STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
Company Registration No. 03790941
Charity No. 1076494
TRUSTEES, ANNUAL REPORT AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 AUGUST 2024
Audltors: Azets Audit Services, Alpha House, 4 Greek Street, Stockport, Cheshire SK3 8AB
Stockport Plozo Trust- TAR ond FinorJcialStotement$ 2024

STOCKPORT PLAZA TRUST
{A Company Llmlt•d by Guarante•)
TRUSTEE'S ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
CONTENTS
Company Infomiation
Trustees. Annual Report
10-12
Auditorfs Report to the Trustees
13
Slatement Of Flnancial Activities
14
Balance Sheet
15
Cash Flow Statement
16-22
Notes to the Flnanclal Statements
Stockport Plazo Tru5t- TAR ond FinonciqlStatemÈnt$ 2024

STOCKPORT PLAZA TRUST
(A Company Llmlt•d by Guarant••)
COMPANY INFORMATION
DIRECTORS I TRUSTEES
Nigel And•rton- Chaimian
David 81ake
Terence Carnes
Christopher Gordon
Richard Gray
lan Hodgkiss (resigned 06.02.24)
Chris Jeffries
Matthew Male
Mel Spooner
Linda Weeke8-Holt
ReGISTERED OFFICE
The PIoZ8
Mersey Square
Stockport
Cheshire
SK1 1SP
REGISTERED NUMBERS
Company Number.
Charity Number.
3790941
1076494
SOLICITORS
Goroins Solicitors
Dale House
Tiviot Dale
Stockport
Cheshire
SK1 1TA
AUDITORS
Azets Audit SeNices
Alpha House
4 Greek Street
Stockport
Cheshire
SK3 8AB
Stockport Plozo Trust- TAR ond FinoncialStotement5 2024

STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
TRUSTEES, ANNUAL REPORT
For the year ended 31 August 2024
INTRODUCTION
The trustees of Slockport Plaza Trust Limited present their report for the year ended 31
August 2022 under the Companies Act 2006 and the Charities Act 2011. togetherwith the
audited financial ststements for that period. The financial statements comply with the
Companies Act 2006. the Charities Goveming Document and the relevant Statement of
Recommended Practice (The Charities SORP 2005).
REFERENCE AND ADMINISTRATIVE INFORMATION
The Stockport Plaza Trust Limited is 8 registered charity {number'. 1076494} and company
(number.. 3790941) limited by membership guarantee. Ils registered office is shown on Ihe
company infomiation sheet (Page 2).
The present trustees who served during the period. together with details of external advisers
are also noted on the company information sheet.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is governed by its Memorandum and Articles of Association adopted on 17
June 1999.
Governing bodies
The Board of Trustees is responsible for the overall govemance of the charity. The
affairs of the charity are administered by a Council of Management, the members of
which occupy the position of directors for the purpose of the Companies Act.
Recruitment and training of trustees
The trustees are responsible for the appointrnent of new trustees. New trustees will
only be appointed after due consideration is given to eligibility, personal competence
and special skills. New trustees. when appointed, are inducted inlo the working of the
charity by the exisling trustees.
Elected members
Nigel Anderton- Chairman
David Blake
Richard Gray
Chris Jeffries
Mel Spooner
Linda Weekes-Holt
Terence Carnes
Christopher Gordon
Matthew Male
Nominee members
The Friends of the Plaza
The National Trust
Stockport MBC
lan Hodgkiss (resigned 06.02.241
No nomination
Helen Walters (observer)
Stockport Plaza Tru5t- TAR ond Finonciol Stotements 2024

STOCKPORT PLAZA TRUST
(A Company Llmlted by Guarantee)
TRUSTEES, ANNUAL REPORT
For the year ended 31 August 2024
(Continued)
STRUCTURE. GOVERNANCE AND MANAGEMENT
(Continued)
Appointment
The Board of Trustees consists of up to nine elected members and three nominated
trustees. One third of the elected trustees who have been in office the longest retire
each year, but are eligible for reHelection.
Three nominated trustees may be appointed, one by each of the following
organisations:
The Friends of the Plaza (see note below)
The National Trust
Stockport Metropolitan Borough Council
The Friends of the Plaza closed during the year
and will not make any future nominations
Related parties
The objects. for which the Trust was established, by its nature, required the
appointment of persons with experience of Iheatre and cinema. A number of the
trustees are members of organisations who have an interest in hiring the building or
who have related interests. None of these associated transactions have been
influenced by any interests other than the Trust's. They are not material and all such
interests have been fully disclosed. where appropriate.
RISK MANAGEMENT
The trustees have identified the major risks facing the Trust as failing lo meet its financial
targets, especially income generation from ticket sales, front of house sales. operational
grants and donations. The Trust monitors income from all sources, instigates targeted
marketing to increase awareness and ticket sales, and has been applying for grants from a
diverse and extensive range of both existing and potential sources.
The Trust undertakes an annual review of health and safety risks, and has in place policies lo
ensure compliance with best practice. This review has included the impact of the Covid-19
pandemic. The trustees are satisfied thal systems are in place to mitigate the exposure to
major risks.
stockport Plozo Trust- TAR ond Finonciol Stotements 2024

STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
TRUSTEES, ANNUAL REPORT
For the year ended 31 August 2024
(Continued)
OBJECTS, AIMS, OBJECTIVES AND ACTIVITIES
The objects of the Trust are as stated in the Memorandum of Association. The mission
statement of the Trust is as follows:
'To protect, preseNe and promote the Plaza Super Cinama as a fine example of
1930s architecture through modern viable use as a centre for performing arts and
cinema, serving local. national and regional communities.
The Trustees reviewed the Trust's strategy during the year. The key aims are
Maintaining the Plaza's position as the premier variety venue in the North West
2. Making the most of the Plaza
3. Completing the heritage refurbishment of the Plaza
4. Plaza Commitment to youth theatre
5. Enabling all Stockport children to have the opportunity to be involved in the Plaza
6. Taking the Plaza on tour
7. Ensuing the Plaza trust is fit for purpose to support the charity and our mission
The trustees continued their policy of carrying on restoration works and are utilising a survey
of maintenance requirements for the next five years undertaken by extemal consultants
created in 2019.
The theatrical programme. has been a full mixture of variety perforMan￿S and shows as well
as a substantial use by local community groups and family entertainment shows. The film
programme is being continually developed and includes National Theatre Encore and Live
presentations and Opera screenings.
FINANCIAL AND OPERATIONAL REVIEW
A summary of the financial results for the year can be found in the Slatement of Financial
Aclivities {Page 13).
The tolal incoming resources were £1.572,879 as compared to £1,362,926 in the previous
year. Total resources expended in the period were £1,497.660 as compared to £1,303.427 in
2023. The Café Restaurant has continued to run successfully during the year.
Stockport Plaza Tru5t- TAR ond Finonciol Statement5 2024

STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
TRUSTEES, ANNUAL REPORT
For the year ended 31 August 2024
{Continued)
FINANCIAL AND OPERATIONAL REVIEW
(Continued)
The Plaza has undergone further restorative work to prescriptive standards during the past
twelve months, reflecting the building's original architectural intent. The building maintenance
costs for 2024 were £261,989 compared to £272.074 in 2023. The Plaza undertook capital
expenditure of £54.508 during the year.
Overall, the Plaza made a surplus of £75.219 {2023 surplus £59,499). A surplus on the
General Fund of £118,978 was achieved {surplus £109,355 in 2023) and there was a deficit
on the Capital Fund of £47.759 {compared to a deficit of £45,904 in 2023).
The Plaza has received no public body funding during the year.
The Plaza budgeted for 301 (291 in 2023) evenls during the year and achieved 288 {258 in
2023).
Tight control has been mainlained on expenditure during the year- although some staff costs
have increased due to National Living wage requirements
The Plaza has restsrted holding cross-community events including the Festival of
Remembrance. local schools. local operatic groups and dance schools, which were cancelled
during the pandemic closures. These events demonstrate our commitment to community use
and we will endeavour to expand our activities in these areas.
Stockport Plaza Trust continues to rely on an ever-increasing number of volunteers and the
Trust acknowledges their commitment and dedication:
The Trustees - for governance of the Trust.
The Stage Crew- for the setting up and operation of performances.
The Projection Team - for the presentation of films and mainlenance of cinema
equipment.
The Organ Team - for the maintenance of the Compton Organ.
Front of House Staff - for ensuring the smooth running of performances.
Café Volunteers- for their service in the Café Lounge.
Friends of the Plaza - for the donations provided.
All other volunteers who contribute to the successful maintenance and operation of
the building in any way.
FUTURE ACTIVITIES
Along wilh the continuing maintenance of the building, it is intended the theatre continues its
current high level of usage, both through shows and performances and other uses ofthis
unique space including location filming.
Stockport Plozo Trust - TAR and Financial Stotement5 2024

