PEISPEryIrfES
NEW PERSPECTIVES THEATRE COMPANY
(A Gompany limited by guarantee)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
COMPANY NO: 3240198
CHARITY NO: 1058309

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The Trustees are pleased to present their Annual Report together wth the financial statements of the
charity for the year ended 31 March 2024 which are also prepared to meet the requirements for
Trustees Report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the
Memorandum and Articles of Association, Accounts and Reporting by Charities: Statement of
Re¢o.mmended PraGtice applicable to charities preparing their accounts in accordance with the--.
Financial Reporting Standard in the UK and Republic of Ireland (FRS102).
Chair's Statement
This year I was delighted to see plans set out as part of our new funding agreement with Arts Council
England come into fruition as we entered the company's 50¢h anniversary year. This is a tremendous
milestone, and the company archive, held as a special collection at the University of Nottingham, has
provided a great source of infomiation and context to how the leadership, governance and the external
environment has influenced development of the organisation across the 50 years. l am proud of the
team and their ability to see beyond the obvious financial challenges, the impact of increases in
material costs and the cost-of-living crtsis, in their approach to developing new work and supporting
emerging artists.
Highlights of the year include:
Our commitment to excellen￿ and diversity which was clearfy demonstrated through our
touring productions We Need New Names and Model Village- from the stories we tell, the
creatives we work with to imagine and present them, the range of pla￿S we tour to and the
conversats'ons we spark.
How the team have collectively embedded engagement into the work, whether that be
demystifying the artistic process through Q&A's running alongside performanos of We Need
New Names or handing the creative decision over to the audiences in Model Village, where the
end of the piece was put to a vote in each village hatl and then the collective singing of an
anthem.
The relationshlps we developed by championing emerging and citizen artists through our New
Associates and Open Pitch programmes and developing both venue and creative partnerships
which are vital to our future growth
l am delighted that New Perspectives has been selected in first round of organisations announced to
join the Ramps on the Moon Change Partner programme. This will help us to embed anti-ablism in the
heart of what we do. l also endorse the company's pledge to meet the Theatre Green Book BASIC and
look fO￿ard to leaming how this infoms developing a roadmap to net zero.
I should like to take this opportunity to thank both the Executives and the stsff team as well as my
fellow Trustees for their hard work, commitment, advocacy and supporL As a result, New Perspectives
enters its sixth decade as an innovative force across the region with much to shout aboutl
Sarah Hall (Chair)

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES
Objectlves & Activitles
New Perspectives is a Nottingham based theatre company touring relevant ambib'ous productions
across the UK championing underrepresented Vol￿$. Through our development programmes including
New Associates and Open Pitch, we nurture existing and uneath new talent
.Our.ovei-arching aim.is.to open.up.creative thought processes, so newperspectives caff ert)e"rg"e'
through the stories we showcase and the audiences who watch and talk about them.
We are groundbreaking In the depth we offer to programmes and to the stories we showcase.
Our work is ￿ntred around three core values:
Ambitious.. We are ambitious in our storytelling, in our production values, in our creativity, in our
mission and in our expectations.
Relevant: We ensure that the stories we tell are relevant to audiences, that our development
programmes are representative of relevant social and cultural issues. that our work systems and
processes are relevant and current and that we embrace access to and innovation within storytelling
Transformative: That the stories we tell, the experiences we create, the way we interact with one
another, are transformative encounters.
We strive to diversify income sources to remain resilient and a3ile and demonstrate robust governan
and efficient use of resources.
New Perspectives began in 1973 with a clear objective: to bring an urgent story to a new audience.
Building on our solid foundations, we ensure that all of the audiences and artists we encounter are
exposed to a regional company which demonstrates:
Greater diverslty: advocating for diversity and intemationalism in the touring sector through our
programming choices are well as through the artists we work with and the audiences we reach
Deeper engagement.. offering longer tem support and developing networks for emerging and mid-
career talent in our region to have greater impact on their career trajectories
Increased resilience.. expanding our base of donors and partners through increased fundraising activity
and long-tem artisti¢ planning

