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2021-09-30-accounts

REGISTERED COMPANY NUMBER: 05933904 (England and Wales)
REGISTERED CHARITY NUMBER: 1143209

Reportof the Trusteesand

Unaudited Financial Statements for the Year Ended30September 2021

for
Mad TheatreCompany

Didsbury Accountants Limited
6 Fortuneswell Court
2 Moorland Road
Didsbury
Manchester
M20 6LS

Mad TheatreCompany

Contentsof the Financial Statements
for the Year Ended30September 2021
Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial
Activities		 6
Balance Sheet 7
to		 8
Notes to the Financial Statements 9 to 14
Detailed Statement of Financial Activities 15 to 16 
Mad TheatreCompany

Report of the Trustees

for the Year Ended 30 September 2021

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 30 September 2021. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES Objectives & strategy

The Objectives of the Charity as set out in the Memorandum of Association are:

To advance the education of the public in the arts and to advance the arts for the
public benefit, in particular but not exclusively the art of drama, by some or all
of the following means:

(a)the running of a community theatre:

(b)Working with disadvantaged (both socially and economically) young people and
adults; using drama and quality arts activities as educative tools with the aim of
improving the quality of their lives;

(c)Running after school drama clubs and evening and weekend workshops; and
(d)offering training in Drama Workshop Leading (together with all aspects of
theatre skills) to young people so that they may have an opportunity to gain
accreditation that they may not otherwise gain in their school environment.

Strategy to achieve Charities objectives:

(a)  to present, promote, organise, provide, manage & produce dramas, dance, operas,
films, broadcasts, concerts, musical pieces, entertainments, exhibitions,
tutorials, seminars, courses & workshops, whether on any premises of the Company
or elsewhere.

(b)to procure to be written, printed, published, and issued gratuitously or
otherwise such papers, books, pamphlets or other documents as shall further the
above objects.

(c)to open & maintain a bank account or bank accounts in the name of the Company
(d)to employ staff and/or agents, and to make provisions for the proper
remuneration of any such person including the power to make all reasonable and
necessary provision for the payment of pensions and superannuation to or on behalf
of employees and their widows, widowers and other dependents.

(e)to purchase, acquire and obtain interests in the copyrights of the right to
show any opera, play, mime, comedy, drama, dance, film, stage piece or musical
composition.

(f)to enter into agreement with authors, actors, dancers, singers, composers,
musicians, producers, and

scriptwriters.

(g)subject to such consents as may be required by law to purchase, take on lease
or in exchange, hire or otherwise acquire any real or personal property and any
rights or privileges which the Company may think necessary for the promotion of its
objects and to construct, maintain and alter any buildings or erections necessary
for the work of the Company.

Page 1

Mad TheatreCompany

Report of the Trustees

for the Year Ended 30 September 2021

OBJECTIVES AND ACTIVITIES

Main activities undertaken to achieve objectives

(a) The devising, writing and performing of original plays

(b) Produce affordable or grant supported drama workshops / theatre

(c) The delivery of drama workshops in schools and out of school hours at local
community venues

(d) The opportunity for participants to perform at professional theatres around the
Greater Manchester area

(d) Accreditation through the Arts Award Scheme

(e) Fund raising events, for example: Cabaret Nights, Performing short sketches as
part of community events

(f) To train participants as Drama Workshop Leaders in order to either employ or
support employment/educational opportunities
g) Procurement of grants

Achievements in relation to objectives set

(i) Devise/produce one new full-length theatre production and four short plays/films/
theatre-in-education productions (multi-media).

(ii) Performances:

Theatre Performances:

*No live theatre performances due to closure of theatres during lockdown.
‘Black Eyes and Cottage Pie’– Raising awareness of domestic abuse within intimate
teenage relationships: MCMA (two performances) – 1[st] April 2021.
Sale Grammar 7[th] July 2021. Trafford Gorse Hill 10[th] August 2021.

Cabaret / short sketches/Fundraising: * Further details below
Courses:*

Workshops –

 (iii) *Delivered approximately 300 Drama Workshops with young people and adults in
North Manchester and Radcliffe.

Impact of Covid 19 – *some of these workshops were delivered remotely. When face-toface delivery resumed it was in accordance with government guidelines observing social distancing, strict numbers, hand sanitising/face coverings risk assessment completed. Youth Groups delivered in accordance with guidance from National Youth Agency and North Manchester Youth Partnership which permitted small number of face-to-face activities due to the vulnerability of the young people. 

