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← Burnley Youth Theatre

2025-03-31-accounts

Company registration number: 03178207 Charity registration number: 1054763

Burnley Youth Theatre

(A company limited by guarantee)

Annual Report and Financial Statements for the Year Ended 31 March 2025

KM 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BB11 1JG

Burnley Youth Theatre

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 16
Statement of Responsibilities 17
Independent Examiner's Report 18
Statement of Financial Activities 19
Balance Sheet 20
Notes to the Financial Statements 21 to 31

Burnley Youth Theatre

Reference and Administrative Details Reference and Administrative Details
Trustees Mrs K Allen
Mr A Anwar
Mr S L Cook
Mr G Davies
Mrs L Dixon
Mrs V A Holliday
Mr P Kenyon
Mrs R J Livermore
Mrs S Martin
M A Mirza
Mr A Preston
Mr J Shaw
Secretary Mr D H R Allen
Charity Registration Number 1054763
Company Registration Number 03178207
The charity is incorporated in England and Wales.
Registered Office Quarry Theatre
Queens Park Road
Burnley
Lancashire
BB10 3LB
Principal Office Quarry Theatre
Queens Park Road
Burnley
Lancashire
BB10 3LB
Independent Examiner KM
1st Floor, Block C
The Wharf
Manchester Road
Burnley
Lancashire
BB11 1JG
Bankers Unity Trust Bank PLC
4 Oozells Square
Birmingham
B1 2HB

Page 1

Burnley Youth Theatre

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025.

Trustees

Mrs K Allen Mr A Anwar Mrs D L Ashby (resigned 9th May 2025) Mr S L Cook Mr G Davies (appointed 17th March 2025) Mrs L Dixon Mrs V A Holliday (resigned 15th August 2024) Mr P Kenyon Mrs R J Livermore Mrs S Martin Mr M A Mirza (appointed 26th November 2024) Mr A Preston Mr J Shaw

Trustees appointed after the year end

Mrs V A Holliday (appointed 5th May 2025)

SUMMARY REVIEW BY THE CHAIR

At the start of the financial year our Artistic Director and CEO Karen Metcalfe announced she would be leaving the organisation in September 2024. This gave us ample time to plan for recruitment for her replacement, put in place essential handover arrangements and allocate other interim management duties and responsibilities. Our first recruitment process took place before the summer but was unsuccessful. This meant that we needed to put in place temporary leadership arrangements until a second recruitment process could be concluded. Vicky Holliday stepped down as a Trustee and took on this interim role from September.

As part of leadership interim arrangements we took the opportunity to reconfigure our senior team with enhanced roles of Head of Programmes and Artistic Producer making these permanent going forward, resulting in a strengthened management structure. During the year we also welcomed a new Marketing person and made important changes in our Front of House and Operations support. In January 2025 we successfully recruited and welcomed David Allen as our new Artistic Director and CEO.

Our financial situation continued to remain healthy showing strong performance in securing grants and commissions including; continuation funding from the Eric and Margaret Kinder Trust, extension funding from The Henry Smith Foundation, increased funding from the Shared Prosperity Fund, alongside a number of other project streams of income. Our income from external hires remained strong but there was some impact on further growth as a result of losing one of our regular hirers. We were able to meet our Reserves target and reviewed our banking arrangements to make best returns on interest and to spread investments across a number of providers.

Earned income pressures remained around income from workshop activities, ticket sales and general fundraising and donations. Pressures also remained in the education sector with a notable downturn in schools bookings for the Christmas production.

Page 2

Burnley Youth Theatre

Trustees' Report

Artistic achievements are detailed in other parts of this report but some highlights include; growth around our early years activities, Home Education/Alternative provision, a successful schools tour by our Byte Back young company of a new commission, ‘Jack and the Beanstalk,’ which was well received, growth and interest in our online offer including events such as those around ‘World Book Day,’ environmental and outdoor arts related activity featuring strongly across a number of our programmes, extending activities and opportunities for young people in technical and backstage skills. Great reviews were once again received for our Edinburgh Fringe production.

