BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee Registered in England No: 01333890 A Registered Charity No: 507832 REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee Registered in England No 01333890 A Registered Charity No 507832 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 CONTENTS PAGE Company Information Report of the Board of Management (as Trustees and Directors) Independent Examiner's Report Accounting Policies Statement of Financial Activities Balance Sheet Notes to the Financial Statements DONNELLYBENTLEY LTD Chartered Accountants Hazlemere 70 Chorley New Road Bolton BL148Y
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee COMPANY INFORMATION FOR THE YEAR ENDED 30 JUNE 2024 COMPANY DIRECTORS & TRUSTEES: Ms K Riley-shipperbottom (Chair) Mr C Harris (Treasurer) Mr M S Pillar (Secretary) IArs C H Butler Miss F Clemmitt Mr A Gradwell Ms M Collinson Mr P Haslam Mr D Lane Mr S Mott COMPANY SECRETARY.. Mr M S Pillar REGISTERED COMPANY NUMBER: 01333890 REGISTERED CHARITY NUMBER: 507832 REGISTERED OFFICE: Bolton Little Theatre Hanover Street Bolton BL14TG BANKERS: HSBC plc Victoria Square Bolton BL11RJ INDEPENDENT EXAMINER: Mr Andrew Newton, ACA DonnellyBentley Ltd Hazlemere 70 Chorley New Road Bolton BL14BY
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee REPORT OF THE BOARD OF MANAGEMENT IAS TRUSTEES AND DIRECTORS) FOR THE YEAR ENDED 30 JUNE 2024 The directors, who are trustees of the Charity. also comprise the Board of Management as set out below. The Board present their annual report and financial statements for the year ended 30 June 2024. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015). STRUCTURE, GOVERNANCE AND MANAGEMENT Governin Document Bolton Little Theatre Limited is a company limited by guarantee and is governed by Its Memorandum and Articles of Association. The company is a charity registered in England and Wales and is therefore non-profit making. Its directors and trustees are volunteers. The company has been incorporated without share capital as it is limited by guarantee, to a maximum of £1 by each of its members. ointment of Trustees The directors and truslees are appointed by the members of the organisation at the Annual General Meeting. Directors and trustees have the power under the governing documents to co-opt individuals who support the objects of the organisation to fill vacancies on the Board of Management, and to fulfil other specific roles. Trustee Induction As part of their induction. the new directorsltrustees are provided with information about the charity, the management structure, its history and working practiS. In addition they are also provided with a copy of the Memorandum and Articles of Association plus information from the Charity Commission and Companies House gardIng the duties and responsibilities of directors and trustees. OBJECTIVES AND ACTIVITIES Bolton Little Theatre Limited was founded in 1931 and apart frorn interruptions caused by war, rebuilding, and rnost recently Covid-19, has presented a regular season of plays since then. The Theatre in Hanover Street was acquired, converted and opened in 1934. Since October 2017 Bolton Little Theatre Limited has owned the long lease on the building. Since 1949 the Theatre has been a member of the Little Theatre Guild of Great Britain.
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS) FOR THE YEAR ENDED 30 JUNE 2024 The purpose of the Theatre is to promote and encourage theatre arts through education and the presentation of plays. The broad aims of the Theatre are: to foster an environment whereby the dramatic arts can be practised and performed on an accessible amateur basis by, and for, the people of Bolton and surrounding areas., to stage amateur productions each year, involving all ages of local volunteers, developing their dramatic, technical and organisational skills; to provide a link between the community and the arts. ACHIEVEMENTS AND PERFORMANCE Chalrman'8 Remarks I would like to thank my predecessor as chairman, David Srnart, for the time and effort he put into running the theatre, as a board director from late 2010, and additionally as chaimian from 2015. David also acted and directed. Bark Street Unitarian Chapel closed in 2022 and a dissolution committee was set up to distribute its funds to national and local charities. I would like to thank the dissolution committee for their extremely generous donation to the theatre of £20,000. You will not be surprised to hear that most of this has already been earmarked for maintenance and improvement work, including rewiring the main stage for new LED lighting, replacing a lighting board, and replacing windows. Bolton Little Theatre holds a special place in so many people's hearts and that is because of our volunteers, Without them the theatre would not be what it is, a safe, friendly and comfortable place for our audiences to come and relax and enjoy an evening of entertainment. Our volunteers give up their time to support our wonderful theatre and in doing so we can put on plays and pantomimes of a high standard. Thank you to all our volunteers and audiences for your continued support. We have an exciting season planned for 2024125 and I know that it will be a great success. Keep supporting us where you can and let us keep the heart of our wonderful little theatre alive!
