**REGISTERED COMPANY NUMBER: 2801491 (England and Wales) REGISTERED CHARITY NUMBER: 1019185**
## **Report of the Trustees and**
## **Unaudited Financial Statements**
**for the Year Ended 5 April 2025**
## **for**
## **Scarborough Theatre Development Trust**
Ashby Berry Coulsons Ltd 2 Belgrave Crescent Scarborough North Yorkshire YO11 1UB
## **Scarborough Theatre Development Trust**
**Contents of the Financial Statements for the Year Ended 5 April 2025**
**Page Reference and Administrative Details Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities** 17
## **Scarborough Theatre Development Trust**
**Reference and Administrative Details for the Year Ended 5 April 2025**
|**Trustees**|R S Lumby Chair|R S Lumby Chair|
|---|---|---|
||Lady H E Ayckbourn||
||C N Groom||
||S L McCarthy||
||P Heselton||
||N Taylor||
|**Company secretary**|P Heselton||
|**Registered office**|The Nabs||
||Scalby Nabs||
||Scalby||
||Scarborough||
||North Yorkshire||
||YO13 0SL||
|**Registered company number**|2801491|(England and Wales)|
|**Registered charity number**|1019185||
|**Independent examiner**|Ashby Berry Coulsons Ltd||
||2 Belgrave Crescent||
||Scarborough||
||North Yorkshire||
||YO11 1UB||
|**Bankers**|HSBC Bank Plc||
||33 St.Nicholas Street||
||Scarborough||
||North Yorkshire||
||YO11 2HN||
Page 1
## **Scarborough Theatre Development Trust**
## **Report of the Trustees for the Year Ended 5 April 2025**
The trustees who are also directors 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 5 April 2025. 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 1 January 2019).
This report includes the directors' report required by company law.
## **Objectives and activities**
The charity was established to manage the property known as the Stephen Joseph Theatre and connected properties and to promote, maintain, improve and advance education by supporting such of the purposes of Scarborough Theatre Trust Limited in such a manner as the trustees think fit.
These objects are achieved through
a) managing and maintaining the theatre premises and connected properties
b) distributing surplus funds by way of grants to the Scarborough Theatre Trust.
The trustees have had regard to the Charity Commission's guidance on public benefit when reviewing the Trust's aims and objectives, and in setting the grant making policy for the year. By providing grants, indirectly, they are encouraging and promoting the appreciation of the arts, by the provision of facilities for the education and recreation of the public in the fields of art, music and drama.
## **Achievements and performance**
The three businesses who are tenants of the Scarborough Theatre Development Trust had a stable year and paid rents in full and on time.
During the year the Trust made significant contributions of nearly £250,000 towards major premises refurbishment work related to the replacement of heating and ventilation systems on the Theatre roof.
The directors continue to adopt a policy on donations designed to maintain and enhance reserves where possible.
The development Trust continued to make annual payments of £10k towards repayment of the loan from The Stephen Joseph Theatre
## **Financial review**
The Statement of Financial Activities shows a surplus for the year on unrestricted funds of £31,329 (2024: deficit of £22,087).
As disclosed in Notes 14 and 15, a balance of £152,116 is outstanding on the loan from Scarborough Theatre Trust for the earlier Outreach Hub project, of which £142,520, is repayable after more than one year. The trustees consider that the reserves plus annual rental income receivable by the charity will be sufficient to meet the loan repayments as they fall due.
The charity's total reserves at 5 April 2025 amounted to £1,122,235 of which £838,982 related to restricted funds supporting fixed assets. Liquid unrestricted reserves (net current assets) at 5 April 2025 totalled £50,552 (2024: £265,424).
Page 2
## **Scarborough Theatre Development Trust**
## **Report of the Trustees for the Year Ended 5 April 2025**
## **Structure, governance and management**
Scarborough Theatre Development Trust is a registered charity which was incorporated on 15 March 1993 as a company limited by guarantee. It is governed by its Memorandum and Articles of Association and overseen by its trustees, who are also the directors of the charity for the purposes of the Companies Act. Trustees are appointed in accordance with the Memorandum and Articles of Association and the board has a policy in place for the recruitment, induction and training of new members. Decisions are made by the trustees at their board meetings. The trustees consider the major risks to which the charity is exposed as being the normal commercial risks involved with renting property. They are satisfied that there are no special procedures required to meet these risks.