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES
Mlssion
New Perspectlves is the leading touring theatre company in the East Midlands, known for its ambitious
productions and impactfijl storytelling. We create new plays that resonate with diverse aUdIen￿S in
both rural and urban settings and through New Associates and Open Pitch we actively support
emerging arknsts throughout the region.
Our mission is,to. enrich.the. cultural landscape by amplifying unheard vol￿5 and diverse perspectiveg."
We alm to create meaningful connections that inspire dialogue and ensure theatre remains accessible
and relevant to all.
Publlc Benefit
We have a strong commitment to the East Midlands region within Nottinghamshire, Derbyshire,
Lincolnshire, Northamptonshire, Leicestershire and Rutland. This is characterised by a diverse
landscape, economy and population, including large conurbations and rural areas. Removing barriers
of location, age, culture and socio-economic ststus fuels our ambition to bring audiences into close
contact with the highest quality of new work.
We develop new plays. new audiences and new arttsts across the East Midlands and beyond. We
make a distinct cultural footprint as rural champion advocating for equal aC￿S to theatre and as a vital
contributor to the wider national theatre ecology.
Creating a diverse brand of live theatre that is recognised as challenging, original and unalraid
to take bold creative risks
Empowering artists and theatre-makers across the region with knowledge, skills and increasing
ne￿orkS through the development of small-scale and rural touring theatre
Engaging regional audiences by widening access to high quality live performance regardless of
age. social class, ethnicity, gender, disability or geographic location
We maintain the highest levels of artistry and production values in all our work, and deliver a
programrne of wider cultural Significan￿ and therefore able to advan￿ the arts through regular critical
analysis of the work we create. Our productions are a testament to the fact that rural theatre is as
relevant, challenging and dynamic as theatre made for any other environment.
The Trustees have complied with their duties under Section 17(5) of the 2011 Charities Act.

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES
Achievemènt and Perfomiance
We began the year scoping activities to mark New Perspectives, 501h anniversary year (October 2023 -
2024). Kicking off with Model Village a commission for an autumn rural tour. This presented an
opportunity to re-connect with people key to the New Perspecttves journey, collecting memories from
audience members and colleagues and creating a NP50 podcast series, in conversats'on with key
.figures involved in shaping and stewarding the company from 1973..
Our first co-production with new writing company Fifth Word enabled us to continue conversations with
studio theatre programmers and make new connections. The continued increase in Theatre Tax Relief
rates by the Chancellor continues to help us and partners to invest in productions, in the midst of rising
costs.
In 2023-24 we provided full or part-time employment to: a core staff team of 7 people, Assistant
Director paid placements and 41 freelance creatives across the year. We successfully completed our
first of three years National Portfolio Funding from Arts Council England. and a natural synergy is
evident be￿een our work and the Le¥s Create strategy.
Touring Theatre
We began the year joining forces with new vrfriting company Fifth Word to co-produce the UK stage
premiere of Noviolet Bulawayo's defiant coming-of-age story We Need New Names. Based on the
novel by the first Black African woman and first Zimbabwean to be Booker Prize-shortlisted, adapted for
the stage by Mufaro Makubika, a Nottingham based Zimbabwean bom playwright and directed by
Monique Touko, 2022 Stage Debut Award for Best Director, with a cast of 6 actors with East African
heritage. The production, in association with Brixton House, embarked on 2 7-week UK tour opening in
Brixton with perf0mlan￿S in Bristol, Derby Manchester. Oxford, Peterborough, Newcastte, Nottlngham
and Sheffleld.
he &'gnificance of this play will remain immeasurdble. The Stage
'Playful staging...smart dramatisatiorf, The Guardian
he kind of story that should be told acmss all of our theatres. All That Dazzles
WE NEED NEW NAMES
Based on the book by Noviolet Bulawayo
Adapted for the stage by Mufaro Makubika
Dlrected by Monique Touko
Set and Costume Design by Ingrid Hu
Lighting Design by Adam King
Original Compositions by Tendai Humphrey Sitima
Sound Design by Edward Lewis
Choreography by Ricardo da Silva
Assistant Director Jordi M. Carter
Creative Associates: Nic Wass, Anna Himali Howard and Zodwa Nyoni
Casting by Lucy Jenkins CDG and Sooki Mcshane CDG
Stage Manager Alyssa Watts
Production Manager Alison Willcox
Cast.. Munashe Chirisa, Anashe Danai. Princess Khumalo, Tatenda Mademombe. Lulwesa Mwamba,
Kalungi Ssebandeke

