Company registration number 05541255
Charity registration number 1121007
UK Storyhouse Limited
Trustees, Report and Consolidated
Financial Statements
For the Year Ended 31 March 2025
J i ()l!'{lJ()lJ J=
CHAMPION ACCOUNTANTS LLP
Statutory Auditors
2nd Floor
Refuge House
33-37 Watergate Row
CHESTER
CH12LE

UK Storyhouse Limited
Contents of the Consolidated Financial Ststements
For the Year Ended 31 March 2025
Contents
Page
Trustees Reference and Adminislrative Details
Report of Ihe Trustees (including Directors, Report)
Ind8pendenl Auditor's Report
9-11
Consolidated Statem8nl of Financial Activities {induding Income and Expenditure Account)
12
Consolidaled and Charity Balan￿ Sheet
13
Consolidaled Cash Flow Stat8ment
14
Notes lo Ihe Consolidaled Financial Statements
15-27

UK Storyhouse Limited
Trustees Reference and Administrative Details
For the Year Ended 31 March 2025
The Trustees, who are also the Directors for the purposes of company law, present their report and the consolidated
financial statements of the Chartty and its subsidiaries for the year ended 31 March 2025, which are also prepared to
meet the requirements for a Directors, report and accounts for Companies Act purposes.
The Trustees have adopted the provisions of the Statement of Recommended practi￿ {SORP) °Accounting and
Reporting by Charities. {FRS 102) in preparing the annual report and financial statements of the charity.
Registered Charity Name
UK Storyhouse Limited
Charity Registration Number:
1121007
Company Registratlon Number:
05541255
Trustees
(ln the period and atthe date of approval):
D Watson (Chair)
M Perny (Vice Chair) (appointed VC 2111112023)
N M Adamu (resigned 20112124)
E Boekesteijn (resigned 5112124)
L A Burnett
M L Dalton
W A Fergus (resigned 1018125)
J W Grout
S M Jones
V Venugopal
K Lowe
R D Watts
A Tonkin (resigned 2011r25)
R E Guest
Principal and Registered Office:
Storyhouse
Hunter Street
Chester
Cheshire
CH12AR
The Charity's professional advisors a￿ as follows:
Auditors:
Champion A¢¢ountants LLP
2nd Floor Refvge House
33-37 Watergate Row
Chester
CH12LE
Bankers:
Lloyds Bank plc
8 Foregate Street
Chester
CH1 1XP
Natwest Bank plc
33 Eastgate Street
Chester
CH11LG

UK Storyhouse Limited
Report of the Trustees (including Directors, Report)
For the Year Ended 31 March 2025
The Trustees present their annual report together with the audited financial ststements of the Group and Charity for 1
April 2024 - 31 March 2025. The annual report serves the purposes of both a Truslees, report and a directors, report
under Gompany law. The Trustees confim) that the annual report and financial statements of the charitable company
comply with the current slalutory requirements, Ihe requirements of the charitable company's governing document and
the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102} {effective 1
January 2019).
Structure Governance and Mana
ement
Governlng Document
The Charity is a company limited by guarantee whose constitution is set out in a deed of trust, as defined by the
Companies Act 2006.
Board of Truste&s
The Board al 31 March 2025 is made up of 11 non*xecutive unpaid Trustees, chaired by David Walson. Board m8mbership
includes t￿0 dedicated position5 for Trustees under the age of 25. one of which was vacant from Dec 2024.
The Board of Truste&s are responsible for ensuring Storyhouse's mission and aims a￿ achieved.11 is responsible for forward
strategy and direction. approving the annual business plan and budget, and monitoring perfonnance and delivery, sUPPOrting
the Chief Executive and her team. Board Trustees have a diverse range of skills. experience and backgrounds, bringing a
range of perspects.ves to discussions and strategic d8asions.
Recruitment and appointment of new Trustees
New appointments to the Board are advertised and ratified by the full Board. This process is led by a Nominations
Committee. New Trustees have a full induclion process and take part in the year-round trustee training programme.
Trustees are appointed on a fixed term basis and are subject to a maximum six-year lerm.
Declslon Making
The Board retains full control and approves all major strategic decisions and has ultimate responsibility for the company,
conduct and financial stability, Leadership and management of the Charity is delegated to the Chief Executive.
The Chief Executive has support from five Directors (Creative. Development, Marketing, Finance and Operalions)
together comprising the organisation's Senior Leadership Team.
The Board meets four times a year and is supported by a number ofcommittees and advisory groups, which include..
Committees..
Finan￿ & Resou￿5
Risk
Access & Inclusion
Remuneration
Nominations
Artistic Impact & Evaluation
Developmenl
This strLtclure provides the Board with the assurance that detailed allention and scrutiny are being afforded to important
strategic issues.
Each oflhe committees and advisory groups are governed by terms ofreferen￿. which sel out key decisions which must
be approved by the Board and those delegated lo the standing committees.
The governan￿ structure and the terms of reference of committees are reviewed annually to ensure compliance with
the Charity's goveming document and to make sure they remain fit for purpose.

UK Storyhouse Limited
Report of the Trustees (including Directors. Report)
For the Year Ended 31 March 2025
The affairs of the company are subject to exlernal scrutiny by Arts Council England. who are entitled to attend Board
meetings as observers. The company has a substsntial contracl for seNices with Cheshire Wesl & Chesler Council. who
undertake an annual review and are also invited to attend Board meetings as observers.
Storyhouse runs two wholly owned commerual trading subsidiaries, Storyhouse Production Company Limited and
Storyhouse Catering Company Limited.
Ob-ectives and Activities
The objects of the Charity are to promote the presentation and development of the performing arts in Chester and the
surrounding area.
In setting objectives and planning for activities. the Trustees have given due consideration to general guidance published
by the Charity Commission relating to public benefft. including the guidance 'Public benefit.. running a charity (PB2)'.
Storyhouse is an independent arts ￿ntre and ¢￿alIve hub. Every pound we make goes back into Storyhouse, to keep
our space free and open, and Ghange lives in our communities.
Our home incorporates Iwo theat￿$, a cinema. a library and a restaurant.
During 2024125, the business plan was developed from a one year to a four year plan, covering the period up to March
2028.
It has provided renewed focus for the organisation at a time of leadership change and financial challenge, communicating
our ambition and setting out a clear timescale for returning to a posttive trading position.
It set out the following..
Vision: Here, culture is owned by everyone.
Mission: We work every day to be a creative home for our communities.
Values..
Listen closely- true empathy takes efft)rt. So we work hard to understand different points of view.
Look around - opportunities can be spotted by anyone. anywhere, at anytime. So we always have our eyes, ears
and minds wide open.
Speak up- not everyone's stories have been told. So we use our voices to amplfy those that haven't been heard.
Stand up - debate and discussion make things better for us all. So we don't shy away from a challenge.
Reach out - diverse perspectives solve the hardest problems and make the best decisions. So we seek them out,
and invite them in.
Strategic objectives:
Create outstanding artistic opportunities
Tell everyone Storyhouse is a charity
Showwhy we're vital
Make people feel welcome here
Unlock the full Storyhouse offer
The Business Plan is used by the Leadership Team to infom and steer progress against our mission and objectives. The
Board of Trustees monitors delivery of the Business Plan at its quartedy meetings.

