WESTBURY ARTS CENTRE
la company Ilmlted by guarant•el
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2025

WESTBURY ARTS CENTRE
{Llmlted by Guaranteel
ONTENTS
Page
Legal and Administralive Inlomalk)n
Rgport of the Trust888
Independent Examiners Report
Slalèmenl of Financial Activities
Balance Sheel
10
Notes lo the Financ￿1 Slalemenls
11-18

WESTBURY ARTS CENTRE
{Llmited by GyAr8nt&g1
LEGAL AND ADMINISTRATIVE INFORMATION
TRUSTEES
M8 K81herine Hllary 8ull
Ms Ruth Frances Cribb
Mr Davi*J Wllliam Harboy
Mr J058ph Liltle
Ms Lindsay Clare Neal8
Mr Williarn Ralph Vvheeler
Mr Jonathan Spencor thittla lappoinled 1 July 20251
Ms Toni Mari• Holland (appo1nt￿ 10 October 2025)
Mr David H8rbey (Resigned 31 M8y 20261
REGISTERED OFFICE
Vveslbury Farm
Foxcoverl Road
Shen￿Y Wood
Millgn Keynes
MK5 6AA
CHARITY NO
1151531
COMPANY NO
08328547
INDEPENDENT EXAMINERS
Tearte & Carver LSmlled
Ch8rler&d Accounlanls
Chandos Hous•
School Lane
Bu¢kingham
MK18 IHD

WEST8URY ARTS CENTRE
(Llmited by Guarantso)
REPORT OF THE fRUSTeES FOR THE PERIOD ENDED 310ECEMBER 2026
OBJECTIVES ANO ACTIVITIES
Westbury Arts CenlTe saeks lo inspire peoplè in Milton Keynes and the surrounding area lo live more
creative, happier and healthier lives through the provisbn ol workshops. studio hire, axhibillons and events.
1116 slluatgd near Shen￿Y WoDd In extengive gr¢Junds that date back to m￿leVa1 times. The main bulldlng
includ&s 17th century, Viclorl8n and mid 201h century elements akingside a Victorian-era barn ancl part of the
orlgbnal moat.
11 is tha home for th8 W&slbury Fabric a￿1 FI￿0 Guild and wlhin the grouThl8. 11 h0518 th& Weslbury B8
Group and Plantlng Up Milton Keynes,
Weslbury Arts C8nlre 18 a hub which nurlures crealivily. 8UStainabilily and heritage, playin9 a key rolo in the
ambition for Milton Keynes lo be a 'Crealive and Cullural Clly.
The only arts organisalion in the western expansty)n area ol Milton Keynes
Supports the artistic practlce of 19 r&sldenl artists who rent studios and contribute to thé 8rtl$lic
fabrfe ol Milton Keynès
Champhons artlsts Iwilhin and outside the Centr81 by Supporting them in developin9 thelr practKe.
luloring. and provlding exhibition opportunit￿S at an affordable prlce
Pfovides a place where anybody Can Come and explora a wide range of crealfve endeavours from
fin8 arts, crafts, sustainable gardening and beekeeping
Flourishing finandally in responsa to d¥￿￿alld from our communities
Programme ol Uflalive workshops open lo all lo inspire crealivSly. develop skills ond support
wéllbglng
Provides voluntéeiing opportunitiès Ih31 holp f8du¢& so¢ial iso18tion 8ncl bulkj ¢onfidèn¢$ and self-
esteem
Works In partnership wlth olher commufjity-based organlsallons to extend its reach
Achlevem•nts and Perfom)ancè
2025 was a very succegsful yèar through the hard work and ¢ornmilment of staff, artlsls volunteers and
Iru$le88. The Arts Centre thrived with high levels of studio oecupancy. an expanded and well allended
workshop programme end a consistently huh level of room bookings.
Our events were highly successful including 8 competition for young people al school, The Milloll Keynes
Open. and events that supported local makers and craftspeople sell thair product5 through our participation
In Heritage Open Days and Winter Markgt weekends. We811￿rY resident artis15 Showcased their work durln9
Bucks Art Wgeks alongside other local art151s.
Special thanks is extended lo our volunteer gard8fts team who have maintalned the grounds In excellent
condilbn suppoth'ng wildllfe conserv811on.
We were pl&as8d lo be able to 8UPPOrt the Mlllon Keynes Clly Councll delivery of fee•fre& wg11-being
workshops lo local residenls by way ol free and reduced-rale room ienlal. We were also pleased ¢fler our
exhibition ar88s on g lee-free besls lo Milton Keyn88 Co118ge for thèir annual exhibFtlon ol sludenls work.
A buildlng of the age of Wesibury demands regular m8inlenan¢e and durfng the year the healing has been
improved In the public 8reas and in some studios. The WFI ha8 been upgraded in the publ1¢ areas, inclu(thng
our bam gallefy. We were graleful for the conllibulion of our lanthtrrds. Milton Keynes Development
Partnershlp to the ￿$ts ol repair and maintenan¢• ol our buildings and driveway.
We are delighted by the p0511ive Support of our landlords lo our future plans.

