Docusign Erwelope ID.. 07290C21>E82A4B94-BD7B4)1E4A7182CEO Green Shoot Productions (A company Ilrnlted by guarnntw not havlng a sharg capltal} Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2023 Quarter Chartered Accountants st Anno's House 15 Church Street Cathedral Quartor Belfast BT11PG Company Number.. N1043244 Charfty Number: NIC 105841
Docuslgn Envelope ID.. 07290c2o-E82A4BBo7B-O1EI7I82cE0 Green Shoot Productions (A company limited by guardntee, not havlng a sharn capltall CONTENTS Page Reference and Administrativè Information Tru8lees' Annual Report statement of Trustees, Responsibilities Independent Examinerfs Report statement of Financial Adivities Balance Sheet 10 Notes to the Financial Statements Supplementary Informaion relating to the Financial Statements 17
Docusign EnvelopE ID: 07290G21kE82A4B94-BD7B-01E4A7182CEO Green Shoot Productions (A company Ilmltgd by guaranta4 nol havlThJ a share caplta REFERENCE AND ADMINISTRATIVE INFORMATION Trustses Iliam Barr Marbn llIaM Mc£umey Catherlnè Mccullolb3JaYat ]fjmberly Jac*son (Rès[gn 22 November 2022) Kathryn Baird Charlty Number In Northern Ireland NIC 105841 Company Regi8tratlon Numbar N1043244 Registered Offlce and Principal Addr95 North8m Whig 8ullding Unit2 Bridge Street Belfast BT11LU Independent Exarnlnor Quarter Chartered A[#untantS st Anne's House 15 Church Streat Calhedral Quartèr Belfast BT11PG
Docuslgn Envelope ID: O72(kE82A4BBD71E47182cE0 Green Shoot Productlons (A ¢ompany limited by guarantgo, not ha¥lng a shaTg capliaD TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2023 Th8 trustees present their Trustees, Annual ReporL cx)mbinlng Ihe Direcors' Report and Trustees, Report, aTrJ the unaudited financial 3tatemenls for the financAal year endéd 31 March 2023. The financial statements are prepared In accordan with the Companies Act 2006, FRS 102 'The Finanual Reporting Standard applicablè in thé UK and Republic of Iretanry and AccountirrfJ and Reportiro by Charities: statement of Recommended Praetlce applicable to charibes prepariThJ their financial statemants In a)rdanvA with the Financial Reporting Standard applicab in the UK and Republic of Iland {FRS 11r2). The Trustees, Report contains the informatiM required to te provided in th8 Trustees. Annual Report under Ihe statement of Recommended Pr8ctice {SORPI guidelines. The trusieas of tho company are also charity Irustees for the purpose of charity law and under the 0)mpan5 constitution are known as MberS of the bo8 of Irustees. In thls report the trustees of Green Shoot Productions present a summary of its purpose, govemanp2, activltles. athlevemenls and finances for the fv)ancAal year 31 Marth 2023. The company is a r8gislered charity and hence the r8port arKI results are presented in a fomi which complies with the requirernerjts of the Companies Act 2006 and. althowJh not obliged lo ccnply with the Statement of Racommendad Practice {Charthes SORP effective January 2015), the organisation has implemented its re¢ommendafjons wh2 relevant in these finandal statements. Mission, objecve$ and Strategy ObJectlve6 Vision A Northem IreLqnd wh8rB theatre is placed in the heart of communities and ¥vher8 working dass and marginalised volS ar8 heard on all stages. Mission GSP is ded1¢ted to commissioning and producing new writing fr)r the stage, to the highest possible standards. The company is mmItt to devéloping and presenting plays that contain strong sorAal, polillcal and Qura1 thamos, making theatre that is relevant to the population of N.1. GSP seeks to promote wotl(ing das8 and other margInalE vol$ that are und8r4epre8ented within theatre. We constsntty strtve to attraGt IKSW ¢iudit>iirs and particlpants. Conmunty engagement fom)8 th& foundation of all aspects of the company's approath and actiwty. Green Shoot Productions cx)r8 values e. Excellance - we aim for the highest quality of Vrk in everything w8 do. from professional production to communlty