Company registration number 02705166 (England and Wales)
GLOUCESTERSHIRE EVERYMAN THEATRE CATERING COMPANY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
GLOUCESTERSHIRE EVERYMAN THEATRE CATERING COMPANY LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
GLOUCESTERSHIRE EVERYMAN THEATRE CATERING COMPANY LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
58,605
35,977
Current assets
Stocks
10,308
18,688
Debtors
82
3,981
Cash at bank and in hand
58,806
54,182
69,196
76,851
Creditors: amounts falling due within one year
(127,799)
(112,826)
Net current liabilities
(58,603)
(35,975)
Net assets
2
2
Capital and reserves
Called up share capital
5
2
2

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

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 27 October 2025 and are signed on its behalf by:
M Goucher
Director
Company registration number 02705166 (England and Wales)
GLOUCESTERSHIRE EVERYMAN THEATRE CATERING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Gloucestershire Everyman Theatre Catering Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Regent Street, Cheltenham, Gloucestershire, United Kingdom, GL50 1HQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts 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
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.

1.3
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:

Fixtures and fittings
At varying rates on cost

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 credited or charged to profit or loss.

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

1.4
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.

1.5
Retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charges to profit or loss in the period to which they relate.

GLOUCESTERSHIRE EVERYMAN THEATRE CATERING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors 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
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
40
36
4
Tangible fixed assets
Total
£
Cost
At 1 April 2024
375,761
Additions
30,552
Disposals
(5,862)
At 31 March 2025
400,451
Depreciation and impairment
At 1 April 2024
339,784
Depreciation charged in the year
7,924
Eliminated in respect of disposals
(5,862)
At 31 March 2025
341,846
Carrying amount
At 31 March 2025
58,605
At 31 March 2024
35,977
GLOUCESTERSHIRE EVERYMAN THEATRE CATERING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2
2
2
2
6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Roger Downes FCA
Statutory Auditor:
BK Plus Audit Limited
Date of audit report:
27 October 2025
GLOUCESTERSHIRE EVERYMAN THEATRE CATERING COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
7
Related party transactions
Transactions with related parties

Gloucestershire Everyman Theatre Company Limited

Parent charitable company

During the year, profits of £96,590 (2024: £73,827) 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 £230,931 (2024: £318,208) 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 £69,072 (2024: £57,994) for costs incurred by the company on the parent charity's behalf.

At the year end, £52,433 (2024: £38,245) was due to the parent charity.

The Gloucestershire Everyman Theatre Productions Company Limited

Fellow-subsidiary company

During the year, goods to the value of £641 (2024: £12) 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 £175 (2024: £210) were sold to the related party on an arms' length basis.

BPE Solicitors

Company in which one of the directors and a trustee of the parent charity is also a partner

During the year, goods to the value of £625 (2024: £515) were sold to the related party on an arms' length basis.

WellChild

Charity in which one of the directors and a trustee of the parent charity is also a senior employee

During the year, WellChild paid £1,008 including VAT (2024: £nil) for a function arranged on an arms' length basis.

Soldiers of Gloucestershire Museum

Charity in which one of the directors and a trustee of the parent charity is also a trustee

During the year, goods to the value of £320 (2024: £nil) were sold to the related party on an arms' length basis.

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