Stockport Garrick Theatre Limited
Treasurer’s Report on the Accounts to 30 April 2024
Production Income and Expenditure
In the year we have presented 9 productions, 6 as Main Stage and 3 as Studio. Regrettably audience numbers were 17.5% down on the previous year at 44% for Main and 92% for Studio.
Actual numbers being 3255 compared to 3943.
Looking to 2024/2025 we are expecting figures to improve to 60-65% mainly as a result of the plays being well known and more appealing to our audiences.
People were slightly put off by the content of a couple of plays this last year.
With the tremendous help of all people involved in stage, wardrobe etc. costs have been well controlled.
Bar and Catering
Sales have continued to rise mainly as a result of the monthly Comedy Club which usually generates over £1,000 per night.
In the year we changed were we get our stock from and this has enabled us to improve our margin by 6% to 59%
General Income
Subscriptions Membership of 185 is 26% up on last year. It is pleasing to note that more young people are joining us and getting involved.
Your Theatre Lottery Income well down due to many people withdrawing from the scheme. Theatre Hire The Comedy Club are now hiring the Theatre Downstairs more often and we have monthly income from the Iranian Theatre Group Odyssey Mahari and the Church Group Fresh Fire Trust. My thanks and those of Garrick members goes to Richard and his Sister who kindly made a very generous donation which enabled us to refurbish the unused area, and create a fantastic area for us and people in our Community. Rents Rent receipts are up to date. Although Urban Haus have said they want to stay we have still not been able to get them to actually sign a new lease. When they do the annual rent will increase by £2,000 to £19,500. Donations £5,000 was bequeathed to the Theatre by Jon Clark and this is being spent on Marketing. Dorothy Humphries also bequeathed £1,000 to the Theatre.
Youth Theatre An excellent year with most age groups fully taken up. The income of £38,482 is £3,900 up on the previous year and the net contribution after associated costs and Faye’s fee is £19,800.
Fundraising A big thank you to Sam Marriott who raised £1,200 from his Ultra Marathon.
General Expenditure
Overall general expenditure is 18% up on the previous year. Telephone Since November we have had to pay BT £265 per month for the internet
Loan Interest Regrettably interest rates have gone up by a further 1% in the year, meaning that we are now paying 9.5%. Cash flow enabled us to make two lump sum payments of £10,000 in the year and the forecast for the next year indicates that we can pay of a further £20,000. Repairs Main expenditure of £4,030 on Auditorium lights. Heat and Light Cost increased by £2,500 due to higher usage. Our 4 year contracts for both gas and electricity finish in September 2024. After various discussions I regret the best rates we can get will result in increases of 53 to 57%.
Balance Sheet
Fixed Assets £3,363 on CCTV and deposit of £1,361 on Double –Sided LCD screen for the foyer. Bank Account Balance £48,000 at the year end.
Current Liabilities Includes loan repayments of £4,509 due in the next year and accruals of £6,624. Also deferred income re rents and Youth Theatre advance fees.
