REGisfERED COMPANY NUMBER.. 4199742 (Enihnd and Wales) AEGISTERED CHARrrY NUMBElk 1120059 CAMBRIDGE FILM TrUST REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
CANBRIDGE FILM TRUST REPORT OF THE TRUSfEES FOR THE YEAR ENDED 31 MAA(X 2025 The trustees. who are 4150 dlrectors of the charity for the purpose5 of the Companles Act 2Q)6. prq5ent th•lr report wlth the flnancial ststements of the charltyfortheyearended 31 March 2025. The trustee5 have adopt•d the provlslon5 of the Statement of Recommended Practlce {SORPI 'Accounting ind Reporttng by Charities, Issued In Marth 2005. REFEREKE AND ADMINISTRATIVE DEfAILS R*ued Company number 4199742 (England and Wales) Reelstered Charlty number 1120059 R•OJt•red offlce Arts Plcturehouse 38-39 St Andrews Street Cambridge CB2 3AR Truit••s AJ Jone5 Dr l M McNelll Iuntll 21 February 2025) S R Jcnes (Chalrl M (YBrlen MDWebb Dr G W Mawire DrT Kendall lappolnted 31 Marth 20251 N Q Faruql (appolnted 9 June 2025) N Foley (appolnted 9 June 20251 R Goldman (appolnted 9 June 20251 R l(nl8ht (appointed 9 June 20251 O S V Netto {appolnted 9 June 20251 R Watson {appolnted 9 June 2025) Company S•¢r•tary AJ Jones Ind•pendent Examlner Tlmothy Davld Brown Chartered Accountant 50 The Ridings Sutbiton Surrey Kf5 8HQ •nk• B•rC1w Bank PLC 28 Chesterton Road Cambrld8e Page I
CAMBRIDGE FILM TRUST REpoirr OF THE TRusfEES FOR THE YEAR ENDED JI MARCH 2025 srRUCTUR4 GOVERNANCE AND MANAGEMEiir Govern1 do¢urneTht The th•rlty Is controlled by its governin8 documenL * deed of trus¢ and Is Inporated as a company Ilmlted by 8uarantee underthe Companies Act 216. Appolirtm•nt of Tru•tMI The management of the charlty Is th• responslblllty of the Trustees are elected under the deed of trusL The 808rd of Trustees alm to malntaln a broad mlx of busine, artistk and communlty4)ised skllls. When partlcular skills are los¢ indlvlduals wlth the relevant skllls are approached to offer themselves for eltttlon to the Board of Trustso& All trustees are resularly Invlted to attend events and artlvltles run by the charlty In 2025, smn new Trustees have jolned our Board brln8ln8 new skills In areas such Is mana8emenL fundrnlsln& Industry, edu¢atlon, diverslty and advocacy. Thelr appolntment has opened up opportunltles for new partnership5 potsntial fundln8 stroims and fresh Ideas that wlll help further dthlop C4mbrfd8e HIM TrusV5 rfch ast[C output and eniage n•w audlences across the re81on. We were deeply saddened by the passln8 of Dr Isabelle McNelll, ca-founder of the Cambrfd8e Fllm Trust and Chalr. In February 2025. Isabelle made a si8niflcant and lastln8 contrlbutlon to the charfty, brfin8ln8 InslghL dedlcatlon and leadershlp to the Board. Her comrnltment trj our mlsslon and the MmunitieS we serve %vas deeply valued, and shels 8reatly mlssed by fellow Trustees, staff and partriers alike. Rlth mAn•Kernent The trustee5 have a duty to Identlfy and review the rlsk8 to whlch the tharlty Is exposed and ts ensure approprfAt• controls are In place to provlde reasonable assurance 48alnst fraud and error. Puble benefft statement In shapln8 ourobjectivesforthe yeirJnd plannln8ouractfvltles. the Trv5tee5 haveaynsidered the Charlty Comrn1551on's gUIdan on publlc benefll partlcularly wlth regard to fee charylng. The Cambrld8e HIM Trust relles on 8rants from public fundlng bodies ind prfvats foundatlans but also on Income generated from the artmtles It or8anise5. In establlshin8 the level of fees. charye5 and conce551ons, the Trustees alm to ensure due conslderdtion Is glven to th• 8ccesslblllty of Its artlvltles for those on low Income5. The Trustee$ make sure that a certaln