(Charity Number.. 1194657) REPORT AND FIP4AACIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2025
1927 PRODUCTIONS UMITED INDEX Pag• Ttee5. reptyt IrKlependent examinerfs rewt Statement of fknarKlal actMII Balance sheet Notes to the finanoal slalements 14
1927 Productlons Llmlt•d Tru8ts05 for th• Y•ar Endod 31 IAar¢h 2025 Vl•lon a Ml88lon 1927 wasfounded kn 2005, launthed in 2007 and leg hK4xp)rated as 1927 Productlons Limiled. a company lThited by guaraniee, in 2011. In 2021, 1927 bec a regisiered thwity, wrth Iha B0d of Directors as founding Trustegs. Our Vl•lon is to.. CREATE wiklly inn¢)valive. access)18. and relevanl thealJKal experiences L¥)rrt>ining animation. storytelling. music, and live perfoM)ar. OFFER artists, Par1pants. C(mnmty gr(xJp5 and audi8nces' ]ue opportun.8$ for creative engagem( exploration. le8ming. devekjpment, and dlsL7)very. BE one of Ihe nation's leading arti51-led p8rfrne (%¥PleS on th8 stage. From our hornes in Margate London our m188lon is to use all Ihe weapons in our creatlve armoury- slorytelllng, animation. perfOance, Mus. and digital innovation- to Identify. listen to. o)nneGt and collaborate wtth eXPh'OnaIty talented artists. tea¢ers. yOg peopl8 and at¥Jience$ to expand our cdlective creative hyizorts. ffans of seff-expressiw and eroagenwnt with the worfd around us. Managoment & GOrnan 1927'$ MemOrarKm & Artides rAAssodatlon set out our charllable purpose and h(yw we are gDV8m8d and led. The Articles detsil responstrflities. powers and delegated authorities of th8 Board and Leadership. Trustees are responslble for ensuring 1927 ts wel goverrd. s(tin158d and hekl to account - providing strategK18adwship. MC110nng financial Strategy and risk, authorising stakeholder tatiOnships, addressing succession planning and ensurfng 1927's pyogramme and operational OblallOnS are well managed. As part of this. the tKJard of Ttee3 approve and annualty refresh a suite o19)vemance and procedural documents and Organisation policies. Trustees meet 4 times a year. indthfjing 1 AGM. L•ad&rnhlp & Op•ratlons The Trustees delegate leadershlp of 1927 lo the ExerArti¥e team. comprkled of 3 Arlislc Directors and Executive Produc£r. 1927's 8tsff team also indudes a BcK)kkeeper and Creative Studio Assistant. 1927 regularly CAJllaborates with specialists, c(sUItants and a p)ol of Creative Assocrate5, 5x0dL0n, edwation. and performance spe(aalists engaged to $upport delNery of o(r artistiG programme. 1927 is based in Thanet with a Studio located in Cliftonvllle, Margate. an office in Lorthn. Prngramm• of Actlvlty. CharltabloA¢U¥ltl•• 1927 pursues its Vision and carri8S Out its Miss#)Tr. 1hr delN8ry of 4 intffllinked Artlsllc PJ[aMMe slrands-. Llv• Porfornianco: 1927 shryws are exhilaratkng h'd experIee$ that place rfigltsl o)ntent al tho heart of the theatrical evenL Created thrOh a unique colaboratK)n betw live & digital aSts. shows are crafted through exi8ndéd creative prcrtessos, made wth UK & Intematnal coroduc8rs, hav8 historicalty played in repertclre & tour extensivety across the UK and globalty. with exiensive public r8ach across toutlng Ilves. Cr•allvg Engag•mont: We want to Ike dmklren and peO'S imaginalions. fwl their curioslty, develop ther creativty, and inueage cultural CapiL. 1927s creatfve engagemenl a¢tivltles help us to do this by ins&Nring the n8Xt (¥ealive gene¢ation and future audien$. Talent D•vg1opm•nt: Through our Artbsl Support Activities. we seek lo share knowledge, skils & netsvorks with peers: provide opp)rtunlty, invest In. enN)ower. and open pathway5 for emerglng arts profes5iona15 inthding IPv)se who rn11 expeiwKe barriers to th8 arts. CoTripany Registrath'on No: 07555968
