Company registration number SC298278 (Scotland)
Charity registration number SC032678 (Scotland)
DOGSTAR THEATRE COMPANY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
DOGSTAR THEATRE COMPANY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
B W Spence
Mr D MacInnes
K M Smith
C Macneil
(Appointed 9 October 2025)
K Black
(Appointed 9 October 2025)
C Rogerson
(Appointed 3 November 2025)
Charity number (Scotland)
SC032678
Company number
SC298278
Registered office
Redwood
19 Culduthel Road
Inverness
IV2 4AA
Independent examiner
Rhona Wilson BA, FCCA
MacKenzie Kerr Limited
Chartered Accountants
Redwood
19 Culduthel Road
Inverness
IV2 4AA
Bankers
Royal Bank of Scotland plc
Inverness Head Office
29 Harbour Road
Inverness
IV1 1NU
DOGSTAR THEATRE COMPANY
CONTENTS OF THE FINANCIAL STATEMENTS
Page
Trustees' report
1 - 5
Independent examiner's report
6
Statement of financial activities
7
Balance sheet
8
Notes to the financial statements
9 - 17
DOGSTAR THEATRE COMPANY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 March 2025.

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 Memorandum and Articles of Association, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) 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 company is established for charitable purposes to promote, maintain, improve and advance the education of the public by:

- the creation and promotion of touring theatre productions

- the commissioning and development of new plays

- strengthening links between the written, oral and musical traditions of Highland and Gaelic Scotland

- the creation of workshop and education programmes which support the above

Volunteers

Many volunteers give up their time to help out with the company. We are greatly indebted to these volunteers for their commitment and support.

Achievements and performance

2024-25 was an extremely busy year for Dogstar. The company delivered a number of successful projects, including three touring theatre productions with accompanying Creative Learning work in schools. There were also significant developments in nurturing playwriting in the Highlands & Islands. The company also took charge of the interpretative writing for the new Inverness Castle Experience. The Artistic Director worked with the Producer and the Board to plan and write a major grant application to Creative Scotland for Multi-Year Funding. The failure to be granted this 3-year funding at the end of January was a great disappointment and the one negative event in an otherwise highly successful year. The company’s governance was stable, with board membership remaining constant, providing good support to the Artistic Director and Producer.

 

Catch the Sparks

Following on from the great success of SPARK – The Highland New Play Festival in January 2024, we received a substantial grant for a programme of work aimed at nurturing playwriting and theatremaking in the Highlands & Islands. Entitled Catch the Sparks, the programme was designed to provide new opportunities for budding playwrights and theatremakers in schools and adult groups across the north Highlands and Islands, to assist with the development of Dogstar’s international work and to provide commissioning opportunities for new and established playwrights.

 

An application was submitted in November 2023 and we were informed in March 2024 that it had been successful. Work commenced in April 2024 with the programme running until late 2025.

DOGSTAR THEATRE COMPANY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

Creative Learning in Schools

Dogstar appointed specialist Fiona Moon to lead our engagement work in schools. This took the form of short residencies in six secondary schools, ranging from 1.5 to 4 days in length, a total of 39 half-day workshops with 115 pupil participants, with an additional 250 engaged as audience members. Each group was taken through a process of how a play or piece of theatre is constructed, and each used this knowledge to then write and perform an original play. Every student reported having learnt new skills in relation to playwriting and theatre making.

 

The project aimed to:

 

These goals were met, along with several unexpected or additional outcomes:

 

Creative Learning Programmes for Adults will take place in Autumn 2025.

 

Playwriting Commissions

New plays were commissioned from writers Anna Halas, Jack MacGregor, Jack Hunter and Isla Robertson. Further seed commissions will be commissioned in 2025.

 

The Fallen Angels of the Moine

We were very happy to be able to carry out a short tour with George Gunn’s Highland spaceport fantasy The Fallen Angels of the Moine during late August-early September. Dogstar first created this production in February-March 2022 at the tail end of the Covid pandemic, when we could only film the performance. The opportunity to present it to Highland audiences arose via Creative Scotland’s Extended Programme Fund. The production acted as a vehicle to stimulate interest in our playwriting and theatremaking workshop programmes. Attendances were high and audience reception excellent.

