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← The Guildford Institute

2025-07-31-accounts

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Annual Report and Accounts
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| Contents

Trustees’ Report

Trustees’ ReportReport
Chair’s Introduction il
Our Year at a Glance 2-3
Who we are 4
Whatwe do 4
Where we are 4
Our values 4
Our key achievements this year 5-12
Important developments from July 2025 & future plans 13
Our people 14-18
Structure, Governance and Management 19
Statement ofTrustees’ Responsibilities 20
Financial Report 21
Reference and Administrative Information 22
FinancialSummary
Independent Examiner's Report 23
Statement of Financial Activities 24
Balance Sheet 25-26
Notes to the Financial Statements 27-35
DetailedStatementofFinancialActivities 36-37

i Chair’s Introduction The Board of Trustees is delighted to present the Annual Report of a charity committed to enriching the lives of individuals and the community as a whole.

This report serves as an overview of our principal activities and community initiatives along with a summary of achievements and developments for the year under review, August 2024 - July 2025.

This has been the first year for some time when crisis management was not the main focus of the board's activities. The opening of the Community & Wellbeing Centre was the culmination of the project to bring the ground floor of The Guildford Institute (Gl) building back into community use after being vacated by the bank. This was a complex project which involved relocating many of our tenants from the top floor into new, upgraded and better facilities at the front of the building. This also involved a great deal of necessary refurbishment of the fabric of the building despite being conducted to a very tight budget. With further work done on the top floor, the GI has facilitated a great deal of refurbishment of the building and now has exclusively tenants who work within the local community.

While the financial rewards of these major changes have had an increasingly stabilising effect as the year has gone on, they do not compensate for the loss of the bank's revenue. We have therefore had a second major project, increasing the number of courses and activities offered, particularly during our traditionally quiet periods. Moving away from the three-term structure has been central to this rethinking of our core offer. We have also worked hard to improve our offer in the evenings and weekends, most notably througha series of music events held in the early months of 2025.

The next challenge for us will be to look at ways in which we can respond to the North Street development which will bring increased workers and town centre residents into our immediate proximity.

Just prior to the start of the financial year we saw the return of Gl Manager Amy Rice from maternity leave with Lisa Taylor becoming our Business Development Manager. It has been clear for some time that we need a more professional fundraising/grant applications approach to help fund the maintenance of the building. Lisa has succeeded in securing some major fundraising for the GI and has also gained welcome sponsorship funding for the brochure and special events such as the VE Day tea party.

Throughout my time as Chair, | have been supported by an exceptional board, and during the year we have been successful in recruiting a number of new trustees which | am sure will help refresh our approach as we enter a new era. After almost six years as Chair, | feel very comfortable to hand over the reigns to Sallie Barker knowing that we have a strong team of trustees to support her, an exceptionally able and enthusiastic staff and a stable financial position on which to build.

It has been a huge privilege to lead the Gl for these past few years and | feel very confident that the future will be one of ever greater contribution to the local community of Guildford.

BRIAN CREESE

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The Guildford Institute Annual Report & Accounts 2025
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| Our year at a glance
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inlfe) Increased the number of afternoon talks by 25%

Won the Work in the Community Award at the Experience Guildford Business Awards

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Our brand new Community & Wellbeing Centre was opened by the Mayor of Guildford

Ran a successful fundraising quiz, raising over £1,280

o> Dy Created the Gi Music Lounge. 79% of people attending the first 2 events were new to the Gl Us@ © @ Provided an accessible meeting place, with 82% of room hire bookings from other charities

Served almost 10,500 people in our vegetarian community café

ef°/ aly tS Collaborated with Keep Me Cosy to collect warm winter donations

Offered 65 online sessions, for those who find it easier to take part from home

Introduced Pay What You Can scheme for our afternoon talks

ep Selected as tea shop Bird & Blend’s ChariTEA of the year 2025

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Grew our volunteer team with 5 new supporters in the library & at events UH I-00 EVENTS eeeoogdoa oowx7 Changed our programme to increase evening, weekend & holiday activities © oO The number of people we reached on social media grew by 233%

Provided staff training for Mental Heath First Aid

i Our year at a glance

Received grants from Garfield Weston & Community Foundation for Surrey

Ran a community tea party to celebrate the 80" anniversary of VE Day

Saw a 20% increase in room hire, providing us with important income

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Provided 1,114 hours Introduced new subjects of teaching as part of our including Interior Design, course programme Essential Oils and Soap Making

O @ oorfee rm Welcomed 500 brand new attendees to our activity programme

Promoted wellbeing by offering 175 Tai Chi sessions

Introduced a lunchtime music series with Guildford Jazz

Offered 50 free drop-in sessions to tackle loneliness

ME» el 2 aan’: Hisy, Continued to be part of the Safe Places National Network & drop-off point for a Community Food Bank

Celebrated 10 year long service awards with 1 staff member & 3 volunteers

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Provided space for music clubs, | Hosted free drop-in groups, Partnered with Open Access who ran 2 performances per including language, writing, Arts to offer free & creative month throughout the year knitting & reading circles dementia-friendly sessions

The Guildford Institute Annual Report &

Accounts 2025

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| Who we are The Guildford Institute is a local registered charity and limited company, providing cultural education to people in Guildford and beyond in an accessible and friendly environment.

We are open to all and serve a diverse audience from across the Local community, including older people, professionals, young people and children.

We are governed by a board of trustees and operate with a small professional staff team, supported by volunteers and interns.

| What we do We deliver a flexible, high quality and diverse range of activities and provide space to support a variety of local groups and charities.

Our principal business is the provision of education and cultural events to the adult community through courses, events, visits, talks and access to our historic library and archive. We focus on offering a welcoming space for everyone to learn, socialise and take time for their wellbeing.

We are also home to a group of talking therapists, including counsellors, psychologists, psychotherapists and family mediators. Since September 2025, these therapists have operated from our dedicated, newlyopened Community & Wellbeing Centre, on our ground floor.

We run an accessible community café, which is open to all, providing quality, healthy and nourishing food and refreshments in a comfortable and welcoming space. It has been proudly vegetarian for over 40 years.