STOCKPORT PLAZA TRUST
(A Company Limlted by Guarantee)
TRUSTEES. ANNUAL REPORT
For the year ended 31 August 2023
(Continued)
FUTURE ACTIVITIES
{Continued)
It is our intention to continue with the suctsssful Heritage tours of the Plaza, to give patrons
and members of the community an insight into the heritage of the Plaza building and of its
historic importance.
Our overall aim is lo continue to increase usage of the Theatre.
PUBLIC BENEFITS, AIMS AND INTENDED IMPACT
In meeting with the objectives of the Charity, the Trust's public benefit aim is to preserve and
maintain the Plaza Super Cinema in excellent condition and to promote perfomiing arts to
local, regional and national communities, achieved by providing ticketing support to
underprivileged groups. offering preferential rates to community perfonning arts groups,
hosting school and lifelong leaming events, offer Heritage tours of the theatre and provide
volunteers experience of working in a theatrical environment.
In settin9 Out policy and planning activities, the Trustees have given careful consideration to
the Guidan￿ from the Charity Commission about public benefit.
INVESTMENT POLICIES
Under the Memorandum and Articles of Association. the charity has the power to make any
investment which the Truslees see fit.
The charity has a policy of keeping any surplus funds in short term deposits, which can be
accessed readily.
RESERVES POLICY
The Trust's policy on reserves is to consider only what is necessary to support an unforeseen
and sustained drop in the theatre's revenue, hold sufficient reserves to cover six months,
worth of overheads expendilure and support the restoration capital plan. The capital plan
relates lo the future ￿storatIon and maintenance of the theatre and has been detailed in an
extemal consultant's report setting out a five year plan for mainlenance activilies.
The Board continues to monitor the financial position and reserves post the year end. Our
financial plans going forward, a￿ to maintain the reserves at the policy level
The Trust does not intend lo hold reserves for any purpose other than to fulfil its aims as
noted in the Memorandum and Articles of Association. This policy is to be reviewed annually
by the Trustees.
Stockport Plozo Trust~ TAR ond Finonciol 5totements 2024

STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
TRUSTEES, ANNUAL REPORT
For the year ended 31 August 2024
{Continued}
STATEMENT OF TRUSTEES, RESPONSIBILITIES AND CORPORATE GOVERNANCE
The trustees are responsible for their annual report and the preparation of the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice) for each financial year. These
financial statements give a true and fair view of the incoming resources and application of
those resources to the charity and group during the year, and of the state of affairs at the end
of the financial year. In preparing these financial statements, the trustees are required to:
ensure that suitsble accounting policies are established and applied consistently,.
make judgements and estimates which are reasonable 2nd prudent;
state whether the applicable accounting standards and statement of recommended
accounting practi￿ have been followed, subject to any material departures disclosed
and explained in the financial statements., and
prepare the financial statements on a going concern basis, unless il is inappropriate to
presume that the Charity will continue in operation.
The Trustees confim) that they have complied with the above requirements in preparing
financial statements. The trustees have overall responsibility for ensuring that the charity has
appropriate systems and controls. financial and otherwise. They are also responsible for
keeping proper accounting records which disclose with reasonable accuracy at any time the
financial position of the charity and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets
of the charity and for their proper application as required by charity law. and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities and to
provide reasonable assurance that..
the charity is operating efficiently and effectively.,
all assets are safeguarded against unauthorised use or disposition and are properly
applied-,
proper records are maintained and financial information used within the charity. or for
publication. is reliable:
the charity complies with relevant laws and regulations.
Intemal controls over all forms of commitment and expenditure continue to be refined to
improve efficien¢y. Processes are in place to ensure that performance is monilored and that
appropriate management information is prepared and reviewed regularly by both the
executive management and the Board of Trustees.
The systems of intemal control are designed to provide reasonable, bul not absolute
assurance against material misstatement or loss. They include..
an annual budget approved by the trustees,.
Stockport Plazu Trust- TAR ond Financiol Stt7tements 2024

