COMPANY REGISTRATION NUMBER: 021174376 CHARITY REGISTRATION NUMBER: 296787 Brighton LittleTheatre Company Limited Company Limited by Guarantee Unaudited Financial Statements 31 August 2025
Brighton LittleTheatre Company Limited Company Limited by Guarantee Financial Statements Year ended 31 Augusl 2025 Page TrUses, annual report {in¢o4)orating the direcior's report) Independenl examiner's report lo Ihe Erusiecs si&ment of financial a¢livities (including income and expenditure account) Statement of financial position Notes to the financial Staten(S
Brighton LittleTheatre Company Limited Company Limiied by Guarantee Trusteos, Annual Report (Incorporating the DRrector's Report) Year ended 31 August 2025 The trustees, who are also the directors for the pU)se8 of company law. presenl their report and the unaudited financial 8ÈaÈements of the charity for the year ended 31 August 2025. Referenet and administrative details Registered eharity name Brighton LiiileThealre Company Litnited CharRty reeistration number 296787 Company regSstr#tion number 02074376 Prfnelpal offlce and registered 9 Clarence GardeDS offiee Brighton BNE 2EG The trustees MrLMWard {Trustee and Director) Miss L B Thaxter (Trustee and Director) Mr S Adams (Company Seerctary) Mr G Wicks INotE-Execuiivc Trustee) None of the comtnittee has any beneficial interest in the ¢ompany. Each of the ¢omJniltee are members of the company and guarantee to contribute £1 tn the event of a winding up. Independent examiner Mr C KyffLn-Walton
Brighton LittleTheatre Cornpany Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report} (rowin#) Year ended 31 August 2025 Structure? governanee and management Governing document Thc charity is controlled by its governing documeni, a deed of trust and is constituted as a limlled company. limiied by guarantee, as defined by the Companies Act 2006. Organisational structure An clected commiitee o( up to seven people run ihe Company. There dre three executive members: Chaii, Treaser and Company Secretary. The exe¢ulive member9 hold office for a year from (he date of the AGM. Members wishing to 51and for election as an executive enther must be nominated and secondcd by other members. Exisiing executive committee members can sland for re£leclion. If more than one person stands for any position, a ballot of members is held. There can be up io four ordinary members who are elected for a peri(Kl of iwo years. At the end of their two year term they may stand again for a further two year term. If more than two people stand, a ballot of members is held. All people wishtng to Stand musi be proposed and seconded by other member.8 and have been members for twelve tnonths. All nominations for posts must be received at least five weeks before the commencement uf the meeting. Following the AGM held on 30 March 2025, where only olle ordinary member was elected for the subsequent two year period, there will be an elected committee of six people running the ¢ompany until the 2027 AGM. Rlsk mahagernent The trusiecs hayc a duty to identsfy and review the risks to which the Charity is exposed and lo ensure that adequate controls are kn place to provide reasonable assurance against fraud and em)r. The Comm1[e has assessed the major risks to which the company is exposed and is saiisfied that sysfrms are in place to miugate exposure to major risks. Public benefit In shaping our objectives and planning our activities for the year, Ihe Trustees haye given coThsideration to the duties set out in Section 17(5) of the Charilies Act 2011 to have due regard to public benefit. In particular, the Trusiees have considered how the planned activities will coniribute 10 the overall aims and objectives (hey have set. The Trustees believe that the following paragraphs, specifically on the "Objectives and Activities" and Achievements and Perl'ormance for the year, relale in detail the benefit the charity provides to th¢ public.
Brighton LittleTheatre Company Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (colltinued) Year ended 31 August 2025 Objectives and activities Objectives and aims The Company's al8 are to contribute the cultural life of the community and lo provide opportunities lor interested people to enhancc and improve their skills and knowledge in ¢11] aspe¢ls of thcatrical perforEnance including ba¢kslage and iechniLal work. The policies adopied in furtherance of (hesc objectiyes are con8ulialion, openness and the valuing of all memb¢rs' contribufions. There has bccn no change In this during the ye. The chaTity's tnain activity is the putting on and performing of plays. It also provides leachtng and learning facilities for children and young pttople stages perfortnances by them.It also provides training opportunities for members and bursaries to metnbcrs attending suitable external courses. Aeblevements and performance Charftable actlvltles The Company siagcd 9 (2024 - 13} produ¢tioy)s during rhe financial year. Two productions werc staged at Brighton Open Air Theatre. Fin8neio1 review Reserves policy The Company continues to maintabn unrestricied funds of aE least £15,000 expenditure so that, should il experience a significant drop in funding, it can maintain ils activitics.
