## **STOS THEATRE COMPANY** **Registered Charity No** : 1193006 ## **TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29th FEBRUARY 2024** ## **STOS THEATRE COMPANY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 29th FEBRUARY 2024** ## **Registered Charity No** : 1193006 **Registered Office** : 76 Old Hay Close, Sheffield S17 3GQ **Trustees** : The Trustees who served during the year and since the year end were: Mark Harris – Chair Sally Badham – Vice Chair Judy McMurray – Secretary Christine Minott – Finance Jill Beckett – Trustee Viv Siberry-Scott – Trustee Janet Sanders – Trustee Philip Brownhill - Trustee Charlotte Musgrove – Trustee (appointed 3 May 2023) Sue Cox – Trustee (resigned 3 May 2023) ## **Key personnel:** Sue Cox – Trustee – retired Jennifer Horsfield – co-opted potential Trustee ## **Our advisors:** **Bankers** Barclays Bank plc **Independent Examiner** Nicholas Paladina FCA Creative Tax Reliefs F14A Bolton Arena Horwich Bolton BL6 6LB 1 **STOS THEATRE COMPANY** **FOR THE YEAR ENDED 29th FEBRUARY 2024** ## **TRUSTEES ANNUAL REPORT** ## **Introduction** The Trustees of STOS Theatre Company present their report and the unaudited financial statements as a charitable incorporated organisation (CIO) for the year ended 29th February 2024. Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charities constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. The CIO was registered with the Charities Commission 6[th] January 2021, having previously been an unincorporated society. ## **Objectives and activities** For the public benefit, to promote and advance education in the performing arts in particular, but not exclusively by the study and performance of operas, operetta, musicals and other genres of theatre including play readings, concerts, excerpts and fully staged performances in Sheffield and its surrounding area. STOS Theatre Company achieves is objectives primarily through the performance of musical theatre, and the furtherance of amateur theatre in and around the Sheffield area. ## **Achievements and performance** In the year in question STOS Theatre Company has rehearsed and performed ‘Barnum’ with critical and artistic success. The show was staged at the Lyceum Theatre, Sheffield from November 14[th] to 18[th] . A total of 6 shows were performed with audiences that were less than the previous year (Sunshine on Leith) The cast numbered 40+ including new members and children taking part in the production. The live orchestra consisted of a total of 18 musicians. Backstage a further 40+ people were involved in supporting roles ranging from Stage Management to Make-up, Properties design and Management, Dance Captain to mention just a few. Many roles are required to achieve our level of standards and success. ## **Financial review** The charity shows a deficit of £9,817 in the year (2023: surplus £14,806). At the year-end total funds amounted to £110,903 (2024: £120,720). The charity’s funds are wholly unrestricted but there is a designated fund within these (The Wilkinson Hope Fund) which amounted to £1,555 at the end of the financial year (2023: £1,555). The charity operates on the basis that any given show should be cost neutral. That is to say that the tickets sales, which are the charity’s main source of income, should cover the cost of presenting the show. Any surplus that is generated will be reinvested into the organisation’s future activities. This year, we are showing a deficit on funds due to numerous factors, those mainly including lower than anticipated ticket sales and technical costs associated with this specialist production which is not always necessary every year. 2 **STOS THEATRE COMPANY** ## **TRUSTEES’ ANNUAL REPORT (continued) FOR THE YEAR ENDED 29 FEBRUARY 2024** The Trustees aim to hold reserves at a level approximating to the full cost of a production to ensure that any unforeseen loss of income does not jeopardise the charity as a going concern. ## **Structure, governance and management** The charity is governed by a board of Trustees. The Trustees meet on a monthly basis to plan and make decisions on behalf of the charity, and operate within the terms of the STOS Theatre Company Foundation document. Every Trustee is appointed for a term of two years by resolution passed at a properly convened meeting of the board. In selecting individuals for appointment as charity Trustees, the charity Trustees have regard to the skills, knowledge and experience needed for the effective administration of the charity. On appointment, each new charity Trustee is provided with a copy of the charity’s constitution and a copy of the latest Trustees' Annual Report and statement of accounts. ## **Risk and Going concern.