Comp4t)y registration number.. 08821450
Chwity registration numkr: 1199099
Nonsuch Theatre Limited
(A wnpany limitcd by guarantee)
forthe YcaT Ended 31 Marth 2025
RWB CA Limited
Northgate House
North Gatc
New B&sford
Nottin8ham
NG7 7BQ

Nonsuch Theatre Limited
Contents
2to 11
Ind¢p¢nd¢nt Examin&s Res
12
Stalement of FiDancial Artivities
13to14
Balan¢¢ SI￿
15ts16
Notes to tbe Fina￿101 Statements
17to30

NoD3uch Theatre Limited
Reference and Administrative Detsi13
Cbair
Cb*rity ReglstT*tlofj Number
11990Y)
Company Regutratioll Number
08821450
The ClJ8rity is itio)rported in ED￿d & Wal¢s.
D-FI￿r
Broadway Cinema
14-18 Broad Street
Noningham
NGI 3AL
Regi5t¢r¢d
Independettt Eumin¢r
RWB CA Limited
Northga* House
North G￿¢
New Ba5ford
Nottingham
NG7 7BQ
Page I

NoDsu¢h Theatre Limited
Trustees Report
The ITh￿¢¢$, wlw) ar¢ dir¢ttors for the purpjses of company law. prtseni th¢ annual report together with the
financial srotemeots of the charitable company for the yelr endtyj 31 March 2025.
The accoutts have been pttpwd in K¢ordance with the accounting policies set out in NOTE I to the accounts and
comply with the charity's governing documeDL the Companies Act 2006 8nd "AecountiDg al￿ ReportiThg by
Charitie5'. Staternenl of Recommended Practice applicable to clwtties PTeparing their accounts in accordance with
th¢ Financial Reporting Sthndard applicable in t￿t UK 8￿j Republic of Ireland (FRS 1021" (&$ amended for
accounting p¢riods CODllneDcin8 frotth l January 20191.
The AaDual Report represents Notts￿h Studios (th¢ trading Darne of No￿$ll¢￿ Theatre Ltd), a Tegist¢r¢d chaTity, and
its wholty owned 5ub5idiary NO￿￿£￿ Sti￿10s Trt4Jing Lbl.
AdmiDiStrative de¢*iJ8
l Nonsuch Theatre Ltd
Charity registrntion number:
1199)99 (Registered on the 26 May 2022)
Company Limit¢d by GuaraDttt without share c4)itsl.
Number..
08821450
Principal & Re8i5teted Office:
I>FI￿)[. BrnfAlway 14-18 Broad Street,
NOttitigb￿ NGI 3AL
Tn￿tee￿lrettOI5 .
Cath¢rin¢ MahTn(M)d (Chairl
Alex Millingknn {App)int¢d 01112r2024)
Tarnily Cookson
Courlney Nettieford
Christopber Sewell
Mtirtiti Valentine
Syaitia ShaTrthn￿dI
OIArtiStie Director:
2 NoMM¢b s￿dI0# Tnding Ltd
Private Limited Compw)y Numb¢r.
14125308 (Re￿ on 23 May 2022)
Principal & Registered Office..
L￿FI(￿r, Broadway Cinem4 1&18 Broad StreeL
Noititigkn NGI 3AL
Edward Bty)tt
Courtsw Nettjeford
Marthn Valeo¢in¢
S¢¢r¢tBry .'
Pa8e 2

IYoDsuch Theatre Limited
Trustee5 Report
Strnctsre. governattee •nd m*Dxg¢ment
Nonsuch Tr¢•tre LAd
Nonsuch Theatre Limited was regisiered OD 19 December 2013 as a c4)rnpany limiled by guarantee and its governing
document ¢ompris¢s Memorandum and Articl¢s of Association. Non5ucb TheAtr¢ Limited beume a registered
charity on 26 May 2022.
TnLStces arc re¢rnit¢d through a forniak pri)cess in¢l￿￿e9 open inVits￿n ￿ apply aDd with due recognition of the
¢harity'5 requirements foi skJ"Ils and experience and of its diversity b￿l￿¢t. The r¢rniitment process includes
diss¢mination of a Trustee R¢¢Tuittnent PacK intervi￿, a￿1 iDitial op￿rtUnity tts attend a Board rneetin8 in
Obsetv¢r status. An induction is provided for new tru5tee5 thmugh the Chair and CEOIArtisti¢ Dir¢¢tor and training
is PTovid¢d in malters a5 nccdcd e.g. ￿fe81￿ding and finanriti] n￿ni￿ring.
The organisationa15tructure allows for a CEO and Artistie DireC￿r with a small 5UPWJrting senior mana8¢m¢nt
t¢am, who tnanage day to day operdtions of the charity. Trustees approve a]1 stsff salaries and Wdges.
The Trustees meet forniaily on a quarterly basi5 #nd also attend xtivitic5 and events. The CEOIArti5tic Dlrecior
report5 to the Chair of the Tru5tces in addition to attending a￿] reporting at Tn]stee meetings. Decision n￿kIng
include5 defmed delegated authority.
Nonsucb Stsdios Trnditig Ltd
Nonsuch Sttjdios Trading Limited was re8iStertd OD 23 Mty 2022 as 8 wholly owned subsidiary of Nowuth Theatr
Lid. and manages any COMM￿¢181 or nonwcharttsble &tsvity on beh￿f of the charity.
Directors of Nonsuch Studios Trading Ltd are lloMin￿ by the Trustees of Nonsuch Theatre Ltd.
Dir¢¢tors meet fornhaily on 4 quarterly basis with attenda0¢¢ and a report from the CEOIArtistic Dirtttor. Decision
making ineludes defined delegated autlbjrity al￿ thy key dxisions are Teferrrd to the Board of the parent company,
Nonsu¢h Theatrt Ltd.
Public benef
To the besi of th¢ir abilty the charity Trustees have, in exercising their ￿WerS. compilcd with the guidance on
public benefit published by the Charity Commission. The Trustees have ensured compliance with public ben¢fit by
()ve￿¢Ing the delivery of the activitie5 identified below.
The trustees conffirn thot th¢y have complied with the rtquirem¢nts of section 17 of the Chariti¢$ Act 2011 to hav¢
due regard to the publi¢ benefit 8uidaDce publi5hcd by the Charity Commission for EngiazKb and Wal¢s.

Nonsuch Th￿tre Limited
Trustees Rew•rt
Objtttives and activitits
The charity's objects per the Arti¢les of A55ociation are as follows..
The advan¢¢meot of tbe arts of drdW perforn)an¢¢, music. ¢o118boratiYe ans. Cont¢m￿rary visual arts and
tnedia arts for th¢ publie benefit in Nottinglwm prinwily, atHI the midlands regiotL Dau0n￿lY aThd internationally by
the presen￿l￿n of artworks, workshop5. concetts. perfornwKe4 exhibithOn5 and festivals and by encowaging and
d¢Y¢loping public participation in these art forn￿.
Our WAI￿￿ xnd visio
Non$u¢h sthdios believe that CREATIVITY IS POWER aThJ our is ￿ see a world transfom]ed through
¢ultural and ¢r¢ative freedonL
Acr05$ all our proBranyDes ￿ aim to empD*fT ¢uhurnl and ue*iv¢ freedoms through unlocking creativity and
celcbrnting life.
We fill￿aInetttallY beti¢ve th¥ the powrr of crealivty can benefii the lives of everyone re8ardlc55 of a8c. culturnl
backwund or access ty opport￿lity. We watht to make sure that everyone h8s th¢ chance to explore their creativity.
artistic exyre5sion and culturnl freedotm and, by doing so. we strive to empower ¢ommuniti¢s to make p051tive
changes to ¢¢lebrat¢ life, and the world in whi¢h th¢y liv¢.
Whxt we do
•We 8Te QDe of the leading cre￿1¥¢ producers. theatre compaDies and cotwnunity ans $pecia]i$ts in the
Midland5.
•W¢ produce oriwal theatre. perfornthttce, experiences and events that launch in N0ttitigl￿￿ and tour ￿lO$S the
UK and beyond.
•We work with thousands of indivithia15 evtty year w develop skills and unlock creatiye potentid through our
creative classes artd transftirnwional ern￿we[Ment program￿￿ ill scknls and aeross the community.
•W¢ support artists, theatre ttLaker5 and cre￿IVeS at aoy sts8e of their carEer to m￿£ their best I￿rL fmd their p3th
and support their C￿nOMi¢ developmenL
Strategic objtttiw
•To empower individuals to unk)ck their potential
•To supp)rt communities ￿ thrive
•To p￿VIde OPFd)rtUDitics for ewwmic development
•To improve mental bealth WEllbein8
•To act as champioD5 of ￿￿1￿1 justice.
Page 4

