Company Registration Number 07285741 Registered Charity Number 1146907
ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE)
REPORT AND ACCOUNTS For the year ending 31 March 2024
ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT For the year ended 31 March 2024
The Trustees, who are also Directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Name Eclipse Theatre Company Limited Charity registration number 1146907 Company registration number 07285741 Registered office Mill 2 Mabgate Mills, Leeds, LS9 7DZ
Trustees
For the purposes of the Companies Act 2006, the Board of Trustees is the Board of Directors of the charitable company and is referred to as the Trustees throughout this report.
The Trustees of Eclipse Theatre Company Limited during the period and to the date of signing this report are as follows:
Nicholas Ahad Robert Alderson (Interim Chair) Joanna Chikezie Resigned 27 November 2023 Benjamin Cooper-Melchiors Resigned 3 May 2024 Fiona Joseph Resigned 31 May 2024 Simone Kelly Resigned 7 August 2024 Dr David Linton Resigned 24 November 2023 Maxwell Mutanda Sophia Parker Appointed 17 January 2024 Pam Fraser Solomon Resigned 22 September 2023 Simeon Tubi Resigned 4 July 2023 Company Secretary Jane Anderson (to 31 October 2023) Independent Examiner Pete O’Hara FCA, Chartered Accountant, 26 La Sagesse, Jesmond, Newcastle upon Tyne NE3 2AF
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT
For the year ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Documents
Eclipse Theatre Company Ltd is a charitable company limited by guarantee, incorporated on 16 June 2010, registered in England and Wales under company number 07285741 and governed by its memorandum and articles of association. The charity was registered with the Charity Commission on 17 April 2012 under charity number 1146907.
The Directors of the company are also Trustees of the charity.
Eligibility for membership of the charity, and membership of the Board of Trustees, is governed by the Articles of Association. There are no restrictions in the governing document on the operation of the charity other than those imposed by general charity law.
Charitable Purpose
Eclipse Theatre Company Limited’s charitable objects are to advance the arts for the public benefit through the promotion of, in particular, but not exclusively, the art of drama.
Structure and Governance
The charity currently has a Board of four non-executive Trustees.
The Board meets a minimum of four times per year.
Detailed written Board reports and an agenda are prepared and circulated in advance of meetings.
Recruitment and Appointment of Board of Trustees
Trustees are elected to the Board based on discussions and recommendations offered by Trustees and outside advisors to the organisation, as well as through a range of advertising channels.
Trustee Induction and Training
New Trustees are inducted by the Chair of the Board and Director and are provided with a range of resources and publications to support their understanding of Eclipse Theatre Company Limited activities, including the latest annual report and accounts, a full role description and information on current and past productions. They also have the opportunity to see productions and are kept informed on an ongoing basis around developments in both the theatre and wider charity sectors.
Reserves Policy
The Trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission. The charity’s ‘free reserves’ at 31 March 2024, defined as non-designated unrestricted funds, net of the value of Fixed Assets, are £400,060.
However, in May 2024, after a period of change which created significant challenges for the organisation, the Trustees took the decision to close Eclipse. A full and managed closure of the company will take place, with any remaining assets distributed in line with our governing document.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT
For the year ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)
Grant Making Policy
The charity does not engage in grant-making activity.
The Contribution of Volunteers
The charity does not use volunteers within its productions or to support its activities.
OBJECTIVES AND ACTIVITIES
Aims & Objectives
Eclipse Theatre Company’s mission is as follows:
“Eclipse Theatre will influence and instigate change that leads to a more diverse and equitable theatrical landscape”.
In partnership with venues and collaborators, we commission, develop, produce and present new work by Black and Global Majority Creatives whose voices are all too infrequently represented on the main stages across our country.
Vision and Mission
Our vision and mission are embedded within our purpose and are enshrined in our ethics and practice.
Our Vision: For a diverse and equitable creative landscape, in which the authentic voices of global citizens are embraced across multiple art-forms.
Our Mission: To be an international leader in creating, enabling, and producing world-class theatre by Black and Global Majority artists, that reaches and captures the imagination and engagement of everyone.
Ours USP lies in our proven ability to reach under-represented audiences – in particular Black and Global Majority audiences in the North, and nationally, with high quality mid-scale touring; to present work by Black and Global Majority creatives that resonates strongly with diverse audiences, attracts high percentages of first-time attendees, and grows loyalty; to tell the stories that might otherwise remain untold.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT For the year ended 31 March 2024
OBJECTIVES AND ACTIVITIES (CONTINUED)
Public Benefit
The Trustees understand and have discussed the implications of the provisions of the Charities Act 2006, which state that all charities must demonstrate that they are established for public benefit and have had due regard to the public benefit guidance issued by the Charity Commission. The Trustees believe that the charity meets both of the key principles.
