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← The Television Workshop

2024-12-31-accounts

Charity number: 1126603 Company number : 06457314

The Television Workshop Limited (A company limited by guarantee)

Unaudited Financial Statements

for the year ended 31 December 2024

Wright Vigar Limited Chartered Accountants Alexandra House 43 Alexandra Street Nottingham NG5 1AY

The Television Workshop Limited

Contents

Page
Charity Reference and Administrative Details 1
Trustees' Annual Report (Including Directors' Report) 2 - 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 - 9
Notes to the Financial Statements 10 - 15

The Television Workshop Limited

Charity Reference and Administrative Details

Charity number 1126603
Company registration number 06457314
Business Address Unit 2
9 Cranbrook Street
Nottingham
NG1 1EJ
Registered Office Alexandra House
43 Alexandra Street
Nottingham
NG5 1AY
Trustees Sue Nott
Julian Kemp
Michael Watts
Felicity Milton
Kelly Jaggers
Natalie Moore
Carolina Giammetta
Tara Gayle
Karl Myers
Steven Ryde
Accountants Wright Vigar Limited
Chartered Accountants
Alexandra House
43 Alexandra Street
Nottingham
NG5 1AY
Bankers The Co-operative Bank
PO Box 250
Delf House
Southway
Skelmersdale
WN8 6WT

1

The Television Workshop Limited

Trustees' Annual Report (Including the Directors' Report) for the year ended 31 December 2024

The trustees present their report and the financial statements for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.

The trustees of the charity, who are also directors of The Television Workshop Limited for the purposes of company law and who served during the year and since the year end are set out on Page 1.

Structure, governance and management

Trust Deed

The charity is an incorporated trust limited by guarantee by the Memorandum and Articles of Association amended on 14 August 2008.

Appointment of Trustees

The appointment of trustees is set out in the Memorandum and Articles of Association. The trustees are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making process. They are selected on the basis of their experience, skills and benefits that they bring to the charity.

Reserves Policy

The trustees have agreed that the trust will aim to maintain a level of unrestricted funds equal to three months expenditure commitments and, in order to achieve this, the charity has introduced tuition fees payable monthly by direct debit.

Public Benefit

The charity reviews its aims, objectives and activities each year and, in doing so, have referred to the guidance contained in the Charity Commission's general guidance on public benefit.

Risk management

The trustees have examined the major business and operational risks of the charity and confirm that systems have been established to manage these risks.

Objectives and activities

The charity is a charitable company limited by guarantee and was incorporated on 19 December 2007. The company was granted charitable status from 5 November 2008. It is governed by a Memorandum and Articles of Association. Its objects are to develop, train and educate young people through regional drama workshops and to provide a resource for stage, screen and radio. The charity aims to provide free or affordable training in order to target children and young people from the ages of 7 to 21.

2

The Television Workshop Limited

Trustees' Annual Report (Including the Directors' Report) for the year ended 31 December 2024

Achievements and performance

The year ended 31 December 2024 was a very successful year with the continued leadership of Executive Artistic Director, Alison Rashley, and the support of The Board of Trustees. The year showed a net increase in funds of £53k.

Term Fees revenue from our students is the main source of income, with 15% of our students receiving bursaries in keeping with the Workshop ethos and charity status to waive fees for those from financially disadvantaged backgrounds. We also offer full bursaries to children who are in local authority care along with free spaces on all additional opportunities we offer. We have 285 members in the Main Group, 40 Reserve Group members and 25 Alumni Group members and 35 Reserve Group members. Term fee price was held for 2024.

In 2024 our students maintained our reputation in the industry and worked on a wide range of projects including: Hollyoaks (C4), Phoenix Rise (BBC), What If Feels Like For a Girl (BBC Three), Sky Sports ad, Boarders (BBC3), music videos, video games, training and social films, TV pilots, short films and local projects including the Nottingham and Derby BFI Film Academy and NTU.

A full time member of the teaching staff resigned during the year and has been replaced by two highly experienced freelance tutors. An initiative to increase our social media followers has been highly successful and we have a freelance social media manager. Our strategy for 2025 is to continue to grow our reputation both within and outside of Nottingham as this has been proven to lead to increased revenue.

