## **Trustees’ Annual Report for the period** **From 01/04/2024 Period start date To 31/03/2025 Period end date** **Charity name: Thornbury Musical Theatre Group Limited** **Charity registration number: 1124233** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the company are to advance
general education in the arts of musical
theatre and drama, to develop public
appreciation of such arts by the
performance of a variety of musical or
dramatic works, and to support the
development of venues for the performance
of such works.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|TMTG is an adult musical theatre group
which normally but not exclusively
performs three productions a year to
audiences in Thornbury area: a concert, a
pantomime and a main musical production.

In addition, TMTG promotes the Arts
through engagement with community
events including the carnival, the dementia
memory café and local residential homes
through its ‘TMTG Presents’ concert party.

The group previously had a Junior Section.
However, as previously reported in the 23-
24 TAR this has been put on hold on hold
until further notice.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees confirm that they have heeded
the guidance issued by the Charity
Commission on public benefit**.**In addition,
Charity Commission and legal advice was
sought during the previous reporting period
and is being acted upon to ensure
compliance.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference |

Policy on grant making

|

Para 1.38|There is no specific ‘Grant Policy’ in place
at present although, Grants were applied
for from Thornbury Town Council, and
Renishaw to replace equipment both| |---|---|---| |||applications were successful and were
awarded within this reporting period| |

Policy on social investment
including program related
investment
|

Para 1.38|| |

Contribution made by
volunteers

|

Para 1.38|The group relies heavily on the assistance
of volunteers, most of whom are members.
In addition to on-stage performers
volunteers assist in a number of roles,
including set-construction, technical
management, costumes, makeup,
stewarding, and front of house. Without
these contributions the work of the group
would not bepossible| |
Other

||| ## **Achievements and Performance** SORP reference |


Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|




Para 1.20|**Concert 2024** **- ‘Journey Back to the**
**Future’**

This was challenging for several reasons,
yet another new venue as a result of the
Armstrong Hall remaining closed following
lockdown and the continuing negotiations
between Thornbury Town Council and
community groups. Building on the
audience figures in respect of ‘Misfits’ our
previous years concert at St Peters Hall in
Filton. The Committee considered that
there was an imperative to return to a
location in Thornbury, particularly as the
position in respect of the Arts and the
Armstong Hall was developing in a positive
way which included engagement with
TMTG as a major stakeholder. The concert
was therefore staged at the Methodist Hall
in Thornbury, this was not without its
challenges due to the provisions for
disabled access, which would restrict future
use of the venue. However, the show was
a success and was well received. This
approached maintained the groups profile
within Thornbury during an important period
for the Arts.

**MAIN SHOW 2024 ‘Made in Dagenham’**

TMTG's main musical this year was Made
in Dagenham. Once again, the production
was supported byour incredible| |---|---|---| production team who worked tirelessly to provide a quality production. All members pulled together as the group returned to the Olympus Theatre for a second time due to the Armstrong Hall closure. This still required a concerted effort to promote the show and build an audience in a location outside Thornbury. The positive outcome was that the group again was able to spread and promote the arts to a wider geographic and demographic area. This also included an increase in our membership we believe for several reasons: the choice of show; and the opportunity to perform in the venue. It is pleasing to see that our new members have remained with the group. Interestingly TMTG is also attracting members from other groups which provides for a cross fertilisation of ideas and increased resilience. Following the resolving of issues covered in the previous reporting period the group felt able to seek show sponsorship resulting in £1500 from Trust Ford. TMTG again received much praise from the official reviewers, NODA and Rose Bowl. **PANTOMIME 2025 ‘Jack and the Beanstalk’** Again, due to the continued closure of the Armstrong Hall the group were unable to perform within Thornbury. However. the group were delighted to return to the Winterbourne Community Centre (WADCA) for the second year. As stated in the previous reporting period, due to the smaller size of the venue the show was a ‘Pop up Panto’ written by group members and was well received within our increasing catchment area enabling the members to experience and develop in the medium of pantomime, whilst also trying out new ideas and performance times. The show was well received and a success with ticket sales at 80% **TMTG PRESENTS** In addition, TMTG promotes the Arts through engagement with community events including the carnival, Christmas carols, the dementia memory café and local residential homes through its ‘TMTG Presents’ concert party. This was and is considered particularly important to ensure that the group maintains a high profile within the Thornbury area. This activity is undertaken voluntarily by the group for the benefit of many residents who are unable to access or otherwise attend our usual venues. ## **Additional information (optional)** You may choose to include further statements where relevant about: |

Achievements against
objectives set

|


Para 1.41


|The Prime objective was to further build
confidence within both the membership and
audience members to return to the theatre
following ‘lock-down’ as there is still a need
to encourage audiences away from the
streaming services to enjoy live cultural
events. All shows achieved this to a high
standard and were well received.

