Charity Charity Registration Registration No. No. 509425 509425 

## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

TRUSTEES TRUSTEES REPORT REPORT AND AND FINANCIAL FINANCIAL STATEMENTS STATEMENTS 

> FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2023 2023 



## LANCASTER LANCASTER[FOOTLIGHTS] FOOTLIGHTS 

## LEGAL LEGAL AND AND ADMINISTRATIVE ADMINISTRATIVE INFORMATION INFORMATION 

Trustees: Trustees: Mr Mr MT M[T][Hardy] Hardy Mr Mr DR[D][R][Hardy] Hardy Mrs Mrs[J] J C[C][Hardy] Hardy[(resigned] (resigned[8.10.23)] 8.10.23) Mr Mr AP[A][P] Tayler Tayler Mr Mr[J] JJ[J] Beamer Beamer Mr Mr J[J] F[F][Laking] Laking (resigned[(resigned] 12.1.24)[12.1.24)] Mr Mr J[J][B] B Smith[Smith][(resigned] (resigned 8.10.23)[8.10.23)] Mr Mr[C] CR[R] Willett Willett Mr Mr M M Hutton Hutton (appointed (appointed 9.10.23)[9.10.23)] Mrs Mrs C[C] Williams[Williams] (appointed (appointed[9.10.23)] 9.10.23) 

## Theatre Theatre Manager Manager 

## Charity Charity registration registration number number 

Address Address 

Independent independent Examiner Examiner 

> Bankers Bankers 

## Elaine Elaine Singleton Singleton 

509425 509425 The The Grand Grand Theatre Theatre St St Leonardgate Leonardgate Lancaster Lancaster LA1 LAI INL INL www.lancastergrand.co.uk www.lancastergrand.co.uk 

Simon Simon William[William] Cullingford Cullingford FCCA FCCA of[of] Taylor, Taylor, Robertson Robertson & & Willett Willett Ltd[Ltd] Accountants Accountants 95, 95, King King Street Street Lancaster Lancaster LA1 LAI 1RH IRH www.tr-w.co.uk www.tr-w.co.uk 

Virgin Virgin Money Money Flagstone Flagstone Shawbrook Shawbrook CAF CAF All All banks banks are are regulated regulated by[by] the[the] UK UK Financial[Financial] Conduct Conduct Authority Authority and and funds funds are are covered covered by[by] the[the] FSCS[FSCS] 



## LANCASTER LANCASTER[FOOTLIGHTS] FOOTLIGHTS 

## CONTENTS CONTENTS 

||Page<br>Page|
|---|---|
|Trustees' Report<br>Trustees’ Report|1<br>1|
|Independent Examiner's report<br>Independent Examiner's report|2<br>2|
|Statement of financial activities<br>Statement of financial activities|3<br>3|
|Balance Sheet<br>Balance Sheet|4<br>4|
|Notes tothe financial statements<br>Notes to the financial statements|5-11<br>5-11|
|Detailed trading &income& expenditure accounts<br>Detailed trading& income & expenditure accounts|12-13<br>12-13|
|Footlights Appeals statement<br>FootlightsAppealsstatement|14<br>14|





## Lancaster Lancaster Footlights Footlights Trustees Trustees Report Report for for the the eight-month eight-month period period ended ended 31**[31st] December December 2023 2023 

The The trustees trustees present present[their] their report report with with the the financial financial statements statements of of the the charity charity for[for] the the year year ended ended 31° 31st December December 2023. 2023. The The financial financial statements statements have have been been prepared prepared in in accordance accordance with with the the accounting accounting policies[policies] set set out out in in note note 1[1] to to the the accounts accounts and and comply comply with[with][the] the charity’s charitvs constitution,[constitution,] and and the the Charities Charities Act Act 2011. 2011. The The trustees trustees have have adopted adopted the the provisions provisions of[of] Accounting Accounting and and Reporting Reporting by[by] Charities: Charities: Statement Statement of of Recommended Recommended Practice Practice applicable applicable to to charities charities preparing preparing[their] their accounts accounts in[in] accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard applicable applicable in[in] the the UK UK and and Republic Republic of of Ireland ireland[(FRS] (FRS[102).] 102). 

## Constitution Constitution 

> Footlights Footlights is is governed governed[by] by its its constitution constitution which which was was revised revised at at an an EGM EGM in in June June 2017. 2017. Changes Changes to to the the constitution constitution 

> require require approval[approval][of] of a a majority majority of of the the members members present present at[at] an an Annual Annual General General Meeting Meeting or or an an Extraordinary Extraordinary General General 

> meeting. meeting. In In the the event event[of] of dissolution[dissolution] of Of[Footlights,] Footlights, the the property property and and assets assets would would be be disposed disposed of[of] by by the the Custodian Custodian 

> Trustees Trustees to to the the benefit benefit of of any any educational, educational, literary literary or or artistic artistic institution[institution] in[in] the the City City of[of] Lancaster Lancaster or or its its neighbourhood neighbourhood 

> with with the the approval approval of of the the Charity Charity Commission Commission provided provided that that such such an an institution[institution] is[is] charitable.[charitable.] The The proceeds proceeds of[of] disposal disposal 

> would would not not be be paid paid or or distributed distributed to[to] members members in[in] any any way. way. 

> Note. Note. The The Charity Charity Commission Commission approved approved our our application application to to convert convert to[to] a a Charitable Charitable Incorporated Incorporated Organisation Organisation (CIO) (CIO) 

> on on 25[25][April] April 2022.[2022. Theatre] Theatre operations[operations] have[have] been[been] transferred[transferred][ to] to the[the] ClO[CIO] from[from] 1*[ISt] January[ January] 2023.[2023.] Since[Since] 1*[15t][ January] January 

> assets assets have have[been] been transferred transferred[which] which is[is] an an ongoing[ongoing] process. process. Following[Following] the[the] transfer transfer of[of][ all] all assets assets the[the] trustees trustees will[will] then[then] 

> take take the the appropriate appropriate steps steps to to deregister deregister and and close close the the charity charity by[by] dissolution,[dissolution,] with[with] prior[prior] consents consents being[being] obtained[obtained] 

> from from[the] the Charity Charity Commission, Commission,[if] if necessary. necessary. It It is is envisaged envisaged that that the the final final asset asset transfer, transfer, being being that that of of the the Grand Grand 

> Theatre, Theatre, associated associated cottages cottages and and[land,] land, will will be be[transacted] transacted by[by] the[the] next next year year end.[end.] 