** The Trustees do not consider there to be any going concern issues at present. The board considers the risks to which the charity might be exposed, in terms of both underlying operations and for each production, and considers that adequate systems are in place to minimise and mitigate exposure to them. ## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES** The charity Trustees are responsible for preparing a Trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the CIO and of the incoming resources and application of resources, of the CIO for that period. In preparing the financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgements and estimates that are reasonable and prudent; • state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in business. 3 TOS THEATRE COMPANY TRUSTEES. ANNUAL REPORT contlnued OR THE YEAR ENOED 29 FEBRUARY 2024 The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the CIO and to enable them to ensure that the financial Statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulation5, ond the provisions of the trust deed. They are also responsible for safe8uarding the assets of the CIO and taking fea50nable step5 for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the CIO and financial information included on the CIO'S website in accordance with legislation in the United Kingdom governing the preparatlon and di55emination of financial statements. By order of the board of Trustees Chair of Trustees Mark Harris Dated: 22 May 2024 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF STOS THEATRE COMPANY** I report on the accounts of STOS Theatre Company for the year ended 29 February 2024 which are set out on pages 6 to 21. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Basis of independent examiner’s statement** My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** I confirm that no material matters have come to my attention in connection with the examination 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 concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 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. **Nicholas Paladina FCA** Independent Examiner Creative Tax Reliefs Ltd Image House Farm Sandy Lane Lathom Ormskirk L40 5TU Dated: 27 May 2024 ||**STOS Theatre Company**|**STOS Theatre Company**|**STOS Theatre Company**|**STOS Theatre Company**|Charity No (if
any)|
**1193006**|| |---|---|---|---|---|---|---|---| ||Annualaccountsforthe period||||||| ||Period start date||**01/03/2023**|**To**|Period end date|**29/02/2024**|| |**Recommended categories by**
**activity**
Guidance N
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Section A Statement of financial activities**|||||||**Prior year**
**funds**| ||||**£**|**£**|**£**|**£**|**£**| |**Incoming resources (Note 3)**|||F01|F02|F03|F04|F05| |**Income and endowments from:**|||||||| |Donations and legacies||S01|-|-|-|-|-| |Charitable activities||S02|89,249|-|-|89,249|103,512| |Other trading activities||S03|2,372|-|-|2,372|1,961| |Investments||S04|556|-||556|49| |Separate material item of income||S05|16,589|-|-|16,589|9,497| |Other||S06|-|-|-|-|-| |**_Total_**||S07|108,766|-|-|108,766|115,019| |**Resources expended (Note 6)**|||||||| |**Expenditure on:**|||||||| |Raising funds||S08|-|-|-|-|-| |Charitable activities||S09|118,583|-|-|118,583|100,213| |Separate material item of expense||S10|-|-|-|-|-| |Other||S11|-|-|-|-|-| |**_Total_**||S12|118,583|-|-|118,583|100,213| ||||||||| |**Net income/(expenditure) before investment**
**gains/(losses)**||S13|9,817
-|-|-|9,817
-|14,806| |Netgains/(losses)on investments||S14|-|-|-|-|-| |**Net income/(expenditure)**||S15|9,817
-|-|-|9,817
-|14,806| |**Extraordinary items**||S16|-|-|-|-|-| |**Transfers between funds**||S17|-|-|-|-|-| |**Other recognised** **gains/(losses):**|||||||| |Gains and losses on revaluation of fixed assets for the charity’s own use||S18|-|-|-|-|-| |Othergains/(losses)||S19|-|-|-|-|-| |**_Net movement in funds_**||S20|9,817
-|-|-|9,817
-|14,806| ||||||||| |**_Reconciliation of funds:_**|||||||| |Total funds brought forward||S21|120,720|-|-|120,720|105,914| |**_Total funds carried forward_**||S22|110,903|-|-|110,903|120,720| |1|||||||| Section 8 Balance sheet Restrictsd income fvnds Unr•strictrd Endowmeni funds Total thi• •ar Totsl last ear GuktsntÈ Fixed assets Intan ible assets Tan Ible assels Herlta e assets F01 F02 F03 F04 F05 Note15 Note 14 Notg 16 Investments Note 17 Total fix•d •ss•ts Current assets Stocks Note 18 Debtors Note 19 Investments Noto 17.4 Cash at bank and in hand Note 24 Total current assets 415 415 443 810 Credltors: amounts falllng due within one ear Note 20 480 540 540 Net GU￿nt assetsl Ilabllili05 812 Total ossets less cunpnt Ilabllllies 813 Creditors: amounts falllng duo after one oar Note 20 Provisions for liabilitie$ B15 Total ngt assets or liabilities 816 Funds of the Charit Endowment funds Restricted income funds Unwestrlcted funds R•va5uation re5eNe Note 27 017 Note 27 B18 819 110903 120 720 Total funds 720 Signed by one or I￿rI trustees on behaff of all the trust¢es Dale ol pproval Print Name S￿natUre itsl c)rr |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**| |---|---|---|---|---|---| |Note 1**Basis ofpreparation**|||||| ||||||| |**_This section should be completed by all charities_**_._|||||| |**1.1 Basis of accounting**|||||| |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(s)to these accounts.|||||| |The accounts have beenprepared in accordance with:|||||| |• and with*|✓|the Statement of Recommended Practice: Accounting and Reporting by Charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) issued on 16 July 2014|||| |• and with*|✓|the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS
102)|||| |• and with the Charities Act 2011.|||||| ||||||| |The charity constitutes a public benefit entity as defined by FRS
102.*|||||Yes| |* -Tick as appropriate|||||| |**1.2 Going concern**|||||| |**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability_**
**_to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:_**|||||| |An explanation as to those factors that support the
conclusion that the charity is a going concern;||||**_Not applicable_**|| |Disclosure of any uncertainties that make the
going concern assumption doubtful;||||**_Not applicable_**|| |Where accounts are not prepared on a going
concern basis, please disclose this fact together
with the basis on which the trustees prepared the
accounts and the reason why the charity is not
regarded as a going concern.||||**_Not applicable_**|| |**1.3 Change of accounting policy**|||||| |The accounts present a true||and fair view and the accounting policies adopted are those outlined in note { }.|||| |Yes*|✓|* -Tick as appropriate|||| |No*|||||| ||||||| |**_Please disclose:_**|||||| |**_(i) the nature of the change in accounting policy;_**|||||| |**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information; and_**|||||| |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**| |---|---|---|---|---|---| |Note 1**Basis ofpreparation**|||||| ||||||| |**_This section should be completed by all charities_**_._|||||| |**1.1 Basis of accounting**|||||| |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(s)to these accounts.|||||| |The accounts have beenprepared in accordance with:|||||| |• and with*|✓|the Statement of Recommended Practice: Accounting and Reporting by Charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) issued on 16 July 2014|||| |• and with*|✓|the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS
102)|||| |• and with the Charities Act 2011.|||||| ||||||| |The charity constitutes a public benefit entity as defined by FRS
102.*|||||Yes| |* -Tick as appropriate|||||| |**1.2 Going concern**|||||| |**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability_**
**_to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:_**|||||| |An explanation as to those factors that support the
conclusion that the charity is a going concern;||||**_Not applicable_**|| |Disclosure of any uncertainties that make the
going concern assumption doubtful;||||**_Not applicable_**|| |Where accounts are not prepared on a going
concern basis, please disclose this fact together
with the basis on which the trustees prepared the
accounts and the reason why the charity is not
regarded as a going concern.||||**_Not applicable_**|| |**1.3 Change of accounting policy**|||||| |The accounts present a true||and fair view and the accounting policies adopted are those outlined in note { }.|||| |Yes*|✓|* -Tick as appropriate|||| |No*|||||| ||||||| |**_Please disclose:_**|||||| |**_(i) the nature of the change in accounting policy;_**|||||| |**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information; and_**|||||| |**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS 102 SORP._**|**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS 102 SORP._**|**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS 102 SORP._**|**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS 102 SORP._**|**_(iii) the amount of the adjustment for each line affected in_**
**_the current period, each prior period presented and the_**
**_aggregate amount of the adjustment relating to periods_**
**_before those presented, 3.44 FRS 102 SORP._**|| |---|---|---|---|---|---| ||||||| |**1.4 Changes to accounting estimates**|||||| |No changes to accountingestimates have occurred in the reporting period (3.46 FRS 102 SORP).|||||| |Yes*|✓|* -Tick as appropriate|||| |No*|||||| ||||||| |**_Please disclose:_**|||||| |**_(i) the nature of any changes;_**|||||| |**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|||||| |**_(iii) where practicable, the effect of the change in one or_**
**_more future periods._**|||||| ||||||| |**1.5 Material prior year errors**|||||| |No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).|||||| |Yes*|✓|* -Tick as appropriate|||| |No*|||||| ||||||| |**_Please disclose:_**|||||| |**_(i) the nature of the prior period error;_**|||||| |**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|||||| |**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|||||| |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**(cont)**|||| |---|---|---|---|---|---|---|---| ||||||||| |**Note 2 Accounting policies**|||||||| |**2.2 INCOME**|||||||| |_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a dif_
_additional policy has been adopted then this is detailed in the box below._||||_ferent or_|||| ||||||||| |**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:||||||| ||
