c21 THEAT￿ COMPANY LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 c21 THEATRE COMPANY LIMITED FINANCIAL STATEMENTS FOR YEAR TO 31 MARCH 2023 Contents Page Number Charity Inf0m￿tiOn Trustees, Report Independent Examiner's Report Income Statement Statement of Financial Position 9-10 Notes to the Accounts 11 c21 THEATRE COMPANY LIMITED CIL4RITY INFORMATION Trustees at 31 Mareh 2023 Derek Smyth Carrie-Ann¢ McAlonan-MCCn￿den Sean Mccready Dearbma Holohan Trudy Harkness (Appointed l O October 2022) Pamela Minford (Appointed 10 October 2022) Secreta carri￿Anne McAlonan-McCrudden Accountants Gavin R¢id and Company Unit I 212-218 Upper Newtownards Road Belfast BT4 3ET Bankers Bank of Ireland Limited l Donegall Square South Belfast BTI 5LR Com an Number NI 57008 istered Chari Number 106782 al Status Company Limited by Guarantee Governin£ Document Memorandum and Articles of Association c21 theatre company c21 Theatre Company Limited Annual Rq)0rt 2022 - 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with thc financial statements of the charity for the year ended 31 March 2023. The trustees have adoptcd the provisions of Accounting and Reporting by Charitics: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finallcial Reporting Standard applicabl¢ in thc UK andRepublic of Ireland (FRS 102) (cffectivc l January 2015). c21 Theatre Company's Mission Provide professional theatre practitioners in the area of benefit further opportunity to develop and practice their craft. To embrace traditional, digitsl and interactive methods as well as site-specific projects. Strategic Goals To increase income and ensure sustainability To develop and engage with our audiences To increase the profile of the Company Objectives Pcrforni the work of both established and emerging playwrights on anational and international stage. To sustain and expand the organisation from privatc sponsorship sources, trusts and foundations. Tour all productions as extensively as possible. Contribute to cultural development throughout Northcrn Ireland. Promots inter-cultural dialogue in ordcr to increase our audiences. Develop partnerships with companies, and organisationsto deliv¢r joint programm¢s. Promote awareness of the company locally. nationally and internationally. Apply the principles of good governance and be financially responsible in all activities. Search and build on opportunities to work in partnership with international companies and organisations Significant Activities 2022-23 BreDda'$ Baby- A Gripping Real Life Urban Tale of Redemption reveals a Mother's Struggle May 2022- June 2022 This gripping piece of urban theatre is based on the true story of the struggle of a mother who has her newborn taken into care after only five days, due to her drug addiction. The play, which explores her fight to win her baby back, was streamed online in June 2022. A series of workshops took place in collaboration with Women's Aid groups across NI and featured live excerpts from the production. Our Stories, Scene and Heard - September 2022- September 2024 This is a two-year project fundcd by Community Fund NI which will deliver staff reminiscence training for key care workers, and rerniniscence sessions on the theme of positive relationships for residents. at l O individual settings throughout different council areas in NI. The residcnts will create a personal metnory book and contribute these uniquestories towards the creation of their own bespoke film. ¢21 Theatre Company 2022-23 Board of Directors and Range of Skills Namel Role Skillsl Experience Derek Smyth, Chair Fornier senior administrator Queen's University of Belfast. Specialisms: governance, administration, finance and management. Sean Mccready - Member Director of Doyle Shipping Group. Specialisms: business management, finance, accounting. legal and HR Pamela Minford - Member Skilled Commercial mindse( passionate in people developmenL expcrien¢¢ of managing large teams across all levels. Strong sales professional with multi-sitc ¢xperi¢nce. Trudy Harkness- Treasurer Trudy joined Ulster University in 2018 as a School Officer within the Business School. she has worked for a range of organisations. Dearbhla Holohan - Mcmbcr Dearbhla is an Assistant Director at Children's Services Barnardo's NI- Early intervention, family for the rights of children. CarrierAnne MoAlonan- McCrudd¢n - Secretary Manager Aisling Ghear Theatre Company. Specialisms: Fundraising, Managem¢nL HR, Legal, Finance. The company had: I x online production (Brenda's Baby) complimented with workshops through Nt with partner Women's Aid. I x summer film production working with EA and young people in care to create their own short fihn. 2 x summer dratna weeks in associatÉon with New Lodge Arts Belfast. I x tour of Living Windows around 3 Mid and East AntrAm (MEA) Borough Council towns to animate the windows in the main streets. I x major project in Santa's Post Office- A free one-month installation for families and schools to encourage footfall to Belfast city centre in association with Belfast One. c21 provided perforniers and management. Phase l of Our stories, Scene and Heard involving four care settings as part of a two-year reminiscence project. I x research and development session on Expecting, a new theatre production working with dID￿and hearing actors in thc same perforniing space. I x anti-social awareness short drama in association with Lisburn and Castlereagh City Council {LCCC)- Toured to four different post-primary schools. I x fraud in older generation awareness theatre production. Toured to eight different ommunity settings in MEA Borough Council. AudieDces: Our audience figures were approximately - 20500 c21 experienced its most successful year to date in 2022-23. A major funding award from The National Lottery Community Fund in September2022 was the highlight and alongside further investments from local authorities, the company has significantly increased turnover creating a positive outlook. c21 is grnteful to all the bodies which provided financial support throughout the year - Arts Council of Northern Ireland Doyle Shipping Group National Lottcry Community Fund NI Mid and East Alltrim Borough Council Antrim and Ncwtownabbey Borough Council Halifax Foundation Northern Ircland TRusfEES RFSPONSIBILrrILS The trustees (who are also the directors of c21 