MARKET HARBOROUGH DRAMA SOCIETY FINANCIAL STATEMENTS YEAR ENDING 31 IULY 2025 berry accountants Itd CHARTERED ACCOUNTANTS BOWDEN HOUSE 36 NORTHAMPTON ROAD MARKET HARBOROUGH LEICESTERSHIRE LE16 9HE
Market Harborough Drama Society (MHDS} Charitable Incorporated Organisation, Reglstered Charlty no 1162014 Trustees, Annual reportforthe year ending July 31" 2025. The Trustees of Market Harborough Drama Society after a very successful year, are pleased lo present this annual report to f(s members, customer$, and the people of Market Harborough, for the 2024-25 season. Objectives and activities Market Harborough Drama So¢iety I'MHDS. or'The Society'l is a charty whose purposes are 'lo foster and promote the maintenance. improvement. development, study and pradice of dramatic art in all ils fomis among the inhabitants of the district of Market Harborough and elsewhere.. It advances these purposes by.. selecting, directing. staging, and performing a full season of plays each year. Fnainlaining a working theatre containing a 118-seal auditorium, and a 50-seal studio, with fijll theatre equipment, and making these available. together wfth supporting services, for hire for public perfornances. providing bar and refreshment services in support of public performances in the theatre. making the theatre lounge and other accommodation available for hire to community groups. operating a membership scheme iricluding a members, box office, a regular newsletter, and social events. encouraging local talent and providing some modest bursaries lo support PTomising young actors. Public benefit is provided by.. membership available to all, at modest subscriptions. a wide variety of public performances in addition lo the Society's own dramatic produdions, wf(h lickel prices kept low by reliance on volunteers lo run the Society and staff ils aclivilies. provision of high-quality facilities lo communty groups at low cost, with speci81 rates for approprk1te regular users. provision of a defi'brillator in the theatre for use by patrons. Harborough Theatre 1$ also home to.. Harborough Clnema, Market Harborough's only cinema providing regular showings of both cla8SIC and modern films plus broadcasts from the National Theatre & Royal Opera House in London, the Royal Shakespearè Company in Slratford, and English National Ballet etc. Parsnlps Youth Theatr•, a thriving independent organisalion th81 run$ classes for 75 students al the Theatre. The Harborough Arts Socioty with a programme of monthly lecture8. "Ha.Ha Harborough". Stand-up comedy nights. The Young at Heart Group- a monthly discussion meeting for older people held in the theatre lounge. Muslcal Mèmory Box- a singing group for people wf(h dementia. and we also hosted". Regular Saturday fund raising coffee mornin98 by local charrties and community groups., and a variety of other meetings and events. And a series ot social events for both members and visitors. MHDS is a member of the Little Theatre Guild, a valuable source of Ihealrical infomialion and advice, 8nd we will be hosting the Central Region's annual conference in September 2025.
Achlevoments and Succossos Harborough Thoalre h88 Qnjoyed 8n exceptionally Successful yeer with tid(el 8alo$ lo 011 cight 3how8 8ollinJ well and with three complete sell outs and audienca feedback has also beon positive. Harborough Thgalre continued lo help local charities lo raise awareness of their specific causes by hosting gala nights and other fundraising events. Following our consullanl's advice for improvements we have continued making Health & Safety improvements. We continue lo receive eommendalions forthe high standard in which our building is maintained. a Iribule lo OUT Premise$ Manager. Our part-time paid administrator has great increased the Theatre's visibility in the town, as he interacts wlh the public both personally and though th8 website and social media. He has also hoslgd theatre volunteers on his regular Harborough FM show to promote our shows and activities. We he refresher training for all Front of House and Bar Volunteer teams. We a150 ran Basic Acting Training sessions for Actors that were very popular. All Society members have the opportunity lo be involved in acting. directing, designing, building and painting sets, designing and operating sound, lighting, and special effects, stage managing, making and sourcing costumes and props, designing editing and publishing programmes. publicity material, the web sile and producing 'Backstage' the members newsletter. are fortunate lo have many volunteers willing lo take