REGISTERED COMPANY NUMBER: 04789736 (England and Wales)
REGISTERED CHARITY NUMBER: 1102787
Re
ort of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2025
for
The Pound Arts Trust Limited
Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

The Pound Arts Trust Llmited
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
10
Notes to the Cash Flow Statement
11
Notes to the Flnancial Statements
12 to 21
Detailed Statement of Financial Activities
22 to 23

The Pound Arts Trust Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2025. The trustees have
adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice
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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our Mission
Connecting people through creativity.
Our Values
For the communities in our region to be engaged with breathtaking artistic experiences, regardless of their
background or circumstances. To be a creative catalyst and a place of refuge, discovery and nourishment for
the public and artists alike. To maintain and grow a sustainable flagship arts provision across the region that
acts as a model for excellent work that engages the soul, stimulates the mind and entertains the spirit of our
commLJnities.
Our Vision
Artistic Excellence championed across a broad range of art forms
Creativity through developing and supporting artists
Social Responsibility by fostering respect for diversity and community cohesion
Inclusion by stripping down barriers to engagement
Page 1

The Pound Arts Trust Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Signif icant activities
The Pound Arts Trust Limited delivered more than 311 performances and films, 3214 participatory arts
events and 16 exhibitions this year at The Pound arts centre and rural venues across Wiltshire and South
Gloucestershire. The Trust works in partnership with other arts organisations, schools & youth development
agencies, local authorities, community groups, volunteers and funding bodies to deliver a comprehensive
annual arts programme across the county within rural areas.
The three strands within Pound Arts are:
The Pound acts as a hub for the arts in north Wiltshire and is open 50 weeks of the year for up to 70 hours a
week and programmes performances and films, participatory events and exhibitions. It provides
performance, gallery, rehearsal, and workshop spaces for both professional and community artists. It also
houses three resident artists, in open studios, and a programme of activity designed to provide professional
development for these artists and the region's wider artistic community. It also provides support and a box
office facility to a variety of arts organisations and events.
Rural Arts Touring programmes performance and participatory arts events in villages across Wiltshire and
South Gloucestershire. This work is predominantly music and theatre based although we occasionally
programme comedylfilmlvisual arts. This work is prodU￿d in partnership with volunteer promoters in the
villages.
Festivals. We operate festivals annually..
Blue Sky Festival (June) in which we programme mainly free family-focussed events, concentrating on
music, crafts, theatre, theatre, comedy, visual arts and participatory work. Workshop activity and work with
local schools feature heavily in this festival.
Magic & Mayhem Festival (November) in which we focus on cabaret, magic, mentalism, burlesque, circus,
theatre, visual arts, vintage, and dance. The events in this festival take place in a variety of venues in and
around Corsham, celebrating the historic nature of the venues with performances and events.
Both Festivals take place inlaround Corsham in a variety of venues. As well as The Pound arts centre we
present work in Corsham Town Hall, St Bartholomew's Church, The Almshouses, Springfield Campus and
others. We strive to use our Festival work to widen the reach of our programme beyond known attenders of
The Pound.
Publlc beneflt
Vvhen considering the aims of the charity the trustees have had regard to the guidance issued by the Charity
Commission on public benefit.
Page 2

