Charfty registration number 10155461England and Wales)
Company registralion number 02752793
DORCHESTERARTS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

DORCHESTER ARTS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
P Smith
A Eigeland
H Trevorrow
A Conslable
M Willdridge
S Veale
A Wakeman
H Hutchinson
T Frere
(Appointed 20 August 2024)
Secretary
M Tattersall
Charity number
1015546
Company number
02752793
Registered offlce
Magistrates. Room
Corn Exchang8
High East Street
Dorchester
Dorset
DT1 1HF
Independent examiner
CB Reid Lifflited
Wadebridge House
16 Wadebridge Square
Poundbury
Dorchester
Dorset
DT13AQ

DORCHESTER ARTS
CONTENTS
Page
Trustees. report
Independent examinerfs report
Statemenl of financial activities
Balance sheet
Notes to the finanaal statements
10-18

DORCHESTER ARTS
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The twstees 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 poli¢ies set out in note 1 to Ihe
financial statements and comply with the charity's governing document, the Companies Act 2006 and 'A¢￿￿ntIng
and Reporting by Charities: Statement of Recommended Practice applicable to ¢harities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)° (as
amended for ac£ounting periods commencing from 1 January 2016)
Objeclives and actsvitle8
a. POLICIES AND OBJECTIVES
The principal objeclive of the company is to promote, maintain, improve and advance education particularly by the
encouragement of the Arts. Dorchester Arts aims both to respond to the needs of the community and to promote
events of the highest quality, and in doing so creat8 well informed and enthusiastic audiences, to enab18 creativity,
talent and skills of local people. We have referred to the guidance contained in the Charity Commission's general
guidan￿ on public benefft when reviewing our aims and objectives and in planning our future activities. In particular,
the trustees consider how planned activities will contribute to the aims and objedives they have set.
b. ACTIVITIES FOR ACHIEVING OBJECTIVES
Dor¢hester Arts meets its objectives by running a professional and Community arts programme.
c. MAIN ACTMTIES UNDERTAKEN TO FURTHER THE CHARIP('S PURPOSES FOR PUBLIC BENEFIT
Dorchester Arts contributes to the cultural and social lrfe of Dorset's county town and the wider county through
programming arts events every week of the year. We seek to provide work SLSited to a very wide range of audiences,
including specialist work for marginalised or little-served audiences such as those with Profound and Multiple
Leaming Difficulties.
In addition, we either dire¢tly organise or support a number of regular groups that allow local people to further their
own Creativity, including: Dorchester Youth Theatre (7-18), Connect drama (all ages} and Dorchestra Community
orchestra (all ages). In addition, we organise arts activities for specific groups. such as our regular Parkinson's
Dance classes and Rise {art therapy for post-natal depression and anxiety) as well as supporting annual events for
young people and parti¢ipatory activities linked to our performance programme. We continue to deliver this health
and wellbeing through the arts programme in Sherbome as well as Dorchester. We organise major participatory
projects every few years, involving participation activities for musicians, dancers, visual artists and those living with
chronic health conditions and disabiliti8s. The health and social cohesion benefits of providing a regular, integrated
programme of arts perfomiances and adivities are well recognised and are reflected in our Funding Agreements
with Dorchester Town Council and Dorset Council.
We maintain ac￿$$1b1e pricing across our program and offer dis¢ounts for those on low income and for young
people. Essential ¢arers can attend all performances free of charge.
We provide opportunities for audiences and artists to meet and discuss their work {e.g. through post-show Q&A
sessions or arlist talks al exhibitions} to further our educative aims and broaden public appreciation of the arts.
We support local creative talent through providing a platfomi for developing and perfomiing new work {music,
dance. drama and film) and through small- and large•scale projects drawing on local talenL
We work closely with our partner arts and cutture organisations (including Activate Performing Arts, Dorset Museum,
Shire Hall, New Hardy Players, Dorset Community Play Association and a variety of local festivals et¢} and non-arts
organisations (induding local Councils, healthcare providers, and venues suited to performances and participation
activities) to ensure that a rich mix of interlinked arts adivities is available to the local population throughout the
year.