(vi) Accredited 20 young people through the Arts Award Scheme. (Arts Award Explore)
Paused

Partnerships/Projects

‘Partnership Working: North Manchester Youth Partnership’- partnership with
Manchester Youth Zone and local organisations with funding from Youth and Play Fund
delivered at Manchester Communication Academy, White Moston Youth Centre and Cheetham
Youth Group. Delivering various projects in partnership with funding from various
grants, managed by Manchester Youth Zone, including Young Manchester, Manchester City
Council. Partnership Projects: RADEQUAL, Arts and Culture, Community Match. School
Holiday Workshops: Holiday Hunger, Holiday Buzz and drama workshops for MCA Summer
school.

Grants from:

Young Manchester City of Social Action
The National Lottery Covid Response Fund
We Love Manchester Response Fund
Arnold Clark

New Projects in Radcliffe in partnership with Lankelly Chase and Creative Inclusion
Delivering weekly drama workshops to promote mental health and wellbeing
M-Power Women’s Drama – New Life Church, Radcliffe

MaD Radcliffe Youth Group – Radcliffe Girls and Boys Club (Sports England).

Impact of COVID-19

Paused projects from our previous financial year that we have still been unable to

Page 2

Mad TheatreCompany

Report of the Trustees

for the Year Ended 30 September 2021

proceed are our work we delivered at theEdenfield Recovery Centre at Prestwich
Hospital and our Courses at The Curve, these are due to resume shortly. Together with
arts award accreditation.

Future Plans

To resume our delivery of a full-length original play.  To continue delivering theatre-
in-education performance ‘Black Eyes and Cottage Pie’ in partnership with TDAS.  To
resume partnership with NHS delivering workshops and performing plays at the Edenfield
Recovery Academy, Prestwich and delivering courses at the Curve.  Continue and
strengthen our partnership and with Manchester Youth Zone and North Manchester Youth
Partnership looking at new and innovative ways to work in together. Continue our
strong partnership with Manchester Communication Academy Community to support young
people and adults of all abilities from the North Manchester area by delivering weekly
drama sessions. To devise an original play for Radcliffe projects both women and
young people. Develop new projects in Radcliffe/Bury.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust & constitutes
a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05933904 (England and Wales)

Registered Charity number

1143209

Registered office

Bizspace,
Building 1
Wilsons Park
Monsall Road
Manchester
M40 8WN

Page 3

Mad TheatreCompany

Reportof the Trustees

for the Year Ended 30 September 2021

Trustees

Mr R Lees
Miss J Hughes

Company Secretary

Miss J Hughes

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Didsbury Accountants Limited
6 Fortuneswell Court
2 Moorland Road
Didsbury
Manchester
M20 6LS

This report has been prepared in accordance with the special provisions of Part 15
of Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ....31[st] March 2022 ...................
and signed on its behalf by:

...............................

Mr R Lees - Trustee

Page 4

Independent Examiner's Reporttothe Trusteesof
Mad Theatre Company

Independent examiner's report to the trustees of Mad Theatre Company ('the  Company')
I report to the charity trustees on my examination of the accounts of the Company for
the year ended 30 September 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes 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:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. 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

4. 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.

Keith Heywood
Didsbury Accountants Limited
6 Fortuneswell Court
2 Moorland Road
Didsbury
Manchester
M20 6LS
31 March 2022
Date: . ...........................................

Page 5

Mad TheatreCompany

Statement of Financial Activities for the Year Ended 30 September 2021

Unrestricted Restricted
INCOME AND ENDOWMENTS FROM
Notes
fund
£
fund
£
Donations and legacies
2
125,500
-
Other
-
-
Total
125,500
-
EXPENDITURE ON
Resources expended
3
84,405
-
Other
40,968
-
Total
125,373
-
NET INCOME/(EXPENDITURE)
127
-
RECONCILIATION OF FUNDS
Total funds brought forward
894
-
TOTAL FUNDS CARRIED FORWARD
1,021
-
 Unrestricted Restricted
INCOME AND ENDOWMENTS FROM
Notes
fund
£
fund
£
Donations and legacies
2
125,500
-
Other
-
-
Total
125,500
-
EXPENDITURE ON
Resources expended
3
84,405
-
Other
40,968
-
Total
125,373
-
NET INCOME/(EXPENDITURE)
127
-
RECONCILIATION OF FUNDS
Total funds brought forward
894
-
TOTAL FUNDS CARRIED FORWARD
1,021
-
 Unrestricted Restricted
INCOME AND ENDOWMENTS FROM
Notes
fund
£
fund
£
Donations and legacies
2
125,500
-
Other
-
-
Total
125,500
-
EXPENDITURE ON
Resources expended
3
84,405
-
Other
40,968
-
Total
125,373
-
NET INCOME/(EXPENDITURE)
127
-
RECONCILIATION OF FUNDS
Total funds brought forward
894
-
TOTAL FUNDS CARRIED FORWARD
1,021
-
 Unrestricted Restricted
INCOME AND ENDOWMENTS FROM
Notes
fund
£
fund
£
Donations and legacies
2
125,500
-
Other
-
-
Total
125,500
-
EXPENDITURE ON
Resources expended
3
84,405
-
Other
40,968
-
Total
125,373
-
NET INCOME/(EXPENDITURE)
127
-
RECONCILIATION OF FUNDS
Total funds brought forward
894
-
TOTAL FUNDS CARRIED FORWARD
1,021
-
 2021
Total
funds
£
125,500
-		 2020
Total
funds
£
73,697
2
73,699
73,860
12,571
86,431
(12,731)
13,625
894
125,500
84,405
40,968		 -
-
-
-
-
-
-
 125,500
84,405
40,968
125,373
127
894
1,021
125,373
127
894
1,021 
The notes form part of these financial statements

