Smashing Times Theatre Company (A company limited by guarantee, not having a share capital) DIRECTORS' REPORT
for the financial year ended 31 July 2023
The directors present their report and the unaudited financial statements for the financial year ended 31 July 2023.
Principal Activity
The principal activity of the organisation is the operation and management of a theatre company with a view to advancing and encouraging the theatrical arts.
The Company is limited by guarantee not having a share capital.
Directors
The directors who served during the financial year are as follows:
Juliana Buckley Olivia O'Hagan Eric Philip Weitz
Political Contributions
The company did not make any disclosable political donations in the current financial year.
Statement of directors' Responsibilities and Declaration on Unaudited Financial Statements
General responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
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select suitable accounting policies and apply them consistently;
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make judgements and accounting estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors' declaration on unaudited financial statements
In relation to the financial statements comprising the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and notes:
The directors approve these financial statements and confirm that they are responsible for them, including selecting the appropriate accounting policies, applying them consistently and making, on a reasonable and prudent basis, the judgements underlying them. They have been prepared on the going concern basis on the grounds that the company will continue in business.
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Smashing Times Theatre Company (A company limited by guarantee, not having a share capital) DIRECTORS' REPORT
for the financial year ended 31 July 2023
Special provisions relating to small companies
The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
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For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime
On behalf of the board
Juliana Buckley Director
Eric Philip Weitz Director
Date: 4[th] April 2024
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