> Other Other[Information] Information and and Future Future Developments Developments 

> Please Please[refer] refer to to the the trustees' trustees’ report report[attached] attached[to] to the[the] financial[financial] statements statements for[for] the[the] period[period] ended[ended] 31**[31st] December[December] 2023 2023 of[of] 

> the the CIO CIO (Lancaster (Lancaster Footlights Footlights & & Grand Grand Theatre) Theatre) for[for] details details[of] of the the Charities Charities objectives, objectives, financial[financial] performance performance and and risk risk 

> management. management. 

> Signed Signed by by the the Chairman Chairman on on behalf behalf of[of] the the Trustees. Trustees. 

Mr Mr M M[Hutton] Hutton 

1 1 



## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

## INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER'S REPORT REPORT 

## TO TO THE THE TRUSTEES TRUSTEES OF[OF] LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

I | report report to to the the charity charity trustees trustees on on my my examination examination of of the the accounts accounts of of The The Lancaster Lancaster Footlights Footlights Club Club (the (the Trust) Trust) for for[the] the year year ended ended 31 31 December December 2023. 2023. 

> Responsibilities Responsibilities and and basis basis of of report report As As the[the][charity] charity trustees trustees of[of] the[the] Trust, Trust, you you are are responsible responsible for for the the preparation preparation of the of the accounts accounts in in accordance accordance with with the the requirements requirements of of the the Charities Act Charities Act 2011 2011 (‘the ('the Act’). Act'). 

I | report report in in respect respect of of my my examination examination of of the the Trust's Trust's accounts accounts carried carried out out under under section section 145 145 of of the the Act Act and and in in carrying carrying out out my my examination examination[I] | have have followed followed all all applicable applicable Directions Directions given given by by the the Charity Charity Commission Commission under under section section 145(5)(b)[145(5)(b)][of] of the[ the] Act. Act. 

> Independent Independent examiner's[examiner's] statement statement I | have have completed completed my my examination. examination. | I confirm confirm that that no no material material matters matters have have come come to to my my attention attention in in connection connection with with the[the] examination[examination] giving giving me me cause cause[to] to believe[believe] that[that] in[in] any any material[material] respect:[respect:] 

- 1 1. Ee accounting accounting records records were were[not] not kept kept in[in] respect[respect] of[of] the[the] Trust Trust as as required required by[by] section[section] 130[130] of[of] the[the] Act; Act; or or 2. 2. the the accounts accounts do do not not accord accord with with those those records; records; or or 3. 3; the the accounts accounts do do not not comply comply with with the[the] applicable applicable requirements requirements concerning concerning the the form form and and content content of of accounts accounts set set out out in[in][the] the Charities[Charities] (Accounts (Accounts and[and] Reports)[Reports)] Regulations Regulations 2008 2008 other other than[than] any any requirement[requirement] that that the the accounts accounts give give a a true true and and fair fair view view which which is[is] not not a a matter matter considered considered as as part part of[of] an an independent independent examination. examination. 

I | have have no no concerns concerns and and have have come come across across no no other[other] matters matters in[in] connection[connection] with[with] the[the] examination[examination] to[to] which[which] attention attention should should be[be] drawn drawn in[in] this this report report in[in] order order to[to] enable[enable] a a proper proper understanding understanding of[of] the[ the ] accounts accounts to[to] be[be] reached. reached. 


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> Mr Mr Simon Simon[William] William[Cullingford] Cullingford FCCA[FCCA] 

> Taylor, Taylor, Robertson Robertson & & Willett Willett Ltd Ltd 

> 95 95 King King Street Street Lancaster Lancaster Lancashire Lancashire LAI LA1 IRH 1RH 

> 8th 8" August August 2024 2024 

> 2 2 



## LANCASTER LANCASTER[FOOTLIGHTS] FOOTLIGHTS 

## STATEMENT STATEMENT OF[OF] FINANCIAL FINANCIAL ACTIVITIES[ACTIVITIES] (SOFA)[(SOFA)] 

## FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] DECEMBER DECEMBER 2023 2023 


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|||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Theatre|Theatre|Appeals|Appeals|&|&|Total|Total|Total|Total|
|Activities|Activities|Legacy|Legacy|31/12/2023|31/12/2023|31/12/2022|31/12/2022|
|Notes|Notes|£|£|£|£|
|Income|Income|[and]|and|Endowments|Endowments|
|Donations,|Donations,|Legacies|Legacies|and|and|Grants|Grants|2|2|-|2,317|2,317|2,317|2,317|3,615|3,615|
|Investment|Investment|income|income|4|4|17,991|17,991|-|17,991|17,991|4,651|4,651|
|17,991|17,991|2317|2,317|20,308|20,308|8,266|8,266|
|Incoming|Incoming|Resources|Resources|from|from|Charitable|[Charitable]|Activities|Activities|3|3|11,910|11,910|-|11,910|11,910|360,615|360,615|
|Total|Income|and|Endowments|29,901|2,317|32,218|368,881|
|Total Income and Endowments|29,901.|«2347"32,218,"368,881.|
|Resources|Resources|Expended|Expended|5|5|18,203|18,203|36|36|18,239|18,239|311,034|311,034|
|Net|Net|Incoming|Incoming|Resources|Resources|before|before|transfers|transfers|11,698|11,698|2,281|2,281|13,980|13,980|57,847|57,847|
|Transfer|Transfer|[to]|to|Sinking|Sinking|[Fund]|Fund|-|-|-|:|
|Transfer|Transfer|to|to|Appeals|Appeals|-|-|:|-|
|Fund|Fund|Balances|Balances|at|at|1st|1st January|January 2023|2023|288,777|288,777|443,564|443,564|732,341|732,341|635,844|635,844|
|Prior|Prior Year|Year Adjustment|Adjustment|-|-|-|38,650|38,650|
|Transferred|Transferred|[to]|to|Lancaster|Lancaster|[Footlights]|Footlights &|&|Grand|[Grand]|Theatre|Theatre|ClO|[CIO]|(288,777)|(288,777)|(443,564)|(443,564)|(732,341)|(732,341)|-|
|Fund|Balances|at|31st|December 2023|11,698|2,281|13,980|732,341|
|Fund|Balances at 31st December 2023|11,698 2,281.|13,980."732,341.|

