BARNSLEY THEATRE TRUST {1998) LIMFTED (A COMPANY LIMITED BY GUARANTEE) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 COMPANY NUMBER 2851763 IENGLAND & WALES)
BARNSLEY THEATRE TRUST (19981 LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 CONTENTS Page Officers and professional advisers The Trustees, report Statement of financial activities (incorporating income and expenditure account) and statement of total recognised gains and losses Balance sheet Notes to the financial statements 7-11 The following pages do not form part of the statutt)ry accounts.. Trading and profi't and loss account 12 Notes to the trading and profit and loss account 13 Independent Examinerfs report to the members 14
BARNSLEY THEATRE TRUST11998) LIMITED OFFICERS AND PROFESSIONAL ADVISERS Reference and Administrative Informatlon Company registration number 2851763 Charity registration number 1026352 Registered office The Lamproom Theatre Westgate Barnsley S70 2DX Operational address The Larnproom Theatre Westgate Bamsley South Yorkshire S70 2DX Trustees J N Kelly - Chairperson R Caile W Fisher IHey D Love J Miccoli C Smith J Upson R Walton Independent Examiner C W Dix Limited Accountants & Business Advisors 4 Silkwood Court Wakefield WF5 9TP Bankers Lloyds TSB Market Hill Barnsley South Yorkshire S70 2PP
BARNSLEY THEATRE TRUST (1998) LIMITED THE TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The trustees, who are also directors of the charity for the purposes of the Companies Act. have pleasure in presenting their report and financial ststements of the company for the year ended 30 September 2024. GOVERNING DOCUMENT Barnsley Theatre Trust (1998) Limited is a company limited by guarantee governed by its Memorandum and Articles of Association dated 9th September 1998. It is registered as a charity with the Charity Commission. The Company currently has thirteen trustees each of whom agree to contribute £10 in the event of the charity winding up. RECRUITMENT AND APPOINTMENT OF TRUSTEE BOARD The Company may from time to time by ordinary resolution increase or decrease the number of trustees on the Board. TRUSTEES INDUCTION AND TRAINING Each new trustee is given 0 educational booklets.. "Directors & Secretaries guide booklet GBA1 issued by Companies House educates trustees on the legal duties and responsibilities of the company director under company law. "Charities & Fund raising booklet CC20 issued by Charities Commission ensures trustees are aware of the legal duties and responsibilities under Charity law. In addition each trustee is made aware of the management structure and decision making processes of the Trust. ORGANISATIONAL STRUCTURE The Company currently has a Board of Trustees consisting of nine members who set Company policy. In addition six people are employed who itnplement Company policy on a day to day basis. RISK MANAGEMENT The trustees have a risk management strategy which comprises of an annual review of the risks the charity may face. Particular attention has focused on financial risks arising from fire, health and safety of audience and artists and management of performing rights. OBJECTS OF CHARITY The object of the trust is to promote and advance theatrical arts within and for the entire community of 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 promotion and production of the arts in Barnsley.
BARNSLEY THEATRE TRUST11998) LIMITED THE TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 ANNUAL REVIEW The Trust and the Lamproom Theatre have enjoyed a very busy and, l am happy to report, a successful year. We have managed to expand audience numbers by offering a wider range of programme activities. As a result we have seen record levels of income which has continued int the current year with the Pantomime being more profitable than in any previous year.. As stated in previous Annual Reviews, our aim is to provide Bamsley audiences with theatrical presentations of a high standard. We continue to strive to create a legacy that will survive and serve generations of local people. I must also provide a special word of gratitude to Ouf many volunteers and donors. The contributions of these individuals cannot be overstated. FINANCIAL REVIEW The trading results for the year, and the company's financial position at the end of the year are shown in the attached financial statements. The balan of surplus for the year will be added to reseNes and carried forward to the following year. INVESTMENT POWERS AND POLICY Under the Memorandum and Articles of Association, the charity has the power to make any investrnent which the trustees see fit. FUTURE DEVELOPMENTS AND EVENTS SINCE THE END OF THE YEAR After a great deal of discussion and consultation, we have introduced a new theatre management structure. A Theatre Manager with extensive management experience in other fields now heads up our in house team. A Creative Manager has been appointed with the specific task of planning and coordinating the theatre'5 wide range of seasonal events. Other management roles include Technical Manager, Bar Manager and Front of House Manager. This structure has been operative for many months and is functioning well.
