Company registration number: 06722614
The Deborah Day Theatre School Trust
Company limited by guarantee
Financlal Statements
31 Dècèmber 2023
MYERS
ACCOUNTATQTS TAX
AND BUSINESS ADVISE

The Deborah Day Theatre School Trust
Company Ilmited by guarantee
Contents
Page
Directors and other infom)alion
Directors report
Accountants report
Slalement of Comprehensive income
Statement of linancial position
Slalement ol changes in equity
Notes to the financial statements
8-10

The Deborah Day Theatre School Trust
Company limited by guaranteg
Directors and other information
Directors
Deborah A Shea
G E Guazzelli
J M Maynard
J O N Nnodim
Secretary
G E Guazzelli
Company number
06722614
Registered oflice
Finanee House
383 Eastern Avenue
Ilford
Essex
IG2 6LR
Business address
22 Mead Field Drive
Great Hallingbltry
Essex
CM22 7FJ
Accountsnts
Myeis
AccDuntants Tax and Business Advisers
Finance House
383 Eastern Avenue
Ilford
Essex IG2 6LR
Page 1

The Deborah Day Theatr& School Trust
Company1Smlted by guarantee
Dlrectors report
Year ended 31 Dècember 2023
The directors present their report and the unaudited financ¢al statements of the company for the year
ended 31 December 2023.
Director5
The directors who sewed the company during the year were as follows..
Deborah A Shea
G E Guazzelli
J M Maynard
J O N Nnodim
Small company provi$lons
This report has been prepared in accordance with the provisions applicable to companies entitled to the
small companies exemption
This report was approved by the board of directors on 27 August 2024 and signed on behalf of the board
by..
Deborah A Shea
Director
Page 2

The Deborah Day Theatre School Trusl
Company limited by guarantee
Chartered accountants report to the board of director8 on the preparation of the
unaudited Statutory financial statements of The Deborah Day Theatre School Trust
Year ended 31 December 2023
As described on the statement of financial posilion, the directors of the company are responsible for the
preparation of the financial statements for the ye21 ended 31 December 2023 which comprise the
statement of comprehensive income, statement of financial position, statement of changes in equity and
related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance
with your instructions we have compiled these unaudited financial st2temenls in order to as51St you lo fulfil
your slalulory responsibilities, from the accounting records and from information and explanations supplied
to us,
Myers
Accountants Tax and Business Advisers
Finance House
383 Eastern Avenue
Ilford
Essex IG2 6LR
27 August 2024
Page 3

The Dgborah Day Theatre School Trust
Company limited by guarantee
statement of comprehensive income
Year ended 31 December 2023
2023
2022
Not¢
Turnover
Cost of sales
255,416
129,5331
238,2S9
128,7941
Gross profil
225,883
209,465
Adminislralive expenses
1228,2741
1207,5121
Operatlng Ilossllprofit
{2.3911
1,953
{Lossllproflt before taxation
{2,3911
1,953
Tax on Iloss)Iprofit
Loss)Iprofit for the financial year and total comprehensive income
{2,3911
1,953
All the activities of the cotnpany are from continuing operations.
The notes on pages 8 to 10 form part ofthesè financial statements.
Pog8 4

The Deborah Day Theatre School Trust
Company limited by guarantee
Statement of flnanclal position
31 December 2023
2023
2022
Note
Flxed assets
Tangible assets
13,066
13,066
13,066
13,066
Current assets
Cash al bank and in hand
3,454
4,390
3,454
4.390
Creditors: amounts falllng due
wlthln one year
14,2871
{2,8321
Net turrent Illabllltles)lassets
18331
1,558
Total assets less current IlabllSties
12,233
14.624
Not asset$
12,233
14,624
Capital and reserves
Profit and loss account
12.233
14,624
Members funds
12,233
14,624
For the year ending 31 December 2023 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors responsibilities".
.The members have not required the company lo obtain an audit ol ils financial statements for the year in
question in accordance with section 476.,
•The directors acknowledge their responsibilities for complying with the requirements of the Act wlh
respect lo accounting records and the pteparation of financial slalemenls.
The note5 on pages 8 to 10 form part of these financial statements.
Page S

