REGISTERED cOmPA￿y liIT%IBER.. 07756429 IEn%land M'ales) REGISTERED CH.4RITI NLIMBER: 1148939 Re￿rt of ibe Trustct5 Unaudittd Fin*nciAI Stalemtnts for the YeAT Ended 3111h November 21125 for West Green House Opera Limited IA ¢omp*ny Ilmlted bv **West Green House Opera Limited (a company limited by guarantee)** **Contents of the Financial Statements for the Year Ended 30th November 2025** ||**Page**| |---|---| |**Report of the Trustees**|1**to 7**| |**Independent Examiner's Report**|**8**| |**Statement of Financial Activities**|**9**| |**Balance Sheet**|**10 to 11**| |**Cash Flow Statement**|12| |**Notes to the Cash Flow Statement**|**13**| |**Notes to the Financial Statements**|14**to**20| West Green House Opera Limite la tothp*thy limittd bv guardntee Report of the Trustees for the Year Ended Joth November 2025 The trustees who are also direaors of the charity for the pUr￿SeS of the Companies Aci 21K)6. present tiieir rew>rt widi the tinancial Stslemenis of Ihe charity for the year ended 30th Noiember 2075. The rn5[￿5 ha￿e adopred ihe prO￿lS1On5 of Accounting and Reponins by Charirics.. Siaiemcni of Recommended Prncrice applicable to ehariijes prcparing rhcir ccounts Jn aLcordancL' with the Financial Rcwrtln8 Sthndqrd applLcable its the UK and Republic of Ireland IFRS 1021 leftellive l Jgrtufjry 20191. OBJF.CTIVF.S AND ACTII'ITIES Objectives Aims The charity's main obJ￿￿1v¢S are: To advance #nd proTnoie the education ofthe Ewblic by perforniing IKbth wo￿$ from the standard operdtic repert¢>ire as well as little know￿ works which deserve gre4tcr publicity. To cnLoura8c ihc understanding and appreLiaiion of itLiS an fonn. in particular. bui not exclusively. througli the pr¢s¢'niaiion of publi¢ p¢YfomMn¢¢s of owra. music. I￿l￿rI> aNI Mas￿r¢I8S￿. To provide a pcrfthmiic ncc plaifthmi for young a￿1 ¢mcrging artis1$ 10 bonc and p¢rfcci ihcir Craft ai a lime whcn such cxpLriLn¢e in laT¥cr IhcatTe% und 0￿ra hou¥c% is b¢¢otning s¢ar¢¢ du¢ 10 thc lack of arts. funding gciicrnlly. To providc menluring for such young and emLrygLn8 artists by giving them acce￿. IM)th on Ihc siagc and in rclicarsol. to ¢StablIshL￿ profLssional sing¢TS and dir¢clors arml th¢ chanc¢ io rwforni wiih s￿h ￿'X￿ri¢ncd collLasiuLS in public. Publle benefit ThL havL rLIcTrul lo ihl guidanic ioniainLyJ in ihL Charity Cwnrnl￿%10n'5 gcncral gui4JanLL un publiL bL'nLIIT whLn rLviLwing IhL and objiLIivLS ofihL' Lhariiy and iii planniiig fuiurl aLlivillL￿. lil Piiniiular IhL IruslLLS LonsidLr how planned aciiviiies will conlribuie io the ainLS al￿ objetiivts Ihai haNE F*en set. The ItU8ice% kli¢i'¢ that th¢y fijlfil th¢s¢ objcctivoi through thc ¢h8n"IYs ￿l￿rnI a¢iiviii¢s in th¢ %t8ying of OP¢T# pcrtonnanL¢g that ar¢ mad¢ oI'0ilabl¢ 10 Ihc g¢n¢ral public at an affordabl¢ ¢051 and by th¢ Incntonng of young and LmLrgping urtlSl&, In partirular Ihc Lharily crKouragcs a youn¥cr g¢n¢rnlioii lo cxpcricncc opcra by 017iTing any tickLtb unsuld closc Iv Ihc ￿yroMiancc dalc lo undcr ?Ss al a di5counlcd pricc of£25. Page I West Green House Opera Limite la tothp*thy limittd bv guardntee Report of the Trustees for the Year Ended Joth November 2025 ACHIEVEMENTS.4ND PERFORMANCE Charitable xttivities INoiwiihsydnding ihe faci the SLqrt of 2025 was IINle wliijcally or economically Ihan 2024, we were still eagerly I{￿kin¥ fotwatd with tnuLh pnde atKI ¢Ththu%iL%tn our Silvet Annji'epthry S¢L%on in J￿Y 20251 It 15 difficult to COTnpr¢h¢nd ju51 how far we￿ Green HO￿ has COTne since those Iiumble beginiiings 25 years ago when our indefatigable Founder. Marylyn Abknll. stsged Ihe firsi or*rn perfonnance for a gathcTing of friends iii a small marque¢ ai the side of her F*auiiful Quttn Anne Coun￿ residence. wvin8 its name io what later be£4me West Grccn HousL Opcrd. Havin¥ acquired chaTiiable Stslus aNI with ils Ptimary rtmii ￿ provide youn¥ and emer¥in¥ artisis w'ith a much needed, nurturing platf()rtn fr(im whi¢h ttb hone their ¢ofi before lrying their wiDg% in lar¥er. nalional and inlenthiic)nal theutr¢%. Wc%i Circcn