REGISTERED CHARITY NUMBER: 1165541 Report of the Trustees and Unaudited Financial Statements forthe Year Ended 31 March 2024 lor Full House Theatre
Full House Theatre Contents of the Financial Statements forthe year ended 31 March 2024 Page Report of the Trustees 1to6 Independent Examineff s Report Statement of Financial Activities Balance Sheet Notes lo the Financial Statements 10t015 Detailed Statement of Financial Activits'es 16
Full House Theatre Report of the Trustees for the year ended 31 March 2024 The trustees present their report with the financial statements of the charitable incorporated organisalion for the year ended 31 March 2024. The trustees have adopted the provisions of 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 1021 (effective 1 January 20151. During the previous period the Trustees agreed to change the year end date to 31 March. As a result, these financial stalemenls cover the 12 month period to 31 March 2024 with comparatives for the previously reported 14 month period to 31 March 2023. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 1165541 Prlncipal address 12 Kings Arms Yard Church Street Amplhill MK45 2PJ Trustees Prof. S Mackey (Chair) J Riley P Mayes V Pearce P Kouwenberg B Jillani S Al-Khayyat Independent examlner Harris and Co Chartered Accountants and Business Advisors Pavilion Court 600 Pavilion Drive Northampton NN4 7SL STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documgnt The charity was registered as a Charitable incorporated organisalion in February 2016 and is controlled by its foundalDn model constitution. Board of Trustees Full House's sustained growth (since 20011, highly suecessful partnership working and excellent track record for delivery is facilitated by clear strategic planning and excellent project management overseen by a committed and supportive Board. Our governance structures are robust.. our Board is diverse, committed and includes a wide range of profession81 expertise. Our Board meet regularly to guide and monitor the progress against our vision and goals. In January the Board came together for a highly SusSfUl strategic away day and welcomed a new member to the dedicated group of highly skilled professionals from arts, business, education and charitable sectors. Page 1
Full House Theatre Report of the Trustees for the year ended 31 March 2024 The Board meet a minimum of four limes a year, more frequenuy if required. We conduct specific subcommittees, such as finance, to support the development of new work, recruitment, strategic development and business planning. The 2016 review sel targets to improve the diversity of our Board, for our governance to better reflect the communities which we serve. We met and exceeded these targets, and this is indicative of our commitment to increasing representation of our community across all of our activity. 40Yo of our board are of Global Majority heritage and 750A female. Continuing this work will remain a focus in the coming years. We are exploring ways for young people's volS to be heard at Board level and lo maintain and increase its diversity. As an organisation working with children and young people, the Board have a key role to play in ensurir¢g that our safeguarding policies and practices are robust and appropriate. All Board members undertake regular safeguarding training and our policies in this area are reviewed annually. New Board members are subject to an enhanced DBS disclosure and Board induction includes explanation of key policies, to ensure transparency and good governance, such as our conflict-of-inlerest policies, grievance and disciplinary procedures and the Charity Commission's guidance for being an effective trustee. We have thorough evaluab'on procedures in pla for all our activity, monitored and reviewed regularty al Board level to inform future plannir¢g and delivery. Employed Staff Full House is driven by the shared vision of joint CEOS and Creative Directors. Ben Miles and Harriet Hardie. who have led Full House successfully since founding the company. Day lo day runr¢ing of the organisation is undertaken under a scheme of delegation which is reviewed every three yeaTS. Our org8nisation's core 8clivilies are managed by a full-time administrator, with the company since 2016. In 2022, following a