Company No. N1037481 Sole Purpose (Company Llmlted by Guarantee) Aeeount$ for the year ended 31 March 2024
Sole Purpose Contents Page Inforination Dire¢tors' report Independeiits exaininers, report Stateiiient of financial activities Balance shcct Notes to the accounts 10-14
Sole Purpose Information Accountants McGroarty Mccaffety & Company Ltd Accountants & Tax Consultants 2 Carlisle Terrace Derry BT48 6JX Company Numbor N1037481 Charlty Number XR 32282 NIC100618 Bankers Bank of Ireland 27 Culmore Road Derry BT48 8JB Directors John Joscph Philip McQuaide Lisa Fitzpatrick Ann Marie Thompson Elly Omondi Odhiambo Cath¢rine McBride Appointed 5th June 2024 Secretary Lisa Fitzpatrick Jolin Josepli Philip McQuaid¢ Appointed 8th December 2023 Resigned 8th December 2023 Registered Office Tlie Playllouse 5-7 Artillery Street Derry BT48 6RG Page I
Sole Purpose Directors, report for the year ended 31 March 2024 Tlie directors present tlieir report and the financial statements for the year ended 31 March 2024. Prlnclpal activity Th¢ principal activity of tl)e company is to advance the education of the public in the arts and sciences, by the preseiitatioii of moveireiit, draina, theatre performances and other activities. Objeetivos and activEtles Sole Purpose is a professional theatre company based in Derry/Londonderry. We Iiave been creating high quality, ii)novative tliealre 011 social and public issues since 1997 and liave toured througliout Ireland and tl)e UK. We liave also takcn productions to the USA. W¢ produce new work for tlieatre and iioii-tlieatre venues, working in partiiersliip witli statutory and voluntary organisations to bring professional tlieatre to working class and marginalised coininuiiities, as well as touring theatres. Our repertoire includes plays wliicli look at the issues of elder abuse, domestic violence, the etlinic minority experience iii Nortliern Ireland, underage drinking, issues affecting the LGBT comInunity, mental liealtli and otlier themes. We also run draina related workshops and writiiig workshops for people from all walks of life, to encourage Greativity, build confidence and equip people willi skills enabling them to pursue careers. Our work has taken place in coininunity centre5, care lioines, hospitals, scliools, colleges, women's aid centres, prison5 and tlieatres. The people wlio benefit from our work are diverse. Tlie many productions tliat we have developed target different audienccs young people, parents, teachers and carers, womeii, ethnic minority groups, working class communiti¢s, older people and tlieir fainilies, nurses, social ivorkers, students, LGBT people, their friends and families, coinniuiiity workers and Ilie mainstream audience. Our most recent paly, Blinkered by Patricia Byrne, wliich explores issues of suioide and mental health, has been touring schools and colleges since 2016. It has lielped nuinerous young people to tackle their own mental health issues. In 2019 Sole Purpose won the Special Jury Prize at Origin Theatre's I st Irish Folk Festival in New York for bringing theatre on difficult social issues to non tliealre spaces. In 2014 the company woii tlie Eva Gorc Bootli Award at tlie Iiiternational Dublin Gay Theatre Festival for Life aiid Love: Lesbian Style by Hilary Mccollum. Sole Purpose is working with Syrian refugees, using theatre to asist with learning Englisli and iiilergration. Publlc bencfit Our purpose is to advance the cducation of the public in the arts and sciences, in particular the art and science of movement, drama and theatre performanc¢s by the presentation of drama, movement, theatre perfonnances and other activities for charitable purposes, througliout Ireland and the UK. We believe that the purposes of our cliarity satisfy the public benefit requireinent. There are five direct bcnefits that flow froin this purpose. They are: l) Promotion and growth of individual and collective knowledge and understanding of 5p¢cifi¢ issues througli our work. The subjects of our work are issue based and many pieces have been used by organisaiions such as schools and health car¢ ageiicies as a In¢ans of further ¢du¢ating their pupils15tafYon the subject, eg. our play on abusive relationsliips ainong young people ha5 toured for three years to secondary schools and youtli centres raising awareness on tljese issues. 2) Development of individual capabilities and sk-ills through creative education. Wc run scriptwriting workshops where we develop tlie creative writing and scriptwriting skills of ncw, emerging and establTshed writers. We Nvork witli aspiring aclors, developing their acting skills and giviiig tliem the confidence to take thcse skills furtl)er. We run Theatre Labs for people with a disability andlor a mental health condition. Page 2