FINANCIAL REVIEW
Flnanclal Revlew
In the p8rk)d lo 31 December 2025. the Company m8de a surplvs of £635 which was adde¢J lo Total Funds.
The totsl atnounl ol funds carried forward 3mounls lo £52,024.
Whilst Income tsom sludio hir¢ remained strong with 97010 occupancy. we 81so saw continued strong demand
for m•eling rooms
lypically lor local 8rtists lo deliver arts and crart8 aclivllles. Weslbury managed
workshops showed a signllicant increase In numbers allendlng.
The ¢08ls ol running Weslbury as a property 8fè18rgely fixed 8nd were broadly Ilal except lor rgpairs and
maintenance. Asklè from d8y-lo-day repairs and Tenewal8, further sluOS0s ware refurbSshed durlng the year,
The company's reserves polley is to retain a rninimurn ol three 19 Six months &xpendilur8 in line wllh Charity
Commlssion guldellnes.
STRUCTURE GOVERNANCE AND MANAGEMENT
Structura, Governance and Manog*m•nt
The organisatlon is a charitable company Iltnll8d by guarantee, ￿corporated on anij r￿lS1￿red as a charity
on 12 December 2012. The COmP8ny be9an Its charitable aclivilie5 on 1 Aprll 2013.
The charlly was created by it6 Mernorandum of A5socl8tlon which 8slablished the oblecls and powars ol the
charitable company 8nd Is governed under ils Articles ol A550¢13t￿n. The full list of Truslees who served
duriry the period Is shown on page 3 togèther wth Trustee5 appointed up lo the dale ol preparation of this
Report.
The Tru81ees meet regul8rly 88 an executive board and are advised on all malorial mallers as they occur.
They lake decisio>ns on thè various projects the ch*¥ily undertakes.
Governlng document
The organlsallon Is a chaillable company limited by guarantee. incorporated on 12 Decembei 2012 and
register8d 88 a ¢h8rlty on 6 April 2013. The company was establishe¢J undei a Memorandum ol Association
which establishèd the objects and powers Df the charitable comp8ny And is governed under Ils Articles of
Associ81ion. In the event ol the cornpany being wound up memb￿9 are requlred lo contribute an amount nol
exceedlng £15.
Mernb8rship ol the company is open lo any Indlvidual over the age 0118 inler?sled in promoting ils oblectives
and each of whom will have..
applied lo the Company in the form required by the Tru81e88
been approved by the Trust89s. vhose d8cision shall be flnal
Organ15atSonal structur•
The Board ol Trustees is responsible for overall control and re8pon81bi1Sly loi poll¢y and major deeision
maklng.
Trustees have specific areas of responsibility including Properly and Grounds, Finance. Marketing and
Communications, Creative Engagement and rewrt lo the Board on a regular basis,
One part time employee provides marketing and admlnlslrative support l¢X Weslbury. A second part time
employee undortakos th¢ role ol hoLtsekeoper. Malor evenl organisation has been supported by a freelance
resource and volunteers. The lru8lees sèèkbng Its r8¢rull a lurther part lime employee lo provpje
8dminislralivo support,
Major rlsks, revlows and systems to mltlgate rlsks
Poli¢les and pro¢edures are reviewed annually and new pollci¢s and procedur8s ale reviewed and
approved as required. coverlng.
Pollcles..