Financial review (including future plans)

A Film and Play Festival showcasing our Over 16s was held at Metronome, Nottingham. Three films and a play were shown to an audience of parents, members, alumni, local businesses and organisations. The films were made using new equipment purchased for this and future events. The event was staged with the suppor of All3Media, Confetti College and Nottingham Trent University (NTU). We invested £3k in camera kits and filming equipment to enable the students to make and edit their own short films.

Another source of student based revenue is the ACE group (Ali’s Career Extras) which has been introduced by our Director to further the training of those wishing to make a career in the industry. The courses have involved studying and seeing productions at the Nottingham Playhouse including a Q&A session with Aisling Loftus following her performance in the play ‘Girls and Boys’. This course will continue to 2025 to include a film development project.

A two-day Summer School was held in August and our students had the opportunity to learn skills including Shakespeare, movement for actors, pantomime, casting and break dancing. The event made a profit of £3k and the 2025 event is now fully booked.

2024 saw the introduction of The Great Notts Ball which was a charity event held at the University of Nottingham including a meal, raffle and charity auction. The auction prizes were donated by our patrons, alumni and supporters from the TV/film industry and including unique experiences such as days as an extra on Midsomer Murders, shadowing a film director, Shane Meadows, and bespoke artworks. 180 supporters enjoyed a wonderful evening and the event made a profit of £37k. The Ball will be held bi-annually and the venue and date are booked for 2026.

3

The Television Workshop Limited

Trustees' Annual Report (Including the Directors' Report) for the year ended 31 December 2024

Financial review (including future plans) (continued)

Our Director attended the Labour Party Conference in September along with alumna Vicky McClure to speak about working class actors in the TV and film industry which led to a further talk with the National Lottery. This resulted in a £15k donation from the 30th Anniversary Good Causes campaign.

Total donations across the year totalled £65k including £7.5k from All3Media who supported the film and play festival, £5k from Sir Kenneth Branagh, £1.5k from Act Up North and donations from alumni, parents and local businesses.

The All3Media funding was also used to provide transport and theatre hire for a showcase in London where 2 students aged 11 to 21 performed a series of monologues and duologues to an audience of casting directors and industry professionals.

We are grateful for the continued support of Cartwright Communications who offer pro bono PR and marketing guidance.

All our students are solely represented by the Workshop as their agent and 10% commission is deducted from all work secured. We have continued to develop our casting process, and several of the group have enjoyed casting success. This income, and subsequently overall turnover, is reduced from 2023 due in part to students in long term soap roles leaving our representation, having left the group at 21. In addition, the year was relatively quiet, underlining the volatility of this non-core income. We have increased the number of students on Spotlight, and this will ease the casting process and enable direct contact from casting directors. We have improved the quality of audition tapes and welcomed several acclaimed casting directors to in-person auditions, continuing to reinforce our reputation for quality.

We held industry talks for our members and parents including a brilliant evening with Sir Kenneth Branagh and another with alumni BBC Sherwood actors. These events raised profits of £1.5k.

From January 2024 we have increased the rental space at our premises to include a room used for office accommodation and small group sessions and auditions. The additional rent is £7.5k per year. Our current premises are small and we continue to search for larger alternative premises and are considering various options.

Trustees' responsibilities statement

The trustees (who are also directors of The Television Workshop Limited for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;

4

The Television Workshop Limited

Trustees' Annual Report (Including the Directors' Report) for the year ended 31 December 2024

Trustees' responsibilities statement (continued)

observe the methods and principles in the Charities SORP 2019 (FRS 102);

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Approved by the Board of Trustees on 26 September 2025 and signed on its behalf by:

Felicity Milton (Sep 29, 2025 11:16:22 GMT+1)

Felicity Milton Director

5

The Television Workshop Limited

Independent Examiner's Report to the Trustees of The Television Workshop Limited for the year ended 31 December 2024

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 8 to 16.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purpose of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (''the 2006 Act").

