## **DONCASTER PERFORMANCE VENUE LIMITED** 

(A Company Limited by Guarantee) 

(Company Number 07980160) (Charity Number 1148432) 

## **ANNUAL REPORT** 

**YEAR ENDED 31 MARCH 2024** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **CONTENTS** 

||**Page**|
|---|---|
|**Report of the Trustees**|1 - 7|
|**Statement of Trustees’ Responsibilities**|8|
|**Independent Auditor’s Report**|9 - 12|
|**Statement of Financial Activities**|13|
|**Balance Sheet**|14|
|**Notes to the Financial Statements**|15 – 27|





**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024** 

The Trustees of the charity, who are also the directors of the company for the purposes of the Companies Act, present their annual report and the audited financial statements of the company for the year ended 31 March 2024.  The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP 2019) “Accounting and Reporting by Charities” issued in preparing the annual report and financial statements of the charity. 

## **Reference and administrative details** 

Charity name: Doncaster Performance Venue Limited Charity registration number: 1148432 Company registration number: 07980160 Registered office and operational address: Cast Waterdale, Doncaster South Yorkshire England, DN1 3BU **Auditor** Hawsons Chartered Accountants 5 Sidings Court, White Rose Way Doncaster DN4 5NU **Bankers** Barclays Bank 10-12 Pinstone Street Sheffield S1 2HN **Directors / Trustees** D Fell (Chair) (Resigned 17/07/2023) N Ball A R Burden S Burton K Dainty E M Jones (Interim Chair) M Hewitt A Carver (Resigned 17/07/2023) I B Fossu (Resigned 17/07/2023) L Heyes (Resigned 17/07/2023) M D Hird (Resigned 17/07/2023) P Gowland (Resigned 17/07/2023) M J Rashbrooke (Appointed 25/10/2023) **Charity Executive Director** D Rees **Company Secretary** C Clarkson **Senior Management Team** Deputy Director C Clarkson Technical Director P Davies Head of Marketing and Development A Kelner Head of Participation S Clough 

**Page 1** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

(A COMPANY LIMITED BY GUARANTEE) 

## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024** 

## **Structure, Governance and Management** 

## **Governing Document** 

Doncaster Performance Venue Limited is a charitable company limited by guarantee, incorporated on 7 March 2012 and registered as a charity on 3 August 2012.  The company was established under a Memorandum of Association that clearly sets out the objects and powers of the charitable company and is governed under its Articles of Association. 

## **Recruitment and Appointment of Trustees** 

The directors of the company are also Trustees for the purposes of charity law and are responsible for the overall governance of the charity.  They seek to maintain a relevant skill mix within the Trustees in order to be able to operate the charity in a business like and professional manner.  In recruiting new Trustees, the charity seeks to secure the benefit of experience in relevant disciplines such as education and training, social and economic development, business and financial management, personnel management and artistic practice theatre management.  The Trustees normally meet monthly. 

## **Trustee Induction and Training** 

An induction pack for new Trustees includes the following information: 

Roles and responsibilities of a trustee of a charity drawn from Charity Commission publications. 

The main documents setting out the operational framework for the charity including the Memorandum and Articles of Association, current Business and Operational plans and the management/staff structure. 

Latest published accounts, budgets for the current financial year and recent financial reports. 

The minutes of the most recent trustee meeting. 

## **Organisational Structure** 

Doncaster Performance Venue Limited has a Board of Trustees, which meets monthly and can be convened at other times if required.  The Trustees can invite such other persons whose knowledge and experience, if it is deemed advantageous to the charity, to join the Trustees for a specified time or topic. 

The senior management team attend trustee meetings to advise as required.  Specialist subcommittees exist to advise on financial matters. 

## Related parties 

The charity works closely with City of Doncaster Council (the Council) in developing and delivering a successful artistic and cultural events strategy for the borough and wider area.  The building operated by the charity is owned by the Council and monies are made available by the Council to the charity for maintenance of the assets as well as revenue subsidy towards the provision of its charitable objectives. 

## Risk Management 

The Trustees have overall responsibility for ensuring that the charity has appropriate systems of controls, financial and otherwise, to manage the risks that it faces and to provide reasonable assurance that the charity is operating efficiently and effectively. 

These systems include and are designed to provide reasonable, but not absolute, assurances against material misstatement or loss. 

**Page 2** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024** 

The systems include: 

- A three-year business plan, reviewed annually and approved by the Trustees 

- An annual operational plan approved by the Trustees 

- An annual review of risks with assessment covering all aspects of the charity 

The Trustees recognise that the identification and management of risk is an ongoing process and have particular emphasis on: 

Financial controls and their continuous refinement/improvement; 

Performance management to ensure that the charity satisfies the expectations of commissioners, funders and beneficiaries; 

The management and monitoring of the health and safety risks associated with the charity’s activities; 

The review and revision of the charity’s internal policies and procedures; 

The monitoring and assessment of external threats and opportunities 

## **Objectives and Activities** 

The objectives of the charity are 

- to enhance the education of the public through promotion, production, presentation and management of artistic and cultural events and exhibitions. 

- to provide or assist in the provision of facilities in the interest of social welfare for recreation or older leisure time occupations for the purposes of improving the condition of life. 

