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Spore
REGISTERED COMPANY NUMBER: 02555263 (England and Wales) REGISTERED CHARITY NUMBER: 1000934
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2025
for
Summerseat Players Limited
,
Mosley & Co 14 Market Place Ramsbottom Bury Lancashire BLO 9HT
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Summerseat Players Limited
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Contents of the Financial Statements for the Year Ended 30 June 2025
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| Page | Page | ||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 |
| Independent Examiner's Report Statementof Financial Activities |
3 4 |
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| Statement of Financial Position | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 12 |
| DetailedStatementofFinancialActivities | 13 | to | 14 |
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Summerseat Players Limited
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Report of the Trustees for the Year Ended 30 June 2025
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 30 June 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).
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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 02555263 (England and Wales)
Registered Charity number 1000931
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Registered office Theatre Royal Smithy Street Ramsbottom Bury Lancashire BLO 9AT
Trustees P C Bracewell P Larkin R W H Marley R Sallin (resigned 24.2.25) G B Sword S P Davies Mrs E Morris
Company Secretary
Independent Examiner Neil Chamberlain Mosley & Co 14 Market Place Ramsbottom Bury Lancashire BLO 9HT
| Approved by order of the board of trustees on 8 September 2025 and signed on its behalf by:
Page 1
Summerseat Players Limited
Report of the Trustees __for the Year Ended 30 June 2025
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Mrs E Morris - Trustee
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independent Examiner's Report to the Trustees of Summerseat Players Limited
Independent examiner's report to the trustees of Summerseat Players Limited Company’)
(‘the
| report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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A. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Neil Chamberlain
7
Mosley & Ca 14 Market Place Ramsbottom Bury Lancashire BLO 9HT
8 September 2025
Page 3
Summerseat Players Limited
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Statement of Financial Activities for the Year Ended 30 June 2025
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|---|---|---|---|---|---|---|
|30.6.25|30.6.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|g|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|141,452|-|141,452|113,158|
|Investment|income|2|6,240|-|6,240|6,533|
|Total|147,692|-|147,692|119,691|
|EXPENDITURE|ON|
|Raising|funds|44,932|-|44,932|33,037|
|Other|73,477|-|73,477|81,476|
|Total|118,409|-|118,409|114,507|
|NET|INCOME|29,283|-|29,283|5,184|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|798,842|20,000|818,842|813,658|
|TOTAL|FUNDS|CARRIED FORWARD|828,125|20,000|848,125|818,842|
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The notes form part of these financial statements
Page 4
Summerseat Players Limited
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Statement of Financial Position
30 June 2025
| 30.6.25 | 30.6.24 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 7 | 661,909 | - | 661,909 | 658,864 |
| CURRENTASSETS | |||||
| Stocks | 8 | 3,536 | - | 3,536 | 3,323 |
| Debtors | 9 | 5,430 | - | 5,430 | 730 |
| Cash at bank and in hand | 168,062 | 20,000 | 188,062 | 158,007 | |
| 177,028 | 20,000 | 197,028 | 162,060 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 10 | (10,812) | - | (10,812) | (2,082) |
| NETCURRENTASSETS | 166,216 | 20,000 | 186,216 | 159,978 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 828,125 | 20,000 | 848,125 | 818,842 | |
| NETASSETS | 828,125 | 20,000 | 848,125 | 818,842 | |
| FUNDS | 11 | ||||
| Unrestricted funds | 828,125 | 798,842 | |||
| Restricted funds | 20,000 | 20,000 | |||
| TOTALFUNDS | 848,125 | 818,842 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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.
The notes form part of these financial statements
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Summerseat Players Limited
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Statement of Financial Position - continued 30 June 2025;
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 8 September 2025 and were signed on its behalf by:
& Morris - Trustee
The notes form part of these financial statements
Page 6
Summerseat Players Limited
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Notes to the Financial.Statements for the Year Ended 30: June 2025
- 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 attriouted 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.
Fixtures and fittings
- 25% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
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Summerseat Players Limited
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Notes to the Financial:Statements - continued for the Year Ended 30 June 2025
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|2.|INVESTMENT|INCOME|
|30.6.25|30.6.24|
|£|£|
|Rents|received|4,680|4,680|
|Deposit|account|interest|1,560|1,853|
|6,240|6,533|
|3.|NET|INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|30.6.25|30.6.24|
|£|£|
|Depreciation|- owned|assets|26,815|26,774|
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4, TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
- STAFF COSTS
The average number of employees for the year was nil (2024- nil).
