Charity registration number 1138473
Company registration number 07099666 (England and Wales)
WORKINGTON PLAYGOERS CLUB
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
WORKINGTON PLAYGOERS CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
Council Members
Mr C G Hall
Mrs A G Wells
Mr S P Ashton
Ms A E Bowmer
Ms J Rushton
Ms M Hardy-Sims
(Appointed 24 August 2023)
Mr P A Magorrian
(Appointed 12 January 2024)
Secretary
Mr C G Hall
Charity number
1138473
Company number
07099666
Principal address
Theatre Royal
Washington Street
Workington
Cumbria
CA14 3AW
Registered office
Brockbank Curwen Cain & Hall Limited
68 Curzon Street
Maryport
Cumbria
CA15 6DA
Independent examiner
Ian Scott BA(Hons), FCA, DChA
Saint & Co Chartered Accountants
12/13 Church Street
Whitehaven
Cumbria
CA28 7AY
WORKINGTON PLAYGOERS CLUB
CONTENTS
Page
Chair's Report
1 - 2
Council Members' report
3 - 5
Independent examiner's report
6
Statement of financial activities
7
Balance sheet
8 - 9
Notes to the financial statements
10 - 21
WORKINGTON PLAYGOERS CLUB
CHAIR'S REPORT
FOR THE YEAR ENDED 31 MAY 2024
- 1 -

The new season started off slowly, with audience numbers below 30% for Alan Bennett's 'Office Suite'. However, attendance rose for the subsequent two shows. 'Last of the Summer Wine', our December performance, emerged as the season's highlight, selling over 50% of all seats. Unfortunately, the final show of the season saw a dip, falling below 30% capacity. Meanwhile, our external hires remain popular, consistently selling over 80% of available tickets.

 

A new youth group, Rising Stars, launched with a 'play in a day' event during the school holidays, and has its first production scheduled for the beginning of the upcoming financial year.

 

This year has presented significant challenges, including a break-in right before our December show. Our bar's refrigerators were destroyed, and the computer equipment necessary for our shows was either damaged or stolen. A considerable amount of stock was taken, along with various acts of vandalism in the foyer and our upstairs bar. Despite these setbacks, our members and supporters generously donated, cleaned up, and arranged for temporary refrigeration, ensuring the show could continue. Without such generosity in time and financial support, we would have faced a loss once again this year.

 

For the first time in three years, we exceeded income over expenditure. This is due to increased revenue from performances and a full year's rent from the rooms at the back of the theatre.

 

The council has collaborated with Ekosgen this year to develop a Strategic Outline Case, which will allow the theatre to seek funding from various sources for improvements.

 

We extend our gratitude to our members for maintaining the theatre's operations. Our monthly coffee mornings and various social evenings for members have continued throughout the year. Our members have also consistently supported the front of house for every show, despite the challenges of organising and the occasional technological mishap during performances.

 

Our resolute maintenance volunteers have worked relentlessly to ensure compliance with current regulations, maintain the safety of the building, and construct sets for our shows.

 

Productions are actively seeking new ways to engage members and audiences in the selection of plays and finding what resonates well. Plans for acting and directing workshops are in progress, with the goal of establishing them soon.

 

Stage management and technical support rely on a small group of dedicated individuals who volunteer their time, often working around their jobs, to support all productions.

 

Numerous local businesses have once again sponsored the theatre this year. Thanks to our members' efforts in making phone calls, creating, and publishing advertisements, we have secured income that has been earmarked specifically for future theatre publicity.

 

This year, we have undertaken house-to-house leaflet distribution to promote our shows. Our social media presence, including Facebook, Instagram, and Mailchimp, has been instrumental in growing our audience and consistently promoting our shows to increase visibility. Our publicity efforts are continuously exploring additional avenues to raise awareness of our theatre, such as features in Cumbria Life, listings on Ents24, and more.

WORKINGTON PLAYGOERS CLUB
CHAIR'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 2 -

We often create our own costumes to minimise expenses, and we're fortunate to have talented members capable of taking on these vital roles.

