Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-31397268397268435096No description of principal activity2023-01-01false21182023-12-31 SC462181 2023-01-01 2023-12-31 SC462181 2022-01-01 2022-12-31 SC462181 2023-12-31 SC462181 2022-12-31 SC462181 2023-01-01 SC462181 2022-01-01 SC462181 c:CompanySecretary1 2023-01-01 2023-12-31 SC462181 c:RegisteredOffice 2023-01-01 2023-12-31 SC462181 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 SC462181 d:Buildings d:LongLeaseholdAssets 2023-12-31 SC462181 d:Buildings d:LongLeaseholdAssets 2022-12-31 SC462181 d:PlantMachinery 2023-01-01 2023-12-31 SC462181 d:PlantMachinery 2023-12-31 SC462181 d:PlantMachinery 2022-12-31 SC462181 d:CurrentFinancialInstruments 2023-12-31 SC462181 d:CurrentFinancialInstruments 2022-12-31 SC462181 c:FRS102 2023-01-01 2023-12-31 SC462181 c:IndependentExaminationCharity 2023-01-01 2023-12-31 SC462181 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC462181 b:Trustee1 2023-01-01 2023-12-31 SC462181 b:Trustee2 2023-01-01 2023-12-31 SC462181 b:Trustee3 2023-01-01 2023-12-31 SC462181 b:Trustee4 2023-01-01 2023-12-31 SC462181 b:Trustee5 2023-01-01 2023-12-31 SC462181 b:Trustee6 2023-01-01 2023-12-31 SC462181 b:Trustee7 2023-01-01 2023-12-31 SC462181 b:Trustee8 2023-01-01 2023-12-31 SC462181 b:TotalEndowmentFunds 2023-01-01 2023-12-31 SC462181 b:TotalEndowmentFunds 2023-12-31 SC462181 b:TotalEndowmentFunds 2022-12-31 SC462181 b:Activity1 2023-01-01 2023-12-31 SC462181 b:Activity1 2022-01-01 2022-12-31 SC462181 b:Activity1 b:TotalEndowmentFunds 2023-01-01 2023-12-31 SC462181 b:TotalUnrestrictedFunds 2023-12-31 SC462181 b:TotalUnrestrictedFunds 2022-12-31 SC462181 b:TotalRestrictedIncomeFunds 2023-12-31 SC462181 b:TotalRestrictedIncomeFunds 2022-12-31 SC462181 c:FullAccounts 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: SC462181
Charity number: SC044422














THE DUNDEE WHITEHALL THEATRE LTD
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
THE DUNDEE WHITEHALL THEATRE LTD
 

CONTENTS



Page
Reference and administrative details of the Company, its Trustees and advisers
1
Trustees' report
2 - 5
Independent examiner's report
6
Statement of financial activities
7
Balance sheet
8 - 9
Notes to the financial statements
10 - 19

 
THE DUNDEE WHITEHALL THEATRE LTD
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023



Trustees
  
Graeme Smith, Financial Director
Carmelina Waghorn, Chair
Ewan Campbell (appointed 9 August 2023)
Lee Corr (appointed 11 August 2023)
Lorraine Kidd (appointed 11 August 2023)
Ross Lesslie (appointed 11 August 2023)
Stuart Whyte (appointed 11 August 2023)
Donna Bell (appointed 1 September 2023)


Company registered number

SC462181

Charity registered number

SC044422

Registered office

Whitehall Theatre12 Bellfield StreetDundeeDD1 5JA

Company secretary

Donna Bell (appointed 23 May 2023)

Independent Examiner

Douglas RaeEQ Accountants Limited14 City QuayDundeeDD1 3JA

Page 1

 
THE DUNDEE WHITEHALL THEATRE LTD
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023


 
 

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

a. Policies and objectives
 

The primary objective of the company is the day-to-day operation of the Whitehall Theatre, to allow the venue to be used by both local amateur and visiting professional companies of all theatrical genres.
 

b. Activities undertaken to achieve objectives
 

The Company works to expand the use of the theatre in all areas of entertainment and works to increase community involvement. The Company works to expand the use of the theatre by young people and youth groups. The company continues to work with Leisure and Culture Dundee and other theatres in the area to enhance and expand entertainment in the city. The company strives to be the people's theatre in the city of Dundee and is a significant asset for the community. The company continues to improve the facilities to enhance patrons' experience and enjoyment of the venue.
 

c. Main activities undertaken to further the Company's purposes for the public benefit
 

