TYNEMOUTH PRIORY THEATRE
(A company limited by guarantee)
REPORT AND FINANCIAL STATEME
TS
FOR THE YEAR ENDED 31 MARCH 2024
COMPANY NO.3407455
CHARITY NO. 1071165

TYNEMOUTH PRIORY THEATRE
Contents
Independent Examinerfs Report
2-.3 Report of the Directors and Trustees
Statement of Financial Activities
Balan￿ Sh￿t
6-.9 Notes ta the accounts
The following page. does not fom part of the .statutory accounts
10 Detailed Statement of Financial Activities

Independent examinerfs report to the trurtees of Tynemouth Priory ThEatre
I reporton the.accOUr￿ of the company for the year ended 31 Mar£h 2024. which are set out on
pages 2 to 9
Respective responsibilities of trustees and examiner
The trustee5 (who.are.also the directors of the company for the purposes of company law) are
responsible forthe preparation of theaccounts. The trustees considerthat an audit is not required
for this year undersection 144.of the-charities Act 2Ckll (the CharitiesAct).and that an independent
examination is needed..
it is my responsibiltyto:
examine the accounts under *ction 145 of the Charities Act-
follow the procedures laid down in the general Directions given by the Charity Commission under
section 145(5)(b) of the Charitie5 Act: and
state whether p.a"rticular" matters.have come.to my attention.
Basis of independent examinerfs report
My examination was cartied out in accorda nce with the general Directions given by the Charity
Commission. An examination indudes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual itemsDrdisclosures in the accounts, and seeking explanations from you.as-trustees
concerning any such matters. The procedures undertaken do not provide all the eviden￿ that would
be required in an audit and consequently no opinion is given as to whetherthe accounts present a
'true and fairVie￿ and the report is limited to those matters set out in the statement below.
Independent examinerfsstatement
In connection with.riiy examination. no matter has come to my attention to indicate that."
accounting records have not been kept in accordance with section 386 ot the Companies Act 2006,.
the accounts do not accord with such records..
they fail to comply with relevant accounting requirements under sectioN 396of the Companies
Act 2006, or are nDtconsistent with the Chartties SORP IFRS102).
• there is any matterwhich, in my opinion, should be drawn to the attention of the reader to gain a
proper understanding of the accounts
J T Hogg ACA
38 Stanhope Road
South Shields
NE33 4BT
'st
Date: l August 2024
page I

TYNEMOUTh PRIORY THEATRE
DIRECTORS. REPORT
YEAR ENDED 31st MARCH 2024
The directors have pleasu￿ in presenting their report and the unaudited financial statements of the. charity
for the year ended 31st March 2024
INTRODUCTION
This report is both the directors report required under the Companies Act 20(￿.and the trustees. annual report
under the Charities Act 2011.
LEGAL STATUS
Tynemouth Priory Theatre is a private comp.any limtted by guarantee, No 34.07455. incorporated in England
and is registered chaiity No. 1071165. It was incorporated on 23rd Septembei 1997 and [5 govemed
in accordance with its Memorandum and Articles Of Association, and commenced operations on 1st April 1999.
The Company's Registered Office is Percy Street, Tynemouth, NE3Q 4H
OBJECTIVES OF TYNEpaoLm4 PRIORY THEATRE
The principal objective of tbe Theatre is to promo(e the advancement and rmprovement of general education
in relation to aspects of the art of Drama and the development of public appreciation of. such atL
STRUCTURE, GOVERNANCE AND MANAGEMENT
The members appoint three trusteeldirectots being the Chaiman, Treasurer and Secretary. In addition a
management committee is appointed at each Annual General Meeting to manage the operalions of the
charity. There are no full time employees and no re_muneration is payable to directors or committee
members for management dulles.
The directors who served the charity during Ihe year were es follows:
MTS A Leake
Mrs R H Hardy
Miss V L(Kkey
ACHIEVEMENTS AND PERFORMANCE
There were 4 productions.during the year {2023 5 productions) as the theatre continued to recover from
the effects of Covid 19.
VOLUNTARY HELP
The Theatre is run entirely by voluntary help. covering theatrical. administrative and trustee wort.
page 2

TYNEMOUTH PRIORY THEATRE.
DIRECTORS. REPORT- continued
YEAR ENDED 31st hlARCH 2024
PRODUCTIONS DURINGTHEYEAR.
There were four prod.uctions during the year
Income from plays ￿ as follows
Sales
Costs
Surplus
4,880
6.9Q3
11.334
6,206
Steel Magnolias
The Odd Couple
Humpty Dumpty
Murder By Misadverrture
6369
1489
834
7,636
1,430
Total
6.693
29.323
RESULTS AND FINANCIAL REVIEW
The results for the year and the charilvs financial posttion at the end of the year are shown in the attached
financial statements.lt is the policy of management to accumulate sufficient reserves to provide for
running costs and improvements.to thetheatre, aEthough no spectfic amounts have been set. Of the
accumulated reserves, those relatig to fixed assets are not available for running costs{see note 13)
PUBLIC BENEFIT
As stated above. the principal objective of the Theatre is to promote the advan￿ment and improvement of
general education in relalton to aspects of the art of Drama and the development of publiG appreciation of such art.
This is achieved not onty by presenting the Theatre's own productions but also. making the building available
for other groups and socieltes. thus beneffting the public in the sumunding area.
Signed by order of the directors.
Registered office:
Percy Street
Tynemouth
V Lockey
App.ioved by the directOTS on the 1 st August 2024
page 3

