Charity registration number: 1041338
Yeadon Theatre Company
Annual Report and Financial Statements
for the Year Ended 30 April 2025
Yeadon Theatre Company
Contents (continued)
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 13 |
Yeadon Theatre Company
Reference and Administrative Details
Chairman P Poole Trustees P Poole C Almond R M Saville Charity Registration Number 1041338 Principal Office C/o Yeadon Town Hall High Street Yeadon LS19 7PP Independent Examiner A D Ormondroyd FCA Independent Examiner Tarn House, 77 High Street Yeadon Leeds West Yorkshire LS19 7SP
Page 1
Yeadon Theatre Company
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 30 April 2025.
Objectives and activities
Public benefit
The charity is a society which gives the opportunity for a diverse membership to become involved in planning and staging productions.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Structure, governance and management Financial instruments
Objectives and policies
The charity's only significant working capital requirement is to meet the costs of staging a performance before the full amount of ticket and other income has been realised. The charity maintains what they feel is a reasonable bank balance to mitigate this cashflow risk (and liquidity risk in general). The charity’s principal financial assets are bank balances, and it has no debt, so there is not deemed to be any significant credit risk.
Page 2
Yeadon Theatre Company
Trustees' Report (continued)
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... P Poole
Chairman and trustee
Page 3
Yeadon Theatre Company
Independent Examiner's Report to the trustees of Yeadon Theatre Company
I report to the trustees on my examination of the accounts of Yeadon Theatre Company for the year ended 30 April 2025.
Responsibilities and basis of report
As the charity trustees of Yeadon Theatre Company you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Yeadon Theatre Company's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of Yeadon Theatre Company as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
...................................... A D Ormondroyd FCA Independent Examiner Fox Jennings Cullen
Tarn House, 77 High Street Yeadon Leeds West Yorkshire LS19 7SP
Date:.............................
Page 4
Yeadon Theatre Company
Statement of Financial Activities for the Year Ended 30 April 2025
| Note Income and Endowments from: Donations and legacies Other trading activities Investment income 4 Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 13 |
Unrestricted funds £ 131 56,316 945 57,392 (41,608) (41,608) 15,784 15,784 62,435 78,219 |
Total 2025 £ 131 56,316 945 57,392 (41,608) (41,608) 15,784 15,784 62,435 78,219 |
Total 2024 £ 3,503 60,975 436 |
|---|---|---|---|
| 64,914 | |||
| (46,752) | |||
| (46,752) | |||
| 18,162 | |||
| 18,162 44,273 |
|||
| 62,435 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 13.
The notes on pages 7 to 13 form an integral part of these financial statements. Page 5
Yeadon Theatre Company
(Registration number: 1041338) Balance Sheet as at 30 April 2025
| Note Fixed assets Tangible assets 10 Current assets Cash at bank and in hand 11 Creditors: Amounts falling due within one year 12 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 13 |
2025 £ 47 78,844 (672) 78,172 78,219 78,219 78,219 |
2024 £ 71 63,007 (643) |
|---|---|---|
| 62,364 | ||
| 62,435 | ||
| 62,435 | ||
| 62,435 |
The financial statements on pages 5 to 13 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
......................................... P Poole Chairman and trustee
The notes on pages 7 to 13 form an integral part of these financial statements. Page 6
Yeadon Theatre Company
Notes to the Financial Statements for the Year Ended 30 April 2025
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Yeadon Theatre Company meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Grants receivable
Grants and donations are only included in the Income and Expenditure Account when the charity has unconditional entitlement to the resources
Donated services and facilities
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Page 7
Yeadon Theatre Company
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Equipment
Depreciation method and rate 25% reducing balance
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Page 8
Yeadon Theatre Company
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
Financial instruments
2 Income from donations and legacies
| Donations and legacies; Donations from individuals Total for 2025 Total for 2024 3 Income from other trading activities Events income; Other events income Membership subscriptions Total for 2025 Total for 2024 4 Investment income Interest receivable and similar income; Interest receivable on bank deposits Total for 2025 Total for 2024 |
Unrestricted funds General £ 131 131 3,503 Unrestricted funds General £ 53,356 2,960 56,316 60,975 Unrestricted funds General £ 945 945 436 |
Total funds £ 131 |
|---|---|---|
| 131 | ||
| 3,503 | ||
| Total funds £ 53,356 2,960 |
||
| 56,316 | ||
| 60,975 | ||
| Total funds £ 945 |
||
| 945 | ||
| 436 |
Page 9
Yeadon Theatre Company
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
5 Expenditure on charitable activities
| Note Depreciation, amortisation and other similar costs Allocated support costs Governance costs Total for 2025 Total for 2024 |
Unrestricted funds General £ 24 2,400 2,191 4,615 3,269 |
Total funds £ 24 2,400 2,191 |
|---|---|---|
| 4,615 | ||
| 3,269 |
6 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Other governance costs Total for 2025 Total for 2024 |
Unrestricted funds General £ 672 1,519 2,191 2,112 |
Total funds £ 672 1,519 |
|---|---|---|
| 2,191 | ||
| 2,112 |
7 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
8 Independent examiner's remuneration
| 8 Independent examiner's remuneration |
||||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Examination of the financial statements | 672 | 642 |
Page 10
Yeadon Theatre Company
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
9 Taxation
The charity is a registered charity and is therefore exempt from taxation.
