Company registration number.. 07980160 Charity regislratson number.. 1148432 Doncaster Performance Venue Limited IA company limited by guarantee) Annual Report and Finanual Statements for the Year Ended 31 March 2025 Charity Commission 0 6 JAN 2026 Received
Doncaster Performance Venue Limited Contents Icontinued) Trustees. Report 1to8 statement of Trustees. Responsibilities Independent Auditors, Report 10t013 Statement of Financial Ad1VeS 14 Balance Shoel 15 Statement of Cash Flows 16 Notes to the Financial Slalemenls 17to29
Doncaster Perfomiance Venue Llmited Trustees, Report Reference and Adminiytrative Details The Iruslees (who are also d1CtOrS of Doncaster Perfomance Venue Limited for the purposes of company lawl are responsible for preparing th8 Tru51ees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢¢pled Accounting Practice). The tr(Jslees have adopt&d the provisions of the Stalemenl of Recommendèd Practice ISORPI "Accounting and Reports'ng by Charthes IFRS1021 in preparing the annual report and finanaal $tsl&menls of the charity. Charlty règistration number.. 1148432 Company registration numbèr.. 07980160 Registered offic8'. Cast, Watèrdgle Doncaster South Yorkshire DN138U Auditor: Hawsons Chartered Accountants 5 Sidings Court White Rose Way Doncaster Soulh York$hire DN4 5NU Bankèrs.. Barclays Bank 10-12 Pinstone Street Sheffield S12HN Dlrèctorsrrru$tges.' E K Shah (appointed 28 November 2024) M Hewtt S Burton Iresigned 19 September 20251 K Dainty (resignéd 23 September 20251 A R Burden E M Jones (resigned 22 Sepltsmber 20251 N Ball (resigned 29 May 20251 L Heyes 18pp04nled 28 November 2024 and resigned 6 Ociober 20251 M J Rashbrookè Iiesigned 6 October 20251 M H Cook (appointed 28 Novernber 2024 and resigned 19 September 20251 Chièf Executive Director.. D Rees Company Secretary.. C Clarkson P8ge 1
Doncaster Perfomiance Venue Limited Trustees, Report (continued) Senlor Management Team.. C Clarkson, Deputy Director P Davies, Technical Director A Kelner, Head ol Maikeling and Devèlopment S Clough, Head of Partiapalion Page 2
Doncaster Performance Venue Limited Trustees. Report (continued) Structure, governance and managem•nt Goveming docum8nt Doncaster Performance Venue Limlted 1$ a charitable company limited by guarantee. incorporated On 7 March 2012 and registered as a charity on 3 August 2012. Thè cotnpany was established under a Memorandum of Association that clearly sets out the objects and powers of the charitsble company and is gtsverned under its Artides of Association. Recruitment and appolntmènt of trustees The directors of thè company are also Trustees for the purposes of charity law and are responsible for the overall governance of the charity. They seek lo maintain a relevant skill mix within the Trustees in order to be able to operate the charty in a business like and professional manner. In recruiting new Trustees, the charity seeks to secLbre the benefit ol experience in relevant diseiplinès such as education and training, social and economic development, business and finanaal management, personnel management and artistic practice theatre management. The Trustees normally meet monlhty. Trustee induction and tralnlny An induction pack for new Trusteas includes the following infomialion.. Roles and responsibilities of a tru51ee of a charity drawn from Charty 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 managemenV5taff $lruclure. Latest published accounts, budgets lor the ¢rnt financial year and recent finanaal reports. The minutes of the most r&cont trusteè meeting. Organtsatlonal structure Doncaster PerfDmiance Venue Limited has a Board of Trustees, which meets monthly and can be convened al other tirnes if required. Th8 Trustees 12n invite such other persons whose knowledge and experience. if il is deemed advantageous lo tho charity. lo join the Trustees for a specified time 0¢ topic. The senior management team attend trustee meÈling8 to advise as required. Specialist subcommittees exist to advise on financial matters Page 3
Doncaster Performance Venue Limited Trustees, Report (continued) Relatèd parties The Charity works closely with City of Doncaster council Ithe Councill in developing and delivering a successful artistic and cultural events strategy for the borough and wider area. The building operated by the charity is owned by the Council and monies are made available by the Council to the charity for maintenan¢e of the assets as well as revenuè subsidy towards the provision of 115 charitable objectives. Rlsk Management The Trustees have overall responsibility for ensuring that the charity has appiopriale systems of controls. financial and otheTwise, to manage the risks that it faces and lo provide reasonable assurance that the charity is operating efficiently and effectively. These systems indude and are designed to provide reasonable, but not absolute, as$urances against material mis5talemenl or loss. The systems include.. A three-year business plan. reviewèd annually and approved by the Trustees An annual operational plan approved by the Tru51ees . An annual review ol rtsks with assessment covering all aspects of th& charity The Trustees recognise th* the identification and management of risk is an ongoing proctrss and have particular emphasis on.. FtnancAal ¢onlrols and their continuous refinem&nUimprovemenl,' Performance management to ensure that the charty sa113fies the expectats.ons of commissioners. funders and b&neficiaries', The management and monilofing of the health and safety risks a550ciat8d with thg thanty's 8clivilies., The review and revision of the Charity's internal policies and procedures,. The monrtoring and assessmonl of external threats and opportunrties Page 4
