Registered number
00464￿8
Little Theatre IGatesheadl Limited (The)
Report and Accounts
31 March 2022

Little Theatre (Gatèsheadl Llmlted IThel
Report and accounts
Contents
Pag&
Company Informat￿￿
Trustees. report
Independent Examinevs Report
s￿￿ment of Finanaal Activities
Balance sheet
NDtes to the a¢wunts

Little Theatre IGaie$headl Llmltsd IThel
Company Infowmation
Dlrectors and Yruste
Mr R carr￿therS- Cliairinaii 1i1cied as careiakertrea5urer betyveen 7JsDuary 202? and 30 January 20?71
Mr5 N D¢ni -Trea5ur¢r- re51gned 6 101?
Mrs J CAmiiheYs- Treasurer- appoiiiied i l January ?0??
Mr E Collins
S Dclark
Mr M Swallo
Mrs S Bertie
Mr H Ptitch8rd
S8CYotsry
Mr5SDCla
It)d8pendent Exomlnor
T R Dixon &. Qo Ltd
Chartered Certified Accountants
l Dinsdale P￿¢
Tvne & Wear
NE8 4JR
Register•d thaiity rbumb•r
510742
Regi8tor•d office
Little Theatre
Saltwell View
G81&5head
NE8 4JS
Reglstored numbor
00464(￿8
Country of In¢orporatlon
Enyland

Llttle Theatre IGatesheadl Limitsd IThel
Regi5ter¢d number:
510742
Tru5tees' Reptsrt
Thetrustees pre.%ertttheirreportand accounrs fortheyearended 31 March ZO22 which areprepared ro
meetthe requiremertts fora dirertois, reportand accounis for Companics Act purposes.
The Finartiial statements comply wilh the Charities Act 2011. rhe CompaniesAct 2006.the Memorandu
and Ariicles ofAs50ciation. and Arcouning4nd Reportingby Charities.. StateTnent of Rel￿mmended
Pr3Ctite applicable th charitles preparing theiraccounts inaccordance wirh the Financial Reporring
Srandard applicjble in the RepublitoFlrÈ13rt11 IFRS 1021
Reference andAdmlnlstratlve Detai15
Details ron¢erlling the ¢haritynumberand company numberand re8lStered officeare
disclosed on page l ofiheaccounts.
Oblectlves of the Charjry
Thecompany wasestabllshed as a charity to prornoie. rnaintain.irnproveand advanceeducarioll
particularly by the produrtion aFedutatlonal plays and theencouragementofthe Arts includill8 rhe
ai'ts of di'ama. minie. daiice. 51nging and music and to forrnulale. prepare and e5tabli5h 5rhemÈs
therefore provided thatall objecES ofthe companyshall be ora charitable narure.
StrliCture.Governance aTrd Manasemeut
ThèéSrociorÉ 2nd trusièes In o￿lC￿ at the dale of this reportand who served during rheyegr&re
115ted OD page l. Tru.stees are apptsinted or reappointed annuallyattheAnnual General Meeiin
Thedirecrors have no inreresis in the shares of Ihecompany. Trustees receive no beneftt
rorthelrinvolvemenrin rhe running of ihecharity.
Sumtnaryolthe Main AchievemetttsoftheCharSty durlJJ8tbe year
Thehuilding ofthe rehearsal rooni wo now call The Studio was coniplcicd in July 2021 Ihavingsrartd irt
january 20211. Thebuild was notwithout its difficultie5 bul ha5 been very5uccessful since itwas
completed. Aswell 35 being used forplay readinggartd rehearsals It has been hlred out for soc]al events.
showing films and as a gathering poinrfoi'school hires The main aim of the studio w&5 tQ 311ow rehearsals
to tske place on Stage while J rehearsal orperformance went on on the sta8e- this has been achieved and
each event can take place withoutdisturbing theother. Wesrarted using The Srudiostraightaw¥ywith the
official openingon Ocrober Isi 2021 Thi5was a very su¢¢e5sful evenin
Early in 2022 with the help of membpr* trhp Rliie IAll•l*wgrÈ rgfiirhlqhpd thg p2inllngnf rh•
eyteriorof the building was bE¥urt.
We had a very Successful ouiside booking- a parttomime In Decemberwlth Lee Brannlgan productton& We
werepleased tvwelcome EveTrew'sTheaEre School in forluniorAnnie and hope io beable io host rhem
again.
Woare happy lo repDrtweve had 5tudEnts ID from a school who rehearsed and then puitheir showon in
Ihe evenin
We had 2 vislt fn)rn the Newcastle and Northiimberfand History Society who came for a tour of Ihetheatre
and saw two filn15- tlie ?Sih AnTriver&iry film and a film a￿ut Our L969 produLtiOrtofThe Shlfting Hoai'i.
Wechanged yearend a¢¢ountant in july 2021- weare nowwith Leanne Cook Accoullnng For thcyear end
a¢¢ourtts workand T R Dlxon & Co Ltd forthe prepardiion and issue of iheexaminers report required by
IheChariiiesCommis510n.

