REGISTERED COP+tPANI' TrqlTNIBER.' 04266321 (England and 11-ale$l REGISTERED CH.4RITTr' TrIU￿.[BER. 1089301 Re ort of the Trustees and Finan¢tal Statements for the Year Ettdtd 31 De¢emb¢r 2025 for Number 8 Amyoods Perrott House 17 Bridi)e Sireei Per5hor¢ WorLestershtre IIRIO IAJ Number8 Contents of the Finantial Statement5 for the l'ear Ended 31 December 2025 Page Ch*irmatt's Report Report of the Tru5tee5 Independent EIaminer's Report Statement of Financial .4ctiTrities 10 BAIADce Sheet 11 10 12 Cash Flow Statement 13 Notes to the Cash Flow StateTnent 14 Note$ to the Financial Stxt¢ments 15 to 23 Detailed Stateme￿¢ of Financial Activities 24 to 2) Number 8 Chairmall's Re ort For th¢ Year Ended 31 December 2025 l am delighted to repN)n on beh2lFof the Trnsiees of Number 8 that the N'ear ended December ?02) has been a noiable and resoundin￿ success. The Financial Direcior I￿.111 eipand upon ihe financial pcrforni8nc¢ g¢hiei'ing the f￿st surplus afttr coverin¥ depreciation since 2019 - thai is post the 2020 Covid pandemic and lock doiw). This has been a remarkable a¢hi¢vemenl when considering the challenges that Continue to impact upon our industry" in the en(ertainmenis world. SuLh challenges have been mei as aliias's b}. the hard￿orking siaff and 'ond¢rful group of yo￿Unteers. In addition. Number 8 continues EO benefit from a lojal followin¥ of eustomers. It i5 well doeumented that Pershore and the surrounding villages are extreniely fortunate to haTre a lacilitv such as Number 8 locaied on Ihe Hi￿] Streei. We no1￿ attrdct CU5r(>mtrs from further atield no doubt enticed by the manN' and ￿ar7ed activitie5 on ofter. Such acti￿l11eS are ouilined further in Ihe report. It is aoain mv prii'ilege on behalf of the Board of Trustees to thank all those a550ciaied ￿lth Number 8 in achievino a successful and remat*able performanLe in the yeiir ?02) - Number 8 is such a I￿onderfUl stoJTr'. Toni. R(Jwl¢i' Chair ol Trustees Page I Number8 Rt ort olthe Trustees For the I'tar Endcd 31 December 202 The Trustees. %￿h0 are also tlie Direciors of the charity for the purposes of the Cotnpanies Act, ait pleased to present their dnnual ieporl ioijether ith the fu)ancial stalemenis of the charirj. for tlie J'ear ended 3 I st Decemb¢r ?0? j. 0￿ECTIVEs AND STRATEGIES The objectives of ihe charitN' aTe'. To advan¢¢ th¢ ¢ducation of the publiL in all aspecis ol-dramatic an and film includino the ans of dram& mime. oper& music, sintsilliF, dttnce. paintinu thdphoiouJaph5. The developmeni of public appreciation of such art by the provision of an arts centre and tsallerv and the preEentation of public perforniances. To further the social and culturdl iTrelfare of Pershore and its hinierland and visiiors to the ￿ea. The charity has a general aim of contributing to the quality. of life of the people of Pershtsre and w'ider area bv expanding their horizons throutsh the profrision of exciting, challenging and acccs%2ble communiTh' arts eN'entS. The sirategies employ¢d to achieve the clwity s objective5 are to.. Ofler opponunities for a broad range of people to participate in arts activity and explore their own creative power5. Provide fa¢iliti¢s for arnateur and pmfessional artists to develop. Pershore Operaiic and Dramatic Sociery are the resident amateur compani, and use spaces for rehearsal and p¢rfoiinaJi¢e. Concentrate on involvingT i oung people ID the arts Ihrou&Th partlLIPdiOTr aLtivities sueh as wo]kshops and exhibition projects to help encliuraoe a culture in iihich differeni ranoes pla). a complemeniarw pan. Celebrate the diver%iti of culture5 in our society bv programmin(F preseniations by and work from anists of diflereni cultuial backgrounds. Prc%ent a broad Tange of arts work. The main areas of activiry. are.. srage pertorniances and concert5, film screenings. event cinema screenings, educational progranimes and art exhibitions. The pro￿arnMe ainis to achieve a mix ol. the arts to 5Ult a ran?e of tastes and incomes. AD ¢Khibitiun 5PaLe l¢dillres reLsular displas s ot ￿Ork b> artists both ￿dIeur and professional. Illhilst this ac11￿lty prodiices the leasi income li is of equal iTnponance in the life of Number 8 and contributes to the ambience of our fo) er coffee bar and box otyice. These ethibiiions enable local people and visiiors io Ihe toiln to see a varieTh' of "ork ii.hich thcj maj" not otheniise have the oppi)rtunit)' to see ai tsallerieg. Four iylass displa}, cabinets alloi¥ the exhibition of 3D craft5. Niimber 8 is heavilj" 1llv0l￿ed in the communitN'. Our letter headinu Captures the spirit of NuTnber 8 'inspired and led b}. the pcoplc of P¢r%horc" Number 8 has approximaiel}' 