HT ER 24 *AEHTRIWB* 2011212025 COMPANIES HOUSE A23 #130 Ir Annual Report for the period 1 April 2024- 31 March 2025 Contents What people say about us Introduction from the Director pg.5 pg.6 pg. 8-9 pg.12-19 Business Plan 2028. Mission, Vision, Values and Aims Exhibitions, Collections and Projects 2024-2025 a.IL? L• lts_iL- '1 :(,/*. ff/; 11lr, *•• IAJlie Commercial Activity Learning & Engagement & Impact Statistics Marketing & Communications- Print & Digital Media Coverage Governance and Staffing 10. Image Credits 11. Accounts pg. 20-21 pg. 22-25 pg. 26-29 pg. 30-31 pg. 32 pg.34 pg. 36-67 What people say... A gem of a place. Super Matisse Exhibition and so interesting to see what pictures were made from paper... Also we very much enjoyed the Paula Rego pictures trying to identify the nursery rhymes before looking at the labels. Wonderful, well worth a visit. As a local parent, I love knowing there's a place like Lightbox where children can explore, create and feel welcome. Their community programmes are so valuable. Just Marvellous! Woking is very fortunate to have Lightbox Gallery. Great exhibition and such a lovely cafe too. Fabulous exhibitions. I was inspired to get my pencils out and do some drawing. Fab selection! Great gift ideas in the shop. Visitor Comments2024-2025 2. Introduction from the Director Looking back, it is extraordinary how much can change in a year and what a team can achieve. As a result of our new financial landscape, we diversified our income and raised over £600,000 in grants to secure our future. In addition, we were awarded funding from Arts Council England ACE MEND (Museum Estate and Development Fund) a grant for urgent repairs to the building, working with Woking Borough Council and our original architects, Marks Barfield. Turner Prize winning Grayson Perry's The Vanity of Small Differences exhibition was extended due to popular demand and we increased our membership and brought work to Surrey that had never been exhibited here previously. The Summer welcomed families to enjoy drawings by Henry Moore on loan from Henry Moore Foundation and Material Thinking, exploring how The Ingram Collection inspired artists and opened new conversations, creating workshops for families to enjoy. This built on support from Arts Council England, National Lottery Heritage Fund, Surrey County Council, Woking Borough Council, UK Shared Prosperity, Esmée Fairbairn Collections Fund, Museums Association, The Ingram Foundation, grants from Art Fund and Southwestern Railway. Autumn saw our inaugural collaboration with Clandon Park, National Trust, establishing a new commission with artist Harold Offeh who worked with our volunteers and community groups taking inspiration from the collections at Clandon Park, National Trust, and our heritage collection. For the first time galleries were filled with work selected and created by our audiences for everyone to enjoy. These funds are a real investment in the creativity, culture and community of Woking, Surrey. Together they ensure Lightbox Gallery & Museum will continue to provide an inspiring and welcoming space for our communities as we approach our 20th anniversary in 2027. We welcomed HRH Duke of Edinburgh to the galleries meeting community groups, schools, staff and volunteers. We completed the year with a strong partnership with Hayward Touring resulting in two beautiful exhibitions., Matisse: Drawing with Scissors, late Wurks 1950-1954 and Paula Rego.. Visions of English Literature. From March 2024 to April 2025 we rebranded, launched a new web51te and developed a business plan that prioritised our commercial and philanthropic strategies. We programmed a series of new commissions, great exhibilioiis and a strong programme of engagement and learning, bringing in new audiences. Lightbox Gallery & Museum is incredibly lucky to have such a committed staff and volunteer team along with the vital support of our regular Funders, Members, Patrons and Supporters who have generously donated, we are very grateful. Thank you. Sarah Brown Director * 3. Business Plan 2028. Mission, Vision, Values and Aims Our vision is to inspire change through creativity and co-creation. Championing the transformative power of visual arts, Lightbox Gallery & Museum celebrates the value of creativity by inspiring communities to connect and create. Mission Our integrative contemporary cultural programme brings contemporary artists into dialogue with audiences, fostering a vibrant and inclusive community where creativity thrives by uniting people. We will achieve this by: 1. Championing artists. 2. Nurturing the next generation of creatives. 3. Co-creating. experiences that are relevant and connected to our collections. 4. Connecting to our architecture, place and the history of Woking. 5. Making the town a dynamic centre of artistic expression, collaboration and enterprise. Aims 1. Delivering a programme of exhibitions and activities that are both historically significant and current. Creating an engaging and stimulating environment that fosters creativity, curiosity, critical thinking and fun. 2. Providing a high quality, essential and always welcoming presence for our communities. 3. Being financially and organisationally viable and commercially agile. )1 }.% Lli'.J'.J IJ . 4. Exhibitions, Collections and Projects 2024-2025 As we approach Lightbox Gallery & Museum's 20th Anniversary in 2027, we look towards our next 20 years and beyond, working with key external stakeholders, including Arts Council England, National Lottery Heritage Fund and a network of local community partners to develop an ambitious new vision for our nationally significant and locally relevant arts and heritage venue iii Surrey. Grayson Perry: The Vanity of Small Differences 27 January- 7 July 2024 In 2024, Lightbox Gallery presented The Vanity of Small Differences by Grayson Perry, in partnership with the Arts Council Collection and British Council. The exhibition attracted exceptional visitor numbers, wide press coverage and strong engagement from schools and community groups. A companion project, Everyday Life, invited visitor responses inspired by Perry's exploration of class, identity and taste. The programme deepened relationships with national collections, advanced audience development and learning priorities, and demonstrated Lightbox Gallery's capacity to deliver major touring exhibitions for Surrey audiences. Jill Material Thinking 20 July-13 October 2024 In summer 2024, Lightbox Gallery presented Material Thinking, a major partnership exhibition with The Ingram Collection and the University of Gloucestershire, curated by Professor Angus Pryor. The exhibition explored materiality and process as central to artistic practice, pairing works from The Ingram Collection by Barbara Hepworth, Graham Sutherland, Frank Auerbach, Elisabeth Frink, Anthony Caro and Lynn Chadwick with contemporary works by Olivia Bax, Andrew Bick, Richard Billingham, Vera Boele-Keimer, Harriet Carter, James Fisher, Hannah Hughes, Susie Olczak and Angus Pryor. The exhibition attracted strong audiences and critical engagement, advancing Lightbox Gallery's partnership work across higher education and the contemporary visual arts sector. Material Thinking Symposium 13 September 2024 To accompany the exhibition, Lightbox Gallery hosted a sold-out symposium exploring ideas of material. making and practice-led research. Chaired by Professor Angus Pryor. the event featured contributions from Dr Jon Wood, Jo Baring. Hannah Hughes, Vera Boele-Keimer and Susie Olczak (University of Gloucestershire), with a keynote presentation by Claire Bally (Goldsmiths University) on Explorations in Carbon Free Matter, and a film screening by artist Richard Billingham. The event generated valuable cross-sector dialogue between artists, academics and curators. reinforcing Lightbox Gallery's role as a centre for critical exchange and contemporary art in Surrey. 13 Harold Offeh: The Lounge 26 October 2024-19 January 2025 Lightbox Gallery presented The Lounge, a major new instdlation and first commission for the W for Woking partnership with the Nationd Trust at Clandon Park. Created by artist Harold Offeh with participants trom The Orpheus Centre, Amber Foundation. and local volunteers, the work transformed the gallery into a welcoming domestic space exploring ideas of home. hospitality and belonging. Drawing on patterns, objects and stories from our Heritage Collection and Clandon Park collections. the project fostered inlergenerational and cross-community exchange. A lively events programme included The Lounge Tea Room with artist Tara White, artist talks and performances byofieh, a Bring and Brag communitystorytelling event,and atextileworkshopdelivered bythe Campervan Collective. Funded by the Esmée Fairbairn Collections Fund and Natlonal Lottery Heritage Fund, the project modelled participatory commissioning and sector partnership in practice. Royal Visit: HRH Duke of Edinburgh 26 November 2024 Lightbox Gallerywelcomed HRH Dukeof Edinburghtora visit spotlighting our role as a community hub for creativity and heritage. The Duke of Edinburgh met children, volunteersandcommunity partners, including participants from the Orpheus Centre, toured exhibitions., The Lounge. and Call When You Reach and our permanent museum. Woking's Story. These community groups, alongside local schoolchildren and teachers. were happy to share the gallery's impacton learning andvRllbeingwith HRH. Since opening in 2007, Lightbox Gallery has welcomed 500,000+ schoolchildren, underscoring our commitment to access and education. The visit amplified our profile across Surrey and affirmed our mission to broaden participation in arts and heritage. Paula Rego: Visions of English Literature 1 February- 8 June 2025 Lightbox Gallery presented Paula