Brighton LittleTheatre Company Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) IconliKr¢edl Year ended 31 August 2025 Flnaneial reTr4ew (coKlrttu¢d) Finanelal performance A summary of the resulis compared with last year is as follows.. 2025 2024 BLT production surpluses Minack produciion surplus B O A T production surplus Interest received Donations Subscriptions, bar and other nei income 23.140 18.443 6.984 4.084 573 1,205 10,727 1,776 14,749 39.729 22,370 1.5 4,556 5,691 75,994 25,235 Overheads BursarÈes and donations Repairs Depreciatio 5,851 6,433 5,612 38,475 Average costs per production Average per Average per produciion pr(xiuetion excluding ncluding Minack Minack Total Season 2Q24125 19 producuons} Income Costs Surplus 45,994 18,770 27,224 5,110 2,086 3,025 5,110 2,086 3.025 Season 2023124 (13 productions) Incott]e Costs Surplus 94,916 35,447 59,469 4.953 1.534 3,419 7,301 2,727 4.575
Brighton LittleTheatre Company Limited Company Limiied by Guarantee Truste¢s' Annual Report (Ineorporating the Director's Report) {ronliRMed} Year ended 31 August 2025 Sm411 ¢ompgny provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustee5' annual report was approved on 12 April 2026 and signed on behalf of the hTrard of trustees by.. MrLMWard Trustee (Trustee and Director)
Brighton LittleTheatre Company Limited Company Limited by Guarantse Independent Examiner's Report to the Trustees of Brighton LittleThealre Company Limited Year ended 31 August 2025 report to the Iruslees on my examination of the financial statcJnents of Brighton LittlcTheatre Company Limiled I'ihe charity.) for the year ended 31 August 2025. Respomibilities and basis of report As the trustees ol thc company (and also ils directors for the purposes of company law) yuu are responsible for the piepariiiion of the financial slatemenis in accordance with the requirements of the Compani¢s Act 2(X16 ('the 21XK) Act'}. Having satisfied myself that ihc accounts of the company are not required lo b¢ audited under Part 16 of the 2006 Act and are eligible for independent exainii)ation. I report in respect of my examinalion of the charity's ac¢ounts as ca]ed out uRder section 145 of the Charities Act 2011 ('the 2011 A¢l'}. In carrying out my examinatlOA I have followed thc Dii'ections given by the Charity Commission under section 14515)(b) of the 2011 ACL Independent examlner's statement I have completed my examinauon. l Confirm thai no matter5 have Lotne to my attention in connection wilh the ex£unination giving me cause to believe.. accounting records were noi kepi in respect of the charity as required by section 386 of the 2006 A¢t' or the financial stai¢ments do Thot accord with those records; or the financial staiemenls do noi cornply with the accounting requirements of section 396 of the 2006 Act other than any requirement thai the accounts give a 'true and fair, view which is not a matter considered as part of an independeni examination. or the financial statements have not b¢en prepared in accordance wilh the meihods and principles of thc Statement of Recomroended Practice for a¢¢ounling and reporring by chariues applicable to charities preparing their accounts in accordance with the Financial Reporling Standard applicable in the UK and Republie of treland IFRS 102).
Brighton LittleTheatre Company Limited Company Llmited by Guarantee Independent Examiner's Report to the Trustees of Brighton LittleTheatre Company Limitsd (cgffl¥ryiredl Year ended 31 August 2025 I have no Concerns and have come across no other matters in conne¢tion with thc cxamination lo which attetktiott should be drawrj in Ihts report in order to enable a proper undersndIng of the accounts io be reached. Mr C Kyffin-walton Independent Examiner UHY Affinia 168 Church Road Hove East Sussex BN3 2DL
Brighton LittleTheatre Company Limited Company Limited by Guarantee Stalement of Financial Activities (including Rncome and expenditure aecount) Year ended 31 August 2025 21125 Unreslricied funds Total funds Totsl funds 2024 Note Income and endowments Charitable aclivilies Investment income 65.030 573 65.030 573 120.730 Total income 65,603 65,603 120.730 Expenditure Expenditure on ch2rithble Activities Total expenditure 59,991 59,991 82,255 59.991 59,991 82,255 Net income and net movement In funds 5.612 5,612 38.475 Reeoftelliation of funds Total funds brought fonvard TotAI funds carried Corward 513,592 513,592 519,204 475,117 519.204 513,592 The stateinent of financial aciivities itkeludes all gains and losses re¢ognised in the year. All income and expendiiure derive from continuing activities. The notes on pag 11 to 19 torni part of these finAncial stslements.
