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Company number 2479179
Charity number 1010192
The Half Moon Young People's Theatre Llmlted
{Llmlled by Guarnnte•)
Report and Flnanclal Statements
for the year ended 31 March 2025
'AE7ZOCVK'
3110712025
COMPANIES HOUSE
A80
#251
Br•ckman & Company Ltd
Chartered Certllied Accountants
49 Soulh Mollon Streei
London W1K 5LH

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The Half Moon Young People's Theatre Limited
{Limiied by Guarantee)
Contents
Page
Fleference and Administrative Delails
Trustees, Report
3-13
Auditors, Report
14-17
Slatemenl of Financial Acllvities (including Income and Expendilure Account)
18-22
Balance Sheel
23
Cash Flow Slatement
24
Notes to the Financial Statements
25-36

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The Half Moon Young People's Theatre Llmiied
(LIMIt￿ by Guaranlee)
Reference and Admlnlslratlve Deiails
Constitulion
The company is a private company limited by guarantee registered in EW England & Wales, company
number 2479179 and ils governing document is ils Memorandum and Articles of Association. The company
is a regislered charity, number 1010192.
Oirectors and trustees
The direclors of the charitable company Iyhe chariv,) are ils trustees for the purpose ol charity law and
throughout thls report are collectively referred lo as the trustees.
As sei oul in the Articles of Association the trustees are appointed by members of The Half Moon Young
Peopl8's Theatre Limited al our Annual General Meeting IAGM) or by postal vote. One third of Ihe members
of Ihe t)oard of trustees must stand down at each AGM, and members are eligible for re-election.
Policies and procedures adopted for the induclion and training of trustees are ongoing and Incorporated
indirectly into the regular trustees meetings.
The trustees during ihe year and since the year end, were .
Benjamin Jones (Chair from 17 July 2024)
Dawn Harrison-wallace (Chair to 17 July 2024)
Vipul Bhatti
Dr Kale Dorney
Asma Jhina
Constantina Kleanthous
Anuradha Laws
Anila Lewis
Mark Macey
Mary Mccolgan
Sarah Nottingham
Taleebah Sankofa
Roopa Sharma
Nulan Velji
James Wakefield
appointed 16 May 2024
resigned 15 May 2024
appointed 21 May 2024, resigned 2 October 2024
resigned 17 July 2024
resigned 17 July 2024
appointed 8 May 2025
appointed 21 May 2024
app)inted 21 May 2024
Secretary
Louise Allen
Jacqueline Eley
from 20 January 2025
to 20 January 2025
Joint Chief Executlves I day to day management
Louise Allen {Executive Director)
from 20 January 2025
Bradley Travis (Artistic Director)
from 23 January 2025
Chris Elwell
to 31 January 2025
Audltors
Breckman & Company Limited, 49 South Molton Street, London W1 K 5LH.

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The Half Moon Young People's Theatre Llmlled
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Bankers
Unty Trust Bank, 9 Brindley Place, Birmingham, Wesl Midlands B12HB.
Reglslered offlce and operallon address
43 White Horse Road, London E1 OND.

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Trustees, report
The Trustees present their annual report together with the financial statements of the charity for the
year ended 31 March 2025, which are also prepared to meet the requirements for a Directors, report
and accounts for Companies Act purposes.
The fsnancial statements comply with the Charities Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association of the charity and Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordan
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102>.
The reference and administrative details set out on pages 1 and 2 fom part of this report.
CHAIR'S INTRODUCTION
This is my first year as Chair of Trustees for Half Moon. As I reflect on the achievements in 2024125,
I'm reminded of the exceptional quality of work that is produced from our base in East London. My
personal highlights have included the latest co-production for 6 - 18 month olds Soft or Spiky? and our
flagship Nexl Steps programme supporting vulnerable young people with the transition from primary to
secondary school.
This has been a year of significant change at Half Moon. We have said goodbye to our Director, Chris
Elwell, after 27 years and our Administrative Director Jackie Eley. Their legacy and impact on the local
community was evident in the many messages we received on hearing news of their departure. We
welcomed Bradley Travis (Artistic Director) and Louise Allen (Executive Director) as CO-CEOS at Ihe
beginning of 2025 and they have brought with them a new energy and dynamism to the organisation.
I'm excited to work with them on a new chapter for Half Moon. The core staff team have wort<ed
tirelessly during this period of transition and have shown a real dedication to the theatre and its values.
Although we begin 2025126 wrth new financial challenges, l am confident that the theatre is in safe
hands. Our C¢>CEOs have a bold new vision for the theatre and have already begun to implement a
new and innovative fundraising and income diversification strategy with support from the trustees.
On behalf of Half Moon, I would like to thank all our funders, without whom we would not be able lo
continue our vital work and have such an impact on the young people we work with. I would also like
to thank our Board of Trustees who bring a wealth of experience and expertise to support the
organisation.
It has been a real privilege to work with the entire team at Half Moon. In the words of one of our youth
theatre participants.. 'When I think of Half Moon The81￿, for one il's about relationships. CTraling 8
safe, welcoming communily orspace to express yourself 8nd have fun.,
Ben Jones
Chair
OBJECTIVES AND ACTIVITIES
Half Moon has creativrty and communty at its heart. We ereate joyful and daring theatre which tours
nalionally, inspiring and empowering young people to navigate the world around them.
At our Limehouse home and across Tower Hamlets we offer inspiring opportunities for children and
young people of all a9es and abilities to build confidence, resilience and ambition through participation
in the arts. The company places an emphasis on engaging participants and artlsls who feel excluded
from arts activity. such as those from elhnicalSy diverse communities, Dldeaf and disabled people, those
who are neurodiverse or affected by mental heallh conditions, or those excluded due to socio-economic
circumstan￿.
Half Moon specialises in new writing and artfom development, working collaboratively with a wide
range of partners. The company's expertise is in supporting young people and artists at every stage of
their creative development, providing galeways to engagement, offering pathways for progression and

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experimentation, then disseminating outcomes with the wider sector through performances, tourin9
productions, open dialogue and continuing professional development. There is a synergy between Half
Moon's Crealive Learning and professional theatre programmes, which have equal status and are
mulually enriching.
Artform developmenVProducing:
producing and presenting the best professional theatre at the company's own venue and in
other arts. education and community venues nationally, including libraries
nurturing and mentoring new artists and emerging companies, particularly those under-
represented in the young people's theatre sector
inspiring established artists and companies to work in the theatre for young audiences sector
Creative Learning..
providing an extensive education and outreach programme for groups and independent
attenders
placing Ghildren and young people at the heart of the creative processes to develop professional
work
giving children and youn9 people representation and a voi¢0 in all a￿a5 of the organisation
To raise the standard of worf< being produced for, with and by young people, Half Moon works in an
open manner, encouraging open debate. Our programme of activities is based on ongoing research
into the needs and ambitions of the company's various stakeholders. The company feels confident to
adapt and take risks, as the innovative work is piloted and shaped from the company's understanding
of the needs of the sector and the communities it se￿eS. We undertakes rigorous monitoring and
evaluation of all projects, measuring the impact of the work in a variety of ways tailored to the age and
abilrties of those involved.
In shaping our objectives for the year and planning our 8Ctivitie8 the Trustees have considered the
Charity Commission's guidance on public benefit, including the guidance 'public benefit.. running 8
charity (PB2)'.
2024125 headline statistics
39,047 total engagements
perfomances al our own theatre and on tour attracted 13,173 audience mernbers
we delivered 1559 creative learning sessions, with 25.874 participatory engagements
of the young people who participate in our weekly aclivty, 590/0 are from ethnically diverse
communities, 310h are disabled or have additional needs and 53tsA are from households on low
incomes or receiving benefits
we worked with two thirds of the schools in Tower Hamlets (55 schools) and 85 % of these
engaged in at least projecls
we employed 64 freelance artists, facilitators, access workers and technicians, 41 h of whom
are from ethnically diverse communities
our volunteers donated 874 hours of their time to support us on a variety of projects
ACHIEVEMENTS AND PERFORMANCE
PROFESSIONAL THEATRE
In 2024125 we presented our usual autumn and spring seasons of professional shows for families,
children, young people and schools. As well as our own shows we welcomed 26 touring productions
by the best companies creating work for young audiences. We also presented shows at All Points East
Festival in Victoria Park. We continued to run Theat￿ Passport, the company's funded ticket scheme
for schools and communty groups which gives local people free access to quality theatre.
Ten in the Bed
This Half Moon production written by Steve Tasane, an award-winning teenage fiction writer, opened
in May 2024 and toured nationally including a showcase at the National Rural Touring Forum festival

