EGISTERED COMPANY NUMOER.. 00815227'IEngland ond Walesl
11EGISTERED CPIARITY NUM8ER.. 253606
ANNUAL REPORI AND CON50LIDATED
FINANCIAI STAIEMENT5
FOR THE YEAII ÈNDED 31 MARCH 2024
FOR
5CARBOROVGH niEATRE TRUST UMITED
TRADING AS srÈpHtN J05tPH THEATRE
'*DIFUWK*
21112r2024
¢(*APANIES HOUSE
A31
#13)

SCAR8OROUGN THEATRE TRUST UMITED
TRADING AS STEPYEN IOSEPK IHEAIRE
CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENT5
For the Yeur fnded 31 March 2024
Poge
rieport ol the Tru5tèe5"
Report ol Ihe Independenl Audlor5
Consotldoted Sl(Ilemenl'of Financiol Aciivmi
.10
ton501idiited 6(¥lonce Sheel
Consolidaled eash Fiow51olemenl
Noles lo the conso￿da1ed C05h" Flow Slolement
13.
N¢)t05 to thèCon501idated Finon¢iol Stotements
14 Tti 27

SCARBOItOLIGM THEATRE TRUST LIIAlfeD
TRADING AS STEPHEN JOSEPH TKEATRE
REPORT OF THE TRiISTEES
For the Yeoi Ended 31 Moieh 2024
7he livslees who ore d50 ¢irecl¢ys QI Ihechorijty for Ihe pvrpose5 ortFE Comoonie5 Act 2CK)6. k¥esent their rerjort
wilh tha fin0nc￿l slolements of Ihe chority fcr veor erKled 31 Mtych 2)24. Iruslees hove odopted Ihe
provisions ol Accounling ond R?portiry by C￿lIeS.. 5Toterient of Pec<*nmende<J Proctice opdictsue 10
ch¢yities preporing their ￿Count$ in ocnordcye with the Anonciol Reporting Stor¥Jord opp￿0￿* in the UK
ar￿1 Republt Of Irelond IFRS I￿21 leffeclive i January ￿191.
OBJECIIVES AND ACTivinES
lsion
Thss is your5.
Mlssicn
We ol fhe sJr believe Ihal cultwe provokes interesl ond i¥es t￿¥¥no9¥￿IK)ns." t￿1 shoriffj our experience5
ond ovr Stories helps bvil¢Y cornmvrilies oncl Ihot cdlaLK)rolw)n buiTrJ5 0 ccrfnp0s￿orfJ1e ond enooge¢ soc￿ty.
Our rok% 15 to give everyofE the to £*"scover and celèlyole Iher clealiwty.
object￿e$
We will inspwe onij enlertain Ihrough o ￿3￿-0￿0￿lY prownme of work ond tel 510Des wP¥¢h reflèct thè
diverse live5 01 OLK comrnurylies.
We will ploy an inlegol ciwic rde n our lown oThY our cwnty
We will invesl in ¢)ur 51olf. 0rt15ts ortl cornmurlll*s. supwthng them ond <Sèvelwry locol
Sk￿5. *no¥￿ed9e ond espwoI?oTr.
We w￿1 cvltivole <Jn orgCTrScl￿n-V•Ide Ou￿nCe er¥ogement l(KU5. deveh)i>ro febiK)rtsh￿)5. loyalty,
5UDPOrt ond 0 5erse of Oeiowiro.
We adopt o socio*y oThY elf¥coty resportsbi le OWOOCh ocr055 dl ¢J5k*Ct5 ofour operol#)n tyKI
mininise the impocl we hove on lh8 envirorkmeni.
We will think comme￿10￿ CMXS wtst h￿s$ry ¢>Jr eypertise lo c¢Sloboiole ond innovole.
Publlc bènelil
AS o chorily. ond with regord to Chority Commission gtiuonce. iwuslee5 ECOOrri5e the Trust's duty fo Cofry
out 115 operation5 lor the benefil of the public. In podicvkK Ihe twstee5 con%¢er I￿1 the ol Ihe Tw5t in the
la51 yeor I￿5 odvonced the art5. cUll￿e oThY ￿ntage of B(XO￿jh o15corborcxJgh oThY ¢ls regKJn lor the
benefil ol o brood ovdence.
ACHIEVEMENT AND PERFORMANCE
cl￿rI1ab1e odivitie5
2023124 bLriI'. on posilive trend Ihol hocs storled in the Fxe*ic4Js veor. wlh tthh oudiences and box oflice
reaching Iheir hiohesl levels Yèl. Wrfhin ihe ￿0¢L￿ed rwrcThme weie five new cimmissws. cementing tyJr
repvlation a5 one ol the UK'S leodng new wrrling theolie5. wTri61 our progronme ol vi51ting work ond
$1gnilicantty exceecsed loigels os wem 0$ diveisifywo our¢ud￿nCe thro￿3￿ o rorge ot ortForms 510ies.
Our woth 10 5UPPOrt our courril'5 effort15 10 exleno ScotborovJh's lowist 5eoson beytsnd Ihe summer mont
culminaled in u5 Cf>mmi5siorriro ¢n odo?tolion of Coffledy OA EffiK5 Imore ￿ le5s1 ron ocr055 Ihe Eoster
hoS(Joys. 7he produc1￿n ¢wickty become oui besl-selirg Show ol tINs time ol yèor. demonslFOtiw o tèol
appekn'le fc¥ Ihi5 kind ot W(Nk ond launchir￿ o rEw 5troro p(NIne￿￿p with Shokespeore North Ployhov5e.
Ihe lolEsl of Ihe ITrI￿￿C￿jn￿ theolre5 in UL
Overlhe yjmmer. we look Ihè deC￿￿n to remolnt ouriighty SL￿CeSsf￿ show The395lep5. ¥thchwos scmettliro
we hod not preV￿v* ofrlempted OLrt&de Ihe Ayckbovin repertowe_ we fell thot rnt-line sole5 ond oudience
leedback mèrited the otlempl crKI were txoved ryJht 05 the prodvction be-ame our b&s1-ever selling p*ece of
Populor Excellence. ochiemng 148% of it5 OLMYierce lorgel orKJ 143% 01 ils finonci¢Y loiget. Olher product￿$ in
Ihe year I￿￿ded Alcjn Ayckbourn's Conslgnl Cofflponions." a w c¢ynrnts&on [￿rTI fw5t.line writer
Ger¢ghfy. These Maje51r CreolLKe5. 0 I￿￿ee-w￿ c(>P{￿1￿cl1Cn With 8dlon Oclogon orKI Ttsolre by the Loke
in Keswick of &k)nde Paynbshets ol 19rf3 0￿¥ Iwo CIyi51mos shows.
Pc>ae I