• the charity becomes entitled to the resources;||||||| ||·it is more likely than not that the trustees will receive the resources; and
||||Yes|No|N/a| ||
• the monetary value can be measured with sufficient reliability.||||✓||| |**Offsetting**|
There has been no offsetting of assets and liabilities, or income and expenses, unless requi
permitted by theFRS102SORPor FRS102.|||red or|Yes|No|N/a| ||||||✓||| |**Grants and donations**|Grants and donations are only included in the SoFA when the general income recognition
criteria aremet (5.10 to 5.12 FRS102SORP).||||Yes|No|N/a| ||||||✓||| ||In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurswhenthe performancerelated conditions aremet (5.16FRS102SORP).||||Yes|No|N/a| ||||||||✓| |**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.||||Yes|No|N/a| ||||||||✓| |**Government grants**|The charity has received government grants in the reporting period||||Yes|No|N/a| |||||||✓|| |**Tax reclaims on donations**
**and gifts**|Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.||||Yes|No|N/a| ||||||||✓| |**Contractual income and**
**performance related grants**|This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.||||Yes|No|N/a| ||||||||✓| |**Donated goods**|Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.||||Yes|No|N/a| ||||||||✓| ||The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In
the reporting period in which the stocks are distributed, they are recognised as an expense
at the carrying amount ofthe stocks at distribution.||||Yes|No|N/a| ||||||||✓| ||Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
the proceedsfromsale are alsorecognised as'Incomefromothertrading activities'.||||Yes|No|N/a| ||||||||✓| ||Goods donated for on-going use by the charity are recognised as tangible fixed assets and
includedinthe SoFAasincomingresourceswhen receivable.||||Yes|No|N/a| ||||||||✓| ||Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.||||Yes|No|N/a| ||||||||✓| |**Donated services and**
**facilities**|Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.||||Yes|No|N/a| ||||||||✓| ||Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.||||Yes|No|N/a| ||||||||✓| |**Support costs**|The charity has incurred expenditure on support costs.||||Yes|No|N/a| ||||||✓||| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in
the trustees’ annual report.||||Yes|No|N/a| ||||||✓||| |**Income from interest,**
**royalties and dividends**|This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.||||Yes|No|N/a| ||||||✓||| |**Income from membership**
**subscriptions**|Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.||||Yes|No|N/a| ||||||||✓| ||Membership subscriptions which gives a member the right to buy services or other benefits
are recognised as income earned from the provision of goods and services as income from
charitable activities.||||Yes|No|N/a| ||||||✓||| |**Settlement of insurance**
**claims**|Insurance claims are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the
SoFA.||||Yes|No|N/a| ||||||||✓| |**Investment gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of investments and any
gainor lossresultingfrom revaluinginvestments tomarketvalue at the end ofthe year.||||Yes|No|N/a| ||||||||✓| |**2.3 EXPENDITURE AND LIABILITIES**|||||||| |**Liability recognition**|Liabilities are recognised where 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.||||Yes|No|N/a| ||||||✓||| |**Governance and support**
**costs**|Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.||||Yes|No|N/a| ||||||✓||| ||Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, eg allocating property costs by floor areas,
or per capita, staff costs by the time spent and other costs by their usage.|Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, eg allocating property costs by floor areas,
or per capita, staff costs by the time spent and other costs by their usage.|Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, eg allocating property costs by floor areas,
or per capita, staff costs by the time spent and other costs by their usage.||Yes|No|N/a| |---|---|---|---|---|---|---|---| ||||||✓||| |**Grants with performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.||||Yes|No|N/a| ||||||||✓| |**Grants payable without**