We aim to engage with a diverse audience in an area recognised to have low engagement with the arts. We aim to promote to a varied audience with a mixed programme.  We will share experiences through many cultural forms, in order to find a different and positive appreciation of ourselves and others. We will be a 'cultural living room for Doncaster' but it’s not just a place that is locally relevant, it’s one that also cherishes an outward and international perspective. 

Our objectives are to build on the audience base that has attended the Doncaster Civic Theatre and the cultural and arts activity in the area, but to also reach further – to introduce new regional audiences to the possibilities of live performance and cultural activity as something that can connect with their stories and experiences 

The Trustees refer to the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and future direction. 

**Page 3** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024** 

## **Achievements and Performance** 

As the organisation passed its tenth anniversary, Cast enjoyed another successful year welcoming audiences, engaging participants across the city and supporting local artists.  We sold 100,773 tickets (including 2,837 disability companion tickets) to 386 shows.  Box office income for the year stood at £2,045,111, a year-on-year increase of 35%. 

## **Programme Highlights** 

The undoubted highlight of the year was the latest iteration of our relationship with the National Theatre, when in April we presented _The Cyclops_ on the Cast main stage.  The company was made up of 12 community members plus one professional cast member and was part of a five-part retelling of _The Odyssey_ which took place at four other partner venues around the country.  The finale, _The Underworld,_ graced the Olivier stage at the National Theatre and brought together cast members from the four other community performances. _Cyclops_ played for three performances and was well reviewed but more importantly was an uplifting and life-enhancing event for participants.  A follow up project with the some of these same citizen performers and our partners, _The Performance Ensemble_ , began in earnest in October as a co-devised event called _Sinfonia_ began to be rehearsed in preparation for a June 2024 performance. 

The final show to be rescheduled following the programme disruption brought about by Covid was _The Mousetrap_ which played to audiences of over 4500 and grossed more than £135,000, a great success for Cast and well worth the wait.  We were privileged to present Gecko’s powerful and moving piece, _Kin_ , inspired by migration stories; the National Theatre’s critically acclaimed _Sucker Punch_ ran for a week in June as part of our Theatre Nation Partnership _and_ Ballet Orent returned to Cast with _Rapunzel_ to celebrate our – and the show’s - tenth anniversary.  This performance formed part of the programme of activities that celebrated ten years since Cast’s launch and was complemented by a Gala Fundraising Dinner on the Main Stage. 

Local companies Imitating the Dog and Red Ladder both brought shows to Cast ( _Frankenstein_ and _We’re Not Going Back_ , respectively) and we continued our relationships with Music in the Round, Phoenix Dance Theatre and Gary Clarke Company, providing development space for the latter to devise his new piece _Detention_ .  We also hosted work from our Associate Artists:  Growth House ( _Big Strong Man_ ), Tawny Kay ( _Burlesque showcase_ ) and Wayne Sables ( _The Glass House_ ) as well as providing some financial support to Doncaster theatre company, BugLight. 

Cast’s 2023 pantomime, _Beauty and the Beast_ , was a huge success, after going through a significant pivot with a new writer, new director and new senior ensemble added to the company.  This was a major relief after the previous two years had been blighted by illness and Covid in the company. Happily, we managed the whole run of 51 shows without cancellations and the company were so committed that they volunteered to host a fundraising revue for Cast on one of their non-performance nights. 

**Page 4** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024** 

Following a Governance Review by David Clarke Associates there was some churn within the Trustees and a change of Chair.  At the year end, work around this review was still ongoing and we aim to build up the Trustee numbers and appoint a new Chair before the 2024 Annual General Meeting. There was also a change at the senior leadership level with the Technical Director moving on to a new role and the Head of Marketing taking maternity leave. 

We established DPVL Productions, a new subsidiary through which we would commission the production of pantomime and other in-house shows to make the Theatre Tax Relief claim a simpler process. 

This year we were subject to a 25% cut in our management fee from the local authority, the first of two years which will be affected. We recognise the pressures local authorities face but this, alongside the cost-of-living crisis and the pressure from rising utility costs, led to thorough review of our operational model, resulting in the closure of the offices and public spaces on Mondays and Fridays to reduce staffing and overhead costs.  In addition, the main Space programme was shifted in a more commercial direction with a focus on more entertainment shows.  Second Space shows were reduced to accommodate the reduction in staffing though we still managed to deliver 129 shows in that auditorium. 

Following discussions about the relationships between DPV and its parent company DCLT and CDC, a Governance Review by David Clarke Associates was commissioned.  A steering group was established to discuss the options outlined in the report.  This work continues.  The chair and some trustees decided to stand down in July 2023 and the Vice Chair took over the role of Chair.   At the year end, some keys points of governance remained unresolved and discussions continue whilst work to recruit new Trustees is scheduled to start in summer 2024. 

There was also a change at the senior leadership level with the Technical Director moving on to a new role and the Head of Marketing taking maternity leave. 

## **Future Plans** 

2024-25 will see a continuation of the local authority cuts, losing a further £73,000 from the management fee income.  As part of the mitigation plan, we plan to continue to work with TRG Arts who have helped us to refine our ticket pricing policy to try and make up this shortfall through tiered ticketing, dynamic pricing and an attractive membership scheme. 

