Charlty r•giBtratlon numbgr 1036934 (England and Walès) Company rngislrntion numb•r 02762428 THE CASTLE PLAYERS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 THE CASTLE PLAYERS LEGAL AND ADMINISTRATIVE INFORMATION Truste Mlss L O J Cutting Mrs S E Byme Mr8 H MAmistr MrsA E Platten Mr G A Oufy-McGhie Mrs D M Stastny Mr M P Sleint¥xk Mrs H C NMII Secretsry Mr8 H C Ne*￿1 Ch#rlty numb•r (Enql•nd and Walrt 1036934 Company nurnb•r 02762428 R•gl•t•rod offlcé clo Tilly. Bailwi & Ir4ine 8 Newyate Bamard Casuo County Durham DL12 8NG Indopgndent •xamln•r Mr John YaTh FCA Alkn Sykes Audlt Umit•d 5 Hen80n Cbse Scth Chureh Ent￿lSe P8rk BishopAuckl*KI Co Dutham DL14 8WA THE CASTLE PLAYERS CONTENTS Pag• Truste6s' r￿¢)rt Inde￿ndent ex8minerf8 report Statelnent of financkn￿ acttvtiles Statoment olfinarKial Noles lo the finarrial stslements 7-13 THE CASTLE PLAYERS TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AUGUST 2025 The trustees, who are also the directors for th8 pury)ow of law. yesent th￿( annual report arhl financial ststements for the year ended 31 August 2025. The flnancial stslements have been kYepaTed in 8Juctions. The charity maintalns unreslricl&J ftJnd8 at a ¥fficienl1ovel to covèr ovw 12 8torag6, administration and man8gem8nt costs olthe company. Structuro. govern•nc• and m•n•gom•nt The organisab.on is a tharrtable company Ilmit¢ teams that are resp(￿51b1? for the daY-l￿daY (lelivery of th8 charws affaSrn - Bu8in8s8 & slainablllty and a merged Programming arwj Communty ENdagement Team. Each l&am reports to the bimcnlhly trustee mgelings. R¢ports arg given to trustees and trustees are ¢wtinuiThJ lo monitor this approach. Onc8 agaln, we w(xrfd like lo thank the Friends of the Castle Player¥ for tslr cMtinu&J supp(￿1. Thanks a180 to 8evertey Redfeam and Sus8n Kirkbride who conts.nue lo manage the group. Small company provisi¢)ns This report has been prepar&J In aetordance with the to companies entitled to the small compani8$ exemption. THE CASTLE PLAYERS TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Th8 Irustee8' report was approv&Y by thè Bowd ofTrustees. MrsA E PLgtten Tru8ts0 Date.. THE CASTLE PLAYERS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CASTLE PLAYERS I report lo the trusteè5 on my e¥anwnation of the finanud staten￿rts of The C88Ue Fyayers Ithe charity} for the year ended 31 August 2025. Responslbllltl•s and basls of report As the Iruslees of the charity (and also its directors for the PUfpose5 of company lawl, you are respon8lblo for the pr8p8ralion of the financlal ¥tatements in acC￿danCe vffjth the requirem￿ of the CompaniesAct 20C6. Having 8at18fied mysell that the fl￿n¢la1 statemont8 of thè dwrity are not requlred to be under Part 16 ot the Companies Act 20C6 and are eligible indep8nd8nt examination, I report in resFect of my exominatlon of I charlty's finanaal Ylalements carriéd OLrt under s&Xion 145 of the Charities Aet 2011. In cwrying out my examination I have folk)wed tho Dlr8Ctions gr¥en by the Charfty Commi8¥ion urthr section 14515)Ibl of thè Charitie$ Act 2011. Ind•pendent ex•mln•fs stAtèm•nt I have complded my examinatiM. l ￿nfi￿n that no matters havo come to my 81tenlth In ¢onngction the examlnakn'on giving m0 cause to bèlieve that in ary maleriaj resp8cI'. a¢¢ountsng record$ wgre not kept In respect of the eharty ￿ required by section 388 of tho Companles Act 2006. th8 financial stslements do not arxord vAlh those recc*ds' c the finarrial stalemenl8 do not comply