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Company registration number: 05234333
Charity registration number: 1106051
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Frome Memorial Theatre Trust
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 28 February 2025
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Frome Memorial Theatre Trust
Contents
Reference and Administrative Details 1
Strategic Report 2
Trustees’ Report 3 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Statement of Cash Flows 11
Notes to the Financial Statements 12 to 20
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Frome Memorial Theatre Trust
Reference and Administrative Details
Charity Registration Number 1106051
Company Registration Number 05234333
The charity is incorporated in England & Wales.
Registered Office Memorial Theatre
Christchurch Street West
Frome
Somerset
BA11 1EB
Independent Examiner Mr C Weare
7a King Street
Frome
Somerset
BA11 1BH
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Page 1
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Frome Memorial Theatre Trust
Strategic Report for the Year Ended 28 February 2025
The trustees, who are directors for the purposes of company law, present their strategic report for the
year ended 28 February 2025, in compliance with s414C of the Companies Act 2006.
Financial review
Policy on reserves
The Trustees always endeavour to hold a reserve fund but, given that the organisation is run entirely
by volunteers and relies on self- funding through donations and in-house fund raising, this is often
difficult to achieve. However, the Trustees have looked to hold a cash contingency in case of
unforeseen emergency expenditure. The charity largely relies on generated income from shows and
hirings to meet its normal commitments.
The strategic report was approved by the trustees of the charity on 9 July 2025 and signed on its
behalf by:
BOG en
Trustee
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Frome Memorial Theatre Trust
Trustees’ Report
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements and auditors’ report of the charitable company for the year ended 28
February 2025.
Objectives and activities
Objects and aims
The objectives for which the Frome Memorial Theatre Trust was established include retaining
responsibility for the successful maintenance and running of the Memorial Theatre and the adjacent
Assembly Rooms with its car parking facilities in order to provide these facilities to the residents of
Frome and the surrounding areas for the use by and for the performing arts.
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Frome Memorial Theatre Trust
Trustees’ Report
Objectives, strategies and activities
Our vision is that Frome Memorial Theatre will be recognised as the leading entertainment venue
across the Southwest as well as developing into a sustainable theatre complex that is fit for purpose
and future-proofed, supported and maintained by a full complement of staff, the majority of which are
volunteers.
It's purpose is to provide entertainment and multifunctional facilities for the local and wider
communities in a venue which is accessible to all.
We continue to maintain our dedicated team of around 200 volunteers to operate our two venues,
from the box office, stewards, kiosk, maintenance and assembly room booking team.
The aim is to continually upgrade and maintain the Theatre infrastructure, enabling us to attract high
profile and high quality acts at the same time remaining financially sustainable; achieving a positive
cashflow each year and continuing to maintain a reserve of at least £35,000.
To keep the Theatre both compliant and safe we are in the process of spending £77,594 on the above
stage structure of the Theatre and internal workings of the stage, including steelwork, hemp sets,
pulleys and electrics. We also purchased a new rise and fall lighting bar and lights to stop the use of
ladders in the Theatre together with internal radios for better communication during shows and new
seats for stewards.
During the year under review the Theatre put on a full program of performances and we fulfilled all our
contractual obligations in the Assembly Rooms. In total there were 51 shows with over 19,900 tickets
sold.
For the 2024/2025 financial year income totalled £618,430 with a net excess of income over
expenditure of £36,849. This has given the Trust a healthy cash position of £135,270 and total
reserves of £211,333.
On the 20 September 2024, to mark the 100 year anniversary of the laying of the foundation stone, a
new plaque was unveiled by our first patron Sarah-Jane Bungay and Anne, Lady Dodd, at a function
held at the theatre to commemorate and celebrate the event.
As the name suggests the Memorial Hall was conceived as such to those from Frome and the local
district who fell in the Great War. It was constructed by many volunteers and we were able to highlight
the past and current role of those who give of their own time and expense in helping to make the
theatre such a wonderful institution.
After much work in going through the archives of the Memorial Theatre and in the Frome Museum an
exhibition showcasing the last 100 years was put on at the Museum before being moved to the
Assembly Rooms.
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Frome Memorial Theatre Trust
Trustees’ Report
Fundraising disclosures
Funding for the Trust is driven by income from events via ticket sales, bar and kiosk sales and rent
received from the hire of both the theatre and the Assembly Rooms. In addition to this the Trust
received over £17,832 in donations towards the running and upkeep of the complex.
Public benefit
Frome Memorial Theatre Trust comprises the Frome Memorial Theatre and the Assembly Rooms.
