vtyistsation nurn￿r 235218
Cm>any w•gl•lr•llon nwthrOO801532 (England and Walm)
THE THEATRE ON THE STEPS LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

THE THEATRE ON THE STEPS LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Tru8t•e•
Mr l Reddilvwh
Mrs. C Reddiw
Mrs S Britton
K B*¢f
numb•r
235218
Conwany numb
1532
R•g18t•r•d offle•
S¢or)wway S
8ndgnorth
Slwshir•
United Kingdtyn
WV164BD
Ind•p•nd•nt •xamln•r
U{￿n Slreot
Vkst Mklland8
Unllod lfjn9dom
W41 3JE

THE THEATRE ON THE STEPS LIMITED
CONTENTS
Page
TnJsta¢8' report
Intyndent examinefs rewt
ststermnt of fmandal actP•it
Baknce sheot
Note# to tho financial st•twn￿1￿
6-15

THE THEATRE ON THE STEPS LIMITED
TRUSTEES. REPORT {INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 AUGUST 2024
Trust•e8 present th￿r annual report and final￿1 statements for the yèar anded 31 August 2024.
The 8c¢o¢Jnls have b••n prepartrd in a¢¢t)rdarKx *ith the a¢c(xmkn"ng polKi&s set ¢)ut in note 110 th• aceounls and
comply wllh the companls M¢moTanthJm and ArtKI85 ofA$80c48tk￿, the Companw Ad 2Cth and-A￿Ountpng and
Repo￿￿9 by Chwilie8.' Slat¥merrt ol Recommended Practica applicable lo ch9rlties preparing their aC￿UnIS in
accofdanc* with the Finantsal Rapothg Stsndard applKable in the UK and R•put* of Ireland IFRS 1021" 1•8
•mend•d for ac￿l￿ting period8 c¢mmencing from 1 January 2016)
obj•￿1¥•¥ and •clfvltl••
The companls ofy.ects *e lo promckn, enc£wrage w•ase the apprn(iat¥)n and und•rstandlrvJ of the arts
generaly and to encourag6 and 858isI in th8 advanc￿)*￿ of oducakn In that bel￿. Th advfty
nlinues lo b• the provi￿C￿ of slage perf0M￿l￿
The Tru8tses pald due regard to guldrni i8¥ued by th• Chaiity CommiBslon In dxfjthrvJ ￿ actlvltie8 Ihe
)mpany should und•rtako.
A¢hl•v•m•nt• and p•rfomb*nc•
The company contlnu8d to produc• a varwl ¢•lendoT ofwtisY¢ aTh1 ￿murAI porftymrn and knr th• publlc
benefit. and is Inm&ng th• numbw ofshm stag•d.
The tru8te•s have re￿¢Wed the of thw (*anty in ￿ne wlh lh• Clwlty Comm*8N)n W￿d￿C• and ￿nI￿rM
that Ihoy continue lo be for the public benefiL
Fln•ncW v•vl•w
The ￿MpanY ha8 a ful prokvammtr fry lh• y•w. mtsans that thg company r￿ainS In a strong
posilion.
The than(ao1 posttlon18 8•t out in Ihe stat•m￿l of FknancaolAdiwtth on p•ge 4.
ft18 the polty of the company Ihat unr•St￿￿ fund8 have not bgen **al•d lor a 8peok u8• SI￿ld b•
mainlaingll al a levd equlvalent lo befvmen three aThJ six month'8 eXp￿1￿￿re. The Trustees con$ld•r that resem8
ot thls lo￿1 Mll ensure that. in the event of a signikanl drop in knding, they wll bo abl8 tv continue Ihe ¢ompanY8
¢urrenl octmlies while con$ideratlM i¥ given to ways In tHhKh addlllonal fvnd8 may be rals•d. Th18 level of res8The8
hès been maintslnod IhfoughtyA ttre year.
The Tru8t8e8 have assessed th• major rfsk$ lo tht4ch tha c4mpany is exposod. and org sati&ftod that system8 ar•
pla￿ lo miligale e¥posur6 to the malof
Plam for fu￿rn p•riod•
The ¢ompany will continue to InrA?s• the Thmnber ol kn produ¢•d WKI make more us• of th• Theatr• during
woek *Yays wlM¢h Mll rgsLrtt in an wKreas• li I￿n0Ver, expandng kn Tolg 48 a Lxrnunty theatr•.
Slru¢ture. gov•rnanco and m*M9•m•nt
Thealrg on the Slep8 Llnwlod w88 80t up in 1964 and Is a dwiitablg o)mpany IlrThted by guarantee.
Th• ¢¢ryyany Is govem*J by it$ memornndum and ot¥¥soraaUon.
The TnJ8tse8 who 8¢D￿j dLKing the ￿aT￿Ore
Mr l Reddihough
MT8. C Rèddihou
Mrs S Britton
K Bakar