Brighton LittleTheatre Company Limited Company Limited by Guarantee Statement of Financial Position 31 August 2025 2025 2024 Note Fixed Assets Tangiblc fixed assets 12 277.130 273,321 Current assets Siocks Debtors Cash ai bank and in hand 13 14 943 15.429 228.138 1,753 12,202 229,888 244.510 243,843 Credltors: amounts falling due within one year Net current assets 15 2,436 3,572 242,074 240.271 Total et5 les5 wrren¢ liabilities 519,204 513,592 Net a&sets 5 I9,204 513,592 Funds of the eharlty Unrestricied funds 519,204 513,592 Total charity funds 16 519,204 513,592 For the year endkng 31 August 2025 ihe charity was entiiled lo exemption from audii under section 477 of the Companies Act 2(K>6 relating lo small companies. Direciors, responsibilÉiies'. The members have not required the company to obtain an audit of ils financial staiements for ihc year in question in accordatTrce with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respeci 10 accounting records and the preparalion of financial slaletnents. These financial statements have been prepared in accordance with the provisions applicable lo companies subject lo the small companies, regime. The s(atemeni of financial position continues on ihe following page. The notes on pages 11 to 19 forni part of these financial statements.
Brighton LittleTheatre Company Limited Company Limited by Guarantee Statement of Financial Position (coNtinNedl 31 August 2025 These financial statements were appn)ved by the board of irustees and authorised for Issue oll 12 April 2026, and are signed on behalf of the board by.. Miss L B Thaxier ITSlee and Direclor) Tnjstee The notes on pages 11 ¢0 19 forni part of these flnanelal statements. io-
Brighton LittleTheatre Company Limited Company Limiled by Guarantee Notos to the Financial Statements Year ended 31 August 2025 Gener81 Infomation The chariiy is a public benefit entity and a private company liinitcd by guarantee, registered in England and W¢iles and a registered charity in England and Wales. The address of the registered office is 9 Clarence Gardens, Brighton. BNI 2EG. StAtement of compliance These financial slaiements have been prepared in compliance with FRS 102. The Financial Repor(ing .8tand&rd applicable kn the UK and Ihe Republic of Ircland,, the Statement of Recommended Praclice applicable to charities preparing Iheir accounis in accordanLe with the Financial Reporting Siandard applicable in the UK atid Republic of Ireland (FRS 102) {Charilies SORP {FRS 102)) and rhe Cotnpanics Act 21X)6. Accounting policies Basis of preparation The fLnancial statements have been preparcd on the lll"Storical cost basis. as modified by the ievaluatkon of certain financial &4sers and liabililies and inveslmenl properties measured at fair value thtough income or expendiiure. The financial s(aiements are prepared in sterling, which is the functional currency of ihe entity. Going concern No matrrial uncenainiies that may ca51 significant doubt about the ability of Ihe ¢ompany lo continue as a going co¢Kern have been identified by the trustees. Judgements aDd key sources of estimation uncertainty The preparation of the financial statements requires management to make judgemcnts. estitnates and assumpt10115 that affect the aniounts reported. These ests'males and judgements are ¢oniirAually reviewed and are based on experience and other factors. in¢luding expectaitons of future events that are believed to be reasonable under the circumstances. No significant judgements have had lo be made by the directors in preparing Ih¢se financial statements. li-
Brighton LittleTheatre Company Limited Company Limiled by Guarantee Notes to the Financial Slatements IctsAtiitl¥td) Year ended 31 August 2025 Accounting policies (cottlinued) Fund accounting Unrestricted funds are available for use ai the discretion of the trustees lo further any of the charity s purposes. Designated funds are unrestricted fund5 earmarked by the tntslees for particul. future project or commitment. Restricted funds are subjeLled 10 resiriciions on their expenditure declared by the donor or through the terms of an appeal, attd fall into one of iwo sub-classes.. restricted income funds or cndowment funds. Ineoming resources All incoming resources are included in the sLilemenl of financial activities when entitlemeni has passed to the charity; it is probable that the economic benefits a%socia(ed with the iransaction will flow lo ihe charity and the amount can be reliably measured. The following specific Ex)licies are applied io partiLular categories of income.. in¢om¢ from donatiotTrs or grants is recognised when there is evidence of entiilemenl lo the gift, re¢eipi is probable and its amounl can be measured reliably. lega¢y income is recognised when Teceipt is probable and entitlement is established. in¢ome from dOnad goods is measured at the fair value of the goods unless this is impracu¢al co measure reliably, In which case the value is derived from the cost lo the donor or the esumated resale value. Donated facilities and services are recognised in the accounts when re¢eived if the value can be reliably measured. No amounts are included for the contribution of getteral volunteers. income from contracts for Ihe supply of services is recognised with the dclivery of the contracted service. This is classified as unrestricted funds unless ihere is a eontraLtual requirement for IÈ to be spent on a panicular purpose and returned if unspent, In wm.ch case it may be regarded as restricted. 12-
