Report of the Trustees for the Year Ended 30 June 2025
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report and the unaudited financial statements for the year ended 30 June 2025. The financial statements comply with the Charities SORP (FRS 102) and the Companies Act 2006.
Structure, Governance, and Management
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« Governing Document: The charity is a company limited by guarantee, governed by a deed of trust.
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« Trustee Board: The board saw several appointments on 27 January 2025, including M Allsop, Ms J Blake, S Campbell, A Clarke (who resigned 31 October 2025), B Deacon, Ms S J Procter, and B Rawlins.
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« Resignations: Ms J Smith and Ms C A Lockett resigned from their positions on 27 January 2025.
Objectives and Activities
The charity remains dedicated to its core mission of operating the Stoke-on-Trent Repertory Theatre. Letting remained a primary driver of income, supplemented by bar services.
;
Achievements and Performance
Demand for the theatre's facilities and performances remains high, as evidenced by the increase in income from Lettings & Performances to £141,628 this year, up from £118,250 in 2024.
However, the trustees note that the theatre building is now almost 30 years old. As the infrastructure ages, the underlying equipment frequently requires more intensive repair or complete updating. These factors have contributed to increasing operational costs.
Financial Review
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« Net Position: The charity achieved a net income of £7,244 for the year, a significant recovery from the £3,412 deficit in the prior period.
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e Reserves: Total funds carried forward as of 30 June 2025 are £490,644. « Asset Investment: The charity invested £12,228 in equipment and fixtures during the year to maintain standards.
Future Plans: The Ten-Year Strategy
To address the challenges of an aging building and escalating maintenance costs, the Board of Trustees has approved a formal ten-year plan. This strategic roadmap focuses on:
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e Systematic handling of building dilapidations.
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« Aphased schedule for the renewal of essential theatre and technical equipment.
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« Ensuring the long-term sustainability of the venue while continuing to meet high community demand.
Reference and Administrative Details
- « Registered Office: Leek Road, Stoke On Trent, Staffordshire, ST4 2TR. e Independent Examiner: Jack Martin FCCA, Paterson Brodie Limited.
Approved by order of the board of trustees on 21 November 2025 and signed on its behalf by:
LAs pOner
| Birkin ~ Trustee
REGISTERED COMPANY NUMBER: 01248819 (England and Wales) REGISTERED CHARITY NUMBER: 505863
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 30 June 2025
for
Stoke-on-Trent Repertory Theatre Ltd
Paterson Brodie Limited Chartered Certified Accountants Cliveden Chambers Cliveden Place Longton Stoke-on-Trent Staffordshire ST3 4JB
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd
Contents of the Financial Statements for the Year Ended 30 June 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd (Registered number: 01248819)
Report of the Trustees for the Year Ended 30 June 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01248819 (England and Wales)
Registered Charity number
505863
Registered office
Leek Road Stoke On Trent Staffordshire ST4 2TR
Trustees
M Allsop Director (appointed 27.1.25) N T M Bailey Director I Birkin Director Ms J Blake Director (appointed 27.1.25) S Campbell Director (appointed 27.1.25) A Clarke Director (appointed 27.1.25) (resigned 31.10.25) B Deacon Director (appointed 27.1.25) M N Lloyd Director R Masters Director Ms S J Procter Director (appointed 27.1.25) B Rawlins Director (appointed 27.1.25) Ms J Smith Training Executive (resigned 27.1.25) Ms C A Lockett Business Person (resigned 27.1.25)
Independent Examiner
Paterson Brodie Limited Chartered Certified Accountants Cliveden Chambers Cliveden Place Longton Stoke-on-Trent Staffordshire ST3 4JB
21/11/2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ I Birkin - Trustee
Page 1
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Independent Examiner's Report to the Trustees of Stoke-on-Trent Repertory Theatre Ltd
Independent examiner's report to the trustees of Stoke-on-Trent Repertory Theatre Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts 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
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the accounts 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.
Jack Martin FCCA
Paterson Brodie Limited Chartered Certified Accountants Cliveden Chambers Cliveden Place Longton Stoke-on-Trent Staffordshire ST3 4JB
21/11/2025 Date: .............................................
