nd 202 for eatre Pi tions Maximus Accounlancy Services Limiled 47 Kensinglon Road Chichester Wesl Sussex P019 7XS Th￿tre P" Or ￿ Preservation SOCÈ f th Page Refereuce and Administrative Details Report of the TruM¢e$ Tndependent Examinevs Report Sthtemenl of Financial Activilies Balan¢e Sheet Note$ to the Fin￿l¢la1 Stsiements 7 to 11 Detsiled stsiemenl of Fitlancial Activities 12 Theatre Pi Or all Preservatiotk S(Ki Reference and Administrative Details for the Y&ar Ended 30 June 2025 TRUSTEES M J WIM)IdTidge Mt5 W J Baker Mrs D S Jenkins PRINCIPAL ADDRESS An5ty House Henfield Road Smau thle Wesl Sussex BN5 9XH REGISTERED CHARITY NbiMBER I160194 INDEPENDENT EXAMTNER Maximws Accountancy 8ervi¢es Limited 47 Kcn5Rti8ton Road Clxichesler Wesi Sussex P019 7XS BANKERS Lloyds Bank Haywards H¢Ath West s￿seX Pa2¥ 1 Theatre Pi Oroan Prexervation Societv Re ort of tlie Trustees for the Year Ended 30 JLtne ?025 Thc trustees present their report wkth 1he fmatLcial ￿ateMen18 of the Ch￿IlY for the year ended 30 J￿e 20?5. The trustee5 have adopted the provisions of Accoutttllig aDd Reporting by Charities: Statement of Recoinmended Pra¢tic applicable to chatiti¢s preparing theyI accouuts in accordance with the Financial Reporting Siaudard applicable iu the UK and Republic of Ireland (FRS 102) {effective l January 2019). OBJECTIVES AND ACTIvI￿s Objectives and aims The charity w&$ formed on 28 January ?015 with the objective Io PTomoie. improve. develop and n￿ints1ll public educaiion in and appreciation of theatre pir￿ organ music by. inter alli the aquisilion. main¢eDance ond presewaiion of organs and the trainin8 and thcation of youn8 musicians who wish to Icarn the skills of playing Éheotre pipe orga￿. Public beD¢flt The tsuslees have complied with the duty in 8edioD 4 of the Charitics Aci 2011 to have due regard lo guidauce published by the Charity Colljmission, including ￿lId￿llee on Public Benefit. ACHIEVEMENTS AND PERFORMANCE ChArltxble octivities We l]avc been dis&ppoinled that aitendance numbers al our events have not ri¢*n &% much as we had hi)pcd they would during the last ycttr, resuliing in s¢Jme events not covering thew costs, though, on the whole. our Wurlii/.er I'ea Dojices hav¢ continued lo provide an inLome lo help fowards the cosl of ￿ll￿1ng our TPOPS Acadeniy. We liave also been very fortuna￿ to have received some germtss donRtions in th¢ yew. We have been dcliBhted wilh ovr TPOPS Academy now it has bLxlded io at ￿'gh S¢liooL havillg on]y moved there Inst ycar. Siiproll and enthusidsin from 5tsff at all IL'vels in the scbool has I￿) exccllcnt and we have a g()()d numbcr of young people leurning the art of playing the theatre orgatL with some already able to mAkc ￿nall ewneo perfonn3nces in concert5. FINANCIAL REVIEW FIDanLiMI p051tlon the year ttie charity pul on 28 ￿ellts (2024 30 events) 8eneraling ticket receipts. of £16207 (2024 £18.426) aad rtteived dunaliotLS of £12,920 (2024 £8,044). ExpenditurL' on Organis￿ printing tickets. poslets and flyers lotalled £13,844 (2024 £17.1164) providin8 a nel sutplus of £2.-363 (2Q24 £562) lo support the costs of ruJ]ning th¢ Acad￿rY. These amowilcd to £10.519 (2024 £8.142). iDcluding .support cosls. giving o nel SUTplus on unrestri¢led funth for tlie year of£4,764 (2024 net deficit 01£7,678). In addition. d¢preciation of £2.315 (2024 £2.315) has bL*'n chHr¥L.d against the endowment fund glving an overall surplus for the year of £1449 (2024 ovctall defjcit of £5.993). Re.