UK Storyhouse Limited
Report of the Trustees (including Directors. Report)
For the Year Ended 31 March 2025
Achievements and Performance
Last year we welcomed more than 912,000 people through our doors. Storyhouse conlinues to play an essential role as
a free, warm, open space in the heart ofthe city- We know from feedbackthat customers from many different communities
communities of place, interest, identity, need and action - feel safe here.
From that position. we are able to build meaningful engagement with a range of creative and cultural activities, including
with communities that have traditionally been under-served by the cultural sector. Our engagement continues to grow,
with a 140kn increase in attendances at participatory activities in 2024125 compared to the previous year.
187,913 tickets sold for performances, films and activities
69,560 attendances at participatory activities. including 52,284 for young people's activities
67 % of our engagement activities were free to access
2,202 hours of community-led aGtivily
161 ,253 books borrowed
Highlights from 2024125
Our in-house productions. Storyhouse Originals, included a major production of Kinky Boots; a version of The Tempest
which toured to schools before returning lo Storyhouse., and our Christmas show, Slogping Beauty. We also made three
new shows for the GrosvenoT Park Open Air Theatre: The Importance of Boing Eamest, Gangs of New York and, and
for younger audiences, The Wizard of Oz, which attracted more than 21.000 people. For the first time, we partnered with
Scenario Two to ¢o-produce The Parent Agency, a new family musical written by David Baddiel, whi¢h premi8r8d at
Storyhouse.
We continued lo complement these productions with a wide range of touring work. across both the main theatre and
Garret studio. This included theatre. musicals. music. dance and comedy as well as an extensive programme of work for
families, with more than 77.000 tickets sold.
Our support for Fallen Angels Dance Theatre as an Associate Company saw the Continuation of the work with people in
recovery from addiction.
Throughout the year we work with our communilies to Coacurate a series of festivals. working with steering groups of
people with lived experience of the issues explored. to create events ranging from days to two weeks in length. Our
2024125 festivals included Storyhouse Queer for LGBTQIA+ communities, Sloryhouse Women, Kaleidoscope Festival
celebrating and platforming the creative talents of the learning-disabled community, Sloryhouse Childless and
storyhouse Elders. These festivals engaged nearly 4,000 people as participants, audience members, speakers and
artists. We also run Chester Literature Festival, which featured authors including George the Poet, Simon Reeve and
Lucy Worsley, and Wayword, designed to inspire a love of stories and reading in children aged 3-11.
In addition to our co-curaled festivals, Storyhouse also supports local communilies to stage their own events and
aclivilies. In 2024125 52 comrnunity groups accessed free space at Sloryhouse, amounting to more than 2,200 hours of
activity, ranging from domestic abuse support services. bereavement support, chatter and natter, LGBTQ+ reading
group5, board game groups and much more.
Our film programme Continued to offer a wider range of worfd cinema. Brilish independent film. documentary. classics,
new releases, family features. ouldoor screenings. curated seasons and festsvals. alongside some live broadcast
screenings, attracting aUdIen￿S of more than 32.000.
Young Storyhouse encompasses our many programmes for young people. which delivered more Ihan 780 sessions
across the year with attendance of 9,800+ In 2024125 these included-
Youth Theatre {8 different groups, splil up by age) for young people aged 5-17
Storyhouse Young Company (SYC) for young peop5e aged 18-25 interested in a career in performing
Young Leaders for young people who are refeired to us by partner organisations to join a sustained creative
work experiènce programme
The Agency, a creative entrepreneurship programme for young people aged 15-25 from Lache to develop
projects for their community
Young Programmers, offering cinema and feslival take-over opportunities for aspiring producers and
programmers aged 14-25
Young Readers. for graduates of Ihe Young Leaders programme to discuss books and themes

UK Storyhouse Limited
Report of the Trustees (including Directors, Report)
For the Year Ended 31 March 2025
Holiday Activty Fund (HAF) winter. spring and summer clubs for children in re￿Ipt of free school meals, often
including a vistt to a Storyhouse Original production
Work Experience Week, for 16 young people in years 10-13 to gain a tsste of working at Storyhouse
Our library continued to attract international recogntlion. due to its integration with the rest of the building alongside the
longest opening hours of any UK public library. Activities included twice-weekly Rhymetime sessions for early years,
which saw more than 11,000 attendan￿s, storytelling. craft and digttsl support sessions.
Financial Position
For the financial year ended 31 March 2025, Storyhouse reported a surplus of £64k. This compares to a deficit of £393k
In March 2024, showing a positive step forward as we move past a break even position, enabling us to start rebuilding
our reserves.
The budget for the year ended 31 March 2025 was a deficit of £265K. The tumaround from deficit to surplus was mainly
due to favourable performance against tsrget for box office income, particularfy for touring shows and cost control across
the board.
Raising Funds
Totsl income for March 2025 was £7.555m, an increase of £454k compared to the prior year (£7.101 m in March 2024).
Further detsil is provided in notes >7 of the ac￿unts.
There were increases in most areas offvndraising- Membership and private giving at £318k {£234k in 2024),. Sponsorship
income al £95k {£80k in 2024); and Twsts and Foundations at £234k (£194k in 2024). Project Funding was lower at £67k
(£97k in 2024).
Granls received from Arts Council England and Cheshire West and Chester Councal were £1.33m in 2025, the same as
2024.
Catering Company
Income from the trading subsidiary, Storyhouse Catering Company, was £3.38m (from £3.6m in March 2024).
The Catering Company conlinued to operate The Kitchen at Storyhouse, open daily from 8am to 11pm, serving a diverse
range of visitors, including students. community groups. homeworkers. and library users. With a casual dining menu wilh
flavours inspired by Levantine cuisine and a comprehensive coffee shop offer, it provides an accessible and inviting
space that complements our wide range of activtties.
The Kitchen actively supports local suppliers such as Kookaburra Bakery. Peckforton Farm Dairy, David Joinson, and
Lost Bam Coffee.
The overall contribution from the Catering Company was a surplus of £944k (£744k in MarGh 2024). As well as this
signific2nt Contribution to Storyhouse's overall ￿VenUe, The Kitchen Creates essential employment opportunities in
hospitality and food and drink.
Production Company
Storyhouse's own produclions. Storyhouse Originals, continue to be developed through the Storyhouse Production
Company. Income for 2025 was £796k, down from £932k in March 2024 due to the timing of productions.
Theatre Tax Relief increased to £290k (from £223k in March 2024), following a review of what can be claimed across the
various projects.
Assets
Net current assets were £840k as at March 2025 (£815k in March 2024). Nel group assets were £1,180k as at
March 2025 (£1,115k March 2024).
Overall cash at bank and cash in hand balance was £1,638k (£1,650k in March 2024).

