REGISTERED COMPANI. NUhlBF.R: 01508781 (F.ngl&nd and lTrales} REGISTEREDCHARITY NLIWIBER.. 281159 REPORT OF THE TRUSTEES AND UN.4LDITED FINANCIAL ST.4TETrIENTS FOR THE IT4R EED 31ST DECEIIBER 21123 FOR ATiof4AL YOUTH MLSIC THEATRE LTD GLxbrge Ha!. & Company ChdrtLfLJ ALLoullLanis 83 Cambridge Street London SII'IV 4PS
Tr4ATIONAL YoiFfH i%qUSIC THEATRE LTD CONTENTS OF THE FI).4)CI.4L STATE.IIEfTS FOR THE TrE.4R EliDED 31ST DECEMBER 2023 V#ge Report of the Tru51ee5 Independent Exgminer's Report Statement of Financlal Actliities Balante Sheet Notes to the Flnncig1 Statements 10 to 13
NATIONAL YOUTH MLISIC THEATRE LTD (REGISTERED NIIMBER.. 11150117811 REPORT OFTHE TRI'STEES FOR THE I"EAR ETr4"DED 31ST DECEMBER 21123 The Iru51e¢s who a also directors of Ihe ¢haiity for the puwtK)5t5 of Compani&% Act "IM)6. present their report with the fin3n¢ial statements of ihe chariN for iht year ended 31 st December ?0?3. The irnsiees hai'e adopted the proN'isions of Accollnting and RLPUrting bv Chuntie%'. StstttnLllt vf RLcoiIimtnd.d PtULiiCC p[iLUb. to chatitlLs prLparing their ULLuunts in uccordanLK' with the Financial Reportin Stsndard applicable ir tht UK and Republic of Irrland IFRS 10?) (etTecrive l January 2019). OBJECTIVES AND .ACT[.lT1E8 VlsSon, Mlsslon and Sirategle Alms of the Bord Vision To broaden th¢ range alld culture base of high qualiry pnxluctions in youth Jnusic thtrdire. Mi5$1011 To provide opportllniiies for young people from all wial ond cultural backgrowjds io expk)re atNI develop their poiential, by.. br(Tradcning thc rangc and illLlusivity of pcrforn)anLr opp)rtunilics- seekin out new participants- ' commissioning new writers and producers from a variery of backgrounds: ' extendin¥ the geography and type of Ven ed for w'ork by NYMT.. and ' creating opportunities for nalional and international recognilion of new wotk and new talenl. Straregic Aims Produclion, wniers. praciitioner5, material.. To raise .%taDddrds of work bv young tp]e in Tnusic theatre by piestnlinu first-clas5 piductTrDllS to national internalional acclaim and 10 iour Ihese produciions. To Lommission, promote and present new writing for yth msiC theatrt. by yong people and adulis, which is ailistlLally challenbjing and socially relevallt. . To offer worLshops, masier classes and focus groups which explore a1 develop ialeni atKI cr1vIly. . To monitor quality and growth in all WL)rk thoroug]i an artistic team rerM)rtinq io the Board. PartiLip&nls'. . To work in partnership with others io remove barriers ond effjure OpJrtUnltl¢S can be iaken up by their targF¢t parricipants. . To ensure thai all opportunities otTtred mttt NYMT c(MJes ofpraciice for salet) and security of partiLipants aiid staff. Suslainability.. Actively to promot¢ the educational. social and culiural valu¢ ol-engaoement in youih musli iheaty¢. To maintain and review a business plan which support5 all projected actiNiry and ihe iompany's continued viability, profile and presence. . To providL rLiurn invTrttncni tv ull %takcholdL't%." arti%tically and in Icrrnb uf inclusion and eiluraiivn<il TllL*4urcincnt. Page I