1927 Produdlons Llmltsd TN8te8• Roport for th• Yow Endod 31 Ilarch 2025 Anlmated Worlds Idlgltal) acts¥liles: 1927's WO Is a c4)mplek filon ofthe live and digital. 192fs Animated Worlds activtbes see us take thls one step fLHth8r to extend our reach by dlstributing caplured cxntent, developing oriwnal dhlal ¢reatr ry)nlent. aThJ sharing wtive lewning resowces digitally- Koy A¢h1MOnts and Roach Aprll 202Mw¢h 2026 Naw thtre show- Pleas• rfght back In 2024 we created and premiered a new theatre prothKtiM Please light back, touring to 10 ¢ilies across the UK- C8nterbury, Edlnburgh. Oxford. Newcasue. Exeler, Leeds. Derby. C¢)venty, Brighion over a 6-monlh period ¢ulminatirvJ in a Christmas season of 20 perfOanceS at the Southbank Centre London. The tour fW us rrform the prothclion 81 times. ffjaching 13.684 aLwJlen$. We also presented 10 wrap around wortshops and talks in 8 of the (Ities toured to, reathiNJ 1.052 pathipants. 71 Creatives and prtsjuction persomel were engaged on the proje< with SW• of the wciect costs were spfrnt dire¢Uy on fees for Crea¥8 and wCrflIi0n tearr. Tourlng theatr• show- Roots In January we loured to Japan. thare we present 3 perfomwces of Roots at the Mus8um of Art. K¢Jchi reachkng 598 people, alongside 4 WkShopS for families at the Museum and young people at a local Art School in Ko¢hl reaching 154 parliclpants. Owra produ¢llons During 2023124 we con11nLd to present repertth s&3sons of 4 Productions of The Megk Flute in Copenhagen. B&rfin. Stuttgart and Warsaw. Two new productions of Tre MagK Flute m(wnled and wesenbj in Seattle San Franusco in the United Stale$. A new prOdtIon of Tales of Hofftmn twn rehearsals at Deutsth Oper Rhekn. Produ¢tlon Loctlon Audlgnc• Rea¢h 13,684 Please rlght back Cantert)ury Edinburgh Oxford Theatre rAoductvJn- UK To 81 Exeter Leeds Derby Coventy ion Museum of lQ>chi, Japan Roots Repertoire Tour The Magic Flute Seattle O era. USA San FranGisco O ra. US R¢)yal Danish Opera. en. Denmark Komische C¥)8r Berlin. GernnY New Production New Production Rep8rtoire revival 20.880 26.400 7.600 Repuirywe revr¥al 4,320 stu art State O . Germa Polish National Opera. Warsaw, Poland Re ire revival Rewlowe revival 11.800 8.090 Totsls 127 Conyany RegIr*I0 No: 07555968
1927 Productlons Llmlt Tru8ts08 Report for tho Yoar Ended 31 PAarch 2025 .' CrnaUv• Eng•gemont Actlvlu We dellvered particpati¢)n actlvlties invomng 945 pec induding chillren yOg peop across key ti(ipatory activiiies. induding: Young Anlmation Loadorn: T05$ the 2024r25 Sclthl year we worked with Laleham Gap Primary and S8cornlary School. a Foundation S1Cla s(thool spedalSslry in SUFQOrtin9 thldren wlth Autism and speech and larKJuage diffiGulkn'es and where 100% ofpupils have an Educats'onal Health Care Plan {EHCP). 