Charity Re8iStratlon No. 108314
Company Registratlon No. N1644122 {Northern Ireland)
CRE8 THEATRE LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

CRE8 THEATRE LTD
LEGAL AND ADMINISTIIATIVE INFORMATION
Trustees
Mr Darren Ferguson
Ms Shauna Murphy
Ms Fiona Bell
Mr Simon Mcclean (appointed Sept 231
Charity Number
NIC108314
Company Number
N1644122
Princlpal Address
3 Wellington Park
Belfast
Co Antrim
BT9 6DJ
Registered Office
3 Wellington Park
Belfast
Co Antrim
8T9 6DJ
Independent Examiner
Mrs A Harbinson FCA
Corrigan CA Limited
24 Greystone Road
Antrim
BT412QN

CRE8 THEATRE LTD
CONTENTS
Page
Trustees, report
1-12
Statement of trustees, responsibilities
13
Independent examiner's report
14
Statement of financial activities
15
Balance Sheet
16
Notes to the financial statements
17-21

CRE8 THEATRE LTD
TRUSTEE5' ANNUAL REPORT INCLUDING DIREcfoRS' REPORT
FOR THE YEAR ENDED 29 FEBRUARY 2024
The trustees of the Society are pleased to present their annual Directorfs report together with the
audited financial statements of the charity for the year ending 29 February 2024 which are also
prepared to meet the requirements for a directors. report and accounts for Companies Act purposes.
The financial statements comply with all relevant legislation and with current recommended
accounting practice.
Strurture• governance and rnana8ement:
Board of Trustees-
Chairperson..
Deputy chair:
Treasurer..
Secretary..
Darren Ferguson
Fiona Bell
Fiona Bell
Simon Mcclean
Key management personnel:
Artistic Director: Ms Sarah Lyle
Independent Exarniner:
Amanda Harbinson FCA
Corrigan CA Limited
24 Greystone Road
Antrim
BT412QN
Governing Document:
Cre8 Theatre Ltd is a limited company governed by its Memorandum and Articles of Association
dated 18th January 2022. Cre8 Theatre Ltd is a registered charity with the Charity Commission
for Northern Ireland.
Appointment of trustees:
The Chairperson and the Trustees recruit and select new Trustees as requi￿d. New Trustees
are recruited on the relevance of their professional skills to Cre8 Theatre Ltd's company needs
and their potential to be able to make a helpful contribution to the govemance of the charity.
As part of the recruitment process, they are made aware of Trustee5' legal obligations
under charity and company law. the content of the Memorandum and Articles of Association
and the most up to date financial performance of the tharity.
Cre8 Theatre Ltd purpose, aims and objecti¥e5:
Cre8 Theatre Ltd is a theatre produrtion company whose mission 15 to present visually stunnlng
and innovative theatre that enriches, educates and entertains.
Cre8 Theatre Ltd focuses on making work with high production values and is passionate about
developing and nurturing its audiences, people and new tslent, as well as promoting
accessibility for all and working to a model that is sustainable and forward thinking.
The artistic team have a fresh. visionary approach to producing theatre that is inventive.
reactionary. exciting and boundary breaking.

CRE8 THEATRE LTD
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 29 February 2024
Cre8 Theatre Ltd aims and objectives are:
To produce a range of visually stunnin& inclusive community focused artistic events.
Examples include..
digital educational/theme-based school tours
community puppet shows
creative workshops
educational workshops
pantomimes
theatrical productions
Cre8 Theatre Ltd aims to develop people's confidence in communication through dance. acting
and singing. Cre8 Theatre Ltd also aims to nurture and grow a creative activity focused on
integration of the d/Deaf community into the arts sertor in Northern Ireland.
Cre8 Theatre Ltd is committed to promoting:
social cohesion
social inclusion
equality of opportunity and 8ood community relations through community engagement
and critically acclaimed arts practce
promoting links with rn3rginalised communities to make the Arts sector more accessible to
them. with particular focus on the d/Deaf community of Nl.
Creatlve Achievements and performances:
Cre8 Theatre Ltd's recent work provides evidence of this-
February and March 2023: Research and Development project/workshops in a range of
schools for children from the d/Deaf and community in Northern Ireland.
This research and development project followed on from our 2022 Deaf Arts Festival Nl and
linked to our Deaf Arts Festival Nl 2023 and the May 2023 Sleeping Beauty Show funded bv
Belfast City Council's Arts & Heritage and Arts Council Nl Lottery Project Funding. The
beneficiaries of this project were d/Deaf young people and d/Deaf artists placed at the
forefront of theatre, with Sign Language and live interpreting at the centre of our creative
research and design process. It also cast d/Deaf young actors on stage and raisedawareness,
acceptance and respect for d/Deaf culture and community.
March 2023". 'Sunni Explores: A Land of Litter and a World of Waste Schools Toue.
Funded by Belfast City Council the Sunni Explores: Land of litter and a World of Waste was
tour of 30 primary schools in Belfast City Centre to teach KSI and 2 Students all about
what to do with your rubbish and recyclin& usin8 puppets. songs and interartive
engagement with the children.