SCARUOROUGH THEATRE TRUST LIMITED
FRADING AS STEPHEN JOSEPH THEATRE
REPORT OF YHE IRUSTEES
For Ihe Year Er¢ded 31 Morch 2024
the Second holl ot the yeor. we were delighled to see out progi(Thme of wcmk recogni4ed in the UK Theolre
Aworcjs lo notiond ncjustry (Jwcrcll prc(ILftwM of Comety ol Efftys lfft(xe ¢¥J25sI wa5 nominolèd lor Btrst
Remvol. whilst one ol the cost member5 v Ihe Ayckboth) rmece Albln) WC¥I 8esl AcI(y C￿C￿￿.
Overoll. tre Eyouromme on int￿05e of over Cl 31.COJ of box office incw* from ow p￿￿0V$ tmghest
Ye(¥120191201 tsnd on ircre05e of over f503.(KX) Ir(yn 2{Y221￿.
OutSiLY* the progiornme of on ovr sloges. wr txggest locus been on the reptocement ol-ovr a
ndling unrts on(S roof. In5tdled neuty 30 yeors ogo 05 Port ol Ihe {￿gin01 relurbi5hment ol tr￿ theotre. Ihese
ve rK)w reocF*d end-014te. A fundroi%ry comr)opJn securely tre mqority of the £l.IM reede¢ to clelver
Ihe fyst. ond m05t crihcol. phose of Ihese wotks. wilh the finol gont5 ￿ FJ(Ke by the fitsl holl 012024125.. the
woth5 will now be comDlele¢ before end o12024A25. However. wider proiecl. inclvoln9 0 refvrbishmenl
of Ihe hAcCorthy au¢Ji1￿Urn ono S￿￿[￿0n1 ¥nprovemenls lo it5 occessibilty. remaw5 a plltsiity and 15 like￿ lo
rermin 50 in Ihe comirg yeors.
2023124 Saw ￿vestment beiro made in sfov le(>m. n recognilion of the wrportonce these indivi¢Ywfs ploy
in the defivery ofourwsion orQ busi￿55 model. in poltculor gweAthe strong positionlV* theolre hos estobk"sfed.
p05t-pon(jem￿ A de101￿d poy on¢Y slof* STfvciure rewew WQS c(Jrried oul whch enaued us to oddre55 0
number of hi%loiic or)omolies on¢Y to creofe o miye tiorw@nl pertomonce monogement oré ￿Word sy51em.
Al¢)r¥J5ide Ihi5. we invested in compory wde Irornng 5cheme5. Mlh o focus on 5UPPOrting a Strong
tY9ontsolioriol culture. onc5 we hove contin￿￿ lo consult ￿ ond devebp our wicler plon5 in coll0b￿ali0n wilh
ovr stofl. We fove cd50 creoted o rKmbei Oi. troiruro ol enlry level ond one for on emwging
ortis1￿ director - ond we hope to be oble lo contirnje to proviLfe Ihe5e kirKts ol opp￿Un￿ieS within otK
commuTrlies in Ihe future.
The c￿)r DI Ihe B￿{d of Tnolees. Hthlen Booden. ￿ached e￿1 of I￿r tewe cjurirg 2￿23/24. G¢ven Ihe
incieosing reqviremenis of the fo￿ and Ihe profi￿ or the theotre, the Boord ogreed to emDloy on industry
corbullanl lo lèod recwilmènl process ond lo ensvre besl lil. 5eorch helped to cl(xify Ihol industry
exoertise wos e￿[emelY importcnl. given the Cr￿￿￿n9*S beirg Foced by Iheohe5 ocross covntry. orKS we
weie extremely fortun(Jke thol Sorah N￿￿Oknn - ho<J previousty heid senior rde5 01 OrorYJtr Tree
7heolre. ￿hMond. the Young Vic. 5heffie4d Theolre5 Ihe Dormor Worehovse omorost olhers- occepled
Ihe s)tssition. She 055ume(J Ihe role of Chow in Wuch. ot the kjst Board meetry of 2023124.
The new unilory aulh￿Tty. NLYth Yorkslire Ccuncd. come into emect ot Ihe stixt o13)23124. folowiffj o peilod ol
Locol Govemment ReorgopisotM)n Ihol scw 5cort)(KOLgh 8(￿ugh Covrril. olon9 With 9X Other covncls. bein9
mergecl into the larger orgorisolK)n. Ihis reoigorMsolx)n ineMtoW creoted a degiee of wcertointy. wilh
epartmenlol restrvclutes Still not ccxrDleted by Ihe etKI of Ihe yeor.. concems dso remoin oknt the theolre's
Ivlvre signiff¢cnce wlhin CJ much wdei geogrophcol tyeo'.hon f￿￿ previous￿ beeri Ihe cose. However. the
org0Th50tion 0150 poved the way fcr o dev(Mulion deal beTween Nortt) Yolkslire ond York. opering up
signiticons opporturriies for the region with the fi￿1 Moyor electe¢ in MUY 2024. The theotre hos dreo¢Yy buill
str¢JThJ ielotion4N?s IIE Cour￿￿. supported by ils involvemenl in o nwnber of key ir)ithoiives 5UCh OS lh&
r4oflh YO￿S￿￿re Cullvfol stro1￿Y. North Yothsfmre DeslimtKJn Momgemenl Plon cmd Ihe Lory Term Plon for
lown5. ond 15 Optim￿lIC ijbovt u knruer-leim partnw5hp beirvJ lorg8d.
Oui donors ona members continvee lo be fftcredw 9enerous to V5 ltsovghoul Ihe ye¢y orKJ witr their hewwe
We￿ Ob￿ to exceed ovrurre5iDCied lunctrooirKJ lorgel. This I*￿ery v5 to incre05e owinveslmenl ￿ our critic
ccylol tundroi%irYJ compoon 05 well 0$ C￿OI￿)n of on AssOC￿le Dwec1or posl.
We femcin groteful lo ¢)ur two stOi¢Jlory funders - Arts CovrKil Erofond ond N¢)th Yc*k5hire Cowol . for their
ongoing svDpcKt ot ltre eompony. Art5 C￿￿11 remoirs in plcre unlil ol leost 2025126. with on eXter￿lon
into ￿2612? offe￿￿ ot Iho very slortoi new finoncK31 ye¢J. North Yotksfyfe fvndng wil finish al thè end 012024125
bui we cye hopelvl Ihol Ihe vcaue ihe theotre lyirwjs lo Ihe region 0￿J its ecC4￿1C impoct in the town wil
ensure ongcNng support fr¢vn The e(MJncl.
FINANCIAL REVJEW
The Iru51 mode o Sur￿U$ Ity veor ¢)n vNestKled t￿￿$ of tr98.264 IlJ23 deficil 52.4491. incluthg £5.944 of
èxpendilure allocated ogixnst the voiycw5 designoled funds. Dvrirg yeor. a desigroted Copital Proiecl
luné lolollirvJ £200.000 wos creote¢. Thè ckJs¥)g unreslricl&d reservès were £775.99612023 £677.7321 ond ttstol
resetve5 £1.250.53712ff23 £1.126.5851.

SCARBOROUGH THEATRE TRUST LIMrrED
TRADING AS STEPHEN JOSEPH IHEATRE
REPORI OF VHE TRVSTEES
For Ihe Yeor Ended 31 ftknrch 21Y24
Prlncipcjl ILindng source$
The Trusl's tunrfir¥J for its cforilotrAe operotior6 conliwed lo b& kNwYorty through ACÉ ond North yO￿sh¥e
Council. kk)wever. lunding lo ern0￿￿ speeft orfistic ￿0jectS Tr￿$ btsen ￿CeNed trom o number ot indiwduol
don0￿ ond locol buwe55es'. f￿. lagetherwth o ￿ffltser of one-off legacies Il* contirxjed supF¥J1 of our
regLdc¥ (Jonor5 011 conlnbuled to Ihe TnJ51's firwJrr.'cl v¢knlity.
Inveslment po4i¢y ond objective5
Undèr the M&m(xondvrn ond Art￿￿S Oi Associolion. the charity hos the power lo invest in Wtsy the trusteès
wish.
The Tru51ees look lo mointon on upwopr￿fe ￿Ve1 ol #i cosh b￿arreS for the operoting reqLKrements
ol Ihe Chority. FfJids in excess ol Ihose reqLAred for Ihe Chcmity's sfK)rt-term operoling reoLriremenl ore invested,
on c￿r behali. by CCLA. The lunds monaged by CCLA ore held separate p(ytfd￿s wilh cfilierenl
investment ciilerio. 8tsth podfol￿5 ote regorL4ecl 0$ coutiovs ond om ol pTovKJing growth for the Chority's
inveslmenl. Invè51menl occowt deCfj￿ns wl mode by Ihe Brmyd tXJ5ed ￿ o ￿cOMfDendQtI0rn from th8
Choir ond Ihe ChLY¢ ol the Finonce Tosk Group.
Reserves policy
The frrvstees exomined Ihe [eqLKe￿￿ts rese￿e5 IvJhl Ot the m<yn risks lo the Cl￿rity. Svffjcienl
Secured ￿ndIng Is in p1oce to ensvre I￿1 IIE Iheotre 15 able to cOntir￿ to operate (JThJ be eryoyed ¥y it5
510keho1￿￿. 11 ￿ Ire t)06cy ol Scorb(xotoh I￿0$[e Trvs'i lo hokl re52￿e5 eqtjbvalen? to 3-6 monlh5 opeioling
Costs. At 31 Morch 2024 free @serves weie P132.72312m ar 72.7111.
FUTURE PIANS
AS previovsty stalèd. the Iru51's portiCLkn locus over the comrg yeors ts ￿ ils CO￿1¢￿ proieci- Ihe rerjkjcement
of ils end-of-life cwr hon(JSng urN15 on(J flol roof. together with o ILII reflrftsshmenl of the Mccorthy ouditorium
whrh will sigrNlrortlly imorove ils cccessR)17tly. fvndng lor Ihe fff51 ph75e wos secLKed in 2024125 with worts 10
be corried ovt ot Ihe ene ol thol fimrLicI yety IkKJt wl secwe It* operolion ofthe tIEotFe." however. sigriliconl
sums still remoin to be rased to coMp￿te the wcxks.ll s expected tl)ol Ihs project wfjl continue For the nexl 3-
S yeots.
More broodty. Ihe Twsl's pokcy conlinues lo be ¢yp of montonrYJ ￿an¢￿)I Mobilify olorvJ5ide its 51r¢ng otlisli
Vision. Alongsioe these meosures. 0 9tudenl opprooch conliThJe lo be odopted lowords bvdgeliro oncj
sellry iK(yne large15 for the orr4Jcd p￿ruMme or work. omhough Ihe Ttuslee5 howe been delighted to see
5trorE growth in oudiences in the earfy holf ot X)23124. It ts I￿)Ped t￿1 tris growth wl ccntinue. en5ur¥Y4 Ih)t
the Iheotre con conlnue lo creobe hign-ovdity woth witrmn ils fin0ncl￿ p￿ome1e￿.
STRUCIURE, GOVERNANCE AND MANAGEMENT
Governing docvmènl
Scorborough Tneatre Trust Luntled is o ctsnpony fmilecl by g¢Jorontee govemeo by its Memoronclum oncl
Arttles of A550ciolion daled I l Augu51 196a cnd omerKSed lo oHty¥ cwrenl gov8rnonce arr1x￿MenI5 on
29 August 2(M)7. M is regislerecj 0$ o chorily with Ihe Chorily CommNx)n.
Appointment of new Iru￿ees
A5 set oul in Ihe Articles of Assocolon the of Injslees i% n￿￿K}led by the Boord. North York5hwe Covnty
Council norn1r￿leS one trustee. Al m¢mber5 ore cKcU￿1e￿W1I1WiVI1QtIonS lo rvninate trrustees priorto Ihe AGM
odvi5in9 them ol ihe reliriro tnJsiee5 ¢eoue51irg nomi￿110n5 for Ihe AGld. wf*n considefing Irustees. Ihe
8oord h05 regord lo the ieoviremenl for orry specÈcl$l skflb needed.
Orgunlsation
The board of tiuslee5 0dm1rys1e￿ the choitiy. The tx)c¥d meels ¢w￿e￿ ond there svb<orMiillee covering
finonce w*h meets qvortety. The boord es10b￿Sh￿d o rnmirKJIK>ns comrnittee responsible tor CÈvelopW￿ the
Sk￿ts on¢Y diversily of ttr* trusiee fflembe151ip orKJ fly pknnrry iecrtitment orKJ svccessiorTr pkynnirrfJ.
Pogp 3