After successfully applying for a grant from the Theatres Trust we finally installed solar panels on the venue’s roof in Spring 2024.  These should cut the building’s reliance on fossil fuels and therefore reduce Cast’s carbon footprint.  Though the fund only allowed for a relatively modest array there is scope to fundraise to add additional PVs in the future.  With the expectation of lower utility rates, we plan to open the building to the public on Fridays once more, with a reduced staff on the cafe.  This means that we can increase our offer to local artists looking for rehearsal space and potential meeting room hirers. 

In terms of creative output, the Performance Ensemble project will come to fruition in June 2024 with an Older People’s Takeover Weekend including the premiere of Sinfonia.  In September we will host Lampadaphores, a Global Streets production of an outdoor spectacular, offered free of charge to the people of Doncaster.  Christmas 2024’s pantomime will be Jack and the Beanstalk and we are delighted to be welcoming back our Dame and Comic sidekick from last year for an extended run. 

Our hardworking Participation department had an extremely busy year with Cyclops, The Underworld and Sinfonia alongside the usual roster of Scriptworks, Playreading Club, Youth Theatre, NT Connections, Hello Baby, Tuneful Chatter, Open Days, Dementia Cinema, Work Experience and the 

**Page 5** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

(A COMPANY LIMITED BY GUARANTEE) 

**TRUSTEES’ REPORT** 

**FOR THE YEAR ENDED 31 MARCH 2024** 

biannual Youth Theatre Show, this year entitled Time Casters.  Over 11,000 creative engagement sessions took place either in the venue or elsewhere in the community throughout the year. 

## **Financial Review** 

Turnover increased 9.36% on last year to £3,168,916. Much of this was derived from the staged programme after pivoting to a more commercial offer coupled with the impact of TRG pricing. Unusually there were three shows in the year which attracted Theatre Tax Relief and the enhanced claim rate benefited the bottom line. 

Restricted funds were spent down as multi-year grant funded projects were realised.  The end of year unrestricted result shows a surplus of £67,834, a welcome turnaround from the originally deficit budgeted at the beginning of the year.The overall deficit for the year was £26,107, which is a significant improvement on the previous year. 

Our trading subsidiary, Cast Events Ltd, had a record-breaking year despite losing operational days due to the remedial works on the fire curtain at the busiest time of the year.  This year’s surplus of £71,048 will be recognised in the 2024/25 accounts of the charity. 

In this year we are grateful to have received support from, amongst others, Theatres Trust, the National Theatre, Amazon, CMS Social Impact Fund, Greenwich + Docklands International Festival (Global Streets), Vigo and Fenwood Estates as well as all our members and our key funders, Arts Council England City of Doncaster Council. 

## **Reserves Policy** 

The Charity has sufficient reserves to maintain day to day trading.  We maintain our intention to create a six-month operational reserve of £700,000 to ease cashflow, cover any shows that significantly underperform on the box office and to mitigate against unforeseen funding cuts.  In addition, we aim to increase our premises refurbishment pot (sinking fund) by adding 50% of any unrestricted surpluses each year.  The fund will be used to replace and refurbish the fabric of the building in the longer term. This year £Nil will be added to this sinking fund meaning freely available reserves (including said designated fund) are therefore £340,314. 

**Page 6** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

(A COMPANY LIMITED BY GUARANTEE) 

## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024** 

## **Going concern** 

After due consideration of all relevant factors the financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held, the support available from group entities and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure are sufficient with the level of reserves for the charity to be able to continue as a going concern. 

## **Disclosure of information to the auditors** 

We, the directors of the company who held office at the date of approval of these Financial Statements as set out above each confirm, so far as we are aware, that: 

- there is no relevant audit information of which the company’s auditors are unaware; and 

- we have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant audit information and to establish that the company’s auditors are aware of that information. 

Signed on behalf of the Board of Trustees 

E M Jones **Trustee** 

………………………………. 

**Page 7** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024** 

The Trustees (who are also directors of Doncaster Performance Venue Limited for the purposes of company law) are responsible for preparing the Trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Charity law requires the Trustees to prepare financial statements for each financial period.  Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including its income and expenditure, of the charity for the period.  In preparing those financial statements the Trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP 2019 (FRS 102); 

- make judgements and accounting estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy, at any, time the financial position of the charitable company and enable them to ensure that the financial statements comply with the requirements of the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of the financial statements and other information included in annual reports may differ from legislation in other jurisdictions. 

**Page 8** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF DONCASTER PERFORMANCE VENUE LIMITED** 

## **Opinion** 

We have audited the financial statements of Doncaster Performance Venue Limited (“the Charitable Company”) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, Balance Sheet, the Statement of Cash Flows and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). 

In our opinion, the financial statements: 

- give a true and fair view of the state of the Charitable Company’s affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Companies Act 2006. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charitable Company in accordance with the ethical requirements relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions related to going concern** 

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: 

- the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or 

- the Trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Charitable Company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. 

## **Other information** 

The Trustees are responsible for the other information.  The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. 

**Page 9** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF DONCASTER PERFORMANCE VENUE LIMITED** 

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 

We have nothing to report in this regard. 

## **Opinions on other matters prescribed by the Companies Act 2006** 

In our opinion, based on the work undertaken in the course of the audit: 

- the information given in the Trustees’ Report, which includes the Directors’ Report prepared for the purposes of Company Law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- the Trustees’ Report has been prepared in accordance with applicable legal requirements. 

## **Matters on which we are required to report by exception** 

In the light of the knowledge and understanding of the Charitable Company and its environment obtained in the course of the audit, we have not identified material misstatement in the Strategic report or the Trustee’s report. 

