REGISTERED COMPANY NUMBER: 07458841 (England and Wales)
REGISTERED CHARITY NUMBER: 1139526
Re
ort of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 20Z4
Guildford shakes
eare Com
Limited
an
Trust
Bennewith 2018 Limited
t/a A J Bennewith & Co
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GUI 4XA

Guildford Shakes
eare Com
an
Trust Limited
Contents of the Financial Statements
for the Year Ended 31 December 2024
Page
Report of the Trustees
Statement of Financial Artivities
Balance Sheet
io
Cash Flow Statement
li
Notes to the Cash Flow Statement
12
Notes to the Financial Statements
13 to 19
Independent Examinerfs Report
20

GUILDFORD
SHAKESpE￿RE
COMPANY
Astolat Pavilion, Lido Road, Guildford, GU1 1 FH
T: 01483 301590
info@guildford-shakespeare-company.co.uk
W: wwM.guildford-shakespeare-company.co.uk
Honorary Patron Brian Blessed OBE
Trustees, Annual Report
Year Ended December 2024
The Trustees, who are also directors for the purposes of company law. have pleasure in presenting
their report and financial statements of the charity for the year ended 31 December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity name
Guildford Shakespeare Company Trust Ltd (hereafter GSC)
Charity Registration No
1139526
Registered Office
18 Farnham Rd, Guildford GU14XA
THE TRUSTEES
The trustees who served the charity during the period were as follows:
Ms Jaz Blake
Mr Peter Gordon
Ms C J Mitchell (vice chair)
Ms Jane Shepperd (chair)
Mr Gavin Thomas
Ms Karin Walker
Independent Examiners Report AJ Bennewith
STRUCTURE, GOVERNANCE AND MANAGEMENT
GSC is governed by its Memorandum and Articles of Association dated 2 December 2010.
None of the Trustees receive remuneration from their work on behalf of the charity. All Trustees are
aware of their legal obligations under charity and company law, the Charity Commission guidance on
Public Benefit and have receivèd the Memorandum and Articles of Association. They have received the
current Business Plan. Memorandum and Articles and this year's Addendum. They keep the financial
performance of the charity under constant review.
The Trustees meet on a regular basis. During thè year the day to day running and management of the
company is delegated to the Joint Artistic and Executive Produ￿[$ Sarah Gobran and Matt Pinches.
The Trustees take into account the charity commission guidance on public benefit and believe the
8Ctivities of GSC are in line with that guidance.
ongside the Joint Artistic & Executive Producers. GSC employed on a full-time basis a Creative
Learning Producer, Company Stage Manager, Education Manager. Marketing offi￿r, and part-time
Administrator.
OBJECTIVES AND ACTIVITIES
To advance education for the public benefit by the promotion of the arts in particular, but notexclusively,
the art of drama and to foster and promote public taste in, though not exclusively, the works of William
Sh8kespeare through productions and other associated events and educational and training activities.
Gyildford Shakespeare Company Trust Limited
Charity Reg. No. 11395261 Company Reg. No. 07458841
Reg. Office: 18 Farnham Road. Guildford GU1 4YA

