REGISTERED COMPANY NUMBER.. 07954848 {England aThJ Wales) REGISTERED CHARITY NUMBER.. 1148555 REGAL TENBURY WELLS CINEMA • ARTS THEATRE Report of the Tntstees and Unaudlted Flnandal Statements for the year ended 3151 Juty 2025 for Regal Tenbury Trust Thome Widgery Accountancy Ltd Chartered Accwntants 2 Wyevale Bus1rS Park Klng5 Acre Hereford Herefordshire HR4 7BS
l Tentr¥J TDJst Ltd Contentsof the Financial Statemer or the Year Ended 31 Jul 215 Rewtofthe Twu5tee5 1 to 9 Indepwdent EX17e5 Rewt 10 Statement of Flnantial Actiities BalarKe Shèet 1Z Cash Fi Statement 13 Note5 to the Cash Fit)w stameTht 14 Notes to the FinarKial Stats 15 to IZ Qetalied state of FttwEKlal ktMtle5 23 tt+ Z4
al Tvtsj Trust Ltd )rt of the Tru5tee5 for the Year Ended 31 20Z5 The trusrees also director5 of the charfty for the wposes of tht CanIeS Act 2LIJ6, preseTrt thelr rewt th the financlal stateNnts of the thartty f¢)r the year ended 31 July 2025. ThÈ have ted the provtslons of Accountlw and RepDrtir4 by Chak1tles.' Statement (rf Recommended Practice a•pllcabie to chariiies prepartn8 thelr accounts in accordance Flnandai RepcrtlrwA Standard applicable In UK and RÈNbilt of treiand (FR5 1) (effective 7 jary 20191. OBjENEs AMD ACTiYmES objtIves and aims Regai ts an art deco cirma ènd thÈ#tre. datity from 1937. and restored the SU1 of the trleritage Lott fund in 2010. The wts 263 curtQTrs aNI a 50 ai $tJio at the rear of the aUdItorf pYovide5 ¢(xTwnunlty faclllttes, meeiing and rehearsal Spe, and sthge5 smaller performatKes. The Regal offers our ¢thinIty flkns. broathasts, lfve music and theatre Ferf0MMeS, comunlty events and pVate functions. We also an aMLMI pantomlme. The ts a thrivlng Theatre S¢hort for chlldren and YOU peorAe and, for athJlts, the ReEal Comnwnlty Theatre fflount5 at least two wo(hxtions a year. al groups the Regal as 8 or meeting space and are prrth to te at the heart of the Tenbjry Welk crm)munlty. The ReEal Tethry Trust is a charitable trust set up In 2Q12 to run the Regai. The purpJ5e of the chatlty, a5 Set ryJt in artlcle four of the artlcies of a5xKiation, 15 to advance tdu¢atlon. understand)8 4)wEtiation of the kn. primarlly not extlu5ively audio visual arts. the beneflt of the P)11C of Worcestershire. Hereford5hire and Shropshlre. The Tru5tee5 have pald due feEard to gLrfd&nce ts5d by thÈ Crity Commisslon In re5FeCt of publlc eflt In deciding what att¢5 tharity 5hryJld undertake. The Re1 theatre Is leased by the Tntst frc4)) Tenry Ton C(uKil. the tyJildirq5 owner. We are hugely grateful for Tthyn Cau115 ongoln8 suN)ort wlth thp frewt demands of the bln8 of thts age and thdr sfvard5hlp of the requlrements of the FAriith"n¢s herfwe status. a stered tharity, 15 taken from thE Trust and any surpluses made are invested back into its atLivitie5. N¢ of thetnjstees recelve any payThent for twr serwice5. Re&al cyerates th 7 5alarfed staff and 12 $t4ff on zero.h)ws contract5. Salaried staff InCIJe the Theatre Director SUFWrted ty part-tlme staff coveAn8 the Tru5Ys Ilnance, mwketln8. èdministratN?n, volunteer £(dInati( ar1 cieat)InÈ. zerfyIrS contracted staff wovidp office s4)port )d bar YJFPOrt. Specla161 wntractors wovlde additillnal aTrJ technfcal prodth)n YJFWt Regal Is SJFPWted by a civnmltted 8roup of vduDteLY5 who perfom key onOnal rcles SLKh as box offi, frwt of htyjse. tlim prujertioTh, 118htkng styjnd, backstage Costur, bèr. sweets and Thhan(se sale5, ushering? and chaperoninB. Thelr coittltrJtlon Is vltal. We would Th)t te able ts+ Vfate Re8al Nyltltht the dedlcated 5WWrt of wrvolurttee Pw1
l Tenbj Trust for the Year ETrJed 31 Jul 215 Our Mfisslon. Vtskn, Value5 stratggk Threctlon In April 2024. the trustees met to establlsh strategic plan for the Rryal for tive 5wrs to 229. The M155hJn. Vlsk)n and Strateglc Prtorftles the trustees set are.. Our mtsslon. as a cultural hth wlthkn TeThb Welts. Is to enrtch Llves of thLe IMnB corrfftjnlty and the rr¢rtmdin£ are. Our 15 to prrNfde the people Ilvln8 In, arthmd or vlsftlNÈ Tenry Wells wFth access to the pwfvrming arts of the hthest (pAllty. offering somethins for everyone tkffough a wde.rangIr4 woyamme of films, broadcasts, high-wallty Ilve Ferforme5, In.hwsewoFk aTrJ cOmffnItY VIty. Our actmyes In 214/215 8uSded by the fw Str•te4ic Priorities ad)pted by the P•rd of Tte¢S in Wl 2024. Strawc prforftles ZOZ+2029 Flnandal suStaInablty. Devetop earned and thated IrKorr styjrces to gJ5talnably cover fwatln% costs and Impro¥ wr talItieS whlist malntalthn8 and bviiding tyjr reserve5. D•v•iop our people: ktske the Ile8al a learnir8 enmTort whre eAJr stsff luntee leel suFwted In £reatln4 quality eYwlerKe fcr custcrnera and vthere yc4m8 Feople can ieam loy and the value of the arts, iK)th as entertalnment as a craft. l)•ry•n urKler1ry of audl¢nce'. Dwetop derstandIng of wr Id1 throuth data and p1Th1 engaeement to enhae ow pmgranwnlry. align ti closely to rAJr CM(ty5 fntere5ts arKI tUre tt contdbute5 to th? finwKial yjstalnablllty of the Regat. 1mISe the prteThtlal of the Re8al as a Cultural Hub: Develop the Regal as a MIXe(1- provlthr4 open actrss to the comunity, mthnE ytIng the Rwl a merntsratrie expthentt kn¢y4m for hl8h 4LHlity pr¢)grammlr4 and sltty fatiliiies. The Board of Twstee5 ts eaSed to repxt proarets agalnst all of thE5e ¢ritie FJThandal SustsinablHty Vthlie are rew)rting a delKit lor Z02412025. our f¢xus bl"ThA su5talnatle flnarKlal stablllty ha5 led lo an Increase In our ¢peratln8 thrwgh sales of rTXSre Ckets and h(gher bar sales. The number of events we stsged lirKludirq theatre, music etcl InCrd from 229 in 202312024 to 261 Sn 2Q2412025. We saw a correswndng Irrease in the number of Uckets sdd of 10%, fr<¥Tr 22,349 in 202312024 to 24.794 In 202412024. Ticket reven IrKre0 by 5% year year. Bar re4enue increased by IQ%. Thls steady 8rowth is exFected to continue in 202512026 and prtrotdes a piatforn for further 8rMh. IrKome ftxvn fund ralslng also 5trth¥ed good pwre55 vhth rKelpt of serrj$ grants frL¥n the Foyle Fr#Jndatlon, Jrford Trysi, the Tumef Trust and hlqlvern Fllis $tr1et CrAJncl. We are aL%¢ ektremely grateful to merrtjers of o CDmnKmty who ClStentIY asre lo donate w6th each tlckei purc1 or drop thange In thè tMKket after enjon8 a Wlth contlThthrrf grDwth In aUdfjer. carelul mana8anert Of Operating Costs and $cesSf fUraT11n%1 we e¥fect to rre closer tr+ breakven in 202512ffl6. The re¢tlpt of a le8acy of £1.