CHARITY REGISTRATION NUMBER 222587 COMPANY REGISTRATION NUMBER 00594927
**DILYS GUITE PLAYERS LIMITED (THE) CO!SOLIDATED ACCOU!TS**
**FOR THE YEAR E!DED 31 MAY 2024**
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **LEGAL A!D ADMI!ISTRATIVE I!FORMATIO!**
|**Trustees**|Ms Vivienne Mager (resigned 12 December 2023)|
|---|---|
||Mr Phillip Claxton|
||Ms Alison Glentworth|
||Ms Anne Herbert|
||Mr Kevin Jackson|
||Mr Damon Jackson-Waldock|
||Mr Harry Rowbotham|
||Ms Hannah Burgess|
|**Company number**|00594927|
|**Charity number**|222587|
|**Registered office**|The Lantern Theatre|
||Kenwood Park Road|
||Sheffield|
||South Yorkshire|
||S7 1NF|
|**Independent examiner**|Tom Wilcox|
||Counterculture Partnership LLP|
||Bank Chambers|
||Main Street|
||Hawes|
||North Yorkshire|
||DL8 3QL|
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **CO!TE!TS**
||**Page**|
|---|---|
|Trustees’ report (including Directors’ report)|1 – 6|
|Independent examiner’s report|7|
|Consolidated statement of financial activities|8|
|Statement of financial activities|9|
|Statement of financial position|10|
|Notes to the financial statements|12 – 19|
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) FOR THE YEAR E!DED 31 MAY 2023**
The Directors present their report and accounts for the year ended 31 May 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from 1 January 2016).
The Dilys Guite Players (DGP) began in 1946 and performed in Sheffield's Library Theatre. After the rescue of the then-derelict Chalet Theatre by Dilys Guite, a local drama school teacher, the building was renamed The Lantern Theatre. The Lantern Theatre is Sheffield's oldest surviving and only small Victorian theatre. It is a Grade II listed building. The Theatre's beautiful and intimate setting is the home of the DGP. Their members are encouraged to become involved in a variety of areas of production. These include acting, new writing, set design, set building, stage management, directing, technical (lighting and sound), publicity, props, front-ofhouse, bar work and all aspects of theatre art.
## **The DGP Mission Statement**
The DGP is a not-for-profit community theatre group which stages an energetic and diverse entertainment programme at The Lantern. The DGP aims to create, develop and nurture theatrical skills through the performance of productions. This includes collaborations and partnerships with like-minded groups to create a programme of the utmost quality, variety and greatest possible accessibility within a sound and sustainable financial framework.
## **Objectives and activities**
The Dilys Guite Players Charity and Limited company own the theatre. Their main objectives are to further dramatic art in all its forms and to educate young people in dramatic appreciation and study. Seven directors presently organise the company, one being a Company secretary, with the aim of devoting all of the company to its objectives as set out in the Memorandum of Association. Additionally, the charity and company aims are:
- To engender a Theatre that is welcoming, inclusive and open to all sections of the community.
- To enhance the Theatre's reputation, create and maintain a high profile, and become a vital component of the public and cultural life of the local community.
- To produce work that engages the Theatre's audiences and members.
- To offer opportunities to develop theatre and performance skills to both young people and adults, developing talent through new work and new ways of working.
- To unite with external parties to enhance and extend the quality and scope of our productions and other activities.
- To maintain and enhance the fabric and building of The Lantern Theatre through the efficient running and financial viability of the organisation.
- To maintain open and effective communication within the group by creating an environment where ideas can be discussed openly and democratically and with respect for all.
- 1 -
- To support and promote the theatre, securing its future through a members' volunteer programme.
## **Values**
The DGP aims to work with all members towards the achievement of an artistically exciting and financially sound organisation with an enthusiastic membership in a safe and healthy environment.
