Charity number: 1197412 Get Irrto Theatre Trustees. report and financlal statements For the year ended 31 December 2024 Gat Into Th•atrn Contents Pag Referente and administrative details ot the tharity. rtsTn￿eeS and advisers Cha5rman's ststement Trustee5' report 4-10 Independent examlner's report li Statement of flnandal act4¥ltles alance sheet 13 Notestotheffinanelal statements 14-22 Gat Into Th•atr¢ Reference and administrative details of the charity, its Trustees and advisers Forthe year ended 31 December 2024 Trustees Ali5tair Smith, Chair Rebecca Gwyther Zeynep Gunaydin lappDinted 174)4-20251 Karen Hebden (appointed 17-04-2025 Amanda Lewis (appointed 17-04-20251 Aaron McGTe8or Ireslgned 07-07-20251 S3rah MillÈr Matthew Xia Charliy re#1￿¢T¢d number 1197412 Prlnclpal offic 47 Bermondseystreet London, SEI 3 Independent Examiner ChaWe￿an Williams FCCA Chartered Certified Accountantverdant Auountants Ltd 2¢>22 WenlL*k Road London N17GU Banke Hande15banken 2nd Floor, l Kingsway London WC2B 6AN Sollclto Harbottle& Lewis 7 Savoy Court London WC2R OEX Inlo Th•atrn Letter from the ChaFr Fortheyeareniled 31 December 2024 2024 has been a landmark year for Get Into Theatre. Our Onl1￿ resource has contlnued io grow In re￿h and Imp3¢t, now attractlng more than 22S.C¥X) users natlonwlde and over 1.6 mllllon sesslons slnce launch. EnBa8ement is Thot just wide bth deep. with youn8 people spending on a¥era8e three and a half mlnutè5 explor6n8 our content- well above sector benchmarks. We are proud that mwe youn8 people from under-represented back4rounds a¥e findin¥ their way to us: 28% of new si8#-ups came from the global majonty. 7% identrfled a5 d15abled, and 42% from low-lncome households. This 8rowth demonstrates that our mlssk)n to brèak down barrlers to theatr? Caree￿ is makiTrg a tsn8Trbte dfffeTrntè. Our ro￿ os the 8overnmenY5 theatre partnerhr Dlscover Cyeatlve Careers ha$ gone ftom strength to strength, wlth more than &J 5peciali5t resources now live. AloThgslde thls, we hosted ovef 18CO oppgrtun6tles and ¢oll¥lM)rated with partners across the sectorto deliver workshops. fllms. teacher toolkks, and nat40nal events. rèachin8 hundreds of thousands of young people, pO￿nts. artd edv¢ators. The completion ol our A¥tloAwide Work In Theatre Pfogrnmme w4th ATG Entertalnrnènt Stsnds as a mlle5tone. engaBlng 275.IYX) people and Settl￿ the stage for fvture expansh)n. Durlhgthe year, we also carried out a Trustee Slills Audit and, sln¢e the year end, were delighted to wel¢ome three new trusttr5 tothe board. They brfng valuable experlence In fundrdlsln8 and youth theatre. furthe strenohenlnK Lwjr ability to delNer r¥n our mission. At the same ilrne. we warmly thank retliin8 trustee Aaron M¢GTe8Of for I￿5 invaluable in5*hL enthuslasm, ¥nd Mentro5ity of Spirit during ourfirstthree years of opera￿0￿. Looking ahead. we a￿ focused on extending our rèach even fvrther-throu8h the apppinlment of a dedlcated Marketlng Officer and Marketing Intern. plan5 for a youth theatre board, investin¢ in 4amffied leaming and developing resour￿ for prfmary school students. None of thls woutd be possibje wlthout the ￿Mm￿ment of tyjr partnets, funder5, and the wider theatre community. Together, we are ensuring that everyyourbg person. whatever their background, Can dlscover and putsue a Career In ihe*re. Altstair Smhh •K/ Date.. 1711 or25 Goi Into Th•atr• Trustees, report Forthe year ended 31 December 2024 The Trustees present their annual report together with the financial 5taterDents of Get Into Theatre for the year from l January 2024 to 31 December 2024. The annual report serves the purposes ol both a Trustees, report and directors, report under company law. The financial 5taternents h3ve been prepared in accordanie with the accounting policies set out in the notes to the financial statements and with the Companie5 Att 2CK)6, The Charities Act 20113nd the Accountln8 and Reporting by Charities.. Ststernent of Recommended Practice applicable to charities prep3rin8 their account5 in accordance with the Finantial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS1021 leffettive l January 20191. Objectives and artlvltlès Purpose and aims Following a succe55ful second year as a registered £harity, the trustees continue to carefully consider the aims, objectives and activities of Get Into Theatre. Thi5 report looks at what the charity has achieved and the outcorne5 of its work in the reporting period. We are pleased to report the 5ucce55 of each key activity and the benefits the charity has brought to those young people that it IS Set up to help. The review also helps us en5urE the Iharity's aims, objectives and artivities remain focused on its stated purposes. In setting oblertlve5 and plannlng for aCt￿￿￿e5, the Trustees have Blven due conslderatlon to general guidance published by the Charily Commission relating to public benefit, including the guidance'Public benefit.