REGISTERED COMPANY NUMBIR: 01458421 (EiyglAnd 4nd W￿e9) REGiSTERED CHA￿Ty NUMBER: 279690 Re rtofth Tru•te•Band 21124 43 C•nis¢liffe Road DL3 7EH Co•teDts of the FIlland￿ St•temeLtJ Ye 31 M*reb 2024 ReferuKe •Dd Admlkndve D8talh Report ofthe Trnrt R¢port •fthe Audlto 10 to 12 13 B*laD¢e Sheet 14 to IS Cwh Flow StthTrent 16 Notrl to the Flow Statement 17 18 to 29 MP f•r theyear Etyled 31 M•r¢h 2024 Trllsts MJ cO￿l0￿FeW TJCour AIHoh SJJan M J J8rratt (rul￿¢d 30111123) S Na8R7Jjan KSRob& BotOU8lLRoad DLI ISG 01458421 (En8l&lld al41 Wak8) 27961 udltors 43 con1￿11￿ Ro DaTlknston DIJ 7EH Delf Htsu Sothy WN8 6wr LThffTED REGISTERED NUMBER: 01458421 Re ort of the Trlltte tor tbe YearEDded 31 hIarch 2024 the fuwcial ststem¢nts of the chrity for Ibe Y￿ end￿1 31 March 2tr24. The ttu8te¢s bav¢ adorn￿ the provisioni of Awjunting Reporting by CbriLie5.. Ststet)Yrf of R¢eomttxllded Pra¢tice applicable to clwitiw pr¢pAfiti8 theiI a¢¢oullts in accoTdancc Thith the Financia] Reporting StsndaTd appliGabl¢ th¢ UK Republic ofkn (FRS 102) (effecti￿ l Jarnwy2019). The fi￿} of thc cknity i& Clevelalld Indepenthtt Thotttrt CompArny Limited how¢vcr the ¢lthrity 13 algo by ObJe¢tlvqs And xtllvld ObJe¢tfv¢s*Md #ln 11Katre Hullabal￿ bdieyei ¢r¢ativsty slThld bG PQrt of ¢vthotys thlldborAI. We ￿ prewt and advo￿1¢ f high qu8Jity cultlnl opportUDitics for childtcn because we Etlicye they are the Dwst iThportsDt a￿11¢1￿¢ ocall. Ow tho l&¥t 15 years. w¢ cslablial*d ourselY¢8 as olle of the UK'S l￿di08 ¢hildren'8 art8 chwiti¢4 with a Part￿￿1 p￿Id11￿M iD ¢r¢fytiv¢ ￿tivItIeS for taTtyy¢ar8 cknldr¢n ubltl*tr famllts lo DecErnber 2017. ￿ reaii8¢d ts ¢tream of rJpeDing a pvryy)s+built th•atr¢ tr thildrcn f&mi]i¢s in DaTlm8lcoL and ¢xbibitiotJs. We bav¢ weluKttd mOTe than 60.000 cbildrn ￿their grovrnw tr¥ The Hullabaloo to dat& The Hullknfftioo li • plac* for all stakdwlderl iti thldlK¥Jd and w¢ bdirye iti ¢ollaboTatiQD afrn88 811 areas of our wort thrivingoll & dialogue widktirtist4 commuDiti¢$ ￿parther$ a￿Ul￿O￿ w¢ canbr the best forcbiidrefy y(Amg p￿PIe and their fBmi]ieB. Beyottd The HllIlkn￿o0, with or8ani5atiOn8 kn deliw fwDdty events Tewlllly wyl Our vision is of a world wkn art 8DJ w￿1vity for children is ￿ bnl]iwrt a￿1 in4¥irng as they ¥r& Cbi]¢fr¢n ha￿ & incre•siDgly oon￿lle8ted wor]d. We undttrsknt￿ that th¢ ￿1￿1¢ quality of ow And its sLKiai Impact ¢xperie￿¢S tog¢th¢rthat to ￿ th¢ bettthey e4nbe for eathoth¢r. Po8¢ 2 TERED NUMBFR: Q1458421 f th• TrllBteeJ ror the Y¢ar 31 MAr¢h 2024 Objtdlvu Adfvltl Hw]labtho bk tbe Pvk Hullabaloo in tb¢ Park T8D from the 26th to 30th JM]y 2023. offern)g 236 oppor¢pJDities for rbildren Iklo aDd families to w 3 Little Wondvs commi58ion5 wrre pTrKnt¢d,' 8.IXIOpEopl¢ 54¥• of wer¢ r¢w. Cr￿tIve Pl•y child4¢ntr￿ collaix)ratvJ 3 creativc p]ay opell 10am . 2pm M(Athy ty Saw. 45 wxks of the year. Free N¢utodiveJye Friendly (NDF) brA)kable se4iorL* Inglal]atioJh l (April 2023 . STrptsmbcE 2023) tn8laUation 2 (Au8Wt 2(123) ]ntsll&tion 3 (Ocknber 2023 . Mhrcb 2024). I￿arter I: I new ¢re4dve p]ay ir•tslialion opened (Fatiyiale Foreyt), ¢nga8¢d 3,367 3 NDF xbi¢ved ieDce6 of46. 76% of¢Ap&W. 90%of thrte Iwdmjsitsve expetiej￿& (Tream￿) Ott 20¢b Septembw2023. NDF 31Ph ofcapaciry. ]￿erth]5 coiDcid¢d with ¢)wHullabaiw in the Park festivaL i third of the for ￿l¢b WAS NDF ￿ whlch thieved IINPA ¢apacity. Qurtr 3: Dre￿ inBtall¥tion ran tIr￿￿￿ to th¢ 5tsrt of De¢¢ttthcr* rylac•J by Soow P]ay (a Dew bespoke fegtive ]￿tallatI￿n), with att¢th¢B of 4.763 ID the quther. 91Vo of viyilDn h&Ye had positivt 6wi¢Dcey in the . d¢livtiriD8 4 in tctsl. We bave eX¢md￿ pre-pandeDllc l¢velA 7with over 13.000 audi¢n Whel the Blrd Sa DEve]opnxnt and pilot tour of When thr Birds a new da￿¢ fl*e pie¢e for 4 yeu8 ood coyodwed with in 22123. I I took plac¢ at Thc HullRbAloo: 7 sclwls (448 gudicnc4 78% cawity). 4 8eller&i public (202. 84%) The ahow wog teilewed vAth th¢ ￿eatIVe te4ni 4nd uging rejeatch and f¥tyJback from audw*¢& Th¢atr¢ Hullabalo CJIVELAND LNDEPENDENT THEATRE COMPANY TERED NUMBEIL. 