Compony re8lStratitsn number.. 03450828 Charity registratlon number= 1066582 Wickham Theatre Trust IA company limited by guarantee) Annual Report and Firtanclal Statements for the Year Ended 31 December 2025 Fleld Sullivan Limited 9 Hare & Billet Blackheath SE3 ORB
Wickham Theatre Trust Contents Reference and Administrative Details Tru5tees' Report 2to8 Independent Examiner's Report 9tolO Statement of Financial Acts'vities li 8alaTrce Sheet 12 Notes tothe Finanual Ststements 13to22
Wickham Theatre Trust Reference and Administrative Detsils Trustees Laura Chambers Rob Chambers Janet Clark ice Rose Foster Kevin Gauntlett Vincent Quinn Slvart Scott Pauline Wathen Se¢retsry Pauline Wathen Charlty Registr¥tit)n Number 1066582 t•mpany Rq8istration Number 034SO828 The charlty15 incorporated in England & Wales. Wickham Thèatre Centfe Corkscrew Hill West Wickham Kent BR4 9BA Reered OtrKe Independent Examlner Field Sullivan Limited 9 Hare & Billèt Blatkheath SE3 ORB Page I
Wlckham Theatre Trust Tru5tees' Report INTRODUCTION As Chair of the Board of Trustees, l am pleased to present thi5. the 28th Anftual Report of the TTU5tees which Cove all the activities and affairs of the Trust lother than financial matters, reportetl separately) for the period l January 2025 to 31 Dember 2025. There will be an opportunity at the meeting to ask questlons or to initiate discussion on matters rewted on or raised in this Report. This is a directors, report required by Seetion 417 of the Companies Act 2006 and all trustees are directors. The financtal 5tatement5 comply with all current statutory requlrements and the requirements of the Memorandum and Articles 91 Assoclation. Governln8 Iyotyment Oblèrtl¥es Wickham Theatre Trust is a registered Charfty and is also Intorporated as a Limited Company. It IS governed by its Memorandurn and Articles of Association where the objectives are the same as those set out in its charity registratlon and are the adVanMent ol education in relatSon to a11 aspects of the dramatic wt and the development of public appreuation of such art. The Trustees confirm that they have referred to the Charity Commission's general 8uidance on public benefit when reviewing and shaping the charitWs aims and objertives for the year and planning future actFVlties. The charity works to ensure that its pollcies continue to mttt these objective5. Appolntmentof Trustees Trustees of the Charity are also dIreCrS of thè company and are generally referred to as trustees In this feport. Director5 are appointed under the terms of the Articles of A5$9riation. MÈmbers are Snvlted by way of the AGM notice to nominate Trustees prior to the AGM. The 8oar(l of Trustees has the power to co-opt new Trustees either to lill casual vacanties or make new appointments, but not so as to exceed the maximum allowed by the Articles of As51Kiation. Manalemernt The Board of Trustees has overall responsibllity for the Maagement of the tharity, there are no paid employees. and the ¢harlty runs with the assistsnce of the manyvolunteers drawn from its mernbership. bOARDOF TRLISTEES Following our AGM on 8th June 2024 held at the elubhouse two additionèl Trustees were elected, Kevin Gauntlett and Stuart Scott. Diana Quinn and P1 Newton both retlred by lotation and neither wa5 available for re-dection. One third of ourtrustees are required to stsnd down each year. At this AGM those standing down are: Pauline Wathen- available lor re-elertion Laura Chambers- availabl* for re-election Page 2
Wlckham Theatre Tt Trustees. Report ARTISTICAcnvirY In 2025. Theatre 62 delivered an ambitious and successful season of four productions. We opened with A 8unth Of Amateurs in Awil, followed by an Interartive Murder Mystery= Sinnin8 At The Twiming (with light supper provided) in June, Gas1i8ht followed in September and the year coniluded with Key For Two in December. Audience attendante soared. and 3 shows sold-out, refletting the growln8 appreciation for the hi8h-quality productlons we ctsntinue to offer. As I Wflte this. our flrst show of 2026, Agatha Christie's Black Coffee has sold out all but two ni8hts. with audiences clamouring for the last few tickets. 