-
NEW EARTH THEATRE LIMITED
REPORT AND FINANCIAL STATEMENTS
31st March 2025
COMPANY REGISTRATION NUMBER:
3045132
CHARITY REGISTRATION NUMBER 1047991
Frank S Lachman
31 Fairview Way
Edgware
Middlesex
HA8 BJE
A14
13/12/2025
COMPANIES HOUSE
#34

NEW EARTH THEATRE LIMITED
Legal and Administrative Information
31st March 2025
Company Registered Number
Registered Charity Number
Registered Office
Directors and Trustees
Examiner
3045132
1047991
38 Mayton Street
London
N7 6QR
Hongwei Bao
Kai-Chuan Chao
Katie Elston
Jeffrey Feng
Maninder Gill
Nick Marchand
Grace Ng
Richard Shannon
Yuko Thomas
Leo Wan
Kithmini Wimalasekera
Wai Mun Yoon (Chair)
Frank S Lachman
Chartered Accountant
31 Fairview Way
Edgware
Middlesex
HA8 8JE
Appointed 30 October 2025
Resigned on 31 December 2024
Resigned 19 September 2024
Resigned on 24 September 2025
Resigned on 31 December 2024
Appointed 30 October 2025
Resigned 26 June 2024
Page 1

NEW EARTH THEATRE LIMITED
DIRECTORS' AND TRUSTEES' REPORT
The trustees, who are also directors for the purposes of the Companies Act, have pleasure in presenting their
report and the financial statements of the charity for the year ending 31st March 2025.
DIRECTORS' RESPONSIBILITIES
Company Law which is also applicable to charitable companies in England and Wales requires the directors,
who are also trustees of the company, to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the company and of the results of the company for that period.
In preparing those financial statements, the directors/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 UK accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the company will continue in business.
The directors/trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
PRINCIPAL ACTIVITY AND CHARITABLE OBJECTIVE
The principal activity of the company continues to be the promotion, improvement and advancement of
education and the encouragement of the appreciation of the arts in all their aspects but primarily through
the dramatic arts.
ORGANISATION AND CONSTITUTION
The company was incorporated on 11th April 1995 and is governed by its Memorandum and Articles of
Association. Company Registartion number 3045132.
The company adopted a new Memorandum and Articles on 1st February 2019.
The company is limited by guarantee and has no share capital. The guarantees of individual members are
limited to £1.
The company is a registered charity, number 1047991.
The directors of the company form its Committee of Management and Governing Body and are empowered to
act as necessary in order for the company to fulfil its objectives. Directors may be appointed by the members of
the company or fellow directors at any time.
Registered Office: 38 Mayton Street, London N7 6QR.
On the 5th June 2020 the company changed its name to New Earth Theatre Limited
PUBLIC BENEFIT
The Trustees confirm that in compiling this report they have had due regard to the guidance on public benefit
issued by the Charity Commission in compliance with the duty set out in section 4 of the Charities Act 2006.
Page 2

