2024-12-31-accounts

REGisfERED COMPANY WUMBER: CF.004571 IF.ngland and Wfiles) RF.GIS'I'bRED CIIARITI. NLMBER.. 11641J( RTr.PORT OTr TIITr.TRiISTTr-Tr:S AND UNAUDITTr.D FINATr4C:IAI. S'I'A'I'Tr.MTr-NTS TrOR Tllk YLAR Tr.NDF.DJI DTr:Cfr:Mllb.R 2024 FOR Ul.VkRSTON CORONA'fioli iiAI,I, JFHornby&Co Chanercd Accountants Thc'l'ower D￿long01¢ Busincss Ccntre Daltongate Ulvcrslon Cumbria LA127AJ

('.I.fv'ÈRsfoN COKOliATIO% 11.41.1. FOR'I"IIE I Tr'AK 31 DTr-.C.'EIIBER 2024 R¢port of the'l'rusite5 Stiiemeni of FiD•n¢il A¢ti%"i¢i¢S BlAn¢¢ She¢¢ les io lh¢ Tr-inancial StltmtnLq 8 10 13 Detailcd Siaiem¢ni ol ￿'Ingne14t,rIjVIlles 14 tLTr IS

ULVTr:RSt'ON CORO%ATillN 11..ILI. MEPORT 01 fFIF.TRI"S-I'EF' Oli TIIF. I'E,IIi E%DF.D 31 D&'C_'L%IB&'R 2024 'I'he irusiee5 pILa5cd io subjnii thc follom'ing re￿rt ￿ accompy 115 acrounls for ihc period io .115t DccLmbcr 7074 ror Ihc annual rcponing io ihL Charilic5 ( ommissLon. Lli'ersion CoTonaiion Ilall CIO 15 a Charitable 117corpordt¢d Or¥artl¥dlion ￿][h il ￿ard of irusto¢s. 'lThe fiiiancial siatcniKnts iuJrtpl¥ Miih ihc Chariiics rlci 10 I l. IhL Cornpanic.4 Aa 7006. Ihc NqLmorandum dnd ..lrticles of .4swciaiion. Ind ..t¢¢ouniin¥ and R¢JM)rtIDg by ('haritiCs.' StsiLmeni of R￿m￿cndcd ltyaclicc applicablc 10 chdfiitLS preparirt¥ thLir a¢￿)UniS in accordancc uiih th¢ fin￿¢181 Rep)rying Standard applicablc in ihc LIK and Rcyublii of IrLland IF'FiS IO•I Icffc£ii¥c l January ?015). Objgctives aim5 Lllwcrsii)rt Cori)rtaiii)n Ilalffi 14 a C'haniahll Incurw)raicd o￿VanIsa1)Un fomicd ciii 15th OctO￿r 015 ￿hICh o%'L'rsees and r[l￿ag¢S lh¢ Curonaiion Hall in Ulvirsiun. Cunibri8 I'hi objiits ofibc ¢h4rit)" arc ￿. unh¢r or bcncfil Ihc rc5idcnls of l.'l%'cr&iTrn and the Souih Lakcland area. Hiihoui disiinciion ol. s¢x. 5cxual oriliitalioii. Tacl or lif poliiical. r¥'ligious or i)Ih¢r opinioDs by asso¢Jiiling iagpdhLr Ihe Said TL%ideni$ 2nd Ihe local auihorili¥%. I'oluniary and other orbkanisaiions in a common effort 10 adidncc Lducaiion and io prL)%'idc f41cililiL4 in Ilie iniLrLs15 of SOCi4tl ￿elfare fur recrtaijon IcisuT¢ limc o¢cupaiion wilh Ihi ubJ¢¥1ivi of improving th¢ wndiiion4 of l)rovidc fa¢iliiiLs SULh c¥hibiiiLins. mcctings. Icclurc5. Lla55C5. seniiiidrs. drbd Iraining ¢L)urses ￿h1¢h further pul)lic education ii) and Jrouiid appriLia¢inn ofih¥ Arts 'lo estsbliih aiid securL th¢ L%iabli4hmcni vfa ¢ommuniii hub in lunheran¢¢ ol'ihcse ()bj¢cis. Signific4nl Ii¢liiiies OpLraliun <)i- rhi ('L)fL) i¥as iransf¢rr¥'d io Ilcsth)vrland and I'um¢ss Coun¢il on Isi January ?04. th5 su¢li. Ihis 1'14r wi, havL b¢¢n %vi)rkins1 Ihr(Iu8h thc han¢k)vcr adminislrdlion inrluding sciiling finanlial alliiif5. fLSolviTig bul otTIc¥ settlLiii¢n15 4nd p21.ing final %uppliL'r aicounts. We ha%'e also bccn aciiwc in providiii¥ infomiiiiion and insibiht ii? 