Company Registration Number - 03333987 The Charity Registration Number is :. 1062463 Unity Theatre Report and Accounts 31 March 2024
Unity Theatre Report and accounts for the year ended 31 March 2024 Contents Pag• Charlty Information Trusteeg. Annual Report Statement of directors. respon8lbllltles Independent Examlne¢s Report 10 12 Funds Statements... Statement of Financial Activities statement of Financial Activities- Prior Year $t8tèmènt Movement8 in funds Revenue Funds 14 15 18 18 Fixed Asset funds Income and Expenditure account Summary of funds 16 17 Balance sheet 18 20 Cash flow Statement Not88 to the accounts 22
Unity Theatre Company Registration Number - 03333987 Trustees. Annual Report for the year ended 31 March 2024 The TruBtees present their Report and Accounts for the year ended 31 March 2024, which also comprises the Directors, Report required by the Companies Act 2006. Reference and administrative details Th• ¢harity name. The legal name of the charity is.- Unity Theatre. The charity is also known by its operating name, Unity The8tre. The charlty's areas operatlon and UK charltable reglstratlon. Ttte charity Is registered in England & Wales with the Charity Commission in England & Wales ICCEWI with charity number 1062463. The charity does not operate in any overseas iurisdiGlions. Legal structurn of the eharlty The charity is constituted as a company limited by guarantee. registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation. There are no reslriclions in the governing documents on the operation of the Charity or on 118 investment powers other than those imposed by Charity Law. By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as su¢h, under both company and charity legislation. The trustees are all individuals. The princlpal operating address, telephone number, emall and wob addregses ol the eharity arè:. 1 Hope Place Liverpool, L1 9BG Telephone 01517094988 Ernail Addre88 info@unitytheatre.¢o.uk Web address www.vnitylheatreliverpool.co.uk The registered office of the charity for Companies Act purposes is the same as the operating address shown above. The Trustees in office on tho date the report was approved were:. LA Clark E Edwards H Jeffrey {appoinled 31 July 2024) SJ Jones A Marshall PM Mearns (appointed 31 July 2024) L Mooney ARR Perera D Sebuyange LC Tellwright (appointed 31 July 2024)
Unity Theatre Company Registration Number- 03333987 Trustees. Annual Report for the year ended 31 March 2024 The followlng persons served as Trustees during the year ended 31 March 2024 :. The Irustees who served as a trustee in the reporting period, 8nd, If applicable, their dates of appointment or rèsignation during the year were'.- Namé Appolnted Re$lgned/Retlred LA Clark E Edwards DJ Fletcher SJ Jones A Marshall G Millar L Mooney ARR Perera D Sebuyange 01 December 2023 05 January 2024 All the trustees are also members of the charity. Objects and actlvltles of the charlty The purposes of the charity as set out in its governing document. 'To advance the education of the public in 811 aspects of the Brt of drama, dance, mirne and music and to develop the public appreciation of such art and to provide and manage a theatre within the postal district of Liverpool without di51inGtion ol age, sex, race, political or religious or olher opinions, by associating with statutory aulhorilies, voluntary organisations. institutions and inhabitants and to promote all or any objects for the benefit of the community which now or hereafter may be (Jeemed by law to be charitable." The main activitie5 undertaken in relation to those purposes during the year and to further the charity's purpose for the public benefit. Unity Theatre aims to: Advance the education of the public in all aspects of the art of drama, dance, mime, and music. Provide and manage a theatre.. to promote 811 other objects for the benefit of the community which now or hereafter may be deemed by18W to be charitable. Our purpose is to share the stories of diverse individuals, working across three core ar8as'. Providing high quality creative experiences Developing and supporting local artists Platforming and celebrating local communities
Unity Theatre Company Registration Number- 03333987 Trustees. Annual Report for the year ended 31 March 2024 The short temi and longer term aims and objectives and the charity s strategies for achieving its aims and objectives in the future. A new Artistic Director, Elinor Randl&, was appointed in February 2024. initially on an interim basis.This has brought a new energy to the charity and a new engagement with our audientss. In June we held an Open House event, gaining feedback on what the community wants to see happen at Unity, and over 300 people came through the doors. In April 2024 we hosted the Up Next Festival. Thi$ reached 723 audiènc8 members and worked with 33 local artists. In May we hosted Krapp's Last Tape- an ACE funded project working with Graeme Phillips (former AD of Unity) who is living in a care home wth Parkinson. Over 2 days 300 audience members attended, many of whom hadn't engaged with the Unity for a long time. Other programmed work between April/July included Liverpool Improvisation f&slival, Ugly 8ucket, 20 Stories High Youth Theatre show. RAWD summer show, and Liverpool Arab Arts Festival. A new prcgramme ofwork was launched in September 2024, which will include a Christmas show, Star of Wonder by Teatro Pomodoro, which was cancelled last year. We are also delighted to announce a brand-new monthly scratch night this Autumn. At our Open House Session one of the biggest parts of feedback was that our Community needed a place to comè and test out new ideas, so we are dellghted lo be launching this new series for artists to come and experiment on the Unity stage. A balanced budget has been set for 2024125 and is bèing achieved so far. We have maintained the staff samngs achieved in 2023124, reviewed the costs of key contracts wilh suppliers, and refreshed the pricing of our sales also. There Is a refreshecl Impetus to our funclralslng strategy, wiin a Varlely Night Funtjralser held In July and a rangè of applications to trust8 and foundations lo support the new programm8. We have successfully appointed three new board members in June 2024, wth further recruitment planned. We have restructured the senior management team to move to a joint-director model. With a refreshed board and a refreshed leadership team, we will lake the appropriate time to develop a long-term strategy for the Unity theatre that achieves our charit8ble 8mbitions in a financially 8uslainable way.
Unity Theatre Company Registration Number- 03333987 Trustees. Annual Report for the year ended 31 March 2024 Resources used in the activities undertaken during the year. During the year, actions were taken to improve the financial position. This included a significant staff structure that reduced permanent staffing levels down significantly. The winter programme was intentionally lighter in order to achieve cost savings, and thi8 frèed up space for additional community hires lo take place. In November 2023 Gordon Millar, the company's CEO, left the organisation. Matthew Brown from Adding Value Consultancy Lld, the charity's finance and accountancy support pravider. was appointed as Interim CEO at this time. In January 2024 the charity was grateful to receive a grant of £35,000 from the Backstage Trust to improve the integrity of the building's roof and foyer, fire doors and emergency lighting. We were grateful to the support of our core funder Liverpool City Council for bringing foNard £17,0(X) of grant into January 2024 from the 2024125 allocation to support the charity's cash flow. The main achievements and performance of the charity durlng the year. Unity remains integral to the communities. artists, audiences and participants of Liverpool. We have upheld our reputation as the region's leading combin6d performing arts organisation, promots'ng an accessible and 6UPPQrtive society. The year started with an excellent creative period for Unity, most notably with an excèptional programme around Eurovision. Our focus was on celebrating modern day Ukraine for which we have received much critical praise and attention during a period of intense competition in the city. The 'Place for Hope, programme consisted of a new production 'Mari8', 8 revival of the 8cclaimed 'Ukrland' an evening of Ukrainain Poetry, a community meal and a panel discussion wlh leading figures in support of refuge8s. The BBC recorded a 30 minute documentary about the programme, of which a 10 minute version was also aired on Newsnight during Eurovision weekend. Other notable achievements included.. When All Is Said from Fuel Theatre, curated by Travis Alabanza, written by 5 black tans writers and performed down the telephone to audiences at home, work or wherever they may bè. Barely Visible by Rowena Gander returned as part of a tour of her dance piece about objeclificalion and what it is to be gay. Barely Visible began life at Unity as a supported project and has since gone on to lour nationally. Martha, Me and Mary by Saphena Azis told the story of migration of her parents and grandparents, with a concurrent story of a brief momenl as a backing singor for Martha and the Vandella. This piece was part of Open Call and will lour nationally in 2024. Past Life by Alice Chrislina-corrigan, a multi-sensory experience by an eXptIOnal artist expressing their lived experienced of disability. We Were Promised Honey by YesYesNoNo Theatre Comedy Queers a new regularly evening of standup in Liverpool for queer comedians, in a secure and welcoming environment in response to a nolitsable rise in homophobia In the city.