CRE8 THEATRE LTD
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 29 February 2024
Aprll, May and June 2023: Deaf Arts Festival Nl 2023 and Sleeplng Beauty Show
Funded by Belfast City Council Community Foundation Funding, Arts Council Northern Ireland
Lottery Project Funding and the Halifax Foundation. In kind support with the venue by THE
MAC Theatre. Cre8 Theatre Ltd and c21 Theatre Company were pleased to celebrate that the
inaugural Deaf Arts Festival Nl took place in The MAC, Belfast on the 6th and 7th May 2023 to
coincide with Deaf Awareness Week 2023. Rehearsals were held in April and May 2023.The
festival was co-founded by both local companies and they curated two pieces of brand-new
writing. Cre8 presented a modern musical adaption of 'Sleeping BeauV for children and
families while c2 1 offered 'Expecting'. Both productions were developed in collaboration with
d/Deaf artists and featured dlDeaf and hearin8 artists. The festival connected with d/Deaf
communities across Northern Ireland and beyond. creating opportunity, access and inclusion
to arts attivity for integrated audiences, as well as placing deaf artists in central roles on the
main stage. After the festival both companies embarked on a tour of regional arts venues in
June 2023 at which each of the new productions were performed in Theatre at the Mill.
Courtyard Theatre, Marketplace Theatre. Armagh and Newry.
The project fully met its objectives by.. Developing a new shared space lin both urbon and rural
settings, as the live presentation will play in Belfast, Armagh. Newry and Newtownabbevl.
Creating a space where d/Deaf and hearing people can exist together. in one theatre with
shared en8agement and enjoyment. Tackling the issue of se8regation through shared creative
engagement, by including hearing impaired communrties within all aspects of the project.
Supporting social cohesion through raising awareness of differing cultural expressions.
includin8 language and communication, through BSL. vibration5 and sound experiences.
Enabling engagement for participants in cross community activity through workshops that
bring different types of people together in a shared inclusive experience (Primary school
workshop51. Raising awarene55 and building a united community through the show and
promotion during the Deaf Arts Festival and Deaf Awareness Week and ultimately celebrating
cultural diversitv.
DfflF
flfvT
FESTIrfIIL
Nl

CRE8 THEATRE LTD
TRUSTEE5' REPORT ICONTINUEDI
FOR THE YEAR ENDED 29 February 2024
July 2023: Theatre at the Mill Theatre Summer School: Moana Jr
A week long theatre summer school funded by Antrim and Newtownabbey Borough Council and hosted by
Theatre at the Mill & Courtyard Theatre. This week-long event ended in a showcase production of Moana Jr
for all to see. Age group 10 to 18 year5 old5, learning new singing, arting and movement skills, improving
their confidence, exercisin& making new friends.
August 2023 - Youth Arts Summer School: Riverside Theatre: 14
- 18 August 2023
This Youth Arts Summer School at Riverside Theatre in Coleraine was funded by Enterprise Causeway
(Causeway Coast and Glensl. We had a wonderful group of 10-16 year olds learning new singing, arting and
movement skills, improving their confidence, exercising. making new friends and generally loving their life
for a week with our fabulous arts facilitatorsl In just 5 days over 35 children created an amazin8 performance
showcasing elements of dancing and singing from The Greatest Showman.
August 2023.. Youth Arts Summer School: Ards Council: 14
18 August 2023
Youth Arts Summer School at Ards Arts Centre funded by Ards and North Down Borough Council. A group of
5-12 year olds learning new singing, acting and movement skills, improving their confidence, exercising,
making new friends and ending in a show to friends and family.
September- Ortober 2023: 'Sunni Explores: Resperting Oifference, Sthools Tour
This was yet another Primary I to 4 outreach engagement package designed and delivered by Cre8 Theatre Ltd,
in conjunction with Belfast City Council and T: BUC Changrng for the Better Together programme. The overall
theme addressed the subject of Respecting Differences which is a fundamental element of the curriculum.
When schools sign up they receive a 30-minute live digital puppet show deliVe￿d di￿rtlY via Zoom. into
cla55rooms with an accompanying 11-minute pre show introductory taster video. a5 well as interattive
puppet crafting resources for student5 to engage with before the show. The project celebrated cultural
diversity for Key Stage land 2 in schools within East and West Belfast. The tour ￿ached thousands of
children aged 3 - 7 years and linkedto the schools Personal, Social. Health. Citizenship Education Currlculum
IPSHCEI.

