GREENTOP COMMUNITY CIRCUS CENTRE LTD Financial statements for the year ended 31 st December 2025 Charity number: 1054722 Company number: 03185290 Registered England and Wales Company lirnited by guarantee
GREENTOP COMMUNrri CIRCUS CENTRE LTD Contents of the Ilnanelal $tstomonts for the year ended 31st Decombfrr 2025 Page Adminlstrative Detai15 Direttors (Trustees Report) Independent Examiners Report Statement of Financial Actlvltles Balance Sheet Notes to the accounts 10-15
GREENTOP COMMUNITY CIRCUS CENTRE LTD Admlnistrative details for the year ended 31st Decombor 2025 Reglstered Name GREENTOP COMMUNITY CIRCUS CENTRE LTD Rogl$t•rod Charlty number 1054722 Rogistered Company numbfrr 03185290 Dlroclors ITrustso8) P Cheung, TrLtsteelCompany Secretsry l F Morley, Trustee R B Gillett, Trustee J Gridley, Trustee N R Kane, Trustee S M Lowi Jones, Trustee M Giles, Trustee D Lowe, Trustee R Budey, Trustee B Nori, Chair From 4 March 2025 - From 4 March 2025 - From 4 Mar¢h 2025 Until 22 April 2025 Rogl8tor8d Offico St Thomas Church Holywell Road Brightse Sheffield S4 8AS Bankers The Coryoperative 88nk Indop•ndent examlner Heera Singh FMAAT HSL Aecountan¢y Solutions Ltd Enterprise House 4* Thorne Road Doncaster DN12HS Page 1
GREENTOP COMMUNITY CIRCUS CENTRE LTD The DSrector8 {trustoosl present thelr annual report for the year ended 318t December 2025 Chalrpernon'8 Statem•nt As I reflect on 2025. 1 do so with a r8al pnde in what Gent0p has achiéved and in the people who make thal impact possible. First, throughout the year Greentop has rxsnty'nued to strengthen the in¢lu$ivity that sits at the heart of all our programmes. With the support of a range of tNsts and foundations, we have been able to expand our reach and support more than 50 young people with autism, ADHD, PDHD anxiety, and those who may struggle lo self-regulale or to relate to socially constructed norms. An innovab've milestone has been our new partnership wtth Endeavouf, through which we have established tho UK'$ first Circus Altemaliv& Provision programme. This innovative initiative has provided a new and meaningful route into leaming for six young people who hod been excluded from school. We have a150 extended our bursary support, enabling 45 participants lo take part where cost might othemise have been a barrler. Looking ahead. our partnership with the Learners TTUSt to develop a new Circus After School programme across Rotherham and Sheffield reflts our continued focus on reaching comrnunilles where opportunities are mo81 needed. Our young people continue lo inspire us. Troupe, our Youth Circus company of 12 yOL¢ng ppIe, ¢o<roatad and performed Uplift, a moving and powerfvl exploration of young people's mentsl health that reached an audience of mor8 than 600 people. From the first idea through to performance on our outdoor rig, tha creativity, courage and commitment Shown by thè group has been outstsnding. We are incredibly proud that of our parti¢ipants have secured places al the Centr8 for Advanced Training, a wonderful reflectson of both their tslent 8nd the support around them. Alongside this, two Scratch show events provided valuable opportunities for artists to test new work in front of an engaged audience able to offer infonmed and constructive feedback. Alongside celebrating these achievements, we r6main focu8ed on Gre8ntop's long-lemi 8U8talnabillty and gro%V(h. Insights from the ACE-fvnded 2024125 Audience Development Project are now directly informing both our marketing approach and the continued growth of our Hire Us strategy. Al the same lime, external economlc pressures continue lo present challenges across the Charltsble sector. In r8sponse. the management team and Board continue to review our busin¢ss strategy and delivery plans carefully lo ensure Greentop's long-term su$taln8blllly In a demanding environment. Finally. I want to express our sincere thanks to the key supporters who conllnue lo place Ihelr confidence In Greenlop, including Arts Council England, the Garfield Weston Foundation. The Poslcode Nei9hbourhood Trust, The 8relms Trust, Foyle Foundation and Sheffield Town Trust. Our appreciation also extends lo the many local trusts, foundallons and private donors whose generosity enabl&$ us to reach people who might olharnvise not have access lo these life- chan9ing opportunities. My thanks also go lo the youn9 people, artists, stsff and the many others whose energy, imagination and passion contlnue to shap8 who we are. Looking ahead, I remain excited by the communlty, Spirit and creativlty that continues to define Graentop, and l am confident in the organisalion'8 abllity to keep growing 118 impact in the year¥ lo Gome. Bec¢1 Burley, Chair 2025 Trustees Report Page 2