1927 has been delivering a weew term tin programm8 SUPPOrtlng children and young people to develop creative expertise. S11$. leamirvJ and attainmant and collaborating with teachers to buikl skills to support an orwing anwnalion making offer wlllin the school going forwards. Additional YALS Se10n$ delNered in ParksKle Primary aThJ St Mildreds Infant Schools in East Kent. PRB 'Orblt' acllvltlos: We uThJerto¢ and delivered a range of ¢dlatrAxations and crealive activities focussed M clldren aThl young peoFle inyathl by having a family member in prlson. Activitires included: Collabor8ting with Edinburgh Intemational Festival. HMP BarlinnKg. HMP Slirflng, Scottish Pnson SeThi¢e and Edinburgh College of Art studerts to deliver a creative working wlh inmate$ and theirfamilb8S on a creative project Inspired by cwrtheatre show Ple iyghtback. Conlrlbutsng to a series of panels and discJJssions expkning Arts and Health as part of the Healing Arts S¢oUaThl Week. cled by Scottish Ballet and the Jameel Arts Lab collaboraUon vrith the World Health OryanisatKm. Collaborating with Chikjren Heard and Seen. aThJ thiklren families imP0d by parental imprisonment h and around Oxth. Ilargate Work$hops. Scr•enlng6 and tslks: We ran animabon Wo$1 ts chiklrén and familtes, alongside an installation, screenings tak actNiis in cdlaboration with ARK Clfftonville and Hartsdown School. Talont 0ov•lopnwnt A¢ross the year we participated in Series of lalks and wofftslvJp activilies for Artists and PTaGtitloners. We hosled paid intemshlp opportubkns for students and young people interegted kn exploriThJ Greative reeTs. We provided at least 2 paid perfomiance opportunibe5 for emerging and aspiring young perfonerS urKl8r tho age of 23 n each city we toured to with Please right bac& invofving 35 performers a¢ross 10 cities. 8upportlng Llvollhood• Across our combined aclivitl8s aLYoss the . 1927 spent 71% of expendlture dlrecuy on ry88tiV8 and Fffoduclbon team fees. A further 24% of ouroverall expeThJiluTe forthe yearwas spenton prc#Yu¢tion and project costs for our AJ1i$tic Programme and the rPIn9 5% al ¢)ther ¢(ryany costs. Flnanclol R•vlow Flnanclal Posltlon 1927 oper8te$ a buslness model drav•ryng incomè from wblic bcxgles. fvndrai$irwJ and earned sourcas. In the YE 2025 fvnding reprewts 32% of our tumover arKI ened ncome 68%. These Accounts show a tumover of £784,688 represenlkng an increase of 26.4% on our YE 2024 AceJ)unts. Through dgorou5 and robust fjnwcl PtanrK & monlhty, quartorty. and annual repjrtlng {Manag8m8nt Accounts, Cashflows. Bjgets. ALvJited A¢¢wnts monitored and approved by th& Trustees), maintaining Irtsurances arxl reserves to proted our assets and aCtbVis, contmgency plans and funds, strong govemance, leadership and rfgorou81y efficient finan¢ial management the or¢Janisation contlnues to manage and mf(igate risk. At the end of the year. we held Cash of £396.366 of7Athlch £28. are restriGted funds. £121,352 Oesignated funds. £154.645 Unrestrhd funds arKI £91.869 reser4e fmds. Company Registration No.. 07555968
1927 Pmductlons Umlted Tru•to08 Roport for Yo•r End•d 31 Mwch 2025 Fundr•l$lng 1927 has been an Arts coun EnglaThl National Porlfckn (n1$alb)n SIn 2018. A further 3-year fimdlng agreement for period 2023-2026 was secured and extenslon year fundng until Marth 2027 has been confinned, underpiming organisalionai stablity gowig fopwards. In the year ended Marth 2025, £28.872 was raised through donations and charitabl8 grants. Strategic fUndraiSfj support and a refreshed Fundraising Strategy will gUe us through our dIV31fyryg our Ire and wocurir¥J resource towards our charitable actlvities as we move forwards Ros8ms Poliey Our Reserves Policy 1$ based on maintaniry 3 of opualyo cthts. core fee5 and salarles lo underpin our capaclty to drive loardS statrilty. At the year erKI. £91.869 ara carried fmvards designated as reserves to maintain this po in aCCordce wilh the operating bget for the year ended March 2026. MI other