UK Storyhouse Limited
Report of the Trustees (including Directors, Report)
For the Year Ended 31 March 2025
Risk Mana
ement and Princi
al Risks
The Trustees monitor performance againstthe Charity's business plan and budget and have risk management processes
in place. There is a comprehensive review annually to examine major strategic, business and operational risks which the
Charity faces, and the Audit & Risk committee leads on this process.
A risk register is maintained and is reviewed regulady to ￿n￿rni that systems have been established to mitigate and
lessen these risks.
The Trustees have a Risk Management Strategy which comprises:
A quarterly review of the risks the Charity may fa￿ and the likelihood of these risks occurring. Particular
attention is given to major risks that would prevent the organisation from achieving its objectives.
The Senior Leadership Team reports any changes in status of these risks. including any new risks and any
aclions taken to the Risk Committee and the main Board.
The eslablishmenl of systems and procedures to miligale those risks are identified in the reviews.
Procedures designed to minimise any potential impact on the charity are implemented should Ihese risks
materialise.
The risk register identified that the highest risk is our reseNe levels. Reserves have previously been used to support the
post Covid recovery period. which was exacerbated by high inflation and the cost of living crisis. As progre5S to dale
shows, the planned turnaround to a break even pos11ion has been aGhievable in 2024125 and the organisation is
committed to rebuilding its reserves back to target as the business and external environment allows.
The other top risks identified are..
The organisation identified IT as a risk due to challenges around recruiting appropriate staff and ageing equipment. An
external audit was undertaken lo identify priorily works. and a new IT Manager was recruited in April 2024. Significant
progress against priorities has already been made and this risk will be further reduced by March 2026.
Inflationary issues pressures
Although Ihe rale of inflation is reducing. resources are still being stretched following the recent period of high inflation,
particularly in terms of its impact on building costs and salaries and wages. 11 is anticipated that the rate of expected
growth vs inflationary pressure on costs will narrow and relieve some of this pressure going forward.
Dependency on income sour￿5
It is important that we mainlain a healthy balance across our revenue granls, eamed income and other contributed
income, to avoid dependency on any single source. The Business Plan identifies areas for growlh, particularly in terms
of earned income.
Failure to comply with safeguarding legislation and guidance
Sloryhouse has very robust safeguarding training, checks, policies and procedures in place, that are understood across
the organisation. However, due to the number of adults and children at risk that we are engaging wilh, the risk of failing
to comply has been noted in order to ensure it is carefully monitored.
Goin
Concern
Your attention is drawn to the going COn￿M note included within the Accounting Polices notes to the Financial
Statements on page 15.
The reserves position of the Charity is set out below. The Board considers Ihal the Charity has adequate financial
resources for ongoing operations and our business planning process. which includes financial projections, has taken into
account the current economic climate. likely levels of secured income, funding and trading in the forthcoming year.

UK Storyhouse Limited
Report of the Trustees (including Directors. Report)
For the Year Ended 31 March 2025
The Board have reviewed and considered all relevant infomation and it has been determined that they do not create a
material uncertainty that casts significant doubt upon the Charity's abilty to continue as a going concem.
The Charity has a 22-year lease and service contract wtth Cheshire West and Chester Council, with a rolling three-year
funding cycle agreed over that period. The original 25 year leasè granted in 2017 was extended by 10 years in 2024,
demonstrating the Council's Commitrnent to Storyhouse. The financial settlement for this is now confimied until March
2028.
In November 2022, Arts Council England awarded Storyhouse continued National Portfolio grant funding until 2026,
which offers further finanGial stability to the Charty. In aubjmn 2024, this was extended to March 2027.
The view of the Board is that the Charity will continue in operalional existence for the foreseeable fvture.
With secured income and based on its business plan for the forthcoming year, the Trustees have concluded that the
Charity will be in a position to continue to meet its liabilities. as they fall due, for at least ￿e1ve months from signing these
financial statements.
After consideration of all factors. the accounts have therèfore been prepared on the basis that the Charity is a going
¢on¢em.
Resenies
Al the end of Ma￿h 2025, total fiJnds Garried fO￿ard are £1.18m (£1.11m in March 2024), of this £59k relales to
designated funds and £86k in fijnds restricted in nature.
The Board aims to maintain an appropriate level of reserves to support its work and programme of activities.
The recommended reserves levels have been determined in accordance with Charity Commission's best pra¢ti
guidance. The guidan￿ highlights that the setting of a reserves policy is not a task which can be taken in isolation, but
is a producl of a charity's strategic planning, budgeting and risk management process.
The reserves policy should protect the continuity of the Charity's work and provide appropriate ¢over against risks to
which it is exposed. The Reserves Policy takes into account the following risk factors..
Risks associaled with income, including fvnding and sponsorship, being different or lower from that budgeted.
Risks associaled with expenditure, being different or higher from that budgeted.
Planned aclivity level having identtfied potential threats and opportunities.
The charity's contractual commitments.
The potential costs associated with having to wind down the organisation in an emergency siluation.
Overall, the Board believes that the detemined target level of £927k of available 'free' reseNes (defined as unrestricted
funds nol already invesled in fixed assets, held as designated funds or irrev0￿bIY Committed for olher purposes) to be
appropriate based on their review.
The Board considers the total requirement of reserves (equivalent to just under 3 months total expenditure) provides
sufFiuenl flexibility in the context of operational requirement and is in line with other similar charities they have
benchmarked.
At the end of March 2025, the balance held as unrestricted reseryes was £1.1m (£1.Om March 2024) of which £695k
were regarded as free reserves (£695k March 2024).
Plans for Future Periods
As menlioned earlier, the Business Plan for 2024125 has been extended to cover the next three years, ending in March
2028. This revised plan will outline activities that support the vision, mission, and strategic objectives. It will also continue
progress to achieve a consistent break-even position and begin rebuilding reserves by the end of this period. This
approach ensures that the strategic objectives remain at the forefront while allowing for responsive changes as new
opportunities or challenges emerge.