DORCHESTERARTS
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and perfomiance
a. REVIEW OF ACTIVITIES
Dord)ester Arts aims to "bring the best of the arts to Dorset's county town, give our community creative
opportunities and nurture local talent because we believe that where the arts thrive people and places do too". This
is done through a programme of community arts activities and professional perfonnances.
t)orchesler Arts operates from the Com Exchangelmunicipal Buildings in the centre of town and enjoys ex¢ell8nt
relations with the Dorchester Town Council. the owners of the premises. A wholly owned subsidiary, Dorchester Arts
Trading Limited. operates the bar located at the Com Exchange and provides bar services for events held at other
venues.
Our mission is to place the arts at the heart of our community, so as to involve, inspire and entertain people all year
round.
Our goals are..
To inspire and entertain people through eX￿lIent, diverse and innovative work across all art fomis.
To involve the whole community, especially young people, in a wide range of participatory activities.
To leam about and develop our relationship with our existing and potential audiences.
To collaborate with arts and non-arts organisations in developing a vibrant arts infrastructure in the
¢ommunty.
To actively support the development of new work.
To be an ambitious but sustsinable organisation.
In recent years. we have taken over the management of the Com Exchange building through our agreement wilh
Dor¢hester Town Council. This arrangement continues to work well and both sides are happy that it is achieving its
aim of making the building operate more efficiently and effectively for the benefit of the whole community. Regular
meetings continue to be held to monitor progress towards the outcomes laid out in the Partnership Agreement. As
well as our own very busy programme, we have new regular hirers starting to use the building every year and it is
heavily booked for one￿ff events, ranging from meetings and award ceremonies to weddings and parties. In
addition. we continue to see the clear beneffts of the Town Council's improvements to the building's infrastructure -
red￿￿d utility bills as a result of the biomass heating system, solar panels and improved insulation; improved
aC￿sS to toilet facilities; and Offi￿ spa￿, dressing rooms and storage that meets our needs and those of our hirers
and visiting artists.
The major development during this period was the extensive refijrbishment of the front of house areas of the Corn
Exchange, funded by Section 106 monies from Poundbury and CIL Contributions {both administered by Dorset
Council), and the Town Council. We worked closely with the architects and contractors throughout the prO￿sS to
ensure that the result was both functional and respectful of the heritage of the building. Alongside the previously
refurbished auditorium, the resulting art gallery, new toilets. bar and café area will finally provide the county town
with an arts hub thal it has needed and deserved for so long.
The refurbished Hardye Theatre continues to provide another wel¢ome improvement to the arts infrastructure of the
lown and wider county. Not only is it allowing us to bring bigger acts to the town, but this is also translating into box
office gross re￿ip1S in excess of £10000 for single shows, a level that would have been impossible without this
facility being in place. We continue to programme work into other indoor and outdoor venues throughout the year,
induding St Mary's Church, Maumbury Rings, Athelhampton House and the Gransden Hall at Sherborne Girl's
School.
We continued to present a varied programme of more than 120 professional arts perfomiances in a variety of
venues, both indoors and outdoors, from new and local performers to well-known names. Highlights included
perfomances by the graduates from the BA course in ¢ir¢us at Circomedia, The Kanneh-masons and Friends, The
Lord Chamberlain's Men, Lost Dog Dance, Focus, Dorsetborn (a new Dorset-based theatre company), James B
Partridge, and Tenebrae. Another huge success was a collaboration belween Dorchester Arts, New Hardy Players
and Shire Hall Histori¢ Courthouse Museum to re-stage Six Men Of Dorset. The play, first perfomied for the
ntenary of the trial of the Tolpuddle Martyrs and now revived for a large community Cast across hvo venues,
proved so popular that we programmed a second series of dates and attracted more than 1000 audience members
across the run.