'SCARBOROUGH 7HEATRE TRIJST LIMITED
TRADING AS STEPHEN JOSEPK THEATRE
REPORT OF THE TRUSTEES
For the YerFW Ended 31 Mtsr¢h 2024
rwstee induction and training
New Irustee5 Linclergo Irtyr*ig to brte'i Ihem on Ihew obl￿agI10nS under ch￿ty ond C￿PanY kn4. the
content ol the MemryorKJum orKI Adcle5 of A550ciOli(￿. the c(Knmillee on¢ decisKJn mokiw processes. I
buyness ￿an and recerit finortiol pertomonce oi Ihe choity. Trv51ees ore aclwely e￿OLy09ed tg allerKI
oppropriote &xtemol troiniro evenT5 whece IrÉ5e ￿ tocilitote the undgrtcking of the￿r01￿. In addititsn. specilic
Ihealfe finorKe IrixrwrvJ 15 gven lo those joirung the Fiwre 5ul>ccYM)ittee.
Key munogemenl iemunerotion
Ihe trustees co￿1der t￿1 the boorfj with the setx¥ monogement Tecm Com￿5& key momgemenl
ersonnei ol Ihe chorily ond rye In chu9e ol (breclw conlrcifvJ. nJMing ond opefolry the Trust on o
dcry lo doy ba￿$. Al the tTuslees give Ihew l¥ne freetyond rone ore remuneroteu. DètoQs of expenses re¥nbutsed
durirYJ yeor rye shownin the note5 lo Ihe occoun15. The poy ofsenicy staff s reTrAewed onnuomy orLI rK)rmol
ir￿re￿ed in occordance wlh avero9e eoiryrKJs. In vew of 1he notLKe of the chority. Ihe tnthtee5 benchmork
ogoin5t poy levels in other gmlor orgoni50ton5 in Ihe Ntsrth of ENJkyKI lo er6ure thoi the ￿mUneration s loir
ond not oul ol firÉ wth thol gènerally POKJ for s¥y)iknr rcles.
Risk mpnogemenl
Thettru5tees hove o risk monogenient 51rotegy whrh comtYse5:
o quortety review of th8 ri5k5 the chority ￿￿)Y foce. betier foc*toled by o lony￿liSed risk iegister whth i
uposoled regulcxty..
the estobSshment of sy51em5 0r¥j pfoceOu¥es to nNtigote Ihose risks iclenlified in the register".
the imyèrnenlclion of proeeduies designed to mNnise ony potentiol Knpoct on Ihe chority s￿)￿d th05¢
risks moteriolse.
Hisloricolty. Portr￿01 otienlion h05 focu*d on norFknCl￿ risks Iw<)m file. heullh sofelv ol arti515
on(S audience. monogement ol perfoimiro fighls tood h¥g￿rE. A key ￿ement in the mcnogement.of
Inonciol risk is the eslobk5hment of reserve5 ond the ¥egulor ￿vIeW of a restsrve5 ￿￿¢v.bY Irustees.
PcyJe 4

SCARBOROUGH IHEATRE TRUST UMIIED
TRADING AS STEPHEN JOSEPH THEATRE
REPORT OF Trlt TRUSTEES
Fow Ihe YeuE EndÈd 31 Morch 2ty24
REFERENCE ANO ADWNISTRATIVE OETAIL5
Regl$tÈrod Compony number
C0815227 IErolond Wole51
RegOstere¢J Churity nvmbw
253606
Reglstered olnce
stephen Joseoh Theotre
Ihlestborovgh
Scorborovgh
North Yorkshire
Yoii ijw
Irustèes
Ms H Boaden Iresi2ned 31.3.241
M5 K A Cotmichoel Iresiqned 31.3.241
Mr D A Chttnce Covncllty
MS C. ¥it2POtrick Ire5igned 8.12.231
Mr A H Wilson
Mr T s￿0￿er loppoinled 15.3.24}
bAr J Lee
Mr R S Lumby
Ms S K S Wr(ght
Mr O T Wornèr MBE
M5 A Oonkor
Mr J Wilkinson
MS S L F Nicho150n {ap￿hnl￿d 8.12.231
Dr G Dowes lopoointed 8.12.231
rs T A ColcraH Icppointed 14.6241
Compony 5ecielory
M5 C Roulh
Avdilors
Fortvs Auclt LLP
Chortered Accovnlonls & STOlUtOry Au￿rt￿5
5&6 Manor Covrt
Monor G(Jrth
SCO￿OrOugh
Norlh Yortshre
YOI 13TU
Poge S

SCARBOROUGH THEATRE TRUST UMITED
IRADING AS STEPHEN JOSEPH THEATRE
REPORT OF THE TRUSTEES
Ihe Yeor Ended 31 Moich 2W24
Joinl Chlel Execulfves
Ms C Rovlh
Mr P Rc>tin50n
Bank•
8orclays Bonk Ilc
st. Nichobs Strèet
Scurborough
YOI 1 22L
Inves1me￿ Manager5
CCLA Invèstment M¢yKYJèmenl Ltd
85 Qveen v￿10￿0 st￿e1
Lo￿on
EC4V 4Er
STATEMENT OF TRIJSTEES. IIESPON51BILmES
The trustee5 Iwho ore 0150 th8 (hreclory of 5cC¥b￿h Theol￿ Trust L¥milecl purposes ol cornpony Icv•l
orè responsti￿ for weparwy th? Report ol Ihe Trustees QYJ Ihè finonciol stoternents in occordorKe W￿th
aptyrtY)le low ond United KirKJdcm Accwntin9 Stondards (Urited knrodom Generolly Acceptèd Accounthro
Procltel.
Comrony low requires Ihe trustee5 to prepore fir￿r¢￿Il stolemen15 lor eoch firnrtiol yeoi wfich give o true
ond fow ￿TeW ol Ihtr sto*8 of aNLYrs of Ihe ehcwitoblt compony oncl OF thè irKom¥YJ iesource5 op￿￿ofItin
ol rèsources. inciudiro Ihe I￿orne ond expendlure. of ch￿ta￿È ccrnpory for thol perKxJ. In preporir
those fTh)rtiol 5totement5. Ihe tW5tees rewed to
select suit0￿e occcLntiro poScies oThJ IfLen them con5iltenlty;
ob5erye the rnelhod5 ond EwirciF4es in the Chjrity SORP:
moke jLKl9ement5 orKI e￿lMO*e5 thot ore re05¢x￿￿￿e ond pnxlent..
preFore the financid stotement5 on the gc*r¥J concem ba￿5 urlèss it 15 irxiprxor)riote to ￿eSuMe thot the
chc3ilob5e compory Conlin￿ n bltsness.
The trustees ore lespo￿￿1 e for keeptrig rKoper ocCC￿lI￿ rec(wds whch disc105e wilh re050noble occwocy
ot any time the financ￿1 posdion of tP* charilaiye CLYnFx)ry cyyj to ènobk them lo enswe Ihat the financiol
51atemenls compty with t}￿ Comparie5 Act XKJ6_ They ore also re5porfjilYe for sofeguording the asset5 of the
choiloble ccxnpany or%1 for folirwJ re050not4e steps tcK p￿ventIOn ond detect#￿ ol ond
01￿ I￿guI0[111eS.
$0 laT 05 th& trv5tees ore oware..
there is no ￿lev<￿t ¢Judil In1￿1all)n ofwhth ch)Itobè cc¥mp(NVs ou(*lots ore unwre.. onrl
the tIU5tees hove t<*en al step5 t￿* ought lo taken lo moke Ihemsdves owore of ony
relevont ou¢Jl informot￿n orKI to e$lob￿sh Ihot I￿ outhors rye cThvc¥e ol Ih)t ￿nIc*mo110n.
AUDITORS
Ihe (Xh￿10￿. Fc*tLO Audit LLP.wll be ￿e￿sed forre4Jpwnlmenl ollhè fott¢JThrvJ AnnwlGenerol Mtteti￿.
Thls rewl 5 p(epa￿d in ￿ets¥donce thè exemptKJis alluded to smdl compon*s
Approved by or<*r OF t￿ boord of twslees ￿ ........ .. .
. on it5 bÈhdl by:
Ms C Rwth- Secrelary
Poge 6