CRE8 THEATRE LTD
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 29 February 2024
EXPL&REs.
October 2023: Inspiring Access: Introdurtion to Acting Workshop for the d/Deaf community
Our collaboration with the Grand Opera House enabled us to offer an acting workshop for the
d/Deaf community.
May, June, July, September and then October 2023: Puppets In Your Place Show as part of
the Enchanted House Puppetry Festival
A community Outreach projett funded by Arts Council Nl and the Rural Engagement Arts
Programme - Ards and North Down Borough Council. This was a celebration of communities
across Donaghadee, Portaferry, Comber and Hollywood. 25 participants ranging from 6
months old to gandparents put on a show as part of the Enchanted House of Pupperty
Festival.
ENCHANTED HOUSE
OF PUPPETRY

CRE8 THEATRE LTD
TRU5TEES' REPORT(CONTINUEDI
FOR THE YEAR ENDED 29 February 2024
November 2023.. Introductlon to Actin8 Workshop: Grand Opera House
10 artists from the dlDeaf community Nl of mixed ages and abilities came
together to integrate together and develop their acting, lip reading and BSL skills
in a Safe and creative environment.
November and December 2023.. 'Robinhood and the Peaceful People Posse.
Pantomirne.. 15 to 28 December2023
Cre8 Theatre Ltd hosted its seventh pantomime with this yearfs being held at Braid Arts
Centre, Ballymena, funded by Mid and East Antrim Council. The pantomime
embarked on a whimsical journey through Sherwood forest. where the
courageous Robin Hood and the Peaceful People P05se 'borrowed' from the rich
and gave to the poor, all white outsmarting the notorious Sheriff of Nothingman
in a bid to save Ballymena. With toe-tapping tunes and a sprinkle of magical
moments. this pantomime guaranteed a hilarious time for audiences of all ages.
Audience Feedback:
Fabulous production Fantastlc sho￿. That was brilliantl My boys loved it very
much, we had a great time. Thank you It'5 a great family day out and a
traditional Christmas experience. A full stage classic Pantomime Cre8 Theatre,
ou'd be mad as a mince pie to miss itl I. This family-friendly extravagania was
captivating, a production by spellbinding blend of laughter, music and
never*nding jov..
CRE8
ThEBBAID
IIOOD
AID TME PEACEFUL PEOPI£ POSSE

CRE8 THEATRE LTD
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 29 February 2024
7VT
é4
'vvYv

CRE8 THEATRE LTD
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 29 February 2024
January and February 2024: 'The Bincredible Shredder and Crusher,.
Rehearsal dates 8th - 13th January 2024 and Performance dates 15th January- 9th
February 2024. Funded by the Belfast City Council's Environmental Education &
Outreach department. This project was a tour of 40 primary schools across Belfast with
the show 'The Bincredible Shredder and Crusher,. The two retycling superheroes
embarked on the adventure to teach the young people of Belfast City how to sort, shred
and crush their recyclin8 at home and on the street.
January and February 2024: Comedy Improv Workshop for d/Deaf community
We laughed our socks off at the Improv Comedy Theatre Workshop, where members of
the d/Deaf community created hilarious scenes. This was a 3 hour session where people
from the the d/Deaf community workshopped with professional facilitator5 and artists to
reate side-splitting jokes, witty banter and outrageous skits. This in-person workshop
took place at the MAC Theatre, Belfast.
January and February 2024: Insplring Access: Arting Workshop for d/Deaf community
Our collaboration with the Grand Opera House enabled us to offer an acting workshop
for the d/Deaf community. It helped us raise awarene55, lift self esteem, bring the
hearing and non hearing community together, develop acting skills and improve
communication through BSL Some participants at the workshop said: 'today was
wonderful, magical. inspirin& innovative. confidence building, heart warming, pla￿Ul,
challening and safe!.

