Registered number: 8298751 Charity number: 1150757 REC,1STRAR'S LEWES COMMUNITY SCREEN (A company Ilmlted by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 •AEIIOEUP• 2311212025 COMPANIES HOUSE A36
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GSM&Co Griffin St<)ne Moscr¢p & Co TOO YEARS
Docuslgn Envelope ID.. D46EFBc7-S99F451A-AE7Bs8624EB4D LEWES COMMUNITY SCREEN (A company limited by guarantee) CONTENTS Page Reference and adminlstrative detsils of the charitable company. its trustees and advisers Trustees. report Independent auditors, report on the flnanclal $tatsments Consolidated statement of financial activities Consolldated balance sheet 10 Charltable company balance sheet 11 Consolidated statement of cash flows 12 Notes to the financial statemonts 13-32 Griffin Stone Moscrop & Co
Doeusign Envelope ID: 046EFBC7-599F451A-A3E9-E7B58624E84D LEWES COMMUNITY SCREEN (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Robert Norman Senior, Chair Sarah Frances Hunter Jeremy Neil Page (resigned 4 March 2025) Richard Stephen Powell Jennifer Margaret Sibree Leebum (appointed 4 March 2025) Mikey Elizabeth Cuddihy Company reglstered number 8298751 Charlty r•gl8tered number 1150757 Registered office 18 Keere Street Lewes East Sussex BN7 1TY Prlnclpal operatlng office Depot Pinwell Road Lewes Easl Suss•x BN7 2JS Investment advlsors R.C. Brown 1 The Square Temple Quay Bristol BS16DG Independent audltors Griffin Stone Moscrop & Co Chartered Accountants 21-27 Lamb's Conduit Street London WC1N 3GS Bankers Bank of Scotland pl¢ 155 Bishopsgate London EC2M 3YB Sollcltors Stone King LLP Boundary House 91 Charterhouse Street London EC1 M 6HR Page 1 Griffin Stone Moscrop & Co
Docusign Envelope ID.. D46EFBC7-599F4S1A-A3E9-E7B5B624EB4D
LEWES COMMUNITY SCREEN
(A company limited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The twstees who are also the directors of the charitable company, present their annual report together with the
audited financial statements of the charitable company for the 1 April 2024 to 31 March 2025. The annual report
also serves the purposes of a dIrtorS. report under company law. The trustees confirm that the annual report
and financial statemenls comply with the current statutory requirements, the Charities Act 2011, the Companies
Act 2006, the requirements of the charitable company's governing document and the provisions of the Slatement
of Recommended Practice {SORP}. applicable to charities preparing their accounts in accordance wrth the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The charitable company also operates under the names Depot and The Depot Cinema.
Objectlves and activities
Pollcles and obJectlve*
In setting objectives and planning for activities, the trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running
charity
Docusign Envelope ID.. 046EFBC7-599F451AJE9-E78SB624EB4D LEWES COMMUNITY SCREEN (A company limited by guarantee) TRUSTEES. REPORT (CONTINUEO) FOR THE YEAR ENDED 31 MARCH 2025 Strateglc report Icontinued) Achievements and performance {continued) c. Fundraislng activities and Income generatlon The group does not carry out signrficant fundraising activities. d. Duty to promote the success of the charltablo company to achleve Its charltable purposes The trustees have throughout the year acted individually and collectively in the best interests of the charitable company and all ils stakeholders. Specifically, the trustees have established and maintained a code of conduct and strategy which promotes the short and longer-tem interests of all stakeholders, including beneficiaries, employees and customers. The strategy of the board has been designed to ensure the current and future success of the charitable company, whilsl respecting and promoling its responsibilities within the film industry and wider social community. Financial revlew . Golng concorn After making appropriate enquiries, the trustees have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further detalls regarding the adoption of the going concern basis can be found In the accounting policias. b. Reserves pollcy The group has a reseNe (currently around £4.000.OOO> invested with RC Brown Investment5 Limited who have an elhical low-risk investment strategy. The funds exist to support future capital Investments. The reserves policy is reviewed annualty.. c. Prfnclpal rlsks and uncertalntles The cinemalarts venue is well established in the area and has proved extremely popular. Therefore the trustees do not envisage any risks to trading performance. d. Prlnclpal fundlng Principal funding has come from one individual. Page 3 Griffin Stone Moscrop & Co
Docusign Envelope ID.. D46EFBC7-599F451M3E9-E7B58624EB4D LEWES COMMUNITY SCREEN (A cornpany limited by guarantee TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Structurei governanc'e and management a. Constltutlon Lewes Community Screen is registered as a charitable company and is constituted under a trust deed dated 19 November 2012, becoming a registered charity on 8 February 2013, number 1150757. The principal object of the charitable company is to operate a community cinema. b. Methods of appolntment or election of trustees The management of the Group and the charitable company is the responsibilty of the trustees who are elected under the terms of the trust deed. Trustees are Selected on the basis of the relevance of their professional knowledge and eerienCe relevanl to the charrtable companws activrties. . Organlsatlonal structure and decision-maklng pollcles Significant decisions relatin9 to the charitable companls operations, activities, systems and contro16 are made by the trustees, who meet in person on a regular basis and communicate through electronic means as and when necessary. The trustees have delegated the day-to4ay running of the charitable company lo its administrator, one of the charitable company's employees, whose remuneration package is decided upon by the trustees based on their knowledge of those provided by similar