Page 2
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd
Statement of Financial Activities
for the Year Ended 30 June 2025
| 30.6.25 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 23,041 Charitable activities Lettings & Performances 141,628 Main Bar & Coffee Bar 63,959 Investment income 2 1,171 Total 229,799 EXPENDITURE ON Charitable activities Lettings & Performances 67,849 Main Bar & Coffee Bar 39,780 Other 114,926 Total 222,555 NET INCOME/(EXPENDITURE) 7,244 RECONCILIATION OF FUNDS Total funds brought forward 483,400 TOTAL FUNDS CARRIED FORWARD 490,644 |
30.6.24 Total funds £ 30,762 118,250 67,943 1,500 218,455 52,465 44,744 124,658 221,867 (3,412) 486,812 483,400 |
|---|---|
The notes form part of these financial statements
Page 3
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd (Registered number: 01248819)
Balance Sheet
30 June 2025
| 30.6.25 | 30.6.24 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 6 | 562,715 | 584,129 |
| CURRENT ASSETS | |||
| Cash at bank | 153,483 | 147,949 | |
| CREDITORS | |||
| Amounts falling due within one year | 7 | (1,831) | (4,222) |
| NET CURRENT ASSETS | 151,652 | 143,727 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 714,367 | 727,856 | |
| ACCRUALS AND DEFERRED INCOME | 8 | (223,723) | (244,456) |
| NET ASSETS | 490,644 | 483,400 | |
| FUNDS | 9 | ||
| Unrestricted funds | 490,644 | 483,400 | |
| TOTAL FUNDS | 490,644 | 483,400 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
21/11/2025
............................................. I Birkin - Trustee
The notes form part of these financial statements
Page 4
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd
Notes to the Financial Statements for the Year Ended 30 June 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 30.6.25 | 30.6.24 | |
| £ | £ | |
| Deposit account interest | 1,171 | 1,500 |
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continued...
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 30.6.25 | 30.6.24 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 33,642 | 33,641 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 30,762 |
| Charitable activities | |
| Lettings & Performances | 118,250 |
| Main Bar & Coffee Bar | 67,943 |
| Investment income | 1,500 |
| Total | 218,455 |
| EXPENDITURE ON | |
| Charitable activities | |
| Lettings & Performances | 52,465 |
| Main Bar & Coffee Bar | 44,744 |
| Other | 124,658 |
| Total | 221,867 |
| NET INCOME/(EXPENDITURE) | (3,412) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 486,812 |
| TOTAL FUNDS CARRIED FORWARD | 483,400 |
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continued...
Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
| 6. TANGIBLE FIXED ASSETS Long leasehold £ COST At 1 July 2024 535,240 Additions - At 30 June 2025 535,240 DEPRECIATION At 1 July 2024 41,466 Charge for year 20,733 At 30 June 2025 62,199 NET BOOK VALUE At 30 June 2025 473,041 At 30 June 2024 493,774 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR VAT Accrued expenses 8. ACCRUALS AND DEFERRED INCOME Deferred income 9. MOVEMENT IN FUNDS At 1.7.24 £ Unrestricted funds General fund 483,400 TOTAL FUNDS 483,400 |
Equipment & fixtures £ 116,172 12,228 128,400 25,817 12,909 38,726 89,674 90,355 30.6.25 £ 531 1,300 1,831 30.6.25 £ 223,723 Net movement in funds £ 7,244 7,244 |
Totals £ 651,412 12,228 |
|---|---|---|
| 663,640 | ||
| 67,283 33,642 |
||
| 100,925 | ||
| 562,715 | ||
| 584,129 | ||
| 30.6.24 £ 3,571 651 4,222 30.6.24 £ 244,456 |
||
| At 30.6.25 £ 490,644 |
||
| 490,644 |
continued...
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Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 229,799 229,799 |
Resources Movement expended in funds £ £ (222,555) 7,244 (222,555) 7,244 |
Resources Movement expended in funds £ £ (222,555) 7,244 (222,555) 7,244 |
|---|---|---|---|
| 7,244 |
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1.7.23 £ 486,812 486,812 |
Net movement in funds £ (3,412) (3,412) |
At 30.6.24 £ 483,400 |
|---|---|---|---|
| 483,400 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 218,455 218,455 |
Resources Movement expended in funds £ £ (221,867) (3,412) (221,867) (3,412) |
Resources Movement expended in funds £ £ (221,867) (3,412) (221,867) (3,412) |
|---|---|---|---|
| (3,412) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.7.23 £ 486,812 486,812 |
Net movement in funds £ 3,832 3,832 |
At 30.6.25 £ 490,644 |
|---|---|---|---|
| 490,644 |
continued...
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Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62
Stoke-on-Trent Repertory Theatre Ltd
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 448,254 448,254 |
Resources Movement expended in funds £ £ (444,422) 3,832 (444,422) 3,832 |
|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
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Document ID: dfa579ee-9220-43a2-be21-1850e27b1b62