HoLL%C npcra 1% proud to have b¢¢n the 5wTring swne for a g(xyJly Thuinb¢T of those artists. who have since gonc on lo truly intcmaiional carcers. The secondary bui no l¢ss imponani aim orth¢ Charity i8 ￿ MthxlL￿ n¢w¢om¢r& young and not so yowiy. io th¢ glory of the ()PLraii¢ art fottn by o(Yering a rang¢ of p)pular. w¢ll known o]ms from Moi2n k) Sondheiiii $ca￿n¢d willi rnrely hL•rd gcm.q from somc of th¢ gteaiui comrA)seN oftcn in conjunciion wilh lh¢ highly re9￿Cl¢d Opcra Rara. Add tts Ihi4 thL ()pira Ciiilu which hEL% now immeTL4ely p)pular fiKlurc in our ￿roTh)i￿¢¢ calthdaT. c4pcLially iviih uur"loLals" and w¢ truly believe we have something foreverybody. In 21125. to mi& rk IhL' vLry ￿￿1￿￿1￿6? of WL%i (ireL'li House ()rm. w¢ dLYidLid io Sth¥L all bar one uf our PTf thL DL4Lnibl! TIJL wli()li' LvLninu had bTL'nuinL Pdny aim05pherL' al￿ IhL dU41iLnce cnjpicd iiiio sus18lllLYi app14LIISL and l11L￿rI17tsj whLn il annniinced thai thi.s prixlLiciion w'a% homage 10 Marylyn {he￿lf sn Au￿le of COUTsel} and in celebraiion of the faci thai Ri¢hard 2nd Jnn had b¢4n 01 W¢si Cir¢¢n fmm ih¢ v¢ry b¢ginning (Trf IKTrih thcir ¢aKYtB. Fonner Wc%1 GN*n alumnLLS, Grani Doylc. who so mcmornblc in our 20?4 "Barkn ofscvillc. rciurncd to %ing thc liilL roll uf Doii Pas4￿lL alungrsidc Lorctua Pu NiLlO as Ilic hcads'ifL)IlgT and LLNUCilisli Norina and Julian HLIiuu (ion/AIL'/. F.rnL510. Fmiih m&?king IhL'ir th.buis ai WL￿1 (irLxn. Jun LynLY once awdin WhIppL￿ Ihc orchLsira into a comiL frenry wilh all the players entering into the fun and fft)lics ofihe e%'ening. Now a regular 41 W¢si Cir¢¢n and ¢onitnuing th¢ ShakestK¥r¢an theme set by "I CaJTrulthi- and "Ma¢b¢ih', Oy. Clarke retumcd to olt¢r hi% LOntcrn￿r￿ry lakc on Purccll'5 grcal￿t 5ciniffl)crJ, "Th¢ Fairy Quccn" Using a spcLially adai)Ic(I script of"A Midsiimmer Nighi's Drn'am" and t￿OrtH¢d by thc acclaimcd Annonico Consori and Ilaroquc Playcr5. thc i>onlit Wc%l tirccn (iarden% pro%'ided ihe perfccl setting for Ihis liitle gan ora piece. A% always. the lalenis ofour youn8C%t artlSLS were show'e&scd in nvo wcckcnd recitals in the Lakc Thcatre: in 2025. we Jlw IL￿¢￿ up with %thdeni% from the Ndiiunal 0￿ra Studio from wknm we reglllarly draw many of uur "LOVM" for the prinripal roles as well &$ engawng them for the Chon￿ for the 5m#llrr PBn5. The Jewel in th¢ c.rown of the 2025 Season wa5 Ihe Sili'er Celebraiion Owa Gala 51affing The great Albaiiian 50prano. Ennonela Jaho, accompanicd by our old frilmds, Ihc BB( Conccrt Orchcsira and once again conducted by John Andrcws. For such a uniquc and complrfcly 5M)Id oui ci'cnL ci'cning ￿aS hosicd by thc BBC'S senior classical presenter, Petrix Trelawny. and reLorded &s Jyth of Radio 3's "Friikny Nighi is MusiL Nighi" sen&s. ReCo￿l$ed a8 the musi Lelebrdied sin¥Jng of OLLr time. perf{￿min¥ leadith¥ n)les irt d]1 vf the world's ¥redi i)pera houses. th¢ %umpiu()u%ly dre&8ed Madame Jahl) delivered sWtatular aria atler swtatular aria. every Inch the DIN'a both ¢rnotionally and l'ocally. Ther¢ wasn't a dtv eye in house and had it tK)t been for th¢ fact the evening was b¢ing r¢coTded th¢r¢fore subject to Srrici limin& lh¢ app1al￿ would hai"e gone on all night. Madaine Jaho was joiiied by our own Artistic Dircctor, up and coming young lenor, Thomas Elwin, singing duets from "La Traviata" and bringing thc CUr￿lt] and ihL housc down with ihc CVLY popular "Brindisj" in li￿ company of ihc chonjs from FK>lh "Macbcth" and "P&8quale" and ail clearly enjoyin¥ Violeita's party. Page 3 West Green House Opera Limite la tothp*thy limittd bv guardntee Report of the Trustees for the Year Ended Joth November 2025 ACHIEVEMENTS.4ND PERFORMANCE Fundr9151ti% Attivitits Followirtg its dLYision irt 2024 10 move away from an Annual Funthxisirtg Cjaia and ihercby avoiding the risk of h&￿ing tv r¢ly un a %ingl¢ evenin¥ lu rdi%e th¢ sum* bud¥d¢d fur yeat. we held a i'JTiety vf smaller ¢venL4 with the aim of rai¥ing stnoller Tnor¢ fr¢qu¢ntly a[￿ frorn an itKreased nujnber ofw>l¢ntial (lonors. Apart fToin