REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
THE GLOUCESTERSHIRE EVERYMAN THEATRE |
PRODUCTIONS COMPANY LIMITED |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
THE GLOUCESTERSHIRE EVERYMAN THEATRE |
PRODUCTIONS COMPANY LIMITED |
THE GLOUCESTERSHIRE EVERYMAN THEATRE |
PRODUCTIONS COMPANY LIMITED (REGISTERED NUMBER: 09287127) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
THE GLOUCESTERSHIRE EVERYMAN THEATRE |
PRODUCTIONS COMPANY LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
6 Manor Park Business Centre |
Mackenzie Way |
Cheltenham |
Gloucestershire |
GL51 9TX |
THE GLOUCESTERSHIRE EVERYMAN THEATRE |
PRODUCTIONS COMPANY LIMITED (REGISTERED NUMBER: 09287127) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
31 MARCH 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
THE GLOUCESTERSHIRE EVERYMAN THEATRE |
PRODUCTIONS COMPANY LIMITED (REGISTERED NUMBER: 09287127) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
The Gloucestershire Everyman Theatre Productions Company Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Revenue is recognised at the point of invoicing. |
Theatre tax credits |
Credits under the Theatre Tax Relief Scheme are treated as other income and are recognised in the period to which they relate. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.24 | 31.3.23 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
5. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
THE GLOUCESTERSHIRE EVERYMAN THEATRE |
PRODUCTIONS COMPANY LIMITED (REGISTERED NUMBER: 09287127) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
6. | RELATED PARTY DISCLOSURES |
Gloucestershire Everyman Theatre Company Limited |
Parent charity |
During the year, the company received income of £874,989 (2023: £716,446) from the parent charity in respect of productions made on the Theatre's behalf. |
During the year, invoices of £265,765 (2023: £194,142) were received from the parent charity for costs incurred on its behalf. |
During the year, profits of £174,147 (2023: £144,622) were paid up to the parent charity by way of dividend under deed of covenant. At the end of the year, £7,116 (2023;: £61,840) was due to the parent charity. |
Gloucestershire Everyman Theatre Catering Company Limited |
Fellow subsidiary company |
During the year goods to the value of £12 (2023: £156) were purchased from the related party on an arms' length basis. |
Mark Goucher Productions Limited |
Company in which one of the directors is also a director |
M Goucher is also the director of Mark Goucher Productions Limited (MGPL). MGPL invoiced the company £32,209 plus VAT in the year for services provided on an arms' length basis. MGPL also invoiced £147 plus VAT to the company for expenses MGPL incurred on its behalf. |