' Dow*gn En￿lOpe ID.. BOOAWC.BEcC￿448￿BO1wZ0F8OlCc5E GIST Charity rngistrntlon numb•r 214249 c￿TrY registration number 0112fjB828 {Ett￿n￿ and Walesl THE LEICESTER DRAMA SOCIETY UIATED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 •ADV5WTM* 2PJ0112025 COMPANIES ￿￿usE #160 DI)￿Ign En¥elwe ID.. 800A762C-BECD44BMOI&WFMCSE THE LEICESTER DRAMA SOCIETY LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustse¥ Prol J Harding (Treasuw) Ms F Harris Mr M Scott Ms J Caunl Mr T Young Mr P Beasley Ms M Carberry Mrswale IAFvoinled 18 Augu$l 20241 (Appointed 10 April 2024) {Appointed 10April 20241 {Appoinled 30 June 20241 S•nlor managtment MrGM Mr J Bale Ms C Young S•¢r•tary Mro Moore Ch4rlty rtuM￿r 214249 Comp•ny nUM￿r tM)268828 Opèrating nam• The Lrfue Theatre Pvlnelpal •ddre Leicester LE16PW R•glsl•rnd offi¢• Leicester LE16PW Audltorn Neth C8sUwnan LLP Wèst Walk Buikling 110 Regent Road Leicester LE1 7LT Banke CCLA Investment Management COIF Charity Fund 80 Cheap$￿e London EC2V 6DZ Virgin Mor 3 Ea5tgat¢$ LeKester LE1 5YA Epworth Investment Managewrt Limrted 9 B￿h111 Street London EC2A4PE Doc￿19￿ En%*lope ID". BOOA762CiECD44B>B01WW904CC5È THE LEICESTER DRAMA SOCIETY LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Soli¢ito Èi9hknan$ LLP l•Vaterfoo Hwse 71 Princess Road IA*sl Lei¢*ster LE16TR DO￿8￿9￿ En¥d¢pe ID". BL))A762G8ECtw8>￿18-EAZ•F￿4Cc5E THE LEICESTER DRAMA SOCIETY LIMITED CONTENTS Pag• chaiM￿'S statement Trustees. reF 2-16 Independerrt auditorfs report 17-19 Statement of financial act¥it￿S 20 Balance sh8et 21 Statement of cash Iltr Notes to the ffflan¢ial ststements 23-36 DO￿8￿jn En¥eloFe ID." BOOA762C-8ECD448>B01&642AF904CC5E THE LEICESTER DRAMA SOCIETY LIMITED CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 JULY 2024 It is with greal pkasure that I present my rèF*%t as Chair of the Leicester Drama Sooyety ILOS} Board of Trustees for the year 2023 12024. have had a full season of plays, musicals and 'specials' covering all genres of performance. We are very pleased lo see our audiences gradually ￿t￿mIng lo pre-pandemic levels, and our tradIt￿nal Pantomime. 'Puss in Boots.. was espe¢o1ty popularwith-full houses. for many perfomances. Average aLKlience attendance al LOS prod￿tionS increased by 7% this season lo 68OA overall. Our YoLth Theatre is also nch¥ operating al fvll capaoty and has a waiting list of young Pe$)P￿ wshing to join. Their main house musical produ¢tK•n Of"All￿ in Wonderfand and ThroLyh the Looking Glass. vr4s parb¢ulariy popular and all 3 perfOMwn￿ were'$old out-. More recently Y￿ have a150 reopened our stud￿ with (yjr New Directors Showcase and then. in July e concluded our season 7Mth a sell-out prcrfjuction of"Dia¢uk.. A cor￿ of Terrors" Successlul prc4Juctions c8n onty be achieved by Ihe dedi¢ation and hard th of our many volunteer members. On behalf of the Board of Trustees, 1 th8nk them all for their help in the many areas ol the theatre. both M and off-stage and we are pleased to recognvze their indiwdual areas ofwork throughout this reptrt. In conclusbon I wwld like lo offer sincere thanks to my colleagues on the Board of Trustees have supp￿ed me in the day-to-day runniNJ of ￿ theatre. and ex￿$5 my aPpre￿aliC￿ of our staff members - (kaham Muir. Tratre Manager. Car(Ayn Yc¥Jng. Oeputy Theatre Manager, John Ba￿. Head ofwardrobe, Rob Mullins. our Premises Offw. Andy L￿Iey-8r0￿. Yoyth Theatre Leader and Kate Maclntyre. Deputy Youth Theatre Leader. 25-01-2025 Ms M Carberry Trust•• & Ch•1m￿n of Boanl of Trust• Envelope ID.. 8(QA762c-8EctH48&B01&EA2*F￿ THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2024 The Board of Twstees Ilhe "Board"). consTrsts of Ihe directors of the charitable ￿MpanY and has pleasure in submitling Ihi$ annual report and the authted statements for year ended 31 July 2024. The financial statements have been prepared in acCOrdar￿ ￿th the accounting policies set out in note 1 to the financial stalerrents arKI cornply v￿h Chanty's goveming d0Cuff￿t, the Financial Reporting Standard applicable in the United Trfjngdom and Republ￿ of Ireland IFRS 1021. Accounting and Reporting by Charities: Statement of Recommended Practice for dwrrfies applwng FRS 102 {2019). the Charities Act 2011. the Companies 2CrfJ6 and UK Generaly Accepled Acwunting Practice. OBJECTIVES AND ACnVlnES The obJ'ectr¥es and aims olThe Leicester Drama Soc• {LOSI are to encourago the study and pract of drama for the pecple of Leicestershire and beyond and lo promote and conduct Ihealre and musicals, touring shows and educate volunteers in acting and technKal theatre skills. These objectives are sel out formalty in the goveming document. wh￿h is rts Memorandum and Art￿leS ofAssQc￿tl0n. LDS aims to achieve its objectives by: presenting a broad range of prc#JuCi￿S.' offering opp¢)rtunitw to a broad range of people to become involved in all aspects of theatre.. providirvj facilitw for amateur and profgssionals lo present their prc¥JuctKsns, enablirvj people of all characteristics lo work tC9ether in theatre and lo produce shows. LOS owns and operates The Lrtue Theatre (the "Theatre.) in Leicester cty centre and rt promc4es productions and events using that name. Ttte Board has planned its actNities for the year such that a progfamme of theatre is presented lo appeal to a tKoad audien￿. Particular regard is given to affordable lthet prices. access and audience devek)pmenl through a range of ticket schemes. Careful ccffjsideration is also given to the accessibilty of the Theatre with Iree art exhibitions and as part of the Connections new members. evenings, open days and backstage tOUTS. Membership of the LDS ts free in the fitst year of joining to encourage nert membets and acting and lechnKal theatrical traning are also available to members the wKler community. The LDS presents its CA￿ programme of shM and also hires the Theatre lo musical and drama societies as well as touring companks. LDS also develops theatre skills of young people through the LDS Youth Theatre. The LDS seeks to develop new members. kntr*ledge of theatres. encourage new audiences to see theatre and events, and deepen engagement thrwjh its xt0￿. workshop and improvisation programme. Creative theatre and wKler part￿1Pa￿.On are also fostered and LDS once again hosted heats of the All-England Drama Feslr¥al. A huge wnlribulion as ever was made by the 400 current LDS rr*mbers who regularly volunteer and support for our Society by directsng. ath.ng and pThidin9 technKal arKI front of house skills throughout DouJ*n En¥el¢)pe ID." BoL14762G8ECtH48>￿1w￿9)1CC5E THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 the year. We also very much app￿clatethe valuable contribulwjns made by our hard-working staff. LDS is a communrty and we wish lo also lake this opportunty to thank all of our aUdIe￿e$, visitors and extended 'farnity- who regularfy contribute to the aCtNit￿5. well*eing and upkeep of our Theatre. both creatwety and financially. Our main income is from ticket sales for perfoman￿$ and we do not receNe any regular funding or grants for our adivities. t)onations from Supporters a￿ afr*ays very gratefulty received and thi$ year we wish to path"eularty Ihank everyone who has donated: joined our 200 Club., bought a "Starf or has remembered us by making a b¢qL￿St ￿ Iheirwll. I Slatemen The trustee5 confirm that Ihey have referred lo the guKFance ￿ntained in the Charity corr1niss￿n's general guidance on public benefit when revi8wng the charty's aims and obpctives. ACHIEVEMENTSAND PERFORMANCE Pro￿L￿tiOnS 102nd Seasm 202>24 We are proud to ￿POrt on L*cester Sc¢e￿5 102nd year during whth, in common wth many other Ihealres a¢ross the country. allendan￿ at the Lrtt￿ The*re has Contin￿ to increase as audiences have gradualty retumed (over several years) fouth￿.Ay the pandemic. Our production year ran from Seplember to Juky with the closed season in August being used wimarily to undertake routine mantenance of stape and light1￿ equ1vi￿rtt. LDS stsged its own season of 10 plays plus a Pantomime. a fanly Musical and a YoLrth Theatre produdion in its 349-se* Main House as listed in Tabl8 1. Our thanks to those volunteers 7htho wothed on the PrLxluctions opw*ing team lo plan these productions through the year. Our Productions Trustee. Joe Middleton. stepped down with effect from theAGM in March 2024 and Paul Beasleywas subsequenlty elected as Productions Tnjslee. Members of the ProdudK)ns team during this season included Mary Jayne Harding Scott, Simon Butler, Ruth Cheetham, Russell Hughes aThY Jon ￿tsrthy. Il¥È also thank Mary Jayne Harding Scott for her work on licen￿$, royarties and perfomiing rights. The Lrttle Theatre B busy throughout our pr(xludK>n year arKI hosts many perf0M￿nCeS in addition to LOS produdions. During thts 102nd Season, LDS also hired the Main House of the Littl? Theatre lo our exlended family of Musical Societies. with whom we have bng-standing wthing relalKJnship5 Isee Table 31. Theatre hire is managed by our Facilrt*s Trustee and team. Special events including furnyraisers and touring pr¢>Juctions were a150 presented. and these are listed in Tabk 4. Our thanks loAn* Crooks f¢x his continuing efforts in arranging these events. As the folcwing tsbles sh(w our average awJMce site has continued to Teeover arKI has grown 8ubstsnlrdlly to 68% duTirKJ this. our 3rd season since COWD dosures. The steady ￿0very is very pleasing and reassuring bul caution is required as aud*nce $￿eS are still than the average of 78Ya vthich wa5 achieved in 2018-19 limmediatety before COVID). Audiences remain selective whe buying tickets and panlomime."Agalha Christse. and ouryouth theatre show, AIKe in