e21 THEATRE COMPANY LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
c21 THEATRE COMPANY LIMITED FINANCIAL STATEMENTS FOR YEAR TO 31 MARCH 2024 Contents Page Number Charity Infonnation Trustees, Report Independent Examiner's Report Income Ststement Statement of Financial Position 9-10 Notes to the Accounts 11
c21 THEATRE COMPANY LIMITED CHARITY INFORMATION Trustees at 31 March 2024 Derek Smyth Carrie-Anne McAlonan-McCrudden Sean Mccrcady Dearbhla Holohan Trudy Harkness Pamela Minford Secreta Carrie-Anne McAlonan-McCrudden Accountants Gavin Reid and Company Unit I 212-218 Upper Newtownards Road Belfast BT4 3ET Bankers Bank of Ireland Limited l DonegalI Square South Belfast BTI 5LR Com An Number N157008 Re 15tered Chari Number 106782 al Status Company Limited by Guarantee Governin Document Memorandum and Articles of Association
c21 theatre company c21 Theatre Cornpany Limited Annual Report 2023 - 2024 The trustees who are also diTectors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) c21 Theatre Company's Mission Provide professional theatre practitioners in the area of benefit fvrther opportunity to develop and practioe their craft To embrace traditional, digital and interactive methods as well as site-specific projects. Strategic Goals To incre&8e income and ensure sustainability To develop and engage with our audiences To increase the profile of the Company Objectives l. Perfonn the work of both established and emerging playwrights on a national and international stage. 2. To sustain and expand the organisation from private sponsorship sources, trusts and foundations 3. Tour all productions as extensively &s possible 4. Contribute to cultural development throughout Northern Ireland 5. Promote inter-cultural dialogue in order to increase our audiences 6. Develop partnerships with cornpanies, and organi5ations to deliver joint programtnes 7. Promote awareness of the company locally, nationally and internationally 8. Apply the principles of good governance and be finaDcially responsible in all activities. 9. Search and build on opportunities to work in partnership with international companies and organisations
Slgnifieant Aetivities 2023-24 Plgywright?s Programme- September 2023- April 2024 c21's Playwright and Director Bursary Scheme provided a programme that invested in the development and upskilling of early-stage career artists in Northern Ireland. Following an application process, three early-stage career Playwrights and Directors embarked upon a process of mentorship in new writing under the expert teaching and supervision of highly experienced Dramaturg, Hanna Slattne kmd c21's Creative Director. Stephen Kelly. Our Stories, Scene and Heard - September 2023 - April 2024 This is a two-year project funded by Community Fund NI which will deliver staff reminiscence training for key care workers, and reminiscence sessions on the theme of positive relationship5 for residents. at 10 individual settings throughout different council areas in NI. The residents will create a personal memory book and contribute these unique stories towards the creation of their own bespoke film. c21 Theatre Company 2023-24 Board of Directors and Range of Skills Name/ Role Skillsl Experience Derek Smyth, Chair Former 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 Skilled Commercial mindset) P&S8ionate in people development, experience of managing large teams across all levels. Strong sales professional with rnulti-site experience. Pamela Minford - Member Trudy Harkness - Treasurer Trudy joined Ulster University in 2018 as a School Ofyicer within the Business School, she has worked for a range of organisations. Dearbhla Holohan - Member Dearbhla is an Assistant Director at Children s Servires Barnardo's NI- Early intervention and farnily for the rights of children. Carrie-Anne McAlonan- Mccrudden - Secretary Manager Aisling Ghear Theatre Company. Specialisms: Fundraising, Management, HR, Legal, Finance.
Artistle Pro ram 23-24: The company had: I x Deaf/hearing production (Expecting) that had a world premiere in May 2023 at The MAC Belfa I x Deaflhearing production (Expecting) that perfonned at the Edinburgh Fringe Festival in August 2023. Also perfomied at Edinburgh Deaf Festival I x summer drama week in association with New Lodge Arts Belfast. I x tour of Living Windows in Antrim town centre (in association with Antrim and Newtownabbey BC) 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 perfonners and management. Phase 2 of Our stories, Scene and HeaTd involving four care settings as part of a two-year reminiscence project. c21's Playwright and DirectOT Bursary Scheme provided a programmc that invested An the development and upskilling of early-stage career artists in Northern Ireland. Running time was six months. I x Rurnl Engagement Arts Project in association with Cushendun Arts Centre running from January - March 2024. A series of weekly reminiscence, theatre, storjtelling, visual art and choral workshops over the course of four months. An exchange with Gallaudet University to teach our aotors to sign in American Sign Language. 3 x Halloween projects in association with Belfast One, Mid and East Antrirn Council and Anna Connor Events I x Christmas Event in &5sociation with Fibrus, a broadband provider. Providing script and actors for a unique event. Audiences: Our audience figures were approximately - 19,600 Pro c21 experienced its most successful year to date in 2023-24. A major funding award from The National Lottery Community Fund in September 2022 continued into 2023. Further investments from local authorities and Antrim and Newtownabbey BC in particular. saw a playwright and director programme commence and grow. Preparation w&8 undenvay to take Expecting (our deaf and hearing theatre piece) to the US in May 2024. We had succes5 in Belfast and Edinburgh throughout 23-24. The company has significantly increased turnover this year and there is potential to grow. We have managed to secure funding to keep our company Tnanager at two days per week, alongside meeting the full time salary of our Creative Director Stephen Kelly. c21 is grateful to all the bodies which provided financial support throughout the year - Arts Council of Northern Ireland Doyle Shipping Group National Lottery Community Fund NI Mid and E&st Antrim Borough Council Antrim and Newtownabbey Borough Council Halifax Foundation Northern Ireland Sign Language Partnership Group Culture Ireland