(0 In 202312024 allowed the Regal to rep(rt a yrow surplus for that year. iegary has ralned to enable the Trust to malntalTh a mlnlmum level of reser. We ¢oThtlNe to mcnttor ojr re5¢rYe5 carefully to ensure the contlNd fiTrandal thabllfty ol the TN5t. DeN*lop Ir P•opie Pagt 2
Re l TeTh Tt Lid of the Tyiistees for the Year Ended 31 Jul 225 I)JENE$ AND ArnvrrE5 The Regal is oFffited by a small group of lar8ely part.tlme emFloyees led by our full me Theatre Plrector. employees progrnmmin& rnarketlng. financè. ¢tx)rdiftatwn of volunteer5, ¢y¥ani5ing arxl ennI the bthlthrY4 15 clean and reaty for ¢xJr audIen. We also employ staff for bar thjrfng bw pwlod5. l>Jr staffln8 has IrKreased &) thecwrent year as we deveiq) sk(ils across Tole5 and focts on sLeSsion plaming for key rules. Thè Relal can only tyrnte vrith the inVal[e irput of ¥oiurteers who enyjre the sale LyrattrJn of ¢)w theatre and a wam wei¢m for ojr authence5 and artlsts. Ali key areas of the cperntkn are $4)ported by a v¢lvnteer Team Cc#Jrthnator oversedw teams that dperatè Frts)t of House, Bar, Projection, Technical and U5herfn8. OFeratln8 a theatre hostln4 PLJllc eveTht5 15 a corylex undertaklng and the TDJst tskes Its r¢sp¢nslbllltle$ se11ly. Tralnlns Is RI) to all ¥fAunteers to en5we the safe ioeration of the Reyl. We also prrNfide tethnKal tralnlw lor those yJ&wrtlng lfve events and flim proJectloD. Deepen our wthrstsndkng of•ur We aim to put on a prrrarnme that 11 draw enthwa5tic aLhtherKe5 to all ryjr FwfonnatKe5. We ltsten closely to the feedback we recelve and we condurt research cn ticket sales to better WwJerSt what VAII ent¢rt•ln and en8a8e Trjr atel. We are adapttng wr programmi based on w researth and are panI partlcdar attention to proBrammI that 11 wr audlence5 Into the future sh as screenlng of thlidren'5 ff Ims 5thwl hotlday5 and muslc atts geared to rnl¥e the potentlal of thg R1 a5 a CultyJral Hub.. The Regèl 5its at the heart of TentrJrfs ma5n street ITeme St) 8r41 has PrIded a favourite venue for the town and the surroundlig liageS to enjoy great entertalryn•t. ¢JJr the COMMllY ts rftal to U5 and we Ic<l( for every opportunlty th ewre that we ccntribjte to the ttrn's Sla1 and ctural llbdrB. We have seen sixces5ful growth of the Regal Comrywntty 1r. we re4ularly h05t the Tenbjry Town baTrJ and supwt the anNai Christma5 Lithts. Our annual panto 55 a key part of th¢ T¢nbJry Chrbstmas caleThJar and In 214 6,200 people tame to see tsdLthL ol cireT.Ella. For rnany young children, the annua panto Is thelr flrst taste of Ilve theatre can be the startof a Ilfe¢ime's rdatlothlpmth lfve tertaInmeTht. We puu out the stops w mthe It menYJraNe forthem. We are IKreaslngly leoklng for ways to people to the Regal outslde the bulithn8, lrfreaslng access to tt have to offer. In June 2025, we heid the flrst Rega Famlly Fun Day the Burga8e in Tenry. Thi5 Iree to enter eyent btwht together lrfal ¥enthr5 for a thy of gawE5, foc#J Ilve mu51c. It was a¢twded ty over 1(IJO wpie. We HLW began a coilatwatlon wfth Kldderminster CollesE and HerefoTd College of Arts to pde the opwrtunliy for students to grf hands.on eywrKe of staglng a live FerfomarKe. We pian to thls In futLre to offer young people the chance to thelr 5kllb vclunieetfjng and. wtentiallyi a[wleShipS. Pthlk beneflt The tharfty Is a publlc beneflt entfty. The trustees have c(¥npLled wlth thelr Statut thty to have relard to on public efit pub115hed by Chatfjty commissic in decithng vthat aCtit5 the thaklty dvyjld tkltrtake, thwe actlvltle5 are rnade avaliable to putllc. Page 3
l TEntr Tiust Ltd of theTru5tee5 for theyeav Ended 31 21Y15 ACHI[ENTS AND PERFORIMNCE 2024125 Finandal C$v1eW and 0ratIng a small theatre In a rural area 1s challerqlng and we are prDwJ of the PEre55 we have rnade in the last fe years to en9Jre linèr arè rt&ili5ed. The 8ener4xs donatlons we have recewed have helpe( u5 to COne to ¢perate whlle we have re1¢ wr ¥enCeS after enforced £10gJre5 of 2020 to 2022. In 2024125 saw healthy frowth In tyjr audiertts and our ticket r¢went. (hjr potr(Yfj also held Lts wlth ireaSed bar Sales and th donions. The margln 8rated frorn our pr01rammi has shown an over&1 5% 5nueas¢. Rlgorw5 C05t c(rtrcl ha5 tonUnued th c105e mMitorin8 of contracts (xrtgoin85. Ernpl(wrtht Costs have IrKreased with 8d¢thtit¥)al hwe5 to supporttyJ critical maetIng actmtles and ets. A gnIfIt yxcess in 2024125 In delOPl ojr allen for flim. The ItauallCn of ow projector In 4)rM 2024 Ipart fuTrJed by the Malvern LL5 $ttt CourKil Rurtl Fund) has enatrAed Lts to enwre the consistent delivery of hl8h IalItY projEct. Twtful Fwammlng, th attentitiTh pald to the need5 01 the audienc¢ we exp¢tt to atte a glven screenlr4. has led to a 40% increase in ftlm audl&Kes aNI an 18% Incre in our film tkket re¥w¥Je. Careful managnrt of our reiationshlp thttrfbutors and taking opwrtunltle5 to bron the range of flm5 on offer has aLw helped to Increase authefice. We have Contin to Increase audierKe engagerrnt through initiatNes such a5 Throwback Thw>Jays the pTogrwnmlThA tholces are made by alence vote. We h05¢ed the Borderl1 Fllrn Festlval kn Mbrch broadpning the ranie of fllm avam)b to wr audierKe wlth the screenlng ef Welcorr to tordrd of En, ce¢ebratlng orchards theTertsxy area, n8 parttuiarty popJiar. Our toTht?ruJe to attract steady PAJthences. Our Ilve mK alenCeS ckcreased sllthuyi larqely as a result ol the [¢tlC from other lttal venL5 and the deliberate Ii)trrxluctkn ol newer acts that have ie55 estsblished udience5. We c£tINe to c105ely at wr pro8rammln8 to etwre we achieve a mlx of acts that wlll aF to a de spectrum of wr oJ5tomers. The rethjttlon In Ilve mwl¢ sale5 was offset by a C(Men$te increase M live theatre. 