Rego.. Visions of English Literature, a major Hayward Gallery Touring exhibition celebrating the artist's extraordinary printmaking practice and lifelong fascination with storytelling. Featuring Rego's Nursery Rhymes. Peter Pan and Jane Eyre series, together with rarely seen sketches, etching plates and personal items, the exhibition explored themes of imagination, power and the female experience. A screening of Paula Rego..Secrets 8 Stories at NOVA Cinema.Woking complemented the exhibition, engaging new audiences beyond the gallery and deepening public underslanding of Rego's life and work. The programme strengthened Lightbox Gallery's partnershipwith Hayward Gallery Touringand reinforced its role in bringing world-class exhibitions to Surrey audiences. Italia Conti Lightbox Gallery Students from Italia Conti returned to Lightbox Gallerytocreate and perform new choreographic work inspired byPaula Rego.. Visions of English Literature. Responding to Rego's depictions of power, imagination and the female experience, the perfomiance brought movement, gesture and narrative into conversation with Rego's storytelling on paper. The project built on the success of Italia Conti's earlier collaborations at Lightbox Gallery. performances developed in response to Sophie Ryder in 2023 and Grayson Perry in 2024, furtherembedding the partnershipwithin the gallery's learning and engagement programme. The performance offered students professional experience of site-specific practice while inviting audiences to encounter Rego's work through the dynamic lens of contemporary dance and physical theatre. Madi Acharya-Baskerville: l Dream a Palace 13 January-14 April 2024 Lightbox Gallery presented IDrearn a Palace. the first institutional solo exhibition by Madi Acharya-Baskervillè, developed through her residency for 20120, the UAL Decolonising Arts Institute's national programmesupporting Black. Brown and other artists of colour through new commissions and partnerships with UK collections. Responding to Woking Palace and our Heritage Collection, Acharya-Baskerville created sculptural works combining ceramics, textiles and found materials with Tudor artefacts and community collaborations, re-imagining local histories through a decolonising and ecological lens. Following the exhlbition, Lightbox Gallery permanently acquired three key works - On the Way to Woking Palace, Goodbye Bartman. It's Been a Blastl and The Chertsea Oyster- marking the gallery's first commission and acquisition through 20120, a landmark in embedding inclusive practice-based research and contemporary making within its heritage displays. Kofi Perry: Remnants from a Distant Future 20 April~ 21 July 2024 Lightbox Gallery presented Remnants from a Distant Futureby Kofi Perry, the 2023winnerof the Ingram Prize. This exhibition, curated byJo Baring, formed part of the gallery's annual collaboration with The Ingram Collection, showcasing Perry's Afrofuturist paintings that merge classical and mythological references with visions of Black identity, imagination and spirituality. The presentation marked Perry's first solo exhibition in a UK public gallery and featured works from his evolving fictional universe alongside selected pieces from The 5ngram Collection. The project exemplified LightboxGallery'scommitmenttosupporting early- career artists and fostering dialogues between contemporary practice and the Modern British collection. expanding opportunities for diverse creative voices through partnership and display. 16 Henry Moore in Colour 27 July- 3 November 2024 Lightbox Gallery presented Henry Moorein Colour, a major partnership with The Henry Moore Foundation exploring the artist's lifelong engagement with drawing and his often overlooked use of colour. Featuring over thirty works spanning seven decades, the exhibition included early life studies. wartime Shelter drawings, and vibrant late cornpositions that reveal Moore's painterly imagination and experimental approach to form. tone and texture. The exhibition offered new insight into how Moore's explorations on paper informed his sculptural practice, challenging perceptions of him solely as a sculptor. A sold-out talk,To Look More Intensely: Henry Mooreand Drawing, was delivered by Sebastiano Barassi, Head of Collections and Programmes at The Henry Moore Foundation. The project deepened Lightbox Gallery's partnershipwith the Foundation and attracted excellenl visitor numbers and media coverage throughout thesummer. Madinah Farhannah Thompson: Call When You Reach 9 November 2024- 2 February 2025 Lightbox Gallery presented Call When You Reach by Madinah Farhannah Thompson.winnerof the 2020 Ingram Prize. Developed in partnership with The Ingram Collection and curated by Jo Baring, the exhibition explored the legacies of love, trauma and belonging through collage. film and text. Thompson's work reflects on the impact of whitenesson Black bodiesandthenavigation of identity within predominantly white spaces. Theexhibition includedtheartist'sacclaimed film Call When You Reach {2020), filmed on Holkham Beach. Nortolk,alongside newcollage works constructed from family archives and poetry. The project deepened Lightbox Gallery's commitment to supporting early-careerartists and addressing under-represented voices within contemporary British art, while strengthening its long-standing collaboration with The Ingram Collection. AA 17 Matisse: Drawing with Scissors- Late Works 1950-1954 8 February- 11 May 2025 Lightbox Gallery presented Matisse.. Drawing with Scissors. a Hayward Gallery Touring exhibition celebrating Henri Matisse's final and most innovative period. Featuring 35 vibrant lithographic prints of his celebrated cut-outs, including The Snail and Blue Nudes, the exhibition revealed how Matisse transformed colour, form and line into pure visual rhythm. Created in the last years of his life when confined to bed, these works exemplify hisjoyous and radical spirit. Loans from The Ingram Collection Lightbox Gallery & Museum continues to provide logistical support for loans from The Ingram Collection to its partner institutions. Thls work is delivered in close collaboration with the Ingram Art Foundation team, Director Jo Barlng and Collections Manager Alison Price. who manage the Collection and its programme of loans and exhibitions across the UK. Works from The Ingram Collection have featured in major exhibitions nationwide, extending the Collection's reach and impact while fostering wider public engagement with modern and contemporary British art. A Spirit Inside ~ Compton Verney, Warwickshire 21 March- 1 September 2024 This exhibition marked the first time that Lightbox Gallery and The Ingram Collection toured a significant exhibition after its display in Woking, following its development through a three-way partnership between Lightbox Gallery, The Ingram Collection and The Women's Art Collection, University of Cambridge. Celebrating women artists and feminist narratives in British art, the exhibition attracted significant audiences and generated the first hire income Irom an Ingram touring project. Thegrouping ofworks in this showhas beendonewith immensecareandattention, establishing spaces for conversations among and between works. The sometimes unexpected dialogues between quite disparate works are especially satisfying to recognise. AtLightbox Gallery, Beth Williamson Studio Intemational. 11 Oct2023 tULJ AKUb T t** 6 & 7 111¢11 sIAtET woKikG,,.. g).$, YEFJ I-'RSDAY. O( Heritage Collections Activities, 2024-2025 During the year the Heritage Collections assisted with Harold Offieh's exhibition The Lounge, partaking in a workshop and sourcing items from the collections for exhibition cases in the display. The Heritage Volunteers also introduced the heritage part of exhibition lo HRH The Duke of Edinburgh on his visit. Volunteers contributed the major part of the display marking the 200th anniversary of railways. in conjunction with Southwestern Railway, finding and describing items from the collections relating to the railway and the Railwayorphanage, which wascelebrating its140thanniversary. Wealsohighlighted the role of Freeman Munday, a Woking railwayman, who served with distinction in World War l and whom we featured as Local Hero in conjunction with the railways display. Having assisted Madi Achaya-Baskerville in the initial stages of her session as artist-in-residence, we gratefully received the three sculptures based on objects found at Woking Palace and the book and film accompanying them. We assisted Alice Naylor in the final stages of her research for a PhD on the social aspects of Kenwood kitchen equipment. on which she gave a talk towoking History Society in the following year. We received a request seeking the location of the Evelina Cup, awarded for indoor sports to railwaymen at Dover, but failed to find its location although finding a home for some connected documentation. At the request of Horsell Residents, Association we wrote a descriptive article on Lightbox Gallery & Museum for their quarterly magazine'The Resident,. Two volunteersvisited, at her request, Sandra Choat, one of the first women to represent England at football. and recorded her memories. which she requested should remain confidential until after her death. RichardandRosemaryChristophers Heritage Volunteers 19 5. Commercial Activity We had a great time at the Lightbox last week. Thank you for your help in organizing everything for us. It's a great spot. and the staff were lovely and helpful leading upto and on theday. Thank you, it was greati My boss really liked thevenue. Itwas a great space for what we needed and my colleagues appreciated the artl 11,•p' Just to say a huge, massive thank you forour hospitality over the last week. Nothing was too much trouble, so accommodating and we cannot