Little Theatre IGatesheadl Limitod (The)
Registered number..
510742
Truste85' Report
We5eetll to have recovered well from the efiectsofbeing closed beNeen March 2020 and july 2021 and
we need to build on iliis. Wedo Fatt challenges moving forward as costs are riSiA& SD farwehaveabsorbed
price increases but IheyaTrconcernin
To finish on a ptysidve note,we have had manyenqulrles abollrhlrtngthetheatre- so manywe have had to
turrt somedown.
R¢5tri¢tcd Ihcome from Trusts thlsyear toward5 the capital 3chEmc Iiytcd with thc ￿￿￿¢3 of rhcfvndcr>
ARTS Councll England £S.000
Nanonal Lottery £50.000
Employees and volunteer5
The company eTllployed two part-timecaretaker/¢le2nerson ave￿ged￿rIng theyearwlth achan8e or
personnel in November 2021 and March 2022.The company coiitinues io ernploytwo parrtime
iaret3ker/cleaneis.
Tlie general volunteer5arethe Tnember5 ofthe Progressive Players, any of whom may beasked toasslsrin
the husine55 Dfthe ch.Irlty. maiiily servan8 on the Iicenced barand sellingice cream&
PtsllU(al and Charltable Donatfions
Duriiigtheyearwe have rnade no charitable donation5 {2021-E5,0001.

Llttle Theatre IGatesh8adl Limitsd IThel
Regi5tÈred number:
510742
Trustee5' Report
Policy on reserve$
Wehold cash atbartkand on deposit ofE61.33412021 £300.4971 ofwhich E8.95412021 E242.5061 Is
regarded as being resirirted foruse in rehearsal faciliries projecr. The bal3nce of e52.38012021- E57,991
I Is regal￿ed as unresLricted and are held in orderto meeiarty unforesÈenexpendltllre that mayoccur.
STh911 fOrnpx￿Y
Thi5 report h25 been prepAIEd In accordance wilh rhe provisions in Part 15 of the COm￿nieS Act 2006
appllcable th companies subjeci ro the small cornpanie5regime.
Goln8 concern
There are nomarerial uncertainties regarding thecharlty'sability ro continue forthe foreseeable fvture.
Thi5 reportwa5 appraved by the board on........
nd signed byits 0￿er.
r51 Carruthers
Director

Little Theatre IGate$headl Llmitsd IThel
Indepondent Exami￿¢r,￿ Report
Ind¢peiidefftt EKarni￿er'5 Report tts the TNstees
on ihc Attown15 of LirtleTheAtre IG*te5hÈ*dl Llmlted {Thel
I re￿rt to ihe (harli￿ ttusiets on rny exainination ofihe accoun15 ofihe compaD) for the yearertded
i l Marcli ?D??
Rt5PEtti¥e R(spoiislbllsises TrfTry5tees ADd EAS￿]￿er
As ihe charit>'5 frustee5 ofthe comp8n% landtlso its directors for ihe purpo5e5 9fcompzn> law) sou are
r￿p￿sIble for ihe preparaiion ol'the accounts in a¢¢ordJnce iTrith the Coinpanic5 Act ?fMIO I"Th¢ !006 Act").
Havin¥T satisfied m}￿11.thai ihe acc<)unts ofthe Coinpan) are noi required to be auditcd under Part 16 of I
?006 Act and are elibpible fLY ind¢pendeni eNaininaiioN. I repffi in re5pccI ofm) cxaminaiion ofyourcharit) 5
eiainination I have tollo￿ed the Directions given bv Ihe charl￿ c￿￿11715$10n under S¢ction 145151 Iblof the
IndÈpendtnt E%aniintr'5 Statement
I have complet¥d ni) LXaminAtion. l ¢Dnfinn that Matte￿ have coffte to mv attenti¢￿ in conneciion with th¢
exarnination ¥Trjving Me ¢au5e io believe
a¢¢ouniin¥b records have DL)t b¢¢n k¢pt accordance with seeiion 386 ofthe Companies Act ?006..
thL¥ accounL% do not accord ￿1th sucli record5'.
theaccounts do not comply iiith Ihe aECOUTrting rrquiremthis ofsection 396 ofihe Act oiher
than anv requirtmeni that the accounts give a true and fair vj¢w 15 a rnatterconsidered
a5 part of8n inde￿ndent ¢.xamination or.
the accounts have noi PTep3red In accordance wilh the methods and principlesofihe Statement
of Re¢orninended Practice lor accNntin¥i and reportin
UK IFRSIQ?)).
I have ￿(on(cr￿S and havtcotne across rto other Inaners in conneciion wilh ihe exwnitLation to ￿h1¢h
atteniion Should irt Ihis repffi in orderio enable a properunde￿l8￿din¥0Fthe ac¢ounts to
rearhed
T R Dixon &. Co Lid
ClIArtered Q¢nilied Accounian15
JeSn￿nd
T>ne & Wear
NE? IBD
D8te'.