 

The Tailor of Inverness

The company’s flagship production was revived in 2024, after a 5-year hiatus. The play ran for 4 weeks at London’s Finborough Theatre during May & June, receiving its usual powerful response from audiences and critics. We were lucky enough to have a full-page essay about the play, written by Matthew, published in The Guardian shortly before we opened in May.

The production was revived again in the autumn after receiving invitations from Sweden and France. In Sweden, we performed to full houses at the Skellefteå Storytelling Festival in northern Sweden, also playing in the neighbouring city of Umeå. This was our second visit to Skellfeteå with the show. It was there for the very first Storytelling Festival in 2009. Our trip to France was a first for Dogstar. Our invitation was from the University of Savoie-Mont Blanc in Chambéry, where the show was part of a theatre conference. We also presented the show in Chambéry’s Cité des Arts venue. Rehearsals for these performances took place in Evanton, Easter Ross, where we presented a free open dress rehearsal for the local community with around 100 attending. In addition, we presented three sold out performances at Edinburgh’s Traverse Theatre between our foreign trips. Overall, in 2024 the production played 37 times to around 2,700 people.

 

The continuing demand for and, sadly, increased relevance of, The Tailor of Inverness, especially in light of the continuing Russian invasion of Ukraine along with several other wars around the world, has led to the likelihood that the production will tour again in 2026 or 2027.

 

 

 

 

DOGSTAR THEATRE COMPANY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -

The Testament of Gideon Mack

Work to develop the company’s major new production continued throughout 2024. The creative team, led by director Meghan de Chastelain, was completed: Designer-Kenneth Macleod; Composer-Aidan O’Rourke; Movement & Intimacy Director-Sasha Harrington; Lighting-Kate Bonney. Over 50 actors were auditioned for a final cast of 8 – Kevin Lennon, Molly Innes, Blythe Jandoo, Matthew Zajac, Anthony Strachan, Rebecca Wilkie, Katja Searle and Fraser Seivewright. We also had an excellent production team led by Susie Normand. The production opened at Eden Court Theatre Inverness on February 15th and toured to 11 mid-scale venues across Scotland until March 15th, playing to over 5,000 people with most performances sold out and an excellent response from audiences and critics.

 

An excellent Creative Learning programme for schools accompanied the tour, led by Vicky Macrae and Jack Macgregor. This took place in 8 secondary schools across the country, with 208 pupils participating with their teachers.

 

We hope to revive this production.

 

Multi-Year Funding

Our Stage 2 application and 2025-28 Business Plan were submitted in April 2024. We received the disappointing news that the application was unsuccessful at the end of January 2025. This led to some protest on social media from sympathetic friends and members of the public. The columnist Lesley Riddoch also wrote a column in the National newspaper questioning Creative Scotland’s refusal to support Dogstar with Multi-Year Funding. Board member Duncan Macinnes and Matthew Zajac met with representatives of Creative Scotland at the end of March, where a defence of the application process was made by CS officer Bernie Reagan. We were urged to apply for Transition Funding which CS had earmarked for the company, either for winding the company down or to enable the company to strengthen its resilience and develop a longer-term fundraising strategy which might lead to a wider range of income streams.

Inverness Castle Experience

Dogstar was asked in January 2024 to take charge of the interpretative writing for the new Inverness Castle Experience (ICE) visitor attraction currently being built in Inverness. We worked with design consultancy Mather & Co. and Audio Visual specialists Ay-Pe, all under the auspices of Highland Council’s project managers at High Life Highland. We assembled a team of local writers to meet the requirements of this interpretative writing project, allocating the project’s wide-ranging graphic, audio and audio visual stories to each of them. Calum Macleod was appointed as lead Gaelic writer and translator, working with Matthew Zajac and our producer Jess Lusk as the core team, with Jennifer Henderson, George Gunn, Isla Robertson and Rosie Hart completing the writing team, all of whom made substantial contributions to the project. ICE is due to open in late 2025 and we expect Dogstar’s work on the project was completed in April.

