2024-04-30-accounts

Orkne Tbeat SC 025758

S¢ottish Charity Nwni%r SC025758 I'ru%tte8 R¢¢ryltmellt AppofDtment of Tru&tees All of the SCIO'S trusteu arc apJx>inied or rvdppoint4lbyth¢mirnbers at our annuaj gcncrnj rneering which is hdd in Septttnb￿10th0ber eadj year. Gov¢rnknJg The Orkney Theatreis a Scottish charitsble incorporatd organisation an& the puwses and administration 4ry4ng(xTrcnts arc s¢t out Ill OUT Constitution. Chrltbk F￿r￿e5 r puryoses as rttordLuI in our constituii(x) areth¢adv8nu¥ntht of Eduution. thc Arts, Huitagq Culture and Scicnce. ActlTrltles ArÈd Achlevement8 Thts ye4r the Ojkney Theatre was able to host a programme of vents and the trading results aremuth 5mPTOVUI. Tru6te¢s Rtmllttergdoll ExpeMse$ All trustees ar¢ vDlunteeTS atMI receive llo r¢mun¢ration an41 no ¢Kwses have been claiTtwJ. ResÈrvÈi Thc ￿serv￿ ar¢ suffiLi¢nt iu coiiiiiiur Ility didrilV'S vp¥fdlllll)s fvr iIiiTrr¥ Ilidll uiir yeaT. On t)ehalf of the tr￿￿ee4

STATEMEIYT OF FINANCIAL ACTIVITIES 2023 2024 ALL UNRESTRICTED FUNDS INCOMING RESOURCES From Clwitable Trnding Activtties 32.291 46,630 32,291 46,630 RESOURCES EXPENDED Charitable Activities Wages 12,941 12,874 Other Costs 9.913 19216 Depreciation 2,703 1515 25.557 33,605 NET INCOMING RESOURCES 6,734 13,025 FUNDS BROUGHT FORWARD 38.165 44,899 44,899 S7,924

Orkne ' Th tr AT APRIL 21123 2024 Ffixed Asse Equipmellt As at 30 April 2023 Additions 5,116 2,413 5.116 2,703 2,413 I￿15 2,413 Deduct D¢pr¢ciation Stt>ck._ 942 583 Sta8e Ligbting Equipment I,ooI 442 139 Sundry Debtors OJOI 43.108 Cash at BanL. On Treasurels Account 49922 44,772 57,1166 2,286 Dedu¢t Sundry Ctrditors 42,486 57,026 44.899 57924 Represen¢ed by:" 38.165 6,734 Surplus at 30 April 2023 Surplus for year 44099 13,025 44,899 57924 44,899 57,924 Signed as approved on 21 ()jli)li¢i" ?0•4

OTES Oli THE ACCOUNTS B4si$ of Preparation The financial siaiements have beellprepd￿d under the bisknycal cost coIiv¢Dtion and in accordance with the Statement of Recommended Practice.. A¢￿untItig 8nd Reporting by Charities issued in March 2005. Funds Structhre Unrestyicied income funds con)prise those fimds which ihe cotnmittee are free to use for any purpLBe in fiwthernice of the ¢harÉtable objects. Intomlng Resollrees AU incoming resour¢e$ aTe reco￿ls¢d once th¢ ¢harity has entitlement to the resourcts, it is c¢rtain that tbc rcsowct% will be received and the monetary value of incomitig r¢soU￿e& can be nieRsured with sufficient reliabtlity. Rewurces EIpended Liabilities are recogniscd as ruourres ¢xp¢nd¢d as soon a8 th¢rc is a l¢gal Constn￿lIve obligation ¢on)mittin8 the ¢harity to the ¢XF¢ndin]r¢. All expenditure is accounted foron an accruals basis. and has been classified ￿t￿er l￿dIngS that aggregate all cosls related to the ¢8t¢gory. The charity cotntnitttt h&8 considered rnajor risks to which the charity is expo8ed and has reviewed those risks and est#blish¢d sygtems and prnK¢dures to r(wJage those Tisks. The ¢omtnitt¢e aim to Inaintsin fr¢¢ r¢5crv65 in its unrestrictcd funds at a Icvel Mthich equates to approximately one yeovs charitabl¢ expenditUTe. Th¢ Committee consider that thi's more th2n cover8 any polential liabililiGs arising.

Inde endtnt Ex#mlner's Re orttoth T I rq)ort on the a¢cowits of the cl)ar&ty ftsr thE year ended 30 April 2024 as pzt out in the a¢¢ompanying pag&* Respeetlve rwllliblities of trustees and exADthier The eh£riW$ trnstees ar¢ responsible for tbe prepantioll of tb¢ ac¢ounts in a¢cordance with th¢ t¢mLS of the Charitie5 and TTustre Invesui)eni {Scotland) Act 2005 and the Charits"es Accounts (Scotland) Regulations 2006. The charity trustee5 constder that the audit requirement of Regulation 10111 (a) to (cl of the A¢counts Regujations do¢s not apply. It is our responsibility to exami￿ the accounts as required under section 44{1) ( e ) of the Act and io stste whether parttcular matterq have come to our attention. Ba515 of indep¢ndellt examlDer's statement Our ex2mination is carried out in aC￿rdance with Regulation I l of the Chariiies Accowits (Scotland) Regulauons 2006. An examination illcIL￿eS 8 revi¢w of th¢ a¢¢ounting records k¢pt by th¢ chartsty and a comparibon of th¢ accounts pr¢s¢nt¢d with those records. li ajso inclu cn&ble cause lo believe that in any material respect the requirements to keep accouniing records in aCWTdan¢c with S￿tion 44 (11 (a) of the 2005 Act and Regulation 4 of the 2006 Ac£i)unts Regulations, and io prepare accounts wlJR¢h ac¢ord with the accounting records and eomply witb

Orkne Tbeatre SCIO 2023 2024 Ineome 19,937 Theatre Lets 33,994 8268 Bar tncom¢ 9,868 4,086 Us¢T Royalti¢$ 2,768 32,291 4&630 Ex endlture 12941 Wa8es 12074 4,901 Bar- Cost of Sales 4076 401 Insurance 411 Sound. Lighting & Consunubles 8J97 Maintenance lJ14 Stationery, Postages and Advertisin8 592 308 Accountancy Fees 576 Payroll Fees 504 3,038 PRS Royalties 2.638 Trèining 2,703 Depreciation 1,515 2S,557 33,605 6,734 Net Siitplus for year 13,025