Charity Commission number: 1157001 Companies House number: 08408118 **TANDEM THEATRE TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **Tandem Theatre** ## **Contents** ||**Page**| |---|---| |Trustees Annual Report|1 - 9| |Independent Examiner's Report|10| |Statement of Financial Activities|11| |Balance Sheet|12| |Statement of Cash Flows|13| |Notes to the Financial Statements|16 - 24| **Tandem Theatre Directors Report Year End 31[st] March 2025** The Trustees present their Annual Directors’ Report and financial statements of the Charity for the year ended 31[st] March 2025 which are also prepared to meet the requirements for a Directors’ Report and Accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). ## **Objectives and activities** During the financial year, the principal objectives of the company were, in the United Kingdom and Ireland: To advance the arts for the public benefit by the promotion in particular, but not exclusively, of the art of drama. Tandem Theatre is a not-for-profit organisation that delivers participatory arts programmes for vulnerable adults, young people and children to build levels of confidence and resilience with the aim to enable social interaction. Tandem Theatre aims to provide engaging creative arts workshops to unlock the potential in participants and to increase the creative opportunities particularly but not exclusively in disadvantaged communities. It is the objective of Tandem Theatre to bring effective approaches of engagement through the arts. Delivering bespoke programmes to suit the needs of a range of people groups. The Trustees are pleased with the range of activities provided by Tandem Theatre during the year and believe that participants have benefited culturally, educationally and emotionally from the workshops provided, performances produced and qualifications achieved. The Trustees would like to thank the people who have made donations and those organisations that have supported us during the last financial year and hope that you will continue to support the activities of Tandem Theatre in the future. We would particularly like to thank the facilitators and artists that provided sessions and maintained the high standards set by Tandem Theatre’s past portfolio of work. The activities this year were funded by grants, donations and payments for services. These were to support the objectives of Tandem Theatre providing high quality performances, participatory arts programmes and improve the quality of life in socially and/or economically disadvantaged communities. All our activities are for the public benefit, as they focus on: - Advancing the education of the general public in relation to social inclusion, mental health and wellbeing or providing relief from the stresses of financial hardship - Improving the quality of life in socially and/or economically disadvantaged communities - The advancement of the arts, heritage and culture. The board of trustees ensure that they continue to carry out the company’s aims for the public benefit and confirm that they have complied with the duty of care in section 4 of the Charities Act 2011 to have due regard to public benefit guidance as published by the Commission. Page 1 **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **A review of our achievements and performance in the period 1[st] April 2024 to 31[st] March 2025** We are proud of what we were able to achieve and the activities we could provide in this financial year. ## **BONDS funded by Children in Need** This project provided creative activities for children and their fathers during the family visits at HMP Buckley Hall Prison. These have been very successful, and the prison staff, families and POPs (Partners of Prisoners) have given positive feedback about the sessions. The following details how we have been meeting the intended aims for this project: Aim 1) Improving bonds between fathers and children has been observed by the following: - Children actively recruit their fathers to join in the activity. - They communicate to their fathers their needs and wants within the activity and the fathers having the opportunity to fulfil that request. - Fathers take ownership over the activity and encourage whole family to be involved - Father and child participate together - Children share their new skill with their fathers, and the fathers say how proud they are of their achievement - Aim 2) Observations showed the improvement of communication skills: - Children are more expressive and identify how they are feeling - Children exercise choice and give reasonings behind these - Children picked up new vocabulary e.g. naming of instruments and describing the impacts of sound - Children bring in imaginative storytelling - Aim 