number of events are provlded free of charge to Increase the Inclusréeness of the work of the Trust. Trust events taking place at the Arts Plcturehi)use In Cambrldge are also Included In the Plctureh¢use membership scheme, offerlng a dlscount to those purchaslng an annual membership. TheTrust also offers all rts educational pro8ramme5 free of charye. Obhtuvej The Cambrldie HIM Trust Is a re8lstered tharfty that fosters ftlm culture and educatlon for the bgnefft of the publ14 prqmarfly in Cambrldge and the Eastem re8lon but also throu8hout the UL We dellver a broad portfolio of s(¥eenin8 special events and tallor-made projects which en8ble people to be maved by. learn about and interact with film. Spedflcally, our oblertl4s are to: promote, develop and milntaln the appredatlon of and educatlon in l)the a rt technelo8yand theatrlcal experience of film and vldeo, Includlrgwlthout Ilmltstion contemporary and hlstorlcal, local. natlonal and world clnema; and 11) the theory. hlstory. aestheti¢5 and prnttice of fllm and vldeo makln8 and the film and video industrfes and the assoclated artlvftles of film and video lournallsm• publlshln8 and dlstrlbution both by and for the publlc and by and for pupils, students, re5•¥rchers and teathln8 Staff at sthools, colleges and unfversities In Carnbrldgeshl the UK and elsewhere. promote the appreclatlon of and educatlon and researth In Ilm and de0 and other objects beneftoèl to the communlty throu8h undertakln& facllltatin8 and/or promotln8 the pre5ervatlon of fllm and video andlor throu8h prrnildln8 or asslstln8 wlth the provision of public s¢reenln85 of fllm and vldeo. Pase 2
CAMBRIDGE FILM TRusr REPORT OFTHÉ TRUSTEES FOR THE YEAR ENDED 31 PIK4KH 2025 202M025 Acllvld•s The Cambridge HIM Th15t Is commltted to broadenln8 acce5S to cinema. nurturln8 new talent and empowerln8 communltles throu8h the transformatlve power of fllm. We deliver an ambltlous and Cutturnlly diverse pro8ramme of hl8h-quallty dnema In a varlety of settinasi many of whlch are free and roi)ted in 5tron& communlty en8a8ement. Alon8slde screenln85 and fllm events, we run Induslvei yearund pro8rammes wlth 8 5tron8 educatlonal focus. [r fla8shlp evenL the Cambrldge Film Festfval, Is the UK'S thlrd longest-runnlng film festlval, estsbllshed In 1977, and one of the most popular film events In the East of England. The Festfval presents a oltlcalty acclalmed progrdmme of Independent and internatlonal clnema to 8 large and dlver5e audience. It offers nltlcart publ1¢ benefit by shIMSIn6 fllrns that often lack UK dlstrlbutlon and would not oth•rwlse be easlly alIable to audien5, while also provldln8 oppothnltles to engage wlth filmmakers throu8h q&As, dIS$S1on5 and spe¢lal event& Beyond the Fe5tlval. our year-round work Includes delhrlng free youth pro8ramm•5, communlty screenln85. CO- deslgned events and ueative workshops that are Inclu51ve. Impactful and designed to engage people of all ages and ba¢kground& Th• 43rd CambrWD Fllm FI¥11 (2MI Octsber 20241 The 2024 Cambrld8e Fllm Festlval was another ambitlous, vlbran( culturdlly enrlchlni and successful F•5tlval, wlth Increaslng attendance and greater audience dlver51ty. Our pro8rnmme was hl8h quallty. stimulatln8 and wlde-rnn8ln8. We showed 92 fllms157 features, 35 shortsl from 28 countries. For the 4th year in successlon our prwamme was at 50% femalelnon-blnary dlrected. Isee f 11 festival Admissions were 7,893, surpasslns eur tsr8et for 2024 and reflecting a 2.5% rlse compared to 2023 - a year that already saw robust audlence numbers (wlth a 24% increase 0r 2022). The screen occupancy this year was also up from last