THE RUDE MECHANICAL THEATRE COMPANY Com n No: 3332773 Chari No: 106439910 FINANCIAL STATEMENTS -for the year ended- 31 •t October 2024
THE RUDE MECHANICAL THEATRE COMPANY DIRECTORS P Keen A Keen M Depla-Lake G Overington A Scallan P Talbot SECRETARY P Talbot REGISTERED OFFICE The Peppe Nappa Studio Unit 8 Commercial Mews South 42a Commercial Road Eastbourne East Sussex BN213XF PRINCIPAL BANKERS The Co-operative Bank PIC Business Direct PO Box 250 Skelmersdale WN8 6wr
THE RUDE MECHANICAL THEATRE COMPANY INDEX TO THE FINANCIAL STATEMENfs FOR THE YEAR ENDED 31st October 2024 Page 1-2 Report of the directors statement of financial activitRs Balan sheet 6-8 Notes to the financial statements
THE RUDE MECHANICAL THEATRE COMPANY LTD REPORT OF THE DIRECTORS The directors present their report and the financial statements for the period ended 31st October 2024. The Company was incorporated on 13th March 1997. It is a company limited by guarantee and not having a share capital. It 18 therefore govemed by memorandum and articles of association. The company exists to advance drama. There have been no changes in the policies during the year. The Directors are not aware of any requirements for an accountarfs report and have therefore decided that as the m0Ver is below the £250.1X? tlyeshold, to take the optiop. to dispense with an independent examination of the charity's accounts. REVIEW OF ACTIVITIES During the period of the report the Company planned to tour to 42 outdoor venues during the summer and one venue, Eastboume, to perfomi in a circus tent for a week, a project now well established as an ending to the tour. This was 49 performances altogether, including two in Lewes and six in Eastboume, all of which took place. afthough on three occasions rain forced us inside to village halls. The aY was a new version of The Dressing Book,, which went out initially in 2012. It was so successful at the time it was felt it deseNed another run, which indeed was extremely appreciated. We receNed grants during the period from Langton Green Society. The Chalk Cliff Trust and the Charities Aid Foundation, for which we are extremely grateful. Extraordinarily, too, our supporters raised over £20,500 in order for us to buy another van, our old having finally gNen up after many years. We are extremely grateful to them for this, which is a marK not only of their generosty, but that they care so much about our work. for which we must be proud. We also receNed from them over £1.800 in donations. Overall it was an excellent year in every way. making a very substantial profrt. It also marked the end of an era in that our founder and artistic director. Pete Talbot. stood down after running the Company for 27 years and it was taken over by Rowan Talbot as our new artistic director. We have absolute confidence that this marks the beginning of another great period of success and we wish Rowan well. No directors resigned during the year. Pete Talbot was appointed as a director but also retains his role as secretsry. Page 1
THE RUDE MECHANICAL THEATRE COMPANY DIRECTORS The directors who seNed during the year were as follows.. P Keen A Keen M Depla-Lake G Overington A Scallan P Talbot The Board has the power to appoint additional directors as it considers fit to do so. CLOSE COMPANY The company is a close company as defined by the Income and Corporation Taxes Act 1988. Board 7(LL y Order of the P Talbot Secretary Dats: 29th July 2026 Page 2
THE RUDE MECHANICA THEATRE COMPANY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 October 2024 Unrestrlctsd Re8trlcted Funds Funds Total 31st October 2024 Total 31" October 2023 Notes Incomin resources Donations Box Office sales Other Income 35,437 147.222 3.727 35,437 147,222 3.727 6,647 113,718 11,208 Total incoming re80urce8 186,386 186,386 131,573 Resources ex nded Charitable expenditure". Theatre costs Support costs Management and administration AccountanGy 102,019 49,075 102,019 49.075 89,441 44.421 300 300 300 Total resources expended 151.394 151,394 134,162 Net movement in funds 34.992 34,992 -2,589 Fund balances brought forward 17,750 17,750 20,339 Fund balances at end of period 52.742 52,742 17,750 The notes on pages 6 to 8 fonn part of these financial statements. Page 3
THE RUDE MECHANICAL THEATRE COMPANY BALANCE SHEEf AT 31 October 2 31 October 2024 31st October 2023 FIXED ASSETS Tangible assets 17,206 2,781 CURREKf ASSErs Cash at bank and in hand Debtors 37,036 16,469 37.036 16.469 CREDITORS: other Bank Loans NET CURRENT ASSETS 35.536 14,969 TOTAL ASSETS LESS CURRENT LIABILITIES 52,742 17.750 FUNDS Unrestricted funds Restricted funds 52,742 17,750 10 52,742 17,750 The statements required to be made by the companys directors and signatures required by the Companies Act 2006 are given on the following page. The notes on pages 6 to 8 form part of these financial statements. Page 4
THE RUDE MECHANICAL THEATRE COMPANY BALANCE SHEET AT 31•t October 2024 Contlnued The ¢J)mpany is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 St October 2024 The members have not required the company to obtain an audit of its financial statements for the year ended 31 St October 2024 in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for ensuring that:. The company keeps accounting records whith comply with sections 386 and 387 of the Companies Act 2006; Preparing the financial ststements whith give a true and fair view of the state of affairs of the company as at 31st Ortober 2024 and of its profit or loss for the year then ended in accordance with the requirements of sections 394 and 395, and which otheiSe comply with the requirements of the Companies Act 21NJ6 relating to financial statements. so far as is applicable to the company. The financial statements have been prepared in accordan with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Small Entities (effective April 2008). The financial statements were approved by the board on 29th July 2025 and signed on half by P Talbot ffLL Socrotary P Koen Trustee Page 5 The notes on pages 6 to 8 fonn part of these financial statements.
