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 Re￿￿ered 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 De￿mber 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 adVan￿Ment 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 dIreC￿rS 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 Ma￿agement 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 P￿1 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 T￿￿t 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. CO￿RIBUTING 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 In￿￿allOn 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 S￿11 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. LI￿le 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¥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 De￿rnber 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 C￿t, with the diffe￿nCe 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