Unity Theatre Company Registration Number- 03333987 Trustees. Annual Report for the year ended 31 March 2024 RAWD. our Dldeaf Disabled led weekly sessions continued a pace and inGluded a performance of their latest production, Dancing in the Str6et$ in June The autumn highlights included an exceptional drama relating to addiction from Mark Thomas, England and Son, Global Majority community events wlh BlackFest, MILAP and Luma Creations and comedy from leading acts Nabil Abdulrashid, John Kearns and Sarah Millican. November and December was full of activity with Homotopia, Dada Fest amongst others. Our talent development programme Continued from strength to slrengitt with the Introduction of Actors Lab. a collaboration with 20 Stories High. This was a multi-week training programme for emerging actors culminating in a 3 week rehearsal period and production of new piece 'Who the f- is Shakespeare?, This scheme provided 6 actors with a paid professional experience, enabling them to join 'Spotlight'. During the year, actions were taken lo improve the financial position. This included a significant staff reslruclure that reduced permanent staffing levels down significantly. The winter programme was inlenlionally lighter in order lo achieve cost savings, and this freed up space for additional community hires to lake place. In January 2024 the charity was grateful to receive a grant of £35,000 from the Backstage Trust to improve the integrity of the building's roof and foyer, fire doors and emergency lighting. We were grateful lo the support of our core funder Liverpool City Council for bringing forward £17,000 of grant into January 2024 from the 2024125 allocation to support the charlty's cash flow. How the achievements during the year measure up to the objectives set. Accèss and excellence for all remain the pillars of our operation and we continued a range of initiatives designed lo grow equality of opportunity for artists and audiences: 100¥0 of our performances, both in person and online, were made accessible through BSL inlerprelation and captioning. This is a commitment we strive to continue as we welcome back full-capacity audiences to our building Gave 15Y¢ of our tickets away for free via community partners., Integrated community advocacy across our programme$. running targeted activity wlh key partners We grew 'Unity Onlin8', our digital performance platform which features all our locally produced work. filmed in our spaces, and hosted online to bring Merseysi(ie talent to a national audien. Our annual Open Call season opened our slages to the very best performance talent from across all SIX boroLJghs of Merseyside
Unity Theatre Company Registration NumbeT - 03333987 Trustees, Annual Report for the year ended 31 March 2024 Our long-term partnership with 20 Storles High co-provided their hugely successful Youth Theatre at Unity, inviting young people aged 14-21 to make plays that mash up dance, spoken word. music, song, street dance and puppetry Together with RAWD. a company who shares our dedication to providing opportunities in the arts, we co- provided a year rear-round weekly creative sessions for learning disabled participants, leading lo an annual performance on our main stage Our talent development programme Creative Pool, ¢omprised workshops and events for creatives wanting to increase their producing skills. These have ranged from 1.'1'5 held with our team and neIorkIng sessions involving over 20 local producers. Provided ProPortal. our free-to-access online library of touring work, promoted to 200+ programmers nallonwlde. The degree to which the achievements and performance during the year have benefited wider society and the beneficiaries of the charity. Unity exists for the communities of Liverpool- diversity is part of our hi8tOry and remains at thè héart of our ambitions to create eXlIent creative experientss. We have an industry-le8ding reputation for high-quality programming that is ftjlly informed by the experience of our Gommunities. Our approach to creation is dynamic and responsive. This in turn ensures relevancy lor a broad range of audiences both in Merseyside and nationwide, who represent cultural, geographi¢, and socioeconomic diversity. All of Unity's artistic offer is designed in close consultstion wth Merseyside creative wmmunilies, with strong feedba¢k loops built in al all levels of planning. Close partnership work with organisations speGialising in diversity and access ensures that our aim to see 70910 of creatives involved in OLtr programmes come from diverse backgrounds, is consistently met and 8xceeded. We remain committed to making our programme accessiblè to audiences, through". Low ticket prices, with 150/0 given free via partners, supported by our online streaming platform that allows anyone to access Unity wherever they live Developing integrated partnerships with those working wlh artists from diverse backgrounds A commitment to 1000A accessible productions in-person (BSLlcaplionedlrelaxedlaudio.descfibedl and online {captionedlaudio•describad) Integrated community advocacy, running targeted activity wilh key partners (The Spider Project, Wirral., Knowsley Carers). The trustees have been consulted in compliance wth the Cnarity Commission guidance on public benefit, In determining the fees for performances.
Unity Theatre Compgny Registration Number- 03333987 Trustees, Annual Report for the year ended 31 March 2024 Structure, governance and management of the charity rhe methods used to recruit and appoint new charity trustees. The directors, who are the trustees of the charity, are appointed by the members in general meeting. The Directors have the power to co-opt to fill a casual vacancy and such person5 hold office until the next AGM. The directors are appointed initially for a three-year term and are eligible for re-election for a second consecutive three-year term. In extraordinary circumstances a director may be, with the Board's approval, appointed for a third consecutive three-year term but not beyond that. Only retiring dire¢tor8 or those proposed by the Board are eligible for election al the general meeting unless due notice has been given by a member of their intention to propose someone The policies and procedures for the induction and training of trustees. All new Tru81ees receive an induction prior10 starting their first term, led by a member of the Risk and Compliance Committee andlor Executive Director. This induction covers the history of the organisation, its currenl work and the role and expectations required of a Trustee. Shortly after the election of a new group of Trustees, a training session is arranged Govering governance and current charity legislation, run by 8n external consultant. The charity s organisational structure. The charity is a company limlled by guarantee governed by its Memorandum and Articles of A8SOCi8tion dated 11th March 1997, as amended by special resolutlons dated 1 st May 1997 and September 27 2016. 11 is a registered charity with the Charity Gommission. The members of the company are the directors and any other pèrsons or organisations admitted to membership by the directors, Currently the only members of the company are the directors. The Board, which must be no less than three and not more than 15 people, meets as required and normally 4 limes per year. How the charity makes decislons and how declslons are delegated. Day to day managèment of the charity is de18gated lo the Chief Executive and thè other members of the Senior mana9ement team who tQ9ether with the directors constitute the key management per8onn61 of the charity. The Chief Executive Officer and other senior management personnel to whom day to day management is delegated In November 2023 Gordon Millar, the company's CEO, left the organisation. Malthew Brown from Adding Value Consultancy Ltd, the charity's finance and accountancy support providèr, was appointed as Interim CEO at this time, until OGtober 2024. A new Artistic Director. Elinor Randle, was appointed in February 2024. initially on an interim basis. Executive Director Eleanor Manson-sawko served throughout the year. Setting pay and remuneration of key management personnel All roles are formally reviewed prior to each vacancy being advertised, with adjustments made lo ensure our structure meets the business, current and future needs. Where there is a vacancy in our senior team, pay and remuneration packages are benchmarked against a minimum of three regional peer venues and advertised within 8 range lo remain competib"ve. Staff pay at all levels of the organisation is reviewed annually to achieve fair salary bands and avoid discrimination.
