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2024-07-31-accounts

Trustees’ Annual Report for the period

From 1/8/23 Period start date To 31/7/24 Period end date

Charity name: Studio Theatre

Charity registration number: 253957

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To prepare, maintain, improve and
advance the education of the public by
their involvement in the production of
plays and other arts such as mime,
dance, singing and music.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and
1.19		 Production of at least 5 plays per year,
with a minimum of 5 performances each
involving an average of 50 volunteers.
Hosting of activities of local youth and
arts groups.
Support of the local Fire Brigade events.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 All trustees have been made aware of the
guidance and have all been asked to read
the published guidance.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 Studio Theatre does not make grants.
Policy on social investment
including program related
investment		 Para 1.38 Studio Theatre did not make any
investments for this accounting period.
Contribution made by
volunteers		 Para 1.38 All positions within Studio Theatre are
voluntary as we have no paid staff. All
activities performed by the theatre are
therefore subject to a contribution of time
made by the volunteers.
Other Nil

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The 2023-2024 period was a productive
year for the theatre. We have put on a
variety of shows and managed to
complete some improvement projects for
the theatre.
A Mock Trial was once again staged in
the theatre allowing the audience to come
and be part of history.
C@ST (Creative at Studio Theatre) was
initiated, consisting of free monthly
evenings of creative and educational
activities for the benefit of members and
the public.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41 Nil
Performance of fundraising
activities against objectives
set		 Para 1.41 Nil
Investment performance
against objectives		 Para 1.41 Nil
Other Nil

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 We are in a strong financial position and
made a profit for the financial year.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The current policy is that sufficient cash
is held in the bank account to cover 6
months of normal operations and costs.
Amount of reserves held Para 1.22 £35,000
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 None

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 Staged productions throughout the year
– normally 6 main shows
Venue hire
Donations
Fundraising
Bequests
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 Studio Theatre currently does not invest
funds.
A description of the principal
risks facing the charity		 Para 1.46 None
Other None

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Club status
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Elected by members at an Annual
General Meeting
Additional information (optional)
You may choose to include further statements		 where relevant about:
Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51 Nil
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Nil
Relationship with any related
parties		 Para 1.51 Nil
Other Nil

Reference and Administrative details

Charity name Studio Theatre
Other name the charity uses -
Registered charity number 253957
Charity’s principal address Studio Theatre
Ashley Road
Salisbury
Wiltshire
SP4 7TN

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee (if any)
Anthonyvon Roretz Chair Membership
Thomas Maskell Treasurer 1/8/23 - 16/7/24 Membership
Renata McKinnell Secretary 1/8/23 - 16/7/24 Membership
Hugh Abel Membership
Philippa Crundwell 19/10/23 – 10/6/24 Membership
Ruth Eacott 19/10/23 – 17/7/24 Membership
Alistair Faulkner Membership
Rowena Greenaway Membership
Antonia Harding 1/8/23 - 16/7/24 Membership
Lorna Matthews-Keel Membership
Peter Mitchell Membership
Jackie Pilkington Membership
Brian Waddingham Membership

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

None

Other optional information

None

----- Start of picture text -----
Studio Theatre 253957
Receipts and payments accounts CC16a
For the period 01/08/2023 31/07/2024
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Bar sales 16,892 - - 16,892 11,875
Grants & donations 8,414 - - 8,414 3,191
Lettings 4,245 - - 4,245 3,177
Fund raising 2,119 - - 2,119 1,735
Membership subscriptions 4,870 - - 4,870 4,985
Youth Theatre 546 - - 546 784
Production sales 31,227 - - 31,227 32,991
Interest 1,247 - - 1,247 469
Sub total (Gross income for
69,560 - - 69,560 59,207
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 69,560 - - 69,560 59,207
A3 Payments
Fundraising costs 768 - - 768 347
Bar expenses 5,677 - - 5,677 4,705
Merchandise - - - - 65
Production Costs 10,220 - - 10,220 12,599
Studio Youth Theatre 383 - - 383 1,050
Other direct costs - - - - 70
Advertising & marketing 144 - - 144 167
Accountancy fees 888 888 720
Cleaning 1,834 1,834 366
Consultancy 420 420 -
Finance charges 79 79 90
General expenses 69 69 145
Insurance 3,538 3,538 3,291
Interest paid 1,100 1,100 -
IT software & consumables - - 225
Printing, postage & stationery 212 212 78
Rates - - 70
Repairs & maintenance 19,788 19,788 4,250
Volunteer training 315 - - 315 -
Subscriptions 330 330 417
Telephone & internet 586 586 532
Travel - - 82
Utilities 10,036 10,036 8,843
Loan repayments - 20,000 - 20,000 -
Sub total 56,387 20,000 - 76,387 38,112
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 56,387 20,000 - 76,387 38,112
Net of receipts/(payments) 13,173 - 20,000 - - 6,827 21,095
A5 Transfers between funds - - - - -
A6 Cash funds last year end 57,531 25,000 - 82,531 61,436
Cash funds this year end 70,704 5,000 - 75,704 82,531
----- End of picture text -----

SectionBStatementof assetsandliabilitiesattheendof the period SectionBStatementof assetsandliabilitiesattheendof the period SectionBStatementof assetsandliabilitiesattheendof the period SectionBStatementof assetsandliabilitiesattheendof the period SectionBStatementof assetsandliabilitiesattheendof the period SectionBStatementof assetsandliabilitiesattheendof the period
Unrestrlcted Restricted Endowment
1"-itti?t!0ttsg Detaiis funds funds funds
nearestg
BlCashfunds HSBCCutrentacmunt 11,*7
HSBC Depositaccount 54,157
Totalcashfunds 75,704
(agree balarrces with receipts and payments
account(s))
Unrestricted Restric{ed Endowment
funds funds funds
Details tonearast e to nearest € toncaEst€
82 Other monetary assets
Details Fundlo which Cost{optional) Curent value
83 lnvestment assets
Details Fund to which Cost(optional) Curent valua
84Assets retained for the Building Restricted 671,973
charity'sownuse Equipment Unreslricted 39,788
Fund to which Amountdue lruhen du6
Details
B5Liabilities Loans Restricted 5,000
Signedbyoneortwo trusteeson
behalf ofalithe trustees		 Signature Print Name Date of
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Independent Examiner's Report to the Trustees of

Studio Theatre For the year ended 31 July 2024

I report to the trustees on my examination of the financial statements of Studio Theatre (the charity') for the year ended 31 July 2024.

Responsibilities and basis of report

As the trustees of the company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charity 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 the charity's accounts as carried out under section 145 of the Charities Act 201 1 ('the 201 1 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 201 1 Act.

Independent examiner's 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:

3 the financial statements do not comply with the accounting 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 financial statements 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.

Signature......................................... 2 April 2025

Shirley Hollis FCCA

Independent Examiner

35 Chequers Court Brown Street Salisbury Wiltshire SP1 2AS

Page 4 of 6

2024 Financial Statements Studio Theatre