We had some changes in our Board of Trustees and undertook some targeted recruitment welcoming two new Board members. These new recruits will strengthen our Board in respect of community links and community fundraising and operational experience, supporting the executive team. Our Trustees also completed comprehensive refresher training around safeguarding.

We continued to take forward our investment in the upgrading of our facilities securing further funding from the LCC Better Care Fund to refurbish the toilets in the ‘Moira Preston Building’ and investment from Burnley Borough Council for the Sensory Room. This space, once completed, will offer both creative programming openings and new commercial opportunities. We set aside some of our own funding for further improvements to the ‘MP’ building to complete its refurbishment including the creation of a new entrance area, reception and kitchen. This will complete investments in the ‘MP’ Building making it more attractive to future hirers and for it to function as a more independent facility. In addition we continued to invest in our outdoor areas which have been further upgraded.

At year end we began preparations and requirements for Arts Council National Portfolio extension funding with future budget planning, modelling a number of financial scenarios.

Anthony Preston, Chair of Trustees

Page 3

Burnley Youth Theatre

Trustees' Report

The full cast of ‘Alice In Wonderland,’ our Christmas 2024 production

Page 4

Burnley Youth Theatre

Trustees' Report

OBJECTS, VISION, MISSION AND VALUES

Our Objects

The Charity’s objects are specifically restricted to the following:

To act as a resource for young people and children living in Lancashire by providing advice and assistance and organising programmes of activity, training and education as a means of:

A) Advancing in life and helping young people and children, improving their health and overall well-being by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals.

B) Advancing education and training in all aspects of arts and culture

C) Providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of such persons

Our Vision

Our vision is that all children and young people will access high quality arts and culture.

Our Mission

Our mission is to creatively inspire children and young people to take their next steps.

Our Values

We value:

Public Benefit

We understand the guidance provided by the Charity Commission in regards to providing Public Benefit and believe that we continue to provide high quality arts activities for all children and young people across Lancashire. Our programme of work is diverse and takes place in multiple locations, both on site at our venue and in community venues and schools, along with new avenues of engagement through digital spaces. Our pricing decisions are based on covering our costs and making our work as accessible as possible to all people. Where cost is a barrier for engagement we support participants through our financial bursary scheme. We believe that our work not only impacts on the children and young people taking part but also on the families, teachers and audiences who engage with, view and experience the diversity of our offer.

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Burnley Youth Theatre

Trustees' Report

Page 6

Burnley Youth Theatre

Trustees' Report

ARTISTIC REVIEW

“We’re so grateful to BYT. They’ve given [participant] a new lease of life. The staff are so welcoming and we can really see the difference it’s made. Their confidence has come on leaps and bounds”

Parent, Youth Theatre participant

Inclusive Youth Theatre, Workshops and Productions

Despite a period of organisational change Burnley Youth Theatre’s staff and freelance team rose to the challenge. We delivered an increase in the number of sessions over the previous year.

We provided a dynamic range of creative theatre workshops for young people funded by Arts Council England and The Eric and Margaret Kinder Charitable Trus t. We delivered exciting creative workshops for all ages and produced high quality productions with children and young people. We continued our specialist workshops including Creative Families (for under 5s and their parents / carers) and Connect (for children and young people with disabilities).

The now established ‘alternative youth theatre' programme with outdoor storytelling sessions ‘Wild Wonders,’ targeted developmental sessions for home educated young people and creative sessions for young families remained popular and is now a core strand of activity.

