DoCu￿gn Envdope ID". A43F3718.8FD24?48-968t￿8FyBF4￿DF93
THE HERD THEATRE
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
For the pgriod endbd 31 March 2024
Company no: 09847217
Chartty no: 1204739

Docusign Envetr)pe ID.. A43F371&BFD24248.988D4F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
for the period ended 31 March 2024
Contents
Page
Reference and AdminislratNfe Details
Report of the Trustees
2-12
Independent Examiner's ReFKJrt
13
Statement of Financial Activities
14
lance Sheet
15
Notes to the Financial Statements
16-21

ryJcusign Enwlope ID.. A43F37188FD24248.988D-8F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
fortho period endad 31 March 2024
REFERENCEAND ADMINISTRATIVE DETAILS
Chair i Foundlng Trustee
Naqiya Ebrahim
Founding Trustees
Ann-marie Merrick (appointed 15 September 2023}
Robert Jackson-Rilchie
Andrew Shimmin
Trustees
Katherine Igo&Ewer lappoinled 201h February 2024}
H81en Savage
Louise Esme Holmes
Tho Hèrd's Core Staff
Ruby Thompson ICo-Artislic Director)
Samuel Casetey ICo-Artislic Director)
Chiislie Parkin (Adminislratorl
The Herd's A88ociate Artist Tgam
Finlay McGuigan
Rula Irbile
Lua Bairslow
Ysabelle Wombw811 {appoinled October 20231
Regi$targd C)ffice
131 Ella Street
Hull
HU5 3AJ
Bankers
The C<FOp8ralive Bank
Skelmersdal6
VVN8 6wr
Investment Managers
nla
Independ•nt Examiner
K C Fisher
Kingston Burrowes Audit Ltd
308 Ewell Road
Surbiton
Surrey
KT6 7AL

Dow81on En¥ebpe ID.. A43F37184FD24248-988D-8F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEESAND
FINANCIAL STATEMENTS
for the perfod ended 31 March 2024
The Trustees present The Herd The*re's firstAnnual Report and covers a shortened year end, to bring
the charity in line with the UK tsx year.
The accounts have been prepared in accordance with the accounting poliaes set out in note 1 to th8
accounts and comply with the charity's governing document, the Companies Act 2006 and "Accounting
and Reporting by Charities.. Slalement of Recommended Practice applicable to charities prepaiing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 1021" leffective 1 January 20191.
Back
round
The Herd was founded as a company limited by gijaranlee in O¢tob&r 2015. Ruby Thompson and Sam
Caseley were the company founders and are the current CodArtistic Directors of The Herd Theatre
Charity.
The Herd's critically acclaimed ear￿ years theatre shows include Slime (UK Tour 2018-2022 including
Southbank, The Albany, Northern Slagel, How lo Fly (Hull Truckl, The Last Dinosaur (Arc, The Civic),
Ducklings {Hull Truck, Royal Exchange} and Snowmen (Cast, Half Moon, The Lowry). Our shows often
use limited verbal language, integrated British Sign Language and are heavily influenced by cb)wn. Our
work is always scored with original music and features inteTaclive design.
As well as touring nationally lo celebrated venues - all our shows have played in community Centres,
libraries and schools. We are passionate about rea¢hing children and families who ar& excluded fr(
Ihealre, with a focu8 ori working class people and diSabl￿A people.
Our playwork - Creating spaces where families can creatively play together- has popped up in primary
schools and shopping ￿ntre$ in Hull, whilst also taking the fomi of a thr88 month long s811-out, Time-
out recommended, instsllalion al the Soulhbank Centre in 2023.
We are a crxnpany deeply invested in our home cty of Hull, with a growing, nationally significant artistic
outpuL Since forming in 2015 our shows and projects have reached a live audience of over 78,000
people nalionalty. We've worked with over 2,QOO children as participants. We've also published 2
picture books, developed 2 annual immersive schools WOTkshop programmes. delivered famity
workshops at The National Theatre, and developed an app to accompany One of our productions.
The Herd became a charity on 15th September 2023, with our steering committee becoming trustees.
This tr?nsilion has enabled us lo deepen our impact, and strengthen our focus on providing eX￿pIlOn8l
arts experienc8s for children, with a focus on the Hull wion