staffing restructure, two new roles of Senior Producer and Marketing Co-ordinator were created. Project managemenl, funding and development are the shared responsibility of our CEOS and the Senior Producer. Formal appraisals of staff are undertaken annualty where job description, targets and aims of the previous year are reviewed, new aims agreed and training needs discussed. The annual budget includes a reasonable training fund for staff. Contract staff We always pay the industry standard or above lo artists we work with. For example, we follow Independent Theatre Council {ITCI rates. Equity pay scales and guidelines from The Writers Guild when setting fees for the creatives we work with. We often broker higher fees for experienced creatives to ensure the artistic success. Remuneration We are a values led charity and place high importance in investing in our team. We are member of the living wage foundation_ The Gharity operates a remuneration policy in line with the NCVO Payscale and salaries for all directly employed staff are set with parity to other similar scale organisations in the arts and cultural and voluntary sector. Any increases are calculated lo include the financial performance of the organlsation as a whole and the personal perfomiance of the employee during the year under review. The average employee headcounl during the period was 6.3. No employees earned in excess of £60,000 and the total remuneration paid to the key management personnel during the period was £97,652. During the perK)d the trustees received no remuneration. Related parties Partnership working is key to Full House achieving its goals and this has never been more evident than in this year. We have worked closely with key stakeholder partners al both national and regional levels including local authorities, venues, community groups, schools and other arts organisalions to ensure the continuation of our activities. We have a national reach, and our partnership, part¢cularly In the theatre for young audiences sector is key to the development of our work. Fundraising Full House does not use the Servi of professional fundraisers or commercsal participators to assist with its income generation. No complaints have been received regarding its fundraising activities. Page 2
Full House Theatre Report of the Trustees for the year ended 31 March 2024 Risk management Full House is a robust and efficiently managed arts organisalion, whlch has been successfully delivering projects for children and young people since the formation of the company in 2001. To ensure sound financial management the Board sign-off quarterly management accounts, following an annual budget approved in advance of each financial year. A Risk Register. including a RAG based risk analysis tool is presented at quarterly board meetings. This enables the board to respond swiftly and appropriatew. OBJECTIVES AND ACTIVITIES Charitable objective The advancement of education in the perfomiing arts through the provision of public perfomiances and workshops. Our Vision For every child to hold treasured memories of theatre. Our Mission With our audience at the heart of our work we carefully craft, programme and develop theatre and performance projects for, by and with children and young people. We exist to enrich young creative minds, delight young audiences, and nurture a lifelong Connect)n with the arts. Full House is committed lo listening and responding lo the needs of our audience, reaching out to all corners of the community to create lasting rnemories. Significant activ511es 2023124 was our first year of activity as an Arts Council England NPO and through our perfomiance and participatory work we rea¢hed at total of 16,150 children. young people and their families. Our ongoing community arts project, Houghton Regis Art Town, continues to engage disadvantaged children in exciting creative activities including the continuation of the Art Town Fantastic Fridays programme, with a range of arts and cultural engagement opportunities for under-fives and their grown-ups. We launched our Art Town Sounds sessions al the end of January, enabling us to place music at the heart of our youth led work in Houghton Regis. We're excited to explore technology, cultural heritage, identity and much more with our young people as the year progresses. 