REGISTERED COMPANY NUMBER: 00410481 (Engknml and Wales) IIEGISTERED CHARrry NVMBER: 208710 ELTHAM LTfTLE THEATRE LIm￿[D UNAL￿, rrED FIYANCIAL STATE.MENrs FOR TBE YEAJi EryDED 31 JULY 2424 Lygon H(M Brnmley Kent BRI 3RA COhTENIS OF THE FLNANCLIL sfATEMEhTS for theY￿r emded 31 Jwty 2924 Page I￿￿￿￿dent ex4mixerf$ rqy)rt Baixnct yheet 6 10 7 8 to 15 ELTHAM LrrrLETHEATRE LIMllED (REGISTERED NUMBER: IMH11481) TRI'sfEEg REPORT forthe ye#r exded 31 2024 The trust¢¢s ar¢ aly) diT#tors of the charity for the pwrMK5 of the ComyaDie5 Acl 2￿6, present their rerKTrrt with th¢ fJnan¢ial stttemetts of the Charity" for the year a)d¢d 31 July 2024. The bwtets haTrK atyed the p￿VisIOnS of Accounting and R2Wting by Chatiti¢s: Statejnert of PTaL*ic¢ applithl¢ to ¢hariti¢5 preparing their counts in &cordaDce wtth the FiDanci21 R4￿ sknthrd applicable ill the UK 8rMI Republic of IrelaTMI (FRS 102) {effectiv¢ l January 20191. Objectiyes &Dd ai ThepurN)ses of the elwity are a5 folk)ws" . Provi(bng a ho￿￿ fv the arts of the Ilrt musio the cittma and ￿Y tognate of allied art% to Make thes¢ avadabletothe public ￿dIts deve￿ the Lidknral welfare orth¢C(Mnm￿)ty. . Maintaining tILe veThue aThJ providing fxiliti¢s forthe theatri￿ ￿K￿80fpr[thc￿ Swific4ntartivitK8 The charity ulthrtkn vtriows activities in order b) raise wjd7ti￿a1 incotne kn keep ticket prices ID a JIJ orderto achi¢v¢th¢objectiv¢s ofibecbrity the tr￿ I￿ve trnpknycdthe folk)WiDg strategie - prcscnting a range of in-ho￿£ pr￿lL￿%￿S wbich can b¢ ¢npyed by tKV]]aton of the commwity. - offering OPPOFbJniti&g forpeoplcto gct involved with theatre as Vol￿te¢[S inaw￿JerdTrgc of activities . making the d*atre available to other the4triL*] organisations ￿ a hite charg4 which aiknvs os$L￿tIal rnaiThtenaDce of th¢theatre. lknugh our strate8i¢S w¢ endeavow lo encow all w[thI￿ loc41 Lwmu]Lity to take ptrt in ond bemefit from tivities. PuNie ￿nefft In r¢viewing our obj￿1ve$ for the LX]rrtnt yf4r the have consideTed th¢ ajarity Ces owl the fiEch)Id of the thekn which tics up most of the available r¢serv¢s of the dwity. Thi8 is ￿all￿1￿1 ￿ a high standard in order to prcserve and eThbance thevalue of this inv24meThL Ruults During the year kn prod￿t￿on income am0￿ to £67J81 aD increase of £5,164 from 2023. The deficit for th¢ yearamouthted to£l,563 {20￿.sUrpIus £9.244) al1er¢kd￿tingl￿￿eCIation dwof £37,834 {2023.. £38.093). Going cottC¢T ThetrLu*es collsitsthe dwtty to be a80illg(YMKaD tothe faL*thar is ap￿DX0Da1￿Y £154.0￿ ijj the bank ELTHAM LtTfLETIIEATRE LIMrrED (REGIStEIiED NUMBEIL. IMJ411M81) TRIISTEES REPORT fi>r the year ended 31 Juty 2024 STRU(TUR& GOVERNANCE AND MANAGEMENT GOverningd￿￿￿ellt Eltham Litde Theatre Limited is a o)mwJy Limited by GMantee (company wmkr 410481) and a registered ch￿lty (chwity number 208710}. The COmp￿Y illCOEWfdled on 14 May 1946 undEr a MeDIDr&ndum of Assooatitsn which estsblish¢d th¢ objects and wwers of the ¢harithble comwiy a￿1 is goTrtrrtd its Article5 of Aswi*ion, amellded 2? Julle 1949. 20 June 198& 23 (ktob￿2(K￿). 