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:
1. the accounts do not accord with those records; or
2. 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........................
Page 3
## **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.
Page 6
## **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|
Page 7
## **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.
Page 10
## **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.
Page 11