BARNSLEY THEATRE TRUST11998I LIMITED IA COMPANY LIMITED BY GUARANTEEI REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 COMPANY NUMBER 2851763 (ENGLAND & WALES)
BARNSLEY THEATRE TRUST119981 LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 CONTENTS Page Officers and professional advisers The Trustees, report Stalcmenl of financ121 activities (incorporating Income and expenditure account) and statement of lolal recognised gains and losses Balance sheet Notes lo the financial statements 7- 11 The following pages do not form part of the stalulory accDunls". Trading and profil and loss account Notes lo the trading and profil and loss account 13 Independent Examiner's report to the members 14
BARNSLEY THEATRE TRUST119981 LIMITED OFFICERS AND PROFESSIONAL ADVISERS Referpnce and Admlnlstrative Information Company regislialion number 2851763 Charity giStratIon number 1026352 Registered office The Latnproom Theatre Weslgate Barnsley STO 2DX Operational address The Lamproom Theatre Weslgale Barnsley South Yorkshire 870 2DX Tru51ees J N Kelly - Chairperson R Caile VV Fisher IHey D Lovè J Miccoli C Smith J Upson R Walton G Myers Resigned 31 March 2023 Independent Examiner C W Dix Limited Accountants & Business Advisors 4 Silkwwd Court Wakefield WF5 9TP Bankers Lloyds TSB Market Hill Barnsley South Yorkshire S70 2PP
BARNSLEY THEATRE TRUST11998I LIMITED THE TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 The Iruslees, who are also directors of the charity for the purposes of the Companies Act, have pleasure in presenling their report and financial slalemenls of the company foi the year ended 30 September 2023. GOVERNING DOCUMENT Barnsley Theatre Trusl119981 Limited is a company limited by guarantee governed by ils Memorandum and Articles of Association dated 9th September 1998. 11 is registered as 2 charity with the Charity Commission The Company CLJrrenlly has thirteen Iruslees ea¢h of whom agree lo contribute £10 in the event of the charity winding up. RECRUITMENT AND APPOINTMENT OF TRUSTEE BOARD The Company may from lime lo time by ordinary resolution Increase or decrease the number of Iruslees on the Board. TRUSTEES INDUCTION AND TFiAINING Each new Iruslee is given two educational booklets. Dire¢lors & Secretaries guide booklet GBA1 Issued by Companies House educales trLJslees on the legal duties and responsibilities of the Company diieclor under company law. "Charities & Fund raising booklet CC20 issued by Charities Commission ensures trustees ale awaie of the legal duties and responsibilities under Ch8rity law. In addition each IrLJslee is made aware of the management structure and decision making processes of thè Trust. ORGANISATIONAL STRUCTURE The Company currently has a Board of Trustees consi51ing ol nine members who sel Company policy. In adcjilion six people are employed who implement Company policy on a day to day basis. RISK MANAGEMENT The trustees have a risk man2gemenl slolegy which comprises of an annual review ol the risks the charity may face. Particular attention has focused on financial risks arising from lire, health and safety of audience and artists and management of performing rights OBJECTS OF CHARITY The obiecl of the trust is lo promote and advance Ihealrical arts within and for the entire community ol Barnsley and the surrounding area. PRINCIPAL ACTIVITIES AND BUSINESS REVIEW The principal activity of the trust is that of promoting, maintaining, improving and advancing education particularly by the piomolion and production of the arts in Barnsley.
BARNSLEY THEATRE TRUST119981 LIMITED THE TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2023 ANNUAL REVIEW The Trust and the Lamproorn Theatre have enjoyed a very busy and, l am happy lo report, a successful year Business was brisk throughout and we have managed lo expand 2uclience nLJmbers by offering a wider range of programme activities. This has continued into the current yeai with our Christmas Pantomime b&ing very profitable and well received by audiences and critics alike. A5 Staled in previous Annual Reviews. our aim Is lo provide Bamsley audiences with theatrical presentations of a high standard. We intend lo create a legacy that will survive and serve generations of local people I must also provide a speci21 word ol gratitude lo our many volLJnleers and donors The contributions ol these individuals cannot be overslaled. FINANCIAL REVIEW The trading results for the year, and the company's financial position al the end of the year are shown in the attached financial slalemenls. The balance of surplus for the year will be added lo reserves and carried lopwsrd lo the following year. INVESTMENT POWERS AND POLICY Under the Memorandum 8nd Articles of Association. the charity has the power lo rllake any investment which the Iruslees see fit. FUTURE DEVELOPMENTS AND EVENTS SINCE THE END OF THE YEAR After a great deal of discussion and consultslion, we have Introduced a new theatre rnanagement slruclure. A Theatre Manager with extensive management experience in other fields now heads up our In house team. A Ciealive Manager has beèn appointed with the specific task of planning and coordinating the Ihealre's wide range of seasonal events. Other management roles include Technical Manager Bar Manager and Front of House Manager This structure has been oper81ive for many months and Is funct50ning well.
