Ups And Downs Theatre Group - Charities report

REGISTERED COMPANY NUMBER: SC411789 (Scotland)

REGISTERED CHARITY NUMBER: SC042908

Report of the Trustees and

Unaudited Financial Statements

For The Year Ended 31st March 2025

for

Ups And Downs Theatre Group

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

12

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 2025. 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).

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

We have had a good year, culminating in the success of our yearly show which was even more special this year as the club was celebrating its 30th Anniversary.

Callum Beattie and his manager David Rogers are still the patrons of the club and as a special surprise at the end of this year's show the cast were asked to join Callum at the opening of his performance at the Hydro in Glasgow on the 22nd November.

Throughout the year the cast have continued to be able to go out and fundraise at different events. Cleland Gala Day, Tesco Bellshill, To good to throw at Ravenscraig.

The club was also given a £10,000 donation from the Bank of Scotland Foundation and hopefully this should be matched again this coming year.

The social media has been updated and hopefully will also create more awareness of the club.

FUTURE PLANS

It has been a busy year with the preparation of the 30th Anniversary Show which took place in March and was a resounding success with all the cast and members.

The objective for August when the club returns is to continue with this success and hopefully build more awareness of the group to new and old audiences.

The club won a successful bid from the Bank of Scotland for £10,000 this year and hopefully we will receive a further £10,000 ones we provide the information required to acquire this extra funding.

The website has been updated along with other social media forms, this will enable us to put more information out there about any upcoming events the club are involved in. Especially the opportunity given to the cast to sing along with Callum Beattie at the Hydro in November.

More fundraising activities are planned to enable the club to continue being able to put on performances and enough funds for other fun things to do, like parties and outings to the theatre.

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

Trustees

Mrs A S O'Neill President (resigned 17/8/2025)

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

S Rowan Detective Constable (appointed 20/10/2024)

Mrs A M Jack Office Administrator (appointed 20/10/2024)

P Timmons Head of Operations (appointed 20/10/2024) (resigned 17/8/2025)

Mrs L K Leggatt President (appointed 20/10/2024)

Mrs S Pirie Vice President (appointed 20/10/2024)

Ms R A Watson (appointed 17/8/2025)

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 17th August 2025 and signed on its behalf by:

Mrs M R Clemente - Trustee

I report on the accounts for the year ended 31st March 2025 set out on pages four to twelve.

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

17th August 2025

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

19,732

-

19,732

9,829

Other trading activities

2

49,350

-

49,350

40,536

Investment income

3

7

-

7

1

Total

69,089

-

69,089

50,366

EXPENDITURE ON

Raising funds

4

6,795

-

6,795

4,731

Charitable activities

Charitable

-

4,412

Show production

63,595

-

63,595

37,678

Other

84

-

84

-

Total

70,474

-

70,474

46,821

NET INCOME/(EXPENDITURE)

(1,385

)

-

(1,385

)

3,545

RECONCILIATION OF FUNDS

Total funds brought forward

60,835

-

60,835

57,290

TOTAL FUNDS CARRIED FORWARD

59,450

-

59,450

60,835

2025

2024

Unrestricted

Restricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

8

747

-

747

1,822

CURRENT ASSETS

Cash at bank and in hand

59,603

-

59,603

59,829

CREDITORS

Amounts falling due within one year

9

(900

)

-

(900

)

(816

)

NET CURRENT ASSETS

58,703

-

58,703

59,013

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,450

-

59,450

60,835

NET ASSETS

59,450

-

59,450

60,835

FUNDS

10

Unrestricted funds

59,450

60,835

TOTAL FUNDS

59,450

60,835

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 17th August 2025 and were signed on its behalf by:

M R Clemente - Trustee

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.

2.	OTHER TRADING ACTIVITIES

2025

2024

£

Fundraising events

-

3,651

Merchandising

1,598

150

Memberships

3,110

2,595

Patron memberships

2,430

1,735

Entertainment - Panto income

7,606

3,703

Entertainment - Noda shows

2,120

300

Ticket income

15,785

14,976

Raffle income

12,764

9,236

Advertising income

950

800

DVD sales

969

458

Program sales

1,260

1,727

Crafts income

-

1,205

Polo's

758

-

49,350

40,536

3.	INVESTMENT INCOME

2025

2024

£

Deposit account interest

7

1

4.	RAISING FUNDS

Investment management costs

2025

2024

£

Repairs & renewals

872

-

5.	NET INCOME/(EXPENDITURE)

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

2025

2024

£

Depreciation - owned assets

1,075

547

Other operating leases - rent

2,809

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2025 nor for the year ended 31st March 2024.

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

9,829

-

9,829

Other trading activities

40,536

-

40,536

Investment income

1

-

1

Total

50,366

-

50,366

EXPENDITURE ON

Raising funds

4,731

-

4,731

Charitable activities

Charitable

4,412

-

4,412

Show production

37,678

-

37,678

Total

46,821

-

46,821

NET INCOME

3,545

-

3,545

RECONCILIATION OF FUNDS

Total funds brought forward

57,290

-

57,290

TOTAL FUNDS CARRIED
FORWARD

60,835

-

60,835

8.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1st April 2024 and 31st March 2025

329

15,909

16,238

DEPRECIATION

At 1st April 2024

205

14,211

14,416

Charge for year

37

1,038

1,075

At 31st March 2025

242

15,249

15,491

NET BOOK VALUE

At 31st March 2025

87

660

747

At 31st March 2024

124

1,698

1,822

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Accrued expenses

900

816

10.	MOVEMENT IN FUNDS

Net

movement

At 1/4/24

in funds

At 31/3/25

£

Unrestricted funds

General fund

60,835

(1,385

)

59,450

TOTAL FUNDS

60,835

(1,385

)

59,450

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

69,089

(70,474

)

(1,385

)

TOTAL FUNDS

69,089

(70,474

)

(1,385

)

Comparatives for 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

Comparative 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

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

Net

movement

At 1/4/23

in funds

At 31/3/25

£

Unrestricted funds

General fund

57,290

2,160

59,450

TOTAL FUNDS

57,290

2,160

59,450

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

119,455

(117,295

)

2,160

TOTAL FUNDS

119,455

(117,295

)

2,160

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2025.