entities. d. Pollcles adopted for the inductlon and tralnlng of trustees Newly appointed trustees receive advice, as an induction, on the objectives, activities and plans of the charitable company and on trustee responsibilities (in particular through provision of the Charity Commission'8 publication The Essential Twstee.. What you need to know). e. Pay pollcy for key management porsonnel Remuneration of key staff is benchmarked against typical rate8 of pay in the art8 and hospitality industries. These are reséarchéd by the HR team on a regular basis. f. Rlsk management The trustees have assessed the major risks to which the Group and Ihe charitable company are exposed. In particular those related to the operations and finances of the Group and the charitable Mpany, and are satisfied that systems and procedures are in place lo mitigate exposure to the major risks. Plan8 for futuro perlods Future developments Th& operation of the Depot continugs to be a great 8uccess, Since opening in May 2017 It has been one of the most successful cinemas in the UK in terms of seat booking5 and community engagement and is one of the most eco cinemas in the world. In November. 2025 Depot was nominated by BIFA (British Independent Film Award5) as one of the top five cinemas in the UK. Along with typical popular mainstream films Depot operates a wide ranging programme which includes many world cinema releases that highlight significant social and political issues, and it hosts a number ol special events and festivals. It is far less reliant on blockbuster releases than most cinemas and experiences good attendances across most films, It has become a highly popular communty hub for Lewes and Customers visit from across Sussex. Film audiences have not fully returned to pre£ovid levels and with the grovAh in home subscription sep4i¢es and cost of living pressures may not do so for the foreseeable future. H¢Jwever the wide ranging nature of the Depot programming, plus the lively and popular café-bar, are sufficient to guarantee a strong customer base. As a charity li also maintains its aim to be an affordable, inclusive and accessible venue. The Twstees are confident that the Depot will continue to operate as a highly successful and popular venue whilst also meeting its charitable objectives. Page 4 Griffin Stone Moscrop & Co
Oocusign Envelope10: 046EF8C7-$99F451M3E9_E7BSB624E84D LEWES COMMUNITY SCREEN IA company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2026 Statement of trustees. responsibilitie¥ The trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for preparing the trustees, report including the strategic report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted AGGounting Practice). Company law requires the trustees to prepare financial statements for each financial . Under company law. the ' trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and the charitable company and of their incoming resources and application of resources, including their income and expendilure, for that period. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and Ihen apply them consistently., observe the methods and principles of the Charities SORP (FRS 102)., make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any material departures disclosed and explained in the financial statements.. prepara the financial statements on the golng concern basis unless It is inappropriate to presume that the Group will continue in business. The trustees are responsible for keeping adequate accounting records thal are sufficlent to show and explain the Group and the charitabla companrfs transactions and disclose with reasonable accuracy at any time the financial position of the Group and the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding th& assets of the Group and the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Dlsclosure of Inforniatlon to audltors Each of the persons who are trustees at the tlme when this trustees, report is approved has confimed that." so far as that trustee is aware, there is no relevant audit information of which the charitable group's auditors are unaware, and that trustee has taken all the steps that ought to have been taken 89 a trustee in order to be aware of any relevant audit infonnation and to establish that the charitable group's auditors are aware of that infomiation. Approved by order of the members of Ihe board of trustees and signed on their behalf by.. Robert Norman Senior Trustee Date.. 18 December 2025 Page 5 Griffin Stone Moscrop & Co
Docusign Envelope ID: 046EF8C7-599F451A-A3E9-E7B5B624E84D LEWES COMMUNITY SCREEN (A company Ilmited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LEWES COMMUNITY SCREEN Oplnlon We have audited the financial statements of Lewes Community Screen (the 'parent charitable company.) and its subsidiary company (the 'group') for the year ended 31 March 2025 which comprise the consolidated statement of financial activities, the consolidated balance sheet, the charitable company balance sheet, the consolidated statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable In the UK and Republlc of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial ststements-. give a true and fair view of the state of the Group's and of the parent charitable company's affairs as at 31 March 2025 and of the Group's incoming resources and application of resources. including its income and expendrture for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basi$ for opinion We conducted our audit in accordance wrth International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors. responsibilities for the audit of the financial stalemenls section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom. including the Financial Reporting Council'3 Elhical Standard. and we have lulfilled our other ethical responsibilities In accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In audrting the financial statements. we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomed, we have