Rosehlll Youth Theatre Trustees, report and financial statements forthe year ended 31 March 2024 Charity number: 1128826 robinson+co Chartered Accountants
Rosehill Youth Theatre Contents Page Legal and admirtistrative informatM)n Trustees, feport Independent examlner's r•port Statement of flnanclal actlvItl•s Balare sheet Note$ to the finan¢lo1 staternents 8-15 The followlng pa8es do not forni part of the ststutory accounts. Detailed statement of financLIl actorIeS 17-19
Rosehill Youth'Theatre Legal and administratlve infomiation Charity number 1128826 Business address The Solway Hall Lowther stet Whitehaven Cumbria CA28 7 Trustees S Crellen A Kelly A Crellen LAdams L Woodend J Lawman K Lawman Appointed 2010512023 Appointed 2010612023 Aecountants roblnson+co Oxford Chambers New Oxford street Workington CA14 2LR Bankers Lloyds Bank 6 Lowther.Street Carlisle Cumbria CA3 8DB Pa1
Rosehill Youth Theatre Report of the trustees .for the year ended 31 March 2024 The trustees present their report and the financial statements for the year ended 31 March 2024. The trustees who served durlng the year and up to the date of this report arè set out on page l. Structure• governance and management The charity i5governed by its constitutbon adopted on 7 March 2007 as amended on 24 March 2009 and li May 2009. The trustees meet regularly to ensure the charity operates smoothly and are closely involved in the day to day running of the organisatlon. Th• eharfty uses the working R. abjectives and actlvltles R05ehill Youth Theatre is a local thèatre company for young people in West Cumbria which was founded In 1983. Charltoble objects Rosehill Youth Theatre 8im to help children through performin8 arts and to help ehildren from all backgrounds. by: l. Supporting and prDmoting perfoming arts skllls for young people from undÈrprivile8ed backgrounds, chitdren with disabllities/medlcal condltions and young people with mental health Issue5. 2. Providing lÈisurè time artivities in the interests of soclal wdfare. d]gned to Impruve their conditlQlls of life. 3. Provlding support and actlv5tfes whlch develop their 5ki115, capacities and capabilltie5 to enable them to participate in society as mature and responsible indivtduals. Rosehlll Youth Theatre 15 ran by 18 volunteers. we are based In The Solway Hall in Whitehaven, a local community venue. We have 38 children that attend weekly, every Thursday evening and Sunday day time. 1. 27 ofthe children are from disadvantsEed areas of the town such as Woodhouse, Greenbank and Mlrehouse. 2. 8 of the chlldren are from one parènt famili¢> 3. 15 of the chlldren have a leaming disability such as ADHD and dyslexia. 4. Majority of the children come from households witFTr low incorne. S. Two famllies wlth more than 4 children. The Solway Hall Purpose is to provide a comfflunlty venue and facillties to the local community, which is ran by volunteer5 and Rosehill Youth Theatre. Publicbenefit The trustees have referred to the Euidance contained in the Charity Commission's Eeneral guidance on public benefit when reviewing the charity's aims and objectlves and Sn planning future activities. In partlcul4r, the trustees c¢Jnsider how planned artSvities will contrlbute to the aims and obl¢ttlvesthey have set. Page 2
Rosehill Youth Theatre Report of the trustees for the year ended 31 March 2024 Achievements and perfomiance As the charity is now fully able.to carry out its actlvitle5 a diverse ran8e of shows and performances were booked for the 23124 year ranging from rock music in The Guns and Rose5 ExpeclencÈ' to thè Motorcycle racer Shakey 8yrn¢ to Target wSting. In February 2024 also pruduced the highly wpularshow'wizard of Oz,. Activities still largely centred on endeavours to obtain sufficient funding to, sustain the charity throughout thls very challen£ing period. As well as grant income received, fundraislng included bag-packlng. community slnginE, Santa's Grotto and a Christmas market. Ryt also offered Christmas Party nights on 15116 December and a New Years Eve party to see In 2024. We are thanklul forthe help and asslstance of our loyal team of volunteers in orderto keep thÈ organisatlon runnin& We now look fO3rd to contlnuin£ activities and provldlng our facilltles as needed. wlth a strong focus on the mental well-bèing of our members and the wider community. Flnancial revlew At the balance sheet date the charity had a bala[ of £20.11012023: £49,178) on unrestricted funds and £nil12023.. £6301 on restrlcled funds. Thts