lh¢ r¢¥ulaT. intirnut¢ Sunday Lunches h05ted by Marylyn ai We51 Green H(￿￿ ihroughoui the Spring and earlj SuinTner. Tnosl of tliese fijndraising events look place in ar￿ around London including a Nery successful Season launch parry al Tlie CoN'eiit Garden Hotel. a Spring Receprion ar The RAC C-lub in Pall Mall ro coincide with rhe Chelsea Flower Show and a InLmorable dinncr tor Lxisiillg and wtcnrial major donors hosicd ai [￿autifi11 riverside home of onc ot'our Inembcrs ot'th¢ Advisory Council. Folli)win¥ fr(Irn the Dinner held a¢ The RAC in NoietDber 2024. tnany of the at*ndees have 4ince made %ignifi¢aiit plcdgc4 Co￿'¢ring a thTe¢ year Iher¢by giving much needed fuDJre financial 5thbility and a real chance to bcgin to build rescTve5. The LA>ndon carol Con¢¢n this year was h¢ld in thc glori¢MJS surrwndiThBs of Th¢ RAF Chuwh, Si. Ll¢m¢nl Dan¢s. in The Strand and jiidging by ihe numbers who aii¢thled. this has become o real fa¥'ouri* in W(iHO's calendar ofevenis. We have al.40 %ccn a gratifying, Mlbcit JTKthL incrcase in number tsf lower cnty Icvcl Fricnds ar)(J Patrtsns as well &8 a hiBh P¢TLentage of M¢wals from uur more esthblished supp￿tr5 and th)nors. FINANC'IAI. RFI'IEII, Flrthn¢ial rewitvi Duriiib7 IhL yLur IhL churily had total inLy)min8 rLXHWLX% of £569.838 12024 £59).1371. ThcTC w*% a Lonlinucd rLdkiLiion in dotl4ilions fLLLlVL￿. howLVLr Ihis TLyJuLiion is ¥igiiifiLantly ILSS Ill￿7 last yLar. UnfoTiunaiLly ilJLrL Wub decre&se in the claim for Theaire Tax Relief. Laqi year was the final year when the Telief was claiined ai I1￿ enhanced rate of 45Q/¢. The raic for non-i(NJrin8 ￿rf(￿mIn¢cs is now SLM ai 4￿/ty. Offsctting the de¢rwcd in¢om¢, how¢v¢r. ther¢ was a d￿re￿ in Cos￿ particularly in of the Co￿t5 of thc opcra pLrlomiiiniL5. ThLrL wu5 slill. howcvcr. still a dcfLciI on ihL tiLnLral Fund of157,002 12024 difilil £87,-$731. In IhL ylar ended 311111 November 2023 the dunLWS of the remaining fiin¢lq iiwk for new ihealre prujecl ainounliiig li) 18X.554. greed th?& I these flind.% may be Irdn%ferred 10 Ihe fieneral Furwj reqiiliinB in a sury)luq ￿ be carried fornard lo fulure ycar%. A% dl 3Qih NovLmbcr 2025 there is a dcficii of £14.4(￿ 12024 cumulaiivc SUTplu% £43.1921 on IhL Cjcncrdl Fund. FurthLY dLbidil.% of IhL Lhariiy'% Lncome and ex￿ndit￿re for ihe year are in ihe %(aiLmeni of financial dLliVitIL% dnd th¢ aiiompanying not¢s. Re5trye5 Policy li 1.8 Ihl policy of ihc charity that unrcstrictcd fvnds which haNc noi bcen designated for a s￿arIC usc should bc inlained ai a level equivalcnl 10 beiwcen three and six mondLS eXper￿llUTe. Thc ￿lSie￿ Lon%idcr that r￿￿rVeS ai ihis level will en%iire Ihdi. In the evetjl uf a signifiLani drup in funding. they will be able io ¢tsnlinue the ¢harity's ￿tivItie¥ while Liin%ideratii)n 1% given io way% in whith additi(￿al furtth may Although th¢ l¢Yel of rcsm'r5 improi'd ill 2023, partirularly followng the transfer from the New Theatre Fund a5 mcntioncd aknve, th¢ charity ha5 i￿1 unablc lo maintsin the thvc rolicy duc ro thc dcfjcit illcU￿ in 2024. Utucslrlcll￿ rcbcrves as al 30th NO￿Lmber 2025 arc c￿￿entlY at a dcticii of of£14.411. Thc trnslc£s arc activcly sccking lo address this siiiiaiion by seLking additional d(m(¥rs atml by incr￿in¥ the num￿ of futMI raisin¥ events. Principal ri5k5 and uncertain¢1 The principal risk nomiallv taced by ttle Cbarity r¢iat¢s to the wt¢lltial lo￿ of the th)[￿tIonS which enable the Charity to contilluc lo slage Ihe opcralic pcrformanccs each y￿. In pgnicular ￿le Qharity is reliatLI oli a relaiivcly small number of major dot)ors. The Inisiees are endeavoiiring io w'iden ihe donor base of ihe Chariry in oftler 10 mirigaie rhis risk. Page 4 West Green House Opera Limite la tothp*thy limittd bv guardntee Report of the Trustees for the Year Ended Joth November 2025 FUTIIRE PLANS t)ue to ihe additional cosi of sraging ouid(x)T perfonnances on and around the lake, togdher with the increasingly unprediciablc H'Laiher, the Board has theided io rn0￿¢ the perforniance space in irs