**----- End of picture text -----**<br>


3 3 



## LANCASTER LANCASTER FOOTLIGHTS[FOOTLIGHTS] 

## BALANCE BALANCE SHEET[SHEET] AT AT[31] 31 DECEMBER DECEMBER 2023 2023 

|||31/12/2023<br>31/12/2023|31/12/2023<br>31/12/2023||31/12/2022<br>31/12/2022||
|---|---|---|---|---|---|---|
||Notes<br>Notes|£||£|£|£|
|FIXED ASSETS<br>FIXED ASSETS|||||||
|TangibleAssets<br>Tangible Assets|8<br>8||480,287<br>480,287|||496,166<br>496,166|
|CURRENT ASSETS<br>CURRENT ASSETS|||||||
|Stocks<br>Stocks||-|||5,092<br>5,092||
|Debtors<br>Debtors|9<br>9|-|||102,812<br>102,812||
|Cash at Bank and in Hand<br>Cash at Bank and in Hand||126,070<br>126,070|||880,410<br>880,410||
|||126,070<br>126,070|||988,314<br>988,314||
|CREDITORS: Amounts Falling Due Within One Year<br>CREDITORS: Amounts Falling Due Within One Year|10<br>10|(390,377)<br>(390,377)|||(550,139)<br>(550,139)||
||||(264,307)<br>(264,307)|||438,175<br>438,175|
||||215,980<br>215,980|||934,341<br>934,341|
|INCOME FUNDS<br>INCOME FUNDS|||||||
|Unrestricted Funds:<br>Unrestricted Funds:|||||||
|Revaluation Reserve<br>Revaluation Reserve|11<br>11|202,000<br>202,000|||202,000<br>202,000||
|||||202,000<br>202,000||202,000<br>202,000|
|Lancaster Footlights and Grand Theatre Funds<br>Lancaster Footlights and GrandTheatre Funds|12<br>12|11,698<br>11,698|||288,777<br>288,777||
|Designated Funds:<br>Designated Funds:|||||||
|Theatre Appeal Funds<br>TheatreAppeal Funds|12<br>12|2,281<br>2,281|||443,564<br>443,564||
|||||13,980<br>13,980||732,341<br>732,341|
|||||215,980<br>215,980||934,341<br>934,341|



> The The accounts accounts were were approved approved[by] by the the Trustees Trustees on on 8th[8th] August[August] 2024 2024 

> Mark Mark Hutton Hutton (Chairman) (Chairman) 

4 4 



## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

## NOTES NOTES TO TO THE THE FINANCIAL STATEMENTS FINANCIAL STATEMENTS 

## FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2023 2023 

zk 1 Accounting Accounting Policies Policies 

1.1 1.1. Basis Basis of of preparation preparation The The financial financial statements statements have have been been prepared prepared in in accordance accordance with with the the Statement Statement of of Recommended Recommended Practice: Practice: Accounting Accounting and[and] Reporting Reporting by[by] charities charities preparing preparing thei thei accounts accounts in[in] accordance accordance with with the the Financial Financial Reporting Reporting standard standard applicable applicable in[in] the the UK UK and and Republic Republic of of Ireland Ireland (FRS[(FRS] 102) 102) and and the the Charities Charities Act Act 2011. 2011. The The financial financial statements statements have have been been prepared prepared under under the the historical historical cost cost convention. convention. 

> 1.2 1.2 Incoming Incoming Resources Resources Activities Activities Income: Income: Consists Consists of of ticket ticket sales,[sales,] letting letting and and all all other other similar similar income income associated associated with with the the running running[of] of an an amatuer amatuer dramatic dramatic organisation organisation and[and] its[its] associated associated theatre theatre premises. premises. Income Income is[is] accounted accounted for for on on an an accruals[accruals] basis.[basis.] 

> Donations Donations and and Voluntary Voluntary Income: Income: Grants Grants and and donations donations are are received received from froma a variety[variety] of[of] private private 

> sources, sources, are are accounted accounted for for gross, gross, when when received.[received.] Gifts Gifts in[in] kind, kind, wherever wherever they[they] are are capable[capable] of[of] financial financial 

> measurement measurement are are[included] included in[in] the[the] accounts[accounts] at[at] their[their] estimated[estimated] value. value. 

- 1.3 1.3 Resources Resources Expended Expended All All expenditure expenditure is[is] accounted accounted for for as as and and when when it[it] is[is] incurred. incurred. Direct Direct charitable[charitable] expenditure expenditure includes[includes] the the direct direct costs costs of of carrying carrying out out the the activities[activities] of of the the charity's charity's objectives. objectives. 

> 1.4 1.4 Tangible Tangible[fixed] fixed assets assets and[and] depreciation depreciation 

> Land Land and and Buildings Buildings comprises comprises the[the] freehold freehold property property known known as as The The Grand Grand Theatre. Theatre. The The property property is[is] subject subject[to] to[periodic] periodic revaluations. revaluations. The The Trustees Trustees consider consider the[the] property's property's current current market market value value to[to] be[be] 

> considerably considerably higher higher than[than] the[the] current current net[net] book book value. value. Land[Land] and[and] buildings buildings are are not[not] depreciated. depreciated. 

