Company rÈglstratlon number 07240416 {England and Walès)
Charlly reglstratlon number 1136359 (England and Wale$}
THE MONMOUTH SAVOY TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025

THE MONMOUTH SAVOY TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr K P M Davies
Ms P Dodd
Ms R Marks
Mr G E McGruer
Mrs R Sinf181d
Mr MAJ Newman
Mr D Syoung
Ms J Harvey
Mrs B P Spen
(Appolnted 15 October 2024)
{AppDinled 15 April 2025}
(Resigned 15 Aprll 20251
IR8signed 15 April 20251
Charlly number (England and Wales)
1136359
Comp8ny number
07240416
Reglstered oftlce
Savoy Thealro
Church Slr8et
MonTh￿Ulh
Monmouthshire
United Kingdom
NP25 3BU
Independent examlner
BK Plus Limlted
6 Manor PBrk Business Centre
M8ckenzie Way
Cheltenham
GIouc8sl8rshir
England
GL519TX

THE MONMOUTH SAVOY TRUST
CONTENTS
Pag8
Trustees, report
Independent examinÈrfs r8POrt
StalerneDI of finand81 activiiies
Slatemtsnl of financlal posllion
NDt8S to the financlal statemgnts
6-12

THE MONMOUTH SAVOY TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees present thelr annual report 8nd financlal ststoments for the year ended 3Q September 2025.
Th6 financial statements have been prepared in accordance with the a¢counling pollcles set out In note 1 to the
financial slalements and comply with Ihe charills governlng document, the Companies Act 2006, FRS 102 "Th6
Fin8ncial Reporting SlarEdard applicable In the UK and Republic of Ireland" and the Charities SORP 'Accourbtlng
and Reporting by Charities.. Slalement of Recommended Practlce applicable to charities preparing their accounts in
accordance with ihe Financial Rewrting Standard 8pplicab18 In Ihè UK and Republic of Ireland IFRS 1021"
Objectlve8 and activili8s
Thè Trust's objèctives are to manage and maintaln the Savoy Theatre I"The Savoy") for the beneflt of the town, Sls
Inhabitants and the wider Gomtnunily. This will be achleved by elfeclive day lo day management and by Maklng suro
that the programming of the building is as inclusive as posslble.
Slgnlficant activitie5
Cinerra - the building is for the tn05t part a cinema, showing B selection of new films ge3red largoly lo th¢
Monmouth audience demograpF>ic. The S8voy also shows Evenl Cinema, including streams from W981
End musicals and woddwide concerts. Cinema audien¢es hav8 not r&tum8d ta pre Covid levels largew as
a result ol streaming altsrn£tives Bnd variable quality films.
The Savoy supports a number of livè events with community partiapalion including music, comedy arvj
theatre. Th8 Savoy continu8S to attract some of the blggest names in popular enlertainm8nl. The
profitabllity of these events continue to cross 5ubsidtso the les5 commErcial and more community based
programme of evenls.The number of live events 1$ growing materfalty In order to ctsunteract the less well
performlng clnema.
Schoo15 are conUnulng to use the building. with tours and talks a r8gular feature as w811 as film showings.
This has been gellerously supported with fundino Monmouth Town Council with an iniliallve to provid8 fr66
anema tickets to children aggd betW88n 5 8nd 11 years of ag8.
The building is let out to community groups as often as po8glblè.
Local amateur groups are welcome and links with Off Centre Th6alr6 and Monmouth Muslc Theatre remain
strong.
LI￿ns￿d as a venu8 for civil ceremonies.
Public benefit
It remains clear from Ihe support the Savoy has received during th8 y8ar that it ctsntinuès to play a vilal role in the
comnwnity providing huge public benefil.
Achlevements and performance
Going Concem and the impact of th? COVID-19 pandemlc
The Covid-19 pandsmic has left a legacy ol gonsr8lly smaller audIer￿e$. Thls Coupl￿ with the fact that
some releases go straight lo streaming has meant that we are not seelng the amount of releases enjoyed
historically. We have bEgun to be apprtiachgd by film and TV companies for hire puipos8s for filming.
During the year the Trust receSved granis totalling £7,500 from Monmouth Town Council {MTCI lo meet the cost of
flee cinema lickels for the 5-11 age range at schwls Wtthin th8 MTC 8r6a. The Irustees continue lo recognise the
aThaxing ganen)sity of all those who gave donations in Orie form or another.
Th8 trust88s continuously monitor the finaneAal position induding p¥ojecting 8hgad a rolling twelve month basls
identifying the WOTking capital n8&ds of Ihg Trusl while continulng lo maintain and improv8 the fgcili118s.
Flnanolal r8vl•w
Reserves policy
Thls is the fourteènth year of operating. The Iwstees a￿ aware of be81 pr8clicB to keep al least three months
running costs in rèseNe. This equates to about £25,OCM) per month. This amount and some contingency Is still
securo In th¥ Monmouthshlr& Bulldlng Sodety deposit account.