$L'rves pvllcy surp1￿8 funds. are hLld ID cash on the l.loyds Bank account and S￿ unrestricted funds available to meet tiiture cosls a¥ they arise. The orga￿% ate considered lo be endowmenl fimds and held as long lerni ussets of the charity. At the of the year unr&%tricled reserves amounted to £15.141 (2024 £10.377). On thi's basis the trus"lee5 Lonsidcr the level or unre¥trided reserve$ to be re*￿ttabl¢. Prlnclple rtsky and un¢ertiinti¢s The ptinLiple risks and uncertainties facing the charity are attendanc￿ al the concerts and lea dances alld major works being teqiiired (o thc orgarL8. Th¢ tsmstees miti8ale these risLs thtOU8h c¥￿¢￿] manM8¢me#t of advanLc ticket sales, promotions, advcrt15ins and appropriate OT8anisls. Regular mainlenance of the ()r8gn8 gua￿8 againsl major ouilays on the organs. STRUCTURE, GOTrTRNANCE AND MANAGEMENT Governlng dorumeat The Theatre Pipe Or¥an Preservation Society is constituted &8 a ClTraritable IncoTwrat¢d Org&tiis&tion registered on 28 January 2015. The trustee5 named on patse I have Served from couJmeniemcnL throuoJ the period and SillLe the year end. Appoinlment of trustees is gov¢med by the Coll5tttirtionaI DocuEnent of the Cl￿1￿. whereby the existing tn￿leeS have the power lo appoint fintheF 1n]stees xs require￿ The daj" to day WI￿ of the clwity is carried out by the tnist¢e5, assisted by vohmtary 2th)inistrative alld bookkeeping stsff as Theatre P" Or an Preserwdtiotl Socie rt of ihL" Trustees for the Year Ended 30 J￿1¢ 2025 STRUCTURE. COVEILYANCE LND MLNAGLMENr Recruitmellt and appointment of Leiv trustees If any fi￿be[ trustees were appointe(L they would be iniroduced to their new role aud given copies ofthe Constitulional Docutnent and a guide to the policies and procedures adopted by the cl]aTity. A nutnirr of publicatiOll5 from the Cl￿rity Con]mission would Olso be provided to ¢ll5ure that new trustes would be aware of thc SCO￿ of ihcir responsibilitics under the Chayities Act. Approved by order of the toard of ttustees on 20 Mrs D S Jenkin$- Trustee Page 3 Inde Iknt EKamitEerfs R rt to the TT￿$￿ of an PrL¥eTration S()eietv Independent examiner's reportto the trustees of Theatre Pipe Opdan Preservation Societi: I ieport to the cbarity In￿teeS on my examinats.on of the accounts of Thjectiv¢s ai the discretion of the trustees. Re5tncted fiFn(L%' can only be for particular testricted twses within the objects of the ch￿lty. RestrActions arise when 5T)ecified by the donor or when fim&8 ar¢ taised for [￿rticUlar restricted puTposes. F￿1her explanation of the n&ture and pury)ose of each frjnd is iucludcd in Ihe llotcs lo the fU￿)Cial siatemenls. Debton and creditors re¢eiTr'able/pAi4ble witbln Trear Dcbiors and Lreditors with no staled inietest tate 8J)d receivable or paytble wiihin one year are recorded at tran5aition price. Any losses arising from impairnienl are recogDised as expcnditure. Page 7 Theatre Pi Ortall Preservation Soci Notes to the Finallcial Staletncnts- continued for the YearEllded 30 Juue 2025 2025 2024 Event ticket ￿leS 16207 18.426 CHARrrABLE ACTivrriES COSTS Support Costs {see nole 4) Direct Costs Totsls Acaderny costs Organ preseTvation costs 9.969 1315 550 10,519 2.315 l2,?84 550 12,834 Academy Losts relate to the c￿ts of ptovidin8 Nition al the Theatrc Pipe Organ Preservation Society Acadcmy (TPOPS Acad¢my) and include PAyincnts to th¢ lutoi and the cost ofsecond hand electrunic home organs for tlie us¢ of the.4tudents. SUPPORT COSTS Govcrnance Academy costs 550 GovemLince costs. consists. of amounts payablc lo the Inde￿ndent &xamin¢r of £250 (2024 £250) for ilie independent ¢Xiimination and £.300 (2024 £3¢X)) for othcr 8cwunlanLy services. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, Temun¢ration or other benefits ror the year endvd 10 June 2025 nor for the year ended 30 June 2024. One of the tru51ees, M J Wooldridg4 reccived paym¢nl f(r servi￿5 provtded an or8ani51, as disclosed in E2Ote Tru5te¢s' exp¢Dses There were no InLWtees' expen8es Fold the y¢ar ended 30 June 2025 nor for the year ¢￿d 30 Jvnc 2024. COMPARATTVES FOR TKE STATEME￿ OF FIJYAIYCIAL Acr1vi￿S Unrestricl¢d Endown]cnt fijnd f￿d Total INCOME AND EIYDOWMENfs FROM Donations and legacies 8.044 Other trading a￿1VItieS 18,426 18.426 Total 26,470 26,470 EXPENDITURE ON Rdi5ing funds 17.864 17,864 Page 8 conkniucd... an Preserwdtion Socie otes to the Finallcial Statements- continued for the YearEnded 30 June 2025 COMPARA TIVES FOR THE STATEMEiYf OF FINANCIAL AcfiviTIES- continued Unrestric￿{ ElldOWn￿llt fijlld fund Total fimds Cbaritgble activitses Ac2demy cusls Organ prese￿atiOn costs 3.142 4.142 8.142 6,457 Totsl -10.148 