Nonsuch Tbeatre Limhed
Trustees Rep)rt
Achievements and peTforni*D¢e
B¢lween l April 2024 and 31 Mar¢h 2025, NJDsu¢h Sbjdios deliv¢r¢d the fol]o*iDg xtivities:
NONSUCH STUDIOS PRODucfIoiY DEVELOPMENr
Over the COUTse of 2024r25 Non5uch Studios focussed on the redevelopment of our produLXion of new th¢atr¢
and work rettwning very much to our roots as a theatre compaDy and producing organisation.
T0 Set the dire¢iiot) of travel for our fi]ture produdion d¢vekJpmcnt we Horked over th¢ summer of 2024 to
develop OUT Future ProductioDs Plar4 outlinin8 the key areas for development over the 2024-2026 period. This
placed our prioriiies in the following key areas:
New Contemporary Devised Perfonnance
Th¢atr¢ & Perfornwi¢e for Early Y¢ar5. Children & Famili¢s
Digital Proj¢¢ts & InnovatiODS
These key areas built on Nonsuch's str¢D8th5 a5 & deviwj and physicd theatre-l¢d wrnpany aJyJ our
intemaiional approach to ￿￿kIng new Work was ide￿1￿cd a5 a key b¢Defit (Dr future suc¢ess and partnership
development.
From these plan5 we began to ￿ld Conver￿10￿ our trust￿ p8rtDer4 orgatiisational friend5 and past
ommissioners and Prtsgram￿ of our wts￿ to utthTstalld ktw we can collaboratr on the ideas and plaTh8 we're
beginning to put in place.
The5¢ Conversation5 were focussed on exploriD8 ¢oThmissionin8 and (￿PrOduCtion relationships that will
support the development of n¢w productions as ￿11 &8 explore ncw opportsinities fi>r collaiN)rations that take into
accouDt Nonsuch's expertise in pla¢evba5¢d atMI ￿MmunIty-1¢d cottUDi55ioning and producing.
OUTLAWED TOUR
• As Nonsuch Studios. most recent produ￿10￿ created in 2023, oirrLAWED a rab4ret and clown reimagining of
Robin Hood was identifi¢d ￿ the most artionable piece of produ¢¢d work to begin rebuildin8 relationships with
venu¢s and a￿dIenceS on tour. In early 2025 we be8an to prorne 8 tour for the AuttJJDn 2025.
DIGITAL PROGRAMME: WONDERGROUND
Following on from the success of our di8ita] itiStsi￿l0￿ of iDtothEclouds for NottiD8ham City Libraries,
Non5uch Studios Tradin8 Limited Wds sUccessfi￿ 5￿unD¥ fiwdiDg from Innovate UK to develop a range of
digital videos for early-years. WONDERGROUND.
Working with early years participants we ￿e￿sed a series of vid￿$ fo¢￿￿51ng on set)sory e￿10T￿liOn themes:
BREEZE. SHtNY. TUBES. BOXES. SHADOW & SCKUNCH.
Whilll this projeGt was a R¢search and Development project and not for publie sharing. it enabled us to really
develop expertise in the creation of digital content and understand thc capa¢ity of the rnarket for fiknjre
exploitation of our pmduced work and creative intellectual property.
ARTisf DEVElnPMENT
. We continued to k a flagship parn￿r for In Good Compony - the FA5t Midlands. artist development programn
l¢d by Derby Theatre. As memb¢rs of IGC $upp)rt¢d artists xros5 the East Midlands to receive 5UPPOrt in the
development of their worK iu p*ti¢ular offerin8 5UPP)rt fD)m n)¢mbers of the Non5u¢h Studi05 ieam
WIDER STRATEGIC & CREATIVE PARThERSHIPS
Nonsuch Studios remaincd a key patther of th¢ folloThin8 Dett￿Tk$. w￿rking to support the wider cultural offer
in the plac¢5 in whbch we work..
Nottingharn Str￿egI¢ Culnwa] Partn¢r5bip

Nonsu¢h Theatre Limited
Trustees Report
The Mansfield & A5hfi¢ld Cultwal Partr￿p
A5hfi¢ld Arts Patknership
ommuDi
Over the Course of 2024125 our CotDmuuity Progra￿¢ ba5 Continued to 8row at scale as 4 result of a concerted
fundraising and development effort in51igated and enabled by the closure.
CEiYfRE STAGE
Centre Stage 15 Qur t]agsbip progranun¢ for suppDztiDg attd developing new cont¢mpoTary perfornwice for
12-18-year olds working in patthership with schools and colleges acros5 Nottitighhmshir¢.
• This programme h&5 had mgny guises over the years li h&5 {since 2017) and is & key offer that has been
maintained throughout OUT variou5 operational Glrrullt5ta￿. In its initial period of delivery we ￿ured work to
unexpected venues in Nottingh•n ￿ Sch￿15 and colleges trnvelling ￿ se¢ show5" then when we had our own
Yenue 5choo15 came b) see shows in house: and ￿w. in the 2*26 deliv¢ry window we are touring show5 into
schools.
. At the heart of the prowdmme is the desire to pre￿nt wyjrk that is iD41iTed by yOUDg lives and genuinely relevanl
and interestiD8 to the yOUDg people of ttyjay. Young audience5 are in5pÉred by thc 5b)ws we present and then
unpack and un]ock theatre craft and coniextt41 insight throu8h a ran8e of workshops that they ￿0￿Se] through for
th¢ r¢st of the day.
This year w¢ presented two 5how3 ovEr two weeks of touria8.' one in the Autumn and one in the Spritig. Ea¢
sfftk)w toured to 4 SCI￿15 and to over 400 Styjdettts each week
The first sbow, Kinder by multl-awth-winni￿ Smokiug Apples Theatre, saw school venues tran5fonned into an
immersive train C￿riage for a puppety-led p¢rf0rnw￿t aknut the Kinder Trbnsp)rt mov¢menl at the stsrt of World
War 2. Workshops foc￿$Sed on pupp¢try skill4 j0urn¢y-b￿d Darratives, devisin8 and how to tell stories through
puppets.
• The 5e¢ond sFw)w. GRIP by PUSH Physical The&tr< att in*twionalty reTr)wned physical theatre company from
New York State. unpA¢k¢d the complex I￿)r1d of toxic masculinity and the difficult relationships and cha]len8es
young men face. Workshops explored physical theatre skills including mime. lifts and wunt¢rbalan¢es. ¢ont¢x￿2l
explordtions and understandkng and unpackin8 the themes of the pcrfonnanc¢.
IAX)kiD8 ahead to our 25126 delivery, the two show5 we will pr￿¢￿1 will be led by Nonsuch SttLdios' 8rtistic team
and be earty devclopments of new Nonsllch Studi05' sl￿w5
in¢rtdibly excillng offer and ¢hans a major
Mile￿one in our organisationaE development post v¢nuwpK￿0ns seeiD8 U5 be able to expand upon our charithble
airn5 and objectives.
In preparnion for th¢ development of these sb)ws. ￿ ￿11 be r￿￿￿]￿8 a rattge of worksI￿p$ in s¢hools over
Sunknner 2025 to hear young voico and ideas on what they w4at to see in these piece5.
TAKEOVER
In 2023124 we Concluded the TAKEOVER YouDg Volunteers S¢h¢me Captiva* and Inspire Culture. But in
2024125 we have co￿lnUed this partnership working and were su¢¢essful with fund5 from the UK Shared Prosperity
Fund to prodwe another edition of the TAKEOVER Festival in MaDsfield ID March 2025, continuiog our tole
festival producer ill the largest YOU￿1￿ festival in the E&st Midlands.
Nonsuch Swdios. rol¢ &8 festival produttr Saw us Work with 10 cohorts of young-¢reatives (who wer¢ in njm
workin8 with artists aTMI ¢reatives on projects) as ￿11 as a team of YOW￿ Festival Volunteers to tske over Fd larg¢
disused shop in the Four Seasons Shopping Centre in Mansfield and transfomi it into the festival Venue.
Pag¢ 6