'Art Town gives me a place to really be mys8lf8nd learn new skills" Participant Feedback 'My daughter loves fantastic Frid8ys. She loves the stories and songs and spending time together doing something drfferent_- Participant Feedback Following a child led co-crealion process we opened The Worst Prlncess at The Grove Theatre in Dunslable and the show then undertook a short tour of regional venues. We have since established a partnership with Pro-Tours leading lo a scheduled future tour of 26 UK venues due to take place in 2025. The prtsje was a co-production with The Grove Theatre and supported by Arts Council England. 'ExGgllenl show - great n78ssag6, high production values. Better than things we have seen in the west end We ne8d more theatre companies like Full House to encourage young people to the arts.. - Audience Member Page 3
Full House Theatre Report of the Trustees for the year ended 31 Mah 2024 Doorstgp Adventures delivered over 114 live sensory perfomiance experiences ft)r Disabled children in Bedfordshire. The project was funded by BBC Children In Need and brought joy and wonder to children who face the most barriers to taking part in and enjoying cultural activities. "Seeing his gorgeous smile to me is a highlight, seeing him laughing and interacting.- Parent Feedback "The Full House t6*an7 musl b8 some of the loveliest, friendly, warm and talenfed people that you could wish to take the time foryourchild." Parent Feedba This year we furthered our ambitious Apples and Lollipops project working with children and families from Central Bedfordshire's Gypsy, Roma and Traveller community and with funding from The Ragdoll Foundation and Central Bedfordshire LA. We continued to build trust and break down barriers through the delivery of a variety of creative projeds. We were proud lo share the project with eight schools reaching 949 pupils through school assemblies and as part of a day of GRT Cultural celebration event at The Grove Theatre. Moving forward. we continue to nurture relationships, old and new. with this seklom heard community. .1 think that Ben and his team have (lone an amazing job, listening to the faMilS and planning excellent activities for the children to enjoy thefore helping to break down barriers between th GRT con7muniti8s and outside agencies which is paramount for the futur8.- GRT Early Years Practitioner. Central Beds In June, we performed our enchanting interaclNe show, By the Llght of the Moon at Half Moon Theatre in London and loured Buckinghamshire Libraries. We were delighted to add to the experience by following these perforManS with a free exciting craft session. We had a wonderful lime taking our heatharming show to new audiences of 528 children and their grown-ups. 'That was one of the n70St crgative. bn'lliant shows I have seen. Actors were fantastic, it was the perfect balanc8 of story and interactive involvement for the children. I'd lov8 to see morel. VVhizzFizzFesl Audien Feedback In partnership with Central Beds LA and DCMS we delivered an our inspiring, fun and accessible school holiday programme of arts activities for children in receipt of free school meals. The Creative Buzz programme has provided opportunities for 251 children to take part in arts activities including trips to the theatre and working with musicians, dancers and creative practitioners. Everyone attending is also provided with 8 hot healthy meal. This year began the delivery of the AMPED programme of youth activities for people aged 11-17 living or learning in Amplhill. in partnership with Ampthill Town Council. These sessions explored diverse and exciting creative workshops such 8s Stage Combat, Virtual Reality, Musical Theatre and Acting for Screen. The project offers young people the opportunity to get practical hands-on experience, build social connections and feel great about themselves and the place that they live. "He has been able to experien things that he h8sn't before and feel included with independence. AMPED Parent Feedback Houghton Regis Hullaballoo is a town-wide Outdoor Arts Festival which showcased a world class programme of work, including the work of Daryl & Co, Mimbre, Hikapee and Full House Associate Artist Ross Bolwell-williams. We hosted 1,711 attendees across four sites with workshops and performances throughout the day. "We popped up for an hour, five hou lat8r we are still here with our 6-year-old that doesn't want to go homel"_ Festival Attendee Page 4
