THE THEATRICAL GUILD
(A COMPANY UMITED BY GUARANTEE)
BOARD OF TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
the
theatrical
guild
THE CHARrrY SUPPORTING BACKsfAGE AND FRONT OF HOUSE STAFF
COIAPANY MJMBER: 00557828
CHARITY NUMBER: 206669

THE THEATRICAL GUILD
{uMrrED BY GUARANTEE)
coKrENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Board of Tnxteos, Report
(Indudlng Slatemeirt of Responslbifrties)
1-6
Independent Éxaminerfs Report
statgm•nt of Flnancknl Acllvttl05
Balanoe Sheet
Notes to the Arxounts
10-14

THE THEATRICAL GUILD
{UMITE0 8Y GUARANTEE)
BOARD OF TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Board of Trustees (who are also Direclors of the Charity far Ihe purposes of the Cornpanigs Act)
present their report and the financial statements for The Thealrlcal Guild (the Cclnpany) for the year
ende(131 December 2024 Ythich are also prepared to meet the requirements for a Directors, rewt and
ac￿unIS for Companies Act purposes.
The xcounts eompty wilh the Charities Act 2011. the Corrpanles 2006, the Memorandum and
Artlcl8s of Assoclalion, and A¢￿UntIng and Reporting by Charities.. Slatement of Recommended
Practice appl[Cab￿ lo chartttes preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republlc of Ireland (FRS102) (publtshed in October 2019).
OUR PURPOSES AND ACTMTIES
Tha Theatrlcal (Ladles) Guild was estsL4ithed In 1891 by the aGtress C.L {Kittle) Carson to 'glve relief
or assistance to members of the theatrical profession in fnancial distress,. Ttr￿ purpose of The
Thealrical Guikl fcr th8 public benefrt. is to be avallable to help anybody In need. who has worked
Backstage or Front of House professional theatre role ts a period of more than 3 years.
The Charity's princip81 acti¥ity conttnues to be to seek funds in order to provide financial support fix the
b8neficiaries of the Charfty.
In shaping our objectives forthe yearand planning our activities, the Board ofTrustees have considere(I
the Charity Commi$sron's guidance on public benefiL induding the guidance 'Public Benefit Running
A Charity (P82)'.
The Board of Tnjstees traditionally meet in person on a monthly basis (with the exc8Ption of August)
and grants lo individuals are determined In these meetlngs. In speclal circumstancès. decisions on grant
making may also be made via email or ¢orrference ￿11. in addtknon to monthly in person meetlngs. The
main crilerfon for assessment is that offinancial hardship and emoliC￿al need. When making decisions
on applications, relevant induslry experience is required and each case is judged on Its own merlts. wlth
grants being awarded on a regular basls. The Theatrical Guild aims to help resol¥e an applicant's
immediats problem and empower the individual to find longer term solulions for themselves.
Grants to chafltabl8 institutlors. such as care homes. are Increasingly fa￿ but are also detemiined by
the Board of Trustees. The assessment ¢riieria being Ihe support these instituti¢)ns provtde for The
The3tri¢al Gulld's beneficiaries and the financial requirement of those institutions to continue to provide
andlor improve that supporL
ACHIEVEMENTS AND PERFORh1ANCE (Induding Financial Review & Reserrfes Polioy)
The Investment Policy. 88 set down by the Board of Tntstees. is to generate a high level of Income to
enable Th8 Theatri¢al Guild to conts'nue to support Its beneficlaries and to protect and grow the capital
over the long temi.
At the 31ai December2024, The Theatrlcal Gulld investment portfolD was valued al £2,612,139, having
appreuated +5.2V. In totsl return tern￿ over the year. In early 2024 markets had lo deal with Ihe
disappointm￿t that the US Federal R85errfe ar￿ other central banks were not going to cut inlerest
rates as quickly as many had hoped. whlle towards the end of 1he y8ar th8 markal frètted about
President elect Trump's policies which were seen to be infiationary. Groydth equities outperfomied but
over Ihe year interest rate Sensilive assets struggled. At the 31d D￿mber 2024 the portfolio had
generated a total retum of +86.4% over the past 11 % years. and wth a 11 year annualised rate of
+4.g% per annum (net of fees). both of whtch are ahead of the b￿chm￿k.