11(15 and a i(Kally prcdwed verslon Df Ro3ld Dahl'5 Mald4 drew Italthy audleKes. Clnder.Ella was c4Jr ftK)st xK¢e5sfd paTrtomlme to date Utket sale5 increased by Z3%. The pantc4mlme remaln5 core of the ReRals programmlng and are happy to have Cth5 GamEr and hi5 ratIVe team returnln8 to stage Dkk Whfttkngton lo 2Q5. The Regal Community Treat yoduce5 at least two PrltIOnS a year to the Re441 stage, th a fatAJloJ51y atJW5pheTk ProjtiOn of Arnold Rldws 192Cfs thriller The Gh Traln. Marrf yeat Use of our Stiklio space I October 2024 and Alan Asrkbtyjrn's 'A chD of Disapproval, on the maln stage tr) 14Ar¢h 2025. We aTe prJd of o contlnulny a%yxIaOn th the RCT arTrJ f•r the creatity they brfng tht Rwl. The Regal 5ctrvJl of Creatlve rws weekly for chlidren aTrJ Feople der the dertpJn of Ib£hxd Fox staqes at least two performarKes o )tar In the rnain auditoriwn. Students ieam all a¥ects of wrfoMie frequently co.cre3te thtrlr materlal. Qw fuTrJralnS actItIeS ded 51gnlfl(ant wrport to the Rewal durlng the year. Mahy of ryjr cu5tomer5 c0$e to donotÈ wherver ttry purth8se tlcket5 and when tw atte 3 5h¢M. We aL%o actively Icok to ralse funds frcth Trust5 and Foundatlons. In September 2024, the Regal awarded a Erant by the Foyie FodatIoN of c15,0 towards Jr )erntln8 £05ts. This made a slgnthcant cmtribJti( to supportlrr4 our activitiE5 and we exterJ rJr thanls to the trustee5. We have also cLtInUed to recelve Invaluatle support from K)Ivern Hi115 1"xrlct Coundl vlho have helped u5 host the sÉrond Regal Folk Festival. the Regal Operè Fe5flval have hew us Improve arce55 to our Stwtio. Cher key 5UWters Inci¢Aln8 The Burford Tn15t, the Tumer Tru5l, Mawiw Mllk. Frank hlatthews Ltd recel¥e wr thars. Th15 w0ded a secure base for us to ccntinLE to 07de a vat1ed program capital imprnvets. Thts year saw rettrement ol wr Chalr. Janè Alitn whD had 5eryed 2019 and steeTvd the thrwth the dlffltult years durin8 aThl after the parvJeRMc. The bwd Is grateful to her for hw extmr(linary comltment. After CDmpeikfve pyms, a new chalr, Katy RDEer5, ¥Yas apFointed In Ntsvembtr 2024. Fbwever. due to eXpected commltrnents, Katy tendered her re51gnation in Wl 2025 aNI the Dewrty Chair, JarEt ChaF41)an, steFped up as terfm Chair ol Ih? board. A furtlr k¥oce5S to lthtlfy a new Chalr VAII be run in 6. We als(p saw three trustees retlre from the board and in Je 2025 a pr0¢e55 to recwuit their replacemth)ts was laLmched. Arp?Tntrts are e)Cted to be made In SeptemLEr 2025. PaEe4
alTer Trust Ltd crt of the Trustees for theyear Enthd 11 2025 We are very aware of the prMle8e of OFeratlng Irorn beauyful Uatre and are hugely grateful to Lur landlord, Ihe Tenbjry Tu4n Cwnc. for t partnership ensuring the Regal tan remain own. 0[78 rna1ntenae of tl bulldlng reqthres res0JrS frorn both the Trt and the Tenbjry Town c71 and this Is often th)Ilewn8. herltsge statLL4 ol the blthnI reqre5 that all repairs are done carefully and in keeplng vrith Its status. MAJor repalr5 to the roof were card out In July and A$t 2025 and repairs to the took place In July Z025. thanks are extended to the Tenry T0wTh Cwncii forertsuring the 5ucce551ul completion of thls h FINANCLIL REVIEW FIfiaal po51tlon The rèwlts for the year sFx)w net exFenditure of E31,B97 Q024.' net IrKome £94.1651. Income d¥crea5ed from C631,1)99 In Z024 to 1558.067 aTrJ expendlture IrKread from E536.934 In 2024 to [589,934. The fall of 173.032 iTh IKome iene¢ts the exceptfonal £ICQ,(I)) leiacy recelved In the Z024 flnarl year, partly offset IrKrease In tlck¢¢ sales and other I0. Net assets anwrtsd to (70,23412024: É102,1321. At the sheet Oate the NBV of ftsed assets was (70,48012024.. £83.0391. Res•rve5 pK4Icy The reserves policy aim5 for the charity to hold free reserve5 In unre5trfcted fmts to a level that equates to a mlnlmum ol four m(th5 total annual expendlture, or £1.[A), of thlth o¥erhead5 are CIKJ.(K¥). The ttee5 con¢jer that this level wlll fLmd5 a¥aliètAe to c(ver stafhng and o¥rtEad costs In tl methum term. At year end the chatlty had Unrtred resetwes of £65,235 Q024.. £11YI,1321 . A de5i8nated reserve of £5,¢lJl has been created 05 a rewlt of Ilmlt8tilX15 on our irfjurance aga$t flotidingtr see further detalis In thp t£S to the finandal stataments. At the yearer¥J thecharttyhad watfve fr reserves of £Z4512024.' £19,093>. s of 31st of July 2025. the resebves th) meet the reqrtMent of fo mnths eX4JenthW and decreased nts 31st July 2024. The £thtiwln4 Improvements in Lperatkffial reverwe In 202412025 8fve5 the Trustees Intre45ed conf1the In thè Ongolng cyeraiions of the Reg41 and the athllty to 8•)erate 5rnall sury>iuses ln the futwe. Hthvever. theTru5tees rKo8nise that thvTru5tcontinues to operatEwith re5erYe5 below the wefeNed FUWRE PLANS The Regal has establIsd a Set of Strategfc prf(E$ for the yeaTS 2024-2029 that are set J¢ on page 2. We have also e5tabllshed a b[rsS plan for 2025.2027 that prioriteS two a5PECts of ow chthtabie wrpose: We wfjll co)1lni ro devetcp prt4r•Trffiry to appeal to 8 whjè audyence th area to thKreaskn8ly draw aTere$ from lurther afkld to enjoy a nlght out kn Terljwy at ojr tatre. gxcess In 8rwT our authents fjll alithv the contlwed ¢tywildation of our ftnarthl pstiOn. The Regal 15 an important part of the Tenb camnnItY and we 11 IncreasÈ (xjr tomrTxJnlty enqa8eNnt throu¥h the deVelcprt of prarnTr for 16. to 21-year.oids incluthnq tralnlns In e1Tnn¥ the rrf¢my rt5 as weil as prtrwdmmln8 thsl8ned to eiKoufdge th15 age group io cciY to the thea. STRIKTURE. GOVERWICEAND IA4NAGE fvernI1 document The chadty 15 controlled by lts fovernME documeni. a deed of tnJ5t, and ccd)Siituie5 0 limited compary. 1lmlt¢d by 8uar4ntee, as deflned by the Compan6es Act 2Cth. Page 5
