Company registration number: 10016205 Charity registration number: 1169406
Handmade Theatre
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2025
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Handmade Theatre
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 to 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 15 |
Handmade Theatre
Reference and Administrative Details
Trustees Helen Stevens Charlotte Aikens Ellen Hart Sean Myatt Andrew Sloan Tina Carter Charity Registration Number 1169406 Company Registration Number 10016205 Registered Office 4 Dunelm Drive, Calverton Nottingham Nottinghamshire NG14 6NN Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
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Handmade Theatre
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2025.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Helen Stevens Charlotte Aikens Ellen Hart Sean Myatt (appointed 2 October 2024) Andrew Sloan Tina Carter (appointed 18 July 2024)
Structure, governance and management
Nature of governing document
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association dated 18/02/2016. It has no share capital and the liability of each member in the event of winding-up is limited to £1.
Objectives and activities
Objects and aims
Charity’s objects are:
•To advance education for the public benefit by the promotion of the arts, in particular but not exclusively the art of drama.
•To work with communities, rural settings and underrepresented groups in a manner that is co-creative.
- •To lead the way, promoting sustainability within theatre and the arts.
•HandMade Theatre uses live performances, creative sessions and interactive experiences to bring joy to children and older adults in the community.
- •To support older people, particularly those living with dementia, in Nottinghamshire and surrounding areas;
•To relieve social isolation and promote wellbeing through participatory, inclusive theatre and creative engagement;
•To educate the public about dementia and the benefits of the arts in health and community care.
Objectives, strategies and activities
Working with local SEND schools. Working with adults with dementia and their carers. Working with festivals and family events to provide accessible theatre experiences for all. Working closely with community groups. Creating art works and exhibitions such as murals.
Public benefit
The public are able to access free public performances and events, community settings such as memory cafes and day centres are able to access high quality arts activities to help boost well-being and reduce isolation and lonliness. Schools are able to access high quality arts provision.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
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Handmade Theatre
Trustees' Report
Achievements and performance
Our main project during the accounting period was our work with adults with Dementia which expanded during the year to more than 12 care homes and community settings and recahed 100's of older people with dementia with arts sessions, music, craft activities and performances. This saw us working with 7 artists over Nottinghamshire.
We also successfully toured two shows, one large scale touring show called Tell Me A Story 2 which focused on the theme of wartime and evacuees and used puppetry and msuic to tell the story. This toured nationally to festivals and family events as well as to some of the above mentioned care homes.
The smaller scale show Puppet Petting Farm achieved great success across a rural touring scale and reached audiences predominantly in the south of the UK.
A Christmas exhibition also took place as a commission from the National Turst's Children's Country House, Sudbury Hall. This was a large scale exhibition invilving working with several schools and community grouos as well as staff and volunteers.
A large mural was researched and developed for Market harborough Museum, collaborating with local people and their community and focusing on 'Harborough at work' as the theme.
Financial review
We have made huge advancements this financial year in terms of securing regular funding and keeping the company thriving.
Policy on reserves
We are working on slowly building our reserves and are creating our reserves policy to reflect a commitment to this.
Principal risks and uncertainties
All funding is fragile at present and our work is predominantly funding pending except for touring which covers costs.
We will keep a close eye on budgets and spending with regular finance days built in to all bids to ensure this. The board are made aware of any risks and financial concerns when they arise.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Statement of Responsibilities
The trustees (who are also the directors of Handmade Theatre for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
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HaDdmade Theatre Trustees, Report Company law requires th¢ trustees to prepare financial statements for each financial year. Under company law the Inistees must not approve the financial statements unless they satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming reSoue5 and application of resources. including its income and expenditure. of the charitable company for that wio(L In preparing these finan¢ial select suitable acc4)unting poli¢ies and apply them consistentty" observe the methods and principles in the Clwities SOR. make judgements and estimates that are reasonable and prudenL stste whether applicable accounting standard4 comprising FRS 102 have been followe4 subject to any matertal departures disclosed and explained in the fmanc1 statements" and prepare the fmancial statements on the going concern basis unless it is inappropriate to PTesume that the charitable company will continue in business. The tsustees are responsible for keeping proFer accounting records that can disclose with reasonable accurdcy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also resnSIble for safeguarding the &8sets of the charitable company and hence for taking Teasonable steps for the prevention and detection of fraud and other iTregularities. The trustees are restK)nsible for the maintenance and integrity of the corporate and financial infonnation included on the charitable company's website. Legislation governing the preparation and dissemination of financial ststements may differ from legislation in other jurisdictions. The annual reix)rt was approved by the Itee$ of the chartty on .. Helen Stevens Trustee Page 4
Handmade Theatre
Independent Examiner's Report to the trustees of Handmade Theatre ('the Company')
Independent examiner’s report to the trustees of Handmade Theatre ('the Company')
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection 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.