GUILDFORD
SHAKESPEARE
COMPANY
Astolat Pavilion, Lido Road, Guildford, GU1 1 FH
T.. 01483 301590
info@guildford-shakespeare-comp3ny.co.uk
W: vwM.guildford-shakespeare-company.co.uk
Honorary Patron Brian Blessed OBE
STAGE PERFORMANCES January 2024 - December 2024
JanuarylFebruary
April
April
JunelJuly
August
Sept
Oct
Dec
Pride and Prejudice
Holy Trinty Church
Sonnet walks in Cranleigh
Young Company's performance performed in Guildford Baptist Church
Romeo and Juliet - Guildford Town Centre
Pride and Prejudice
Jemiyn Street Theatre, London
Wild Walks- sUr￿Y County Councivwest Horsley Place
Macbeth & Romeo and Juliet Tour
The Housetrap - West Horsley Place
THEATRE IN EDUCATION TOURS:
January/Feb
Delight in Shakespeare
Surrey
OcVNovember Secondary Schools, Tour of Macbeth and Romeo and Juliet- retuming to schools for
live performances and workshops. This continued the relationships developed in 2023
touring to Reading, Village Halls and the Orange Tree in Richmond, who were co-
producers. Funded by Geoff He￿ingtOn Foundation.
The Tempest tour to less advantaged Primary Schools in
ArrRACTING AND RETAINING TALENT
Auditions are held for each production but a number of actors, directors, designers and stage managers
return to work for GSC at regular inteNals. 121 employed and freelance jobs were created in 2024
employing 71 females, So males, continuing our mission to create equal opportunities.
We are proud to have welcomed back some actors that have worked for us beft)re. that are popular
with our audienoes, but also some fresh new talent too.
ARTISTIC VALUES
GSC is a professional site-specffjic theatre company, specialising in Shakespeare. Our approach places
the audience right at the heart of the action, immersing them in the world of the play, thereby
demystifying the legend that Shakespeare is for an elite, educated few but rather is immediate and
accessible to everyone.
At GSC we use diverse and unusual non-theatre venues to create dynamic and challenging
productions. From castles to lakes. churches to pubs. our approach merges the audience and acting
space so that you're given a visceral. stimulating and, above all, unique th8atre experience.
GSC productions are fresh, fast and modem in their interpretation of Shakespeare. but always in the
original text and never dumbed down.
Making the arts, and more specifically theatre and Shakespeare, accessible to a wider community, is
key to the work that we do and reaching socially isolated members of our community with especially
tailored programmes of work, drawing on the skill base of especially selected practitioners and experts.
To celebrate our 181h Anniversary, cementing and celebrating our work both in and of the community
was vital. Choosing the commentary theme of Coming of Age for the year's work, we started by creating
a brand-new adaptation of Pride & Prejudice performed by just three actors. This decision was
necessitated by reduced funding and audience figures from 2023. requiring us to reduce production
budgets. The result, however, was a slick, fun, quirky adaptation which was so popular that it received
its own run in London and will have a follow up international and UK tour in 2025.
Our summer season was condensed to one show. rather than two, because of the large scale of the
project that we produced. Romeo & Juliet. became a multi-location, promenade theatre piece that
involved four weeks of road closures in order to use Guildford's iconic High Street as our main location,
but also encompassed Abbott's Hospital, Holy Trinity Church. Tunsgate Arch, Tunsgate Quarter, the
Guildford Shakespeare Company Trust Limited
Charity Reg. hTo. 11395261 Company Reg. No. 07458841
Reg. Office". 18 Farnham Road. Guildford GU14XA

GUILDFORD
SHfyKESPEARE
COMPANY
Astolat Pavilion, Lido Road, Guildford. GU1 1 FH
T- 01483 301590
info@guildford-shakespe8re-company.co.uk
W: wwi.guildford-shakespeare-company.co.uk
Honorary Patron Brian Blessed OBE
Guildhall Balcony and the Casye Grounds. This show also involved both an adult and a school's
community chorus. wtth four schools and our Saturday and Young Carers clubs. An associated Knife
Crime Awareness Project was taken to all the schools and clubs involved in the project and an event
was staged at Guildford Cathedral and included partners such as University of Surrey, Surrey Police,
Crime Stoppers, Charlie's Promise. Street Angels, Pub Watch and Experience Guildford.
Ourfinal show of the year, was a very popular Murder Mystery at the famous West Horsley Place, which
sold out very quickly.
FRIENDS & PATRONS OF GSC
Our Friends scheme has continued to be well supported.
At the end of the year 8 new Friends had joined the scheme. making a total of 40 Joint Friends and 28
Single.
This total of 68 names in the scheme is a decrease of 2 on 2023.
However, 3 Friends upgraded their support to Patrons. which at the end of 2024 stood at 6 names.
VOLUNTEERS
GSC greatly benefits from our volunteer supporters. young and old, who help us in a variety of ways
but chiefly at Front of House for our productions. We are incredibly grateful to them and would not be
able to survive without their help and support.
ACCESSIBILITY AND PUBLIC BENEFIT
GSC are dedicated to making theatre accessible and affordable to all. We therefore aim to keep ticket
prices as low as possible and additionally offer cut price tickets for jobseekers, students and families.
We provided significantly reduced preview tickets for the first performance in every season.
Our Pay What You Can scheme for every Mondsy perforniance throughoLrt the year continued to extend
our offering to those less able to afford our standard prices and to encourage new customers.
Audio Described and BSL p8rfomiances were offered for all productions.
Subtitles were also added to trailers and teasers.
Despite using a system of unallocated seating, we do offer a service to disabled audience members
including those who are hard of hearing or visually impaired, whereby they request front row or aisle
seating in advance. Large print copies of the synopsis are also available from the Box offi￿ on site.
Relaxed Performances Nights were included for all main house shows.
Visual guides for all venues were created so patrons could get an idea of what to expect before they
arrived. This can help to relieve anxiety and promote an inclusive atmosphere.
GSC continued to offer complimentary tickets to a number of local charities..
Our school's tours in partnership wtth Delight and Geoff Herrington. toured to ￿enty disadvantaged
schools in Surrey, providing children with their first experience of Shakespeare and for the majority also
their first experience of theatre.
EDUCATIONAL & OUTREACH PROGRAMME
Our Education and Outreach Department was run by Creatrve Leaming Producer. Kerrie Driscoll. and
our Education Manager was Rob Cann. A range of freelancers facilitated our clubs, classes, tours and
Guildford Shakespeare Company Trust Lirniled
Charity Reg. No. 11395261 Company R￿. No. 07458841
Reg. Office." 18 Famharn Road. Guildford GU1 4XA