lTeDj TnJst Ltd of theTru51ee5 for the Year Ended 31 2025 Charfty constltu¥on The Reqal Tenbjry Trust Lknlted ts a thtsritabit tixnp)y Ilmited by guarantee goverd by it5 Vemorandum and Artlcles of Assoclatlon dated 17th February 2012. 15 reglrtered a5 a tharity wlth the Charity C(xmmtssioi. EN mether of the d)artty prtynise5, 11 the charity 15 di5501ved while he or she or it 15 a rnernr or ¥ithin twelve nyjnths after he or she or it ceases to be a member. to contrlbute gxh Inot eK(eedlng É101 as may be +J¢))anded of hlm or her or it trhyards the pa5ynt of the debts and liabilftles of the Charity inturred befwe he or She or it cea5e5 to be a member. and of the costs chargts and expenses of up. arKI the adliistment of the dghts of the Idbutorte5 arrnng themseiNts. Trwstees are recrnited thh advertlsing and Idenfied thrrAryh l((al nelnI aTrJ prlor to apwlntment are Inrfted for mtrng50r Interviews invOlrTr1tee$. stall. volunteer represet)tstlves a)d The Board was supwted by four sU0ttee5 durfng the year. FlnarKe, Facflltles, Fundrnlslng and HR & Voiunteerk The Board keeps its govemance 3rranllnts unthr annual rerfew to ersgjre the scope of the w10mMIttee titieS provth the best support f the Trusts objectfves. (tton and tralnfjn#rf new trustt5 Tntst¢e5 are Introduced to the Regal's OFeraiioos and strLKwre aTrd brlefed thelr leKal Lll1aOn$ urbyer charity * conyany law. They are ail Invlied to partKipJte by Joini the Boordb 5ubKonwnfttees are exFected io become Involved thrtyjqrt year. manageTht r•mLThratlon RemuneratlDn of the Theatre reCrllr Is pror&sed W the Chalr aFprwd by the FiMKe Commlttee. Her remuneratlon 15 e5tab115hed thrgh bencFnarklng of slmliarorganlsatkns annualEy. REFERENCE A14D ADWNi¥fRATIVE PETAIL5 stered Company rwjmber 07954848 IEn8lathl •nd Wale51 st¢r¢d Ch*ity nber 1148555 Retered offke 47- 49 Tame street Tentyjry Wells Worce5ter5hire wR15E Page 6
l Tertbu Tntsi Ltd of the Trusrees for Year Ended 31 Jul 2025 hlr J Brethert+2n hls J Chapffrn IlntÈrim Chali from 7.4.251 Ms R Cc<kett Ms M Evans M5 D Fletcher (resi 7.4.251 MrMFox Mr P HJie ffnJ5t& Treayxerl lapwlnted 1.8.241 Mr J Leaman Ms J Porter If2fte 7.4.251 hlr K Rogers I Chalr frc4)) 13.11.24 to 7.4.251 IreslRned 7.4.251 A Smee Als J Alien (Chalr uotll 13.11.241 Ire518ned 13.11.241 hlr A tnnant (trieTTe3sWer untll 1.8.241 Ireslined 1.8.241 DrA English th'rertor Ire51gned 5.12.241 Mr L Clarke D¥ectu Iresi8ned 19.9.241 H Giliard 14ppoinlel 5.10.251 As of the 13th NOrnber 2024 Ms Jane Allen re5igTd as Chalr on the appolntment of M5 Katy Rogers. Ms Rogers res1 a5 Chair on 7th 4¢ri12025 and the Board Janet Chawan IDewty Cha1rl to serve as the Interim Chair. Senlor Mana¥emert K Grenfeil- Theatre rettor IntrTrdent EXamIr La Weaver FC(A ThornewdgeryAlntslKy Ltd Chartered Accountants 2 Wyeyale BlneSS Pg4rk Klngs Acre Hereford Hereford5hlre HR4 7BS Pa8e 7
TenNJ Trust Lt of the Trustees for the Year Entw 31 JUL 2025 FERENCE ANISTRATIvE DrrAILS Bankers 1 Balloon Street Ilanchester, M4 48E Aldermre Bank pex Plaza ForbJry Road ReIng, RG11 STATEME1 OF TrUSTEES' RESP(IN51BILmES The trustees IwtrK) are also the directors of Reeal Tentrry Trt Ltd fw the purp05e5 of company Lawl are reSpIbLe for pyeparfng thE Rewt of the Tru5tee5 flnanclal StateM¢ts In accrxdarKe appllotrAe law and Unlted Klngdom AccouThtlry Standards IUThitrd Klnfvn GenErally Accepted pratt1. Page 8
Tnxt Ltd rt of the Trustees for Year Ended 31 Jui 2025 srATEMENT OF TRU5TEES' RESPON51BLmES. £ined Company law reqre5 tru5tee5 to prepare linartdal stat¢Nnts for each flnanthal year. Under that law, the trustees have elected to prepare finarKial Statements in accordan ith United KinKdm Genernlly cepted AccoLmtln% PrnrtI Iunlted Klngth)m Accountlng Standard5 aTrJ appllcable lawl. Lknthr company law the tDJ5tees must Th)t apwovÈ the flnanclal statements arè sèttsfled that they true and lay eW of rhe Sta of affalrs of the chtable CL¥Y and of the rKomin8 reslee5 and appilcatfon of resowce5, Includlry the (oMe and expenditure. of the tritable company for that perfod. In prepthne tIe fthanclal stateffThts. the trleeS are reqre to select sultabie accJJThtin8 policie5 and then arvky them c0rn5tst•)tly, observe the mptws and prirK¥)les the charte$ SORP: make Judg)nts aThJ estimates that are reasoname and prudent. wewe the flnanclal Statem15 on the 8oin8 cofKern basis unless il is inaFprcpriate to pUrne that the charitable conyany [1 coThtiNe in troj51$. The trUse5 I responslbte for keeplrffj prcw aCcling records whkn dtstlose with reasonable accurncy at ?Y ttme flnancoal p)51tlon of the charftablè ccmpany and to enable them ensure that the finarKlal staterrnts t¢)mply with the Cory)anles Att 2Q06. Try are alg) responsible for saftwardlni ol the chthtatth compajv and bence fortthw reasoAabie steps for the preventicffl and thtection of arKI other irrt4ui8rft*s. bDard of t[{tee$ on .. . and 5i8ned on Its tehalf by.. Pa8e 9
