Registered number 02699332 Bournemouth Little Theatre Club Limited Report and Unaudited Accounts For the Year Ended 30 June 2024 Bournpmouth Lillle TheatsE Club Limlt8d Registered number: 02699332 Chariiy keglslratlon number= 1019571 Pireclors. and Yru8t8os' Report The diraciorg and tiuslees present thèlr report and accounls for tho year ended 30 June 2924. RegIs1or￿ Olfic• and opvallonal addr8$8 11 Jamegon Road Boumemouih BH9 2QD Dlrectors find Tru8t••s Thè follo￿7ng p8r80ns sery¢d as dlr8CtoYs durtn9 the yeai: M Hammlll G Jones L SJone8 A H Sloddart M I Coombs Ire31gned 8 Novembgr 20231 T E Féoron Burr A D Smyth lappolnled 8 November 2023) Structur8, Qov•m•n¢e ontt Man8g•m•nt The organi8allon iè a charIlab￿ company Ilmlted ¥y guarantee, Inwrporaled on 23 M4rch 1992 and r8glstared as a charlly on 31 Mar¢h 1991. The Gompany was eslabllshed under a Memorandum ol As$(￿latIOn whlch gstabli9hed the objeo18 and powers of the charltablg company and Is governed under Its Artlcles of Ag8odallon. In the .evenl of a wln¢jng up, membera are gach tsqulr9d to conlrlbute an amount not &Keeding £1. Th8 dlre¢lor8 of the company are a180 charlty Iwslees for the purrx)ses of charily law And und8r th• company'È Artlcle8 ar6 known as members of Ihe Council of Managomenl, All trust¢g8, on election, Bre mad8 aware ol thelr r88ponsibrfitias under company artd charlly law. Thè council has ¢onduct6d a rovlew ol lh¢ major rl8ks ID whkh the charilk Is gXPQBod. Intsrnal control risk8 are minlmlsed by tho Implemenlayon ol procgdure$ for auihorl$4ll¢Jn of Bll tran$a¢tlon5 and prolecls. Proce¢uros arg In place lo gniurè eompUanc8 ¥￿th health and safely ol volLfflloers and v1811￿6 lo the Ihealrè. Council members elected by Ihe membershlp al the Annual Goneral Veeling, at whlch one third of the exlgling Gouncil themberl reike by rotation. in order ol len9th of 80Nice. The Chairman and Offi¢grs are elected by and Irorn tho elect8d Council mornbers. Th8r¢ arg no related partles ￿lCh requlre d18¢1osure In Ihg accounts. Publlc b•n•f51 dlsclo#urn8 The charlty welcomes and encourag99 public partrc¥Mllon In all aspe¢t8 01 ils productlons, as w91188 provldlng a yè8r-round programme of producllons, play readings and workshops. Due con8iderallon has been glven lo the Chdrtty Commlsslon¥ guidance on the Publlc Benefil requiram9nl urlEler the Charlti&s A¢1 2011. Boumomoulh Llttle The•tre Club Llmlted Règist8Yed number: 02699332 Charlty Reglstratlon nufftber: 1019S71 Directors. and Truslees, Roport Objecti￿¥ and a￿l¥ll1•S The purpose and princlpal actNlly ol the Qhaty 15 the rnalnlenarth and Improvemgnt of B(wm9moulh Littlè Theatre a￿1 the prtxlucllon ol plays Ihereln. A¢hlg¥ements afbd performan¢e The Ctub PLrt on five high qualSty productltyB attractlrvJ siroro a￿lence numb8r8. wlth the main productions qveraglry oy8r 95% cap8dty. lour al capacmy. The programme lor th8 pb#¥¢d upgrade of Ihè stsge lighting 8y8lem Conilnued wlth Ihè four rnaln ¥taog Ilghls being a¢q￿red and Inslèlled. New vAndows irTrslall8¢ by the landlord durlnts the y8ar VMS followed by new Gurtalns belng in51alled In Ihe aud51￿1￿M. Flnanclal Mvlow The 81atement of financiol AGtlvllSes shows