Charity registration number 1138473 IEngland and Wales) Company registration number 07099666 WORKINGTON PLAYGOERS CLUB ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
WORKINGTON PLAYGOERS CLUB LEGAL AND ADMINISTRATIVE INFORMATION Councll Members MrCGHall MrsA G Wells Mrs P Ashton Ms J Rushton Ms M Hardy-sims Mr P A Magoirian Mrs V P 8rlnicombe IAppointed 27 August 20241 Secretary MrCGHall Charlty number 1138473 Company number 07099666 Prlnclpal address Theatre Royal Washington street Worklngton Cumbrla CA14 3AW Reglstered office Brockbank Curwen Cain & Hall Limited 68 Curzon Street Maryport Cumbrla CA15 6DA Independent examlner lan Scott BAIHon51. FCA. DChA Saint & Co Chartered Accountants 12/13 Church Street Whitehaven Cumbrla CA28 7AY
WORKINGTON PLAYGOERS CLUB CONTENTS Page Chair's Report Council Members, report Statement of council members, responsibilities Independent examiner's report Statement of financial activities Balance sheet 9-10 Notes to the financial statements 11-24
WORKINGTON PLAYGOERS CLUB CHAIR'S REPORT FOR THE YEAR ENDED 31 MAY 2025 YOUR THEATRE NEEDS YOU Thls Is my first Report as Chairman of Worklngton Playgoers. Havlng wrestled with exactly what to report, I alise it's not the easiest of tasksl It Is, as you all know, Playgoer5' 90th yearof exlstence and the Theatre Royal itself was bullt In 1867 Ithe first Show being staEed the following year); thanks to our maintenance team. it's still in prettygood shape. Those are achievement5 to be proud of and there are many people- past and present members - who have put and are putting an awful lot of time and work into the Club. It would be nice to be able report that everything is running tickety boo but the reality is times are very dlfficult for small organisations like ours, havin8 a large building to maintaln with Its sizeable overheads (the Buildings and Public Liability insurance alone 15 over £7,000 per yearl. The question we therefore need to ask is.. wlll the Club still be here In its centenary year in 20351 The main reason for poslng that question is because audience numbers have follen dramatlcally (excuse the punl over the years, and partlcularly following the COVID Lockdowns. I'm unsure when we last had a Full House sign outslde. We are a bijou theatre wlth only 149 seats but filling them has become Increasingly difficult. We're not alone in that, I know. All theatres took a hit with Covid Lockdowns. To put things in perspective with regard to our Club, here are the numbers for seats sold for in-house shows and hires over the past twelve months, to our accounting year end of 31 May (thanks to Gllda and her assistant Judith Teasdale for keeping our accounts and cashflow in orderl.. Playgoers Productions Treasure Island 4 nights- 207 seats 34.73% Blithe Spirit 4 nights - 307 seat5 51.5% Rumple Pun21e I night - 58 seats 38.9% Jack and The Beanstalk 5 nights- 408 seats 54.8% Bunch of Amateur5 4 nights - 151 seats 25.33% Big Bad Wolf 2 nights- 81 seat5 26.6% (Total possible capaclty over the 20 nights is 2,980, of which we sold 1,212 or just over 40%) Hires of the Theatre Logan Paul Murphy 2 nights - 298 seats 97% Debra Chalmers I night - 147 seats 99% McDougalls' Halloween I night- 99 5eat5 66.44% Elflandia I nlght - 143 seats 94% McDougals' Xmas I nlght- 115 seats 75.6% Showtunes I ni8ht - 76 Seats 50% Mary Poppins 2 nlghts - 163 seats 53.6% ITotal possible capacity over the 9 nights Is 1,341, of whlch we sold 1,041 orjust over 77%) Jock and the Beonstolk was our first ever pantomlme and proved our most popular show of last season, bringing in some new actors and audiences. We're planning another one next year in February. Hlrlng of the theatre. as you can see from the figures, 15 provlng a financlal Ilfellne, without which we probably couldn't keep open, be able to mount play5, nor be here tonight. I want to thank Gilda for organSslng those hires and for arranging for the building to be staffed durlng hires. (Gilda, assisted by Matt, also oversees the Stocking of the bar.)