Inde dent Examinerfs Re l Ten Trust Lt to theTrLsiees of nd•rt examlner¥ rept to the trustees of RegaiTenburyTrust Ltd I'the Company) I report to the charrty trustee5 my ex3minatirffi of the accounts of C¢J))pany for the year ended 31 JY 2025. Rasp)nll111•% and ba51s of repwt As the Chty$ tnjstees of the Ccthwy la1 #150 Its thrKtor5 for the pwpose5 of compw lawl yw are re5FY1bie for the yeparatlon of the accounts in accoTdance %ith reqwrerrthts of the C(thpanies Act 20L% (the Act'i. Having ytTsfied myself that the accounts of the Company are not reqvired to be Judited under Part 16 of the 2006 Act and are elryibie for Independent exarnlnatlon. I report In respÈtt of my examinatlon of ytrJr chthws xcwnts a5 carried out under Seciion 145 of the Chart¢ie5 Act 2011 Ithe 2011 Act?. In carryin8 Wt my examIna I h foli¢)wed the DwertioThs wven bythe Charity Commfjss1c under Sectlon 145151 Ibl of the ZQ11 Att. IndeeTht examin•rf5 5tat•m•rtt. matter5 of corKern IdentEfSed Slnce ytyJr tharltls gross Income exceeded £250,tm your examlner mLEt be a member of a listed boty. I can cothflmi that l am 011fIed to undertake the eXamInat betause l am J meffir of the A5soaatJTh of Chartered Certlfled AcCtants. whlth Is ce of the ltsted btrYle5. I have ¢omleted my exwnlnatkn. We draw allentlon to thÈ Statement of FinarKi&l Activ6tle5 in the Itnandal statemeiits. ¥¥hith indi¢ates that the tharitatth tohpany irKurred net expenthture of £31,897 durifiy the year eTthI 11 lY 2025, wlth the net current Ilabllldes of [245 at the l)aiarKe Sheet date. Furttrr det31ts are stated kn the acuuntlng rdkie5 under "pjthg thjr opink)n ts mothfied In respert gf th15 matter. I conflTm that no other mattets have c(¥r to my attentiDn in corWCl wlth the examlnatlon gmng me reasahabie tau5e to believe that In any matedal respeci.. accowtlng records Mt kept in re5PPCt of the C(ryany as requlred by Sectkn 386 of the ILt' or the accowts do not accord th)5e records: or the accounts do not c(Mnply wlth accLyJntirq requirernent5 of 5ectlm 396 01 the oty%r than any reqLrirernent that the accounts gfve a tnje falr vlew vthkh is not a matter consldered as part of an IN1epÈrtht examination., and the acfflts have Mt W prep In a¢cordarKe the methtsJ5 aThJ prtnclfv of the Statement of ReccrnThnded Pracll for accrMmtin8 and rewfjn8 by Charfe5 lopplltabie to tharities preparin8 thar ac¢ount5 iTh acccfdarKe with the FInal1 RepurtirY4 Standard appllcaile in the UK and Reputrllc of Ireland IFRS I coThflrm that thefe are Th) other m&tera to thlth ywr attentloTh shtyjid be dra%n to en•le a prwr MIerSthr4 of the t£tots to be Ched. Mr5 Lisa Weaver FC(A The Asscdatlon ofclwtered Certlfw Accrortants Thtyne WltrryAcCoIancY Ltd Chartered kcountsnts 2 Wyevale nesS Pat* Kings kie reford refordthire HR4 785 Date- ... Page 10
TentrAJ Trust Ltd tatement of Flnanctsl ACtieS forthe ed 31 Jul trL5 31.7.25 Total fvnds 31.7.24 Total Unr¢strtcted Re5trtted funds fund )tss INCO AI4D ENDOWMENTS FROM Dmations and le8acies 73.980 81,510 173.468 Chatable &tMt5 Cinematic, TheatriLal & Art5 entertalnment 463,424 463.424 Othw tra¢thry activiiie5 11,294 1,839 11,294 1.839 9.463 To1 550,537 7,530 558.¢Y)7 631.099 ÈXPENDrruRE ON Charllable actlTrrttles Cinernatt. The8thcal & Art5 entertalMnt 583.934 6,030 589.964 536,934 NEr ttKI)IlEIIEXPENDITUREI 133,3971 131,8971 94,165 Tran5fer5 between fuTrJs 17 11.5LKII FIEt rrwemert In funds 131,B971 131,8971 94,165 RECONCILLITION OF FUND5 Total fund5 broht forward 102,132 Iiri,1f2 7,967 TOTAL FUNDS CAiRIED FORWARD 70,235 70.235 102,132 The N)te5 fLYm part oftlw fk)anthal staterr*nts Page 11
al Tentyj Trust Ltd 8alarte Stret 31 Jul 25 31.7.25 31.7.24 Notes FIXED ASSErs TanOblt assets 12 83.Q39 CURR ASSErs Stocks 13 14 3,849 14.1 106,gJ6 2,473 34,795 97,689 Cash at bank and kn 125.356 1J4,957 CREDITCrfIS Ants falllng d( wlthln y 15 I125,(1> 1115,8641 12451 19,ClJ3 TOTALA55Efs LESS CURRENT LLIBIUTIES 70,235 102,132 70.235 102.132 FUNDS Unrestrfeted funds 17 70,235 11r£.132 TOTAL FUNDS 70,235 102.132 The tharltable Crthy 1$ entltled to exemptknn tr autht under Seetloh 477 of the Compjhles Act I6 for the year erthd 31 2025. Tre meffthr5 have not requlred the corry)any to obtaln an avdlt of its fln8ndal statement5 for the ended 31 July 2025 In accordarKe wlth SettSTh1476 of the Companfe5 Act 2(Q6. Tf tntstees aCkr¥[edge thelr reSp)lbo1je5 fc ensurin8 that the tharftabie company keep5 XCOLntiw record5 that comply with 5ecticfi5 386 and 387 of the CompaTTrie5 Act 21Xb and preparfng flnandal staterntnts which wve a true ar falr of the state of affair5 of the tharliabie ccffipBny as at the end of exh flnaKtsI year and of fts Sutplus or t11 for each flnaxlal year In atcordance wlth thÈ reqrernents of Sectknns 394 and 395 arkl whkh OtheSe comply the requlreftvts of the Companle5 £t 2LW relatin¥ to knarKial staternents. so far as aFpiKable to the charftatle ccTrpany. Ibl These ftTal statements have been prepared in xcrydance wlth the prov151 ar4ylltabie to ChtsbLe crAnpanie5 bJe£t to IlK& Small companies rwrre. The firor 1 statements were apwoved by tht Bc4ird of Trustees and auth0ri5ed for i55up on MEre 518ned cn Its trelwlf by.. Pn- Trust The note5 fc partof the*fiianaal State[nts Page 12
or the Year Ended 31 Jul 2 31.7.25 31.7.24 Notes Cash gerated fmm operatlor 12,438 75,rL3 Net cash byopera¢irB acte5 12,418 75.T13 Purthase of tangible fixed assets Interest rKelved 15,0601 1.839 146,5651 Net cash wed In thye511 7MtS 13.2Z11 144,6691 Chanp In tash and ush •whTalents In the rèportin4 PTlod Cash and tash •(pfval•rts atthe bfflnnlr8of the reportlw perd 9.217 31.054 97,689 66,635 Cash and cash e¢wlvalerts •ttheend of thtr reportlnqpwlod iC6.906 notes fcffm p¥tof these fknanclal $tatemtnts P4e 13
