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2025-07-31-accounts

CIO Number: 1083395

Keswick Film Club

Report of the Directors and Trustees

and Financial Statements for the year ended 31 August 2025

Keswick Film Club

Index to the Financial Statements for the year ended 31 August 2025

Page
Charity Information 1
Trustees' Report 2 - 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 - 9

Keswick Film Club

Charity Information for the year ended 31 August 2025

TRUSTEES:

BUSINESS ADDRESS

REGISTERED OFFICE:

CHARITY NUMBER: INDEPENDENT EXAMINER

V Ames A Martin D W Miller I M Payne T W Rennie

Alhambra Cinema St Johns Street Keswick Cumbria CA12 5AG Alhambra Cinema St Johns Street Keswick Cumbria CA12 5AG

1083395

Patricia Royall 45 Station Road Keswick Cumbria CA12 4NB

Page 1

Keswick Film Club

Report of the Trustees for the year ended 31 August 2025

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and the Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

Governing Document

On 1st March 2021 the Charity converted from a Company Limited by Guarantee to a Charitable Incorporated Organisations (CIO). It is governed by a Constitution.

Objectives

The Charity’s Articles declare the charity’s objects as the education and entertainment of the public in the arts, primarily through the medium of film. Through weekly screenings Sept - April, plus a Film Festival in Feb, and screenings in local village halls.

Trustees

The trustees who acted during the period were as follows:

Management Structure

The Trustees oversee all activities. Regular screenings are agreed by a subcommittee of the membership after input from the ‘Programmer’ (a Trustee). Film Festival is organised by the same sub-committee with input from the ‘Festival Director’ (a Trustee).

Review of the development, activities and achievements of the Company

The Keswick Film Club highlighted its 2024–2025 season with a significant milestone: the celebration of its 25th year of organising the Keswick Film Festival. This achievement reflects the club’s enduring commitment to bringing diverse and high-quality cinema to the local community, while fostering a strong cultural presence in the region.

Despite this success, the club continues to face challenges in rebuilding regular Sunday attendances, which remain lower than pre-Covid levels. Audience numbers are a crucial factor in sustaining the club’s financial health, particularly as the cost of hiring the Alhambra has risen. These pressures highlight the importance of re-engaging members and attracting new audiences to secure the long-term stability of the club.

Julia Vickers has taken over as the Film Festival director after Ian Payne stood down after 10 years in the role. We all owe a lot to him and offer our thanks here. Julia's energy and vision promise to build on the festival’s reputation and ensure its continued success. Meanwhile, the trustees have all agreed to remain in post, providing continuity and stability. Day-to-day operations are effectively managed by a smaller subcommittee, a structure that has proven efficient and supportive of the club’s wider goals.

Financially, the club recorded a noticeable reduction in funds. However, with a bank balance exceeding £20,000, this is not considered a threat to the club’s future. It does, however, serve as a timely reminder of the need to restore Sunday attendances to stem even modest losses. With strong leadership, dedicated trustees, and a loyal membership, Keswick Film Club remains well-positioned to thrive in the years ahead.

Page 2

Keswick Film Club

Report of the Trustees, contd. for the year ended 31 August 2025

Investment Policy

The Memorandum and Articles of Association of the Charity permit wide powers of investment. The Trustees should invest the money of the charity not immediately required for its purposes, in or upon such investments, securities or properties as may be thought fit.

Risk Assessment

The Trustees regularly review the risks to which the charity is exposed and consider the implications of those risks. There is no risk currently facing the charity which the Trustees consider significant.

Public Benefit Guidance

The Trustees confirm that they have complied with the duties in section 4 of the Charities Act 2006 to have due regard to the guidance published by the Charity Commission, including public benefit guidance.

Trustees Responsibilities in relation to the Financial Statements

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Acccounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:-

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are responsible for safeguarding the assets of the charity and, hence, taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE TRUSTEES

V Ames Director and Trustee Date: 11 January 2026

Page 3

Keswick Film Club

Independent Examiners Report for the year ended 31 August 2025

I report on the accounts for the Trust for the year ended 31 August 2025 which are set out on pages 5 - 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year, under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examiners report is needed.