In developing the objectives for the year, and in planning activities, the Trustees have considered the Charity Commission guidance on public benefit.
In line with our mission, we contribute towards the creation of an environment in which the experiences of Black British people are articulated in arts forms and media nationally where we are a beacon for the work of Black artists.
Risk Management
The Trustees of the charity regularly review the major governance, operational and financial risks which the charity faces as part of its annual business planning process and confirm that systems have been established to mitigate these risks.
Eclipse Theatre Company Limited has a risk management strategy in place which comprises:
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an annual review of the strategic risks the charity may face via the business plan
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the establishment of systems and procedures to mitigate those risks identified
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the implementation of procedures designed to minimise any potential impact on the charity should those risks materialise.
The Trustees are satisfied that appropriate financial systems and controls and employment policies and practices are in place.
The Trustees have considered the key risks facing the charity and the following mitigating actions have been taken to be as follows:
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Artistic ambition: the risk of not achieving a strong enough national and international profile for exceptional new work. We aim to mitigate this risk through collaborating with exceptional artists, gaining critical feedback, evaluating artistic achievements and shortcomings for every project and creating plans to continually improve artistic practice.
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Financial sustainability : the risk of having insufficient funding to adequately support current activity levels. Our financial model is particularly dependent on Arts Council funding, fundraising revenue, and touring income. This risk is mitigated in many ways, including a four-year business and financial planning process, annual budgeting and monthly management reporting against budget, and our audience development and fundraising strategies.
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Attraction and retention of Staff, Artists, and Trustees : the risk of being unable to recruit and retain staff and artistic/production talent of a calibre required to support our standard of work. This risk is mitigated through artistic and organisational planning and the strengthening of the Board of Trustees improving resilience and Trustee succession planning.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT
For the year ended 31 March 2024
ACHIEVEMENTS AND PERFORMANCE
Summary of the main achievements of the charity during the year
Two productions took place at the Edinburgh Fringe Festival:
Pilot . A dynamic new work from Lekan Lawal, that examines what might be gained if we let go of the stories that we tell ourselves. The production ran from 5-27 August 2023 – 21 performances.
Soon. Based on the EP Kingdom Coming by Brit Award-winning singer and songwriter Emeli Sandé, Soon is the genesis of a new musical experiment which takes a groundbreaking, music-first approach to creating a live, performed event – part play, part music gig, part narrative. Jumping through time, from the 80s to the present day, an artist explores their past life experiences, mining gems to help define their artistic future. Eclipse captured insights and learnings to influence the crafting of this innovative musical theatre piece, due for full production and national and international touring in 2024/25. The production ran from 8-27 August 2023 – 16 performances.
The Eclipse Award is an initiative created and supported by Eclipse Theatre and Summerhall, which aims to help UK-based Black and Global Majority artists making boundary-pushing performance work undertake an Edinburgh Festival Fringe run. This year’s expanded Eclipse Award was awarded to six artists of colour, each of whom received a cash award and in-kind support, which combined totalled up to £50,000. The artists were:
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‘Elvis Died of Burgers’ from Blink Dance Theatre (10-13 August 2023 - 32 performances)
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‘Kill The Cop Inside Your Head’ by spoken word and performance artist Subira Joy (22-27 August 2023 – 6 performances)
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‘OommoO’ by vocal artist Lula Mebrahtu (2-22 August 2023 – 24 performances)
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‘Siapa Yang Bawa Melayu Aku Pergi? (Who Took My Malay Away?)’ Faizal Abdullah’s love letter to Singapore (2-13 August 2023 – 12 performances)
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Mwansa Phiri’s spoken-word theatre with Zambian oral traditions, ‘waiting for a train at the bus stop’ (2-27 August 2023 – 24 performances)
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The performance installation ‘Weathervanes’ by Journey to East Productions, in association with Summerhall and Tramway (3-27 August 2023 – 32 performances)
Providing Employment and Development Opportunities
The company has employed writers, actors, and core staff with a significant proportion being from Black and Global Majority communities. As a company, we are consistently striving to identify and support untapped and regional talent across the UK from our home in the North.
Building a Legacy
In acknowledging Arts Council England as a major financial stakeholder, their strategic priorities matter hugely to the future of the organisation and as such, we align our work with their investment principles guaranteeing an ongoing legacy for future generations.
