Stagedright Community & Education Limited Charity Accounts

COMPANY REGISTRATION NUMBER: 08273894

CHARITY REGISTRATION NUMBER: PENDING

Stagedright Community & Education Limited

Company Limited by Guarantee

Unaudited Financial Statements

31 July 2026

Stagedright Community & Education Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 July 2026

	Page

Trustees' annual report (incorporating the director's report)	1

Chartered accountants report to the board of trustees on the preparation of the unaudited statutory financial statements	3

Statement of financial activities (including income and expenditure account)	4

Statement of financial position	5

Notes to the financial statements	6

Stagedright Community & Education Limited

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 July 2026

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2026 .

Reference and administrative details

Registered charity name	Stagedright Community & Education Limited

Charity registration number	Pending

Company registration number	08273894

Principal office and registered	Briar Lea House
office	Brampton Road
	Longtown
	Carlisle
	Cumbria
	CA6 5TN

The trustees

	S McNeill
	D McNeil

Company secretary	S McNeill

Accountants	Gordon Consultancy Limited
	Chartered Accountants
	Briar Lea House
	Brampton Road
	Longtown
	Carlisle
	Cumbria
	CA6 5TN

Structure, governance and management

The StagedRight Charity was set up in memory of 17 year old Tom McNeill

Tom died tragically in the summer of 2011 and his family wanted to use his memory and inspiration to help young people within the arts - both on stage and off.

Many people know of the StagedRight ‘family’ but Tom's Charity is run completely separately.

Objectives and activities

Our aim is to encourage young people to be the best that they can be and we will, where possible, support individuals and groups who would benefit from music, dance or drama.

If a child cannot speak with confidence then interviews and career prospects are slim. Not very child wants to be on stage and whilst we want to help ‘stars to be’, we also aim to work with those who simply need a boost or positive start.

Achievements and performance

With your support we can help fund small arts projects or finance music, drama or dance for those with a passion but often with limited or no financial means.

StagedRight Community & Education is independent and governed by an external board of Trustees. This group of volunteers oversee and manage the financial aspects of the charity whilst the McNeill family drives creative objectives.

The Charity Commission of Great Britain has approved the setting up of the fund but cannot give a Charity Number until the bank account shows £5,000.

Financial review

The Charity continues to show steady improvements year on year.

Plans for future periods

The trustees plan for the charity to continue.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 12 August 2026 and signed on behalf of the board of trustees by:

S McNeill	S McNeill
Trustee	Charity Secretary

Stagedright Community & Education Limited

Company Limited by Guarantee

Chartered Accountants Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of Stagedright Community & Education Limited

Year ended 31 July 2026

As described on the statement of financial position, the trustees of the charity are responsible for the preparation of the financial statements for the year ended 31 July 2026, which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes.

You consider that the charity is exempt from an audit under the Companies Act 2006.

In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Gordon Consultancy Limited Chartered Accountants

Briar Lea House Brampton Road Longtown Carlisle Cumbria CA6 5TN

12 August 2026

Stagedright Community & Education Limited

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 July 2026

	2026		2025
	Unrestricted funds	Total funds	Total funds
Note	£	£	£

Income and endowments

Donations and legacies	5	1,236	1,236	3,921
		-------	-------	-------
Total income		1,236	1,236	3,921
		-------	-------	-------

Expenditure

Expenditure on raising funds:

	Costs of raising donations and legacies	6	1,763	1,763	895
Expenditure on charitable activities		7,8	346	346	2,107
			-------	-------	-------
Total expenditure			2,109	2,109	3,002
			-------	-------	-------

	-------	-------	-------
Net (expenditure)/income and net movement in funds	( 873)	( 873)	919
	-------	-------	-------

Reconciliation of funds

Total funds brought forward	2,254	2,254	1,335
	-------	-------	-------
Total funds carried forward	1,381	1,381	2,254
	-------	-------	-------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Stagedright Community & Education Limited

Company Limited by Guarantee

Statement of Financial Position

31 July 2026

	2026		2025
Note	£	£	£

Current assets

Cash at bank and in hand	1,405		2,302

Creditors: amounts falling due within one year	11	24		48
		-------		-------
Net current assets			1,381	2,254
			-------	-------
Total assets less current liabilities			1,381	2,254
			-------	-------
Net assets			1,381	2,254
			-------	-------

Funds of the charity

Unrestricted funds		1,381	2,254
		-------	-------
Total charity funds	12	1,381	2,254
		-------	-------

For the year ending 31 July 2026 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- 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 ;

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

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

These financial statements were approved by the board of trustees and authorised for issue on 12 August 2026 , and are signed on behalf of the board by:

S McNeill
Trustee

Stagedright Community & Education Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 July 2026

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Briar Lea House, Brampton Road, Longtown, Carlisle, Cumbria, CA6 5TN.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members are liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

5. Donations and legacies

Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
£	£	£	£

Donations

Donations	1,236	1,236	3,921	3,921
	-------	-------	-------	-------

6. Costs of raising donations and legacies

	Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
	£	£	£	£
Costs of raising donations and legacies - Donations	1,763	1,763	895	895
	-------	-------	----	----

7. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
	£	£	£	£
Charitable Activities	306	306	1,989	1,989
Support costs	40	40	118	118
	----	----	-------	-------
	346	346	2,107	2,107
	----	----	-------	-------

8. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2026	Total fund 2025
	£	£	£	£
Charitable Activities	306	–	306	1,989
Governance costs	–	40	40	118
	----	----	----	-------
	306	40	346	2,107
	----	----	----	-------

9. Staff costs

The average head count of employees during the year was Nil (2025: 2 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2026	2025
	No.	No.
Trustees	–	2
	----	----

No employee received employee benefits of more than £60,000 during the year (2025: Nil).

10. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

11. Creditors: amounts falling due within one year

	2026	2025
	£	£
Accruals and deferred income	24	48
	----	----

12. Analysis of charitable funds

Unrestricted funds

	At 1 August 2025	Income	Expenditure	At 31 July 2026
	£	£	£	£
General funds	2,254	1,236	(2,109)	1,381
	-------	-------	-------	-------

	At 1 August 2024	Income	Expenditure	At 31 July 2025
	£	£	£	£
General funds	1,335	3,921	(3,002)	2,254
	-------	-------	-------	-------

13. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2026
	£	£
Current assets	1,405	1,405
Creditors less than 1 year	(24)	(24)
	-------	-------
Net assets	1,381	1,381
	-------	-------

	Unrestricted Funds	Total Funds 2025
	£	£
Current assets	2,302	2,302
Creditors less than 1 year	(48)	(48)
	-------	-------
Net assets	2,254	2,254
	-------	-------