COWIPANY REGISTRATION NUMBER: 01446366 CHARITY REGISTRATION NUMBER: 509251 NTC Touring Theatre Company Ltd Company Limited by Guarantee Unaudited Financial Statements 31 March 2026 STEPHENSON COATES LIMITED Accountants West 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD
NTC Tourlng Theatre Company Ltd Company Limited by Guarantee Flnancial Statements Year ended 31 March 2026 Page Trustees, annual report (incorporating the director's report) Independent examinerfs report to the trustees statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 10
NTC Touring Theatre Company Ltd Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 March 2026 Thè trustees, who are also the directors for the purposes of company law, present their reF)Ort and the unaudited financial slalemenls of the charity for th8 year ended 31 March 2026. Reference and admlnlstrative detalls Reglsterod Gharity name NTC Touring Theatre Company Ltd harlty registratlon numbor 509251 Company registration numbèr 01448366 Principal offlco and registered The Dovocote Centre office Dovecote Street Amble NE65 ODX Northumberfand The trustegs K A Brunlon J Donnelly C Greenhalgh G Hambleton P M Harrison S Howson BHOY K Mo)TiSDn (Resigned 31 March 20261 Independent examiner Poler Alexander Bsc Wesl 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD
NTC Touring Theatre Company Ltd Company Limited by Guarantee Trustees. Annual Report {In¢orporating the Diredor's Report) (ci¥ntlnvtrd) Year ended 31 March 2026 Structure, governance and management Governin enl The Company is a charitsb18 company limSled by guarantee incorporated in England as the Northumberland Theatre Company Limited on 13th September 1979. was Oslablished under a Memorandum ofAssociation which established the objects and powers oflhe company and is governed under ils Articles of Association. The company name was changed to NTC Touring Theatre Company Ltd on 11 April 1994. The Board ofTrustees meet quart8dy to review the organisalion and discuss action required forthe futuro. The Audit Committeè and Employment and Financ8 Committe& meet twice yearly to ensure the smooth running of the organlsalion. The Building Committee meet as and when required. The A$IC Director is entrusted with the day.104ay running of the company and is responsible fc delivering the services sp8cified. D6CiS Makin The organisalion is govemed ty a Board of Directors, which consists of nominated members. The Board Is responsible for the management and control of the Charity and overall direction of Its work. Directors are also appointed as Trusl8es ol the Charity. The day-to.day operations of Ihe charity are overse8n by the Charity Manager who is repOrtale to the Charity Chair. Exe ions from Disdosur There ar6 no exemptions from disclosure. unds td as Custo ian Trustee on B8ha Others There are no funds held as Custodian Trustee on behalf of others. or Risks Major risks have been reviewed, and systems or procedures have been 8Stablished to manage those risks. Policies d Procedur ion and T in of Truste The charity r8cognises that an indtjction programme Is vilal to ensure they understand the work, demands and requiremènts of their role. All TrLtst&es'. Receive links lo key documents and have a$S to all policigs and procedures of the organisation, their purpose and implementation. Thls includes general organisalional policies, organlsational chart, board skills and Oxperience. mlnLrtes of meetings, charity commission guidance, i.e., the essèntial trusteg Receive training rèlevant to their Tole, responsibilitses and individual needs. This includes Safe9uardlng. Hoallh and Safety, Employment Law, Div8rsily and Incluslon, Financial Management Trustees are kèpt up lo dale wth regards lo organisalional developments. alongside updates from regulators and partners. Annual appr8lsal and opportunltles for mentoring and training.
