Registered Company Number 04015695 Registered Charity Number 1082267 **DARK HORSE THEATRE REPORTS OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **Dark Horse Theatre** ## **Report of the Trustees and Unaudited Financial Statements For The Year Ended 31 March 2024** |**Contents**|| |---|---| ||**Page**| |Report of the Trustees|1 to 5| |Independent Examiner's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Financial Statements|9 to 15| |Detailed Statement of Financial Activities|16 to 17| ## **Dark Horse Theatre Chair's Report For The Year Ended 31 March 2024** 2023-2024 saw Dark Horse consolidating its new structure, and the next chapter of its history, with Iain Bloomfield beginning his tenure as Executive Director alongside Creative Director Amy Cunningham. Together, they oversaw a year in which the company stepped up its activity by pursuing creative and radical new projects and opening its doors to many more members. The strategic vision of Dark Horse was further strengthened by the further development of the Steering Committee, comprised of the company’s actors with learning disabilities and formalising their capacity to influence, lead and shape the direction of the company. In June, the actors’ ensemble was back on creative duty, enchanting audiences with To Be Us, a commissioned work for Holmfirth Arts Festival which explores the connections between people and the planet. In November they revisited the world of previous show #Unit21 and developed it into a thrilling immersive experience in Huddersfield’s Smile Bar. Working in partnership with HOOT, Party People Project, Lawrence Batley Theatre, Beautiful Octopus Club and Music in Kirklees, the project engaged community participants across the region, creating indelible memories, and a huge amount of fun, for all who attended. We also welcomed two new members of staff with responsibility for major Dark Horse projects: Matilda O’Grady took on the role of Actor Training Co-ordinator, running the AcT student training programme to develop the next generation of learning disabled and neurodiverse performers, funded by the Igen Trust; and Dan Cox was appointed Young Company Manager, managing the new National Lottery funded IGNITE project for young people with learning disabilities in Huddersfield and Dewsbury. With a whole raft of new talent now in place for the company, both onstage and off, all at Dark Horse are very excited for the future as we continue to change the artistic and social landscape for learning disabled and neurodiverse theatre-makers. Signed ___________________________ D A Calvert 18/12/2024 Date Page 1 ## **Dark Horse Theatre Report of the Trustees For The Year Ended 31 March 2024** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **Objectives and Activities** ## **Introduction** Dark Horse Theatre inspires people through the creation and dissemination of innovative theatre and theatre related activities, demonstrating though its work that learning disabled and neurodivergent people can make brilliant and life changing art. Through this the company promotes inclusion amongst people who have little or no access to the arts, often working with people in areas of high economic and social deprivation. The company encourages rather than cajoles, provides opportunities for life-long learning, training and employment and seeks, through making theatre and digital work in collaboration with a wide range of artists, to change the way that people both learning disabled and non-learning disabled perceive the world. The company continues to evolve and grow in positive ways – we were joined by Matilda O’Grady who will run our Igen funded Student training course and Dan Cox who runs our newly funded youth provision in both Huddersfield and Dewsbury, Ignite. The company continued to make the adventurous, artist and audience relevant performance work outlined in the Business Plan and has pushed forward in its wider engagements both online and in person. ## **Objectives and aims** The objective of the charity is for people with learning disabilities to be given equal opportunities to train and work in live, digital and recorded arts. ## **Achievements and Performance** ## **#Unit21: AfterParty** Made in partnership with Party People Project, Hoot, Beautiful Octopus Club, Lawrence Batley Theatre, Lucy Lee, Rebecca Constable, Ben Glover and Tracy Gibbs, the project engaged with a wide range of young adults through to elders who are learning disabled or living with autism spectrum disorders. We created an immersive site-specific performance that centred access and agency - the participants, the performers and the planning committee created the club night they wanted to attend. They worked alongside designer Rebecca Constable to create a scenography that linked the club, the bar and the chill out spaces; with lighting designer Tracy Gibbs and Videographer Ben Glover to ensure that the light based elements were accessible to people with light sensitivities; they undertook DJing workshops and DJ’d the evening alongside James Heselwood of Party People Project; and created their own digital kinetic sculptures