engag8m8nL Incjusion - we aim to ensure working dass and marglnalsied voics are brought to the fore,. aro heard, understODd and respected by all. Equality- our employment and artistlc V[ treats all wth dignty and faIrsS. Partnership - we actively seek partne)¥ to dev6k)p our programmes, embrace new skills, and rea¢h new BudnceS and participants. Structure, Govemanee and Management Structure Governing dooJmént.' Green Shoot Productions is a Company Limited by Guarantee not having a share capital, incotporaled In 8th May 2002 and registered as a tharity Wlth Charty Commission Nl in November 2016. ApFointment of the Board of Direotots". There are currenty 4 thr8ctor5 of the cMpany. appointed annually at the AGM. Board Induction and Training.. New membets und8rgo Induction a1 orientalion being briofed M legal obligations und8r tharity and CLMnpany law. From time lo time. th8 Board uThlertakes fvrther management training. Organisational Operations.. The Board of GSP administer the chaiity. The board delegate prcrfjrammlng to Martin Lynch as Artk8tic Director. as the most senitir Offi(r. Related parties and cy)-operation wth other organisations: None of Ihe Dlrectors tlved remun8ration or olh8r LEnefftg trom their work with the Charity. Any nIlIct of interest in relation to any contracttjal agre8ments must b disclosed. No nflictS of interest arose have be8n repoy in the current year.
Do Envelope ID.. o7290C2(kE82A4BWBD7lE4A71S2cE0 Green Shoot Productions (A ¢ompary Ilmlted by guarant••. not havlJvJ a $h4rg CapIt) TRUSTEES. ANNUAL REPORT for the financ4al year ended 31 March 2023 Referen and administration details.. thee nam8 of th8 Charty is Green Shoot Productions. 11 is a limited by Guarantee not having a share (apital. The Company was incorporated In Bth May 2002 and reglstered as a charity with Charty Commlssion Nl on the 161h Novemb8r 2016. (Charity Numb8r. NIC10S841) Ravlew of Acllvltlès, Aehlevements and Porforniae Programming 2022 -2023 was a packed year fvr th8 Ccffipany. A significant part of our work was based on Community Theatre Resklency in Tiger's Bay. We completed s8varal projects including The Half Moon, a new play by AJh% Malseed, a cross-community Youth Summ8r Schem8. a Documenlary following the lives of young people bulld a bonfiré. In August we revived In The Name Of The Son for runs at The Grand Opera House and The Edinburgh Fring8 Festival. Thls year we employed Aaron Calhcart as Community ErKJagem8nt Officèr on a p8rt-time basis. Flnanclal Revlew Green Shoot has applied for fvndlng to BCC multi-Annual Funthng, Arts CouneAI C(nmissioning Fund. etc. We recerved funding from CRC & Dept. Of Forèign Affairs. sin ¢)ur funding from TBUC a1 Ulst8r Garden Villag8s came to an end in 2023, the Company has worked on several applIon$ to Trust funds. Green Shoot had a very succes8fiJl fincIal year in 202212023. However, whilst crtjr tsjmplèted acLounts show a ftgura in the bank of £71,732. tt should be bome in mi1 that ts majority of thes8 funds (£64.788} are restricted and ringf&nced for projècts taking place in the 202312024 year. For example, from that £64,788 figure, funds for projects by the Arts Councll (£22.740) and the Dept. Of Forebjn Affairs (£21, 508) came in before April 1st 2023 but were for pr(4erts to happen after March 31st 2023 and the Invok for a TBUC woject also didnl com8 in1£7,168} until after March 2023. This left us a true balance In our bank acu)unt of £6,944. Flnancial Results At the end of Ihe financial year the company has assets of £g.fj.299 (?.? _ f.?4 4041 and Ilabilriies of £23,567 (2022- £13.990). The net assets of Ihe cornpany have increased by £61.318. Prfnclpal Rlsks and Uncertainties The Board continuousty reviews risks to which Ihe Company 18 exFM)sed, in parti¢uLqr Ihose relating to operati¢)ns and financè of the Company and are satisfied that go finarmial pra1 is in pla and systems ar& In Pla to mitigale the 8xposura lo major risk. The CoMpY