Derby Shakespeare Theatre Company CIO 31 March 2025 Derby Shakespeare Theatre Company CIO Unaudited Financial Statement for the year ended 31 March 2025 Charlty (CIO) Number: 1154614 Report of the officers 2to5 Independent examiner's report Receipls and payments account Statement of assets and liabilities
Derby Shakespeare Theatre Company CIO 31 March 2025 Report of the Officers The officers submit their report and financial statements for the year ended 31 MaTch 2025. Status The company is a CIO (Charitable Incorporated Organisation) operating with ihe benefits of limited coinpany status without the requirement to file r¢turns to Companies Ilouse. Trustees, Officers and Committee Members The trustees. officers and committee members holding office throughout th¢ year were as follows: Officers and committee members are also trustees of the charity. orficers President: Programme & Events Manag¢r: Treasurer: Hon. Secretary: Membership Sccretary: Mathew Shepherd Selena Robson Nicola Caister Helen Cornfield James Dean Vice Presidents: Jessica Clewes Flora Palmer Committee Members: Susie Brayshaw-Thorne, Neil Jones and Ken Owen.
Derby Shakespeare Theatre Company CIO 31 March 2025 Stru¢ture• governance and management Originally established in 1908 as the Derby Branch of th¢ British Empire Shakespeare Society, the Charity was first established by a Trust Deed, dated 4 April 1963, and was rcgistcrcd with th¢ Charity Commission, number 228898. On 18th November 2013, the Charity Commission registered the company as a Charitable Incoryorated Organisation with a new charity number. l 154614. The House Trustees, appointed for the old charity, all signed a Re8olution. dated l April 2014, to transfer the property, 93 Kedleston Road, Derby, DE22 1 FR, together with all the chattels of the old charity, as a gift, to the new CIO. On 1st April 2014 our solicitor, JH Powell lodged a TRI form, to transfer the property, with the Land Registry. The ch¢itY continues to bc maintained by five officers logether with up to six committee members elected annually at the Annual General Meeting. These otlicers and elected committe¢ members will act as the Trustees of the CIO. With regard to risk management thc ofticers have examined the major strategic business and operational risks which the charity faces and confirni that systems have been estsblished to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. Objectives and aetivitiey The object of the charity is to study and perforni thc play8 Cjf William shakespeare. We are a volunteer organisation which aims to provide the relevant training?, eduLation and vocational support to an unrestricted membership. To provide education and ent¢rtainmeiit to the general public in accessible locations, chiefly in our own theatre located at ShakespeaTe Ilousc as well as other indoor and outdoor venues. Wc also make the theatre and rehearsal spacc at Shak¢sp¢ar¢ Ilous¢ available to local community groups and perforn]ing arts groups on favourable, discounted rates. There ar¢ no restrictions on thc charity's power to invcst. The investment policy is rcvi¢wed by the treasurer on a regular basis. The overall strategy is to continue to invest in low risk deposit accounts. The charity has referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing th¢ charity's aims and objectives and in planning future activitics. In particular, the Officers and Committee Members have considcrcd how plann¢d activiti¢s will contribute to the aims and obje¢tAv¢s that have b¢¢n set.
Derby Shakespeare Theatre Company CIO 31 March 2025 Achievements and performance W¢ had an cxtM¢1Y busy and productive year opening the season with a piece of theatre created by the company inspired by real events in a Mennonite community in Bolivia. Paper Dolls was a moving and uplifting productio p¢rf¢ctly placed in our studio wh¢r¢ our expert ¢reative teani, transfornicd it into a warni and dusty barn. This was followed by a rowdy) colourful, blast of the senses in Markcaton Park with Romeo dnd Juliet direLted by Matt Swan. Then the winter saw us in a new venue, Repton School's 400 theatre where James Dean's gothic produLtion of Macbeth was beautifully pcrfornied. Our final production of the year, in-house, gave two new directors the opportunity to experiment with seleLted scenes from Coriolanus and Julius Cacsar. We have also played host to a sclection of other amateur companies this year - Watson players returning to us for the second year and Locko Amateur Dramatics perfonning with us for the first time. We also welcomed Central Operatic and collaborated on a wonderful evening of Songs and Sonnets with Derby A Capella. Another collaboration this time with the Sitwell Singers gyave us an opportuniiy to explore the works of Shakespeare in an new setting and to new audiences. Many of these activities have allowed us to support a number ot. charlties both via other charitable or&Fanisations and also with direct donations to Nottingham University Hospital Neonatal Unit, and the Samaritans. It is wonderful to see the House being used more and more. Ian Currie and Adam Hodgson have worked very hard to put logether a progFramme of Saturday morning workshops which we have been able lo offer up free to those that wish to partake. I'his is helping t'eed new mcmbcrs into the company as well as honing and developing new skills