 

Like any business, we depend on our Finance Director, whose wise management has allowed us to continue despite losses over the past two years. We've established our own booking office and web pages to facilitate online ticket purchases. Naturally, we require actors and directors who are prepared to volunteer their time to stage a production, enabling us to fulfil our commitment to delivering performances.

 

As I end my final year as Chair, I reflect on my tenure with pride, grateful for the dedicated individuals who contribute their time to our success. I seize this moment to express my gratitude to my fellow council members and our president for their guidance and cooperation over these three years, and I extend my best wishes to the theatre for its future endeavours. Next year the theatre will celebrate it’s 90th birthday, lets hope it’s a good one!

 

This year we are holding our AGM on the 27th August, in the auditorium.

Anne Bowmer
Chairperson
Date: 27 August 2024
WORKINGTON PLAYGOERS CLUB
COUNCIL MEMBERS' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MAY 2024
- 3 -

The council members present their annual report and financial statements for the year ended 31 May 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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).

Objectives and activities

The Charity's objects are to promote, maintain, improve and advance education, particularly through the production of plays and the encouragement of the arts including the arts of drama, mime, dance, singing and music.

 

The organisation is an educational arts charity delivering benefits through theatre productions. Membership is open to all members of the general public and involves people from the community who offer their skills. These skills include the production and maintenance of the costumes, the construction of the sets, performing on stage and assisting with the operation of the bar and coffee bar. The coffee bar is open to the general public on Saturday mornings and the premises and costumes are available for hire to other organisations. There are concessionary fees available for young people and those aged over 60 for both theatre performances and membership subscriptions. Membership subscriptions for young people also include free admission to performances.

Public benefit

The council members have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance
Significant activities and achievements against objectives

The main achievements and activities of the Charity through the year are given in full detail in the Chair's report.

Financial review

During the year the Charity received total income of £71,276, of which £61,276 was unrestricted income. This is an increase in unrestricted income of £12,387 from last year as ticket sales continue to recover following the Covid-19 pandemic. Income this year came from subscriptions, ticket sales, advertising, coffee/bar sales, hire of the auditorium and adjoining rooms, generous donations following a break in at the theatre, and £10,000 restricted grant income. Expenditure has also increased from £72,936 to £77,575. This has led to a loss of £6,299, which includes £18,202 for annual depreciation of fixed assets.

Reserves policy

Cash reserves are held in low risk bank accounts. The Directors aim to generate a surplus each year that can be used to further develop the organisation.

 

The Directors have a reserves policy to maintain 12 months' general day-to-day running and maintenance costs which in a normal year is estimated to be around £30,000. This was met at the year end.

WORKINGTON PLAYGOERS CLUB
COUNCIL MEMBERS' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 4 -
Structure, governance and management

Workington Playgoers Club is a company limited by guarantee and is regulated by the Memorandum and Articles of Association dated 9 October 2009 as amended by a Special Resolution dated 14 September 2010.

The council members, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr C G Hall
Mrs A G Wells
Mr A J Parker
(Resigned 9 April 2024)
Mr S P Ashton
Ms A E Bowmer
Ms J Rushton
Ms M Hardy-Sims
(Appointed 24 August 2023)
Mr P A Magorrian
(Appointed 12 January 2024)
Recruitment and appointment of trustees

The council members are elected by the membership at the Annual General Meeting for the following year. There is a Theatre Management Group which looks after the theatre day to day running, and a Playgoers Production Committee to exclusively look after all of the activities of Workington Playgoers. These are both chaired by members of the Council and are made up from council members and other members who are co-opted as required for specific tasks. All major policy items are referred back to Council. Council meets quarterly to concentrate on overall strategy and forward planning. The Theatre Management Group, Production Team and Publicity and Marketing Team meet monthly.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

WORKINGTON PLAYGOERS CLUB
COUNCIL MEMBERS' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 5 -
Statement of Council Members' Responsibilites

The council members, who are also the directors of Workington Playgoers Club for the purpose of company law, are responsible for preparing the Council Members' 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 council members to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

 

In preparing these financial statements, the council members are required to:

 

- select suitable accounting policies and then apply them consistently;

 

- observe the methods and principles in the Charities SORP;

 

- make judgements and estimates that are reasonable and prudent;

 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

 

The council members are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The council members' report was approved by the Board of Council Members.