We ran a full programme of youth theatre productions including two devised productions ‘ Arcana’ and ‘ The Fortune Teller’s Secret', two scripted productions ‘The Secret Garden’, ‘Great Expectations.’ Th e Christmas production, ‘Alice In Wonderland’, ran for twelve shows- including two special performances for local schools - for friends and family and members of the public. Our young company First Byte Theatre devised their own show working with an experienced professional theatre director over a full year, culminating in taking an original piece of theatre ‘Everything, Something, Nothing’, which dealt with hard-hitting issues to the Edinburgh Fringe Festival in August 2024.

Page 7

Burnley Youth Theatre

Trustees' Report

‘Everything, Something, Nothing’

The ‘First Byte’ company perform their Edinburgh Fringe Show

OUTREACH

“I felt the project was amazing because I’ve never got an opportunity like this and had fun”

I, Aged 12, Participant Shared Prosperity Fund Project

Our work in communities outside of our building remains a core purpose. We are committed to making arts & culture accessible to young people and their families from all backgrounds . Burnley Youth Theatre’s outreach programme strives to reach those young people and families who may not usually access the arts; supporting them to participate in creative activities and improve their well-being, build confidence, develop transferable skills, deepen community bonds and widen their social network.

During 2024/25 we continued to focus on project based engagement with partners who support; children and young people with learning disabilities and access needs; families who do not currently access arts engagement; children, young people and families and the Global Majority; targeted youth community engagement; and targeted schools engagement, with a specific focus on alternative provision and special educational needs.

Through this strand of work, in 2024/25 we engaged 1,202 children, young people and families. Of those participants 13% chose to disclose a disability, 44% were from the Global Majority, and 86% had an address reported within the lowest 20 percentile of socio economic deprivation.

Page 8

Burnley Youth Theatre

Trustees' Report

The Henry Smith Foundation continues to be central to our work in this area by supporting us with a grant from their ‘Improving Lives’ fund. This has enabled us to work on fruitful, longer-term projects with committed partners such as New Neighbours Together and Downtown Burnley . We ran a total of 221 outreach sessions throughout the year.

Highlights of the year included strengthening partnerships with the South West Burnley network by programming professional theatre and outreach sessions for their ‘Diversity Week.’ In addition, we built new partnerships with Lancaster University to deliver ‘Home Is Where The Art Is,’ a multi-arts based creative response to Burnley Youth Theatre’s archive.

Schools Linking Project workshop with local primary school children

Page 9

Burnley Youth Theatre

Trustees' Report

EDUCATION

“A really enjoyable experience for myself and our students. We have all looked forward to being at BYT with the students enjoying ‘rubbing shoulders’ with students from other schools”

Mr B, Teacher, High School Diversity Project

This year we engaged with over 4,000 pupils in schools in Burnley and the surrounding area. Our education programme offers a creative approach to learning in educational settings including primary, secondary, special education and alternative provision schools. We provide programmes planned and delivered by trained arts professionals which support the curriculum and wider learning objectives complimenting school topics and themes, tackling specific attainment targets or supporting the needs of identified student groups.

We also tour performances with educational themes from our professional young company- Byteback- in schools. The highlight of Byteback’s year was ‘Jack and The Beanstalk,’ accompanied by a facilitated workshop, which dealt with themes related to climate change and environmental responsibility for pupils in primary schools. Commissioned by BYT the play was written, directed and performed by early stage professionals who have come through the Youth Theatre programme.

Burnley Youth Theatre is a key partner in delivering the Schools Linking project; going from strength to strength and engaging more schools each year. We welcomed 30 schools to our venue as part of the project with the addition of 4 nursery schools where we have developed and expanded our early years offer. In addition to this, we have delivered workshops featuring online safety, the environment and Shakespeare.