GUILDFORD
SH￿KEsPEARE
COMPANY
Astolal Pavilion. Lido Road, Guildford, GU1 1 FH
T: 01483 301590
info@guildford-shake5peare-company.co.uk
W: www.guildford-shakespeare-company.co.uk
Honorary Patron Brian Blessed OBE
outreach projects. This year Eli Murton joined the team as part of her role Leaming and Development
Coordinator, primarily looking after exsisting project In Our Stars and building the schDols workshops.
Some 26.000 participation opportuntties were created through our Education and Outreach classes.
7000 of those were fee paying. attending weekly clubs, classes and workshops. A further 19000
participants engaged with our free to access outreach programmes.
GSC Saturdays is for children aged 8-18 and takes Pla￿ at GSC HQ between 1 Oam and 12md on a
Saturday morning.
GSC Wednesday is a mid-week drama group for children aged 7-12 and takes place at GSC HQ
be￿een 6pm-7pm.
GSC Mondays is a more intimate drama group for autistic young people. taking place at GSC HQ 6pm-
7pm. It is limited to 8 participants and is providing a relaxed space to enjoy drama and make social
connections.
GSC Sprites The two regular weekly Sprites classes at Queen Eleanor's Junior School, and the one
at Godalming Junior School on Wednesdays Sprites continues to sell out to full capacity. Sprites at
Boxgrove Primary School continues on a Monday.
Hollday Drama Clubs We now run 4 Play-in-a-week summer schools for paying participants.. for
12-18yr olds, and two for 7-13yr olds. Alongside these holiday clubs, we also ran three further free to
access, week-long clubs for Young Carers, Together- a club for children with disabilities, and a further
o age groups for Club4
a govemment funded club ft)r children from household's struggling
financially.
Adult Classes The Bard's Not That Hard is GSC'S practical Shakespeare classes for adults continues
in its popularity, consistently this group has been full for the last 12 months. We piloted a dance cl8ss
for adults called Shake it with Shakespeare, off the back of our Community Chorus participant in th8
summer production of Romeo and Juliet. We introduced this as a 6-week course and will continue
building this in 2025.
GSC s Young CompanyThursday evèning class for teenagers who have an active interest in entering
the profession, with dedicated mentoring schemes and streams of work that focus on directing and
writing as well as acting. Th& students are treated as young professionals in training and a significant
part of their studies is focused on site-responsive work. In September they began preparations for their
tenth play.
In-school Workshops In 2024. GSC held 41 paid in-school workshops at 17 dtfferent schools.
Brave New World
GSC continued Brave New World, an ongoing programme of outreach projects to affect social change
within our communities, which began in September 2018. These projects assist less advantaged
schools and reduce social isolation in the communty. using the transformative power of live theatre.
Funding was secured from various sources, Fncluding," The National Lottery, The Community
Foundation for Surrey, The High Sheriff Youth Awards. Surrey County Council (Club4), Guildford Lions,
Delight Charity, Guildford Poyle Charities, Geoff Herrington Foundation. and The Wrentham Trust,
Tesco Grants, David Williamson Trust.
Delight in Shakespeare
Working with another Surrey based charity Delight, we toured A Midsummer Night's Dream to primary
schools, with follow-on workshops helping them to create their own productions of the play to perform
to family and friends.
Speak The Speech
Guildford Shakespeare Company Trust Lirnited
Charity Reg. No. 11395261 Company Reg. No. 07458841
Reg. Office". 18 Famharn Road. Guildforcl GU1 4XA

