ACTORS WORKSHOP YOUTH THEATRE Regislered Charity Number $19685 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ACTOR'S WORKSHOP YOUTH THEATRE CONTENTS Pages Charity Information Annual report of the trustees 2.3&4 Independent examiners report Balance sheet Statement of firkancial acb"wb"es Notes to the financial statements 8.9.10&11 ACTOR'S WORKSHOP YOUTH THEATRE CHARITY INFORMATION Chairman R Las5ey Executive Directors M Ward Charity Number 519685 Addres$ 7-9 Sl James Street Halifax West Yorkshi HX1 5SU Accountants B Limited The Courtyard 42C Low Street She￿uM-¥￿E1rnet Leeds LS25 6BA Banker5 YoTkshire Bank PLC 7 Waterhouse Street Halilax HX1 IXZ Annual Re rt 2024 2025 Actors. Worksho Youth Theatre. Chari 519685 Herewith the Annual Report of the Actors. Workshop Youth Theatre (The Workshop} for the period September 1" 2024to August 31st2025. Trustees Robert E. Lassey Brenda Hodgson Allan P. Naylor Matthew Grainger Mark R. Haigh Gareth Hunter Sinaan Kahn Paul Op3CiC Thoma5 C.A. Vickery Lottie Ward Lee Whitton James F. Wilson Chairman Secretary Treasurer Appointed 6th February 2025 Appointed 6 February 2025 The Workshop's objertives continue to be to advance the education of the public, and in particular young persons. in the Arts and to further the development of public appreciation and taste in the said Arts. Our secondary objectives are to use the Arts a5 means with which to build confidence in young people and to instil a sense of self-worth nd self-belief. During the period of this report. the Artors. Workshop Youth Theatre mounted the following productions.. 17th 21" September 2024- "Glengarry Glen Ross" by David Mamet 3rd_ 7 December 2024- e Ladykillers" by Graham Linehan 22nd_ 26, April 2025 - 15th_ 19th July 2025 - -A Servant to Two Masters" by Carlo Goldoni "The Misanthrope" by Moliere Our 2024125 Season saw a return to our full programme of productions for the first time since our 201912020 Season was truncated by the pandemic. It also saw the continuation of the tran51tion to a new era of The Workshop following the retirement of our Founder and Artistic Director, Mike Ward. during the previous Season. The success of this transition was evidenced not only by the completion of the full programme of four Youth Theatre productions but also in the significant increase in young members attending our classes and participating in productions. We continued to utilise a rotation of volunteer Dirertors for our produrtions which had the added bonus for our young members as it offers a varied experience as each Director brings a different view on the theatre and Style of production. This allows us to present a much fuller education in the Arts to our young mernbers. We opened the Season with a production of David MameY5"Glengarry Glen Ross" in September. Mamet's writing style provided a great challenge for our young members as the dialogue often includes realistic talking beats as well a5 several complete non- sequiturs which removes any obvious cue5 to aid with line learning and ￿qUireS a greater level of focus in order to keep the flow of the Play going and not lose the concentration of the audience. This was followed in December by a production of 'The Ladykillers" by Graham Linehan. This had originally been scheduled as the closing production for the previous Season, however this had to be postponed due to Mike Ward's health issues and subsequent retirement. The Play includes a lot of physical comedy which needed to be tightly choreographed and rehearsed by our young member5. We were also able to include several new members who joined during the rehearsal process in small roles as part of the group of old ladies to whom the criminals have to perform towards the middle of the show. A5 the show is so well known we were able to attract a large audience during the performance week, including many who were attendingThe Workshop for the first time. In April we mounted a produrtion of Carlo Goldoni's"A Servant to Two Masters". This evidenced the increased rnembership numbers we were experiencing over the period of thi5 report as we were able to produce a much larger cast production than other recent show5, thus opening up more options of Plays to stage with our Youth Theatre. The show has several very prop heavy sections, as well as typical 'near-miss" farce elements. which requires perfect timing in order to make work. This highlighted to our young members the need fortight choreography and concentration to work as a team in order to pull the show together. Our final production of the Season was"The Misanthrope" by Moliere. This was chosen in order to provide our members