DORCHESTER ARTS
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
We continued to develop our support for writers, specifically those writing for performance. This project hinges
around our festival, The Script's The Thing, which takes place every 18 months and features the perf0mlan￿ of
100 scripts across 5 venues and more than 25 tslks and workshops from industry professionals. In the year in
question. we held several 'Little Bit of The Script's The Thing, events across Dorset, maintaining the profile of the
project and continuing to give local writers a platform for their work.
Our community engagement programme in both Dorchester and Sherborne has continued to flourish under the
guidan￿ of our Community Engagement Manager. As reported last year, we are still finding that the funding for the
whole creative health programme is becoming harder to find. Although we have CDntinued to find piecemeal funding
for several programmes, we still need to find a more sustainable solution in the long term and are working with
various partners, including the Arts Development Company, to try to achieve this.
Financial revlew
The accompanying accounts. which have been independently examined, show that the financial performance of
Dorchester Arts during 24125 was not as strong with a small loss of £3,220 as compared with the generation of an
operational surplus of £21,891 in the previous year. This refleded both an increase in general costs, as was the
case across the UK economy, and increasingly tight margins in several areas of operation.
Box office receipts at at £262k were 320/0 higher than the previous year but performance and direct ticketing costs
were higher, resulting in an increase of only £10k to £42k compared with the previous year in the perfomian
programme surplus, d8monslrating the lightening of margins mentioned above.
DA re￿iVed a total of £31.3k in grant support from our fvio sponsoring bodies, namely Dorset Council (£20k> and
Dorthesler Town CouncAI1£11,3k) and is immensely gratefvl for this level of assistance.
Donations and Gifts remained at a healthy £47k. Although within this total figure income from membership sales and
fundraising events both slipped back slightly, we were heartened by the generosity of our individual donors, most
notably to our Bridge Another Gap crowdfunder appeal, which provided valuable funds to make up for the disruption
in our business caused by the building works.
The income arising from room hire within the Corn Exchange decreased from £43k to £30k. Income from regular
hirers remained static, so this was largely due to a drop-off in one-off hires. due to the poor condition of some of the
spaces available prior to refurbishment and to the busy performance programme eating into available dates for
hires. The recently Completed improvements to the front of the building are already showing a turnaround in this
pattem, supporting the theory that this was not a long term trend.
Income from the DA subsidiary company, Dorchester Arts Trading Ltd. was £14k which was a slight decrease from
the £15k generated in the previous year. Once again, the increasing costs of staff and stock combined with
pressures on consurller spending made for challenging conditions and this was refiected across the hospitality
sector both locally and nationally. The majority of this surplus arose from operating the bar in the Corn Exchange.
The improved bar facilities at the front of the building should provide sGope for increased income from this area
once the new business is established and the cafe, though unlikely to generate significant additional income, should
attract far more casual visilors, encouraging engagement with Dorchester Arts and leading lo increased sales in
multiple areas of business (memberships. ticket sales. gallery etc).
There were, as in previous years, some significant movements within these totals for Administration and
Fundraising costs some of which relate to the perfomiance, venue and direct ticketing costs referred to above. In
spite of much higher ticket income, both Stationery and Print & Advert15ing costs were kept under tight control.
Telephone and Bank Charges were both reduced through renegotiation with the respective suppliers of those
services.
Staff costs rose by £6.9k to £148.5k principalty reflecting a more modest across-the-board salary increase than had
been the case in the previous year when an element of 'cat¢h-up' had been needed.
The charge for depreciation has risen to £5.9k as the result of a further increase in expenditure on capital items,
primarily in The Corn Exchange as we Gonlinue to make improvements to the facilities there. DA'S Pro￿$$ in
respect of capital purchases is detailed under para 1.6 of the Accounting Policie5 but in essen¢e items are written
off over a four year period on a straight-line basis.

