Charity gISt[all JMm)ber. 1132729 Five Towns Theatre the Year F{ka 31 March 2024
Five Toiwns Theatre Contcnts (continued) 2to3 Ststepjent of Fitiallcial Activiti Bklauce Sbegt Notes to the Fitw¢ial 7t0 11
Five TOWDS Theatre R¢fereDce and Athn1Jtrt1ve DetsiLs Ch*lrma Keith Ragd81 Tru$t¢es 3w¢tte Holliu3 Abty Eva$ Charity Regththbll Numbtr 1132729 Principal oifKe 122 w{1)fieldS Driv¢ srj 5JH Independelll EXkner VAST Duds Celltsr HaEdey StOkc-(-T[et STI 5DD
Five Tovrns Theatre Trtrts, Rewprt The mislees PTeseni Ihe 8Tmual reix)rt logether with the fiDatie1 taents of tbe Charity for the year ended 31 March 2024. Objettiveb and ctfrvltk8 Objects To advatsce th¢ edu1 of YO peIe ID the Ferfornhing 8th1 draTllAtic arts in order to iULprove their conditioDS of lif¢ aThi d¢velop their skllls wilie5 arml ¢4)Abikn to eth1¢ to [1¢1pte in socicty as ature and resw)tisible itidividuals. Iighiing and sound equipn¢Dt hite and advic Publie hvne 'Thc trnSte confjrni that they have coEupliol with the EEquir¢m¢nts of 17 of th¢ Charities Ad 2011 to havc due regard the public benefit 2u1(knn publis by the Charity C(xnmisgion fr¢ a1 Waleg. Aeblevements Yawd perfonnance . Two major productions ID tbe 2023f24 se&wn. 'JOSFPH ANI) THE AMA71NC. IECHNICOLOUR DRFAMCOAf 8d'SCHOOL OF ROCK, pregemixl at The Stoke R¢Ory Theatre . Summer S¢h(Kpl throughtt AU in of'siiREK IIIE MUSICAL Juni(x' at The Stoke Repertory Theatre. . Five 'fowns Academy has saw all ow yw peopk their nmtsical 8rd theatri( devCkytt thowgll txaminatioDs 8overntd by LAMDA all xbieviJ)g Meril or Distincti . . Five Towns TeclJDical proyiding eqUiptl 8lld pusonal techlly1 to over 30 other produdion nalionalty alld IIKa]ty. . Continuatioll of SuFÉrstars enablillg clJildteD 8dditi(xLg1 to tb¢r (kveiopment of social and pers1)nal deVelopnl skills through dram& Lontillued growt Record Keeping accounis. SttKk control of tuck Kght atMI sol Adoption of VaTiOUS rewts aDd policies Doi prcvjosIY in pla(t.
Five Tovlns Theatre Trustees, Report (tIlled) FÉDandal revSew Pow Im raerves Five Towns Theatre do CUlltty knld reserv&% therefoEe ll(have a p)Jicy in Pla However there is a wlicy iemplat¢ re8ty Sh[ld the need aTÉSe. and fees payabl¢ f Fiv¢ TowrLS Techni for the suppty of equ4ytu1 &)d ttrs(xJal iethid St for other All monits are ty invested back itito the gr¢)w> for pJYthiD8 show4 wovidillg tiainitig fxi]ities through our Structur4 goveruall¢¢ ¥d uLgnag¢ment Nathre ofgo%wnins The charity is govettLed by ifs 24 My 2(Q), & by spxial rwlution dated 16 October 2009 atbd siglled its behalf by.. HolliDs Tn¢
Five Towns Theatre Independebt Examiner's Rep)rt to the Irustees of Five Towns Theatre I report to th¢ Irustces i>n my examin ofthe a(ts of Five ToTrvns Theatre for the year ended 31 March 2024. RpOnsIbl11tiej basts ofreport As the clwity tnt5 of Five ToTriLS Theatre you are re4xthle f the preparati of the XWUDts in a¢wrdancc with the rwuiretneots of the c1wit1 A( 2011 ('the Ait.). I report ID W of my ofthe Five Towns The4tsE'S accimmts ¢aITI out wjdw sethioll 145 of thc 2011 Act atld to CRnyiD8 oul my exaliii I bave followed all thc applicable DireCti(m given by tbc Charity Commission uudtt sethioD 145(5Xb) of the Act Ixdepelldeot eMIller's $tstement- matter of concern wjellofled I have o)tnpleted exami i bave Identifi mattefts of concern that rttordg have ot been adequetly kepl as required by section 130 of the Act VlbDst ati trthLStiorts hwj F£¢0 rreothl on the ae¢ouDtawy sofiwar4 no hard copies werr kept to vttify the Teaxds. l. the acc¢)unts do Dot ace(Ydwith tlA(w reaKds" or set out ill thc Charilies (Accounts aud R9) Regulati 21KI8 other tbatt ally miuiremeni that the accounts we g '1j 8nd fair whi¢h a maller coTr8idered ¥ of all illdependent Daryl DeD50n VAST ld$On CCD Halllcy Si(Qc-on-Trent StaffordshirE STI 5DD 0810712025 Page 4