TALENT DEVELOPMENT

In addition to the opportunities Burnley Youth Theatre gives to young people to participate in arts and culture, we aim to further their development by providing opportunities to learn vocational skills. We provide work experience, volunteer, trainee and early-stage career opportunities. Many of those that benefit from these opportunities come through our youth theatre programme. Equally as important, many come to us through our connections with local schools and through our outreach work. We enabled:

• 71 volunteers to develop skills in workshop delivery, theatre production, technical theatre, stage management, costume, front of house, marketing and fundraising

• 9 Youth Board volunteers aged 11-18 to gain skills in leadership, consultation, idea generation and teamwork

• 7 trainees aged 16-25 who took part in paid placements including Workshop Leader, Front of House, Marketing and Technician

• 10 young people to be part of our First Byte Theatre Company - a year long opportunity for young people to train as performers / theatre makers and create an original production which they performed at the Edinburgh Fringe Festival in August 2024

• 41 freelance practitioners to gain paid work through our strands of activity; inclusive theatre, outreach, education and marketing

PROFESSIONAL PRODUCTIONS

Our nearest cities, with substantial cultural provision, are over 25 miles away. For many local families this journey and the costs associated with attending large theatres, is not part of their routine or budget. Therefore Burnley Youth Theatre has a key role in providing access to quality professional productions. In 2024/25 we programmed a mix of shows catering to young families teen audiences.

Page 10

Burnley Youth Theatre

Trustees' Report

REPRESENTING OUR COMMUNITY

We continued to make arts and culture accessible for all by opening the building with free activities targeting young families with Creative Families Days and Open Days.

With the support of Dan’s Trust we were able to continue our ‘Step In Financial Bursary Programme,’ which supports children and young people to ‘step in’ to our organisation and is aimed at those who may not normally be able to attend. 217 young people were supported with financial assistance to access workshops and performances.

Page 11

Burnley Youth Theatre

Trustees' Report

THEMATIC STRANDS

Equality, Diversity and Inclusion

Equality, diversity and inclusion is critical to our ambition for creating excellent art with and for children and young people and their families, and in reaching all families within the geographical area we serve and beyond. We are committed to creating a culture in which diversity and equality of opportunity are central. This includes participants we engage with, the audiences that we serve and professionals we work with. Discrimination in any form is not tolerated by Burnley Youth Theatre, and we believe that unless we proactively seek to positively include all members of the community we serve we will not extend our reach nor create great work.

Through our Equality and Diversity policy we set out five commitments for our approach to improving equality, diversity and inclusion within our organisation, and through our action plan set out clear targets across our programme delivery and staffing. Reporting on our progress in this area is a standard agenda item for our Board of Trustees and developing our understanding of each protected characteristic group features within our annual training plan for staff, volunteers and freelancers.

To improve access this year we have:

A ‘Wild Wonders’ session in BYT’s Storyteller’s Wood

Page 12

Burnley Youth Theatre

Trustees' Report

Environmental Responsibility

Burnley Youth Theatre remains committed to addressing climate change. We have an active environmental policy which underpins decisions on key service providers, capital decisions and day-to-day operations. For example, we have partially converted our theatre lighting from traditional bulbs to more environmentally sustainable LED. As funding becomes available we will complete this.

Environmental responsibility is a key theme in our creative output. The ‘Wild Wonders’ sessions which take place in our wooded outdoor area teach young people about sustainability and care for nature. Our most recently commissioned professional theatre show ‘Jack and the Beanstalk’ which toured primary schools, addresses climate change and the behaviours we can all learn to protect the planet.

DIGITAL

As with the sector in general, the demand for digital access to activities has decreased over time as audiences and participants have returned to venues following COVID - which was a key driver in organisations expanding their digital offer.

Reduced school trip budgets coupled with increasing associated travel costs has led to a new increased demand for digital access. We have had great success with digital storytelling events online; Aligning with World Book Day meant over 7,800 primary school children saw a Creative Team staff member bring ‘Speak Up!’ by Nathan Bryon to life online.

Burnley Youth Theatre continues to develop its digital offer. Our website, blog and social media sites continue to be effective tools for reaching new participants and partners.