THE THEATRICAL GUILD
IUIIITED BY GUARANTEE)
BOARD OF TRUSTEES. REPOFrr (CONTINUED)
FOR THE YEAR ENDED 31 OECEMBER 2024
Our Investrnent Manaws are opumlstk about the ou11¢x￿ for markets and the p￿tt0110 over 2025.
especrdlfy for income generating assets.
The Board of Trustees actlvdy encourage donatlon5 through fundralgng actS¥iti&s. events and legaries,
all of which offer a valuable source of financial help and an eff&live way of ensuring the contlnuati(Jn
of th8 Charitys work. Financial bequests. royaliies or th8atrical memorabilia are a180 wethmed, as
vRys of helplrvj The Theatrlcal Gulkl ralse addlllonal funding to support our Beneficlary Grant
Prosramm8.
In 2024, The Theatrfcal Guild supported a total 238 eenefidarles vAth long-twm grants. short4ami
grants, on&off grants. access to counselling. mid-career training bursaries, advi￿ and
signposting. Tre maFxity of support was for emwgeTrcy need (fent, bills. househcAd goods, childcare
costs or counselllng) due to Issues relatlng to work statxlty. the long-term impact of financial losses
Incurred durlng the Covid Pandemic. the ongolng Cost of Living Crisis and the Increased demand for
montal heallh support services.
Example5 of TTG'S Beneftlary Grants in 2024 are.
1. A Stagehand fron7 Liverpool was awarded 8 9nK)nth want to help ￿ acule foodpovety and
household bills
2. A Theatre Technidan frDm London was awarded a syart to pay his rent affears & wevent
3. Two established and highty skilled Scenic D¢￿gners. wwe awarded grants. anabllng them to
attend a Specialist Training Cfw8e in Ckslemp6YPanting, at Tyno Theatro & Opwa House.
4. A Followwspot Operator frtyn Essex was given a 3-nx>nfh ￿-of-LIvIng grant, to
supwf her w7lh e&8ential utility &WIs
5. A Theatre Managerfrom Devon was gwen In7n￿￿￿O a￿esS to counselling. followino a family
bereavgment
The total eA)St of our Beneficiary Grant Programme in 2024 (indudino any foThYard commitments)
amounted to £43,630 {2023: £48.511). The Theatrical Guild had £2,637,842 of unrestricted reserves at
31 December 2024 (2023.. £2.562,860). The funds are Invested to provide the incorne for The Theatrical
Guild to me8t the future needs of their beneficiaries. the cost of which the Board of TnJstee5 expects to
continuè to rise. Th8 policy Is therefor8 to maintaln sufficient r8seNes to ensure Ihat this level of need
Gan be fiJnded.
Having rewewed the financial posiknon, the Board of Trustees have a reasonable eXp￿tIOn that the
Charity has 8dequa18 resources lo continue its aCtIv￿leS for the foreseeable fuiure. According￿. they
continue to adopt a golro concem basls In weparlng the financlal statements.

THE THEATRICAL GUILD
{uiirrED BY GUARWITEE)
BOARD OF TRUSTEES. REpoirf (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REFeRENCE AND ADIAINISTRATIVE DEfAILS
Charlty number.
Company number.
Reglstered offlce:
Company Beu8tary:
557828
11 Garrick Street. London. w￿2E 9AR
Amanda Parker
OUR ADVISERS
Independent exarnlners
TC Group
The Courtyard
Shoreham Road
Upper Beading
Steyning
West Sussex
BN44 3TN
Banker8
Unty Trust Bank plc
PO Box 7193
Planetsry Road
Willenhall
WV1 gDG
Stockbrokers
JM ￿nn & Co Ltd
25 Copthall Avenue
London
E￿2R 7AH
BOARD OF TRUSTEES
Ambassadors
Slr Simon Russell Beate CBE
Mariann8 Elliott OBE
Prasanna PLwanaraiah
Golda Rosh8Lw81
Honorary p￿kIent
Phyllida Law OBE
President
Jan Carey
Advisory Board
Mtchael Carlrng
nna David
Brenda Edelstein
Davrd Edelstein
Belinda Lang
Joanna Mccalum
Sarah Norris
Honorary Treasuror
Paul Stephen