> Property Property improvements improvements comprises[comprises] significant significant renovation renovation works. works. Depreciated Depreciated over over 20[20] years. years. 

- 1.5 1.5 Stock Stock Stocks Stocks are are valued valued at at the[the] lower lower[of] of cost cost and and net net realiseable[realiseable] value. value. 

> 1.6 1.6 Pension Pension costs costs and and other other post post retirement retirement benefits[benefits] 

> The The charity charity operates operates a a defined defined contribution contribution pension pension scheme. scheme. Contributions Contributions payable payable to to the the 

> pension pension scheme scheme are are expensed expensed in[in][the] the year year incurred. incurred. 

5 5 



## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

## NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS 

## FOR FOR THE THE[YEAR] YEAR ENDED ENDED[31] 31 DECEMBER[DECEMBER] 2023 2023 

## 1 4 Accounting Accounting Policies Policies (continued) (continued) 

## 1.7 1.7. Government Government grants grants 

> Government Government grants grants are are recognised recognised at[at][the] the fair fair value value of of the[the] asset[asset] received received or or receivable.[receivable.] 

> Grants Grants are are not not recognised recognised until until there there is[is] reasonable reasonable assurance assurance that[that] the[the] charity[charity] will will comply comply with with 

> the the conditions conditions attaching attaching to to them them and and the the grants grants will will be be received. received. 

> Government Government grants[grants] are are recognised recognised using using the[the][accrual] accrual model model and[and] the[the] performance performance model. model. 

> Under Under[the] the accrual[accrual][model,] model, government government grants grants[relating] relating to[to] revenue revenue are are recognised recognised on on a a systematic systematic 

> basis basis over over the the periods periods in in which which the the charity charity recognises recognises the the related related costs costs for for which which the the grant grant is is intended intended to to compensate. compensate. Grants Grants that that are are receivable receivable as as compensation compensation for for expenses expenses or or losses losses already already incurred incurred or or for for[the] the purpose purpose of[of] giving giving immediate immediate financial financial support support to to the[the] entity entity 

> with with no no future future[related] related costs costs are are recognised recognised in[in] income income in[in] the the period period in[in] which which they they become become 

> receivable. receivable. 

> Grants Grants relating relating to to assets[assets] are are recognised recognised in[in] income income on on a a systematic systematic basis[basis] over over the[the] expected[expected] useful useful life life of[of] the[the] asset. asset. Where Where part[part] of[of] a a grant grant relating relating to[to] an an asset asset is[is] deferred, deferred, it[it] is[is] recognised recognised as as deferred deferred 

> income income[and] and not not[deducted] deducted[from] from the[the] carrying[carrying] amount amount of[of] the[the] asset.[asset.] 

6 6 



## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

## NOTES NOTES TO TO THE THE FINANCIAL STATEMENTS FINANCIAL STATEMENTS (CONTINUED) (CONTINUED) 

## FOR FOR THE THE[YEAR] YEAR ENDED ENDED 31[31] DECEMBER DECEMBER 2023 2023 

|2<br>2|Donations, Legacies and Grants<br>Donations, Legacies and Grants|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Theatre<br>Theatre||||Appeals &<br>Appeals&|||Total<br>Total||||Total<br>Total|||
|||Activities<br>Activities||||Legacy<br>Legacy|||31/12/2023<br>31/12/2023|||=31/12/2022|31/12/2022<br>31/12/2022|||
||||£|||£|||£|||||£||
||Covenants<br>Covenants||||:||1,506<br>1,506|||1,506<br>1,506|||||1,982<br>1,982|
||Tax Refunds<br>Tax Refunds||||-||743<br>743||||743<br>743||||600<br>600|
||Fundraising<br>Fundraising||||-|||-||||-|||124<br>124|
||Donations<br>Donations||||-||68<br>68||||68<br>68||||909|
||||||.||2,317<br>2,317|||2,317<br>2,317|||||3,615<br>3,615|
|3<br>3|Incoming Resourcesfrom CharitableActivities<br>Incoming Resources from Charitable Activities|||||||||||||||
||||Theatre<br>Theatre|||Appeals &<br>Appeals&|||Total<br>Total||||Total<br>Total|||
|||Activities<br>Activities||||Legacy<br>Legacy|||31/12/2023<br>31/12/2023||||31/12/2022<br>31/12/2022|||
||||£|||£|||£|||||£||
||Footlights<br>Footlights|||||||||||||||
||Tickets Sold<br>Tickets Sold||||-|||-||||o<br>0||100,937<br>100,937||
||Mechandise Sales & Sundry Income<br>Mechandise Sales& Sundry Income||||-|||.||||0|||1,390<br>1,390|
||Programme Sales<br>Programme Sales||||-|||-||||0|||925<br>925|
||Membership Subscriptions<br>Membership Subscriptions||||-|||-||||0|||2,120<br>2,120|
||Footlights Coffee Bar receipts<br>Footlights Coffee Bar receipts||||-|||-||||0|||123<br>123|
||Fundraising Activities<br>Fundraising Activities||||-|||:||||>|||:|
||Capital Grants Released<br>CapitalGrants Released||11,910<br>11,910|||||-|11,910<br>11,910||||||7 ,940<br>7,940|
||Income Grants Received<br>Income Grants Received||||-|||-||||-|||0<br>0|
||Community & Profession?lLet Income<br>Community& Professional LetIncome|||||||||||||||
||Tickets Sold<br>Tickets Sold||||-|||-||||o<br>0||149,696<br>149,696||
||Coffee Bar Receipts<br>Coffee Bar Receipts||||-|||-||||o<br>0|||35,579<br>35,579|
||Seat Plaques<br>Seat Plaques||||-|||-||||0|||100<br>100|
||Theatre tours<br>Theatre tours||||-|||-||||0|||313<br>313|
||Prop hire<br>Prop hire||||-|||-||||0|||383<br>383|
||Summer School<br>Summer School||||-|||-||||0|||2,030<br>2,030|
||Advertising<br>Advertising||||-|||-||||0|||3,650<br>3,650|
||Bar rent<br>Bar rent||||-|||-||||0|||3,000<br>3,000|
||Car park income<br>Car park income||||-|||-||||0|||900<br>900|
||Online donations and other donations<br>Online donations and other donations||||-|||-||||0|||7,514<br>7,514|
||Online booking fees<br>Online booking fees||||-|||-||||o<br>0|||32,821<br>32,821|
||Gift Vouchers<br>Gift Vouchers||||-|||-||||0|||2.368<br>2,368|
||Government grant<br>Government grant||||-|||-||||-|||-|
||Postage costs recovered<br>Postage costs recovered||||-|||-||||0|||5,447<br>5,447|
||Auction<br>Auction||||-|||:||||-|||-|
||Merchandising<br>Merchandising||||-|||-||||0|||96<br>96|
||Sundry<br>Sundry||||-|||-||||0|||3,283<br>3,283|
|||:||11,910<br>11,910||||.||11,910<br>11,910|||7|360,615<br>360,615<br>™||