In order to subsidise our charitable activities we also lease out parts of Grade II listed building.

| Where we are We are based on the corner of North Street 66 ane Ware Stee tall erie ineaniet (Giileiond; Guildford Institute is a wonderful resource le we have been educating, inspiring, and our town is very lucky to have it! andoveruniting130 years.people across the local area for xs)

| Our values

Our values are simple, we

e deliver quality in all we do

e value participation

The Guildford Institute Annual Report & Accounts 2025

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i Our key achievements this year

We made significant changes to our activity programming. We succeeded in increasing our audience and the breadth of events on offer

In February 2025,we moved away from our long-standing three-termly, traditional academic structure and instead switched to two six-monthly programmes per year. By doing this, we aimed to make greater use of previously quiet times in the academic calendar, such as August and school half terms, and ensure our only closure periods are national holidays.

We offered more of everything and a wider range of activities too. Particular achievements this year included:

With thanks for another year’s diverse, interesting, mind-stretching programme ofhappenings, so many on offer.

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The Guildford Institute Annual Report & Accounts 2025

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| Our key achievements this year & Our new Community & Wellbeing Centre was completed in September 2024

Having begun redevelopment works works on the ground-floor of our our building in the previous financial year, these these were completed in September 2024.

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marked this achievement by hosting an opening ceremony for the achievement by hosting an opening ceremony for the by hosting an opening ceremony for the hosting an opening ceremony for the an opening ceremony for the opening ceremony for the ceremony for the for the the ca .
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As part of this this project, we we created six purpose-built therapy rooms, purpose-built therapy rooms, therapy rooms, rooms, to be used to provide much-needed much-needed mental health support for the health support for the support for the for the the community in the daytime, evenings in the daytime, evenings the daytime, evenings daytime, evenings evenings and weekends. weekends.

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We marked this achievement by hosting an opening ceremony for the achievement by hosting an opening ceremony for the by hosting an opening ceremony for the hosting an opening ceremony for the an opening ceremony for the opening ceremony for the ceremony for the for the the space in November 2024, November 2024, 2024, which was covered was covered covered by Surrey radio station Surrey radio station radio station Brooklands Radio. The The Mayor of Guildford, Guildford, Sallie Barker MBE, officially opened opened the Community & Wellbeing Community & Wellbeing & Wellbeing Wellbeing Centre, and we were and we were we were were joined by local local individuals, including Zoe including Zoe Zoe Franklin (MP for Guildford) for Guildford) Guildford) and Guildford Borough Councillors Vanessa Vanessa King and Amanda Amanda Creese.

The Guildford Institute Annual Report & Accounts 2025

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t Our key achievements this year

As a team ofpsychotherapists and psychologists with a diverse range of special interests and expertise, we provide a much-needed service for psychological support, trauma recovery, and training. The Community & Wellbeing Centre is a purpose built, peaceful and confidential space in the heart of Guildford.

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We ran a wealth of successful community events this year. Of particular note was our tea party to celebrate the 80th anniversary of VE Day. With the support of Waitrose, we welcomed many community members free of charge.We partnered with Open Access Arts to encourage quests to share their experiences of wartime which resulted in the creation of a beautiful memory tree. One very special guest, 104-year-old Dorothy, shared her memories as a codebreaker at Bletchley Park. Occasions like this, when we can bring people together, are at the heart of what we do.

! worked at Bletchley. | was the first to know war was over! Soldiers° burnt 3 chairs° to celebrate. Dorothy, former codebreaker 99

6G To my dear husband Fred. Sorry | couldn't tell you what | really did during the war and that, when the time came that | could, you had unfortunately passed away x %9 The Guildford Institute Annual Report & Accounts 2025

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Our key achievements this year

In addition to our events programme, we continued to utilise our building with the aim of promoting community wellbeing. For example we:

e Partnered with Keep Me Cosy and collected a vast amount of warm winter donations for those struggling with cold over the winter e Were part of the Safe Places National Network, offering help to e those in need of support when they're in the town centre Acted as a drop-off point for a local Community Food Bank

We were thrilled to be selected as winners of the Work in the Community Award at Experience Guildford’s Business Awards in July 2025, which saw us compete against numerous long-established organisations within the town.

Category judge Guildford Borough Council Councillor Stephen Hives stated that he selected us as the award winner ‘for their tireless imagination for what more can be done”. He elaborated: “The Guildford Institute champions community wellbeing byactivities offering affordable courses, free talks, and social isolation. that bring people together and combat Its lively programme—spanning art, history, languages, wellbeing and more—welcomes hundreds ofresidents each week, making the Institute a true hub for learning, friendship and local support.” 99 When opening their new store in Guildford in November 2024, independent tea company Bird & Blend selected us as their ChariTEA of the Year in recognition for our work within the local community. Having been selected, 50% of in-store profits of unique store blend, Surrey Hills, are donated to our organisation.

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Our key achievements this year

We lea[We][collaborated][with] .[a][wealth][of][ local][organisations] .[and][charities] _.

Examples of collaborative projects included:

Work with Open Access Arts to deliver a series of free creative sessions for those with Dementia.

We continued our long-standing relationship with Halow Project. Halow supports people aged 16+ with learning disabilities and/or autism on their journey into and through adult Life. GI Tutor, Hilary Underwood, supports attendees each week to produce creative projects. We ran a free exhibition from May — July to showcase the artwork of group members in our café.

These partnerships enable us to widen the support we can give to the community.

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The Guildford Institute Annual Report & Accounts 2025

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| Our key achievements this year

° ® dats[Our][room][hire] e[offering] e[went][ from][strength][to][strength] We are proud to reflect a 20% increase in income received from roomhire. This comes directly following a 31% increase in room hire income in the 2023 - 2024 financial year.

In addition to providing vital income for our charity, our room hire offering enables us to provide an accessible space for diverse community members to meet and socialise. 82% of our room hire clients were charitable or not for profit organisations and we provide significant discounts for these groups in our room hire fees as a means of supporting their work.

Included in our list of regular charity hirers are:

Focus on Room Hirers: The Elizabeth Johnson Organisation

We at The Elizabeth Johnson Organisation have been using facilities at The Institute for many years and have always been extremely happy with the service provided. We run English language camps for overseas children and so use the rooms for teaching English.