TYNEMOUTH PRIORY THEATRE
STATEMENT OF FINANCIAL ACTivrriES
YEAR ENDED 31st MARCH 2024
Note
Restricted Unrestirted
2024
2024
Total
2024
Total
2023
INCOMING RESOURCES
Incoming resources from genprated funds=
Voluntary income..
Grants and Donations
Investment Income
Incoming resources from charitable activitie5
TOTAL INCOMING RESOURC
9.061
9.061
480
8.901
58
47,953
50.253
RESOURCES EXPENDED
Charitable Activities
Governance Costs
1U:,908
29.583
10,90&
29.583
13.544
TOTAL RESOURCES EXPENDED
40.491
NET INCOMING RESOURCES FOR THE YEAR
9,762
.9,762
21.563
Balance brought forward
4,000
351.981
355,981
Balance carried fonvard
4,000
361.743
365.743 355,981
The statementof financial actsviknes includes all gains and losses in the year. All incorDing resources
and resourcesexpended derive.from continuing arttvities.

TYNEMOUTH PRIORY THEATRE
BALANCE SHEET
AS AT 31st MARCH 2024
2024
2023
FIXED ASSETS
Tangible Assets
(note 9)
306.,08.1
301 ,297
CURRENT ASSETS
Debtors
(note 10)
Cash at bank and in hand
4,739
62,416
67.155
4.385
.54.203
58.588
CREDITORS:Amounts falling due within
one year
(note 11)
3.904
NET CURRENT ASSEfsi(LIABILITIES)
59.662
54,684
TOTAL NET ASSErs
365.743
355,981
FUNDS
Restricted
Unrestricted
(note. 12)
(note 12)
4.000
361,743
365 743
4,000
351,981
355 981
For the year ended 31 st March 2024 the company was entitled to. exemptionfrom the audit
under section 477 of.the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in
question under section 476.of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the
Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordan￿ with the provisions applicable to.companies
subject to the small companies regime and. in accordance with FRS102 SORP
Approved by the directors on 1 st August2024 and signed on their behalf by.
Miss V Lockey
Mrs R H Hardy
page 5

TYNEMOUTH PRIORY THEATRE.
NOTES TO THE.FINANCIAL STATEMENTS
YEAR ENDED 31st IAARCH 2024
ACCOUNTING POLICIES
Basis of accounting
The financial stalemertts"" have been"prepared under ht51orical cost conventiorr:
with items recognise£S at cost and Ei accotdan(x with the stslemenl.of Recommended
Practice.. Accounting and Re￿ling by Charities yeparing their aGcciunts in
accordance with the Financwl ReFLlrtirwJ Slandard applicable in the UK IFRS 102)
issued on 16 July 2014
Change of A¢¢ounting PoScy
The accounls.present a true"an"d fair view atKI no changes have made to
accounting policies or estlnth. No material prioryear eThots have ￿en
n the accounting period-
Recognition of income"
All incoming resources are incbjed in.the:Statsm" entof Finan0& ActMtE> (SOFA)
when.the charity is entilled to inciNne. it is more.than Ikely that the inccKne be."
received and the monetary value can be.Mea5ured.￿ryth SLrffiaent rel￿?￿lty
Offsetting
There has been no offsettirwJ (rfassets and fiabi￿lies. or income and eynses.
Grants and donations
Grants and donations a￿onlY inclEKled in the SOFA""when the general ncome
recognition criteria are"
Income from Membe￿hIP subs.criptions
Membership subscriptiaw"thtch"give a member the rightto Serv￿ or otsr benefits
are recognises as iDcomefrom tharitable activitE5.
Expenditure and liabilities
Expenditure is recognised on an accnjals bas￿a5 a liknility 15 Incurred.
Charitable expenditure compri495 those costs" incurred by thè charity in deliveryuf
its activities and seNits5..
Governance costs iricludvthose"costs assocÉated wifh TT*eting the constttuironal and
slatulory requirements and indude managemen( prenyses administrattve costs.
Deferred income is indudeda5 a ￿abl￿ty in.the accounts.
Tangible Fix¢d assels"
These are capitalised if Ilw can be used.for more than"Or￿ year ￿ lh￿r cost is
considered material. They a￿"valued at cost"
The depreciation rates and.methLMls.used are.disdosed in.note 9.
Debtors
Debtors are measttred on nilial.recognition.3t."settTement.amounl aThg subsequenty
measured al the cash..or"other con5Kleration expected to:be".rKerved.
page 6