THE THEATRE ON THE STEPS UMITED
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
Trustees 8r8 recruited from n￿rnberS and fvi8nd$ of theatre and olher vdunt8ers and are n￿ninated by existing
m8mbers. Friends and VLlurrteers a￿ derte(J to the management Committee lo￿n￿l of management) al the AGM.
None of th8 Trus18es ha$ any ben&fKJ"al interesl in the tsxnpany. AN crf tho Trustees are m8mbers of the company
and guarant8È to contn'tyjte £5 in event ola ￿￿ling up.
The company is managed by a Management Brkgrd.
The TnJst¢e8' ieF¢rt was a
roved by Board of Tmstoes.
Mr l Ra¢dlhough
Dlr•ct
2 May 2025

THE THEATRE ON THE STEPS LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE THEATRE ON THE STEPS LIMwfED
I roport to tho Tnwta8s ￿ my •xaMina￿￿ of the frnanclal statemeth ofTh• ThBatr• on the Steps Limhed (the
¢Mipany) fc* the year ended 31 Augu$l 2024.
R••poMlbnttkn and b••l• of r•port
AS t1￿ Trustèes ol Ihe company land, whgre relevant. also its ditors for the pu￿￿$¢$ of conwany ltrw) you
are rosponsible for the weparalion of Ihe acto￿lS in acaxdanco wfth the roquiremerts (rf the Comp#ni88 Act
2CIX (the 2C(EAdl.
Having satiS￿d mysdf that Ihe1Snènwl Statements of Comp￿Y are rewred to be audSièd und•r Part
16 01 the 2006 Act and are 81igible for indeperthnt examinatlon, I report in rs$p8d of my ex8mlnation ol the
mpanls ffnandg18tatem¥ni3 carri•d oul undèr secllon 145 of the Chgrities Act 2011 (th• 2011 Act). In
rryin9 Qut my éxaminatksn I have fthlcA¥ad al th& applicabl• Direiah)ns gfvon by the Chonty Commisslon
und•f sertlm 145(51(bl of th• 2011 Acl.
Ind•ppnd•nt •urnln•rf¥ •tat•m*
&nce th6 company$ gross Incom¢ excèed•d £250,000 your examiner musl ba a member of a body listed In
Section 145 01 the 2011 Act. I confirm that l am quaif*d to undertak8 lh• examinalth be¢au6é 1 am a mèmber
of . whl¢h is one of th¢ listed tx)d*s.
I havè complel•d my ttxamlng￿￿. I confirm Ihat no matt•rs ha￿ com• to my attonlkm in wnrth wrth th•
examination givww m8 Cauw to belkn that kn any materfal respecl..
accounting re￿$ were rw)I kepl kn respect of th8 company as r•qukgd by ￿ 386 of the 2006 Act..
Qte flnan¢l•l stal8m•nts do not 8CCt)rd with th0￿ rec￿￿.. or
tho financkl slatemenls do not ￿mpty wrth th8 a￿1n11￿ rewirorrwts ol secllon 396 of the 2C¥lS Act
other than any requir•m•nt that the a￿ount8 give a true and fw'r vi•w whth 1$ not a matter con$lJ8red 0$
part of an independent examinalwJn'. or
the fin8nri￿ statèments have not been ￿￿Ted In acc4Kd8nco with th? mothod8 and ￿nrapI￿8 of the
Statement of Reojmmended Pr8ct6c8 for accounliry and r¢porting by charrtles ap￿le#bre lo ¢hari11o$
eparlng thelr aco)unts in aG(XJrdan￿ ¥Alh I￿ F￿ancIal Rep￿t￿Y4 StaThJard aFVIKab￿ In UK ar*J
Republfc of Ireland (FRS 1021.
I have M con￿MI and ¢¢*n• aw88 ￿ other mattern In cont)e(*on wilh Ihg oxamtnaJon lo whlch
Ottgnlitsn should be In thi$ feport in order to enabl• o kyoper understanding olth• finanaal $t8tsm•nls to
b• reathad.
Hglen Tinsloy, FCCA
Sl Da￿8 Court
Union Stwl
verhamplon
West Mldlands
l￿E
Unlted lQngdo
Dated". 8 May 2025