Unity Theatre Company Registration Number - 03333987 Trustees. Annual Report for the year ended 31 March 2024 The charity as a part of a wider network. Unity 18 regularly funded by Arts Council England and Liverpool City Council. Across our netsvorks we foster a commitment to diversity and the employment of local creatives wthin commuriities. We are core members of The Culture Network LCR CIC. Liverpool Arts Regeneration Consortium and Shift suslainabi11ty network. Plus Hope Street CIC, and the Future Arts Centr@s NeorK. Regular local creative partners include Homotopia, DaDa Fest and 20 Stories High, W8 work closely wth Liverpool's Everyman and Playhouse and Royal Court to strengthen the city's creative ecology Bankers The Cooperative Bank. PO Box 101, 1 Balloon Street, Manchester, M60 4EP Adding Value Consultancy Limited, Bluecoat Chambers, School Lane, Liverpool A¢¢ountanls Financial review The charity s financial positlon at the end of the year ended 31 March 2024 Thè financial position of the charity at 31 March 2024 and comparatives for Ihe prior period. a8 more fully detailed in the accounts, can be summarised as follows:. 2024 2023 Net In¢ome {62,704) 1170,3141 Unrestricted Revenue Funds available for the general purposes of the charity Designated Fixed Asset Funds Total Unrestrlcted Funds {37,693) (40.9481 1,699,523 1,661.830 1,724,232 1,683,284 Restricted Revenue Ftsnds 41,250 Total Funds 1,661.830 1,724,534 Financial review of the position at the reporting date, 31 March 2024 . The trustees consider the financial performance by the charity during the year lo have been satisfactory. Plans lo improve the financial position are outlined under strategies for the future. Policies on reserves. Unity has set a target for free reserves (unrestricted funds not invested in fixed assets or otherwise designated) for the charity of 12 weeks operating costs, judged to be £136k. This lakes account of the funding and trading environment in which the charity operates, and of ils strategic plans. The unprecedented circumstances during Covid, with the sector crisis and ongoing fragility of the economy since then, have been severely challenging to trade in. As of March 2024, free reserves were negative £37k12023.' negative £40kl Plans to improve the reseNe5 Posltion are outlined under strateqies for the future.
Unity Theatre Company Registration Number - 03333987 Trustees, Annual Report for the year ended 31 March 2024 Going Concern The financial statements have been prepared on a going concern basis. The Trustees have considered the level of funds held and the expected level of income and expenditure for the e1ve months from authorising these accounts. The Trustees assess the charity lo be a going concern based on the plans to improve the financial position outlined under Future Plans below, review of financial performance of the 24125 year to date, the management accounts forecast for the remainder of 24125, the rolling cash flow forecast. and future funding commitments. As a result, the trustees a confident about the financial future of the charity and satisfied that these accounts and prepared on a going concern basis. Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the charity's assets in each fund 8re available and adequate lo fulfil its obligations in respect of each fund. Significant events which have affected the financial performance and the financial position. There were no financial effects of significant events. The major risks to which the Charity is exposed and reviews and systems to mitigate them. The risks taced by the organi5ation are reviewed regularly throughout the year. A comprehensivè risk register encompassing all areas of the business is kept and updated regularly by the CEO and Executive Director and is scrulinised at every Risk and Compliance Sub-cornmillee before going to Board each quarter. Our risk management policy is supported by wider organisalional poliaeg including finance, fundraising, HR, and safeguarding. Risk management 18 factored into all orgsnisalional decisions including business planning, artisti¢ programming, audit, finance management and commercAal and fundraising opportunities. Risks are split into five key categories.. Artlstlc Reputatlon - including consideration of Unity's standing wthin the sector regarding programmlng and participation activities.. the continued understanding of trends In perfomance and pre8entstion', the Standard and risks associated with artistic partnerships. Financial Diversity- including the range and variety of income streams coming into the organisation,. Unity's relationships wth key funders., strength of financial controls.. progress against reserves policy., external factors such as Current government policy. Audlence Development- considering quality of communications and strength of brand,. strength of engagement with current aLJdience and partlClP8nls', size and growth of engaged database,. audienGe engagement in the face of external factors such as the pandemic and a cost-of-living crisis. Staffing and Governance - including regular review of expertise held wthin Board of Trustees, Senior Management, and wider staff base, staff retention rates,. review of diversity of Board and staff team ensuring they reflect organisation equality and diversity policies. Orqanisational - encompassinq wider business considerations such as health and safety and data Factors likely to affect future financial perfonnance . There were no such factors.
Unity Theatre Company Registration Number- 03333987 Trustees. Annual Report for the year ended 31 March 2024 Prlncipal funding sources in the year and how these support the key objectives of the charity. Key funders for our core activity in the period were Arts Council England and Liverpool City Council. We have secured funding from the Esmée Fairbairn Foundation to support the development of our Creative 'Pool talent development programme until December 2023 The Senior Management team 8re working to further diversify our income streams in the coming year through private fundraising and Commercial opportunities. Detalls of The Independent Examlner Malcolm Wright FCA Member of ICAEW 13 Village Road Higher Bebinglon Wirral CH63 8PP Statement of the Directors, and Trustees, Responsibilities The charity's Iruslees are responsible for the preparation of the accounts in a¢cordanGe with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant slalutory regulalions,Ihe Charities (Accounts and Reportg) Regulations 2008, to prepare th8 financial statements In accordance wth the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts 8ccording lo the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial slalements for each financial year which give a true and fair view of the state of affairs of the charity as at the end ol the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board 15 required lo to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice {United Kingdom Accounting Standards and applicable lawl. select suitable accounling policies and apply them consistently.. make judgements and estimates that are reasonable and prudent., prepare the financial Statements on the going concern basis unless it is inappropriate to presume th8t the charity will continue in business,. stale whether applicable accounting standards and slalements of recommended practice have been followed, subject to any material departures disdosed and explained in the financial statements., 10