220 ￿0]UnteerS iNho assist iii ihc rllnlliniy of Niimber 8, steivardints efvenis: operating rhe box otlice, chariTh' shop, coffee shop and bar cind projectin? Iilms. This enablcs Niijnber 8 to operate effeclivelN en5Liring th￿11 NuTnber 8 is a fin£lTIClclllJ' Vll£ ble enteTpfise. Number 8 iuns a Friends of Number 8 scheme Ihrou4h l￿bICh people can support the chariTh,. "Ihere iiere 31 i Friends of Number 8 31 the ind of 20? j. Number 8 ort of the Trustees For th¢ Year F.nded 31 1)eeember 2025 STRA TEGIC REPORT AChie￿ementS & Performanee Churiioble Activiiies During 20?5 Number 8 prouyrammed i) diffeient live events, 58 event cinema screenings, *48 film screenings, 13 perforniances of ? diftereni shoii's produced bj. our resideni companN Pershore Opcratse 2nd Dramatic Socitty., and 13 tickeled perfonnances 01(Tani5ed bv hirers. Total ticketed attendances to screenings. event canema. and auditorium liNe events were 31.086. In addition io audiiorium evenis, smaller-scale events and activities were held in The Fol'er performance space, shoiicasin2 up-and-coming local perforniers, and giving the public the opportunir), to aitend free aciiviiies and evenis. These included a series of l? Fo} er Fo]k ni17ht5. Nvlth attenddnces ol- i72. regular Readers Qtroup meetinus, exhibition previeitrs, Sip &. Skeich afternoons. and 13 Language Cafes ii'iih allendances of 892. plu5 infortnal meetin(Ts of local art. phoiographj and language groups, etc. Number 8's auditoriwn pro￿am￿e in 20?) included i¥ide variety. ol e￿ents. 41 differeni eveni cinem8 title%, and 116 different films. Li￿e evenis included ihe Iheatre productions.Skerli)Lk Hi)Inie.f.' The La.fl ALI. Ill¥iile and Pru.Fti1141e.¥ Itlurry. iN..Ilc4'. and theatre productions tar. et¢d at children and families such as The Frog & Th PrinL'¢JJ. Th¢ Iktil C ur)i¥i Iv lots. and ..lJrs.4p'miiugg oi? Il'heéls. Music highlight5 included 11 Inl¢rliil¥, Cl￿SIcal concen from Orchestra of the s￿<￿. ftslk LT jlJ5 from Paitl.JoKLJi & D￿'t RL,Ili', the tribute concerts Lip.siick ki)ur Cnllar and Fleétsk'ond.,I1É7chin¥: and a perforniance from i expert in psl'chological illusion and mentalistn, Alay hlL.41eer.' AlindRgader. Our resident amaieur company Pershore Upcraiic and Dramatic Societs. put on week-long runs of their pruduciion5 PODS.. Legullp. BIIiFtd# Thi, Ilusiccil the Chtistmas variety shom PUDS.. Sicp Jnlu CliriJim¢i. The 50CELtV Fchtrarsed retsulail), I, i Number 8 throughoui ihe l'ear and made use of Ihe siorage faciliiies for arditsbe and props. technical facilities. equipment and Box Office and mork'¥iing Services for thviT shoii's. Number 8 continued to screen ivorld-class iheaiTe. ballei. and opera via satellite with seasons froin the National Theatre, The Rol'al Balle( and Rosal Opera. Audiences discovered more aboui gTreai artists in the Eyhihiiiiin on Scregn series, enjol'ed screeninJo of concLns from André Rieu, and West knd shom's including.JesH.s chri.st Likg and Billj. Ellii)i Thé ivlitsic'ul Lii'e. The c¢ntre hosted a number of different events or(Tanised bi exteTnal hirers incliidinu a biti band perfomiance from ..I'éil L'i)l#J' Ilig BuKcl, Pér.gli¢)rg J￿7￿ Ofrt a SUM￿ler's Dig., P¢15hortr Fluii'ei Club's ar￿Ual me¢iiniT and retsular UJA e¥"ents. Youni? people s ￿len1 was Sho￿.CaSed in Pershore Operaiic and Dramatic SocieN Youth Section's production of .8hYeA. The Illii.sical. and in Sho￿.5 from local schools, and dance schools. These produciions gave the cliildren and l'oun￿ people the opportunity. to experience performinLT in a protessional theaire environment i￿"11h ihe use of N'unibcT 8,5 technieal facilities and support. CornmuniN hirers, school groiips. and registered charities all benefited from discoiinted hire T1£ tes. The ?0?5 film programme w'as dtverse including screenings of criiicallN acclaiined titles such as C'()nclin'¥ and I Sweiir. dvLllmentary" ii'iili DLii'iJ.4tlenbur(Jii&,h. British films inLluding Du1￿1110￿.4bhLl.. rhe (TrufrJ(I rinale. .%hamri)Lk.fpiifIre, and ,Ilr Burtc)n, classics fhE.4parinieNI, and D(Irlin.¥. Foreign lanvuage iiiles included the aM'ard-H inning Italian drama l ermigliLI, Frcnch drarna The TasÉiKg, and the GeTnian film I A nunibeT ol. filtns iaiuettd ai )'ounuer audiences iiere screened during school liolidas's such ￿ CTiJl£lhÉiik. Elio. and.Smii¥.