IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4117892023-03-31SC4117892024-03-31SC4117892023-04-012024-03-31SC4117892022-03-31SC4117892022-04-012023-03-31SC4117892023-03-31SC411789ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC411789ns15:PoundSterling2023-04-012024-03-31SC411789ns11:FRS1022023-04-012024-03-31SC411789ns11:IndependentExaminationCharity2023-04-012024-03-31SC411789ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC411789ns11:FullAccounts2023-04-012024-03-31SC411789ns11:CharitiesSORP2023-04-012024-03-31SC411789ns16:EnglandWales2023-04-012024-03-31SC411789ns11:RegisteredOffice2023-04-012024-03-31SC411789ns0:Trustee22023-04-012024-03-31SC411789ns0:Trustee32023-04-012024-03-31SC411789ns0:Trustee42023-04-012024-03-31SC411789ns0:Trustee12023-04-012024-03-31SC411789ns0:Trustee52023-04-012024-03-31SC411789ns0:Trustee62023-04-012024-03-31SC411789ns0:Trustee72023-04-012024-03-31SC411789ns0:Trustee82023-04-012024-03-31SC411789ns0:Trustee92023-04-012024-03-31SC411789ns0:Trustee102023-04-012024-03-31SC411789ns0:Trustee112023-04-012024-03-31SC411789ns0:Trustee122023-04-012024-03-31SC411789ns0:Trustee132023-04-012024-03-31SC411789ns11:CompanySecretary12023-04-012024-03-31SC411789ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC411789ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC411789ns0:Activity82023-04-012024-03-31SC411789ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-31SC411789ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC411789ns0:Activity82022-04-012023-03-31SC411789ns0:Activity92023-04-012024-03-31SC411789ns0:TotalUnrestrictedFundsns0:Activity92023-04-012024-03-31SC411789ns0:Activity9ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC411789ns0:Activity92022-04-012023-03-31SC411789ns0:TotalUnrestrictedFunds2023-03-31SC411789ns0:TotalRestrictedIncomeFunds2023-03-31SC411789ns0:TotalUnrestrictedFunds2024-03-31SC411789ns0:TotalRestrictedIncomeFunds2024-03-31SC411789ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-31SC411789ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-31SC411789ns10:WithinOneYear2024-03-31SC411789ns10:WithinOneYear2023-03-31SC411789ns10:PlantMachinery2023-04-012024-03-31SC411789ns10:ComputerEquipment2023-04-012024-03-31SC41178922023-04-012024-03-31SC411789ns10:OwnedAssets2023-04-012024-03-31SC411789ns10:OwnedAssets2022-04-012023-03-31SC411789ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC411789ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC411789ns0:TotalUnrestrictedFundsns0:Activity92022-04-012023-03-31SC411789ns0:Activity9ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC411789ns10:PlantMachinery2023-03-31SC411789ns10:ComputerEquipment2023-03-31SC411789ns10:PlantMachinery2024-03-31SC411789ns10:ComputerEquipment2024-03-31SC411789ns10:PlantMachinery2023-03-31SC411789ns10:ComputerEquipment2023-03-31
REGISTERED COMPANY NUMBER: SC411789 (Scotland)
REGISTERED CHARITY NUMBER: SC042908







Report of the Trustees and

Unaudited Financial Statements

For The Year Ended 31st March 2024

for

Ups And Downs Theatre Group

Ups And Downs Theatre Group






Contents of the Financial Statements
For The Year Ended 31st March 2024




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5

Notes to the Financial Statements 6 to 10

Ups And Downs Theatre Group (Registered number: SC411789)

Report of the Trustees
For The Year Ended 31st March 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2024. The trustees have adopted the provisions of 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).

ACHIEVEMENT AND PERFORMANCE
Charitable activities
We have had a good year culminating in the success of our yearly show Take 27. The donations given to us, both corporate and from individuals have been greatly received. Hopefully this is the beginning of people and companies coming back to support our Theatre Group after a few difficult years for everyone.

Our cast were invited along to perform at several venues throughout the year where they had the opportunity to display their talents to a wider audience. We also received donations from these performances very much appreciated by all at the theatre group.

FUTURE PLANS
The group will start back in August 2024 and will be straight into rehearsals for our show in March 2025.

The new Musical Director Brian McNeill will take over fully from Stuart Park, as he has now left the group. He was able to shadow Stuart from January to the end of show week.
We are advertising for a new production member as Alison Adam has now left the group.

The website has been updated and hopefully more social media platforms can be set up to raise awareness of the Ups and Downs Theatre Group.

We are exploring the possibility of sourcing a company to take us on as their charity of the year or some sort of sponsorship/partnership with them.

We will continue to source grant funding where appropriate and seek opportunities to raise awareness of the group and advertise the show.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC411789 (Scotland)

Registered Charity number
SC042908

Registered office
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP


Ups And Downs Theatre Group (Registered number: SC411789)

Report of the Trustees
For The Year Ended 31st March 2024

Trustees
Mrs A S O'Neill President
Mrs C Kennedy Committee Member
Mrs M S Morrow Trustee (resigned 20/10/2024)
Mrs M R Clemente Treasurer
Miss E E Rinn Hairdresser/Carer (resigned 1/7/2024)
Mrs P Russell Retired (resigned 1/7/2024)
Miss C McGowan Trustee
Ms V Moffat Committee Member (appointed 21/1/2024)
S Rowan (appointed 20/10/2024)
Mrs A M Jack (appointed 20/10/2024)
P Timmons (appointed 20/10/2024)
Mrs L K Leggatt (appointed 20/10/2024)
Mrs S Pirie (appointed 20/10/2024)

Company Secretary
Mrs G Milligan

Independent Examiner
J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP

Approved by order of the board of trustees on 20th October 2024 and signed on its behalf by:





Mrs M R Clemente - Trustee

Independent Examiner's Report to the Trustees of
Ups And Downs Theatre Group

I report on the accounts for the year ended 31st March 2024 set out on pages four to ten.

Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's 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 accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, 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 connection with 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 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.








Mark Cooper FCCA
The Association of Chartered Certified Accountants

J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP

15th November 2024

Ups And Downs Theatre Group

Statement of Financial Activities
For The Year Ended 31st March 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 9,829 - 9,829 2,147

Other trading activities 2 40,536 - 40,536 40,739
Investment income 3 1 - 1 -
Total 50,366 - 50,366 42,886

EXPENDITURE ON
Raising funds 4 4,731 - 4,731 5,453

Charitable activities
Charitable 4,412 - 4,412 -
Show production 37,678 - 37,678 65,222

Other - - - 806
Total 46,821 - 46,821 71,481

NET INCOME/(EXPENDITURE) 3,545 - 3,545 (28,595 )


RECONCILIATION OF FUNDS
Total funds brought forward 57,290 - 57,290 85,885

TOTAL FUNDS CARRIED FORWARD 60,835 - 60,835 57,290

Ups And Downs Theatre Group (Registered number: SC411789)

Balance Sheet
31st March 2024

2024 2023
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 8 1,822 - 1,822 2,117

CURRENT ASSETS
Cash at bank and in hand 59,829 - 59,829 55,953

CREDITORS
Amounts falling due within one year 9 (816 ) - (816 ) (780 )

NET CURRENT ASSETS 59,013 - 59,013 55,173

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,835

-

60,835

57,290

NET ASSETS 60,835 - 60,835 57,290
FUNDS 10
Unrestricted funds 60,835 57,290
TOTAL FUNDS 60,835 57,290

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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


The financial statements were approved by the Board of Trustees and authorised for issue on 20th October 2024 and were signed on its behalf by:





M R Clemente - Trustee

Ups And Downs Theatre Group

Notes to the Financial Statements
For The Year Ended 31st March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Plant and machinery - 15% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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


Ups And Downs Theatre Group

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

2. OTHER TRADING ACTIVITIES
2024 2023
£ £
Fundraising events 3,651 682
Merchandising 150 1,660
Memberships 2,595 3,214
Patron memberships 1,735 1,600
Entertainment - Panto income 3,703 4,327
Entertainment - Noda shows 300 1,118
Ticket income 14,976 15,740
Raffle income 9,236 9,181
Advertising income 800 540
DVD sales 458 1,860
Program sales 1,727 788
Crafts income 1,205 29
40,536 40,739

3. INVESTMENT INCOME
2024 2023
£ £
Deposit account interest 1 -

4. RAISING FUNDS

Investment management costs
2024 2023
£ £
Repairs & renewals - 108

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£ £
Depreciation - owned assets 547 683
Other operating leases - rent 2,809 2,809

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023.


Ups And Downs Theatre Group

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,147 - 2,147

Other trading activities 40,739 - 40,739
Total 42,886 - 42,886

EXPENDITURE ON
Raising funds 5,453 - 5,453

Charitable activities
Show production 65,222 - 65,222

Other 806 - 806
Total 71,481 - 71,481

NET INCOME/(EXPENDITURE) (28,595 ) - (28,595 )


RECONCILIATION OF FUNDS
Total funds brought forward 85,885 - 85,885

TOTAL FUNDS CARRIED FORWARD 57,290 - 57,290

8. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1st April 2023 329 15,657 15,986
Additions - 252 252
At 31st March 2024 329 15,909 16,238
DEPRECIATION
At 1st April 2023 183 13,686 13,869
Charge for year 22 525 547
At 31st March 2024 205 14,211 14,416
NET BOOK VALUE
At 31st March 2024 124 1,698 1,822
At 31st March 2023 146 1,971 2,117

Ups And Downs Theatre Group

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Accrued expenses 816 780

10. MOVEMENT IN FUNDS
Net
movement
At 1/4/23 in funds At 31/3/24
£ £ £
Unrestricted funds
General fund 57,290 3,545 60,835

TOTAL FUNDS 57,290 3,545 60,835

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 50,366 (46,821 ) 3,545

TOTAL FUNDS 50,366 (46,821 ) 3,545


Comparatives for movement in funds

Net
movement
At 1/4/22 in funds At 31/3/23
£ £ £
Unrestricted funds
General fund 85,885 (28,595 ) 57,290

TOTAL FUNDS 85,885 (28,595 ) 57,290

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 42,886 (71,481 ) (28,595 )

TOTAL FUNDS 42,886 (71,481 ) (28,595 )

Ups And Downs Theatre Group

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

10. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement
At 1/4/22 in funds At 31/3/24
£ £ £
Unrestricted funds
General fund 85,885 (25,050 ) 60,835

TOTAL FUNDS 85,885 (25,050 ) 60,835

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 93,252 (118,302 ) (25,050 )

TOTAL FUNDS 93,252 (118,302 ) (25,050 )

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2024.