THE THEATRICAL GUILD
(LIMITED 8Y GUARAKfEE)
BOARD OFTRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Board of Trustees
The directors of the dprttable company (the Charity) are Trs trusteas for the purpose of Chanty law.
The trusteas and offlcers setvng durlng the year and since the year end wÉr8 as f￿k￿.
Jan Carey: C(￿air (resigned 18th July 2024)
Llz Robertson: Co£haIr (appolnted 18th Juty 2024)
Clalre Carrie.. Ctrchair
Paul Stephen: Treasurer
Clalre Gartwrlght
Susannah Dack
Mark Edel*unt (appointed 18th Juty 2024)
Brenda Edelst8in {resigned 9th May 2024)
Andrew Grant
David GrewcoBk {resigned 9th May 2024>
Alan Hati
Bridgat Hayward
Rachd Kavanaugh (appointed 18￿ Juty 2024)
Emma Laugier Davies
Cassandra Lyons
Hugh Sachs
STRUCTURE. GOVERNANCE AND MANAGEME￿[
Govemlng Document
The Theatrical Guild (FfG) is a company limited by guarantee incorp(¥aled in 1955 to carry on the work
of the unincorporated associalion of the same name. The Theatrical Guild's governing document is its
IAernor8ndum and Artides of Association dated 26 Novgmber 1955. as arnended 6 June 1956 and 10
OctrJbei 1968.11 15 regist￿￿ as a Charty ￿ryth the Charty Commkssion.
Appolntment arKI Tralning of Trustees
The President and c￿chairS who are electad by the Board of Trustees are Ex OfficKJ. The Board of
Trustees, who are 13 in numb8r. constitut8 trte Directors of The Theatrical Guild and ar8 elèct8d
annualEy at the Annual G￿eral Meeting. A casual vacancy may be filled by the Board of Truslees. The
Trustees are selected for their specific knowledge to keep a b￿ance of skills V￿thin the Board, All
Trustees have opportunitie8 thrcwghout fhe year to attend training courses provided by advisers.
Organlsation
The Charity Is oryJanised by a Board of Trustees Ni accordance wilh its Goveming dofjjment. The 8oard
of Trust￿ meet on a monthty basls (wth the 8xc8ption of August). wÈth resp0nslb1￿ty for the day40-
day management of the charity delegated to the General Manager. An￿nd8 Parker.
The arrangements for setting pay and remuneration is handled by two membef5 of the Board of
Tntstees and one memb8r of th8 Advisory Board. who is an experie(￿ed HR profes&onal.
This indudes a Minuted Annual Revlew whlch Is approved by all parties in attendance. R8muneratK>n
Is based on ONS for RPI and CPI inllallon rates and achknemenl during the prevlous 12 months. The
c￿chairS have final approvaL