WORKINGTON PLAYGOERS CLUB CHAIR'5 REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 I know some of us thlnk things aren't like 'the good old days, of the Club, when it was just Playgoers using the Theatre, but we face different and more serious challenges today. I suppose many people got used to not going out durlng the various Government Lockdown5 and discovered other ways to occupy their evenings, not least with the many TV channels and streaminE services which ngw exist. We have105t the audiences which used to regularly watch our plays. We have to operate far more as a business now, keep improving our standards, attract new patrons and generally remind people we are here. We obtained Big Lottery funding 9 years ago on the condition that we would increase tommunlty use of the building and we are dolng just that. We have regular visits to the Theatre by the local Ghost Hunter5 team, by medium Debra Chalmers, as well as visiting children's shows, local artists, craft falrs lorganised by Nicola) and monthly coffee mornings, run by the same member volunteers. We have built a respectable base of regular users in the lotal and wlder community but we need to keep them comlng. We have 3 youth section IRising Stars), total membership 15, run by Millie, which is all to the good, but we are now lacking older, more experienced members. All of us, both young and old, need to keep Smprovlng our "stage craft" knowledge and skills as we have a lot of competition for people's time and money. We have a reduced membershlp too these days, both in terms of subscriptlons paid and numbers of those who want to act and volunteer compared wlth the pre-covid period. Playgoers is not just about actlng, of course, It Is about the cast of unpaid member volunteers who keep the show5 on the road, spending countless hours in the Theatre Royal. I want to thank Helen for her tireless work as wardrobe mistress and Sarah who has done sterllng work with props, set decoration and painting this year. And, as ever, thank you to our stage and maintenance crews who turn up at this theatre almost every week of the year to deploy their 5kllls in bullding the wonderful sets and keep this place runninE; take a bow, Tony, Geoff Brinicombe, Jim and Dave. just four of the team. Thank you too to Scott for planning the Ilghting design for our shows. All of which brlngs me to the reason for entitling this Report, Your Theatre Needs You. We are desperately short of volunteer members to take up the important roles of: - Theatre Manager Bar staff Selling programmes We need more member volunteers. Wlthout them It 15 a struggle to operate the theatre- so please, please let us know if you are interested in helping. On the good new5 front. efforts to raise monies from external funders have been successful. Pat secured donation of £IO,OCX) from Cumberland Council for new lighting. many thanks indeed to Pat. Pat is actively seeking out further sources of fundlng and grants and if anyone has any ideas or contocts, please let us know. We are grateful too to all our advertisers and sponsors. Council has gfven thought to increasing the membership fee. It is £30. What are your views? Sadly, the last twelve months have seen the passing of two long standing members. Malcolm Strutt and Brian Herd. There are some members here tonight who will remember Malcolm well. I had the pleasure of appearing with Brlan in one or two productlons; appropriately, one was In a hospltal farce in which l ended up in drag - at least I recall wearing a female wig for some reason - and Brian as the senior consultant looked sultably shocked.
