mailes Goldie
CHAR T£k£D ACCOUNT ANTS
REGISTERED NUMBER:09921306
REGISTERED CHARITY NUMBER: 1188756
Middle Child Theatre Limited
Unaudited Financial Statements
31 March 2024
*OIMIBHFPN'
0411212024
CC*APANIES FV)USE
A15
#251
St>(r2161W1*
*LEW
CMMTERÉD
ACCOU14TAMTS

Middle Child Theatre Limited
Contents of the Financial Statements
for the year ended 31st March 2024
Report of the Trustees
Independent Examinerfs R•port
Statement of Financial Activities
10
Balance Sheèt
11 10 12
Cash Flow Statemenl
13
Notes to the Cash Flow Ststement
14
Notes to the Financial Statements
15 10 21

Middle Child Theatre Limited
Report of the Trustees
for tho yoar &nded 31st March 2024
The Iruslees who are also directors of the charity for the pur[￿se5 of the CompanEs Act 2006, present their
report with the financial slalemen15 of the charity the year er￿ed 31st March 2024. The trustees have
adopted the provisions ol A￿AInts"n9 and Reporting by Charib"es." Statement of Recommended Pracbce
applicable to charits'es preparing their accounts in acCOrda￿eW1th the Financ7al Rwting StaThJard applicable
in the UK and Republic ol Irdand {FRS 102) leffecbve 1 January 2019}.
08JECTIVES ANO ACTIVITIES
Objectives and airns
Middle ChikJ'5 purpose as set out in the company's artides of a550oyation rs-
To acjvance the arts for the public benefit by the pr¢JI￿￿n in part*)Jlar, tmrt not exdusively, of the art of
dram8.'
The aclivilie5 aTrJ objectives that Ihe charity set annualy C￿tre on this pur￿Se arKI are guKl&J by its v￿10￿.
Mission. Strategy. Values and midd￿ Child s￿e.
Vi5i0n
A vision frA a fair and wilable v￿rkI kn anyone's St￿ can be leld and heard.
Mission
To tell untold stories which Captu￿ the electrilw'ng mtrnwl ￿ert the beat drops. mixing Mginal live music
wsth bold new writing. Mi(Jdle Chsld evenls afe live and bud. making sense of the m(Klem ￿d. The company
15 committed to breaking d￿n barriers and enyjring that theatre is affordable and aC￿si￿e to all. Middle
Child will sel fi￿ lo your imagination of what a night at Iheatre can be.
Strategy
Audiences: Middle chi￿ create theatre that ￿r￿J$ peO￿e together for a gtr)d nityit out %￿lh bwJ ideas.
Artists.. Middle Child invest lime. money aTrJ resowce in Ihe urKler-￿presenIed vwes to contribute
the crealth of a rn(￿e ￿UlIable irKlusty.
Valu0$
A Hull-based company, which is vrtsl lo the wtyk. stories and entire ethos
Put Hull artists at the heart of the ueats.ve pr￿$$. giowth and stxxesses
Prioritise the wdl-being of the peop￿ the o)mpary *￿rkS wrth and damaging behaviou
and habits Mthin the industry
Endeavwr for the work lo be affOrda￿e arKI accesyble to all
Lead wth a￿th￿￿c1ty. transparency and (1)en￿SS al Éwery thl of Ihe organisati
Committed lo creating greater equity in who makes ar￿ enjoys theatre
Detemined lo increase the Ofart￿ and aLxlierKe5 in Hull
Middle Child Artistic Style
81urs the lines between gigs. slaThJ up. Ih2atTe and a ntqht out wilh a focus on breaking d¢MI
barriers:
Tells stories that are new, Northem and refiect the th'vergty of the United lQngdom'.
Prioritises 'lNeness'. remaining resrthsNe ar￿ reactive lo each audience.
8dieve wrxks best as a social ev￿[ wiiti a reason to come earfy or stay18te.
Page 1