recommend this venue enough. We had a wonderful week thank you so much for your warming hospitality. Venue Hire Thestrength ofLightbox Galleryasa uniquevenue,coupledwith excellent client relationship management, continued to attract and retain clienls. The larger Ambassador Room was particularly popular for training and away dayswhich made up the majority of daytime hires over the period. The ground floor and café area also remained popular for private evening events. Private evenl packages, as well as day delegate rates. were introduced to attract as wide a range of clients as possible. As part of the new website project a full suite of newvenue hire photography was commissioned. for new web pages, social media and marketing material including an A5 flyer for use on site. From 2024, Lightbox Gallery was featured on Film England and Film Surrey, with a dedicated film and photography presentation deck available to download on the gallery website. Shop The strength ofthe Grayson Perry exhibition converted to high retail sales, wilh the exhibition catalogue selling 456 units overthedurationoftheexhibition run. The retail offer has been refreshed over the period. with newsuppliersandacleareralignment between products and the programme and Lightbox activities, in particular the creative arts. General seasonal gifts, stationery and homewares across a range of pricing have made up the rest of the retail offer. Greetingscardscontinued tobe a top selling product. Lightbox Gallery continued tochampion ethlcal and sustainable retail suppliers and worked to reduce Its own environmental impact by reuslng packaging and only sourcing paper bags. We have continued to support a wide range of local makers and artists in the shop, includiro ceramicists, glass makers and jewellers. THE1VANIT,YI.OF, CiIFFEkENC Café Ivlilll,, 'Il Recognising the need for an improved café and event catering offer. the conlract for the Lightbox Café was tendered and awarded to Orion Hospitality at the start of 2025. With a strong background across the catering and hospitalitysector, Orion wereable to address the café offer, developing a quick light lunchand snack menu, aswell asanewselection of event catering menus. Festive Late 2024 Lighttrf)x Gallery hosled its inaugural 'Festive Late, event on Thursday28th November 2024.opening the space fora free evening of art talks, music, shopping. food and drir)k. Craft stalls and a Christmas card lino printing workshop as well as carols by Mosaic Chamber choir and festive music from Woking College contributed to a great evening enjoyed by over 600 visitors. Festive Late Thursday 28th November 2024 5pm to 8pm Food . Drink • Shop. Crafts Free Entry Ihelighlbox crfg.uk 6. Learning & Engagement Our innovative Learning and Engagement Programme offers creative opportunities for all with a special focus on inspiring creativity and nurturing artistic talent. We believe the arts play a vital role in childhood development and in supporting mental health and wellbeing for people of all ages, Despite a year of significant change and reduced resources, we have continued to collaborate with artists, schools, and community groups, delivering inspiring creative activities that are accessible to all ages and abilities. Family Sessions A chance to get creative with my children in a gallery environment no screens. The staff were great and very good at showing the kids some examples of what they could make and to then allow them to freely choose what they do next was just wonderful. I loved watching my girls get creative and messy and having a great time! Friendly and supportive helpers - spoke encouragingly towards the children ££ Art in Mind Sessions Just wanted to say a huge thanks for all you did today. Although she was on a difficult loop, she did really enjoy her time today and the artwork. My dad couldn't believe the perspective on her drawing either. Youth Collective Thank you for such a positive and welcoming environment :) Had so much fun experimenting with different types of animation! Would love to animate again. My experience of working at Lightbox Gallery & Museum in Learning and Engagement gave me the opportunity to develop my confidence, planning and project management skills in this Early Career role. I rcccived exbélleiit on the Job training in leading schools. sessions. l also had the opportunity to develop my leadership skills through managing and training volunteers. Emily - Learning & Engagement officer who moved onto Wallace Collection Emerging talent Youth Collective Lightbox Gallery & Museum continues to support early-career professionals and student attainment by offering diverse opportunities through our learning and engagement projects and volunteering sessions. This include5 the Articulation Prize, The National Gallery's national public speaking programme for young people aged 14-23, for which we hosted a regional heat. We work closely with Woking College, Kingston University, Surrey University, UCA Farnham and organisations such as Amber Foundation and LinkAble who work with young people outside of formal education. The Youth Collective is a creative programme for young people aged 16-25. Initially supported through the Art Fund Student Opportunities Grant, the group engaged a Youth Producer to assist with the planning and delivery of sessions. Continued support has since been secured from Tate Artists Rooms, Arts Council England (ACE) and other partners. The Collective meets monthly on Saturday afternoons, with members actively consulted to shape the direction of the sessions, explore their interests, and strengthen peer support within tho group. The Lightbox Gallery & Museum continue to We are now entering the second phase of the champion early career development by offering project, introducing new members through the volunteering that allows individuals to work closely development of a Young Members offer. This within a small, supportive team, take ownership next stage will expand participation, attract of their own projects, and gain valuable new volunteers, and deepen young people's hands-on experience. involvement in the ongoing work of the Youth Collective. I first joined the Lightbox Gallery & Museum team as part of an eight-month Youth Producer placement scheme which I was fortunate enough to have extended to become a part time role. As Youth Producer, I have learnt how to design, develop and deliver creative workshops and events that target a range of diverse audiences. This has shown me the importance of establishing links between current exhibitions and the local community to facilitate unhindered creative expression and opportunity for all to experience and participate in art, benefiting the community overall. Carmen, our current Youth Producer 23 Impact Statistics 46 sessions History 1194 participants 41 Art Schools Childrens, Activities 13 sessions 201 participants Children and Families Free Workshops 12 sessions 118 participants Youth Collective {16-25 yrsl 10 77 participants sessions Young people Articulation Prize Host 2025 A partnership with The National Gallery ooo 60 Sessions 560 participants Including 24 accessible workshops Adult Programme Exhibition Engagement 136 participants sessions Artist Sessions 13 sessions 120 participants Artists Studio Hire 17 Artists 15 Disciplines 62 Volunteer sessions Front of House 6110 Volunteer Hours Learning & Engagement 168 Garden 612 74 % new visitors 46 % found us via website 980/0 rated workshop v.good / good 24 % from word of mouth 66 % of visitors are female Evaluations 27 % of visitors are 60+ 41 % of visitors are retired 730/0 of visitors came with friends or family 56 % live within 0-10 miles of Lightbox Gallery Saturday is the most popular day to visit 'Ii 7. Marketing & Communications- Print & Digital This year marked a transformative chapter for Lightbox Gallery as we unveiled a refreshed brand identity that reflects our evolving vision and creative ambilion. The launch of our new website introduced a more dynamic, accessible and user-focused digital experience for our audiences, artists and partners. Alongside this, we implemented new integrated communications across our social and digital platforms, supported by links to our database to streamline engagement, strengthen audience insights and enhance campaign effectiveness. Together, these developments have unified our approach, strengthened our community connections and positioned Lightbox Gallery for continued growth and innovation in an increasingly digital cultural landscape in the arts and heritage sector. LIGFrr80X 13ALLEFIY GALL c]t]t]tJ E]4 DOQt] Website launched 18 September 2024 (6 months data) 20,000 new users 13,000 views What's On 7,500 London 9,000 organic search 172,799 events count 2,500 Surrey Print, advertising and digital examples LIGHTBOX GALLERY LIGH GALd BOX nus "• forwr Eastw Fani Matisse Drawing with Scissors MayHall Term 8Feknry- 11 IAav2025 LIGHT80X GALLERY LIGHTBOX GALLERY Station Platform Town Centre advertising digital screens I, LIGHTBOX GALLERY Piula Rfrgo Vww¥ol En¥shUI•rn* I never realised how much Woking had to offer. If you pass through on the train recommend getting off and heading to @thelightboxwoking. Great café, shop and gallery #woking. r-J,'e,, Woking Station Footbridge - 6,000,000 visits per annum LIGHTBOX GALLERY a *•pth•¥).