Commedia of Errors Commedia of Errors Annual Accounts Period of Accounts Ih Start Date: 6 April 2022 th End Date: 5 April 2023 Company Number: N1676327 Registered Charity Number: NIC108049
Contents Page Company Information Income and Expenditure Account Income Expenditure Balanee Sheet Ih Ih Notes to the Financial Statements for period 6 April 2021 to 5 April 2023 8 Achievements & Viewing I Participatory Figures 10 Declaration Independent Examiner's Report 12
Company Information Commedia of Errors is a limited company and charity set up to produce and tour theatre. It began trading on O l /1 I12021, taking over the activities of the pre-existing Commedia of Errors Theatre Company NICI02783. The company is limited by guarantee - in the event of the charity being wound up, the liability is limited to £1 O per director. The company exists for the benefit of the public to: produce performances in the UK and Ireland; promote and develop the perforniing arts for the benefit of the public. encourage appreciation and participation in perfomiing arts activities, encourage and stimulate artistic creativity and present, promote, organise, manage and produce work of cultural and educational value. Commedia of Errors creates art that responds to, challenges and questions the changing times in which we live. It aims to grow, develop and inforni audiences, beneficiaries and the arts sector and to broaden and deepen engagement by overcoming barriers to arts participation. The following financial statements have been prepared on a going concern basis and as receipts and payments accounts. Artistic Director: Benjamin Gould Co-creative Director: Clare Mcmahon Assistant Producer: Megan Kelly Board Chairperson: Secretary: Treasurer: Member: Michael Weir David Gould Neill Cauwood Jenny Cooke MBE Sally Campton Fiona McAnespie Mark Francos Company Address: 17 Ulsterville Avenue Belfast BT9 7AS
Income and Expenditure Account 22123 I"Nov15 April 22 Income: 137,162.41 42,449.00 Expenditure: 138061.68 29,989.15 Net Surplus or (deficit) on activities: (899.27) 12,459.85 Depreciation 1,618.27 980.89 Surplus or (deficit) 2 517.54 47
Income Income from Charitable Activities Performance Fees Box Office Receipts Workshops Donations 19,062.52 1,298.38 670.00 12.61 TOTAL 21,043.51 Grants Arts Council of Northern Ireland Dfc Future Screens Nl Garfield Weston Foyle Foundation Allen Lane Halifax Foundation WG Edwards Esmee Mitchell 47,450.00 21,918.90 20,000.00 i 0,000.00 5,000.00 5,000.00 4,500.00 1,250.00 1,000.00 TOTAL 116,118.90 TOTAL £137,162.41
Expenditure Support Costs Operational Staff 45,527.07 Charitable Expenditure Artist Fees 77,353.34 Venue Hire 3,810.00 Insurance 1,133.51 Marketing 3,725.32 Office 2,220.01 Travel 1,413.07 SetlCostume/Props 1,179.91 Technical 474.27 Miscellaneous 1,225.18 TOTAL 138,061.68 Depreciation 1,618.27 TOTAL 139,679.95
th Balance Sheet as at 5 April 2023 Unrestricted Funds Restricted Funds Total Funds Fixed Assets Tangible Assets 521.71 5,815.84 6,337.55 Current Assets Cash at bank 17,309.69 15,081.86 32,391.55 Current Liabilities Net Assets Unrestricted Funds Restricted Funds Total Funds Represented by: Revenue Reserves th As at 6 April 2022 23,950.23 17,296.41 Surplus (deficit) for the year (6,118.83) 3,601.29 th 5 April 2023 897 729.10
Notes to the Financial Statements for period 6th April 2021 to 5th April 2023 l) Accounting Policies a) Basis of Pre aration These financial statements have been prepared on a receipts and payments basis under the historical cost convention. Income is recognised at the point of receipt and expenditure at the point of payment. ible Fixed Assets The Theatre Company's equipment, furniture and fittings are capitalised at cost and depreciated on a straight line basis at a rate of 200A per annum calculated to reduce them to their estimated net realisable value over the course of their useful economic lives.
2) Fixed Assets Equipment, Fixtures and Fittings Cost Unrestricted Funds Restricted Funds Total Funds th At 6 April 2022 1,099.00 11,294.54 12,393.54 Purchases for the year Nil th At 5 April 2023 1099.00 11294.54 12 reciation At 6 April 2022 439.59 3,998.13 4,437.72 Charge for the year 137.70 1480.57 1618.27 th At 5 April 2023 Net Present Value At 6 April 2022 659.41 7,296.41 5,815.84 7,955.82 6,337.55 th At 5 April 2023 521.71
Achievements & Viewing I Participatory Figures Plays Aloud Plays Aloud 9 Summer Plays Aloud 10 Christmas Total 361 371 732 The Gap Year Lyric Main Stage September 2022 6,823 I Am Maura MAC Shows School Shows Lyric Shows Total 105 297 293 695 North of the Island Public Reading 87 Petra Invited Audience 20 Rosebud Rehearsed Reading (invited audience) 15 Dementia Charging Perspectives Testing Participants 24 TOTAL 8,329 Workshop Participants Workshops Participants 21 Other Participation on Arts and Business, Blueprint financial growth programme. Benjamin Gould acted as a reader for the Lyric Theatre's New Playwrights Programme's submissions as well as offering independent advice and support to playwrights. 10
Declaration These financial statements are for the current financial year ended 5 April 2023 and were approved by the Board of Directors on Name: Status: Ckt4F Orcl
Independent Examiner's Report Independent examiner, s report to the charity trustees of Commedia of Errors. I report on the accounts of the Charity for the period ended 5th April 2023, which are set out in the company accounts document. Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the Accounts in accordance with the Charities Act (Northern Ireland) 2008. It is my responsibility to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act state whether particular matters have come to my attention. Basis of independent examiner's report have examined your charity accounts as required under section 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(9)(b) of the Charities Act. My 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 consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees conceming any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with section 63 of the Charities Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further inforniation needed for a proper understanding of the accounts to be reached Independent examiner, s statement I have completed my examination and have no concerns in respect of the matters ( l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to 12
your attention. Name: 'iLL NcrA(Jts • Relevant professional qualification or body: Address: 41 f•rL6SJrtA/ /4*>. C4/tLic/f fvi-n&S, & 17 4 7/tr Date: f 4L)66r zoz S 13