year and the prevlous year. The growth In outrfght audlence number and percentage of ¢xpacty shaws that we are arhlevln8 greater audlence density and building J stron8erfoundatlon for future arth. The Increase In 2024 can larBely be 8ttribut•d to strate8lc outreach effort51 partlcularly through Increased attendance to daytlme events the Famlly Film Festlval and communlty events held outslde the Festlval. It has been enorniously satlsfylns to wltness the slgnfficant Br¥th In attendance thts second year of the relaunched Family Fllm Festival strand. attrnctlng almost l.LVJ people to th• free screenln8s. By collaboratiry wlth charitable orBanlsatiens and coordlnatlr8 trlp5 for social work groups throu8h the aty Councll. we were ablq to make the Festlval morn accesslble ts a broader and more dlvorse audience. Our Educatlon and Industy actlvltles also expanded th1$ year, hl8hll8hted by the succts5ful thlrd edltlon of Industry Day Iwhlch saw 193 accredited attendees and 525 sesslon admlsslons throughout the dtyl. AlonBslde esttbllshed schemes Ilke the Youth Lab, we launched several w(cltln8 new Inltlatlves: Reel VOIC a partnerJhlp wlth An8lla Ruskin Unlverslty de518ned to support asplrlng fllfftr Critics aged 18 to 30: Cambrldge Connectlons, a strand dedlfated to sh(rC•s1ng local ftlmmaklns talen¢. and the Cambrldge Fllm Fe5thl Jury• whith In 2tN was dialred by Dr Geoffrey Maguire and Induded notable fl6ures such as Dorothy Byrne (former Head of News and Current Affairs at thannel 4). Nasheed Qamar Faruql lfllmmaker). and Dr Xln Pen8 (A551stsnt Professor In Fllm and Screen Studies at the Unlverslty of Cambrldiel. The Jury awarded the inaugural Golden Punt Jury Aw?rd to Nebelklnd -The End of Sllence. Pa8e 3
CAMBRIDGE FILM TRUST REPORTOF THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2015 Educatknn Proyamm• One of the blggest areas of growth and focus In recent years ha8 been educatlon and Industry. In 2023, the Cambrldge Fllm Trust rebrdnded and refocused all Its actlvltles for youni people under a unlfled Educatlon Pro8ramme. Th15 5trateglc and essentlal portfollo project alms to engage youni people, with a $peclal In taryetln8 those from dlsadvanta8ed back8rcunds and minorlty 8rou It Indudes Inltlatlves such a$ volunteerfn& m•ntorshlp. Intemshlp4 Industry Day• tslks at colle8es and uneItIes, the Youth Lab and, from 2025, the new CFF Reel Volces pro8rdmme- a mentorfn8scherne for asplrln8fllm rwlewers ¢fferln8 workshop* networkin& Industry rnent0rf and full press accreditation at the Festlval. In 2025, we delivered a broad range of Inltlatlves focused on 5kllls dlOPMent networkln8 and tralnin& culmlnatln8 In the Cimbrld8e Fllm Festfval In October. These activltles benefited over300young people In C•mbrld8eshlrei prrNldlryg prJctlcal skllls and pathways into the fllm industry. Thls work wa5 SUPPOrted by An8lia Ruskln Unlverslty. The London Sthool Thtst and Marsh Charitable Trust. In Its Inau8ural year, CFF Reel Voices was hi8hly successful. recelvln8 excellent feedback from participants who publlshed fllm revlews durfn8 the Fesdval and conducted Inter¥lews wlth filmmakers. All educatlonal attivities are offered free Df thar84 ensurfng equltsble access and removin8 flnandal barrler5 to partlclpation. The Youth L•b Launched In 2019 and youn8 person led, the CFF Y¢Mrth Lab Is our tlagshlp film educatlon Inltlatlve, focuslng on d•velopln8 youn8 people's fllm ewdlvatlon and crftldsm skllls, as well as encouraglng communlcatlon and netwrxk bulldlnl. Thls year, the programme expanded Its reach offerlnB film production opportunltles alon8slde re8ular film dlscusslon 