slreel Soulh Belfasl BT2 8DN Struclure. governanc• and ffianagement Key m•n•g•m•nt p•rsonnel Chlel Execullve Officer Flnance and OpeTalions Mana9er Artistic D1clOr Brian Mullan Hayley McBride Janice Kemoghan-Re*Y Govemlnq Do¢um•nl Replay Thealre Company is a company h'mmed ty guaranlee govemed by 115 Memorandum and ArtKles of Associalion daled 041h November 2014. Replay Theatre Company is a registered charity wilh Ihe Charily Commission lor Northern Ireland.
Replay Productions Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (coftdnueoj Year ended 31 March 2023 StnKture, governance and managennt (¢oftW•v8dJ Appointmtne of trustees The Chairman and Ihe Twstees reewit and select new Truslees as needed. Nèw Trttsieè$ are ruited on the relevance of IheiT professional skills, and their potential lo be able to make helpfvl conlribution to Ihe govemance of the charty. As part of the recruilfflenl FKocess ttrEy are made awafe of a Trustees, legal OblallonS under Charity and company law. the ccffitenl ol the Memorandum and Artiles of Associalion, Ihe committee and decision making processes. Ihe business plan and recent fmancial performance of the charity. Once the potential new Twstee has agreed to be considered for appointment to the role. the Trustee5 meet to review and lo vote on the candidates. suitabilty for appoinlmenl. If there is unanimous a9reemenl. their names are Ihen proposed for appoinlmenl. to the voling Members ol the Cornpavry al the next Annual General Meetin9. Should there be a gap in skils a new member may be co-opted by current Tntstees should an AGM be sorne time away. Obje¢tlv•g and acllvllleg Replay The3tre Company. as Ihe company is more commonly known. has been fflaking Iheatr• advenlures for younger audiencs since 1988. We develop and tailor aur woth lo engage ar Inswrefour key audlences under Ihe age of 19.. from tiny babies In our early years yo9ramme, to primary school age children of all abilitles and background$. to léenagers jOurneyin9 inlo adulthd, ar#Jchildren and y<)ung people wilh diverse, complex, and often mulliple disabililies. In shaping our 0tr4'ectives for Ihe year and planning our aclivilies. the 1rustees have considered Ihe Charity ClmIssIon.S guidance on public benefft. Our Vision Enriching the lives ol young audiences in Northern Ireland and beyond through valued. world dass Iheatre Our Puose Replay's purpose is to create world class theatre especialy young audiences. because it is everychild's human right lo have Iheir lives enriched thfough the arts
Replay Productions Limited Company LimSt¢d by Guarantee Trustees. Annual Report Ilncorporating thé Diractor's Report) {coTrdnu•dJ Year ended 31 March 2023 ObJe¢tlvè8 and actlvltl•$ i¢ondnu•rfJ Our Values E¥¢•ll•n¢e Artistic Excellence - We strive to ensure Ihal Dur creativity Is underplnned by quality and excellence thTOU9h Ihe dellvary ol a challen9ing and le8ding-edge programme of work. Operalional Excellence - We strive lo maintain U)e highest slandards of efficiency in all areas of Company business. Working effeclively within Ihe Company's iesources, we aim lo deliver Ihe highest slandard$ in projects, services, and managemenl practices, and lo adhere lo best practice $18ndards In Ihe govemance and managemeni of Ihe company. Incluslon W8 are ts)mmitted lo explorlng and devaloping a broad portfolio of stralegies lo ensure our core ethos of inclusion is al the very heart ol everylhing we do, supporting the riohl of every child and young person to access high qu81Ity artislic activities. Innovatlon We woik consislenlly to incorporate new insighls and best practice inlo our crealive programme. We creale opporlunili8s lo advanGe our company's skills and expertlse, ensuring Ihal innovative, world-class, cutling-edge Ihealre lor young audience8 18 doloped on an ongoing and su$talnab basis in Northern Ireland. Int•grity Wo valuo our artisls, our audience$, and our dellvery partners and fvnders. We are committed lo working Iransparenlly and wilh respect lor the inveslrnenls of lime, skills. expellen. money, and olher resources thal make our Importanl work posslble. Sustainablllty We are delemiined lo maximise the benef that can be drawn from the environmental and finanaal resources we use to develop and deliveT our ¢81•ve producllons, and lo reduce waste and Inefficlencies across all of our aQNilies. As part ol this commilmenl, we are passionBte aboul ensuring ihal Northern Ireland's children contlnuo lo have ac¢e¥s lo Ihe hlgh-quality theatre experiences that we deliver, long into Ihe future.
Replay Productions Limited Company Limited by Guaranteo Tru8tses' Annual Raport Ilncorporating the Directorfs Report) (conthiu8d) Year ended 31 March 2023 Achlevements and perf0mnCe 2022 - 2023 Pmgramme olActivities Replay Thealre Company came inlo this reportiThJ period off Ihe back of a very busy year which had been impacted by conlinued restrictions due to the COVID19 pandemic. Thankfully Ihe work In Ihe Current period was able to lake place in a much mole slable envKonment where lockdowns and reslriclions appeared to be a Ihing of Ihe pasl. Following the successlul run of THE UNTOLD TRUTH OF CAPTAIN HOOK at The MAC in Belfas1 Ihe previous year Ihe company look the show on the load visiting venues across Norlhem Ireland. Challenges still existed w5th regards lo audien¢•$' wlllingnevd lo come to Iheatres but a ol shows was slill possible. The summer saw tho introduclion of a new approath lo the ¢ompany's summef scheme woth with special schools a0$$ Northem Ireland. VVolng with ndependenl artist Brona Jackson. Replay produced a lour ol her piece WILO ONES lor yotmg audiences wrth PMLD. This sh¢yw toured across Northem Ireland for 4 weeks and has kickslarted a new Artisl Development Felkwship 10 bein9 in Ihe summer of 2023. Focus quickly shifted lo the relour of THAW. a piece ol wnmersive theatre for young PMLD audiences where Ihe company built upon its ielalionship wiu) The MAC in Belfast to lake up week residency n a nwnber ol thealres auoss Northem Ireland deliverng a week's worth of shows for young audience. fflakiTrJ the wortt regi¢)nally accessible. In 2023 Replay Theatre Company turned 35 and lo mark Ihbs occasion tha company staged 2 brand n•w produclions as part ol the Bellast ctldren'8 Festival In March 2023. P.R.l.S.M., a groundeaking indusive theatre expeiience. a brand-new show for young physically dlsabled audlences prerniered 81 the Lyric The81 before embarking on a regional tour lo venue8 across Northern Ireland, and Hawks Well Theatre in Slw. In Ihls show inler-dimensional Iravellers. Oawn and Dusk, have been stuck in an emply void dimension lor lar loo I19. V¥Then Dusk dewses a radical sclutn lo Iheii problem il hurfs them into dAnension and has calaslrophic consequences for their onboard guide and best In'end, P.R.l.S. V¥llh Commissioned SIXiPl from experfenced local induslve perfoimer and playwright Gary Crossan, P.R.l.S.M. is a tradilh)nal thealre experience wilh a Repay twist. presented in a twly accessible lomial for disabled and non-disabled children and young people. Building acLessibilty into Ihe experienL% wilh a unique lake on audIdeSCriptIon buin into the nwrative for all the show Ioufed with lo ol performances being captioned and al least 50°k with BSL inlefprelation. MIRRORBALL, a mtssical Show designed for posl.primary audiencAs also premiered at the 8elfasl ChldreTr's Festival. It is based on the lrfe expeiiencks ol Nl theatre maker, performer and drag queen Matthew Cavan (drag name Cheffi& Ontop).