- runnin8 a charity IP821'. Objectives Ind 4im5 Get Into Theatre'5 charitable misslon is to promote access to the arts and speclfically to theatre ca￿e¥S for all youn8 people regardless of their race, nationality, ethnicity, dlsability, 5Èxuality, religion or belief. The charity works in the United Kingdom to hi8hli8ht all educational and career opportunities within the field of the theatre arts, serving to educate youn8 people and advancÈ knowled8e of theatre careers to the public. When shapiTh8 the strategy, aim5 and activities of the charity, the twstees cornply with their duty in Section 17 of the Charities Act 2011 and refer to the Chafity Cornmission's guidance on public benÈfit. We ¢onsider how planned activities will contribute to the aims and objertives that have been set. Our aim is to contribute to $18nificant change within theat¥e careers and the theatre industry by ensurlng.. All young people, especially frotn theatres. under-represented group5, have knowled8e and support to access theatre career pathwèys, on and off stage. Teachers, careers leaders and parents are supported by providing theatre careers advSce and access to theatre careers opportunities. Those from the Slobal majority. low-income households and Dldeaf and disabled youn8 people are tar8eted and specifically supported in accessin8 theatre careers and theatre career information. G•t Into Thèatre Trustees, report (continued) Forthe year ended 31 December 2024 Attlvltles undertaken to achieve obleciives and to fvrtherthe charlty's purposes for the public benefft Get Into Theatre provide5.' A barrier and cD5t free online resource of theatre carÈÈrs information. including edutational and professional training requirements. practical information. opportunities and tools for ateessing the wide variety of on5t8ge and offstage careers available in the theatre industry Outreach octivities that include Ibut are not limited tol working Wlth schoo15, colleges and other charities cross the UK to reach, inform and encourage all aspiring young theatre talent, especially targeting those from underrepresented backgrounds listed in our charitable mission. All charitable activities are focused on widening actess and leadin8 to an increased nutnber of applications for theatre training or entry-point opportunities by a diverse ran8e of candidatÈ5, which will in turn lead to the theatrE workft>rce being a true representation of the UK population. A¢hievements and perfomiance M•ln ach5e¥ements of the charlty Get Into Theatre has been successful In widening access and awaroness of theatre career5 through our %rowing website content, social and marketing output, expanding our pool of industry partners. delivering outreach activity and concluding our'work In TheÈtre' incentive across fifteen locations nationwidel. Key digital engagement achievements and performance markers during 2024 include.. Just under 225k users nationwide Since launch, we have had just over 1.6 million online sesslons, with over 323k durin8 2024 alone Our average engagefflent time was over 3.5 minutes, nearty 4 times the current 52 sewnd avera8e. showing deep as well 8$ widespread engagement 28% of sign-ups were from young people frorn a global majority back8round, with 7% identifvin8 as havin8 disability and 42% from è Ivw-income household. Bein8 a large percentage increase across two of our target demographics from last year Re8i5trations from underrepresented background5 increased by 263% sinte our starttng year Our'complete List tslJob5 In the Theotre Indy5tW blog reached over 80k views. over double from 2023. and our opportunities landin8 page reached over 58k We continued to be the only the3tre content publishin8 partner for the Governmenvs Creative Careers Pro8rarnrne.'D*scover Creative Careers'_ rÈpre5enting the theatre sector's career5 to the UK We enga8ed audiences ac¥oss thè UK, with 20,802 active users with trackable data being outstde of London. including: Birmin8harn, Wolverhampton. Edinbur8h, Cardiff and Manchester Our Tik Tok channel Saw a collective viewing figure of 103,364 a¢r055 2024. a growth of 206% from 2023 We hèd over 1800 livÈ opportunities. with 739 new opportunitie5 being uploaded in 2024.. 