Nonsucb Theatre Limitwl
Trnstees Report
•We programmed local artists ￿alIVe5 for the TAKEOVER STAGE which was ID the ¢etttre of the Shopping
Centre Ma]1 Concourse
•The total festival re￿h¢o an audie￿¢ of 2475 which att ill¢￿$e of 1200 on the first year of the frstival.
AT THE BANDsfAND
Nonsuch Swdi05 were succcssfirl irt being awarded funds from Historic England 85 part of their WoTking Clasg
Heritage fund io p￿dUce a projecl explorillg the social aTKI ¢uityral history ol the Victoria Embankment B￿d$land
ID Notiin8kn.
. This Iwation was selected as a venue that NoTrwch Studios Iwve a history of wY)rknD8 in, h8vitig be￿ the site for
OL5r NonsUCh￿￿-Trent Fe51iva] - a covid-5af¢ outdoor perfornwice venue over 3 weeks in Au8USt 2021.
At The Bandstand.. 80 Year5 of Story fo¢ussed on rein￿lning what the b8ndstsnd ealh be used foT. exploring its
rolc as a local and ¢ultural landmark and how its hi5knry and heritsge Can help galvanise community and
professional organisaiions to Shape its firture as 8 cultural space.
Working with a ¢reative heritage fa¢ilitrwr ￿ estab]i5hed a of local-b¢rita8c enthusiasts The Bandstsnd
Archivists who ¢ollaborated to record so¢ial and oral historie5. intrrviewtd ffsidents and bands who presented their
rinding5 in a touring exhibition.
The exhibition that was Cre￿ed presented at both Notttngham Central LiTr+r8ry and The Me￿oWS Library.
both for a two-week period and had over 9000 visilor5.
. A5 Pprt of the celebrnion ofthe Bands1￿ we prodwed Pw #t The B8lldSt￿- a Comrnunity cclebrntion event
thai brought together over 1,449 audieDce aDd participants to feed into thc project and experience the bandstand a5
Inusic and perfo￿A¥ll¢e venu¢. This day-event particularly suc￿f￿ and important for th¢ local ¢ommunity
it was the only free event happening at the Bandsta￿1 for the whole yw- provin8 the challenges that public veDue5
face in the curYeDt xow.
ASHFIELD CREATES
In 2023124 Non5ucb s￿d10s started wY)rkin8 in a consultsn¢y Capxty Ashfield Distri¢t Council to develop
and fi￿draISe for atl Arts Council England Place Partncr5hap Funding Bid - a strategic lin¢ of fimding to 5UPPOrt
Arts Coun¢il's Priority Places- which Athfield District had been id¢t)tified &$ in 2021.
In Summer 2024 il w&s announced that the bid had b￿n suxessfvl and £lmil]ion been secured by Ashfield
District Council to supp)rt a three year programrne of to dr¥mati¢ally increase and Msthin the arts and culbjral
offer in A5hfield.
To kick-start Ashfield Crcate5. Nonsu¢h Stydios al¢)n85id¢ a numb¢r of other members of the A5hfi¢ld Arts
Parnership underwok pr¢liminary engdgcTheTrt a¢tivities with communities across Ashfield itt order to b¢gJn the
¢o-creation and C￿deSign pr￿¢s$ of the progr8mme. In this hosted 12 cornmunity and artist-focussed
workshops, delivered a public engagement survey 8nd S￿*poned the creation of a Culttwol Strategy for A5bfield -
the first time the district has had swh a documenL
A public tendering PTDC¢SS opetted by A5hfield Distrid Council in Novcmber 2024 to appotnt a projeci
management organisation for the Ashfield Cr¢at¢$ projcct 8nd Nonsuch Studios successful in being awarded
thi5. Proj¢d management Tespon5ibilitics commenc¢d in February 2025 ahead of forEtLal delivery Starting in June
2025.
The Ashfield CTeate5 prograrnme will see Nonsuch Studi05 cwrdititite events, progrwnme5, Opporti￿ltieS and
activities that will reach over 157,700 live a￿llence memt*r& I6.0(￿ participaDts and work wtth over 750
voluDte¢rs, creatives and artists.
The se¢uring of this delivery wntra¢t is a hu8¢ tnarker in Nonsu¢h Studios. bu5ill¢Ss transition and will see US
8row dramaii¢ally in 2025126 with funds securing the growth of our team, providing manwent Costs and
facilitating new delivery ¢apa¢ity for our wwk.
P4e7

Nonsuch Theatre Limited
Trnsteeg Report
STACE THE crry
Over the course of 2024125 the Nonsu¢h Studi05 team began to reimagine our relationship with the city of
Nottingham following the end of our venue operntions and I￿ked to develop a new way of working in the city that
built on p&%t relationships and fOC￿ed on the ¢r¢aiive and community &spects of our pr¥ti¢e.
Sts8e The City was therefore devised a new programme would see LLS work with local communities in thr¢¢
wards of the City wher¢ we had strong CODTKdiolls.. Sneinton (close to old venue premi5e5), BU]￿11 (wh¢r¢ we
delivered a thc Wondcr Woods pTo8rarnme Pre￿id) The Mea$kn￿ OK)me of both NoDsurh ott Trent Festival
and At the Bands￿nd projertl.
• At the end of 2024125 we were su￿¢5Sfi￿ in bein8 awatded £IS0.1)c￿ from Esmee Fairbairn FourthD to bring
this Projert to lif4 with an anti¢ipatrd swt dats of June 2025.
RECULAR CLASS PROGRAMME
Through the year we ¢ontinued ts run our longThStsnd￿Jg regular class PfQ8TamtDe and successfi￿Y transitioned
our programme from our OWTL venue to new l(KatioDs amss Noitillgbam City Centre.
Nonsuch Young Compally- we¢kJy yoth theatre for agcs 5-9
Home Rangers - ￿ckdaY youth theatre aDd creatiyc xtivity sessions for the home ed￿ated community aged
5-13.
Script Read¢rs- a wtekly Script reading ￿up
HOLIDAY ACTI￿ FUND (HAF)
. Working with MetrO￿)Ilta[I Tham¢5 Valley Ho￿10& No￿such Sti￿105 produrcd 3 weeks of Holiday Aclivity for
yow peopl¢
WIDER COMMUNITY PARTNERSHIPS
Nonsuch Studios remained a key partDer of both Cb8lleNGe and Captivate Culturat Education Partncr5hips,
working extensively with schoo]s and ¢biidr¢n and yo1￿8 people acw55 Nthtitigham City. A5hfield and MaDsfield
respectively.
Page 8

