Company registration number: 03450828
Charity registration number.. 1066582
Wickham Theatre Trust
IA company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 December 2024
Field Sullivan Limited
9 Hare & Billet
Blackheath
SE3 ORB

Wickham Theatre Trust
Contents
Reference and Administrative Details
Trustees, Report
2to7
Independent Examiner's Report
8t09
Statement of Financial Activitie5
io
Balance Sheet
li
Notes to the Financial Statements
12to22

Wickham Theatre Trust
Reference and Administrative Details
Trustees
Rob Chambers
Alice Rose Foster
Laura Gamble
Paul Newton
Diana Quinn
Vincent Quinn
Pauline Wathen
Secretary
Pauline Wathen
Charity Registration Number
1066582
Company Registration Number
03450828
The charity is incorporated in England & Wales.
Wickham Theatre Centre
Corkscrew Hill
West Wickham
Kent
BR4 98A
Registered Office
Independent Examiner
Field Sullivan Limited
9 Hare & Billet
Blackheath
5E3 ORB
Page I

Wickham Theatre Trust
Trustees, Report
INTRODUCTION
As Chair of the Board of Trustees, l am pleased to present this, the 27th Annual Report of the Trustees which
covers all the activities and affairs of the Trust (other than financial matters. reported separately) for the period I
January 2024 to 31 December 2024.
There will be an opportunity at the meeting to ask questions or to initiate discussion on matters reported on or
raised in this Report.
This is a director5, report required by Section 417 of the Companies Act 2006 and all trustees are directois. The
financial statements comply with all current statutory requirements and the requirements of the Memorandum
and Articles of Association.
Governing Document Objective5
Wickham Theatre Trust is a registered Charity and is also incorporated a5 a Limited Company. It 15 governed by its
Memorandum and Articles of Association where the objective5 are the same as those Set out in its charity
registration and are the advancement of education in relation to all aspects of the dramatic art and the
development of public appreciation of such art.
The Trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when
reviewing and shaping the charity's aims and objectives for the year and planning future activities. The charity
works to ensure that its policies continue to meet these objectives.
Appointment of Trustees
Trustees of the Charity are also directors of the company and are generally referred to as trustees in this report.
Directors are appointed under the terms of the Articles of Association. Members are invited by way of the AGM
notice to nominate Trustees prior to the AGM, The Board of TrLFStees has the power to co-opt new Trustees either
to fill casual vacancies or make new appointments, but not so as to exceed the maximum allowed by the Articles of
Association.
Management
The Board of Trustees has overall responsibility for the management of the charity, there are no paid employees,
and the charity runs with the assistance of the many volunteers drawn from its membership.
BOARD OF TRUSTEES
Following our AGM on 9th June 2024 held at the clubhouse one additional Trustee was elected, Alice F05ter. Janet
Clark was not eligible for re-election to the position of Tiustee, as she had completed nine consecutive years. The
seven Tru5tee5 agreed unanimously to co-opt Janet as Honorary Chair. Lynne Craig resigned the position of Trustee
in October 2024.
One third of our trustees are required to stand down each year. At this AGM those standing down are:
Diana Quinn - not available for re-election
Page 2

Wickham Theatre Trust
Trustees, Report
Paul Newton- not available for re-election
ARTISTIC ACTIVITY
In 2024, Theatre62 delivered an ambitious and Successful full season of f ive productions. We opened with A Tomb
with u Viewin Februaryi followed by Lord Arthur Savile's Crimein April, Entertaining Angelsin July, Funny Moneyin
September, and concluded with Around the World in 80 Daysin December. Our April production, Lord Arthur
Sovile's Crime, was our entry for the Kent Drama Association festival, earning a glowing critique, a Best Supporting
Actor nomination, and an Award for Costumes. Audience attendance soared, consistently exceeding 90/0 capacity,
with several sold-out performances, reflecting the growing appreciation for the hiEh-quality productions we
continue to offer.
CONTRIBUTING TO THE COMMUNITY
Our clubhouse is a useful space for the local community, and available at a significantly lower cost than most other
local facilities, Whilst we are primarily committed to producing our own high quality amateur theatre it is
heartening to see other groups using the building to pursue their own artistic aims.
During 2024 the following groups regularly used Wickham Theatre Centre:
WWOS https.'//www.wwos.online
Dramalab https'./ldramalabuk.wordpress.comlworkshop-info/
Quest https;//www.quest50ultheatre.co.uk/
Carefree Singer5 https://www.facebook,com/group51346276618795964
During 2024
we
have
also
developed
relationship
with
Social
Cinema
Bromley
Ihttps'.//www.socialcinemabromley.co.ukl. This group aims to "tackle loneliness and social i501ation, one movie at
a time" Our first joint venture was a screening of the 1952 classic The Holly And The Ivy just before Christmas. and
we are pleased to say that we have regular screenings scheduled throughout 2025, and a short film festival in July.
We also have occasional bookings from individual members for space to hold social eventsi pursue artistic hobbies
and support small businesses.
MEMBERSHIP
It is with great sadness that I have to report the death of three members during the year.,
John Heather
Polly Hart
Muriel Kidd
Page 3