Llttle Theatr• IGattsh8adl LiM￿*d ITbo1
Statomenf of Flnanclal AcUvftles
forthe year 9ndod 31 March 2022
v￿r￿t￿(b￿ RqylriBtsd
FundB
Fwnds
Totsi
Fundè
UnM9trkt•d Re•trfct¢d
Fund*
FU￿d8
Tt)tsl
FuDd¥
2022
2022
2022
2021
2011
2Q21
Saks
Rent
Aant - Pwresslve Playe
Inteie$iondeposiiaccouol
Donation5and conlribuDon8
ovid 19 Su￿ort grants
1S.348
5.820
9,532
15,348
5,820
9,532
910
910
14.298
124
14.298
5.000
81.0
86.0
11,934
3.5$5
270,080
270.090
44.602
7.588
44.802
3.555
Totsi Ineomlno
61.r
132.197
67.722
270,080
337.802
P•¥ourc•* exponded
9,303
9.579
1,2fj0
$.522
9.3
9.579
1.260
6,522
2,401
559
3.1g9
10.214
3.199
10.214
1,800
7.2>1
8.315
534
23
2.647
WagF% and nabonal In$ur*i(*
Accountèncv
Heal. l¥htand wator
Insuranc
T81èPh¢Mie
Piintin9. poswye and
Repair&and renswal$
Litentss
Cleaning
OthBr1è981 Bnd piofe55ionAI
Sundry e¥pgnsgS
Depre(￿lOn
7.291
fj.315
534
23
2,847
559
1S.681
fj2
774
5,174
330
14.395
6S,SOO
774
5.174
330
14.395
354
13.841
2.882
3,593
52.893
3S4
13,841
2,882
3.593
52.893
N•1 [n¢orn•lèxpondi￿r¥l and
net mo¥ernoniin fvn4•
14.829
270.080
284.909
R•¢onclli¥tiOn of
TDtal funds brou9hlf0r￿ard
Netincomeiiiossi
Tr8nsTerof tund8 r8laknng to
reh￿a￿&s1 room project
314,580
15,3QS
242,
61.(M)O
557.
65.697
197.142
75.035
270.000
272,177
2e4,909
314,SS2
I314,￿2)
102.609
Totsifund• Garrf•d brward
613.829
$22.783
314.580
242.506
557.096
The statemwt offin¥nri* acbth& indud8g ali 9ain$ aThl loases ￿nISed In the year.

Little Theatre (Gatesheadl Limited (The)
R?gi8tered number..
00464068
Balance Sheet
as at 31 March 2022
Notes
2022
2021
Flxod 88Set8
Tangible ¥ssets
s81,423
305,732
Current assets
Stocks
Debtors and prepaymnls
Cash al bank and in hand
501
7,256
61,334
69,091
3,052
300,407
303,459
Credltors: omovnts falling due
w6thln one year
146,8551
Net current assets
86.610
256,604
Total net assfrts
628.033
562.336
Capital and futhdB of the ¢harlty
Called up share capital
UnrÈsirKièd Income funds
Re51ncted funds
5.250
613.829
8.954
5.250
314.580
242.506
Total charlty Share upltsl and
funds
628,033
562.336
The director8 are satisfied Ih8t the company is enlilled 10 exemption from the requirement lo obtain an
audit under seGlion 477 of the Companies A¢1 2006
The members have ml required the company to obtain an audit in accordance with sect￿0 476 of the
Act.
The directors acknovAedge their r8sponsibilities for complying with the requirements of the Companies
Act 2006 with respect lo accounting records and Ihe prep8ralh)n of accounts.
The accounts have been prep2red and delivered in accordanTr with the special provi*ons 2ppI￿able to
companies subject lo the small companies re9ime. The profil and account has llot been delivered
lo the Registrar of Companies
CartuihEt5
Director