Finance Includlng-
reserves poll¢y
internal charily financial contro18
truslees expgn8e3 polScy
Bullying and Harassment
Cornplainls poll¢y & procedure
Health and Safely
Risk Management
Saleguardlng
Serious Incident Reporting policy & procedure
Trustee conflicts 01 interest
Volunteer Management

Trustoeg. Re5ponslbllltle5 In relatlon to the Flnanclal Statements
Company U2w requires the Trustees lo prepare linancial slalemenl¥ for ga¢h financial year which gNe a true
and lair view ol Ihe stale ol affairs of the charitable company and of the profil or loss of the company lor Ihat
year. In preparing these financial staternenls Ihe Trustees are required lo..
sele¢t suilabl¢ a¢¢ouiiling poli¢ies and then apply them conslslenlly.
maks judgements and estimatés that are reasonable and prudent,.
prepare the financial slalements on the going CQTrnGein basis unl888 il Is Inapproprlale lo presumè
that the charitable company will continue in busine58.
The Trust888 8re r88ponslbla for k88ping proper 8ccountlng r￿rdsWhlch disdose with reagonable accurgcy
al any Ilme the lin8nci81 pos¢tion of the company and enable them lo ensure Ihal the Financial Slalem8nts
comply wth the Companies Ad 2006. They have general responsibility taking such yteps as are
re88t)n8bly open lo them to $818gu8rd the 8ssèls ol tha ch8rrtablè company and lo prevènt and detect fraud
and other irregu1arilies.
Th18 report h8s been prepared in 8ccord8n¢e ￿th the small Compan￿8, reglme Under the Compgnies AGI
2006.
Approved bylhe Board on.................
and slgned ¢)n Ils beh8lf by
le- Chair of the Board of Trustees

WESTBURY ARTS CENTRE
(Llmlted ty Guaranteo)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WESTBURY ARTS CENTRE ILIMITEO
Y GUARANTEEI
I report on the accounts of the ¢ompany for the year ended 31 December 2025 whlch are sel out on page5 9
to 16.
RespectEve r•spon51bllltles of trust•95 and examlner
The th8rlly'5 Iruslees are respon$ible for the prepBr8tIc￿ ollhe accounts. The charity's Irustèas consider that
an audit Is not required for thi8 year under sèction 144 01 the Charlllès Act 2011 Ilhe Ch8rilie8 Act) and that
an independent examlnalion is needed.
It is my responsibility lo..
exarnine the accounts under section 145 tsf the Charities Act,
to follow the procedures lald d¢)wn in the general Diredions given by the Charity Commisslon lunder
section 1451511bl of the Charities Act. and
to slate whelhei partrcular matters havè come lo rny altenlion.
Basls of Independent •xamln•r'$ report
My exarninalion was Carried Dut in accordance with general Directions gwen by the Charity Commission. An
Èxamination includes a rèvièwol Ihe aC￿unting rècords kept by the charity and a compar190n of the 8cGounls
preserTrled with those records. 11 also includes consideration ol any unusual items or dis¢108ures In the
accounts, and $eekin9 explanations from the trustees coneernSng any such m8tter8. The procedur?5
undertaken do not providè all the evidence that would be required In an audit, and Consequent￿ no opinion
18 given as lo whether the ac¢ounls presenl a 'true and lair, vlew and the rnpDrt 15 limited lo those malleis sel
out in the $lalemenl below.
Indopgndfynt gxamlner's statement
In conneelion with my examinallon, no rnalter has come lo my attention
1. whlch gives ma réasonable cause to believe that In, any material rèspect, the requir8ment8',
to keep accounting records in accordance wth seclion 130 of the Charities Acl., and
lo prepare accounts whlch a¢wrd with the accounting records and comply with the accounllng
requiréments ol the Charities Ad have not been met., or
2. to which, In my opinlon, 8ltenllon 8hould be drawn in order to enable a proper understanding of the
accounts to be reached.
Tearle & Carver Limited
Chartered Ac¢ounlanls
Chandos Hou$8
School Lane
BUCKINGHAM
MK18 1HD

