HONITON COMMUNITY THEATRE COMPANY
REPORT AND FINANCIAL STATEMENTS
For the year ending 31 March 2024
Charity Number: 1185903

HONITON COMMUNITY THEATRE COMPANY
ANNUAL REPORT AND FINANCIAL STATEMENTS
For the
ear endin
31 March 2024
Contents
Page
Trustees Report
Independent examiners report
Statement of Financial Activities
(including Income and Expenditure account)
Balance Sheet
Notes to the Financial Statements
10-15

HONITON COMMUNITY THEATRE COMPANY
A Charitable Incorporated Organisation
Trustees Annual Report
For the year ending 31 March 2024
The Trustees for Honiton Communty Theatre Company have pleasure in presenting
their annual reportand financial statements of the charity forthe yearending 31 March
2024.
Reference and admlnistrative details of the charity. Its trustees and advlsors
Chartty Name
Honiton Communty Theatre Company
Registered Charity
Number
1185903
Registered Office and
0￿ratIOn address
10 Riverside Close
Honiton
Devon
EX14 1XJ
Truste8S'.
Sally Cregan
Jo Hutter
Katie Haywood
Karen Wilson
Danny Beaven
Tina Paveley
Kalhy Tomlinson
Steve Miller
Jake Bonetta
{Resigned 0711112023}
Larissa White
(Resigned 0110412023}
Rochelle Anderson (Appointed 2210712023)
Susannah Gahan
{Appointed 2210712023)
Lucy Wlliams
(Appointed 2210712023)
(Resigned 01104120231
(Resigned 2810312024)
Independent
Examiner
Geraldine Coates ACPA
Robson House, Chapel Street,
Honiton, Devon, EX14 1EU
Bankers
Barclays Bank
Leicester
LE87 2BB
Email..
Webstte..
info
honilontheatre.co.uk
htt '.Ilwww.honilontheatre.co.uk

HONITON COMMUNITY THEATRE COMPANY
A Charitable Incorporated Organisation
Trustees Report
For the year ending 31 March 2024
Structure, governance and management
Governin
documents
The organisation is a Charitable Incorporated Organisation, incorporated on the 21
October 2019. The charity was established under a Foundation Model Constitution
which establishes the objectives and powers of the charitable incorporated
organisation and is governed under its Constitution.
ointment of Trust*s
Apart from the first charity trustees, every trustee must be appointed for a temi of three
years by a resolution passed at a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must
have regard to the skills, knowledge and experience needed for the effective
administration of the CIO.
anisation
The Trustees meet quarterly to discuss and deal with the administration of the charity
encompassing the strategic vision, financial accountability and risk management.
The operational management of the organisation is undertaken by a sub-committee
on a monthly basis who report back to the Board of Trustees, who review and endorse
the strategic plan.
Risk Mana
ement
The Trustees have conducted a review of the major risks to which the charity is
exposed and systems have been established to mitigate those expenses. These
include the implementation of procedures for authorisation of all transactions and
projects and for ensuring the consistent quality of the delivery of all operational aspects
of the charitable organisation. These prO￿dureS are periodically reviewed to ensure
that they will still meet the needs of the ch8rity.
Financial Review
The results for the year and the charity's financial position at the end of the year are
shown on the attached financial statements.
During the year ending 31 March 2024, the Charity had income of £20,103 and
expenditure of £20,670. There was a deficit of £567.00..

