HALIFAX THESPIANS COMPANY LIMITED BY GUARANTEE UNAUDITED FINANCIAL STATEMENTS 29 FEBRUARY 2024 Company registration number 05010701 Charity Number 1103913 STREETS SPENSER WILSON CHARTERED ACCOUNTANTS
HALIFAX THESPIANS cottrlPANY LIMITED BY GuARATE FINANCIAL STATEMENTS YEAR EIYDED 29 FEBRUARY 2024 PAGE Trustees, annual report (incoryorating the directofs rep)rt) Independent examinerfs rcport to the tnleeS Statement olfmancial activities (including income and expenditure account) Statement of financial position Notes to the financial statements The followlng pages do not fonn part of tbe financial statements Detailed statement of finallC1 activities 19 Notes to the detailed statement of financial activities 20
HALIFAX THESPIANS COMPANY LIllllTED BY GUARANTEE TRUSTEES, ANNUAL REPORT (tNCORPORATING THE DIRECTOR'S REPORT) YEAR ENDED 29 FEBRUARY 2024 The trustecs. who are also the directors for the purposes of cotnpany law, present their rcport and the unaudited financial statcmcnts of the c])arity for the yrar ended 29 Febrnary 2024. li REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name Ha]ifax ThespiaIL8 Charity registratioll number 1103913 Company registration number 05010701 Principal office and registered The Playhouse Office King Cross Street Halifax West Yorkshire HX12SH The trustees C J Baldock K Royston P Wadsworth PMBryan l Hcnderson C R Jefford-Horn J M O'Rourke E L Hirst J A Kendall A Stockdill AM Neill R N G Billson (Resigned 16 September 2024) (Resigncd 25 September 2023) (Resigned 5 August 2024) (Served from 25 September 2023 to 16 September 2024) (Appointed16 September 2024) (Appointed 16 September 2024) (Appointed 16 September 2024) (Appointed 16 September 2024) (Appointed 16 Septembcr 2024) Mr l Byfield A J Holland G P A Marescaux K O'Neil J A Kendall Company secretary A J Holland Independent examiner E A ShortFCA Streets Spenser Wilson Ltd Charteied Accountant
HALIFAX THESPIANS COMPANY LtNtTED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) ftontintttdj YEAR KNDED 29 FEBRUARY 2024 STRUCTURE, GOVERNANCE AIYD MANAGEMENr GOVERNING DOCUMENT The organisation is a cbaritable compally limRted by guarantee. iDCOTPOrnted on 9 January 2004 and registered as a ¢lwity on 25 May 2004. The Company was established Ullder a Memorandum of Association which established the objects and powers of the charitable cornpally and is gO¢Med undeT the Articles of Associatio In the event of the company beiug wound up menthcrs are required to contribute an amount not exceeding £1. RICRUITMENT AND APPOJNTMENT OF TRUSTEES The directors of the company are also c]wity trustees for the purposes of charity law. The trustees may appoint one or more sub-committecs CODSiStin8 of the or rnore lnteeS to calry out any duty which in the opinion of the trustees wouldbe more convenientlyundertaken by a 5ub-con]mittee. who would then in turn TCPOrt to the trustees. Trustees aTC recruited from within the membership ofthe Halifax Thespians and are Tecruited to address a specific need that the organisation may have at that time. TRUSTEE INDUCTION AYL D TRAINING At the fjrst tnistees meeting after the Annuaj General Meeting, all tnteeS are reminded of their responsibilities and new trustees provided witb a Copy of CC3: Responsibilities of the Charity Trnstees and a copy ofthe company's Memoranthmi and Articles of Association. The trustees discuss and update the compally's future plans and objectiv&s documejjt. RJSK MANACEMEwr The Management Committee has conducted a Teview of the majorrisks to which the charity is exposed. Where appropriate, systems or procedures have been establisbed to mitigate the risks tlie charity faces and additional policies are being put in place where required. Internal risks are minimised by the implemeotation of procedures for authorisation of ajl transactions and projects. Procedures are in place to ensure compliance with health and safety of staff. volunteers and visitors to the theatre. ORGANISATION STRUCTURE Halifax, Thespians h&$ a Management Con]mittee consisting of six 'committee members. plus four officers (presidenL chair, treasurer and secretary) who meet on a montbly b&sis and are responsible for the strategic diTection and policy of the charity.