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion; 

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of Directors’ remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit; or 

- the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime; or 

- were not entitled to take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report. 

**Page 10** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF DONCASTER PERFORMANCE VENUE LIMITED** 

## **Responsibilities of Trustees** 

As explained more fully in the Statement of Trustees’ Responsibilities (set out on page 8), the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the Trustees are responsible for assessing the Charitable Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Charitable Company or to cease operations, or have no realistic alternative but to do so. 

## **Auditor’s responsibilities for the audit of the financial statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

- Discussions with management and those responsible for legal compliance procedures within the charity to obtain an understanding of the legal and regulatory framework applicable to the charity and how the charity complies with that framework, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud; 

- Reviewing minutes of trustees’ meetings; 

- Identifying and assessing the design effectiveness of controls that management has in place to prevent and detect fraud and non-compliance with laws and regulations; 

- Challenging assumptions and judgements made by management in their significant accounting estimates. 

- Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations or posted by senior management. 

There are inherent limitations in the audit procedures described above and the more removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. 


**Page 11** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF** 

## **DONCASTER PERFORMANCE VENUE LIMITED** 

A further description of our responsibilities is available on the FRC's website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-the-audit-of-thefi/description-of-the-auditor%E2%80%99s-responsibilities-for.This description forms part of our auditor’s report. 

## **Use of our report** 

This report is made solely to the Charitable Company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Charitable Company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charitable Company and the Charitable Company’s members as a body, for our audit work, for this report, or for the opinions we have formed. 

Daniel Wood (Senior Statutory Auditor) For and on behalf of Hawsons Chartered Accountants, Statutory auditor 5 Sidings Court White Rose Way Doncaster South Yorkshire DN4 5NU 

Date …………………………………… 

**Page 12** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

(A COMPANY LIMITED BY GUARANTEE) 

**STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2024** 

|||||**Total**|Total|
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Funds**|Funds|
|||**Funds**|**Funds**|**2024**|2023|
||**Notes**|<br>**£**|**£**|**£**|£|
|**Donations and legacies**|**3**|**42,503**|**-**|**42,503**|38,801|
|**Income from other trading activities 4**||**219,484**|**-**|**219,484**|160,362|
|**Incoming resources from charitable**|**activities:**|||||
|Operation of theatre|**5**|**2,663,162**|**182,759**|**2,845,921**|2,694,577|
|Gift aid from subsidiary||**61,008**|**-**|**61,008**|3,863|
|||________|________|________|________|
|**Total incoming resources**||**2,986,157**|**182,759**|**3,168,916**|2,897,603|
|||________|________|________|________|
|**Expenditure on charitable activities 6**||**3,013,092**|**276,700**|**3,289,792**|3,156,372|
|**Taxation**||**(94,769)**|**-**|**(94,769)**|(137,419)|
|||_______|________|________|________|
|**Total resources expended**||**2,918,323**|**276,700**|**3,195,023**|3,018,593|
|||________|________|________|________|
|**Net (outgoing) resources and**||||||
|**net movement in funds**|**8**|**67,834**|**(93,941)**|**(26,107)**|(121,350)|
|**Reconciliation of funds**||||||
|**Transfers**||**(8,191)**|**8,191**|**-**|**-**|
|**Total funds brought forward**||**653,821**|**261,132**|**914,953**|1,036,303|
|||________|________|________|________|
|**Total funds carried forward**||**713,464**|**175,382**|**888,846**|914,953|
|||________|________|________|________|



The statement of financial activities includes all gains and losses recognised in the year. 

All incoming resources and reserves expended derive from continuing activities. 

The notes below form part of these financial statements. 

**Page 13** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

(A COMPANY LIMITED BY GUARANTEE) (Company Registration No. 07980160) (Charity Registration No. 1148432) 

## **BALANCE SHEET** 

## **AS AT 31 MARCH 2024** 

|**Notes**<br>**£**<br>**Fixed Assets**<br>Tangible assets<br>**10**<br>**Current Assets**<br>Debtors<br>**11**<br>**572,674**<br>Cash at bank and in hand<br>**1,464,230**<br>________<br>**Current Assets**<br>**2,036,904**<br>**Creditors**: amounts falling due within<br>one year<br>**12** **(1,242,075)**<br>________<br>**Net Current Assets**<br>**Net Assets**<br>**Funds**<br>**Unrestricted funds**<br>**14**<br>**Designated funds**<br>**14**<br>**Restricted funds**<br>**14**|**2024**<br>**£**<br>£<br>**94,017**<br>778,468<br>1,005,814<br>________<br>1,784,282<br>(976,040)<br>________<br>**794,829**<br>________<br>**888,846**<br>________<br>**373,150**<br>**340,314**<br>**175,382**<br>________<br>**888,846**<br>________|2023<br>£<br>106,711<br>808,242<br>________<br>914,953<br>________<br>345,470<br>308,351<br>261,132<br>________<br>914,953<br>________|
|---|---|---|



The charities financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 - small entities. 

The financial statements were approved and authorised for issue by the Board and were signed on its behalf on       ……………………............. 

E M Jones Trustee 

**Page 14** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **1. ACCOUNTING POLICIES** 

The charity is a private charitable company limited by guarantee incorporated in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.  The address of the registered office is given on the company information page and the nature of the group’s operations and its principal activities are set out in the trustees’ report. The functional and reporting currency is Sterling and the financial statements are rounded to the nearest £1. 