% wilh discounted iickei prices io make Ihem more accessible for fa￿llIes. SLhoul ¥roups #nd home educators had ihe opportunitj. lo attend free screeninus as part ol. the Into Film Fesiii'al durinti ii'hich NumbLr 8 h¢ld 3 free 5creenin¥s lor schools and Lhildren being educated at home. arrended bN over 546 cliildren in total. Page 3 Number 8 Re ort of the Trustees For the Year Endtd 31 Decem ber 2025 The programme included regular screeninus of films ih'ith sllbtiiles for those ￿lIh hearing loss. and people Thiih siJ)t loss could access audio description: IN"iih the provision of headsets, at screenings of films for ivhich audio descripiion iwas available. The proJamme also included relaled screenings iihere rhe cinema en*iTonmeni m.as adapted to be mole ii'elcoming and accessible to people w.ith additional needs. Number 8-s pro?ramme of creative courses and iN'orkshops continued io thrive in 2025 with attendances of over 5200. Courses included seTr'en i¥eekls ChdnLe 10 Dance clabses for those aoe i5+. a Genile Chance to Dance class for those iliih healih conditions. il'ho are Tehabilitatinu or have a disabiliTh' thai impacts their mobilirn.. and one-off Chance to Dance iWOTkshop5. Other adult ii"orkshops included six Pop Up Painting 1￿"0rkSh0pS thcmed around difterent artists and tyi'o Fused Glass Coaster Workshops. Monthl) Sip & Sketch afternoons took place in The Fol'er area. These are free sessions i*'hEch were open to all, whether esiablished artists or complete beginners, and offered a spac¢ ii'here people can get tO" Redeemer Catholic Prin)aTh School.. Orchard Primary School and the Vale of Eveslian) School. The l'oung ariisis, Iheir teache￿ and P¢arenls iieie invited to attend a tree Previe￿ Eveni ai Number 8. giN ing them the chance to discus8 the am4odi th1£ t the)'d been cieatinu as Pic rt of their art lessons ar school. Number 8 supports several local }"ounts people ii'ith Work E.xperience placement5 and have a Continuing nllmber of Duke ol. Edinbur(Th Aiiard candidaies. 0￿'tra]I. 20?) Nun)ber 8 offer a varied programme of ans and culiural ei'ents activities designed to eniLnain, educate. and imprO￿t ihe ￿elIbein0 of the communih.. alonu 1% iih the provision of facilities, resources, and oppominities to support the developinent ot artists and creaiive talent. Page 4 Number8 Re ort of the Tru$tee5 For the Year Ended JI Deeember 202? FÈ4ndrL7i.fing Aciii'itie5 Jn addition to raisiniy funds Ihrough iick.et income, hiTe charges and &Fallery income throutsJ ils chariiable aciiviiies. Number 8 raises funds in h4.0 other primary areas.. Caterino- FollowinLT from a verv successful ) ear in 2024, Number 8,5 catering offering aoain perfomied well. The cateriJiLT bud(Tet for ?O?i had been an intentionallj op¢imisti¢ one and, i￿h118t the budeei goal was not mei. catering income still PTovided a considerablj improved Conrribution over 2024 tl8ures. Charity. Shop - Number 8's charitv Shop (Just After 81 continues to be a veTJ" useful contributor to the organisation. ?02) sai￿ a 5niall increase in perfomance aoatnst budget but a stgnificant increase against 2024 rigures. The amount and qualiry. of doJiation5 coiitinue to be issues for us. in line i¥iih a number of ch8riry' s¢ctor shops. That said. a stron perfoniiance for ihe >'ear has been encollraoin£ and. 5 ever: the shop's eclectic Selection ol'¥Tood5 and friendls atmosphere continue to drai￿ in man}. interested customers and it remain5 a rim fixture of Numbtr 8. Financial revie The 20?5 financial perfomiance i￿.a$ good and bett¢r than expected lyl￿en the challenoes facing eniertainment venu¢s, £S￿cla]I}. the reall￿. of mani. films goinrw straiohi w sireaming or if gik'en a cinema launch bein£ available on streaming before smaller venucs. such ours, can ￿hoW the filrns. "erall. li'¢ achieved a SUTplus before depieciaiion of £44.751 comprising a surplus of £?6,749 from the Art% Centre and surplus of £18,002 from Ihe Charitw 8hop. "lThis result was £1,7 ji ahead of biidiFel. For the first lime since ihe 20?0 Pandemic we achieved a surplus aftLr depreciatlOD Charges of £837, I￿.hiCh COTnpares to a deficit of £19,069) in 20?4. Thcre i¥ere a number of one_off iteTllS of expendirure in 20?) includinrw £7.489 on roof repairs. £2,5)5 on dishiyasher repairs and £ l iio on boiler repairs. As ihe buildino conrinuc% to age. li'e expeLt to have to spend Tnore on repairs and Tnaintenance to the fabrie ol'the building. During 202) Lapilal spend il'as over£46.0011 includin¥ Ihc ncce%sar) replac¢ment of the ori(7inal £as boiler5 £39,iOO and an investnieni of £i,900 in Artifay Event Manaueinent sottl￿are, desipned ro help run Number 8 more etficienil and planned io go lii'e in summer 2026. Number 8's financial goal remains to continue to achieve breakeven, after coveriniy both necessat), timel>. repairs to the labric of the building and depreciaiion charges. NunibeT 8 has been iN"ell manatsed finiincicill J. Ihrouehout its existence and coniinues 10 have substantial cash reserves held to ix)Ih secure and ini'esi in its future. Inv'e.