WESTBURY ARTS CENTRE
ILlmll•d by Guarant•è
STATEMENT OF FINANCIAL ACTIVITIES
{INCLUDING SUMMARY INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 31 DECEMBER 2025
Moto
Unrostrlcted Restrlctgd Total Fund$ Total Funds
Funds
Funds
2025
2024
INCOMING RESOURCES
Incoming Resources from Generated Funds
Inve8lmenl Income
1.043
1.043
657
Incoming Resource8
from Charitable Actiwlies
114,585
114.585
118,598
TOTAL INCOMING RESOURCES
115.828
115.628
119,255
RESOURCES EXPENDED
Costs ol Generatiro Funds
Charitable Acllvllies
Governance Costs
71,056
43.937
71,056
43,937
66,248
34,678
TOTAL RESOURCES EXPENDED
114,993
114,993
100,928
NET MOVEMENT IN FUNDS
635
635
18,329
RECONCILIATION OF FUNDS
Brought forward
SurplusllDeficill lor the Year
51,813
635
51,813
635
33,284
18,329
52,248
52.248
51,613
The Company has no rec¢gnised gains or losses other than the surplus lor the periods above.

WESTBURY ARTS CENTRE
(Llmllèd by Guarantee)
Company No. 8328547
BALANCE SHEET- 31 DECEMBER 2026
Not•
2026
2024
NON-CURRENT ASSETS
Fixed Assets
554
636
CURRENT ASSETS
Oebtors
69
2.783
Cash and Bank
67,245
54.800
67,314
57,583
CURRENT LIABILITIES
Creditors.. amounts falllng due
wllhin on& year
10
15.620
6,6C
NET CURRENT ASSETS
51.694
50.977
TOTAL ASSETS
52,248
61,613
REPRESENTED BY".
FUNDS
Unreslricled Reserves
Re51ricled Reserves
52,248
51,813
52,248
51,613
For the financial perlod ended 31 December 2025, the company wa8 ènlilled lo exempllon from 8udil under
secllon 477111 of the Companies Acl 2006., and no notice ha5 been deposited undw section 476111 requesllng
an audll. The dlreclor a¢knowledue$ h1$ responslbllilles for ensuring that th& company keeps accountin9
iecords which comply ￿th section 388 of Ihe Act and preparing Bccounls which glve a true and lair view of
the Stale of affairs ol Ihe company as at th8 end of the year and ol [1$ profil or10g8 lor the Iinon¢ial year In
aceord8ncè with the requirements of section 394 and which olherwse CoM￿Y with the Companies Ad 2006.,
so far as applicable to the compgny.
The financial 8lalèmenl8 have been wepared in accordance with the provlslons appllcable to companlas
suwecl lo the srnall Compan￿5, regime under the Companies Act 2006 and wlh Ihe Financial ReportiTrJ
Standard for Smaller Entities (effective April 20081.
App
ved by th? Board of Trustees on .
and slgned on Ils behalf by-.
Tr
lee J Little
e notes on pa￿$ 1110 16 lorm an integral p8rt of Ihe8e fin8nc181 s18ternents.