'csimorlaiid and l.urncss ¢0 ¢lliibl¢ Iliiin Iv rnn iirid d¢￿lop 'lThi Corv (vr lh¢ b¢n¢fii of Ilie Ciiinmunil>, dr#i¢ngi (In iliL wisdtsiii and ¥KperiLnce WL ha%'c accuiiiulaied oi'er 7 icars of OPLraiinsT Ihe vciiuc. Puhlic btrn¢fi¢ 'I'h¢ I rustccs confinn ihai Ihc). haN¢ rcfLrrcd to thc ¥uidancc wnlatncd in thc Charil) Coinmis&ion's 8cncral btuidanrc on publi¢ bettefii when reviewinB ihe ('harii>"'% aims and objectivcs. In particular. the 'l"rusicc% con%idLr how pldnncd aciiviiiLS coniribuiL 10 IhL aims and objccii¥LS. 'L dfL 5dlisliLd 111411 each of ain}% is chariiabli and ihai L-￿h 15 for public ￿lILfil. 4￿d arc conf)dLllI that our dLIIVIIiL& ar¢ Loiisi>l¥ni wilh our ubjwLI%'&s. I'uluntetrs 'c)lunii¥rs runiinued io pld%' a b-iial And valuiible rolc in dLli%'cring Ihc op¢raiion ol Ihc ( oro. PTimaTily in Ihc r()IL ol. 'olunlccr SicMaTd5. In addilioji lo proi'idins a warn) ivclcomL' ￿ guc.4is. hL.Ipin¥ (h¢DI 10 Sfiils. prvi-idin¥ rcquircd inlomiaiion and mak'ing sure ihL%" knom. w.hLrt e%er%ihin¥ i ¥'i)lunic¥r sicMard5 ￿ alxi fully Iraincd in cvacu&iion proccdurc and 4irc an c55eniial part nf ofTLTino a sarc dnd rx)licy adh¢reni SLr¥'ic¢. VLiluni¢LTS also ini'oli'Ld wilh IrdllLiing. supw)nin8 thc delivery of creaiive workshops and lurllin￿ around Ihc building bcNLxn evinis.ThciY con￿1bUt1￿n io thr sm(￿h wnning nf the Organi&￿I￿n 15 higThlJ Jpprcciaied. 'oIunicLfS apprcciaic ihe OPFOrtuniiies voluniccringy at 'lThe C-vjro giiL'S thi1￿ for incrc&scd Social inierdciion dnd saiisfa¢iivn in L()ntribuiing Ic? Ihrir ruMinuni￿. Il'e halt organi5cd a nuiiibcr of Socidl aciiviiics for ¥.IilunieLrs 1%4alk-5. quilits Lic.) io IKiih inLr¢35C L)pponuniiics lor socialisbnb and i() sa%" Ihank" Niiu for ihcir li.0￿.. Str#lc£ic5 for aclLie%in% the aims and Ohjcrtil'￿ and Iht crilcri or measures used to SSts5 SUCttSS. LCI I has a scl 01. 5tratL¥piC objLciiw¥% ideniifi¢d i% th¢ k.ry roniwntnts ol ii fi%'e-!car busines5 plan. ,In annual w()rkpldii and ￿SocId¢L￿ btrdgci for dL'livcn' is del'i￿ cach )car *ith a set of m￿￿Urable aCiJon% and d¢liv¢rablL.4 at .%lralebyjj. OPL'rdiional and indi%-idual l¢%'cl.

