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REGISTERED COMPANY NUMBER: 00666377 (England and Wales)
REGISTERED CHARITY NUMBER: 251575


















REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

HALL GREEN LITTLE THEATRE LIMITED

HALL GREEN LITTLE THEATRE LIMITED






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 13

HALL GREEN LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00666377)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 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 31 July 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).

OBJECTIVES AND ACTIVITIES
Objectives, aims and public benefit
The objects of the Hall Green Little Theatre Limited are:

- to promote an understanding of theatre and dramatic art within the community by encouraging the participation of the widest possible cross-section of the community.

- to produce plays of a high standard which, by their varied content, uplift, educate, entertain and challenge both the audience membership and those who are directly involved with the productions.

- to encourage members of the local community to bring to the theatre their individual skills both to teach new skills to other members and also to learn new skills from them.

- to encourage teamwork and an environment where every member uses their individual skills to the greatest effect and every contribution is equally valued.

- to encourage the active participation of the young section of the community through the Youth Theatre, to develop their individual skills, both technical and artistic, and through their participation, bring to the youth of our society a love and appreciation of theatre and its value in society.

- to provide a venue for outside artistic organisations and educational participation.

The Youth Theatre, membership is provided free of charge. The Youth Theatre, which has a multi-cultural and mixed-ability membership of upwards of 60 members attend regularly.

Significant activities
The charity will continue to promote plays of cultural diversity, at the same time expanding their work with young people. Hall Green Little Theatre Limited continues to provide opportunities for members of the local community, from a wide catchment area, and of all ages and dispositions, to take part in and benefit from the preparation and presentation of drama and other entertainment.

We continued to augment our supply of equipment and an upgrade of the stage flooring, and front of house, with both artistic consideration and Health and Safety guidance being borne in mind.

FINANCIAL REVIEW
Financial review
For the financial year, the charity had total income of £100,408 (2023: £72,183). The majority of the income comes from the operation of the theatre which generated income of £51,691 (2023: £56,307) and the operation of the bar and wardrobe which generated £10,380 (2023: £12,873).

During the current year, the theatre was hired out to an organisation which resulted in an one off income of £14,550, which is included within other income. In addition to the financial benefits of the hire, it was gratifying to be complimented by that organisation on the range and quality of our facilities. The result of which has generated an increase in surplus, partially though this and a reduction in overheads from £64,482 to £54,478.

The total net assets of the charity has increased from £340,839 to £386,769, which is the result of the increased surplus in the current year.

We have monitored the costs incurred and looked at ways of reducing costs where possible whilst meeting the objectives of the charities. An example is the cost of producing the programmes for the various shows in a glossy format by a third party, which has been brought in house therefore reducing the costs. The charity has in the past sold programmes as a loss.

HALL GREEN LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00666377)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2024


FINANCIAL REVIEW
Reserves policy
The theatre's reserves position is healthy and at the end of the financial year covered by this report totalled £350,000 in round terms. While much of this derives from legacies none of it is designated to a particular purpose so Council is free to deploy it as it sees fit and to strike an appropriate balance between maintaining a contingency reserve in the event of unforeseen financial pressures and investing in the theatre's facilities.

Accordingly Council has identified £50,000 as a contingency reserve, representing one year's worth of overheads and management costs plus an allowance for any unexpected item of repair that could not be planned for. This would give the theatre ample breathing space in the event of a sudden downturn in normal income. The balance is available for projects to improve the theatre.

Clearly this is something of a notional distinction while reserves are at their current level and we do not anticipate them falling to anywhere near the £50,000 mark in the foreseeable future, but it is considered important to have an explicit policy on the treatment of reserves

Going concern
As discussed, the theatre overheads are in the region of £50,000 on average. The level of the reserves is sufficient to cover the overheads for a period of 7 years. On the basis that income is expected with a number of shows planned for the next twelve months, we do not anticipate any going concern issues. The Trustees believe that the theatre and charity will continue for a period of no less than 12 months from the signing of the financial statements.

FUTURE PLANS
The charity has started to renegotiate the lease with Birmingham City Council who based on initial discussions are prepared to issue a new leave on favourable terms. The charity is hopeful that it will be able to negotiate a new lease on favourable terms.

