Registered Charity Number 1103308 Regtstered Company Number 05069302 England and Wales Leatherhead Revival Trust Report and Financial Statements 31 March 2024 •AOHXV9GB* 1411212024 COMPANIES HOUSE A21
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Leatherhead Revival Trust Trustees, report The Trustees present their report and financial statements for the year ended 31 March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the MemoTandum and Articles of Association, and 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) (effeclive l January 2019). Objeetives and activities undertaken for the public benefit The objects of the charity are: - To advance the Christian faith generally" - To advance education in general. - To provide and maintain facilities for the benefit of the Community of Leatherhead and the Suounding neighbourhood; - The relief of the poor, the sick and the aged. The ¢harity has the general aim of contributing to the quality of lifr of the people of the lo1 area and beyond by expanding their horizons through the provision of artistic events. The strategies employed to achieve the charity's objectives are: - Making use of th¢ theatre facilities for worship, educational and artistic events: Making the theatrical facilities available for cornmercial, ¢du¢alional and community US¢: Using the theatre to enhance social and cultural inclusion. The trustees ¢onfimi that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit, including the guidance on fee charging. The theatre relies on the income from fees and charges, aod grants. to cover its operating costs. In setting the level of fees, charges and concessions. the trustees giv¢ wnsideration to the accessibility of the theatre for those on low incomes. The tru5t¢¢s have also refeed to the guidance contained in the Charity Conunission's general guidance on public beDefil when reviewing aims and objectives and in planning future aciivities. Achievernents and performanee The truste¢s and chief executive work to ensure that the theatre is both used and made available for events whicb Iril the charitsble objects and enables it to operate in a stsble financial environment. The use of the theatre facilities for worship and oth¢r Christian activities There were various opportunities for the theatre facilities to be used by groups for occasional meetings whicb provide activities such as worship, prayer and teachin& Facilities made available for education The theatre facilities are made avatlable for the provision of education and trdining events. and used by The Theatre Academy which provides training in drama, dance and singing. Local schools were able to make use of the theatre for their own productions tbis year and the Shakespeare Schools Festival took place over two days in November.
Leatherhead Revival Trust Trustees. report Achievements aAd perform8nce (continued) The Theatre as an artistic venue Our pr0MMe this year attracted 28,450 (2023.. 33.875) patrons and varied from dance, jau, musical theatre and opera to comedy and pantomime. Film screenings attractrd 3,668 (2023: 4,081) people and event cinema 1,868 (2023: 1,522) people. The Leatherhead Theatre Repertory Company remains dorn)ant at present. Whilst the trust is still committed to making theatre a vital and affordable part of life in Leatherhead and the surrounding cornmwiity, it has to do so on a financially sustainable basis. Fhnancial review The level of unrestricted income lo the trust was £145,128 (2023: £143,326). Donations and grants accounted for £13,024 (2023: £23,263) of this total. Unrestricted expenditure was £148,991 (2023: 154,952). .Due to the accumulated losses incurred by the theatre company donations of just £1,029 (2023.. £Nil) were received by the trust from that sowce during th¢ course of this year. Reserves policy The trustees beli¢ve that the unrestricted reserves should be sutTicient to meet contrncted liabilities. Free reserves of approximately £50,000 (2023: £50,000) are considered suitsble. At Present the charity has unrestricted free reserves of £11,654 (2023.. £15,496). Trustees Continue to work towards increasing the Current l¢v¢l to align it more closely with the policy. Investhient policy The trustees, havin8 regard to the liquidity requirements of operating the trust and to the r¢s¢rves poli¢y, operate a policy of keeping available funds in an interest bearing deposit account and seek to achieve a rate of interest which matches or exceeds inflation. Due to wider economic circumstances it has not been possible to achieve this aim during the year. Plans for future perlods Trustees continue to seek further ways of putting the theatre to more beneficial use for those who are disadvantsged in society, and to rdise funds to enhance the facilities of the venue and maintain the fabric of th¢ Grade 11 listed building. Rtferenee and administralive details Charity number: 1103308 Company number. 5069302 Registered office: The Theatre, 7 Church Street, Leatherhead, Surrey KT22 8DN The directors of the Charitable company (the charity) are its trustees for the purposes of charity law. The trustees who served from l April 2023 to the date of this repor( unless otheiSe State were as follows: RABull W E Haffield T Bayliss S A Wilson (appointed I l May 2024) R A Plumbridge (appointed 17 Septemlxr 2024) Secretary: W E .Hatfield