> "Tickets "Tickets Sold": Sold": In In respect respect of of Performances Performances[in] in the the Year Yeor 

7 7 



## LANCASTER LANCASTER[FOOTLIGHTS] FOOTLIGHTS 

## NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS (CONTINUED)[(CONTINUED)] 

## FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] DECEMBER[DECEMBER] 2023 2023 

|4<br>4|Investment Income<br>investment Income|||||
|---|---|---|---|---|---|
|||Footlights<br>Footlights||||
|||&|Theatre<br>Theatre|Total<br>Total|Total<br>Total|
|||Grand<br>Grand|Appeals<br>Appeals|31/12/2023<br>31/12/2023|31/12/2022<br>31/12/2022|
|||Theatre<br>Theatre||||
|||£|£|£|£|
||Interest Receivable<br>interest Receivable|17,991<br>17,991|-|17,991<br>17,991|4,651<br>4,651|
|||SSSOST|OST<br>SSSeee|eee||
|5<br>5|Total ResourcesExpended<br>Total Resources Expended|||||
|||Footlights<br>Footlights||||
|||&|Theatre<br>Theatre|Total<br>Total|Total<br>Total|
|||Grand<br>Grand|Appeals<br>Appeals|31/12/2023<br>31/12/2023|31/12/2022<br>31/12/2022|
|||Theatre<br>Theatre||||
|||£|£|£|ff|
||Cost of Activities in Furtherance of theObjects<br>Cost of Activities in Furtherance of the Objects|18,203<br>18,203|36<br>36|18,239<br>18,239|304,959<br>304,959|
||Governance Costs<br>Governance Costs|-|-|-|6,075<br>6,075|
|||18,203<br>18,203|-|18,239<br>18,239|311,034<br>311,034|



> 6 6 Trustees Trustees 

> No Trustee No Trustee or or Member Member[of] of the[the] Management Management Committees Committees received[received] any any remuneration[remuneration] either[either] directly[directly] 

> or or indirectly indirectly during during[the] the year. year. 

> No Trustee No Trustee or or Member Member of[of] the the Management Management Committees Committees[received] received any any expenses expenses either[either] directly[directly] 

> or or indirectly indirectly during during[the] the year year except except in[in] relation relation to[to][the] the[ reimbursement] reimbursement of[of] expenses expenses necessarily necessarily incurred incurred in[in] relation relation[to] to the the charity's charity's activities.[activities.] 

8 8 



## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

## NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS (CONTINUED) (CONTINUED) 

## FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2023 2023 

|7<br>7|Employees<br>Employees|||
|---|---|---|---|
|||31/12/2023<br>31/12/2023|31/12/2022<br>31/12/2022|
||Number of Employees<br>Number of Employees|||
||The average number of employees during the year was:<br>The average number ofemployees during the yearwas:|0|13<br>13|
|||SASS||
||Employment Costs<br>Employment Costs|||
|||£|£|
||Wages and Salaries<br>Wages and Salaries|-|102,821<br>102,821|
|||EES|_————E——EEEESS|



> 8 8 Tangible Tangible[Fixed] Fixed Assets[Assets] 

|Tangible [Fixed] [Assets]<br>Tangible Fixed Assets|||||
|---|---|---|---|---|
||Property<br>Property|Land&<br>Land&|Total<br>Total|Total<br>Total|
||Improvements<br>Improvements|Buildings<br>Buildings|31/12/2023<br>31/12/2023|31/12/2022<br>31/12/2022|
||£|£|£||
|Cost/VaIuation<br>Cost/Valuation|||||
|B/f<br>B/f|317,615<br>317,615|265,000<br>265,000|582,615<br>582,615|265,000<br>265,000|
|Prioryear adjustment<br>Prioryear adjustment|-|-|-|167,468<br>167,468|
|Additions<br>Additions||-|-|150,147<br>150,147|
|c/f<br>C/f|317,615<br>317,615|265,000<br>265,000|582,615<br>582,615|582,615<br>582,615|
|Depreciation<br>Depreciation|||||
|B/f<br>B/f|23,449<br>23,449|63,000<br>63,000|86,449<br>86,449|63,000<br>63,000|
|Prioryear adjustment<br>Prior year adjustment|-|-|-|12,863<br>12,863|
|Charge for the period<br>Charge forthe period|15,879<br>15,879|-|15,879<br>15,879|10,586<br>10,586|
|C/t|39,328<br>39,328|63,000<br>63,000|102,328<br>102,328|86,aa9<br>86,449|
|Net Book Value brought forward<br>Net BookValue brought forward|294,166<br>202,000<br>294,166<br>202,000<br>—————————————————————————————————————————————S||496,166<br>496,166<br> _——————————————|496,166<br>496,166<br> ——————|
|Net Book Value carried forward<br>Net BookValue carried forward|278,287<br>202,000<br>278,287<br>202,000<br>————————————————————————————————————————————<br>SS||480,287<br>480,287<br>»§—£—&—————————————<br>SS|496,166<br>496,166<br>—=££_£={_===<br>OOS|



> The The land land and and buildings buildings were were professionally[professionallyvalued] valued on on 13th 13th October October 2003 2003 by[by] Peill Peill & & Co, Co, Chartered Chartered Surveyors. Surveyors. 