¥lmerttpoliL¥' Lind objeciii'es in￿c$tmcnt 15 made in aceordance with the Rules of the charl￿. and b!. the Trusiees. The Trustees have acauiious aiiitude 10 risk and do not invest in Such a iNaN' as coiild pui capital at risk. Re.%ene.s pnli Cash reseries are held to cover unforcsecn opcraiional cosis, essential maintcnance co4ts, asset replacement. and for ndiniy neNTr projeets or investments in neil. technologies. The cash reserves figure at i I. DL¢¢Tnb¢r ?0? j il'as £396.034131' December 7024 £420,787}. Page 5 Number 8 Re ort of the Trustees For the Year Ended 31 D¢¢ember ?025 Whilst the cash reserve5 figure continues to be health￿, much of ihese reserves are already allocated, assuming timely and like for like assei replacement: a5 the follo1￿"7￿U 2nal!'sis shows.. Allocaiion Asset Re lacement Like for Like).. ment- Pro ector and Screen Liuhtinu includino Statse l.jtrhiino Diuiial Soiind F. ui meni Auditorium Seatin (as is ref￿sh Ol'fiLe and Telecoms E ui ment Air Conditionin Gas Heating Boilers Sijlar Panels Fuier Refurbishmeni Furniiurt and Fittintss OthLr- caierini7 5tc1ue curtains etc. Subtotal - Asset Re lacement 26.930 30,7? j 51,9)) new in 202) 6.)8 8.44? 29,)74 318,604 Essential Mainienallce Costs UnfoTeseen O rational Needs - RoofRe airs 50.000 24,000 Subtotsl - Allocated Cash Reserves 392,604 Unallocated Cash Reserves 3,4iO Total Cash Rese￿eS 396,034 Financial and Risk Management Objectives & Policies The Trusiees have a risk managemeni strateoj which comprises.. An anniial reviem. of the risks rhe chariTh' ma). face.. The establishmeni of s!"stems and procedures to Tnitigaie th05e risk5 identified in the plan: The itnplementaiion of procedures d¢sign¢d io minimise an). potential impttci on the charity should ihose risks m￿lterialiSt. "l-he status of cu￿ent mitiqation actions is reported to ihe Board on a retsular basis. Our ke). OPLrational risks are a5 follows.. Our mosi imponant risk. bv far. continlles to be the availability of sufficient numbers ol. volunteers i¥iih appropriate skill seis. On the downside. a lack of volunieers i¥ould restrict our abiliti to ol'tcr the sen'ices 'e ¢urrenil!' provide. There is also a risk that li'e are Undble lo ¢apiialise on ne￿￿ opportuniiies thai arise. i15E Number 8 has transitioned be￿Ond Ihe dedicated foundin& team ruTmiliLT Niimber 8 on d day-lu-dav basis. there remains a need for a rel￿ ke!. volunteers 10 be involi'ed in tli¢ d¢tail. helping lo run F%umber 8 throug?h makinu small decisions and fillints gaps. Knoi¥n as 'Founder SNndrom¢ . li is a ii'c)rk-in-pro¢Jres5 to consider hoii. ￿$t tv move ioiiards ihe Board Members operaiino ai a straiegsic lei'el and a paid manatsement ieam thai operares Numbcr 8 and implemtnis the stratetiv. Dependenc). on ke) meTnbers of Staff". iTrith tt fiill complemeni of sthff the focus has becn on d¢v¢lopin ne￿ sral'l'io improve our operatina resilicnce. As our building ages there is 7£ n incTeasinu risk of unforeseen repair and maintenance costs.. M'e haN'e in plact retsular mainrenance schcdiilLS and activits.. lie A k'es" elemeni in the managenient ol'lmancial risk is rhe setting of the reserves policj and its retsularrevieii. b}. Trnstees. The trust put in the volunteeTS iN'ho handle cash has been identified as an aecepiable risk bv the Trnstets. Number 8 Re ort of the Trustees For the Year Endcd 31 December 2025 STRUCTURE, GOVERNANCE & MANAGEMENT Number 8 is a Company Limited bv Guarantee and a Regisiered Charitv, managed bv a Board of Trustees, who meet quarterly each year. Registered Cornp3Tr1' llumber (England & Wales) Regi5tertd CharÉt) number Registered Office and placc of business 04?66321 1089301 8 Flitsh Street. Pershore. Worcs. WRI O I BG Recruitment and #ppointment of new Trusteos "the Chair of the Trustet5 Tr5 elected by. the Board of Tn15tee5 and: consistent ￿1th oihei Trustees: retires after a period of3 years. Retr￿]g'[TusIees InaN' b¢ re-elected iiiih the consent of the remainino Trnstee5. During 2025 there were the folloi%inbF change lo the Trustees.. Sheila Booih - resigned 29 Mav 20?) At the end of 202), Number 8 had eleven Trnstees each of w.hom a￿ee to coniribuie £) in eveni of the chari INindints up. Induetion & Training of New Trustees Ne*￿ Tnistees iindeTÈO an orientation da5. 