BARNSLEY THEATRE TRUST (1998) LIMITED THE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS Company law requires the Trustee Board to prepare financial stateTnents for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustee board should follow best practice and.. Select suitable accounting policies and then apply them Consistently., Make judgements and estimates that are reasonable and prudent., and Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis. The Trustee Board is responsible for maintsining proper accounting records which disclose witt) reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustee Board is 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. MEMBERS OF THE TRUSTEE BOARD Members of the Trustee Board, who are directors for the purpose of company law and trustees for the purpose of charity law, who serwed during the year and up to the date of this report are set out onpage1. Registered offlce: The Lamproom Theatre Westgato Barnsley S70 2DX Sign by ordor of the tr es on'28 June 2025 R Walton
BARNSLEY THEATRE TRUST (1998) LIMITED STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Note Unrestricted Restrlcted Total Funds Total Funds Fund Fund 2024 2023 INCOMING RESOURCES Grants Donations Interest receivable Incoming resources from activities for generating funds 29,632 29,632 60,385 426,160 426.160 348.001 TOTAL INCOMING RESOURCES 455,800 455,800 408,395 CHARITABLE EXPENDITURE Trading cost of goods sold and other costs Cost of charitable activities Governance costs 127.379 251,735 32,693 127,379 251,735 32,693 137,267 240,487 29,059 TOTAL RESOURCES EXPENDED 411,807 411,807 406,813 NEf INCOMING (OUTGOING) RESOURCES FOR THE YEAR BEFORE TRANSFERS 43,993 43,993 1,582 TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS FOR THE YEAR 43,993 43,993 1,582 Exceptional item 27,736 27,736 16,257 16,257 1,582 Balance brought fOard at 1 October 2023 185,353 185,353 183,771 Balan carried forward at 30 September 2024 201,610 201,610 185,353
BARNSLEY THEATRE TRUST (1998) LIMITED BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Note F5xed assets Tangible assets 12 360,477 355,733 Current assets Stocks Debtors Cash at bank and in hand 1.908 2,400 81,211 1,048 13 96,083 85,519 97,131 Creditors. Amounts falling due within one year 14 13,395 36,520 Net current assets 72,124 60,611 Total assets less current liabilities 432,601 416,344 Credltors: Amounts falling due after more than one year 15 Net assets 432,601 416,344 Funds of the charity Unrestricted funds Restricted funds Revaluation reserve 201.610 185.353 230,991 230,991 432,601 416,344 The Trustees consider that the company is entitled to exemption from the requirement to have an audit under the provisions of sects'on 477(1) of the Companies Act 2006. Members have not required the company, under section 476 of the Companies Act 2006, to obtsin an audit for the year ended 30 September 2024. 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 ft)r preparing accounts which give a true and fair view of the state of affairs of the company as at 30 September 2024 and of its loss for the year then ended in accordance with the requirements of section 396 and which otherwise comply with the requirements of the Act relating to the accounts so far as applicable to the company. The financial statements which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 were approved by the board on 26 June 2025 and are sig on its behalf. R Walton Trustse The notes on pages 7 to 11 form part of these financial statement5.