The Pound Arts Trust Limited
ort of the Trustees
for the Year Ended 31 March 2025
STRATEGIC REPORT
Achievements and performance
Charitable activities
Our mission is Connecting People Through Creativity. This is how we did this in 2024-25:
2024-25 has been a challenging year for Pound Arts. We have again earned more ticket income than in any
other year in our history but this has been offset by continued high inflation which has affected all of our
expenditure. Increases in staff costs driven by increases in the Minimum Wage and Employers Nl have
further contributed to increased costs. Our core funding has remained level in nominal terms for several
years, leading to significant real terms reductions. We have combatted this through diversifying income
through increased fundraising and a strong trading performance, and continued focus on reducing costs
wherever possible, but the financial situation remains difficult. This picture is reflected in cultural
organisations throughout the country we are by no means alone in this overall picture. We have taken
action since the year end to address this, in particular securing some increases in core funding and
additional donations from new funders.
The artistic programme has again been very strong and well supported by our communities. The programme
has included star names such as Andy Parsons and Robin Ince. We have had hugely popular music such as
Phil Beer and Daphne's Fight, along with popular theatre shows presented both in the auditorium, such as
The Noise Next Door and The Handlebards, who returned to The Almshouses. Being able to present work of
this calibre throughout the year to the communities of Corsham is something to be very proud of. We have
continued to run lunchtime recitals aimed at older people and a diverse screen programme combining
independent films, foreign films and arthouse cinema. We have also continued with the popular National
Theatre screenings and have added art on screen.
We also have a gallery space which exhibits outstanding visual arts throughout the year. In this year we
presented 16 exhibitions by a diverse range of artists working across different media. Highlights included Lyn
Snow.. Stencil, a locally renowned textile artist in Wiltshire and North Somerset, and Elemental.. Susan
Derges, Christopher Bucklow, Adam Fuss, Nathaniel Faulkner and Edward Bucklow who are celebrated
luminaries in the field of contemporary camera-less photography and are represented in the collections of
the Guggenheim, V&A, MET New York.
We have three artist studios on site. Across the year, all three of whom have created their own work, run
workshops and collaborated with the trust in various ways.
The average attendance for live work (music, theatre, comedy, dance, spoken word) was 670/0. Comedy very
high attendance with many shows having extra rows added. Spoken word was also well attended and
suggests we should add more events in the future. Although average ticket sales have gone down, the
income from tickets has still gone up.
Our festivals (The Blue Sky Festival & Magic & Mayhem) run in June and November and provided family
focused events during Blue Sky and more adult audience focused events during Magic and Mayhem.
Rural touring has been more of a challenge this year as the gap be￿een funding and costs is significant,
although a number of shows were still taken out to rural venues.
We have continued to run a very significant artist support programme behind the scenes. In the reporting
period we ran theatre residencies, which saw work produced which then toured nationally. This ensures that
Corsham is playing a national role in the arts ecology of England, and that, where appropriate and possible,
we are helping artists and companies to develop their craft and business practices.
Our Creative Learning programme runs alongside all other work, and whilst we work with all ages, we have a
specific focus on the very young and the very old. In the year we had a staggering 61,154 attendances in the
year in the programme. This is a mixture of weekly events and one off projects. We continue to play a key
role in county-wide projects like Celebrating Age (providing activities for isolated older people} and FUEL
(which provides food and activity for children and young people in food poverty). Increasingly our Creative
Learning programme has a focus on using the arts for a public health benefit. Another focus has been
providing activities which promote good mental health amongst children and young people this year an
accessible music therapy suite has been created to accompany the existing music therapy suite which is
situated on the first floor of the building.
Page 3

The Pound Arts Trust Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
We continue to be involved in the drive for environmental responsibility for the cultural sector working with
Culture Declares Emergency. We are developing further the community garden and making adjustments to
our own building to reduce our own environmental impact.
We remain committed to ensuring that the festival element of our programme serves a different purpose to
the rest of our work, giving audiences a reason to visit Corsham over the intensity of the Festival period, and
during their visit to encounter local businesses and the heritage of our beautiful town.
We are grateful to Arts Council England, Wiltshire Council and Corsham Town Council, as well as several
Trusts and Foundations and individual givers for their ongoing support for our work.
Financial rev5ew
Financlal position
For the year ended 31 March 2025, the charity is reporting a deficit of £71.559 (2024.. £71.184).
Reserves policy
It is the policy of the charity to maintain cash reserves at a level equivalent to at least three months running
costs, which historically has been around £70,000. The Trustees last reviewed this policy in February 2022
and agreed that this is still an appropriate level. However, due to the challenging financial situation
described above, we have been unable to maintain reserves at this level in the last years. Our cashflow
forecasting allows us to be confident the charity remains solvent, but we recognise that we must take action
to rebuild cash reserves to this target level. We have since the year end secured significant new funds
which will improve this situation considerably, but we are unlikely to return to the full reserves level in the
25126 financial year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006.
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the
company and guarantee to contribute £1 in the event of a winding up.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04789736 {England and Wales)
Registered Charity number
1102787
Registered office
The Pound Arts Centre
Pound Pill
Corsham
Wiltshire
SN13 9HX
Trustees
K R Roynon Trustee
S A Dawes Trustee
E J Crarer Trustee
E V Catterall Trustee
A J Walton Chair
M Robertson Trustee
A H F Shepherd Trustee
J Knight Trustee (appointed 29.5.24)
M A Johnson Trustee (appointed 29.5.24)
C Parker Trustee and treasurer {appointed 1.9.24)
Page 4