Re ITentr¥J Tru5tLtd Note$ to the C•th Fstatement forthe Yèar Ered 31 thjl 2025 RECONCILLITION OF IEXPEF4)rrupE)nNCOME TO CASH FLOW FROM OPERATING AcnvmES 31.7.25 31.7.24 Net {exPdItuTell1rKrffj& far the repwthg pertod la5 ppr the StateWt ol Flnanclal Actit$1 Adlu5tmentsfor: Depretiatkn charges Interert rèceived IrKrease In st¢¢ks Decreaselllncreal In debtors IrKreasellde¢reasel In creditors 131,8971 94.165 17.619 11,8391 11,3761 2Q,194 9,737 17.4C¢] 11,8961 18551 P7.6431 15,4481 12,438 75,n3 ANALY515 OF CHANGES 14 FUNDS At 1.8.24 C45h thy At 31.7.25 Net cash Cash at bank and in 97,689 9,217 1,9c 9,217 1Q6, Totsl 9,217 106.9C6 The N)tes fcvm partof thefinanciai statements Page 14
Tenbj TrLtst Ltd or the Year ETrJed 31 Jul 2025 ACCOU11NG POLICIES Basts of preparlrvJ the flnantial ststements The flnanthl 5tètwnents of the charltable cy. whkh 15 a public lefit entSty der FRS 102. haye prepared In accordaKe wlth the (ritIeS )RP IFRS 1021 'AttthJnttng aNI Repwtin8 by Charities.. Statement of Recommended Practltr applicable to charities Prepane thelr acc¢u)ts IN accordance th the Firwidal Standard 4pplicabie in the UK aThd Rewblic of Ireland IFRS 1021 leffectiye 1 Jar¥Jary 20191,, Flnanclal Rep)rtlng Standard 102 The Flnandal Reptrtlns Standard applicable in the UK and RewNic of Ireland aTrJ the Ccmpanles kt IC. The financial staternents been prepared dtrr thtr htstorical c05t The ttee5 a$5e5s vlhether the use cl golng concern Is aprxwiate l.e. wh?r th¥e are aTW rroterfai urKertalntles reiatsd to eYent$ or condltlons that rnay c35t en1cat dryjbt on the ability of the company to cth)tlnuè as a goln8 t¢yit¢m. The trustees makÈ this as5esynent in respect of a pet1od of at least year from the date Of authodsatlon for 15sup of the flnanclal statents have cMtltsdÈd that ¢tyhpany has adequate reSrS to continue in 4)peratfjonal existence for the foreseee futwe and there are no material Lttertah)tles about the ¢harlty's ablllty to ContIr as a golng concern, thl tw conilryje adcpt wloB ttfflcern basis of Cting in preparing financ1 st)tements. As of 31st of July 20Z5, the reseNes do Th)t meet re¢TeM of four nYJnth5' expenthture and have iknreased slrKe 31st July 2024. The wntlnulTr4 Improvements In cperatfr)n41 reven In Z02412025 e5 Trustees Increased £cmfldeTKe kn the ot4olng opeil0n$ of the Reqal aTrJ the ability to generate small 5urpiu5e5 in the fuuwe. trb)wever, the Trustees reco8nlse that the Tru51 ContIn w operate Mth 5YeS iowthe preferred Minim. kntome ts ietogty)Ised when the coryany ts legally entltled to It after any WomwKe conthtlon5 been met, the arrts can be measthEd reliably an¢J It Is prob3bie thai Income wfll be recelved. Cash dLX)atfens are recoBTrlsed cfi recelpt. Other dOnaC5 are recognfsed ¢XKe the ¢ompany hos teen Th)tified of thé d(fftatlon. unless wlorff44n¢e tditiOnS rewire deferral of the nowt. Iorne tax retover•ble in rdation to donotions recewed undef Glft Atd or deed5 of covenant Is recognlsed uwi recelpt. Le8xie5 are rtrogni5ed on recelpt cf otheM5e If the cc4np3ny has rKJtlfiel of an ImpIng d15tslbutl1, the amtyjni Is known, arx1 re¢elpt ts expected. kncome that Is recefved In advance of 8 belmE delivered 15 reco8nised in the accoLrtin8 period in which the prfyluctlonl fllm is showTh. Grant irKorf Is recognlsed kn the accoLrVI pekfjod In whlth It Is recelved unless performance condltlons requlre deferral of thÈ aNthnt. E¥p¢ndlWre Llablllttes are reco8nlsed as Èxpendlture as SrI a5 th2re is a Legal or constructl¥e cbligation commlttlng the chatfjty to that ewthture, 1¢ 15 Pfrt)aN¢ that a tranrfer of ec0M benefits I11 be reothred In seitiement the awKMJTht ol the cbll8atfjM caTh be measured rellably. ExthIre is accrAJnted for on an accnIa b35iS ha5 bew (la55rli1 urthr FEadlry that ag8regate al cost related to the category. wre cosrs cann( be directly attributed to partlcLlar headkn85 tw ve teD ailttated to 4thikne5 rffi a ba515 (SIStent with the Use of relCeS. Tanwble Ilxed assets Deprrflatlm ts caiwlated to wrlte off the cost of au ftsed assets over thelr estknated ifve The rate5 In are as follows.. Plant & machlnery xtures & flitlngs ComtxrtereryJl)ment ZO% redutlng balance 2(¥X reducing balan 20% reducirq balance St¢Kks Stsxks are vJiued Jt the of cort oTrJ net reallsatrle ¥aiue. after maklng allthYaKe for obsolete slow mrNSng Items. PaEt 15
Re l Tenbj TnJ5t Ltd Notes to the Flnbndal 5tateri)ts. CCll1d for the Year ETrled 31 2025 ACCOU1ING POLKIES- contfjnued The charity15 exempt from tax Its charltabie actMtle5. accountln8 Unrestrf¢ied furKts can be In èteordarte the thatable objeeti¥es )t the dlscreweffi of Injstee RestrTCted fd5 (an only be used for particular restricted purF#J5es vrithin obiects of the tharlty. Restrtctk)ns afftsewhen speclffjed ty the donor or wn funds are ratsed for partlcular rerfcthd purF05e5. Furthw explhnation of the nature ènd ol each fthd is included In the Th)tes to the fknarKlal statements. Pensknn costs and other k)5t-retlrement benefits The Chatable ¢tnP8ny fwates a dÈfined coniibutlrm peth)n stheme. Ccntrtbutlorffj pale to the chthtable company's Fnon xheme are chty to the Staternent of FlnaTKlal tIvItIeS In the to whkh they ieiate. Trade and other ¢torS are recwlsed at the settlement arrKMnt due. Cash at bank Cash at bk and In hthd Includes cash short term hl8hly Ilqukl InveStn5 wlth a th)rt rnatwity of three rrthths or le55 fr the date of OFenlr@ of the deposit or MIlar aCcOlt. Credltors credit and rectynised where thE trrtY ha5 a te5ent cl)IIEatfth) resultfng (rom a past event that villl probably re5uIL the transfer of fund5 to a thfrd party and the ¥Lt due to settle the obilgatfjon can be measured Qr eSrrted iellly. Credltor5 and priwlslDThs are rInallY recogn15ed at thelr setrlernent arrrfjt. DWTbJNS AND LEGACIES 31.7.25 31.7.24 Total funds iknre5trlcted Re5trfc fund% fdI funds Dcffjatior Gifi aid 15,277 2,619 15,277 2.619 9,744 Grar Regal membershlp ItK¢xr 53,951 2.133 61,481 2.133 60,934 73,9 7,530 81,510 173,468 Pagé 16 tINJed...