GUILDFORD
SHfyKESPEARE
COMPINY
Astolat Pavilion, Lido Road, Guildford, GU1 1 FH
T: 01483 301590
info@guildford-shakespeare-company.co.uk
W: www.guildford-shakespeare-company.co.uk
Honorary Patron Brian Blessed OBE
With the help of a grant from The Wrentham Trust we have been able to work with every student in
Years 4-6 at Guildford Grove School and Weyfield Primary academy. Both schools have above the
average number of students eligible for Pupil Premium.
The Play's the Thing
Funding from The Geoff Herrington Foundation enabled GSC to tour to disadvantaged GCSE students
in Surrey, providing 16 schools with professional insight at a crucial point of their academic life. The
project delivered the most popular Shakespeare plays studied at GCSE, Macbeth and Romeo and
Juliet. We continued the relationship with the Orange Tree as co-producer with an extension to the
Orange Tree Theatre and surrounding schools in the area. As well as a week's tour to Village Halls in
Surrey, a week in Reading working with Reading Rep Theatre.
Spirit of Youth
Has continued at Queen Elizabeth Park Care Home and Weyfield Primary Academy where the project
originated. It has been incredibly successful with funding provided by the Community Foundation for
Surrey. We continued the project in Redhill with Greensands Care home and Salfords Junior School
for the Spring term, but due to school staffing restrickn'ons the programme finished in the summer.
A Time For All Things
We continued our year-long residencies providing workshops for Christ College and Kings College
Guildford. with the support from The Wrentham Trust. The programme is created in close collaboration
with members of the teaching staff making sure Shakespeare is heard and neverjust read.
In Our Stars
We began a new programme of weekly sessions for young carers at Kings College. We also ran a
summer club with young carers from all Guildford schools invited to attend. Funded by The Archbishop
of York Trust and Guildford Poyle Foundation.
Wlth my Eyes
Our dramatherapy sessions returned for its fifth year. Funded by the National Lottery Community Fund,
and The High Sherrff. Working with 8 families, we have seen great success with reports of better
communication and understanding, lessjudgmentfrom peers and stsrting to feel more comfortable with
who they are.
Play On
We continued for the Autumn Term, for past participants of With My Eyes. The sessions allowed the
children to continue their relationship with GSC and other participants, while gaining continued support.
Funded by The Wrentham Trust. This class stopped in Spring as we saw many of the participants take
up places in our mainstream drama clubs, such as Young Company and Monday's.
Festival of Revels
Our third year collaborating with West Horsley Place, on the Festival of Revels. Joining GSC and the
Raleigh school for a week intensive to create a sonnet walk around the beauti￿[ grounds and house,
performed to family and friends.
RAISING PROFILE AND MARKETING
The charity's profile continued to be raised through our main house productions, events and online
interaction.
Social media was by far the charity's main source of raising profile, with the following results.
Facebook
Followers - Up 224 followers (up 26Q/o compared with 2023)
Net Followers- up 153 (down 1 % compared with 2023)
Reach - 458K (up 133°A compared with 2023)
GuTldford Shakespeare Company Trust Limitèd
Charity Reg. No. 11395261 Company Reg. No. 07458841
Reg. offi￿.. 18 Farnham Road. Guildford GU1 4XA

GUILDFORD
sH￿KEspEARE
COMPANY
Astolat Pavilion, Lido Road, Guildford. GU1 1 FH
T. 01483 301590
- info@guildford-shakespeare-company.co.uk
W: M*w.guildford-shakespeare-company.co.uk
Honorary Patron Brian Blessed OBE
Instagram
Followers- 358 (up 60/0 compared with 2023)
Reach - 107.5K (up 876 % compared with 2023)
You Tube
Subscribers - 413 (up 67)
Views - 36K (24k 2023)
Impressions - 394K (271k 2023)
TikTok"
Followers- 512
Likes- 2206
'No previous data or deeper insights due to not being set up as a business account. This has since
been remedied.
Good relations continued with BBC Surrey with numerous interviews throughout the year.
National profile continued to be raised with reviews from The Guardian, The Daily Telegraph and The
Daily Mail. For Romeo & Juliet an outside PR company was engaged who also generated coverage
on Greatest Hits Radio for GSC.
In 2024, the Co-Founders continued to seek opportunities to maximise their own profiles to further the
message of the theatre company and charity's objectives. These included:
Talks with local groups, including the Cobham Literary Festival
Hosting thè Surrey Propety Awards.
Matt returned to the Yvonne Arnaud panto for the sacond year, seen by over 29,000 people.
One of the largest developments was the appointment of a specialist Digital Marketing &
Communications Officer. Briony is now looking after all digital comms and asset creation, as well as
supporting the development of marketing campaigns. This includes the making of videos and in-
house design.
New Box Office & comms
2024 saw our first full calendar year using the new Box Office system. Ticketsolve. This development
has improved communications with our audienceslparticipants in the lead up to their experiences with
us, as well as stream-lining the customer experience whilst purchasing tickets. In time it will also
enable us to monitor and understand our audiences better.
10722 tickets were sold through the system. including for the first time, all our Drama Clubs. These
transactions totalled £293,002.
It was anticipated that the new Box Office system would cost more than previous to run, and the first
two years at least has been covered by a generous donation and funding (£33K). Breakdown as
follows:
Ticketsolve commission
SplitPixel Iweb hosts)
Global (Payment Gateway)
Total
£8,647.60
£3,474
£566.03
£12,862.91
A Box Office iPad was also purchased. This leaves £14.741 of the Box Office fund still to be used for
future years
Guildford Shakespeare Company Trust Limiled
Charity Règ. No. 11395261 Company R￿. No. 07458841
Reg. Office". 18 Famham Road. Guildford GU14K4