Replay Productions Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrectorfs Report) (conllnu•dJ Year ended 31 March 2023 drag. In Matthew's words 'drag saved my lrfe". The show star5 Matthew and has a lolal cast of four. 11 Is wiitlen ty Patrick J O'Reily. direcled by Janice Kernoghan-Reid and ojmposed by Garfh Mcconaghie. 11 will be devdoped a year. induding creatNe consu#alion with ils intended audience at schools around Northem Ireland. This brand-new show is aimed at teenage audtences. Iradilionalty Replay's mosl challenging group io connecl wrth. Illhile Ihis production premiered in March 2023, wilh a very short iun, as part of a Replay ijouble bill to ffta the company's 35th Anniversary, il will receive a longer run in 2023r24 PAR TNERSHIP WORKING Belfast Chlldr•n's Fe$llval & TYANI In 2022-23 the company continued in its Commitfflent to building Ihe wifra51ructure and raising Ihe Profile of theatre for young audiences and Ihe arts secior (n general. Throughout the year Replay was represented ¢)n mulliple nalional and InternalicA forums online ensurin9 Ihal Ihere was represenIatn of TYANI. Replay premlered 2 8hows at Bellwt Chlldren'8 Fe3tlval In 2023 wlth work programmod for the le$liv81 for at least the nexl 2 years. Replay also continues to Mentor a nmiber of Individual artists on an ongoing basis, several of whom have since {with Replals support) suc¢esslully applied for ACNI Support foi the Individual Artisl Programme Artisl Career EnharKomenl Scheme Awards. As part of the company's ongoing commilmenl lo the UPI Programme the Incluston Lead Artlst ¢cnlinues to deveh)p partnerships with special schools and theatre verMJes across Northern Ireland in order to path a way where the inclusive practice would nol be èxdusively bvailable to those attending special schools only. This could allow for Ihe company bund on ils delivery of w oulside ol Ihe school seMing$. Th8 company has conlinued lo deepen its working paflnerships with a number of venues both In 8ellasl and regionally with the key aim of bringing theatre for young audre5 lo a5 many young people across Northern Iland as possible.
Replay Productions Limited Company Limited by Guarante• Trustees. Annual Report (Incorporating the Directorfs Report) l¢onVnu Yoar ended 31 March 2023 New Work Development Replay wlll enter Into th• developmenl ol new works In 23n4 Real & Maglc ReF4ay's next show (or early years, Real & Magic {woiking litle) is a celebralion of (Ipposiles - up and down, fasl and slow. dose and fai away. yes and no. Designed for little ones between 2 aTrJ 4 vtho mighl consider Ihemsefves big ncw, Real & Magic celebrales children findlng thelr volce. and grown.ups losing ihelf sanityl Created in consullalion wilh Ihe staff and clienls ol Ihe Oevelopmenlal Pro9ramme for 2-3 year-olds at Easl Belfast Surestart, Real & Magic supports children's nalural learning at this age wtrile enclagIng curiosity and physical exploralion of the performance space. V•fveteen R•bblt Replay's new sh<Mt 1$ an original mustcal adapted from Ihe children's dasslc Th8 Velveteen Rabbit by Mar9ery Williams. A warm, nostalgic and lender tale of a l)oy. his favourile loy and h1 being loved c3n make us real. Wlh a sGripI by celebrated wriler Jan Carson and music from Duke Spedal, Ihis show brings logether the very best ol Northem Irish talent In a feslive the8lrical feasl lor al the lamity. "Generally, by Ihe lime you are real. mosl ol your hair has boen loved off, and your eyes dmp out and you gel loose in Ihe ioints and very shabby. Bul Ih•$• Ihings dony matter al 811, because once you are Re81 you canl be ugly. •xcepi to people who don't understand.. Thi$ projecl is belng deslgned speclfically lor young audlences an(1 farnity audlences with an optlmal chldren's a9e range of &12. Replay will premlere a new production lor aulislic andlor neurodivergenl audiences agèd 8-18 31 Bellast Children's Feslival in March 2024. Vthth a working litle of HOLLOW, the show is set In a mechanical world deep below the surface. offering an irnmersive inclusive theatre experience Ihal'¥ inspired by the curiosilies and sensalions of under9round ex¢avalion. Each show of HOLLOW will perform lo one aulislic andlor neufodivergenl young person, delivered by Ihree professional aclors. Each audience member can be accompanied by up lo Ihree familiar adults lor a shared Sooal experience. AchiYtm¢nts ind p¢rfornin¢¢ (eonilrn A speclal WQTd of thanks Replay Thealre Company is aayS grateful for Ihe fmancial support il ceIveS from Ils nderS. This has been another very challenging year due to the ongoing cost of Imng crisis and Ihe Increase in costs of makiryJ Ihis wCk and the Boaid would like lo lake this oppcrflunlty lo SFecificalty thank rts funders tor Ihe great underslandlng and Ilexibility they have shown and additional support provided by Me.