not identified any material uncertainties relating to events or conditions Ihat, individually or collectively, may cast signfficant doubt on the Group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilrties of the trustees with respect to going concern are described in the relevant sections of this report. Other Inforniallon The other information comprises the information included in the annual report other than the financial statements and our auditors. report thereon. The trustees are responsible for the other information contained within the annual report. Our oplnion on the financial statements does not cover the other information and. except to the extent otheDNise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other infomation and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otheTrvise appears to be materially misstated. If we identrfy such material inconsistencies or apparent material misstatements, we are required to detemiine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have perfomied, we conclude that there is a material misstatement of this other infomation. we are required to report that fact. We have nothing to report in this regard. Page 6 Griffin Stone Moscrop & Co
Oocuslgn Envelope ID.. D46EFBC7-599F451A-A3E9-E7858624E840 LEWES COMMUNITY SCREEN IA company limited by guaranteel INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LEWES COMMUNITY SCREEN {CONTINUEDI Opinion on other matters prescribed by the Cornpanies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the inforniation given in the trustees, report including the group strategic report for the financial year for which the financial statements are prepared is consistent with the financial statements. the truslees, report and the group strategic report have been prepared in accordance with applicable legal requirements. Mattern on which we are required to report by exceptlon In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, have not identified material misstatements in the trustees, report including the group strategic report. We have nothing to report in resped of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion.. the parent charilable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us; or the parent charitable company financial statements are not in agreemenl with the accounting records and returns., or ertain disclosures of trustees, remuneration specified by law are not made; or we have not received all the informalion and explanations we require for our audrt. Responsibllltles of trustees ,As explained more fully in the trustees, responsibililies statement, the trustees (who are also Ihe directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied thal they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financlal statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Group's and the parent charrtable companys ability to continue as a going concern, disclosing. as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Group or the parent charitabla company or to eease operalions, or have no realistic alternative but to do so. Audltors. re$ponsibllltles for the audlt of the finanGlal statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors. report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will aayS detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Enquiry of management and those charged with govemance., Reviewing financial statement disclosures and testing to supporting documentation to assess compliance: Performing audit work over the risk of management override of controls, including testing of journal entries; and other adjustments for appropriateness, evaluating the rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias. Page 7 Ciriffin Stone Moscrop & Co
Docusign Envelope ID.. D46EF8C7-599F451AJEE7B5B624EB4D LEWES COMMUNITY SCREEN IA company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF LEWES COMMUNITY SCREEN (CONTINUEO) As part of an audrt in accordance with ISAS {UK>, we exercise professional judgment and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial ststements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. intentional omissions. misrepresentations, or the override of intemal control. Obtaln an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpoge of expressing an opinion of the effectiveness of the charitable company's internal control. Evaluate the appropriateness of accounting policies used and the reasonablene8s of accounting estimates and related disclosures made by the trustees. Conclude on the appropriateness of the trustees. use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company's ability lo continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors, report to the related disclosures in the financial statemants or, if such disclosures are inadequate, to modrfy our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors. report. However, future events or conditions may cause the charitable company to cease to continue as a going ' concern. Evaluate the overall presentation. structure and content of the financial statements. including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that 8chieves fair presentation. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities wrthin the Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the Group audit. We remain solely responsible for our audrt opinion. We communicate with those charged with governance regarding. among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we Identify during our audrt. Use of our roport This report is made solely to the charitable companls members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charttable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibilty to anyone other than the charitable company and its members. as a body, for our audit work, for this report, or for the opinions we have fomed. Robert Smlth (senior statutory auditor) for and on behalf of Grlffln Stone Moscrop & Co Chartered Accountants Statutory Auditors 21-27 Lamb's Conduit Street London WC1N 3GS Date: i&/ Iv/ arlr Page 8 Griffin stone Moscrop & Co
