REGISTERED COMPANY NUMBER: 6757807 (England and Wales) REGISTERED CHARITY NUMBER: 1132045
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 FOR HAVANT DYNAMO YOUTH THEATRE
HAVANT DYNAMO YOUTH THEATRE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner’s Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 14 |
HAVANT DYNAMO YOUTH THEATRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2026
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2026.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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 (FRS 102) (effective 1 January 2015).
CHAIRMAN’S REPORT
I would like to thank the Trustees, Artistic Directors, Session Leaders, Committee, and all volunteers for their work in supporting Dynamo during this year. Richard Watts has had to step down due to health concerns though thankfully remains involved with the group especially with the Mo’s House project. Sadly, Andrew Bowker had to step back as a Trustee but still remains very involved with the sessions and the artistic progression of the group. Wendy Willats has also stepped down as trustee, but remains involved with costumes. Fritz Simpson and Frank Hunwick have also stepped down as trustees. My thanks go to all of them for their support of the group.
We remain committed to providing the members with exciting and diverse opportunities to perform.
Our Dynamites group for 7 to 11 year olds has flourished and several members have now moved up to the Dynamo group. Ryan Rock and Max Haynes continue to lead the group with enthusiasm and hard work. My thanks go to them and to Ben and Beth Griffiths and Karen Dwight for all the admin work for the group. Also, thanks to those Dynamo members who help run sessions.
As always, we struggle with help to run the group so if anyone can help, please speak to one of the trustees or steering group. We are lucky to have several ex-members willing to return to the group as adult helpers. Assisting not only with direction, dance and music but also with the backstage roles of publicity and stage management.
The company continues to use Mo’s House for rehearsals, meetings and construction. The trustees have agreed terms to amend our lease. This will provide us with the security to invest in the improvements required. The Trustees recognise the need to fundraise to fully develop this space. It is a very exciting opportunity to expand the group. We face some issues with use of the hall for extra sessions due to increased pressure from hirers, so having Mo’s house is important for the development of the group.
We are grateful for the support of The Pallant Centre during normal sessions, rehearsals and during production weeks. We continue to be one of the partner groups at The Spring Arts and Heritage Centre where the sixth form show is performed each year.
Once again, the senior section, Dynasty, formed in 2011 has not been active during the year but we are still hopeful that this can be restarted at a future date. It is however pleasing to see that several ex-members have performed in other amateur groups in the area.
OBJECTIVES AND ACTIVITIES Purposes and activities
The purposes of the charity are:
To advance the education for the public benefit by the promotion of the arts, in particular, but not exclusively performing arts.
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HAVANT DYNAMO YOUTH THEATRE
To help young people, especially but not exclusively through leisure time activities involving performing arts so as to develop their capabilities so that they may grow to full maturity as individuals and members of society.
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2026
ACHIEVEMENT AND PERFORMANCE
Havant Dynamo Theatre has continued to thrive this year especially due to the commitment and enthusiasm of its young members and volunteers. Without their support none of the activities would be possible.
Following tradition, the year began with the annual Shield event, giving the members the chance to devise, direct and perform their own short piece of original theatre. Our directors and members displayed skill and enthusiasm in their pieces. Congratulations to all, especially Savannah Jackson who took the Liz Goodbody Shield.
In March we again went on an additional theatre trip, this time to the Mayflower to see Hamilton.
In early May the members held a fundraising Casino Evening with 1920’s theme.
Our summer show was The Pied Piper, directed by Asti Hayes with Barney Hayes as the Musical Director, both sixth formers, again with assistant directors drawn from the older members and support from session leaders. The members also helped to create the costumes, props and sets, with the rats’ costumes being particularly challenging.
Over the summer months our members were welcomed by Max Haynes and Ryan Rock, with the support of Andrew Bowker, to Dyna-nights sessions at Mo’s house. This was a great opportunity for our members to stay in touch and enjoy being together when regular sessions were on hold for the summer holidays.
Bleak Expectations directed by Mary Fletcher assisted by Ryan Rock and Max Haynes was this year’s thoroughly enjoyable Sixth Form Play held at the Spring. An interesting set build was required for this play, thanks to the team.
The autumn term was filled with a round of workshop activities as well as our annual October trip to the West End. This year the group saw Harry Potter and the Cursed Child, which is a two play show, in addition they enjoyed the sights of Covent Garden. The fundraiser, organised by the members was a Freshly Minted Days evening which was enjoyed by all. Dynamo will now celebrate National Spatula Day on 19[th] October.