•rf•r VENUE HIRE 27 Social Media Facebook Between March 2024 and March 2025, Facebook performance sliowed strong growth across all key metrics. Total reach increased to 799.7K, an 89.40h rise, reflecting a significant boost in visibility. Content interactions grew by 133.6 % to 5.5K, indicating stronger engagement with posts. Link clicks reached 61.4K (up 29.6 % ), and page visits rose by 67.10/0 to 10.5K. Follows grew by 14.50h to a total of 284, demonstrating steady audience growth alongside rising engagement and reach. ££ Ary Great recognition for an amazing Surrey Gallery, @thelightboxwoking brings brilliant art and wonderful creative community initiatives to Woking. ViJ7OV Instagram Between March 2024 and March 2025, Instagram performance saw exceptional growth, with reach increasing to 56.2K, a 546.40/0 rise. Link clicks surged to 1.8K, reflecting a 4.2K% increase, while page visits grew by 135.60/0 to 8.9K, highlighting a significant expansion of audience reach and engagement across the platform. ££ Visited this week, Henry Moore drawings... some gorgeous surprises... QMIQV E-comms Between March 2024 and March 2025, we were not fully utilising the system which means data was not consistently captured or segmented. As a result, it's not possible to accurately isolate or analyse email performance metriis specific to this timeframe. That said, email communications perform strongly and consistently overall, with an average open rate of 51.8 %, well above typical industry benchmarks, indicating a highly engaged audience. The click rate of 4.7 % shows that a solid portion of recipients are actively interacting with content. Meanwhile, the bounce rate of 3.40/0 remains relatively low, suggesting good list health and effective targeting. These results reflect a well-performing email strategy with strong engagement and reliable delivery. 4.7% click rate Average email performance: open rate bounce rate LIGHTBOX GALLERY LIGHTBOX GALLERY LIGHTBOX GALLERY tyQi4•A 8. Media Coverage n- NEW5 Grayson pe￿ tapestries exhibitsoii exteDded Edward Dieetsvoluntéers at art gallery Qthg a((opiie Appearing in: All Surrey and Berkshire editions of the LIFE magazines Woking News & Mail Round & About- local area doordrop magazine Guide 2- in print and in their weekly emails Muddy Surrey- in print and in their weekly emails Visit Surrey - online and in their newsletters GU Premier Woking: Grayson Perry tapestries exhibition extended - BBC News After our BBC Radio Surrey coverage, the radio station received messages from their listeners... Dur A Arioui What a great descriptive orator Peter Hall at The Lightbox is. Initially I wasn't that interested in going to see the Grayson Perry tapestries but now he's inspired me to go along. Shani, from Woking ..THIS MONTH A II'I. ,IIA'I"I'14114 IIEAD ALL.AOQUT 11 Bravo, Peterl ESSENTIAL Iirri'.I k.411' IAN￿ Week l.. 14 Fd>rwry What's on In Surrey & SW London Henri Matissèexhibirion atthè Lillhtt*)LWoklno 31 9. Governance and Staffing Staff ing Lightbox Gallery & Museum continues to have avery loyal and hardworking staff team. In February 2025. to mitigate financial risk, we reduced our operating days from sixdays to five, and as part of a staff restructure reduced working days. Governance Lightbox Gallery & Museum is a registered charity, governed by a Memorandum and Articles of Association as a company limited by guarantee. It's core purpose is to provide heritage and visual arts services for Woking and the wider region. The gallery holds full accreditation from Arts Council England and maintains active partnerships with the Surrey Museums Partnership, Association of Independent Museums. and Museums Association, Cherry-Anne Russell stepped into the role of Interim Chair. worklng closely with Director Sarah Brown to address the funding crisis triggered bywoking Borough Council's Section114 financial position.Together, they successfully raised funds lor 2024-2025 and developed a sustainable. philanthroplc organisational mod81. A note from the Chair of Trustees It has been a full and eventful year at Lightbox Gallery & Museum. The team led by Director, Sarah Brown, has completed the second year as an Arts Council England (ACE) National Portfolio Organisation..We are delighted to be part of the ACE portfolio and to be growing in reach and impact. We are recognised for our work with communities, volunteers and establishing a positive impact on young people as we establish our Youth Collective (16-24 year olds). We are particularly delighted to have had a visit from HRH Duke of Edinburgh on 26th November 2024 to meet our community partners, volunteers and audiences who co-developed the exhibition with Harold Offeh and National Trust, Clandon Park. I would like to thank Sarah and the whole team who have done a tremendous job and navigated a challenging year that has seen a great deal of change and success. Lightbox Gallery & Museum would not exist without the ongoing support we receive from our supporters. patrons. and members. We are very fortunate to count on many loyal, long-term supporters and wonderful individuals who support our work. Cherry-Anne Russell Chair of Trustees j5j I, 10. Image Credits FC Image Page 213 Page4 Page7 Page8 Page9 Page10 Page11 Page12 Page13 Page14 Lightb)x Gallerybuilding facade c.2023. Photographer, DenizGuzel. Aneveniro ￿th SirG'rayson Perryat Lightix)x, Jan2024. Phjtographer, D￿} KiriTiaiLi& LohttoxGallerystaircas& c.2023. Photographer, Pmason. Privatevtewof PaulaRegoandHenri Matisse exhibtiK)n4c.2024. Photographer, Haydenwilde. Engagementworkshop.HarokJOffeh.. 7heLounge,c.2024. PlYJtoJrapher, HeatherThtxna& PrivateViewoflDre8rna Palace,c.Feb 2024. Photographer, Dan KirmatZlS. Engagementworkshop, c.2024, Pmtographer, Grace. Sir Grayson Perryat Lightbox Gallery, c.2024.Pholografftr, Dan KirmatZi8. Instalalion shotofGrayson ￿. The VanityofSmallDrfIe￿r￿8S.C.2O24. Photcgrapher.DenizGuzel. InsULqtonshotofMalerial Thinkiroexlwtstton, Installati￿ShOt.¢.2O24. Photographer. DenizGuzel. InstJlalton shotofHarold Aoffeh.. TrLounge,c.2024. PIN)togr8pher,HaydenWilde. TheP￿Yaj Visit to Lighlbox GaNery,with Artist Haroldoffeh, c.2024. Photographer,GrahameLarter. PaulaRego, Instsllallon,c.2025. Pholo3rapher, Haydenwilde. LKdhtlJ)x RehearsaJ,c2025. 1laliacc￿ts'. Instd￿ttOn shotofMadiAcharya-Baskerwill*.IDrewn8Pal8ceexhitJ'tion,GFeb2024. Fhotcgrapher, Dan Kirmatzi& Page15 Page16 Instailation shotofKoli Perry,Fv7dvutheLostVault,attheLightb)x_2024.@TheArtisL Photographer, Deniz Guzel. Page17 Privateviewof Henry Mo)re In￿loUrexhlbltbn,c.2O24 Photographer, HaydenWilJe. Madinah Farhannah Thompsory The wavesarecalling. 2024. @TheArtisl. Photographer. Hayden Wilde. InStallat￿)nShot0fMattSse..Dra￿ ￿ths￿$Sors exhibliion. G2024. Pl￿tographer. Hayden Wilde. DoraCarrington,Iris TreeonaHffse.c.1920. ImagecourtesyofThe Ingram Collection@TheEstate of DoraCarrlngtc￿. The Royavisitlo Lighlbox Gallery,Lceal school children in WokirvJsStory Museurn,c.2024. Photographer, Grahame Larter. Ambassador Rwmat LighllxsxGallery, c.2023. Photcgraphw. Pmason. Caleringat ￿htt0xGa1Iery,C2o24.E)knghtbox Café The VanityolSmallDifferencestyGraysonPerry.published 2013@TheArtist. Retsl imageby Luhtb)x Gallery Lo￿t￿X CaféatLighttX*x Gallery. c. 2023. Photo3rapher. P Mason. FesiweLaleatknghtbox Galtery,c2024 0 LightboxGallery. DesignbyTristan Manco,Think Beautiful Design. BaJ1manworkshop,o2024@TheLighttrf)x. Photcorapher, HeatherThomas. (0 Art in MiThJworkshop, QThe ￿ght￿oX. Photographer. HealherThomas. Printmakingworkshcp,QThe ￿ght￿￿. Photographer. Heather T￿Ma& Articulation Prize Host2025. Group3 c20240LightboxGalW.Photogwher, HeatherThomas. Harddoffeh.. The Lounge, Bring and BragworkshoAc.2024. Photographer. HeatherT1￿a& Guhlelinesvisual for L￿httN?xGalIery, c.2024 0 Design by Brand 42 Design &DigrtalAgency Variousimagesof printanddigita p)sterinstallaltons @ LKJhttx)x Gallery. Design byNatalieCaamano &Canren Gaminof Light￿￿ Galleryand Tristan MancoofThink8eautilul Design. Page18 Page19 Page 20 Page 21 Page 22 Page 23 Pdge 25 Page 26 Page27 Page 28 Page 29 Page 30 Page31 Page33 screensh0tsofvar￿USs0Clal M￿lap0S￿. 2024-2025@ tighttoxGaI￿ry. ScreenshotsotvarKJus Sockql mediaposts 2024-2025 ylilLK)xGallery. ScreenshotsofvarKJus mediaarticles/k))sts2024-2025@ resFectiveput4tc2tionsarKI medkqoutletsaccordingly. Screenshotsofvarious mediaarticleslwsts 2024-2025@ respectwepUk￿iCatiONsarKI media¢XJtietsaccorrfingly. TheRoyal Visit t0kn9ht￿xGalIery. PhotowithChairofTrusteesand guestsofArtist c.2024. Photoarapher. GrahameLarter. Aneveningwith&rGrayst)n Perryat LightboxGallery,Jan2024. P￿t03rapher, Dan Kirmat￿￿ Page 35 11. Accounts Company registration number 035987331England and Wales) Charity number: 1073453 WOKING MUSEUM AND ARTS & CRAFTS CENTRE (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 RICHES & COMPANY C H A R T E A E D ACCOUNTANTS WOKING MUSEUM AND ARTS & CRAFTS CENTRE COMPANY INFORMATION Trustees Mr R G Bolton MrA Bell Mr R Browiie Mr 8 Cook Mrs N De Potter Mr C Lacey Mrs C Russell Mr J Siebert Secretary Mrs S Brown Company number 03598733 Registered office The Lightbox Chobham Road Woking Surrey GU21 4AA Auditor Riches & Company 34 Anyards Road Cobham Surrey KT112LA WOKING MUSEUM AND ARTS & CRAFTS CENTRE STRATEGIC REPORT FOR THE YEAR ENDED 31 AIARCH 2025 The dlrectois presenl the 8lralegl¢ report for Ihe year onded 31 March 2025. Revlew of thè buslness On behalf of I boa jiie Mr C L8cey Dlrector WOKING MUSEUMAND ARTS & CRAFTS CENTRE DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The direclors prèsent thèir annual report and financlal stateménls for the year Ènded 31 March 2025. Prlnelpal acllvltles The princlpal acllvlty of Ihe company and group conllrwed lo be Ihat of exhlbltlons. events, tslk8, ¢hlldren'sladull workshops and permanent local hlslory exhibitions. Results and dlvldends The results for the year are set out on page 7. Dlrgctot¥ The directors who held offlco durlng tho year and up lo the dal• of slgnature of the financlal statements werè as follows.. Mr R G Bolton MTA Bell Mr R Browne Mf B Cook Mrs N De Potter Mr C Lacey Mrs C Russe Mr J Slebert stal¢mont of dhclosure to audltor So lar as each person who was a diToclor al the dale of appfoving this report is aware. there 18 no relevanl audil inlomiallon of which the