REGISTERf4D COMPANY NUMBER: N1025285 (Noithern Ireland) REGISTERED CHARITY NUMBf4R: 102778 Report of the Trustees and UDaudited Financlal Statements for the Year Ended 31st March 2024 for TllqDERBOX TItEATRE COMPANY M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH
TINDERBOX THEATRE COMPANY Contents of the Financial Statements FOR THE YEAR ENDED 31ST MARCH 2024 Page Rtferenee and AdmRnlstrative DetaAIs Report of the Trustees 2 to 5 Independent ExAmin¢r'5 Report Statement of Financial Activitie5 Balante Sheet Notes to the Financial StAtements 9 10 15
TINDERBOX THEATRE COMPANY Reference and Administrative Details FOR THE YEAR ENDED 31sr fvlARCH 2024 TRUSTEES Stephen David Beggs {resigned 3011212023) Lisa M¢Ginley (resigned 41412024) Janine Mari& Wa]ker Sarab Rees Lee Kobb Rachel Leitch Matthew Jeffrey Chris Travers COMPANY SECRETARY Lee Robb REGISTERED OFFICE Crescent Arts Centre 2-4 University Road Belfast Co. Antrim BT7 INH REGISTERED COMPANY NLTMBER N1025285 (Nortbem Ireland) REGISTERED CIIARITY NUMBER 102778 INDEPENDENT EXAMINER M.B.McGrady & Co Chart¢red Ac¢ounlants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH
TlDERBOx THEATRE COMPANY Report of the Trustees FOR THE YEAR ENDED 31ST MARCH 2024 The tStee5 who are also directors of the charity for the purposes of the CompaThies Act 2006, present their rcport with the fmancial statements of the charity for the year ended 31 st Marcb 2024. The trustees have adopted thc provisions of Ac¢ou7Jting and Reporting by Charities.. Statement of Recommended Practice applicable to chariti¢s preparing their accounts in &¢¢ordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES TAnderbox We are an artist collective driven and shaped by artistic process for the creation of new peiforniances and projects. We collaborate equally with artists. partioipanls and audiences to create new and ambitious creative experiences. Tinderbox has received immense recogDition for our productions and creativ¢ training progranllnes with participants and audiences alluding to Ibe celebration of playfulness. imagination and empowernient for all. Tillderbox radically shifted ils approa¢h to artistic collaboratioo providing a space for all artists and participants to share and unite through liv¢ perfonnance. We provided space for artists tt) explore multi- artistic fornis to fuel their own pra¢ti¢e. We have explored the dynamics of Play with 300 artists throuBh the Play Machine progranune and have faoilitated workshops in schools, prisons and community envirotsmeDts. The Vision - Ignite the creative spark Ihrougb artistic perfornTrnces and pioje¢ts. - Champion creative process through development, training And perfomanee programmes. Inspire collaboration with artists, audiences. participants and site-responsive spaces. - Play with Freedom. Play with IDtegrity. Play with the creative pro¢ess. - Implement creative methodology and therapeutic approaches to enri¢h and inspire tbe creative process for everyone. Mission Statement: Production: We devise live perforniances to challenge, provoke and inspire. We cbampion collaboration. inclusion and Innovation. Process: W¢ work with th¢ artistic process. We acknowledge the creative process of each artist and participant and create spaces to discover and champion authenticity. Play School: We deliver contemporary training in theatre making and devisiJ)g at the Crescent Arts Centre. We manage the Makcrs Network where artists engages And pr&¢lice acro55 Tinderbox projects and platfoms. Play for Change.. We collaborate witb artists, conununities and audiences. We ¢re&te a living space for artist5, Communities, audiences to ¢onTh¢¢t and share stories with ea¢h other. We fight for Bquality, Inclusion and Accessibility in society. VAlues: Transforniative. Playful. SpontarLeous. Truthful. Abandou. CollAboratioll. Necessary. Disruptive. Ignite. Spontaneous combustion. History: - For over thity-five years, we have championed new writing, produ¢iDg world-¢lass perfonnallces from Northern Irish writers to critical and internation81 acclaim. We are a leading player in creative innovation, experimentation and contemporary theatre.