Brighton LittleTheatre Company Limited Company Limited by Guarantee Notes to the Financial Slatements Year ended 31 August 2025 Accounting policies IcontiRued) Resources expended Expendilure is recognised on an accruals basig as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, is classified under headings of the statement of financial activities to which li relates.. expendilure on raising funds includes (he costs of all fun(Iraising a¢tivilies. events. non- charitable trading aciivilies. and ihe sale of donated goods. expenditure on charitsible activities includes all costs incurred by a chartty in undertaking activiues that further its charitable aims for the benefit of ils beneficiaries. including those support costs and ¢osis relaiing to the governance of the charity apportioned to charitable activities. other expendiiure includes all expenditure that is neither related to rdis&ng funds for the charity nor parl of its cxpenditute on charilable acuviues. All costs are allocaied lo expenditure caieguric5 reflccting the use of the resource. Direct costs attributable to a single a¢tiviiy are allo¢aled directly io thai activity. Shared costs are apportioncd between the activities they contribute to on a reasonabl¢, justifiable and consistent basis. Tangible assets Tangible asseis are initially recorded at Cost, and subseqtken(ly stated at cost less any accumulated depreciaiion and impairmeni losses. Any ittngible assets carried at revalued amounts are recorded at the fair value ai Ihe date of revaluation less any subsequent accumulated depreciation and subsequent ac¢umulaied impairment losses. Depreciation tkpreciatloll 15 calculated so as to write off the cost or valuation of an asset. less its residual value, over the useful economic life of that asset as follows.. Fixtures and fiiiings Equipment 15% reducing balance 25% reducing balance 13-
Brighton LittleTheatre Company Limited Company Limited by Guarantre Notes to the Financial Statements (co¢¥[d) Year ended 31 August 2025 AccountSng policies Impairment of fixed &ssets A review for indicaiots of impairment is carried out ai each reporting date. with the cOVerable amount being estimated where such indicators exisi. Where the CayIng value exceeds the recoverable amount, the asset is impaired accordingly. Prioi. impairnients are also reviewed for possible reveal ai each reporting date. For the purposes of impairment testing. when il is not possible to estimate the recoverable amount of an individual asset, an estimate is made ol the recoverdble amount of the cash- generating unli to which the assel belongs. The ¢a8h-generating unil is the smallest identifiable group of assets thai includes the a55et and generates cash inflows that ]'g¢1Y independent of the cash inflows from other assets OT groups of assets. Stocks Stocks are measured at the lower of cosi and eStillted selling price less cosis to complete and sell. Cost includes all COSES of purchase, costs of conversion and other costs incurred in bringing the siock to its present location and ¢ondition. 14-
Brighton LittleTheatre Company Limited Company Limited by Guarantee Notes to the Financial Statements Icoythrtts¢d) Year ended 31 August 2025 Aecounting polleies (conlrnutd) Financial instruments A financial assei or a financial liabilily is recognised only when the entity becomes a party to the contractual provisions ol the instrutncnt. Basic financial instruments are initially iecognised ai the amount receivable oi. payable including any relaied transaciion costs, unless the arrangement constitutes a financing transaciion, where il is recognised at the preseni value of rhe future payments discounted at a market rate of ittterest for a similar debt instrument. Current assets and current Ilabilities are subsequently rnea5ured al the Cdsh or other consideration expectrd lo be paid or received Ind noi discounied. Debc instruments are subsequently measured at amortised cosi. Other financial instruments, including derivaiives, are inilially recognised at fair value, unless payment for an asset is deferred beyond norm31 business ierms or financcd ai a ralc of inlcrest chat is not a uwket iaie, in whlch ¢ase the asset is measured al the preseni value of ihe future payments discounied at a Enarket rale of interest for a similar debt