with the challenge of what might loosely be termed as "Theatrical language" as the Play is written in rhyming couplets and retains most of the dialogue as originally written in the 17th Century. Thi5 means that much of the dialogue may not be immediately recognisable and understandable to our members on first readin& and equally to an audience on first listenin& and so the cast need to be deeply engaged with the subtext and how body language is used when speaking in order to aid the audiences understanding of the Play. We also used this as a slight test in order to see if our young members may be able to handle a Shakespeare Play, as was at one time a staple of our output. Due to the success of the production it was decided to include a Shakespeare Play in the next Season's programme of productions. Alongside our Season of productions. we continue to run our weekly classes in drama for young people aged 11-19. running concurrently with the local school term schedule. Rehearsals for productions are kept separate to classes in order to ensure any member who is not available or doe5 not wish to participate in a particular show is not excluded from the classes. In addition to our Youth Theatre's artistic output we continued to increase collaboration with local theatre companies to mount additional performances in our Theatre, both aiding us as a fundraising venture as well as the companies by providing a performance and rehearsal space. Having successfully linked up with Foot of the Barrel the previous season. we continued that partnership by hosting two more productions of theirs during the period of this report. This took the form of a slight double bill, as they produced John Godber's "Bouncer5" in October as part of the Halifax Comedy Festival. followed by "Shakers" in June. Between these productions we collaborated with another local touring company, Talking Stock, to stage the debut of their new Play "Deep is the Night" In addition to the production of "Bouncers" we also acted a5 a venue for other elements of the Halifax Comedy Festival, including a stand-up comedy night. Due to the success of these collaborations it was decided to continue pursuing this avenue as a mean5 to produce f urther opportunitie5 for the local community to experience the Arts in the cominE Sea50n. Our resident fundraising Role Playing Games group, "AFK" continued their weekly sessions throughout the course of the period of this report, raising funds via subs and a soft drinks "tuck shop" as well as a -24 hourf sponsored fundraiser. In addition to being a successful fundraising scheme. this group also aid5 in our secondary objectives of building confidence and self-belief as many of their members struggle with certain social situations and have issues with self-confidence. These weekly meetings enable us to offer support to individuals who would otherwise be unlikely to access our se￿ice$ as they do not wish to be involved in the artistic element of our work. We continue to be grateful for the financial support of our 'Angels' private sponsors who donate through monthly or annual subscriptions. as well as to several supporters for additional "one-off, donations. During this period we were also grateful to receive a number of Grants from Trusts and Foundations including the Sir George Martin Trust and the Bramall Foundation. ACTOR'S WORKSHOP YOUTH THEATRE TRUSTEES ANNUAL REPORT Thg Trust688. aFe alsg direclors of lh8 thaaty for Ihe purw)s•s of the Cr￿￿panieS Atl 2006, present theSr rermm thith Ihe unaudtsd finanria statements tharitylcrf the year ended 31 ￿￿￿St2025. REFEREIICE AND ￿>MINIsTRATIvE DET￿Ls Charity No. 519685 Reg￿tered Offle• 7-9 Sl James Street Hdilèx West YothshiFe HX15SU Dbre¢tor Tru$l•• The DireL*£>rs of Ihe chath3ble ¢￿pany￿re Ils f￿1he purwws ol charty law. Accountants YtB Lirr*li8d Th8 Courtyard 42C Lcw Street she[bu￿*n-Elrn01 Leeds LS25 R8A Tw5t88s a￿ reSpc￿S1bIo for keepirvJ prow a¢￿*Jn￿ThJ reoxd? Ihat th'5d05è reason￿￿e a¢ctsracy at any bme the Rnancial posib¢n of the eha".ily and lo enaNe them w ènsure that Ihe financial 51alemeiits Com￿Y wiln Ihe Cofftpan¥es Act 20(h). The Trustee is also resp)nsibl8 ltsrsafeguarding Ihe 2ssets of the ch8rity and heft￿ laking ￿asonable Steps ILY Ihtr preven￿ and d81ecuon of fraud and Olher irregtAart•es. The above re￿rt has beerb prepared ￿ ¥¢¢ordance wilh prov15K￿ apk4itsNe to ¢￿panIa5 svbj8Ct to the small companies regime 85 591 LWJt ￿ Part 15 dthe Compani85 Act 20¢% and in 8¢£Orda￿ wth the ch￿1￿9$ SORP IFRS 1021. Signéd on ieh811 of tha board J.2c R. La$sty Chairman (Tnsteel Date ACTOR'S WORKSHOP YOUTH THEATRE INDEPENDENT