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES- Continued
We followed in Autumn 2023 with a new commission by Anlta Sullivan to mark the start of the
companies 50th anniversary year. Featuring a 3-strong cast of actors each with a Midlands connection
this also gave the opportunity to provide a paid Assistant Director opportunity to a regional artist. This
playful 2nd subversive new sats're, specifically created for rural touring. invited audiences into a fictional
village and it's failing miniature Model Village and as the drama played out they became townsfolk.
joining in singing the village anthem and voting on one of endings of the play. Audience members
were encouraged to join online singing sessions in advance and the production toured.to community.
spaces in Nottinghamshire, Derbyshire, LeI￿sterShire, Lincolnshire, Northamptonshire, Rutland, West
Midlands and Dorset,. including levelling up places Clipstone, Grimsby and Warsop.
"Compounding entertainment and food for thought. Model Village embodies its message about the
small Garying powe¢, The Independent
°A gem of a plaf LeftLion
MODEL VILLAGE
by Anita Sullivan
Directed by Angharad Jones
Set and Costume Design by Gemma Caseley-Kirk
Lighting Design by Alexandra Stafford
Composer Nick Underwood
Sound Design by Adam P Mccready
Movement Consultant Tina Carter
Assistant Director & composer of This is OurHouse Martha Kent
Podcast extracts recorded by Joanna Lumley
Train announcement recorded by Mark Radcliffe
Stage Manager Miles Cruden Smith
Production Manager Alison Willcox
Cast.. Duane Hannibal, Abigail Pidgeon. Lee Rufft)rd
Digltal Broadcast
Where l Belong joined previous audio works PlaGePrints and the audio book Voice of the Fire as an
exciting 12-part podcast series. Thts collection of short p￿rnS and stories from twelve writers living in
Baghdad and Nottingham, offers a unique window into the lives of those in two distinct UNESCO Cities
of Literature, featuring original writs'ng from emerging and established artists, with an emphasis on
under-represented voices.
Each episode was developed through online conversations which began in 2023, pairing 6 writers In
Nottingham with 6 writers in Baghdad, to reflect and explore themes that connect their pieces resulting.
in a series of duets focussed on place. The podcast was launched in August 2023.
WHERE I BELONG {12-part podcast series)
Sound Design by Adam P Mccready
Cover Design by Ruth Disney
Produced by Sally Anne Tye
Writers: Budoor Al Abid, Mubeen Khishany, Sadek R. Mohammed. Ali Muhammed, Sijal Al-Rekabi
Mina Ali Shareef (Baghdad),. Andy Barrett, Mufaro Makubika, Leanne Moden, Michael Pinchbeck, Cara
Thompson, Georgina Wlding (Nottingham)
Supported by the British Council Arts Digital Collaboration Fund

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES- Continued
Creative Residencles
We invested in the development two productions in partnership wth Nottingham based companies,
including a package of in-kind dramaturgical, directorial and marketing support. Both productions were
selected to help infomi and expand our future practices and to increase the profile of our work.
House of Life - a gig theatre performance by Sheep Soup, Edinburgh Fringe Festival run August 2023
Outlawed- a Burlesque, Drag, Festive Comedy Cabaret developed with Nonsuch with a run of live
performances in Nottingham in December 2023
Artist and Community Development
Throughout the year we nurtured and supported 21 early career artists from across the East Midlands
region through our flagship talent development programme New Associates. We supported each artist
on their next crucial step opening up our ne￿orkS through a bespoke package of mentoring, funding
advice, aC￿sS to rehearsals, stafflboard expertise. By investing in the development of future leaders
across the East Midlands we continue to redress the inequality, signposting pathways and contributing
to a more open, diverse and vibrant industy.
..invaluable to me as an artist- a wonderful supportive envimnment. The team at New Perspectives
offer expert advice, care and opportunities to grow as a practitionerf Claire Finn
°the prOg￿mMe has given me to confidence to take the next steps in my careeras a Theatre Makerf
Evie Osbon
From the opportunities and masterclasses. to being part of a group that has a sharedpurposg to the
physical and emotional support that NP provide. being a New Associate has been pivotal in my growth
as an artist."Adam Iqbal
NEW ASSOCIATES 2023-24
Ellie Owen-Austen, Imogen Beech, Mary Bonam, Dylan Bull. Elan Butler, Natalie Chan, Claire Finn, AK
Golding, Adam Iqbal, Ben Gilbert, Saraa Kolawole, Jordan Laidley, Andy Mandoiu, Anna Mansell, Ben
Macpherson. Evie Osbon, Natalie Simone. Laura Turner ,Charfotte Vickers, Emily Webster, Josie
White
We continue to recognise that theatre is all around us and acknowledge that creativity is in everyone
through our citizen artist programme Open Pitch. We supported the script development for a debut play
written by Derbyshire resident Susie Brighouse. Participation Director Jayne Williams mentored the first
draft of the play and a series of script development days over three months with five actors with the
support of New Perspectives, Artistic Director Angharad Jones enabled Susie to complete first play
script, Black Diamond Dancers.
"Finishing my half-written play. of which I d been trying to do foryears, has renewed my confidence in
my writing. Susie Brighouse
Chrissy Payne was supported to develop her Memoirs of a Little 'Un based on her own memories of
growing up in the 60s as the youngest of seven girls in Oakham, Rutland. Perfomier Tanya Myers and
Sound Designer Adam P Mccready added their creative skills and expertise to bring the words on the
page to life as a 10-part podcast series launched across a range of digital plafforms in June 2024.
'a rare and wonderful opportunity...the attention to detsil and support has allowed me the opportunity
to reach a wortdwide audience which simply would not have been possible without this project" Chrissy
Payne