CRE8 THEATRE LTD
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 29 February 2024
February 2024: Deaf Arts Festival Nl 2024".
The month of February also saw all the work behind the scenes in preparation for the
Deaf Arts Festival Nl March 2024
Beneficiarles of Cre8 Theatre:
l. d/Deaf Communlty Nl:
Cre8 Theatre Ltd are working on nurturing relationships and building on their work with the
d/Deaf community Nl. adults, young people and artists. Featuring the people of this
community in the programming of year two of the Deafs Arts Festival Nl 2024.
Cre8 Theatre Ltd are growing the festival experiences and engagements. such as:
Connecting with more partners
Increasing accessibility
Integrating deaf and hearing communtties
Raising cultural awareness of the d/Deaf community Nl
Curating a unique catalogue of public facing work that engages
communities in a sustained programme of outreach, skills
training and collaboration
2. d/Deaf artists:
We are working hard on ensuring deaf artists are involved in relevant projects from
project inception. Incorporating their skills, knowledge and creativity from the seed of
the idea, through to project forming and shaping to the end produrt.
3. Hearing people and artists:
We are blending deaf and hearing people and artists together in all of our processes,
driving integration in Nl forward. against all odds. Invigorating and rewriting the
narrative for access and inclusion of the marginalised d/De3f community and giving
time and space forhearing people and artists to learn about deaf culture and have new
found knowledge about this community. Including progressing sign language education.
4. Nl Venues:
We are opening eyes and access in Nl. for example we are offering BSL workshops in
host festival venue MAC Theatre Belfast. Helping and encouraging the venue to think
more about accessibility and its output and day to day produrt.

CRE8 THEATRE LTD
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 29 February 2024
S. Children and Young people..
We are continuing our work with the children and young people across Nl offering summer
schemes and holiday workshops in theatre skills.
6. Intercultural Communities:
We are annually delivering our programme 'Sunni Explores- Respecting Differente,. which in its
design connects with ethnic minority communities Nl. This programme has huge reach as tt's
delivered digitally across Nl and beyond. For example. delivering to 120,000 young people
in their school settings in the last 2 years.
7. Older people:
We are engaging older people in care home settings in 2024 with our project Theatre in your
front Room, which will see older community participants engage in workshops in puppetry.
songwriting, storytelling and music. Their stories being shaped into a touring piece of live
theatre perfomerd by professional artists.
8. Rural Ilving:
We are and will continue to programme outreach activtty that occurs regionally and rurally
in Northern Ireland for all ages.
Public benefit:
Cre8 Theatre Ltd's aim is to provide accessible professional theatre and arts experience5 for all
people. Varying project to project especially focussing on children and young people and
adults, ethnic minorities, marginalised communities including the d/Deaf community and older
people in Northern Ireland. Promoting creativity, making arts accessible and enjoyable for all.
The benef it of our work is to provide accessible professional theatre and arts experiences for
all families, children and young people ensuring p05tive impacts on:
Confidence and self-esteem
Personal development lincluding understanding themselves and others better)
Social development (including potential to challenge cultural prejudices and
societal differences)
Emotional development (including the development of empathy and Emotionall
ioi
io

CRE8 THEATRE LTD
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 29 February 2024
In addition, the benefits of promoting creativity in the lives of children and young people
means that engaging in creative attivities can help develop intrinsic human qualtties,
such as communication. expression, identity, culture and imagination, helping children
and young people to shape their individual, community and global identity.
Plans for future projerts:
In the year of March 2024 to February 2025 Cre8 Theatre Ltd will offer:
March 2024: Deaf Arts Festival Nl 2024 which will also showcase a new d/Deaf artist
Cre8 production The Fishermans Friend,.
Aprll 2024: Scriptwriting and rehearsals.
May 2024.. Collaboration with Grand Opera House. Creative Learning Dept. and
Jordan5town School about offering access to performing arts training.
June- July 2024: Theatre in Your Front Room. Show Tour funded by Mid & East Antrim
Borough Council and Arts Council Nl REAP Programme.
August 2024: Ards and North Down Summer Scheme and Grand Opera House Grand
Family Festival d/Deaf artistic workshops.
September- October 2024: 'Sleeping Beauty. remount and theatre tour to Courtyard
Theatre. Newtownabbey and GOH Studio Series and delivery of accompanyin8 deaf arts
BSL workshopsacross schools around Northern Ireland, under the 'First Steps to Sign
Language Programme..
January-February 2025: Belfast City Council school tour of 30 schools in the borough,
educating about recycling and the environment.
Thank you to our funders:
Cre8 Theatre Ltd is truly grateful for the financial support it receives from its range of
funders. The ongoing funding has enabled Cre8 Theatre Ltd to meet its missions to
deliver visually stunnin& innovative theatre that enriches, educates and entertains all
everyone involved and to continue to ensure that younE people and adults across
Northern Ireland continue to benefit from our artistic productions and that we could
continue to create new innovative project5 for the future.
li