From the theatre, the Trust provides entertainment and a variety of performing acts for public
enjoyment. The Assembly Rooms provide a wide-ranging facility for social and theatre-related
functions, a blood-donor centre, a rehearsal facility and a common function room. The Assembly
Rooms are also hired for private functions.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Mr H J Barnes
Mrs S L Elmer
Mr T G J Stewart
Mr R J Aspray
Mr M D Moss
Mr | B O'Connor
Mr R J Lines, Chair
Mrs P Lines
Structure, governance and management
Nature of governing document
Frome Memorial Theatre Trust is a registered charity and company limited by guarantee governed by
the Memorandum and Articles of Association and, as at the Balance Sheet date, had 8 members.
Recruitment and appointment of trustees
Trustees are elected by the Members of the Trust at the Annual General Meeting: there must be
between 5 and 9 trustees who must all be members of the charitable company. When recruiting new
trustees the Board considers any specialist skills needed, considering either existing or new areas of
operation when seeking potential candidates who could fulfil certain roles. They would then be
proposed, elected and appointed by the management committee.
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Frome Memorial Theatre Trust
Trustees’ Report
Organisational structure
The Board of Trustees administers the charity. The trustees have examined the major strategic,
business and operational risks that the charity faces and are satisfied that systems are in place to
adequately mitigate these risks.
Our Volunteers
The Trust is very involved in the local community and relies on voluntary help. Besides both the
professional and amateur performers and artists who display their talents in the theatre, there are
nearly 200 volunteers who assist with stewarding events and performances which helps with the
overall running of the Trust and reducing staff costs to a manageable level.
The Trust extends its thanks to the many volunteers who help in the overall running of the Memorial
Theatre and Assembly Rooms. Many of these volunteers are busy "behind the scenes" and their work
can go un-noticed. It is a testament to their work that the Memorial Theatre continues to be such a
successful venue.
Major risks and management of those risks
The Trustees have a risk management strategy which comprises:
- an annual review of the principal risks and uncertainties that the charity faces;
- the establishment of policies, systems and procedures to mitigate those risks identified in the annual
review; and
- the implementation of procedures designed to minimise or manage any potential impact on the
charity should those risks materialise.
The work undertaken has identified that financial sustainability is the major financial risk for the
charity. In light of this the charity regularly reviews its' available liquid funds and looks to ensure that
there is sufficient working capital.
A review of the non-financial risks arising from fire, health and safety of both performers and artists as
well as the management of performing rights has been undertaken. These risks are managed by
ensuring that the charity has robust policies and procedures in place together with regular training
given, as necessary, to volunteers in the various operational areas.
Statement of trustees’ responsibilities
The trustees (who are also the directors of Frome Memorial Theatre Trust for the purposes of
company law) are responsible for preparing the trustees' report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including its income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
¢ observe the methods and principles in the Charities SORP;
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Frome Memorial Theatre Trust
Trustees’ Report
make judgements and estimates that are reasonable and prudent;
¢ state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable company's website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other [jurisdictions.]
The annual report was approved by the trustees of the charity on 9 July 2025 and signed on its behalf
by:
Mr | B O'Connor
Trustee
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Frome Memorial Theatre Trust
Independent Examiner's Report to the trustees of Frome Memorial Theatre
Trust (‘the Company’)
| report to the charity trustees on my examination of the accounts of the Company for the year ended
28 February 2025.
Responsibilities 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, | 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 | have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. | confirm that | am qualified to undertake the examination
because | am a member of AFA MIPA, which is one of the listed bodies.
| have completed my examination. | confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of Frome Memorial Theatre Trust as required by
section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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)].
| 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.
EWE
AFA MIPA
7a King Street
Frome
Somerset
BA11 1BH
9 July 2025
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Frome Memorial Theatre Trust
Statement of Financial Activities for the Year Ended 28 February 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
Total Total Unrestricted 2025 2024 Note £ £ £ Income and Endowments from: Donations and legacies 3 28,994 28,994 29,667 Charitable activities 4 618 618 533 Other trading activities 5 588,818 588,818 486,443 Total Income 618,430 618,430 516,643 Expenditure on: Raising funds 6 (410,724) (410,724) (340,157) Charitable activities 7 (170,857) (170,857) (138,341) Total Expenditure (581,581) (581,581) (478,498) Net income 36,849 36,849 38,145 Net movement in funds 36,849 36,849 38,145 Reconciliation of funds Total funds brought forward 174,484 174,484 136,339 Total funds carried forward 19 211,333 211,333 174,484 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 19.
