Green Shoot Productions IA company limlted by guarante8. not having a share ¢apltall TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2024 The trustees present their Trusl88s' Annu81 ReporL combining the Directors. Report and Trustees, Report. and the unaudited financial statements for the financial year ended 31 March 2024. The financial statements a prepared in accordan with the Companies Act 20C6, FRS 102 "The Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland" and Accounb'ng and Reporting by Charities.. Statement of Recommended Practy"ce applicable to charities preparing their financllal slalements in accordan with the Financial Repotting Standard applicable in the UK and Republic of Ireland {FRS 1021. The Trustees, Report contains the information required lo be provided in the Trustees. Annual Report under the Stalernenl of Recommended Pracb"ce ISORP} guidelines. The trustees of the company are also charity trustees lor the purpose of charity law and uncler the company's conslilLrtion are known as mernber5 of the board of trustees. In this report the trustees of Green Shoot Productions present a summary of its purpose. govemano. activities. achi8vement5 and finances for the financial year 31 March 2024. The company is a regISted charity and hen the report and psults are presented in a fom) which complies Wtth the requirements of the Companies Act 2006 and, although not obliged to comply with the Staiemenl of Recommended PracttC8 (Charitie5 SORP effective January 20151, the organisation has implemented its recommendations where relevant in these finanaal statements. Misslon. Objectivgs and Stratsgy Objectives Vision A Northem Ireland where theatre is placed in the heart of Gornmunilies and where working c5ass and marginalised voices are heard on all stages. Mission GSP is dedicated to commissioning and producing new writing for the stage, lo the highest possible standards. The company is committed to developing and presenting plays that contain strong social, political and cultural themes, making theatre thét is relevant to the population of N.1. GSP seeks lo promote working class and other marginalised voices that are under-represented within theatre. We constanuy 51rive lo attract new aUdIenS 2nd participants. Community engagement forns the foundation ol all aspects of the company's approach and activity. Green Shoot Productions core values are.. Excellence - we aim for the highest qualty of work in everything w8 do, from profrssional produ¢b"on to community engaoemenl. Inclusion we aim to ensure working dass and marginalsied voices are brought to the fore.. are heard. understood and respècted by 815. Equality- our ernployment and artistic wark trea15 811 with dignity and faimess. Partnership - we actively seek partners lo develop our programrnes, embra¢2 new skills. and rea¢h new audiences and parbapants. StructUTg, Governance and Management Structure Governing document.. GTeen Shoot Productions ig a company Limited by Guarantee not having a share capTtal, incorpofftled in 8th May 2002 and registered as a charity with Charity Commission Nl in November 2016. Appointsnenl of the Board of Directors.. There are rrentlY 4 directors of the company. 8ppointerJ annualty at the AGM. Board Induction anij Training.. New members undergo induction and orientstson belng briefed on legal obligations under charity and ¢ompany law. From b.me to lime. the Board undertakes further management Ir8ining. Org8nis81ional Operations.. The Board of GSP administer the charty. The board delegate programming to Marbn Lyneh as Artistic Director. as the rnost senior Offir. Related parties and COThoperation with other organisations.. None of the Directors received remuneration or other beneftts from their work with the Charity. Any conflict of intewst in latIon to any contraclLsal 8gr*ments must disdosed. No conflicts ol inteTesl arose have been reported in the current year Reference and administration detsils.. thee name of the Charity is Green Shoot Productions. It is a limited by