Page 6

Mad TheatreCompany

Balance Sheet

30 September 2021

Unrestricted Restricted
fund
fund
Notes
£
£
FIXED ASSETS
Tangible assets
9
1,065
-
CURRENT ASSETS
Debtors
10
255
-
Cash at bank
39,468
-
40,788
-
CREDITORS
Amounts falling due within
year
one
11
(39,766)
-
NET CURRENT ASSETS
1,021
-
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,021
-
NET ASSETS
1,021
-
FUNDS
Unrestricted funds
12
TOTAL FUNDS		 2021
Total
funds
£
1,065
255
39,468		 2020
Total
funds
£
1,253
279
31,815
32,095
(32,454)
894
894
894
894
894
40,788
(39,766)
1,021
1,021
1,021
1,021
1,021 
The charitable company is entitled to exemption from audit under Section 477 of the
Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial
statements for the year ended 30 September 2021 in accordance with Section 476 of the
Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 7

Mad TheatreCompany

Balance Sheet - continued

30 September 2021

These financial statements have been prepared in accordance with the provisions
applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees & authorised for issue
on ...31 March 2022.............................. and were signed on its  behalf by:

.............................................
R Lees - Trustee

.............................................
J Hughes - Trustee

The notes form part of these financial statements

Page 8

Mad TheatreCompany

Notes to the Financial Statements for the Year Ended 30 September 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit
entity under FRS 102, have been prepared in accordance with the  Charities  SORP
(FRS 102) '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)',  Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and
the Companies Act 2006. The financial statements have been prepared under the
historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity
has entitlement to the funds, it is probable that the income will be received
and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or
constructive obligation committing the charity to that expenditure, it is
probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted
for on an accruals basis and has been classified  under  headings that aggregate
all cost related to the category. Where costs cannot be  directly attributed to
particular headings they have been allocated to activities on a basis consistent
with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each
asset over its estimated useful life.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

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 funds can only be used for particular restricted purposes  within the
objects of the charity.  Restrictions arise when specified by the  donor  or when
funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the
notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme.
Contributions payable to the charitable company's pension scheme are charged  to
the Statement of Financial Activities in the period to which they relate.

continued...

Page 9

Mad TheatreCompany

Notes to the Financial Statements - continued

for the Year Ended 30 September 2021

2. DONATIONS AND LEGACIES

2.
DONATIONS AND LEGACIES
Donations
Grants receivable
Ticket sales
Fundraising income
Other income :
Miscellaneous income
Total incoming resources
Grants received, included in the above, are
Other grants
3.
RESOURCES EXPENDED
Raising donations and legacies
Support costs
4.
SUPPORT COSTS
Raising donations and legacies
Raising donations and legacies
5.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after
charging/(crediting):
Depreciation - owned assets
Deficit on disposal of fixed assets		 as follows:
Management
£
58,045		 2021
£
50
125,450
-
-		 2020
£
73,577
120
-
125,500 73,697
2
125,500
2021
£
125,450		 73,699
2020
£
73,577
2021
£
84,405		 2020
£
73,860
Finance
£
2,516		 Other
£
22,642
Other 2
£
1,014		 Other 3
£
188		 Total
£
84,405
2021
£
188
-		 2020
£
446
-		 
continued...