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Steven Newman

Steven Newman (Sep 29, 2025 11:18:06 GMT+1)

Steven Newman LLB BFP FCA Independent Examiner Wright Vigar Limited Chartered Accountants and Business Advisors

Alexandra House 43 Alexandra Street Nottingham NG5 1AY

Date:26 September 2025

6

Statement of Financial Activities (Including the Income and Expenditure Account) for the year ended 31 December 2024

Note
Income and endowments from:
Income resources from generating funds
Donations
2
Other trading activities
3
Investments
Charitable activities
4
Other income
Total income and endowments
Expenditure on:
Costs of generating funds
Raising funds
5
Charitable activities
6
Total expenditure
Net income/(expenditure)
for the year
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 2024
2024
2024
2023
Unrestricted
Funds
Restricted
Funds
Total Funds Total Funds
£
£
£
£
90,020
-
90,020
60,864
72,734
-
72,734
187,759
896
-
896
352
139,954
-
139,954
121,420
-
-
-
-
303,604
-
303,604
370,393
77,629
-
77,629
172,909
172,475
-
172,475
164,367
250,104
-
250,104
337,276
53,500
-
53,500
33,117
-
-
-
-
53,500
-
53,500
33,117
147,690
-
147,690
114,573
201,190
-
201,190
147,690

All income and expenditure is derived from continuing activities.

The notes on pages 10 to 15 form part of these accounts.

7

The Television Workshop Limited

Balance Sheet as at 31 December 2024

Note
Fixed Assets
Tangible Assets
11
Current Assets
Debtors
12
Cash at bank
Creditors: amounts falling
due with in one year
13
Net current assets
Net assets
Charity funds
Unrestricted funds
14
Restricted funds
Total charity funds		 1,075
203,979		 2024
£
7,312
193,878		 2,202
147,903		 2023
£
2,319
145,371
205,054
11,176		 150,105
4,734
201,190 147,690
201,190
-		 147,690
-
201,190 147,690

8

The Television Workshop Limited

Balance Sheet as at 31 December 2024 (continued)

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board and authorised for issue on 26 September 2025 and signed on its behalf by

Felicity Milton (Sep 29, 2025 11:16:22 GMT+1)

Felicity Milton Director

Company registration number: 06457314

The notes on pages 10 to 15 form part of these accounts.

9

The Television Workshop Limited

Notes to the financial statements for the year ended 31 December 2024

1. Summary of significant accounting policies

1.1 General information and basis of preparation

The Television Workshop Limited is a public benefit entity limited by guarantee, registered in England and Wales. The address of the registered office is 43 Alexandra Street, Nottingham, NG5 1AY. The nature of the charity's operations and principal activities are to develop, train and educate young people through regional drama workshops and to provide a resource for stage, screen and radio. The charity aims to provide free or affordable training in order to target children and young people from the ages of 7 to 21.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The financial statements are prepared on a going concern basis under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

1.2 Cashflow

The charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement because it is a small charity.

1.3 Fund accounting

Unrestricted funds 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 to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.4 Income recognition

All incoming resources are included in the Statement of Financial Activities (''SOFA'') when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes entitled to the grant.

10

The Television Workshop Limited

Notes to the financial statements for the year ended 31 December 2024

1.4 Income recognition (continued)

Incoming resources for charitable trading activity are accounted for when earned.

Investment income is included when receivable.

Ticket and merchandise sales are included as incoming resources within activities for generating funds when they are sold.

Where income performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

1.5 Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

Costs of raising funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including shows.

Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those of an indirect nature necessary to support them.

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

1.6 Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

1.7 Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Furniture 25% reducing balance Fixtures fittings and equipment 25% straight line

11

The Television Workshop Limited

Notes to the financial statements for the year ended 31 December 2024

1.8 Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2. Income from donations

Donations
Bursaries
ITV
All3Media
Fundraising events		 Unrestricted
Restricted
2024
2023
funds
funds
Total
Total
£
£
£
£
30,231
-
30,231
44,134
4,680
-
4,680
4,630
-
-
-
4,600
7,500
-
7,500
7,500
47,609
-
47,609
-
90,020
-
90,020
60,864

Income from donations were £90,020 (2023 - £60,864) of which £nil (2023 - £nil) was attributable to restricted funds and £90,020 (2023 - £60,864) was attributable to unrestricted funds.