BARNSLEY THEATRE TRUST119981 LIMITED THE TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2023 TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS Company law requires the Trustee Board lo prepare financial statements for each financial year which give a true and fair view ol the slate of allairs of the charitable company as al the balance sheet dale and of its incoming resources and application of resouices. including Income and expenditure. lor the financial year In preparing those financi81 slalemenls. the Iruslee board should follow best practice and. Select suitable accounting policies and then apply them consistently., Make judgements and eslimales that are reasonable and prudent, and Prepare the financial slalemenls on the going concern basis unless it is inappropriate lo assLJme that the company will continue on that basis. The Trustee Board is responsible for maintsining proper accounting records which disclose with reasonable accuracy al any time the financial position of the ch2rilable company and lo enable them lo ensuie thal the financial slalemenls comply with the Companies Act 2006. The Trustee Board is also responsible for safeguarding the assets of the charitable company and hence lor taking reasonable steps lor the prevention and detection ol fraud and other Irregularities. MEMBERS OF THE TRUSTEE BOARD Members of the Trustee Board, who ale difeclors lor the purpose of company law and Iruslees for the purpose ol charity law. who served during the year and up lo the date of this report are sel out on page 1 Registered oflice: The Lamproom Theatre Westgate Barnsley S70 20X Signed by order ofthe trustees on L J N Kelly
BARNSLEY THEATRE TRUST119981 LIMITED STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 30 SEPTEMBER 2023 Note Unrestricted Restricted Total Fund5 Total Funds Fund Fund 2023 2022 INCOMING RESOURCES Grants Donations Interest receivable Incoming resources from activities for generating funds 13,347 11.209 60,385 60,385 348,001 348,001 303.470 TOTAL INCOMING RESOURCES 408 395 408,395 328,027 CHARITABLE EXPENDITURE Tiading cost of goods sold 2nd other costs Cost of charitable activities Governan costs 137,267 241.627 27.919 137.267 241.627 27,919 114,221 221,366 13.899 TOTAL RESOURCES EXPENDED 406,813 406,813 349,486 NET INCOMING IOUTGOINGI RESOURCES FOR THE YEAR BEFORE TRANSFERS 1,582 1,582 141.6501 TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS FOR THE YEAR 1.582 1.582 141.6501 Balance brought forward al 1 October 2022 183,771 183.771 225,421 Balance carried forward al 30 September 2023 185.353 185,353 183.771
BARNSLEY THEATRE TRUST119981 LIMITED BALANCE SHEET AS AT 30 SEPTEMBER 2023 2023 2022 Note Fixed assets Tangible assets 12 355.733 371,677 Curr&nt assets Stocks Debtors Cash al bank and in h8nd 1,048 1,048 7,177 52,392 13 96,083 97,131 60,617 Credltors.. Amounts falling due within one year 14 36,520 10,360 Net current assets 60,611 50,257 Total a5set5 less Current liabilities 416.344 421.934 Creditors.. Amounts falling due after more than one year 17.1721 Net assets 416,344 414,762 Funds of the charity Unreslricled funds Restricted funds Revaluation reserve 185.353 183,771 230.991 230,991 416,344 414,762 The Trustees consider Ih2t the company Is enlilled lo exemption from the requirement lo have an audit under the provisions of secliDn 477111 ol the Companies Act 2006. Members have not required the company. under section 476 of the Companies Act 2006, to obtain an audit for the year ended 30 Seplembei 2023 The Trustees acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with sections 386 and 387of the Companies Act 2006 and for preparing accounts which give a true and fair view ol the stale of affairs ol the company as al 30 September 2023 and of ils loss for the year then ended in accordance with the requirements ol section 396 and which othetwise comply with the requirements of the Act relating lo the accounts so far as applicable lo the company The financial statements which have been prepared in accordance with the special provisions relating lo companies subject to the small ompanies regime within Part 15 01 the Companies Act 2006 were N Kelly Trustee The notes on pages 7 10 11 form part of these financial slatemenls.