Replay Productions Limited Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Directorfs Report) (¢oTrthu•dl Year end•d 31 March 2023 Finan¢i•l Revlew Replay's income fof the period amountèd lo £406,618 (2022.. £351,545) which met expenditure of £383.121 {2022.. £374.505) leaving a reported 9ain of £23.497. This added to reserves tKoughl fonvard leaves an unrestricted fund balance of £105.169 and a restricted fund balance of £33.880 at 31st March 2023. Aehlevements and performaD¢e (conrfnued) Reserves poll¢y and golng cO¢M ReseNes are needed to bridge the timing gap belween spending and receiviNJ ol #irne and to o)vef unplanned lemporary shortfalls in income should Ihey arlse. Holdx)g adequate reserves saleguards the provision ol our services in the event of unexpeded significant financial pressures. The Iruslees eonsider Ihal the ideal level ol reser4es would be betweèn three lo six months expendilure which for Ihe year ended 31 March 2023 would be belween £95,780 and £191,561. Unrestricted rèsèrvès Ireety available lo $ptr, thefelore exduding fixed assels, restrietéd reserves and desl9naled reseNes amounted lo £40.525 which Is below tacget lev81, *eVer the trustees belRve Ihis represents a sufficient level of reseNe to ensure Ihal th¢ going concem assumplion is appToprlate. RIJA m•nag•m•nt The Replay Board meels on a quaflerly basis where Ihey exambne the rrent strategic risks faced by the Company. Risks are given a fed-amber-gfeen status deperKling upon bolh the I811h0o0 ol Ihe risk malerialising and Ihe severity of the outcome of an instance. Actlons are agfeed at these rneelings lo mlll9ate agalnsl these rlsk5.
Company Limited by Guaranteè Trustses, Annual Report (Incorporating the Directorfs Report) {¢ondnufjdJ Year ended 31 March 2023 Plans for future perfods Goveman¢e & Management Replay recognises the importance of good governance and managemenl in achieving artislic aimsand ensuring the impact of Ihe company'5 WO for beneficiaries. Replay has developed a S-year strategic plan runnlng from 2019-2024 In which largets for each year are operationalised Ihrough an annual outcome delivery planned which is monilorèd on an going basis by senior management and the Board. In 2022-2023 the company continued to slrive to reach the highest levels of best practice. •4 Ch*1 •[lI¥•
Replay Productions Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporatlng the Directorfs Report) (¢•niinu•O)
Year ended 31 March 2023
Replay has a nnber ol sub
Replay Productions Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnued) Year ended 31 March 2023 Trustees, responsibilities Blatement The trustees. who are also diredors for Ihe purposes of company law. are responsible for preparing the Iruslees. report and the financial statements in acLordance with applicable law and Uniied Kingdom Accounling siandards (United Kingdom Generally Accepted Accounting Praclice). Company law requires Ihe charity Iruslees to prepare financial slatements lor each year which give a InJe and fair view of the stale of affairs ol the charitable company and the incoming resources and application of resources, including the income and expenditure, for lhat period. In preparing these financial stalements. Ihe trustees are requlred lo., select suitable accounting policies arKI then apply Ihem consislentty- observè the melhDd8 and principles in the applicabl6 Charilios SORP: make judgments and accounting estimates that are reasonable and prudent,. prepare the financial slalemenls on the going concem basi5 unless il Is inappropriale to presume thal the ¢harily will continue in business, The Irustees are responsible for keeping adequale accounling records Ihal are sufficient lo show and explaln the charitys Iransacllons and disclose wlth i•asonable accuracy at any lime the financial position of the charity and enable Ihern lo ensure Ihal the financlal slalemènls comply wilh the Companio5 Acl 2006. They a also iesponsible for safeguarding the assels of the charity and hen for taking reasonable sleps for Ihe prevenlion and deledion of Iraud and other irregularities.
Replay Productions Limited Company Limited by Guarantee Trustses. Annual Report Ilncorporating the Directorfs Report) (¢oniinv•dJ Year •nded 31 March 2023 The charity truslees {who are alw the directors of Replay Pioductions Ltd for the purposes of company law) are responsible lor preparing Ihe trustees. annual report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Slandards Iuniled Kingdom Generally Accepted Accounting Practice). Company law qUireS Ihe tnjstees to prepare accounts for each financial year. Under eompany law the Iwslees musl not approve the financial slatements unless Ihey are satisfied th81 Ihey give a true and fair view of Ihe state of affairs of the charty and the income and expenditure of the charity lor that period. In preparlno Ih*$e 8¢¢ounlS. Ihe Iruslee8 are requlfed to.. Sele suitable accounting poli(aes and Ihen apply them ¢onsi$lenlty', . observe the melh¢ds and prin¢iples in Ihe Charities SORP; make judgements and accounting estimates that are reasonable and prudent: stale whether applicable UK aceouniing standards have been followed, subject lo any malerlal departures disdosed and explained in the financial slatemenls; and prepare Ihe financial stalemenls on Ihe going concem basis unless il is inappropriale lo presume that the charity will continue in operation. The Iwslees afe responsible for keepin9 adequale accounliDg records Ihal ale suificienl to show and explain Ihe Charty's Iransaclions and disclose with reasonable accuracy at any lime Ihe financial position of Ihe charily and enable them to ensure that the financial slalements CA>mply wtth Ihe Companies Act 20C6. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for Ihe prevention and deleclion of Iraud and other irregularities. The trustees are responsible lor the maintenance and integrity ol Ihe Corporate and financial Informalion included on the charitable company's w8bsi18. Legislation In Ihe United Kingdom 90vernino the preparalion and dissemination of financial slalement5 may differ from leglslallon in other jurisdictions. Audltor Each of the persons who is 8 twslee al the dale of approval of thi8 report confirms that: so far as each Irustee Is aware. there is no relevant audit infornialion of whlch the charlty's audrtor is unaware,. end each trustee has taken all steps that Ihey oughl to have taken as a trustee to rnake Ihemselves aware of any relevani audil lfilomalion ond lo e51ablish Ihal the charity's auditor is aware of Ihai informallon. Small company provisions This report has been prepared in accordance wtth the provisions applicable lo companies entilled lo the small companies exemptlon. 12
