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REGISTERED NUMBER: 02705166 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

GLOUCESTERSHIRE EVERYMAN THEATRE
CATERING COMPANY LIMITED

GLOUCESTERSHIRE EVERYMAN THEATRE
CATERING COMPANY LIMITED (REGISTERED NUMBER: 02705166)






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


GLOUCESTERSHIRE EVERYMAN THEATRE
CATERING COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: T M Dey
C F Kong
M T Goucher





SECRETARY: J K Workman





REGISTERED OFFICE: Regent Street
Cheltenham
Gloucestershire
GL50 1HQ





REGISTERED NUMBER: 02705166 (England and Wales)





AUDITORS: BK Plus Audit Limited (Statutory Auditor)
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

GLOUCESTERSHIRE EVERYMAN THEATRE
CATERING COMPANY LIMITED (REGISTERED NUMBER: 02705166)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 35,977 42,283

CURRENT ASSETS
Stocks 18,688 15,751
Debtors 3,981 22
Cash at bank and in hand 54,182 52,887
76,851 68,660
CREDITORS
Amounts falling due within one year (112,826 ) (110,941 )
NET CURRENT LIABILITIES (35,975 ) (42,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2

2

CAPITAL AND RESERVES
Called up share capital 5 2 2
SHAREHOLDERS' FUNDS 2 2

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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 28 October 2024 and were signed on its behalf by:





M T Goucher - Director


GLOUCESTERSHIRE EVERYMAN THEATRE
CATERING COMPANY LIMITED (REGISTERED NUMBER: 02705166)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Gloucestershire Everyman Theatre Catering Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 product consumption and service delivery.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - at varying rates on cost

Depreciation is charged from the year following addition. The deminimus limit below which tangible fixed assets are not capitalised is £1,000.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is defined as the average cost of goods including transport costs. Net realisable value is based on estimated selling price less further costs expected to be incurred prior to disposal.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

GLOUCESTERSHIRE EVERYMAN THEATRE
CATERING COMPANY LIMITED (REGISTERED NUMBER: 02705166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2023 - 32 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 373,505
Additions 2,256
At 31 March 2024 375,761
DEPRECIATION
At 1 April 2023 331,222
Charge for year 8,562
At 31 March 2024 339,784
NET BOOK VALUE
At 31 March 2024 35,977
At 31 March 2023 42,283

5. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Roger Downes FCA (Senior Statutory Auditor)
for and on behalf of BK Plus Audit Limited (Statutory Auditor)

GLOUCESTERSHIRE EVERYMAN THEATRE
CATERING COMPANY LIMITED (REGISTERED NUMBER: 02705166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. RELATED PARTY DISCLOSURES

Gloucestershire Everyman Theatre Company Limited
Parent charitable company

During the year, profits of £73,827 (2023: £10,860) were paid up to the parent charity by way of dividend under deed of covenant.

During the year, charges were received from the parent charity of £318,208 (2023: £210,379) for the provision of rent, utilities and other expenditure incurred on the company's behalf.

During the year, charges were made to the parent charity of £57,994 (2023: £47,723) for costs incurred by the company on the parent charity's behalf.

At the year end, £38,245 (2023: £46,720) was due to the parent charity.

The Gloucestershire Everyman Theatre Productions Company Limited
Fellow-subsidiary company

During the year, goods to the value of £12 (2023: £156) were sold to the related party on an arms' length basis.

Mark Goucher Productions Limited
Company in which one of the directors is also a director

During the year, goods to the value of £210 (2023: £643) were sold to the related party on an arms' length basis.

BPE Solicitors
Company in which one of the directors is also a partner

J Workman, a trustee of the Theatre, is a partner in BPE Solicitors.

During the year, goods to the value of £515 (2023: £nil) were sold to the related party on an arms' length basis.