TYNEMOUTH PRIORY THEATRE
(A company limited by guarantee)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
COMPANY NO.3407455
CHARtrY NO. 1071165

TYNEMOUTH PRIORY THEATRE
Contents
Independent Examiner's Report
2-3 Report of the Directors and Trustees
Statement of Financial Activities
Balance Sheet
6-9 Notes to the accounts
The following page does not form part of the statutory accounts
10 Detailed Statement of Financial Activities

Independent examinerfs report to the trustees of Tynemouth Priory Theatre
I report on the accounts of the company for the year ended 31st March 2025, which are set out on
pages 2 to 9
RespectSve responslbllltles of trustees and examlner
The trnstees (who are also the directors of the company for the purposes of company lawl are
responsible for the preparation of the accounts. The trustee5 consider that an audit is not required
for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent
examination is needed.
it is my responsibility to:
examine the accounts under section 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 Charities Act; and
state whether particular matters have come to my attention.
Basls of Independent examinerfs report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those ￿CordS. It also includes consideration of any
unusual items or disclosure5 in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that would
be required in an audit and consequently no opinion is given as to whether the accounts present a
'true and fair view, and the report is limited to those matters set out in the statement below.
Independent examinerfs statement
In connection with my examination, no matter has come to my attention to indicate that:
• accounting records have not been kept in accordance with section 386 of the Companies Act 2006.
the accounts do not accord with such records:
they fail to comply with relevant accounting requirements under section 396 of the Companies
Act 2006, or are not consistent with the Charities SORP IFRS102)
there is any matter which, 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
Date: 19th August 2025
page I

TYNEMOUTH PRIORYTHEATRE
DIRECTORS, REPORT
YEAR ENDED 31st MARCH 2025
The directors have pleasure in presenting their report and the unaudited financial statements of the charity
for the year ended 31 st March 2025
INTRODUCTION
This report is both the directors report required under the Companies Act 2006 and the trustees, annual report
under the Charities Act 2011.
LEGAL STATUS
Tynemouth Priory Theatre is a private company limited by guarantee, No 3407455. incorporated in England
and is registered charity No. 1071165. It was incorporated on 23rd September 1997 and is governed
in accordance with its Memorandum and Articles Of Association. and commence(l operations on 1st April 1999.
The Companrfs Registered Office is Percy Street, Tynemouth. NE30 4HA.
OBJECTIVES OF TYNEMOUTH PRIORYTHEATRE
The principal objective of the Theatre is to promote the advancement and improvement of general education
in relation to aspects of the art of Drama and the development of public appreciation of such art.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The members appoint three trusteeldirectors being the Chaiman. Treasurer and Secretary. In addition a
management committee is appointed at each Annual General Meeting to manage the operations of the
charity. Th8r8 are no full time employees and no rernuneration is payable to directors or committee
members for management duties.
The directors who served the charity during the year were as follows:
Mrs A Leake
(resigned 17 September 2024)
Mrs R H Hardy
Miss V Lockey
Ms J Hope
{appointed 17th September 2024)
ACHIEVEMENTS AND PERFORMANCE
There were 4 productions during the year (2023 5 productions) as the theatre conlinued to recover from
the effects of Covid 19.
VOLUNTARY HELP
The Theatre is run entirely by voluntary help. coveriNJ tkEatrical, administrative and trustee work.
page 2

TYNEMOUTH PRIORY THEATRE
DIRECTORS. REPORT- continued
YEAR ENDED 31st MARCH 2025
PRODUCTIONS DURING THE Y
There were six productions during the year
Income from plays was as follows
Sales
Costs
Surplus
5,704
8,506
4,868
6,438
9,163
7,336
Lord Arthur Savile's Crime
BlaGkadder
Thrill of Love
Notes From A Small Island
Cinderella
Boeing Boeing
7228
9940
6089
7708
14432
8,606
1524
1434
1221
1270
5269
1.270
Total
54,003
11,988
42,015
RESULTS AND FINANCIAL REVIEW
The results for the year and the chariivs financial position at the end of the year are sht)wn in the attached
financial stat8ments.lt is the policy of management to accumulate sufficient reserves to provide for
running costs and improvements to the theatre, although no specific amounts have been sel. Of the
accumulated reserves, those relatig to fixed assets are not available for running costs{see note 13)
PUBLIC BENEFIT
As ststed above, the principal objective of the Theatre is to promote the advancement and improvement of
general education in relation to aspects of the art of Drama and the development of public appreciation of such art.
This is achieved not only by presenting the Theatre's ovm productions but also making the building available
for other groups and societies, thus benefiting the public in the sum)unding area.
Signed by order of the directors
Registered office:
Percy Street
Tynemouth
V Lockey
Chair
Approved by the directors on the 19th August 2025
page 3