0145842 Re ort t)f th¢ Trnstttg for the Yt4r Eud¢d 31 Mweb ObJ¢¢dv# #Dd *ctMtt Bab&) Y*gx tour of Bibi YaN a collt¢nwrgry fairy tal¢ for ￿ agal 6 yem aDd above in wrodwtioti Trilh Theatre Porto. Inclth pffformaJ￿eS for schools f￿nI]leS at The HullJb4100 &ttd at Theatte PortD'S llewvellu Pre¥r￿ abead of tour in Q3 (O¢toiw). lulwling eo8a8enMt th18 MtitiiDg near.Mll of 8chry)1s' pvf0rlrA￿cs at Tr&tre HuU&bAIoo. Th¢ tour included 24 p¢rfOrm￿s. 8 * Thcatr¢ Huilalth (6 for ￿lI￿lS and 2 for the publi¢k 10 *t ThcatrB Porto {1￿,tbY Part ElI¢su¥￿ Port), ￿ 6 &tTr Egg lTheatreRoyAi. Bath). Audi¢n¢¢ wacities far 12rget . a¢knD8 an avcry 73% acro￿ the tour. Th¢v wac 10 pcrft.thw (a]90 kne t4@) attd 20 ¢va]uatioDs ￿ ¢x*l. PrDgrwn7D¢ 8Dd Vtstthig CompAn Y¢ar.rnund progran)ro¢ of the4tre a￿1 dauc¢ for 0.1(￿Y￿￿OId8 aDd tbtir plus wide ran8# of family and &ctiVXli¢% at The Hul]thk￿. 4udi¢n¢e capacity. Quarttt 2: Thete Wds I visiting compw* HwlyBurly. ￿ ￿for￿￿Ed #r¢ the S￿, 12 limes art iTrErn8C 69% Lxpacity. Tbete W¢￿ 2 famiLy #vetts gJd l Lzaft eYettL Tht faroily ¢veth acbievul ¢ycity. The wticip8ti0 events ￿hl¢Ved att Ag8￿811C 55 Odedra wtth Litde Murmur. Travellin8 Li8bt Snow Mowe) tnd 60 ￿0￿￿&[￿. Audience targ￿wer¢ ¢xceeded with *v¢rag¢ capacity 81% duriogthts qiiarter. Exp￿￿10￿5 of fwmSty events were also exceethd, Ivith 6b¢ing deliyaed ID thc quarttt aloD8AdB l th•ft ¢vrnt. thlevth8 84Y4J ¢opA¢ity. 7 craft activitse5. Th¢ 8¢w Wi8bt was a ￿lIa¢￿ with S¢thian ChorcOwb￿ alld Early Yean d8we reseatct*r. D￿lja Th¢lattder, ￿ brougbt thE d¥JrntioJ81 WOTk for yow ¢bIld￿ Fields of T¢nder. aloD85id¢ a ma8thlllss for coztlplltiies (12) attd residwieu {1% exceeded family *tsvity t￿ts {12 a8wJst tar8et of S) and cttft activTrtytsrgets (13 Ag)in&ta taT8d of l2). Pro8T*nTh of ￿llaboratIve resear¢h kn &epcn P￿tte¢ iDfiuerv WOTmd thB oCpl•y and creativity ill early yeaT8 in pwthernbip vrith the Ingtituts of Social Susti¢¢ I x 3 yeor o)IIAbor•tiv¢ do¢ty)rnl re8¢a￿h Jiudcn* {JuJ* 2023. May 2026), I x po8t-doctoryi ruewch PaTth¢Tthip 5 & (Q3 & Q4) I coDfor¢n¢c platfornl 8¢ctOT ¢V¢ttt (Q4). d¢]iv¢ry of zu¢arcb paper by March 2024. Attcttd￿ &t confer¢n¢e tyl online of apprryA. 100 se¢tor on￿￿27 the irn￿t of creative plw Pro￿a￿￿kS on parntsl wellbei￿. It rna￿￿ the ¢￿￿1￿<10n of the firjt Brittsh Acadetty InDovation Fcllowsbip d¢]iYered in PArthuthip with Th¢atr¢ Hullab￿00. Th¢ wrference orwisatiom. (rdtkn tball 5 0￿0￿8). LIMITED REGISTERED I¥UMBER: 01458421 Re rt orth¢ Tnmtt f•r th• YearE4ded 31 Mareh 2024 Objeztlvu Attd actmd Llttle Wo*rJ Llttk Wonders 18 a xeries of 5 4nigt mDd981ons ￿ tho¥e dr￿lopIng their Ly088-a￿0rnL mice iti maktll8 wryk ft Qutr 2: 3 Little Wonder8 caxnmwioDB Su￿eB9￿1Y S￿Ort￿. vi4U81. ¢ircuB & thEatre artists prfyj￿ed hisb quality ialiyt for cbildrn; all pre*nted atHullabakN) itithe P& Lyawl throngb pl4y Sp￿ for the allothry for a D¢w Earty Years P￿ led by a Global Majority ¥rti8t dB¥i8D&I trj athfress under repre8￿ll in this area ofwork P]x¢• ts Hay Place to Play is J new proie£t in thi8 year. with plw to nty &zo8s Il* next 3 yEard. Th¢ aim is to tr iNluUatwJN in 6 FamilyHub8 ¥rD&8th¢ re8iOkL Publle benefit W¢ Iwve referted ty th¢ 8uidati¢e colltsitied ill th¢ Chrtiy QJryoniMioll's genual guidtye on public ben¢fit vievrillg ow in attd obiethiv¢s al￿ in plaDDiti¥ our fithwe p*tiviti¢& In th¢ trust¢os w￿ld¢r how p1all￿1 Charity Commi&qion 8lli¢tslin￿ ￿ acath¢e with begt practirt the r¢8erve& ￿l1¢Y be r¢vi¢wed ADrn•lly in liJ)r For this y¢ar, thg tn]stees 8rt an owtable re8¢m of £89.000 we be]ieYe ad¢quotdy ¢wer cik8ts of tbe cotJp4ny if itlod to be di8￿1Ve& This updated io Jun¢ 2023. Atts Council Engjalld. North EaBt proFidAt a reYew¢ 8Trnt of£254926, These Ilmdo Msed to WPFKJrt th¢ cor Fwther BUFWt from Artj Couocll F￿glaDd% Nalititwl Fortthlio fjJnditt& for the period 1st Awll 2023 to 31st Mth2026. inclthg 8 52% uplift inth¢ allttu41 of £240.000 from Tees Valley CoDthin•J A￿l￿rity to wrt Hullabtho itt tkn Park in sumw 2023. 2024 aDd 2025. A comTnitDxnt of £35110￿ Teu Valky Combintyl Autbority for the a¢w PIt¢e to P￿Y proDn brin8ing creativ¢ptsy offers to FamiiyHubB in middl￿brOug￿lttd Rede￿ & ClevelaD F&¢¢•rn r¢l•v8nt to tbe •&l¢vem¢tht orth¢ ebvlty'¥ •blectiY¢ We aT¢ gratethi for ts ongoitig suppffj of prnjKt fth PWtser8 durmg the 21Y23124 yekr as D4rliD8k Bulldio8 S¢Kiety. Dar]in8trn Rowkl Tabl4 Tees V4ll¢y CombiDedAu¢lK*rity, CowityDurbam GraDt Futithn& Catlwine IDve4tmrnt pojky •ud •bledfves dwts meet their requiremthts of & reasonable TAte of rn Trithout ¢apits] risl and ￿ predictable x¢¢J5baity to P¥8¢ 5 21 Re ort ofth¢ Trnste rfjr theYe*r Ended 31 MaTeh 21)24 KtSErves