REGISTERED COMPANY P4UMBER: 0426S713 IEnglaDd and Wales)
REGISTERED CHARrfY hUMBER: 1121620
Report of Ibe Trostees aud
Unaudited FinaThcial statell￿￿ for the Yexr Endcd 31 Dettmber 2024
B20 Limited
Charwell House
WALWM Road
Alton
Hampshire
GU34 2PP

HOLYBOURNE THEATRE
Contsnts ofthe fwa4elal stateD￿t8
for the Year Ended 31 Deeember202A
Page
Report of the Trustee5
Jndependeot ExAmiDer'3 Re￿Irt
Stst¢meRt of Fln*llci*l Adivit
Bal#nee Sheet
Notrs to the Mllancial Ststements
5 to 9
Detalled Statement of ThnaDeTal ActivRlies
io

Report of the Trustees
for the Year Ended 31 Decemkn2024
The tmslees who are also directors of the charity for the puttxw of Ik Companies Act 20069 pr¢sent their report with
the financial statements of the charffty for the year eJ¥Jed 31 Decenkn2024. The trjjstees hav¢ adoptrd the provisions
of Accounting and Re￿rtIng by Ctwiti¢s: Statement of Recommended Practi(* applicable to clharities prepating th¢ir
accounts in accordance with the Financial Re￿rtIng Standard applicable itt the UK and liepublic of Ireland (FRS 102)
{etY¢ctive J Jalluary 2019).
STRUCTUR& GOVERNANCE AND MANAGEMENT
Governi￿£ doeument
The charity is controlled by its governing docW a deed of InFs¢ aThl COn￿lI￿t¢S a limited company. limited by
guarantee. as defined by the Companies Act2(K16.
REFERENCE AND ADMINisfRATIVE DEfAllS
Registered Co]np2ay number
04265713 (Engknd and Wal¢s)
Regtstered Charity Dwbber
1121620
Registered office
London Road
Holyb04une
Alton
Hampshirc
GU34 4EL
Trustets
J Priddle
R D Yellat
K Fd¢Gill
S Wood
P St¢plMLS {4PPOilltal 3.4.24)
Company Secretary
R D Yelland
Independent ExamSNer
Mrs Caroline Scull
B20 Limited
Chartered Certified Ac(xMJntants
Charwell House
Wilsom Road
Alton
GU34 2PP
Appmved by order of the IM)atd of tnkn on ...._..........-......._-............_..
and Si￿ed on its behalf by:
J Priddlc- Tn

Indepelldent ExamIne￿S Report to the Truths or
HOLYBOURNE THEATRE
ndependent examkn¢r'$ report to the trustees of HOLYBOURNE THEATrE (*he Company,)
I report to the clwity Irustees on my exam]ll￿ of the accoullts of the Company the Y￿ ended
31 Decemb¢r 2024.
Respouslbilitk4 and basts of report
As the charity's tru5Èees of the Company (and also its dir¢¢tots forthe Purpo￿ of company law) you ar¢ responsible for
the pr¢paration of th¢ ￿OUnts in accorda1￿¢ with the requi￿ of the CompDies Act 2(X16 (￿¢ Ace).
Having satisfied myself that the accounts of the Company are not required to be audited und¢r Part 16 of th¢ 2(￿)6 Act
and are eligibl¢ for indq)cndent examin￿10￿ I w in r¢5trtt of my examiDation of your charitys accounls as carried
out Under Section 145 of the Charities Act 2011 Ilhe 2011 Ace). Jn carrying out my examination I have followed the
Dir￿tIonS gtv¢ll by the Charity coMmi￿10D undersoaion 145(5) (b) of the 2011 Act.
Xndepelldent ￿￿miller.8 statement
I bave completed rny exsmi￿tion. I confimi that no matters have come to my attention in coonedion with th¢
cxamination giving me c8us¢ to b¢licve:
accounting records were not kept respectof the Cowy as rquir¢d by knion 386 of the 2(M)6 Actr. or
thc accounts do not accord with those recon￿. or
the accounts do not cojnply Ivith the HCCOUnling Teqllirell￿￿ of Sectioa 3￿ of the 2(M)6 Act other Iban any
requiruncDt that the Accounts give a true attd fair view whicb is not a malter coDsidercd as part of a
xnd¢pendent examitiknon" or
the accounts h&ve not been prepard in acconlaoce with the rnethods #Dd principles of tlK Statcmenl of
R¢commend￿ Praaice for accounting and re￿Ing by clwities (appIicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 102)).
be drasvn in this report in order to cnable apropuunde[￿* of the a￿x)ul￿ to be reachfd.
Mrs Caroline Scull
B20 Limited
Chartered Certified AccoulltaDts
Charw¢ll Hou8e
Wilsom Road
Alton
Halltpshire
GU34 2PP
// /¥ /kns
Pag¢ 2