CRE8 THEATRE LTD
TRUSTEES. REp(￿TIC&￿TINuED)
F(¥1 THE YEAR ENDED 29 February2024
Funders have included..
Belfast Citycouncil (Good Relations/Arts and Heritage/Community Festivals)
Arts Council Nl (Lottery)
Halifax Foundation Nl
University of Ulster
Financial review..
Cre8 Theatre Ltd'stotal annual incomefor theyearamounted to £117,642
12023: £111,581lwithtotal annual expenditureof £128,316 (2023.. £61,817). The
total deficit was £10,674 (2023 . surplus £49,763). Unrestricted reserves were£19,635
12023 . -£7,199) and Restricted reserves were£14,296 (2023 .' £51,804).
Reserves..
Thetrustees haveexamined thecharIt￿$ reserves in light of the main risks to funding
theorganisation. The trustees continuallyobservethe levd of reserves, assessing if
reserves areadequate and m&t theneeds of thecharity, asthey are aware of the
futurefunding pots and projectsthecompanywill be running.
Risk management..
The board meets on a quarterly basrs wheretheyexaminethecurrent strategic risks
faced bythecompany. Actions are agreed at thesemeetin8Sto mitigateagainst these
risks.
Trustee Approval:
Approved byorder oftheboard of trustees on 18th Ortober 2024 and signed on its behalf by..
IEIL OLkoELf 20
18th October 2024
12

CRE8 THEATRE LTD
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 29 February 2024
The trustees are responsible for preparing the Trustee Report and the accounts in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Pratticel.
The law applicable to charities in Northern Ireland requires the trustees to prepare accounts for
each financial year which give a true and fair view of the state of affairs of the charity and of
the incoming resources and application of resources of the charity for that year.
In preparing these accounts, the trustees are required to
selert suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP:
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed. subject to any material
departures disclosed and explained in the accounts. and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable them to ensure
that the accounts comply with the Companies Act 2006, the Charities (Accounts and Reports)
Regulations (Northern Ireland) 2015, and the provisions of the trust deed. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for
the prevention and detection of fraud and other irregularities.
13

CRE8 THEATRE LTD
INDEPENDENT EXAMINERS REPORT
FOR THE YEAR ENDED 29 FEBRUARY 2024
I report on the accounts of Cre8Theatre Ltd for the year ended 29 February 2024.
RESPECTIVE RESPONSIBIUTIES OF TRUSTEES AND EXAMINER
The trustees who are also the direttors of Cre8 Theatre Ltd for the purposes of company law,
are responsible for the preparation of the accounts. The Trustees consider that an audit 15 not
required for this year under section 6519llbl of the Charities Act (Northern Ireland) 2LX18 and
that an independent examination is needed.
It is my responsibility to..
examine the accounts under section 65 of the Charities Art
follow the procedures laid down in the general Dirertions given by the Charity Commi55ion
under section 651gllbl of the Charities Art
state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the general directions given by the Charity
Commission. An examination includes a review of the 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 atcounts and seeking explanations from you as trustees
concernin8 any such matter5. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequently no opinion is given as to whether the accounts
present a 'true and fair view, and the report is limited to the matters set out in the next statement.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no other matter except that referred to in the previous
paragraph has come to my attention:
lal which gives me reasonable cause to believe that in any material respect the requirements..
lil to keep accounting records in occordance with section 386 of the Companies Act 2006,.
and
lill to prepare accounts which accord with the accounting records, comply with the
accountin8 requirements of 396 ofthe Companies Act 2(M)6 and with the methods and
principles of the Statement of Recommended Prartice: Accounting and Rerportin8 by
Charities,. have not been met, or
Ibl to which, in my opinion. attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Amanda Harblnson, FCA
Corrigan CA Limited, 24 Greystone Road, Antrlm, BT412QN
DATE
14