TINDERBOX THEATRE COMPANY Report of the Trustees FOR THE YEAR Ef4DED 31ST MARCH 2024 - Since 2016, Tinderbox have explored the fundamental Daknre of performance practice. questioning structyre and fomi, challenging convention&1 narrative and posing an alternative model of creative engagement with our CUeThe arts ecology. We believe that access to the imagination without restriction is the key to dynamic practice and perfomiJtLCe and we have created multiple programmes such as Take Away Theatre, Play Machille, EngiDe and Fuel for everyone to access their unique creative individuality. OBJECTIVES AND ACTIVITIES ObjectAves and alms SIGNIFICANT ACTIVITIES Achlevements and Performance -tn 2023-24, Tinderbox Theatre Company continued lo deliver a dynamic range of artistic and developmental progr8rnm¢s, str¢ngthening its impact on the theatre conimunity and beyond. Key aa]Jievements included: MaylJune 2023: The HAP School, a week-lonE series of worksbops, explored creative tberapy with theatre professiollals. Twenty a¢tors, directors, musicians, and theatr¢-makers from across Northern Ireland participated in this int¢nsivt programme at the Crescent Arts Centre. October 2023: Tinderbox was successful in securinE fvnding from the Dorniant Accounts Fund for a two-year Business Development Producer. This milestone allowed the company to hire Louise Conaghan into a dedicated role, reinfor¢ing the org8llisAtion's infrastructure and long-terni sustainability. October 2023.. The critically acclaimed production Rhino at the Lyric Theatre was a stsndout success, named one of the Top 50 Shows to See in the UK by The Stage. The production a¢hi¢ved a neat sell-out run and was awarded Best Revival at the UK Theatre Awaids. November 2023.. Associate Dire¢tor Ciaran Haggety r2n a six-week film course titled 'Thinking in Fratne,. designed to nurture ernerging filmmak¢rs. The ¢OUTse introduced participants to the language of film and provided essential insights for writing or directing short films. December 2023.. A significant goveman¢¢ ¢h8Thge saw Stephen Be£gs step down as Chair of the Board. Trustees Janine Walker and Rachel Lettch w¢re appointed as Co-chairs. marking a new phase of leadersbip for Tinderbox. January 2024.. The Holding Ground Festival explored the inlerse¢lion of art and Creative therapies while showcasing the prnduetion Holding Ground by Jack DawsoTh. Developed in partnershtp with Women's Aid, the feslkval highlighted the Social Action Youth Proj¢¢t, which amplified the voices of youDg people impacted by domestic viol¢llce. The project's outcomes were also shared with elected representatives at Storniont. Febary 2024: Tinderbox collaborated with AIKEN PR and Electri¢ Ireland for Game Play, a pioduclion exploring resilience and the positive impact of teamwork on teenage girls. The play, informed by research from Electric Ireland's Game Changers campaign, w&8 performed at the Ulsl¢r Museum for schoolgirls aThd sports professionals. March 2024.. The Incubate Network culminated in the Incubator Festival at the MAC, Belfast. Ten theatre-makers show¢8sed WOTk-in-progress, alongside workshops and talks addressing Critical themes such as power dynamics ill Ibeatre, self-producing, and fjnancial sustainability for artists. FtNANCIAL REVIEW Fin4n¢ial position Ftnances ate managed on a daily basis by the Creative Producer. The company continues to run all projects oll tightly monitored budgets, wbich all break even. The cbarity has set a poli¢y of buildiug reserves to a level tbat is equivalent to 25Q/o of administration overheads. This policy has b¢ell implemented as part of th¢ organisation's risk reduction strategy and would be utilised in the event of a shortfall in funding. The level of unrestrieted funds at 31 March 2024 is in excess of that required by tbis policy.