Middle Child Theatre Limited
Report of the Trustees
for the year ended 31st M•rch 2024
OBJECTIVES AND ACTIVlnES
Significant activities in the year
Progress in the face of extemal Ch￿lenge$
The year 202312024 marked Middle Child's sixth year as an Arts CcyJncifs NatiC￿81 Porrfolio Organisation. 11
has been our most ambilic4Js year to date in.lerms of Ihe xale of our work, the wide reach of our programme
and key changes lo c*Jr staffiThJ str￿tures. Despite industry-wide challenges relab.ng lo ongoing recovery from
the pandemic and the nation81 cost of livir•J Cris's, il has been a year full of sL￿esSes on and off4tage,
induding me8niTh3ful progress towards our vision and an ev(Aulirm of our dynamic and ftexible producin9
mcrtlel.
We relurned to ind(￿[ louring for the first time since before the pandemic- i￿L*￿ing a he8¢Jline run al the 2021
London The3￿ of Year. The lfjln. produced our besl-selling panto yet- reaching 95% capaaly, exceeded
our fundraising target by 17¥0 and saw our I￿￿uSe t￿atre library reach ifs hNJhest numbers yel. Our artist
development programme. Reverb, also continl￿￿ to make great impact in our home city and we secured
signilic8nl new investment towrdrds the launch of our playwnliry fe51i¥al. F￿$h Ink. which will launth in
2024125. We also laurKhe¢J a r7ew part ofour pr(yJramme enb.tled Play and a Plate which t(x)k live play readings
into community settings while offering free in aCkmw￿d9men{ of rising l￿d povety in our area. Middle
Child wefe also embedded within communities in the aty on a larger scale than ever before. spending a full-
year immefsed in Hull's Gipsyville area before crealing a 5hryw with and lor residents. partnering with The
Warren and Comic Relief to co-ue8le Th￿ Minute Morwjogues based on the words of kx*l young people.
and wtyk'ng wlh W To ()Jrs on an Eastw tour of w panlo to fwr ornunity spxes.
Key challenges remain as audiences are sk)w lo ￿tuM lo Iwe theat￿ fdkywing the pandemic, with Hull in
particular feeling this pressu￿ across the secl¢y_ This was also feli heawly durin9 the louring leg of Modest
with audiences Slight￿ below wr expecialions at mosl venues. There is a knoo*-on effect on the guarantees
receiwng venues are able to offef. meaning touring leds more chal￿￿J1ng than ever for companies of our
size. This was miligaled in 2023124 ty 8 planned release of some of our Dynamism fu￿1. enabling us lo
pr(xJuce arKI lour Modest in line with wr ambili¢)ns the ￿￿e. Ihwgh we must ￿cOgnise that this model is
not sustainable aTh1 will nee(1 lo be rethought or additional funding secured lo continue in fulLtre. Middle Child
are engaged inwider industry conversations and adviuw around this t0￿c. and hope that sustainable change
will be seen in the coming years alongstde an improvement n audience confidenc* and 8ttendan¢e post-
pandemic.
Accgss and AudienGos
Middle Child eyist to inuease xcess lo creatir¥J live tstre, and do this in ways a￿rosS our programme..
Change how people access live performance..
Pay what you deade and solidarity ticket offers are made available kncally so that people who
wouldn't be aNe to attend live theatre can attend pr¢)ducbons.
Working with I(￿1 community groups lo a walkn.ng bus- a ￿31 and supported way fcf those
Ihoul transp￿110 attend prcrfj￿tIons.
Offering regular British SKJn Language arnl alKI￿ described perf￿nanceS.
Providing free lickel offers to targeted community group5.
Pr8cliung cultural demo(¥acy by ￿Ul3￿Y ayting the o)mmunity wtst they want to see, inviting
audiences lo vole for eath yearfs panto bue ar*J gr¥uig th81 people the c*w¢e to Co-design the
programme.
FknslirvJ Imagine the Futu￿ ffXUS 9fLXJPS. inviting fvedancers aThJ a￿lenCeS to ￿-des￿ft the
fulure of the industry and. consequenuy, our programrne.
Taking hgh-quality theatre lo peo￿e'S dcKJrsteps alongsvje par1ners su¢h as Absolutely Cultured
and Back To Ours.
Change how people access devdowipmt and employM￿t Op[*yi￿lIIes, lo widen can pursue
a career in the arts".
Page 2

Middle Child Theatre Limited
Report of the Trustees
for the year ended 31st March 2024
OBJECTIVES AND ACTIVITIES
Offeri￿ flexible workirvJ to 5UPPOrt wcYk4ife balance and staff wellbwrvJ.
Implementing the four-day wothirKJ week to ￿pport wcwk-lrfe balan(*. staff wellbeing and reduce
utility costs.
A Parents in the Perfclming Arts {PIPA} Charter Partner. ￿n￿ementing family-frierKlly working
poI￿leS.
Ensurir¥J development (X)wrtUn￿.es a￿ free (* offer paitj to remove financAal barriers lo access.
Completiro essential training wilh Core leam aThJ lo￿1 fredancers. wh)m the companls work
depwhY5 On.
Ensurir¥J c￿r building is fulty ac￿sIble Mlh lift and a(xessible toilet and entrance ramp.
Taking our development pryramme into community Spa￿5, such as throJgh our year4ong
embedded work in the Gip5yville comrnunty or our t(yJring Play and a Plate programme.
AL*Jiences
iddle Child ewsls to th8nge who makes and enjoy5 theatre. Thi5 15 reflected in the stories lol¢J and the
company's core audience". people who d¢￿'t Ihink theat￿ is for them. becatlse of a mix of real or perceived
exclusions indudiThJ the stories that are Ic4d. wh) tdls them and vknere, affordability and accessibility. Middle
Child largels work al yourw118-341 wcyking dass aUd￿n￿5. i￿lIdIng families for our Christma5 work. and
woths hard lo remove barriets faced by divwse and dIsa￿ed comfflurwtie5.
Artistic Programming
The Bi
HKJh-quality gig Iheatre that starts life in H￿1 before embarking on national lours and transfers. These st￿$
are the compan¥s fla9ship productions. ambilicxjs in ￿1￿ f(*m arn1 conlenl. with a focus growing local
audiences and developing a r￿tsOnal Profile.
Modès
In 2023124 our Big GKJ producb.on was M￿e$l by Ellen Brammar. a partr*rship between Middle Child an
Milk Presents. The production began lifeat Hull Truck Theatre before t￿ng to the Sheffield Crucible, Northern
Stage, SlungLow in Leed5, the New Wo15ey. the Stephen Joseph Theatre and L0ndc￿'S Kiln Theatre. The
show receNed excellent audience feedback and very slroThJ reviews. Whik tour sales were slightly lower than
anb'cipaled. thi5 shcw bought in a completety new audiwKe for Mhldle Child and managed to excEed sales for
our 2022123 outdoor musical There SIKxJld Be Un￿Orn5 by 48% - a remathatAe 3dMevemenl congdering
tickets for thal sh¢)w free.
A lotsl of4,205 peop￿ sawthe shjw across Iheduration of rts run, ￿th p05itr¥e rewews and feedbad( reeewed
- fof example..
"Rollicking ptie of gig theatre... s1onkn.￿j [erf￿rnar￿ arKI stunning snging" _ 4., The Guardian
"Brammarfs exceptional &Mece... uses a Went mix of ¢Yag. searirKJ comedy, indignant fvry tenderness to
explore the rea14rfe artist's histcry arKI hyhlNJht rts contrad1th.1￿S... The ensemble cast are wonderful."
The Stage
"Hugely ￿easUral￿e watth... ¢Ydi¥ers punch after W￿h, _ 4", What's On Stage
Page 3