So why do we love being at The Institute? Of course, there is the excellent location and different sized rooms to allow the flexibility to split groups according to language ability levels and the very reasonable costs. But the overriding factor that keeps us wanting to return again and again has to be the fantastic staff and how they welcome us and make us feel valued as clients. The personalised and high quality service. The friendly faces making sure they are doing all they can to make you feel welcome and a part of the community. Their willingness to go that extra mile to make sure your time at The Institute is a positive experience. Some premises can make you feel like your being there is a nuisance, but at The Institute you feel welcomed, valued and an important addition to their community.

The Guildford Institute Annual Report & Accounts 2025

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| Our key achievements this year

ye, Ourwhilst communityalso providing vegetariana friendly café space providedfor healthyfree events mealsto take for localplace people,

Our community vegetarian café served 10,500 people, a 23% rise on the previous year, having increased its operating days.A daily-changing menu offers nutritious, freshly-cooked meals with a warm welcome.

The café provides a friendly space for community groups to meet free of charge, including:

e The Macular Degeneration Society

¢ Meetings on behalf of the national Chatty Café Scheme - the UK’s leading non-profit organisation tackling loneliness

¢ A Guildford Artists Support Platform (AGASP), which facilitates collaboration between local artists

We created a partnership with Guildford Jazz, who have begun hosting monthly Jazz Lunch events in the café. These events are extremely popular and succeed in bringing new people into our building, whilst providing Guildford Jazz with a free venue to host their events.

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The Guildford Institute Annual Report & Accounts 2025

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| Our key achievements this year “@&> We continued to grow the use of our library, to ensure as many people as = possible see this wonderful historic asset Our library has been open to the public since 1892 and remains a ay grip free resource for the local community to borrow books and access nnya wea we we |:ighis~TA:ighis~TAighis~TAis~TA~TATA eis:: : our impressive historic archive. tt LONEANDAND

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A key focus for us has been to promote and diversify the use of this special treasure trove, opening the space up for local events, our activity programme and room hirers alike. For example, the library was used by private room hirers on 137 occasions, with hirers ranging from Guildford Astronomical Society to the NHS, who use the space weekly to host a support group for those with personality 7 disorders.

Werun ourare Library.lucky to Betweenhave a team the 12of extremely individuals dedicatedinvolved,volunteers they have been who volunteering for our organisation for an impressive combined total of 86.5 years! We are incredibly grateful for their support.

ee We received lots of support and want to say thank you

We are proud to have been supported by many individuals, organisations, trusts and foundations. Generous supporters included The Garfield Weston Foundation and Community Foundation for Surrey. Following the sad dissolution of The Friends of Guildford House, we were grateful to have been voted by their membership as one of the key beneficiaries of their charity's funds. We are really appreciative of the generosity of these organisations and for donations from kind individuals who have supported the GI and would like to take this opportunity to formally thank everyone who has been involved.

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The Guildford Institute Annual Report & Accounts 2025

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| Important Developments since July 2025 &
Future Plans
Brian Creese has decided that after a period of more than five years as our Chair, he will be stepping
down from the board of trustees at the end of December 2025.
e \ =a * = | —— 4 oe
4 ‘ee aed o Ad During Brian’s time as Chair, the the Institute has faced some faced some some considerable challenges, which which have included\
navigating the impact of the the COVID-19 pandemic and the loss of our our banking tenant (The Royal Bank of\
Scotland) on the ground-floor of our our building after a period of 58 58 years in occupation. These events have\
put significant financial pressure on the Gl and it has been only with with considerable hard work work and\
creativity that we’ve that we’ve we’ve been able to positively navigate navigate these challenges, all under the the leadership of Brian. Brian.\
On behalf of everyone everyone involved in the GI, we we would Like to extend a special thank you thank you you to Brian for the the\
huge impact he has had on our organisation and the the extensive amount of time time that he has dedicated.\
Weroleare ofChairpleased in January 2026.toroleare ofChairpleased in January 2026.toare ofChairpleased in January 2026.to ofChairpleased in January 2026.topleased in January 2026.to in January 2026.to January 2026.toto announce that SallieSallie was co-optedBarker MBE towill the trusteebe SallieSallie was co-optedBarker MBE towill the trusteebeSallie was co-optedBarker MBE towill the trusteebe was co-optedBarker MBE towill the trusteebe co-optedBarker MBE towill the trusteebeBarker MBE towill the trusteebe MBE towill the trusteebe towill the trusteebewill the trusteebe the trusteebe trusteebebe taking boardon boardonon theinin Ba\
November 2025 2025 and is very familiar with the very familiar with the familiar with the with the the GI having been Mayor of of ‘eee 1 1\
Guildford in 2024 - 2025. She 2025. She She has a passion for working within working within within the a *\
community and and is Chair of of a number number of organisations, including organisations, including including British Blind Le, >." ?
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During Brian’s time as Chair, the the Institute has faced some faced some some considerable challenges, which which have included navigating the impact of the the COVID-19 pandemic and the loss of our our banking tenant (The Royal Bank of Scotland) on the ground-floor of our our building after a period of 58 58 years in occupation. These events have put significant financial pressure on the Gl and it has been only with with considerable hard work work and creativity that we’ve that we’ve we’ve been able to positively navigate navigate these challenges, all under the the leadership of Brian. Brian. On behalf of everyone everyone involved in the GI, we we would Like to extend a special thank you thank you you to Brian for the the huge impact he has had on our organisation and the the extensive amount of time time that he has dedicated. Weroleare ofChairpleased in January 2026.toroleare ofChairpleased in January 2026.toare ofChairpleased in January 2026.to ofChairpleased in January 2026.topleased in January 2026.to in January 2026.to January 2026.toto announce that SallieSallie was co-optedBarker MBE towill the trusteebe SallieSallie was co-optedBarker MBE towill the trusteebeSallie was co-optedBarker MBE towill the trusteebe was co-optedBarker MBE towill the trusteebe co-optedBarker MBE towill the trusteebeBarker MBE towill the trusteebe MBE towill the trusteebe towill the trusteebewill the trusteebe the trusteebe trusteebebe taking boardon boardonon theinin Ba November 2025 2025 and is very familiar with the very familiar with the familiar with the with the the GI having been Mayor of of ‘eee 1 1 Guildford in 2024 - 2025. She 2025. She She has a passion for working within working within within the a * community and and is Chair of of a number number of organisations, including organisations, including including British Blind Le, >." ? Sport and and Guildford in Bloom. :32 345 345 re

We have begun the 2025 - 2026 financial year with a focus on partnership working with other likeminded organisations. In August 2025, we partnered with Foodwise to deliver two successful, free family activity days in our building, with the aim of reaching families in need.We were also one of the primary venues for successful inaugural years of Sustain Film Festival and Guildford Festival of the Arts. The latter saw our historic library visited by over 350 individuals during the event weekend. We plan to maintain this momentum throughout the financial year.