WORKINGTON PLAYGOERS CLUB CHAIR'S REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2025 As I stated in the opening of this Report, it is Play80ers' 90th year of existence Inot many amateur theatre groups can boast of that) and we can be proud of oll that Workington Playgoers has achieved in that time for our town and the wider community. We have come from relatively humble beginnings as a simple Members Club formed in 1935, eventually becoming a registered charity and Limited Company, putting on hundred5 Qf shows In 3 fine old building which has been our home for nine decades. Apart from wartlme and a few periods of building work, we never closed, in all that timel Life can never stay the same, of tourse, but hopefully this wonderful little Theatre will remain the home of Playgoers far into the future. l end by congratulating and expresslng gratltude to members of Council for all their hard work and to everyone who does anything- blg or smallfft giving up their time- to ensure we contlnue as the premier amateur theatre group in Cumbria. And apart from that, all I want to say is.. Happy Blrthday to U51 Geoffrey Hall Chalr Date.. 27 August 2025
WORKINGTON PLAYGOERS CLUB COUNCIL MEMBERS, REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 MAY 2025 The council members present their annual report and financial statements for the year ended 31 May 2025. The financial statements have been prepared In accordance wlth the accounting pollcie5 set out In note I to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparin8 their account5 in accordance with the Financial ReportillB Standard applicable In the UK and Republic of Ireland IFRS 1021 leffective l January 20191. Objectlves and actlvitles The Charity's objects are to promote, maintain, Improve and advance educ8tion, particularly through the production of plays and the encouragement of the arts includlng the arts of drama, mime, dance, singing and music. The organisation is an educational art5 charity dellverinB benefits through theatre productions. Membership is open to all members of the general public and involves people from the community who offer their skills. These skills include the production and maintenance of the costumes, the con5tructior) of the sets, performing on stage and assisting with the operation of the bar and coffee bar. The coffee bar is open to the general public on Saturday mornings and the premlses and costumes are available for hlre to other organisations. There a concessionary fee5 available for young people and those aged over 60 for both theatre performances and membership subscriptions. Membership subscription5 for young people also include free admission to performances. Public benefit The council member5 have paid due regard to guidance issued by the Charity Commission in decidlng what activities the charity should undertake. Achlevements and performance Significant activlties ond achievements against objectives The main achievements and activities of the Charity through the year are glven in full detail in the Chair'5 port. Financlal review During the year the Charity received total income of £82,828, of which £72,828 was unrestrlcted income. Th15 is an Increase In unrestricted income of £11,552 from last year as tlcket sales conlinue to recover followlng the Covid-19 pandemic. Income this year came from sub5cription5, ticket sales, advertising, coffee/bar sales, hire of the auditorium and adjoining rooms, donations, and £10,000 restrlcted grant Income. Expenditure has a150 increased from £77,575 to £89,702. Thi5 has led to a loss of £6,874, which include5 £18,644 for annual depreciation of fixed assets. Reserves policy Cash reserves are held in low risk bank accounts. The Olrector5 alm to generate a surplus each year that can be used to further develop the organlsation. The Director5 have a reserves policy to maintaln six months, general day-to-day running and maintenance costs which In a normal year Is estimated to be around £30.0(K). Thi5 wa5 met at the year end.
WORKINGTON PLAYGOERS CLUB COUNCIL MEMBERS, REPORT (INCLUDING DIREoR5, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Strurturel governance and management Workington Playgoers Club is è company limited by guarantee and is regulated by the Memorandum and Artlcles of Association dated 9 October 2009 as amended by a Special Resolution dated 14 September 2010. The councll members, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. MrCGHall Mrs A G Wells Mr S P Ashton Ms A E Bowmer Ms J Rushton Ms M Hardy-sims Mr P A Magorrian Mrs V P Brinicombe (Resigned 27 August 20241 (Appointed 27 August 20241 Recruitment and appointment of trustees The councll members are elected by the membershlp at the Annual General Meeting for the following year. There is a Theatre Management Group whlch looks after the theatre day to day runnlng, and a Playgoers Production Committee to exclusively look after all of the activities of Workington Playgoers. These are both chaired by members of the Council and are made up from council members and other members who are co- opted as required for specifi£ tasks. All major policy item5 are referred back to Council. Counc51 meets quarterly to concentrate on overall strategy and forward planning. The Theatre Management Groupi Production Team and Publicity and Marketing Team meet monthly. Small company provlslons This report has been prepared in accordance with the provlslons applicable to companies entitled to the small companles exemption.