Replay Productions Limited Company Limited by Guarante• Trustees. Annual Report (Incorporating the Directorfs Report) (¢ondmie¢ Year ended 31 March 2023 The Iruslees, annual rewl was approved on 5 September 2023 and soned on behalf of the board of trustees by.. E McKern& Cha Trustee 13
Replay Productions Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Replay Productions Llmited Year ended 31 March 2023 Opinion We have audiled the fancial slatemenls of Replay Productions Limrted (the 'charity') for the year ended 31 March 2023 which comprise the staiement ol financial adivilies (including in¢ome and expendil(Ke aemint). slatement of financial position and the related notes. induding a summary ol sn1can1 accounting policies. The financial feporting framework Ihat has been applied in their preparalion is applicable law and Unrted Kingth)m Accounting Standards. indudKig FRS 102 The Financkgl ReportiThJ Standard appl¢able in the UK and Rewbh'c of Ireland (Uniled Kingdoffl Generally Accepled AC(xntIng Practice). In OUT opinton the financial sialemenls.. give a Irue and lair view ol the stale of the charty's affairs as al 31 March 2023 and of its incoming resources and applicats'on of resources, inclwjing its income and expendrture, lor the year Ihen ended: have been properfy prep8red In aLrordance wllh Uniled Klngdom Generally Ac4epted Accounling Piaclice: have been prepared in accordance wrth Ihe requirements of the Companies Act 2QA. 8asl$ for oplnlon We ¢onducted rAtr audit in acco[dae wilh Inlemalional Slandards on Auditing (UK) (ISAS {UK)} a1 applicable law. Our re5ponsibilili8s under Ihose standards are further described in Ihe audilorfs responsibilities for the audit ol Ihe financial slalemenls section of our report. We are independenl of Ihe charity in acL4)rdance with Ihe elhical requwemenls Ihat are 'relevant lo r audit ol the financial statemenls in the UK, including the FRC'S Ethlcal Standard. and the provision$ availablè lor small enlilies, In the clrcumstance8 sel out below. and we have fuffilled our other ethical responslbllilles In accordartce wrth Ihese requiremenls. We believe that the a111 evidence we have obtained is sufflent aTrJ appPriate lo provide a basis for our opinion. In comfflon wllh many other businesses of our size 8nd nalure we use our auditors lo assist wilh Ihe prepar81ion of Ihe fnancial stalements. Conclusions rnlating to going concem In audlirg the financial slatemenls. we have concluded Ihat th• truslees. us• of Ihe going coeM basis crf 8¢counting in Ihe preparalb)n of Ihe fala1 slalements Is appropriate. 8ased on the WOTk we have performed. w8 have not identifie(l any material uncertaintiès relats'n9 10 events or condrfions Ihat, individualy or colleclr¥ely. may casl significanl doubl on Ihe charty's ability to conlinue as a going cOrM lor a period of at least twelve months from when the financAI statements are aulholised for issua. Our responsibilities and the responsibilities of Ihe iwslees wilh Spect to going concern are described in Ihe relevant seclions of this weport. 14
Replay Productions Limited Company Limited by Guarante• Independent Auditorfs Report to tho Members of Replay Productions Limitsd (¢wUnu•dJ Year ended 31 March 2023 Other Inforniatlon The other inforfflalion comprises the information included tn the annual report, olhel than the financial statement5 and our auditor's report thereon. The Ifuslees are responslble for the other infomalion. Our opinion on Ihe financial slalemenls does not Cover the other information and, exLpI lo the extent olherwise explicitly Stated in our report, we do not express any fom of assurance e£Trdu$lon thefeon. In conneclion with Ouf audbt of Ihé financial statements. our responsibilty is lo read the other inlormation and, in doing 80, consider whether the olher information 15 rnaterially inconsistent with the Ilnanclal slatemenls or our knowledge oblained In the audit or otherwise appears to be materlally misslaled. If we identify such material inconsistencies or apparent material rnisstatements, we are required lo determine wh8lher there is a material missialement In Ihe financial statements or a material misslalemenl of the other information. If, based on Ihe Wofk we have perfom)ed, we conclude that there 1$ a material misslalemenl of this other informalion, we ara required lo repon that facl. We have nothing to report in this gard. Opinions on oth•r mattern prn•¢rib•d by th• Compafil•8 Act 1006 In our oplnion. based on the work undertaken In the course of the audil: the information given in the trustees. ieport for the financlal yeaf for which the finan¢5al slalemenls are Prepared Is eonslslenl with the financlal slatemenls; and the Iru$tees' ieport has been prepared in 8ccordanc• with applicable legal requlrements. Mattérn on whlch w• arn rnqulrnd to Mport by •x¢•ptlon In Ihe lighl of the knowledge and understanding of the Gharity and its environmeTrt obtained in the urse of Ihe audit, we have nol identified fflaterial misslalements in the lrnstees, repom. Wo havè nolhing lo report In iespacl of Ihe followlng matters In fel8llon to which the Companies Act 2006 requlfes u810 report to you il, In our opinlon., adequale accounling recofds have not been kept, or relums adequate for our audit have not baen f81Ved from branches nol vlsited by us: or the financial slalements are not in agreement with Ihe accounting records and reivrns: oi certain di6cIo8ures of trustee8' remuneration 8p•cified by law ar• nol made; or we havg not reGeNed all the infornialion and explanations w• require for our audit: or Ihe Iruslees were not entilled lo prepare the financial statements in accordance wilh the small Companies regime and lake advantage of Ihe small companles, exempiions in preparfng the diredors. report and from Ihe requirement to prepare a strategic report. 15
Replay Productions Limited Company Limited by Guarantee Independent Audltorfs Report to tho Mombers of Replay Productlons Llmlted (ctrndnu•dJ Year ended 31 March 2023 Rosponsibllltlo$ of Irusteeg As explained more fully in the irustees, responsibilities statement, Ihe Iruslees (who a also the directors for the purposes of company law) are responsible for the preparation of the financial stalemenls and lor being satisfied that they give a Iwe and fair view, and for such intemal control as Ihe Iruslees determine Is necessary to enable the pieparati¢)n of financlal statements that are free from material misstatement. whether due to fraud or error. In preparing the finanaal statemernls. the truslees are responsible for assessing the charty's abilily to continue as a going concern, disclosing, as applicable, matters related lo going ¢oncem and using the going concern basi$ ol accounllng unless the trustees ellhef inlend lo liquidate the charty or to a$¢ operations, or have no fe81istlc alternative but lo do 80. 16