THE MONMOUTH SAVOY TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Futur¢ plans
This Is the Ihirieenlh year ol opÈrallng. The trustees are awar& of besl practice to keep 81 least three months
rLsiiTrin9 costs in reserve. This equates to ab)ul £25,000 per month. This an￿)Unt and some conlingenGy is still
se¢ure In the Monmoulhshlre 8uilding Society dgposlt hccounl.
structure, 9overnan¢e and managtment
Govèrnln9 documènt
The charlty Ls controlled by 115 Memorandum and Arti¢les of Association dated 30Aprd 2D10.
The ch8rily is constiluled as a company litniied by guarantee and therefore bas no sliare ¢8pilal. In the event ol the
company belDg wound up. and the liabdilles and windifig up expense being In excess ol assets. the Ilabllily ol each
member is lirnit8d lo £1.
Organlsatlonal stru¢ture
Tl3e eurrenl full lime employees are Chris Ryde (Director), Mike Hairold and Keri Russell. Clare Webb Is on a 25
hour per we$k conlra¢l and Mark Read has a p6rmanen¢ freelance posilion a5 lethnical manager.
Inductlon and tralning of new tiuste&s
Tlig Irusl currenlly has seven Irustees. All newly kppoinleil INJslèès recewe trBlnlng In their roles and
iesponsibilllies.
Rlsk managtment
Financlal risk
The day to day aclivilies ol thè Trusl are mgnitoied dusely with the production of regular manag8menl a¢¢oun18, 80
that the Truslee8 C8n be satisfied that the Trusl can m¢èl ils finandal oblig8lions.
Statement of Trustees, responslbllitlès
The trustees. who are also the directors of The Montnoulh Savoy Trust for lh8 purpose of company law, ar
r8sponsible lor pr&paring the Tiusloes. Report and Ille lifiÈncial stalomonts in accordarsce with applicabI8 law and
Uniled Kingdom Accounling Standards (United Kingdom Gener811y Aecepled Acwunllng Praclicgl.
Company law requires the Irust88s lo prep8r8 financial 51atemen13 lor esch financial year whlch 9IVe 8 true and lair
view ol Ihe slate of aff&irs ol the chafily 8t￿ ol the incomin9 r&$ources 3nd application of resources, inclvding the
incorne expendiluro. ol the ch8rit&ble company lor that yoar.
In preparin9 Iho¥e financial sia¢emeftl$, the IrusieEs ale fequlred to-
select suitable accountin9 policies and then Èpply Ihern c(ynsislenlly'.
bsèrve Ihg methods and principles in Ihe Charitie5 SORP.,
make judgen)enls and eslimales thal ale ieasonable and prudent.,
state whether 8pplicable UK AccoLinting Slandaids have been followed. subject lo any material departur8S
dlsc1osed and explBlned in Ihe financial stalemenls., and
prepare Ihe finanr.ial 51alements on Ihe going con¢¢rn basis untess it is in8pproprl3t8 lo presume th31 the chèrily
wlll conlinue in operation.
The Iru5tees are responsiblè lor keeping adeq4Jale accounl¢ng records that dlsclose with ieasonable a¢¢ur&cy al
any Ilme Ihe financial posilion of the charity and enable them lo ensure thal the lin8ncial statgmenls comply with the
Comp2nle% Act 20D6. They are also responsible for safo9uafdlng the assets ol the charity and hence lor takin9
18gsonable sleps foi the prevention and detection of Ifaud and other iTregularities.
The l¥uslees' report was approved by Ihe Board ol Trustees,
Mr
MoGru
Trustee
Dale,,

