Cbarity number: lQ77861 Company Dumber: 03572226 Croydon Youth Theatre Organisation (A company limiled by guarantee) Tntee5, report and financial statements for the year ended 31 March 2024
Croydon Youth Theatre Organisation (A company limited by guarantee) Contents Legal and administrdtive infornution Trustees, rep)rt ]ndendellt examiners, report Stateznent of financial activities Statetnent of financial FK)silion 9-10 Notes to the financial $taten*ots 11-17
Croydon Youth Theatre Organisation (A company limited by guarantee) Legal and administrative infOrntiOn Charlty number 1077861 Company registration number 03572226 Theatre address The Shoestring Theatre Oakley Road South Norwood LA)ndon SE25 4XG Registered office 3 Thanescroft Gardens Croydon Surrey CRO 5JR th)nna.Marie Crwkes Sarah Beer David Page Cheryl Govan Anna Shields Mary Pckacar Melanie SouthaD Nornwi Murray Bianca Beckles-Rose Laura Perry Roger Weeks AptK)inted 15101120?4 Resigned 1510112024 Apwinwj 1710312024 Ap1ftd 1810312024 Resigned 1510412024 Resigned 2710412024 Resigned 1110912023 Appointrd 2510312024 Appoin(ed 0210412024 Appointed 1810912024 Secretary David Page Accountants Hamilton-Eddy & Co. Chanered AccountaDt .19 Tamworth Road Croydon Surrey CRO IXU Bankers HSBC Croydon Branch 9 Wellesley Ro&1 Croydon CR9 2AA Solicitors Mery Crystal 165 Fleet Streei LoDdon, EC4A 2DY
Croydon Youth Theatre Organisation (A company limited by guarantee) Report of the trnstees (incorporating the directors, report) for the year ended 31 March 2024 The tntses present their report and the finaDcia] statements for the year ended 31 March 2024. structu governance and management The organi5alion is a charitable companv limiled by guarantee. incorporad on 29 May 1998 and registered as a charity on 20 October 1999. Direclor and Tn4Stees At the Isi April 2093 there were five DirectOrUses. Sarah Vivien BeeT. Nornwi Andrew Murray, David Page, Katie Pekacar and Melanie Southan. Nornw) Andrew Murray resigned on I l th September 2023 and Sarah Vivien Beer resigned on 15th January 2024. Donna-maria Crookcs was appointed a Dire¢torruStee on 15th January 2024. Cheryl Yvonne Govan was apw)inted a Directornrustee on 17th March 2024, Anna Marie Shields was appointed a DIrectorrUSt on 18th March 2024 and Bianca BeckJes-Rose was appointed a DirectOrTUS1ee on 25ih March 2024. David Page also sai as a "full" member of the Management Committee. which deals with the day-to-day work of the organisation. The Trustee5 have the Wer to app)int additional trustees as they consider appropriate to do so. and io Co-opt 0P1¢ onto the Managernent Commjttee. Management Committee In addition io David Page the Management Con)rnittee comprised duTing the course of the year. Sheril Chase. Adrienne auer. Lynda Morgan (also finance officer) and Mary Wolf (until the end of January 2024). Public Benefil all that they do, the Trustccs and Ihe Management Conunittee are rnindful of their reswnsibility io pursue the principal aim of the charity and bring benefil to young people and iheir families in Croydon and neighbouring areas - giving members opporninitses to gain new skills. acquire self-confidence. develop their eatiVity and to &ssisi them in making a positive contribution io xKiety. objectiv and activities The Lharity's objects and its principal activity continue to be that of working l(Kally with young people to develop physical and siKial skills primarily through the arts. and in particular those involved in theatre. This is done through workshop sessions and pr(Mluctions on CYTO'S premises and, when possible. through similar activiti&s in other centres for young people, i.e. schools, colleges and youth centres. CYTO was origmally ¢5tablished in 1965 and registered as a company in 1998 and as a chlty 1999. The charity is organised so that the Trusiees nyei regularly and liaise with the managellttl Committre who manage the day day running of the charity's affairs. Achievements and perfonnance Funding A large amount of the organisation's income was earned from the hire of spaces within the organigation's premises. Bui addiiionally individuals and organisations gave valuable financial Supp to cyro through stsnding order5 and on¢•off donations. Page 2