Statement of FU￿￿¢181 A¢¢ivities
for the Year EHded 311)ecember 2024
31.12.24
Unrestrkcted
31.12.23
Total
fjJn(Ls
INCOME AND ENI)OWMELYTS FROM
DonatiOM& grdnts and legacies
5.063
3.191
Charitable Activities
43,951
3.121
35.382
10.485
Totsl
51135
Charitable aethities
Theatre activities
21.819
17,078
Theatre nmDing costs
19,632
30262
Other
475
475
Total
41.926
47.815
NET INCOME
10.209
1243
RECONCILIATION OF FUNDS
Total fi￿dS brought foTward
478,441
477.198
488.650
478.441
Page 3

HOLYBOiJRNE THEATRE
Balatt¢e Sheet
31.1224
31.12.23
Total
tMLs
FIXED A&sKrs
Tangible a&%¢ts
469,716
470,006
CURREiYf ASSETS
Debtor8
Cash at bank and in IwTrd
2.IY21
17.721
3.147
19.742
8,895
CREDrroRS
Amounts falling due within one y￿r
(808)
(460)
NET CURRENT A&sYrs
8.435
TOTAL ASSETS LFSS CURRENT
LIABILITIES
488.650
478.441
NWT ASSETS
488 650
478 441
FUNDS
TOTAL FUNDS
488.650
The charitable company is entitl￿ to cxetyion fro]n audit UDdeT Se(aion 477 of Ihe Collwics Act 2(K16 for the year
ended 31 Dcumber 2024.
Th¢ membcts ha￿ not Erquired the CODyWly to audit of its $￿eme￿ts for the year ended
31 D￿ember 2024 in acconlance with SecÉion 476 ofthe Con4Trallies Act2(h)6.
Th¢ trustees acknowledge th¢ir responsilnlifies for
(a)
ens￿1￿8 that the charitable wmpany k¢y accou￿8 Tcoxlts that conwly with Secttotis 386 and 387 of th¢
Companies A¢t 2(M)6
(b) preparing fjnancial statements which giv¢a and fair view of the state of affairs of the cbaritsble compary as
at the eJ)d of fdch fmaneial year of its SU￿[￿S OT defKii for each financrdl y¢ar in a¢¢ordance witb the
requirements of se￿10￿s 394 and 395 aThl which othenvFse ¢omply wilh the Tequiremats of the Cornpani¢s Act
2006 relating to financial sfatemcnt4 so fara5 appticable to the charitsble conw.
subject to the small companies regim
The financial slatenMts W¢Te approv￿ by the Board of Trostees and 8uthorised For i&we on
nf... and were s?￿d on its behalf br.
J Priddle- TThstee