Leatherhead Revival Trust Trustees. report Structure, Governance and Management Governing document Leatherhead Revival Trust is a company limited by guarantee governed by its Memorandum and Articles of Association dated l O March 2004. It is registered as a charity with the Charity Commission. The trustees are the members each of whom agrees to contribute such amount as may be required (not exceeding £1 O) in the event of the charity winding up. Appointment of trustees As set out in the Article5 of Association the trustees are appointed by resolution of the trustees passed by td majority of the trustees. The chainnan of the trustees is appointed by the tsleeS. The trust¢es are not subject to r¢tir¢ment by rotation. The tem of the truslee continues until h¢ or she retires or is removed in accordance with the relevant provRsions of the Articles. All trustees are made aware of the intention to appoint new trustees and are invited to nominate new trustees. When considering candidates for a position as trustee the Board has regard to the expertise of the candidate, any specialisi skill$ n¢¢ded. and the likely ability of the candidale to discharge the objects of the trust. Trustee induction and training Trustees are briefed on their l¢gal obligations under Charity and company law, the Charity Commission guidance on public benefit, and infO¢d about the content of the Memorandum and Articles of Association, the board and decision-making processes, the budget and recent financial performance of the charity. Trustees are encouraged to meet key employees and visit the operational location in order to familiarise themselves with operations. and to attend appropriaie external training events where these will facilitate the und¢rtakAng of their Tole. Organisation The board of trustees, which can have an unlimited number of members. administers the charity. The board meets on a regular basis. A chief executive is appointed by the trustees to manage the day-to-day operations of the Charity. To facilitate effective operations, the chief execulive has delegated authority, within temis of delegation approved by the trustees, for operational matters. Related parties None of the trust¢¢s receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager of the charity with a production company, contracted actor, perfornier or exhibitor must be disclosed to the board in the sarne way ag any other contractual relationship with a related party. In th¢ current year no such relaled paty transactions were reported. The majority of the activities of the cbarity are conducted through a wholly owned subsidiary company* namely the Leatherhead Theatre Company Limit¢d. The L¢ath¢rh¢ad Theatre Repertory Company Limited is currently domiant. To ensure full co-ordination and consistency between the trust and ils subsidiary companies the chief executive is managing director of these companies. Risk ManagemeDt The trustees have a risk-management strategy which comprises: An annual review of the principal risks and uncertainties the charity may face. The establishment of systems and procedures to mitigate risk5 identified in the plan. - The implementation of procedures designed to minitnise and manage any potential impact on the charity Should those risks materialise.
Leatherhead Revival Trust Trustees. report Trustees. responsibilities in relatlOD to financial statements The charity trustees (who are also the directors for the purposes of company law) are responsible for preparing a trustees, annual report and financial statem¢nts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare fmancial statements for each year which give a true and fair view of the state of affair5 of the charitsble company and of the incoming resources and application of resources. including the income and expenditure, for that period. In preparing these financial staternents the trustees are required to= select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - stste whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in th¢ financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will Continue in operation. The trustees are responsible for keeping proper accounting records that 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 hence for taking reasonable sieps for the prevention and detection of fraud and other irregularitie5. Diselosure of information to independent examiner Ea¢h person who was a trustee at the tirne this report was approved ¢onfims that: so far as slhe is aware, there is no relevant infonnaiion. being infonnation needed by the independenl examiner in connection with preparing their report, of which the CoMpanS independeni examiner is unaware. and - sthe h&s taken all the steps that slhe ougbt to have taken as a trustee in order to make herthimself awar¢ of any relevant infonnation and to establisb that the company's independent examiner is aware of that inforniation. Small company provlslons This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime, and the recommendations of the Statement of Recommended Practi¢¢ - Accounting and Reporting by Charitie5 preparing their accounts in accordance with the Financial Reporting Sthndard applicable in the UK and Republic of Ir¢land (FRS 102) effective l January 2019. This report was approved by the trustees on 17 September 2024 and signed on their behalf by RABull Trustee Tho Theatre, 7 Church Street Leatherhead, Surrey KT22 8DN