Croydon Youth Theatre Organisation (A company limited by guarantee) Report of the trnstees (incorporating the directors, report) for the year ended 31 March 2024 Staffing The chariiy itself Iw8 no pernunent or full-time employees. Andrew McPherson ¢ontinued as part lime anisiic director working two days a week for the organisation. Katharine Fry Continued &$ part-time office assistant. Daisy Barrett Nash continued to be engaged by cyro as a freelance tutor for Friday night workshops for the autumn and spring tern)s. Alfiah BrowTr replaced her for the summer term. Glenn Odom resigned as part time fundraiser at the end of April 2023 bui agreed coniinue assisting CYTO with grant applications on a voluniary b&sis Yuxuan Liu continued a5 a freelance &55istant. Volunteers and Supporters cyro could not have continued without the practical contributions of the DireCtorsrynle Management Committee. The orgaDisation was a150 assisied by a ho of other volunteers. AnK)ng them werc Teejay Hurley, David Morgan, Glenn Odorn and J(Kylz Saville-Hippely. All these people made specific, sometin5 projeci-based, voluntary contributions of time and skills to the running of CYTO including 'froni-of-house' dulles for produciions. admin.. displays, archive maInnanCe, doorUty, wardrobe. small building mainlenance tasks. fundraising. specialist technical help in the theatre and. most importantly. management of cyro's funds. A very approximatr eslln)a of the value of volunw contributions of this kind b&$ resulted in a figure of £,(KK) for the year. Programme CYTO pursues its objectives through a progrdmtt of wformanccs and theatre productions with associated workshop sesstons in which young people learn relevant pcrforrnance and technical skills as well as developing an understanding of teamwork. an apDreciation of and respect for the skills of others, a sense of both personal and team achievement and an enjoyment of wider horizons and new experiences. Page 3
Croydon Youth Theatre Organisation (A company limited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 March 2024 PToductions. Projects and Events cyro ik "Strangers Like Me" io Theatre Peckham during the Easter holidays as part of the National Theatre's Connections s¢h¢me but did not progress further. During the summer tenn the members conducted inteTriew's with l(Kal people to forni the basis of an aural history project "Voxes on Boxes- aboul culture in the borough as part of Croydon's Borough of Culture year. The interviews evolved into a verbatim piece of theatre directed by Andrew McPherson and presented &$ a production at the end of July 2023. In early July CYTO had a stall at South Norwood Festival to help publicise c0. Singing workshops were held for two different age groups during the summu tellD. Workshops. entitled Excel. were held in the sumnxr (ern] for older nrnberS to learn how to create an event and a budget was given to them to enable them to do th55. They chose a comedy night Is the subjeci and a comedy wriiing class with a piofessional cornedian was held one aftern(K)n in July with the conydian pulting on his show. with contributions by CYTO member5, in the evening. Excel workshops continued in thc autumn culminaiing with a SaDJrday afternoon taken up by a vanery of free workshops including conjuring and cake decordting run by professional extM)nents and in the spring of 2024 with a silent disco. In August cyro again ran a two week sumnH schewK, -summer Sizzle". which pr(Mluced two original one act plays which w'ere presented ai the end of the second week and involved employing a nurnber of theatre Creatives teaching backstage skills and the artistic director and Daisy Barrett Nash vlriting up the members, id8 and directing the shows. Following rehearsals dwing the autumn tenn cyro presented "The Advenlures of Mr Toad" in January 2023 direc by Andrew M¢Pherson. with Vanessa H¢in¢ &$ musical direclor. During the autumn tenn cyro again signed up to take part in the National Theatre's Connections scheme. 'Ki551MarrylPush Off Cliff. was chosen and following rehearsals during the spring ierni was presen*d ai The Shoestring in March 2024. Also during ihe spring terni members rehearsed devised pieces for a site specific perdmbulatory production to be staged in various spaces within Stanley Halls as pan of Sranley Arts "Arcadia" project dealing with climate change. Workshops The workshop programme ran throughout the year in 0'S building led by Daisy Barrel( Nash and Andrew McPherson. This progratDme continued io offer opwrninities members io learn skills in acting technical theatre. Membership Aware of ihe cost of living crisis being experienced by parents a1 carers membership fees remained at £60 per term during the year. In the course of the year around 75 different young people were 'paid-up' Members of CYTO with an average of 60 per temi. A bursary schemc continued to be run during the year funded by a private donation. Page 4