eniirety back io the Green Theatre for the 20?6 Seasort artd all produciions will ￿ siage41 the1￿. OnLe again. w¢ will offer our audi¢nr¢ the chance lo se¢ hear another Te41 ￿lEy. the gTeat Purrini's very first U￿Ta. Having the slory as the rnuch tnore farn0￿s ballet. "Gi.qelle" the v(>ung Puccini corn]X-￿ thi% operatic version for a comtKXiiion. Sadly. he 1051 oui 10 an￿her young comwser. Pietro Mascagni. who otTered as his enty a piece he tilled 'C'aNalleria Rusiicana- and the re￿ is orthiic hiswry. Puccini w'as so disirdughi ai losing that he conSignL￿d his own cniry io his bonom drawer at)d ihcre it SLgycd uniil his dOmir￿ll0n ot ihe opcra firn)ameni encourdged hjm io rL'VJSL' IhL origjnal score and il Is thai revised w¢ will h¢ar In 2026. Unfortunai¢ly. by Ihen this genilc piece h&(1 bLl￿ ioially ovLtshiiduN¥Mi by oth¢r w()Tld famous (IrnoJ'aiiL mJslcwpi￿￿￿ atKI so was I￿¥LlY fur¥TullL'n until di¢Ll)￿ered artd TeLI)rded rtcenily by Rard wilh none c)ther than ErnitsJ)el# Jaho in the tille r(Ile. The evening will be introduced and ho4ied by th¢ learned musicolo¥isi. Peier MedhuT41. The Season will or*n with anthher Gala bui this lime in the company of the English Naiional Opera Orchestra. conduLlL￿d by John AndrL'WS. (iu¢tsi SLt)bTrLrs will again in¢lLMk fOrn￿r young artists who ar¢ iiow slars Jn I1i¢ir own ris￿h( nd led by J¢nrtie Sial'lord who r¢L¢ived sthndin¥ OVOlion fft)m our owlience when she s8n¥ "Suur Angeli¢a" ai Wtsi Cireen in 211?4. Thc twu tully %tagcd upcrds for 2026. both ncw wtthions will bc onc ofth05c ￿￿1 Pu￿1n] m&stcry>iccc% rcfcrrcd to LarliLr. "ToiLa" and IhL LvLr ￿pular "ThL' MabTiL Fluic" by Ihc youlib brcniu% Amadcus Mothrt. Jcaii-KTibiof BoulL)i) and Miiry Wyn Williams rL•iuni 10 sinbv IhL roll￿ of i￿. evil Sea￿la aNi his ficry nemLtslS. Floria TosLa willi Toin FuriiL's niaking his debiii ai West Qireen &$ the ill-faied (alar￿$1. Als4) making her UK debut. ￿'e are il)rilled 10 welcoiiie acclaim¢d Aii.%irnlian Dir¢¢tor, Su70nrt¢ Chaundy, frcsh fmm hcr 8rcai ¥u¢¢c¥s dirc¢iin8 Thc Ring Cycl¢ in Mclboumc, The u¢¢laimL(l E3riti%h ¢on(lu¢ior, Ali¢¢ Famh)m, alfio makc4 hcr W¢%1 (ir¢¢r) d¢bul. RiLh4lrd SiudLr will dcsign and dirccl "Thc Magic Flulc- wilh Jon Lyncss conducliiig an cxciling Gqsl of singcrs. thc mdjoriiy ofwhom will be linder 30 years ofabte. W¢ will also ¢ngag¢ IL d¢di¢ai¢d mark¢tin8 and s(tial m¢di4 Dir¢¢tor for the 2096 Sc&w 4nd Iwond: ¥omcthing w¢ n¢¢d¢d but unabl¢ to afford in pr¢vious years. This rol¢ will b¢ S￿nsored fortwo y¢ats by a g¢n¢rou5 patyon. In addition lo anoihcr Sprin¥ launclL wc plan lo rLylicalc thc fina￿¢￿1 succc55 of thc tours lo Milan and La Scala in 2023 by returning lo Milan in 2020 w'iih fuffher beS￿Ike tours lo Nuremlw aThJ Barcelo￿. STRI,'('TIIRE, C.OVERNAYC.'E AND MANAGE￿IEyT Governing documtnl The ch4?rity is conirolled by ils McrnoTanthim and ArticlLs (goi'erning d￿UMCn1Tr and constitUlC5 a company, IiTllitcd by guarantcc. The Lhartty is fLm by ihe trustees lisied ￿lOW. Under the charity's rults the minimum nwnber of trn51ees Ihai Lan serve ¢a¢h y¢dr ib Iwv bul lunlcs¥ vihrrwis¢ dd¢mil[￿ by ordinary r¢solulionl ¥hall t￿1 b¢ subj¢rl 10 any mdximum. Th¢ tru51¢¢s shall be appointed by T¢501ution 31 a general meeting or by writt¢rt rewlution 51gnd by all the trU￿te¢s. Page 5 West Green House Opera Limite la tothp*thy limittd bv guardntee Report of the Trustees for the Year Ended Joth November 2025 STRI',CTURE,GOVERNAYCE AND MANAGE￿IEyT 0rygllLSAtional structure The Board of Trusiees is the goi'cming b(xly whjch adminisiers the Charity. All major decisions are made by the Board whi¥h tneet% Tr¥uknrly tv foTtnulat¢ TK)IILy and d&-id¢ oth %trntegy. A %Ch¢￿e of dele¥atiun is In place (loy tv d4y 1¢sponsibiliti¢s for ihe JtTairs of the ChaTily with a Mana¥em¢nt T¢aJn hea(1￿ by Jdne M()ssop (Operation5 ManageTI. Michael Whalley ITreasuTer. assi51ed by Jane mos￿) and. Andrea Ga￿￿ IMaTketing. Membership and Fundraising). The Owalions Manager is authorised io run the dqy io day affairs of the CharJ"ty at)d has overall responsibility (assis￿d by MILhail Whall¥y and Atth,a Gawtt} for th¢ fin&tKJai h¢alth of th¢ Chtirity. Jan¢ dircctly io th¢ Tru￿t￿x.4 on sub%liintiv¢ maiiLts rilaiin¥ 10 buJ¥L*I and man?