CRE8 THEATRE LTD
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 29 FEBRUARY 2024
Note
Unrestrirted
Funds
Restrirted
Funds
Total
2024
Total
2023
Incorning Resources
Charitable Activities
Other Income
Trading Activitie5
36,CKI2
450
16,084
65.106
101.108
450
16,084
110,952
629
Totsl Recelpts
52.536
65,106
117,642
111,581
Payments
Charitable artivities
Support Costs
24,142
1.560
102,614
126,756
1,560
61,817
Totsl Payments
25,702
102.614
128,316
61,817
Net receipts / Ipaymentsl
Transfers between funds
26,834
-37.508
-10.674
49,763
Net movement in funds
Funds brought forward
26,834
-7,199
-37.508
51,804
-10,674
44.605
49,763
-5,158
Funds carried forward
19,635
14,296
33.931
44,605
15

CRE8 THEATRE LTD
BALANCESHEET
FOR THEYEAR ENDED 29 FEBRUARY 2024
2024
2023
Fixed Assets
Current Assets
Cash At Bank and in hand
Lcrued Income
33.892
12,567
56,768
46.459
56,768
Creditors: amountsfalline due
within one year
-7,430
-7,064
NEfcuRRENT ASSEf5
39.029
49,703
Creditor% •nounts greater than
one year
-5,098
-5,098
Net Current Assets
33,931
44,605
Total assets lesscurrent liabilities
33.931
44,605
Income Funds
Restricted Funds
Unrestricted Funds
14,296
19,635
51,804
-7,199
io
33.931
44,605
Fortheyear ended 31 March 2024 thecompanywas entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to Small Companies.
The members have not required the companiy to obtain an audit of itsaccounts for the year
in question i n accordance with section 476.
Fortheyear ended 31 March 2024 thecompanywas entitled to eKemption from audit under
section 477 of the Companies Act 2006 relating to Small Companies.
The members have not required the companiy to obtain an audit of itsaccount5 for theyear
in question in accordance with section 476.
The trustees acknowledge their responsibilities for complyingwith the requirements of the
t with respect to accounting recordsand the preparation of the accounts.
These accounts have been prepared and delivered in accordance with theprovisions
applicable to companies subject to the small companies regime.
Appr
by the Board on and signed on 18th Cttober 2024 its behalf by:
Darr
n Fergu
na Bell
16

CRE8 THEATRE LTD
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
Accounting Pollcies
8asis of preparation
The financial statements of the charitable company. which is a public benefit entity under FRS 102. have
been prepared in accordance with the Charities SORP IFRS 1021 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 (FROS 1021 leffective I
January 20151 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland Companies Art 2006". The financial statements have been prepared using the historical
cost convention.
Charitable Fund5
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the charitable
objective5 unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes
and uses of the restricted funds are set out in the notes to the financial 5tstements.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
staternents.
Incomin8 Resource5
Income from charitable attivities is recognised when the charity is legally entitled to it after anv
performance conditions have been met. the amounts can be measured reliably. and it is probable that
the income will be received.
Income from grants, whether'capitsl, or'revenue, grants is recognised when the charity ha5
entitlement to the funds, any performance 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.
Income from donations and legaices are recorded as received as entitlement arises at that stage and are
classified as restrirted or unrestrirted accordin8 to any conditions stipulatedlintended by the donor.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably
by the charity. This is normally upon notification of the interest paid or payable by the bank.
Resources Expended
Expenditure on charitable activities is recogni5ed once there 15 3 legal and constructive obligation to
transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. The charity is below
the charity audit threshold and therefore is exempt from reporting expenditure on an activity basis. The
charity has opted to report by the nature of expenditure rather than on an artivity basis.
17