Dctuw) Envthpe ID.. A43F371&BFD24248-9S8￿SF9BE4sADF98
THE HERD THEATRE
REPORT OF THE TRUSTEESAND
FINANCIAL STATEMENTS
for the perlod gnded 31 Ma￿h 2024
Charltabl Ob"ectives
The Trustees have paid due regard to guidance issued by the Chartty Commission in deciding which
activities the ¢harsty should undertake. Our charitable objectives are as follows.,
For the public benefit to promote the arts, in particular but not exclusively,
A The art of drama.,
B. For children and young people aged under 18,.
C. By the provision of creative workshops and public performances and other live evenl&
Missl
Irision and Guidin
Princi
Vision
Our vision is for a socEty that respects children and the Importan￿ of their play. By creating high
quality theatre and arts eXperIen￿S for young audiences we show children that they are valued. We
want this message to reach children wherever they are, whatever their contexL
Mlsslon
The Herd brings children, young people and families together in playful spaces to share exceptional
experiences. We play alongside children lo ereale shows, installations and experiences that celebrate,
inlerrogate and nurture the joy of Childhood.
We believe in th8 Iransfomialional power of family arts and create experien￿$ that children and adults
can share together. We recognise that some children and families face barriers to accessing the art8
and we proactively explore ways of removing these barrier8.
Guiding principlos
Play
We play alongside children lo create ideas for all our work, play wrth artists to realise these ideas, and
then unlock opportuniti&8 for our audiences to play
Faml
We create Mutually beneficial experiences for the whole family, as enjoyable for adults as children. We
understand families come in all shapes and sizes, and use the word to dèscribe a child and their
responsible grown upls.
Joy
We exist lo celebrate, interrogate and nurture the joy of Childhood. We create exceptional moments for
our audienGe that sit outside of the everyday.
R•l•vanc
Vve ensure our work is relevant, exciting and truthful to children by collalx)raling with them in all stages
of the m8king. Our shows anol experiences resonate with children living through the 2020s. We keep
these children's futures in mind by using recycled and waste materials in our design in all of our
projects.
Equity
We work hard to remove barriers Children and families have to accessing arts experiences, wrth a
particular focus on barriers facing working ¢l?ss people and disabled people.

Do¢xtsion Envèbpe ID.. A43F37184FD24248-988D-8F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEESAND
FINANCIAL STATEMENTS
for the pèriod 8nd•d 31 Mareh 2024
Achievements and èrfomiance
Projects delivered during this period
Whal• Song S¢hool$ Workshop
Whale Song is a pielure book and supporting schools workshop programme, new for 2024. It explores
Ihe story of Dolphin and Whale.. Everybody knows that Vvhale's Mum has died but nobody wants lo talk
about it. H¢M will Dolphin 8UPPOrt her best friend Whale to speak the unspeakable and find his song?
This in school, 1 houT workshop, takes place in an immersive undenNaler world set, wth original music.
The workshops use art drama and slorylelling to explore difficult feelings in a dynamic, safe and
enjoyable way.
This p8¢kage includes pre-training for teachers and staff, and anolher for parents and carers ahead of
the sessions. All children who look part in the workshop were left with a copy of the W)ale Song book.
A ￿llaboratIOn be￿@&n artists and child therapists, Whal8 Song is a project that uses th8 power of
slorylelling, combined with the approaches of drama therapy, to provide children with a much-needed
space lo explore the topic of grief. Through participation in this workshop, children and teachers have
become better equipped to support their classmates if and when they lose somebody.
Whale Song reached 813 Primary aged Children in Hull, trained 55 members of school staff and 85
parents and c8re¥s. Whalesong was funded by Arts Council England and the James Reckitt Trust
through Hull LibFaTies.
"This was I￿& noffting I havg seen before and I have not stopped spgaking positively about iti"
Teacher Feedback

D￿￿gn Enveknpe ID.. A43F3718.BFD24248-P88D4F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
for the perlod gnded 31 MarGh 2024
Snowmen Natlonal Tour
Snowmen is a 55-minule studio show presented by The Herd Theatre, captivating children aged 2-7
and their families with a heart-warming story about fri8ndship, home, and hope. A highly physical
performance style, minimal in verbal l?nguage, rooted in clown, full of sensory int&ractFon, and
acTrssible lo g wde audience.
Snowmen toured six venues acfOSS the North and London, performing 42 times lo a total audience of
3112. including a h￿0 week run at Cast in Doncaster.
Snowmen was funded by Hull Cty Council. Arts Council England and through dea15 with
presentstion venues.
°My son s fi￿ tnp lo the theatre- we both absolutely loved ILI ThBnkyou.'
Audience Feedback