2023 saw the return of a number of local youth theatre and dance groups, bringing a large number of young people back into the Theatre to perform. The range of genres booking in 2023 extended, with comedy, child’s education such as Science & Nature ,  documentary , Sport events finding new patrons for the Theatre , as well as a number of new promoters taking interest North of the Border.
Feedback from the public and from promoters continues to be extremely complimentary.
The positive feedback reflects the quality of the venue and the dedication and excellent service they receive from the theatre management, staff, and volunteers. The dedicated box office system has proved to be extraordinarily successful. All theatre shows are now primarily sold through the Whitehall system both in person and on line.
Building
The Directors and management continue to maintain, upgrade and renovate the Whitehall Theatre to accommodate changing tastes and to meet modern audience expectations and requirements, while retaining the building’s soul and identity. We continue to invest in technical capabilities in response to the requirements of both the local and national community theatre groups as well as the professional artists, many now on multiple years of booking with us.
The main projects for 2024 are a new electricity distribution board (scheduled from July 2023) the enclosure of the garden area, and the maintenance of the Caledonian Hall roof.
 

Page 2

 
THE DUNDEE WHITEHALL THEATRE LTD
 
Objectives and activities (continued)

d. Volunteers 
 

At the Whitehall Theatre we continue to value and invest in our body of volunteers. The growth of the Theatre in 2023, along with a decline in volunteer availability the Board made the decision to move to Paid Contracts for the Front of House team. All volunteers were invited to apply, and a Volunteer thank you evening and briefing was held in the late Autum. As a result of this and external advertising (in partnership with Dundee City Council) the Theatre have recruited 28 additional new team members to support the busy Theatre schedule. Additional individuals were trained to support the Box Office to ensure we can provide on the evening purchase as well as advance bookings.
 
During the last year The Board were delighted to award a pay rise to staff taking the pay rates above the National Minimum Wage and will continue to review the Pay & Benefits as part of the next Business Planning for the period 2025-2027.
 
With the future bookings for 2024, it is expected that the overall number of employees will grow; with increasing number of “House Full “signs having become a frequent occurrence.
 
The Theatre produced a new Christmas Show, this year the Board appointed a Producer / Musical Director who selected talent from the local Theatre Groups and ran over 2 nights. As part of this the Theatre offered free / reduced price tickets to agencies / groups supporting individuals with mental health / learning development and other additional needs which was well received.
 

 

Page 3

 
THE DUNDEE WHITEHALL THEATRE LTD
 
Financial review
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

b. Reserves policy
 

The unrestricted reserves at 31 December 2023 amount to £217,548 (2022 - £198,634). This exceeds the reserves needed to ensure continued running of the company.
 

Structure, governance and management
 

a. Constitution
 

The Dundee Whitehall Theatre Ltd is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
 

b. Methods of appointment or election of Trustees
 

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
In May 2023, The Theatre Board, with the future and accelerating growth in mind, agreed to extend the size of the Board. A number of individuals were invited, and their applications scrutinised by the existing Board members. As a result, 6 new individuals joined, with 2 retaining their role on the Theatre Trust. A new Company Secretary was appointed, along with a Non-Executive Director with oversight of the Technical & Production aspects of the Theatre. All of the new appointees have an on going active involvement with Theatre (professional and local), and this with their external professional skills is bringing significant benefit to the Board.
 

c. Organisational structure and decision-making policies
 

The Directors at the date of this report and through the year are shown on page 1.
 

Page 4

 
THE DUNDEE WHITEHALL THEATRE LTD
 
Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees 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 its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.


The Trustees 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, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). 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.


 

Approved by order of the members of the board of Trustees on 17 June 2024 and signed on their behalf by:
 




Graeme Smith
Trustee
Page 5

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DUNDEE WHITEHALL THEATRE LTD

 
I report on the accounts of the company for the year ended 31 December 2023 which are set out on pages 7 to 19.


RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER


The trustees, who are also directors of the company for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 ('the Act') and the Charities Accounts (Scotland) Regulation 2006 ('the Accounts Regulations'). The trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.


BASIS OF INDEPENDENT EXAMINER'S STATEMENT


My examination was carried out in accordance with regulation 11 of the Accounts Regulations. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.


INDEPENDENT EXAMINER'S STATEMENT


In the course of my examination, no matter has come to my attention:


1.
which gives me reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 44(1)(a) of the Act and regulation 4 of the Accounts Regulations; and

to prepare financial statements which accord with the accounting records, Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland (FRS 102) and in other respects comply with regulation 8 of the Accounts Regulations

have not been met; or

2.
to which, in my opinion, attention should be drawn in order to enable proper understanding of the financial statements to be reached.






