Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 REPORT OF THE TR STEE and FINANCI TATEMENTS for Ih YEAR ENDED LY 2025 For LL THEATRE LIMITED THEB Company ReglJleTed No. 05876568 Reglstered Charlty No. I106C4)6 Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 THE BUL TH ATRE U ITED ONTENTS OF THE FINAN For th Year Ended 31 Ju IAL TATEMENT Page REPORT OF THE TRUSTEES STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS PROFIT & L055 ACCOUNT io INDEPENDENT EXAMINER REPORT Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 The Bull Theatre Ltd Report of the Trustees for the Year Ended 31 July 2025 The trvslees. who are olso the directors for thè purposes of company low. present their report and the vnaudited finonciol stalements of the charity for the year ended 31 July 2025. The trustees hove adopted the provisions of Accovnting ond Reporting by Chariti8s'. Stal&menl of Recommended Practice applicoble to charitie5 preparing their accounts in accordance with Ihe Finonciol Reporting Stondord applicable in *he UK and Republic of Irelond IFRS 1021 (effective l January 20191. OBJECTIVES AND ACTIVITIES Objecllves and alms The charity's objective is to promole, mointoin, improve and odvance edvcation ond opprecialion of the dramatic arts for the public benefil. particvlady within the local community. The charity operates o community theotre and provides opportunities for individuols to enaage in theolricol productions. includina actina. directino, stooe management and technical theatre. It olso seeks to encourage participation in Ihe arls by moking performances accessible and inclv%ve. The Iheatre hosts a programme of prodvctions and events throughout the year. supporting both experienced and emerging tolent ond fostering Cfeativity within Ihe community. Publlc benefll The chority provides pvblic benefil by offering o diverse range of theotrical performonces ond cultural octivities that are accessible to the local commvnity.11 supports Ihe development of skills. confidence and creativity among participants and provides opportvnities for volunleers lo be involved in all 05pecls of Iheatre production. Page Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 Through its activities, the chority contributes to the culturol enrichment of Ihe community and promoles wider occe55 to the arts. ACHIEVEMENT AND PERFORMANCE Charitable activlties During the yeor. the chority continued lo deliver a varied Pfogromme of theatrical productions and events. engoging local perforrne￿. volunteers and audiences. The theatre has maintained its role as a community hub, providing opportunities for individuals of all ages and backgrounds to participale in live Ihealre, both on stoge and behind the scenes. The charity has benefited from the continued support and dedication of Its volunteers. whose conlributions are essentiol to the succe55ful delivery of produclions and the day-t¢>doy running of the thealre. Efforts hove also been made lo maintoin oudience engagement and encourage new porticipants. ensuring Ihe ongoing vilality and sustainability of the theotre. FINANCIAL REVIEW Flnanclal poslllon The charity regulorly holds meetings lo review its finonciol position. ongoing commitments and future plans. Income is generoled primarily through licket soles. memberships. donations and fundraising octivilies. Expenditure has been carefully manoged to ensure the continued operalion of the theatre ond the delivery of its choritable objectives. The trustees are satisfied with Ihe financial position of Ihe charity and its abilily to conlinve as a going concem. Poge Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 Reserves pollcy It is the policy of the charity to mainlain unrestricted funds at o level sufficient to support its ongoing activities and to provide o degree of financial stability. Re5erve5 are reloined lo meet operational costs. mointain Ihe Iheatre premises and ensvre thol productions and activities can conlinue without interruplion. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is a charitable compony limiled by guaranlee and is governed by 115 Memorandvm ond Articles of Association. The Irustees or8 responsible for the overoll governonca ond strat8gic direction of the charity. Twste8s are appointed in occordonce with the governing documenl and meet regvlady to oversee the charity's activitie5 and financial performonce. The day-t¢>day opefotions of the chority are largely supported by volunteers. REFERENCE AND ADMINISTRATIVE DETAILS Reglst•red charlty number 1106CXJ6 Company r•glslroHon nvmb•f 5876568 Prlnclpal address and reglslered offlce The Bull Theatre 68 High Slreet Barnel EN5 55J Poge Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 Truite S Earnshcw D Eornshow S J Smith M Da Silva M Bobwoh Ind•p•nd•nl Examln•r Hu5sein Bhoiii Nvmber5 A5s0ciales Suile H, Hollies H¢xJse 230 Hl9h Street Pollers Bar Herts, EN6 58L ApproveLbx or tser ol the board ol Iwstees on gwSI 'IKow-'Yiugiee 29 April 2026 and slgned on Sts beholl by.. MISS orn Poge Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 TATÈM FINAN Noto hJnth INCOMING VIE$OVRCE$ Incomlng from g•nwal•d Voluntary Incom• Actlvltles for Generotlng RJnth Inveslmenl Income 13.672 71.585 1S.IX 18,983 85,874 12,2 Total Incomln9 R•wurc ICO,257 I17￿57 RisouItCES EXPENDED CO￿ ol g•Mlatlng lunth Cost ol Generating Volunt¢Jy Income Choiwfjbkn ACIMN General Gov•m0￿• Cg*1 46,635 39,862 12.9)5 10,673 Olh•r knoure•i Ixp•nd•¢ Ev8nts Cost5 & Theolre Expgn$05 T&ochSng & ConsLAlancy Dopreclalion 25.19) 76,234 5,877 796 Total l•iouic•i Exp•nd•d GIIOSS PftOPIT 11.467 121.765 NIT INCOMINGI(OUTGOING) IleSOUIC .11,708 Total ￿1ndS ty¢￿h1 ftywrJd SO,122 rorAL FUNOS CARlItD FOThTAIIO 58.713 50,122 The notes fom wt ol these fin¢￿1￿ slot•ments Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 THEB THEATRE LIMITED Nole FIXED ASSETS Tan9ible A55ets 48.691 54,$68 CURRENT ASSErs Debtors Cash ol bonk 5.701 4.677 11377 4.941 CREDITORS- Amounts lolling due within on• year NET CURRENT Asstrs ?.387 10.022 TOTAL ASSITS LE55 CURRENT UABIUTIES 58.713 SO.122 FLINOS Unreslricled funds TOTAL FUNDS .713 $8.713 50.122 SO.722 Ihè charflolse Compony Ss enlllled lo èxtsmpllon from audit undgrseclion 477 01 Ih Companies Act 2QJ6 Ilhe Acll for the yety ended 31 Juty 3)25. Tha members hove nol rwuir•d th• cfiorf1a￿e ¢omp¢ny to oblain an oudlt of its finonclol talem•nt8 lor th• ygor •nd•d 31 ju￿ ￿25 in occordonco with Ser.tiAn 47A fif C.nmr>nnias Act 6. The Iruslees acknowledoes Ihwr responsitmlili8s for. 11 ensurfng Ihal lh8 compony koeps adequate occounllng recc*d5 which cOM￿Y I￿*h Secllon 386 ond 387of the Act, ond 1111 ryeporing financlal statements which give o Iru? ond fok view of th• slatè of offalrs of th• company as al Ihe &nd of eoch finonciol year ond ol its swplus ¢y deficil lor oach financial yeor in oecordoncfj with the requirements ol Section 394 ond 395. and which oth¥rwse comply with the requirement$ ol th& Act rekjting to finonciol statèments. so lu as appjicoble to tho ¢hariloble compony. These finon¢iol slalements have been yepaTed in ¢X¢￿donca wlh the speciol kwvislons for smoll companies under Part 15 of the Componies Acl XM)6 and wlh the ￿nancial Rep￿ting Slondord lor 5moll*r Enlllies leffecl¢ve Jonvory 20151. Ih&se fvnanciol