It is my responsibility to:

Basis of independent examiners report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The proceedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.

Independent examiners' statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements to:

or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Patricia Royall 45 Station Road Keswick Cumbria CA12 4NB

Page 4

Keswick Film Club

Statement of Financial Activities
for the year ended
31 August 2025
Notes
INCOME
Voluntary income
Donations and gifts
2
Grants receivable
3
Activities for generating funds
Investment income
4
Income from
charitable activities
Film club income
5
Total income
Expenditure
Charitable activities
6
Total expenditure
Net income / (expenditure)
Total funds brought forward
Transfers between funds
Total funds carried forward
10
31 August 2025
31 August 2024
Restricted Unrestricted
Total
Total
£
£
£
£
-
76
76
501
2,115
500
2,615
-
-
-
-
-
-
366
366
352
-
36,512
36,512
33,040
2,115
37,454
39,569
33,893
2,115
39,023
41,138
33,777
2,115
39,023
41,138
33,777
-
(1,569)
(1,569)
116
-
25,753
25,753
25,637
-
-
-
-
-
24,184
24,184
25,753

There were no gains or losses in the year to 31 August 2025 other than those included above.

The notes form part of these financial statements

Page 5

Keswick Film Club

Balance Sheet
as at
31 August 2025
Notes
Current Assets
Cash at bank and in hand
Creditors: amounts falling due within one year
Creditors and accruals
8
Net Current Assets
Total Assets less Current Liabilities
Creditors: amounts falling due in more than one
NET ASSETS
10
Funds
Unrestricted funds
Restricted funds
9
31 August 2025
£
£
24,764
24,764
580
24,184
24,184
year
-
24,184
24,184
-
24,184
31 August 2024
£
£
26,121
26,121
368
25,753
25,753
-
25,753
25,753
-
25,753

Page 6

Keswick Film Club

Notes to the Financial Statements for the year ended 31 August 2025

1 Accounting Policies

Statement of compliance

The accounts have been prepared in accordance with the Charities Act 2011, and the Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Basis of preparation

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Tangible Fixed Assets and Depreciation

Assets used for charitable purposes, with an expected useful life exceeding one year, are capitalised on the balance sheet. Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life:

Computers 33.34% on reducing balance Fixtures, Fittings and Equipment 25% on reducing balance

Income

Income consists of grants received and income from promotions, accounted for on a receivable basis. Where income is received for a specific purpose, as defined by the donor, this income is classed as restricted. Income received towards the general objects of the charity is classed as unrestricted.

Expenditure

Expenditure is accounted for on an accruals basis. Where it relates to a specific project it is allocated to that project as restricted expenditure. Expenditure that relates to the objects of the charity is classified as charitable activities. Any legal or professional costs are classified as governance costs. The costs of generating funds are separately indentified.

Funds

General funds are those where no restrictions have been placed upon the specific spending of the funds by the donor. Designated funds are those funds where the directors have chosen to earmark general funds for a specfic purpose. Restricted funds are those funds where the donation is received for a specific purpose as set out by the donor.

2 Payment to Accountants

The payment to the accountants included in the expenditure is split as follows:

Payment for preparation of accounts
Payment for Independent Examination
2025
£
235
-
235
2024
£
200
-
200

Page 8

Keswick Film Club

Notes to the Financial Statements for the year ended 31 August 2025

31 August 2025 31 August 2025
Restricted Unrestricted Designated Total
31 August 2024
£ £ £ £
£
2 Donations and gifts
Sundry donations - 76 76
501
- 76 - 76
501
3 Grants receivable
Film Hub North
Keswick Town Council
Reghed
1,800
315
-
-
-
500
1,800
-
315
-
500
-
2,115 500 - 2,615
-
4 Investment income
Bank interest received
- 366 - 366
352
- 366 - 366
352
5 Film club income
Advertising and sundry income
Membership income
Ticket sales
-
-
-
2
2,260
34,250
-
-
-
2
100
2,260
1,360
34,250
31,580
- 36,512 - 36,512
33,040
6 Charitable activities
Direct costs
Administration
Marketing and Advertising
2,115
-
-
27,362
10,612
1,049
-
-
-
29,477
26,046
10,612
6,565
1,049
1,166
2,115 39,023 - 41,138
33,777