NTC Touring Theatre Company Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢onllnyedJ Year ended 31 March 2026 Objectives and actSvities The Trustees have paid due regard to guidancè issued by the Charity Commission In deciding what activities the Charity should undertake lo further the charitable purposes for tho public benefit. These activities ar8 summarised below. To make professional touring theatre of the highest quality assIble to thos8 communities are theatrically disenfranchised through geographic, economic, social or tTan5POrtconslraints, Ihealre which Is made in NorthurNberland for a national audience, theatre which is accessible and relevant, is innovative and entertaining with integrity and humour. In addition lo provide the highest quality training and support lo and emerging theatre practitioners in th8 region through on-1heob training opportunities. For over 40 years, NTC has 8eNed as a beacon of artlstlc excellence in the North. bridging the gap b8tween cultural provision and geographic isolation. Our aim remains simple but profound.. to tell compelling stories. lo Inspire, and lo build meaningful Connections in villages, small towns, and communities across Northumberland and beyond. Achl8v8ments and performance AcsS lo theatre and culture remains a vital component of SOCT818l development, offering a unique platform for storytelling and Oxpression. It nurtures creativity and empathy. providing a stage for diverse voicas and perspectives. By bringlng stories to life, theatre inspiras, educates. and provokes thought, allowing audiences tr) explore various facets of the human experience. Furthermore, thealre is a communal experience, uniting people lo share the magic of Ilve performance and creating a sense of conn8clion and community. 11 is vital that we contlnue to provide Ihls for peoplg in rural or Ihealfically disenfranchised communities. Community Hub: The Dovecote Centra Our venue, The Dovecote Centre in Amble, ¢tinUeS lo Ihrivo as an essentlal conwnunity hub, offering wide range of activities and servlces. highlights includ8: Hosting over 10 community groups, such as Amble Women's Instilule, WoighlWatGhgrs Amble and Dovecote Slregt Arts- an org8ni8alion that allows creativity and expresslon through art. Serving as a local banking hub. Functloning as a polling station. Providing a venue for local county counclllors to engage wllh the publi¢. Servlng as a base for Amble Men's Shed - an organlsation that SUPPOrts and promotes mental health and wellbeing amongst men through physical activity and community projects. Tha centre remalns a vitsl resource for the community. promottng access lo theatre. music, art, cinema, and education.
NTC Touring Theatre Company Ltd Company Limlted by Guarantee Trustees. Annual Report (Incorporating the Director's Report) l¢oThtlnugdl Year ended 31 March 2026 Achtevements and perfomianee (eonllnuedl uns Pla Fe In May, we presented a preview of'The Strdnge Case of Dr Jekyll and Mr Hyde. at Duns PlayFest Scotland, from the works of Robert Louis Stevenson. adapted by Stewart Howson. Durham Frln In July, we presented a PTeview of"The Body Snatcherf,, also by Robert Louis Stèvensoft, but this lim8 adapted by Phillp Harrison at Durham Fringe Festival over 3 nights. tumn aso Dsjring September and October, we took onboard Ihe audience feedback we received from both productions and developed them further lo present a Robert Louis Stevenson double-bill featuring both 'The Strange Case of DrJekyll and Mr Hyde. al 'The Body Snatcherf, perforrned on the same evening. The piec6 was directed by NTC Associate Director All Byme, Stage-managed by Artistic Diredor Lewis Mallhews and featured origlnal music from local musidans and stsrfed thre8 North East based performers. This lour reached 22 community venues, with over 3,000 people bgn8fitting from high-quality, affordabl8 professional theatre in their IDcal area. Ourfamily-friendly adaplatlon of Rumpelslillskin and Other Equally Grimm Tales. featured an all-fema19 cast and was adapted, directed and slage-managed by Artistic Director Lewis Matthews. The show was p6rformed a118 MMunity venues during the Christmas season. This allowed chlldrèn and families in rural 8nd isolated areas lo enjoy th8 magic of theatre during the festive period, attracting around 2,500 attendees. 'Theperfomianc9 was amazing. I felt so close to the action,. I feltpartof it. The thrèe actors were exceptlonal and very pmfessional. A grt evgnlng. I thoroughly anJoy8d my nlght out Made even better thal it was near to my home, and I didn't have to drlve In tho dark or on th8 Al 8t nlght." -Audience Feedback for Rumpelstillskin and other equally Grfmm Tales from Surveymonkey In 2025126, over 5,000 people in theatrically underserved comm¥Jnities experienced Ilve thèatre through our iniliatlV8s. Additionally, The Dovecote Centre continues lo provide essen1181 services lo than 10,000 people annually in Amble and the surrounding area5. Flnanelal r8vl8w The Trustees are satisfied that the accounts S81 out here reflect this yearfs activltses and financial performance. The Truslees note that a small surplus has been carrled forward for the first lime in several years which accurately rofflgcts NTC'S growing slability and we expeGt this lo wntinue into the new financial year for 2D26127.