THE THEATRE ON THE STEPS LIMITED
STATEMENT OF FINANCIAL ACTivrriES
INCLUDING INCOME AND EXPENDITURE AccouKr
FOR THE YEAR ENDED 31 AUGUST2024
Unr•strlct•d
funds
2024
2023
Ineomg
Donations 8nd le9xle8
Bar sgles, Youlh Theatre and other mlscelanwJ8
m¢kel $ale•
558
64.251
186,458
625
51,Y)B
153.084
Totsl Incom•
251.285
205,817
Charltabh adtth$
257.737
223.507
N•t •xp•ndltur• lor th• ywrf
N•t mov•m•nt In fund•
(6,472)
117,890)
Fund balances at I Septthnbef 2023
1￿.238
184,126
Fund balancM at 31 Augu•t 2024
159,764
106,23fj
The statem•nl of flnand0l8¢tfvrti￿ Indudes al galns and ￿58•$ r•o>Jnl$ed in th• y•ar.
AJI ino)mè arwj èxpandlture dorfve from contrwlrwj acty¥ibM.
The $1gtemnt of finan¢ial actibltios compleg with thè rwuir•mwrts on Incorne and ￿PendIture account
d8r the Companies Act 20CO.

THE THEATRE ON THE STEPS UMITED
BALANCE SHEET
ASAT31AUGUST2024
2024
2023
Fixed ass•ts
Tangiblo assats
39,883
38.498
Curr•nt a%s•ts
StcKks
Deblcys
Cash at bank and in hand
11
12
1.142
7.152
121.045
1,017
4,941
141,CQ3
Cr•dttor•: amounts f•lllng du• wlthln
ono y•ar
129,339
146.961
13
19.4581
119,2231
N61 tsJrr8nl a8sets
119,881
127.738
Total a8Mt8 l•ss curr•nt1SablllU••
159,764
166,236
Incorno funds
Unr8Stricted funds
159,764
166.238
159,764
166.236
The Company Is e￿lled lo the èxemption from ts audrt requirgment C4)ntaIn￿l in 8OCtbn 477 of the Companles Act
2006. for the year end8d 31 August 2024.
Tha director aCk￿edge$ hls resPOn￿bIlity for ￿￿￿rir￿j thal the Charity keeps acC￿n10r￿j rec£Jrds which comply
th section 386 of the A¢1 and for preparing f￿ar￿￿ stslemenls which give a bue and falr vth ol the stale of
affairs of th8 company as al the ènd of the finanoal year and of its incomirg resources and ap￿ie8110n ol resources
including its Income Bnd expendftvffj, for tha finaroal year in accordance wilh the requirèments of Bectytsns 394 and
395 and which othe￿1£￿ c(Ynpty vhth the rnouiremonts of th$ C(¥npanios Ad 2c￿6 rel8ting to financial stolements.
so far as applicable to the company.
The members h8vg not rgquired the company to cthin an audll of its fMan￿al statements fty tha y•ar in question in
a￿ordanC8 section 476.
These flnancia $18tsments have been preparyl In ac&irdw with the provisKJn$ appfieafAe to ¢orwnies subject
lo the small companiès regim•.
The finan￿al stst8me.
"S Wore aFvov¥d by th¥ Trustaos on 2 May 2025
Mr l Reddihough
Trustee
Company registratlon number 00801532