Doncaster Performance Venue Limited Trustees, Report (continued Objectlves and Actlvltles The objectives of the charity are to enhan the educ8kn.on of the public through promotion, production, presentslion and management of artistic and cultural events and exhibitions, to provide or assist in the provision of faciliti8s in the interest of social welfare for recreation or older leisure time occupab'ons for the purposes of improving the condition of lrfe. We aim to engage with a diverse audience In an aa recognlsed to have low engagement with the arts. We aim to prornote to a v8ned audience with a mixed programme. We will share experiences through many cuUral ftsmis, in order lo find a different and PC>silive 8pprerAab"on of ourselves and others. We will be a 'cultural livtng room for Doncaster, bul ifs not just a place that is locally relevant. it's Dne that also cherishes an oUad and international perspective. Our objectives are to build on the audien base that has attended the Doncaster Civic The*re and the cultural and art5 activity in the area, but to also reach further- to introduce new regional audien$ to the possibilities of live performance and cultural activity as 50methin9 that can connect with their stories and experiences. The TnJstees refer to thè Charity Commi$$ion'$ general guidance on public bènefit when reviewing the charity's aims and fL+ture direction. Achievements and Perfomiance The year ending 2025 consolidated Cast's position as an gssential player in th¢ ¢LJllural and civic life of Doncaster. Our hardworking staff welcomed 110,975 audience members linduding 2,916 utilising disability companion tickets) to 400 shows. Box Office frjr the yÈar stood at £2.344.028. a year on year inGrease 01 £298.914 1150kl and our in-house pantornime had a fantastic extended run. performing to 28,518 delighted children and families. Programma Highllghts 2024 was the year of the older person at Cast. In partnership with the Perfomiance Ensemble theatre company IocLJS58d on working with older MMunity and professional performers we presented Sinfonia, a show developed with community members and shared on Cast's main staga. Performers were drawn from the previous year's Public Acts group who perfomied in Cyclops and before that. Don¢astriaft Chalk GirGl8 as well as new citizen performers from the community. The Sinfonia performance, developed over months ol collaboration with the community, sat within a week of takeover activities aimed al older people and offering opportunities lo engage with a range of dance, craft and musical events. Other stage presentations highlighted the strong regional offer from companies such as Northern Ball8t, Gary Clarke Company. Phoenix Dance Theatre and the John Godber Company, whi151 even more close to home, local talent was showcased by our Associate Artists Growth House and Tawny Kay as well as The Rep, JKL. Phoanix Thèatré and Donc851er Stage Productions. Page 5
Doncaster Performance Vonue Limited Trustees. Report (continued) There was a strong comedy offering from Richard Herring, Ed Gamble. Miles Jupp, Ed Byrne and Adam Kay. Music highlights included Clare Teal, Bla¢k is the Colour of My Voice, Tibetan Monks of Tashi Lhunpo and Cara Dillon. Meanwhile, our links wlh thtr National Theatre delivered a weeklong run of the political satire, Handbagg8d the story of the relationship between Queen Elizabeth 11 and Margaret Ttialcher during the latter's tenure. Other notablè perft)rmances induded Tess by Ockham's Razor. a genre-defying piece retelling T&ss of th6 D'urbervilles which received great audience acdaim, and Anna Hibiscus. Song by Utopia Theatre, a children'5 piece of theatre co.commissioned by Cast. We w&lcomed another iteratton of our Global Streets strand of international Dutdovr performances as Fr8nch company. Picto Faclo, presented LampadaphorES lo hundreds of audience members free of charge. 97% of survey respondents reported that the event was either'Good' or'very Good, and 84% agreed that the event gave them 8 sense of pride in their community. Our in-house pantomlme, JaGk and the 5eanstalk, exceeded all previous ticket sales and ran for an additional week lo accommodate growing demand in thi5 area. Feedback was overwhelmingly positive and we aim to bring back some of the company for our Cinderellè panlornime in 2025. We were very grateful lo the performing company who offered their time and energy to deliver a Festive Fundraiser in aid of Cast. Not only was the evening funny and moving, rt raised over £2,000 lo support the Work ot the Charity. Work on goveinance matters continued throughout the year toward a more robust and effective Board that can lake the charity's work forward over the next 12 years. Future Plans Wè plan to continue working with our Community company that, in various forms, has delivered DoncèSta Chalk Circ18, Odyssey and Sinlooia over the past three years. We will fundraise to support the Doneaster People's Theatre to meet weekly, develop skills, design and crealtt wctrk and perform on Casfs main stage. Our partiapation strand wll continue to grow with strong attendance at ouf nine Youth Theatre groups. Cal1vity Camps and Work Placement weeks. Other members of the community will benèfit from participatory piojec15 such as Pl8yreading Club, S¢riptworks, Singalong Dementia Cinema. Hello Baby. Citizens of the Woild and Speak Up. However, wa wll 3150 see the con¢lusion of a couple of long running projects in Public AGIS which wll draw lo a close after a seven year rLJn, and Speak Up la mulli-school projaetl which has been running for three years. We will be tiialling a new initiative by producing OUT own eady years show to run alongside the in-house pantomime. Cinderella. Hansel & Gretèl will be directed by oui own Head of Participation, Sarah Clough and wll run for three weeks up lo Christmas. If successful we will fundraise to tOLtr the show lo small venues and schools. Elsewhere in the progmmme we have programmed a week ol the musical Blood Bn)thèrs for which w8 have ambitious income targets and a full roster of other shows throughout the year. In terms of the building, there are plans lo develop a new Meeting Space on the top lloor by converting an underused bar a¥ea and ineasIng our revenue streams. Drawings have been commissioned and we hope to have works completèd by Christmas. Next year will bring a relaunch gf the organisation's website. a r&fr8sh of the Board wltr a new Chair planned lo succeed the incumbent 8t the end of her tenure and a revi$¢d Articles of Association to reflect the work undertaken on govemance. Page S