Full House Theatre Report of the Trustees forthe year gnded 31 March 2024 Seasonal work in Luton was again a core part of our activity with performances of our magical Christmas show, Peler Pan and Me. This year we delivered ambitious audience development strategies induding a free programme of October Half Term workshops, the introduction of a brand-new and exciting audio experience called Tinkerbell's in Town. and Pirate Cove Creation Stslion filled with arts and crafts activities. 2234 people came lo watch the show with 1368 taking part in audience development activities. 'Peter Pan and Me is 8 delight. Full House have created a visually stunning and emotnallY moving pce.._ Rachael Donlan, The Culture Trust Luton. Our flagship children's arts festival FebFest bought live perf0mlan and participation experiences to children and faTnilies in Luton with a bumper festival programme which showcased some of the best theatre for young audiences, with record breaking attendance at events. 1749 people visited our free Imagination Station drop in space, 313 chiklren took part in workshops and 1131 people came lo watch a show. .1 love the fact that my child can access divers8 experienc8S 8t 8n affordable price near home. It is bnlliant this is available." Audience Feedback "The shows are always great, thank you for providing these events for familias~ Feedback Audience 2023124 was a year of reaching new and diverse communities, making inspiring perfom?nce work and building strong partnerships. The charity ends the year in a strong financial position and with activities and confirmed funding in place as we move in 2024125 with ambition and optimism. Page 5
Full House Theatre Report of the Trustees for the year ended 31 March 2024 Financlal Revlew on reserves The charity's reseNe policy is to have a reserves range of beleen £120,000 and £180,000, lo be held to cover the commitments of the office building and the wages of staff for up to six months and, if necessary, winding down the charity. The reserves held as at 31 March 2024 are £391,597, which indudes unrestricted general core free reserves of £182,167, of which £161,926 are net current assets and £20,241 are tangible fixed assets, including a company vehicle Imthin unrestricted funds, the trustees have designated funds of £165,00012022123 £185,000). These were set up by the trustees lo reflect futu fundraising initiatives. a Creative Playground talent development project and the replacement of the organisation's vehicle. No funds are in deficit as at 31 March 2024. The principal funders during the year are as follows-. Amplhill Town Council Arts Council England Bedfordshife and Luton Community Foundation Buckinghamshire County Council Central Bedfordshire Council BBC Children in Need Frank Branslon Charitable Trust Houghton Regis Town Council National Lottery Community Fund National Lottery Heritage Fund The Culture Trust Luton The Ragdoll Foundation The Shanley Foundation The Wixamlree Trust Youth Music Fund Declaration The trustees declare that they have approved the trustees. report above. Signed on behalf of the charity's trustees. Signature Is Full Name Isl Position Date Prof. Sally Mackey Chair 15 July 2024 Page 6
Independent Examiner's Report to the Trustees of Full House Theatre Independent Examlnefs Rgport to the Trustees of Full Housg Thealre I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are sel out on pages eight to fifteen. Re$ponsibilities and basls of report As the charity's trustees you are responsible for the preparation of the ac¢ounls in accordance with the requirements of the Charities Act 2011 I'the Act'i. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14Sl5llb} of the Act. Independent examlner's statement l confirm that l am qualified to undertake the examinab'on because l a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respectr accounting records were not kept in respect of the charity 8$ qUired 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 concerning the form and content of accounts set out in the Charities (Accounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examinalitsn. I have no concerns and have come across no other matters in conneckn.on with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. arah Buswell FCA Harris and Co IAccountant$l Limited Chartered Accountants 2 Pavilion Court 600 Pavilion Drive Northampton NN4 7SL Date.. Page 7