wth the accounllng requirements of sedksn 396 of the Compni•$ Act 2008 other than any requiramenl that the finonaal $t8tements give a tru8 and fair view, which Is a matter con8id8red as part of an indopendent 8xaminabon', or the finanual stslamgnl8 have rni been prepared rn accOrd￿ce with m•trrt>Js aThJ princIp￿S of tho stst?menl of Recommended Practice for ￿l￿nting and rewrb"rrfJ by chanties applicable to charllies preparing their financial statements in accordance with the Financial Reportirvj Standard ap￿1¢81￿8 In tha UK and Repu￿1¢ of Ireland IFRS 1021. I havè no C￿￿eMS and have come no other matters in c¥)nne¢tion wth the 8xarnln811)n to whi¢h attenuon thoukl bè drawn in thi$ report in order lo enable a proper under8tandirKJ of the financial ststements lo be reached. Mr John Yarrow FCA Ind8p6ndent Examiner All•n Sykes Audlt Llmlt•d 5 Hen50n Close South Chur¢h Enterprfse Pwk 8hop Auckland Co Durham DL14 6WA 13/31&- THE CASTLE PLAYERS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Unr•strS¢t•d fund8 2026 Unrestrlct•d funds 2024 Notss Incom• from: Donations and l&Jaoes Charrt8ble actmt Investments 875 26.345 231 854 17.409 347 Total Incom• 27.451 18,610 Expondltur• on: CharIlab￿ activitkns 25.461 13,9e6 Total •xp•ndMur• 25.461 13,988 N•t Incom and mov•m•n¢ In funds 1,990 4,644 Roconclllatlon of funds: Fund balances 8t 1 Septembw 2024 27,537 22.893 Fund ￿lanC•S It 31 Augu•t 2025 29,527 27.537 The statoment of financial actlvibes Includ￿ al galn8 and losses rowgnised In the year. Al irvJme ar￿ exp8ndrtur8 derive from c¢)ntinuing actMb"es. THE CASTLE PLAYERS STATEMENT OF FINANCIAL POSITION ASAT31 AUGUST 2025 2026 2024 Fl¥•d •M•ts Tsngible a88ets 13 2.289 Current a88•ts Debtors Cash at bank and In hand 14 1.163 27.582 1.2e8 25,217 28.745 26,483 Cr•dltorn: amounts lalllng duo %•fthln one y••r 16 (1.164) (1,2351 N•t currenl Ass•ts 27.581 25,248 Tolal •M•ts leu ¢urr•nt Ilablllti 29.527 27,537 N•t a61ets 29.527 27,537 Th• fund¥ ol the charlty Unr88Mcted fvrKI8 29,527 27,537 29.527 27,537 The ccfflp8ny is ¢ntitled to the exempkn from ts a￿lit requlrement eontsin8d in 8ecUon 477 of the Compani98 kt 2006. for th6 year ¢nded 31 August 2025. The directors xkrthA*Jge thelr re8porniNitiaB ttrfnFWng v•ith Ihe requlr•m•nts of the Compalm￿ Acl 2C Ilih ro$FecI to accounting records and tho preparaiM of financ￿1 s¢atements. The member6 hov• rnqulred company to ot*aln ￿ audTt of rt$ finanoal Statem￿¢5 for the yw In question in accordance ￿th section 478. These ffinanGlal statemats hav8 been wepared in accord8rt8 Vlith the provi$i¢)ns applkablo to companie8 8uble¢t to the Small cL¥npanle8 regwne. The flnan¢lal 8latements approved WKI authorised for is by the tru8t¢es on ...... 8 A E Platten Trustee C Ne*￿1 Company wi¥tration number 02762428 (Engtarvj Vth81 THE CASTLE PLAYERS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Actountlng pollclos Charfty Inforrn•tion The CaS￿e P*er5 is a private cc¥npany limiled by guarante8 inc01p￿8tsd In EnglarKJ and Thé registered office is clo Tilty, Baley & Irvin8. 8 Newgate. 