EXAMINERS. REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS We report to the charity trustee5 on our examination of the accounts of Actors Workshop Youth The￿￿ for the year ended 31 August 2025 which ¢omprise the Statement of Financial Acttvities, the Summary Incorne and Expenditure Account, the Balan￿ Sheet. the Stalement of Cash Flows and the related notes. Responsibilities and basi5 of report A5 the trustees13nd also directors for the purFx>se5 of company lawl you are respL)nsible for the preparation of the accounts in aGGordance wth the requirements ol the Companies Act 2006_ Our examination was carried out in accordance with the General Dire¢tions given by the Charity Commissioners. An eXa￿inatIon includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also Includes consideration of any unusual items or disclosures in the accounts. arkd the seeking c¥f explanations from you as trustees concerning any su¢h matters. The proceedures undertaken do not provide all the eviden￿ that would be required in an audrt and, on5equenUy, we do not express an audrt opinion on the Mew gNen by the accounts. Having satisfied ourselves that the accounts of the charity are not required to be auditeil under Part 16 of the Companies Act 2006 and are eligible lor independent èxamination. we ieport in respect of our examination of your charity'5 accounts as carried out under section 145 of the Charitses Act 2011. In carryin9 Out our examination we have followed the Directions given by the Chatty Commission under section 14515llbl of the Charities AGI 2011. Independent examinerfs statemont These accounts have been prepared from the accotJnlin9 records. infomiab.on and explanations provided lo us. We have completed our examination and can confimi that no Mat￿la1 matters have come lo our attention in connection with thè examination gtving us cause to believe that.. . accounting re¢ords were not kept in accordance with section 386 of the Companies Act 2006.. or . the accoun15 do not accord those tecords.. or . the accounts do not comply wrth the ac¢xTrunling requwements under section 39S of the Companies Act 2008 other than any requirement that the accounts give a Irue and faif view which is not a matter considered as part of an independent examinalior*', or . the accounts have not been prepared in aCCOTdan¢e with the Charrties SORP {FRS 1021. We have no conGerns and have come across no other matter5 in connection the examination to which attention should be drawn in this report in order to enable a proper understanding of the a¢￿untS tts be ￿aChed. YTB Limited The Coutyard 42C Low Street Shert)um-in-Elmel Leeds LS25 6BA ACTOR'S WORKSHOP YOUTH THEATRE BALANCE SHEET AS AT 31 AUGUST 2025 2025 2024 Fixed Assets Tkngible knets 259.656 259.656 Curront Assets Cash al Bank and Sn Hand Sioek Debtors and Pre-PayTnents 133 250 3.242 181 250 3.152 3,625 Cr8ditor5= Amounts falling due wthift orp >tar 2.840 68,436 Net Current Assèts I fLiabilitSesl S9.215 164,8531 Total Assets less Current Llabllities 2C￿,447 194.803 creditors: Amounts faling due aftL¥ m￿e or* 200.IXIO 200,000 Net Assets 441 5,197 Funds General Purpose Fun*Y 441 5.197 441 5,197 . These accounts have b8en p￿pa￿d ui aerfjrdance wAth lh8 spe081 prowsiorts of Part 15 of lh& C(Impanies Acl 2006 ￿lating to small companie5. For the year enced 31 August 2025 the company was entrued to ￿eMPkn Lmder so￿￿ 4n of the Companies Act 2(M)6 relating to smsll compantes. The members have noi required Ihe company lo obtain an aLKlit in accutsncè with section 476 of the Corllpanies Act 2W6. The dir8Ctois acknowledge th&r T￿POnSi￿1rtieS for Com￿y1n9 v*th thè requirements of ts Compansès Ael 2006 with respect lo accounting records and the prepardtion of accounts. Approved by the boafd and svned on ILS behall by: R. Lassey Chaimart (Truslee) ACTOR'S WORKSHOP YOUTH THEATRE STATEMENT OF FINANCIAL ACTIVITIES AS AT 31 AUGUST 2025 2025 2024 In¢ome Production Income Covenants and Gift General Donations AFK Donation Fees General Grants General Sponsorships Premises Rental Other Sales and Fund Raising 12.330 13.155 1.673 1,105 1.370 10,000 250 500 8.369 8.796 11.301 4.275 1,300 870 7,300 1,920 5,118 Total Income 48,752 40,880 Expgnditure Directorial servI￿s Production Costs Stock Movement Other Sales Costs Adminislralive & Development Services Rates, Light. Heal and Water Insurance Repairs, Renewals and Maintenance Leased Equipment Printing, Postage and Stationery Telephone Subscriptions Marketing and PUbl￿lty Travelling Expenses General Administration Legal and Professional Fees Halifax BID Depreciation on IT Equipment Bank Charges and Inteiesl 1.018 1,442 6.120 12.000 3.821 