Wonderland, were particularty p¢)pular. T￿et sales for some LDS productions received I￿ audience numb￿$ when compared with sales achieved by the MUS￿ staged by local in the extended LDS famity. Docusign En¥eW ID". BOoA762C-8ECtH4B>B01&EA2AF￿Cc5E THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Table 1: Main House Productions: 102nd Season1202&24) Opening Produ¢llon A￿h01{$) Perforn)an¢es Attenda￿• Audience ht 11Se 23 20¢t23 23 O¢t 23 13Nov23 14 Dec 23 22 Jan 24 5Feb24 4Mar24 22M¥24 A Murder is Announced s and Hens The Innocents Fallen An els Pus5 in Boot5 ril in Paris The Gotxl Lrfe Dlal M for Murder The S￿ret Gar(len A atha Christie Will Russell William Archibald Noel Coward John Bale John Godber Je￿rn Sarns Frederick Knott Marsha Normal & Lu¢ Simon J B Priestle Lewis Carroll adapted by Adrian M¢t¢hell Alan A ckboum HEB*e5 TOTAL 2.008 1,028 1,052 1,445 8,354 1,254 82% 42% 430 590 960 51% 75V 70° 48°A 25 13 2.182 29 r24 17 May24 Dan erous Comer ice in W0nder￿nd ILDS Youth Theatre) 1.675 999 69èA 95% 6Jun24 1 Ju124 Table Manners The Darlin Buds of 1,275 1,450 26.262 23,249 17.241 52% 59Y. 68% 2022-23 TOTAL 109 2021-22 TOTAL 104 Table 2: Studio Productions: 10Vd Season Openlng N5ght Productlon 202>24 Author . Perforniances 1Tlckets I Sold 133 Audiènce % 30 Nov 23 New Drector's Showcase Various 10Juty23 Dracula.. A C¢ynedy of Terrors Goryjon Greenberg & Steve Rosen TOTAL 308 No LDS perfomiances took place in the Ha￿00d Sludk) in 2022-23. 175 100% 100% able 3: Visiting Op•¥ati¢ Soci•ti•s: 102TrJ Sea￿￿ (202>24 Opening Night Production Company P¢rforniances Tickets Sold 526 1.947 2.034 1.722 2,016 8.245 8,811 Audi•nc• % 3Se 23 10 Oct23 1Nov23 16Apr24 1Ma 24 l Love Musicals LAOS Schwl of Rock." The Musical IDOLS Natwityl The Musical KPAOS Legalty Blonde.. The Musical LOP Grease.. The Musical AOS TOTAL TOTAL 75% 93Q 970/0 829A 96% 91% 66% 2022-23 Do¢JA9n En¥elope ID.. BIrf)A762C4ECIH48W1&E42AFg)ICCSE THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Toble 4.. Speci81 Events. Touring Productlons & Fundrnisers: 102Th0 Sèason 2023-24) Production ,' P•rforman¢es Ticket8 Audi•nce % Sold 267 79 653 69 320 641 670 116 294 125 203 260 330 296 453 170 122 198 337 143 171 365 98 41 159 130 253 74 7.037 6.238 18Se 23 Matt Rendell's Inside Stor*s O Sep 23 Fire in the Bel 9 Ocl 23 Art of 8elievin 30 Oct 23 Nosferalu 1 Nov 23 Legends of Motown Nov 23 The Carpenters Experience 2023 Nov 23 The Sooty Shtyw 13 Jan 24 The Same Face5 2024 11 Feb 24 The Upbeat Beatles- 24 14 Feb 24 Do You Think That's Wise7 16 Feb 24 LGS Big Band 2024 17 Feb 24 Murdef She Didn't Wrrte 18 Feb 24 The ABBA Sensation 1 Feb 24 Top Secret". Level Up. 22 Feb 24 Jersey Beats- Oh ￿81 a Nite 24 24 Feb 24 The G￿&test Star.. Barbra Streisand 12Apr24 All En land One Act Pla Festival.. Local Heats May 24 The Real Manhunter- LNe 8 May 24 Andalu¢i¥ 10 May 24 Diva of the Decades 11 Moy 24 The sea￿her5 and Hollies 24 30 May 24 Ceri DUp￿e- Immaculate 1Jun24 The Counterfert SeVent￿s 20 Jul 24 Frank Sinatra.. The MOVE Years 25 Jul 24 Seriou$ty Collins 26 Jul 24 Word Up 80$ 28 Jul 24 Cilla and the Swin 30 Jul 24 Past Tent5 77% 23• 94.1 20% 92% 92• 96% 33% - Flamenco 36% 58% 74% 95° 85Q 65% 49% 12% 570 970 41V/tr 49¢ 520 28% 12% 37% 72P 21% in Sixties TOTAL TOTAL 2021-22 Table 5: Total perfo￿￿nceS & Seats Sold b Origin: 102ThJ Season12023-241 Origin of Production Perfomiances rf Seats Sold 122123 in (22123 in brackets) ti brackets 1111109) 26,262123,2491 9(01 308 26 {381 8.24518.811 351321 7.03716,238) 181 {179 41,852 {38.2981 % chang0 LDS Main House Productions LDS Studio Productions Friends of LDS.. Visiting Society & Fundraisers Special Events. and Touring Produdions +13• +13% TOTAL ulh Theatre Youth Theatre Le8der Andy LongleY-BrO￿ and Deputy YcArth Theatre Leader Kate Maclntyre. the LDS Youth Theatre groups for both Seniors (12-18) and Junior5 18-11) meeting on Saturday mornirvJs during school temi time. W￿kshOppIng and workir4J on key acling skils. Our Youth Theatre DO￿9n ErwdoFe ID.. B(MJA762C-BEcwesB01&EAWg)4CC5E THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES. REPORT (CONTINUEDI FOR THE YEAR ENDED 31 JULY 2024 is now up to fvll strength and there are waiting lists for youry peopEe of all ages wish to join the groups vacanoes occw. In May 2024 the Senior and Junior groups presented a sell-out prTrJu¢tion of the musical Alice in WMderland and Through the LookiThJ Glass (Mitchell) Vth￿h played in Ihe main house for three perftymances. Both groups benefft from b￿ng in a main trK)use production. Both groups also produced showcase performances for families and fr￿d$ at the end of the summer term. Bookings have also been taken for Iwo sessions of"Play in a Vleek" wthich are pknned forAugusl 2024 and are proving to be very popular. The Youlh Theatre ¢ontinwl to offer in depth training lo young performers that developed their skills and irnaginatKJns. Youth Theatre members a￿ also encouraged to audition for children'5 parts in the Adult Society's other prOducti￿S. and thi5 season some were involved in Ihe LDS productions of The Innocents and The Darting Buds of May in the main house. ur man o er8tin teams and their volunteers We wsh to extend a huge thank you to our many vclunleers who work in many roles to keep our theètre running. Whilst Ihose dire¢ty involved in yCrtl￿tlons are regulwty crediled in show programmes. we detsil those vtho V*Drk behind the scenes that many of our audiences are unaware of, bul who a￿ jusl as Mtal to the continuing SLKcess of our LDS and the Little Theatre. This section highlights the important work Ihal they do in keeping the Theatre running and supportin9 our builthng. Shows ond our audiences. Facilities The challenges ofowning arKI woth.ng in a very old building remainwith us. butwe are making progress. All of our ernergery lights are rthv LED driven as is much of the general lighting within the theatre. Our understsnding and control of heating and ventilating our theatre ¢￿tinUeS to improve but continues to be hampered by the tmpractulity of rai&ng insulation levels to anything like modem standards. We have worked hard lo improve our streetscape better lighting and a new fence to the adjacA8nt park. The old r¢)ols on bolh the theatre and 52 Albion Street brirvj their seasonal challen9es and we try to manage those situations wthin our operatsng t￿dget. The Lift has received a huge amount of attention 8fKI money, both from our inlemal team 8nd the external experts and we are continuiro to work to bring it back lo an operating stsnd8r¢J. We contirmje lo undertake work inlemalty wfienever we con. ralher than engaging cDntractors. Contractors left us a legacy of undocumented changes and poor reporting of what they had actually done. Our own team getting involved rep8irs means that the nexl time similar thin9s go Wfong we can deal with them quicker and better. The Fa¢ilili8s Team meets every tsvo weeks arKI organises Iheir sthedule of I￿rk and sperKling prionties. Team members urKlertake Ihe unendiNJ tasks of maintenance on emergency lighting. toilets. plumbing. alamis. security systems. te￿phOThe systems. CCTV. ele¢tri¢al systems and a massive quantyty of lrfting equipment. tO9elher wth our IT Infrastr￿lure. We also need to manage our Utility supplies and the impacts that neighbouring properties have on ow buiklings. A current major project for us is to build our own 'Building Management System, whth L8 an IT system that manageslwill manage many aspects of how our building wryks. D¢¢wwJn Eovel¢pe ID ecoA762C-BEcfh44B3-801&WFWC5E THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 As ever. we are grateful to Rob Mullins. as Caretaker. for undertaking a huge number of daily maintenance tasks that keep fxjr building ready for the public. Our thanks also go to those volunteers who worked on the Facilities operating team through the yearvtho in addib.on lo M8rtin Scott as Facilities Trustee induded18n Connor. Simon Entsv4s11e. owen Lee. Sam Mirton. Tim Neville and Pete Lowe. Front of House FOH Our FOH volunteers are coorthnated by Fran Harris. our FOH Trustee. supwted by Hilary Cooper and Pal Thompson. We are pleased to report that it has been a rewarding year for the Fronl-of*louse team, receiving excellent feedback from our aud￿nce membets for their efficierw and kindness. Each season. some older vdunleers retire an(J new memt)ers to be recruite(l and inlegraled wth our teams. Most volunteer inleresl in Front-of-House roles come from the Tuesday Conne¢lions meetings held before each ￿ay. Front-of-House teams are essential for each perfcmance and these inclwje 8 trained First Alder. We also have our Spektrix trx)x office booking system live in the foyer for pre-performance ticket sales 'on the doorf and volunteers $eMng on our Bar. FOH teams also keep wsttors aware of forthcoming shows by giving out as many flier5 as possible the audience are leamng so that they are kept up to date ilh infomation ab)ul all perfomances at The Little Theatre. All FOH roles are crit￿1 to the successfijl operatson of our T￿tre and ￿re of wr audiences and they provide many opp)rtunities for newer members to get to know our theatre and other M￿tser$. Our thanks go lo the 57 volunteers who worked on the Fronl-of4ouse operating leam through the year who in addition to Frances Harri8 as Front-of-House Truslee were.. Yasmina Abo-Husgn Lynne Audley Mike Batho Connail Jenny Burdett Jo Cain Jackne Caunl Ke￿#h Caklwell Geri Cawrey Ka￿n Coknn Val Concar Hilary Cooper Mollie C¢)oper Sam Cooper Barbara Co￿er Kerry Cubin H8zel Curtis Terrie Dodds Lind8 G(K*Je Kane Gray Patrick Holli9an Teresa Heaps Lance Huggett Teresa Jones June Ken￿11 Ken