## PAVILION THEATRE 

Pier Gardens, Gorleston, Norfolk NR316PP (01493) 662841 Fax: (01493) 333456 

25[th] May 2022 

The charity along with many other charities has seen a significant drop in donations over the past year due to the affects of Covid.  During this period we were closed for over 15 months and therefore not able to do any fund raising events which also dramatically reduced our income. 

There are many projects to undertake including roof repairs, replacement stain glass windows, pointing and much much more. Now that we are able to operate at a full audience capacity we can start planning fund raising events to move forward with these and other projects. 


Pavilion Theatre Restoration Ltd, Pier Gardens, Gorleston, Norfolk NR31 6PP Charity Registration Number 1142375 



Charity registration number 114237S
Company reglstrdtlon number 07311986 (England and Wales)
PAVILION THEATRE RESTORATION LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
PAGES FOR FILING WITH REGISTRAR

PAVILION THEATRE RESTORATION LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Tru$t*es
Mi S Malkowth
Charity number
1142375
Company number
07311986
Principal address
Pa￿lon Theatrè
Pièr Gardens
Gorleston
Great Yarmoulh
Norfolk
Englan
NR316PP
Roglstsred offic•
7 Church Plain
Gieat Yamiouth
Norfolk
England
NR30 1PL
Indepondgnt examiner
Dominic Shaw FCCA
Aslon Shaw Limited
Chartered Certified Accountants
The Union Building. 51-59 Rose Lane
NO￿lCh
Norfolk
England
NR1 1BY

PAVILION THEATRE RESTORATION LTD
CONTENTS
Pago
Trustees raport
Statement of finanual a¢tivrties
Balance sheet
Notes lo the finanryal statements
6-10

PAVILION THEATRE RESTORATION LTD
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 JULY 2021
The trustèes present their annual report and financial stalements for the yew ended 31 July 2021.
The financial statements have been prepared in accordan￿ wilh the a￿unkn9 polK4es set out in note 1 to the
financial slaternents and comply with the charity's ar1￿1￿$ of association, the Companies Act 200S and Accounting
and Reporting by Charities.. Statèment of Recommended Piaciice applicab￿ to charities prèpanng Iheii accoun15 in
accordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1Q21"
leffè¢live 7 January 20791.
Objectives and activities
The preservation, restoration and maintenance for Ihe public benefit of the Pawf￿n Theatre and thè advancement of
the education of the public in the history and architecture ol the building.
To advance the education of the public in the arts Ihrough the provision of partiapatory wothshops and by such
other means as the trustees may determine.
To prornole tha arts for the public bènefil in particular. bLrt not exdusively, the dr￿¥￿. mus￿al and perforrning arts.
The trustees have paid due regard lo guidance issued by Iho Charity Conwni55ion in decbding what activitie5 the
charity should undertake.
A¢hievements and perf0rn7ancè
The ¢harily along with many other chaiities has seen a signifKant drop in &tnalions over Ihe past year due to the
affects of Covid. During this period we were closed for over 15 months and Iherefore nol able to do any fund raising
events which also drarnalically reduced our income.
There are many projects to undertake including coof repairs. replacement slain glass wndows. Pointing and much
much more. Now that we are able lo operate at a film a￿llence capaaty we can start planning fund raising events to
move forward with these and other piojects.
Finaneial review
The charity is currently fisnded by donations from theatre adivtties SLK* as S￿)w$ and dimers. These lund5 are
kept to undertake key works such as maintenance ol the roof and other builjng features.
The directors & Iruslees believe the charitable [￿mpanY will continue for at least 12 months and considered the
effects of COVID-19 to the charitable actimties.
The resewves are unrestricted however they must be useil towards ihe chantys c&jective$.
Plans for futurè periods
The trustees are looking lo raise finance for the ￿pair of the roof in Ihe corning financial year along with other
projec15 when the money becomes available.
Structure. governanca and managemènt
The charity is a c4)mpany limited by guarantee as defineil by the Companies A¢t 2006 and controlled by its
governing document, artides of associatitin.
The Iruslees, who are also the directors for the purpose of Ixynpany law. and who serverf during the year and up to
the date ol signature of Ihe financial statements were".
Mr S Malkovi¢h