Independent examinerfs report to the trustees of Leatherhead Revival Trust (Registered number: 05069302) Independent exgminer's report to the trustees of Leatherhead Revival Trust ('the Company,) I report lo the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's tThstees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself thal the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 201 l Act,). In carrylng out my examination I have followed the Directions given by the Charity Commission under section 145{5) (b) of the 2011 Act. Coneluslons relating to golng concern The accompanying financial ststements have been prepared assuming that the charity will continue as a going concern. As disclosed in Nole 2.2, it is recognised by ihe Trustees that the future financial perforniance of the charity will inevitably continue to be impacted by (he novel coronavirus {COVID-19) and also by the significant increase in opernting costs caused by a high level of inflation and other factors. The Trustees have curr.ently assessed that the charity should Dot be so affected by these matters that it should not be regarded as a going conrxrn and therefore the financial statements include no adjustment in this respect. However, we draw attention to this on the basis that significant uncertainty remains as lo the eventual exlenl of the disruption that will be Caused by these factors and therefore also the impact on the charity. Independent eximiner'$ statement I have completed my examination. I confwm that no matters have come to rny attention ID CODnection with the examination that give me cause to believ¢: l. accounting records were not kept in Te5pect of the Company as required by section 386 of the 2006 2, th¢ accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement thai the accounts give a true and fair view which is not a matter considered as part of an independent examination. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and Teporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other rnatter5 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. H M Day Bsc (Hons) FCA DChA Xeinadin London Limited Nightingale House 4648 East Street Epsorn, Surrey KT17 IHQ
Leatherhead Revival Trust Statement of financial activities (including income and expenditure account) for the year ended 31 March 2024 Umrestricted Restrieted funds funds 2024 Total 2023 Total Notes Income: Donations and grants 13,024 492 13,516 23,543 ChaTTtable activities: Operation of theatre 117,410 117,410 111,504 Fundraising: Lettings & Concerts 14,628 14.628 8,543 Investments 66 66 16 Total income 145,128 492 145,620 143,606 Expendbture on: Raisin8 funds . Lettings 1,636 1.636 3,391 Charitable activities: Operation of theatre Ministy activities 147,430 2,485 149,915 151.659 Total expenditure 149,066 2.485 15J,551 155,050 Net (expenditure) and oet movement In funds for the year (3,938) (1.993) (5,931) (11,444) Reconciliation of funds: Total funds brought forward Total funds Carried forward 31,884 2,133 140 34,017 45,461 34,017 12 The charitsble companYs incoming resources and resour¢es expended all relate to continuing operations. The charitable company has no recognised gains or losses other than those included above.
Leatherhead Revival Trust (company registration number.. 05069302) Balance sheet as at 31 March 2024 Unreslricted funds Restricted funds 2024 Total 2023 Tolal Notes Fixed assets Tangible assets lovestments 290 172 462 615 292 172 464 617 Current assets Debtors Cash at bank and in hand 50,328 3,758 54.086 50,328 4,299 54,627 51,498 8,291 59,789 541 541 Creditors: amounts falllng due withln one year io 26,432) 573 27.005) 26,389 Net current assets 27,654 (32 27,622 33,400 Total asse1$ le$$ eurrent Ilibillties 27.946 140 28,086 34,017 Net assets 27,946 140 28,086 Funds Restricted funds Unrestricted funds 140 140 27,946 2,133 31,884 34,017 27,946 Total funds 140 The charitable company is entitled to exemption frorn audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies A¢t 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitsble company keeps aoUntIng records Ihat comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the ¢haritsbl¢ company as at the end of each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the Tequirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. Tbese financial statements hav¢ been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicabl¢ io companies subject to th¢ small eompani¢s r¢gime. Approved by the Trustees on 17 September 2024 and signed on their behalf by KABull Trustee
Leatherhead Revival Trust Notes to the financial statements for the year ended 31 March 2024 ststutory information Leatherhead Revival Trust is a charitable company* limited by guarantee, dotniciled in England and Wales, company registration number 05069302 and charity registration number 1103308. The registered office address is Th¢ Theatre, chUh Street, LLatherhead, Surrey KT22 8DN. Aeeounting policies 2.1 Accountlng eonventlon The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Ireland (FRS 102) (¢ffective l January 2019) including update bulletin I, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The charity constitutes a public benefit entity as dered by FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenvise stated in the relevanl accounting policy nole(s). 2.2 Preparation of the financial statements on a going concern basis The trustees recognise that the future financigl perforniance of the charity will inevitably continue to be impacted by the novel coronavirus (covid.19) and also by the significant increase in operating costs caused by a high level of inflation and other factors. In the period since the financial year end date the charity'5 Operations have continued to be impacted by these faclors. However, the trustees have currently assessed that the charity should not be so affected by these matters that it should not be r¢garded as a going concem and therefore the fanCial statements include DO adjustment in this respect. 2J Group accounts The fmancial 5tat¢ments contain inforn)alion about Leatherhead Revival Trust as an individual charitable company and do not contain consolidated fmancial infomiation the parent of the group. The group onstitutes as a small group in accordance with the Statement of Recommended Practice and tberefore the cbarity is ¢x¢rnpt from preparing group a¢Gounts. 2.4 Income Income is recognised when the charity has entitlement to the funds, any performance conditions have been met, it IS Probable that the income will be received and the amount can be measured reltably, and in tILe ase of grants is not deferred.