The Operations & Marketing Team undertook a rigorous process to appoint a Customer Relationship Management (CRM) software provider. The objective is to improve operational and marketing efficiency with existing participants, audiences and partners. However, the project did not go as planned and we are re-visiting this in the coming year.

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Burnley Youth Theatre

Trustees' Report

Promotional Image for ‘World Book Day’ digital storytelling event

Page 14

Burnley Youth Theatre

Trustees' Report

FINANCIAL REVIEW

Investment Policy

At the year end our free reserves were held in Charifund Investment Units, which are administered by M&G Charities, a 1-year fixed rate bond account with Dudley Building Society (which matured in April 2025) and a 95-day access savings account with Hampshire Trust Bank.

Reserves Policy

At the year-end, free reserves amounted to £134,061 which was 12 weeks of turnover in order that we can continue our activities in the short term, maintaining staff levels and ensuring that our costs can be met should external fundraising fluctuate throughout the year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

Burnley Youth Theatre is a company limited by guarantee and a registered charity. We are governed by our Memorandum and Articles of Association dated 28th March 2012.

Organisational Structure

The Board of Trustees administer the organisation. They include the Chairperson, the Vice-Chairperson and the Finance Director. We also have a designated Trustee Safeguarding Lead. The Company Secretary may be a Trustee or a member of staff. The Board of Trustees appoint these roles at each Annual General Meeting.

The CEO/Artistic Director is appointed by the Board of Trustees to deliver the approved aims and objectives as detailed within the organisation’s strategic documents; the business plan, audience development plan, equality and diversity action plan and environmental action plan. They have delegated authority for decision making within the parameters of the approved annual budget.

The CEO/Artistic Director reports to and meets with the Board of Trustees on a quarterly basis and with the Finance Working Group monthly.

Recruitment and appointment of new Trustees

Trustees are recruited to our organisation based on skills, experience and knowledge. The Board of Trustees conduct a regular skills audit, identifying strengths and weaknesses within The Board. Open recruitment occurs to fill identified gaps for Trustee vacancies.

Trustees are appointed at the Annual General Meeting (AGM). Trustees may appoint a person willing to act as an additional trustee before an AGM is held: however, their continuation as a trustee must be ratified at the next AGM. As detailed within our Memorandum and Articles of Association, one third of the Trustees must retire at each AGM but may seek re-election by members of the charitable company attending the meeting (in-person and by proxy). No person under the age of 18 may be appointed as a trustee.

Induction of new Trustees

All new Trustees receive a thorough and structured induction with the CEO/Artistic Director and Chairperson:

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Burnley Youth Theatre

Trustees' Report

Related parties

Burnley Youth Theatre receives essential funding from Arts Council England and Burnley Borough Council. However the charity is independent of these funding bodies and they do not play a role in the governance of the organisation.

Risk management

The Trustees have a duty to identify and review the risks to which Burnley Youth Theatre is exposed and to ensure appropriate controls are in place to mitigate those risks. We conduct quarterly risk reviews that identify potential risks to the continuing operation of the organisation and which is reported to The Board.

The CEO/Artistic Director works with the Finance Working Group to ensure that appropriate controls are identified and put in place to provide reasonable assurance against the risks occurring.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on 24 September 2025 and signed on its behalf by:

......................................... Mr A Preston Trustee

Page 16

Burnley Youth Theatre

Statement of Responsibilities

The trustees (who are also the directors of Burnley Youth Theatre for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are 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.

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.

Approved by the trustees of the charity on 24 September 2025 and signed on its behalf by:

......................................... Mr A Preston Trustee

Page 17

Burnley Youth Theatre

Independent Examiner's Report to the trustees of Burnley Youth Theatre ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

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 statement

Since Burnley Youth Theatre'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 I am a member of the Association of Charity Independent Examiners, 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 Burnley Youth Theatre as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those 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.