pg11ry nera] Restrv¢$ Poli The r¢s¢tv¢ is held to yustsin operations durin8 pwiods kn thu¢ is an unrnatchrd sho￿&11 in inwme r¢sour¢c8 to mr cxpenditwe. The getttt81 zes¢rYe aj at 31 March 2024 18 £1 IA478 (2023.. £183,370). De4lp*ted Re￿ryt1 Poll¢y The policy review￿ in June 2023 aod the Minin￿1￿ Wtttd fuod up]ifted ftom £A5.000 w £89,Cth with a fi￿ther ievs¢w dats of Julle 2024. orgarristh haB ￿b5￿￿181 gro7￿￿ IA atsd opmtionu 8iThx th¢ policy was last rvviewol ill lune 2023. Most ttotsbly. An yw.lift in oty Art¥ C4xllwiI ED81gr¥J (ACE) Portfolio groThiD8 expected d¢bwy ow ￿trollO of theatre. creative play. we￿CtI andproiect activity. Inveskn¢ll¢ Tee8 Valley Combined Autknity (TVCA) in th¢ Hullabaloo in the Park timity f¢Alivai. Ihnts to pbas¢ l of our Plac¢ to P]•y ddiveriD8 ptsy ill addthwol locatio South Tezs. be ID cKc¢ss of £904,000 . a 97% iti¢rew frorn tbe last ac4ouDts publishBd on the ChBrity CoDyn1￿0rt website (2021.22). This rt doD8side cbaD8es to the 8taffin8 stru¢tuff foll¢)will8 r￿l￿W iti 2022. rcw]ted in iD¢Trw8es in pernwmt or fix￿.1¢Mi contr*Cted sth8vALch cotitioue durinB the 2023.24 year. 1st Jallllory 2023 - 5.48 ￿E. 6 ]￿liVid￿lS 12th Juoe 2023- 8.73 FTE. 12 ijdlvLdll￿9 1st Sept¢rob#2023. 9.73 FT& 13 indsvid For th¢s¢ rtAStsnS the ReseTY¢s PolicywBs revievKd andWEd asthe previous atnountof fAS.000 doe4 ttotakyount for rthdw. orm11th￿ ope￿1￿￿81 alld 6taffiD8 Costs, th¢ ofdissolutiorL Tn athJitir)4 Huuabaloo in the Park b&4 & higb cAshfiow denjand ]&rgefy in 2 of th¢ fManc￿ )t8r. Ivknlst TVCA httve agrwj to pay & proportiott ofLxi&ts in *JvaD¢¢, the ¢]aim Try¢hati￿ doe$ not 8uat#th all wbtlow ¥ grtater a¢ope for djwtrday op¢rntiord colltrol of Ilre gafdy and aethtic pmvision of shw¢d spaces in The Hullabalots. which n%y incur 90ow additiottal costs. of £89,000. £25,000 and U,000 ofrnerves provision is suffid¢at to forth98e nE4d8. policy Ibo￿1dthCr&ftsr¢ berevieThTh14pkn In June 2024. CoDtinuity Fty)d. to ￿ us¢d ￿ brid8e p)$￿￿11C delayj ID receivll￿ Brants or TWtti8 pttymmt io arr¢8r8 contrA¢t& This been definsd ￿ & Mini[￿ of a thrte btyed trBdin8 &divity and is S￿¢tr￿allY relev8mt to ryor supporfw high cath.ftlow progamu* deliv¢ry e.g. Hullabtho in The Pa8e 6 LIMITZD REGISTERED NUMBEL. 01458421 Re rt of the Trwte for tbe Y4*r Ended 31 l¥laTeb 2024 Flllandal revlew (tycllcal Maintenatke FuDd - thi8 fithd is ts be for n•iot itetN of matDkn of the fabric of tbe buildiDg8 such u redecorw the intttior of Th¢ Hullabalc4J to accommodate possible a frc8hed partllership aymcnt wilh D#rfin8toJ Bornu8h Councll (8chedul¢ l of the relltsl Ic&ge for the Dis¥olwt¢)n Fulld- providos tor th¢ of di&wlution sbould 1h¢ clwity be lo eoDtinu¢. It is onty to be USEd in the evettt of the Truutees, deelding the charity Sho￿d c¢Rse to exist. It will be wed to py notice period4 redthes (Cal￿)1￿ted at i weevj pay for ¢a¢h year & ¢Otttra¢tEd staff mgrnber W￿￿ed if 40 or cr. or I. wd-a.half weeks for those 41 or OV¢T) gud the ¢xpenses of n* Tbeatro Hul]abaloo (aevel￿d thd¢p¢lldent Theatre Cqnpally) until clowre of ownls&tion. Capitsl R¢payw Fvod . this i5 to to cover 5 of annual wmlrrilrrtnts of wital The de￿￿￿ted 48 ttt 31 Nftr¢b 2024 is £113 J04 (2023: £45590) •nd indudBI & foJlowiti8 futylr. Co￿lA￿lty 59.000 24a04 £113.304 £89.￿0 Pre••nt V*]we Re4erY¢ Dariity Bor0￿￿ COU￿11 (DBQ followi08 the dev¢lopnwt of Thootre Hujlabaloo. Th¢ loaD JY89 for £251146, beth8 the amouot owed to DBC a cowndlryg notional as8etldebtor for the same aTnOUttt. The 4c4ouDiing rules that we b4ve ty ¢￿￿at¢ the Net Pre5¢w Valu¢ of both tbeBe to caloulato how to kn thetn iti our aEcowits. Htyevff. the itiucotsntr*to be uBed fore4ch 1$ dlfferellL The Crntiti)r i8 4t 6¥• Ix?Dg a rats uvd aptWBnt valu¢ ffillbl.. D4rliDgthnB0r￿kn CowJEil c4pital reyym¢nt Th¢ AdJ'wtsn¢nts priortg 2023.24 are as follow8: PV FuDds Wf by£124.684 Long temi ioall Introd￿ed &t£77.330 tcrn otbtr debtorat.. £202.014 The futth have bgeo pla¢ed litto a deJi8tiated pr¢sent Val￿ W It￿ rel¢a90d to the SOFA over the tsext 20 Oif¢ttrtie ofthe with DBC), restrict¢dre￿vc bakn￿¢ a8 a¢ 31 Mazch 2024 h £J)11 (2023: £14278). Pag¢ 7 umTr￿ REGISTERED NUMBEL. 