The principal accounting policies are summarised below.  The accounting policies have been applied consistently throughout the period. 

## **a) Basis of preparation of financial statements** 

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 – second edition published in October 2019. 

The Trustees are reviewing various means of income generation and expect these will provide adequate resource for the charity to enable delivery of its business plan. The Trustees are confident that the charity’s cash flows, projections and forecasts for the next twelve months will be achieved, and in these circumstances consider it appropriate that the charity’s financial statements be prepared on a going concern basis. 

The charity meets the definition of a public benefit entity under FRS 102. 

Financial reporting standard 102 - reduced disclosure exemptions 

The  company  has  taken  advantage  of  the  following  disclosure  exemptions  in  preparing  these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": 

the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d) the requirements of Section 11 Financial Instruments paragraphs 11.39 to 11.48A; the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.29; the requirements of Section 33 Related Party Disclosures paragraph 33.7. 

## **b) Fund accounting** 

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. 

Designated funds are unrestricted funds earmarked at the discretion of the Charity’s officers. 

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure, which meets these criteria, is charged to the fund. 

**Page 15** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **c) Incoming resources** 

All incoming resources arose within the United Kingdom. All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.  The following specific policies are applied to particular categories of income: 

Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable.  Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. 

Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. 

## **d) Gift aid income** 

Taxable profits transferred from subsidiaries are recognised as income when the subsidiary has made an irrevocable commitment to the charity to pay tradeable profits. 

During the year the charity has received taxable profits from subsidiaries of £61,008 (2023 - £3,863). 

## **e) Tangible fixed assets** 

Tangible fixed assets are stated at cost or valuation less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: 

Stage lighting and fitting 20% on cost Plant and Equipment 20-25 % on cost 

The Charity does not capitalise assets that cost less than £250. 

**Page 16** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **f) Resources expended** 

Expenditure is recognised on an accruals basis as a liability is incurred.  Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: 

- 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. The apportionment of cost is made on the basis of estimates by management using various appropriate measures. 

- Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. 

- All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly; others are apportioned on an appropriate basis based up the use of the resource. 

## **g) Realised gains and losses** 

Realised gains and losses arising on disposal of tangible fixed assets are included in the Statement of Financial Activities as an incoming resource for a gain and as resources expended for a loss. 

## **h) Irrecoverable VAT** 

The charity’s income is partially exempt for VAT purposes and as such it cannot reclaim all input VAT on goods and services received.  There is a charge in the Statement of Financial Activities for the year ended 31 March 2024 of £250,552 (2023: £125,848) relating to non-recoverable VAT. 

## **i) Debtors** 

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. 

## **j) Creditors** 

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. 

## **k) Key judgements and source of estimation uncertainty** 

The preparation of financial statements in compliance with FRS102 requires the use of certain critical accounting estimates and requires management to exercise judgement in applying the company’s accounting policies. The Trustees have deemed that there are no particular critical accounting estimates and judgements involved in the preparation of the financial statements. 

**Page 17** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **l)  Going concern** 

After due consideration of all relevant factors, the financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held, the support available from group entities and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. 

## **2. TAXATION** 

The company is a charity within the meaning of Para 1 Schedule 6 Finance Act 2010. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains within categories covered by Chapter 3 of 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. 

No tax charge arose in the period. 

## **3. DONATIONS AND LEGACIES** 

|**Unrestricted**<br>**Funds**<br>**£**<br>Donations<br>**42,503**<br>________<br>**INCOME FROM OTHER TRADING ACTIVITIES**<br>**Unrestricted**<br>**Funds**<br>**£**<br>Room hire<br>**113,338**<br>Other income<br>**106,146**<br>**________**<br>**219,484**<br>**________**|**Restricted**<br>**Funds**<br>**£**<br>**-**<br>________<br>**Restricted**<br>**Funds**<br>**£**<br>**-**<br>**-**<br>**________**<br>**-**<br>**________**|**_**<br>**_**|**Total**<br>**Funds**<br>**2024**<br>**£**<br>**42,503**<br>________<br>**Total**<br>**Funds**<br>**2024**<br>**£**<br>**113,338**<br>**106,146**<br>**_______**<br>**219,484**<br>**_______**|**_**<br>**_**|Total<br>Funds<br>2023<br>£<br>38,801<br>________<br>Total<br>Funds<br>2023<br>£<br>115,349<br>45,013<br>**_______**<br>160,362<br>**_______**|
|---|---|---|---|---|---|