Eclipse’s legacy is further ensured through online archiving, delivery of digital content, and social media engagement with audiences and artists. The company continues to house its 10 by10 short films on the Digital Theatre+ platform, which attracts views throughout the year. Through our social media posts on Facebook, Twitter and Instagram, we ensure the legacy of our projects through ongoing conversations about what artists and audiences need, enjoy and look for from our work.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT
For the year ended 31 March 2024
ACHIEVEMENTS AND PERFORMANCE (CONTINUED)
Summary of the main achievements of the charity during the year (Cont.)
Creating financial stability
Financial Review - The out-turn for the year is an unrestricted surplus of £124,788 (2023: Surplus £33,071). The surplus is added to Unrestricted Reserves, leaving a TOTAL balance on Unrestricted Funds at 31 March 2024 of £407,464.
Reserves - At 31 March 2024, the charity had positive “free” reserves, defined as unrestricted funds less fixed assets, of £400,060.
Material investments policy - Under the Memorandum and Articles of Association, the charitable company has the power to make any investment that the trustees see fit.
PLANS FOR FUTURE PERIODS
In May 2024, after a period of change which created significant challenges for the organisation, the Trustees took the decision to close Eclipse. This decision was not taken lightly and the Trustees appreciate that the loss of Eclipse will be keenly felt in the UK theatre community. A full and managed closure of the company will take place, with any remaining assets distributed in line with our governing document.
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INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF ECLIPSE THEATRE COMPANY LIMITED YEAR ENDED 31 MARCH 2024
I hereby report to the Trustees/Members of Eclipse Theatre Company Limited (Charity Registration Number 1146907) on the accounts for the year ended 31 March 2024 set out on pages 10 to 19.
Responsibilities and basis of report
As the charity’s Trustees (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
Since the Company’s gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountant in England and Wales, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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the accounts have not been prepared in accordance with the methods or 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 (FRS102)).
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.
Pete O’Hara, FCA, Chartered Accountant Fellow of the Institute of Chartered Accountants in England & Wales
26 La Sagesse, Jesmond, Newcastle upon Tyne NE2 3AF
16 January 2025
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Note Income Income from Investments 3 Income from Donations, Grants & Legacies 4 Income from Charitable Activities 5 Total Income Expenditure Expenditure on Raising Funds 6 Expenditure on Charitable Activities 7 Total Expenditure Net Income/(Expenditure) Balance brought forward at 1 April Balance carried forward at 31 March 14 |
Unrestricted Funds Restricted Funds Total 2024 Total 2023 £ £ £ £ 990 - 990 385 563,544 - 563,544 254,092 7,363 - 7,363 11,431 |
|---|---|
| 571,897 - 571,897 265,908 450 - 450 14,288 446,659 - 446,659 218,549 |
|
| 447,109 - 447,109 232,837 |
|
| 124,788 - 124,788 33,071 282,676 - 282,676 249,605 |
|
| £407,464 £- £407,464 £282,676 |
The notes on pages 12 to 19 form part of the financial statements.
All of the activities of the company are classed as continuing.
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL POSITION/BALANCE SHEET AS AT 31 MARCH 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Fixed Assets | |||
| Tangible Fixed Assets | 10 | 7,404 | 3,916 |
| Current Assets | |||
| Debtors | 11 | 6,980 | 19,438 |
| Cash At Bank & In Hand | 435,242 | 278,628 | |
| 442,222 | 298,066 | ||
| Creditors – Amounts Falling Due Within 1 Year | 12 | (42,162) | (19,306) |
| Net Current Assets/(Liabilities) | 400,060 | 278,760 | |
| Total Net Assets | 13 | £407,464 | £282,676 |
| Represented by: | |||
| Unrestricted Funds | 14 | 407,464 | 282,676 |
| Restricted Funds | 14 | - | - |
| £407,464 | £282,676 |
The notes on pages 12 to 19 form part of the financial statements.
The Trustees are satisfied that for the year ended 31 March 2024 the charity was entitled to exemption under section 477(2) of the Companies Act 2006.
The Trustees also confirm that the Members have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006
The Trustees acknowledge their responsibilities for:
(i) ensuring that the charity keeps adequate accounting records which comply with section 386 of the Act, and
(ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the charity.
These financial statements were approved and signed by a Member of the Board of
Trustees on 16 January 2025.
Robert Alderson Trustee/Interim Chair Company Registration Number 07285741
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting Policies
The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Eclipse Theatre Company Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
Income
All income is included in the Statement of Financial Activities (SOFA) when there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Such income is only deferred when the donor or funder has specified that the grant or donation can only be used in future accounting periods or where the donor or funder has imposed conditions which must be met before the charity has unconditional entitlement.
Investment income, including interest on funds held on deposit, is recognised on a receivable basis.
