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
Page 1
## **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.
Page 2
## **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.
Page 3
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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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:.............................
Page 5
## **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.
Page 9
## **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.
Page 10
## **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|
Page 11
## **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|
||||
Page 12
## **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|
Page 13
## **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.
Page 14
## **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|
Page 15