HALIFAX THESPIANS Co}Ny LtMITED BY GUARAwrEE TRUSTEESI AIYNUAL REPORT (INCORPOII4TING THE DIRECTOR'S REPORT) YEAR ENDED 29 FEBRUARY 2024 OWECTtVES AND ACTtVlTtES Thc cbarity's objectives arc to promote, maintain, improve. and advance educatio particularly by the produLtioll of educdtional plays and through the cncourdgement of the arts, incIudillg the arts of drama, Knijne, dance, singing and music, and to forniulate, prepare and cstablish schemes therefore provided that all objects of the Charity shall be of a charitable naturc. We bave referred to the guidancc contsined in the Charity Comn]issfton's general guidance on public benefjt when reviewing our objectives and in planning our fUte activities. The theatre relies on admission fees and hire charges to cover its opcrdtino costs and when setting the level of fees, hire charg¢s and Concessions, the directors balance carefully the operating costs with accesslbility to the theatre for a broad range of the local community and for local groups wishing to hire the theatre space. The strategies cmployed to further the charity's objectiv&s include: the presentation of a broad range of theatre productions for the enjoyrnent and education of the locaL community. offer opportunities for a wide rang¢ ofpeoplc to become involved in fonns of arts activity. 3. the provision of facilities for anuteur and professional artists and groups to present their own production" and 4. provide a venue for artistic dispIays. ACHIEVEMENTS AND PERFORMANCE Halifax Thespians hav¢ continued norn]al activities during the year. Thc company pres¢nted a varied progrnmme of five productions on the main stage and two in the studio bar. The theatre was hired by a numb¢r of local conununity groups including musical theatre societies. as well as mally professional companies. The Tliespians, main stage productions dwing the accounting period attracted an average audience of 31.40/0, which is verydisappointing. We continue to strive to ensure thal we offer a varied and attractive programme. The income from hiring the theatre was very encouraging. We continue to review our prices regularly to ensur¢ that we offer our audiences excellent value for money. We continue to review our training activities with a view to ensuring tbe future of our company. FINANCtAL REVIEW During the year, the companvs busuiess team (secretary, treasurer and business manager).'has ensured that tbe theatre complies with all necessary licenses and regulations. managed the company's finances, focusing on maintaining our operating costs in a controlled way whilst seeking ways to maintain and grow our income. Thespians, and visitots, productions have been scheduked to accommodate all requirements. The operdting deficit for the year was £8,801 (operating surplus 2023 £16,316) which has been deducted froln reserves. ReseTves at the end of the year were £258,714 {2023 - £267,515) which ar¢ used to finance additional proje£ts, trading in the ensuing and as backup reserve.