Doncaster Performance Venue Limited Trustees, Report (continued) Financial Achievements Tumover increased 12Q /0 on last year lo £3,540,548. Much of this was derived from the staged programma after pivoting to a more commercial offer coupled with the impact of demand management on the box office. Restricted Funds We sponl £235,674 of Rèstrcted Funds on direct costs relating to participalive projects. These funds have been raised in order to support specific activities relating lo our charitsble objectives. A full list of grant givers is statèd later in th85e accounts. The costs wer8 mitigated by incoming grants received in the year meaning that the net result was 8 decrease in Restricted Fund5 carried forward of £56.894. The end ef year unreslriLled result shows a surplus of £75,305, a posits.ve turnaround from th8 deficit budgeted at the beginning of the year. The total surplus on the ye81 was £38,161), 46% more favouable than 5a81 year's result. Our trading subsidiary, Cast Events Ltd. had a strong year with a surplus of £64.373, which will be recognised in the 2025126 DPVL aunIs. In this year we are grateful to have received 8UPPOrt from our key funders, Arts Council England and City of Doncaster Council as well as special proj¢Gt support from xxx Res•rve$ Pollcy Thè Charity aims for suffiaent reserves lo maintain day to day trading. We rnainlain our intention to create a six month operabonal reserve of £700.000 lo 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 piemises refurbishment pot Isinking fund) by adding 50% of any unrestricted surpluses trach year. The fund will be u58d lo replace and refurbish the fabric of the building in the longer terrn. However. Trustees are aware that the current held reserves are minlrte in light of the requirements of building of this size and complexity. This year, £73,211 will be added to this sinking fund meaning freely available reserves lincluding said designated lundl are therefor £446,361. Going Concern After due consideration of all relevant factgrs. the financial stalernents have been prepared on a going confjetn basis as the trustees believe that no material nrtaIntIeS exist. The trustees have considered the level of funds held, the 8UPPOrt available from group entities and the expected level of income and expenditur& for 12 months from authorising these financial statemtrnts. The budgeted income and expenditure altr sufficient with the level of reserves for thè eharity to be able to continue as a going concern. Post Yoar Events In Septernber 2025, 6 of our Trustees resigned over a disagreement about an ongoing repair issue with our building. The board remained quorale at all times, one of the resigning Twslees rejoined the board and ha5 been joined by a furth&r 2. We are a¢tively looking for new Trustees and are undergoing a skills audit at pres8nl We are working with both Art Council England and City of Doncaster Council lo help us with this recruitment. At no lime was the day to day running of the charity affected. Page 7
Doncaster Porformance Venue Llmlted Trustees, Report (contlnuedl Disclosure of inforniation to th8 audhtors W¢, the dire¢¢ors of the company who held office al the date of approval of these Financial Statements as set out above each confiim, so far as we are aware, Ihal.. there is no relevant audit information of which the comp8ny's 8uditors are unaw8re'. 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 a aware of that information. Signed on behalf olthe Board of Trustees M Hewitt Trustee Page 8
Doncaster Perforniance Venue Limited ststement of Trustees. Responsibilities The trust88s (who are also the directors of Ooncaster Performance Venue Limited for the purposes of company lawl are responsible for preparing the trustees, rèport and Ihe finanaal statements in accordan with applicable law and United Klngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). induding FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland The report and accounts have been prepared in accordance with the provisions in the Companies Act 200S relating to small companies. Charity law requires the trustees to prepare financial slalements for each finan(yal year. Under company law the trustees must not approve the financial slalemenls unless they are satisfied that they give a true and fair view ol the state of affairs of the charitable company and of the incoming resources and applicatic&n of resources, in¢luding Ils income and expenditure, of th8 charitable company for that period. In preparing these financial stalem&nts, thè trustees are required to.. select suitable accounting poli(aes and apply them consislenuy.. observe the methods and prinaples in the Charities SORP., make judgements and estimat6s th3t are reasonable and prudent., state whether applicable accounting standards, comprising FRS 102 have been followed, subject lo any material departures disclosed and explained in the financial statements", and prepare the financial siatements on the going concem basis unless it is inappropriate tr) presume that the chaTltable company will continue in bu$iness. The trustees are re8ponsible for keeping proper accounting records that can disclose w¢th reasonable aCraCY at any time the ftnan¢ial position of the charitable company and ènable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable Steps for th• prevention and detection of fraud and other irregularities. The trustees are responsible for the maintènance and integrity of the corporate and financial information included on the charitsble company's website. Legislation governing the preparation and disseminalign of financial statements may differ from legislation in otherjurisdictions. Page 9