...................................... Mark Heaton FCCA FCIE DChA KM 1st Floor, Block C The Wharf Manchester Road Burnley Lancashire BB11 1JG

24 September 2025

Page 18

Burnley Youth Theatre

Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income from:
Charitable activities
3
Investment income
4
Other income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Gains/losses on investment assets
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
15		 Unrestricted
£
326,899
8,336
16,229
351,464
(333,918)
(333,918)
2,396
19,942
57
19,999
169,968
189,967		 Restricted
£
108,876
-
-
108,876
(149,398)
(149,398)
-
(40,522)
(57)
(40,579)
1,238,714
1,198,135		 Total
2025
£
435,775
8,336
16,229
460,340
(483,316)
(483,316)
2,396
(20,580)
-
(20,580)
1,408,682
1,388,102		 Unrestricted
£
464,226
5,102
17,256
486,584
(482,310)
(482,310)
(1,478)
2,796
-
2,796
167,172
169,968		 Restricted
£
55,048
-
-
55,048
(33,290)
(33,290)
-
21,758
-
21,758
1,216,956
1,238,714		 Total
2024
£
519,274
5,102
17,256
541,632
(515,600)
(515,600)
(1,478)
24,554
-
24,554
1,384,128
1,408,682

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 15.

The notes on pages 21 to 31 form an integral part of these financial statements.

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Burnley Youth Theatre

(Registration number: 03178207) Balance Sheet as at 31 March 2025

Note
Fixed assets
Tangible assets
11
Investments
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: Amounts falling due within one year
14
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
15		 2025
£
1,218,165
41,806
1,259,971
59,044
143,269
202,313
(74,182)
128,131
1,388,102
1,198,135
189,967
1,388,102		 2024
£
1,262,937
79,410
1,342,347
52,711
70,712
123,423
(57,088)
66,335
1,408,682
1,238,714
169,968
1,408,682

For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 19 to 31 were approved by the trustees, and authorised for issue on 24 September 2025 and signed on their behalf by:

......................................... Mr A Preston Trustee

The notes on pages 21 to 31 form an integral part of these financial statements. Page 20

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

1 Charity status

The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.

The address of its registered office is: Quarry Theatre Queens Park Road Burnley Lancashire BB10 3LB

These financial statements were authorised for issue by the trustees on 24 September 2025.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

Burnley Youth Theatre 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 notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Deferred income

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received.

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Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

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.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including independent examination, 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

Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

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 Depreciation method and rate
Long leasehold 2% and 10% per annum straight line basis
Furniture and equipment 10% per annum straight line basis

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

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Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

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Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

3 Income from charitable activities

Unrestricted
General
£
Operation of theatre
173,750
Artistic Programme Commissions
39,750
BYT Artistic Programme
69,224
Fundraising
6,070
Business Development
38,105
326,899
Grants received, included in the above, are as follows:
Arts Council England
130,000
Burnley Borough Council
3,000
Garfield Weston
18,750
The Eric and Margaret Kinder
Charitable Trust
20,000
Dan's Trust
1,500
Moira Preston Trust
-
Burnley Rotary Club
500
Granada Foundation
-
Henry Smith Charity
-
Stocks Massey Bequest
-
Lancashire County Council
-
The National Lottery Heritage Fund
-
Christal Foundation
-
Cliviger Parish Fund
-
Burnley, Pendle, Rossendale CVS
-
The Ken Dodd Charitable
Foundation
-
Arts Council England - Capital
-
Burnley Borough Council - Sensory
-
Burnley Borough Council
Programme Grant
-
Community Foundation for
Lancashire
-
The Fort Vale Foundation
-
Burnley, Pendle, Rossendale CVS
-
Small Grants (less than £5,000)
-
Cliviger Parish Fund
-
Community Foundation for
Lancashire - Christal Foundation
-
Lancashire County Council
-
173,750
Page		 Restricted
£
108,876
-
-
-
-
108,876
-
-
-
-
-
-
-
-
57,722
1,000
-
-
-
-
-
-
-
619
2,000
3,530
4,000
20,000
4,413
6,630
3,725
5,237
108,876
24		 Total
2025
£
282,626
39,750
69,224
6,070
38,105
435,775
130,000
3,000
18,750
20,000
1,500
-
500
-
57,722
1,000
-
-
-
-
-
-
-
619
2,000
3,530
4,000
20,000
4,413
6,630
3,725
5,237
282,626		 Total
2024
£
374,073
22,035
67,543
9,178
46,445
519,274
130,000
3,000
22,500
20,000
4,000
1,000
500
2,000
59,168
-
17,013
32,084
150
12,610
10,000
5,000
55,048
-
-
-
-
-
-
-
-
-
374,073