Another key focus for us will be making improvements to our historic, Grade II listed building. We successfully raised funds in the autumn of 2025 to conduct some essential maintenance to the exterior of our building.We hope to complete these works in early 2026. With these essential exterior works complete, we will fundraise to conduct a large-scale refurbishment project of the first floor of our building. Home to our Assembly and Old Billiard Rooms, the first floor represents the heart of the Gl and is where the majority of our activities take place.We look forward to being able to modernise these areas to help futureproof our organisation for many years to come.

The Guildford Institute Annual Report & Accounts 2025

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i Our People

We are governed by a board of trustees and operate with a small professional staff team along with volunteers and interns. We are extremely grateful for the hard work and dedication shown by all of these individuals.

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Trustees
<<, — Brian Creese, Sallie Barker MBE, ~’ David Cheeseman,
\ —) Chair # Future Chair Vice-Chair
wae) ' Background in: czy Background in: Background in:
—) — Education, — Leadership, Former Transport and
Be TV/Video 1) 7) Mayor of Guildford higher education
\ 4 s Elected 2019 SFY coopted 2025 P Elected 2019
Mike Kirby, yy Sophie Chapman i, or. ’ Janet Crowe
Treasurer _ Background in: 5 ' Background in:
Background in: : Transport went py z raid The criminal
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Elected 2020 Elected 2017 Elected 2018
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(9 Phil Davies Tom Heasman ; Alyson Stock
\« Background in: Background in: Background in:
be :2 sectorPublic andleadershipcharity economics,Strategic change, Strategybusiness and
' computer science development
Elected 2022 Elected 2021 Coopted 2025
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----- Start of picture text -----
Tammy Ellis Andrew Waters Paul Hienkens
Background in: ; Accountancy and See SIMS
Art Historian and eo Risk Management | Business
( They Ban ee Management &
Cocpted ee aN Consultation
2025 caopted- 2025 $e-4LE Coopted 2025
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Focus on Tammy Ellis, Trustee & Former GI Tutor for 17 years

As a former tutor and current trustee of the wonderful Guildford Institute, | really want everyone to know about its superb attributes. For me, the Institute is like a warm hug as you come in from an increasingly challenging outside world. Of course, the Gl is a place of arts education and cultural stimulation but it is equally a community space where people come together to be welcomed and uplifted.

The Guildford institute Annual Report & Accounts 2025

14

| Our People

Staff team

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4 Amy Rice Lisa Taylor Chelsea Wade | » i /..
a e Institute Business Programme w> 1 2
YS Manager Development Manager 3 ~
i , Manager 1,
Lydia Ferguson Emma Abrams Vicky Pursey
Programme Marketing & Finance
Manager Comms Officer / Officer ————
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Amy Mason Mark Finn Antonio ‘a is
Events & Evening Stifani a Fe
Community Steward Caretaker Sieg = fm,
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' er, Assistant sfiiidrora =
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on Amy Mason, Events & Community Engagement Assistant " h =i1, ce)“NC i)if
Amy has worked at the GI for 10 years, having coordinated various areas in = 4 . jl
the programme from Wednesday talks and visits to special events, " i 4
exhibitions and volunteer recruitment/training. She loves finding new s J 4 af
speakers to come to the Gl and enjoys the ability to be creative with our Be
offering, from costumed speakers and live singers to trips to museums and ry ’ Fr aS
country houses. She is never happier than seeing the Assembly Room full of ee, a & é.
people awaiting a chance to learn new things. She also enjoys the <a. a |
community side of the GI including celebrations like the Diamond Jubilee = WA \
Street Party and VE Day celebration, which have such a warm feel, as well as I , ¢
initiatives like Chatty Café which bring people together for company and “s
friendship. éé =~
You will often see Amy at the main desk enthusiastically telling new people : \ a et
who have just found us about the many benefits of getting involved in the Gl. 5 ¥ a Vy,
2 -
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The Guildford Institute Annual Report & Accounts 2025

15

| Our People

Our Interns & Volunteers

Our organisation relies on the support of a team of volunteers, who give their time in tasks as varied as:

  • e Running the Gl library, which is staffed exclusively by a team of volunteers

  • e Assisting with events organisation and delivery

  • ¢ Assisting with the maintenance of our Grade I] listed building

  • ¢ Working on our Reception and assisting with admin e Producing greetings cards to raise funds to our organisation

This year, we celebrated the ten-year anniversary of three of our volunteers joining our team. Tom Crawshaw, Viv Crawshaw and Sandra Cumming have given a huge amount of time to the Gl library and we are extremely grateful to them.

Focus on Becca Tompkins, Community & Engagement Intern

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| have been volunteering at the GI since February 2025...1 have
met many lovely people, had many great laughs, and generally
had the best time. ah,
One main reason | started volunteering is to become more = @ a
independent. | have volunteered at libraries and other charities —
but none like this one. The idea of helping the community and “4
providingin the future. support where | can makes me want to do much more » Oa. +)
?
There are many memorable memorable moments, but the but the the best ones are ones are are aay
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There are many memorable memorable moments, but the but the the best ones are ones are are aay meeting regular users of the GI and catching up or seeing others who I’ve known from outside the GI and having that funny moment when you realise you know each other. | find the best moments are simply having a conversation or seeing a smile from someone, making their day better.

What | most like about volunteering is the environment; everyone is so welcoming and helpful. | also love working with the community and meeting the variety of people we have enter the building.The spreadsheets and website edits are also a fun bonus!

To anyone thinking about volunteering, | would say do it! It’s a great environment, enjoyable experience and worthwhile. It’s hard to find something | enjoy doing so much.

