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← Bolton Little Theatre Limited

2025-06-30-accounts

Charity registration number 507832 (England and Wales)

Company registration number 01333890

BOLTON LITTLE THEATRE LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

BOLTON LITTLE THEATRE LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees K Riley-Shipperbottom
C Harris
MS
Pillar
F Clemmit
D Lane
S Mott
CH Butler
P Gower (Appointed 6 November2024)
R J Leigh (Appointed 9 July 2025)
H Livesey (Appointed 20 August2025)
Secretary MS Pillar
Charity number (England and Wales) 507832
Company number 01333890
Registered office HanoverStreet
Bolton
Lancashire
BL14TG
Independent examiner A Newton ACA
DonnellyBentley Ltd
Hazlemere
70 ChorleyNew Road
Bolton
Lancashire
BL14BY

BOLTON LITTLE THEATRE LIMITED

CONTENTS

Page Trustees' report (including directors’ report) 1-5 Independent examiner's report 6 Statement of financial activities (including income and expenditure account) 7 Balance sheet 8

Notes to the financial statements

9- 16

BOLTON LITTLE THEATRE LIMITED TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) FOR THE YEAR ENDED 30 JUNE 2025

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 2025.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles af 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 lretand (FRS 102) (effective 1 October 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing 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.

Appointment of trustees

The directors and trustees are appointed by the membersofthe 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.

None of the trustees have any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Trustee induction

As part of their induction, the new directors/trustees are provided with information about the charity, the management structure, its history and working practices. 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 regarding the duties and responsibilities of directors and trustees.

OBJECTIVES AND ACTIVITIES

Bolton Little Theatre Limited was founded in 1931 and apart from interruptions caused by war, rebuilding, and most 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.

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:

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BOLTON LITTLE THEATRE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

ACHIEVEMENTS AND PERFORMANCE

Chairman's remarks

| would like to take this opportunity to thank all our volunteers for the hard work and dedication they have put in to put on a wonderful 2024/25 season. With your help we have been able to show a fantastic range of plays with wonderful sets, lighting plots and beautifully picked costumes. The acting has once again been outstanding and the directing thoughtfully and professionally created. The front of house, bar and box office have all been managed with care and professionalism and have provided audiences with a wonderful service. The running of the Theatre has once again been done by our extremely dedicated team whose main goals are to keep the theatre and its heart going. We did a rough calculation of the hours put in by everyone and it was easily 6,500 to 7,000 hours.

Maintenance to the building is, as you would expect, ongoing. During this financial year we have repaired the roof over one of the main stage wings, done a full electrical check and service and done other work such as adding backstage monitors to help the cast and crew.

Bolton Little Theatre is such a special place for so many people. Our aim is making it a place for friends to meet, passions to grow and warm the hearts of all who enter. We have an exciting season planned for 2025/26 and | 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 beating!

The season's productions

Details of the plays for the year to 30 June 2025 are as follows:

Play Director Performances Seats Box Office%
Ghost Train Carol Butler M 6 912 93%
The Children’s Hour Eleanor Maxwell F 8 407 82%
Robin Hood Georgie Smart M 10 1,320 74%
The Birthday Party Simon Mott F 8 460 94%
BlackAdder Il Ben Latham M 6 979 100%
The Deep Blue Sea Peter Scofield F 8 334 68%
TheRiseandFallofLittleVoice GeoffMillard M 6 596 61%

(M - main stage, capacity 163 seats; F — Farge, capacity 60 seats)

As well as these productions the theatre had a Festival of New Writing in early June 2025 for two nights and a matinee in the Forge, which was sold out. This comprised ten short pieces of new writing for the stage.

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.

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BOLTON LITTLE THEATRE LIMITED TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Governance

Membership: Membership for the year was 95 (2024: 82). We hope to improve member numbers for the 2025/26 season.