648 experiersces SS fundin8 36 training We have been particularly proud to extend our impact and drive awareness of Get Into Theatre by partnersng with government. professional industry organisations and press. including.. Got Into Th•atr• Trustees, report Iconttnued) Forthe yÈar ended 3] Decernber 2024 Achievements and performance Itontinuedl DCMS Discover Creative Careers pro8ramrne- Get Into Theatre provides over 60 specialised theatre tareers resources Iof this government Initlalive in pèrtnership with Screenskills. This 15 Set to grow in 2025. where we will become the representative fgr all UK theatre career resources across their website Eleven careers and futures events for youn8 people, teacher5. and industry professionals, including.. Next fjen at the kience Mu5eurn, Theatrecraft, A8￿ Theatre Show, BIMM University Theatre Works, ERIC, Industry Week, What Career, What University? And Signal Festival with Prime Theatre Eight in-person workshops and talk5. including.. Work In Theatre Oiqitol Teocherconlerence with ATG EntertainmenL Industry Oays with Speakers for Schools. and Teaching Backsraoe Coreers with We Teach Drarna and theatre worksl Co-produced teacher-facing resources with ATG Ent2rtainment, We Teach Drama and theatre worksl 15 short fi1rn5 co-produced with ATG Entertainment highlighting early career artists from across the UK. including.. Stoke￿n-Trent, Sunderland, Brighton. Glasgow and Liverpool Ticket giveaways from.. LW Theatres, Mischief The6tre, National Yoyth Music Theatre, Cameron Mackintosh, New Diorarna Soho Place, Almeida Theatre, Southwark Playhouse. and other independent producers Marketin8 presence across.. The Sta8e lincluding their Debut Awards and Future of Theatre COnfe￿nce) DYam3 & Theatre Magazine, UKTheatre's Teacher Guide, UniversityAspire Guide, The School Trip and Music in Secondary Schools Trust Ilth Annual Concert Arts Council England funded Work In Theatre parrnership, wlth delivery acros$ 15 ATG EntertaiThrnent locations. nationwide which engaged a total of 275,(X)) youn8 people. teacher5, parents and early career rt15ts, acros5 venues and di8ltallv In early 2025 we were also awarded 'Most Outstanding D￿rna Resource. at the Muslc and Drama Education Awards lor ourTeacher Careers Toolkit, made Sn partnership with ATG £ntertainment and launched Dn our new dedicated Teacher Resource, space. We are gratefvl to all our partners and opportunity piovlders for the*r support. The charsty monitors and evaluates the public benefit and Impatt of its attivities through qualitative and qualitative data from users. industry parrners and network. The trustees have been pleased to recoRnise the wlde impact of the charlty, as dernon5trate(S in the following sample of testimonials received.. 'Overoll this is AMAZINGresotsrce. You htTve covered every ospecr of the world of theotre, ond the range of roles ond tosk5 15 huge. I think you hove struck theperfert bolance between oppeoling to subject-specifi¢ teuiher5 undcomplete non-5peciuli5ts. Some Df rhe tusks. like the c05turne design one, could even be honded to u coverteocher tofollow wilh eo5e." Emrna Tulty. Sunderland 5e¢ondary khool Teacher on our Teacher Careers Toolkit -I'm so ex£itÉd ro be working with Getlnto Theatre.. I've beenlollowirjg you since school, we love what you 9Uy5 do demystifying theotre- User & Contrnt Coll•borator -Get into theotre hos helped me understond the different coreerpath5 that I could toke in the theot industry lynd gave me u£cess to opportunities I would of ne¥erknown tsboutbefvre." User. a8ed 17 Get Into Theatre Trustees, report (continued) For the year ended 31 December 2024 Achievefflents and perforfflance Icontlnuedl "seing in o Midlonds oreo hos 0150 meant there ore hordlycny DPPDrtunities neorme. Your orgoTrASQtiDn hos helped me discover locol upplic(rtions!- User, a8ed 19 "I hove mainly used discounted ticket options which hove been greot ondhelp5 me keep in touch with theotre today woy I con offord. Userj aged 19 "[Ger Into Theutre] gove rne Couroge to opply to things. gave me more contoct5.- User, interested in Dlrecti -Get Into TheGtre hos given me the mortvorion ro continue ond reo¢h rhe professionol stoge.~ User. interested in Puppeteering -when I wosfiFSt rtorting my coreer, I hudonly worked with AmDrom compunie5. being (yble to learn more aboijt the pro[essionolindustry rhrough Ger Into Theorre helped me so mLtch. Ilound Get Into Thectre to be u very useful resourcefor helping ME get inro the technitol thÈotre Industry." User. ayd Z6 -I've used it to do 71Je soho theotre writers lob ondRoyolQiurt the(rtrefoundorion course- Neurodi¥er8ent arbd Global Malorliy user -8elore dlscoverin9 "Get Into Theotre." I hGdonlyreolly heurd of people the industry tulking oboutperftsrmln so I never consldered this irtdu5try t75 an optionfor someone like me who loves thei7tre butnotperforming. Through ytsur websire. however, I leurnedu lotobout the te£hnicol aspects, which piqued myinteres¢ ond now I hope to fftoke ir my coreer.