3.988 3.521 199 5,236 1.687 4,128 8,280 18,979 3,486 3,483 3,713 2,562 1,694 1,138 1,077 3Y 158 1,740 307 1.688 2.389 2,515 Total Expenditure 43.114 53,296 Net IncomellExpenditurel for the Year 5,638 12.416 Fund Balances Brought Forward 5,197 7,219 Fund Balances Carried Forward 441 5,197 ACTOR'S WORKSHOP YOUTH THEATRE NOTES TO THE ACCOUNTS AS AT 31 AUGUST 2025 1 Accountlng policies Basis of preparation The financial statements have been prepared in accordan¢e wth Accounting and Reporting by Charib'es". Slalemenl of Recommended Practice applicabte to ¢harilies prtparing their accounls in aecord8nce wth the Financial Reporting Standard applicable in the UK and Rèpublie of ITeland IFRS 1021 leffeclive 1 January 20151- ICharib"es SORP IFRS 1021), the Financial Reporbng Stsndard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 20C6. Change in basis of accourating or to prevlous accounts There has been ￿ change lo the accounling policies (valuation rule5 & method of accounting) since last year and no changes have been made lo a¢Gounts for previous years. Fund accounting Unrestricted funds- These are available for use at the discretion of the trustees in furtherance of the general objects of the charity- Dèsignated fund$ - These are unreslricted funds eam)arked by the trustees for parbcular purposes. Revaluation funds - These are unrestrtcted fvnds which I￿l￿de a revaluation reserve pre5enling the restatement of investsnent assets al their market values. Restricted funds- These are available for use subject to restn"ctions imposed by the donor or through lemis of an appeal. Incom¥ Re¢oynitFOn of InGome- Income is incyudert in the Statement ol Financial Acts"vities ISoFA} when the charity becomes entitled lo. and wrtually certain lo receive. the income and the amount of the income can be measured wth sufficient reliability- Income with related expenditure- Where income has related expenditure the income and related expenditure is reported gross in the SOFA. Donations and legacies - Voluntary income received by way of grants. donations and gifts is included in the the SOFA when re¢eivable and only when the Charity has unconditional enlillement to the income. Tax reclaims on donatlOWls and gifts- Income from tax reclaim5 is included in the SOFA al the same time as the giftldonalion to vthich it relates. Donated StrrviGes and Facilities - These are only included in income Iwrth an equivalent amount in expenditure) whefe the benefit to the Charity is reas￿ablY quantifiable, measurable and material. Volunteer help- The value of any volunteer help received is not included in the accounts. Investment income- This is irkcluded in the accounts when receivable. Cainllloss¢$l on revaluation of fixed assets- Thi¥ inGludes any gatn or loss resulting from revaluing investment5 to market value al the end of the year. Gainslllossosl on investment assets- This includes any gainlloss on the Sale of investments. Expenditure Recognition of expenditure- ExpenditLtre is recognised on an accruals basis_ Expenditure includes any VAT which cannot be fulty recovered. and is repr￿ed as part of the expenditure to which il relates. Expendtture on raislng funds - These ¢omwse the costs associated wilh attracting voluntary income, fundraising, trading costs and investment management costs. Expenditure on charitsble activities- These comprise the Costs incurred by the Charity in the delivery of ils activities and seryices in the furtherance of ils objects, includxng the makiTrJ of grants and govemanGe costs. Grants payable- All grant expenditijre is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees al the end of the year but not yet paid. Governance costs - These incllrde those costs assoctaled with meeting the constitutional and Statutory requirements of the Charity. including any audtttindependent èxamination fees, costs linked lo the strategic management of the Charity. tOgether￿th a share of other administrative GOSts. Other expendItu￿- These are suppcKt costs nol all￿ated to a parb"cular activity. Taxatlon The charity is exempl from corporation tax on its Charitable a¢tivib"es. Tangible fixed assets and depreciation Depreciation is provided at the followng annual rates in order to WTite off each asset over its estimated useful lrfe". IT Equipment 25% Str8igtrrt lina Freehold Investment property Investment properties are measured Enits"ally at cost and subsequenuy at fair value at each balance sheet date and are not deprecsaied. AJI gains or losses a￿ taken to the Statement of Financial Activities as they arise. Stocks Stock is induded al the lower of ¢osl or net realisable value. Donated ilerns