NATIONAL YOUTH MLISIC THEATRE LTD (REGISTERED NIIMBER.. 11150117811 REPORT OFTHE TRI'STEES FOR THE I"EAR ETr4"DED 31ST DECEMBER 21123 OWECTIVES AND ACTtVlTIES Tn]stees' Report on activity during the }"ear aDd planDing 2023 wS ll %1¥nitILt trELn%ition yeur for the ld.[hip uDd sttuttgic direction of NYNfT. JLltrny Wulker, tht CEO nd Arti%tlL' DiTector since 2011 retired at the end of the 1023 sumfTrer Season of 0TInanCeS. As with preN'ious veaT5. the seasoTh featured three large scale musicJls.' Cole Portels Kiss Nle Kate and a new musical. The BO Who Sailed the Il'orld in an Arm¢hair by Jordan Li-smith performed at the CuTh"e in Leicester and Sondheiill'E Merrill, We Roll .41oiiq at the Southwark Playhouse. There was also a repeat of the NYMT in Con¢eM event ai Kinusion IFus¢ Fesui'all and Stsuthw Pla}'Iiouse. Earlier in Ihe vear. NYMT perfom)ers also tcaturLd in thc annual StLphLll Sondhcim Society stiident Pcrfomicr ol C-1)MltiOn and in a special cclcbraiion of Sondheim ai the I'&A Museum. The R(Trdrd dpporntt(l a new CEO. Adrian Pdcker. t(x)k up th¢ posf in Sept?Tnber 2n23. Thi% fnllr)wed an ¢¥t¢n%ive niltionwide cainpaign to find a new leader ivith the appropriate lei'els ocskills and experience. Adrian has a significani profil¢ as trM)ih an anisti¢ Icadcr and CEO of organitiOnS Icading and supporting charitics. SLhools, ehildrcn, and yollng pcoplc. Adrian recommended Ihe appointmeni of NYMT leadtr Chris Cuming as the ArtLSlic Dtrector, and a ne. core leadership i¢am IL) Over Sateguarding and Pastordl Care. Prodiiction imanagenient and New writin This w&s approved by the Board dnd tlie new team set out a first one hundred da>. plan cenlred on FIN'e areas.. Fundrnising. focusing on the immediaie prioriry areas of parrons- buTsaries: lrtdividual doN)rs and Corporaie iponsorship. IdentitTr', focuiing on the iTnmediate priorit). areas of website- social media. PR and marketing: brand design and brand guideline5 and Tht illcepiion of a new AniSli Adviiofy Group. Reach, foLusing on the immediate priority areas of auditions 2nd CIVIL Eorn)anCe oppojluniiies. Strategy. to design a new over-arLhing bIrate¢ framework13-year businekn. artistic development plan from Jan 26 with clear OKR5 apPed to wnis5ion. vision and N'alue5. TeAm, to¢usinbTr on th¢ imrnediate prigrity ar¢as ot Current stafting m(Mlel.. SLAS and ¢ontra¢is aiid governaiice. new volLJntJry Arli%tic Adviwry Groiip IA.4G} was also sei up 10 diversify the thinking about the luture Nifdiegic direction ot NYNIT. The AAG has been iasked io inlomi. Inspire and ¢hallenge ihe e%'olurLon and de%'elopmeni of NYMT as a diverse and dYnniL youth musiL theatre company representing the best of LK artis,. The A.4G .MtinbeTs bring a wealth of PtpeCtIeJ and In51LFhis and will 5UPPOrt the eXul1Ve l¢ade15hip and Ihe Roaid of th"recror5 deN'15E and monilor a neiv strategic rraTn¢'0Tk frown January 2024. This framework .111 be designed io ensure YYMT remains ai the i'anguard of providing the highest quality experienLes f(X ILS paniLipanL4 and developing innOaliVe new mu8ic thvdire the iniernaiional stage. Over a third of the new NYMT leaders illeniify as tepresenling a global majority. They ate all leaders and experts froni the world of the ¢reative industries, ¢(lu¢ation and comrnwiiry inlerest grow. In d rtlutively %hort period in the latter half (Trf 20?3, thi% new thou¥ht lead¢i%hip inspired partneThliip initiatiwe% and opportunitie% including r[oMIan¢cS ai the Roundhouse wilh rhe Hol(u¥l Educaiional Tnksr and ai ihe baiional Tennis Centre with the LTA. The vear ended with our annual C'hristtnas concen al SL John's Smiih Uare. Page 2