THE THEATRICAL GUILD
IUMrrEO 8Y GUARAMfEE)
BOARD OF TRUSTEES, REPORT (coKfiNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Risk Management
The D1￿CtOrS, who constitute the Board of Twstees. are responsible for identifylng, assessing and
managing risk in the Charlty. The Board of Trustees conslder risk in all appropriate decisions made in
Trustees Meetbngs and revlew annually the risks the Charity may fa¢%. The Theatrical Guild generally
receives Ihe maprity of rts income from investments and safeguards this interest by working a
reputable sI￿rOker from an established fimi. whose performance is managed by TTG'S Trustees.
Other Collaborations
The Theatrrca Guild is a Member of Actlng for Other5 and regularly WO￿ in partnership with the other
Member Charities in the group. Th8 charity also benefts from the comblned kno￿￿edge and experUs8
of other theatrical charities. parlicularty those vtho work t(yJether to Idntly support a Beneficiary. TTG
also supports and promotes Actlng for Others with their fundraislng events, initiatives and specral
F￿￿OtIonS throughout the year.
The Theatrical Gull d is also grateful to thèfollcAvlng Industy collabLYators In 2024". The Royal Theatrical
Fund, The Equity Charitable Trust. The Actors Benevobnt Fund, Backup Tach. The Association of
British Theatre Tethniryans. The Stage Manag8ment Association. The Mackintosh Foundatlon.
Hithcroft Investments plc, Thé Anglo Amerlcan Charities. Leicester Square Theatre, 8Tian Cox {Actor).
James Norton (Actor), Liz RobwtSC￿ (Actressl clai￿ Cartwright (Actress), Hwe Design Ag8ncy Bristol.
H8xagon p￿nI and Bloomsbury Fkmers.
FUTURE PLANS AND OBJECTIVES
The 8oard of Trustees continue to review the Theatrical Gulld's fundraising strategy in order to meet
the Increased dernand for suppm from indwiduals working Backstage and Front of HoLL8e.
Promotlng the work of the Charity through V￿rd of moulh. online presence. s￿121 networklng.
fundraislng events and print promotion- as well as liaising with theatres throughout the Unit￿ Kingdom,
Gontinues to b8 our key objectives.
srATEMENT OF THE BOARD OF TRUSTEES RESPONSIBILITIES
The Directors, who constitute the Board of Trustees. are responsible for weparing the Report 8nd the
Financial Statements in accordance 7Mth applicable law and United Kingdom Accounting Standards
{Unlted Kingdom Generally Accepted Accounting Practice).
Company Law requires the TrusEees to prepare accounts for each financtal year which gNe a true and
fair vlaw of the state of the CharitsbEe Company and of the incoming resources arKI appllcatlon of
sources, inC￿ding the Inc￿ and expenditure. of the Charltable Company for that year.
In preparing these acC￿nts, the Board of Trustees are r￿u1r8d to .
select suitable aCcC￿nI1n9 pM)I￿[eS and then apply them consistent
2. obs8rrfe the methods and prfnaples in the Charities SORP
make judgernents and estimates that are reasonable and prudent
4. state whether 2pplicabl8 UK accounling standards have been fonowed, subject lo any material
departures dis¢losed and explained h the financial statements
5. prepare the financial statements on the gorng ￿neeffl basis unless it is inappropriatè to assume
that the charitable company will continue tn buslness.

THE THEATRICALGUILD
{UMITED BY GUARAN￿E)
ARD OF TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Board of Trustees are resp(Thible for keeping adequate acc(wnting records that are 8uffic4ent to
show and explain tho cornpanrfs trarwtions disclose with rea$￿able a¢xuTacy at any twne the
finanual positlon of the Charity and to enable them to ensure that the accounts ccThply with the
Companles Act 2006. They are atso responsible for safo3uarding the assets of the Charity and hence
ft)r tsking r8asonable steps for the prevention and detertion of fraud and other irr8gularlties.
The repwt has been prepar&1 in accoTdan¢e Thryth the provisions of the Companies Act 2006 relatlng to
small comp8nies.
Paul Stsph•n
Treasurer and Trustee
Dale:

THE THEATrICAL GUILD
{UMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER2024
Independent examinerfs report to the Trnstees of Tho Theatrlcal Gulld
I report on the Charity Trustees on ffly examinalon ofthe accounts of the Company fcy the year ended
31 Deoember 2024.
Respo¢tive rnsponsibililies of Trust￿3 and •xamlner
As the Charity's trustees of the Company (and also Its directo￿ for the purpose5 of company law) you
ar8 responsible ftx the weparation of the accounts in accordance wiiti the ￿uIr￿nents of the
Companies Act 2006 (Yhe 2006 ACV).
Havlng satlsfied myself that Ihe a¢￿￿ts ofthe Company are rv)t required to be aurfitad under Part 16
of the 2006 Act and are digible for independent examlnation, I report in raspect of rny &Yamination of
your Charity's accounts as carried out under section 145 of the Charits'es Act 2011 (Yhe 2011 ACY). In
(grrying out my examlnatlon I have tollowed the Directions oiven by the Ch*ity Commission under
secuon 14q5) (b) of the 2011 ACL
Indepondent exarniTh8t8 statemènt
I have ¢ompleted my examination. I confirm that no matters have Gfft to my atteniion in wnnection
th the examination giving me cause to believe:
(1) accounting records ￿lere not kept in res￿ of the Company as rèquired by sertlan 386 of the
2000 Act: or
{2) the accounts do not accord with Ihose reix)rds; ¢x
(3) the accounts do not ¢crfnply with the accounting requirements of s8Ctlon 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view vknich is not a matter considered
as part of an indyidenl examinatton.. or
(4) the accounts hav8 not been prepared In aCc￿danCe with the methods and principles of tha
Statement of Recommended Praclice for acc(￿nting and reporting by charities lappllcable to
Charities preparing their accounts in accordance with the Financial Reportlng Stsndard applicable
in thé UK and Republlc of I￿land (FRS 102>]-
I have no concems and have come acros5 no other matters In conn8Ctlon wlth the eXamIna￿On to which
attenlion should be drawn In thls report in order to enable a proper under5tsnding ofthe accounts to be
r80ch8d.
.qro
Mark Cummins FCCA FCIE
On Behalf of TC Group
Office.. Stayning. West Sussex

THE THEATRICAL GUILD
iuIKrED BY GUARANTEE)
STATEMEKf OF FINANCIAL ACTMTIES
(INCLUDING INC￿lE AND EXPENDITURE ACCOUK
FOR THE YEAR EK)ED 31 DECEAIBER 2024
Notes
Total
2024
Total
2023
Incomo from:
Donations 8ndlega￿eS
Charttable activthes
Irp￿StIn8nts
51,720
32,000
88363
18,782
44,865
69,309
Tolal incom•
EXp•ndI￿re oft:
Ralsing funds
Charltable activfties
Total expenditure
27.017
131.343
14360
19.726
130,306
150,032
N81 {lossesygalns on Inv8strnents
10
61,359
Ngt income and movements In funds
74982
56.304
Reconciliation of funds
Totsl funds brought f0Th￿rd
Total funds carried forward
1562,860 2,508,556
1637,842 2,562.860
The statement of finartial activities also complieswlth the requirements for an income and expenditur8
aGGount under the Coftyanles Act 21116.
All aCtiV￿eS are da55ifRd as continuing. There are no recognised gains or It)sses other than those
reported on the statem8nt of fin8nclal activitie&
I funds a￿ unreslricled.