## **Statement of compliance with prevailing laws and regulations**
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and 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) issued in October 2019.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. R S Lumby - Trustee
Page 3
## **Independent Examiner's Report to the Trustees of Scarborough Theatre Development Trust**
## **Independent examiner's report to the trustees of Scarborough Theatre Development Trust ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 5 April 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Anna Wiffen FCCA
Ashby Berry Coulsons Ltd 2 Belgrave Crescent Scarborough North Yorkshire YO11 1UB
Date: .............................................
Page 4
## **Scarborough Theatre Development Trust**
## **Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 5 April 2025**
|Notes
**Income and endowments from**
Donations and legacies
2
**Charitable activities**
4
Charitable activities
Investment income
3
**Total**
**Expenditure on**
**Charitable activities**
5
Charitable activities
**NET INCOME/(EXPENDITURE)**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|Unrestricted
fund
£
**-**
**44,100**
**780**
**44,880**
**13,551 **
**31,329**
**251,924**
**283,253**|
Restricted
fund
£
**443,918**
**-**
**-**
**443,918**
**26,781 **
**417,137**
**421,845**
**838,982 **|**2025**
**Total**
**funds**
**£**
**443,918**
**44,100**
**780**
**488,798**
**40,332 **
**448,466**
**673,769**
**1,122,235**|2024
Total
funds
£
-
44,550
703
45,253
97,566
(52,313)
726,082
673,769|
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
## **Scarborough Theatre Development Trust (Registered number: 2801491)**
|**Balance Sheet**
**5 April 2025**
Notes
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors: amounts falling due within one
year
13
Cash at bank
**Creditors**
Amounts falling due within one year
14
**Net current assets**
**Total assets less current liabilities**
**Creditors**
Amounts falling due after more than one
year
15
**NET ASSETS**
**Funds**
19
Unrestricted funds
Restricted funds
**Total funds**|**2025**
**£**
**1,214,203**
**24,493**
**73,465**
**97,958**
**(47,406)**
**50,552 **
**1,264,755**
**(142,520)**
**1,122,235**
**283,253**
**838,982 **
**1,122,235**|2024
£
560,485
3,110
277,751
280,861
(15,437)
265,424
825,909
(152,140)
673,769
251,924
421,845
673,769|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
## **Scarborough Theatre Development Trust (Registered number: 2801491)**
## **Balance Sheet - continued 5 April 2025**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. R S Lumby - Trustee
The notes form part of these financial statements
Page 7
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements for the Year Ended 5 April 2025**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
Scarborough Theatre Development Trust is a charitable company limited by guarantee in England / Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity **.** The address of the registered office is given in the charity information on page 1 of these financial statements. The charity's operations and principal activities are the management of the property known as the Stephen Joseph Theatre and connected properties, and the distribution of surplus funds by way of grants to the Scarborough Theatre Trust.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) issued in October 2019, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **Judgements and key sources of estimation uncertainty**
The trustees consider that no judgements, apart from those involving estimates, have been made in the process of applying the above accounting policies which have had a significant effect on amounts recognised in the financial statements.
The trustees consider that no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date have been made which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
## **Funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **Income**
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised at fair value when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred.
continued...
Page 8
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **1. Accounting policies - continued**
## **Income**
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.
Income received in advance of the provision of specified services is deferred until the criteria for income recognition are met.
## **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities.
Expenditure on charitable activities includes the costs of activities undertaken to further the purposes of the charity and their associated support costs.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include administrative and governance costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives, as follows:
Purchase of Leasehold Properties Straight line over the life of the lease Improvements to Leasehold Properties Straight line over 25 years Plant and Machinery 20% Reducing balance
## **Debtors and creditors**
Debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **Concessionary loans**
continued...
Page 9
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **1. Accounting policies - continued**
## **Debtors and creditors**
In accordance with Section 34 PBE of FRS 102, loans not at market rates are initially measured at the amount received. In subsequent years, the outstanding balance is adjusted to reflect any accrued interest payable.
## **Provisions**
Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.
## **Leases**
Rentals payable and receivable under operating leases are charged to the SoFA on a straight line basis over the period of the lease.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. In their view the budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **2. Donations and legacies**
|Grants - Scarborough Borough Council
Grants- other|**2025**
**£**
**393,918**
**50,000**
**443,918**|2024
£
-
-
-|
|---|---|---|
All of the above income was attributable to restricted funds.
## **3. Investment income**
|**Investment income**|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Interest received|**780**|703|
All the above income for the current and preceding year was attributable to unrestricted funds.
continued...
Page 10
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **4. Income from charitable activities**
|Activity
Charitable activities
Rental income from
Scarborough Theatre Trust
Other rental income
Charitable activities|**2025**
**£**
**27,500**
**16,600**
**44,100**|2024
£
27,500
17,050|
|---|---|---|
|||44,550|
All the above income for the current and preceding year was attributable to unrestricted funds.