The Guildford Institute Annual Report & Accounts 2025

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6,
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Our People

We also provided development opportunities to three interns this year, each of whom dedicated significant time to the Institute and gained valuable work experience as a result. These individuals were:

e Jansu Ogulmus, Marketing Intern ° Becca Tompkins, Communications & e Valeriya Pukhova, Marketing Intern Engagement Intern

Our Tutors

We simply could not run our extensive activity programme without our dedicated team of tutors. Their passion and knowledge of their subject matter ensures that our courses are always of high quality, and their creativity ensures that the programme is forever growing and extremely varied. We thank them all for their hard work, particularly this year, when they've been so supportive of the significant changes we've made to our programme.

Focus on Susan Purcell

| wear two different ‘hats’ at The Guildford Institute — | offer courses in Russian literature and also in how to solve cryptic crosswords. What do cryptic crosswords and Russian literature have in common?, you might ask. Well, they are both multilayered with hidden meanings, for one thing. They can also both be rather daunting when encountered for the first time. My courses are a gentle introduction to the subjects; | hope that course attendees will later go on to tackle weighty Russian novels and tricky cryptic crosswords by themselves.

| enjoy teaching at Guildford Institute because | find that the staff are very responsive to my requests and to suggestions for new courses. They willingly offer help when asked, but otherwise trust me to decide on course content and progression. | also appreciate the relationships | make with course participants, who are invariably enthusiastic, knowledgeable and positive; | learn a Lot from them!

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What Susan’s students say about her:

Thanks to Susan Purcell for her excellent lecture on Pushkin...Although | have a degree in Russian,| learnt a great deal from her talk and | was especially impressed by how the talk was both accessible to all whilst being thoroughly interesting and entertaining. Indeed, in the four years of my degree | don't think | attended such a good lecture! It was my first event at the Institute and | hope to attend more in the future.

The Guildford Institute Annual Report & Accounts 2025

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| Our People

In our Latest GI Stakeholder Survey:

100% of respondents rate the quality of course content as high quality or very high quality.

fefei Our Customers

The people who use the services that we provide are from right across the local community - people who want to learn, be entertained, socialise, or who need support — are why we do what we do. Whether attending an art history lecture or a counselling appointment, joining a Chatty Café session, playing board games, using our library, or having Lunch in our café, we value each and every one that comes in to our building. We provide a warm welcome, a helping hand if needed, a promise to support personal growth for each individual, and facilitate meaningful connections within our diverse community.

The Guildford Institute offers a fantastic range of courses, talks and visits and | have thoroughly enjoyed those | have attended...It is also a veryfriendly and sociable community with a first class office team who go out of their way to be helpful and welcoming to everyone. The V Cafe is also a unique asset providing an onsite place for lunch or coffee where visitors to the Institute can get together and enjoy the rare treat of a fully vegetarian and vegan menu.

Thanks to all of our supporters

The Guildford Institute Annual Report & Accounts 2025

18

| Structure, Management and Governance

Our Organisation

The Guildford Institute is a registered charity and company limited by guarantee. Our work is delivered by a small team of paid staff, supported by volunteers and interns, and overseen bya trustee board.

Our Governance and Management

The trustees are also directors of the charity for the purposes of the Companies Act 2006. They set out our vision and strategic direction. It delegates some of its responsibilities to sub-committees. Each subcommittee includes at least one trustee who reports to the full board. Our Institute Manager, working with our management team, is responsible for delivering the board's vision and for day-to-day operation.

Election and Training of Trustees

We recruit trustees through an open and competitive process, using local and national media to find people with suitable skills and experience to provide good leadership and make sound decisions. Trustees are formally elected by board members at their Annual General Meeting (AGM) and given such training as is necessary upon appointment. The trustees appoint the Chair, Vice-Chair and Treasurer from among their number.

Trustee Meetings

Our trustees usually meet every six weeks, with the Institute Manager and Business Development Manager in attendance. Trustees are asked at the start of each meeting to declare any relevant interests.

Strategic Planning and Delivery

Strategic planning and strategic decision making is the responsibility of the board of trustees. A formally agreed and regularly reviewed strategic plan informs and guides the work of the trustees, the manager and the professional team. Operational planning, management and management decision making is the responsibility of the manager. However, as the Institute is a small organisation, these demarcations are somewhat fluid. The manager is responsible for budgeting and general finances with the support of the trustees and the designated treasurer.

Risk and Internal Controls

The trustees have adopted the provisions of 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) (effective 1 January 2019).

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The Guildford Institute Annual Report & Accounts 2025

)[Statement][ of][Trustees’] 3[Responsibilities] e e e o

The trustees, who are also the directors of The Guildford Institute for the purpose of company law, are responsible for preparing the Trustees’ Report and Accounts in accordance with applicable law and United Kingdom Accounting Standards (the United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the trust and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these accounts, the trustees are required to:

  • e Select suitable accounting policies and then apply them consistently.

  • e Observe the methods and principles in the Charities SORP;

  • e Make judgements and estimates that are reasonable and prudent;

  • ¢ Prepare the financial statements on an ongoing basis unless it is inappropriate to presume that the trust will continue in operation.

The trustees are responsible for keeping adequate accounting records and disclosing with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Guildford Institute Annual Report & Accounts 2025

cp

\ Financial Review

The financial year to 31st July 2025 showed a significant improvement over the previous two years, notwithstanding the challenging economic background which we have been through and are still facing for the foreseeable future.

The ground floor conversion, our Community and Wellbeing Centre, was completed very early in our financial year and has been fully occupied since then. In addition, most of the second floor has been let out to a single tenant and has madea solid contribution to revenue, although the first £30,000 of that was used to make improvements and alterations to suit the new tenants. Donations and legacies also improved significantly, although they are by their nature unpredictable. Course revenue was up by 11% to £110,000 and now exceeds the best results achieved pre-Covid by a considerable margin.

Total revenues improved by 49% to £388,977 as a result of the above factors against a year that was very challenging.That rate of improvement is unlikely to be repeated in the foreseeable future, but it is believed by the trustees that this Level of revenue is sustainable.