which were projected on the night. Outside of the small bits of set and costume we recycled from #Unit21 everything was designed and made by project participants. We partnered with Kirklees College, Bespoke, Active Social Care, Lawrence Batley Theatre, Beautiful Octopus Club, More2Do (Mencap), Waves and Birch Tree Centre to reach learning disabled and autism spectrum participants and worked in their spaces and in our Piazza base. Page 2 **Dark Horse Theatre Report of the Trustees For The Year Ended 31 March 2024** 145 people attended the night and 474 were engaged in the project as makers etc. or watched it via the livestream. Following the completion of #Unit21:Afterparty the company began work on a small commission for inclusion in the Summer 2024 Huddersfield Literature Festival. ## **To Be Us** At the beginning of the financial year the company was commissioned to make an outdoor performance for the Holmfirth Arts Festival in June 2023. Focussing on our relationship with the planet and its environment the show played to large and enthusiastic outdoor audiences and succeeded in avoiding bad weather and getting a lot of people participating in its joyful finale. Elements of the show were then adapted by Ekaterina Chokova and the Acting Ensemble into a workshop style performance which was taken to Cloverleaf Advocacy’s Picnic in the Park at Greenhead Park, Huddersfield. ## **Student Course** Following the departure of Libbie Saunders, the company ran 8 weeks of residencies with a range of performance artists with the student cohort. Izzy Britain, who specialises in poetry, story making and dance; Anna Cabre, who specialises in contemporary dance and singing; Xolani Crabtree, a movement director; and Lucie Lee, whose work centres around movement in digital performance. The whole process was documented by film maker Eva McQuade and was turned into a documentary ’I Belong’ which will be released in early 24/25 and entered for film festivals. We were joined by Matilda O’Grady, fresh from a Masters’ Degree at the Central School of Speech and Drama, who spent the rest of the year exploring puppetry, object manipulation and shadow work. ## **Ignite** Ignite is being funded through generous three year funding from the National Lottery Community Fund. Following a successful pilot of a young company, we were able to secure funding to develop and start to deliver work with learning disabled and neurodivergent young people across two sites, one in a community run space in Dewsbury and one at the Lawrence Batley Theatre in Huddersfield. We recruited Dan Cox, who has a First Class Contemporary Theatre degree from the Royal Conservatoire of Scotland. Whilst the socio-economic and arts expectation gaps between the two bases is stark, both have recruited well and there has been little drop out, which indicates (as does the extremely positive feedback) that there is both a need and a desire for this work and that we are delivering against both. The National Lottery, as a thoughtful funder, is keen to learn from the projects it funds and therefore Dan and Executive Director, Iain Bloomfield, have given considerable time to devising innovative and wide ranging data capture methods to allow us to consider the successes and failures of the project longitudinally. ## **Digital and Social Media** Following on from the successes we have had over the last year and based on the realisation that ‘content is king’ we have continued to populate our social media platforms as richly as possible. We centred this around a campaign “It Takes a Village” that sought to open up the range of people and roles needed to allow us to do what we do. Page 3 ## **Dark Horse Theatre Report of the Trustees For The Year Ended 31 March 2024** This work allowed the company to start laying out in public the narratives that we will want to be following up with funding bids and over-arching projects in the coming years. We saw engagements rise, and an increased international reach – important if we wish to continue making digital work - even against last year but are becoming aware that if we want to progress in this area we will need to take a strategic approach to creation and dissemination and will need to explore how that might happen. The company exceeded 10 million discrete hits across its social media platforms, which for a small theatre company in Huddersfield is something to be very proud of. ## **Community Engagement** The company continued to put flesh to the bones of its desire to be a community resource – continuing to work with both the police and student nurses, working with SEND education provision and in mainstream education – both led this year by Ignite recruitment. We also worked closely with the Kirklees Cultural Leaders Group who are seeking a more strategic relationship with the wider cultural provision within the district. ## **Financial Review** At year end the charity unrestricted reserves had increased to £71,752 (2023: 65,769 as restated). The Coronavirus pandemic highlighted the importance of the trustees' aim to maintain a healthy level of reserves. At least 3 months of expenditure are