The DGP Board commits to providing effective leadership through:
- Setting and communicating a clear vision of the future of the DGP and Lantern Theatre
- Sharing information
- Encouraging feedback from its members
- Raising the profile of the DGP and the Lantern Theatre
## **Membership**
Our members are required to:
- Contribute to the Theatre's continuing success in practical ways
- Be flexible and responsive to the needs of the group
- Behave in a safe and responsible manner
- Act as ambassadors for the theatre
- Build an environment of trust, respect and cooperation in a friendly and welcoming environment
- Regularly review the needs of the group
- Take pride in the DGP and the Lantern Theatre
Membership is open to both paid DGP members and front-of-house volunteers (no membership fees). Paid membership applies to the creative element of the theatre and backstage opportunities. Auditions are workshop style, meaning no preparation is necessary. This encourages new actors to the stage along with experienced members and the casting decisions are made by directors and their assistants with support and approval by the DGP Board. This ensures we involve as many members as possible across various productions and experience levels.
The Directors have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Currently, the Charity has no employees and runs entirely on volunteers. We thank them for their continued support, expertise and dedication throughout the year.
## **Achievements and performance**
The year to 31 May 2024 has been one of significant growth and success for The Lantern. Audience numbers have risen steadily, with several sell-out shows for Dilys Guite Players (DGP) productions and external hires. The bar has also seen increased activity, with more attendees enjoying the facilities before and after performances, further boosting income and enhancing the overall theatre experience.
DGP productions have been received exceptionally well, with strong audience and critical feedback. A particular highlight was our Agatha Christie production, which sold out several weeks in advance, and our ever-popular Christmas show. The New Writing production also stood out, achieving an impressive 74% capacity—an exceptional result for a programme showcasing original and unknown work. Volunteer involvement has flourished, with new members joining to support front-of-house operations and others auditioning for productions. This has brought our paid membership to over 100. The Creative Team continues to push boundaries, acting as producers for DGP's diverse output. The individual show teams and directors bring a variety of styles to the stage while experimenting with creative technologies, such as the effective use of multiple projectors and lighting effects in our production of _Grimm Tales_ and the interesting use of film in _The Sculpture_ . Meanwhile, the front-of-house team has worked diligently to optimise bar pricing and operations, ensuring this area strongly supports the theatre's projects.
- 2 -
External hires remain a crucial part of The Lantern's operations, with a dramatic increase in hire requests this year. While we have accommodated a wide variety of events—including magic, music, comedy, filming, and school groups—we have also faced challenges in fulfilling every request due to scheduling constraints, the size of the venue, and the nature of some proposed activities. Additionally, the administrative requirements associated with hires remain substantial, limiting the volume of work our team can undertake. Despite these challenges, we successfully introduced a new type of daytime hire, hosting weekly drama classes that allowed students to engage with the arts in a professional theatre setting.
As we moved beyond previous challenges presented by the pandemic, the theatre's activities not only returned to a typical pace but also surpassed pre-pandemic levels in audience capacity. Over 31 unique events, complemented by 35 additional daytime hires, offered a diverse and engaging programme. Highlights include a mix of well-known plays, new works, and lesser-known gems from the DGP, a popular music programme, several weddings, and increased community involvement through local festivals and neighbourhood discounts.
This year has demonstrated The Lantern's resilience and creativity. We continue to engage with the community, foster a love for the arts, and evolve to meet the needs of our audiences and collaborators alike.
## **Financial review**
The directors aim to maintain adequate reserves to ensure that the theatre continues in the future.
Reserves are needed due to the seasonal nature of theatre in relation to ticket sales, periods of darkness when productions do not take place, in the event of hirers cancelling their shows and being able to finance future DGP productions given all the previous. The building is an important asset, requires maintenance, and may require extended periods of darkness to allow this to occur, where no income is generated. The directors keep a reserve of £20,000 and continue monitoring insurance costs and utility bills to ensure the venue receives the best services and prices from these providers.
The risks are reviewed regularly, and appropriate systems are in place to mitigate the effect of any significant risk.
## **Plans for the future**
This year has demonstrated The Lantern's resilience and creativity. We continue to engage with the community, foster a love for the arts, and evolve to meet the needs of our audiences and collaborators alike.