CRE8 THEATRE LTD
NOTES TO THE FINANCIAL STATEMEltrs
FOR THE YEAR ENDED 29 FEBRUARY 2024
Accountin8 Policffices Icontlnuedl
Flxed ossets ond depre¢iotlon
All fixed assets are initially recorded at cost. Oepre¢iation is provided on all tangible
fixed as5et5 at rates calculated to write off the cost. le55 estirnated residual value
based on process prevailing at the date of atquisition of each asset evenly over it5
expelled useful life. as follows..
Fixtures, Fittings & Office Equipment- 20% straight line b3515
Tvxotlon
The charity 15 exernpt from corporation tax on 115 charitable aclivities.
2. Incomè fr¢Nn Charftabl* Artlvities
Unrestrfrted
Funds
2014
Restrlrted
Funds
2024
Total
Totsl
Z024
1023
Grants Receivable
Donations
Events
Other Incorne
65.106
65.106
110.952
34.￿2
450
36.452
34.¢XJ2
450
101.558
629
111,581
65.106
Analys55 ol Grants RKeivable
1024
20Z3
Unrestricted Grants
Antrim & Newtownabty Borough Council
Ards & North Down Borough Council
Arrnagh. Banbridge & Craigavon 8orough Counci
Arts Council Nl
Belfast City Council
Causeway Coast & Glens Borough Council
Community Relatsons Nl
Enterprise Causewty
Grand Opera House
Halifax Fout)dation Nl
Mid & East Antrim Borough Council
Newry 8orough Council
University of Ulster
11.185
16,9XJ
14.867
22.S86
7.208
11,572
2.920
12.3EII
6.380
5.2Q)
19.876
21.273
22.331
65.106
110.952
3. Income from Tradln8 Activlties
Unre5tricttd
Funds
2014
Restrlcted
Funds
2014
Totsl
T¢)tal
2024
2023
Theatrical Produciion5'. Box off
16.084
16,084

CRE8 THEATRE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
Total resources expended
Z024
2023
Included in Direct
Cost of Goods Sold
Subcontractor Fees
Event Expenses
Artist Fees
Project Equipment Cost
Wages & Salaries
Pensions Costs
Bank Fees
Consulting
Entertainment
Storage Facilities
General Expenses
Insurance
Interest Paid
Van Hire/Rental
Car parking
Printing & Stationery
IT Software & Consumables
Room/Venue Hire
Staff Training
Subscriptions
Travel - National
Audit & Accountancy
30
24.031
16,305
4,789
221
11,817
53.142
10,384
39,690
16
17,768
526
28
734
154
1.176
75
608
310
1,450
302
240
19
204
62
135
259
900
355
123
35
325
410
54
404
151
25
868
126,756
61,817
Anoly5ed os."
Restricted Funds
Unrestricted Funds
102.614
24,142
126.756
47,962
13,855
61.817
Included In Other
Audit & Accountancy Fees
1.560
1,560
Analy5ed a5..
Restricted Funds
Unrestricted Funds
1,560
1.560
19

CRE8 THEATRE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
Related Parties
There are no related party transartions to be disc105ed.
Included in creditors there is a total balance of £10.737 owed to Sarah Lyle. Sarah 15 also
an employee of the charity.
Employees
The average number of employees during the year was l. {2023, 1 employee).
At the end ofthe year there were l employee.
Creditors: Amounts Falling DUÈ Withln One Year
2024
2023
Trade Creditors
Payroll Creditors
Directors Current Account
1,435
356
5,639
-738
2.163
5,639
7.430
7.064
Credltor5: Amounts Falling Due Greater Than One Year
2024
2023
Directors Loan
5,098
5,098
Analysls of net assets between funds
Unrestricted Restrirted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Fund5
2023
Tangible Fixed assets
Current assetsllliabilitiesl
Long Term Liabilities
19.635
14.296
33.931
44,605
19.635
14.296
33,931
44,605
20

CRE8 THEATRE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
10. Movement In funds
At
01103123
Incominz
Resources
Resources
Expended
At
2912124
Fund
Unrestricted
Restricted
-7,199
51,804
44,605
52.536
65.106
117.642
25,702
102,614
128,316
19,635
14,296
33,931
11. Company limited by guarantee
The company is limited by guarantee not having a share capital. The liability of each of its
members is limited to £1.
12. Independent Examiners Rernuneration
The independement examiner's remuneration was £1.660.
13. Trustee's Rernuneration And Benefits
No trustee5 received any remuneration or other benefits for the year ended 29th February 2024
nor for the year ended 28th February 2023.
Trustee Expenses
There were no trustee expenses paid for the year ended 29th February 2024 nor for the year ended
28th February 2023.
21