a net prolll 01 £4,865. Th& 4ev&rg economlc climat8 causèd Increases in Iheslre running costs by over 11% on the prf y8ar. Despite th1$, re3orve8 now stand al £58,248. Roswws poll¢y Reserves are h8ld lo enabio i¥erallon8 lo ¢ontv)ue al the ourrent 1gv41, end arè consid8rnd adequate lor IhS8 purpo8Q. Plans lor fulure perlod3 New slTull6rs are piannpd lor tho Green Room bar, and, eondltional on lan(lord givin) p8rml881on, an air condltlonlng system Is planned lo be in¥lallod In the Green Room bar audllorlum. Six wodu¢tlons are plann¢d. 8mall comyny provl$lon* Thls r8POrt has been prep4r4d in accordancg the provi81on¥ In Part 15 01 the Gpmpanie8 Act 2006 applicablg lo companles subj'eol lo Ihe sm811 companbfrs regima. Thls report was approvad by lh¢ GouncII on 18 D8G8tthr 2024 and 8lgned on 118 b8hdt. A H &oddart Oireclor Boumemouth Little Theaire Club Llmited Chartered Accoilntants. report to Ihe board ot director5 on tho preparatlon ol the unaudiled $tatutOty accounts ot BoumenM)ulh Llltle Theatrè Club Limltod lor the year •nded 30 June 2024 In ordèr to assist you to fulfil your duties und8r th8 Companies Art 2006, we have PTepared for your approval the accounts of Bournemouth Little Theatre Glub Limited lor the year ended 30 June 2024 which ¢omprise of tho Profit and Loss Account, Ihe Balance Sheel and Ihe related notes from the company 8 ￿0￿nting records and from information and 6xplanalions you have given us. As a practising fflember firm of the Institut8 01 Chartered Accountants in England and Wales, w8 are subject to its ethlcal and other professional requirements which are detsiled at www.icaew.comlenlmemberslregulations-standards-and-guidenoe Our woyk has been undprtaken In gccordan¢e with ICAEW Technical Release 07116 AAF. Michael Fatley & Associates Limited Chartered Accountants Sulte 9 Pine Court Busine88 Centr8 36 GeNis Road Bournemout Dorset BH13DH 18 December 2024 Bournemouth Little Theatre Club Limlted Statsment of Flnan¢ial ActivS1i8s for tho year ended 30 June 2024 21f24 2023 Inoomlng and endowmenls Irom: Donations and legacies Charitable activities- fundraisi￿ income Subscriplions Investmgnts Other Total 11 35,797 1,687 331 736 11,614 28,946 1,925 114 46,328 Charltable acfvities- fun(Jraislng G05ts Administrative expenses 8,087 8,681 33,897 1,736 Not In¢omg1(•xpendituM) 4,665 4,592 Not movem•nt In lundts 4,6S 4,592 Beconcillptlon ol lund8 Toial lundF brought fonward 53,583 48,991 Tg1•1 lunqg Farrl¢4 foryor# 583 BoumvTrouth Little Theatre C Limited Registered nLWTtsw: Ba￿Ce Sheet a5 at ￿ June2Q24 Fixèd 355ets Tangible assets 4.418 C￿￿￿nt a55*ts Stttks bbrs Cath at baTrk aTKI in hèTrJ 943 2.398 48.744 1.476 48.,) CTrditor5.' am￿rtS fall￿d within y￿r {1.18n {1.2￿) Net curr•rt a5Mts 18.928 49.187 Net asset5 Capital arKI reseNes Prcéit and Ic6s aco)Jnt .248 53 sha￿hd￿r5. furnls The ￿IreC￿r5 are sabsfibl that the s enbtsj to exmp•oTr IDM the r•]urn￿Trt ti oblain ar& audit wder 417 ofthe Act?>XI. rnertérs havk ThQt required the c4ynFany b obtain an a￿￿t Tn acc4¥&Thce wth 5eLton 476 rnpfv￿ with •* requirements d • convaThi￿ Act 21)X wrth resFeLt to aoa)untiTra rec4yth arKI the preparabon J￿IntS The accouits ha* toen and in a(￿rdan{e wrth thè SF*Jal proM5i(ThS applicabè to coryn *5 5Utp=t to the 5rnal MrfpaDie5 profit arKI a(muTrt teen delts?