WORKINGTON PLAYGOERS CLUB COUNCIL MEMBERS, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Statement ot Council Members, Responslbllltes The councll members, who are also the directors of Workin8ton Playgoers Club for the purpose of companv law, are responsible for preparing the Councll Members, Report and the financial statements In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practice). Company Law requires the council members to prepare financlal statements for each financial year whlch give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resource5, Including the income and expendlture, of the charitable company for that year. In preparing these financial statements, the councll members are required to.. select suitable accounting policies and then apply them conslstentlv.. observe the methods and prlnciples in the Charities SORP,. make judgements and estlmates that are reasonable and prudent; state whether applicable UK Accountlng Standard5 have been followed, subject to any material departu5 dlsclosed and explained in the financial statements,. and prepare the flnancial statements on the golng concern basls unless it Is Inappropriate to presume that the charity will continue in operation. The councll members are responsible for keeplng adequate accountlng records that d15c105e with reasonable accuracy at any time the financial posltion of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taklng reasonable steps for the prevention and detection of fraud and other Irregularlties. The council members, report was approved by the Board of Council Members. MrsA G We115 Council member 27 August 2025
WORKINGTON PLAYGOERS CLUB INDEPENDENT EXAfvIINER'S REPORT TO THE COUNCIL MEMBERS OF WORKINGTON PLAYGOERS CLUB I report to the council members on my examination of the financial statements of Worklngton Playgoers Club (the charity) for the year ended 31 May 2025. Responslbllltles and basls of report As the council members of the charlty land a150 it5 directors for the purposes of company lawl, you are responsible for the preparation of the financial statements In acwrdance with the requirements of the Companies Act 2006. Having satlsfied myself that the financial statements of the charity are not requlred to be audited under Part 16 of the Companies Act 2006 and are eliglble for Independent examination, I report in respect of my examination of the charity's flnanclal statements carried out under section 145 of the Charitles Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the Charities Act 2011. Independent examlner's statement I have completed my examination. I conflrm that no matters have come to my attentlon In connection wlth the examination giving me cause to believe that in any materlal respect.. accounting records were not kept in respect of the charity as requSred by section 386 of the Companie5 Act 2006. the financial statements do not accord with those records,. or the financial statement5 do not comply with the accountSng reoulrements of sectlon 396 of the Companies Act 2006 other than any requirement that the financial statemerits give a true and fair view, which is not a matter considered as part of an Independent examlnatlon; or the financlal statements have not been prepared in accordance wlth the methods and principles of the Statement of Recommended Practlce for atcounting and reporting by charities applicable to charitles preparin8 their financial statement5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Iland IFRS 1021. I have no concerns and have come across no other matters in connectlon wlth the examination to which attention should be drawn in this report in order to enable a proper understanding of the flnancial statements to be reached. lan Scott BA{Hons), FCA, DChA Saint & Co Chartered Accountants 12113 Church Street Whitehaven Cumbria CA28 7AY Date..
WORKINGTON PLAYGOERS CLUB STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MAY 2025 Unrestricted Restricted funds fund5 2025 2025 Total Unrestrlcted Restricted funds funds 2024 2024 Totsl 2025 2024 Notes Income and endowments from: Donations and legaties Charitable activities Other trading activities 3,034 62,715 10,000 13,034 62,715 8,902 47,492 10,000 18,902 47,492 3,403 987 2,689 3,403 987 2,689 3,456 966 460 3,456 966 460 Investments Other Income Total income 72,828 10,000 82,828 61,276 10,000 71,276 Expenditure on: Raising funds Charitable activlties 2,230 69,146 2,230 87,472 2,230 56,882 2,230 75,345 18,326 18,463 Total expenditure 71,376 18,326 89,702 59,112 18,463 77,575 Net Income/lexpendlture) 1,452 18,3261 16,8741 2,164 18,4631 (6,2991 Transfer5 between funds 10,000 iio,0001 Net movement in funds li 11,452 118,3261 16.8741 2,164 18,4631 16,2991 Reconclllation of funds". Fund balance5 at l Jijne 2024 160,705 448,240 608,945 158,541 456,703 615,244 Fund balances at 31 May 2025 172,157 429,914 602,071 160,705 448,240 608,945 The Statement of financial activities includes all gains and losses recognlsed in the year. All income and expenditure derive from continuing activities.