Sole Purpose Directors, report for the year ended 31 March 2024 continued 3) Increase the Inental and physical wellbeing of the people who see our productions by stagiiig plays which address subjects related to mental and pliysical healtli, including work on underage drinking, domestic violence, relationship abuse aiiiong young people, elder abuse and human trafficking. In 2016, 2017 and 2019 we staged Blinkered, a play oli mental liealth and suicide which toured secondary scliools and colleges tlirougliout Nortlicm and Southern Ireland. 4) Advanccment of huinan rights and proinotion of equality and diversity. Our work with the local LGBT cominunity has helped to incorporate this Inarginalised community in tlie cultural life of the City, celebrated diversity and has broken down barriers. Our plays on human traificking, elder and domestic abuse, and tlie immigrant experience in Nortliern Ireland lias promoted understanding, educated the audience in these issues and raised awareness of huinan rights violation5. W¢ staged Slie Wants to be a What? by Berni Kerr in Noveinber 2018, whicl) explored transgender issues. We brought tlie play into local Nationalist and Unionist ¢ominumiiy venues. 5) Develop a sense of coiiiinuiiily. Our work is shown in many community settings including schools, hospitals, libraries and coiiiiiiunity eentres not jusl theatres. We work with marginalised groups to reduce social isolatioii. We encourage participation and raise awareness of issues important to building strong and confident communities. The benefit can be deinonstrated by referring to evaluations received from audiences wlio see our work, ilie feedback we receive from our audience, public reviews, partnership organisations we work with and promoters of the work and also by the demand for our services from local community organisations. Th¢ bcnefits can also be demonstrated by looking at the scripts created as a result of our workshops and seeing tlie actors on stage and in DVD/ digital recordings of our work. Tliere is no harm flowing froin oiir purposes. Our ben¢ficiari¢5 ar¢ the audieii¢¢s who coine to see our perfomiances, tlie participants in our workshops, the actors and productioii crew wlio take part iii our perforinaiices aiid the marginalised and mistreated sections of our commuiiily for whoin we strive to proinote greater awareness and understanding. The only private benefit tlial Inay arise as a result of our work is Iliat Ilie professional actors and production staff may gain experience of working li) different veiiues and witli different audiences, making contacts wliich may be useful to their furtlier eiiiployixent. This bei)efit is in¢ideiital and necessary to eiisure the benefits are provided to our beneficiaries. Dlrectors The directors wlio served during the year are as stated below: Jolin Joseph Philip McQuaide Lisa fitzpatrick Anti Marie Thoinpson Elly Omondi Odhiambo Catherine McBride Appointed 5th June 2024 Page 3
Sole Purpose Directors, report ror the year ended 31 March 2024 , continued Directors Respobsibilities The directon% of Sole Purpose for the purposes of company law are responsible for preparing the Directors, Annual R¢port and tlie financial statem¢nls in accord1ce with applicable law and United I<ingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the directors to prepare financial statements that give a true and fair view of the state of af.fairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements, the directors are required to: select i•Uituble accounting policies and apply them consistently; observe rnethods and principles in the Charities SORP 2019 (FRS102); make judgements and estimates that are reasonable and prudent; state whether applicable UIC Accounting Standards have been followed, subject to any rnaterial departures disclosed and explained in the Fmancial statemenis; prep(we the financial si(Ilemenls on thc gomg concern b£LSiS unless it is iiiappropriate to pTrsume that the company will continue in business. The directors are responsible for maintaining proper accounting records which Ih'sclose wlth reasonable ccuracy at time the financial posilion of the chority kd enables them lo cnsure that the fAn1Cial statements comply with the ColnpleS Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reOnable sleps lor the prevention and deteclion of fraud and other irregularities. In so far as the directors &we aware: th¢r¢ is no rel¢vant llrfornution of which the charitable company's independent examiner is unaware; and the directors have taken all steps that they ought to have ti&en to rn&ke themselves aware of any relevant information and to establish that the independent examiner is aware of that information. Thi5 report 15 prep}w in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. A resolution will be prosed at the Annu General Meeting the McGroaty, Mccafferty & Company Ltd be re-appointed as accountlt¥ for the cliariLy for the ensuing year. By order of the Board: Director tor Page 4
Sole Purpose Independent exan)iner's report on the unaudited financial statements to the of Sole Purposc We report on tlle accounts of tlie coinpany for the year ended 31 Marcli 2024, which are set out on pages 6 to 13. Respective responslbllltles of charlty dlrectors and examlner. As tlie cliarity direclors you are responsible for Ihe preparation of the accounts in accordance witli the requireinenls of tlie Coinpaiiies Act 2006. Having satisfied ourselves that tlie charity is not subject to audit under company law, and is eligible for independent exainination, it is our responsibility to; examine the accounts under section 65 of tlie Charities Act 2008; follow the procedures laid down in tlie geiieral directions given by the Charity Coinmission for Northern Ireland under section 65(9)(b) of tlie Charities Act 2008. slate whether particular Inatters liave coine to our atteiition. Basis of independent examlncr's report We have exainiiied your cliÈLriiy aecounls as required under section 65 of the Charities Act and our examination was