- User, aged 17 -Get Into The(rtre 15 un involuuble resourceloryouno people. At CFT, we use Ir ro hiqhllghr the wlde r17noe of OPPDrtunities ovuiloble to those who engoge with our5ervice5. Itserve5 05 0 vitul hubfvr occe55ible. cleor inlormotion, helping to breok down barrier5for those who moy not huve previou5ty haducce55 to the creutive arts or been aware of the coreerporhs ondopportunitie5 Wlthin the industry." Hannah HoKgp Senlor Y¢>uth and Outreach Mana£er. Chkhester Festlval Theatres "Get Into Theotrehus been t7n involuoble resourceforus over the yeors. from promotlt)g otsr events ond opportunities to their oudien£e. to uslno theircontentregulorly in ourschool workshops. The Get Into Theotre website is ourfirst recommendotlDnforyoung people in seurch of insights orindustry opporturtities, and we're grotefulfor the 0ft9&ing tolloborution.~ Hannah Dun¢an. Proyammln8 and Markedn8 Asslstaiit. Marttrcla$s Trust Get Into Thoatr• Trustees, report (continued) For the year ended 31 Decernber 2024 Flnanclal fèvltw Going concern After rnaking appiopriate enquirie5, the Trustee5 have a reasonable expectation that the charity has adequate re5ource5 to continue in operational e¥i5tence for the foreseeable future. For this reason. they continue to adopt the going concern ba515 in preparing the financial statements. Further details resarding the adoption of the going concern basis Can be found in the accountin8 policies. Reserves poll¢y The surplu5 funds of £90.041 at the year-end12023.. £78,814) are unresiri£ted and available as general reserves. It is the policy of the trustee5 to rnaintsin sufficient cash reserves within the charity to meet all known commitments for a minimurn three-rnonth period. Financial position The finantial statÈmÈnts have been prepared forth@ yearfrom l January 2024 to 31 Decernber 2024. The statement of financial artivities ISOFAI shows the incomin8 resourtes available to the Char￿ and the extent to which its funds have beeTh spent. The trustees are deli8hted Get Into Theatre is reco8nised and supported by Arts Councll En8laThd who awarde restrlcted fundlng of E49.999 towards the £hariWs Work in Theatre projett. 2024 marked the final year of our three-year agreement wlrh the Theatre Development Trust. which provided unrestricted funding ol E31,998 in the year to support the charl￿5 core c05t5. We are pleased to note that this fundin8 was renewed in 2025 for a further one-year agreement. A new 3 year grant application to Andrew Lloyd Webber Foundation was also successful with the first instalment of £30,000 unrestricted funding was made during the year. The Sta8e remain a core supporter lor Get Into Theatre providin8 in-kind 5UPPOrt in tertns of establishment and marketlng costs. Get Into Theatre is dEpendent on grant KivillE and industry support to further expand it5 operation5 ènd maintaln heahhy reserves. The trustees remaln very grateful to all funders for their vital new and continued support of the charity's activities. Total income for the perioLI was £124,258. This, together with funds of £78.814 brought forward from the year ended 31 Decernber 2023. wa5 Sufficient to cover expendlture of £113.031 on charitable actfvltles In the period. The period ends with a total surplus of £90,041 towards future year operation5. Risk management The trustee5 regularly consider financial and legal risk5 to which the charity 15 exposed. including financial ri5k5, Bovernance risks. fraud. cyber Security, safeguardingt reputstional risk5, public perception risks and reliance on key personnel and take advice to establish and review their systems, policies and procedures to manaRe and mitigate those risks. Got Into Theatre Trustees, report (continued) For the year ended 31 Decernber 2024 Futurè Plans Work in Theatre Following the success of our first Work In Theatre project. in a550ciation with ATG Entertainment, we are planning to resubrn￿t for Arts Council England project funding for a Second outing. Thè first Work In Theatre project engaged more than 275,IYJO younR people. teachers, and freelance artists across the UK lin person and digitallyl while improving equal 3cce$5 for young people from lower socio-economic, dlDeaf. or disabled, c3re-experienced, and Black, A513n & global majority backgrounds. We believe that a second iteration of the scheme can do even MO￿ and we ère currently developing an enlarged project funding submission. Meanwhile. there are lour other areas that we are looking to expand, 5ubjett to the development of new fundin8 streams: Gamified Careers Learnin¥ We are exploring how young people digest and en8age with information, 8y shifting learning into a 8amlfled format, we tan reach young people who may not have previously considered a career in theatre. Hlrlng a dedloted Marketln8 Officer & Marketlng Intern Ernployin8 a dedicated marketin8 officer