...................................... ce John O'Brien MSc, FAIA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
15/10/2025 Date:.............................
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Handmade Theatre
Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Investment income Total income Expenditure on: Charitable activities 5 Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 |
Unrestricted funds £ - 72,484 - 72,484 (60,579) (60,579) 11,905 11,905 (293) 11,612 |
Restricted funds £ - 24,529 - 24,529 (47,734) (47,734) (23,205) (23,205) 23,205 - |
Total 2025 £ - 97,013 - 97,013 (108,313) (108,313) (11,300) (11,300) 22,912 11,612 |
Total 2024 £ 150 88,500 11 |
|---|---|---|---|---|
| 88,661 | ||||
| (94,339) | ||||
| (94,339) | ||||
| (5,678) | ||||
| (5,678) 28,590 |
||||
| 22,912 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 11.
The notes on pages 9 to 15 form an integral part of these financial statements. Page 6
Handmade Theatre
Statement of Financial Activities for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
These are the figures for the previous accounting period and are included for comparative purposes
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Investment income Total income Expenditure on: Charitable activities 5 Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 |
Unrestricted funds £ 150 48,160 11 48,321 (47,204) (47,204) 1,117 1,117 (1,410) (293) |
Restricted funds £ - 40,340 - 40,340 (47,135) (47,135) (6,795) (6,795) 30,000 23,205 |
Total 2024 £ 150 88,500 11 |
|---|---|---|---|
| 88,661 | |||
| (94,339) | |||
| (94,339) | |||
| (5,678) | |||
| (5,678) 28,590 |
|||
| 22,912 |
The notes on pages 9 to 15 form an integral part of these financial statements. Page 7
Handmade Theatre (Registration Dumber: 10016205) Balance Sheet as at 31 March 2025 2025 2024 Note Fixed assets Tangible assets 863 1,150 Current assets Stocks Debtors Cash at bank and in hand 25 18.464 7,408 13,964 13.989 25,972 Totsl ets less current IA%bilitie5 14,852 27,122 Creditors: Amounts falling due after more than one year io (3240) (4210) Net assets 11,612 22,912 Funds of the eharity: Restricted income funds Restricted funds 23205 Unrestricted income funds Unrestricted funds 11,612 (293 22,912 Total funds 11.612 For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and The directors acknowledge their resp)nsibilities for comptying with the requirements of the Act with respect to accounting records and the prepardtion of accounts. These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The financial statements on pages 6 to 15 were approved by the tnLStees, and authorised for issue on 5.QehiW and signed on their behalf by: H¢len Stevens Tslee The notes on pages 9 to 15 forni an integrdl part of these fjnancial ststements. Page 8
Handmade Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements 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 (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Handmade Theatre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
Exemption from preparing a cash flow statement
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the financial statements.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
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 by the charity 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 these conditions will be fulfilled in the reporting period.