Full House Theatre statement of Financial Activities for the yeaTended 31 March 2024 12 months to March 2024 Restricted Totsl funds funds 14 months lo March 2023 Total funds Unrestricted funds Notes INCOME AND ENDOWMENTS FROM Charltable activities Delivering charitable activities Investment income Other income 244,540 11,980 37,165 200,044 444,584 11,980 368,469 2,049 36,524 Total 293,685 200,044 493.729 407,042 EXPENDITURE ON Charttable activitios Raising funds Charitable activities 30,147 160,559 30.147 428,941 56,283 413,270 268,382 Total 190,706 268,382 459,088 469,553 NET INCOMEI{EXPENDITUREI 102,979 {68.338) 34.641 162.511} Transfors between funds 64,945 Net movement in funds 38,034 13,3931 34,641 162,511) RECONCILIATION OF FUNDS Tolal funds brought forward 309,133 47,823 356,956 419,467 TOTAL FUNDS CARRIED FORWARD 347,167 44,430 391,597 356,956 The notes form part of these financial statements Page 8
Full House Theatre Balan¢e Sheet At 31 March 2024 March 2024 Total funds March 2023 Total funds Unrestricted Restricted funds funds Notes FIXED ASSETS Tangible assets 20,241 20,241 28,415 CURRENT ASSETS Debtors Cash at bank and in hand 10 37,062 299 542 10.851 47,913 336 872 48,269 318 580 336,604 48,181 384,785 366,849 CREDITORS Amounts falling due within one year 19.6781 (3,7511 113,429) 138.3081 NET CURRENT ASSETS 326,926 44,430 371,356 328,541 TOTAL ASSETS LESS CURRENT LIABILITIES 347,167 44.430 391,597 356.956 NET ASSETS 347,167 391,597 356,956 FUNDS Unrestricted funds- General Unrestricted - Designated Restricted funds 12 182,167 165,000 44,430 124,133 185,000 47,823 TOTAL FUNDS 391,597 356,956 The chanty Is èntilled toexefflpkn from auaitunderseclion 477 of the Companie$A¢t 20LK for the yearended 31 March 2024 The members ha¥6 not requir the tharity toobtain ¥n audit of itsfinanci¥l $tSlemen16 for th6 P6riOd eed 31 March 2024 In accordanWIth Section 476 of I¢an1&sA¢1 200$. Irust8esar2 reSpoltO for preparing ihe Trle$,An report and thefinanal statmènts in accord¢8 appliG4bklaw ano Uniled Klngdom A(tounbng Standards (Unitèd Kingdom Ger$IACcePted Accountg Pracbcel. The law applicab tocharrtie$ 16quires the truslees 10 ppare financial stents for&ach financkii yearwNch give a true and fAirviewof the slate of attsirs of 1chaty and ol the incoming reSQLK¢es arwj awlrcal)n of resou[of the charlty forthat period. In prgwaring the5efir•¢ial statements. trust8es are iequired lo.. ¥deGI suitabk ac¢ouniing and ih•n aPY them con$i$tendy', Ob$etve Ihe methods and prie$ in the Chafitses SORP 2019 IFRS 102).. maktrjudgemenisand esiun8ie$ that are rea$onabJè arK5 ptu¢enl'. Slate whether8ppll¢alYÈ accounbry stsndards have been foNTh¥ed. suèieclto any maial departure$ dÈ¢Sed and exrA8ind in thefin8n(ial stalemenLg'. oparèthe fand81 swt8m8nts on th¢UrJe¢er basis unless it is Inapwoprfate ID presume Ihalthè ¢haity W11 connue In operabon. Thetsustees artr iesponsiNe lor keepinp properaccoUntIQ r¥xrds thaidls¢lose with reasonaN¢ 4ra atany tmethe finaneAal poylllm of Ihecharity and en8ble them to ensure that thefinaniial statements with the ¢hariliesAct 2011, the ICh8niie$ (Accowts and Reportsl Regulaiions 2M8 and the proviSh)n$ of the truside¢tt. Thtsy are also responsiile for 5aleguardiny the assets clthe charity hence fu reaae 91ops lorthe prevention ¥nd delectK>n Df fr•ud and other irreguLgfilie$. The Iru$ts are rewn4blebr1hematenaTr and inlegrity ofthe tharity and finandal lTrformation included onihe thaTity's weble. Legislation in the Unld goveming the prep8fatn and disseminati offirmal ststefflents may dlffer from 18g15klK>n In oth*rjurisdiclk)ns Thefinan enLsw•reapsxoved by the Boaid ofTNslees on 1SJvly 2024 and Dll rfs behav ty.. Mackey I hair) -Trustee The notes fomi part of these finanaal ststements Page 9