The Lantern's focus on maintaining and improving the theatre remains a priority, with several ongoing projects. While the theatre has experienced a strong year of growth, external companies and services necessary to progress certain projects have not yet returned to full capacity, which has delayed some of our plans. Nonetheless, we remain committed to the following objectives:
- **We are engaging with local University departments** to explore incorporating our work into educational project assignments, ensuring alignment with the venue's community ethos.
- **Approaching local groups** to open the venue for social interaction, further solidifying its role as a community hub.
- **Improving accessibility** , including installing a hearing loop system and enhancing the limited wheelchair space in the auditorium.
- **Creating additional rehearsal and workshop space** on site to support in-house and external creative endeavours.
In light of the significant increase in hire requests and the theatre's growing operational demands, the Dilys Guite Players (DGP) has begun discussing updating its Articles of Association. A key aspect of these discussions is reintroducing a provision allowing for service agreements with trustees, where necessary, to better manage the theatre's operations, as so many of the administration services provided by some individuals are outside of the role of a trustee. The Charities Commission permits the option to enter into such agreements
- 3 -
when explicitly provided for in the Articles, and this is part of their standard template for charities when they are created.
When the Articles were last updated in 2018, the option to enter into service agreements, including with trustees, was removed from the standard template, as it was deemed unnecessary for the charity's needs. However, with the theatre's significant growth over the past six years, it has become clear that retaining this provision would have been a more forward-thinking choice. We now aim to reintroduce this option to reflect the charity's current and future needs and ensure compliance with all regulatory requirements.
We intend to seek legal advice to determine the most effective way to implement these changes while safeguarding the charity's integrity and maintaining transparency. Updating the Articles will enable the charity to adapt to the increased administrative and operational requirements of running a thriving venue, ensuring continued success. The day-to-day administration of a venue of this size and activity level is immense and increasingly requires professional services to provide essential daily support. Running the venue can no longer be done solely by volunteers and ensuring the appropriate governance structures are in place is critical for sustaining the charity's growth.
We continue to hold restricted funds of £10,623, which includes a generous donation from the Nether Edge Community Group to improve and replace the roof. These funds remain allocated to this critical project but require additional grants or funding to cover the costs.
Donations to the DGP from our audiences—via online box office facilities and the collection box at the venue—also remain vital to supporting building maintenance, productions, and the theatre's overall operational costs.
The future of The Lantern and The Dilys Guite Players is centred on preserving and enhancing our historic venue by delivering high-quality productions and creative opportunities for the community. We are confident in the progress we will achieve in the coming year as service provision and funding opportunities continue to grow and as we ensure our governance aligns with the charity's growth, vision, and the standard practices now expected when running a modern charity. These modifications include revisiting provisions, such as the ability to pay trustees for services provided outside those of being a trustee, where necessary, to ensure we are fully equipped to meet the operational and administrative demands of the present day.
## **Structure, governance and management**
The company, a registered charity, was incorporated on 6 December 1957 under the Companies Act 1948 and is a company limited by guarantee and not having a share capital.
The Lantern Theatre was built for private use in 1893 and in the 1930s was unoccupied and falling into disrepair. In 1957 it was discovered by Dilys Guite, a local actress and drama teacher. Dilys set up an amateur theatrical group in the theatre after agreeing to a "peppercorn" rent with the then owner Mr Richardson. Mr Richardson was so impressed with the group’s efforts that he gave the theatre to them in memory of his wife. The theatre and its outbuildings are Grade 2 listed.
The members of the Directors who served during the year were:
Mr Kevin Jackson Miss Anne Herbert Mr Harry Rowbotham Ms Alison Glentworth Mr Phillip Claxton Mr Damon Jackson-Waldock Miss Hannah Burgess Ms Vivienne Mager (left the board of trustees December 2023)
The Charity may, by ordinary resolution, appoint any person willing to be a director. The directors may appoint any person willing to act as a director. The appointment of a director, whether by the Charity or by the
- 4 -
other directors, must not cause the number of directors to exceed any number fixed as the maximum number of directors.
Positions available on the board will be advertised, and candidates will be required to attend an interview with the charity/board of directors. The applications must be sent in writing to the current board. Following interviews with selected candidates, the board will appoint the successful candidate based on appropriate skills for the role.
None of the members of the Directors has any beneficial interest in the company.