REPORT OF THE INOEPENDE NT AVDITORS TO THE MEMBERS OF
SCARbOROUGN THEATRE TRUST LIMITED
Oplnlon
We hove oudited the li￿r￿￿1 stotemenis of scothro￿ah Theotre Irvsf Lmiled Itts porenl c￿nIoble
comDony'l ond it5 5ub5ic*rJry 'giovp'l for the veLY er￿e￿ 31 Morch 3)24 wPith ccmgri5e tt)e consdidoted
Slotement of F¥￿nC￿l Acliwlies. Ihe grwp ond porenl ccmpany Balorce sheets. Ihe conSo￿LIaled C05h Flow
stolemenl ond note5 10 the finarriol 5tdemeni5. IrtIL￿1￿ o summory ol y9n1￿ant occounting p￿￿les. The
f4ioncol rewrling Iromework ihGI hos betsn oopl*cl n Ihew prewrolion is oppficoble low ond United Kingdcm
A¢COLmlino Slondoid5 iurwled Kw£5(xn GeneJolf Accepled AccounlJrYJ Pioclrel.
In our opruon the finoncKI stal?menl5=
give o truè ond fow View ol the stole of Il* group's (Jnd ol Ihe pcxenl cfK]ritoble ctsmpcnvs offoirs os ot
31 Mcxch 2)24 ofKI of the grotJP'5 re50LJrces oncs Op￿￿OI￿n of resources. includiro its income
onrj e&oendilvre. foi the yeor Ihtn er￿ed."
hove been propety prepored In IKcordarte with Urmled KwvJLknI Gereroty Acceple¢Y A¢Coun1￿
Proclice". ond
hove been prep(yed in occe￿¢jO￿e wilh ￿ql￿rem￿$S of Ihe Comporie5 Act 2ti)6
Bosis opinion
We conduclett ouroucfit in ￿c(x(￿C￿Wittt Intemaliowisiondud5 ¢)nAuditiro IUKI IL8A5 IUKII Orxj￿￿lcCj￿￿e
law. Our re5ponsbi It1￿5 un¢er slondords ore htrther described in Aucfilors, responsibilYie5 lor the oorfit
ol the grovp f5n0￿1th 51alemenTS 5ectDn olour￿p(y1. We ore incJeperLfent ol Ihe groyp orKI oorent chorituble
comwny in occordonce witrh the elhcol requrement5 thol ore relevtsnl lo our 0￿j11 of thè fi￿￿101 slatemen15
in Ihe UK. tsicI￿1￿9 the FRC'S Elfmcd s10ndc￿. ond we ho￿ I￿￿1￿(1 ow otY*r ettmcol resp￿51￿￿411es in
occordonce with th-
-se requirernenis. we beSeve Ihof Ihe 0￿11 evKlence we lyjve oblair￿￿ ￿ suffictnl oncl
oppropriate to provicje a bo￿5 for our 0￿￿K)n.
Conclusion5 relolin9 10 goin9 concern
In oudiling the tinanc￿l 5toternen15. we hove eonclucle(J Ihol the IrLtslee5 use ol gokig concèm bosts ol
accovnlvig in the preporolion of Ihe fu￿1￿1¢￿ stotemenls is oppropiole.
8tsse¢J ori Ihe woth we hove performed. we hove not idenlifed ony M￿e[lO1 U￿ertainlieS rekJtirE io event5 or
condition5 Ihol. individUd￿ or colective￿. cost ygniliconl dwbl ￿ 5ccxborcvgh Theolre Trusl Limifred's
obility lo cOn1￿È os o gong conctsm TOr0￿1￿xI ol 01 ￿0$t twetve months from when the fiTh)rxKI 5totements
ore outhori5ed for i55ue.
responst)ililie5 gr(J resp￿￿￿￿1￿5 of Ihe tru51ees wilh respeci to g<xro correffl ore described n th&
relevont sectvJns of thts ￿F)0¢1.
other informollon
The twstees orÈ re5p¢ans￿e fw the other inFcMmciiCAI. The inloffnafKJn ccmrx15es Ihe inlomioiion itluded
in the AnrnJol Re[￿. other'.fKJn Ihe fi￿ne1cl Sioiements ￿ our Ileport of the Intyependenl Au￿t￿5 thereon.
(￿r otxrmon on Ihe gsoup fir0￿laj slolernen15 does nol cover Ihe other infomotion oncj. except lo lh8 exlent
othefv4i5e eiJrilly stoted sn ovr report. we e¥press orry fom OT as5vro￿e conclu5K)n thereon.
In connection wlh our ov¢S1 oi Ihe group tsnorcid slolemants. owresoMytYSty is lo reod the othei informolion
ond. in doiThJ so. conwdei whether tl* olher In1￿M0110n s mOteri(J￿ ncon5i51enl wlh the group fin0￿101
slotements or ovr kn￿edge obtaned in Iheovdil orolher¥vise wkw5toi*molerith misslaled. Ifwe iolenlify
such moleriol ￿0￿151e￿Cle5 01 opp¢yenl moierid mis5foleme.Its. we ore reouwed lo deleimine w￿ther Ihis
gives llse to o molerid mi551Gtemeni in he group hronc￿l slolem•nts themselve5. If. txjsed on the work we
have performecl. we Concl(￿e thol ihere is o molerid mis5totemen1 of th5 Otfer inlcmiotK)n. we ore reoured
to ¢port Ihot facl. We hovL* nolhiro to ￿pOrt thts ￿9ts¢.
Oplnlons on othw motleis we5cribed by the Componie5 Acl 2006
In our otxnion. i)u5ecl on Ihe wcrtk undertoken in the COLrse of the ov(St'.
Ihe inlormolion given in Reporl ol'.he Truslees lor the finono<A Yerx lor whrh Ih8 fimnciol 5tolernents
ore or-oored is consstent wilh the fiThJnciol slol*nenls." c
the Report ol the Tivslees been prepored n accordonce w¢lh r3pp1￿Ob1è legol requirements.
Poge 7

REPORT OF THE INDEPENOE NT AUDITORS 10 THE MEMBERS OF
SCAR8OROVGH THEAIRE TRUST IIMITED
Matters which we ore required lo report by exception
bi the lighl ol the knovAedge oncl underslon¢*ro of Ihe group oThJ porenl th￿10b1￿ compony ond the
environmenl oblttined n Ihe cow5e ol I￿￿ avdt. Wè ￿ve rL)t identified moteftol misslctemenls in Ihe Report ol
the TnJstees.
We hove nolhiro to report in respect Folbwro rnoiten thre the Compones ACI YX)6 requws v5 to
report lo you if. in our optryon".
odeqvote occounting records hove no¢ been kepl by fhe p￿ent ch)rilobbe compory. ot reknns
adequoiÈ for our audit hove rK)t been receNed Irom txanc1￿5 ￿1 votted by vs..
the porenl chorilot4e ccxmpony fnoncd slolements ¢ye noi in ogoement wth the ¢¢cotmling fecorcls
ond @tu￿S.. (
certoin disclosu￿$ of tru$1ees' ￿ry￿J￿erotw specifed by *)w (ye made.. or
we have rot received ol the informolKJn ond ew0n0i￿n$ we reqvffe lor w oucfit: or
the tDJslee5 were r+ot enlilled lo toke odvontoge of IIE Smal compoThes' exemplion from
requremenl to prepore o Strolegc Rr*port u in prepoirg tts Reptyt OF If* Tw51ees
Responslbllilie$ 01 tru¥tee5
AS exP￿irEd m(Ke in the Stolemenf of Tru51ees' Re5EK)n5TbWies. the Iruslees Iwlw) ole ¢Jso the d1￿clor5 ol
the porent chori10b￿ compon¥ lot the pww5e5 of ccmpony l¢)wl ore respon￿ble for the preporolion ot Ihe
finorciol 5tolgmenls ond for oe+rg sol￿rIe¢ '1￿11 they gwe o twe oThY loir view. cffjd lor such inlemol conlrd 0$
Ihe tfU5tees deleimine is necessorv lo en¢t)￿ the preporotb)n of fin0nc￿l 51alernents that ore free fr(xn moteri
m￿s1O*ernent. wtslher dve TO IrTrJd ￿ effcw.
In preDariro the fin0nc￿l slolements.
tnJslee5 ore re5ponst1￿ for 0$5etsi￿ the group'5 Ond ttre porent
choriloble comwry's O￿llY lo c￿tinUe 0$ o gouig co￿eM. dsckJgn9. 09 Opp￿cotle. Motte￿ ieloled lo gino
CO￿ern ond using g￿g concerrst)OSi5 oloccountiro urle55 the trv5tees eilhef ￿ternd lo I￿uld01e the group
or Ihe poren* chcritoble com$￿n¥ or to ceose operotions. or hove no rea￿511C allèrnative but to do so.
Our responslbilitie5 t￿ Yhe oudit gl Ihe finunciol stgtements
Our otyeetiv2s are lo obloin reosonob* ossurcrnce otx￿5 whether7he linonci¢J stolernent$ 05 0 wh¢Je ore tr&e
from moteiiol misstoiemenl. wheiher due lo froud or errry. oncl Io ISSLE a Per￿1 of thp Independent Audito
that incKJde5 (Kjr opinion. Reosorbobk Ossvrorce 15 0 level of ossurorce. but 15 nol o gvorantee Ihol on
ovdit condvcted in occoiclonce with LSAS IUKI wal oKYoys delect a motengl mi551otemenl when it e￿515.
sstoiÈmÈnls con ar￿e trom froud or eKr¢yond orÈ considered moterid it. indivKJud￿ or in the oggregote. they
ov1dieason0b￿ be expecled toinflLErtè the eCorK)M￿ IYÈei5KxEofv5W5 takenon Ihe tosisof these fir￿n¢la1
stolemenls.
ltt&gvlorilies. i￿}Uding frtsjd. ore ￿$&or(e5 of rK*pcwipliorcewithkNs 0￿￿s￿￿￿tiOnS. Wè design procedwes
in line wilh our responsityh"1È5. tsJlb"rEd obove. to delect molerid mi55iolemenls in ￿speCt of irreguk3rities.
Ivdin9 fvwt. The exlent io whch ovr prwedure5 ole c¢)poUe ol delecliw ¥reoJloritEs. includiffj frovd
eloiled below..
We obtoined on unde￿I0￿¢s1￿ of Ihe iegG4 ond fromewiths th¢Jt are (pF*c(*)le lo Ihe group orKI
eteimined thot the m051 sgThlront Iromewoths wh￿h ￿e direclty Jelevcnt to specific assertion5 in the fironciol
stolements ore Ihosè lha* relote Io The rep(ylirYJ frtynewc¥t (UK GAAP and the Componies Act 20061 one thè
relevonl tox ctrnpl￿￿e re9￿0•k)n$ in the UK.
We LrK*erslood how the grovp s comptyuig ￿1h itYJse fvomeworks by mokng enqvirie5 of monogefftenl oncj
those respons1￿e torlegd ondc(ynpfiorce rKocedure5. we coffo>oroled ourerK4uuies through revEw of board
rninvles ond chscussiorn with Ifo5e c￿￿19ed ￿th goverr0￿e.
We 05sessed Ihe 5usceptitxkty of the group oncl ptyenl ctsnpory's fii(5neial 5tolements lo moleriol
mi55tolernent. includini how fvoud mi¥il occw. by dtsclts￿ON mtsnogement from vorious port5 of the
busines5 lo understoncl wnere Ihey conydered ihere wos a susceplibl￿fy to fvoud. We .considered Ihe
procedure5 ofKScontrols thol ihegroup oThJ porenl chori10b￿ car￿OnY h05 e51oblshed to pievenl and delecl
froud. how ihese ore moritoredby monogemenl. on(S also anyenhonced risk loclots Such 0$ pertomance
lorgèis.
We also pertoimed oudrf woth over the risk of morK)gemenl overtide of c¢)nlrd5. including testing ol journol
erslries ond other o¢jv5tmen15 tor Op￿0￿￿llene$S. eV(￿oI￿g the IMJsifEs5 rolioncde of sigrihcont trLinsoc1ions
outside the noimol coutse of bU51r￿sS ond rÈviewirYJ OCCOLntlr￿ ￿lI￿oIeS for tia5.
PcwJe 8