I.-I,VTr-R5-1'ON' C.'OROYATIO% 11,11.L Kb.PORTOTr TH￿. fRIISTEES F'I)R TII>-. I'L..IK E%TrTr"D JI Dkl.'E.NIIIF.R 2024 INAINCIAI, REVIEW inanciAI y05iiiO As disLussiiios with We511norland and FurnL55 Iluihorii) ii'erc noi fnjiiful Iii sccuring giranl fuiidingj undcr lh¢ Lurrrnl model of mdnageinLtii bj ihe C'IO, the InanagTrcmeni 2nd operaiii)n of th¢ Coronalivn Ilall havL IhercfDrL rcvcrtcd 10 iht IL)cal auihorilj cffcclive l 81 January ?0?4. Consequert¢l!,. frotn Iliai dalc Ihc CIO has no funhir rolc in thc Inanagicrneni ol'ihe ('oronaiion Ilall, Winding up Ilill'ing rcLogini.d Ihe financial unLLrtainTh' engendcred by the faciors Jbi)Ke. IhL Tru%lLCS 5cck lu cn5UTe Ihai ihc fin(IllLial affair% of th¢ Cl() bL' M'ound ijp i%'iihoul IcA%'ing any IiLI oulsiJndinL liabilitlLS. Maiiagonicni ol- Ihe L'oroni?iion I lall, Ihc iranslcr of 51aff under a I'L,'Pl.- arranbicmcni. and nov&iion of all relLVi2nl ic)nira¢i% ha%,¥ all blin raTri¢d Dul in an orderly martrter. 'I'he I njsieeq hAve reiained suffiiieni ¢a%h iu %eiil¢ Iiiial uhliLJaij{)ii%. 'I'he Tru%iees will %cik 10 ivind up and fomiall} c¢asc th¢ CIO during ?016. Inve5trnent PDlici' Ind objo¢iiwtS .1 hc Injsiccs having rcgiard i() IhL liquidiiy rL4uir¢inLnis vf uptraling Ihc Coronation Hall h3%'C UPLf(It¥d il ￿11¢Y of kcLpiny Jk'ailablL funds in dn 1nlLrL￿l bLarin¥ dLpvsil aLLounl, Ri￿ery¢S 1)oliii' RL%4f¥'¢s igrc ncLdcd to brId￿L thL hLiween ihc SI￿ndIn5￿ and rLYci¥iii&t of rL'SOUTCL'5 11) iocr iinplanTILd ciii¢rbTriii¢y rcpairs and oiher eypenditure. Thc Qoronatioji I lall d¥fin¢% ils resL'n'es Is Ihe aiiiounl of Cash irt hand ai halan¢L shcil daic liss IhL anioLlliI of rLslr¢LtLd gr£iiilS. 'I'liis is dLsigiialLd free La%h. I Iui¥cver. Ihi CIO i¢ascd 10 OPL'rale Ihc Coronalivn Hall 14.ith Lffeci from I si janililry ?0!4, IhL K¢¥irvis [￿}11eY is no lonbicr mLanin81'ul. Thc &mouiil of fu#ds hcld by Ihc chliri1￿. ai ? Isi l)i¢eniber 20?4 £8.808 1?0?.1..£1,8301 uf whicli £Nil wa5 r¢%iri¢lLd I?O?I.. £Nill l?age 2

111.VEXSTON (.'ORONAI'ION 11,11. Rb'PORI" ()fr I'IIL'I'KUS'I'b:Tr:S FOK'I'llb YF'.AR Tr.NDED 31 DECTr-.NIBF.R 2024 'I'TI'RTr. PL.4%5 -I'ht Futur¢ of-I'h¥ Cor¢) 'I'hL CorL) K4'as lulltr fuJidLd by IliL local auihorit!. for dcc.odLS Until ?01_5 wlien ihc CL)Uticil flag&L￿ Lis Intcntion 10 disrM)sL' ol. li a5 an ￿sCI. LIN'er51011 Corondtion I lall wa5 fvtmcd with thL inlcn¢ion to 'build back. Thc Coro a5 a prcsiigiou5 and aiird¢liV¥ arts venue for the eoniinuniifv and ii'ider region, &s ii'ell as 10 rclici'c the local auiliority of ihis ongoin¥ IL was thL iiilcnlion ai Il)¢ be¥Tinning of the arrangement be¢￿eln Lfl',(.-Cll Lind Souih l.3kLldnd I)i&iricl (-ouncil ISLIKI Ihdl. follui4ing dn iniiial .5-}ear funding Rgr¢etncni la lapcrillg vvir a 5->'Lar pirioxll. ThL Coro i%'ould nioh'e froin bcing cnlircly I￿l￿ded and fuiid¢d by Ihi local auihoril) io a Morc mi.xL'd incuinL' model ii,hert li Increiscd Ils sclf-g>cncralixl in¢vine Ithroush iniLr alia an impro¥'Ld offlr. beiier 1112rkeiirtL￿ 2nd ivideninL audicnclsl well as gaincd aliLmatii'c fundiiig from Lharitable gr2ni% and public fundinE sourccs. .1 Tu%lee5 h0 40. iiiih 40/0 of incoinc hal'ing to b¢ raised through fundraising. Tx4'o factors cDmplctelJ" thMilrt¢d our indeav()urs 10 rcach Ihi5 incomL balancc. Fir£ilK'. Coi'id Lrilii•Jlli' irnparlcd (iur pilvlinb and Icsiing of new dLlivily %ircams lind prLVL'nied from buildiiig th¢ IraLk rlcord ofdclii'Lry iic nlrd io bc 5UCCC55ful with majnr dns fuiidLrs io alloH 10 rcpl(Ir¥ Sl.l)(- funding iiiih uurL' fyndiiig froiii LlscTh'hcrc. li mlani %¥c rcduccd ii) nLarl¥' Ikro oplritliondlli from ¥4hich WL have hxd trt hiiild back up from scratch ith a TILIV siaff ieam. Secotidly thL lack of a long.tirni l¢a%L' IhrougTrhout our iertur¢ meant ihai multiple f￿nd11]g 50urc¢s wcrc llnav&iilablc 10 u5 given thai 5ignifi¢ani fundors drc no¢ prrparcd 10 Invcsi In dn Lnterprise without a guarTri ni¢¢ of potential longL¥'iiTr. 4uch a lonb-lcrm ILaS¢ 150 years + l nLLc%sarv not Dnlj tu sc¢ure r¢i'enuc qrwii. bul al%L) 10 securc capiial fundlng for Ilie redevclnpmeni uf thl buildingy isliicli uur Icnuri. as i%'cll ￿ dcidiled c(ittsuliaiini) work pldnnine, shni¥cd iV415 nccdkd 10 briiiL -fhc ( oro into pla) siL>nilicanL an.4 and ci)IntnuiiilJ VCnUL lor fiiiLirc N'car5. Il'ork- coniinued ￿1th SLDC. 10 se¢urn' Iliis le1< bi frL)m ?(}? I niiwards dnd ￿L. wcre &%%urcd ihL council progressingi this in a IilllLly manJiLI. As w¥ cntcrcd lo?). wc wvrL slill irning In sccurc a lun&-l¢'rni leasc. mindful thdl i?ur budg)ct dcli¢il groi*inE) In VLr¥' uncertain iimcs. Simultarteou%ly south l.dkcldiid r)i5trici Council re￿¢d 10 ¢xibi at Ihc Lnd of Xqarch 10?). rnLrging Inio a ncw Ilnitsry Auihoriiy uf Il'Lsltiiorlaiid and l.utnc55. 115 I%.¢ na¥'igaiLd Ihis change, alsv rL'd115L'd that WL were ni)1