Croydon Youth Theatre Organisation (A company limited by guarantee) Report of the trustees (incorporating the directors, report) for the year ended 31 March 2024 Fun4re Developmen15 (April 2024 onardS} CYTO will be appearing ai Stanley Ha115 at the beginJ)ing of April as part of the St2nley Arts "Arcadia" project (see ProductionslProJeCtsVents above). And CYTO will be taking "Ki5marry/PllSh Off Cliff (see PTodUctionsJProjIEVen[S above) to the Southwdrk Playhouse at Ihe end ot April for the next round of the National Theatre's Connethions schell. The terni wkll then continue with the regular Friday night drama workshops plus tech Workshops on Mondays and followiDg the success of Excel work will be undertaken by that group to prlUCe an eveni a( the eDd of the summer ierm. In this way CYTO will be continuing the provision of out-of-schl opportuniues for young people in Croydon which it has been offering for over fifty year8 and which allows its members to engage in the perforniing arts in a friendly. safe and Secure space. The organisation will also continue to pursue ways io secure the necessary rewurces. (financial, human and bricks and nar) to meet Cote objectives. ID addition CYTO will seek to expand hiring out building for rehearsals. research and developmeni of new rfornwice work. fosieTing co113boraiions local performers and companies and generally aciing &8 an arts hub for the local community. The development of this as a source of incon* is however still hampered by the condition of the building and. in particular, by the inflexible and cosdy heating system and the lack of coolinglinsulation from high external temperatures but it is hoped the new long lease will allow the organisauon to obtain Lapitsl grants to rectify at least some of these defects. Financial review Transactions anu, Financial Plan The statrmeni of financial activities sbows nei iticon over eXndire of £4.274. The unrestricted funds bala]Jce stands at £47,33? and the restricted fund5 at £7,850 which have yei to be fully utilised. Funds Available The opening bank balances sto1 at £47,0?O as ai Isi April 2023 and had increased to £50.320 as at 31st March 2024. Non-cash support Croydon Council continued to provide free "ststutory" maintenance checks for the emergency lighting and fire alarni. legionella testing and p)rtable appliance testing etc. up until the grani of the new lease and thereafter continued to Carry these out for a year ai a fixed fee. Croydon Council also carried out repairs to the organisation's premises. The Shoestring Theatre until the grant of the new lease. In addition CYTO benefitted from 'gifts in kind, in the form of iirne and services from volunreers and donated go(Mls. Premises cyro's wa5 granted a new 30 year lease ai a peppercorn nt by Croydon Council on 7th June 2023 by way of a Community Assei Transfer. As a Charity CYTO received relief from the majority of its businw rates. Minor repair work was carried oul to cyro's building throughoui the Yr. A temtK)rary suFrfommittee set up lo consider redeveloping the building now that cyro had d long lease. This planning bucoMMIttee W<lS led by Andrew McPherson. Glenn Odom and 3rchiiect Anith Nadkdrni and its meetings included members. of the management Cornmit 3nd ttustees and other interested parties and took the views of cyro member5, hirerb. voluntrers and rnembers of the local community. It met on a monthly basis from July until December 2023 and canK up with a large number of proposa15 (subjecl to funding). Page 5
CroydoD Youth Theatre Organisation (A company liniited by gllaranttt) Report of the trustees (incorporating the directors, report) for the year ended 31 March 2024 Croydon Coun¢il The Trustees and the Management Commtttee acknowledge with gratitude the srywt of Croydon Council. ststeme•t of trustee3' responslbllities The trustees (who are also dirlorS of Croydon Youth Theatre OrganiOi(m the Pury of company law) are responsible for preparing the Trustees, Annual Report and the financial s1*n in x¢ordan¢e with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the trustees to prepare finantial statements for each financial vear which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure. of the charitable cornpany for thar period. In preparing these financial statements, the trustees are required to: sel¢ct suitable accounting policies and then apply them consist¢ntly; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent: state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis Unless it is inappropriate to presume that the charitable company will continue in operation. The trusttts are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable cornpany and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charytsble company and hence for taking reasonable steps for the prevention and detection of frdud and other irregularities. Small eompgny provisions This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. This report was approved by the Board on 19 December 2024 and Sied on its behalf by David P•ge Seetttlry Page 6
