OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Retford Little Theatre

2025-05-31-accounts

Registered Charity (513391)

Report of the Trustees and Financial Statements For The Year Ended 31 May 2025 for Retford Little Theatre

Chartered Certified Accountants Kr

----- Start of picture text -----
, Retford Little Theatre
Contents
Charity information 1
Report of Trustees and Executive Committee 2-4
Independent Examiners report 5
Statement of financial activities 6
Balance sheet 7
|
Notes to the financial statements 8-13
----- End of picture text -----

-1-

Retford Little Theatre

Charity Information
CharityNumber 513391
Trustees JYoung
D Cox
;
V Evans
ExecutiveCommittee CMcGinty - Chairperson
DStamp -Vice Chairperson
JYoung
D Cox
S Walker
S Balmer - Ex officio
M Goldstone
G Satchell
E Coulclough
L Hawkins
K Duffy
D Broadhead
S Lale -Co opted
PTurner-Johnson -Co opted
Address oftheCharity WharfRoad
Retford
Nottinghamshire
DN22 6EN
Solicitors Jones&Co
5 Churchgate
Retford
Nottinghamshire
DN22 6PB
Bankers Virgin Money
26Westgate
Mansfield
Nottinghamshire
NG18 1HS
independentExaminer Adam Kettlewell FCCA
Kettlewell&Co Limited
Chartered Certified Accountants
Retford Enterprise Centre
RandallWay
Retford
Nottinghamshire
DN227GR

-2-

Retford Little Theatre Report of the Trustees and Executive Committee For the year ended 31 May 2025

Organisation and Operation

The theatre is operated by the executive committee who meet regularly to carry on any relevant business. Day to day management is dealt with by the trustees who are the main officers of the theatre.

Theatre productions are proposed by the executive committee and are organised individually under the control of a producer.

The executive committee have carried out relevant risk assessments and reviews and consider that their systems and policies are adequate to mitigate any known risks to the charity, its workers and the general public who are visiting the theatre.

Objectives and Activities

The objectives for which the Retford Little Theatre was formed were:-

To foster all forms of dramatic art with special reference to live performing .

To produce suitable original theatre work for live performances

To carry on and promote such other objectives as may be deemed by law to be charitable or educational and within the regulations of the theatre.

The executive committee of the theatre have carried out these activities, within the resources available to them so as to enable them to meet the theatre’s objectives.

It is the policy of the trustees to retain sufficient reserves to provide activities for at least the future year. Surplus funds are invested in short-term investments.

Contributions by Volunteers

The executive committee are grateful to ail the volunteers who contribute to the success of the theatres’ activities and to the theatre members and general public who support it at all performances.

Achievements and Performance

The theatre has undertaken a number of productions this year, all of which were a success with the attending public.

The theatre is not a profit making organisation and has no other purpose than to fulfil its objectives and provide funds to continue to maintain and repair its assets, all of which are essential to the production of its plays.

-3-

Retford Little Theatre

Trustees Report

For the year ended 31 May 2025

Financial Review

The net assets of the theatre at 31 May 2025 were £99,469 (£117,396 at 31 May 2024) calculated as follows:

----- Start of picture text -----
|||||| |---|---|---|---|---| |2025|2024| |£|£|£|£| |Fixed|assets|19,815|22,097| |Current|assets| |Cash|and|bank balances|73,695|90,759| |Other current|assets|7,080|6,340| |80,775|97,099| |Current|liabilities|(1,121)|(1,800)| |Net Assets|99,469|117,396|

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

More detailed information is available in the statutory financial statements.

Policy on Reserves

The surplus cash of the theatre is held on short-term or immediate access banking accounts providing some interest on the funds deposited. The theatre will use its reserves to continue to achieve its main objectives and carry on its main theatrical activities.

Public Benefit Statement

The trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charities Commission in exercising their powers and duties.

Plans for Future Periods

The executive committee will continue to provide the theatre facilities to enable the Retford Little Theatre to continue to produce plays and other theatrical performances during the forthcoming year. It will continue to run The Screen cinema and support a Youth Theatre group.

The theatre has a 21 year lease of its premises to ensure continuity of performances from the theatre. The lease expires in 2027.

Ae

Retford Little Theatre Trustees Report For the year ended 31 May 2025

Trustees Responsibility

The trustees and executive committee are required to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the theatre and of the excess of income over expenditure, or otherwise, of the theatre for that period.

In preparing these financial statements, the trustees are required to:

The trustees and executive committee are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the theatre and to enable them to ensure that the financial statements comply with the Charities Act 2011 and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examination

The theatre does not require an audit of its financial statements and has requested an independent examiner’s report which is included in these financial statements.