STOCKPORT PLAZA TRUST
(A Company Llmltod by Guarantea)
TRUSTEES. ANNUAL REPORT
For the y•ar •nd•d 31 August 2022
(Contlnued)
STATEMENT OF TRUSTEES, RESPONSIBILITIES AND CORPORATE GOVERNANCE
(Continued)
regular consideration by the trustees of financial results. Variances from budgets, non-
financial perforniance indicators and benchmarklng revievts:
• delegatlon of day to day managèment authority and segregation of duties: and
identification and management of risk$.
Importantly, the 8oard believes, based upon current finanoal reporting and resanrfes position,
that the Trust remalns a golng concern.
Approvèd on b•half of th• tru$teO8:
NIGEL ANDERTON
Company Secretary
Date..
1S.S.LS
Stockport Ploza Trust- TAR ond Finonciol Stotements 2024

STOCKPORT PLAZA TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF STOCKPORT PLAZA TRUST
Oplnlon
We have audited the financial statements of Stockport Plaza Trust (the 'charity') for the year ended 31 August 2024
which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the
financial statements, including significant accounting policies. The financial reporting framework that has been applied
in their preparation is applicable law and United Kingdom Accounting Slandards. induding Financial Reporting
Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ir81and (United Kingdom
Generally Accepted Accounting PraGtice}.
In our opinion. the financial statements..
give a true and fair view of the stale of the charitable company's affairs as at 31 August 2024 and of its incoming
resources and application of resources, for the year then ended-
have been properfy prepared in accordance with United Kingdom Generalty Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 20()6.
Basis for oplnion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibililies under Ihose standards a￿ further described in the Auditorfs responsibilities for the 8udil of the
financial stalemenls section of our reporl. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial stalements in the UK. including the FRC'S Ethical Standard,
and we have fulfilled our other ethical responsibilities in accordan￿ with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In audiling the financial statements, we have concluded Ihal the truslees, use of the going concern basis of accounting
in the preparation of the financial statement5 is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to events or
conditions that. individually or collectively, may cast significant doubt on the charity's ability to Continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect lo going concem are described in the relevant
sections of this report.
Other infomiation
The other informalion comprises the infomation included in the annual report other than the financial statements and
our auditorfs report Ihereon. The trustees are responsible for the other infomiation contained within the annual report.
Our opinion on the financial statements does not cover the other information and we do nol express any form of
assurance conclusion thereon. Our resporbsibility is lo read the other information and, in doing so. consider whether
the other information is materially inconsistent with the financial statements or our knowledge obtained in the course
of the audit, or otherwise appears to be materially misstaled. If we identify such material inconsistencies or apparent
material misstatements. we are required lo determine whether this gives rise to a material rnisstatement in the financial
statements themselves. If, based on the work we have performed. we conclude that there is a material misstalement
of this other information. we are required to report that fact.
Matters on which we are required to report by exception
We have nothin9 to report in respect of the following matters in relation to which the Charities (Accounts and Reports)
Regulations 2008 require us to report to you if. in our opinion..
the information given in the financi81 statements is inconsistent in any material respect with the trustees, report;
or
sufficient accounting records have not been kept., or
the financial statements are not in agreement with the accounting records: or
we have not received all the information and explanations we require for our audit.
10

STOCKPORT PLAZA TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF STOCKPORT PLAZA TRUST
Responsibilities of trustees
As explained more fully in the statement of trustees. responsibilities, the truslees, who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to
enable the preparation of financial slalemenls Ihal are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the truslees are responsible for assessing the charity's ability to continue as a
going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the trustees either intend to liquidate the charitable company or lo cease operations. or have no
realistic alternative bul to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under seclion 144 oflhe CharitiesAcl 2011 and report in accordance with the Acl
and relevant regulation5 made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial slalements as a whole are free from
material misslatemenl, whelher due lo fraud or error, and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with
ISAS (UK) will always detect a material misslalement when it exists. Misslalemenls can arise from fraud or error and
are considered material if. individually or in Ihe aggregate. they could reasonably be expected to inlluence the
economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. htlps'.11
www.frc.org.uklaudilorsresponsibililies. This description fomis part of our auditor's report.
Extent to which the auditwas considèred capable of detecting irregularities, including fraud
Irregularities, induding fraud, are instances of non-compliance with law5 and regulations. We design procedures in
line with our responsibilities, outlined above and on Ihe Financial Reporting Council's website, to detect material
misstatements in respect of irregularities. induding fraud.
We obtain and update our understanding of the entily, its activities, its control environment. and likely fvture
developments, including in relation lo the legal and regulatory framework applicable and how the entity is complying
with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the
financial slalemenls, whether due lo fraud or error, design and perform audit procedures responsive to Ihose risks.
and obtain audit evidence thal is sufficienl and appropriate to provide a basis for our opinion. This includes
consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.
In response to the risk of irregularities and non-compliance wtth laws and regulations, including fraud, we designed
procedures which included..
Enquiry of management and those charged with governance around actual and potential liligalion and claims
as well as actual, suspected and alleged fraud..
Reviewing minutes of meetings ol those charged with governance.,
Assessing the extent of compliance with the laws and regulations considered lo have a direct material effect
on the financial stalemenls or Ihe operations of the entity through enquiry and inspeclion.,
Reviewing financial slatemenl disclosures and testing to supporting documentation to assess compliance
with applicable laws and regulations..
Performing audit work over the risk of management bias and override of controls, including testing of journal
entries and other adjustments for appropiiateness, evaluating the business rationale of significant
transactions outside Ihe normal course of business and reviewing accounling estimates for indicators of
polenlial bias.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance wilh regulation. This risk increases
the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial
stalemenls, as we will be less likely to become aware of instances of non-compliance. The risk of not detecling a
material misslalement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion.
forgery. intentional omissions, misrepresentations, or the override of internal control.
11