PwJgin Jeanette Rotsnson Hdary Sanders Is8￿11e Sharman Helen Skemp Elizabeth SFendlove Sue Stevenson Mia Stone Mary Siurgess David Taylor Pat Thompson Kay Thompson MaU￿en VitKe Colin Ward Helena Wesl Val Westbrook Kathy Williamson Clare Winfeld Margaret Wowe Trish Kenyon Alison Leyy Jasmine Lowen Vimal Manji Nick McDonald Mahesh Misty Sue MLwrell Charlie Mullins Diane MurF*y Helen Musson ROL￿ Pa Steffi Parker G￿ Phillips Our thanks also go to the 41 vdunteets who sepled our behind the Bar Ihrough the year who were." Connail 8aum Keiah Cal¢J%vel Ross CaflwrMJhl Liz Kavanagh Sam Kel Ramona Kulak4¥op Sleifi Parker Trisha Parker Rthard Payton DovJ5tyn En%*lope ID". BtWi762C-8ECCW8&B01W2AFgJ4CCSE THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Mrirffioy Oek Paul Large Grxe Philli)s Aiden Davis Kat Lenthall Tom Preslon Rachel Draper Darragh Logan-DaMes Amanda Sadler Freddie Dobrijev Calum Lucas Premila Shanmug8balan Peter Lhjffin charl￿ Lyon Helen Skemp Andrew Fiol Cxivia Morrisey Mary Sturgess txani Gatenby-08vies Charlie Mullins Ella Thomson Kane Gray Chartene Munday Nisha Vegad rim Hogarth-Jones Diane Murphy Ben White Darianne HI)Yen£hu￿ Misha Nguyen Christne Wise Ken Huggett Richard O'connor Box off￿e Led by Caro￿n Young, our Deputy Theatre Manager. we thank Ihe folkmng volunteers who ensured our custtxners were supported in booking tickets for our prodL*tions and shows during the 2023-24 season.. Yamna Abo.Houssin Teresa JLX*S Connail 88um Sue Morrell Jackie Caunt Jo Mugglet Kane C>ay Helen Muss Ajni Haria Sleffi Parker Mary J￿$ Jeanetie Robertson Pauline Robertson BeuLqh Sell Rodney Spokes Pal Thompson Costume Hire The costu￿ Hire Department. located in premises owned by the s￿Iety in Albion Street ck)sed to the public on 17th March 2020 and has remained dosed since. Despile this ch)sure. our Head of Costumes. John Bale, has eamt LDS £1,456.26 in costume hire fees. Marketin Marketing continues to be a key fcus for the theatre. and we are hwy to see our efftjrt and nsistency starting lo pay off. In iwo years. our average audience attendar￿ has increased from 48° to 68Vo, and we hope this will continue to grow. as we aim io move back lo pre-covid levels. We are also pleased lo see that are retaining our exislir¥J aLK5ience base whilst also attr8Cting a new. younger demographtc that will help to sustsin the theatre's long-temi viabiltty. The markeliThJ process durirKJ the 202>24 Seas￿ has invow building on the fomjations laid in the 2022-23 season. The ¢wality of our social media outwt has laken another step up. wth directors and photO9raphers becoming keener to get involved ￿th the production of high4Juality marketing content. This. 81ong with the support of wardrobe. has helped to create more eye￿IchIng. engagin9 posts. making rt easier lo keep the viewer's attentNM. 11 is a step thal helps lo present the theatre in a profes￿On31 manner and make us a more 8ttTacli¥e option to the person-Cffj-Ih&street. The season also saw our firsl postyndemic selkouts. with KPAOS'S NaDvrtyl The mus￿81. VIAOS'S Grease, and the LDS Youth Theatre's AIKe in Wonderfand & Through the LC*)kI￿ Glass all selling the maximum number ofseats. Docustgn Envelw ID.. BOOA762C.BECtWB>801WW>)4CC5E THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Some key marketing aspects this season Ind￿led.. A cover story in local B2B publication. Niche M89azine. heiped put new eyes on the theatre in the run up to our first p18y of the season A'behind-the-scenes of panto" vvjeo got hL￿O tr•*cffi on S￿la1 media. and advertised the many backstage rotes for which we need volunteers A SI￿pfrOnt billboard outside Cty Hall promoted our SPrin￿suMMer season r bi-annual brochures continued to make a big impa¢L with 16.5k wsies of e&h in circulation.. the Iheatre's (wn st￿k of the spr1ng1sum￿￿r issue ran out Iwice. and required re￿lIS from our distributor Le1￿$ter ice-rtnk once again had promoting tyJ pantomime and Easter musical. The impact of our marketin9 is clear and sales are up aeross the board, but there 15 Still a long way lo go. Consistency and quality are our watchwords. and continuirKJ to en5UTe that we make the theatre as visible as possible- vA)ile invesbng our ￿$oUrCeS in Ihe right cpportunibes- ¥that will get us back lo th¢ level we need to be LX). Our thanks go to Emma BOmf￿1 who was an elected member of the markelwig team for this seascffi. Membershi Membership of the S￿￿tY increased over the year from 394 on 31st Juty 2023 to 400 on 31st July 2024. Membership of LDS offer5 a wide range of opportunit*s. on stage, backstage. front of house and in ¢t%rrnittee and admini5tralion work. We offer free wembership to new volunteers for the first year to give them time to find their interests and to decide whether membership of LDS is right lor them. All Members also pay reduced fees forActors INorkshop and re¢eNe 10Ph discount for purchases from the bar on non-perf0ma￿¢ days. Fulty pa*J-up Members also receive d￿CoUnt$ for I￿ketS for most LDS productions. Ml new ￿￿MberS are contacted thnjugh our successful Connection5 evenings {Organ￿ed by our membe￿h￿ team) and by email. The membership teaffl 15 led by our Mernbership Trustee Jackie Caunt and thanks goto team members Kal Lenthall, Charlotte Brtra￿. Carol Vlcrfthy. Davhl Tayky aml Frethjie Dobripvic. Backs e Cowordin The ￿ickStage cwrdinalion team has responsibilrty for the stage crew. ftying, set building and deconslrudion, prompting. props. Iwhting and sound personnel for each frt-up, rehearsal and perfomwnce in the main house and the Haywc¢d Studb), as wel as for on4Joing training and rnaintenan¢e work. Our thanks go to those Voluntee￿ who worked backstage through the year wP#) in add(tion to Andy Crocl(s as Technical Twslee included.. Graham Austen Lily Foley Gra￿ Bale Karen Gordon Emma Bamford Kane Gray Martin Bell Nadine Hall Noah 8enUey Jenny Hardir Tom Brooks Mary-Jayne Harding Scott Sandra Brown Denise Hargreaves Katherine Bums Mark Harrison Lucy Byme Darianne Hoyen-chung Mo Carberry Russell Hughes Andy M8ar Sam Milton DavwJ Mcw)re Jackie Moor8 Dave Morris Tim Neville Andrew Northcote Daniel Northcote Rae9an Oates Alex Oklham Nick Sheard Beulah Sell Ch)ug Simpson Sam Simpson Nikki Strickk7r)d Fraser Tew Rob Thidby Mohisha Thomas Alex Thompson Andrew Thompson Docusign En¥eknpe10.. 8D)A782GBECtH4BM01W2AF￿c THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Judy Chan Lydia Cleme Andy Collins Sean Collins Amy Crighton Alex Cr¢X*ks Reema Crooks Sim¢)n Dickens Ollie Draper Simon Eniwstle Alex Exton George Faulkener Nikki Favell Pete Flann8ry Diani Galenby- Davies Mary Jor Aditi Kaloch Victoria ￿rk Gary Kramer Alison Lee Evie Lee C￿n Lee Kal Lenthall Ali Levi Jean Lingham Phil Liquorice Tim Lovdl Jacob Martin Shelty Martj'n Jenny PaNJe Steffi Parker Grace Phillips T¢)m Preston Amanda Prieslly Ann Ratdiffe Neil Ree Jill Reville Tim Revitt Jane RovAand Georgia Russel Amanda Sadler Chris Sawicki Martin Scott Jeremy Thompson Dave Towers Jane Towers Ed Tumer Anrteke Van De Stege Anouk Vidanage Serasinghe Stew Wale George W8n(er Erin Walkins Sian Williams Clare Windle Jon Worthy Darren Wrvjht Tom Young Archwin The So¢Yèty has a substanlial archNe which prowdes a very valuabie history of LDS and the Theatre. The Society'sArchivists work one day a week. u$ualty Tuesdays, compleling a w*Je range of tssks and often working with other organi$ath?ns or indivmluals. Donations tothe archive arewelcorned and these can often help to fil small gaps in our collecbon. Ongoing propcts include docuff*ntstiw of the many changes in our buildings since 1930. We would welcome more photos, part*ularly of backstage area$, and of Alb￿n Street when we first bought rt. Scrapbook5 have been created Tel￿"n9 to key events of OUT history. The first 50 years of the Society's production records are digitally avaiL8ble on the Thealre's websf(e www.thelittheth .co.uklAbout SArchives. Tho digital repair of damaged photographs lof which there are many) is a150 an ongoing Project. During this season ￿ the next the picluTes in the corridor's dtr•vnstsirs a￿ being ￿freShed. Our archNisls also maintain the Memorial Boc*s of members who have died. In the last year LDS has lost Lynne Audley. Mike Dack, ￿"Ta Finch. Pam Hall, John Hendrie. Fred Hyman, EL8ine Moore and Darien D'Arcy Parkes (Darien Thomas}. Vle wish lo thank our Archivists and everyone who wo￿$ to preserve our heritage and history. This includes.. Lisa Thirfby Mavis Roper Karen Gordon Al8n Fred(ingham John Ghent Rob Thirlby t)ian8 Smith IT Matters During the year, we have continued lo maintsin wr IT systems ertsuring we ale comptying with best praclice. This has included updatiro IT policies and procedures. We have also overhauled our CCTV systems lo ensure better management and security of the Theatre PTemtses. We wsh lo acknowledge the contribution made by Tim Neville in pl0￿dIng support and advice on OUT IT syslems throughout Ihe year. 10- DocuswJn En%tknFe10.. 