PAVILION THEATRE RESTORATION LTD
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI {CONTINUED)
FOR THE YEAR ENDED 31 JULY2021
None of the trustees has any beneficAal interest in the company. All of Ihe tDJStees *9 members of the company and
guarantee to conlribule £1 in the event of a winding UP.
The trust deed states that the charity must have a minimum of three trustees. Every lufure trustee 15 appointed after
a major vole by resolution of the trustees passed at a special meeting.
When appointing new trustees the charity shall take into a￿OUnt the beneffts of app￿ntIng a person who through
residen¢e. occupation. ernploymenl or otherwise ha5 a special knowledg6 of the area ol benefit or who is othe￿iSe
able by virtue of his 01 her personal or profess￿al qualifKations to make awntribtilion to the pursuit of the objects
or the management of the charity.
The trLtste&s report was approvÈd by the Board of Trustees.
Mr S Malkovi¢l)
Trustee
Dale..

PAVILION THEATRE RESTORATION LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PAVILION THEATRE RESTORATION LTD
I report to th8 tru51ees on my examination of the ￿ancIal statement5 01 Pavknn Theatre Re5torab"on Ltd Ilhe
charity) for the year ended 31 July 2021.
Respon8lbllltle$ and basis ol report
As the Irust8es of the charity larbd also It$ dire¢lNs l¢r the purposes of cornpany lawl you are responsible foi the
preparation of Ihe financial statement5 in accordance wlh Ihe reiuirement5 If the Companies Act 2008 Ilhe 2006
Acll.
Having sali$fied my5ell that the finanrial slateTT*nis of Ihe charily are not required fo be audited under Part 16 of
IlTre 2006 Acl and are eligible lor independent examinat￿n. I report in respect of rry examination of Ihe tharily's
rinancial 51atemtrnts carried out under section 145 of the Charitie$ Acl 2011 Ilhe 2011 Acll. In catrying out my
examlnalion I have followed all the sppb¢able Dwedions given by Ihe Charity Cornmi5sion under seclion 14515llbl
ofthe 2011 Act.
I have Gornpleled my ex8minalion. I have identikd a matter ol ¢￿￿teM in fewjrt becavse I have concems Ihal
Ihe charity forwarded a £10.000 COVIO granl to a Irusiee's (Mr S Ma*ovthl personal trading company Razmalaz
Ltd during Ihe year ended 31104rd020.
Ouring the year endert 3110712020. the charity was repakl £1,344. The rem￿lThj b8knc8 was repaid during Ihe
year 8nded 3110712021 through donations whith paid lor building expenses foilhe benefjt ofthe charity.
I confirm that no other malters have ¢(MY* Its wny allention in (x*￿e￿10n with the examination giwng me cause lo
believe th81 in any material respecl..
accounting records weTe nol k8pI in resped of the charity as requi￿￿ bysethin 386 01 Ihe 2(K)6A¢t.' or
the financial s121einen15 do nol accord wilh those records. or
thè financial 5talemenl$ do not ¢ornpty wilh the account￿g requiiemen15 of 5eclhm 396 of the 2(￿ Acl other
than any requiretnenl Ihal Ihe actounls gwe a Itue and fair view wJw¢h i$rtoi a maiterwnsKJered a5 part of an
ndependent examination,. or
Ihg financtal staletneTrls have T￿1 been prepa￿d ifi accordance wdh the mthods and principles of the
Slalament of Recommeniled Pwactice for accounting and ￿POrting by charities 8pplicable lo charities
preparing their a¢¢ouThls in accordance Ihe Finanual Reporting Slanrjard appli￿ble in the UK and
RepubliG ol Ireland IFRS 1021.
I coTrfirm that there are no olher mallers in conneclrtn Mlh ihe examination lo atlenlion 5htyJld be drawn in
this report in order lo enable a propel undetstsnding of Ihe financial Slatemenl%to b8 reached.
Domlnlc Shaw FCCA
Aston Shaw Limiled
Chartered Cerbfied Accounlanls
The Unlon Building. 51-59 Rose Lane
Norwl¢h
Norfolk
NR1 18Y
En9lan
Oaied".
0,è.6,, ZL

PAVILION THEATRE RESTORATION LTD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JUL Y 2021
Unresthcted Unrestricted
lunds
funds
2021
2020
Notes
Incom•
rom:
Donations and legacies
Charitable activitres
32.391
23,296
6.279
Totsl incom•
32.391
29.575
Ex
nditure on:
Raising funds
609
359
Charitable activilies
41.007
22.724
Total expenditure
41,616
23.083
Nèt lexpenditurellincom? for the yearf
Net movement In funds
{9.2251
6,492
Fund balances al l August 2020
7,311
819
Fund balancos at 31 July 2021
(1.9141
7,311
The slatemenl of finanaal activit￿S I￿l￿e5 an gains and10sse5 recognised li the year.
All income and expenditure derive from c4Jntinuing actiw"lie5.
Th8 Statement ol financial activities also complies wilh the requirements f￿ an irK0￿* and expenditure acLount
under the Companies Act 2006.