Wickham Theatre Trust
Trustees, Report
Our total membership at the end of 2024 wa5 217, down slightly on 2023, and we remain well-short of the figure
of around 300 that we had pre~Covid. Since the decision at the 2023 AGM to accept no further new 'Friends'
memberships the proportion of'Full' and 'Friends' amongst our members has changed. In 2023 around 33°A of our
members were Friends, now this number is 26Y.. We are grateful to those Friends who have transferred to a Full
membership, and hope that more will do so at future membership renewal dates.
MARKETING
Our Social media pages have gone from strength to strength in 2024, with our number of "followers" rising by 300
across both Facebook and Instagram, compared to our previous year. Posts and reels are now reaching up to
10,000 people, which 15 an increase of 281 / from 2022; Our followers are split into 70Q/o female and 300/0 male,
with the large majority being in the 55+ age category and mostly from the Bromley area, although we've had some
"hits" as far as Spain and vietnam.our social media pages continue to engage the local community and have
gained us valuable audience members and volunteers. This channel allows us to easily connect and interact with
our patrons, deal with feedback and reviews, and also helps us build authenticity. In 2024, the average internet
user spends 4 hours per day online, with much of that on social media sites. Almost 80% of people then make
purchases Ilike ticketsll based on online or social media advertisements. Our theatre's pages are still a work in
progress, and it is the plan to boost our profile even higher for the coming seasons. This could involve more video
content and more interaction with our audience member5 and the local communitv.
LIThLE THEATRE GUILD
Theatre 62 is a member of the Little Theatre Guild ILTGI which now comprises of around 125 member theatre5
throughout the UK. The LTG acts as a co-ordinating body for the development of independent amateur theatre and
to lobby on their behalf, on matters of national interest, such as legislation, taxation, charity status, licensing,
sponsorship, insurance and royalties.
One of the casualties during and since the Pandemic has been the lack of confidence in coming forward to both
host and attend conferences, and the 2024 Conference and AGM at Sutton Arts Theatre, Sutton Coldfield was
organised at very short notice. At the AGM, chairmanship of the LTG was handed over to Nick Morley from the
Corn Exchange in South Oxfordshire.
The LTG is now back on track and has potential venues for the next 5 National conferences and for all regional
conferences in 2025. The LTG is also planning to hold Relationship Meetings around the regions in 2025 to
exchange ideas and discuss any problems, experiences and standards.
The LTG has been contributing to a research project on community theatres undertaken by Helen Nicholson,
Professor of Theatre and performance, Royal Holloway, University of London. In 2025 Helen will be working with
Professor Anne-marie Greene {University of York) and the Criterion Theatre in Coventry to explore practical ways
in which LTG theatres might Ihclude people from communities who may not be fully represented at their local
theatres.
BROMLEY THEATRE GUILD
Although not during 2024, the Trustees want to report to the membership that the Bromley Theatre Guild is being
wound up following a General Meeting in January 2025.
Page 4