EPOR T OF THE INDEPENDf Nf AtfOITORS TO fHE MEM8ÈRS OF
SCARBOROUGH THEATRE TRUST LIMITED
A further descriplK)n of ovr iespcnsbflites lor'.he ouc51 of ftrTh)nciol stotements is k)coteO on Ihe finorriol
Repo¢1￿￿ Cou￿11.5 wet>51te ol wWW.fr¢.org.uklovOtO￿ responsibdifres. Trys de5¢riPtion forms port of our Report
ol the Independenl Avdito(5.
Use ol oyr report
This report 15 rnodg lo the cFvJiloYe c¢wony'5 rnembe￿. 05 0 t￿. in occordorre with Cfrnptef 3 of
Port 16 01 Ihe CompoThes Act %X)6. Ouroudil hos been￿dertoken$O Ih¢Y we rn￿h1 stote to th? chafiloble
compony's memtsers those motkers we ore ieqLrired to sl¢Ye lo I￿￿ in on Qudito￿. report oncl For no other
o.urp05e. To the fullest exlent permitted by Icw. we do rol occepl or Osswne reswnyl>fity lo onyone otherthorj
Ihe chotiloble c(xnpcny onL1 lh= c￿￿￿tOb￿ ccmpony's members os o body. for our ou¢St loi I￿￿ repoti.
or for the opuiK)ns we hove T(ymed.
Fronces Howord FCA ISenKJr SlolvS0ry ALKfitoil
lor on befKJIfr of Fortu5 Auctr LLP
Chartered Accounlonls & SlolLrtW Aucfito
5&6 Monor Court
hAoroi Gorth
Scothrough
Ncmlh Yorkslire
YOI 13TU
Dole..
Pege 9

SCARBOROUGH THEATRE TRUSI IIMrrED
TRADING AS STÈPHEN JOSEPH THEATRE
CONSOIIDATED SVATEMENT OF FINANCIAL ACIIVlllE5
IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI
For Ihe Yeoi Ended 31 Morch 2024
2024
Totol
lund5
2023
Totol
funds
Unre5tttled
lunds
Restrtted
nds
Noles
NCOME AND ENDOWMENTS FROIA
Donoliorn and legac￿5
162.719
3SA84
198.103
128.025
Charilatyle actlvlties
Operolion ol IhEOtr8
other trodiro oclwilies
Iriveslmenf itome
Thpofre lox credit
2.107.162
214.127
9.687
165.774
131.466
2.238.628
214.127
9.687
165.774
.73.1,210
123.728
729
346.163
Tolul
2.059.469
166.89)
2.826219
2.329.855
EXPENDITURE ON
Rasiro hJncts
109.
109.5X)
78.840
Chtsrltob￿ gctlvJNts
Operation ol I￿OIre
.2.464.520
141.16?
2.605.082
2.351.469
2.574.OY)
141.162
2.715.212
2.430.309
NEI INCOMEI(EXPENOITUREI
8S.419
25.688
1100,4541
Net golns ¢n inveslments
12,845
12.84i
433
Tfonsltis b¢lw•en lunds
21
Nel movement in funds
98.264
25.68B
123.952
1100.0211
RECONCItIATION OF FUNDS
Total funds brought forward
77.732
448.8&3
1.126.585
1.226.&A)6
TOTAL FUNDS CARklED FORWARD
775.996
474.541
1.2S).537
1.126.585
The r￿leS fryrn port OfI￿Se 51otements
PoJe 10

5CAIIBOROVGH INEATRE IRVST IIIAITEO
IIIAOING AS STEPHEN JOSEPH IHEAlliE
CONSOIIDATEO AND CHAMTY BAiANCE SHE￿$
31 MARCH 2024
Grovp
Conwony
2024
24
)23
2023
Notss
FIXED ASSEIS
TOng1￿e ossels
e51ment5
3)4.232
112.278
185.468
I￿.433
>)4.232
113.278
185.468
100,433
15
417.510
285,901
417,510
285,901
CIIIgENT ASSETS
si¢cks
Debtors
C05h ol bar* in hond
16
17
5523
1491Jl4
923,423
2416
749225
619L65
.5.523
639,048
576.240
2.416
568.162
617,908
1,.43)21
1,370,826
),220AI I
1,188.546
CREDITORS
Amounts fo11r￿ ttjeknilhinore ye
18
1587.2331
1530.1421
1453.7261
1423.1271
NET CURRENT ASSETS
707.C*5
705,419
IOTAI ASSET5 LESS CURRENT UASILTTI
1.2X)537
1.120.S85
1.184.595
F.051J20
TOTAI FUhlDS
].2￿￿37
1.126.
1.184.S95
1,051,3))
FuI4DS
UnreslKleLI Ivnd5
R85tric18d IvrtrY5
21
775.996
474.541
677,732
448.853
710.054
474.541
602,467
448A53
TOTAI FUND5
I.￿).$37
i.120.￿5
1.184.595
1.051220
The fThinciol slotement5 wefe opprove(Iby Ihe Bowj olTwsle¢5 OtKloutWserJ frwtssue on 6 December 2024
and signed on 115 bekdf by:.
M5 S Nick450n-Trustee
?he note3 l¢wn ￿ of these fi￿￿C￿lIt01ernents
Poge 11

5CARBOROUGN TrfEATRE TRUST UMITED
TRADING AS STEPHEN JOSEPH THEATRE.
CONSOLIDATED CASH FLOW STATEMENT
Fow the Yegi En<fed 3) March 2024
2024
Nole5
Cash Ilows from operoting aclfvthes
Cosh geneioled fiom opèral¢on5
455WJ
86.287
Nel cash lused in11prov￿e￿ by opwoling Octiwties
455.8(K)
86.287
Cosh flows from Investing oclfvilies
Purchose ol torot)le fvKec5 ossets
Purchase ot fi¥ed o55et investments
Interest ￿ceiVed
132.0751
.9.687
729
Nel c.o"sh used in ￿ve￿Ilr￿￿ octivrtP5
151.4621
31.3461
Chon9e in cash ond cash equ¥v¢Jlents in
th? reportyng period
4.338
1117.6331
Cash ond c05h equlvalents al Ihe
bt9inning of the Tepryling pwiod
619.085
736.718
Cosh etish eouivolents ulthe end of
the reporttng perlod
923.423
619.085
Ihe nofes lonTS pod of these ffnoncwj stclements
Poge 12

SCARBOROUGH THEA71tE TRUST LllhlTED
TRADING AS SIEPHEN JOSEPH IHEATRE
NOTES 70 THE CONSOLIDATED CASH FLOW STATEMÉNT.
For the Yeoi Ended 31 Morch 2024
RECONCIUAnON OF NET IEXPENDITVREIIINCOME TO NET CASH FIOW FROM OPERAIING ACTIVITIE5
2024
X123
Net l*xpendltur¢ll¥icome for the reporting wio(I Itss per Ihe
Sl¢)lement of Finoncial Acllvitie51
1100.4541
.Adjustrneiits for.
Depreciation chorse&
Interest received
I1￿re0$e1 in stock5
Decreoselllncreosei in debto
Incr8a5e in cieditor5
42.385
19.6871
13.1071
258.011
s7.￿1
73.288
17291
130S.1201
246.315
Nel cgsh Ivsed in)Iprovided by operglion5
455.8(M)
86.2871
ANALYSIS OF CHANGES IN NET FUNOS
At 1.4.23
Cosh fiow
Al 31.3.24
Net c<ish
Cosh ol bonk ond in hono
The noles"1(ym pert cl Ilese ￿￿ne1cl Sio*emen15
Po9e 13

SCARBOROUGH INEATRt TRUST LIMITEL)
TRADING AS STÉPHEN JOSEPH IHÉATRÉ
NOTES TO THE CONSOLIDATEO FINANCIAL 5TATEMENT5
For the Yeai Ende¢J 31 Morch 2024
ACCOUNIING POLICIES
Bos15 01 preporlng the Ilnan¢ial statèments
The finoncial 51olemeri15 O'i Ihe choiitoble ccvnpony. whch 15 a berEft entity undei FRS 102. hove
t>een p¢eoored in occordorce wilh Ihe Ch¢y51ies SORP IFRS I021'Acc￿nIlnQ ond Reporttng by Chorities..
51oiemenl of Reconmencied Proclte app5c0￿e 10 Cl￿nIES preparpng their occount5 in occordance
wilh Ihe Finonciol ReK>oriry Ston¢crd 102 'fv1 rin0￿1￿ Reportino Slondoffl Op￿iC0￿e in th& UK oncl
Reuublr of Ire￿n￿ and lh2 Componitrs ACT 2006. Tr fin0nc￿l 5tctemenls hove been pitrpored vnder
the thsloiTrcol cos1 conventionwilh Ih? eXcept￿n ol investments whch ore includecl ot morket VOILE.
Scorborough Theotre Trus1 limiled is o C￿niO￿le private c¢yY¥pony linited by guoiantee in Englond. The
oddrtr55 ploctr of bus￿e$S is gven ￿ the cFw)rily ¥ilorrnalion wilhfft thè tru5tee5' itporf ol these
linonci& slotemenls. The nohjre of chcmrfy's operotions princiDol oclivities ore lo odvonce Ihe
art5. cvllure orQ YEritage ol the bLY¢JJgh oi ScotXKWgh by prolqdng on Internolionoly recognise
theatrè.
The accoun15 cre pre5enl8d in £ Stèthrva wh.eh 15 furtticwl CthTeKy of the chofitv.
Bcsi5 01 con5didgtion
Tha consoldotecj fin¢￿￿1 statemenls trtcorwoie Ih05e or korborough fvotre Twsl limited ond ils
5ubsidtory li.e_ the enirfy Ihot Ihe grovp contro15 I￿Ough ils rthyei to govem Ihe fin0￿101 oncl operotiro
p￿￿leS $0 QS to obtoin et(*Kxn￿ ber*fi151.
All fifjanciol stolemenls ofE mode up lo 31 Movch X)24_ Wh￿e necessory. odju51rnents ore mode lo thè
fin0￿101 stotements ol the $￿SlO￿ory lo brirg Ihe occounlirg polces thed in Inè wlh those used by the
gioup.
All ¥itrtrgroup tronsoclions. bcAorces 0￿1 urKeo15ed g01r￿ ¢m tror6ct1l￿ between group cornponies
ofe ewminoled on c0n5c4idotl￿.
Income
All income is recoGfxsed in Stotamenl of fimncid Ac11Tr￿￿$ orte Ihe chority hos entitlement to the
fvn(Is. it i5 probts￿e Ihot the irt￿e i)e receNed <¥¥J tre can bé meosvied rel￿￿v.
F(y donotions ond gTontS io be recogrwsecl the chcthly WPJ hove been Th)tif*a of th2 omovnts ond th
seltlemeni dole in wriling. If there ore con¢iIior￿ ollocmed lo the dorolh?n or gronl oTha requires o
l•vel of perlomor￿e before enlillem&nl con be oblor￿d then ￿Kome is def&￿e￿ unll trhose concfilion5
ore mel or lulfilmenl of tr￿Se concfitions & wilt¥n thè cortrol of the cl)arsty il is probtsble that
Ihey wll be ￿lfilled.
Income frwi tro¢W￿ 4xINilie5 rKhJdes ￿Orne eijmed Irom lun(Sraisiro evenl5 ond Irodiro octi￿lIeS lo
roi5e Ivnes lor chority. Income is received in exchorge for 5vpptyir¥ gooa5 and 5erv¢e5 ￿ order to
roise fund5 and ￿ T&cogn¢sed entilement trw)S OCCUEre<S.
Income rec&ved in odvtsnce of o tfeothcd pellomor￿e ￿ toui is defeffed unti th? perfomonce hjs
been delwered an(J I￿n ol thol PO¥)1 wil be iecogri5ed os r£¢yne ￿ the occovnls.
The tIUs1'5 owned Subsid￿ty. Stephen. Joseph lheol￿ Enterp05es tirniled Icompony Number
. 024813071. benefi15 from the recept ol tftclre tox credit5 wtt￿h it receives in relotKJn to productions
cre c105ety Inked to the Ihealre'5 ooject5 ond OCiMl>es. AS o res￿1. the t￿ponY donate5 the tox credit
to the Iru51 and Ihis is reCogn￿ed ￿ tl* occovnls in Ihe peiK)d lo wF¥ch Il* cloim ￿￿leS to rnatch the
Ireotmenl in the subycfiory occounls.
Pc9e 14
conjir￿?0...