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS) FOR THE YEAR ENDED 30 JUNE 2024 The Season's Productions Details of the plays for the year to 30 June 2024 are as follows: Box Office Play Director Perfs Seats Home I'm Darling Blue Stockings Dick Whiltington Absent Friends Hangmen Player's Angels Varonica's Room Allo Allo Peter Scofield Sandra Simpson David Smart Frances Clemmitt Simon Moti Carol Butler Peter Haslam Richard Leigh 435 491 1,458 488 807 566 360 978 44 99 81 100 83 58 74 100 10 (M - main stage, capacity 163 seats; F- Forge, capacity 60 seats) Additional Activities These include acoustic music nights, cinema showings, and external lettings. As with last year, the main activity was acoustic music nights, and we also hosted two charity nights. The theatre was used by Stagecoach Bolton, New Rosemere Operatic Society and Forza Dance. Governance Membership: M8mbership for the year was 82 (2023, 104), which is a continuing decline. We hope to improve member numbers for the 2024125 season. Board of directors: At the AGM on 4 December 2023 the following were elected to the board, At that date no-one was elected to replace David Smart as Chairman but Kimberley Riley- Shipperbottom subsequenlly agreed to take on the role. Craig Harris (Treasurer) Mark Pillar (Secretary) Carol Butler Frances Clemmitt Andrew Gradwell Peter Haslam Nigel M iller Simon Mott Kimberley Riley-shipperbottom Board meetings have taken place through the year.
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS) FOR THE YEAR ENDED 30 JUNE 2024 Marketing committee: David Smart was responsible for marketing, including social media postings and editing the website, until his resignation at the AGM. Since then marketing has been undertaken by Simon Mott and team. Play production team: The team of Peter Scofield, Kirn Amiston and Simon Mott, and latterly Peler Haslam. have once again worked hard to choose plays and directors for the 2024125 season, and take responsibility for putting them on Ihe stage. BL T 100 Club.. Nigel Miller continued to run this. As well as prize monies the club has provided £524 (2023 £450) for the theatre's funds. Box office: Frances Clemmitt remained in charge, with a competent team to run the box office at productions and at other advertised times for th8 current season. Bar and front of house: David Smart organised the rotas for house Manager and the bar until his resignation at the AGM. Carol Butler took over the rota for front of house and Peter Haslam took over the rota for the bar. Bar stock was organised by David Smart. until his resignation at the AGM, and Mark Pillar. The licensee is Carol Butler. June Grice continued lo organise the coffee rota. Engaging with the community: The theatre wishes to support other local theatre groups as much as it can, subject to the time required for its own season. PUBLIC BENEFIT We have referred to the guidance in the Charity Commission's g8neral guidance on public benefit when reviewing our Aims and Objectives and in planning our future activities. As the earlier part of this report demonstrates, it is clear that the building work w8 have done will ensure it is fit for the public to benefit from the activities of the Charity, in accordance with the Charity's Aims and Objectives. FINANCIAL REVIEW The surplus for the year was £10,791 (2023: £2,312 surplus). RESERVES POLICY It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity, at a level which equates to at least one year's operalional costs. GOING CONCERN The Board has reviewed the financial position and considers the Theatre has sufficient reserves to continue as a going concem.