The company is occupied in the same building as Lantern Theatre Limited, a company incorporated on 10 January 2012.
The trustees' report was approved by the Board of Directors
……………………………….
**Mr K M Jackson** Dated: ......................... **19 Feb 2025**
- 5 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF DILYS GUITE PLAYERS LIMITED (THE)**
## **FOR THE YEAR E!DED 31 MAY 2024**
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 May 2024.
## **Responsibilities and basis of report**
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tom Wilcox Counterculture Partnership LLP Bank Chambers Main Street Hawes North Yorkshire DL8 3QL
Dated: 19 February 2025
- 6 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **CO!SOLIDATED STATEME!T OF FI!A!CIAL ACTIVITIES I!CLUDI!G I!COME A!D EXPE!DITURE ACCOU!T FOR THE YEAR E!DED 31 MAY 2024**
|**Unrestricted**
**funds**
**!otes £**
**Income from:**
Donations
**2**
660
Charitable activities
**3**
60,473
Investment income
**4**
21,884
**Total income**
83,017
**Expenditure on:**
Charitable activities
**5**
53,075
**Total expenditure**
53,075
**!et income before transfers**
29,942
**Gross transfer between funds**
-
**!et movement in funds**
29,942
**Fund balances at 1 June 2023**
68,147
**Fund balances at 31 May 2024**
98,089|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
10,623
10,623|**Total**
**2024**
**£**
660
60,473
21,884
83,017
53,075
53,075
29,942
-
29,942
78,770
108,712|**Total**
**2023**
**£**
614
37,340
7,527
45,481
36,841
36,841
8,640
-
8,640
70,130
78,770|
|---|---|---|---|
||
|||
The statement of financial activities has been prepared on the basis that all operations are continuing operations. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 7 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **STATEME!T OF FI!A!CIAL ACTIVITIES I!CLUDI!G I!COME A!D EXPE!DITURE ACCOU!T FOR THE YEAR E!DED 31 MAY 2024**
|**Unrestricted**
**funds**
**!otes £**
**Income from:**
Donations
**2**
13,332
Charitable activities
**3**
35,985
Investment income
**4**
21,884
**Total income**
71,201
**Expenditure on:**
Charitable activities
**5**
40,751
**Total expenditure**
40,751
**!et income before transfers**
30,450
**Gross transfers between funds**
**-**
**!et movement in funds**
30,450
**Fund balances at 1 June 2023**
67,394
**Fund balances at 31 May 2024**
97,844|**Restricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
10,623
10,623|**Total**
**Total**
**2024**
**2023**
**£**
**£**
13,332
6,614
35,985
22,657
21,884
7,527
71,201
36,798
40,751
28,254
40,751
28,254
30,450
8,544
-
-
30,450
8,544
78,017
69,473
108,467
78,017|
|---|---|---|
||||
The statement of financial activities has been prepared on the basis that all operations are continuing operations. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 8 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **CO!SOLIDATED BALA!CE SHEET AS AT 31 MAY 2024**
|**!otes**
**Fixed assets**
Tangible assets
**7**
**Current assets**
Stock
Debtors
9
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
10
**!et current assets**
**Total assets less current liabilities**
**Income funds**
Restricted funds
11
Unrestricted funds
Non-charitable trading funds|**2024**
**£**
1,267
4,767
96,398
102,432
(3,308)
|
**£**
9,588
99,124
108,712
10,623
98,089
-
108,712|**2023**
**£**
2,234
185
70,709
73,128
(4,496)
|
**£**
10,138
68,632
78,770
10,623
68,147
-
78,770|
|---|---|---|---|---|
For the financial year 31 May 2024, the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The accounts were approved by the Trustees on **19 February 2025**
**Mr Kevin Jackson Trustee**
**Company number: 00594927**
- 9 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **BALA!CE SHEET AS AT 31 MAY 2024**
|**!otes**
**Fixed assets**
Tangible assets
**7**
**Current assets**
Debtors
9
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
10
**!et current assets**
**Total assets less current liabilities**
**Income funds**
Restricted funds
11
Unrestricted funds|**2024**
**£**
30,079
72,795
102,874
(2,894)
|
**£**
8,487
8,487
99,980
108,467
10,623
97,844
108,467|
|**2023**
**£**
21,468
54,603
76,071
(6,724)|
**£**
8,670
-
8,670
69,347
78,017
10,623
67,394
78,017|
|---|---|---|---|---|---|
|||||||
For the financial year ended 31 May 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The accounts were approved by the Trustees on **19 February 2025**
**Mr Kevin Jackson Trustee**
**Company number: 00594927**
- 10 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS FOR THE YEAR E!DED 31 MAY 2024**
## **1 Accounting policies**
## **1.1 Accounting convention**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
The accounts are prepared in sterling, which is the presentational currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
## **1.2 Going concern**
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
## **1.4 Incoming resources**
Grants are accounted for on a receivable basis.