Unity 31.3.24 draft 24.11.24 Unity Theatre Company Registration Number- 03333987 Trustees. Annual Report for the year ended 31 March 2024 The law requires that the Iruslees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and ol the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose wlh reasonable accuracy at any time the financial position of the charity and which are sufficient lo show and explain the charity's transactions and enable them to ensure that the financi81 stÈtÈments comply wth the Companies AGI 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevenlion and detection of traud and other irregularities. The Trustees are also responsible for the contents of the Trustees. report. and the statutory rèsponsibility of the Independent Examiner In relation to the Trustees, rèport Is limited lo examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial slalemenls. Method of preparation of accounts - Small company provisions The financial statements are sel out on pages 1410 39. The financial statements have been prepared implemenling the FRS 102 SORP {Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 20191, {The SORPI, 8nd in accordance with the Financial Reporting Standard 102, leffe¢live 1 sl January 20161 These financial statements have been prepared in accordance with the provisions in P8rt 15 of the Companies Act 2006. applicable lo companies subject to the small companies regime. This report was approved by the board of tru8tee5 on 18 December 2024. PETER MEARNS Direclor and Trustee 11
Unity Theatre Report of the Independent Examiner to the Trustees of tho charitablg company on the accounts for the year ended 31 March 2024 I report to the Trustees on my examination of the financial slalements of the charilable company on pages 14 to 39 for the year ended 31 March 2024 which have been prepared in accordance with the Gharities Act 2011 (the Act) and wilh the Financial Reporting Standard 102, (effective 1 st January 20161 as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 20191, (The SORPI, published by the Charity Commission in England & Wales {CCEW) and under the historical Gost convention and the accounting policies sel out on page Respectlve responslbilities of the Trustees and the Indepèndent Examlnor and the ba81s of the report As described on page 10. you, the charitable company's Trustees, who 8re also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view. The Trustees consirjer that the audit requ1rement of Section 14411) of the Charities Acl 2011 {the Act) doe8 not apply, and that therè is no requirement in the memorandum and articles of the Gharily lor the Gonducting of an audit, and that the accounts do not require an audit in accordan wlh Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As ¢onsequenGe, the Trustee5 have elected that the financial statements be subject to independent examination. Having salisfied myself that the financial statements are not required to be audlted under any legal provision, or otherwise, and are eligible for independent examination, il 18 my rosponsibility lo'.- a) examine tne financial slatemenls of the charity under Section 145 of the A¢t', bl follow the applicable procedures in the Direction¥ given by the Charity Commission under section 145151(bl of the Acl. Basis of Independent Examinerf8 Statement and 8cope of work undertaken Since the charitable Gompany's gross income exceeded £250.000, the charitable comp8ny'6 examiner must ba a member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am an authorised member of ICAEW, which is one of the listed bodies. I report in respect of my examination of the charity's flnancial statements carried out under 8145 of the Act In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 1451Sllbl of the Act setting out the duties of an independent examiner in Telation to the conducting ol an independent examination. An Independent examination Includes a review of the accounting records kept by the charitable company and of the accounting systems employèd by the charitable company and a comparison of the financial statemènts presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the arnounts and disclosures made, the financial statements comply with the SORP. The procedures undertaken do not provide all the evidencè that would bè required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide Consequently, I do not express an audit opinion on the view given by the financial slalemenls. and in particular, I express no opinion as lo whether the financial slalements give a true and fair view of the affairs of the charity, and my report is limited lo the rnatlers set out in the statement below. I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report l obtained written assurances from the Trustees of all material matters. 12
Unity 31.3.24 draft 24.11.24 Unity Theatre Indèpendent Examlnerfs Statemant, Report and Oplnlon Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can Gonfirm that-. The accounts of this charftable company are not required to be audlted under Part 16 of Ihe Companie8 Act 2006., The gross Incomg ofth8 charitable company in the year ended 31 March 2024 appears to exceed Ihe sum spec1fl8d In Sectlon 145{31 of th8 Act. namely £250000. and that l am quallfied lo act as Independgnt Examlner In accordance with that section by virtu8 of my being a quallfied member of ICAEW; Thls is 8 report in respact of an examinatlon carrled out under 145 of thè Act and In accordance wlth Dlrectlons glven by the Charfty Comm13slon under $6Ctlon 145(5)Ib) of the Act whlch may b8 applicable: and that no materlal matters have corne to my attentlon In connectlon wlth the examlnatlon olvlng me cause to bellevo that In any materSal re8pocl:_ accountlng records were not kept In respect of the charity as requlred by SectSon 386 of the Companl8s Act 2006 and Sectlon 130 of The Charltlos Acl 2011., the flnanclal statements do not accord th Ih08e records; or the financlal statements do not comply wlth Ihe appllcable requlrements conc8mlng the form and content of accounts set out In sectlon 396 of the Companlas Act 2006 other than any r8qulrem8nl that the accounts glv• 'true and fairf view, which is not a mattèr con$idor&d a8 part of an Ind6p8ndent examlnatlon: have not been prepar8d In accordance wlth the methods and prfnclples set out In the FRS 102 SORP (Statement of Recommended Pr8Ctlce for Accounllng and Reportlng by Charltlgs) 2019, applicable to all accountlng period8 bèglnnlng on or after 181 January 20191, (The SORP). I have no concerns and have come across no other matters In connection with the examination lo which attention should b8 drawn In this report In order to enable a proper underslandlng of the financlal 51alements lo be reached. 81gn•d:. Ma11m Wright FCA- Independenl Examiner ICAEW 13 Vlllage Road Hlgher Bebington Wirral CH63 8PP Thls r8POrt was signed on 16 December 2024
Unity Theatre - Statement of Financial Activities for the year ended 31 March 2024 Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 March 2024, as required by the Companies Act 2006) SORP Raf Curront yèar Unre8trict8d Funds Curront ygar Restrlcted Funds Curront yttar Total Funds Prlor Ygar Totsl Fund$ 2024 2024 2024 2023 Income & Endowments from: Oonations & Legacies Charitable activitie$ Investments A1 369,629 110.269 16,557 11,138 386,186 121.407 369,814 108,252 37 A4 Total Income 479,898 27.695 507,593 478.103 Expendlturè on: Charitable activities B2 501,352 68,945 570,297 648,417 Total expendlture 601,352 68,945 570,297 648,417 Net Ineome for tho year 121.454) (41,2501 162.7041 {170,3141 Not Income after transfers A-B-C (21,454) 41,2501 162,704) 1170,314) Net movement In funds (21,4541 141,2501 162,704) 1170,314) Recon¢iliation of funds:. Total funds brought forward 1,683,284 41,250 1,724,S34 1,894.848 Total funds carrled forward 1,661,830 1,661,830 1,724,534 The 'SORP Ref indicated above is the classification of income set out in the formal SORP documents, As required by paragraph 4.60 of the SORP, the brought fonmard and carried forward funds above have been agreed lo th& Balance Sheet. A Separate Statement of Total Recognised Gains and Losses is not required as this Statement includes all reGognised gains and1086es. All activities derive from continuing operations Tha nota8 attached on pagas 22 to 39 form an Integral part of these accounts. 14