Little Theatre IGate$headl Llmltsd (The)
Notss to the Accounts
for the yoar ended 31 March 2022
1 Accountlng pollcl88
Basis of preparation
The financial stalements hève been we￿red in aceord8nce Aeeountinp and Rew*ng
by Chairtyds.. Staternenl of F¢ecotnmended P￿diCe applicableto tharityes pr8paring Ihgil
IFRS 1021 ICh8niies SORP IFRS 10211. the Finanual Reporting siandaid appliCa￿e In the UK
IFRS 10218nd the Companie5 Aci 2Q￿.
Income 8ndrncognltlonpollcl•s
Income deiwes from pioperty ￿ntaI Incc4ne, bar 2nd Ke cream Sa￿5, End donations.
Items of irwmeare ￿¢0￿JniS90 and included In the accounls when all o1lhgfollo¥v￿9 are
The chariiy hasentiuemem loThe funds.
Any performan￿ condilrons attached lo the items of incoffle have bpen metare
fully within the control of the charity
There is sUff￿lent certainty that re￿Ipl of The income is ¢onÈidered probab￿.
The alnounl can be measured ￿liaNY
Fundaccountsng
Unre$th¢le¢ (und5 ar& availawe to spend on 3divitw Ih3tfurthErany of the PU￿088¥ olll
eharity Restricted (unds Ale tundswhlch the donor has speafied ￿￿ to be SO￿lY used foi
particular areasoflh8chatitls ¥vwk
Exp*Jdltu
Expgnditurp Is re￿gnised IhÈrè i* a kga1 orcon¥truCtive obligaknon io make a p*ment to
third paty. it IS probab￿that settlement will be ￿quired and the amouniof ihe obligation can be
MeaSu￿d rel￿ably.
Tanyible lixÈdassets
Tangible fixed assets ar8 measured al les5 XCUtnul¥bve depr•*iw ¥nd ¥ny
3Kumulalive Impairment lossgs DeprÈtiation 1$ providèd tsn 8itianoi￿e fixed askts at a
Lakulaled t0￿rite￿fIIlie cost. less eslImal￿ ￿e5￿Ual value. of each asset evenly oyer Its
eXpeC￿d usef4Jl life, as fDIIow6.
Prope￿, plant and machin8ry
2.5% reducing bal¥n¢9
Sto¢k$
Slothsare measured al the Itwpr tsf CO￿ ¥nd *$timatÈd sèlling rNice ￿￿e05t& to cOM￿•te8nd
gell Cost ia detèrmined using the first In first Out method The carrying amount of $￿ck sold is
rectynised as 2n experw In ihe period In whKh the rekled ￿venue Is re￿gnIsed.
Cash &tb8nk 8ndln hand
¢a3h ¥t baftk and in hand ineludes cash Ènd Short term hlghly liqu￿ Invesknents￿th immedla
Access.

Llttle Theatre (Gatesheadl Limitsd IThel
Note$ to th¢ A¢counts
for the year ended 31 March 2022
Debtors
Short leTm debtors arp mtr¥$urÈd at transa￿lort prlce lthichls U5ua11y the invoKe piicel. less any
irnpairm8nt lossesfor bad and doubfful dèbts Loans and Dtherfinanual a￿ts are Inilially
re￿nISed st Iranssction price Induding Bny transethon cos15 dnd subsequeniiy measured al
amortised cost determined using the effecbve Inteigsl method. less any Itnpaitmenl losses for
bad and doubtsul debts.
cl￿￿0
Credilora are reco9nised véherethe chanly hasa pre5enl obligation re&uth￿ from a past
thatwill probsbty result In the transfer olfundslo a ihird party tho omDunt due to settle th$
Dbli92tion can be measured oi es1im?180 reliably
2 Numbgror employee
2022
2021
Average nurnL*r of empknyees durin9 th8 financial period
3 Operating prolit
2022
2021
This Is stated aftercharging".
Oèpre¢&81ion of owned fix8d assets
14,395
3.593
Pr•ml80S,
plant an
equlpment
4 Tanglble flxod assets
¢08t
At 1 April 2021
Additions
Sutplus on revaluation
Disposals
Al 31 March 2022
353,060
270,086
623,146
Depreciation
Al 1 Apnl 2021
Charge for the year
Surplus on revaluation
On disposals
Al 31 March 2022
47.328
14.395
61.723
Net book value
Al 31 March 2022
581.423
At 31 March 2021
205.732