BARNSLEY THEATRE TRUST (1998) LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 1. ACCOUNTING POLICIES The financial statements have been prepared under the historical cost convention, and in accordance with the Statement of Recommended Practice (SORP} Accounting and Reporting by Charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) issued on 16 July 2014 and Charities Act 2011. Bamsley Theatre Trust (1998) Limited constitutes a public benefit entity as defined by FRS 102. Grants receivable Grants re1vable are credited to the Statement of Financial Acts'vits'es in the year to which they relate. Donations Donab'ons are included in the statement of financial activities in the year in which they are received. Interest receivable Interest receivable is included in the Statement of Financial Activtties in the year in which it is re1Vable. Resources expended Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered. Freehold property Freehold propety is stated at valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their estimated useful lives on the following bases.. Freehold property 20/0 per annum straight line basis Other tanglble flxed assets Tangible fixed assets are ststed at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their estimated useful lives on the folloviing bases". Leasehold propety Fixtures and frttings 10¥0 per annum straight line basis 15% per annum reducing balance basis Operating leases Rentsls payable under operating leases are charged against income on a straight line basis over the lease term. Fund accounting Funds held by the charity are either= Unrestricted income.. these are funds which can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted income.. these are funds that can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Once these restricts.ons have been met, the remaining balance is transferred to the general fund. 2. TURNOVER The turnover and surplus is attributable to the one principal activity of the company. The tumover was all in the United Kingdom.
BARNSLEY THEATRE TRUST (1998) LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 3. GRANTS Unrestrlcted Restricted Total Funds Total Funds Funds Funds 2024 2023 Grants received 4. INCOMING RESOURCES FROM ACTIVITIES FOR GENERATING FUNDS Unrestricted Restricted Totsl Funds Total Funds Funds Funds 2024 2023 Other income Bar income Ticket sales Theatre rental 50,744 99,353 152,923 123,140 50,744 99,353 152,923 123,140 45,305 67,119 159,592 75,985 426,160 426,160 348,001 5. TRADING COSTS OF GOODS SOLD AND OTHER COSTS Unrestricted Restricted Total Funds Totsl Funds Funds Funds 2024 2023 Merchandising and bar expenses Production expenses 49,979 77,400 49,979 77,400 43,631 93,636 127,379 127,379 137.267 6. COSTS OF CHARITABLE ACTIVITIES Unrestricted Restricted Total Funds Total Funds Funds Funds 2024 2023 Wages, salaries and national insurance Rates & water Light & heat Sundry & cleaning Repairs & maintenance Computer costs Printing, postage, stationery & advertising Telephone Insuran Depreciation 147,664 1,579 19,005 6,701 5,922 1,150 41,568 1,037 2,365 24,744 147,664 1,579 19,005 6,701 5,922 1,150 41,568 1.037 2,365 24,744 132,372 1,754 24,758 5,548 6,138 2,217 42,357 3,399 21,944 251,735 251,735 240,487
BARNSLEY THEATRE TRUST (1998) LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 7. GOVERNANCE COSTS Unrestrlcted Rostricted Total Funds Totsl Funds Funds Funds 2024 2023 Independent Examinerfs fees Legal fees (see note 8) Bank processing and paypal charges Loan interest 4,530 4,530 3,732 1,140 22,780 1.407 26,990 1.173 26,990 1,173 32,693 32,693 29,059 8. TOTAL RESOURCES EXPENDED Staff Costs Depreclatlon Other Costs Total Costs Total Costs 2024 2023 Costs of charitable activities Trading costs of goods sold and other costs Governance costs 147,664 24,744 79,327 251.735 240.487 127,379 32,693 127,379 32,693 137,267 29,059 147,664 24,744 239,399 411,807 406,813 Exceptional item 27,736 27.736 The eXptIOnal item is a result of a legal claim tnade by a former employee and includes legal costs incurred in dealing with this matter. 9. OPERATING SURPLUS Operating surplus is stated after charging.. 2024 2023 Depreciation 24,744 21,944