24 S¢MwDb¢r ana3 (k#)b￿ 2005. Rttruitnient and apwintmeTrt Of new tnLrfe The directors of the clwitabl¢ W￿pallY ckn awiv) are its ttl￿et$ frx the of C1￿1ty law and atE ]tsented by the Chairman, TrawreT Secretsry of the of man2gemenL As set oirt in the Articles of As8ociatioJL if ther¢ is at wy time a in the memb￿lp a new nKmttt may Ix ap￿inted by the membus in a Oryani5alioDal strutthre The Charity's ix)8Ni of maTMgemt is ojrrendy made up of 9 rnernbu5 wkn mea regUl￿]Y and att resp)Jsible for iding the strategic tM)li¢y and di￿110￿ ofth¢ dw. Th¢r¢ is a s¢heme of d¢leWon in place whueby the day tt) &y resI￿lbIlIty for the •Jd th¢ responsibility for ensurin8 the k>ng term Obje￿iVeS ar¢ m¢t rests with the Chairnw TreasuErrand Seaytwy. InducliDn traini￿ of Dew trnste¢s Most new rnembeTS of the IK)ard of are alreaty familiar with the wThk of the clmrity. havin8 be involved with it for a nymEer of years. They al￿ a s]Th training sek%ion whereby they are famil1￿lS￿l witi. the oblwioDs of the Ex>ard of maT￿eM￿L ￿ main thounents s¢t the otw*ional framework of the charity including the memorandum articl< the GUTreth financial w5ttiOD aT¥J fun]re p]8Ds aT¥Jd>j&*ives. RexisteredCompDy llumber O(Ml(M81 (Ethgland aNI Wales) R¢gist¢redCh%rity Dwllber 208710 steredofflee Wythfiejd Road Eltham London SE9 5TG Mrs J M Sims R£tircd {rc5i8ned 15.1124) C Wil]iatns Educationalist {resiglled 20.1123) J F Goodwin R¢tired JE Shepherd Retired {apw>inted 20.1023) D R Ba)rfTh)t (ap￿inted 15.11 ?J} Company Seurtary l E Shqjherd In&peDdent EXSM￿er Paul Allan BSocScFCA Berringers LIP CharteJEd AccountsDts Lygon HoLLqe 50 London Road Bromley Kenl BRI 3RA ELTHAM LTfiLE TIIEATRE LIMrrED (RECISTERED NUMBER: flMIIM81) TRUSTEFN REPORT for theye*rendEd 31 July 2024 REFERENCE AND ADMINISllUTIVE DETAILS Members of Board of Mxwgeinent as*t31 Juty21)24 Jsi Shepherd Goodwin D Hinchley-Robsc D Baref￿t Pmat C Williams S Chawatt Chair SEcrdary TreaSu￿r A Hutchit)son This reF¥)rt been prep￿rd in with the 3￿Mal ptovisKxts of Part 15 of the Companies Act 2006 rdating to Stnallcomp2Thies. Approved by ortsofthe IM)ardof tn]steeson 27 Decatlbff 2024 a[KiSi￿¢0 on its behalf by: D RBaTefryrt.Tn INDEPENDENf EXAMtNER'S REPORT TO ThE TRUSTEES OF Inde￿￿lentex￿ll1W'j report to the tnts1￿ of EIth*￿ L1llkTh￿tre LAmilod fthec0m￿￿Y? I rew)rtto th¢ dwity t￿￿tE5 on rny examinkn xcowits of the G)tnwiYfortheYearc￿ 313llty 2024. Ruy)Mibllitle8 and b&4iy of rep)rt As the chatity's In￿ of the comp￿ (aThJ alw it5 direL%or5 for th2 PUEtA)sts rif comwiy law} you are reswbnsibl¢ for thepttparation ofthe accounts in a(x￿￿¢¢ with th¢wtremeDtsofthe c￿panIcS Ad20061'the 2(M)6 Act). Hamng satisfioj myself thtt the XLY)unts of th¢ Companv are Th)t requiThl to k audited UDder Part 16 of the 21KI6 Act aThJ ￿e eligible for independeni examinatio]L I rEPJrt ill re5peit of my e￿￿Min￿l￿n of yow charity's accoiuits &$ catTi out unikr Section 145 of the ch￿￿tieS Act 2011 (Ihe 2011 Aa.). In caTrying out my ￿mination I hav¢ followed the Directions given by th¢ Charity CoMti￿10M undcr SectÉon l45(5}{b) ofthe 2011 A¢L Independent ￿MIner'S stalqnent I have ￿mpl￿ed my exanNnati(ML l o)nfim) that ￿ matlU5 baye (x)me k> my atrenlion in conneclion with the examination