STOCKPORT PLAZA TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF STOCKPORT PLAZA TRUST
U¥• ol our report
This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we mighl slate to the charity's trustees
those matters we are required to state lo them in an auditoV$ report and for no other purpose. To the fullest @xlent
permitted by law, we do not accept or assume responsibility to anyone other than the tharity and the charrty's trustees
as a body, for our audit work, for this report, or for the opinions we have formed.
Jonathan Ward {Senlor Statutory Auditor)
for and on behalf of Azets Audlt Servl¢es
Chartered Accountants
Statutory Auditor
is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company
under section 1212 of the Companies Act 2006.
12

STOCKPORT PLAZA TRUST
(A Cornpany Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2024
General
Fund
Restrlct•d
Fund
Note
Capital Fund
2024
2023
INCOMING RESOURCES:
Incomlng Resources
Irom Generated Funds:
Voluntary Income:
Donations and Grants
Legacies
Actlviti•s for Gèn•rating Funds:
Theatre Income
58,945
2,000
60.945
4.000
44,507
86.220
2,Crf)O
1,506,154
333
1.447
1.506,154
333
1,447
1.232,017
182
Investrnent Income
Fundraising Events
TOTAL INCOMING RESOURCES:
1,568,879
4.0(X)
1.572,879
1.362,926
RESOURCES EXPENDED..
Cost of Generatlng Funds:
Fundraising Events
1.764
1,764
Dlr•ct Charitable Expenditure=
Theatre Costs
Front of House Costs
Building Maintenance
Other Support Costs
305,330
254,361
261,989
610,147
47,759
355.089
2S4,361
261,989
610,147
261.252
221,675
272,074
533,496
1.433,591
47,759
1,483.350
1.288,677
Governance Cost5
14,310
14,310
14,750
TOTAL RESOURCES EXPENDED:
1,447,901
2,CKJO
47.7S9
1.497.660
1,303.427
Net In¢orning l {Oulgoingl Resources
Net Movement bètween Funds
Net Mo¥emènt tn Funds
120,978
2,CKJO
147,7591
75.219
59.499
120,978
2,000
147,7591
75.219
59.499
8alartce at 1 September 2023
760.861
1,701,687
2,462,548
2,403,049
BALANCE AT 31 AUGUST 2024
881,839
2,000
1,653,928
2.537.767
2,462.548
Stockport Plaza Trust- TAR and Financial Staiements 2024
13

STOCKPORT PLAZA TRUST
(A Company Llmlted by Guarantee)
BALANCE SHEET AS AT 31 AUGUST 2024
2024
2023
FIXED ASSETS:
Tan8ible assets
io
1.847.706
1,872,669
CURRENT ASSETS:
Stock
Debtors
Cash at bank
15,953
103,391
1,377,700
1,497,044
16,017
122.743
1,103.959
1,242,719
li
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR:
12
806,983
652.840
NET CURRENT ASSETS:
690.061
589,879
TOTAL ASSETS LESS CURRENT LIABILITIES:
2,537,767
2,462.548
FINANCED BY:
General Fund
Restricted Fund
Capital Fund
881,839
2,000
1.653,928
760.861
12
1.701,687
2.537,767
2,462,548
Flnanclal Statsments slgnod on behalf of the Board of Dlrectors:
NIGEL ANDERTON
Chairman
CHRIS JEFFRIES
Financial Director
Approved by the Board: If. S . ? o Lf
Company Number: 3790941
Charity Number..
1076494
Stockport Plaza Trust- TAR and Financial Statements 2024
14

STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
CASH FLOW STATEMENT
2024
2023
Cash flows from actlvltles
Surplus/{Loss1 for the financial year
Adjustments for:
Depreciation of fixed assets
Disposal of flxed assets
Profrt/loss on disposal of asset5
Interest pald
Interest recelved
Decrea5e/(increasel in receivables
Decrease/(Increase) in inventory
Increase/(decrease) in payables
Cash from activitiés
Interest paid
Net cash generated from actlvltles
75,219
59,499
79,471
79,725
10,597
13331
19,352
64
154,143
327,916
11811
9,327
3,195
50,749
212,911
327,916
212,911
Cash flows from Investlng actlvltles
Purchase of fixed assets
Interest received
Net cash from Investlng actlvltles
154,5081
333
154,1751
157,677}
182
157,4951
Net Increasel{decrease) In cash and bank
Openlng balance cash and bank
Closlng balanc• cash and bank
273,741
1,103,959
1,377,700
155,416
948,543
1,103,959
Stockport Plaza Trust- TAR and Financial Statements 2024
15

STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 August 2024
ACCOUNTING POLICIES
Company status
Stockport Plaza Trust is a private Company limited by guarantee. The Directors of the company are
the Trustees named on page 2. In the event of the company being wound up, the liability in ￿SpeCt
of the guarantee is limited to £1 per member of the company.
The registered office is The Plaza, Mersey Square, Stockport, Cheshire. SK1 1 SP.
1.1 Accountlng conventlon
These accounts have been prepared in accordance with FRS 102 'The Financial Reporting
Standard applicable in the UK and Republic of Ireland. ("FRS 102"), °Accounting and Reporting by
Charities" the Statement of Recommended Practice for charities applying FRS 102, the Companies
Act 2006 and UK Generally Accepted A¢￿UntIng Practice as it applies from 1 January 2015. The
Charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the company. Monetary
8mounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below
1.2 Going concern
At the time of approving the accounts, Ihe trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the accounts.
At the time of approving the accounts. the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existen￿ for the foreseeable future.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their
charitable objectives unless Ihe funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The
purposes and uses of the reslricted funds are sel out in the notes to the accounts.
Free reserves are available for use at the discretion of the Trustees in pursuit of the general
objectives of the charily.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has
been notified of the donation, unless perfo￿nanCe conditions require deferral of the amount.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending
distribution. the amounl is known, and receipt is expected. If the amount is not known, the legacy is
Stockport Plozo Trust- TAR ond Finonciol Stotements 2024
16

STOCKPORT PLAZA TRUST
(A Company Limitod by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 August 2023
treated as a contingent asset.
Turnover is measured at the fair value of Ihe consideration received or receivable and represents
amounts receivable for goods and services provided in the nomial course of business. net of
discounts. VAT and other sales related taxes.
1.5 Resources expended
All expenditure is accounted for on an accruals basis and has been included under expenses
categories thal aggregate all Costs for allocation to activities. Where costs cannol be directly
attributed to particular activities they have been allocated on a basis Consistent with the use of the
resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the
company. Governance costs are those incurred in connection with administration of the company
and compliance with constitutional and statutory requirements.
1.6 Depreciation
Depreciation is provided to write off the cost, less estimated residual values. of all fixed assets.
This is on 8 straight line basis over the expected useful lives of the assets at the following annual
rates:
Freehold property & theatre improvements - 20/0 Straight line
Furniture, fixtures & fittings - 10 % straight line
All other assets - 200kn straight line
1.7 Interest receivable
Investment income is accounted for in the period in which the charity is entitled to receipt. Interest
is shown as gross interest, as the charity is exempt from corporation tax.
1.8 Deferred Income
The Charity defers income received on ticket sales for shows and events until the date the show or
event has taken place. The charity is not enlitled to the income until it has been confirmed that the
show or event has tsken place. Shows and events can be cancelled and any ticket sale income
would have to be refunded to the customer.
1.9 Flnanclal Instruments
The charity has elected lo apply the provisions of Section 11 '8asic Financial Instruments. and Section
12 '0theT Instrument5 Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to
the contractual provisions of the instrument.
Financial assets and liabilities are offsel, with the net amounts presented in the financial statements.
when there is a legally enforceable right to set off the recognised amounts and there is an intention to
settle on a net basis or to realise the asset and setue the liability simultaneously.
Basic financial assels
Basic financial assets. which include debtors and cash and bank balances. are initially measured at
transaction price including transaction costs and ar8 subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of
interesl. Financial assets Classified as receivable within one year are not amortised.
Stockport Plaza Trust- TAR and Finoncial Statements 2024
17