Replay Productions Limited Company Llmited by Guarantee Independent Auditor's Report to the Members of Replay Productions Limited (¢ondny•rfJ Year ended 31 March 2023 AudIt08 rnsponglbllitie8 for Ihe audit of Iho financial statsm•nts Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole ale free from material misstatement. whether due lo fraud or error, and to issue an auditofs report Ihal include5 Our opinion. Reasonable assurance is a high level ol assurance. bul is not a guaranlee Ihal an audit conducted in accordance wrth ISAS {UK) will alayS detect a material misstalemenl when11 exists. Misstal8ments can arise from fraud or error and are considered material If. individually QT in the aggregate. they could reasonably be expeded to influence the economic decisions of users taken on the basis ol Ihese financial slalemenls. lffegularilies. including fraud. are instances of non-cornpliance with laws and iegulations. We d6sign procedures in line wtth our responsibilities, outlined above. lo delect material misstatements in respect ol irregulafilies, induding Iraud. The eent to which our procedures are capable of deleding IegUlaTi¢le5, including fraud is detailed below.. In identifying and a55e55in9 ri5k5 01 material rnlsslalement in respect of irregularities. including fraud and non-compliance with laws and regulations, we C41nsidered the following.. the natuie of the Induslry and sector, ccntrol onvironm•ni and busffte$s performance ineludlng the design of the remuneration policies, key drivers for direclors. remuneration, bonus levels and performance targets: results of our enqulrles of management 8boul their own idenlific8tion and 8s8e$smenl of the risks of irregularities,. any matters we idenlified having oblained and reviewed documentalion of Iheir policies and procedure5 relaling10.' idenlifying. evaluating and complying wrth laws and regulations and whether management were aware ol any instances of non-compliance.. delecting and responding lo the risks of fraud and whelher managemenl have knowledge ol any actual. suspected or alleged fraud., the internal controls eslablished lo miligate iisks of fraud or non-compliancé wilh laws and regulalions. the matters discussed among the audit engagement leam inctudlng signillcant component audll teams and relevanl intemal specialists, including tsx and v8lu81ions specialists reg2fding how and where fraud migm <)ceur in the financial siatemenls and any polenlial indicalors of fraud. As a result of these procedures, we considered the opportunilies and Incenlives Ihal may exist withln the organi5ation for fraud and identified the greatest polenlial for fraud. In common wilh all audits under ISAS (UK). we are also required lo perfofm specific Pfocedures to respond to the risk of mana9em8nt override. We also obtained an understanding of the legal and regulalory framewoths in operation. focusing on provisions of those laws and regulalion5 that had a direcl effect on the detenninalion of malerial amounts and disclosures In Ihe financial slatements. The key laws and regulalions we considered in this cDnlexl included ongoin9 cornpliance with Ihe UK Companies Act and tax legislation. In addition. we considered provisions of olher laws and gUlationS that do not have a direct effect on the financial slalemen15 bul compliance with which may be fundamental for Iheir ability lo operate or to avoid a material penaty. 17
Replay Productions Limited Company Limited by Guarantee Independent Auditorfs Report to the Members of Replay Productions Limited Year ended 31 March 2023 As part ol an audbt in ac£ordance wilh ISAS (UK), wo oxercise profes51al I19m¢nI and mainlain PTolessional sceptKism Ihroughoul Ihe audit. We also.. Identrfy and assess the risks of material misslaleTnent of Ihe financial statemenls, whelher due to fraud or error. deSn and perform audit procedures responsive to those risks, and oblain aurfil evidence Ihal is Sufflent and appropriate to provide a basis lor ow Opinion. The risk of not delectry a material misstalemenl resulting from fraud is higher than foi one fesulling from error. as fraud may involve colhjsion, lorgery, intentional omission5, misrepresenlalions, or the override of intemal control. Oblain an underslanding of internal conirol relevant to the audit in ordef to design audit procedures that are appropriate in Ihe circumstances, bul not IOT the purpose of exrAet+sing an opinion on the effectiveness of the inlemal eontrol. Evalua1e Ihe approprialeness of ar£ounling polirxs used and Ihe reasonableness of aw>unting esb'rnates and relaled disclosure5 made by the trustees. Condude on Ihe approprialeness ol Ihe truslee$' use of the going concern basis of accounting and. based on the audil evldence oblalned. whether a material uncertainty exists relaled to events or conditions Ihal may cast swnificanl doubl on Ihe charitys ablity lo conlinve as a going concem. If we cA)nclude Ihat a material uncertainty exists. we are required lo draw attention in our auditorf¥ report lo the relaled disclosures in the financial stalemenls or. rf such disclosures are bnadequale, lo modify our opinion. Our condusions are based on the audit 8vidence oblained UP lo Ihe date of our audilorfs report. However. fvlure evenls (Y condilions may cause Ihe charrfy lo cease lo continue as a golng cmcern. Evaluale the overall presentation. stwclure and ¢tent of the fn¢181 stalemefrts. indudiftg the discbosures, and whether Ihe financial statements represenl the underlying transactions and evenls in a manner that aGhieves faty presentati¢. 18
Replay Productlons Llmlted Company Limited by Guarantee Independent Audltorfs Report to tho Members ol Replay Producllon8 Llmlted (¢oniinu Year ended 31 March 2023 We communic41e with Ihose charged wilh governance regarding, anyjng other matters. the planned scope and tirning of the audil and sunificanl audil findings. including any swnrficant deficiencies in hlemal cffltrol Ihal we identify durin9 our audil. Use of our report This report is made solely lo the ch8nVs mernbers, as a body. in acc4ydance wilh Chaplef 3 01 Part 16 01 Ihe Companies Act 2008. Our audit work has been undertaken so that we rnh1 slate lo Ihe charlty's member8 Ihose matters we are fequlred lo slate lo them In an eudltorfs report and ILY no olher purpose. To the lullesl extent pennitled by law. we do not alpt or assume responsibility lo anyone other than the charity and the charivs members as a body. for our audit work, for Ihls report. or for Ihe OniOnS we have fomied. Paul Dolan FCA (Senlor Statutory Audllor) For and on behalf of Flnegan Gibson Ltd Charlered accounlant$ & $latul¢ry auditor Causeway Tower 9 James Street Soulh 8elfast BT2 8DN 5 September 2023 19