Middle Child Theatre Limited
Report of the Trustees
for tho year ended 31st Mar¢h 2024
OBJECTIVES ANO AcnvmES
Other Projects
In addition lo Mthlesl we 81so produc£d a number of other impactful woFcts tpthich engaged kKal aLa*"ence$
al both partiCiP8nls 8nd aLKliences. These i￿￿le..
This Onè's For Us in
artnershi
with Absolute
Cultu￿￿
A co-created community project in the GIpwI￿ area of Hul. leadir#J lo the creation of a new piece of outdoor
work follc¥wing a year of embed¢Jed community Work￿$. The show was brilliantly received by both
P8rtIUP8nls and l(tal audiences, with 89% of survey responders stating the protr￿1 Wds different from things
they had experienced before and 93% reporb.ng the propct Wped them Io gain new ingght or knowledge.
Th￿e Minu
artnershi
with the Warren the BBC arKI Comt Relief
Our partnership with the Wa￿en. the BBC and Comic RelEI bought to life four monolcgues based the words
of young people. followng a series of workshops which saw 196 attendances from young people. The project
was a real succes5 with 86% of 70 young pelwle repth.ng [￿Ill¥e impad on thwr mental health. and 100%
saying thwr new Wr￿"ng s￿"11￿ were useful.
Bab He Loves You
Our 2024125 Big Gig Show underwent 8 week of R&D. devdoping the xript hxal freelancers.
That Time Again
Events that serve a5 both a fv5t wnl-of-CMtacl Feoe new to the cx)mpary. and a way for people to
engage th Middle Chikl's work year-on-year.
Red Ridi
Hood
Our flagship productH)n in this strand of work Is Ouf anrKJal altemalive Christmas pantomime which has built
strong aUdIe￿e base in Hull over Ihe pasl 13 years. many of whom subsequently attend cur Big GVJ shows.
In 2023124 our new rctk and rdl panto Red R￿Ing Hood ￿lumed to &xo1 ￿ HUrn￿ Street. reaching a tolal
of 2,655 - an increase d 7% on the p￿lOuS yeèr. re8thing 95% of capacity. Of audiences surveyed on the
door. 40% had not seen 8ny olhef theatre in ￿ pasl 12 monlhs askle from panto. We have sel targets re181ing
lo how many p8nio audien￿ atte￿1 wr next Big Gig. Baby. He Loves You to prove thi5 pathway method 15
effeclive.
Sales were espeo.ally strong when COn￿derIng the impact of the orwJoiTWJ C05t of livirvJ crisis in Hull. Once
again, audience membefs were invit&J to vote on next yearfs Story. wlh 1,886 {71%} of our audience iaking
part in Ihe vote - leadirKJ to an oveTr¥hdmiThJ vthry f¢y Trea9j￿ IslaThJ.
AudierKe feedback irthJe5.'
'Absolutdy brilliant every Yea￿."
Hilarious as a￿laY$.
'8rillianl, best panlo in trN4n'
'Besl panlo everl"
This year we also partnered wrth 8ac* lo (kn. touring our panlo for the first time. The show towed to lour
community venues across the city and was a resoundirbj success. wth IrKred1￿e audience feedback and 84%
of lickels sokl. 100% of audien￿ ret*yted feeling welcomed a￿1 al ease dunng ￿ perfomiances, with 72%
sawng they ha¢J experienced somethiro n￿. 95% saKI they enjoyed hcr•4 the show bought pe¢Jple lsyJether,
with 95% also saying it ma¢Je them fed happier. There is a hope Ihal Ihe panto Can w¢yk in partnership again
with Back lo OU￿ in 2024125 lo build on this positive firsl year.
Page 4

Middle Child Theatre Limited
Report of the Trustees
for the year ended 31st March 2024
OBJECMVES AND ACTIVITIES
ev
Artist Develo
ment
Middle Child's ambitious artist devewmenl programme. offeriw opportunity a￿1 skill development lo
emerging ar*J establishgj artisls, continued. The frKus of Ihis strand of is to make sure Ihe offer available
to people in Hull fbvals afve el¥e in the ￿nIry. a tslenl dra￿t ol wtrve pwjle leaving the
city.
In 2023124 aclivty induded
Out L(￿ - scripl-in-hand wfomianees of p￿y$ by emergir*J writers Chris Pearson, Hannah
Scorer and Olivia Hannah, s￿e￿r￿lty designed lo support wrilers lo make Ihe leap to thwr next
stage of devdopmenl. 63% of audience attendees lo events did rnl work in Ihe arts, provin9
that projects like help to build an urKlerstanding of how theatre is made fcff those outside of the
industry.
Introduction to Playwriting wth Tom Wells- seven ffirst-time playwri￿lts partiapated in a series of
workshops led by Tom, and then saw t￿'r plays perforned for the firsl lime by professional actors
In fr1￿1 of an audience_
Year-round access lo our Theatre Library. off￿l￿g a￿$$ to 2.(KQ+ plays and ley1b￿*S lo
anyone who rEeds it. Our library saw its highest enga9emenl figLtres yet, wilh 42 new library swn-
ups and 270 plays borr￿ed across Ihe year.
Play aTrJ a Plate - ihe launch ol new touring play reading service whith also feeds participants
was funded by the Two Ridir¥Js Community Foundatton. 7￿ of participants reporied they had
been impacted by the ongcirb3 Cost (rf INing crisis. wth the pffjiect reathing 9 dtfferent eommurmty
groups auoss the city.
Regular Script Surgwy sessions led ty Literary Man*>i. Matththv May. offeriTrJ free script
advice to l¢xal fredancers .
The kling Gym Continued lo greal success 13 actors taknng part in a swies of workshops
developing their Mo￿19gue skills, leading to an inf(mial perfomiarKe. 1￿ of paitipanls
ported Int￿85ed ￿nfIdenCe in perforfflirrfJ.
Public benefrt
In setting objecb'ves and planniThJ actiwties the truslees have given due cor6ideralion to 9eneral gU￿anCe
published by the Charity Commisgon relatw lo publ￿ ber*fiL
Volunteers
Middle Chdd would like lo thank the volunteers who ￿pp(xt the wort of the Chanty,. particularfy the Absolutely
Cultured volunteers and our Compary Members.
Page 5

