| Unrestrlcted | Deçignated | Rêstr¡cted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | |||
| fortheYear | forthe Year | forthe Year | lorthe Year | for the Year | |||
| ended | êndêd | ended | ended | ended | |||
| 3lMarch | 31March | 3{March | 31March | 31March | |||
| 202â | 2025 | 2A25 | 2025 | 2024 | |||
| â | e. | â | e | î. | |||
| lncome | Note | ||||||
| income from | |||||||
| Donât¡ons and legao¡es Sponsorship ând donat¡ons |
1,000,000 | ||||||
| Governmentgrants | 1.210,440 | 1,210,440 | |||||
| Rent receivable | 320,374 | 324374 | 452,000 | ||||
| lnvestrneRt ¡ncome | 41,992 | 41,992 | 49,367 | ||||
| Total lncome | |||||||
| Éxpenditure | |||||||
| Charitable aclivit¡es | |||||||
| Depreciation | 7 | 159,819 | 59,295 | 9,115' | 228,229 | 147,097 | |
| Other Total Expenditure |
3&4 | 98,913 258,73259,295 |
594.068 603,183 |
692,981 921,210 |
33.235 180,332 |
||
| Netlncomebeforeinvestmentlosses | 103,634 59,295 607,257 | 651,596 | 1,321,Oss | ||||
| Unrealised¡osqon investmentproperty | (40,000) | ||||||
| Netlncome | 103,634 | (59,295) | 607,257 | 651,5961,281,035 | |||
| Tr'ânsfer belween funds | 15 | 2,023,916 | (2,023,916) | ||||
| NêlFundsal1April2A24 | 1,531,270 | 1,905.865 | 3,437,135 | 2.156.100 |
|||
| NetFundsat 31 March2025 | 15 | I.634,9041.984,621 | 489.206 | 4.088.731 | 3.437,135 |
| 2025 | 2025 | 2024 | 2024 | 2024 | |||
|---|---|---|---|---|---|---|---|
| Note | € | Ê | f | Ê | |||
| FixedAssets | |||||||
| Tangibleassets lnvestrnentproperty |
7 I |
2,569,455 110,000 2,679,455 |
548,047 =-_llwq 658,CI07 |
||||
| .CurrentAssets | |||||||
| Debtors Cashatbankandin hand |
I | 484,844 1,015,677 |
591,583 2,269,336 |
||||
| 1,500,521 | 2,860,919 | ||||||
| Creditors: Amounts FallingDue | |||||||
| WithinOne Year | 10 | (91,245) | (81,791) | ||||
| NetCurr,entAssets | 1,409,276 | 2,779,128 | |||||
| TotalAssets Less CurrentLiabilities, | 4,088,731 | 3,437,135 | |||||
| 'Funds | |||||||
| Restr¡ctêd Designaled Unrestrícted |
15 1s 15 Io |
- | 4g9,206 1,964,621 1Ae.Aã^/t 1,6A4,904 4,088,731 |
- 1,905,g65 1,591,2VO *_T4rF |
|||
| , | + |
| Year ended | Year | ended | |||
|---|---|---|---|---|---|
| 31March2025 | 31March2l2[ | ||||
| Note | I | â | c | Ê | |
| Net cash flowsprovidedbyoperatingactivities | 12 | 954,026 | 1,192,966 | ||
| Cash flowsfrominvestingactivities | 13 | (2,2A7,685) | (184,373) | ||
| Netchange in cash and cashequivalentsin the period | _1îæ5Ð | '1,008,593 | |||
| Reconciliation ofNetCash FlowtomovementinNet Cash | |||||
| Change in cash and cash equivalentsintheperiod | (1,253,659) | 1,008,593 | |||
| Movementinnet cashintheperiod | (1,2s3,659) | 1,008,s93 | |||
| Netcash and cash equívalents at 1 April 2024 | 2,269,336 | 1,26Q,743 | |||
| Netcash and cashequivalentsat3lMarch2025 | 14 | 1,A15,677 | 2,269,336 |
| Expenditure | YearEndedYear Ended |
| Charitableactivities. | 3lMarch31 March 2025 2024 ÊÊ |
| Depreciation 0ther |
't47,097 228,229 |
| .Sadler'sWellsEast project costs .Supportcosts(note 4) |
25,1æ 10,625 8,075 921,210 180.332 682,356 |
| Suort Ct | |
|---|---|
| pp oss | YearEndedYear Ended |
| 31March3lMarch 2025 2024 ÊÊ |
|
| Bank andcreditcard charges Governance costs |