The Pound Arts Trust Limited
Re
ort of the Trustees
for the Year Ended 31 March 2025
REFERENCE AND ADIVIINISTRATIVE DETAILS
Company Secretary
D R Tunney (resigned 31.8.25)
R M Hill (appointed 1.10.25)
Independent Examiner
Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR
TREASURER'S REPORT
The 2024125 financial year has presented another period of challenge for the Trust, though also one of
increased activity and recovery. Total income rose to £544,581 (2024.. £467,471), driven primarily by a
significant increase in box office income, which reached record levels, reflecting both a busy artistic
programme and strong community engagement as well as some ticket price increases. We also increased
income from grants and donations.
However, despite this growth in income, the Trust reported a deficit of £71,559 (2024.. £71,184>, with rising
costs, especially staff remuneration, performer fees, utilities, and other operational expenditure, continuing to
outpace income growth. The deficit includes the continued depreciation charge of £53,324, largely relating to
prior-year capital improvements, which is a non-cash expense. The Trust continues to budget for a break-
even position excluding depreciation and other non-cash movements.
Cash in hand reduced during the year, reflecting both the deficit position and the increased scale of
programme delivery. The Trustees recognised the emerging cash pressure early and took proactive steps to
secure additional funding to protect the organisation's liquidity and maintain operational continuity. Post year
end, the Trust successfully secured an additional £20,000 one-off grant from Corsham Town Council and
raised £20,000 through The Big Give Christmas Challenge, which along with other new donors, marks an
important step in diversifying income and expanding philanthropic support.
Public funding from Arts Council England, Wiltshire Council and Corsham Town Council has remained
stable. However, as most core funding continues at standstill levels, the gap be￿een rising costs and fixed
income remains a material financial risk. Trustees continue to monitor this closely and are committed to
addressing it through strengthened fundraising, careful programme planning, and disciplined cost control.
Overall, while the financial environment remains challenging, the Trustees are encouraged by the continued
growth in engagement and earned income, as well as the organisation's ability to secure additional financial
support when needed. The Trust remains committed to strengthening reserves and stabilising cash flow to
support long-term sustainability.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the
company directors, on .
and signed on the board's behalf by..
,qi
C Parker - Trustee
Page 5

Inde
endent Examiner's Re
ort to the Trustees of
The Pound Arts Trust Limited
Independent examiner's report to the trustees of The Pound Arts Trust Limited ('the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2025.
Responsibillties and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commission under Section 145{5) (b} of the
2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I
can confirm that l am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
Act., or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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., or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102)).
I 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.
A J Davis
The Institute of Chartered Accountants in England and Wales
Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR
Date:
Page 6

The Pound Arts Trust Limited
statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
24,157
24,157
11,659
Charitable activities
Funders
184,398
184,398
176,030
Other trading activities
Investment income
335,342
684
335,342
684
279,178
604
Total
544,581
544,581
467,471
EXPENDITURE ON
FLJnded projects
244,053
244,053
183,218
Other
372,087
372,087
355,437
Total
616,140
616 140
538,655
NET INCOMEI(EXPENDITUREI
(71,559}
(71,559)
(71,184)
RECONCILIATION OF FUNDS
Total funds brought forward
255,726
500
256,226
327,410
TOTAL FUNDS CARRIED FORWARD
184,167
500
184,667
256,226
The notes ft)rm part of these financial statements
Page 7

The Pound Arts Trust Llmlted
Balance Sheet
31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
12
208,764
208,764
251,366
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
34,979
13,615
34,979
14,115
31,717
46,257
500
48,594
500
49,094
77,974
CREDITORS
Amounts falling due within one year
14
(73,191)
(73,191)
(73,114)
NET CURRENT ASSETS
24,597)
500
24 097)
4,860
TOTAL ASSETS LESS CURRENT
LIABILITIES
184,167
500
184,667
256,226
NET ASSETS
184 167
500
184,667
256,226
FUNDS
Unrestricted funds
Restricted funds
15
184,167
500
255,726
500
TOTAL FUNDS
184,667
256,226
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and
387 of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which othe￿iSe comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
(b)
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by..
A J Waltoh - Trustee
The notes form part of these financial statements
Page 8
continued...