01458421 Re rt of the Trusteei foy the ye￿ Ended 31 Marcb 2024 Governlu8 doewn￿l ch￿tty is Coll￿[1￿*d as a cornp8uy IiTDited by 8￿¢ ond is therefor¢ gov¢tLed by its men￿Tan￿ and Articks of As8￿]￿tIO￿ The dir¢¢tors of the COn￿anY xre al80 trustees of thE chanty. The cotwatty6 [¢￿stratiOn twmb¢r ' 01458421. It IS l Te%iSt￿l ch￿lty with Ch&rity Cornm￿310￿ nutnber 279690. There Ar¢ cwrendy six membu each ofwknm agree to wknl>uts £1 inth¢ ￿ellIof cbaritsble mwywitili08UP. Rttrultn*nt app•lntThwnt Of Dew trust¢ off¢red by L¥)Ard mcmbu5 and ¢xt¢rnal to th¢ tt8anisati¢)n. The Cmpany al89 hs open spplirntiop pffKe8 for r¢¢nUth￿ ofboard merni￿ tb¢ t¢rm6 of vknich thre available vix the wd)site. Or8thatlDnAI itr•eture Tr bDArd mcets fiv¢ times 8 yeaT tts thin181￿ thc ¢lThTiry. Th¢ board also oFr¥tes a wb-wp vrt￿b u¥¢ts quarterly aDd algo sub8roupg in arws of pers0￿Cl iDLWLC geDffatioD ar41 the 4iital develoEKtrnL Tlwe 8wups feed Afjd tr•lDlni •f ll¢w tnut objr¢¢ivts of the org8rriwtioJ4 a WTittcu indwtion switig th¢ roles and fWOllSLbilitie8 of trusteè% ao invitstion lo cbampiolls vkno ov¢rse¢ lll¢ltyivity & Relevance, DynaDYW Fffiirowwtsl s￿￿illIbl)lty ST￿ Ambltion & Qu Wlder network Tht4tr¢ HullabAI￿ is 4 L￿Mb￿ of thc Indet*th Theatro Coullcll (tTC). the Int￿tIO￿￿ A88wtstion of Theatre for ildren AndYovD¥ P￿Le (TYA), A¢¢iott for ATts {ACA) ￿￿1he Eumpcau Sm&ll Six St&temenl •ftrwrteu' re￿o￿libIll￿¢i The trustrcs (who are ai80 the dir￿L￿ of Ckveland Th￿tr¢ Complly limiled for th¢ pwposes of of thE 8we of affairs of the tharitable ¢oropany and of the inconn￿$ resour¢e8 and applicatioL of reaource4 incluthg . 9¢k¢t jul￿b￿ &¢c4)untingpolicies atrlthert ApplythffA Co￿18*￿. . observe the 4Dd pri￿lple9 in Cknity SORP. cornp￿Y will CO￿lm* inbusiws. the fi08ncial positiLKh of th¢ cbwitabl¢ compw & to enablc th¢m ￿ ttL8u￿ that ttr¢ IIDwial stateMa￿ ¢omply with the Companies Act 2Q06. Try we glw T¢8ponsibk for s•fr8uJrdTng the ￿ets of the cbaritablc ¢OD]PAAy beDce for Pa8¢ 8 LtMrrED REGISTERED I¥UVIBER: QI 21 Re rt ofthe Truite for th¢ Y•ar Ended 31 March 2024 Audltrl Approval byortsofthe board of tr￿￿te￿ on l I DEceth2024 aTrl sI8￿d its Ixhdfty. 414fr A l Holt- Tru4tee rt of the Indt dent Audittsn to Truj Cknidand Iad¢ eDdent Tb¢Atr¢ 8D Opl￿Oll W¢ hav¢ Audited the finwn¢iHI Strten>￿ of a¢v¢]and Jnd¢* Th¢Atre Con4MnyLimitrd (tt*'duritabie comp# for thB yw 31 2024 ￿[Ch coynprise the Sta¢¢rert of FiDanci8] Activities. the Bthnce SX the Casb low sts*M￿t aDd nirtes ￿ th¢ fiDatt¢i81 sthtetr¢nts, in¢luding a gum0￿ of sigDifiwit aC￿lln110g pokncie& Th¢ finallcial reportiug fMrn¢work that bas bECTh Epplied i4 tb¢iE weptirnti￿ is app]icable IAW and United Kingdo In ouropinion th¢ finanoiB] alatem￿ts'. 8ive a tr￿ atrl fair view of the stst¢ of th# ¢iJaritable aff4trs ¥8 4t 31 Match 2024 aThl of its Ir￿0m￿S r¢5oTrC￿ tttd appliL¥tion ofMource4 in¢ludiD8 its iDCOmC al￿ expetrjiture, forthe yegT t1￿￿ enthl. . hav¢ b¢en prepareAI in acconkn with the Tequir¢rneDts of the Conw&ttiesA¢t 2006. aslg f•r •pknlDD We conthxted our awlit in a¢cordw vnth Tnt¢nKlional StatMl8rdy on Audilitig (UK) (ISAS (UK)) and &pplicable Lgw. Our rcsSM)nsibiiihcs Ulld￿ th0￿ $tDntsd$ are fth d¢rnlxd ix the Aty11t￿. respo￿lI1￿¢S tr the audit of th¢ rmaucial stst¢ments itction of our ryrL We aro indtpt%th of the ¢haTitsbl¢ wmpgny in accordgrK¢ th¢ ethical r¢quiT¢rn¢nts that Are rekvont to &udit of the f￿￿la1 &￿t￿ettts in the UK th¢ FRC& Ethi¢al Standard, filld have fuifill¢d our olher ethi￿1 liÉie& in a￿(￿¢ with th¢s¢ rwuiremeots. We kli¢v¢ thmt the iudit ¢Vtdetice we h&ve obtsined 18 8uffi¢ient aDd approwiate ty pmide &ba8is forouropilli CDJKlll•loDB rthtthg t• g•ln£ eolleern Baged on thc WO￿ we lJav¢ p¢rfornrMMi8t¢nt in aThy MAt¢r1￿ tospeKt YAth the firwiwl - we h&Yo Lot received all Ibe ithIm￿on and ¢xplaDatioA¥ Vle requize for ow awllt P88¢ 10 ort of th¢ Inde end¢nt Audltorl to the Trwtees of aevel￿d Indt Jendent Theatre )aibW ReJp•nslbllltl•J of trustees As ¢xplain¢d llwr¢ fi￿Y in tho St4tetTL¢mt of Tn￿t￿￿' 11&8poL4ibilities, the trug¢Ees (%ao th¢ di￿Or8 of thE ctwii¥bl¢ ¢DA￿allY for the pwp05es of eowpally iAwI ar¢ respoMii%lr for tts• pr¢w*ioti of the fiDallcial statemeDts dnd for bein8 satisfied th41 they Sive a trye and fairview, And for wch internal control as tru5t•es det¢rmiti¢ 1$ n¢¢¢ss4ry io enable preparation tsf fin￿tial st&temetLts sre free from material miutatets*nL wherher due to frsud or etror. In pr¢p4rin8 the fjDanci81 slateme￿S, tbe trustees are responsible for a55CSSiLB th¢ ¢bwitable compatys ability to ¢onlirtue A# A goin8 concEr￿ di$clo$in& ai 8ppli¢able, mNttrT$ related to goin8 Co￿ And using thè goitsg ¢Dn¢¢rn is of 4ccoimliAg UD]¢ss tho ttv3t¢¢B either int¢nd to Jiquidat? th¢ ¢F4rit4ble or to ¢ease op¢ralion6. or hav¢ ts) reall￿1¢ altenwtiv¢ bul to do w. Our T¢￿on￿bIllI]e¥ for the oudlt orth¢ f￿￿d￿l Jtst¢tDtnts We have been &ppoitLted as auditols under S￿ti￿rt 145 of th¢ Clwiti¢$ Aci 2011 Ipport ill a¢cordall¢¢ wryth the Act alldrclevallt r¢guiatioJsJne& or b4viDB e￿E ther¢und¢r. Our objectivES to obtain msomabl¢ a65urance about the fjn8D¢iwi stateD￿ts a8 & whole ftre free from mal¥rial misstst¢inen( whdher due lo ftaud OT error, and to ISSU¢ A Reyort of the Ind¢pend¢nÉ AuditQTS that in¢ludes OUT opinion. Reasonable ￿SUr￿nce is a high level of &ssurance, but i& nDt a 8uarnnf¢e th41 ￿ audit conducted in &ccotdaThc¢ with ISA5 (UK) will always dete¢t & nM*iial mis5t*teme#t it exists. Mi8stAt¢ments can llrise from fraud OT etTrr alld ar¢ ¢onSIder￿ nwterial if, itrjividuolly or iu the a￿¢s8t¢, they Could re4sottably be exp￿trd to intlu¢nK the coomi¢ decisions Oru￿ tok¢o on the basis of these fillan¢io1 statements. Th¢ extent to whieth ourproeethr6B are capible of dotecthjg irr¢gulariiies. including frwd 15 dotailed belovr. Our 2pproach to identifyin8 and A5SCS5in8 th¢ risks of material mi55tthment in reapxt of irrwlaTiticB, ineluding fraud and nonrycompliance with14wry and re8Ulatio￿, a& follows.. the eDga8ement partner enwred thllt the en8agement teatn collerti￿lY th¢ appropriak competenc capabilitie5 and ski115 to identify grrecDgnis¢ no￿￿4)￿P11￿n£e with 4ppliuble laws a￿1 re8ut￿lonS. we identÈfied the jaws aod regulfitionq &ppli(xbl¢ to the compny through di5￿$10n8 with dir¢¢ror8 aDd other and fromourconllnercial knowledge and expericnGE of the s¢¢roTS in wlnich the company OF¢rate5,' we f(¢ll￿d on 5PEcifJc It￿ and re￿llatiOnS whieh we con5id¢r•l may have 4 dirKt ¢ffECt on th¢ ruw￿18} st&tementy or the op¢14tson8 of the conyny. including the Comp•nits Act 2(Kkn, Chuities Act 2011. tsxlltion legislatioJ4 data protKlion eompliance, Ints-bribery, 6mploynKn( s&fe8wdiD8. environ7nentsl IKalth and sBf¢ty legt618tio W¢ $18es$¢d th¢ ¢xt¢nt of ¢ot)Jplianc¢ with tbe laws ￿)d ￿BulatiOnS identified above through making ¢r4UiTiE5 of End inspectSng Itgal COFrcapoftdert¢t' and id¢ntifi¢d laws and r¢gU￿￿On8 wetE communi¢ated within th¢ Rudii team re8ulaty Wmi the tcarn alErt to Insta[￿ of rwJn¥¢ompliance thmu8knut the awlit. ThescpTocedweB did not identifyanypolentiajly nuterial acluai or5U5PeCtrJJ ELOnw¢ompli8oee. We as8¢88ed th¢ SUSCWibillty of the ￿Mpa￿6 fi￿n¢18)S18￿nxnts to mat¢riNI mis¥l•t¢nrt inGluding Dbtsinin8 0 nderstsryjing of how fraud mi8bt o¢aw, by.. Tnaking enquiries of rnanagemeat as to whcrc they c4Jnsid¢r•d there 8us•ibility to fvAud their knowl8dge of 4¢1ual. 5U8pe¢trd And alleged fr4ud' nsid¢rittg the in¢¢Tnal ¢ontrols in place to mil58￿¢ rlsk& of fraud and non-compliancc with 18w5 hnd re8ulations. Pigell Re Drt ofthe inde ¢ndent Audltorl to the Trust Clevel*nd Inde )eRdellt Theatre To address thc risk of frwd through M￿gell￿t biHs ond overrid¢ of eontrois, we.. performeAI aoBlytical PTo¢edure$ to identify ally unusual or Y￿XPected re￿tiOnshIp8. r¢vi¢w¢d maierialjournal entri¢5 to identify wiusuAI t￿ll￿¢ti￿9 orp08titiE by unusual users: as5e$s¢d whetherJudgcTn¢nts atid &ssllJnption8 made in deternll￿ th¢ aeeouttting ¢stirote8 WTr¢ ijmlicative of pot¢ntsAI biA5; invesligatedthe ration#l¢ behitid si￿1￿caL￿ tratisacti¢)ns. In rcsFK)ns2 lo the risk of irre8uioritic# and nOTrCODJpliati¢* with14wT And regul￿10n& w¢ d¢siglled procedures included. but were not limit¢d to.. agreeitis fille￿181 staiemEnt disdoBurcs Io Lmd¢rlying supporting d￿uMen￿tI leading thc niinulE5 ormeetings of tlx)se char8cdwith 8ov¢rDawe; enquirirtg of m8ll28ement as tv Actual 4nd potential liti2ation and claims. reviewing ¢4)fT¢6poDden¢¢ with IIMRC andthe cojwgs le%￿ 8dvi8oT& Owing to thE inherent ]imilation5 of &n audi¢ ther¢ is 4th unayoidable ri8k that we m&y not have detec*d some Tnat¢rial MI￿tatem¢llts in tth¢ fiDanoial 8tstements. ¢ven though we have properly plann￿ and perfomied our audit in accordance th auth'iirAg stgndard5. For ¢xgmple. the removoj non-CDropli8Dce with laws re￿￿atiojk% is from the eveLts 8nd transacti¢)ns r¢fie¢t¢d in the finaty¢id