Full House Theatre Notes lo the Financial Statements for the year ended 31 March 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The trustees believe that the charity can operate in the foreseeable and as such consider it appropriate to prepare the accounts on a going concem basis. Accounting conventlon During the previous period the Trustees agreed lo change the year end date to 31 March. As a result, these financial statements cover the 12 month period to 31 March 2024 with ¢omparatives for the previously reported 14 month period to 31 Mar¢h 2023. The financial statements of the charity have been prepared in accordance with 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 IFRS 1021 {effective 1 January 20151- (Charities SORP {FRS 102}I, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements have been prepared under the historical cost Gonvention and the presentation currency used in the accounts is pounds sterling. Cash flow statement The trustees have taken advantage of the exemption in Financial Reporting Standard No. 1 Irevisedl and the new Charities SORP (FRS1021 from including a cash flow statement in the financial statements on the grounds that the charitable company is small. Income All income is recogTrised in the Statement of Financial Activities On the charity has entitlemenl to the funds, il is probable that the income will be received and the amount can be measured reliably. Voluntary Income is received by way of grants, donations and gifts and is induded in full in the Statement of Financial Activities when receivable. Income is only deferred when the donor speeifies that the grant or donation must only be used in future accounting periods or the donor has imposed conditions which must be mel before the charity has unconditional entitlement. Expendlture 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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed lo particular headings they have been allocated to activities on a basis Consistent with the use of resources. Tangiblo fixed assets Depreciation is provided at the following annual rates in order to write off each asset over ils estimated useful life. Motor vehicles Leasehold improvements 200A on straight line basis 20% on straight line basis Taxation The charity is exempt from tax on ils charitable activities but has claimed Theatre Tax Relief on its theatrical production core expenditure, namely the costs of producing the production (including exceptional running costs) and closing the production. Fund atcountlng Unrestricted funds can be used in accordance with the Charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wthin the objects of the charity. Reslricb"ons arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the trustees, rep)rt. Page 10
Full House Theatre Nots8 to the Flnancial Ststsments - ¢ontinuad for tho year gnded 31 March 2024 STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2023 2023 Total funds Unrestricted Restricted nds funds Notes INCOME AND ENDOWMENTS FROM Charitable activities Delivering charitable activities 59,287 309.182 368,469 Investment income Other in¢ome 2,049 36,524 2.049 36.524 Total 97,860 309,182 407,042 EXPENDITURE ON Charitable actlvities Raising funds Charitable activities 56,283 94,673 56,283 413,270 318,597 Total 150,956 318,597 469,553 NET INCOMEIIEXPENDITURE) (53,0961 19,4151 162,5111 Transfers between funds 12 77,569 Net movement in funds 24,473 186,984) 162.5111 RECONCILIATION OF FUNDS Total funds brought forward 284,660 134,807 419,467 TOTAL FUNDS CARRIED FORWARD 309,133 47,823 356,956
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Full House Theatre Notes to tho Financial Statemonts - continued for the year ended 31 March 2024 INVESTMENT INCOME 2024 2023 Intewt receivable 11,980 2,049 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Venue fees Commissions Grants Earned income Education fees 12,130 15,000 293,938 26,920 4¢)4,826 19,354 8,274 444,584 2024 Deferred Income at 1 April 2023 Resources deferred in the year Amounts released from previous years Deferred Income at 31 March 2024 20,000 {20,000} At the balance sheet date the charity was not holding any funds received in advance. OTHER INCOME 2024 2023 Theatre tax relief Donations 36,621 544 37,165 25,941 NET INCOME FROM CHARITABLE ACTIVITIES Nel resources are staled after charging.. 31.3.24 31.3.23 Depreciation- owned assets Independent examiner's fees 8,174 6,161 470 490 Page 12