STOCKPORT PLAZA TRUST
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year endod 31 August 2023
1.9 Basic flnanclal assets (contlnued)
Debt instruments are subsequently carried at arnortised Cost, using the effective inter8St rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are classified as current liabilities if payment is
due within one year or less. If not. they are presented as nonvcurrent liabilities. Trade creditors are
recognised initially at transaction Pri￿ and subsequently measured at amortised cost using the effective
interest method.
Derecognltlon of financial Ilabllltles
Financial liabilities are defecognised when the Charity's conlractual obligations expire or are discharged
or cancelled.
1.10 Employe6 benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services
are re￿Ived.
Termination benefits are recognised immediately as an expense when the charity is demonstrably
committed to teminate the employment of an employee or to provide temiinalion benefits.
2 Taxatlon
The company is registered as a Charitable Trust and is therefore exempt from corporation tax. due
to an annual exemption under sections 466 to 493 of the Corporation Tax Act 2010.
2.1 Critical accounting estimates and judgements
In the application of thè charity's accounting policies. the trustees are required to make judgements,
estimates and assumptions aboul the carrying arnount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only
that period, or in the period of the revision and future periods where the revision affects both current and
future periods.
There are no critical accounting estimates or judgements.
Stockport Plazo Tru5t~ TAR ond Finonci015totements 2024
18

STOCKPORT PLAZA TRUST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 August 2024
(Continued)
3. DONATIONS AND GRANTS
Gen•ral
Fund
Rostrl¢tod
Fund
Total
2024
Total
2023
Capltal Fund
Donatlons:
Other Donations
43,282
45.282
44.483
Grants:
Sundry Incom•:
15.663
15,663
24
58,945
The restricted funds are designated for backstage expendsture.
Gonoral
Fund
2,000
60.945
44.507
Rostrf¢tod
Fund
Total
2024
Total
2023
Capltal Fund
4. LEGACIES
Received
Costs see note 5 below
2,000
12,0001
2.0
12,0001
86.220
86,220
The restricted funds were designated for backstage expenditure. The funds were spent May 2024
5. DIRECT CHARITABLE INCOME
Genernl
Fund
RoStri¢lod
Fund
Total
2024
Total
2023
Capltal Fund
Theatre Income
Front of House Income
Profft on disposal of fixed assets
912.248
593.906
912,248
593,906
759.972
472,045
1,506.154
1,506.154
1,232.017
6. DIRECT CHARrrABLE EXPENDITURE
G•neral
Fund
RoStri¢lod
Fund
Total
2024
Total
2023
Capital Fund
Theatre Costs
Front of House Costs
Building Maintenance
Fundraising Costs
Salaries
Sundries
Depreciation
Loss on Disposal of As5et5
273,618
254,361
261,989
1.764
583.442
26.705
31.712
2.000
275,618
254.361
261.989
1,764
583,442
26,705
79,471
170,930
221,675
272,074
180
516,259
17,237
79,725
10.597
47.759
1,433,591
2.000
47,759
1,483.350
1,288.677
Stockport Plaza Trust- TAR and Financial Statements 2024
19

STOCKPORT PLAZA TRUST
(A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 August 2024
(Continued)
7. SUPPORT COSTS
General
Fund
R•strieted
Fun(1
Capital
Fund
Total
2024
Totsl
2023
Salaries
Sundries
583,442
26,705
583,442
26,705
516,259
17,237
610,147
610,147
533,496
8. GOVERNANCE COSTS
General
Fund
Restrlcted
Fund
Capitsl
Fund
Total
2024
Total
2023
Audit Fees
14.310
14.310
14,750
14,310
14,310
14,750
9. EMPLOYMENT COSTS
General
Fund
Restrlcted
Capital
Fund
Total
2024
Total
2023
Fund
Stage Pfoductions
Wages & Salaries
National Insurance Costs
Pension costs
48.027
493,046
34,266
8,103
583,442
48.027
493,046
34,266
8,103
583,442
58,284
419,086
31,461
7,428
516,259
The directors are all volunteers and do not receive any remuneration for their services.
One employee earned more than £60,000 and expenses of £ nil were paid12023- £ nil).
The average number of full-time equivalent employees, excluding directors, was as follows..
2024
2023
Operational Management & Box Office
Stage & Technical
Café Lounge
Bar Team
18
19
Stockport Plaza Tru5t- TAR and Financial Statements 2024
20