was considered a satisPdctory posltlon. The trustees are continuing to ensure that reserves are increased further. In line with best practi, in order to invest Ill the future of ihe Charlty and its ongolng The trustees rern3in Èver grateful to all the funders and supporters of Rosehill Youth Theatre and for the fundlng re¢elv¢d during the year. We are emtremdy grateful to our funders and supporters for their support durfng the year. and we give our thank5 to- Hadfleld Trust,. Alchémy Foundation,. Finn Family Fund; 5nowba15 Charity: Eypot'FI)undation: Garfield Weston,. Cumbria CF Warm Fund,. Cumbria Courtty Council; National Lottery Communlty Fund,. Sellafield- and many others. Reser¥e5 Any free reservÈs at the balance sheet date are held as working Capital pending utili53tion on the running ms15 of the organi5atlon. Ordinarily. the trustees aim to hold sufficient resetves to pay for tho running costs of the organisation a5 they fall du Rlsk management The trustees have assessed the major Strategic, bu51ness and gperdtiDnal risks to whith the organlsatlon is exposed. They are satlsfied that systems are In place to mitigate tho exposure to the5? risk plans for tuture perlods In 2024125 and beyond, will continue tu h05t Shows. music events, and fundraislng 3Ctivhties. Within The 5olway Hall, we will conlinue to provide facilitles and a cornmunity nue to people in the community with private parties, weddines, charity concerts and communlty event5. We will a150'COntlnue to have our own events to cover our ovèrhèad costs and to continue wlth our upgrading of facllitles. We wlll continue to fundraise so that we can contlnue with Ryf and The Solway H?11 in the nèxt financial year. PaEe 3
Rosehill Youth Theatre Report of the trustees ft)r the year ended 31 March 2024 Statement of.trustee5' responslbflltles The trustees are responsible for preparing the Tru5tee5' Annual Report and the financial statements in accordance with applicable law and United Klngdom Accountlng Standards Iunlted Klngdom Generally Accepted Attounting Practicel. Law appllcable to tharities In England and Wales reouires the trustees to prépare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charlty forthat year. In preparlngthese ftnancial statements the trustees are requlred to.. select suitable accounting policies and then apply them con5iStentlyi obseNe the methods and princie5 in the charltles SORP- make judgements and estimates that are rea50nable and prudent: stste whether ippllcable UK Accounting St3ndards have been foltowed. subject to any material departures disclosed and explained in the financial statements,. and prepare the financlal statements on the going concern basis untess it is inappropriate to presume thai the charlty wlll cOntIn in operatlon. The trustees are re5ponslble for keeping Proper accounting records whith disc105e wittl reasonable accuracy at any time thé financlal positlon of the charity and enable them to ensure ihat the financial statements comply with the Charities Act 2011 and the .Charity (Accounts and Rèports) Regulatlons 2008. They are alscTr responslble for safe8uardlng the assets of the charity and hence for taking reasonable steps for the preventlon and detettlon of fraud and other Irregularltles. On behalf of the board A Kellv Trustee 3014nuary 2025 Page 4
Rosehill Youth Theatre Independent examiner's report to the trustees on the unaudlted flnanclal statements of Rosehill Youth Theatre. I report on the acwunts of RehI11 Youth Theatre for the year ended 31 March 2024 set out on pages 6 to 15. Respective responslbllitles of trustees and Independent examiner As the charivs trustees you are responslble for the preparation of the accounts, you consider that thé audlt requlrement of section 144 of the Charitiès Act 2011 (the Charities Act) doe5 not apply and that an independent examination is needed. It Is my responsibility to examine the atcounts under section 145 of the Charities ACE- to follow the procedures laid dowrt In the General Directions glven by the Charity Commission under section 14515llbl ctf the Charities ACL- and to state whether particular matters have tome to my attention. Basis of independent examlner's statement My examination wa5 carried out In accordance wlth the General Direction5 given by the Charity Commlsslon. examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented th those records. It also include5 consideration of any unusual 1tems.or disclosures in the attounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not