Middle Child Theatre Limited
Report of the Trustees
for the year ended 31st March 2024
FINANCIAL REVIEW
Financial perfornian￿ and posilion
Over¥i•4¥
2023124 sees Moale Child's first deficil year wsl parKlemic. The increase in reserves hekl fr￿1 DCMS I Arts
CoLtncil ernefgency funds and ub"lisalion of ts furlough scheme albJwed Middle Child lo anticipate this deficiL
leading to a planr*d release of ttynami8m funds to all￿ our Big Gg prc*Juction of Modesl to lulfil its creative
ambition and UK lour. RJ"sng inflab.on and diffi¢vlty in the UK theatre touring model conlinLie5 to create
challenging landscape moving into Ihe nexi finanaal years, wilh MKJdle Child choogng not to tour our nexl &'g
Gig producb"on, Baby, He Loves YOJ. in order to mits'gate ffinancial uneertainty in the next Finarrial Year. Long
term stability is a key fcojs for the organisaiiM, and we are delighted Ihal we have able to maintain the
equivalent of three months of tsjmover in a separate desKJnaled fvnd.
Analysis
The charity5 income for the year ended 31 March 2¢r24 was £515.84512023 £498,4801- an increase of 3%.
Total expenditure amounted lo £546.58712023 £403.8001- an Ir￿Se of 45%. This resulted in a defiul of
£30,74212023 surplus £94,680). This is an improvement on the txjdgel for 2023124 of £37,947, with
the orKJin81 budget submitte11 10 ￿ boaro of trustees and the Arts c0j￿11 show¢ng a pl8nrEd deficit of
£68.689.
While these number5 may irwlialty seem concefning, rt is importanl to rwterale ihat this year was always
expected to be a deficit year with a pre-planned release of funds from our d￿gnated Ewnamism Fund to
support our ambitious production of Modesl. ensuring the'year effectsvely eThJs at a b￿ak￿en kxxnl.
Subsequentty. £30.742 lof a ￿anned £55,000) vos releose(J from our existing Dynamism Fund to supp)rt the
production of Modest and to cover the loss made by the charity in the current year. In addiliM, £35,CQO from
general funds was transfefred into our desgnaled wind down reserve fund due lo the value ofour three M￿th
lurrKwer Increasing. The total net transfer from the general fvThJ f￿ t*)th Ihe above is £4,258.
Reserves policy
At year eThJ, Ihe charity holds..
General Fund$ of £116.012
Dynamism Fund of £44.216 lavailatAe lo supp)rt key artistic actNity and safeguard the future of the
cfganisationl, designated within unrestricted funds.
Wind-Down Reserves Fund of £85.000 lin line *ith the three4nonth wind down eosls of the organisabon}.
esignated within unfestricted funds.
Employment Fund of £10,000 (to be used for sickness, matemity leave arKI other staff-related costs).
designated within unre51ricled lunds.
Total £255,228
The company are confident that Ihe above resetves are of a sensible level which safeguard the fulL*e of the
organisab"on.
R8serves Policy
Middle Child's reserve5 pdicy is lo-
Ensu￿ finanoal sustainatmlty arKI reSi1￿nCe for t￿ organisatiC￿ in line Iwth operational gU￿lanCe
CC19 (Charities & ReseThes} issJJed by the Charity Commisgon.
Build adequate reserves to eouNalent of al least 3-monlhs wind dcJAn costs
Create a ,￿naMISM FuThY' availab￿ lo support key 8rtL%lic acttvity and safeguar(I Ihe future rf the
Organisab"￿ in an ever eV0fvir￿ challenging finanGal cost of liwng crisis.
Have a designated fund of £10k lo account ￿￿XpeCte£l stsff costs. suth as materrwty ￿aVe.
sth leave and other HR relaled spe￿1$.
Page 6