DORCHESTER ARTS
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Property Costs (including repairs and maintenan￿) showed a modest increase to £35k and can therefore be
considered to have 5tabilized after the large decrease commented on in last year's report.
The closing Restricted Reserve figure stands at £55,583 and this has been fulty reconciled wilh the individual
balan￿S of all our current projects as at 31 March 2025. The substantial increase in this fund is largely due to
increased Project Income relating to our outreach and creative health aclivities and to Dorchester Youth Theatre
now retuming under the umbrella of DoichesterArts after some years of semi-independence.
As a result of these movements the balance on our Unrestricted Reserves Account at the year-end stood at
£94,232. Although the small loss for the year was disappointing. this level of reserves is comfortably above the
Charity Commission's minimum recommended level and reflected the resilien￿ of the organisation in being able to
conduct extensive capital works while remaining open and maintaining perforfflan￿ in all areas of its business
model in spite of this disruption in operating conditions.
We therefore remain confident that we can continue to provide Dorchester and the wider County with an ambitious
wellbeing programme and range of first-class entertainment and educational events for the benefil of the whole
community. Thus, whilst a¢knowledging that we operate within a challenging environment, both socially, financially
and commercially the Board views the future with confidence and positivity.
Stru¢ture, governance and management
a. GOING CONCERN
The trustees have Considered the financial position of the charity. both during the period and as a result of the
Current economic climate and have assessed both financial and operational risk. They are of the opinion that the
Charity has sufficient financial resources to continue to operate as a going concern for the foreseeable future.
Accordingly. the trustees continue lo adopt the going concern basis in the preparation of the financial statements.
For further infomation please refer to the financyal review sedion of the trustee's report.
b. RESERVES POLICY
The Trustees. policy regarding reserves is to aim to maintain sufficient funds to ensure tunning of the organisation
for at least 3 months. This policy is normally based on the total of last year's non programme expenditure.
Although the general free reserves have decreased in the year due to the exceptional factors indicated above, this
target c£>ntinues to be met. The trustees are aware that the reseNes policy needs to be monitored closely moving
forward.
c. CONSTITUTION
The company is registered as a charitable company limited by guarantee and was set up by Articles of Association.
The company is constituted under Articles of Association. The company registered number is 2752793 and the
charity regISte￿d number is 1015546.
d. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
Trustees are elected annually at the AGM but casual vacancies may be filled during the year subject to fomial
election at the AGM.
Trustees, who are also directors for the purpose of company law, and who served during the year and up to the date
of the signature on the financial statements were-
P Smith
A Eigeland
H Trevorrow
A Conslable
M Willdridge
S Veale
A Wakeman
H Hul¢hinson
T Frere
(Appointed 20 August 2024)

DORCHESTER ARTS
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, report was approved by the Board of Trustees.
Veale
Trustee
03 Dec 2025
Date..

DORCHESTER ARTS
INDEPENDEKf EXAMINER'S REPORT
TO THE TRUSTEES OF DORCHESTER ARTS
I reFth to the tru$t8es on my examInati(￿ of the fln8nclal stst•monl8 of Dorchester Arts (th8 charity) fr)r the
year ended 31 March 2025.
Rospon•lbilitles and ba•18 of r•port
As the trustees of the charfty (and also Sts dlredors for the purposas of company law), you are responslble for
the preparatlon of finandal stslements in aCCo￿nCe th tho Mulrem•nts of the Companl8s Act 2006.
Havlng 8ati8fied myself that th• financial slatem8nts of the charty are not requlred to be audllad urKler Part 16
of Ihe Companl8s Act 2006 and are eligibh for Independent examination. l rnport in respect of my exemlnalion
of the tharlty's finandal ststements Ca￿led out under secilon 145 of tho charI￿rt Act 2011. In catyng Out my
examinaliDn I have followed the Dlr8ctlon8 g6v8n by the Charity Commission under section 145(5)(b) d Ihe
Chariti6sAct 2011.
Ind#pArthnt examh￿e$ stal•m•nt
Since the charitys gross Income exceedod £250.000, the Independent ex•mln•r mu8t be e member of a body
listed In section 145 of Ihe Chariknes Act 2011. 1 ￿nffirrn that l am qualtfied to undgrtake the examlnation
because l am a member of The Insltute of Chgrtered Accountants In England and Wales, bvhich is one cl the
Ilstsd bodles.
I hav• cornpl8ted my examinatton. I confirm that no matters have come to my attenlon In o)nnecllon wlth the
examlnallon giving me cause to believe that In any rnatorial respecL'
acc￿nting records were not kept In respect of the chwity as requlred by 8•¢tion 386 of tho Comp8n18S
Act 2006.
the financlal statements do not accord wlth thos8 reo)rd$: or
the flnanclal statements do n¢t comply with the accountkng requlrements crf 8ectlon 396 of tho COm￿ni88
Act 2006 other Ihan any requlremenl that Ihe fin8ncRI statements glve o tNe and falr vlaw, WI￿ Is not a
m8tt8r consEdered 88 part of an indepor￿ent examir￿10￿. or
the financlal ststements have not been prepared In a¢￿r￿ance wlih tho method8 and prfndpl8s of tl
Statèment of Recommended Pr8Ctlce for accounllng and mporbng by charities appllcable to charftles
prpparing their financlal Btaternents In a(wrdance wlth Ihe Finandal Reportlng Stsnd8rd appllcable In the
UK and Republic of Ireland (FRS 102).
I have concems and have come across r￿ other matters In eonn8Ctlon wlth th8 examlnation to vthich
attention should ￿ drawn in th18 roport In order to enable a proper under3tsndlng of th• linandal stalements to
Laura Evan8 FCCA
CB Reid Limlted
Wadebrldge House
16 Wad•bridge Square
PouThJbury
Dorchester
DT13AQ
Dated: .Q8.,.J2..25.,.