Replay Productions Limited Company Limited by Guarantee Stalement of Financial Activities (including income and exponditure account) Year ended 31 March 2023 2023 Restricted funds Total funds Tolal funds 2022 Unrestrlcltd funds Nolè Income and endowrnents Donations and legacies ChaTilable aclivilies Inveslmenl income Other income 629 140,704 629 370,209 1,422 350,109 14 229,505 35,777 35.777 Total Incom• 177,113 229,SQS 406,618 351,545 Expendllur• Expendilure on chariiable actlvities Total expenditure 162.786 220,335 220,335 383,121 383,121 374,505 374,505 162,786 N•t Incom•l(•xp•ndlturn) 14,327 9.170 23.497 {22,960) Transfer$ belween funds 13,202 (13,202) Net movement In lund8 27,529 {4,032) 23,497 (22,960) Re¢onclllatlon ol funds Tolal funds broughl foThYard Total funds carried fornard 77,640 37.912 115,552 138.512 105,169 33,880 139,049 115,552 The statement of financial aclivllles Include$ all gains and losses recognised in Ihe year. All income and expenditu derive from ¢ontinuing activities. The natès on pagès 20 to 30 fonn part ol thès• flnanclal statements. 20
Replay Productions Limited Company Llrnit8d by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Note Flxed assets Tangible fixed assels 15 30.764 34.984 Currnnt assets Deblors Cash at bank and in hand 16 48,395 BO,000 39,839 78,941 128,395 118,780 Creditorn: amounts falllng due wlthln one year Net ¢tsrrènt a88ets 17 20.110 38,212 108,285 80,568 Total assets less cufftnt Ilabilllles 139,049 115,552 Net assets 139.049 115.552 Funds ol th• eharfty Reslricled funds Unrestricted funds 33.880 105.169 37,912 77,640 115,552 Total charity fundg 20 139,049 These financial stalemenls have been prepared w) aecordance with the provisions applicable to companies svbject lo the gm811 companies. regime. These financial statements were approved by ihe board of Iruslees and authorised for Issue on 5 September 2023, and are slgned on behalf of the board by: E McKenna. Chalr Truslee The no¢es on pages 20 to 30 foftn part ol these flnanelal statements. 21
Replay Productlons Llmited Company Llmited by Guarantse Notes to the Financial Ststements Year ended 31 Mah 2023 G•neral Inforniallon Th• chailty Is • pubjlc b•n?fJl entity and a privale company Ilmited by ovarantee, registered in Northern Ireland and a regislered charity in Northern Ireland. The address of the reglslered office is East Belfast NetWQTk Cenlro. 55 Templemore Avenue, Belfast. BTS 4FP. Statement of Compllance These financial slaternenls have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the Stalemenl of ReLmmended Pr8clice applicable lo chaTities preparing their accounts in acrdancE with thè Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Ch8ri1189 SORP (FRS 102)) and thè Companie$ Act 20C6. A¢countlng pollcle8 B•8ls of preparallon The financial stalements have been prepared on the historical cost basis, as rnodifièd by the revaluation of certain financial assets and liabilities and inveslmenl PToperties measured at fair valu8 Ihrough income oi expenditure. The financlal slalemenls are prepared In slerllng, which Is lh• luncllon81 Gwrrency ol Ihe entity. Golng con¢•rn There are no material uncertainlies about Ihe charity's abllty to contlnue. Dl$¢losure exemptlons The entity satisfies the Criteria of being a qualifying •nlity as defined in FRS 102, As such, advantage has been taken ol the following dlsclosure exemplions 8vailable under paragraph 1.12 of FRS 102: a) No cash flow Stalement has been presented lor the company.(b) Dlsclosuies in respect of financial in8trumenl& hav• not been presented. Judgements and key sourceg ol estimation uncertainty The pmpaiation ol the financial statements requires managemenl to make judgemenls. eslimates and asstsmpiions Ihal affect the amounts reported. These eslimales and judgement5 are Mnlinua15y revièwèd and are based on experience and other factors, induding expectations of fulure events that are believed lo bo featnable under Ihe circumstances. 22
Replay Productions Limlted Company Limited by Guarantee Notes to tho Flnanclal Statements (¢onrfnu¢rfl Year ended 31 Ilarch 2023 Accountlng pollde8 1¢ontlnyeo) Fund accounting Unrestricted funds are available tr use al the discrelion of the trnslees to further any of the chaTitys puiposes. Des*3nated lund$ are UestriCted fijnds earmarked by the Iiustees for particular fulure projecl or commitmenl. Restitled funds are subjecled lo restrictions on their expenditure deClad by the donor or Ihrough Ihe temK of an appeal, and fall inlo one of Iwo sub-classes: reslrlded Incorne funds or endowmen1 funds. Incoming r•sour¢es All InrnIng resources are induded In the slalenxnt of financlal actlvllies vthen entrtlemenl has passed lo Ihe charity: il is probable thai the erK)Mi¢ benefi15 associated wilh the transaclion will ftow lo the charity and Ihe amount can be reliabty measured. The lollowlng specift policlos afe applied to partlwlar Galegorfes of inMme'. incune Irom donalions or grants is reco9nised when Ihere is evldence of enliilement to the glft. receipi18 probable and ils wnounl can be measured reliably. legacy incorne is recognised when receipt is pft)bable and entitlement is eslabltshed. Income from donaled goods is measured at Ihe falf value of the goods unl8$5 this 18 Impraclical to measure reliabty, In whioh case Ihe value Is derived from the cost lo the donor or Ihe estimated resale value. Donated faclI1eS and ser¥ices are iecognised in the aeeount5 when recelvedll the value can be reliably measufyd. No afflounls are included lor the contrOJthion of general volunteers. Sncome from contracts for the suppty ol ser4rAs Is recognised wilh the delivery of the ¢onlraded serlice. This is dassified as unreslricted fijnds unless Ihefe is a contractual requirement for il lo be $penl on a partlculai Pufpose and r•lum•d il un8pent. In wl#ch Case It may be regarded 89 ieslricted. 23