HONITON COMMUNITY THEATRE COMPANY
A Charitable Incorporated Organisation
Trustees Report
For the year ending 31 March 2024
The Charity undertook the following activities during the period..
Performed a youth production of Disney's High School Musical in August
2023
Performed a production of Out Of Focus in November 2023
Performed a pantomime.. Robin Hood in February 2024
Performed at several community events including Honiton Charter Day,
Honiton Primary School Fete and further promoted our productions through
group singing at Honiton Tesco.
Reserves
olic
The trustees have a strategy to continue to build reserves through planned operating
surpluses.
Flnancial Revlew
The Trustees have had due regard to the Charity Commission's guidance on public benefrt
when reviewing the charity's objectives and planning its future activities. This report will aim
to demonstrate the link between our charitable activily and how this beneffts our seNice users.
Objectives and activlti08
To advanGe, improve, develop and maintain public education in, and appreciation of the art of
drama, and performing artists by any means the Trustees see frt, including through the
presentation of public perfomances. Thi$ continues to be the Charity's objective.
Over the past year, the effects ofthe pandemic linger. Audiences and support for our
Charity have not returned to pre covid levels despite Covid becoming a part of life now.
We have however, maintained a strong base of Trustees despite some attrition with
two new co-treasurers gradually picking up the baton Irom our long standing treasurer
with the delay due in no small part to Barclays policies and procedures. Our long
standing chair stepped down and her successor quickly stepped forward ready with
some ideas such as fundraising for the future. The subdivision of duties put in pla￿ in
the previous year has resulted in the Trustees. workload remaining sustainable with
greater clarity of indÈvidual duties.
Cont'ld....

HONITON COMMUNITY THEATRE COMPANY
A Charitable Incorporated Organisation
Trustees Report
For the year ending 31 March 2024
Objectives and activities cont'dl...
We have maintained our usual programme of three productions through the period,
commencing with High School Musical in August 2023. We had not been in a position
to perfonr a youth production since before the pandemic and we were pleased to at
last able to offer our youth section the opportunity to take part in a popular Disney
musical. I￿lIst this sold well, and was extremely popular, the associated costs wer8
high an due to this, it was never predicted to be a big earner, with a modest loss being
the ultimate result.
In November 2024, we staged a production with an adult cast of the comedy drama
play, Out of Focus. Audience numbers were low, however, the cost of the production
were also.
We finished the year with Robin Hood, a pantomime in February 2024. Pantomime
remains popular in Honiton and with high ticket sales and modes associated costs, the
production was financial successful and served to help to offset the Gostlier
productions of the year. Josie Shepwood took directing this pantomime and gave it
fast paced and fun feel that was not far off a sellout. Josie has appeared in many
previous Honiton Pantomimes often in a leading role.
Plan8 for tho future
An adult company musical was Considered for the Summer 2024 slot with the plan
being for Calendar Girls,. however, with the licence for this suddenly withdrawn, a
rethink was need. Sister Act was the preferred choice to fit best with our potential cast
of the company and to achieve a balance be￿een sufficient cast members and an
adult production, itwas decided thatthe showwould be open to members aged 14plus.
Tracey Bonetta came foward wth a youth production of Alice in Wonderland planned
for the OctoberlNovember half term slot, and we hope for a further pantomime for
February 2025.
INhilst all the productions that took place in the period were well received, we continue
to face a number of challenges including audience levels., costume and crew support
and the stability of Dur perfOrrnan￿ home, The Beehive complex.
Cont'dl...

HONITON COMMUNITY THEATRE COMPANY
A Charitable Incorporated OryanS8ation
Truste88 Report
For the year ending 31 March 2024
Objèctlveg and actlvities convdl...
We have started to focus discussions on greater fund raising activities in future through
possible framework of moving to 2 productions in a year instead of 3 to allow fortime
to be freed up to put such fundraising in place. This could be through a combination
of company arranged fund raising events and that of employing a professional fund
raiser with the skills and experien￿ to apply for fundinglgrants. Also, we plan to give
a greater consideration to holding more social events for membefslpublic in a bid to
increase cohesion and attract greater support for the company.
Statoment of Tru8tse Re8pon8ibiliti88
The trustees are responsible for preparing the Tru8te85' Annual Report and the Financlal
Statem8nts in accordance with applicable law and United Kingdom Accounting Standard8
(United Kingdom Generally Accepted A¢Gounting Practlcel.