3) Observations that identified progress I mental health and emotional wellbeing are the following: - Children are visibly excited and happy to see the activity leaders - Children express how much they enjoyed the activities and how fun they were - Children showed resilience when learning new skills and not giving up when it became challenging - All present become relaxed and feel welcome This project will be funded for one more year. Page 2 **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **CONNECTIONS funded by Youth Music** Weekly music sessions were be delivered in children centres in Oldham, Tameside, Manchester and Salford for children aged 0 – 4 and their parents/carers. **----- Start of picture text -----**
Borough Location of session Number of sessions Total number of
delivered attendees (per child
per session)
Oldham Spring Meadows Family Hub 13 119
Oldham Medlock Family Hub 13 43
Salford Little Hulton Family Hub 14 135
Salford Swinton Family Hub 7 36
Salford Winton Library 8 71
Salford Irlam O’Th’ Height 7 117
Salford Little Hulton Library 7 37
Manchester St James Family Hub 12 72
Tameside Stalybridge Library 14 239
Total 95 869
**----- End of picture text -----**
The core sessions were delivered by experienced early years music practitioner, Sarah Atter. Atter was the lead musician on our previous youth music funded project, Harmonising Heroines and her current projects include Artist Development for RNCM students, SEND music sessions, Little Amber and AmberPlus, Music Makers in the Community with Bridgewater Hall and Tree of Life Sessions for refugees with Altogether Human CIC. In addition to the core delivery we were also able to provide: - Live performances and music activities for early years delivered by guest musicians `o` Sarah the Sufi is a Manchester based singer-songwriter. Her soulful voice accompanied by the Darabouka and guitar sings in Urdu, Arabic and English - Mariia Petrovska is a Ukrainian singer and Bandura player with a rich background in performance, education and cultural storytelling - Training for early years practitioners in how to use the singing voice when working with children by ABRSM - Training of emerging musicians interested in working with early years children - On the job training for Tameside library staff to deliver music sessions for early years and their parents ## **TODDLER MUSIC SESSIONS funded by Manchester City Council** Thanks to Sarah Atter’s great work at delivering music sessions at St James Family Hub in Manchester, the family manager were able to source funding to pay for 5 additional toddler music sessions. Page 3 ## **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **ALTERNATIVE EDUCATION PROVISION funded by Laurus Ryecroft and Newman Catholic College** We are encouraged that our schools work is increasing. - We provided one to one Arts Award sessions with two students based at Newman Catholic College - We provided one to one Arts Award sessions at Laurus Ryecroft Secondary School ## **PATHWAYS funded by WEA, GMCA & The UK Government** This project consists of drama workshops for long term sick and/or economically inactive to build confidence and increase wellbeing, employability skills and literacy levels. This will prepare learners empowering them to progress onto accredited learning programmes with an AEB funded provider. The project was delivered in partnership with three different organisations that support adults: - Creative Living Centre, Bury - Petrus Homeless Hub, Rochdale - Start Inspiring Minds, Salford The sessions consisted of drama games and exercises to build confidence and self-esteem. Through these practical activities, that do not rely on literacy skills (which are so often a barrier for adults trying to engage with education) the learners built their confidence, enhanced creative thinking skills and gained transferable employability skills. This is demonstrated in the percentage change recorded from the participants self-evaluation surveys: **----- Start of picture text -----**
Totals Percentage change
Drama Skills +85%
Social and communication skills +27%
Readiness for employment/ volunteering/courses +37.50%
Confidence +50%
Good mental health and emotional wellbeing +58%
Performing in front of others +65%
Working in a group +42%
Self-reflection +45%