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS) FOR THE YEAR ENDED 30 JUNE 2024 BOARD OF MANAGEMENT The Board of Management which served during the year is listed below. 30 June 2024 Mr D Smart {resigned 04112123) Ms K Riley-shipperbottom {from 03104124) Mr C Harris 30 June 2023 Mr D Smart (resigned 04112123) Chair: Treasurer., Mr C Harris Secretary: Mr M Pillar Mrs C Butler Mrs C Butler Ms F Clemmitt Ms F Clemmitt Mr A Gradwell Mr A Gradwell Ms E Hill (resigned 30109122) Mr N Miller (resigned 11104124) Mr N Miller Mr S Mott (resigned 02111122, appointed Mr S Mott (resigned 02111122) 04112123) Ms M Collinson (appointed 10101124) Mr D Lane (appointed 15105124) Ms K Riley-shipperbottom Mr A Foster (appointed 09101123, resigned 27105123) Mr P Haslam (appointed 04112123) All the Board of Management are also directors and trustees. All directors are volunteers and received no rernuneration for their services during the year, None of the directors who served during the year had any beneficial interest in the company. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees {who are also directors of Bolton Little Theatre Limited for the purposes of company law) are responsible for preparing the Truste8s' Report and the financial statements in accordance with applicable law and United Kingdom Accounling Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements the trustees are required to: Select suitable accounting policies and Ihen apply them consistently; Observe the methods and principles in the Charities SORP. Make judgements and estimales that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee REPORT OF THE BOARD OF MANAGEMENT (AS TRUSTEES AND DIRECTORS) FOR THE YEAR ENDED 30 JUNE 2024 The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detects.on of fraud and other irregularities. TAXATION The Board of Management are of the opinion that the company is a close company for taxation purposes. Exemption from taxation has been granted by Revenue & Customs under the provisions of Section 505 of the Income and Corporation Taxes Act 1988. INDEPENDENT EXAMINER The directors consider that for the year ended 30 June 2024 the company was entitled to exemption from a statutory audit under Section 477 of the Companies Act 2006. Under the provisions of the Act the directors have appointed Mr A J Newton of DonnellyBentley Chartered Accountants as Independenl Examiner. SMALL COMPANY EXEMPTION In preparing this report, the directors have taken advantage of the special provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. APPROVED BY THE BOARD OF MANAGEMENT AND SIGNED ON BEHALF OF THE BOARD BY: Mark Pillar- Secretary 9 December 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee FOR THE YEAR ENDED 30 JUNE 2024 I report to the charity trustees on my examination of the accounts of the company for the year ended 30 June 2024 which are set out on pages 4 to 7. Responsibilities and basis of report As the charity 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 company'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 that in any material respect: 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 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement Ihat the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination; or 4. 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. Mr Andrew Newton ACA DonnellyBentley Ltd Chartered Accountants Hazlemere 70 Chorley New Road Bolton BL14BY 9 December 2024
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee ACCOUNTING POLICIES FOR THE YEAR ENDED 30 JUNE 2024 BASIS OF PREPARATION The financial statements have been prepared under the historic Gost convention and the going concern basis. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019 (Charities SORP 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The principal accounting poliGi8s adopted in the preparation of the financial statements are set out below. Bolton Little Theatre meets the definition of a public benefit entity under FRS 102, Assets and liabilities are initially recognised at historical cost or transaction value unless othenNise stated in the relevant accounting policy note(s). FUND ACCOUNTING Unrestricted funds are not subject to any restrictions regarding their use and are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity, Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of a grant. Details of the balances on r8Stricted funds at the year end are set out in note 7 to the accounts. INCOME RECOGNITION POLICIES All inooming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. EXPENDITURE Expenditure is recognised on an accrual basis as a liability is incurred. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. All costs are allocated between the expenditure categories on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated d1ctly. others are apportioned on an appropriate basis. DEPRECIATION Depreciation is provided by the reducing balance rnethod on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over their expected useful lives as follows: Leasehold land and buildings Improvements to land and buildings Theatre equipment Fixtures and fittings 20/0 per annum 50/0 per annum 15 % per annum 15./0 per annum
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee ACCOUNTING POLICIES FOR THE YEAR ENDED 30 JUNE 2024 STOCK Stock is stated at the lower of cost and net realisable value. VAT ACCOUNTING Irrecoverable VAT on expenditure is not analysed separately but attributed to the category of expenditure on which it is incurred. DEBTORS Trade and other debtors are recognised at the settlement amount due after any discount offered, Prepayments are valued at the amount prepaid net of any discounts due. CASH AT BANK AND IN HAND Cash at bank and in hand includes cash and short tenn highly liquid investments with a short maturity of three months or18ss from the date of acquisition or opening of the deposit or similar account. CREDITORS AND PROVISIONS Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in Ihe transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due. TAXATION No provision has been made for taxation as exemption from taxation has been granted by the Inland Revenue under the provisions of Section 505 of the Income and Corporation Taxes Act 1988. This is subject to the continuing fulfilment of the requirements of that section that income is applicable and applied to charitable purposes only. CASH FLOW STATEMENTS Exemption has been taken from preparing a cash flow statement on Ihe grounds that the company qualifies as a small company under the Cornpanies Act 2006. The Board of Management have elected to take advantage of the exemption under Update Bulletin 1 of the Charities SORP (FRS 102} not to prepare a cash flow statement. GOING CONCERN The trustees have reviewed the circumstances of Bolton Little Theatre and consider that adequate resources continue to be available to fund the activities of the charity for the forese8able future. The trustees are of the view that the charity is a going concern. JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY The preparation of these financial statements require certain judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. Estimates and judgements are continually evaluated and are based on historical experience and other fadors, including expectations of future events that are believed to be reasonable under the circumstances.
