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2025-05-31-accounts

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CHARITIES NAME : LINCOLN FILM SOCIETY

TRUSTEES REPORT ON THEIR ACTIVITIES

UP TO THE FINANCIAL YEAR ENDING 31 MAY 2025

List of the Lincoln Film Society Trustees

Richard Hall, Chairman ; John Rossington, Treasurer ; Ivor Davey, Ordinary Member ; Paul Frodsham, Ordinary Member and Ray Longmore, Ordinary Member

The Actions of the Trustees

Ivor, Paul and Ray, collectively visited Sue Firth, who is the designated Administrator for the Lincoln Film Society, at her home on Wednesday 17[th] December 2025 at 14:30hr.

Sue showed us how she keeps all the Lincoln Film Society Membership Records safely locked away.

Sue has a separate sheet for each member of the Lincoln Film Society, which she generates when each year’s subscription applications start being received. This happens when the Lincoln Film Society Membership opens that year for existing and new members.

During this procedure, Sue cross references her membership data with John Rossington, the Lincoln Film Society’s Treasurer.

Sue keeps the previous year’s records for two years and then they are destroyed.

Briefly, the Trustee’s main duties associated with the Lincoln Film Society are as follows ….

Make sure that the Lincoln Film Society is doing what it was set up to do in its Governing Document and no other purpose.

To ensure that the Lincoln Film Society’s purpose both now and in the future is as it is set out in the Governing Document.

Plan what the Lincoln Film Society will do, and what it wants to achieve.

PF – Lincoln Film Society LFS – Trustees Report on their Activities up to the Financial Year Ending 31 MAY 2025 – 20260304

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The Trustees Six Main Duties : As set out in the UK Government Guidance for a Charity Trustee

  1. The Trustees of the Lincoln Film Society will ensure that it is conducting its purposes for the benefit of its members.

  2. The Trustees will comply with the Lincoln Film Society’s Governing Document and the law.

  3. The Trustees will act in the Lincoln Film Society’s best interests.

  4. The Trustees will manage the Lincoln Film Society’s resources responsibly.

  5. The Trustees will always act with care and skill.

  6. The Trustees will ensure that the Lincoln Film Society is accountable.

PF – Lincoln Film Society LFS – Trustees Report on their Activities up to the Financial Year Ending 31 MAY 2025 – 20260304

INCOME and EXPENDITURE ACCOUNT PERIOD ENDED 31st MAY 2025

2025 2024
£ £
INCOME
Members' subscriptions 11,654 11,337
Temporary members 0 0
Raffles 536 532
Sponsorship 0 0
Miscellaneous 160 12,350 158 12,027
EXPENDITURE
FILM SCREENINGS
Theatre Hire 5,970 4,524
Films Hire 2,010 7,980 1,800 6324
OPERATING
Programme notes etc 501 361
Brochure, Web-site 1,451 734
Film viewings, Travel 530 502
Affiliations, subscriptions 95 95
Printing, Stationery, Admin 0 0
Insurances 155 176
Audit 0 0
Miscellaneous 0 2,732 77 1,946
OPERATIONS SURPLUS / (DEFICIT) 1638 3757
SPECIAL EVENTS - Summer Seasons
Subscriptions - Income 1,350 1,726
Events expenditure 1,792 1,667
Surplus / (Shortfall) -442 59
TOTAL SURPLUS / (DEFICIT) £ 1,196 £ 3816

BALANCE SHEET 31st MAY 2025

2025 2024
£ £
ASSETS
Fixed
at cost less depreciation
at cost less depreciation
Screen, Equipment 0 0
Current
Bank accounts - Current 16,592 14,693
Deposit 10,347 10,187
Cash 292 166
Prepayments 27,231
0
25,046
0
27,231 25,046
LIABILITIES
Creditors 2,325 1,125
Advance Subscriptions/Sponsors 473 683
2,798 1,808
NET ASSETS £ 24,433 £ 23,238
FINANCED by
SOCIETY FUNDS
Films Fund
Balance from Previous Year 13,348 9,532
In year surplus/deficit 1,196 3,816
Balance 31st May 14,544 13,348
Screen & Equipment Fund 9,889 9,889
24,433 23,238
TOTAL FUNDS at 31st May 2025 TOTAL FUNDS at 31st May 2025 £ 24,433 £ 23,238