UK Storyhouse Limited
Report of the Trustees {including Directors, Report)
For the Year Ended 31 March 2025
Trustees Responsibilities in relation to the Financial Statements
The charity trustees (who are also the directors of Storyhouse for the purposes of company law) are responsible for
preparing a trustees. annual report and financial statements in accordanc£ with applicable law and United ￿'ngdoM
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial stalements for each year. which give a true and fair view
of Ihe slate of affairs of the charitable company and of the incoming resources and application of reSoUr￿s. including
the income and expenditure, of the charitable company for that period. In preparing the financial statements, Ihe 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 accounting estimates that are reasonable and pruderst-
state whether applicable UK accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unless il is inappropriate to presurne that the
charitable company will continue lo operate.
The trustees are responsible for keeping adequale accounting records that disclose, with reasonable accuracy at any
lime, the financial position of the charitable company and to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assels of Ihe charitable company, and hence for
taking reasonable steps for the prevenlion and detection of fraud and other irregularities.
In so far as the trustees are aware..
there is no relevant audit information. of which the charitable company's auditor is unaware., and
the trustees have taken all steps that they ought to have taken to make them aware of any relevant audit
information and to establish Ihal the auditor is aware of that information.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the
oharitable company's website. Legislatson in the United Kingdom governing the preparation and dissemination of financial
statements may differ from legislation in other jurisdictions.
In approving the Trustees, Annual Report we also approve the Direclorfs Report, induded therein, in our capacity as
company direclors.
Signed by order of the Truslees by..
D Wats
Chair
Date:
S o&V)QS

UK Storyhouse Limited
Independent Auditor's Report to the Members and Trustees of UK Storyhouse Limited
For the Year Ended 31 March 2025
Opinion
We have audited the finantial slatements of UK Storyhouse Limited (the 'charity') and ils subsidiaries {the 'group'l for
the year ended 31 March 2025 which comprise the consolidated statement of financial activilies, the consolidated and
charity balance sheet, the consolidated statement of cash flows and the notes to the financial statements. including a
summary ofsignificant accounting policies. The financial reporting framework that has been app5ied in their preparation
is applicable law and United KingdomAccounting Stsndards. including Financial Reporting Standard 102, The Financial
Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepied Accounting
Practice).
In our opinion. the financial statements-
give a true and fair view of the state of the group's and charttable company's affairs as at 31 March 2025 and of
the group's incoming resources and application of resources. for the year then ènded",
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pra¢t(¢e; and
have been prepared in accordan¢e with the requirements of the Companies Act 2006.
Bas￿ for opinion
We conducted our audit in accordan￿ with Intemalional Stsndards on Auditing (UK) (ISAS {UK)l and applicable law.
Our responsibilities under those s12ndards are ftjrther described in the Auditols responsibilities for the audit of the
accounts section of our report. We are independent of the group and the charity in accordance wilh the ethical
requirements that are relevant to our audit of the accounts in the UK. induding the FRC'S Ethical Standard, and we
have fulfilled our other ethical responsibilibes in accordance with these requirements. We believe that the audit evidence
we have obtained is suffiaent and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing ihe finan¢ial statements. we have concluded that the trustees, use of the going concem basis of accounting
in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not idenlthed any material uncertainties relating to events or condltions
that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concem for a
period of at least ￿e1ve months from when the financial stalements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going ¢on¢em are descrlbed in the relevant
sections of this report.
Other infomiation
The trustees are responsible for the other information. The other infomiation comprises the information includèd in the
Report ofthe Trustees, otherlhan the financial ststements and our auditorfs reportthereon. Ouropinion on the financial
statements does not cover the other information and, except to the extent otherwise expliGilly slaled in our report, we
do not express any fom of assurance conclusion thereon.
In connection with our audit of the financial ststements. our responsibility is to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misstatements. we are required lo determine whether there is a material misstatement in the financial
statements or a material misstatement of the other infomiation. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information. we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit-.
the information given in the Report of Ihe Trustees, whith includes the directors, report and the strategic report
prepared for the purposes of company law, for the financiai year for whith the financial statements are prepared is
Consistent with the financial statements-, and
the directors. report and the strategic report induded within the Report of the Trustees has been prepared in
accordance wtlh applicable legal requirements.

UK Storyhouse Limited
Independent Auditor's Report to the Members and Trustees of UK Storyhouse Limited
For the Year Ended 31 March 2025
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the charity and its environment obtained in the course
of the audit. we have not identified material misstatements in the directors. report and Ihe strategic report included
within the Report of the Trustees_
We have nothing to report in respecl of the following matters in relab.on to which the Companies Act 2006 requires us
to report to you il, in our opinion:
adequate accounting records have not been kept by the charity, or return5 adequate for our audit have not been
received from branches not visited by u5., or
The charily's financial statements are rÈOt in agreement with the accounting records and retums,. or
certain disclosures of trustees, remuneralion specified by law are not made.. or
we have not received all Ihe information and explanations we require for our audit.. or
Responsibilities of trustees
As explained more fully in the stalemenl of Irustees, responsibilities, the trustees, who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial statements and for belng
satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary lo
enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements, the truslees are responsible for assessing the group's and the charity's ability to
continue as a going concern, disclosing. as applicable. matters related lo going concem and using the going con￿rn
basis of accounting unless the Iruslees either intend to liquidate the group or the charitable company or to cease
operalions. or have no realistic alternative but lo do so.
Auditor's responslbllities for the audit ol the financial statements
Our objectives are lo obtain reasonable assurance about whelher the financial slalements as a whole are free frorn
material misstatement, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance with
ISAS (UK) will always detect a material misstatement when il exists. Misstatements can arise from fraud or error and
are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken on the basis of these financi21 statements.
Irregularities, including fraud, are instances of non-¢ompliance with laws and regulations. We design procedures in line
with our respon5ibililies, outlined above, to delect material misstatemenls in respecl of irregularities, including fraud.
The extent to which our procedures are capable of detecting irregularities. including fraud, is detailed below..
Extent to which the audit is constdered capable of detecting Irregularities, including fraud
The responsibility for Ihe pr8venlion and detection of irregularities, including fraud, lies with the tnjstees and with those
charged with governance. The objectives of our audit in respect of irregularities and fraud are to assess the risk of
material misslalemenl of the financial statements due lo fraud, to obtain sufficient, appropriate audit evidence regarding
the assessed risks and to respond appropriately to fraud or suspected fraud identified during the audit.
Audit procedures
We determine significant applicable law5 and regulations Ihrough discussion with those charged wilh governance and
our own knowledge of Ihe industry and design audit procedures to help identify instances of non-compliance with those
laws and regulations that may have a malerial effecl on the financial statements.
We consider the applicable laws and regulations to be the financial reporting framework (FRS 102 and Ihe Companies
Act 2006), Charity Law, the relevanl lax regulations in the UK. employment law and the Health and Safety at Work Act
1974 and Safeguarding legislation.
10-