HALIFAX THESPIANS COMPAI¥Y LIWTED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATJNG THE DIRECTOR'S REPORT) (coniinuedj YEAR ElED 29 FEBRUARY 2024 Investment policy Aside from retaining a prn(knt amount in reserves each year most of the Cbaritys funds are to be spent ill the short tern] so there are few funds for long terni investment. Having considered the options available, the Management Committee has decided to investthe Snll amount that is available ill a short tenn notice interest bearing account. Reserves policy The Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation and have establisbed a policy whereby tbc unrestricted funds not Committed or investsd in tangible fixed assets held by the charity should be between 6 and 9 months of expenditure, in view of current economic difficulties and attendance not achieving pre Covid-19 levels, which amounts to approximately £60,000. Unrestricted funds are £254,629 including a designated fijnd of £43,223 and fixed assets of £142.446, therefore the present level of free r&serves available to the charity is £68.960 (2023 - £102,435). Whilst this is higher than cutrent policy. reserves have declined in recent years and it is the intention of trustees to increase the reserves and look to the long terni future of the tbeatre both from a performance and building utilisation perspective. It is hoped that the trustees will be able to build on the reserves to enable the modification and change programme to the premises and fdcilities both at thc Playhouse and Carlton Rooms. Principal funding sources The principal fijnding sources for the charity are from the promotion of the art througb the theatre. PLANS FORFirruRE PERIODS The company aims to continue its current activities to consolidate and build on previous successes and to explore ways in which our premises might be developed to further benefit our member8 and the community. The trustees, annual report was approved on 16 September 2024 and signed on behalf of the board of trustees by: Pry6 I ItEP]DERSON Trustee
HALIFAX THESPIANS COlPANy LIMITED BY GUARANTEE INDEPENDEiYf EXAllllNER'S REPORT TO THE TRUSTEES OF HALIFAX THESPIANS (oiniin4ed) YEAR ENDED 29 FEBRUARY 2024 I report to the trustees on my exatnination of thc financial statemcnts of Halifax Thespians ('the charÈty) for the year end¢d 29 Febtuary 2024. RESPOISSIBILITIES AND BASIS OF REPORT As the trustees of the company (and also its directors for the purposes of company law) you are i'esponsible for the preparation of thc fmancial stalemcnts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Havillg satisfied myself that the accounts of the company are Dot required to be audited under P1 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as Caled out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my cxamination I have followed the Directions given by the Charity Coinmission under section 145(5)(b) of the 2011 ACL INDEPENDEP4T EXAMINER'S STATEMENT I have completed my examiiiation. I confirni that llo matt¢TS havc c4)me to my attention in connection with the examination giving me cause to belicve: accounting records iver¢ not kept in respect of the Charity as required by section 386 of the 2006 Act; or the financial statements do not accord with those records" or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement tbat the accounts give a 'true aDd fair, view which 18 not a matter considered as part of au independent examination" or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended PTartice for accountillg aDd reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the exaTnination to which attention sliould be dTawn in tbis report in order to enable a proper understanding of the accounts to be reached. E A SHORT FCA Indepcndent.Examiner Equitable Housc 55 Pellon lane Halifax HXI 5SP
HALIFAX THESPIANS COIIIPANY LtMITED BY GUARANTEE STATEMENT OF FINAI%CIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR EM)ED 29 FEBRUARY 2024 2024 Unrestricted Restricted fimds fiulds Total funds Total funds 2023 Note Income and endowments Douatiojjs and legacies Clwitable activities Other trading activities Investment income 31,810 91.391 216 1.115 145 31,955 91J91 216 1.115 3.416 124,476 301 Tot income 124,532 145 124,677 128,743 Expenditure Expenditu on raising funds: Costs of raising donations and legacies Expenditure on charitable activities 10,11 Total expenditure 220 133,258 133.478 220 133.258 460 111,967 112,427 133,478 Net (expendlture)IiDMe (8.946) 145 (8,801) 16.316 Transfers beiween funds 2J27 (2327) Net movement in funds (6,619) (2.182) (&801) 16,316 Recollciliation of funds Total fLmds brought forward Total funds carried forward 261.248 6,267 267515 251,199 267,515 254.629 4.085 258,714 The statement of financial activities includes all gains and losses recognised in the year. All incomc and exIditure derive from continuÉng activities. The notes on pages 8 to 17 forni part of these financial ststements.
HALIFAX THESPtANS COMPANY LIMtTED BY GUARANTEE STATEMENT OF FINANCIAL POSITION (contiKued) 29 FEBRUARY 2024 2024 2023 Note FIXED ASSETS Tangible fued assets 17 142,446 117,917 CURRENT ASSETS Stocks Debtors Cash at bank and An hand 2,771 17,762 131.148 . 3,966 11,136 147,630 18 151.681 162,732 CREDITORS: amounts falling due within one year NET CURREIYT ASSETS 19 35,413 13,134 116,268 149,598 TOTAL ASSETS LESS CURRENT LIABILtEs 258,714 258,714 267,515 NET ASSETS 267,515 FUNDS OF THE CHARrrY Restricted funiLs Unre5trict¢d funds 6.412 252,302 6,267 261,248 267,515 Total charity funds 20 258,714 For ibe year ending 29 February 2024 the charity Vds entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, respoiisibilities: The rnembers have not required the company to obtain an audit of its financial statements for the year in quesÉion in accordance with section 476. The director3 acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, Tegime. These financial staten]ents were approved by the board of trnstees and authorised for issue 011 16 Septen]ber 2024, and are siglled on bebalf of the board by: I HEND Trustee RSON The notes on pages 8 to 17 form part of these financial statements.