Leatherhead Revival Trust Notes to the financial statements for the year ended 31 March 2024 Actounting policies (continued) 2.5 Expenditure and irre¢overable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and th¢ amount of the obligation can be measured reliably. Irrecoverable VAT is charged against the category of expenditure for which it was incurred. Costs of generating fijnds are those inturred in attracting voluntary incorne. Governance costs comprise costs which relate to constitutional and statutory requirements. Support costs include central functions and are allocated to Cost categories on a basis consistent with the use of resources, such as all(xating property costs by floor areas, staff costs by time spent and other costs by their usage. 2.6 Voluntary help A certaiD amount of time 15 expended on the charity's activities which is doDated free of charge. It is not possible to quantify the value of the time given, and accordingly it is neither recorded as donated iD¢ome nor as an exp¢nse in the financial Statements. 2.7 Tangible fixed assets and depreciation Tangible fixed assets are stated in the balance sheet at cost less depreciation which is calculated at rates to write off the cost less estimated residual value over their remaining useful lives as follows: Leasehold property Leases Equipment over the temi of the lease on a straight line basis over the term of the lease on 8 straight line basis 25 % per annurn reducing balance basis 2.8 Operatlng leases Rentals payable under operating leases ar¢ ¢harged on a straight line basis over the terni of the lease. 2.9 Debtors Trade and other debtors are recognised at the settlement amount due after any dis¢ount offered. Prepayments are valued at the amouni PTepaid net of any discounts due. 2.10 Creditors and provisions Credltors and provisions are Tecognised where the charity has a present obligation resulting from a past event that will probably resull in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estirnated reliably. Creditors and provisions are nornially recognised at their settlement amount after allowing for any trade discounts due.
Leatherhead Revival Trust Notes to the financial ststements for the year ended 31 March 2024 Ae¢ounllD£ policies (tontlnued) 2.11 Financial instruments The Trust only has financial instnllnents and financial liabilites of a kind that qualify as basic financial instruments. These are initially recognised at transaction value and subsequently measured at their settlement value. 2.12 Fund accounting Unrestricted funds comprise accumulated surpluses and deficits on general fijnds. They are available for use at the discretion of the trustees in fvrtherance of the general charitable objectives. Restricted funds are used in line with donor's instructions. The charity holds funds to finance work on the leasehold property and also for ministry activities. 2..13 Crilieal accounting Judgements and key sources of estimation uncertainty In th¢ application of the charity's accounting policies which are described above, trustees are required to make judgements, estimates and assumptions about the Carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates. The estimates and underlying a5swnptions are reviewed on an onging basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods. The key sources of estimatton uncertainty that have a significant effect on the amounts recogDi$ed in the fjnancial statements are described below.. Depreciation Assels are Itten down over their estimated useful lives. The actual lives of assets may differ from these estimates. The lives of assets are kept und¢r review and adjusted as appropriate. Allocation of costs between activities As a small cbaTity many costs incuTred, including stsff time, cover more than one actlvlty. These Costs are allocated to tivitieS based on the key Cost drivers and b¢st estimates of staff time on each activity. Costs of eharitable aclivlties Unrestricted funds Restricted funds Totsl 2024 Totsl 2023 Operation of theatre Ministy and oversea5 activities 147,430 2,485 149.915 151,659 147430 2,485 149,915 151659 io