WESTBURY ARTS CENTRE
ILlmllo(J t>y Guar4nleol
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2026
11 Prlnclpal Accounllng Poll¢le
a} A¢¢ountlng Conventlon
The financial statements of the charllable company, which is a publlc benèfit under FRS 702, have
been prepared in accordanee with th8 Charities SORP IFRS 1021 'Aecounting and Reporling by
Charlties.. Statement ol Recommended Praclice applicable lo charllies preparing their accounts in
ac¢ord8n¢8 with the Flnancia5 Reporting Standard applicab￿ in the UK and Republic of Irel8nd IFRS
1021 leflective 1 January 20151,, Financial Reporting Standard 102 The Financial Reporting
Stsndard applicable h the UK and Republic o15reland' and Ihe Companie8 Act 2008. The finanual
slalemenls have b8en prepared under the hisloricgl cost wnvenlion.
bl Ca$hflow8
The financfjal $181emenls do not include a e8sh flow slalemeiil becau$& th8 ¢h8rily, as a sm811
reporling enlily. is exempl from the requlretllenl lo prepare such a slalemenl under the Finandal
R¥ptsrting Standard for Smaller Enlilies leffeGllve April 20081.
¢1 Fund Accountlnu
Funds held by the Charily are either-.
Unreslricled funds are available lor use al th8 discrelion of the Trustees In furtherance ol thè
general objectives ol the Charity.
Reslricled fund8 ar6 8ubjecled lo restrictions on Iheir expendrture imposed ty Ihe donor OT
through th¢ lerms of an appeal.
dl Incomlng R•sour¢es
All incoming resourcas ar¥ included in the slalemenl ol finan¢ial activities when the charity is enlrtled
lo the income and the arnount can be quantified with rèasonable accuracy. The following specific
policies are applied to partiGulai categories ol income..
Voluntary income is rocolvgd by way of grants, donations Bnrl 91ft8 and Ss included in lull in the
Slalernenl of Financial Activities when reeeivablé. Grants, where enlillemenl is not condilion81
on the delivery Of a Specific perlomiance by Ihts charity, are recogni$ed when the charity
becomes uncond'lion8lly gnlilled lo the grant.
Inveslmenl incorne is included when recewable.
IncomSng resources fiom grants. where relalgd lo perfomiance and speciflc deliverables,
are accounted lor as the charity earns the right lo consideralion by ils perf￿rnanCe.

WESTBURY ARTS CENTRE
(Llrnltgd by Guarant&g1
NOTE8 TOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 202S
Icontlnugdl
el Re$ourc&s Expended
Expenditure is recognised on an accruals basis as a liabl1￿Y is incurred. Expenditure 15 inclusive of
VAT which cannol be recovered, anEI 13 reported as part of Ihe expendilurg lo vthkh11 relal&s'.
Cos1$ of generating funds ccmprlse the cosls associated wEth 8llractlng voluntary Ir￿Me.
Charllable eKP8ndllur8 ¢omprlse$ those co818 incurred by the eharity in the dèlivery of Sts
aclivilies and servt89 for ils beneficiaries. 11 Includes both costs that can be allocated directly lo
such activities and those costs of 8n Indlrecl natu￿ ne¢e3sary lo support them.
Gov8rn8nce costs include those costs assoclated wrth meeting the conslilulional and 81alulory
requirements ol the charity and costs linked lo the slralag1¢ management ol the eharity.
AII co818 are allocated belween the expenditure categories of the SOFA on a basis design*J to
reflect the use ol the resource. Costs r@laling to A partlcular actlvbly are allocated directly,. others
are aPPOrtloned on an appropriate basis.
n Depreclatlon
Depreciation 18 provlded on tangible fixed 8ssel8 so as lo write oll the cost ￿ valuation. 1¥s$ any
ostimatgd r¢$idu81 valL¢O, over Ih¥'r expected useful economlc life as follows..
Plant and M8Ghlnery
20% reduclng balance basi8
21 Legal Statvs of the Charlty
The Charity is a cornpany limited by a guarantee and has no share capllal. Thè Ilablllly ol each
member ID the event of windln9-up is limiled lo £1.
31 Trustegs R&muneratlon
M8mbarg of th8 Board of Trustees receive no remuneration for thelr servkes. Travgl and meetlng
expen8e$ were r8lmbur$8d during the year.
41 Investment Income
Unr$strlcted Restrlcted
202S
Total
2024
Total
Bank Interest
1,043
1.043
6S7
1,043
1,043
857