TYNEMOUTH PRIORY THEATRE
STATEMENT OF FINANCIAL ACTMTIES
YEAR ENDED 31st MARCH 2025
Note
Restricted Unrestricted
2025
2025
Total
2025
Total
2024
INCOMING RESOURCES
Incomlng resources from generated funds:
Voluntary income..
Grants and Donations
Investment Income
Incoming resources from charitable activities
TOTAL INCOMING RESOURCES
13.032
697
67,230
80.959
13,032
697
67,230
80.959
9,061
40,712
50.253
RESOURCES EXPENDED
Charitable Activitles
Governance Costs
21.258
31.799
21.258
31.799
10,908
29,583
TOTAL RESOURCES EXPENDED
53,057
53,057
40,491
NET INCOMING RESOURCES FOR THE YEAR
27.￿2
27,902
9.762
Balance brought fotward
4.000
361.743 365.743 355,981
Balance carrfed forward
4.000
389,645 393,645 365,743
The statement of financial activities indudes all gains and losses in the year. All incoming resources
and resources expended derive from continuirvJ activities.
page 4

TYNEMOUTH PRIORY THEATRE
BALANCE SHEET
AS AT 31st MARCH 2025
2025
2024
FIXED ASSErs
Tangible Assets
{note 9)
304,885
306,081
CURRENT ASSETS
Debtors
(note 10)
Cash at bank and in hand
4.528
90.073
94.601
4.739
62,416
67.155
CREDITORS:Amounts falling due within
one year
{note 11)
5,841
7,493
NET CURRENT ASSETSI(LIABILrriES)
88,760
59,662
TOTAL NET ASSETS
393,645
365,743
FUNDS
Restricted
Unrestricted
(note 12)
(note 12)
4,000
361,743
365 743
389,645
393 645
For the year ended 31 st March 2025 the company was entided to exemption from 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 preparats'on of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime and in accordanc8 With FRS102 SORP
Approved by the directors on 19th August 2025 and signed on their behalf by:
Miss V Lockey
Mrs R H Hardy
page 5

TYNEMOUTH PRIORY THEATRE
NOTES TO THE FINANCIAL STATEMEiirs
YEAR ENDED 31st MARCH 2025
ACCOUNTING POLICIES
Basis of a¢countlThg
The fIr￿CIal slalements have been prep*ed under Ihe histortcal cost ¢￿Vention,
with items re¢ognlsed al cosl and in accordance %wth the Statement of Rècomrnndad
Practice.. Acwunting and Repo￿n9 by Charilies preparing their accwnts in
accordan￿ vrith the Financial Reporting Sl8rKlaTd 8pplicabl8 in the UK {FRS 102)
issued on 16 July 2014
Change of Accounting Pollcy
The accounts present a true and fair view and no changes have been made to
accounting policies or estirnates. No rnaterial PfiLK year e[rU￿ have been identified
in the accountsng peri¢MI.
R•cognition of income
All incoming resources are included in the Statern￿t of Finoncial Aclivities (SOFA)
when the charity is enti￿ed to the income, it is rn0￿ than likely that thè in¢¢yne wll bo
rgC9iVgd and the monetsry value can te Tr&isured sUffic￿nt rekbliAy
Offsetting
There has been no offsetting of assets e4xI Ilthlltlgs, or irwrre and exp9nsgs.
Grants and donations
Grants ané donations are onty Incl￿ in the SOFA Nthen ts general irKome
recognition criteria are mel.
In¢om• from Membershlp $ubs¢rlptlons
Membership subscriptions which give a merrthr the r*Jht to servlces or other b8nefits
are recognises as income from charitable a¢tivitw.
Expenditure and liabilities
Expenditure is recognise(l on an acuuals basis a$ a Ik?bifty is incJJrred.
Charitable expenditure comprises Ih05e c0515 incurred by ts chwity in ￿ delr4ery of
its activitjes and services.
Govemance costs include those costs associated meeting Ihe constitutional and
st2tutory reqLiirements and include all management. prernTses and administralive costs.
Delerred incLvne 15 include(l as a liabilty in Ihe accounts.
Tanglbl• Flx•d as¥•ts
These are c8pit81ised if they can be used mrye than om aKI thgw cost is
onsidered material. They a￿ valued at Cosl.
The depreciation rate5 and methc*Js used are thscbsed in rth 9.
Debtors
Debtors are measured on initial rewnilion at settlement amclmt and subsequenty
measured at the cash or other consider8tk)n expg(#ed to be rg¢eivgd.