10 brief them on rheir legal oblieaiions under chariry. and compan}. laii". the collieni of the fvfeinorandum and Articles of Association, the decision-makino proLesses. the biisiness plan and recent financial perforniance of the charity". Dursnu the indLlCtion daN" theN" w.ill meet keTr Staff members and other frusiees. Trusiees are encouraged ro aticnd appropriaic cxicmal irnining cvcnts ii"h¢re these ￿.711 fa¢ilitai¢ the undertaking of their role. Organisatiun#l Struettsre The Compan}. has an EAecuiive CoTnmittee I￿1th deleoated poi¥ers to Tnanage the dav to day running of the busine55 and financial affairs of the COTnpanN'. The Eiecutiwe is chaired b). Anne Peebles, oiie of the ExecutI￿e Tru5tee5. and includes a mi.x of uusiees, volunieeTS and senior paid staff. The Eieculive meets monthlN' and their deliberaiiong are minllied and available to Board members. The Execuiii'e pons in deiail ro ihe Board quanerlj. The stc1ff ream is appointed bv the Board of Trusiees and ai the end of 2025 toials 6, 2 ot iihom are part-iime. TheN" tnana17e the piounmmints rnarketin(T operational, financial: and administrative activities of Number 8. TheN' are supported by Trolunteers. DurinLT ?02): there ki.ere approximaielN 290 volunteers, operating ilithtn evern area of Number 8.% activities. Voliit]letr tnanaiyers of the boi ol'lice. bar. col'fee bar. front ol-house, and chariti. shop meet quanerli. io discuss the dai-tO-daN' needs, suggestions and problems ol. Ihese department5. The recommend£ilion5 frotn thi5 manauement team are Ih¢n considered b), the Execulifve implemented as appropriate. Pale 7 Number 8 R¢ ort Ibf the Trustees For the Year Ended 31 Decernber 2025 REFERENCE AND ADMINISTRATIVE DETAILS Tru5t¢es M A Rowley A Petbles C J Tootli A Mctrcangelo K E Goddard MBE Chair of the Board of Trustees ExecuiiNe Direcior- Chair Executifve Director- Financc ExccutI￿.c Director- Volunteerine Executive Dir￿10T J P Danie15 M J Hodges R I Partridge M Paii'ses. C C Walt()n M K W'ard Wfvchavon Districi Council representsiive Indcpendent examiner Aiii*oods, I'errott Ilouse. 17 Elrid2eStreet. Pershore, Wor¢ester5hire, I￿RI O I AJ Approi'ed b}" order of the Board of Trustees on .. .............................. Sioned on behalf of the Board bl.: M A Rowle}'_ Chair of Trustees Page 8 Illde detti Examln¢r's Re ort to the Trustees of Number 8 Indepeudetlt t.i#n]itter's report to the trustees of N￿mber 8 ('the CompMn}") I retM)rt to the charitj trust¢es oil mv examination of the accounts of th¢ Conipaii)" for the )'ear ended 31 Decemb¢T 202). Responsibilities aDd basi5 of report As the chcirilN's ITUStees ol. the Companj land also lis directors for the purposes of companN law) jou are responsible for the preparation of the accounts in accordance with ihe requirements of the Companies .4¢1 "006 {'the 2006 Ael'l. Havints satlsfied m}'self that the accounts of the Companv are not required to be audited under Part 16 of ihe 2(M)6 Aci and are eli£ible for independent examination, l Tepon in respect of m! examination of ) our charip'5 accounts as cartied out undeT SeLtion 14) of the Charilies A¢t 2011 I'the '0 11 .4ci'). In Larri ing Qui m} examination I hal'e followed the Direciions given the Charity Commission under Section 145{51 Ib} of the •OI l Act. IDdependeDt exatnÉDer s statement Since )'our Charit￿,$ gross In¢ome e.xceeded £2iO.000 }our eyaminer must be a mLmbcr ot a lisicd bod&. I can confirm that I am qualitied io llndertake the examination bccausc l am a rcgistcred member of ACC A which is one ot-the listed bodies. I ha￿"e completed examination. I confirm that TK) matters hai"e come to my attention in conneciion with the examinaiion gii'ing me Cause ti) believe.. accounting records iyere not kept in respect of the Cotnyanj as required by Seetion 386 of the 2006 .4et: or the ac¢ovnis do noi accord ii'iih those records., or the accounts do noi compli. Ii'iih the accouRtin4 requirements of Section i96 of the ?006 Act otheT Ihan ani, Fequiretnent that the accounts ¥ive a true and tair view }￿hIch is not a matter considered as part ol. an independent e.xamination'. or the acLI)Lints have noi betn prepared in accordance with rhe methods and principles of the Statement of Recommended Practice for accouniing and rewning b> charities {applicable to charities preparing their accounts in accordance iTrith the Financial Reporting Standard applicable in the IIK and Republic of Ireland IFRS 10211. I have no concems and haye come acTOSS no other matters in connection iN'ith the examination to ivhich attention shoiild be draivn in this report in order to enable a proper Unde￿landIrtg of the accounis to be rea¢hed. Lllcj Il'atkins ACCA Attwoods Perroti 14(yuse 17 Brid¥e Strett Pershore Il'orcesiershire WRIO 1.4J Date: . Page 9 Number 8 tatement of FinaDcial Actii'ities for ihe l'ear F.nded 31 De¢ember 2025 31.12.25 31.12.24 Total funds Unre5trirted fund Note5 INCOME A.N'D EliD01V￿lENT$ FRO￿[ Donations and leoacies 19,793 22,258 Other trading activities In￿estMent income 590567 14.995 56? 