HONITON COMMUNITY THEATRE COMPANY
A Charitable Incorporated Organisation
Trustees Annual Report
For the year ending 31 March 2024
Charity Law requires the Truste8S to prepare financial stat8ments for each financial
period which gives a view of the state of affairs of the charitable incorporated
organisation and of incoming resources and application of reSoUr￿s, including the
income and expenditure of the charitable incorporated organisation for that period
In preparing those financial slatements, the Trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charity SORP.,
make judgements and estimat8s thal are reasonable and prud6nt',
state whether appllcable accounting stalements have been followed,
subject to any material departures disclosed and explained in the financial
statements;
prepare the financial statements on the going con￿rn basis unless it is
inappropriate to presurr',e that the charity will continue in operation
The Trustees are responsible for keeping accounting re-Ards that disclose wilh
reasonable accuracy at ariy tim8 the financi81 position of tlie charitable incorporated
organisation and enable them lo ensure that the financial staiemenls cornply with the
Charities Act 2011. Th8y are alsn rc#sponsible for safeguarding the assets of the
charitable incorporated organisation and hence for taking re8sonabl8 steps for the
prevention and detection of fraud and other irregularities.
Approved by the Board on
ar.d signed on their bE:half by-
JqJ24
Sally Cregan (Chairperson j

HONITON COMMUNITY THEATRE COMPANY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
For the
ear endin
31 March 2024
I report on the financial ststements of Honiton Community Theatre Company for the
year ending 31 March 2024, which are set out on pages 8 to 15.
Respective re8pon8ibilitie8 of trustees and examinor
The Charty's Trustees are responsible for the preparation of the accounts. The
Charity's Trustees considerthat an audit is not required for this year under section 144
of the Charities Act 2011 1"the Charities Act) and that an independent examination is
needed.
Having satisfied myself that the charity is not subject to audit under company law and
is eligible for independent examination, it is my responsibility to:
examine the accounts under section 145 of the Charities Act.
to follow the procedures laid down in the general Directions given by the
Charity Commission (under section 145(5)Ib) of the Charities Act). and
to state whether particular matters have come to my attention
Ba818 of Indapend6nt oxamlneV8 8tatement
My examination was carried out in accordance with general Directions given by the
Charity Commission. An examination includes a review of the accounting records kept
by the charity and a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the accounts, and
seeking 8xplanations from the trustees concerning any such matters. The procedures
Liridertaken do not provide all evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts present a "true and fair
view" and the report is limited to those matters set out in the statement below.
Independent examlner's statement
In connection with my examination, no materi81 matters have come to my attention
which gives me cause to believe that in, any material respect..
the accounting records were not kept In accordance with section 130 of the
Charities Act., or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements con￿mIng
the form and content of accounts set out in the Charities (Accounts and
Report) Regulations 2008 other than any requirement that the accounts give
a Yrue and fair" view which is not a matter considered as part of an
independent examination.

HONITON COMMUNITY THEATRE COMPANY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
For the
ear endin
31 MarGh 2024
I 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.
Geraldine Coates ACPA
Robson House
Chapel Street
Honiton
Devon
EX14 1EU
4 September 2024

HONITON COMMUNITY THEATRE COMPANY
STATEMENT OF FINANCIAL ACTIVITES
For the
ear endin
31 March 2024
Notes
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
Income from:
Charitable Activities
Donations
Membership
Other Trading Income
Sundry Income
Interest Income
Total Incomg
29,987
611
2.593
1,070
738
236
35,235
29,987
611
2,593
1,070
738
236
35,235
22,638
853
2,292
10
408
39
26,890
nditurfr on:
Raising Funds
11
Operation of the Charty 12
26.868
26,868
25,649
32,195
32,195
29,825
Net Incom￿(9xpendItUrèl
3.040
{2,9351
The Statement of Financi81 Activities includes all gains and losses reujgnised in the year. All income
and expenditure derived from contsnuing acb'vilies.
The notes on pages 10 to 15 fomi an integral part of the accounts.