GREENTOP COhlMUNITY CIRCUS CENTRE LTD Tho Directors Itrystges) present thelr annual report for the year endod 31st D8¢ember 2025 The Trustees present their annual pOrt together with the financi81 statements of the charity for the 1 January 2024 to 31 December 2025. The Annual Report serves the purposes of both a Trustees, report and a directors, report under company law. The Tru51ees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements. the requirements of the Charitable company's governing document and the provision$ of the Statement of Recommended Pracli¢e {SORPI applicable to charities preparing their accounts in a¢¢orOan¢e with the Financial Repjftsng Standard applicable in the UK and Republic of Ireland IFRS1021 (effective 1 January 2019}. Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. MISSION, VISION and VALUES Mission.. Gnt0p'S purpose 15 to promote excellent circus that inspires young people, grows wellbeing and develops artists. Greentop is a dedicated centre for circus arts with 29 years experience of serving the North of England with professional circsjs arts training, youth circus and specialist workshops and events for communrties, schc4)Is and businesses. Our vision for achieving this is lo be a centre of ex¢ellen¢e in social circus.. and to be an integral part of Sheffield city gion's Grealive ecology, growing leaching pra¢li¢e, artists and vibrant circus making. Ouf ValLres". Undeinning everything we do.. Quality.. Just as we strive to hone in¢redible skills. we strive for quality in everything we do. Participants". Circus is our passion, so we create it with cafe and appreciation of our participants and audience. Sustsin8ble.' The Green in Greentop reflects our founders, aspiration for working a5 part of a wider natural world. We o)ntinue this intentson by making Greenlop finan¢ially, Socially and environmentally sustsinable. Safe.. We provide a safe space for people of all abilities to explore innovations, take physical nsks and be ambitious. Collaborative.. W8 work collaboratively - achIng out across communities. across art forms, and across activities, ¢ullures and sectors. ACHIEVEMENTS AND PERFORf•lANCE Programme hlghllght8: Over the year, our regular programme of adult and youth classes has contlnued to grow. involving over 200 people each week and exceeding our tsrgets. These have in¢luded additional leaching support to ensure they are as inclusive as p0s5ible. We have been able to support 45 people tttrough our bursary scheme enabling them to participate when cost would otherwise be prohibitive. 2 Scratch and showcase events enabled 18 artis15 to try out rbew woth to an audience of 155 and programmed series of 10 Masterclasses and act development sessions. We have supported 52 young people with autism through our Spectrum Cir$ programme and through addrtional support on our weekly Youth Circus progression programme Our Youth Cir¢us perfoming platfom, Troupe, enabled 12 young people to COv¢reate a show, Uplift . with an artistic director Elanor Hooper and designer Sarah Lewis<ole. They trained weekly for hours over 25 weeks. alongside eight one-day intensives and rehearsals to create Uplift.. A circus journey through chaos and connection reaching audiences of over 600 across Barnsley and Sheffield on our outdoor aerial rig. The show explored what it lakes for yovng people to reconnect, exploring ways to promote positive mental health. Our new partnership with local adventure charity Endeavour has launched the UK'S first Circus Alternative Provision programme for young people excluded from h0O1. A trial pr(lamme of weekly sessions has worked with 6 young people over 4 months. The partnership enabled delivery of circus youth club as a transition opportunity for local youn9 paople that we have worked with over the last 5 years. We completed a trial of Wellbeing work$hops with 12 local women. This Vdill infomi development of futyre eighbourhood programmes. We are delighted that 2 youth circus participants have continued on the National Centre for Circus Art's Centre for Advanced Training programme. Conlinued delivery of our inclustve circus programme including additional leaching support for those with addib.onal needs, and monthly and free holiday Spectrum circus sessions, and have extended our circus Minis provision for the very young. We have continued our monthly classes for the LBGTQ+ community. Page 3