Croydon Youth Theatre OryMwa.' .. :..,. (A company limited by guarxkn) Independent examiner's report to the •vir•t aaaudited financial statements of Croydoll Youth Theatre Organisali• l pOrt on the accounts of Croydon Youth Theatr the year ended 31 March 2024 set out on pages 2 to 17. Respective responsibilities of trustees examiner The charity's tSteeS (who are also the directors of ts cthrywy for purposes of company law) are responsible for the preparation of the accounts. The trustees consider an is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent is needed. The charity is required by company law to prepare accrued accounts and l am qualified to enmination by being a qualified member of the Enstitute of Chartered Accountants in England and Wales. Having sattsfied myself that the charity is not subject to •lit under company law and is eligible for independent examination, it is my responsibility to examine the accounts section 145 of the Act. to follow the procedures laid down in the generdl DTrections given by the Charity conn1s510n und¢r section 145(5Xb) of the Act; and to state wheth¢r particular matter5 have come to my attention. B&8ig of i•depeMde4t examiner's statement My examination was carried out in accordance with the generdl Directions giv¢n by the Charity Commission. examination includes 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 items or disclosur¢s in the accounts. and seeking explanations from you as trustees concerning any such matters. The procedure5 undertak¢n 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 nie and fair view and the report is limited to those matters set out in the statement below. Indepee1t examiner's stxtememt In connection with my examination. no matter has come to my attention: (i) which gives me reasonable cause to believe that in any mafrrial respect the requirements: to keep propcr accounting records in accordance with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met. or {ii) to which. in my opinion, attention should be drawm in order to enable a proper understanding of the accounts to be reached. David Weede F.C.A. Indepexdent examiner Hamilton-Eddy & Co. Chartered Accountants 39 Tamworth Road Croydon CRO IXU Date.. 19 Ikcember 2024 Page 7
Croydon Youth Theatre Organisation (A company limited by guarantee) Statement of financial activities (ineorpornting the income and expenditure account) For the year ended 31 March 2024 2024 Total 2023 Total funds Notes Incoming resources incomittg resources from generdting funds: Donations and granLs Activities for generating funds Investment income ?0,659 51,089 814 10.399 31,058 51.089 814 44,?24 44.766 Total incoming resources 72.562 10,399 82.961 89.184 Resources expended Costs of generating funds: Cost of generating voluntary incoll Fundraising trading: cost of goods bold and other costs Chariiable activities Governance costs 3.537 3,537 4,679 10.315 44.878 11.845 7.15? 22,160 52.030 25,362 53.609 840 Jo Totsl resources expended 59.6(K) 18.997 78.687 84.49) Net incomin(nUt801g) resources before transfers 12,872 (8.598) 4.274 4,694 Transfer between funds 345 (345) Net incomingl(outgoing) resources for the year 13.217 (8.943) 4,274 4.694 Total fund5 broughi forward 34.115 16,793 50.908 46.214 Total funds carried forward 47,332 55.182 50,908 The stalerneni of financial activiti¢5 includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities. The notes on Pag l I to 17 forn] an integral part of these fioaneial s¢tennts. Page 8
Croydon Youth Theatre Organisation (A company limited by guarantee) Statement of financial position as at 31 March 2024 2023 Fixed &ssets Tangible assets Current assets Stocks Debtors Cash at bank and in hand 14 3.024 1.654 43 4.138 50.320 74 5,617 47.051 15 54.501 52.742 Creditors: amounts falling due within one year 16 (2.343) 13.488) Net current 455ets 52.158 49,254 Net a&sets 55.182 50,908 Funds of the charlty Restricted income funds Unrestricted income funds 17 7.850 47.332 16,793 34.115 Total eharity funds 55.182 50,908 The Statement of fmancial p)sition continues OD the following page. The notes on pages 11 to 17 forn) an integral part of th¢se fin11 SteDllt Page 9