DYT then turned to our highly anticipated Christmas show and this year it was Treasure Island directed by Max Haynes and a team of adult and member directors. This is always our biggest production, bringing together so many vital supportive adults to enhance the performance experience of our young members. Once again Mo’s house was a hive of activity with support of many volunteers in construction, set design, props, lighting, costumes and more. Our Front of House team worked efficiently every evening providing refreshments and comfort to our audience members.
The Dynamites group end each term with a show for their families. It is heartening to watch them develop over the year. In March there was a Dynamites Got Talent show, in July “Red Riding Hood” and in December “The Oak Tree” inspired by the book by Julia Donaldson.
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HAVANT DYNAMO YOUTH THEATRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2026
FINANCIAL REVIEW
Membership numbers have continued to grow steadily through the year, with the Dynamites group proving popular. A full programme of shows was undertaken during the year. Premises costs have increased this year and will rise in the future.
Reserves Policy
The trustees consider that the charity needs to maintain a level of general reserves approximately equivalent to the cost of putting on one year’s productions (£7,500), plus the shortfall of administration costs against subscription income (£10,000) and a small equipment purchases buffer (£500). The trustees therefore consider that the ideal level of general reserves as at 31 January 2026 should increase to £18,000, which gives free reserves after deducting the net value of fixed assets of £14,301. A transfer has been made from the designated reserves of £2,749 to bring the general reserves up to the required amount. Free reserves are now in accordance with the policy set by the trustees. The trustees will continue to regularly review the appropriateness of the policy and ensure that the charity hold reserves in accordance with the policy.
There is one designated fund for the future development of the group, specifically in respect of property costs. As at 1 February 2025 the development fund stood at £47,874. The costs incurred in respect of Mo’s House have been allocated to the general account this year as they related to the group’s use. After the transfer to general reserves the balance as at 31 January 2026 stands at £45,125.
The bursary fund, a restricted fund to support those who cannot meet the subscriptions, has received no donations during the year. Therefore, the member requiring support during the year has been funded as a donation from the general reserve.
PLANS FOR FUTURE PERIODS
The hoped for development of Mo’s House has been slow and we are now at the stage of reviewing the quotes, subject to approval from St Faith’s PCC, the planning and building control requirements having been met. The trustees have negotiated a change to our memorandum of Understanding with St. Faiths to reflect the Coach House lease and provide us with more security of tenure. We still hope that if we can build up our bank of adult helpers, we will be able to turn this space into the facility for the technical section. This has long been an ambition, to provide opportunities for youngsters who are interested in the backstage activity rather than acting on stage. However, we will only progress with this group if sufficient adult volunteers can be secured to safely supervise the group.
The junior section, Dynamites, has now been set up for a year and continues to enjoy consistent membership numbers. Several members have moved on into the main group and settled in well. We will continue promotion of the group.
Artistically we intend to continue with a varied programme of plays and shows to broaden experience for the members. The need for adult volunteers to take on the important support and leadership roles for the relevant production teams continues. The group will continue to strive to increase the adult helpers to enable us to provide the varied acting experience we have always achieved in the past.
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HAVANT DYNAMO YOUTH THEATRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2026
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company Number
6757807 (England and Wales)
Registered Charity Number
1132045
Registered Office
29 Mill Close Fishbourne, Chichester West Sussex PO19 3JW
Trustees
A F Bowker (resigned 24 November 2025) Mrs L G Stimpson R C Watts (resigned 12 May 2025) S Weaver Mrs W L Willats (resigned 12 May 2025) Mrs H Jordan-Norris Mrs P A Roberts F G Simpson (resigned 12 May 2025) M J Fletcher R Rock (appointed 11 March 2025) F Hunwick (appointed 11 March 2025, resigned 7 November 2025) Mrs S L Smith (appointed 12 May 2025)
Independent Examiner
Gavin Whitter FCA CTA Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House, Parklands Business Park Denmead Hampshire PO7 6XP
Bankers
Virgin Money 170 North Street Brighton BN1 1EA
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HAVANT DYNAMO YOUTH THEATRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2026
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
Havant Dynamo Youth Theatre is a company limited by guarantee governed by its Memorandum and Articles of Association dated 3 November 2008. It is registered as a charity with the Charity Commission.
The organisation was an unincorporated association, known as Dynamo Youth Theatre, founded in 1981 and controlled by a constitution. A new Charitable Company limited by guarantee was incorporated on 25 November 2008 with the name Dynamo Youth Theatre. A resolution to change the company’s name to Havant Dynamo Youth Theatre was passed on 13 July 2009 and the company was then registered as a charity on 8 October 2009. The company was established under a Memorandum and Articles of Association with the same area of benefit as the unincorporated association.
