## ## ## |**CONTENTS**|**PAGES**| |---|---| |ReportoftheTrustees|**1t ii**| |Independentexaminer'sreporttotheTrustees|**12**| |StatementofFinancialActivities|**13**| |Balancesheet|**14**| |Notestothefinancialstatements|**15to22**| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2024|2023| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| ||Note|funds|funds|funds|funds| |||£|£|£|£| |Incomefrom:|||||| |Donationsandlegacies|3|124,110|5,470|129,580|31,166| |Othertradingactivities|4|274,054|-|274,054|249,090| |Investments|5|3,986|-|3.986|1,216| |Total||402,150|5,470|407,620|281,472| |Expenditureon:|||||| |Raisingfunds|6|(43,411)|-|(43,411)|(39,250)| |CharitableActivities|7|(223,817)|(30,155)|(253,972)|(265,310)| |Other|10|(14,636)|-|(14,636)|(10,916)| |Total||(281,864)|(30,155)|(312,019)|(315,476)| |Netincome/(expenditure)||120,286|(24,685)|95,601|(34,004)| |Transfersbetweenfunds||-|-|-|-| |NetMovementinFunds||120,286|(24,685)|95,601|(34,004)| |ReconciliationofFunds:|||||| |Totalfundsbroughtforward||491,796|1,774,070|2,265,866|2,299,870| |Totalfundscarriedforward||612,082|1,749,385|2,361,467|2,265,866| ## ## ## ||**Note**|**2024**|**2023**| |---|---|---|---| |||**£**|**£**| |**Fixedassets**|||| |Tangibleassets|15|**2,203,713**|**2,059,082**| |**Currentassets**|||| |Stocks||**3,715**|1,132| |Debtors|**16**|**35,814**|**33,933**| |Cashatbankandinhand|||| |TotalCurrentAssets|||| |**Liabilities**|||| |Creditors:AmountsFallingDueWithinOneYear|**17**|**(45,740)**|(45,452)| |NetCurrent(Liabilities)/Assets||**157,754**|**206,784**| |TotalAssetsLessCurrentLiabilities|||| |Creditors:AmountsFallingDueAfterMoreThanOneYear|||| |**NetAssets**||**2,361,467**|**2,265,866**| |**FundsofTheCharity:**|||| |**RestrictedFunds**|**18**|**1,749,385**|**1,774,070**| |**UnrestrictedFunds**|**18**||| |**TotalFunds**||**2,361,467**|**2,265,866**| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |**Incomefromdonationsandlegacies**|**2024**|**2023**| |---|---|---| ||**£**|**£**| |Donations|**104,627**|5,440| |Subscriptionsandgeneralincome|**24**`,`**453**|19,726| |Grantsreceived|**500**|**6.000**| ||**129,580**|**31,166**| ## |**4**|**Incomefrom othertradingactivities**|**2024**|**2023**| |---|---|---|---| |||**£**|**£**| ||**Communityhires**|**11,531**|**16,815**| ||Boxoffice|104,940|89,761| ||Bartakings|65,405|62,461| ||Theatrehire|**92,178**|80,053| |||**274,054**|249,090| |||| |---|---|---| |**Investmentincome**|**2024**|**2023**| ||**£**|**£**| |Bankinterestreceived|**3,986**|1,216| |||| |---|---|---| |Raisingfunds|**2024**|2023| ||**£**|**£**| |Barpurchases|24,161|20,508| |Catering|**764**|834| |Managementcharge|18,486|17,908| ||**43,411**|**39,250**| |7|Expenditureoncharitableactivities|Note|**2024**|**2023**| |---|---|---|---|---| ||||**£**|**£**| ||Theatrerunningcosts|8|**249,682**|**259,902**| ||Governancecosts|**9**|**4.20**|| ||||**253,972**|**265,310**| ## ## |**8**|**Analysisoftheatrerunningcosts**||||| |---|---|---|---|---|---| |||**Unrestricted**|**Restricted**|**Totalfunds**|Totalfunds| |||**funds**|**funds**|**2024**|**2023**| |||**£**|**£**|**£**|**£**| ||Servicecharge|625|-|**625**|525| ||Waterrates|2,256|-|**2,256**|1,534| ||Lightandheat|32,776|-|**32,776**|34,973| ||Insurance|8,251|-|**8,251**|18,987| ||Maintenance|11,347|-|**11,347**|11,847| ||Theatrehire|31,543|-|**31,543**|24,177| ||Theatrebuildingmaintenance|30,394|10,470|45,864|55,611| ||Cleaning|13,575|-|**13,575**|16,448| ||Productioncosts|22,710|-|**22,710**|22,171| ||Generalexpenses|1,345|-|**1,345**|567| ||Boxofficerunningcosts|3,484|-|**3,484**|4,429| ||Publicitycosts|28,798|-|**28,798**|25,540| ||Theatrebuildingandequipment||||| ||depreciation|27,423|19,685|47,108|43,093| |||219,527|30,155|**249,682**|259,902| |**9**|**Analysisofgovernancecosts**|||**2024**|**2023**| |||||**£**|**£**| ||Independentexaminersfee|||**2,799**|**2,947**| ||Legalandprofessionalfees||||| ||