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2022-03-31-accounts

Registered number 07151719

Little Actors Theatre Company (A company limited by guarantee)

Report and Unaudited Accounts

31 March 2022

Little Actors Theatre Company (A company limited by guarantee) Trustees' Report

The Trustees' present their report and financial statements for the year ended 31 March 2022

Directors

Mr E Parry - Chair - resigned 28 June 2022 Mrs S Wright - Treasurer Miss E M Miller Mrs S Kendall Mr D Giblin - resigned 14 May 2021 Mr I Thomson Mrs S Thomson

Secretary

Mrs S Kendall - resigned 13 April 2022 Mrs S Thompson - appointed 13 April 2022

Key Personnel:

Samantha Giblin – Artistic Director

Accountants

Ashville Henderson 15B Broadway Higher Bebington Wirral CH63 5ND

Bankers

HSBC PO Box 16 47 Eastgate Street Chester CH1 1XW

Registered office

9 Carlton Close Parkgate Cheshire CH64 6TD

Registered number

Company: 07151719 Charity: 1155249

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Little Actors Theatre Company (A company limited by guarantee) Trustees' Report For the year ended 31 March 2022

Chairs Report

During this period the Coronavirus Pandemic still impacted. Work could continue but with mask wearing and distancing conditions in place, therefore some adult groups could not resume. Grants both restricted and unrestricted were successfully secured. However, some projects still had to be deferred to 2022-23 so those grants had to be carried over for the purpose they were intended.

Most adult classes and workshops did not continue until the Brightlights Theatre managed to resume in a larger space in Neston Town Hall, to accommodate social distancing. This group resurrected a production of ‘The Queen and the Weaver’ which was cancelled in 2020. Presented at the Leverhulme Drama Festival and winning the design award for the second time running.

Children’s and young people’s workshops in the room operated well despite pandemic restrictions. In particular in Neston where the under 12s prepared a Platinum Jubilee Themed play called ‘A Right Royal Robbery’ – winning the endeavour award at the Leverhulme Drama Festival. The under 8s prepared a Christmas show for parents and was presented with some COVID-19 restrictions in place at Neston Town Hall.

There were still problems accessing local venues in Neston but some organisations were very supportive, such as the Town Hall, Methodist Church, Gladstone Village Hall and Neston Parish Church.

A new junior youth theatre was formed to accommodate the different needs of 11-12 year olds. They prepared ‘Meet the Royals’ for the Leverhulme Festival. Winning the Best Actress award.

InterACT Youth Theatre again participated in National Theatre Connections choosing ‘Variations’ by Katie Hims. Home shows were followed by a transfer to The Lowry. Plus at the Leverhulme Festival winning the Best Actor award.

Dance and Tap classes stopped completely as did Nursery services.

The professional company of actors created a small scale tour of ‘Shakespeare’s Dream’ and ‘Cinderella’, taking it to local venues in November and December 2021.

In London the classes based at Wanstead House continued for ages 2 ½ - 6 including LAMDA classes. Public shows were not possible but the Christmas show was filmed. It was not possible to participate in local festivals.

In April 2021 the free venue in Brook Street was reclaimed by the landlord so all resources went in to a lock up and office work continues via home. A home office in Samantha Giblin’s house accommodated the office resources.

The Board has committed members who are fully supportive of the aims of the charity.

The Artistic Director is always looking at new services and collaborations to offer to local communities and works tirelessly doing this.

Our purposes and activities

This is primarily achieved through the delivery of professionally led singing, dance and drama activities in two geographical areas. Plus, the provision of youth theatre and adult dance and drama workshops. An open-door policy is applied to ensure access and inclusion is as wide as possible for the benefit of the public. The primary user group is children and young people with some focus on senior adults.

The company relies on grants to cover specific project costs and reasonable charges to cover overheads. Affordability is reflected in the pricing applied.

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Little Actors Theatre Company (A company limited by guarantee)

Trustees' Report

For the year ended 31 March 2022

Our volunteers

LATC has volunteers offering different amounts of times and services. From periodic help such as operating lighting and sound equipment, set design and selling raffle tickets at shows to regular assistance with the design and maintenance of the web site. The volunteering no matter how small helps root the charity in the community and contributes to the sustainability of the charity.