Unity Theatre - Statement of Financial Activities for the year ended 31 March 2024 Unlty Theatre - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP Prior Year Prlor Year Restrlctod Fund8 2023 Prlor Yoar Total Funds SORP Ref Unrèstrictod Fund8 2023 2023 Income & Endowments from.. Donations & Legacies Charitable activities Other trading activities Investments Other A1 369.814 93,252 369,814 108,252 15,000 A4 A5 1 37 37 Totsl Income 463,103 15,000 478,103 Expendlture on: Raising funds B1 Charitable activities 82 Other 83 Tax on surplus on ordinary activil 83 Other taxation 83 610,061 38,356 648,417 Total expenditure 610,061 38,356 648,417 Nel gains on investments B4 Net Income for the year {146,958} 123,3561 (170,3141 Transfers bètweèn fund8 Net Income after transfers 1146.958) 123,3561 1170,3141 Net movement in funds 1146,958) {23,3561 (170,3141 Reconciliation of funds:. Totsl fund8 brought forward 1,830.242 64,606 1,894,848 Total funds carried forward 1,683,284 41,250 1,724,534 All aGtivities derive from continuing operations A separate Statement of Tolal Recognised Gains and Losses is not required as this statement in¢ludes all recogni5ed gains and losses., The notes attached on page3 22 to 39 fom) an integral part of these accounts. 15
Unity Theatre - Statement of Financial Activities for the year ended 31 March 2024 Unlty Theatre - Resources applied in the year ended 31 March 2024 towards flxed assets for Charity use:_ 2024 2023 Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Other applicalions of funds 14.820> Net resources available to fund charitable activities 4.820) Movements in revenue and capital funds for the year ended 31 March 2024 Revenuo accumulated funds Unrostrlctgd Fund8 2024 R9>tricted Fund5 2024 Total Funds 2024 Last year Total Fund$ 2023 Accumulated funds brought foward 140,9481 41.250 302 150.873 Recognised gains and losses before transfers 121,454) 141,2501 182,7041 1170,314) {62,4021 162,402) 119,441) IFrom)ITo unrestricted revenue funds 24,709 24,709 19,743 Clo$lng revenue funds 37,693) 37,693 302 Fixod asset fund8 Designat•d Funds 2024 Restfl¢tod Fund8 2024 Total Fund• 2024 Last yoar Total Funds 2023 At 1 April Transfer Itollfrom revenue funds 1,724,232 124,709) 1.724,232 {24.709) 1.743,975 {19,7431 At 31 March 1,699,523 1,699,523 1,724,232 The purposes of the transfers to fixed asset funds are described in Note 21 to the accounts and under the 8ccounllng policy 'Accounting for capital grants and fixed asset fund$'. Summary of fund8 Unrè$tri¢t•d and 008lgnat8d funds 2024 Ro$trlctod Funds Totsl Fund¥ Last Year Total Fund$ 2024 2024 2023 Revenue accumulated funds Fixed asset funds {37,693} 1,699.523 (37.6931 1,699,523 302 1,724,232 Total fund8 1,661,830 1.661.830 1.724.534 The notes attaGhed on pages 22 to 39 form an integral part of these accounts. 16
Unity Theatre - Statement of Financial Activities for the year ended 31 March 2024 Unity Theatre Income and Expenditure Account for the year ended 31 March 2024 as required by the Companies Act 2006 2024 2023 In¢ome Income from operations 507,593 478,066 Investment income and interest Interest receivable 37 Gr$ Income In the year before exceptlonal Stsm8 507,593 478,103 Gross Income In the yèar including exceptional Item8 507,593 478,103 Expondlture Charitatile expenditure, excluding depreciation and am0'satIon Depreciation and amortisalion Governance costs Interest payable Realised losses on disposals of social investments which are programme relalec 543,164 24,709 2,375 49 621,219 24,563 2,635 Total expendlture in the year 570,297 648,417 Net Income before tax In the flnancial year {62,7041 {170,3141 Tax on surplus on ordinary activities Net Income aftèr tax In the flnanclal year 162,704) (170.314) Retained surplus for the flnancial year (62,7041 (170,314) All activities derive from continuing operations In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities, The not•s attached on pages 22 to 39 fomi an Integral part of these accounts. 17
Unity 31.3.24 draft 24.11.24 Unity Theatre - Balance Sheet as at 31 March 2024 SORP Ref Notes 2024 2023 Ftxed assets Tangible assets 11 1,699,521 1,724,230 Curront assets Stocks Debtors Cash al bank and in hand B1 82 B4 1,647 33,936 23,300 1.647 26,123 57,158 13 Total current assets 58,883 84,928 Creditorn: amounts folling due wlthin one year 14 C1 gS,574 {84,824} Net Current assets 137,6911 304 The total ngt 4880ts of the charlty 1.661,830 1,724,534 The total net a8s8ts of the charity are funded by the funds of the charfty, as follows:. Rostrlcted funds Restricted Revenue Funds 18 D2 41,250 41,250 Unrèstrlcted Funds Unrestricted Revenue Funds 18 D3 137,693) 140,9481 137,6931 {40.9481 Deslgnated Funds Designated Fixed Asset Funds 18 D3 1,699,523 1,724,232 1,699,523 1,661,830 1,724,232 1,724,634 Total charlty funds The 'SORP Ref indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought fomard and carried forward funds above have been agreed to the SOFA.. The directors are satisfied that tne company Is eniitled to exemption from tne requirement to obtaln an audlt under section 477 of the Companies Act 2008. The member has not required the company to obtain an audit in accordance th section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies AGt 2006 with respect to accounting records and the preparation of accounts. The charity is subject to Indepenrjent Examination under charity legislation, and the report of the Independent Examiner is on page 13. The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject lo the sm811 companies regime. PETER MEARNS Trustee Approved by the board of trustees on 16 December 2024 The notes attached on pages 22 to 39 form an inte9ral part of these accounts. 18
Unity Theatre Cash Flow Statement for the year ended 31 March 2024 2024 2023 Cash flows from operating activitios Net cash provided by operating activities as shown below {33,858 1145,788} Cash flows fmm investing actlvlties Intest received 37 Purchase of propety, plant and equipment 14,820) Net cash provided by Inv8Sting actlvltlos 14,7831 Cash flows from flnancing activiti8$ Not cash provid•d by flnanclng activltles Overall Cash provlded by all activitles A+8+C 33,858 1150,5711 Cash movements Change in Gash and cash equivalents from a¢livities in the year ended 31 March 2024 {33.858) {150,571} C88h and cash equlvalenls al 1 Aprll 2023 57,158 Change in cash and cash equivalents due to exchange rate movements Cash at bank and in hand le68 overdrafts at 31 March 23.300 150,571 19
Unity Theatre Cash Flow Statement for the year ended 31 March 2024 Unity Theatre Cash Flow Statement for the year ended 31 March 2024 - Continued Reconciliation of net incom• to net cash flow from operating activities Net income as shown in the Statement of Financi81 Activities {62.704) (170,314) Adjustmènts for :. Depreciation charges Write downs of investments Net unrealised losses on investment assets Dividends, interest and rents from investments Decrease in debtors Increase in creditors, excluding loans 24,709 24.563 (37} {7,813) 11,950 Net cash pmvlded by operating actlvltles (33,858 145,788 Analysls of cash and cash equivalents 2024 2023 Cash in hand at lor the year ended 31 March 2024 Notice deposits Iless than 3 months) 23,300 57,158 Total cash and cash equivalent8 23,300 57,158 Analysis of chang• in net debt Atstart Cash Flows At end of yoar 23,300 (33,858) of year 57,158 Cash 133.858> (33,858) Total 57,158 33,858 33,858 20