PAVILION THEATRE RESTORATION LTD
BALANCE SHEET
AS AT 31 JULY2021
2021
2020
Not•s
Currant assets
Debtors
Cash al bank and in hand
8.666
1.279
652
652
9,945
Credltors: amounts falling dug within
ono year
10
12.5661
{2.6341
Nel curienl Iliabililiesllassets
11.9141
7.311
Income funds
Unrestricted funds
(1.9141
7,311
11,9141
7.311
The company is entitled to Ihe exemptitsn from the audit requirement conts¥Ed in section 477 01 the CompaniesAct
2006, for the year ended 31 July 2021.
Tha directors acknowledge IheiT responsibilitie5 for complying with Ihe rewireTnenls of the Companie5 Act 2006
with respect to accounting iecords and Ihe preparation of financial statemenls.
The member5 have not required thè ￿rnpanY lo obtsin an audit of rts financial statements for the year in question in
accordancè with section 476.
Thgse finanaal 51alements have been p￿Pared and delivered in accordance with tho Jyowsions applicable to
companies subject to the small [￿mpanieS regime.
The financial statements were approved by the Trustees on .......
Mr S Malkovich
Trustoe
Company registrntion numbèr

PAVILION THEATRE RESTORATION LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y2021
Accountlng policies
Charity inforniatlon
Pavilion Theatre Restoralitsn Ltd is a private cornpany limited by guarantee incorporated in England and
Walès. The registered office 15 7 Church Plain. Greal Yarrnouth, Norfdk. NR30 1 PL, England.
1.1 Ac¢ounting conv•ntion
The financial statements have been Pfepared in accordance with the charity's tgoverning documèntl, the
Companies Act 2006. FRS 102 "The Financial Reporting Standard applicable in Ihè UK and Republic ol
Irèland" I"FRS 102.1 and the Charrties SORP "Accounting and ReportiNJ by Chaiities". Slalernenl of
Recommended Piadice applicable to charities preparing therr accounts in a¢(x)rdanGe with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 20191. The
charity is a Public Benefit Entty as defined by FRS 102.
The charity has taken advantsge ol the provisw)ns in Ihe SORP for thaniies not lo prepare a Ststement of
Cash Flows.
The financral Statements are prepared in stertin9. whth is the frJnctKinal currenry of the charity. Monetary
amounts in these finanaal statements are rounded to the nearest £.
The financial statèments have been prepared vr￿er the historical ust u)nv8ntion. Imodrfied to include the
revaluation of freehold properties and to include investment propertiè$ and certain financial instruments al fair
valuèl. The principal accounting policies adopted are sel out below.
1.2 Golng conc•m
Al th8 lime of appmving the financial statement5. the Irustees have a ￿aSOnable expectation that the charity
has adequate r8source5 to continuè in operational existence ft)r the foreseeable future. Thus Ihe Iru51ees
continue to adopt the going concem basis of accouftting in pieparing fwon(ial statements.
1.3 Charitable fund¥
Unreslricled funds are available for use at the discreltyjn of the tWU51ees in furtherance of Iheir charrtable
objectives.
Raslricted funds are subjeci to specthc condilions by donors as lo how they rnay be used. The purposès and
uses of the restricted fijnds are sel out in Ihe notes lo Ihe financ4al slalemenl5.
Endowment lunds are subject to specific conditions by donors ihat the ￿pital musl be maintained by the
charity.
1.4 Income
Income is recognised when the charty is legalty entilled to it after any performance conditions have been mel.
the amounts can be measufed reliably. and it is probable that income ￿11 be re￿ived.
Cash donations are recognised on receipl. Other donation5 are recogni5ed On￿ the ¢haiity has been notified
ol the donation, unless performance condrtions require deferral of amount. Income lax rècoverable in
relation lo donations ¥eceived undor GfftAid or deeds of covenant is recognised al the time of the donation.
Legacies are rècognised on recèipt or olherwise ff the ¢harity has been nolifi&J ol an impendpng distribution.
the amount is known, and r￿1p1 15 expected. If the amount is rnt the legacy is treatad as a
contingent asset.