￿ to the ReJEtrar ofCorrpanE A H Sbsdart Director aThJ truste Dirèttof truske Appro%*d CourKyI oflAarwen*Tht arbj tP* tru5tee5 ab ..ft ).Ii.120+ a&L- Bournemouth Little Theatrè Club Limited Staélnent of Cash Flows for the yew ended ￿ June 2024 Notes 2023 Oprating acti¥itiès tIIc6s) tc( the finan¢ial y•ar 4.S52 Aljustnwt5 bT'. C*pTeciaii)n lrncrèa* ir- sbcks lTrcre35e ir .Abbr5 IE*:re35e,'ti 1p￿e35e in £Y￿l￿r5 1.64S {5} 9.813 (s)) Cash gererat&# bY0￿ra)r9 ztriitses hvèsting 3Ctrwities Paymenfs toacquré tangible Axed ass•ls 10. 549} {9,4￿ Cash usal in in*sitW 3clYiDèS IS, S,491 t cash (wdl*nèrat•d Cash generated by cperatsng *tiJities Castr4, LSPJ in ip,*5b'rg 3C)' I'ibès Cash ger*rat*J bYknanci￿d aCO'%itie5 13.831 (9.4￿ *t cash lu*J},ypera Castr 3r.a astr, è=Li'Al2rts at I Cast. 3rd cast, elLI4a￿rt5 at 3,? Ju 48. Ca5￿ 3r.* cash COrnPflSQ'. Casli at baTrk Bournemouth Llttle Theatre Club Umiled Ilotes lo the Accounts for the year ended 30 June 2024 1 AcCoUn￿n9 pollues Ba￿S ofprep8ration The a￿Ount3 have bgen prepared under the historical 0041 convention and in ac￿rdance wlth FRS 102. the Charities Sorp (FRS 102) and the Financial Reportlng Slandard appltcable In the UK and Republic of IreEand (as applied lo small entities by section IA of Ih@ Standa￿). Inwnlng Rosouros Voluntary In¢oma and donations arè ac¢ounled for as receivgd by Ihd Charily. The income from fundrai$ing venttjres is shown gross, with the associated costs included in fundralslng costs. Any pgmianent endomnents aro dealt wlth through tha statement of financial activities when recelved. Fund eCGounling Unreslri¢ted lunds are available lor use qt the dlscretion of the trustees in furlheranco of Ihe g6neral activitiès ot the charity. Tanglble Ilxed assets Tangible fixed assets are measured at QO8t188s ac¢umulatNe depredatit)n and any accumulatlV8 Impairmenl losses. Depreciation is provided on all tangible ffxed assets. other than frgebold land, at rates calculated to writg off the Cost, less esllmatsd residual value, of each asset evgnly over its expecbd useful life, as follows., Fixtures arKJ flttings 15Vo reducing balance ba818 Resources expended Exp¢ndilure Is recogni5gd on an accruai basis as a liability is incurred. Expendlture Includes gny Value Added Tax as this Is not recoverable by the charity. Admlnistration expenditure includes all 8xpenditure not directly related to Ihe running of the th8atre oi tundraising ventures. Slocks Stocks are measurgd at the lower of Cost and eslimated Selling pric818ss costs to ￿Mplete and sell. Cost Is determined using the first in lirst out method. The carrylng arnount ol stock sold is recognlsed as an expenso in the period in which the rtlated r8venue is recoènised. Debtors Short term debtors are measured at transactlon price (which is usually the Invoicg pricel, less any impairment losses for bad and doubtTul debts. Credlfors Short term creditor8 aTe measur8d at transaction price {whlch is usualty the invoice pricel. Pmvigons Provisions lie liabilities of uncertain liming or