Our team works hard to reduce and restrict cost pressures where possible, although there have been cost increases in many areas due to the general pressures that we are all aware of. Staff costs are our largest area of expenditure at 53% of our total costs and also increased by 13% year on year. We have an additional member of staff, but the additional cost is offset by a reduction in the expenditure on external fundraising consultancy. There was also a significant reduction in legal costs this year following the resolution of our property issues the previous year.

Overall, costs were up by 8% to £367,590. Net income was £21,387, compared to a loss the previous year of £78,300, a turnaround of almost £100,000.

Reserves Policy

The Charity Commission expects trustees to decide, publish, implement and monitor a charity's reserves policy.

As a result of the above factors, the Institute’s Unrestricted Funds have increased by £16,933 to £435,214 and Restricted Funds increased by £4,545 to £477,891. Total funds are £913,105.The Trustees have decided to allocate £334,573 of the Unrestricted Funds as “Designated Funds’, detailed in note 14. Designation does not indicate that cash is available within the charity to implement these projects in the immediate future, but the Trustees are working towards raising part or all of the resources required to implement some of them over the coming years.

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The Guildford Institute Annual Report & Accounts 2025

| Reference and Administrative Information

Legal and administrative details

Registered Company Number 6571640 (England and Wales)

Registered Office Guildford Institute Ward Street Guildford GU1 4LH Registered Charity Number 1125031

Bankers

CAF Bank, 25, Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JO

Solicitors

Cheyney Goulding, Ward House, 6 Ward St, Guildford GU1 4LH

Trustees

S Chapman PLG Davies M F Kirby T O Ellis (appointed April 2025) D S Cheeseman AM Stock (appointed April 2025) J Crowe AJ Waters (appointed August 2025) B Creese S A Barker (appointed November 2025) T E Heasman (resigned March 2025) P CA Hienkens (appointment November 2025)

Independent Examiner

AJ Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA Upper Ground Floor 18 Farnham Road

Guildford Surrey . GU1 4XA

Approved by order of the board of trustees on ...(//12/222<and signed on its behalf by:

B Creese - Trustee and Chairperson

The Guildford Institute Annual Report & Accounts 2025

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Independent Examiner's Report to the Trustees of The Guildford Institute

Independent examiner's report to the trustees of The Guildford Institute ("the Company’)

| report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. | can confirm that | am qualified to undertake the examination because | am a member of the Institute of Chartered Accountants in England and Wales, 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 the Company 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

  2. 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)).

Ihave 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.

AlBennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA

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Upper Ground Floor
18Farnham Road
Guildford
Surrey
GU1 4XA
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oe
Signature:ON denne
———
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Page 23

The Guildford Institute

Statement of Financial Activities for the Year Ended 31 July 2025

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|||||||| |---|---|---|---|---|---|---| |31.7.25|31.7.24| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |INCOME AND|ENDOWMENTS|FROM| |Donations|and|legacies|39,994|8,391|48,385|13,436| |Charitable|activities| |Institute|Activities|23,884|=|23,884|17,560| |Courses|109,832|=|109,832|99,040| |Other trading activities|2|205,743|-|205,743|126,724| |Investment income|3|1,133|=|1,133|5,012| |Total|380,586|8,391|388,977|261,772| |EXPENDITURE ON| |Charitable|activities| |Library|1,720|599|2,319|2,507| |Institute|Activities|10,219|915|11,134|9,407| |Bar|5,840|-|5,840|5,384| |Courses|34,622|-|34,622|31,595| |General|Activities|268,675|2,347|271,022|243,566| |Premises|42,577|76|42,653|47,613| |Total|363,653|3,937|367,590|340,072| |NET INCOME/(EXPENDITURE)|16,933|4,454|21,387|(78,300)| |RECONCILIATION|OF|FUNDS| |Total funds|brought forward|418,281|473,437|891,718|970,018| |TOTAL FUNDS CARRIED FORWARD|435,214|477,891|913,105|891,718|

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The notes form part of these financial statements

Page 24

The Guildford Institute

Balance Sheet

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|||||||||| |---|---|---|---|---|---|---|---|---| |31 July|2025| |31.7.25|31.7.24| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |FIXED|ASSETS| |Tangible|assets|8|395,626|470,153|865,779|732,708| |CURRENT|ASSETS| |Stocks|9|2,215|-|2,215|1,664| |Debtors|10|19,230|-|19,230|76,476| |Cash|at|bank|88,797|7,738|96,535|234,738| |110,242|7,738|117,980|312,878| |CREDITORS| |Amounts|falling|due within|one year|11|(58,931)|-|(58,931)|(142,443)| |NET CURRENT ASSETS|51,311|7,738|59,049|170,435| |TOTAL ASSETS|LESS|CURRENT|LIABILITIES|446,937|477,891|924,828|903,143| |CREDITORS| |Amounts falling|due|after more than|one year|12|(11,723)|-|(11,723)|(11,425)| |NET ASSETS|435,214|477,891|913,105|891,718| |FUNDS|14| |Unrestricted|funds|435,214|418,281| |Restricted funds|477,891|473,437| |TOTAL FUNDS|913,105|891,718|

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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act2006for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

  • (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

  • (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

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The Guildford Institute

Balance Sheet - continued 31 July 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on

ae AT, Gana were signed on its behalf by:

BCreese - Trustee <<

\ ¢ MF Kirby -

The notes form part of these financial statements

Page 26

The Guildford Institute

Notes to the Financial Statements for the Year Ended 31 July 2025

  1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Lifetime memberships are credited to the Statement of Financial Activities over a period of ten years.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - Not provided Improvements to property - Straight line over 10 years Fixtures and fittings - Straight line over 3 years Computer equipment - Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds, which are Unrestricted funds, have been set aside by the trustees for future expenditure as noted in the Trustees’ Report.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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The Guildford Institute

Notes to the Financial Statements - continued for the Year Ended 31 July 2025

2. OTHERTRADING ACTIVITIES
31.7.25 31.7.24
£ £
Fundraising events 605 -
Sponsorships 6,000 -
Room and Equipment Hire 91,008 76,131
Annual Membership 12,182 12,282
Bar 13,387 10,649
Rental Income 33,144 22,130
Lifetime Membership 650 502
Other Income 1,238 607
Service charges 6,000 1,500
Professional fees contribution 279 2,923
Lease income 41,250 -
205,743 126,724
3. INVESTMENT INCOME
31.7.25 31.7.24
£ £
Deposit account interest 1,133 5,012
4. NET INCOME/(EXPENDITURE)
Net (income)/expenditure is stated after (crediting)/charging: 31.7.25 31.7.24
£ £
Independent Examiner's fee 1,560 1,440
Depreciation -owned assets 21,054 4,153
Legalandprofessionalfees 34 6,277
  1. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees’ expenses

A total of £223 (2024: £30) was paid to three trustees (2024: one) in respect of travel expenses and sundry items during the year during whilst serving as trustees.