The second objective was to secure new
venues due to the continued closure of the
Armstrong Hall, whilst consolidating the
groups position in respect of the Olympus
Theatre, Filton and WADCA in
Winterbourne. This was achieved with the
Thornbury Methodist Hall also being used
during the period.

The third objective for this period was also
to rebuild internal confidence and harmony
following the issues covered in the previous
reporting period. This was achieved by fair
and impartial governance particularly in
respect of auditions. There were also a
number of very successful social events,
including a summer party, skittles evening
and a Burns Night supper.

It was also necessary to look outside for
TMTG for specific roles including
technicians and also young people for the
Pantomime. This proved to be a positive
and enriching experience for the group with
both visiting members and long established
members returning to participate.

These objectives were met. In addition the
concert and pantomime made a profit of
**£1911**with the main production Made in
Dagenham also makingaprofit off**£3439**| |---|---|---| |
|


|Having resolved the issues covered in the
previous reporting period that were subject
of the Serious Incident Report the Trustees| |---|---|---| |Performance of fundraising
activities against objectives
set

|Para 1.41|considered it appropriate to submit grant
applications, which were successful.
I.
£1,500 was received in sponsorship
for Made in Dagenham from Trust
Ford
II.
Income is also being generated
from Programme Advertising
III.
Front of House activities e.g., raffles
and confectionary make significant
contribution
IV.
£400 was received from Thornbury
Town Council for a new ‘smoke
Hazer’ machine.
V.
£500 received from Renishaw
towards a new rehearsal and
‘presents’ blue tooth speaker.
VI.
The Hire of costumes provides a
small income which is being
developed.

TMTG Presents made a small income from
donations to support its governance
amountingto**£30**| |

Investment performance
against objectives

|


Para 1.41|N/A| |
Other

||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity sustained financial impact
during COVID as a consequence of the
events involving the former Junior section
which were covered in the previous
reporting period. The focus this year has
been to consolidate, build and look to the
future.

TMTG returned to profit during this period.
Venue issues with newer audiences in a
wider geographical area are still a
challenge, however we are building on
success. This could potentially mean that
our new audiences may travel to see future
productions in Thornbury.

Production costs continue to rise, in
particular venue hire. The Charity's public
benefit is to serve both its members and the
local community,so careful consideration is| |---|---|---| |||given to which shows would be more
popular with audiences (and therefore more
profitable) but also which shows the
members would like to perform. Careful
consideration is also being given to
increasing ticket prices and membership to
ensure an inclusive approach.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|It is the group's policy is to hold reserves
equivalent to the approximate cost of one to
two shows. This would equate to between,
£20-30,000 the group is aware of these
challenges in the current climate and
returned to 3 adult shows one being a
Pantomime to achieve improved reserves.

In addition TMTG has ongoing running
costs which include a Scenery and
separate Costume store although it is
intended to consolidate these during the 25-
26 period to produce efficiency savings.

TMTG also approaches another critical
phase in that the former Armstrong Hall may
be partially reopening during the 25-26
period given that the venue has been
closed for a number of years community
engagement and audience numbers are
therefore an uncertainty. There is a desire
for TMTG to return to the venue and
therefore needs reserves and resilience to
support this potential change.

The Trustees intend to develop and
Implement

1. a financial strategy
2. Risk Strategy
3. Business continuity plans
4. Explore options in respect of further
grants and sponsorship

It is recognised that all of these may not all
be completed within the next reporting
period.| |---|---|---| |Amount of reserves held|Para 1.22|**£15,000 **| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|Nil| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The trustees do not have any concerns
about the charity's ability to continue as a
going concern given the financial
performance of recent shows and the
emergingfinancial strategy.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |

The charity’s principal
sources of funds (including
any fundraising)
|



Para 1.47|Ticket sales and membership fees and
revenue from programme adverts and
sales.



| |---|---|---| |

Investment policy and
objectives including any
social investment policy
adopted
|



Para 1.46|
Under consideration by the Treasurer to
report option to the committee during the
next reporting period.| |

A description of the principal
risks facing the charity

|


Para 1.46|Another epidemic and resulting lock-down
Increasing venue costs
Cost pressures on members leading to
reduced membership income
Cost pressures on audiences leading to
reduced income from productions

TMTG also approaches another critical
phase in that the former Armstrong Hall
may be partially reopening during the 25-26
period given that the venue has been
closed for a number of years community
engagement and audience numbers are
therefore an uncertainty. There is a desire
for TMTG to return to the venue and
therefore needs reserves and resilience to
support this potential change.

| |
Other

||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25
|Memorandum and Articles of Association
dated 6 April 2008 and amended 29 March
2011| |How is the charity
constituted?(e.g
unincorporated
association, CIO)|Para 1.25|Company limited by guarantee.

