REGESTERED COMPANY NUMBF.R: C.F.026880 (England and Wale5)
RECISI'ERED CIIARITY NUMBER: 1196101
Report of the Trustccs and
UnaudÉted Fffinancial Statements
for the Year Endeil 31 March 2024
for
ArtÈst$ Theatre Sehool Foundation
Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CHI 2DS

ArtlSts The8tre School Foundation
Content5 of the Financlal Statements
ror the Year Ended 31 March 2024
Poge
Report of the Trustees
Independent Exalniner's Report
Statement of FiTh#neial Aetivities
Balance Sheet
Note5 to the Fin#neial Statements
7 to 10
Detailed Statement of Finaneial Aetivities

Art15ts Theatre Sehool Foundation
Report of the Trustee5
for the Year Ended 31 March 2024
The trustees who are a150 director5 of the charity for the purpose5 of the Companies Acl 2006, present their report with
the financial statements of the charity for the year ended 31 March 2024, The trustee5 have adupted the provisions of
Accounting and ReporEing by Charities.. Statement of Recommended Practice applicable to charities PTepaiÈng their
accounts in ae¢ordance with the Financial Reporting Standard applicable in the UK and Republic of ITelaDd {FRS 102)
(effective l January 20191,
The Artists Theatre School Foundation (the "Foundation") was incorporated and approved by the Chariry Commission
on I Ith October 2021. It was set up with six Trust¢es- Amanda Rednian, Damian Schnabel, Susanne Davenport, David
Threlfall, Hilary Vyse and Mark Elli5. On 30th January 2023 the Trustecs appointed two new Trustees.. Julianne Whit¢
and Bernard Richmond. There remain these eight I'rustees at the end of the financial year.
The Foundation continues to operate via its two, wholly owned subsidiaries.. the Artists Theatre School Ltd (the
'S¢hool"l and ATS Productions Ltd. I'ATS Pro").
Throughout the period, the Foundation has worked to raise donation5 and funding in order to support the work of the
School and ATS Pro. Thc Foundation has Taised a toial of £8,196.10 mad¢ up of £1,530.70 in Donations and £6.665.40
from fund raising actlvifies. The Foundation lent £4,000.00 to the School in order to further its work in educating its
pupils.
Artists Theatre School Ltd.
The Foundation supports the work of the School by making loans in order to cover administrative expenses and Cost
overruns on the teaching and performing activities of the School.
Due to the support of the Foundation, the School was able to ci)ntinue the teaching and creative development of 28
actors and put on a performance of "An Evcning with Noel Coward" (a collection of scenes froTll various works by Noel
Cowardl in the SUrnTner of 2023. The School's showcase production scheduled for summer 2023 is 'A Question of
Intent" a collaboration with the Middle Temple in London which fi2rthers the training of newly qualified baTTiSt¢rs
alongside the School's pupils in a mock trial and 'reveal"
ATS Productions I,td.
The Foundation supports the work of ATS Pro by making loan5 in order to cover administrative expenses and eost
overruns on the teaching and perfoTming activities of ATS Pro.
ATS Pro is eurrently focussed on seeking new work for its next performance. which 15 targeted to be perftsrnied in 2025.
OBJECTIVES AND ACTIVITIES
Objeetives and 811ns
The objectives of the Foundation are to advance education for the public benefit in theatre and performing arts, to adults
who Could not otheTW15e access a drama school training, by providing workshops with industry professionals, PToviding
students with a platfom] to showcas¢ theiT ski115, and providing students with the opportunity to progiess io a graduate
sch¢me and to become professional actors.
Significant activities
The Foundation has continued to Taise funds from donors and by holding regular social events; typically around a pub
quiz. The social events have proved to be a very popular way of rassing funds and building a supportor base it) the local
community.
The School has continued to educate actors in the theatre and performing arts. The year to September 2023 culminated
in the showcase production as planned although audiences were down on previous years due to the tail end effects of the
pandemic and the inability to secure the preferred time slots for the performances. The tea¢hing of the current cohort of
students continues and they aTe in rehearsals for their summer performances.
ATS Pro has not put on a production in the financial year to 31 st March 2024 bul has worked with the School's alumni
to support the teaching of the School. It is hoped to have a Pro performance in 2025.
Page I