HALIFAX THESPIANS COMPANY LITrUTED BY GUARANTEE NOTES TO THE FINANCIAL STATE1Ts { ronlinwed) YEAR EM)ED 29 FEBRUARY 2024 GENERAL INFORMATION The charity is a public benefit ¢utity and a private company limited by guaraDtee. registered in England and Wales and a registered charity ID England and Wales. The address of the registered office is The Playhouse. King Cross StreeL Halifax. West Yorkshiff, HXI 2S STATEME[ OF COMPLIAISCE These f1claI statements hav¢ been pTq)ared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, tbc Statement of Rccommended Practice applicable to clwities prepaTing their accounts iry accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢Eand (FRS 102) (Charities SORP (FRS 102)) and the Compani¢s Ath 2006. ACCOUNTING POLICIES Basi5 of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and jiabilities and investment properties measured at fair value through income or expendilure. The financial statements are prepared in sterling. which is the fi]nctional cUencY of the entity. Going concern There are no material uncertainties about thc clwitys ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires managelncnt to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of thture events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or &qsumptions that have a significant impact on th¢ fjnancial statements. Fund accounting Unrtstricted funds are available foruse at the discretion of the trustees to fither any ofthe charity's purposes. Designated funds are unrestricted funds earniarked by the trustees for particular future project or committnent. Restricted funds are subjected to restrictions on their expenditure decRarcd.by the donor or thmugh the tern of an appeaL and fall into one of two sub-classes: restsicted income.fuods or,endowment funds.
HALIFAX THESPIANS COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENfs ( YEAR ENDED 29 FEBRUARY 2024 ACCOUNTING POLICIES { Incoming resources All income is included in the statemcnt of financial activities wben entitlement has passed to the barity, it is probable thal the ecollomic benefits associated with thc transaction will flow to the charity and the atnount can be reliably measured. The following specific policies are applied to particular categories of income-. income from donations or grants is recognised when ther¢ is cvidencc of entitlement to tbe gift, receipt is probable and its amount can be tlleasured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case ihe Tr"alue is derived from the cost to the donor orthe estimated resale value. Donated facilities and scrvices are recognised in the accounts when rec¢ived if tbe value can be reliably measured. No amounts are included for the contribution of general volunteers. Resources expended Expenditure is recognised on an accrnals basis as a liability is incurred. Expenditure includes any VATwhich cannot be fijlly recovered, and is classified undcrheadings of the statement of financial activities to which it relates= expenditure on raising fimds includes the costs of all ndraISing activities, events, non- charilable trading activities. and the sa]e of donated goods. expendituro on charitable activities includes all costs incurted by a charity in undertaking activities that furtlicr its charitable aims for tbe benefit of its bcneficiaries, including tlios¢ support costs and costs relating to the governance of the charity apportioned to charitable activitics. other expenditure includes all expenditure that is neither related to raising fimds for the charity nor part of its cxpcnditt]re on charitable activities. All costs are ajlocated to expenditure categoTies reflecting the use of the resource. Dircct costs attributable to a single activÈty are allocated directly to that activity. Shared costs are apportioned between the activities they contrtbute to on a reasonablc. justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tsngible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accurnulated impaimient losses.