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 1 Accounting policies Policies relating to tha pmduction of the accounts. Basls of preparatlon and accountlng conventlon The accounts have been prepared on the accruals basis, under the historical cost ¢onvention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 20161 and 'FRS 102 SORP {Statement of Recommended Practice for Accounting and Reporting by Chariliesl 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP}, published by the Charily Commission in England & Wales {CCEWI , and In accordance with all applicable law In the charity's jurisdiclian of regislralion. except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charilie512019, applicable lo all accounting periods beginning on or after 1st January 2019}, (The SORPI, in preference to the previous SORP, the SORP 2005. which h28 been withdrawn, nolthstandIng the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly lo the SORP 2005. This has been done lo accord with current best practice. Golng Concern There are no uncertainties about golng concern. Rlsk8 and future a88umptlon8 The charity is a public benefit entity. Pollcies relating to categorles of Income and income recognition. Nature of Income Gross Income represents the value, nel of value added tax and disGounts, of goods provided to customers and work c8rried out in respect of services provided to customers. Categoriès of Income Income is categorised as income from exchange transactions (contract In¢om&l and income from non-excnange transactions {giftsl, investment income and other income. Income from exchange transactions is received by the ¢h8rity for goods or services supplied under contract or where entitlement is subject lo fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser. Income from a non-ex¢hange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, good8 and services freely given without giving equal value in excttange. Income recognitlon Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activits.es (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity's assets or a reduction in its liabilities and only when the charity has legal enlitlemenl. the income is probable and can be measured reliably. Inoome subject to terms and conditions which must be met before the charity is entitled to the resources is not re¢ognised until the conditions have been met. All income is accounted for aross. before deductino anv related fees or costs. 21
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 Accounting for deferred income and income received In advance Where terms and condtIonS relating to income have not been met or unGertainly exists as lo whether the charity can meet any terms or conditions otherwise within ils control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met, Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition. or is subject to unmet conditions wholly outside the control of the recipient charity, Is accounted for as a liability and shown on the balance sheet a5 deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met. When income from a grant or donation has not been recognised due to the conditions applying lo the gift not being wholly within the control of the recipient charity, il is disclosed as a Gonlingent asset if receipt of the grant or donation is probable once those conditions arè mel. Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and. where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on thè activity funded by them, bul there are no specific time related conditions. then the income is not deferred. Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable Policies relating to expenditure on goods and 8etvice8 provided to the charity. Recognition of liabilltles and expèndlture A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.. Liabilities 8rising frorn future funding commitments and construclive obligations, In¢lud1ng performance relatèd grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in Ilabilllles, and is decreased by the ulilisalion of any provision wlhin the period, 8nd reversed if any provision is no longer required. These movem8nts are charged or credited lo the respective funds and activities to which the provision relates. Allocatlng costs to actlvltles Direct costs that are specifically related to an activity arè allocated to Ihat a¢livity. Shawd direct costs and support costs are apportioned between activities. The basis for apportionment. which is consistently applied, and proportionate to the arcumslances, is Staffing - on a per capita basis, based on the number of of people employed within any partiular activity. Premlsos related costs - on the proportion of floor area occupied by a particular activity Non specific support costs - on the basis of the usage of resources. in terms of lime taken, capacity Used, request made or other measures Policies relating to assets, liabilities and provisions and oth•r matters. Tangible flxed assets Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into ils intended working condition. Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives. Leasehold premises Fixtures and fittings Computers 1 VD Straight line 25 °/0 Straight line 33.33 °/0 Straight line 22
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 Stocks and work in progress Stock is valued at the lower of GQSt and net realisable value. Debtor8 Debtors are measured at their recoverable amount8 at the balance sheet date. Creditor8 and provisions Creditors are measured at their payable amounts at the balance sheet date. Cash and bank balances Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn. are shown at the amounts properly reconciled to the bank statement5. Fund Accounting Unrestricted funds are available for use al the discretion of the tfustees in furtheranGe of the general objectives of the charity. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law. There are no endowment fund8. 2 Liability to taxatlon The Trustees consider that the charity satisfies the lest8 set out in PaTagraph 1 Schedule 6 of the Finants Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempl 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 AGI 1992. to the extent that such income or gains are applied exclusively on the specific charitablp objects of the charity and for no other purpose. 3 Windlng up or di8solutlon of the charity If upon winding up or dissolution of the charity there remain any assets. after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having 3irni18r objects to the charity. 4 Signiflcance of financial instruments to the charity's P08ition Theie are no significant implications of such matters. Net surplus before tax in the financial year 2024 2023 The net surplus before tax in the financial year is staled after charging'.- Depreciation of owned fixed assets Pension Costs 24.709 5.409 24,563 8,372 23
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 6 Interest payable 2024 2023 Interest payable 7 Staff costs and 8moluments Salary costs 2024 2023 Gross Salaries excluding trustees and key management personnel Employer's National Insurance for all staff Employers pension Gosts 289,801 15,968 5,409 248,429 21,854 6,372 Total 8alarie8, wages and related c08ts 311,178 276,655 Numbers ol full tlme employees or full time equlvalents 2024 2023 The average number of total staff employed in the year was 37 25 The average number of part time staff employed in the year was The average nurnb6r of full lime staff employed in the year was The eslimaled full lime equivalent number of all staff employed in the year was 29 13 25 The estlmated equlvalent number of full flme staff deployed In dlfferent actlvlties In the yèar was... Engaged on charitable activities Engaged on publicity activities Engaged on management and administratlon 25 The estimated full time equlvalent number of all staff employed as above 13 25 No employees received emoluments {excludin9 pension costs) in excess of £60.OIJO per annum. 8 Remuneration and payments to Trustees and pernons connected with them No trustees or persons connected with them received any remuneration from the charity. or any related entity. 9 Trustoes, exp•n8eg The expènses reimbursed lo trustees, OT paid directly lo third parties, in the current or prior year, was as shown below. 2024 2023 The amount reimbursed to trustees 260 The nature of the trustees, expenses was the reimbursement of travel expenses. The number of trustees, to whom expenses were reimbufsed was nil12023'. 21 24