￿L￿*￿I. The Main Board of TTu%lccs also has accc&s 10 an Adii.wry Council COTnprising who thcrn4cli'cs suc£c4hful busine55C5 and who, frce of chargc. proiidc Ihc Trus￿e5 with commercial adi'icc and cominenrary as WCII a5 OFtning their homes and businessas as a source of fundTaisiTh8 forthe Charity. All final d¢ci.qions r¢laiing 10 finan¢¢4 and bvdgding resi wilh the Chaimian. Glenn Hursifield, in ¢on%ulthiii)n wiill his fellow. Main tli)ard Trusiccs. Mi¢ha¢l Wh)Il¢y. Ann Cjrnfton. arkl ommcr of Wesi Cjrccn Ilousc, Marylyn Abknii. Thc Bourd 14 u%%i.4lC(I wilh all urti.%lic llllilth. by Yi'onnc Kenny arml miiry1￿ AbErf)11 ill)d by Neil Duykiii Tc¥urdin leLhniLal and pruduLlion matter5. Trustee inductlon and tMlnlnE Any n¢w Irusl¢i'% would apw>inim¢ni k fijlly bri¢f¢d atwj train¢d by thc cxisiing commillcc and mad¢ owarc of IhLir r¢%pun%ibililic% and duli&¥. Wh¥rc felt nCCCSsary Ihcy would ￿ sent w extcrnal trainir)¥ Cvur%L'% Tellviini IL? ¢h¥ir appuintmcnt. REF F.RENI'E 1lTr4D ADN11NI.STRATII'E DETAILS ReKi5tered C-.omphrtv number Reglstered C.'h#rlty number 114x939 Registered office 2 Oricl Court OmLb41 Park Aliun Hamp%hir¢ CTU.14 2YT Tru5tee5 M D Abboti G C Hu￿tfield Ichaimian) M D Il'halley OAM A Grafton V Whale lappoint¢d 24.2.261 Independent Exgminer D A S2L ndcrs BA IHonsl FCA Sheen Siickland CharteT¢d A¢rountant5 2 Oriel Court Omega Park Alton Hampshirc GU34 2Yf Page 6 West Green House Opera Limite la tothp*thy limittd bv guardntee Report of the Trustees for the Year Ended Joth November 2025 REFERE￿cEANDAD￿]lNlST￿lTjN'E DETAIIS BAnkers INaiWLSI Bank plc 45 Park Str¢¢t cam￿TleY Surrey GU153PA Solleltors Key%iune Law 48 Ch#nLery Lane London WC.'2A IJF Oyergtlons ManAR¢r JanL M().441)p Thi% rcpurt has PTqMred in accordance with special provisions of Part 15 of the Companics Act 2006 rclatin¥ 10 small LoMpaniL￿. 08106126 Appmv¢d by ordcr of ¢h¢ Fx)ard of on.......,,,........,,......................... and sign¢d on its b¢half by.. Ci C Hur%ifiLld- TnLslee Page 7 Independent Examiner's Report to the Trnstees ol West Gftett House Oper* LI￿lted Independent examiner's report to the trnsiees of West Green House Opera Limited I'the Company'l report 10 the chartry In￿leeS on my examination of ihe ace4)unts of ihe Conipany for the year ended 30th November 2025. Re5pon5ibilitie5 and basi5 of report As ihe charity's Irusiees of ihe L'ompany land alw its direaor5 for the purtKises of company lawl you are respTrnsible for the prepararion of ihc accounts in accordance with thc requirements of Companies Aa 2(KK) I'rhe 2(Kb6 ACVI. Having saiisfjed myself tho1 the a¢¢ounts of the Cotwy * t￿l requi￿1 to be aud]"ted under Part 16 of the 2(M)6 Act (l Lli¥iblc f()r ind¢p¢pd¢nt ¢xawninaliuTh. I rqKIrt in re>p￿1 vf my ¢)f YOUT Lliarily's aLLounls (is L¢VtiL(I out undcT SecliL)n 145 Lif Ihe Charitie5 Aci 2a1 I I'ihe 21)1 l Aci'l. In carryin¥ out niy exarnination I have followed th¢ t)ireciions given by the Charity Commission under seal￿ 14515) Ibl of the 2011 Act. Indtptndtnt tximlner's stAtemettt Sin¢L yuiir lhan1￿,5 Jn¥vtn¢ ixLLxxlLxl £250.(KXI YOUT examirK'r musi ￿ a mimbeT of ) listL￿ Ixxly. l Can Lonf)m) thai l th qualifi¢d ic) und¢rtdk¢ Ihe examinaiion l am i rnember of the IrL*tilute ()f Chartered AccouDtanis in n¥land and Wale.4. which 1% one of the li4id trf)die4. I have completed my examinaiioTh. I confinn that no maNers hav¢ come to my attention in conne£tion with the Cxaniillaiion biivinby m¥ ¢aus¢ 10 L￿11¢ve.. accouniing records were noi kepi in ffs￿¢1 of the Company as Nuired by Section 386 of ihe 2006 Aci: or thL u¢¢ounl% Llo not a¢¢oTd ￿.)lh Iho¥¢ rc¢or(Is: or the (Iciuunt4 du not cornply wilh thc acc()unlin8 rCquIr￿nts of Scction 396 of thc 21thS Act othcr than any TLyuirLJnLni that Ihc aLLx>unts give a true and fair view which is IK)i a maiiLT