Signed:      Dated: 18 June 2024

Douglas Rae     CA 

EQ ACCOUNTANTS LIMITED
Chartered Accountants
14 City Quay
Dundee
DD1 3JA
Page 6

 
THE DUNDEE WHITEHALL THEATRE LTD


 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023


Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
Note
        £
        £
        £

Income from:






Donations and legacies

2

15,486

15,486

37,008
 
Charitable activities

3

201,198

201,198

229,444
 
Other trading activities

4

173,781

173,781

163,993
 
Investments


3,922

3,922

372
 
Total income
394,387
394,387
430,817
Expenditure on:






Raising funds

5

57,761

57,761

72,518
 
Charitable activities

7

317,712

317,712

311,016
 
Total expenditure
375,473
375,473
383,534

Net movement in funds
  
18,914
18,914
47,283

Reconciliation of funds:

  




Total funds brought forward

  

198,634

198,634

151,351
 
Net movement in funds

  

18,914

18,914

47,283
 
Total funds carried forward
  
217,548
217,548
198,634

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 10 to 19 form part of these financial statements.

Page 7

 
THE DUNDEE WHITEHALL THEATRE LTD
REGISTERED NUMBER: SC462181


 
BALANCE SHEET
AS AT 31 DECEMBER 2023


2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 11 
2,470
3,995

  
2,470
3,995

Current assets
  

Stocks
  
7,709
7,227

Debtors
 12 
3,657
12,094

Cash at bank and in hand
  
510,341
478,458

  
521,707
497,779

Creditors: amounts falling due within one year
 13 
(306,629)
(303,140)

Net current assets 
  
 
 
215,078
 
 
194,639

Total assets less current liabilities
  
217,548
198,634

Net assets excluding pension asset 
  
217,548
198,634

Total net assets 
  
217,548
198,634


Charity funds
  

Restricted funds
 14 
-
-

Unrestricted funds
 14 
217,548
198,634

Total funds
  
217,548
198,634

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

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

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 17 June 2024 and signed on their behalf by:




Graeme Smith
Trustee
Page 8

 
THE DUNDEE WHITEHALL THEATRE LTD
REGISTERED NUMBER: SC462181


 
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023


The notes on pages 10 to 19 form part of these financial statements.

Page 9

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.ACCOUNTING POLICIES

  
1.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Dundee Whitehall Theatre 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.

  
1.2

Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measure reliably.  In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees' report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

  
1.3

Expenditure

Expenditure is recognised once there is a legal or 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. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

Page 10

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.ACCOUNTING POLICIES (CONTINUED)

1.3

Expenditure (continued)

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

 
1.4

Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Tenant's additions
-
100% Straight line
Plant and machinery
-
20% Straight line

  
1.5

Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

  
1.6

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Investment income, gains and losses are allocated to the appropriate fund.

Page 11

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.

INCOME FROM DONATIONS AND LEGACIES




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £
 


 
Donations

15,486

15,486

12,183
 
Government grants

-

-

24,825
 


15,486
15,486
37,008


3.

INCOME FROM CHARITABLE ACTIVITIES




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Theatre income

201,198

201,198

229,444
 


4.

INCOME FROM OTHER TRADING ACTIVITIES

Income from non charitable trading activities




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Advertising income

-

-

6,000
 
Food and beverage sales

173,781

173,781

157,993
 


173,781
173,781
163,993

Page 12

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.

EXPENDITURE ON RAISING FUNDS







Other trading expenses




Unrestricted funds
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Bar expenses

57,761

57,761

72,518
 


6.

ANALYSIS OF GRANTS




Grants to Institutions
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Donations to Whitehall Theatre Trust

41,353

41,353

54,197
 
Total 2022


54,197
54,197

Donations to Whitehall Theatre Trust represents expenditure on building improvements necessary for the continued operation of the premises by the company but which would, in the event of termination of the lease, be retained by the Trust as landlord.


7.

ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES


Summary by fund type




Unrestricted funds
2023
Total
2023
Total
2022
        £
        £
        £




Fundraising trading expenses

317,712

317,712

311,016
 

Page 13

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.