THE THEATRE ON THE STEPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Accountlng poU¢bes
Ch•iity inforn
The Th8atr8 on tha Slgps Ltrywted is 8 prtvatè ￿￿panY limited by ￿1￿￿71•* Incorporat￿ In England and
Wales. The regIsle￿d office 15 ston￿ Steps. Bridgnorth, Shropshire, W16 4BD. United lfjngdom.
1.1 A¢¢t)untlng conv•nllon
The at£ounts havg betn prepared In attotdanc¢ wilh the compatys Mermrandum and Art￿8$ of
As$¢¢i8tion, the CoMpar￿eS Act 2tYA and "Ac￿n1thg and Rep￿big by CharTtie&.' Stat&monl of
Recommended Pr8¢*e ap￿4￿ble to clwlues prewrng their g¢¢aunls ￿ accu￿ar￿ w*h th• Flnanclal
Reporting Standard applrabl• in th& UK and Repubk of Ire￿nd IFRS 1021. (a$ amended for a¢countr¥
perlods commenow trom 1 2016>. The ¢Mipany is a Pubk Benefft Entity as dofined by FRS 102.
The rAynpany takon advantage of th• thsions n th• SORP for charlti6$ a[￿￿￿9 FRS 102 Upjate
Bulletin 1 not to prepare a Statemwrt of Cash Fluws.
The fin4ndd ¥latThnl8 are pryred kn 8terfir4J. whkh 18 tho funthl G￿r91￿ of cofflpony. Montstary
•mounl$ in fin•ndal 8tatem•nts We Towth to nearesl £.
The I[nancI￿ $latsmonts have been ptyred ￿der the historical (yxl con¥•nkn. Thg ￿n&Pa1 •coJunllng
poliaes adcpted are set oui belv*.
12 Golnq ¢onc•rn
Al th¢ Ilme of apprO￿￿j Ihe tlnandal statwn8nts, the Tw$lees have a r•¥tsonabl¢ gxpodalon Ih•t the
Company h¥s adequate r•sources to ¢￿tinUe in opergllon81 6x0sten￿ for the fornseeab￿ thJture. Thus th•
TrusteK c¢nlknue to adopt IM golng o)n¢•m b8818 of a¢x)YMt¥￿ in pyeparing th• fi￿nd81$1818rnent8.
1.3 Ch•rltabl• fund¥
Unreslrided ftmd8 •r• walablo at th• d8crthn of ts Truste•8 In fwth•r*nc• of thwr charilablg
objèctives.
e￿ donors $pedfy that Ilonationg and grants arfj for partIc￿lar r•strided P￿￿8, thi8 income 1$ c*edilod
lo Reslrlcted Fund8. Movem8nt8 on Restricted F￿d$ are shown in th• Statement ol Financ￿1 Aetb•lio8.
Endowment fundi are subiecl to spedfic ¢(￿rt￿￿s by donorn that ¢•ltsl mu$l b• rnllntalned by the
company.
1A Incomlng v•M¥uvc••
Inc¢Kne ￿ recognlsed when the trjmpany is legaly entiued to it aft•r any p8rfonnarth conditions havè be•n
mo( the amounis can ba ￿￿Osure￿ reh"aUy. and It18 probable that b• I￿¢14￿d.
Cash donations are recognised on receipt. Othw donakns are rocognised once th& ￿rnPany h88 been
no11fi￿ of tho d￿aknn, unb8ss perfOrMar￿ C4)ndths requirn deferral of the amount. Income tax
recoverable in r•la1￿ lo donation$ wKep40d under &ft Aid or d09ds of covènant 1$ re¢ognised at lime of
the donati￿.
Leg8cle8 are recognised on T•c8pt or OtheTh￿Se rf the cilmpany has tttn nollfied of an #Thpending
dlslribulion, Ihe am¢)unl is knwi. and re¢ew>l is expgcled. Ifthe amount is not kJw. the legacy 1$ treated i
a ¢onth"ngent as5•t.
Grant *)¢ome 18 induded In in(￿[rIng r?￿rets the thanty is I¥￿lY entrfl8d lo the income and, In
4CcOrd8n￿ wrfh Spr￿•Cable ac(¥)￿ti￿ stsrthrds. in the perbd in it is recehpd.