NTC Touring Theatre Company Ltd Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) (¢onllnuedJ Year ended 31 March 2026 Plans for futur• periods We ar8 excited about the future and look forward to building on the succ8ss of our community and tourlng initiatives. Our commitment to cultural enrichment and community engagement remains steadfast as wo plan for the upcoming year. Many thanks to our staff, ITuslees and audiences for your continLJed support. Small company provlslons Thls report has been prepared in accordance with the provlslons applicable to companies entitled to th8 small companies, exemption. The trustees, annjjal report was approved on 18 May 2026 and signed on behalf of th8 board oftfuslees by.. J Donn air
NTC Tourlng Theatre Company Ltd Company Limited by Guarantee Independent Examiner's Report to the Trustees of NTC Touring Theatre Company Ltd Year ended 31 March 2026 I report lo the Iruslees on my examination of the financial slalemenls of NTC Touring Theatre Company Ltd I'lhe charity,) for the year ended 31 March 2026. Responslbllltlo$ and basls of report As the trustees of the company land Its dlr8Ctors for the purposes of company law) you are responsible for th8 preparation of the financial slalemenls in accordan with the requirements of the Companies Act 2006 ('the 2006 Acl'l- Having satisfied myself that the accounts of the company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts as ¢ar¥ied out under section 145 of the Charities Act 2011 {'Ihe 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attention in connectlon wlh the examlnalion giving me cause lo believe.. accounting records were not kept In respect of the charity as required by section 386 of the 2006 Ad". or the financial statements do not accord with th08e records. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Ad other than any requirement that the accounts give a'lrue and fairf view which is not a matter considered as part of an independent examination,. or the financial ststements have not been prepared in accordance with the methods and principles of the Slaloment of Recommended Practi for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 102}. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thls report to enable a proper undorslanding of the accounts lo be reached. er Aexander B Independ8nl Examiner Stephenson Coates Limited Accountants Wesl 2, Asama Court Newcastle Business Park Newcastle upon Tyne NE4 7YD 18 May 2026
NTC Touring Theatre Company Ltd Company Limited by Guarantee statement of Financlal Activities (Including Income and exp8nditure account) Year ended 31 March 2026 2026 Restrided funds Total funds Total funds 2025 Unrestricted fu$ Not• Incomg and endowments Donations and legacies Charitable activllies other trading activities Inveslm8nt income 5.060 59.(K)O 87,241 13 5,060 101,675 e7.241 13 18,055 59,098 35.109 16 42,675 Total Incomo 131,314 42,675 173,989 112,278 ExpendltuTe Expenditure on charitable activilies Total expendlture 141.417 31,223 172,640 149,635 141.417 31,223 172,640 149.635 Net Incomel{expandlturel 110,1031 11,452 1,349 (37,3571 Transfers betseèn funds 25,000 {25.000} Not movement in funds 14,897 113.548) 1,349 (37.3571 Reconclliation of funds Total funds brought forward Total funds carrlod foNiard 10,503 25,400 33,138 19.590 43,641 44.990 80,998 43,641 The statement of financial aGtivS1ies includes all gains and losses recognised in the year. All inc(Ime and expenditure derive from continuing activities. Tho notos on pag85 10 to 19 form part of thèsè financlal statemonts.
NTC Touring Theatre Company Ltd Company Limited by Guarantee Statement of Financial Position 31 March 2026 2026 2025 Note Flxed assets Tanglble fixed assets 15 97.401 102.601 Current assets Debtors Cash al bank and in hand 16 6.620 71.341 5.920 27,526 33,446 77,961 Creditors: amounts falllng due wlthin one yeai Net ¢urront assets 17 83,104 {5,1431 92,258 27,973 5.473 Total assets less currènt liabilitles 108,074 redltors: amount5 falling due after moro than onè year Net assets 18 47,268 64.433 44,990 43,841 Funds of the charlty Restricted funds Unr8slricted funds 19.590 25,400 44.990 33,138 10,503 43,641 Total charlty funds 21 For the year ending 31 M8rch 2026, Ihe charily was entitled lo exemption from audit under section 477 of the Companles Act 2006 rtslating lo small corwanies. Directors, responsibÉlilie8: The members have not required the company lo obtain an audit of ils finandal slalemenls for the year in quèstion in accordance wlth section 476. The directors acknovledge Ihelr responsibilities for complying with Ihe requirements of the Actwith respect to accounting records and th8 preparation of finanThal stslemonts. Th6se financial statements have b8en prepared in accordance with the provision5 applicable 10 companl8s subject to the small companies, regime. The statement of financial posltion continues on the following page. Th8 notes on page# 10 to 19 fomi part of these linanclal statement5.