WORKINGTON PLAYGOERS CLUB BALANCE SHEET AS AT 31 MAY 2025 2025 2024 Notes Fixed assets Tangible assets 13 548,640 556,633 Current assets Stocks Debtors Cash at bank and in hand 14 15 993 4,935 56,291 892 3,503 59,911 62,219 64,306 Credltors: amounts falllng due wlthln one year 16 18,7881 111,9941 Net current assets 53,431 52,312 Total assets less current liabllltles 602,071 608,945 The funds of the eharlty Restricted income funds Unrestricted funds 17 429.914 172,157 448,240 160,705 18 602,071 608,945 The notes on pages 11 to 24 form part of these financial statements,
WORKINGTON PLAYGOERS CLUB BALANCE SHEET (CONTINUED) AS AT 31 MAY 2025 The company Is entltled to the exemptlon from the atjdlt requirement contained In section 477 of the Companies Act 2006, for the year ended 31 May 2025. The directors acknowledge their responsibilities for complying With the requirements of the Companies Act 2006 wlth resped to accountlng records and the preparation of financlal 5taternents. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared In accordance with the provisions appllcable to companies sublect to the small companies regime. The financial Statements were approved by the council members on 27 August 2025. MrsAG Wells Councll member Company registration number 07099666 (England and Wales) 10-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 Accountlng pollcles Charlty Inft>rmatlon Workington Playgoers Club Is a private company limited by guarantee incorporated in En8land and Wales. The registered office is Brockbank Curwen Cain & Hall Llmited, 68 Curzon Street, Maryport, Cumbria, CA15 6DA. 1.1 Accountlng conventlon The financial statements have been prepared In accordance with the charity's governing document, the Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of lyeland" I"FRS 102,1 and the Charities SORP 'Accountlng and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparlng thelr accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffective l January 20191. The charlty Is a Public Benefit Entity as defined by FRS 102. The charlty has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charlty. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the hlstorical cost conventlon. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approvlng the flnancial statements, the councll member5 have a reasonable expectation that the charity hos adequate resources to continue in operational existence for the foreseeable future. Thus the council members continue to adopt the Eolng concern basls of actountlng in preparing the financlal statements. 1.3 Charltable funds Unrestricted funds are available for use at the dlscretlon of the councll members in furtherance of their charltable objectlves. Deslgnated funds are unrestrlcted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subject to speclflc condltlons by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements, 1.4 Income Income is recognised when the charity is legally entitled to it after any performance condltlons have been met, the amounts can be measured reliably, and it is probable that Income will be received. All income Is net of VAT where applicable.
WORKINGTON PLAYGOERS CLUB NOTE5 TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2025 Accountlng pollcles Icontlnued) Cash donations are recognised on receipt. Other donatlons are recognised once the charlty has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations recelved under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise If the charity has been notified of an impending distribution, the amount is known. and receiptls expected. If the amount Is not known, the legacy is treated as 3 contingent asset. 1.5 Expendlture Expenditure is reco8nised once there Is a legal or constructive obligation to transfer economic benefit to third party, It 15 probable that a transfer of economic benefits wlll be requlred In settlement, and the amount of the obligation can be measured reliably. Expenditure 15 cla551fied by activity. The costs of each actlvlty are made up of the total of direct costs and shared costs, Including support costs involved in undertaking each activity. Dlrect costs attributable to a single actlvity are allocated directly to that activity. Shared cost5 which contribute to more than one actlvity and support costs whlch are not attributable to 3 Single activity are apportioned between those