THE THEATRICAL GUILD
IUMITED BY GUARANTEE)
BALANCE SHEEr
AS AT 31 DECEMBER 2024
2024
2023
FIXED ASSET8
Tanglble assets
InYeslm8nts
10
2.578,306
2,578.306
2 518,227
2,516.227
CURREKf ASSErs
Cash held wth brokers
Prepayments
Other debtors
Cash at bank and in harKI
33132
2,929
2,000
24,737
24,817
2.958
2.600
19.656
63.498
50.031
CREDrroRS: amounts falllng the
4thln one year
Trade & other creditrKs
Accruals
1000
2,500
1962
3.398
NET CURRENT ASSErs
59,536
46.633
NET ASSErs
1637.842
2.562.860
THE FUNDS OF THE CHARITY
Unrestficted funds
TOTAL FLINDS
1637.842
2.637.842
2,562,860
2.562.860
These financial statements have been rffepared n accordan￿ wilh the special primsions of Part 15 of
the Companies Act reMing to small compantes and constttute the 8nnual accounts required by the
Compani85 Act 2006 arKJ are for drculation to members of the ccffipany.
Forthe yearending 31 December2024 the cornpary was entitled to exemption from audit underseclion
477 of th6 Companies Act 2006 relatlng to small companies. The members have nol requlre(I the
company to obtaln an audit in accordance wilh sectlon 476 of the Companies Acl 2006. The directors
ackn￿edge thelr responsibility for complyW￿ with the requirements of Ihe Act wmh res￿ to
accounting records and lor the weparation of accounts.
These accounts have been prepared in accordance wilh the provision5 applicable to companies sub
to the small companles. regime.
Th8 8ccounts were approved by the Board on 2u A.Pfi l 70 15
Paul Stèphèn
Treasurer and membw of The Board of Trustees
Company Reglstralion No: 00557828

THE THEATRICAL GUILD
(LIMITED BY GUARANTE£)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
LEGAL STATUS OF CHARITA8LE COMPANY
The Theat￿￿ Gulld is a Charitable company. KmSted by guarantee. regislere(l in England and
Wales. The charilable company's registered number and regÉ5tered office address can be
found in the Board ol trustees. report.
In the event crf the Charlty iEing wound up. Ihe Ilablllty h respect of the guarantee Is Ilmlted
to £1 per member of the Charity.
ACCOUNTING POLICIES
a) Ba315 of preparation
Thè accounts have been prepared in accordan￿ ￿1th Aexounting and Reporting by Chariti
Statement of Recommended Practice applicabl8 to chariti8s pr8paring thoir acwunts in
accordance V•ith the Financial Reporting Standard appllcable In tha UK and Republlc of Ireland
(FRS 1021 IIssu8d In October 2019) - (Charities SORP {FRS 102)). the Financial Reporting
Standafd applicable In the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The financiel statements are prepared in sterling, vthich is Ihe functional Cu￿encY of tho charty.
Monetay amounts in these financial stal￿ntS are rounded to the nearest pound.
The Theatrical Guild meets the definitiC￿ of a public benefft entity under FRS 102. Assets and
liabilitie5 are nTbally recogni3￿ at historical cost or transaction value unless Otherwise stated
In the relevant accounting poltcy note(s). There arè no material uncertaintl&s about Tha
Theatri￿ Guild's abirty to continue as a going concem.
b) Income
Legacy income is accounted the Siatement of Flnan¢ial Activitle8 when th8 Ch8dty is
entitled to the income, recelpt is probabl8 arKI vthen th8 amount can be quantified vith suffiGi8nt
ac￿racY.
Donations and other fomis of voluntary income are recognised as income when receivable.
except insofar as they are incapabb of financial mea5uremenL Subscriplions are included in
the financial statements at the time they are r￿1vable.
Other trading activities rapresent income from c*ganlsed events and are recognlsed whe
recelvable.
Investment income and other incom8 is acix>unteAI for when receivabl8.
e) Expendityre
Expenditure is a¢counted for on an accruals basis wilh any Irrecoverable eleM￿t of VAT
included ￿1th1n the item of expense to which it relates.
Expenditure on raising funds includ8S Costs Incurred by thè Charity in fundraising, publicity and
stockbroker fees.
Charitable expenditure cornprises tho$e costs incurred by the Charity in the delivery of its
activities and se¢vice5 for its beneffiaaries. Grants payable are charged in Ihe year when the
Off￿ is approved by trustees and conveyed to the recipient.
Governance costs Indud8 those costs associated with meeting the ¢onstttulyonal and statutory
requlrements ofthe Charfty and include independent examinatton fees and costs linked lo the
strategic mariaGement of the Charity. These are shcwi within support cos15.
All costs are ailccated between expeThl1￿re categorles of the Statemenl of Financlal Acthitles
(SQFA) on a basis designed to reflect the use of the resource. Cosls relating to a particular
activity are allocated dtrectly. others are apporuoned bas*J on estlmaled usage as a proportion
of dlrecuy attdbutable expenditure.
10