prowdé all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a'true and fairVIe and the report is limited to those matters set out In the staternent below. Independent examiner's statement In connectlon wilh my examlrtation, no matter has come io my attentlon: 111 which glves rne reasonable cause to belleve that In any material respect the requrrements.. to keep proper accounting reC{d5 In accordance wlth sectlon 13Q of the Charities ACL. and to prepare accounts whlch accord with the accountinq records and to comply wlth the accountlng requirements of the Charitie5 Act have not been met; or lill to which, in my opinion. attention Should be drawn in order to enable a proper understanding of the a¢¢wnts to be reached. Jason Spi 5 FCA DChA Independent examiner roblnson+co Chartered Accountants Oxford Chambers New Oxford Street, Worklngton CA14 2LR 30 January 2025 Page 5
Rosehill Youth Theatre statement of financial activities For the year ended 31 Djtarch 2024 Unrestricted Restrlrted funds funds 2024 Total 2023 Total Notes Income DoAaiions and le8acies Income from charftable actlvilies Income from other tradin8 actlvltles: Activities for generatlng funds Investment inEome 1,133 37,455 45,283 16,139 46,416 53,594 73.402 44,806 141,679 141.679 95,015 Tatal Income 180,269 61,422 241.691 213,224 Expendilure Costs of ralsing funds.. Expenditure on ralslng funds cost of goods sold and other Costs Expenditure on charitable actlvlties 116,307 93,030 116,307 155.082 105,295 138,631 62.052 Total expendlture 209,337 62.052 271.389 243,926 Net IncomlnglloutgolnE) resources for the year I Net Ineomellexpenditurel for the year 129,0681 16301 12g,6981 130,7021 Total funds broLEht forward 49,178 530 49,808 80,510 Total funds carried forward 20,110 20,110 49,808 The statement of financial activities includes all galns and losse5 Iri the year. The note5 on pages 8 to IS form an Integral part ofthese flnan¢Sal statements. Page 6
Rosehlll Youth Theatre Balance Sheet as at 31 March 2024 2024 2023 Hxed assets Tangible assets Current assets Stocks DebtDf5 Cash at bank and in hand io 80279 7&453 3,OOD 4.735 11682 li 5.243 11.209 20.417 Credltors: amounts falllng due wlthin one year (71378) 149,0621 Net current Ilabilities 160.1691 128,6451 Net assets 20.110 49,808 Fund5 Restricted income funds Unrestricted income funds 630 49.178 20.110 Total funds 20.110 49A08 The finanelal statementswere approved bythe tnt5tees on 30January2025 and s18ned on its behalf by A Kelly Trustee The nots5 on pa£es8to 15 form an Inwal part vtthe5efinanda15tatÈments. Page 7
Rosehill Youth Theatre Notes to financial statements for the year ended 31 March 2024 Accounting polictes The princlpal accounting policies are 5ummari5ed below. The accountin8 pol¢cies have been applled conslstently throughoutthe year and the precedin8year. 1.1. Basis of accountlng preparation and assessment of going concern The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended pracil- Accounting and Reporting by Charities preparing their accounts in accordance with the FinawKial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Effective l January 20151-ICharitie5 SORPIFRS 1021. The charity constitutes a publlc benefit entity as defined by FRS 102. The trustees conslder that, although there is currently a small reserve. due to the inherent nature of charltable fundlng and securing the necessary incomè to covÈr ongoing running costs. there are inevitably material unrtaIntieS about the charivs abillty to contlnue as a Eolng COnrn. The presentational currency of the charity is UK sterling. Cashflow The charity has taken advantage of ihe exemption from the requlrement to produce a cashflow slatement becaus2 it is a small tharity- 1.3. Income All Income Is included In the statement of finan¢lal a¢tlvities when the ¢harity is entitled to the incomé and the mount cJn be quantified with reasonable a¢cura¢y. The hllowing specific poli¢ies are applied to particular ate6orie5 of income: Donatlons and le8ades are recelved by way of grants, datiOnS and 8ifts and are Included in full in the statement of financial actlvltles when recelvab'le. Grants where entltlement Is not conditlonal on tho dellvery of a specific performa[ by the charity. are rerogrbised when the charity becomes unconditionally entitled to the grant. Donated servlces and facillties are included at the value to the chartty wherè this can be quantlfted. The value of service5 provided b¥ volunteer5 ha5 not been includÈd. Glfts donated for resale are included as Income within actlvltSes forgeneratlngfunds when they are sold. Grants, including Erants for the purchase of fixed assets, are recognlsed in full in the statement of finanoal activities in the year in which they are receivable. Income from other tradln8 attlwtles is Iluded in the year In which it Is ro¢eivabJe. Income from Investments is included In the year in which It is receivable. Page 8