Doncaster Perfomiance Venue Limited Independent Audltor's Report to the Members of Doncaster Performance Venue Limited Opinion We have 4udiled the ffnancial slalemenls of Doncastèr P8rform8n¢e Venue Limited (the 'charitable company'l for the y&ar 8nded 31 March 2025. which comprise the Statement of Financial Artivilies. Balance Sheet, Statement of Cash Flows, and Notes to the Financial Statements, includ¥ng a summary of significant accounting policies. The financial reporting fraMork that has been applied in their preparation is applicabl¢ law and United Kingdom Accounting Standards. inclLJding Financial Reporting Standard 102 The Finanual 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 fair view of the state of the charitablè company'5 affairs as at 31 March 2025 and of its incorning resources and applicats.on of resources, induding its income and expenditure, for the year then ended". have been properfy prepar8d in accordance with United Kingdom Generally ACpted Ac¢ounling Pyactiee." and have been preparèd in ac¢ordance with the requirements of the Companies Act 2006. Basls for opinion W6 eondtjcled our aud¢t in accordance with International Standards on Auditing IUKI IISAS (UK)) an¢J applicable law. Our spoNsIbl1111eS under those standards are fijrther 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 requi¥ements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fu5fi11ed our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtsined is sufficient and appropriate to provide a basis for our opinion. Page 10
Doncaster Perforniance Venue Limited Independent Auditor's Report to the Members of Doncaster Performance Venue Limited (continued) Concluslons relating to going concem In auditing the financial statements, we have conduded that the trustees use Of the going concem basis of accounting in the preparation ol the finanal statements 15 appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concem for a period of at least twelve months from when the oiiginal financial 5ts1emenls were authorised for issue. Our responsibilit18s and the responsibilities of the trusteès wlth SpeGt to going concern are described in the relevant sections of this report. Oth•r information The othtrr information comprises the infomiation included in the Iru51ees' annual report, other than the financial statements and our audil0rf5 report ihereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly ststed in our reporL we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other infomiation and. in doing go. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the COUTse of the audit or otheise appear5 to be materially misstated. If we identify such material inconsistencies or appawnt material misstatements, we are rèquired to determine whether this gives rise lo a material misstatement in the financial slalement5 themselves. If, based on the work we have performed, we conclude that there is a material mFSslatemenl of this other information. we are required to report that fa¢t. We have nothing to r&p¢rt in this regard. Oplnlon on othgr matter proscribed by the Companl•s Aet 2006 In our opinion, based on the work undertaken in the course of thè audit.. the information given in the Trustees, Report for the financial year for which the financial 51atemenls are prepared is consist8nt with the financial stalemenls-, and the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which w8 arè r8quirgd to report by exceptlon In the light of our knowladge and understanding c¢f the charitable Company and its environment obtained in the course of the audit, we have not idèntffied material misstatements in th6 Trustees. Report. We have nothing to report in respect of the following mallers where the Compani85 Act 2006 requires us to report to you if, in our opinion.. adequate aOUntIng records have not been kept, oi relums 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 r¢lurns,' or Certain dl$closure5 of trustees remuneration specified by law are not made., or we have not received all the information and explanations we Fequire for our audit. Paga11
Doncaster Performance Venue Limited Independent Auditor's Report to the Members of Doncaster Perforniance Venue Limited (Continued) Rtsponslbllltles of trust••s As explained more fully in the Slalemenl of Trustees, Responsibilities sel out on page 9, th& trustee¥ (who are also the directors of the Charitable company for th¢ purposes of company lawl are responsible for the PTeparalion of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as th8 trustees determine is nece55ary lo enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statemènts, thÈ trustees are responsible for assessing the charitable company's ability lo continue as a going concem, disclosing, as applicable, matters lated to going concem and using the going concern basi$ of awounling unless the Iruslees either intend to liqUal¢ the charitable company or to cease optrrations, o¥ have no r8alistic alternab.ve bul lo do so. Auditor responsibilities for the audit of the financlal statements Our objects'ves are to obtain reasonable aSSUTanc8 about wh8ther th8 financial ststernents a5 a whole are free frorn material misstatement, whether due to fraud or error, and to issue an auditor's report that indudes our opinion. Re3son2bl8 assur8ll is a high level of assurance. bul is nol a guarantee that an audit conducted in accordance with ISAS IUKI will alay$ d¢le¢l a rn*erial misstatement when it exists. Misstatements can arise from fraud or trrror and are considered matenal rf, individually or in the aggregate, they could reasonably be expeeled to influence the economic decisions of users taken on the basis of these financial $talements. Irregularities, induding fraud. are instanrE3 of non-compliance with laws and Tegulalions. We design procedures in line with our responsibilities, outlined abovè, to detect material misslalements in respect of irregularitles, inGluding fravd. The extent to which our procedures artr capable of detecting irregularitie5, including fraud is detailed below.. The charitable company is subject to law5 regulations th8t directly and indirectty affect the financial stslernenls Based