NATIONAL YOUTH MLISIC THEATRE LTD (REGISTERED NIIMBER.. 11150117811 REPORT OFTHE TRI'STEES FOR THE I"EAR ETr4"DED 31ST DECEMBER 21123 OWECTIVES AND ACTtVlTIES Ai Ihe end of 2013, ne. definiiions of NYMTS Mission. val and Vision were prepared for the Board to adopt from Janiiary 2024. Mission: - To provide Children and young people the ISt Oppttl1tie5 to iDspirt gnd 51Lape the fulure of u5]c the¥4tre. Values.. Inclusion, Imvention, and Indust.. VlsS0n- To produLe dyM1¢, s#fe and pJ#ffornis for ehildren and people to grow llourish with music theatre. 'L'he strategic priorities of ihe first IIKI day plan werealso furtherevolvcd. Slrategic Priorities (SP) 21124-26- Inclu5ithn SPI: LLaming &nd dcvLlopmcnt outrcach programjncs aJ]d Palha)S. SP 2.. Civic alld communilv engagemellt cjcle to include partr.er5hip PTogTarnme5 and alTiliation5. Inventlo SP3.. "NYNIT BloonLS". New. music theatre produein¥. SP4= Evollllio of ethos and COTnmunicalion oCmiss]on, and values. Industr). SP5: Annual industry sian(tsrd prfOrmae cycle IUK and Trtiernationa]}. SP6= 50th anniversar>. celebrations and legacy programn]es. Bu5ines5 Development SP7= Fundraising financial SUSTainabiliiy. SP8: Leadership and governanLe. SP9.. Meinbth]P Objt¢tives Kei. R¢sult5 (OkRs) The nine.8trategic PTioriiies w'ill be deliTrered and measured ihrough OKRS IObje¥iives and Key Results). The objectives remain fixed f()r a thT¢e-year period from Jthnry ?024-D¢cember 20?6. The keN"" reiults 'i]I be i¢¥iewed annually (reset eLh January). Pro¥ies> agTaiTlSI OKRS will be reviewed as an ongToing li¥'e •ssessmeni of pertomian¢e. Execuiive retK)rting 10 the Board .111 be locused on reporting progrtss direcil), against OKRS. EaL'li member uf the AAG will be ds%i¥ned to ll Strale¥ic PrioTity atea and %uppurt the executive delivery of the objectives under each category. Each Tn¢tnber of the core Itader5hip Itatn will also assigned lo a Siralegic Ptiorily aiea. Looking Ahead There are many ambilious and exciiing plans for NYMT'b 4&h year in 2024. There will be many itjore year round opportunities for tIIL nLw young cotllpdny rn¢inbcr%. Thc parttlLfihip optKirluniiiL% 4tlrL41dv c¥ublishLIl in thL &nLI half uf 2023 will bL furthcr developed, and the summer season of work will feawre more new musicals as =11 as maintsining the usual high sthndards of classic repenoire. A major focus will be on a re-imagining of the irnage of NYMT as li heads towards its 50th anniversary celebration year in 2026. °AAG Menibers Jack Reitman Scarlet Oabri¢l RebetLA Brthwer Mike Jib%v Katherine W(Trolley Dan Schuinann F¢lla Lut"adju Ak05ua Boaky¢ Amara OkcrikL Danica Pickett K}'l Messios Page 3
NATIONAL YOUTH MLISIC THEATRE LTD (REGISTERED NIIMBER.. 11150117811 REPORT OFTHE TRI'STEES FOR THE I"E.4R ETr4"DED 31ST DECEMBER 21123 STRUCTURE. GOV'ERN.4NCE.4ND mANAGE]ENT Governinx dUlnen1 The iharily is conirolled by its governing documell4 a de of rnst. and constitutes a liiiiited eornpany, limited by guarantee, as dtfitk'd by the Compl1¢S Act 2(K)6. GoYernnce As .%ei out in the Anicles of Ab60ciation. Ihe Chair ]% elected by the Board. Directors are appointed by the Board. 8rd memb¢rs serve a tentt of three veats. wilh a maximLlln ol Iwo eonsecuiive iemjs ol otTi¢e. afier which Ihere musi be a break ol seTvice of ai least 12 mtsnihs.. Inductlon aThd training of new trustees Ne cliiector4 under¥0 induction ori¢ntiilinD wilh the Chair Jnd CoTllWanV Sectetary tn bnef iheTn their legyal obli¥dtion5 uniler charity and eompan}' law, the eonieni of the Ani¢les of Acso¢iaiion, the ¢omminee and decision making pro¥e&ses, Ihe I'i%ion, Missioli ld Slralcgie Aims of thc Board and rcLcni finanLial pcrlornMt)CL of Ihc organisation. During dic indlletion, Ihcy inL( kcy erllployees alld other director5. .4wav dgvs are sel in place to facilitare directo, input into strategic planning. Directo ale encouraged to atiend appropriate external training events as appropriate io their Tole and the Company Secretary provides occasional briefing.