Voluntary income is received by way of donations and gifts and is included in the Statement of Financial Activities when receivable except insofar as they are incapable of measurement.
Income from activities for generating funds represents amounts receivable for bar sales.
## **1.5 Resources expended**
Resources expended are recognised in the year in which they are incurred inclusive of irrecoverable VAT and are allocated to the headings in the Statement of Financial Activities based on their nature.
Costs of generating voluntary income includes expenditure relating to the raising of funds.
Expenditure relating to charitable activities includes all the costs relating to the delivery of its activities and services to its beneficiaries.
Support costs are overheads with the allocation of support salary costs and other administration costs.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
- 11 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS (CO!TI!UED) FOR THE YEAR E!DED 31 MAY 2024**
## **1 Accounting policies (continued)**
- **1.6 Tangible fixed assets and depreciation** Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Computer equipment 10% reducing balance. Land and buildings 10% reducing balance.
- 12 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS (CO!TI!UED) FOR THE YEAR E!DED 31 MAY 2024**
## **2 Donations**
|**Donations**||||
|---|---|---|---|
|||**Group and Charity**||
||**Unrestricted**|**Restricted Total**|Total|
||**funds**
|**funds**
**2024**|2023|
||**£**|**£**
**£**|**£**|
|Donations and grants|660|-
660|614|
## **3 Charitable activities**
|
Production Receipts
Bar Income
**4**
**Investment income**
Rental Income
Interest|**Group**
**Total**Total
**2024**2023
**£**£
35,985
22,657
24,488
14,683
60,473
37,340
**Group**
**Total**
Total
**2024**
2023
**£**
£
21,743
7,484
141
43
21,884
7,527|**Charity**
**Total**Total
**2024**2023
**£**£
35,985
22,657
-
-
35,985 22,657
**Charity**
**Total**
Total
**2024**2023
**£**£
21,743
7,484
141
43
21,884
7,527|
|---|---|---|
- 13 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS (CO!TI!UED) FOR THE YEAR E!DED 31 MAY 2024**
## **5 Charitable activities**
|
Cost of productions
Cost of bar
Support costs:
Finance
Premises
Depreciation
Insurance
Legal
IT
General admin
**Analysis by fund**
Unrestricted funds
Restricted funds|**Group & Charity**
**2024**
**2023**
**£ £**
-
-
10,325
6,853
1,765
1,771
22,492
15,012
1,310
1,453
4,248
3,649
1,710
1,613
3,515
2,655
7,709
3,837
53,075
36,841
53,075
36,841
-
-
53,075
36,841|
|---|---|
Finance costs includes payments to the independent examiner of £1,656 (2023: £1,656) for independent examination fees of the charity and consolidated group accounts.