Theatre Company Limiled for the purposes of Lwmp8ny law) are wonsible for preparing the Report ofthe TTh￿ and the finoncial statements in accordance with the applicable law and United Kingdom ALxounting Standards (Unit&l Kingdom GenerallYAc￿pIed Accowtting Practice) Company law requires the trustees to prepare fllwKial statements of each financial year vthich give a true and fair view of the state of affaiT5 ofthe chaTitable company and of the incoming resources and application of resources. incluthng the income and exFenditure ofthe charitable rA)mpany for that period. In preparingthos¢ financial stalements, the tr￿￿teeS are required to: Se]￿t suitable accounting policies atMI then apply them con5iStentty Observe the methods and principles in the Charity SORP Make judgements and estimates that are reasonable and prudent Prepa￿ the fin8ncial stalements on the going wncffli basis unlessit is inappropriate to presume that the ¢haritable ￿panY will ¢onlinue in business. The trustees are responsible for kwing proper acco￿ting re￿r￿S whichdisclose with re&8onable accwy at any tim¢ the financi￿ position ofthecharitable ¢ompHny and to enable them to ensure that the financial statemetts comply with the Companies Ad 2006. They are also responsible for safegU￿Ang the ￿¢ts of the clwitable rA)mpany and hence for tsking reasonable strps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees. Derek Smyth Director c21 THEATRE COMPANY LIMITED INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF c21 THEATRE COMPANY LIMITED I report on the financial statements for the year ended 31 March 2023 set out on pages 9-11. Respective responsibilities of trustees and examiner As the charity's trustces you are responsible for the preparation of the accounts in accordance with The Charity (Accounts and Report) Regulations (Northern Ireland) 2015. Having satisfied myself that the charity is not subject to audit under the regulations, and is eligible for independent, it is my responsibility to: exalnine the accounts under Section 65 of the Charities Act to follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of the independent examiner's report I have examined your charity accounts &8 required under 65 of the Charities Act and my examination was Carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under section 65(9Xb) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included explanations from you as tnistees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statements below. Basis of Independent examiner's report l. That accounting records were not kept in accordance with Section 130 of the 2011 Act" and 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the act and with the methods and principles of the Charities Statement Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. 4. That there is further infornlation needed for a proper understanding of the accounts to be reached. Independent examiner's ststement While your charity's gross income does not exceed £250.000 your examiner need not be a member of a listed body. I can confirn] however that I am qualified to undertake the examination because I am a registered member of Chartered Accountants Ireland which is one of the listed bodies. I havc completed my examination and have no concerns in respect of the matters (l) to (4) listed over and, in connection with following the Directions of the Charity Commission for Northern Ireland. I have found no matters that require drawing to your attcntion. Gavin Reid and Company Chartered Accountsnts Unit I 212-218 Upper NeivtOTwnard$ Road Belfast BT4 3ET 12 September 2023 c21 THEATRE COMPAIYY LThIITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 Unrestricted Restricted Funds Funds Tolal Funds Total Funds Note 2023 2023 2023 2022 Income and Expenditure Ineoming Resources Grants receivable Box office receipts Sponsorship and other income Bank Interest 157,718 157,718 2.200 3,400 10 65,494 2,200 3,400 10 3,800 Total Incoming Resources 157718 Resources Expended Actors, fees and production costs Wages and salaries Training Insurance Printing and stationery Advertising Fundraising Telephone Computer costs Motor expenses Travelling and entertainment Accountancy fees Bank fees Credit card charges General expenses Subscriptions 135,980 12,048 50 570 505 100 61,361 850 186 540 1,300 90 324 3,560 2,760 936 266 50 225 1,711 838 800 269 79 611 78 205 (157 444) (68 848) Net Incoming Resources for the Year 5,884 449 Unrestricted Fund Balance Brought Forward at 31 March 2022 Unrestricted Fund Balance Carried Fonvard at 31 March 2023 There were no recognised gains or losses other than those included in the Statement of Financial Activities above. The Notes on page I I fonn part of these Accounts. c21 THEATRE COMPANY LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2023 2023 2022 CURRENT ASSETS Debtors Prepayments Bank current accounts Bank deposit account 2,380 551 43,824 4,580 551 3,388 54.687 26,771 CURRENT LIABILITIES Other creditors Deferred income Accruals 7,980 36,018 953 3,852 18,250 817 (22,919) IYET ASSETS ACCUMULATED FUNDS ACCOUNT Unrestricted fund revenue surplus ¢21 THEATRE COMPANY LJMrrED STATEMENT OF FThANCIAL posrrIoN (CONTINUED) DIREcfoR'S STATEMETh REQIIIRED BY SEcfioNS 475(2) AND P) AS AT 31 MARCH 2023 Forthe year fflding 31 Ma￿h 2023 the comwry w&8 entitled to exemption frurn a￿}llt under sxtion4T7 of the Componiay Act 2006 relating to small c￿￿p￿lle5. The shareholdas have not wuiTrd the company to obt8kn an audit of its firMKial Statell￿ fr the year in qwti4m in acLordance with section 476. The directors acknowledge their r￿￿IbIlitIa for complying with the wuiranats of the Act with Yespec¢ to acctyjnting rwyds and the preparation of financial ststements. finAncial staknnents have l*en ￿epared in &C￿>[danCe with the prnvigions applicable to ¢onJwi&8 subject to the sm8U ¢omponies' reBlme and In accordw￿ with FRS Itr2 Tr Fina￿141 Reporting &athrd applicable in the UK RepubJiG of Irdand.. The financial 5tatemMts w¢re approved by the B(Ard on 12 September 2023 and siyd on its behalf by Derek Smyth Director 10 c21 THEATRE COMPANY LIMITED NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Charity's accounts: (i) CONVENTION These accounts have been prepared under the historical cost convention. (li) INCOME This represents the income receivable during the period.