PAVILION THEATRE RESTORATION LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JUL Y 2021
A¢counting policies
Icontlnuèdl
1.$ Expendlturo
Expènditure is rècognised oncè there is a legal 01 cThislructNe oblKJaticn to transfei eo)nomic benefit to a
Ihird party, it is probable that a transfer of economK benefits will be requyad in settlement. and the amount ol
thè obligation can be rneastsred ieliably.
Expenses incurted for the p￿SerVat￿n, rèstoration and maintenance of the Pavilion Theatre afè accounted for
as property repairs on thè Statement ol FinancialActiwty.
1.6 Cash and ¢a$h equival•nts
Cash and cash equivalènts include cash in hand, deposrts held al call with banks, other short-lerm liquid
Investments with original maturities of thiee rnonlhs or less. and bank owdrafts. Bank overdraft5 are shown
within borrowings in current liabilities.
1.7 Flnancial instrumtrnts
The charity has elected lo apply the provisions of Seth"on 11 'Basic Finanoal InstrumeThls' and Section 12
'Olher Financial Instruments Issues. ol FRS 102 lo all of 115 financial instruments.
Finanual instruments are recognised in the chanty's balan￿ sheet when the charity becornes party lo the
contractual provisions of the instrument.
Financial assets and liabilities are offsèt. with the net amoun15 presented in the financial statemenls, when
there is a legally enlorceable right to sèt off the recognisèil arnounls aThJ there is an intention lo settlè on a nel
basis or to realise the a55el and settle the liability simultsneously.
Basic financial a55els
Basic financial assats. which include debtors and ¢ash and ba￿ b￿an￿s. are inihally rneasured al
transaction price including transaction cosls and are subsequently carried al amorbsed cost using the effectivg
interèst method unless the arrangement conslrtules a finanong transact￿)n, where the transaelion is
measured at the present value of the l¢Jture receipts discounted al a market rale of interest. Financial as5els
classified as ra¢eivable within one year ai8 not arnortised.
Basic flnancial liabllities
Basic financial liabilities, induding creditors and bank loans a￿ inilialty recogni4ed at transaction price unless
the arrangement constitutes a financing transaction, where the debt Instnjment is measured al the present
value of the future payments discounted at a markèt rate of interest. Fina￿la1 liabilitie5 dassified as payable
within one year arè not amortised.
Debt instruments are subsequentty carried at amortised cost. Using the eff￿tIVe interest rale method.
Trade creditors are obligations to pay for goods or 5eNKes Ihat have ken acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as currenl Iiabililies if payment is due within one
year or less. If not. Ihey are presentèd as non-current liabilities. Trade ueditors are fecognised initially at
transaction price and subsequently mèasured at amortised cost using the effective Interest method.
Derecognition of flnancial Ilabllilies
Financial liabilities are derecognised when the charrty's contractual obligations expire or are discharged or
cancelled.

PAVILION THEATRE RESTORATION LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 JULY 2021
Critical accounting estimat•s and judgemènts
In Ihe appli¢alion of the eharriy's accounb.ng poliaes, the tnJst8es arè required to make I￿9￿M￿ntS. estimates
and assumptions about the carrying amouril of assets and li8bililie5 Ihat are not readily apparent from other
sources. The estimate5 and associated assumptions are based on hL51oriGal experien￿ and other factors that
are considered to be relevant. Actual resulis may dtffer frorn Ihese estmales.
The estimate5 and undèitying assumpts'ons are ieviewed on an ￿gOIng bastq. Revisions to a¢￿untIng
estimates are recogniséd in the period in which the estimate is revised where the tevision affects only that
period. or in the period of the revision and lulure periods wher& the reifision affects both current and future
periods.
Donations and lègacies
Unr¢stri¢tsd Unre51ricted
funds
funds
2021
2020
Donations
Govefnmenl grants receivable and relaased
24.391
8,765
14.531
32.391
23.296
Charitablo activitie3
2020
2020
Sales within chafitable activities
6,279
Raislng fund5
Unrestrictsd Unrestricted
funds
funds
2021
2020
Fundraisin
nd ublici
Staging fundraisin9 events
359
359