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee STATEMENT OF FINANCIAL ACTIVITIES (including Income & Expenditure Account) FOR THE YEAR ENDED 30 JUNE 2024 Notes Unrestrlcted Funds Heritage Lottery Fund Total Funds 2024 Total Funds 2023 INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activilies.. Ticket sales Singalongs and Films Other trading activities Investment income TOTAL INCOME 21,g50 21,950 2,180 63,618 1,483 31,072 1,309 119,432 63,618 1,483 31,072 1,309 119,432 66,108 26,431 491 95,210 EXPENDITURE ON: Raising funds Charitable acllvilies.. Production costs Other TOTAL EXPENDITURE 12.705 12,705 10,621 26,908 67.084 106.697 26,908 69,028 108,641 16,678 65,599 92,898 1,944 NET INCOME 12,735 {1,944) 10,791 2,312 Transfers NET MOVEMENT IN FUNDS 12,735 (1,944) 10,791 2,312 RECONCILIA TION OF FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FOWARD 315,204 44,710 359,914 357.602 327,939 370 705 359,914 The Heritage Lottery Fund is a restricted fund for the collection, ordering, preservation, exhibition and publication of the Theatre's archive. The £1,944 of expenditure on the Fund relates to depreciation on the building alterations previously capitalised at note 4 to the accounts, as those were originally funded by a Heritage Lottery Grant. The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
BOLTON LITTLE THEATRE LIMITED A Private Company Limitad by Guarantee BALANCE SHEET AS AT 30 JUNE 2024 Note 2024 2023 FIXED ASSETS Tangible Assets 242,180 253,145 CURRENT ASSETS Stocks Debtors and Prepayments Cash at Bank Cash in Hand 656 19,603 116,861 648 137,768 642 15,451 98,990 1,204 116,287 CREDITORS: Amounts Falling Due Within One Year NET CURRENT ASSETS 9,243 9,518 128 525 106769 TOTAL ASSETS LESS CURRENT LIABILITIES 370,705 359,914 FUNDS Heritage Lottery Fund Unrestricted Funds 42,766 327,939 44,710 315,204 TOTAL FUNDS 7&8 370,705 359,914 The directors are satisfied that the company was entitled to exemption under Section 477 of the Companies Act 2006 and that members have not required an audit in accordance with Section 476. The directors acknowledge their responsibilities for. Ensuring that the company keeps accounting records which comply with Section 386; and ii. Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its surplus ordeficit for the financial year in accordance with the requirements of Section 396, and which othenvise comply with the requirements of this Act relating to accounts, so far as applicable to the charitable company.
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee BALANCE SHEET AS AT 30 JUNE 2024 The Financial Statements on pages 4 to 7 have been prepared in accordanc8 With the provisions of the Companies Act 2006 applicable to companies subject to the small companies regime, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. The Financial Statements were approved by the Board of Management on 9 December 2024 and signed on its behalf by.'_ K Riley-shipperbottom (Chair) C Harris (Treasurer)
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 I. INCOME The income is entirely attributable to the company's principal aims and objectives. The operating surplus is stated after 2024 2023 Directors, Remuneration Independent Examiner's Remuneration (including VAT) Depreciation 2.310 10,965 2,100 11,642 Total 2024 Total 2023 Unrestricted Restricted Donations and Legacles Memberships. Fees arid Donations Gift Aid Grants Legacy 21,770 180 21,770 180 1,898 282 21,950 21.950 Charltable Actlvities Ticket Sales Singalongs and Films 63,618 1,483 65,101 63,618 1,483 65,101 66.108 66,108 Other Trading Activltles Sale of Programmes Bar and Coffee Sales Theatre Lettings Merchandise and Ice Cream Sales Other Fundraising Activities 1,157 21,591 5,715 1,832 777 31,072 1,157 21,591 5,715 1,832 777 31,072 826 17,805 4,708 2,642 450 26,431 Investment Income Bank Interest Received 1.309 1,309 1,309 1,309 491 491 TOTAL INCOME 119,431 119,431 95,210 The income for 2023 was all unrestricted.