NTC Touring Theatre Company Ltd Company Limiled by Guarantee statement of Flnancial Position (conllnu8dJ 31 March 2026 These finanGal statements were approved by the board of Iruslees and authorlsed for issue on 18 May 2026. and are signed on behalf of the board by: rine air The notes on pages 10 to 19 forni part of these financlal statements.
NTC Touring Theatre Company Ltd Company Limlted by Guarantee Notes to the Financlal Statements Year ended 31 March 2026 General informatlon The charity is a public benefit enlily and a private company limited by guaran18e, registered in England and Wales and a regisl8red chaTily in England and Wales. The address of the TegisleTed office is The Dovecol8 Cenlre, Dovecote Street. Amble, NE65 ODX. NorthumberSand. statement of compllance These financial statements hav& been prepared in compliance wth FRS 102. 'The Finandal Reportng Standard applicable in the UK and the RepLJblic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their aountS in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {Charilies SORP IFRS 102)) and the Companies Aol 2006. Accountlng policles Basls of preparatlon The linanclal statements hav8 been prepar6d on the historical cost basls, as modified by the revaluation of certain financial assets and liabilities and investment propertles measured at fair value through income or expenditure. The financial staterronts are prepared in sterling, which Is th8 functiork71 currency of the entity. Golng concern There are no matèrlal uncertainties about th8 charity's ability lo continue. Judgements and key source8 of estimatlon uncertalnty The preparation ofthe financial statèments requires management lo make judgements, estiMal8S and assumptions that gffect the amounts reported. These estimates and judgements are conlinually reviewed and are based on experiance and other factors, including expectations of future evonls that are believed to be roasonable under the circumstances. Fund accountlng Unrestricted funds are available for use al the discretion of the Injstees to fuTther any of the charity's purposes. Designated funds are unreslrfcted funds eam)arked by the Iruslees for particutar future project or commitment. Restricted funds are subjected lo reslriclions on their expenditure declared by the donoror through the terms of an appeal. and fall Into one oflwo sub-classes.. r8slricted income funds or endowment funds. 10
NTC Touring Theatre Company Ltd Company Limited by Guarantee Notes to the Flnancial Statements {conllnuedl Year ended 31 March 2026 AGcountlng policios (contlnuedj Incomlng r850urces All incoming resources are included In the slatembnl of financial activities when enlitl8menl has passed lo the charity., it is probable that the economic benafits assoaaled with the transaction will flow lo the charity and the amount Can be reliably measured. Th8 fDllowing speafic policies are applled to particular categories of income- income from éonalions or grants is recognised whan there is evidence of entillèmenl to the gift, re(Eipt Is probable and Its amount Can be m8asured reliably. legacy Income is recogni88d when receSpl is probable and enkntlemenl is established. income from donated goods is measured at the fair value of the goods unless this is impradcal lo measure reliably, in which case the value is derived from the cost to the donor or the eslimaled resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliatAy measured. No amounts are induded for the contribution of general volunteers. income from contracts for Ihe supply of servlces is recognised with the delivery of th8 contracl8d service. This is classified as unrestricted funds unless there is a conlraGtual Tequirement for it to be spanl on a particular purpose and retumed if unspent, in lCh case 11 may be regarded as restrl¢ted. Resources exponded Expenditure is recognised on an accruals basis as a Ilability 15 incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified undér headings ofthe statement of finanryal activities to which it relates: expenditurt on raising funds includes the costs of all fundraising activS1ies, events. non- charitable trading aclivilies, and the sale of donated goods. expenditure on ¢harilable activities includes all (x)sls incurred by 8 charity iri undertaking