## **4. INCOME FROM OTHER TRADING ACTIVITIES** 

**Page 18** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **5. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES** 

|**Unrestricted**<br>**Funds**<br>**£**<br>**Income from shows and performances**<br>Gross income from admission charges<br>and programmes<br>2,045,114<br>**Funders and local authorities**<br>Arts Council<br>National Portfolio Funding<br>325,888<br>CDC<br> Management fee<br>292,160<br>Cultural manager<br>-<br>HAF CDC Winter**-**<br>HAF CDC Easter<br>-<br>Global Streets – We are watching<br>-<br>Incredible Journeys<br>-<br>Freshworks<br>-<br> Scriptworks<br>-<br>Talent Development<br>-<br>Doncaster People Theatre<br>-<br>Public Acts<br>-<br>National Theatre Connections<br>-<br>We are IVE Ltd<br>-<br>ARG<br>-<br>Speak Up<br>-<br>VCFS Warm Space<br>-<br>VCF Welcome Space<br>-<br>Tuneful Chatter<br>-<br>Oddysey Fund<br>**-**<br>Time Casts<br>-<br>Amazon<br>-<br>Three Monkies Trust<br>-<br>Royal National Theatre – TNP<br>-<br>Performance Ensemble<br>-<br>Theatres Trust<br>-<br> <br> <br>**________**<br>**2,663,162**<br>**________**|**Restricted**<br>**Funds**<br>**£**<br>**-**<br>**-**<br>**-**<br>17,381<br> - <br>5,385<br>-<br>-<br>-<br>-<br>8,000<br>5,000<br>1,693<br>-<br>-<br>3,500<br>83,397<br>-<br>-<br>13,089<br>4,211<br>-<br>8,500<br>3,500<br>6,903<br>2,200<br>20,000<br>**________**<br>**182,759**<br>**________**|**Total**<br>**Funds**<br>**2024**<br>**£**<br>**2,045,114**<br>**325,888**<br>**292,160**<br>**17,381**<br>**-** <br>**5,385**<br>**-**<br>**-**<br>**-**<br>**-**<br>8,000<br>5,000<br>**1,693**<br>**-**<br>**-**<br>**3,500**<br>**83,397**<br>**-**<br>**-**<br>**13,089**<br>**4,211**<br>**-**<br>8,500<br>3,500<br>6,903<br>2,200<br>20,000<br>**________**<br>**2,845,921**<br>**________**|Total<br>Funds<br>2023<br>**£**<br>1,511,207<br>325,886<br>365,160<br>38,618<br>9,700<br>-<br>15,088<br>17,000<br>6,904<br>9,435<br>-<br>-<br>232,138<br>4,000<br>3,750<br>163<br>83,400<br>5,000<br>5,000<br>1,350<br>56,879<br>3,900<br>-<br>-<br>-<br>-<br>-<br>**________**<br>2,694,577<br>**________**|
|---|---|---|---|



**Page 19** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **6. EXPENDITURE ON CHARITABLE ACTIVITIES** 

||||**Total**|Total|
|---|---|---|---|---|
||**Unrestricted**|**Restricted**|**Funds**|Funds|
||**Funds**|**Funds**|**2024**|2023|
||**£**|**£**|**£**|**£**|
|Artists|**833,791**|**90,780**|**924,571**|578,981|
|Production expenses|**113,796**|**102,714**|**216,510**|328,473|
|Participation|**145,550**|**20,775**|**166,325**|300,243|
|Marketing|**103,777**|**-**|**103,777**|78,241|
|Staff costs|**825,938**|**40,547**|**866,485**|1,006,929|
|Premises|**550,016**|**-**|**550,016**|452,604|
|Support and governance costs|**440,224**|**21,884**|**462,108**|410,901|
||________|________|________|________|
||**3,013,092**|**276,700**|**3,289,792**|3,156,372|
||________|________|________|________|



## **7. ALLOCATION OF SUPPORT AND GOVERNANCE COSTS** 

The charity allocates its support and governance costs as shown in the table below. 

Support and governance costs are allocated on a basis consistent with the use of resources. 

|**Unrestricted**<br>**Restricted**<br>**Funds**<br>**Funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>Depreciation<br>**16,580**<br>**21,884**<br>Irrecoverable VAT<br>**250,552**<br>**-**<br>Legal and professional<br>**28,252**<br>**-**<br>Office expenses<br>**144,840**<br>**-**<br>________<br>________<br>**440,224**<br>**21,884**<br>________<br>________|**Total**<br>**Costs**<br>**2024**<br>**£**<br>**38,464**<br>**250,552**<br>**28,252**<br>**144,840**<br>________<br>**462,108**<br>________|Total<br>Costs<br>2023<br>£<br>27,822<br>125,848<br>20,431<br>236,800<br>________<br>410,901<br>________|
|---|---|---|



**Page 20** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **8. NET OUTGOING RESOURCES FOR THE YEAR** 

||**2024**|2023|
|---|---|---|
||**£**|**_£_**|
|_This is stated after charging:_|||
|_Depreciation_|**38,464**|27,822|
|Auditor’s remuneration|||
|Audit fees|**4,300**|4,100|
|Accountancy services|**2,250**|2,550|



## **9. STAFF COSTS** 

The company has no employees. 

The cost of staff employed by the parent company, Doncaster Culture and Leisure Trust, but engaged in the activities of the charity, are recharged to the charity. 

No remuneration is paid to directors/trustees. 

Travelling and subsistence expenses incurred by Trustees on charity business are reimbursed. The amount reimbursed in the period was £nil (2023: £nil). 