8am¥d ca31￿, Coi*)ty Durham, DL12 8NG. 1.1 Accountlng conv•ntlon The finanaal 5tstements have been pr8par8d In aCc￿da￿ wth the Companie$ Act 2006, FRS 102 "The Flnancial Reportbng Slan¢Jard app1Kab￿ in the UK aThJ RePU￿1C of Ireiand. I'FRS 102.1 and the CharitieB SORP 'ACcoUn￿Tra and Rem'ng by Charih'es.. Statement of Recommended Pr&tice applicable to chariti preparing their accounts in accordanrR wth the Financkql Reporb'ng Stsndard applicatsle in the UK and Republlc of Ireland (FRS 102)" leffeth'vè 1 January 2019). The ¢harty 18 8 Public Benefit Entrty as defin8d by FRS 102. The charity ha6 taken *Jvantag• of th8 pw81￿1 n the SORP fLY Ct￿￿.68 to weparo a Statan¢nt of Cash Flows. The financial 8t8tements are F*epar•d in sterling, I￿1¢h is the lUrdOn￿ currency of thè charfty. Monetsry 8mounl8 in thes8 flnarKial statements are round&J to the nearest £. The financial stalemenl8 hav6 t*on the *i8tc¥k81 cJ)st conventlon The principal accounting pollcies adopted are set oth below. 1.2 Oolng ¢onc•rn Al the Ilme of apFYoving th8 financial 8tal*Mnts. thg trustee$ havg a reaS￿ble exp•ctatlon that Ihe ¢ha￿ty hB8 adequatè re80urces to conts'nue in Ope￿¢)nal e￿$ten¢& for the foreseea￿0 fubJre. Thus thè trL6lee8 ntinue lo adwt tho Wng con¢em b￿$ 0fxco￿tir￿J in weparing the finanrA81 slalomenl$. 1.3 Charltsble fund8 Unrestricted funds are a￿lIab￿ ftx use at the d18uetlon of the tnJ8t•8¥ In furthera￿8 ol their charttable obJ"oclNes. Rastrlcted fuThJs 8r• subject lo ¥pth coThJitions by thr8 or grentors as to h¢)w they may bé used. The purpose8 and usès of the restricted fiJnd8 are ¥9t out in Ihe notes lo the finanual statements. Endr￿M￿t fimds are subject to 8potsfic condltm by donors th•t t￿ capttal mu51 be malntalned by the chadty. 1A In¢om• Income is recognised *then thè ¢harity FS *￿lY to it any performance condith)n$ have been mèt the •mol￿18 can mea8ured rella￿y, and rt 1$ wobable thai irthrne wll ￿ recdve(l. Cash donallons are r¢¢ogni8ed on reopt. Other donab'ons are recognised once the charlty has bggn notlfle(I of Ihe donation, unless p8rfomiance condiliws require deferral of the amount Income tsx reeoverable In rdatson lo donations re￿Ved under GIft￿.d or deeds of covenant 18 rwnised at the time of the donation. Leg&ies are reeognised on rtteipt or otheThvtS8 rf Ihe charity ha5 be￿ r￿lfied of an imtendirrfJ dis￿bUl10n, the amount Is known, and receipt is exFected. If the amC￿nI is ncé knopMI, the legacy 15 treated as a contingent asset THE CASTLE PLAYERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accountlng pollclol (Contlnuedl 1.6 Expgndltur• Expendrture is reccgnised once there is a 18gal or constructNe Obl￿9t10n lo transfer economlc benefft lo third party, it 18 prOba￿e that a transfer of ecofy)mic benefits 7Aill be required in $ottlemen( and the amount of the Obligat￿ can be measured reliabty. Expendlture 18 clas?Afi&J by actplity. The c(Ats of each actrth a￿ made up of the totsl of dIr￿t cost8 and Shared e08ts. induding supwrt costs invofved in undertakn'ng each acty'vty. Dlrect costs attributatle lo a sing aclfvily are allccgted directly lo that activty. Shared costs which contribute lo more than one actlvlty and 8UPPOrt costs ¥thJch are not attrf￿able to a ￿ngle activty are apt*Ntioned betsveen those xtivities on a basis ¢onsistenl *ith tha use of resources. Central staff costs 8re allo¢ated on the basog of time spent, and depreuab'on tharg8s are allocated on the porti'on of the assefs use. 1.6 Tanglble fixod a88•ts Tangible fixed a88ets ar• inilialty measurod at cost and 6ubsw4uenlly m8a8ured at C08t or valuation, net ol deix8d8t1￿ and any Impglmenl losse•. Doprnclatlon18 r•cogni8ed 80 88 lo write t)ff cost or valu•tK¥n of a88ets1888 tt*iT rnsklual volu88 over thwr Lmeful Ilve8 on Ihg followlng bases.. Equipment 15% rethxtng b81gncè The galn or losts 1rf8lng on the disposal of an asset is detemlnèd as the drflerfr￿e bots•￿n the Sale proce•J8 and the carying Value of the asset, and is recognised in the Statèment of financial ath'vib'86. 