80OA782c￿Ec[y•￿8OIW2AF￿)lc THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 FINANCIAL REVIEW The resums for the year ended 31 Juty 2024 are shu•m in the Statwrent of Financial Activrties on page 20. This, together with the balarKe sheet on p4e 21 sh(yJld be read in conjurKtion with the related notes in acCOrdarr￿ with the Charrtie5 SORP 2019 (FRS 1021. Total income for the year amounted to £715,18312023 - £672.291). The princpal fvnding source was box office income. Totsl expenditure ftytheyear aff￿Unted lo £614,585l2023-£560,970}.Abreakd￿n ofexpenditure is set OLrt in notes to the financial slalements. There was a surplus on general fvnds for the year totalling £78.054. a Su￿1￿$ on designated funds lolalling £3,681 and a surplus on restricted funds totalling £18,863. ThLS has resuhed in a total increase in funds for the year of £100.598. The funds for the charty al the year*nd lotalled £1.136,931 which compfise general funds of £830,385. desvjnaled funds of £136.514 and restricted funds of £170.032. The trustees have prepared forecasls for the period ended 31 Juty 2025 whth incorporate the above measures. Ba$ed on these fore¢a$ts. the trustees are of the opinKJn that the ¢harity will continue operating for at least 12 months from the date of approval of these financial stalemenls. On Ihis ba515, the trustees tonsider it approwwte to prepare the financial statements on the going concern basis. Re As is the policy, Shows are chosen lo maintain a level of box office inccthe Suff￿lent, with profits from ancillary actNities. lo cover running costs and maintain the infrastructure of the premises. Any surplus is used to finance improverrents or bukl reserves. Cash reserves are W at a prudent level for unplanned Contingenc￿5. rve 11 1$ the long-tem poly of the board of liuslees to mainlain free reserves {unrestri¢ted funds less tangible fixed assets less amounts held in designaled fvndsl at approxim*ely £120.000 to Cover salaries and core operational costs based on a 3amonth period. Al 31 Juty 2024, unreslricled reserves excluding fixed assets arKI amounts held in designated funds. which are freety aval￿ble forthe charity to use, totalled £329.S7912023- £217.7181. The charrty's reserves increased in this period due lo tight cost management. The additional reseNes ￿e inlended to be used as a contiroency for future capital maintenance costs. nveslment Powers and Pd The Society continues to invest in interest bearing accounts wiéh the aim of maximiqing interest eamed balanced against investment risk. Accounts are currenty hekj in I¢ywthrisk fvnds with the CCLA COIF Charities Investment Fund and the CharityAid Foundatk)n. Princi l Risks and Uncertainties The Trust￿ have kdentrf& revwied the major risks to wh￿h the society is exposed and dccumented these in a compiehensive risk register. The TnFStees have adopted the rssk register as part of their risk management slralegy and have established systems and procedures to mttigate the risks Jentified in the risk register. Do￿$49￿ En%*lope ID.. BOOA762C-BECWB>eoi&EAW904CC5E THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 COVID and other potential epidemK5 and pandemics are st￿1 considered lo be a risk to the charty because the general publK continues to remain cautKws. The Trustees are mindful ol their duty of care towards the Society's employees and rts many vts￿n￿r members. The So¢iety has in place s￿kness Absen¢e. Equal Opportunities. Harassment l Bullying. Health & Safety. Retirement. Vknhistleblw"ng. Data Protection and Working Alone Policies. It also ha$ Capabilty, Grievance and Disciplinary PTo¢edure5. Disciplinary Rules and Policy Statements on the Recruitment of Exthenders and on the Secure Storage. Handling. Use, Retention and Disposal of Disclosures and Disclosure Information. As part ol the Sct*'s cc¥Thnrtment to Safeguard and promote the wehre of children, yourbg people and vulnerable adurts invofved in its activit*, rt has in place a Child Protection Policy and a Policy on the Protection of VUIr￿able Adults. The Trustees have aL80 issued Guidelines on Appropriate Contsct and Instructions on Managing Behaviour and A¢Ceptats￿ Restraint. Disclosure and Barying serV￿e cheeks are required for those who work ChI￿ren on the Societys behalf. The Society's poltw P￿edureS together ￿th Ihe Tems and ConditK)ns of Employment are reviewed annualty by the Trustees to ensure that the provisions of them continue to meet the Sctiety's legal Obligat￿n$ and relle¢t b8st pract￿e. The Soc* is a member of the Litt￿ Thekn Guild of Great Britain which provides thice, training opportunrties for members. and national and Icrtal contacts tfvnthin the entertainment industry. The Sociely lakes advice from Legal and Professional extemal bcrfjies vthen appropriate. PLANS FOR THE FUTURE LDS has a full rarvJe of activTiie5 ard its arfistic pn)gramme together with prodwtions from its exlended family of local operab'c societies and special events for 2024-25 has already been published and audiences are booking these already. We are conltnuing to vrtxk on increasing audience numbers back to p￿-CO￿ld levels. LDS will also continue with its Captlal maintenance and development programme and continue to seek fvnding to enable deliw. TRUCTURE GOVERNANCE AND MANAGEMENT The Society is a leading amateur drama organTrsation. It is a company hmrted by guarantee and a regISte￿d charity. 11 was founded in 1922 ar*d irthrporated in September 1932. It 1$ govemed by its Memorandum and Art￿leS ofA530cialion. The Board & sen￿ Man ement The Board is the unpaid goveining botty of the soc￿. It ensures that the Society's work remairbs of the hwhesl qualrty. and that rt is managed eff￿1entfy arKI coslweffectivefy. Board members are both diredors of the company aThl charty trustees and under company and chafty law are responsible for policy, admini8tralion and general control. The Board delegates the day404ay management of the Society to Operating Teams and staff which induded". Mr Graham Muir. Theatre Manager Ms Carolyn Young. Deputy Theatre man￿er Mr John Ba￿, Head of Wardrobe 12 Oopjwgn Tr. BC4)A762C4EctkUBM01&E￿￿mCCSE THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 During the year. the Board met 11 limes to ensurettrw were maintsining effectwe contrd over strategic, financial. organtsational and c(ryliance issues. Board MembeTSh' Trustees serve an Initial tenn of three yew5. They may be reolected for a second temi of up to three years. Nominations for such ofthe ro￿ as are due for electk?n we sought prior lo eachAnnual General Meeting (AGMI. An election takes place at the AGM. Anyone can be¢ome a rnember of the So¢￿ty and acquire the right to vole atAGM5. Details rel8ling to membership are set out in the Byelèws. The lobilty of the members is limrted to a guarantee of an Tr)unl not ex¢eedirrfJ £1 per member in the event of an insolvent windin*up of the Sc¢iety. Trustees who seNed during Ihe year are list&J n Table 5. Table S: Trustees Honorary Secretary Honorary Secretary Honorary Treasurer Cornpany Secretary Trustee for PTodudK)ns Trustee for Product￿nS Trustee for Marketing Trustee for Facilit .Retlres Mr S D￿en8 Mr J Moulding Prof J Harding Mromoo I￿￿J￿ed April 20241 leleded Apnl 20241 2027 2025 lo>optsd as Trustee Apiil 2023. reggned April 20241 (￿tIred April 20241 lelecled 10th April 20241 Mr J MKldleton Mr P Beasley Mi T Young Mr M Scott 2027 2025 {res6med t2nd IAay 2024. (rX￿pted 1￿ August 20241 2025 Twstee frjr Membership TechnKal Trustee Ms J Caunl 2025 Mr T Brooks (￿-9#9) 27th August 2023, reS￿ne￿ 26m November 20231 (coty￿ 2V N1)V￿ber 2023. reS￿ne￿ 10kn April 20241 {rwted 30° April 2023. apwnknent I￿inated 25bl February 20241 lekded April 20241 (CO￿pIed 30UI June 21Y24) leledeij 10* April 20241 Tnjstee for Outreach MrsA Sadler Trustee without special responsibilty Ms D G*enby Davies Trustee without specift ffjsponsibilty Ms M Carbe TnJstee wrthout specific respon51bilty MT S Wale Trustee for Outreach Ms V Fkiwers Trustee for Front-of-House Ms F Harris 2027 2027 2026 All new Trustees have aecess {via MS Te￿ts and the VkÈbs*e) to the ScKiety's Trustee Handb¢)ok comprising the Memorandum and Artth ofAssociall￿ and other key documents. There is a formal 'Roles of the TNslees and Operating Teams. document that sets out what the Society itself expect5 of Trustees. Trustees are currentty drawm onty from the membership. As such tlw will be familiar wrth the Soe*ty and a￿ likety to have been invofved with the *iety for many years. The Board encourages Trustees to familiarise themselve5 Wrth aspects of the or9wisation I￿7t they may not know so well. in partjcular Ihe roles of the permanent staff. In their meetings. the Trustees were assisted by 8 Company Secretary. An appointment to the post of Company Secretary is mode annualty by the Trustees. Tr C¢ynP￿Y Secretsry is a member of the s￿￿ty bLrt is not a company director or charty trustee. 