8roup$ workshops, network[ events and presentations by industry professlonals. The Youth Lab Is one of the proudest achlevements of the Cambrldle Fllm Trust over recent year5 and a key fws for the organistition Ind the Cambrfdee Fllm Fesli¥al In the year5 to come. Hl8hll8htlng Its 8rowln8 slgnificance, the Youth Lab presented theyouth Labjury Award for Best Feature durfng the 43rd edltlon of the Fe5tfval and cdesI8Thed and dellvered a rdn8e of public events, indudln8 a popular ftlm qulz, a bespoke screenln8 as part of the Cambrfd8e Arts Festlval In February 2025, and severnl communlty screenln85. The Youth Lab was supported by the Postcode Places Trus¢ CambrldBe Clty Qjuncll, Herefordshlre Communty Foundatlon and The Cole Thts¢ enablln8 It ¢0 continue Its lUable pro8ramme of actlvltleswhlle strengthening its focus on In¢Ing participatlon from underrepresented communltles and youn8 people from dlverse ba&8rounds. Communlty Kr••nlnp In 2024 relaunched our pro8fdmme of communlty screenlngs for chlldren, youn8 people and famllles from di5•thanta8ed communltles In Cambrld8ei With support from the Cambrfdge City Council. These events are desl8ned to address the sodal and finandal barrier5 that often Ilmlt acce55 tti arts and culture. We dellvered fourfree scre•nln85 In a mlx of underserved nelshbourhoods ind establlshed dnema venues. These wern attended by over 230 local resldents. prnldln8 induslve, welcomlng spaces for farnllles and youni people who ml8ht not otherwise have the opportunlty to en84e wlth high-quallty dnem•. Eath screenln8 was accompanled by arts and crnfts ictlvltles and other fomu of Creat engymen( as well Is free refreshments and subslstence, helpln8 to ensure an accesslble and Inclusive envlrnnment for all attendees. Strateslcally, thrs Is a k area of 8rowth for the or8anlsatlon, as it creates meanin8ful pathw•ys Into the Cambrld8e Fllm Festlval and helps us reath communfties who are often underrepresentsd in OJIrnI spaces.Throu8h thls wort we hwe developed relationship5 wlth local charltle4 grassroots orqanlsatl¢Jns and communlty groups, many of whom have Bone on to partidpats In or att•rKI the Festlwél. helpln8 to broaden and dlver51fy our audlence base. P48e 4
CAMBRIDGE FILM TIIUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2015 Q>•rallry Support of C¥mbrfd8e Rlm FertlpAI The Cambrld8e Fllm Trust Mjrked hard throughout the year to secure wstainable and divers• Income streams. Income conslsted of 8rdnt fundin& priwdte fundln& sponsorshlp from lool companles, ticket sales and fllm subffllsslon& The Trutt received zrnnt fundln8 throu8h the Brltish Film In¥(Itute IBFI). wlth the support of National Lotteryi as well as the Invaluable contributlon of prlvate donors, Includin8 The Ell8ator Sansom Famlly Fund. In 2024. we contlnued to recelve 8enerous 5UPPOrt from lon8-Standlng prlnclpal partner5 Studlo 24 and Tfp Group. 8lon8slde A5trnZeneca. Alchemle Technolo8y. Cambrld8e BID, the Gonvllle Hotel. Alrport LynK Stlcwn'sushi, and we also welcomed a new partner In ZlrcomeL International bodles such J5 the Institut Ramon Uull (Catslonls cultur41 Instltute) contlnued to gUPPOrt elements of the Fe¥£ival ind we recelved a small amount of screenlng support from Rlm Hub South East in relatlon to the BFS'S natlonwide Art of Actlon Season. The Board of Trustees wlsh to record thelr gratitude to our funder5 and partners as well as Festival Frlends and audlence membern who have made donations and bou8ht tickets to Festlval events. Rbk & Uneertalntles The Trustees have ased the maJor rfsks to whlch the charfty Is exposed and are satlsfied that Systems are In