**Page 21** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **10. FIXED ASSETS** 

|**1.DEBTORS**<br>Operational debtors<br>Other debtors<br>Prepayments and accrued income<br>Amounts owed by group undertakings<br>**COST**<br>As at 1 April 2023<br>Additions<br>**At 31 March 2024**<br>**DEPRECIATION**<br>As at 1 April 2023<br>Charge for the year<br>**At 31 March 2024**<br>**NET BOOK VALUE**<br>**At 31 March 2024**<br>At 31 March 2023|**Stage**<br>**lighting and**<br>**fittings**<br>**£**<br>**609,480**<br>**-**<br>**609,480**<br>**518,583**<br>**21,884**<br>**540,467**<br>**69,013**<br>90,897|**2024**<br>**£**<br>**76,846**<br>**95,044**<br>**206,436**<br> **194,348**<br>________<br>**572,674**<br>________<br>**Other fixed**<br>**assets**<br>**£**<br>**71,282**<br>**25,770**<br>**97,052**<br>**55,468**<br>**16,580**<br>**72,048**<br>**25,004**<br>15,814|2023<br>£<br>81,905<br>137,692<br>353,879<br>204,992<br>________<br>778,468<br>________<br>**Total**<br>**£**<br>**680,762**<br>**25,770**<br>**706,532**<br>**574,051**<br>**38,464**<br>**612,515**<br>**94,017**<br>106,711|
|---|---|---|---|
|||||
|||||
|||||



## **11. DEBTORS** 

**Page 22** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

(A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

|**12.CREDITORS**||||
|---|---|---|---|
|||**2024**|2023|
|||**£**|£|
|**Amounts falling due within one year:**||||
|Operational creditors||**205,389**|93,652|
|Amounts owed to group undertakings||**204,019**|-|
|Other creditors, accruals and deferred income||**832,667**|882,388|
|||________|________|
|||**1,242,075**|976,040|
|||________|________|
|**13.ANALYSIS OF NET ASSETS BETWEEN FUNDS**||||
||**Unrestricted**|**Restricted**||
||**funds**|**funds**|**Total**|
||**2024**|**2024**|**2024**|
||**£**|**£**|**£**|
|Fixed assets|**25,004**|**69,013**|**94,017**|
|Cash at bank and in hand|**1,357,861**|**106,369**|**1,464,230**|
|Other net current assets|**572,674**|**-**|**572,674**|
|Current liabilities|**(1,242,075)**|**-**|**(1,242,075)**|
||________|________|________|
|**Total net assets**|**713,464**|**175,382**|**888,846**|
||________|________|________|
||Unrestricted|Restricted||
||funds|funds|Total|
||2023|2023|2023|
||£|£|£|
|Fixed assets|15,814|90,897|106,711|
|Cash at bank and in hand|835,579|170,235|1,005,814|
|Other net current assets|778,468|-|778,468|
|Current liabilities|(976,040)|-|(976,040)|
||________|________|________|
|Total net assets|653,821|261,132|914,953|
||________|________|________|



**Page 23** 



## **DONCASTER PERFORMANCE VENUE LIMITED** 

## (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **14. ANALYSIS OF CHARITABLE FUNDS** 

|**Analysis of movement in**<br>**restricted funds:**<br>Stage lighting and fitting<br>Esmee Fairbairn<br>Liz and Terry Bramall<br>Foundation<br>Public Acts<br>CDC – Cultural Manager<br>CDC – Winter holiday<br>National Theatre Connections<br>Amazon<br>Three Monkies Trust<br>Royal National Theatre - TNP<br>Performance Ensemble<br>Theatres Trust Charity<br>ARG<br>CDC Talent Development<br>Speak Up<br>Darts - Tuneful Chatter<br>Oddysey Fund<br>VCFS – Welcome Spaces<br>VCFS – Oddysey Prologue<br>Age Is Revolting<br>CDC - Incredible Journeys<br>CDC – Freshworks<br>CDC - ScriptworkS<br>**Analysis of movement in**<br>**designated funds:**<br>Building refurbishment<br>**Analysis of movement in**<br>**unrestricted funds:**<br>General funds|**Balance**<br>**at 1 April**<br>**2023**<br>**£**<br>**68,198**<br>**6,204**<br>**2,348**<br>**-**<br>**25,708**<br>**-**<br>**4,000**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**3,900**<br>**-**<br>**52,524**<br>**250**<br>**60,914**<br>**-**<br>**3,747**<br>**-**<br>**17,000**<br>**6,904**<br>**9,435**<br>**261,132**<br>**308,351**<br>**345,470**<br>**914,953**|**Incoming**<br>**Resources**<br>**£**<br>-<br>-<br>-<br>1,693<br>17,380<br>5,385<br>-<br>8,500<br>3,500<br>6,903<br>2,200<br>20,000<br>-<br>8,000<br>83,398<br>13,089<br>4,211<br>5,000<br>-<br>3,500<br>-<br>-<br>-<br>**182,759**<br>**-**<br>**2,986,157**<br>**3,168,916**|**Resources**<br>**Expended**<br>**£**<br>(18,964)<br>(6,204)<br>(2,920)<br>(1,693)<br>(24,809)<br>-<br>(1,600)<br>-<br>-<br>(898)<br>(579)<br>-<br>(11,519)<br>(8,000)<br>(83,964)<br>(13,339)<br>(65,547)<br>-<br>(3,325)<br>-<br>(17,000)<br>(6,904)<br>(9,435)<br>**(276,700)**<br>**-**<br>**(2,918,323)**<br>**(3,195,023)**|**Transfers**<br>**£**<br>-<br>-<br>572<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>7,619<br>-<br>-<br>-<br>422<br>-<br>(422)<br>-<br>-<br>-<br>-<br>**8,191**<br>**31,963**<br>**(40,154)**<br>**-**|**Balance at**<br>**31**<br>**March**<br>**2024**<br>**£**<br>**49,234**<br>**-**<br>**-**<br>**-**<br>**18,279**<br>**5,385**<br>**2,400**<br>**8,500**<br>**3,500**<br>**6,005**<br>**1,621**<br>**20,000**<br>**-**<br>**-**<br>**51,958**<br>**-**<br>**-**<br>**5,000**<br>**-**<br>**3,500**<br>**-**<br>**-**<br>**-**|
|---|---|---|---|---|---|
||||||**175,382**<br>**340,314**<br>**373,150**|
||||||**888,846**|



**Page 24** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **Name of Restricted fund** 

Stage lighting and fittings – To purchase and for the refurbishment of capital equipment at Cast. 