13- Doc￿ign Énvelope ID." BC¥)A762C-BEct￿44B>￿O1&EA2AFwCCSE THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 eratin Teams The Board concerns itself with lon9eT lemi Strategic issues and the Operating Te￿ with daY-t￿daY operational issues wrthin polKies and resources determined by the Board. The Operatin9 Teams have the folkpM"rvJ broad oty"ectrves. Productions-. this team is Tesponsble forfvrthering the artistFc reput*wJn of the Society by planning and implementing a programme of plays and ensuring their efficient eff&tive management. Facilit￿." thi$ team is respons￿le for the daY4(￿daY operation ol the Theatre as a publK v8nue. MaFketing". this team is responsible for the promOt￿n of the Theatre's programme of pkys arKI shows and the promOt￿n ofthe in the W￿er communty. Membership.. this learn is Tesponsible for the recmitrnenl and retenkn.on of the S￿Iety's members and for enc￿Ula9lng participation in the Theatre. Backstage Co-ordinalh)n'. thi5 team i% responsible for wdinating the Staffing of Shthvs and planning of ck)sed-season work. The Trustees revw learns. c4e¢tv4es and budgets annualy. atin Team Membershi . Members of the Operating Team5 are subject to proposal and election by the members folb)wing the AGM. Operating team members are elected to serve for a ￿year term wrth effect from 1 August in the year they are elected. except for ￿￿MberS of the backstage cov0rdinat￿n Team who are all elected annualty. Members may be co-OPte(l on lo each team as needed. All Operating team members may staTrJ for a second lem. Em ees and Volunt8ers Table 6la) sh¢YWS the empknyees in post at the start of the financral year. Tablè 6(a}'. Employees_ al the Stsrt of the financlal y••r Full. lim• Part- timè Fu1141me. equivalents Administrative & Box Office staff Theatre Managef {Graham Muir) Deputy Theatre Manager {Carotyn Young) Ca￿take[ l Handyman (Robert Mullins) Pnmluction Stsff Costume Designer & Head of Wardrobe (John Bale) Youth Ththitre Staff Youth Theatre Leader {Andy Long* Br(Yhm) Youth Theatre Deputy Leader (Lite Maclntyrel Total 14- Do¢yJ$iw En￿0￿ ID.. B(KIA762C-BECtH48M01WW9YCC5E THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Table 6(b): Employ•es- at the end of the financial ye•r . Full- tsm* Part- tim• Fu114iiii• equivalènts Administrallve & Box Office staff Theatre Marbager (Graham Muir) Deputy Theatre Manager (C8￿n Young) Caretaker l Handyman (Robert Mullins) Production Staff Coslume Designer & Head ofwardrcth (John Bale) Youth.Theatre Staff Youth Theatre Leader (Andy LOng￿Y Brty•￿) Youth Theatre Deputy Leader (Kate Maclntyre) Total Freelan 'Tabl• 7: Freelance staff Gemma Greaves (Scenic Designer) Jacob Martin IS¢enic DesNJnerl Abby Glover Iscenic Desyner) Sophie Zielonka Iseenic Deswdner} Jake Smart IS¢enic Designer) Dave Towers (Stage Carpenter} Caroline Walsh {Choreogr8pher} Paul Timms Imvsical Dire¢torl Grace Bale IMusi¢al Director) The Society also needs the hard work. enthusiasm and ded￿at￿lft of a large number of members rf it IS lo continue to thrive. The Sc¢iety's Main House productions commonfy invofve over 90 members ofthe These include direclor. Cast. stsge crew. pr(ryters, wardrobe. h"ghts"ng crew, sound crew. wardrobe, fffjnt of house, bar and box off￿e staff. Society mwnbets also support studio productions. special events and fundraisers. Society members a￿ also busy with a WTde variety of tasks wh￿h help wi(h the management and organisation of a busy venue and wrth recruiting, retsining, training and encouraging new members of the Society. The Soe*ty has about 400 members and many contribute lo the work of oi three of the Thealre's'departmnts., during daytiw* or evenings. Docusign En¥*ltsFe ID.. 8o0A762CSECD44￿P1)l&EA?AFmcsE THE LEICESTER DRAMA SOCIETY LIMITED TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 STATEMENT OF TRUSTEES. RESPONSl8iunES The trustees {who are also directots of The Letistw Drama Society Limited for the purw)ses of company lawl a￿ responsible for Pryiaring the Trustees. Report and the financial Ststemenls in accordance with applKable L*¥ and Unrted Kryd￿ Accounkn"NJ Standards (United Kingdom Generalty Accepted A¢¢ounling Practice). Company law requires the twstees to prepare financial ststements for each financial year. Under mpany law the trustees musl not approve the ffinancial st￿en￿ts unless they are Satisfied that they gNe a true and fair view of the slate of affairs of the ¢haritabk wnpany and of the incoming resource$ and application of resources. including the ir￿rne and expendrture. of the tharitable company for that pemd. In preparing these financial statements. the trustees are requi￿ to.. $elect suitable accounting polt¢w and then appty them consistentty,. observe the methods and principles in the CharitEs SORP 2019 {FRS 102)- make ju(Igements and estimates that are reasonabte and prudenL state whether applicable UK Accounting Slandar(l$ have been fdlowed. to any material departures disclosed arKI explained in the financial statements" prepare the financial slaternenls on the going corKern basis unless it is inaFpropriale to presume that the charitable company w￿1 continue in operaknn. The trustees are responsible for keeping adequate accounting records that disclose wilh reasonable accura¢y al any time the ffinancial p>$rtK￿ of the charrtable ¢onyany arKI enable them to ensure that the financial statements compty wrth the Conyanw A¢t 2006. They a￿ also responsible for safeguarding the assets of the charitable company and hence for takin9 ￿8$Onable steps for the prevention and detection of fraud and olher irregularities. In so far as the trustees are aware.. there is no relevant audrt InfO￿nat￿n ofwhich the chwbtable company's auditor 15 un&vare.' and the trustees have taken all steps that tw ought to have taken to make theMse￿eS aware of any re￿8ftt audil infofftNgtion and to eSt￿lISh that the auditor is aware of that infom)al#)n. Audito A resolution for th8 reappointment of Nw*by Castleman LLP as auditors of the ccffnpany will be proposed at the forthcoming Annual General Meeting. Funds h•ld as custodian tru5tÈe The chanty and ts trustees a￿ not acting as custodk?n tntstees. This report has teen prepared in a￿Or￿an￿ with the specwl provis￿￿$ relating lo srnall eorrpanies within Part 15 of the CompaniesAct 2CrfI6. Prof J Harding (Treasurer) Trustee Ms M Carberyy Trustee 2S-01-2025 On behall of the Board of Trustees Date". 16- Doc￿51￿ ID.. BQOA782C-8EcfM4B&B01W2AFWCSE THE LEICESTER DRAMA SOCIETY LIMITED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE LEICESTER DRAMA SOCIETY LIMITED Opinion We have audrfed the financial statements of The Leicester Drama Sooety Limrted (the 'charitablè company'l for the year ended 31 July 2024 whth comprise Ihe Statèment of Financial Activthes. the Bakince Sheèt. the Statement of Cash Flows and the Aotes to thè accounts. in¢luding a summary of sKJnfficant accounting pOl￿e$. financial reporting framework that has been in their preparation is applKable and United Kingdom Accounting ' Standards. including Finanual Reporting Standard 102 The Finan￿81 Reporting Standard applicable in the UK and Rgpublic of Ireland {Unrted Kingdom GeneraltyAcceptedAccounttiwJ Prxttil. In (wjr opinion the fmanoal st*oments: give a true and fair ¥iew of the stste of the charitatle (x*mpany's affaits as at 31 Juty 2024 and of its ino)ming resources and applicalion of resources, induding its income and expendrture, for the year then ended". have been property Kwared in alx0rdan￿ T*nlh United I￿￿￿¢￿n Generaly Accepted Acc4)unting Practre,. have been prepared in accordance with the requirements ofthe CompaniesAd 2006. Basis for opinion We conducted our audit in accordance with Intemati￿ Standards ¢)n Au(klirwJ (UK) IISAS ILAQI and apF4icable law. Our responsibil￿1@S under those standards are lurther described in the auditor responsibik"kn"ès for the audit of the financial statements section of our report. We are independenl of Ihe chariiable company in acccrdance with ihe ethical requirements that are relevant to our audrt ol Ihe financial statements in the UK, including the FRC'S Ethical Standard. and we have lulfilled our other ethical ￿SpOnsibl1111es in a¢xordance with these requirements. We beliève thal the audit ewidence we have obtwned is sufficient and appropriate to provide a basis for our opinion. Conclusions r•lating to golng conc•rn In auditing the finawal slalemenl$, wè have Cor￿L￿je￿ th* lh& trustees. use of the goirvj cmcem basis ol a¢counling in the prèparatb)n of the finanoal statements 1$ appropriate. Based on the work we have perf0m￿d, we ha￿ not Traenlthed any material uncErtainties relating to events or condrtions that, indmdually or cc41ecb'vely. may ¢ast swnificant doubt ￿ the charitable company$ abilty lo continue as a g￿ng concem for a period of at least months froffl when the finan(#al stalements are aLrthorised for iSSLbe. Our responsibilities and the responsiblit￿$ of the trustees respect to going concem are described in the relevant sections olthis report. Other infvrniation The other inforn)ation ¢omprise$ the informab.on induded in Ihe Irustees. report, other than the finanual state￿nts and our auditor's report thefèon. The trustees are ￿sponsIbl￿ lor the other infomiation conlained wrthin tha trustees. report. Our opinion on Ihe financial statements doe5 not ¢over the othpr infomation and. excepl lo the extent otharwise expliulty stated in our reporL we do not exwess any fomi of as$urat)ce CA￿dUs1o￿ thereon. Our responsibility is lo read the other infomiaith and, in doing so. ¢onsTrder whether the other information is materially inconsistent with the finantial ststemenls or OLK kn￿￿edge obtained in the cknU￿e of Ihe or otherwse appears to be malerially misstaled. If we Klontrfy such material inconsistencies or apparffil material misslatèmènts, we are required to detemiine whether thi$ gives rise to a malerial misstalement in the finanual statements themselvès. If. basÈd on tht work we have perforn*d. wt conclude thal the￿ 1$ a matèrial misstatement of this olhef infomial•)n. we we requrred to report lh* facl. We have nothing to report in this ward. 17- Dcajslgm Env*Jpe ID: BL1X762C-BEC￿Bse0l￿E￿2NFk￿Cc5E THE LEICESTER DRAMA SOCIETY LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE LEICESTER DRAMA SOCIETY LIMITED Matt*rn on which we are requir•d to r¢port by exception We have nothing to report in respect of the following matters in relatthi lo the Ch8riti8s (Accounts and Reports) Règulations 2008 require us to Tewi to you if. in our opinion.. Ihe information gNen in the finana* statemerts is inconsistent in any material respect with the trustees. port.. or . thè ¢haiitabl• company has not k¢M adequate act￿nting records.. or Ihe financial slalements are not in a9reement wrth the ar%ountirvJ rec(Jrds and retums,. or wé have not received all the infomialion and explanations we reqU￿e for OLbr au￿. Responsibilities of trustees A5 explained more fvlty in the trvstee5' respons￿lI11￿e5 51alement set oul on page 15. the trustees (who a￿ also the directors of the charrtawe