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in Blackpool and perfonnances in Sheffield as part of the Migration Matters Festival. Ten in the Bed,
for ages 3-8, sensitively explores the child refugee experien￿, where the power of invention offers an
escape from reality.
<7 <7 * £> °This enchanting show is a must-see for families. offering 8 delighfful blend of humour,
empathy and imagin8tive storytelling. Ten in the Bed delivers a meaningful and enjoyable experience
thal underscores Ihe importance olinclusion, foste￿ hope, and showcases the limitless potential of
imaginatwe play."
All About Theatre
Soft or Splky?
This show for babies aged 6-18 months was our first c&production with Polka Theatre. Devised and
direcled by Daryl Beeton, leading Disabled artist and ex-Associate Director of Half Moon, Soft or Spiky.
is a playful and interaclwe show full ofshapes, sounds and textures. exploring different ways to connect
and understand each other. As well as runs at both Half Moon and Polka it toured to both traditional
venues and librarieslcommunity settings around the country, giving a total of 124 performances.
g> g> <7 °A rel￿shinglY 21st4enlury sensory experience for babies and their adults. Smiles 811
roundl . [St8sha Dukic] is Just delightfull She's enonnously charismatic. engaging instantly with the
babies..
Everything Theatre
Half Moon Theatre On Demand
Started in 2021, Half Moon Theatre On Demand is a streaming service offering big laughs. bold stories
and brilliant theatre for young audiences from the comfort oftheir home. Our On Demand service allows
you towalch 8 showwhenever you want. and as many times as you want, for48 hours. Closed captions,
British Sign Language (BSL) and Audio Described productions are available - everyone's invited.
In 202412025 there were ten productions available to stream, with Hot Orange (ages 13+) and our co-
production of Boxed In (ages 34) added to the platform. Grandad An8nsi (ages 4-9), our ctrproduction
with Z-arts, has now been removed as it is touring in autumn 2025 and Ten in the Bed (ages 3-8) 18
waiting to be added.
Theatre for Young Audiences (TYAI Venue Programmer3 Con8Ortlum
Half Moon continued to lead this consortium for peers across the country who programme work for
children and young people into their venues, touring networks. communty, rural or local authority
spaces. Quarterly sessions provide a space to discuss work. the latest trends and explore collaborative
programming. It also, importantly, provides a networking opportunity.
Half Moon Gallery
We presented 4 exhibitions in our gallery space over the period. Gome Along with Me by Danni Leach,
a striking collection of colourful and playful animal and landscape images using pencil. ink, paint, collage
and photography; the best GCSE and A Level work from our local schools in partnership with our regular
collaborators THAT {Tower Hamlets Art Teachers Association), this year featuring London East
Alternative Provision (LEAP) and Swanlea School,. a collaborative exhibition curated by Greenwich
Printmakers. with each piece hand-printed, using traditional techniques, such as etching, linocut and
8r.reen-printlDg and Dayd￿aM by RIOT SOUP. a collective of Black and Brown women artists in
London.
Half Moon Archlve
In January 2025, the company transferred rts complete physical and digital archive to the Archives and
Special Collections of Queen Mary University of London Archives. This includes the small physical
archive held for many years at Royal Holloway University Iref.. HMT1 & HMT2) much of which was
digitalised in 2016 and uploaded to the archive website www.sta
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The vast majority of the archive transfer included an extensive and previously inaccessible physical and
digltal archive spanning the years 1972 to 2024 that had been stored by the company in Whitehorse
Road since 1990.
ARTFORM DEVELOPMENT
The success of N8rr8tives of Empathy and Resilience, our major artform development programme to
support under-represented artists in 2021, provided us wrth range of ideas by some very exciting artists.
Ten in Ihe Bed came out of this programme. During the year we also undertook further research and
development work with some of the other art15ts from this programme to develop their bdeas. This
includes..
Brave B8tti8- This piece by Tatenda Naomi Matsvai (co-writer of Hot Orange) for 3-8 year olds
will be a co-production between Half Moon and Z-arts and will tour in spring 2026.
One Night of Freedom - this new commission by Joe Neissessian for 13+lteenage audiences
will lour in autumn 2026 and focuses on refugee experiences in Europe.
CREATIVE LEARNING
Our Creative Learning programme is wide-ranging, covering ages 0-18 {or 25 for young adults with
disabilities), with a strong focus in Tower Hamlets. The programme includes sessions in formal
education settings as part of curriculum delivery, as well as work with children, young people and
families as independent attenders. Our work supports the borough's strategies for children and young
people and enhances our audience development initiatives The overarching aim of the Creative
Leaming programme is to ensure work is inclusive and accessible to all and offer progression routes
for young people to continue exploring their creativity.
Our ongoing signature projects ara highlighted below.
Youth Theatre - We run eight weekly Youth Theatre groups for various age ranges, seven of which
are fully inclusive, whereby children with needs are provided with appropriate specialist access support
(e.g. for neurodiverse young people and any young people with physical andlor cognitive disabilities.
sensory impaimients and mental health condrtionsl The eighth group is for young people aged 13-25
with complex and multiple disabilities or who operate within the autistic spectrum, whose needs are
best met in a smaller specialist setting.
A dedicated Pastoral Support Worker acts as liaison with parents and carers, strengthening the
relationship wrth families. They support the young people in break time$ and beyond which has resulted
in a huge increase in positive friendships and communication.
Over each temi and the year as a whole, we noted improved personal outcomes for all of the young
people attending. These were seen in tems of Communication Skills (Speaking and Listening).
Emotional Literacy, Positive Social Engagement and Creative Development. Across the year 252
young people attended Youth Theatre.
'1 become rn0￿ confident and I supported others in our group,
'1 am now MO￿ confident performing in front of others and expressing my emotions,
Feedback from participants
'1 have never seen X do what she just did in that rooml She was so confident. What have Half Moon
done with my daughte￿1 Thank you. Your access team have been patient, kind. undetstanding and
extrefftely giving,
Feedback from parent
Next Steps and After School Clubs - This was the 6th year that we have delivered the Next Steps
programme. commissioned by Young Tower Hamlets. This specialist provision supports Year 6 pupils
who are considered vulnerable in their transition from primary to secondary school. Participants benefit

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from targeted. weekly sessions in their final half temi of primary school and a week-long Summer School
in the sumrner holiday before they begin secondary school.
The prograrnme aims to enable participants to better express themselves, build confidence and develop
soft skills such as effective communication, presentation, decision-making, taking responsibility and
making a commitment. We use a range of activeldrama techniques to explore wider issues that are
impacting their lives (i.e. bullying, online safety, prejudiceldiscrimination, friendships. managing
homework).
In addition. we also continued with our three-year After School Clubs continuation offer for the
participants, providing young people with the opportunty to attend weekly sessions after they have
transitioned to secondary school. These clubs lake place in 3 locations in the community around the
borough. Being able to offer continued long-term intervention to Year 7s, 8s and gs has become core
to the success of this programme. After School Club participants a150 have the chance to experience
Play-In-A-Day project where they take over the Half Moon building.
161 young people participated in the programme during the year and 100% said that they felt safe when
attending.
'This is a place where you can escape the bounds. Everybody gets to be themselves here.
.1 have been able to speak up more and have gained confidence,
Feedback from participants
Creatlve Play provides a structured, creative social space for parents and children, offering a narrative-
driven approach to play that fosters imaginative. child-led play where both parent and child can leam
from and support each other. The programme also incorporates language repetition as a tool for pre-
irteracy development. Creative practitioners research, design, and prepare materials that are relevant
to the programme, ensuring a strong connection belween the ideas explored in workshops and
everyday objects found at home. This programme empowers parents and carers by helping them
understand the importance of play and its role in their child's development.
Over the year we delivered c￿atiVe Play in 5 children & family centres, engaging with 114 adults and
119 children.
'1 really want to find w8yS to be creative at home and this has given me so many ideasl.
'These sessions h8ve really contributed to my child's development skills and le8ming'
Participant feedback
Speech Bubbles is a targeted, year-long, evidence-based intervention supporting KS1 children with
speech and language issues through a drama recovery programme. During the year we delivered
Speech Bubbles in 3 mainstream schools and for the first time one specialist Autism school, benefitting
72 young people.
Performance Work8- This is an annual project offering summer holiday activty for young people aged
13 to 25 with complex disabilities. The 11 participants used drama and music to create a piece of
theatre, working collaboratively on a performance for family, friends and the wider community on the
final day. The project was driven by the ideas of the young people from initial conception to the delivery
of a perfonrance. which was inspired by London and Tower Harnlets.
'This week I really enjoyed making new Iriends.
'1 felt super confident! it was lunl I can't wait to do rn0￿ in the future,
Participant feedback
Careers In Theatre- This programme is for Year 9, 10 and 11 students who are studying for GCSE
Drama or are considering taking GCSE Drama. Participants are provided with new skills and practical
knowledge of career options in the theatre industry through working alongside a team of talented
industry professionals. 195 participants from 10 local schools took part.