The Pound Arts Trust Limited
Balance Sheet- continued
31 March 2025
C Parker- Trustee
The notes form part of these financial statements
Page 9

The Pound Arts Trust Limited
Cash Flow Statement
for the Year Ended 31 March 2025
31.3.25
31.3.24
Notes
Cash flows from operating activltles
Cash generated from operations
22,104)
50,068)
Net cash used in operating activities
22,104)
50,068)
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
(10,722)
684
604
Net cash (used in)Iprovided by investing activities
10,038)
604
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
(32,142)
(49,464)
46,257
95,721
Cash and cash equivalents at the end
of the reporting period
14,115
46,257
The notes form part of these financial statements
Page10

The Pound Arts Trust Limited
Notes to the Cash Flow Statement
for the Year Ended 31 Ivlarch 2025
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.3.25
31.3.24
Net expenditure for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Increase in debtors
Increasel(decrease) in creditors
{71,559)
(71,184)
53,324
(684)
{3,262)
77
51,180
1604)
{16,248)
13,212)
Net cash used in operations
22,104)
50,068)
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
At 31.3.25
Net cash
Cash at bank and in hand
46,257
32 142)
14,115
46,257
32 142)
14,115
Total
46,257
32,142)
14,115
The notes form part of these financial statements
Page11

The Pound Arts Trust Limited
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities.. Statement of Recommended Practice 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),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds. it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Improvements to leasehold
Fixtures, fittings and equipment
Computer equipment
10% on cost
20 % on cost
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are charged to the Statement of Financial Activities in the
period to which they relate.
Page 12
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
DONATIONS AND LEGACIES
31.3.25
31.3.24
Donations
11,659
OTHER TRADING ACTIVITIES
31.3.25
31.3.24
Box office income
Facility hire
Gallery Sales
267,709
65,332
2,301
205,813
70,975
2,390
335,342
279,178
INVESTMENT INCOME
31.3.25
31.3.24
Deposit account interest
684
604
INCOME FROM CHARITABLE ACTIVITIES
31.3.25
31.3.24
Activity
Funders
Funders
184,398
176,030
184,398
176,030
Grants received, included in the above, are as ft)Ilows'.
31.3.25
31.3.24
Arts Council England
Corsham Town Council
Wiltshire council
Other ringfenced income and grants
76,823
5,000
53,898
48,677
76,823
5,000
53,898
40,759
184,398
176,480
Page13
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
FUNDED PROJECTS
Expendlture on activities, donations and legacie8
31.3.25
31.3.24
Performer and artists fees
Gallery purchases
Creative learning
Film fees and expenses
226,974
1,640
7,079
8,360
167,206
1,897
6,345
7,770
244,053
183,218
SUPPORT COSTS
Governance
costs
Finance
Totals
Other resources expended
13,912
358,175
372,087
NET INCOMEI(EXPENDITURE)
Net incomel{expenditure) is stated after chargingl{crediting):
31.3.25
31.3.24
Depreciation - owned assets
53,324
51,180
AUDITORS, REMUNERATION
31.3.25
31.3.24
Fees payable to the charity's auditors for the audit of the charity's
financial statements
Accountancy
1,835
1,693
1,597
1,475
10. TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the
year ended 31 March 2024.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Page 14
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
11. STAFF COSTS
31.3.25
31.3.24
Wages and salaries
Other pension costs
202,489
3,206
189,646
3,638
205,695
193,284
The average monthly number of employees during the year was as follows..
31.3.25
31.3.24
11
Employees
No employees received emoluments in excess of £60,000.
12. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and
equipment
Improvements
to
leasehold
Computer
equipment
Totals
COST
At 1 April 2024
Additions
432,088
116,745
10,722
3,068
551,901
10,722
At 31 March 2025
432,088
127,467
3,068
562,623
DEPRECIATION
At 1 April 2024
Charge for year
203,917
43,209
94,374
9,640
2,244
475
300,535
53,324
At 31 March 2025
247,126
104,014
2,719
353,859
NET BOOK VALUE
At 31 March 2025
184,962
23,453
349
208,764
At 31 March 2024
228 171
22,371
824
251,366
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade debtors
Other debtors
Prepayments
9,829
22,965
2,185
8,173
18,894
4,650
34,979
31,717
Page15
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2025
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade Creditors
Social security and other taxes
Accrued expenses
33,698
31,061
3,078
38,975
39,493
73,191
15. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.25
At 1.4.24
Unrestricted funds
General fund
D'oyly Carte
Gallery sales 600/0
CIC sales via box office
CWF
Storytown
SPARK
Boshier Hinton
Delemere Dairy Foundation
FUEL (Easter)
PA Funding
Thearters Trust
3rd Parties (Ad Hoc)
3rd Parties (Various)
3rd Parties (Sales)
248,466
4,450
179
355
1,174
178
924
{80,507)
(1,750)
(76)
(710)
(1,174)
(178)
{651)
1,000
1,900
3,000
379
3,433
3,029
539
207
167,959
2,700
103
(355)
273
1,000
1,900
3,000
379
3,433
3,029
539
207
255,726
(71,559)
184,167
Restricted funds
Mothers Vwho Make
500
500
TOTAL FUNDS
256,226
71,559)
184,667
Page 16
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2025
15.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
D'oyly Carte
Gallery sales 60°/.
CIC sales via box office
CWF
Storytown
SPARK
Boshier Hinton
Delemere Dairy Foundation
FUEL (Easter)
PA Funding
Thearters Trust
3rd Parties (Ad Hoc)
3rd Parties {Various}
3rd Parties (Sales)
528,018
2,700
103
(608,525)
(4,450)
{179}
{710)
(1,174)
(178)
(924)
(80,507)
{1,750)
(76)
1710)
{1,174)
1178)
1651)
1,000
1,900
3,000
379
3,433
3,029
539
207
273
1,000
1,900
3,000
379
3,433
3,029
539
207
544,581
616,140
71,559
TOTAL FUNDS
544,581
616,140)
71,559)
Page17
continued...