o) X
h>

DORCHESTER ARTS
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed assets
Tangible assets
Investments
13
14
11.630
13.122
11,481
15,000
24,752
26.481
Current assets
Debtors
Cash at bank and in hand
15
11,100
175,532
5,603
164.466
186,632
170,069
Creditors: amounts falling due within
one year
16
(61,569)
(60.0￿)
Net current assets
125,063
110,063
Totsl assets less current liabilities
149,815
136,544
The funds of the charity
Restricted income funds
Unrestricted funds
17
55,583
94.232
38.967
97.577
149,815
136,544
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 a¢¢ounting records and the preparation of finan¢ial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in
ac￿rdanCe with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
03 Dec 2025
The financial statements were approved by the truslees on .........................
eale
Trustee
Company registration number 02752793 (England and Wales)

DORCHESTER ARTS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies
Charity information
Dorchester Arts is a private company limited by guarantee incorporated in England and Wales. The registered
office is Magistrates. Room. Corn Exthange, High East Street. Dorchester, Dorset, DT1 1 HF.
1.1 Accounting convention
The financial statements have been prepared in accordan¢e with the charty's governing document. the
Companies Act 21))6, FRS 102 -The Financial Reporting Standard applicable in the UK and Republic of
Ireland" ('FRS 102") and the Charities SORP "Attounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their aC￿￿ntS 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 Benefft Entty as defined by FRS 102.
The charity has laken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounls in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under the histOTical Cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concem
The trustees have considered the financial position of the charity, both during the period and as a result of the
current economic climate and have assessed both financial and operational risk. They are of the opinion that
the charity has sufficient ffinancial resources lo continue to operate as a going Con￿rn for the foreseeable
future. Accordingly, the trustees Continue to adopt the going concem basis in the preparation of the financial
statements. For further information please refer to the financial review section of the trustee's report.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Irustèes in furtherance of their Charitable
objectives.
Designated fvnds comprise funds which have been set aside at the discretion of the trustees for specif
purposes. The purposes and uses of the designated funds are set out in the noles to the financial statements.
RestrÉGted 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 ststements.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met,
Ihe amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. other donations are recognised On￿ the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othe￿iSe rf the charity has been notified of an impending distribLrtion,
the amount is known. and receipt is expected. If the amount is not known. the legacy is treated as a
contingent asset.
Government grants are recognised based on the performance model. Grants that do not impose specified
future perfomiance-related conditions are recognised when the grant is re￿ived. Grants that impose
specified future performance-related conditions are only recognised when these conditions are met.
10-

DORCHESTERARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcies
{Continued)
1.5 Resources expended
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlemenl, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated d1￿ctlY to that adivty. Shared costs which contribute to more than one activity and
support costs which a￿ not attributable to a single activity are apportioned be￿een those activities on a basis
consistent wilh the use of resources. Central staff costs are allocated on the basis of lime spent, and
depreciation charges are allocated on the portion of the asset's use.
Expendilure is recognised once there is a legal or ¢onslructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefits will be required in settlement and Ihe amount of
Ihe obligation Can be measured reliably. Expenditure is classified by activity. The costs of each activity are
made up of the lotal of direct costs and shaied Costs, including support ￿St$ involved in undertaking each
activity. Direct costs attributable to a single activity are allocated di￿dIY to that activity. Shared costs which
contribute to more than one activity and support costs which a￿ not attributable to a single adivity are
apportioned between those activities on a basis consistent with the use of resource5. Central staff ¢osts are
allo¢aled on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Governance costs are those incurred in Connection with administration of the company and compliance with
¢onstilutional and statutory requirements.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading
activities that raise funds.
Charitable activities and Governance costs are costs incurred on the company's educational operations,
induding support costs and costs relating to the governance of the company apportioned to Charilable
activities.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at Cosl or valuation, net of
depreciation and any impairm8nl 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 frttings
25r*h straight line
The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in the stalement of financial activities.
1.7 Fixed asset Investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured al fair value at each reporting date. Changes in fair value are re¢ognised in net
incomel(expenditure) for the year. Transaction costs are expensed as incurred.
A subsidiary is an 8ntity controlled by the charity. Control is the power to govern the financial and op8rating
policies of the entity so as to obtain benefits from its activities.
11

DORCHESTER ARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Icontinued)
1.8 Impairnient of fixed assets
At each reporting end date, the charity reviews the carrying amounts of ils tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any suth indication
exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-term liquid
investments wrth original maturities of Ihiee months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.10 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basi¢ 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 Ihere is an intention to settle on a
net basis or to realise the asset and settle Ihe liability simultaneously.
Baslc Ilnancial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently ¢arried at amortised cost using the
effective interest method unless the arrangernenl constitutes a financing Iransaction, where the transaction is
measured al 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 debl inslrumenl 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.
Debl instruments are subsequently carried al amortised cost, using the effedive 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 dassified as current liabilities if payment is due wilhin one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction Pri￿ and subsequently measured at arnortised cost using the effective inlerest method.
Derncognition of Ilnanclal liabilities
Finanaal liabilities are derecognised when the charit￿5 contractual obligations expire or are discharged or
cancelled.
12-

DORCHESTER ARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Grnnts, membership and donatsd income
Unrestricted
funds
general
2025
Total
2024
Donations and gifts
Grants from public bodies
47,013
31,308
50,871
64,864
78,321
115,735
Grant income represents local aLrthority grants from Dorset Council {£20,000) and Dorchester Town Council
{£11,308).
Income from other trading activities
Unre$tri¢ted Restrfcted
funds
funds
2025
2025
Total Unrestrl¢ted Re8trlctsd
funds
funds
2024
2024
Total
2025
2024
Other fundraising activites
Box office admission
charges
Project income
30,681
30,681
44,565
44.565
262,372
49,091
262,372
170,714
198,907
9,074
198,907
81,686
121,623
72,612
Fundraising income
342.144
121,623
463,767
252,546
72,612
325,158
Incom8 from Investments
Unrestrlcted Unrestricted
funds
funds
2025
2024
Interest re￿1vable
3,067
1,813
Other Income
Unrestrlcted Unrestrfcted
funds
funds
2025
2024
Distributions from subsidiaries
13,979
14,999
13-

DORCHESTER ARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on raising funds
Unrestricted Unrestricted
funds
funds
2025
2024
Fundraising and publicity
Other fundraising costs
8,041
3,215
Expenditure on Charltsble actlvltles
2025
2024
Direct costs
Staff costs
Depreciation and impairment
Programmes and perfomiers
Printing and advertising
Stationary
Property costs including repairs and maintenan
Travel and training
Insurance
Bank charges
Miscellaneous, materials and sundry
Telephone
Venue costs
Project expenditure
148,478
5,901
206,195
13,527
1,276
35,144
49
2,518
141,603
4,388
151,456
16.895
1,454
32,306
450
2,069
13,487
3,155
4,927
1,840
93,012
3,706
2,682
2,105
105,132
536.022
467,042
Share of 8UPPOrt and governance costs (see note 8}
Govemance
1,800
1,500
537,822
468,542
Analysis by fund
Unrestricted funds- general
Unrestricted fvnds- designated
Restricted funds
432,690
359,987
7,500
101,055
105,132
537,822
468.542
14-