Croydon Youth Theatre Organisation (A company limited by guarantee) Statement of fmancial position (continued) Trustees statements required by the Compa•iu Act 2006 for the year ended 31 March 2024 En approving these financial ststements as tDJsiees of the we hereby confinn: (a) that for the year stated above the company w&s enttded to the exemption conferred by section 477 of the Companies Act 2006 ' (b) that no notice has been deposited at the registered office of the cornpany pursuant to seciion 476 of the Companies Act 2006 requesting that an audit be conducted for the year ermled 31 March 2024. (c) that the director5 acknowledge their responsTbilities for complying with the requirements of the Act with respect to the accounting records and the preparation of financial statements. These fmancial statements have been prepared in accordance with the provisions applicable to companies subjert to the small companies, regimc and in 8ccordance with FRS 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland, The financial statements were approved by the board on 19 De¢emb¢r 2024 and signed on its behalf by David Page Direetsr Dirertor LFlugA f Ela£y Company number.. 03572226 The notes on pages I I to 17 forni *n integral part of these fin•Dcial statements. Page 10
Croydon Youth Theatre Organisation {A company limited by guarantee) Notes to financial staten]ents for the year ended 31 March 2024 General Inforniation The company is a private company. limited by guarane, regisiered il) England. The address of the regislered office is 3 ThascrOfi GardeTrs, Croydon, Surrey. CRO 5JR. ststement of compliance These [llwla1 seMentS bave been peparcd in compliance with the provisions of FRS 10? Section IA, The Financial Re[]ng Standard applicable An the UK and Republic of Ireland,. Accounting policies The principal accounting policies are sUmmSed below. The accounting policies have been applied consistsndy throughout the year and the preceding year. B&sis of accounting The financial statemcnts have been prepared under the historical cost basis. The financial stalements ate prepared in sterling. which is the functional currency of the entity.. 3.2. Going concern There are no rnaterial UncertntieS all[ the charity's ability to continue. 3J. Incoming rewurces All incoming resources are included in the swement of financial aaivities when the ehariry is entitled to the incon* and the amouni can be quantified with rOnable a¢¢urdcy. The following specific polTrcies are applied to particul categories of income: Voluntary income is received by way of grants. donauons atKI ftS and is included in full in the statemenl of financial activities when receivable. Grants where entitlemeni is not conditional on the delivery of a specifi¢ perfornwlce by the charity. are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilitie5 are included at the value the charity where this can bc quantified. The value of services provided by volunteers has not been included. Grants. including grants for the Purch of fixed assets. were recognised in full in the sthiemenl of fu)anciai activiues in the year in which they are receivable. In 2(XY) this policy was changed relating to grants for the purchase of fixed asseis - these are now treated as deferred income and released at the same rdte as the assei is being depreciated. IncotD¢ from the charity shop is included in the year in which it is receivable. Income from invcstments is included in the year in which il is receivable. Page 11
Croydon Youth Theatre Organisation (A company limited by guarantee) Notes to financial statements for the year ended 31 March 2024 3.4. Resources expended Expenth'ture is recogTused on an accnds basis as a liabiiiiy is incuTred. Expendiiure includes any VAT which cannot be fully r¢¢overed, and is rew)rted as part of the eXnditre (o which it rela. charlb]e expenditure comprlses those costs incurred by the chariry in the delivery of its activities and services for its beneficiaries. It includes iK)th costs that can be allocated directly to swh activities and those ¢osts of an indirect natsw¢ necessary to supp)rt thern. Fundraising costs are those incU¢d in s¢eking volunwy contributions and do not include the c9sts of disseminating inf0mtion in suptK)rt of the charitable acts"Vities. 3.5. Tangibk red assets and depreciation Tangible f¢d assets are sled cosi less accumulaied depreciation. Depreciation is provided at rates calCulad to write off the cost less residual value of each &8set over its expected useful life. as follows: Plant and rn¥lll'nery Fixiures. fittings and equipment 25% Reducing Balance over 3 years straighi linc 3.6. Stock Tuck shop stock is valued at the lower of COK and net realisable value. Donatio$ and grants 2024 2023 Total Donations Grants - tA)ndon Borough of Croydon Grants - Project Income Grants . Artisiic Director Grants - Arcadia 14,790 14,790 8,754 1 8,5(X) 18.970 {1.565) 10.399 8.834 7.434 7.434 20.659 10.399 31,058 44,224 Page 12