UK Storyhouse Limited
Independent Auditor's Report to the Members and Trustees of UK Storyhouse Limited
For the Year Ended 31 March 2025
We consider the conlrol environment and the procedures in place to address identified risks, including management
override. non-compliance wtth laws and regulalions and to prevent and detect fraud or irregularity. Our procedures are
designed to provide reasonable assurance that the financial statements are free from material misststemenl or error
and include= enquiries ofmanagement and ofstaff in key compliance functions,. review of reportsfrom regulators., review
of minutes of meetings of those charged with govemance., review and testing of manual joumals, relevant nominals
and significant transactions outside the normal course of business- review of financial slatement disclosures and testing
to supporting documentation: perfonnance of analytical procedures.
We are not responsible for preventing non-compliance and due to the inherent limitations of an audit, as described above,
the audit cannot be relied upon to detect all instances of non-complian￿ with laws and regulations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at.. htt ..1￿.frc.0r
-uklauditorsr
onsibililies . This description fomis part of our auditorfs report.
Use of our report
This report is made solely to the charitable companWs members, as a body, in accordan￿ with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might stste to the charitable company's
members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and
the charitable company's members as a body. for our audit work, for this report, or for the opinions we have formed.
Susan Harris MA ACA (Senior Statutory Auditor)
for and on behalf of Champion Accountants LLP
Chartered Accountants
Statutory Auditor
2nd Floor Reftjge House
33-37 Watergate Row
Chester
CH12LE
11

UK Storyhouse Limited
Consolidated Statement of Financial Activities (Including Income and Expenditure Account)
For the Year Ended 31 March 2025
2025
Totsl
Funds
2024
Unrestricted Restricted
Funds
Funds
Totsl
Funds
Notss
Income and 8ndowmentsfrom:
Donations and legacies
Charitsble activities
1,855,803
189,191
2,044,994
1,936,102
1,048,598
1,048,598
4,171,787
406,057
0th8r trading activities
Other
4,171.787
289.581
4,536,112
289.581
222,899
Total income and endowments
7.365,769
189,191
7,554.960
7,101,169
Expénditure on:
Raising funds
Charitsble activllles
3,517,844
3,750,218
3,517,844
4,015,081
3,478,737
222,613 3,972,831
Totsl expèndlture
7,268,062
222,613 7,490,675
7,493,818
Net incomel{expenditure)
97,707
{33,422)
64.285
1392,649)
Reconciliation of funds
- Total funds brought forward
995.768
119,672 1,115,440
1,508,089
. Total funds carried forward
23
1,093,475
86,250 1,179,725
1,115,440
The StalemÈnt of Financial Activities includes all gains and losses recognised during the year. All Income and
Expenditure derive from continuing activities.
The notes on pages 15 - 27 form part of these financial statements
12-

UK Storyhouse Limited
Consolidated and Charity Balance Sheet
For the Year Ended 31 March 2025
Group
2025
Charity
2025
2024
2024
Notes
Fixed assets
Tangible assets
In￿StMentS
14
15
339,214
300,506
339,214
300,506
339,214
300.506
339.216
300,508
Current assets
Stocks
Debtors
Cash at bank and in hand
16
17
30.616
1,047.300
1,638.162
24,788
936.345
1,650,907
469,757
1,625,447
268,461
1,618,040
2,716.078
2,612,039
2,095,204
1,884,502
Liabilities
Amounts falling due wthin one year
18
(1,875,566) (1,797,105)
<1,254,696) (1,069,568)
Net current assets
840,512
814.935
840,508
814,933
Net assets
1,179,725
1,115,441
1,179,724
1,115,441
The funds of the charity.
Restricted income fjjnds
Unrestricted fijnds:
- Generdl ftjnd
Deslgnated fvnd
20
86,250
119,672
86,250
119,672
21
1,034.104
59,371
995,768
1,034,103
59,371
995,767
Total funds
23
1,179,725
1,115,440
1,179,724
1,115,439
The consolidated financial statements were approved and authorised for issue by the Trustees on
and wèr8 signed on their behatf by..
Ll
Company Number: 05541255
The notes on pages 15- 27 form part of these financial ststements
13