remain arlist and whi15t our tistiC Director works on a voluntary basis. w6 have had the luxury of 2 ftjll-time unployees - Project Officer. Nikki Tumar and Mary Baille. Administrator and a part-time Communty ErvJagement Offitsr. Aaron cathrt Its pr(Klucbon mcdel has developed to include CO-pfDduction and partipatory approaches ensuring relevan to local communities. Project plans are in place to continue with the multi-fartsd Terfs Bay projecL In addition the company will put plans in place for the productlon of ihe Iwo new commi88ions for the financial years of 2023- 2025. The company will wntinue to enable p8rbcipatory professional theatre, and theatre which engages b¢alised community audiences as well as existing theatre going audiences. A Slralegy document is in pla and has been upgraded to take us up to 2025. Trustee5 The INstees who served throughout the thanc4al year. except as noted. were as follows.. William Barr Marbn Wlliam McBumey Catherine McCullough-Jayal lfjmberty Jackson (ReSned 22 November 2022) Kathryn Baird In accordance with the Artides of Assodation. the directors reltre by rotation and, being eligible. offer Ihemselves for rw18dlon. Compllanc• vAth Sector-wlde Leglslallon and Standards Th8 company engages pro-advely with legislation. standards aTrJ codes which are d8veloped frjr the sector. Green Shoot Productions subscribas to and is rnlant with the followiThJ: Ihe Companies Act 2006 The Charittes SORP (FRS 102)
Docuslgn Envelope ID.. 07290C20-E82A4B94-BD7&01 E4A71tr2CEO Green Shoot Productions {A ¢¢)mparry Ilmh&d by guarantee, nol havlng a $hare cap TRUSTEES, ANNUAL REPORT for the finanal year ended 31 MarL* 2023 Reserves Tre tfustees have developed and adopted a reseNe8 policy that seeks to increase the UnreStrd income reserve fvnd equivalent lo six months of annual reportiw costs. GSP current policy is to hold 10% of nel earned income to increase the unréstricted Income r8seTve lo this level. Tho reserves are restricted and to be used wilh board approval. The trusteè récognise that financial perfOnan will fluctuate be88n surpluses and defits but the medium temi slralegy is to see an overall trend of reserves growlh and increasing financial stability. Approved by the Board of Trustees on 23 January 2024 and signed on its behalf by. Martin William McBurney Director
Docuslgn Envelope ID: 07290c2E82PB9BD7&olE4AY182cE0 Green Shoot Productions <A company Ilmlted by guaranto0, not havlw a 8hwo ¢aplthl) STATEMENT OF TRUSTEES, RESPONSIBILITIES for the finanaal year ended 31 Marrh 2023 The t@8. who are also directots of Green Shoot Productions for the purposes of company18w, a r8sponslble for preparing the financial statemènts In accordan wrth applicable law and Tegulations. Company law requires the trustees as tha directors to wep*e finanrAal statements for each financial year. Under that law the trustees have elected to prepare th8 financial statements in accordance with Untted lfjngdom Generally Accepted Accounting Praciice (United lfjngdom Acyxunting Starnlards and applicable lawl Including FRS 102 "Th8 Financlal Reporting Standard eppli¢a)le in the UK and Republic of Ireland" Section 1A {Small Entities}. Under company law the Irustees must not approve the nanial slat8menis unless they ar8 satisfièd that they give a truo and fair vl8w of the stste of affairs ofthe company and of the surplus or deficit of the tMpanY for that p&riod. In preparing th8se financial stalem8nts, the trustees are required to: s&l8ct suitable aixounting policles and apply them r1$telly.. make judgements and estimatss that are reasonable and prJent., state whether the finanaal ststsments have been prepared in accordance vrith ts revant finallcial r8POrting framework, identify those slandards. and nots Ihe effect and the reasons for any material departure from those stsndards,. and prepare the finan¢i81 ststements on the going conwn basis It Is inappropriatg to presume thal Ihe o)mpany