**----- End of picture text -----**
We have been successful in being awarded the second round of WEA GMCA funds which will allow us to deliver a similar project again in the Salford borough. Page 4 **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **WHOSE ART WHOSE CULTURE funded by Salford CVS** In the original application we had intended to do other sessions that focused on other conflicts e.g. the experience of the colonised. After receiving feedback from the young people and conducting the midpoint evaluation the young people wanted to build on what they had already experienced. This was then discussed this with the Salford CVS grants officer and they were happy to allow the project to be youth led. This then led to the following activity being delivered ## At Eccles LGBT+ group: - Visual arts workshops designing banners for the LGBT+ Youth march to the Salford Town Hall - Drama workshop to kick start the LGBT+ Youth march day - Drama/writing workshops to write monologues focusing LGBT+ figures from history such as Alan Turing and Stonewall. Audio recordings of these were taken. Irlam Young women’s group - Song writing workshops to complete writing their song ‘Stand up in Peace’ - Rehearsing and then performing a choir of songs including their original song as well as modern pop songs at the young women’s youth event held at Irlam and Cadishead youth centre - Visit to Ordsall Hall and Salford Museum and Art Gallery - Recording their original song, ‘Stand Up in Peace’ ## Little Hulton - Visual arts workshops where the groups created artwork focusing on Autumn which was then displayed at John Lewis Community Café - Visit to Media City to practice photography skills - Rehearsing and recording of choir songs This project is funded by the Whose Art Whose Culture Fund managed by Salford CVS funded by Levelling Up, Greater Manchester Combined Authority and The UK Government. ## **TiPP PROJECTS funded by TiPP** Tandem Theatre are privileged to partner with TiPP (Theatre in Prisons and Probation). They are one of the most prestigious participatory arts charities in the North West. TiPP have mentored Tandem Theatre since Tandem’s origins and have commissioned Tandem Theatre to provide services delivering drama based participatory work. For this financial year this has included: - Student residency supervisor for students delivering participatory theatre programme in HMP Risley - Delivering the Changing Stories programme in HMP Forest Bank in December and March - Delivering weekly drama sessions at the CFO Hubs in Preston and Blackburn ## **Financial review** Facilitation of sessions is paid at what the Trustees consider to be the market rate for the services provided. The Artistic Director has provided their services on a subcontract basis. All other expenses are kept to a minimum and include costs for Theatre visits, materials and props used to carry out sessions. Venues are often provided free of charge. Future fundraising will be utilised for funding the company’s objectives, our aim is to ensure that we are in a position to continue activities for at least 18 months. Page 5 ## **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **Investment powers and policy** The trustees expect to deliver participatory arts sessions from grants and donations over a relatively short time scale, they do not therefore hold long term investments but will hold any cash in a business account at the market rate. ## **Reserves, Development Funds and issues of on going concern** The balance held in unrestricted reserves at 31[st] March 2025 was £56 of which all are free reserves. The aim is to ensure the company has sufficient funds to meet costs incurred on an annual basis. It is the trustees’ intention that the costs of the company’s activities will be largely in line with income. The Trustees consider it necessary to build up a reserve that will ensure that the company can meet the expenditure of the company for a period of 3 months in order that its objectives are met and have a small contingency ## **Risk management** During the year the trustees continued to establish systems and procedures to mitigate the risks faced by the company and implement procedures designed to minimise any potential impact on the company should those risks materialise. There are key controls in place to manage those risks. As part of the Board training a review of risks is undertaken, the trustees consider controls are in place to mitigate key risks. The major risks to which the company is exposed have been reviewed by the trustees and systems are put in place to manage those risks. The main risks for the company are: - Insufficient funds to carry out activities - The company deals with vulnerable adults and children. Potential risks are physical and mental dangers to participants, facilitators and any other individual that may come into contact during group sessions. To mitigate these risks: - Current workforce contracted on a sessional basis - All projects are planned to remain within the budget - The trustees have in place and review on a regular basis various policies and procedures that must be followed by facilitators. - Facilitators