It is intended to convert TMTG to a CIO
duringthe 25-26 reporting period| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Elected by members at general meeting on
an annual basis| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: |

Policies and procedures
adopted for the induction
and training of trustees
|



Para 1.51|| |---|---|---| |

The charity’s organisational
structure and any wider
network with which the
charity works

|



Para 1.51|i.
Evolution into a CIO is under
Development ii.
TMTG is
affiliated to the National
Operatic & Drama Association
(NODA)
iii.
Is fully engaged with the Armstrong
Hall project iv.
Thornbury Arts| |

Relationship with any
related parties

|


Para 1.51|
As an interested Stakeholder| |
Other

||| ## **Reference and Administrative details** |Charityname|ThornburyMusical Theatre GroupLimited| |---|---| |Other name the charityuses|| |Registered charitynumber|1124233| |Charity’s principal address
(**for the period covered**
**within this report**)|Thornbury Musical Theatre Group
18 Hillcrest
Thornbury
BS35 2JA
| Temporary addresses were in place as a result of the Previous Secretary’s death. At the end of the reporting period the permanent secretary’s address is. Mulberry Cottage Baden Hill Tytherington GL12 8PY ## **Names of the charity trustees who manage the charity** **Name of person (or Dates acted if not for whole body) entitled to** ||||**Name of person (or**
**Dates acted if not for whole**
**body) entitled to**| |---|---|---|---| |










|**Trustee name**|**Office (if any)**|**year**
**appoint trustee(if any) **| ||Andrew Hunt|Chair|
TMTG Membership
and Executive
Committee

06/ 22- 05/24 Deceased| ||David Wrench|Treasurer|| ||Geoffrey Kitchen|Secretary|| ||Cheryl Wrench|Secretary|From 23/02/24| ||Jamie Wright|Vice Chair|| ||Matthew Spencer|Temp Secretary|05/09/2024| ||Tirion Cowell||| ||Kirsty Fraser||| ||Alice Holmes||| ||Pauly Milton||| ||Richard Edwards||| ||Emily Costa||Until 01/07/24 (AGM)| **TMTG Committee Members who were Committee Members but not Trustees during the period.** Debz Spiney Resigned 14/11/24 ## **Corporate trustees – names of the directors at the date the report was approved** |**Director name**|||| |---|---|---|---| |Andrew Hunt|Chair||| |David Wrench|Treasurer||| |Cheryl Wrench|Secretary||| |Jamie Wright|Vice Chair||| |Tirion Cowell|||| |KirstyFraser|||| |Alice Holmes|||| |---|---|---|---| |Paul Milton|||| |Richard Edwards|12/24||| Name of trustees holding title to property belonging to the charity |||| |---|---|---| |**Trustee name**|**Dates acted if not for whole year**|| |**None**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** ||| |---|---| |Description of the assets
held in this capacity
|| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
|Under current arrangements TMTG Ltd holds membership
subscriptions on behalf of TMTG.| |Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets

|| ## **Additional information (optional) Names and addresses of advisers (Optional information)** ## **Type of Name Address adviser** |**Type of**
**Name Address adviser**|**Type of**
**Name Address adviser**|**Type of**
**Name Address adviser**|**Type of**
**Name Address adviser**| |---|---|---|---| ||Solicitor|Keith Arrowsmith
Counterculture
Partnership LLP|https://www.counterculturellp.com.| ||||| ||||| ||||| ||**Name of chief executive or names of senior staff members (Optional information)**||| ||||| ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **Other optional information** For Clarity it should be noted that the Charity Commission report covers 01/04/2023 31/03/2024, whereas the TMTG year runs from May to June with some actions requiring ratification at the groups’ June AGM. Following events that have been fully detailed in the previous reporting period, the trustees continue to enhance and improve financial governance across TMTG. This includes longer-term financial planning and budgetary control sharpening accountability. Debit Cards have been reintroduced for the Chair and Treasurer to allow for flexibility and expedient purchasing. Greater use has been made of technology in respect of ‘Bank Line’ and ‘Free Agent’ to ensure prompt and efficient processes. This has involved engaging an accountant and a new Independent Reviewer. Tt was apparent to the trustees that Since this course of action early indications are increased financial stability and greater cohesion within the group which will be further reported on within the 25-26 period. ~~ee~~ ## **Declarations** **----- Start of picture text -----**
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees Signature(s)
Full name(s)
Position (eg Andrew Hunt
Secretary, Chair, etc)
Date
Chair 21/01/2026
7_
**----- End of picture text -----**
Company Registration No. 06556554 (England and Wales) THORNBURY MUSICAL THEATRE GROUP LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 THORNBURY MUSICAL THEATRE GROUP LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS Page Company information Directors, report Income slatemenl Statement of financial posttion Notes lo the accounts Detailed profil and ioss account THORNBURY MUSICAL THEATRE GROUP LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Directors Andrew Stephen Hunt David Malcolm Wrench Jamie Wright Alice Holmes Richard Charles Martin Edwards Tirion Maria Cowell Kirsty Fraser Paul Millon Company Number 06556554 {England and Wales) Registered Office Mulberry Cottage Baden Hill Tytherington Wollon-under-Edge Glouceslershire GL12 8PY England THORNBURY MUSICAL THEATRE GROUP LIMITED (COMPANY NO: 06556554 ENGLAND AND WALES) DIRECTORS, REPORT The directors present their report and accounts for the year ended 31 March 2025. Principal activity Thornbury Musical Theatre Group Limiled ITMTG} is a tx)mmunity-based performing arts organisation dedicated lo promoting and staging high-quality theatrical productions, concerts. and community performances in Thornbury and the surrounding area. The Group relies heavily on the commitment and enthusiasm of its volunteers, the majority of whom are also members. Volunleers contribute across all aspects of production, including performance, set construction. technicAI management, costume and makeup design, stewarding, and fronl-of-house duties. The Directors wish lo record their sincere gratitude lo all volunteers for their invaluable contributions,. without their support, the Group's work would not be possible. REVIEW OF THE YEAR During this financial year. the Directors have focused on strengthening the Group s finaniaal tx)sition. We are pleased to retK)rt a small bul significant improvement In the Group s finances compared to the previous year. 11 should be noted that following a resolution passed at the Annual General Meeting. the Junior Section has been formally closed. This decision will result in a reduction in lumover in future years- however. it will allow the Group to consolidale resources and concentrate on maintaining high standards in its main productions and (x)mmunity engagement aclivilies. PRODUCTIONS AND ACTIVITIES Concert 2023 - 'Journey Back lo the Future" This production presented several challenges, including the need to stage the concert al yet another new venue due to the ongoing closure of the Armstrong Hall and continued negob'alions belween Thornbury Town Council and community groups. The Comtnittee recognised the importance of maintaining a presence in Thombury and. therefore. selected the Melhodisl Hall as the venue. While the hall posed some limitations regarding disabled access. the concert was a success and well received by audiences. This event played a vital role in sustaining TMTG'S local profile during a key periiKI for the arts within the cotnmunity. Main Show 2023-"Made in Dagenham" The Group returned lo the Olympus Theatre for a se¢ond year due to the conhnued unavailability of the Arrnstrong Hall. Despite being located outside Thombury, the production was successfully promoted and attracted a strong audience. The show also contributed lo an increase in rnembership, driven by tK)Ih the appeal of the chosen production and the opportunity lo perform in a professional venue. The Group was pleased lo secure £1,500 in stK)nsorship from Trust Ford, and received excellent reviews from both NODA and the Rose Bowl adjudi(zlors. The Directors are particularly proud of the (x>llaborab've effort