activities on a basis consistent with the use of resource5. Central staff costs are allocated on the basls of time spent, and depreciation charges are allocated on the portlon of the asset's Use. 1.6 Tanglble flxed assets Tangible fixed assets a initially MeaSud at cost and subsequently measured at cost or valuation. net of depreciation and any Impalrment losses. Depreclatlon is retognised so a5 to write off the cost or valuation of assets less thelr resldual values over their useful lives on the following bases.. Freehold land and buildings Fixtures and fittings 2% stralght line 4-33% stralght line The gain or loss arising on the dlsposal of an asset Is determined as the difference between the sale proceeds and the carrylng value of the a55et, and is recognised in the statement of financial activities. 1.7 Impalrment of tlxed assets At each reporting end date, the charity revlews the carrying amounts of its tangible asset5 to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the Impairment loss lif any). 12-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Accouhtlng pollcies (Contlnued) IA Stocks Stocks are stated at the lower of cost and estimated selling price le55 Costs to complete and sell. Cost comprises dlrect materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condltlon. Items held for distribution at no or nominal consideration are measured the lower of replacement Cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketinE, selling and dlstribution. 1.9 Cash and cash equlvalents Cash and cash equivalents include cash In hand, deposits held at call with banks, other short-term liquid investments with original maturitSes of three months or less, and bank overdrafts. Bank overdrafts are shown withln borrowings in current liabilities. 1.10 Flnancial Instruments The charlty has elected to apply the provisions of Sectlon 11 'Baslc Flnantial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of Its financial instruments. Financial Instruments are recogni5ed in the charity's balance sheet when the ¢harity becomes party to the contractual provisions of the instrument. Baslc flnanclal assets 8asic financial a55ets, which Include debtors and cash and bank balances, a initially measured at transaction price including transactlon costs arid are subsequently carried at amortised cost uslng the effective interest method unless the arrangement constitutes a financln8 transaction, where the transactlon Is measured at the present value of the future recelpts dlscounted at a market rate of interest. Financial assets classified as receivable within one year are not amorti5ed. Baslc flnanelal15abllitles Basic financial liabilities, including creditors and bank loans are Inltially recognlsed at transaction prlce unles5 the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable withln one year are not amortlsed. Debt Instruments are subsequently carrled at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay forgoods or services that have been acqulred In the ordinary course of operations from 5uppllers. Amounts payable are classlfled as current Ilabllitles If payment Is due within one year or less. If not, they are presented as non-current Ilabilities. Trade creditors are recognised inltially at transaction price and subsequently measured at amort15ed c05t using the effective interest method. 13-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Crltlcal accountlng estlmates and ludgernents In the appllcatlon of the charity'5 accounting policies, the councll member5 are requlred to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and assoclated assumptions are based on historical experience and other factors that are consldered to be relevant. Actual results may differ from these estimates. The estimates and underlylng assumption5 are reviewed on an ongoinE basis. Revislons to accountlng estimates are recognised in the period in which the estimate is revised where the revision affects on that period, or in the period of the revision and future periods where the revision affects both current and future period5. Income from donatlons and legacles Unrestricted Restrlrted funds funds 2025 2025 Total Unrestrlrted Restrlcted funds funds 2024 2024 Total 2025 2024 Donations and gifts Grants Subscrlptlons 247 247 6,743 6,743 10,000 2,159 10,000 10,000 2,787 10,000 2,787 2,159 3,034 10,000 13,034 8.902 10,000 18,902 