7 Trustee Remuneration and Expenses

No remuneration directly or indirectly out of the funds of the charity was paid or payable for the year to any trustee or to any person or persons known to be connected with any of them.

No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the year.

8 Creditors: amounts falling due within one year

Trade creditors 31 August 2025
£
580
31 August 2024
£
368
580 368

Page 9

Keswick Film Club

Notes to the Financial Statements for the year ended 31 August 2025

9
Funds
Projects & Restricted funds
Film Festival Youth Project
10
Net Assets by fund
Tangible fixed assets
Investments
Current assets
Creditors: amounts falling due
within one year
Total net assets
At
Incoming
Outgoing
At
1 September
2024
Resources Resources
31 August
2025
£
£
£
£
-
2,115
(2,115)
-
-
2,115
(2,115)
-
Restricted
Unrestricted Designated
Total
£
£
£
£
-
-
-
-
-
-
-
-
-
24,764
-
24,764
-
(580)
-
(580)
-
24,184
-
24,184

11 Members liability

The liability of the members is limited. Every member of the charity undertakes to contribute to the assets of the charity in the event of the organisation being wound up while he or she is a member, or within one year after he or she ceases to be a member, for payment of the debts and liabilities of the charity contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, but not exceeding £1.

Page 10

CIO Number: 1083395

Keswick Film Club

Report of the Directors and Trustees

and Financial Statements for the year ended 31 August 2025

Keswick Film Club

Index to the Financial Statements for the year ended 31 August 2025

Page
Charity Information 1
Trustees' Report 2 - 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 - 9

Keswick Film Club

Charity Information for the year ended 31 August 2025

TRUSTEES:

BUSINESS ADDRESS

REGISTERED OFFICE:

CHARITY NUMBER: INDEPENDENT EXAMINER

V Ames A Martin D W Miller I M Payne T W Rennie

Alhambra Cinema St Johns Street Keswick Cumbria CA12 5AG Alhambra Cinema St Johns Street Keswick Cumbria CA12 5AG

1083395

Patricia Royall 45 Station Road Keswick Cumbria CA12 4NB

Page 1

Keswick Film Club

Report of the Trustees for the year ended 31 August 2025

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and the Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

Governing Document

On 1st March 2021 the Charity converted from a Company Limited by Guarantee to a Charitable Incorporated Organisations (CIO). It is governed by a Constitution.

Objectives

The Charity’s Articles declare the charity’s objects as the education and entertainment of the public in the arts, primarily through the medium of film. Through weekly screenings Sept - April, plus a Film Festival in Feb, and screenings in local village halls.

Trustees

The trustees who acted during the period were as follows:

Management Structure

The Trustees oversee all activities. Regular screenings are agreed by a subcommittee of the membership after input from the ‘Programmer’ (a Trustee). Film Festival is organised by the same sub-committee with input from the ‘Festival Director’ (a Trustee).

Review of the development, activities and achievements of the Company

The Keswick Film Club highlighted its 2024–2025 season with a significant milestone: the celebration of its 25th year of organising the Keswick Film Festival. This achievement reflects the club’s enduring commitment to bringing diverse and high-quality cinema to the local community, while fostering a strong cultural presence in the region.

Despite this success, the club continues to face challenges in rebuilding regular Sunday attendances, which remain lower than pre-Covid levels. Audience numbers are a crucial factor in sustaining the club’s financial health, particularly as the cost of hiring the Alhambra has risen. These pressures highlight the importance of re-engaging members and attracting new audiences to secure the long-term stability of the club.