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.1 accomplished everything I thought I couldn't,
'1 feel proud that I was able to contribute my ideasl l enjoyed presenting my idea￿ubliC speaking.
Participant feedback
'Since taking part in Careers in Theatre X has programmed our lighting board and opernted the lighting
desk during school shows, a d1￿cl result of her leaming fmm the professionals at Half Moon,
Teacher feedback
For teachers- Over the year we delivered 6 CPD sessions for teachers, including Creative Approaches
to Wellbeing, Challenging Behaviour, Creative Strategies to Reengage Learners and Approaches to
Devising and Text. We continued to convene the Secondary Drama Forum, a temly coming together
for drama teachers in the borough.
'Just an endless list of useful strategies and activities thal I can'l wait to use with my class! It was
ally engaging and fun way lo encourage children to think more deeply about their wellbeing and
emotions.,
Teacher Feedback on CPD
Hlgher Educatlon During the year we continued our partnerships with Higher Education Institutes,
working wrth our local universities Queen Mary University of London, University of East London and
Goldsmiths, as well as the specialist institutions Rose B wford College and Royal Central School of
Speech and Drama.
Further one-off projects were also delivered during the year. including..
Feeling Futures- Delivered in partnership with Queen Mary University London, this project used drama
as a tool to explore feelings about life transitions. 11 participants from our Youth Theatres and After
School Drama communty groups took part, alongside local young people from secondary schools in
Tower Hamlets. Additionally, the project involved a freelance embedded evaluator, tsvo undergraduate
students, and four postgraduate students.
Connect - This wellbeing programme for Year Ss used drama as a tool to support positive mental
health. The aim was to help participants feel more optimistic about their futures and aid them to identfy
and support any of their peers who are struggling with their mental health. Connect was delivered in 10
local primary schools reaching 630Children.
'The approach provided 8n accessible entry point for those who typically find il challenging to share
their feelings. The children particularly enjoyed acting out ￿SpOnseS to various scenarios. Importantly,
this enabled them lo experiment with diffe￿nt approaches, discuss potenti81 outcomes, and gain a
deeper understanding of the consequences of ections / words / b8h8viours.'
Teacher feedback
Ghyama Arts- This programme. delivered in partnership with St Margaret's House and Ghyama Arts,
used drama to increase confidence and independence fordisabled adultsfrom the Bangladeshi Parents
and Carers Association IBPCAI in Tower Hamlets and Newham. It culminated in a sharing as part of
the Season of Bangla Drama festival.
Phoenlx School - Half Moon was commissioned by Phoenix Specialist Autism School to deliver a
drama, dance and movement project for Year 12 students over two terms. The delivery team worked
responsively to meet the young people's needs, developing rapport, encouraging communication and
adapling the structure to engage every participant. The emphasis was on non-verbal expression.
improvisation, and inclusive performance-making, which enabled all to express themselves through
movement, music, and collaborative storytelling. A sharing was held al the end of the project for family
and peers at Half Moon.

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Joumey Together- This programme for 24 year olds took place over a term at Mile End Children and
Family Centre and Manorfield Nursery. It focused on key areas of social, emotional, and behavioural
development for children, while also posrtivety impacting parental mental health and well-being. A key
innovation of this programme was the inclusion of an access worker in addition to the lead and support
tutor which was in response to feedback from families and tutors on other early years prqects,
Young People's Involvement
Haff Moon remains committed to ensuring that young people are at the very centre of everything the
company does
their authentic voice is always evident in all aspects of activrty. Over and above
presenting to them as an audience, artists have direct contact with young people across the creative
process of developing a show through structured encounterslworkshops, ensuring the young people's
voices are foremost in the creative development. Young people have formal representation through the
Youth Forum - representatives from all groups are elected to join this termly Forum, a Trustee attends
meetings and minutes are presented to the full Board as a regular agenda item.
SOCIAL IMPACT, INCLUSION AND THE ENVIRONMENT
Half Moon has been embedded in the Tower Hamlets communtty for over 30 years and has a strong
reputation for delivering fully accessible work that meets the priorities of the young people and families
we serve. What we offer is heavily subsidised. with addilional access support offered for free, so that
our offer is affordable for 811. We are based in the middle of Tower Hamlets, the borough with the
highest levels of child poverty and high indices of special educational needs for local young people.
Intersecting issues negalively impact our young people, including overcrowding, social deprivation and
domestic abuse. These factors lead to complex issues which often have signtficant effects on their
mental health.
Everything we do is inclusive. We work wrth key partners in our communty from local schools,
nurseries. children and family centres. social worker teams, refuges, Virtual Schools {Looked After Care
team), the Tower Hamlets Early Help Hub and olher local authority teams and third sector organisations
to ensure that those young people and families who will benefit most are able to access our
programmes.
During the year, we carried out the recommended works from the 2022 Accèss Audrt, thanks to funding
from the City Bridge Trust. This involved the replacement of main passenger lift, installation of a hearing
induction loop in the theatre. improvements to wayfinding and repairs to uneven floors, steps and door
thresholds. We also filmed a 360° virtual tourofthe building to help young people with autistic spectrum
disorder prepare for their visit to the theatre.
Half Moon recognises that the company's operations have an impact on the environment and is
committed to reducing that impact through continuous environmental improvement. We are a founding
member of the TEF (Theatre Education Forum) Climate Justice Collective and we work in partnership
with Julie's Bicycle (a not for profit that supports arts organisations to tackle climate Change) to achieve
our green goals. Each year we input all of our data into the Julie's Bicycle Creative Climate TODI and
seek to continually improve in this area.
FINANCIAL REVIEW
We are a National Portfolio Organisation of Arts Council England and this funding represented 27% of
turnover in 2024125. The company has good relationships with charitAble trusts and foundations of all
sizes, many of which provide regular and multi-year funding. Half Moon's home borough of Tower
Hamlets is very supportive and provides funding as grants, service level agreements and
commi55ioning.
2024125 has been a transitional period for Haff Moon and this is ￿flected in the financial outturn for the
year. The preparations for the change of leadership involved certain income generating activities being
wound down and the handover period with the incoming team, as well as payments for unlaken leave,

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incurred increased staffing costs. Other unforeseen factors causing overspend include cover for Ihe
long temi sickness of a member of staff and the breakdown of the boiler. This unfortunately coincided
with a reduclion in the level of grant income from trusts and foundations, a downward trend experienced
by charitable organisations nationally. The year ended with an in-year deficit of £52,987 (2024. £8,432
surplus) which has been supported by the company's reserves.
Despite this, Half M(yJn is in a stable position, with the mortgage having been paid off four and a half
years earty in April 2023 and no outstanding debt repayments. The cashflow position is good and as
at year end there is already over £160k of confimied grant income from trusts and foundations for future
projects and capital works. The new leadership team, together with the Trustees. is developing a new
fundraising and income diversification strategy alongside a plan to rebuild the resenrfes. At the end of
the year there were unrestricted funds of £367,296 (2024.. £423,525) and reslricled funds of £118.629
(2024.. £115,387).
Our programme of activity in 2024125 has been made possible through the support of our many funders..
Action for Bow
Arts Council England
The Austin & Hope Pilkingion Trust
Backstage Trust
Blackwall Reach Trust
Canary Wharf Group
Charles S French Charitable Trust
Chesterhill Charitable Trust
City Bridge Foundation
Clarion Fulures
CMS Social Impact Fund
Compass Wellbeing
The Defek Shuttleworth Educational Trust
East End Community Foundation
easyfundraising
The Fitton Trust
The Harold Hyam Wingate Foundation
The Henry Smrth Charity
Investec
Isle of Dogs Grants Chest
Jack Petchey Foundation
The John Thaw Foundation
King Charles111 Foundation
The Leche Trust
M&G Prudential Communrty Fund
The National Lottery Community Fund
Ocean Regeneration Trust
Queen Mary University of London
Save The Children
Souter Charitable Trust
St James's Place Foundation
The Steel Charitable Trust
Tower Hamlets Arts & Music Education Service
Tower Hamlels Council
Tower Hamlels Youth Service
The Worshipful Company of Coopers
We thank these supporters, as well as the many individual donors and funders who wish to remain
anonymous and all of our volunteers who generously give their time to support our activities.
RESERVES POLICY
The organisalion's reserves policy sets a target for maintaining a Designated ReseNe, intended to
provide financial security in the event of unexpected changes in funding. unforeseen operational costs,
or capital expenditure needs. The target level for the Designated Reserve is £70,000. This figure
comprises an estimated £45,000, equivalent to three month5, SUPPOrt costs and an additional £25,000
allocated for discretionary or unplanned expendrture.
The Board of Trustees reviews the reserve5 policy annually to ensure it remains appropriate in light of
the organisation's evolving financial position and strategic priorities.
During 2024125, the organisation drew on a portion of tts feserves to help navigate a period of signrficant
transition. This strategic use of reserves ensured continuity and stability during a time of change.
Recognising the importance of long-temi financial sustainability, the new leadership team, working
closely with the Board of Trustees, is now developing a refreshed fundraising and income diversification
strategy. This is being designed in parallel with a comprehensive plan to rebuild and strengthen the
organisation's reserves.
10