Oocusign Envelope ID.. D46EFBC7-599F451A-A3E9-E7858624EB4D LEWES COMMUNITY SCREEN (A company limited by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations. sponsorship and grants Operation of a community cinema Income from subsidiary company Investments 638,926 1,232,628 1,2S2.817 102.432 1.400 640.326 1,232.628 1,252,817 102,432 4.412 1,178.446 1,223,009 85.105 Total Income 3,226,803 1.400 3,228,203 2,490.972 Expenditure on: Raising funds: Expenditure on subsidiary company Investment management costs Charitable activilies 1,252,817 29,893 1.868,080 1.252,817 29,893 1.872,097 1,223,009 24,447 1,823,189 4,017 Total expendlturn 3.150.790 4,017 3,154,807 3,070,645 Nèt Incomal(expondltur•) befor• not galns on Investments Net gains on investments 76,013 70,S15 (2,617) 73,396 70.515 {579.673) 277,396 Net movement In funds 146.528 (2,617 143,911 {302,277) Reconclliatlon of funds: Total funds brought for4vard Net movement in funds 12,900,902 146,528 13,362 12.617> 12,914,264 143,911 13,216,541 (302,277) Total funds carrled forward 13,047,430 10,745 13,058,176 12,914,264 Page 9 Griff in Stone Moscrop & Co
DoSign Envelope ID.. D46EFBC7-$99F451A-A3E9-E78SB624EB4D LEWES COMMUNITY SCREEN (A cornpany limited by guarantee) REGISTERED NUMBER: 8298751 CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Tangible assets Investmenls 8,OS8.866 4,011,367 8,227,444 3,867.228 12 12,070,233 12,094,672 Current assets Stocks Debtors Cash at bank and in hand 13 14 18,192 275,051 907,102 15,759 343,947 647,413 1,200,346 1,007,119 Credrtors,. amDunts fallin9 due within one year 15 1212,403 (187,527) Net current a$sots 987.942 819,592 Net assets 13,058.176 12,914.264 Charity funds ,Restricted funds Unrestrlcted funds 17 17 10,745 13,047,430 13,362 12,900,902 Total funds 13,058,175 12,914,264 The trustees acknowledge their responsibilrties for complying with th* requirements of the Ad with respect to accounting records and preparation of financial statements. The financial statements were approved and authorised for issue by the trustees and signed on their behalf by: Robert Norman Senior Trustee Date.. 18 December 2025 The notes on pages 13 to 32 fomi part of these financial statements. Page 10 Griffin Stone Moscrop & Co
Docusign Envelope ID.. D46EF8c7-599F451A-A3EE78S8624E840 LEWES COMMUNITY SCREEN (A company limited by guarantee) REGISTERED NUMBER: 8298751 CHARITABLE COMPANY STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 2025 2024 Nots Flxed assats Tangible assets Investments 8,058,866 4,011,368 8,227,444 3,867,229 12 12,070,234 12,094,673 Current assets Debtors Cash at bank and in hand 14 338,744 814,171 367,247 591,436 1,152,915 958,683 Creditors., 8mounts falling due within one year 15 1164,974 {139,092) Net current assets 987,941 819,591 Net as8•ts 13,068,175 12,914.264 Charlty funds .Reslricted funds 'Unrestricted funds 17 17 10,745 13,047,430 13,362 12,900,902 Total funds 13,058,175 12,914,264 The charitable compan3 net movement in funds for the year was £143.911 (2024 - £{302.277)). The trustees acknowledge their responsibilrties for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements were approved and authorised for issue by the truste95 and signed on their behalf by: Rob•rt Norman Senlor Trustee Date.. 18 December 2025 The notes on pages 13 to 32 fomi part of these financial statements. Page11 Griflin Stone Moscrop & Co
Docusign Envelope ID.. D46EFBC7-599F451A-A3E9-E7B5B824EB4D LEWES COMMUNITY SCREEN . (A company limited by guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 - 2024 Noto Cash flows from operatlng actlvltles Net cash provided by operating activities 19 247,531 49.314 Cash flows from Inv•stlng actlvlties Dividends, interests and rents from investments Purchase of tangible fixed assets Proceeds from sale of Investments Purchase of Investments 102,432 85.105 116,6S1) {46,766) 1.273,781 4,197,450 11.347.404) (4,445,681) Not cash provlded byl(u8•d In) Inv•stlng actlvltl 12,158 (209,892) .Change In cash and cash equlvalonts In tho year Cash and cash equivalents at the beginning of the year 259,889 (160.678) 807.991 647,413 Cash and cash equlvalents at tho end of tho year 20 907,102 647,413 The notes on pages 13 to 32 form part of these financial statements Page 12 Griffin Stone Moscrop & Co
DO$19n Envelope ID.. D46EFBc7-599F45lA-A3EE7B53624EB4D LEWES COMMUNITY SCREEN (A company limited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles 1.1 Basis of preparation of financlal statements The financial statements have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the charitable company. and are rounded to the nearest £1. The preparation of financial Statements in compliance wrth the Charities SORP (FRS 102) and FRS 102 requires the use of certain critical accounting eslimates. It also requires management to exercise judgement in applying the charitable companvs accounting policies (see Note 26). Lewes Community Screen meets the definition of a publlc benefit entty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheThvise stated in the relevant accounting policy. The consolidated statement of financial activities (SOFA) and consolidated balance sheet consolidate the financial statements of the charitable company and 518 subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. Tha charitable company has taken advantaga of the exemption allowed under section 408 of the Companies Act 2006 and has not pre8enled ils own statement of financial activities in these financial statements. 1.2 Company stalus Lewes Community Screen is a company limited by guarantee. The members of the charrtable company are bNo of the trustees named on page 1. In the event of the charitable company being wound up, the liabilty in respect of the guarantee is limited to £1 per member of the charitable company. 1.3 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specifie restrictions Imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specrfic fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investrnent income, gains and losses are allocated to the appropriate fund. Page 13 Griffin Stone Moscrop & Co