Ms A E Bowmer
Council member
27 August 2024
WORKINGTON PLAYGOERS CLUB
INDEPENDENT EXAMINER'S REPORT
TO THE COUNCIL MEMBERS OF WORKINGTON PLAYGOERS CLUB
- 6 -

I report to the council members on my examination of the financial statements of Workington Playgoers Club (the charity) for the year ended 31 May 2024.

Responsibilities and basis of report

As the council members of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Ian Scott BA(Hons), FCA, DChA
Saint & Co Chartered Accountants
12/13 Church Street
Whitehaven
Cumbria
CA28 7AY
Dated: .........................
WORKINGTON PLAYGOERS CLUB
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MAY 2024
- 7 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income and endowments from:
Donations and legacies
3
8,902
10,000
18,902
3,135
-
3,135
Charitable activities
4
47,492
-
47,492
39,487
-
39,487
Other trading activities
5
3,456
-
3,456
3,719
-
3,719
Investments
6
966
-
966
306
-
306
Other income
7
460
-
460
2,242
-
2,242
Total income
61,276
10,000
71,276
48,889
-
48,889
Expenditure on:
Raising funds
8
2,230
-
2,230
2,230
-
2,230
Charitable activities
9
56,882
18,463
75,345
56,958
13,748
70,706
Total expenditure
59,112
18,463
77,575
59,188
13,748
72,936
Net income/(expenditure) and movement in funds
2,164
(8,463)
(6,299)
(10,299)
(13,748)
(24,047)
Reconciliation of funds:
Fund balances at 1 June 2023
158,541
456,703
615,244
168,840
470,451
639,291
Fund balances at 31 May 2024
160,705
448,240
608,945
158,541
456,703
615,244

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

WORKINGTON PLAYGOERS CLUB
BALANCE SHEET
AS AT
31 MAY 2024
31 May 2024
- 8 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
13
556,633
570,085
Current assets
Stocks
14
892
841
Debtors
15
3,503
3,114
Cash at bank and in hand
59,911
48,052
64,306
52,007
Creditors: amounts falling due within one year
16
(11,994)
(6,848)
Net current assets
52,312
45,159
Total assets less current liabilities
608,945
615,244
Net assets excluding pension liability
608,945
615,244
The funds of the charity
Restricted income funds
17
448,240
456,703
Unrestricted funds
160,705
158,541
608,945
615,244

The notes on pages 10 to 21 form part of these financial statements.

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 May 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

WORKINGTON PLAYGOERS CLUB
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2024
31 May 2024
- 9 -
The financial statements were approved by the council members on 27 August 2024
Mrs A G Wells
Council member
Company registration number 07099666 (England and Wales)
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
- 10 -
1
Accounting policies
Charity information

Workington Playgoers Club is a private company limited by guarantee incorporated in England and Wales. The registered office is Brockbank Curwen Cain & Hall Limited, 68 Curzon Street, Maryport, Cumbria, CA15 6DA.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the council members have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the council members continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the council members in furtherance of their charitable objectives.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. All income is net of VAT where applicable.

WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
1
Accounting policies
(Continued)
- 11 -

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
1.5
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 are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% straight line
Fixtures and fittings
4-33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
1
Accounting policies
(Continued)
- 12 -
1.8
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.9
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 13 -
2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the council members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Donations and gifts
6,743
-
6,743
1,020
-
1,020

Grants receivable

-
10,000
10,000
-
-
-

Subscriptions

2,159
-
2,159
2,115
-
2,115
8,902
10,000
18,902
3,135
-
3,135
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 14 -
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Performances

Sales - tickets, programmes and bar

15,343
12,220

Advertising income

1,417
-
Rising Stars

Sales - tickets, programmes and bar

1,231
-
Coffee Bar and Bar

Sales - tickets, programmes and bar

5,394
6,561
Theatre and Room Hire

Sales - tickets, programmes and bar

8,718
11,620
Charitable rental income
15,389
9,086
47,492
39,487
5
Income from other trading activities
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£

Golden Jubilee Club

3,456
3,719
6
Income from investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Interest receivable
966
306
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 15 -
7
Other income
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£

Feed in tariff

460
2,242
8
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Fundraising and publicity

Golden Jubilee Club

2,230
2,230
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 16 -
9
Expenditure on charitable activities
Performances
Rising Stars
Coffee Bar and Bar
Theatre and Room Hire
Total
Performances
Coffee Bar and Bar
Theatre and Room Hire
Total
2024
2024
2024
2024
2024
2023
2023
2023
2023
£
£
£
£
£
£
£
£
£
Direct costs

Production costs

6,461
175
-
-
6,636
5,509
-
-
5,509

Sundry costs

300
-
-
84
384
247
59
246
552

Visiting performers

-
0
-
-
10,614
10,614
-
-
10,843
10,843

Purchases

-
-
2,167
-
2,167
-
2,450
-
2,450

Bad debts written off

-
-
-
604
604
-
-
-
-
6,761
175
2,167
11,302
20,405
5,756
2,509
11,089
19,354
Share of support and governance costs (see note 10)
Support
26,011
2,032
1,874
18,619
48,536
26,996
2,008
21,028
50,032
Governance
3,651
334
471
1,948
6,404
782
136
402
1,320
36,423
2,541
4,512
31,869
75,345
33,534
4,653
32,519
70,706
Analysis by fund
Unrestricted funds
25,445
1,364
4,094
25,979
56,882
24,511
4,603
27,844
56,958
Restricted funds
10,978
1,177
418
5,890
18,463
9,023
50
4,675
13,748
36,423
2,541
4,512
31,869
75,345
33,534
4,653
32,519
70,706
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 17 -
10
Support costs
Support costs
Governance costs
2024
Support costs
Governance costs
2023
£
£
£
£
£
£
Depreciation
18,202
-
18,202
18,429
-
18,429

Rates and water

969
-
969
1,069
-
1,069

Light and heat

7,193
-
7,193
6,915
-
6,915

Repairs and maintenance

11,689
-
11,689
11,933
-
11,933

Insurance

7,356
-
7,356
6,982
-
6,982

Telephone

667
-
667
929
-
929

Printing, postage and stationery

168
-
168
306
-
306

Bank charges

162
-
162
142
-
142

Sundry expenses

901
-
901
1,296
-
1,296

Cleaning

1,229
-
1,229
2,031
-
2,031
Independent examination fees
-
525
525
-
500
500
Accountancy
-
879
879
-
820
820
Legal and professional
-
5,000
5,000
-
-
-
48,536
6,404
54,940
50,032
1,320
51,352
Analysed between
Charitable activities
48,536
6,404
54,940
50,032
1,320
51,352
11
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable to the charity's independent examiner:
- for the independent examination of the charity's financial statements
525
500
- for other financial services
879
820
Depreciation of owned tangible fixed assets
18,202
18,429
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 18 -
12
Council Members

None of the council members (or any persons connected with them) received any remuneration or benefits from the charity during the year.

 

During the year 2 council members (2023: 4) were reimbursed expenses totalling £2,485 (2023: £3,130) in respect of stationery, materials for performances, admin, bar purchases and maintenance costs. No council member received any payment for professional or other services supplied to the charity (2023: Nil).