Financial review
Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The unrestricted funds, which are the operational reserves of the charity, arise from past operating results and show the general fund having a balance of £106,544 (2024 - £3,778) at the year end, with a balance of £4,744 (2024 - £1,420) in the fixed asset fund.

Grants and donations have been received during the year whose use is restricted. At the year end, the balance of restricted funds total £5,087 (2024 - £17,255).

DOGSTAR THEATRE COMPANY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
Principal funding sources

The principal funding source for the charity is Creative Scotland. During this financial year, grant instalments were received from Creative Scotland through The National Lottery Open Fund for Organisations, the Touring Fund for Theatre and Dance Programme and the final instalment was received for the Arctic Winds through the Sustaining Creative Development Fund.

Major risks

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Plans for future periods

We are currently awaiting the result of a new application to the Creative Scotland Touring Fund for a Scottish tour with Anna Whealing’s play Breakers. This play was one of those presented as a rehearsed reading at the 2024 SPARK Festival. The tour is scheduled for autumn 2025. We also hope to set up a new Scottish tour for The Tailor of inverness in 2026 and we intend to apply to the Creative Scotland Open Fund to produce Every British Soldier by Alastair Cording and Tunde Euba in 2027, another SPARK presentation. We had planned a second edition of SPARK for January 2026 as part of our failed Multi-Year Funding bid, but this has been postponed. We hope to raise the money to enable us to mount SPARK again in January 2027.

 

Dogstar is currently in receipt of money from Creative Scotland’s Transition Fund. We appointed Executive Producer Rachel Dominy and assistant Producer Bryony Barclay in June, working on 6-month temporary contracts to the end of 2025. Rachel has been undertaking an overhaul of Dogstar’s policies, developing and improving the company’s governance and working with Matthew and Bryony on the development of artistic planning. Additional work is being undertaken to develop venue, school and audience databases and the company’s creative learning offer. Professional fundraising company The Arts Fundraisers has been contracted to develop a new fundraising strategy for Dogstar and the Highland Archive Centre has agreed to create a new Dogstar archive, working with Matthew Zajac.

 

Structure, governance and management

The charity is controlled by its Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The trustees, 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:

B W Spence
N E Fearne
(Resigned 9 October 2025)
S E Smart
(Resigned 8 April 2025)
A M Cran
(Resigned 9 October 2025)
Mr D MacInnes
K M Smith
C Macneil
(Appointed 9 October 2025)
K Black
(Appointed 9 October 2025)
C Rogerson
(Appointed 3 November 2025)
Recruitment and appointment of trustees

Trustees will be appointed, from time to time, either due to their interest or as other trustees resign.

 

Any new trustee will be provided with a copy of the Memorandum and Articles of Association and details of their duties as a trustee.

 

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

DOGSTAR THEATRE COMPANY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
Organisational structure

Under the Board of Trustees is the artistic director and the producer who deal with the day to day running of the company and the different performances.

The trustees' report was approved by the Board of Trustees.

B W Spence
Trustee
16 December 2025
DOGSTAR THEATRE COMPANY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DOGSTAR THEATRE COMPANY
- 6 -

I report on the financial statements of the charity for the year ended 31 March 2025, which are set out on pages 7 to 17.

Respective responsibilities of trustees and examiner

The charity trustees (who are also the directors of Dogstar Theatre Company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.The charity trustees consider that the audit requirement of Regulation 10(1)(a)-(c) of the Charities Accounts (Scotland) Regulations 2006 does not apply.

It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination is 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the 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 financial statements.