> at at E265,OOO. £265,000. The The valuation valuation was was based based on on the the market market value value of[of ] our our grade grade II[11] listed listed building. building. 

> The The original[original] cost cost[of] of the[the] theatre, theatre, owned owned by[by] members, members, was was £7,000.[€7,000.] 

> Depreciation Depreciation relating relating to to the the theatre theatre was was previously previously accounted accounted for for up up to to the the year year ended ended 30 30 April[April] 2018. 2018. 

9 9 



## LANCASTER LANCASTER[FOOTLIGHTS] FOOTLIGHTS 

## NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS (CONTINUED)[(CONTINUED)] 

## FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2023 2023 

|||31/12/23<br>31/12/23|31/12/22<br>31/12/22|
|---|---|---|---|
|||£|£|
|9<br>9|Debtors<br>Debtors|||
||Debtors and Prepayments<br>Debtors and Prepayments|~|102,812<br>102,812|
||Debtorsfor the prior year includes a loan of €94,500 to Lancaster Footlights& Grand Theatre CIO, Charity<br>Debtors forthe prior year includes a loan of£94,500 to Lancaster Footlights & Grand Theatre ClO, Charity|||
||Number 1198714.<br>Number 1198714.|||
|IO<br>10|Creditors: Amounts falling due within oneyear<br>Creditors: Amounts falling due within one year|||
||Shows<br>Deferred income<br>Deferred income<br>Shows|-|314,109<br>314,109|
||Capital Grants<br>Capital Grants|208,715<br>208,715|220,625<br>220,625|
||Accruals<br>Trade creditors<br>Accruals<br>Trade creditors|650<br>650<br>-|6,704<br>6,005<br>6,704<br>6,005|
||Taxes and social Security Costs<br>Taxes and social Security Costs|-|2,696<br>2,696|
||Due to Lancaster Footlights& Grand Theatre CIO, Charity Number 1198714<br>Due to Lancaster Footlights & GrandTheatre ClO, Charity Number 1198714|181,012<br>181,012|-|
|||390,377<br>390,377|550,139<br>550,139|



> Deferred Deferred shows shows income income comprises[comprises] money money[received] received in[in] respect[respect] of[of] shows[shows] to[to] be[be] performed[performed] in[in] the[the] future.[future.] 

> Deferred Deferred capital capital grants[grants] income income comprises comprises grant[grant] income[income] being[being] written[written] off[off] over[ over] the[ the] life[life] of[of the] the assets[assets] (estimated[(estimated] 

> at at 20 20 years). years). 

- 11 11 Revaluation Revaluation Reserve Reserve Represents Represents[the] the surplus[surplus] arising[arising] following[following][the] the[revaluation] revaluation of[of] the[the] Theatre[Theatre] premises.[premises.] The The fund fund[is] is not not transferrable. transferrable. 

|12<br>12|Designated Funds and Other Charitable Monies<br>Designated Funds and OtherCharitable Monies|||||
|---|---|---|---|---|---|
||Balance at<br>Balance at|Incoming<br>Incoming|Resources<br>Resources|Transferred<br>Transferred|Balance at<br>Balance at|
||01/01/2023<br>01/01/2023|Resources<br>Resources|Expensed<br>Expensed|to CIO<br>to ClO|31/12/2023<br>31/12/2023|
||£|=|£|5a|£|
||General Funds<br>288,777<br>General Funds<br>288,777|29,901<br>29,901|(18,203)<br>(18,203)|(288,777)<br>(288,777)|11,698<br>11,698|
||Appeal Funds<br>443,564<br>732,341<br>Appeal Funds<br>443,564<br>732,341|2,317<br>32,218<br>Za40<br>32,218|(36)<br>(18,239)<br>(36)<br>(18,239)|(443,564)<br>(732,341)<br>(443,564)<br>(732,341)|2,281<br>13,980<br>2,281<br>13,980|



10 10 



## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS 

## NOTES NOTES TO TO THE THE FINANCIAL STATEMENTS FINANCIAL STATEMENTS (CONTINUED) (CONTINUED) 

## FOR FOR THE THE YEAR[YEAR] ENDED[ENDED][31] 31 DECEMBER[DECEMBER] 2023 2023 

||||Other<br>Other|Total<br>Total|Total<br>Total|
|---|---|---|---|---|---|
|13<br>13|Analysis of Net Assets<br>Analysis of Net Assets|Revaluation<br>Revaluation|Charitable<br>Charitable|At<br>At|At|
||between funds<br>between funds|Reserve<br>Reserve|Funds<br>Funds|31 December 2023<br>31 December2023|31 December2022<br>31 December 2022|
|||£|£|£||
||Tangible Fixed Assets<br>Tangible Fixed Assets|202,000<br>202,000|278,287<br>278,287|480,287<br>480,287|496,166<br>496,166|
||Current Assets<br>Current Assets|-|126,070<br>126,070|126,070<br>126,070|988,314<br>988,314|
||Creditors<br>Creditors|-|(390,377)<br>(390,377)|(390,377)<br>(390,377)|(550,139)<br>(550,139)|
|||202,000<br>202,000|13,980<br>13,980|215,980<br>215,980|934,341<br>934,341|



Creditors: Creditors: Amounts falling Amounts falling due[due][within] within one one year year 

- 14 14 Contingent Contingent Liabilities Liabilities 

> There There were were no no contingent contingent liabilities liabilities[at] at the[the] beginning beginning[and] and end[end] of[of] the[the] year. year. 