Oo¢usSgn ErNelope ID.. C88989cF-E07F43F4-A2EF-7155F8117F28
Restoring the reseprfes is critical not only to safeguarding the charity's future resilience but also to
enabling it to respond effectively to unforeseen challenges and continue delivering impact. A robust
financial foundation will empower the organisation to invest in innovation. grow its services, and achieve
its strategic objectives with confidence.
RISK MANAGEMENT
The company adopts a proactive and comprehensive approach lo risk management, recognising the
critical importance of anticipating and mitigating threats to its sustainability and effectiveness. An annual
strategic risk review is conducted with the Board of Trustees, complemented by a rolling assessment
of risks across key categories.. govemance and leadership. operations, finance, compliance, and
externallenvironmental factors. In addition, tailored risk assessments are produced for all productions,
tours, projects and school visits to ensure safety. accounlabilty and quality of delivery at all levels.
The most significant risks currently facing the organisation are the potential loss of rts principal core
funder, Arts Council England (ACE), and the ongoing downward trend in grant funding from trusts and
foundations, a challenge facing much of the sector. A loss of core funding would have a material impact
on the organi5alion's ability to deliver its programme5 and maintain staffing capacity.
To mitigate these risks, the organisation places a strong emphasis on maintaining open, transparènt,
and constructive relationships with ACE and all existing funders. Regular reporting, high standards of
delivery and alignment with funder priorities underpin this approach. The organisation also benefits from
long-standing, positive partnerships with various departments of the London Borough of Tower
Hamlets. which has resulted in continued access to a range of local aulhority funding streams.
Looking ahead, the leadership team is also developing 8 refreshed fundraising and income
diversification strategy to reduce dependency on any single funding source and strengthen financial
resilience.
FUTURE PLANS
Going forward, Half Moon will continue to pioneer its approaches to developing work through
meaningful inleraclion and consultation with young people, placing them at the heart of the creative
process. We will tour two productions in 2025126, a revival of Grand8d Anansi by Elayne ogbela for
ages 4-9, and a new production 8r8ve 8ettie by Tatenda Matsvai for ages 3-8, bolh of which are co-
productions with Z-arts. We will continue to work in an entrepreneurial manner wrth a wide range of
partners. including artists. companies. venues, educational establishments and other Third Sector
organisations. This commrtment to partnership working and collaboration are vital to the continued
success of the company, both artistically and financially.
Our Creative Learning programme will continue to have a strong focus in Tower Hamlets, with sessions
in formal education settings as part of curriculum delivery. as well as work with children and young
people as independent attenders. Our work will continue to support the borough's strategies for children
and young people and enhance our audience development initiatives.
This is an exciting time for Half Moon and the company looks ahead to a new chapter under the new
leadership team, building on the company's incredible legacy and existing relationships to grow and
develop through a new vision for the future.
Audltors
A resolution proposing the re-appointment of Breckman & Company as auditor will be subrn￿ed at the
Annual General Meeting.
Investments
The charily has no investments.
Assets
The movement in fixed assets is shown in Note 10 to the accounts.

Docuslgn Envelope10.. C6B989CF-E07F43F¥A2EF-7155F8117F28
Going Concem
The direcloTS are of the opinion that a going concern basis is appropriate for the preparation of these
accounts.
The directors are confident that the company will be able to continue operating for at least the 12 months
from the date of this report.
Organlsatlon and Constitution
The company was incorporated on 9th March 1990 and is govemed by its Memorandum and Articles
of Association.
The charitable objects of the Charity are..
For the promotion, maintenance, improvement and advancement of education particularly by
the production of educational plays and drama workshops, the provision of training and the
encouragement of Ihe arts including the arts of drama, ballet. music, singing, literature,
sculpture and painting.
A Board of Trustees, who meet quarterly. administers the charity. Thè Trustees delegate the day lo day
management of the charity to the Joint CEOS, Louise Allen (Executive Director) and Bradley Travis
(Artistic Director). The existing Trustees are entitled to appoint further Trustees in accordance with the
Memorandum and Articles of Association.
Trustee Inductlon and tralnlng
Polential new Trustees obseNe a Council of Management meeting before being formally appointed.
They are sent an induction pack including a lisl of legal obligations, Ihe Memorandum and Articles of
Association, the details of committees and decision making processes, the business plan, policies and
procedures, staff structure and recent management accounts 2nd budgets. Trustees participate in an
annual Retreat day as well as other meetings and events outside ofthe formal quarterly meetings. They
are also offered training and development opportunities as appropriate to their needs and interests.
Remuneratlon
No remuneration is paid lo Trustees and the remuneralion for other key management personnel is
decided on by the Council of Management based on benchmarking against other similar organisalions
in the sector to ensure that rates paid remain competitive.
The company is limited by guarantee and has no share capital. The guarantees of individual members
are limited to £1.
Statement ol Trustees, responsibillties
The Trustees (who are also directors of Half Moon Young People's Theatre Limited for the purposes of
company lawl are responsible for preparing the Trustees, Annual Report and the financial statements
in accordance with applicable law and the United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under
company law the Trustees must not approve the financial statements unless they are satisfied that they
give a true and fair view of the state of affairs of the charitable company and of the incoming resources
and application of resources, including the income and expenditure, of the charitable company for that
period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
ObSe￿e the methods and principles in the Charities SORP 2019 {FRS 102).,
make judgements and estimales that are reasonable and prudent.,
stale whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charilable company will continue in operation.
12

Docusign Envelope10.. C6B989CF-E07F43F*A2EF-7155F8117F2B
The Trustees are responsible for keeping adequate accounting records thal disclose with reasonable
accuracy at any time the financial position of the charitable company and enable Ihem to ensure that
the financial slatements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and. other irregularities.
In so far as the Trustees are aware:
there is no relevant audit infomation of which the charitable company's auditor is unaware., and
the Trustees have taken all steps that they ought to have taken to make themselves aware of
any relevanl audit information and to establish that the auditor is aware of that information.
The Trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable company's website. Legislation in the Unrted Kingdom governing
the preparation and dissemination of financial slatements may differ from legislation in other
jurisdictions.
Small company 6xemptions.
-This report is prepared in accordance with the provisions of the Companies Act 2008 relating to small
companies. This report was approved by the Board of Trustees on 17 July 2025 and signed on rts behalf
by
Benjamln Jone8 (Chair)
Trustee
13