TYNEMOUTH PRIO.RY THEATRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2024
Income
Donations and Legacies
Restn'cted Unrestricted Total 2024 Total 2023
Donations and gifts
Other
7,969
1.092
9.061
7.969
1,092
9,061
1,058
8,901
Charitable Activities
Income from plays
Subscriptions
other
36,016
1,581
36016
1,581
42679
1,135
4,139
47,953
40,712
Income from investments
Interest on bank deposits
480
58
Total income
50.253
50,253
56,912
CHARITABLE ACTIVITIES
Restricted Unrestncted Total 2024 Total 2023
Provision of charitable seNi
Expenditure on plays
stage materials
Donations given
Cost of ancilliary sales
Other costs
6.693
.3.150
883
70
112
10,908
6.693
3,150
883
70
112
10.908
8266
2,077
250
1031
1,920
13,544
GOVERNANCE COSTS
Restricted Unrestricted Total 2024 Total 2023
General overheads
29.583
.29.583
29,583
29.583
21,805
TOTAL RESOURCES EXPENDED
Staff costs Depreciation Other costs Totsl 2024 Total 2023
Charitable Activities
Governan￿ Costs
10.908
10.908
29,583
40,491
13,544
21,805
35,349
1,196
1,196
39,295

TYNEMOUTH PRIORY THEATRE
NOTES.TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2024
INDEPENDENT EXAMINER
2024
2023
Independent examine¢s fees
Other fees- consultancy and .accountancy
Other expense- Soflware subscription
780
412
408
732
235
375
1342
STAFF COSTS AND NUMBERS
The Theatre doe5 not employ. stsff.
TAXATION
As a charity. Tynemouth Priory Theatre is exempt from taxon income and gains. falling within
section 505 of the Taxes Act 1988 or $256 of the Taxation of Chargeable Gains Act 1992 to the
extent that these are applie.d to its. charitable objects. No tax charges have arisen in the Charity.
TANGIBLE FIXED ASSET.S
Freehold
Fixtures
Fittings &
Equipment
Totsl
Cost
At 1 st April 2023
Additions
At 31st March 2024
301,297
66,608
5,980
367.905
5,980
373,885
301,297
Depreciation
At 1st April 2023
Charge for year
At 31 st March 2024
66.608
1,196
67.804
66,608
1.196
67.804
Net Book Value
At 31 st March 2024
301,297
4.784
306.081
At 31 st March.2023
301,297
301,297
Depreciation
Depreciation is calculated so as to write off the cost of an asse( less its estimated
residual value, over the useful.economic life of that asset as follows:.
Fixtures fittings and equipment- 20°A p.er annum straight line
No depreciation is provided on the freehold building as it is the charity.s policy
to maintain the building. in such condition that its value is not diminished by the
passage of time. Such e￿endIture is charged in the Statement of Financial Activities.
The value of the building is regularly reviewed to ensure that its market v.alue is not
lower than its book value and the trustees: consider market value to be materially
in excess of cost
p.age 8

TYNEAqOUTH PRIORYTHEATRE
NOTES TO THE FINAMCIAL STATEMENTS
YEAR ENDED 31st MARCH 2024
10. Debtors and Prep.ayments
2024
Debtors and prepayments
4.739
4.739
11. CREDITORS:Amounts falling due within one year
2024
Acciuals and deferred income
7.493
7.493
3.904
Deferred income {includea above}:
Ticket sales received in advan
6.67.2
2.840
12. MOVEMENT IN FUNDS
Opening Movement Transfer
Closing
Unrestricted Fund
General fund
Bursary
Total Unrestricted Funds
342,017
9,762
351.779
351,981
9,762
361.743
Restricted Fund:
Building eXtenS￿n
Total
4,(100
355.981
4.000
365.743
BURSARY
The bursary is an unrestricted fvnd donated to help fund the theatre's.activities.
PURPOSE OF RESTRICTED FUND
Building extension.-
The fund_ consists of grants received to assist with the costs.
of building an extension tothe theatre, wotk on which was completed
during the year ended 31st March 2010.
13. ANALYSIS OF NEf ASSEfs IN FUNDS
Tangible
Other Net Total
Fixed Assets Assets
Unrestricted funds
Building extension fund
302,081
4,000
306,081
59.662
4.000
59.662 365.743
Of the net funds of the chatity. £￿,081 comFxise r￿ed assets and do nottherefore.
represent liquid funds readily convertible.to cash and available to use for operations.
TRANSACTIONS WITH TRUS.TEES.AND RELATED PARTIES
There are no transactions with trustees-to report .
14. COMPANY LIMFTED BY GUARANTEE
The liability of each member in theevent of the company E￿ing ￿Und up is limited
to £1.00
page g