unrestricled funds are for use for programme delivery wilhin Ihe current andlor future years. Rhk8 A solld ganL$0tional struclwe, strong governa8. execufve leam. ar#J expertise at all leveL8 has ensured risk is managed effeclivety. We fully conslder approaches to risk mitigalion, monltorfng. and management as part ofour ongoing practict. Awareness ofrisks and risk as partofouron-going practice is imbedded across all activitles and a Risk Register is developed on an annual basls and rèviewed arml monitored by the Trustees. Reserve funds lurther underFMn Ihe ovJanisatw)ns Caty to drive fon¥ards bmth stabilty and to nimise rf$k. Equlty. Dlvornlty & IlUsIon Equity. indusion, access & opwtunty for all slts at Ihe u)re ofevuythiw we do. We strpie for equalty. equty and diversity in all areas of our Thtive prcJramme, opeTalM?ns and reach. In wrsult of Ihls we have implemented a te-bound d81ivery plan for the year to gLMle us through a process of inplementalion. ¢hange and improvement to support our deYdopmenL indusrle practirM across the leadership of the orgaDl$ation and ptay our pt in contrirt to a 4Uitable. diverse. and inclusive arts soctor. Safoguardlng 1927 is commtrted lo woledwig the ol chiklren ar¥J ¥ulnwabl8 adums. We believe that everyone has the ri1 to Ilvo and woth free from abjse of any knd. We consider tt respon5ibilty to keep chlldr8n and vulnerable adults safe. and we are commitled to protectiTrJ children and vulneratle adults In all of our 8Ctiviti&s and provldlng a safe and supportive place toth. Our Safeguarding Policy has been developed in accordance this commltment and the reqwements a1 pruhiFIBS of stsw lelation. Futuro Over th8 comlng year 1927 wlll continue to pursue its and carry out fts Mlssh)n. through dellvery of key Artistic programme a.¥e$. Plans inthde: Premiere and present a new opera wjuc1h ol Tales ol Hoffman with Deutsch Opera am Rhein in Dusseldorf. Germany. Mount new productions of The Magic Flutewlth San Antonlo Opera In Texas and Norwegian Opara In O$lo. alongstde rerto1re seasons at 2 opera h¢xws in Dusseldorf and Stullgart Dellver a 1927 Young knimatk)n Leaders Fwfamffle wilh 2 Thanet Pthiary and Secondary S¢*ools. Undertake a 1927 Creative Residency at ARK_ Cliftonville Cultural Space showcasing an animated insiallalion created ty wtiapants of 1927s YALS programme alongside scJ)ools' viewirrfJs. publlc exhibiti'on workshops. Collabordte a Kent Prison to detNer a Kerrt Prisorts Stoiies Project to support and strengthen connectlons between incarcerated parents and theff thlldren families. Dlsseminattyjn of dwJital caplures. (¥eated content and dqilal leamlng trKJls. Company Registration No: 07555968
1927 Produdlon¥J Umlt•d TN•t•o8 R¢port for th• Y•ar End 31 March 2025 Nelworf( Parttclpatlon and lership in a of kxal. reglonal. national and iitsmational peer partnerships alor networks deliveriry sector suppjt and advocacy for artists and young people. Undertake Flanning arKI develownenlal wc¥k to shape w Fuiwe T¢)uring FKogramme. UThJertake c[eatr R&D loWts evolvirwJ and Seed¥ Fuiwe creative projeds and actNilRs. Conwany 08veloFMnent Across the coming year we wdl undetske a I8S8d of strategic c4¥nY development undertaken by 1927's Leadership, staff and board in colabora1 7Afjth extemal specialists and advisors towards mje111n9 new 5 Year Plan and tinplementing refreshed (ximpany stsffing and govemance structures as we move foThvard$ towards the Companies 20th knniyeary li 2027. As part ofthis F4an, 1927 1 target supplementary fundraisirwj & revenue generating opp(xtunilies to SUPPLYifman¢W sustaw)lty. roved by the board ol trustees on signed on ils behalf ty.. H¢nry Long Trustee Registwed charity number: 1194657 Company Registralion No: 07555968
