COMPANY REGISTRATION NUMBER: 03296703 CHARITY REGISTRATION NUMBER: 1062498 Pluto Productions Unaudited Financial Statements For the Year Ending 31 March 2024 Pluto Productions Financial Statements Year Ended 31 March 2024 Page Trustees. Annual Report (Incorporating the Director's Report) Independent Examlneffs Report to the Trustees statement of Fin8ncial Activities (Including Income and Expenditure Account) Statement of Financial Position Notes to the Financial Statements Pluto Productions Trustees, Annual Report (Incorporating the Director's Report) Year Ended 31 March 2024 The trustees, who are also the directors for the purpose5 Ot- company law, PTe5ent their report and the unaudited fLnancial tatcmcnts o)f thL charity for thc yLar Lndcd 31 March 2024 . Oblectlves and Actlvltles Objects and aims The charity's principal objective. ds set out in lis MemoranLluni ot"Association is the development ot.new theatric¢il writinL'. To aihi¢v¢ thi% Pluto Produitions Produces bhows which are by new writers or are origitial productions. Hires theatres lo stage productions- The charity aims to advance public education in all aspects of the dramatic arts by the presentatioii and production of plays and oth¥r cxprcssions of drania, including th¢ cominissioiiing of ncw works and thc mounting of public p¢rformanc¢s of thcm. Publlc beneflt The trustees have had regard t.or the Cliarity Cointnlssioiis guidance 011 public benefLt. They coiisider the charity's activities are all in the public benefit in particular they COLisid¢r tl)Jt 2022 has been ali active >¢ar for Pluto Praduclions and has continued to fulfil ils public benefit requirenienls, Over the 24 years Plulo has been esiablished Ihere have been tnans perfonnances of plays such as original play 'Don'l Leave Me Now,. Performances have included clients Irom Care England lo Dernentia UK for their annual conference and have iiicluded perfvmiJnce5 iii hospitals, hospice4, churche5 (Iiid even a Musque. Pluto Production'% clicnls are health qervice orieniated. The iruslees confimi that they have complied with the requirements of section 17 of the Charities Act 2011 lo have due regard to the public benelil guidance published by tlie Chariiy Coininission for England and Wales. Achievements and Financial Review The accounts for Pluto Play Productions demonstrate a steady rise in income and a reduction iii expenditure since ￿'e draw further away from Covid. Like most organi.8atii)ni that intcrfacc with thc public, our busincss almost groLind to a halt with j ust the odd zoon) performance. Health and Social serviees ivere ehallenged enough without having lo consider additional audience facing events. It is ￿aSsurIng7 tv note that we have Inade a Invdest profit in the y* regtricied incoine fundq or endowmeni funds. Income All income is included in the statement uf finaiicial activities when the charity 15 entitled to the incunie, any performance rclatcd conditions attachcd havc bccn Inct or arc fully within Ihc control of thc charit), the income is considercd probablc and the ainount can be qllanlified with reasonable accuracy. The following speeific policies are applied lo particular categories of incoine.. Donations and legacy incoine 15 received by way ot. donation5, legTacies, grant5 and gift5 and 15 included in tull in the StalenieT]t of Financial Activities when receivable. Where legyacies liave been T]olified to the charity but the criteria for incoine recognition have not been met, the legacy is Ireaied a,4 a contingent aqsei and disclosed if material. CJrants, where entitlemenl 18 not conditional on the delivery of a specific performance by the charity, are recognised when the charily becomes unconditionally entitled to the grant. Donated services and taeilities are included at the value to the charity, being the amount tlie Lh¢irity would have been willing7 to pay IL) obtain serviles or faLililies of equivalellt economiL benefit on Ihe open Inarket. Investment income is included when reLeivable. Income fr(Trm Charitable trading activity 18 accounted for when eAmed. InLome tTOm grants. where related to pertonnance and specilic deliverables, are accounted tor as the charity earns Ilie righi lo consideration by its pertom]ance. Expenditure EApciidilui't is i'eLogiii%cd 011 ali aLLI'ualb ba￿1% a% a liability Is illLUlI'cd. EAiy¢iidilui'c illLludeb aiiy V A T whiLII Laiiiioi be fully recovered, Lind is reported as part ot, the expenditure lo which il relates.. Costs of raisinsi t"uiids coinprise the costs associated with attracting donation5, &Yrants and lebTracies and the costs of tradinsj t.or fundraising, purpus¢s. Charirable expenditure comprise4 those Costs Ai)curred by the charity Ai) the delivery of itq activitie.