The charitable company started to trade on 1 November 2009 at which point all assets were transferred from the unincorporated association to the charitable company. The unincorporated association has been wound up. In the event of the company being wound up members are required to contribute an amount not exceeding £10 per member.
The Trustee Directors of Havant Dynamo Youth Theatre form the executive committee and are legally responsible for the overall management, control and strategic direction of Havant Dynamo Youth Theatre. The executive committee meet quarterly. There is a general committee consisting of the trustee directors and volunteer members that deals with the day to day running of the charity and has monthly meetings. There are also various sub-committees dealing with publicity, fundraising and future developments that meet whenever required.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law.
Under the provisions of the Memorandum and Articles of Association the trustees are elected to serve for a term of three years. A third of the trustee directors will put themselves up for re-election at each Annual General Meeting to promote even changes of the executive committee.
Trustees are encouraged to become familiar with their legal obligations under charity and company law.
Risk Management
The executive committee is responsible for the management of risks faced by Havant Dynamo Youth Theatre. Risks are identified and assessed and controls established throughout the year.
There is a child protection policy in place and DBS checks are carried out on all trustees and on volunteers as necessary.
ON BEHALF OF THE BOARD:
Mrs L G Stimpson
20 May 2026
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HAVANT DYNAMO YOUTH THEATRE
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HAVANT DYNAMO YOUTH THEATRE
Independent examiner’s report to the trustees of Havant Dynamo Youth Theatre (‘the Company’)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2026.
Responsibilities and basis of report
As the charity’s 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 your charity’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
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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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 (FRS 102)].
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.
Gavin Whitter FCA CTA
Gibson Whitter Chartered Accountants and Chartered Tax Advisers Larch House Parklands Business Park Denmead Hampshire PO7 6XP
26 May 2026
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HAVANT DYNAMO YOUTH THEATRE
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JANUARY 2026
| Year ended | Year ended | ||||
|---|---|---|---|---|---|
| 31 January 2026 | 31 January 2025 | ||||
| Restricted | Unrestricted | ||||
| Funds | Funds | Total Funds | Total Funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME | |||||
| Income and Endowment | |||||
| from | |||||
| Donations | 2 | - | 1,780 | 1,780 | 1,146 |
| Raising funds | 3 | - | 2,960 | 2,960 | 4,879 |
| Investment income | 4 | - | 605 | 605 | 983 |
| Charitable activities | |||||
| Operation of youth theatre | 5 | - | 34,580 | 34,580 | 31,162 |
| ___ | ______ | ______ | ______ | ||
| Total income | - | 39,925 | 39,925 | 38,170 | |
| EXPENDITURE ON | |||||
| Raising funds | |||||
| Fundraising activities | 6 | - | 1,897 | 1,897 | 1,400 |
| Charitable activities | |||||
| Operation of youth theatre | 7 | - | 40,227 | 40,227 | 35,276 |
| ___ | ______ | ______ | ______ | ||
| Total expenditure | - | 42,124 | 42,124 | 36,676 | |
| NET EXPENDITURE/INCOME | 15 | - | (2,199) | (2,199) | 1,494 |
| AND NET MOVEMENT IN | |||||
| FUNDS | |||||
| Reconciliation of Funds | |||||
| Total funds brought forward | - | 65,324 | 65,324 | 63,830 | |
| ____ | ______ | ______ | ______ | ||
| Total funds carried forward | - | 63,125 | 63,125 | 65,324 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure are derived from continuing activities. An analysis of the comparative figures by fund type is included at note 9.
The notes form part of these financial statements
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HAVANT DYNAMO YOUTH THEATRE
BALANCE SHEET AT 31 JANUARY 2026
| Note Fixed assets Tangible fixed assets 10 Current assets Stock 11 Debtors 12 Cash at bank and in hand Total current assets Liabilities:creditors falling due within one year 13 Net current assets Total assets less current liabilities/ Net assets The funds of the charity: Unrestricted income funds 15 Restricted income funds 15 Total charity funds |
2026 £ £ 3,699 904 3,058 59,336 63,298 3,872 59,426 63,125 63,125 - 63,125 |
2025 £ 990 3,568 59,380 63,938 2,884 |
£ 4,270 61,054 |
|---|---|---|---|
| 65,324 | |||
65,324 - |
|||
| 65,324 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.