Julia Vickers has taken over as the Film Festival director after Ian Payne stood down after 10 years in the role. We all owe a lot to him and offer our thanks here. Julia's energy and vision promise to build on the festival’s reputation and ensure its continued success. Meanwhile, the trustees have all agreed to remain in post, providing continuity and stability. Day-to-day operations are effectively managed by a smaller subcommittee, a structure that has proven efficient and supportive of the club’s wider goals.

Financially, the club recorded a noticeable reduction in funds. However, with a bank balance exceeding £20,000, this is not considered a threat to the club’s future. It does, however, serve as a timely reminder of the need to restore Sunday attendances to stem even modest losses. With strong leadership, dedicated trustees, and a loyal membership, Keswick Film Club remains well-positioned to thrive in the years ahead.

Page 2

Keswick Film Club

Report of the Trustees, contd. for the year ended 31 August 2025

Investment Policy

The Memorandum and Articles of Association of the Charity permit wide powers of investment. The Trustees should invest the money of the charity not immediately required for its purposes, in or upon such investments, securities or properties as may be thought fit.

Risk Assessment

The Trustees regularly review the risks to which the charity is exposed and consider the implications of those risks. There is no risk currently facing the charity which the Trustees consider significant.

Public Benefit Guidance

The Trustees confirm that they have complied with the duties in section 4 of the Charities Act 2006 to have due regard to the guidance published by the Charity Commission, including public benefit guidance.

Trustees Responsibilities in relation to the Financial Statements

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Acccounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:-

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are responsible for safeguarding the assets of the charity and, hence, taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE TRUSTEES

V Ames Director and Trustee Date: 11 January 2026

Page 3

Keswick Film Club

Independent Examiners Report for the year ended 31 August 2025

I report on the accounts for the Trust for the year ended 31 August 2025 which are set out on pages 5 - 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year, under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examiners report is needed.

It is my responsibility to:

Basis of independent examiners report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The proceedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.

Independent examiners' statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements to:

or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Patricia Royall 45 Station Road Keswick Cumbria CA12 4NB

Page 4

Keswick Film Club

Statement of Financial Activities
for the year ended
31 August 2025
Notes
INCOME
Voluntary income
Donations and gifts
2
Grants receivable
3
Activities for generating funds
Investment income
4
Income from
charitable activities
Film club income
5
Total income
Expenditure
Charitable activities
6
Total expenditure
Net income / (expenditure)
Total funds brought forward
Transfers between funds
Total funds carried forward
10
31 August 2025
31 August 2024
Restricted Unrestricted
Total
Total
£
£
£
£
-
76
76
501
2,115
500
2,615
-
-
-
-
-
-
366
366
352
-
36,512
36,512
33,040
2,115
37,454
39,569
33,893
2,115
39,023
41,138
33,777
2,115
39,023
41,138
33,777
-
(1,569)
(1,569)
116
-
25,753
25,753
25,637
-
-
-
-
-
24,184
24,184
25,753

There were no gains or losses in the year to 31 August 2025 other than those included above.

The notes form part of these financial statements

Page 5

Keswick Film Club

Balance Sheet
as at
31 August 2025
Notes
Current Assets
Cash at bank and in hand
Creditors: amounts falling due within one year
Creditors and accruals
8
Net Current Assets
Total Assets less Current Liabilities
Creditors: amounts falling due in more than one
NET ASSETS
10
Funds
Unrestricted funds
Restricted funds
9
31 August 2025
£
£
24,764
24,764
580
24,184
24,184
year
-
24,184
24,184
-
24,184
31 August 2024
£
£
26,121
26,121
368
25,753
25,753
-
25,753
25,753
-
25,753

Page 6

Keswick Film Club

Notes to the Financial Statements for the year ended 31 August 2025

1 Accounting Policies

Statement of compliance

The accounts have been prepared in accordance with the Charities Act 2011, and the Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Basis of preparation

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Tangible Fixed Assets and Depreciation

Assets used for charitable purposes, with an expected useful life exceeding one year, are capitalised on the balance sheet. Depreciation is provided at the following annual rates in order to write off each asset over its expected useful life:

Computers 33.34% on reducing balance Fixtures, Fittings and Equipment 25% on reducing balance

Income

Income consists of grants received and income from promotions, accounted for on a receivable basis. Where income is received for a specific purpose, as defined by the donor, this income is classed as restricted. Income received towards the general objects of the charity is classed as unrestricted.

