THE WARMINSTER ATHENAEUM TRUST
FINANCIAL ACCOUNTS
for the year ended 31 July 2024
Page 1 of8

THE WARMINSTER A THENAEUM TRUST
ELECTED TRUSTEES
J Ellis (Chairnian)
A Foresti¢r-Walker
A Frostick
S James
J Arthur
APPOINTED B Y WARMINSTER TOWN COUNCIL
Cllr S Fraser
JltplacedbyJJ<wrs
Cllr C Robbins Replaced byPKeeble
Cllr J Jon¢8
Cllr P Keeble
CORRESPONDENCE ADDRESS
18 - 20 High Street
Wanninster
Wiltshtre
BA12 9AE
ACCOUNTANT
INDEPENDENT EXAMINER
RKGISTERED CHARITY NUMBER
1086353
P8ge2of8

THE WARMJNSTER A THENAEUM TRUST
ANNUAL REPORT OF THE TRUSTEESfor tIAe year eNded 31 July 2024
HISTOR Y AND OBJECTS OF THE CHARITY
A Cliaririble Trust was establi5hcd on tlic 14 Septei)Iber 20t)O with tl?e object of advanLiiig education, soci)I wclhrc. 11)d
gciieinl bencfjt iinoi)g the inliabitints of W1nninster *1nd its Su￿OllI]dI1)g Iieighbourhood. To achieve this aiiii. tlic trLlStees
were einpowered to raise flind5, Icqiiire property and expeiid fiinds s appropri1tc co the i)eed% of the Ch3i'iry.
The chirity registered is J Charitjble Trust No. 1086353 on thc 14 SePt￿nber 2000.
TRUSTEES
The Elected 2nd Co-opted Trustees who hcld office dLiring tlie year were as fouows: _
ELECTED.. _
J Ellis ICI11iniian)
CO-OPTED." _
A Fores¢iLr-W11kvr
A Fr05uck
Jiiii¢s
J Arthiir
S TLIIry
A Jacksoi)
WrtYtriil*isteY Toivii Coiiii¢ll Triis£ees -froiii May 2023 ¢0 May 2024..
Cllr P ICLLbl¢ Irttplacinb* C liobbi1151
Cllr J Joi)LS IrtrpliiCiii¥ S Fi'ii 8erl
STA TEMENT OF TRUS7EESI RESPONSIBiiJfiES
Cliii rity lilw rcqtiir¢s th¢ Trus¢ecs to preparc accoiints for each finaiicial ye.Ir which give a truc and fair vi¢iv of tl)e state of 11 ffaii's
of tlie Cliarity aiid of its fii)aiicio1 acuvitse5 for thit period.
In prepariiis tliose 1ccoiints the Tni$tecs ire required ro:
* selec¢ siiirable 1ccoullElI)% policies aiid theii .Ipply tl?en) con5isccntly
1111ke Jiidgeiiiei)ts ii)d estii)Iite5 tl)1t 1rc reasoiiablc ai?d pnidcnE
* follow tl)e recoii)iiieiid3tioiis of tlle Cliirities Co1)In)i￿10￿ ai?d of the .Iccoui)cing profc55ion witli regai'ds to form ind
concciit of ihc 1CCOlllIt5. or to disclose Jiid exp11in iiiy de￿7rti1rcS thercfroiii
prepire tli¢ fiiianLial stateiiieiits 011 tlie going ¢on¢¢ni basi5 uiIIcs5 1¢ is iiiappropriAt¢ to ￿lIttle that tl)c cl)1riry will coiitiiiue
The TrLlStees arc responsible for keeping proper accounting record5 wliich disc105¢S Wlth reisoiiablc accuncy at any tiiiie the
financi¢il p05icion of thc Ch1riry aiid to eni?ble ch¢n) ro ensiire tl)at the accouijrs coi)Iply with the disclosiir¢ regulariolis. Tliey
i1.¢ ilso rc$poi)siblc for Silfcguardiiig the assets of the Chi1rity aiid Iiei)ce For takii)g r¢asonable step5 for the pi'¢v¢i)rioii iiiid
d¢te¢tioii of fniid thnd otlier irrcgLi11ririe5.
RESERPES POLICY
The fii)i?Ii¢iil reserves which h1ve bcen set aside provide fiiiancial stabijiry and thc n)¢ai)s for thc dcvclopi1?eiit of the Cliirity's
objectives.
The TLtlStces regiilJTly review the 21nouii¢ of funds rhat ¢h¢ Cl)Jrity r¢quir￿ ￿ ensure th.It tliey are adeqtiJ¢¢ to fLilfil the
cli.Irity's COllClllLiing obli￿tions.
This report w?s ipproved by ¢he Tmstees on 7th Septciiibcr 2(r24 2nd ts Signed bchalf of them all.
Ell
(Cli4ltiii411)
Page3of8