for the Year Ended 31 Jul 2WLS DC4ATIONS AND LEGACIES. ntInUed Grants recei¥ed. Included In thp aik)ve, •re as folirpw5: 31.7.ZS 31.7.24 Mjlvern Hills fhstrict (J1¢ Grants Worcester County (ounol Burford Tnjsi Tur TnJ5t Thèatre Tax Credit 8,434 26,8Z3 27,127 14,051 11.OJ) Foyle FdatI TenbTOWn Coundl Worcs CC Holidays £tfvittes and Frod Prograrn grant 15,OWI 3,420 61,481 é0.934 OThER ACTMTIES J1.7.25 Totsi fwd$ 31.7.24 Totsl fldS unreStrted Restrfcted lunds fund5 hrthandise income A¢fvertlsln8 Inc¢ 1.471 1,471 9,823 8,597 11,294 11.294 ESTMEif INCO 31.7.25 Total fLmds 31.7.24 Total funds fund5 fund5 Derii acc1)t interest 1,839 1,839 1,896 INCOME FROftA CfriIRrrABLE ACnVITIES 31.7.25 31.7.24 Actlytty ClnÉ4Mtk. Tlwtrical & Art5 entertainment Clneffotk, Tratrfcal & Arts entttlnrnl Ciner(otK, Theairfcal & Arts entertainrrEnt ClnÉnatk. Tthlrfcal & Arts entertalnrrEnt Flim Lfve show5 BroaLtasts Bc#Jknng fee5 Theatre cc¢np3Thy ilckers 5ubxription incame Regal Sch1 ot Creatlve Art5 ticket and subscrtptls 17,638 276,137 9.207 49.713 23,627 274,025 9.158 37,894 ClnernitlE, Theatrkal & Arts enterta[rL 10,764 15,248 Ctr)mitt¢, Theatrlcal & Arts ffitertah)ment Ctr*rThitic, Theatrical & Arts entertalnment Cknernatic, Trattkal & Arts thtertalhment 7,929 8.117 68.732 Studlo and thE4tse hire Bar IncLvr Schjol. hollday clubs, )rk%h(y5 and sknlar 5,321 63,883 Clnmtk, TratrKal & Arts tertaInmÈrtt 5,187 8.554 463.424 446,2n Page 17
Re l Tenbu Trust Ltd es to the FinarKial Statements - CtInued for the Year Ended 31 jul2025 CHARtTABLE ACTivmES cosrs Suppyt costs (see rKJie 71 rect Costs Totals Cinematlc, Theatrical & Arts entertainment 326,965 262,999 589,964 SUPPORT cosrs Other Cinematk. Theatrfcal & kn entertainment 262,999 INC(WIExPENDuREl Net Incomellexpenditure} 15 stated after chargingll¢redltlngl: 31.7.25 31.7.24 Depreciatlon. owrRd a55ets 17,619 15,414 TRU5fEES' REIAUNERATION AND BENEFrrs There were r¥J trustees reMUrtIon or other tenefits for star ended 31 July 225 f(¥ the year aKled 31 July 2024. Trustee expenses of £515 {2024: 3421 were relmbjrsed to 1 12024: 11 trust the year In reiatfon to travel cost 10. STAFF cosrs 31.7.25 31.7.24 Wage5 and 5alarfe5 Social security costs Other penSiC ¢t5 f52.069 3,063 2.293 115,469 2,368 2,030 157,425 119,867 The total aTrnt of etyyioyee beneflts of k6y managemeni Fer4)nnel of the twst were £XI,248 121rd4: E39,1121. The average tYty numter of employees duth4 the year was as follows.. 31.7.25 31.7.24 10 Theatre 16 15 No emplo5ees recewed eThAurrents in excess of £60,((O. Paqe 18
al Tenbu Tntst Ltd for the Year Ended 31 JLé 2025 CQWAR4MVES FOR THE STATEME1 OF FINANCi4L ACTIV Unresth¢ted Restritted fund5 Total funds IIKOK AND ENDOWMENTS FROM Dwtlms and iegathe5 137.583 35.885 173,468 Charftl¢ a¢ilvlil¢s Cknematlc. TWrtc)l & kn entertaiMnt 446,2TI 446,zn OtFEr tradin8 actmtles rmènt I 9.463 1,896 T•t41 595.214 3S,885 631,099 EYPENDrfuREON Charitable artivitie5 Clnematlc. Theattfjcal & Arts entertalnment 536.934 536.934 NEf IKOIAE Transfers fd5 58, 35,885 35,885 135,8851 94,165 94.165 94.165 RECONCIUATION OF FLINDS Total fund5 bruht lorwar 7,967 7,967 TOTAL FUNDS CAKRIEP FORWARD 102,132 102,132 11 TANGIBLE FfxED A55Ers Flxtures Plont fittin45 equipment Trta15 COST At 1 2024 Adtht1cS 117.332 3,617 9,52S 9,613 136,470 At 31 July 2025 120,949 10,968 9,613 141,530 DEPRECWnON At 1 August 2024 43,926 15.4)4 4,38Z 1,317 5,1Z3 53.431 17,619 At 31 JY 20Z5 59,330 5.699 6,021 71.L150 BWKVALUE At 31 July 2025 61.619 5,269 3.592 At 31 July 224 73.4X 5,143 4.490 83,039 Page 19
Re l Ten Trust Ltd Nots5 to the Flnatxlal tatenrtS. c£Tred or the Year Ended 31 Jul 225 13. 31.7.25 Jl.7.24 Sti 3.849 2.473 14. DEBTOPS: AAIOUNTS FALUNG DUE WITMN ONE YEaR 31.7.25 31.7.24 Trade debt$ Other debtors VAT Prepaywnts Deferred exp¢rKMturt 592 3.420 1,647 21.385 1.693 8.663 9.481 14,601 34.795 15. CREDITOPS: AMOUNTS FALLING DiEIVTtHIN ONE YEAR 31.7.25 31.7.Z4 Trade credfto al ¥ffurity and othw tues VAT lTrher crethtors Penslons UnredeeTrd 8llt v Third party hfrer5 26,Q80 5,963 31,551 990 12,665 504 4,787 7,387 9,B81 55,786 5,2J7 3.719 517 6.019 67,371 125,601 115.8é4 Income that 15 receiYl In ad of a roductitffl i fibn I hlre IIKO belr4 deil¥ered Is deferred. The ir015 rrlea5ed durfn8 the xcountlng Ythen the prcojctlw l film I hlre IrK¢¥Y Is thiivered. 16. ANALYSB OF Assrfs BThEEN Fuk 31.7.Z5 Total lund5 31.7.24 Total funds Unrestricted fund Ffjxed assets CLNent assets Currenl Iia)tllties 7Q,480 125,356 1125.6011 83.039 134.957 125,356 11Z5.6011 70,235 70,235 102.132 Prfe 20 tènt1nd...
