Charity registration number: 1132729
Five Towns Theatre
Annual Report and Financial Statements for the Year Ended 31 March 2025
Five Towns Theatre
Contents (continued)
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 11 |
Five Towns Theatre
Reference and Administrative Details
Chairman Keith Ragdale Trustees Jeanette Hollins Abby Evans Edward Costello Eileen Ragdale Charity Registration Number 1132729 Principal Office 122 Westonfields Drive Stoke-on-Trent ST3 5JH Independent Examiner Daryl Denson ACMA VAST Dudson Centre Hanley Stoke-on-Trent Staffordshire ST1 5DD
Page 1
Flve ToiFn5 Tbeatre Trpslees, Rert arch 20?5. Objetiiyes tsd etfvitles Ohiecls alldiims To gdvanee the educ10 of young peop]e the fOrming atth dranjtr 8T in order to itnprove their collditioll5 of lif£ aud develop th¢ir Ski c4)aciries w¥bihies io te tlxcm to partiripaie ill Sf)ciety Hs ture aod r¢spousible iudti'idua&. ligkting BThl giMAyd LVltpmLxx hire. adTriee. Th¢ tiiths i¥fflfimi tkét tw ¢•1¢d 4ith WUif¢TS)tiKs of f£Ctivo 17 (If C.11¢5 Aei UI I hair duc Irgu to thc publlc bencfit 8tbdttJ2ce pth1js1 by" the cIlty Com[nl0 for Engld Wttlcs. Poliry rEsEn Five Thewe do cutrentlv knldreseTrrs therefe d¢Dw bxwe apAtcY its plaeL Eloweve¥ there is policy ietnplaie ready 9hoidd the Deed aTi5e. All funds and income are rnise41 througb ts¢k¢t Sal for sl¥)ws, sub%Yiptt"oos mcmknhyp fees. sal¢ of and ft¢s pa!Table fw Five TO¥V Te¢hniLal for the suppls personal QclJn?cxl supw for Dther eonmnwiiry wups. We akn try to source fiaillg 8nd grants ftom various orgalltsattons. All nK)nie% att re inv&d back into the 8roup for prrxknng pro¥idin¥ training faciliti thtough Arknv, nming the Sr$ group 1£ t"¢$ on thilthen with IndiNrydual 3*ed%, Tll1, ]I}Iv and aintenance ciws for our building atyl replatunent of technical equipmcni as Teqwr October 2th)9 - 2s l.. glgtsed Trts behalf by: Truslee
Five Towns Theatre
Independent Examiner's Report to the trustees of Five Towns Theatre
I report to the trustees on my examination of the accounts of Five Towns Theatre for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of Five Towns Theatre you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Five Towns Theatre's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement - matter of concern identified
I have completed my examination. I have identified matters of concern that ....
I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
...................................... Daryl Denson VAST
Dudson Centre Hanley Stoke-on-Trent Staffordshire ST1 5DD
Date:.....28/01/2026........................
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Five Towns Theatre
Statement of Financial Activities for the Year Ended 31 March 2025
| Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Total income Expenditure on: Raising funds Charitable activities Other expenditure 7 Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 12 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Total income Expenditure on: Raising funds Charitable activities Other expenditure 7 Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 12 |
Unrestricted funds £ 23,210 97,835 89,339 210,384 (137,560) (54,825) (5,817) (198,202) 12,182 12,182 5,701 17,883 Unrestricted funds £ 3,491 85,631 73,598 162,720 (113,861) (45,498) (2,740) (162,099) 621 621 5,080 5,701 |
Total 2025 £ 23,210 97,835 89,339 |
|---|---|---|
| 210,384 | ||
| (137,560) (54,825) (5,817) |
||
| (198,202) | ||
| 12,182 | ||
| 12,182 5,701 |
||
| 17,883 | ||
| Total 2024 £ 3,491 85,631 73,598 |
||
| 162,720 | ||
| (113,861) (45,498) (2,740) |
||
| (162,099) | ||
| 621 | ||
| 621 5,080 |
||
| 5,701 |
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 6 to 11 form an integral part of these financial statements. Page 4
Flve Towns Thtre {Reg1th number: 11327291 Balxnte Sheet as at 31 March 2025 2825 eash at lyank and ijt haTh4 17,883 6,087 (17.t(11.i) (&(187) Creditors: Amoullts falline du¢ witkill 4)rt¢ year Nei assets 17.88.? 5,701 Fllnds of the cb*rity: Lfbres¢ricted incotne funds 17.881 5,701 Totsi fond6 12 17.883 i,701 . bnd slyd on theiT behr by. Tn&tev Pdge 5
Five Towns Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Five Towns Theatre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Charitable activities
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.