Independent examiner's statement

In the course of my examination, no matter has come to my attention

 

1. which gives me reasonable cause to believe that in any material respect the requirements:

have not been met, or

 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Rhona Wilson BA, FCCA
MacKenzie Kerr Limited
Chartered Accountants
Redwood
19 Culduthel Road
Inverness
IV2 4AA
17 December 2025
DOGSTAR THEATRE COMPANY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
2
3,000
-
3,000
-
-
-
Charitable activities
3
160,637
292,352
452,989
3,297
68,850
72,147
Total income
163,637
292,352
455,989
3,297
68,850
72,147
Expenditure on:
Charitable activities
4
57,547
304,520
362,067
17,750
44,775
62,525
Total expenditure
57,547
304,520
362,067
17,750
44,775
62,525
Net income/(expenditure)
106,090
(12,168)
93,922
(14,453)
24,075
9,622
Transfers between funds
-
-
-
7,600
(7,600)
-
Net movement in funds
6
106,090
(12,168)
93,922
(6,853)
16,475
9,622
Reconciliation of funds:
Fund balances at 1 April 2024
5,198
17,255
22,453
12,051
780
12,831
Fund balances at 31 March 2025
111,288
5,087
116,375
5,198
17,255
22,453

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

DOGSTAR THEATRE COMPANY
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 8 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
10
4,744
1,420
Current assets
Debtors
11
51,507
986
Cash at bank and in hand
93,416
21,499
144,923
22,485
Creditors: amounts falling due within one year
12
(33,292)
(1,452)
Net current assets
111,631
21,033
Total assets less current liabilities
116,375
22,453
The funds of the charity
Restricted income funds
13
5,087
17,255
Unrestricted funds
14
111,288
5,198
116,375
22,453

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 March 2025.

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.

The financial statements were approved by the trustees on 16 December 2025
B W Spence
Trustee
DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 9 -
1
Accounting policies
Charity information

Dogstar Theatre Company is a private company limited by guarantee incorporated in Scotland. The registered office is Redwood, 19 Culduthel Road, Inverness, IV2 4AA.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) 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)". 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 applying FRS 102 Update Bulletin 1 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 trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees 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 trustees in furtherance of their charitable objectives.

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.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
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.

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.

Grants received towards revenue expenditure are released to the profit and loss account in the period to which the income relates. Grants relating to capital expenditure are transferred to the relevant restricted fund and written off over the life of the asset.

DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies (Continued)
- 10 -
1.5
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.

Governance costs

Governance costs include costs of governance which relate to the general running of the charity, including the cost of external examination.

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:

Fixtures and equipment
15% on cost
Computers
33% 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 recognised in the statement of financial activities.

It is the policy of the charity not to capitalise items under £100.

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).

1.8
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.

1.9
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.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies (Continued)
- 11 -
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.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Taxation

The charity is exempt from corporation tax on its charitable activities.

2
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Donations and gifts
3,000
-
DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 12 -
3
Income from charitable activities
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Theatre productions
Ticket sales
50,839
-
50,839
1,624
-
1,624
Writing commission
73,118
-
73,118
-
-
-
Grants
-
292,352
292,352
-
68,850
68,850
Training course
-
-
-
1,673
-
1,673
Theatre tax relief
36,680
-
36,680
-
-
-
160,637
292,352
452,989
3,297
68,850
72,147
Charitable grants received analysis
Theatre productions
Theatre productions
2025
2024
£
£
Creative Scotland-The National Lottery Open Fund for Organisations
11,193
33,582
Creative Scotland-Touring Fund for Theatre and Dance Programme
138,335
27,668
Creative Scotland-The National Lottery Extended Programme Fund for Organisations
142,824
7,600
Other
-
-
(292,352)
(68,850)
DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 13 -
4
Expenditure on charitable activities
Theatre productions
Theatre productions
2025
2024
£
£
Direct costs
Depreciation and impairment
1,863
872
Development
63,915
5,050
Production personnel
173,703
29,367
Marketing
9,586
2,874
Office and legal
1,519
91
Travel and subsistence
68,675
8,493
Production
17,436
1,669
Education
10,354
694
Photography, video and web
6,245
2,642
353,296
51,752
Share of support and governance costs (see note 5)
Support
5,911
9,615
Governance
2,860
1,158
362,067
62,525
Analysis by fund
Unrestricted funds
57,547
17,750
Restricted funds
304,520
44,775
362,067
62,525
5
Support costs allocated to activities
2025
2024
£
£
Management
-
4,800
Insurance
1,186
1,137
Administration
2,226
1,145
Travel and subsistence
-
182
Storage
1,540
1,442
Sundry expenses
58
250
Bank charges
162
46
Website and IT
739
613
Governance costs
2,860
1,158
8,771
10,773
Analysed between:
Theatre productions
8,771
10,773
DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 14 -
6
Net movement in funds
2025
2024
£
£
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
1,440
1,158
- for tax advisory services
1,300
-
Depreciation of owned tangible fixed assets
1,863
872
7
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
8
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Total
0
0
There were no employees whose annual remuneration was more than £60,000.
9
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

