NEW EARTH THEATRE LIMITED
REPORT AND FINANCIAL STATEMENTS
31st March 2024
COMPA1￿ REGIStRATION NUIABER: 3045132
CHAIJry REGISTRATION NUIABER 1047991
Frank S Laehman
31 Fairview Way
Edgware
Middlesex
HA8 8JE

NEW EARTH THEATRE LIMrfED
Legal and Administratlve Infomiatlon
31st March 2024
Company Reglstered Number
3045132
Registered Charity Number
1047991
Registered Office
38 Mayton Street
London
N7 6QR
Directors and Trustees
Wai Mun Yoon {Chatr)
Maninder Gill
RiGhard Shannc
Kithmini Wimaasekera
Katte Elston
Kai£huan Chao
Nithdas G8crye MarchaTKI
J8ffrey Feng
Grace Oon H￿1 Ng
Leo Marcus Wan
Resigned 26th June 2024
Appointed 29th September 2023. Resigned
19th September 2024
Appointed 4th September 2023
Appointed 4th September 2023
Examiner
Frank S Lachman
Chartered Accountant
31 FaiNi8w Way
Edgware
Middlesex
FIA8 8JE
Page 1

NEW EARTH THEATRE LIMITED
DIRECTORS. AND TRUSTEES. REPORT
The trustees. are also directors for the Purposes of ts Companies AGt. have pleasure in presenting tt*ir
report and the financial statements of th8 charity for the year endirKJ 31st Marth 2024.
DIRECTORS. RESPONSIBILMES
Company Law which is also applt(able io (tharitable cx)mpanies in EtMJland and Wales requires the directors.
who are also trustees of the company. to prepare financial statements for each financial year which givg a true
and fair view of the state of affaifs of the (>)mpany and of the results of the cC￿npanY for that peticd.
In praparing thoso fingnctal stgtemank. tha diro(aorpthst8eg 8r8 r8quirad to:
select suitable accounts'ro Fdici8s and apply them consist￿.
observe the methods and principles in the Chanties SORP
make judgements and estimates that are reasonable and PTudent
state whether applicab18 UK accounbng standards have been f(Alowed, subject to any material
departures disclosed arml explained in the financial statements;
prepare tho financial statements on tha going (t)n(*m basis unless il is in8ppropYiate to
presume that Ihe company will continue in business.
The direGtorsltrustees are responsible for keeping prop8r a￿)untIng records whith disdose with reasonable
accuracy at any tim8 the financial position of the r))mpany and to enable them to ensure that the financial
slatements comply with the Companies Act 2(K)6. They are also responsiblé for safeguarding the assets of the
company and hence for ta￿'n9 reasonable steps for the prevention and detection of fraud and other irregularities.
PRINCIPAL ACTivrfY AND CHAR￿ABLE OBJECTIVE
The principal activty of the company continues to be the prO￿￿tiOn, improvement arKI advancement of
education and the encouragement of the appreciation of the arts in all their aspects but primarily throu9h
the dramatic arts.
ORGANISATION AND cONS￿rUT10N
The company was intr￿pOrated on 11th April 1995 and is govem&l by its MemoraThdum and Artides of
Association. Company Registartion number 3045132.
The c￿MpanY adopted a new Memorandum and Arhdes on 1st Febnjary 2019.
The company is limited by guarantee and has no share capital. The guarantees of individual members are
Ilmited to £1.
The company is a registered charity, number 1047991.
The director5 of the LX)mpary form its Committee of Management artd Q)verning Bcmty and are empowered to
act as necessary in order for the company to fuffil its objectives. Directors may bg aFf)ointed by the members of
the company or fellow dIr8Ct￿S at any time.
Registered Office: 38 Mayion St￿( London N7 6QR.
On the 5th June 2020 the company changed its name to Earth Theatre Limited
PUBLIC BENEFIT
The Trustees confirm that in compaing Ihis report they have had due regard to the guidan￿ on public benefit
issued by the Charity Commission in compli8nc* Imth the duty set out in section 4 of the Charities Act 2006.
Page 2