THE RUDE MECHANICAL THEATRE COMPANY NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31•t October 2024 ACCOUNTING POLICIES BASIS OF ACCOUNTING The financial statsments have been prepared under the historical cost convention. The accounts have been prepared in accordance with Statement of Recommended Practice- Accounting and Reporting by Charities, issued in October 2001, together with applicable accounting stsndards and the Charities Act and Companies Act 1985. INCOMING RESOURCES The total Invol value of income from plays. grants. etc. is included in incoming resources when receivable. RESOURCES EXPENDED ReSoUrS expended are induded in the Statement of Financial Activities on an accruals basis. DEPRECIATION Depreciation is provided using the followlng rates and bases to redu by annual instalmerrts the costs, less estimated residual value, of the tangible assets over their estimated useful lives:. Plant and machinery Fixtures and fittings Motor vehicles 25Yo Reducing balan 250h Reducing balance 25 /0 Reducing balance DEFERRED TAXATION Deferred taxation is provided where there is a reasonable probabilty of the amount becoming payable in the foreseeable future. Page 6
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1"Octo er 2024 Contlnued....... 318t Oct 2024 31st Dec 2023 2. Net movement In funds is stated after charging: Depreciation Operating lease rentals: Land and buildings 5.735 927 And after crediting: Donations Grants receivable 27.687 7,750 3.261 2.000 35,437 5,261 3. DEBTORS 31st Oct 2024 31st Dec 2023 Grants Debtors 4. FIXED ASSErs Motor Plant & Flxtures Vehicles Machlnery & Flttings Total Brought foward Additions Disposals 22.313 20,160 551 17,032 39,896 20.160 At 31" October 2024 42,473 551 17.032 60,056 clatl Brought forward Charge for year Charge on disposal 19.552 5,730 551 17,013 37.115 5,735 At 31 October 2024 25,282 551 17,018 42.850 Net book value at 31" October 2024 17.191 15 17,206 Net book value at 1st Noventsr 2023 All a&8ets are for charitsble use. 2.761 19 2,781 Page 7
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" October 2024 Continued....... 31st Oct 2024 31st Oct 2023 5. CREDITORS: Amounts falling due withing one year Other Credltor8 Other Loans 1,500 1,500 1,500 1.500 6. THEATRE COSTS 2024 2023 Direct admlnlstration Costumes and materials Sundry direct costs Licenses & Subscriptions Productlon Fees Printing, 8tationery and adverti8ing Actors 5,876 11,785 142 250 11,220 10,172 62,574 102,019 2,791 5,014 242 10,466 8,852 61,409 89,441 7. SUPPORT COSTS 318t Oct 2024 31st Oct 2023 Unrestrthd funds: Training Travel & accommodation Prem18es Hlre Insurance Telephone Sundry expenses Bank Chargesllnterest Depreclation 19,687 21,375 1,148 1,132 21,029 20,559 5,735 49,075 927 44,421 8. DIRECTORS None of the Directors (or any persons connected with them) received any remuneration or reimbursement of expen8e8 during the year. 9. EMPLOYEES There were no employees during the year. 10. RESTRICTED FUNDS There were no restricted funds during this year Page 8