audllor of th8 company Is unawarg, Addilionally. the dSreclors individually have taken all tho necessary Glops Ihal they ought to havo taken as direclois in order to make Ihem5elves aware of all relevant audit Inlormallon and lo e8labll8h that Ihe Audllor of Ihe company Is aware ol that Informallon. On behalf heb 'Ilil Mr C Lacey Dlrector Date.. WOKING MUSEUM AND ARTS & CRAFTS CENTRE DIRECTORS, RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 The directors are responsible for preparing the Annual Report and the financial stalements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the dirèctors have eleded to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of Ihe state of affairs of the group and company, and of the profit or loss of the group for that period. In preparing these financial slalemenls, the dire¢tors are required lo.. select suitable accounting policies and then apply them consistently., make judgements and accounting eslimales that are reasonable and prudenl., slate 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 con¢em basis unless it is inappropriate to prèsume that the group and company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group's and company's transactions and disclose with reasonable accuracy at any lime the financial position of the group and company and enable them lo ensure that the finanual statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. WOKING MUSEUM AND ARTS & CRAFTS CENTRE INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF WOKING MUSEUM ANDARTS & CRAFTS CENTRE Oplnlon We have audited the financial slatemenl8 of Woking Museum and Arts & Crafts Cenlre (the 'parenl company,) and its subsidiaries (the 'group') for the year ended 31 MaiLlI 2025 which comprise the group profil 2nd loss account, the group statement of comprehensive income, the group balance sheet, the company balance sheet, the group statement of changes in equity, the company slatemenl of changes in equity, the group statement of cash flows and notes to the financial stalemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Klngdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard 8pplicabl8 in th8 UK and Republic of Ireland {Uniled Kingdom Generally A¢￿pted A¢¢ounling Practica). In our opinion the financial statements- give a true and fair view of Ihe state of the group's and the parent company's affairs as at 31 March 2025 and of the group's profil for Ihe year then ended; have been propedy prepared in accordancè with United Kingdom Generally Accepted Accx)unling Pradice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for oplnSon We conducted our audit in accordance with Intemational Standards on Auditing {UK) {ISAs (UK)) and applicable law. Our responsibililies under those standards are further descnbed in the Audilofs responsibilities for the audil ol the financial statements section of our report. We are independent of the group and parent company in accordanr with the ethical requirements that are relevant lo our audit of the financial slalemenls in the UK. including the FRC'S Ethical Standard. and we have fulfilled our olher ethical responsibilities in accordance with these requiremenls. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis lor our opinion. Concluslons relatlng to golng concem In auditing the financial slalements, we have concluded that the directors, use of th8 going concem basis of accounting in the preparation of Ihe financial statements is appropriate. Based on the work we have perfomed, we have not identified any material uncertainties relating to events or conditions that, indiwdually or collectively, may casl significant doubl on the group'5 and parent company's ability to continue as a going concern for a period of al least Iwelve months from when the financial sl8lemenls are authorised for issue. Our responsibilities and the responsibilities of Ihe directors with respect lo going ¢oncefn are described in the felevant sections of this report. Other Inforniatlon The other information comprises the information included in the annual report other than the financial statements and our audilorfs report Ihereon. The directors are responsible for the other infomiation contained within the annual report. Our opinion on the financial statemenls does not cover the other information and, except to the extent olherwisp. explicitly stated in our report, we do not express any fom of assurance conclusion Ihereon. Our responsibility is to read the olhef information and. in doing so, consider whether the other information is mAlerially inconsislenl with the financial statements or our knowledge obtained in the course of the audit, or othe￿iSe appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise lo a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the Course of our audit.. The information given in the stralegic report and the direclors, report for the financial year for which the financial statements are prepared is consislenl with the financial statements,. and The strategic report and the directors, ￿pOrt have been prepared in accordance with applicable legal requirements. WOKING MUSEUM AND ARTS & CRAFTS CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF WOKING MUSEUM AND ARTS & CRAFTS CENTRE Matters on which we are required to report by exception In the lighl of the knowledge and underslanding of the group and the parenl company and their environment obtained in the course of the audil. we have iiol identified material mis%lalements in the strategic report or the dire¢tors' report. We have nothing io report in fespect of the following matters in relation lo which the Companies Act 2006 requires us to report to you rf, in our opinion.. adequate acccunting records have not been kept by the parent company. or returns adequate for our audit have not been received from branches not visited by us., or the parent company financial statements are not in agreement with the accounting records and returns., or certain disdosures of directors. remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit. Re8ponsibilitie8 of directorn As explained more fully in the directors, responsibililies slalement. the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal cKJnlrol as the direclors determine is necessary lo enable the preparation of financial slalemenls that are free from material misslalement, whèther due to fraud or error. In preparing the financial slalemenls, the directors are responsible for assessing the parent company's ability to continue as a going Goncern, dlsclosing, as applicable, matters related to going ¢on¢ern and using the going concern basis of accounting unless the directors either intend lo liquidate the parent rA)mpany or to cease operations, or have no realistic altemative but lo do so. Audltof s responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole ara free from material misslalement, whether due to fraud or error, and lo issue an audilo¢s report that includes our opinian. Reasonable assurance is a high level ol assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always delect a material misslatement when it exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial statemenls. The exlent lo which our procedures are capable of detecllng irregularlties, including fraud, is delalled below. As part of our planning process.. We enquired of management the systems and controls the company has in place, Ihe areas of the financial statements that are mostly susceptible to the risk of irregularities and fraud, and whether there was any known, suspected or alleged fraud. We obtained an understanding of the legal and regulatory frameworks appli¢able lo the ¢ornpany. We determined that the following were most relevant.. FRS 102, Companies Act 2006, health and safety and employment law. We considered the incEntives and opportunities that exist In the company, induding the extent of management bias, which present a potential for irregularities and fraud to be perpetuated, and tailored our risk assessment accordingly. Using our knowledge of the company, together with the discussions held wllh the Company at the plannlng stage, we formed a ¢ondusion on the risk of misstatement due lo irregularities including fraud and tailored our procedures according to this risk assessment. The key procedures we undertook to detect irregularities including fraud during the course of the audit included-. Identifying and lesling journal entries and the overall accounting records, in particular Ihose that were significant and unusual. Reviewing the financial statement disclosures and determining whether accounting policies have been appropriately applied. Reviewing and challenging the assumptions and judgements used by management in their signrficant accounting estimates, in particular in relation to depreciation and impairment of fixed assets. Assessing the extent of ￿mplIanCe, or lack of, with the relevant laws and regulations. Testing key revenue lines, in particular ¢ul-off, for evidence of management bias. Obtaining third-party confimiation of materia5 bank balances. Reviewing other documenlation for irregularities induding fraud. .WOKING MUSEUM AND ARTS & CRAFTS CENTRE INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF WOKING MUSEUM AND ARTS & CRAFTS CENTRE A further descliplion ol our responslbilllles Is avallable on the Flnandal Reportlng Councll's v￿bSI1e al,. hllps.'Il www.frc.org.uklaudilorsrcsponsibilili8s. This description forms part of our audilorfs report. Use of our report Thls report is made solely to lh8 company's mèmbèrs, A8 a body, In accordance with Chapter 3 of Part 16 of Ihe Companles Act 2006. Our audlt work has been undertaken so Ihal we might slate to the company's members those matters we are requI￿d lo slate to them In an auditors report and foi no olhèr purpose. To the