2026 looks to be just as successful, and here's to many more. CORIBUTING TO ThE COMMUNITY Our tlubhouse is a wonderful spate for the local comrnunity, and avallable at a si8nificantly lower cost thon most other local facilities. Wickham Theatre Centre has a large hall. lully equipped kitchen. bar and garden available, along with plenty of free parking and a bus stop right outsldel Whilst we are primafily committed to producin8 gur Imn high quality amateur theatre it is heartening to see other 8roups using the buildin8 to pursue their own lrtislic aims. Duri 2025 the followin8 8roups regularfy used Wickham Theatre Centre.. WWOS htt .wwos.onliThe 2025 saw their productions of 5pomolot and Sweeney Todd.. the Demon 8urber ctf Fleet Street at the Churthill theatre in Bromley followin8 rehearsals at Wickham Theatre Centre. info Dnmalabhtt dramalabuk.word ess.com orksho Dramalab has introduced very popular and su¢cessfvl monthly adult workshops this year. qu•rt hti Following small beginnings at Wickham Theztre Centre, Quest Soul Theatre now has three re8ular weekly workshop5 across Bromley as well as workin8 alongside a variety of other wellbeinB group5 in the borough. Mercedes Yeadey, the founder and CEO of Quest Soul Theatre. won two awards at the Bromley Above & Beyond Busines5 Awards for 2025. beating names like the Churchill Theatre in the Best Creative, Growth or InallOn category and London South East Colleges in the Best Social Impact cate80ry. Many con8ratulatiorbsI 6276618795964 e5tsoultheatre.co.uk CarÈfre• Singers htt The Carefree Singers have used Wickham Theatre Centre thrtsu8hout 2025, as a sp¥e for rehearsal and community. They were at the core ol our summer event for all users of Wickham Theatre Centre and continue to entertain and sUPPOrt tharitTres across the borough and beyond. w.f3tebook. ou During 2025 Contlnued to develop our positive relationship with Social Clnetha Brom¥ .socialcinemabromle o.uk _ There were four Friday evening screenln8s during the year and a very successful three-day film festlval in July attènded by over 100 people. intludin8 the Mayor DI Bfomley. we 2025 also saw the introductlon of regular"Dungeons and Dra8ons" events held in the bar. We also have occasional bogking5 from indNidual members for space to hdd soaal events. pursue arti5ti¢ hobbies and support small businesses. Pa8e 3
Wlckham Theatre Trust Trustees, Report MEMBERSHIP It LE wilh 8reat sadnes5 that I have to report the death ol three members during the year: Peter Vetterlein Chris Colcutt Penny Vettertein Our total rnèmbership remains stable from 2024 at around 230, however this Is still far shori ol prtrcowd levels. MARKETING Our social rnediè pages have gone from stren to strèngth in 2025, with our number of follower5 ri5in8 bv 35% across both Facebook and Insta8ram, compared to our previous year. Posts and reels are now reaching up to 11.OCQ people, which is an increase of 150% from 2024. Our followers are S11 Into 80% female and 20% male. wth the large malorlty belng in the 55+ age category and mostly from the Bromley area, zlthou8h we've had Some-h1 as far as Spain and Vietnarn. Our social media pages continue to engage the local community and have gained u5 valuable audience members and volunteers. This channel allow5 US to easily connect and interact with Dur patrons, deal wlth feedback and reviews, and helps us build authenticity. In 2025, the avera8e intemet user spends 4 hours per day online, with much of that tsn social medla sites. Almost 80% of people then rnake purchases Ilike ticket 11 based on onllne or50cial media advertisements. Our theatrds p4es are still a work In progress. and it 15 the plan to boost our profile even hi8her for the coming seasons with a new website (hopefully already launched by the time this goes to printll This website 15 set to involve more video content and more interactioTh with our audience members and the local community. with an exdusive memberfs section wlth perks of membership. and hopefully something interactive lor the end of the year rundown. LIle THEATRE GUILD {Irom Janet Eddenl Theatre 62 is a memb¥ of the Little Theatre Guild comprising of 127 member theatres throughout the UK. The LTG acts as a to-ordinatlng body for the development ol independent amaleur theatre, lobbyin4 on their behaw on matters of national Interest, suth as legislation, taxation, chortty status. licensin& sponsorshlp, in5ufdnce and royalties. The LTG organised 3 regional relationship meetin85 in 2025 to enable member theatres to meet up with reprèsentstives from the Naiional Committee, hear the latest news and discuss matters of interest that had been raised before the meetings. On 8th March 2025 1 attended the Southern Region meeting hosted by the Oa5t Theatre. Tonbrld8e. Subjects under discussion intluded fundraisin& cashless operation. theatre management structures, legis13tive changes. and younger adults, involvement in the running of theatres. On Saturday 4th QctobÈr l attended the LTG Southern Conference 2025, hostÉd by the Cotswold Players at the Cotswold Plèyhouse. Jessica Swale, Patron the of LTG, spoke at the conferénte wving a background to her work. There were presentations OA Health and Safety requirements and on Safeguarding. On 21 November 2025, Janet Clarl Stuart S¢ott and I welcomed Nick Morley ILTG Chalrl and Jo Matthews ILTG Formerchairl toTheatre 62 to 8ive them a tour of the premises. PaBe 4