The trustees and executive committee have prepared this report in accordance with the provisions of the Charities Act 2011.

Approved by the trustees and executive committee on 18 July 2025 and signed on their behalf by:

----- Start of picture text -----
=
Mr D CoxRaval Ore MrsJ YoungSrawi
Trustee Trustee
----- End of picture text -----

Trustee

5-

----- Start of picture text -----
Independent Examiner's Report to the trustees of
----- End of picture text -----

Retford Little Theatre For the year ended 31 May 2025

| report to the trustees on my examination of the accounts of Retford Little Theatre for the year ended 31st May 2025, which are set out on pages6 to 13.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011(‘the Act’).

| report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

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

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

----- Start of picture text -----
Kol uvelh el U ‘
----- End of picture text -----

A Kettlewell FCCA

Kettlewell&Co Limited

Chartered Certified Accountants

Retford Enterprise Centre

Randall Way

Retford

Nottinghamshire DN22 7GR

18/07/2025

.

-6-

Retford Little Theatre

----- Start of picture text -----
|||||| |---|---|---|---|---| |Statement of Financial|Activities|for| |the year ended 31 May 2025| |2025|2024| |Note|Total|Total| |Funds|Funds| |Incoming|resources|2| |Incoming|resources from| |generated|funds:| |Donations|and|Grants|600|129| |income from|principle|activities|73,282|64,242| |Investment|income|2,278|1,506| |Total incoming resources|76,160|65,877| |Resources expended|3| |Charitable|expenditure|-|-| |Costs|of principle|activities|30,415|21,825| |Management and|administration|costs|54,415|46,685| |Total|resources expended|84,830|68,510.| |Net income/(expenditure)|(8,670)|(2,633)| |)| |-| |Exceptional|items|17|(9,257)| |Net movement|in funds|~~|(17,927)|(2,633),| |Total funds|brought forward|117,396|120,029| |Total funds carried forward|99,469|~~|[117,396]|

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

All the above figures relate to unrestricted funds.

-7-

Retford Little Theatre

Balance Sheet
as at31 May 2025
2024
Note £ £ E £
Fixed assets
Tangible assets 4 19,815 22,097
19,815 22,097
Current assets
Stocks 5 1,802 902
Debtors 6 5,278 5,438
Investments 7 63,408 31,131
Cash at bank and in hand 8 10,287 59,628
80,775 97,099
Creditors
Amounts falling due within
one year 9 41,721 1,800
Net current assets 79,654 95,299
Total assets less current liabilities 99,469 117,396
Net assets 99,469 117,396
Capital funds
Unrestricted funds 99,469 117,396
Totalfunds 99,469 117,396

Audit Exemption

For the year ended 31 May 2025, the theatre was entitled to exemption from the requirement to have an audit under the provisions of section 144(2) of Charities Act 2011.

Approved by the trustees and executive committee on 18 July 2025 and signed on its behalf by:

----- Start of picture text -----
LandQW
Mr D Cox — ~
Trustee
----- End of picture text -----

----- Start of picture text -----
iea:Jean ntti eee 7
MrsJ Young
Trustee
----- End of picture text -----

-8-

Retford Little Theatre

Notes to the financial statements for the year ended 31 May 2025

1. Accounting policies

1.1. Accounting convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

1.2. Going Concern

The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the Charity.

1.3. Accumulated Funds

All funds are unrestricted and can be used in accordance with the charitable objectives at the discretion of the trustees.

1.4. Fixed Assets

Fixed assets are capitalised if they can be used for more than one year, and cost at least £500. They are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful economic lives.

1.6. Stocks and Work in Progress

These are valued at the lower of cost or market value.

t

-9-

Retford Little Theatre

Notes to the financial statements for the year ended 31 May 2025

1.7. Incoming Resources

Investment income is accounted for as follows:

(i) Listed - amounts receivable during the year.

1.8. Expenditure

All expenditure is recognised once there is a legal or constructive obligations to that expenditure, it is probable settlement is required and the amount can be measured reliably.

Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.

1.10. Volunteer Help

The value of any voluntary help received is not included in the accounts but is acknowledged in

1.11. Value Added Tax

The Charity is registered for Value Added Tax and is therefore able to reclaim Value Added Tax on its expenses. Expenditure in these financial statements is therefore shown exclusive of Value Added Tax.