THE MONMOUTH SAVOY TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MONMOUTH SAVOY TRUST
I report to the trustees on my examination of the financial ststements of The Monmouth Savoy Twst {the charity) for
th6 y6ar endèd 30 September 2025.
Responslbilltley and bayl$ of Yeport
As the trustses of the charfty land a150 Its direclors for the purposes ol company law), you are r8sponslbl8 for the
preparation of the finan¢l81 stat8m8nts in accordancè ￿rith lh8 r8quir8ments of the Companies Act 2006.
H8ving satisfied myself that the financial statements of the charity are not required lo be 8udiled under Port 16 of
th8 Companies Act 2006 and ar8 811glbl8 ftsr Indbpèndènt examination, I report in respect of my examination of Ihg
charity's financial slalements carried out under section 145 of the Charities Act 2011. In carrying out my examination
I have tollowed the Dlreclions given by the Charky ComTvTrission under soclion 14515llb) of the Charities Ad 2011.
Independent examlnerfs $tsl•m&nt
Slnce the charllls gross Sncome exceeded £250.000, Ihe independent examlner rrust b6 a m&n)ber of a body Ilsted
In sècllon 145 of thè Charlllès Act 2011. 1 confim that l am qualified to undertake the examination because l am a
member of the Inslilule of Chart8Yed Accounlaftis in England arhd Walas, which is one of the listed bodies.
I hav8 compl8t8d my 6xamlnation. I confirm that no matte¥s have come to my attention in connoclion wlh the
ex8minallon givlng m8 C2US8 to bellave that in any materièl respect..
accounllng records were not kept In respect of the charity as required by section 386 of thè Companbs Acl
2006.
th8 financlal ststements do noi accord wllh IlTh)se records.. or
the financial statements do not comply with the accounting requirements of se¢fjon 396 of thè Companles Act
2006 other than any rèquirement Ihat the financAal statements gThie a true and f8ir vi8w, whkh Is nol a mall¢r
consldered as part of an Ind8P8ndÈnt èxamiAation,' or
the financial statements have not been prepared in accordance with the melhods and principl8s of thè
statement of Recommended Practice for accounting and reporting by charities appllcable to charit4es
preparing their f5nan¢ial statem8nts In 8ccordan(% with the FinanrAal Reporting Standard applicable in the UK
Republic of Ireland {FRS 1021.
I h8vè no concerns and hav8 come across no other matters in connection with the examination to whlch attention
shoLild be clr8wn In Ihls raptsrt In order lo enabla a proper understanding of the financial stalemerhls lo b8 reach8d.
R F Downes FCA
BK Plus Limited
6 Manor Park Buslness Centr8
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX
England
Datè..

THE MONMOUTH SAVOY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITUREACCOUNTI
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Unrostrtcted
Restrlcted
funds
2025
Total
Unre8tr1cted
fund$
2024
ReBtrl¢ted
fund$
2024
Total
2025
2025
2024
Notes
Income from:
Donations and legades
Charltable a￿4VIlle5
Othèr tradSng 8¢Uvllres
Investments
8,959
427,693
112,769
6,166
8,959
442,693
112,769
6.166
8,405
372,791
98,664
2,349
8,405
387,791
98,664
2,349
15,000
15,0
Total Income
555.587
15,000
570,587
482,209
15,0
497,209
Expèndlture on:
Raislng funds
Charitable activltl8S
35,764
487,978
35.764
512.968
37,477
472,308
37,477
496,270
24,990
23,962
Total expendlturo
523,742
24,990
548,732
509,785
23,962
533,747
Nèt IncoMellèKpendlturèl and
movèment in fLEnds
31,845
{9,9901
21,855
127,576)
18,9621 136,5381
Reconclllatlon of funds:
Fund balances at 1 October
2024
111,493
65,138
176.631
139,069
74,1(X)
213,169
Fund balances at 30
September 2025
143,338
55,148
198,486
111,493
65,138
176,631