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The Guildford Institute

Notes to the Financial Statements - continued for the Year Ended 31 July 2025

6. STAFF COSTS

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|||||||||| |---|---|---|---|---|---|---|---|---| |31.7.25|31.7.24| |£|£| |Wages|and|salaries|180,066|159,285| |Social|security|costs|9,414|8,912| |Other|pension|costs|4,972|4,086| |194,452|172,283| |The|average|monthly|number|of employees|during the|year was|as|follows:| |31.7.25|31.7.24| |Managerial|and|administrative|9|8| |No|employees|received|emoluments|in|excess|of £60,000.| |7.|COMPARATIVES|FOR THE STATEMENT OF|FINANCIAL ACTIVITIES| |Unrestricted|Restricted|Total| |funds|funds|funds| |£|£|£| |INCOME AND|ENDOWMENTS|FROM| |Donations|and|legacies|5,783|7,653|13,436| |Charitable|activities| |Institute|Activities|17,560|:|17,560| |Courses|99,040|-|99,040| |Other trading|activities|126,724|-|126,724| |Investment|income|5,012|-|5,012| |Total|254,119|7,653|261,772| |EXPENDITURE|ON| |Charitable|activities| |Library|1,698|809|2,507| |Institute|Activities|9,407|-|9,407| |Bar|5,384|-|5,384| |Courses|31,595|-|31,595| |General|Activities|243,566|-|243,566| |Premises|43,384|4,229|47,613| |Total|335,034|5,038|340,072| |NET INCOME/(EXPENDITURE)|(80,915)|2,615|(78,300)| |RECONCILIATION|OF|FUNDS| |Total funds|brought forward|499,196|470,822|970,018| |TOTAL FUNDS|CARRIED|FORWARD|418,281|473,437|891,718|

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The Guildford Institute

Notes to the Financial Statements - continued for the Year Ended 31 July 2025

8. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£ £ £ £ £
COST
At 1 August2024 696,587 33,169 45,229 7,651 782,636
Additions : 153,259 : 941 154,200
At 31 July2025 696,587 186,428 45,229 8,592 936,836
DEPRECIATION
At 1 August 2024 - - 42,443 7,485 49,928
Charge foryear . 18,643 2,277 210 21,130
At31 July 2025 - 18,643 44,720 7,695 71,058
NET BOOKVALUE
At31July 2025 696,587 167,785 509 897 865,778
At31July2024 696,587 33,169 2,786 166 732,708

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The Guildford Institute

Notes to the Financial Statements - continued
fortheYearEnded 31July2025
9. STOCKS
31.7.25 31.7.24
£ £
Bar and other supplies 2,215 1,664
10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONEYEAR
31.7.25 31.7.24
£ £
Trade debtors Other
debtors		 10,954 8,569
Prepayments and accrued income - 2,501
Prepayments tofixed assets 8,276 10,189
- 55,217
19,230 76,476
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR
31.7.25 31.7.24
£ £
Trade creditors 1,120 79,685
Social security and othertaxes 1,640 2,196
Other creditors 1,400 1,248
Building project loans 10,000 10,000
Deferred income 28,712 31,582
Accrued expenses 16,059 17,732
58,931 142,443

During the project for redevelopment of the charity's building in 2013, a number ofindividuals made interestfree loans to the charity in order to assist the financing of the development. These loans are repayable on differing terms.

Deferred income represents income received in advance of the period to which it relates.

  1. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.25 31.7.24
£ £
Other loans (see note 13) 10,000 10,000
Lifetime members due >1 year 1,723 1,425
11,723 11,425

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The Guildford Institute

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

13. LOANS

An analysis of the maturity of loans is given below:

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |31.7.25|31.7.24| |£|£| |Amounts|falling|due|between|two|and|five|years:| |Building|loans|due|2-5|years|10,000|10,000| |14.|MOVEMENT|IN|FUNDS| |Net| |movement|At| |At|1.8.24|in|funds|31.7.25| |£|£|£| |Unrestricted|funds| |General|fund|81,294|19,347|100,641| |Designated|Funds|336,987|(2,414)|334.573| |418,281|16,933|435,214| |Restricted|funds| |Building|Funds|470,437|(284)|470,153| |Supportive|Art Courses|3,000|(915)|2,085| |Community|Engagement|Fund|"|5,653|5,653| |473,437|4,454|477,891| |TOTAL FUNDS|891,718|21,387|913,105| |Net|movement|in|funds,|included|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|380,586|(361,239)|19,347| |Designated|Funds|.|(2,414)|(2,414)| |380,586|(363,653)|16,933| |Restricted|funds| |Building|Funds|391|(675)|(284)| |Supportive|Art Courses|»|(915)|(915)| |Community|Engagement|Fund|8,000|(2,347)|5,653| |8,391|(3,937)|4,454| |TOTAL FUNDS|388,977|(367,590)|21,387|

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The Guildford Institute

Notes to the Financial Statements - continued for the Year Ended 31 July 2025

14. MOVEMENT IN FUNDS- continued

Comparatives for movement in funds

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|||||||||| |---|---|---|---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.8.23|in|funds|funds|31.7.24| |£|£|£|£| |Unrestricted|funds| |General|fund|59,196|(77,902)|100,000|81,294| |Designated|Funds|440,000|(3,013)|(100,000)|336,987| |499,196|(80,915)|>|418,281| |Restricted|funds| |Building|Funds|470,822|(406)|21|470,437| |Hearing|Loops|-|21|(21)|za| |Supportive|Art|Courses|-|3,000|-|3.000| |470,822|2,615|-|473,437| |TOTAL FUNDS|970,018|(78,300)|-|891,718| |Comparative|net|movement|in|funds,|included|in the|aboveare|asfollows:| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General fund|254,119|(332,021)|(77,902)| |Designated|Funds|-|(3,013)|(3,013)| |254,119|(335,034)|(80,915)| |Restricted|funds| |Building|Funds|403|(809)|(406)| |Hearing|Loops|4,250|(4,229)|21| |Supportive|Art|Courses|3,000|-|3,000| |7,653|(5,038)|2,615| |TOTAL FUNDS|261,772|(340,072)|(78,300)|