**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.||||Yes|No|N/a| ||||||||✓| |**Redundancy cost**|The charity made no redundancy payments during the reporting period.||||Yes|No|N/a| ||||||||✓| |**Deferred income**|No material item of deferred income has been included in the accounts.||||Yes|No|N/a| ||||||||✓| |**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts||||Yes|No|N/a| ||||||✓||| |**Provisions for liabilities**|A liability is measured on recognition at its historical cost and then subsequently measured
at the best estimate of the amount required to settle the obligation at the reporting date||||Yes|No|N/a| ||||||✓||| |**Basic financial instruments**|The charity accounts for basic financial instruments on initial recognition as per paragraph
11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,
FRS102SORP.||||Yes|No|N/a| ||||||||✓| |**2.4 ASSETS**|||||||| |**Tangible fixed assets for**
**use by charity**|These are capitalised if they can be used for more than one year, and cost at least||||||| ||They are valued at cost.||||Yes|No|N/a| ||||||||✓| ||The depreciation rates and methods used are disclosed in note 9.2.||||||| |**Intangible fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody or
legal rights. The amortisation rates and methods used are disclosed in note 9.5||||Yes|No|N/a| ||||||||✓| ||They are valued at cost.||||Yes|No|N/a| ||||||||✓| |**Heritage assets**|The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
technological, geophysical or environmental qualities that are held and maintained
principally for their contribution to knowledge and culture. The depreciation rates and
methods used as disclosed in note 9.6.1.4.||||Yes|No|N/a| ||||||||✓| ||||||Yes|No|N/a| ||They are valued at cost.||||||✓| |**Investments**|Fixed asset investments in quoted shares, traded bonds and similar investments are valued
at initially at cost and subsequently at fair value (their market value) at the year end. The
same treatment is applied to unlisted investments unless fair value cannot be measured
reliablyin whichcaseitismeasured at costlessimpairment.||||||N/a| ||||||||✓| ||Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments||||Yes|No|N/a| ||||||||✓| |**Stocks and work in**
**progress**|Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.||||Yes|No|N/a| ||||||||✓| ||Goods or services provided as part of a charitable activity are measured at net realisable val
based on the service potential provided by items of stock.|||ue|Yes|No|N/a| ||||||||✓| ||Work in progress is valued at cost less any foreseeable loss that is likely to occur on the con|||tract.|Yes|No|N/a| ||||||||✓| |**Debtors**|Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.||||Yes|No|N/a| ||||||✓||| |**Current asset investments**|The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as theyfall due.||||Yes|No|N/a| ||||||||✓| ||||||Yes|No|N/a| ||They are valued at fair value except where they qualify as basic financial instruments.||||||✓| ||||||||| |**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**|||||||| ||||||||| ||||||||| ||||||||| ||||||||| |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**| |---|---|---|---|---|---|---| |**Note 3**|**Analysis of income**|||||| ||**Analysis**|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**|**Prioryear**| ||||||**£**|**£**| |**Donations**
**and legacies:**|Donations and gifts|-|-|-|-|-| ||Gift Aid|-|-|-|-|-| ||Legacies|-|-|-|-|-| ||General grants provided by government/other
charities|-|-|-|-|-| ||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|| ||Donatedgoods,facilities and services|-|-|-|-|-| ||Other|-|-|-|-|| ||**Total**|-|-|-|-|-| |||||||| |**Charitable**
**activities:**|Theatrical production|89,249|-|-|89,249|103,512| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|89,249|-|-|89,249|103,512| |||||||| |**Other trading**
**activities:**|Programmes|2,372|-|-|2,372|1,961| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|2,372|-|-|2,372|1,961| |||||||| |**Income from**
**investments:**|Interest income|556|-|-|556|49| ||Dividend income|-|-|-|-|-| ||Rental and leasing income|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|556|-|-|556|49| |||||||| |**Separate**|Theatre Tax Credit|16,589|-|-|16,589|9,497| |**material item**||-|-|-|-|-| |**of income:**||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|16,589|-|-|16,589|9,497| |||||||| |**Other:**|Conversion of endowment funds into income|-|-|-|-|-| ||Gain on disposal of a tangible fixed asset held for
charity's own use|-|-|-|-|-| ||Gain on disposal of a programme related
investment|-|-|-|-|-| ||Royalties from the exploitation of intellectual
property rights|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |**TOTAL INCOME**||108,766|-|-|108,766|115,019| |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|||| |---|---|---|---|---|---|---|---|---|---| ||||||||||| |**Note 6 Analysis of expenditure**|||||||||| |||**Thisyear**|||||**Lastyear**||| |**Analysis**||**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total funds**|**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total funds**| |**Expenditure on raising funds:**|||||**£**||||**£**| |Incurred seeking donations||-|-|-|-|-|-|-|-| |Incurred seeking legacies||-|-|-|-|-|-|-|-| |Incurred seeking grants||-|-|-|-||||-| |Operating membership schemes and