337 Total 625JS5 i99.913 EXPEIYDITI.'RE OIN Raising funds 624,518 608.98? NET IryCONIEIIEVENDITLfREI 837 19.0691 RECONCILIATIO,Y OF FIl￿'Ds Total tunds brought lorward 2,040.223 2,049.292 TOTAL FLNDS CARRIED FORII'.4RD 2,041.060 2 040,)23 The noies fomi pan of these financial stateTnenr5 Pagje 10 Number 8 BAlaDc Sheet 31 Deeember 2025 31.12.25 I nrestricted futhd 31.12.24 Total funds Not¢s FIXED ASSETS Tangible assets 1,652,996 1,650,3i3 CURRENT.4SSETS Siock_% Deb¢vrs Cash at bank and in hand 12 13 4,262 30,224 456.034 4,??5 17,319 480,787 490,520 50? 331 CRED￿oR5 Atnounis lallingi due within one year 14 1102,456) {11)4611 NET CURREIST ASSETS 388,064 i89,870 TOT.4L ASSETS LESS CL,RRENT LIABILITIES 2,041,060 2.040.223 r+4ET ASSETS 2,041,060 2.040,2?3 FITNDS Unreslric￿d funds 2,041,060 2.040,?23 TOI'AL FIIYDS 2,041,060 2,040,2?3 The charitable compaiiN is eniiiled to exemption from audit Ullder Section 477 of the Companies Act *006 for the Jtar ended 31 Dtcember ?0?5. The members hAve n(>1 ￿quired the companj to obtsin an audii of its financial statements for th¢ Jear ended 31 DeLember 20? ~) in accordanee i¥ith Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for la) ensurilliT that the charitable compan} keeps ae¢ounting reeords that COTnpls' with Section5 386 and 387 of the Companie5 .4ct ?006 and PTeparincT financial statements which gile a true and fair vie￿ of the siaie of atTairs of the charitable compan). as ai the end of each financial )'ear and of lis surplus or deficii for each financial year in accordance with Ihe quirements of Se¢tions 394 and 39% and Ki'hieh oiheriwise compli i¥ith the requiremens ot- Ihe Companies Aci ?006 relaiing to financ2al siatetnenis, so fai as applicable to the charitable companN. The notes forn) part of these financial statements Pagell mber BalADce Sheet- continued 31 Detembtr 202 The firtancial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf b).. 2Ql M A Rowley - Trustee CJToot ustee The noies fomi pan of these financial statements Number8 Cash Flow Statement for the I" r End¢d 31 Decem er 202 31.12.25 31.12?4 Notes Ca$b flo￿$ from operating #ctivitie$ Cash generated from operations 6,810 45,54) Nei cash proiided by operating aCti￿llieS 6,810 Ca5b llows from inTr'estiDg actii'ities Purchase of iangiblc ftxed assets Interest receii'ed (46,5581 14,995 {7,0191 li,-318 Net cash (used inl,'provided by ini'esting activitl¢S Change in ¢#$h #nd ¢x$h equivaltnts ttt the reporting period Cash #nd cash equivalents #t the beginning of the reporting period (24,7i31 53,834 480,787 4?6,9)3 Cash and cash equii'alent5 at the end of the reportiDg period 456,034 480,787 The notes forni part of these financial statements Page 13 Number 8 Notes to tb¢ Ca hFI StatemeDt for the l'ear Ellded 31 De¢emb¢r 2025 RECOTr4CILL4TION OF Tr4ET INCOTrIEI{EXPENDITURE) TO NET CASH FLOW FRONI OPERATING ACTIVITIES 31.12.2i 31.12.24 l'et iDCo￿e1(eYpelldTI￿rt) for the reporting period (as per the Statement of Financial Activitie5) Adjustn]e￿Il for: Depreciation charges InteTest Te¢eiN'ed IIncTease).'decrease in sto¢k5 IlncTease),.'deLTease in debio {Decreasellincrt%Lse in creditors 837 19,0691 43.915 {14.995} 137> {12.9041 lo.￿$) 44.197 Ili,318) I,IOi 3,5)9 ?1.071 Net Cash prni'ided bv oper#tions 6.810 4i.i4i AN.4LYSIS OF CII.4P+GF.S IN NI ET FITliDS Cash flow .4t 31.12.25 INei e*sb Cash at bank and in hand 480,787 24,7S3) 456,034 480,787 24,753} 456,034 Totsl 480.787 24,7531 4*6,034 The notes fomi part of these financial statemenrs Nurnber 8 Notes to the Financial Statements for the l'ear Ettded 31 December 2025 AccouNfING POLICIES Basis of prepAring the fJnADeial statemettts The financial statLments vf the charitable compank, ￿hleh is a public benefit entity, llnder FRS 102, hal'e been prepared in 2¢Lordance I￿1th the Charities SORP {FRS 1021 'Accountiri8 and Reporting b} Charities.. Statement of Recoinmended Practice applicable to chariii¢s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS IO•} leffectiN'e l JanuaTr 20191,, financial Reporting Standard 102 I-he l.inancial Reporting Standard applicable In rhe UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. It)eome All income 15 recog￿lsed in the Statement of Financial .4ctivities on¢e th¢ Charity. has entitlement to the funds, it is probable that the income be receii'ed and ihe amouni ¢an b¢ measured reliably. All income {includinq voluniaTr donations) is allocated to the gieneral fund unless oihenvise res¢ri¢ted by donor or spe¢ifiLall} desig7naied by the Trustees. R¢stri¢ted