The Deborah Day Theatre School Trust
Company limited by guarantee
Statement of financial position Icontinuedl
31 December 2023
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies. regime and in accordance with Section 1A of FRS 102 'The
Financial Reporting Standard applicable in the UK and Republic ol Ireland,.
These financial statements were approved by the board of directors and aulhorised for issue
on 27 August 2024. and are signed on behalf of the board by..
Deborah A Shea
Director
Company registration number.. 06722614
The notes on pages 8 to 10 fomi part of these financial statements.
Page 6

The Deborah Day Theatre School Trust
Company limited by guarantee
stst¢ment of changes in equity
Year ended 31 December 2023
Profil and loss account
Total
At 1 January 2022
12,671
12.671
(Lossllprolit for the year
Total comprohonsivè Income for the year
1,953
1,953
1,953
1,953
At 31 December 2022 and 1 January 2023
14,624
14.624
ILossYprofil for the year
Total comprehensive incomg for the year
12,3911 12,3911
(2.391)
12,391)
At 31 December 2023
12,233
12,233
Page 7

The Deborah Day Theatre School Trust
Company limited by guarantee
Notes to the flnanclal statements
Yearendpd 31 Decembor 2023
l. General information
The company is a private company limited by guarantee, registered in . The address of the registered
office is Finance House, 383 Eastern Avenue. Ilford, Essex, IG2 6LR.
2. Statement of compllance
These financial statements have been prepared in compliance with the provision5 01 FRS 102, Section
1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
3. Accounting policies
Basls of preparation
The financial slalemenls have been prepared on the historical cost basis, as modified by the revalLtation
of certain financial assets and liabilities and investment properties measured at fair value through profil
or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnovgr
Turnover is measured at the fair value of the consideration recelved or receivable foi goods supplied
and services rendered, net of discounts arTrd Value Added Tax.
Revenue from the sale of goods is recognised when the signif5canl risks and rewards of ownership have
transferred to the buyer {usually on despatch of the goods)", the amount of revenue can be measured
reliably,. il is probable that the associated economic benefits will flow to the entity," and the costs incurred
or to be incurred in respect of the transactions can be me8sured reliably.
Tangible assets
Tangible assets are initially recorded al cost, and are subsequently staled at cost less any accumulated
depreciation and impairment losses.
Any tangible assets carried al revalued amounts are Tecorded al Ihe fair value at the date of revaluatio
less any subsequent accumulated depreciation and subsequent accumulated impaiiment losses.
An increase in the carrying amount of an asset as a result of a revaluation. Is iecognised in other
comprehensive income and accumulated in capital and reserves, except lo the extent it reverses a
revaluation decrease of the same assel previously recognised irl profi't or loss. A decrease in the
carying amount of an asset as a result of revaluation is recognised in other comprehensive Income to
the extent of any previously recognised revaluation increase accumulated in capital and reserves i
respect of that assel. whe￿ a revaluation decrease exceeds the accumulaled revaluation gains
accumulated in capital and reserves in respect of that asset. the excess shall be recognised in profit or
loss.
Page B