THE THEATRE ON THE STEPS UMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2024
AcGounfjng polkl
Iconllnuedl
1.0 Re8ouY¢M •xp•nd•d
Expenditur¢ is r•cognbed oncg the￿ 15 a ¥ c* constN(Ilve obtigalKJn to transfer economic benefrt to a
third p8ty. it is probANe that a ol eo)nomic benofits will te requ¥ed in sotyement, and the amunl of
tho oblr941ion can be mèasuT8d
Expenthture 1$ classffied by a¢It￿ty. Th• rn*t5 of oath a(*l￿ty are madg up of the total of direct costs and
shared costs, induding $upport costs involved in ur*dertaking eath actmty. Direct cosls athiblrtable lo a single
act1￿ are allvcaled dw•dly to that a¢*vty. Sharod cosls whkh contriPArte to morn than xtiwty and
support costs which are not attributable to a 8iNJ• 8CtMty ar• ¥pWiongd betr*eon thosè activrtie¥J on a basis
¢onslstent with Iho us* of resources. Cerrtr81 staff costs are alloeal•d on th• basi5 of tlmo sponl. and
dwerialw eharges We alk￿ted on the p￿On of the assor8 u￿.
Expenditur• is recognl8•d on an •cc¥tsg1s baw a8 a MaL* h Inpmd il da8sffled by Jdvlty.
Cost¥ of g•Mrnling fu￿$ cC¥npri￿ publw costs.
CharIts￿o èxpendllure tsjrnpriws IIKw c¢sl8 i￿u￿•d In tho d￿Very of advitth. rt I1￿1￿ both that
Cgn be •ttributgd dlf•¢ty lo and th08• c*)8t of ￿ nd¥•ct nattn n•¢essary lo Support I￿rn.
Managernenl and admiThstration D)sts genernl ¢Mrh8od expens9$ aThl fA)Bts aModat•d with megtlng
th* ¢onstslullonAI •rbd siatulory r•quw¢monts ol tho compqny.
1.6 Tanglbl• fix•d •M•ts
rang￿le fixed assat$ am Inluaty m•••md 81 CO8t subgewertty mèagwed •1 ¢OBI or valuth'on. n&1 of
depre¢latk*n and any Impaimwntlosses.
Land and bulUngs
Land and buikllng8- Irrt¢W￿ fèatures
Plonl and mathln•ry
Comput•rs
No depraLiat
10 years 8lrakJM
3 to 5 6traffjht Ilm
3 yews $trat9ht ￿nI
The gain or 10s6 arislng on Ihe digposat of an assot Is deternm￿j 8$ the diffeience be￿08￿ Ihe ulg
pro¢•eds and the carryr¥ vakn oflhe asset. and is rwnwd kn the s1¥tw￿ offMwrKi* 8(kn"l*s.
1.7 Imp•lrn*nt ol fix•d a*••t•
At each reporting end date, th• coffyny th• amounts ol Its lang￿& 088ets Its determlne
wheth•r there Is any indic8tknn that tIKJse assets have suffered an ¥npalrnenl 103s. If any such iThaication
xisl$, thè reCo￿rabl0 am04Mrt of Ihg asset ests"maknJ in to detsmiine th& ext￿ of the Impormenl
I￿9161 •nyl.
lj Stock•
Stoths are sl•led al the knvef of o)sl and eslImat￿ s•ffing 18ss costs to complete and sell. Cost
comprises direct materi* and. *thefe applkaN&, Igbour costs and those overheads th•1 have b8&n
Incurred In bringing the stocks to thelr pfesenl kral￿n and condifion. Ilems h81d for distribution ￿ no or
Nel realisable Val￿ is the esllmated sellng rrfke less •ll estimat￿ costs of Wnplet￿Jn and costs lo be
incurr¢d In market*W, 8eifing w)d di¥lribuUon.