social lotteries||-|-|-|-||||-| |Staging fundraising events||-|-|-|-||||-| |Fudraising agents||-|-|-|-||||-| |Operating charity shops||-|-|-|-||||-| |Operating a trading company undertaking
non-charitable trading activity||-|-|-|-||||-| |Advertising, marketing, direct mail and
publicity||-|-|-|-|-|-|-|-| |Start up costs incurred in generating new
source of future income
||-|-|-|-|-|-|-|-| |Database development costs||-|-|-|-|-|-|-|-| |Other trading activities||-|-|-|-||||-| |Investment management costs:||-|-|-|-||||-| |Portfolio management costs||-|-|-|-|-|-|-|-| |Cost of obtaining investment advice||-|-|-|-|-|-|-|-| |Investment administration costs||-|-|-|-|-|-|-|-| |Intellectual property licencing costs||-|-|-|-|-|-|-|-| |Rent collection, property repairs and
maintenance charges||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |**Total expenditure on raising funds**||-|-|-|-|-|-|-|-| ||||||||||| |**Expenditure on charitable activities:**|||||||||| |Theatricalproduction||118,583|-|-|118,583|100,213|-|-|100,213| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |**Total expenditure on charitable**
**activities**||118,583|-|-|118,583|100,213|-|-|100,213| ||||||||||| |**Separate material item of expense**|||||||||| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |**Total**||-|-|-|-|-|-|-|-| ||||||||||| |**Other**|||||||||| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |**Total other expenditure**||-|-|-|-|-|-|-|-| |
**TOTAL EXPENDITURE**||118,583|-|-|118,583|100,213|-|-|100,213| ||||||||||| ||||||||||| |**Other information:**|||||||||| ||||||||||| |**Analysis of expenditure on charitable activities**|||||||||| |||**This year**|||||**Last year**||| |**Activity or programme**||**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**
|**Support Costs**
|**Total this**
**year**|**Activities**
**undertaken**
**directly**|**Grant**
**funding of**
**activities**
|**Support**
**Costs**
|**Total last**
**year**| |||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| |Theatricalproduction||115,324|-|3,258|118,583|97,657|-|2,556|100,213| |||-|-|-|-|-|-|-|-| |||-|-|-|-|-|-|-|-| |**Total**||115,324|-|3,258|118,583|97,657|-|2,556|100,213| ||||||||||| ||||||||||| ||||||||||| |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|| |---|---|---|---|---|---|---| |||||||| |**Note 9 Support Costs**||||||| |**_Please complete this note if the charity has analysed its expenses using activity_**
**_categories and has support costs._**||||||| |**This year**||||||| |**Support cost**|**Raising funds**|**Activity 1**|**Activity 2**|**Activity 3**|**Grand total**|**Basis of allocation**| ||**£**|**£**|**£**|**£**|**£**|**(Describe method)**| |Governance|-|2,940|-|-|2,940|| |Postage and phones|-|63|-|-|63|| |Subscriptions|-|255|-|-|255|| ||-|-|-|-|-|| |Other|-|-|-|-|-|| |**Total**|-|3,258|-|-|3,258|| |||||||| |**Last year**||||||| |**Support cost**|**Raising funds**|**Activity 1**|**Activity 2**|**Activity 3**|**Grand total**|**Basis of allocation**| ||**£**|**£**|**£**|**£**|**£**|**(Describe method)**| |Governance|-|1,800|-|-|1,800|| |Postage and phones|-|6|-|-|6|| |Subscriptions|-|750|-|-|750|| ||-|-|-|-|-|| |Other|-|-|-|-|-|| |**Total**|-|2,556|-|-|2,556|| |||||||| |**_Please provide details of the accounting policy adopted_**
**_for the apportionment of costs between activities and_**
**_any estimation techniques used to calculate their_**
**_apportionment._**||||||| |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**| |---|---|---|---|---|---|---| |||||||| |**Note 10 Details of certain items of expenditure**||||||| |**10.1 Fees for examination of the accounts**||||||| |**_Please provide details of the amount paid for any statutory external scrutiny of accounts_**
**_and other services provided by your independent examiner. If nothing was paid please_**
**_enter '0' in the appropriate box(es)._**||||||| ||||||**This year**|**Last year**| ||||||**£**|**£**| |**Independent examiner’s fees**|||||540|480| |**Assurance services other than audit or independent examination**|||||-|-| |**Tax advisory fees**|||||2,400|1,320| |**Other fees (for example: financial advice, consultancy, accountancy services) paid to the**
**independent examiner**|||||-|-| |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**| |---|---|---|---|---| |**Note 19 Debtors and prepayments**||||| |**_Please complete this note if the charity has any debtors_**
**_or prepayments._**||||| |**19.1 Analysis of debtors**|||**This year**|**Last year**| ||||**£**|**£**| ||||-|-| |**Trade debtors**|||-|-| |**Prepayments and accrued income**|||2,028|-| |**Other