1927 PRODUCTIONS UMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF 1927 PRODUCTIONS I report on the accounts for the trustees my examinalion of the ac£ounts of 1927 Prothjctions for the year ended 31 M1 2025 as 8 on pages 7 to 14. R•sponslb1lltl and basi8 of rnport As Ihe tharity trustee are reSwI for the preparallon of the accoLmts in accordaFKe with the Charities Act 2011 (the Acl). I report in respect of my examination of the Chari8 accounts carried out mder se(on 145 of the 2011 Act and n carng out ry examination I have followed all the appll¢able Otrectis given by the Charfty Commission der section 145(5)(b) of the kt. Indopondonl ExamSnefs Statement I have completed my examination. l <x)nfkni that rK) malerial malters have come to my attenlw)n in connectlon with the examlnation which gives me cause to beleve that kn Y maletsl rAct. The a¢cy)unkng records were not kept in aCcd 1th sectkn) 130 of the Pd. or The a¢Unts dld nol a¢o)rd ith the acxounting rerths: or The actsjunts did not comply with the aFable r(mIng the forni and content of accounts set out in the thariknes {Accounts ReF$) Rewlations 2008 other than any requffement ihat the accounts give a true and fair view tiich is not a matler 0xidered a$ part of an independent examination. I have no concerns and have Lsjme across rK* matters in contion wilh the exarnination to whith attention sh)uhd be drawn in Ihl$ report in QTder to enable a FXOP8r understarKling of the aGwunts io be reached. Arvyi Assani FCCA CTA Nunn Hayward LLP Chartered Accounlants 24 Par&horse Road G&rrards Cross Buckinghamshire SL9 7QE Dated: O C(xnpany Registration No.. 07555968
1927 PRODUCTIONS UMITED STATEMENT OF FINANCIAL ACTMTIES IINCLUDING INCOME AND EXPENDrruRE ACCOUMD FOR THE YEAR ENDED 31 klARCH 2025 unrostrfc ftostrlct•d Total Fund• Funds Funds 2025 2025 2025 Unréstrlcl•d Funds 2024 INCOME AND ENDOWMENT8 Donations and legac$ Inwmo from thariiable activities Other trading a¢bviti8S (Xher income 372 28,5 28.872 598.555 1.357 611.361 157261 157,261 7,662 TOTAL INCOME 756,188 28.5(Kl 784,688 620.860 EXPENDITURE Expenditure in charltable ac1fvi8s Cost of artistlc prc*Jramme 735.075 14.027 749,102 480.835 TOTAL EXPENDrruRE 735,075 14.027 749,102 480.835 NET INCOMEI(EXPENDITUR• FOR THE YEIRINET MOVEMENT IN FUNDS 21.113 14.473 140,025 Fund balanc brougbl forward 15 247.699 64.996 312,695 172,870 Fund balane•s earrled foThv•rd 15 268.812 79.469 348,281 312,695 The statement of financral actmtses incbjdes al gairts and losses rerA4nised kn th8 yaar. All Income and expenditure is derived from conkn'nLing acbvibes. The teS on pages 9- 14 form part of Ihese fknanual ststements. Company Registration No.. 07555968