Docusydn Envdopa It).. A4sF3718-BFD24248.988￿eFg8E4BADF93
THE HERD THEATRE
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
forthe period ended 31 March 2024
One Day Play
One Day Play is a unique experience for primary schools in Hull and East Yorkshire. A chance for
hildren to experience the professional theatre making process, in just one day. One Day Play
platfoms children's imaginations, builds confiden￿, develops literacy skills. and raises career
aspirations through opening up the theatre making process at a formative age, offering children the
Chan￿ to work in a professional theatre space wtih profèssional th8atrg makers. The Herd runs the
One Day Play Programme annually to KS2 children in Hull.
One Day Play annually reaches around 500 ¢hildren during the school year. In this period One Day
Play was delivered lo 120 children from four Primary Schools in Hull, in partnership with Hull and East
Yorkshire's Children's University Experiences Programme and supported by l AM FUND.
"It W8s real fun. we had to make the dec￿lon5 by ourselves"
Child Participant Feedback 2024
his is a really really g￿&t thing that [you] are doing and il was lov8ly lo see the children being up,
being children and being Grealive without h8virRg to be told lo sit down arnl be quiet.
Teacher Feedback 2024
'A Conf￿gne9 boost. The 8xp0fr7encB of creating something together has l&ft them feeling more united
and ils been a lovely IhNng al the end of theirprimary school joumey togethe
Teacher Feedback 2024
'Trat w&s the funnest day ever and I would redo that 811 the time rfl could.
Child Participant Feedback 2024

Docusign Envebpfy ID.. A43F371&BFD24248-988D4Fg8E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEESAND
FINANCIAL STATEMENTS
for the period ènded 31 March 2024
Cambridgo Fostival Early Year8 Play Spa¢e
The Herd delivered a programme of Playwork 8t Cambridge festival, designing and facilitaling an early
years playspace made entirely from recycled, abslracl, kjose parts play objects. This is b8coming an
annual piece of work for The Herd.
Ov8r days of delivery this project reached 800 people.
.1 wish Cambritlge had something like this all the time. The people of Hull are lucky..
Parent Feedback
Comedy Workshop with Lu¢y Beaumont & Charty Launch Party
To celebrate The Herd becoming a registered chartty we held 8 party for staff, supporters, stakeholders
and collaboratots. In prepar*ion of this Paty The Herd invilad Hull born, celebrated eomedian Lucy
Beaumont to deliver a comedy workshop for children al Endike Primary School, giving chil(fren the
space and autonomy lo write and perfoTm their own jokes. We were extremely gr81eful to Lucy for her
time whiGh she gave in kind for this pioject. The results of this workshop were shared on video at the
Launch party. The contents of the Launch party were also designed by children al Endike Primary,
including music chol￿S and menu design.

DoCu5￿n Enveknpe ID. A43F3718-BFD24248-988D4F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
for the period ended 31 March 2024
Partnerships
The H8rd collaborates with numerous organisations lo deliver our work. The Iiustees encourage this
collaboration and recognise the strength in sharing resources and ne￿orkS to reach our audiences.
This is especially important in our hometown of Hull.
Core- Hull Libraries, Princes Quay
Vvhale Song Schools Workshop
Constellation Trust
Snowmen National Tour- Hull Libraries
One Day Play - Hull and East Yorkshire Children's University, The University of Hull, Hull Truck
Theatre, l AM Fund
Comedy Workshops- Endike Primary School, Lucy Beaumont
Hull LibrarY&s, Hull Schools Library Service and The
The Herd Theatre is proud to be an associate company of three established Hull Cultural Organisations
Hull Libraries. Back to Ours and Freedom Festival. Wo would like lo thank Middle Child Theatre for
their use of their rehearsal Spa￿ for Board Meetings, Vvhale Song and our Away Day during this
period.
Developing our Environmèntally Sustainable Practlse
In this period we took our learnings from creating REPLAY, a play space built onlirely from waste
materials, into our first theatre production. SNOWMEN'S set, props and costume were made from 90Vo
recycled or waste materials.
This was achieved by reaching out to large theatre5, event companies and local industry for core
materials such as wood. vinyl flcK)ring, tape, and malerlal. All props and costume pieces were bought
second hand IhroLJgh charity shops, Ebay and shopping apps such as Vinled. This approach is only
possible due to the commitment and hard work of the design and production team. The sourcing,
collecting, and adapting of waste materials is far more labour intensive and lime consuming. than
building new. For this project we were especially proud of the team for this achievement as this all
happened within a month, 8S the production pariod was delayed duft lo &xternal producing factors.
The Herd now has a growing ne￿Ork for waste materials, and each project is becoming easier to use
waste materials as our resource streams grow. Vve are committed to working with 900A recycled
materials across all of our projects and work.