Board of directors: At the AGM on 27 January 2025 the following were elected to the board:

Kimberley Riley-Shipperbottom (Chairman)

Craig Harris (Treasurer) Mark Pillar (Secretary) Carol Butler Frances Clemmitt Meredith Collinson Peter Gower Peter Haslam Dean Lane Simon Mott

Board meetings have taken place throughout the year.

Marketing committee: Simon Mott and team have been responsible for marketing, including social media postings and editing the website.

Play production team: The team of Peter Scofield, Simon Mott and Peter Haslam, have worked hard to choose plays and directors for the 2025/26 season, and take responsibility for putting them on the stage.

BLT 100 Club: Nigel Miller continued to run this. As well as prize monies the club has provided £498 (2024: £524) 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 the current season.

Bar and front of house: Carol Butler continued to organise the rota for house manager and took over the rota for the bar from Peter Haslam in 2025. Bar stock was organised by Mark Pillar. The licensee is Carol Butler. June Grice continued to 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 general guidance on public benefit when reviewing our Aims and Objectives and in planning our future activities. In the opinion of the Directors the public does benefit from the activities of the Charity, in accordance with the Charity's Aims and Objectives.

FINANCIAL REVIEW

The deficit for the year was £7,736 (2024: £10,791 surplus which included a one-off £20,000 donation).

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 operational costs.

GOING CONCERN

The Board has reviewed the financial position and considers the Theatre has sufficient reserves to continue as a going concern.

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BOLTON LITTLE THEATRE LIMITED

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

BOARD OF MANAGEMENT

The Board of Management who served during the year are listed below.

Chair: Kim Riley-Shipperbottom Treasurer: Craig Harris Secretary: Mark Pillar Carol Butler Frances Clemmitt Meredith Collinson (resigned 14 May 2025) Peter Gower (appointed 6 November 2024) Andrew Gradwell (resigned 27 January 2025) Peter Haslam (resigned 11 August 2025) Dean Lane Simon Mott

All the Board of Management are also directors and trustees. All directors are volunteers and received no remuneration 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 aiso directors of Bolton Little Theatre Limited for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting 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:

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 detection 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 2025 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 appointed Andrew Newton of DonnellyBentley Chartered Accountants as Independent Examiner.

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BOLTON LITTLE THEATRE LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

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.

The trustees’ report was approved by the Board of Trustees.

corer . Secretary

Date: 5 November 2025

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BOLTON LITTLE THEATRE LIMITED

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BOLTON LITTLE THEATRE LIMITED

I report to the trustees on my examination of the financial statements of Bolton Little Theatre Limited (the charity) for the year ended 30 June 2025 which are set out on pages 7 to 16.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, | report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in tnis report in order to enable a proper understanding of the financial statements to be reached.

A Newton ACA

ICAEW

DonnellyBentley Ltd Haziemere

70 Chorley New Road Bolton Lancashire BL1 4BY

Date: 5 November 2025

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BOLTON LITTLE THEATRE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2025

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income from:
Donations and legacies 2 1,966 - 1,966 21,950 - 21,950
Charitable activities 3 62,590 - 62,590 65,101 - 65,101
Othertrading activities 4 27,285 - 27,285 31,072 - 31,072
Investments § 1,725 - 1,725 1,309 - 1,309
Total income 93,566 - 93,566 119,432 - 119,432
Expenditure on:
Raising funds 6 12,000 - 12,000 12,705 - 12,705
Charitable activities 7 87,455 1,847 89,302 93,992 1,944 95,936
Total expenditure 99,455 1,847 101,302 106,697 1,944 108,641
Net income/(expenditure) (5,889) (1,847) (7,736) 12,735 (1,944) 10,791
Transfers between
funds 5,834 (5,834) - - - -
Net movement in
funds 9 (55) (7,681) (7,736) 12,735 (1,944) 10,791
Reconciliation of funds:
Fund balances at 1 July 2024 327,939 42,766 370,705 315,204 44,710 359,914
Fund balances at 30 June
2025 327,884 35,085 362,969 327,939 42,766 370,705

The Heritage Lottery Fund is a restricted fund for the collection, ordering, preservation, exhibition and publication of the Theatre's archive. The £1,847 of expenditure on the Fund relates to depreciation on the building alterations previously capitalised at note 13 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 derive from continuing activities.