1927 PRODUCTIONS UMITED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 FIXED ASSErs Tangible assets 11 43250 57.666 CURRENT A88Ers Debtors due on8 ye Cash at bank arvj h hand 12 13 9,911 398.824 408.735 CREDITORS - Amounts falllng duo wlthln ono year Creditors and aCcrtls 45.413 14 141378 153.706 NET CURRENT &SSErs 305.031 255.029 NET AS8Ers 15 348.281 312.695 Restricted funds Unresth'cted funds 15 15 79.469 268.812 64,996 247,699 TOTAL CHARITY FUNDS 15 348.281 312.695 The trustees a¢knOe]e I1r $[m)nsill11eS for. {a) ensLKing that the cnmpany keeps accountirwJ re¢¥yds cJ)mply wfjlh Sectlorts 386 and 387 of Ihe Companies 2CM)6.' and preparing financial statements a tru8 WKI fair view of the State of affairn of the ¢ompany as at the end ol ea(* finandal Jtar and of its profit or loss for each finandal year in acconlance Ihe requirments of Se(AK)ns 394 and 395 and which otheThwise comply wlth the requkemenls of the Comp¥ kt 2{ relaknng lo ffinancJal statements so far as appli(aNe to the ClnpanY. (b) The company is entthd to exemption from autht under Wion 477 of the COMleS Act 2006 relating lo all companies for the >E8r ended 31 March 2025. The trustees have rt required the c<Jmp8ny trj audit ol its financial statements for the year ended 31 March 2025 in aC¢1)rd with se¢li(ffj 476 oflhe C(Mnp•ies 2CII6. The fnan(Jal statements have been prepared in ac(x)rdance wilh the pyo535 appknble to compani8S subcL to the smam eompanles. reglme. Pwroved by the tx)ard of trustees on 4k Inr ttkn arwj swd ¢)n Its behalf by. The notes on pag8s 9. 14 ffmi pat of Ihese finala7 slatements. Company Registralion No: 07555fA8
1927 PRODucnoNS UIAITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 STATiifoRY INFORMATION The 1927 Produd¥) is a regisiered charity (number 1194657) conslibjled under deed of trust, domiciled in Ihe UK and a puL4ic tenefrt 8nW. The wincipal office is 72 Northdown Road. Mar9ate, CT9 2RL. The acGounts are presented In £ SlerllThJ a1 roundod to the Wdrest £1. STATEMENT OF ACCOUNTr4G POUCIES The accnting policies adopted. jLvJ98ments and key SreaS of estimati un¢ertanty n the preparation of the financial statements are as fckn: Z1 Basls of prop•ratlon The finan(aal statements have been rrfepaO in actordance Ylth AcLounting and Reporung by Charities.. Stslement of Re¢nrnded Practic8 appliGable to thaiities preparing their accounts in accordance the Finanrjal ReporfiNJ Standard atfAicable in the UK and Reput41¢ of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS 102)). Charities Act 2011 and Unlled Klngdorn Generdlly Accepted PriCe as it appltes from 1 January 2019. 1927 ProduGlion5 meets the dein of a public b8n8fft entity under FRS 102. Assets and liabilities are initially recognised at hislwl cost or transactM)n value unless oth8p158 slated in the relevant accowrtiig polcy rntels). These ffftanclal statements are prepated in an0 •th akwicable tharity law. 22 Golng Concorn At time of appng the fk)ancAal slatements. the chartty has reasonabbe eXptaIlon that li has adequate resource to conknue in operational tence for Ihe foreseeable fuiwe. Thus, continue to adcyt the gowvj concem basis of acclnts In preparlng the finan(aal statements. Incomè Incom#)g resowcts are Miduded Stalement of Financial Activbties (SOFA) when the Charity becomes entiued to the inwme. the TnteeS are virtualty certain they ill receive the ncome aThl the monetary value C4n be m8asur8d with Sufficie rèliablmty. Donations are onty Inchjded SoFAvthen the Chafftl has unwndilKmal entttlement to the resources. Expondltur• Liabilitses are reCed as resoLrn expended as soon 8$ Ihere 1$ a legal C constructive obligalion committiThJ ts charity to the 8xpeThJiiu. Al expeni&ture is accounted for on an a¢¢ruals basls. Charitable adivities We an1$ m to ttmrd porties in the fiJrtPoran¢e of the thariiable objective$ of the tnjst. Govemance costs comprises expendiknre i)cJJrred for 511tU1IaI ar ststrjtw reqjlrements and are Included expenditure th14b1e acU¥ltles. Plant and macinery Fixtures & fittings . 15% redIng bnce basls Company Reglstratlon No: 07555968