DO￿S￿An Envelope ID.. A43F3718-BFD2424&988D4F98E46ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEESAND
FINANCIAL STATEMENTS
for the perlod ended 31 March 2024
structure Governance and Mana
om
Governing Document
The Herd Theatre is a charitsble company limited by guarantee, governed by ils hrtemorandum and
Articles of Association dated 29 October 2015 and amended by Special Resolution on 10 August 2023.
11 was incorporated on 29 October 2015 under company number 09847217. It was registered as a
charity with the Charity Commission on 15 September 2023 under number 1204739. Ils members are
Co-terminus with the Trustees, each of whom agree to contribute £10 in the event of th@ charity winding
LSP.
Appointment of Tru8t•e$
The minimum number of Trustee5 Is three but (unless otherwise delemiined by ordinary resolulionl
shall not be subject to any maximum.
They are appointed for terms of up to three years by thè board of trustees_ Names are submitted by the
charity's trustees. Appointments run from the rise of the annual retirement meeting al which temis of
mèmbership begin and end.
Trustee inductlon and tralnlng
The induction materials for Trustees include, in addition lo the Memorandum and Articles of
Association, the committe8 and decision-making processes, and r￿nt financial performance of the
charity, details of the history and purpose, priorities, and organisation of The Herd Theatre and an
outline of the responsibility for trustees of any charity. Training in the basics of charty trusteeship is
provided lo trustses when required.
Oryanisation
The Board of Trustees administers the charity. All decisions about loans about policy and operational
matters are made by the full Board of Trustees which meets five times a year.
Risk management
Risk assessment is a continual process which we beaf in mind throughout the year, as well as
reviewing the risks and controls annually. We are satisfied that the major risks to whieh the work of The
Herd Theatre is exposed, in particular, those related to the operations and finances of the charity, have
been identified and that systems are in place to milFale exposure to such risks.
The Board of Trus18es have a risk management strategy which comprises..
an annual review of the risks the charity may fa￿,. and
the estsblishment of systems and procedures to mitigate those risks identrfied in the plan,. and
the implementation of procedures designed to minimise any potential effect upon the charty
should those risks malerialise.
We are aware of possib16 risks to our charitable funds at a time when the projects we help are still
facing increasing diff1cullies in obtaining revenue and capital funds.

Docuslgn En¥ek)pe ID.. A48F371&BFD2424&988D4F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
for the period ended 31 March 2024
Flnancial Review
We are grateful to our eurrenl funders. Arts Council England, Hull City Council, l AM Fund and The
Backstage Trust who support our eonlinued development and activities, and who enable us to maintain
a solid financial position during this period.
Vve were delighted lo develop two new funding relationships in this period,. as we received a grant of
£25,000 from the Posteode Neighbour Trust and a grant of £500 from the Sir James Re¢kitt Charity to
support our core operations.
We re￿iVed a grant of £30.900 from Arts Council England's Project Grants and a £5,000 Arts grant
from Hull City Council 10 sUPPOrt the production and national tour of SNOWMEN.
Oui annual project ONE DAY PLAY was able to continue thanks tts the support of a 3 year grant from I
AM Fund of £10,000 a year, totalling £30,000.
Alongside new grants re￿iVed in thts period we delivered projects and with grant funding awarded by
Arts Council England Project Grants, of £66,632, and The Backstage Trust of £16,000.
We earned income from the following.,
Our play installation REPLAY. at the Soulhbank Centre was extended for 4 weeks due to its
success and popularty. This meant an addition81 £6.789.18 in box Offi￿ split for the Charity.
Vve earned £2.200 for the delivery of the Cambridge FèslNal Early Years Play Space. from the
University of Cambridge.
We earned fees of £17,530.11 from venue8 of our national tour of Snowmen. These were 811
guarantees, which meant that we didn't lake on the financial risk of lickel sales. When touring to
locations outside of Hull, where we have an audienco base, this is our preferred deal, as we
have limited audience rea¢h and rely heavily on the venue's marketing teams lo generate an
audience.
We earned a totsl of £3,240 from in¢ome from Schools, and The Universty of HLtII's Acces8
scheme for delivery of ONE DAY PLAY. Each day delivered earned on average £300, some
schools were subsidised with more of our l AM Fund grant lo enable them lo afford it.
£13,000 incC￿e from project partners. Hull Libraries and Schoo15 Library service for the
creation and delNery of Whale Song.
10