THE THEATRE ON THE STEPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Accounllng pollcl4•
(Gonlinu•dl
1.9 Ca8h and equIva￿nI*
Cash and ca$h equNal8nts iicknle cash fin hand. d9po8tt9 he•J at ¢•1 wlth banks. other short.18rm liquid
investmgnts with original matur￿eS of three months or les5. and ovor(trafts. B￿k OVèTdraft$ grp shown
TArythin b￿ingS in current l￿billieS.
1.10 Flnan¢l*l InstnKn•n¢•
The company has ele&ed to appty the pYoNi8kJns of Seclion 11 'BaS￿ Fina￿la1 Irthnionts. and sec11c￿ 12
'¢)th•r Financial In$lrumants Issugs. ol FRS I￿ lo all ol fts financwl instrumen1$.
Flnandal instrument8 8r8 racww.sed In Ihe C￿npan￿8 balwKe sheet 7ts1 tho ts)ryiany b6￿M98 Pgrty to
the ojntractyal PmMBions of the thslrLxn•nL
Financio10$8ets liatslits"e• ar• off8¢t. wilh nel am0￿￿8 pruented in the fin•rthl $talem•nt8, wh8n
ther$ 58 a leg81ty enfOr￿tI& iitht to set off Ihe recognised amounts thwg kntent￿n to g•ttla on •
net bails or to T8alise tho as80t and s•tUe the ￿Abilty 8lmthn8ousty.
8•sk ffn•ftcl•l us•ts
Ba$lc financ481 assets. indude dobtm 4r#J cash bank balanc•8. are hwlkqly mea8ured •1
tran$8¢tion prr¢fj IndLhYing Iransaclknn costs 8nd arè Bubsequeth carrfod al amorttse¢J cost using tr
effecllvo Inl&resl method unless th• arrangeTh￿l ￿nSIllUleS a finandng transOL*on. where the transadion 1$
m&asured at the prèsent value of luture re¢eyts ¢th5count•d •t • mwkel fate of internsl. FInan￿al assets
das5ified a8 r•ewat4e wrthin one year arg not an￿)rtIsed.
B4slc trYn•n¢l*l Il•blllll•s
BasK finanaal li9￿14￿0$. 1ndL￿[n9 ¢redltors bank ar• Inib41ty recowlwd 4t trarw¢llon prfee unle88
the affangemenl ¢onslituteS o finanang transadlon, where the debt tnstrumtnl 18 rnea$ured 81 the presènt
valuè of thg fvture pa￿onI$ dis¢wnted al a market ralo ol tsknesi Finawal Ibabitib8$ cla$$thad as p8yatrAe
within one ￿er ar• not *nortAed.
Debt instrum•r)ts aro subsequofffly wl•d at ￿51, uBww the •ffethè ￿￿er*S1 rat• mètw.
Trada cr•ditors OTS obllgalKffi8 to p8y for gorth or S￿￿e# that be¢n aD]ulr8d n the ordlnary course of
op•rgtion$ from suppliers. Afflounts payabl& arg classif*d as ojrrenl llatx1￿eS rf ppymenl is du¢ wilhin on•
year or less. If not, they are pr•s*nted as norrturrenl liabilltb'&S. Trnde croditOTS are recogni$ed InKialty at
transadion prkg ¥rt18ubseq• me88ured al amoNsed cost usryi the effecti￿ intere51 m8ihod.
Finan¢lal liats1￿8$ are dere(>)gni8od when th8 r￿Mpa￿S cthclual ob￿gati￿S 8xptm or ar• dlscharoèd or
canedled.