GUILDFORD
SHAKESPURE
COMPANN
Astolat Pavilion. Lido Road, Guildford, GU1 1 FH
T- 01483 301590
info@guildford-sh8kespeare-company.co.uk
W: www.guildford-shakespeare-company.co.uk
Honordry Patron Brian Blessed OBE
SUSTAINABILITY
Whilst GSC has always sought to be environmentally aware it was agreed in 2022 that the charity
needed to create a Sustainability Policy. This policy will help GSC make crucial future planning
decisions. become a leader in our industry and ensure the charty is doing all it can to be sustainable.
The first stage of this was to conduct an audit of what we currently do that is sustainable. and what is
not.
The team identified some 'easy wins. to further boost such as printing in draft and only turning on the
water heaters as necessary. We also need to promote more what we are doing, as audiences, partners
and funders are becoming increasingly more aware and are looking at how those they interact with are
being sustainably conscious.
This will be a longer project and more research is to be done on sustainable practices within our
industry" and how we can turn those into practical applications given our operation. Co-Founder Matt
Pinches and Creative Learning Producer Kerrie Driscoll are leading on this.
FINANCIAL REVIEW
We operated our bank account with a positive balance throughout the year. We continued operating
both current and deposit accounts. We paid all our credttors within their terms and conditions.
A grant of £44,458 from Arts Council towards Romeo and Juliet was awarded this year.
Our Education Department received several grants for Brave New World, a series of outreach projects
within local schools and the communty:
The Play's The Thing (Macbeth and Romeo and Juliet to GSCE students in 15 Disadvantaged
Secondary Schools. Autumn 2022)
£ 29.566 received from The Geoff Herrington Foundation
With My Eyes (a programme of therapeutic sèssions for excluded youth and their parents- to
take place in Summer Term 2023)
£5,000 received from High Sherrif Youth Awards, £4,000 Poyle Charities Guildford,
£2,500 anonymous donation. £1.000 from Guildford Lions. David Williamson Trust, and
Tesco Grants,
Together (holiday clubs for S.E.N.D children and young adults)
£4,050 from Surrey County Council
Club 4 (holiday club for less advantaged children)
£7040 from Surrey County Council
In Our Stars (Free drama club for young carers)
£4, 700 from Communty Foundation for SurTey
Spirit of Youth
£7, 500 Communty Foundation for Surrey
Speak The Speech, A Tirne forAII Things, Play On and In Our Stars
£31,004 from Wrentham Tnjst
Funding granted in 2024. carried into 2025:
Spirit of Youth - £2500
With My Eyes - £7500 National Lottery Communty Fund
Corporate Sponsorship from local and national business is a vital Sour￿ of GSC'S income. Though on
average a comparatively low amount compared to ticket sales. it is often the difference be￿een
breaking even and not.
Returning Principals included Whittingtons. experien￿GUildfOrd. Charles Stanley and Chapters
Financial.
Guildford Shakespeare Company Trust Limitèd
Charity Reg. No. 11395261 Company Reg. No. 07458841
R￿. Officè: 18 Famham Road. Guildford GU1 4XA