GREENTOP COMMUNITY CIRCUS CENTRE LTD Th¢ Dlre¢torn Itru8te•8) present thelr annual roport for tho year onded 31st December 2025 Programmo hlghllghts: Wothing in partnership with the Learners Trust and wth support from Arts Council we have initiated development of a new Circus After School programme. We are creating and testing a new programme for delivery in the 2026127 academtc year. 11 will reach 100 young people at 12 after schwl clubs in economtcally disadvantsged neighbouthoods across Rotherham and Sheffield which are und&rserved by arts and creativity. We are then planning lo extend the programme over the Coming 3 year8. Organl8atlon development hlghllghts: With support from the Backstage Twsl we have been able to initrate a building development feasibility study. Support for thls initial thlnking work Is crits'cal in addressing medium and long term development needs. The study will ¢onssder how we can continu6 to improve our environmentsl perfomanc8 alongside Identifylng immediate works and plans for gr0h to ensure Greenlop 1$ ready for the next 30 years. We are implementing marketsng end communi¢alion slralegl&s developed from insights gained from the Audience Development project undertaken over 2024125 with a goal to increa8e affectrveness in generating nel income and reduc& demands on grant support. We a very thankful lo key $upporters that have conlinugd to place confldenco In Greentop. not least Arts Council England, the Garfield We$lon Foundatson, The Postcode Neighbourhood Trust The BlmS Trust. Foyla Foundation and ShelTield Town Trust and Sheffield Cty Council We also extend our appreciation lo local trusts and foundation$ and private donors, whose Support ha$ underpinned our ability to engage people we would not otherwise be able to reach, Including.. Sheffield Grammar School Exhibits'on Foundation. James Neil Trust, The Hargreaves Foundation D'oyly Carte Chantable Trust. The Three Guineas Trust, The Backstage Trust Maln •chlev•monts of tho ¢h•rlty Programme highlights.. Over the yèar our regular programme of adult and youth cl8$88s have grown lurther Involving over 200 people each week and exceeded our targets. These have included addltional teachlng 8UPPOrt lo ensure they are 08 inclusive as possible We have been able to support 38 p8op18 through our bursary scheme onabllng them to joln In when cost would otherwise be prohibitive. 3 Scratch and showcase events enabted over 22 art48ts to ty out new work to an audienc8 of 220. We programmed a Series of 5 Maslerclasses, and Introduced classas for LBGTQ+ community and famlly acrobatics. We have been able lo exp8nd our •ngagem&nl in Iha neighbourhotsj a stlll walklng Paradè by young people from the Grimeslhorpe neighbourhood circus was a real hlghlight. We c108ed roads around their neighboufhood with 200 friends and neigh1r8 enjoying the Parade and sharing event al the Grimesthorpe Family cent. Established a new partnershlp wlth Socal adventure ¢harily Endeavour completin9 a feasibility study to èstablish the UK'S first Circus Alternative Provision programme for young people exGluded from school. to start in 2025. Delighted that 2 youth circus particlpants have been off&red places on the National Centre for Clrcus Art's Centre for Advanced Training programme, Continued delivery of our inclusive circus programme including additional teaching support for those with additional need$. weekly neighbourh¢Jod family clrcu$ and monthly Spectrum circus and circus Minis and f Healthy holiday programme8. FINANCE REPORT 2025 had 8 positive outtum of £24,000. Thls is abjve our break even budget target. Our core participat¢on programmes, even with rising cost of living, performed above target, supported by our bursary programme. Whereas our Hireus outreach activity has definitely been impacted by tightened budget across a118e¢lors and reducing a key income gener¥ling area. Wè ara hugely gratefvl for the continued support of all the Tru¥is and Foundations and Arts Council England who are helping us reach young people a¢ro$$ the region. PLANS FOR FUTURE PERIODS The building development feasibility Study will define a $el of options for the renewal of Greentop facilities and scope potential for expansion. These will specify and cost opb'ons to underpin a phased p1*al fvndroising campaign over the next years. In June 2026, after 10 years in role, Teo Greenslreet, Centre Director, will be stepping down. A process of reviewing the organisation structure and functions has been initiated by the Board's Strale9ic Planning Group with recruitment starting earty ir$ 2026. Page 4