will ujntinue in operation. Thè trustaes COnfin that they have (xynplled with the ave requirements in preparing the financial statements. The trustees are responsible for keeping adequate accounting records Ihat are suffi(aent to show and explaln the comp8nVs transactions and disdos8 with reasonable ac[raCY at any time the ffnancial position of the company and enabl8 th to ensure that the financial statements cLffipty wlth. They are also responsib for safeguarding th6 assets of the company and hence for taking reasonable steps for the prevents'on and detection of fraud and othar irregularities. Approved by the Board of Trustees on 23 January 2024 and 8igned on Its b8half by. Martin Wllllam McBurney Dlroctor
DOsIgn Envelope10: 07290G21E82A4B94BD7lE4A7IB2cE0 Green Shoot Productions {A company limited by gL(aranlw, not havlng a shar• capltsl} INDEPENDENT EXAMINER'S REPORTTO THE BOARD OF TRUSTEES OF GREEN SHOOT PRODUCTIONS We have examined the financial statements of the company for the financial year ended 31 March 2023. which compTtse the Statement of Finan¢lal A&ivitses (incorporaling an Income and Expenditure AcrA)unt}. th8 Balan Sheet and Ihe related n¢)tss. This report is made SOlY to th8 MPanI5 members. as a body, in 2rLordance with Chapter 3 of Part 16 of the Companles Act 2006. Our work ha5 been undertaken so that we mtght compile the f5nancial statements that we havo beèn engagod to compile, report lo the Board of Trustees that we have done so, and state those matters that we have agre8d to state to theAn in Ihis report and for no othèr purp08e. To the fullest extent pemitled by law, wè do not accept or assume responsibilty to anyone other than the CO)anY and ts wmpanls members. as a body. our work, or for this report, Respectivg respon5ibllllles of trustees and examiner The company's trustees (who are also the directors of Ihe corrpany for the pwposès of company law) are responsible for the preparation of the financAal st2tem8nts in arden with the requitèm8nts of the Companies Acl 2006. The company's_trustses oonsider that. an audit is not requTed for this finanoal year under Chapter 3 of Part 18 of the Companies Act 2006 and that an indeFnnt examination is required. It is our responsibility to= examine the financial statements Un section 65 ofthe Charities Act., follow the procedures laid down by the gen8ral Dlractions givan by Ihe Charity Commisslon lor North8m Irgland under sertion 6519Xbl of the Charities Art state wh8ther particular matters have com8 to our attention. Bagig of independent examlfierfs report We have examlned your company fin2ncAal stalements as requlred under sedon 65 of the Charitie5 Act and our examination was carried out in accxjrdance with the general Dlrections giv8n by th6 Charity Commission for Northem Ireland under section 65(9)(b) of the Charities ACL An examination includes a review of the accounting records kept by the company and a comparison of the ffinancial ststements present8d with those records. It also Includes o)nslderaUon of any unusual item8 or disdosures in the flnancial ststements and seeking explanations from thé trust8es conceming any such matters. The procedures undertaken do not prow(le all the evidence that would b6 requirad in an audtt and consequenty no cyinion is QiVAn 2q to whether fhe a(xounts present a 'truÈ and fall view and tha report is limited to those matters set out in the statèment below. In connection wilh our examination, no matter has come to our attention which gives us cause to believe that In. any material respect.. accounting records were not kept in aCcOrdar8 wth section 386 of the Companles Act 2006 the finan(aal statements do not accord th thi)se accounting records the financial ststements have not been prepared in a(ordan wlh the accounling requir&ments of section 3% of the Companies Act 2006 and with the metF¥Jds arKI principle5 of the Statement of Recommend1 Practice applicable to charities preparing their accourts in acwrdance with the Financial R6porbng StatKlard applicable in the UK and Republic of Irdand (FRS102) there is fvrther Infomation needed for a proper un(krstandng ofthg actounts to be reached. Independent examln8rf8 Statement We have no concems and have come across no other maiters In connecaion wilh the examination to which attention should drawn in this report in orderto enaNe a proper und8rstsnding of th8 financial statements to be reathed. QUARTER Charter8d Accountants st Ann8's House 15 Churth Street Cathedral Quarter Belfast BT1 1PG Date: 23 January 2024