regularly undergo the relevant Safeguarding, Health and Safety and Risk Assessment training Page 6 **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **Plans for Future Periods** The following projects will continue to be delivered into the new financial year: - Pathways Salford funded by WEA, GMCA & The UK Government to deliver weekly drama based workshops to improve confidence and transferable skills - Whose Art Whose Culture second round funded by Salford CVS to deliver arts activities focused on historical Salford artists - Bonds funded by Children in Need to continue delivering activities for children visiting their fathers in Buckley Hall prison - Alternative Education Provision funded by schools - We have been commissioned to deliver one to one drama Arts Award course for two students at Laurus Ryecroft School, Tameside, to begin September 2025. We will continue the one to one visual arts sessions funded by Newman Catholic College until the end of the summer term 2025. - Activities funded by Acting On Impulse Legacy Fund including weekly drama workshops at Creative Living Centre, Bury and overheads - TiPP partnership for the 2025 student residencies and for Changing Stories, a project by TiPP to be delivered in prisons across the Northwest - Rhythm Together funded by Youth Music to provide music activities in prisons across the Northwest for children visiting their parents Tandem will also be applying for funding to tour their theatre performance, Delia D, do another research and development performance based project and establish a performance to involve lots of young people across Greater Manchester in one place. ## **Structure, Governance and Management** Tandem Theatre is a company limited by guarantee incorporated in England and Wales and a registered charity with the Charity Commission number 1157001. The company is governed by its Memorandum and Articles of Association. The board meets on a regular basis at least 4 times per year to administer and manage the affairs of the company. In the intervening periods, consultations and decision making are undertaken by the board and trust administrators by phone and email. ## **Appointment of Trustees** As set out in the Articles of Association trustees are elected annually by the members of the charitable company attending the Annual General meeting and serve for a period of 3 years. ## **Trustee induction and training** The chair of the trustees is responsible for the induction of any new trustee which involves awareness of a trustee’s responsibilities, the governing document, administrative procedures and the history and philosophical approach of the company. ## **Organisation** The Board of Trustees administers the charity. The Board meets four times a year. The Artistic Director is appointed by the Trustees to manage the day-to-day operations and strategic directions of the Charity. Page 7 ## **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **Related parties and co-operation with other organisations** None of our Trustees receive remuneration or other benefit from their work with the Charity. Any connection between a Trustee and their spouses/partners/relatives of any directors/trustees with any service providers must be disclosed to the full board of Trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported. ## **Reference and administrative information** Charity Name: Tandem Theatre Charity Number: 1157001 Company Registration Number: 08408118 ## **Directors and trustees** The Directors of the charitable company (the Charity) are its Trustees for the purpose of Charity Law. The Trustees and Officers serving during the year and since the year end were as follows: ## **Key management personnel: Trustees and Directors** Neil Alexander Chair Gillian Johnson Treasurer Rebecca Didi Frances Nutt Company Secretary ## **Artistic Director** Frances Nutt ## **Registered Office** The Castle 31 Lewis Street Eccles Manchester M30 0PU ## **Independent Examiners** Hilton Jones Ltd Hollinwood Business Centre Albert Street Oldham Lancashire OL8 3QL ## **Bankers** Santander 21 Prescot Street London E1 8AD Page 8 **Tandem Theatre Directors Report (continued) Year End 31[st] March 2025** ## **Trustees’ responsibilities in relation to the financial statements** The Charity Trustees (who are also the Directors of Tandem Theatre for the purposes of Company Law) are responsible for preparing a Trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Charity Trustees to prepare financial statements for each 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 that period. In preparing the financial statements, the Trustees are required to: - Select suitable accounting principles and then apply them consistently; - Observe the