UK Storyhouse Limited
Consolidated Cash Flow Statement
For the Year Ended 31 March 2025
Note
2025
2024
Net Cashflow from operating activities
Tax recei*d
25
(164,9511
289,581
{607, 8911
222,899
Cashflow from investing a¢tlvities
Payments to acquire tangible fixed assets
14
(137,374)
(205,393)
Nel Cashflow from investing activities
Net increase In cash and cash equivalents
(137,374)
112,7451
(205,393)
(590,385)
Cash and cash equivalents at beginning of year
1,650,907
2,241,292
Cash and cash eqUi￿lent$ at the end ofthe year
1,638,163
1,650,907
Cash and cash equivalents consist of:
Cash al bank and in hand
Short tem deposits
1,638,162
1,650,907
Cash and cash eqUi￿lent at the end of the year
1,638,162
1,650,907
The notes on pages 15 - 27 form part of these financial statements
-14-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
Accounting Policies
General Information
The chanty is a private company limiled by guarantee, registered in England and Wales. The address of the
registered office is Storyhouse. Hunler Streel, Chester. Cheshire CH12AR.
Accounting convention
The financial statements have been prepared in accordan￿ with Accounting and Reporting by Charities..
ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102> effective 1 January 2019 -
Charities SORP {FRS 102). Ihe Financial Reporting Standard applicable in thè UK and Republic of Ireland
(FRS 102) and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or
transaction value unless othemise stated in the relevant accounting policy note below.
The financial statements are prepared in sterling. which is the functional currency of the charity, rounded to the
nearest pound.
UK Storyhouse Limited is a public benefit entity as defined by FRS 102.
Basis of consolidation
The Consolidated Statement of Financial Activities, the Consolidated Balance Sheet and the Consolidated
Statement of Cash Flows indude the financial stalements of the company and its subsidiaries, Storyhouse
Catering Company Limited and Storyhouse Production Company Limited, made up to 31 March 2024. There are
uniform po5i¢ies across the group and intra group transactions are eliminated on consolidation. Consolidation is
on a line by line basis. A separate Statement of Financial Activities and Income and Expenditure Accounl for the
charity has not been presented becausethe charty has taken advantage ofthe exemption afforded by Section 408
of the Companies Act 2006.
Going Concern
As part of their going concern assessment, the trustees have Considered the events and conditions that the Charity
may face, in¢luding the continued impa¢t of the cost-of-living Grisis and the financial uncertainty in the UK
economy.
In light of the economic uncertainty, the management team regularfy assess what impacts events and conditions
might have on its operations and forecasl cash flows, ensuring it has sufficient liquidity to continue lo m8&1 its
obligalions as they fall due.
The Charity has a 22-year lease and setvice Conlradwith Cheshire West and Chester Council, with a rolling three-
year funding cycle which is confimied until March 2028. A National Portfolio grant from Arts Council England has
also been confirTned unlil March 2027.
Financial and other risks are addressed through regular monitoring by the Finance Committee, Risk Committee
and fvll board, with the overall budget re￿Iving a full re-appraisal on a regular basis. The business planning
process includes financial projections taking into account the current economic dimate and likely levels of secured
income, funding and trading in the forthcoming year.
After reporting a surplus for 202425, the current budget anticipates a defiat for the financial year 2025-26, largely
due lo the Govemment's recent increases in minimum wage and employefs national insurance. Existing reserves
will be used to fund the deficit in the short term. The medium-tem financial plan projects the Charity returning to
a surplus.
The view of the Trustees is that, whilst they acknowledge the significant disruption that the wst-of-living Grisis,
changes in minimum wage and nalional insurance have brought and may continue to bring, the Charity will
continue in operational existence for the foreseeable future. The trusteès have concluded the Charity will be able
to continue to meet its liabilities as they fall due for at least ￿e1ve months from signing these financial statements.
In reaGhing their ¢onclusion, the trustees have reviewed and considered relevant infomiation, induding Ihe annual
budget and future cash flows.
After consideration of all factors. the trustees ¢ontinue to adopt the going concem basis in preparing the financial
slatements.
The funds of the charity
General funds are unrestrided fijnds which are available for use at the discretion of the Trustees in furtherance of
the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are used in accordance with speclfic restrictions imposed by the donors or which
have been raised by the Charity for particular purposes. The cost of raising and administering su¢h fiJnds are
15-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
charged against these funds. The aim and use of each restricted fund is set out in the notes to the Financial
Statements.
Incoming resources
All income is recognised in the Statement of Financial Activities once the charity has enlitlemenl to the funds, it is
probable that the incorne will be received and the amount can be measured reliably.
Grant income that is revenue in nature is recognised in full in the year of entitlement where the performance
conditions have been mel.
The point of entitlement to ticket income is regarded as the completion of the licketed performance. As such, lickel
income is recognised upon completion of the performan￿ that the ticket has been issued for. Amounts received
for future perfomiances are included in current liabilities.
The other SoUr￿S of income are received at the point of delivery of the goods or services and are therefore
recognised upon receipt.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregale all
costs related to the category.
Costs of generating voluntary income are those incurred in seeking voluntary contributions and do nol include
costs of disseminating information in support of the charitable activities.
Support costs include central functions and have been allocated to activity Gost ¢ategoTies on a basis ¢onsistent
with the use of resources.
Tanglble fixed assets
Depreciation is calculated so as to write off the cost of an assel over the useful economic life of that assel as
follows..
Fixtures and fittings
Motor vehicles
Computer equipment
200A on cosl and 100A on cost
259A on cosl
25°/0 on cosl
Where il has been identified that the recoverable amount of a fixed assel is below its net book value the asset is
written down to its recoverable amount and the impaimienl loss is recognised in the Statement of Financial
Activities.
Stocks
Stocks consist of purchased goods for resale and consumables. Stocks are valued at the lower of cost or net
realisable value.
Debtors
Debtors receivable within one year are recognised at transaction pri￿. Any losses arising from impairment are
recognised in expenditure.
Cash at bank and in hand
Cash at bank and in hand includes cash held on deposit with a short maturtty of three months or less.
Creditors and provisions
Creditors and provisions are nomially recognised at their settlement amount after allowing for any trade discounts
due.
Deferred income includes..
Income received for events and perfomances taking place after the balance sheet date
Financial instruments
The charity 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 fixed asset investments which are subsequently measured al fair value
where this can be reliably measured.
Operating leases
Rentals paid under operating leases are charged to the income and expenditure on a slraight-line basis over Ihe
period of the lease.
16-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
Taxation
As a registered charity, the company benefits from rates relief and is generally exempt from Income Tax,
Corporation Tax and Capital Gains Tax, but not Value Added Tax.
Volunteers
The value of seNi¢es provided by volunteers is not incorporated into these financial statements.
Financial perforniance of the charity
The consolidated statement of finanaal activities indudes the results of the tharity's wholly owned subsidiaries,
Storyhouse Catering Company Limtted and Storyhouse Production Company Limited. The summary financial
performance of the charity alone is:_
31 March
2025
31 March
2024
Income
Theat￿ Tax Relief
Gift aid from Storyhouse Catering Company knmited
Gift aid from Storyhouse Production Company Limited
2,804,011
289,581
943,524
2,119,259
222,899
743,929
4.037,116
3,086,088
Expenditure on charitable actimties
3,972.831
3 478 737
Surplusl(Deficit) for thè year
392,649
Total funds brought fonKard
1 115439
1508 088
Totsl funds carried fOr￿ard
1179,724
1,115,439
Represented by:
Unrestricted ￿ndS
Restricted fvnds
1,093,474
86,250
995,767
119,672
1,179.724
1.115,439
17-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
Income from donations and legacies
Total
Funds
2025
Totsl
Funds
2024
Unrestricted Re*icted
Funds
Funds
Fundlng
Members & pri￿te Gimng
Sponsorship Income
Trusts and Foundations
Project Funding
317,657
95,062
45.218
67.241
317,657
95,062
234,409
67,241
234,295
79.700
194,482
97,000
189.191
Grants recelvable
Arts Council England
Cheshire West and Chester CounGiI
G0￿Mment Grants
228,015
1,102,610
228,015
1.102,610
228,015
1,102,610
1,855,803
189,191
2,044,994
1,936,102
Of the income from donations and legacies wei*d in 2025. £1.855,803 <2024.. £1,727,681) was unrestricted
and £189,191 (2024: £208,421) was restricted.
Incoming resources from charitable actlvities
Unrestrictèd
Funds
2025
Totsl Funds
Unrestricted
Funds
2024
2025
Library operation
Engagement
Ticketing
Other income
25,359
60,560
903,074
59.605
25,359
60,560
903,074
59,605
25,876
37,355
277,283
65,543
1,048,598
1,048,598
406,057
Other trading activities
Unrestricted
Funds
2025
Totsl Funds
Unrestrictèd
Funds
2024
2025
Storyhouse Production Company Limited
Storyhouse Catering Company Limited
795,949
3,375,838
795,949
3,375,838
932,552
3,603,560
4,171,787
4,171,787
4,536,112
18

