KIT THEATRE C.I.C.

Company limited by guarantee

Company Registration Number:
09812512 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2023

Period of accounts

Start date: 1 April 2022

End date: 30 March 2023

KIT THEATRE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KIT THEATRE C.I.C.

Directors' report period ended 30 March 2023

The directors present their report with the financial statements of the company for the period ended 30 March 2023

Principal activities of the company

The principal activity of the company in the period under review was that of a Non Profit Organisation providing performing arts lessons to the local community.



Directors

The director shown below has held office during the whole of the period from
1 April 2022 to 30 March 2023

Thomas William James Bowtell


The directors shown below have held office during the period of
10 March 2023 to 30 March 2023

Amber D'Albert
Callum Lee
Katrina Nillson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 March 2024

And signed on behalf of the board by:
Name: Thomas William James Bowtell
Status: Director

KIT THEATRE C.I.C.

Profit And Loss Account

for the Period Ended 30 March 2023

2023 2022


£

£
Turnover: 201,330 189,841
Cost of sales: ( 152,090 ) ( 154,200 )
Gross profit(or loss): 49,240 35,641
Administrative expenses: ( 9,922 ) ( 19,514 )
Operating profit(or loss): 39,318 16,127
Interest payable and similar charges: ( 184 ) ( 219 )
Profit(or loss) before tax: 39,134 15,908
Tax: ( 7,572 ) ( 3,022 )
Profit(or loss) for the financial year: 31,562 12,886

KIT THEATRE C.I.C.

Balance sheet

As at 30 March 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 5,360
Cash at bank and in hand: 66,499 116,878
Total current assets: 71,859 116,878
Creditors: amounts falling due within one year: 4 ( 27,413 ) ( 103,994 )
Net current assets (liabilities): 44,446 12,884
Total assets less current liabilities: 44,446 12,884
Total net assets (liabilities): 44,446 12,884
Members' funds
Profit and loss account: 44,446 12,884
Total members' funds: 44,446 12,884

The notes form part of these financial statements

KIT THEATRE C.I.C.

Balance sheet statements

For the year ending 30 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 March 2024
and signed on behalf of the board by:

Name: Thomas William James Bowtell
Status: Director

The notes form part of these financial statements

KIT THEATRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents sales of services net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

    Other accounting policies

    Employee benefitsContributions to defined contribution plans are expensed in the period to which they relate.Current taxationCurrent tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which arerecognised in other comprehensive income.Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, orpast, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the taxrates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where paymentsto HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of taxrecoverable.

KIT THEATRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 6 2

KIT THEATRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

3. Debtors

2023 2022
£ £
Other debtors 5,360
Total 5,360

KIT THEATRE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 17,250 97,650
Taxation and social security 8,365 3,437
Accruals and deferred income 1,575 2,641
Other creditors 223 266
Total 27,413 103,994

COMMUNITY INTEREST ANNUAL REPORT

KIT THEATRE C.I.C.

Company Number: 09812512 (England and Wales)

Year Ending: 30 March 2023

Company activities and impact

The company's activities provide benefit to children and young people, particularly receptionage and primary school children aged 5-11 through educational theatre workshops in schoolsand theatre venues. The company also provides training and professional development toteachers and educators inside and outside school.Core Activity 1: Educational Projects for ChildrenBetween 06 April 2022 and 05 April 2023 KIT Theatre C.I.C delivered educational theatreprojects to approximately 3500 pupils at Primary Schools in London, Essex and Bridlington.These projects delivered formal learning to disadvantaged pupils using the 'Adventures inLearning' format developed by company director Tom Bowtell, who wrote and directed allindividual performances.These projects combine interactive theatre, digital tools and game mechanics to createnarratives which cast participating pupils as heroes. Pupils are tasked with solving problemsand completing missions which relate to their core national curriculum topics.The work benefits pupils in the following ways:- Provides engagement for disadvantaged young people who might be struggling to engagewith learning through traditional means.- Boosts self-esteem of pupils as they are cast as heroes and feel a sense of achievement atsuccessfully completing their missions.- Offers cultural opportunities (in the form of experiencing theatre and developing pupils' owncreative talent) which many pupils do not have access to in their home lives.Core Activity 2: Training and Professional Development for teachers06 April 2022 and 05 April 2023, KIT Theatre has delivered training to 82 primary school teachers and 25 classroomassistants. These training sessions have been delivered independently and as part ofAdventures in Learning delivery in schools (see Core Activity l). These sessions offerContinued Professional Development to teachers by training them how to use immersivetheatre, simple digital tools and game mechanics to motive children to engage with learning.This work benefits teachers by:- Expanding their range of teaching techniques, enhancing their employability.- Offer teachers increased job satisfaction (helping potentially to arrest the loss of teachersfrom the profession.)- Offering them ways to bring creativity and pupil talent development into the delivery ofdemanding National Curriculum which leaves little space for extra-curricular activity inschools.Core Activity 3: Talent Development for young peopleA key part of each Adventure in Learning project is talent development: as part of each projectpupils are required to create their own story or take the lead in crafting their own piece oftheatre.This work benefits pupils by:- Providing a confidence and self-esteem boost by offering them a chance to explore anddevelop their talents.- Providing professional guidance to allow pupils to develop skills and build a foundationtowards a potential career in the arts.

Consultation with stakeholders

KIT’s Stakeholders are:1) Funders such as Arts Council England, Paul Hamlyn Foundation & John Lyon Charity.These funders were consulted through regular reports and update conversations. All KIT’smain funders require detailed end-of-grant reporting where we share outcomes from theirfunding.2) Schools and Teachers: We begin partnerships with schools by consulting with them andtheir teacher teams to understand the needs of their pupils and particular ambitions to focusour work towards. This feedback cycle means our programme is under constantredevelopment as the environment inside schools evolves.3) Young people: We consult young people during ‘listening projects’ where we offer freecreative workshops which allow us to understand the ideas which are occupying youngpeople’s minds (such as Climate Change) and the types of stories and activities which fuelstheir imaginations. We also consult with young people following delivery as part of ourongoing research and evaluation programmes.4) Artists: We have a team of more than 35 freelance artist associates who deliver our workand we consult them following each performance to understand what worked well and whereimprovements are needed.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 February 2024

And signed on behalf of the board by:
Name: Thomas Bowtell
Status: Director