Nonsuch Theatre Limited
Trustees Report
Financigl Review
Across 2024125 Nonsueh Studi05 Boar(L ScDior Team aThJ Stsff worked to continue the work esthbliSh￿ in 2023124
in changing and reorienting the charity'5 busine55 Model followit)g the ending of venuc opcrdtions at 92 LA)wer
Parliament Street.
Ov¢r the course of 2024n5 the d¢¢isions tskeD in the previous financial year continued to prove thcntselves to be
the ¢one¢t one5. with the organisations financial health CODtÉnuiDg to improve ond or8anisational capacity frecd up
dro￿aticallY w focus on the ncces5ary fiuthising and d¢Yelgptthent work required ￿ maximise the opportwiities
pr¢sented by this shill attd focus whol¢heart¢dly on projccts meet and our charitable purposes.
It's also worth noting that whi15t the fll￿￿1al pictw¢ for Non5uch Sbjdios ¢ontinu¢s to improve, the operatkonal
environmcnt ¢ontinues to be a diffiruh one with the inwct of iDfi&titsn affe¢tin8 th¢ costs of Pr￿JuCtion and
delivery. and comp¢tition for 8TaDt funding remaining a key risk in the k*ng terni.
Throughout this year, the focus has been on the ¢on501idation of tsur aTrJ inv¢51m¢nt of time in busine
development. fimdr8isin8 arml changing our business plan. A5 such the organisation has rem¥ined frugal in our
expenditure beyond designaied PToject costs and maintsined a Sm￿1 stsff team (3.6FfE) and established a Iow-wst
ad ly)c busin¢ss prerni5es model with Iow•COSt offi¢¢ spaL% attd ad tr￿¢ hires for studio and Storage space.
Oyeratl incom¢ for the year is £319,686 compared tsy £403.101. Over the wutse of the financial yeaT doftations And
grani income Teduced to £115.712 ￿rnpartd to l&st year £250.921 mainly due to r¢duced 8overnrnerrt and
¢otnmunity 8rants. However last year incom¢ includes charitable and tr*Jing income su¢h ¥$ income from kitchen
and caierin8, Studio hire rclated to Icasehold prmises operated in last ye￿.
Expenses for th¢ year is £195.044 compared io last year £509.612. last yetr expenses included rent. rate5 and
maintenan¢e expenses in relation to 92 Lower Parliameni Street WLtiI the charity rnved out from the buildin8 in
January 2024. Al$0 included in last year expenses is th¢ loss on le￿1]01d irnprovements of £105,890 on 92 IA>wer
PaTliarneTrt Street. With th¢ reduced activities. Staff costs w¢r¢ reduced to £90.485 frorn £204,314.
The over￿1 result h&5 been an opernting swplu5 of £124.642 wmpartd to the deficit of £106,511 in 2024.
The total funds that caThy forward to 2025ll6 is Iiegativ¢ £21,385. Thi5 consists of negative unr¢stri¢t¢d fimd5 of
£53.252 and r¢stri¢ted fimds of £31,867.
The Tru5tces are aware of and approve this newive res¢rves b21aDce aDd nots the preth)minant fa¢tor in thts
negative P05Ltion in the unrestricted acCO￿￿t l5 the presence of a number of IA)ans held by the organisation.
Comprisin8 one 50cial inves¢m¢nt loan {relatin8 to venue opcralions) and one c0vid-t￿ynce back loan the current
repayment balance of £100.891 has budgeted repayments and is factorcd into the organisations futs￿¢ firwJ¢ial
plannin8. Other crcditOTS at the year end point h￿e cleaT route5 to cleaT*ll¢¢ in QI of 2025126 given the succe55 of
funding bids.
The ¢urrent poli¢y of the Tr￿Stee5 is to grow unrestri¢t¢d res¢rves equivalent to thrcc month$ redu¢¢d openting
osts. At th¢ ¢nd of this year. 3 month5 of opcrating Costs Mt)uld set th¢ reserves level at £48.000. A5 the
or8ani5ation grows in the ¢omin8 year due to wider dclivery (PaTti¢ularly from Ashfield Creates) this figure will
incre&8e to approximately £86.000. Our iaTg¢t is io wntribute £21,500 per year to this 8moullt over the coming 4
fJnan¢ial years and will be reviewed t¢gular]y. In 2024125 w¢ submitt¢d our fw5r Theatre Tax Relief claim for the
produ¢iion of OUTLAWED in 2023. tbis b￿ught in over £16.C4)O ￿ the organisation that helped secure the venue
transilioJ4 and we hop¢ in the fijture ￿ further levern8e creative t&x relief a5 the main method through which we can
rebuild our r¢s¢rves l¢Y¢l- ¢$pe¢iaUy wnsideriD8 th¢ increL8e in pmduced wyjtk we hope ts fulfill in the future.
Pa8e 9

Nonsuch TheY4tre Limited
Truxtees Report
Tnjstees remain confident in th¢ resiliente of Nonsucb StLbJios as a going wttcern, especially Since overwming very
challen8in8 cirrum51an£¢$ and att anticipated and apprvv¢d deficit in 2023124. As pr￿f of this the finan¢iaJ picture
achieved by the end of 2024125 slK*wT clear and marked progress in enabliti8 the SU5Lainability of the
organisation and evidence that the a￿lOn$ taken in the past h&v¢ led tc* the stsrt of positive imp#¢ts in the ac¢ounts.
¥Tri15t the fiTwn¢ial position improved Si￿lficant1y, it IS Still imFKJrtaDt to t￿te the Current overdrawil Frfjsition
reached at the end of th¢ finan¢iai year. Thi5 fi8ure ts 5]￿lficantIY 1¢55 than at the end of the previous financial year
and we exyect thi5 to further improve over the course of the 2025126 f￿1a￿la1 year the results of the work on
fundraising ond pro8r8tDme development wmes to fruition.
As part of the orgaDisatiOtt'$ drive for future su5tainknilty there will always need to be a clear focus on the
d¢v¢lopment of unrc51riGI￿ funding and the covering of core opernionai ¢osts ￿thin any restricted project fimding
to eD5ure the daY.t￿￿Y otmtiC4L5 of thE ¢harity ar¢ n￿Intri￿ed.
The Trustee5 co￿lnue th monitor th¢ financial health of the organisalion c105ely. rnertillg regularly to ¢nsllre
fundraising and income generating t8r8ets are being tnet aDd provid¢ addttional support to the staffing team where
n¢ce5sary. Trusttts ar¢ updat¢d quarterly order to A5%55 Pmy risks that may arise due to potential reduction in
FuDdrAising xchievtments
Nonsuch Studios have be8un lo see Clear ￿tiCk3 in our fundr8isillg effort5 over the course of 2024125. ltsspire
CulturHI L¢8rning and Librarie5 continued to be a key parkner in filnding Nonsuch s￿di0 io deliver the Takeover
ptojed alollgsid¢ wider Work for the Captivatr Cultutal Education Partner5Illp. H"LStori¢ England Ba¢ksta8e Trust
re new fimders in this fuwicial year with Arf5 CcrtuKil contiDUiD8 to be a kcy supporter of ow ¢r¢8tive
work
Our Telationship Ashfield Distri¢t Council h&$ ￿owll a￿1 our appointtnent &$ the Programme Monagets of
Ashfi¢ld Create5 will See us Ma￿age a £1.2million prorn until Autrjnw 2027 with £969,0￿ of thY4t secured
tbrough delivery contract.
Key *re considered ts be:
. The conlinued redevelopment of the Organis￿l0n￿ business Trymkl the need to continually increas¢ fjjndraised
income for Core organisational costs and COTnmer¢ial income to reduce the reliance of th¢s¢ costs on fijnding.
- EnsiJrin8 the Nonsuch s￿d10s team has the capacities S￿+pOrt ￿ deliver all elements of the prO￿amMe and
workload effectivety.
. To wntinue to fundraisc. lev¢rage incomc WMI build donations in order to Tnove the organisation to
build up fre¢ Teserves levels.
All trustees and senior tDanagement w￿rk together to orgaDisaiional risk re8i5ter whicb is reviewed and
updated regularly at Tn￿lee board meetin85 with a¢tiODS minuted and implemcnta b) mitigat¢ any potential ri5k5.
P88e 10

NoDsuch Theatre Limited
Trnstees Report
St8tement oftrnstees. r¢sponsibi]ities
Th¢ trustees {who are a150 the dire¢tors of NoDsuch Theatre Limit¢d for the purposes of compaDy law) are
responsible for preparing the tru5tec5' reF￿ ond th¢ flnancial ststements in ac￿rdanCe with applicable law and
United Kingdom Actowiting Standards (United Kingdom G¢n¢rally Accepted Accounting Prn¢ti¢e), including FRS
102 "The Financial Rrporting Sthndard applicable in the UK #nd Republic of I￿13nd..
Company law requires the tru5tec5 to prepare finan¢iaJ statements for eath financial year. Under company law the
tnjstees must not approve the fi[w￿l81 statetnents unless they ar¢ satisfied that they give a tNe and fair vi¢w of the
slate of affairs of the ctmritable company and of the incoming Tes0U￿¢S and applÉcalion of re50ur¢¢s. in¢ludin8 its
income and ¢xp¢nditure. of the cbaTitsble Company for that period. In preparin8 the5c financial sty*m¢nts, the
tru5tEC5 are required to..
sel¢¢t suitable ac¢ouniing p)lici¢s and appty them ¢onsist¢ntly.
observe the methods and principles in the Ckwities SORP..
make judgements and estim￿tS that are re￿nable and pruden¢
State whdhcr applirable a¢counting staDdard% Comprising FRS 102 have been followed. subjed to any materi81
departure5 disclosed and explained in the financi￿ sth*ments; and
prepare the f￿anCIal statements on the going concern basis uttless it is inappropriate to presume that th¢
charitable company will continue in busin¢s5.
The tnjstees are responsible for keeping proper ac¢ouMing r¢cord5 that caD dtsclose with ￿¥S0nable accuracy at any
time the finan¢ia] position of the charithbl¢ ¢ompany and enable them to ¢n5we that the f￿an¢la1 statements cornpty
with the Companies Art 2006. They are also resp005ible for Safeguarding the wets of the charitable company and
hence for taking reasonable sieps for the prcyention and detedion of fraud and other irr¢glllaritie5.
The t￿￿te¢S ar¢ responsible for the mainienaDce znd Inte￿Ity of the Corporate and financial itifom)ation included on
the charitsble ¢ompany's website. Legislation Bovernin8 the P￿paratiOn and dissemi￿0￿ of financial Mat¢m¢nts
may differ from legislation in other jurisdictions.
The annual r¢tKJrt wa5 approved by the truskes of the Cbarity on 16 De¢¢mber 2025 and signed on its behalf by..
Ca/Aenii¢
Chair
Page li