Croydon Youth Theatre OrganisatiOD (A company limited by guarantse) Notes to fanCIal ststements for the year ended 31 March 2024 Activities for generaling funds 2023 To1 1,311 -1,317 35.237 1.311 3.317 35.237 1,288 2,542 31.411 24 9,501 Tuck Shop mcome Inco from Productions Other Income Membership Subscriptions 11,224 11.224 51,089 51.089 44,766 Investment income 2023 TotAI fun Totsl 814 814 194 Bank interest receivable 814 814 Cost of generating voluntsry income 2024 2023 Tot41 run 3,537 3,537 4,679 Salaries - Fundraising 3,537 3,537 4.679 FundraAng trading Unrestricted Restricted unds 2024 Totsl ' 2023 Total 790 9.525 790 21,370 676 24.686 Tuck Sl)OP COSLS Cost of Productions 11.845 10.315 11,845 22.1 25,362 Page 13
Croydon Youth Theatre Organisation (A company limited by guarantee) Notes to financial ststements for the y&qr ended 31 March 2024 Costs of charitsble activities 2024 Tolal 2023 Total funits Project Expenditure Jack Peichey expenditure Workshops Salaries- Artistic Direcior Salaries - Administration Renl and Rates Lighi & Heat Cleaning Insurance General ExFnses Repairs Payroll Adrninistration Training Telephone Voluner Support Depreciation 481 481 1.265 62 9.305 14.845 4,402 6,420 15.582 4.678 323 9,248 353 5.093 479 3W 210 6.420 16.684 4.678 6,373 9.248 353 5.093 479 3(K) 210 1.102 6.050 15.006 302 4,71.3 704 1,618 210 405 405 468 93 552 1.3(kS 1.306 44.878 7.152 52.030 53,6(Y) 10. Governance costs 2024 Total 2023 To¢al Independent Examiner fees 960 840 960 960 11. Net incoming resources for the year 2024 2023 Net incoming resourccs is stated after charging.. Depreciation and other amounts wriiien off tangible fixed assets Independeni Examiner's remuneration 1.3IYI 552 840 Page 14
Croydon Youth Theatre Organisation (A company lin)ited by guarantee) Notes to financial statements for the year ended 31 March 2024 12. Employees Employment costs 2024 2023 Salaries Pension costs 25.928 ?50 10.990 26.178 10,998 No ernployee received emoluments of nM)re than £(.(N) (2023 .' None). Number of employees The average monthly numbers of paid employees during the year was &$ follows: 2624 Number 2823 Number Part time 13. Taxation The chariiy's activities fall within the exemptio afforded by the provisions of the Income and Corporation Taxes Aci 1988. Accordingly, Ihere is no tsxation charge in these accounts. 14. Tangible red Plant and fittings and Dhlery equIpt Cost At l April 2023 Additions 9,637 5(X) 2,676 10.137 2,676 At 31 March 2024 9.637 3.176 12,813 Depreciation Ai l April 2023 Charge for the year 7,983 414 5iX) 892 8.483 1,306 Ai 31 March 2024 8,397 1.392 9.789 Net book values At 31 March 2024 1,240 1.784 3.024 At 31 March 2023 1.654 1.654 Page IS
Croydon Youth Theatre Organisation (A company limited by guarantee) Notes to fllvancial statements for the year ended 31 March 2024 15. Debtors 20 Prepayments and accrued income 4,138 5,617 16. Creditors: amounts falling due within one year Other tsxes and 51Kial SeClty AccnlS 143 ?.2(KJ 398 2,343 3,488 17. Analysis of net &4sets between funds Totsl fuods ruods Fund balances ai 31 March 2024 &s represented by: Tangible fixed assets Current &ssets Current liabilities 3.024 46.651 (2.343) 3.024 54,501 (2.343) 7.850 47.332 7.850 55.182 18. untricted funds At l April IncomiDg Outgoing 2011 resour resources TraThrfers Ai 31 March 2024 General Fund 34.115 72.562 (59.69)) 345 47.332 34.115 72.562 (59,69)) 345 47,332 Purposes of unr&stricted funds The Gcn¢ral Funds are to be used for carying out the objectives and activities of the organisation. Page 16
Croydon Youth Theatre Organisation (A company limited by guarantee) Notes to financial statsments for the year ended 31 March 20 19. Restricted fuD At l April Inconxng (tgOIng 2023 r&wurces r&wurces Transfers At 31 March 2024 LB of Croydon - Rent Donation - B wsaTie5 Arcadia Project D'oyly Carte Donation - Artisuc Director Golden Giving donations Big South Innovaiion Fund 12.445 (6,050) (.341) (5,684) (1.510) (1.102) 1345) 6,050 6.434 750 1,510 1,102 51K) 895 5(K) 550 3.965 14.310) 16.793 10.399 (18.997) 1345) 7.850 Purposes of restricted funds LB of Croydon covers 95% of the rent payable for the Shoestring Theatre. Donauon- Funding for bursaries. The Arcadia Projeci - Funding by Stanley Arts for global warniing project D'oyly Carte - Promoung drama in schools. Donation- Funding for Artistic Diwtor. Golden Giving donations - FundiDg for theatre lighting. Big South Innovation Fund- Providing for costs &SS(Kiated with use of a portable stage. 20. Company Ilmited by guarantee Croydon Youth Theatre Organisation is a company limi(ed by guardntee and accordingly does not have a share capital. Every member of the company undertakes to ¢ODtribute such amount as may be required not exceeding £1 to the assets of the ¢hariiable cornpany in the event of its being wound up while he or she 15 a member. or within one year after he or she cease5 to be a nMber. Page 17