50% scholarships are offered to low income families to encourage participation from all demographic backgrounds. Some free places for unwaged families were offered as part of the Holiday Activity Fund 2021 for the summer course.

Financial Review

The company started the financial year with reserves of £13,404. 2021/22 showed a deficit of £6,314 leaving reserves of £7,090 to carry forward to 2022/23.

LATC’s pricing policy offering income related discounts reflects our strategy of enabling all within the community to access our activities.

Reserves Policy and Going Concern

Reserves Policy and Going Concern Reserves are reviewed to ensure the sustainability of the charity regardless of income dips and peaks in future years. They also bridge the gap between the receiving of income and expenditure, plus as an emergency fund for sudden costs arising such as repairs to equipment etc.

Plans for Future Periods

Plans for Future Periods The plan for the forthcoming annual repertoire includes the development of the fee discount scheme to widen access and inclusion. The repertoire included collaborations with the National Theatre, The Lowry, Salford Quays, LAMDA and the Leverhulme Drama Festival.

Links with the community, particularly in Neston continues to strengthen with collaborations with the CH64 Events Committee, plus strong bonds with Neston Town Council, the NC&YC, Neston Arts Network and Cheshire West and Chester local councillors and the local MP.

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Little Actors Theatre Company (A company limited by guarantee) Trustees' Report For the year ended 31 March 2022

Structure, Governance and Management

Governing Document

Little Actors Theatre Company is a Company Limited by Guarantee and a Registered Charity. The Governing Document was amended for the charitable purposes with the services of the Independent Theatre Council in December 2013.

Appointment of Trustees

Trustees would be appointed if a vacancy became available and in line with requirements of the Articles of Association.

Trustee Induction and Training

Potential Trustees are invited to a Trustees meeting for the opportunity to see the required levels of involvement and commitment. New Trustees would be appointed by a vote of existing Trustees.

Trustees are provided with copies of all policies and procedures and the Articles of Association. New Trustees are invited to visit venues and activities and to familiarise themselves with LATC’s activities. The Artistic Director facilitates the practical induction of new Trustees with the provisional of all necessary documents.

Training is provided via membership of EPNAVCO. Recent training has included Safeguarding and Child Protection and First Aid.

Organisation and Responsibility

There are currently five Trustees. They determine the path the charity takes and oversee the progress. The Artistic Director reports directly to the Trustees and administrates the plans and decisions of the Trustees.

The Trustees are responsible for the delivery of all the legal requirements of reporting and accounting Companies House, HMRC and the Charities Commission in line with the requirements set out in the Articles of Association.

Related Parties and co-operation with other organisations

No Trustee received remuneration for their services.

The Charity is able to deliver its services and to raise standards by having close relationships with the National Theatre (Connections), The Lowry, the ITC, Equity and Storyhouse. In the Neston community there are strong community links with Neston Town Council, Cheshire West and Chester councillors, the local MP, CAN Group, the CH64 Events Committee, The Neston Village Fair Committee and Neston Community and Youth Centre.

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Little Actors Theatre Company (A company limited by guarantee) Trustees' Report

For the year ended 31 March 2022

Pay Policy for Senior Staff

The Artistic Director and all actor/facilitators are free-lance and deliver work on a session basis. Contracts are issued having been approved by ITC/Equity. Rates of pay are reviewed annually and remain in line with Equity minimum or above.

Risk Management

On an annual basis the Trustees review all policies and procedures. Amendments are made if required by new legislation or staff recommendation. Particular attention is paid to the Health and Safety Policy and the Child Protection/Safeguarding Policy. Advice and resources are sought from the ITC to ensure all risk management is documented and adhered to.

Risk assessments are produced as required for each event and venue by the Artistic Director in conjunction with the manager at the relevant venue.