funds are furtds which the donor specificall>. restricted the purpose for which they can be used. The amount in these funds represents the monies still available for future expendiiure. Designated funds are funds ihat Ihe Trnstees have specifically designated the PUTpose for which they can be applied. The amount in these funds represents the monies #ill available for future expenditure. General funds are expendable ai the di%retion of th¢ T￿￿teeS in furtheTance of the objects of the charity. Expenditure LiabiliLi¢s are recognised as expenditure as soon as there is a legal or consiruciive obli¥aiion committinq Ihe Charity chariis to that expenditure. it l5 probable that a tran5f¢F of economic b¢n¢fit5 will be r¢4uir¢d In 5¢ttlement and the amount uf the Libligaiii)n can be measured reliablfv. Expenditure is accounied for on an accruals basis and has e12ssified undtr headings thai agoreoate all cosi related lo the cate80Tr. M'here c05t5 cannot be directl) attributed to particular headings Ihej have been allocated to activities on a basis COllSlSt¢nt w'ith the u5¢ 01.Te50ur¢es. Costs ot generating funds are the costs dir￿tlY allribviabl¢ to raising funds. The Income from fundraisints ventures is shown ￿0$s. Iviih the agsociated costs in¢luded ii'ithin ￿ndraISing cosrs. Charitable eX￿nditUre includes all costs directlj relating ¢0 the objecti￿e of the charity and the coss in￿o1Ved in supporting ihai I￿ork. lanag)¢meni and adminisiraiion costs include those Costs connected wilh managemeni of ihe charity's asse15, organisational management and administration and compliance ivith constitutional and statutory requireTnent5. Ex￿ndItUre on tnanagT¢tn¢nt and Jdminisiralion ot. the ehariij includes all expenditure not direcilv relaicd io the charitable aciil'ity ot ￿ndraising N'eniures. This also includes legal, independent examination fees and certain trust secretarial expenses. Taltgible filed #5Stts tkpr¢eiaiion is pro￿.ided at the folloiN'ing allnua] rates in order to ihTite off each asset over its estimated use￿] life. Long ￿rnI fi.xiures Refurbishmenis Leasehold iMpro￿t[nents Digitaljsound &. otliLe equipment Fumiiure & fixiures Siraight line over 2) years Straiuht line over 15 years o on cost on cosi ?5°/'O on reducingT balaiice and at varying rates on cost Page 15 Number 8 Notes to the Fin#nei#l Staiements- eolltiuued ror the Tr"e8r Ended 31 December 2025 ACCOLNTIING POLICIES- continued Stocks Stocks are N'alued at the lower of cost and net realisable value, after making due allowance for obsoleTr and slow moving items. Taxai&on The charity is exempt from corporation tax on its Charitable a¢tLVities. Fund accounting UnTesiri¢ted tunds ¢an be used in aceordanc£ with the charitable objectiTres at the discretion of the trustees. Restricted funds can only be used for particular restricted PUTwses I￿1th1￿ ihe objects of ¢he ¢harity. Restrictions arL5e when specified b). the donor or ￿,hen funds are raised for panicular restricted puryoses. Further explanation of the naiure and purpos¢ of ¢ach ￿nd is included in the notes to the financial 5tateTnents. PetbsloD costs and other post-retiremeDt benefits The Charity charitable company operate5 a defined contribution pension Kheme. ContTibutions pa} able to the Charih s 'pension schen)e are charsTed lo the Statement of FinanLial .4itivities in the period to ivhich the) relate. Grant5 receii'ed Grants received are included in incomin8 resources iyhen tho are received. Doll#tion$ Donations recei>'ed are included in incoming resource5 when they are received. DON.4TIONS A.ND LEG.4CIES 31.12,25 31.1?.24 Donations Grants Fund Taisin¥ 14.177 3,650 1.966 ?0.061 1.77) 19,793 2•258 Grants received. included in the above. are ￿ follows= 31.12.2.5 31.12.24 W￿chaN.0n Schools exhibition Inner iwheel Elmle), lowidaiion 3.600 375 400 1.000 3,6>0 Page 16 -Notes to the Fin#n¢i41 Statements- continued for the I"eAr Ended 31 December 2025 OTHER TIL4DI.YG AcfiN'ITIES 31.12.2i 31.12.24 Charity. shop income Caterins Films, box otyjce & live event Space hire Film.bri)chure advenising Exhibition hire and comTnisSlOrt 'orkshops Nqerchandising and voucher sale Online booking fees 32,750 179099 29lJ29 29J32 4,709 3,261 30,801 7,554 10932 31.89) 167,997 280,75? 27,594 3,943 3,534 29.848 6.957 9,817 590 567 56?.337 INIESTfvIENT tNCOI¥IE 31.12.25 31.12.24 Deposit account interest 14.995 15,318 IL4ISIIN G Tr UN'DS Other trading a¢tiiities 31.12.25 31.12.24 Opening stock Purcha5e5 Closing stock Caterine Charit% shop e.xpen5es Support costs 4,225 199525 (4.262) 63J83 14,747 346900 5,i30 190,71? 