Esmee Fairbairn – A grant to support Artist Development across South Yorkshire and particularly in Doncaster. 

Liz and Terry Bramall – To fund the purchase of a piano for use on our stages. 

Royal National Theatre TNP – Supporting the theatre nation partnership, sharing skills, knowledge, insight and product with partners including the National Theatre. 

RNT Public Acts - Support for the performance of Doncastrian Chalk Circle through our partnership with the National Theatre 

RNT Speak Up - A collaboration with five partner schools and the National Theatre to encourage young people to speak up about issues that matter to them 

RNT – Odyssey - Support for the performance of _Cyclops_ through our partnership with the National Theatre 

Doncaster People's Theatre - A community performance group based at Cast 

CDC Freshworks - Artist Development activities 

CDC Scriptworks - A creative writing group for community members of Doncaster 

CDC Incredible Journeys - A Doncaster Cultural Education Partnership project for young people in the city 

CDC Cultural Manager – a joint project funded by _Doncaster Opportunities Area_ and _We Are IVE_ to promote partnership working between creative organisations and schools in Doncaster. 

CDC Holiday Fund - Healthy food and activities at Cast for young people from low-income backgrounds 

CDC Talent Development - Developing the artistic talent of Doncaster through a range of initiatives 

Darts - Tuneful Chatter - A partnership project with darts supporting creative activities for children in their early years 

Age is Revolting – This is Young People performance project. 

**Page 25** 



**DONCASTER PERFORMANCE VENUE LIMITED** (A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

VCFS - Welcome Space - Funding to ensure an accessible, free, warm space for non-paying visitors at Cast 

Performance Ensemble - Support toward _Sinfonia_ , a performance by older community members 

Three Monkies Trust - Bursaries for young people from low-income families to take part in Cast's Youth Theatre 

Amazon - Funding support to provide access measures to Cast's programme at all levels 

Theatres Trust Charity - Funding to support the instalment of solar panels on the venue's roof 

National Theatre Learning & Connect – To support the National Theatre Connections Festival. 

ARG – This fund focused on the creation of new work by and for Doncaster residents, skill opportunities and career pathways. 

VCFS – Odyssey Prologue – A CDC fund to support an Odyssey companion piece delivered alongside the National Theatre Public Acts/Odyssey project. 

## **Name of Designated fund** 

Building refurbishment – designated for the replacement and refurbishment of the building in the longer term. 

**Page 26** 



**DONCASTER PERFORMANCE VENUE LIMITED** 

(A COMPANY LIMITED BY GUARANTEE) 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** 

## **15. ULTIMATE PARENT UNDERTAKING** 

The charity is a wholly owned subsidiary of Doncaster Culture and Leisure Trust (The Dome, Doncaster Leisure Park, Bawtry Road, Doncaster, DN4 7PD, company number 4410993, charity number 1103465), which is the largest and smallest group for which consolidated accounts are prepared. In the opinion of the trustees this is the company's ultimate parent company and ultimate controlling party.  Consolidated accounts are available from Companies House, Cardiff. 

## **16. RELATED PARTIES** 

The parent company of the charity, Doncaster Culture & Leisure Trust (Company Registration Number: 04410993), is partly funded via a management fee from the City of Doncaster Council (CDC) and by virtue of this indirect control CDC is deemed by the trustees to be a related party. 

The following additional transactions and balances occurred with CDC during the period: 

||**2024**|2023|
|---|---|---|
||**£**|£|
|**Unrestricted funds**|||
|Management fee|**292,160**|365,160|
|**Restricted funds**|||
|Cultural manager|**17,380**|38,618|
|HAF Winter|**5,385**|9,700|
|Incredible Journeys|**-**|17,000|
|Global streets|**-**|15,088|
|Freshworks|**8,000**|6,904|
|Scriptworks|**-**|9,435|



The company has taken advantage of the exemptions available in FRS 102 from disclosing transactions with group undertakings on the grounds that its parent company is the sole member of the charity and it is thus part of a group for which consolidated accounts are publicly available. 

## **17. SUBSIDIARY COMPANIES** 

The following were subsidiaries of the charity: - 

|||||**Aggregate**|**Surplus/**|
|---|---|---|---|---|---|
|||||**Share**|**profit for**|
||||**Description**|**Capital &**|**period**|
||**Nature of**|**Registered office**|**of Share**|**Reserves at**|**ended**|
|**Name of Undertaking**|**Business**||**Capital**|**31/03/24**|**31/03/24**|
|Cast Events Limited|Catering|Cast, Waterdale,|100% £1|**£69,316**|**£71,048**|
|||Doncaster, DN1|ordinary|||
|||3BU England|shares|||



**Page 27**