1927 PRODUCTIONS LIMITED NOTES TO THE FINANCI STATEMENT8 FOR THE YEAR ENDED 31 MARCH 2025 (contlnuod) Funds Unrestrl¢ted funds {general funds and desIal8d funds) are Ih088 fvnds expendable at thè disuetion of the trustees in accordance Y•ith the charllable oble¢ts. Reslricied ld$ are monies raised for. arml Iheir use rests1 to. a speufic pwpose. or donaUons sul¥ect to donor Ynwsed conditYts. Fornlgn currency translatlon metary assets and liabilities f(Yevw cwrencies are trarr8lated into Pound Sterflng at the rates of eXChge at the bance sheet date. Transactlons in forelgn currenclas are recorded at the rate of exchange ruling at the date of the trsaCtion. Al diffenCeS are taken to the Statement of Financial Athities. Taxation The CoMpY is a regtst charty and. thereth. is not liabbe for In)me tax or 0)rpOrat tax on income dVed from its tharitable activities. as it f thIn ttle varlw$ exempts.ons avalable to wistered charaS rf applied fcy (kirilable wrposes. Flnanclal instrumonts The charity only has fiweial assets and latslties of a knd Ihat qualifies as basic financial instruments. Basic fm8n(ial instruments are fftitialy recognis8d at transaction value aTh subsequenuy measured at am0sed o)sts wng the effecfve Interest metsN)d. Financial assets held at amortised comprfse (ash at be{ aThl other debtors. Fknandal labilities hekl at amortised Gost compnse other creditcrfs. Investments. induding indS held as part d an investment FMNtldio, are hekj at fair value at the bar Sheet date, gans and losses recognlsed valhin incom6 expenditure. 2.10 Grants rn¢olvabl• Grants are rewgnised vthen there is reasonth assurance that the grarrt cfjnditrjrts wll be met and that the grants will be recw. 2.11 Cash and wulvalents Cash and cash aquivalents (15e cash in harnl. awrent and dep)sil S)Unts held at th• bank. 2.12 Judg&monts and ostlmatlon Preparation of the finan(ial statements rewires management to make judgements, estlmates ar•J assumpkn'ons aboul tr* rrying value of assets and h'akmiiknes Ihat are not readily apparent from other sour¢es. The estimates arKI Unlkrfg a5swnp>ns we based on historical eXperiee arKI other that are cLThKiwed to relevanL Actual resums may drffer from these estimates. The estimates and undwfying assumptions reNryewed an on-goirrfj basls. Revlsions to accounting estimates are rewgnised in the period the estimate is revised rf the revision affeds onty Ihal period or in thè perlod of th8 revision and future perlods rf the r8vbsion affeds the current and future pefiods. The key sour¢es of estimation UTrtaInty thal have a significant effect on the amounts recognised in the fina181 slatements are as folknvs: 10 Company Registration No: 07555968
1927 PRODUCTIONS UMITED NOTES TO THE FINANCIAL STATEIAENTS FOR THE YEAR ENOED 31 IAARCH 2025 {contlnuod) DONATIONS & LEGACIE8 2024 Donations Cotyer Fergusscm CT G1 372 28.500 28.872 1.357 1.357 INCOME FROM CHARITABLE ACTivmES 2024 Grant inc4JrM- ACENP UK Creative Engagement Production fees.oynm&BX (INTL) Production f¢es.¢omm&BX (UK) 220,993 2.000 180,131 208.237 611.361 2.657 179.314 195.591 $98,555 OTHER TRADI4G ACTMTIES 2025 2024 DBsk rental OTHER INCOME 2024 Thoalre Tax Relief Sundry Incom? 155.033 7,662 157261 7,662 CHARrrABLE ACTMTIES Costs of artistlc programm8 ProdLKlion, TOLrA. Creative LeamiTrJ & Taknt Development {in¢ludlng artstsc rrt>Ject tses and Myal8$ io core team) 494.)5 304.888 494.SOS 254.597 rheadslAdminislrntiNt costs 175,947 Total charitatle activities 749,102 480,835 All of the *Jo¥e are lnsblubN giv in IWtlW of the tharitys otiects. 11