Nonsuch Theatre Limited
Independent E￿miller,5 Report to tbe trustees of Non$uth Theatre Limited ('the
Company,)
I report to the CIMrity tntsttts on my exami￿0￿ of the of the Company for th¢ year ended 3 1 March
2025.
Responsibilities ￿815 of report
A5 the Charity'5 trustees of the Company (and dso its directors for the pryses of company law) you are
responsibl¢ for the pr¢par&tion of the accounts in aceordatte with the requirements of the Companies Act 2006 ('the
2(N)6 A¢t').
Havin8 satisfied myself that the accounts of thc Company a￿ Mt requited to be #￿j1t¢d under Part 16 of the 2006
Act and are eligible for ind¢p¢ndent exami[￿0￿ I TCPOrt in respect of my examination of your Chariry's a￿u￿t5
as ¢￿Ti¢d out under 5Xtion 145 of th¢ Clwities Ath 2011 ('the 2011 Aa.). En WiDg out my examinatiott I have
followed th¢ Directions 8iven by the Charity conun1￿10ll utbkn sedion 145(5Xbl of the 2011 Act.
IDdepeDdettt emminer's stxt¢m¢nt
Sin¢e the Compan￿5 gross income ex¢eeded £250.0￿ your examiner must be a member of a Ix>dy listed in section
145 of the 2011 Act. I confitm that I am qualffied to undeTtske the cxamtttatson because I am a member of , which is
one of the listed bodi¢5.
I bavE completed my examiDation. I confirni that no mott¢Ts have come to my attention in COt￿¢¢t10ft with the
examination givitsg me ¢aus¢ ￿ believe".
. acwurtting re¢ords were not kept in re5PC¢t of Theatre Limited as rcquired by seaion 386 of th¢
2006 A¢¢ or
2. the accounts do th)t accoyd with those records" or
3. the accounts do not ￿mPlY ￿ the &¢ouniing requirements of s¢¢tion 396 of the 2006 Acl other than any
requirement that the acCO￿ts give 8 'true snd fair view wbich is not a matter considered a5 Part of an
ind¢pendent examination" or
4. the a¢counts have not been prepfired in w1d8￿e the metlvyJ$ and prin¢ipl¢s of the Statement of
R￿QMMended Practice for accouthting and reporting by charitie5 [appli¢able io ¢hariti¢s pr¢parin8 their
accounts in accordance with the Fina￿181 Reporting StaDdard applicable in the UK #Thd Republic of Ireland
(FRS 102)].
I have no concerns and have come a¢￿$S no other matters in connection with the ex8min8tion to wbi¢h attention
hould be drawn in this report in order to enable a proper undeTStsnding of the accounts ￿ be reached.
N Bonnello FCA
Northgate Ho￿e
North Gat¢
New Basford
Noitingham
NG7 7BQ
16 December 2025
Pa8e 12

Nonsu¢h Theatre Limited
Statement of Finan¢i81 Activities for the Year Ended 31 March 2025
ncluding Income and ExpeDditure Account and StatemeDt of Total Recogniged Gains and
Lthses)
Unrestricted
Restri¢t¢d
rwids
Totsl
2025
Ntste
Incozne Ind Endowm¢nts from:
Donation5 and legacies
Charitable activities
Investment income
27,655
203,916
58
88.057
115,712
203,916
58
Totsi incorne
231,629
88.057
319,686
EipetsdAtur¢ on:
Charitable activitie$
109,079)
85,965
(195.044)
Total exp¢nditi
Nei incom¢
(109.079)
185,965
195,044
122.550
2.092
124,642
Net movement in furtds
122.550
2.092
124.642
Reconcili*tion of fwids
Tothl funds brought forward
(175.802)
29.775
146,027)
Totsl fimds ¢aTried forward
22
53252
31.867
21,385
Page 13

Nonsuch Theatre Limited
Statement of FiDaneial Aetivities for tbe Year Ended 31 March 2025
Un¢ludiDg Income and Expenditure A¢￿U0t and Statement of Total Reeognised Gains alld
Losses)
Unrestricted
funds
Restricted
fTwds
Total
2024
Nott
Income gDd Endowments from:
Donations and legacie5
Charitable a¢tiviti¢s
Other trading a￿1VItieS
Inve5tttLent income
Other income
123.779
94,713
39,501
2.689
8,077
127,142
7200
250.921
101,913
39.501
2,689
8,077
268.759
134,342
403.101
Exp¢Jdithre OD:
Raisin8 fimds
Charitable a¢tiviti¢8
(18,5441
(344.466)
(3)
(146,599)
(18,547)
(491,0651
Total expenditur¢
(363.010
(146.602)
(509.612)
Net eywditUfE
94251)
112.260
106,511
Net m0ven￿￿t in fiu
(94251)
{12,260}
(106,5111
Reconciligtion of fund5
Total fillkd5 brought for4ward
81,551)
42,035
39,516
Tots] fimds carri¢d forward
22
175,802
29.775
146,027
l of the CbaTity'i activities derive from continuing operations dwitig the aiM)ve twYJ periods.
PaBe 14

Nonsueh Theatre Limited
(Regiitration number: 08821450)
Balance Sheet ￿ at 31 March 2025
2025
2024
Ntst¢
Fixed *s5ets
Tangible
Investyn¢nts
15
16
11.736
1,222
11,737
1.223
Current *55ets
DebtOf5
Cash at bank snd in h8Dd
17
18
154230
413
36.426
283
154,643
36,709
Creditors: Amounts f*llittg due within one ymr
19
113.279
98,364
Ntt current assttsl(IiAbilities)
41.364
61,655)
Tot81 usets less currtnt liAbiliti
53.101
(60,432)
Creditorg: Amounts f*llinK dut #fter mor¢ than one
20
74.486
85,595
N¢t liabilities
21.385
146,02
Funth ofihe Cbarity:
Res¢ri£ted income funds
Restheted funds
22
31.867
29,775
Unrestriet¢d income fuDds
Unrestricted funds
153.252)
175,8021
Totsl fuDds
22
21,385
146,027
For the fmancia] year endin8 31 Marrh 2025 the Charity m thttitled to ¢x¢rnptiOD from a￿lIt under section 477 of
the Companies Act 2006 r¢latin8 lo sma]I compoDies.
DirKttsTS' r¢sponsibilitics'.
The member5 have not requir¢d the Charity kn obtsiffj sn audit of its ￿counts for the Y￿ in question
accordance with section 476. and
The directors acknowledge their responsibililie$ for ¢oD]plyiD8 with the requirements of th¢ Act with respect to
ounting rttords and the preparation of xcounts.
Pw15

Non8ueh Theatre Limited
(Registration Dumber: 08821450)
Balance Sheet w at 31 March 2025
Th¢ finatKiai staternents on pages 13 ty 30 were appToved by the InLStees. and authorised for issue on 16 December
2025 and SigTLed on their behalf by..
Chair
Page lfj