In summary the Theatre made a surplus of £18,836 in the year after charging depreciation of £18,100
Stockport Garrick Theatre Ltd
Income and Expenditure for the Year to 30 April 2024
| Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd |
|---|---|---|---|---|---|---|
| Income and Expenditure for the Year to 30 April 2024 | ||||||
| Actual | Actual | |||||
| 30-Apr-24 | 30-Apr-23 | |||||
| Producton Income and Expenditure | ||||||
| Tickets | 34533 | 38252 | ||||
| Programmes | 471 | 607 | ||||
| less Commission on Sales | -2068 | -2355 | ||||
| Net Ticket Sales | 32936 | 36504 | ||||
| Props | 233 | 80 | ||||
| Cast Photographs | 1030 | 990 | ||||
| CastngSec Expenses | 0 | 0 | ||||
| Wardrobe & Costume Hire | 89 | 155 | ||||
| Lightng | 26 | 398 | ||||
| Set Constructon | 1125 | 796 | ||||
| Publicity | 1413 | 1779 | ||||
| Royaltes | 5770 | 4574 | ||||
| Tickets | 0 | 0 | ||||
| Programmes | 669 | 682 | ||||
| Scripts | 1077 | 1252 | ||||
| Other | 617 | 0 | ||||
| 12049 | 10706 | |||||
| Producton Surplus | 20887 | 25798 | ||||
| Bar and Catering Income and Expenditure | ||||||
| Bar Takings | 28668 | 27020 | ||||
| Catering | 915 | 821 | ||||
| 29583 | 27841 | |||||
| OpeningStock | 2545 | 1282 | ||||
| Purchases | 11289 | 14238 | ||||
| ClosingStock | -1744 | -2545 | ||||
| 12090 | 12975 | |||||
| Bar and Catering Surplus | 17493 | 14866 | ||||
| General Income | ||||||
| Subscriptons | 5066 | 4148 | ||||
| Wardrobe Hire | 205 | 67 | ||||
| Your Theatre Lotery | 270 | 791 | ||||
| Theatre Hire | 7287 | 4100 | ||||
| Rents net of Management Costs | 29837 | 29150 | ||||
| Interest | 1042 | 356 | ||||
| Donatons | 7218 | 7812 | ||||
| Youth GroupFees | 38482 | 34572 | ||||
| Gif Aid Refunds | 888 | 1212 | ||||
| Fundraising | 1234 | 1496 | ||||
| Grants | 0 | 5000 | ||||
| 91529 | 88744 |
| Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd | Stockport Garrick Theatre Ltd |
|---|---|---|---|---|
| Income and Expenditure for the Year to 30 April 2024 | ||||
| Actual | Actual | |||
| 30-Apr-24 | 30-Apr-23 | |||
| General Expenditure | ||||
| Wages | 24869 | 23289 | ||
| Telephone & Postage | 3197 | 1366 | ||
| Printng& Statonery | 513 | 643 | ||
| Rates | 100 | 180 | ||
| Mortgage Interest | 5044 | 5441 | ||
| Subscriptons | 156 | 181 | ||
| General | 2641 | 2579 | ||
| Repairs & Cleaning | 9534 | 5041 | ||
| Heat Light & Water | 15662 | 11475 | ||
| Youth GroupTutorial | 18694 | 15364 | ||
| Professional Fees | 0 | 900 | ||
| Social Group | 87 | 83 | ||
| Bank Charges | 1681 | 1498 | ||
| Vat PartallyExempt Disallowed | 2366 | 1628 | ||
| Legal Fees | 0 | 1062 | ||
| Insurance | 8429 | 7883 | ||
| 92973 | 78613 | |||
| General Surplus | -1444 | 10131 | ||
| Summary | ||||
| Productons | 20887 | 25798 | ||
| Bar & Catering | 17493 | 14866 | ||
| General | -1444 | 10131 | ||
| Depreciaton | -18100 | -18398 | ||
| Surplus for the Period | 18836 | 32397 | ||
Stockport Garrick Theatre Ltd
Balance Sheet at 30 April 2024 and 30 April 2023
| 30-Apr-24 | 30-Apr-23 | |||
|---|---|---|---|---|
| Fixed Assets | ||||
| Land and Buildings | 12921 | 12921 | ||
| Equipment and Fixtures | 41443 | 38135 | ||
| Theatre Improvements | 349908 | 364487 | ||
| Auditorium Improvements | 9545 | 10264 | ||
| 413817 | 425807 | |||
| Current Assets | ||||
| Stock | 1744 | 2545 | ||
| Debtors and Prepayments | 13859 | 13656 | ||
| Bank Accounts | ||||
| CAF Bank Current | 2649 | 2447 | ||
| CAF Bank Gold | 45238 | 37302 | ||
| 47887 | 39749 | |||
| Cash | 384 | 401 | ||
| Less Current Liabilites | -20237 | -20110 | ||
| Net Current Assets | 43637 | 36241 | ||
| Less Long -Term Liabilites | ||||
| Loan Charity Bank | 34548 | 57978 | ||
| Total Net Worth | 422906 | 404070 | ||
| Represented by | ||||
| Capital Fund at start of the year | 404070 | 371673 | ||
| Surplus for the period | 18836 | 32397 | ||
| 422906 | 404070 |
I have examined the Stockport Garrick Theatre Limited Accounts for the year to 30 April 2024 with the books and vouchers relating there to and have obtained all the explanations that I required. I certify that in my opinion the Income and Expenditure Account and Balance Sheet accurately reflect the transactions carried out on behalf of the Stockport Garrick Theatre Ltd by its officers and members.
