Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
Charity number 1197893
## **THE UK PANTOMIME ASSOCIATION**
## **Report and Financial Statements**
**for the year ended 30 April 2024**
**Breckman & Company Ltd Chartered Certified Accountants 49 South Molton Street London W1K 5LH**
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Contents**
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Trustees' Report|2 - 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities (including Income and Expenditure Account)|5 - 8|
|Balance Sheet|9|
|Notes to the Financial Statements|10 - 14|
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Reference and Administrative Details**
## **Constitution**
The UK Pantomime Association (the "Charity") is a registered charity governed as a Charitable Incorporated Organisation ("CIO") by its Constitution - a Charitable Incorporated Organisation whose only voting members are its charity trustees. It was registered on 11 February 2022 as Charity number 1197893.
## **Trustees**
The trustees throughout the year and since the year end, were :
S Sladen (Chair) S Munday-Webb D Lloyd Jones Dr R Marsden S McKenna C Jarvis A Jackson L Bradley L Barrowcliff N Humby - resigned 29 April 2024
## **Independent Examiners**
Breckman & Company, 49 South Molton Street, London W1K 5LH.
## **Bankers**
Lloyds Bank, Oldham, BX1 1LT
## **Registered office and operation address**
Flat 6 Galleon House, 4-10 Guildford Road, Chertsey, Surrey KT16 9HH.
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Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Trustees' Report**
The Trustees are pleased to present their first report together with the financial statements of the Charity for the year ended 30 April 2024.
Legal and administrative information set out on page one forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities (Charities SORP FRS102) revised in 2015.
## **Objectives and activities**
The Charity is a CIO with the objectives to:
Celebrate excellence through The Pantomime Awards annually.
Curate a hub for Pantomime practice, history, traditions, and culture. Champion pantomime as an important British artform. Inspire through workshops, talks, and special events.
The Charity meets these objectives through organising events to engage the Pantomime practitioners, industry experts, academics and the general public to stimulate debate and interest in this British art form.
## **Organisation**
The Board of Trustees meets quarterly to administer the Charity
All new Trustees receive a copy of the memorandum and articles of association, a copy of the Charity Commission's "Responsibility of a Trustee" and all Trustees are informed of training courses that may be of interest to them in their capacity as Trustees.
The daily administration of the Charity and the delivery of its activities is undertaken by Trustees and those delegated to execute the plans. The Trustees retain the responsibility for the strategic running of the Charity. The appointment of volunteers is at the discretion of the Trustees, and several non-Trustee volunteers play important roles in the delivery of events.
## **Investment powers**
Under the memorandum and articles of association, the Charity has the power to make any investment which the Trustees see fit.
## **Related parties**
Related party transactions are notified to the board of Trustees and disclosed in the financial statements as appropriate
## **Review of the activities, future developments, and achievements for the public benefit**
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit (PB2) when reviewing the Charity's aims and objectives and in planning future activities for the year.
The Trustees consider that the Charity's activities deliver public benefit.
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Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Trustees' Report**
## **Relationship with Sponsors & Benefactors**
The Trust continues to operate under a three-year partnership with The Trafalgar Entertainment Group (TEG) to host The Pantomime Awards annually at one of its theatres and TEG-owned Stagecoach has agreed to be headline sponsor for The Pantomime Awards in June 2024. Other ongoing sponsors include Barry Burnett, Scott Mitchell, Breckman & Company, Howden Insurance Brokers, Staffordshire University, Production Light and Sound, and John Good Ltd. The Trust is grateful for the support of Greg Dyke and Caroline Elsey as Benefactors.
## **Activity during 2023/24**
During the year, the Trust organised the visits of 70 judges to 259 venues, seeing 728 performances. This was the largest year to date of visits to assess the UK's pantomimes for The Pantomime Awards; in 2022/23, 243 productions were attended at 719 visits. The third annual Pantomime Awards will take place on 18th June 2024 at G Live in Guildford in association with Stagecoach. The Nominations for the Awards were announced on 2nd May 2024. The Association contributed to numerous press interviews in print and broadcast that championed the genre and contributed to the charity's educational remit, establishing itself as a go-to organisation to discuss and promote Pantomime. The Charity will continue to develop fundraising activities to support projects in future years.
## **Reserves policy and risk management**
The Trustees regularly review the risks faced by the charity to enable steps to be taken to lessen such risks.