BARNSLEY THEATRE TRUST 119981 LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 1. ACCOUNTING POLICIES The financial slalements have been prepared under the historical cost convention. and In accordance with the Slalemenl of Recommended Practice ISORPI Accounting and Reporting by Charities, preparing thèir accounts In accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS1021 issued on 16 July 2014 and Ghaiilies Act 2011. Barnsley Theatre Trusl119981 Limited constitutes a public benefit entity as defined by FRS 102. Grants receivable Grants receivable are credited lo the Slalemenl of Financial Activities in the year lo which they relate. Donations Donations are included In the slalemenl of financial activities in the year in which they are received. Interest receivable Interest receivable Is Included in the Sialemenl of Financial Activities in the year in which it is receivable. Resources expended Resources expended are included in the Stalemenl of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered Freehold property Freehold property Is slated al valuation less dèpreciation. Depreciation Is provided al rates calculated lo write off the cost or valuation of fixed assets. less their eslimaled residLJal value, over their estimated useful lives on the following bases" Freehold propety 20/0 per annum slraighl line basis Other tangible fixed assets Tangible fixed assets are slalecl al cost less depreciation. Depreciation is provided al rates calculated lo write off the cost or valuation of fixed assets. less their estimated residu21 value. over their eslimaled useful lives on the following bases". Leasehold property Fixtures and fittings 1 Ook per annum slraighl line basis 15.10 per annum reducing balance basis Operating lèases Ren131s payable ijnder operating leases are charged againsl income on a slraighl line basi5 over the lease term. Fund accounting Funds held by the charity are either Unreslricled Income these are funds which can bè used In accord2nce with the charitable objectives al the discretion of the Iruslees. Reslricled income these are funds that can only be used for particular restricted purposes within the Dbieclives of the charity Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes Once these reslri¢lions have been met, the remaining balance is transferred lo the general fund
BARNSLEY THEATRE TRUST119981 LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 2. TURNOVER The turnover and surplus is allribulable lo the one principal activity ol the Company. The turnover was all in the United Kingdorn 3. GRANTS Unrestricted Restricted Total Funds Total Funds Funds Funds 2023 2022 Grants received 13,347 INCOMING RESOURCES FROM ACTIVITIES FOR GENERATING FUNDS Unrestricted Restricted Total Funds Total Fund5 Funds Funds 2023 2022 Other income Bar income Ticket sales Theatre rental 45,305 67.119 159,592 75,985 45,305 67.119 159.592 75,985 45,515 S4.779 152,361 50,815 348,001 348,001 303,470 5. TRADING COSTS OF GOODS SOLD AND OTHER COSTS Unrestricted Restricted Total Funds Total Funds Funds Funds 2023 2022 Merchandising and bar expenses Production expenses 43.631 93.636 43.631 93.636 33,477 80,744 137,267 137,267 114,221
BARNSLEY THEATRE TRUST119981 LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 6. COSTS OF CHARITABLE ACTIVITIES Unrestricted Restricted Total Funds Total Funds Funds Funds 2023 2022 Wages, salaries and nation81 insurance Rates & water Light & heat Sundry & cleaning Repairs & maintenance Computer costs Printing. postage, stationery & advertising Insurance Telephone Depreciation 132,372 1,754 24.7S8 5,548 6,138 2,217 42,357 3.399 1.140 21,944 132,372 1.754 24.758 5,548 6,138 2,217 42.357 3,399 1.140 21,944 126.047 1,848 14,620 8,090 1,151 1,955 43,387 2,992 21.276 241,627 241.627 221,366 7. GOVERNANCE COSTS Unrestricted Restricted Total Funds Total Funds Funds Funds 2023 2022 Independent Examiner's fees Slocklake lees Bank prorp%sing and paypal charges Loan interest 3,732 3,732 6792 40 25.349 1,909 22,780 1,407 22,780 27,919 27,919 34,090 8. TOTAL RESOURCES EXPENDED Staff Costs Other Costs Total Costs Total Costs 2023 2022 Depreciation Costs of charitable activities Trading costs ol goods sold and other cosls Governance costs 85,718 21,944 48.249 155.911 155,243 137.267 27,919 137,267 27,919 114,221 34.090 85.718 21,944 213,435 321,097 303,554 9. OPERATING SURPLUS Opeialing surplus is slated after charging 2023 2022 Depreciation 21.944 21 276