% and Se￿l¢e% for ii. beneliciaries. 11 includes bolli costs that can be alloc&?led direcily lo such aclLVitieb and ihose cosis ot. ali indirect nalure necessary 10 5UPPOrt them. Other expenditure includes all expenditure that is neither related to raising funds for the Charity nor parl of its expenditure on charitable aclivilies, All costs are &2llocated between the expenditure categories ot" the SOFA on a basis desigiied lo reflect the use of the resource. Costs relatingF ro a particular activity are allocaied directly. others are apportioned on an appropriate basis, as set out in tlie notes to the accounls. Flnanclal Instruments The cliarity only has tinancial assets and liabilities ol. a kind Ilial qualil>' as basic tiiiancial inslrurnenls. Basic tinancial inslruinents are iiiilially recogmised at transaction value and subsequently Ineasured c1t their settlement value. Deblors Trade and other debtors are recug7nised at the settlement amount due after any trade discDunt c)ffered. Prepayments are valued at thc ainount prcpaid nct of any Iradc discounts duc. Accrued income and tax recoverable is ineluded al the best estimate of the amounts receivable al the balance sheet dale. Cash at Bank and in Hand Cash al bdnk and Lash iii hand inLlud¢s Lash dnd short term hig7hly liquid investments with a short malurity of three nionths or le%q from the date of acqui.sition or opening of the deposit or similar account. Creditors Credilors are recognised where the Charity has a present obligation resulting trom a past event that will probably result in the transfer vf funds tu a third party and the amount due tu s¢iil¢ the oblig7ation Lyn be measured or estimated reliably. Creditors are normLilly recogniqed ut their settlement urnount after allowing for any trud2 discountq due. Taxation The company is considered to pass the tests sel oiit in Paragraph I Schedule 6 of the Fiiiance Act 2010 and theret.ore it ineets tlie defiiiitivn vf d Lharitable iompaiiy for UK Lurpuratiun t¢lX purpose5. ALLUI'dinb,ly. tlie compaiiy is pulentidlly ¢xenipt from taxaiion in re8pect of income or capiial gains received wiihin categories covered by Chaptei. 3 Part I l of the Corporation Tax Act 201 O or Section 256 of the taxation ot Chargeable Gains Act 1992, to the exlenl thlL t such income or gaiiis are applied exclusively to charitable purposes. 4. Limited by Guarantee The company iq limited by guarantee. Al 3 lqt March 2024 there were 4 Inembers each of whom had undertaken 10 contribiite an amount not exceeding £ l in tlie event ot a winding up. 5. Donations and Legacies Unrestricted Funds Total Funds 2024 Unrestricted Fiinds Total Funds 2023 Donatlons Dvnalions 20 20 7,500 1.500 7,500 Gift uid 20 20 9,IX)O 6. Charitable Activities Unrestricted Total Funds Funds 2024 Unrestricted Funds Total Funds 2023 Perforinaiicc f¢¢s 43.750 43,750 31.700 31.700 7. Expenditure on Charitable Activities by Fund Type Ui)r¢strAct¢d Total Funds Funds 2024 Ui)rcstri¢t¢d Funds Total Funds 2023 Cost of charitable activilies 37,481 360 37.481 30,886 360 30,886 360 Support costs 360 .37,841 37,841 8. Expenditure on Charitable Activities by Activity Type Activities iinden2ken directly Total funds 2024 Total fund 2023 Support Gosls Cost (yf charitablc aclivilics CJovernance costs 37.481 37.481 30,886 360 360 360 37,481 360 37.841 9. Independent Examination Fees 2024 2023 Fees payable to the independent exaininer for.. Independent ¢xaininalion ot. th¢ tinancial slal¢m¢nts 360 360 10. Staff Costs The avera&Te liead count of einployee5 duringi the vear was Nil (2023.. Nil). No eiMployee received eniployee benefiti of Inore than £60,000 during the year (2023.. Nil). 11. Trusteè Remuneratlon and Expenses Noiic of tlic ti'ustccs Iior aiiy y¢150115 GOllli¥Ctcd willi tliciii I'¢¥civcd aiiy Iriiiuiici'atioii oi. rxpciiscs ti'oiii Ilie Lliai'iiy dui'i1i8 tli curreiit or previous yeclr. 12. Creditors: amounts falling due within one year 2024 2023 Bank loan8 and overdrafLs 43 Accruals and deferred income 360 360 360 403 13. Analysis of Charitable Funds Unrestricted funds At 31 March 2024 At l April 2023 Incorne Expenditure General tunds (403) (37,841) 5,526 At 31 March 2023 At l April 2022 Income Expendilure (ienerdl tunds {Y,8i71 40,70U (31,246) (4031 14. Analysis of Net A55et5 Between Funds Unreslricled Total Funds Funds 2024 Current astsets Creclilors le%s thun l yeur 5,886 (360) 5.886 (360) Net assets 5,526 5,526 Unrestricted Total Funds Fiinds 2023 CutTenl assets Creditors less than l year (403) 140.3) Net assets (403) (403) This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic fonn, authentication and manner of delivery under section 1072 of the Companies Act 2006.