Trustees' responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year.In preparing those accounts, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the accounts comply with the Charities Act . They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The Report was approved by the Board on 20 October 2022

Mrs S Wright Director

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Little Actors Theatre Company

Independent Examiners Report to the Trustees of Little Actors Theatre Company

I report on the accounts of the charitable company for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

Respective responsibilities of trustees and examiner

The Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charitable company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Anne Finnegan BA ACA Ashville Henderson 15B Broadway Higher Bebington Wirral CH63 5ND

20 October 2022

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Little Actors Theatre Company (A company limited by guarantee) Statement of Financial Activities for the year ended 31 March 2022

Notes
Income and endowments from:
Donations and legacies
Charitable activities
3
Investments
Activities for generating funds
2
Trading activities - nurseries
Grants received - general
Total Incoming Resources
Fundraising costs
Charitable activities
5
Trading activities
4
Governance costs
6
Total Resources Expended
Net Incoming (outgoing) resources
Transfers between funds
Funds brought forward
Total funds carried forward
14
2022
2022
2022
2021
Restricted Unrestricted
Total
Total
£
£
£
£
-
-
615
28,191
38,891
67,082
54,943
-
3
3
3
-
1,867
1,867
969
-
1,325
1,325
-
-
-
300
28,191
42,086
70,277
56,830
31,141
39,718
70,859
42,580
-
-
-
5,732
5,732
1,579
31,141
45,450
76,591
44,159
2,950
-
3,364
-
6,314
-
12,671
-
-
2,950
10,454
13,404
733
-
7,090
7,090
13,404

The Statement of Financial Activities includes all gains and losses recognised in the year. All incoming resources and resources expended derive from continuing activities.

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Little Actors Theatre Company (A company limited by guarantee) Balance Sheet as at 31 March 2022

Notes
Fixed assets
Tangible assets
10
Current assets
Stocks
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due
within one year
12
Net current assets
Net assets
Funds
Unrestricted funds
Restricted funds
Total funds
2022
2021
£
£
116
154
165
50
1,778
241
20,182
15,507
22,125
15,798
(15,151)
(2,548)
6,974
13,250
7,090
13,404
7,090
10,454
-
2,950
7,090
13,404

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Mrs S Wright Director Approved by the board on 20 October 2022

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Little Actors Theatre Company (A company limited by guarantee) Notes to the Accounts for the year ended 31 March 2022

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention, and in accordance with the Charities' SORP(FRS102), applicable accounting standards and the Companies Act 2006.

Going Concern

The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Covid-19 pandemic has created financial pressures on the charity however the Trustees have considered the levels of funds held and the level of income and expenditure, together with the reserves for the charity, sufficient to be able to continue as a going concern.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful life

Business equipment 25% reducing balance Computer equipment over 3 years

Incoming Resources

Voluntary income including donations and grants that provide core funding or are of a general nature are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Investment income is recognised on a receivables basis.

Income from charitable activities includes grants received under contract, and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Income is deferred when the donors specify that it must be used in future accounting periods or donor conditions have not been

Volunteers and donated services and facilities

The value of services provided by volunteers is not incorporated into these financial statements. Further details of the contribution by volunteers can be found in the Trustees Annual Report.

Where services are provided to the Charity as a donation that would normally be purchased from our suppliers, the contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

Resources expended

Resources expended are included in the Statement of Financial Activities on an accruals basis inclusive of any vat which cannot be recovered. Expenditure which is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity they have been apportioned across categories on a basis consistent with the use of these resources.

Funds

Unrestricted funds are incoming resources receivable for the objects of the charity without further specified purpose and are available as general funds.

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.