GREENTOP COMMUNITY CIRCUS CENTRE LTD Tho Dlrnctors (trustees) prnsènt thelr annual roport for thg year gndod 31st Decombfrf 2025 RESERVES POLICY The charity has a long standing reserves policy requiring suffi¢ienl free reserves to be retained to meet any statutory costs in the event of the charity needing to be wound up, for example, redundancy payments and accounts fees for final accounts and to provide working capitsl to avoid cash flow problems. The lotsl amount of reserves al 31 December 2025 was £101,466 12024 £ 77,449). The Iruslees are provided with regular financial reports from the accountant to ensure that any potential shortfall is identified at an early stage and any necessary remedial action ¢an be taken. In setting the charity's SerVeS policy, the trustees have considered tx)Ih the day-to4ay running of the charity's operations and also the potential for unforeseen costs. The trustees are of the view that the charity's actsvities most likely to trigger significant unforeseen costs are building repair and in¢ome defi¢rt from un$uccessfvl fvnding bids or under performing earned income. Al December 2025 the Iruslees have sel aside money in a separate bank dewsit account of £40.000 with working capstal of £5,000 minimum in the main account.. This poIY will be reviewed annually. GOING CONCERN Aftei making appropriate enquiries, the Iruslees have a reasonable expectstion that the charity has adequate resources lo continue in operional existen for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further detsil$ gardIng the adoption of the going con¢em basis can be found in the accountsng policies. Stru¢turei governance and management Con8tltution The charity is gIStered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 12104186. It's registed office is St Thomas Church. Holywell Road. Brightside, Sheffield, S4 8AS. The charity is conslrtuled urmler a Memorandum of Association dated 2710311996 and 15 a lStered charity number 1054722. Methods of appolntmont or oloctlon of Tru8te88 The management of the charity is the responsibilrty of the Trustees who are elected and co-opted under the terms of the Articles ofAssociation. The Trustees meet at least four times per year lo ensure the charity is delivering ils charitable objectives. financial probity and Complian with legislation. TNstee$ are re¢ruited in relation to the charity's needs, idents'fied through an audit and specified in a sel of trustee role descTiplions. Appointments are made in accordan with Clause 40 of the Memorandum of Associatron by trustee vote. The minimum number of Trustees is three. One-third of the Trustees rets're by rotstion based on length of seNice. All of the Trustees who served during the year, were as follows. P Cheung, Trusteelcompany se¢tary l F Modey, Trustee R 8 Gillett, Trustee J Gridley, Trustee N R Kane, Trustee S M Lowi Jones, Trustee M Giles, Trustee D Lowe, Trustee R Burley, Trustee Mothods of appolnlmont or electlon of Trustees Flnanclal rlsk manag&mènt The Trustees have assessed the major risks to which the charity is exposed, in particular those lated to the operations and finances of the charity, and are $ab'sfied that systems and procedures are in place to mitigate exposure lo the major risks. Tru8teO8' indomnitles The Trustees, as directors of the company, have been granted a qualifying third party indemnity provision under section 234 of the Companie5 Act 2006. This does not provide cover in the event of a d1Ctor being proved lo have acted fraudulently or dishonestly. Page 5
GREENTOP COP•lMUNITY CIRCUS CENTRE LTD Tho Dirgctors (trustees) prnsont tholr annual report lor tho yur Bndgd 31st Decombei 2025 Manag•ment and staffing The stsff team led by the Cenlre Director and the Chair of the Trustees are responsible for the slrateglc and operatK*nal deliv8ry ofthe Charity. The team is supported by volunteers. No amounts are included in these financial ststements in respect of the services donated by volunteers. Statement of Dlre¢tor8 and Tru8tee8' re8pon8lb511tle8 The trustees (who are also the directors of the Company for the purposes of company lawl are responsible for preparing the Trustee$, Annyal Report and the financial statements in accordance with applicable law and Unrted Kingdom Accounting Standards Iunrted Kingdom Generally kcepled A¢¢ounting PraGticel. Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the ¢haritable company and the group and of the incoming resources and applicab'on of resources. including the income and expenditure of the charitable company and the group for that period. Irs preparing these financial ststements, the trustees are required to.. select suitable accounting policies and then apply them consistently,. observe the methods and principle$ in the charrties SORP,. make judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basi$ ursless il is inappropriate to presume that the ¢harrtable company will continue in business. The Iruslees are responsible for keeping proper accounting record$ whr¢h di5¢105e wth reasonable accuracy at any time the financial position ol the charttable ¢ompany and of the group and enable them to ensure that the financial Statements comply wrth the Companies A¢t 2006. They are also responsible for safeguarding the assets of the charitsble Company and the group and hence fof taking reasonable steps for the prevention and detection of fraud and other IrglarItIes. Small company provlslons: This report has been prePad in a¢¢ordance vAth the $pe¢ial provisions for small companies under Part 15 of the Companies Act 2006. The directors declare that they have approved the directors, report above. Signed on behalf of the ¢ornpany's directors.. The tnjstees declare that they have approved the above report. Signed on behalf of the trustees Signed.. Name and position.. TrilEÉcT c>L. Date. t71 Page 6
Ex•mlner'• roport to the trustees of GREENTOP COMMUNITY CIRCUS CENTRE LTD for the year ended 31st December 2025 I report on the account5 of the GREENTOP COMMUNITY CIRCUS CENTRE LTD for the year ended 31 December 2025 which are set out on the following pages 8 10 15. Respectlvo responslbllltlu of trustee8 and examlner The charity's Iruslees (who are also the directors of the Company for the purposes of company iawl are responsible for the preparation of the accounts. The charity's trustees consider that an audtt is not required for this year under section 144121 of the Charities Act 2011 Ilhe 2011 Acll and that an independent examination is needed. Having satisfied myself that the charity is not subjed to audit under Company law and is eli9ible for independent examination, it is my responsibility lo". examine the accounts under section 145 of the 2011 Act., follow the procedures la down in the general Directions given by the Charity Commission under ¥e¢lion 14SI51(bl of the 2011 AGt', and stsle whether particular matters have come to my attention. Bas18 of Independent examlnerfs report My examination was caffied out in accordance with the general Directions given by the Charity Commisston. An examination inclL¢des a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and Seeking explanations from you as trustees con¢eming any such matters. The procedures undertaken do not provide all the eviden¢e that would be required in an audit and consequently no opiniors is given as to whether the accounts present a 'true and fair view. and the report is limited lo those matters set out in the ststement below. Indopondgnt 9xamlner'$ 8tatgrnont In connection with my examination, no matter has Come to my attention.. 1. which gives me reasonable cause to believe that, in any material spect, the reqU1Ments. ac¢ounling records have not been kept in accordance with section 386 of the Companies Act 20C6', the accounts do not accord with such records.. where accounts are prepared on an ac¢Nal$ basis, whether they fail to ¢omply with relevant accounting requirements under se¢tion 396 of the Companies Act 2¢)06, or are not consistent with the Charities SORP IFRS102) any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts. hav8 not been met., or to which, in my opinion, attention should be drawn in order to enable a proFer understanding of the accounts to be reached. Heera Singh FMAAT on behalf of HSL Accountancy Soluliortrs Ltd Erslerprise House 4-6 Thome Road OonGaster DN12HS Page 7
GREENTOP COMMUNITY CIRCUS CENTRE LTD Statemenl of Flnanclal Actlvltlos lor tho yoar &nded 31st Docombor 2025 Unr••trlct¢d 41rf¢t fund• fvnd Totsl 2025 Totsl 2024 Income from: Grants and donations Income from charitable actiwlie$ InVlMnts 74.636 179.280 1,213 41,910 t16,S48 94,481 1,500 180,780 188,575 1,213 783 Total 255.129 43 410 298.$39 283 839 Exp•ndlturn on: Ch8rrtable activtbes 235.623 36.9C(J 274.523 291.885 Totsl 235.623 38,900 274,523 291,88S Nel incomellexpendilurel 19.506 4,510 24,016 Not movom•nt In fundB aftgr tran•fer¥ 19,506 4.510 24.018 Totsl knnds brought forward at 1st January 2025 80,262 17,188 77,450 85.495 Totsl funds cath•d forward 31•t D•c•mb•r 2025 79,768 21,898 101.466 The above ststement in¢lude$ all gains and loses recognised during the year. All activities are regarded as continuing. The accounting policies and notes on pages 10 to 15 fomi part of these financial statements. Page 8