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 2. EXPENDITURE Total 2024 Total 2023 Unrestricted Restricted Theatre O erations Ralsing funds Production costs other 12,705 26,908 67,084 106,697 12,705 26,908 69,028 108,641 10,621 16,678 65,599 1,944 1,944 The £1,944 of expenditure on the Restricted Fund relates to depreciation on the building alt8rations previously capitalised at note 4 lo the accounts, as those were originally funded by a Heritage Lottery Grant. See also note 7. The expenditure for 2023 was £90,852 unrestricted and £2,046 restricted. 3. STAFF COSTS There were no employees during the year excluding directors and voluntary staff (2023: nil). None of the directors (who are also Trustees) received any remuneration for their services during the year. 4. TANGIBLE FIXED ASSETS Leasehold Land & Buildlngs Improvements to Land & Buildings Theatre Equipment Flxtures Total Fittlngs COST At 1 July 2022 Addltions Disposals As at 30 June 2023 93,203 358,656 103,546 9,151 564.556 93.203 358,656 103.546 9,151 564,556 DEPRECIATION At 1 July 2022 Provided in Year As at 30 June 2023 8,954 1,685 10.639 198,108 8,028 206.136 96,412 7,937 182 8,119 311,411 10,965 322,376 97,482 NET BOOK VALUE As at 30 June 2024 82,584 152,520 6,064 1,032 242,180 NET BOOK VALUE As at 30 June 2023 84,249 160,548 1,214 253,145
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 The theatre at Hanover Street. Bolton was acquired by Ihe charity in October 2017 following agreement with the trustees of the Wigglesworth Trust and the Bolton Lads and Girls Club (residual beneficiaries of the Trust). The above fixed assets are represented by expenditure incurred at the theatre at Hanover Street, Bolton. 5. DEBTORS AND PREPAYMENTS 2024 2023 Trade Debtors Gift Aid Tax Refund Debtor Prepayments 8,676 215 10,712 19,603 5,400 300 9,751 15,451 6. CREDITORS- AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accruals and Prepaid Income Other Creditors 9,243 5,997 3,521 9,518 7. ANALYSIS OF MOVEMENTS OF FUNDS IN THE PERIOD Unrestricted Funds Heritage Lottery Fund Total Funds 2024 Total Funds 2023 Income Expenses 119,431 106,696 12,735 119,431 108,641 10,790 95,210 92,898 2,312 1,944 (1,944) Fund at 1 July 2023 315,204 44,710 359,914 357,602 Funds available for use at 30 June 2024 327,939 42,766 370,705 359,914
BOLTON LITTLE THEATRE LIMITED A Private Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 8. ANALYSIS OF NET ASSETS BETWEEN FUNDS Final balances at 30 June 2024 are represented by: Unrestricted Funds Heritage Lottery Fund Total Tangible Fixed Assets Current Assets Current Liabililies 199,414 137,768 9,243 42,766 242,180 137,768 9,243 370,705 327,939 42,766 9. TRANSACTIONS WITH DIRECTORS AND TRUSTEES There have been no transactions with directors during the year apart from the reimbursement of costs incurred on the charity's behalf, totalling £4,650 between 8 directors. 10. ULTIMATE CONTROLLING PARTY The company is under the control of the Board of Management. 11. LEGAL STATUS OF THE TRUST The Charity is a company limited by guarantee and has no share capital. It was incorporated in England and Wales, The liability of each member in the event of winding-up is limited to £1. The address of the registered office can be found on the 'Company Information, page and the principal activities are described in the 'Trustees Report. on page 2. 12. CAPITAL COMMITMENTS The Charity had no capital cornmitments at the year end.