and of course, having a lot ot. lun along the way. The bar has continued to be the social hub of the House - takings more than double this year compared with last. This was largely assisted by big audienLcs ai Markeaton Park and bcing allowed to nu] our own bar at Repton School. Work never Stops al the House, lots of root. repairs, new windows. a big costume and props room clear-out to name but a few. As every year. all that we achieve is a testament to the continued effort and hard work of our Trustees and members. The peopl¢ seen on stage, reflcct a small proportion of the team ot people that look after thc I louse, build thc scts, find the props, send out the emails, market thc shows, sell the tickets, stock and statT the bar, put toilet paper in the loos. arrange events, take minutes, log invoices and produce accounts. As every year, all that we achieve is a testam¢nt to the Lontinued effort and hard work of our Trustees and members. Nicola Caister Treasurer Reseryes Policy The officers have established a policy whereby the minimum unrestricted funds not committed or invested in tangible fixed assets or production costs (the free reserves) held by
Derby Shakespeare Theatre Company CIO 31 March 2025 th¢ company should be equivalent to eighteen months of the reserve expended in this financial year, which equates to £47,106 in general funds. Free reserves represent the working capital of the charity available to support short and medium terni capital projects that the demands of our Victorian building places upon us. Over the next few years wc havc significant obligations as follows:_ Creating hard-standing space at the front of the building and front car park to enable wheelchair access to the front door est £30,000 Continued refurbishment of. tlats est £6,000 Continued upgrading and improvement in the Studio and the back stage space est £6,000 At present the free reserves amount to £85,153 which, taking into account the above, leaves a deficit on free reserves of £3,95.3. Finan¢ial position The results for the year show a total net deficit of £5,784 (2024 £13,363). Cash at bank and in hand as at 31 March 2025 amounted to £85.153 (2024: £90,937). Reference and administrative details Charity (CIO) number: 1154614 Address of princip office: Shakespeare House 93 Kedleston Road Derby DE22 114R The charity's bankers are: rhe Co-operative Bank PLC The charity's independent examiners are: S9 Limited 18 Merlin Way Mickleover Derby DE3 OSL By order of the Officers: Nicola S Caister - Treasurer sl Date: 31 July 2025
Derby Shakespeare Theatre Company CIO 31 March 2025 Independent examiner's report to the trustees of Derby Shakespeare Theatre Company CIO. We report to th¢ charity trustccs on OUT examination of the accounts of D¢rby Shakespeare Theatre Company CIO (the Trust) for the ycar ended 31 March 2025. Responsibilities and bY4SiS of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). We report in respect of our examination of the Trust's accounts carried out under section 145 of the Act and in carrying out our examination we have followed all applicable directions given by the Lharity Commission under section 145(5)(b) of the Act. Independent Exydminers Statement We have completed our examination. We confirnl that no material matters have come to our attention in connectlon with th¢ examination giving us cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act. or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements concerningy the forni and conlent ot" accounts set out in the Charities (Accounts and Reports) Rcgulations 2008 other than any requirement that the accounts give a true and fair view whiL'h is not a matter considered as part ot" an independent examination. We confim that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. S9 l.imited 18 Merlin Way Miekleover Derby DE3 OSL signed: David Paul Miller st Date: 31 July 2025
D¢rby Shakespeare Thev4tre Company CIO Receipts and Payments for the year ended 31st March 2025 Receipts 2025 Unrestricted fimds 2024 'otal nds Total funds Subscriptions and donations Production income BaT income Other fundraising income Other studio incom¢ Bank interest Rents received Miscellaneous 1,393 19,554 13,873 1,393 19.554 13,873 3,030 10.320 8,495 2,940 1,383 16.200 2,940 1,383 16.200 1,685 1,112 18.785 55,343 55,343 43,427 Payments Production costs Bar costs Rates, insurances Energy costs Reapir5 and maintenance Cleaning and gardening Telccoms and media Legal, protcssional and financial Governance and independent examination Donations and subscriptions 19,645 8,828 5,025 3,119 17,972 1,725 526 2,317 720 1.249 61,126 19.645 8,828 5,025 3,119 17,972 1,725 526 2,317 720 1,249 61,126 5,814 4,810 2,892 28,876 1,469 479 2,233 714 56,790 Assets and investment purchases Tolal paym¢nts Net receiptsl(payments) 61,126 (5,783) 61,126 (5,783) 56,790 (13,363) Cash tunds last year end Cash funds this year end 90,937 85,154 90,937 85.154 104,300 90,937
Derby Shakespeare Theatre Company CIO ststement of assets and liabilities as at 31st March 2024 2025 Unrestricted funds 2024 Unrestricted funds Cash at bank and in hand 85,154 90,937 Assets retained for the charity's own use Land and buildings Fixtures and fittings 123,149 13,289 123,149 14,765 221,592 228,851 Signed on behalf of the Officers and Trustees Mrs N S Caister Date of approval.. 31 st July 2025