The trustees have not required the charitable company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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a) ensuring that the charitable company keeps accounting records that comply with Section 386 of the Companies Act 2006 and
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b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Section 396 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
The financial statements were approved and authorised for issue by the Board of Trustees on 20 May 2026 and were signed on its behalf by:
Mrs L G Stimpson - Trustee
The notes form part of these financial statements
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HAVANT DYNAMO YOUTH THEATRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
1. ACCOUNTING POLICIES
Basis of preparation
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) (effective January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Havant Dynamo Youth Theatre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Cashflow statement
The charitable company qualifies as a small charity and has taken the available exemption for small charities not to prepare a cashflow statement.
Incoming recognition policies
Items of income are recognised once the charity has entitlement to the funds, it is probable that the income will be received, and the monetary value of funds can be measured with sufficient reliability.
Voluntary income is received by way of donations and fundraising activities and is included in full in the Statement of Financial Activities when receivable.
Grants are recognised when receivable and allocated between restricted and unrestricted activities as appropriate. Deferred income relates to grants received in respect of future periods.
Donated goods and services are included at the value to the charity where this can be quantified. The value of service provided by volunteers has not been included in these financial statements.
Investment income is included when receivable.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party or it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
-
Charitable expenditure 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 costs of an indirect nature necessary to support them. These costs include the costs of performances, workshops and theatre trips.
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Costs of raising funds comprise all costs incurred in fundraising activities.
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Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include administrative and governance costs which support the charity’s activities.
Irrecoverable VAT
The charity is not VAT registered and irrecoverable VAT is charged against the category of resources expended for which it was incurred.
Allocation and apportionment of costs
All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.
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HAVANT DYNAMO YOUTH THEATRE
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JANUARY 2026
1. ACCOUNTING POLICIES – continued
Stock
Stock is included at the lower of cost or net realisable value.
Stock is valued on a first in first out basis.
Tangible fixed assets
No depreciation is charged in the year of acquisition. Depreciation is provided in order to write off each asset over its estimated useful life as follows:
Equipment - 33% on cost
Individual fixed assets costing £100 or more are capitalised at cost.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted donations have been utilised in accordance with the donors’ wishes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INCOME FROM DONATIONS
| 2026 Restricted 2026 Unrestricted £ £ Donations: general - 1,120 Gift aid reclaim - 660 ___ _____ - 1,780 AISING FUNDS 2026 Unrestricted £ Fundraising Shows: ticket receipts 317 Other fundraising activities 2,643 _____ Total income from fundraising activities 2,960 |
2026 Total £ 1,120 660 _____ 1,780 2026 Total £ 317 2,643 _____ 2,960 |
2025 Total £ 116 1,030 _____ 1,146 2025 Total £ 1,450 3,429 _____ 4,879 |
|
|---|---|---|---|
3. RAISING FUNDS
Other fundraising activities include refreshments at productions, promotion of T-shirts and Hoodies to participants.
4. INVESTMENT INCOME
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Interest on Gift aid reclaim | - | - |
| Bank interest – UK | 605 | 983 |
| ___ | ___ | |
| 605 | 983 |
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HAVANT DYNAMO YOUTH THEATRE
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JANUARY 2026
5. INCOME FROM CHARITABLE ACTIVITIES
| Operation of Youth Theatre Subscriptions Income from stage performances: Admission charges and programmes Theatre trip Total income from charitable activities |
2026 £ 17,256 13,746 3,578 ______ 34,580 |
2025 £ 13,827 14,420 2,915 ______ 31,162 |
|---|---|---|
6. ANALYSIS OF EXPENDITURE ON RAISING FUNDS
| T-shirts and Hoodies Refreshment and other fundraising costs |
2026 £ 674 1,223 _____ 1,897 |
2025 £ 261 1,139 _____ 1,400 |
|---|---|---|
7. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
| 2026 Restricted 2026 Unrestricted Stage performances and workshops £ £ Production costs - 7,665 Theatre trips and festival costs - 3,550 Depreciation - 725 Profit on disposal of fixed assets - - Insurance - 570 Bursary provided in the year - 306 Support costs (see below) - 27,411 ___ - 40,227 Analysis of Support Costs Premises costs Repairs Computer software Advertising and marketing costs Telephone Legal and other professional fees Finance Insurance: Fidelity Sundry expenses |
2026 Total £ 7,665 3,550 725 - 570 306 27,411 __ 40,227 2026 Total £ 23,299 1,350 705 551 72 631 21 258 524 ____ 27,411 |
2025 Total £ 8,091 2,283 725 (243) 570 240 23,610 __ 35,276 2025 Total £ 21,681 - 729 - 84 705 71 319 21 ____ 23,610 |
|---|---|---|
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HAVANT DYNAMO YOUTH THEATRE
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JANUARY 2026
8. NET INCOME / (EXPENDITURE) FOR THE YEAR
| This is stated after charging: Depreciation Cost of independent examination |
2026 £ 725 600 |
2025 £ 725 594 |
|---|---|---|
The charity had no employees in the year (2025: none).