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
00666377 (England and Wales)

Registered Charity number
251575

Registered office
Pemberley Road
Acocks Green
Birmingham
West Midlands
B27 7RY


HALL GREEN LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00666377)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2024

Trustees
T Bainbridge (resigned 19.9.24)
H M Crowe (resigned 10.12.23)
R A Davies
R T Palmer (resigned 21.6.24)
J F Richardson (resigned 21.6.24)
R B Williams
R J Scott
D R Beaton
L M Price
J Williams (appointed 6.6.24)
R Woodward (appointed 6.6.24)
P Holtom (appointed 19.9.24)

Independent Examiner
P Georgiades BA FCA
Flint & Thompson
Chartered Accountants
2 Manor Square
Solihull
B91 3PX

Approved by order of the board of trustees on 26 February 2025 and signed on its behalf by:





R B Williams - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HALL GREEN LITTLE THEATRE LIMITED

Independent examiner's report to the trustees of Hall Green Little Theatre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the 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:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts 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 accounts 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 accounts to be reached.








P Georgiades BA FCA

Flint & Thompson
Chartered Accountants
2 Manor Square
Solihull
B91 3PX

26 February 2025

HALL GREEN LITTLE THEATRE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JULY 2024

2024 2023
Unrestricted Designated Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 19,127 - 19,127 1,540

Charitable activities
Bar and Wardrobe 10,380 - 10,380 12,873

Operation of theatre 2 53,020 - 53,020 56,307
Investment income 3 1,649 - 1,649 280
Other income 16,232 - 16,232 1,183
Total 100,408 - 100,408 72,183

EXPENDITURE ON
Raising funds 4,985 - 4,985 6,006

Charitable activities
Management and administration 5,869 - 5,869 13,785

Other 43,624 - 43,624 44,691
Total 54,478 - 54,478 64,482

NET INCOME 45,930 - 45,930 7,701


RECONCILIATION OF FUNDS
Total funds brought forward 163,161 177,678 340,839 333,138

TOTAL FUNDS CARRIED FORWARD 209,091 177,678 386,769 340,839

HALL GREEN LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00666377)

BALANCE SHEET
31 JULY 2024

2024 2023
Unrestricted Designated Total Total
fund fund funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 37,794 - 37,794 42,033

CURRENT ASSETS
Stocks 8 1,444 - 1,444 1,444
Debtors 9 2,276 - 2,276 4,253
Cash at bank 182,013 177,678 359,691 305,705
185,733 177,678 363,411 311,402

CREDITORS
Amounts falling due within one year 10 (14,436 ) - (14,436 ) (12,596 )

NET CURRENT ASSETS 171,297 177,678 348,975 298,806

TOTAL ASSETS LESS CURRENT
LIABILITIES

209,091

177,678

386,769

340,839

NET ASSETS 209,091 177,678 386,769 340,839
FUNDS 11
Unrestricted funds:
General fund 209,091 163,161
Designated fund 177,678 177,678
386,769 340,839
TOTAL FUNDS 386,769 340,839

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


The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.


HALL GREEN LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00666377)

BALANCE SHEET - continued
31 JULY 2024

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 26 February 2025 and were signed on its behalf by:





R B Williams - Trustee

HALL GREEN LITTLE THEATRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 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.

The financial statements have been prepared on a going concern basis which the trustees consider to be appropriate for the following reasons;

Hall Green Little Theatre has enough funds to ensure that it meets its liabilities for a period of no less than 12 months from the approval of the financial statements.

Consequently, the trustees are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements and therefore have prepared them on a going concern basis.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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.

Income from donations and grants, including capital grants, is included in incoming resources, when these are receivable, except as follows:

a) When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.

b) When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the pre-conditions have been met.

Interest is included when receivable by the charity.

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.


Theatre buildings - 2% per annum of cost
Theatre buildings improvements - 2% per annum of cost
Plant and equipment - 20% per annum of net book value

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

HALL GREEN LITTLE THEATRE LIMITED

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

1. ACCOUNTING POLICIES - continued

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.

Designated funds are set aside by the trustees out of unrestricted general funds for specific future purposes or projects.