Doeuslgn Envelope ID". D46EF8C7-599F451A-A*E7B5B624EB4O LEWES COMMUNITY SCREEN (A company limited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles {¢ontlnue'd) 1.4 Income Income is recognised at the fair valu8 of consideration received or recewable for donations and the sale of goods and services to customers in Ihe ordinary nature of business. Income generated by the parent company includes ticket sales, income from private screenings, and income from running courses and workshops (excluding value added tax). Ticket sales and income from private screenings are recognised as the film is shown. Income from running courses is recognised in the period to which it relates. Income generated by the subsidiary company includes sales of food and beverages (excluding value added tax). All Income generated by the subsidlary company is recognised at the point of sale. Grants are included in the consolidated statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balancg sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received. the income is accrued. Income tax recoverable in relation to donations recelved under Gift Aid or deeds of covenant is recognised al the time of the donation. 1.5 Expendlture Expenditure 18 recognised once there Is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support Costs involved in undertaking each activity. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly In support of expenditure on the objects of the charltable company. Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable activrties and governance costs are costs incurred on the chatitable cornpanls operations, including SUPPOrt costs and costs relating to the governance of the company. Page 14 Griffin Stone Moscrop & Co
Oocuslyn Envelope ID.. D46EFBc7-599F451A-A3EE7BsB624E84D LEWES COMMUNITY SCREEN (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 . A¢¢ounting policles (contlnued> 1.6 Going concern In the last year the trustees have seen an improvement in trading as lingering concerns about Covid have gone and the global film slate has improved. The Depot has had several very busy months. In addrtion. closer attention to operating costs and revenues related to the cate-bar operation has improved trading and profrtability. Although profits remain challengin9 the Depot has been largely able lo break even on ils current expenditure since last Summer. The Depot remains a hugely popular venue and presents a rich programme of events and screenings. The Trustees feel confident that the Depot will continue as a highly successful going concern and as a well-regarded arts and community asset in Lewes and have therefore deem it appropriate to prepare the financial statements on a going concem basis. The trustees do not consider that a material uncertainty about the going concern status exists. In making this assessment the trustees have considered the likely operating and trading condrtions for a period of Iwelve months from the date of approving these financial sl8tements. 1.7 Basls of consolidatlon The financial statements consolidate the financial statements of Lewes Community Screen and its subsidiary company. The charitable company has taken advantage of the exemption contained within section 408 of the Companies Act 2006 not to present its own income and expendilure account. The net income (2024 expenditure) for the year dealt wrth in tho finan¢lal statements of th• charitable company was £143.911 (2024 - £302,277). 1.8 Gov•rnm•nt grants Government grants relating to tanglble fixed assets are treated as deferred income and released to the consolidated stalement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the consolidated statement of financial activrties as the related expenditure 18 incurred. Page 15 Griffin Stone Moscrop & Co
Docusign Envelope ID= 046EFBC7-59gF4S1A-A3EE7Bs8s24EB4D LEWES COMMUNITY SCREEN (A company limited by guarantea) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR'ENDED 31 MARCH 2026 Accounting policies Icontinued) 1.9 Tanglble fixed assets and depreclatlon Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. At each reporting dale the charitable company assesses whether there Is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined to be the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. Depreciation is provided at rates calculated to wrlte off the cost of tangible fixed assets, less their estimated residual values, over their expected useful lives on the following bases.. Freehold property Equipment 2¥0 Straight line 25°h straight line The assels. r•sidual values, useful lives and depreciation methods are réviewed, and adjustéd prospectively rf appropriate, or if there is an indication of a significanl change since the last reporting date. Gains and losses on disposals ar• determined by comparing the proceeds with the carrying amount and are recognised in the consolidated statement of financial activities. 1.10 Interest recelvabl• Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charitable company,. this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposrted. 1.11 Investments Fixed asset investments are a form of financial instrument and are Initially recognised at thelr transaction cost and subsequently measured at fair value at the balance sheet date, unless the value cannol be measured reliably in which case rt is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Losses) on Investments. in the consolidated statement of financial activitie5. Investments in subsidiaries are valued at cost less provision for impairment. 1.12 Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsoleta and slow-moving stocks, 1.13 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 1.14 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 16 GrifFin Stone Moscrop & Co