GUILDFORD
SHIKESPEARE
COMPANY
Astolat Pavilion, Lido Road, Guildford, GU1 1 FH
T. 01483 301590
info@guildford-shakespeare-company.co.uk
W: www.guildford-shakespeare-company.co.uk
Honorary Patron Brian Blessed OBE
Nine other Perft)rmance Sponsors returned along with S new ones. One of these was a previous
Principal Sponsor who supported PnP Press Night, whilst another supported in-kind by purchasing
large number of tickets.
Combined wilh programme advertising, sponsorship generated £26,430. a small increase of £443 on
2023. Although sponsorship for most of 2024 hit above target, that for Pride & Prejudice the start of the
year was below the usual amount sought. Feedback from GSC'S Corporate Fundraiser included that a
number of sponsors were still pulling back on budgets and changes in personnel (thus taking
sponsorship elsewhe￿). The inclusion of the Murder Mystery in December 2023, so close to the start
of 2024, split both generation time and sponsors. attention.
Support in kind from Yvonne Arnaud Theatre, Bennewith & Co and Surrey Chambers of Commerce
continued.
We continued our close rèlationship with Hogs Back Brewery as interval Bar Partners.
DONATIONS
Donations continued to be collected through standing orders. bequests, PayPal Gtving Fund and being
added to ticket bookings.
Totsl donations made to the charity were £19,819.96
(£3303.45 more than 2023)
This w8s made up in the following ways:
With ticketlclass purchases
Through the Box Office
Directly to the charity
Put Up Swords
Festival of Revels
£3258.51
£12,208.00
£3772.00
£209.00
£500.00
(3 large donations incl. £6000, £2181, £1500)
(Stsnding Orders, cheques. etc)
(made through Box Office)
New for this year was the ability for class bookers to donate when booking class (£453), though this
does mean that donations made with tickets was slightly less than 2023.
A further £6303.88 was claimed in Gift Aid from donations and FriendslPatrons memberships.
SECURITY
Project Five was purchased by Fluidone who are now the charity's IT support provider. who also
maintain the cyber security of GSC.
The enhanced protection provided by SplitPixel ensures our website remains compliant and secure.
GSC continue to comply with GDPR privacy rules. and which is continually reviewed across the year.
HR
GSC employed freelance HR support from Rosemary Hedgecock at 271HR.
Guildford Shakespeare Company Trust Limited
Charity Reg. No. 11395261 Company R￿. No. 07458841
Reg. Office.. 18 Famham Road, Guildford GU1

Guildford Shake5
eare Com
an
Trust Limited
Statement of Financial Attivitie5
for the Year Ended 31 December 2024
31.12.24
Total
fvnds
31.12.23
Total
funds
Unrestricted
fund
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
138.549
126,337
264,886
221,352
Other trading activities
Investment income
Other income
441,704
713
79.009
441,704
713
79,009
396,465
676
97,997
Total
659.975
126,337
786,312
716,490
EXPENDITURE ON
Raising funds
384,268
156,774
541,042
519.186
Charitable activities
Charitable activities
108,587
108,587
73.821
Total
492,855
156,774
649.629
593,007
NET INCOME/(EXPENDITURE)
167,120
(30,4371
136,683
123,483
RECONCILIATION OF FUNDS
Total funds brought forward
193,725
60,296
254,021
130,538
TOTAL FUNDS CARRIED FORWARD
360.845
29.859
390,704
254,021
The notes form part of these financial statements
Page 9

uildFord Shakes
eare Corn
Trust Limited
Balance Sheet
31 Dec
mber 2024
31.12.24
Total
funds
31.12.23
Totsl
funds
Unrestricted
fund
Restricted
fijnd
Notes
FIXED ASSErs
TanbTble assets
12
49.770
49,770
61,386
CURRENT ASSErs
Debtors
Cash at bank
13
92,413
332,952
92,413
362,811
16,643
318,294
29.859
425.365
29.859
455,224
334,937
CREDITORS
Amounts falling due within one year
14
1114,2901
{114,2￿)
1142,3021
NEf CURREMf ASSETS
311,075
29,859
340,934
192,635
TOTAL ASSEfs LESS CURRENT UABIUTIES
360,845
29,859
390,704
254,021
NET ASSErs
360,845
29,859
39),704
254,021
FUNDS
Unrestricted funds
Restricted funds
15
360,845
29,859
193,725
60,296
TOTAL FUNDS
390,704
254,021
The charltable company is entitled to exemption from audlt under Section 477 of the Companies Art 2006 for the year
ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2024 in accordancewith Sertion 476 of the CompaniesArt 2¢)%.
The trustees acknowledge their respon5ibilitles for
la)
ensuring that the charitable cornpany keeps accountin8 records that comply with Sections 386 and 387 of the
Companies Act 2C06 and
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 requirernents of the Cornpanies
Art 2(X)6 relating to financial statements, so far as applicable to the charitable cornpany.
Ibl
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
Trustee
The notes form part of these finanaal ststements
Page 10
ontinued...

