,' CIIARITY COMMISSION
' fOR ENfW40 APID WALES
Recel ts and pa
ments accounts
CC16a
To
Section A Receipts and payments
TO1￿ funds
L95t year
A1 R£cei
16X5.tMI
1J8
emb*5hipF&G
SlwlEvent Remue
Merch¥lise
(Gn)s$ Income
AR)
Isee tsblel.
Sub ror
4&217
A3Pa
ShcwlEvenicosts
mer￿￿1￿CL
Equipment wi¢*a
&113.
A4 Asset arKI In￿51n*
4762
11.917
11.91
A6 Cash lurMl$ last )wrernl
1lJ17.
11.917.fA)

Section B Statement of assets and liabilities at the end of the period
Endowment
¢ategoiJes
Dttai15
torrtareste
B1 Cash funds
11￿.fIl
11.917.00
tuTrJs
t)etatls
ails
B3 InV05tm￿¢ assets
Details
B4 Assets retalnèj tsr th•
charlws use
5,Ylg.
153&rbJ
Details
B5 Llabllllles
&llnad Oft￿lrUStWS0n
behovofall the tr1￿0$
tkte of
27111r2024

This 1$ thefirst annual roportgivon on b•half of the tNsl•es of Stsrb8ht Youth
theatre (charity 1201778).
Trugteas:
There have been no changes totha charitylrustees so puretyconfimiing names below-
Christopher Dimeiow
Hazel Needham
Joshua Hill
Judy B8nks
Annabd Banks
Neil Brotherhood
Throughout the year to 5 April 2024 StaTbEhtYouth Theatre has made great strides
ag8lnst fin8nciaL membership and govemance Objectiv￿ as wellas settingup these
areas of the societyfDr continued success g(Hngforward.
Within the timeframe of this reportthe societyvRs prbvileged to be one ofthe firstyouth
theatres to be gNen the licence to stsEe School of Rock (March 20231 perfomiing its
8nnualconcert (June 20241 as weu as stagngAddams Famity {Ma￿h 20241
The society membership average throu￿ the Teport JEar was 35 IN.B. this differs
slightly throughout the year as we do see some members taking a"br8ak° for èxams
hence these indivrduals mayyftll participate in our annual concert only in this
academic yearl.
On a govemance pefspective. thetrustees have worked to agree a°soft- membership
number cap of 40 thatwili caFrythrouth to subsequentyears. This balances simple
a￿aS ofconsideration such as rehearsaland stage space as weu as safeguarding rati08
etc.
The society continues to wn against the same open auditions prinGipie for new
members and show principal parts.
As a link trom the rnembership to financial section it is worthy to note that the society
has FIOW moved to a simpler membership fee modelthat ensures that alloverheads are
covered and done so equally thiouEhout the members with either an annual payrnent or
instaiments schedule. which is managed by ourtreasurer on a 1.1 dk8cretionary ba81S.
The twstees have concentrated on both overall solvency as w￿1 as lookingto build
financial support to e8tsbLish technical equipment sew-sufficiency.
Throughout the year. the societys financial position has strengthened. The tru8tees look
to ensure a minimum workn.ng balance of £5.OIXJ which enable the society to cover
yearly liabilities as wellas fund the purchase of the license for the foLi(wingyear's

show. We ha¥e been able to ensurethatwe awe cortstamiy above this figure as 8 result
ofgood budget managementthrouEh low expenditure on areas such as Costumes. set &
props. and a focus on ensuringgoixl show income through ticket sales and front of
house fund raising. Balancingthesa alemerts means that th8 society has generally
broken even on its main shrA•4 whilst making srnallprofitsfrom the annual ￿lcert.
This positive financial position has enabled the societyto tske advantage of signing
proactive kn"cense agreements an(J paying rightsfees for our 2025 which will be L8S
Misérables.
Alongside the societys general income and expenditure modeL the society is thankfijl
to have been awar(Jed severaigrants (funding amountswillappear in the financial
statement ofthe submission) from local business and ¢haritabie trusts that have
enabled the purchase of audio equipment {specifically 11 radio microphones. a speaker
set and general connectivÉty infrastructure) as we build towards the ambition of
technical seif-sufficiency.
The joum8y to seif-sutticiencywiu conliwe as the trustees I￿Uld estimate the
ambition would totalapproximatety£20.000.
Across the report. Stsriight Youth Theatre has seen a srnall number ofcommittee
member changes a8 ￿ellas new committee appointments. These chenges were all
completed underthe wactices outlined in our conslitubon.
Key role changes-
Vice Chair
Safeguarding
We held our first societyAGM which was ￿Ellattended ty the wider membership where
all aspects of the society V￿re covered with fuumsibiiity and an active Q&A session.
Alongside this additional poisry documents been created and approved 8.g
Diversity and Equatity.
Atthe time this submission co¥Ers. the soGietyare busy finalising rnheaisats for the
2024 concertto be staged in June.
The trustees look forward to whatthe future holds for StaflightYouthTheatrn and Its
continued posttive impact through proMdingY￿th theatre experien￿$ ft)r the young
people in and around the Loughborough area.

IN
EpENDEr￿ EXAMINERS REPORTTOTHETRLWEES OFSVARUGlff YoufH THFATRE
I report to the trLFStees on my examinatrsn of the accounts of the ab(we tharity 1.the TrusVI for
the first per￿d ended 5th Apnl 2ff24.
Re5ponslbilhles and baslsd ffjport
As the tharity's trustees. you arÈ rÈspon5ible forthe prepar&tlorJ of the accourrts In ac¢ortlance
with the requirements ofthe (harities Art 20111lhe Acr).
I report in respect of my eK3minatKJn of the Trusys accounts caThied Exrt under section 145 of
the 2011 Act and in carrylng out rny ey2mination, I have fDllowed all the applKable Directrons
8iven by the CharityCommi&sion urthr seCr￿n 145{5llbl of the Act.
IndependÈntexaminer's statement
I have completed rny examlnatlon. I confirm that ￿ rnaterial matters have o)me to my
attention in connect*)n wtth the examination whith me cause to believe that in. any
material respect:
the accounttng records*￿ not kept In accordance wrth sectyon 130 of the Charltles
Act,. or
the accounts not accord with the accounting records: or
the accounts dk4 not comply with the appltcable requirements concerning the form and
content of accounts set (wrt in the Charities (Accounts and ReFK)rtsl Regulat￿nS 2CM)8
other than any requirement that the accounts gtve a'true and fairf Y￿W whith is not a
matter considered a5 Part of an tThYependent eKamination.
I have no conterns and have corne across r￿$ ot￿r matters in connectton wrth the examinatron
to which attention should be drawn in this re￿rt in order to enablÈ a propÈr understanding of
the accounts to be reached.
AmarJeet Singh FCCA
Chesterton House Accoumingsetwites LLP
2-3 Rectory f4ac< Loughborough LEII IUW
Dated.. 21/Ott2025