Wickham Theatre Trust Trustees, Report FINANCE Wickharn Theatfe Trust IwfTI remains financially stable despite outgoin85 beln8 around £3.6 more than intome for the year. Donations of alm95t £600 were received. including a generous £445 from Langley Park Rotary Club who use Wickham Theatre Centre for some of thear social and fund-raisin8 events. At the end of 2025 had a total of just over £70.000 in the maln and 5a¥Sngs atcounts. Planned expendlture on bulldln8 improvements of £19.000 was duced to lust over £7,C<JO as creating additional storage space has been put on hold pending clearin8 out of all existln8 Storage are35. along with other potential improvements shelve£S. 8uildin8 improvements 5uccessfvlly carried out were replacin8 wooden cladding on the external wall to the main car park that was rotting at the bottom with plastic tladdin8 that will not require maintenance and adding a layer of addition?1 claddin8 to the Bowls Uub car parkwall. Show surplus for the year was £10.525, bar surplus £8,631 and hall hire income £4.720, all in Ilne with antitipated income but substription income of just over £2.500 was £1,0 less than antiopated. Raffle and refreshment surplus wès £2,271 so many thanks to the raffle and refreshment or8anisers and voltsnteersl RenL insurance, securlty, waste. moblle and internet, Business Rates and licence costs were all in lTrne with anticipated tosts, but utility bills were £3,360 hi8her than the budgeted £5,000 due to increased gas and elettr¢city costs. Utility contracts are due for renewal in 2026. and price Increases ale experted so £10500 has been budgeted for 2026. Anticipated costs for 2026 are just under £32,C4)O up from £25,5CiI in 2025, the main costs being £11,700 for utilitie518as, elertric, water and wastel. £4,000 lor building maintenance and cleaning. E5,350 for insurance, £5.2(X) lor rent, £1.400 for securlty, £1.500 for independent accountant lees and £1,200 for business rates and linCeS. lThcome from the sale of show ticket5, membership subscriptions. hall hire, bar and refreshment sales surplus and raffles should just about tover these basic running c05t5. To raise additional funds without having to signiflcantly increase membership lees or ticket prices it is hoped that fundraisin8 social events will be organised. Please support these events so that we can keep Wlckham Theatre Trust and Theatre 62 up and runnln& Our formal accountsfor 2025 are available for discussion at this meeting. SUMMARY Another year gone alreadyl Whèt to say? Wickham Theatre Trust and Theaire62 continue to delwer adivltles in 5UPPOrt ol our long-e5tablished object Yhe advancement of education in relation to all aspects of the dramatic art and the devek)pment ol public appreciation of such arf, and to enable other local groups with similar ambitions to progress their own aim5. Your Trustees are pleased that Thèatfe62 continues to provide high quality amateur theatre and that we facilitate the use of Wickham Theatre CÈntre by othercommunity-focussed 8rovps. The Introduction ot a sevènth performance per run ol Theatre62 productions has been welcomed. with most shows in 2025 bein8complete sell-outs. As a result. thLs will be continuetl lor thè foreseeable future. July was a particulady busy month. The ~all groups- event was well-attended and gave mernrs of all those 8roups using Wickham Theètre Centre an opportunity to meet and to dlscover what goes on in thè tlubhouse. Lwklly the weather was kind and the event carrièd on well inio the evening with people chatting ith the bar and garden. Our friends at Social Onema Bromley put on a rhree-day film festival screenir8 three very different films with an audience of well over ICQ. 01 course, we also had our AGM durin8 july. Page 5
Wlckham Theatre Trust Trustees. Report Alongside our re8ular wrc users one of our member5 ran Musical Theatre workshops for children during 5thool holidays- they were very 5ucce5sful and well-attended, and tertainly made their mark with crisp and sweet debris around the place! Other members continue to rnake ad-hoc use of the building for pursuing artlstic hobbies and careers, as well as prlvate sotial events. We were pleased to welcome the Creative Curye Theatre group 3Bain In October, this time wth thelr touring production ol Nell. Thi5 Wa5 an evening ol enga¢ing and mischievous reminiscences of Nell Gwynne as she prepared for the flfneral ol her darlin8 tharles11. Also, durin8 Ortober Quest Soul ThEatre brJght the VAMOS group to Wickham Theatre Centre to deliver one of their Yheatre and Cutture Chan8e in Dementia Care" modules to an audience of those offerted by dementia. Please