retained to cover working capital requirements, to enable the company to continue its charitable activities during short term funding gaps and to pay for time sensitive one off projects that help to further the work of the company. Additionally, the trustees have also agreed that any actor or student from a socio-economically deprived background will have their fees wholly or partially waived – no one will be excluded because of inability to pay fees. The current level of reserves also takes into account uncertainty about return to business as usual post the Coronavirus pandemic. Beyond that investment and sound planning and timely fundraising should ensure that the company continues to be resilient and that the appropriate level of reserves is maintained. ## **Structure, Governance and Management Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Organisational structure** The board of trustees remained strong, filling any skills gaps that assist the company and its forward momentum. Coming out of the pandemic the company launched an Actors Steering Committee. Made up of the company actors the steering committee meets before every trustees meeting, following the agenda, commenting and discussing its content before that is fed back in the more formal board of trustees meeting. Meetings are held quarterly with the AGM towards the end of the year. Page 4 **Dark Horse Theatre Report of the Trustees For The Year Ended 31 March 2024** ## **Staffing** The company continued with its core staff of 3.5 full time equivalent staff. Additional input from a regular volunteer finance assistant, freelance tutors and project workers, highly skilled professionals from the theatre and business worlds were also employed as required. Many on fixed term contracts in a variety of roles relevant to the work programme of a producing theatre company. ## **Reference and Administrative Details** ## **Charity name** Dark Horse Theatre ## **Registered Charity number** 1082267 ## **Charity's principal address** Lawrence Batley Theatre Huddersfield West Yorkshire HD1 2SP ## **Trustees** D A Calvert V A Javin S J Diamant D R Cuthbertson ## **Company Secretary** I Bloomfield ## **Independent Examiner** Birdsall & Armstrong Limited Chartered Certified Accountants Kershaw House 80 Fitzwilliam Street Huddersfield HD1 5BB > Approved by order of the board of trustees and signed on its behalf by: O—_\ /)_ . [;—) ___________________________ D A Calvert Date 18/12/2024 Page 5 ## **Dark Horse Theatre Independent Examiners' Report For The Year Ended 31 March 2024** ## **Independent examiner's report to the trustees of Dark Horse Theatre ("the Trust")** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2024. ## **Responsibilities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: • the accounting records were not kept in accordance with section 130 of the Charities Act; or • the accounts did not accord with the accounting records; or • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed ___________________________ ## Date 18 December 2024 Francesca Haigh ACCA FMAAT ATT(fellow) Birdsall & Armstrong Limited Chartered Certified Accountants Kershaw House 80 Fitzwilliam Street Huddersfield HD1 5BB Page 6 ## **Dark Horse Theatre Statement of Financial Activities (including summary income and expenditure account) For The Year Ended 31 March 2024** |Notes
**INCOME**
3
**Income and endowments from:**
Donations and legacies
Charitable activities:
Actor training and workshops
Productions
Other income
Investments
**Total**
**EXPENDITURE**
4
Expenditure on:
Raising funds
Charitable activities:
Actor training and workshops
Productions
Other income
**Total**
**Net income/(expenditure)**
**Transfers between funds**
11
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**2024**
**2023**
**Unrestricted Restricted**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**£**
**£**
**£**
**£**
895
-
895
4,060
44,428
66,893
111,321
102,759
4,876
28,500
33,376
5,000
-
-
-
4,605
3,805
-
3,805
10| |---|---| ||54,004
95,393
149,397
116,434| ||660
-
-
660
-
4,950
84,681
40,129
124,810
127,311
1,028
22,103
23,130
21,488
231
-
231
1,040| ||85,279
62,232
147,511
154,789| ||31,275
-
33,161
1,886
38,355
-
37,257
37,257
-
-
-| ||5,982
4,096
-
1,886
38,355
-
65,769
20,623
86,392
111,593| ||71,752
16,527
88,278
73,238| Page 7 ## **Dark Horse Theatre Balance Sheet For The Year Ended 31 March 2024** ||||||||**2024**||**2023**| |---|---|---|---|---|---|---|---|---|---| |||**Unrestricted **||**Restricted**|||**Total**|**Prior year**|| ||||**funds**||**funds**||**funds**||**funds**| ||Notes||**£**||**£**||**£**||**£**| |**Fixed assets**|||||||||| |Tangible assets|8||-||-||-||231| |**Current assets**|||||||||| |Debtors|9||44,433||29,198||73,631||48,901| |Cash at bank and in hand|||61,725||3,765||65,490||73,582| |**Total current assets**|||106,158||32,963||139,120||122,483| |**Creditors: amounts falling due within**|||||||||| |**one year**|10|-|34,406|-|16,436
-|-|50,842
-|-|36,322