on short lenn tasks. bul like most voluntary organisalions we depend heavily on a few for Ihfj essential coordinating. administrative and managerial roles. Siructure, Govemance and Management MHDS is a Charitable Incorporated Organisation, registered number 1162014, whose goveming document is ils Conslilulion a8 a membership organisation, adopted in May 2015 and amended in November 2017. December 2021 and April 2025. The address ofthe Theatre is- Harborough Theatre Church Square Market Harborough LE16 7NB The Society's principal professional advisers are.. Bankers Solici(ors Independent Examiner Lloyds Bank Wartnaby Hefford, 44 High Slre&t. Market Harborough, LE16 7AH. Berry Accountants Ltd, 36 Northampton Road. Market Harborough.LE16 SHE
The Trustees for the 2024125 season were.. Name Baibara Lloyd Rita Kimmett John Waller Paul Barrass Chris Raymakers Maxine Kempster Tony Ruscoe Lynne Scannell Sue Waller Position Secretsry Treasurer Dama Officer Mèmbership Secretary Health & Safely and lettings Marketing, website and social media Wilhoul portfolio Without Portfolio The Board of Trustees is confirmed annually at the Spring General Meeting and takes offi'ce on the following 1$1 of August. During the year to 31 July 2025, no Trustee received payment. except for reimbursement of minor expenditure incurred on behalf of the Society. Flnancial Rgport Financial Aceounls, attached, are prepared accor(Sing to Charity Accounting rules and are intended lo comply with FRS 102. MHDS is not required lo have a full audit but engages the services of an Independent Examiner lo examine and report on ils financial accounts. The Independent Examiner's report eonfinns that the accounts, together with this annual Teport, follow the Charity Commissions SORP guidelines las amended) and satisfy the requirements of Charity law. MHDS follows the conventions of accrual accounting to make year-on-year comparisons easier. and to give truer picture of the financial position at the end of the financial year. The Society's balance sheet does not include the value of ils principal asset, the theatre building, because it is effectively inalienable. Furthermore, the Society owns a quantity of equipment and lurnishings 10 5UPPOrt ils theatrical produdions, but no value 15 shown for these because physical assets aTe written off in the year of purchase. The Society has continued to manage its finance3 in accordance with f(s plans and procedures and has had 8 very satisfactory year achieving an oper*ing profil of £17,744. Matters contributing lo this result are.. Continued high demand for lickels for the season of plays. Good bar profits. Continued revenue from letlings to local organisations and Harborough Cinema. Careful control of running costs. The operating profil achieved ha5 allowed the Iruslees lo continue with enhantsments to improve health and safety. After the cost of these improvements the resulting net profit of £5.799 has been added lo reserves. At 31 July 2025 the Society's resorves stood al £93,540 of which £85,000 was designated for contingencies. The Trustees consider reserves to be adequate for the theatre to continue to operate safely and lo provide resilience and sustainability. The cash position remains strong. Al 31 July 2025 cash at banks and in hand amounted lo £111,657. Cash was invested in various current and deposit accounts lo provide a balance beeen financial return and flexibility.
The Society's financial position remains strong allowing the Trustees and members lo look fOard with confidence. Signed Date.. Chair of Tr lees Signed . É/?/, Treasurer & Trustee
MARKET HARBOROUGH DRAMA SOCIETY STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDING 31 IULY 2025 Total Funds 2024125 Total Funds 2023124 Income from,. Subscriptions Donations Charitable Artivities Investments ToLIl Income 8,187 2,510 7 30,059 6,555 1,571 135,758 143,240 145,865 Expenditure on: Charitable Activitie5 Governance Total Expenditure 137,021 420 137,441 140,858 420 141,278 Net Movement in funds 5,799 Reconciliation of funds Balances brought forward Balances carried forward 87,741 83,154 Represented by: Cash at Bank and in Hand Stock Debtors and Prepayments Total Current Assets 111,657 911 112,439 1,126 123,401 122,111 Less Creditors and Acuuals Net Assets 34,370 87.741 93,540 Note: Independent Examiner's Fee 420 420 Note that except for sponsorship ol next season's brochure, which was simple reimbursement of the printing costs, no donations for specified purposes were received during 2024125. Therefore no Restricted Fund is shown.