Guildford Shakes
eare Com
an
Trust Limited
Cash Flow Statement
forthe Year Ended 31 December 2024
31.12.24
31.12.23
Notes
Cash flows from operating artivities
Cash generated from operations
45,411
121,755
Net cash provided by operating activities
45,411
121,755
Cash from investing artivitie5
Purchase of tangible fixed asset5
Interest received
(1.6071
713
119,9151
676
Net cash used in investing activities
{8941
119,2391
Change in cash and cash equivalents In the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
44,517
102,516
318.294
215,778
Cash and cash equivalents at the end of
the reporting period
362,811
318,294
The notes fonn part of these financial statements
Page 11

Guildford Shakes
eare Com
an
Trust Limited
Notes to the Cash Flow Statement
forthe Year Ended 31 December 2024
RECONCILIATION OF NEf INCOME TO NEf CASH FLOW FROM OPERATING ACTIVITIES
31.12.24
31.12.23
Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Interest received
Increase in debtors
Decrease in creditors
136,683
123,483
13,223
17131
175,7701
(28,0121
12,886
16761
13,8161
110,1221
Net cash provided by operations
45,411
121,755
ANALYSIS OF CHANGES IN NET FUNDS
At 1.1.24
Cash flow
At31.12.24
Net cash
Cash at bank
318,294
44.517
362,811
318,294
44,517
362,811
Total
318,294
44,517
362,811
The notes form part ofthese financial statements
Page 12

Guildford Shakes
eare Com
an
Trust Limited
Notes to the Financial Statements
for the Year Ended 31 December 2024
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 1021 'Accounting and Reporting by Charities.- Statement
of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 20191,, 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 c05t convention.
Income
All income is recogni5ed 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.
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 benefit5 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 flxed assets
Depreciation is provided at the following annual rates to write off the cost of tangible fixed assets over their
useful life:
Computer equipment
Land & buildings
Furniture, fittin8s and equipment
Motor vehicles
33.3% straight line
IO% straight line
33.3% straight line
25% straight line
Taxation
The charity is exempt from corporation tax on its charitable attivrties.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objettives at the discretion of the trustees.
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.
Page 13
continued...

Guildford Shakes eare Com
Trust Limited
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
DONATIONS AND LEGACIES
31.12.24
31.12.23
Sponsorship
Donations
Grants
Subscriptions
23.125
27.018
212.713
2,030
23,250
22,290
169,218
6,594
264,886
221,352
Grants received, included in the above, are as follows:
31.12.24
31.12.23
Other grants
212,713
169,218
OTHER TRADING AcfiviTIES
31.12.24
31.12.23
Ticket sales
Workshops / schools
Advertising
Refreshment sales
Other fundraising income
Special performance5
271,678
116,550
3.620
30.432
6,127
13,297
220,987
97.893
6.921
23,794
11,863
35,007
441,704
396,465
INVESTMENT INCOME
31.12.24
31.12.23
Deposit account interest
713
676
Page 14
continued..

Guildford Shakes
eare Com
an
Trust Limited
Note5 to the Financial Statements- continued
forthe Year Ended 31 December 2024
RAISING FUNDS
Other trading activities
31.12.24
31.12.23
Staff costs
Props, costumes / stsge
Subcontractors
Equipment & site hire
Storage
Refreshments
218.593
33,231
245,745
34,624
985
7,864
209,742
32,737
235,300
33,609
1,017
6,781
541,042
519,186
CHARITABLE AcfiviTIES COSTS
Support
costs (see
note 71
Direct
Costs
Totals
Charitable activities
103,306
5,281
108,587
SUPPORT COSTS
Finan¢e
Charitable activities
5,281
NET INCOME/{EXPENDITURE)
Net income/lexpenditure) is stated after charging/{creditingl:
31.12.24
31.12.23
Depreciation- owned assets
13,223
12,886
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year
ended 31 December 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 December 2023.
Page 15
continued...