Wickham Theatre Trust
Trustees, Report
FINANCE
Wickham Theatre Trust remains financially stable with income being just over £8,000 more than expenditure for
the year 2024. This unexpected increase was due to all income sources being greater than budgeted for1£6,764
more than budgeted) and expenditure £8,000 less than expected as building improvements and increased storage
were rescheduled to 2025 so there was no need to transfer funds from the saving account during 2024.
A donation wa5 received from the West Wickham Residents Association which has funded the new hand driers in
the toilets, also a donation from the Carefree Singers. A donation of £1,000 was received as a legacy from the
estate of Primrose Smith who passed away in 2023, Primrose and her husband were local residents who attended
all our shows.
To give an idèa of the Trust's f inancial commitments, last year it cost £22,500 just to occupy the building. The
highest individual costs are just over £5,000 for rent and over £5,000 each for insurance and utilities (gas, electric,
water and wastel. Gas and electricity contracts are coming up for renewal and it is anticipated that there will be
significant increase in these costs. The budget for 2025 has expenditure of £44,400 which includes £15,000 for
building improvements and increased storage which will be funded primarily from the savinE5 account. The charity
reseryes at the year end were £92,21012023.' £88,784) all of which were unrestricted.
Our formal accounts for 2024 are available for discussion at this meeting.
SUMMARY
It doesn't seem like a year has gone by since my last reportl As the saying goe5 'Time flies when you're having
fun" and we certainly have fun at Theatre62.
We offered our audiences productions throughout the year, and the addition of a Sunday matinee at the start of
each run was well received and well attended. This means that we now have seven performances for each
production. Wickham Theatre Centre is also well used by other local groLtP5 including WWOS, Quest, Dramalab,
Carefree Singers and a Whist club, Towards the end of 2024 Dramalab began monthly adult drama workshops
alongside their weekly workshops for 7 to 18 year olds, and WTT is supporting Social Cinema Bromley who have
monthly screenings at WTC. Not strictly within this reporting period but during 2025 Quest have expanded their
offerings at WTC by including a variety of workshops including Script writing and Dungeons & Dragonsl Social
Cinema Bromley also have a summer film festival in July 2025 in addition to their monthly screening5.
All of this is good new5 for and the community of West Wickham but doe5 of course add to the maintenance
demands for our wonderful clubhouse. Some of this maintenance needs to be done by professionals with the
associated costs, but I know that a great deal is also done by volunteer members who 'get on with the job, for no
acknowledgement or reward. I know you've all heard this before, but we are always looking for oxtra help with a
variety of tasks so please let us know if you have time to support your club. You don't have to wait to be asked -
Pauline is happy to get together a list of people and skills so please contact her to let her know what you're good at
or what you'd like to have a go at!
My personal thank5 tnust EO to the Board of Wickham Theatre Trust who all contribute to keeping wrr, wrc and
Theatre62 going. Also, special mentions should be made to..
Jon Lewis for maintaining our IT connectivity and providing technical support to Trustees when "something's gone
wrong with my computer again"
Page 5

Wickham Theatre Trust
Trustees, Report
Stuart Scott who keep5 our website updated,
Laura Chambers for increasing our social media presence,
Carole Pope for producing our monthly newsletter Prompt,
Vincent Quinn who continues to clean our public areas,
Nikki Packham for quietly providing excellent raffles for our shows,
Linda and Nigel Gardner for making sure our audiences have tea, coffee, biscuits and ice creams, and
lan Evans for stepping in to provide help and 5UPPOrt wherever and whenever he sees it is needed.
I would also like to take this opportunity to thank Pauline our secretary who takes on a mountain of work, and to
lan Wathen our treasurer who keeps the finances in order and manages all the hall bookings.
It has been my pleasure to be the Honorary Chair of Wickham Theatre Trust and thank you all for your help and
support,
Janet Clark
Honorary Chair
Trustee5 and officers
The trustees and officers serving during the year and since the year end were as follow5..
Trustees..
Rob Chambers
Janet Clark (Resigned l June 20241
Lynne Craig (Resigned l October 20241
Alice Rose Foster (appointed 9 June 20241
Laura Gamble
Paul Newton
Diana Quinn
Vincent Quinn
Pauline Wathen
Secretary..
Pauline Wathen
Page 6