-| |**Net current assets**|||71,752||16,526||88,278||86,161| |**Total net assets**|||71,752||16,526||88,278||86,392| |**Funds of the Charity**|11||||||||| |Restricted income funds|||-||16,527||16,527||20,623| |Unrestricted funds|||71,752||-||71,752||65,769| |**Total funds**|||71,752||16,527||88,278||86,392| The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with 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 accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP. ____________________________________ D A Calvert Date 18/12/2024 The notes on pages 9 To 15 form part of these financial statements. Page 8 ## **Dark Horse Theatre Notes to the Financial Statements For The Year Ended 31 March 2024** ## **1 General Information** Dark Horse Theatre Registered number 04015695 is a charitable company incorporated in England and Wales, Charity number 1082267. The registered office is Lawrence Batley Theatre, Huddersfield, West Yorkshire, HD1 2SP. ## **2 Accounting Policies** ## 2.1 **Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011.Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. The charity constitutes a public benefit entity as defined by FRS 102. ## 2.2 **Funds structure** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Where there is a legal restriction on the purpose to which a fund may be put, the fund is classified as a restricted fund. Restricted funds are those where the donor has provided for the donation to be spent in furtherance of a specified charitable purpose. ## 2.3 **Income** Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Income is recognised in the Statement of Financial Activities when the charity has entitlement to the funds, it is more likely than not that the resources will be received and the monetary value can be measure with sufficient reliability, ## 2.4 **Expenditure** Liabilities are recognised as expenditure where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Page 9 **Dark Horse Theatre Notes to the Financial Statements For The Year Ended 31 March 2024** ## 2.5 **Tangible fixed assets** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & fittings Computer equipment 20% straight line 33.33% straight line ## 2.6 **Taxation** The charity is exempt from Corporation tax on its charitable activities. ## 2.7 **Leases** Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the Statement of Financial Activities as incurred. ## 2.8 **Pensions** The charity operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. Page 10 ## **Dark Horse Theatre Notes to the Financial Statements For The Year Ended 31 March 2024** ||||||||**2024**|**2023**| |---|---|---|---|---|---|---|---|---| ||||**Unrestricted**||**Restricted**||**Total**|**Prior year**| |||||**funds**|**funds**||**funds**|**funds**| |||||**£**|**£**||**£**|**£**| |**3**|**Income**|||||||| ||3.1|**Donations and legacies**||||||| |||Donations||895|-||895|1,326| ||3.2|**Charitable activities**||||||| |||Actor training and workshops:||||||| |||Grants||-|66,893||66,893|38,700| |||Actor training fees||36,970|-||36,970|36,630| |||External workshops||7,458|-||7,458|12,356| |||Productions:||||||| |||Grants||-|28,500||28,500|73,985| |||Ticket sales||4,876|-||4,876|5,328| |||Other income:||||||| |||Other income||-|-||-|12,516| |||||49,305|95,393||144,697|179,515| |||Grants received, included in the above, are as follows:||||||| |||Arts Council England||-|28,500||28,500|58,284| |||National Lottery||-|21,605||21,605|5,990| |||Igen Trust||-|26,109||26,109|25,602| |||Rix Thompson Rothenberg||-|5,000||5,000|5,000| |||Rank Foundation||-|14,179||14,179|17,809| |||||-|95,393||95,393|112,685| ||3.3|**Investments**||||||| |||Deposit account interest||3,805|-||3,805|1,272| |**4**|**Expenditure**|||||||| ||4.1|**Raising funds**||||||| |||Fundraising costs|-|660
|-|-|660
|4,083| ||4.2|**Charitable activities**||||||| |||Actor training and workshops:||||||| |||Wages||56,010|36,034||92,044|82,519| |||Social security|-|253
|1,823||1,571|768| |||Pensions||1,153|517||1,670|829| |||Freelance staff||6,611|1,625||8,236|12,120| |||Travel and accommodation||3,305|9||3,314|3,383| |||Publicity||1,434|47||1,481|2,879| |||Production and workshop costs||2,595|75||2,670|5,232| |||Overheads||13,824|-||13,824|13,106| Page 11 ## **Dark Horse Theatre Notes to the Financial Statements For The Year Ended 31 March 2024** |**Charitable activities continued**
Productions:
Freelance staff
-
7,885
7,885
23,089
Travel and accommodation
-
744
744
5,259
Publicity
-
1,280
1,280
1,000
Production and workshop costs
-
9,201
9,201
13,303
Rent of rehearsal space and ven
1,028
2,993
4,020
Casting fees:
Depreciation of tangible fixed as
231
-
231
1,390
85,939
62,232
148,171
164,876
**5**
**Net income/(expenditure) for the year**
This is stated after charging:
**2024**
**2023**
**£**
**£**
Depreciation
231
1,390
Operating lease rentals:
Property
3,956
5,439
Independent examiner's fees
1,888
1,075
**6**
**Paid employees**
6.1
**Staff costs**
**2024**
**2023**
**£**
**£**
Salaries and wages
92,044
82,519
Social security costs
1,571
768
Pension costs (defined contribution scheme)
1,670
829
Staff and volunteer expenses, travel, training
6,683
9,656
Freelance staff
16,121
35,209
Recruitment fees
274
1,170
118,364
130,151
No employee has employee benefits in excess of £60,000 (2023 - nil).