carried oui in accordance with tlie general directions given by the Cliarity Commission for Northern Ircland uiider Sectioii 65(9)(b) of tlie Charities Act. The exainination included a review of the accounting records kept by the cliarity and a comparison of tlie accounts presented with those records. It also included a consideration of any unusual iteins or disclosures in the accounts, and seeking cxplanations from you as charity directors conceriiiiig aiiy sucli matters. Our role is to state wliether aiiy mat¢rial matt¢rs hav¢ ¢om¢ to our attention giviiig us cause to believe: tliat accounting records were not k¢pt in accordance with section 386 of the Coinpani¢s Act 2006; tliat Ilie accounts do not accord with tliose accounting records; tliat the accounts do not comply with the accounting requirements of the Section 396 of the Coinpanies Act 2006 and the mctliods and principlcs of the Cliaritics Statement of Recominendcd Practice applicable to charities preparing tlicir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ir¢laiid; that tliere is furtlier inforination needcd for proper undcrstanding. Independent examlner's statement We have completed our examination aiid have no concerns in respect of the matters listed above and, in connection with following the directioiis of the Charity Commission for Northern Ireland, we have found no Inatters tliat require drawiiig to your aitention. McGrollr Mcc ffe Accountants & Ta 2 Carlis Derry BT48 6JX Date: 10 December 2024 td sultunts rrace Page 5
Sole Purpose Statement of Financial Activities for th¢ year ended 31 Mar¢h 2024 Unrestrieted Funds Restri¢ted Funds 2024 2023 Incoine and Expcndlture Incoming Resources Grants Rcceived Sundry Income 73,507 73,507 16,744 70,843 4,896 16,744 Total Incoming Rosources 16,744 73,507 90,251 75,739 Resources Ci xpended Maiiagement & Administration Total Resource5 Expcnded 11,325 73,661 84,986 73,959 11,325 73,661 84,986 73,959 Net Incomfing / (Outgoing) Resources 5,419 (154) 5,265 1,780 Balanccs brouglit forward l April 2023 8,357 (576) 7,781 6,001 Balances carricd forward 31 March 2024 13,776 (730) 13,046 7,781 The above amounts relate to coiitiiiuing operations of the company. Tlie Company has no recognised gains and losses otljer tlian those included in tlie results above and therefore no separate stateinent of total recognised gain5 and losses has been presented. Tliere is no diffcrence between the net iiicoming resources for tlie ycar stated above and tlieir Iiistorical cost equivalenls. Page 6
Sole Purpose Balancc Sheet as at 31 March 2024 2024 2023 Notes Fixcd Asscts Tangible assets 456 456 Currcnt A¥sot$ Debtors and prepayiiients Cash at baiik and in liaiid 1,692 22,854 24,745 24,745 24,546 Current Liabilities Accruals and defcrred incoine 12,155 16,765 Net Current assets 12,590 7,781 Total Assets Less Current Liabilities 13,046 7,781 Capital Account Brouglit forward at l April 2023 Restricted fuiids Uiireslricted funds (730) 13,776 (576) 8,357 13,046 7,781 Page 7
Sole Purpose Balance Sheet (continued) for the year ended 31 March 2024 In approving these financial statements as directors of the cotnpany we hercby confinn: The company was entitled to exemption from audit under $477 of Companies Act 2006 relatAng to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying witli the requirements of the Companies Act 2006 with respect to &iccounting records preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS 102 SORP. The financial statemenis were approved and authorised for issue by the Board on and signed on its behalf by Dlrector ector RegisÉratio>n numbcr NK037481 Page 8
Sole Purpose Notes to Ihe accounts for the year ended 31 March 2024 Accounting policies The principal accounting policies adopted in tlie preparation of the financial statements are set out below and have remained unchanged froin tlie previous year, and also have been consistently applied witliiii tlje same accounts. Tlie financial statcmcnts are prepared in sterling, which is the functional ¢urKii¢y of Ilie entity. Accounting convention Tlie finaiicial statements have been prepared in accordance with Accounting and Reporting by Charities: Stateiiient of Recommended Practice applicable to charities preparing tlieir accounts in accordance willi tlie Financial Reportiiig Staiidard applicable in the UK and Republic of Irelai)d Cliarties SORP 2019 (FRS 102), Compaiiies Act 2006 and Cliarities Act (Northern Ireland) 2008. 1.2. Income (i) GrAnts Graiils represent all aniounts received and receivable duriiig Ilie year. Revenue grants are credited to the Statemciit of Financial Activitics in the year in wliich tliey are received. (li) Sundry Income This comprises ainounts r¢¢eived during tlie year. I xpendlture (i) Dlrect Charltable Expenditure This represeiits all e.xpenditure dircctly attributable to cliaritable uses. (li) Managmcnt & Admlnlstratlon Tliis includes all other expeiiditure not directly allocated above and a proportion of the overhead costs atlributable to Inaiiagmciit and administration. 1.3. Tangible tlxed assets and depreciation Depreciation is provided at ratcs calculated to write off the cost or valuation less residual value of each asset over its e,xpected useful life, follows: Fixtures, fittings aiid equipment 250/0 SÉraiglit Line Foreign currencies Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differeiices are taken to tlie Profit and Loss account.
