The Rondo Trust for the Perforniing Arts Report and Accounts for the year ended 31 Juty 2024 Reglstered Charlty no. 10IN1051
THE RONDO TRUST FOR THE PERFORMING ARTS Reglstered Charlty no. 1(XMMJ51 Roport and Aceounts for the year ended 31 Juty 2024 TABLE OF CONTEIITS Page No. Admlnlstration Report Trustees Report Report of the Independent Examlner Statement of Flnanclal Activlties Balance Sheet Notes to the Flnanclal Statements
THE RONDO TrUST FOR THE PERFORMING ARTS Reglstsred Chwlty no. 11MIYJ51 ADMINISTrATION REPORT FOR THE YEAR ENDED 31 July 2024 Trustees Mr J Hetreed (Chairman) Mr P Boddy Mr R Leigh Mr M Nation Ms A Wrlght Mr O Lanodon Appolnted 20 March 2024 Appolnted 20 March 2024 Charity No. 1000051 Address The Rondo Theatre St Savlouts Road Larkhall Bath BA16RT Bankers HSBC Bank plc 45 Milsom Street Bath BA11DU Independent Examiner Mr R M Webster The Great Barn Frampton Mansell Stroud Gloucestershlre GL6 8JB Theatre Manaoer Mr l McGtynn The Rondo Theatre St Savlours Road Larkhall Bath BA16RT
Tlff HOIIDO TRIAT FCAI M PEPS(18 Am IRUITEES REPORT FCAI M YEAR EMI rtiy lkn IIWXrfA1 The tru8tee8 present thelr report for the year to 31 2024 The Rondo Tru3t forThe Perfomilng Arts15 a boty8et vp by a deed on 27 Juty 1 (amended ty d8ed on 17 Auguit 2LWJ9). The ollects of th8 tnjst are to eduiate the Dubllc In the perfo1n0 arts. In panicular by the promoDon a1 produth.on ot plays and the encourdgement ol the arts Includ1 the arts ot drama. mlme, dae, slwlng and M1clOrthe benefit of the pulA. The makn a¢htreS undertaktn bythe trust are the promotion of perfomiarte$ at the Rondo Theatre by both amateur and prolessh)n•l arrisls, and supporting the Rondo Mulc a1 Concert Club, the Rondo Theatre Compary, the Rondo Wrfl8n Group, the Rondo Acto Wortshops. and ¢hÉklre theatre qrout 7he trustees hm had rrd to the (arlty Commlthn'i uuldance on publk benefit The trutt8# xnrtng durlng the yoar are Wed In the Admln151ratiOll report on p8 1. New trusteu may be appolnted by a revjluoon olthe trurteeL The tnjstees report that the TnAt has had a 3u(xeMful year. The trustees are lookky INwanl to a 8LK¢essful luture. The trustees are dtelul lorthe of tho who have contrfbuted to the Rondo Pledge Scheme. The Rondo Loverscheme and the Rondo Sgat F The trustees fft1u8 to enwre that the Pnd0 Theatre ts well malnwned. The Trust6K report another w(YAMful year. wlth a net Inftow oflunts ol 4,8 ReserveL It ts the polKy ofth8 twstees to malntaln reserves suffictent to ensure the ntInUed irnful operation ol the theatre aThJ Its vhies. The twitees ts)nderthat the rr¥e3 held are appmprlate to purnue the ot4$ and )wlties of the trust. The lrnstees monitor the to tl Onton M a regular ba4& Thty are satisfied are In place to mlnlmlso or mlhoate the. The trv8tees arg requlred to ppare acujunts loreach finanrjal year, wldch ghe a trne •rnl hlrTA•w of the of affalrs ol the tnmt ol the surplus or deflt forthat year. In pTrparlno those aLxounts the tnMt8u are reqthrKI Io: 11 Select iultsble aixA)unting polldes and appty them eonststenlly. Make judgements and lmat that are reasonable ano pdent 3) Prepare the finan¢lal statements on the L¥Jkng cO9M basls, unless It th Inapproprlate to pume that the trt WUI continue In (yerntr"on. The trustees are responsltde fwthe keeWThJ ol posltion of the tru. They are atso rup119 recorth whh dlxkxe lth reaMM4tle wraey at any timè the finarKlal or saleguardlNJ he assets ofthe tnt WKI lorlathw reaKlable iteps forthe prevention and dete¢Th" of fraud and other Irregularkies. The trurtees (Jjnilder that the audlt requlrement ol secoon 144 01 the Charhfies Act 2011 dou not ¥*. Th8 trust Conn£S to re on VOnteerS who ¥upport the staff effltAryJed ty t tnAt. Tr the PTh1othe su8# that tt and the truiteu woukl Ike to tske thth opportunty to thank them forthelrcominued wpwrL Approved tytho on thelr behaff ty l.Hetreod Chalrman of the Trnst Date..