DoCu￿gn Envelope ID.. 1A3F371￿FD24248-968D4F98E48AOFvJ
THE HERD THEATRE
REPORT OF THE TRUSTEESAND
FINANCIAL STATEMENTS
for the period andod 31 March 2024
Reserves Pollc
The Herd's Resèrves Policy aims to maintain a sufficient level of Operational Reserves to enable-.
Normal operating acliwties lo continue over a period of up to 3 months should a shortfall in
income O¢CUT, and to lake account of potential risks and contingencies that May arise.
Should The Herd wind up, the reserves will cover costs of this pro￿$S, paying for staff lo
execute the winding up.
The Herd will begin lo maintain Opportunity Reserves to enable..
A quick response lo m8jor new programmatic or operational opportunities that requir8 a
swift injection of funds, as they arise.
The Herd's reserves a￿ to be built from unrestricted funding, either from funders who award such
funding or earned income or philanthropic funding. Currently The Herd has £20,000 of unrestricted
funding at the bank, and from this point forward this amount will be assigned lo reserves.
The Trustees, in conversation with The Herd's Staff team, have set The Herd's Operational Reserves
Target al £33,500. To ensure our ReseNes are al a functioning level, The Herd will allocate all future
unrestri¢tÈd income that is not required to support the ¢harity's core costs towards our Reserves, until
the targel level of reserves is achieved.

rbcu5vJn Envek)pe ID.. A43F371&BFD2424&968D4F98E48ADF93
THE HERD THEATRE
REPORT OF THE TRUSTEESAND
FINANCIAL STATEMENTS
for the perlod ended 31 March 2024
tement of Trustees, Res
onsibilities
Trustees are required to prepare financial slalements for each financial year, which give a true and fair
ew of the slate of affairs of the charity and the incoming resources and application of resources,
including the net income or expendf(ure, of th8 charity for the year. In preparing those financial
statements tho Iruslees are required lo..
Select suitable accounting policies and then apply them consistently",
Observe the methods and principles in the applicable Charities Statement of Recommended
Pra¢li¢e,'
Make judgements and eslimales that are reasonable and prudent-
Stale whether appli¢ablè accounting standards and statements of recommended
practice have been folSowed, subject lo any material departures disclosed and explained in the
financial slatemenls., and
Prepare the financial statements on the going concem basis unless it is inappropriat8 to
presume that the charity will continue in operation.
The Iruslees are responsible for keeping proper accounting records which disclose with reasonable
accuracy 8t any lime the financial position of the charity and which enable them lo ensure that the
ffinancial statements comply with the Charities Act 2011 and the applicable Charities (Accounts and
Reportsl Regulations.
The trustees are also responsible for safeguarding the assets of the charity and for taking reasonable
steps for the prevention and detection of fraud and other irregularities. The Iruslees eonfimi that to the
best of their knowledge there is no information relevant to the Independent Examination of which the
Examiner is ur￿Ware.
The trustees also confirm that they have taken all necessary stèps lo ensure that they Ihernselves are
aware of all relevant financial infonnation and that this infomiation has been communicated lo the
Examiner.
The trustees are members of the charity bul this entitles them onty to voting rights. The tw$tee$ have
no benefici81 intèrest in the char¢ty.
Inde
end•nt ExamSner
The Trustees appginled K.C. Fisher of Kingston Burrowes Audit Ltd as Independ8nt Examiner. He has
expressed willingness lo continue lo serve.
Approved by the Trustees and s￿ned on their behalf by..
4CE¥A8F58CI204￿.
Louise Holmes
Trustee
31 January 2025
12

Docusign Envebpe ID". A43F371&bFD24248-988D4F96E46ADF93
Indopendent Examiner's Report to tha Truste•s of:
THE HERD THEATRE
I report lo the charity trustees on my examination of the accounts of the charty for the period ended
31. March 2024 which are sel out on pages 14 to 21.
Responsibilities and bas18 Ot report
As the charty trustees of the company land also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in acwrdance with the requirements of the Companies
Act 20061'the 2006 Acl'l.
Having satisfied myself that the accounts of the company a￿ not required to be audited under Part 16
of the 2006 Act and are eligible lor independent examination, I report in respect of my examination of
your company's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In
carrying out my examination I have followed the Directions given by the Charity Cornmission under
section 14515llbl of the 2011 ACL
Independent examinerfs statement
I have completed my examination. I confirm that no material mallers have come to my attention in
connection with the examination giving me cause to believ8 that in any material respectr.
accounting records were not kept In respect of the company as required by section 386 of the 2006
Act., OT
the accounts do not accord with those records,. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'lrue and fair view. which is not a matter considered
as part of an independent ex8minalion,' or
the accounts have r)ot been prepared in accordance with the methods and principles of the
Slalement of Recommended Practicè for accounting and reporting by charities applicable to
charits.es preparing their ac¢oLJnls in accordance with the Financial Reporting Standard appli¢able
in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in eonnection with the examinab.on to
which attention should be drawn in this report in order lo enable a proper understanding of the
accounts to be reached.
K C Fishey BA FCA CTA
% lQ"ngston Burrowes Audit Ltd
308 Ewell Road
Surbiton
Surrey
Kf6 7AL
31 January 2025
13