THE MONMOUTH SAVOY TRUST
STATEMENT OF FINANCIAL POSITION
AS A T 30 SEPTEMBER 2025
2025
2024
Notes
Flxed as$ot#
Tangible assets
11
25,516
34,353
Current assets
Debtors
Cash al bank and in hènd
12
g,619
328.843
7,489
262,296
338,482
289.785
Credltors.. amounts falllng withln
on8 year
13
1165.4921
1127,5071
Net curr¢nl assats
172,970
142.278
Total a$sBts l&$s curr?nt IlabllltÈas
198.4e8
176,631
Thè funds of Ihe charlty
Restricted incornÈ funds
Unresl¢ictèd funds
14
15
55,148
143.338
65,138
111,493
198,486
176.631
Th6 company is entitled to thè exernptlon from the audit raqulremenl contalned In secllon 47T ol thè Companl8s Act
2006, for th8 year endsd 30 Seplember 2025.
Th8 dlieclors acknowledge ttLelr responsibililieg for complying with the requlremonts ol Ihe Companles Act 2006
walh respgci lo accounllng records and the prÈparalion of financial statsmenls.
Thp memb8rs have not required Ihe company 10 obtain an audil ol ils financlal sl8temenls lor th8 year in Question in
aG¢ordance wilh sect￿￿ 476.
These financial st8iÈmenls have been prepared in accord8noe wilh the prov4slon$ applkable to companies suble
lo Ihg small cornpanles reglme.
Th linarkoial slalements wère approved by Ihe Irustéès on
Truste

THE MONMOUTH SAVOY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
A¢¢ounllng pollcles
Charlty InformatÉon
The Monmouth Savtsy Trust is a private company limited by guaranteg incorporated In England and W81Ès.
The regisl8red office is Savoy Thealre, Church Street, Monmouth. Monmouthshire, NP25 3BU, Unileil
Kingdom.
1.1 Accountlng ¢onvèntlon
The financlal statements have been prepared In accordance wth th8 chAril￿S governing document, the
Compani8s Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland and the Charities SORP Accouriling 8nd Rèporting by Charities.. Slalement of Rècommended
Practice applicable to charities preppiing Iheir accounts in 8¢cord8n¢e with the Financ4al Reportlng Standard
appli¢8ble In the UK and Republ￿ of Ireland IFRS 1021" The charity 13 a Public Benefit Entity as défined by
FRS 102.
The financial slatements ar8 pr8p8r8d in slerllng, which is the functlonal currency of thè charily. Monetary
amounts In these financial statements ar8 rounded to the nearest £.
The financial statements hÈv8 been prepar8d under the hlstorfcal cost convenlion. The prlnclpal accounting
poIIciBS adopted are set out b81ow.
1.2 Charitable funds
Unr85lrided funds can be used in accordance with the charitable objBdiv85 at Ihe dlscretion of the tru8188S.
Restricted funds can only bè used for particular restricted purposes wlhin th8 oblèots of the charty.
Restrictions arise when sp8cifi8d by the donor or wh8n fvnd8 ar8 r£lsed for particular reslrlcto(I purposès.
Furth8r 8xplanation of the nature and purpose of each fund Is included In the notes lo th8 fln8ncial
slatemenls.
1.3 In¢ome
All inix)me15 recognised in the Slalemenl of Finandal Actwilie3 c>nce the chBrity has enllllement lo the funds,
It is probable that the Income be received and the amount can be m88sur8d reliably.
1.4 Expendlture
Liabilitl8s ar8 recognised as expenditure os soon as there is a tegal or constructive obligalion commlttlng the
charity ta that axpènditure, it Is probable that a transfer of economlc bengfits wll be required in settlement and
the amount of thg obligation can be measured rellably. Expenditure is accounted for on an accruals basis ar
has been classified vnder headings that aggTegat8 811 cost related to the category. Whera costs cannot b8
(lirectly attributed to particular headings they have been allooated to activities on a basis consistent wilh the
use of msources.
1.5 Tanglble flxed assets
TangiblB fixed assets are initially measured al cAJsl and 8ubs8qUontly measured al co81 or valuaticn, net of
(1gpr8clatlon and any impaimienl Ioss8S.
Depreclallon Is recognised so as to write off Ihe cost or valuation of assèts less their resldual values over thelr
useful Iiv8s on thè following bases..
Leasehold impTOV8m8nts
Plant and Èqulpment
Iwer 6 years
25 /0 on cost
The gain or ltsss arising on Ihg disposal of Bn asset is d8lermlnèd as the dlffer8nce betW88n thé sab proceeds
and tho carrylng value of the ass81, andlg recc¥Jnised in the stst6ment of financial activities.