Thursday, June 13, 2024
Maxwell Wild
Stockport Garrick Theatre Limited
| Productons | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | May | June | September | October | November | December | January | January | March | April |
| Play | Port | Port Tour | Dear Jack | Present | Constellatons | Railway | The Last Quiz o | Beautful | Things I Know | The River |
| Dear Louise | Laughter | Children | Earth | Thing | to be True | |||||
| Sales | 3731 | 371 | 2832 | 5696 | 1755 | 6997 | 2114 | 4374 | 4031 | 1929 |
| Programmes | 70 | 0 | 0 | 54 | 0 | 175 | 0 | 70 | 102 | 0 |
| Less Commission | -250 | -22 | -135 | -329 | -119 | -443 | -140 | -284 | -216 | -131 |
| 3551 | 349 | 2697 | 5421 | 1636 | 6729 | 1974 | 4020 | 3917 | 1798 | |
| Set Constructon | 0 | 0 | 93 | 317 | 0 | 120 | 0 | 103 | 188 | 0 |
| Royalty | 270 | 450 | 756 | 697 | 414 | 714 | 510 | 900 | 714 | 510 |
| Propertes | 98 | 0 | 0 | 0 | 0 | 0 | 36 | 51 | 48 | 24 |
| Wardrobe | 44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Lightng | 360 | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 0 | 0 |
| Programmes | 95 | 0 | 80 | 78 | 32 | 127 | 47 | 98 | 70 | 42 |
| Publicity | 128 | 0 | 93 | 130 | 95 | 102 | 102 | 110 | 110 | 107 |
| Cast Photographs | 110 | 0 | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 115 |
| Scripts | 100 | 0 | 79 | 144 | 60 | 184 | 150 | 74 | 70 | 64 |
| Tickets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other | 0 | 617 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1205 | 1067 | 1216 | 1481 | 716 | 1362 | 960 | 1465 | 1315 | 862 | |
| Surplus | 2346 | -718 | 1481 | 3940 | 920 | 5367 | 1014 | 2555 | 2602 | 936 |
| Box Ofce | 83 | 0 | 28 | 53 | 84 | 61 | 100 | 42 | 38 | 92 |
Stockport Garrick Theatre Ltd
Balance Sheet at 30 April 2024 and 30 April 2023
| 30-Apr-24 | 30-Apr-23 | |||
|---|---|---|---|---|
| Fixed Assets | ||||
| Land and Buildings | 12921 | 12921 | ||
| Equipment and Fixtures | 41443 | 38135 | ||
| Theatre Improvements | 349908 | 364487 | ||
| Auditorium Improvements | 9545 | 10264 | ||
| 413817 | 425807 | |||
| Current Assets | ||||
| Stock | 1744 | 2545 | ||
| Debtors and Prepayments | 13859 | 13656 | ||
| Bank Accounts | ||||
| CAF Bank Current | 2649 | 2447 | ||
| CAF Bank Gold | 45238 | 37302 | ||
| 47887 | 39749 | |||
| Cash | 384 | 401 | ||
| Less Current Liabilities | -20237 | -20110 | ||
| Net Current Assets | 43637 | 36241 | ||
| Less Long -Term Liabilities | ||||
| Loan Charity Bank | 34548 | 57978 | ||
| Total Net Worth | 422906 | 404070 | ||
| Represented by | ||||
| Capital Fund at start of the year | 404070 | 371673 | ||
| Surplus for the period | 18836 | 32397 | ||
| 422906 | 404070 |
I have examined the Stockport Garrick Theatre Limited Accounts for the year to 30 April 2024 with the books and vouchers relating there to and have obtained all the explanations that I required. I certify that in my opinion the Income and Expenditure Account and Balance Sheet accurately reflect the transactions carried out on behalf of the Stockport Garrick Theatre Ltd by its officers and members.
Maxwell Wild
13 June 2024