Sole Purpose Notes to the accounts for the year ended 31 March 2024 Inconiing Resources Restricted Funds 2024 2023 Arts Council Noriliern Ireland Coininuiiity Relations Council Derry City & Strabaiie DC British Science Association Cominunity Foundation NI Halif&x Foundation Garfield Westoii Fouiidation Donatioiis restricted 35,833 38,031 4,285 4,800 15,227 4,000 4,500 27,230 5,444 5,000 73,507 70,843 Unrestricted Funds 2024 2023 Bo.x Office Otlier income Th¢atr¢ tax credit 4,437 5,387 6,920 1,213 3,683 l6,744 4,896 Total Income 90,251 75,739 Restricted Funds Funds received wliich are earniarked by tlie funder for specific purposes. Such purposes are within the overall aims of the organisatioii. Unrostricted Funds Funds which arc expendable at tlie discrction of tlie company in furtlierance of the aims of the charity. Iii additioii funds may be held in order to finance capital iiivestment aiid working capital. Page 10
Sole Purpose Notes to the accounts for the year ended 31 March 2024 Resources Expended Unrostricted Funds Restricted Funds Tot81 2024 Total 2023 ManagenieDt & Admiiiistration Rent Payable Insuraiice Coinputer Costs Travclliiig & Sub51Stence General Expeiises Printing, postage and stationery Advertising & Publicity rreelance Fees Project Costs Legal & Professioiial Fees Telephone & F Subscriptioiis Chciritable donatioiis Accountancy Bank Charges Profit/Loss 011 exchic nge Deprcciation 2,843 1,218 238 2,966 14 424 2,152 25,284 36,148 2,843 1,218 238 3,048 14 424 2,152 25,284 45,438 2,843 1,168 475 7,302 82 208 1,718 25,110 32,691 9,290 952 312 952 312 1,675 960 278 (2) 152 913 156 1,675 960 973 284 278 (2) 152 116 11,325 73,661 84,986 73,959 Taxation No charge to taxation is due as thc company lias cliaritable status. Page 11
Sole Purpose Notes to the accounts for tlie year ended 31 March 2024 Tangible US¥•et$ Equipment Total Cost At l April 2023 Additions 990 608 990 608 At 31 Marcli 2024 1,598 1,598 Dcpreclallon At l April 2023 Cliarge for the year 990 152 990 152 At 31 Marcli 2024 1,142 1,142 Net book vAlues At 31 Marcli 2024 456 456 At 31 Marcli 2023 Debtors 2024 2023 Debtors 1,692 Current Liabilities 2024 2023 Accruals and deferred income 12,155 16,765 Page 12
Sole Purpose Notes to the accounts for tlie year ended 31 March 2024 Movements in Funds At At l April Incoming Outgolng 31 March 2023 resources resources 2024 Restricted funds: (576) 73,507 (73,661) (730) Total restricted fuiids (576) 73,507 (73,661) (730) Unrestricted funds: 8,357 16,744 (11,325) 13,776 Total unrestricted fuiids 8,357 16,744 (11,325) 13,776 7,781 90,251 (84,986) 13,046 Purposes of Restrlcted Furtd¥ Restricted grants awarded to Ilie cliarity is provided to cover the core objects as explllined in directors report. Related party transactions There were no related party transactions in tlie period under r¢vi¢w. 10. Company liniitcd by guarantee Tlie coinpaiiy is liillited by guaraiilee and does not liave a share capital. Page 13