fullest exlenl permllted by law, we do not accept or assume responsibilily io anyone olhef than Ihe company and the company's mémbers ody. for our audil work. for this repoil, or for the oplnions we have formed. Rebecca Whlte {Senlor Statut For 8nd on behalf of Rlches & Company, Slalutory Auditor Chartèred Accounlanls 34 Anyards Road Cobham Surrey KT112L WOKING MUSEUM AND ARTS & CRAFTS CENTRE GROUP PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Turnover Cost of sales 947,831 {80,269) 906,544 (70,983) Gross profit 867,362 835,561 Administrative expenses Other operating income (833,433) 58.400 (794,823) Tax on profit Proflt forthe financlal year 92,329 40,738 Profil for the financlal year is all attributable lo the owners of the pa￿nI company. WOKING MUSEUM AND ARTS & CRAFTS CENTRE GROUP STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Profit for the year 92,329 40,738 Other comprehensive income Cash flow hedges gain arising in the year Total comprehensSve Income for the year 92,329 40,738 Total comprehensive income for the year is all allribulable lo the owners of the parent company, WOKING MUSEUMANDARTS & CRAFTS CENTRE GROUP BALANCE SHEET ASAT31 MARCH 2025 2026 2024 Nots• Flxod assèts Inlangible assets Tangible assets 14,572 13.792 14,572 13.792 Currènt as6ot8 Stocks Debtors Cash al bank and in hand 12 13 16.171 18,570 658.269 18.457 54,195 530,388 693,010 603,040 Credltors: amount8 falllng duo wlthln on• year 14 (215,719) (217.298) Nat currènt assèts 477.291 385.742 Nat a8801• 491,863 399.534 Capltal and reserv88 Called up share capltal Pioflt and loss tsserves 491.863 399,634 Total oqulty 491,863 399,534 The financial slate aTe signed o re approved by the board of directors and authorised for issue on ..... MrcL￿Y Director Company regl8tratlon number 03598733 (England and Wales) WOKING MUSEUMANDARTS & CRAFTS CENTRE COMPANY BALANCE SHEET AS AT31 MARCH 2025 2026 2024 Notss Flxed assets Tangible asse18 Inveslmenls 14.572 13,792 10 14,573 13,793 Curr•nt a•s•l• Oebtors Cash al bank and in hand 13 219,708 546.137 568,700 125,712 765,843 694,412 CTedltor8: amounts falllno due wllhln on• ar 14 (210,2301 (205,242) N•t curront a88918 555.613 489,170 Net a•$ets 670.188 502,983 apltal and ro8orvo¥ Called up share capllal Profil and loss reserves 570.188 502,963 Total equlty 570.188 502,963 As permllled by s408 Companles Acl 2008, tha wmpany has not presented ils own proffl and loss accounl and related notes. The company's profit lor the year was £67.223 (2024- £35,784 profil). These financial stat8m8nls have been prepared In accordance wlth the provlslons appllcablo lo companies 8ubl•cl to Ihe small companies reglme. The flnancial s arè slgn on temenls were approved by the board of di￿¢101$ and aulhorlsed for issue on ... If by: Mr C Lacey Dlrector Company reglslrallon number 03598733 (England and Wales) WOKING MUSEUM AND ARTS & CRAFTS CENTRE GROUP STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025 Share Profit and capital loss reserves Totsl Balance at 1 Aprfl 2023 358,796 358.796 Yearended 31 March 2024: Profit and lolal comprehensive income 40,738 40,738 8alan¢e at 31 Mar¢h 2024 399,534 399,534 Yearended 31 March 2025: Profit and lotal comprehensive income 92,329 92.329 Balance at 31 March 2025 491,863 491,863 WOKING MUSEUM ANDARTS & CRAFTS CENTRE COMPANY STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025 Share Profit and capitsl loss reserves Total 8alance at 1 Aprfl 2023 467,179 467.179 Year ended 31 March 2024: Profil and total comprehensive income for the year 35,784 35,784 Balance at 31 March 2024 502.983 502.963 Year ended 31 March 2025: Profit and total comprehensive income 67.223 67.223 Balance at 31 March 2025 570.186 570,186 WOKING MUSEUM AND ARTS & CRAFTS CENTRE GROUP STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operating actlvltles Cash generated from operations 127,881 183,601 Investing activities Purchase of tangible fixed assets (3,583) Net cash used in investing activitles (3,583) Net increase in cash and cash equivalents 127,881 180,018 Cash and cash equivalents at beginning of year 530,388 350,370 Cash and cash equivalents at end of year 658,269 530,388 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Company inforniation Woking Museum and Arts & Crafts Centre {'the company.) is a private company limited by guarantee domiciled and incorporated in England and Wales. The registered office is The Lightbox, Chobham Road, Woking, su￿ey, GU214AA. The group consists of Woking Museum and Arts & Crafts Centre and all of its subsidiaries. 1.1 Accountlng conventlon These financial slalemenls have been prepared in accordance wtlh FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. ("FRS 102°) and Ihe requirements of the Companies Acl 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded lo the nearest £. The flnanclal slalements have been prepared undar the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Basls of consolidation The cnnsolidated group financial slalemenls consist of the financial statements of the parent company Woking Museum and Arts & Crafts Centre together with all enlilies controlled by the parent company (ils subsidiaries) and Ihe group's share of its interests in joint ventures and associates. All financial statements are made up to 31 March 2025. ￿ere necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line wtth those used by other members of the group. All inlra-group transactions. balances and unrealised gains on transaction5 between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impaimient of the assel transferred. Subsidiaries are consolidated in the group's financial stalements from Ihe dale that control commences until the date that control ceases. Entities in which Ihe group holds an interest and which are jointly controlled by the group and one or more other venturer5 under a conliadual arrangement are Irealed as joint ventures. Entities other than subsidiary undertakings or joint venture5, in which the group has a participating interest and over whose operating and financial policies the group exercises a significant influcnce, are treate.d as associates. Investments in joint ventures and associales are ¢arried in the group balance sheet at Cost plus post- acquisition changes in the group's share of the net assets of the enlty. less any impairment in value. The rrying values of investments in joinl ventures and associates include acquired goodwill. If the group's share of losses in a joint venlure or associate equals of exceeds ils investment in the joint venture or associate, the group does not recognise further losses unless it has incurred obligations lo do so or has made payments on behalf of the joint venture or associate. Unrealised gains arising from transactions with joint ventures and associates are eliminated lo the exlent of the group's interest in the entity. WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continued) 1.3 Going concem At the lime of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable fvture. Thus the directors conlinue lo adopt the going concem basis of accounting in preparing the financial statements. 1.4 Tumover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The falr value of consideration tskes into account trade discounts. settlement discounts and volume rebates. INhen cash inllows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future rec*ipls. The difference belween the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed lo the buyer (usually on dispatch of the goods). the amount of revenue can be measured reliably. it is probable that the e¢onomic benefits associated with the transaction will flow to Ihe entity and the costs incurred or to be incurred in respect of the Iransadion can be measured reliably. 1.5 Tanglble fixed •ssets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, nel of depreciation and any impairment losses. Deprecialion is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. History Gallery Improvements to Property Fixlures and fittings Computer equipment 100A straight line over 10 years 10QA straight line over 10 years 33.fi straight line over 3 years 330A slraight line over 3 years The galn or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of Ihe asset, and is re¢ogni5ed in the profil and loss account. 1.6 Fixed asset investments Equity investments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably. which are recognised at cost less Impaimient until a reliable measure of fair value becomes available. In the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cosl and subsequently measured at cost less any accumulated impairment losses. A subsidiary is an entity controlled by the group. Control Is the power lo govern the financlal and operating policies of the entity so as to obtain benefits from its activities. WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) An associate is an entlty. being neither a subsidiary nor a joint venture, in which the company holds a long- term interest and where the company has significant influence. The group considers that il has significant intluence where it has the power lo partiripale in the financial and operating decisions of the associate. Investments In associates are initlally recognised at the transaction price (including transaction costs) and are subsequently adjusted to reflect the group's share of the profit or loss, other comprehensive income and equity of the associate using the equity method. Any difference betsveen the cost of acquisition and the share of the fair value of the net identifiable assets of the associate on acquisition is recognised as goodwill. Any unamortised balance of goodwill Is included in the carrying value of the investment in associates. Losses in excess of the carrying amount of an inveslmenl in an associate are recorded as a provision only when the company has incurred 18gal or constructive obligations or has made payments on behalf of the associate. In the parent company financial statements, investments in associates are accounted for at ￿$¢ less impairment. Entities in which the group has a long tem interest and shares control under a contractual arrangement are classified as jointly conlfolled entities. 