Middle Child Theatre Limited
Report of the Trustees
for the year end•d 31st March 2024
STRUCTURE, GOVERNANCE AND IAANAGEMENT
Goveming document
The charity was incorporated as a company limited by guarantee on 17 December 2015.. il is r￿¥stered under
the Crmpanies Act 2(X)6 and is governed by its Art￿e5 of Asgxgaticffl.
Charitable status was ganled by Charity CommiSs￿)n (m 25 March 2020.
RoCrnitm•nt and appointment of n¢* trustees
As sel c¥Jt in the A￿'cleS ol Asscciab'on, the Chair of the Board is elected by ihe truslees and Presides as Choir
al General Meetings of the Charity. There is a maximum of 14 trustees elected lo the 8oard at any lime.
number increased Irom 10 in earfy 2024. Any ch8rwJes to tr* number oftrustees cfi the boafd wll be approved
by the Board of trustees in a General Meeling.
Representatives ofArts Council England re¢*ive topie5 of Board papw5 and are inwted to attend one meeting
annually but do not serve as trustees.
In 2023124 Middle Chikj recruited r￿W tnts1￿ Haltie Callery. Ha￿￿1 Johnson. 8ellaray 8ertrwhJ-Webb.
Tanya Loretta Dee. Rachel Hogg, Coke Green. Amber Wiles. We said gr¥)dbye to truslee Emma Tucker and
Jay Mitra who came lo the end ofher term with ts company. W￿ thank ihern both for their hard work supportiThJ
the company over the past five year>
New trustees are approached by ts Chair of ts Board and briefed prw)r lo altendiThJ the￿ first board meeting.
Useful infomalion such as the Charity's MemorarKlum and Artides ofAsswali¢)n. management ace4)unls, the
business plan. and minules of recent meetings are sent in advance to the Irusiee.
Oryanisational structur•
The management ol the chty is de*ated lo senity marwmenl leam ccvnpnsing Artistic ￿"reCtor and
ExeoJtive Directof who are aso J(Mnt Chief Execubves.
The positKJns w￿e cttuimed dunro the year as folltY4¥S:
Artistic Director & Joint Chief Executive.. Paul Smith
EXe￿lIve Diredor & J￿nt Chief Executive." kn"rK1sey Akn"s
The bu%ness of the Charity is bwperyised by the Board ofTnJ51ees who meet al least f¢xJr times ea¢h year, or
more frequently as wuifed. Thè Charivs Buyness Plan and annval budyels are subject to Board approval.
The Board are active￿ invofved in recnitment of senKK managemenl and supwt recruitment processes for
the two roles.
The senior managemenl team are SUPkXYted by a permanent staff team of four. tr¥0 full memLws ol staff, the
FIna￿e and Operalions Manager and the AudwrE Development Manager and two p8rt-b.me members of
staff the Literary Manager arKI newty apk)CA"nled GpJ*ral & PrrAuclion Man89er. The nine company members
who founded Middle Chikl are invited to the Annual General Meetin9 and are regukdy infomied ofthe busness
ol the charty, fonning an advisory board which feeds directly into the companls programme of wuk. Furthèr
f￿elancerS an¢J production staff were hire¢J ￿ a projecl by project basis. In April 2024 we said goodbye to
Executive tlre¢l¢y and Joint CEO Lindsey Alvis as she left lo wrsue 8 new role at Parents in t￿ Performing
Arts as th￿r P4JsirEss Deve*p￿t and Pr¢bJramme Marrager.
Post B•lan¢e Sh•et Events- Significant activili05 aft•r th• y•ar 0￿1
Looking ahead. Middle Chdd wi11 produce a major ne4W mKI-scak pr(¥Juth"on. Baby. He Loves You ￿ Sprirvj
2024. In the Summer of 2024 Middle Child wll launth thar pilot Fresh Ink festival in partnership wth funders.
Wykeland and the J F Brignall Trust. Later in year, Mi¢Ydle Child wll relum with cxjr latest panlomime
offering, Treasure Island, written by artistic director Paul Smith. We have already secured a svJnifi¢ant
investment for the ye8r 8hea(J and are continuing lo fuThJraise lo malch our ambitK)n.
Thank you lo the team fry anolhw SLKxessfvl year and wo￿n9 $0 hard to treale spaces for stories lo be lokj,
and opportunities for peO￿e to hear them.
Page 7

Middle Child Theatre Limited
Report of the Trustees
for the year end￿ 31st Ma￿h 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09921306 (England and Wales)
Regislered Chority nun*
1188756
Registered office
Regent'5 C(yJrt
Print%ss Street
Hull
East Yorkshi
HU2 88A
Trustggs
J Fallowfield (r￿gned 21.4.2023)
M Green Iresigred 1.4.20231
J R Wilkinsc
E M Tucker {reswJrEd 15.3.2024)
RKKnox
A J Smelhuisl (Chair}
J Heaton {Vice Chw'r)
Moses
H Callery lawointed 14.6.20241
J Milra Ifesigned 1.1.2024}
C Tonge
R Hogg lappoiTrted 14.6.20241
C G￿en lappoinled 14.6.2024}
A Wiles {appointed 14.6.2(r24}
H A Linfoot lappoinled 14.6.2024)
Company Secretary
E Anderton
Independent Examiner
Smalles Gol¢Jie
Chartered A¢countanls
Regent's Court
Prin￿S Streel
Hull
East Yorkshire
HU2 8BA
Approv&J by c*der of the board of irustees on 261h November 2024 and ￿ned on ils behall ty.
A J Smethurst- Trustee

Independent Examiner's Report to the Trustees of
Middle Child Theatre Limited
Indepondent oxaminerfs report to the trustees of Middle Child Theatre Limited Ilhe Company'l
I report to the charity Iruslees ￿ my ex￿17a1￿M of Ihe a¢cwnls of Company for Ihe year end
31 sl March 2024.
Re$pon$ibilities and basis of r•port
As the charity's trustees of the Company {and also its directols for the purposes of company law} you are
re5ponsble for the prepwation ol the accounts in ac4XTdance the requirement5 of the Companies Act
20061'the 2006 Act.).
Hawng sabsfieil myself that the aC￿nIS of Ihe Crynpany are not reqUI￿j lo be audited under Part 16 of the
2006 Acl and are elMJible for independent examinalion. I report in respect of my examination of your charills
a¢￿￿nIS as carne£l out under Section 145 of Charities Act 2011 2011 Acl'l. In Car￿n9 out my
examination I have follcmed tr* Direc￿n5 given by tr* Charity commissi￿ uNJer Section 145151 Ib) of the
2011 Act.
Indepondont examinerfs statement
Since your charity's gross income exceedejj £250,￿0 yow examiner must be a member of a listed body. I
can confirm ihat l am qualified to undertake the examinabon tjecause l am a member of tr*e Institute of
Chartwe(l Accountants in England Wales, wlm.ch is one of the listed bod*.
I have completed my exafflinatKJn. I confirm Ihat no maitws have c4Jme lo my attentic￿ in conneclicffi with the
examination giving me cause lo believe..
a￿o￿ntIng re￿rdS were nol kept in respect of ts Crywny as r￿ul￿d by Section 386 of the 2006
Act-. or
the accounts do not ae¢cKd wth those re￿rdS.,
the accounts do rKsI comply wrth the a￿Ounting requirements of sect￿￿ 396 ofts 2C(6 Ad other than
any requirement that the acccyjnts s¥¥e a Irue arKI fair view which 15 r￿1 a matter cons*Jered as part of
an independent examinabon.. or
the acccyJnis have not been prepared in accordance with the methods and prinaples of the Statement
of Reccffimended Practice for accountirrfj and reportirrfJ by charibes (applicable to charib.es preparing
Ihe&r accounts in aecordance ￿th the Financial Reporting Standard ap ￿l¢ab￿ in the UK and Republic
of I￿land IFRS 1021).
I have no concefns and have come acsoss no other matters in COnn￿lI0n with the examination lo which
attention strx)uld be drawn in this repyt in order to enable a pwr urmjerstsnding of the a￿UnIS lo be
reacw.
S. T. Bramdl. Bsc.. F.C.A..
Sm8iles Goklie
Regenl's Court
Prin￿sS Street
Hull
East Yorkshire
HU2 8BA
26th November 2024