1.7 Impalmwnt of fixed a•s•ts Al each reporting end dale. th• chaNty the csryiw ¥m￿nts of Its tangib￿ assgts lo delormlne whether there Is any indicats'on that tlThe 8S8ets have 8uffer&J 8n impairment loss. If any such indratson exists, the récoverable amount of Ihe asset is est5mated in onler to detemiine the extant of the Imp8irmenl 1085 (rfany). 1.8 Cmh •nd c••h •quIV•￿￿ts Cash and ¢a8h equivalents Include cgsh n harKJ. dèposit8 held at call with b8nk$. other 8hort-18rm Ilquid investsnents with original maluritN?s of three months or lejs, and bank ¢)verdraft8. Bank overdraft8 ar• $hu*m thin borrowing8 in current Ikqknliknes. 1.9 Flnanclal Instruments The chanty tta$ deded to the provisions of Se¢lion 11 '8a8￿ Fingnckql Instrumgnls. Sa¢tion 12 'Oth•r Fln8ndal Instruments IssLW4' of FRS 102 to all of lis fina￿?81 instruments. Financial instruments are reco3ni8ed in t￿ chty'8 balance Sheet the charity becomes party lo the Contra￿al provisions of the instrlwn￿t. 8￿1C Ilnanclal as$ets B88ic finan￿al a35ets, %thich indude debtors and cash and bank balances. 8re inrtialty measured tran8ath.on price includlng Iransaclion ￿St$ aThJ are subsequenty carri8d at amorti8ed cost using the eff8Ctive interest method unless the arrangement ccfjstitutas a ffinan¢ing transaction, vthere tho tran5adion is m8asured at the present value of the tuture receipts dlscc￿nted at a mthet rate of interesL Financial assets classffjed as receNable wrthin one year are ￿t amorti￿. THE CASTLE PLAYERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Accountlng wllGle• lQ)ntlnuodl Ba81c flftancial Ihbllftles Bosic financial liabilib'es, I￿Uding creditors aTrJ bank loarts a￿ In￿BIlY recognised al transaction wce unless the arrangement consbtutes a financing transackon. where thg debt instrument is measured at the preS￿t Value of the future payments discounted at a mart(et rate of inlarast. Financial liabilrties dassified as payable thln one ytsr are Tr)t amorU8ad. Trade credIt￿S are Obl￿allonS lo pay for gocmls or serwces that have been acqulred In the ordinwy course of opwations from supplws. Amourts paya￿8 ore cla8sified a5 current liabilitses rf payment is du8 wthln onè year or 188s. If ncl, th8y are presented as non-current l1atx.l￿e$. Trade cr8th.lors are reGognised initially al transaction prie8 and subsequenlty méasured at amorti88d cost U￿ng the effecb've inter•st methctyj. Crftlcjl •ccounllng 08tlm*t•• •nd Judg•m•nts In th8 appllcatvJn of tho ¢hwW8 acCoUn￿r￿ policies. the tru8t80$ are requi￿ to make jud)&memts, estimate8 and a$$umptions about lh8 carrying amount of 06sel8 and liats"1￿.es that ore not readity app8renl from oth8r 80urces. The estimat88 and associated assumpknnB are based on histori￿1 expenencg and olhor tstors that are eA>nsidere¢J to b8 rekvanl. Actual results may from these estimates. The •stimal88 and undèrtying assumpb'ons are re4ikn*d ￿ an orKJolNJ Ws, Revi8ion8 to aceounllng estimates are recognised in Ihg penod In wfilch the estimate Is revlsed where the reviwon affects C￿lY that period. or in the pe￿d of ￿ rav1$1￿ and lutufe rMw)ds where w$N)n affect8 both current and fvlure perlodB. Compiny IlrnSl•d by gu•rnnts• Thg charity 18 a ¢ompany Ilmrted by guarantee and has no Share catytsl. At 31 August 2025 tr*r• wèro 8 members, each of which undertakes to ¢onlribute such amounl as may requirtrd (not exceeding £11 lo th& charity's assets 8hould rt be wwnd up ¥hbll8 ho or she is 8 member or Vlithin ¢)nè year after he or She ceases lo bo a member. Inc¢)m• from don•llon• and l•g•cl Unrn8trl¢t•d Unrnstrlct funds fund8 2026 2024 DonaliM$ and gifts 875 854 Chirtt•ble aclMtI•s Th•atrlcal Theatrlcjl produ¢tlons production¥ 2025 2024 PrOdUct￿)n Income 26,345 17,409 THE CASTLE PLAYERS NOTES TO THE FINANCIAL STATEPAENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Investm•nts Unre8trlcted Unreslricled fund4 fvnds 2026 2024 Bank Interest R￿l¥able 231 347 Expgndlturo on char6tsble actfvttles Theatrlcal Theatrfcal Productlons Pioductlom 2026 2024 Dlr•ct co8ts Thathcal Pro(lucllon8 18,205 6,242 8har• of Support and govem•nc• {•00 not• 81 SupF4Xt Governance 8,140 1.118 6.508 1.218 25,481 13,988 Analy•* by fund Unre8th¢tsd fund8 25,481 13,986 Support costs alloc•t•d to acllvlti 2025 2024 D8pr8cialion Rent & rat68 Repalr8 & maintenaneo Insurance & Iicgn8e$ Other offico costs Bank charges Sundry exFen¥es G0Veman￿ costs 343 4,200 404 4.200 116 1.197 74 128 387 1,218 1.294 72 130 101 1,116 7,2 7.724 An•ty••d bet￿•n. Theatr￿1 pr0￿Cl10n8 7,256 7,724 10- THE CASTLE PLAYERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 8upport costs allocat•d to actlvltl•8 (contInu￿) 2025 2024 Gov•rnanc• £￿ts ¢offlwise: ountsncy fee8 1.116 1,218 1,118 1,218 Net movomonl In fund$ 2026 2024 Th• nat movement in fvnd8 is ¥tstod aller charging1((xeditiwl'. Fees payable for ￿ I￿ent 6xamin*lon of the etha￿8 financial st8temenl$ DepreC￿On cl tar4Jible flxéd as8ets 1.140 343 404 10 Tru8t• None of truste8$ lor any pef•M8 GOnn9c￿ tr￿) recelved ary remuner*ion or benaflls from the charity durfng Ihè year. 11 Employ• The average monthty numbor of employe88 dwng the y88r wal: 2025 NuM￿r 2024 Numb•r Tot81 Ther& were rn emF4oyo8$ 7A*K)se amu* remLmratlon w88 more than £eO.OLKI. 12 Taxatlon Tha chkn is exempt from laxation on its ￿t￿lt￿S because aN ts Ir￿C￿Me Is for cr￿table pu￿0888. 11 THE CASTLE PLAYERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Tinglble fixed a880ts Ewlpm•rt C￿t At I SoPt•mber 2024 26,049 At 31 Augu8t 2025 28.04 D•pr•¢latlon and Impalrni•nt At 1 Septemter 2024 DePrn¢iat￿n ¢harged in the year 23,760 343 At 31 August 2025 24,103 C•frylng •mounl At 31 August 2025 At 31 August 2024 2,289 14 D•btorn 2025 2024 Amounls f•lllng du• wlthln on• y•ar: Prepoyments and accrued income 1,183 1.266 16 Cr•dltorn: amounts lalllng du• wlthln on? ymr 2026 2024 Trade credrtors Acwals and deferred inC¢￿e 1,164 1.139 1,164 1.235 12- THE CASTLE PLAYERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 UnM8trlct•d funds Thg unrnstricted fvnds of the charity comwise the unexpended balarKes of d(rtims arKI grants vthich are subject to 5peufic coTrYitions by doncws and grantors as to IKrw tlw may used. TheBe Incl￿ d•%gnatetl funds ￿leh ha￿ begn sel aside Ixrt of unrestricted funds by the trustee8 for specffiG pU￿Se8. At1 Incomlng R•SOu￿*1 At 31 August sert￿ber r68ourco8 •xp•nded 202B 2024 Re88ryes provldod for by th•ArUckn of Assoaatson General funds 8,665 20.872 8.885 22,862 27.451 125,4611 27.537 27.451 125,461) 29,527 Prn¥lou• ymr. At1 8•pt•mber 2023 Incomlng rosourc R••ourw At 31 August •xp•nd•d 2024 Re8erves proii¢Jed for by the Artica8s of A880ry*ion Genoral fund8 8.885 16,228 6.885 20,872 18,810 (13,9661 22.893 18,610 113,9681 27,537 17 R•lat•d p•rty trnn•actloDs There were no d18cIo8the r4ated party transadlons during th? year12024- nuw). -13-