aclivi1185 that further ils charitable aims for the benefit of ils beneficiaries, induding those support costs and costs relating to the govemance of the charity apportioned lo charitabl8 activitiès. other expenditure includgs all exp8ndilurethal is nèither related lo r8islng funds forthe charity nor part of its expendlture on Charitable activities. Atl costs are allocated to expenditure categories reflecting the use of the rèsource. Direct costs attributable to a single activity are allocated directly to Ihal aclivlly. Shared costs are apporboned betsveen the activities they contribute lo on a reasonable, justifiable and consistent basis. Tanglble assets Tanglbleassets are initially recorded al cost and subsaquenlly stated at cost less 8ny accumulated depreciation and impairment losses. Any18ngible ass&ts carried al revalued amounts are racorded at the fair value at the dale of ravaluation less any subsequent accumul818d depreclalion and subsequent accumulated impairment losses. 11
NTC Touring Theatre Company Ltd Company Limited by Guarantee Notes to the Financial Statements (contlnuFd) Year ended 31 March 2026 Aceountlng policles IcoyJtlnuodJ Tangibl8 assets (Colltlnufjd) An increase in the carrying amount of an 8sset because of a rèvaluation, is recognisèd in olh8r Tecognised gains and losses, unless il reverses a charge for impairment that has previously been recognised as expenditure within the slalement of financlal aclivilies. A decrease in the carying amount of an asset because of revaluation, is reco9nised In other recognis6d gains and losses, except to which it offsets any previous revaluation gain, in which case the Ioss 15 shown within other recognised gains and losses on the Statement of finanaal activilies. Depreclatlon Depreclalion Is calculated lo wrile off the cost or valuation of an asset, less Its residual value, ovèr the useful economic Ilfe of thal asset as follows.. Freehold property Fixtures and fittings Motor vehicles 2% slraighl line 200/0 straight lin8 20% slraighl line Impaiment of flxed assets A review lor indicators of impaimient is carried out 81 oach reporting dale, with the recoverable amount being estimated where such indicators exist. Where th6 carrying value exceeds the recoverabl& amount, the asset is impaired accordingly. Prior impairments are also reviewed for Possible reversal al each reporting dale. Forlhe purposes of impairment testing, when il is not posslble to ostimate the recx)verable amount of an individLJal asset. an estimate is mad8 of the recoverabl& amount of the cash-generaling unit to which the asset belongs. The cash-generalin9 unil Is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely indepondenl of the cash inflows from other assets or wips of assets. For Impairment lesling of goodwlll, the g(x)dwill acquired in a twsiness combination is, from the acquisillon dale, allocated to each of the caslFgeneraling units Ihat are expeded to benefit from Ihe synergles of the combination, irrespectiv6 of whether other assets or liabilities of the charity are assigned lo those unlts. Financlal InstTumonts A financial asset or a financial liability is recognlsed only when Ihe charity becom&s a party to the ntractual provlsior)s of the inslrumenl. Basic financial instrumenls are iF)ilially rècognised at the amount receivable or payable including any related transaction costs. Current assets 8nd current Ilabllltles are subsequently measured al the cash orolherconsiderallon expected lo bo paid or received and not discoLÈnled. Debt instruments are subsequently measurad 8t amorknsed cost. 12
NTC Touring Theatre Company Ltd Company Limiled by Guarantee Notes to the Flnancial Statements (contlnued) Year ended 31 March 2026 AGcountlng policles IcoTrllnued) Financial instruments (cohllJJu$dl Whère investments in shares are publicly traded or their fair value can otherwise be measured reliably, thp Investment is subsequently measured al fair valua with changes in fair value recognised in Income and expenditure. All other such investments are subsequently measured at cost lass impairment. Other financ4al instruments, including derivatives, are Initially recognlsed at fair value, unless payment for an asset is deferred beyond normal business terms or financed al a rate of interest