will vastly incre85e the nurnbÈT of young people we can reach from all b3ckground5, acr055 311 the UK. This will a150 allow u5 to employ an intern or apprentice to 51t alon851de this staff member and bring youth voice into the heart of operations. De¥el¢>pin8 a youth theatre board WÈ want to develop a projert for a dedicated youth theatre board Iworking in partnership with theatre5 across the countryl as well a5 creating tailored report5 analy5ing trend5 and data about whlch youn8 people are currently accessin8 information about theatre Careers to help inform theatres. outreach strategies. Empandlng our advo¢acyto prlmory ￿h0o1 #udents We are formulatin8 way5 to expand our work with career-related learnin8 resources at primary school level.. children are starting to think about careers at a younBer a8e and theatre must be part of their choice. Since the year end. we are pleased to confirm Get Into Theatre has 5e¢ureil £IO,O(K) in DCMA funding through Discover Creative Ca￿er$ to deliver a major pro8ramme of re8ional partnership activity in the autumn of 2025. Structurei governance and management Constitution Get Into Theatre is a registered charity. number 1197412, and 15 constituted under a Trust deed. Methods of appointment or election of Trustees The tru5tee5 are appointed by re501ution passed at a properly conveThed rneeting of the charitytrustees. Appointments are based on the trustees. professlonal Judgement and experience and taking care to ensure an appropTiate mix ot ski115 and knowledge to conduct the activitie5 of the tharity in line with its objettives. The charity's constitutSon provides for a minlmum of three trustees. Into Th•atr• Trustees, report (continued) Forthe yearended 31 Dttember2024 Strurturei 4¢fftenwnc* m•n*ym•nt I￿n￿u•d) *t•m•nt of Trusttts. r•¥￿sib￿ll1eS The Trustee5 are responsible for p￿p8￿n& the Trustees, report and the financial ststtments in accordance with applic3ble law 2nd Unlted Kingdom Atcountlng Standard5 Iunited Kingdom Generalty Accepted AccountlnK Pyarti￿1. The law applicable to (harities ift England & W31es requires the TNstees tD prepart financial statements foreadb rinancial year whath give a twe and fail ￿e￿ of the charitvs State of affair5 and 01 it5 incoming resources and application of resources. including rts Income and expenditure, for that period. In preparfng these financial statements, th*Tru5tees are required to: selert suitable accounllng pollcth and then app￿thern Consi￿*￿ttr, observe the methods and principles of the Charltles SORP IFRS 1021.. make judgements artd attountsn8 &Umates that are reasonable and prudent: state whether appllcable UK Accounts"ng Standar0$ IFRS 1021 have been fdlowed, wblett to any Mate￿al dep9rt￿reS dlsckjsed and explalned in the finanual stsiements.. preparethe financial statements on the 8OinB concern basls It Ls Inapproprfjate to presume th•t the charfty wlll conynue In buslnes& TheTru5tees are responslble lor keepln¥ adequate acwunting records that are suffiu?nt to show and expjaln the ¢harlty'$ transartiDns and dlsdose w￿h reasonable accuraty at any time the flnan¢l¥l p)$rtlon of the tharity and enab￿ them io ensure thal the financlal statements compty wlih the char￿leS Att 2011. thè Charlty IAtcounts and Reportsl Regulations 2C￿ and the provlslons of the Trust deed. They are also resp0Th5ible for safe8uardin8 thp assets of the charity and hence for takln8 reasonable step5 ftsr the Pfeventlon and detection of fraLtd and other Irrewlarities. Approved by order ofthe Mem￿r5 of the board ofTru5tees on and signed Dn thek behplf bv: Sjrfété 17110125 10 Get Into Th Independent examiner's report Forthe yearended 31 December 2024 Independent examiner's Teportto theTrustees of Get IntoTheatre I'ihe¢harlty'l I repori io thE Iharity Tru5teP5 on my exarnination ol the accounts of ihe charity for the year ended 31 December 2024. Responsibilitbesandb35is of report A5the Trusteesolthe charityyou are responsible for the prepaiat*on of the accountsin èccordancewiththe requirements of the Charities Act 20111.the 2011Act'l. I report in respert of my examiTTation of the charitV'5 accounts carried out under section 145 of the 2011Act and in carrying out my examinaiion I have lollowed the applitable DirectlOn5 given bythe Charity Commi55ion undef section 14515llbl of the 2011 Act. Independent examlnerfs statement Your attention is drawn to the fact that the charity has prepared the account5 in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reportingstandard 8pp1itsble in the UK and Republic of Ireland IFRS 1021 in preference to the Accountin8 and Reporting by Charitie5.' Statement of Recommended Prarti¢e issued on l April 2ryJ5 which is referred t¢ in the extant regulations but ha5 been withdrawn. l