place to mityate exposure to major rfsks. Extemal rlsks to fundln8 have led to further developments of a fvndrJlsln8 and spmsorship plan, whlch allows for the dEver5fflcatlon of fund1 and artlvlties and, ultlmately, th• sustalnablllty of the fe5tfval in the longterni. Slnce Aprll 2019. the Trust en8a8es a dedlcated freelance corpornte sponsorshlp mana8er. Since 2024 the Trust also runs a Frfends & Patrons scheme to Increase year-round donatlons from Individual& Diverslfylng income streams Is key to the success of the Festlval and thus, the Trust has put In place the nece55ary measures to ensure certaln mllestenes and KPIS are met. Internal rfsks are mlnlmlzed by the Implementatlon of procedures for authorlsatlon of all transactions and projecL8 Ind to ensure conslstent quallty of dellvery for all operational aspects of the charltable company. These procedures are periodlrAlly revlewed to ensure that they stlll meet th• needs of the charlty. FlTran¢lal Revlt- Golni concern The Income from core artlvltles for 2024-25 was £223AT7 compared ta £216.7TJ In 202>24. The charlty ¢ontlnues to monitor costs Care11Y. The dlrectors remaln Confident wlth re8ards to the fvture ablllty to meet the Trusts obli8ations as they fall due. Followln8 a successful 2025 fe5tlval they are satlsfi•d that It Is approprlate to adopt the Bolni concern bas15 when Prepar1 these accounts. R•MrveB Poll¢y The Board of Trustees has examln•d the charfty's requlrements for rnserves, in118ht of the maln rfsks to the charlty. It has established a poliry whereby the unrestrfcted fvnds held by the tharlty should be at least I month of operatlng C05ty between £8.OCKI and £25.OCII beln8 the level of funds requlred to ower short term cash flow defidts caused then funders ply srnnts In arrears of expenditure and also to ensure that the charfty has sufficlent reserves to cover the ststutory costs of enforced closure in the event of a mJJor105s of fundln8. At the 31 March 2025 the balance sheet was showln8 £346 of unrestricted funds. The bulk of Actlvltles Generatln8 Funds are held In the last quarter of the year. The Trustees conslder it Is appropriat• to operate as a Goln8 Concem havln8 reviewed management fl8U followln8 a flnanclally successful 2025 festlval whlch show an ImprLwed reserve posltlon. The Governance Costs for 202+25 were £5,1)411202>24 were £4.6491 SIGNED ON BEHALF OF THE BOARD: Slmon R Jones (Chalrl 8 De¢ember 2025
CAMBRIDGE FILM TRusr INDEPENDENT EXAMINEKS REPORT TO THE TRUSTEES OF CAMBRIDGE HLM TRUST FOR THE YEAR ENDED 31 MARCH 2025 I report on the aca>unts for th• years ended 31 Marth 2025 set out on pap •18ht to thlrteen. Re••ctlv• ruponAblltles of trustees and wrnlner The charlty's trustees {who are also the dlrectors for the purposes of company lawl are responslble for the preparatlon of the accounts. The charitvs trustees canslder that an audlt Is not requlred for this year (under Sertlon 144 of the Charltles Act 20111 and that an independent examlnatlon Is requlred. Hwlng satisfied myself th4t the drIty Is not subject to audit under company law and Is ell8lble for independent rtaminatlon, It Is my re5ponslblllty to: pJomlne the accounts under 5ertlon 145 of the Ch•rltles Act 2011. to follow the procedures laid down In the Genernl Dlrectlons 8lven by the Chaffty Commlsslon (under Sectlon 14515I{bl of the 2011 Artl; and to stste whether partlcular matter5 have come to my attentlon. ofthe knd•p•nd•nt exarnlnevs Mport My &Naminatlon was carrled out In accordance wlth the Genernl DlrecU¢ns ilven by the Charlty Commlssion. An examlnatlon Indudes a r•lew of the accountlng records kept ty