NEW EARTH THEATRE LIMITED
DIRECTORS. AND TRUSTEES. REPORT (conllnued)
REVIEW OF DEVELOPMENTS, ACTivrriES AND ACHIEVEMENTS
New Earth Theatre is the leading British East and Southeast Asian (BESEA) touring theatre company in the UIQ Our mission
is to combat inequalty and racism bringing nuanced BESEA representatK)n to scale.
In 2023124, the company:
REACHED 31,688 AUDIENCE MEMBERS
3384 people attended WORTH by Joanne Lau. our new touring c&-production vrith Storyhouse that visited Arcola
Theatre (LDndon) and Storyhouse (Chester). Originally developed as part of our Professional Wtttet5 Programme.
the show ran for 31 productions Apr&tsy 2023.
We grew opp￿tUnitieS for our New Earth Academy alumni to develop their theatremaklng skllls by presenling scratch
nights in Manchoster. Birmingham. and London in Spring 2024.
We worked with writer Rogelio Braga and prOdU￿r Harris Albar to present a stsged reading of Bordedands at the
Royal Court to a sold out audience.
3954 visitors engaged with our James Robson tharacter enix)unter acn)ss 180+ perfonnances at the CLrtty Sark and
National Marilime Museum.
We ran 23 sch(K)Is and festivals wotkshop sessions in storyteuing. ribbon dance and Mandarin thiough drama.
Our Tsunagulconnect exhib1￿n travelled across the UK and was seen by over 22,1JXI people. induding in the
Orkney Islands and at the Barbican Centre, London.
Over 1000 lÉsteners tuned in online to our pcKlcasts and digital media contwrt, including the audio dining experiance,
Sonic Phu.
ENGAGED WITH 725 COMMUNITY MEMBERS
622 young people attended one of our ESEA storytetling sd)ools ￿￿rkshOps.
We held 4 listening s8ssions with BESEA communilies in London. Manchester. York. and Bimiingham, consulting
with 50 Academy alurnni, audiences and community members.
12 Filipino Nurses attended our project-speafic V￿rkshop in connection wth Border12nds at the Royal Court Theatre.
41 volunteers participated as arc*tvists and interviewees on the Tsunagu I Connect exhibition.
DEVELOPED OVER 500 ARTISTS
80 early-career BESEA artists participated in one of our 7 week-long New Earth Academy programmes in 5 regions
across England (Bimiingham, Leeds. London. Manthester. Stok&On-Trent). providing 240+ hours of free training.
Our scratch nights provided 62 eaty-career artists in London. Manchester, and Birmingham the chance to try out
their own play ideas.
29 BESEA graduates were seen by a panel of industry professionals for the Creative Constellations bursary, and 1
received £1.000 and a wraparound package of induslry-specffie support.
Our bi-weekly mailout of curated opportunities is sent to over 300 earty- to mid-c*reer BESEA artists.
We provided 20+ addilional artists mentoring. marketing support. fundraising advice. and other fomis of 1-1 support
from our stsff team throughout the year.
EMPLOYED 52 ARTISTS
30 freelance arttsts were employed through our professtonal t￿ring productK)ns. R&Ds and museum performances.
16 fre81ance BESEA artists were emplosed in delivering our academies and schools workshops.
6 global majority creats.ves V￿re ernploJEd as part-tsme or full-time rnern￿ of staff (4.2 FTES).
DIRECTORsrrRUSTEE3
The dlrectorsltrustees set out below have held office during the whde year of this report unless
olhemise stated:
Wai Mun Yoon (Chair)
Maninder Gill
Richard Shannon
Kithmini Wimaksekera
N￿hOlaS George fvlarchand
Katie Elston
Grac£ Oon Hooi Ng
Leo Marcus Wan
Appointed 4th Saptamber 2023
Appointed 41h September 2023
Appointed 29th Septembar 2023. Resigned 19th Saptembar
2024
KaFChuan Chao
Jeffray Feng
Pag8 3