GREENTOP COMMUNITY CIRCUS CENTRE LTD Balance 8heet As at 318t D8¢•mbor 2025 2025 2024 Flxed assets Tangible assets 18.294 20,503 Curront assets Debtors Cash at bank and in hand 6,641 6.881 65,643 72,524 105.951 Cr•dltor• lamounts f•lllng du• ln on• yfrarl -22,780 -15.577 Net ¢urront a•••ts 83,171 56,948 Not ••80ts R•con¢lll•tlon of Fund8 Unrestricted funds Reslricled funds Totsl fund• 79.768 60,262 For the pertoJ ended 31. December 2025, the company is entllled to the audit exèmption under sectSon 477 {21 of the Companies Act 2006. The members have not required the company to obtain an audit In accordan¢e wSth 8Klion 476 of the Companies Act 2006. The directors 8cknowled96 their resporssibilities for.. al ensuring the company keeps accounting r8cords which comply with section 386., and bl preparing accounts which give a true and fair view of the stsle of affairs of th& Company as al the end ol tho financial year, and its profit or loss for the financlal year, in accordance with the reqUireMt of the companies Act 2006 relating lo accounts. $0 far as Is applicable to the company, These a¢¢ounts have been prepared In Kcordance wllh the provisions appllcable to Companies subject to small companies, regime. The direclofs declare that they have approved the a¢¢ounts abovè. Signed on behalf ol th8 company's directors.. Signed,. Name and position.. f£cci , 1siQ ocro Date.. Il /oG /Eo2 The accounting policies and notes on pages 10 to 15 lomi part of these financial statements. Page 9
GREENTOP COMMUNITY CIRCUS CENTRE LTD Notes to the financlal ststements for tho yoar ondod 31st Decernber 2025 Accountlng pollclo8 8a818 of preparatlon The financial statements have been ppared in accordance with the Charities SORP IFRS 1021- Accounting and Reporting by Charities.. Stslemenl of Recommended Practice applicable lo Charities prepaling their accounts in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} (effective 1 January 20191. the Financ1 Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 20C6. Greenlop Community Circus Cantre Ltd meats the d&finition of a publi¢ benèfit entity undèr FRS 102. Assets and liabilities are initially Tecognised at historical cost or transaction value unless otherwise ststed in the relevant accounting policy. The functional and presentation currency is pounds stsding. Incomlng re8our¢ Voluntsry income is received by way ol donations and gifts. Sltrch income is included during the year in whlch it is receivable. The value of service$ donated by volunleefs has not been included. Grants that involve the receipt of income prfor to defraymenl of expenditure ara recognlsed In full during the year in which they are receivable. Grants that are receivable after the defrayment of expenditu are recognised during the year in which all of the lerms and conditions of the grant have been fvlfilled and the re¢&ipl of the grant is certain. These policies apply lo both capitsl and revenue grants. Income is deferred when contractual Incomlng resources ar& r1Vad or involL*d In advan¢• of contractual performance oi when th& donor spe¢ifies that a grant or donatlon musl only be used in a future accounting period. Inveslment Income ¢onsi$l$ of bank interest receivable whrch is recognised upon notification by the bank. Expendltur¢ Charitsble aclivStles and Govern8n¢e costs are costs In¢urred on the charlty8 educational operallons, including SUPPOrt costs and ¢o$ts ralating to the governance of the charity apportioned lo ¢haritabl8 activities. Resource6 expended are allocated to the particular actlvity where the cost relale$ dlrectly to that activity. Costs that cannot be allocated directly to a particular activity are apportioned to the acllvity based on that activity's income unless a more reasonable basis can be determined. Support costs are Ih08e costs incurred dlreclly in support of expenditure on tho objects of the Charfty, 1A Fund ac¢ountlng Reslricled funds a funds received from donors which are subject to restrictions on the purpow for which they may be used of which have been raised for a specific project. Unreslricled funds are those where there are no externally imposed restrictions. These include funds freely available to the charity for expenditura or appropriation to reserves for internally designated purposes. Govemance costs are those incurred in connection with the gov8manc8 arrangements of the Charity and Compliance with conslrtulional and statutory requirements. Tanglble flx8d 488ets and deprgcl•tlon Tangible fixed agsets are carld at cost. net of depreciation and any provision for imp•imient. Depreciation is Charged so as to allocate the Cost of tangible fixed assets less their re¥idual value over their e81imated useful lives. Depreciation is provided on the following basis.. Freehold proFerty slraighl line Circus equipment 25% straight line Computer equipment 33% straight line Page 10