stat¢￿￿ts. the It￿ likely the inherently lin)ited procedures rffjllired by &uditing standards would identify it. ln additiON as wiib sny atidi¢ there remains a hitsr risk of nOn-det￿tIvA of as these may involve collusio for8ery, Intention￿ amissions. misrepresentatiojjs, or the override of int¢rnal controls. (Xw audit procedurts ar desi6ned to detectmfit¢rial ini55raterneut. We we not ray*Asiblc lor preventing non-¢ompiiatKe of fraud and Cal￿0t be expect￿ to dete¢t ttotKompliaDc¢ Mth all laws & reEulition& A fijrther a￿tripti¢)rt of ow r¢sFMJ[￿IbjIIticS for th¢ a￿￿1( of th¢ fir￿￿18] #iat¢m¢nis is k*ated on theFinarKial Rwtlng Council's website at Mvw.frc.or&uklauditorsrwoNibilitie& Thls degcription p&rt of REtrtFrt of the Inde￿￿le￿I Auditors. Use Df Dur report Th&s report is made sol¢ly to the charitablc c4)nyn*s ttwtee4 $1 a body. it) 8¢cordanee with P4rt 4 of th¢ Charitie (Acco￿ts and Repotts) Rc￿tio￿ 2(K)8. Our audit work ha9 be¢ll Under￿en 30 that we migbt gtat¢ to the cbaritabl¢ Comp3n￿8 truthey thos¢ m8ttery we ate requited to st8t¢ to them tll an ￿￿]tors, report 8nd for AO othtt purpos& To th¢ Ilest extetht PEThittEd by l•w. do ttot a¢¢ept or assume resp)nsibility to Anyone other than th¢ ¢baritsble company nd th¢ ¢lwitable coMpatt￿5 tswt¢¢s a8 abody. for our audit work for this r¢poru ot for th• optnions w¢ hayc fDnllBd. for on beblllf of Mltchell (3ordon LLP Ac¢ountsnts artd Staw Auditor Eligible to Act as an auditor in t¢rn)s of 1212 orth¢ Cowies A¢t2006 43 Coni8¢1iff¢ Road Darliti8ton Co. DuTb&rn DL3 7EH D41¢'. PaBe 12 Statexwit of Flnand*l ActlvEtle¥ Year Ende4131 Marth 202 3113124 Total 31r3123 Total UDrestri¢t>J Ra￿leted as restated l]K4nJ¢ •nd &￿071￿¢￿ts from 2.939 1939 1476 397￿53 172,870 570.523 298214 195217 2212 195217 2212 91114 847 598,021 172.870 770.891 393.651 3399B 33.998 11.992 578.803 180287 759,(YJO 383fi58 612.801 180,287 793,088 395.650 NET INCOMFJ(EXPENDrruRE) (14.780) 6,861 (7.417> (6061) (22.197) {1.999) Net Moveme￿ ID (7.9]9) (14.278) (22,197) {1.999) Rerwi¢lll*h)n of (￿d$ 353.644 14,278 367.922 369.921 345.725 345.725 367.922 Page 13 CLEVELAND IVDEPE￿DE￿ry THEATRE COMPANY LIMITED B•laTrce Sheet 31 March 2024 31f3124 Total nd5 Unrestrrct2d fimds 3113123 Total futyls as restht¢d Restrtcted fvnds Fixed ossets T￿8]ble assets Notes 16 7.230 7230 2J35 Current assets Debtor5 Cash ai bank in hand 17 279,435 188,968 279.435 188,968 239,075 241,002 468,403 468,403 480,077 Credltorg Amounts falling due within one year 18 {48,309) {48,309) (20,3021 Nel curr¢Tr¢ #&¥ets 420,094 420,094 459.775 Trfbtal less current ￿&bIlitieS 427,324 427,324 462.110 Credltors Amounls fallin8 due after more than one year 19 (62,123) 162,1231 {74.190) Aeeruab Ind dtferred Sncome 22 {19,476) (19.476) (19.998) NET ASSETS 345,725 345,7Z5 367,922 Funds Unrestrict¢d funds.. G¢n2ral fund Designated fund Present fund 23 116,478 113,304 115,943 183,370 45,590 124,684 345.725 353,644 Restriet¢d funds.. Capital project Hullabaloo in the Park Play on Preseriptiutt 6,861 7.018 399 14.278 TDtal lunds 345,725 367.922 The ch2ritable cOM￿nY is entit]ed to exernption from audit under S¢¢tion 477 of the Companies A¢t 2006 for the year ended 31 Mi arch 2024. The members have not deposited notice, pursuant to Se¢tion 476 of the Companies Aci 2006 requiring an audit of th¢se rmo￿la1 gtatements. The not¢s fonn pgrt of thes¢ fIna￿l&l staternents Pige 14 continued... CLEVELAf*D INDEPENDENT THEATRE COMPANY LIMITED BBlance Sheet- continued 31 March 2024 The trustets a¢knowl¢dge their responsibilities for (al ¢nsuring that ihe ¢harilable company keep5 accounting T¢￿rdS that comply with Sections 386 and 387 of the Compani¢s Act 2006 and preparittg financi&l statemet)is which 8ive a true and fair view of the state of affair5 of the charitable eompany As at th¢ ¢nd of each finAncial year and of its sutplus or d¢ficit for each financial year in ￿cordanCe with the IEquirettL¢nts of Section5 394 and 395 and whirh oth¢tivise comply with the requirements of th¢ Companies A 2006 rel￿)ng ￿ finNn¢ial staternents, so far as applicable lo the charitable company. (bl Th￿¢ fin8￿cIal ststements have been audited uThJer th¢ requirernents of Se¢tion 145 of the Chgrities Art 2011. Th¢se financial ststements have been prepared ill &ccordonce with the provisions appli¢abl¢ to charitsble companics subject ￿ thE small companies regim¢. The financial statements were Èpproved by the Board of Thist¢es and authorised for issu¢ on I l December 2024 and werc Signed on its beha]f by.. A l Holt- Trust¢e The notes forni part of these flnanciai statcm¢nt$ Poge 15 CLEVELAND LYDKPENDENT LIMITXD bFI• ded 31 Mlrcb foy tbe Y 3113124 3113r23 a¥ Testated C4th llThi from oper*tlng •ctlvltkg Cash generated from ope¥ati(￿S (36.120) 23.873 Net cash{u8ed inypTOvid￿bY ow&ling a¢tivili (36.120) 23173 flo￿ from lttvuikng Aedvltle4 IlJYch&se of fixed ￿sets (5.569) 2212 (1835) Net casb uwj in knvesting*tivities (3,357) (198 Ca8kn nows fjttAnel•E A¢tlvld I￿all repaytuts in yeor (IU57) Nrfcath (us¢d illywovl￿bY finaDcing activitt¢l (12￿57) (52,034) 21J85 C*ih and euh tqvfv￿￿ts *t the beRIDnlng of the reporllttg p•rhd 241.(J02 219,117 CA•b And ¢Ath eqth*lents at thÈ o•d•f the reporthg wiod 188.968 241,(X12 Thenot¢s fom] pHrt ofthu¢ fllwKial itatenients Page 16 COMPANY LIMrrE Not¢$ t• tht Cth Flow St•temeDt for th¢ Year EBded 31 M*r¢h 2024 RECONCITJATIOY4 OF NET EXPENDITURE TO NET CASH FLOW VROM OPERATING 31rJr24 31n123 as re8tAt h'et e*¢ f•r tkn rep•rdng perlod (¥ per the Slate4llellt of Flu￿¢1￿1 A¢tlvl¢lcs) AdJwtDwDts for: Depre¢i&tion cb (22,197) (139)) 674 12212) (19.391) 8251 (29,221) 27.976 3,699 184T) 7J52 47LI (12,293) 27.491 Thehtre ￿ ￿lief Net euh (Rwdknyprovhled by operAdouY (3(120) 23.873 ANALYSIS OF CHANGES ll¥NET FUNDS At i/￿23 Ca*L llow At31r3n4 Not tath 241.(￿2 (52.034) 188.968 241.002 (52.034) 188.968 D¢bts fallin8due after l ye (74.190) 14067 {62,123) 174.190) l2.067 (62.123) T•tsl 166.812 (39.967) 126,845 Pa8e 17 N•tes to th¢ Fitt*t￿lI1 StatemeDts for the Yur Ended JA M•r¢b 2 ACCOUNTINGPOLIaES Basts olpr¢p8rlng the thando1 s*Ydtsrneths The fllllncial sÈftieM￿ of the Ch￿l￿ble conyry. wbieb ig a public benefii entity tyMl¢r FRS 102. h&ve beeD prep￿ed in accorthe with tbe Clwilies SORP (FR5 102),A￿DtitiI alld R￿ortill8 by ch￿lties.. Stat¢mo Ryrtii)8 Standard applithle in th¢ UK &nd Republic of Ir£]and (FL8 102) (effective l Jaouary 2019y'. Finar￿la1 Rewti￿8 StsodaTd 102 'Th• Fittan¢ial Reportitig StArMlard applicable Tn thc UK and R¢publie of trel&nd' and th¢ Compdtiies Act 21)06. Th¢ fu)w¢i81 ha￿ be*tt prepared wnd¢r the biA(OTi￿ ￿5¢ The tnJ5*es hm glven ccwideyotirn to the 80ing Conoern status of ￿ thrity. 8tMI b¢li¢ve the rhltity to ￿ # going eAJtt¢errL BThlgets ha￿ beve. as follov 31tsn4 31rar23 as retht¢d Teu v￿kY CoMbi￿A￿lbr￿lry Gillian Di¢kin&on TnJ# 156269 16,600 2.730 20.￿0 180,599 432 R•lsinz d•b&d•mi and kgad¢• 3113n4 31r3123 as testated 33,746 252 33,998 11.992 Pw20 Nrte• to the for the Y￿r Ended Support cortv (see rthX¢ 9) Tots Clthritsble adivitiu 558,622 21￿.468 759.090 GRANTS PAYABLE 31r3124 3113123 a5 r￿tated Clwitablea¢tivities 21 SIIPFORT COSI3 142 J59 48.638 9.471 2[￿.468 3l13n4 3113f23 7500 3,421 3.344 826 2.873 21979 674 34.018 ii. 31 March 2023. There weTEllO ¢%P¢DBe5 pmd forth& etsled 31 Marcb2024nor fty the ye•rer&d31 Mtr¢h2023. Page 21 Notsi to the Fthxnelal Statstt*nts. ¢•tttllln¢d for tbe YeAr Ended 31 hlarch 2024 11 STAFF COSTS 31nn4 3113n3 Wages aod ulari 294530 18251 6,131 173,1 7.378 1.983 Ot1￿ PEnsion colts 318.912 181521 Th¢ av¢rn8¢ monthlynuntser of ¢mployees dryth8yeorwa8 ay foll¢M: 31f3r24 3113123 awit&bie actiiTrties 18 12 21 14 13. Totsl Income thdoiyments f 1476 2,476 Clwhable 4¢dvltl Cbaritablc a¢tiviiie$ 275,924 22290 2982l4 92.114 847 91114 Total 371.361 22.290 393,651 Raising fiumlg 11992 11.992 ClwrltAbie Aedvltl CharAtabl¢ activiti¢8 355285 28.373 383.658 Totsl 367277 28.373 395.650 4.084 3.139 (6.083) (3,139) {1,999) Tra￿artrI betweeD fvxd# Net mov¢Jry¢nt lrt fvud8 (9222) (1.9991 of tUDd• 346.421 235 369,921 Pw22 LE NoteB to the FlnamdAI StAtenwits- eontlttued ror theyw Endtd 31 M4r¢b 2(124 13. COMPARATIVES FOR THE STATEMENf OF FDIANCIAL ACTIVITIES. eolltlnued Total futtdl t￿￿1•d 353,644 14278 367.922 I& PRIOR YEAR ADJUSTMENT Debt0￿ creditors aDd fimds have been &djusred to itic1￿ a loan r¢uiv¢d fro￿ Darlitislott B¢)rtsDgh C￿￿11 o dw¢lopm¢nt of Theatre Hullabaloo. foT firther11jforn￿lOll plea8¢ r*to TruJtr£y R¢￿t Ipa8¢ 7). 