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Five Towns Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
2 Income from donations and legacies
| Donations and legacies; Donations from individuals Donations and legacies; Donations from individuals |
Unrestricted funds General £ 23,210 23,210 Unrestricted funds General £ 3,491 3,491 |
Total 2025 £ 23,210 |
|---|---|---|
| 23,210 | ||
| Total 2024 £ 3,491 |
||
| 3,491 |
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Five Towns Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
3 Income from charitable activities
| Academy Clothing Sales Consumables Equipment Hire Room Hire Superstars Tuck Shop Sales Academy Clothing Sales Consumables Equipment Hire Room Hire Superstars Tuck Shop Sales 4 Income from other trading activities Trading income; Sales of goods and services Membership subscriptions Other income from other trading activities |
Unrestricted funds General £ 34,793 1,938 1,513 50,530 6,748 731 1,582 97,835 Unrestricted funds General £ 26,450 2,108 773 43,615 3,000 887 1,298 78,131 Unrestricted funds General £ 69,978 12,480 6,881 89,339 |
Total 2025 £ 34,793 1,938 1,513 50,530 6,748 731 1,582 |
|---|---|---|
| 97,835 | ||
| Total 2024 £ 26,450 2,108 773 43,615 3,000 887 1,298 |
||
| 78,131 | ||
| Total 2025 £ 69,978 12,480 6,881 |
||
| 89,339 |
Page 8
Five Towns Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
| Trading income; Sales of goods and services Membership subscriptions Other income from other trading activities |
Unrestricted funds General £ 60,195 12,521 882 73,598 |
Total 2024 £ 60,195 12,521 882 |
|---|---|---|
| 73,598 |
5 Expenditure on raising funds
a) Costs of trading activities
| Note Fundraising trading costs; Fundraising Note Fundraising trading costs; Fundraising 6 Expenditure on charitable activities Contractor Payments Costume Hire Materials Royalties and Rentals Theatre Hire |
Unrestricted funds General £ 137,560 137,560 Unrestricted funds General £ 113,861 113,861 Activity undertaken directly £ 19,387 5,713 3,204 11,387 15,134 54,825 |
Total 2025 £ 137,560 |
|---|---|---|
| 137,560 | ||
| Total 2024 £ 113,861 |
||
| 113,861 | ||
| 2025 £ 19,387 5,713 3,204 11,387 15,134 |
||
| 54,825 |
Page 9
Five Towns Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
| Contractor Payments Costume Hire Materials Royalties and Rentals Theatre Hire |
Activity undertaken directly £ 25,506 2,246 4,504 7,225 5,727 45,208 |
2024 £ 25,506 2,246 4,504 7,225 5,727 |
|---|---|---|
| 45,208 |
7 Other expenditure
| Note Other resources expended Total for 2025 Total for 2024 |
Unrestricted funds General £ 5,817 5,817 2,740 |
Total funds £ 5,817 |
|---|---|---|
| 5,817 | ||
| 2,740 |
8 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
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Five Towns Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
9 Taxation
The charity is a registered charity and is therefore exempt from taxation.
10 Cash and cash equivalents
| Cash on hand Cash at bank 11 Creditors: amounts falling due within one year Trade creditors 12 Funds Unrestricted funds Balance at 1 April 2024 £ Unrestricted funds General General Funds 5,701 Balance at 1 April 2023 £ Unrestricted funds General General Funds 5,080 |
Incoming resources £ 210,384 Incoming resources £ 162,720 |
2025 £ 397 17,486 17,883 2025 £ - Resources expended £ (198,202) Resources expended £ (162,099) |
2024 £ 347 5,740 |
|---|---|---|---|
| 6,087 | |||
| 2024 £ 386 |
|||
| Balance at 31 March 2025 £ 17,883 |
|||
| Balance at 31 March 2024 £ 5,701 |
13 Related party transactions
There were no related party transactions in the year.
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