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES- Continued
OPEN PITCH
Susie Brighouse included employment to 5 female Actors
Chrissie Payne included employment to 1 Actor and 1 Sound Designer
STRUCTURE, GOVERNANCE & MANAGEMENT
.Governing.Document
New Perspectives Theatre Company Ltd is a company limited by guarantee, governed by its
Memorandum and Articles of Association dated 14 August 1996. It is registered with the Charity
Commission. A maximum of 12 Trustees each agree to contribute £1 in the event of the charity
winding up.
Appointment of Trustees
New Perspectives regularly updates a register of Trustees, knowledgelskillslexperience, regularly
monitoring and reviewing the governance of the company aligned to Arts Council England's
Creative Case for Diversity. This provides a constantly evolving set of recruitment criteria which
the Trustees use when attractinglselecting a suitable candidate for any vacancies. Potential
Trustees are identified through individual recommendation by existing Trustees, via targeted
solicitations, and in response to advertising campaigns.
Trustee Induction & Training
Each potential new Trustee is offered a chance to meet the Chair and observe a full Board
meeting prior to taking a decision whether to become involved with the company- they are then
matched with a range of induction resourceslopportunities to suit their existing level of
knowledgelskillslexperience. these include provision of Memorandum & Articles of Association,
most recent Audited Accounts, most recent management accounts, always supported by either a
single meeting with the charity's Executive Team to discuss the company's current strategic
oveniiew andlor full day meetinglshadowing a number of staff to gain a fuller overview of both
strategic and operation issues affecting the charity.
Organisatlon
The Board of Trustees, which can have up to 12 TruSt￿S, govern the charity. The Board meets 4
times per year, and there are working sub-groups which meet quarterly to address specific
governance/operational issues including finance, fundraising, risk management and policy groups
focussing specific areas including equal opportunities, health and safety, environmental etc. An
Executive Team is appointed by the Trustees to manage the day-to-day operations of the charity.
To facilitate effective operations the Artistic DirectorlCEO leads on the artistic programme and
overall management, working closely with the Executive Director.
Related Parties
New Perspectives has a close working relationship with Arts Council England, who provide
significant funding to the charity and who monitor our activity against agreed targets through a
nurnber of mechanisms, including quarterly financial reporting, annual review and attendance at
Board meetings aslwhen required by either paty.
Risk Management
New Perspective tasks a working group of Trustees and senior staff to conduct an annual risk
review, and then develops an annual risk mitigation plan in response.
Our current risk reviewlmitigation plan focuses on ensuring that we deliver against our Business
Plan and remain in step with the strategic objectives of our funding partners.

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES (continued)
Financial Review
During 2023124 New Perspectives monitored tts reporting mechanisms to allow effective Board
scrutiny of financial management and further improve the clartyltransparency of the charity's
financial dealings for funding partners. The Trustees report a net trading surplus of £532 in the
year ended 31 March 2024.
The Company had income during the year of £454,322. The Company's Revenue Unrestricted
Fund balance is £568,207 as at 31 March 2024 of which £330,060 is designated (Designated
Capital Fund £230,060 Special Projects Fund £100.000). The Trustees consider the balance to be
adequate for the coming year.
The principal funding source for the year were the monies from the Arts Council.
The accumulated unrestricted income fund at 31 March 2024 amounted to £566,207.
Investment Powers and Policy
Under the Memorandum and Articles of Association we have the power to Invest any monies not
immediately required for our purposes in any way the Trustees think fit.
Aside from retaining a prudent amount in reserves each year, most of the charity's fvnds are to be
spent in the short term, so there are few funds for long term investment.
Reserves Policy
Unrestricted reserves held amount to £566,207 much of which is represented by the freehold
property. We aim to maintain the net value of the company.
The Trustees have examined the charity's requirement for reserves in the light of the main risks to
the organisation. It has established a policy whereby the unrestricted funds not cornrnitted or
Invested in tangible fixed assets held by the charity should be between 1 and 3 months of the
expenditure. The reserrfes are needed to meet the working capital requirements of the charity and
the Trustees are confident that at this level they would be able to continue the current activttles of
the charity in the event of a significant drop in funding.
The Trustees have adopted the policy that in the event of the charity being wound up due to lack of
funding unrestricted fvnds held and not committed should cover the current notice, redundancy
pay liability and the equivalent of 3 months running costs (including salaries and related costs)
estimated to total £100,OOO", currently general reserrfes held are sufFicient to cover these costs.
The Trustees will aim to ensure the continuation of activities., in the event of a signfficant drop in
income. It would be necessary to consider how the funding would be replaced or the activities
changed.