understand thatthishas been done in orderfor the accounts to provide a true andfairviewin accordance with the Generally Accepted Attountin8 Practice effectivefor reportin8 periods be8inningon or after ljanuary 2015. I h3ve¢ompleted my examination. I confirm that no matters have cometo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records werenot kept in re5pett of the charlty as required by section 130of the 2011Act.'or Ihe accounts do not accord with those records.. or the accounts do not comply with the applicable requirements concernin8the form and content of aceounts Set out in the Charities (Accounts and Reporrsl Regulations 2008 orher than any requiremeni that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examSnatlDn. I have noctsncem5and havecomeacross nooiher mattersin connertion wlth the examination to which ttention should be drawn in thi5 report in order to enable a proper understanding of the accountsto be rea¢hed. Thi5report 15 made solelyto the charity'5Trustees. as a body. in accordancewith Part4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I rnight stateto the charity'5 Trustees those rnatter51 am required to state to th2m in an Independent examiner'5 report and for nD other purpose. Tothe fullest extent permitted by law. I do notacceptor assume responsibilityto anyoneotherthan the charity andthe charity'sTrustees as a body. for my work or for this report. Si8ned.. Dated: 17 0(¢0kn 2625 Chaweevan Willi3rn5 FCCA Verdant AccollntantsLtd IntoTheatre Statement of financlal actlvitles For the year ended 31 Oecember 2024 Restrlrted Unrestrlded funds funds Total fur Total funds 31 Oe¢efflber 31 December 31 December 31 December 2024 2024 2014 2023 Note Income from.. Donations and legacies 49,999 74,259 124,258 122,293 Total income 49,999 74,259 124,258 122.293 ExpEndrture OTh: Charitable actI￿tieS 60.498 52.533 113.031 93,732 Total ejtpendlture 60,498 52.533 113,031 93.732 Ile¢ lexpenditurellln¢om• IIOA991 2L726 11,217 28,561 Transfers between funds li Nei movement lunds 110.4991 21.726 11.227 28,561 Re¢ondliatlDn of fund5.' Total funds brou8ht forward N99 68.315 78,814 50.253 Net movement in funds 110.4991 Zl.726 11,Z27 28.561 Total lunds tarried forward ,041 90,041 78.814 The Statement of flnantlal artivitles include5 all 83ins ènd losses recognlsed in theyear. All amount5 were derlved from tontlnuing activities. All Ea1Th5 and losses recoBni5ed in the year are Sncluded above. The notes on pages 14 to 22 form part of these financSal statements. 12 Balance sheet Asat 31 Derember2024 2013 Flx¢dasMts Tanglble assets 1,267 1367 Debtors Cash atbankand in hand 110.790 81.230 IW790 89230 Credkno.. èmtyjttts fI￿ni due*qthlnoneytar 129.7541 IIL6831 89,036 77,547 78.814 7V14 78.814 chrtty fvrm Re*￿(led*Ur li 10.499 68.315 78.814 iJnr*strth(tfuDd5 li gOJMi 041 Thefinanthlstat•nents wereakwrty4ed•thlauthothdfDr15sue tytheTr¥JsteesDn and 54nedonthdr behnlf br. A&4t&6 17110125 YheTrJtQ50n po6es 14to 22 form￿rt of the5efIn￿￿al statononty G￿l￿t0Th&￿te Notes to the financial statements For the year ended 31 December 2024 General inform￿lon The charity is a charitable incorporated organisation and is Ir￿Orporated In EnÉland and Wales. The address of its rÈ8lStered office is 47 Bermon45ey Street. London, SEI 3XT. General information 2.1 Basls of preparatlon of flfianclal statement5 The financial 5taternents have been prepared in accordance with the Charlties SORP IFRS 1021- Accountin8 and ReportinÉ by Charities.. Statement al Recornmended Practice applr4ble to ch4ritie5 preparin8 their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republit of Ireland IFR5 1021 leffective I january 20191, the Financial Reportingsiandard applicable in the UK and Republic of Ireland IFRS 1021 andthe Charitie5 Act 2011. The finantial statement5 have been prepared tO8ive a'true and fair, view and have departed from the Charities (Actounts and Reports) Re8ulations 2Q08 only to the emtent rEquired to provide a'true ènd fair, view. Thi5 departure has involved followin8 the Charities X)RP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charitie5'. statement of Recomrnended Practice effective from I Aprll 21)05 vihlch has glnce been withdrawn. Get Into Theatre meets the definition of a public bpnefit Entity undpr FR5 102. Asset5 and liabilities are Init￿llY recognised at hi5toriial c05t or transaction value unless otherwise stated in the relevant accountin8 poliry. 