keep an eye on our website during 2026- it's havln8 z fundamental overhaul wlth Stuart Scoty Aob and Laura Chambers. znd Alice Foster all worktn8 on promotTrn8 what we do to as many people as posslble. All of thls is good news for and the community of West Wickham but does of tourse add to the maintenance demands lor our wonderful tlubhouse. Some of this maintenance need5 to be done by professionals wlth the associated costs. but I know that a great deal Is also done by volunteer members who just 'get on with the job, for no acknowledgement or reward. I know you've all heard this before. but we are alway5 looking for extra help with a variety of tasks so please let us know if you have tme to support yoyrdub. You don't have to wait to be asked Pauline is happy to get tggether a list of people and skills so ple contatt her to let her know what you're good 8t or what you'd Ilke to have a go itl My personal thank5 must £0 to the Board of Wiikh3m Theaire Trust who all ttsntrlbute to kpin8 wrr, and Theatre62 going. Also, special mentions should be made to.. lon Lewls for maintaifting our Th connertivity and providing technic31 support to Trustees when 'somethinls gone wrong Wlth my computer again", Stuart Scgtt who work5 hard to keep the current website updated, Laura Chambers for increasing our soc131 media presence, Carole Pope lor producrn8 our monthty newsletter Prompt, Vincent Quinn who continued to dean our public areas, Nikki Packham for quietly providln8 excèllent raffle5 for our shows, Linda and Nigel Gardner lor making sure our audlence5 havè tea, coffee, biscuits and ice creams, and lan Evans forstepping in to provide help and 5UPPOrt wherever and whenever he sees it is needed. I would also like to take this opportunity lo thank Pauline our seeretary who takes on a mountain of work. and to lan Wathen our taSurer who keeps the fInanS in order and manages all the hall booklng5. It has been my pleasure to be the Chair of Wickham Theatre Trust for another year and thank you all for your help and support. Janet Clark Chair Wickham Theatre Trust Page 6
Wickham Theatre Trust Trustees, Report Trusieesand offiters The trustees and officers seNing during the year and since the year end were as follow5= Trustees.. Laura Chambers Rob Chambers janet Clark lappointed 8 June 20251 Alice R05e Foster Kevin Gzuntlett (appointed 8 Jvne 20251 Paul Newton Iresigned 8 June 20251 Diana Quinn Iresi8ned 8June 20251 Vincent Quinn Stuart Scott lappolnted 8June 20251 Pauline Wathen Secretary.. Pauline Wathen Statsment of Responsibililles Iwlthln Trustees Report) The trustees Iwho are also the directors ol Wlckham Theatre Trust for the purposes of company lawl are responsible for preparing the trustèès, report and the financial 5tatemen15 in accordante with applicable law nd United Kingdom Accountin8 Standards (United Kingdom Generally Accepted Attountin8 Piarticel. including FRS 102 The Financial fleportin8 Standard applicable in the UK and Republic of Irel3hd" Company law requires the trustees to prepare financial statements lor each financial year. Under company law the trustees must not approve the financial statemenis unless they are Satisfied that they gfjve a true and fair vlew ol the state ol affairs of the charitable company and of the incoming reseufces and application of resources, including its income and expenditure, of the charltable tompany for that period. In preparin8 these financlal statements, the trustees are required to.. select suitsblÈ accounting pollaes and appw them consistently,. observe the methods and principle5 in the Charities SORP,. Make judgements and estimates that are reasonable and prudent: stste whether applicable accountin8 Standards, comprisirt8 FAS 102 have been followed, subject to any materièl departures disclosed and explalned in the financial statements: and prÈpaTe the financlal siatements on the goin8 concern basis unless it is Inappropriate to presume that the charitable company will continue in business. The trustee5 are respgnsible lor keepin8 proper actounting records that can disclose with feasonable atturacy t any tlme the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2C06. They are also responsible for safeguarding the assets of the charitable company and hence for takin8 reasonable steps for the prevention and detection gf fraud and other Irregularities. The trustees are responsible for the maintenance and integrity of the corporate and linancial ifilormatlon Included on the charitable company's website. LeBislation governing the preparation and dissernination of financial statements may differ from le8is1ation in other jurfsdictions. PaBe 7
Wlckham TheatreTrust Trustees, Report Approved bythetrustees of the ¢harlty on...... d slgned on Its behalf by.. Pauline Wathen Company secretary andTrustee Pa8e 8