Expenditure
All expenditure is accounted for on an accruals basis and is recognised when a liability is incurred.
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Expenditure on raising funds are those costs of seeking potential funders and applying for funding
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Charitable activities include expenditure associated with the planning and delivery of artistic productions and associated activities. This includes both the direct costs and support costs relating to these activities.
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Support or Indirect costs are those costs incurred in support of the charitable objectives. These have been allocated to the resources expended on a consistent basis that fairly reflects the true use of those resources within the organisation, such as allocating staff costs by time spent and other costs by their usage.
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Governance costs are those incurred in the governance of the charity and its assets and are primarily associated with the constitutional and statutory requirements.
Irrecoverable VAT
All resources expended are classified under activity headings that aggregate all costs related to the category. Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting Policies (Continued)
Tangible Fixed Assets and Depreciation
Depreciation is provided on any fixed assets at rates calculated to write off the assets over their remaining useful lives as follows:
IT & Office Equipment
- 33% per annum straight line
A full year’s depreciation charge is applied in the year of acquisition and no charge is made in the year of disposal.
Financial Instruments
The charity only has financial assets and liabilities of a kind which qualify as basic financial instruments. Such instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Fund Accounting
General Funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
Designated Funds comprise unrestricted funds set aside by the Trustees for a specific purpose.
Restricted Funds reflect income received which a funder or donor requires must be spent on a particular purpose or where funds have been raised for a specific purpose. Such income and associated expenditure are shown as Restricted in the Statement of Financial Activities, whilst any unspent balances at the year-end are carried forward as Restricted Funds.
Taxation
Eclipse Theatre Company Limited meets the definition required of a charitable company for UK Corporation Tax purposes. Consequently, the company is potentially exempt from taxation in respect of income or capital gains to the extent that such income or gains are applied exclusively for charitable purposes.
2. Going Concern
The Trustees have reviewed the circumstances of the charity.
Whilst adequate resources continue to be available to fund the activities of the charity, in May 2024, after a period of change which created significant challenges for the organisation, the Trustees took the decision to close Eclipse.
A full and managed closure of the company will take place, with any remaining assets distributed in line with the charity’s governing document.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
3. Income from Investments
| Unrestricted | Restricted | 2024 | 2023 | |
|---|---|---|---|---|
| Funds | Funds | |||
| £ | £ | £ | £ | |
| Bank Interest Receivable | 990 | - | 990 | 385 |
| £990 | £- | £990 | £385 | |
| The 2023 total of £385 was wholly attributable to Unrestricted | Funds. |
4. Income from Donations, Grants & Legacies
| Unrestricted | Restricted | 2024 | 2023 | |
|---|---|---|---|---|
| Funds | Funds | |||
| £ | £ | £ | £ | |
| Donations | 70 | - | 70 | - |
| Grant Income | ||||
| Arts Council England – National Portfolio | 563,474 | - | 563,474 | 254,092 |
| Organisation | ||||
| £563,544 | £- | £563,544 | £254,092 | |
| The 2023 total of £254,092 was wholly attributable to Unrestricted Funds. | ||||
| Income from Charitable Activities | ||||
| Unrestricted | Restricted | 2024 | 2023 | |
| Funds | Funds | |||
| £ | £ | £ | £ | |
| Box Office & Other Production Income | 3,080 | - | 3,080 | - |
| Theatre Tax Relief | 3,259 | - | 3,259 | - |
| Income from Royalties, Scripts & Digital | 1,024 | - | 1,024 | 11,431 |
| £7,363 | £- | £7,363 | £11,431 |
5. Income from Charitable Activities
The 2023 total of £11,431 was wholly attributable to Unrestricted Funds.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
6. Expenditure on Raising Funds
| Fundraising Consultancy Fees | Unrestricted Funds £ Restricted Funds £ 2024 £ 2023 £ 450 - 450 14,288 |
|---|---|
| £450 £- £450 £14,288 |
The 2023 total of £14,288 was wholly attributable to Unrestricted Funds.