GREENTOP COMMUNITY CIRCUS CENTRE LTD Notes to the flnanclal statements for the year ended 31st December 2023 Tanglble flxed a08•ts and depreclallon Freehold propety is initsally recognised in the ffinanaal statements at historic cosl. The fair value of the freehold property. In Ihe op'nion of the Trustees, cannot be measured reliably without undue cost or effort du• lo thg specialised nature ol the buildings. As su¢h the freehold property 13 ac£ounted for using the cost model. The TrustW Lrndèrtske regular impaifrnent reviews. Tax•• The company Is not VAT regisltsred. As a Charity the company Is exempl from tsxation Income 8fK1 gain8 falllng wilhln section 505 of the Taxe8 Act 1988 or $256 of Ihe Taxation of¢hargeable 9ains Act Sgdon 505 of the Taxes Act 1988 OT 8256 of th Taxation ol chafgeable gains Act 1992 to ext•nl that those ar8 applled lo 118 chawttable obj8¢ts. Credltor• CreditO¥8 are rocogni8od where Ihtr charity h48 a present obSigaUon m3ulting from a pa8t event that wlll prob8bly result in the transfer ol funds Io o thsrd porty and tho 8mounl due to 8ettlo Ihe obligation can be measured or estlmgtgd reliab. Creditors are nom)ally r0¢0gnised 81 th•ir $&tUomonl amount. usually invoicè amount. Accrued charg$$ are normally Volued at Ihoir settlement amount. O•btorn Debtors 8r& recognised al tht Settlement awrf)unl due. Prepayments are valued gt Ihe omount propgld. Lea8•• Rent81$ payable and 1vable under opgrating l•aws are charg011 to tho SDFA on 8 8trhl line bail8 over the of Ih¥1•880, P•n•lon Th• ¢harity operat8s 8 defln8d conldbuJon pgnglon 8ch•me and Ihe pan8lon tharg& r•Pr0 the #mounts payabl& by th& ¢h8rity to the fund In r8spect of the y08r. 13olng COnM The financjal siglèmen18 have beon prepared on a golng conc4m b88is. The TN81oe8 havo nSIdered thelgvel of lunds held and the expected income and exp¥nd4¢ur¥ for tho 12 month8 followlng Ihe 8ulh0ri8ing ol these financial 8ts1em8nts and cL*n8ider the going concwn b8818 8ppropdal•. Thère are no mAtoflal un¢ortainlie8 at the 8alance Sheet date. The Tru8lee8 conlinug ¢0 pursue all ktK¢wn 8ource8 and m&an$ of funding Ihol may bg availabkn lo Ihgm in ordor lo finance the charitYB adivilies. Incom• Irom: G•neral Ro•trlct•d Fund Fund Total General R••trlcted 2025 Fund Fund Total 2024 Donations Grants 600 74,038 600 41,910 115,946 631 9,524 631 93,850 84,328 Total 41910 116 546 Incom• from ¢h•rltablfr a¢llvltl•• Gen•rnl Re8trlctsd Fund Fund Total 2025 G•nar•l R08trlct•d Fund Fund Total 2024 Outreach Youth Circus Classes and workshops Events and venue hire Professional Other Total 59,050 61,562 51,177 1,956 4,571 2,178 180,493 59,050 63.062 S1,177 1,956 4,571 2,178 1 $00 181,993 65,434 53,967 $4,158 8,247 4,493 2,278 188S75 65,434 53,967 54,158 8,247 4,493 2,278 0 188 575 1,500 Page 11
GREENTOP COMMUNITY CIRCUS CENThE LTD Notgs to the Ilnancial statoments lor the ye•r ondod 31•t Decembor 2025 Expendlturo on: 2025 Totsl tr•ach Youth Workshops Totsi Dlrrtto Perfomierg and lutorn Othtrr dir•¢t costs Pfole88knal 32,288 35,315 28,252 3.027 1Tr),g)J 4,017 81.353 4,017 42,692 32,288 35.3lS 28,252 327 5,026 104,917 126,728 Supwtroits Cèntre ovetheads Stoff tr8SnSng and welfar• R•p•irs rna5ntsnnc In$urano) Goner81 offica eynttilure Adv8rt1sing and prrynollon 8Ank ch8igo1 W#9es ¥nd $•l•rt•• D•wecIatn Govorn8nc eos 2,394 417 2.618 456 ltrJ4 365 75 224 75 7.480 1,302 7,344 6,135 13.299 769 13 39 2,350 1,961 1,295 2,570 2,147 1,417 142 2,056 1,718 1,131 114 73 210 73 61 61 121 2,4$8 4,708 2,013 123,501 3,19B 12 711 778 622 22 67 22 2,223 lJl,426 Z,208 42,056 707 45.999 773 36.799 618 L314 22 70 3,943 66 211 1,314 12 2,461 7,033 169.K6 54,Z74 59,362 47,490 1,696 165,157 Totsi 2025 86.562 94th7Y 2Y4,52J Total 1024 134,328 68,741 Z91085 ExndIture by fund•: General R••trlcted Fund Fund Total G•nernl Rmlrlcted 2025 FuTrd Fund Total 2024 235 823 38900 274523 220763 71 122 291 885 Gov•m•n¢• ¢o•ts 2025 2024 Indep8ndent examination fe&lAccountancy fee8 Professional cos18 Totsl 2.040 2,340 The accountancy fees include an amount of £2,04012024.' £2,040) relating to the independent examination and £012024.. £3101 for the Provision of othor services from the independent examiner. Stsff ¢0818 2026 2024 Salaries So¢ial $¢¢urity ¢08ts Contribution lo defined contribution nsIOn s¢heme$ 126,840 2,161 117.230 3.856 131426 123,502 Avarage numb8r of •mployee$ during the period was.. No person received emoluments of more than £60,000.in the year. During the currenl and prior year. none of the trustees received arsy remuneration, benefits in kind or imburseo expenses. 6.00 6.00 Page 12