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

4 Investment income

Dividends receivable
Interest receivable on bank deposits
5
Other income
Employment Allowance
Theatre tax relief
6
Expenditure on charitable activities
Note
Operation of theatre
Staff costs
8
Depreciation
Allocated support costs		 Unrestricted
General
£
Total
2025
£
4,558
4,558
3,778
3,778
8,336
8,336
Unrestricted
General
£
Total
2025
£
5,000
5,000
11,229
11,229
16,229
16,229
Unrestricted
Designated
£
General
£
Restricted
£
Total
2025
£
-
157,967
24,020
181,987
-
130,039
84,799
214,838
10,942
-
40,579
51,521
-
34,970
-
34,970
10,942
322,976
149,398
483,316		 Total
2024
£
4,690
412
5,102
Total
2024
£
5,000
12,256
17,256
Total
2024
£
222,176
227,796
43,855
21,773
515,600

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.

During the year, Mrs V A Holliday stepped down as a trustee in order to act as interim CEO. This was during the period of the previous CEO leaving (Mrs K Metcalfe) and the recruitment and appointment of the new CEO (Mr D Allen). Following the appointment of Mr D Allen, Mrs V A Holliday was reappointed as a trustee.

Page 25

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

8 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
Other staff costs		 2025
£
196,628
15,438
2,712
60
214,838		 2024
£
208,906
15,282
3,579
29
227,796

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

Theatre
No employee received emoluments of more than £60,000 during the year.
9
Independent examiner's remuneration
Examination of the financial statements
Other services
Payroll fees		 2025
No
14
2025
£
2,190
330
1,020
3,540		 2024
No
14
2024
£
2,100
489
960
3,549

10 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 26

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

11 Tangible fixed assets

Cost
At 1 April 2024
Additions
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
12 Fixed asset investments
Investments
Cost or Valuation
At 1 April 2024
Revaluation
Disposals
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Leasehold
property
£
1,733,228
-		 Furniture and
equipment
£
220,831
6,749
227,580
123,964
10,580
134,544
93,036
96,867
2025
£
41,806
Listed
investments
£
79,410
2,396
(40,000)
41,806
41,806
79,410		 Total
£
1,954,059
6,749
1,960,808
691,122
51,521
742,643
1,218,165
1,262,937
2024
£
79,410
1,733,228
567,158
40,941
608,099
1,125,129
1,166,070
Total
£
79,410
2,396
(40,000)
41,806
41,806
79,410

Page 27

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

13 Debtors

Trade debtors
Prepayments
Accrued income
14 Creditors
Trade creditors
Other creditors
Accruals
Deferred income
Deferred income
Deferred income at 1 April 2024
Resources deferred in the period
Amounts released from previous periods
Deferred income at 31 March 2025		 2025
£
5,685
15,634
37,725
59,044
2025
£
10,287
-
9,238
54,657
74,182
2025
£
41,936
(41,936)
54,657
54,657		 2024
£
15,465
1,596
35,650
52,711
2024
£
80
890
14,182
41,936
57,088
2024
£
57,257
(57,257)
41,936
41,936