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES (continued)
Going Concern
The financial accounts are set out on pages 14 to 21. The Trustees are satisfied that with
considerations made against business risks, the preparation of the financial statements,
appropriate accounting FX)licies, methods and principles in place to provide sufficient appropriate
evidence, that the company remains a going concem. The Trustees agree that the charity's assets
are available and adequate to fulfil the continuation of activities. In the event of a significant drop in
income it would be necessary to consider how the funding would be replaced or the activities
changed.
We look forward to joining the RAMPS Change Partner programme to embed embedding disability
equality across all we do. We have made a pledge to meet the Theatre Green Book basic standard as
part of the steps we are taking to reduce the impact we have on the environmenL
Future Plans
As we enter the second of our three-year public funding from Arts Council England through its national
portfolio our hallmark programme continues..
commissioning and touring world class new writing
driving cultural exchange, pioneertng talent development
learning through creative innovation.
An outline of our key productions in 202425 are:
Make Good- The Post Office Scandal: this new musical tells the story of the Post Office Scandal, now
recognised as one of the gravest miscarriages of justice in British history. This Is a co-production
beiween Shropshire based rural touring company Pentabus and New Perspectives, commissioned for
a major rural tour in Autumn 2024, directly infonned by conversations with affected sub-postmasters.
By Jeanie O'Hare, with music and lyrics by Jim Fortune, co-produced with a cast of 4 actors, 2
musicians, featuring community choirs as part of the performances on tour. This renews a relationship
with Pentabus, following the 2018 co-production of Crossings, also entering their 50th anniversary year
presenting us with the opportunity to celebrate100 years of rural touring across both companies. This
exciting collaboration will enable us to work with creatives at the top of their game and present theatre
as a platform to share under-represented voices to rural audiences. To be developed with support from
the RSC and National Theatre studio generate programme.
(thej Woman: a New Perspectives commission of The B wntwood Prize for Playwrfting shortlisted script
by award winning East Midlands, writer Jane Upton. A relatable. funny and painful new play
foregrounding the challenges of balancing motherhood wth being a writer and everyday life., placing the
spotlight on equity of opportunities for women in the workplace. A research and development week is
being supported by the National Theatre studio generate programme as the play, with a 4-strong cast,
is being developed for a studio theatre tour in Spring 2025.
Through the year we will commission a research study to explore the potential of developing an Alumni
offer to build on our New Associates programme and continue to explore creative ideas by brining
artists together to explore new creative outputs, fuel ideas, share leamings, new techniques and
practices to innovate, shape and infonn our future VK)rk.

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES (continued)
Summary
We continue to develop ambitious new work and support the hotbed of talent across our region. We will
explore new ways of worki'ng to create, co-create and share unique theatrical encounters at the same
time demonstrating a commitsnent to support freelance and under-represented artists and practitioners
as we navigate an ever-changing landscape.
..REF.ERENCE AND ADMINISTRATIVE DETAILS:..__
Name of Company: NEW PERSPECTIVES THEATRE COMPANY
The company is incorporated under the 2006 Companies Act (number 3240198) and is governed
by its Memorandum and Articles of Association.
New Perspectives Theatre Company is a registered charty (No. 1058309).
The company is managed by the Trustees who are appointed at the Annual General Meetlng,
these Trustees have served during the year and Sin￿ the year end date.
BOARD OF TRUSTEES
Richard Bond DL (Deputy Chair from 19.11.23)
Ravelle-sade Fairman
Jeremy Hague
Sarah Hall (Chair)
Jane Morgan
Gerard Rogers (Company Secretary)
Thulani Molife
Johanna Taylor
EXECUTIVE TEAM
Angharad Jones - Artistic Directorl CEO
Sally Anne Tye - Executive Director
(responsible for the day to day running of the charity)
REGISTERED OFFICE
8 Park Lane Business Centre
Park Lane
Basford
Nottingham NG6 ODW
COMPANY REGISTRATION NUMBER
3240198
CHARITY REGISTRATION NUMBER
1058309
BANKERS
Unity Trust Bank
9 Brindley Place
Birmingham B12HB
10

NEW PERSPECTIVES THEATRE COMPANY
REPORT OF THE TRUSTEES (continued)
INDEPENDENT EXAMINER
James Liptrott
Haines Watts Chartered Accountants
Cllffe Hill House
22- 26 Nottingham Road
Stapleford, Nottingham
NG9 8A4
Trustees Responslbllities In Relatlon to Flnancial Statements
Company law requires the Trustees to prepare financial statements that gtve a true and fair view of the
state of affairs of the charity at the end of the financial year and of tts surplus or deficit for the financlal
year.
In so doing the Trustees are required to".
Select suitable accounting policies and then appty them consistently;
Observe the methods and principles in the charitles SORP;
Make sound judgements and estimates that are reasonable and prudent
Prepare the fjnancial statements on the going concem basis unless it is appropriate to presume
that the charlty will not continue In business., and
State whether appllcable UK accounting standards have been followed; subject to any material
departures disclosed and explalned in the financial statements.
The Trustees are responsible for maintalning proper accounting records which dlsclose with reasonable
accuracy at any tlme the financial position of the charity and enables them to ensure that the financial
statements comply with the Companies Act 2006. The Twstees are also responsible for safeguarding
the assets of the charEty and hence for taking reasonable steps for the prevention and deteC￿On of
fraud and other irregularities.
So far as we are aware, there Is no relevant infonnatlon of whlch the In¢Jependent Examiner Is
unaware;
As the Board of Trustees of the company we have taken all the steps we ought to have taken in
order to make ourselves aware of any relevant informatlon and to estsbllsh that the charity's
Independent Examiner is aware of that inft)nnation.
The Trustees are responsible for the maintenance and Integrity of the corpor8te and financial
Information included on the Charity's website. Legislation in the United Kingdom goveming
preparation and dissemination of the financial staternents may differ from legislation In other
jurisdlctions.
Members of the Board of Trustees
Trustees, who are Directors for the purpose of the company law and Trustees for the purpose of charity
law, who served during the year and up to the date of this report are set out on page 1.
Trustees of the charitable company guarantee to contrtbute an amount not exceedlng £1 to the assets
of the charitable company In the event of winding up. The totsl number of Trustees at 31 March 2024
was 10 (9 in 2023).
This report has been prepared in accordan￿ wlth the Statement of Recommended Practice..
Accounting and Reporting by CharFties and in accordan￿ with the special provislons of Part 15 of the
Companies Act 2006 relating to small entities.
1811212024
Approved by the Board of Trustees on................................. and signed on its behalf by:
(Trustee)
11