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

2. OPERATION OF THEATRE
2024 2023
£    £   
Production and programme sales 51,691 54,767
Membership subscriptions 1,329 1,540
53,020 56,307

3. INVESTMENT INCOME
2024 2023
£    £   
Bank interest received 1,649 280

4. NET INCOME/(EXPENDITURE)

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

2024 2023
£    £   
Depreciation - owned assets 4,239 5,927

5. TRUSTEES' REMUNERATION AND BENEFITS

No trustees received any payments in respect of remunerations during the year.

Trustees' expenses

No trustees received any payments in respect of expenses during the year.


HALL GREEN LITTLE THEATRE LIMITED

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

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Designated Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,540 - 1,540

Charitable activities
Bar and Wardrobe 12,873 - 12,873

Operation of theatre 56,307 - 56,307
Investment income 280 - 280
Other income 1,183 - 1,183
Total 72,183 - 72,183

EXPENDITURE ON
Raising funds 6,006 - 6,006

Charitable activities
Management and administration 9,785 4,000 13,785

Other 44,691 - 44,691
Total 60,482 4,000 64,482

NET INCOME/(EXPENDITURE) 11,701 (4,000 ) 7,701
Transfers between funds (295 ) 295 -
Net movement in funds 11,406 (3,705 ) 7,701

RECONCILIATION OF FUNDS
Total funds brought forward 151,755 181,383 333,138

TOTAL FUNDS CARRIED FORWARD 163,161 177,678 340,839

7. TANGIBLE FIXED ASSETS
Theatre
Theatre buildings Plant and
buildings improvements equipment Totals
£    £    £    £   
COST
At 1 August 2023 and 31 July 2024 121,010 56,316 28,253 205,579
DEPRECIATION
At 1 August 2023 105,324 33,432 24,790 163,546
Charge for year 2,420 1,126 693 4,239
At 31 July 2024 107,744 34,558 25,483 167,785
NET BOOK VALUE
At 31 July 2024 13,266 21,758 2,770 37,794
At 31 July 2023 15,686 22,884 3,463 42,033

HALL GREEN LITTLE THEATRE LIMITED

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

7. TANGIBLE FIXED ASSETS - continued

The theatre buildings represent a leasehold interest. The lease expires in 2032.

8. STOCKS
2024 2023
£    £   
Stocks 1,444 1,444

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 2,276 4,253

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors and accruals 14,436 12,596

11. MOVEMENT IN FUNDS
Net
movement At
At 1/8/23 in funds 31/7/24
£    £    £   
Unrestricted funds
General fund 163,161 45,930 209,091
Designated fund 177,678 - 177,678
340,839 45,930 386,769
TOTAL FUNDS 340,839 45,930 386,769

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 100,408 (54,478 ) 45,930

TOTAL FUNDS 100,408 (54,478 ) 45,930


HALL GREEN LITTLE THEATRE LIMITED

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

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1/8/22 in funds funds 31/7/23
£    £    £    £   
Unrestricted funds
General fund 151,755 11,701 (295 ) 163,161
Designated fund 181,383 (4,000 ) 295 177,678
333,138 7,701 - 340,839
TOTAL FUNDS 333,138 7,701 - 340,839

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 72,183 (60,482 ) 11,701
Designated fund - (4,000 ) (4,000 )
72,183 (64,482 ) 7,701
TOTAL FUNDS 72,183 (64,482 ) 7,701

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

Net Transfers
movement between At
At 1/8/22 in funds funds 31/7/24
£    £    £    £   
Unrestricted funds
General fund 151,755 57,631 (295 ) 209,091
Designated fund 181,383 (4,000 ) 295 177,678
333,138 53,631 - 386,769
TOTAL FUNDS 333,138 53,631 - 386,769

HALL GREEN LITTLE THEATRE LIMITED

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

11. MOVEMENT IN FUNDS - continued

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 172,591 (114,960 ) 57,631
Designated fund - (4,000 ) (4,000 )
172,591 (118,960 ) 53,631
TOTAL FUNDS 172,591 (118,960 ) 53,631

12. RELATED PARTY DISCLOSURES

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

13. DESIGNATED FUNDS

Designated funds consist of the following:

Small legacies for improvements = £Nil
Large legacies for contingency = £177,678