THE MONMOUTH SAVOY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Accountlng pollcl88
{Contlnu8dl
1.6 Leases
Rentals pald under operating leases 3r9 charged lo the Stslemenl gf Finan(yal ACtI￿lieS on a stralghl Ilne
basls over the period of the lease.
In¢omg from donatlons and legacies
Unre8trfcted
funds
UnY88trtctsd
lunds
2025
2024
Oonalions
Gift aSd
7.222
1,737
6,841
1,564
8,959
8,405
Income from charllabl& actlvltle8
Unrèstrfct8d
funds
2025
Ra8trf¢ted
fundB
2025
Total
Vnr68trlctad
funds
2024
Ro8trlcled
funds
2024
Totsl
2025
2024
Cinema sales
Theatre hlre
Theatre sales
Grants
86,707
27,923
297,143
15,920
86,707
27.923
297.143
30.920
70.284
30.214
272.293
70,284
30.214
272.293
15,000
15,000
15,000
427,693
15,000
442.693
372,791
15.000
387.791
Grants analys16
2025
2024
Monmouth Town CourKil
Monmouthshire Counly Councll
Welsh Government
The Fuellers Charity
Monmoulh Town Council
15,0
7,206
6,214
2,500
15.000
30,920
15,000

THE MONMOUTH SAVOY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Income from other trading activities
UnrestrlGled
fun
Unrestrfcted
lunds
2024
2025
Sal6s of purchased goods
Bar sale5
Other income
Advertising income
43,896
50,400
13,242
5,231
44,427
47,673
3,216
Other trading actMI6s
112,769
98.664
Irbcoma from Investment8
Unr88trtcled
funds
LlnrestrlctDd
fund6
2025
2024
Interest recelvable
6,166
2,349
Expendltvre on raislhg fund$
Unrestrlcted
UnM8trf¢tsd
funds
funds
2025
2024
Fundralslng and publlclty
Purchases
Bar purthases
7,259
28.505
8,851
28.626
35.764
37,477

THE MONMOUTH SAVOY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Expèndlturè on charitable activities
Heading
#ac982
2025
Hèadlng
#ac982
2024
Dir8Ct costs
8ookkeepin9 and admlnlstrallon costs
Irrecoverable VAT
Accountancy
Depreciation and impairmenl
Staff costs
Hir8 of plant and machinery
Rent
Rates and water
610
35,136
1,505
31,025
103.964
693
20.000
2.443
640
35,136
1,505
28,122
105,476
724
20,000
3,479
i li
InsLirance
Lighl and heal
Advertising
Sundrles
Theat￿ artists
Cinem8 production costs
Repairs and maintenance
Telephone
PriF)ling, postage 2nd gtatlonary
Llcences
CrèdSt card charges
7.575
13,466
9,760
777
192,740
63,292
7,802
3,965
288
6,014
11,913
6,924
15,089
8,788
570
174,800
58,875
17.583
3,630
750
3,386
10,636
512,968
496,113
Analysls by fund
Unrestricted funds
Restricted funds
487,978
24,990
472,308
23,962
512,968
496,270
Trustees
None of th8 Irustèès lor any persons connected wlth Iheml rec8ived any Temun?Tatlon or banefvis from the
charity during the year.
Trustees. expenses
In 8 previous pwk>d. onè Irustee was reimbursed £183. No Irusleos w8re wimbursod for expenses during the
year.