TYNEMOUTH PRIORY THEATRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2025
Income
Donations and Legacies
Restricted Unrestricted Total 2025 Total 2024
Donations and grfls
Other
12.089
943
13,032
12,089
943
13,032
7,969
1,092
9,061
Charitable Activities
Income from plays
Subscriptions
Other
54,003
2.125
11.102
67,230
54003
2.125
11.102
67,230
36016
1.581
3,115
40.712
Income from investments
Interest on bank deposits
697
697
480
Total income
80,959
80,959
50,253
CHARITABLE ACTIVITIES
Restricted Unrestricted Total 2025 Total 2024
Provision of charitable services
Expenditure on plays
Stage materials
Donations given
Cosl of ancilliary sales
Other costs
11,988
1,961
11,988
1,961
6693
3,150
883
70
112
10.908
5,052
2,257
21.258
5,052
2,257
21.258
GOVERNANCE COSTS
Restricted Unrestricted Total 2025 Total 2024
General overheads
31.799
31,799
29,583
31,799
31,799
29,583
TOTAL RESOURCES EXPENDED
Staff costs Depreciation Other costs Total 2025 Total 2024
Charitable Activities
Govemance Costs
21.258
30,603
51.861
21,258
31,799
53,057
10,908
29,583
40,491
1,196
1.196
page 7

TYNEMOUTH PRIORY THEATRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st MARCH 2025
INDEPENDENT EXAMINER
2025
2024
Independent examinerfs fees
Other fees- consultsncy and accountancy
Other expense- Software subscription
780
496
432
1708
780
412
408
1600
STAFF COSTS AND NUMBERS
The Theatre does not employ stsff.
TAXATION
As a charity, Tsmemouth Priory Theatre is exempt from tax on income and gains falling within
section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the
extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
TANGIBLE FIXED ASSETS
Freehold
Property
Fixtures
Fittings &
Equipment
Total
Cost
At 1 st April 2024
Additions
At 31st March 2025
301,297
72,588
373,885
301,297
72.588
373,885
Depreciation
At 1 st April 2024
Charge for year
At 31 sl March 2025
67,804
1.196
69.000
67,804
1.196
69.000
Net Book Value
At 31st March 2025
301.297
3,588
304,885
At 31 st March 2024
301,297
4,784
306,081
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated
residual value. over the useful economic life of that asset as follows:
Fixtures fittings and equipmenl_ 200/0 per annum straight line
No depreciation is provided on the freehold building as it is the charitys policy
to maintain the building in such condition that ils value is not diminished by the
passage of time. Such expenditure is charged in the Statement of Financial Activities.
The value of the building is regularly reviewed to ensure that its market value is not
lower than its book value and the trustees consider market value to be materially
in excess of cost.
page 8

TYNEMOUTH PRIORY THEATRE
NOTES TO THE FINANCIAL STATEMEKrs
YEAR ENDED 31st MARCH 2025
10. Debtors and Prepayments
2025
2024
Debtors and prepa￿￿entS
4.528
4.739
4.528
4,739
11. CREDrfoRS:Amounts falling due within one year
2025
2024
Accruals and deferred income
5.841
7.493
5,841
7,493
Deferred income {in¢luded above):
Ticket sales received in advance
5.041
6,672
12. MOVEMENT IN FUNDS
Opening Movement Transfer
Ch)sing
Unrestricted Fund
General fund
Bursary
Tolal Unrestricted Funds
351.r19
9,964
361.743
27.902
379,681
27.902
389.645
Restricted Fund:
Building extension
Total
4.000
365.743
4.000
393.645
27.902
BURSARY
The bursary is an unrestricted furKI donated lo help fund the theatre's activities.
PURPOSE OF RESTRICTED FUND
Building extension..
The fund conslsts of grants received to assist with the costs
of building an extension to the theatre, work on wthich was completed
during the year ended 31st March 2010.
13. ANALYSIS OF NET ASSEfs IN FUNDS
Tangible
Other Net Totsl
Fixed Assets Assets
Unrestricled funds
Building extension fund
31KI.885
4,000
304.885
88,760
389,645
4,000
393.645
88.760
Of the net funds of the Gharity. £304.885 comprise f￿ed assets and do not therefore
represent liquid ftjnds readily convertible to cash and available to use for operations.
TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES
There are no transactions wilh trustees to report .
14. COMPANY LIMITED BY GUARANTEE
The liability of each member in the event of the company being Vrt￿nd up is limited
to £1.00
pag8 9