of stock are recognised at fair value which is the amount the charity would have been w&lling lo pay tor the item5 on the open market. Trade and other dèbtors Trade and other debtors a￿ recognised at the setlemenl amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equwalenls comprise cash at bank and on hand. demand deposits with banks and other short-term highly liquid investments wth original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdraft5 are shown within borrowings or current liabilities. In the Statement of Cash Flows. cash and cash equivalents are shown nel of bank overdrafts that are ￿paYable on demand and fom7 an integral part of the company's cash management Trade and other creditors Short term Gredilors are measured at the transaction priGe. Oiher creditors and provisions afe recognised where the charity has a present obligation resulting from a past event that wi51 probably result in the transfer of fvnds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Rèsearch and development Expenditure on research and development is written off in Ihe year in which it 15 Incurred. Forelgn cur￿ncle5 Monetary assets and liabilities denominated in currencies other than the functs'onal currency of the charity are tianslated at the rates of exGhange prevailing at the end of the reporting period. TransaGtions in currencies other than the functional ¢urrenGy of the charity are reGorded al the rale of exchange on the dale that the transaction OGcurred. All exchange dIffe￿nCeS are are taken into account in arriving at net incomelexpenditure. Leased assets Where the charity enters Into a lease which entails taking subslanlially all the risks and rewards ol ownership of an asset. the lease is treated as 8 finance lease. Leases which do not transfer substanb.ally all the risks and rewards of ownership to charity ar8 classified as operating leases. Assets held under finance leases are initially re¢(NJnised a5 assets of the charty at their fair value al the inception of the lease or. if lower. at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet dale as a fin3nGe lease obligation. Lease payments are apportioned beMeen finance expenses aryj ieducb'on of the lease obligation so as lo achievè a constant rate of interest on the remaining balance of the liability. Finan¢e expenses are recognised immeiliately, unless they are directly attributable lo qualifying assets, in which case Ihey are capitslised in acwdance Trmth the charity's policy on borrowing cost5. Assets held under finan￿ leases a￿ iJepreuated in the same way as ovmed assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incenb.ves are Teceived to enter into operating lèases, such incentives are recognised as a liability. The aggregate benefit ol incentives is recognised as a reduction of rental expense on a slraight-line basis. Pension costs The charity operates a defined cothbution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Onee the contributions have been paid the company has no further payments obligabons. The conlribut.ons are recognised as expenses whèn they fall due. ArnoLtnts not paid are shown in accruals in the balance sheet. The 8sset5 of the plan are held separately from the company in independenuy administered funds. Receipt of donated goods. fa¢ilities and services All donaled goods, faGilities and setViGes received are re￿nised ￿thin incoming resources and expendituie at an estimate of the value lo the chanty. 2 Tangible fixèd a$$ets T4rt•1 Cost Al 1 September 2024 Additions Disposals1W￿t￿OffS Al 31 August 2025 216.795 42.861 260.497 216.795 42.861 260,497 Depreciation At 1 September 2024 Charge for the year Al 31 August 2025 Net Book Value At 31 August 2025 216.795 42.861 259,656 Al 1 September 2024 216,795 42.861 259.656 3 Cash at bank and In hand 2025 2024 Cash in han Bank account no.2 60 73 50 131 133 181 4 Stock 2025 2024 Bar stock 250 250 250 25 Debtors 2025 2024 Trade debtors Gift aid tsx refund 3.242 3.152 3.242 3,152 6 Creditors: Amounts falling due within one year 2025 2024 Trade creditor5 and accruals Other creditors and accruals Other loans Current ac￿nt no.1 overdraft 16.536 27.715 5,880 12.709 19,646 29,225 5.700 13.865 62.840 68,436 7 Creditors: Amounts falling due after more than one year 2024 2024 Non-intere5t bearing PrO￿rtY loan is cfily Tepayable to The Community Foundation upon the earliest of..- al The cessation of The Actorfs Workshop -or- bl The sale of 7-9 Sl James Street, Halifax 200,000 200,000 8 TrustÈe'5 remuneratlon ND remuneration directty or indirectty out of the furKts of the charrty was paid or payable for the year lo any of the charities govemor5.