the charfty and a comparlson of the accounts presented wlth those records. It also Indudes conslderatlon of any unusual ftems or dlstlosuros In the 8¢wunts. and seekln8 explanatlons from you as trustees concernln8 any suth matters. The procedure5 undertaken do not provlde all the Idence that would be requlred In an audlt and consequently no oplnion 15 8lven as to whether the accourrts present a 'true and fair vlew, and the report Is Ilmlted to those matters s&t out In the ststements below. Indepond•nt •x•mknor'i sljtsment In connecth>n wlth my É¥amlnatloffj no matter has corne to my attentlon: I whl¢h alves me rwonable eause to believe tha< In any matsrlal re5pecL the requlrements • to keep ac¢ountln8 records In accordance with Sectlon 386 and 387 of the Companles Act 20(. and • to prepare acUnts which accord wlth the accountln8 e0rd$, mPlY the 4ccountln8 requlrements of Sectlon$ 394 and 395 of the Companles kt 26 and wlth the methods and prlnclples of the Statement of RernMended Prattice: Accountln8 and Reportln8 by Charities have not b8en me¢. or 2 to Whic In my opinion, Jttentlon should be drawn In order to enable a proper understandln8 of the accounts to be reached. mothy D Brown Chartered Accountant 50 The Ridin85 Surblton Surrey Kf5 8HQ 8 December 2025 Pa8e 6
CAMBRIDGE FILM Trusr srATEMEKf OF FINANCIAL AcfiviTIES INCWDING INCOME AND EXPENDrruRE AccouNr FOR THE YEAII ENDED 31 MARCH 1025 Note5 Unrestrlcted Restrfcted 2025 2024 Incomln8 Ruour¢K from pn•rated fundi Totsl Voluntsry Income Actlvltles for Generatln8 Funds Totsl Incomln8 Resources ,957 143.062 174,019 49,458 80,415 143,062 223A77 81,275 135.504 216,779 49,458 ReUr£ Eypend•d Charltable Actlvltles Event Costs Fllm Costs Freelance Costs Markotln8 & Publlc Relatlon5 18,771 1400) 37.053 1947 ¥563 15,857 14,735 6,024 20,334 15.457 5L788 8,971 20,939 19,326 4&793 8,556 Other Experbses (inc Staff Costs) Gcwernance Costs 124,699 5,041 11,279 135,978 5,041 115,818 4,649 Totsl Pawuree$ Expend•d 188,111 49,458 237,569 2111 Net lout8dl I Inuxnlni R•Murc•• 114m21 (14.0921 Transftr between funds Funds brought foNiard T¢yfAL FUND5 CARRIED FORWARD 38 346 14A38 346 8,740 14,438 Net Movernent In Funds 114,092) 114,092) 5,698 The notss on pages 10- 13 form part of these financial ststsments P4e7
CAMBRIDGE FILM TRusr BALANCE SHEEf FOR COMPANY REGISTIIATION NUMBER4199742 AT31 MARCH 2025 2025 Flx•d Asgrt• Tanble set$ Cyrr•ntAM•ts Debtors Bank & Cash 9,381 18,526 27,907 38,855 41.504 Credltors: Amourrts Fdlllns due withln one year 27.561 27 NEf CURRENT ASSEfs/ ILIABIUTIES) 38 Creditor5', Amounts fallln8 due after one year TOTALASSEfs LESS TOTAL UABILrriES Fundi Restrfcted funds Unrestrlcted funds 14,438 TOTAL FUNDS The notes on pages 10- 13 form part of these flnanclal statements Page 8
CAMBRIDGE FILM TRusr BALANCE SHEEr- coKriNUED AT 31 MARCH 2025 The charEtable company Is entltled to exemption from audlt undersectlon 477 of the Cornpanles Art 2006 forthe perlod ended 31 March 2025. The members have not required the charltable Company to obtain an audlt of Its flnanclal statements for the period ended 31 March 2025 In accordance with Section 476 of the Companles Act 2006. The trustees acknowledge thelr responslbllities for (al ensuring that the tharltable company keeps accounting records that comply wlth Sectlons 386 and 387 of the Companles Act 2006 and preparin8 financial statements whlch glve a true and fair view of the stste of affalrs of the charitsble company as at the end of each financlal year and of Rs surplus or deflcit for each financial year In accordance wlth the requirements of Sectlons 394 and 395 and