## **CHAIRMANS REPORT** The Last Year 23-24 has been a Rollercoaster of a year for us. We have had an ever improving range of groups a@ending the theatre including those of old and new groups. Audiences appear to have now go@en over the fear of Covid in venues and are a@ending in large numbers to see performances across the year, with mulEple sell out performances from pantos to musicals plays and more. there that we are sEll open. Budgets appear Eght for audiences and they appear to be booking performances, but at the very last minute rather than booking in advance a lot of groups are noEcing this and feeling the pinch right up unEl the mark of their producEon. There’s been a mixture of posiEve feedback and negaEve in relaEon to the two day weekend. However we have seen an increase in groups requesEng a single day hire expecEng to come in and run a dress rehearsal and show on their first day of hire, educaEng groups is interesEng as most groups think we have all in house tech then can just turn up to and use which is not the case. Whilst gas and electric prices are higher than a few years back we are averaging out a steady price compared to previous years of excess pricing, I am currently reviewing the cost to Ee us into a compeEEve price for the next few years. This year we lost another consEtuent body Artsync, this is a very sad Eme for the theatre as we are geHng slimmer in commi@ee members by the minute, we have reviewed ways in which to increase the number of commi@ee members, but this is not an easy fix and may take several years to get us back to a stable posiEon, in the meanEme we are looking at a temporary measure to maintain numbers on the commi@ee. During this year we have also lost our Vice President Cavan Slate, who is a huge loss to the theatre and the north west theatre industry. He will be sadly missed, but not forgo@en and shall always remain a huge part in the history of Hyde FesEval Theatre. We have agreed to support one of our long standing commi@ee members Hyde Musical Society with a further year of their bar and profits towards their future producEons, based on a loss on their producEon this year of Jekyll and Hyde, which was a great show just not enough bums on seats. Showstoppers theatre group have made use of the space upstairs in line with their murder mysteries which again were sell out performances and have increased their audience capacity on their other producEons throughout the year which is great. CongratulaEons on a pre@y much sold out pantomime season for sparks, showstoppers and TYDG again bringing affordable theatre to the communiEes of Tameside and walking away with mulEple awards at the Act awards. The youth council is now well established and in place at the theatre and when meeEngs are taking place there is excellent engagement and parEcipaEon from individuals willing to support and make changes to the theatre. The youth council conducted their fundraiser of the seven day play which was hugely successful thanks to the support from commi@ee. Again we a play in a day was also ran at the theatre as a fundraiser hosted by sparks raising a large amount of money towards the theatre which is a great annual fundraiser, may this conEnue each year. Fundraising for the theatre has improved with groups conducEng karaoke events, 12 hour non stop singing and other fundraisers which is a great improvement on last year, we sEll need to push further on this where possible from sone groups. We have had great support from our president this year as well in fundraising and I am really happy with the work and commitment he has towards the Hyde FesEval Theatre. Our volunteer scheme is now working amazingly with more individuals wishing to join the programme and support the theatre, we had to asses some of those on the programme who were unable to commit and this has lowered our numbers slightly however we are looking to increase these again in the coming months. We have had some great grant bids this year with the new chairs, addiEonal security measures and our wonderful BIGG Bar which has been a huge success so far, and has had so much posiEve feedback in the short Eme it has been in, the main test will be panto season, lets watch this space. I would like to say a massive thank you to the sparks cleaning team, now Kelly has a new full Eme job the cleaning is now split between several individuals and this appears to be working well, following some iniEal snags we now have a great working team in place. I would like to thank to the commi@ee for their support over the last year and also the limited company for their ongoing support in trusEng us with the building and ideas to help modernise whilst keeping the tradiEonal aspect of Hyde FesEval Theatre. I do feel there has been a lapse this year in relaEon to overall maintenance and support from people compared to previous years and this need to be reviewed moving forward, to ensure the building remains to thrive at its current level. to the standard it does, from safeguarding and health and safety, Jayne, to administraEon of everything amongst a