635 o 560 15 7 |
| Restricted | |
|---|---|
| lntangible | |
| assets | Total |
| t | â |
| 216,376 | 216,376 |
| 2ß,316 | |
| --- | |
| -nffi |
| TangibleFixed Assets | |||
|---|---|---|---|
| Restricted | Restricted | Restricted | |
| Freehold | Fixtures, | ||
| Land and | Fittings& | ||
| Buildings â |
Equipment f |
Total Ê |
|
| Cost | |||
| Asat1 April?O24 | 2,742,181 | 3,788,361 | 6,530,542 |
| Additions | |||
| Disposals | |||
| As at 31 March2025 | 2,742,181 | 3,788,361 | 6,530,542 |
| Dep.reciation | |||
| Asat1April2024 | 2,514,213 | 3,788,361 | 6342,574 |
| Charge for theyear | 9,115 | 9,115 | |
| Disposals | |||
| As at 31 March2025 | 2,523,328 | 3,788,361 | 6,311,689 |
| Net tsookValue | |||
| At 31 Marcl¡ 2025 At31Ma¡ch 2024 |
218,853 --w |
218,853 _22?,968 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Designafed | |||
| Leasehold | Fixtures. | Fixtures | |||
| Land and | Fittings & | Fiftings & | |||
| Buildings f |
Equipment Ê |
Equipment € |
Total â |
||
| Cost | |||||
| Asat1April2024 | 85,750 | 'l,207,60a | 459,977 | 1,753,327 | |
| Additions Disposals |
225,761 | 2,023.916 | 2,249,677 | ||
| Asat3'lMarch2025 | |||||
| Depreciation | |||||
| As at1April2024 Charge fortheyear Disposals |
49,061 692 |
924,250 159,127 |
459,977 59,295 |
1,433,288 219,114 |
|
| Asat31 March 2025 | 753 | 1 |
519 | ||
| NetBookValue | |||||
| At31 March 2025 At31 March2024 |
35 | 1 | 12 | ||
| TotalNetTangibte FixedAssets | --Z56015I |
| 2025 | 2024 | ||
|---|---|---|---|
| Fair value | € | € | |
| Asal1April2024 Revaluation loss |
110,000 | 150,000 | |
| As at31 March2A25 | 40 | ||
| 11 |
| Dêbtors | ||
|---|---|---|
| 3lMaroh | 31March | |
| 2025 â |
2024 I |
|
| Trade debtors | 93,350 | |
| laxationand.social security | 337,516 | |
| Pr€pâyrnents ãnd accrued income | 147,328 _!.u,eaa* |
| Creditors | ||
|---|---|---|
| 3lMarch | 3lMarch | |
| 2425 | 2024 | |
| E | Ê | |
| Tradecreditors. | 81,270 | 57,856 |
| Taxation qnd social security | 14,435 | |
| Accruals | s,975 re. |
9,500 |
| 11.AnalysisofNetAssets between Funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Tangible | lnvestment | ||||||||
| a)Current year | FixedAssets | properties | NetCurrent Assets |
Total | |||||
| Restrictedfunds | Ê | t | Ê | ||||||
| Arlington Way RedevelopmentFund Restricted Fixed Assets Theatre RedevelopmentFund FF&E Refurbishrnent |
1aJ01 25,437 183,317 |
(2s,437) 788 |
10,101 183,317 |
||||||
| Designated-funds | |||||||||
| SWEFixedAssetsFund Unrestrictedfunds |
1,964,621 | 1,964,621 | |||||||
| SWF Permanent Endowment Reserve (No.1150844-1) |
385,979 | 1 | 10,000 | 1 | 1 | ||||
| NetFunds | |||||||||
| 1 | |||||||||
| Tangible | lnvestment | ||||||||
| b) Prior year | FixedAssets | properties | NetCurrent Assets |
Total | |||||
| Restrictedfunds | |||||||||
| Arlington Way RedevelopmentFund CapitalPro¡ectReserve Theatre RedevelopmentFund FF&E Refurbishment |
'10,540 2s,437 191,991 |
(25,437) 334 |
'10,540 oo4 334 I I |
||||||
| Unrestrictedfunds | 968 | 1 | 1 | ||||||
| SWF Permanent Endowment Reserve (No.1150844-1) |
320 039 |
1',1 41 |
1 | 141 231 101 |
1 | 531 1 |
270 | ||
| NetFunds | 11 | 2 | '135 |