Nonsuch Theatre Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
I Chlrity gt•tus
The Charity i5 limited by guatantee, incorwjrated in Engiajyj & Wales, and consequcntty does not have sha
¢apital. Each of the trustees is liable io contribute an not ex¢eedin8 £1 towards thc assets of the Charity in
th¢ eveni of liquidalion.
The address of its registered office 15..
D-Floor
Broadway Cinema
14-18 Broad Street
Nottingham
NGI 3AL
2 Accountitig polities
Summiry of signifiexnt aecouDtiDg policie5 #Dd key iccrJuntiDg estimates
Th¢ principal accounting poli¢ies applied in the preparation of these financial staterntnts arr set out below. Th¢5e
policies have bttn con5isiently applied to ail the ycars PTesented. unless otherwise stht¢d.
StRttmtnt of compliaN¢t
Th¢ financial statements have bc¢n pr¢pat¢d in accordaDc¢ with A¢¢ountin8 and Reportin8 by Charities.. Stat￿llent
of Recommended Practice (applicable to charities preparing their aceounts in accordan¢e with the Financial
R¢porting Standard applicable in the UK and R¢public of Ireland IFRS 10211 (issL￿ in October 2019) - {Charities
SORP IFRS 102)), the Financial RetM)rtin8 Standard applicable in the UK #nd Republic of Ireland (FRS 102) and
the Cotnpanies A¢t 2006.
Basis of prepArxtio
Non5u¢h Theatr¢ Limited rnerts the definition of a publi¢ benefii entity under FBS 102. Assets and liabilities are
initially recognis¢d ai historical w5t or Innsaction v4luc unl￿$ Oth¢r￿se 5thted in the rel¢vant accounting policy
note5.
Going ¢oDcern
The trustees consider that there are no M￿en01 uThcertaintie5 about the Charity$ ability to continue as a going
Concern nor any significant treas of wi¢ertainty that affect the ¢arrying value of assets held by the Charity.
Exemption from preparing * e•$b ljovl statemetst
The Charity opted io early adopt Bulletin I published on 2 February 2016 and have therefott not iD¢luded a c&%h
flow stsi¢m¢nt in these fina￿1&1 stst¢ments.
Income ind endowmtnts
Ail incom¢ is reco￿lSed once the Charity h&8 entitlement ty th¢ itKome. it is probable that the inwme will be
received and th¢ amount of the inGome r¢¢¢iv8ble ¢aD be measured r¢liably.
Py17

Nonsuch Theatre Limited
Notes to the FinaD¢ial Statements for the Year Ended 31 March 2025
Donalions ¢wnd le84¢1
Donations ore recoyJi5ed when the Charity has been notified in WTiting of both the amount and settlement date. In
the event that a donation 15 subject to conditions thai require a level ol perfomw)¢e by the Charity beforc thr
Clwity is ¢ntitled to the fullds. the income is deferred and wt recogThised until either those ￿ndItIONS ar¢ fvlly met,
or th¢ r￿lfi]ment of those coDditions is wlM)Ily within the ¢ontrol of th¢ Charity and il is probable thAt these
conditions will be fiLlfLllcd in the reporting period.
receivoble
Gratlts are rewgnis¢d wh¢n the Charity has ath ¢ntit]¢m¢nt 10 the fimds and any conditions link¢d to the gr8nts have
been mel. Vlh¢r¢ p¢rfomwJce conditions #re atts¢h¢d to the &Tant and are yet kn be mel the income is recognised &$
a liability and included on the balance sheet deferred incom¢ to be rele￿.
Deferredillco•Ne
Deferred inctsme r¢pr¢s¢nts amounts received for futtty¢ p¢riods and is rele￿d to incoming reg)ur¢es in the period
for wbiel it has been r¢¢¢iwed. Such income is Only dcfeTr¢d when..
- The donor specifics that the grant or donatioD must only be used in full￿¢ a¢counting periods: or
- The donor h&$ irnTM)sed conditions whi¢h m￿1 be met befo￿ the Clwity Iw ￿CondillOnal entitlement.
Imvulmentincome
Dividends are recognised on¢¢ th¢ dividend been decI￿d n￿lfi¢atIon h&s been received of the dividEnd
due.
Expenditure
Ail expendÉture is re￿gniSed (bnce there 15 a legal or consttvctive obligation to that expenditure. Lt is probabl¢
Settlement i5 required and the anM)Unt can be rneasured reiiobly. All eo$ts are allocated to the applicable expenditure
heading that aggregate similar costs to that category. Where costs catsnot be diredy attributed to particular headings
they have b¢en allocated on a b&sis cOn5iSte￿ wtth the Use of resources. with centrdl Staff costs allocated on the
b&si5 of titne spettL atsd depre¢iation charges allocatcd on the portion of the 85S¢t's use. Other 5UPPOrt cosLs are
allocated b&%ed on the 5pr¢&l of stsff costs.
These are costs incurred in attracting volunwy income. the rnanagement of investments and those incurred in
trading activities that raise funds.
ChorilÈTble Qaivilies
Charitsble expendifure ¢ompri5es those costs incurred by the Chrity in th¢ delivery of its actiYitie5 and 5ervL¢e5 for
its beneficiaries. It includes both costs that be allocated directly to such activitie$ and th(Ke cort8 of an indirect
nattire Decessary to support thern.
Governanee costs
These in¢lude the c(Trsts attributable to the Chartty's compliance ￿tb con5titutsonal and sthwtory requirements,
including audiL sifdtegi¢ management and trustees rneetitigs and r¢imbursed expeTLse5.
Page 18

Nonsuch Theatre Limited
Notes lo the Financial Statements for the Year Ended 31 March 2025
Government ErgDts
Govertlln¢nt grant$ r¢cognised b￿d on the aGcn￿l Tnodel and are measured at the fair vaiuc of the a55et
received or receivable. Gnnts ￿¢ ¢18ssifi¢d as relating either to r¢venu¢ or 10 assets. Grants relatin8 to revenue are
re¢ognised in incorne over the p¢riod in which the ￿lated costs are r¢wgni$¢d. Grat)ts relatin8 to &$5ets are
r¢cognised over the expected usefut lif¢ of the a￿¢1. Where part of a 8Tant relating to an asset 1$ d¢ferred, it is
r¢cognised as deferred income.
Taxation
The Charity is con5iderEd to pass the tests set out Paragraph I Schcdule 6 of the Finance Act 2010 and thercfore it
meets the definition of a charitable company for UK ￿TporatiOn tLX purwses. A¢¢ordingly, the Charity is
potentially exernpt frorn taxation in ￿sPeCt of incornc or capitsl gains re¢¢ived within categories covered by Chapter
3 Part I l of the Coryoration T&x Act 2010 or Se¢tion 256 of the TLUtion of Ch8Tg¢able Gatns Act 1992. to the
extent that such income or gains are applied exclusively ￿ ch8Titable purp05e5.
T8IIEible flled 955ets
IndiWdu￿ r￿ed &sset5 are initially recordeA at cos( les5 any subsequent a￿Umulat￿ depreciation and subs¢qu¢nt
accumulated lmpalrn￿nt losses.
Depreci#tion and *morti5atiott
Depr￿jatIOn is prnvided on tsngibl¢ r￿ed assets so as to write off the wst or Valuatio￿ 1¢55 any eStim￿¢d residual
value. over their expectcd useful e¢onomi¢ life as (DI10￿=
BusineyJ towbin8tions
Bllsines5 Cotnbinalions ar¢ accountrd for under the purchase method. Wh¢r¢ necessary. adjustments ar¢ made to the
financial statements of subsidiaries to bring thr a¢£owitjTh8 policics used iTrto line with tknse used by the Ch8riry. All
intra-group trdnsactions. balan¢¢s, income and expenses ar¢ eliminated on Consolidalion. In ace<)rd8nce with S¢¢tion
35 of FRS 102, Se¢tion 19 of FRS 102 has Th)t been applied in these finwKial Statements in resp¢ct of business
¢ombination5 effected prbor to the date of tsan$iiion.
Fixed ¥sset investments
Fixed asset investtnents, other than programnw related iDYc5knents, are included * market value at the balanc¢ $h¢¢i
date. Reali5ed gains and losses on invr5knents are ca]culated as the difference between Sales proceeds and their
tnaTk¢t value at the start of the year. or their subs¢qu¢nt COsL and charged or credited to th¢ Ststement of
Financial Athivities in the peri(Ml tsf dispos81.
Unrealised gain5 and losses r¢pre5ent the rnovemem in markct vaiucs during th¢ year and are credi*d or ¢harged to
the Siatement of Financial A¢tiYities ba5cd on the market value at thc year end.
Pa8e 19