Artists Theatre Sehool Foundation
Report of the Trustees
ror the Year Ended JI March 2024
OBJECTIVF.S AIYD ACTIVITIES
Public beiiefit
The Charity acknowledges its requirement to demonstrate that it has charitable aitns and purposes that are for the public
benefjt. The Trustees believe that the work of the Foundation in promoting the advancement of the art of drama and
encouraging a br08der public appreciation of such art ¢leaTly demonstrates that our charitable aims are indeed for the
benefit of the public and that the trustees have complied with Section 4 of the Charities Act 2006. Further, the Review of
ActÈvities demonstrates exactly how the trustees are con)plying with the Charity Commissioner5 guidance regarding
public benefit.
FINANCIAL REVIEW
Reserve5 policy
The Trustees have forecast the level of unTe5tri¢ted reserves needed to sustain the charity's operations over a period
when its anticipated income generated from activities may be temporarily currailed. The trustees consider the most
appropriate level of these reserves 8t 3 1st March 2024 would be £5.000. This represents sU￿1¢ient reserves to meet the
annual costs of the Charity and would provide sufficient time to allow for an organised appToach to the ongoing business
of the Society. At 3 1st March 2024 the Charity had cash of £10,710 and reserves of £27,671
STRUCTURE, C.OVERNANCE AND MANAGEMENT
Governing doeument
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADM INISTRATIVE DETAILS
Registered Company number
CE026880 {England and Wales)
Registered Charity number
196101
Registered offiee
3rd Floor
West Ealing House
2 St Jaine's Avenue
Ealing
London
W13 9DJ
Trustee5
M L Ellis
Ms A J Redman
D Schnabel
Miss S C Davenport
D J Threlfall
MSHA Vyse
MrsJTBatt
B G Richmond
Company Seeretary
Independent Examiner
Haines Watts
Military House
24 Casile Street
Chester
Cheshire
CHI 2DS
Page 2

Artist5 Theatre School FoundAtiDn
Report of the'l'rusttes
for the Ye41. Ended 31 MAreh 2024
Approved by order of the boaTd of trusi¢es on
signed on its behalf by..
s A J Redman- Trustee
Page 3

IDdependent Examiner's Reporl to the Trustees of
Artists Theatre School Foundation
Independent examiner's report to the trustees of Artist5 Theattt Sehool Foundation I'the CompJ)ny')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charitys trustees of the Company {and also its directors for the PUTpose5 of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companie5 Act 2006 ('the 2006 Act).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent examii)ation, I report in respect of my examination of your ¢hariWs accounts as carried
out under S￿tIOn 145 of the Charities Act 2011 I'the 2011 Act,). In carrying out Iny exatnination I have followed the
Directions given by th¢ Charity Commission under Section 145(5) Ib) of the 201 l Act.
Independent examiner'5 Statement
I liave completed my examination. l ¢onfirm that no matters have ¢ome to my attention in connection with the
examination giving me to believe..
accounting records were noi kept in Tespect of the Company as required by Section 386 of the 2006 Ad,. or
Ihe accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of an independent
examination" or
the a¢counts have not been prepared in accordance with the methods and principles of the Stat¢m¢nt of
Recommended Practice for accounting and reporting by cliarities (applicable to chaTlties preparÈng their accounts
in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have Come across no other matters in connection with the examination to which attention should
be drawn in this Teport in OTder to enable a proper understanding of the accounts to be reached.
Steven Mark Greensill FCA
Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CHI 2DS
Date..
Page 4

Artists Theatre School Foundatio
Statement of Financial Activitie5
for the Year Ended 31 March 2024
Period
Year Ended
31.3.24
Unrestricted
fi]nd
to
31.3.23
Totsl
funds
Notes
INCOMF. AND ENDOWMENTS FROM
Donations and legacies
1,531
19,889
Other trading a¢tiYities
6,665
234
Total
8,196
20,123
EXPENDITURE ON
Raising funds
291
357
NET INCOME
7.905
19,766
RECONCILIATION OF FUNDS
Total funds brought forward
19,766
TOT AL FUNDS CARRIED FORWARD
27.671
19,766
The notes form part of these financial statements
Page 5

Artist5 Theatre Sehool Foundation
Balanee Sheet
31 March 2024
31.3.24
UTirestTiCted
fund
31.3.23
Total
funds
Notes
CURRENT ASSETS
Debtors
InvestTnents
Cash at bank
15,170
2,031
10,710
11,170
2,031
6,805
27,911
20,006
CREDITORS
Amounts falling du¢ within one year
{2401
(240)
NET CURRENT ASSETS
27.671
19,766
TOTAL ASSETS LESS CURRENT
LIABILITIES
27,671
19,766
NET ASSETS
27,671
19,766
FUNDS
Unre5tri¢ted funds
27,671
19.766
TOTAL FUNDS
27,671
19,766
The charitable company 15 entitled to exemption from audit under S¢ction 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The members have not requireil the company to obtain an audit of its flnancial ststements for the year ended
31 March 2024 in accordance with Section 476 of the Companies Att 2006.
The trust¢es acknowledge iheir responsibilitie5 for
la}
ensuring that thc chaTltable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing financial Statements which give a true and fair view of the state of affairs of the thariiable company as
at the end of each financial year &nd of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise tomply with the requircments of the Companies Act
2006 relating to financial stateTnents, so far as applicable to the charitable company.
Ib)
These financial siatements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regim¢.
The financial statements were approved by the BoaTd of Trllstees and authorised for issue
and were signed on its behalf by..
on
A J Redman - Trustee
The notes form part of these finatjcial statements
PELge 6