giving me cause to believe: a￿)Unting ree4)r¢I8￿￿re rnt kept in resI￿￿orthe as requirEd by S&*ion 386 ofthe 2￿ A¢ or the acgounts do not &cordwith those rc£ord5" ( the xcounts th) w¢ cmpty with the ￿£(M￿lIng Yequlrnl￿ of SedM>n 396 of the 2￿ Act oth¢r than any Tequitvnetrt that the ￿￿)Unts giye a aThl fair view whid) is not a rn*ter eonsidered of an independent exwAinatiOD" or the ac exemption from ￿1¢ u[KI￿ Sx*on 477 of the Comp8mies Ad 2006 for the year dcd 31 Ju]y 2024. The mtmbcrs btve not required the elm1p8￿ to oltiin an a￿lIt of its fitwKial sttatcm￿ts for year ended 31 July 2024 in accordw with Se(aion 476 ofthe Comrthies A(t 2(K Th¢tnL%tee5 ￿knOwledge lheirTcS￿J￿sIbl1IIieS (a) ensuring that the ¢haritable keeps *cOunti[￿ r￿th that c(mply with SeLaK)ns 386 and 387 of the Cotnpanies Ad 2￿ and Ib) prE￿illg GI￿￿1a1 staknnats *hich give a ttue I￿j fair view of the si*e of affaits of the cbtiTtt8ble company as at tk end Df cach financtal year and of its Surp1￿ or deficit for eath fIfi￿¢JaI year itt ￿e0rdance with the quirements of Section5 394 aTKI 395 and which (rtberwise comply wÈth the re4uiretDe4ts of the G)mpanies Act 2006 r¢I￿l￿gI0 finon¢i81 SthtrMen￿ so far &$ appli&ile to ts elwitable ¢ornpany. ELTHAM LITTh￿ THEATRE LIMrrED (REGisf£RED NLMBER: M4J0481) BALANCE SHEET. cOAth￿¢d 31 Juty2024 subiectto sthall ¢¥)mpanies ￿g]￿e. The financial 5tatetnents were approved lry th Bwd of TnLts authLwi*l for i4ue i>n 27 DeCern￿r 2024 at]d Were55￿￿don its Eehalf by.. D RBaTefoot. Trustee NiyfES TO THE FLyAf*CIALsfATEMET forthe year ended 31 JBIV 2024 ACCOUiYTING POLICIFS Basls •)f prepaTingthe fi￿*￿¢1*[ ststements The financial statrmffljts of the charitabl¢ 0)Mp￿Y. which is a wb]ic lrnefft ffltity unthr FRS 101 bave beo) prepared in ￿cOrdanCe with Charities SORP IFRS 102) 'Ac4xMJntillg and Reporting by Charities". Ststement of Reconmded Pr&tiee atf)licable to charities prepari]￿ th¢ir acwnts in ¥WTYJance with the Financial Rew)rting Statmkn applicable in the UK aml Republi¢ of (FRS 102} (eff*tiv¢ l January 2019),, Finamcial RqM)rtuw StsDdaryi 102 Tr Financial Rtrx)rting s￿dard applirabl¢ in the UK and Republic of Irel￿d, and the Companies Act 2(M)6. Th¢ fina￿181 stsrements have been prepared undef the historical cost Critical actounling jUL*emeDts a#d key ofe5timattOn untr￿11ty In the application of the charitys w)ullliIig wJlici¢% ￿ TnL4¢¢s a￿ Nui￿1 to make judgements, estimates and &85umplions al￿rt the earrying 8mouDt of as5ds atld lÈabilities that are not readily appamit from oth sour￿. The tstitnat¢s a]d a&so¢iatrd a4￿mpli0nS are basa on the hi5tDTical cxperiakce and other fa¢tors that Th¢ estimates attd underlying assum￿10￿5 are Tev1￿￿ on an ongoing basi& Revisions to aceoutiting estimates are recognised in the kxrityj itt which the eslimatr is revis•J where the revision affects only that perio￿ or in tbe peri￿ ofrevision alld futs￿e w(¢Mls where the revis￿ aff¢¢ts currrytt and firture ￿lod5. Income All ineomc is rco)gnigfyl io the Statement of FIn￿¢la1 Activiti&s onr£ the charity h&% elltitJemeDt to the fillth, it is probable th*the inc￿¢￿11] be received alldtheaMOu￿ call be Measu￿ reliabty. Going eon¢e Th¢ tn]ste¢s have reasonable giving ¢th￿ideratIOn ts) th¢ Nyyldwide ¢w0navin￿ wNJemic (COVID 19A that tbe charity has adequate res(WCts to a)ntinu¢ for 1he f(4eseeable fijtsjre. The clwtty th¢r¢fore Expelldiéu Liabilities are reco￿lS¢d &4 ex[￿t￿ Ls SCrf)ll 35 th￿e is a legal OT CO￿￿tTr￿V¢ obligalion wmmifftng the tharity kn that expetMlitw4 it is probable that a trznsfer of ￿m)Mic bEnefits will bE required in settlem¢nt and the anount of the obligation LXD be measured reliably. ExTLYJditurc is account&1 for on ac(zua]s ba515 a￿j ha5 been clwifiql under heath.ngs that a8gre8*e ajl iTht ￿la￿d kn the ¢A*gory. Where costs cannot b¢ directly atthbutd tt) particu]ar IK4dings they have kn 811(￿thI kn xtiviiies on a basls thtsistent with the use of Tangible r￿ed ￿Sets Dqxeciatson is providoj at the following r*es to wrik off each asset ¢)v¢r its estimated usefu] fe. FTeehold protxrty Strwght line ovtt 50ye4rs Iln6. 2(PAon c05t 7.5¥J/tyoll T¢ducingbalance 75%onreAILKillg kAlwe Plant and machinery Fixtiwes and fittin8S Stocks valued at the lowex of Lx* aThJ T*t ft81isable valu4 after maknng dut allowance for ob501Ete alld slow moving items. TAixthll Fund atcounting ReStri￿ed filluls caD oDly be for rt%triLard pur￿￿ 7Witllltt the objerts of the Lthrity. R¢strictKID5 8risewh¢n $￿Ified by the 1k)r￿)rorWhell fuDds are raised for￿￿o￿larICstrl￿￿ [W￿¢s. NufFS TO THE FINANCIAL sfATEMENIS.eothlled for the year eDded31 Juty 2024 ACCOUNtLYG POLICIES. comÉiDued Fwid aCt￿nt￿¥ Further explanation ofthe nabjre andsMu￿seOfc￿h fillxl 15 inchmted in the ￿tr5t0 the finaurÉal St￿tt￿ents. DONATtONS LEGACILS 2024 2023 628 10,521 2023 36ffj90 36589 2024 2tr23 1,012 2023 Adiviry Subsuiptiotts Charitable aaiviti Charitable￿AlV[tsCs Other income The4treprc¥JudioJL% Othtr itK%)me 3,185 157J81 6fi434 2Jg) 61217 55,930 137JIINb 120537 Costs Clwitsble acttvi 112J56 continueLI.. NOTES TO THE Fir1￿)CIAL SfATEMEf￿l5. ¢￿tinUed fortheyexreTrknl 31 July 21)24 suppoKr COSTS Totals A7 63 &023 28J75 Supp(*t C(*ts. included in the are a5 follows: MaDweiit 2024 2023 Totsl tivilies Insurance & liceTrses Postag¢ Ststiortary & Phone Sundrie8 Tt￿1 & sub5iStence I￿532 10295 283 186 17ffj89 14741 2023 Tothl pendoj *tiviti¢5 L752 GovernanL* ethts 2024 2023 Total activiti¢s exrkndgl AccoLDttaucy atKI lega] fees 8023 9.135 OTHER 21124 37132 28J75 38.093 26.628 Support Costs 66207 64,721 Page 10 NOTFSII) THE FIli￿NCIAL sfATF.MEffi5.comtinued foythe ye*r ended 31 Juty 21124 PITT INCOMFJ(EXPKNDfTURE) Net intomtl(txtaittwe) is stattd aftwcawgll]gI(CfEd￿ng1. 2024 Depreciation. owned 37433 38.095 10. TRUSTEES, REMUNERATIOL¥ AND BENEFfTS There w¢re no tr￿tte& reMUne￿in (K Oth￿ bcth kn the year 31 July 2024 ￿)r for the year ended 31 July2023. ' There were no tnL%Éees' expetLses forth¢y￿a￿j 31 July2024 wforthe yeareT¥1￿1 31 July 2023. STAFF COSTS ii. 2024 2023 Wagesand sal&ies 13J77 10,661 13J77 10.661 The averngc rnonthly nwnberof emplDye¢S durill8thE y¢arw& &$ foliowK 21ll4 2023 Administrntion No¢mployees received emoluments ex¢w of ffj).