NEW PERSPECTIVES THEATRE COMPANY-COMPANY NUMBER 3240198
Independent Examinetrs report to the Trustees of New Perspectives Theatre Company
I report on the charty Trustees on my examination of the accounts of the company for the year
ended 31 March 2024.
Responsibillties and Basis of Report
As the chartty's Trustees (and also its directors for the purpose 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.
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 l am qualified to undertake the
examination because l am a member of the Institute of Chartered Accountants in England and
Wales, which is one of the listed bodies.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in
onnection with the examination giving me cause to believe:_
Accounting records were not kept in respect of the Company as required by section 386 of
the 2006 Act; or
The accounts do not accord with those records", or
The accounts do not comply with the accounting requirements of section 396 of the 2006
Act other than any requirements that the accounts give a 'true and fair view which is not a
matter considered as part of an independent examination. or
The accounts have not been prepared in accordance with the methods and principles of
the Statement of recommended Practi￿ 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 (FRS102)).
I have no concems 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.
James Liptrott FC
Haines Watts
Chartered Accountants
Cliffe Hill House
22-26 Nottingham Road
Stapleford
Nottingham NG9 8AA
12

NEW PERSPECTIVES THEATRE COMPANY
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Note
Unrestrlcted Restrlctsd
Funds
Funds
Total
2024
Unrestrlcted Restrlctod 31 March
Funds
Funds
2023
INCOME
Investment income:
Bank Interest
Incoming resources from
charitable activitles
TOTAL INCOMING
RESOURCES
959
421,988
30,400 452.388
334,592
334,592
423.922
30.400 454.322
335,551
335,551
EXPENDITURE
Charltable activities:
Expenditure on
Charitable Activities
508.445
30.400 538.845
342,532
27,000
369,532
Support Costs
9.454
9,454
8,313
8,313
TOTAL EXPENDITURE
517,899
30.400 548,299
350.845
377 845
NET INCOMEI(OUTGOING)
RESOURCES BEFORE
TRANSFERS
(93,977)
(93,977)
(15,294) (27.000) (42.294)
THEATRE TAX RELIEF
13
94,509
18.244
NET MOVEMENT IN FUNDS
NET INCOME FOR
THE YEAR
532
532
2.950
TOTAL FUND
AT 31 MARCH 2023
565.675
565,675
562,725
589,725
Transfer Between Funds
11
TOTAL FUND
AT 31 MARCH 2024
10
566,207
568.207
565,675
565 675
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended arise from continuing activities.
The notes on pages 15 to 21 form part of these accounts
13

NEW PERSPECTIVES THEATRE COMPANY- COMPANY NUMBER 3240198
BALANCE SHEEf AS AT 31 MARCH 2024
Notes
2024
FIXED ASSETS
Tangible assets
2023
232,741
235,685
CURRENT AssErs
Debtors
Cash at bank and in hand
138.269
243,839
382,108-
74.833
286,079
360,912
CURRENT LIABILITIES
CREDITORS:
AMOUNTS FALLING
DUE WITHIN ONE YEAR
48.642
30.922
NET CURRENT ASSETS
333 466
329 990
NET ASSETS
566.207
565.675
REPRESENTED BY:
UNRESTRICTED FUNDS
10
236,147
235,615
Special Productlons Fund
Designated Capital Fund
RESTRICTED FUNDS
TOTAL CHARITY FUNDS
100,000
230,060
100,000
230,060
10
566,207
£ 565,675
The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ending 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the
year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for.
Ensuring the company keeps accounting records which compty with Sections 386 and 387 of the
Companies Act 2006, and
Preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of each financial year in accordan￿ with the requirements of Sections 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to the
financial statements, so far as applicable to the company and with the Financial Reporting
Standard (issued January 2022).
These accounts are prepared in accordan￿ wtth the special provisions of Part 15 of the
Companies Act 2006 relating to small entities.
1711212024
Approved by the Board of Trustees on ................... and signed on its behalf by:
TRUSTEE
TRUSTEE
The notes on pages 15 to 21 form part of these accounts
14