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Handmade Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £3891 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: 25% reducing balance.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
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Handmade Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
2 Income from donations and legacies
| 2 Income from donations and legacies |
||
|---|---|---|
| Donations and legacies; Donations from individuals |
Total 2025 £ - - |
Total 2024 £ 150 |
| 150 |
3 Income from charitable activities
| Grants & donations Services Sundry income Theatre Tax relief 4 Grants & donations National Lottery Community Fund |
Unrestricted funds General £ - 64,800 283 7,401 72,484 |
Restricted funds £ 24,529 - - - 24,529 Unrestricted funds £ - - |
Total 2025 £ 24,529 64,800 283 7,401 97,013 Restricted funds £ 24,529 24,529 |
Total 2024 £ 40,340 46,569 17 1,574 |
|---|---|---|---|---|
| 88,500 | ||||
| Total £ 24,529 |
||||
| 24,529 |
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Handmade Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
5 Expenditure on charitable activities
| Legal & professional Advertising costs Artist fee IT cost Insurance Travel Materials Membership & subscription Postage, printing & stationary General office cost Parking Raising funds Research Storage space cost Supplies Training Sundry expense Depreciation Loss on disposal of fixed asset |
Unrestricted funds General £ 1,023 194 40,079 178 1,269 6,741 7,310 70 116 511 219 61 60 2,150 183 - 128 287 - 60,579 |
Restricted funds £ - - 44,301 - - 216 1,474 - - - - - - 1,500 - 243 - - - 47,734 |
Total 2025 £ 1,023 194 84,380 178 1,269 6,957 8,784 70 116 511 219 61 60 3,650 183 243 128 287 - 108,313 |
Total 2024 £ - 2,383 78,750 - 995 5,969 - 334 - 3,728 - - - - - - 1,485 462 233 |
|---|---|---|---|---|
| 94,339 |
6 Tangible fixed assets
| 6 Tangible fixed assets |
||
|---|---|---|
| Cost At 1 April 2024 At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value |
Furniture and equipment £ 3,891 3,891 2,741 287 3,028 |
Total £ 3,891 |
| 3,891 | ||
| 2,741 287 |
||
| 3,028 | ||
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Handmade Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
| At 31 March 2025 At 31 March 2024 7 Stock Other stock 8 Debtors Prepayments Accrued income 9 Cash and cash equivalents Cash at bank |
Furniture and equipment £ 863 1,150 2025 £ 25 2025 £ - - - 2025 £ 13,964 |
Furniture and equipment £ 863 1,150 2025 £ 25 2025 £ - - - 2025 £ 13,964 |
Total £ 863 1,150 2024 £ 100 |
|
|---|---|---|---|---|
| 1,150 | ||||
| 2025 £ 25 2025 £ - - - 2025 £ 13,964 |
||||
| 2024 £ 44 18,420 |
||||
| 18,464 | ||||
| 2024 £ 7,408 |
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Handmade Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
10 Creditors: amounts falling due after one year
| Other loans Other creditors 11 Funds Unrestricted funds General General Fund Restricted funds Tell Me a story Dementia Homes Total restricted funds Total funds Unrestricted funds General General Fund Restricted Tell Me a story Dementia Homes Total restricted funds Total funds |
2025 £ 2024 £ 2,400 2,910 840 1,300 3,240 4,210 Balance at 1 April 2024 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 March 2025 £ (293) 72,484 (60,579) - 11,612 21,705 24,529 (47,734) 1,500 - 1,500 - - (1,500) - 23,205 24,529 (47,734) - - 22,912 97,013 (108,313) - 11,612 Balance at 1 April 2023 £ Incoming resources £ Resources expended £ Balance at 31 March 2024 £ (1,410) 48,321 (47,204) (293) 30,000 36,840 (45,135) 21,705 - 3,500 (2,000) 1,500 30,000 40,340 (47,135) 23,205 28,590 88,661 (94,339) 22,912 |
2024 £ 2,910 1,300 |
|
|---|---|---|---|
| 4,210 | |||
| Balance at 31 March 2025 £ 11,612 - - |
|||
| - | |||
| 11,612 | |||
| 23,205 | |||
| 22,912 |
The specific purposes for which the funds are to be applied are as follows:
National Lottery Community Fund (Tell Me A story) is dedicated to all costs related to delivering sessions and performances for those with dementia in care homes and community settings. This also contributes to core costs.
The transfer from Dementia Homes to Tell me a story is to reflect a rework in the restricted activities.
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Handmade Theatre
Notes to the Financial Statements for the Year Ended 31 March 2025
12 Analysis of net assets between funds
Unrestricted
| Tangible fixed assets Current assets Creditors over 1 year Total net assets Tangible fixed assets Current assets Creditors over 1 year Total net assets |
Unrestricted General £ 1,150 2,767 (4,210) (293) |
General £ 863 13,989 (3,240) 11,612 Restricted £ - 23,205 - 23,205 |
2025 Total funds £ 863 13,989 (3,240) |
|---|---|---|---|
| 11,612 | |||
| 2024 Total funds £ 1,150 25,972 (4,210) |
|||
| 22,912 |
13 Analysis of net funds
14 Fees payable to independent examiner
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
| Independent examination | 2025 £ 700 700 |
2024 £ 996 |
|---|---|---|
| 996 |
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