Wickham Theatre Trust Independent Examiner'$ Report to the trustees of Wlckham Theatre TNst ('the Company'l I report to the charity trustees Iv4ho are also Directors for the purpose of company lawl on my examination of the èccounts of the Wickham Theatre Trust I'the charitable compènv) for the year ended 31 December Z025 which comprise the Statement of Financial Activities, the Balante Sheet and related rsotes 11 to 22. This report 15 made 501ely to the charit¢s trustees, as a body, in accordance with section 145 of the Charltles Act 2011. My work has been undertaken so that I might state to the thariws trustees those matters l am required to state to them In this report and for no other purpose. To the fullest extent pem)itted by law, I do not accept or assurne responsibility to anyone other than the charity and the djarit$ trustees as a body, for my work, IOT this report orfor thè oplnions I hwe fornied. Responslbllltles and basls of report As the charitvs trustees ol Wickham Theatre Trust you are responsible for thé preparation of the accounts in accordance with the requTrrements of the Companies Acl 2C#)61'the 2006 Acgl. Having 53tisfied myself that the accounts of Wickham Theatre Trust are not required to be audited untler Part 16 of the 2006 Art and arè eligible for independent examination. I report in respect of my examinbtion of your charity's accounts a5 tarried out under sertion 145 of the Charities Act 20111'the 2011 AtVI. In carryin8 Out my examinatlon I have followed thè Directions Biven by the Charity ¢ommis51on undei section 14515llbl of the 2011 Act. An independent examSnation does not Involve gathering all the eVIden that would be required irn an audit and consequently does not Cgver all the matters thèt èn auditor tonsiders in giving their opinion on the financial statement5. The planning and coftduct of an audit goes beyond the limited ossuran that an independent examination can provide. Consequently l express no opinion as to whether the finanual statements present a 'true and fairf view and my report Ss Ilmited to those specific matters set out in the IndepÈndeTrt examiner's ststement. Independent examintrfs statement I have completed my examlnation. I confim) that no matters have come to my attention in connection with the examination givi me cause to believe= actounting records were not kept in respert of Wickham Theatre Trust 85 required by sedion 386 of the 2006 Act- or 2. the accounts do not a¢cord with those records: or 3. the accounts do not comply with the accountin8 requirements of section 396 of the 2(6 Art other than any requirement that the accounts give a'trve and fair vlew, which is not a matter considered as part of an independent examination- or 4. the accgunts have not been prepared in atcordance with the methods and printiples of the Ststement of Rec¢)mmended Prattice for accountin8 and reporting by charitie5 applicable to tharities preparlnE thelr accounts In accordance with the Financlal ReportSn£ Standard applicable tn the UK and Republic ol Ireland IFRS 1021. I have no concern5 and have come across no other matters in connection with the examinètlon to which attention should be drawn in thi5 rèport ordèr to enable a proper understanding of the accounts to be reaehed. Page 9
Wlckham Theatre Trust Independent Examlner's Report to the trustees of Wickham Theatre Trust I'the Company,) Tim Sullivan FCA Field Sullivan Limited 9 Hare & Billet ckheath SE3 ORB Date.. Page 10
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Wickham Theatre Tntst, {Re8iStrntion number: 03450828) Balan Sheet as at 31 December 2025 2025 2024 Nots Fixed 8ssets Tan8lblè assets 14 9.640 Currentass•ts stocks 16 Debtofs 17 1,282 ' 9,137 70.384 1,282 8.C<)3 74,479 Investments Cosh at bankond in hand 15 82,243 84.764 OtdoYs'. ArnourrtsfallinT&wlthth on¢ y•aT IB 11.965) {2.2841 Net ¢urrent 435ets 80.278 82,480 Net assets 87.070 92,120 Fd$ ofthe charhy: 1kn5trictsd income ld$ Unrestricted funds 87.070 Tot•lfunds 20 S7,070 92.120 For the flnancfal year endlng 31 Dectmber 2025 the charity was entitled to exemptlon frorn ¥udlt under section 477of the Companies Act 2¢X)6 relating to small rompanie% Dlrertors. respos)slbiir(les: The rnembers have nr)t required the charity to obtain an audit of Its accounts for the year in question In Ctrdance with section 476.. and The directors acknowledge their rPonSIbIlItIeS for complying with the requirements of the Act with respect to accountlng records and the preparation of accounts. I statements Dn pages 11 to 22 wefe approved by the trustses. and authorised for Issue on nd signed their behalf by- Pauline Wathen Cornpary Secretary and Trustee The notes pages 13 to 22 form at) Integral part of these financial statements. Page 12