million other things, Steve, then to the accounts and quesEons around bills and managing spending, Clare. MarkeEng has made a massive improvement over the last 12 months thanks to Jem our new markeEng officer who has made such a difference in our posiEon within the community and finally to my vice chair who plays a key role in my support on a day to day basis, MarEn. Thank you again for your support. Daniel Oliver-Grant Theatre Chairman 2019-Present HYDE FESTIVAL COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 525909 ACCOUNTS FOR THE YEAR ENDED TH 30 JUNE 2024 HYDE FESTIVAL COMM ITY ASSOCIATION CORPORATION STREET HYDE YEAR ENDED 30TH JUNE 2024 INDEX Page Independent Examiners Report Income and Expenditure Account Balance Sheet 3&4 tNDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF HYDE FESTIV AL COMMUNITY ASSOCIATION We have reviewed the financial statements for th¢ year ended 30 June 2024 sel out on pages 2 to 4 which have been prepared under the historical cost ¢onvenlion and we report on the accounts as follows.. - RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXALVIINER The charity's trustees are responsible for the preparation of ihe accounts. The charity's trustees consider that an audit is not required for this year und¢r section l44(2) of the Charitics Act 2011 (the 201 l Act)) and that all independent examination is needed. It is our responsibility to: examine the accounts under section 145 of the 2011 Act to follow the procedure laid down in th¢ general Directions given by the Charity Commissions (under section 145(5)(b) of the 2011 Act. and to state wh¢th¢r particular matter5 have Come to our attention BASIS OF INDEPENDENT EXAMINER'S STATEMENT Our examination was carried out in ac¢ordance with General Directions given by th¢ Charity Commission. An ¢xamination includes a review of th¢ 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 and seeking explanation from th¢ trustees concerning any such matters. The procedures undertaken do not provid¢ all the evidence that would be required in an audit, and consequently no opinion is given as to whether the a¢¢ounls present a 'true and fair, view and the report is limited to Ihose matters set out in the statement below. INDEPENDENT EXAMINERS STATEMENT In wnne¢tion with our exatnination. no matter has come to our attention (l) which gives u8 reasollable cause to believe that in any material respect the trustees have not met the requiremenls to ensure that.. proper accounting records are kept (in accordance with section 130 of the 2011 Act): and a¢counls are prepared which accord with the accounting records and comply with the accounting requiremenls of the 201 l Act. (2) to which. in our be reached. ion, attention should be drawn in order to enable aproper understanding of theaccountsto J(Raf Lc, S¢ott Robert8 Taylor & Co Accountants and Registered Auditors Central Buildings 517 Corporation Street Hyde Cheshire SK14 IAG Date- Pagg I HYDE FESTIVAL COMMifNITY A IATI N CORPORA TION STREET HYDE STATEMENT OF INCOME AND EXPENDITURE ACCOUNT TO 30TH JUNE 2024 2023 2024 INCOME 16,672 6,366 1,750 2,340 9,647 1,671 200 Hire of Theatre Resale of Electricity and Gas Subscriptions and PRS Recharges Fund Raising & Donations Other Grants Released Sundry Incotn¢ Programme Adverts Coronation event, Eurovision event. Matilda singalong and karaoke ti¢kets (net of costs) Cinema Ti¢kets and Snacks 24,069 6,629 1.220 2,178 7,919 1,558 12,040 1,227 762 50,686 45,562 INCOME FROM BAR {77) 37,949 Decrease/lncrea5e in Stock Bar Sales Bar Membership Sales Less: Bar Purchases and SurEdries (incl. other) Bar Profils 2,637 43,842 276 16,246 16.385 XPENDITU 15,018 200 2,200 4.780 Gas, Electricity, Fuel, Oil & Water Rent Rates & Refuse Insurance Training Cleaner and Caretaker Cleaning & Mainlenance Cleaning & Maintenance Repairs & Renewals HonoraTiums & Administration Expenses Subscriptions, Licences & PRS Audit, A¢counlancy & Payroll Telephone Stationery & Advertising Vending Machine Supplies & Tokens Siripe fees PayPal f¢¢s Sundry Depreciation 13,831 2,306 4.605 6,270 1,039 21,832 2,956 1,854 240 563 381 625 110 144 2.205 7,037 1,062 15.705 2.537 2,150 72 755 657 176 169 566 270 Transfer to ReserYe5- (Deficit) for the year Page 2 HYDE FESTIV AL COMMUNITY ASSOCIATION CORPORATION STREET HYDE BALANCE SHEET AS AT 30TH JUNE 2024 NET ASSETS OF THE ASSOCIATION 2023 2024 FIXED ASSETS 1,534 Lighting & Sound Equipm¢nt (n¢1 of dep'n and grants) Other Assets (net of depreciation and grants) 1,949 21,537 31,4S2 CURRENT ASSETS 18,430 Cash at Bank and in Hand Stock 25,265 20,039 29,511 2,377 753 Debtors incl. Accrued Income Amounts paid in Advanc¢ 1,912 3,130 1.912 LESS 798 Creditors (including Wages & PAYE￿IC) Deposits & Shows income paid in Adv8nce 1,976 Page 3 HYDE FESTIVAL COM ITY A CIATION CORPORATION STREET HYDE BALANCE SHEET AS AT 30TH JtfNE 2024 CONTfNUED REPRE ENTED BY:. 