Middle Child Theatre Limited
ststement of Financial Activities
fof th• year ended 31st March 2024
2024
Total
funds
2023
Total
fvntts
Unrestricbj
lund
Designated
Notes
INCOME ANO ENOOWMEPITS FROM
Donations aThJ legaaes
5.810
5.810
4.941
Charitable activllles
Theatrical prLxlu¢bons
509,944
509.944
493,539
Investment irtome
Total
515.845
515.845
498.480
EXPENDITURE ON
Charitable activiti•s
Theairical productions
403,800
NET INCOMEI{EXPENDITURE)
Transf•rs b•tw••n funds
(30.742>
4.258
(30.742)
94.680
17
4.258
Net rnovement in funds
(35.0001
4.258
(30.742)
94.680
RECONCILIATION OF FUNDS
Tolal furKls brought foTh¥ard
151.012
134,958
28S.970
191,29)
TOTAL FUNOS CARRIED FORWARD
116.012
139.216
255.228
285,9TO
The notes fcffli part of these financial statements
Page 10

Middle Child Theatre Limited
Balance Sheet
31st March 2024
2024
Total
funds
2023
Totsl
fvnds
Notes
FIXED ASs￿s
Tan9ible assets
12
14.117
11.759
CURRENT ASSETS
Debtors
Cash al bank
13
139.477
158.597
158,747
177,579
298,074
336,326
CREDITORS
Amounts fall1r￿ due wthin one year
14
{$6.9631
{62.1151
NET CURRENT ASSETS
241 111
274211
TOTAL ASSETS LESS CURRENT
LIABILITIES
255.228
285,970
NET ASSETS
255.228
285,970
FUNDS
Unreslricled fvnds
17
255,228
285 970
TOTAL FUNDS
255 228
285.970
The charitable CLJnpany is enlirfed to exemption from Lwhjer sec1K￿ 477 of the CompanEs Act 2006 for
the year ended 31st March 2024.
The members have ￿1 required the company to obtain an aLxlit of its ffinanaal State￿￿￿tS for the year ended
31st March 2024 in acct￿dance wlh Seebon 476 of the Ccrfnpanies Act 2(X)6.
The InJstee5 acknowl&Jge their responsibilities for
{a} ensuring that the charitsble company keeps accaJJnting recc*ds that with secb.ons 386 and 387
of the Companies Ad 2006 and
preparing financial slatements whi¢h give a true arKI fair view of the stale of affairs of the charitable
eompany as at the end of each financial year and of its surplus or def￿1 for each financial year in
8ctor¢Janee wlh the requirements of Sections 394 and 395 and which otheThvise comply with the
reqU1￿ments of the CM)panies Act 2006 rel8b.ng lo finartial statements. so far as applicable lo the
chariiable company.
{b}
The notes form part of these finanoal ststements
Page 11
conthued...

Middle Child Theatre Limited
Balance Sheet - continued
31st March 2024
These financial ststeM￿s have been prepared. in arxordance with the provisions applicat4e to charitable
c(ynpanies wbjeci to small compan￿$ roJime.
The finanaal slalemen15 were approved by the Board of Twstees aTrJ authorised for issue on
261h November 2024 and wwe ils beh*f by.
A J Smethwst- Trustee
The notes form part of ltrwe fmancial statements
Page 12

Middle Child Theatre Limited
Cash Flow Statement
for the year ended 31st March 2024
2024
2023
Noles
Cash Ilows from operating activiti•5
Cash generated freAn oper8tK)ns
Tax credits received
{153,874)
147.707
3,371
7.962
Net cash (used inypfovid&J by opwating acbvities
Cash Ilows from investing acti¥iti•s
Purchase of tangible r￿ed assets
Inte￿$1 weived
(12,906)
91
{5.0401
Nel cash used in Thiesling actiwties
12.815
Change in cash and cash equivalents
in thè reporting period
Cash and cash equivalents at th¢
.beginn5ng of tho rèporting pwi<
(18,982)
6.293
177.579
171.286
Cash and cash equivalerts at the end
of tho roportin9 poriod
158.597
177.579
The notes form part ol these financial slatemenls
Page 13

Middle Child Theatre Limited
Notes to the Cash Flow Statement
lor the yoar ended 31st March 2024
RECONCILIAMON OF IEXPENDITUREYINCOME TO CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
N•t lexpenditureVincom• for th• r•portlng pwlod (as per the
ststement ol Financial A¢tiviti¢sl
Adjustments for:
Depreciation charges
Interest received
Theatre Tax Relief Income
In¢rease in debl¢ys
IDecreaseyincrea5e in credito
(30.742)
94.680
10.548
191)
189,487)
{38,9501
5,152
196,706)
{3,238)
2,797
Net ¢￿h (used invprovided by ¢)perntions
1S3 8741
ANALYSIS OF CHA￿Es IN NET FUNOS
At 1.4.23
Cash flow
At 31.3.24
Not cash
Cash at bank
177.579
18,982
158.597
Total
177.579
18.982
The rths ftym part of ltr￿ finawal statements
Page 14