Five Towns Theatre ststement of Financid Aclivitses for the Year Ended 31 March 2024 Unrestricted Total 2024 Income abd EndowmeBts from: Donatious and legaeies Chatitabl¢ a¢tiviti Othtt trading acfivities 3,491 85.631 73598 3.491 85,631 73,598 161720 161720 EndIthre on.. Ch2rtÉable activilies (113.861) (48238) (113.861) 48,238) Total expenditiwc iucome 162,099) (162,099 621 621 Net movement in finKL 621 621 RecoDciltation of fukds Totsl funds bmugbt forwaTd 5,080 5,080 Total fundg caled fmvard 5,701 5.701 Totsl 2023 furjds locome and Ettdowments from: Donaiitsns and lega¢ies Charitabl¢ activities (kber ltsding activities Total in¢ollLe 16,829 33.803 2.131 16,S29 33,803 82,131 131763 132,763 Eipenditure on: Raising fimds Charitable activiti&s (IIKfj.712) 42,006 (106,712) (42.006 Total fApenditire Net exttnditure Nct moveTnent in fillMIs 148.718 (148,718) (15.955) 15,955 (15,955) (15,955) Re£on¢iliutloD of funds Totsl fi]nds brought forward Toial fimds carried foEward 21.035 21.035 li 5.080 5,080 The fi]nds breakdown f2023 ts 5knwD illn(*e I l.
Fiv¢ Towns Theatre (Registrath)n Dumber. 1132729) Balance Sheet as at 31 March 2024 2023 Note Cash at bank in ha 6,087 5.080 (6.1187) (5.080) Cr¢dl¢or8: Amoumts rlg du¢ within one year Net *55ets io 5.701 5,080 Fumds of ¢ht eharity: UDre5trieled Income 5.701 5,080 Totsl Cunds 5,701 5.080 ond signed rn their Wwlf by. c HolliD5 TrJsÈcc Ihe notQ% OD 7 to i i f(xm aD integral fiD8Dcial ststements.
Five Towns Theatre Notes to the Financial Statements for the Year Ended 31 Mareh 2024 l Accountlng potleks S¢atem¢llt of¢ompliaDce R¢¢<mnClldtI Prn¢ti¢e ised in Octobtt 2019. the fiJMtt¢ial RepMtiDg Stsud8Td 8pp]i¢able ID the United Kingdom aDd Rq)ubli¢ of ITclaud (FLS 102) gtKI the Ch4Eitses Ad 2011. B¥siJ ofprepration Five TowDs Theth meets the defiDitioo of a th11c benefit entity ujth FRS 102. The accowits (financial statem¢nts) have beett prepared under thc bistorical ciyst convenlion with XiaDS reco801 at cost or tr8Dsadion Cvoing coDcern The trustees ¢onsikn that there 8re no ]Datcrial alxxrt ability th ntinue as & going lTreome and endowrnents nature is ffGogDised whell the ch8fity entitloneut to th¢ incixnfy it is probabl¢ that th¢ ill¢omc will I received attd the amoulli call be Mea5[¢d with rElTrability. Donotion$ undleR4cie5 relt&blyme&8urcd. Fxpendltu All ¢xpenditure is re¢wll5 on¢¢ there is a legal or cStil1Ve dJli8atirn to that exp¢Dditire, it is pmbablc settlement is required and the am(wJlli can be rncasur&l reliabty. All cos¢s are allocated to the applieabl¢ expenditwe that a88W SI11? ¢(tsts to otegory. Where costs ll0t be directly attn7)Uied to particular beadings they bcejk all(Kated on a b&sis collsisnt with the se of resour(w with ¢etraI staff Logts all(Kated on the b&sts of t1C speoL and detffetiation ch*Ees 4llocattyJ oll ts portioll of the assel's use. Roisinxfynds trading actÈvities th• rdi5e fullds. L'hariiable expcn¢Jiture C(rn tknse costs iDLirred by the chlty in the delivery ofits aciivities gfjd services for its beneficiaries. It irL¢1¢S kn Costs that cgn be all(xated directty to such activities and those costs of 8