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
Net income from trading activity of subsidiary companies
The Gharity owned 1000A of the share capital ofstoryhouse Catering Company Limited and Storyhouse Production
Company Limited at 31 March 2025 Both subsidiaries are registered in England and Wales. The principal activity
of each subsidiary is detailed below together with theirtrading results forthe year.
Storyhouse Catering Company Limited
The principal activity of the company was that of catering, cineTna and re￿Iving touring theatre at Storyhouse,
Chester. The company registration number is 10709991.
31 March
2025
31 March
2024
Turn0￿r
Cost of sales
Administration expenses
3,375,838
3,603,560
2,393,203 2,798,163
39,111
61,467
(LossyProfit before taxation and for the financial year
943,524
743,930
Amount gift aided to the charity
943,524
743,930
Retained earnings brought forward and carried forward
Current assets
1,064,458
1,064,457
684,901
684,900
Current liabilities
Net Current assets
Called up share capital
Retained eamings
19-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
Storyhouse Production Company Limited
The principal activity of the company was that of theatre company production al Storyhouse, Chester.
The company registration number is 10709994.
31 March
2025
31 March
2024
TUm0￿r
Cost of sales
Administration expenses
795.949
1,087,280
{1,7501
932,552
1,133,709
21,742
Loss before tsxation
289,581
222,899
co￿oration tax ¢￿dit fjheatre tax reliefj
289,581
222,899
Profit for the financial year
Current assets
Current liabilities
524,958
524,957
670,652
670,651
Net current assets
Called up share capital
Retained eamings
Other income
Unrestricted Totsl Funds
Funds
2025
Unrestricted
Funds
2024
2025
Theatre tax relief
289,581
289,581
222,899
289,581
289,581
222,899
-20-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
Costs of raising funds
Unrestricted
Funds
Total Funds
2025
Total Funds
2024
Storyhouse Production Company Limited
Storyhouse Catering Company Limited
1,085,530
2,432,314
1,085,530
2,432.314
1,155,451
2,859,630
3,517.844
3,517,844
4,015,081
Costs of Charitable Activities by Activity Type
Direct
Support Govemance
Costs
Total Funds Total Funds
2025
2024
Charitable actiiites
Management
Finance
Building 0￿rheadS
2,739.674
2,739,674
951,767
119,165
162,225
2,304,082
911,081
116,931
146,643
951,767
103,565
162,225
15.600
2,739,674
1,217,557
15.600
3,972,831
3,478,737
Costs of ¢haritablÈ activities We￿ £3,750.218 (2024.. £3,478,737) of which £3,972,831 (2024.. £3,321.8661 was
unrestricted and £222,613 (2024: £156,871) was restricted.
10
Net incomel(expendlture) for the year
2025
2024
This is stated after charging:
Depreciation
Auditors remuneration
Audit of the financial statements
- Accountancy serKi¢es
Operdting lease cosls..
Land and buildings
Motor *hicle
Copier
98,666
91,745
15,600
15,000
60,292
4,558
2,692
24,792
4,558
2,692
11
Trustees, Remuneration
None of the Trustees received any remunerats.on or benefits in kind in respect of their duties as a trustee.
Expenses were paid to Trustees during the year in amount of £NIL (2024: £961)_
-21

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
12
Analysis of stsff costs and the cost of key management personnel
Total staff costs were as follows
Group
2025
Charity
2025
Group
2024
Charlty
2024
Wages and salaries
Social security costs
Pension costs
2,583,601
214,460
87.976
1,994,941
192,178
75,171
2,352,554
201,588
84,414
1,486,165
176,954
72,422
2.886,037
2,262,290
2,638,556
1,735,541
Key management comprises the execulive team. The total employee benefits of the key management personnel
were £269,118 (2024.. £320,631).
Particulars of employees
The average number of staff employed during the year was 145, analysed by function as follows..
2025
Number
2024
Number
Project
Head office
Kitchen
12
22
12
19
Marketing
Production
Cinema
Touring
Trading
Casual slaff
14
85
87
147
145
During the year the number of employees tho eamed more than £60,000 was as follows..
2025
Numbar
2024
Number
£60.000 - £70,000
£70,000 - £80,000
£80,000 - £90,000
£90,000 - £100,000
There were no disclosable terminats.on payments made in the current or prior year.
The charity conlributes to a defined wntTibution pension scheme for it5 eTnployees and an equity pension scheme
for self employed actors. The sum of £87,976 (2024.. £84.414} represents the pension cost to the charity fDr the
period. The full cost has been charged againsl unrestricted funds.
-22-