NEW PERSPECTIVES THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty
in the preparation of the financial statements are as follows: _
BASIS OF PREPARATION
The financial statements have been prepared in accordance with the Accountlng 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
(FRS102) (effective 1 January 2019) - (Charities SORP (FRS102)), The Financial Reporting
standard applicable in the UK and Republic of Ireland (FRS102) the Charities Act 2011 and the
Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction
value unless otherwise stated in the relevant accounting policy note(s).
The charity constttutes a public benefrt entty as defined by FRS102.
The financial statements are presented in sterling (£).
The financial statements have been prepared on the going concern basis, The Trustees
assessment of going concem is contained within the Report of the Trustees.
INCOMING RESOURCES
Grants and donations are accounted for as soon as their amount and receipt are certain. In the
case of donations this is usually only when they are received. All other income is accounted for
under the accruals concept. Gifts in kind are valued at their estimated value to the charity.
RESOURCES EXPENDED
Expenditure is recognised when a liability is incurred.
Costs of generating funds are those costs incurred in attracting voluntary income and those
incurred in trading activities that raise ftjnds.
Charitable activities include expenditure associated with the staging of dramatic productions and
related activities and include both the direct costs and support costs relating to these activities,
Governan￿ costs include those incurred in the governan￿ of the charity and its assets and are
primarily associated with constitutional and statutory requirements.
Support costs include central functions and premises costs and have been allocated to activity
cost categories on a basis consistent with the use of resour￿5, but do not directly undertake
charitable activities.
15

NEW PERSPECTIVES THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
FUND ACCOUNTING
Unrestricted funds are available for use at the discretion of the Trustees in furtheran￿ of the
general objectives of the charity.
Designated fvnds are unrestricted funds earmarked by the Board of Trustees for particular
purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through
the tems of an appeal.
FIXED ASSETS
Fixed assets are included in the balance sheet at cost less accumulated depreciation.
Depreciation is provided to write off the cost of fixed assets over their estimated useful lives at the
following rates per annum:
Equipment
Motor vehicles
16.67Yo
Fixtures and frttings 25%
straight line
straight line
straight line
Freehold premises have not been depreciated as the residual value is believed to be higher than
historical cost.
Individual assets costing less than £500 are not usually capitalised.
LIMITED BY GUARANTEE
The charity is limited by guarantee and in the event of it being wound up, every member is liable to
contribute a sum not exceeding £1.
LEASE COMMITMENTS
Existing rentals paid under operating leases are charged to profit and loss account on a straight-
line basis over the period of the lease.
New rentals are capitalised as a °right of use. asset and subsequently depreciated over the perlod
of the lease.
Debtors
Debtors wtth no stated interest rate and receivable or payable within one year are recorded at
transaction price.
Creditors
Creditors and provisions are recognised where the Charity has a present obligation resultlng from
a past event that will 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. Credttors and provlsions are normally
recognised at their settlement amount.
Flnancial Instruments
The Charity has financial assets and financial liabilities of a kind that qualify as basic financial
instrurnents. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlernent value.
16

NEW PERSPECTIVES THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
Judgement and Key Sources of Estimatlon Uncertainty
The preparation of accounts using generally ac￿pted accounting principles requires management
to make estimates and assumptions that affect the reported amounts of assets and liabilities at the
date of the accounts and the reported amounts of revenues and expenses during the reporting
period.
The key estimates and assumptions used in the F.inancial Statements are,detsiled.in the
accounting policies.
Pensions
The Charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the Charity in an independently administered fund, Contributions payable
for the year are shown in the statement of financial activities.
2. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
UnrestriGtsd
Funds
Restricted
Funds
Total
2024
Total
2023
Grants and production
contributions:
Arts Council England
Others
308,631
308,631
69,680
378311
308,316
30,400
30,400
347,911
308 316
Performance and venue fees
Other income
Fundraising
46,025
26,637
1,415
46,025
26,637
1.415
74,077
25,421
15
840
Total
421,988
30,400
452,388
334,592
3. RESOURCES EXPENDED
Total
2024
Total
2023
Expenditure on Charitable Activities (Production and
Project Costs)
Research and Development Costs
Direct production costs
Salaries and payroll costs
Premises costs
Administration Costs
Marketing and Communications
Travelling
Professional fees
Equipment and Other Repairs
Depreciation
Total
4,306
301,532
153,130
12,049
34,690
15,207
1,367
6,450
5,232
4,696
141,482
126,668
10,844
34,082
11,907
2,026
4,947
1,479
4,401
342,532
538,845
17