DORCHESTER ARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs
Support Governance
¢osts
costs
2025
2024
Independent Examiners fees
1.800
1,800
1,500
1,800
1,800
1.500
Analysed between
Charitable adivities
1,800
1.800
1,500
The Independent Examiner's remuneration amounts to an Independent Examination fee of £1,800 (2024
£1,500) which includes £1,00012024 - £￿)0> for preparation of the accounts.
Net movement in funds
2025
2024
The net movement in funds is ststed after chargingl{crediting):
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
1,800
5,901
1.500
4,388
10 Thistees
None of the trustees lor any persons connected with them) received any remuneration or beneffts frorn the
charity during the year.
11 Employees
The average monthly number of employees during the year was:
2025
Number
2024
Number
Employment costs
2025
2024
Wages and salaries
148,478
141,603
No employees received tolal employee benefits of more than £60,000 {2020 - NIL).
There were no employees whose annual remuneration was more than £60,000.
15-

DORCHESTERARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Taxation
The Charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
13 Tangible fixed assets
Flxture5 and ffttlng5
Cost
At 1 April 2024
Additions
38,704
6,050
At 31 March 2025
44,754
Depreciation and impaimient
At 1 April 2024
Depreciation Charged in the year
27,223
5,901
At 31 March 2025
33,124
Carrying amount
At 31 March 2025
11,630
At 31 March 2024
11.481
14 Fixed asset investments
other
investrnents
Cost or valuation
At 1 April 2024 & 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
2025
2024
Other investments comprise:
Notes
Investments in subsidiaries
Loans to subsidiaries
21
21
13.121
14,999
13,122
15,000
16-

DORCHESTER ARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Debtors
2025
2024
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
9,448
452
1,200
3.820
1,783
11,100
5,603
16 Creditors: amounts falling due within one year
2025
2024
Deferred income
Trade creditors
Other creditors
Accruals
33,367
23,553
850
3,799
52,322
2,918
1,643
3,123
61,569
60,006
17 Restricted fund8
The restticted funds of the charity comprise the unexpended balances of donations and grants held on twsl
subject to specific conditions by donors as to how they may be used.
Incomin9 Resources
resources
expended
Transfers At 31 March
2025
2024
38,967
121,623
(105,132>
125
55,583
Previou5 year.
At 1 April
2023
Incoming
resources
Resources
expended
Trdnsfer5 At 31 March
2024
74.576
72,612
(101,055)
(7,166)
38,￿7
18 Unrestricted funds
The unrestricted funds of the charity comptise 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.
At 1 April
2024
Incoming Resources
resources
expended
Transfers At 31 March
2025
General funds
97.577
437,511
(440.731)
{125)
94,232
17-

DORCHESTER ARTS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
18 Unrestricted funds
Icontinued
Prevlous year.
At 1 April
2023
Incomlng Resource5
resources
expended
Transfer8 At 31 March
2024
General funds
63,597
385.093
(363,202)
12,089
97,577
19 Analysis of net assets between funds
Unrestricted
funds
2025
Restrlcted
funds
2025
Totsl
2025
At 31 March 2025:
Tangible assets
Investments
Current assetsl(liabilities)
11,630
13,122
69,480
11,630
13,122
125,063
55,583
94,232
55,583
149,815
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Investments
Current assetsl(liabilities)
11,481
15,000
71,096
11,481
15,000
110.063
38,967
97,577
38,967
136,544
20 Rolated party transactions
There were no disclosable related party transactions during the year.
21 Subsidlarfes
These financial statements ar8 separate charity financial statements for Dorchester Arts.
Details of the charity's subsidiaries at 31 March 2025 are as follows-
Name of undertaklng
Reglstsred
office
Nature of business
Cla88 of
% Held
shares held Direct IndI￿¢t
Dorchester Arts Trading
Limited (Co. Number
09620457)
England
Retail sale of beverages
Ordinary
shares
100.00
18-