The trustees (who are also the directors of c21 Theatre Co. for the purposes of company law) are res)nSIble for preparing the Report of the Trustees and the finan¢Aal statements in accordan¢¢ wlth the applicable law and Unit¢d Kingdom AOunt1Thg Standards {United Kingdom Generally A¢¢epted Accounting Practice) Company law requires the trustees to prepare financial ststements of each financial year which give a INe and fair view of the state of affairs of the charitable company and ofthe incoming resources and application of r¢source5, including the income and expendilure of the charitabl¢ mpany for that wiod. In preparing those fin8ncial slatement& the trustees are required to: S¢le¢t suitsbl¢ aountIng poli¢ies and then apply them consistently Obserye the metbods and principles in the Charity SORP Make judgements and estimates that are r¢asonabl¢ and prudent Pr¢pare the financial statements on the going ¢on¢ern basis unless it 1$ inappropriate to presume ihat the charitable company will continue in business. The tniste¢s are resp)nsibl¢ for keeping proper accounting records which disclose with reasonable Au¢Y at any tiffle the financial posilion of the charitable company and to ¢nabl¢ them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the asset5 of the charitable company and hence for taktng reasonable steps for th¢ prevention and detection of fraud and oth¢r irregularities. Approved by order of the board of trustees. Derek Smyth Director
e21 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 2024 set out on pages 9-11. Respectlve responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance wilh 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 independenL it is my responsibility to: examine 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 as required under 65 of the Charities Act and my examination was carried out in accordance with the general directions given by the Charity Commissioll for Northern Ireland under section 65(9)(b) 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 trustees concerning any such matters. The prooedures undertaken do not provide all the evidence that would be required in an audit, 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 ftwther inforniation needed for a proper understanding of the accounts to be reached. Independent examiner's statement While your charity's gros5 incotne does not exceed £250,000 your examiner need not be a member of a listed body. I can confinn however that l am qualified to undertake the examination because I am a registeTed member olchartered Accountants Ireland which is one of the listed bodie5. I have 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 Tnatters that require drawing to your attention. . 6>W7 Gavin Reid And Company Chartered Accountants Unit I 212-218 Upper NewtownArds Road Belfast BT4 3ET 10 September 2024
c21 THEATRE COMPANY LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restrieted Funds Funds Total Funds Total Funds Note 2024 2024 2024 2023 Income and Expenditure Incoming Resources Grants rec£ivable Box ofFice receipts Sponsorship and other income Bank Interest 166.311 166,311 6,999 4,080 114 157,718 2,200 3,400 io 6,999 4.080 114 Total Incoming Resources Resources Expended AotOTS' fees and production costs Wages and salaries Training Insurance Printing and stationery Adv¢rtising Telephone Computer costs Motor expenses Travelling and entertainment Legal and Professional costs Accountancy fees Bank fees Credit card charges General expenses Subscriptions 117,544 41,085 266 475 641 135.980 12,048 50 570 505 loo 90 324 3,560 2,760 450 2,250 5,990 2,216 1,080 285 50 24 135 936 266 50 205 172 491 Net Incoming Resources for the Year 5,013 5,884 Unrestricted Fund Balance Brought Forward at 31 Mah 2023 736 Unrestricted Fund Balance Carried Forward at 31 Mah 2024 14 There were no recognised gains or losses other than those included in the Statement of Financial Activities above. The Notes on page I I fom part of these Accounts.
c21 THEATRE COMPANY LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024 2024 2023 CURRENT ASSETS Debtors Prepayments Bank cuent accounts Bank deposit account 7,038 788 68,986 2,380 551 43.824 84,458 54,687 CURRENT LIABILITIES Other creditors Deferred income Accruals 5,839 62,773 7,980 36,018 953 (45,951) IYET ASSETS ACCUTrtULATED FUNDS ACCOUNT Unrestricted fimd revenue surylus
c21 THEATRE COMPANY LIMITED STATEMENf OF FINANCIAL POSITION (CONTINUED) DIRECTOR'S STATEMEKfs REQUIRED BY SEcfioNS 475(2) AND (3) AS AT 31 MARCH 2024 For the year ending 31 March 2024 the cornpany was entitled to ¢xemption from audit under $tiOn 477 of the Companies Act 2006 relating to small ¢omp8nies. Directors. responsibilities: Th¢ shareholders have not required the company ¢0 obtain 8n audit of its fmancial statements for th¢ year in question in a¢¢ordance with section 476. Th¢ dir10[3 acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial st8temenls. These financial statements have been prepaffd in accordance with the provisions applicable to companies subject to the small Companies. regim¢ and in accordance with FRS 102 'The Financial R¢porting Standard applicabl¢ ihe UK and Republic of Ireland.. The financial statements were approved by the Board on l O September 2024 and signed on its behalf by Derek Smyth Director
¢21 THEATRE COMPANY L]MITED NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Charity's awounts: (i) CONVENTION These accounts have been prepared under the.historicaI cost convention. (li) llYCOME This represents the income receivable during the period. 11