% dt Board meetin4% urMlaiin¥ directors on c4m)pany aJKi charity law and practice governaiice. Risk m#rtgement The direciors have a risk manaLyement strdiegv h1£h comprises a regular vIeW ot. the risks Ihe organisation may face: the establishment of systems and procedures to mitigate thoie risk5 and the implementation of procedures designed to tninimise any potential iTllPdcI on ihe oruanisalion. During ?Ql atlention has fOcu¢d on the risks to th¢ oruanisation followin¥ lockdown8 rnovin nLuch of our work oTrlin¥. During Ihe }eai as resTti¢iions were lified. we were ablt 10 lesu¢ face 10 (ace inieii"eniions. FinaDce Cornmittee The board have ¢on%tituted a FinLe Sub Committee witli the follL)M'ing Jnain responsibiliiie%'. To help prevent fraud by ensuring ihar all iask5 aSi¢Kiated M'iih the finance function are not F¢rfornied by one person wiihout supervision from oth¢rs. To allow InLStee ix)ard meeiings io focw on a wider ran&pe ol- issue?. as deiwled financial discussions can tske place wiihin the sub-cominiltet. To endble more deniuLratlL Lulltrul uf the or¥JnJNdti4in'% finanLe&. - To spread the burden of financial anatten1. thereb a150 poientially improving its quality- To htlp train new. commitite mtmbers in financial matiers. To provide for continuity in the eeI of changes in the Leaiknhip Team. MlbL[ uf Ihc Lvrnmittcc duTin¥ thc lIj wcrL, David Rciiman Bcnjamin ShLrn. REFERENCE AND ADM1Tr41STIL4TIVE DETAILS Re¥i5tered Cotllpanv number 0150¥781 IEngland and Wales) Registered Charity number 281159 ReglgtÈrÈd olTleè 39 Third Ave[ Frinton-on-sea United Kingdom COII 9EF Page 4
NATIONAL YOUTH MLISIC THEATRE LTD (REGISTERED NIIMBER.. 11150117811 REPORT OFTHE TRI'STEES FOR THE I"EAR ETr4"DED 31ST DECEMBER 21123 Trustee5 P A Munden J Walker (resigned 1.9.231 Ms J CuukL {rtl¥nld l ? 5.24) M T Jib50n {apt)ointed 18.1.241 D Reiiman Ms li Furihata lappginted l.10.21) B Sheen Dr E Okcrcke (rcsignLd 1.3.23 D Tarento A G Packei. Cbief Executive (Opited 1.4.23) Company SecTetari' P A Mundcn Independent Examlner Geor¥e Hdy & Comp(Iny Charlered Accounlanls 83 Cambridge Ststet London SWIV 4PS Approved by order of the boatd of IrnSTees on 2151 May 2024 and signed on ils behaifby.. P A Munden- Trustee Page 5
lTraDEPENDF.NT F.X.4NttNF.R'S RF.PORT TO THF. TRUSTEES OF ATIONAL I'OL TH IILSIC THE.4TRE LTD Independent tx&minerf5 pOrt to thv trustees of National l-outh 1lthsi¢ Theatre Ltd I'the Compan>.) report io rhe uharii>' Irusie¢s on m}. examination of the aicoimts of the Compani" for ih¢ year ended .31 si tkcember 202.3. ReSPOT15ibilities bw515 Dr report As the charil}'s In151ees of the Company land al its direeiors for the purposes of company lawl you are responsible for tlie prtpurlltion uf tht L'cuU11t accord4LllCe with tht rtsiiiiremLllt4 uf tht con1p41 Aci 2O(kn i*he 20D6 Ac¢l. Hjving satisfied my>elf that the a¢¢ounts of the Company are noi requiryd to be audiied under Part 16 of the 20U6 Act and are ¢libpible for independent examination. I report in respect of mv eyamination of i'our charity's accounts as ¢arried out under Section 145 of the C'harities Aci 2011 I'the 2011 Aci'l. In catTving oui m)" examinaiion I have followed iht Dire¢iions given bs, the Chaniy Commission undcr Sc¢tion 145{51 Ibl of t} 2011 Abt. Independent exatniner 5 5taternent Sinc¢ your charily's IncTrtne eKce¢deil £2!0.