HALIFAX THESPLINS COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS ( YEAR ENDED 29 FEBRUARY 21124 ACCOUNTING POLICIES Depreciation Depreciation is calculated so &8 to write off the cost or valuation of an asset, Iess its sIdUal value, over the useful econon]ic life of tbat asset as follows." Freehold propety Fixtures & fittings Equiprnent Bar & kitchen 2 % straigbt line 10 /0 reducing balancc Variable rates IOQ/o reducing balance Impairnient of fixed assets A review for indicators of impairn]ent is caJried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the caTrying value exceeds the recoverabl¢ amounL the a&set is impaired accordingly. Prior impairn]ents are also reviewed for possible reversal at each reporting date. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringin8 the stock to its present location and condition. Financial instruments The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at aTnortised cost using the effective interest method. LIMITED BY GUARANTEE Halifax Thespians is a company limitedby guarantee and accordingly does not bave a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £ I to the assets of the cbaritsble company in the event of its being wound up while he or she is a mernber, or wftthin one year after he or she ceases to be a member. 10
HALIFAX THESPIANS COMPANY LtMITED BY GUARANTEE NoTs TO THE FINANCIAL STATEMENTS Icontin4ed) YEAR ENDED 29 FEBRUARY 2024 DONATIONS AND LEGACIES Unrestricted RestTiCted Total Funds Funds Funds 2024 Sundry small donations Legacies Members subscriptions 816 28,681 2,313 145 961 28,681 2,313 31,955 31,810 145 Unrestricted Funds Restricted Totsl Funds Funds 2023 Sundry small donations Legacies MembeiE subscriptions 1,128 1,128 2.288 2,288 2,288 1,128 3,416 CHARITABLE ACTIVITtES Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bar takings Box office takings Programme sales Front of house sales Hire of Carlton car park Hire of Playhouse Miscellaneous income 26.134 31.401 269 6.858 3,336 23.115 278 26.134 31,401 269 6,858 3,336 23,115 278 32,621 35,136 116 32.621 35,136 7,432 3,038 44,699 1,434 3,038 44,699 1,434 124,476 91,391 91J91 124,476 OTHER TRADKNG ACTivrrIES Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 100 Club 216 216 550 550 INVESTMENT INCOII Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 1,115 1,115 301
HALAx THEsPs COMPANY LIMITED BY GUAIIANTEE NOTES TO THE FIIYANCIAL STATEMENTS c YEAR ENDED 29 FEBRUARY 2024 COSTS OF RAISING DONATIONS AND LEGACIES Unrestricted Total Funds Unreslricted Total Funds Funds 2024 Funds 2023 Cost of funikraising events 220 220 460 460 10. EXPENDITURE ON CHARITABLE ACTIvfriES BY FUND TYPE Unrestricted Restricted Total Funds Funds Funds 2024 Cost of pioductions Bar cost of sales Front of house cost of sales Cost of hire of playhouse Support costs 27,592 18.148 3,327 10,932 73.259 27,592 18.148 3,327 10932 133.258 133,258 Unrestricted Funds Restsicted Total Funds Funds 2023 Cost of productions Bar cost of sales Front of house cost of sales Cost of hire of playhouse Support costs 24,974 17,740 4,162 5,237 58,437 110,550 24.974 17,740 4,162 5,237 59,854 111,967 1,417 1.417 11. EXPETADrruRE ON CHAIiJTABLE AcfiviTIES BY ACTIVITY TYPE Activities undertaken directly Support costs Totsl funds 2024 Total fund 2023 Cost of productions Bar cost of sales Front of house Cost of sales Cost of hire of playhouse Governance costs 27,592 18,148 3,327 10,932 70,509 98,101 18,148 3J27 10,932 82,268 17,740 4,162 5,237 2,560 111,967 2,750 73,259 59.999 133258 12