Green Shoot Productions ¢ornpany Ilmltod by guarant. not h4viTrB a shar• ¢apltal) TRUSTEES. ANNUAL REPORT for the finanLNal year ended 31 March 2024 Guarantse not hawng a share capital. The Company was Incorporated In 8th May 2CQ2 and reg1ster as a tharfty wilh Charity Commhsion Nl on the 16th November 2016. (Charfty Number NIC105841> Dire¢tor8.' Thè company 18 limlted by guarantee and therefore thBre was no dlrectors interpst in 8hare capital. Revlew of A¢tlvhlas, Achlwem8nts and Porforniancb Programmlng 2023- 2024 was another packed yearforthe Company. ThLg year the last year ofour Company Residency in the Tigerfs Bay. York Rd, Shore Rd. 8rea. During this peri( mpleted a nurnber of projects including.. a v¥Jeo fearing the lfve5 of the older men and women attached to Th8 HUBB Aclvlty Cantr¢, Shore Rd., a 5-mlnute proMoonal Mdeo eneapsulatirKJ our work during the Res4dency. reul18d the cast mérnbe and creattve team for our large-scale Comlnunlty Play, PRIDE OF THE SHORE (POTS) by Gary Mltch811, Wan th8 pre-production work for POTS, began the preparatory 1[k on a new Cultural Her5 mural for Nlh. Queen St. etG. We prjUCed a new play THE MAN SWALLOWED A DICTtONARY by Rob8rt Nlblock for projucfion at th6 Lyrtc Theatre 8nd on tour. remved our prcJu¢tion of IN THE NAME OF ThE SON by Martin Lynth & Richard O'Rawe for e perfom8ncgs at the Audfland Arts festival. New Zealand. We made our initk91 contacts and dlscu85ions with communlty leaders In the New Lodg& arèa in preparation for our next Green Shoot R08idenGy in New L(xJge (Sept 2024~ August, 2026). Financial Rovlow Gr08n Shoot re1Ved fundlng from CRC. D8pL Of Foreign Affairs, Communlty Lottery. BrltS8h Enk4on. The AE Harvey Trust and U15ter Garden Villages. We have applS6d for furttr ndIng from TBUC Stomiont and DFA for next yearf8 programming. hthil61 w8 have a r81atlvely sm411 detlclt for the year, the CoMpanS finanGial 8itualion is relatively robust, given the ongolng uncertainty of arts funding. We are confident we will raise the necessary funds forth8 2024-2025 perfod. Flnancial Results At the end of the financxal the cL4npany has assets of £91.08212023- £95.2991 and Ilabilities of £15.22512023- £23,7>. The net assets ofthe company have Increased by £4,125. Princlpal Rlsks and Uncgrtalntlg8 The Board continuousty reviews risks to whlth the Company is exp08ed, In partIJaar those rèlating to Operatio and finan¢x of the Company and are satisfied that good finand21 practlce is In place and 8ystsms are In PLqce to rn98te the expLJsure to major rl$L Tho cc4npany remain wtist led and whilst our Arti8tk DctOr works on a voluntary basis. we have had the luxury of 2 full-Me eM0ye&S - Proj8Ot Offitsr, Nikkl Turner and Mary Bailie, Admlnlstralor and a p8rt-lrn8 Community Engagement Officer, Aaron Cath(xrt. It8 production model has develop to Indude cwroJurEion and participatory approa¢h8s ensuring relevancè to Iotrdl commuruts. Projettt plans are in plaGe for the last year of our Tlgeffs Bay resldency. In additlDn the Gompary will put plans in pio¢e for thg prc4Judon oflhe new C05bvnissiong for the financiat years of 2024 - 2026. The company will ntInue lo enable parficipatory professional theatre, and Iheatm whlch engages localised rA)mmunity audiences as well as 8ng th8atre going audiences. A Strategy documenl is in place and ha8 keèn upgraded to take us up to 2026.
Green Shoot Productions IA company limited by guarantè&, not having a share ¢apit811 TRUSTEES. ANNUAL REPORT for the financial yeaf ended 31 March 2Q24 Trustees The trustees who seNed throughout the financial year. except as noted. were as follows.. William Barr Martin William McBurney Catherine McCullough-Jayal Kathryn Baird In accordance with the Articles of Association. the clirectors retire by rotation and, being eligible, offer themselves for re-election. Cornplian with Sector-wide Legislation and Standards The company engages pro-actively wff£h legislation, standards and codes which are developecf for the sector. Green Shoot Productions subscribes to 2nd is compliant with the following.. The Companies Act 2006 The Charities SORP IFRS 1021 Complian¢? wlth Sector-wide Leglslation and Stsndards The company engages pro-actively with legislation, standards and codes which are developed for the sector. Green Shoot Productions subscribes lo and is compliant with the following.. The Companies Act 20Cfj The Charities SORP (FRS 1021 Reserves The trustees have develop and adopted a reserves policy that seeks to increase the unrestricted income reserve fijnd equivalent lo six months of annual reporting costs. GSP current policy is to hold 1 Owc tsf net eamed income lo increase the unrestricted income reserve lo this level. The reserves are restricted and to be used with board approv81. The trustee rec(4nise that financia5 performance wll fluctuate beNveen surpluses and deficits bul the medium term strategy is to see an overall trencj of reserves growth and increasing financi81 stsbilty. Approved by the Board ofTrustees on 25 Junp 2024 and signgd on its b&half by: NIILII Martin William M¢Burney Director