UK Storyhouse Limited
Notes to the Consolidated Financial Ststements
For the Year Ended 31 March 2025
14
Tangible Fixed Assets
Group and Charity
Fixtures and
fittings
Motor
Computer
vehicles Equipment
Total
Cost
At 1 April 2024
Additions
Disposals
1,110,241
47,947
14,328
239,255
89,427
(84,780)
1,363,824
137,374
{84,780)
At 31 March 2025
1,158.188
14.328
243,902
1,416,418
Depreciation
At 1 April 2024
Charge for year
Eliminated on disposal
846,265
81,204
14,328
202,725
17,462
(84,780)
1,063,318
98,666
(84,780)
At 31 March 2025
927,469
14,328
135,407
1,077,204
Net Book Value
At 31 March 2025
230,719
108,495
339,214
At 31 March 2024
263,976
36,530
300,506
15
Investments
Group
Charlty
2025
2025
2024
2024
Invèstments in subsidiaries
16
Stocks
Group
Charity
2025
2025
2024
2024
Stock
30.618
24,788
17
Debtors: Amounts falling due within one year
Group
2025
Charity
2025
2024
2024
Amounts owed by group undertakings
Income tax reco*rdble
Trade debtors
Other debtors
Prepayments and accNed income
16,312
658,828
64,463
96,649
227,360
550,562
73,385
146,660
165.738
189,185
40,533
96,649
143,390
56,234
146,660
49,256
1.047,300
936.345
469,757
268,461
-23-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
18
Liabilities: Amounts falling due within one year
Group
2025
Charlty
2025
2024
2024
Trade creditors
Amounts owed to group undertakings
PAYE and Social Security
VAT
Other creditors
Accwals and deferred income
113.977
211,477
gQ,960
481,761
49,827
21,346
227,385
383,417
186,690
49.827
14.651
235,359
1,461,752
49,253
73,026
148,427
1,314,922
49,253
73,026
140,452
62Q,147
1,875.566
1,797.105
1,254,696
1,069,568
Deferred Income
Defe￿ed income at 1 April 2024
Utilised in year
Recei￿￿ in year
Deferred income at 31 March 2025
1.080,336
{1.080,336)
1,117,941
1.117,941
19
Operatlng Lease Commitments
Total future minimum lease payments under nOn-¢an￿lIable operating leases are as follows..
2025
2024
Within one year
Between one and fike years
70,947
101.769
70,892
178,794
172.716
249,686
20
Restricted Funds
Group and Charity
Balance at
1 April
Incoming
2024 Resources
Balance at
31 March
2025
Outgoing
ResourGes
Youth Projects
Community FestiKBI Funding
119,672
189,191
222,613
86,250
119,672
189,191
222,613
86,250
All restricted funds are included in the Charity aGGounts
-24-

UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
Group and Charity
Balance at
1 April
Incoming
2023 Resources
Balance at
31 March
2024
Outgoing
Resources
Youth projects
Festikal fijnding
68,122
193,221
15,200
141.671
15,200
119,672
68,122
208,421
156,871
119,672
21
Unrestricted Funds - General
Group
General
Funds
Charfty
Gen8ral
Funds
As at 1 April 2024
Incoming resources
Outgoing resources
Transfer to designated funds
995,768
7.306,398
17,268.062)
995,767
3,788,554
(3.750,218)
As at 31 March 2025
1,034.104
1,034,103
Group
General
Funds
Charlty
General
Funds
As at 1 April 2023
Incoming resources
Outgoing resources
Transfer to designated fvnds
1,439,968
6,892.748
(7,336,947)
1,255,023
2,877,667
(3,136,923)
As at 31 March 2024
995.768
995,767
22
Unrestricted Funds - Designated
Group
Designated
Funds
Cha rity
Designated
Funds
As at 1 April 2024
Incoming resources
Outgoing resources
59,371
59,371
As at 31 March 2025
59,371
59,371
-25-

UK Storyhouse Limited
Notes to the Consolidated Financial Ststements
For the Year Ended 31 March 2025
Group
Designated
Funds
Charity
Designated
Funds
As at 1 April 2023
Incoming resources
Outgoing resources
184.943
184,943
{184,943)
(184,9431
As at 31 March 2024
DLJring the year. the Injslees designaled £59,371 from unrestricted funds for capital projects comprising the
¢on5truction of a new bar in the main auditorium and the extension of the solar panel array. Of this, £49,371 was
committed expenditure as at 31 March 2025.
23 Analysis of Group Net Assets Between Funds
Tota I
31 March
2025
Tangible Net Current
Fixed Assets
Assets
Restricted Funds
86,250
86,250
Unre&ricted Funds
General Funds
339,214
694,890
1,034,104
Designated Funds
59,371
59,371
Total Funds
339,214
840,511
1,179,725
Totsl
31 March
2024
Tanglble Net Current
Fixed Assets
Assets
Restricted Funds
119,672
119,672
Unrestrlcted Funds
General Funds
Designated Funds
300,506
695,263
995,768
Total Funds
300.506
814,935
1,115,440
24
Capital Commitments
As at 31 March 2025, the charity had capital comrnitmenls of £49,371 (2024= £Nil).
25
Related Party Transactions
Transaclions with subsidiary companies are disdosed in Note 6.
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UK Storyhouse Limited
Notes to the Consolidated Financial Statements
For the Year Ended 31 March 2025
26
Reconciliation of group net income resources to net cash inflow from group operations
2025
2024
Net incoming resources
Theatre tax relief
Depreciation of fixed assets
Decreasel(increase) in stock
{IncreaseVdecrease in debtors
Increasel{decrease) in creditors
64,285
(289,581)
98,666
15,828)
{110.955)
78.462
(392,6491
(222,8991
91,745
(8,4781
64,675
{140,2851
Net cash inflow from operating activities
{164,951)
(607.8911
27
Analysis of changes in net funds
l April
2024
31 March
2025
Cash Flows
Cash at bank and in hand
1,650,907
(12,745)
1,638,162
28
Guarantee
The Charitable Company is limited by guarantee and has no share capital. The members, liability is restricted to
£1 each in accordance with the Memorandum and Artides.
29
Fundraising standards information
The charity raises charitable funds in-house and does not engage a professional fund-raiser or commercial
participator to carry out these activthes. The charity has not bound itself to a voluntary scheme for regulating fund-
raising and has not received any complaints with respect to ts fund-raising. The charity avoids unreasonable
intrusion into a person's privacy, unreasonable persistent approaches and undue pressure on persons in
connection with fund-raising.
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