## **Financial review**
The charity currently has a reserves surplus of £22,112 (2023: £19,209) as result of generous donations and related gift aid claims in the period. The reserves surplus will enable the Charity to plan with more confidence in meeting its aims through future events.
This report was approved by the Board of Trustees on 19th September 2024 and signed on its behalf by
S Sladen (Chair) **Trustee**
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Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **Independent Examiner's Report to the Trustees of THE UK PANTOMIME ASSOCIATION**
I report on the accounts of the charity for the year ended 30 April 2024, which are set out on pages 5 to 14.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the general Directions given by the Charity Commission (under
- section 145(5)(b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with general directions given by the Charity Commission. 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 seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting
- requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
## have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **GRAHAM BERRY FCCA Breckman & Company Ltd Chartered Certified Accountants**
49 South Molton Street London W1K 5LH
19th September 2024
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Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Statement of Financial Activities (including Income and Expenditure Account) for the year ended 30 April 2024**
|**Unrestricted**
**funds**
**Notes**
**£**
**Income and endowments from:**
**2**
Charitable activities
Awards - page 6
9,898
**Total**
9,898
**Expenditure on:**
Charitable activities:
Awards - page 7
6,995
**Total**
6,995
**Net surplus**
**3**
2,903
**Reconciliation of funds:**
**Total funds brought forward**
19,209
**Total funds carried forward**
**11**
22,112|**2024**
**Unrestricted**
**Total**
**funds**
**£**
**£**
9,898
60,869
9,898
60,869
6,995
41,660
6,995
41,660
2,903
19,209
19,209
-
22,112
19,209|**2023**
**Total**
**£**
60,869|
|---|---|---|
|||60,869|
|||41,660|
|||41,660|
|||19,209
-|
|||19,209|
The notes on pages 10 to 14 form an integral part of these financial statements.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
5
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Year ended 30th April 2024**
|**Income from charitable activities**
**Awards income**
Award sponsor
Ticket sales
Other event income
In kind sponsors
Donations
Gift aid|**2024**
**£**
1,000
-
1,518
1,000
5,130
1,250
9,898|**2023**
**£**
30,500
4,455
675
3,000
17,830
4,409|
|---|---|---|
|||60,869|
6
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Year ended 30 April 2024**
|**Expenditure on charitable activities**
**Awards costs**
Judges briefing/training
Nominations announcement
Travel
Venue
Technical team
Awards
Other awad ceremony costs
Music
Performers
Insurance
Marketing
Programmes
Pre/after show parties
Ticket commission
Other event costs
Support costs - page 8
Governance costs - page 8|**2024**
**£**
3,619
-
-
-
-
-
1,540
-
-
410
320
-
-
-
-
5,889
106
1,000
6,995|**2023**
**£**
545
200
2,273
12,846
4,620
3,738
-
150
967
1,274
3,073
1,880
6,879
352
640|
|---|---|---|
|||39,437
223
2,000|
|||41,660|
The period to 30 April 2023 included two Pantomime Awards Events for 2021/22 and 2022/23 held at the Trafalgar theatre in April 22 and April 23 respectively. The year to April 2024 included all the Judges visits to see Productions but the Awards Event will take place at G Live in Guildford in June 2024 during the next Financial Year.
7
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Year ended 30 April 2024**
|**Support and governance costs**
**Administration costs**
General administration
**Governance costs**
Accountancy/consultancy|**2024**
**£**
106
1,000|**£**
106
106
1,000
1,106|**2023**
**£**
223
2,000|**£**
223|
|---|---|---|---|---|
|||||223
2,000|
|||||2,223|
8
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Balance Sheet 30 April 2024**
|**Notes**
**Current assets**
Debtors
**7**
Cash at bank and in hand
**Liabilties**
Creditors: amounts falling
due within one year
**8**
**Net current assets**
**Total assets less current**
**liabilities**
**The funds of the charity**
Unrestricted funds
**11**
- General fund|**2024**
**£**
1,000
25,287
26,287
)
(4,175|**£**
22,112
22,112
22,112|**2023**
**£**
10,000
12,384
22,384
)
(3,175|**£**
19,209|
|---|---|---|---|---|
|||||19,209|
|||||19,209|
The accounts were approved by the Board of Trustees on 19 September 2024 and signed on its behalf by
## **S Sladen (Chair) Trustee**
The notes on pages 10 to 14 form an integral part of these financial statements.