Docusign Envelope ID.. C6B989CF_E07F43FtsA2EF.7155FB117Ffj8
Independenl Audiiors, Report to Ihe Members of The Half Moon Young People's Theatre Limited
Opinion
We have audited the financiai statements of The Half Moon Young People's Theatre Limited (the 'charitable
company.) for Ihe year ended 31 Mqrch 2025 which comprise the Stalement of Financial Activities, the
Balance Sheet, the Cash Flow Slate'menl and notes to the financial statemenls, including a summary of
significanl accounting policies. The financial reporting framework thal has been applied in their preparation
is applicable law and United Kingdom Accounting Standards, .including Financial Reporting Standard 102
The Financial Reporting Standard applicable in the UK and. Republic of Ireland (United Kingdom Generally
Accepted Accounting Practice)..
In our oplnion Ihe flnanclal statemenls:
give a true and fair view of the state of the charitable company's affairs as ai 31 March 2025, and of its
incoming resources, and applicalion of resources, including its income and expenditure, for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounling Practice:
and
have been prepared in accordance with the requiremenls of the Companies Act 2006.
Ba818 for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Audilorfs
responsibilities for the audit ol the tinancial slalemenls section of our repoii. We are independent of the
charilablo company in accordance with the ethical requirements that are relevant to our audit of Ihe linancial,
slatemenls in the UK, including the FRC'S Ethical Standard, and w8 have fulfillèd our olher èthical
responsibilities in accordance with Ihese requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclu8lon8 relating to golng concern
In auditing the financial slatemenls, we have concluded lhat.the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on Ihe work we have performed, we have not identified any material uncertainties relating to evenls
or conditions Ihal. individually or collectively, may cast significanl doubt on the charitable company's ability lo
continue as a going concern for a period of at least Iwelve monlhs from when the financial statemenls are
aulhorised for issue.
Our responsibililies and the responsibilities of the trustees with respect to going concern are descrlbed in the
relevant sections of this report.
Olher Information
The other information comprises the inlormalion Included in the trustees annual report, other than the
financial stalemenls and our auditor's report thereon. The trustees are responsible for the other information
contained within the annual report. Our opinion on the financial statements does not cover the olher
inforfftation and, except to the extent othewse explicttly stated in our report, we do not express any form of
assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider
whether the other information is malerially inconsistent with the financial statements or our knowledge
obtained in Ihe course of the audit or othe￿iSe appears to be materially misstated. If we identify such
material inconsislencies or apparent material misstatements, we are required lo delermine whether Ihis
gives rise lo a material misstalement in Ihe financial statements Ihemselves. If, based on the work we have
performed, we conclude thal there is a malerial misstatement of this other informalion, we are required to
report that fact.
We have nothing to report in this regard.
14

Docusign Envelope ID: C6B989CF-E07F43F4-A2EF-7155FB117F2B
Independent Audilors, Report to the Members of The Half Moon Young People's Thealre Llmlled
Opinions on other matters prescribed by the Companles Act 2006
In our opinion, based on Ihe work undertaken in the course.of the audit..
the information given in the ITuslees' report (incorporating the directors, report) for the financial year for
which the financial stalements are prepared is consistent with the financial statements; and
- the directors, report has been prepared in accordance with applicable legal requiremenls.
Malters on which we are requlred to report by excep15on
In the light of our knowledge and understanding of the charitable company and Its environment oblained In
the course of the audit, we have not identified material misstatements in the directors, report.
We have nothing lo report In respect. of the following matters in relation to which the Companies Act 2006
requires us to report lo you if, in our opinion..
adequate accountlng records have nol been kept. or returns adequate for our audil have nol been received
from branches not visited by us. or
the financial slatemenls are not in agreement with the accounling records and returns., or
certain disclosures of directors, remuneration specified by law are not made; or
wa have not received all the information and explanations we require for our audit; or
the Irustees were nol entitled to prepare the financial statements in accordance with Ihe small companies,
regime and lake advantage of the small companies, exemptions in preparing the directors, report and from
the requirement to prepare a strategic report.
Re$pon8lbllllles of Iruslees
As explained more fully in the Irustees, responsibilities statement set out on pages 12 and 13, the trustees
(who are also the directors of the charitable company lor Ihe purposes of company law) are responsible for
the preparation ot the tinancial statements and lor being satisfied thal they give a true and lair view, and for
such intemal control as the trustees determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trus18es are responsible for assessing the charitable company's
abilily to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis ol accounting unless the trustees either intend to liquidate Ihe charitable company
or to cease operations. or have no realistic alternative bul to do so.
Audltor's regponslbllilies for Iho audlt of Ihe flnanclal statements
Our objectives are to obtain reasonable assurance aboul whether the financial slatements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee thai an audit
conducted in accordance with ISAS (UK) will always detect a material misstalemenl when il exists.
Misstatemenls can arise from fraud or error and are considered material rf, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on Ihe basis of these
financial statements.
15

Docusign Envelope ID: C68989CF-E07F43F4-A2EF-7155FB1'1 /r28
Independent Audltors, Report to the￿ernberS of The Half Moon Young People's Theatre Limited
Irregularities, including fraud, are inslances ' of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above, to delect material misslalemenls in respecl of
irregularities, including fraud. The extenl to which our procedures are capable of detecting irregularities.
including fraud is detailed below:
Our assessmenl focussed on key laws. and. regulations the charitable company has to comply with and
areas of the financial statemenls we assessed as being more susceptible to missiatemenl. These key laws
and regulalions included bul were not limited to compliance with Ihe .Companies Act 2006, Charilies Act
2011, taxation legislation, dala protection and employment legislation.
We are not responsible for preventing irregularities: Our approach to deiecting. irregularilies included, but
was not limited to, the following..
obtainlng an unclerstanding of Ihe legal and regulatory Iramowork applicable to the charitable company and
how the charitable company is complying wth Ihat Iramework, including agreemenl of tinancial statement
disclosures to underlying documentation and other evidence;
obtaining an understanding of Ihe charitable company's control environment and how the charitable
company has applied relevant control procedures, through discussions with Trustees and other
management and by performing walkthrough testing over key areas.
obtaining an understanding of the charitable company's risk assessment process, including the risk of
fraud;
reviewing meeting minutes of those charged with governance throughout the year., and
performing audll testing to address the risk of management override of controls, including lesting journal
entries and other adjustments for appropriateness, evalualing the business rationale of significant
transactions oulside the normal course of business and reiiiewing accounting estimates for bias.
Whilst considering how our audil work addresséd Ihe detection of irregularities, we also considered the
likelihood of detection based on our approach. Irregularities arising from fraud are inherently more difficult to
detect than Ihose arising from error.
Because of the inherent limitalions of an audit. Ihere is a risk Ihat we will nol detect all irregularltles,
including those leading to a material misslatemenl in the financial slalements or non-compliance wilh
regulalion. This risk increases Ihe more that compliance with a law or regulation is removed from the
events and transactions reflected in the financial stalemenls, as we will be less likely io become aware of
instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud ralher
than error, as fraud involves inlentional concealmenl. forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at: www.frc.org.ukJauditorsresponsibilities. This description forms part
ol our auditor's report.
16

Oocusign Envelope ID.. C6B989CF-E07F43F4-A2EF-715SFB117F28
Independent Audllors, Report lo Ihe Members of The Half Moon Young People's Theatre Limited
Use of our report
This report is made solely to the charitable companys members, as a body. in accordance with Chapter 3 of
Part 16 of the Companies Acl 2006. Our audit work has been undertaken so that we mighl stale to the
charitable cornpany's members Ihose mallers we are required lo slate to them in an auditor's report and for
no other purpose. To the fullest exlent permitted by law, we do not accepi or assume responsibilily to
anyone other than the charitable company and Ihe charitable company's members as a body, for our audit
work. for this report, or for the opinions we have formed.
Mr Graham Berry FCCA {Senior Stalulory Auditor)
For and on behalf of 8re¢kman & Company Ltd
Slatulory Auditor
Chartered Certified Accounlanls
49 South Molton Street
London W1 K 5LH
17 July 2025
17