The Pound Arts Trust Limlted
Notes to the Financial Statements - contlnued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
Transfers
be￿een
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Corsham Town Council - Coronation
Corsham Town Council - Taste Festival
D'oyly Carte
Gallery sales 60 /0
CIC sales via box office
CWF
Storytown
SPARK
282,026
500
500
(70,459)
(500)
(500)
4,450
179
355
1,174
178
924
36,899
248,466
4,450
179
355
1,174
178
924
283,026
(64,199)
36,899
255,726
Restricted funds
Spark 2022
Local Youth Ne￿Ork
Mothers Vvho Make
Culture Welcomes Refugees
Shlomo 2023
Building Improvement AB
LED Lighting
2,000
1,057
500
848
900
2,180
36,899
(2,000)
{1,057)
500
(848)
(900)
(2,180)
36,89g)
44,384
36,899
500
TOTAL FUNDS
327,410
71,184)
256,226
Page 18
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15.
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Corsham Town Council - Coronation
Corsham Town Council - Taste Festival
D'oyly Carte
Gallery sales 60 /.
CIC sales via box office
CWF
Storytown
SPARK
467,139
(500)
(500)
4,450
179
355
1,174
178
924
{537,598)
(70,459}
{500}
{500)
4,450
179
355
1,174
178
924
473,399
{537,598)
(64,1g9)
Restricted funds
Spark 2022
Local Youth NeI￿ork
Culture Welcomes Refugees
Shlomo 2023
Building Improvement AB
(2,000)
(2,0001
(1,057)
(8481
{900}
{1,057)
(848)
(900)
2,180)
1,057)
6,985)
TOTAL FUNDS
467,471
538,655)
71,1841
Page 19
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
be￿een
funds
At
31.3.25
At 1.4.23
Unrestricted funds
General fund
Corsham Town Council - Coronation
Corsham Town Council - Taste Festival
D'oyly Carte
Gallery sales 60 %
CIC sales via box offi
SPARK
Boshier Hinton
Delemere Dairy Foundation
FUEL (Easter)
PA Funding
Theatres Trust
3rd Parties (Ad Hoc)
3rd Parties (Various)
3rd Parties (Sales)
282,026
500
500
(150,966)
(500)
{500)
2,700
103
{355)
273
1,000
1,900
3,000
379
3,433
3,029
539
207
36,899
167,959
2,700
103
(355)
273
1,000
1,900
3,000
379
3,433
3,029
539
207
283.026
(135,758)
36,899
184,167
Restricted funds
Spark 2022
Local Youth Ne￿Ork
Mothers Who Make
Culture Welcomes Refugees
Shlomo 2023
Building Improvement AB
LED Lighting
2,000
1,057
500
848
900
2,180
36,899
(2,000)
(1,057)
500
{848)
(900)
(2,180)
36,899)
44,384
6,985
36,899)
500
TOTAL FUNDS
327,410
142,743)
184,667
Page 20
continued...