NEW EARTH THEATRE LIMITED
DIRECTORS' AND TRUSTEES REPORT (continued)
REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS
New Earth Theatre is the leading British East and Southeast Asian (BESEA) touring theatre company in the UK. Our mission
is to combat inequality and racism bringing nuanced BESEA representation to scale.
DIRECTORS/TRUSTEES
Hongwei Bao
Kai-Chuan Chao
Katie Elston
Jeffrey Feng
Maninder Gill
Nick Marchand
Grace Ng
Richard Shannon
Yuko Thomas
Leo Wan
Kithmini Wimalasekera
Wai Mun Yoon (Chair)
Appointed 30 October 2025
Resigned on 31 December 2024
Resigned 19 September 2024
Resigned on 24 September 2025
Resigned on 31 December 2024
Appointed 30 October 2025
Resigned 26 June 2024
With our 30th anniversary approaching in 2025, we welcomed new Artistic Director Ailin Conant. She took over from founder
member Kumiko Mendl, who stepped down on 31st March 2024, and joined Executive Director Lian Wilkinson as Co-CEO.
The company focused on organisational development and laying the groundwork for an ambitious 2025-26 and beyond, whilst
continuing to deliver an impactful programme for this financial year.
In 2024/25, the company:
REACHED 31,647 AUDIENCE MEMBERS
5456 visitors engaged with our James Robson character encounter across 216 performances at the Cutty Sark and
National Maritime Museum.
Our Tsunagu/Connect exhibition was seen by 26099 people at the London Coliseum and Hoxton Hall.
We partnered with Kali Theatre and Tara Theatre to present Seedlings: A Climate Justice Festival.
•
Sonic Phở continues to be offered online with the Museum of the Home and as a live event.
ENGAGED WITH 1470 COMMUNITY MEMBERS
1092 young people and families attended an ESEA workshop. We ran 32 schools and festivals workshop sessions
in storytelling, shadow puppetry and Mandarin through Drama.
We held safe space sessions to support our communities as a response to harmful narratives in the media and
élsewhere, including in the wake of anti-immigration protests.
We delivered targeted audience development initiatives attracting 39 BESEAs in Liverpool and Newcastle, including
listening sessions and theatre visits.
285 participants joined us at panel discussions and presentations; including an Embassy Retrospective at the Royal
Central School of Speech and Drama.
DEVELOPED OVER 500 ARTISTS
•
.
67 early-career BESEA artists participated in one of our 7 week-long New Earth Academy programmes in 5 regions
across England (Birmingham, Leeds, London, Manchester, Stoke-On-Trent), providing 240+ hours of free training.
44 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 industry-specific support.
Our bi-weekly mailout of curated opportunities is sent to over 350+ early- to mid-career BESEA artists.
We provided 35+ additional artists mentoring, marketing support, fundraising advice, and other forms of 1-1 support
from our staff team throughout the year.
EMPLOYED 49 ARTISTS
42 freelance artists were employed through commissions, performances, academies and schools workshops..
7 BESEA creatives were employed as part-time or full-time members of staff (4.5 FTEs).
Page 3

NEW EARTH THEATRE LIMITED
DIRECTORS' AND TRUSTEES' REPORT (continued)
RESERVES POLICY
The company endeavours to maintain a levei of reserves that will enable it, if the situation arises that funding is
curtailed, to carry on its activities whilst alternative sources of funding are obtained
The unrestricted reserves as at 31st March 2025 were £275,815( 2024 £179, 330)
The movement in reserves is shown in note 8 to the accounts.
ACCOUNTANTS
A resolution proposing the re-appointment of Frank S Lachman as Independant Examiner will be submitted at the
Annual General Meeting.
INVESTMENTS
The charity has no investments.
RELATED PARTIES
The charity has relationships with other charities on a project-by-project basis.
GOING CONCERN
The directors confirm that:
A góing concern basis is appropriate for these accounts.
The company has sufficient reserves to continue for at least 12 months after the date of signing these accounts
RISK MANAGEMENT
"The company undertakes periodic reviews for different areas of risk including insurance cover, health and safety policies
in the workplace and whilst performing, working with young children, financial affairs; personnel practices; ICT technology.
This report has been prepared in accordance with the provisions in Section 419(2) of the Companies Act 2006 applicable
to companies subject to the small companies regime.
This report was approved by the board on 11 Der 2025
and signed on its behalf by Wai Mun Yoon
Wai Mun Yoon
Director
New Earth Theatre Limited
Page 4

NEW EARTH THEATRE LIMITED
ACCOUNTANTS REPORT
Independent Examiner's Report on the Accounts
I report to the charity trustees on my examination. of the accounts of the company for the year ended
31st March 2025 which are set out on pages 6 to 11 .
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
(the 2006 Act).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act). In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011
Act.
Independent examiner's report
Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because 1 am a member
of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
(1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
(2) the accounts do not accord with those accounting records; or
(3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
(4) the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended practice for accounting and reporting by charities applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Frank S Lachman FCA
Member Institute of Chartered Accountants in England and Wales
Chartered Accountant
Independent Examiner
31 Fairview Way
Edgware
Dated: 11 Dee 2025
Middlesex
HA8 8JE
Page 5