(KM) your txamiTJeT b¢ a metnber of a listed Ex)dy. I can ct>nliTrn Ihilt l qualified to undenak¢ th¢ examination because l am a member of ik Insiiwie of Chanered Accountanis in England and lales, whiLh is onc ot thc lisicd bodics. have completed my examination. I confirni ihai no matters have come to my attentlon in ioiinectim willi th¢ exaininaiion giving me cau%e lo belIee.. acLoullting ieioids were Trot kept Iti reJPCLI of ihe Company &% rtquifftl by Section 386 of the 21x16 Act: or the accounts do not accord with those recor(ts." or the accounts do not compl). '1th the accouniing require]nents of Section 396 of the 26 Act other than any requirement that the dccoiint% give * true aTrd tair i'i¢w which 15 nol il rnart¢i Conldered ab part of an independent exarnintioll. or Th¢ a¢¢ounTS hal'e noi been piepared in ac¢ordance Wilh The meihods and ptin¥ipIts of ihe Siaietneni of Re¢omtnended PraLtice for aLLounting and rewrtirtg by charities lapplieable io Lhariiits preparing their acLounls in acconlance with the Fiiiancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I hve no Concerns and hai'e Lome aLri)$8 no other matter8 in connectiun w'irh the examination to which attentiLFn %hould be drawn in this Teport in order to enable o proper Vndethnding of ihe acwunis to be reached. AndrLW Fux George Hay & Cotnpany Charttrtd Accoiinlanls 83 Cimbridge Sireei London SWIV4PS 2 1st May 2024 Page 6
Tr4ATIONAL YoiFfH i%qUSIC THEATRE LTD gTATEfvIENT OF FI.c1AL.4cTIITIEs FOR THE I"EAR ETr4"DED31ST DECEMBER 21 21123 2022 Total funds ureStriCted fund Notes INCOME AND ENDOM'MENTS FROL¥I Dongtioiis and legaLies 12,25J 13572 Chrltable aetlvltles ActivitlLS 473.130 449,071 Other trading acriiities Inve%tment incDM¢ Total 8,000 11)9 470651 EXPENDITLTRE O Rai%ing tund 32?.986 292,989 Charitable aL*lvltles .4¢tivities Total 59.813 387 799 374 186 NET If4COME 107.693 96.465 RECONCILIATION OF FUNDS Toial funds brough¢ foriward 211.994 115329 TOTAL FUNDS CARRIED FORWARD 314687 211994 The notes lorni part of these fukclaI siatements Page 7
NATIONAL YOUTH MLISIC THEATRE LTD (REGISTERED NIIMBER.. 11150117811 B.4LLNCE SHEET 31ST DECENIBER 2023 21123 2022 Total funds ureStriCted fund Notes CURRENT ASSETS Debtors Ca%h at bank 172,377 155.054 108 40 )63.194 384,094 CREDITORS Amounts falling due within one year 140,240) (13,900) NET CURRENT ASSETS 343.854 249.494 TOTAL ASSETS LESS CURRELYT LIABILITIES 343.854 249.494 CREDITORS Atnount5 falling due after more than one year 129.167} (37.5(10) NET ASSETS FLNDS Unrestricted funds TOTAL FUNDS 314687 211.994 3 14.687 314687 211.994 211994 The ¢haritable ¢(Trmpany is entitled to exemption from audit under Section 477 (Trf the Compani¢b .Ad 20ft6 for the year ended 31st DeCe[T 202.3. The tnembers have not required the iompany lo obtain an audit of its financial staletnents for the year ended 3 1st December 2023 in accoidance with SectioD 476 ot'the Companies Act £(K)6. The Irustees acknowledge their re5pon5ibilities tor (al ensuring thai the chantable company keeps aLYounting records ihat comply wilh se10n$ 386 and 387 of the c.ompanies Aci 21106 prcparing financial staternents which gil'e a mie and fair view of ihe SLqie of affairs of the ¢harirable company as ot the end of CaLh tinancial ye#r ajid of ils surplus or dcficit for cacb finaniial I'car in accordancc '1th thc rcquircmcnts tsf ScLtions 3()4 and 395 and which otheIse ioinply lih rhe requiremenis oi ihe Compaiiies Aci ?W6 relating 10 financial siaiemenrs, so far as applicable to the charitable company. (bl The notes lorni part of these fukclaI siatements Page 8 continued...