DVcw￿n E￿￿trjpe ID.. C6B96gCF-E07F43F4•2EF-715SFB117F2B
The H811 Moon Young P•oplv's Th8Qtre Llmllod
(Llmlled by Qu•lant￿l
SlJt•m•nt of Flnanclal A￿1VIlle8 Iln¢ludlng In¢om• •nd Exp•ndllur• Account)
for tho y8*r gnded 31 March 202S
Unf•$I￿￿•d R••lrl¢led
lund•
lund•
2025
Tot•1
Unr•JJlrlcled
lundi
R••trlctod
lund•
2024
7ot•l
Not••
Incomo •nd •ndowment¥ from..
Donaiion5 a￿dI￿a¢103- paoe 19
Charitable aclivilies..
Produclionlcrealive L6arnino- page 19- 20
Inve8lmenls
Other
.290,403
290,403
287,001
287.001
249,611
2,457
41,551
246,194
495,805
2,457
41.551
274,020
2,%6
20,866
246,907
520,927
2,S66
20.866
584,022
246,194
830,218
584,453
246,907
831,360
Exp•ndiiur• on,.
Product￿￿Creal￿e Learnlng- paoo 21
Other
689,544
193,659
883,203
626,834
384
195,730
822,564
364
TotAI
. 689.544
193.6S9
883,203
627,198
195,730
822,928
N•t Income I l•xpendllur•l
Transl•rs betwèèn lunds
1105.5221
49.293
52,S35
149,2931
152,9871
142,7451
23.060
51,177
123,0601
28,117
8,432
15,18
Net movomvnt In lunds:
Reeonelllallon ol lunds..
Tolal lunds broughl forward
156.2291
3,242
152,9871
119.6851
8,432
423,525
115,387
538,912
443.210
87,270
530,480
Totsl lund• c•rrled forward
15, t6
367,296
118,629
465.925
423,525
115,387
538,912
Th• noles on page5 25 to 36 forrn an integral part ol these financial 8talements.
Th8 stsi•ment of fln8n¢lal aciwilièj in¢ludg$ all qaln$ aTh# losses r8¢ognised In th8 ygar. All Income and expen￿￿Ule dedves from continuiro aclivilias.
18

Docusign Envelope10.. C68989CF-E07F43F&A2EF-7155FB117F28
The Half Moon Young People's Theatre Limited
(Limiied by Guarantee)
Year ended 31 March 2025
2025
2024
Income from donatlons and legacles
Grants
Arts Council England
ACE- NPO
221,452
221 ,452
Chesterhill Charilable Trust
Gartield Weston Foundation
Henry Smilh Charity
London Borough of Tower Hamlets
1.000
1,000
25.000
35,900
25.000
32,709
61,900
58,709
283.352
280,161
Donallon8
Other
7.051
6,840
290,403
287,001
Income from charllable acllvllle8
Productlonlcreallve Leamlng in¢ome
In-house productions
Box office
Youth Theatre fees
Careers in Theatre fees
Co-production fees
Exchange for Change
Half Moon Presents
Digital louring l on-demand
Crealive Learning additional projects
LBTH - Education SLA
LBTH - Youth services SLA
Equipment I space hire
Other income
44.646
48,637
20,219
2,625
8,608
41,224
18,630
2,570
45,032
1,250
12,612
485
56,962
5,000
70,000
8,592
3,055
2.760
9.157
434
24.103
5,000
84.000
6,974
1.056
249,611
274,udts
19

Docusign En¥eiope IO,. C6B989CF-E07F43F4.A2EF-715SFBI 17F28
The Hall Moon Young People's Theatre Llmlted
.(Limlted by Guarantee)
2025
2024
Project speclllc funding
GrantslDonation$
Action for Bow
Backstage Trust
BBC Children in Need
Blackwall Fleach Trust
Canary Wharf Group
Charles S French Charitable Trust
City Bridge Trusl
Clarion Community Grant Award
CMS
Co-operatlve Local Charity
Compass Wellbeing
Coopers Company Charity
DAF 8enlley
Derek Shuttleworth Educational Trust
East End Community Foundation
Fitton Trust
Harold Hyam Wingate
Henry Smilh Charity
Investec
Jack PetGhey Foundation
John Thaw Foundation
King Charles111
M & G Prudential Foundation
NADFAS
National Lottery Community Fund
Newcomen Collell Foundalion
Ocean Regeneration Trust
Queen Mary University of London
Royal Victoria Hall Foundalion
Save The Children
St James Place Charitable Foundalion
Souter Charitable Trust
Steel Charitable Trusl
Tesco Community Fund
Tower Hamlets Eco Grant
Tower Hamlets Holiday Activities and Food (HAF)
Wheelwrighl's Charrty
4,957
10,000
16,335
10,000
2,436
3.567
2,333
2,000
61,332
77,668
5,000
2,000
2.421
500
25,195
2,000
3,000
9,667
300
5,000
18,350
5,000
4,200
1,000
2,500
2,800
3,000
300
41,827
1,896
3,000
35,387
1,000
3.300
39,036
3,225
8,767
2,000
9,210
10,000
3.000
11,005
10.000
3,000
6,667
2,500
6,997
2,194
1,055
246,194
246,907
20

Do￿Sign Envelope ID.. C6B989CF-E07F43F4-A2EF-715SFB117F2B
The Half Moon Young People's Thealre Limited
(Limited by Guarantee)
Year ended 31 March 2025
2025
2024
Expenditure on charilable aclivitles
Productlonlcreatlve Leamlng costs
Salaries
In-house production
Co-production
Exchange for Change
Venue programming
Crealive Learning programme
Youlh Theatre
397,081
73,253
372,705
37,208
40.328
20,321
40,726
138.901
64,211
14,800
48,431
127,364
69,485
730,414
714,400
Support cosls - page 22
Governance costs - page 22
142,139
10,650
100,164
8.000
883,203
822,564
21

Docuslgn Énvelope ID= C68989CF-E07F43F4-A2EF-7155F8117F28
The Half Moon. Young, People'.s'Theatre Limited
(Llmlled by Guarantee)
Year ended 31 March 2025
2025
2024
Support and govemance cosls
Support costs
Office overheads
Lighvheat
Water
Telephone
12,776
1,153
2,283
13,727
800
2,370
ki J
Insurance
Building maintenan
Equipment costs I maintenance
Website development I mainlenance
Cleaning
Depreciation
9,667
13,335
15,470
3.065 .
6,192
49,293
9.281
21,197
14,960
3.134
2.677
23.060
113,234
91,206
Admlnlslratlon ¢0S18
Fees
Slaff training
Travelltransport
Entertaining
789
5,619
1,430
1,087
2,138
1,377
7,228
733
k-l I
Prinlinglpostagelslationery
Marketing l audience development
Subscriptionsllicences
Access I board development
Sundries
1,112
5,905
2,408
493
5,972
1,108
4,696
2,654
706
1,869
24.815
22.509
Professlonallflnancial
Bank charges
Box office lees
2,246
1,844.
2.030
1.496
4,090
3.526
Surplus on disposal of tangible fixed assets
117,077)
142,139
100.164
Governance co819
Accounlancylconsultancy
Audit
650
10,000
500
7.500
10,650
8.000
152,789
108,164
22

Doeusign Envelope ID: C68989CF-E07F43F4-A2EF-7155F8117F28
The Half Moon Young People's Theatre Llmlted
(Limiled by Guarantee)
Balan¢e Sheet
31 March 2025
2025
2024
Notss
Flxed assets
Tangible assets
10
457.964
376,096
Current a88et8
Debtors
Cash at bank and in hand
11
67,279
51,199
135,293
99,309
118,478
234,602
Llabillies
Creditors.. amounls falling
due wilhin one year
12
(90,517)
(71,7861
Nel current assets
27,961
162,816
Toial assets less current
485.925
538,912
The funds of Ihe charlty
Unresiricled funds
General fund
Designaied funds
15
2.296
365,000
3,525
420,000
367,296
423,525
Restricted funds
16
118.629
115,387
Toial charlly fundg
485.925
538,912
These accounts are prepared in accordance with the special provisions of Part 15 of Ihe Companies Act
relating to small companies and constitute Ihe annual accounts required by the Companies Act 2006 and
are for circulation lo members of the company.
The accounts were approved by the Board of Truslees on 17 July 2025 and signed on its behalf by
Benjamin Jones {Chalr)
Trustee
The notes on pages 25 to 36 form an inlegral part ot these financial sldltsinents.
23

Docusign Envelope ID.. C6B989CF'E07F43F4-A2EF-7155F811'7tr28
The Half Moon Young People's Thealre Llmited
(Llmlled by Guarantee)
.Cash Flow Stalement
for the year ended 31 March 2025
2025
2024
Notes
Cash flows Irom operallng aciivllle8
21
80,594
174,490)
Cash Ilows from investlng acllvltles:
Dividends, interest and renls from investments
Purchase of propgty, plant and equipment
2,457
(131,161)
(128,704)
2,566
Net cash provlded by Investment a¢iivltle8
2,566
Repayments of borrowing
Nei cash provlded by flnanclng acllvllles
188,8791
188,879)
Change in cash al bank and in hand in the reporting period
Cash al bank and in hand at the beginning of the reporting
period
(48,110)
(160,803)
99,309
260.112
Cash al bank and In hand at th• end ol Ihe reportlng
period
51,199
99,309
24