**Total**|||**4,290**|**5,408**| |**10**|**Otherexpenditure**||||| |**Otherexpenditure**|||| |---|---|---|---| ||**Unrestricted**|**Totalfunds**|Totalfunds| ||**funds**|**2024**|**2023**| ||**£**|**£**|**£**| |Generalexpenses|2,510|2,510|1,089| |Telephone|3,049|3,049|2,746| |Print,postandstationery|2,259|**2,259**|**600**| |Bankcharges|6,570|**6,570**|**6,216**| |Officeequipmentdepreciation|248|248|265| ||14,636|14,636|10,916| ## ## |**11**|**Netincome/(expenditure)fortheyear**|**2024**|**2023**| |---|---|---|---| ||**Thisisstatedaftercharging:**|**£**|**£**| ||**Depreciation**-OwnedAssets|**47,356**|43,358| ||Independentexaminationfee|**1,000**|1,000| ||Nonauditservices|**1,800**|1,947| ## ## ## ## |**Tangibleassets**|||||| |---|---|---|---|---|---| ||**Theatre**|**Theatre**|**Office**||| ||**Building**|**Equipment**|**Equipment**||**Total**| ||**£**|**£**|**£**||**£**| |**Cost:**|||||| |At1April2023|**2,439,547**|**406,280**|**15,528**||**2,861,355**| |Additions|**130,169**|**61,818**|-||**191,987**| |Disposals|-|-|-||-| |**At31March2024**|**2,569,716**|**468,098**|15,528||**3,053,342**| |**Depreciation:**|||||| |At1April2023|**498,384**|**288,937**|**14,952**||**802,273**| |Chargefortheyear|**21,760**|**25,348**|**248**||**47,356**| |Eliminatedondisposal|-|-|-||-| |**At31March2024**|520,144|**314,285**|**15,200**||**849,629**| |||||-|| |**NETBOOKVALUE:**|||||| |**At31March2024**|**2,049,572**|**153,813**|**328**||**2,203,713**| |**At31March2023**|**1,941,163**|**117,343**|**576**||**2,059,082**| ## ## |**16**|**Debtors**|**2024**|**2023**| |---|---|---|---| |||**£**|**£**| ||**Tradedebtors**|**9,738**|**7,035**| ||**Otherdebtors**|**7,928**|5,155| ||Prepaymentsandaccruedincome|18,148|21,743| |||35,814|33,933| |**17**|**Creditors:amountsfallingduewithinoneyear**|**2024**|**2023**| |||**£**|**£**| ||Tradecreditors|**10,664**|9,398| ||Othertaxationandsocialsecurity|**6,788**|6,176| ||Othercreditors|**11,370**|13,608| ||Accrualsanddeferredincome|16.91|1E?7fl| |||**45,740**|45,452| ## ||**Balance1 **|**Income**|**Expenditure**|**Transfer**|**Balance31**| |---|---|---|---|---|---| ||**April2023**||||**Mar2024**| ||**£**|**£**|**£**|**£**|**£**| |Generalfund|**3211496**|**402,150**|**(111,564)**|-|**612,082**| |Designatedfunds|170,300|-|**(170,300)**|-|-| ||**491,796**|**402,150**|**(281,864)**|-|**612,082**| |**Analysismovementinunrestrictedfunds**-||**previousyear**|||| ||**Balance1 **|**Income**|**Expenditure**|**Transfer**|**Balance31**| ||**April2022**||||**Mar2023**| ||**£**|**£**|**£**|**£**|**£**| |Generalfund|**510,808**|**276,172**|**(295,484)**|**(170,000)**|**321,496**| |Designatedfunds|-|**300**|-|**170.000**|**170.300**| ||**510,808**|**276,472**|**(295,484)**|-|**491,796**| |**Analysismovement**inr|estrictedfunds||||| |---|---|---|---|---|---| ||**Balance1 **|**Income**|**Expenditure**|**Transfer**|**Balance31**| ||**April2023**||||**Mar2024**| ||**£**|**£**|**£**|**£**|**£**| |Restrictedfunds|**1,774,070**|5,470|**(30,155)**|-|**1,749,385**| ## ## |Analysismovementinrestrictedfunds-previous|Analysismovementinrestrictedfunds-previous|year|||| |---|---|---|---|---|---| ||Balance1|Income|Expenditure|Transfer|Balance31| ||April2022||||Mar2023| ||£|£|£|£|£| |Restrictedfunds|1,789,062|5,000|(19,992)|-|1,774,070| |Analysisofnetassetsbetweenfunds|||| |---|---|---|---| ||Unrestricted|Restricted|| ||funds|funds|Total| ||£|£|£| |Fixedassets|454,328|1,749,385|2,203,713| |Cashatbankandinhand|163,965|-|163,965| |Currentassets|39,529|-|39,529| |Currentliabilities|(45,740)|-|(45,740)| |At31March2024|612,082|1,749,385|2,361,467| |Analysisofnetassetsbetweenfunds-previousyear|||| ||Unrestricted|Restricted|| ||funds|funds|Total| ||£|£|£| |Fixedassets|290,012|1,769,070|2,059,082| |Cashatbankandinhand|212,171|5,000|217,171| |Currentassets|35,065|-|35,065| |Currentliabilities|(45452)|-|_145457_| |At31March2023|491,796|1,774,070|2,265,866|