amount) are recognised whon thère is an obligalion al the reporting dats as a resutt of a past evoDL ft is probable that eGonomic benafit wlll be transferr8d to settle the obligation and the amount of the obligation can be estimated reliably. Boumemouth Llltle Theatre Club Limited Noles to Ihe Accounts lor the year ended 30 June 2024 Leasedassets A leasè 1$ ¢lassllied as a finance leaso If it transfers sub5tantlally all the risks and rèwards incidental to ownership. All olhw leases are Classlfied as opèrating leages. Th8 rlghls of use and obligations under finance leases are Initially recognised as assets and IlabS1iti95 at amounts equal to the fair value of the leas8d assets or, if lower, the present value of thg mirtimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liakn'lty using the effective int8rest rate method. The linance charge is allocated to each Period during the leasa so as to produ¢0 a constant Periodic rats of interest on Ihe remaining balance of the liability. Leased assets are dawecialed in accordancè with the company's policy for tsngible fixed assets. If there is no reasonable certainty that ownershlp will bp obtslned at the end of the lease tsrm, Ihe asget is depreciated over thè lower ol the leasg Igmi and its usaful life. Operaling 1ga$8 payment8 are recognised as an expen8e on a straight Ilne basis over the lease 2 Trust•9 remun•rptlon and b•ngllts 2024 2023 Total rolmbursed èxpanses A total 016 Trust68$ ware reimbursed for goods and servic8s purchased on behalf of the company at cost. 3 Doblors 2024 2023 Other debtors Bournemouth Llttle theatre Club Limilad Notes lo Ihe A¢¢ounts for the year ended 30 Junè 2024 4 Credltor•: amounts talllng dua wlthln one year 2024 20fJ Other creditots 1,256 S Voluntoèrs All productions are pertormed and produc8d by volunteer8" all aspects of the charity's day to day activillés are voluntary. Including that of tho Tru$tee5, wilh no $talf employ8d and no remuneration paid. 6 Olber finahclal commllmonts 2024 2023 Total future mlnlmum payments under nOn￿ncelIable op8rating leases 7 Olher Intomlgllon ournemouth Little Theatrè Club Limited Is a privats company limited by guarantee and Incorporat8d In Èngland. Its registered office rs,. 11 Jameson Road èournemouth Dorset BH9 2QO Boumemouth Liltl? Th8atre Club Llmlted Noles to the Aècounls tor the year ended 30 June 2024 9 Incomp and cos1$ 2024 2023 FundraSsln9 Inoome Bar sal¢s Production incom8 Workshops 6.844 28,953 7,893 20,369 684 28.946 Fundralsln9 ¢QSts Decr8as8lincrease in stocks Productlon Gosts Bar purchases 15> 5,117 2.975 150> 5,679 3,032 Adminl$tratlve expen9es Theatre running costs: Rent Rates Light, hegl and watsr Insurance Repairs and renewal$ 10,322 683 6.705 3,836 9,4#6 423 5,086 3,25S 1.738 19,978 21.122 Govornance costs.. Telephone, internet and post Statjonery and printing Licences and gub¥criptions Bank charges Accountancy fees Depreciation Sundry expertses 1.151 40 339 93 716 1,015 151 556 89 610 9,813 863 13,097 704 4,688 33,075 Olher oporatlng Inc0￿e Hirg of rooms Subscriptions Oonations linclud5ng Gift Aid) Interest ￿ceiVed Sundry irKome 1,687 1,925 11,814 114 7e.1 17,882 331 736 2,765 10