that Is not a market rate, in whlch case the asset is measured at th8 present valu8 of the future payments discounted at a market rale of interest for a similar debt inslrumenl. Oth6r financial instruments are subsequently measured at fair value, with any Ghanges recognised in the slalBment of financial aclivilies, wllh the eXPIlOn of hedging instruments in a designated hedging relationship. Financial assets that are measuTed at cosl or amortlsed cost are reviewed for objective evldan of impalrment al the end of each reporting dale. If there is objective evidence of impairment. an mpairment loss is recognis8d under the appropriate heading in the slalemonl of financial activities in which the initlal gain was recognised. For all equity Instruments regardless of Significance, and olherfinancial assets that are Individually significant, these are assessed individually for impairment. Oth8r financial assets are either assessed individually or grouped on the basis of similar credit risk char8cleri51ics. Any reversals Df impairment are recognised immediately, lo the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what Ihg carrying amount would have been had the Impairment Th)1 previously be@n recognised. Daflnod contributlon plans Conlrlbulions to defined contribution plans are reccxJnised as an expense in the period in which the relal&d Servi is provided. Pr8P8id contributions are recognised as an asset lo the exlenl that th8 prepayment will1ead lo a reduction in future payments or a cash refund. When contribullons are not expected to ba settled wholly within 12 months of the end of Ihe reporting dale in which the emploYS render the related service. the liability is measured on a discounted present value basis. The unwnding of the discount is recognised as an expense in the period in whlch it arises. Llmitèd by guaranteo The company Is limited In that every membeT undertakes lo contribute such amount, not exceeding £1. as may be required in the event of th8 company being wound up while he or she is a member, or within 12 months afterwards, lowards the cost of dlssolution and the liabllfties incurred by the company while the contributor was a member. 13
NTC Touring Theatre Company Ltd Company Limited by Guarante8 Notes to the Financial Statements IcDntlnuodJ Year ended 31 March 2026 Donations and legacles Unreslricled Total Funds Unreslricl@d Total Funds Funds 2026 Funds 2025 Donations Donations NTC Friends subscriptions 4,586 474 4,586 474 17,488 567 17,488 567 5,060 5.060 18,055 18,055 haritable activitles Unresthcted Funds Roslricted Total Funds Funds 2026 other incowno from charitsble activitie8 59.0(X) 42,675 101,675 Unrestricted Funds Restricted Total Funds Funds 2025 other income from charitable activities 59,098 59,098 Other trading activitles Unreslricled Total Funds Unrestricted Total Funds Funds 2026 Funds 2025 Box officg income Premises hire Theatre tax r61i8f 21,552 24,897 20,792 21.552 24.897 20.792 14.248 5,351 15.510 14,248 5.351 15.510 67,241 67.241 35,109 35.109 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2026 Funds 2025 Bank interest receivable 13 13 16 16 14
NTC Touring Theatre Company Ltd Company Limited by Guarantee Notes to Ihe Financial Statements (¢onllnued) Year ended 31 March 2026 Expendilure on charltable actlvlties by activlty type Aclivilies undertaken irectly Support wsls Total funds 2026 Total fund 2025 Salaries and support costs Actor's fees Theatre and slag9 Costs Travel and a¢commodation Other direct Costs Governance costs 55,600 25,260 20.246 22,994 14,981 30.645 86,245 2S,260 20,246 22,994 14.981 2,914 146.686 2,914 2,949 139.081 33.559 172,640 149,635 10. Analysis of Support costs Total 2026 Total 2025 Premises General office G&neral expenses Depreciation 21.501 3,264 680 5.200 30,645 21.501 3,264 680 5,200 30,645 17,890 4,063 2.036 5,841 29,830 11. Not Incomejlexpendlturel Net incomel{expenQiturel is stated after chargingll(*editingl'. 2026 2025 Depr8ciation of tangible fixed ass8ls 5,200 5,841 12. Independent examlnation fees 2026 2025 Fees payable to the independent examiner for.. Independent 8xamlnalion of the financial statements 1,$00 1,5DO 13. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2026 2025 Wages and salaries Employer contributions lo pension plans 53.619 1,981 55,800 52,351 1,781 54,132 15