| Reconciliation ofNet lncomefromOperatingActivitie | s toNetCash Flows | |
|---|---|---|
| Year. | Year | |
| ended | ended | |
| 31March | 31March | |
| 2025 | 2024 | |
| Ê | Ê | |
| Net ineomeforthe reportingperiod | 651,596 | 1,281,035 |
| Losses on investments | 40,000 | |
| Dividends, interest and rentsfrominvestments | (41,e92) | (49,367) |
| Depreciation | 228,229 | 147.097 |
| Decreasel(lncrease)indebtors | 106,739 | (273,610) |
| lncreaseincreditors | 9,454 | 47,811 |
| 13.Analysis ofCash FlowsforHeadings inGash | Flow Statement | ||
|---|---|---|---|
| Year | Year | ||
| ended | ended | ||
| 2025 | 2424 | ||
| Ê | t | ||
| Cashflows from investing activities: Dividends, interest and rentfrominveslments |
41,95249,367 | ||
| Purchaseofproperty, plant and equipment | 77 | 740 | |
| 14.Analysis ofNetCash | 31March | Cash | 3lMarch |
| 2024 | Flow | 2025 | |
| â | â | Ê | |
| Cash at bank andin hand | 2,269,336 | (1,253,659) | 1,015,677 |
| 15.MovementonFunds | ||||||||
|---|---|---|---|---|---|---|---|---|
| a)currentyear Deslgnatedfunds |
At1Aprii 2024 I |
lncome Ê |
Expenditure â |
Transfersl Gains f |
At31March 2A25 Ê |
|||
| SWEFixed Assets Fund Unrestrictedfunds |
(59,295) | 2,023,9161,s64,621 | ||||||
| SWF Permanent Endowment Fund(No.1150944-1) |
1,531,270362,366 | (258,732) | 1,634,904 | |||||
| Restrlctedfunds | ||||||||
| ArlingtonWayRedevelopment | ||||||||
| Fund | 10,540 | (43e) | 10,1,01 | |||||
| Theatre Redevelopment Fund | 191,991 | (8,674) | 183,317 | |||||
| FF&E Refurbishment | 3341 | 788 | ||||||
| Total Funds | ||||||||
| 731 | ||||||||
| b)prioryear Unrestrictedfunds |
At1April 2023 € |
lncome I |
ExpenditureTransfers/At3lMarch ' ca¡ns 2024 €A€ |
|||||
| SWF Permanent Endowment F1¡nd(No.1150844-1) |
1,238,603 | 501,367(16S,700) | (40,000) | 1,531,270 | ||||
| Restrictedfunds | 531 | |||||||
| Ârl¡ngtonWayRedevelopment Fund |
10.979 | (439) | 10,540 | |||||
| Theatre'Redevelopment Fund | 200,665 | - | (8,674) | _ |
191,991 | |||
| FF&E Refurbishment | @(z,sle) | - | 1,703,s34 |
| 16. Comparative Fund and Statement | of Finan | cialActivities | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | ||
| forfhe Year | forthe Year | forthe Year | ||
| ended | ended | ended | ||
| 31March | 31March | 3fMarch | ||
| 2024 | 2924 | 2024 | ||
| . | Note | t |
Ê | t |
| lncome | ||||
| lncome from | ||||
| Donations and legacies | ||||
| Sponsorship and donations | 1,000,000 | 1,CIo0,000 | ||
| Rent receivable | 452,A00 | 452,040 | ||
| lnvestment income | 49,367 | 49,367 | ||
| Totallncome | 501,3671,000,0001,501,367 | |||
| Expenditure | ||||
| Charitable activities | ||||
| Depreciation | 137,98;4 | 9,113 | M7,497 | |
| Other. TotalExpenditure |
168,700 30,716 |
11,632180,332 2,519 33,235 |
||
| Unrealised loss on investment property | (40,000) | (40,000) | ||
| Netlncome | 292,667 | 988,368 | 1,281,035 | |
| NetFundsat1April2023 | 1,238,603 | 917,497 | 2,156,100 | |
| Transfers between funds | ||||
| Net Funds at31March2024 | 1,531,2701 | 3,437,135 |
| 3lMarch | 31March | |
|---|---|---|
| 2A25 | 2024 | |
| Within'1year 2-5 years over5years |
Ê 333,189 1,471,473 |
€ 320,374 1,369,826 |
| Total | 1 | |
| 1 |