Guildford Shakes
eare Com
an
Trust Limited
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
io.
STAFF COSTS
31.12.24
31.12.23
Wages and salaries
218.593
209,742
218,593
209,742
The average monthly number of employees during the year was as follows:
31.12.24
31.12.23
Employees
No employees received emoluments in excess of £60,000.
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
178,250
43,102
221,352
Other trading activities
Investment income
Other income
396.465
676
97.997
396,465
676
97,997
Total
673,388
43,102
716,490
EXPENDITURE ON
Raising funds
458,540
60,646
519,186
Charitable activities
CHARITABLE
73,821
73,821
Total
532.361
60,646
593.007
NEf INCOME/IEXPENDITURE)
141,027
117,5441
123,483
RECONCILIATION OF FUNDS
Total funds brought forward
52,698
77,840
130,538
TOTAL FUNDS CARRIED FORWARD
193.725
60,296
254,021
Page 16
continued...

Guildford Shakes
eare Com
an
Trust Limited
Notes to the Financial Statements- continued
forthe Year Ended 31 December 2024
12.
TANGIBLE FIXED ASSErs
Fixtures
and
fittings
Freehold
property
Motor
vehicles
Totals
COST
At lJanuary2024
Additions
77.199
8,226
1.607
19,915
105,340
1,607
At 31 December 2024
77.199
9.833
19,915
106,947
DEPRECIATION
At l January 2024
Charge for year
30,876
7,720
8,099
524
4,979
4,979
43,954
13.223
At 31 December 2024
38.596
8,623
9,958
57,177
NET BOOK VALUE
At 31 December 2024
38.603
1,210
9,957
49,770
At 31 December 2023
46,323
127
14,936
61.386
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Trade debtors
Other debtors
Prepayments
12.042
80,371
5,869
975
9,799
92,413
16,643
14.
CREDITORS: AMOUNT5 FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Trade creditors
Social security and other taxes
Other creditors
Accrua15 and deferred income
Accrued expenses
43,397
4,072
1,938
48,982
15.901
13,248
4,286
951
81.586
42,231
114,290
142,302
Page 17
continued...

Guildford Shakes
eare Com
an
Trust Limited
Notes to the Financial Statements- continued
for the Year Ended 31 December 2024
15.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
193,725
167,120
360,845
Restricted funds
Other Funding { restricted Grants)
60.296
(30.4371
29,859
TOTAL FUNDS
254,021
136,683
390,704
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
659.975
1492.8551
167,120
Restricted funds
Other Funding I restricted Grants)
126.337
1156,7741
130,4371
TOTAL FUNDS
786.312
(649.6291
136,683
Comparatives for movement in funds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General f und
52,698
141,027
193,725
Restricted funds
Other Funding I restricted Grants}
77,840
117,5441
60,296
TOTAL FUNDS
130,538
123,483
254,021
Page 18
continued...

Guildford Shakes
eare Com
an
Trust Limited
Notes to the Finantial Statements - continued
for the Year Ended 31 December 2024
15.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows".
Incoming
resources
Resources
expended
Movement
in funds
Unrestrirted funds
General fund
673,388
1532,3611
141,027
Restricted funds
Other Funding { restricted Grants)
43.102
(60,6461
(17,5441
TOTAL FUNDS
716.490
(593,0071
123,483
Restricted Funds:
Other Fundin
Community Foundation for Surrey. Geoff Herrington Foundation, Poyle Charities Gulldford, Surrey County
Council, National Lottery Community Fund, The Arts Council, High Sheriff Youth Awards and the Wrentham
Trust have all given grants to support our Charity in 2024. Further information can be seen in the Trustees
Annual Report.
16.
RELATED PARTY DISCLOSURES
There were no related party transattions for the year ended 31 December 2024.
Page 19

Inde
endent Examiner's Re ort to the Trustees of
Guildford Shakes
eare Com
an
Trust Limited
Independent examiner'5 report to the trustees of Guildford Shakespeare Company Trust Limited ('the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2024.
Responsibilitie5 and basi5 of report
As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible
for the preparation of the accounts in accordance with the requirements of the Companie5 Act 20061'the 2006 Act'l.
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, I report in respect of my examination of your charity's accounts a5
carried out under Section 145 of the Charities Att 2011 I'the 2011 Act'l. In carrying out my examination I have
followed the Direttions given by the Charity Commission under Section 14515) {b) of the 2011 Att.
Independent examiner'5 Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act,. or
the accounts do not accord with those records: or
the accounts do not comply with the accountin8 requirements of Section 396 of the 2006 Act other than any
requirement that the accounts 8ive a true and fair view which is not a matter considered as part of an
independent examination; or
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 Rapublic of Ireland IFRS
10211.
I have no toncerns 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.
A J Bennewith FCA, FCPA, FFA, FFf& DChA. FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GUI 4XA
Date..
£oiS
Page 20