Lxxisidcrlul pari Of indyndcni ¢K4iinln￿l1l￿ll' or Ihe clccoiinis hai'e r￿1 been prepared in oceordanc¢ with th¢ 2nd principles of the Stsienieni nf K¢¢nmmcnd¢d Practic¢ fnr a¢¢thuniing and r¢w)rtin¥ by ¢hariii¢% 18pplicabl¢ ith chariiics pr¢paring Ih¢ir accoun in uLLorLlan¢c with thc Financial RLP)fiing Sthn(brd appli¢ablc in lh¢ UK aTKI Republi¢ of ITelan(I IFRS la211. I h&lVL no conLLrn& ￿1nd havc comc acTOSS no oihcr inallcrs in coThncclion with ihc cxaminalion lo whicli allcnlion 51iould be drnm'n in this rewrt in order 10 enable a proper undersundin# L)f Ihe alL￿Unts iu be reaLlied. avid Sanders (Jun 9. 2026 12. +11 D A S2nd¢r¥ BA (Hon81 FCA Shccn Siickland Chartered Accountant5 2 Oricl Coun Omc8a Park Alton Hdmp%hire GU_14 2YT Date.. 09106126 Page 8 West Green House Opera Limite la tothp*thy limittd bv guardntee Statement of Finan¢ial Activitie5 Ilneorporating Income and Eipenditsre Account) for the I'car Endcd 311th Nove￿ber 2025 2025 Totsl fi]nds ?024 Totsl funds Unresrricted Restricied fund IP4C.'0￿1￿.' AND Tr'NDOW.IIENTS FRO￿1 tk)nalion8 and legacies 212.636 212.636 241.927 Chgrltfible Actii'ities Op-rA pLrltimiilIlL¥S 317.427 317,427 343,303 A¢iivilie4 for generating fund% Inv¢simcni income 39.749 30 39.749 30 4.873 34 To¢81 569.842 569,842 590.137 .XPTr.TrIDI'I'IIR Tr. ON Raibing funds 15.777 15.777 7.145 Chlrliable #etlvltl¢s OtK'ril pLrl()nniin¥is (iovLmunLL Lusts 596.1186 13.844 596.886 13.¥44 656,292 14,273 ther 938 93% Toial 627.445 627.445 677.710 NET INCOMEIIEXPENDITUREI 157.(A)31 157.1rf)31 187.5731 REC'ONC'ILIATION OF FUPIDS Total frunds broughi Iorward 43.192 119,559 162,751 250,324 TOTAL FUliDS CARRIED FORII'ARD 119,559 105.148 162,751 The notes form part of thes¢ flnancial statemcllts Pagc 9 West Green House Opera Limited {Registered In756429) la tothp*thy limittd bv guardnteel Balanee Sheet Joth November 2025 2025 Totsl nds 2024 Total fund5 Unresthcied fund Re5tric*d fut N(Me5 FIXEDASSETS Tartgible &iqets 13 19,559 119,559 119,559 CURRFNT A&SETS Debtors Cash ai bank and Jn hand 14 169.1)67 23.968 169,067 23.968 156.153 12.591 193.035 193,035 168.744 C.RF.DITORS Amoiinis tEillinbT due within one year 15 1207.4461 1207,4461 1125,5521 NET C.IIRRENT A.SSET4IILIABILITIESI 43,192 TOTAL ASSETS LESSCLIRRENT LIABILITIES 119,559 105.148 162.751 NET ASSETS 119.559 105,148 162.751 FIINDS Unre%lricled fun¢ls Rc%triLILd funds 17 43,192 119.559 119.559 TOTAL FIIPIDS 10.S.148 The charilablc company is enlitlcd to cxcmplion from audil undLY &xiion 477 Companic5 Act 21kn for ihc ycar LndLd 30th NovcmbLr 2025. The memb¢rs hav¢ not r¢quir¢d the ¢omparty ￿ obilin an audiL of its financial sthi¢m¢nts for the year ¢nd -10th Nov¢mber 2n?5 In 4¢¢ordan¢e with S¢¢¢ion 476 of the compathi¢￿ Ac¢ 2(KKS. The trusicc5 acknowlcdgc their re5t&Msibiliii¢s for lal cjisuring that thc chariiablc company kccps ￿￿U￿ting nxords that C￿￿p]Y wilh Sc£tions 3U6 and 387 of Ihc Coinpanics Aci 21M)6 and prepann8 financial %iatemenis which 8iYe a and fair &iew of the SLqie of affairs of the chariiable company as ai the end (>f each finanttal JEar athd of IL% surplus or defieii f*r each financial year in aLr•rdance with the rquir¢Tnen15 of S¢rtlOll5 394 and 395 and which othu￿75¢ romply 74.ith the Trquir¢m¢nt5 of the C.ompani¢% Act 2006 ￿lating to financial 5¢atetnents. so far a5 atvlicable ¢0 the rhatitable cottlpany. (Tr*) The notes form part of thes¢ flnancial statemcllts Pagc 10 C4)niinucd... West Green House Opera Limited {Registered In756429) la tothp*thy limittd bv guardnteel Balanee Sheet- eontinued Joth November 2025 Thest finJDci(Il stat¢Tn¢nts' hai'¢ b¢¢n ptq>ared in acrotdance the PTVi'iSiOnS applicable to chaTitsbl¢ ci)Tt)pani¢s subject lo the stnall companies regjme. The financial statements were apprm'ed by the Board of Tn￿e£S and aurhorised for issue on 08106126 . atld iyere signed on its ￿haIr by.. G C Hursrfield- Trustee The notes form part of thes¢ flnancial statemcllts Pagcll West Green House Opera Limite la tothp*thy limittd bv guardntee Cash FloTh Statement