demonslraled by members, which enhanced tK>lh the reputation and resilience of the organisalion. Pantomime 2023 -"Jack and the Beanstalk" TMTG was delighted lo relum to the Winlerboume and District Community Association IWADCAI for a second year with ils"Pop- Up Panto.. written by Mernt￿r5 of the Group. The smaller venue created an intimate performance atmosphere and allowed experimentation with new ideas and performance formals. Ticket sales reached approximately 80 /0, and audience feedback was overwhelmingly positive. The pantomime also provided valuable development opwrtunilies for ffiembers in this perfomian genre. TMTG Presents The Group continued ils important community outreach work thr￿jgh "TMTG Presents. perfom)ing at local events including the Thornbury Carnival, Christmas carol services, the detnentia rnemory café, and IIKal residential hotnes. These performances are delivered voluntarily and form a key part of TMTG'S tnission to rnake the performing arts accessible to all, especially those Ljnable to attend larger public venues. FINANCIAL REVIEW The financial position of the Group has improved m(xlesUy during the year, reflecting (Xreful cost management, increased sponsorship incoffle. and strong audien￿ support_ The Directors remain comrnitted to ensuring the Group operates sustainably while continuing lo deliver high-quality productions and community engagement activities. FUTURE DEVELOPMENTS The Directors continue lo monitor developments regarding the Amstrong Hall with interest, and remain oplimislic about a potential return to a dedicated performance space in Thombury. TMTG will continue to build on its recent SUC￿SSeS. strengthen community partnerships. and explore new opportunities lo engage audIen￿S and attract new members. ACKNOWLEDGEMENTS The Directors wish to exp￿$$ their Since￿ thanks to all members, volunteers, sponsors. and supporters whose enthusiasm and dedication ensure the continued success of Thombury Musical Theatre Group Limited Approved by the Board on 28 October 2025 and signed on ils behalf by.. David M. WRENCH Director Thornbury Musical Theatre Group Limited DireGtors The following directors held office during the whole of the period= Andrew Stephen Hunl David Malcolm Wrench The following directors were appointed during the peri(Kl= Jamie Wright was appointed on 20 May 2024 Tirion Maria Cowell was appointed on 20 May 2024. Matt Spencer was appointed on 20 May 2024. Kirsly Fraser was appointed on 21 May 2024. Emily Cosla was aptKJinted on 22 May 2024. Alice Holmes was appointed on 2 July 2024. Paul Milton was appointed on 2 July 2024. Richard Charles Martin Edwards was appointed on 1 DeCem1￿r 2024. The following directors resigned during the period Geoffrey Ralph Kitchen resigned on 21 May 2024. Em11y Cosla resigned on 2 July 2024. Matt Spencer resigned on 1 December 2024. Statement of directors, responsibilities The directors are responsible for preparing the rep(Kt and accounts in a(xX)rdan￿ with applicable law and regulations. Company law requires the directors lo prepare ac(x)unts for eath financial year. Under Ihat law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the slate of affairs of the company and of the profit or loss of the company for that pericxl. In preparing these accounts, the directors are required to= select suitable accoLJnting polioes and then apply them consistently.. make judgements and estimates that are reasonable and prudent., prepare the accounts on the going concem basis unless il is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate ac(x)unting records that are sufficient lo show and explain the company's transactions and disclose with reasonable accuracy al any time the financial position of the company and enable them to ensure that (he accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the tx)mpany and hence for taking reasonable steps for the preventson and detection of fraud and other irregularities. Small company provisions This report has b￿n prepared in accordance with the special provisions relab'ng to srnall cornpanies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors Andrew Stephen Hun1 Director Approved by the tx)ard on.. 28 October 2025 THORNBURY MUSICAL THEATRE GROUP LIMITED INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Turnover Cost of sales 34,154 123,9851 47,053 136,2361 Gross profit 10,169 10,817 Administrative expenses Other operating income 110,3881 900 116,5121 Operating profitl(loss) 681 15,6951 Profitl{loss} on ordinary activities before taxation 681 15,6951 Tax on profivllossl on ordinary activities ProfiUlloss} for the financial year 681 15,6951 THORNBURY MUSICAL THEATRE GROUP LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 928 Current assets Debtors Cash at bank and in hand 356 19.045 18,446 19,401 18,496 Creditors.. amounts falling due within one year (1,9711 18191 Net current assets 17,430 17,677 Net assets 18,358 17,677 Capital and reserves Profil and loss accounl 18.358 17,677 Shareholders. funds 18,358 17,677 For the year ending 31 March 2025 the company was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts_ These accounts have been prepared in accordance with the provisions applicable to (x)mpanies subject to the small companies, regime and in accordan￿ with the provisions of FRS 102 Section 1A - Small Entities. The financial slalements were approved by the Board of Directors and authorised for issue on 21 O¢tober 2025 and were signed on its behalf by Andrew Stephen Hunl Director Company Registration No. 06556554 THORNBURY MUSICAL THEATRE GROUP LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 1 Statutory information Thornbury Musical Theatre Group Limited is a privale company, limited by shares. registered in England and Wales, registration number 06556554. The registered Offi￿ Is Mulbery Cottage. Baden Hill, Tylherington, Wotton-under-Edge, Glouceslershire, GL12 8PY, England. 