-10-

Retford Little Theatre

Notestothefinancial statements Notestothefinancial statements
fortheyearended31May2025
2. IncomingResources Total Total
2025 2024
£ £
Donations andGrants
Grantaidfrom Bassetlaw DistrictCouncil 0 0
OtherDonations 600 129
600 129
Incomefrom PrincipleActivities
Theatre Productions 65,240 53,117
OtheractivitieswithintheTheatre 8,042 11,125
73,282 64,242
Investment Income
Bank Interest 0 0
intereston depositwith COIF 2,278 1,506
2,278 1,506
Total IncomingResources 76,160 65,877
3. ResourcesExpended
Total Total
2025 2024
£ £
Charitable expenditure
Local Charities ) 0
0 0
CostsofPrincipleActivities
Theatre Productions 27,117 17,541
Other activitieswithinthe Theatre 3,298 4,284
30,415 21,825
Management and Administration costs
Establishmentcosts 42,602 38,644
Generaladministration costs 5,018 4,714
Independentexaminersfees 0 900
Depreciation charges 2,282 2,427
InputVATdisallowed 4,513 0
54,415 46,685
TotalResourcesExpended 84,830 68,510

A

-11-

Retford Little Theatre

Notes to the financial statements for the year ended 31 May 2025

4. Tangiblefixedassets Building
Refurb		 Furnishings
&Equipment		 Lighting&
Screen
Equipment		 Total
Cost
At 1June2024 19,656 125,089 15,230 159,975
Additions duringthe period 0 0 0 0
At31 May2025 19,656 125,089 15,230 159,975
Depreciation
At 1June2024 16,410 106,718 14,750 137,878
Charge 325 1,837 120 2,282
At31May2025 16,735 108,555 14,870 140,160
Net bookvalue
At 1June 2024 3,246 18,371 480 22,097
At31May2025 2,921 16,534 360 19,815
5. Stock
2025 2024
£ £
Stock 1,802 902
1,802 902
6. Debtorsand prepayments
Amountsfalling due within one year: 2025 2024
£ £
VAT refund due 0 233
Prepayments 5,278 5,205
5,278 5,438

-12-

Retford Little Theatre

Notes to the financial statements for the year ended 31 May 2025

7. investments

CurrentAsset Investments 2025 2024
£ £
COIF -Charitiesdepositfund 63,408 31,131
63,408 31,131
8. Cash atbankand in hand
2025 2024
£ £
Virgin Moneycurrentaccount 9,550 59,124
Cash in hand 737 504
10,287 59,628
9. Creditors
2025 2024
£ £
Amounts falling due within oneyear:
VAT liabiltydue 471 0
Accruals 650 1,800
1,121 1,800

1

-13-

Retford Little Theatre

Notes to the financial statements for the year ended 31 May 2025

  1. Movement in funds

----- Start of picture text -----
As at Incoming Outgoing Transfers As at
01/06/24 resources resources 31/05/25
Unrestricted Funds
General Fund 117,396 76,160 94,087 0 99,469
Total Funds 117,396 76,160 94,087 - 99,469
----- End of picture text -----

  1. Capital Commitments

No capital expenditure was committed at the year end.

  1. Other Financial Commitments

As at 31 May 2025 the theatre was committed to making a payment of £15,500 under a noncancellable operating lease during the year to 31 May 2026 (£15,500 in 2024)

  1. Contingent Liabilities

There were no known contingent liabilities as at 31 May 2025

14. Trustees Fees and Expenses

One Member was paid a total of £2,000 to cover out of pocket expenses and honorarium for the year (£1,500 in 2024).

15. Employees

The charity has paid £1,837 in wages to part-time employees (£1,914 in 2024). All other work is carried out by volunteer workers.

16. Fees for Examination of the Accounts

The amount included in the accounts this year was £nil (£900 in 2024)

17. Exceptional items

During the year, HMRC conducted a VAT investigation into the charity's affairs. As a result of this investigation £9,257 was paid regarding irrecoverable vat relating to previous years.

=| CHARITY COMMISSION FOR ENGLAND AND WALES

Trustees’ Annual Report for the period

From 01/06/2024 To 31/05/2025 Charity name: Retford Little Theatre

Charity registration number: 513391

Objectives and Activities

|Po
Summary ofthe purposes of||SORPeBeronG®
Para 1.17|Tofoster allformsofdramatic art| |---|---|---| |the charity as set out in its||especially live performance| |governing document||| |Summaryofthemain
activities in relation tothose ||fara 1.17and|Toproducesuitableoriginaltheatre
workfor live performances and| |purposes forthe public||to carry on and promote such other| |benefit, in particular, the||objectives asmay bedeemed by lawto| |activities, projects or||be charitable oreducational and within| |services identified in the||the regulations ofthetheatre| |accounts.||| |Statement confirming|Para 1.18|Thetrustees havecomplied with their| |whetherthe trustees have||duty to have due regard tothe guidance| |had regard to the guidance||on public benefit published bythe| |issued by the Charity||Charities Commission in exercising| |Commission on public||their powers and duties.| |benefit||;|