on our understanding of the charitable company and the environment it operates within, we ¢Jetermin¢d that the laws and regulab.ons which were most significant included FRS 102, Companies Act 2006, Health and Safety regulatsons and the Charities Act 2011. We considered the extent lo which non-compliance with these laws and regulations might have a matèrial èffect on the financial slatemenls, induding how fraud might occur. We evaluated management's inntiveS and opportunities for fraudulent manipulation of the financial slalements (including the risk ot override of conlrolsl, and detemiined that the principal risks wer& r8lat8d to the p051ing of inappropriate joumal entries to improve the company's result for the period, and management bias in key accounting estimates. Audit procedures performed by the engagement team included.. iscussions with management and those responsible for legal compliance produreS within Ihg charitable company to Dbtain an understanding of the legal and regulatory framework applicale to the charttable company and how the charitable company complies with that framework. including onsi¢Jeralion of known or suspected instances of non-o)mpliance with laws and regulations and fraud., Reviewing minutes of Trustee meetings," Identifying and assessing the design effectiveness of controls that management has in place to pvent and detect fraud and non-compliance wth laws and regulations., Challenging assumptions and judgements made by management in their sonfficant a(Lounting estimates. Pag8 12
Doncaster Performance Venue Limited Independent Audltorfs Report to the Members of Doncaster Perfomian¢e Venue LSmited (continuedl Identifying and testing joumal entries, in partictjlar any journal enlrles posted wth 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 thè even15 and transactions reffecled 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 on8 resulting from error. as fraud may involve deliberate concealment by, for example, forgery or intentional mlsfepresentations, or through collusion. A further description of our responsibilities is available on Ihe Financial Reporting Counal's wobsite al www.frc.org.ukl8udilorsresponsibll.e$. This description forms Part of our auditor's rgport. Use of our report This report is made solely lo the charitable company's trust8e$. as a body, in accordance with Chapter 3 of Part 16 of the Cc>mpanie5 Act 2006. Our audit work has b&Èn undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditor's report and for nts other purpose. To the fullest extent pemitted by law. we do not acpt or assume responsibility lo anyone other thgn the charitable company and its trustèe$ as a body, for our audit work. for this rèport, or for the opinions we have formed. Thf¢r Daniel Wood ISenioT Statutory Auditor) For and on behalf of Haw50ns Chartered Accountants, StatLrttsry Auditor 5 Sidings Court While Rose Way Doncaster South Yorkshire DN4 5NU Page 13
Doncaster PerfonrAance Venue Limited statement of Financial Activities for the Year Ended 31 March 202S Unrèstrictsd funds Restricted funds Total 2025 Total 2024 Note Donatlons and legacies Incomo from oth•r trading activities 49,654 49,654 42.503 220,487 220.467 219,484 Incoming resources from charitablo activities." Operation of Theatre 3,040,404 Gift aid from subsidiary 71,243 178.780 3.219,184 71,243 2.845,921 e1.008 Total incoming resources Expenditure on ¢haritabl• activities Taxation 3,381,768 178,780 3,560,548 3,168.916 3,288,406 53,0601 235.674 3,524,080 53,060 3,289,792 94,7691 Total resources gxpended 3,235,346 235.674 3.471,020 3.195.023 Not Incoming rgsourceslloutgoing rasourcesl & Net movement in funds 146.422 156,894) 89,528 126.1071 Reconciliation of funds Total funds brought forward 713,464 175.382 888.846 914,953 Total funds carried forward 859.886 118,488 978,374 888.846 The 5talemenl of financial acb'vities includes all gains and losses recognised in the year. All incoming resources and reserves expended derive from continuing activities. Tho notes below form part ofthese financial statements. The noteg on pages 17 10 29 fomi an integral part of these financial statements. Page 14
Doncaster Performance Venue Llmited (Registration number: 079801601 Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets 102,276 94,017 Curront assets Debtors Cash at bank and in hand 10 559,390 1,560,128 572.674 1.464.230 2,119,516 2.036,904 rèdltors: Amounts falling due within one ygar 1,243,418 1,242,075 Net current assots 876,098 794.829 Ngt ass&ts 978,374 888.846 Charity funds Unreslrf¢ted funds oésignated Funds Restn'cted Funds 446,361 413.525 118.488 373.150 340,314 175.382 Total charity funds 978,374 888.846 The charity's financial 51atétnents have been prepared in accordance with the special provisions relating to wmpani85 subject tTr the small companies regime within Part 15 of the Companies Aci 2006 and in accordance wrth th¢ pr¢visions of FRS102 small entities. The finanual statements were approved and authorised for Issuè by the Board and and were signed on its behalf by.. M Hewitt Trustee The noles on pages 17 10 29 foim an inlegfal part of th&s6 financAal statements. Page 15
Doncaster Perfomiance Venue Llmited Statement of Cash Flows for the Year Ended 31 March 2025 2025 2024 Nots Cash flows from operating activities Nel cash In¢ome/lexpenditurel 89,S28 (26,1071 Adjustments to cayh fiows from non-eash btems Depreciation 35,522 38,464 125.050 12,357 Worklng capital adjustments Decrease in debtors Increase in creditors 13,284 1.343 205,794 266,035 Net cash flows from operating activitie8 139.677 484,186 Cash ftows from investing activitie$ Purchase of tsngiblè fixed assets Nel increase in cash and cash equivalents 143.781} 25,7701 95,896 458,416 Cash and cash equivalents at 1 April 1,464,230 1,005,814 Cash and cash equivalents at 31 March 1,560,126 1,464 230 All of the cash flows are derived from wntinuing oparations during the above periods. The not85 on pages 17 to 29 fom) an integral part of these financial slalements. Page 16