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The Guildford Institute

Notes to the Financial Statements - continued for the Year Ended 31 July 2025

14, MOVEMENT IN FUNDS - continued

Accurrent year 12 months and prior year 12 months combined position is as follows:

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|||||||| |---|---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.8.23|in|funds|funds|31.7.25| |£|£|£|£| |Unrestricted|funds| |General|fund|59,196|(58,555)|100,000|100,641| |Designated|Funds|440,000|(5,427)|(100,000)|334.573| |499,196|(63,982)|-|435,214| |Restricted|funds| |Building|Funds|470,822|(690)|21|470,153| |Hearing|Loops|-|21|(21)|z| |Supportive|Art|Courses|-|2,085|-|2,085| |Community|Engagement|Fund|-|5,653|-|5,653| |——.|————|————|————| |470,822|7,069|-|477,891| |TOTAL FUNDS|970,018|(56,913)|-|913,105|

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A current year 12 months and prior year 12 monthscombined net movementin funds, included in theabove are as follows:

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||||||| |---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General fund|634,705|(693,260)|(58,555)| |Designated|Funds|-|(5,427)|(5,427)| |634,705|(698,687)|(63,982)| |Restricted|funds| |Building|Funds|794|(1,484)|(690)| |Hearing|Loops|4,250|(4,229)|21| |Supportive|Art|Courses|3,000|(915)|2,085| |Community|Engagement|Fund|8,000|(2,347)|5,653| |16,044|(8,975)|7,069| |TOTAL FUNDS|650,749|(707,662)|(56,913)|

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The Guildford Institute

Notes to the Financial Statements - continued for the Year Ended 31 July 2025

14. MOVEMENT IN FUNDS - continued

Designated Funds

Thesecomprise thefollowing items: 31.7.25 31.7.24
£ £
Operating Reserve 100,000 100,000
Loss ofrevenuefrom losing RBS as a Tenant : 20,000
AddressingDamp issues in the Listed Building 30,000 140,000
Refurbishment Programme forthe First Floor 150,000 -
Furniture Renewal programme in Meeting and Lecture rooms = 30,000
New External Signage 10,000 10,000
Redecorating the Listed Building Internally and Externally 40,000 30,000
Legacy DesignatedtowardsWednesday Talks 4,573 6,987
Total Designated Funds at 31 July 2025 334,573
SOS		 336,987
®’’™™"™"eN

Restricted Funds The Building Fund was established for the purposes of redeveloping the existing building and facilities, including the continued growth and development of the library. Donations towards it and expenditure relating to it are shown above. This fund also includes specific donations that have been made to the Treasures of the Guildford Institute Library Appeal.

Hearing Loop Fund

Money granted and donated for the specific purpose of the installation of a hearing loop system within our premises.

Supportive Art Fund

This restricted grant is for a project called Creative Communications: Supporting People Living With Dementia Through Art which will be used for Art sessions for people with Dementia.

Community Engagement Fund

Agrant awarded to Guildford Institute to help cover the salary of our Community Engagement Assistant.

  1. RELATED PARTY TRANSACTIONS

There were no related party transactions for the year ended 31 July 2025.

Page 35

The Guildford Institute

Detailed Statement of Financial Activities
fortheYearEnded 31July2025
31.7.25 31.7.24
£ £
INCOMEAND ENDOWMENTS
Donations and legacies
Donations 22,652 5,249
Gift aid 2,733 2,187
Legacies : 1,000
Grants 23,000 5,000
48,385 13,436
Othertrading activities
Fundraising events 605 -
Sponsorships 6,000 -
Room and Equipment Hire 91,008 76,131
Annual Membership 12,182 12,282
Bar 13,387 10,649
Rental Income 33,144 22,130
Lifetime Membership 650 502
Other Income 1,238 607
Service charges 6,000 1,500
Professional fees contribution 279 2,923
Lease income 41,250 -
205,743 126,724
Investment income
Deposit account interest 1,133 5,012
Charitable activities
Institute Activities 23,884 17,560
Courses 109,832 99,040
133,716 116,600
Total incoming resources 388,977 261,772
EXPENDITURE
Charitable activities
Wages 180,066 159,285
Social security 9,414 8,912
Pensions 4,972 4,086
Rates and water 1,613 1,751
Insurance 5,083 4,960
Light and heat 21,595 11,609
Carriedforward 222,743 190,603

This page does not form part of the statutory financial statements

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The Guildford Institute

Detailed Statement of Financial Activities
forthe YearEnded 31July2025
31.7.25 31.7.24
£ £
Charitable activities
Broughtforward 222,743 190,603
Telephone 5,497 5,275
Postage and stationery 2,634 5,276
Advertising
IT and website costs		 15,986
8,496		 12,565
11,184
Books
Photocopying		 599
838		 232
904
Subscriptions - 30
Equipment 1,160 1,104
Travel 284 366
Bar supplies 5,631 5,491
Other costs 1,625 979
Licences 2,876 665
Cleaning 12,064 11,230
Training& recruitment 668 800
Institute activities 10,219 10,814
Tutorfees 34,622 31,335
Repairs and renewals 11,132 15,159
Bank charges 2,549 3,769
Accountancy and payroll 3,984 5,640
Legal and professional fees 34 6,277
Independent Examination fee 1,560 1,440
Fundraising consultancy - 13,380
Temporary staff 270 1,402
Bad debt write off 75 -
Fundraising costs 915 2
Improvements to property depreciation
Fixtures and fittings depreciation		 18,642
2,277		 -
3,819
Computer equipment depreciation 210 333
367,590 340,072
Total resources expended 367,590 340,072
Netincome/(expenditure) 21,387 (78,300)

This page does not form part of the statutory financial statements

Page 37

g Guildford eiInstitute Arts Education Community

Produced in House