1.7 Impaimient of fixed assets At each reporting period end date, the group reviews the carrying amounts of its langible assets to determine whether there is any indication that those assets have suffered an impaimient loss. If any such indication exists, the recoverable amount of the asset is estimated in order to delemiine Ihe extent of the impairment 105s {if any). Where it is not possible lo estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-gener81ing unil to which the asset belongs, The carrying amount of the investments accounted for using the equlty method is lesled for Impairment as a single asset. Any goodwill included in the carrying amount of the investment is not tested separately for impaiment. Recoverable amount is the higher of fair value less cos15 to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market asse55rnenls of the time value of money and the risks specific to the asset for which the eslimales of future cash llows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is eslimated lo be less than its carrying amounl. the carrying amount of the asset (or cash-9eneraling unil) is reduced to its recoverable amount. An impaiment loss is recognised immediately in profil or loss. unless the relevant asset is carried at a revalued amount. in which case the impaimierbt loss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impaimient loss subsequently reverses, the carrying amounl of the asset (or cash-generaling unill is increased lo the revised estimate of its recoverable amounl, but so that the increased carrying amount does not exceed the carrying amount that would have been detemined had no impairment loss been recognised for Ihe asset (or ¢ash-generaling unil) in prior years. A reversal of an impaimient loss is recognised immediately in profit or loss. unless the relevant asset is carried at a revalued amount, in which case the reversal of the impaimienl loss is Ireated as a revaluation increase. WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continuedl 1.8 Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present loc4tion and condition. Stocks held for distribution al no or nominal consideration are measured at the lower of Cost and replacement cost. adjusted where applicable for any loss of Servi￿ potential. Al each reporting dale. an assessment is made for impairment. Any excess of the carying amount of stocks over ils estimaled selling price less costs lo complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognlsed in profil or10sS. 1.9 Cash and cash equlvalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held al call wilh banks, other short-term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Financial instruments The group has elected to apply the provisions of Section 11 'Baslc Flnanclal Instruments, and Secllon 12 'Olher Financial Instruments Issues, of FRS 102 10 all of ils financial instruments. Financial instruments are recognised in the group's balance sheet when the group becomes party to the ¢ontraclual provisions of the instrument. Financial assets and liabilities are offset and Ihe nel amounts presented in the financlal statements when there is a legally enforceable right lo set off the recognised amounts and there is an intention lo settle on a nel basis or to realise the asset and settle the liability simultaneously. 8asi¢ financlal assets Basic financial assets, vthich indude debtors and cash and bank balances, are initially measured at transaclion price induding transaction cnsls and are subsequently carried at amortised Cost using the effective inleresl method unless the arrangernenl constitutes a financing transaction. where the transaction is measured at the present value of the future receipts discounted al a market rate of interest. Financial assets classified as receivable within one year are not amortlsed. Other financial assets Other financial assels, including Investments in equity instruments which are not subsidiaries. associates or joint ventures, are inrtially measured al fair value, which is nomially the transaction pri￿. Such assets are subsequently carried al fair value and the changes in fair value are recognised in profit or loss. except that investments in equity instruments Ihat are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment. WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Impairment of financial asserts Financial as5e15. other than those held at fair value through profit and loss, afe assessed for Indicators of impaimeni al each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impaimienl loss is the difference behveen the carrylng amount and the present value of the eslimaled cash flows discounted al the assel's original effective interesl rate. The impaimient loss is re¢o9nised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrylng amount would have been, had Ihe impairment not previously been recognised. The impairment reversal is recognised In profit or loss. Derecognition of financial assets Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all the risks and rewards of ownership lo another entity, or if some si9nificanl risks and rewards of ownership are retained but control of the asset has Iransferred lo another party that is able lo sell the asset in its entirety lo an unrelated third party. Classification of financial liabilitles Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract Ihal evidences a residual interest in the assets of the group after deducting all of its liabilities. Baslc finan¢lal Ilabllltles Basic financial liabilities, induding creditors, bank loans, loans from fellow group companies and preference shares that are dassified as debt, are initially recognised al transaction price unless the arrangement constitutes a financing transaclion, where the debt instrument is measured at the present value of the future payments discounted al a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective inleresl rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured al amortised cost using the effective interest method. Other financial liabilities Derivatives, including interest rate swaps and forward fo￿[gn exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the dale a derivative contract is entered into and are subsequently re-measured al their fair value. Changes in the fair value of derivatives are recognised in profil or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge. Debt instruments thal do not meet the condilions in FRS 102 paragraph 11.9 are subsequently measured al fair value through profit or loss. Debt instruments may be designated as being measured at fair value through profit or loss lo eliminate or reduce an accounting mismatch or if the instruments are measured and their performan¢e evaluated on a fair value basis In accordance with a documented risk management or investment slralegy. WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Conlinued) Derecognltlon of flnanclal Ilabilitles Financial liabilities are derecognised when the group's ￿)ntraCtUal obligations expire or are discharged or cancelled. 1.11 Equity instruments Equity instruments issued by the group are recorded al Ihe proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer al the discretion of the group. 1.12 Employee benefits The cosls of short-term employee benefits are recognised as a liability and an expense, unless those costs are required lo be recognised as part of the cost of stock or fixed assels. The cost of any unused holiday enlillement is rerA)gnised in the period in which the employee's services are received. Terrninalion benefits are recognised immediately as an expense when the company is demonstrably committed to lemiinate the employmenl of an employee or lo provide termination benefits. 1.13 Retlrement benefits Payments to defined contribution reliremenl benefit schemes are tharged as an expense as they fall due. 1.14 Leases Rentals payable under operating leases, including any lease incentives received, are charged lo profit or loss on a slraighl line basis over the temi of the felevanl lease except where another more syslemalic basis Is more representative of the time pattem in which economi¢ benefils from the leased asset are consumed. 