3. Income from other trading activities

Ticket sales
Merchandise sales
Student administration fees - commission
Casting fees received on behalf of students		 Unrestricted
Restricted
2024
2023
funds
funds
Total
Total
£
£
£
£
3,477
-
3,477
3,597
1,990
-
1,990
6,240
6,603
-
6,603
17,659
60,664
-
60,664
160,263
72,734
-
72,734
187,759

Income from other trading activities was £72,734 (2023 - £187,759) of which £72,734 (2023 - £187,759) was attributable to unrestricted funds.

12

The Television Workshop Limited

Notes to the financial statements for the year ended 31 December 2024

4. Income from charitable activities

Term fees
Other miscellaneous drama tuition		 Unrestricted
Restricted
2024
2023
funds
funds
Total
Total
£
£
£
£
134,096
-
134,096
117,605
5,858
-
5,858
3,815
139,954
-
139,954
121,420

Income from charitable activities was £139,954 (2023 - £121,420) of which £139,954 (2023 - £121,420) was attributable to unrestricted funds.

5.
Expenditure on raising funds
Fees paid to students for castings
Show and film expenses
T-shirt expenses
Fundraising event costs		 2024
2023
Unrestricted
Restricted
Total
Total
funds
funds
£
£
£
£
60,861
-
60,861
160,432
6,777
-
6,777
10,484
2,241
-
2,241
1,993
7,750
-
7,750
-
77,629
-
77,629
172,909

6. Expenditure on charitable activities - by activity

Activities
undertaken
Support
2024
2023
directly
costs
£
£
£
£
General funds
129,337
43,138
172,475
164,367
129,337
43,138
172,475
164,367
7.
Analysis of support costs
2024
2023
£
£
Insurance
1,184
1,160
Accountancy charges
4,230
3,635
Administration costs
18,169
18,397
Office costs
5,779
5,525
Other office expenses
10,063
7,122
Legal and professional costs
522
1,230
Depreciation and profit/loss on disposal of fixed assets
3,191
567
43,138
37,636
8.
Operating profit
2024
2023
Net income is stated after charging:
£
£
Depreciation and other amounts written off tangible fixed assets
3,191
567
Independent examiners' fees
2,940
2,940
Other accounting services
1,290
695		 Activities
undertaken
Support
2024
2023
directly
costs
£
£
£
£
129,337
43,138
172,475
164,367		 Activities
undertaken
Support
2024
2023
directly
costs
£
£
£
£
129,337
43,138
172,475
164,367
129,337
43,138		 172,475
164,367
2024
2023
£
£
1,184
1,160
4,230
3,635
18,169
18,397
5,779
5,525
10,063
7,122
522
1,230
3,191
567
43,138
37,636
2024
2023
£
£
3,191
567
2,940
2,940
1,290
695

13

The Television Workshop Limited

Notes to the financial statements for the year ended 31 December 2024

9. Trustees' and key management personnel remuneration and expenses

Trustees received no remuneration and were not reimbursed for any of their expenses in the year (2023 - nil).

10. Staff costs and employees benefits

The total staff costs and employees' benefits were as follows:
Salaries
Social security costs
Defined contribution pension costs		 2024
2023
£
£
57,262
68,397
1,788
2,035
1,538
1,701
60,588
72,133

No employees received emoluments of more than £60,000 (2023 - none)

Number of employees

The average monthly numbers of employees during the year was as follows:

2024 2023
Number Number
Charitable activities 2 3

11. Tangible Fixed Assets

Cost
At 1 January 2024
Additions
Disposals
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
On disposals
At 31 December 2024
Net book values
At 31 December 2024
At 31 December 2023		 Fixtures,
fittings and
Bicycles
Furniture
equipment
Total
£
£
£
£
1,540
751
1,150
3,441
4,899
-
3,285
8,184
(1,540)
-
-
(1,540)
4,899
751
4,435
10,085
193
167
762
1,122
919
146
779
1,844
(193)
-
-
(193)
919
313
1,541
2,773
3,980
438
2,894
7,312
1,347
584
388
2,319