1927 PRODUCTIONS LIMITED NOTES TO THE FWANCIAL 8TATEMEiifs FOR THE YEAR ENDED 31 MARCH 2025 (¢ontlnu•d) 2025 2024 7.775 3.893 6,961 8232 2,437 1.474 3.359 10.459 3,861 8.941 8.269 S77 747 7,886 1.699 2.952 Storage costs Insurance Fr88iance admini5trali¥e staff cAts Staff training and welfare Post stsllcfftry Travel and subsistence CoThyuler & IT costs D8S Charge M8mb8rship subscripti( Core team fees TrnIng Gosts Sundry expenses 3,737 413 3.341 140.952 203 1.713 73 965 97,908 919 496 7,120 Ac¢ountancy MarketiNJ cost Legal fee$ Cost of fundraishj Depredatlon Advertising and PR EntertaIont Bank (arges 2.267 1,050 14.416 43.181 19,223 576 113 117 254.597 175,947 The Cra11¥& has bèen rnststed to £97. of core le8m e4Jsts £5,601 0ftr1 ond 8ubsistenGe costs from PTryJuGtion. Touriry. Crethe LewniThJ & Talerrt Costs to I)Vertd8 whkh Is knduded In Ihe costs of thg artith on the facé of the SOFA. TRUSTEES. REMUNERATION AND BEP4EFirs No reffluneralion or exper5 wwe to wvlided resyAof the tntstees kn the year ended 31 Marth 2025 rr for the ¥r ermled 31 VArch 2024. 10 ARTISTIC PROGRAPAME COSTS There b8en Co1 adivity for t yaar anded 31 Marth 2025 and 31 March 2024. 12
1927 PRODUCTIONS LIIIITED NOTes TO THE FINcL STATEMEIITS FOR THE YEAR ENDED 31 MARCH 2025 IntInued) 11 FIXED ASSErs Totsl ffl•chiMy •nd frtlwi A# at 1 Ppll 2024 125.137 25.144 150,281 at cost As at 31 March 202S 125.137 25.144 150.281 As at 1 April 2024 Chary• forjwr 68.549 14.147 24.L 92.615 14.418 al 31 March 2025 24.335 107.031 Ao •t 31 March 2025 42.441 43.250 AS •t 31 Mah 2024 1,078 57.666 12 DEBTORS 26 2024 Trade det40 VAT 21.777 192 7,170 21,( 8,174 Olher doblorn 50.043 9.911 13 CASH AT BANK A1 IN HAND Cash at bwk and In 398.824 Cuh at bank •nd In h•id 398.824 14 CREDITORS- AMOUPITS FALU14G DUE WITHIN ONE YEAR 133.695 1.683 119.937 Sodal se¢urlty and ¢)thwta¥es Pan8bn payabla Accm8ts and d¢f¢rrtyJ #Kg¥n¢ 33.475 141.378 153,7( 13 Company Realstrallon No.. 07555968
1927 PRODUCTIONS LWAITED NOTES TO THE HNANCIAL STATEAIEKfs FOR THE YEAR EMDED 31 MARCH 2026 Iconiinuedl 15 ALYSIs OF NEf ASSETS BETWEEN FUIIDS Bthnc• al UnMld¢t•d fvnd•: Deslgnated r•swve8 Arti8tiG [9[aMMe reserve 91.869 155.830 247.699 91,869 176.943 268.612 756.188 756.188 .07S (735.075> ACE C¥wlo1 wnt Co>ler Fergusson Tmst grant {14.027) 50.969 28,SC 79,469 28.$00 28.500 (14.27) at 31 March 2024 31 Al 31 Marth 2025 £41.395 of th¢ flxed assets held rry¥esled by rtstthxed fund8. No other ass I184tieS are represerrted by the reslficted ftmds. Fd dM¢rlpllorr4: UnrgStrf¢tsd fvnds D•signabJ resery•$ Th1$19 dgnated rere¥ as perthe resems Mle 17. Artith programme reserve Thi5 is d•gnated towards the arti prow arA is for 7hilhwi t srL)pe oflho ttsitys gJ¥erning thcument IKn9 fits adnmiwstratvm ACE Capital grant Grant r•ceNed for the purcAse of items ol caytal exp•th. A8 at the ar end, th& luTh uTant has bfjen SFnt on lh• purchase of a8Bets in pIpYaT$. Th8 rarirA1 fmrd r•s•rv8 now relat•s lo the Coyer Ferw&gon Tnbtsl Grant received frryn CO F•rgusscm TnJ51 pwFos• of1th4vJ. Stordr¥j and tthalon projects With inmates and thelr children. 16 RELATED PARTY TIIAIISACTIONS 17 FUNDS At the Jar d, £91.869 i8 allorAted to a dè¥nated reserves furhl to malntawi this lCy. AM other 14 Cryany RegSslralion No.. 07555968