debtors**|||-|-| |**Total**|||2,028|-| |||||| |**_Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date._**||||| |**19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**||||| ||||**Thisyear**|**Lastyear**| ||||**£**|**£**| |**Trade debtors**|||-|-| |**Prepayments and accrued income**|||-|-| |**Other debtors**|||-|-| ||||-|-| |**Total**|||-|-| |||||| |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**| |---|---|---|---|---| |**Note 20 Creditors and accruals**||||| |**_Please complete this note if the charity has any creditors or accruals._**||||| |||||| |**20.1 Analysis of creditors**||||| ||**Amounts falling due within**
**oneyear**||**Amounts falling due after**
**more than oneyear**|| ||**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**| ||**£**|**£**|**£**|**£**| |**Accruals for grants payable**|-|-|-|-| |**Bank loans and overdrafts**|-|-|-|-| |**Trade creditors**|-|-|-|-| |**Payments received on account for contracts or**
**performance-related grants**|-|-|-|-| |**Accruals and deferred income**|540|480|-|-| |**Taxation and social security**|-|-|-|-| |**Other creditors**|-|-|-|-| |**Total**|540|480|-|-| |||||| |||||| |**20.2 Deferred income**||||| |**_Please complete this note if the charity has deferred income._**||||| ||**Thisyear**||**Lastyear**|| |**_Please explain the reasons why income is deferred._**||||| |||||| |**_Movement in deferred income account_**|||**Thisyear**|**Lastyear**| ||||**£**|**£**| |**Balance at the start of the reporting period**|||-|-| |**Amounts added in current period**|||-|-| |**Amounts released to income from previous periods**|||-|-| |**Balance at the end of the reporting period**|||-|-| |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**| |---|---|---|---|---| |||||| |**Note 24 Cash at bank and in hand**||||| ||||**Thisyear**|**Lastyear**| ||||**£**|**£**| |**Short term cash investments (less than 3 months maturity date)**|||-|-| |**Short term deposits**|||65,469|50,725| |**Cash at bank and on hand**|||43,946|70,475| |**Other**|||-|-| |**Total**|||109,415|121,200| |**Section C Notes to the accounts (c**|**Section C Notes to the accounts (c**|**Section C Notes to the accounts (c**|**ont)**|**ont)**|**ont)**|**ont)**|**ont)**|**ont)**| |---|---|---|---|---|---|---|---|---| |||||||||| |**Note 27 Charity funds(cont)**||||||||| |**27.2 Details of material funds held and movements during the PREVIOUS reporting period**||||||||| |**_Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should_**
**_reconcile to 'Total funds' in the blanace sheet._**||||||||| |**_* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted in_**|||**_come funds, including special trusts, of the charity; and U - unrestricted funds_**|||||| |**Fund names**|**Type PE, EE R**
**or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Transfers**|**Gains and**
**losses**|**Fund**
**balances**
**carried**
**forward**| ||||**£**|**£**|**£**|**£**|**£**|**£**| |General fund|UR|General Fund|104,359|115,019|- 100,213|-|-|119,165| |Wilkinson Hope Fund|UR|Designated fund to further the development of
the skills of its members in all aspects of
musical theatre production|1,555|-|-|-|-|1,555| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| |**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds**|||105,914|115,019|-100,213|-|-|120,720| |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**| |---|---|---|---|---|---|---|---| |**Note 28 Transactions with trustees and relatedparties**|||||||| |**_If the charity has any transactions with related parties (other than_**
**_transactions should be provided in this note. If there are no trans_**
**_are transactions to report._**|||**_the trustee expenses explained in guidance notes) details of such_**
**_actions to report, please enter “True” in the box or "False" if there_**||||| ||||||||| |**28.1 Trustee remuneration and benefits**|||||||| |**This year**|||||||| |**None of the trustees have been paid any remuneration or received**
**with their charity or a related entity (True or False)**|||**any other benefits from an employment**|||**FALSE**|| ||||||||| |**_In the period the charity has paid trustees remuneration and bene_**
**_remuneration or other benefitspaid to a trustee by the charity or a_**|||**_fits. Please give the amount of, and legal authority for, any_**
**_ny institution or company connected with it._**||||| ||||||||| |**Name of trustee**||**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**||||| ||||**Remuneration**
|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**| ||||**£**|**£**|**£**|**£**|**£**| |Mark Harris||Trustee resolution|500|-|-|-|**500**| |Jill Beckett||Trustee resolution|2,000|-|-|-|**2,000**| |Christine Minott||Trustee resolution|250|-|-|-|**250**| ||||-|-|-|-|**-**| ||||||||| |**_Please give details of why remuneration or other employment_**