## 15 15 Commitments Commitments under under Operating[Operating] leases[leases] 

> The The commitment commitment[to] to rental rental[of] of a a storage storage unit unit ceased[ceased] in[in] March March 2023.[2023.] 

## 16 16 Capital Capital Commitments Commitments 

> There There were were no no commitments commitments[at] at[ the] the beginning beginning and[and] end[end] of[of] the[the] year. year. 

## 17 17 Taxation Taxation 

> There There are are no no tax tax[obligations] obligations other other than than accounting accounting for for tax tax and[and] social[social] security security (national (national insurance) insurance) deducted deducted from from wages wages[and] and salaries.[salaries.] Relief Relief from from tax tax on on net net income income and and capital capital gains gains falling falling within within Section Section 505[505][of] of the[the] Taxes Taxes Act[Act] 1989 1989 and[and] Section Section 256[256] of[of] the[the] 

> Taxation Taxation of[of] Chargeable[Chargeable] Gains[Gains] Tax Tax 1992[1992] to[to] the[the] extent extent that[that] such such net net income income and[and] gains gains are are applied applied[to] to its[its] charitable[charitable] objects. objects. Footlights Footlights is[is] VAT VAT exempt; exempt; VAT VAT notice[notice] 701/1[701/1] refers. refers. 

## 18 18 Related Related Party Party Transactions Transactions 

The The only only[related] related party party[is] is the[the] new new incorporated incorporated ClO, CIOt Lancaster Lancaster Footlights Footlights (Charity (Charity Registration Registration No. No. 1198714) 1198714) which which is is taking taking over over operations operations from from this this Charity. Charity. The The transfer transfer of of assets assets and and operations operations is is anticipated anticipated to to be be complete complete by by the the next next year year end end and and there there was was €181,013 £181,013 due due to[to] the[the] ClO[CIO] at[at] this this year year end. end. 

11 11 



## LANCASTER LANCASTER FOOTLIGHTS FOOTLIGHTS THEATRE THEATRE ACTIVITIES:[ACTIVITIES:] INCOME INCOME AND[AND][EXPENDITURE] EXPENDITURE STATEMENT[STATEMENT] FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 DECEMBER DECEMBER 2023[2023] 

|||||Year Ended <br>Year Ended|Year Ended <br>Year Ended|31/12/2023<br> 31/12/2023|31/12/2023<br> 31/12/2023||Period <br>Period|01/05<br> 01/05|- 31/12/2022<br> - 31/12/2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||£||E£|||£||£|
|Gross revenue in respect of acts performed<br>Gross revenue in respect of acts performed||in theyear<br> in theyear||||||:|||100,937<br>100,937|
|Merchandise<br>income from Programmes Sold<br>Merchandise<br>Income from Programmes Sold||||||||-<br>:|||1.390<br>925<br>1,390<br>925|
|Membership subscriptions<br>Membership subscriptions||||||||-|||2,120<br>2,120|
|Coffee bar Income<br>Coffee bar Income||||||||-|||123<br>123|
|Other income<br>Other income||||||||«|||”|
|||||||||0|||105,495<br>105,495|
|Production expenses<br>Production expenses|||||-|||||7,929<br>7,929||
|Scripts & Eicences<br>Scripts & licences|||||-|||||4,075<br>4,075||
|Publicity<br>Programmes<br>Publicity<br>Programmes|||||-<br>:|||||2,832<br>385<br>2,832<br>385||
|Rehearsal room hire<br>Rehearsal room hire|||||*|||||188<br>188||
|Ticket costs<br>Ticket costs|||||:|||||2,502<br>2,502||
|PRS<br>PRS|||||-|||||908||
|Credit card fees<br>Credit card fees|||||-|||||2,668<br>2,668||
|Other expense<br>Other expense|||||-|||||905<br>905||
|||||||||0|||(22,392)<br>(22,392)|
|Amateur performancescontribution (Footlights)<br>Amateurperformances contribution (Footlights)||||||||0|||83.103<br>$3,103|
|Community letincome in respect of acts performed<br>Professional<br>let income in respect of acts performed<br>Cammunity letincome in respect of acts performed <br>Professional letincome in respect of acts performed|||in the year<br>jn the year<br> in theyear<br> in theyear|||||-<br>-|||23.699<br>125,997<br>23,699<br>125,997|
|||||||||:|||149,696<br>149,696|
|Publicity<br>Publicity|||||-||||20,056<br>20,056|||
|Production expenses<br>Production expenses|||||>|||||>||
|Ticket costs<br>Ticket costs|||||-|||||3.123<br>3,123||
|Show Security<br>Show Security|||||-|||||1.695<br>1,695||
|PRS<br>PRS|||||=||||20,854<br>20,854|||
|Credit card fees<br>Credit card fees|||||-|||0||7,179<br>7,179|(52,907)<br>{52,907}|
|Community and Professional<br>Community and Professional|lets contribution<br> lets contribution|||||||0|||96,789<br>96,789|
|O her inc<br>me<br>Other income||||||||||||
|Coffee bars receipts<br>Coffee bars costs<br>Coffee bars receipts<br>Coffee bars costs||||||||-<br>:|||35,579<br>(21,972)<br>35,579<br>(21,972)|
|GROSS PROFIT<br>GROSS PROFIT||||||||0|||13,607<br>13,607|
|Seat Plaques<br>Summer School<br>Seat Plaques<br>Summer School||||||||-<br>-|||100<br>2,030<br>100<br>2,030|
|Theatre tours<br>Theatre tours||||||||.|||313|
|Pgop hire<br>Prop hire||||||||-|||383<br>383|
|Advertising<br>Bar rent<br>Advertising<br>Bar rent||||||||-<br>-|||3.650<br>3,000<br>3,650<br>3,000|
|Car park income<br>Car park income||||||||-|||300|
|Investment income<br>investment income|||||||17,991<br>17,991||||2,988<br>2,988|
|Online donations and other donations<br>Online donations and other donations||||||||-|||7,514<br>7,514|
|Online booking fees<br>Online booking fees||||||||*|||32,821<br>32,821|
|Gift vouchers<br>Gift Vouchers||||||||.|||2,368<br>2,368|
|Other Online income<br>Other Online income||||||||-|||.|
|Cultural Recovery Grant (Round 2)<br>Cultural Recovery Grant (Round 2)||||||||-|||:|
|cocai Restrictions Covid 19 Support <br>Local Restrictions Covid 19Support|Grant<br> Grant|||||||:|||:|
|HAZ grant released<br>HAZgrant released|||||||11,910<br>11,910||||7,940<br>7,940|
|Postage costs recovered<br>Postage costs recovered||||||||-|||5,447|
|Auction<br>Auction||||||||-|||-|
|Merchandise<br>Merchandise||||||||>|||96<br>96|
|Sundry<br>Sundry||||||||:|||3,283<br>3,283|
||||||||29,901<br>29,902||||86.440<br>86,440|