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Little Actors Theatre Company (A company limited by guarantee) Notes to the Accounts for the year ended 31 March 2022

2
Activities for generating funds
T shirts
Tuck Shop
Fundraising
3
Charitable Activities
Theatre Clubs
Easter/Summer/Autumn Course
Interact
Box office
Brightlights
Filming
Covid Lockdown
Covid ACE
Covid Other
Other
Adult Drama
Adult Dance
General Grants received
4
Trading Activities Expenditure
General
5
Direct Charitable Expenditure
Theatre Clubs
Summer/Autumn Course
InterAct
Filming
Brightlights
Covid Lockdown
Covid ACE
Covid Other
Other
Restricted
£
-
-
-
-
Restricted
£
22,154
900
1,500
3,637
28,191
28,191
Restricted
£
-
Restricted
£
24,356
900
3,635
2,250
31,141
Unrestricted
£
228
355
1,284
1,867
Unrestricted
£
31,039
472
5,723
1,525
132
38,891
-
38,891
Unrestricted
£
-
Unrestricted
£
26,631
3,590
9,408
-
89
39,718
2022
£
228
355
1,284
1,867
2022
£
53,193
1,372
5,723
1,525
1,500
3,637
-
-
-
-
-
132
67,082
-
67,082
2022
£
-
-
2022
£
50,987
4,490
9,408
3,635
2,339
-
-
-
-
70,859
2021
£
88
50
831
969
2021
£
21,088
6,125
3,086
1,500
2,500
16,618
2,680
512
490
344
54,943
300
55,243
2021
£
-
2021
£
11,000
6,125
2,176
750
2,591
16,618
2,607
713
42,580

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Little Actors Theatre Company (A company limited by guarantee) Notes to the Accounts for the year ended 31 March 2022

6 Governance Costs

Governance Costs
Office rent
Accountancy
Insurance
Other
Restricted
£
-
-
-
Unrestricted
£
2,950
1,104
454
1,224
5,732
2022
£
2,950
1,104
454
1,224
5,732
2021
£
1,579
1,579

7 Grants Paid

No grants were paid in the year, nor in the previous year

8 Trustees remuneration and staff costs

No remuneration was paid to trustees in the year, nor were any expenses reimbursed to them The following costs were included within charitable activities:

9 Operating Outgoings

The operating outgoings are stated after charging:

Depreciation - owned assets 2022
£
38
38
2021
£
51
51

10 Tangible fixed assets

Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Plant and
machinery
etc
£
1,088
-
1,088
934
38
972
116
154

11

Little Actors Theatre Company (A company limited by guarantee) Notes to the Accounts for the year ended 31 March 2022

11
Debtors
Trade debtors
Other debtors
12
Creditors: amounts falling due within one year
Bank loans and overdrafts
Trade creditors
Other creditors
2022
£
426
1,352
1,778
2022
£
-
1,111
14,040
15,151
2021
£
154
87
241
2021
£
-
91
2,457
2,548

13 Related party disclosures

The Trustees have undertaken to contribute an amount not exeeding £1 towards meeting the Charity's liabilities in the event of its being wound up

The Charity's Trustees were not paid during the year and no Trustee received any emolument or payment for professional or other services.

Controlling Entity

The charity is controlled by the trustees who are all directors of the company.

14 Statement of funds

Statement of funds
At 1 April 2021
Income
Expenditure
Transfer
At 31 March 2022
Restricted
£
2,950
28,191
(31,141)
-
Unrestricted
£
10,454
42,086
(45,450)
7,090
Total
£
13,404
70,277
(76,591)
-
7,090

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Little Actors Theatre Company (A company limited by guarantee) Notes to the Accounts for the year ended 31 March 2022

15 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of grants held on trust for specific purposes

CWaC
Neston Town Council
Arts Council
Edsential CC
Creative Lives
Tesco
Redbridge Theatre Company
Marjory Boddy Trust
Masons
Kickstart
Balances at
1/04/2021
750
-
1,000
-
-
-
-
-
1,200
-
2,950
Incoming
Resources
3,637
2,500
-
900
500
1,000
10,329
1,000
-
8,325
28,191
Resources
Expended
4,387
2,500
1,000
900
500
1,000
10,329
1,000
1,200
8,325
31,141
Balances at
31/03/20225
-
-
-
-
-
-
-
-
-
-

16 Other information

Little Actors Theatre Company is a charitable company limited by guarantee in England and Wales It's registered number is 07151719, and it's registered adddress is 9 Carlton Close, Parkgate Cheshire, CH64 6TD

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