2.2 GoITr8wn￿rn The trustees hbve assessed whetherthe use of the Concern a55UrnPtIOn 15 appropriate in preparing these financial ststements. Thè trustees hawe made thi5 asse55rnent in respect to a per￿ af one yearfrom the date of approval of these financial statements. The trustee5 of the charity have contluded th* there are no material uncertainties related to events or cendStSons that maycast 518nificant dovbt on the abiistyof the charrty to continue as a 8dn8 concern and are of the opinion that the charitywlll have sufficlent re5curces to meet its liabilities as they fall due. The trustees re8ul3rly tonsiderthe impart of the CO￿d-19 pandemic on the 80ing concern oFthe charty. especiallygi¥en the signiFi¢ont impact on the wider theatre industry. They are satisfied that the charity has tK¢t seen an impacron its income and do not antKlpate a reduction on income duetothe pan(Semic. Z.3 Intomt All income is recognised once the Charity h35 entitlement to the income. it Is probable that the intome will be recenied ènd the amount of income receivable can be measured rellèbly. Grants are included in the Statement of financial activitie5 f*n a receivable basis. The balanee of inceme reieived for specifK purposes but not expended durin8 the period is shown In the ￿levant funds on the Ba￿nCe sheet. Where Income is recewed in advance of entitlement of recelpt, its recognitiun 15 deferred and includpd in crediiors as deferred incorne. Where entitlement occurs before Income 15 receNed. the 5ncome i5accrued. 14 Notes to the financial statements Forthe yeèr ended 31 Decembpr 2014 Attountln8 golltles Itontlmuedl Z.4 ExpeTrdiiure Expenditurp is recognised once there is a legal or Constructi￿ obligation to transfer e¢onomi¢ benefrt to a third party, it is probable that a transferaf economic benefits will be required in settlement and the ameunt of the obli8ation can be measured reliably. Expenditure 15 cIBs5ified by activity. The costs of eath attivity are made up of the total of direct c(bts and S￿red costs. including support cests involved in undenaking each artlvlty. Direct costs attributable to a single activity are allotated directly to that activity. Shared costs whlch contribute to more than une activityaThd support cost5 which are not attributable to a single aciwiiy3rÈ apportioned between those activities on a basis consistent with the use of resources. Central staff costs are all¢¢ated OD the ba515 uf time spent, and depreciation char8es allocated on the portion of the asset's use. Expenditure on charitable activitie5 15 incurred on directly undertakin8thp activities which furtherthe ¢harliy's objettE￿. as well as any a550tiated support Costs. All expendlture Is Inclusive of irrecoverableVAT. 2.5 Tawible fixed assots •nd depre¢lait• Tangible fixed a55ets costing £1,000 or more are capiralised and recognised when future economlc benefft5 are prubable and the c05tervalue of the asset can be measured reliawv. Tan8ible fixed 055ets are Inr(lall¥ recognised at lost. After recognition, underthe tost model. tan8ible fixed a55et5 are rneasured at cost less accumulated depreclatSon and anyaceumulated impairment losses. All Costs incurred to brin8 a t3nBible r￿ed asset into its Sntended worklnE cendftion should be 5ncluded In the ea5urement ofr05t. Depredatlon15charged so as to allocate the c05tof tangib12 fixed 4S5et5 les5their residual value o¥ertheir Èstlmated useful lives,. Depreciation 15 pro¥￿ed on the following b8SiS.' Computerequipment- ZO% straisht l¢ne basi5 2.6 Ilebtors Trade and orher debtors a￿ retO8ni5ed at the settlement amount after anytrade dlscount offered. Pre￿¥rnents are valued at the amount prepiid ner of any rrade discounts due. 2.7 Cash ai bank and in hand sh at bank and in hand includes cash and short-term hizhly liquid investments w￿h a 5horr matur+ty of three months or less from the date of 3cqu151tbn or openln£ of the deposit orsimilar account. Is G¢t IntoTheatre Notes to the financial statements Forthe year ended 31 December 2024 Accounting poll¢les Itontinuedl 2.8 Uabllltles and provlslons Liabilities are recoÈnised when there 15 an obligatDn at the Balance sheet date as a result of a past event, it 15 probable that a transferuf ecanomic benefit will be required in settlement, and the amount of the Settlement can be estimated reliably. Liabilitie5 are recogni5ed at Ihe amount that the charity anticSpates It ￿￿11 pay to Sett￿ the debt or the amount it has reieived as advanced pèyments forthe goods orservices it mu51 prO￿de. Provi510ns are measured at the best estimate of theamounts requI￿d to settlE thè obllgation. Wherethe effect of the time vilue of money is material, the provislon Is based on the present V31ve of those amounts, di5￿Unted at the pr&tax di5c¢Junt ratE that reflect5 the risks specifii to thE liability. The unwindin8 of the discount is reco8nised In ihe Statement of financial activities as a finance 105t. 2.9 Flnandal Irfftrumenti The charity only has fin3nckil assets and financial liabilities of 3 kind that Qualify as basic financial InstrumEnt5. Ba5icfinancial instruments are initially recognised at transactlon value and subsequently mÈasured at their settlement value with the exception of bank loans whl¢h are subsequentty rnea5ured at amortised cost usSn8the effectNe interest method. 