oing 10 bL ablL 10 operalc ￿'ith￿Ul oDbioill8 IociE l authorily fun(ling until %ve m2ndgtd icl LrcaiL a track rlcord and attTiicI in othcT sourc¢% of funding. (JI￿en thtr ClTCUTll%tancc5. un5urpri5ingl) did iiu¢ manag¢ 10 'hroak evcll. duriiiL IhL initial 5-)'car ienlirc and iihout d ILa5e li wa5 going 10 ¢oiiiinue 10 provc impossiblL 10 ILvLr in Ihc necess,In rhariiablc fundiT)g nL¥¢ssar> i(} makL up Ihc income sliortlLI11. Il'c agbrlrd i¥iih Sl.l)(' a ni'o-kcar Ckt¢ll5ion on th¢ Icase and a further onl ycar's gwrant If(Y 20?? although rLxcivcd IT) ?07.31 with a vici4' 10 cxtcndiniTr Ihc piloi pcriod. Th()u¥h a Icase li'as promiscd. 11 did iioi nidicrialii

nd &% £l.l)C mcrgyid inl() Wesiinnrland and Furness I4e l)ad 10 Lngia?e iviih new inicrlocuior5 whu w¢rc i)cithei awar¥,

L)r cogniiAint Ivlili ihe jaurne>' Iravcllcd ihus far. ￿lcanwTri1Ic wer¢ dware until ive could rL4LLh an agTfL'emLnl on the IL&%e, our dcficil inLILdsin8 in the worscning cconomicl4￿dscaPc. II'L ihercfore enbpA¥cd In 2 dialoLpUL wilh Il'estmorland and Furncss Authority, to scc if IhL} w'crc '. DiELL155iQliS with Kll¢stsnoTland and l.urn¢s5 ￿¢T¢ SUILL55ful Iii serurinL bhort i¢rDi funding io tlil cnd of ?O?I bill nn ihnri)ugh rL%'iCiV of (he bLnofils and adN'aiiiagTrcs of rciaiiiing l-hc Coro undcr cominunily niana¥)L'mini undert&ken atid ihe di%cussions did noi rcsuli iii l(InLbLr Icrm lunding. Il% a rcsuli. w'c had t iakL ihe dil'liculi reluciani dccision 10 hand thc building back lo tlic l(i¢al auihuiil! of th¢ Isi laftuarn. 10?4, Consequcnily. th¥ ('IO has no further rolc in thL manaiycillcni of ihc C'uronaisoii Hall. and LL%%ation of IhL' ('I()'s aciii'iile5 Cc￿ed during ¢hL forthc(Iniing pcrind Mith ihe c.Kccprion i)f ivnrkiiib throu¥h sciiling fiiidnLial allair5 fuih as rinal supplicr payiiiciiis and Ix)x 0￿1CL sciIILYIILnts. Golerning documeril Thi. Ch￿rItY ]% coillrLJllcd b) ils bpoILming docuiiiLni. a dLLd ol- Iru51. lind coii%iiiutCS d Charitable Incorporated Oriidllisaiian. ds dLfinid b). l)(In I l L>l' Ihe Chariiies klci 2011 4?nd supplemcnian, IL¥pi%latioii liir Charitdhle IIiLI)rporaied Organisaiions. PagE.3