**2024**
**2023**
**£**
**£**
Total amount paid to key management
17,344
20,037|**Charitable activities continued**
Productions:
Freelance staff
-
7,885
7,885
23,089
Travel and accommodation
-
744
744
5,259
Publicity
-
1,280
1,280
1,000
Production and workshop costs
-
9,201
9,201
13,303
Rent of rehearsal space and ven
1,028
2,993
4,020
Casting fees:
Depreciation of tangible fixed as
231
-
231
1,390
85,939
62,232
148,171
164,876
**5**
**Net income/(expenditure) for the year**
This is stated after charging:
**2024**
**2023**
**£**
**£**
Depreciation
231
1,390
Operating lease rentals:
Property
3,956
5,439
Independent examiner's fees
1,888
1,075
**6**
**Paid employees**
6.1
**Staff costs**
**2024**
**2023**
**£**
**£**
Salaries and wages
92,044
82,519
Social security costs
1,571
768
Pension costs (defined contribution scheme)
1,670
829
Staff and volunteer expenses, travel, training
6,683
9,656
Freelance staff
16,121
35,209
Recruitment fees
274
1,170
118,364
130,151
No employee has employee benefits in excess of £60,000 (2023 - nil).
**2024**
**2023**
**£**
**£**
Total amount paid to key management
17,344
20,037|7,885
7,885
23,089
744
744
5,259
1,280
1,280
1,000
9,201
9,201
13,303
2,993
4,020
-
231
1,390| |---|---|---| ||85,939|62,232
148,171
164,876| Page 12 **Dark Horse Theatre Notes to the Financial Statements For The Year Ended 31 March 2024** ## **7** |6.2
**Average number of employees**
Average number of employees during the year was:
Charitable activities
Governance
**Defined contribution pension scheme**
Amount of contributions recognised|**2024**
**2023**
**£**
**£**
4
3
1
1| |---|---| ||5
4| ||**2024**
**2023**
**£**
**£**
1,670
829| The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. At the balance sheet date unpaid contributions of £2,600 (2023 £47) were due to the fund. They are included in Other Creditors. **8 Tangible fixed assets** |**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciaton**
At 1 April 2023
Charge for the year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**Debtors and prepayments**
Trade debtors
Bad debt provision
VAT
Theatre tax relief
Prepayments and accrued income|**Computer**
**equipment**
**£**
7,396
-|**Fixtures &**
**fittings**
**Totals**
**£**
**£**
950
8,346
-
-| |---|---|---| ||7,396|950
8,346| ||7,355
41|760
8,115
190
231| ||7,396|950
8,346| ||-|-
-| ||41|190
231| |||**2024**
**2023**
**£**
**£**
9,419
15,080
-
10,290
-
8,974
3,451
11,564
11,564
43,673
29,096| **9** Page 13 ## **Dark Horse Theatre Notes to the Financial Statements For The Year Ended 31 March 2024** |**10**
**Creditors: amounts falling due within one year**
Trade creditors
Pension creditor
Other taxes and social security
Wages owing
Accruals
Deferred income|73,631
48,901| |---|---| ||**2024**
**2023**
**£**
**£**
17,231
4,327
2,600
261
13,078
2,179
446
-
1,050
9,251
16,436
20,304| ||50,842
36,322| Deferred income relates to funds received to fund employment roles within the charity for periods exceeding the financial year. ## **11 Charity funds** |11.1
**Analysis of movements in restricted funds**|11.1
**Analysis of movements in restricted funds**|11.1
**Analysis of movements in restricted funds**||||||| |---|---|---|---|---|---|---|---|---| ||Balance at||||||Balance at|| ||1 April|||||||31 March| ||2023|Income|Expenditure||Transfers|||2024| ||£|£||£||£||£| |F1-Igen Trust funding|23|26,109|-|20,750
||-||5,382| |The Rank Foundation|14,610|14,179|-|17,644
||-||11,145| |Arts Council England|-|28,500|-|22,103
|-|6,397
||0| |Rix Thompson Rothenberg|-|5,000||-|-|5,000
||-| |National Lottery-Ignite|5,990|21,605|-|1,735
|-|25,860
|-|0
| ||20,623|95,393|-|62,232
|-|37,257
||16,527| |11.2
**Analysis of movements in restricted funds (previous reporting period)**||||||||| ||Balance at||||||Balance at|| ||1 April|||||||31 March| ||2022|Income|Expenditure||Transfers|||2023| ||£|£||£||£||£| |F1-Igen Trust funding|2,162|25,602|-|27,741
||-||23| |The Rank Foundation|1,804|17,809|-|5,003