Wlckham Theatre Trust Notes to the Flnan¢ial Ststements for the Year Ended 31 December 2015 I Charitystthius The tharity is limited by gu3rantee, incorporated In England & Wales, and consequently does not have share capitsl. Each of the trustee5 15 liable to contrlbute an amount not exteeding £1 towards the assets ol the chaiity in the event of liquidation. The address ol its registered offitt Is: Wickham Theatre Centre Corkscrew Hlll West Wickham Kent BR498A 2 Accounllng pollcies Summary of slgnifitant a¢counting policles and key accountlng estlmates The principal accounting poliaes applied In the preparation of these linancial statements are set out below. These policie5 have been consistently applied to all the years presented, unless otherwise stated. ststement of compliance The finantial statements have been prepared In attordance with Accountin8 and Reporting by Charities: Statement of Retommended Practice applicable to Charities preparing their accounts in accordance wth the Finantial Reporting Standard applicable in the VK and Republic of Ireland IFRS 1021 (effective l January 2C)191- (Charitles SORP IFRS 1021 Second edbtion October 20191, the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021. They also compty with the Companies Att 2CQ6 and Charities Alt 2011. Ba515 Ot preparatiofi Witkham Theatre Trust meets the definition of o public benefit entity under FRS 102. Assets and liabilities are initially rec¢8nlsed at historical cosl or transactlon value uThless otherwise stated in the relevant accountin8 policy notes. The trustees consider that there are no material uncertaintiès èbout the tharity's ability to continue as a going concern nor any significant area5 Qf urtcertainty that affect thè carrying value of assets held by the charity. Judgements and key sources of estlmatlon uncertaknty In the application of the charivs accgunting ptslicies. the twstees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readi apparent from other sources. The estimates and a5SOClated assumptions are based on historital experience and other factors that are considered to be relevant. ArtU31 results may differ frorn these estimates. The estimates ènd underlying assumptions are reviewed on an ongoing basis. Revision5 to accounting estimates are retognised in the periorls in which the estimate is revised where revlsions affects only that period, or in the peiiod ol the revision and futu periods where the revisions affects both Cyent and luturt perie4Js. Pa8e 13
Wickham Theatre TNst Note5 to the Financial Statements for the Year Ended 31 December 2025 Incomè and endowrnents All income is recognised once the charity has entiilement to the income, it 15 probable that the income wlll be recefved and the amount of the income receivable can be measured reliably. Donotlons ondlegq¢ies Donations are recggnised when the charity has been notified In writing of both the amount and settlement date. In the èvent that a donation is subject to conditions that require a level of performance by the charity beforè the Charity is entitled to the funds. the income is deferred and not reco8nlsed until either those tonditions are fully met. ¢r the fulfSlment of those conditions is wholly within the ccffjtrol of the charity and it is probable that these conditions will be fulfilled in the reporting period. Deftrred Intome Deferred income represents amount5 received for future period5 and is released to intominB resources in the period for which, it has been te1ved. Such income is only defeired when.. -The donor specifies that the grant or donation must only be used in future accountlng periods.. or - The donor ha5 imposed conditions which must be met before the charity ha5 unconditional entitlement. ltr>¥e5tmentlncome Dividends are recggnised On the dividend has been declared and notification has been received of the dividend due, Expènditurt All expenditure 15 rectsgnised once there is a legal or construrtive obligation to that expenditure. it is probable settlement is required and the amount tan be measured reliably. 1 costs are illocated to the applicable expenditure hèading thatag8reBate similar costs to that category. Where costs cannot be dirert1y attributed to particular headtn85 they have been allocated on a basis cons1Stent with the use of resources, with central staff cosr5 allocated on the ba515 of timè spent, and depreciation charge5 all(*ated the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Ao151noJunds These are costs incurred in attractlng voluntary income. the management of investments and those inojrred in trading activities that raise funds. Churltoble a¢tlvlties Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its benelici8rie5. It includes both costs that can be allocated directly to suth activities and those cost5 of an indirect nature necessary to support them. Support costs Support costs include central functions and have been allocated to actwity tost categories on a bagls consistent with the use ol sourCes, foi example, allocattng property costs by floor areas, or per capita. staff costs by the time spent and other costs by their usage. Page 14