I,'I.VF.KSI'ON C:ORONATION 11A1.I. RF.P()Rl' ()b Tllk: 'I'RI,'.%'I"Tr-b.S OR'I'IIE I'Tr'AR LNJIED JI DECTr:IIBLR 2014 .4'1'RL.'C-I'I.'KL, <.'ON'LR,NANCb: AND MANAC.EWILY'I' Reeruilment and appointmenl of tru51ees L.'l%'L'r510n Curvndiion 14all Is a(JJninislLrcd by d Elultrd of'fruslccs. coDsistin& of al l¢a51 fiv¢ Board m¢nibLrs, cliilid b thl ¢xislinM BoJrd. Trus11%'s ar¢ rLCtWilid Ilirougli a publicl>' adiert15ed rccniiinicni procc55 including <ipplicalion aiid inieTh'i¢i¥. Ordinarily spccific ski115 arc higjhlightcd in TLLruitniLiii rouiid% its ()rdcr io bvild o diver%t board iliih Ll LL)Ileciive skill sei th21 K4'Jll suppom Ihc organisatioii and il& operdlii)n lo Ihc bc51 f)f ils abilii!.. Illl ncm. board mcinbcr. undLr¥o induciinn and ifand M'hcn ￿qUIrEd. appropriatc addilional traiiiiiib Is (tV4ilabl¢. 'l-he iloard solecis from il% m¢mbct.q a C'hair. -fre&%urer aiid Vi¢¢-Cliair. Iloard niLnibcr5hip Is for a Icrm of 3 )'car% wilh possibilily 10 scrv¢ on thL Bodrd fnr IhrLe consLcuiii'c ierms. 'I'h¢ BuJrLi will e812blish proccss Ihai will all()w for 'SldbJbJcred L.ILiiions' 10 cnsurL Ihat dll Iru51Li%' Icnii% i)f officc do nol Lxpirc at IhL' 5aniL limc. Ork#llisatiortAI structure L'li'crSlOll C-oronation Ilall 15 admiiiistcrcd by ihL Iloard. 'lThc Iloard iyicLI.s regul2rl)' thrnu¥houi IhL )LdT. and %vhcn nccLssary. sub-L<>mniillrLs ¢r¢aiL,d lo mcci ￿ appmpriJiL. A DirLcior IC-I..01 Ig aP￿l￿ted b). th¢ b()iirJ 10 mAnagc IhL daj-iu-dai. tsp¢raiions of ihc cliariiy. I'o lacililalt effcciiv¢ OPLraiions. Ilic DircLtI)r Ii¢i% del¢gidicd authori1￿. IhL ul. dclcgaiioTi approved by lh¢ board, for op¢raiional rnallcrs including financc. cniplo)'mLllI and pcrforinaiice Re191cd p8rlic¥ NonL (If our Irustecs fecei%L rcmunLraiioii ur oiher bcncfii from Ilicir work wilh Ilic company t)r Ihe ¢harity. Ilnv onncciion bLII%'Lcn a Irusie¢ or senior inanJgiir ol'ihe charity willi d pr(?diJcii(>ll COl¥lPl1 nw. LLiniractcd aLiof. PLrlormLr or t¥hihiiiir rnusl be disc105cd lil Ihe full b02rd of ir￿￿1￿¢5 in Ihl %amL M'a> a% an>. oihcr coiiiraciual relaiioii%hip ￿lIh a rL'lalLJ Iiarty. Iii Ihe iUTrini no sucli r¢ldi¢d pArt>' Irun5aLliiiii% wcr¢ reported. Rlsk miii•£eni¢'nt .1 hL' Ini%iLL4 a risk InanagLiiiLnt ¥lraieg>' wliich compriscs-. An xnnual ol. the priiicipal ri%ks ar)d unccnainiies Ilial the coinpan>' l.'Ivers11?n Coiiiinurbity l..Iiicrpri%L5 and its 'I'hc L'4iabli%hillLni ofpoliEIC5, Sy51¢111% and pri)icdurcs 10 miligiai¢ thosc risks id¥niifi¥J in Ihe annual rc￿llw, dnd also 'rhL iinplciiiiniilliun of prL)iLdurts dc%isn¢d lu Ininiii)i%¢ or rnana8C ally pvtL(Iiial iiiip(LCI on IliL wiiipanv and charii%' Krgist¢r¢d (.-omi)anv number ('}.'{￿4571(1..ll￿1A￿d and Walcsl Registered Charil). number 1164000 R¢gii%tered office 'I'hL'fowLr -1-4 l)aliongJtL Bu%inc85 ( cnlrc Daliongalc L Iv¢r%ton ('umbria I.AI?7AJ Trustee5 Mr J (i Knoti Mrs J }.- Jenkiiison Ms J .%qL(.-lo>' IrLsigncd ?4.4.?$1 Mrs A J Dick.40n Ms P Siniih l)age 4