14-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MAY 2025 Income Irom charltable actlvltles Unrestrlcted Unrestrirted funds funds 2025 2024 Performances Sales- tickets, programmes and bar Advertlslng and sponsorshlp 17,617 2,408 15,343 1.417 Rlsing Stars Sales - ticketsfft programmes and bar 3,552 1,231 Coffee Bar and Bar Sale5- tickets, programmes and bar 7,791 5,394 Theatre and Room Hlre Sales- tickets, programmes and bar Charitable rental Income 15,119 16,228 8,718 15,389 62,715 47,492 Income from other tradlng actlvltles Unrestrlcted Unrestrlrted funds nds 2025 2024 Golden Jubilee Club 3,403 3,456 Income Irom Investments Unrestricted Unfestrlcted funds funds 2025 2024 Interest receivable 987 966 15-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MAY 2025 Other Income Unrestrlcted Unrestrlcted fund5 funds 2025 2024 Other income Feed in tariff 496 2,193 460 2,689 460 Expenditure on ralslng lunds Unrestricted Llnrestrirted funds funds 2025 2024 Fundralslng and publlclty Golden Jubilee Club 2,230 2,230 16-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MAY 2025 Expendlture on charitable artivities Performances Rlslng Stars Coffee Bar Theatre and and Bar Room Hlre 2025 2025 Total 2025 2025 2025 Direct costs Production costs Sundry c05tS Visiting performers Purchases Bad debts written off 6,977 485 291 116 7,268 1,162 15,651 2,839 153 561 15,651 2,839 153 7,615 407 2.839 16,212 27.073 Share of support and governance costs {see note 10) Support 26,725 Governance 3,794 4,503 814 1,717 425 20,582 1,839 53,527 6.872 38,134 5,724 4,981 38,633 87,472 Analysls by fund Unrestricted funds Restricted funds 27,774 10,360 3,223 2,501 4,622 359 33,527 5,106 69,146 18,326 38,134 5,724 4,981 38,633 87,472 17-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MAY 2025 Expendlture on charitable artivities (Contlnued) Previous year: Performances Rlslng Stars Coffee Bar Theatre and and Bar Room Hlre 2024 2024 Total 2024 2024 2024 Direct Costs Production costs Sundry costs Visiting performers Purchases Bad debts written off 6,461 300 175 6,636 384 10,614 2,167 604 84 10,614 2,167 604 6,761 175 2,167 11,302 20,405 Share of 5UPPOrt and governance costs (see note 10) Support 26,011 Governance 3,651 2,032 334 1,874 471 18,619 1,948 48,536 6,404 36,423 2,541 4,512 31,869 75,345 Analysls by fund Unrestricted funds Restricted funds 25,445 10,978 1,364 1,177 4,094 418 25,979 5,890 56,882 18,463 36,423 2,541 4,512 31,869 75,345 18-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MAY 2025 10 Support Costs Support Goveman<e 0Sts costs 2025 Support Governance costs 2024 Depreciation Rates and water Light and heat Repairs and maintenance Insurance Telephone Printing, postage and statlonery Bank charges Sundry expense5 Cleaning 18,644 1,208 6,312 18,644 1,208 6,312 18,202 969 7,193 18,202 969 7,193 15,692 7,560 803 15,692 7,560 803 11,689 7,356 667 11,689 7,356 667 202 160 1,333 1,613 202 160 1,333 1,613 168 162 901 1,229 168 162 901 1,229 Independent examlnation fees Accountancy Legal and professional 700 1,172 5,000 525 879 5,000 525 879 1.172 5,CKJO 5,000 53,527 6,872 60,399 48,536 6,404 54.940 Analysed between Charitable activities 53,527 6,872 60,399 48,536 6,404 54.940 11 Net movement In funds 2025 2024 The net movement in funds is stated after charging/lcreditingl'. Fees payable to the charitv's independent examlner.. for the independent examinatlon of the charSty's finantial statements for other financial services Depreciation of owned tangible fixed assets 700 525 1,172 18,644 879 18,202 19-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 12 Councll Members None of the council members lor any persons connected with them) received any remuneratlon or benefits from the charity durlng the year. During the year 4 council members12024: 21 were reimbursed expenses totalling £1,92712024.. £2,485) in respect of stationery, materials for performances, admin, bar purchase5 and malntenance costs. No council member received any payment for professional or other servlces supplled to the charity12024: 13 Tangible fixed assets Froehold land and bulldlngs FlxtuM$ p•d nttings Total Cost At ljune 2024 Additions 609,684 141,967 10,650 751,651 10,650 At 31 May 2025 609,684 152,617 762,301 Depreciation and Impaliment At ljune 2024 DeptIatIon charged in the year 109,567 12.190 85,450 6,454 195,017 18.644 At 31 May 2025 121,757 91,904 213,661 Carrylng amount