Do¢us*n Env6bpe ID.. A43F3718&FD24246.9880-8F98E48ADF93
THE HERD THEATRE
(Registered Charity Nurnber. 2918801
STATEMENT OF FINANCIAL ACTIVITIES
tor th• porlod ond9d 31 March 2024
Notes Unrestrlcted Restricted
Funds
Funds
Total Funds Total Funds
2024
2023
Inetsm•
Sates
Charrftable aCtivit￿S
78,470
103.217
19,473
111,097
130,570
Total
19,473
111,097
130.570
101.687
Expenditurè
Cost of salas
Raising funds
Charitab16 activ￿"eS
Administrative expenses
127.367
2,180
33,751
2.160
140,493
1L%,922
18.365
Total
35,731
706,922
142,653
145.732
Net In¢om￿{&Xpèhdltur•l forth• year
116.2581
4,175
12,Q83
35.955
Transfer between funds
Tax on deficit
11001
100
10.042
Net movement In funds
16
116,3581
4,275
112.0831
45.997
Total funcls as at 16 September 2023
16
50,958
50,958
4,961
Total funds at 31 March 2024
16
£34,eoct
4,275
38.875
£50.958
No dstsiled ¢omparative$ are provxled for the peTiod ended 15 September 2023 as the ￿panY was not a
registered charity during this period.
The Statement of Financial Activits'es indudes all gains and losses recognised in the year.
Al income and expetyjiture derives from continuing activf(ies.
The not88 form part ofthes8 financi81 ststsments.
14

t*KusvJn Envelope ID-. A43F371&BFD24248-988D4FgBE48ADF93
THE HERD THEATRE
(Registered Charity Number.. 2918801
BALANCE SHEET
For the pgriod ended 3q March 2024
2024
2023
Flxed assets
Tangible Assèts
10
32
96
Current assets
Debtors
Cash at bank and in IiaThJ
11
6.261
67,938
30,474
82,880
74,199
113.354
Creditors:
amounts talling due within one year
12
35.356
62.4¥2
Net Current assèts
38.843
So,￿2
Totsl Asset¥ l+$$ ¢urr•nt liabilities
£38,875
£50,958
Funds
Unrestricte
Restricted
14
14
34.600
4.275
50,958
T¢)tal fLFnds
14
£38.875
£50,958
The company is entitled to exemption from audi( under Section 477 01 the Companies Act 2{￿8 to the peritxl
ended 31 March 2024.
The members havè not required the wmpany to obtain an audit of its financial statemènts for the period ended
31 March 2024 in attcordan￿ with Section 476 of the Companies Act 2CN)6.
The directors acknowledg6 their responsibilities for..
lal ensunng that the company keeps acGDunb"ng records which cornpty wth S6¢tlon 386 and 387 01 the
Companies Ad 2006 and
Ibl preparing financial statements which give a true and tsir view ol the state of affairs of the company as 8t
the end of each financial year and of its profrt fDr loss for each financial year in accordance wth the
requirements of Sections 394 and 395 and which otherwise comply with the reouiremenls of the
Companies Act 2006 relab.ng to finanaal stslements. so far as appI￿able to the company.
These Finanrial Statem8nts hav6 been prepared in 9cWrdar￿ with the special provisions Of P8rt 15 of the
C(Impanies Act 2006 relating to sm811 companies.
Approved by the Board ol Trustees on 31 January 2025 and signed on its behalf by .'
by
73¢4E7ACCB2J46C.
Naqiya Ebrahlm
Chalr
The note$ fom part ol these financial statèmsnts.
15