NEW EARTH THEATRE LIMITED
Statement of Financial Activities
For the Year Ended 31st March 2025
Notes
2
3
Unrestricted Restricted
Funds
Funds
Total
Funds
2025
Income
Legacies and donations
Investment income
Chantable activities
Total income.
Expenditure
Charitable Activity Costs
Total expenditure
Surplus for the year
Funds brought forward
Funds carried forward
178,220
4,701
40,269
223,190
-
-
31,515
31,515
178,220
4,701
71,784
254,705.
Unrestricted
Restricted
Funds
Funds
Total
Funds
2024
178,220
2,340
74,303
254,863
-
-
178,220
2,340
124,819
199,122
124,819
379,682
4
126,705
126,705
121,804
121,804
248,509
248,509
273,238
273.238
96,485
179,330
(90,289)
90,289
6,196
269,619
(18,375)
197,705
8
275,815
275,815
179,330
The statement of Financial Activities reflects the results of continuing activities for the year.
There were no recognised gains or losses other than the net outgoing resources for the year.
The net outgoing resources for the year have been calculated on the historical cost basis.
The notes on pages 8 to 11 form part of these accounts.
49,453
49.453
75,366
14,923
90,289
322,691
322,691
56,991
212,628
269,619
Page 6

NEW EARTH THEATRE LIMITED
Balance Sheet at 31st March 2025
Notes
2025
2024
Current assets
Debtors
Cash at bank and in hand
Total current assets
6
1,048
454,917
455,965
906
271,141
272,047
Creditors falling due within one year
Net current assets
7_180,150
2,428
Net assets
275,815
275,815
269,619
269.619
The Funds of the Charity
Restricted Funds
Unrestricted Funds
8
Total Charity Funds
275,815
275,815
90,289
179,330
269,619
a) For the year ended 31 March 2025 the company was entitled to exemption under section 477(2) of the
Companies Act 2006
(b) No members have required the company to obtain an audit of its accounts for the year in question in
accordance with section 476 of the Companies Act 2006.
(c) The directors acknowledge their responsibility for:
i. ensuring the company keeps accounting records which comply with section 386; and
ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of
the financial year and of its profit and loss for the financial year in accordance with the section 393, ano
which otherwise comply with the requirements of the Companies Act relating to accounts, so far as
applicable to the company.
(d) The accounts have been prepared in accordance with the special provisions in Part 15 of the
Companies Act 2006 applicable to companies subject to the small companies regime, and constitute
the annual accounts required by the Companies Act 2006 and are for circulation to members of the.
company
Approved by the directors on |/ VeL 202 , and signed on their behalf by Wai Mun Yoon
Director
:.
The notes on pages 8 to 11 form part of these accounts.
Page 7

NEW EARTH THEATRE LIMITED
Notes to the Financial Statements
For the Year Ended 31st March 2025
1 Accounting Polices
(a) The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with 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 meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy note(s).
(b) income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items
of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from grants, whether capital or revenue grants, is recognised when the charity has entitlement to the funds,
any performance conditions attached to the grants has been met, it is probable that the income will be received and
the amount can be measured reliably and is not deferred.
(c) Expenditure
All expenditure is accounted for on an accruals basis. 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.
Costs are allocated to a category either because such costs are directly incurred in relation to such category, o
because they are support costs in respect of which an apportionment has been made between 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 with a view to determining, as accurately as possible,
the total resources expended för each category. The basis of apportionment used is either a function of staff time
applied to a given activity, or an estimate of the proportion of costs associated with the same, or a combination of both.
Direct and Support costs are separately shown by natural classification in Note 5 to these accounts for each category
of cost.
(d) Taxation
The company as a registered charity (number 1047991) is exempt from taxation on most investment income insofar
as it is applied for charitable purposes. The company is also exempt from taxation on capital gains.
(e) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered
Prepayments are valued at the amount prepaid net of any trade discounts due.
(f) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will
probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any
trade discounts due.
Page 8