1% INrANGIBLE FIXEDASSE13 COST At l Apri12023 80d 31 March 2024 27.500 AMORTISATION At l April 2023 and 31 Fdarth 2024 27,500 IYETBOOK VALUE At 31 Marcb 2024 At 31 March 2(Y23 16, TANGIBLE FIXED ASSETS Totals COST At l April W23 10.387 5J69 21.964 31351 5.569 At31 March 2024 15.956 21.964 37.920 DEPRECIATJON At l April 2023 8.052 674 21.964 30,016 674 At 31 March 2024 8.726 21.964 30.69) NET BOOKVALUX Al 31 March 2024 7230 7230 Ai 31 March2023 2,335 2J35 Page 23 OMPANY tes to the FID eMe]￿- ¢•tttlttu ed 31 Marelk 2 17. DEBTORS 3113Q4 31r3r23 rcstated Atllounts falling du¢ withirL one >raT'. Tr8d¢ d¢btors Other (kbtors 39,441 3,938 21.679 1.446 41.070 5,163 85,674 37,062 193.761 202.013 279.435 2J9,075 31ts124 3113r23 27,998 5,365 lJ17 250 13.379 6.074 3,379 861 250 9.738 &)eial ￿rity and other taxes Other ct¢ditorB Net wages 48J09 20J02 19. CREDrroRS: AMOUNTS FAIIINGDIIE AFTER MORE THAN ONE YEAR 31rJ124 31nn3 Otlw loaos no* 20) 123 74.190 21L LOANS An walysil of the matirity of 10A￿* ix giveThbclow. 3113n4 3113r23 oth￿ lo￿￿% rtwr¢ imtsl 62,123 74,190 The lo￿1 is iDterESt fr¢e. Pw24 CLEVELAND INDEPEND￿NT THEATRE COMPANY ntlnued l Mar h 2[124 for the Yew E*ded 21. Mi]]1￿1¢9￿ p4ythents uD&r non-c&￿¢￿￿bIe ope* fall as follt)W8: 3113124 3113123 aq ze*ated 33,425 91.829 356.408 28,047 100.552 377296 Betw¢ell onE and five years 481.662 505.895 leue b¢ldwith Darlingkn Borough CowKil. 31nr24 3ifJ123 19.476 19,998 31￿r24 3113123 Balanc¢ 88•t 18t April 19.998 (19.998) 19.476 19.998 Ball￿￿4 •t31JtMar¢h 19,476 19,998 Pw25 THEATRE C.OMPANY Notss to tbe FIDgncIAI stxtenw￿- eonthiu¢d Year Ended 31 Marth 2024 23. N¢t TratIsf￿8 At 114ll3 in fimd$ fimds 3113ll4 UDre•trkted fuDds 183,370 45,590 124,684 (6,039) (60,853) 67.714 116.478 113J04 115.943 Designat￿￿ fiwd (8.741) 353,644 (14.780) 6.861 345,725 Capital proj¢d Hul]abakn the P Play on Pr￿riptiO[L 6,861 7.018 399 (6.861) (7.018) (399) 14278 17.417) (6,861) TOTAL FiJNDS (4197) 345.725 N¢t nx)V¢Dxnt in fuDd& it*lwltyl indw above a8 follow8: Unratrkted fo4d• Gellernl 591021 (604.060) (&741) (&039) (8.741) VAiv¢ thd 59&021 (612,801) {14.780) Hullabajoo in th¢ Park Play on Pr¢8oiplion IW68 (129.886) (399) (50,fA12) (7,018) 1399) 171870 (18028T) (7,417) 770￿] (793.088) (22,19n Page 26 Notu to the Vl•and - ¢•nthiued 23. MOvEmE￿T IN FiJNDS. ￿￿tIn•*d CoThyAr*dv¢y In tundj Net At 3113r23 At 114f22 UDrestrl¢ted fuDdB 217.814 (37.583) 45,590 {3.923) 3.139 183.370 45.590 124,684 Presetstvdur fimd 124607 34Q421 4.084 3,139 353.644 Capifal proiert EFF Little Worthr8 io.(KN) (3,139) Q861 {13,5Crt)) 7,018 399 7.018 399 23500 (&083) (3,139) 14278 369,921 (1.999) 367S22 325,361 46,￿0 (362944) (410) {3,923) (37.583) 45.5 {3,923) 371 J61 (367277) EFF little Wonderj Hull8bAloo ltt the Park (13.500) (10272) (4.(All) (13 300) 7,018 399 17290 22290 (28J73) 16.083) TOTAL FtINDS 393ffj51 (395.650) {E,999) FuThd8 available for u*e atthe diwetion of th¢ Tr￿lte¢S to fiwth¢r4Thyof th¢ Fury Deslpth41 fund8 C•phal repaywt f•Dd Pa8¢ 27 Notss to the Fhwlcl￿ St•tell*nts- VJnthiue41 ror the Yew EHdod 31 Marth 2024 MOVEMENT IN FIJTrIDS. ￿n$lA￿*d Hullabzloo ts the Park Darlington B{￿Ough co￿¢11 have a Mtellt* powanmlle for th¢ f￿1val ttrou8b their Holiday Fould bc display￿1 •tth¢ f¢stiV81. CreAdv* Pl4y SeMIoD¥ Marky Spencer tnade a dwitable dollati¢￿ frorn th¢ir N¢i8hbDurfy to Hvllaballoo H05t Cydcal Mal￿te￿an¢* Held for future repairs to Theatrc Hullab￿00. Held for rethmd2twpwpow shou]dthe C￿ltyhave￿ ¢108e. Pr¢wit Vth Fund Capltslpr•jtt* The ￿lt&1 bjthd is tobE wvJtowllrdJ capitsl T¢p4yrnents paytsbk toDarlw coll￿1L EFF Uttle Wollderi Hullab*loo In tlte P￿1( . to support tht ¢levekn• of the Hullab4100 in the Path fe5tivaJ. This p￿)¢¢¢ aiTt* to ¢stsblisb a model of th* fErtivaL ¢yJ888U Grnnt8 bav¢ bmn r¢¢¢ived from • of indwding Tec$ Valley Action. dev¢10p￿ of ow pion¢¢rini Play Prwiption progrnmw swJportsDg pwtnts and ¢bildren to Creatlyo play Gr￿ts baye bccn ￿etIve￿ 4 nmnber of 8ourcrf in¢lwkn8 TeeB VAll¢y combi￿ Athrlty. to support developm¢Tht of th¢ cr¢811￿ Play spac¢s throu8bout the r¢wo Tran•ferbkne•tt Pagc 28 EVE IJMtTED th¢ Fljwodal Stat¢Tr￿￿. ¢ontl l Martb 2024 Thue were no reltsl paty translli*ioll for the yEar e￿¢d 31 2024 or 31 MaTcb 2023, otber thaD k key Tran8BemeDt penotynel oethe Cbarity corryrise of the Senior T¢anL The tot41 employee be￿ gf key were £141.093 (21Y23.. £45.833). RECLASSIVICATION OF COMPABAIIVES The ¢ornprtiv¢s of the Stst¢ty¢4* of Financial Aclivilirs bccn rcc]ll85ifiryJ to retknt the true Dllture of the the Qwities SORP. Pag¢ 29