9
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
**Notes to the Financial Statements for the year ended 30 April 2024**
## **1. Accounting policies**
## **1.1. Basis of preparing the financial statements**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (issued in October 2019) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)).
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **1.2. Preparation of the accounts on a going concern basis.**
The charity is dependent on the continued support of sponsors and donors. The trustees believe that the company will continue to receive this support and accordingly consider that it is appropriate to prepare the financial statements on the going concern basis.
## **1.3. Incoming resources**
All incoming resources are included in the Statement of Financial Activities when:
- the charity is legally entitled to the funds
- any performance conditions attached to the income have been met or are fully within the control of the charity
- there is sufficient certainty that receipt of the income is considered probable
- the amount can be reliably measured
## **- Donations and legacies**
Grants/donations are recognised in incoming resources in the year in which they are receivable, except as follows:
- when donors specify that grants/donations given to the charity must be used in future accounting periods, the income is deferred until those periods
- when donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the preconditions for use are met.
10
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
**Notes to the Financial Statements for the year ended 30 April 2024**
## **- Charitable activities**
Theatre income - income from box office, performance fees and sundry other theatrical income is included in incoming resources in the period in which the relevant show takes place.
Project specific funding - when donors specify that donations and grants are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.
## **- Donated services and facilities**
Donated services or facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## **- Investment income**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **1.4. Expenditure**
All expenditure is included on an accruals basis inclusive of any VAT which cannot be recovered and is recognised when:
- there is a legal or constructive obligation to make a payment
- it is probable that settlement will be required
- the amount of the obligation can be measured reliably
## **- Costs of raising funds**
Costs incurred in attracting donations, and those incurred in trading activities that raise funds.
## **- Charitable activities**
Theatre production costs - costs incurred in production and running of productions toured in the year.
## **- Support costs**
The administrative and overhead costs associated with running the office from which the company operates as well as governance costs. Support costs are wholly attributable to theatre production costs.
## **- Governance costs**
Costs associated with the constitutional and statutory requirements of the charity.
## **1.5. Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.
11
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Notes to the Financial Statements for the year ended 30 April 2024**
## **1.6. Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1.7. Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **2. Incoming resources**
The total incoming resources for the year have been derived from the principal activity undertaken wholly in the UK.
|**3.**|**Net income for the year is**|**2024**|**2023**|
|---|---|---|---|
||**stated after charging:**|**£**|**£**|
||Independent examination|1,000|2,000|
## **4. Trustees' emoluments and reimbursed expenses**
The trustees received no remuneration during the year.
The aggregated amount reimbursed to trustees during the period was £269 (2023 £5,167).
## **5. Staff costs and numbers**
During the year the company had no employees
## **6. Corporation taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
|**7.**|**Debtors**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||Trade debtors|1,000|10,000|
12
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
## **Notes to the Financial Statements for the year ended 30 April 2024**
|**8.**
**Creditors: amounts falling due**
**within one year**
Accruals
Deferred income (note 9)|**2024**
**£**
175
4,000
4,175|**2023**
**£**
175
3,000|
|---|---|---|
|||3,175|
## **9. Deferred income**
|**Deferred income**
Balance at 1 May 2023
Amount deferred in the year
Balance at 30 April 2024|**£**
3,000
1,000|
|---|---|
||4,000|
Deferred income relates to sponsorship income received in advance.
## **10. Liability of members**
The members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
|**Unrestricted funds**|**Brought**|**Incoming**|**Outgoing**||**Carried**|
|---|---|---|---|---|---|
||**forward**|**resources**|**resources**||**forward**|
||**£**|**£**|**£**||**£**|
|General fund|19,209|9,898|)
(6,995||22,112|
|**Analysis of net assets between funds**||||||
||||**General**||**Total**|
||||**funds**|||
||||**£**||**£**|
|Fund balances at 30 April 2024||||||
|are represented by:||||||
|Net current assets|||22,112||22,112|
||||22,112||22,112|
## **11. Unrestricted funds**
## **12. Analysis of net assets between funds**
13
Docusign Envelope ID: 69CCCC14-9138-4A30-B35B-068892C4D2E3
## **THE UK PANTOMIME ASSOCIATION**
**Notes to the Financial Statements for the year ended 30 April 2024**
## **13. Related party transactions**
During the year the company had no related party transactions that required disclosure.
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