Page 10

Mad TheatreCompany

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

6. TRUSTEES' REMUNERATION AND BENEFITS
2021 2020
£ £
Trustees' salaries 41,000 34,800
Trustees' social security - 164
41,856 34,995
7. STAFF COSTS
2021 2020
£ £
Wages and salaries 56,900 49,200
Social security costs - 218
Other pension costs 1,145 919
58,045 50,336
The average monthly number of employees during the year was as follows:
2021 2020
Trustees 2 2
Administrative 1 1
3 3
No employees received emoluments in excess of £60,000.
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 73,697 - 73,697
Other income 120 - 120
Total 73,699 73,699
EXPENDITURE ON
Resources expended 73,860 - 73,860
Other 12,571 - 12,571
Total 86,431 - 86,431
NET INCOME (12,731) (12,731)
RECONCILIATION OF FUNDS
Total funds brought forward 13,625 - 13,625
TOTAL FUNDS CARRIED FORWARD 894 - 894 
continued...

Page 11

Mad TheatreCompany

Notes to the Financial Statements - continued for the Year Ended 30 September 2021

9. TANGIBLE FIXED ASSETS

9. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 October 2020 9,403 - 4,615 14,018
At 30 September 2021 9,403 - 4,615 14,018
DEPRECIATION
At 1 October 2020 8,150 4,615 12,765
Charge for year 188 - - 188
At 30 September 2021 8,338 - 4,615 12,953
NET BOOK VALUE
At 30 September 2021 1,065 - - 1,065
At 30 September 2020 1,253 - - 1,253
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Trade debtors - -
Prepayments 255 279
255 279
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Social security and other taxes 833 408
Other creditors 857 857
Pensions payable - -
Accruals and deferred income 2,400 2,400
4,090 3,665
12. MOVEMENT IN FUNDS
Net
At movement At
1.10.20 in funds 30.9.21
£ £ £
Unrestricted funds
General fund 894 127 1,021
TOTAL FUNDS 894 127 1,021 
continued...

Page 12

Mad TheatreCompany

for the Year Ended30September 2021

Notes to the Financial Statements - continued

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 125,500 (125,373) 127
TOTAL FUNDS 125,500 (125,373) 127
Comparatives for movement in funds
Net
At movement At
1.10.19 in funds 30.9.20
£ £ £
Unrestricted funds
General fund 13,625 (12,731)
894
TOTAL FUNDS 13,625 (12,731)
894
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 73,699 (86,431) (12,731)
TOTAL FUNDS 73,699 (86,431) (12,731)
A current year 12 months and prior year 12 months combined position is as
follows:
Net
At movement At
1.10.19 in funds 30.9.21
£ £ £
Unrestricted funds
General fund 13,625 (12,604) 1,021
TOTAL FUNDS 13,625 (12,604) 1,021 
continued...

Page 13

Mad TheatreCompany

for the Year Ended30September 2021

Notes to the Financial Statements - continued

12. MOVEMENT IN FUNDS - continued

A current  year 12 months  and prior year 12 months combined  net movement in
funds, included in the above are as follows:
Incoming Resources Movement
resources  expended in funds
£ £ £
Unrestricted funds
General fund 199,199 (211,804) (12,604)
TOTAL FUNDS 199,199 (211,804) (12,604)

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended
30 September 2021.

Page 14

Mad TheatreCompany

Detailed Statement of Financial Activities for the Year Ended 30 September 2021

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants receivable
Ticket sales
Fundraising income
Other income
Miscellaneous income
Total incoming resources
EXPENDITURE
Other
Direct costs
Support costs
Management
Trustees' salaries
Trustees' social security
Wages
Social security
Pensions
Finance
Accountancy
Legal & professional fees
Bank charges
Other
Admin office rental
Motor expenses
Travelling & subsistence
Telephone & internet
Postage and stationery
Advertising & PR
Sundry expenses
Training costs
Other 2
Insurance
Carried forward		 2021
£
50
125,450
-
-
125,500
-
125,500
40,968
41,000
-
15,900
-
1,145
58,045
2,400
36
80
2,516
5,215
9,873
6,698
548
308
-
-
-
22,642
378
378		 2020
£
-
73,577
120
-
73,697
2
73,699
12.571
34,800
164
14,400
54
919
50,336
2,400
26
59
2,485
3,612
9,614
4,542
1,073
150
-
611
-
19,602
384
384		 
This page does not form part of the statutory financial statements

Page 15
Other 2
Brought forward
Repairs & renewals
Loss on sale of tangible
assets
Other 3
Fixtures and fittings
Motor vehicles
Computer equipment
Total resources expended
Net income/(expenditure)		 378
384
636
-
607
-
1,014
991
188
221
-
-
-
225
188
446
125,373
86,431
127(12,731)		 
This page does not form part of the statutory financial statements
Page 16