methods and principles in the applicable Charities SORP; - Make judgments and estimates that are reasonable and prudent; - State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; - Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the Board of Trustees Neil Alexander _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Neil Alexander Chair 22 Dec 2025 Date: Page 9 ## **Tandem Theatre Independent Examiner’s Report Year End 31[st] March 2025** I report on the accounts of the company for the year ended 31st March 2025, which are set out on pages 11 to 24. ## **Respective responsibilities of trustees and examiner** The trustees (who are also the directors of the company 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 2011 Act) and that an independent examination is needed. The charity is required by company law to prepare accrued accounts and I am qualified to undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. 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: - examine the accounts under section 145 of the 2011 Act ; - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **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 charity 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: (1) which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting - requirements of section 396 of the Companies Act 2006, ; and - with the methods and principles of the Statement of Recommended Practice: Accounting and - Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. JM Hilton-Jones JM Hilton-Jones FCA Hilton Jones Ltd Hollinwood Business Centre Albert Street Oldham OL8 3QL Date: 22 Dec 2025 Page 10 ## **Tandem Theatre Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025** **----- Start of picture text -----**
Unrestricted Restricted
Funds Funds 2025 2024
Notes £ £ £ £
INCOME FROM
Donations and legacies 3 600 - 600 600
Charitable activities 4 7,428 43,380 50,808 46,231
Other income 100 - 100 -
TOTAL INCOME 8,128 43,380 51,508 46,831
EXPENDITURE ON
Raising funds 6 104 - 104 13
Charitable activities 6 11,738 52,767 64,505 17,992
Other 6 - - - 13
TOTAL EXPENDITURE 11,842 52,767 64,609 18,018
NET INCOME/(EXPENDITURE) (3,714) (9,387) (13,101) 28,813
NET MOVEMENT IN FUNDS (3,714) (9,387) (13,101) 28,813
RECONCILIATION OF FUNDS
Total funds brought forward 12 3,770 35,499 39,269 10,456
TOTAL FUNDS CARRIED FORWARD 12 56 26,112 26,168 39,269
**----- End of picture text -----**
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 16 to 24 form part of these accounts. Page 11 ## **Tandem Theatre Balance Sheet As At 31 March 2025** **----- Start of picture text -----**
Companies House number: 08408118
Unrestricted Restricted
Funds Funds 2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 9 - - - -
- - - -
CURRENT ASSETS
Debtors 10 2,930 - 2,930 682
Cash at bank and in hand 1,473 32,077 33,550 43,021
4,403 32,077 36,480 43,703
Creditors: Amounts falling due
11 4,347 5,965 10,312 4,434
within one year
NET CURRENT ASSETS 56 26,112 26,168 39,269
TOTAL ASSETS LESS CURRENT LIABILITIES 56 26,112 26,168 39,269
NET ASSETS 56 26,112 26,168 39,269
THE FUNDS OF THE CHARITY
Restricted income funds 12 - 26,112 26,112 35,499
Unrestricted income funds 12 56 - 56 3,770
TOTAL CHARITY FUNDS 56 26,112 26,168 39,269
**----- End of picture text -----**
For the period in question the company was entitled to the exemption conferred by section 477 of the Companies Act 2006, and that no notice has been deposited under section 476 in relation to its accounts for the financial year. 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. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. Approved by the trustees on 06 December 2025 Neil Alexander Neil Alexander - Chair The notes on pages 16 to 24 form part of these accounts. Page 12 **Tandem Theatre Statement of Cash Flows For The Year Ended 31 March 2025** ## **RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES** |Net movement in funds
Decrease/(increase) in debtors
Increase/(decrease) in creditors
**NET CASH USED IN OPERATING ACTIVITIES**
**CASH AND CASH EQUIVALENTS BROUGHT FORWARD**
**CASH AND CASH EQUIVALENTS CARRIED FORWARD**
**INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS DURING THE**
**YEAR**|**2025**
**2024**
**£**
**£**
(13,101)
28,813
(2,248)
2,335
5,878
3,804
(9,471)
34,952
(9,471)
34,952
43,021
8,069
33,550
43,021