Wickham Theatre Trust Notes to the Financial 5tstements for the Year Ended 31 Dernber 2025 Taxatlon The charity Is considered to pas5 the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it Meets the definition ol a charitsble company lor UK torporation tax purposes. Accordingly, the charity IS Potentially exempt from taxation in respect of incomÈ or capital gains received within categorles covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Serti¢n 256 of the Taxation of Chargeable Gain5 Art 1992. to the extent that such income orgains are applied exclusively to charitable purposes. Tangible fixed ?5stts Individual fixed assets costing £500 or more are initially recorded at cos[ less any subsequent atturnulated depreciation and subsequent accumulated impaiment lossÈs. Depretiatton and amorfsatlon Depreciation is prowded on tsngible fixed assets so as to write off the cost or valuation. less any estimated residual value, over their expected useful etonomi¢ lrfe as follows.. Asset cl?sS Land and bulldin8 Furniture and equbpment Deprttlation method and rate over life of lease, expiring 31-12-2025 25% on cost Current a$5et invèsiment5 Current asset investments are Included at the lowei of cost and net realisable value / marketvalue. Stock Stock is valued at the lower of ttjst and estimated selling prlce les5 ctssts to complete and sell, after due regard for ob591ete and slow rno¥in8 Stocks. Cost is detemiined vsing the first-in, fir5t-QUt IFIFOI. Tradè debto Trade debtors are amounts due from customers for merchandise sold or seryi¢es performed in the ordlnary course of busine5 Trade debtors are recogni5ed initially at the transaction price. They are subsequently measured at amortised cosr using the effectNe interest method, less provision for impaimient. A provision for the impairment of trade debtors is established when there is cibjectNe evldence that the charity will not be able to toSlect all amounts due attordin8 to the ori8inal tem)s of the tIvable5. C•5h and cash equlvalents Cash and cash equivalents comprlse c85h on hand and call deposits. and other short-term highly liquid invèstments that are readily ttlnvertible to a known amount of cash and are subjert to an insignificant risk of change in value. Pa8e 15
Wickham Theatre Trust Notes to the Flnancial Ststements for the Year Ended 31 December 2025 8orrowlnqs Interest-bearing borrowiTr85 are inltially recorded at falr value, net of transaction ¢osts. Interest-beariTrg boirowinBs are subsequently carried at amortised Ct, with the diffenCe between the proceeds. net of transartion tosts, and the amount due on redemption being reco8nised as a charge to the Statement of Financial Attivities over the peried of the relevant borrowing. Interest expènse is reco8nised on the b3sis of the effectNe inteiest method and is induded in interest payable atkd similar charges. Borrowings a dassified as currenl liabilities unless the Charity has an unconditional right to defer settlemertt ol the liability for at least twefve months after the reporting date. Fund structure Unrestricted income fund5 are general funds that are available for use at the trustees discretion in furtheraft olthe objertives of the charity. Designated funds are unrestricted funds set aside forspecilic purpose5 at the discrètion olthe trustees. 3 Income from donatkTrns and leKade5 UnrÈstrkted Total 2025 Totsl 2024 Geneial Donations and legac¥es.' Appeals and donations Sub5CriPtiDns 590 2,936 590 1.574 3,221 2,936 3,526 3.526 4,795 4 Income fmm charitable athitles Unre5trirt*d Total 2025 Total 2024 Gèneral Production intcme Hall lettings 19,907 4,720 19,907 4,720 24,B41 4.5S5 24,627 24,627 29,396 Pa8e 16
Wickham Theatre Trust Notes to the Financial Statements for the Year Ended 31 December 2025 S In¢ome frt)m othertradln8 aCtl¥llle5 Unrestrlrted Total 2025 Totsl 2024 General Events income: Funrt10Th5 and fundraisin8 events Bar t?kinB 2.369 12,730 2,369 12,730 2.058 12.679 15,099 15,099 14,737 6 Investmenl Income Unrestricted Total 2025 Total 2024 Gèneral Interest receivable and similar income., Interest CeiVable on bank deposits 782 782 718 7 Expendllure on raising fund5 a) Costs of generating donatlon$ahd legades Total 2025 Totsl 2024 Qpenin8 Stod( Purchases Closing stock Cost of producligns Insurance 1,000 4.066 11.4401 9.046 5,288 1,227 4,057 I1,(0} 8,960 5.108 17,960 18.352 Page 17