Page.. 6 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND MEMBERS OF MARKET HARBOROUGH DRAMA SOCIEtY I report on the accounts ol the Trust lor the year ended 31 luly 2L)25, which are set out on pages I to 5. Respective responsibilste5 of trustees and the examiner The charity's trustees are responsible lor the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under Section 144121 ol the Charities Act 201 I Ithe 2011 Act) and that an independent examination is needed. 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 1451511bl ol 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 record5. It also inclLJde5 consideration ol 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 a5 to whether the Accounts present a 'true and fair view, and the report is limited to th05e matters set out in statement below. Independent examiner'5 Statement In connection with my examination, no matter has come to my attention.. 111 which give5 rne reasonable cause to believe that in any material respect the requirements:_ to keep accounting records in accordance with section 130 01 the 2011 Act,. and to prepare accounts which accord with the accoLJniing records and comply with the accounting requirements of the 201 l Act. have not been met,. or 121 to which, accounts y opinion, attention should be drawn, in order to enable a proper understanding ol the reached. Signed= MRS R WALDEN FCCA BERRY ACCOUNTANTS LTD CHARTERED ACCOUNTANTS BOWDEN HOUSE 36 NORTHAMPTON ROAD MARKET HARBOROUGH LEICESTERSHIRE LE16 9HE Dated.. 8 &J4.
MARKET HARBOROUGH DRAMA SOCIETY BALANCE SHEET AS AT 31 IULY 2025 2025 2024 Current Assets Cash Current Accounts Savin85 Accounts Value of Bar Stock Prepayments-_ Scripts and Licences for next season Other Debtors and Prepayments Debtors Total Current Assets 1,284 28,470 81,903 911 1,200 20,704 90,535 1,126 6,006 3,884 943 123,401 5,245 2,720 581 122,111 Current Liabilities Income received for next season- Season Tickets Subscriptions Theatre Hire Creditors Accruals Provision lor Health and Safety EnhancernentS Total Current Liabilities 15,180 785 2,037 5,175 6,684 15,130 640 735 1,095 6,770 10,000 34,370 29,861 NET ASSETS 93,540 87,741 Consisting of: General Fund Designated lor Contingencies 28,540 37,741 93,540 87,741
MARKET HARBOROUGH DRAMA SOCIEtY INCOME AND EXPENDITURE YEAR ENDING 31 IULY 2025 Notes 2025 2024 Net Income from Activities Membership and Fundraising Putting on Plays Theatre Hire and Visiting Productions Bar, Coffee and Ice Cream 7,742 53,945 23,175 6,009 57,536 26,065 104,652 109,332 Less: Cost of Overhead5 Running the Theatre Administration 57,313 48,483 Operating 5urplu511Deficit) 17,744 32,752 Less= Improvements Bur5arie5 for Parsnip5 11,945 26,809 1,356 Total Profit for the Year 5,799 4,587 NOTE 1: Membership and Fundraisin8 2025 2024 Income Subscriptions (including Gift Aid) Donations Fundraising Total 8,187 2,510 6,555 1,571 86 10,715 8,212 Expenditure Membership Admin Newsletter 102 110 7,742 6,009 NOTE 2: Running the Theatre 2025 2024 Rates and Utilities CSeaning and Waste Removal Maintenance and Repairs Sundries 13,741 25,139 18,433 11,547 21,921 14,745 270 Total 57,313 48,483
MARKET HARBOROUGH DRAMA SOCIETY INCOME AND EXPENDITURE YEAR ENDING 31 IULY 2025 NOTE 3: Contribution of Play$ 2025 2024 Income Season Tickets Tickets Programmes (net) Total 16,580 51,909 342 68,831 16,490 54,109 491 71,090 Costs Script51Licence5 Sets Costumes Props Sound and Lighting Equipment Rehearsals other 5,418 3,334 2,942 1,432 940 129 691 14,886 6,010 1,410 2,690 1,627 345 197 13,554 Contribution 53,945 57,536 NOTE 4: Administration of the Society 2025 2024 Insurance Legal and Professional Fees Independent Inspection of Accounts LTG Sundries Administration Salaries Health and Safety Bank and Card Reader Char8e5 Less Investment Income 4,388 3,887 12411 420 125 2,574 18,347 3,661 1,305 1,981 28,097 420 133 2,258 19,458 4,306 1,116 Total 29,595 NOTE 5: Improvements and Development 2025 2024 Various New Stage Lights Health and Safety Enhancements Total 5,590 8,650 18 159 11,945 26.809