Five Towns Tbeatre Not to the FiDancial Statements for the Year Ended 31 Mareh 2024 (continued) TatiO 1Ic cTrAity is consitsEd to p8 the tests t (MM ID Paragr¥ph I S¢Trth 6 of the FiJJan¢e A¢t 2010 8lld therefore it meets the definition of a charitsblc cthnpftlly for UK Tax wtrtises. A(xordingty, the cILariiy is F¥Trt¢ntially exempt taxati in rw of inc(Mne OT gains receiv&J within categories covered by Chaptez 3 Part i i ofthe Cotpfdtioo I"ax A¢ 2010 or titht 256 of the Taxion of ChBeable Gains Act 1991 tothe exteDt that suth gaInS are appliexcIs1Vety to ebaritabk PTwes. Tan%ibk rued aknets Casb abd cash equÈvaknts Cash 2nd cash equivalents ¢otuwise ¢sh on hd call dqlI Alld ots short.term bigbty jiquid inyestmcnts that att readily conve7¥1¢ to 8 ktK)wn 011 of c&th aDd #TE subjed lo ittstgDific8nt risk of cbange in value. Trgdo ereditors arc oblTgations io pay g(Kxts or let$ that have Ixell acqutrtyj the ordiw cix]rse of businoss frotn supplters. Accoullts payable are classified as cuttdtt liabiknes if the does w have an rigb¢ at th¢ end of the reportillg E>erirf ts) thfer settlement of the crojitor at le&st twelve m¢Mths aftcr the rqxjrting date. If there 15 an unc0lldÈtiaj rigbt lo defer r(Y at twelve rnth5 after the reFKJrting date, they are tnterest method. Fund strnet Unresrrictcd itiGom¢ ar¢ gcn¢rnl fuuts are availabk f(Y le at the trjstees diS(Yet1 in furtheJYn¢e of th¢ obitIVeS of the charity. 2 Income frt)th dollth)ns •nd ltgaei Tot•l Gelleral Ilollations and Iyies" Donaiii)Trs indivithjals 3.491 3,491 Totsl for 2024 3.491 3,491 Totsl for 2023 16,829 16,829 Page 8
Five Towns Thtre Notes to the Fiaaneial Statements for the Year Ended 31 March 2024 (CODtinued) 3 Income frow ¢harhable adivi¢ Totsl nds GeDeral Acadmy Clothiog Sales Conswoables EquipnKDt Htre Room Hi Superstars Tuck Shop Sal&s 26.450 2,108 773 43.615 26.450 2.108 773 43.615 3,(M)O 887 1,298 887 1.298 TO( for 2024 78.13 I 78,131 UnreBtricted ds Gener*1 Total 2023 A¢tivitiC5 33,803 33.803 4 Ittcome from other trading athilies Totsl fund& Genernl Trling income. Sales of g£M)ds and Sery1 MeberjP subscrimions 60.195 11521 882 60.195 11521 882 Total for 2024 73,598 73,598 Total for 2023 81131 82.131 5 Expenditsre om raisiDg fllmds ) Costs of trading athities Page 9
Five Towns Theatre otes to the Financial Statements for tbe Y¢ar Ended 31 March 2024 {¢ontiDued) nds Gener4J Tolal nd$ Note undraising traditig costs. Fundraising 113.861 113,861 Total for 2024 113,861 113,861 Totsi for 2023 IINS,712 106,712 6 Expenditsre on eharilable actlvhks Aetivity dertakn dirett]y To¢al penditsre contr*1 Paymethts Costume Hire 25,506 25,506 2.246 4,504 7.225 5,727 Royaltits and Rentals 1kneatre Hire 4.504 7225 5,727 Tot#] for 2024 45208 45,208 Unrestrfft£ted ds Genernl Totsl 2013 Note Activilies 42.(X 42.006 7 Trustees remnller8tion •tsd expenses Pgge io
Five Theatre Notes to Ihe FiBancial Statements for the Year Ended 31 March 2024 (¢ODtinued) Taxation 9 Cub and cth tqBivakDts 21)24 Cash halld C&5h baDk 347 5.740 5,080 6,087 5,080 10 CredltoT&' falling due within ov¢year 2024 386 11 Fund8 Blanc¢ at l Ba]aMte a¢ 31 Marcb 2024 Unrestrirt funds Ger1 Gcllcral FutM14 5.080 162.720 162,099 5,701 BlaDce *É I April 2022 Balance at 31 Marcb 2023 pended Unrestricted General Funds 21,tr35 131763 14&718 5.080 12 Related party Iransat Pagell