THE MONMOUTH SAVOY TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Employ••s
The average monthly number of employees dur¢ng th8 yearwas:
2025
Numbar
2024
Number
Theatre 8laff
Thère were no employees whose annual remuneration was more than £60,000.
10 Taxatlon
As a re¢ognlsed charfty. The Monmouth Savoy Trust Is èxempt from Corporation Tax so far as il relatES lo Sls
tharitable objects.11 is not, however, exempl from VAT, and IrrÈeoverable VAT is Induded as a separate Item
of expense in the financial slalements.
11 Tanglble fixgd a3￿ts
Leasehold
Improvements
Plant ond
equlpmont
Total
Cost
Al 1 O¢lober 2024
Addltlons
108,645
8,785
46,122
13,403
154,767
22,188
At 30 September 2025
117,430
59,525
176,955
DepNclatlon and Impaimient
At 1 October 2024
Depreciation charg8d in Ihg year
90,254
18,855
30,161
12,169
120,415
31.024
At 30 Sepl8mber 2025
109,109
42,330
151,439
Carylng amount
At 30 September 2025
8,321
17.195
25,516
AI 30 Septemb6r 2024
18,392
15,961
34,353
The costs of th8 refurblshmènt of the toilet block that wore Incurred in the year lo 30 Septemb8r 2019 are
being amortised ￿th 8ff8cI from l October 2019 over the remaining peilod of the ¢JJr¥enl lease.
Th6 costs of the significant ren8wal ol thE Stage lighting that were in¢urr8d in thé year to 30 September 2020
arè being amortised with effecl from 1 October 2020 over the remaining period of the curr&nt lease.
10-

THE MONMOUTH SAVOY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
12 Dabtors
2025
2024
Amounts falllng due wlthln one year:
Trado dèbtors
Olher debtors
Prepayments and accwed incom8
351
2,881
6,387
12371
7,726
9,619
7,489
q3 Cr4dltors: amounts falllng due wlthln one year
2025
2024
oth8r taxallon and social security
Trgde creditors
Accruals and deferred Income
6,303
244
158.945
5,598
8,468
113,441
165,492
127.507
14 Restrlcted funds
The r8Strict8d funds of th8 eharity comprise the unexpended balance8 of don8lions 8nd grants held on trust
subject lo specific Wr￿llionS by donors as to how they may be used.
Al 1 October
2024
Incomlng
resources
Resources
At30
expènded September
2025
40
117,3631
11,8061
15,8611
40
6,102
1.615
47,391
Toilet refurbishmenl
Theatre electrics
Monmouth Town Council frèe cinema seats
23.465
3.421
38,252
15.000
65.138
15,000
124,9901
55,148
Provlou$ ygar-
At 1 October
2023
Incomlng
resources
Rèsourcès
At30
exp•nd$d September
2024
Toilet refLtrblshmenl
Theatre electrics
Monrnoulh Town Coun(yl free cinema seats
40,817
5,229
28,054
{17,3521
(1,8081
(4,8021
23,465
3,421
38.252
15,000
74,100
15,000
123,9621
65,138

THE MONMOUTH SAVOY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
14 Restrlcted funds
IContlnued}
Purpose of Re5trlcted Funds
Toilet r8furbishment
The purpose of the reslrlcted fund is to buiW a new toll8t blod< 8xt8nsion on th8 sid8 of the theglr• lo
accommodate new ladies and disabled facilities on the ground floor and lo refurblsh th8 current male facilities.
The building costs have been capilallsed.. deprecation will be charged against Ihis fund over the r8maind8r of
thè pèrit)d of the currént léasè.
Theatre electrlcs
The purpose of Ihe restricted fund is to renew the stage lighting. The majority of the costs of the WDTk have
been capltallsed,. deprecatltsn will be charged against this fund over the remainder of the period of the current
lease.
Monmouth Town Councll forfree clnema seats
One frea seat per month to any film for three years for Monrnoulh primary school pupils.
15 Unrestricted funds
The unrastricled funds of th6 charity comprise the unexpended balances of donalons and grants which are
not Slibject to SP6tific conditions by donors and grantors as lo how they may be used. These Include
designated funds which h8ve begn sel 85id8 out of unre51ricted funds by the trustees for spèclfic purposes.
At 1 October
2024
Incomlng
resources
Resources
At30
expended September
2025
General funds
111,493
555,587
1523,7421
143.338
Prèvlous yéar.
At 1 October
2023
Incomlng
rosources
Resources
At30
expanded Septsmber
2024
General futMIs
139.069
482.209
1509.7851
111.493
16 Related party tr#nsactFons
There were no disclosabl8 related party liansactions during the year12024- nonel.
12-