SCARBOROUGH IHEATIIE TRUST UMITED
IRADING A5 STEPHEN JOSEPH THEATRE
NOTES TO THE CONSOIIDATED FINANCIAI STATEMENTS - conthnued
For the Yeor Ended 31 Moich 2Q24
ACCOUNTING POIICIES - ¢onllnued
Expendilui•
Liab￿ilIeS ore recognfjecj 05 expendilwe 05 500n os Ihere ￿ o legol or con5truclive obligotM)n cunmitling
the chofjty to bhoi expendrfwe. il s proboble Ihol o tr(Jnsler af econom￿ benefi15 wll t)e ie(wired in
settlemenl ond Ihe om0￿$ of otrAvJolK)n con be meosvred ref#Jbl5,. Expendituie is accounlecl lor on
on occruois b0515 h05 t)een cla55ified V￿le[ heoding5 thol Qggregole au c05t Feloled lo the
caTegory. cosis ccnrol be drec1￿ Gllribuled lo pcNlicvlar heodings tt*y ￿)ve r)een allocoled to
octiviles on o btssi5 con5tstent ￿1￿ the use ol reswces.
Irfecoverode VAT is ch￿ge￿ 0$ on expense ago￿1 the oc11￿ty for wfych eyn(h"turÈ orose.
Roisln9 fund5
C05ts of generatiThJ IL￿￿￿5 ore Tt¥)5e cost5 wicurr8d oltfoch.rg vothlory ￿Ome crld gronts. and those
Incu￿ed n tr<XJI￿ octivtlEs tIKJ'. roise fur¥Js.
Choiituble uclhfities
Choritoble oclivilies irclude expenditlwe ossoclofed ￿1h Ihe 51ogin9 of stoge yoduction5. lours.
exhibitions oncj educohowl progrommes oncl irclude l)oth the cSrecl cosls cmd suppfyl c051s reb1tt￿ lo
these octivitEs.
Support Cosls
Support CQs15 inc￿de I￿Se ncwred in the gove￿￿￿& of Ihe chcyity its as5e15 ofKJ ore yinori
055OClOte¢ with constitvlKJrkil ond stoiulory ￿wirements.
Tangible fixed ossets
De0￿ClO110n 15 provtded o., the f¢kniro roles (n cKd&.f io wrile off eoch ossel over 115 eslimoled
us8fLA rite.
Improvemenis Io k¥operty
Furnilure. fixtLYes. fillng5 ond
equi5)ment
Motor velicle5
Cfver remcinro wiod of the ￿(35t
stioighl over 6 yeors
¢JI C051
Tongible nxed osset5 Ote sloted ot C051 or volu0t￿n less occvrrMJloled dep[eent￿n ond tXCLmvloled
irnpoirmenl10sse5. C05t inck•ts5 Costs rfirectNr Ottribuioble to mokirYJ the 0s5et copcble of operating 05
intended.
Stocks
Stock5 ¢ye vdued ol the towerot cost ond ret ￿￿sCore v¢*R. oflefmok¥g dve oNowonce fof 0tr5dele
tsnd sknw morrir#J itèms.
Cost irtluée5 dl cosls ol pwch05e ond is cctvbted ustrya thè fwsl4n. fr51out tXJ5i5. Prow*on is mode lor
dom09￿. obsokle ond slcKk Whe￿ Op￿Orjriote.
Taxolion
The chority is trxernpl trom corr)oroton lox ￿ its ch7ilob* octi￿￿e5. The C￿l￿onY 15 iegi%terecJ for VAT
on o portiol exernDIK)n basts.
Fund occoyntln9
Unrestricted hJn¢Y5 ovoHobk to soertj on octMtie5 I￿J1 lurI￿r ony ot the purposes of Ihe chorily.
Designoleé lur(ts ore unre5iricled ivndsol Ihe chcKily whch tr* Iru5tee5 hove decided ot they discretion
lo sel oside lo vse for o speciFC purpose. Reslrcled Functs a￿ gront5 oThY ¢Yonolior6 which Ihe frjs
specilied lye to be s¢Sety u5e¢ ior otsliculor oreos of Ihe Trvsl's wth ￿ lor specific projects ty?￿ng
undertoken by the Tw51.
Page 15
contirvJed...

5CARBOROIJGH THEATRE IieusT UMITED
TRADING AS STEPHEN JOSEPH THEATRE
NOTES TO THE CONSOLIDA TED FINANCIAI SIATEMÈNT5 - contlnued
For Ihe Yeor Endpd 31 Maieh 2024
ACCOUNTING Pol￿1E5 - continued
F4yei9n curyen¢i¢5
Assels oncl liotslties in foreign currencies are l¥onsbled uilo slet1ing ot Ihe rote5 of exchor¥Je njliro ol I
tsa￿r￿e Sheet dtsiE. Tr￿s0th0n5 in f￿￿gnCL￿tÉl4 cies ore lionsbted into slefing ot The rute ol exchonge
ftjiro ot Ihe dole of lior60Ction. Exchonge divierertes ore tokeninto occovnlin arrivir¥J at operating
re5uIt.
Pension ¢osts ond other p051-retiremenl benelits
Thè chorili*le compen¥ operctes o tssfineé conlThbvlK)n pensK)n scheme. Conlribvtw)ns poyabb to the
-horiloble compcny's perswtr scheme orr* cwd to the 51ulement of ￿nC￿lJI Activi1￿5 irs th8 period
to wkuch they rdole.
'Golng concem
8ecov5e of tne noture of ils oc1wit￿5 T￿S1. in common with sinilor orgoni5alion5. ￿ dependent on
grant5 tor its contirrtNvJ erJlen¢e an<J there ￿ no guafontee I￿1 such a.￿ wrfl contirL¢ indefinitely. Th
compony is olso deperKlenl on ils bonkers fot Wotknro cak¥td at certan times. These account5 hOY8
been drown up on o Covrwn bosi5 on Ihe ossuxptw thol gront fun(Sng and sUPPOrt from Ihè
Trust's banke￿ will conl¥xe.
loon5 and b0￿QWingS
Loons cxxj botrowtry ore ITh1￿?￿ recagr45ed ot ihe tronsoct*)n ￿lce sncknyry l¥orGuclK)n cost5.
Oeblots cieditors receivoble / payable withln ohe yeoi
Deblors and cieditor5 wilh no slcled ￿le￿eSt role oThY reCe￿tIe or kWOtJle one year ore
recorded ot tron50clion price. Any tjsses cJisiro lye ￿Ce9r￿s&￿ in the profit ond loss account.
OONATIONS AND LEGACIE5
2024
2023
Donutior
198.103
128.025
198.103
128.025
01 the eonolions ￿e•Ve¥ yeor a5.384 rebte5 I0￿$1￿le￿ fu￿*5())23- £8.0871.
OIHER TRADING AcnvinES
2024
2023
PiogicrThne soles
Swee15 and ice cream5
6or soles
14.993
61.584
137.SXJ
13.996
32.885
76.847
2)4.127
123.728
Poge 16
conh"nL*d...