NEW EARTH THEATRE UMrrED
DIRECTORS. AND TRUSTEES. REPORT {continuod)
RESERVES POLICY
The company endeavours to maintain a level of reserves that will enable rf the sthatton arises thal fur¥Jing is
curtailed, to cary on aclivlties whilst aliemalive S(￿rCeS of funding are obtained.
The unrestrithd reseNes as at 315t Marth 2024 were £179.330 (2023 £197,705)
The movement in reseNes 15 shown in tK)te 8 to the accounts.
ACCOUNTANTS
A resolullon proposlng the re-appointment of Frank S Lachman as IrKlepeThJant Exaffllner will be submitted at the
Annual General Meeting.
INVESTMENTS
The charlty has no Inveslmerts.
RELATED PARTIES
The charity has relationships wilh other Charit[￿ C￿ a project-by-proiect basts.
GOING CONCERN
The dlrectors confirm that:
A going concem basis is 8ppropriate for these accounts.
The company has SLfficient reserves to continue at least 12 M￿th$ after date of signing these accounts.
RISK MANAGEMENT
The company undertakes periodic reviews for dlfferent areas of risk induding insurance wver.l*alth and safety policies
in the Workpla￿ and whilst performing. working WTlh youro children.financial affairs: pe￿Onnel praCti￿S. ICT technology.
This report has been prepared in accordance with wovisions in ￿lon 419(2) of the Companies Act 20￿ applicable
to companles subject to the 3mall companies regime.
This reFM)rt was approved by the board on 18th December 2024
and signed on its beha
by Wai Mun Yoon
Wa
un Yoon
DI￿￿or
Ngw Earth Thgatrg Llmltgd
PwJe 4

NEW EARTH THEATRE LIMrrED
ACCOUNTANTS REPORT
Independent Exami￿￿5 Report on the Accounts
I report to the Charity trustees on my examinalion of Ihe accounts of the company for the year ended
31 st March 2024 vkntch are set out on pages 6 to 11 .
Responsibilities and basis of report
As the charitys trustees of the company (and aso its directors for the purposes of company law) ￿)U are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 21)06
('th8 2006 Act,).
Having satisfied myBelf that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and are eligible for ind8pendent examination, I report in respect of my examination of your charitys
accounts as Garried oui under section 145 of the Charities Act 2011 (the .2011 Act.). In Garying out my
examinatton I have followed the DirecLions grven by the Chality Commi&8ion urmler section 145(5)(b) of the 2011
Act.
Independent examinerfs report
Since the Gompanls gross income exceeded £250.000 your examiner must be a member of a bLxJy listed in
section 145 of the 2011 ACL I confirm that l am qua1ffj￿ to undertake the examination because l am a member
of the Institute of Chartered Accountants in England & Wales, which is one of the listed tKKlies.
I have completed my examination. I confirm that no fftatters have come to my attenlion in connedion with the
examination givin9 me cause to believe=
(l ) accounting records were not k8Pt in r8SP8Ct of the company as required by section 386 of Ihe 2006 Act: or
(2) the accounts do not accord wbth those accounting records. or
(3) the accounts do not ¢ompty vrith the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a Xrue and fail view which is not a matter ￿InSIdered as part of an
independent examination" or
{4) the accounts have not been prepared in 2ccordance with the methods principles of the Statement of
Recommended practice for accounting and reporting by charities applicable to chartiies preparing their accounts
in acwrdance with the Financial Reporb"ng Standard applicable in Ihe UK armj Republic of Ireland (FRS 102).
I have no concems and have come across no other matter5 in connection with the examination to ￿thIch attention
should be drawn in this r8POrt in order to enable a protw underslanding of the accounts to be reached.
Frank S Lachman FCA
Member Institute of Chartered Accountants in England and Wales
Chartered Accountant
Independent Examiner
31 Fairview Way
Edgware
Middlesex
HA8 8JE
Dat8J:
18th D￿rnL￿r 2024
Page 5

NEW EARTH THEATRE LIMITED
Statement of Flnanclal Actlvttles
For the Year Ended 31st March 2024
Unrestrictsd Restrfcted
Fund5
Funds
Total UnrestriGted Restrlcted
Funds
Funds
Funds
2024
Total
Funds
2023
Notes
Income
Legacies and don8tions
178220
178,220
178.220
178,220
Investment income
302
302
Charitable activities
74.303
124.819
199.122
84.513
23.900 108.413
Total income
254.863
124,819 379,682
263.035
23,900 286,935
Expenditure
Charitsblo Actlvlty Costs
273238
49.453
322.691
394,934
27.065 421,999
Total expenditure
273.238
49.453
322,691
394,934
27,065 421,999
Surplus for the year
(18.375)
75,366
56.991
(131,899)
13,165) (135,064)
Funds brought forward
197.705
14.923 212.628
329.604
18.088 347.692
Funds carried forward
179.330
90,289
269.619
197.705
14.923
212,628
The statement of Financial Activitles reflects the results of conlinuing actNthes for the year.
There were no recognised gains or losses other than the net outgomg resour￿ for the ￿Par.
The nel outgoing resources for the year have been calculated on the historical cJ)sl basis.
The notes on pages 8 to 11 fomi part of these accounts.
Page 6