Replay Productions Limited Company Limited by Guarantee Notes to the Financial Statements (confiTru•dl Year ended 31 March 2023 Ac¢ountsng pollcles (conthuedj Resour¢•8 •xpended Expenditure is recognised on an accruals basss as a liability is incurred. Expenditure includes any VAT which cannot be lulty recovered, and is dassified under headings of the statement of financial activities to which it relatès: expendilure raising funds indudes Ihe cosls of 911 fundraising ac11lIes, evenl$. non<haritable trading activilies. and the sale ol donated goods. expenditur• on charitable aciivilies indudes all costs incurred by a tharity in undertaking adivities thal lurther rts charitable aims lor Ihe benefit of its beneflanes. induding Ihose suppcrfl costs and cos18 relating to the governa of the dN3rity appiOned to charilabl8 activities. other expendlluffe Includes all expendllure Ihat Is nellher relaled lo rOing lunds for the charty nor part of ils expendrflure on charrtable activities. All costs are allocated 10 expenditu categories refledlng ihe use of the resource. Direcl costs attributable lo a single activity are allocated diredty lo that aciiwty. Shared costs are appoflioned belween the actbvllies they Gonlribule to on a reasonable. lustlfiable and conslslent bas1$, Tangibl• assets Tangible assets are tnitially Teciyded al cost. and subsequenlty slaled al cost less any accumulated depreciation and impairment losses. Any langible assels carried at ievalued Bmounts are recorded al the far value at the dale ol ievalualion less any subsequent accumulated depreci81ion arKI Subsequent aumUlated impairnienl losses. An increase in the carrying amount of an assel as a result of a revaluat*Jn. is recognised in other ecogThsed gains and losses, unless il reverses a charge foi impairment Ihat has prevw)usSy been iewnised as expenditure wilhin Ihe slatemenl of financial activits'es. A deciease in Ihe carryiNJ amounl of an asset as a result of revalualion, Is recognlsed in other reccgnised gains and losses. except 10 vèhich il oltsels any previous revaljation gain. in which case the Ioss 18 shovm within other recognised gains and losses on the sl8lement of financial activilies. DepTrcballon Depre¢ialion is kulated so as lo write off the co$1 or valualion of an asset. less its residv41 value. over Ihe usel(A economic lrfe ol thal asset as follows: Fixtures and fjttings Motor vehKles Equpment 15% reducing balance 25•A reducing balan 20% slraighl line Impalmwnt of fixed a8•ets A review for indicalors of impaimenl is rried wt al exh reporting dale, with Ihe recoverable amounl being estimated where such indicalors exisl. Where the carrying vakne exceeds the recoverable amount. the asset is impaired accordingly. Prior irnpairmenls are also reviewed for possible reversal at each reporting date. 24
Replay Productions Limited Company Limited by Guarantee Notes to the Financial Statements (¢oniinuep) Year ended 31 March 2023 A¢countlng poll¢les {eondnuedJ Impairni•nt of fix•d assets (contlnueo) For the purposes of impairment lesling, when il Is noi posslble to estimale the recoverable amount of an individual assel. an estimate is made of the recoverable amount of the sh-generaling unil lo which the assel belongs. The cash-generaling unit is the smallest identifiable group of assets that includes tho asset and generates cash inflows that largely independent of the Gqsh inflows Irom olher assets or groups ol assets. For impaimient testing ol goodwill. the g<)odwill acquired in a business comblnalion is, from the acquisilion dale, allocated lo each of the cash-generaling unils that are expected lo benefit from the synergies of Ihe combinalion, iirespecliva of whether other assels or liabl1leS of the charlty ale assigned lo those unrts. Defined contribution plans Contribulions to defined contribution plans are recognised as an expense In the period In whlch the relaled service 1$ provided. Prepaid conlribulions are recognised as an ass•1 lo lh• exlenl that the prepayment will lead lo a reduclion in luture payments or a cash fefund. Wjhen conlributions are not expected to be settled wholly within 12 rnonlhs ol the end of the reporting date in which the employees render the related serrfice, Ihe liability is measured on a discounled present value basls. The unwlnding of the discounl is recognised as an expense in the period in which il arises. Llfflitsd by guarant•• Replay Th?alre Company 1$ A company limlled by gu8ranlee govemed by Ils Memorandum and Articles of Association dated. Replay Thealie Company is a regislered charity wilh ltte Charity Commission lor Northern Ireland. Replay Theatre Company is a membership organisalion wilh currenlly 20 rnembers, each of whom agrees to contribute £5 in the evenl of the chartty winding up. Donation• affld legaci•8 Unreslricied Total Funds Unrestricted To181 Funds Funds 2023 Funds 2022 Donations Donalions 629 629 1,422 1.422 25
Replay Productions Limited Company Limited by Guarantee Notes to the Financlal Statemonts icondnu Year ended 31 March 2023 Charftable a¢tiv6tles Unfe8trkted Funds Re$lricl•d Total Funds Furrfls 2023 Arts & Buslness Arts Council - cole lundirt9 Arts Council - project funding Belfast City Council Children In Need Fees. tickets and piogromme¥ Halrfax Foundation Paul Hamtyn Fwndation {2021-2024 Granl) Paul Hamtyn Foundation (2021.2024 Grant} Arls Council - Covid Recovery Fund Garfd Weslon Arts Council - Equipment Funds Sl James's Place Fcwndaiion Ulster Garden Villages Foyl• Foundation 15,C(Ki 15.OiJO 86.479 49,845 28.512 24,561 25,713 8.500 1,373 73,700 86,479 49,845 28,512 24.561 25,713 8.500 1.373 73,7CK 25,OlX> 5,526 25,000 5.$26 6,CKIO 20.000 20,0(M) 229,505 140,704 370,209 unSIred Ful$ Reslricled Total Funds Funds 2022 Arts & sIneSS Arts Council - core In0 Arts Council - project lunding Belfast Cty Council Children in Need Fees. tickets and programmes Halifax Foundation Paul Hamlyn Foundalion (2021-2024 Grant) Paul Hamlyn Foundallon (2021-2024 Grant) Arts Council - Covid Recovery Fund Garfield Weston Arts Council - Equlpm¢nl Funds Sl Jarnes's Place Foundatlon Ulsler Garden Villa9es Foyle Foundalion 600 86.479 49.845 25,920 35,634 47,687 86,479 49.845 25.920 3S.634 47.687 6.000 66.000 23.001 23.(K)1 6.443 2.500 6.443 160,086 19).023 350,109 Inv•ilni•nt Incom• Unrestricted Total Fund8 Unreslikied Total Funds Funds 2023 Funds 2022 Bank inlerest receNable 14 14 26
Replay Productions Limited Company Llmited by Guarantee Notes to the Financial Statements (¢onUnu•dJ Year ended 31 March 2023 Other In¢om• Unreslricted Total Funds Unreslricted Tolal Funds Funds 2023 Funds 2022 HMRC 35,777 35.777 Expend•tur• on ¢haiitabl• aclivili08 by actlvSty type Aclivit*s undertaken directty Support co$t$ Totsl funds 2023 Total fvnd 2022 Charilable aclivty Govemanc• cosls 361,729 14.088 7,304 375,817 7,304 371,301 3,204 361.729 21,392 383,121 374,505 10, Analy8lJ of •upport ¢osts Analysis of 8UPPOrt costs Tolal 2023 Total 2022 Slaff costs Premlses Communlcations and IT Goveinance cosls 12,696 573 819 7.304 21.392 12,696 573 819 7.304 21,392 11,520 573 1,072 3,204 16,389 11. Net Ineomel{expendlluvt) Nét incOm{•pendl1ult) is stated after chargingl(creditlng): 2023 2022 Depreclalion of tangible fLxed assets 12,948 13,346 12. Audltorn rnmuneratlon 2023 2022 Fees payable for Ihe audit of Ihe Ilnan¢ial stalemenls 3,276 3.140 27