10 Tangible fixed assets
| Cost At 1 May 2024 At 30 April 2025 Depreciation At 1 May 2024 Charge for the year At 30 April 2025 Net book value At 30 April 2025 At 30 April 2024 11 Cash and cash equivalents Cash at bank Short-term deposits 12 Creditors: amounts falling due within one year Accruals |
Furniture and equipment £ 800 800 729 24 753 47 71 2025 £ 67,081 11,763 78,844 2025 £ 672 |
Furniture and equipment £ 800 800 729 24 753 47 71 2025 £ 67,081 11,763 78,844 2025 £ 672 |
Total £ 800 800 729 24 753 47 71 2024 £ 51,622 11,385 |
|
|---|---|---|---|---|
| 800 | ||||
| 729 24 |
||||
| 753 | ||||
| 47 | ||||
| 71 | ||||
| 2025 £ 67,081 11,763 78,844 2025 £ 672 |
||||
| 63,007 | ||||
| 2024 £ 643 |
Accruals
Page 11
Yeadon Theatre Company
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
| 13 Funds Balance at 1 May 2024 £ Unrestricted funds General 62,435 Balance at 1 May 2023 £ Unrestricted funds General 44,273 14 Analysis of net assets between funds Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Incoming resources £ 57,392 Incoming resources £ 64,914 |
Resources expended £ (41,608) Resources expended £ (46,752) Unrestricted funds General £ 47 78,844 (672) 78,219 Unrestricted funds General £ 71 63,007 (643) 62,435 |
Balance at 30 April 2025 £ 78,219 |
|---|---|---|---|
| Balance at 30 April 2024 £ 62,435 |
|||
| Total funds at 30 April 2025 £ 47 78,844 (672) |
|||
| 78,219 | |||
| Total funds at 30 April 2024 £ 71 63,007 (643) |
|||
| 62,435 |
Page 12
Yeadon Theatre Company
Notes to the Financial Statements for the Year Ended 30 April 2025 (continued)
15 Analysis of net funds
| 15 Analysis of net funds | ||
|---|---|---|
| Cash at bank and in hand Net debt Cash at bank and in hand Net debt |
At 1 May 2024 £ 63,007 63,007 At 1 May 2023 £ 53,888 53,888 |
At 30 April 2025 £ 63,007 |
| 63,007 | ||
| At 30 April 2024 £ 53,888 |
||
| 53,888 |
Page 13
Yeadon Theatre Company
Statement of Financial Activities by fund for the Year Ended 30 April 2025
| Income and Endowments from: Donations and legacies Other trading activities Investment income Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total Unrestricted Funds 2025 £ 131 56,316 945 57,392 (41,608) (41,608) 15,784 15,784 62,435 78,219 |
Total Unrestricted Funds 2024 £ 3,503 60,975 436 |
|---|---|---|
| 64,914 | ||
| (46,752) | ||
| (46,752) | ||
| 18,162 | ||
| 18,162 44,273 |
||
| 62,435 |
This page does not form part of the statutory financial statements. Page 14
Yeadon Theatre Company
Detailed Statement of Financial Activities for the Year Ended 30 April 2025
| Income and Endowments from: Donations and legacies (analysed below) Other trading activities (analysed below) Investment income (analysed below) Total income Expenditure on: Charitable activities (analysed below) Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2025 £ 131 56,316 945 57,392 (41,608) (41,608) 15,784 15,784 62,435 78,219 |
Total 2024 £ 3,503 60,975 436 |
|---|---|---|
| 64,914 | ||
| (46,752) | ||
| (46,752) | ||
| 18,162 | ||
| 18,162 44,273 |
||
| 62,435 |
This page does not form part of the statutory financial statements. Page 15
Yeadon Theatre Company
Detailed Statement of Financial Activities for the Year Ended 30 April 2025 (continued)
| Donations and legacies Donations Other trading activities Members subscriptions Box office - Show Non ticket sales - Show Raffle - Show Investment income Interest received Charitable activities Costumes, makeup and props Venue Hire Sound Lighting Scenery and fittings Production and orchestra Royalties Hire of halls NODA subscriptions Insurance and license Refreshments and gratuities Cost of sales - Show Donations MD fee Producers fee Depreciation Rates Barclaycard machine charges Printing, postage and stationery Sundry expenses Accountancy fees Advertising and marketing |
Total 2025 £ 131 131 2,960 51,397 850 1,109 56,316 945 945 1,289 7,262 2,000 2,400 4,825 1,800 9,894 505 299 2,056 - - 1,363 2,400 3,300 24 (22) 321 102 95 672 1,023 41,608 |
Total 2024 £ 3,503 |
|---|---|---|
| 3,503 | ||
| 2,480 54,940 2,430 1,125 |
||
| 60,975 | ||
| 436 | ||
| 436 | ||
| 1,778 7,200 2,500 - 5,096 8,030 9,345 1,777 245 1,794 398 1,133 - 2,300 3,020 24 (11) 463 - 69 642 949 |
||
| 46,752 |
This page does not form part of the statutory financial statements. Page 16