Dosign Envelope ID: O72Wc2(kE82A4BBD7N1E4A7l82cE0 Green Shoot Productions IA cornpany Ilmlted by guaranloo, nol havlng a share cawla STATEMENT OF FINANCIAL ACTIVITIES Ilncorporaling an Income and EXIditUre Account) forthe fingncial year ended 31 Marth 2023 Unrestslcted Restricted Funds Funds 2023 2023 Tot21 Unrestricted R8Strided Fund8 Funds Funds 2023 2022 2022 Total Funds 2022 Notes Incomlng Resources Charitabl8 actimties - Grants trom govemments and other w-fijnders other income 40,364 179,963 220,327 58,856 24,745 83,801 25 25 Totsl incoming resources 40.364 179,963 220.327 58,881 24.745 83,626 Resources Exp¢nded Charitst4e activities 41,334 117.675 159,009 58,094 34,645 92,739 Not 1ncom1nglog01ng resourc&8 b8for6 transfer8 (9701 62,288 61.318 787 19.900) (9,113) Gross transfers between fvnds Not movement in funds for the flnan¢lal year (970> 62,288 61,318 787 19,9001 (9,1131 Ron¢l11atl0n ol funds: Total fvnds baglnnlNJ ofthè year 13 7.914 2,500 10A14 7,127 12,400 19,527 Total funds at the end of the year 64,78B 71,732 7.914 2,500 10,414 The Statement of Financial Adivities indudes all gains and losses recronised in th& financial year. All income and expenditure relate to continuing aciiwties. The notes on pys l I to 15 foThn part otthe finawal statements
Docuslgn Envelope ID.. 0729)C2W2A.4891-BD7B4IIE4A7182CEQ Green Shoot Productions (A company limlted by guarats¢. not havlng a shar• capltal) Company Number.. N1043244 BALANCE SHEET as at 31 March 2023 2023 2022 Notes Fixed Assets Tangible ass8ts 1.139 Current Assets Débtors Cash at bank and in hand 10 37,301 57,000 3,218 20,047 94,301 23,265 Creditorg: Amounts falllng due vhthln ono year 11 123,56n (13,990) Net Current Assets 70.734 9,275 Total Assets less Curront Llabllltles 71,732 10,414 Funds Rèstricted bu8t fund8 General fvnd (unrestricted) 64,788 2,500 7,914 Total fund¥ 13 71,732 10,414 These finandal statements havè baen prepared in accordanc with the S[al promsions relating to small companias withln Part 15 of the Companies Act 20[6. For the ftnandal year ended 31 March 2023 the MpanY was entitled to exemption from audrt under section 477 of tha Companies Act 2006,. and no notice has been deposited under section 476. The Irusiees conftmi ihat the rn8mba have rnt requlred the company to obtain an audit (rf its fiiiaiiii<il ¥tdleiiients for tha financial year in question in accordan with section 476 of the Companies Act 2006. The trustees ad(nowledge their responsibilities for ensuring that thè company keeps accounting records which comply with section 386 and frjr preparing financaal statements which give a true and fair vi8w of the siale of affairs of the cornpany as at the end of the finanaal year and of Ils profft and loss for th8 finanual year in aCrdan with the requirements of sections 394 and 395 and which olhen¥ise comply vrith the requirements of the Companies Act 2006 relats'ng to financlal statements, so far as applicable to the tmpanY. Thè finanual statements have been pr8pared in acCordari with the provisions applicable to COMPanS subject to the small companies, regime and in accordan with FRS 102 Yhe Financial Reportiro StandaKI applica)le in thé UK and Republic of Ir6land'. applying Section 1A of that standard. Approvèd by tho Board of Trustees and authised for Is9ue on 23 January 2024 and slgned on Its b•haff by mg-t* Martln Wllllam McBumoy Dlractor The nutes m pagas 1110 15 fonn part ofthe thanlyd staternt8 10