STOCKPORT PLAZA TRUST
IA Company Lirnlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For th• year ended 31 August 2024
(Continuèd)
10. TANG18LE FIXED ASSEFS
Flxture8, Ftttlngs.
Café & Theatr•
Etylpm•ni
Land &
Bulldni9S
Th••lr•
IMPr￿•￿Tr￿
Total
Cost:
As at 31 Au8USt 2023
Additions In Period
Disposals in Period
As at 31 August 2024
455.5D2
1,948,564
4BI.936
53.668
39.017
840
2,925.019
54,508
455A02
L948.564
535,604
39.857
2.979.517
D￿rI¢l•ll0￿..
As at 31 August 2023
Char6e in Period
Dep￿latIOn on Disp05als
As at 31 August 2024
222.917
9,052
479,462
38.707
320I56
28.584
29,115
3,128
1.052,350
79,471
231.969
518.169
32.243
I,131￿11
Book Valu•s:
s at 31 August 2024
223.533
IA30.395
186.164
7,514
1.847.706
As 3131 Atsgust 2023
232.585
1,469,102
161.080
9,902
1.872,669
All assets are In use for tharitable purposes.
Legal charBes exlst ¢>ver the freehold property. to Secu￿ the Intere5t5 of public bodies and other lenders funding its purchase
and the cost of theatre Impro¥emeThis.
11. DEBTORS
1024
2023
Trade Debtors
Prepayments
Other Debtors
32.871
37,372
33.148
103.391
3S.267
30,795
56.681
122.743
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade Credito¥s
PAYE and Natlonal Insurance
VAT Payable
Deferred Income- see note Ila
Other Credttor5
Accruals
89.255
2.738
15.889
555,034
50.684
93,383
806,983
56,946
8.602
22.624
412,116
27.790
124,762
652,840
12•. DEFERRED INCOME
Sales
2,204.794
Clfwd
555,034
Tlcket sales
412,116
12,061,8761
412,116
2.204.794
12.061,8761
555.034
Stockport Plata Trust- TAR and Financlal Ststemenis 2024
21

STOCKPORT PLAZA TRUST
(A Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 August 2024
{Contlnued)
12. CAPITAL FUND
Land &
Buildlngs
Balance at 31 August 2023:
Direct Charitable Expenditure- Theatre Improvements
Direct Charitable Expenditure- Depreciation
1.701,687
147,7591
Balance at 31 Au8USt 2024..
1.653.928
During the year £0 was transferred between the general and capital fund.
12a. RESTRicfED FUNDS
Balance at 31 August 2023..
Income
Expenditure
Balance at 31 August 2024:
4.000
12,0001
2,Ixio
A leBacy £2,OJO and donation £2,t¥)O were received designated to be used for backstage improvements.
£2.000 was expendeij.
13. CONTINGENT LIABILrriES
The Heritage Lottery Fund award totalling £2,￿,(￿￿ is repayable in the event the company is wound up.
The written consent of the grantor is required before the theatre can then be disposed of.
A similar conditlon applies to the capital grants Irom the North West Development Agency1£745,OWI
and from Stockport Metropolitan Borough Council1£300,ODJI. These liabilities are not expected to
materiali5e.
14. CAPITAL COMMITMENTS
There are no capital commitments12023- £ nill.
15. FINANCIAL COMMITMENTS
As at 31 August 2024 land as at 31 August 20231, the company had no annual commitments under
non-cancellable operating leases.
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
General
Fund
R•strlct•d
Fund
C•pltsl
Fund
Totsl
Fund balances are represented by..
Tangible Fixed Assets
Current Assets
Creditors: Amounts Falling Due Within One Year
193.778
1,495.044
1806,9831
881.839
1,653,928
1,847,706
1,497,044
1806,9831
2,537,767
2,000
1.653,928
17. RELATEO PARTY TRANSACTIONS
The company had no transactions with related parties.
Stockport Plaza Trust- TAR and Financial Statements 2024
22