company for Ihe purposes of company lawl are responsible for the preparation of thè financial Sialements and for being sab"sfied that they gi¥e a true and fair view. and for such intemal Cmtrol as the Imstees delermine is ne¢e558ry lo enable the preparatbon of finanoal statewents that are free from material misstatement. whether due to fraud or In preparing the financial $lat•ments, the Imstees are ￿SponSIbl* for as$¢$$ing thè charrtable ￿MpanY'S abilrty to o)nlinue as a g￿ng conc8m, disdoswvJ. as appluble. matters related to wng concem and using the going ncem basis of accounting unless the trustees erther irrtend to liquidate the ch￿ilable company or to cease operations. or have no rea￿St￿ aliernative but to do so. Audito￿$ r•sponsibilities for the audit of the financial ststernents We have been appointed as audrtor under seclion 145 of Ihe Charities Act 2011 and reFth in aCc￿rdance with regulalions made under se¢tion 154 of Ihat acl. Our objectives are to obtain reasonable assurance aljoul whether the ffinancial statements as a Who￿ are free from material misstatement, whether due to fraud or error. and to issue an auditorfs report that includes our opinion. Reasonable assurarhce is a htgh level of assurance but is not a guarantee that an audit conducted in accordance wrth ISAS IUKI will a￿8yS detect a material mi55tatement when rt t￿$t$. Misstslements can arise from fraud or errclr and 3re ￿nsIdered material rf. indmdually or in the aggregate. they coukl reasonably be expected to inlluen¢e the economi¢ de¢ision$ of users taken on the basis of Ihèse financial statements. Irregulaiities. induding fraud, a￿ Instan￿ of non-Comp￿ce with laws and regulations. Ws design pro¢¢dures in line with our responsibilitie$, ouljined above, to detect material misstatements in respect of irregularities, incjuding fraud. The extent to which our procedures are capable of deiecting irregularities. indudin9 fraud. is detailed below. Extent to which the audit was considered rApable ol detecting irregularities idenlfy and a$se$s the risks ol material misstatement of Ihe finanoal Statements. whether due to fraud or error, and then dèsign and perfom audrt procedures responswe to those risks. induding obtainin9 audrt e￿￿enCe that is sufficient and appropriate to provide a basis for our opinion. H04vever. responsibility fo¥ the prevèntion and dètèction of fraud l￿[matelY rests ￿th both those charged with govemance and management of the chantable company. In identtying and assessirg risks of malgrial Trwsslaiement in respect of irwularibes. induding fraud and non- compliance with laws ￿ regulations, our procedures included the fdlow"ng". obtaining an understanding of the legal arHJ re9ukito¥y framework applicable lo the charitable company by considering the nature ol the industy in whK* the ¢haritsble company operates and enquiriny of management". and idenlifyt.ng the key laws regulations consrdered to have • dwed impact on the financi¥l statements cluding the UK Companies A¢t 21XE, UK Charities Act 2011, UK Generalty Acc£pled Arxounling Pr¥cli¢e and UK lax legi￿allon. Other reg￿ationS rdenlthed which were not considered to have a diTe¢X impact on the financial statements I￿rt which were considered central lo the abilty of the chaiitable company lo operate were the Licensing Ad 2￿3 and ihe Health and Safety at Work Act 1974.. and assessing how the charita￿e company is ￿mpty1ng with the applicabbe legal and ￿gUlatOry framework by making fvrlher enquiries of managemenl and observing the charitable companls control environment regarding compliance wth regulations and fraud prevent￿n.. and 18- THE LEICESTER DRAMA SOCIETY LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF THE LEICESTER DRAMA SOCIETY LIMITED assessing the suseeptibilty of Ihe dwritab￿ eompanys finanryal statements to material misstatement. including h¢)w fraud might 0￿Ur. by con￿dering the effectiveness of the tharitable cc¥npan￿s èc¢ounling systems and eontrols and how these V•ere monitored by management. Where the risk of material misstatement was considered lo be higher in certain areas. frjrther audrt procedures We￿ designed lo athjress this increased risk." and discussing amorrfjsl the engagement team and Whe￿ fraLhJ might ctal charity funds 1,136.931 1.036.333 These financial statèmènls have been prepared in ￿rdance I￿1h the pro¥ish)ns applicable to tsjmpanies su4.èct to the small Companies, regime. For thè y*ar 4nding 31 JLty 2023 the company was enlilled to exempkn frryn a￿111 Lmder section 477 of the Companies Act 2006 rdaling to small companiès but as this company is a ¢hanty. it is s￿'e￿ to audit under the Charibes Ac¢ 2011. The dirèctors acknovAedge their reSponsi￿"1￿&S for cOm￿y1ng wilh the reqU1￿MentS of the Comparies Acl 2006 with respect to accounting recoids and the preparalion of finanaal s&￿ements. The members have not wuired Ihe o)mpany to obtain an a￿111 of Is fina￿1•1 stslements for the year in qLwlion with accordance with sectB)n 476. 16-01-2025 The ffiw¢ral Statements approved and aLrthon"s¢d lor Is￿ by the board of tru51ee5 M ......................... and are signed on its behaw by: Prof J Harding ￿reasUrer) Trustee Company Registration No. ￿268828 The notes on pages 23- 36 form ￿t of these finanol statements. -21_ OoAJsbJn En%*tr)pe ID." BOOA782C-èÉCN48>PIJ1&EA2AFg)4CC5E THE LEICESTER DRAMA SOCIETY LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2024 2024 2023 Nol•s Cash flows from op•rallng adr¥iti•s Cash generated from operalKffls 136.418 216,584 knvestin9 activiti Purchase oftan9ible fixed assèts Inveslmenl income recer¥ed {12.4691 17.248 {2.988) 13.933 Net ¢a$h Oefierat￿ from investing *ctlvltles 4.779 10.945 N•t ¢•sh used in fin•n¢ing a¢tlvlli•$ N•t In¢rnas* ith ¢ash and cash eqylvatsnts 141.197 227,529 Cash and ca$h equivalents at bogwnning of year 598.928 371,399 Cash and ¢**h ￿￿1¥alon￿ at tnd ofy•ar 740,125 598,928 OocusvJn Er¢￿￿e ID." B(#JA762C-BECWBM018-EAw￿cCSE THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Accounting polici Ch¥rity inform•tion The Lei¢ester Drama Society Limited ts a prNale company limited by g￿rantee incorporated in England and Wale$. The address of the registere(J office aftd place of busine55 is gtven in the legal and 8dminislr81ivè infonnalion page of these financial stalefflents. In the event of the chanty being wound up, the liabilty in respect of the guarantee is &mited lo £1 per member ofthe dwTity. 1.1 Basls of pr•parallon The charity is a public benefft entTty as defined by FRS11f2. These financial statements have been prepared in accordance with.. The Financial Reporting Standard appI￿able in the United Kingdom and Republic ol Ire￿nd rFRS 102.), Aoxunting and Reporting by Charities." the Statement of Recommended Practice for charit￿$ applwng FRS 102 12019), the Charli￿S Ad 2011. the CoMpan￿S Act 2006 and UK Generally Accepted Accounting Practice. The financial statements are prepared in ster&ng, which is Ihe funct#N￿l currency of the charity. Monetary amounls in these fI￿nCIal statements are ro￿￿ed to the nearest £. The financial stalements have been prepared under the historical cost convents'on. The prinupal arr￿u￿14￿g polirAes adopted are set oui bekiw. These pc4iues have been consistenty applied to am years presented unless otheThwse stated. 1.2 Going con¢•rn At ihe lime of approvMI9 the finanaal statèmènts, the trustee$ have a reasonab￿ èxpeclation that the charty has adequate resources to Continue in opèrational existen* for the foreseeable fvlyre. Thu$ the trustees continue to adopt the going eoncem basis of accounb.ng rn prÈparin9 thè financial statements. 1.3 Charitable funds Unresiricted funds arè aVaila￿t for use at the discTetK>n of thè trustÈes in furthèrnneè of th•K d)arrtabie objectives unless the fvnds have been des¥Jnaled for otr*r purposes. Oesignated funds are unrestricted funds of the chanty that the tru$tee$ have dètydèd al their dis¢retion to sèt aS￿e lor specific purposes. The aim and use of each dtsignatèd fund is out in the notes to the finanaal statements. Restricted fund5 are funds ￿lch are lo be used in accordance wilh spec4fic reslridions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such lunds are charged against the specific fund. The aim and use of each restricted fijnd is set out in the notes lo the fin¥n¢i81 slatemenls. 1A Incom• rècognftlon Income is Teojgnised when the charity k8 legalty enlthd lo rt after any perfoffr￿nee conditson$ have begn mgt, the amounts can be measured relrably, and it is probabk that in¢omo V￿11 be ie¢eived. Cash donations are recognised on rewpt. Oiher donations ale reeognised once the charity has been notffied of the donation, unless performance conditKJns require ¢Jeferral of the amwnt. Income tax recoverable in relal*Jn to donalions received undef Aid or deeds of 1$ re¢ogntsed al the tThg of the donalion. Govemment grant5 are recognised at fair value when the thafity has entrfement after any p8rfomiance conditions have been met, it is probable that Ihe in¢ome will ￿ reCe￿￿d and thè amount can bè measured wrth reliabilty. Ifeniitlement is nol mel, then the amounts are defened. DocushJn EnveloFe ID.. BLWI762C-BECD44BWIWWg)4CCSE THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 A¢countlng polici•s (Continued) Incom8 from charilable actTr1rt￿ comprises box offKe performance irKome. fronl ol house incom&, bar sales, costume hire and youlh theat￿ subscriptions. Income from performances is recognised in the period in which the relevant perforn)ance takes place. Income is deferred when tKket sales are recEived in advance ol the performanee of events lo wh*th they relate. 