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BOLTON LITTLE THEATRE LIMITED

BALANCE SHEET

AS AT 30 JUNE 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 13 243,478 242,180
Current assets
Stocks 14 832 656
Debtors 15 16,214 19,603
Cash at bank and in hand 107,585 117,509
124,631 137,768
Creditors: amounts falling due within one 16
year (5,140) (9,243)
Net current assets 419,491 128,525
Total assets less current liabilities 362,969 370,705
The funds ofthe charity
Restricted income funds 17 35,085 42,766
Unrestricted funds 18 327,884 327,939
362,969 370,705

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 5 November 2025

t C Harris K Riley-Shipperbottom Treasurer Chair

Company registration number 01333890 (England and Wales)

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BOLTON LITTLE THEATRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

Charity information

Bolton Little Theatre Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Hanover Street, Bolton, Lancashire, BL1 4TG.

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of[Ireland”] and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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BOLTON LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

(Continued)

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.

1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold land and buildings 2% per annum Improvements to land and buildings 5% per annum Theatre equipment 15% per annum Fixtures and fittings 15% per annum

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement offinancial activities.

1.7 Impairment of fixed assets

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BOLTON LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

a

2
Incomefromdonationsandlegacies
Unrestricted
Unrestricted		 2
Incomefromdonationsandlegacies
Unrestricted
Unrestricted		 2
Incomefromdonationsandlegacies
Unrestricted
Unrestricted		 2
Incomefromdonationsandlegacies
Unrestricted
Unrestricted
funds funds
2025 2024
£ £
Donations and gifts 1,966 21,950
3 Income from charitable activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Ticket sales 62,167 63,618
Singalongs and films 423 1,483
62,590_ 65,101
4 Income from othertrading activities
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Sale ofprogammes
Bar and coffee sales		 788
21,355		 1,157
21,591
Theatre lettings 2,332 5,715
Merchandise and ice cream sales 2,084 1,832
Otherfundraising activities 726 777
Othertrading activities 27,285 31,072
5 Income from investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Bankinterestreceived 1,725 1,309

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BOLTON LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

6 Expenditure on raising funds

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Programmes 1,850 2,091
Change in bar stock (176) (14)
Bar, coffee, ice cream & merchandise 10,326 10,628
12,000 12,705

7 Expenditure on charitable activities

Production Other costs Production Other costs Total Production Other costs Total
costs costs
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Direct costs
Production Costs 23,308 - 23,308 26,878 - 26,878
Box Office and Card
Costs (30) : (30) 30 : 30
Share of support and governance costs (see note 8)
Support - 63,429 63,429 . 66,718 66,718
Governance - 2,595 2,595 - 2,310 2,310
23,278 66,024 89,302 26,908 69,028 95,936
Analysis by fund
Unrestricted funds 23,278 64,177 87,455 26,908 67,084 93,992
Restricted funds - 1,847 1,847 - 1,944 1,944
23,278 66,024 89,302 26,908 69,028 95,936

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BOLTON LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

8 Support costs allocated to activities

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Depreciation|12,396|10,965| |Rent,|rates|and|water|2,535|2,136| |Heat and|light|11,581|16,265| |Telephone|and|broadband|1,083|936| |Stationary|and|postage|256|66| |Repairs|and|maintenance|14,822|15,702| |Household|and|cleaning|7,986|8,067| |Insurance|6,694|6,307| |Advertising|and|publicity|3,901|2,582| |Sundry|expenses|2,175|3,692| |Governance|costs|2,595|2,310| |66,024|69,028| |Analysed|between:| |Other|costs|66,024|69,028| |9|Net movement|in|funds|2025|2024| |£|£| |The|net|movement|in|funds|is|stated|after|charging/(crediting):| |Fees|payable|for the|independent|examination|of the|charity's|financial| |statements|3,660|2,310| |Depreciation|of owned|tangible|fixed|assets|12,396|10,965|