HALIFAX THESPLINS COMPANY LIMITED BY GUARANTEE NOTES TO THE FtNANCtAL STATEMENTS CcoAlinu YEAR ENDED 29 FEBRUARY 2024 12. ANALYSIS OF SUPPORT COSTS Total 2024 Tota12023 Staff costs PIemises Communications and IT Finance costs Miscellaneous expenscs Kepairs dnd maintenance Insurance Other oifice costs Accoiiiitancy fees Depreciation Travelling Professional fees 9.294 11.844 4,977 118 62 21,063 7,119 4,079 2,750 11,825 128 6,498 14,035 4,708 Il6 9,397 7,099 7,134 2,455 7,894 413 105 73259 59.854 13. NET (EXPENDITURE)IINCOME Net (expcnditure)lincome is stated after chargingl(creditiDg): 2024 2023 Depreciation of tangible fixed assets Jl,825 7,894 14. INDEPENDENT EXAMINATTON FEES 2024 2023 Fees payable to the independent examiner for. Independent examination of the financial statements 2,750 2,455 13
HALIFAX THESPIANS COMPANY LIMITED BY GUARAIWTEE IYOTES TO THE FINANCIAL STATEMENTS Ccontirymed) YEAR KNDED 29 FEBRUARY 2024 15. STAFF COSTS The total staff costs and employee benefits for the reportiDg period are analysed as follows: 2024 2023 Wages and salaries 13J02 11,180 The averdge head count of employees durlng the year was 2 (2023: 2). The average number of full- time equivalent cmployees during the year is analysed as follows: 2024 No. 2023 Maintenance Box office No employee received employee benefits of more than £60.000 during the year (2023: Nil). 16. TRUSTEE REMUNERATION AND EXPENSES No Temuncration or other benefits from employmentwiththe charity were received by the ts. No Reimbursetnents for ttee expenses were made during in the year (2023 - £nil). At the year end there was a sum of £1,000 included in "Other creditors" that is due to a fornier trustee for expenses incurred in 2018. 17. TANGIBLE FIXED ASSETS FTeehold Fixttwes property & fillings Equipment Bar& kit£hen Total Cost At l Match 2023 Additions 125,900 19,507 235 150,172 15,540 14,606 20,579 310,185 36,354 At 29 February 2024 Depreciation At l March 2023 Charge for the year At 29 February 2024 Carrying amount At 29 Febrllary 2024 At 28 February 2023 125,900 19,742 165.712 35,185 346,539 45,324 2,518 8,194 1,255 126.975 6,397 11,775 1,655 13.430 192,268 11,825 47,842 9.449 133,372 204,093 78,058 80,576 10,293 11.313 32,340 21,755 142,446 23,197 2,831 117,917 14
HALIFAX THESPIANS COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEIIR ENDED 29 FEBRUARY 2024 18. DEBTORS 2024 2023 Trade debtors Prepaytllents and accrued income Other debtors 1,039 14,316 2.407 11,059 77 17,762 19. CREDITORS: amounts falling due Ivithin one vear 2024 2023 Accruals and deferred income Other credito 34,413 1,000 35,413 11,675 1,459 13,134 20. ANALYSIS OF CHARITABLE FUNDS Unreytricted funds l Mar 2023 Income Expenditure Transfets 29 Fcb 2024 GeDcral fidS Premises enhancement and expansion New Lighting Fund Launch into Future Theatre 220,352 124.532 (133.478) 211.,406 19,013 20,000 19,013 20,000 1,883 261,248 2,327 2,327 4,210 124.532 (l33.478) 254,629 l Mar 2022 Income Expenditure Transfers 28 Feb 2023 General fimds Premises enhancement ard expansion New Lighting Fund LauJ]ch into Future Theatre 203.747 127.615 (I I 1,010) 220.352 19,013 20.000 19,013 20,000 1,883 1.883 244,643 127.615 (I 11,010) 261,248 15