BARNSLEY THEATRE TRUST (1998) LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 10. 10. PARTICULARS OF EMPLOYEES The aggregate payroll costs of the above were.. 2024 2023 Wages and salaries 147,664 132,372 The average number of people to carry out the company's operations was 6 (2023." 6). No employee received emoluments of more than £60,000. During the year a total of 71 (2023.. 71) voSunteers assisted with the day to day operations of the company. 11. TAXATION The company is a registered charity and is not liable to corporation tax. 12. TANGIBLE FIXED ASSErs Freehold Property Fixtures & Flttlngs Total COST OR VALUATION At 1 October 2023 Additions 280,000 314,888 29,488 594,888 29,488 At 30 September 2024 280,000 344,376 624,376 DEPRECIATION At 1 October 2023 Charge for period 22,407 5,600 216,748 19,144 239,155 24,744 At 30 September 2024 28,007 235,892 263,899 NET BOOK VALUE At 30 September 2024 251,993 108,484 360,477 At 30 September 2023 257,593 98,140 355,733 The freehold land and buildings were revalued to £280,000 on 30 September 2019 by Wilbys, an independent firm of chartered surveyors, on an open market existing use basis. If the freehold land and buildings had not been included at valuation they would have been included under the historical cost convention as follows: 2024 2023 Cost Accumulated depreciation 129,782 {77,892) 129,782 (75,300) 51,890 54,482
BARNSLEY THEATRE TRUST (1998) LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 11. 13. DEBTORS: Amounts falling due withln ong year 2024 2023 Trade debtors Other debtors Prepayments and accrued income 2,400 2,400 14. CREDITORS: Amounts falling due within one year 2024 2023 Bank loans and overdrafts (secured) Trade creditors Other taxes and social security Accruals & deferred income 6,700 27,479 1,800 541 11,595 1,800 13.395 36,520 15. CREDITORS.. Amounts falling after one year 2024 2023 Bank loans and overdrafts (secured) 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Other Assets (Liabilitles) Total Unrestricted funds Restricted fijnds Revaluation reserve 129,486 72,124 201,610 230,991 230,991 360,477 72,124 432.601 17. REVALUATION RESERVE Total Balance at 1 October 2023 Revaluation movement 230,991 Balance at 30 September 2024 230,991
BARNSLEY THEATRE TRUST11998) LIMITED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 12. Note 2024 2023 Turnover Ticket sales Pantomime sales Booking fees Bar tskings Ice cream income Programme adverts Donations 100 club income Theatre rental Sundry income 1,385 151,538 26,304 99,353 19,820 1,488 158,104 22,395 67,119 17,280 150 60.385 5,480 75,985 29,632 4,620 123,140 455,792 408,386 Cost of salès Opening stock Bar purchases Ice cream purchases Pantomime expenses Theatre and show expenses Volunteer expenses Fees and licenses Closing stock 1,048 40,124 10,715 51,355 23,257 1,048 32,852 10,779 61,659 26,947 2,788 (1,908) 4,844 (1,048) 127,379 137,267 Gross profit 328,413 271,119 other income Grant income and other income Bank interest received and gift aid 328,421 271,128 Adminlstratlon expenses 284,428 269,546 Exceptional ttom 27,736 Net (Loss) Profit 16,257 1,582
BARNSLEY THEATRE TRUST11998) LIMITED NOTES TO THE TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 13. 1. ADMINISTRATIVE COSTS 2024 2023 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 Telephone Legal fees Accountancy fees Bank card processing charges and machine rental Ticketsolve charges Bank loan interest Sundry expenses Depreciation 147,664 1,579 19,005 2.365 1,400 37,743 148 5,922 1,150 4,411 3,825 132,372 1,754 24,758 3,399 2,900 40,208 166 6,138 2,217 1,354 2,134 15 1,037 1,140 3,732 11,221 11,559 1,407 1,128 21,944 4,530 12,924 14,066 1,173 742 24,744 284,428 269,546
BARNSLEY THEATRE TRUST (1998) LIMrrED 14. INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES ON THE FINANCIAL STATEMENTS OF BARNSLEY THEATRE TRUST (1998) LIMITED We report on the accounts of Bamsley Theatre Trust (1998) Limited for the year ended 30 September 2024 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under sections 144 and 145 of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. It is our responsibility to.. examine the accounts (under section 145{3) of the 2011 Act). to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145{5} of the 2011 Act., and to state whether particular matters have come to our attention. Basis of independent examiner's report Our examination was carried out in accordan with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In connection with our examination, no matter has come to our attention.. (1) which gives us reasonable cause to believe that in, any material respect, the requirements.. to keep accounting records in accordan with section 130 and 131 of the 2011 Act" and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met,. or (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. C W Dix Limited Accountants & Business Advisors 4 Silkwood Court Wakefield WF5 9TP ZS