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|||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|
##
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||||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||
|||,||||+||
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||||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|
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|||
|---|---|
|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|
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|Suort Ct||
|---|---|
|pp oss|YearEndedYear Ended|
||31March3lMarch
2025
2024
ÊÊ|
|Bank andcreditcard charges
Governance costs|635
o
560
15
7|
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|Restricted||
|---|---|
|lntangible||
|assets|Total|
|t|â|
|216,376|216,376|
|2ß,316||
|---||
||-nffi|
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|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|
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|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|||
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|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|
##
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##
|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|
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|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|
##
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|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|
##
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|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|
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||3lMarch|31March|
|---|---|---|
||2A25|2024|
|Within'1year
2-5 years
over5years|Ê
333,189
1,471,473|€
320,374
1,369,826|
|Total||1|
|||1|