Middle Child Theatre Limited
Notes to the Financial Statements
for the year ended 31st March 2024
ACCOUNTING 14)LICIES
Ba￿S of preyrkng the finan¢i•l st•tsments
The financial statements ol the Charitab￿ company. wthith is a public benefit enlity under FRS 102,
have been prepared in accordance wth the Charities SORP IFRS 102)'Acc4wnting aTrJ Reporting by
Ch8ri1ies'. Slalemenl of Recommer¥1ed Practi￿ appl￿ble to charilies preganng their accounts in
accordance wilh the Financial Rewrtin9 Standard applI￿￿e in the UK and Repu￿1¢ ol Ireland IFRS
1021"leffective 1 January 2019),. Financial Rewting Standard 102 The FInar￿la1 Reportbro Slandard
applicable in the UK and RepU￿1C of IrelarKI' and ihe Companies Act 2006. The finanaal statements
have beej) prepaie¢J under histcital (tst Cfjnventh￿.
Inc¢me
All incomiThJ resources a￿ I￿Ule(l in Statan￿1 of Fin8noal Acb"vities ISoFA} vthen the charity is
ally entiued lo Ihe income after any performance condiknons have been met. arnounl can be
measured reliably aTrJ it is probable that Ihe ir￿orne wll be recesved.
For donalions lo be re¢cgnised the Charity will have been f)ob"f*d of ￿ amounts aThJ the settlement
date in writing. Ef there are cOndit￿S altached to the donation and thi5 requires a level of performance
before entitlement can be obtained then income is deferred until those condit￿5 are fully mel or the
fulfilmenl of those uJThJ1l￿nS is wtlhin the c￿trOl of tr￿ ¢*arity antj il is probable that they will be fulfilled.
Income from government and other grants are rewgnised al fair Trrdlue when the charity has entrtlement
after any perfixmance (X￿￿1t￿n5 have been met. rt is Pfobable that the income will be received and the
amount can be measured reliably. If entiilement is not met then ihese amounts are deferred. e of the
contraet e£nnot be estimated Teliabty.
Expenditurn
Ltabilits'es are recJ3gnised as expenditure as soon as there is a leg81 or constructive obligab.on
(xynmilling the charity lo that expenditure. il is probable that a transfer of ecwornic benefits will be
required in selY8menl and the amwnl of Ihe obligatson can b8 measured reliably. Expenditure is
accounted" for on an accruals ba&s and has been dassrfied uThJer headiros that aggregate all cost
related lo the Category. Where eosts canrLJt be direetyattribuied io parb'ujlar headings they have been
albcaled to 8clivrtEs on a basis ￿n￿$tent ￿ the use of ￿ourCeS.
Tangible fix•d ass•ts
Depreciation is provided at folb*ry annual rates in to write off each asset over its estwnated
useful life.
Plant and M￿hinery
. 33% ￿ cost
Taxation
The charity is exempl from pawrKJ ctsp0ra1i￿ tax on its charitsble activities.
Fund a￿OUntIng
un￿$t[leted lunds can be US￿ in acccrfdance with the d*ritable objectives al the ¢Jixreb"on of the
trustees.
Restricted funds can only be usèj for partKJJlar restricted purposes wthin the obiects of the charity.
Re51ricb'ons arise when 5peafied by Ihe donor or kn funds are raised fc* particu18r reslricled
purp¢)ses.
Further ewanalion ol the nature a￿1 PLwpose of each fund is indLKled ￿ the notes to Ihe finar￿la1
statement&
Pension costs and other post-retirement benefits
The th8rilable company operale5 a defined contribution pensKffi scheff*. ContribUlK￿$ payable to the
charitable Gompany's penson scheme are charged lo Ihe Statement of Financ4al Activities in the peritrj
lo whth they rekte.
Page 15
conlirvjed..

Middle Child Theatre Limited
Notes to the Financial Statements - continued
for the yoar ended 31st March 2024
DONATIONS AND LEGACIES
2024
2023
t)onalit￿s
5.810
4,941
INVESTMENT INCOME
2024
2023
Interesl re￿I￿dble - tr8dirKJ
CHARITABLE ACTIVITIES
2024
2023
Aclrvity
Theatrical prtyJLKb"(
Theatrical prr>JLKti￿s
8ox olf1￿ incc¥ne
Theatre Tax Relief
Theatre Tax Relief- prior
years
Other 1￿me
Grants
154.907
104.487
70,473
96,7C6
Theatrical pr(xluGb"ons
Theatrical projuctions
Theatrical prc4Juctions
115.000)
9.310
256.240
14,559
3,141
308,660
509.944
Grants re￿Ne￿. I￿ule￿ in atove. are as fdlcms..
2024
2023
Arts Council- NPO award
Hun City Council
Garfiekl and Weston Foundati¢
Oepartment for Work and Pens￿ - Kick5tart
Outdoor Arts Consortium - Without Walls
The Foyle Foundation
The Sir James Rethitt Chaflty
Absolutely Cultured
Other production ￿lated gfanis
The J F 8n"gnall Charitable Trusl
The Hull and East Riding Charitable Trust
152.760
30,000
15.000
152,760
30.000
15,000
13,990
27.620
20,000
10,000
7.980
31.310
3.IXIO
256.240
Page 16
linued...