BARNSLEY THEATRE TRUST119981 LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 10. 10. PARTICULARS OF EMPLOYEES The aggregate payroll costs of the above were.. 2023 2022 Wages and salaries 132,372 126.047 The average number of people lo carry out the company'5 operations was 612022. 61. No employee received emoluments of more than £60,000. During the year a lolal of 71 12022.. 711 volunteers assisted with the day lo day operations of the company 11. TAXATION The company Is a registered chaiily and Is not liable lo corporation tax. 12. TANGIBLE FIXED ASSETS Freehold Property Fixtures & Fittings Total COST OR VALUATION Al 1 October 2022 Additions 280,000 308.888 6,000 588.888 6.000 At 30 September 2023 280,000 314,888 594.888 DEPRECIATION Al 1 October 2022 Charge lor period 16,807 5.fj00 200,404 16,344 217,211 21,944 At 30 September 2023 22,407 216,748 239,155 NET BOOK VALUE AI 30 September 2023 257,593 98. 140 355,733 AI 30 September 2022 263,193 108.484 371,677 The freehold land and bLJildings were revalued lo £280,000 on 30 September 2019 by Wilbys, an Independent firm ol chartered surveyors, on an open market existing use b2SIS If the freehold land and buildings had not been Included al valuation they would have been inclLJded und6r th& historical cost convention as follows". 2023 2022 Cost Accumulated deprecialiDn 129 782 175,3001 129,782 172,7D81 54,482 57,074
BARNSLEY THEATRE TRUST119981 LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 11. 13. DEBTORS: Amounts falling due within one year 2023 2022 Trade debtors Other debtors Prepayments and accrued Income 2,511 4,666 7,177 14. CREDITORS.. Amounts falling due within one year 2023 2022 Bank loans and overdiafts Isecuredl Trade creditors Other taxes and social security Accruals & deferred income 6,700 27,479 1.800 541 7,568 2,364 428 36,520 10,360 15. CREDITORS.. Amounts falling after one year 2023 2022 Bank loans and Dverdrafts Isecuredl 7,172 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Other Assets (Liabilitiesl Total Unreslricled funds Reslricled funds Revaluation reserve 137.146 38,419 175.565 230,991 230,991 368.137 38,419 406,556 17. REVALUATION RESERVE Total B?lance al 1 October 2022 Revaluation movement 230,991 Balance at 30 September 2023 230.991
BARNSLEY THEATRE TRUST119981 LIMITED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2023 12. Note 2023 2022 Turnover Ticket sales Pantomime sales Booking fees Bar takings I cream Incc)me Programme adverts Donations 100 club income Thcalrc rcnlal Sundry Income 1,488 158,104 22,395 67,119 17,280 150 60.385 5.480 75,985 19.991 132,370 22,163 54,779 17,592 11,209 5.760 SO,815 408,386 314,679 Cost of sale5 Opening stock Bar purchases Ice cream purchases Pantomime expenses Theatre and show expenses Volunteer expenses Fees and Iicenses Closing stock 1.048 32,852 10,779 61.659 26. 947 186 4,844 11,0481 1.048 24 710 8. 767 56,682 21.205 693 2.164 11,0481 137.267 114,221 Gross profit 271,119 200.458 other Income Grant income and other income Bank Interest received and gift aid 13,347 13.348 271,128 213,806 Administration èxpenses 269.546 255,456 Net (Lossl Profit 1.582 141,6501
BARNSLEY THEATRE TRUST11998I LIMITED NOTES TO THE TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2023 13. 1. ADMINISTRATIVE COSTS 2023 2022 Wages Rent and rates Light and heat Insurance 100 club expenses Advertising Motor and travel expenses Repairs and renewals Computer costs Cleaning Printing and stationery Postage Legal fees Accountancy fees Stocktake fee5 Bank Card processing charges and machine rental Tickelsolve charges Bank loan interest Sundry expenses Depreciation 132.372 1,754 24,758 3,399 2,900 40.208 166 6,138 2,217 1.354 2.134 15 1,140 3,732 126.047 1.848 14,620 2,992 3,000 39,846 376 1,151 1,955 1,927 3.526 15 6,792 40 12,368 12.981 1,909 2.787 21,276 11.221 11.559 1407 1,128 21.944 269 546 255.456
BARNSLEY THEATRE TRUST119981 LIMITED 14. INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES ON THE FINANCIAL STATEMENTS OF BARNSLEY THEATRE TRUST119981 LIMITED Vve report on the accounts of Barnsley Theatre Trusl119981 Limited for the year ended 30 Seplernber 2022 Respective responsibilities of trustees and examiner The charity's Iruslees are responsible for the prepaialion of the 2ccounts The charity's Iruslees consider that an audit is not required lor this year (under sections 144 and 145 of the Charities Act 2011 Ilhe 2011 Aclll and that an Independent examination is nee(fed. 11 is our responsibility to. examine the accounts (under section 145131 of the 2011 Acll. lo follow the procedures laid down In the General Directions given by the Charity Commission (under section 145151 of the 2011 Act, and to slate whether particular matters have come lo our attention. Basis of independent examiner's report Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison ol the accounts presented with those records It also in¢ludes consideration of any unusual items or disclosures In the accounts, and seeking explanations from you as Iruslees concerning any such Mattèrs The procedures undertaken do not provide all the evidence that WOLJld be required in an audit. and consequently we do not express an audit opinion on the view given by the account5. Independent examiner's statement In connection with our examination. no matter has come lo our allention". which gives LJS reasonable cause lo believe that in, any material respect, the requirements. lo keep accounting records in accordance with section 130 and 131 of the 2011 Act,. and lo prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been mel,. or 121 lo which. in our opinion, allenlion should be drawn In order lo enable a proper understanding of the accounts to be reached. l•lJJ C W Dix Limited Accountants & Business Advisors 4 Silkwood Court Wakefield WF5 9TP