## **The Middlesbrough Little Theatre Limited** ## **Legal and Administrative Information** ## **Directors and Trustees** |Chairman|Mr J.A.Harrison|Mr J.A.Harrison| |---|---|---| |Hon.Secretary|Mrs C M Henderson|| |Elected members|Mrs M L Anderson, Mr.R.Burton,|| ||Mr N J S Holford (resigned 24th November 2022), Mrs C A Lee,|| ||Mrs C J McEwan, Mrs W Middleton (appointed 24th November 2022),|| ||Mrs C W Narey, Mr L.M.Sayers, Mr R Tunnicliffe,|| |**Directors**|Mr M.J.Crooks, Mr S Jones (appointed 24th November 2022)|| |**Company Number**|572515|| |**Charity Number**|222426|| |**Registered Office**||Toft House| |**and Principal**||The Avenue| |**Place of Business**||Middlesbrough| |||TS5 6SA| |**Bankers**||HSBC Bank plc| |||60 Albert Road| |||Middlesbrough| |||TS1 1RS| |**Accountants**||Jones Harper| |||Chartered Accountants| |||25 Roseberry Road| |||Billingham| |||TS23 2SD| |**Independent Examiner**||J.W.Hugill – Accountants| |||Room101 The Grange Business Centre| |||Belasis Avenue| |||Billingham| |||TS23 1LG| ## **The Middlesbrough Little Theatre Limited** ## **Report of the trustees for the year ending 30th June 2023** The trustees, who are also directors of the charity for the purposes of the Companies Act, present their Annual Report and the Financial Statements for the year ended 30th June 2023. ## **Objects of the Charity, Principal Activities and Organisation of Our Work** The charity is constituted as a company limited by guarantee and is therefore governed by a Memorandum and Articles of Association. The charity’s object and its principal activity continues to be that of promoting, maintaining, improving and advancing education and the performing arts - drama, dancing, singing and music. This involves young people, from the age of seven, as well as adults. The charity is organised so that the trustees, known as the Executive Committee, meet regularly to manage its affairs. The trustees have paid due regard to guidance on public benefit issued by the Charity Commission in deciding what activities the charity should undertake. ## **Structure, Governance and Management** The organisation is a charitable company limited by guarantee, incorporated on 5th October 1956 and registered as a charity on 24th September 1963. The company was established under a Memorandum of Association, which established the objects and powers of the Charitable Company and is governed under its Articles of Association. In the event of its being wound up, members are required to contribute an amount not exceeding one pound.. The Trustees for the purpose of charity law and under the company’s articles are elected onto the Executive Committee for a period of one or three years at the Annual General Meeting. ## **Developments, Activities and Achievements** The season began with a performance of _The Ladykillers_ by Graham Linehan in October 2022. The complex set was splendidly built by the MLT backstage team. The production was nominated for a National Operatic and Drama Association award for ‘Best Play’. The awards ceremony will be in October 2023. In March 2023 _The woman who cooked her husband_ by Debbie Issit was performed. This play was a directorial debut for one of our members. Another of our members will be directing for the first time next season. We are very pleased to have new directors. _The Hound of the Baskervilles_ followed in May 2023. This was a gloriously funny version of Sir Arthur Canon Doyle’s story by Steven Canny and John Nicholson. It was a very lively production with just three actors playing fourteen characters. Two of our actors were nominated for individual NODA awards. All plays attracted good audiences and made a profit. Sadly we were not able to go ahead with the planned production in the Studio at the end of the season. A variety show was put together entitled _Party Pieces._ This proved to be very popular and there were requests to make it an annual event. The company youth section, Middlesbrough Youth Theatre, has had another successful year. Since last June they have been busy with four performances. In November 2022 they performed _MYT Through the Years,_ a wonderful collection of songs from past MYT shows, staged in a concert setting. Following this the Year-10+ students had the opportunity to perform _Everybody’s Talking About Jamie,_ the smash hit musical that took the North East by storm. The production was nominated for a NODA Best Musical award and two cast members were nominated for individual awards. The older students put on a play _Spring Awakening_ in the Studio at the end of the season. The students themselves were involved in every aspect of the production. There were some very strong performances with lots of energy and tickets were sold out on the first and last nights. The group for the youngest members of MYT, Kidstage, were in the Middlesbrough Theatre in July 2023. This was their