Wickham Theatre Trust
Trustees, Repoit
Statement of Responsibilities {within Trustees Report)
The trustees (who are also the directors of Wickham Theatre Trust for the purposes of company lawl are
responsible for preparing the trustees, report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS
102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statements for each financial year. Under company law the
trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of
the state of affairs of the charitable company and of the incoming resources and application of resource5, incltjding
its income and expenditure, of the charitable company for that period. In preparing these financial statements, the
trustees are required to..
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent,.
state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any
material departures disclosed and explained in the financial statements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006, They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included
on the charitable company's website. Legislation governing the preparation and dissemination of financial
Statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on l May 2025 and signed on its behalf by:
Pauline Wathen
Company Secretary and Trustee
Page 7

Wickham Theatre Trust
Independent Examiner's Report to the trustees of Wickham Theatre Trust ('the Company,)
I report to the charity trustees (who are also Directors for the purpose of company lawl on my examination of the
accounts of the Wickham Theatre Trust I'the charitable company'l for the year ended 31 December 2024 which
comprise the Statement of Financial Activities, the Balance Sheet and related notes 10 to 22.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act
2011. My work has been undertaken so that I might state to the charity's trustees those matters l am required to
statè to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or
assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this
report, or for the opinions I have formed.
Re5ponsibilitie5 and basis of report
As the charity's trustees of Wickham Theatre Trust you are responsible for the preparation of the accounts in
accordance with the requirements of the Companies Act 20061'the 2006 Act'}.
Having satisfied myself that the accounts of Wickham Theatre Trust are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your
charity's accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out mv
examination I have followed the Directions given by the Charity Commission under section 14515llb} of the 2011
Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and
consequently does not cover all the matters that an auditor considers in giving their opinion on the financial
statements. The planning and conduct of an audit goes beyond the limited assurance that an independent
examination can provide. Consequently l express no opinion as to whether the financial statements present a 'true
and fairf view and my report is limited to those specific matters set out in the independent examiner's statement.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
l. accounting records were not kept in respect of Wickham Theatre Trust as required by section 386 of the 2006
Act; or
2. the accounts do not accord with those records,. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a 'true and fair view, which 15 not a matter considered as part of an
independent examination,. or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 8

Wickham Theatre Trust
Independent Examiner's Report to the trustees of Wickham Theatre Trust {'the Company,)
Tim Sullivan FCA
Field Sullivan Limited
9 Hare & Billet
Blackheath
SE3 ORB
Page 9

Wickham Theatre Trust
Statement of Financial Activities for the Year Ended 31 December 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
Total
2024
Unrestricted
Note
Income and Endowments from:
Donations and legacies
Charitable activitie5
4,795
29,396
14,737
718
4,795
29,396
14,737
718
Other trading activities
Investment income
Total income
49,646
49,646
Expenditure on:
Raising funds
Charitable activities
{18,3521
{28,5491
118,3521
{28,5491
Total expenditure
146,9011
146,9011
Net incomellexpenditurel
2,745
2,745
Other recognised gains and losses
Other gains/losses
591
591
Net movement in funds
3,336
3,336
Reconciliatlon of fund5
Total funds brought forward
88,784
88,784
Total funds carried forward
20
92,120
92,120
The notes on pages 12 to 22 form an integral part of these financial statements.
Page 10

Wickham Theatre Trust
(Registration number: 03450828)
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixed assets
Tangible assets
14
9,640
19,296
Current assets
Stocks
16
1,000
1,282
8,003
74.479
1,227
1,282
7,412
61,395
Debtors
17
Investments
15
Cash at bank and in hand
84,764
71,316
Creditors: Amounts falling due within oneyear
18
12,2841
11,8281
Net current assets
82,480
69,488
Net assets
92,120
88,784
Funds of the charity:
Unrestricted income funds
Unrestricted funds
92,120
88,784
Total fund5
20
92,120
88,784
For the financial year ending 31 December 2024 the charity was entitled to exemption f rom audit under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the charity to obtain an audit of its accounts for the year in question in
accordance with section 476. and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and the preparation of accounts.
The financial statements on pages 10 to 22 were approved by the trustees, and authorised for issue on l May 2025
and signed on their behalf bv..
Pauline Wathen
Company Secretary and Trustee
The notes on pages 12 to 22 form an integral part of these financial statements.
Pagell