DOCu￿9n En¥elDpe ID". A43F371&8FD2424&968MF98E48ADF93
THE HERD THEATRE
IRegSsler$d Charity Number.. 29188Ql
NOTES TO THE FINANCIAL STATEMENTS
for the PèAod èndèd 31 Mareh 2024
Accountlng Pollcles
1.1 Basis of accountlng
The charity constitutes a public benefit entity as defined ty FRS 1Q2. The fina￿la1 ststements have been
prepared in accordan￿ with A¢counlin9 and Reporb"ng by Ch8rities'. St8temènl of Rèeomm6nd6d Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic ol Ireland issued in October 2019, the Fin8nci81 Réporting Standard
applicable in the ijnited Kingdom and Republic of Ireland IFRS 102}, the Charities Act 2011, the Companies
Act 2008 and UK Generally A￿pted Acoounting Practice.
1.2 Golng concern
The tinarlcial statements are Wepa￿d on a going concern basis under the historical cost convention. Th&
financial statements aTe presented in sterling which is the fvnctional currency of the charity,
The significant accounting policies applied in the preparation of these ftnancial &t*emenls are set OLrt below.
These poliaes have been consistenty applied to all years presented unless otherwise stated.
1.3 Incomè recognition
Iterns of income are recojnised in the financial statements when all tsf the lollfywlng ¢irterla are met
The charity has entitlement to the funds.,
gfty performanoe conditions have been met or are fulty wthin the control ofthe charity.,
there is suffiaent certainty that receipt of the income is considered probable., and
the arnount can be measured reliably.
Th& charity re¢elved government wpport throu￿) the corona￿ruS Job RetentSon Scheme ICJRSI whth Ls
accounted for on the aurual basis and is nc5uded under Incorne for Charitable Activities INole 3}
1.4 Expendlture recognltlon
Expendilurts is recognisgd on¢e Ihero is a legal or constructive obligation to make payment to a third party, Vt
is probable that setuement wll be required and the amount can be rneasured reliably.
Expenditure on charitable activf(ies includes those c08ts ol a dI￿¢t natt1￿ which can be 8110¢8ted 1¢ a
specific activity. It also includes indired rxists, inGluding govemance costs that do not ielate to a speafic
activity but are ne￿SSary to support those activities. Support costs are apportioned to each aclwity on the
basis of staff time.
1.5 Fund occounting
Unrestricted general funds are treely available for use in fvrtherance of the objects of the charity and which
have not been designated for specifiG purposes.
Designated fund8 are unrestricted funds sol asido by the trustees for parbcular wrposes.
Restrided funds 8re funds which can only be used in accordance wth specific restrictions imposed by the
donor or which have been raised for a Part￿lar purpose.
1.6 Tangibl• fixo(l as80ts and dèpreclatlon
Tangl￿e fixed assets costing more than £500 are capitalised. Deprec4attoTr is provided so as to write off the
osl of e8ch assel, less e8titnated residual value over its esb"mated usefvl life at the following annual rates."
Fixture3, fitting8 and equiptnent- 33% str8ight line
1.7 Debtors and Creditors
Debtors and creditors with no ststed interest rate and receivable or payable within one year are Tecorded al
transaction price_ Any losses ari￿ng frtsn impairments arè reujgnised In expenditure
16

D￿USIgn Envelope ID.. A4JF371&BFD242￿988D-￿F98E48A0F93
THE HERD THEATRE
(Registered Charity Number. 2918801
NOTES TO THE FINANCIAL STATEMENTS
for the perlod ended 31 Mar¢h 2024
I Income from Charltable ActNitie8
Unrestrlcted
Fund
Restricted
Funds
Total
2024
Total
2023
Arts Council England
Goodwn Trust
Backstage Trust
Hull City Council
Hull Universty
I AM Fund
Postcode Lottery Neighbouih(M)d Tnjst
Sir James Réckitt Foundation
School Workshops
Hull Librarieg
National Literacy Trust
Performances
Southbank Centre
Grant and Donations
8,627
53,937
2,000
3,800
5,000
2,340
5,000
62,584
2,000
7.896
5,000
4,098
5,000
6.250
5C(I
900
13,0(Kl
6,250
SW
900
13,000
800
17,530
6,789
17,530
6.789
103.217
£19.473
£111,097
£130,570
£103.217
There is no analysis of the comparative figures lor the period 8ndod 15 September 2023 as the company
was not a registered charity during this period.
Cost of R#i$ing Funds
Dlrect
costs
Support
¢08ts
Total
2024
Total
2023
Freelance stsff
£Nil
£2,160
£2.160
£Nil
Expendttyrè ort Charitable Actlvltles
Direct
costs
Support
costs
Total
2024
Total
2023
Theatre pr(xludsons, installations,
participatory projects and school
workshop
£108,922
£35,731
£142,653
£Nil
Analysis of Dlrgct Costs
2024
2023
Freèlance staff
Pr￿u¢ll0n costs
85.283
21,639
£106,922
£Nil
17