The notes on pages 12 to 20 form an integral part of these financial statements. Page 9
Frome Memorial Theatre Trust (Registration number: 05234333) Balance Sheet as at 28 February 2025
2025 2024 Note £ £
Fixed assets Tangible assets Current assets Stocks Debtors Cash at bank and in hand
Creditors: Amounts falling due within one year Net current assets
Total assets less current liabilities Creditors: Amounts falling due after more than one year Net assets
Funds of the charity:
Unrestricted income funds Unrestricted
Total funds
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13 103,254 73,963
14 5,211 7,228
15 33,928 4,918
16 135,270 135,375
174,409 147,521
17 (66,330) (38,379)
108,079 109,142
211,333 183,105
18 - (8,621)
211,333 174,484
211,333 174,484
19 211,333 174,484
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For the financial year ending 28 February 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
e The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
¢ The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 9 to 20 were approved by the trustees, and authorised for issue on 9 July 2025 and signed on their behalf by:
BOG en Trustee
The notes on pages 12 to 20 form an integral part of these financial statements. Page 10
Frome Memorial Theatre Trust Statement of Cash Flows for the Year Ended 28 February 2025
Cash flows from operating activities
Net cash income
Adjustments to cash flows from non-cash items Depreciation Amortisation
Working capital adjustments Decrease/(increase) in stocks Increase in debtors Increase/(decrease) in creditors
Net cash flows from operating activities
Cash flows from investing activities Purchase of tangible fixed assets Cash flows from financing activities Repayment of loans and borrowings Net decrease in cash and cash equivalents Cash and cash equivalents at 1 March Cash and cash equivalents at 28 February
2025 2024 Note £ £ 36,849 38,145 6 24,622 9,788 6 ~~712~~ 61,471 48,645 14 2,017 (2,193) 15 (29,010) (628) 17 27,450 (9,912) 61,928 35,912 13 (53,913) (56,232) 17 (8,120) (7,649) (105) (27,969) 135,375 163,344 ~~135,270 135,375~~
The notes on pages 12 to 20 form an integral part of these financial statements. Page 11
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
1 Charity status
The charity is limited by guarantee, incorporated in England & Wales, and consequently does not
have share capital. Each of the trustees is liable to contribute an amount not exceeding £100 towards
the assets of the charity in the event of liquidation.
The address of its registered office is:
Memorial Theatre
Christchurch Street West
Frome
Somerset
BA11 1EB
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
The financial statements have been prepared in accordance with 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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Frome Memorial Theatre Trust meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy notes.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the charity before the charity is entitled to the funds, the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
within the control of the charity and it is probable that these conditions will be fulfilled in the reporting
period.
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to
the grants have been met. Where performance conditions are attached to the grant and are yet to be
met, the income is recognised asa liability and included on the balance sheet as deferred income to
be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources, with central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset’s use. Other support costs are allocated based on the
spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory
requirements, including audit, strategic management and trustees’ meetings and reimbursed
expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated
residual value, over their expected useful economic life as follows:
Asset class Amortisation method and rate
Website costs 33.3% straight line
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Depreciation method and rate Furniture and equipment 20% on cost
Stock
Stock is valued at the lower of cost and net realisable value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.
3 Income from donations and legacies
Donations and legacies; Donations from individuals
4 Income from charitable activities
Charitable activities Total for 2025 Total for 2024
Unrestricted Total Total General 2025 2024 £ £ £ 28,994 28,994 29,667 28,994 28,994 29,667 Unrestricted funds Total General funds £ £ 618 618 618 618 533 533
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
5 Income from other trading activities
Trading income; Sales of goods and services Events income; Bar and kiosk sales Theatre rent receivable
Unrestricted Total Total General 2025 2024 £ £ £ 440,993 440,993 351,419 84,659 84,659 74,209 63,166 63,166 60,815 588,818 588,818 486,443
6 Expenditure on raising funds
a) Costs of trading activities
Costs of goods sold Events and conferences
Total for 2025
Total for 2024
Unrestricted funds Total General funds Note £ £ 59,385 59,385 351,339 351,339 410,724 410,724 340,157 340,157
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
7 Expenditure on charitable activities
Support costs Governance costs Total for 2025 Total for 2024
Unrestricted funds Total General funds Note £ £ 166,277 166,277 8 3,796 3,796 170,073 170,073 137,086 137,086
In addition to the expenditure analysed above, there are also governance costs of £3,796 (2024 - £6,091) which relate directly to charitable activities. See note 8 for further details. 8 Analysis of governance and support costs
Governance costs
Independent examiner fees
Examination of the financial statements Legal fees
Total for 2025
Total for 2024
Unrestricted funds Total General funds £ £ 3,253 3,253 543 543 3,796 3,796 6,091 6,091
9 Trustees remuneration and expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
10 Independent examiner's remuneration
Total fees charged by Independent Examiner in year
2025 2024 £ £ ~~3,253 2,804~~
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
11 Taxation
The charity is a registered charity and is therefore exempt from taxation.