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
I Charity statu5
The charity is limited by guarantee, incorporated in England & Wales, and consequently does not have share
capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in
the event of liquidation.
The address of its registered office 15..
Wickham Theatre Centre
Corkscrew Hill
West Wickham
Kent
BR4 9BA
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These
policies have been con51Stently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191
Icharities SORP IFRS 1021- Second edition October 20191, the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Wickham Theatre Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy
notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going
concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Page 12

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
Judgements and key sources of estlmation uncertainty
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources.
The estimate5 and associated assumption5 are based on historical experience and other factors that are
considered to be relevant. Actual results may differ f rom these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates
are recognised in the periods in which the estimate is revised where revision5 affects only that period, or in the
period of the revision and future periods where the revisions affects both current and future periods.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be
received and the amount of the income receivable can be measured reliably.
Donations and legucies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In
the event that a donation is subject to conditions that require a level of performance by the charity before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully
met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these
conditions will be fulfilled in the reporting period,
DeAerred Income
Deferred income represents amounts received for future periods and is released to incoming resources in the
period for which, it has been received. Such income is only deferred when:
The donor Specifies that the grant or donation must only be used in future accounting periods,. or
The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Investment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend
due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with the use of resources, with central staff
cost5 allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs,
Raisingfund5
These are costs incurred in attracting voluntary income, the management of investments and those incurred in
trading activitie5 that raise funds.
Page 13

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
Charitoble a¢tivitle5
Charitable expenditure comprises those costs incurred by the charity in the delivery of its attivities and services for
its beneficiaries. It incllrdes both costs that can be allocated directly to such activities and those costs of an indirect
nature necessary to support them.
Support costs
Support costs include central functions and have beer) allocated to activity cost categories on a basis consistent
with the use of resources, for example, allocating property cost5 by floor areas, or per capita, staff costs by the
time spent and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore
it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is
potentially exempt from taxation in respect of income or capital gains received within categories covered by
Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to
the extent that such income or gains are applied exclusively to charitable purposes,
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, le55 any subsequent accumulated
depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual
value, over their expected useful economic life as follows.,
Asset class
Land and building
Furniture and equipment
Depreciation method and rate
over life of lease, expiring 31-12-2025
25% on c05t
Current asset investments
Current asset investments are included at the lower of cost and net realisable value / market value.
Stock
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for
obsolete and slow moving stocks. Cost is determined using the first-in, f irst-out IFIFOI.
Page 14

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course
of business.
Trade debtors are recogni5ed initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors
is established when there is objective evidence that the charity will not be able to collect all amounts due
according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments
that are readily convertible to a known amount of cash and are subject to an insignif icant risk of change in value.
Borrowings
Interest-bearing borrowing5 are initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of
transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial
Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and
similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of
the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
3 Income from donations and legacies
Unrestricted
Total
2024
Total
2023
General
Donations and legacies.
Appeals and donations
Subscriptions
1,574
3,221
1,574
3,221
10,000
3,412
4,795
4,795
13,412
Page 15

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
4 Income from charitable activities
Unrestricted
Total
2024
Total
2023
General
Production income
24,841
4,555
24,841
4,555
14,225
3,720
Hall letting5
29,396
29,396
17,945
5 Income from other trading activities
Unrestricted
Total
2024
Total
2023
General
Events income;
Functions and fundraising events
Bartaking
2,058
12,679
2,058
12,679
1,788
10.332
14,737
14,737
12,120
6 Investment income
Unrestricted
Total
2024
Total
2023
General
Interest receivable and similar income;
Interest receivable on bank deposits
718
718
255
Page 16

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
7 Expenditure on raislng funds
a) Costs of generating donations and legacle5
Total
2024
Total
2023
Opening stock
Purchases
1,227
4,057
{I,000}
8,960
5,108
979
3,517
11,227}
5,912
4,884
Closing stock
Cost of productions
Insurance
18,352
14,065
8 Expenditure on charitable actlvlties
Unrestricted
Total
2024
Total
2023
Designated
General
Note
Fundraising costs
Rent
50
50
1,106
5,128
807
5,128
597
5,128
597
Rates and water
Light, heat and power
Licence fee and
subscriptions
Repairs and maintenance
Depreciation
Support costs
4,156
4,156
2,639
459
459
1,535
4,470
9,656
5,672
3,800
5,157
4,702
3,800
9,657
4,702
4,500
4,500
24,049
28,549
31,013
Page 17