TrIE WARMINSTER A THENAEUM TRUST
Independent Examin¢rls R¢port to the trustees of
ror the year ended 31 July 2024
I ryort on th¢ acwunts of the Tn￿l for the year ended 31 July 2024, which are set out on pages 5 to 8
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As the Charity's Trustees you are responsible for the preparation of the accounts. You Consider that the audit requirement of
section 43{2) of the Chariti&s Act 1993 (the Art) does not apply. It is my responsibility to examine the accounts, and slate on
the basis of pro¢edures specified in the General Dire¢tions given by the Charity CommissioneTh under section 43 (7)(b) of th¢
Act, whether any particular matter5 have come to my attention
BASIS OF INDEPENDENT EXAMINER REPORT
My examination was carried out in accordance with the Generdl Directions givm by the Charity Commissioners.
examination includes u review of the accountin8 records kept by the Charity and a comparison of the accounts presented with
those re¢ords. It also includes considerdtion of any unusual itert)s or disclosures in the accounts, Seeking ¢xpl&nations from
you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would b¢
required by an audit. and consequently I do not eXp￿sS an audit opinion on the view given by the accounts.
INDEPEIYDENT EXAMINER'S QUALIFIED STATEMENT
In ¢oJmecÉion with my examination, no matter has come to my attention."
(i)
which gives mc rcasonablc cause to believe that in any material respect the requirements
To keep ￿cOuntIn8 records in accordance with section 41 of the A¢t' and
to prepare accounts which accord WAth accounting records and to comply with the
a¢counting requirements of the Act
have not been met: or
(2)
to whiGM in my opinion, attention should be thavrn in order lo enable a proper understanding of the accounts to be
rearhcd
A J Field Maj RA (Retired)
95 Deverill Road
Warn)in5ter
Wiltshire BA12 9QL
6 September 2024
(date $igned)
Page4of8

THE WARMINSTEIt A THENAEUM TRUST
STATEMENT OF FINAFICIAL ACTIVITIES
for iheyear ended 31 July 2024
ST&
BH
Awards
Actlvity
Income
Restoradon
& Res¢rves
Total
Funds
Totsl
Funds
2024
2024
2024
2024
2023
INCOMING RESOURCES
In-FIouse Group Rental
Athenaeum Room Hiring
The Close Room Hiring
s￿di0 Room Hiring
Box Office & Restoration Levy
DonationslGrant8lDi8posal$
Allocation from gen ￿nd to R￿tOratiOn
T¢¢h Svc and Misc Income
Bank Interest
19,211
8,094
7,531
19,211
8,094
7,531
15,667
3,616
2,564
75
32.098
65,344
19,024
12,759
373
17.598
25J97
30,258
(loo)
19,254
2.479
19,254
2.932
16.072
453
Sub Total
88,353
353
23,972
112,677
136,560
RESOURCES EXPENDED
Telephone & Intemet
Athenaeum Light & H¢ut
Studio Costs (ele¢tri¢ity & Tnaintenance)
Close Centre (gas, electric, water & Maint)
Water I Sewage I Waste
Cleaning & Consumables
Insurance l Fire Prevention H&S
Auditorium Technical S¢rvices
Card Merchant Fe¢s
Repairs and Building Maintsnance (Ath)
Repairs and Building Maintenance (Close)
Admin. Stationery and Printing
AdvertisinE and Publicity
Subscription51Memb¢iships/Liccnces
Bank Charges
Sundry Payment5
STAJMusic Awards and Pa￿nents
New Fixed Assets
Building Rcstoration Works
Community Hub
Restoration Ph 7 (Auditorium)
Restoration Ph 8 (Backstage)
Restoration Ph 9 & 1 O (Clos¢ Integration)
Ventilation Project (Theatres Trust Grant)
Sub Total
674
11,923
2.866
6,702
2,439
7,938
7,351
17,014
207
9,296
674
11,923
2,866
6,702
2,439
7,938
7,351
17,014
207
9,296
653
14,131
4.408
2,577
5,145
8,145
14,976
104
6,499
429
309
1,966
415
217
1,345
1,400
467
5,100
209
2,868
636
830
848
209
2,868
636
830
941
2,050
11,423
7,372
865
1,228
2.364
30,015
434
93
050
11,423
7.372
865
1,228
1364
30,015
434
480
3.900
18,793
419
84,090
2.143
41,413
127,645
91,879
r4ET INCOMJNC OVER EXP£IYDrruRE
4263
{1,790)
(17,441) (14968)
44,680
BALANCES BROUGHT FORWARD
23JlS
20,843
99,015
143,373
98,693
BALANCES CARRIED FORWARD
27,778
19,053
81,574
128.405
143,373
Pag85of8