HONITON COMMUNITY THEATRE COMPANY
Charity Number: 1185903
BALANCE SHEET
As at 31 March 2024
Total
2024
Total
2023
Notes
Flx•d ••
Tangible As¥ets
13
15,589
14,696
Cu
Debtors
Cash at Bank & In
Hand
2,076
2.231
25,456
24,200
Cr•dltov•: amounts
falling due within one
year
Not Curr•nt A•••ts
Total •M•t• IM• curront Ilabllltl••
39,001
38,094
Unr8stricled income funds
ReslrsGled Incomg funds
Yot*l Fund•
39,001
36,094
39.001
36,094
The note6 on pago8 10 to 15 forrn an Integr81 part of th¢80 accounts.
The6e flnanclal ststements weie approved by the Board on..
And are $lgned on Its behalf by..
Sally Cregan
Chairperson
10

HONITON COMMUNITY THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
For the
ear endin
31 March 2024
Accounting Polictes
The principal accounting policies adopted, judgement5 and key sources of
estimation uncertainty in the preparation of the financial statements are as
follows:
Basis of accounting
2.1 Basis of preparation
These accounts have been prepared under the historical cost convention
with items recognised at cost or transaction value unless otherwise stated
in the relevant note(5) to these accounts.
The accounts have been prepared in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to
charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}
(effective 1 January 2015) Charities SORP IFRS 102), the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
and the Charities Act 2011.
Honiton Community Theatre Company CIO meets the definFtion of a public
benefft entity under FRS 102.
2.2 Preparation of tho accounts on a going concern basis
The charity reported total unrestricted funds at the year end of £39,001. The
Trustees are of the view that the immediate future of the charity for the next
12 to 18 months is secure and that on this basis the charity is a going
concern.
Income
Recognltion of Income
Income is recognised when the charity has entitlement to the reSoUr￿s, any
performan￿ conditions attached to the item(s) of income have been met, it
is more likely than not that the resources will be received and the monetary
value can be measured with sufficient reliability.
3.2 Offsetting
There has been no offsetting of assets and liabilities. or income and
expenses, unless required or permitted by FRS102 SORP or FRS102.

HONITON COMMUNITY THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 March 2024
3.3 Grants and donations
Income from government and other grants, whether 'capitsl' grants or
'revenue' grants. is recognised when the charity has entitlement to the
funds, any perf0rrnan￿ conditions attached to the grants have been met, it
is probable that the income will be re￿$Ve￿ and the amount can be
measured reliably and is not deferred.
Income received In advance of the provision of a specified seNice is
deferred until the criteria of income recognition are met.
3.4 Voluntser help
The value of volunteer help received is not included in the accounts.
3.5 Inter08t r•colvable
Interest on funds held on deposit is included when receivable and the
amount can be measured reliably by the charity,. this 18 normally upon
notification of the interest paid or payable by the bank.
3.6 Fund accountlng
Unrestricted funds are available to spend on activities that further any of the
purposes of the charty. Designated funds are unrestricted funds of the
charity which the trustees have decided at their discretion to set aside to
use for a specific purpose. Restricted funds are donations which the donor
has specified are to be solely used for particular areas of the Gharity's work
or for specific projects being undertaken by the charity.
Expendituro and liabiliti08
Llability recognitlon
Liabilities are recognised when it is more likely than not that there is a legal
or constructive obligation committing the charity to pay out resources and
the amount of the obligation can be measured with reasonable certainty.
Charitable activitlO8
Expenditure on charitable activities includes the costs of work and other
activities undertaken to further the purposes of the charity and their
associated support costs.
12