TJTrIDERBOX THEATRE COMPANY Report of the Trustees FOR THE YEAIi ENDED 3 1ST MARCH 2024 FUTURE PLANS As we look fonvard lo the next twelve months, the tnjstees remain committed to lfillIng our rnission to ignite creativity. inspire collaboration, 2nd celebrate the powet of live performance. We remain dedi¢ated to fostering innovative Artistic practices and creating opportunities for artists. audiences, and pArti¢ipants to engage deeply with the creative process. In 2024, our Play Machine Training Programme and HAP School will continue to equip artists with the tools to explore dyn8rnic approa¢hes to theatre-makiog, ¢ombining technical training with creative methodologies to ettrich their prnctice. We will also support the development of emergiog theatre-makers tbrough the Incubate Network. providing mentorship, resources, and collaborative opportunities. This programm¢ will culminate in the Incubator Festival, offering artists the chance to showcase new work and participate in vital conversations about the flltll of th¢atr¢. Duriog the year planned highligbts includ¢: - Yerma, a reimagining of Lorca's cla5$1¢; - Marcus, a studio production exploring bi-ra¢ial identity. - New international Collaborations witb European theatre companies, expalldsng our global reach. Tinderbox will 81so nltaill its comrnitment lo addressing urgent social igsues tbTough art. Partnerships with community organisations, such as Women's Aid. will continue to focus on using theatre as a tool for empowernient, education, and advocacy. Tbrough these initiatives, we reaffm our commitment to the transforniative power of live perforniance, ensuring that Tinderbox continues to play a vital role in shapiog the cultural landscape of Northern Ireland and beyond. Se¢uring sustsinable ndIng remains essential lo Tindcibox's mission. W¢ are committed to advocating for increased core funditig while exploring diverse income streams Atsd partersb1ps to support our ambitious artistic 2nd community progranm)¢s. Strengtbening our reserves remairk5 a key priority to ensure resilience and safeguard the company's future, enabling us to continue igniting creativity and inspiring change through our work. We ar¢ Gonfident that Tinderbox is in a position to continue trading throughout the forthcoming ye&r and b¢yond. and that agreed procedures are operative.
TINDERBOX THEATRE COTr(PANY Report of the Trnstees FOR THE YEAR ENDED 31STMARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT TTUStees The trustees who served the chlty during the period were as follows.. Stephen David Beggs (Chair - Dec 2023) Lisa McGinley Janine MaTie Wa]kei (Co-ChaiT- from Dec 2023) Sarah Rees Lee Robb Rachel Leitch (Co-chair- from Dec 2023) Matthew Jeffrey Chris Travers The ttvstee5 are responsible for establishing and maintaining company pojicy and overseeing the rnanagernent of its delivery. Risk management The trustees are responsible for ensuring that all Risk Management issues are managed by the staff of the company. Management Responsibility for the ongoing runwng of the company lies with the staff team, managed by the Trustees. The staff are resp.onsible for ensuTing that planned services e delivered according to compaJiy policy, that key indicators are met, and tbat agreed procedures operative. Approved by ordu of the board of trustees on 20th December 2024 and signed on its behalf by.. Rachel Leitch - Thistee
Independent Examiner's Report to the Trustees of Tinderbox Theatre CompAny I report on the accounts of the company for th¢ year ended 31st March 2024, which are set out on pages seven to fifteen. Respective responsiblllties of ehgrity trustees examiner As the charity's trnstees (and also the direct015 for the purposes of comphny law) you are responsible for tbe preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself thpAt the charity is not subject to audit under company law and is eligible for independent examiDatlOD. it is my responsibility to.. examine the accounts under Section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the ChaTities Act state wbeth¢r particular matters bave come to my attention. Basis of the independent examiner's report I have examined your charity ac¢outsts as required under Section 65 of the Cbarities Act and my examination wa5 caTTied out in a¢¢ord&Dce with the general Directions 8iven by tbe Cbxrity Conunission for Nortbern Irelaod under Section 65(9)(1)) of the Charities A¢1. The examination included a review of the accouuting records kept by tbe Charity and 8 comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures ID the accounts. and seekiDg explanations from you as charity trustees concernillg ally such matters. My role is lo slate whether any material matters have come to my attention giving me cause tr) believe.. That accounting records were not kept ill accordance witb Section 386 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement 0£ Recommended Practice applicable lo ¢h&rities preparing their accounts in accordance with the FinAncial Reporting Standard applicable ID the UK and Republic of IrelaDd That there is fvrth¢r infonnation needed foT a proper understsnding of the accounts to be reached, Independent examiner's Statement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confwm that l am qualified lo undertake the examir]ation because I am a member of the IDStitute of Chartered Accountants in ITelAnd which is one of the listed bodies. I have rompleled my examination and hav¢ no concerns in respect of the matt¢rs (l) to (4) listed above and, in connection with following the Directions of the Cbarity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Seamus McLernon The IStitUte of Chartered Accountants in Ireland M.B.McGrady & Co Chartered Accountants 322 Lisburn Road Belf8St BT9 6GH 20th December 2024
TINDERBOX THEATRE COMPANY Statement of Financial Activities FOR THE YEAR ENDED 31ST MARCH 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 67.212 67,212 77,589 ChArltable activities chitable 70,481 140,161 210,642 122,940 Inv¢strneDt iDcorne 108 108 Total 70,481 207,481 277 962 200.529 EXPENDITiJRE ON Charitable activities Charitable 1,215 241902 243 117 174,959 NET INCOMEI(EXPENDITURK) Transfers between funds 69,266 23 248) (34,421) 34.845 25,570 14 Net movement in funds 46,018 (11,173) 34,845 25,570 RECONCTLIATION OF FUNDS Total fi)nds brought forward 40,302 28,676 68,978 43,408 TOTAL FUNDS CARRIED FORWARD 103 823 The notes fozm part of tbese financial statements
TJl+lDERBOX THEATRE COMPANY Balgnee Sheet 31ST MARCH 2024 2024 2023 Notes FIXED ASSETS Tangible assets io 3,035 2.797 CURRENT ASSETS Debtors Cash at bank Ind in hand li 25,633 19.589 52.208 114,038 71.797 CREDITORS Amounts falling due witbin one year 12 (13,250) (5.616) NET CURRENT ASSETS 100,788 66,181 TOTAL ASSETS LESS CURRENT LIABILITIES 103,823 68.978 NET ASSETS 103 823 FUNDS Unr¢stricled ndS Restricted funds 14 86,323 40,302 TOTAL FUNDS 103 823 68,978 The charitable cotnpany is entitled to exemption from audit under Section 477 of the CompaDies Act 2006 for tbe ye ended 31 st Mar¢b 2024. Tbe mernbers have not required the company to obtain lln lludit of its fmancial slatemellts for tbe year ended 3 Isl March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their iesponsibilities for (a) ensuring that tbe charitable company keeps accounting records that comply with Sections 386 and 387 of tbe Companies Act 2006 and preparing financial statemeots which give a true 2nd fair view of th¢ slate of affairs of Ihc cbaritable Cornphny as at the end of each fin2Dcial year aod of its surplus or deficit for each fillan¢i81 year in accordance with the requirements of Sectious 394 and 395 atjd which otherwise Comply with the requirements of the Companies Act 2006 relating lo finarL¢ial ststemetsts, so far as applicable to the cbaritable company. (b) Tbe not¢s form part of tbese financial statements
TINDERBOX THEATRE COMPANY B21ance Sheet - continued 31ST MARCH 2024 These financial statements have been prepared in accordance with the provisions app]ieable to chaTitable companies subject to the small companies regime. The financiaI 8tatements were approved by the Board of Trusteeg and authorised for issue on 20th December 2024 aT]d were signed on its behalf by: Rachel Leilch - Trustee The notes form part of these fmancial statements
TJTrIDERBOX THEATRE COMPANY Notes to the FinanciAI Statement5 FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUiYTtNG POLICIES Basls of preparing the financial statements The fmancial statements of the charithble company, wbich is & public benefit entity under FRS 102, have been prepared in accord&nc¢ with the Charities SORP (FRS 102) 'A¢¢ounting alld Reporting by Charities.. Statement of Re¢ommended Practice applicable to charities preparing their accounts in accordance with the Fin8n¢ial Reportitig Standard applicable ill the UK aDd Republic of Ireland (FRS 102) (effective l Janvary 2019),, Financial Reporting Standard 102 'The Financial Reporting Stsndard applieable in the UK and Republic of Ireland, and