Doeusi9n Envelope ID.. l)48EFBc7-599F-451A3EE7B5BS24EB4D LEWES COMMUNITY SCREEN (A company Ilmited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles (contlnued) 1.15 Liabilities and provisions Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event. it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilrties are recognlsed at the amount that the charitable company anticipates it will pay to Settle the debt or the amount it has received as advanced payments for the goods or services rt must provide. Provisions are measured al the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding. of the discount is recognised in the consolidated statement of financi81 activities as a finance cost. 1.16 Financlal Instruments The Group only has financial assets and financial liabilrties of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cosl using the effective interest method. 1.17 Penslons Tha Group operates a defined contribution pension scheme and the pension charge represents the amount8 payable by the Group to the fund In respect of the year. Page 17 Griffin Stone Moscrop & Co
OocLL%ign Erwelope10: 046EF8c7-599F451A3EE78sB624EB4D LEWES COMMUNITY SCREEN IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Income from donations, sponsorshlp and grants Unrestricted Restricted funds funds 2025 2026 Total funds 2025 Total funds 2024 Donations and sponsorship Grants 638,926 638,926 1,400 723 3,689 1,400 Total 2025 638,928 1,400 640,326 4,412 Total 2024 723 3,689 4,412 Income from charitable actlvitles Unrestricted lund8 2025 Total funds 2025 Total funds 2024 Operation of a communty cinema 1.232,628 1.232.628 1.178.446 Total 2026 1.232,628 1.232.628 1,178.446 Total 2024 1.178,446 1,178,446 Page 18 Griffin Stone Moscrop & Co
Docuslgn Envelope ID.. D46EFBC7-S99F451A-A3E9-E7B58624E84D LEWES COMMUNITY SCREEN IA company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026. Investment Income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Income from local listed investments Bank and other interest 61,128 41,304 61,128 41,304 68,164 16,941 Total 2025 102,432 102,432 85,105 Total 2024 85,105 85,105 Investment management costs Unrestrictéd funds 2025 Total funds 2025 Total funds 2024 Investment management fees 29.893 29,893 24,447 Total 2025 29,893 29,893 24,447 Total 2024 24,447 24,447 Page 19 Griffin Stone Moscrop & Co
Oocusign Envelope ID.. D46EF8C7-599F451A3EE7BsB624E84D LEWES COMMUNITY SCREEN (A company limited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysls of expendlture on charltable actfvitles Summary by fund type Unrestricted Restrlcted funds funds 2025 2025 Total 2025 Total 2024 Operation of a community cinema 1,868,080 4,017 1,872,097 1,823,189 Total 2025 1,868,080 4,017 1,872,097 1,823,189 Total 2024 1,819,500 3,689 1,823,189 Summary by expendlture type Staff costs Deprnclatlon Other costs 2025 2025 2025 Total 2025 Total 2024 Operation of a Communlty cinema 705,482 181,978 984,637 1,872,097 1,823,189 Total 2024 655,720 182,628 984,841 1.823,189 Page 20 GrifFin stone Moscrop & Co
DO519n Erhvelope ID.. 046EFBC7-599F451A.A3E>E785B624EB4D LEWES COMMUNITY SCREEN ' (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2025 Expendlture on general charltable activities Actlvltles undertaken directly 2025 Grant funding of actSvlties 2025 Support costs 202S Total funds 2025 Total funds 2024 Operation of a community cinema 1,217,035 5,423 649,639 1,872,097 1,823,189 Total 2024 1,196,572 4.622 621,995 1,823,189 Analysis of dlrect costs Operatlon ofa communlty clnema 2025 Total funds 2025 Total funds 2024 Staff costs Operating expenses Film and other direct expenses Ticket processing charges Confectionery. caterin9 etc 681,645 18,773 453,758 36,214 26.645 681,646 18,773 4S3,758 36,214 26,646 811.558 28,074 485,773 46,629 24.538 1,217.035 1.217.035 1,196,572 Page 21 Griffin Stone Moscrop & Co
Do¢usign Envelope ID.. D46EFBC7-599F451A-A3E9-E7858624E84D LEWES COMMUNITY SCREEN (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on general charftable activltle8 (continued) Analysis of support costs Operation ofa communlty clnema 2025 Total funds 2025 Total funds 2024 Staff costs Depreciation Advertising and promotion Legal and professional fees Insurance Professional fees Audit and accountancy fees General Offi expenses Bank charges Entertainment Light and heat Telephone and intemet Repalrs and maintenance Cleaning IT Software and consumables Staff training and recruitment Amortisation Travel Loss on disposal of fixed assets Auditors, Muneration - audit 23.837 181.978 8,257 2,550 42,756 35.265 16,213 13,683 2,177 265 81,677 5.319 123,334 64,953 20,486 2,246 12,026 2,246 3,251 7,120 23.837 181,978 8,2S7 2,550 42,756 35,265 16,213 13,683 2,177 265 81,677 5,319 123,334 64,953 20,486 2,246 12,026 2,246 3,251 7,120 44.162 182,628 11.852 5.762 32,591 31.333 15,573 10,707 2,173 861 128,343 5,391 46,528 57,752 20,856 3,632 11,286 3,006 359 7,200 649,639 649,639 621.995 Page 22 Griffin Stone Moscrop & Co
Docuslgn Erwelope10.. 046EFBC7-599F4S1A3E9-E7B58624E84D LEWES COMMUNITY SCREEN IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees. remuneratlon and oxpenses During the year, no tnjstees received any remuneration or other benefts (2024 - £NIL). During the year ended 31 March 2025, no trustee expenses have been incurred (2024 - £NIL). Auditors. remuneration Auditors, remuneration of the group comprises audlt fees of £11,140 (2024 - 11,100) and accountancy and payroll charges etc of £18,893 {2024- £18,173). Auditors, remuneration of the company comprises an audit fee of £7,120 {2024 £7,200) and accountancy and payroll charges etc of £16,213 (2024 - £15,573>. 10. Staff costs Group 2025 Group 2024 Company 2026 Company 2024 Wages and salaries Social security costs Other pension costs 1,321,954 99,947 23,870 1,223.735 91.558 25,551 629,053 62,559 23.870 582,318 47,851 25,551 1,445,771 1,340,844 705,482 655,720 All employees are employed by the charrtable company. However, staff costs specifically relating to the trading subsidiary are recharged by the charrtable company to the trading subsidiary under a Shared Resources Agreement. During the year, such costs amounted to £740,289 (2024 - £685,124) and have been netted off in arriving at the figures in the"CompanY' columns above. The average number of persons employed by the charltable company during the year was as follows.. Group 2025 Group 2024 No. Administration and management Bar and restaurant 25 42 25 67 69 Page 23 Griffin Stone Moscrop & Co