2023 2024 REVENUE RESERVES 31,681 Balance as at Isi July 2023 30,613 18,071 Granls received and brought forward 34,920 Le5s.' Deficit for the year 48,685 63,728 Grants expended in the year Balance as at 30th June 2024 We approve these accounts setout on page 2 to 4 and ¢onfirm thal we have made available all relevantrecord5 and information for their preparation. Mr D Oliver- Grant CHAIRMAN Ms C Paseoe TREASURER Date.. 6 o&Jer2oIF Page 4 HYDE FESTIVAL COMMUNITY ASSOCIATION REGISTERED CHARITY NO. 525909 ACCOUNTS FOR THE YEAR ENDED TH 30 JUNE 2024 HYDE FESTIVAL COMM ITY ASSOCIATION CORPORATION STREET HYDE YEAR ENDED 30TH JUNE 2024 INDEX Page Independent Examiners Report Income and Expenditure Account Balance Sheet 3&4 tNDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF HYDE FESTIV AL COMMUNITY ASSOCIATION We have reviewed the financial statements for th¢ year ended 30 June 2024 sel out on pages 2 to 4 which have been prepared under the historical cost ¢onvenlion and we report on the accounts as follows.. - RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXALVIINER The charity's trustees are responsible for the preparation of ihe accounts. The charity's trustees consider that an audit is not required for this year und¢r section l44(2) of the Charitics Act 2011 (the 201 l Act)) and that all independent examination is needed. It is our responsibility to: examine the accounts under section 145 of the 2011 Act to follow the procedure laid down in th¢ general Directions given by the Charity Commissions (under section 145(5)(b) of the 2011 Act. and to state wh¢th¢r particular matter5 have Come to our attention BASIS OF INDEPENDENT EXAMINER'S STATEMENT Our examination was carried out in ac¢ordance with General Directions given by th¢ Charity Commission. An ¢xamination includes a review of th¢ 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 and seeking explanation from th¢ trustees concerning any such matters. The procedures undertaken do not provid¢ all the evidence that would be required in an audit, and consequently no opinion is given as to whether the a¢¢ounls present a 'true and fair, view and the report is limited to Ihose matters set out in the statement below. INDEPENDENT EXAMINERS STATEMENT In wnne¢tion with our exatnination. no matter has come to our attention (l) which gives u8 reasollable cause to believe that in any material respect the trustees have not met the requiremenls to ensure that.. proper accounting records are kept (in accordance with section 130 of the 2011 Act): and a¢counls are prepared which accord with the accounting records and comply with the accounting requiremenls of the 201 l Act. (2) to which. in our be reached. ion, attention should be drawn in order to enable aproper understanding of theaccountsto J(Raf Lc, S¢ott Robert8 Taylor & Co Accountants and Registered Auditors Central Buildings 517 Corporation Street Hyde Cheshire SK14 IAG Date- Pagg I HYDE FESTIVAL COMMifNITY A IATI N CORPORA TION STREET HYDE STATEMENT OF INCOME AND EXPENDITURE ACCOUNT TO 30TH JUNE 2024 2023 2024 INCOME 16,672 6,366 1,750 2,340 9,647 1,671 200 Hire of Theatre Resale of Electricity and Gas Subscriptions and PRS Recharges Fund Raising & Donations Other Grants Released Sundry Incotn¢ Programme Adverts Coronation event, Eurovision event. Matilda singalong and karaoke ti¢kets (net of costs) Cinema Ti¢kets and Snacks 24,069 6,629 1.220 2,178 7,919 1,558 12,040 1,227 762 50,686 45,562 INCOME FROM BAR {77) 37,949 Decrease/lncrea5e in Stock Bar Sales Bar Membership Sales Less: Bar Purchases and SurEdries (incl. other) Bar Profils 2,637 43,842 276 16,246 16.385 XPENDITU 15,018 200 2,200 4.780 Gas, Electricity, Fuel, Oil & Water Rent Rates & Refuse Insurance Training Cleaner and Caretaker Cleaning & Mainlenance Cleaning & Maintenance Repairs & Renewals HonoraTiums & Administration Expenses Subscriptions, Licences & PRS Audit, A¢counlancy & Payroll Telephone Stationery & Advertising Vending Machine Supplies & Tokens Siripe fees PayPal f¢¢s Sundry Depreciation 13,831 2,306 4.605 6,270 1,039 21,832 2,956 1,854 240 563 381 625 110 144 2.205 7,037 1,062 15.705 2.537 2,150 72 755 657 176 169 566 270 Transfer to ReserYe5- (Deficit) for the year Page 2 HYDE FESTIV AL COMMUNITY ASSOCIATION CORPORATION STREET HYDE BALANCE SHEET AS AT 30TH JUNE 2024 NET ASSETS OF THE ASSOCIATION 2023 2024 FIXED ASSETS 1,534 Lighting & Sound Equipm¢nt (n¢1 of dep'n and grants) Other Assets (net of depreciation and grants) 1,949 21,537 31,4S2 CURRENT ASSETS 18,430 Cash at Bank and in Hand Stock 25,265 20,039 29,511 2,377 753 Debtors incl. Accrued Income Amounts paid in Advanc¢ 1,912 3,130 1.912 LESS 798 Creditors (including Wages & PAYE￿IC) Deposits & Shows income paid in Adv8nce 1,976 Page 3 HYDE FESTIVAL COM ITY A CIATION CORPORATION STREET HYDE BALANCE SHEET AS AT 30TH JtfNE 2024 CONTfNUED REPRE ENTED BY:. 2023 2024 REVENUE RESERVES 31,681 Balance as at Isi July 2023 30,613 18,071 Granls received and brought forward 34,920 Le5s.' Deficit for the year 48,685 63,728 Grants expended in the year Balance as at 30th June 2024 We approve these accounts setout on page 2 to 4 and ¢onfirm thal we have made available all relevantrecord5 and information for their preparation. Mr D Oliver- Grant CHAIRMAN Ms C Paseoe TREASURER Date.. 6 o&Jer2oIF Page 4