Docusign Ellvel¢)pe ID.. 0729OC20-E82UBWBD7B-01E4A7182CEO Green Shoot Productions (A company Ilmlted by guarantee. not havlny a sh¥0 capltal) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year andad 31 March 2023 Tangible fixed assets and depre¢lallon Tangible fred assets are stated at cost or al valuatton. less aGGwnulatsl deppcialon. The charg8 10 d9p[eatiOn is CaSlated to writs off the original cost or valuation of tangible fixed assèts. their estimated resK1ual value. over their expect useful lives as follows: Fixture5, fittings and equlw8nt 25% Reducwig Balance Debtors Debtors ar8 cognIsd at the settlement amount dua after any discount offered. Prepayments ate valued at the amount prepaid net of 8ny trade discounts the. Irme rec(KJnised by the company from govemment agencies and other o>funder5, but not yet re(tNed at year end, is included in debts)ts. Cash at bank and in hand Cash at bank and In haThJ comprises cash on deFx)sit at banks requiring less than three months noti of thdrawal, Taxatlon and doferred taxation No currenl or deferred taxation arises as the company has been grdrrted charitable exemption. lThecov8rabl8 valued added tax is expensed as incurred. Deferred tsx is regnised in resped of all timing differences that have oiiginatsd but not reversed at the balance sheet date where transadions or events have occurred at that date that wlll rasult in an obligation to pay more tsx in the future, or a right to pay less tax in the future. Tlming differences are temporary differen$ beiween the company's tgxable incr6 and its results a5 Stated in the finandal statements. Deferred tax is measured on an und15unled basis al the tax rates that are anticipated to apply in the perlods in which the Uming differences are expected to reverse, ba on tax rates and law8 th9t have been enacted or substantively enacted by1he balan sheel date. INCOME CHARrrABLE ACTIVITIES Unrestricted Restricted Funds Funds 2023 2022 Grant8 from governments and other c¢nderS. Th&atre Production 40,364 179,963 220,327 83,601 OTHER INCOME Unre8tricted Restrlcied Fund$ Fund8 2023 2022 Other Incomlng R6soun%s 25 EXPENDJTURE CHARrrABLE ACTIVITIES Dlreet Costs other Costs Support Costs 2023 2022 Theatr8 Production Costs qOS.311 333 63,366 169,009 92,739 SUPPORT COSTS Charltablo Acllvttl 2023 2022 Central Premises Costs Salaries & Wagès General office Professional fe6S $05 45,064 3,918 3,878 505 45,064 3,918 3,878 8,052 9,082 4,246 4,121 53,365 S3,365 25,501 12
Docuslgn Envelope ID: o7290c212A4BB07l E447182CEO Green Shoot Productions (A company limitod by guarantw. not havi a ¢apltal) NOTES TO THE FINANCIAL STATEMENTS continu for the financ¥al year end8d 31 March 2023 ANALYSIS OF SUPPORT COSTS 2023 2022 Central Premises Costs Salariès & Wages General offir Professional feas 605 45,064 3,918 3,878 8,052 9,082 4,246 4,121 53,365 25,501 NET INCOMING RESOURCES 2023 2022 Net In¢omlng Re80urc8s are slated after charglngll¢redltlng): Depreelation of tangiblè assets Grants r8c8ivable received 333 380 (3,850) INVESTMENT AND OTHER INCOME 2023 2022 Revenue grants reIved Bank Interest 3,850 25 3,875 EMPLOYEES AND REMUNERATION Number of employees The aveTrge number of persons employed (including exec#Jti¥e trustees) during the financial year was as follows.. 2023 Number 2022 Numb&r Admlnlstration The staff costs o)mprise.' 2023 2022 Wages and salaries Social security costs Pension costs 40,672 3,558 834 8,255 827 45,064 9.082 13