for the Year Ended Joth November 2025 2025 2024 Noies Cash flows from operating activities Cash genetratL￿d from OPL¥aiions Intertst paid 12285 1938 115,9591 Net cash providd bylluS￿ in) orEraling acti￿11¢5 11.347 (15.959) C¥sh flows from Inv¢stthg *¢th.hks InlLr¢%t rLK¥ivi(I 30 34 Nel cash provided by invcsting activities 30 34 Ch*th%t lth ea$h equlv#lents lty the reporting period C'*sh an<1 ¢Msh equivfjltnts at the b¢glt)nlnR of ihe reportlng ptrlod 11.377 115.9251 12.591 28,516 Cash and cash equlvaltnts At the of th¢ r¢portinE period 23.968 12,591 The notes fonD part of ihese financial statetnents Page 12 West Green House Opera Limite la tothp*thy limittd bv guardntee Notes to the Cash Flow Statement for the Year Ended Joth November 2025 RECONCILIATION OF NET ENPEYDITURE TO NET CASH FLOIV FRO￿] OPERATING ACTIVITIES 2025 2024 Net expenditsre for the reporting period las per the Ststement of Financial Activities) Adjustments for= Iniertst received Inte￿$1 paid (Incre￿¢￿'dccrcas¢ in debiors Increase(Idtireasel itl crediiors 157.6031 (87,573} 1301 938 134) 103,()87 (32,039) 81,895 Net ¢osh provld¢d byllus¢d Inl tsp¢rntloths 12.285 115,9591 ANALYSIS OF CIIANGES IY NET DEBT Ai 1.12.24 Cash flow AI30.11.25 Net cash Cash at bank and in hand 12.591 11.377 12.591 11.377 23,96X Debt DLbi% fallin8 due within l year 120.(th1 155.9381 175.9381 120.IWI {55.9.781 175,Y38} Total 17.4091 144.5611 151.9701 The notes fonD part of ihese financial statetnents Page 13 West Green House Opera Limite la tothp*thy limittd bv guardntee Notes to the Financial Statements for the Year Ended Joth November 2025 ACCOIINTING POLICIES BASIS of prepgrlng the statements Thi finJnLidl %lJti'tnLnL% of Ihl ¢h￿tabl¢ Luwy whi¢h 1% a public benefit entity under FRS 102. have been PTeprorwhen fiirLd5 are raised for particular restyickd PUTWJ5es. DONATIONS AND LEGACIES 2025 2024 Donations and legacics Gitrt Aid 183.214 29,422 207.194 34.733 212.636 241,927 AC.'TIVITIES FOR CENERplTIP4G FiINDS 2025 2024 iindraising a¢iiviiies Roy¢iltics and commission 39.736 13 4.750 123 39.749 4.873 INVEST￿l￿.￿T INC.OME 2025 2024 Deposit aeeounl interesi 30 34 INC.OMb. bRO￿l CHARII'ABI.Tr: ACTIVITIF.S 2025 2024 Aciivity Tickct5 and oihcr income from oplra pLYtorniarKcs Thedtre Relief 208.360 109.067 190,907 152.396 317.427 141,-lQ3 Page 15 continued... West Green House Opera Limite la tothp*thy limittd bv guardntee Notes to the Financial Statements- tontinued for the Year Ended Joth November 2025 RAISING FIINDS Other tradlng attA%ltks 2025 2024 Fundraising trading and other costs 15.777 7.145 CHARITABLE ACTIVITIES COSTS Exp¢n*e% of opern ￿rf{)rman¢t* £597.f119 12024 £656.2921 repr¢KnL% the diJt¢t U>SL* of the i?￿ra pcrfonMance5 lincluding adi'cnising al￿ public rel￿10￿¥ exJKnscs1 of £544.35? 12()24 £578.9931. Teiil and SL Th'icc Charg￿ payablc to West Green Housc Limiicd of £5.IKK) 12024 - £36,(KKJI and suprxTrn costs. including wagL%. insurallee. eompurer rutilling Cosis. ielephonc costs. bank charges. tickding coJnmis%ion, sundry expet)%cs and d¢prLYiaiion ofiangible fix¢d ass¢ts of 148.46212024- £41.2991. SIIPP()RT C.OST.4 Govcrnancc Lusls (iovcmancc costs 13,X44 NET INCOMEIIEXPENDITIIRE N¢1 in¢omdI¢x￿ndltUr¢I is staicd aft¢r¢hargin81{cr¢diiingl'. 2025 2024 P24 ymenl lo independent eximirber nihLT accoiiniancy fccs 2.703 2.-150 6.-123 10. TRIISTF.F.S' RF.MIINF.RATION AND BTr.NFFITS Thcrc wcrc no tru5¢ces' rtmunernlion or othLY knefits for the year eth 30th Nov¢mbcr 2025 nor for the year cndcd 30th Novcmkn 2024. Tr¥5tttS' ¢XP¢llS¢S During the year a total of £17.(KMI 12024.. £Nill loaned to the Charity by a In￿ in the form of a Short temi loan for gcncral rutLThing costs. this rcimburscd in thc year. Page 16 continued... West Green House Opera Limite la tothp*thy limittd bv guardntee Notes to the Financial Statements- tontinued for the Year Ended Joth November 2025 STAFF COSTS 2025 2024 Wages attd salaries 24.255 24,255 24.255 The averdge monthly numFKrof employeesdurin8 the year &s follows.. 