SD THEATRE CIC

Company limited by guarantee

Company Registration Number:
14607712 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

SD THEATRE CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SD THEATRE CIC

Directors' report period ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Principal activities of the company

The company’s principal activity is the creation and delivery of community theatre productions and interactive performance events. SD Theatre CIC provides accessible, family-friendly arts experiences, including touring pantomimes, walkabout theatre, and community-based cultural engagement projects across the UK.

Political and charitable donations

The company made no political or charitable donations during the financial year.



Directors

The directors shown below have held office during the whole of the period from
1 February 2024 to 31 January 2025

Jack Pitfield
Katherine Ross
Simon Woodward


The director shown below has held office during the period of
1 February 2024 to 24 February 2024

Natasha Georgina Glew


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 October 2025

And signed on behalf of the board by:
Name: Jack Pitfield
Status: Director

SD THEATRE CIC

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 101,149 100,740
Cost of sales: ( 86,590 ) ( 86,860 )
Gross profit(or loss): 14,559 13,880
Administrative expenses: ( 21,581 ) ( 4,824 )
Other operating income: 2,425
Operating profit(or loss): (4,597) 9,056
Interest receivable and similar income: 50
Interest payable and similar charges: ( 38 )
Profit(or loss) before tax: (4,585) 9,056
Tax: 0 ( 1,734 )
Profit(or loss) for the financial year: (4,585) 7,322

SD THEATRE CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 1,548 0
Total fixed assets: 1,548 0
Current assets
Cash at bank and in hand: 14,017 12,368
Total current assets: 14,017 12,368
Creditors: amounts falling due within one year: 4 ( 16,048 ) ( 12,343 )
Net current assets (liabilities): (2,031) 25
Total assets less current liabilities: (483) 25
Total net assets (liabilities): (483) 25
Members' funds
Profit and loss account: (483) 25
Total members' funds: ( 483) 25

The notes form part of these financial statements

SD THEATRE CIC

Balance sheet statements

For the year ending 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 October 2025
and signed on behalf of the board by:

Name: Jack Pitfield
Status: Director

The notes form part of these financial statements

SD THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost or fair value less accumulated depreciation. Depreciation is provided on a straight-line basis to write off the cost or valuation of assets over their estimated useful lives. Motor vehicles are depreciated at 20% per annum on a straight-line basis.

SD THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

SD THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 0 0
Additions 1,935 1,935
Disposals
Revaluations
Transfers
At 31 January 2025 1,935 1,935
Depreciation
At 1 February 2024 0 0
Charge for year 387 387
On disposals
Other adjustments
At 31 January 2025 387 387
Net book value
At 31 January 2025 1,548 1,548
At 31 January 2024 0 0

During the financial year, the company received a motor vehicle transferred from Same Difference Arts CIC, a connected community interest company under common directorship. The vehicle was transferred in February 2024 at an estimated fair value of £1,935 to support the continuation of community theatre activities. The asset is being depreciated on a straight-line basis at 20% per annum, reflecting its expected useful economic life. The transfer was made in accordance with the asset-lock provisions of both CICs, and no consideration was paid.

SD THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 0 2,032
Taxation and social security 0 10,311
Other creditors 16,048
Total 16,048 12,343

The balance includes £16,048 due to Same Difference Arts CIC, a connected community interest company under common directorship. The amount represents a transfer of assets and Theatre Tax Relief funding to enable the continuation of community theatre activities. The directors expect this balance to be written off following the dissolution of Same Difference Arts CIC.

COMMUNITY INTEREST ANNUAL REPORT

SD THEATRE CIC

Company Number: 14607712 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

During the financial year, SD Theatre CIC delivered over 175 days of community-focused performances, including walkabout theatre, interactive street entertainment, and festive carol singing. The company also produced and toured a family pantomime production of Alice in Wonderland across multiple venues during the summer holidays, bringing high-quality, accessible theatre to audiences who may not otherwise have access to live performance. Through these activities, SD Theatre CIC continued to provide meaningful cultural engagement, creative employment opportunities for local artists, and inclusive entertainment that supports community wellbeing and participation in the arts.

Consultation with stakeholders

SD Theatre CIC recognises the importance of engaging with its stakeholders, including audiences, performers, venue partners, and accessibility advisors. After each stage production and touring performance, audience members were invited to complete feedback forms to share their experiences and suggestions. This feedback has been used to shape future productions, ensuring they remain engaging, inclusive, and responsive to community needs. In addition, the company worked with an access consultant throughout the year to review production design, venue layouts, and audience communication methods, ensuring accessibility and inclusivity were prioritised at every stage. The feedback received has directly informed programming decisions and accessibility improvements for future performances.

Directors' remuneration

During the financial year, directors received remuneration as follows: £1,677.52 No directors received any other benefits or had any interests in transactions with the company beyond their normal remuneration.

Transfer of assets

During the financial year, the company received assets from Same Difference Arts CIC, a connected community interest company under common directorship. These included a motor vehicle valued at £1,935 and Theatre Tax Relief funds totalling £14,113.13, transferred to support the continuation of community theatre activities following the cessation of Same Difference Arts CIC. The transfers were made in accordance with both organisations’ asset-lock provisions and for the continued benefit of the community. No consideration was paid, and no personal or private benefit was obtained by any director.

This report was approved by the board of directors on
31 October 2025

And signed on behalf of the board by:
Name: Jack Pitfield
Status: Director