PAVILION THEATRE RESTORATION LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JUL Y2021
Charitable activltl•s
2021
2020
Property repairs and maintenance
Repairs and renewals
Motor 6xpen5e5
Accountancy
38.146
2,177
43
641
19.259
2.627
838
41.CM)7
22.724
41,007
22,724
Tru$tses
None of th¢ twslees lor any pg(sons connecled with them) iecewl any remuneration or benefits from the
charity during the year.
Employees
The average monthty number of employees during the year was..
2021
Numbèr
2020
Number
Total
There were no employeès whose annual remunéiab.on was more than£60.OCKI.
D•btorn
2021
2020
Amounts falling dug wlthln one year:
Olher debtors
8,666
10 Creditors- amounts falling due within year
2021
2020
Trade creditors
Accruals and deferred income
2,018
548
2.136
498
2,566
2.634

PAVILION THEATRE RESTORATION LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 JULY 2021
11 Rètirement b•nfrfit 5chem8s
The charity operates a defir￿ corbtributitin pension sch&me for all ¢JJalfying employees. The a55els ol the
schemè are held separately from those of Ihe charity in an independently adrninislered fund.
12 R¢lated party transactions
Transa¢tions with rèlatsd partigs
During the year the charty entered inlo the folk)wing Iransaclions wrth *&latod parties..
Last year. the charity sent £10,(￿ to a trustee's, Mr S Malkov•*. peJ50nal trading company Razmatsz Ltd on
3010412020. The amount was donatad to the charity for iys charitable purposes. £1,344 was paid back during
the yaar.
During Ihe financial yeaT. the rèmaining £8,666 was paid back to the charity by don*ions conlribuling lo the
pavilion's propety repairs.
During the financial year, Mr S Malkovich also donated an addth.orol £21.643 which ￿)ntributed to furthèr
property repairs.
10-

PAVILION THEATRE RESTORATION LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PAVILION THEATRE RESTORATION LTD
I report to the trustees on my examination of the financial slatements of Pavilion Theat￿ Restoratlon Ltd (the
charityl for the year ended 31 Juty 2021.
Re5ponslbllitle$ ond basls of report
As the trustees of the charity land 8150 its di¥ectors for Ihe wrposes of company lawl you are responsible for th8
Preparation of the financial statements in ar￿[dance wlh the wuirements of the Companies ACJ 2006 (the 2006
Actl.
Havin9 satisfied mysew that the finanrial statements of the chaHty are nol reqtsired to be altdited under Part 16 of
the 2006 Act and are eligible for independent examinaiion, I report tn respect of rny examination of the charity's
financial statements Carried out under section 145 of the Charibes Act 2011 {the 2011 Act). Sn cairying out my
examination I have followed all the applthble Dire¢tKJns given by Ihe Charity Commission under section 14515llbl
of the 2011 Acl.
I have cornpleted my exatnination. I have identified a matter of ￿ncern in my reporl because I have conceffls that
the Charity forwarded 8 £10.000 COVID g¥ant to a trustee's (Mr S MaU(ovid)I personal trading Cornpany Razmalaz
Ltd durin9 the year ended 31MJ412020.
During the year ended 31107r2020. the tharty was repaid £1,344. The remaining balance was repaid ¢Yuring the
year ended 3110712021 Ihrough donations which paid for building expenses for Ihe benelrt of Ihe charity.
I confirm that no other matters have come to my altents.on in conneth.on wth the examination giving me Cause to
believe that in any material respecl..
a￿OUntIng records were nol kept in respect ol Ihe charity as required by sectKJn 386 01 Ihe 2006 Act., or
the finanoal statements do nol accord wrth those ￿cOrdS., or
the financial statements do not cotnpty wlh the a¢countsng requirements of section 396 of the 2008 Act other
than any requirement that Ihe acr￿unts give a bue and fair ¥￿1 which is nol a matter considered as part ol an
independenl examination", or
the Iinancial statements have not been prepared in acwrdance wilh the methods 2nd principles of the
Statement of Recommended Practice lor accounb.ng and repoTting by d￿ritIeS applirable to charities
preparing their acCo￿nts in accordafice wtth Ihe FinaYh(ial Reporting Standard applicable in the UK and
Republic ol Ireland IFRS 1021.
l ¢onfirm that there are no olher matters in connedwJTh wth the exatninatioTr to which attention should be drawn in
this report in order to enable a proper underslandin9 of the fjnanryal Slatements to be reached.
Dominlc Shaw FCCA
Aston Shaw knmiled
Chartered Certified Accouniants
The Union Building. 51-59 Rose Lane
Norwich
Norfolk
NR1 1BY
England
Dated".