(WXJ. Total runds fi]nd INCOME AIYD ENLX)WMENfs FROM DonatÈons alld legacies 10521 10,521 Cb8ritable aetivttits Subscriptions Charitabk *tiYities 9) 11&147 23 118,147 Other traditig activtties 36.589 1.012 36589 1,012 Tot*1 161659 168,659 EXPF.f4DITURE ON Cha)4table activits ct)aTitrbleartivities 91,694 94.694 61.721 64,721 Totsl 159.415 159,415 continued... ror the year ended 31 Juty 2024 11 COMPARATIVES FOR THE sfATEMENfoF FINthCIAL ACllvI￿. tODtlTrued NETINCOME 9244 9,244 RECOP4CILIATtON OF FUNDS Total futmts fonvard 1231.621 1231,621 TOTAL FtJNDS CARIUED FORWARD 1240.865 1.240,865 13. TANGIBLE TrIXED ￿￿E73 lrnprovem¢nts Freehokl Plant axl At l August 20 AdditiotL VATadjustttLent 1231L151 (Q755) 135 At31 Ju]y 2024 4SIIIIO 1323946 133219 DEPRECIATION At l August 2023 Cha￿¢ foryear 277,95 24612 At 31 July 2024 37*)• 7S237 IYET BIXIK VALUE At 31 July 2024 730• 921J84 57.982 At 31 July 2023 &1( 951201 54,776 Page 12 NiwfFs T0171E FINANCIAL sfATEmENtS.e￿tinUel1 for the year eDded JI July 21ll4 13. TANGIBLE FIXED AS5E75. eontlDued Computcr equipmellt Totals COST At l AUg￿t 2￿23 Additior VAT adjustsnent 156h58 I&65 16 21623 3.148 51 IJ80J176 120113 {6J53) At 31 July 2W24 15&339 lJ86J26 DEFRECIATION At l Allg￿2023 Chaoe fory￿r 71 J71 &431 751 461J40 37J33 At31 Juty 2024 5272 499,173 lirr ￿)0K VALIJE Ai 31 July 2024 50 1087,IXI At31 July 2023 84.787 18,872 1.118,736 The VAT adjustment is a resuk of dwity b￿￿MIng VAT re￿$thd in 2019 athl maknng prtrVAT gistralion claims. 14 STOCKS 2023 StsKks 1.131 990 15. 2024 2023 139 1155 7,134 208 7J24 7.956 VAT 9A28 15.488 CASH AT BANKAND IN HAND Pag¢ 13 for the year 31 Juty 2•24 i& CASH AT B￿￿K ATr4D Il* HAP4D- continued 2D24 2023 fi￿dS fvnds C&sh in hand Bank account t￿. I Bat)k acco￿1 ￿. 2 Bat]k deposit a(Yount 8Jl 2978 106,797 4J837 1.016 1522 72J70 43,010 Totsl 15UI3 118.918 17. CREDrroRS: AMoiJNfs FALLING wrntlN 014E YEAR 2024 20?3 Trade ¢reditors S(Kial searity other taxe8 Other ￿edItorS 10,2( 188 625 1254 419 1.694 12*33 13267 I& MOVEMENf IN FUNIXS At 31.7.24 At 1.823 in fiuMIs UnTestrlcted fullds Generd] fimd (1563) L239J02 TOTAL FUNDS (lJ63) 1239J02 Net MoVE￿Ent in fimds, included in the ab)ve follows: expended in fund5 177 (178J63) (I,Y)3) TOTAL FUNtKs (178J63) {1S63} Pag¢ 14 continued... forthe ye4re]Kled JI July 2024 18. MOVEMENf IN FUNDS- continyed Compardtives for mov¢meDt in fimds movemem in funds At 31.7.23 At 1.822 Unrthrithd funds 1231,621 9244 1240,865 ,231fi21 9244 1240,865 In¢4)mitig Resourtes Movement expended in fimds Unrtstrirted fNnds 16&659 {159.415) 9244 IW59 {159,415) 19. There wer¢ no relattd p8rty tr￿5&*￿)￿$ for￿ ye4r ended 31 July 2024. 20. LIMrrED BY GUARkYfEE The compally ts Limited by Guarallttt￿d &$ ￿ ally profits aff b) ￿ raain￿l by thecharity. 21. coNllNGE￿T The 2019 VAT registrati￿ of the charity gav¢ rise to VAT ]rfiuKts Trthidcd for ID thi5 set of Ftjrther VAT refunds will be Teleased at a rdfe of the annually ¢Jtculated exemptioll of the m&Kimurn re£laim of £12.521 per aDnum for the mnaiDing 4 ye4r5 as th¢ VAT Capitsi Gcds Scheme. This has been agreed with Hmkc, trtrt to ￿JUS1m￿ will ￿ madE in fubjre finalK￿ 51ztemeDts UF4)n ￿Xipt of thereffi￿d. Page 15