NEW EARTH THEATRE LIMITED
Balanco Sheet at 31st March 2024
Notes
2024
2023
Current assets
Debtors
Cash at bank and in hand
45.943
167.985
271.141
Total current assets
272.047
213.928
Creditors falling due within one year
2.428
1.300
Net current a￿ts
269.619
212.628
Not assets
269,619
212,628
The Funds of the Charity
Restrictad Funds
14.923
Unrestrfcted Funds
179.330
197.705
Total Charfty Funds
269.619
212,628
a) For the year ended 31 March 2(r24 thè u)mpany vras entitled to exemption under secllon 477(2) of the
Companies AGt 21JO6.
(b) No members have requlred the company to obtaln an audit of its accA)unts for the year in queS￿n in
accordance wlth secuon 476 of Cornpanles Act 2006.
(c) The directors 8cknovAedg8 trbeir responsilAity for
i. ensuring the company keeps accountlng reccvth whith comply ￿ryth section 386: and
ii. preparing accounts which give a true and fair view of the state of affairs of Ihe company as at the end of
the financial year and of its profrt and loss for the financial year in ac(xJrdance with the section 393, and
whiGh olhefwlse compty with Ihe requirements of Ihe Companies Act relating io accounts, so far as
applicable to the company.
{d) The accounts have been prepar￿1 in accordance with the s￿￿al pn)visions in Part 15 of the
Companies Act 2006 applicable to companies subjeci to the small companies regime. and constitLrte
the annual aco)unts required by the Companies ACA 2(J)6 and are for circulation to members of the .
company
Approved by the directors on 18th Dacember 2024 . and stgned on
hdf
Wai Mun Yoc
aimuny
Dimtor
The notès on pag8s 8 to 11 form part of thase accounls.
Page 7

NEW EARTH THEATRE UMITED
Notes lo th• Financial Statements
For the Year Ended 31st March 2024
1 Accounting Polices
(a) The financial statements have been wepared in accordance wiEh Accounting and Reporting by Charities:
ststemenl of Recommended Practice applicable to chanties preparing their accounts in accordance ￿1th the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January
2022)- (Charities SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and the Companies Act 2006.
New Earth Theatre Limited rneets the definition of a public benefft entrty under FRS 102.
Assets and liabilities are initially recognise(l at hbstorical cost or transaction value unless otherwise stated in
the relevant a￿OUnting wlicy note(s).
{b) Income
Income is recognised when the charity has entitlemenl lo the funds. any perfomiance conditions attached to the iterns
of income have been met, it is probable that the incom& V￿11 bo roceiv9d and the amount can be measured rdiably.
Income from grants. vthether capital or revenue grants, is recognised ￿en the charity has entitlement to the funds, any
perfonnance conditions attached to the grants has been met. it is Ptobable that the income ￿11 be [￿1Ved and the
arnount can be measured reliably and Is nol deferred.
(c) Expendlture
All expendiiure is accounted for on an accruals basis. Eynditur8 is recognised onc8 therg is alggal or constructive
obligation to make a payment to a third paty. It is probable that settlernent wtll be required and the amount of the
obligation can be measured reliably.
Costs are allocated to a Lztegory either because suth (J)sts are directty inwrred in rdation to suth £xtegory. or
because they are support ￿$ts In respecl of whlch an apportionmenl has been made betsveen the categories.
Support costs consist of infrastructure costs for salaries. premises. office administration. Such costs are apportioned
on a reasonable and consistent basis to the various categories wlih a view to detemining. as accurately as possible,
the total resources expended for each category. The basis of appo￿"Onrnen1 used is erther a function of staff time
applied to a gÈven actwity, or an estimate of the propOr￿)n of c£*ts aswaated the $8me. or a ￿MbinatiOn of both.
Direct and Support costs are separately shown by natural dasstficatK)n in Note 5 to these accounts for each category
of cost.
(d) Taxation
The company as a Tegistered charity ( number 11)47991) is exempt from taxation on ￿K)St investment income insofar
as it is applie(J for chantable purposes. The company is also exempt from taxats'on on caprtal gains.
(e) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade dtscount offered.
P￿payrnents are valuèd at the amount prepaid net of any trade discounts due.
(fj Creditors and provisi(x
Creditors and provisions are recognised where the chaiity has a pr&sent obligation resulting from a past event that wll
probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or
estimated reliably. Credtlors and provisions are nomially recognised al their settlement amount after allowing for any
trade discount5 due.
Page 8