Do￿Sign Env8bp6 ID.. A43F371&BFD24248-988D-8F98E48ADF93
THE HERD THEATRE
(Registered Charity Number.. 291880}
NOTES TO THE FINANCIAL STATEMENTS
for th8 porlod ended 31 March 2024
IConlinued}
Analysis of Support C03ts
2024
2023
Freelance staff
Production cost$
Development costs
Tr8vel
Printing
Storage
IT costs
Legal and professlon81 fees
Training
Fee5 and subscripliLN)s
VideographylPhotography
MaTkeling
Theatre tax relief written off
Govemance costs l Note 71
Sundry expenses
14.970
814
811
130
2,221
257
162
450
631
250
10,041
4,280
£35,731
£Nil
Govemance Costs
2024
2023
Freelarioe sl8ff
Independent examination fee
680
3.600
£4,280
£Nil
Ngt In¢omellExpenditurel for the year
2024
2023
This is stated after charging..
Independent examination fee
Depreciation
£3.6
£2,016
£247
9. Key Management Remuneratlon
The mernbers of th8 Board received no remun8ration.
Total freelanc￿ fees Teceiv8d by key managèmènt amountad to £29,222.
18

D￿5￿J￿ Envèknpè ID,. A43F3718-BFD24248-988E￿eFg8E48ADF93
THE HERD THEATRE
(Registered Charity NutnbèT". 2918801
NOTES TO THE FINANCIAL STATEMENTS
forthe period ended 31 March 2024
(Continued)
10. Tangiblè Fix•d Assets
Equipment
Cost
At 16 Saptember 2023
Addition5
Disposals
2,378
At 31 March 2024
2,378
Depreeiatlon
At 16 September 2023
Charg8 for the year
Eliminated in disposals
2,282
At 31 March 2024
Net book value
At 31 Mai¢h 2024
£32
At 1S September 2023
£96
11. Debtors
2024
2023
Service charges due
Other debtors
2,600
3,eoo
20.432
10.042
£6,261
£30.474
12. Creditors
2024
2023
Amounts falling due vAthln one year..
Other Greditors
£35,356
£62.494
13. Anatysls of N8tAssets
b•tw•an funds
Unrèstrlctèd
Funds
Restricted
Funds
2024
2024
Fixed assets
Current assets
Current liabilities
32
48,507
113,9391
25,692
121.417)
74,199
135,3561
Net assets at 31 March 2024
£34,600
£4.275
£38,875
There are nc) comparative figures for the period ended 15 September 2023 as the company was not a
règistered charity during this period.
19

DOCU￿9￿ EnvèJDpÈ ID.. A43F3718-BFD24248-988D-8F98E48ADF93
THE HERO THEATRE
IR9gister8d Charity Mumbei". 2918801
NOTES TO THE FINANCIAL STATEMENTS
forthe period ended 31 Mar¢h 2024
(Continued)
14. MOVEMENT IN FUNDS
Balance
b1￿ at[
Incoming
16 Sept 2023 ReSour￿S
Balance
RèsoureÈs
clfwd at
Expended Trdnsfers 31 March 2024
Unrestrlcted Funds
General funds
50.958
19.473
135,7311
110JI
34,fj00
Total Unrèstrietèd Funds
£50.958
£19,473
£135,731)
£11001
£34,800
Restrlcted Funds..
Replay
One day plzy
Counting shee
Fast food megaverse
Pop up play space
Whalesong
Snowmen
One off workshops
6.789
8,240
5.297
15.1131
13,5671
18251
11001
13,8981
128.5661
164.6361
12151
f.675
4,672
4,472
100
4,82LI
27.920
57.230
921
16461
17.4061
Total Restrfctsd Funds
111,098
1106,9221
100
4,274
Total Funds
£50,958
£130,569 q142,6531
£38,874
20

Docusign En¥ek)pe ID. A43F3718.BFD24246-988L18F98E48ADF93
THE HERD THEATRE
IRegislered Charity Nurnber." 2918801
NOTES TO THE FINANCIAL STATEMENTS
for the period ended 31 M4r¢h 2024
Icontinuedl
15. Company Status
The Herd Theatre 18 a private company limited by gLÈaranlee and has no share capital. It is incorporated in
Gre* Britain and registered in England 8nd ivales. Each member is liable lo (x)ntribut& a sum not
exceeding £1 in the event of the company being wound up. The address or the regISte￿d office can be
found in the R&fÈrènce and Administration details on page 1.
16. Yaxatlon
The d)aritable cDmpany is ex8rnPt from corporation tax on its charitalAe 8Gtivilies.
17. Rel#tèd Party Transactions
Two Iruslees were reimbursed for their travelling 8xp6nses amounting to £148 during the perlod.
l& Contlngent Assets
Total grant funding awardèd as at 31 March 2024 bul not yel re￿9￿lSed as income due to the recogllition
iteria not being met amounts to £108,501.
21