NATIONAL YOUTH MLISIC THEATRE LTD (REGISTERED NIIMBER.. 11150117811 BALANCE SHEET- eontlnved 31ST DECENIBER 2023 These financial s1Qi¢mlS have been prepared in accordanie wilh the provisions applicable to clwitable Companies subject to the small companie5 re&Fimt. The financial statements were approved by the BoaTd of Tw!tee5 aThl authoTi5ed for issue on 21 st May 2024 and were signed on its behalf by.. P A Munden - TruslEe The notes lorni part of these fukclaI siatements Page 9
Tr4ATIONAL YoiFfH i%qUSIC THEATRE LTD OTES TO THE FLNA.NCI.4L ST.4TElE.%Ts FOR THE I"EAR ETr4"DED31ST DECEMBER 21 ACCOUNTING POLICIES Basi5 of prep3Ting the financial statemeDts The finuncial %tdtemLllt% uf thc Lharitsble companv. hiL is a public nefit tnlity under FRS 102, bn prepdiLd in accordance wilh the ChaTilies SORP (FRS 1021 'AccountiDg and Reportino by C.harities= SiateilleTrt of Recownrnended Practi¢e applicable to chari¢]e> preparing their ¢counis in a¥cordan¢e w'ith the Finan¢il Reporting Stsndard appli¢Jble in the UK and Republic of Ireland IFRS 102) letTeciive l Januarv ?019I'. Financial Reporting Standard 102 The Financial Reptsriing Siandaid appliiable in Ibe UK and Republic ol Ireland, and the c.ompanies A¢t 2006. The financial siaiemenis havL IKcn prlPLd under thc histOriLal cosi LonventLOn. Incojne All Income 1.4 rec(Ign15ed in tht Staletntnt of Financial Ac¢ii'itie5 once the charity enti¢lernEnt to ihe funds, it 15 probable that ihe incom¢ will be re£el'¢d and Ihe amouni can be Measur reliably. Expenditure Liabililies are recognised as expeThJiiure as swn as there is a legal or constsuctive obligation commiiting the charity to thai expenditure. il 1% probable that a transfer of economic benefits will be required in settlemenl and the amount of the obligation can be Tneasured reliably. Expenditure is xcounied for on an accruals ba51s and has been classified under heading5 that agoregute all Lost ieldted tts the care8Ot%'. Where costs Lannot be directly attribllted to particul ddingS they have been allocated io actIltIeS on a basis consi£ieni with ihe use ot resowces. Taxjtio The Lhariiy is exempi from eorporaTion tax on lis ¢lwiiable a¢Tiviues. Fund accounting Unrestricted funds can be used in xconlance with ihe charithble )jeCtiveS ai the disLYetion of the trngtees. Restri¢ied fimds ¢an onl) be used for paniwlar Tesiricied purF0S withi'n th¢ ¢)bj¢cis of the ¢harity. R¢stri¢iions arise when specified by the donor or when futM]s rni5cd for partliu1 restricted purwse5. Further explanation of the nare and purpo of each fund is included in the notes lo the financial staiements. Pen5iOD C05t5 and olher p05t-retiremeni benefits The charitable compan operates a delined contribuiion pension SLheme. Contribuiions Yable to the Charitable Company's pcnsion 8cheme are charged lo the Sthiemenr of Financial Aciivilies in the period to which Ibey relate. OTHER TRADING ATIEs 2023 2022 Licensing fees INVESTMENT INCOME 2023 2022 Deposii account inierest Page 10 continued...