Artists Theatre School Foundation
Notes to the Fin8nci21 Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis nf preparing the financial $taternents
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in aceordance with the Charities SORP IFRS 1021 'A¢¢ounting and Reporting by Charities.. Statement
of Recommendcd PTacti¢e applicable to chaTlties preparing their accounts in accordance with the Financial
Reporting Standard applicable it] the UK and Republic of Ireland IFRS 102) (effective l January 20191,,
Financial Reporting Standard 102 Th¢ Financial Reporiing Standard applicable in the UK and Republie of
Ireland, and the Companies Act 2006. The financial statements have been prcpared under the lii5torical cost
convention.
Encorne
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditUTe a5 soon as there is a legal or constructive obligation committing the
chaTity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can b¢ measured reliably. Expenditure is accounted for on an accTuals basis and has
been classified undcr headings that aggregate all cost related to the category. Where costs cannot be diTe¢tly
attributed to particular headings they have been allocated to activities on a basis ¢onsisteni with the use of
resources.
Taxation
The charity is exempt from corporation tax on its ¢haTltable activities.
Fund aeeounting
Unrestricted funds Can be used in a¢cordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only b¢ used for part icular restricted PUTP05es within the objects of the charity. Restrictions
arise when specified by the donor or when fund5 aTe raised for particular restricted purposes.
Further explanation of the nature and PUTpose of each fund is included in the notes to th¢ financial statements.
OTHER TRADING ACTIVITIES
Period
11.10.21
to
31.3.23
Year Ended
31.3.24
Fundraising events
6,665
234
Page 7
continued...

Artists Thegtre School Foundation
NotLs to the Financial Statem¢nts- eontinued
for the Year Ended 31 March 2024
RAISING FUNDS
Raising don9tlOn5 and legacies
Period
11.10.21
to
31.3.23
Year Ended
31.3.24
Sundries
Support costs
90
267
357
Investment management eosts
Period
11.10.21
to
31.3.23
Year Ended
31.3.24
Support costs
240
Aggregate amounts
291
357
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the peTiod
ended 31 March 2023.
Trustees, expenses
TheTe were no trustees, expenses paid for the year ended 31 March 2024 nor for the period ended
31 March 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
nd
INCOME AND ENDOWMENTS FROM
Donations and legacies
19,889
Other trading activities
234
Total
20,123
EXPENDITURE ON
Raising ￿ndS
357
NET INCOME
19,766
TOTAL FUNDS CARRIED FORWARD
19,766
Page 8
continued.

Art15ts Theatre Sehool Foundation
Note5 to the Financial Slalement$ continued
for the Y¢ar Ended 31 Mareh 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Other debtors
15,170
11.170
CURRENT ASSET INVESTMENTS
31.3.24
31.3.23
Other
2,031
2,031
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Accrued expenses
240
240
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted fund5
General fund
19,766
7,905
27,671
TOTAL FUNDS
19,766
7,905
27,671
Net movement in funds, included in the above are as follows..
IncOm￿ng
resources
Resources
expended
Movement
in funds
Unrestricted funds
GcneTal fund
8,196
{291)
7,905
TOTAL FUNDS
8,196
{291)
7,905
Comparatives for Enovement in funds
Net
movement
in fi]nds
At
31.3.23
Unrestrieted funds
General ￿nd
19,766
19,766
TOTAL FUNDS
19,766
19.766
Page 9
continued...

Artists Theatre Sehool Foundation
Notes to the Financial Statements- continued
for the Year Ended 31 March 2024
MOVEMENT JN FUIYDS- continued
Comparative net moveTnent in funds, included in the above are as follows..
In¢oming
resources
Resources
expended
Movement
n fi]nds
Unre5trieted funds
General fund
20,123
(357)
19.766
TOTAL FUNDS
20,123
{357)
19,766
10.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 10

Artist5 Theatre School Foundation
Detailed Statement of Financial Activities
for the Year Etkded 31 Mareh 2024
Period
Year Ended
31.3.24
31.3.23
INCOME AND ENDOWMENTS
Donations 8nd legacies
Donations
Gift aid
1,531
16.207
3,682
19,889
Other trading #etivities
Fundraising events
6,665
234
Total ineoming r¢s(burces
8,196
20,123
EXPENDITURE
Raising donations legacies
Sundries
90
Support costs
Finance
Accountsncy
Bank charges
240
240
27
291
267
Total resourees expended
291
357
Net income
7,905
19.766
This page doe5 not foTin part of the statutory financial statements
Pagell