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 10 Deferred income- Restricted funds Current Year Oponlng Deferrals Roleasèd Receivod Doforrod from prlor yèar8 le88 reloasgd in year at y•ar end Backstage Trust Patricia May Memorial Fund The Granada Foundation Onward community Foundation 18.443 3.000 2,000 1,500 Total 24,943 2024 2023 Tha80 doferrals are Included In credltor8 24,943 11 Tangible fixed assets Land and Buildlngs Cuff•nt Y•ar EquSpmont & Compuler furnlture equipment Total Cost At 1 April 2023 2,057,877 267,290 8,950 2,333,917 At 31 March 2024 2.057.677 267,290 8,950 2,333,917 Depreciation At 1 April 2023 Charge for the year 342.537 20,577 282,888 1,149 4,282 2,983 609,687 24,709 At 31 March 2024 363,114 264,037 7,245 634,396 Net book value At 31 March 2024 1,694.563 3.253 1,705 1,699,521 At 31 March 2023 1,715,140 4,402 4,688 1,724,230 12 Stocks & Work In Progre88 2024 2023 Stocks before write downs 1,847 1.647 13 Debtors 2024 2023 Trade debtors Prepayments and a¢¢rued income Other debtors 5,758 20,595 7.583 9,046 17,077 33,936 26,123 25
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 14 Creditors: amounts falling due within ona year 2024 2023 Trade Creditors Accruals Deferred Income - Restricted funds PAYE, NIC VAT and other taxes other creditors 21,358 18,688 24,943 25,983 5,604 59.505 2,589 20,861 1,669 96,574 84,624 15 Income and Exponditura aeeount summary 2024 2023 At 1 Aprll 2023 Surplus after tax for the year 1,724,534 162,7041 1,894,848 {170.314) At 31 March 2024 1.661,830 1,724,534 16 No related party tran8actions There were no transactions with related parties in the year. 17 Particulars of how particular funds are repr88ented by assets and liabilities At 31 March 2024 UnrtrICted funds D••lgnatgd funds Rgstriet•d Totsl Fund• fund Tangible Fixed Assets Current Assets Current Liabilities {2} 58,883 196,5741 1,699,523 1,699,521 58,883 (96,574) 137,693) 1,699,523 1.661.830 At 1 Aprll 2023 Unrostrlctgd funds D•#ignatsd funds Ro8trictèd fundB Total Fund8 Tangible Fixed Assets Current Assets Current Liabilities 121 43,678 (84,624) 1,724,232 1,724.230 84,928 (84,624) 41.250 40.948 1.724,232 41,250 1,724,534 26
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 18 Change in total funds over the year as shown in Note 17 analysed by individual funds Funds brought Movèment in Tran8fors forward from funds in 2024 botsyegn funds 2023 in 2024 Funds Carrled forward to 2025 Soo Nots 19 S&0 Nota 20 Unrestricted and deslgnated funds... Unrestricted Revenue Funds Designated Fixed Asset Funds 140,948) 1,724,232 (21,4541 24,709 (37,693) 124,709> 1,699,523 Total unre8trlcted and desl9nated fund$ 1,683.284 (21,454) 1,661.830 Restrlcted funds... Esm8e Fairbalrn Foundation Culture Liverpool 26,250 15,000 128,250} 115,000) Total r08trlcted fund8 41,250 141.2501 Total charlty fund8 1,724,534 62,704 1,661,830 19 Analysis of movements in funds over the year as shown in Note 18 other OainJ & InGom• Exynditure Movernent In fund8 2024 Los8e8 2024 2024 2024 Unrestricted and de$ign8ted funds... Unreslricled Revenue Funds 479.898 {501,352) (21,454) Restrlcted funds... E8mee Fairbairn Foundation Culture Liverpool Backstage Trust 126,250) 126,138) 118,5571 (26,2SO) 115,000) 11.138 16,557 507,593 (570,2971 (62,704) 20 Detalls of tran8fer8 between funds The transfers shown In note 18 above are... 2024 Tol{froml Unrestricted Revenue Funds in accordance with the accounts'ng policy 'Accounting for capital grants and fixed asset funds,. Tol{froml Designated Fixed Asset Funds 24,709 {24,7091 Net transfers 27
Unity Theatre Notes to the Accounts for the year ended 31 March 2024 21 The purposes for which the funds Unrestrlcted and deslgnated funds... These fLtnds are held for the meeting Ihé objectives of the charity, and to provide reserves for future 8Ctivities, and , subject to charity legis18tion. are free from all restrictions on their use. The purpose of these funds is described under the accounting policy 'A¢counting for capital grants and fixed asset funds.. Unrestrided Revenue Funds Designated Fixed Asset Funds Restricted funds... This funds "Creative Pool.. Unity's programme for development of creative opportunities. The trustees have agreed to fund part of the expenses from the general fund. The Culture Liverpool Grant was to deliver the Eurovision programme in May 2023, where Unity hosted performance5 from Ukrainian artists. Esmee Fairbairn Foundation Culture Liverpool 22 Ultlmate controlling party The charity is under the control of ils legal members. Every member of the charity is obliged lo contribute such amount ag may be requlred not exceeding £1 to the assets of the company in the event of its being wound up while he or she is 8 membèr, or within one year after he or she ceases to be a member. 28
Unity Theatre Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015 This analysis is classsified by conventional nominal descriptions and not by activity. 23 Donations, Grants and Legacies Curront year Unrestrlcted Funds Currènt yoar Restricted Funds Currant yoar Total Fund¢ Prior Ygar Total Funds 2024 2024 2024 2023 Donatlons and gifts from individuals Small donations individually less than £1000 Community Foundation for Merseyside Bundobust 2,193 5,000 2.000 2,193 6,000 2.000 14,409 Totsl donatlons and glfts from individuals 9,193 9,193 14,409 Current yo•r unrostri¢ted Funds Current yr è8tricteu Funds Current ypgr Total Funds Prlor Y•4r Total Fundo 2024 2024 2024 2023 Revenue grants from government and publlc bodie¥ Arts Council England Liverpool City Council 277,005 80.000 277,005 80,000 277,005 74,400 Total publlc Sector revenue grants 357,OOS 357,005 351,405 Current y9ar Unrestrict Fund8 Curront y¢ar R•$triGted Funds 2024 eurront year Tot•1 Fund8 Priory1 Total Fund• 2024 2024 2023 Revenuo grants and donatlon8 from non publlc bodles Culture Liverpool Greg Greenidge Memorial Trust Kirsten Scott Memorial Trust Onward Cornmunity Foundation Patrick May Memorial Fund 16,557 16,557 2,431 1,000 2,431 1,000 250 3,750 Total private sector revenue grants 3,431 16,557 19,988 4,000 29
Unity Theatre Detailed analysls of Income and expendlture for the year ended 31 March 2024 as required by the SORP 2015 Revenue grants and donations from non public bOdi6s Ilnclude Gift Aid donatlons from subsidiaries) Prlor Year analysis Prior Y•ar Prlor Yèar Prlor Yg4r Unr95trlcted Funds Restricted Funds Totsl Funds 2023 2023 2023 Totsl Donations, Grants and Legacies A1 369.629 16.557 386,186 369,814 24 Income from charltable actlvitie8 - Tradlng Actlvltles Current year Currènt year Unrestrlcted Fund8 2024 Currant year R98trictgd Funds 2024 Current year Total Funds Pr5or Year Total funds 2024 2023 Prlmary purpose and anclllary tradlng Bar sales 20,802 20.802 25,385 Commercial hire and services Creative event income 53,468 35,999 53,468 35,999 24,766 43,101 Total Prlrnary purpo80 and ancillary tradlng 110,269 110,269 93,252 Curront year unr98tricted Funds Current y•ar estrictea Funds Current year Totsl Fund8 Prlor Yèar TotJl Fund8 2024 2024 2024 2023 Performance related grants from publlc bodies to fund charitable activities Culture Liverpool 11,138 11,138 15,000 Totsl performan¢o related grants from public bodies 11,138 11,138 15,QOO 30
Unity Theatre Detalled analysls of income and expenditure for the year ended 31 MarGh 2024 as required by the SORP 2015 Performance related grants from publlc bodles to fund charitable activities - Prior Year anal19 Prlor Year Prlor Year PriorY¥ar Unrestrlcted Fund¥ Restrlctod Funds Total Funds 2023 2023 2023 Prlor Yoar 15,000 15,000 Unrostricted Fund¥ Re8trl¢ted Funds Total Fund8 Prlor Year Total Funds 2023 2024 2024 2024 Total Charitable Income from funders:. Current year - Income from funderg 11,138 11,138 15,000 Prlor year Prlor Yg•r Prlor Year Prior Y•ar Unro8trlcted Funds Restrlcted Funds Total Fund• 2023 2023 2023 Prlor Year . Income from funders 15,000 16.000 25 Total Income from charltable actlvltles Curfont yéar unrestricted Fun(18 Current year NestriGio0 Funds Currgnt year Toial Fund8 Prlor Yèar Current year Total Funds 2024 2024 2024 20YJ Total income from charitable trading Income from funders 110,269 110,269 11,138 93,252 15,OL)O 11,138 Total from charitable activities A2 110,269 11,138 121,407 108,252 31