Rosehill Youth Theatre Notes to financial statements for the year ended 31 March 2024 IA EXnditUre Expenditure Is recognlsed c1n.an accrual ba515 as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and Is reported as part of the expenditure to which it relates. Expenditure on charitable adlvitles comprises thosè cosis.incurred by the Charity in thè dolivery of its 3CtIVLtles and service5 for its beneficiarie5. It rncludes both costs that can be allocated directly to such activities and those costs of an indireci nature necessary to WPPDrt them. Expendlture on raising funds comprises the costs a5SOC12ted with attrartlng voluntary Income and the costs of tradlng for fundraising purposes. 1.5. Tangible fixed a55ets and depreciatton TanElble fixed assets are stated at cost le55 accumulated depreclatlon. Depreciation is provided at rates ?Iculated to write off the ctsst residual value of each asset over its expected useful Ilfe, as follows: Fixtures. fittlnes and equipment 15% rducing balance Financial instruments A financial aet or a financSal Ilability is retognlsed on5y when the entity becomes a party to the contractual provlslons of the instrument. Basic financial instruments are initially recognised at the amount reeèlvable or payable including any related transacrlon costs. unless the arrangèment constitute5 a financlrlg transaction, wherè it is recognised at the prent value of the future payments discounted at a market rate of interest for a slmilar debt instrument. Current assets and current li3baities are subsequently rneasured at the cash or other con5ideratlon e¥pectÉd to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cosr. Financial assets that are me35urÈd at cost or amortlsed cost are revlewed for objertlve eviden of impairrnent at the end of eath reportlng date. If there is tsblective evidence of impairment, an impairment loss Is recognised under the appropriate heading In the statement of finantial acuvities in which the Inltlal gain was recognised. Any reversals of impaSmient are recogni5ed immEdiatelyi to the èxtént that the reversal does not result in a carryin8 amount of the flnanclal asset that exceeds what the carrying amount would have been had the impalrment not prevlously been recognised. L7. Leasing Rentsls payable under operatln8 leases are tharged agalnst Income on a stralght line basis overthe lease term. 1.8. Stod( Stock is walued at the lower of cost and net realisable value. Pagè 9
Rosehlll Youth Theatre Note5 to financial statements forthe yearended 31 March 2024 Donations and legacie5 Unrestrlcted funds Restrided funds 2024 Total 2023 Total Donations Hadfield Trust 8ackstage Trust CAF unl UniDn Whitehaven Town Council Lanca5t2rTrust Flnn Famlly Fund Sellafield Dobies Chartiable Trust Snowball Charity l H Burn Trust Souter Chaiitable Trust Cumbria.Community Foundation Zedra Trust GarrId Weston The Brian Wilson Charitable Trust CKDCF Bryan Lancaster Trust Expat Foundatlon National Lottery Community Fund Proven FamilyTrust Cash 4 Klds Samaritan Christadelphlan Fund The SlaterTrust Cumbria CF Warm Hub Fitton Trust GrouThlwork Sir Bernard & Lady Schreier Foundation Edward Gostling Trust Whitehaven Town Council Dunnery Trust Irvlng Memorial Cumbria,County Council Alchemy Foundation 651 651 3,750 3.324 3,750 10.000 loo 500 1.000 300 3.OOJ 1000 3,333 350 3,333 350 400 5.128 300 4.000 4,000 500 4,OlJ) SC 1,000 5,OOCI 5.OQJ 2.000 500 300 12,500 10.000 500 300 12,500 10.000 25,000 41)0 800 500 150 800 500 150 150 7.000 30D 1.000 i.ooo 5,000 500 loo 500 loo 1,000 1.500 482 1,000 1,000 1.133 45.283 46,416 73.402 In 2023 of the Income from donatlons and legotles, £70.078 was attdbutable to restricted income funds wlth the balance of E3,324 belng attrlbvtable to unrestrlcted Income funds. Page 10