----- End of picture text -----

10 Trustees

Noneofthe trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

11. Employees

The average monthly number of employees during the year excluding directors and voluntary staff was:

Total

----- Start of picture text -----
||| |---|---| |2025|2024| |Number|Number| |~|-|

----- End of picture text -----

None of the directors (who are also Trustees) received any remuneration for their services during the year.

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

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BOLTON LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

13 Tangible fixed assets

13 Tangible fixed assets
Leasehold Improvements Theatre Fixtures and Total
land and
buildings		 to land and
buildings		 equipment fittings
£ £ £ £ £
Cost
At 1 July 2024 93,203 358 656 103,546 9,151 564,556
Additions - - 13,694 - 13,694
At 30 June 2025 93,203 358,656 117,240 9,151 578,250
Depreciation and impairment
At 1 July 2024 10,639 206,136 97,482 8,119 322,376
Depreciation charged in the year 1,651 7,626 2,964 155 12,396
At 30 June 2025 12,290 213,762 100,446 8,274 334,772
Carrying amount
At 30 June 2025 80,913 144,894 16,794 877 243,478
At 30 June 2024 82,564 152,520 6,064 1,032 242,180
14 Stocks
2025 2024
£ £
Finished goods and goods for resale 832 656
15 Debtors
2025 2024
Amounts falling due within one year: £ £
Trade debtors 5,136 8,676
GiftAid tax refund debtor 110 215
Prepayments 10,968 10,712
16,214 19,603
16 Creditors: amounts falling due within one year
2025 2024
£ £
Accrualsanddeferredincome 5,140 9,243

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BOLTON LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 July 2024 Resources Transfers At 30 June
expended 2025
£ £ £ £
Heritage Lottery Fund 42,766 (1,847) (5,834) 35,085
42,766 (1,847) (5,834) 35,085
Previous year: At 1 July 2023 Resources
expended		 Transfers At30June
2024
£ £ £ £
HeritageLotteryFund 44,710 (1,944) - 42,766

The £1,847 (2024 - £1,944) of expenditure on the Restricted Fund relates to depreciation on the building alterations previously capitalised at note 13 to the accounts, as those were originally funded by a Heritage Lottery Grant.

A transfer of £5,834 was made from the Heritage Lottery Fund to the Unrestricted Fund to reflect additional depreciation which should have been classed as restricted expenditure.

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 July 2024 Incoming Resources Transfers At 30 June
resources expended 2025
£ £ £ £ £
Unrestricted Funds 327,939 93,566 (99,455) 5,834 327,884
327,939 93,566 (99,455) 5,834 327,884
Previous year: At 1 July 2023 Incoming
resources		 Resources
expended		 Transfers At 30 June
2024
£ £ £ £ £
UnrestrictedFunds 315,204 119,432 (106,697) - 327,939

gry

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BOLTON LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

19 Analysis of net assets between funds

Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 30 June 2025:
Tangible assets 202,559 35,085 243,478
Current assets/(liabilities) 119,491 - 119,491
322,050 40,919 362,969
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 30 June 2024:
Tangible assets 199,414 42,766 242,180
Current assets/(liabilities) 128,525 - 128,525
327,939 42,766 370,705

20 += Related party transactions

There have been no transactions with directors during the year apart from the reimbursement of production expenses incurred on the charity's behalf, totaling £7,765 (2024 - £4,650) between 6 (2024 - 8) directors.

  1. Ultimate controlling party

The company is under the control of the Board of Management.

22 Capital commitments

The Charity had no capital commitments at the year end.

23 ~+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.

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