## **5. Charitable activities costs**
|Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
6)
note 7)
£
£
£
Charitable activities
**38,556**
**-**
**1,776**
**Comparatives for charitable activities costs**
Core activities
41,533
54,114
1,919|Totals
£
**40,332 **
97,566|
|---|---|
£26,781 (2024: £30,226) of the above costs were attributable to restricted funds and £13,551 (2024: £67,340) of the above costs were attributable to unrestricted funds.
## **6. Grants payable**
Charitable activities
|**2025**||2024|
|---|---|---|
|**£**||£|
||**-**|54,114|
Grants totalling £Nil were paid to the Stephen Joseph Theatre during the year (2024: £54,114).
There were no unmet conditions relating to these grants at the year end.
continued...
Page 11
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
|**7.**|**Support costs**|||
|---|---|---|---|
||||Governance|
||||costs|
||||£|
||Charitable activities|||
||||**1,776**|
||Support costs, included in the above, are as follows:|||
||**Governance costs**|||
|||**2025**|2024|
|||Charitable|Total|
|||activities|activities|
|||**£**|£|
||Independent examiner's remuneration|**1,420**|**1,575**|
||Trustees' liability insurance|**356**|**344**|
|||**1,776**|**1,919**|
||**Independent examiner's remuneration**|||
|||**2025**|2024|
|||**£**|**£**|
||Independent examination and accounts preparation|
**1,420**|1,575|
|**8.**|**Net income/(expenditure)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||**2025**|2024|
|||**£**|£|
||Independent examination|**1,420**|1,575|
||Depreciation - owned assets|**36,051**|39,716|
||Payments under operating leases|**780**|780|
||Loan interest payable|**404 **|428|
|**9.**|**Trustees' remuneration and benefits**|||
No remuneration was paid to any of the trustees (2024- £Nil).
## **Trustees' expenses**
No trustee had any expenses reimbursed (2024 - £Nil).
continued...
Page 12
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
|**10.**
**Comparatives for the statement of financial activities**
**Income and endowments from**
**Charitable activities**
Charitable activities
Investment income
**Total**
**Expenditure on**
**Charitable activities**
Charitable activities
**NET INCOME/(EXPENDITURE)**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**11.**
**Tangible fixed assets**
**Cost**
At 6 April 2024
Additions
At 5 April 2025
**Depreciation**
At 6 April 2024
Charge for year
At 5 April 2025
**Net book value**
At 5 April 2025
At 5 April 2024|
Unrestricted
Restricted
fund
fund
£
£
44,550
-
703
-
45,253
-
67,340
30,226
(22,087)
(30,226)
274,011
452,071
251,924
421,845
Long
Plant and
leasehold
machinery
£
£
**693,049**
**316,275**
**689,769**
**-**
**1,382,818**
**316,275**
**205,864**
**242,975**
**21,390**
**14,661**
**227,254 **
**257,636**
**1,155,564 **
**58,639**
487,185
73,300|
Total
funds
£
44,550
703
45,253
97,566
(52,313)
726,082
673,769
Totals
£
**1,009,324**
**689,769**
**1,699,093**
**448,839**
**36,051**
**484,890**
**1,214,203**
560,485|
|---|---|---|
continued...
Page 13
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
|**12.**
**Debtors: amounts falling due within one year**
Trade debtors
VAT
Prepayments
**13.**
**Creditors: amounts falling due after more than one year**
Other loans (see note 15)
VAT
Accruals and deferred income
Accrued expenses
**14.**
**Creditors: amounts falling due after more than one year**
Other loans (see note 15)
|**2025**
2024
**£**
£
**2,750**
2,750
**21,380**
-
**363**
360
**24,493**
3,110
**2025**
2024
**£**
£
**9,596**
9,572
**-**
1,265
**3,025**
3,025
**34,785**
1,575
**47,406**
15,437
**2025**
2024
**£**
£
**142,520**
152,140|
|---|---|
A loan of £228,191 was received from Scarborough Theatre Trust Limited under a loan agreement for a maximum of £240,000. The loan was renegotiated from 26 June 2017 to be repaid after 25 years with a 0.25% interest rate.
## **15. Concessionary loans**
An analysis of the maturity of concessionary loans is given below:
|Amounts falling due within one year on demand:
Concessionary loans
Amounts falling between one and two years:
Concessionary loans - 1-2 years
Amounts falling due between two and five years:
Concessionary loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Concessionary loans - more than 5 years|**2025**
**£**
**9,596**
**9,596**
**28,788**
**104,136**|2024
£
9,572
9,572
28,716
113,852|
|---|---|---|
continued...