Oocuslqn Envelope10: D46EF8C7-599F451A-A3E9-E7B5B624E84D LEWES COMMUNITY SCREEN (A company Ilmlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Staff costs (continued) The number of employees whose employee benefits (excluding employer pension costs) exceeded £60.000 was.. Group 202S Group 2024 No. In the band £60,001- £70,000 In the band £70,001- £80,000 Key management personnel, considered to be the board of Trustees and the Creative Director, received total remuneration £70,100 {2024 - £66,700). 11. Tangible fixed assets Group and Company Freehold Equlpment property etc Total Cost At 1 April 2024 Addition8 Dispo¥al3 9,113,514 774,790 16,651 129,122) 9,888,304 16,651 129,122) At 31 March 2025 9.113.514 762,319 9,875,833 Depreclatlon Al 1 April 2024 Charge for the year On disposals 988,808 145.904 672,052 36,074 125.871) 1.660,860 181,978 125,871) At 31 March 2025 1,134,712 682,255 1.816,967 Net book value At 31 March 2025 7,978,802 80,064 8,058,866 At 31 fvlarch 2024 8,124,706 102,738 8,227,444 Page 24 Gr11n Stone Moscrop & Co
Docuslgn Erwelope ID.. D46EFBc7499F4S1A3EE7B5B824EB40 LEWES COMMUNITY SCREEN (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 . 12. Fixed asset inveslments Investment In subsldlary Llsted undertaking Investments Total charitable company Cost or valuatlon At 1 April 2024 Additions Disposals Revaluations 3,867,228 3,867.229 1,347,404 1,347.404 11,099.728) 11,099,728) 1103,537) 1103,537) At 31 March 2025 4,011,367 4,011,368 The investment in subsidiary undertaking relates to 1 ordinary share of £1 in Lewes Community Screen (Trading) Limited (company number 10698777), representing 100•A of tha issued share capital ol that company. During the year Lewes Communty Screen (Trading) Limited generated a profrt of £nil (2024 - the same). comprising turnover of £1,252,817 (2024 £1,223.009) less expenditure of £1,252,817 (2024 £1,223,009). At 31 March 2025 Lewis Community Screen (Trading) Limited's net assets totalled £1 {2024 the same), ¢omprising total assets of £111,123 (2024 - £71,736) less total liabilities of £111,122 (2024 - £71,735). 13. Stocks Group 2025 Group 2024 Food and wet goods 18.192 15.759 Page 25 GrifFin Stone Moscrop & Co
Docusi9n Envelope10: 046EFBC7-599F451A-A3E9-E7BS8624EB4D LEWES COMMUNITY SCREEN (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS . FOR THE YEAR ENDED 31 MARCH 2025 14.. . Debtors Group 2025 Group. Company 2024 2026 Company 2024 Due within one year Trade debtors Amount owed by group undertakin9 Other debtors Prepayments and accrued income Tax recoverable 6,094 11,711 6,094 63.693 117,378 89,079 62,500 11,711 23.300 293.309 38,927 117,378 89,079 62,500 293.309 38,927 275,051 343.947 338,744 367,247 15. Cr•ditors: amounts falllng due within on• year Group 2025 Group 2024 Company 2025 Company 2024 Trade creditors 86,193 65,974 4,789 55,447 75,655 64,490 4,474 42,908 46,263 64.875 4,789 49,047 33,120 64.490 4,474 37,008 other taxation and social security Other creditor8 Accruals 212,403 187,527 164,974 139,092 16. Flnanclal Instruments Group 2025 Group 2024 Company 2025 Company 2024 Flnanclal assets Financial assets measured at fair value Ihrough income and expendrture 907,102 647,413 814,171 591,436 Financial assets measured at fair value through income and expenditure comprise cash at bank and in hand. Page 26 Griffin Stone Moscrop & Co
Docuslgn Envelope10'. 046EFBC7-599F451A-A3EE78sB824EB4o LEWES COMMUNITY SCREEN (A company limtted by guarante8) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Statement ol funds Statement of funds - current year Balance at 31 March 2025 Balance at 1 April 2024 Transfers Inlout Galnsl (Losses) Income Expenditur• Deslgnated funds Fixed assets fund 8,227,443 (168,577> 8,058.866 Gonoral funds General fund 4,673,459 3,226,803 (3,150,790) 168,577 70,515 4,988.564 Total Unrestrlct funds 12,900,902 3.228.803 (3,150,790) 70.515 13,047,430 Restrlcted funds Dementia Friendly Screenlngs Food Waste Education Mental Health on Film Rascals Film Feslival 7,762 12,837 4,915 1,644 1,644 3,966 3.966 1.400 (1,180) 220 13.362 1,400 (4,017 10.745 Total of funds 12,914,264 3,228,203 {3,154,807) 70,515 13,058.175 Page 27 Griflin Stone Moscrop & Co
Docu$Sgn Envelope ID.. D46EFBC7-599F4s1A3E9-E7BSB624EB4D ' LEWES COMMUNITY SCREEN (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Statement •)f funds (contlnuod) Statement of funds - prlor year Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Galn81 (Losses) Income Expenditure Unrestrlcted fund8 Designated funds Fixed assets fund 8.363,665 (136,222) 8,227,443 General funds General fund 4,839,514 2,487,283 (3,066,956) 136.222 277,396 4,673,459 Total Unrèstricted funds 13,203,179 2.487.283 (3,066,956) 277,396 12,900,902 Restrfcted funds Dementia Friendly Screenings Food Waste Education 7,752 7,752 1,644 Mental Health on Film Views of the Netherlands Powell & Pressburger 3,966 3,966 1,189 (1.189) 2,500 (2,500) 13,362 3,689 (3,689) 13,362 Total of funds 13,216,541 2,490.972 (3.070,645) 277,396 12,914,264 Page 28 Griffin Stone Moscrop & Co