HALIFAX THESPIANS COMPANY LIMfTED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS I YEAR EM)ED 29 FEBRUARY 2024 20. ANALYSIS OF CHARITABLE FUNDS (contsBMalJ The Premises enhanccmcnt and expansion designated fund relates to monies set asÈde by tbe trustees to carry out extenthl improvement to the theatre gardens and building. The Lighting designated fund rclates to tDoney set aside by the trustees to improve tbe theatre lÈghting systems. LIFT (Launcb into Future Theatre) is to fid projects to promote and n]odcmise the theatre. Restricted funds l Mar 2023 Income Expendire TTansfers 29 Feb 2024 Playhouse stage trainino young people's 0Up Bar lighting Launch into Future Theatre Roof repairs 1.133 I,621 ,133 1.621 2.327 1.186 (2,32D 145 lJ31 4,085 6267 145 (2,327) l Mar 2022 Income Expenditure Transfers 28 Feb 2023 Playhouse slage training yowig people's group Bar lighting Launch into Future Theatr¢ Roof repairs 1.133 1,996 1,133 1,621 (375) 2,327 1,186 6,267 1,100 1.128 (1,042) (1,417) 6,556 1,128 Playhouse stage training young people's group- to provide training to people within the theatre. Bar lighting fund- towards the cost of providing bar lighting. The fund raising pmgramme, LIFT {Launch into Future Theatre) is continuing, how¢ver the funds are not for a specific purposes and are designated by the trustees therefore transferred to the designated fund. The roof fimd is for a major repair wbich the ITUStees anticipate wiu be required sometime in the ture. 16
HALIFAX THESPIANS COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS Cwrf YEAR EM)ED 29 FEBRUARY 2024 21. ANALYSIS OF IYET ASSETS BETWEEN FULYDS Unrestrictcd Restricted Total Funds Funds Funds 2024 Tangible fixed assets Current assets Creditors less than l year Net assets 142,446 147,596 (35,413) 252,302 142,446 151,681 (35,413) 258,714 4,085 4.085 Unrestricted Fuiids Restricted Total Funds Funds 2023 Tangible f¢d assets Current assets Creditors Icss than l year Net assets 117,917 156,465 {13,134) 261,248 117,917 162,732 (13,134) 267,515 6,267 6,267 17
HALIFAX THESPIANS COMPANY LIMITED BY GUARANTEE MANAGEMENT INFORMATION YEAR ENDED 29 FEBRUARY 2024 The following pages do not forni part of the financial statements. 18
HALIFAX THESPIANS COMPANY LIMITED BY GUARANTEE DETAILED STATEMENT OF FINIINCIAL ACTIVITIES YEAR ENDED 29 FEBRUARY 2024 2024 2023 Income and endowments Donations and legacies Sundry small donations Legacies Members subscriptions 961 28,681 2J13 ,128 2,288 31.955 3,416 Charitable activities Bar takings Box office tskings Programme sales Front of house sales Hire of Carlton car park Hire of Playhouse Miscellaneous illcomc 26.134 31,401 269 6,858 3,336 23.115 278 32,621 35,136 116 7,432 3,038 44,699 1,434 124,476 91 J91 Other trading activities IDO Club 216 550 Investment income Bank interest receivable 1,115 301 Total income 124,677 128,743 19-
HALIFAX THESPIANS COMPANY LIMED BY GUARANTEE NOTES TO THE DETAILED STATEMENT OF F]NANCtAL AIVITIEs Iconlinued) YEAR ENDED 29 FEBRUARY 2024 2024 2023 Expendfiture Costs of raising donations and legacies Club 100 payouts 220 460 Expenditure on tharitsble activities Bar purchases Front of house cost of sales Costs of hiring playhouse Wages and salaries Rates and water Light and heat Repairs and Maintenance Bar eXPCDses Insurance Premises exp¢nses Traveling expenses Legal and professional fees Telephone Printing and stationery Depreciation Stage expenses Bank charges Programmes and scripts Costume expenses Royalties Sunthy expenses Advertising Box office services 15,812 3J27 10,932 13J02 1,234 10,610 21,063 2J36 7,119 4,079 128 2,750 2,835 2,142 11,825 2,447 586 2,091 414 6.769 62 7,118 4,277 133,258 17,147 4,162 5,237 11,180 1,846 12,189 9,396 594 7,099 7,134 413 2.560 1,971 2,737 7,894 358 894 139 7,238 116 4,697 3,322 111,967 Total expenditure 133.478 112,427 Net (expendRture)fincome (8,801) 16,316