Llttle Theatre IGatesheadl Limited (The)
Note$ tt> the Accounts
for the year ended 31 March 2022
5 Debt¢)rs
2022
2021
Prepayments
VAT
3.360
3.896
7.256
3,052
6 Cr8d6tors'. amounts falling duo withln on8 y88r
2022
2021
Trade creditors
Accruals
2.481
2.481
46,855
46.855
7 Share ¢aplt41
2022
2021
Allotted. called up and fully paid
5.250 Ordinary Shares of £1
5,250
5.250
8 Analysis of mDv8m8nt In fund8
2,022
Unrestdcted Restricted
314.580
242,506
Total
557.088
As at l Apnl 2021
Nel incomelexpenditurel
299,249
1233,5521
65.697
As at 31 Mar¢h 2022
613.829
8,954
622.783
9 R8lated party trnn$action$
Dunng the yearlhe comp¥ny tharoed £9.532 12021-£14.2981 by way ol reDllo Progreswve
Playe16 Galeshg?J Lbmikd (Thèl
Dunng the ye¥f thé company dld noi receive any coDlribWiOn$ (2021 - £01 towardslhty runru
co$ts ollhe the2trefForn Progressive PlayeTS Galeshead ￿Mrfed (The).
None of the wu51ees have been any ￿mUn2￿￿on Or￿Cel¥ed8nY oth&r benefitsfromth8
company ora rel8led entity
10 Capltal Commitments
Al the year end the tr)mpany h&Y m c8pilal commilmellts In respect of the construction
of the studio In the amount of12021 - £273.7501. This has been mel by the restricted
funds already held and further donations
10

Little Theatre IGatesheadl Limlted (The)
Notes to the Accounts
for the year ended 31 March 2022
11 Ultlmats controlllng party
The company Is a wholty Lwned Subs￿1￿ry¢l Progressive Players G8le5head Limiled (th&l, a
company regislered in Engignd and Walea. registrabm numbei 00380679 and chaTty number
511
The puTrose Prtt9fÈs*Ye Pltyen Getejhead L1mite4 Uhel i? thg thatvflhFrortwany
A$ detailed wtthln theTruslees Report.
The aggieg*e Gawtal and 18setv8s of Piugre$$ive PLqyers G*eshead Limited (the) was
£163,437 12021- £170,944 and its Ibssllpmffts forthe yeErthen ended %Yere IE7.5101, 12021-
1£95,08711
12 Legal entity
llle Theatre IGatesheadl Limited lThel wvate limited ￿mP￿nY Inc0￿ra104 In England. the
registered office Is..
Lrfue ThEairè
Sathll View
Gatesh8ad
NE8
13 Corporatlon Taxatbon
The eh8rity IS exempi from iaxon incotne gains falling within Sett￿n 505 olthe TAxesAct
1988 orseciion 252 of ih8Tax*iun ol ¢h*tyvable Gain8Act 1%2 10 ihe extenllhallhese ale
applied lo thnlable objed¥.

Llttle Theatre (Gateshèadl Limited (T￿>
Dgtsilod profil8nd loss account
forthe yearendgd 31 M3r¢h 2022
2022
Sal
Sa
15.348
910
Othèr kn¢om¢
5,820
9,532
Reni Pwres$iw Playars
nn d￿n￿l*S￿[r￿ljnt
DDnaliDnS
¢oiryd19 sUPPOrt9r8￿$
Furtough daims
86.000
11.934
3.555
116849
270.080
44.802
7.588
336.892
337.802
Cost Df Ba
Purchas88
Movemént In statk
1.1(NJ
3.199
Adrninistr4twe ¢xFen•e*
Employee ¢osts
Wège$ènd natiwal In$ur3n
9085
PremisescoEts"
Cleaning
774
T14
G8neral 8dministr5tsYeexpeA*S.
Telepho
Piinbng. postage aThY stationery
InS￿raT
Repairs an¢ ren8waL
559
23
6.315
2,B47
7,291
2,401
6,522
62
Li¢ence$
Dgpre)abon
Suffldry 8xp8n5es
3.593
2.BB2
23.485
330
40.410
Legèi Bnd piolessioMI ￿$L$.
AGts)unian¢y lees
hpr14al ￿of￿510￿al
1,800
13,841
15.641
6.434
52,893
Thi%pag8dD85 nDlfoThn parf OlthÈ$t4t￿Oty&￿OUTrtI