14

The Television Workshop Limited

Notes to the financial statements for the year ended 31 December 2024

12.
Debtors
Trade debtors
13.
Creditors - due within one year
Trade creditors
Accruals and deferred income		 2024
2023
£
£
1,075
2,202
1,075
2,202
2024
2023
£
£
4,134
1,052
7,042
3,682
11,176
4,734

14. Fund reconciliation

Unrestricted funds:

Unrestricted Balance at
Incoming
Outgoing
Transfers
Balance at
01.01.24
resources
resources
31.12.24
£
£
£
£
£
147,690
303,604
(250,104)
-
201,190

There were no restricted project funds in 2024.

15. Analysis of net assets between funds

Fund balances at 31 December 2024 as
represented by :
Tangible fixed assets
Current assets
Current liabilities		 Unrestricted Restricted
Total
funds
funds
£
£
£
7,312
-
7,312
205,054
-
205,054
(11,176)
-
(11,176)
201,190
-
201,190

16. Company limited by guarantee

The Television Workshop Limited is a company registered in England and Wales limited by guarantee and accordingly does not have a share capital.

Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of it being wound up while he or she is a member, or within one year if he or she ceases to be a member.

15

The Television Workshop Limited

The following pages do not form part of the statutory accounts.

16

The Television Workshop Limited

Detailed statement of financial activities for the year ended 31 December 2024

Incoming resources
Incoming resources from generating funds
Donations
Donations
Bursaries
ITV
All3Media
Fundraising events
Other trading activities
Ticket sales
Merchandise sales
Student administration fees - commission
Casting fees received on behalf of students
Investments
Bank interest receivable
Total incoming resources from generating funds
Charitable activities
Term fees
Other miscellaneous drama tuition
Total incoming resources		 2024
£
30,231
4,680
-
7,500
47,609
90,020
3,477
1,990
6,603
60,664
72,734
896
163,650
134,096
5,858
139,954
303,604		 2023
£
44,134
4,630
4,600
7,500
-
60,864
3,596
6,240
17,659
160,263
187,759
352
248,974
117,605
3,815
121,420
370,393

17

The Television Workshop Limited

Detailed statement of financial activities for the year ended 31 December 2024 (cont.)

£
Resources expended
Costs of generating funds:
Fees paid to students for castings
60,861
Total cost of generating voluntary income
60,861
Fundraising trading:
cost of goods sold and other costs
Show and film expenses
4,249
Theatre and cinema hire
2,528
Fundraising event costs
7,750
14,527
T-shirt expenses
2,241
Total fundraising trading:
cost of goods sold and other costs
16,768
Total cost of generating funds
77,629
Charitable activities
General funds
Activities undertaken directly
Salaries
57,262
Employers' NIC
1,788
Staff pension costs
1,538
Rent
20,966
Travel expenses
4,583
Show and drama tutors' fees
43,200
129,337
Support costs
Insurance
1,184
Administration costs
18,169
Office costs
5,779
Depreciation
1,843
Profit/loss on disposal of fixed assets
1,348
28,323
General funds total expenditure
157,660
Total charitable activity expenditure
157,660
Governance costs
Activities undertaken directly
Accountancy fees
4,230
Legal fees
522
Other office costs
10,063
Total governance costs
14,815
Net incoming resources for the year
53,500
2024		 £
160,432
160,432
7,097
3,387
10,484
1,993
12,477
172,909
68,395
2,035
1,701
19,642
3,859
31,099
126,731
1,160
18,397
5,525
567
-
25,649
152,380
152,380
3,635
1,230
7,122
11,987
33,117
2023		 £
160,432
160,432
7,097
3,387
10,484
1,993
12,477
172,909
68,395
2,035
1,701
19,642
3,859
31,099
126,731
1,160
18,397
5,525
567
-
25,649
152,380
152,380
3,635
1,230
7,122
11,987
33,117
2023
160,432
10,484
1,993
68,395
2,035
1,701
19,642
3,859
31,099
12,477
172,909
126,731
25,649
1,160
18,397
5,525
567
-
3,635
1,230
7,122
152,380
152,380
11,987
33,117

18