THE THEATRE ON THE STEPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Domtlom and l•gacl•
UTrrwtrl¢l•d Unrtstrfctsd
fund•
2023
Donat*)ns
556
825

￿￿0v>
PI ¢D I¥
]'Ii-
$5 1"
cx
¢no Cacc CL￿ ltscll (f

THE THEATRE ON THE STEPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
Support G￿ts
Support Go
2023
Dowecialion
4.810
4.810
Indep•ndanl Examinars
fa8s
2.759
2.598
2,598
2.759
8.807
4.810
2,598
AndyMd betsveen
Charita￿¢ a¢Ybkns
2.759
8,807
4.810
2.598
7,408
Non8 of the Trust8e8 {or any per￿n$ C￿nected with thèm) r￿￿￿ed any rwnurnration (k￿n9 the yg•r, bul
$orM ol Ihom roc•iwd exp•nse r￿MbUr1￿￿ts.
Employm•
Th•r• w•re no ompbyÈ•s the yew.
Employm•nt Colts
2024
2023
Slafflng ¢osts
63,441
42,705
T*￿tIOn
The tharity Is exempt from tax on In￿￿K9 and gains f8llhN Mthin Se¢t￿ 505 of th8 Taxos Act 1986 or secoon
252 of the TaxatKJnof Chargèabk Gains Act 1932 to th• txtent th91 these are applied lo its chai110b￿ ot4ects.
12_

THE THEATRE ON THE STEPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (coMfiNUED)
FOR THE YEAR ENDED 31 AUGUST 2024
T•nglbl• ilx•d u•ets
Toial
Co•t
Al 1 Septtrnber 2023
Addrfion8
193.353
46,215
510
240,078
7,433
At 31 August 2024
193,353
510
247.511
D•pr•clallon and Inwlrn)•nt
Al 1 S8pt¥mber 2023
Deproaation ¢h4rggd in Ihe year
157,188
4.271
44,010
1,649
382
128
201,580
At 31 Augu&t 2024
161.459
45.659
510
207,828
C•rrylng amount
Al 31 August 2024
31.894
7,989
39,883
Al 31 Auwst 2023
36,185
2.205
128
38,498
10 Flnlnchl In•lyun
2024
2023
Canylng amount of fln•n¢l•l *M•ts
Dobl Instruments mwwed 81 anKrtl8•d c¥8t
122,236
141,639
•nylng amount olflnan¢l*l hblllll••
M•a$ured at afflorttsed
19,223
Flnanclal asgets mea8ur•d at 8Th￿￿11*d ￿51 consth of ca8h al bank and oth•r debtorn.
Flnancid lab11￿ m•gsured at amortlsed C(￿ cAyMts oftradg tredit￿. acauals arKI dèfèrred inc*)m•.
11 Sto¢k8
2024
2023
Finlshed gt&s and wods for re501•
1.142
1,017
13-

THE THEATRE ON THE STEPS LIMITED
NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
12 Deb
2024
Anmwnts 14lllng du• wllhln oh• y•ar.
2023
Olher debtors
Prepayments arKI acc1￿1 i￿oM8
1.191
5,961
636
4.305
7,152
4.941
13 Cr•dltorn: amounts falNn9 dts• *llhln ¢)nD y•ar
2024
2023
Tr8d• Cr￿[t￿5
Olher creditors
AeMIth and defeThgd irKome
1,864
3,334
1,746
14.504
2,973
19,223
14-

THE THEATRE ON THE STEPS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 31 AUGUST 2024
14 Op•raVng l•a8• ¢onwnftm•nts
Al the rgporting en¢J date the c¢￿Y had wtslandlng fcy fvlure minxnum lea8• payments
th)der noTrcanc•lknble oper4twig lease& fall due as folky￿..
2024
2023
thin ontr year
88lween two and fl¥e yews
627
134
426
252
781
678
1S R•l•t•d party tr•nMctloM
There wère no dwknabl• re1*0d p•ty tr8r*thns I￿ yw12023. nong).
15-