Docuslgn Envelope ID.. D46EFBC7-599F4s1A3EE7BSBG24EB4O LEWES COMMUNITY SCREEN (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 .17. Statement of funds (continued) The designated fixed assets fund represents an amount set aside by the trustees equal to the net book value of the charitsble companls intangible and tangible fixed assets. The general fund represents the group's free reseNes. after allowing for the designated fixed assets fund. The transfer of £168,577 (2024 £136,222) from the fixed assets fund to the general fvnd is an amount equal to the amortisation and depreciation charges relating to the year, net of the charitable companjls expenditure on intangible and tangible fixed assets and subsequent disposals during the year. The Mental Heatth on Film fund is supported by Film Hub North. and represents funding to enhance marketing plans and digitsl assets, and to create publicity opportunities to maximise audiences for the Young Film Programmers project. The Dementia Friendly Screenings fund is supported by Lewes Town Council, and represents Income and expenditure relating to the provision of screenings for people living with dementia in and around Lewes. The Food Waster Education fund is supported by October Feast, an initiative that has now changed hands, and represents income and expenses relaling to the running of an educational film production programme which is aimed at raising awareness about food wastaga. As a result of the COVID-19 pandemic, the programme has been temporarily paused and will be restarted once it is considered safe enough for young people to resume working together at the Depot. The Rascals Film Festival fund 13 gUPPOrted by a donation from Lewes Town Council and 18 aimed at providing a year-round programme of world cinema screenings and activities designed for families to enjoy together. The Views of tha Netherlands fund is supported by the Embassy of the Kingdom of the Netherlands and represents funding to screen and host a Q8A of Dutch cinematography, namely Sh8bu and Silence ol the Tides. The Powell & Pressburger fund is supported by Film Hub South Easl (BFI Film Audience NeOrk and the National Lottery) and represents funding to celebrate the careers of hvo British filmmakers, Michael Powell and Emeric Pressburger. 18. Analy818 of net assets betwa•n funds Analysls of net assets between funds - current year Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Intangible fixed asset Fixed asset investments Current assets Creditors due within one year 8,058,866 4,011,367 1,189,600 (212,403) 8,058,866 4,011,367 1,200.345 1212.403) 10.745 Total 13,047,430 10.745 13,058,175 Pageg9 GrifPin Stone Moscrop & Co
Docuslgn Envelo10.: 046EFBC7-599F4s1A3EE7BSB624EB4D LEWES COMMUNITY SCREEN (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. Analysls of net assets betw•en funds (contlnued). Analysls of net assets between funds - prior year Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Intangible fixed assets Fixed asset investments Current assets Creditors due within one year 8,227,444 3.867.228 993,757 (187,527) 8,227,444 3,867,228 1,007.119 (187,527) 13,362 Total 12,900,902 13,362 12,914,264 19. Reconclliation of net movement in funds to net cash flow from operatlng activltles Group 2025 Group 2024 Net incomelexpenditure for the year (a8 per Statement of Financial Activities) 143,911 (302,277) Adlu8tment8 for: Depreclation char9es Gains on investments Dividends. interests and rents from Investments Loss on the sale of fixed assets Decreas81(increase) in stocks Decrease in debtors Increase in creditor8 181,978 182,628 170.616) (277,396) (102,432) (85,105) 3,251 359 (2.433) 852 68,896 478,804 24,876 51,449 Net cash provided by operatlng activities 247,531 49,314 20. Analysis of cash and cash equivalents Group 2025 Group 2024 Cash in hand 907,102 647.413 Total cash and cash equivalents 907,102 647,413 Page 30 Griffin Stone Moscrop & Co
Docuslgn Erwelope ID.. D46EFBC7-599F45IA-A3E9-E7BSB624E84D LEWES COMMUNITY SCREEN (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 21. Analysls of changes In net debt At 1 Aprll 2024 Cash flows At 31 March 2025 Cash at bank and in hand 647,413 259,889 907,102 647,413 259,689 907.102 22. Penslon commltmonts The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cosl charge represents contributions payable by the group to the fund and amounted lo £23,870 {2024 £25,551). Contributions totalling £4,483 (2024 - £4,169) were payable to the fund at the balance sheet date. 23. Related party transactlons Income from donations includes £510,000 {2024 £nil) received from one of the charitable company's truslees. Income from charitable activities includes £1,395 (2024 - £1,084), in exchange for catering and events services, received from one of the charitable companrfs trustees. The transaction was conducted on normal commercial temis and fully paid. No amounts were outstanding al the year end. Controlling party and key management personnel The charitable company is controlled by two ofthe trustees, who are its only members. Whilst the twstees are responsible for the overall management of the charitable company. as detsiled in the trustees, report, the day-104ay running of the charity is delegated to the administrator, one of the organisation's employeas. 25. Princlpal subsldlaries The following was a subsidiary undertaking of the charitsble company: The financial results of the subsidiary for the year were.. 26. General Infomiatlon Lewes Communty Screen is a charitable company incorporated and registered in England and Wales. Its registered office address is 18 Keere Street, Lewes, East Sussex, BN7 1TY. Page 31 &iffin Stone Moscrop & Co
Docusi9n Envelope ID.. D46EFBc7-S99F4s1A-A3EE7Bs8624EB4D LEWES COMMUNITY SCREEN (A company limited by guarante81 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 "27.. Judgements in applying accounting policies and key sources of estimation uncertainty In the application of the charitable companys accounting policies, the trustee5 are required to make judgemenls, eslimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are conSided to be relevant. Actual results may differ from these eslimates, The estimates and underlying assumptions are reviewed on an ongoing basi5. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the rewsion affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. However. there are no judgements or a88umptions that have a significant risk of causing material adjustment. Page 32 Griffin Stone Moscrop & Co