THE THEATRICAL GUILD
IUhlThED BY GUARANTEE)
NOTES TOThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 21)24
ACCOUNTING POLICIES (contlw•d)
d)
Fixed Assets
An ￿et Is defined as a unit of langible property wTrMch has an economic useful Itfe of more
than 12 morrths and was acquired or produced for a cost of more than £500 induding
acqulsition arvj installation costs ￿ the same Imioice.
Depreciation is provlded on all tangiNe fixed 85sets in use at rdtes eAtculated to wrfte off the
cost of each asset over ts expected useful lifa, as follows:
Office equipffl￿t- ovw 5 yea
Investments
Investsnents a￿ Tnduded at falr value at Ihe balance sheet date. Any gain or ktss on
reValuat￿n is taken to Ihe Statement of Finan(xal Activities.
Debtors
Trade and other debtws are re¢ognised al the setllementarnount due after any trade discount
offer8d. Prepayments are valued at the amount prepaid net of any trade di￿)urrtS due.
Cash al bank and in hand
Cash at bank and In hand indude5 cash and short term highly liquld investments. The Board
of Trnstees seek to use short terrn deposits ￿ere possible to maxlmlse the retum on monies
held at the bank and to manage Ilow.
91
h)
Creditors and provisions
Creditors and provisions are re￿gnised Whe￿ the Charity has 8 pr&sent obligallon resuFiing
from a past event that will probably resuh in th8 transfvr of funds to a third party and the
amount due to settle the Obligatic￿ can ￿ mèasur&1 or estlmated rellabty.
Flnan¢ial instruments
The charity has elected to apply the provisions of Section 11 '8asic Finanrial Instruments, and
Section 12 '0ther Financtal Instruments Issues, of FRS 102 to all of its financial insiruments.
Financial Instruments a￿ recognised in the charivs balance sheet when the tharity becomes
paty to the contrdctual wovlslons of the instrumenL Basic financial instruments are
recognlsed at amortised c￿L
Funds
Funds hdd by the Charity ar8 unrestricted These are fijnds received for use In line with
the general objects of the Chaiity.
Operating leases
Rental charges are thar9ed on a straight-lin8 basis ovèr Ihe term of the lease.
Crltical accounting estlmat¢s and Judgements
In the appfication of Ihe charty's accounting policies. the trusteas are required to make
judgements. estimates and assumptions about th8 carrying amount of assets and liabilities
that arè not readily apparent from other sources. The esttmat8s and associated assumptions
ar8 based histori{￿ experience and other factors that are C{￿$]dered to be relevanL Actual
results may differ from thesa estimate5.
The estimates and underlying assumplions are reviewed on an ongoirw basls. Revisions to
accounting estimates are recognised in the perfod in which the estlmate Is revised.
The trustees do not considor Ihat there are ary Crit￿al eslimates or areas of judgement that
ne￿ to be brought to the attention of the readers of the financial statements_
11

