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2025-03-31-accounts

Sunderland Theatre Company Registered Charity 1092896

Trustees Annual Report & Receipts & Payments Account 01/04/2024 – 31/03/2025

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Sunderland Theatre Company - Registered Charity 1092896 Trustee’s Report & Receipts & Payments Account For the period 1 April 2024 to 31 March 2025

Reference and administration details

Registration history: 10 July 2002: Standard Charity registration Gift aid: Recognised by HMRC for gift aid Contact Information Registered Address: 4 Cotswold Road, Sunderland, SR5 3LG Rehearsal Address: Deptford & Millfield Community Association, Havelock Towers, 270 Hylton Road, Sunderland, SR4 7XJ Telephone: 07957 460 822 E-mail: stcosecretary@hotmail.com Website: http://www.sunderlandtheatrecompany.co.uk

Independent Examiner: Laura Whittle, Chartered Accountant

Portland House, Belmont Business Park, Durham, DH1 1TW

Structure, Governance & Management

The following officers will be elected at each annual general meeting:

The Charity Trustees as of 31[st] March 2025 are:

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Sunderland Theatre Company - Registered Charity 1092896 Trustee’s Report & Receipts & Payments Account For the period 1 April 2024 to 31 March 2025

Trustees are appointed annually by a vote of members of the company at the Annual General Meeting. The trustees named on page 2, were elected at the last Annual General Meeting on 6[th] September 2024.

Objectives and activities

Sunderland Theatre Company aims to educate the public in the theatrical arts, enhance appreciation and taste in the arts, and support charitable foundations as determined by the Management Committee.

In order to meet the objectives, the Charity through its Management Committee will have the following powers:-

Finance

Achievements and Performance

The Charity recorded a surplus of £16,199 as recorded in the Receipts and Payments account in page 6 of this report.

In the period 1[st] April 2024 and 31[st] March 2025, we estimate that approximately 1,066 local people have benefited from the trading activities of the Charity:

May 2024 - Kinky Boots (710 attendees)

October 2024 - Divas & Icons (194 attendees)

January 2025 - Dick Whittington (162 attendees)

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Sunderland Theatre Company - Registered Charity 1092896 Trustee’s Report & Receipts & Payments Account For the period 1 April 2024 to 31 March 2025

Financial Review

The Charity’s trustees are responsible for the preparation of the accounts and for observing the methods and principles in the applicable Charities SORP.

The Charity’s trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable to ensure that the financial statements comply with the Charities Act 2011 (‘the Act’), the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust Deed. Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Reserves policy

Sunderland Theatre Company have a reserves policy in place should the income of the Charity fall short. The trustees consider an adequate amount for the Charity to hold as a minimum reserve to be that of a sum equivalent to three months running costs, which is estimated at approximately £6,500. The Charity’s reserves as at 31 March 2025 were £26,112.

The trustee’s annual report was approved on 11[th] September 2025 and signed on behalf of the board of trustees by:

Jennifer Elliott-Farrow Trustee & Finance Oficer

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Sunderland Theatre Company - Registered Charity 1092896 Trustee’s Report & Receipts & Payments Account For the period 1 April 2024 to 31 March 2025

Independent Examiner’s Report to the trustees of Sunderland Theatre Company On the accounts for the year ended 31 March 2025

I report to the trustees on my examination of the accounts of Sunderland Theatre Company (“the Charity”) for the year ended 31 March 2025, as set out on pages 6 and 7.

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 Charity’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 giving me cause to believe that in any material respect:

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.

Laura Whittle FCA

Portland House

Belmont Business Park Belmont Durham DH1 1TW

21 January 2026

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Sunderland Theatre Company - Registered Charity 1092896 Trustee’s Report & Receipts & Payments Account For the period 1 April 2024 to 31 March 2025

Receipts and Payments Account

For the period 1 April 2024 to 31 March 2025

Receipts 31 March 2025 31 March 2024
Unrestricted Restricted funds
Funds £ Total Funds Total Funds
£ £ £
Legacies 10,762 - 10,762 -
Shows & awards 20,277 - 20,277 14,483
Members’ subscriptions 5,628 - 5,628 4,511
Other income & donations 5,489 - 5,489 5,283
Interest on deposit account 263 - 263 63
-------- -------- ---------- ----------
Total receipts 42,419 - 42,419 24,340
====== ====== ====== ======
Payments
Show production costs 17,542 - 17,542 13,652
Rent 2,383 - 2,383 2,449
Insurance 480 - 480 829
Other charitable activity costs 2,726 - 2,726 2,951
--------- --------- ---------- ----------
Sub total 23,131 - 23,131 19,881
--------- --------- --------- ---------
Asset purchases (see table)
Production equipment 3,089 - 3,089 953
-------- --------- --------- ---------
Sub total 3,089 - 3,089 953
-------- -------- --------- ---------
Total payments 26,220 - 26,220 20,834
====== ====== ====== ======
Net of receipts / payments 16,199 - 16,199 3,506
Transfers between funds - - -
Cash funds 31 March 2024 9,913 - 9,913
Cash funds 31 March 2025 26,112 - 26,112
Statement of assets and liabilities at 31 March 2025
Cash funds
Unrestricted Restricted funds
Funds Total 2025 Total 2024
£ £ £ £
Cash at bank 25,753 - 25,753 8,578
Petty cash 359 - 359 1,335
-------- -------- ---------- ----------
Total cash funds 26,112 - 26,112 9,913
====== ====== ====== ======

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Sunderland Theatre Company - Registered Charity 1092896 Trustee’s Report & Receipts & Payments Account For the period 1 April 2024 to 31 March 2025

Assets retained for the Charity’s own use

Details Unrestricted
Funds Cost Total 2025
£ £ £
Production equipment 3,089 3,089 3,089
-------- -------- ----------
3,089 3,089 3,089
====== ====== ======

These financial statements were approved by the board of trustees and authorised for issue on 11[th] September 2025, and are signed on behalf of the board by:

Jennifer Elliott-Farrow Trustee & Finance Oficer

Notes to the Receipt and Payments account

Basis of preparation

The annual report and Receipts & Payments accounts are prepared on an Income and Expenditure basis as permitted by the Charity Commission for Charities with income of less than £250,000 and in accordance with the applicable UK Accounting Standards.

Restricted vs Unrestricted Funds

As a Charity we may receive donations from people or organisations that are intended for a specific purpose. In the current financial year, Sunderland Theatre Company does not have any funds that fall into such category. Our funds are currently unrestricted.

Legacy income

The Charity was bequeathed an unrestricted legacy of £10,762 by an ex-member of the Charity.

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