## **6 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or expenses during the year (2023: £nil).
- 14 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS (CO!TI!UED) FOR THE YEAR E!DED 31 MAY 2024**
## **7 Tangible fixed assets**
|**Group**
**Land and**
**Computer**
**Buildings**
**equipment**
**£**
**£**
**Cost**
At 1 June 2023 25,561
43,211
Additions -759
**At 31 May 2024**25,561
43,970
**Depreciation**
At 1 June 2023 22,835
35,799
Charge for the year273
1,037
**At 31 May 2024**23,109
36,836
**!et book value**
**At 31 May 2024**2,452
7,134
At 31 May 20232,725
7,412
**Charity**
**Land and**
**Computer**
**Buildings**
**equipment**
**£**
**£**
**Cost**
At 1 June 2023 25,561
37,676
Additions - 759
**At 31 May 2024**25,561
38,435
**Depreciation**
At 1 June 2023 22,836
31,731
Charge for the year273
670
**At 31 May 2024**23,109
32,401
**!et book value**
**At 31 May 2024**2,452
6,034
At 31 May 20232,725
5,945|**Total**
**£**
68,772
759
69,531
58,634
1,310
59,944
9,588
10,138
**Total**
**£**
63,237
759
63,996
54,567
943
55,510
8,486
8,670|
|---|---|
- 15 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS (CO!TI!UED) FOR THE YEAR E!DED 31 MAY 2024**
## **8 Fixed assets investments**
The charitable company controls Lantern Theatre Ltd which is a UK company limited by guarantee. This subsidiary is included in these consolidated accounts.
## **9 Debtors**
|**9**
**Debtors**||||
|---|---|---|---|
|
Amounts owed by group undertakings
Other debtors
Accrued income and prepayments
Trade debtors|**Group**
**2024 2023**
**£ £**
-
-
-
-
145
185
4,621
-
4,766
185|
|**Charity**
**2024 2023**
**£**
**£**
12,640
12,640
-
-
145
185
4,622
-
17,407
12,825|
|||
||
## **10 Creditors: amounts falling due within one year**
|
Other creditors
Trade creditors
Accruals and deferred income|**Group**
**2024 2023**
**£ £**
273
273
965
2,153
2,070
2,070
3,308
4,496|**Charity**
**2024 2023**
**£**
**£**
273
273
965
2,152
1,656
1,656
2,894
4,081|**Charity**
**2024 2023**
**£**
**£**
273
273
965
2,152
1,656
1,656
2,894
4,081|
|---|---|---|---|
||||4,081|
- 16 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS (CO!TI!UED) FOR THE YEAR E!DED 31 MAY 2024**
## **11 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes.
|||**Group and Charity**||
|---|---|---|---|
|||**Movement in funds**||
||**Balance at**|**Incoming Resources Transfer**|**Balance at**|
||**1 June**|**resources expended between**|**31 May**|
||**2023**|**funds**|**2024**|
||**£**
|**£ £ £**|**£**|
|Roof Account|10,623|-
-
-|10,623|
||10,623|-
-
-|10,623|
## **Roof Account**
Is a fund held to contribute towards roof repairs and or replacement.
## **12 Analysis of net assets between funds**
|**Group**
**Unrestricted**
**Restricted**
**funds funds**
**£ £**
Fund balances at 31 May 2024 are
represented by:
Net assets
98,089
10,623
98,089
10,623|**Total**
**£**
108,712|
|---|---|
||
108,712|
- 17 -
## **DILYS GUITE PLAYERS LIMITED (THE)**
## **!OTES TO THE CO!SOLIDATED ACCOU!TS (CO!TI!UED) FOR THE YEAR E!DED 31 MAY 2024**
|**Charity**
**Unrestricted**
**Restricted**
**funds funds**
**£ £**
Fund balances at 31 May 2024 are
represented by:
Net assets
97,844
10,623
97,844
10,623|**Total**
**£**
108,467|
|---|---|
||108,467|
## **13 Related parties**
The charitable company has control of 100% of the assets and trade of Lantern Theatre Limited, a company limited by guarantee. The company has a bar with the aim of generating profits which it can donate to its parent (company number 07904582).
Details of the subsidiary company’s assets at 31st May 2024 and results for the year then ended are as follows:
|**Lantern**
Turnover
Cost of sales
Gross profit
Administrative expenses
Profit for the period
Tangible fixed assets
Stock
Cash at bank and in hand
Current (liabilities)
Net current (liabilities)
Net assets|**Theatre**
**Ltd**
**£**
24,488
(10,692)
13,796
(1,491)
12,305
1,101
1,267
23,603
25,971
(25,726)
245
245|
|---|---|
- 18 -