Middle Child Theatre Limited
Notes to the Financial Statements - continued
for the year ended 31st March 2024
CHARITA8LE ACTNMES COSTS
Oire¢t
SupKKYt
Costs (see costs (see
te61
note 71
Totals
Theatrical pr￿UCtionS
432.679
113.908
Y6.587
DIRECT COSTS OF CHARITABLE ACTivmES
2024
2023
SLiff cosls
ProductKJn costs
Development ￿$ts
151,657
266.578
3,249
144,530
140.325
432,679
299,868
SUPPORT COSTS
Iministratm Marketing
costs
Totals
Tralrical products'ons
18.084
Support Costs. indLKled in the al￿. are as f￿1￿*S..
2024
Theatrical
prc*luctions
2023
Total
aclivilies
Rent
ght. heat and dear￿n9
Travel and subsistence
Sl8ff development
Health and 5alety
Sun¢Jries
Repairs and renewals
Freelance wages
SubscTipb'ons
Telephone
Printing. pxistage & stslionery
Depreciatw of tangible fixed assets
Marketing and a(fvertisrvJ
InsUra￿e
Accrxjnlancy
Legal and profesgonal fees
23.760
10,753
9.592
5,114
2.852
3.610
41
15.073
5.481
1,140
112
10.548
18.084
3.055
4,500
193
25.062
4.815
2.511
6,910
532
3.965
2.186
23.053
5,871
997
424
5.838
13.273
2.592
3.653
103 932
Page 17
continued...

Middle Child Theatre Limited
Notes to the Financial Statements - continued
for the year ended 31st March 2024
NET INCOMEIIEXPENDITURE)
Net YKomellexpenditwe) is slated after ¢$Wgir￿IcredIlry1:
2024
2023
Depreciation- owned assels
Independent examiner's remuneralion
10,548
4,500
5.838
3.653
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remurwation cff other b￿erts for the year ended 315t March 2024 nor for the
year ended 31$1 March 2023.
Trustees. expens•s
There were trustee. expenses pad (rf £328 for ts year ended 31st March 2024 {2023 .. £6241.
10. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
134954
12.543
3.160
133.844
7.577
3,109
144.530
average monthty number of employees during the Year was as fdlcws".
2024
2023
Staff numbers
No employees reeeived emoluments in eX￿sS d £60.CKKI
11. COMPARAMVES FOR THE STATEMENT OF FINANCIAL AcnviTIES
All income rtt￿ved and expwxlitwe wKurred in the ¢ompaiative year relat&1 to the general within
unreslricled reserves.
Page 18
continued...

Middle Child Theatre Limited
Notes to the Financial Statements - continued
for the year ended 31st March 2024
12. TANGIBLE FIXEO ASSETS
Plant and
machinery
COST
Al 1 sl April 2023
Additi"ons
27,765
At 31st March 2024
40.691
DEPRECIATION
Al 1 sl April 2023
Charge for year
16.026
10.548
At 31st March 2024
26.574
NET BOOK VALUE
Al 31st March 2024
Al 3151 March 2023
13. DE8TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
Theat￿ tax relief debtor
Prepayments and a¢mEd ino)me
200
400
89,487
49,390
147.707
10.010
139.477
158,747
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Tr8de cjeditors
Accruals and deferreil inc(￿e
14.074
42.889
62.115
56,963
62.115
15. LEASING AGREEMENTS
Minimum lease payments urxler nOn￿ncelIable cwating kases fall due as follcws:
2024
2023
Within year
23,760
23.760
Page 19
rthb"nue(l...

Middle Child Theatre Limited
Notes to the Financial Statements - continued
for th• y•ar •ndad 31st IAarch 2024
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Total
lunds
2023
Total
funds
UnrestriC￿j
fuThJ
Designated
Fixed assets
Current assets
Currenl liabilities
14,117
1S8.858
56.963)
14.117
298.074
11.759
336.326
139.216
116.012
139.216
255,228
285.970
17. MOVEMENT IN FUNDS
Nel
Transfers
nkniemenl between
in fvnd$
fuTrJs
Al
31.3.24
At 1.4.23
Unrestrided fund$
General fund
Desgnated - ￿naMISM (urKI
Designated - Wind down lund
Designated - Employment furKI
151.012
74.958
(30.742)
[4.258)
(30,742}
35.000
116,012
44,216
85,000
10.000
30.742
255,228
TOTAL FUNDS
285.9ni
30.742)
255.228
Net movement n fvnds, included in the above a￿ as fc41trAfs:
Incoming
Resources
resources expended
Movement
in funds
Unrestricted fvnds
General fund
515.845
1546,5871
130.7421
TOTAL FUNDS
515,845
546.58TI
30.7421
C¢)mparatives for moven*nt in lunds
Nel
movement
in tunds
Transfers
be￿n
fvnds
At
31.3.23
At 1.4.22
Unrestricted lunds
General fund
Designated - Oynamisn fund
De￿gnated - Wind d￿n fuThJ
De&gnaled - Ern￿oymen[ fund
{4.OlXII
151.012
74.958
50.000
10,000
74.958
46,0
10,0
4.000
191.2
285 970
TOTAL FUNDS
191.290
94.6KI
285,970
Page 20
continued...

Middle Child Theatre Limited
Notes to the Financial Statements - continued
for th• year •nded 31st Mar¢h 2024
17. MOVEMENT IN FUNOS- cont￿ued
Comparative net m0ven￿l in fLmds. Ind￿jed in the atThe are as follNs'.
Incoming
Resources
expen¢Jed
Movement
in lunds
Unrestricl•d funds
General fund
498.4
1403.81XII
94.680
TOTAL FUNOS
498.480
403.8001
94.680
Details of designaled funds
£44,216 12023 £74,958) of unrestricted funds has LEen designaled to a Dynasim Fund to enable
meaningful investment in new prc*Juclions lo achieve ¥tisti¢ eX￿llen￿ on a ￿se-by-case basis.
£85,￿joI?023 £50,000) has be￿ desKJnated lo a dMI Reserves Fund lo covw core operaling
costs of the tharity.
£10,00012023 £10,or))I has been de&gnaled to an Empwn*rt F￿d lo enab￿ the charity lo wioriti8e
Fwple and ensufe il can be resrthsive to providiry enhanced ern￿Oyee benefits as ttw ocwr.
18. RELATED PARTY OISCLOSURES
There were no rdaled party transactions lor the ye* erKled 31st Marth 2024.
Page21