2 Compliance with accounting standards The accounts have been prepared in ac(x)rdance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from the standard. 3 Accounting policies The principal accounting poliaes adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been tx)nsistently applied wiihin the same a(￿OuntS. Basis of preparation The accounts have been prepared under the historical cost (x)nvention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented In £ steding. Tangible fixed assets and depreciation Tangible assets are included al cost less depreciation and impairrnent. Depreciation has been provided at the following rates in order lo write off the assets over their estimated useful lives.. Plant & machinery Computer equipment Straight line depreciation over two years Slraighl line depreciation over two years 4 Tangible fixed assets Plant & Computer machinery equipment Total Cost or valuation Al 1 April 2024 Additions Al cost Al cost 641 569 1.210 At 31 March 2025 641 569 1,210 Depreciation Charge lor the year 187 95 282 At 31 March 2025 187 95 282 Net book value At 31 March 2025 454 474 928 5 Debtors 2025 2024 Amounts falling due within one year Trade debtors Other debtors 25 331 356 50 THORNBURY MUSICAL THEATRE GROUP LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 6 Creditors: amounts falling due within one year 2025 2024 Trade creditors Other creditors Accruals 1,791 65 25 729 180 1,971 819 7 Average number of employees During the year the average number of employees was O (2024.. 0). 10- THORNBURY MUSICAL THEATRE GROUP LIMITED DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 This schedule d(￿ not form part of the statutory accounts. 2025 2024 Turnover Sales 34,154 47,053 Cost of sales Other direct costs 23.985 36,236 Gross profit 10,169 10,817 Administrative expenses Renl Rates Light and heal Stationery and prinb'ng Subscriptions Bank charges Insurance Equipment expensed Depreciation Bad debts Sundry expenses AccounlaTrcy fees Advertising and PR Other legal and professional 5,160 1697} 62 8,094 400 100 485 260 13 1,396 554 230 31 792 282 50 3,910 555 4,185 360 421 244 13 10,388 16,512 Other operating income Govemmenl grants 900 Operating profitl(loss) Profitl{loss} on ordinary activities before taxation 681 15,6951 681 15,6951 INDEPENDENT EXAMINERS REPORT To the Tn￿teeS of THORNBURY MUSICAL TEIEATRE GROUP LIMtTED Charity No 1124233 Company no 065556554 (England and Wales) I report on the accounts of the charity for the year ended 31 March 2025 The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with th¢ lernis of the Charities Act 201 J ('the Acl"). It is my responsibility to examine the accounts as required under section 145 of the 201 l Act and in carrying out my examinatiotL I have followed all the applicable Directions given by Ihe Ch￿lty Commission under section 145(5)(b) of the Act. and to state whether particular matters have come io my attention. My examination is carried out in accordance with the above regulations. The examination includes a review of the accounting records kept by the charity and a comparison of ihe accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's stalement Audit Finding: Observation.. Duringthe audit, itwas noted that the implementation of Free Agent Sofv8re had vastly improved the record keeping and purchase transaction supporting documentation is now readily available. As previously disclosed by the Directors and Trustees. there was a split in the organization between the Adult and Junior sections { due to reasons already referred to and reported to the Chariiies Commission in November 2024.) This split has resulted in a breakdown of conununications between the two parties. During my examinatiory no matter has come lo my attention which gives me reasonable cause to believe that in any material respect, A) The accounting records were not kept in accordan￿ with section 130 of the Charities Act. Disclosures - Legal Advice was taken by the New Board of Trustees/Directors because of their Incident report to the Charity Commission. TMTG Association hold Restricted Funds on behalf of TTr￿G Ltd (FY2024-25), those funds being membership fees which must be used for the purpose of providing the services of TMTG as an Agent ofTEv￿G Ltd to the Membersm. p. Due to the complex nature of charity matters, this only came to light after the said legal advice wag taken. The New Board of Trustees/Directors have looked into this. Due to the complex nature of charity matters, I am not qualified lo comment on this However during my meeting with Richard Edwards on the 17th Augu8t 2025 it was Confirnied that the above has been resolved and ThffG Association has been dissolved and all members and funds are now part of TMTG Lt The new TrusteeslBoard of Directors improved the record keeping for the Year 2024-2025. and implemented Free Agent Software and Financial Control has now improved. Name: Philippa Murray Company Accounianl Address: l Evelyn Road, Bristol BS10 5DU Date.. I l January 2026