Page 14
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **16. Leasing agreements**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years
In more than five years|**2025**
**£**
**780**
**3,120**
**46,605**
**50,505**|2024
£
780
3,120
47,385|
|---|---|---|
|||51,285|
## Operating leases - lessor
Total future minimum lease payments receivable under non-cancellable operating leases are as follows:
|Within one year
Between one and five years
In more than five years
**Analysis of net assets between funds**
Unrestricted
fund
£
Fixed assets
**375,221**
Current assets
**97,958**
Current liabilities
**(47,406)**
Long term liabilities
**(142,520) **
**283,253**
Comparatives for analysis of net assets between funds
Unrestricted
fund
£
Fixed Assets
138,640
Current Assets
280,861
Current Liabilities
(15,437)
Long term liabilities
(152,140)
251,924||Restricted
fund
£
**838,982**
**-**
**-**
**-**
**838,982 **
Restricted
fund
£
421,845
-
-
-
421,845|
|**2025**
**£**
**35,000**
**125,600**
**1,0037,50 **
**1,172,850**
**2025**
Total
funds
**£**
**1,214,203**
**97,958**
**(47,406)**
**(142,520) **
**1,122,235**
2024
Total
funds
£
560,485
280,861
(15,437)
(152,140)
673,769||2024
£
43,500
133,100
1,031,250
1,207,850
2024
Total
funds
£
560,485
280,861
(15,437)
(152,140)
673,769|
|---|---|---|---|---|---|---|
||||||||
||
||||||
||||||||
## **17. Analysis of net assets between funds**
Comparatives for analysis of net assets between funds
continued...
Page 15
## **Scarborough Theatre Development Trust**
## **Notes to the Financial Statements - continued for the Year Ended 5 April 2025**
## **18. Movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
2018 development project
Leasehold purchase|**At 6 April**
**2024**
**Incoming**
**Resources**
**£**
**£**
251,924 488,798|**At 6 April**
**2024**
**Incoming**
**Resources**
**£**
**£**
251,924 488,798|**Resources**
**expended**
**£**
(13,551
(24,583)
(2,198)
(26,781)|**At 5 April**
**2025**
**£**
)
727,171
252,015
143,049
395,064|
|---|---|---|---|---|
||276,598
145,247
421,845|
-
-
-|||
Comparatives for movements in funds
|**Unrestricted funds**
General fund
**Restricted funds**
2018 development project
Leasehold purchase|**At 6 April**
**2023**
**Incoming**
**Resources**
**£**
**£**
274,011
45,253|**At 6 April**
**2023**
**Incoming**
**Resources**
**£**
**£**
274,011
45,253|**Resources**
**expended**
**£**
(67,340)
(28,028)
(2,198)
(30,226)|**At 5 April**
**2024**
**£**
251,924
276,598
145,247
421,845|
|---|---|---|---|---|
||304,626
147,445
452,071|
-
-
-|||
## **19. Related party disclosures**
Mr R S Lumby was a director of Scarborough Theatre Trust Limited throughout the year and subsequently resigned on 1 September 2025.
Page 16
## **Scarborough Theatre Development Trust**
|**Detailed Statement of Financial Activities**
**for the Year Ended 5 April 2025**
**Income and endowments**
**Donations and legacies**
Grants - Scarborough Borough Council
Grants- other
**Investment income**
Interest received
**Charitable activities**
Rental income from Scarborough Theatre
Trust
Other rental income
**Total incoming resources**
**Expenditure**
**Charitable activities**
Rent payable
Repairs and renewals
Other office expenses
Bookkeeping support
Depreciation of tangible fixed assets
Loan interest paid
Grants to Scarborough Theatre Trust
**Support costs**
**Governance costs**
Independent examiner's remuneration
Trustees' liability insurance
Total resources expended
**Net income/(expenditure)**|2025
£
**393,918**
**50,000**
**443,918**
**780**
**27,500**
**16,600**
**44,100**
**488,798**
**780**
**726**
**308**
**287**
**36,051**
**404**
**-**
**38,556**
**1,420**
**356**
**1,776**
**40,332 **
**448,466**|2024
£
-
-
-
703
27,500
17,050
44,550
45,253
780
-
358
251
39,716
428
54,114
95,647
1,575
344
1,919
97,566
(52,313)|
|---|---|---|
This page does not form part of the statutory financial statements
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