Additional information (optional)

You may choose to include further statements where relevant about:

a
.
eee		 Para 1.38 oe
Para 1.38
,
.
Policy on social investment
including program related
investment
The executive committee are grateful to
all the volunteerswho contribute to the
Contribution made by Para 1.38 success ofthetheatres’ activitiesand to
volunteers thetheatre members and general public
whosupportitatallperformances.

ee ee

Achievements and Performance

a
Thetheatre has undertaken a number of		 a
Thetheatre has undertaken a number of		 a
Thetheatre has undertaken a number of
productions this year, all ofwhichwere
Summary ofthemain
achievements ofthe charity,		 Para1.20
:		 asuccesswiththeattending public.
identifying the differencethe
charity's work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41
objectives set
Performance offundraising
activities against objectives
set
Investment performance Para 1.41
againstobjectives

Financial Review

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Review|of the|charity’s|The|net assets|of the|theatre|at 31|May| |financial|position|at the|end|2025 were £99,469|(£117,396|at 31|May| |of the|period|2024),|please see the|attached|accounts| |for|full|details.| |Statement|explaining|the|The|surplus|cash|of the theatre|is|held| |policy|for|holding|reserves|in|short term|or|immediate|access|bank| |stating|why|they|are|held|accounts|providing|some|interest on|the| |funds|deposited.|The theatre|will|use|its| |reserves|to|continue|to|achieve|its|main| |objectives|and|carry|on|its|main| |theatrical|activities.|It|is|the|policy|of| |the|trustees|to|retain|sufficient|reserves| |to|provide|activities|for at|least the| |future|year.| ||Amountofreservesheld| Parat22_|[g99469| |bl| |reserves|a|Ll| |Fadeficit| |uncertainties|about|the| |charity|continuing|as|a|going| |concern| |see)|

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

Additional information (optional)

You may choose to include further statements where relevant about:

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |The|charity’s|principal| |sources|of funds|(including|| Pa"|1.47| |any|fundraising)| |Investment|policy|and| |objectives|including|any|Para|1.46| |social|investment|policy| |adopted| |A description|of the|principal|||Para|1.46| |risks facing|the|charity|

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

Sea

Structure, Governance and Management

|Descriptionofcharity's
trusts:
Typeofgoverningdocument|P|
pParet250|TrustDeed| |---|---|---| |How is the charity||Trust| |constituted?||| |Trustee selection methods|Para 1.25|Trustees appointed bymembers| |including details ofany||| |constitutional provisions e.g.||| |election to post orname of||| |any person orbody entitled||| |to appoint one or more||| |trustees|||

Additional information (optional) Additional information (optional)
You may
choose to include further statements where relevant about:
Policies and procedures
adopted forthe induction
and training oftrustees
The charity’s organisational
structure and anywider Para 1.51
network with which the
charityworks
Relationship withany related Para 1.51
parties
me

Reference and Administrative details

Retford Little Theatre
Othernamethecharityuses
Registered charity
number
Charity’s principal address WharfRoad
Retford
Nottinghamshire
DN22 6EN
Ge

Names of the charity trustees who manage the charity

----- Start of picture text -----
Cn
2[ocx |+i|—d
3[VEvans |Cd
5
5
Ss
ee
a
a
a
a
2
5
a
1
a
a
5
a
apo
----- End of picture text -----*

----- Start of picture text -----
Corporate trustees — names of the directors at the date the report was approved
[Directorname |CS
Qe
ee
ee
a QO
a Ga
Name of trustees holding title to property belonging to the charity
a
Qe
ee (
ee GQ
a GQ
GG
----- End of picture text -----

Funds held as custodian trustees on behalf of others Description of the assets held in this capacity

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Name|and|objects|of the| |charity|on|whose|behalf the| |assets|are|held|and|how|this| |falls|within|the|custodian| |charity’s|objects| |Details|of arrangements|for| |safe|custody|and| |segregation|of such|assets| |from|the|charity’s|own| |assets|

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

Additional information (optional)

Names and addresses of advisers (Optional information)

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Type|of|Name|Address| |adviser| |Virgin|Money|26|Westgate,|Mansfield,|NG18|1HS| |[Accountants||Kettlewell& Co|_[Retford|Enterprise Centre,|Retford,|DN22 7GR| |Name|of chief executive|or names|of senior staff members|(Optional|information)|

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

Exemptions from disclosure

Reason for non-disclosure of/ personnel details

Other7 information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Full name(s) “Dpavin COX Moan Ttoun’d
Chair, etc)
Date 40/9/25