At 31 May 2025 487,927 60,713 548,640 At 31 May 2024 SI,117 56,516 556,633 14 Stocks 2025 2024 Finished Eoods and 8oods for resale 993 892 -20-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 15 Debtors 2025 2024 Amounts fa115ng due wlthln one year: Trade debtors Prepayments and accrued Income 2,994 1,941 1,411 2,092 4,935 3,503 16 Credltors: amounts falllng due wlth5n one year 2025 2024 Other taxation and social security Accruals and deferred Income 1471 8,835 588 11,406 8,788 11,994 Included above is deferred income totalllng £3,88512024.. £6,798), which relates to ticket sales received for post year end Shows, and advert15ing income for the following year. £6.798 was released during the year in respect of deferred income brought forword from last year. 17 Restrlcted funds The restricted funds of the charity compr15e the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At ljune 2024 Incoming resources Resources expended Transfers At 31 May 2025 Property Redevelopment Rislng Stars RWM Grant 441,258 1,982 5,000 lo,0 113,0351 12911 15,1XJOI iio.0001 428,223 1,691 448,240 10,000 118,3261 iio,0001 429,914 21
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 MAY 2025 17 Restrlcted funds Icontinuedl Prevlous year: At ljune 2023 Incomlng resources Resources expended Transfers At 31 May 2024 Property Redevelopment flising Star5 RWM Grant 454,546 2,157 113,2881 11751 15,0001 441,258 1,982 S,CrfJO lo,0 456,703 10,000 118,4631 448,240 The property redevelopment fund relates to restricted funding recelved for the refurblshment and redevelopment of the Wilson Street and Washington Street properties, and is being depreciated over the expected useful lives of the a55ets. The transfers from the property development fund to general funds relate to restricted funding spent on capital additions 111 the year. The rislng stars fund (previously theatre royal youthl Is funds received for this activity. The RWM grant relates to funding recelved for specific expenditure, of which £5,000 was Spent last year and the remalning £5,000 was spent thi5 year. 18 Unrestrlcted funds The unre5trlcted funds of the charity comprise the unexpended balances of donations and grants which are not subject to speclfic conditlons by donors and grantors as to how they may be used. These include deslgnated funds whlch have been set aside out of unrestricted funds by the trustee5 for specific purposes. At l June 2024 Incoming resources Resources expended Transfers At 31 Mav 2025 Heatlng system/photovoltaic ce115 General fund5 17,629 143,076 11,3121 170,0641 16,317 155,840 72,828 10,000 160,705 72,828 171,3761 10,000 172,157 -22-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 18 Unrestrlcted funds Icontlnued) Previous year: At l June 2023 Incomlng resource5 Resources expended Transfers At 31 fvlay 2024 Heatlng system/photovoltaic cells General funds 18,941 139,600 11,3121 157,8001 17,629 143,076 61,276 158.541 61,276 159,1121 160,705 The heating systemlphotovoltaic cells fund relates to the replacement of the heatlng system and installation of photovoltaic cells on the roof. As the grant conditlons have been met, the balance has been transferred to a designated fund and the annual depreciation charge Is put through this fund. 19 Analysis of net assets between funds Unrestrlcted funds 2025 Restrlrted funds 2025 Total 2025 At 31 May 2025: Tangible assets Current assetsllliabilitiesl 120,417 51.740 428,223 1,691 548,640 53,431 172,157 429,914 602,071 Unrestricted fund5 2024 Restrlcted funds 2024 Total 2024 At 31 May 2024: Tangible assets Current assets/lllabilitiesl 115,375 45,330 441,258 6,982 556,633 52,312 160,705 448,240 608,945 -23-
WORKINGTON PLAYGOERS CLUB NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2025 20 Related party transactlons The charity recelved Income totalling £3,72412024'. E3,5151 from Happy Thoughts Drama Company, which is run by two of the council members, Ms M Hardy-sims and Mr S Ashton. This related to hire of the auditorlum and store rooms, a5 well as ticket Sale fees. There was £77512024.. 3121 owed to the charity at the year end. The charity also received £1,690 in ticket sale income, and pald out an equivalent amount In expenses. for a show PL¢t on by this company. There were no other di5closable related party transactions during the year12024 - none), apart from expenses relmbursed to council members detailed in note 12. -24-