Expenditure

Expenditure is accounted for on an accruals basis. Where it relates to a specific project it is allocated to that project as restricted expenditure. Expenditure that relates to the objects of the charity is classified as charitable activities. Any legal or professional costs are classified as governance costs. The costs of generating funds are separately indentified.

Funds

General funds are those where no restrictions have been placed upon the specific spending of the funds by the donor. Designated funds are those funds where the directors have chosen to earmark general funds for a specfic purpose. Restricted funds are those funds where the donation is received for a specific purpose as set out by the donor.

2 Payment to Accountants

The payment to the accountants included in the expenditure is split as follows:

Payment for preparation of accounts
Payment for Independent Examination
2025
£
235
-
235
2024
£
200
-
200

Page 8

Keswick Film Club

Notes to the Financial Statements for the year ended 31 August 2025

31 August 2025 31 August 2025
Restricted Unrestricted Designated Total
31 August 2024
£ £ £ £
£
2 Donations and gifts
Sundry donations - 76 76
501
- 76 - 76
501
3 Grants receivable
Film Hub North
Keswick Town Council
Reghed
1,800
315
-
-
-
500
1,800
-
315
-
500
-
2,115 500 - 2,615
-
4 Investment income
Bank interest received
- 366 - 366
352
- 366 - 366
352
5 Film club income
Advertising and sundry income
Membership income
Ticket sales
-
-
-
2
2,260
34,250
-
-
-
2
100
2,260
1,360
34,250
31,580
- 36,512 - 36,512
33,040
6 Charitable activities
Direct costs
Administration
Marketing and Advertising
2,115
-
-
27,362
10,612
1,049
-
-
-
29,477
26,046
10,612
6,565
1,049
1,166
2,115 39,023 - 41,138
33,777

7 Trustee Remuneration and Expenses

No remuneration directly or indirectly out of the funds of the charity was paid or payable for the year to any trustee or to any person or persons known to be connected with any of them.

No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the year.

8 Creditors: amounts falling due within one year

Trade creditors 31 August 2025
£
580
31 August 2024
£
368
580 368

Page 9

Keswick Film Club

Notes to the Financial Statements for the year ended 31 August 2025

9
Funds
Projects & Restricted funds
Film Festival Youth Project
10
Net Assets by fund
Tangible fixed assets
Investments
Current assets
Creditors: amounts falling due
within one year
Total net assets
At
Incoming
Outgoing
At
1 September
2024
Resources Resources
31 August
2025
£
£
£
£
-
2,115
(2,115)
-
-
2,115
(2,115)
-
Restricted
Unrestricted Designated
Total
£
£
£
£
-
-
-
-
-
-
-
-
-
24,764
-
24,764
-
(580)
-
(580)
-
24,184
-
24,184

11 Members liability

The liability of the members is limited. Every member of the charity undertakes to contribute to the assets of the charity in the event of the organisation being wound up while he or she is a member, or within one year after he or she ceases to be a member, for payment of the debts and liabilities of the charity contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributors among themselves, such amount as may be required, but not exceeding £1.

Page 10

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| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (etverthaa-that ~disclosectietow) which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or e the accounts did not accord with the accounting records; or e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. | have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. * Please delete the words in the brackets if they do not apply. Signed: Date: IONS Name: | PATRICIA KROYAKL' {| Relevant professional qualification(s) or body 1 Oct 2018

IER

Address:

S OrTATON p >

; Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose.

IER

2

Oct 2018