| |---|---| Page 13 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **1 Accounting Policies** ## **1.1 Basis of preparation and assessment of going concern** The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), effective 1st January 2019, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. ## **1.2 Funds structure** Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are 6 restricted funds. Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose. Further details of each fund are disclosed in note 12. ## **1.3 Income recognition** All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. ## **1.4 Expenditure Recognition** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note 1.6. Page 14 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **1.5 Irrecoverable VAT** Irrecoverable VAT is charged against the expenditure heading for which it was incurred. ## **1.6 Allocation of support and governance costs** Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees together with an apportionment of overhead and support costs. Governance costs and support costs relating to charitable activities have been apportioned based on type of expense. The allocation of support and governance costs is analysed in note 7. ## **1.7 Costs of raising funds** The costs of raising funds consists of activities, marketing and DBS costs. ## **1.8 Charitable Activities** Costs of charitable activities include governance costs and an apportionment of support costs as shown in note 6. ## **1.9 Tangible fixed assets and depreciation** All assets costing more than £500 are capitalised and valued at historical cost. Depreciation is charged on the following basis: Computers 33.33% on cost Fixtures and Fittings 25% on cost Motor Vehicles 25% on cost ## **1.10 Realised gains and losses** All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement ## **1.11 Pensions** The charity does not have any employees and, therefore, does not have a pension scheme. ## **1.12 Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 15 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **1.13 Creditors and provisions** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **2 Related party transactions and trustees' expenses and remuneration** The trustees all give freely their time and expertise without any form of remuneration or other benefit in cash or kind (2023: £nil). Expenses paid to the trustees in the year totalled £nil (2023: £nil). |**3 Donations and Legacies**
Donations
Previous reporting period
Donations|**Unrestricted**
**2025**
**£**
600
600|**Restricted**
**Total Funds Total Funds**
**2025**
**2025**
**2024**
**£**
**£**
**£**
-
600
600
-
600
600
**Unrestricted**
**Restricted**
**Total Funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
600
-
600
600
-
600| |---|---|---| Page 16 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **4 Income from charitable activities** |The National Foundation Youth Music
BBC Children in Need
GMCA WEA
Salford CVS
Salford CVS - Family Hub
Other
Previous reporting period
The National Foundation Youth Music
BBC Children in Need
GMCA WEA
Salford CVS
Other
**5 Net income**
Net income is stated after charging:
Accountancy|**Unrestricted**
**2025**
**£**
-
-
-
-
-
7,428
7,428|**Restricted**
**Total Funds Total Funds**
**2025**
**2025**
**2024**
**£**
**£**
**£**
15,000
15,000
15,000
-
-
10,000
13,380
13,380
8,920
5,000
5,000
10,000
10,000
10,000
-
-
7,428
2,311
43,380
50,808
46,231
**Unrestricted**
**Restricted**
**Total Funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
-
15,000
15,000
-
10,000
10,000
-
8,920
8,920
-
10,000
10,000
2,311
-
2,311
2,311
43,920
46,231
**2025**
**2024**
**£**
**£**
702
648| |---|---|---| Page 17 ## **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **6 Expenditure** |**Expenditure on raising funds**
Accreditation fees
DBS costs
Advertising and marketing
**Expenditure on charitable activities**
Production/facilitation fees
Administration/project management
Travel costs
Supervision
Registration fees
Penalties
Performance fees
Training
Venue hire
Software
Refreshments
Website costs
Telephone
Insurance
Post, printing and stationery
Event costs
Speaker fees
Governance costs
**Other expenditure**
Miscellaneous
Restricted funds
Unrestricted funds|**Services**
**£**
28
16
60
104
**Services**
**£**
51,838
3,725
580
-
387
-
-
3,245
2,540
80
213
278
199
281
367
70
-
702
64,505
**Services**
**£**
-
-
64,609|**2025**
**2024**
**£**
**£**
28
-
16
13
60
-
104
13
**2025**
**2024**
**£**
**£**
51,838
6,695
3,725
5,875
580
91
-
1,026
387
35
-
100
-
549
3,245
1,578
2,540
200
80
80
213
11
278
289
199
188
281
259
367
193
70
-
-
175
702
648
64,505
17,992
**2025**
**2024**
**£**
**£**
-
13
-
13
64,609
18,018
**2025**
**2024**
**£**
**£**
52,767
13,589
11,842
4,429
64,609
18,018| |---|---|---| Page 18 ## **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **7 Allocation of governance and support costs** The breakdown of support costs and how these were allocated between governance and other support costs is shown below. |Accountancy
Previous reporting period
Accountancy
**8 Independent Examiner Fees**
Independent examination fees
type of expense