HOLYBOURNE TAKATRE
N•tts to the fittalltial Slalements
for tht Year Eknded 31 Decekn 2
AccouNfiNG POLICILS
B¥sws ofprep•riug the lknanci¥l staten￿ts
The fitiancial statements of the clwitable coJnFdny. whKh is a public benefit entity under FRS 102. have been
prepared In 2c¢ordanc¢ with tbe ChaTtties SORP (FRS 102) 'A¢wuntiDg and Rep￿tIng by Charities: Stat¢ment
of ReQx)n)m￿Cd Practice a￿liCable to c1wit1￿ preparing thcir accounts in aco)rkn witts the Ftnaucial
Reporttng Si*ndatd applicable in the UK and Republic of Ireland (FRS 102) (effLXtive l January 2019),,
Firtancial Reporting Standard 102 The Fi[W￿lat Rep)rting Stsndard applicable in the UK and Republic of
Ireland, and the Compani&% Act 2(KhS. The fuwml statemuts have pr￿￿Ted utmkr the histOriC81 cost
¢onvention.
Income
Atl income is recognised in thc Statement of Financial Activities onec the clwity I￿S tntitlem¢ot lo th¢ fund5, it
is probable that the income will be received and the amount call Meas￿ reliably.
Expeuditure
Liabiliti¢S 8rc Tecognised as expenditiwe as soon as there is a legal or (xjnththve obligation committing
charity to that expeDditsu4 it is probable thai a traosftr of econ￿¢ beD¢fits wtll bc requircd in settlemenl and
the amount of the obligation iJn be measured reliably. ExpendRth is ac￿Ullted for on an #ccruals b85is aThl Jjas
be¢n cla￿1r￿t under hcadings tt￿t aggregate all cost ￿la￿d to th¢ category. Whrye costs ¢annot be directly
atiributed to particular headings they have been all{￿ted to ￿1vitI￿% on a basis cottsxstent with the use of
TesouEces.
Tangible fixed assets
D¢preciation is provided at the folltiwiog al￿val x*s io fftder to write off eath asset ovcr its e%tiEoated uscfi
life.
Pjaot and machinery
25Yo on (x)st
TAAation
Th¢ charity is cxempt from ¢￿tion tax OD its ctthTitable8Ctivitr
Fttnd accDUUting
Unrestricted funds cau be use41 in accord• with thec]witsble objecltves at th¢ di5Ctrtion of the tn&ee5.
Restricted fimds can only be used for particular restricted putpm wlthill the objects of the chaTity. Restrictions
arise when specifKd by the donor OT when funds arc rniscd forwlicul¥ r&strithdputprx(
Furthcr explatsation ofthenature pU￿oSe ofe&h fi￿d is includcd in thc not¢s to the financAal statements.
CHARITABLE AcfiviTiVS
31.12.24
31.1223
Membffj & frieuds
Youth Theatr¢
Fundraising
Ev¢nt refr¢shments & raffles
26.136
807
5.067
883
18.821
822
5.675
1,856
43
PaEe 5
¢ontinu¢d...

HOLYBOURNE THEATRE
Notes to the Trlnancial StatemeRts- conlitilled
for the Ye*r Euded 31 Detember 2024
INVLSTMENT INCOME
31.1124
31.12.23
Rents received
NKI INCOMW(EXPEI¥DrruRE)
Net i1￿￿ne1(ex￿￿dltsre) ts stated afterdJarginrJ{¢mli¢iagl.
31.1224
31.12.23
Depreci8tion. owned
3.879
4,162
TRUSTKES, REMUNERATION AI¥D BENEFI15
31 D¢¢th 2023.
31 De￿mber 2IY23.
COMPARATIVES FOR THE ￿ATEmE￿r OF FINANCIAL ACIIVITIFS
UDr¢5tti¢t¢d
3.191
CEMritsble ActiYiti&8
35382
10.485
49.058
EXPENDrrtlRE ON
17,078
30262
(Xher
475
Total
NET ]NCOME
1.243
RECONCJLIATION OF FUNDS
477.198

Not¢s to the Fm*Dcial StatemeDts. cwli#ued
for the Ye*r EHded 31 Detember ￿2A
COMPAIL4TIVES FOR THE STATEMEwf OF FINANCIAL ACnvrrl￿- fOBtlnlled
nds
TOTAL FUNDS CARIUFJfv FORWARD
Freelwld
Plaot 3nd
Totsls
cosr
At l Jamwy 2024
462.P
37.364
3,589
500.154
3.589
At 31 Decemkn2024
40.953
503 743
DEPRECIATION
At l JAnuary 2024
cha￿ for year
5271
24.877
30.148
3.879
At 31 Decernber2024
5271
2&756
34.027
i¥rr BOOK VALUE
At 31 Deccmber 2024
457519
12.197
469.716
At 31 December2023
457519
470.006
31.1124
31.12.23
CREDrroRS: AMOUNIS FAtLING DUE wmiiN ONE YEAR
31.1124
31.1223
MOVEMENT IN FUNDS
Net
At
31.1224
At 1.124
iti funds
Unrestrieted fvDds
Building Extettsion
369534
10209
379.743
108.907
478.441
102IFJ
488.650
TOTAL FUNDS
478.441
io
488 650
P•Ec 7