THE RONDO TRUST FOR THE PERFORMING ARTS REPORT OF THE INDEPENDENT EXAMINER FOR THE YEAR ENDED 31 Juty 2024 Report of The Independent Examln¢r to the Tntstees of the Rondo Tt ft>r the Perfornilng Arts. Charlty Number 1000061. I report on the accounts of the Twst for the year ended 31 July 2024 Respecllve r•sponslbllltles of Irust•es and ¢xamin•r The charity's trustees are resFM)nsible for the preparation of the aOunts. The tharity's trustees consider that an audst is not required for this year uThJer seth.on 144 of the Chanties Act 2011 ('the Charrties Acr) and that an independent examination is needed. It is my responsibility to-. examine the ac(UntS under section 145 of the Charlies A¢ to follow the procedu$ lamj dovm in the genernl t)¥ed gi¥en by the Charty Commission (under sedion 145{51(b} of the Chartties Aca. and to state whether pathular mattets have Come to my attention Basls of Independent examln•fs slatement y examination was carrj out in accordan vthh general Directions given by the Charity Commission. An examination indudes a rewew of the account"rKJ reeords kept by the chajity and a comparison of the a¢eounts presented with those records. It also indudes consideration of any unusual tlems or disclosures in the accounts. and seeking explanab'ons from the trustees concerning any such matters. The proodures undertaken do not provide all the evidence that would be required in an audtt, and consequendy no opinion is grven as to whether the aecounts present a 'trLte and fai ew anli the report is limrted to those matters set out in the statement below. Independent examlneffs statsment In connection wrth my examination. no material mattef5 have ¢Jxne to my attention which gNes me cause to believe that in, any material respect the acuunting records were not kept in accordan ryth sectb)n 130 of the Charis Act.. or Ihe accounts dpj not a¢cord with the acuunling records", or the aw)unts dbj not compty with the applicable wuirements (x)nceming the fom) and c4Jntent of accounts set out in the CharitÈs (Accounts and Reports) Regulations 2008 other than any requIrnet Ihat the accounts gp4e a Irue and fa view which is not a matter consthred as part of an widopendent examinauor.. I have come across no other matter5 in nnectM wrth the examination to which attention should be rawn in this report in ordèr to enable a proper under5tsnding of the atxounts to be reached. ¢MMJL Date". R M IA*bster The Great Strowl GIrStelIe GL6 8JB
1.387 51,274 21452 6,316 44.657 51274 23,452 6.316 35.291 20,453 33 37,296 751 125, 125, 103. 127 1272 109.26 10.(*J5 3.072 25.7 13,525 10.536 25.711) 13 10, 14,750 13,765 16.278 4,410 16,659 18,667 1572 20.626 16,9n 14 16,971 15 102J93 102,9 24. 24, 24. 24,853 6,28 51.81 45530 n,81 51,81 re no othirrv• orloj The Thot# on paq¥ 6 to8 Iwm pArtofthae•x¥om