Wlckham Theatre Trust Notes to the Financial Statements tor the Year Ended 31 December 2025 S Expenditixe charitable atli¥llles unre5•d Total 2025 Totsl 2024 Deslgnated General Note Fundraising tosts Rent Rates and water Light, heat and power Licence fee and subscription5 Repzir5 and maintenance 5.128 1.982 5,128 1,982 5,128 597 7,039 7.039 4,156 473 473 459 2.877 5.558 4.695 2A77 10.(64 4,695 3AOO 9.657 4.702 Depreciati¢ Support costs 4,506 4.506 27.752 32.258 28,549 9 Arnalysls of gov•rn•Kè and support costs Supportcosts Unrestrffted funds Genèrnl Trtal 2025 Total 2024 Seajrity Telephone and web server Sundries Cost of trust* meetings Independent examlner's lee Bank charges 1,410 797 1.410 797 1.$04 796 167 167 448 482 482 1,500 339 1.500 339 1,620 334 4,695 4,695 4,702 10 Net Ih)comin&lout805ng resour<e5 Net loutgoin81fincoming sOurCeS for the year include.. 2025 2024 Depreciation of fixed assets ,064 9,657 Page 18
Wickham Theatre Tn Notes to the Financlal Statements lorthe Year Ended 31 December 2025 11 Truslees remunerion and expen5e5 No trustees. nor any persons connected with them, have receivÈd any remuneration from the charity during the year. No trustees have te1Ved arby reimbursed expenses or any other benefits from the charity durin8 the year. 12 Taxation The tharity is a registered charity and is therefore exempt from taxation. 13 Related partytransartlons There were no related party tfansartiCns in the year. 14 TangTrble Ilxèd assets Land and bulldlngs Fumiture and equipment Totsl Cost At l January 2Q25 Additlons 93.653 7.216 18.2S3 111,906 7.216 At 31 December 2025 100.869 18,253 119,122 DepreciatlDn At l January 2025 Char8e for the year 85,014 9,063 17,252 I,ooi 102,266 10,064 At 31 December 2025 94,077 18.253 112.330 Net book At 31 De¢ember 2025 6.792 6,792 At 31 December 2024 8.639 I,ooi IS Cwrent a55et investments 2025 2024 sted other shares 9,137 8,CQ3 16 Stock 2025 2024 Stocks i.coo Page 19
Wickham Theatre Trust Notes to the Financial 5tstements for the Year Ended 31 December 2025 17 Debtors 2025 2024 Prepayments 1,282 1,282 18 Credltors: arn1nts falliftg due within one year 2025 2024 Accruals Deferred income i.sco 465 1,440 1,965 2,284 19 Contrtent liabllltles Whilst the lease temis between the charity Iwm and the trustees of thè West Wickham Playin8 Fields Trust (the landlordl in respect of the the theatre premlses provide for the Landlord to be responsible for the upkeep and maintenance of the car parkSn8 area forming part of the Charity's leased area, the lease provision doe5 allow Landlord to seek a contribution towards the Stssts invglved. Given the curreni poor state of the parking area WIT has opened discussions with the Landlord regarding future impiovements and thèrefore at some sta8e it is possible that wrr will be called on to make a due contribution. At this sta8e no commitments, either side, have been made. but WTh's commitee consider it reasonable to draw member5, attention that a continÉent liability does exist and could materialise durSng the next 12 to 24 months. The annual commitments undef this lease was £5,12812024- £5,128). Page 20
Wickham Theatre Trust Notes lo the Flnancial Statements for the Year Ended 31 December 2025 20 Fund5 8alJnte at Other 31 reco8n15ed Dember Transfers Èalnsll10s5esl 2025 Balanté al l January 2025 Incoming resource5 Rèsources e¥pendèd Currnntyear Unrestrlcted Genèral Fund5 Designated Funds 79,350 12.770 44,034 145.7121 14,5061 8,264 18.2641 1.134 87.070 Total funds 92,120 44,034 150.2181 1.134 87,070 Other recoqnised qainslllosse51 8alance at 31 December 2024 8alanre at I January 2024 Intomln8 resvur¢ès Resources expendèd oryear Unres*rkted General Fynds Desi8nated Funds 71.514 17.270 49,646 142.4011 14,$00 591 79.350 12.770 Totalfunds 88.784 49,646 46,9011 591 92.120 The speofic purposes for which the funds are to be applied are as follow5.. Desi8nated Fund5 Leasehold bvTrlding fund.. Trustees have set aside an amount equal to the uyst of the leasehold building a5 a designated fund. All amount equal to the depreciation charge on 311 buildin8 tosts is ch2r8ed to thTrs fund annually. Page 21
Wickham Theatre Trust Notes to the Flnanclal Statement5 lor the Year Ended 31 December 2025 21 Analy515 Otnet asset5 bttwe•n Unrestrl¢trd Gèneral T¢)tal fuNIs Current year Tan8ible fixed 855ets Current assets 6.792 82,243 11,9651 6,792 82,243 11.9651 Current liabililies Total net assets 87,070 87,070 UArestrlcted General De518n*ed Total funds Prlor year Tan8ible fixed assets Current assets Current Itabilities 13,1301 84,764 2,284 12.770 9.640 84.764 2,284 Total net assets 79.350 12,770 92,120 Page 22