Doncaster Performance Venue Limited Notes to the Financial Statements forthe Year Ended 31 March 2025 1 Accounting policiès The charity is a private charitablè company limited by guarantee incorporated in England and Wales and has no share capital. In the event of the charity bèing wound up, the liability in respect ol the guarantee is limited to £1 per member of the charity. The address of the registered Offi is given on the cornpany information page and the nature of the group's operation5 and its principal activities are set out in the trustees. report. The functional and repc*tting ¢uffency is Sterling and the ffnancAal statements are rounded to the nearast £1. The princApal accounting poliues are summarised below. The accounting policies have been applied consislenuy thrtsughout the period. Basis of preparation of flnancial ststements The financial statements have been prepad in accordance with the accounting policies sel out in the not85 to the accounts and comply with the charity's governing documtrnl, the Charltles Act 2011 and Accounting and Reporting by Charities. Statemont of Recommended PraCts. applicable lo 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 wll provide arjequate resource for the charity to enable delivery of its business plan. The Trustees are confident that the charity'5 Gash flows, projections and forecasts for the next ttvelve months will be achieved, and in these ¢ii¢umstances consider li appropriate that the charity's financial statements be prepared on a going concem basis. The charity meets the definition of a public benefit entity under FRS102. Finanual reporting standard 102- reduced disdosure exÈmplions The company has tak8n advanc8 of the following disdosure exemptions in prepartng these financial statements, as permitted by the FRS 102 "The Financial Reporting S18ndard applicable in the UK and Republic of Ireland": the requirèments of Section 3 Financial Slalemenl Presentation paragraph 3.17ldl the requirements of Section 11 Financial Instruments paragraphs 11.39 to 11.48A,' Ihe requirements of S8ction 12 Other Financial Instruments paragraphs 12.26 10 12.29; the requirements of Section 33 Related Party Disclosures paragraph 33.7. Fund accounting Unre$lri¢led funds are available for use al the discretion of the Trustees in further8n¢È of the general objectives of the charity. Designated lunds are unrestricted funds eamiarkecl al the discretion of the Charity's officers. Restricted funds arè lo be use¢J for specific purposes as laid down by the donor. Expenditure. which méets these aiteria. is charged to the fund. Page 17
Doncaster Perfomiance Venue Limited Notes lo the Financial Statements for the Year Ended 31 March 2025 (continued) l Accountlng policies Icontinuedl Incoming resources Al incoming resource5 arose wlhin the United Kingdom. All incoming soUrceS are included in the statement of finan¢ial adivitr'es when tre charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policxes are applied to parti¢ulai categorie5 of income.. Voluntary income is received by way of grants, ¢Jonalions and gift8 and is induded in full in the Statement tsf Flnancial Activities when ceivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the char¢ty, are recognised when the charity becomes uncondil'onally entitled to the grant. Incoming resources fiom grants, where related lo perfoimanc£ and specific deliverables. are accounted for as the charity eams the right to eonsidÈr3tion by its perfom)ance. Glft ald Incomo Taxable profits transferred from subsidiaries are recognised as income when the subsidiary has made an irrevocable commitment lo the tharity lo pay Iradeable profits. During the year the charity ha3 received tsxable profits from subsidiaries 01 £71,81912024- £61,008). Tangible fixed assèts Tangiblè fixed assets are stated at cost or valuation less depreciation. Depreciakn'on is provided al rates calculated to write off the cost of fixed a53els. less their estimated residual valuè, over their expected useful lives on the following basis.. D*preclatlon and amortisation Asset class Stsge lighting and fitting Plant and equipmer¢t Depreciation mgthod and rats 20% on cost 20-25% on cost The Charity does not capilalise assets that cost less than £250. Page 18
Doncaster Perforniance Venue Limited Notes to the Financial Statements for the Year Ended 31 March 2025 {¢ontinued 1 Accounting policies Icontinuedl Resources expended Expenditure is re¢ognlsed on an accruals basis as a liability is incurred. Expenditure indude5 any VAT which cannot b& fully r8cover8d, and is r8POrted as part of the gxpenditure lo which il relates.. Charitabl8 oxpanditure ¢ompri5e3 those costs incurred by the charity in the delivery of ils activities and services for 115 beneficiaries. 11 includes both costs that can be allocated direcdy to such activities and those costs of an indirect nature necessary lo support them. The apportionment of cost is made on the basis of estsmates by management using various appropriate measures. Govemance costs include those c051s assocAated with meeting the constitutional and statutory requirements tsf the charity and include the audit fee8 and costs linked lo the strategic management of the charity. All costs are allocated between the expenditurè categoTies of the SOFA on a basis designed lo reflect the use of the resource. Costs relating to a particular activity ale allocated direcuy,. others are apporb'oned on an appropnale basis based upon the use ofthe resource. Realised gains & losses Realised gains and losses arising on disposal of tangible fixed assets are included in the Statement of Financial AdivrtlOS 8$ an incoming r950urce for 3 gain and as resources expended for a loss. Irrecoverable VAT The charity's incorne is partially exempt for VAT purposes and as such it cannot reclaim all input VAT on goods and services re¢eived. There is a chaige in the SlaleTnent of Finan¢ial Activities for the year ended 31 March 2025 of £247,33212024.' £250,552) relating to non-recoverable VAT. Debtors Short term debtors are measured at transaction