South Bank Playhouse Ltd.
Statement of Financial Activities for year ending 30 April
2024
Total Funds 2023124
Total Funds 2022123
{£)
Note
Income:
Donations and legacies
24,779.02
22,707.69
Incomefrom choritable act7Vities."
Performances in other venues
0.00
Income from other trading activitie5
0.00
Investment income
0.00
Grant income
5,000.IK)
Total income
24.779.02
27.707.69
Expenditure
Expenditure on charitable activities."
Operation of theatre
19,346.84
19,689.16
Grant disbursement
5,000.00
Total expenditure
19.346.84
24.689.16
Net income/(expenditure) and net
movement in funds for the year
5.432.18
3,018.53
Reconciliation of funds
Total funds brought forward
29.430.23
26,411.70
Total funds carried fonmard
34A62.41
29.430.23

South Bank Playhouse Ltd.
Balance Sheet as at 30 April 2024
Note
2024 {£)
2023 (£)
Fixed assets
Tangible assets
1,388.69
1.388.69
2,082.69
2 082.69
Totsl fixed assets
Current assets
Debtors
Gift Aid to be claimed
Prepayment of Royalties
Prepayment- Water bill
Prepayment - Rent
Subscriptions received after year end
Cash at bank and in hand
9.842.32
0.00
157.45
2,285.93
250.00
23,394.48
35.930.18
7.917.42
414.00
157.45
0.00
0.00
20,784.48
29.273.75
Totsl current assets
Liabilities
Creditors falling due within one year
Buildings insurance premium
First Night Insumnce
Eurofire~ Fire Safety Checks
Expenses poid after year end
Rentfor extra month (year end
amend)
Net current assets
1,333.77
360.71
803.52
360.71
0.00
0.00
761.98
0.00
761.98
2A56.46
1.926.21
Total assets less current liabilities
34.862.41
29,430.23
c￿dItorS- falling due after more than one
year
Buildings insuronce premium
Net assets
0.00
34,862.41
0.00
29,430.23
The total funds of the charlty
34 862.41
29 430.23

South Bank Playhouse Ltd.
Statement of Cash Flows for year ending 30 April 2024
Note
2023124
2.610.00
2022123
2.324.77
Cash provided by operating actE¥ft5es
Cash flows from investing activities
Purchase of leasehold improvements
Cash provided by (used in) inve5ttng
activities
0.00
0.00
Increase (decrease) in cash and cash
equivalents in the year
Cash and cash equivalents at the beginning of
the year
2.610.00
2,324.77
21,LMJ3.28
18,678.51
Totsl cash and cash equivalents at the end of
the year
23.613.28
21.003.28

Notes on the accounts
l. Accounting Policies
The principal accounting policies adopted. judgements and key sources of estimation uncertainty in
the preparation of the financial ststements are as follows:
Basis of preparation
The financial statements have been prepared in accordan￿ 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 l January 2015)- (Charities SORP (FRS 102)). the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
South Bank Playhouse Ltd meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy note(s}.
b)
Preparation of the accounts on a going concern basis
The company's statement of financial activities shows an increase in funds for the year of £5,432.18,
and we assert that the charity is a going concern on thi5 bas15.
Income
Income is recognised when the charity has entitlementto the funds, any performance conditions
attached to the item{s) of income have been met. it is probable that the income will be received and
the amount can be measured reliably.
Income from government and other grdnts, whether 'capital' grants or 're￿nUe, grants. is recognised
when the charity has entitlement to the funds. any perfonnance conditions attached to the grants
have been met, it is probable that the income will be received and the amount can be measured
reliably and is not deferred.
d)
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a
third party, It is probable that settlement will be required and the amount of the obligation can be
measured reliably.

Tangible fixed assets
Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their
estimated useful economic lives on a strdight line basis as follows:
Asset Category
Annual rate
Equipment
Leasehold improvements
2. Income from donations and legacies
2023-24 (£) 2022-23 {£)
Donations from members (incl. Gift Aid)
Donations for performance5
Donations for use of premises, props, costumes
Donations for performances by another compary
10.372.50
10,706.52
3,700.(N)
10,183.13
8,392.16
3,755.00
377.40
Total
24.779.02
22.707.69
3. Analysis of expenditure on charitsble actsvities
2023-24 (£) 2022-23 (£)
2,972.18
2,429.92
0.00
400.00
890.96
865.71
9,143.72
9,143.72
1,453.15
1,835.95
3.110.37
2,823.42
513.02
182.53
556.34
714.83
13.10
13.00
694.00
1280.98
19,346.84
24,689.16
Production expenses
Payment to other company for performance
Insurance
Rent
Repairs & renewals
Heat & light
Postage, stationery, household
Bank charges & fees
Sundry expenses
Depreciation & Amortisation
Total expenditure

4. Tangible fixed assets
Equipment
Leasehold
Improvements
Total
Cost
At 1st May 2023
Additions
Disposals
At 30th April 2024
13,038.38
0.00
0.00
13.038.38
5.358.71
18,397.09
0.00
18,397.09
5,358.71
Depreciation
At 1st May 2023
Charge for the year
At 30th April 2024
12,240.40
266.00
12,506.40
4,074.00
428.C4)
4,502.00
16,314.40
694.00
17,008.40
Net book value
at 30th April 2023
797.98
1.284.71
2,082.69
At 30th April 2024
531.98
856.71
1,388.69

5. Reconciliation of net movement in funds to net cash Ilow from operating activities
2023-24 (£)
5,432.18
694.00
2022-231£)
3,018.53
1,280.08
Net movement in funds
Add back depreciation charge
Decrease (increase} in debtors
Gift Aid payment to be claimed
GiftAid payment received
Accrualforsubscription - P McDonagh
(1,924.50)
0.00
(250.00)
11,986.63)
1,857.69
250.00
Increase {decrease) in creditors
Buildings insurance premium
Prept7yment- Rent
Prepayment- Royolties
Eurofire Fire Safety inspection
Expenses to company members
Additional month s rent due to year end amend
First Night Insuronce
530.25
(2,285.93)
414.00
0.00
0.00
0.00
0.00
(2,219.981
378.00
(133.20)
1480.43)
0.00
360.71
Net cash provided by operdting activitses
2 324.77
Signed:
Examined by:
John Grattan
Christopher Palmer
Treasurer
Date:
21 J2125
Date:
38/8/2