Rosehlll Youth Theatre Notes to financlal statements forthe year ended 31 March 2024 Income from charitable activities Unre5trtrted funds Restrfrted funds 2024 Total 202a Totsl Grants for workshop5 ricket sale5 and front of house Subscriptlons 16.139 16.139 36,530 925 17.428 26.548 830 36,530 925 37.455 16.139 53,594 44.806 In 2023 of the income from charltab]e activities E6?52 wa5 attributable to restrlcted income funds, with the balan of £37,854 being attributable to unrestricted income funds. Other trading actlvltles Unrestrlcted funds 2024 Total 2023 Total Fundralslng events Sponsorshlps Roorn and fadlliles hlre Bar and food sales 470 470 260 I80 29.413 64.262 59,933 81,276 59,933 81,276 141,679 141.679 95,015 In 2023 all of the Income from othertradlng activities was attrlbutable to unrestricted income funds. Investment income Unrestrlrted funds 2024 Totsl 2023 Total InvÈstmont income In 2023 all of the Income from investment Income was attribuiablo to unrestricted fund5. Page 11
Rosehlll Youth Theatre Notes to financial statements for the year ended 31 March 2024 Fundralslng tradlng Unrestrlcted funds 2024 Total 2023 Total Bar and shop ¢osis Fundra151ng events 58,B39 57,468 58,839 57,468 47,240 58,055 116,307 116,307 105,295 In 2023 all of the expendlture on fundratslng tradlng was attrlbutable to unrestrlcted funds. Cost5 of charltable actlvltles- by fund type Unr•strlrt•d Restrlct4d funds funds 2024 Total 2023 Total Youth Theatre 93,030 62.052 155,085 138,631 93,030 62,052 155,085 138.631 In 2023 of the costs of charltable activltlos, £71,121 were attrlbutable to restrlcted funds, wlth tho balance of £67,360 bein8 attrlbutable to urire5trlcted fund5. Costs of charltable actlvltles- by artlvSty Attlvltl•s undertaken directly 2024 Total 2023 Total Youth Theatre 155,085 155,085 138,631 155.085 155,085 138,631 Employees Employment costs No salarles or wages have been pald to employees. induding the trustees. during the year. Page IZ
Rosehill Youth Theatre Notes to financial statements forthe year ended 31 Mah 2024 FIMturES, ffttlngs and equlpment IIL Tanglble fixed assets rotal Cost At l Aprll 2023 Additions 127,817 16.OtK) 127.817 16,000 At 31 March 2024 143,817 143.817 Depredatlon At l April 2023 Charge forthe year 49.363 14,175 49.363 14,175 At 31 March 2024 63.538 63.538 Net book values At 31 March 2024 80,279 80.279 At 31 Mar¢h 2023 78A54 78,454 IL Debtors 2024 2023 Trade debtors Other debtors Prepayments and accrued income 1,385 1.080 2,074 L581 1,581 2,966 4,735 IL Credltors: amount5 falling due uiithin one year 2024 2023 Trade creditors Other taxes and soaal securlty other creditor5 Accruals and deferred income 57,515 2,g27 800 10,137 3&861 10.201 71,379 49.062 Page 13
Rosehill Youth Theatre Notes to financial Statements for the year ended 31 March 2024 13. Anatysls of net assets between funds Unrestrirted funds 2024 Restrlcted fund5 2024 Total fund5 2024 Fund balances at 31 March 2024 as'represented bv.. Tan8lble flxed assets Current assets Current liabilities 80,279 4,542 164,7111 80,279 11,209 171.3781 6,667 16,6671 20,110 20.110 Unrestrlcted Restrlcted 2023 2023 Total 2023 Fund balancos at 31 March 2023 35 represented by.. Tanglble fix¢d assets Currént assets Current Ilabllltles 78,453 15,288 144.5631 78,453 20,417 149,0621 5,129 14,4991 49,178 630 49,808 14. Analysls of mov•m•nts In unrestrkted fundi At l Aprll 2023 At 31 Mar¢h 2024 Income Expendltur• Transters General funds 49,178 180,269 1209,3371 20,110 AnalysSs of movemènts In unrestrlcted fvnds- prevlous year At l Aprm 2022 At 31 March 2023 Income Expendlture Transfers Geneial funds 80,510 136,194 1172,6551 5,129 49,178 Purp05e5 of unrestrlrted lund$ The charlty's unrestrlcted funds caft be used with the approval of the board of trustees to fund any expendliure whlch falls wlthln the ¢haritV'5 general alms and oblectlves. Page 14
Rosehill Youth Theatre Notes to flnancial statements tor the year ended 31 March 2024 15. Analysis of movements In restrlcted funds At l April 2023 At 31 March Z024 Income Expenditure Transfer5 Other restrlcted fundlng 63D 61.422 162,0521 Analysis of movements In restrlcted funds- previDu5'year At 31 Marth 2023. l Aprll 2022 Income Expenditure Transfers Other restricted funding 77,030 171,2711 15.1291 630 77,030 171.2711 15.1291 630 Purposes of restricted funds Restricted fvnding of £61,422 received during the year ended 31 March 2024 was fully5pent during the year. Restrlcted funding was reiVed durlng the year ended 31 March 2023 totaling ETI,030. Of this arllount £76,400 was spent during the year, includln6 £5,129 on fixed assets, whtch have en transferred to unrestrfcted fvnds once the donor's wishe5 were meL Pa£e IS
Rosehill Youth Theatre The following pages do not form part of the statutory accounts.