NEW EARTH THEATRE LIMITED
Notes to the Financial Statements
For the Year Ended 31st March 2025
2 Grants and donations
Unrestricted
Funds
Grants for General Running Costs
- Arts Council England
3 Charitable activity
Project Grants and donations
British Council
Paul Hamlyn Foundation
Esmee Fairbairn
Robert H N Ho Foundation
Donations
'National Lottery Heritage Fund
Create Equity
Garfield Weston Foundation
Idlewild Trust
Backstage Trust Foundation
Theatre Tax Relief
Deferred Grants Carried Forward
Ticket sales, fees, commissions,
co-productions
4 Charitable activity costs
Charitable Activity Costs
Production costs
Marketing
Support costs
Fees and wages
Accountancy
Consultancy
Admin, post and telephone costs
Insurance
Website and IT
"Subscriptions
Travel and Subsistence
Rent, utilities and storage
Total 2025
178,220
178,220
Unrestricted
Funds
:
3,440
3,440
36,829
40,269
Support
Costs
Unrestricted
:
350
1,889
1,542
6,446
600
76
5,990
16,893
Restricted
Funds
-
Restricted
Funds
73,667
38,400
47,028
2,000
15,000
7,000
13,500
(165,080)
31,515
31,515
Charitable
Activity Costs
Restricted
13,589
2,080
86,711
8,300
3,068
1,125
6,556
121,804
Page 9
2025
178,220
178,220
2025
-
73,667
38,400
3,440
47,028
2,000
15,000
7,000
13,500
(165,080)
34,955
36,829
71,784
Charitable
Activity
Costs
Unrestricted
30,234
5,173
72,905
-
-
:
108,312
Unrestricted
Funds
178,220
178,220
Unrestricted
Funds
:
:
2,342
43,836
46,178
28,125
74,303
Governance
Costs
:
1,500
-
:
1,500
Restricted
Funds
:
Restricted
Funds
5,000
73,666
30,000
16,153
-
124,819
124,819
Total 2025
43,823
7,253
159,616
1,500
8,650
4,957
1,542
6,821
600
1,201
12,546
248,509
2024
178,220
178,220
2024
5,000
73,666
30,000
16,153
2,342
:
43,836
170,997
28,125
199,122

NEW EARTH THEATRE LIMITED
Notes to the Financial Statements
For the Year Ended 31st March 2025
Support.
Costs
Unrestricted
Charitable
Activit
Restricted
Charitable Activity Costs
Production costs
Marketing
Support costs
Fees and wages
Accountancy
Admin, post and telephone costs
Insurance
Website and IT
Subscriptions
Travel and Subsistence
Rent, utilities and storage
Total 2024
:
18,276
:
1,136
1,542
4,730
1,279
4,169
5,161
18.017
31;042
120
:
:
49,453
5 Employees
2025
Salaries
Social Security costs
Pension
150,882
5,058
3,675
159,615
Average number of employees
6
No employee was paid at a rate of more than £60,000 a year. In 2024 none.
6 Debtors
Other debtors
2025
1,048
1,048
7 Creditors due within one year
Deferred grants
Deferred income
Other taxes
Creditors
Accruals
2025
165,080
6,440
591
5,811
2,228
180,150
Page10
Charitable
Activity
Costs
Unrestricted
86,252
20,297
147,242
:
253,791
2024
163,538
10,637
4,109
178,284
6
2024
906
906
2024
2,428
2,428
Governance
Costs
:
1,430
.
1,430
Total
2024
104,528
20,297
178,284
1,430
1,256
1,542
4,730
1,279
4,184
5,161
322,691

NEW EARTH THEATRE LIMITED
Notes to the Financial Statements
For the Year Ended 31st March 2025
8 Reconciliation of movement of funds
Funds at
1st April
2024
Restricted Funds
90,289
Unrestricted Funds
General
54,330
Designated
125,000
269,619
- -
Income Expenses Transfers
31,515
(121,804)
-
223,190
-
254,705
(126,705)
-
(248,509)
(125,000)
125,000
Furids at 31st
March 2025.
-
25,815
250,000
275,815
The above funds comprise:
General Fund: are moneys which can be used by the Trustees at their discretion for any purpose
and which have not been designated by them previously
Designated Fund: are monies set aside for planned future productions and emergency reserves.
Analysis of assets over funds
Restricted Funds
Unrestricted Funds:
General
Designated
Net
Current
Assets
-
25,815
250,000
275,815
Total 2025 Total 2024
-
90,289
25,815
250,000
275,815
54,330
125,000
269.619
10 Trustees
During the year, none of the trustees received any remuneration from the charity and no expenses
were reimbursed to any of them.
Page 11