NEW EARTH THEATRE LIMrrED
Notès to the Flnanclal Statements
For the Year Ended 31st March 2024
2 Grants and donations
Unrestricted Restricted
Funds
Funds
Unrestricted Restrlcted
Funds
Fund5
2024
2023
Grants for General Running Costs
- Arts Council England
178,220
178.220
178,220
178,220
178,220
178.220
178,220
178.220
3 Charitable activity
Unrestricted Restricte(I
Funds
Funds
Unrestricted Restricted
Funds
Funds
2024
2023
Project Grants and donations
British Council
Heritage Lottery Fund
Paul Hamlyn Foundation
Esmee Fairbaim
Robert H N Ho Foundation
Donations
Covid SSP Grant
Theatre Tax Relief
5,000
5.000
7.790
7.790
73.666
30,000
16.153
73,666
30,000
16.153
2.342
16.110
16.110
2,199
2,342
2,199
43.836
43,836
15.624
15,624
46,178
124.819
170,997
17.823
23.900 41,723
TiGket sales, fees, commissions,
>productions
28.125
74,303
28,125
199.122
66,690
84,513
66,690
23,900 108,413
124.819
4 Charltable activity G¢)sts
Charitable
Support
Charitable
Activity
Costs Acllvlty Costs Costs
Governance
Costs
Total 2024
Charltable AGtivty Costs
Production costs
Marketing
18.276
86.252
20.297
104.528
20297
Support costs
Fees and vrages
Accountancy
Admin. post and telephone costs
Insurance
Website and IT
Subscriptions
Travel and Subsistence
Rent. utllities and storage
31,042
147.242
178.284
1,430
1,256
1.542
4,730
1,279
4,184
5.161
1.430
1.136
1,542
4.730
1,279
4.169
5.161
120
15
Total 2024
18.017
49.453
253.791
1.430
322,691
Page 9

NEW EARTH THEATRE UMrrED
Notes to the Financlal Statements
For the Year Ended 31st March 2024
Charitsble Charitablo
Support
Activity
Activity
Costs
Costs
Costs
Unrestrlcted Restrlcted Unrestrlcted
Govemance
Total
2023
Charhable Actlvlty Costs
Production costs
Marketing
27,065
192,090
26,696
219,155
26,696
Support costs
F8es and wages
Accountancy
Admin. post and telephon8 costs
Insurance
162,850
162,850
1.300
679
1.258
5,179
1,474
2.356
1,052
1.300
679
1.258
5.179
1.474
2.356
1,052
Website and IT
Subscriptions
Travel and Subsistence
Rent, utilities and storage
Total 2023
11,998
27,065
381,636
1,300 421,999
5 Employees
2024
2023
Salaries
Social Security costs
Pension
163.538
10.637
4,109
178,284
150.219
8.821
3.810
162,850
Avorage number of employees
No employee was paid at a Tate of more Ihan £60,000 a year. In 2023 none.
6 Debtors
2024
2023
Accrued income
Other debtors
44.555
1,388
906
7 Creditors due within one year
2024
2023
Accruals
2,428
2,428
1,300
1,300
Page10

NEW EARTH THEATRE LIMITED
Notes to the Financial Statements
For the Year Ended 31st March 2024
8 Reconciliation of movement of funds
Funds at
1st Aprll
2023
Funds at 31st
Income Expenses Transfers March 2024
Restricted Fund3
14,923
124,819
(49,453)
90,269
Unrestricted Funds
General
72,705
254.863
{273.238) (25,000)
29,330
Designated 125,000
25.000
150.000
212,628
379.882
(322.691
269,619
The above funds comprfse:
General Fund: ar8 moneys wh￿h can be used by tha Trustees at their discretion for any purpose
and which have been designated by them previousty
Designated Fund: are monies sel aside for planned future ptodudions and emergency reseThw.
9 Analysis of assets over funds
Net
Current
Total 2024 Totsl 2023
Restricted Funds
90.28g
go,289
14.923
Unrestricted Funds..
General
54.330
54.330
72.705
Designat&
125.000
125.000
125.000
269,619
269.619
212,628
10 Trusteos
During the year. none of the trustees received any remUneral￿n from ihe charity armd no eX￿nseS
were reimbursed to any of them.
Page 11