Docusign Envehjpe ID.. C68989CF-E07F43F4-A2EF-7155F8117F2B
The Half Moon Young People's Theatre Limited
(Limited by Guaranlee)
Notes to the Financlal Stalemenls
for Ihe year ended 31 March 2025
Accounting policies
1.1. Basls of preparing Ihe financlal slalements
The financial stalemenls have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Praclice {issued in Oclober 2019) applicable to charities
preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK
and Republic of Ireland IFRS 1021 (effective 1 January 20191 (Charities SORP IFRS 102)}, and the
Companies Act 2006.
The charity meets the deflnition of a public benefit entity under FRS 102. Assets and liabilities are
initlally recognised at historical cosl or transaction value unless otherwise stated in the relevant
accounling policy nole(sl.
1.2. Debtors
Trade and other debtors are rgcognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts
due.
1.3. Cash al bank and In hand
Cash at bank and In hand includes cash and sl)ort term highly liquid investments with a short maturity
of three monlhs or less from the date of acquisition or opening of the deposit or similar account.
1.4. Credllors and provlslons
Creditors and provisions are recognised where the charily has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due to settle
the obligation can be measured or estimated reliably. Credilors and provisions are normally
recognised at their settlement amount after allowing for any irade discounts due.
25

Docusign Envelope ID.. C6B989CF-E07F43F4.A2EF-7155FB117F2B
The Hall Moon Young People's Theatre Limiled
{Llmlted by Guarantee)
Noies io ihe Financial Stalements
for the year ended 31 March 2025
1.5. Incomlng resources
All incoming resources are included in the Slatement of Financial Activities when..
the charty is legally enlitled to the funds
any performance conditions attached to the income have been met or are fully within the control ot
the charity
there Is sufficient certainty that receipt ot the income is considered probable
- the amount can be reliably measured
Donatlons and legacles
Granlsldonalions are recognised In incoming resources in the year in which they are receivable,
except as follows..
when donors specify that grantsldonations given lo the charlty must be used in luture accounting
periods, the income is deferred until Ihose periods
when donors impose conditions which have lo be fulfilled before the charity becomes entitled lo use
such income, the income is deferred and not included in incoming resources until the preconditions
for use are met.
Char5table aclivllies
Production I Creative Learning income - income from l)ox office, performance fees and sundry other
theatrical income is included in incoming resources in Ihe period in which the relevant show lakes
place.
Project specific funding when donors specify that donalions and grants are for particular restricted
purposes, which do nol amount lo pre-condilions regarding entitlement, this income is included in
incoming resources of resiriGled funds when receivable.
Donated servlces and facllllles
Donated services or facilities are recognised as income when the charity has control over the itern,
any conditions associate¢J wilh the donaled item have been mel, the receipt of economic benefit from
the use by the charity of the item is probable and that economic benelil can be measured reliably. On
receipt, donaled services and facilitias are recognised on Ihe basis of Ihe value of the gift lo Ihe
charity which is the amount the charity would have been willing io pay to oblain services or facilities of
equivalenl economic benefit on the open marl(et', a corresponding amount is then recognised in
expenditure in Ihe period of receipt.
Investment Income
Inlerest on funds held on deposit is included when receivable and the amount can be measured
reliably by Ihe charity., Ihis is normally upon notification of the interesi paid or payable by the Bank.
26

DorJJsign En¥dope ID.. C6e989CF-E07F43F4-A2EF-7155FB117F28
The Half Moon Young People's Theatre Llmlled
(Limlled by Guaranlee)
Noles to Ihe Flnancial siatemenls
for the year ended 31 March 2025
1.6. Expendilure
All expenditure is included on an accruals basis inclusive of any VAT which cannot be recovered and
is recognised when..
there is a legal or constructive obligation lo make a payment
It is probable that settlement will be required
Ihe amount of the obligation can be measured reliably
Charitable acllvities
Produclion I CreatlV8 Learnlng costs
programmes in Ihe year.
costs incurred in theaire production and particpalory
- Support cost8
The administrative and overhead costs associated wilh running the office Irom which the company
operates as well as governance costs. Support costs are wholly attributable to theatre produclion
costs.
- Governance ¢osl8
Costs associated with the constitutional and statutory requirements of Ihe charity.
1.7. Tangible flxed assets and depreclatlon
Individual fixed assets cosling £2,500 or more are capitalised al cost.
Depreciation is provided at annual rates calculated to write off the cost less residual value of each
asset over its expected useful life. as follovts:
Freehold landlbuildings
The company's policy is to maintain its property to a high standard
Ihrough a continual programme of refurbishment and maintenance.
In accordance wlh Ihls practlce depreciation is not provlded on
freehold properties where, in the opinion of thè directors, the
residual values (in terms of original costl are such that any
depreciation charge would be Immaterial. Expenditure on
refurbishment and maintenance is written off in the period il is
expended.
Freehold improvements
Fixlur8slfittingslequipmeni
200/0 slraight line
250/0 Straight line
1.8. Penslons
The company operates a defined conlribulion scheme for the beneflt of its employees. Contributions
payable are recognised as expenditUTe when due.
27

Docusign Envelope ID.. C68989CF-E07F-43F442EF'_7155FBI 17F28
The. Half Moon Young People's Thealre Limited
.(Limlted by Guaranteo)
Notes to ,the Financial Slatemenls
lor the year ended 31 March 2025
1.9. Fund accounting
Funds held by the charity are eilher..
Unrestricled general funds - Ihese are funds which can be used In accordance with the charitable
objects at the discretion of Ihe trustees.
Designated funds - these are unrestricted funds of Ihe charity which Ihe trustees have decided at
their discretion lo set aside to use for a specific purpos8.
Restricted funds these are funds Ihat can only be used for particular reslricted purposes within the
objecls of the charity. Restriclions arise when specified by the donor or when funds are raised for
particular restricted purposes.
Further explanation of Ihe nature and purpose of each fund is included in Ihe notes lo the financlal
statements.
1.10. Financlal Instruments
The charity only has financial assets and financial liabilities of a kind thai qualily as basic financial
inslrumenls. Basic financial instruments are initially recognised at Iransaclion value, and
subsequently measured at their settlemenl value (with the exceplion of bank loans which are
subsequently measured at amortised cost using the etlective interest method).
1.11. Signlflcanl Accountlng Eslimales and Judgements
In determining the carrwng amounts of certain assets and liabilities, the charity makes assumptions of
Ihe effects of uncertain future events on those assets and liabilities at the balance sheet date. The
charitvs eslimates and assumptions are based on historical experience and expectalion of future
events and are reviewed annually.
Incomlng resource3
The lotal incoming resources for the year have bean derived Irom the principal activity undertaken
wholly in the UK.
Other Income (TTR)
2025
2024
Theatre Tax Relief (TTR)
41,551
20,866
Interest payable
2025
2024
On loansloverdrafts
364
28

Oocusign Envelope ID.. C68989CF-E07F43F4-A2EF-71 SSF8117F28
The Half Moon Young People's Theatre Limited
.(Limited by Guarantee)
Notes to the Flnanclal siaiernents
for Ihe year'ended 31 March 2025
Net In¢omel(expendilure) for the year is
8tated after charglng:
2025
2024
Oepreciation of tangible fixed assets
Bank inleresi payable
49,293
23.060
364
Auditors. remuneration
exlernal audit
olher services
10,000
650
7.500
500
and after crediting..
Profit on disposal of tangible fixed assets
17,077
Trustees, emolumenis and reimbursed expenses
The irusiees recelved no femuneration durlng the year12024 - £nill.
The aggregaled amount reimljjrsed to trustees during the year was £nil (2024 - £nill.
siaff cog18 and numbers
2025
2024
Staff costs
Salaries and wages
Social security costs
Pension costs
356,593
32.506
7,982
335,397
29,850
7,458
397,081
372,705
One employee earned £60,000 or more during the year (2024 - Iwo).
The key management personnel of the charity comprise the Trustees arKI the Senior Managemenl
Tearn. The total employee benefils of the key managemeni personnel of the charity Were £143,872
12024.. £130,432).
Slaff numbers
The average numbers of employees (including casual and part lime slaffl durlng the y8ar was made
ijp as follows..
2025
Number
2024
Number
Productionlcreative Learning
10
10