12 12 



## LANCASTER LANCASTER[FOOTLIGHTS] FOOTLIGHTS 

## THEATRE THEATRE[ACTIVITIES:] ACTIVITIES: INCOME INCOME AND AND EXPENDITURE EXPENDITURE STATEMENT STATEMENT FOR FOR THE THE YEAR YEAR ENDED ENDED[31] 31[DECEMBER] DECEMBER 2023 2023 


**----- Start of picture text -----**<br>
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Year|Year|Ended|Ended|31/12/2023|31/12/2023|Period|Period|01/05|01/05|-|-|31/12/2022|31/12/2022|
|£|£|£|£|
|EXPENDITURE|EXPENDITURE|
|Establishment|Establishment|expenses|expenses|
|Unit|Unit|Rent|Rent|-|3,600|3,600|
|Moor|Moor|space|space|rent|[rent]|-|64|64|
|Water|Water|charges|charges|-|1,468|1,468|
|Insurance|insurance|-|9,202|9,202|
|Heat|Heat and|and|Light|[Light]|-|6,590|6,590|
|Repairs|Repairs|and|and|renewals|renewals|:|22,483|22,483|
|Grants|Grants|received|received|.|-|
|Equipment|Equipment|purchased|[purchased]|[and]|and|[expensed]|expensed|-|10,051|10,051|
|Cleaning|Cleaning|-|7,803|7 ,803|
|Car|Car|[park]|park|rent|rent|[paid]|paid|to|to|LCC|[LCC]|-|0|2,574|2,574|63,835|63,835|
|Ecnployment|Employment|costs|costs|
|Wages|Wages|and|and|salaries|salaries|-|98,924|98,924|
|Coronavirus|Coronavirus|[Job]|Job|Retention|Retention|[Scheme]|Scheme|receipts|[receipts]|-|-|
|Pension|Pension|cost|cost|-|3,897|3,897|
|Payroll|Payroll|processing|processing|[costs]|costs|-|418|418|
|Contract|Contract|[Technicians]|Technicians|-|10,499|10,499|
|0|113,738|113,738|
|Other|Other|-|-|Overheads|Overheads|
|Postage|Postage|,|,|[stationery]|stationery|and|and|other|other|office|office|costs|costs|.|3,603|3,603|
|IT|1,537|
|IT|expenses|expenses|-|1,537|
|Telephone|Telephone|-|2,681|2,681|
|Accountancy|Accountancy|650|650|1,760|1, 760|
|Consultancies|Consultancies|-|-|
|Bank|Bank|charges|charges|1,674|1,674|1,286|1,286|
|Subscriptions|Subscriptions|-|489|489|
|Cyber|Cyber|Insurance|Insurance|-|794|794|
|PPE|PPE|&|&|other|other|social|[social]|[distancing]|distancing|equipment|equipment|-|287|287|
|Miscellaneous|Miscellaneous|ie)|6,687|6,687|
|2,324|2,324|19,124|19,124|
|Depreciation|Depreciation|15,879|15,879|10,586|10,586|
|18,203|18,203|207,283|207,283|
|SURPLUS|SURPLUS|[FOR]|FOR THE|[THE]|[YEAR]|YEAR|11,698|11,698|59,049|59,049|

**----- End of picture text -----**<br>


13 13 



## LANCASTER LANCASTER[FOOTLIGHTS] FOOTLIGHTS 

## APPEALS: APPEALS: INCOME INCOME AND AND[EXPENDITURE] EXPENDITURE STATEMENT STATEMENT 

## FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] DECEMBER[DECEMBER] 2023 2023 


**----- Start of picture text -----**<br>
||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Year|Year|Ended|Ended|31/12/2023|31/12/2023|Period|Period|01/05|01/05|-|-|31/12/2022|31/12/2022|
|£|£|£|3|
|Incoming|resources|
|Covenants|Covenants|1,506|1,506|1,982|1,982|
|Tax|Tax|Refunds|Refunds|743|743|600|600|
|Fundraising|Fundraising|-|124|124|
|Amazon|Amazon|Core|[Core]|&|&|[Virgin]|Virgin|[Just]|Just Giving|[Giving]|68|68|189|189|
|Donations|Donations|-|720|720|
|2,317|2,317|3,615|3,615|
|Investment|Investment|income|income|-|1,663|1,663|
|2,317|2,317|5,278|5,278|
|Resources|Resources|ex|expended|ended|
|Professional|Professional|fees|fees|-|(6,204)|(6,204)|
|Just|Just|[Giving]|Giving|Charges|Charges|(36)|(36)|(126)|(126)|
|Event|Event|Expenses|Expenses|-|(150)|(150)|
|Sundries|Sundries|-|=|
|PROFIT/(DEFICIT)|PROFIT/(DEFICIT)|FOR THE|FOR THE|YEAR|YEAR|2,281|2,281|(1,202)|(1,202)|

**----- End of picture text -----**<br>


14 14