R05ehill Youth Theatre Detailed statement of flnancial activities For the year ended 31 March 2024 20Z4 2023 Income Donation5 ond lego¢ies Donations Hadfield Trust Backstage Trust 651 3.750 3,324 io.ooo loo 500 1,000 300 3,000 Unste Unlon Whitehaven Town Councll Lancaster Trust Finn Famlly Fund 2,000 3,333 350 Oobles Chartiable Trust Snowball Charity J H BumTrust Souter Charitable Trust Cumbrla Community Foundatlon Zedrn Trust Garfield Weston The Brian Wilson CharltableTru5t CKDCF Bryan LancasterTrust Expat Foundation Naiional Lottery Community Fund Proven Famil¥Trust Cash 4 ld5 Samarttan chrlstadelphian Fund The Slater Trurt Cumbria CF Warm Hub Fitton frust Groundwork Sir Bernard & La(Jy Schreier Foundatlon Edward Gostling Trust Whitehaverh Town Council DunneryTrust INlng Memorial Cumbria County Councll Alchemy Foundation 400 5.128 3j 4,OfyJ 4,000 500 l.O¢J) 300 12,500 10.000 25.C#)O 400 500 150 150 7,000 300 LOO I,QOD 5.QOO 500 loo 1.000 1.500 1,000 46,416 73.402 Othertmding octivlties Fundraislng events Sponsorships Room and facilities hlre 8ar and food sales 470 260 1.080 29,413 64,262 59,933 81.276 14L679 95,015 Pa8e 17
Rosehill Youth Theatre Detailed statement of financial artiviti For the year ended 31 March 2024 Investment Income Bank intsrest receivable Income from charttable activities Grants for workshops ricket sale5 and front of house Subscriptions 16,139 36,530 925 17,428 26.548 83 53594 44.806 Total Income 24L691 213.224 p18
Rosehill Youth Theatre Detalled statement of financial activities For the year ended 31 March 2024 Expenditure Expendlture on ralslng funds: C05t of goods 501d and other costs Burt7ndshop costs Shop costs- Opening stock Bar and food purchases Bar and shop- Closlng stock 3.000 58,839 13,0001 3.O¢J) 47.240 13.0001 58.839 47.240 Fundrnlslng events Events- PuTcha5es 57,468 58,055 57,468 58,055 Total expenditure on raising funds 116.307 105,295 Pase 19
Rosehlll Youth Theatre Detailed statement of financial activities Forthe year ended 31 March 2024 2024 2023 Expendlture on charitsble activities Youth Theatre Activities undertaken directlv Show expenses Rent Equiprnent leasing Service charges Rates and water Light and heat Repair5 and maintenance Insurance aeaning and trade waste Accountanryfee5 Legal and professional fees Telephone AdvÉrt15ing and promotion Printin8, POSta8e and stationery Other costs Depreclation Other costs 4*27 28,005 ¥296 7,385 2.253 27,120 5.848 5,897 8,051 3,202 3,495 1.153 34,387 702 7,288 14,174 16,531 28,005 1,568 7,385 26,946 2.119 5,986 3.691 2,210 2.750 1.232 &081 515 17,759 13,851 155.082 138.631 Youth Theatre total expenditure 155.082 138,631 Total Charitable actlvlty expenditure 155,082 138.631 Net Income/{expenditurel for the year 129,6981 130.7021 Page 20