which otherwise comply wlth the requlrements of the Companie5 Act 2C(16 relatln8 to financial ststements, so far as appllcable to the charltable company. These financial statements have been prepared in accordance wlth the special provisions of Pdrt 15 of the Companle5 Act 2006 relatlng to small charltable companles and wlth the Financial Reportlng Standard f¢r Srrialler Entitie5 (effective Aprll 2008). The flnancial statements were approved by the Board of Trustees on 8 December 2025 and were signed on Its behalf by: Simon Rjones {Chalr) Reglstered Company Number 4199742 The notes on pages 10- 13 form part of these flnanclal statements Page 9
CAMBRIDGE FILM TRusr NOTES TO THE FINANaAL STATEMENTS AT JI MARCH 2025 I. ACCOUNllN6 POLICIES Basls of w•p•rlng the flnandal statemerts The accounts are prepared on a goin8 concern basi5. The dlrectors belleve the goln8 concern b1515 of accountlng Is approprfate because there are no material uncertalntles related to eveirts or condftlons that may cast s18nlllcant doubt about the ablllty of the company to contlnue as a 8olnc concem. Accountl CanntIon The flnanaal ststements hav• been prepared under the historlcal cost conventlon and In accordan wlth the Flnanclal Reportln8 5tsndard for Smaller Entitle5 (effective Aprll 20LBI, the Companies Act 2(X16 and th• requirements of the Ststement of Recommended Prattice Accountlng and Reportln8 by Charltles (SORP 21XJ5). Preparatlon of ¢oniolldatsd fln•nclal At•l•m•nts The flnanclal statements contaln Informatlon aboutCambrld8e Film Tru¥£ as an Indlvldual charlty and do not contsin consolidated financial Inforniatlon as the parent of a group. The charity has taken the optlon under Sectlon 398 of the Compani•s Act 2006 not to prepare consolidatad flnandal staternents. Incomlnl rewurc All Incomln8 resources are Included on the Statement of Flnandal Artl¥ities when the charlty Is lelally entltled to the Income and the amount can be qulntlfted wlth rnasonable accurdty. Grants are reco8nlsed In the Stitement of Flnanclal Actlvltles in the year In whlch they are reolvable. urc•5 exp•nd•d ExPendIre Is accounted for on an accruals basls and his been dassmed under headini5 that a88reg•te ill cost r•lated to the ate80ry. Where costs cannot be dlrecuy attrfbuted to partlcular headlngs they have been allocatsd to artlvltles on a bas15 nsIStent with th• use of resour Governance costs a those Incurred *fth the dmlnlstrdtlon of the charlty and cornpllance wlth c0nstltut1(al and ststutory requirernents. Tanlbl• fmd aii•ts Depreclatlon 1$ provlded at the followlng annual rntes In orderto wrlte off each asset over Its estimated usefvl life. Plant and machln•ry 25% redu¢ln8 balance MotorV•hlcles 25% reducini balan Computer Equlpment 33% Straliht Ilne The charlty Is exempt from corporatlon tsx on Its charftsble athities. Fund accountl Unrestricted funds can be used In accordance wlth the charltsble oblectlves at the dlscretion of the trusteos. Regtrfcted funds only be used for pirtlcular festrlctsd purposes wlthln the obJecLs of the charlty. Restrfctlons arlse vthen speclfied by the donor or when funds are rnlsed for particu14r restrfcted purposes. Further explanatlon of the nature and purpose of each fund Is induded In th• notes to the finandal statement% For•lin currnncles A4ets ind Ilabllltles In forelgn currencie5 are translated Into stsrlln8 at the rdtes of exchange rulln8 at the balance sheet date. Tr4nsattlons In forel8n currencles arn trJnslated Into sterfln8 at the r4te of exthan8e rullng at the date of transactlon. Exchange differences are tsken Into acwunt In arrfvlw at the operatln8 rn5uIt.