13
Tangible fixed assets
Freehold land and buildings
Fixtures and fittings
Total
£
£
£
Cost
At 1 June 2023
609,684
140,119
749,803
Additions
-
4,751
4,751
Disposals
-
(2,904)
(2,904)
At 31 May 2024
609,684
141,966
751,650
Depreciation and impairment
At 1 June 2023
97,377
82,342
179,719
Depreciation charged in the year
12,190
6,012
18,202
Eliminated in respect of disposals
-
(2,904)
(2,904)
At 31 May 2024
109,567
85,450
195,017
Carrying amount
At 31 May 2024
500,117
56,516
556,633
At 31 May 2023
512,307
57,778
570,085
14
Stocks
2024
2023
£
£
Finished goods and goods for resale
892
841
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 19 -
15
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,411
1,282
Prepayments and accrued income
2,092
1,832
3,503
3,114
16
Creditors: amounts falling due within one year
2024
2023
£
£
Other taxation and social security
588
751
Accruals and deferred income
11,406
6,097
11,994
6,848
17
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 June 2023
Incoming resources
Resources expended
At 31 May 2024
£
£
£
£
Property Redevelopment
454,546
-
(13,288)
441,258
Rising Stars
2,157
-
(175)
1,982
RWM Grant
-
10,000
(5,000)
5,000
456,703
10,000
(18,463)
448,240
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
17
Restricted funds
(Continued)
- 20 -
Previous year:
At 1 June 2022
Incoming resources
Resources expended
At 31 May 2023
£
£
£
£
Property redevelopment
468,294
-
(13,748)
454,546
Theatre Royal Youth
2,157
-
-
2,157
470,451
-
(13,748)
456,703

The property redevelopment fund relates to restricted funding received for the refurbishment and redevelopment of the Wilson Street and Washington Street properties, and is being depreciated over the expected useful lives of the assets.

 

The rising stars fund (previously theatre royal youth) is funds received for this activity.

 

The RWM grant relates to funding received for specific expenditure, of which £5,000 has been spent before the year end.

18
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 June 2023
Incoming resources
Resources expended
At 31 May 2024
£
£
£
£
Heating system/photovoltaic cells
18,941
-
(1,312)
17,629
General funds
139,600
61,276
(57,800)
143,076
158,541
61,276
(59,112)
160,705
WORKINGTON PLAYGOERS CLUB
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
18
Unrestricted funds
(Continued)
- 21 -
Previous year:
At 1 June 2022
Incoming resources
Resources expended
At 31 May 2023
£
£
£
£
Heating system/photovoltaic cells
20,253
-
(1,312)
18,941
General funds
148,587
48,889
(57,876)
139,600
168,840
48,889
(59,188)
158,541

The heating system/photovoltaic cells fund relates to the replacement of the heating system and installation of photovoltaic cells on the roof. As the grant conditions have been met, the balance has been transferred to a designated fund and the annual depreciation charge is put through this fund.

19
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 May 2024:
Tangible assets
115,375
441,258
556,633
Current assets/(liabilities)
45,330
6,982
52,312
160,705
448,240
608,945
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 31 May 2023:
Tangible assets
115,539
454,546
570,085
Current assets/(liabilities)
43,002
2,157
45,159
158,541
456,703
615,244
20
Related party transactions

There were no disclosable related party transactions during the year (2023 - none), other than expenses reimbursed to council members detailed in note 12.

2024-05-312023-06-01falsefalseCCH SoftwareiXBRL Review & Tag 2024.2070996662023-06-012024-05-3107099666bus:CompanySecretary12023-06-012024-05-3107099666bus:Director12023-06-012024-05-3107099666bus:Director32023-06-012024-05-3107099666bus:Director42023-06-012024-05-3107099666bus:Director52023-06-012024-05-3107099666bus:Director62023-06-012024-05-3107099666bus:Director72023-06-012024-05-3107099666bus:Director22023-06-012024-05-31070996662024-05-31070996662023-05-3107099666bus:FRS1022023-06-012024-05-3107099666char:IndependentExaminationCharity2023-06-012024-05-3107099666bus:FullAccounts2023-06-012024-05-31xbrli:purexbrli:sharesiso4217:GBP