7. Expenditure on Charitable Activities
| Expenditure on Charitable Activities | |
|---|---|
| Artistic Production/Project Costs Production Costs/Artistic Programme Marketing, Press & PR Salaries & On Costs Support Costs Rent & Office Expenses Recruitment & Training Costs Governance Costs Independent Examiner’s Fees Legal & Professional Fees Book-keeping & Other Accountancy Fees Governance Meeting Costs & Expenses Depreciation |
Unrestricted Funds £ Restricted Funds £ Total 2024 £ Total 2023 £ 179,730 - 179,730 7,504 20,207 - 20,207 2,065 150,199 - 150,199 131,752 |
| 350,136 - 350,136 141,321 34,184 - 34,184 31,703 10,013 - 10,013 5,494 |
|
| 44,197 - 44,197 37,197 1,800 - 1,800 1,800 29,883 - 29,883 18,340 14,840 - 14,840 15,895 1,010 - 1,010 1,229 4,793 - 4,793 2,767 |
|
| 52,326 - 52,326 40,031 |
|
| £446,659 £- £446,659 £218,549 |
The 2023 total of £218,549 was wholly attributable to Unrestricted Funds.
8. Net Income/(Expenditure)
| Net income/(expenditure) is stated after charging/(crediting): Independent Examiner’s Fees – current year Independent Examiner – other services – current year Depreciation of owned Tangible Fixed Assets |
2024 £ 2023 £ 1,800 1,800 350 350 4,793 2,767 |
|---|---|
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
9. Staff Costs & Trustees’ Remuneration
| Gross Salary Costs Freelance Contracts Employer’s National Insurance Employer’s Pension Contributions |
2024 £ 2023 £ 101,844 106,979 40,080 16,425 5,921 5,875 2,354 2,473 |
|---|---|
| £150,199 £131,752 |
No employee received remuneration of more than £60,000 during the year (2023 - Nil).
The average number of staff employed during the year, calculated as full-time equivalents, was as follows:
| was as follows: | ||
|---|---|---|
| 2024 | 2023 | |
| No | No | |
| Artistic Production and Support | 3 | 3 |
Key Management Personnel are defined by the organisation as the Trustees.
No remuneration has been paid to any Trustees/Directors in the year (2023: £Nil).
Reimbursement has been made in the year of £1,010 to 1 Trustee for Travel and Subsistence expenses incurred in respect of their work on behalf of the charity (2023: £Nil).
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
10. Tangible Fixed Assets
| 10. Tangible Fixed Assets |
||
|---|---|---|
| Cost At 1 April 2023 Additions in year Disposals At 31 March 2024 Accumulated Depreciation At 1 April 2023 Charge for year Disposals At 31 March 2024 Net Book Value At 31 March 2024 At 1 April 2023 11. Debtors Trade Debtors Other Debtors Other Taxes & Social Security Costs Prepayments Accrued Income 12. Creditors – Amounts Falling Due Within 1 Year Trade Creditors Other Creditors Other Taxes & Social Security Costs Accruals |
IT, Office & Technical Equipment £ Total £ 20,069 20,069 8,281 8,281 (6,997) (6,997) |
|
| 21,353 21,353 16,153 16,153 4,793 4,793 (6,997) (6,997) |
||
| 13,949 13,949 |
||
| £7,404 £7,404 |
||
| £3,916 £3,916 2024 £ 2023 £ - 345 - 3,189 3,942 3,561 1,774 2,091 1,264 10,252 |
||
| £6,980 £19,438 2024 £ 2023 £ 10,007 11,632 13,291 488 11,919 3,034 6,945 4,152 |
||
| £42,162 £19,306 |
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
13. Analysis of Net Assets between Funds
| Fixed Assets Debtors Cash at Bank and In Hand Creditors – Amounts Due Within 1 Year nalysis of Charitable Funds Unrestricted Funds General Funds Restricted Funds Total Funds |
Unrestricted Funds Restricted Funds Total 2024 Total 2023 £ £ £ £ 7,404 - 7,404 3,916 6,980 - 6,980 19,438 435,242 - 435,242 278,628 (42,162) - (42,162) (19,306) £407,464 £- £407,464 £282,676 Fund at 1 April 2023 £ Incoming Resources in Year £ Resources Expended in Year £ Fund at 31 March 2024 £ 282,676 571,897 (447,109) 407,464 - - - - |
|---|---|
| £282,676 £571,897 £(447,109) £407,464 |
14. Analysis of Charitable Funds
15. Related Party Transactions
The charity has a close working relationship with Arts Council England which is a registered charity and has provided significant project funding which enables the charity to carry out its charitable objectives. In total, grant funding of £563,474 (2023: £254,092) from Arts Council England was recognised in the year.
At 31 March 2024, £Nil was owing to Eclipse Theatre Company Limited from Arts Council England (31 March 2023: £Nil).
16. Taxation
The company is a registered charity and no provision is considered necessary for taxation.
17. Financial Commitments
No material financial commitments have been made in respect of future financial periods.
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ECLIPSE THEATRE COMPANY LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
18. Company Limited by Guarantee
The charity is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding £1 as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.
There are currently 5 members of the company (2023 - 9 members).
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