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
9 Analysis of governance and support costs
Support costs
Unrestricted
funds
General
Total
2024
Total
2023
Security
Telephone and web server
Printing, postage and stationerv
Sundries
1,504
796
1,504
796
2,721
814
164
448
448
316
Independent examiner's fee
Bank charges
1,620
334
1,620
334
1,398
259
4,702
4,702
5,672
10 Net incoming/outgoing resources
Net incoming/loutgoingl resources for the year include:
2024
2023
Depreciation of f ixed asset5
9,657
9,656
11 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the
year,
No trustees have received any reimbursed expense5 or any other benef its from the charity during the year.
12 Taxation
The charity is a registered charity and 15 therefore exempt from taxation.
13 Related party transactions
There were no related party transaction5 in the year.
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Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
14 Tanglble fixed assets
Land and
buildings
Furniture and
equipment
Total
Cost
At l January 2024
93,653
18,253
111,906
At 310ecember 2024
93,653
18,253
111,906
Depreciation
At l January 2024
Charge for the year
76,382
8,633
16,227
1,024
92,609
9,657
At 31 December 2024
85,015
17.251
102,266
Net book value
At 31 December 2024
8,638
1,002
9,640
At 31 December 2023
17,271
2,026
19,297
15 Current asset investments
2024
2023
Listed other share5
8,003
7,412
16 Stock
2024
2023
Stocks
1,000
1,227
17 Debtors
2024
2023
Prepayments
1,282
1.282
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Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
18 Creditors: amounts falllng due within one year
2024
2023
Accruals
1,440
844
1,398
430
Deferred income
2,284
1,828
19 Contlngent Ilabilities
Whilst the lease terms between the charity IwThi and the trustees of the West Wickham Playing Fields Trust Ithe
landlord) in respect of the the theatre premises provide for the Landlord to be responsible for the upkeep and
maintenance of the car parking area forming part of the Charity's leased area, the lease provision does allow
Landlord to seek a contribution towards the costs involved. Given the current poor state of the parking area W
has opened discussions with the Landlord regarding future improvements and therefore at some stage it is
possible that will be called on to make a due contribution, At this stage no commitment5, either side, have
been made, but w￿'S commitee consider it reasonable to draw members, attention that a contingent liability
does exist and could materialise during the next 12 to 24 months. The annual commitments under this lease was
£5,12812023- £5,128).
20 Funds
Balance at
31
Balance at
l January
2024
Other
recognised December
Transfers gains/(losse5)
Incoming
re50uYces
Resources
expended
2024
Current year
Unrestricted
General Funds
71,514
17,270
49,646
142,4011
14,5001
591
79,350
12,770
Designated Funds
Total funds
88,784
49,646
146,9011
591
92,120
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Wickham Theatre Trust
Notes to the Flnancial Statements for the Year Ended 31 December 2024
Balance at
other
31
recognised December
Transfers gainsl{losses)
2023
Balance at
l January
2023
Incoming
resources
Resources
expended
Prior year
Unrestrlcted
General Funds
76,144
13,504
43,732
136,4461
18,6321
{12,3981
12,398
482
71,514
17,270
Designated Funds
Total funds
89,648
43,732
145,0781
482
88,784
The specific purposes for which the funds are to be applied are as follows:
Designated Funds
Leasehold building fund.. Trustees have set aside an amount equal to the cost of the leasehold building as a
designated fund. All amount equal to the depreciation charge on all building costs is charged to this fund annually.
Page 21

Wickham Theatre Trust
Notes to the Financial Statements for the Year Ended 31 December 2024
21 Analysis of net assets between funds
Unrestricted
General
Designated
Total f unds
Curyent year
Tangible f ixed a55ets
Current a55ets
13,1301
84,764
12,2841
12,770
9,640
84,764
12,284}
Current liabilities
Total net assets
79,350
12,770
92,120
Unrestricted
General
Designated
Total funds
Prior year
Tangible fixed assets
Current assets
2,026
71,316
11,8281
17,270
19,296
71,316
11,8281
Current liabilities
Total net assets
71,514
17,270
88,784
Page 22