tbe Companies Act 2006. The fiaaD¢ial statements have been prepared under the historical cost convention. Flnancial reportlng stAndard 102 - reduced disclosure exemptlDns The cbaritable compaoy has taken advantage of th¢ following disclosure exemption in pieparing these firLancial statements. as perniitted by FRS 102 'The Financial Reportin8 Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Casb Flows. Income Income is recognised in the Statement of Financial Activities once the chArity has entitlement to the funds. it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expendiknre as soon as there is a legal or constru¢tive obligation cornmitting the charity to that expendithre, it is probable that a transfer of economic benefits will be required in settlement and the amoutjt of the obligation can be measured reliably. Expenditure is a¢couDted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Wbere costs cannot be directly attributed lo paTtiGular h¢adings they bave b¢¢n allocated to activities OD a basis consistent with the use of resources. Tangible fixed assets All red assets are initially re¢orded at cost. Depreciation Depreciatiots is calculated so as to write off the cost of ats asset, less its estinted residual valve. over the use1 economic life of that asset as follows.. Office Equipment. 20ty/0 reducing balODee Computer Equipment _ 250/0 straight line Taxation The charity is exempl from corporation t8X On Its charitable activities. Fund accounting The company has various types of funds for which it is responsible and which require separate dis¢losure. DefinitioDs of the various types of fiu]ds are 8$ follows; (a) Restrieted Funds Grants, donatlODS aDd other income receÉved which are earn)arked by the nder or donor for specific purpos¢s. Such purposes are within the overall aims of the Charity. (b) Unrestrlcted Funds Funds which are expelldabl¢ at the discretion of tbe directors for the general purposes of the charity. Transfer5 from unrestri¢ted to restricted fijnds are made to cover the remaining costs incurred for specific projects which have not been met from other restricted monies. continued...
TINDERBOX THEATRE COMPANY Notes to the Financial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES - continued Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Staternent of Financial Activities on a straight line basis over the pertod of the lease. Pension costs and other post-retirement benefits The ChItable company operates & defined ¢ontsibution pension scheme. CorLtributions payable to the cbaritable Company's pension scheme are cb3rEed to the Statement of Financial Activities in tbe period to which they relate. DONATIONS LEGACIES 2024 2023 ACNI ASOP Grant 67.212 INVESTMENT INCOME 2024 2023 Bank interest receiv&ble 108 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity ACNI Programming Funding Charitable Grants l Tnjsts Charitable Box Office Belfast Charitable Other income Charitable 41,600 107,073 37,205 24.764 41,601 51,919 7,305 210 642 122,940 Included in other income of £25,606 (2023: £22,115) is £10,967 (2023: £5.296) relating to Theatre Tax R¢lief claims in respect of the year ended 31 Mar¢b 2023. NET llYCOMEI(EXPENDITURE) Nel incornel{expenditure) is stated after chargingl(crediting): 2024 2023 Depreoiation - OWDed xssets Oth¢r operating leases 1,186 12,386 894 7,810 io Continued...
TtNDERBOX THEATRE COMPANY Notes to the Finonclal Statements - continued FOR THE YEAR ENDED 31ST MARCH 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no tsteeS, remuner8tion or other benefits for the year ended 3 1st March 2024 nor for the year ended 3 1st March 2023. Trustees, expenses There were no Istee$, expenses paid for the year ended 31stMarch2024 nor for the year ended 31st March 2023. STAFF COSTS Tbe average monthly number of employees during the year was as follows.. 2024 2023 Production staff Administrative staff No employees received emoluments in excess of £60,000. COMPARATtVES FOR THE STATEMENT OF FINANCIAL ACTtVITIES Unrestricted Restricted fund funds Total funds INCOME ATrtD ENDOWtvIENTS FROM Donations and l¢gacies (i) 77.590 77,589 Charit2ble activitles Charitabl¢ 29.420 93,520 122.940 Total 171.110 200,529 EXPENDITURE ON Charitable activities Chttable 894 174,065 174.959 NET INCOMEI(EXPENDETURE) Transfers between funds 28,525 23,108 (2,955) 23,108 25.570 Net movement in fund5 5,417 20,153 25.570 RECONCILIATION OF FUNDS Totsl funds brought forward 34,885 8,523 43.408 TOTAL FUNDS CARRIED FORWARD 40,302 68,978 continued...