ANALYSIS OF EXPENDITURE BY ACTIVITIES






Activities undertaken directly
2023
Grant funding of activities
2023
Support costs
2023
Total
funds
2023
Total
funds
2022
        £
        £
        £
        £
        £






Charitable activities

270,249

41,353

6,110

317,712

311,016
 
Total 2022


251,802
54,197
5,017
311,016


ANALYSIS OF DIRECT COSTS



Total
funds
2023
Total
funds
2022
        £
        £



Staff costs

113,945

96,569
 
Depreciation

1,525

5,287
 
Rent and rates

5,607

5,666
 
Heat and light

24,897

26,753
 
Insurance

17,004

12,507
 
Telephone

2,143

2,801
 
Cleaning

22,419

21,368
 
Travel expenses

-

480
 
Advertising and promotion

2,622

9,523
 
Printing, stationery and postage

589

1,324
 
Equipment hire

42,066

36,326
 
Repairs and maintenance

8,333

15,841
 
Training

-

434
 
Sundry expenses

13,573

2,992
 
Legal and professional fees

2,781

2,589
 
Bank charges

12,745

11,342
 


270,249
251,802

Page 14

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.ANALYSIS OF EXPENDITURE BY ACTIVITIES (continued)

ANALYSIS OF SUPPORT COSTS




2023
Total
funds
2023
Total
funds
2022
        £
        £
        £




Governance costs

6,110

6,110

5,017
 


9.



STAFF COSTS


2023
2022
£
£


Wages and salaries
110,574
95,261

Social security costs
-
256

Contribution to defined contribution pension schemes
3,371
1,052

113,945
96,569

The average number of persons employed by the Company during the year was as follows:


2023
2022

No.
No.


Employees
21
18

No employee received remuneration amounting to more than £60,000 in either year.




The employee benefits of key management personnel totalled £28,816. 


10.


TRUSTEES' REMUNERATION AND EXPENSES

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).

During the year ended 31 December 2023, no Trustee expenses have been incurred (2022 - £NIL).

Page 15

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

11.


TANGIBLE FIXED ASSETS




Tenant's Improvements
Plant and machinery
Total

£
£
£


Cost or valuation

At 1 January 2023
262,046
36,163
298,209


At 31 December 2023

262,046
36,163
298,209


Depreciation

At 1 January 2023
262,046
32,168
294,214

Charge for the year
-
1,525
1,525


At 31 December 2023

262,046
33,693
295,739


Net book value


At 31 December 2023
-
2,470
2,470


At 31 December 2022
-
3,995
3,995


12.



DEBTORS


2023
2022
£
£


Due within one year

Prepayments and accrued income
3,657
12,094

3,657
12,094


13.



CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023
2022
£
£


Other taxation and social security
16,447
13,747

Accruals and deferred income
290,182
289,393

306,629
303,140

Page 16

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

14.

STATEMENT OF FUNDS


STATEMENT OF FUNDS - CURRENT YEAR

Balance at 1 January 2023
£
Income
£
Expenditure
£
Balance at 31 December 2023
£

Unrestricted funds





General Funds - all funds

198,634

394,387

(375,473)

217,548
 



STATEMENT OF FUNDS - PRIOR YEAR

Balance at
1 January 2022
£
Income
£
Expenditure
£
Balance at
31 December 2022
£

Unrestricted funds





General Funds - all funds

151,351

430,817

(383,534)

198,634
 




Page 17

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

15.

SUMMARY OF FUNDS


SUMMARY OF FUNDS - CURRENT YEAR

Balance at 1 January 2023
£
 
Income
£
 
Expenditure
£
 
Balance at 31 December 2023
£
 
General funds

198,634

394,387

(375,473)

217,548
 


SUMMARY OF FUNDS - PRIOR YEAR

Balance at
1 January 2022
£
 
Income
£
 
Expenditure
£
 
Balance at
31 December 2022
£
 
General funds

151,351

430,817

(383,534)

198,634
 


16.

ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Unrestricted funds
2023
Total
funds
2023
        £
        £


Tangible fixed assets

2,470

2,470

Current assets

521,707

521,707

Creditors due within one year

(306,629)

(306,629)

Total 


217,548
217,548



ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Unrestricted funds
2022
Total
funds
2022
        £
        £


Tangible fixed assets

3,995

3,995

Current assets

497,779

497,779

Creditors due within one year

(303,140)

(303,140)

Total 

198,634
198,634

Page 18

 
THE DUNDEE WHITEHALL THEATRE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


17.


RELATED PARTY TRANSACTIONS


The Company has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Company at 31 December 2023.

Page 19