HONITON COMMUNITY THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
For the
ear endin
31 March 2024
Irrgcoverable VAT
Irrecoverable VAT is charged as a cost against the activity for which the
expenditure was incurred.
Creditor8
The Charity has creditors which are measured at settlement amounts less
any trade discounts.
6 A88ets
5.1 Tanglble flxed a890ts for uso by tho charfty
Individual fixed assets costing £250 or more are capttslised at cost (unless
deemed to be an improvement to an asset) and are depreciated over their
estimated useful lives on a straight line basis.
Equipment
Containers
Straight line @ 10%
Straight line @ 5%
13

HONITON COMMUNITY THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
For the
ear endin
31 March 2024
Anatysls of Income
Unrestricted
Funds
Total
2024
Totsl
2023
6 Charltsble A¢tivitle8
Fundraising
Performance Draws
Sale of DVDS
Sale of Photographs
Sale of Proyrammes
Sale of T-shirts
On Tour Receipts
Ticket Sales
956
649
210
956
649
210
335
90
685
550
213
882
1,403
264
882
1,403
264
29,987
29,987
22,638
7 DOna￿On8
Batter5thorne Trust
Other Donations
500
353
853
611
611
611
611
mom￿rnhIP
On stsge subsGriplions
SUb￿riptIOns
1,592
1,592
1,164
2,593
2,593
2,292
9 Other Tradlng Income
Advertising Income
Sale of Costumes
820
250
1,070
820
250
1,070
610
10 Sundry Income
Panto Meal
Miscellaneous Income
974
974
974
974
447
447
The total income re￿iVed by the Charity wa$ £35,235 which includes interest income of £236.00.
14

HONITON COMMUNITY THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
For the
ear endin
31 March 2024
Analys1• of •xp•ndllure on chorlt•blo actlvltlos
Unrestricted
Fund$
Total
2024
Total
2023
11.
Raising Funds
Advertising & Promotion
Band
Beehfve Rent81
Performances
Rehearsa18
663
4.145
1,092
7,736
4.145
4,702
4,010
4,702
4,010
1,830
4.071
Cub& Hire
DVDIVideo Purchases
FundTaising Expenses
Llghting
Make Up
Perfomlng Rlghts Fges
Programmes & TSckel$
Props
Purcha88 of T-Shirt8
Scenery ¢osts
Scripts & Fee8
Sound
Sundry Expendilurn
Venue Hire
W8rdrob6
110
300
978
65
72
1,026
89
1,443
3,063
4,869
597
30
120
110
300
978
1,163
99
130
780
304
550
318
4,254
168
72
1,026
69
1,443
3,C83
4,869
597
30
120
2,774
378
25,649
26,868
26,868
12.
OFeration of the Charity
Depreciatlon
Insurance
Miscellaneou8 Expenses
NODA
Office Expenses & Postage
40th Gala Expenses
Refreshments
CharitylSponsor8hip
Piofessional Fees
Wobsite Costs
1.684
508
994
215
101
750
1.684
506
994
215
101
750
1,619
496
600
183
286
690
100
65
157
4,176
200
200
877
5,327
5.327
The lolal expendi￿re for the period ending 31 mS￿h 2024 was £32,195.
15

HONITON COMMUNITY THEATRE COMPANY
NOTES TO THE FINANCIAL STATEMENTS
For the
ear endin
31 March 2024
13 Tanglbl• Flxod Assets
Equlpment
Contalnern
Total
Co•t
Opening Balan¢e8
Addib'ons
Disposals
B•l•n¢• carrl•d foNaTd
12,911
2,557
7,000
19,911
2,557
1S,468
7,000
22A68
Depr•clatlon
Bas18
Rate
SL
1a%
SL
5°h
Balance brought fO￿ard
Depre¢i*lon charge for year
DIspo8als
Balanc• carrl•d f¢rw•rd
4,060
1,392
1,155
292
5,215
1,684
5,462
1,447
6,899
Not Book Valueo
10,010
5,5S3
15,569
16