14.2?5) 61.410 16.9?3 338,832 624.518 608,982 Page 17 Nu￿ber 8 Notes io th¢ FiDanciAI StgtemeDt5- Colltinued ror the l'ear EDded 31 December 2025 SUPPORT COSTS lanagement Finance Total% Raising donation5 and legacies 340.879 6.021 NET IYCOINIEI(EXPENDITIIiE) Nei incomellexpenditurel is staled after charging'(crediting)'. 31.12.25 31.12.24 Depreciation - owned assets 43,915 TRIISTEES, REI¥IUNERATION LND BEPlEF￿s There were no trustee5' remuneration or other benefjts for the v¢ar ended 31 tk¢emb¢r 2025 nor for the year ended 31 Dt¢¢mb¢r 2024. Trustees, expeD5e5 There iv¢r¥ no 31 tkecrnber ?024. trustees, expenses paid for ihe year ended 31 DecembeT 202) nor for the vear ended ST.4FF COST 31.12.25 31.12.?4 IN'aoes and salaries Social security costs Other pension Costs 170,449 8,528 3,717 167,683 10.118 3,Oi6 182,694 180,957 The ai'erage monthly llunib¢r of emploi'e¢s during the year was a5 follows.. 31.12.25 31.12.?4 No emplojees received emolutnen15 in excess of £60,000. Page 18 Number 8 Nofes to the Ftnaneial Statements- continu for the I'tar Ended 31 December 2025 10. COTrIP.4IL4TIVES FOR THE STATETrIENT OF FINAP4CL4L ACTtVlTIES Unrestricted fund TNCOP¥lE ENDow￿lE￿T5 FROM Donations and legaLies 22,258 Other trading activities Investment income 562,337 15,318 Totll i99,913 EXPETr4DITLRE O Raising fund5 608.982 NET INCOfvIF.I{EXPENDITLRE) 19.0691 RECOTr4CJLIATION OF FUNDS Toial fuThls brought forward 2,049.292 TOT.4L FUNI)S CARRIED FORW.4RD 2 040,?23 ii. TAliGIBLE FIXED ASSETS Long tern) fi.xtures Leasehold Refurbishments impro*ement COST .4t l January 2025 .Additions 27,$70 113.724 39,>07 1,907233 At 31 December 2025 27,570 153331 ,907,233 DF.PREC.-I.4Tiof+4 .4t l January ?O?- Charge foy vear 6,617 1,103 57.466 40 382,155 19,264 At 31 December 2025 7,720 6S,706 401,419 YET BOOK I'ALUE .4t ? l December 20? 87,525 luOi,814 At 31 December 2024 56.?58 1,525,078 Page 19 Yumber 8 Tr4Otes to th¢ binan¢ial Statements- contlDued ror the l'ear Lnded 31 December 2025 TANGIBLE FIXED ASSETS- colltiDued Digitalisound & olYi¢e equipm¢nt Fumiture & ljxtures Totals COST At l January 202) Addition5 IIH,604 6.662 173J32 389 2J26,463 46,458 At 31 Dec¢rnb¢r 2025 111,266 173,721 2J73,021 DEPRECIATION Ai l January. 202) Charge for N'ear 70,967 11.604 158,905 3,704 676,110 43,915 At 31 Ikcember 202) 162,609 720,D2i ET BOOK VALIIE At ! l December 02) 28,695 1,652,996 At 31 December 20?4 33,637 14,4?7 1,6iO,3i3 12. STOCKS 31.12.2 31.12.24 Stocks 4,225 13. DEBTORS: ANIOUNTS FALLING DL'E II'ITHtN ONE I'EAR 31.12.25 31.12.24 Trade debt015 Oth¢r deb1015 Prepaimenls 5,688 3.007 20,9)7 14,312 30,224 17,319 Llumber8 Notes io the Finan¢i#l Stat¢ments- ntinued f r the Tr'eAr Ended 31 December 2025 14. CREDITORS: AfwlOUNTS FALLING DLTE WITHIN ONL E I'EAR 31.12.25 31.12.24 Trade ¢rediiors Social security. and other taxe5 IIAT Oiher creditors Event hire holding a¢count Galleri.'craft holding account Li&e hire Deferred income Accrued expenses 10,112 3,967 1,087 3.962 4,747 438 3,981 4(002 28,160 20,648 4.237 10,952 3,910 6,635 603 41.766 ?3,710 102,456 11?,461 MOVETrIENT tN FIINDS Net moN"ement in funds At 31.12.25 At 1.1 ?5 Unrestricted funds General fund 2,040.223 837 2,041,060 TOTAL FI'.NDS 2,040.223 837 2.041,060 Net movement in funds, included in the above are as follows-. Incoming Te50urces Re50UTces expended oTrement in funds l.nrestricted funds General fund 625J55 (624318) 837 TOT.41_ FtINDS 625J45 {624,518) 837 Comparatil'es for rnoi'ement in fund5 Net moi."ement in ￿ndS At 31.19.24 Ai 1.1.24 L'nrestrieted funds Gelleral fund 2,049.?92 {9,069) ?.040.223 TOT.41. FtJND ? 049.?92 9,0691 2.040,•?3 Paqe?I Number8 Notes to the FiDallci41 Siatements- continued for the Tr'ear Ended 31 December 202 1¥lOWETrIE￿T If* FUNDS- continued Comparative net mL)vement in funds, tncluded in the above are as follows.. Tncoming resoiirces Resources expended loN'ement in ￿ndS [1nre$tri¢t￿ funds General tund i99,913 1608,981 19,069) TOTAL FUNDS 599,913 1608.98? 9,069) A Cu￿nt Near 12 months and prior jear 12 months combined p)silion is as follows.. mo*emeni in funds At 31.1?.2j At 1.1.24 l.'nrestri¢ted funds Gcncral ￿nd 2,049.?92 2,041,060 TOTAL FIJPIDS 2.049.?9? 18,232} 2,041.060 A current ￿ear l? months and prior year 12 moRth5 combined net movement in funds, included in the above are 2S follows.. Incoming resources Rcsourc¢s expended Nloi"ement in fund5 Ilnrtstricted furtds General fund 1,225,268 11,233,500) (8,232) TOTAI, FLTNDS 1 72 j,?68 (l ? j3,iOOI 18,?i2) Page 22 Number8 Notes to the FinADcial Ststements- continued for the l'ear Ended 31 December 2025 16. RELATED PARTY DISCLOSITRES There ii'ere no related party transactions for the year ended 31 December 20? j. Pa8e 23