pri, less any impairment. Loans receivable ale measured initially al fair value, nel of transaction costs, and are measured subsequently at amortise cost using the effechve interest method, less any impalrmenl. Creditors Short term oredilors are measured al the transaction price. Other finanaal liabilities, including bank loans, are measured inib.alty at fair value. nel of transaction costs. and are measured subsequently at amortised cost using Ihe effective interest method. Key Judgèments and source of estimatlon un¢¥rtainty The preparation of financial statements in ¢ompli8n¢e with FRS102 require5 the use of certain critical accounting estimates and requires managèm6nt to èxeici58 judg8m8nt in applying the company's accounting policies. The Trustees have deerned that there are no particular critical accounting estimates and judgements involved in the preparation of the financial sl*ements. Page 19
Doncaster Performance Venue Limited Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 1 Accounting policies {continuèdl Going concern After due nSid8ratIon of all relevant factors, Ihe financial statements have been prepared on a going con¢¢m basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held, the support available from group enlilies and the expected lev61 of income and expenditure for 12 months from authorising these financial statements. The bvdgeled incorne and expenditure is suffia&nt with the level of reserves for ihe charity to be able to CA)ntinuÈ as a going eoncem. Taxation The company 15 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 thal such income or gains are applied exdusively to charitable purposes. No lax charge arose in tho period. Financial instruments 2 Donation$ & Logaclès Unrestricted fund Restricted funds 2025 2024 Donations 49,654 49.654 42,503 49,654 49,654 42,503 3 Income from other trading activitie5 Unrestrlcted fund 2025 2024 Rwm hire Other incomg 121,779 98.688 121,779 98.688 113,338 106,146 220,467 220,467 219,484 Page 20
Doncaster Perfornjance Venue Limited Notes to the Financial Statements for the Year Ended 31 March 2025 {continued} 4 Income from charitablè aettvlties Unrestricted fund Re$trl¢tod funds 2025 2024 Income from shows and pèrformances Gross income from admission charges and programmes 2,351.231 2,351,231 2,045,114 Funders and local authoriti¥$ Arts Council National Portfolio Funding coc anagement fee Cultural manager HAF CDC Easter Talent Development Ooncasltsr Peoples Theatre Speak Up Tuneful Chatter Amazon Threé Monkies Trust Royal National Theatre- TNP Perfomance Ensemble Theatres Trust Public Acts ARG Odyssey Fund Garrick Charitable Trust Victoria Wood Foundation Royal NatiDnal Connections DCLT CIF CDC Community Cohèsion Royal National Th8atre Handba9ged Cutlers Charity Glob81 Streets The Foyle Foundation WG Edward Noel Coward Foundats"on One Call 325,888 325,888 325,888 219,160 219,160 292,160 17,381 5,385 8,000 5,000 83,397 13,089 8.500 3,500 6.903 2.200 20,ODO 1.693 3.500 4.211 3,706 3,706 5,000 83,400 13,339 5,000 83,400 13,339 9,875 9,875 2,000 3,000 2,225 1,923 4,595 2.000 3.000 2.225 1.923 4.595 2.500 750 11,300 25,000 1,500 2.500 4,167 2.500 750 11,300 25.000 1.500 2.500 4.167 Page 21
Doncaster Perfomiance Venue Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Icontinued) 4 Income from Charitsble activitl8s leontinuedl Unrestricted fund Restricted funds 2025 2024 DCLT C8ntral Capital Ticket Income Protection Hire of Lettable Spaces Youth The*re Workshop and Classes Trusts & Foundatlons Older People Activity Sponsorship 2,000 2,000 5,793 34.783 40.047 2,453 46,749 1.500 12,800 5.793 34.783 40,047 2.453 46.749 1,500 12.800 3,040,404 178.780 3.219.184 2,845.921 5 Expenditure on charitablè activities Unre¥trict?d fund Re$trictad funds 2025 2024 Note Artists Production expenses Participation Marketing Stsff costs Premises Support and govemance costs 1,161,341 3,710 1,165,051 924,571 170,448 27,968 92,112 969,155 427,133 5.494 127,982 175,942 155,950 92.112 1,018,804 429,133 216,510 1 $6,325 103,777 866.485 550,016 49,649 2,000 440.249 46,839 487.088 462,108 3,288,406 235,674 3,524,080 3,289.792 6 Allocation of support and govomanee costs The charity allocates support and g0Veman costs as shown In thè table below. Support and govemance costs are allocated on a basis consistent with the use of resources. Unre8tricted R•strlct&d fund fund$ 2025 2024 Depreciation Irrecoverable VAT Legal and professional Office expenses 10,642 247.133 958 181,516 22.138 20,000 32.780 267,133 958 186.217 38,484 250.552 28,252 144,840 4,701 440.249 46,839 487,088 462,108 Page 22
Doncaster Perfomiance Venue Llmiled Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 7 Not outgoing resource5 for thè year This is stated after charging.. 2025 2024 Deprec4ation of fixed assets Auditorfs remuneration ALJdit fees Audilorfs remuneration- Accountancy services 35,522 4,500 2,350 38,464 4.300 2,250 Staff Costs The company has no employees. The cost of staff employed by the parent Compgny, Doncaster Culture and Leisure Trust, bul engaged in th8 activities of the charity. are recharged to the charity. No remunèration is paid to directorsltruslees. Travelling and subsislen¢e expenses incurred by Trustees on charity bUnesS are reimbursed. The amount reimbursed in the period was £nil 12024.. £nill. Page 23
,11 '1144
Doncaster Performance Venue Limited Notes to the Financial Ststements for the Year Ended 31 March 2025 (continued) 10 Debtors 202S 2024 Operational debtors Amounts owed by group undertakings Prepayments & accrued incom8 Other debtors 77,241 56.142 374,368 51.639 76,846 194,348 206,436 95,044 559,390 572,674 11 Creditors 2025 2024 Operational Creditors Amounts owed lo group undertakings Other creditors, accruals and deferred income 72,387 164,847 1.006,184 205,389 204,019 832,667 1,243.418 1.242,075 12 Analy$i$ of net a$s•ts b8tw•èn funds Unr8stricted fund Rostricted fvnds 2025 Flxed assets Cash at bank and in hand Other net current assets Current Iiabililios 15,401 1,488.763 559,390 1,243,418 86,875 91,363 102,276 1,560,126 559,390 11,243.4181 Total nel assets 800.136 178,238 978,374 Unrèstrictèd fund Restricted funds 2024 Fixed assets Cash al bank an*J in hand Other net current assets Current liabilitie5 25,004 1,357,861 572,674 1.242,075 69,013 106.369 94,017 1,464,230 572,874 1,242,075 Total net assets 713,464 175,382 888,846 Page 25