2024 These arxounts have been prepared under the h15torkal cost convention wlth Items recognlsed at cost transaction value unless otherwtse stated In the relevanl notels) to these accounts. The accounts have been prepared In accordance wllh: • the Stslement of Recommended Practice: Accountino and Reporrinp by Charfties preparlng thelr ac(y)unts in accordance with the Flnancthl Reponing Standar(f appllcable In the UK and Republlc of Ireland IFRS 1021 issued on 16 ju 2014 and wlth the Flnanclal Reporting standard applicable In the Unlted Klngdom and Republlc of Ireland IFRS 102) • artd wlth the CharlttesAct 2011. The charity constitutes a publk benefit efftity as defined by FRS102 There has been no offtetting of assets and Ilablllties. or Income and expenses. unles8 requlred or permltted by the FRS102 SORP or FRS102 Items of Income are Included In the Statement ol FlnarKlal Acthies (SoFA} when: the charity becomes entitled to the reJourceJ' the trustees are vlrtualty certain they will recefve the rewuw and the monetary value can be measured wtth sufficlent rell8bHIty. Grants and donations are only Inclvded In Ihe SOFA when the general Income recognltion ctltersa are met15.10 to 5.12 FRS 102 SORP). The value of any voluntary help recehedls not Included In the accounts but Is descrfbed In the trustees annual report Thls Is induded kn the accounts when recelpt li probable and the amount rthalAe can be measured rellabty. Lknbllfty roc00 Liabillties are recogntsed as soon as there Is a legal or constnjctive Oblation committing the charity to the expendlture. AR expendtture is accounted for on an accruals basis. Govemance costs comprtse all costs InvoMrvJ pub accountabllity of the charity and Its compllance wlth requlation ind good practice. Tanglble ftxed a¥ets are slited at ci)Jt less depredation. Depreclation15 provlded at rdtes calculated to wrfte off lfie cost lu8 #knm&ted re8klual value of each asset over its expected useful Itfe. as follows: tlant & Equlpment at rntes between10% and 25% per annum. straloht Ilne ba813 Plo consileratioft was glven for tIFe freehokj ol the Rondo Theatre and the tnmtees have not sought to obtain a valuaiion.
ANCE yEfMAT t•14 Tangibl8 a#ets 5.71 5.71 8.213 Debtor¥ & prepaymeftts Cuh at bank and In harmj 24.549 47.869 24.549 52.726 408 57,072 Amounts falling Oye wrthlft oneyw 6.319 OJ19 13,877 70,95 71.81 76,66 51,81 Ihe no on pw6to 8forni w kntey¥ oartofthe* Slned on b8hall ofthfj TnMto# 4 Ifelre8d 4Thairman
THE RONIX) TRUST FOR PERFORMING ARTS lawlty Ilo. 11XXM151 MOTES TO THE ANTs FOR THE YEAR ENDED 31 *ly 2024 Aondo Lover & Rondo Pledge (Unrestrlcted) Rondo Seat Fund (Restricted) 1,387 969 4,857 1.387 5,826 Income Rondo Theatre Company 6,316 9,608 Expendtture Ilondo Theatre Company {2,390) (4,410) Net Income le¥s expendlture 3,926 5,198 3J Brtr Bar sales Bar purthases 44,657 (20,626) 37,296 (16,659) 24.031 20,637 Groy marpln 54% 55% Theatre programmes Other 13.038 3.933 9.873 8,794 16.971 18,667
Pl•rt & At 01 Aat 2023 Addrtioni 30.21 At 31 2024 At 01 AUM 21Y23 Dr4Dosats Charye lor the y•ar AI 31 2024 22.076 2.501 4.57 2Q24 471J 8,211 The OT the IrEeh(*l of the Rondo Theatre. No COlderatiOn wasgfven lorthe fTrehold of the Rondo Theatre th¢ tr0$ Imve not x)wlrtto obtsin a valuatfon 24.549 408 Other u8dilo 6,319 1,877 12,000 Fumts Totsl 4.4 46,959 4,857 51.816 Tran¥fen In yBar surp1 l (defot) ftKthe year 13.8581 20,Y27 24 24,853 At 2124 J15 71m2 The Rondo TheatrF Company fund li hekl by the amatevrdramaw company part ol the Rondo Tnmt. and unwtrlcted. The R#trtted Furnl reDrts unsD8nt donat lorthe replacement ol the Rondo Theatre ieating