Doojsign Envelope ID.. C68989CF-E07F43F4A2EF-71 S5F8117F2B
The Half Moon Young People's Theatre Llmited
(Limited by Guarantee)
Notes to the Flnanclal Slatemen18
for the year ended 31 March 2025
Pension costs
The company operates a defined contribution pension scheme in respect of its employees. The
scheme arKI its assets are held by independent managers. The pension charge represenls
contributions due from the company and amounted to £7,982 {2024 - £7,458).
Corporalion laxallon
The charity is exempi from tax on income and gains falling wilhin section 505 of Ihe Taxes Act 1988
or section 252 of the Taxation of Chargeable Gains Act 1992 to the exlent that Ihese are applied to its
charitable objects.
10. Flxed 889ei8 - tanglble a88et8
Freehold
landl
bulldings
Flxturnsl
flttingsl
equipment
Toial
Cost
1 April 2024
Additions
Disposals
432,853
131,,161
{7,179)
25,956
458,809
131.161
17,663)
(484)
31 March 2025
556,835
25,472
582,307
Depreciation
1 April 2024
On disposals
Charge for year
66,283
{7,179)
42,802
16,430
(484)
6,491
82,713
17,663)
49,293
31 March 2025
101,906
22,437
124,343
Net book values
31 March 2025
454,929
3,035
457.964
31 March 2024
366,570
9,526
376,096
As part of Ihe purchase contract with Tower Hamlets, if the freehold property is sold within 10
years of purchase. 100010 of the surplus on sale, less any inveslment made in the property, is
payable lo Tower Hamlets. Thereafter for 70 years 50Q/• of the surplus is payable. The Freehold
was purchased on 16 February 2008.
30

Docusign Envelope ID.. C6B989CF-E07F43F4-A2EF-7155F8117F2B
The Hall Moon Young People's Thealre Llmiled
(Limited by Guarantee)
Noles to Ihe Flnanclal Stalements
for the year ended 31 March 2025
11. Debtors
2025
2024
Trade debtors
Other debtors
Prepaymentslaccrued income
5,920
68,814
17,077
49,402
61,359
67,279
135,293
12. Credilor8: amount8 falllng due
wllhln onè year
2025
2024
Trade creditors
Other taxalionlsocial security
Other creditors
Accruals
Deferred income (nole 131
11,444
18,568
4,491
21,017
34.997
17,867
424
8,000
45,495
90,517
71,786
13. D•forred In¢om•
Balance at 1 April 2024
45,495
Amounl released to incoming resources
Amount deferred in the year
(45,495)
34,997
Balance at 31 March 2025
34,997
Oeferred income relates to grant, fee and box off ice incorne received in advance.
14. Llmlted by guarantee
The private limiled company is limited by guaranlee, registered in EW - England and Wales, and does
nol have a share capital. Each member gives a guarantee to contribLrte a sum, not exceeding £1, to
the company should it be wound up. At 31 March 2025 Ihere were 10 members.
31

Oocuslgn Envelope ID.. C6B989CF-E07F43F4-A2EF-7155FB117F28
The Half Moon Young People's T.heatre Limited
(Llmited by Guarantee)
Notes to the Financial Statements
for Ihe year ended 31 March 2025
15. Unrestrlcted fund8
Brought
forward
Incomlng
resources
Outgoing
resources
Transfers
Carried
lo￿ard
General fund
Designaled funds..
Capital fund
Operatlonal reserve
3,525
584.022
1689,544}
104.293
2,296
350,000
70,000
350,000
15,000
155,0001
423,525
584,022
1689,544)
49,293
367,296
Capital fund
This has been set aside as an equilisalion of the value of Ihe freehold propety.
Operallonal reserve
Monies set aside to support Ihe company in the case of unexpected changes in funding and to meet
unplanned expenditure and capital expenditure.
32

Docvsign Envelope ID.. C6B989CF-E07F43F4-A2EF-7155FB117F2B
The Half Moon Young People's Theatre Limited
(Limited by Guaraniee)
Noteg to the Financlal Statements
for the year ended 31 March 2025
16. Restrlcted funds
Brought
forward
Incoming
resources
Outgolng
resources
Transfers
Carried
fornard
Fixed assets
Youth Theatre
Speech Bubbles
Careers in Thealre
HAF
ASCS
Crealive PlaylJourney
Together
Performance Works
Summer School
Other
112.043
61.332
60,036
14,000
10,000
2,194
34,511
19,804
<7.839)
(60,036)
(14.000)
{10,000)
{2,194)
(34,511)
(19,804)
149,293)
116.243
5,555
(5,555)
3,344
38,762
{39,7201
2,386
115,387
246,194
1193,6591
149,293)
118,629
Flxed a888ts
This fund represents amounts received from various capilal grants specifically for Ihe purchase of
fixed assets. The funds are transferred to the general fund over the expected useful life ol Ihe assets.
The balance at 31 March 2025 is anributable to..
Freehold land and bulldings
Fixtureslfittingslequipment
Future capital expenditure
104,929
3,035
8,279
116,243
Youth The8lre
Grants towards Ihe costs ol the youlh theaire programme.
Speech Bubbles
Grants towards the costs ot the programme to support children with speech. language and
communicatlon issues.
Careers In Theatre
Qiants toward3 tho programme to give. Ip.pnagers hands-on 8xperlence of the careers available in the
arts.
33

Docusign Envelope10.' C68989CF-E07F43F4-A2EF-71 SSF8117F2a
'The Half Moon Young.People's Theatre Llm5ted
'(Limlted by Guarantee)
NOles:to Ihe Financial Staiements
for Ihe year ended 31 March 2025
HAF
Grant to provide summer holiday activilies, including free hot meals.
ASCS
Grants towards the costs of Ihe after-school drama group programme.
Creallve PlaylJoumey Together
Granls towards the programme for pre-school children and their families.
Performance Works Summer School.
Grants towards the summer school for young people with physical, sensory andlor cognitive
disabilities.
Other
Grants towards the delivery of specific small-scale'projects.
R•strlcted lunds note lor the year ended 31 March 2024..
Brought
lO￿ard
Incomlng
resources
Outgolng
sources
Transfers
Carried
forward
Fixed assets
Youth Theatre
Artistic Programme
Speech Bubbles
Careers in Theatre
HAF
ASCS
Creative PlaylJourney
Together
Perlormance
Summer School
Trainees
Olher
57,435
77,668
56,508
2,000
3,5QO
10,000
3,563
72,465
6,810
123,0601
112,043
(56,5081
(2,0001
(3,500)
(10,000)
(3,563>
(72,465>
(6,8101
Works
7,040
{7,040)
7,327
15.468
996
13,397
(8,323)
(25,521 }
3,344
87,270
246,907
(195,7301
123,060)
115,387
34

Oocusign Envelope ID.. C68989CF-E07F43F4-A2EF-7155FB117F28
The Hall Moon Young People's Theatre Limlted
(Llmlted by Guarantee)
Notes to the Financlal siaiements
for the year ended 31 March 2025
17. Analysis of net asseis belween funds
General
funds
Designated
lunds
Restrlcled
funds
Total
Fund balances at 31 March 2025
are represented by..
Tangible fixed assets
Nel currenl assets
350,000
15,000
107,964
10,665
457,964
27,961
2.296
2,296
365,000
118,629
485,925
18. Financlal commllments
Al 31 March 2025 the company had total commitments under non-cancellable operating leases as
follows:
2025
2024
Due..
Within one year
Between one and five years
5,888
11,776
5,888
17,664
17,664
23,552
Relaied party Iransaciions
Trustees made a total of £1,09612024'. £2.200) donations during the year.
Analysis of changes In nei funds
Opening
balance
Cash
flows
Closlng
balance
Cash at bank and in hand
99.309
148.110)
51,199
Net funds
99,309
(48,110)
51,199
35

Docuslgn Envelope ID.. C6B989CF.E07F43F4-A2EF-7155F8117F2B
The Half Moon Young People'g Theatre Llmlted
' (Limited by Guarantee)
Notes lo the Financlal Slalement8
for the year ended 31 March 2025
21. Reconciliaiion of nei Incomèl(expendlture) 10 net cashllow from operating actlvlties
2025
2024
Net incomel(expenditurel for the
reporting period las per the
statement of financial aclivities)
Deprecialion
Dividends, interest and renls from investments
(Surplus) on the disposal of fixed assets
Decreasel(increase) in debtors
Increaselldecrease) in creditors
(52,987)
8.432
49,293
{2,457)
23.060
(2,5661
117,077)
(74,398)
(11.941)
68.014
18,731
Net cash inflow frorn operallng actlvities
80,594
(74,4901
36