SCARBOROUGH THEATRE TRUST LIMITED
TRADING AS STEPIIEN JOSEPH TTrIEAfRE
NOTES TO IHE CONSOLIDATED FINANCIAL 5TAIEMENTS . eontinued
Foi Ihe Year Ended 31 Morch 2024
INVESTMENT INCOME
2024
2023
Dep05il occount inleresl
9.697
729
INCOME FROM CHARITA&IE ACTIVITIES
2023
Aclimty
Oyerotic)n ol I￿OI1e
Operoiion of Ifeotie
Operotion of Iheotre
Operolion of I￿oI1e
l)peration of Iheaire
Operctw ol I￿atre
8ox olfce tncome
loulln9 I￿orne
University incc*ne
Cion15
Theolie ￿111￿5
Miscelbreovs ircorr
Oulreach deportment
income
1.019.439
$17.590
75.0))
18.(KK>
&39.467
17.(M)O
897.519
5.884
210.305
242.111
OperoiKin ol Iheotre
28.481
25.392
2.238.628
1.731.210
Grants received. I￿ljded in abo￿e. ole 05 io1ows-
2024
2023
Arls Courncil
ScorDorough 8orough Council
North Yotssriie C¢xmty C¢JJrtl
Other gronls
Phillip Corne Tnjst
Mccoin.
Mein Trust
049.449
649.449
116.604
43.114
)D
214.287
3.783
Is.(xrf)
897.519
839.467
ot fhe gronl reeeived 3)24. £131.466 ¥eloled lo resfttle¢J fur*Ss IX123- £73.114I.
PrJJe 17
conlinved...

SCARBOROUGN THEATRE TRUST UMTrED
TRADING AS STEPHEN J05EPN THEATRE
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - contlnued
for the Year Ended 31 Morch 2024
RAISING FUNDS
othw tsadlng ocll¥llies
2024
2023
Btii. shop. Sweets and crecxn pur¢hoses
Progrommes
Devebpmeni cos15
85.787
8.395
15.348
46.760
6.880
25.200
109.530
78.840
CHARITABLE ACTIVITIE 5 COSTS
(Arecl
C05t5 Isep
r￿19 81
Svpport
Costs 15èe
note 91
Tol(45
2024
Operat￿n ol Iheotrè.
2.590.732
14.9
2.605.682
2023
OpeialDn of thelFlre
2.342.374
9.095
.2.351.469
DIRECT COSTS OF CMARITABLE ACMVITIES
2024
2023
stoff costs
Rent
Woter rote5
Insvronce
L5ghl and héol
Teèphone
Posioge ond 5tolioF*ty
Pvblicify ond mortetro
Guésl (fJreclor5. desgr*ts orKI viytiffj comDor¥es' iees
Comrnsssions one roydfies
Production expenses
Outreoch depcthenl eJpen5e5
TourirwJ expen5e5
Molor expenses
rickel prinling
Theotre Icences ond subsciiolions
Repon arvj r8newo$5
Cleoning
5celloneovs odm¥Klrolion
Legd on¢J profesyonol fees
Bonk charges ond inlere51
Merchonl ond speklrix C￿￿(ge5
I￿￿C9v￿r0￿e VA T
Boo aebls
Fundioisng costs
Gront expenditure ano tron51tK)n colts
Oesignoleé fund exoencfilLKe
Dep￿C￿lI4
973.02i
2?.51X).
11.052
35.717
88.245
7.020
7.252
106.472
231.159
68.098
489.789
20.687
28.725
4.657
3.174
15.229
82.578
11.539
31.307
4.271
1.712
40.092
109.279
888.622
27.500
10.467
31.644
82.990
6.589
6.412
80.957
202.733
41.963
465.7(
14.852
27.741
.3.504
3.263
11.629
61.484
10.647
23.703
4.049
75.152
419
6.148
9P.441
53.484
73.288
6.516
137.207
5.944
42.385
2.590.635
2.342.374
PryJe 18
Contir￿d...

SCARBOROUGH IHEATRE TRVST LIMITED
IRADING AS STEPKEN JOSEPH THEATRE
NOTE5 70 TNE CONSOLIDATED FINANCIAL STATEMENIS - conltnued
For Ihe Year Ended 31 March 2024
SiIPPORT COST5
G0vem0￿e
Costs
Operolion of theotre
14.950
Gov•mcrc8 cosls. I￿h￿ed in obove. ore 05 fokthf5'.
2024
2023
Aurlilois. remvnerclon
Avdilon. femunerolion tor noTrgJch"t
wo
T2.P50
7.095
14.950
9.095
io.
NET INCOMEIIEXPENDi7uf¢E}
Net ircomellexpen¢StLvel is slcied Oiter c￿rgIr￿11creChII￿jl=
2024
023
Aud¢lor5' rernvwotH
Audilors. reMUr￿lo110n fornon-outh v4(¥k
OeDreciolion- owned ossets
12.950
2.000
42.385
7.095
73,288
TRUSTEES. REMUNERATION ANO OENEFrts
There We￿ no trustees. renKJr*rolion crf other benehts thè Very er(lecl.31 3)24 fKY fly Ihe yeor
endeu al Morch 2023.
Trvstee5' e¥penses
There were w trustees. exr)en5e5 PLid the ye(y enaed 31 M(rh 2024 mr l(x the veor Enoled
31 Morch X>23.
12.
STAFF COSTS
2024
23
Wage5 antl 5¢Joiies
Sociol sectjrily c05t5
Olher penlon costs
8gQ.811
74.627
17.585
a02.302
71.385
14.875
973.023
888.622
Po9e 19
cOntin￿d...

SCARBOROUGH THEAIRE TRUST UMIIEO
YRADING AS STEPHEN JOSEPH 7HEAIRE
NOTES TO THE CONSOLIDATED FINANCIAI SIATEMENTS - conlinued
For Ihe Yeor Ended 31 Morch 202d
12.
STAFF C05rs cont¢nued
The overoge montw nLrn¥ei of emitres d￿r￿j the ye¢ywc6 os Idkm..
2024
2023
FundroNng of vokjntory income
Operotion of.theolie
73
71
74
72
No emF￿0Vees reteivecl emcknienls exce55 Ob £I￿.C(0 in erfher the cwersl or yior yèor..
cosl ot key monogeriienl pe￿onr*I fu tlp yeorwos £329.601 12U23: £294.8431.
OMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES
2023
lotcd
funds
Uryeslricled
rvncls.
Restrcted
fund5
INCOME AND ENDOWMENTS FROM
Oonotion5 on¢ legocie5
119.938
8.(kY7
128.025
Choritoble octNilles
Operolk)n of theot
Olher Ir<xJiro oclmlies
lriveslmenl income
Theolre lax cr&dt
1.658.OP6
123.728
729
346.163
73.114
1.731.210
123.728
729
346.163
Tolal
2.248.654
81.201
2.3?9.855
EXPENDITURE ON
Roi5iw lund5
78.840
78B40
Charllable ocllvthes
oper01￿ ot Iheotre
2.221696
128.773
2J5).469
lotol
2.Xll.536
128.773
2.430.309
NEI INCOMEIIEXPENDITUREI
Tr?nsffer5 behveen funds
Net gokns on Investmenls
152.e821
147.5721
I IW.4541
433
.433
Net movement tn funds
152.4491
147.5721
I IfX).0211
RECONCIiIATIQN OF FUNDS
Total funds t¥ovghl foTword
730.181
496.42i
1.226.606
TOTAL FUNDS CARRIED FORWARD
677.732
448.853
1.126.585
Poge
continued...

5CARBOROUGII THEATRE TRUST IIIAITED
TRADING AS STEPHEN JOSEPH THEATRE
NOTES TO THE CON50LIDATED FINANCIAL STATEMENTS . ¢ont6nued
For Ihe Year Ended 31 Alarch 2024
14.
GROUP AND CHARITY TANGIBLE FIXEO ASSETS
F￿711￿re,
fwlLffe5.
Im￿0VeMen15
httir@s
to
ond
pro4)th eoxrxnant
MOtOf
vehrle5
Totds
cosi
At l Apil 2ff23
Addilon5
155.167
142A24
613.276
18.325
13.5th)
781.943
161,149
Al 31 Morch 2024
297.991
631.601
13.500
943.092
DEPRECIATION
AI I April 2023
Cboige foryeor
18.622
5.549
564.353
36.836
13.X)O
S96.475
42.385
Al 3) Morch 2024
24.171
001.189
13.500
638.860
NET BOOK VALUE
Al 31 Morch 2024
273.820
).412
304.232
At 31 Morch 2023
136.545
46.923
185.468
Is.
GROUP AND CHARIIY FIXED ASSEI INV£5TMENIS
Unlisted
investmenls
MARKET VAIUE
Al l April 2023
RevduolKJns
ICQ.433
12.845
Al 31 Morch 2024
113.278
NET BOOK VALUE
At 31 Morch 2024
113.278
At31 mO￿h 2023
IOQ.433
TTh&￿ were no w)vèslrnent 05set5 outsiye UK.
The htstoicol c051 of inveslments omrxtnled lo £l(KJ_(KQ12023 £1(Q.coII.
Th￿ porent coms)orv's jilvestmenls ol bLlor£e theet dole in the CO￿t￿ of compani&s I￿a￿de
the iolkwry. investmenl 15 ILthy
stepher* Joseph Theotre EnterP￿Se5 Limited
Registered oltice." Sierthen Joseph Theolre. We5it)¢yough. Sc¢yborough. YOI I IJW
Noluie of bvsine5s". Tr*otre ProthJciK)ng
Closs o15hore." (Jthnory
HoldirKJs- lOO%
lurnover.. ￿95.3￿)
Expenditure £770.4127
Loss lor the Year.. ¢9.323
Nel 0s5els .' £65.942
21
Contw￿d...