12 Intangible fixed assets
Cost At1 March 2024
At 28 February 2025
Amortisation At1 March 2024 At 28 February 2025 Net book value At 28 February 2025 At 29 February 2024
13 Tangible fixed assets
Cost At 1 March 2024 Additions
At 28 February 2025 Depreciation At 1 March 2024 Charge for the year At 28 February 2025
Net book value
At 28 February 2025 At 29 February 2024
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Other
intangible
asset Total
£ £
2,134 2,134
2,134 2,134
2,134 2,134
2,134 2,134
- -
- -
Furniture and
equipment Total
£ £
239,957 239,957
53,913 53,913
293,870 293,870
165,994 165,994
24,622 24,622
190,616 190,616
103,254 103,254
73,963 73,963
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Page 17
Frome Memorial Theatre Trust Notes to the Financial Statements for the Year Ended 28 February 2025
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14 Stock
Stocks
15 Debtors
Other debtors
16 Cash and cash equivalents
Cash on hand
Cash at bank
17 Creditors: amounts falling due within one year
Trade creditors
Other loans
Other creditors
Accruals
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2025 2024
£ £
5,211 7,228
2025 2024
£ £
33,928 4,918
2025 2024
£ £
2,947 2,800
132,323 132,575
135,270 135,375
2025 2024
£ £
371 -
8,621 8,120
- 10,000
57,338 20,259
66,330 38,379
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
Other borrowings
Somerset Community Fund Loan with a carrying amount of £8,621 (2024 - £16,741) is denominated in £ with a nominal interest rate of 6% (2024 - 6%). The final instalment is due on 1 February 2026. 18 Creditors: amounts falling due after one year
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2025 2024
£ £
Other loans - 8,621
19 Funds
Balance at 28
Balance at 1 Incoming Resources February
March 2024 resources expended 2025
£ £ £ £
Unrestricted
General 174,484 618,430 (581,581) 211,333
Balance at 29
Balance at 1 Incoming Resources February
March 2023 resources expended 2024
£ £ £ £
Unrestricted
General 136,339 516,643 (478,498) 174,484
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Frome Memorial Theatre Trust
Notes to the Financial Statements for the Year Ended 28 February 2025
20 Analysis of net assets between funds
Tangible fixed assets Current assets Current liabilities
Total net assets
Tangible fixed assets Current assets Current liabilities Creditors over 1 year Total net assets
Unrestricted General Total funds £ £ 103,254 103,254 174,409 174,409 (66,330) (66,330) 211,333 211,333 Unrestricted General Total funds £ £ 73,963 73,963 147,521 147,521 (38,379) (38,379) (8,621) (8,621) 174,484 174,484
Page 20
Frome Memorial Theatre Trust
Detailed Statement of Financial Activities for the Year Ended 28 February 2025
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Donations and legacies
Appeals and donations
Charitable activities
Memberships
Other trading activities
Income on events
Bar and kiosk sales
Theatre rent receivable
Raising funds
Expenditure on events
Performing rights fees
Insurance
Opening stock
Bar purchases
Tickets.com charges
Catering and bar services/commission
Closing stock
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Total Total
2025 2024
£ £
28,994 29,667
28,994 29,667
618 533
618 533
440,993 351,419
84,659 74,209
63,166 60,815
588,818 486,443
334,042 272,973
9,281 6,904
8,016 7,388
7,228 5,035
35,188 35,030
2,054 1,733
20,126 18,322
(5,211) (7,228)
410,724 340,157
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This page does not form part of the statutory financial statements. Page 21
Frome Memorial Theatre Trust Detailed Statement of Financial Activities for the Year Ended 28 February 2025
Charitable activities Wages and subcontracting Rates Light, heat and water General repairs including stage and equipment Cleaning of premises Telephone Computer expenses Printing, stationery, postage & advertising Licences and subscriptions Gifts Sundry expenses Security and safety expenses VAT partial exemption adjustment Bank and credit card charges Amortisation of website costs Depreciation Loan interest Independent examiner's fee Legal and professional fees
Total Total 2025 2024 £ £ 22,699 19,316 2,383 2,869 30,134 25,689 17,325 11,775 16,387 14,601 3,686 3,974 3,361 992 17,881 16,788 215 180 - 316 108 586 1,559 1,565 (683) 81 26,600 21,766 - 712 24,622 9,785 784 1,255 3,253 2,804 543 3,287 170,857 138,341
This page does not form part of the statutory financial statements. Page 22