1.15 Government grants Govemment grants are recognised al the fair value of the asset received or receivable when Ihere is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when Ihe perfomiance conditions are mel. Where a granl does not specify performance conditions il is rerAJgnised in income when the proceeds are received or receivable. A grant re￿iVed before the re¢ogniliorb Griteria are satisfied is recognised as Judgements and key sources of estlmatlon uncertainty In the application of the group's accounting policies. the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities Ihal are not readily apparent from other sources. The estimates and assorialed assumptions are based on historical experience and olher factors that are considered to be relevant. Actual results may drffer from these estimates. The estimates and underlying assumptions are reviewed on an ongolng basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only Ihat period, or in the period of the revision and future periods where Ihe revision affects both Current and future periods. WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Note Restricted Unrestricted Totsl Funds Funds Funds 2025 2026 Totsl Funds 2024 2025 Income Irom: Donations and legacies Charitable activities Other trading activities Other Income 21.674 835,744 141,718 6,895 21,674 835,744 141,718 6,895 67,190 740,616 87.087 11,651 Total Income 1.006,031 1.006,031 906,544 Expenditure on: Raising funds Charitable activities 116,612 797,090 116,612 797,090 82,133 783,673 Total Expenditure 913,702 913,702 865,806 Net expenditure before taxatlon Taxation 92,329 92,329 40,738 Transfer of funds Transfer 5,010 (5,010) Net movement In funds (5,010) 97,339 92,329 40,738 Reconciliation of funds: Total funds brought forward Nel movement in funds 5,010 (5,010) 394.524 97,339 399,534 92,329 358.796 40,738 Total fundg carried forward 491,863 491,863 399.534 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE GROUP FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 3. Income from donatlons and legacles Unrestricted Total Funds Unrestricted Funds Funds 2025 2024 Total Funds 2024 2025 Donations 21,674 21.674 67,190 67,190 4. Income from charitable activies Restricted Unrestricted Funds Funds 2025 2025 Totsl Funds 2025 Income from charitable 8¢1ivities- Exhibitions and events Income from charitable activities- Education Income from charitable activities- Project activity Incorne from charitable activities- Service income Income from charitable activities- Cost of generaling fijnds 57,488 12,409 57,486 12,409 765,849 765,849 835,744 835,744 Restrlcted Unrestrlctèd Funds Funds 2024 2024 Totsl Funds 2024 Income from charitable activities - Exhibitions and events Income from charilable activilies - Education Income from charitable activilies - Project activity Income from ¢harilable activities - Service income Income from charilable aclivilies - Cost of generating funds 44,650 15,928 44,650 15,928 680,038 680,038 740,616 740,616 5. Income from other trading Activities Unrestricted Total Funds Unrestricted Funds Funds 2025 2024 Total Funds 2024 2025 Trading Company 83,318 83.318 87,087 87.087 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 6. Other income Unrestricled Total Funds Unrestricted funds funds 2025 2024 Total Funds 2025 2024 Rents received Deposit aLxounts interest 7,500 4,151 7,500 4,151 6,895 6,895 7. Expenditure on raising funds Unrestricted Totsl Funds funds 2024 Unrestricted funds 2023 Total Funds 2024 2023 Openlng stocks Purchases Closing stocks Other costs Staff salaries Social security costs Pension costs 18,457 17,361 16,171 31,550 65.415 18,457 17,361 18,171 31,550 65,415 17,464 12,365 18,457 27.878 42,883 17,464 12,365 18,457 27,878 42,883 116,612 116,612 82,133 82,133 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 8. Analysis of expenditure on charitable activities Restricted Unrestricted Funds Funds 2025 2025 Total Funds 2025 The Lighlbox operating costs Exhibilons and Events Education Other trading activities Service costs Costs of generating funds Governance cosls Commercial trading operations 517,359 81.552 22.607 517,359 81,552 22,607 100,611 100,611 52,345 22.616 52.345 22,616 797,090 797.090 Restricted Unrestr4Cted Fund$ Funds 2024 2024 Total Funds 2024 The Lighlbox operating costs Exhibitons and Events Educalion Other trading activities Service costs Costs of generating funds Govemance costs Commercial trading operations 408,569 99.942 60.477 408,569 99,942 60,477 1,455 115,365 1.455 115.365 76.327 21,538 76,327 21.538 1.455 782.218 783,673 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 AuditoVs remuneration 2025 2024 Fees payable to the company's auditor and associates.. For audit services Audit of the financial statements of the group and company Audit of the financial statements of the company's subsidiaries 5,106 2,020 7.126 Employees The average monthly number of persons (including direclorsl employed by Ihe group and company during the year was: Group 2025 Number Company 2025 Number 2024 Number 2024 Number 27 19 23 15 Their aggregate remuneration ¢omprised'. Group 2025 Company 2025 2024 2024 Wages and salaries Social security costs Pension costs 456,116 35,880 5,590 429,895 30,250 6,357 390,701 35.880 5,590 387.012 30,250 6,357 497,586 466,502 432,171 423,619 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tangible fixed assets Group Hlstory Gall•ry Improv•m•nts Flxturè$ and to Propfrrty Ilttlngs comp￿¢¢ equlpmont Total Cost At 1 April 2024 and 31 March 2025 639.240 28.457 2,933 62.930 733.560 D•preclatlon and Impalrnient At 1 April 2024 Depreciation Charged in the year 628,768 306 27,966 (1,890) 538 587 62.496 217 719,768 (780) At 31 March 2025 629,074 26,076 1,125 62,713 718,988 Carrying amount At 31 March 2025 10,166 2.381 1,808 217 14,572 At 31 March 2024 10,472 491 2,395 434 13,792 Company Hl•tory G•ll•ry Improv•m•ni• Flxtur•• •nd to Proyrty Ilttlngo Comput•r equlpm•nt Tot•1 Cost Al 1 April 2024 and 31 March 2025 639,240 28.457 2,933 62.930 733.560 Depreciation and Impalmient At 1 April 2024 Depreciation charged in the year 628,768 306 27,966 (1,890) 538 587 62.496 217 719,768 (780) At 31 March 2025 629.074 26.076 1,125 62.713 718.988 Carrying amount At 31 March 2025 10,166 2,381 1,808 217 14,572 At 31 March 2024 10,472 491 2.395 434 13,792 10 Fixed asset investmènts Group 2025 Company 2025 2024 2024 Notes Investments in subsidiaries 11 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Fixed asset investments (Continued) Movements in fixed asset Investments Company Shares in subsidiaries Cost or valuation Al 1 April 2024 and 31 March 2025 Carying amounl Al 31 March 2025 Al 31 March 2024 11 Subsidiaries Details of the company's subsidiaries at 31 March 2025 are as follows.. Nam• Of und•rtaklr Rgglsternd offlc• Class of $har¢s held % H•ld Olfact ACC Trading LI￿ted England and Wales Ordinary 100.00 12 Stocks Group 2025 Company 2025 2024 2024 Raw materials and consumables 16,171 18,457 13 Debtors Group 2025 Company 2025 2024 2024 Amounts falllng due wlthln one year: Trade debtors Amounts owed by group undertakings Other debtors Prepayments and accrued income 3,576 28,617 1,875 204,482 5,902 7,647 12,269 528,853 12.648 14,930 7,347 7,647 12,648 14,930 18,570 54,195 219,706 568,700 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Creditors: amounts falling due wtthin one year Group 2025 Company 2025 2024 2024 Notes Trade credito Other taxation and social security Deferred income Other creditors Accruals and deferred income 10,836 663 129.500 46.889 663 110.017 9.197 50,532 6.010 37,655 15 129.500 107,858 9,197 50,532 74,720 74.720 215.719 217,298 210,230 205,242 15 Deferred Income Group 2025 Company 2025 2024 2024 Other deferred income 129.500 110,017 129,500 107,858 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Statement of funds - current year Balance at 1st April 2024 Income Transfer to Expendlture Unrestricted funds: Balance at 31st March 2025 394,524 72.233 25,106 General Funds WMACC WMACC Trading 394,524 864.313 141.718 5,010 797,090 116,612 394.524 1,006,031 5,010 913,702 491,863 ResitrGted funds NADFAS- Centreplece SEWS Innovate Arts Society Weybridge SEWS Wild Escape Arnold Clark (YC) Hedley (YC) ArtsSo¢ Cfc) John Ackroyd NLCF Young Carers Young Creatives D'oyly Carte IYC) Art & Wellbeing 662 40 310 769 61 101 153 389 3.336 10 500 662 40 310 769 61 101 153 389 3,336 10 500 5.010 5,010 Total of funds 399,534 1,006,031 913,702 491,863 WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Description of funds Durlng the year, a review was undertaken of historic restricted funds wlth small residual balancès. It was determined that these funds had been fully spent on their intended purposes in prior years, and the remaining balances have therefore been released to unrestricted funds. The movements are reflected in the Statement of Funds note. Centrepiece- {NADFASI Arts Soclety Mlnd A project involving up to seven schools, developing children's creativity and culminating in an exhibition at the Art Fund Prize Gallery during the summer holidays. SEWS Innovate An artist-led project creating visitor assets. induding a bespoke membership card, shop products designed by artists, and visitor sup4eys on signage and retail experience. Arts Society Weybrldgo Donation supporting family droFFin activities. SEWS Wild Escape Oelivered in partnership with The Art Fund, this project engaged s¢hools and families lo create sessions and an Earth Day event celebrating UK wildlife, in connection wilh the Sophie Ryder exhibition. Arnold Clark Community Fund To support Young Carers, children and young people with dlsabilities, and other disadvantaged children through workshops and storytelling activities during 2021122. Hedley Grdnt To fund materials for Young Carers workshops in 2021122. (NADFASI Arts Soclety- Young Carer8 (YC) Funding allocated lo support the Young Carets Programme in 2021122. John A¢kroyd Trust To support activities for Young Carers, Art in Mind, and Adult Carers during 2021122. Young Creatives A programme for 11-16-year-olds offering opportunities lo explore different art forms and connect with creative professlonals and peers. D'oyly Carte Funding for art and wellbeing programmes. Due to COVIO-19 restrictions preventing in-person sessions, funds were carried forward and used for Young Carers projects in 2021r22. Art & Wellbeing Funding for wellbeing initiatives and relaled stsffing In 2021r22. 18 Retlrernent benefit schemes 2025 2024 Defined contribution schemes Charge lo profil or loss in respect of defined contribution schemes 5,590 6,357 A defined contribution pension scheme is operated for all qualifying employees. The assels of the scheme are held separately from those of the group in an independently administered fund. WOKING MUSEUM AND ARTS & CRAFTS CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Analy31s of change8 in net funds - group 1 Apr512024 Cash flows31 March 2025 Cash al bank and in hand 530,388 127,881 658,269