NTC Touring Theatre Company Ltd Company Limited by Guarantee Notes to the Financial Statsments [nI11 Year ended 31 March 2026 13. Staff costs (contlnusd) The average head count of employees during the year was Nil12025'. 51. The average number of full-time equivalent employees during the year is analys8d as follows.. 2026 No. 2025 No. Number of staff - type 1 No employèe received employee benefits of more than £60.000 during the year12025.. Nill. 14. Trustee remuneration and expgnses There were no Trustees, remuneralSon or other btsnefi'ts for the year ended 31 March 202612025.. £nil}. The key management personnel oflhe charity comprise the trustees and the charity manager who was appointed post year end. The lolal employee benefits (excluding employer ponsion costs) of the key management persLne1 of the Trust were £rkil12025.' £nill- 15. Tangible fixed assets Freehold Flxlures and property rittings Motor vehicles Total Cost At 1 Aprll 2025 and 31 March 2026 Depreciation Al 1 Aprll 2025 Charge for the year At 31 March 2026 110,032 36,102 14,995 161,129 10,430 2,201 12,631 36.102 11,996 2,999 58,52B 5,200 36,102 14,995 63,728 Carrying amount At 31 March 2026 97,401 97.401 Al 31 March 2025 99,602 2,999 102,601 16. Dobtors 2026 2025 Trade debtors Pr6paymenls and accrued incom8 Other debtors 720 5.043 857 615 5.043 262 6.620 5.920 16
NTC Touring Theatre Company Ltd Company Limited by Guarantee Notes lo the Financial Stal8ments (¢onllnued) Year ended 31 March 2026 17. Credltors: amounts falllng due wlthln one year 2026 2025 Bank loans and ovbrdrafts Trade creditors Accruals and defeTred inct)me Social security and other taxes Other creditors 16,082 15.000 647 5,000 1.791 5,53S 27.973 60,0(K) 2,088 4,934 83,104 18. Credltors: amounts falllng due after more than one year 2026 2025 Bank loans and overdrafts Olh8r creditors 19,768 27,500 26,933 37.5(M) 47,268 64,433 19. Deferred Income 2026 2025 Amount deferrèd In year 60,000 5.000 20. Pensions and other post rotlrement beneflts . Deflned ¢ontrlbution plans The amount racognised in income or expend1tL¢re as an expense In relation lo defined corilribulion plans was £1,98112025'. £1,781). 21. Analysis of charltablo lunds Unrestrlcted fund$ At 31 March 202 At 1 April 2025 Income Expenditure Transfers General funds 10,503 131,314 {141,4171 25,000 25,400 Al 31 Marth 202 Al 1 April 2024 Income Expenditure Transfers General funds 70,858 53,180 1113,5351 10,503 17
NTC Tourlng Theatre Company Ltd Company Limited by Guarantee Notes to th8 Financial Statements i¢on¢lnued) Year ended 31 March 2026 21. Analysis of ¢haritablo ftds (¢onltnued) Restricted funds At 31 March 202 At 1 April 2025 Income Expenditure Transfers Northumberland CC North8m Angel Fund Joseph Strong Fras&r Trust Garfield W8Ston Foundation Th8 Arts Council Alnmouth Arts Festival The Barbour Foundatbon The JoIY tn1 Other trusts & foundations Community foundation Leche Trust Sylvia ivaddilove Trust W G Edwards 6,138 {3,2151 2,923 2,000 20,0(J) 15,3331 16,667 10,OC¥) 110,0001 25,(K)D 125.(K>O) 7,000 3,500 1,000 1,175 42.675 {7,1]C)} 13,500} I1,OC} 11.175) 131,223) 33,138 (25,000) 19,590 At 31 March 202 At 1 ApTiI 2024 Income Expenditur8 Transfers Northumb8rland CC Northem Angel Fund Joseph Strong Fraser Trust Garfield Weston Foundation The Arts Counal AlnmDulh Arts Festival The Barbour Foundatiors Th8 Joicey trust Other twsts & foundatlons Community foundaliDn Leche Trust Sylvia Waddilove Trust W G Edwards 5,300 1,840 2.958 12,1201 11,8401 6,138 1,000 11,0001 2,0(Ki 10,000 8,400 240 10,000 2,500 110,0001 18,4001 12401 110,0001 12,5001 2,000 25,000 25,000 10.140 59,Q98 136,1001 ,138 18
NTC Touring Theatre Company Ltd Company Limited by Guaranlee Notes to the Flnancial Statements {contlnued) Year ended 31 March 2026 22. Analysis of net a55ets betweèn funds Unrestricted Funds Reslricled Total Funds Funds 2026 Tangiblo flxed assets Current assets Creditors less than 1 year CrediloTS greater than 1 year Net assets 95.772 1,629 77,961 (60.OLX)) 97,401 77.961 183,1041 {47,268) 44.990 123,104) {47,2681 25,400 19,590 Unr8slricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 102,601 25,308 22.9731 164.4331 40,503 102.601 33,446 (27,9731 164,433) 43.641 8,138 15,000} 3,138 19