second time in the theatre. The very talented large cast performed a version of Disney’s _Aladdin._ All three nights sold out at the box office. Currently MYT has around a hundred members with a further hundred on a waiting list. The leaders are keen to take on more students, but lack of rehearsal space is preventing this. Our home, Toft House, has limited space so other venues have to be hired for rehearsals. ## **Future Developments** We will continue with our usual programme of four productions a year, one in our Studio theatre and three in Middlesbrough Theatre. _Go Back for Murder_ by Agatha Christie will be performed in October 2023. _The Thrill of Love_ by Amanda Whittington, _Time and Time Again_ by Alan Ayckbourn, _The Memory of Water_ by Shelagh Stephenson and _A Bunch of Amateurs_ by Ian Hislop and Nick Newman have been chosen for 2024. MYT are performing _Elf the musical_ by Chad Beguelin and Matthew Skylar in November 2023. In November 2022 Middlesbrough Council commissioned a full-scale survey of our premises. As a result of this a great deal of work has had to be carried out in the building – including installing fire doors and upgrading the alarm system. We can no longer keep our extensive wardrobe department in Toft House and have had to considerably reduce its size and find alternative accommodation for the remaining costumes. This situation will make difficulties in costuming our plays in the future and so will restrict our choice of plays. ## **Investments policy and returns** Under the Memorandum and Articles of Association, the charity has the power to make any investment which the trustees see fit. The trustees have considered the most appropriate policy for investing funds is in building society and bank accounts. ## **Reserves** The present level of funding is adequate to support the continuation of the productions in the theatre. It is the policy of the charity to maintain unrestricted funds at a level which equates to over twelve months expenditure, providing sufficient funds to cover management and administration. ## **Directors and Trustees** All trustees are also directors of the company and, currently, there are two other directors. ## **Risk management** The trustees actively review the major risks which the company faces on a regular basis and believe that maintaining reserves at current level, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational business risks faced by the Charity and confirm that they have established systems to mitigate the significant risks. ## **Statement of Trustees responsibilities** Company law requires the Trustees prepare financial statements for each financial year which give a true and fair view of the state of the financial activities of the Charity and its financial position at the end of that year. In preparing those financial statements, the Trustees are required to;- - Select suitable accounting policies and then apply them consistently - Make judgments and estimates that are reasonable and prudent - State whether the policies adopted are in accordance with the Companies act 2006 and with applicable accounting standards and statements of recommended practice subject to any material departures disclosed and explained in the financial statements - Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Charity will continue in operation The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Approval** This report was approved by the board of directors and trustees on 7th September 2023 and signed on its behalf The Middlesbrough L5tt1eTheatre Llmlted IndependÈnt Examiners's Report to the Executive Q>mmlttee of The Mlddlesbrou¥h LIt￿eTheatre Llmlted I report to the ExecutÈve Committee on my examlnation of the accounts of The Middlesbrough Little Theatre Limited for the year ended 30 June 2023 Responsibllltles and bè515 of report As the charity trustees and dtrectors of The Middlesbrough Ltttle Theatre Limited you are responsible for the preparation of the accounts in accordan¢e the requirements of the CharitiÈs Act 20111'the Art'l I report in respect of my exsmination of The Middlesbrough Little Theatre Limited's accounts carried out under Section 145 of the 2011 Act and in carrying out my examination I have followed all applicable dlrertions gtverb by the Charity Commlssion under sÈ¢rion 14515llbl of the Act. Independent examiner's statement I have completed my examination, I confimi that no material matters have come to my attention in connection with the examination giving MÈ cause to to believe that in any material respect: l. accounting records were not kept in respect of The Mtddlesbrough ￿ttle Theatre Limited as required by sect40n 130 of the Act.. or 2. the accounts do not accord with those records.. or 3. the accounts do not comply with the accounting requirements concerning thè forms and content of Jhe accounts set out in the Charities