THE TrIEATRICAL GUILD
IUMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMEpifs {CONTINueD)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES {continued)
m) Cash flow statement
In accordance wlth sectlon 7 of FRS 102 the charity Is daiming exemptlon from the requirement to
prepare a cash fl(n¥ statement on account of its sze.
I TAXATION
The charitable company is reglstued as a chaiity and all of its income falls Iwthin the exemptions
under part 11 ￿ the 0xpor￿[on tax act 2010.
INCOME FROM DONATIONS AND LEGACIES
2024
2023
Donations and grants
A8TT Events
L8gacies
Fund gart8fatlon
Gift Ad Received HMRC
14579
1.847
1.016
32.512
13,358
1.674
3.750
51,720
18.782
INCOME FROM CHARITABLE ACTIVITIES
2024
23
lan MacTaggart TnJ8t
Ivor Novello Chartties
Highcroft Investrnents
The Angb-American Charllies
The MaL*intosh Foundation
Acting for Othtrs
1,500
365
2,1)JO
1,lJOO
10.000
2,lJOO
32.000
44,865
INVESTMENT INCOME
2023
Incom8 from securities
Royalt￿$
87,911
352
69.292
17
EXPEN0￿uRE
Staff
(Xher
Granl
fundlng
Total
2024
Total
2023
Ralslng funds
Fund raising
expenses
Stod%broker fees
6.992
6.992
539
20,025
27,017
20.025
27.017
19.187
19.726,
Charitable activities
Granls
Support costs
43,630
43.630
48.511
81.795
130.3
50,662
50,662
37,051
37.051
43,630
131.343
Total expenditure
50,662
64,069
42.630
158.360
150.032
12

THE THEATRICAL GUILD
IUMtTED BY GUARANIEE)
NOTES TO THE FINANCIAL STATEMENT5 (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
EXPENDITURE IGontInu￿}
Anatysls of support costs (In￿dIng Governance Costs)
2D24
2023
Wages and salarfes (Note 8)
Rent
General office and adm]nistratt¥)
Independent examinerfs remuneration
50.662
15A50
18.601
47,775
15,600
15.920
87.713
81.795
During ￿ year the chanty provided grants to 238 inthviduals totslling £ 43,629 (2023: 222 indivSdual$
totalling £48.511). Details ofthe grants provided can be found v￿thin The Board of Trust88s RepofL
EMPLOYEE COSTS
2024
2023
Wages and salaries
Social se(xJrlty costs
Penslon contr*)utkY
48.140 45,500
115
2.407
47.775
Included *ithin Wag￿ and salaries above are defined contribution plan pension contribulions of £2,407
(2023: £2,275).
The average fulktlm8 eqU￿alent n￿nber of staff employed by the tharity was one (2023: one).
There were no employees vthose annual remunerafjon vrds £60,000 or morn.
Th8 key management personnel of the charitaNe company ¢ompdso ofthe General Managar who is
the only emptyee.
TANGIBLE FIXED ASSErs
Equlpm•nt
Cost
A8 8t 1 January 2024 & 31 December 2024
DeprK4ation
As at 1 January 2024 & 31 Decernber 2024
Net Book Value
As at 31 December 2024
As at 31 D8cernber 2023
13

THE THEATRICAL GUILD
(UMITED BY GUARAKfEE)
NOTES TO THE FINANCIAL STATEMENTS ICOKnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10. INVESTMEKrs
2024
2023
Listed Invethenls
Market value at 1 January 2024
Less: disposals at carrying value
Add.. acquisttlons at cosl
Unrealised gains on revaluation
Market value at 31 Decemb8r 2024
1516,2Z7
(521.927)
508,628
75.378
2,495,814
(4TO.068)
426.383
578 306 2 516 227
HlstOTical cost
2 173295
2 024 931
The galn on investrnents of £61.359 (2023: £73,380) as Sho￿ in the Slatemerrt of
Financial Activities comprises ol realised losses on sale of investrnents of £14.019 (2023.. gains of
£9,082) and unrealised gains on investments held at the year-end of £75.37812023: £64.298).
11. coKfROL
t)urlng the year the charity Wds C(KJtrolled by the 8oard of Trustees.
11 RELATED PARTY TRANSACTIONS
None of the Board of Trustees (or any persons connected with th8m) rwAlved any r￿UneratIon
during the year or r￿eNed ary reimbursement of expenditure.
13. COMMITMENTS
At 31 Oecember 2024 the Charity had total commitments non-cancellable operatlng leases
as foTIows:
Land and buildlngs
2024
2023
Due within one year
10,300
10.300
10,300
10,3DO
Lease payments reco9nised as an expensè in the year amounted to £15.450 (2023: £15.61)0).
14