Docuslgn Fmvdope ID.. 0729CC21>E82A4894-BD7B-01E4A7182CEO Green Shoot Productions (A company Ilmlted by guarantso, not ha¥lng a sharo capltal) NOTES TO THE FINANCIAL STATEMENTS continued for the financial year ended 31 Marth 2023 TANGIBLE FIXED ASSETS Flxtures, fitting5 and equipment Total Cost At 1 April 2022 Addlllons 7,057 192 7,057 192 At 31 March 2023 7.249 7.249 Depreciation At 1 April 2022 Chae for the financial year 5.918 333 5,918 333 At 31 March 2023 6,251 6.251 Net book value At 31 March 2023 998 At 31 Mah 2022 1,139 1.139 10. DEBTORS 2023 2022 Trade debtors 37,301 3,218 11. CREDITORS Amounts falllng due wlthln one year 2023 2022 TradA exaditnrs Other creditors Accruals and defetTed inrx)m8 9.491 11,976 2,100 60 12,180 1.750 23.667 13,990 11 RESERV&S 1023 2022 At beglnniThJ of the year Surplusl(Deficrf() for the financial ye 10,414 61,318 19,527 19,113) At ts end ofthe yr 71.732 10,414 13. FUNDS 13.1 RECONCILIATION OF MOVEME1 IN FUNDS Unrestrlcted Restrlctsd Funds Funds Total Fund8 At 1 April 2021 Movement during the financ4al year 7,127 787 12,400 (9.900) 19,527 (9,1131 At 31 March 2022 Movemenl during the financial year 7,914 (970) 10,414 61,318 62,288 At 31 March 2023 64,788 71,732 14
DoCUn Envelope ID.. 0729oc2l2A4BwBD7B4j1E4A7182cE0 Green Shoot Productions IA company Ilmlted by guaranteq not having a share ¢apltaD NOTES TO THE FINANCIAL STATEMENTS continued forthe financial year ended 31 March 2023 13.2 ANALYSIS OF MOVEMENTS ON FUNDS Balancg 1 Awil 2022 Income Expenditure Transfers between funds Balance 31 March 2023 Re8trlcled lund8 Arts Coundl Belfast City Council Other Funds Department of Fcfeign Affairs- Reconc(liation Fund Future Screens Ulster Garden Villages TBUC 30,000 1&285 7,260 7,106 2,500 11,646 22,740 11,179 2,500 33,154 21,508 21,919 22,500 54,105 20.352 21,874 46,937 1,567 626 7,168 2,500 179,963 117,675 64,788 Unrestrlcted fund8 Unrestricted Funds 7,914 40,364 41.334 6,944 Total funds 10,414 220,327 159.009 71,732 13.3 ANALYSIS OF NEf ASSETS BY FUND Fixed assets - ¢harlty use Current assets Current liabilities Totsl Restric tnist fvncL8 42.288 42,288 Unrestricted general funds 52.013 123,S67) 29.444 94,301 123,567) 71,732 STATUS The C¢xnpany Is limtted by guarantee not having a share capital. The liability of the members is Iwnited. Every member of the company undertakes to ntribute to the assets of the c¢xnpany in the event of its being wourKI up while they are members. or withii year Ihereafter. for the payment of the debts and liabilities of the company contracted before th8y ceased to be rnember5, and the costs, charges and eypenses of winding up. and for Ihe adjusbnent ol the rights of the Contribu among th8msalves, such amount as rnay be required, not exrkeding £ l. 15
Docuslgn Envelope ID.. O7290C20-E82A4B94-BD7lE4A7182cE0 GREEN SHOOT PRODUCTIONS IA ¢ompany Ilmited by nol havlng a share ¢apltal> SUPPLEMENTARY NFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FIMANCIAL YEAR ENDED 31 MARCH 2023 16
Dowslgn Envelope ID.. 07290C2E82A4DwBD7lE4A7l82CEo Green Shoot Productions IA ¢omp&ny Ilmltgd by guarantse. not havlng a sh capilat) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Statement for the financial year ended 31 March 2023 2023 2022 In¢ome Box Offi Ino)me Arts Councll Belfast City Councll Departm&nt of Foreign Affairs - Rerx>nciliation Fund Community Relations Future Screens Ulster Gardens Willages TBUC 40,364 30,000 18,285 33,164 58,856 10,000 5,895 5,000 21,919 22,500 54,105 220,327 79,751 Cost of g?neratlng funds Direct Advertising Performers Fee5 Insurance Commissions payable Travel and Subsisten Royalty paid 64,611 8,294 24,045 1,138 46,777 4,385 1,040 7.710 871 1,334 4,300 100,293 66,858 Gr088 surplus 120,034 12,893 Expenses wag@s and Salaties Sooaal security costs staff define(l tntrIbutiOn penSn cosis Stsff trainir Rent payable Light ané heat Prinung, postage and stationery Telephone Computer costs Legal and professional Accountancy Bank charges Credit fArd Gharges General eXnSeS Subscriptions Depreciation 40,672 3,558 834 5089 8,255 827 6,600 1,452 1,958 355 908 505 1A42 583 686 432 3A46 93 4,121 148 26 808 44 380 243 333 58.716 25,881 Mis¢ellaneous income Revenue grants reIVed Bank Interest 3,850 25 3,875 Net surplusl{deficlt) 61,318 (9,113) The supplementary infomiation does not form part of the finanaal staternents 17