stolernènts were opproved by the Board of Tru5tges on 27 Aprfl XJ26, ond ore $19ned on their beholl by. D Eqmsh(ThT Trvstèe S Eumshaw Tw5te& Poge Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 THE BUIL THEATRE LIMITED For the Year Ended 31 I. ACCOUNTING POUCIES Boils of accounmng The finonciol stolemenls have been ￿epared under the his1￿col cost convention, and in occordance wth the Financial Reporting Standard lor Smoller Enlilie5 leffecllve A￿11 2CQ81 and the Companies Act 3X)6 ond the requiremenls of the Statement of Recommended Practice. Accounting ond Rep(yting by Charflles. Incomlng f¢Movr¢ All incomino resources are included on the Stolement of Financial Activit￿S wh8n the charity Is legally enlilled lo the Income ond th8 amovnt con be qvontified wlh (eosonoble accvrocy. R•sourc•s Exp•nd•d Expendlture15 occounted l¢y on an oCCrL￿l boys and ho5 been classified under heading5 that oggregole oll costs reloled lo the colegory. Whefe costs cannot be directly allribuled lo porti¥ulor headin95 they hovè been ollocot¢d lo activilie5 On a basis consislenl with thc uso of resources. Gronls ollefed SL*blecl lo conditlons which hove not been met at the year end dote are noted os a commilmenl but not occnjed as expenditure. Tanglbl• Plx•d Ais•ts Depreciolion 15 colculoted so as lo wrfle ofl Ihe cost ot on asset. le5S it5 estimated rasldvol valve, over the uselvl economlc Ille ol thot ossel. Taxallon Thg charily is •x•mpt from corporation tax on Ils chnrftnN¥* rtp.tivitia$. Fund Ac¢+)vntlng Unreslricled funds can be used in occordance with the Ch[￿lo￿le objective5 Ot the dlscretion of Ihe twslees. Restrlcled tvnds con onty be used for ￿lICular resmcted purwes vAthln the objecls ol the charity. Restrictions orise when specified by th8 dorK)r or when funds ore iaised tor portlcular Reslricled purposes. Further explanation ol Ihe noture and purpose of each hJnd is included in the noles lo Ihe financial statements. Page Docusign Envelope ID." F3874511-352W432C-80CC-9F35ESF2F789 THE BVIL THEATR LIMITED Note the Flnoncltsl 5 .￿Lt 2. AcnvmES FOR GENERATING FUNDS 2025 Merchandising and Evgnts 71.585 85.874 INVESTMENT INCOME 24 Rent Receivod 15.1 12.200 4. TRUSTEES, REMUNERAnoN AND BENEIIYS Ih•rè w•r• no tnJsl••s' remunerotlon crf olher ljenefits for lh• •nd•d 31 Juty ￿24 nci for the year ended 31 Juty 2025. Tiust••s' exp•ni•s There were no tru5tees' exper159S F)old th• y•ocl ol Ihe Cknty 0$ r•quired by 50ctlon I XJ of KSI l Acl.. or 2. Ihe accoun15 do not o¢¢ord with those recorth.. 3. Ihe accounts do not comply wth the a￿lc(￿• ferwirornents concemlrq Ihe Itym ond contenl of o¢counts s*1 out In tho Ch(￿tleS IAc¢ounls ond Reporf51 Re9vk>lions X(k8 olher thon any rwwlremenl thot the account$ wve a'lrue and foil VI￿ which 15 nol o mott•r ¢gnsid•r•¢J at pLyl OF an indgpthnd•nl •xominnllL I hov8 no conc•ms ond hove come across no olh¢f motters kn connection wllh the gxaminalion lo which ottention shouky b• tsawn thi5 report in order to enabl¥ o Underst￿(￿r& ¢1 the acco￿ts to ba f•ached. This report 15 mod• s010￿ to thè C￿ty,$ trustees. Os a body. in acccfdonc• wlih Part 4 01 the Charilits IAccounts Reportsl Re9Llolions 2r(e. My examination has been undertak8n $0 that I mithl slot8 to Ihe ch¢￿ty,$ Iiustee5 those mattets l om required to slate lo IndeperKlent Examlner'5 Report ond lu no olher p￿poS*. To the fullost oxtgnl p•mitl•é by low. I do occept ￿ n¢*iimp rAvY)nsi￿rilV lo onyone other thon Ihe Charity ond Ihe Ch￿ty'S Iwstees 05 a bo* for my examination wort or lor thls repC￿l. Hussein 8halJ Nurnbors Associotes Suits H, Hollie5 ￿0VSe 230 High Streel Pottor5 Bor Herts. EN6 5Bi Dtste.. Poge