NEW PERSPECTIVES THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
4. SUPPORT COSTS
Total
2024
Total
2023
Salaries and payroll costs
Accountancy and Independent Examination Fee
Bank charges
Confirmation Statement Fee
Payroll Processing
2,250
877
13
1.020
9,454
2,250
761
13
1,067
8,313
5. NET INCOMING RESOURCES FOR THE YEAR
This is stated after charglng:
2024
2023
Operating leases - equipment
Independent Examiners services
926
2,250
926
2,250
6. STAFF COSTS AND NUMBERS
Staff costs were as follows:
2024
2023
Salaries and wages
Social security costs
Pension costs
180,582
12,544
4,325
197,451
150,235
14,602
2,986
167,823
The average number of employees durtng the year was made up as follows:
2024
2023
Touring, production and related support
No employee eamed more than £60,000 per annum.
The remuneration paid to key personnel in the year totalled £87,441 (2023: £84,975).
Trustee Remuneration and Related Party Transactlon
The Trustees receive no remuneration. No Trustees were reimbursed expenses in 2024 or 2023.
There are no other related party transactions.
18

NEW PERSPECTIVES THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
7. TANGIBLE FIXED ASSETS
Freehold
Premises
Motor
Vehlcles
Equipment
Fixtures
Total
Fittings
COST
At 1 April 2023
Additions
Disposal
230,060
68,254
98,549
2,542
1,937
399,405
1,937
At 31 March 2024
230 060
68,254
98.549
401,342
DEPRECIATION
At 1 April 2023
Charge for period
Eliminated on
disposal
64,471
3,783
96,707
614
2,542
484
163,720
4,881
At 31 March 2024
68,254
97,321
3,026
168,601
NET BOOKVALUE
At 31 March 2024
230,060
1,228
1,453
232,741
At 31 March 2023
230,060
3,783
1,842
235,685
8. DEBTORS
2024
2023
Trade debtors
Prepayments and Accrued Income
Other debtors
Theatre Tax Relief (note 13)
Other debtors including taxation and social security
1,200
8,101
8,795
138,269
1.761
138.269
10,484
13,190
22,235
26,319
2,605
74,833
9. CREDITORS
Amounts falling due within one year
2024
2023
Trade creditors
other creditors including taxation and social security
Accruals and deferred income
5,840
26,568
42,802
48,642
4,354
19

NEW PERSPECTIVES THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Year Ended 31 March 2024 Tangible
fixed
assets
Net
current
assets
Total
2024
Total
2023
Unrestricted funds
Restricted funds
Designated funds
2,681
233,466
236,147
235,615
230,060
232,741
100.000
333,466
330,060
566,207
330.060
565 875
Year Ended 31 March 2023 Tangible
fixed
assets
Net
current
assets
Total
2023
Total
2022
Unrestricted funds
Restricted funds
Designated funds
5,625
229,990
235,615
232,665
27,000
330,060
589,725
230.060
235,685
100,000
329,990
330,060
565,675
11. RESTRICTED FUNDS
Year Ended 31 March 2024
At31
March
2024
At 1 April
2023
Incoming
Resources
Outgoing
Resources
Transfor
lan McKellen Producer Grant
Unity Theatre Trust
D'oyly Carte Charitable Trust
Peter Sowerby Foundation
The British Council
25,000
1,400
4,000
25,000
1,400
4,000
30,400
30,400
Year Ended 31 March 2023
At31
March
2023
At 1 April
2022
Incomlng
Resources
Outgoing
Resources
Transfer
Peter Sowerby Foundation
The British Council
3,000
24.000
3,000
24.000
27,000
20

NEW PERSPECTIVES THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (CONTINUED)
lan McKellen Producer Grant- Funds brought forward £NIL, funds used to support a show project
Called 'We Need New Names,, all spent in 2023124.
Unit Theatre Trust- Funds brought forward £NIL, funds used to support a show project called
'We Need New Names, and 'Model Village,, all spent in 2023124.
D'O I Carte Charitable Twst- Funds brought forward £NIL, funds used to support a show project
called 'Model Village,, all spent in 2023124.
Peter Sowerb Foundation - Funds brought forward £NIL, funds used to support postcard
dramas, all spent in 2022123.
The British Council - Funds brought foDNard £NIL, funds used to support a podcast project called
'Where l Belong,, all spent in 2022123.
12. RESERVE CAPITAL
The company is limited by guarantee with no aLrthorised or issued share capital.
The amounts guaranteed in the nature of reseNe capital are £1 . These amounts are only capable
of being called up for the purpose of the winding up of the company.
13. TAXATION
The charitable company is exempt from Corporation Tax on its charitable activities.
A Govemment initiative, Theatre Tax Relief, commenced on 1 September 2014 - this gives rise in
the period to a claim for Theatre Tax Relief to total £94,509 in 2024.
14. FINANCIAL COMMITMENTS
The charity had an annual commitment to pay quarterly £232 net of VAT for a phone system held
on lease which commenced in June 2019 for a five-year period.
15. PENSION COMMITMENTS
The charity operates a defined contribution pension scheme. The assets are held separately from
those of the charity in an independently administered fund. The pension costs charge represents
contributions payable by the charity to the fund and amounted to £4,325 (2023: £2,986).
16. RESOURCES EXPENSED INCREASES
The increases in expenditure are directly linked to the increase in touring activity durtng the period.
17. TRADE CREDITORS
Due to the nature of the industry, it is common for trade creditors to fluctuate.
21