type of expense
**Basis of apportionment**
**Basis of apportionment**|**General**
**Support**
**£**
-
-
**General**
**Support**
**£**
-
-|**Governance**
**2025**
**£**
**£**
702
702
702
702
**Governance**
**2024**
**£**
**£**
648
648
648
648
**2025**
**2024**
**£**
**£**
702
648
702
648| |---|---|---| Page 19 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **9 Tangible Fixed Assets** |**FA5**
**FA4**
**FA3**
**FA2**
**£**
**£**
**£**
**£**
**Cost**
At 1 April 2024
-
-
-
-
At 31 March 2025
-
-
-
-
**Depreciation**
At 1 April 2024
-
-
-
-
At 31 March 2025
-
-
-
-
**Net Book Value**
**Debtors**
Debtors
Prepayments
Restricted
Unrestricted|**Fixtures &**
**fittings**
**Total**
**£**
**£**
1,277
1,277
1,277
1,277
1,277
1,277
1,277
1,277
**2025**
**2024**
**£**
**£**
2,930
660
-
22
2,930
682
**2025**
**2024**
**£**
**£**
-
-
2,930
682
2,930
682| |---|---| ## **10 Debtors** Page 20 ## **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **11 Creditors: amounts falling due within one year** |Creditors
Other creditors and accruals
Restricted
Unrestricted|**2025**
**2024**
**£**
**£**
9,610
3,786
702
648
10,312
4,434
**2025**
**2024**
**£**
**£**
5,965
3,786
4,347
648
10,312
4,434| |---|---| Page 21 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **12 Analysis of charitable funds** ## **Analysis of movements in unrestricted funds** |General fund
Previous reporting period
General fund|**As at**
**1 April**
**2024**
**Incoming**
**Resources**
**Resources**
**Expended**
**Transfers**
**As at**
**31 March**
**2025**
**£**
**£**
**£**
**£**
**£**
3,770
8,128
(11,842)
-
56
3,770
8,128
(11,842)
-
56
**As at**
**1 April**
**2023**
**Incoming**
**Resources**
**Resources**
**Expended**
**Transfers**
**As at**
**31 March**
**2024**
**£**
**£**
**£**
**£**
**£**
5,288
2,911
(4,429)
-
3,770
5,288
2,911
(4,429)
-
3,770| |---|---| **Name of unrestricted fund:** General fund **Description, nature and purpose of the fund** The unrestricted funds of the charity Page 22 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** **----- Start of picture text -----**
12 Analysis of movements in restricted funds
As at As at
1 April Incoming Resources 31 March
2024 Resources Expended Transfers 2025
£ £ £ £ £
The National Foundation Youth Mus 11,632 15,000 (24,620) - 2,012
BBC Children in Need 8,849 - (2,560) - 6,289
GMCA WEA 6,167 13,380 (18,637) - 910
Salford CVS 8,850 5,000 (6,950) - 6,900
Salford CVS - Wellbeing 1 - - - 1
- - -
Salford CVS - Family Hub 10,000 10,000
-
35,499 43,380 (52,767) 26,112
Previous reporting period
As at As at
1 April Incoming Resources 31 March
2023 Resources Expended Transfers 2024
£ £ £ £ £
The National Foundation Youth Mus 7 15,000 (3,375) - 11,632
BBC Children in Need 5,160 10,000 (6,311) - 8,849
GMCA WEA - 8,920 (2,753) - 6,167
Salford CVS - 10,000 (1,150) - 8,850
Salford CVS - Wellbeing 1 - - - 1
-
5,168 43,920 (13,589) 35,499
**----- End of picture text -----**
## **Name of restricted fund:** ## **Description, nature and purpose of the fund** The National Foundation Youth Music BBC Children in Need GMCA WEA Salford CVS Salford CVS - Wellbeing Salford CVS - Family Hub Weekly music sessions for children aged 0 - 4 Funding creative activities for children and their parents involved in the criminal justice system. Drama workshops for long term sick and/or economically inactive to build confidence and increase wellbeing, employability skills and literacy levels Visual arts and song writing workshops Community based wellbeing programme Family Hub Page 23 **Tandem Theatre Notes to the Financial Statements For The Year Ended 31 March 2025** ## **13 Analysis of net assets between funds** |**Designated**
**funds**
**£**
Cash at bank and in hand
-
Other net current assets/(liabilities)
-
Total
-
Previous reporting period
**Designated**
**funds**
**£**
Cash at bank and in hand
-
Other net current assets/(liabilities)
-
Total
-|**Unrestricted**
**Restricted**
**2025**
**£**
**£**
**£**
1,473
32,077
33,550
(1,417)
(5,965)
(7,382)
56
26,112
26,168
**Unrestricted**
**Restricted**
**2024**
**£**
**£**
**£**
3,736
39,285
43,021
34
(3,786)
(3,752)
3,770
35,499
39,269| |---|---| ## **14 Going Concern** The charity's main source of income is grant funding and investment income. The trustees consider, having regard to reserves that it is appropriate to prepare the accounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if the funding income should cease. ## **15 Post Balance Sheet Events** The Trustees do not consider that there have been any events since the balance sheet date that significantly impact on the financial statements. ## **16 Financial Instruments** The charity only has financial assets and financial liabilities of a kind that qualify as basic financial Page 24