01he￿ISe income is recognised at the point of sale. In¢ome from trading acli¥ities inchjdes inc¢)me earned from memt¥ership $ubscn"plion$ and sponsor5hip5. In￿me from subscriptions 15 fec¥)gnised io the extenl that thi5 relate5 to the vjrrenl period, wrth the remainder being deferred. Investment irtc¢)me is eamed throu9h hdditvj assets for In￿lm&nt purposes. M comprises car park réntal income and interest receivable whi¢h a￿ recogni$ed on an a¢(xuals ba$is. 1.5 Expendlture rneognotlon All expenditure is accounled for on an acc¥￿15 basis has been dassified Lmder htrading$ that aggregate all costs relating to the category. EXp¢ndrtU￿ is re¢4nised whèn there 1$ a legal or constructivè obligats.on lo make a payment to a third party. it 15 probable that setllernent will be required an¢J the amount of the obligaiion can be measured reliabty. 11 is re(x)gnised undef the fdluwin9 headings." C051s ol raising fvnds indudes cosls irKuFred in seeknn9 donalms, legaries, grant$ and fvndraising. Expenditure on charrtable actimts.es notsbty indudès costs lo furthèr the deli￿ry of the obJ"ectives of the tharity. Irrecoverable VAT 15 tharged to 5UPPOrt tr)st$ (note 101. 1.6 Support eosts Supporl costs are those that assist the Work of the chanty but do not dire(aly represent charitable aclivilie5 ant1 costs of raising funds and indude office cos15, govemarKe cost$ and administratNe payroll costs. They a￿ ingjrred directty in support of expenditure on the obpcts of ihe c*arty. Support costs A￿ alocaled to ¢h8rilable activrtie5 on a basis consistent with use of the resour￿￿. The anatysis of these costs 15 I￿￿jed in note 10. 1.7 Tanglble fixed assèts Tangible fixed assets are rneasured at Q)51. net of depreraabon any impairmenl105ses. Depre¢ialion 1$ re¢ognised $0 a$ to wrile off the ¢osl of assets ￿$S their ￿$￿￿ual values over their usefvl live$ on the following base$". Freehold land & buildings Fixture5, fittings & equipment Over 6 & 10 years on cost Over 4 8 10 years on cost Freehold land. payments on a¢cwnt and assets in the ￿ul$e of ¢onstru¢tion are r￿¢ depreciated. Apart from certain integral features. rKJ depreciats.on 1$ prwded ¢)n freehokl land and buikling$ because the truslees consider the residual value lo be higher than the ca¥ryin9 amount. 1.8 Impalm*nt of fixed a$s¢ts At ead) reporting end date, the ¢harity mith¥s thè carrying anmyjnts of its tangiblè assets to delemine whether there is any indication that those assets have Suffer￿ an impaimient h)ss. If any sueh indicat￿n exists. the recoverable arTh)unt olthe asset. or the assel's ¢ash generating unil. is ests"maleil an¢J compared to the carrying amount in order lo determine the extent ol the impairnienl 1055 (If any). Where the carrying amount exceeds rts recoveratA8 amount, an impairmenl toss is recognised in the Statement of Finanaal Actiwtses C'SOFA,) Un￿5$ the asset is carried at a revalued amourrt where the impaimienl loss is a revaluats'on deuease. -24- Docvsi9n En*lDpe ID.. b&)A762C.BEcr￿B&801￿￿50ICc THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Actounllng pollel•s {Conllnu•d 1.9 St•¢ks Stocks are staled at the lower of cost and estimated selling prKe less costs to sell. StOL* comprises bar and front of house slock and pantowime lryhting. 1.10 Cash and cash equivalents Cash and cash equwabents indude ￿$h in harhd. deposits held at call ¥rith banks, olher $hortrterm liquid investments with original matunbes of months or less. 1.11 Flnanci*l in$trumnts Finanoal inslruments afe recognised in the dwTitYs b*n¢e shtet when the char¢ty becomes paty to the contractual provisions of the instnjment. Deblors and ueditors wilh no staled interesl rate and receiwabk or paYa￿e within one year are measured at transaction PTKe. Any losses arising from impairment are recognised in the SOFA. 1.12 Employee benefits en employees have rendered seNce to the ch¥ty. ShO￿enD emthee l)enèffits to wh￿h the •mFloyees aré entiuèd arè rèeo9nised at the undise(￿n1ed am¢xml expethd to be paid in èxchange for thal service. cost of any uNsed holmlay entitlement is rectsjnised in Ihe period in whtch the employee's serwlc¢$ are re¢¢ived. 1.13 Rttlrèmènt benèfits Payments to defined conts1bjt￿n retirement beneffit sd￿neS are dw9ed as an expense 05 they fam due. 1.14 Leases Rentals payable under cyTalirvJ l•ases. induding any kase ii¢¢ntives receNad. are charged to Ihe SOFA on a Stra￿ht line basis over the temi of the Telewant kase. 1.15 Taxatlon The Leicester Drama SorAety Limrted 15 a registered charty and no taxation prtsvision 1$ requwed as its income from tharrtable athitie5 fall$ T￿lA the Various exemptions available to registered charities. -25- DOc￿￿jn El￿￿ ID." 8OOA78ZC.BECD44B3-W1W2AFg)ICC5E THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Crftieal a¢e(buntiny estimates and judymwits In the applicat￿￿ of the ¢haiiVs accoLmting poliies. the Intstees art requ*ed to make jLKlgements. e$timat•s and assumptlons about the carrying amouni tsf assÈts and h'abilths Ihal are not readily apparènt from other sourc£s. The Èstirnatès and associated assumpkn.ons are based on historical eXp￿IenCe and othèr lactors that are conwdered to be relevant. Aclual results may drffer from these estimates. The estimates and ￿￿rIy1rVj awjrnptions ￿VieWed on an crfwing basis. Rewsions to accounting estimates are recognised in the period in which the estimate is rewsed where the revision a(fects cnly that period. or in the period of the revision and future periods whefe the reVi￿On affects both current and future periods. K•y $our¢os of estimation uncert*inty The estimatès and assiJmpts"on$ whi¢h have a 5ryrMr￿I risk of causing a malerfal adjustment tts the ¢aryilng amount of assets and liabilrtiès arè as follows. The annual depreuth'on charge for freèhold land and buildings is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful ecorw)mK lives and residual values are rea55esse(l annuaty. They are amended when necessary to refied cJJrrenl estimates. Allts¢ation of support ¢0sts The allocation of support ￿$1$ is $èn*ts"ve lo changes in the ￿Ve1 of work undertsk•n on eath actmty by th¢ charity. The allocation is reassèssed annualty and amènded bvhèn ne¢essary to rèfiect current eslimales. lTrGome from donalitins and legacles Unrestrfct•d Unr•str•cled Restrletsd g•nernl dèsignat•d funds fvnds f￿d$ 2024 2024 Total 2024 2024 Donations induding gTft aid Legaoes recervabl• Grant in¢ome 4.*9 10.CrfXI 5,390 9.133 19,492 10,000 9.804 14.969 5.3 18.937 39,296 Unrestiicted UrKestr￿1ed Restricted general de5ignale(I funds bjnds funds 2023 2023 Total 2023 2023 Donath￿S induding gift aNI 59.032 5.130 71.116 59,032 5,130 6.954 71,116 DO￿$sgt1 E￿lOPe ID.. BOoA782C.BECfh44￿BO1￿zAF￿lCc5E THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Incomp from charitsbl* acllvllles UnTrstri¢W Llnrnstri¢t•d genernl d¢$ignated fuftds nds 2024 2024 T¢)tal unlestr*￿ed Unrestricled general des￿naled fvnds funds 2023 2023 Totsl 2024 2023 Box offts LDS shows Box office special SIKYWS & Comedy Festival Front of house Bar Letts"n98 and ¢ostume hwe 408.711 40B.711 346,562 346.562 32.285 51.857 91,228 55.019 34,185 51.857 91,228 55.019 34.117 44.947 85,933 61,005 2,447 44.947 85,933 61.005 639.1 I.￿10 641,ocKI 572,564 2,447 575.011 Income Irom othertradin9 aclivrties Unrestricted genernl funds 2024 Total Unrestricted general funds 2023 Tot81 2024 2023 Membership inwne 17,639 17.639 12.231 12,231 Incom• from inv•slm•nts Unvestri¢ted 9enefal funds 2024 Totsl Unrestricted general funds 2023 Totsl 2D24 2023 Car pa￿ and renlal income Interest receivable 13.276 3.972 13,276 3.972 12.653 1.280 12.653 1.280 17.248 17,248 13.933 13.933 -27- Envehpe ID.. eLU762c-8ECW￿8O1&EA2AF￿jICcSE THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 JULY 2024 ExpendI￿rn on raising fun Unrestricled Unr•strkted geneTrl d•signated funds 2024 Totsl UNestrided UnreslrKted general designated funds fund5 2023 2023 Total 2024 2024 2023 Memberstmp schemes Fundraising exp￿dI1￿ 2.457 2,457 2.803 2.803 4.650 4.650 2.457 2.803 4.650 7.453 Expendltur• on charltabb• actlvlties Aetivitl•s Support undertak•n Costs directy Nots9 Total 2024 Total 2023 Nots 10 353.657 21.427 46.414 124.976 14,673 25,814 15,568 478.633 36,100 r2,228 21,558 424.391 33.101 70.513 25,512 Front of house B* Lettings and costume Imre 427,488 181.031 608.519 553,517 Unrestricted general funds Restri¢ted ful￿$ 608,445 74 $53.443 74 608.519 553.517 -28- Docusljn En¥4tyw10.. BCW)A762c-èECts44B&B01&EA2AF￿CcSE THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Exp•ndltUT• on actlvltlos und•rtak•n dlr•cty Productlon Front of hou Bar L•ttin9S Totsl 2024 Total 2023 costumè hirn Staff c051s Deprnciation Box office adrnin Direct production costs Special show arlisles Maiketing of shows Front of house SUppl￿S Bar Supplies 141,838 41,752 28,563 147,828 41,752 28.563 90.956 612 49.936 21.427 46.414 129.938 25,850 29.237 70.574 409 55,639 19,109 43,764 612 49.936 21.427 46,414 353.657 21.427 46.414 427.488 374,520 10 Expenditure on support costs 2024 2023 Deprec4alion Repairs and maintenaTh Rent arKI rates Light & hèat Cleaning and hygwe Administralive expen Insurance Irrecoverable VAT Audit. legal & professional Other costs 4,599 4,562 28,614 37.929 3,628 41,714 36.474 30.437 25.914 17.715 16.202 13.308 14.374 31,225 24.882 7,520 8,920 2.271 5,896 181.031 178,997 localed to.. Charitable actiwtses 181.031 178,997 Support costs have been allo¢ated to aclivrtiès on a rekwanl basis to refknct th• use ofthe r¢souffe$. Support costs indude govemarKe costs amounb.ny to £6,025 (2023- £5.740). The amount charged lo the SOFA In ￿sp￿* of audrtorfs remunerab.on was." statutory audit £6,025 {2023- £5.740) - Othgr servi¢e$ £975 (2023- £1.0291 -29- Dorjjswn Envelope Kl.. BtW4762¢.BEcfH48M01&EA2AFMC5E THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 11 ImpalM￿nts Impaim)enl tesls have been carrièd wt whwe appropriate arNJ the klbwing impawment losses hav8 been re¢ognis8d in profft or kn$s". 