NoDSUth Theatre Limited
Notes to the FiDaneial Statements for the YeAr Eoded 31 March 2025
Tr8de debtorj
Trade debtots ar¢ amou[￿ due from cuslomers for mercbaThlis¢ sold or services perforJn¢d in the ordinary course of
busine55.
Trade debtor5 ar¢ r¢cognised initially at th¢ traDsactioD price. They are 5ub5equently measured at arnorti5ed (x)st
using the effective inter¢st method. less provision for impainncnt. A provision for the impaimient of trade debtors is
established when there is objective evidence thai the Charity will not be able to collect all anjounts due acwrding to
the original ternhs of the receivables.
Casb *tsd usb equiv*leDts
Cash and c&sh eqUi￿¢￿ts comprise cash on hand and call deposits. and other short-lenn highly liquid iovestsnents
th8t are readily conv¢rtibl¢ to a knowil amount of ¢￿h and art subjcrt to an insignificant risk of chpmg¢ in value.
Trnde creditor5
Trade creditors are obligations to pay for goods or services thai h8ve been acquired in the oidin8ry course of
busines5 from suppli¢TS. Accounts payable att classified current liabilities if the Charity does not have an
un¢onditionai rigFLL at the end of the reporting period, w defrr settlement of the crediior for ￿ le&8t twelve months
after the reportin8 date. If there is an unconditional right to defrr 5ettlernent for at least ¢w¢lve months after the
reponing date. they are presented &8 Mn-current liabiliti¢s.
Trade Creditors are reco8Di5ed imlially at the tr2E￿tion pri¢¢ and subsequently measured at amortised cost using
the effertiY¢ interest rnethod.
Borrowin
Interest-bearin8 F￿)rrOwing5 are irtili￿]y Tec(Jrded ai fair value. nct of ttansathion cosLs. lDte￿St-b¢arLnB borrowings
are subsequently carried at amortised m %*ith the dIfFere￿e bchY¢¢n the proceed5, net of transaction costs. and th¢
mount due on r¢demption beitlg recogni5cd os a charge to the Statement of Finan¢iai Activitie5 over the period of
the relevant EKJrrowing.
Interest expense is recognis¢d OD the b&sis of the effective inte￿1 metlKMI and ts included ID int¢r¢st payable and
similar Cha￿5.
Born)wing5 are ¢lassifi¢d as current liabilities unlcs5 th¢ Chatiry has an uDconditional right to defrr 5ctt]¢ment of the
liability for at leth twelve months after the re￿rtIng date.
FuDd structure
Unrestricted income gelleTri fimds that are available for use at the trustees discretion in firtherdnce of the
objectives of the Charity.
Restricted incottte funds those donat¢d for ￿ in a particutsr area or for specific purposes. the ￿ of which L5
restricted to that area or PUTW)se.
Page 20

Nonsuch Thegtre Limited
Notes to the Finatteial Statements for the Year Ended 31 March 2025
PeD5iOn5 xnd oiher pom retiren)ent obiiytions
The Charity operates a d¢fined contribution pension ￿hem¢ which is a pension plan UDder which fixed
contributions are paid inio a pension fi￿d and the Clwity has th) legal or ¢onstructive obligation lo pay further
¢ontributions even if the fimd do¢$ t)ot hold suffieient a55ets to pay a]1 ¢mploy¢¢$ the benefits rclating to
¢mploye¢ service in the current and prior periods.
Contributions ￿ defined contribution plans are re¢o8nised in the Statement of Finan¢ia] Activitie5 when they are
due. If Ctsntribution payTh¢Dts exceed the contribution due for Service. the excess is recogni5¢d a prepaymenL
Financial assets and fiDaneial liabiliiies are r¢¢ognis¢d wlwh the Cbarity becomes a pany to the contractual
provisions of the instrument.
Financial liabilities and Equity instnEm¢nts art clas51fi￿ according to th¢ Substance of the contra¢tsJal arTangements
entered into. An equity instrument is contract that ¢VIde￿ a Tesidua] interest in the &ssets of the Charity after
deducting ail of its liabillties.
3 Income from donations #nd legacies
Unre5triet•JJ
funds
Gener*l
Restricted
funds
Tot*1
202S
Donations and le￿cle$-
Donation5 from individuals
Grants, includin8 grants.
Government 8Tants
Grants from other clwitie5
801
801
51.377
36.680
51.377
63,534
26,554
27.655
88,057
115.712
Unrestrieted
ReJtrirted
fuDds
Trjtal
2024
Ge￿¢1•]
Donation5 legacies"
tk)nations from individuals
Grants. including capilal ￿.
&)vernment 8fdnts
Grant5 from oiher ¢hariti¢5
24,515
24.515
32.714
66.550
79,5¢JO
47,642
112,214
114.192
123,779
127.142
250.921
Pa8e21

Nonsuch Theatre Limited
Notes to the Financial Ststements for the Year Ended 31 March 2025
4 Income from charitsble adiviti¢s
Unrestri¢t¢d
Tot¥1
2025
General
Communty & edu¢*ioD
Studio hire
Ptrforman¢¢ aDd events
Consultancy & event management
25.437
1.777
3,489
173,213
25,437
1,777
3,489
173.213
203,916
203,916
UnreJtrirted
fund5
Gèner#1
Restritted
funds
Total
2024
Communty & education
Studio hire
P¢rfornJance 8￿j
SubscripiioDS
14.512
50,245
29.616
340
7,200
21,712
50.245
29.616
340
94.713
7,200
101.913
S Income from other tnding gclivitigs
6 Investment ineome
UDTeStri¢t¢d
Dds
GeDer¥l
Totsl
2025
Total
2024
Interest receivable and similar iThcome-
Int¢r¢5t receivable on bank deposits
58
58
2,689
7 Otber in¢ome
Totxl
2Q25
Tota
1024
(hbtr itteom¢
Gift aid claimed
Insurance claim re¢eiv¢d
5.167
2.910
8.077
Pa8e 22

Nonsucb Theatre Limited
Not￿ to the Financial Statements for the Year Ended 31 March 2025
8 Eipenditurt on rnisillg funds
i) Costs of tr8dillg &ctivitKs
Totsl
2025
Total
2024
Note
Kitchen and food supplies
18,547
18,547
9 EspendIt￿re rjn charitable actiyitwj
U￿r¢Stricted
fun
Gener•1
Restritted
funds
Tot81
2025
Communty & educaiion
PerforniaThce and events
Rates and water
Rent
LL8ht and heat
Insurance
Telephone & Internet
Office exp¢nse5
Cotnputer and software
Printin8 and 5tatioiiary
Licence and 5ub%riptions
G¢neral expen5e5
Cle￿1￿8 seThice5
Travelling expense5
Advertising & Marketing
Eniertainmeni
Consulting
Lcgal ¢xpenses
Bank ¢harges and interest
Depreciation
Siaff costs
12,284
19.958
830
3.190
1.625
10,663
13,909
30,621
830
3,538
1.109
3.231
2.056
22
5,333
1,750
1.033
948
14461
2.242
3,927
780
10.835
346
14.398
4.802
90,485
348
3231
2.056
22
5 J33
1.737
1.033
629
(446)
2.102
3,329
780
10,835
346
14,398
1.837
21,191
13
319
140
598
2.965
69.294
105.784
85,965
191,749
Page 23

Nonsucb Theatre Limited
Notes to the FinaDcial Ststements for the Year Ended 31 March 2025
UDregtri¢ted
funds
Gentrxl
Rtttricted
fllDds
Totgl
2024
Communty & ¢dllcatio
PerfonnaDE¢ and ev¢nts
Rate5 and water
ReTJI
Light and h¢at
Insur￿￿¢
Repairs and maintenance
Telephone & Internet
Office expenses
Computer and software
Printing and stationary
Lic¢nce and subscriptions
Cleanin8 5ervice5
Travelling expenses
Advertising & Marketing
Ent£rtaiiimeDt
Consulting
Legal expenses
Bank ¢harges and interest
Depr¢¢iation
Staff ¢osts
Loss on di5pKssal of property improvements
4.614
44.537
2,889
25.436
10.261
8.151
3.166
3.783
960
4.733
2 J23
2.175
3,764
4.725
5.924
755
8.OlJ)
1217
14,962
1201
107.420
79,948
133
16,094
4.747
60.631
2.889
25,436
10.261
8.151
3.166
3,783
960
4.733
2.323
2,223
3,764
4,838
7,976
755
13.500
1.217
14.962
1,201
204.134
105,890
48
2,052
5,500
96.714
25.942
340.944
146.596
487,540
In addtti¢)n b) the expenditure analy5ed tb)ve, there are a150 goveman¢e costs of £3295 (2024 - £3.525) whi¢h
relate direct]y to Charitable activiiie5. See note 10 for fvnher details.
Pa8e 24