Full House Theatre Notes to the Financlal Statamants . continuod for the year ended 31 March 2024 STAFF COSTS 31.3.24 31.3.23 Wages and salaries Social Security costs Pension contributions 177,840 154,300 8,580 10,646 7,878 27,998 194,298 192,944 The average number of ernployees duriro the year was 6.312023- 4.4). TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration, other nefits or expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. TANGIBLE FIXED ASSETS Molor Vevicles Leasehold Improvements Total funds COST At 01 April 2023 Addits'ons 9,000 31,867 40,867 At 31 March 2024 9.000 31,867 40,867 DEPRECIATION At 01 April 2023 Charge for the period 5,700 1,800 6,752 6,374 12,452 8,174 At 31 March 2024 7,500 13,126 20 626 NET BOOK VALUE At 31 March 2024 1,500 18,741 20.241 At 31 March 2023 3.300 25.115 28,415 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors 13,031 34,882 5,488 42,781 48.269 Page 13
Full House Theatre Nots$ to the Financial Statèments - continued for the year ended 31 March 2024 11. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Other creditors 3,936 16,904 12. MOVEMENT IN FUNOS Net movement in funds Transfers bfjeen funds At 1.4.23 At 31.3.24 Unrestricted funds General fund Designated fund- creative playgrounds Designated fund - fundraising contingency Designated fund- vehicle replacement Designated fund- the worst princess 124.133 102,979 {44,945} 182,167 10,000 10.000 100,000 55,000 20,000 100,000 55.000 120,0001 309,133 102,979 {64,945} 347,167 Restricted funds Apples and Lollipops By The Light Of The Moon Creats've Playground Daryl 18,000 {2,3721 1,942 16.5171 1760> {9,6281 {1,942} 6,517 760 6,000 Doorstep Adventures Festivals Holiday Activities and Food Houghton Regis Art Town Participatory Projects Peter Pan and Me The King's Polar Bear The Power of Three The Worst Princess 12,874 19.744 121,1351 21,570 13,8581 12,482 124,0341 13,509) 851 62.742) 12,618) 21,135 121.570) 14,6611 112,4821 24,034 3.509 {8511 62,742 30,000 16,949 8,430 47,823 168.3381 64,945 44.430 TOTAL FUNDS 356,956 34,641 391.597 The UnstrICted fund includes designated funds of £165,00012022123.' £185,000). These were sel up by the trustees lo ref¢t future fvndraising initiatives, a Creative Playground talent development project and the replacement of the organisalion's vehicle. Page 14
Full House Theatro Notes to the Flnan¢ial Statements - contlnuod for tho year ended 31 March 2024 12. MOVEMENT IN FUNDS- continuod Net movement in funds, included in the above are as follows.. Incoming resources Resources Movement in expended funds Unrestrlcted funds General ftjnd 293,685 1190,706) 102,979 293.685 1190,7(A) 102,979 Restricted funds Apple and Lollipops By The Light OfThe Moon Creative Playground Daryl Doorstep Adventures Festivals Holiday Activities and Food Houghton Regis Art Town Participatory Projects Peter Pan and Me The King's Polar Bear The Power of Three The Worst Princess 8,051 14,106 110,4231 {12,164} 16,5171 {760) 138.9631 131,5151 117,2621 {24,053} 18.218} 137,9841 {3,5091 11491 (2,372} 1,942 {6,5171 17601 19,744 (21.1351 21.570 (3,8581 12,482 124,0341 (3,5091 851 62,742 58,707 10,380 38,832 20.195 20,700 13,950 1,000 14,123 200,044 (268,3821 {68,3381 TOTAL FUNDS 493 729 459 088 34,641 13. CHARITABLE INCORPORATION ORGANISATION Full House Theatre was registered as a charitable incorporated organisation in February 2016. Page 15
Full House Theatre Detailed Statement of Financlal A¢tivitie8 forthe year ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Investment income Interest retsivable 11,980 2,049 Charltable activltles Venue fees Commissions Grants Earned income Education fees 12,130 15.000 293,938 26,920 32,611 404,826 19,354 444,584 368.469 Other Incomg Other income 37,165 36,524 Total incomlng resources 493,729 407,042 EXPENDITURE Raising fund8 30,147 56.283 Charitable actlvitie$ Production costs Transport & touring costs Marketing expenses Performance fees Education costs Depreciation 103,966 23,840 45,896 47,340 62,026 1,800 89,110 21,802 31,239 42,213 47.798 2,100 284,868 234,262 Support costs Management Administrative expenses Accountancy Overheads Organisalional development Depreciation 65.823 6,017 33,971 31,888 6,374 78,124 5,858 32,056 58,909 4,061 144.073 179,008 Total resour¢es expended 459,088 469,553 Net {expenditureVincome 34,641 62,511 This page does not fom part of the statLrtory financial statèments Page 16