2024 2023 In rèspect ot. F￿ehOld land and buddings 15,689 An impaim)ent 10s5 of £15.689 has been wognised in respecl of the Itft hehj wrthin Ireehdd land and buik1ing$ due lo it fto lorwjef being fft for use and therefore il has ¥ residual ¥ak* of £Nil. 12 Trust••s Excwt for the disck)sures beb*. r￿e of the trustees receNed any remuneratton, beneffts or re¥nbuTsements from the charity during the year. or in the pre￿u5 year. rin9 the year. expenses were rewnbursed to the foll(y*irwJ Iru$tees.' Prof J Harding was reimbur￿ £2.942 {2023 - £6651 for the pwthse of rwjhts to bac*ing tra¢k$ for perfomance and mer¢handise to be sokl in thè Kbjs Parrto Bar. Mr M Scott was rèimbursed £1,LK8 12023 - £1.931) for materials for tspairs and dectsralK*ns lor the Kids PaThlo Bar., Ms F Harris was f8imbursed £3712023- £28) for relumed panto I￿(als. Mr T Brooks was reimbursed £27912023- £Nill for stage microphones., Mr J Middlelon was reimbursed £Nil12023- £911 lor scrip15. Facebook ads and licence5'. Mr T Young was reimt¥Jrsed £Nil {2023- £191 for maleria15 for Sooty's Ceremony,. Former Trustees were reimbursed £Nil 12023 - £878} for Stage IMJhts"ng malerials. properties for LDS productions. hospitality for the LTG ￿nference and propert￿$ for LDS prLxJurtitsn$. Al the y8ar4nd. £42 was owed to 1 truste¢12023- £NI). Do¢u$ww En¥elopo10.. B{￿762C-8ECD44BHfj1w2AF9oIcC5E THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 13 Employws Number of employèè The average nM)nthty number ofempknyees durirwj the ywwa$.' 2024 Nymb•r 2023 Number Management and administnknn Youth theatre Employm•Tht costs 2024 2023 Wages and salaries Sou'al security costs Other pension costs 141,13S 4,261 2,432 124.591 3.171 2.176 147.828 129.938 There were no empbyees WI￿Se annual rerwntrnl￿ wa$ £60.(￿ or more. 14 Tangible fix•d assets Freehold A880ts und•T Flxtuw, l*rtd & construttion & •qulprM Total Cost At 1 Au9Ll$t 2023 Addilws Disposals 621.513 239,461 601,187 1,462,161 12.469 12.469 {6.8901 16,890) At 31 Juty 2024 621,513 239,461 6C6.766 1.467,740 D•pr*¢iation and knpaim*nt At 1 August 2023 Depreeiab"on charged in thè ￿ar lrnpairment bsses Eliminated in ￿Spect of disrthals 323.010 11.979 15.689 521,726 844.736 18.683 30.662 15,689 (6.8901 16.8901 Al 31 Juty 2024 350.678 533.519 884,197 Carry5ng afflount At 31 Juty 2024 270,835 239,461 73,247 583,543 Al 31 Juty 2023 298.503 239,461 79,461 617.425 Information on the impawmenl arising in the year is gNen in note 11. 31 THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 14 Tangible fixed ass•ts IContinu•dl freehold land and buddings. the cost is made up of laTrJ of £156.429 and building5 of £465.084. 15 Sto¢ks 2024 2023 4.698 1.107 157 4.016 391 140 Front of house Pantomsme h'ghls S.962 4,547 16 Debtors 2024 2023 Amounts f•lling due wlthkn one year. Trade debtors Prepayments and accruad income 70 28,943 2.596 25,574 29,013 28.170 17 Cr¢ditorn: •mowts falllng wilhin one year 2024 2023 Note Othèrtaxation and so¢ial sèts Deferred income Trade ¢redrtors Accruals 5.156 182.081 12.971 21.504 5.711 160,773 25,612 20,641 221.712 212.737 18 D•hffed Income Deferred i1￿(￿ne induded wthin rKile 16 atove 15 a5 fokn¥s'. 2024 2023 Advance ticket sales Membership subscripli'ons Unrefvnded ¢anceled tickels Cu4omer cre¢Jrts Grft vouthers and order deposits 157.017 3.378 14.922 134,707 3.543 14.922 2.800 4.801 4.355 182.081 160,773 Do¢AtsiW Enwlope ID.. BOOA782C-BECtWB>B01&EA2AF9NCCSE THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 JULY 2024 19 Rettrem•nt benefft schgm•s D•fin•d contribution sch•m The charrty opefales a defff￿d with"bu1￿ pension scheme for al quahfymg enwloyees. The charye to the SOFA in respect of the def￿9￿ ¢Ontri1￿bon sche￿￿ was £2.43212023- £2.176}, all of thi5 expense was unrestn.eted and has been albcated as a direcl ¢osl. Expenditure h85 been allocated be￿een funds and adMti'e5 on a relevant basis to the nalure of the undertyiThJ costs irt proports.on lo resources Used. 20 Re$lJl¢tsd fvnds The funds of the (*aiity r￿Ude reslricted fvnds held for speafic purposes: Mov•mènt In funds Incom• Exp•nditur• Transfevs Balanco at 1 Augusl 2023 Balance at 31 July 2024 Improvemen15 tor the benefft of the audience Building fund - cash Building fvnd - assets LCC Business D8Velopm￿l & Diversificab'on grant UKSPF Community O¥ilal Grant 39,266 68,326 43.471 39,266 77,4Sg 43.471 9.133 (741 32 9.804 151.169 18.937 (741 170,032 Movèmènt In funds 8alanc• at Inc(bme Expendltur• Transfers l August 2022 Balance at 31 July 2023 Improvemenls for the beneffl of the audience Building fvnd- ¢a$h Building fvnd- assels LCC Business Development 8 Diversth¢atk)n grant 39,266 61.372 43.471 39.266 68.326 43.471 (74) 106 144.289 151,169 Impfovements for the benefit of the audience - thts lund is reprnsented by fixed assets. and relates to a disabled attess a￿1 improvements to the box office and audrforium. Building fvnd - Ihis fvnd represents donab.ons spe¢rficaty gi*n lowards the c*)515 of t￿IldIng projects. Th+s is split betsveen amtrunl$ held as cash and assets. Docusvjn Enb*fope ID.. 8IY)A762C.BEcfh448MOI&EAWg)4CC5E THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 Restrf¢tod funds (Continued) Leicester Crty Councl Business D8vebpm￿t & DiverSi￿1￿)n wl- Ihi$ fvnd reP￿sentS amoLtnts received from Lèicester Cty Counol to develop or dNerwfy our cJJrrent operalit)ns and to enable safer working pra¢ti¢¢$. UKSPF Community DwJiial Grant - this fund reprèsents amounts recei¥ed from Leicester Cty Council to purchase IT equipment to improve volunleer$' experienc*. 21 Unrestrlcted fun The unrestrited lunds of the tharty indude generJ and desigwt•d fimds vlthich have b8en set aside oul ol unrestncted funds by the trustees for speufic purposes.. lknvement In funds In¢omÈ Expenditure Trafft$(Èrn B•l•nu ot 1 August 2023 Bal*ne• at 31 July 2024 Designated fvnds-. Building fund- cash 132.833 {3.6091 136,514 Gener81 fvnds 752.331 688.th8 1595,2131 846,074 885,164 696.246 (598,822) 982,588 lknem•nt in In¢om• EX￿ndItur• Trnnsfers Balanc• at 1 August 2022 Balance at 31 July 2023 Dèsi9nated funds.. Building fund- c¥sh 79.￿ 7.5n {4.6501 132,833 General funds 7(Kl.817 657.760 IS56.2461 (so,(￿> 752,331 780.723 665.337 1560.8961 885,164 Building lund- this fund represents amwnls s¢1 asth towards the ￿$18 of bulding projects. 22 Buildlng fund The cumulative arnount raised M the B￿rding fund net of expenditure incurred In¢￿ased tg £257,44412023- £244.6301 of £43,471 12023 £43.471) has been spent on planning. professional feès and 8r¢haeological investpation$. loaving 8 balar￿e ¢anied forward lo spend of £213,973 sph"1 between reslrided 8nd designated funds. D0cw￿n ETh¥th)pe ID.. &JL14762C-8ECtr448&B01&EA2AFUbJlCC5E THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 23 Analysi¥ of n•t o$sets between fund¥ Unr•stricted funds R•strict•d general d•sign•tèd funds 2024 2024 2024 Tolal 2024 Fund balances at 31 Juty 2024 a￿ represented by.. Tangible 8$$ets Current assetsllli&*ilrfJes) 5W,8 329,579 82,737 87,295 583.543 553,388 136.514 830.385 136.514 170,032 1,136.931 Unr•strkled funds R•strictod genwal de¥lgnat•d fvnds 2023 2023 2023 Totsl 2023 Fund balances al 31 July 2023 are rewesented by.. T¥ngible a$$ets Current asseW{liabilities) 534.613 217.718 82,812 68.357 617.425 418,908 132.833 752,331 132.833 151,169 1,036,333 24 Operating leaw commitin•nts At the reporting end date Ihe dkiity had outstwding commitrnents for lulure M￿lmuM lease payments ￿)der noTrcan¢elable optrating leases. which tsll due 8$ fdlows.. 2024 2023 thin one year BetsYe8n h¥0 and fve years 872 1.727 872 872 2.599 Lease payments lolalling £1.727 (2023.. £1.72n been recognised as an expense during the year. Er• ID". BIKIA762C.BEcD44B￿IIwWW1CcsE THE LEICESTER DRAMA SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024 25 Related party tr•n$4¢tions Remuneration tsl kty man•gern¥nt p•rsonn The remuneration of key management personnel is as folknws.. 2024 2023 Aggregate compensation 93,793 Transactlons T*lth rnlal•d ￿rtIeS During the year. expense5 were lo 1 12023 - 2) member of key manageff*nl personnel. J Bale. for costume e¥penses and script hire amounlin9 to £1,541 {2023- £2.2981. Expenses were paid to MJ Harding Scott. the daughter of Mf M Scott and Prof J H*thng. for yOLth theatre ¢ovor and printing of show photoyraphs amounting lo £Nil12023- £235). Expensès were paid to the husba￿1 of a fomw Tntst••. for swe carpenty and sel e0nslrl￿ti0n amounting to £Nil (2023- £3.7801. Expenses were paid lo the son of a former Truslee, for lighting materia15 affw)unting to £Nil 12023 - £69>. Addilionaly. he was paid £Nil12023- £7411 ft>r a$5iSting the crew with theatre ProductM￿S. 26 Control fyl¥tion•hlp The charity is under the joint control of the Iruslee$. 27 Cash genernteql Irom op•rnlions 2D24 1023 Surphjs for the year 100,598 111,321 Adjustments for.. Investment income Depreciation and iry¥irmenl of tangible r￿ed assets (17,248) 46,351 {13.933) 30.412 MoverT*nts in wothn9 caFilal.' Ilnueasel in stocks (Increaseyderyease in debtOf5 In￿asel{deCreaSe) in crethtors 11,4151 1843) 8,975 (2611 1,604 87,441 C•$h gén•rat•d from op•rntlons 136.418 216,584 28 Anatysis of changes In netfund5 During the year the Charita￿e company had no borrowngs or obhgation5 under finance leases. The changes in net lunds of the chanty therefore s￿ety ojmpnse ofcash and cash equNalents.