TINDERBOX THEATRE COMPANY Notes to the Flnancial Statements - continued FOR THE YEAR ENDED 31ST MARCH 2024 KEY IWAGEMENT PERSONNEL Key managemeDt personnel include all persons that have authority and responsibility for plAnninE, directing and Controlling the activities of tbe ¢harity. The total consideration paid to key magement peTsolluel, in¢ludin8 employers national insurance contributions, for services PTovided to tbe charity was £72,688 (2023.. £62,675). TANGIBLE FIXED ASSETS io. Fixture5 and rittings Computer equipment Tot41$ COST At 1st April 2023 Additions 19,924 524 21,195 899 41,119 At31st March 2024 22,094 DEPiiECIATION At 1st April 2023 Charge for year 19,467 376 18,854 810 38,321 1,186 At 3 1st March 2024 19,664 39,507 NET BOOK VALUE At 3 1st Mar¢b 2024 605 At 3 1st March 2023 457 2.341 ii. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YE 2024 2023 Trade debtors Other debtOTS VAT Prepayments 13,782 10,965 10.582 5,295 2,896 816 886 2S,633 12 Continued...
TJPIDERBOX THEATRE COMPANY Notes to the Flnanci41 Statements - continued FOR THE YEAR ENDED 31ST MARCH 2024 12. CREDITORS: AMOtrNTS FALLING DUE WITHIN ONE YEAR 2024 2023 VAT Accrued expenses 2,071 11,179 5,616 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total fullds 2023 Total funds Unrestricted fund Restricted funds Fixed assets Cunent assets Cuent liabilities 5,387 8D,864 72 (2,352) 33,174 13,322 3,035 114,038 2,797 71,797 5,616) 86,323 17,500 103 823 68,978 14. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 3113124 At 114123 Unrestricted fund$ General fund 40,302 69,269 (23,248) 86,323 RestrScted funds Cole Programming (4,539) 29,885 4,539 18,709 28,676 17,500 28,676 34,424 17,500 TOTAL FUNDS 103,823 Net movement in funds, included itt the above are as follows.. Incoming resour¢es Resources expended Movement in funds UnrestrA¢ted funds GeD¢ral fund 70,481 (1,212) 69,269 Restricted funds Core Programming 124,818 82,663 (129,357) 112 548) (4,539) 207 481 241,905 TOTAL FUNDS 277 962 243 A17 34,845 13 continued..
T]NDKRBOX THEATRE COMPANY Notes to the Financial Statements - eontinued FOR THE YEAR ENDED 31ST MARCH 2024 ' 14. MOVEMENT IN FUNDS - continued Compargtlves for rnovement In funds Iyet mDvement in funds Transfers between funds At 3113123 At 114122 Unrestricted funds General fi]nd 34,88S 28,525 (23,108) 40,302 Restrlcted funds Cor¢ School of Play Programming (485) (21,099) (1,524) 19,668 21,584 1,524 9,008 28,676 8,523 2,955 28,676 TOTAL FUNDS 25,570 68,978 Comparative net movement ID funds, in¢luded in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted furtds General hnd 29,419 (894) 28,525 Restri¢t¢d fund$ Cor¢ School of Play Programming 90,645 (1,495) 81,960 (111,744) (29) 62,292 (21,099) (1.524) 19.668 171.110 174,065 2,955) TOTAL FUNDS 200 529 174 959) Transfers between funds Unrestricted funds represents funding that the ¢harity receives wbich is experLdable at the discretion of the diIectors for the general purposes of tbe charity. Transfers from unrestricted to restricted fijllds are made to cover the costs Incurred for speGific projects wbicb have not becn met from other restricted monie5. 14 continued...
TJNDERJOX THEATEiE COMPANY Notes to the FRnancial Statements - conttnued FOR THE YEAR ENDED 31ST IVJARCH 2024 15. RELATED PARTY DISCLOSURES Ther¢ were no rel&l¢d party transactions for the year ended 3 1st March 2024. 15