2.10 Fund a¢t￿ntI General funds are unrestricted funds which are available far use at the discretion of the Trustees In furtherance of the 8eneral objectivesof the charity and which have not beeD desi8nated for other purptrses. Restrirted funds are fvnds which are to be used in accordantr with specthc restriction5 ImPDSed bydonors orwhich have been roised by the charityfor particular purposes. The costs of rai5in8 and administering sueh fund5 are charged agalnst the specific fund. The aim and of each restritted fund is Set out in the note5to thefinancial statements. IrKame from th)nation5 and leyde5 Restrfctsd Unre5trl¢ted funds lund$ Totsl nds 31 December 31 December 31 December 2024 IOZ4 2024 t)onaiknns 820 820 Grants 49,999 49,999 73.439 74.259 123.438 124,258 16 Notes to the financlal statements Forthe year ended 31 December ZOZ4 Intome from donatlonsand le8acles IC¢￿￿Muedj Re#rftted lunds unrest￿¢1¢￿ funds TDtsI lund5 31 December 31 December 31 Detember 2023 2023 2023 Donailons 11.297 11,297 110,996 122.293 Grartts 50,(KJO 50.(M)O 60,996 72,293 Anat¥sls of eApenditure Totsi Supporttosts 31 December 311)ecember 2024 2024 Charitable aCt￿lIseS 113,031 113,031 Total fvnd$ Supportcosts 31 DRc•mbAr 2023 JI Dqcornblr 2023 Charitable artNities 93,733 93,733 17 Notes to the financial statements For the yearended 31 DEcernber 2024 Anal*n4s of expenditure Icontinuedl Analysi$ of support costs CharltsblÈ *rtiviti•s Charitable artwities 11 De￿mber 31 Oecember 2024 2023 Staff costs Marketing EstablishmÈrtt costs 46,935 19,642 7.388 39,066 113,031 34,291 15.297 4,644 39.501 93,733 Project Costs Irbdependent e¥amlther's remuneratlon 31 Decémber 31 December 2024 2023 Fees payable te the charity'5 independent exèmlner for tho independent e¥aminatKn of the charty'* annual accounts 660 500 Tru5tee5' remuneratkn and expenses Durin8 the year, no Trusrees received any rpmuneratlon or other benefits. Durin& theyear ended 31 Oecember 2024, no frustee e¥pen5e5 have been Incufred. IB Notes to the flnanclal statements Forthe year ended 31 ge￿mber 2024 Tan8lbleflxed assets Comwter equlpment Cost orvalultlon At l Janu3ry 2024 Additiens 1,311 At 31 December 2024 1.311 Depr2datlon At l January 2024 Ch3rge foryear 262 At 31 December 2024 Net bDok valy• At 31 December 2024 1.005 At 31 December 2023 1.267 Oebtor5 2024 2023 DuewlthlTh one year Grants rÈcelvable 8.(QO 8.LMJO Credhors.. AMountsfalli￿dUeWlthl￿ one year 2024 2023 Accruals and deferTed income 29.7$4 29,754 11.683 11.683 19 Notes to the financial statements Forthe year ÈndÈd 31 DÈtèmber 2024 IQ. Financiol ins¢rymentS 31 December 31 December 2024 2Q23 Financial assets Financlal assets measued at fairvaluethrough income and expenditure 110.790 81.230 Flnancial a55ets rneasured atfairvalue through income and expenditure comprise cash at bank and in hand_ ii. swement offvnds ststement of funds. ¢uryet)tyear alance at I J•nu•ry2024 Balan￿ at 31 De￿rntser 2024 IrKor Expendjture Unrp5trirtedlunds Andrew Il¢yd Webber Foundation The StaÉe Theatre Devplownent Trust Screenskil 57244 15.2031 16.4411 131.9981 Is,w)I 13.8911 152.5331 81.041 6,441 31.998 DonatlOn5 3,071 68,315 920 74.2S9 .041 Restrftted funds Arl5 Council England ION99 10,499 49.999 49.999 160A981 160A981 Total of fvnds 78,814 124.258 1113.0311 90,041 Geiinto Theatre Notes to the financial staternerrts For theyear ended 31 December 2024 11. Statement of fvnds- continued Statement otfvnds. prloryear Balance at i January 2023 B*lance at 31 Dqcembor201a Imtome Expenditur• Unrestrlrted lunds Andrew Lloyd Webber Foundation The Sta8e Theatre De¥Elopmerit Trust 5creenSkills 40,515 21.529 11.183 31.999 14.8fy)1 57.214 7.999 1,250 131.9981 16.1501 DonatlOn5 2,582 72,293 3.071 68,315 5CI,153 1542311 ReMd¢ted f¥nds Arts Council England 50.tIJo SO.L 139.5011 139.5011 10.499 IOA99 Total of lunds 50.253 122,293 19J.7311 78.114 21 Notes to the financial statement5 For the year ended 31 December 2024 12. Analysis of Tret assets beh¥een funds alysls of het assets bttwten funds- currentyear Unrestrkned lurtd5 Total funds 2024 2024 Current a55et5 119,795 129.7541 119.795 129,7541 Creditor5 due within oneyear Total 90,041 90.041 Analysv4 of net assets btheen funds- pdoryear Restricted f¢Jnds Unrestricted funds Total funds 2023 2023 2023 Current assets c￿ditOrS due w4thin one year 10,499 79.998 111,6831 9J,497 111,6831 Total 10,499 68.315 78.814 13. Flnandal Commitmerbts. ¥u4ranleesaDd ¢OntIn￿ncle$ There a￿ no financial commitmentsat 31 DeiembeT 2024 or 310ecembef 2023.