IILVbRS'foN c.'OROP4ATIOry IIAI.I. RLP()KT ()F IHE-.'J'RLS'I-fr:è.S OR'fiiE I'b'AR ENDLD 31 UECTr'NIBF.R 20Z4 Ilppro¥LxI b>. ordLrof thc board ofirusleL'% on 24 (kiob¢r ?015 and %ignLd i)n lis bL,lialf b>": Mr J G KiiJii- Tru%1

111.VERSTON COROYATION HALL STAI'F.MF.TrTOF FIYANCIAL AcfiviTIES TrOR TIIE YEAR LNDLD 31 DF.cE￿[BER 2024 31.12.24 To¢al funds 31.12.23 Total funds Unrestricd fund Re5th¢d fvnd Note5 INCOME AND E)I)OWMEfTS FROM Donations and legacies 644 24.702 Ch8rit#ble gctivities Charitsblc acliviti¢s 219,0( Other irading activities 3.132 3,132 226.992 Totsl 3.776 3.776 470.694 EXPkNDITL'RE ON Raising fimd5 6,724 6,724 98.377 ChAritable •tthvities Charii8ble aclivilies 8.446 424,126 Other (17,372) (17,3721 Total 12.2021 (2,202) 522,503 Nk'f INCOMEI{EXPENDITUREI 5,978 5.978 (51,8091 RECONCILIATION OF FUNDS Totsl funds broughi forward 2,830 2.830 54,639 TOTAL Tr UNDS CAIUiIED FORWARD 8.808 8.808 2,830 The notes forni part of these financial 518tements Pa8e 6

ULVERS"foN CORONATION 11A1.L BAI.AIYC.E.8IIF.F.T 31 DTr:CTr.MBEK 2024 31.12.24 I'otal nds 31.12.23 Total funds Unrestricted fijnd Restricted fund Notes FIXF,D ASSb:TS T4ngibl¢ &%s¢ts 3.365 CIIKKTr.wr ASt>kTS Siolks Debtors Cash ￿ bank 3,219 23,067 57.284 48.391 48.391 48.391 48.391 83.574 CKTr.DI'I'ORS Amounts falling du¢ within one year 10 139,5831 139.583) 184.109) NET CIIKKLNI. ASSF.TS 8.808 8,808 15351 TOTAI. A%ib.I'S> l.Tr.SS CIIRRb.NT LIABII.I'I'I>,S 8,808 8.808 2,830 NLT A55Tr:'1511I.IAlllI.i-riTr.s1 8.808 8.808 2.830 IINDS Unresui¢ied fund5 8,808 2.830 TI)'TAI. Tr (INDS 8,808 2.830 Thc rhariiablc company is ¢ntitled to exemption fn)m audi¢ under Sedion 477 of th¢ Companies Ad 2(M)6 for the ycar end¢d 31 Decembcr 2024. Thc mcmbcr5 have noi requtred th¢ company to obtain an audit of its financial stsiemenis for the year end¢d 311)ccember 2024 in accordAnE¢ with Seciion 476 of lh¢ Companies Act 2006. Th¢ Irusltts ack[￿wI¢dgC their responsibilities for (al cnsuring that the chari¢ablc company kttps accouniinB records that comply with Sc¢tion5 386 and 187 of the Companies Aci 2006 and preparing financi81 statcmcnts which give a truc and fair view of the state of affairs of the charitable company as a¢ th¢ end of each financxal ycar and of it5 surplus or deficit for each financial year in ￿CordanCe wilh th¢ requiTemcnt5 of S¢¢tion$ 394 and 395 and whi¢h oth¢rwis¢ comply wilh the requiremcnts of the Companie5 Act 2006 rclatin8 to financial stalcm¢nt5. 50 far as applicable ¢0 the charithble Company. (bl These financial stamenis have been prepared in ac¢ordanc¢ with the provi5jon5 applicable to charitable cornpanics subje¢¢ io the small companie5 Te8ime. The fjnancial 5tatefflent5 were approved by the Board of TNs*es and wihorisd for is5u¢ on 24 (ktober 2025 and were signed on its behalf by.. 16 /atr- MrJ Knott- T￿￿tee The notes fomi part ofthese fJnan¢ial sw¢ments Page 7