Non5uch Tbea¢re Limited
No¢es to the Financial Siatements for the Year EDded 31 March 2025
10 Analysis of govern*nce And Jupport eogts
Govtrn•n¢e Costs
UDrtstricted
funds
G¢Der*l
Tot*1
funds
Independent examiner fees
Examination of the financial staternet)ts
3,295
3.295
Tot81 for 2025
3,295
3295
Total for 21124
3,525
3,525
11 Net incomittWoutgoiDg resourtes
Net incomingJ(outgoingl resources ftir the year include..
2025
21124
D¢preciatioTh of fixed assets
4.801
1,201
12 Tru5teey reniiiDer•tioD *nd expeDJes
No tru5t¢es. nor any persons conne¢*d with them. have received any remuTher8ti0n from the cI￿lty during the year.
13 Stsff cost5
The ag8rewdte payroll wsts were &$ follows..
2025
2024
Staff costs during the yeAr were:
Wages and salaries
So¢io] se¢uriry costs
Ptnsion ¢osts
her staff ￿$ts
86.220
2.460
1.631
174
191.638
8,529
3,482
485
90,485
204.134
No ¢mployee rexeived ernoluments of llwre than £60.OIXI during the yezr.
Page 25

NoDsu¢h Theatre Limited
Notes to the Financial Statem¢Dts for the Year Ended 31 March 2025
14 Taxition
The Charity is a registered clwity and is therefore exempt froTn I￿￿On.
IS TaDgibl¢ r￿ed &￿ets
FurnitUTe Ind
equipment
TotAI
Cost
At l April 2024
Additions
14.380
15,316
14,380
15.316
At 31 March 2025
29.696
29,696
Depreciation
At l April 2024
Charge for the year
At 31 March 2025
13.159
4.801
13.159
4.801
17,960
17,960
Net book value
At 31 March 2025
11,736
11.736
At 31 Mar¢h 2024
1,221
1,221
16 Fixed assd iDwe5tmettts
21125
2024
Shares in group ulldertakiw and participatiD8 interests
Shires in group UDdeMkillgs *od ￿rtiCIPating inter¢sts
Subsidi*ry
undertakings
Total
Cost
At l April 2024
At 31 March 2025
Net book value
At 31 Mar¢h 2025
At 31 March 2024
Pagc 26

Nonsuch Theatre Limited
otes to the Finantial Statements for the Year Ended 31 March 2025
Detai15 of undert•kitig$
Details of the investments in which the Charity holds 21n6 or nKJre of the norninal value of any c1&$5 of share Gapital
are Is follow5.'
CouDtry of
incorpor*tiO
Proportion ofvotiDg rigbts Prlnctpal
•nd $h•res held
*¢tivitv
UndertxkiDg
Holding
2025
2024
Sub5idi*ry undertAkiDv
Nonsuch Sbjdios Trading Lld England & Wales
lo￿/
loo%
Theatre
productlons
Sub$idiariu
The loss for the finanrial period of Non5uch Studio$ Trading £2,421 12024 - £Nil) and the 488re8ate
atnount of eapital and reserves ai the end of the ￿riod was q2,4201 (2024- qll).
17 Debtors
2025
2024
Trade debiors
PT¢payments
Accrued in¢om¢
Oth¢T debtors
13.384
2.774
138.072
24,775
2,341
5,952
3,358
154.230
36,426
18 Cgsh And cash equiv*ltuts
2025
2024
Cash on hand
Cash at bank
200
213
200
83
413
283
Page 27

Nonsuch Theatre Limited
Not￿ to the FittADcial Ststement5 for the Yerdr Ended 31 March 2025
19 Creditors: ithoutsts falling dllt within otse year
2025
2024
Bank loans
Trade creditors
Other t&Kation aTKI wcial S￿￿rity
Vat creditor
Other creditois
Accru￿$
Def¢rred in¢ome
26,405
46.029
24.676
44,130
9,461
4.640
17.724
2.770
13,246
5.000
113.279
9B,364
20 Creditors: •moutsts f*llAng due •ft¢r yur
2025
2024
Bgnk loans
74.486
85.595
21 Penjion #Dd othtr Jehemes
D¢faaed ¢ootribulioD p•DJion
Thc Charity opernt¢5 a defined Contribution pension scheme. The pension cost charge for th¢ y¢Br repre¥ents
contributiorts payable by the Charity ￿ tht scheme and amounted kn £1.631 (2024 . £3,482).
Page 28

Nonsueh Theatre Limited
Noles to tbe Finan¢ial Ststements for the Year Ended 31 March 2025
22 Fllnds
B•l*Dte *t I
April 21124
In¢oming
r¢goyr¢¢s
Balante ¥t 31
M%rcb 2025
expeDded
L'nrestricted
General
General fund
(175.302)
231.629
(109,0791
(53,252)
Restricted funds
Takeover fuThd
The heritage lottery fund
C¢ntr¢ Stag¢ fijnd
Bandstsnd (Everyday Heritsge)
UKSPF Capits] gTalll
400
(400)
{9.275)
(57.045)
(16.280)
2.965
9275
20.500
59.611)
16.280
23.055
8,8 12
Total restricted fun(L
29.775
88.057
185,965)
31.867
Totil funds
1146,027
195,044
21.385
BAiaDce 41 1
April 21123
lts¢omiDg
ruovrtes
Re50urees
expended
Balante at 31
Mlreb 2024
Ltnrestricted funds
General
Gen¢ra] fiuhd
181.551)
268.759
1363.010)
(175.802)
Restricted
Cultural recovary fiu
Holiday a¢tiviry fund
Inspire Cu1wr￿ learnÉng & libraries
Th¢ hEritage lollery fund
Ccntre Strge fund
Thoma5 Farr Chairty
ACE Audience Development
Pun¢hdnmk fimd
Culiural re¢ov¢ry fund
25.5(M)
{25,500)
118,0351
(10.0001
19251
(32.000)
(4,000)
(27.000)
(3.200)
25.942
18.035
10.(M)O
10.(M)O
200
9,275
20.500
52,500
27,(￿]0
3200
25,942
Tot*1 restricttd funds
42.035
134.342
(146.602)
29.775
Tot41 fwnds
139,5161
509.612
146,027
P#ge 29

Nottsuch Theatre Limited
Notes to the Financial St&temeDts for the Year Ended 31 March 2025
Cetttre Stgge Fund
Centre Stage is our fla8shÉp programme for 5UPPOrtin8 and developing contetnpow perfonnanc¢ foi
12-18-ycar olds WOTking in partnership with s¢hools and college5 across Nottinghamshire. We have been Y4ward¢d a
8ent of 99,000 under National IA)ttery Projea Grants for a period of thr￿ years witil 2025126. The final payrnent of
£9,900 is exp¢¢t¢d to receive in 2025126.
UKSPF C%pitAI GTaDt
Culttlfdl. Heritage ATMI Creative Capital Grant te¢eived ￿der Notttngham City CowKil's UK Shared Prosperity
Fund IUKSPF} Programme to purchases assets LLsed in creative projects.
23 ADaly5is of net *5sets between fundj
Llnre5tricted
fllnds
Genenl
Total fuDd5 Y4t
31 MAr¢h
2025
Rulrirt¢d
fund5
Tangible fixed assets
Fixed asset investments
Cunent assets
Current liabilitie5
Creditors over l year
2.924
8.812
11,736
131.588
(113279)
(74,486)
23,055
154.643
1113.279)
(74.486)
Total net L85ets
(53,252)
31.867
{21,3851
Lnrestritted
funds
General
Total funds 9t
31 M*reh
2024
Restricted
funds
Tan8ible fixed a5
ProgTarnme rel&t¢d investt))¢nts
CLurent assets
Current liabilities
Creditor5 over l yur
1222
1.222
6.931
198.3611
185.5951
29,775
36.706
(98,3611
85,595
TO1￿ net wets
{175,802
29,775
146.027
24 Rel•ted party tr*ns*ctiOll5
There w¢r¢ no related party tranwtiOnS in the year.
Page 30