2025 2024 Marta¥¢men¢ al￿ admiJ)istrniio No ernploytt5 received ¢MolU￿￿nts in exccss of £￿.(￿￿•. 12. Co￿1PAI￿AT71.￿s FOR THE STATEIIENT OF FINAYCIAL ACTIVITIES Unr¥¥iri¢Kxl fun(1 Rcsiricicd fund Toial fuiid% INCO￿1￿ AND ENDOIVMF.NTS FROM t)onaiion8 and le8aci¢s 241.927 241.927 C.'harit4ble activitles OpLrn pLrfomiances 343.303 34.3.303 Aciiviiies for scncraiins ￿ndS Inv¢.%im¢ni income 4.873 34 4,%73 34 Total 5qTr.137 590.137 :XPF.NDITiIRF. ON R¢iisingT funds 7.145 7,145 ChAritgble actii'ities OpLril pL'rfi)mi￿Ll tivv¥man¢¢ 656.292 14273 656.292 14.273 Total 677.710 677.710 NET INCOMEIIEXPENDITURE 187,5731 187,5731 RECONCILIATION OF FtINDS Total funds broiight forw'aftl 130.765 119.559 250,324 TOTAL FUNDSCARRIED FORIVARD 43.192 119.559 162.751 Page 17 continued... West Green House Opera Limite la tothp*thy limittd bv guardntee Notes to the Financial Statements- tontinued for the Year Ended Joth November 2025 13. TANGIBLE FIXED ASSETS Improvements Equipment Tothls COST Al 1st l)ccember 2024 ar 30ih Novemkr 2025 201,1( 2.993 204,102 DEPRECI.4TION Ai l%t r)¢L¢mber ?024 and 3nth Novemkr 2025 81.550 2,993 84.543 NET BOOK VALLIE AI 30th November 2025 119.559 119,559 AI 30th Novcmkn 2024 19,559 19,559 14. DEBTORS: A￿loLNTs FALLING DUE ￿'1TH1% ONE YEAR 2025 2024 Trndc dcbiors ThL4ilrL T￿ry￿ RLlief Prepayments and accrued income 2.977 152.196 7MO 109.1167 169.067 15C),IfJ Is. CREDITOILS:.4MOUNTS FALLING DUE II'ITHIPI ONE I'EAR 2025 2024 Oih¢r loans Is¢¢ no* 16) I'r 6N.YIK> 207,446 125.552 16. I.OANS An analysi5 of Ihc maturity of loans i5 given below.. 2025 2024 Amounts fallin¥ due wthin one year on demand: Oth¢T loan5 75,938 20.INM) Page 18 continued... West Green House Opera Limite la tothp*thy limittd bv guardntee Notes to the Financial Statements- tontinued for the Year Ended Joth November 2025 17. MOvE￿IENT IN FUNDS Net moi'ement fijnds Ai 1.12.24 Ar 30.11.25 Unrestricted fund5 GLnLral kund 43.192 {57,6031 RtStrlet¢d furtds New Theatre Fund 119J59 119,559 TOTAL FIINDS 162.751 157.6031 1(Tr5,148 Nct movemcnt in fvr)ds, included in thc aErt)i'c arc as follows: IncorniTh8 RC￿UTCc5 CXPLiidLd Movcnicnr Unr¢s¢rl¢ied funds G¥n¥ral fund 569.S42 1627,4451 157,6031 TOTAL FUNDS 569.842 1627.4451 157,6031 Comparntlve5 for movement In fund5 Nei mov¢mcn¢ in funds Ai 1.12.23 At 30.11.24 Unrtstricttd funds CILnLrJl Fund 130,765 {87.5731 43,192 Re51ri¢led funds Ncw Thcatrc Fund 119,559 119,559 TOTAL FIINDS 250.324 187.5731 162,751 Comparative net movement in funds, itKluded in Ihe alK*ve are as follows.. Incomin8 Resources expended Movement in funds [1nr¢5trictcd fund5 General l.und s￿,]3? (677.7101 187,5731 TOTAL FUNDS s￿.137 {677,7101 187,5731 Page 19 continued... West Green House Opera Limite la tothp*thy limittd bv guardntee Notes to the Financial Statements- tontinued for the Year Ended Joth November 2025 18. RELATED PARTY DISCLOSURES The opera perfomiances and the chariry's administ￿1Ve functions are carried out from Wesi Green House ￿,here facilities are shared with West Gjrert House Limited. a comp&Thy of whjch Marylyn Abbon la ttusieel Is the sole di￿￿10[ and 4hJTeholder. £5,(MM) 1?024 - £36.(MM)I w*s ith the ytrat 10 W¢41 Green HO￿1¢ Limited In re%peLI vf r¢nl and s¢rviL¢ LhaT¥ts. LNil l?0?4 £?.4701 was paid Iv Wesi Green Hous¢ Limiled in r¢s￿LI uf other in connection wilh Ihe opera tKrfoTrnaDces. During the yedr the charity received royalties of £1] {2024 - £1231 frorn GP & J Baker Limited a Comp￿lY of which Ann Grafton la tnLsiee of the charity) is a direcwr. GP & J Baker al￿ JxJrchasLMI an adi'ertisement for £2,50012024- £2.562}. During the year l*)ial d()naii()ns or £21.0￿ (2024 £41.1401 We￿ received from the thL*iees. N() Te%tricii()ns wer¢ placed on the* donaiion%. 19, SHARE CAPITAL Thc ¢harithblL company 1$ a privaic company limitcd by guawi¢¢ and consequently d(￿ not hai'c a sharc cupilal. Euch of Ihc mcmbcTr' 1.4 liablc ￿ contribu1¢ an atnouni not exceeding £10 towards thc &4seL% of the company in th¢ event of Ihcr¢ being a deficicncy on a winding up. Page 20