the Fina or the Year EThJed 31 225 WKIVEMENT IN FUNDS Transfers betw&n At 31.7.25 At 1.8.24 in fuThJ5 Unre#rfct¢d funds Gerffil fund Ir6urnnts ReseNe 1WL,132 133,3971 13,5ts)1 65,235 102,132 133,3971 7Q.235 R•StrIrt fund5 Restmcted 102,132 131.8971 70.235 nh)vement In fvnds. lrtlthled In thè abe are as follo. In funds UnreStcted funds General 550,537 1583,9341 133,3971 Restrlcted 7,530 16.0301 TOTAL FUNDS 55B,067 1589,9641 131,8971 Coryatfv lor moY•mentln fur$ Twan5fets At 31.7.24 At 1.3.23 fLnd5 funÉts Unrestrlcttd funds r*wal fund 7,%7 35.885 11ri,132 Re51rlcied fund5 Restrlcted 35.885 135,8851 TOTAL FUNDS 7,967 94,165 102,13Z Pap 21
Tnist Ltd Note5 to the Flna I Slatern¢ryts- tontln forthe Year Ended 31 Jul 225 IA0vEMEF IN fUNDS.cMtknued Comparative net mLwenrt In funds, Included In thè atthe are a5 fdLw'. Irthnln8 Resources Mo¥emenl ln fund5 Ures¢ritt•d fund5 General fund 595,214 1536,9341 58,280 ReStriCd fund5 Resthcted 35.885 35,885 TOTAL F1Tr4DS 631.099 1536.9341 94.165 fjral fLThIs General I1$ can be Used th ac¢tydafKe the Chthtle cJloctive5 at the discretion d the trLLstses. A deslgnated reserye of É5.C¥J) has bew created os a reyjlt of Ifmftstiuns our insurae aqalrtst fl¢>>Jlr4. A ew of wr Irae resulted In a decrease in premlum of approxknateiy the armwt of the reserve, thlch VAII be chged any costs Incurred 85 a result of Iloodin8 whlch wtsjid In the wt l¥ave given rf5e io an At the year end a transfer of £1,500 was made frcth restkfjtted fuTrJ5 to the fuThJ to #tUnt to re5trtcted furn15 allated to flxed a5S¢t addltlcms. EMPLOYEE BENEFIT OBLIGAmOM5 The Company cperates a deflned ¢mtributlcfi $10ft srne for all quallfWng employees. The assets of the he are heid separdtely frn thxe of the CrpanY ITh an inthperklently admln15tered fvTrJ. The chargÈ to SOFA In re5Fert of defined contrlbutkjn sthemes was E2,Z93I224. £2.0301 19. RELATED PARTY DISCLOSURES There were related party transactions for the eThJed 31 Juty 2WI5. Page 22
Re l TentrAJ Twst Ltd Detsiled 5tatetYnt of FInala1 ktfvfiies for the Year EThJed 31 Jul 2025 31.7.25 31.7.24 INCOK AND ENDOWMENTS Dona$ G1ft a 75.277 2,619 9.744 11]O,tM]o 60,934 Grants Re1 frfend nmbershfp Inc 61,481 2.133 81,510 173,468 Merch•)dise IrLome Ad¥èrti5illR TrKome 1.471 9,823 8.597 11,294 9,463 Inyestmentlncomè Deposit arc¢ irtsrest 1,839 Charttable acliviii25 Fllm Uve shows Broadcasts BeonE fee5 Theatre company tkkets wbxrfptlon fjrKo Re8al khooi of Creatl¥e Arts tltket and sub5crlptlC Incorr StL4110 and theatre hire Bar Incorne s1, hrlidayclut6. ththop5and sirnliar 27.638 276,137 21,627 274,025 9.158 37,894 49,713 10,764 15,248 7,9Z9 ,117 66.732 5,187 5.321 63,863 8,554 463,424 446,2TI Toi41 IrKomlrty reswrees 558,(*7 631,099 nitn Llve thows Bma(kast Theatre companyexFendltwe Regal sch1 of creative arts exFthlitiJre Other prOducUC exFendlture Bar eKpendlture AdVerSIng and costs Box offke software cost3 Licences Cartw f¢xward 12,316 220.OYL 4.232 7,767 5,935 11,171 218,333 4,045 4,519 7.941 3,253 28,729 14.671 12,232 30,361 14,824 13,049 829 309,345 Thos pap thes Thjt fomi part of the stat(rttry finaKial stalets Paffe 23
R al Tenbu Trt Ltd Detailed Statement of Finaal AtIeS for the Year Ended 31 Jul 2025 31.7.25 31.7.24 ChaTlt•blè%¢Mttes Broughi lokward Depr¢ciaUm of tawble flxed assets Impairrrtht losses for tangltle figed assets 309.345 17.610 JQ6.OT2 15.414 1.986 326.965 J23.4n Oth•r Wage5 151.069 3,C63 1,293 3.115 10,588 16,711 2,632 115,469 Pensions )i aTrJ war rates Inswan Llght and h¢è¢ Tele P<8t4e and stattonw Sundrfes Card PToce55ing and bart ¢harqe5 Accountancy and bookkeepir Legal and Fyofesslonal fees Irrecoverable VAT CL¥hWter eq(Pment and sek$n8 Repalr5 and Inalntwnce Staff tralnlng.IKisPitality and wtifare Travel RecnritrfTht and wjiunteer eyperfjes CleJnlr#s and waste dlsposal 2,030 5.557 13.118 2.145 ,417 457 5,841 7,507 3.971 8,197 21,540 5,263 21,649 5.471 13,180 2.329 365 17,010 2,419 1,139 3,4n 1,698 262.999 213,462 Total reswrce5 expended 589.964 536.934 131,8971 94,165 Th15 yge the5 not form partof the stsfUtoryfinarKial staterrtnts Page Z4