instrnmeni. Other financial instrnmen(s are subsequently measured at fair value. with any changes recognised in profit or loss, wirh the cxccption of hedging instruments in a designated hedgfftng relationship (See hedge ac¢ounling policy). Financial assets that are measured at cost or amortised cosi are revlewed for objeciive evidence of impairment aÈ the end of each reporting date. If there is objective evidence of impairmeni, an impairment Los5 Is recogtLised under the appi'opriate heading in Ihe slalemenl ol financial activities in which the initial g&in w&4 recognised. For all equiiy insiNments regardless of significance. and oiher financial assets that are individually significanc, these are assessed individually for Émpairment. Other fittancial assets are either assessed individually or grouped on the basis of Similar credit risk characteristics. Limited by guarantee In the event of the company being wound up, each member. who is a member of the committee al that time, has undertaken to contribute £1. 15-
Brighton LittleTheatre Company Limited Company Limited by Guarantee Notes lo the Financial Statements l¢¢Jndnu¢d} Year ended 31 August 2025 Charitable aetivities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 FuEids 2024 Theatrical productions Bat Income Costume Hire Subscriptions.. Friends membership SubscrLPtions'. Full membership Photos Income Donations and legacies: General Brick By Brick Donations and legacies-. Patti Cards Donalions and legacies.. Programrne Donations Donations and legacies.. Other 45,994 13,876 20 30 3.557 348 45,994 13,876 20 30 3.557 348 94,916 20.111 60 30 3,213 624 94.916 20.IIE 30 3,213 624 418 109 418 109 1,119 69 1,119 69 495 183 495 183 588 588 65,030 65,030 120.730 120,730 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Bank InreSt receivable 573 573 Expendlture on eharltable o¢tIvlti by fund type Unrestricted Tothl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Theairical productions 19,689 7,11)4 33,198 19,689 7,104 33,198 37.766 9,289 35,2(M 37,766 9,289 35,200 Support costs 59,991 59,991 82,255 82,255 16-
Brighton LittleTheatre Company Limited Company Limited by Guarantee Notes to the Financial Statements IcontrNwedJ Year ended 31 August 2025 Expenditure on charitable aetlvities by aetivity type Activities undertakcn direcLly Support costs Total funds Totsl fund 2025 2024 TheaÉrical productions 19,689 7,1(H 19,689 7.104 31,413 1,785 37.766 9,289 32,927 2,273 Support costs Governance costs 31,413 1.785 26,793 33,198 59,991 Analysls of support eosts Theatrical productions Bar Total 2025 Total 2024 Premises Communications and IT General office Insurance Advertising Depreciation Bursaries and donations 8,020 944 1,528 3,278 3.992 4.154 1,5(X) 2,966 349 455 1,2l3 1,477 1.537 10.986 1,293 1,983 4,491 5.469 5.691 1.500 12.419 1.564 2,137 3,225 7,150 6.433 23.416 7.997 32.928 10. Independent examinalion feos 2025 2024 Fees payable to the independent exatniner for.. Sndependenr examination of the financial stalemenis 960 960 11. Trnstee remuneration and expenses There were no (rustees remuneraiion or orher benefits for the years ended 31 August 2025 or 31 August 2024. The were no trnstees expenses for the years ended 31 August 2025 or 31 August 2024. 17-
Brighton LittleTheatre Company Limited Company Limited by Guarantee Notes to the Financial Statements {rottliRued) Year ended 31 August 2025 12. Tangible fixed assets Freehold Plant and Fixtures and property maLhinery filtings Equiptnenl Cost At I Seplember 2024 Additions 177.226 8,105 167.377 1.121 584 274 405.187 9.5(K) At 31 August 2025 Depreciation Ai I Septeniber 2024 Charge for the year At 31 August 2025 Carrying 8mount At 31 August 2025 At 31 August 2024 185.331 168.498 858 414.687 131,684 5,522 182 169 131.866 5,691 137,206 351 137.557 185,331 31,292 507 277.130 60,(K)O 177,226 35,6Y3 402 273,321 13. Stocks 2025 2024 Raw mateTials and consumables 943 1.753 14. Debtors 2025 2024 Prepayments and accrued income Other debtors 9,511 5,918 12.152 50 15,429 12,202 IS. Creditors: amounts falling due within one year 2025 2024 Trade creditors Accruals and deferred income 66 3,506 2,436 2,436 3,572 18-
Brighton LittleTheatre Company Limited Company Limited by Guarantee Not to the Financial Statements f¢ontinwed) Year ended 31 August 2025 16. Analysis of charitable funds Unrestrieted funds Ai I September 2024 At 31 August 20 25 Income Expenditure General (unds 513,592 65,603 159,991) 519,204 At I September 2023 At 31 August 20 24 Income Expenditure General funds 475,117 120,730 (82,255) 513.592 17. AlySiS of net assets between funds Unrestri¢led Total Funds Funds 2025 Tangible fix¢d assets Current assets Creditors less than l year Net assets 277.130 244.510 (2,436) 519,204 277.130 244.510 {2.436) 519.204 Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than l year Net assets 273,321 243,843 {3,572) 513,592 273.321 243,843 13.5721 513,592 19-