THE WARMINSTER A THENAEUM TRUST
BALANCE SHEET
at 31 Jufy 2024
2024
2023
Balance brought forward at 1st AugLJSt 2023
138,252
93,572
Plus Excess In¢omc over Expendi(ure
{14,968)
44,680
Creditors (to be paid shortly)
(1.051)
Debtors (lo be paid short]y)
842
123,284
138,252
Represented by Funds.. -
Current Account
7,130
L6,753
No 1 Gold Account
99,068
102,474
No 2 Gold STA Account
16,291
19.025
Debtors (note 11
795
123,284
138,252
Transfer required from
Notes:
1 Th1$ money Is owèd to the ST Award Account
Page6of8

THE WARMINSTER A THENAEUM TRUST
LNOTES TO THE ACCOUNTS (I)
as ai 31 July 2024
I. ACCOUNTKNG POLICIES
Bssis of PreparAtion of Accounts
The charitys accounts have been prepar￿ in accordance with applicable accowiting standards and in compliance with the
Charitie3 (A¢¢oun15 and Reports) Regulations 1995, at￿ the Statement of Recomrnended Practice "Accounting by
Charitie8"
The a¢counts have been prepared under the historical cost convention.
Funds are held on behalf of show production companies in a separate Box Office A¢cowit, these ￿lld$ are not reported as
Trust Funds. They not accounted for until the production is complete and when a sales invoi¢¢ is prepared to cover the
costs in¢urT¢d.
2. FIXED ASSETS
Freebold
Propety
Fixtur¢s. Fittings
& Fumiiure
TechniGal Equipment
(non show) (for show5) Total
Net Book Valu¢:
At l August 2021
Additions
D¢pr¢¢iation thi5 year
1.261
947
602
9.690
12,500
11,423
11,423
(5,278) (5,729)
(63)
(237)
(151)
Net Book VAlu¢ 31 July 2024
1,198
710
452
15.835
18,195
a) Tho Frc¢hold propwty is the Pratt¢n Hall Building. No a￿OUnt has been taken for the value of the
Athenaeum Cenler Maift Building* including The C105e.
b) Fixturcs, Fittings and Furni￿re includes all equipment in the Kitchen, Bar and other aTe&s.
c) Technical Equipment (non show) includes that NOT related to production of film and stage shows.
d) Technical Equipment (for show5) specifically includes equipment in the Projection Box,
Auditorium and on the Stage, relat¢d to the production of film and stage show￿.
c) Calculated depreciation costs 8r¢ not considered as expenditure I loss in the Ststement of Financial
Activities
Depreciation
D¢pTeciation is expe¢ted to write off th¢ ¢ost of the fixed assets within thcir useful lives. The rates of
d¢prcciation used during the year wer¢ a8 follows..
Freehold Property- 5Yv Reducing B&lance
FixtuT<s, Fittings & Furniture- 25Yo Reducing Balance
All T￿hnIcal Equipment- 25% Reducing balance
Page7of8

THE WARMINSTER A THENAEUM TRUST
NOTES TO THE ACCOUNTS (2)
as rtt 31 Juty 2024
3. CASH AT BANK AND IN HAND
2024
2023
Curr¢nt Account
Reserve A¢counl
Sheila Toomey Fut)d Aocount
7,130
99,068
16,291
10.072
62,976
20,227
122,489
93,275
4. DEBTORS AND CREDITORS
Creditors
Total Energies
Electri¢81 bill will be paid ID August
W&ler2busine55
C105e Water Bill (Jan to July)
Water2busin¢ss
Athetmeum WAl¢r bill (ian to July)
ST Account for ABBA Dep051t
86.55
117.69
846,40
795.00
795.(1(I
DebtOTS
Ch£t Café
u3L
WCR Radio
July Invoi¢e will be paid shortly
July Invoice will be paid yhortly
Quarterly Invoice will be pnid Shortly
550.00
102.00
190.32
842.32
5. RELATED PARTY TRANSAcfioN
No related PAry tr&nsa¢taon occurred durin8 this finAn¢iAI ycar
O. SPECIAL TRANSACTIONS
Some ring-fenced funding wa5 reallocated between fun¢t%. a5 per direction of the Trust Board.
The first floor toilet refurbishment fund was moved into th¢ dressing rooms and Phase 10 with agreement of
th¢ Friends
7. DONATIONS APID GRANTS
Donation received from The Fudge Trust to replace the Projector
£7k received from The Frien&% towards thc Dr¢&8ing Room r¢￿TbiShrnent
£lk received from Area Board low&rds the security access
Absorbed the left over monies from The Hub into The Athenaeum Iw¢ ringf¢nc¢(L
Reeeiv¢d £2.500 from Wannin5ter Town Council towards changes to Thc C105¢ Cenlre
Received further £2,350 from The Friends, £2000 towards ihe security door5 and £3YJ toward9 waisl¢oats for volunteets
Page8of8