||-||14,610| |Arts Council England|-|58,284|-|42,651
|-|15,633
||-| |Rix Thompson Rothenberg|-|5,000||-|-|5,000
||-| |National Lottery-Ignite|-|5,990||-||-||5,990| ||3,966|112,685|-|75,395
|-|20,633
||20,623| The balances on restricted funds are all unexpended grants for the charity's projects. Page 14 ## **Dark Horse Theatre Notes to the Financial Statements For The Year Ended 31 March 2024** ## 11.3 **Analysis of movements in unrestricted funds** |General fund|Balance at
Balance at
1 April
Prior year
31 March
2023
Income
Expenditure
Transfers
Adjustment
2024
£
£
£
£
£
65,769
54,004
85,279
-
37,257
-
71,752| |---|---| ||65,769
54,004
85,279
-
37,257
-
71,752| The reduction of the balance on unrestricted funds is due to expenditure exceeding income on normal charitable activities. ## 11.4 **Analysis of movements in unrestricted funds (previous reporting period)** |General fund|Balance at
Balance at
1 April
Prior year
31 March
2022
Income
Expenditure
Transfers
Adjustment
2023
£
£
£
£
£
69,272
57,864
93,564
-
20,633
11,564
65,769| |---|---| ||69,272
57,864
93,564
-
20,633
11,564
65,769| ## **12 Transactions with trustees and related parties** ## 12.1 **Trustee remuneration and benefits** No trustees received any remuneration or benefits during the financial year. ## 12.2 **Related parties** There is a close relationship with Lawrence Batley Theatre. Included within these financial statements are administration and room hire (including rehearsal room hire) costs amounting to £8,373 (2023 £8,802) paid to Lawrence Batley Theatre. Included in creditors is £17,231 (2023 £3,727) due to Lawrence Batley Theatre and £2,200 (2023 £2,200) is included in debtors relating to ticket sales collected by Lawrence Batley Theatre on behalf of Dark Horse Theatre. ## **13 Prior year adjustments** ## 13.1 **Prior year adjustments** The figures for the prior year have been adjusted to include the Theatre tax credit due for projects undertaken during the year, which was calculated and repaid after the financial statements had been prepared and finalised. This resulted in net profits and debtors being understated by £11,164, which has been rectified in the current year figures. Page 15 ## **Dark Horse Theatre Detailed Statement of Financial Activities For The Year Ended 31 March 2024** |**INCOME**
**Income and endowments from:**
Charitable activities:
Grants
Actor training and workships
External workshops
Ticket sales
Other income
Donations and legacies
Bank interest
**Total Income**
**EXPENDITURE**
**Expenditure on:**
Other trading activities:
Bad debts
Charitable activities:
Wages
Social security
Pensions
Freelance staff
Travel and accommodation
Publicity
Production and workshop costs
Rent of rehearsal space and venues
Depreciation of tangible fixed assets
Office and support costs
Rent, rates and water
Insurance
Telephone
Postage and stationery
Sundries
Computer and website|**2024**
**2023**
**£**
**£**
95,393
112,685
36,970
36,630
7,458
12,356
4,876
5,328
-
12,516
144,697
179,515
895
1,326
3,805
1,272
149,397
182,113
660
-
4,083
92,044
82,519
1,571
768
1,670
829
16,121
35,209
4,058
8,641
2,761
3,879
11,871
15,173
4,020
3,362
231
1,390
134,347
151,770
3,956
5,439
639
1,674
525
592
10
90
1,197
716
992
647
7,318
9,159| |---|---| This page does not form part of the statutory financial statements Page 16 ## **Dark Horse Theatre Detailed Statement of Financial Activities For The Year Ended 31 March 2024** |**EXPENDITURE continued**
Finance:
Bank charges
Management costs:
Staff training and development
Organisational development
Accountancy fees
**Total expenditure**
**Net income/expenditure**|**2024**
**£**
250
2,625
1,742
1,888
6,256
147,511
1,886|**2023**
**£**
219
1,015
1,638
1,075| |---|---|---| |||3,728| |||168,959| |||13,154| This page does not form part of the statutory financial statements Page 17