IAccounts and Reports) RegLElation5 2008 other than any requirement that the èccounts give a 'true and fair view. which is not a matter considered a5 part of an independent exam¢nation. I have no concerns and have come across no other matters in connèction with the examination to which attention should be drawn in this report in order to enablÈ a proper understandinE of the accounts to be reached. J.W. Hugill- Accountants Room 103 The Grange Business Centre, Belasis Avenue, Billingham. TS23 ILG. 11-Jan-24 **Middlesbrough Little Theatre Limited Statement of financial activities (incorporation an Income & Expenditure Account) for the year ended 30th June 2023** ## **INCOMING RESOURCES** ## **Incoming resources from generated funds** **----- Start of picture text -----**
Restricted Unrestricted 2023 2022
Note £ £ £ £
Voluntary income:
Members' subscriptions 35,923 35,923 29,225
Donations 1 0 1,004 1,004 0
Activities generating funds
Fundraising 2 2,493 2,493 1,823
Investment income 0
Bank interest received 563 563 0
Total 0 39,983 39,983 31,048
Incoming resources from charitable activities
Restricted Unrestricted 2023 2022
Note £ £ £ £
Production income
Adult Theatre 9,413 9,413 3,810
Youth Theatre 26,132 26,132 28,410
Other income 3 417 417 38
Total 0 35,962 35,962 32,258
TOTAL INCOMING RESOURCES 0 75,945 75,945 63,306
**----- End of picture text -----**
## **Middlesbrough Little Theatre Limited Statement of financial activities (incorporation an Income & Expenditure Account) for the year ended 30th June 2023** ## **RESOURCES EXPENDED** |Note|**Restricted**
**Unrestricted**
**2023**
**2022**| |---|---| ||**£**
**£**
**£**
**£**| |**_Charitable activities:_**|| |Cost ofproductions:-|| |Adult Theatre|8,446
8,446
6,877| |Youth Theatre|45,861
45,861
48,724| |Companyrunningcosts
4|25,192
25,192
11,423| ||0| |**_Governance costs_**|0| |Management and administration
5|2,064
2,064
2,446| ||| |**TOTAL RESOURCES EXPENDED**
**RESOURCES RECEIVED LESS**
**EXPENDED**
6
**FUNDS BROUGHT FORWARD**
**FUNDS CARRIED FORWARD**|| ||0
81,563
81,563
69,470| ||0
-5,618
-5,618
-6,164
12,217
158,914
171,131
177,795| ||12,217
153,296
165,513
171,631| **Middlesbrough Little Theatre Limited Balance Sheet as at 30th June 2023** |**Note**
**FIXED ASSETS**
Tangible fixed assets
7
**CURRENT ASSETS**
Debtors and prepayments
8
Cash at bank and in hand
**CURRENT LIABILITIES**
Creditors falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL NET ASSETS/LIABILITIES**
Represented by:-
Funds of the charity
Restricted funds
10
Unrestricted funds
10|**2023**
**£**
**£**
2,994
17,779
147,496
165,275
2,756
162,519
165,513
12,217
153,296
165,513|**2023**
**£**
**£**
2,994
17,779
147,496
165,275
2,756
162,519
165,513
12,217
153,296
165,513|**2022**
**£**
**£**
1,806
33,041
144,163
177,204
7,379
169,825
171,631
12,717
158,914
171,631|**2022**
**£**
**£**
1,806
33,041
144,163
177,204
7,379
169,825
171,631
12,717
158,914
171,631| |---|---|---|---|---| ||17,779
147,496||33,041
144,163|| ||165,275
2,756||177,204
7,379|| |||165,513||171,631| |||12,217
153,296||12,717
158,914| |||165,513||171,631| |1
DONATIONS
Lew Oliver
General donations
2
FUNDRAISING INCOME
Coffee mornings
MYT fundraising
3
OTHER INCOME
Others
4
COMPANY RUNNING COSTS
Rent
Rates and council tax
Heating & lighting
Insurance
Postage printing stationery
& advertising
Cleaning
General repairs
Sundries
Depreciation
5
MANAGEMENT & ADMIN.
Restricted spend
Accountancy &
bookkeeping|2023
2022
£
£
0
0
1,004
0| |---|---| ||878
213
1,615
1,610| ||2,493
1,823| ||417
38| ||417
38| ||625
625
1,455
724
4,578
1,315
866
499
1,011
1,607
5,469
3,728
9,674
1,566
1,193
961
321
398| ||25,192
11,423| ||0
2,064
2,018| 6 NET MOVEMENT IN FUNDS |This is stated after charging
7
TANGIBLE FIXED ASSETS
**Cost**
As at 1st July 2022
Additions
As at 30th June 2023
**Depreciation**
As at 1st July 2022
Charge for year
As at 30th June 2023
**Net book value**
8
DEBTORS
9
CREDITORS FALLING DUE
WITHIN ONE YEAR|Depreciation
Accountancy
Leasehold
improvements
17,421
-|2023
2022
321
398
2,064
2,446
Fixtures &
equipment
Total
17,203
34,624
1,508
1,508| |---|---|---| ||17,421|18,711
36,132| ||16,115
195|16,702
32,817
126
321| ||16,310|16,828
33,138| ||1,111|1,883
2,994| ||Prepayments
Other debtor
_Due after one year:-_
Loan to Theatre Club
Accruals and
creditors|2023
2022
£
£
0
0
0
11,623
16,828
21,418| |||16,828
33,041| |||2,756
7,379| |||2,756
7,379| 10 ANALYSIS OF ASSETS |Tangible fixed assets
Net other assets
11
STATEMENT OF
FUNDS
Unrestricted funds
Restricted funds:
Lew Oliver fund
Building fund
**TOTAL FUNDS**|Restricted, Lew
Oliver Fund
Restricted,
Building
Fund
Unrestricted
Total
£
£
£
£
2,994
2,994
4,262
7,955
150,302
162,519| |---|---| ||4,262
7,955
153,296
165,513| ||As at 1st July
2022
Income
Spend
As at 30th
June 2023
158,914
75,945
81,563
153,296| ||4,262
0
0
4,262
7,955
0
0
7,955| ||12,217
0
0
12,217| ||171,131
75,945
81,563
165,513|