The Pound Arts Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
Corsham Town Council - Coronation
Corsham Town Council - Taste Festival
D'oyly Carte
Gallery sales 600/0
CIC sales via box office
CWF
Storytown
SPARK
Boshier Hinton
Delemere Dairy Foundation
FUEL (Easter)
PA Funding
Theatres Trust
3rd Parties (Ad Hoc)
3rd Parties (Various)
3rd Parties (Sales)
995,157
{500)
(500)
7,150
282
355
1,174
178
1,197
1,000
1,900
3,000
379
3,433
3,029
539
207
(1,146,123)
(150,966)
1500)
1500)
2,700
103
(355)
(4,4501
(179)
(710)
(1,174)
{178)
{924)
273
1,000
1,900
3,000
379
3,433
3,029
539
207
1,017,980
{1,153,738)
{135,758)
Restricted funds
Spark 2022
Local Youth Ne￿Ork
Culture Welcomes Refugees
Shlomo 2023
Building Improvement AB
(2,0001
{2,000)
(1,057)
(848)
(goo)
2,180)
(1,057)
(848)
(9001
1,057)
6,9851
TOTAL FUNDS
1,012,052
(1,154,795)
142,743)
16. RELATED PARTY DISCLOSURES
Pound Arts Trading Community Interest Company is a company limited by guarantee which has the
following trustees as directors..
K R Roynon
S A Dawes
K L Crawford
A H F Shepherd
The Pound Arts Trust Limited was charged expenditure of £2,19812024.' £1,764) from Pound Arts
Trading Community Interest Company within the reporting period.
The Pound Arts Trust Limited has charged expenditure of £6,122 (2024.. £5,617) to Pound Arts
Trading Community Interest Company within the reporting period.
Included within debtors is a loan receivable to the Pound Arts Trading Community Interest Company
of £6,700. The Pound Arts Trust Limited does not intend to call in this debt in the foreseeable future.
No donations were received in the year from Pound Arts Trading Community Interest Company.
Page 21

The Pound Arts Trust Llmlted
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Donations
24,157
11,659
Other trading activities
Box office income
Facility hire
Gallery Sales
267,709
65,332
2,301
205,813
70,975
2,390
335,342
279,178
Investment income
Deposit account interest
684
604
Charitable activities
Funders
184,398
176,030
Total incoming resources
544,581
467,471
EXPENDITURE
Expenditure on activities, donations and legacies
Performer and artists fees
Gallery purchases
Creative learning
Film fees and expenses
226,974
1,640
7,079
8,360
167,206
1,897
6,345
7.770
244.053
183,218
Support costs
Finance
Booking and bank charges
13,912
12,497
Governance costs
Wages
Pensions
Independent examination fee
Accountancy
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Marketing
Administrative expenses
Computer costs
Staff and trustee training
Carried forward
202,489
3,206
1,835
1,693
9,839
3,069
21,603
2,791
518
7,375
25,942
1,862
6,150
1,666
290,038
189,646
3,638
1,597
1,475
5,510
2,626
18,960
2,260
1,059
6,882
31,515
1,420
9,453
2,458
278,499
This page does not form part of the statutory financial statements
Page 22

The Pound Arts Trust Limited
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
31.3.24
Governance costs
Brought forward
Subscriptions
Repairs and renewals
Depreciation of tangible fixed assets
290,038
2,963
11,850
53,324
278,499
4,120
9,141
51,180
358,175
342,940
Total resources expended
616,140
538,655
Net expenditure
71,5591
71,184)
This page does not form part of the statutory financial statements
Page 23