111.I'EIiSTON CORONATiofi Iltll,l. FOR'I'IIE I'tr'IlR E%DED JI DECF..1IBER 2024 ,Iccoi'N'riNG POLICIF.S Basis of prtparink the financial siaiemtnis .1 hi f¢Ddnfldl 51Jlitnrnls 1)r thr r1idri￿blr cotnpan).. whirh 15 a public bcn¢fil cn¢il)' undcr F'R% 10? haic b¢cn pr¥paT¢d in a¢¢ordan¢e wilh th¢ C-hori11¢s SORP 11.'RS 101 I 'A¢¢our.iinb dnd RipnrtiD¥ Charili¢s.' Sidl¢m¥nl nf Kccomii)cndcd PraciicL applicilble 10 chariiics preparing thcir accounis in accordancc with ihe l inancial RLP()lling %iandard appliiable In the ilk and Kepublic of I￿,1￿nd 11.'RS 10?) ieffccii¥c l JLinuary' ?0191'. l.'indnLldl RLpOrti￿g Siandard 101 -Ihe l."inancial Kewning Siandard applicablc in Ihc IJK and Rcpubli¢ or IrLl4ind' and Ihe ftsmpaniLS .4ci 1006. 1.hc fjnaniial stsLcmcnis hdve bec￿ Prcpand undLY Ihe hisiorical Cosi con%cn¢ion. In¢urn¢ All iniorllc 15 recouini4ed Jn Ihc %iaicmcni of l.'Inancidl ,lai¥'siie5 oll¥C ihc cliaril) cn¢iilcrn¢nt lu Ihe funds, ii is probable Ihai ihL income iiill k rcccil'cd and thL ariiuunl b¢ nicLsurcd rcliably. Lxpendilurc Liabilili¢s Jrc ￿09nised ￿ Lxpcndiiure as as ihcT¢ is a ￿￿1 or constructivc Obli￿vali0n ¢L¥mniittins the charit> io thai Lxpendiiufc. Ll is probable ihal a translcr of cLonomi¥ b¢nefiis will bL' rLqUiTLd in ￿tilLMent and Ihe aii)ouni of ih¢ obli¥iaiion can bc snca5ur¢¢J riliabl). L¥￿ndlI￿re i< a¢¢ounicd f(Ir un an aLcTu81s b&%is an¢J has b¢¢n cl&ssiliLd undLr h¢adinbs Ihai dbgrc8aiL all co.%1 relaiLJ ID th¥ Lai¢gory. Kl'hcit c05L4 Lanntsi bL dircLI1¥ Illribuied to panitulur headinuis ihcy havl. Fen allocatcd iv a¢iii'ilI￿ on a b&si> Lnnsi4icni Mi¢h Ilic us¢ of Te50ufcLS. 'I'#ngililt fixed *sset.% l)epr¢iiJliot) Is pro¥idLd ai the followin& anijual raies in ordcr w wrilL off each assd ovL'r lis cslirnuicd usLlul Iiiiproi'L'menis io propLn% IIP/o on ¢usi ?5•/o on c()¥1 and cosi 33D'. on cosi CoinpulL'r cquipriicnl locks %iuik5 4ifL valued ai ihc I()￿'tr vl-cosi and rcalisabli valu¢, afier rnakinkT duc ¢1110￿&￿¢ for ()bgoleic and 51o%v mo%'ing illms. '1'114¢ion 'I'lIL charli> is ekcinw froni corwraiion i)n it5 charithblc aciiiilies. 'und acrvunlirtx l.tirL51ficiLd lunds ca¥) b¢ u5¢d in ac¢ordan¢¢ with th¢ ¢hariiable objeciiNc5 31 Ihc di5CTclioii ofihe Iru%lies, RcsiriciLd funds ¢14 n oni)" bL' Used for partiLuldr rc¥iriaed PUT￿sCE I4lthin ihc objcrls of Ihi ¢harii>". Rebiriciions arisL' when &PLxifiLd by ihL donor c?r M'hcn funds arc rai5rd fur p3niculaT r¢siricted pury)oses. Further e.Kpldnaiion of ihe ndlur¢ aDd purp)s¢ i)f ea¢h fund 1% In¢lud44 In Ili¢ n4)L¢$ 10 ihc fin41ncial 5LIILmen15 Pa¥¢ 8 coniinued...