The Deborah Day Thoatre School Tru$t
Company limited by guarantee
Notes to the financial statements Icontinu8dl
Year ended 31 December 2023
Depreciation
Depreciation is calcu121ed so as lo write off the cost or valuation of an asset, less ils residual value,
over the useful economic life of that asset as follows..
If there is an indication that the￿ has been a significant change in depreciation rate. useful life or
residual value of tangible assets, the depreciation is revised prospgctively lo reflect the new eslimales.
Impairment
A review for indi¢alors of impairment is Carried out at each reporting dale, with the recoverable amount
being estimated where such indicalors'exisl. Where the carrying value exceeds the recoverable
amount. the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at
each reporting date.
When il is not Possible to estimate Ihe.recoverable amount of an individual asset, an e51imale is made
of the recoverable amount of the cash-generaling unil lo which the asset belongs. The cash-generaling
unil is the smallest identifiable group of assets that includes the asset and generates cash inflows that
are ￿[gelY independent of the cash inflows from other assets or groups of assets.
Financial instrum¢nts
A financial asset or a financial liability is recognised only when the company becomes a party to the
conlraclual provisions of the instrumenl.
Basic financial instruments are initially ￿tOgnISed al the transaction price, unless the arrangement
constitutes a financing Iransaclion, where it is recognised al the present value of the fulL¢re payments
discounted al a market rate of interest for a similai debt inslrumenl.
Debt instruments are subsequently measured at amortised cost.
Where investments in non-convertible preference shares and non-pullable ordinary sb,ares or
preference shares are publicly traded or their fair value can olherwise be measured reliably, the
investment is subsequently measured al fair value with changes in fair value recognised in profil or loss.
All other such investments are subsequently measured al cost less impairment.
Other financial inslrumenls, includlng derivats'ves, are initially recognised al fair value, unless payment
for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a
Tnarkel rate, in which case the asset is measured al the present value of the future payments
discounted al a market rale of interest for a similar debt instrument.
Other financial inslrurMen15 are subsequently measured al fair value, with any changes recognised in
profil or loss. with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised wsl are reviewed for objective evidence of
impairment al the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised in profil or loss immediately.
For all equity instruments regardless of significance, and olher financial assets that are Indivldually
significant, these are 28sèssed individually for impaiimenl. Other financial assets or either assessed
individually or grouped on the basis of similar credit risk ¢haracleristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal
does not result in a carrying amount ol the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
4. Limited by guarantee
Each member of the Charity undertakes lo contribute lo the assets of the Charity in the event that it is
wound up if helshe is a member or within one year after helshe ceases to be a member for the
payments of debts and liabilities ol the Charity contracted before helshe ceases to be a member and the
Page 9

The Deborah Day Thèatre School Trust
Company limited by guarantee
Notes to the financial statements Icontinuedl
Year ended 31 Docember 2023
¢08ls, charges and expenses of winding up the Charity and for the adjustment of the right of the
conlribulories among themselves, such amount as being required, not ex￿edIng £1.
Page 9

The Doborah Day Theatre School T¥ust
Company limited by guarantee
Notes to the flnanclal statements {continuedl
Year ended 31 December2023
S. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022.. Nill.
6. Tangible assets
Fixtures, fillings and
equipment
Total
ost
At 1 January 2023 and 31 December 2023
13,066
13,066
Depreciation
At 1 January 2023 and 31 December 2023
Carrying amount
At 310ecember 2023
13.066
13,066
At 31 December 2022
13.066
13,066
7. Creditors: amounts falling due within one yeat
2023
2022
other creditors
4.287
2,832
Page 10

The Deborah Day Theatre School Trust
Company limited by guarante¢
The followlng pages do not fom) part of the statutory accounts.

The Deborah Day Theatre School Trust
Company limited by guarantee
Detailed Income statement
Year ended 31 December 2023
2023
2022
Turnover
Sales
255,416
238,259
255,416
238,259
Cost of sales
Purchases and direct expenses
(29,5331
128,7941
129,5331
128,7941
Gross proflt
225,883
209,465
Overheads
Administrative expènses
Wages and salaries
Examination tees
Rent payable
Insurance
Repairs and maintenan
Costumes and presentation
Photography
Printing, postage and stationery
Advertising
Telephone
Computer costs
Motor Iravelling and subsislen
Accountancy fees
Bank charges
Credit card charges
General eJ(penses
Charitable donations- type 2
1147,245}
17,0311
136,0461
15061
12,0961
119,3801
11,4561
11,0311
11,5951
12,4641
12,991)
1312)
12,959)
11,786)
1526}
1850}
1128,669)
14,589}
135,566)
13581
{1,0011
120,2121
12,2461
12,0331
11,1511
11,8371
12,303)
11,078)
12,959)
11,391)
1643}
1966}
1510)
(228,2741
1207.512}
Operating Iloss}Iprofit
12,3911
1,953
(Lossyprofit before taxation
12,3911
1,953