Tr4ATIONAL YoiFfH i%qUSIC THEATRE LTD r4oTES TO THE FI..4.CIAL ST.4TEMEP4TS- colSned FOR THE I"E.4R ETr4"DED31ST DECEMBER 23 TRUSTEES, REMUNERATION AND BENEFITS 21n3 2022 TrustL*s' fees Trusttts, exptffists There were trustees, expenses paid for the year en(kd 31st tk£ember ?023 Dor tor the year ended ilst December 2022. STAFF COSTS The alerage monihly number of ernployees during Ihe year was as follo9= 2023 2022 Administration No Cmployccs r¢¢iV¢a emolumcnts in cxccss of £60.0(K). DEBTORS: AMOUNTS FALLING DUE II'ITHIN OL¥E I'EAR 2023 2022 Oiher debtOTS Accrued income 106,¥¥Y 5.4x8 172377 155,()54 C.RF,ITrITnR8: AM()IIryT.8 FAI.I,JNC. I)IIF. W"ITHIN nNF. YF.AR 2023 2022 GoN'emrnenl loan ALLruJls und dLfcrrciJ in£ornc 10.000 10.?40 lo,0 Pagell continued...
Tr4ATIONAL YoiFfH i%qUSIC THEATRE LTD r4oTES TO THE FI..4.CIAL ST.4TEMEP4TS- colSned FOR THE I"E.4R Eh"DED31ST DECEMBER 23 CREDITORS: AMOUYTS F.4LLING DUE AFfER IIORE THAli ONE YE.4R 2023 2022 Governent lod MOI'EMENT IN FUNDS movement in fund5 At 31.12.23 At 1.1.23 Unrestricted funds General tund 211.9)4 102.693 314,687 TOTAL FUNDS 211.994 102 693 314 687 Net movement in tund%, included in the aboi'e are as tollows-. Incorning resources Resources expended Movement in funds UnrEs¢rlct¥d funds General fund 485,492 (182,7991 102,693 TOTAL FUNDS 485 492 382 1991 102 693 c(bMpar#tie$ fibr Mtsvèmèt in fund Net ovement funds At 31.12.22 At 1.1.22 Unre8tri¢ted fund$ General fund 115.529 96,465 211,994 TOTAL FUNDS 115 5?9 211994 Comparalive nei rnovement in fund5. Includ in Ihe above are lollows.. Incoming esollrcé Resources expÈDdèd Mo¢ment Unrebttrleted funds GinLral fund 470.651 (374,11461 96,465 TOTAL FUNDS 470.fi51 374 1 Page 12 continued...
Tr4ATIONAL YoiFfH i%qUSIC THEATRE LTD r4oTES TO THE FI..4.CIAL ST.4TEMEP4TS- colSned FOR THE I"EAR ETr4"DED31ST DECEMBER 23 MOVEi¥IENT IN FUTrIDS- continued A eutTent year 12 months and prior year 12 months combined p)sition isas lollow3'. Net moTrement in funds At .31.12.11 At 1.1.22 Unrestrieted funds General tiind 115,529 199,158 314,687 TOTAL FUNDS 115 $29 199 158 -114 687 A ¢unYnr year 12 months and prior year 12 months combijied net movement in funds. included in the above are as follows.. Re5our¢e$ expended Muvernent in funds resources Unrestricted funds General fund 956,143 1756.9851 199,158 TOTAL FUNDS 956 143 756.9851 199 158 RELATED PARTY DISCLOSURES There were related party tra1CtionS for Ihc yearended 315t De£ember 2023. Page 13
This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic forni, authentication and manner of delivery under section 1072 of the Companies Act 2006.