10
Tangible fixed assets
Fixtures and equipment
Computers
Total
£
£
£
Cost
At 1 April 2024
27,717
8,603
36,320
Additions
3,888
1,299
5,187
At 31 March 2025
31,605
9,902
41,507
Depreciation and impairment
At 1 April 2024
26,297
8,603
34,900
Depreciation charged in the year
1,430
433
1,863
At 31 March 2025
27,727
9,036
36,763
Carrying amount
At 31 March 2025
3,878
866
4,744
At 31 March 2024
1,420
-
1,420
DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 15 -
11
Debtors
2025
2024
Amounts falling due within one year:
£
£
Sundry debtors
50,505
-
Prepayments and accrued income
1,002
986
51,507
986
12
Creditors: amounts falling due within one year
2025
2024
£
£
Sundry creditors
30,552
-
Accruals and deferred income
2,740
1,452
33,292
1,452
13
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 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
The Testament of Gideon Mack
28,448
138,335
(185,227)
-
(18,444)
SPARK - The Highland New Play Festival
(11,193)
11,193
-
-
-
Extended Programme Funding
-
142,824
(119,293)
-
23,531
17,255
292,352
(304,520)
-
5,087
Previous year:
At 1 April 2023
Incoming resources
Resources expended
Transfers
At 31 March 2024
£
£
£
£
£
The Testament of Gideon Mack
780
27,668
-
-
28,448
Arctic Winds
-
7,600
-
(7,600)
-
SPARK - The Highland New Play Festival
-
33,582
(44,775)
-
(11,193)
780
68,850
(44,775)
(7,600)
17,255

The restricted funds relate to funds restricted by the donors for use with regard to specific productions.

DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13
Restricted funds (Continued)
- 16 -

Fund in deficit

At the balance sheet date, the fund for The Testament of Gideon Mack is in deficit to the value of £18,444 as a result of expenditure in advance of the final grant payment. A grant for £18,444 was received from Creative Scotland in August 2025.

 

At 31 March 2024, the fund for SPARK - The Highland New Play Festival is in deficit to the value of £11,193 as a result of expenditure in advance of the final grant payment. A grant for £11,193 was received from Creative Scotland in July 2024.

 

14
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 April 2024
Incoming resources
Resources expended
Transfers
At 31 March 2025
£
£
£
£
£
Fixed asset fund
1,420
-
(1,863)
5,187
4,744
General funds
3,778
163,637
(55,684)
(5,187)
106,544
5,198
163,637
(57,547)
-
111,288
Previous year:
At 1 April 2023
Incoming resources
Resources expended
Transfers
At 31 March 2024
£
£
£
£
£
Fixed asset fund
2,291
-
(871)
-
1,420
General funds
9,760
3,297
(16,879)
7,600
3,778
12,051
3,297
(17,750)
7,600
5,198

The fixed asset fund represents all the fixed assets held by the company.

Transfers

In 2025, £5,187 was transferred to the fixed asset fund from the general fund to reflect the purchase of fixed assets in the year.

 

In 2024, an amount of £7,600 was received from Creative Scotland to cover the costs met by the general fund in the previous year and a transfer of £6,405 from the Arctic Winds fund to the general fund reflects the reimbursement of the general fund. A balance of £1,195 remained in the Arctic Winds fund after completion of the project and this was transferred to the general fund with the permission of the funder.

DOGSTAR THEATRE COMPANY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
15
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
4,744
-
4,744
Current assets/(liabilities)
106,544
5,087
111,631
111,288
5,087
116,375
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
1,420
-
1,420
Current assets/(liabilities)
3,778
17,255
21,033
5,198
17,255
22,453
16
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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