CAMBRIDGE FILM TRUST NOTE5 TO THE FINANCIAL STATEMENfs- CONllNUED AT JI MARCH 2025 I REsfRicfED FUNDS Induded wlthln Voluntary Income are Restrlcted Funds. nancIal transaction5 In the year relatlngto the restrlcted funds of the charlty were as fDII¢)ws: In¢orn• 2025 Instltut Ramon Uull I Camera Cat•lonl• It CFF BFI Fan Art Of*On Season BFI Powell & Pre5sbur8er Season ICO Fllm Hub South East BFI- Fllm Festlval Cambrld8eshire Communlty Foundation- Educatlon Prqramme {Includin8 Youth Lab) Brftford Brfd8e Trust- Educatlon Pro8ramme The London school Trust- Educ4tlon Pro8rnmme Cambrldge Clty Coundl~Youth Lab Herefordshire Comrnunlty Foundatlon - Youth Lab The Cole Trust- Youth Lab Marsh Charltsble Trust P05tcode Place5Trust-Youth Lab 4&)1 1.5C 1000 23,000 25.1 8,000 5,CrfJO LC•)O 2.0 2,OLMJ 2.0 5fXI 9,3CII 49A58 1200 1500 All Restrfcted Funds 52.401 AcrivtriES FOR GENEMTING FUNDS 2025 Box office income Events and other Income Sponsorship Submission fees 38,204 1308 57,087 45A63 39,849 5.823 54.547 35,285 135.504 L43,062 TRUSTEES, REMUNERATK>N AND BENEFITS 2025 Trustees, remunerntlon & Expenses Independent Examlners Fees NIL NIL 300 STAFF COSIS 1025 Salarles & Nl Penslon 82,047 1832 83,879 1309 101450 Avar4• St•ff Ilumben Management Tearn 2024 There were no employees with emoluments above £60.000 Pa8e 11
CAMBRIDGE FILM TrUST NufES TO THE FINAKIAL STATEMENrs- copinNUED AT JI MARCH 2025 6. DEBTOIiS: APAOUNTS FALLING DUE WITHIN ONE YEAR XIIS Trade debtors Tamtlon and sodal security Prepayments 672 446 2,203 2.649 9,381 7. CREDITORS: AMOUNTS FAWNG DUE wrrHIN ONE YEAR 2025 Trade credTtors Taxation and soclal securfty Accruals and deferred income 1575 21524 27,561 362 23.060 27,(h56 Deferred Incorne12024) includes £9,300 from the Postcode Plxe5 Trust-youth Lab 2024 Grant. Net movement In funds At31 At iAprfl 2024 a. MOVEMENT IN FUNDS 2025 Aestrfcted fund Unr&strlcted fund 14,438 14.438 (14,0921 14.092 TOTAL FUNDS 346 Net movement in funds Induded In the ab(w are as foll5. Incomln8 ReSoUe5 expended Move in Funds Unrestrlcted fund Re5trlrted fund 174019 188,111 49A58 237.569 114,092) TOTAL FUNDS 223N77 114.092) ULTIMATE CONfiM)LUNG PAKrY Durln8 the the Trust was controlled by the trustee& Pa8q 12
CAMBRIDGE FILM TRUST DEfAILED sfATEMENfoF FiiuNfiAL AcnvmES FOR THE YEAR ENDED 31 MARCH 2025 2025 Incomlng Resources Voluntsry Inc•me Donatlons from Indmduals GrnntslDon•tlons from Companles 30,957 49A58 80A15 28,874 52,401 8L275 Actmuu for Generall Funds Box Office Incorne Events and other Income Sponsorship Subm1$51on Fees 38.204 2,3L 57,087 45,463 143.062 39,849 5,823 54,547 35,285 135,504 Toial Incom1 Reiour¢es 223N77 216,779 Reswrc•J Expended Event Q>sts Fllm Costs Freelance Costs Marketln8 & Publlc Aetatlons Website Costs Wages & NIC Equipment Hire & Small Equipment Purth•se Travellln8 & Hospltallty Bank Char8e$ Other Insurnn Governance Costs (kcountsncy. Bookkeeplng and Examination) Total Resources Expended 20,334 15,457 5¥788 8,971 12.592 IOl450 20339 19?26 4L793 856 12,711 8379 11572 IIN78 6,997 5019 1,684 4,649 211,081 5,041 237, (D•fidt) I Surpl {14,092) 5.698 Pale 13