Leatherhead Revival Trust Notes to the financial statements for the year ended 31 March 2024 Analysis of governanee and support costs The Trnst allocates its support costs incurred from unrestricted funds as shown below. Support costs are allocated on a basis consistent with the use of resources. Fundraising Governance & Letlings Activitie$ Total 2024 Totsl 2023 Support cost OtTice costs Salaries Independent examination Depreciation ,315 241 8,315 1,925 1,575 8,145 7,700 1,500 577 1.107 1,575 577 2,682 8,560 11,819 17.351 Trading aetivity of $ub$idiaries The charitable company has two wholly ONed subsidiaries, The Leatherhead Theatre Company Limited, company registTation number 4451758, and The Leath¢rh¢ad Theatr¢ Repertory Cornpany Limited, company registration number 7677853 which is currently dormanl. The results for the year to 31 March 2024 have not been included within the charity's financial statements. A summary of the trading results is shown below. 2024 2023 Turnover Cost of sales 625,957 382,673 243,284 (200,309) (47.054) ,151 4,072 631,677 362,062) 269,615 (213,466) (60,215) 7,316 3,250 181 (525) Gross profit Premises costs Administrative expense5 Other operdling income Operating (loss) I profil before interest Interest receivable Interest payable Donation to parent charity (Loss) / profit before taxation Taxation (486) (1.029) 3,405 2,906 (Loss) I profit after taxation Gift Aid donation to parent charity Retained profit 3,405 1,029 10,170 2,906 6,765
Leatherhead Revival Trust Notes to the financial statements for the year ended 31 March 2024 Total resources expended Staff Depreeiation costs Other costs Totsl 2024 Total 2023 Lettings Charitable activities Governance 577 241 1,107 ,925 1.059 146,839 1.575 149,473 1,636 147,233 2,682 151.551 3,391 145,731 5,928 155.050 l53 153 Governance - Other costs comprise independent examination fees of £1,575 (2023: £I,500). Staff costs 2024 2023 Salaries Social security costs 1,925 7,700 925 The salaries paid were all io key management personnel. The average number of persons employed by the Trust during the ye&r was as follows: 2024 Number 2023 Number Trust - administration No employee received remwieration in excess of £60,000 (2023.. None) for the year. No remuneration (2023.. £ Nil) was paid to any of the trustees during the year. During the year no expenses (2023.. £ Nil) were reimbursed to any trustee. Other ¢osts 2024 2023 Premises Miscellaneous 142,230 7,243 149,473 140,181 6,942 147,123 12
Leatherhead Revival Trust Notes to the financial statements for the year ended 31 March 2024 Tangible fixed assets Leasehold property Improvernent$ Equipment Total Cost At l April 2023 Addilions Disposals At 31 March 2024 455,468 61,401 516,869 455,468 61.401 516,869 Depreclation At l April 2023 Disposals Charge for the year At 31 March 2024 455,468 60,786 516,254 153 153 455 468 60,939 516407 Net book values At 31 March 2024 462 462 At 31 March 2023 615 615 Fixed asset investments Cost of charity shares In subsldiaries 2024 2023 At 31 March In the opinion of the trustees, the value of th¢ charity's investment in its subsidiary undertakings, the Leatherhead Theatre Company Limited and the Leatherhead Theatre Repertory Company Limited are not rnaterially less than the amount included in the balance sheet. Debtors 2024 2023 Trade debtors Prepayin¢nts and accrued income 50,328 51,498 Prepayments include £16,000 (2023: £16,000) which was deposited with the landlord as a condition of the lease extension in December 2015. It will be offset against the rent diie for the final quarter of the extended temi, which is due on 29 September 2025. 13
Leatherhead Revival Trust Notes to the financial statements for the year ended 31 March 2024 10 Creditors: amounts falling due within one year 2024 2023 Trade creditors Taxation and social security Accruals and deferred income 24,857 23,771 488 2,130 26,389 2.148 27.005 ll Restricted funds Balance at l April 2023 Jncoming resourtes Resources Balanee at 31 expended March 2024 Facility project Education and outreach 2,127 492 2,485 134 492 140 The facility project was estsblished to provide for the purchase and development of a property which could be used to fulfil the objectives of the Trusi. This fund has been used io finance work on the leasehold property. The education and outreach fund was established to set up an ¢ducation department and a schools and commwiity outreach programme. J2 Analysis of assets between funds Unrestricted funds Restricted funds Total funds Funds balances at 31 March 2024 Tangible fixed assets Investment Net assets 290 172 462 27,654 27,946 (32) 140 27,622 28,086 13 Other financial cornmitments At 31 March 2024 the charity was committed to making the following payments under non-cancellable operating leases.. Land and buildings 2024 2023 Due within l year Due in 1-5 years Due over 5 years 104,000 78,000 104,000 182,000 182,000 286,000 14
Leatherhead Revival Trust Notes to the financial statements for the year ended 31 March 2024 14 Related party transa¢tion$ During the year trustees and key management personnel donated £3,530 (2023: £11,080) to the charity. No benefits12023: £Nil) were received by donors in recognition of their donations. The Trust received £117,410 (2023: £111,504) from its subsidiary company The Leatherhead Theatre Company Limited in respect of rent and service charges during the year. There were no amounts outstanding at the period end (2023: £Nil). 15