WEST8URY ARTS CENTRE
ILlmlled by Guaranteel
MOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
Icontlnuèdl
51 Incomlng R•sourcos from Charltablg Actlvitlgs
Unrestrlctod Restrlcted
2026
Total
2024
Total
Workshops & Evènts
Studio Hlre.. Sludlo
Studio Hlre.. Room
Sundry Income
Commlssion on sale
Voluntary Income
54,837
30.495
26,058
2,764
37
393
54,837
30,495
26.058
2,764
37
393
61,048
29.025
25,828
1,827
533
336
114,585
114,585 118,597
13

WESTBURY ARTS CENTRE
(Llmltod by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEM8ER 2026
Icontlnuedl
6} Charltable Actlvltles
Unr•strlcled Restrlct•d
2025
Total
2024
Total
Event expenses
Event Expèndituro.. Workstrh)p8
Fire & SecurSly
Heal & Light
Domestic rale8lWater
Repairs & Renewals
Per30nnellFreelance
Publicily Marketing
Cleaning
3,337
27,455
4.903
15.023
463
12,948
2.850
208
3.868
3,337
27,455
4.903
15,023
463
12,948
2,850
208
3,868
1,412
24,462
3,498
17.611
870
18,394
71,058
71.056
66,247
71 Govgrnanco Co$t$
Unr8Strl¢l¥d Reslrlcted
2026
Total
2024
Total
Administration staff
Office cosls
Office consumables
Telephonellnlernel
Insurance
Licences & Subscriptions
Web511e costs
Legal & ProfesS￿)nal
Bank charges
Depiecialion Charg8
Volunteers
Sundry
29.633
596
119
1.039
948
904
1,020
8,420
t.176
82
29.633
596
119
1,039
948
904
1.020
8,420
1,176
82
27,939
54
1,765
92S
603
480
1,125
1.098
103
586
43,937
43,937
34.678
14

WESTBURY ARTS CENTRE
ILlmbted by Guaranteel
NOTES TO THE FINANCIAL STATEMENTS FOR THE YeAR ENDED 31 DECEMBER 2026
{Contlnuedl
8) Flxed Assots
Pl8nt &
Macknln•ry
2026
2024
Total
Total
COST
Al 1 January 2025
Additlons
Disp0581
3,993
3,993
3.993
Al 31 December 2025
3,993
3,993
3,993
DEPRECIATION
Al 1 January 2025
Charge for the Perlod
Eliminaled on disposal
3.357
62
3,357
82
3,254
103
Al 31 December 2025
3.439
3,439
3,357
NET BOOK VALUE
Al 31 Oecgmbgr 2025
554
554
636
Al 31 December 2024
636
636
739
91 Taxatlon
As a Charity, WeslburyArts Centre is exempl frem lèx on income and gains falling within Secllon 505
of the Taxe$ Acl 1988 or S256 of the Taxation of Chargeable Gains Act 1992 to Ihe extent that these
are applied lo 115 charilable objecls.
No lax charges have arisen In the Charity.

WESTBURY ARTS CENTRE
ILlmlted by Guarant•el
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2025
101 Credltor8
Amounts lalling due within one year..
2026
2024
Crèthlor8
Accruals
6,054
9,568
554
6,052
15,620
6,806
11) Government Asslstsnca
MK Developmgnl Partnership allow the Cornpany free use of the preml88S 83 part of the MK Arts &
Herilage Project. No value has been attdbuled lo this in Ihe accounls.
12> Ultlmate conlrolllng party
The uttimale conlrol over the charily Is in the hands of its Trustees, as of 31. Decgmber 2025, thl
was Ms K Bull, M8 R Cribb, MT J Little, Mr O Harbey, Ms L N8al•. Mr WR ￿ee￿r
131 Staff costs
The average m¢)nlhly number of fUl￿tIMe equivalent employees during the yèar was as follows..
2026
2024
No employees received emoluments more than £60,000.
16