**_benefits were paid._**|||||||| |**_Where an ex gratia payment has been made to a trustee, provide_**
**_an explanation of the nature of the payment._**|||||||| ||||||||| |**Last year**|||||||| |**None of the trustees have been paid any remuneration or received**
**with their charity or a related entity (True or False)**|||**any other benefits from an employment**|||**FALSE**|| ||||||||| |**_In the period the charity has paid trustees remuneration and bene_**
**_remuneration or other benefits paid to a trustee by the charity or a_**|||**_fits. Please give the amount of, and legal authority for, any_**
**_ny institution or company connected with it._**||||| ||||||||| |**Name of trustee**||**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**||||| ||||**Remuneration**
|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**| ||||**£**|**£**||**£**|**£**| |Mark Harris||Trustee resolution|3,000|-|-|-|**3,000**| |Jill Beckett||Trustee resolution|100|-|-|-|**100**| |Christine Minott||Trustee resolution|250|-|-|-|**250**| ||||-|-|-|-|**-**| ||||||||| |**_Please give details of why remuneration or other employment_**
**_benefits were paid._**|||||||| |**_Where an ex gratia payment has been made to a trustee, provide_**
**_an explanation of the nature of the payment._**|||||||| ||||||||| |**28.2 Trustees' expenses**|||||||| |**_If the charity has paid trustees expenses for fulfilling their duties, details of such_**
**_there are no transactions to report, please enter “True” in the box below. If there a_**|**_If the charity has paid trustees expenses for fulfilling their duties, details of such_**
**_there are no transactions to report, please enter “True” in the box below. If there a_**|**_If the charity has paid trustees expenses for fulfilling their duties, details of such_**
**_there are no transactions to report, please enter “True” in the box below. If there a_**|**_If the charity has paid trustees expenses for fulfilling their duties, details of such_**
**_there are no transactions to report, please enter “True” in the box below. If there a_**|**_transactions should be provided in this note. If_**
**_re transactions to report, please enter "False"._**|**_transactions should be provided in this note. If_**
**_re transactions to report, please enter "False"._**|**_transactions should be provided in this note. If_**
**_re transactions to report, please enter "False"._**|**_transactions should be provided in this note. If_**
**_re transactions to report, please enter "False"._**| |---|---|---|---|---|---|---|---| |**No trustee expenses have been incurred (True or False)**||||||**_FALSE_**|| ||||||||| |**Type of expenses reimbursed**||||**This year**||**Last year**|| |||||**£**||**£**|| |**Travel**||||-||-|| |**Subsistence**||||-||-|| |**Accommodation**||||-||-|| |**Other (please specify): Production costs**||||1,783||1,322|| |||||-||-|| |**TOTAL**||||1,783||1,322|| ||||||||| |**Please provide the number of trustees reimbursed for expenses or who had**
**expenses paid by the charity**||||**5**|||| ||||||||| |**28.3 Transaction(s) with related parties**|||||||| |**_Please give details of any transaction undertaken by (or on behalf of) the charity i_**
**_including where funds have been held as agent for related parties. If there are no_**
**_provided._**||||**_n which a related party has a material interest,_**
**_such transactions, please enter 'true' in the box_**|||| |**Thisyear**|||||||| |**There have been no related party transactions in the reporting period (True or False)**||||||**_FALSE_**|| ||||||||| |**Name of the trustee or**
**related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**||**Amounts**
**written off**
**during**
**reporting**
**period**| ||||**£**|**£**|**£**||**£**| |**Paul Minott**|**Spouse of**
**trustee**|**Honorarium as Stage**
**Manager**|**500**||||| ||||||||| ||||||||| ||||||||| ||||||||| |**_In relation to the transactions above, please provide the terms_**
**_and conditions, including any security and the nature of any_**
**_payment (consideration) to be provided in settlement._**|||||||| ||||||||| |**_For any related party, please provide details of any guarantees_**
**_given or received._**|||||||| ||||||||| |**Lastyear**|||||||| |**There have been no relatedparty transactions in the reporting period(True or False)**||||||**_FALSE_**|| ||||||||| |**Name of the trustee or**
**related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**||**Amounts**
**written off**
**during**
**reporting**
**period**| ||||**£**|**£**|**£**||**£**| |**Paul Minott**|**Spouse of**
**trustee**|**Honorarium as Stage**
**Manager**|**500**||||| ||||||||| ||||||||| ||||||||| ||||||||| |**_In relation to the transactions above, please provide the terms_**
**_and conditions, including any security and the nature of any_**
**_payment (consideration) to be provided in settlement._**|||||||| ||||||||| |**_For any related party, please provide details of any guarantees_**
**_given or received._**||||||||