2,315 32.463 14IET INCOMEI(EXPENDITURE) (3,678) (?,315) (5,993) RECONCILIATION OF FUNDS Total funds brougbi forward 14.055 255.110 269.165 TOTAL FUNDS CARRIED FORWARD 10.377 252.7415 26.3,172 TANGtBLE FIXED ASSETS ThealricR] pipe organs COST At l July 2024 and 10 Juoe 202S 269,000 DEPRECIATION Ai l July 2024 Charge tor ye 16.205 2.315 At 30 Jun¢ 2025 18.520 ET BOOK VALUE AI 30 jL￿¢ 2025 250.480 At 30 June 2024 252,795 "rhe charity owns two theatrical Pl￿ org￿$ and ODC electronic organ ivliich were donated iu the charity by Mr Milliael Huni by way of 8 decd. The organs were valued by the donor al the dale of the gift bns¢d on h3% knowlcdge of the market. The valuation of the organs M'ill be reviewcd perioth'Lully by the Itusteo4'. Page 9 Theatre P" Oroan PreS￿Vation Soci Notes to the Financial Staien]ents- tODtinued for the Year Ended 30 Junc ?025 DEBTORS: AML OUNTS FALLING DUE wrriIiN ONE YEAR 2025 2024 Trade debtors Other debtors 1.522 2,735 2.204 356 4257 ?.560 CREDITORS.. AMOUNTS FALLD4G DUE WITHIN ONE YEAR 2025 2024 Oth¢r creditors 1,641 2,585 io. MOVELIqENT IN FUM)S N¢t movement in funds Ai 30.6.25 At 1.7.24 Unrestrlcred funds General Liind 10,.177 4.764 15,141 Endowment thnds F.ndowmcnt fi￿dS 252,795 (2,315) 250.480 TOTAL FUNDS 263,172 2,449 265,621 Nel movement sn fiwd8 includcd in the abov¢ aTe as follow5.' 1￿C￿ning resources Resourceg cxpended M(IveiiiLlIt in funds UDrestrlcted fund$ Generdl fiwd 29.127 (24,363) 4,764 Elldvwmellt fun(Ls End(iivincnl liJnd5 (2.315) (2J15) TOTAL FUNDS 29.127 (26.678) 2,449 Page 10 ontiuued... ThralTe P" e Or all Pr&qLYvxtion Socie Notes to the Financial sL￿e[￿ents- eoutinued for the Y&]r Ended 30 June ?025 io. M0VEj￿￿T IN FtSNDS . continued Comp4fatives for movem¢Mt Nei movement iu funds At 30.6.24 At 1.7.23 Unrestricted General fiu 14.055 (3.678) 10.377 Elldoiwment funds End￿￿Ta￿lt fund 255,110 (2,-315) 252.795 TOTAL FUNDS 269,165 (5,993) 263,17? Comparative nel movement in fund% illcknd￿ in the dknve are as follows: Tncomin8 re￿u[c¢S Resoutccs Lxpended MovLment in ￿ndS Ullre%rrlcted funds General fund 26,470 (10,148) {.3,678) Endowment funds Fffjdownthl fiukds (2,315) (2,.315) TOTAL FUThDS 26.470 (32.46.1) {5,9931 Endowment funds Consi￿ of lh¢ value of the organs srftled to the charity at its inception. TJ)e endowmcnt fund represents those &SX15 which musl k bcld pemi¥llenlty by the charity. I￿oIne aTisin8 011 the endowment fund ¢an bc used in accordonce Thith thc objectb of the Chi￿lty and 15 included as unresui¢ied income. Any capila] gaits$ or losses arising on the endowment fund investments form part ot tbL. fund. lJiirestricled funds conslst of retained surpluses to dale. Unreslricled funds C￿7)prise those fimds which the truslecs or¢ free lo use iii uccordauce with the ch8n'table objectives. ii. RELATED PARTY DISCLOSURES M J Woolctridge, a tste< hos becn paid fec5 tolalling £11,145 (2024 £8.340) for Ihe ye2T for his services perfonlling as an organist at evenl& and for providing organ tuition at the TPOPS Academy. The truslccs ¢onsideT that the fees have becn charged at an rn's len8th rnte for the services provided. Thc bAIRnce duc al the year ettd nil (2024 nil). t￿Ing the year the charity received donations from the trIL*es totallin8 £10.(¥)0 (2024 nil). Pasell Theatre P. Or an Ptcservation Societv Detslled Sktetnellt of Finan¢ial Activities fo e Yw Luded 30 Julle 2025 ?025 2024 Donatlons I￿a¢le$ Donations 12,920 Other tradlng HcilvtUe$ Evcnt ticket sal¢s 16,207 18,426 Tothl Incoming res￿urceS 29,1?7 26,470 EXPENDITURE Ratsing dono&oDS and legacies Organisl5 PRS licence ¢osls Posters. flyers and tickets Adverti¥ll]g Insurance Organ tuning 9,062 375 621 618 470 2.698 10,924 867 904 .1,9S4 1.1,8 17,864 ChArltsble actl%4d¢.% Academy co8ls Organ maintenanc¢ Depreciation of tangible a&sets 9.969 7.59? 4,142 12.284 14.049 Support costs Governanc¢ c05t A¢counlancy Independent examination 300 250 25Q 550 550 Totsl resoU￿e5 expended 26,678 Net IDcomel{txpendltur¢} 2.449 (5,9().3) This page Lkies not lornipart of statutcry slatemeots Pasc 12