Doncaster Performance Venue Limited Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 13 Analysis of Charitablè funds Balance at 1 April 2024 Balance at 31 Mareh 202S Incoming Resources resource3 expended Transfers AnalysKs of movéments In unrestricted funds General Funds 373,150 3,381,768 13,235,346) (73.2111 446,361 Analysis of movement in designatèd funds Building refurbishment 340.314 73,211 413,525 Total unrèstricted funds 713,464 3,381,768 3,235,346 859,886 Rostrlcted funds stage lighting and fitting CDC - Cultural Manager CDC- Vvinler holiday National Theatre leaming - Age is revong Amazon Three Monkiès Tiust Royal National Theatre- TNP Performance Ensemble Theatres Trust Charity Speak Up Darts - Tunèful Chatter VCFS - Welcome Spaces Age Is Revolting Garrick CGT Grant One call Wictoria Wood Foundation Royal National conn8Ctions 49.234 18.279 5,385 122,1381 114,6781 19,0911 27,096 3,601 3,706 2,400 8,500 3.500 12,4001 18,5001 13,5001 6.005 1,621 20,000 51,958 9.875 16.0051 11,6211 120,0001 183,5791 113,3391 13.5071 11.5761 12.0001 9,875 83,400 13.339 5,000 51,779 5,000 3.500 6,493 1,924 2.000 4,167 3,000 4,167 773 12,2271 2.225 1,923 4,595 2,500 2,000 750 11.300 25,000 2.225 DCLT CIF Community cohesion Royal National Handbag DGLT Central Capital Cutlers Global Streets The Fowè Foundation 11,9231 14.5951 12,5001 12,0001 17501 111.3001 {14.4451 10,555 Page 26
Doncaster Perfomiance Venue Limited Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) 13 Analysis of Charitable fund5 Icontinuedl Balance at 1 Aprll 2024 Balan¢a at 31 March 2025 Incomlng Resou9$ resources èxpènded Transfers WG Edward Noel Coward Foundation 1,500 11,5001 2,500 175382 178,780 235,674 118,488 Total funds 888,846 3,560,548 3.471.020 978,374 stage Lighting and Fittings To purchasg and for the refurbishment of capital equipment al Cast A grant to support Artist Develo>pment auoss South Yorkshire and particularly in Doncaster. To fund the purchase of a piano for use on our stages. Suppoibng the theatre nation partnership, sharing skills, knowledge. insight and product with partners including the National Theatre. Esmee Fairbaim Liz and Tery Bramall Royal National Theatre TNP RNT Public Acts Support for the perfomiance of Doncastrian Chalk Cirde through our partnership with the National Theatre Dementia friendly cinema and play reading. Noel Cow3rd Foundation Development initiatives for emerging asts local to Cast and the wider region Developent initiatives for emerging artis15 local to Cast and the wider region nternational outdoor atts d8liv&red to audiences free ol charye in conjunction with GTeenwich Dockland International Festival Cast Youth Theatre bursaries Provision of bari*rie diairs for larger audience m8mb8rs and participants Royal National Theatre Handbagged Community tickets and for a Cast communitie$ event Youth Theatre perfoman¢e sponsoiship for Wild Lives and W88te L8nds A theatre visit lor women from the Glb80 Majority as part of Aqueela Mohamtned's MLJslim women's group. a drumming group lor people who have experienced forc8d migration, DPT project, refugee day school workshops and celebration commun(ty event. ING Eowards Noel Coward Foundation The Foyle Foundation Global Streéts Cutlers Charitable Trust DCLT Central Capital One Call CDC Community Cohesion Page 27
Doncaster Perforniance Venue Limited Notes to the Financlal Statements for the Year Ended 31 March 2025 (continued} 13 Analysis of Charitable funds {continuedl Supporting partiapant accesslcatering (including support stafl and well being slafn around Sinfonia Iperformance in collaboration with the perfomian¢e ensemble telling older people's stories Cast Youth Th6atre bursaries DCLT CIF GRANT Victoria Wood Foundation Garrick Charitsble Grant Artist Development activities for emeTging and aarly career artists 14 Parent and ultlmate parerrt undertaking The charity is a wholly owned subsidiary of Doncaster Cuttu and Leisure Trust (The Dome, Doncaster Leisure Park, Bawtry Road. Doncaster, DN4 7PD, company number 4410993. d)arity number 110346SI, which is the largest and smallest group for which consolidated accounts are prèpared. In the opinion of the Iwstees this is the company's ultimate parent cornpany and ulb.mate controlling party. Consolid*ed accounts are available from Companies House. Cardiff. 15 Rèlatèd party transactions The parent company ol the charity, Doncaster Culture & Leisur& Trust Icompany Registration Number. 044109931, is partly funded a management fee from the City of Ooncaster Council ICDCI and by virtue of this indirect control CDC is deemed by the tru51ees to be a r¢lated party. The following additional transactrons and balances occurred with CDC during the period: 2025 2024 Unrestrictod funds Management fee 292,160 292.160 Restricted fvnds Gullural manager HAF Winter 17,380 5.385 3.70S 1,923 11,300 4.595 2.000 DCLT CIF Grant Global Streets Community cohesion DCLT Central Capital Freshworks 8.000 The wmpany has taken advantage of the exemptions available in FRS 102 from disclosing transactions with group undertakings on the grounds that its parent ccimpany is the sole member of the charity and il is thus p8rt of a group for which consolidated accounts are publicly 8vailabl6. Page 28
Doncaster Perfomiance Venue Limited Notes to the Flnancial Statements for the Year Ended 31 March 2025 (continued) Subsidiary companies The following were subsidiaries of the charty'.- Aggregats Surpluslprofit Description of Share Capltal for period Share Capital & Reserves at end¥d 3110312025 3110312025 Nome of Nature of Undertaking Business Règistered offic• Cast Events Limited Cast, Waterdale, Doncaster, DN1 3BU England 100%£1 ordinary shares Catering £61,870 £64,373 Page 29