Dorchester Arts
The Com Exchange
High East Street
Dorchester
Dorset
DT11HF
Company Number: 02752793
CB Reid Limited
Wadebridge House
16 Wadebridge Square
Poundbury
Dorchester
Dorset
DT13AQ
25 November 2025
Dear Sirs
We confirm that the following representations are made on the basis of enquiries of
management and staff with relevant knowledge and experience and, where appropriate. of
nspection of supporting documentation. sufficient to satisfy ourselves that we can properly
make each of the following representations to you, in connection with your examination of the
charity's financial statements for the year ended 31 March 2025.
We acknowledge. as trustees, who are also directors for Ihe purposes of company law,
our collective responsibility under the Charities Act 2011 and Companies Act 2006 for
presenting financial statements, which give a true and fair view and confirm that we
have approved the financial statements for the year ended 31 March 2025. We also
acknowledge our responsibility for making accurale representations to you. All the
accounting records have been made available to you for the purpose of your
assignment and all the transactions undertaken by the charty have been properly
reflected and recorded in Ihe accounting records. All other records and related
infomiation, including minutes of all trustee and management meetings. have been
made available to you.
We confirm that the charity is eligible for an independent examination of its financial
statements, and that there are no circUmstan￿S which we should draw to your
attention which would invalidate this eligibility. We acknowledge that the work
performed by you is substantially less in scope than an audit performed in accordance
with International Standards on Auditing (UK).
We confirm that the accounting policies and estimation techniques adopted for the
preparation of the financial statements are the most appropriate to the circumstances
in which the charity operates.
All grants, donations and other incoming resources, the receipt of which is subject to
specific terms or conditions, have been notified to you. There have been no breaches
of terms or conditions during the period in the application of such incoming resources.
Other than those disclosed in the financial statements we are not aware of any malerial
liabilities, provisions, contingent liabilities, contingent assets or contracted for capital
commitments that need to be provided for or disclosed in the financial statements.

The charity has satisfactory title to all assets and there are no liens or encumbrances
on the charty's assets except as disclosed in the notes to the financial statements.
Other than those disclosed in the financial statements, the charity has not entered into
any transactions or has balances outstanding involvin9 trustees, officers or other
related parties. which require disclosure under the law or the financial reporting
framework adopted, including the Charities SORP. If relevant, appropriate disclosure
has been made of the control of the charity.
We acknowledge our responsibility for the design and implementation of internal
controls to prevent and detect errors or fraud, and have disclosed to you the results of
our assessment of the risk that the financial statements may be materially misstated
as a result of fraud. We are unaware of any irregularities, including fraud and
suspected fraud, involving management, employees or others who have significant
roles in intemal control, or those employed by the charity where the fraud could have
material effect on the financial statements. No allegations of such irregularities or
breaches have come to our notice.
We are unaware of any breaches or possible breaches of statute, regulations.
contracts, agreements or the charity's conslitution which might result in the charity
suffering significant penalties or other loss. No allegations of such irregularities or
breaches have come to our notice. We confirm that the charity has had no non-routine
communication with Charity Commission during or since the period of which you are
unaware.
10
We have reviewed the affairs of the charity and confirm that no income is subject to
income or capital gains tax. We have also reviewed the VAT treatment in relation to
contractual seniices provided by the charity and confirm that VAT has b￿n correctly
accounted for
The financial ststements have been prepared on the going concem basis as we believe
that adequate cash resources will be available to cover the charity's requirements for
working capital and capital expenditure for at least the next twelve months. We are not
aware of any other factors which could plrt into jeopardy the charity's going concern
status during or beyond this period.
12
There have been no events since the balance sheet date which necessrtate revision
of the figures included in the financial statements or inclusion of a note thereto. Should
further material events occur, which may ne￿SSitate revision of the figures included
in the financial statements OT inclusion of a note thereto, we will advise you accordingly.
Yours faithfully
Signed on behalf of the board of trustees
SuiteFIl08 [￿M8￿
SK)ling