HoLy￿)URNE ThEATRE
Notes to the Stst¢ments- fOAtiDued
for the Year Eamltd 31 Decekn 2024
io.
MOVEMENf ]1¥ FUNDS- eontinued
Net movement in fimd4 included io the atM)ve a￿ tollows:
I￿orning R¢Sour￿￿ Movement
xpexjdal
in funds
52.135
(41,926)
10.209
TOTAL FUNDS
41.926
10.209
CompaT41ives for wovement ID funds
Net
At
31.1123
At 1.123
in fiJnd5
Unrestricted flln(i¥
GeneraE fiu
Building Extellsion
368.003
109.195
1531
288
369.534
108.907
471.J98
1,243
478.441
T(YTAL FUNDS
477.198
in funds
Gene￿ fund
Building Extrnsio
49.058
(47527)
I￿3]
288
49
47.815
1243
TOTAL FiiNDS
1.243
A cutrart y￿r 12 months and prioTy¢ar 12 IM)&tion is follow&
Net
At 1.123
31.1224
UJrestrl¢ted
Geu¢rnl fimd
Building Extrnsion
368.(Kb3
109.195
11.740
288
379.743
108J)7
4T1.198
488.650

for the Yexr Eoded 31 Ik£tmbw2•24
IIL MOVEMEWT IN FUNDS. c•ntl#ued
A (3rrent year 12 mrffjths FWM)ryear 12 c￿nb1￿ nd I￿ern￿ in fillMl4 I￿lI)deA in the gik)ve ate
as folk)ws:
Movonent
exp￿thd in fUI￿S
Unrestrietcd fwAds
General fuFMI
Building ExtCDSiOD
101.193
(89.453)
11.740
288
101.193
11.452
101.193
9.741
11.452
ii.
Page 9

HOLYBOURNE ThEATr
for the Year Faded 31 Iletmber 21124
31.1224
31.1223
Donations
2.191
4576
5.(K53
3.191
26.136
807
5.067
883
11.058
1&821
822
5.675
1.856
8208
Fundraising
Evetyt r¢freshments & rafflfs
43951
35J82
Rents ￿rIved
51135
49.058
ritsble aetiviiws
Cost of perfornwces
Youth Th¢atre
Bar and Tuck shop ¢0sts
TickeiSouw¢ & Sumup fees
10.166
4223
3.655
1961
8,371
3.712
3555
21J19
17.078
Management
InSUTance
1050
4ffj65
7.687
lJ51
1.958
2,912
19,560
1.670
T1￿¢ maintena￿¢ & cleaning
Sundri
Plant alld n)achinoy
19ffj32
30262
Other
475
475
Total resThKces expended
47.815
Net iRto•c
io
Page io

## **HOLYBOURNE THEATRE** 

## **Treasurer’s Report -** 2024 

As always, let me start by thanking Caroline Scull of B20 Limited for producing these accounts so quickly and taking care of all our submissions to the Charity Commission. 

2024 was a strong year for performances which included the trial of a number of “tribute” nights and participation in the Alton Arts Festival. Our income from all performances was a record £26,136 a 39% increase on the previous year.  Our main shows were the Panto (Robin Hood - £8,602), The Ladykillers (£3,948), Wizard of Oz (£2,605) and Blithe Spirit (£2,225). We had tributes from Abba, Taylor Swift and a Cocktails and Divas night – totalling £4,963. Together with youth workshops, visiting Australians (two shows) and folk nights.  This increased our cost of performances and advertising to £11,980 (£8,371 prior year), but this was more than offset by increased revenue from our tuck shop and bar to £11,058 (£8,208 prior year). 

We received £5,063 in funding from grants and donations, much of this from EHDC Councillor Grant funds and Capital funds, and Gift Aid repayments – all this thanks to the persuasive skills of Alison Dickson.  A lot of the maintenance work focused on fixing a number of electrical issues, cladding the bar area in the new foyer, worktops and chairs in the dressing room and backstage comms equipment. 

Income from the Youth Theatre has continued to decline to £5,067 from £5,675 the previous year, probably due to instability in the leadership of the classes which we are trying to resolve. 

Our energy bills jumped by 60% to £4,665 (from £2,912 prior year) as our fixed priced contracts ended last year.  Our energy usage is also increasing as a result of increased events and hirings.  Our hirings are increasing, whilst we are very selective and are not proactively seeking hirers, this is very welcome. 

Overall, we achieved a surplus of £10,209 (£1,243 prior year) with a final bank balance of £17,721.  This gives us some scope for further building improvements.  Ideally, we should maintain a bank balance in excess of £10,000 which is 125% of our annual running costs. 

Bob Yelland 7th April 2025