Unity Theatre Detailed analysis of income and expenditure for the year ended 31 March 2024 as roquired by the SORP 2015 Income from charltable activitles . Prior Year analysls Prlor Year Unrestrictèd Funds Prlor Yèar Restrict9d Funds Prlor Ygar Prlor year Total Funds 2023 2023 2023 Total income from charitable trading Income from funders 93,252 93,252 15,000 15,000 93,252 15,000 108,252 26 Investmènt Income Currgnt year unMstrict•d Funds Current y9ar K•stnctod Fund8 Curront y•ar Total Fund8 Prior Year Total Fund8 2024 2024 2024 2023 Bank Interest Receivable 37 Total investment income A4 37 27 Expenditure on charitable activitie8- Direct 8pending Current year unrestricte Fund8 Curr•nl year estricied Fund8 Curront yg•f Prlor Yoar Total Funds Total Funds Current Year 2024 2024 2024 2023 Gross wages and salaries- charitable activities Bar stock and consumables Community event expenditure Creative event expenditure Production costs and box office fees Freelancers direct costs Access costs 67.507 5,780 73,287 90,733 9,697 10,871 22,015 10,708 819 9,697 10,871 27,934 27,624 819 11,936 11.159 61,849 8.916 5.919 16,918 5.665 Total direct spending B2a 121,616 28,617 150,232 190.258 Prior Year Unr98triet•d Funds Prlor Year trictea Funds Prior Yoar Total Funds Prior Year 2023 2023 2023 Gross wages and salaries - charitable activities 82,136 8,597 90.733 Total direct Spending 82a 181,661 8,597 190,258 32
Unity Theatre Detailod analysls of income and expenditurg for the year ended 31 MarGh 2024 as required by the SORP 2015 28 Support costs for charitable aGtiviti68 Current yoar unrgsiricte Funds Curront ygar rtestricte Fund8 Current yèar Prior Year Total Funds Total Funds Current Year 2024 2024 2024 2023 Employee costs not included in direct costs Salaries - Adminislralive staff Training and welfare and health and safety Freelancers overhead c05t 167,321 6,419 1,150 16,863 184,184 6,475 2,961 192,939 12.233 1,991 1,811 Premlses Expenses Rates and water charges Light heal and power Cleaning and waste managèmént Premises repairs, renewals and mainlenanGe Insurance 2,417 15,919 12.009 2.417 15,919 12.009 2,129 21,839 14.698 18.494 14.044 18,557 30,601 8,471 8,471 7,498 Admlnlstrative overheads Telephone, fax and internet Office adminislralion Gosls Subscriptions, licence and seNicing Hire of equipment Marketing salaries Advértising and m8rk8ting 4,500 1,485 6,185 933 50.100 16,294 4,500 1,486 6,185 933 53,707 17.728 4,222 12,789 45 4,632 76,964 23.606 3,607 1,434 Pmfesslonal fees paid to the Auditor or Independent Examlner In addition to audlt and examination fees As detailed in Note 29 39,032 39,032 29,237 Pmfessional fees paid to advisors other than the auditor or examiner Accountancy fees other than examination or audit fees Other le9al and professional 2.570 3,899 3,899 4,625 Financial costs Bank charges and other financi81 fees 2,426 2,426 450 Depreciation & Amortisation in total for the period Interest payable 24,709 24,709 24,563 49 49 Support C06t6 before reallocation 377,362 40,328 417,690 456,624 Total support costs - Current Year 377,362 40,328 417,690 455,524 The basis of allocation of costs between activities is described under accounting policies 33
Unity Theatre Detailed analysis of income and expenditure for the year ended 31 March 2024 as required by the SORP 2015 Curr¢nt year Unrnstrlctgd Funds 2024 Current yèar RtriCtsd Funds Prior Y¢ar Tot41 Fund8 Prfor Year 2024 2023 Employee costs not Included in direct costs Salaries - Administrative staff 174.196 18,743 192.939 Premises Expenses Premises repairs. renewals and maintenance 15,108 3,386 18,494 Admlnistratlve overheads Marketing salaries Advertising and marketing 71,694 21,248 5,270 2,360 76,964 23.608 Support costs before reallocation 425,765 29.759 455,524 Total Support CO8t8 - Prlor Year 425,765 29,759 455,524 The basis of allocation of c05ts between aGtivilies is de8Gribed under 8¢counting policies 29 Othor Expendlture - Governance costs Currènt year unr&$tri¢tea Funds Currènt year tr$tri¢to0 Fund¥ 2024 Gurrent yèar Total Fund PTIOT Year Total Funds Current Y•ar 2024 2024 2023 Independent Examiner's fees Trustees, expenses 2,375 2,375 2,375 260 Totsl Governance cogt8 2,375 2.375 2,635 Professional fees paid to the Auditor or Independent Examlner in addition to audit and examination fees Currgnt year Unrestrictod Funds Currgnt ygar Rostrlcted Funds 2024 Currgnt year Prlor Yr Total Funds Total Fund$ 2024 2024 2023 Other financial services 39,032 39,032 29,237 Total additional fees included in support costs at Note 28 39,032 39,032 29,237 34
Unity Theatre D8tailed analysis of income and •xpenditure for the year ended 31 March 2024 as required by the SORP 2015 30 Total Charitable expenditure Curront year unresirict8d Funds Current year rtèstrictea Funds Currènt yoar Prior Yèar Totsl Funds Total Fund$ Current Year 2024 2024 2024 2023 Tot81 direct spending Total support costs Total Governance costs 82a B2d B2e 121,615 377.362 2,375 28.617 40,328 150.232 417,690 2.375 190.258 455,524 2,635 Total charltable expendlture B2 501,352 68,945 570,297 648,417 Prior Year unrostrictsd Fund# Prlor Yoar Restrictgd Fund8 Prlor Ye8r Total Fund• Prior Year 2023 2023 2023 To181 direct spending Total support costs Total Governance cost8 B2a B2d B2e 181,661 425,765 2,636 8,597 29,759 190,258 455,524 2,638 Total charltable èxpendlture 82 610,061 38,356 648,417 35
Unity Theatre Activity analysis of Income and expenditure for the for the year ended 31 March 2024 This analysis is classsified by activity and not by conventional nominal descriptions. 31 Analysis of income by activity SOFA ref 2024 2023 Activity Income from charltable activitie$ Primary purpose and ancillary trading 121,407 108,252 Summary of Total Incorne, Includlng the items above Charitable activities Donations & Legacies Investment income A2 A1 A4 121,407 386,186 108,252 369,814 37 Total Income as shown In the SOFA 507,593 478,103 Categories of income Income from exchange Iran58clions 507.593 478.103 32 Analysls of charltable expendlture by actlvlty Activity Direct costs Support costs Grant funding of activities 2024 Total Total 2024 2024 2024 2023 Primarypurpose and anclllary tradlng Direct Gosts Employee costs not included in direct ( Premises expenses Administrative overheads Professional fees Financial ¢o$ls 150,232 150,232 193,620 69,417 84,538 42,931 27,184 190,258 207,163 64,658 122,258 36,432 25.013 193,620 69,417 84,528 42,931 27.184 Total Prlmary purpose and anclllary trading 150,232 417,690 667,922 645,782 36
Unity Theatre Activity analy616 of Income and expenditure forthe for the year ended 31 March 2024 Summary of charitable costs by activity Direct costs Support costs Grant funding of activiti8s 2024 Total Total 2024 2024 2024 2023 Totsl Primary purpose and ancillary tra Total Governance costs as detailed in Note 29 150.232 417,690 567,922 645,782 2,375 2,375 2,635 Total charltable expenditurg 150,232 420,085 570,297 648,417 The basis of allocation of costs between acliwties is described under accounting policie6 The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 30 Analys18 of 8UPPOrt and governance costs by charitable a¢tiviti08 Governanc¢ Flnance Human Other Re80ufGe8 Overhead8 Total Activity Primary purposè and ancillary trading 2,375 27,184 193,620 196.886 420,065 33 Governance costs Governance costs Governanco costs 2024 2023 Other Expenditure - Governance costs as detailed in Note 29 2,375 2,635 34 Carrylng value of work In progres3 analysed between a¢tlvitles 2024 2023 Primary purpose and ancillary trading 1,647 1.647 37