GREENTOP COMMUNI CIRCUS CENTRE LTD Notes to tho financial $tstem¢nts for the year ended 318t Decembgr 2025 Tanglble fixed assots Freehold Clrcu8 Computer property oqulpmont oqulpment Total Cost Al 1st January 2025 Additions At 31 st December 2025 42,126 34,512 10,044 86,682 42,126 34,512 10.044 86,682 D•preciatlon Al 1st January 2025 Charge this period At 31st December 2025 23,391 33,417 802 34.219 9,371 564 9,935 66,179 2.209 68.387 24,234 Nol book value at 31•t Decembor 2025 17,892 293 109 18,294 Net book value at 318t Do¢•mhr 2024 18,735 1,095 673 20,503 Dobtorn- amount8 falllng due wfthln one y•ar 2025 2024 Accounts receivable A¢¢rued income and prepayments 2,514 4,127 1,991 4,890 Cr•ditorn- amounts falllng duo wlthln one year 2025 2024 A¢¢ounts payable A¢¢rual$ and deferred income Other taxation and sttial security Other creditors 5,613 15,336 1,830 5,912 7,347 1,798 519 15,577 10. Statement of funds Openlng In¢omlng EXnded Closlng 01.01.2025 rosour¢e8 ra8ource8 Transfofd 31.12.2025 Unro8trlctsd fund$ General funds 60,262 60.262 255 129 255 129 -235 623 -235 623 79.768 79.768 Ra8trlctod fund8 Neighbourhood Troupe Spectrum Circus After School- Arts Council Capital devebprnenl Bursary fund Audience Development Proje¢l Grimeslhorpe Neighbourhood Circus Low Carbon Project 390 12,595 92 1,410 1,500 4,000 22,900 12,000 -1,800 -14,095 4,092 -13,388 9,512 12.000 3,450 95 565 -3,450 -95 -1,979 1.600 17.187 43.410 -38,900 21,697 Total 2025 77 298,539 101,466 Page 13
GREENTOP COMMUNITY CIRCUS CENTRE LTD Notes to the flnan¢ial statements lor the yoar •ndod 318t Decombor 2025 10. Slatemenl of funds Op•ning Incomlng Expended Closlng 01.01.2024 rMource8 Re8ourc8• Transfer8 31.12.2024 Unrestrlct•d fund8 General funds 81.511 81,511 199.514 199,514 -220,763 -220 763 60,262 60,262 Restrlctod fund8 Neighbourh¢)(>d Troupe Spectrum Circus AP Grow Bursary fund Audience Development Project Grimesthorpe Neighbourhood Circus Low Cafbon Project 1943 18,000 -1553 -5.912 -1.445 -6,904 -1,900 40 -21,205 -19,302 -12,862 390 12,595 92 507 1,537 6,904 1,900 40 3,450 21,300 19.867 3.450 95 565 3,984 84,325 17,188 Total 2024 85,496 283,839 -291.885 77 There were no transfer of funds during the Fefic4J of these accounts. Descrlptlon of funds Neighbourhood Circus.. Our free neighbourhood youth Circus for local young people Troupe. Promotion, audition. planning and selection for the 2025 production by our Youth perfomance Company Spe¢trLbm Circus.. our programme for young people with autism for tsvo different age groups Circus Alternative Programme.. Feasibility study lo assess the viability of the UICS first circus Alternative education programme for young people excluded from school in partnership with EndeavoLAr training. Grow.. the final arti$l bursary of the artist development programm8 Bursary fund.. Greenlop's scheme to enable participation of those who 0th8rwise would not be able lo take part Data Driven ALtdience project.. Arts Council England supported organisation development project to improve data systems and gain insights on cUrn1 audience to inform marketing and grow a more inclusive audience Grimeslhorpe Neighbourhood Cir¢us'. Programme of cir¢us Grealion and parliGipation for local people to promote wellbeing and celebration. Low Cartjon Community and Culture PToject.' Carbon reduction through Installation of destratffi¢ation fans and more effective he8ting system Circus After School.. development project lo take extended programmes to after school dubs in deprived areas. 11. Analys18 of not •s•ots botwgen funds Unr88trlcted Re8trlct•d Funds Funds Total 2025 Tangible fixed assets Current assets Current liabilit 18,294 84,254 -22,780 18,294 105,951 -22,780 101,466 21.898 21.698 Page 14
GREENTOP COIIJMUNITY CIRCUS CENTRE LTD Notes to the flnanclal 8tatements for the year gndgd 3181 De¢omb•r 2023 11. Analys1• of not a88ets funds UnreJtrlctod Re8trlcted Fund8 Fund8 Total 2024 Tangible fixed 8s$ets Current assets Current liabilitios 20,503 55,336 20,503 72.524 -15,577 17.188 17,188 12. P•n•lon commftments The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those ot the company in an independently administered fvnd. The p8n8ion cost charge represents contributions payable by the company to the fund and amounted lo £2,42512024'. £2,416). 13. Membor•' Ilablllty The charity is a company Ilmiled by guarantee. The members of the company are the Trustees named o page 1. In the event of the charity being wound up, the liability in 9pt of the guarantse is limited to £1 per member of the ¢harlty. 14. Rol•t•d party tran8aetlon• Duiing the year. the charity purchased servic&s totalling £0 12024.. £2,011) from buslnasses owned by Iruslees. All such transactions were conducted under nonnal market condltions. Page 15