Replay Productions Limited Company Limited by Guarantse Notes to the Financial Statements (¢onUnu•rfi Year ended 31 March 2023 13. S¢aff Costs The total staff costs and employee beneffits for Ihe reporting period are analysed as follS. 2023 2022 Wages and salaries Social security ¢osIs Employ•r conth'bulions to pension plans 146.275 9,087 3.336 132.21 8.702 3.101 144,(()9 158,698 The average head counl of employees durirtrJ th• ye3r was S {2022'. 5). The averag• nurnber of full-time equivalenl employees during the year is analysed as follows: 2023 2022 Enployees No employee Teceived employee benefrts of more Ihan £60.000 during Ihe year (2022.. Nil). Key Management Pernonn•l Key management personnel Indude all per80ns Ihal haw authority and responBlbllty for plaM19, directing and controllirKJ Ihe adiviknes ol the charty. The lolal Compensation patd lo key managemeni personnel foT services wovided to the charrty was £111.550 {2022.'£109,336). 14. Tn•8t•• remuneratlon and expenses The tharlty twstees Vre not paid or received any olher benefi1¥ from employment wllh Ihe Chanty in the yeaf (2022.. £nil). One trustee was Teimbutsed for travel expenses during the year tolalling £80 (2022: £nil). No charity Iruslee received payment for prolessional or olher servics supplies lo the charily (2022: £nil). 16. Tanglbl• flxed 48aets E4uipff*nt Cosl Al 1 April 2022 Addflions 103,744 8,728 112.472 AQ 31 March 2023 Deprec5ation Al 1 April 2022 Charge for the year At 31 March 2023 68,760 12.948 81,708 Carrying amount At 31 March 2023 30,764 34.984 Al 31 March 2022
Replay Productions Limited Company Llmlted by Guarante• Notes to the Financial Statements {contlnueoJ Year ended 31 March 2023 16. Debtorn 2023 2022 Trad8 debtors Prepaymenls and acLrued income Olher debtors 10.205 1.040 37,150 48,395 38.672 1.167 39.839 17. Cvedltorn: amounts falllng due wlthln one y•ar 2023 2022 Bank loans and overdrafts Trade creditors Accruals and deferred income Social security and other taxes 4.827 4,759 8.747 3.777 2.826 4.156 27,333 3.897 20.110 38.212 18. Deferrod Income 2023 2022 Al 1 April 2022 Amounl Telegsed to incom? Amounl delerred In year At 31 March 2023 24.061 (24,081) 23.604 (23,604) 24.061 24,061 19. P•nslon• and other post rnllrem•nt b•n•flt• Defined ¢ontribulion plang The amount reeognlsed in Sncome or expanditure 85 an 8xpense in relatlon to defined conlribulion plans was £3,336 <2022.. £3,101). 29
Replay Productions Limited Company Limited by Guarantee Notes to the Financial Statements (¢Onlinued) Year onded 31 March 2023 20. Analysls of charltable funds Unrestricted fvnds Al 1 April 2022 Al Income Expenditure Tran5ters 31 March 2023 General lunds 77,640 177.113 (162.786) 13.202 105.169 Al 31 March 202 Al 1 April 2021 Inc4)rne Expendrture Transfers General funds 77.775 161.522 <151,054) (10.603) 77,640 Restricted funds At 31 Mar¢h 202 Al 1 April 2022 Incorne Expenditure Transfers UP - Goneral Core UP- Prism Untold Tiulh Thaw Development Harbour Developnnt Transllnk Tour 2 Thaw Tour UP - Projects The Aurochs are Coming Aulism Devebpmenl Curtains Harbour Tour Wild ones loui Mirrorball dev Mirrorball BCF Adventure Collecive 22,881 46.934 39.597 (57,379) (182) (34,019) (17.449) (9,58S) (5.526) 3,259 2,851 33,889 17.449 12.860) 17.127 12,860) 28.704 (41,807) (4.024) (6,326) (5,724) (56,413) (1,036) 1220,335) 6,326 {263) (3,389) 5,987 59.802 1,036 37.912 229,505 {13.202) 33.880 Al 31 March 202 At 1 Aprfl 2021 InCne Expendilure Transfw5 UP - General Core UP- Prism Unlokl Truth Thaw Developmenl HariM)ur 0eveloenI 2.644 59,499 15.014 {39.446) 111.321) {7.652) (32,3731 (24,570) {4.054} 22,881 (3,693) 6,886 9,670 23,181 4,056 1.528 22.703 1.389 (1.438) 1,436
Replay Productions Limited Company Limited by Guaranteo Notes to the Financial siatements (conllnued) Year ended 31 March 2023 20. Analysls of charltable fund8 {con*nu•o) Translink Tour 2 Thaw Tour UP - Projects The Aurochs are Coming Autism Development Curtains Harbour Tour Imld ones lour Mirrorball dev Mirrorball BCF Adventu Collective (2,86 (2,860) 17,127 59,559 (33,130) 19,302) (36,771) 36,771 3.027 1.191 21.407 28.890 {12,334) (1.127) {28,015) 129,429) 9.307 (64) 6,608 539 80,737 190.023 (223,451) 10,603 37,912 Funds in Deficit The Translink Tour 2 lund which due lo timing differences is showing a negalive balance as al 31 March 2022. This Projècl was dalayed due to COVID-19. however il is expected that this project will be lully funded in the near future and Ihe currenl defiril will nol have to be absorbed by Replay Pfoductions Limited. Translers have taken place durfng the year whl¢h ielales to fixed assets. Replay used funding to purchase assets whlch have bèen transferred 10 unrestried Funds as Replay lully own the assets, no ièslrictions have been placed on ihese assels, A Tiansfer has also laken place in the year lo roclassify management lee income lo Unreslricled Funds as the lunds are available foi any use, no r8slrlclions af8 In place for the usage of this income. Transfers have taken place Ihrough Ihe year lo reallocate income to different projects. Paul Hamtyn income received is reslricted lo Ihe UP Prograrnme which includes all the projecls for children with disabllllies, any underspend from Ih•88 Specific projecls 18 Iransferred lo other UP projects. 31
Replay Productions Limited Company Lemited by Guarantee Notes to th¢ Finan¢lal Statements IconlthuoDJ Year ended 31 March 2023 Z1. Anafysis of nel assets belween funds Unresiricled . Funds Reslricled Totsl Funds Funds 2023 Tangible fixed a$s¢15 Current asseis Creditors less Ihan 1 year Nét assots. 30.764 .380 (15.975) 105,169 30,764 128.395 {20.110) 139.049 38,015 (4.135) 33,880 Unreslricled Funds Reslricted Totsl Funds Funds 2022 T8nglble red assels Currenl assets Credilors bess than 1 year Not assets 34,984 52,347 (9,691) 77.640 34,984 118.780 (38.212) 115,552 66,433 128.521) 37.912 22. Contingent Ilabllitses A conllngent Ilabilbiy eS1$ lo rèpay granls receNed shoukl certaln eondbtlons nol be luifilbed by Ihe charily. In the opinion of the Truslees. the lerrn$ of the Lellers of Offer have been. or will be. complied with and no Ilabillly is expecled. 23. Corporation tsxation The Charlty's acilvilies lal wilhln Ihè exempilons afforded by Ihe provlsions of thè Income and Corporalion Taxes Aci 1988. Accwdingly. there is no taxaln charge In those accounls. 24. Relat•d parti•s The Truslees have consklÈred gUance in relati to related party Iransadions and believe there are no lransactlons.lhal rewire discloSUfe, 32