The charity trustees were not paid or reimbursed expenses during the period and no charity trustee received any emolument or payment for professional or other services.
9. ANALYSIS BY FUND FOR COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES
| Restricted Unrestricted INCOME AND ENDOWMENTS FROM £ £ Donations - 1,146 Raising funds - 4,879 Investments - 983 Charitable activities Operation of youth theatre - 31,162 _ _ Total income - 38,170 EXPENDITURE ON Raising funds - 1,400 Charitable activities Operation of youth theatre 108 35,168 __ Total expenditure 108 36,568 Net income and net movements in funds (108) 1,602 Total funds brought forward 108 63,722 _ ____ TOTAL FUNDS CARRIED FORWARD - 65,324 |
Total £ 1,146 4,879 983 31,162 __ 38,170 1,400 35,276 _ 36,676 __ 1,494 63,830 ______ 65,324 |
|---|---|
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HAVANT DYNAMO YOUTH THEATRE
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JANUARY 2026
10. TANGIBLE FIXED ASSETS
| Equipment | |||
|---|---|---|---|
| 2026 | |||
| £ | |||
| Cost: | |||
| As at 1 February 2025 | 23,514 | ||
| Additions | 154 | ||
| Disposals | - | ||
| _____ | |||
| As at 31 January 2026 | 23,668 | ||
| Depreciation: | |||
| As at 1 February 2025 | 19,244 | ||
| Charge for the year | 725 | ||
| Less on disposals | - | ||
| _____ | |||
| As at 31 January 2026 | 19,969 | ||
| Net book value | |||
| As at 31 January 2026 | 3,699 | ||
| As at 31 January 2025 | 4,270 | ||
| 11. | Stock | ||
| 2026 | 2025 | ||
| £ | £ | ||
| T-shirts and Hoodies for participants | 904 | 990 | |
| Costumes are written off in the year of acquisition; however, they are insured for | replacement | ||
| purposes. |
| 12. DEBTORS Other debtors 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors and accruals |
2026 £ 3,058 2026 £ 3,872 |
2025 £ 3,568 2025 £ 2,884 |
|---|---|---|
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HAVANT DYNAMO YOUTH THEATRE
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 JANUARY 2026
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| General | Designated funds |
Designated funds |
2026 | 2025 | ||
|---|---|---|---|---|---|---|
| Funds | Development |
Total | Funds | |||
| £ | £ | £ | £ | |||
| Fixed assets | ||||||
| 3,699 | - | 3,699 | 4,270 | |||
| Current assets | ||||||
| 18,173 | 45,125 | 63,298 | 63,938 | |||
| Current liabilities | ||||||
| (3,872) | - | (3,872) | (2,884) | |||
| ______ | ______ | ______ | ______ | |||
| 18,000 | 45,125 | 63,125 | 65,324 | |||
| MOVEMENT IN FUNDS | ||||||
| Funds | Incoming | Resources | Transfers | Funds | ||
| 31 January | resources | expended | 31 January | |||
| 2025 | 2026 | |||||
| £ | £ | £ | £ | £ | ||
| General fund | 17,450 | 39,925 | (42,124) | 2,749 | 18,000 | |
| Designated funds: | ||||||
| Development | 47,874 | - | - | (2,749) | 45,125 | |
| ______ | ______ | ______ | ______ | ______ | ||
| Total funds | 65,324 | 39,925 | (42,124) | _ ____- | 63,125 | |
| Name of fund | Description, nature and purposes of the fund | |||||
| Unrestricted funds: | ||||||
| General fund | The “free” reserves after allowing for all designated funds. | |||||
| Designated funds: | ||||||
| Development | Designated development fund | for the future expansion of the | ||||
| group and acquisition and | refurbishment of property facilities. |
15. MOVEMENT IN FUNDS
16. LEGAL STATUS OF THE CHARITY
The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.
17. ULTIMATE CONTROLLING PARTY
During the year the charitable company was under control of its members, no one member has overall control.
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