Page 28

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

15 Funds

Unrestricted
General
Operation of theatre
Designated
Organisational development
Rooms to Do
Arts Council England Capital
- Match Funding
Total unrestricted
Restricted
Leasehold buildings -
restricted
Henry Smith Charity
Stocks Massey Bequest
Cliviger Parish Fund
Lancashire County Council
Community Foundation for
Lancashire - Christal
Foundation
Arts Council England -
Capital
Burnley Borough Council -
Sensory
Burnley Borough Council
Programme Grant
Community Foundation for
Lancashire
The Fort Vale Foundation
Burnley, Pendle, Rossendale
CVS
Small Grants (less than
£5,000)
Total funds		 Balance
at 1 April
2024
£
111,233
34,512
15,306
8,917
58,735
169,968
1,096,076
-
-
-
-
-
142,638
-
-
-
-
-
-
1,238,714
1,408,682		 Incoming
resources
£
351,464
-
-
-
-
351,464
-
57,722
1,000
6,630
5,237
3,725
-
619
2,000
3,530
4,000
20,000
4,413
108,876
460,340		 Resources
expended
£
(322,976)
(495)
(1,530)
(8,917)
(10,942)
(333,918)
(33,284)
(57,722)
(1,000)
(6,630)
(4,974)
(3,800)
(7,295)
(619)
(2,000)
(3,530)
(4,000)
(20,131)
(4,413)
(149,398)
(483,316)		 Transfers
£
Other
recognised
gains/(losses)
£
(8,056)
2,396
8,113
-
-
-
-
-
8,113
-
57
2,396
-
-
-
-
-
-
-
-
(263)
-
75
-
-
-
-
-
-
-
-
-
-
-
131
-
-
-
(57)
-
-
2,396		 Balance
at 31
March
2025
£
134,061
42,130
13,776
-
55,906
189,967
1,062,792
-
-
-
-
-
135,343
-
-
-
-
-
-
1,198,135
1,388,102

Page 29

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

Unrestricted
General
Operation of theatre
Designated
Organisational development
Rooms to Do
Arts Council England Capital
- Match Funding
Total unrestricted
Restricted
Leasehold buildings -
restricted
Arts Council England
Total funds		 Balance
at 1 April
2023
£
114,764
52,408
-
-
52,408
167,172
1,129,366
87,590
1,216,956
1,384,128		 Incoming
resources
£
486,584
-
-
-
-
486,584
-
55,048
55,048
541,632		 Resources
expended
£
(453,654)
(28,656)
-
-
(28,656)
(482,310)
(33,290)
-
(33,290)
(515,600)		 Transfers
£
Other
recognised
gains/(losses)
£
(34,983)
(1,478)
10,760
-
15,306
-
8,917
-
34,983
-
-
(1,478)
-
-
-
-
-
-
-
(1,478)		 Balance
at 31
March
2024
£
111,233
34,512
15,306
8,917
58,735
169,968
1,096,076
142,638
1,238,714
1,408,682

16 Analysis of net assets between funds

Unrestricted

Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets		 General
£
Designated
£
-
20,030
41,806
-
166,437
35,876
(74,182)
-
134,061
55,906
Unrestricted
General
£
Designated
£
-
24,223
79,410
-
88,911
34,512
(57,088)
-
111,233
58,735		 Restricted
£
1,198,135
-
-
-
1,198,135
Restricted
£
1,238,714
-
-
-
1,238,714		 Total funds
at 2025
£
1,218,165
41,806
202,313
(74,182)
1,388,102
Total funds
at 2024
£
1,262,937
79,410
123,423
(57,088)
1,408,682

Page 30

Burnley Youth Theatre

Notes to the Financial Statements for the Year Ended 31 March 2025

17 Related party transactions

There were no related party transactions in the year.

18 Mortgage

On 28th June 2005, The Arts Council of England obtained a legal charge over the land, and buildings erected there on, known as Burnley Youth Theatre, Queens Park Road, Burnley, amounting to £365,000.

Page 31