SCARBORQVGH IXEATRE TRUSY LIMITED
TRADING AS STEPHEN JOSEPH THEATRE
NOTES 10 TFIE CONSOLIDATEO FINANCIAL STATÉMENTS - ¢ontinued
For the Year Ended 31 Muieh 2024
14.
STOCK5
2024
2023
stocks
5.523
2.416
DEBfoRS
Group
Compony
2024
2024
X>23
23
Amounts loNirg dve ￿e ye*x.
Trade debtors
Other deblcrfs
Prepoymenls accr￿1 inrome
15.795
20.487
13.772
47.546
10.000
530.519
15.795
20.487
451.506
47.546
10.ODO
349.350
340.054
288.065
487.788
406.902
Amounts foifiro duo ohei more I￿rn yeor.
Other debt￿5
151.21
161.260
151.260
161.260
Aggregole gmounts
491.314
749.325
639.048
.568.162
Olher debt￿5 rolling dje Oi'lef more Ihon orE yeor reloles to a mode to karborovgh Theotre
Oevelopmenl Twsl ￿￿er c kjon ooieemenT Iyoleo 9 Jonuory %Jis. Under the Ogreement. the loan was
repoYot￿e in ItAI by 31 Jonuory 20￿ and m inleresl is due if repoid in fum by Ihct eate. The Iwn was
ienegotioled in JLtne ￿17 jo be rerxxl otier 25 yeor5 WiTrh ￿ inleresl role otO.25%.
18.
CREDITORS.- AMOUNTS FAILING DUE WThHIN ONE YEAR
GfOUP
Company
2C124
2024
2)23
2023
Receipt5 in adV0￿e
Trode creditor5
Social 58curity arKJ o'ihw ioxes
Amounts owed lo grwp vndertok*
AecpJecJ experbes
170.164
33.148
.365
170.164
33.148
.20.365
12.040
187.410
57.917
16.743
57.917
16.743
12.040
175.914
321.461
6.465
587.233
530.142
453.726
423.127
IEASING AGRtEMENTS
MirimLxn le05e pcJymèn15 ui*JernQn<o￿ÈlOf￿e operotry leoses fol dve 05'idlows:
2024
WillNn or4e year
Befvleen one und live ye¢y5
In more thon five yeoF5
27.5CKI
I10.￿)
1.031.250
27.5Crf)
I i o.o(M)
1.058.750
1.168.750
1.196.250
The obove iel*l lolol cxntsJnts poyotAe ovw the lemi of Ihe kose theolie prem¢s•s.
P¢y 22
conlnJed...

SCAR8OROUGH THEATRE TRUSTUMITED
TIIADING AS STEPHEN JOSEPH TNEATAE
NOIES TO THE CONSOLIOATED FINANCIAI STATEMENTS- COAlinved
For the Year Ended 31 Moich 2024
ANAIY515 OF NET ASSET5 BE7WEEN FUNDS {GRQUP)
Unresiricted
Re$l￿tea
fund5
Tolgl
lun¢s
2024
Fixed ossets
irive51menT5
Cvrrenl o$5etS
Cvrrenl lablitie5
169.?40
13.278
1.080.011
587.2331
134.292
4.232
113.278
1.420.2
587.2331
340,249.
775.996
474.541
Unreslrcted
lunds
ResI￿led
Tolol
fu￿5
2023
Fixed 055ets
Investments
Current OS5ets
Current lobaities
48.072
l(n.433
1.059.369
530.1421
137.396
185.468
100.433
1.370.826
530.142
Ji 1,457
677.732
448B53
l.l26.585
Poge 23
contwuJeo...

5CARbOROUGH fHf ATRE TRUST LIMNEO
TRADING AS SIEPHEN JOSEPH THEATRE
NOTE5 70 THE CON50IIDATED FINANCIAI STATEMENTS - conlinved
Foi the Yeoi Endéd 31 hlorch 2024
21.
MOVEMENT IN FUNDS
Nel
movemeni
in funas
Tronsfe15
tst￿een
und¥
Al
31.3.24
At 1.4.23
Unreslricted funds
Generol fvThJ
Innovolion IvrKJ
Humon resource5 cfKJ sovemonce fund
Audience davelopmenl lu￿1
Copilol prc4ect
Coptoin Jack fun¢
521.216
67.9CQ
28.616
104.208
1209.4831
415.941
67.gCQ
22.155
50.OCO
200.00)
15,9441
xo.oc
77
99
Restricled funds
BenefoCt￿5 occ(xJrA
Arts C(yJncil- Smon Copitol Gffcnt5
New Wort & Tolenl Fvr¥J
Theotres Trust
Phllp Come Trvsl
Mccorn's Proiecl
cultu￿ Rets"et FvtKI
Garfield Weston Foundotfjon
COAST
Mein Tw51
Eryly Yeor5 Prapcl
Y￿kS￿re i? Bu5￿81S
Oemenlto Flien
Eostfjeld PACT
Alex Smith
Town Centre Tecn)
KI￿bY Foundolion
DemenlK) Frien
20.935
l.(X>2
13. 1041
29.227
21.937
352.2C()
36.504
1.595
7.277
1.595
I2.7￿)
23.787
2.760
18.7871
18501
I s.cm
35
8.833
17.920
7.292
135
17.785
7.292
131.5181
31.518
475
475
894
4.371
25
4.371
3.395
18.9101
10.ooo
3.395
18.9101
10.000
448.853
25.688
474.541
IOTAL FUNDS
1.126.585
123.952
1.250.537
Poge 24
continued.,.

SCARBOROVGH THEATRE IRUST LIMITED
TRADING AS STEPHEN JOSEPH THEATRE
NOTES TO THE CONSOIIDATED FINANCIAL STATEMENTS - continued
For the Year Ended 31 Morch 2024
21.
MOVEMENT IN FUND5 - conlinued
Nel movemenl in lunc15, irKluded obove ore 0$ l¢YIcws:
Goirs ond
105ses
Movement
funds
hK¢yne
ExperKSIu
Unr85ts1¢ted funds
General Ivnd
Human resovrees ond g0vem0￿e fund
2668.695
12.508.CITrI
944
I2.￿45
113.531
Reslrlcted lunds
8eneloclors occovnl
Arts Council . Smoll C¢Jpilol Gronts
New Work & TO￿nI Fv
Prllip Corrne Trvsl
Mccgn's Project
CvllLffe Refiel
COAST
Man Irv51
y Yeor5 Pr¢ieci
Deffjenl￿ Friendty IblYCI
Eoslfield PACF
Equity c￿￿nIO￿le Irvsl
Alex Smith
Town Cenlre Tecm)
Kiikby Foundolion
Demenlio Frieno
13.1041
12.1541
14.2401
123.7871
18511
127.2151
17081
13.1041
29.227
2.760
18.78?1
18501
17.785
7.292
31.381
15.C(()
19751
25
4.371
3.783
13.7831
37.INXI
133.6051
18.9101
3.395
18.9101
10.(
10.c
166.850
141.162
25.088
TOTAL FUNDS
2.835.545
2.715.115
?2.845
132.275
Compgrolive5 for rnovemenl ￿ lunds
Nèl
movement
funds
Iron5fer5
beh¥een
funds
Al
31.3.23
Al 1.4.72
Unrestricted lunds
Generol Ivnd
Innovalion fu
Humon re50LKces ond govemor£e fLThY
Avdiènce devek>prnent
Coptin Jock fijnd
730.181
1.035
132.IlY)I
121.3841
1210.OCDI
i(x).oc
521.216
67.91
28.616
S0.0(X)
449
677 732
Poge 25

SCARBOROUGH THEAIRE TRUST LIMITED
TRADING AS STEPHEN JOSEPM THEATRE
NOTES 10 THE CONSOLIDATED FIN4hTCIAt STATEMENTS - conlinutd
F+y the Year Ended 31 Morch 2024
Cornparotlves IOF movernent Ml lunds- conlinued
RestTrcted Ivnds
Benefoctors occount
Art5 Covncil- Smoll CopitGI Gronls
New work & Talent Fu
eotre5 Tru51
Pbdhp Corné Trust
Mccoin's Project
Cultuie Refief Fu￿j
Goffieky Weslon FourKlolion
COAST
hrtein Trus1
Eorfy Yeors Proiect
Fe051 INYCCI
Y0r￿h1re in Bv51r*ss
Dement￿ Fiienc
24.982
20.935
355.304
7.277
1.595
12.7001
23.787
13.104
11.9041
9.181
"1.675
12.240
115.QXII
23.787
128.0701
142.5411
.28.955
51.37d
135
670
5.560
2.760
475
16701
25.958
12.7601
31.518
475
869
d96.425
47.572
448.853
TOTAI FUND5
1.220.t1>6
100.0211
1.126.585
Comporolive net movement in functs. incI￿￿ed n Ine cknve ctre os folows..
Goiw ontj
losses
Movement
in fund5
ome
E¥peneiturp
UThestrictèd Ivnd5
Generol fv
Innovotion fun
Human resovrces ond govemorce
1248.654
12.248.0521
132.1001
21
433
1.035
132.1(X)I
43
Resmcled luftds
8eneioclors accounl
Arts Covncil- sma￿ Cffjilcl Gronls
New Work & TO￿nI Fur
Theolres T(usl
Phllp Caine Trus¢
AAcCain's Project
Cullvre Refiel Fu
GarfEld Weston Fo¥ndation
COAST
Arteln Tru5f
E¢￿¥ Year5 Project
Feosl INYCCI
Oementio Friencty INYCCI
14.8581
13.1041
14.0471
13.1041
11.9041
1801
115.CKJOI
23.787
128,0701
142.51 I I
7.277
1801
115.ClJOI
16.2131
128.0701
142.5411
16701
114.4861
14.3601
1.069 ￿2(￿)
10701
25.958
12.7601
809
40.444
81.201
1 ?8.7731
47.5721
IOYAL FUNOS
2.329.￿5
12.a30.3091
433
100.0211
Poge 26

SCARBOROUGH THEA7RE TRUST UMrrED
IRADING AS STEPHEN JOSEPH fHEATRE
NOTES TO THE CONSOUOATED FINANCIAL STATEMENTS . eonlinued
for the Year Ended 31 March 2024
22.
RELATED PARTY DISCL05UIIES
One dfector dso. sits on the tootLI of sC￿EX￿o￿h I￿alre Devewrnenl Trust. wf#) c>wn the freehokl
proF)erty Iri)rn wtrich the group opwoies.
ring the yeor. lent of £27.5C¥) 12023.. -27.￿￿) w05 wid lo Sc<xbofOLyh" Iheotre Development Trust
undei the term5 of tl* le05e. A loon eiist5 trÈweeA the Iwo compor•es 0$ shLw4n in note 17 to. I
occ￿nts.
23.
UIIIMATE CONTROLIING PAIIIY
'The chority ￿ thder conlid of b(NJrd of trustee5.