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|6.|COMPARATIVES FOR THE|STATEMENT|OF|FINANCIAL|ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|113,158|-|113,158|
|Investment income|6,533|-|6,533|
|—___-|—————|———-——|
|Total|119,691|-|119,691|
|EXPENDITURE ON|
|Raising funds|33,031|-|33,031|
|Other|81,476|-|81,476|
|Total|114,507|-|114,507|
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Summerseat Players Limited
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Notes to the Financial Statements - continued for the Year Ended 30 June 2025
| 6. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| fund | funds | funds | ||
| £ | £ | £ | ||
| NET INCOME | 5,184 | - | 5184 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 793,658 | 20,000 | 813,658 | |
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 798,842 | 20,000 | 818,842 | |
| 7. | TANGIBLE FIXED ASSETS | |||
| Fixtures | ||||
| Freehold | and | |||
| property | fittings | Totais | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 July 2024 | 580,337 | 377,703 | 958,040 | |
| Additions | - | 29,860 | 29,860 | |
| At 30 June 2025 | 580,337 | 407 563 | 987,900 | |
| DEPRECIATION | ||||
| At 1 July2024 | - | 299,176 | 299,176 | |
| Charge foryear | - | 26,815 | 26,815 | |
| At 30 June 2025 | - | 325,991 | 325,991 | |
| NET BOOKVALUE | ||||
| At 30 June 2025 | 580,337 | 81,572 | 661,909 | |
| At 30 June 2024 | 580,337 | 78,527 | 658,864 | |
| 8. | STOCKS | |||
| 30.6.25 | 30.6.24 | |||
| £ | £ | |||
| Stocks | 3,536 | 3,323 |
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Summerseat Players Limited
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
| 9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 30.6.25 | 30.6.24 | |||
| £ | £ | |||
| Trade debtors | (120) | 730 | ||
| Prepayments | 5,550 | - | ||
| 5,430 | 730 | |||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR | |||
| 30.6.25 | 30.6.24 | |||
| £ | £ | |||
| Trade creditors | (3) | 171 | ||
| VAT | 1,295 | 1,411 | ||
| Other creditors | 9,015 | - | ||
| Accrued expenses | 505 | 500 | ||
| 10,812 | 2,082 | |||
| 41. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.7.24 | in funds | 30.6.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 798,842 | 29,283 | 828,125 | |
| Restricted funds | ||||
| Restricted fund | 20,000 | - | 20,000 | |
| TOTAL FUNDS | 818,842 | 29,283 | 848,125 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 147,692 | (118,409) | 29,283 | |
| TOTALFUNDS | 147,692 | (118,409) | 29,283 |
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Summerseat Players Limited
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Notes to the Financial Statements - continued
for the Year Ended 30 June 2025
11. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.7.23 | in funds | 30.6.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 793,658 | 5,184 | 798,842 |
| Restricted funds | |||
| Restricted fund | 20,000 | - | 20,000 |
| TOTAL FUNDS | 813,658 | 5,184 | 818,842 |
| Comparative net movement in funds, included in the above are as | follows: | ||
| Incoming | Resources | Movement | |
| resources | expended _ | infunds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 119,691 | (114,507) | 5,184 |
| TOTAL FUNDS | 119,691 | (114,507) | 5,184 |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Net | |||
| movement | At | ||
| At 1.7.23 | in funds | 30.6.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 793,658 | 34,467 | 828,125 |
| Restricted funds | |||
| Restricted fund | 20,000 | - | 20,000 |
| TOTALFUNDS | 813,658 | 34,467 | 848,125 |
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Summerseat Players Limited
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Notes to the.Financial Statements - continued for the Year Ended 30 June 2025
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41, MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, inctuded in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 267,383 | (232,916) | 34,467 |
| TOTALFUNDS | 267,383 | (232,916) | 34,467 |
- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
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Summerseat Players Limited
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Detailed Statement of Financial Activities for the Year Ended 30 June 2025
| for the Year Ended 30 June 2025 | |||
|---|---|---|---|
| 30.6.25 | 30.6.24 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Gifts | - | ||
| Donations | 404 | 597 | |
| Bar sales | 36,577 | 23,867 | |
| Ticket sales | 92,418 | 81,395 | |
| Membership | 5,494. | 4,785 | |
| External hire | 6,559 | 2,513 | |
| 141,452 | 113,158 | ||
| Investment income | |||
| Rents received | 4,680 | 4,680 | |
| Deposit account interest | 1,560 | 1,853 | |
| 6,240 | 6,533 | ||
| Total incoming resources | 147,692 | 119,691 | |
| EXPENDITURE | |||
| Other trading activities | |||
| Opening stock | 3,323 | 2,424 | |
| Purchases | 20,462 | 19,687 | |
| Bar purchases | 19,683 | 14,243 | |
| Closing stock | (3,536) | (3,323) | |
| 44,932 | 33,031 | ||
| Other | |||
| Ground rent | 16 | 16 | |
| Water rates | 1,539 | 1,142 | |
| Insurance | 8,481 | 7,226 | |
| Sundry Expenses | 1,164 | 914 | |
| Light and heat | 9,033 | 16,894 | |
| Cleaning and consumables | 3,911 | 3,654 | |
| Telephone | ; | 271 | 741 |
| Postage and stationery | 635 | 585 | |
| Repairs and renewals | 14,776 | 17,591 | |
| Licences | 1,143 | 1,562 | |
| Advertising | 1,377 | 1,174 | |
| Subscriptions | 275 | 264 | |
| Carriedforward | 42,621 | 51,760 |
This page does not form part of the statutory financial statements
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Summerseat Players Limited
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Detailed Statement of Financial Activities for the Year Ended 30 June 2025
| Detailed Statement of Financial Activities for the Year Ended 30 June 2025 |
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|---|---|---|
| 30.6.25 | 30.6.24 | |
| £ | £ | |
| Other | ||
| Brought forward Accountancy |
42,621 465 |
51,760 440 |
| Card transaction fees | 1,849 | 1,343 |
| Professional fees | 47 | 35 |
| Training costs | 314 | “ |
| Computerexpenses | 882 | 840 |
| Bank charges | 484 | 284 |
| Depreciation | 26,815 | 26,774 |
| 73,477 | 81,476 | |
| Total resources expended | 118,409 | 114,507 |
| Netincome | 29,283 | 5,184 |
This page does not form part of the statutory financial statements
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