L I.VLRSI'I)fi COROYAI'ION 11A1.I. ()l-b'.S'l'() TIIF. FII..I%C.I,11. ST..II'Tr.IIF.NTS- cunliDut Tr-I)R'I"IIE I"Tr',IR Tr'IDED 31 t)Tr:C.>.NI IBER 2024 ()TII&R I-R,IDING AC'I'II'I-I'lb.S 31.1? ?4 R(￿M hire Show incoiiie 169.797 176.99? YTr.'I' INCOMEIITr'XP&'NDI-ri'xTr.I Ll iiicome,lexpcndiluicl 15 51atcd 'car cndcd JI DcLcniber 2024 n()r for ihc vcdr Lndcd ST,IFF C.()4'I' 'he aVerag￿L iiioiiihly nuinbL'r (If Liiiploi¢L.s Liuring ihc >'f£if folloiv%.' Suppon Sidff 'D emploiecs rLcLii'ed emolurnLnl% In eK¢es% tsf £60.000. Illl ￿laff uiiliscd in Ihc charity. Illvcrston Coroiialion Hall ori LI￿p10¥.ed bv l.'Ikersion Comiiiunii%' Enicrpriscs l.irniti'd. and rcchargcd io the clidriiv (-.()MVARA-I'II'F.S bOR TIIF. %'I,ITEIIF.Jl- Ob F'l51 ANCIAI. AC"I-IVITITr. 11nresiricicd fund R¢%tri¢itd fund fund5 l%i(.-1)%ITr.,IND F.YIX)WMF,YI-S ￿ R()11 IX)naiions and legacics ?4.70? (.'hwritable arlii'i¢ic5 ?19.000 )19.000 (XhLr IrJdiiig) a¢¢ivitics ?!6.99? ??6.992 Toi#l 470.6()4 470.()94 F.XPF.N'DI'I'IIRE ONI Raisingk fuiids l}7.818 -549 ()g.-j77 Page 9 unlinuLLd.

ULVERSTON COKOliAI'ION 11A1.L NOTF.S TOTIIE FINANCIAL ST,ITTr.MENTS- Continued FOR THE I'EAR L)DED31 DTr:CTr.MBF.R 2024 COMPARATIVkS FOR TIIL STATEML Trrr OF FINANCIAI. AcfiviTIES- rontinued Unrestriclcd Resirici¢d fund fund Total funds Ch#rit•ble artiviti chari￿bIe artivilies 424.126 424.126 Total 521.954 549 522.503 NF.T INCOMEIILXPTr.NDITIIRTr.I 151,2601 1549) 151,8091 RkC.ONCILIA'I'IOY OTr FUNDS 'lotal funds bn)ughi forward 54.090 549 54.639 TOTAL TrUNDS CARRITr.D TrORWARD 2.830 2,830 TAN(-1111.F FIXTr.D AS4ib.'rs Improvcmcnts io Fix¢ur¢s Computer cquipmlnt propcrty riiiin8S cos'i. A¢ l January 2024 Disposals 36 1361 1.324 11,3241 33,75J 133.7531 35,113 Ai 31 Dcc¢mbcr 2024 DLPRF.CIA-I'ION Ai l January 2024 Charge for year Eliminatcd on disposal 26 ,324 30.398 3.355 133.7531 31.748 3,358 (35,1061 1291 11,3241 Ai 31 tkcember 2024 NF.T BOOK VAI.IITr: At 31 December 2024 Ai 31 ikcember 2023 10 3,355 3.365 Pag¢ 10 ntinu¢d...

ULVEILS'ION CORONATIO￿ HALL NOTF.S TO T14F FINANC.IAI, ST,ITFIMFNTS- continued OR-IHE YEAR ENDED31 DFC.-Tr.NIBER 2024 srocKS 31.12.24 31.12.23 Stocks 3,219 DF.BTORS: AMOUNTS FALI.INCJ DUE WITIIIN ONE YEAR 31.12.24 31.12.23 Trade d¢btors 23,067 io. CRLDII"ORS: AMOUNTS Tr ALI.ING DUE WITIIIN ONE YF.AR 31.12.24 31.12.23 Trade CredI￿rS VAT (Xh¢r creditOT5 Accruals and defe￿1 income Ac¢ru¢d expcnses 27.672 15,255 17.048 9,241 14.893 8.926 29.157 1,500 39,583 84.109 MOVTr-MTr.N'I' IN Tr IINI)S Ncl mov¢ment in funds Al 31.12.24 At 1.1.24 Unreglrirted funds Gencrnl fund 2.830 5.978 8.808 TOTAI. Tr"IINDS 2,830 5.978 8.808 Nel movement in funds, included in the thv¢ Br¢ a5 follow5.. In¢oming rc50UTCCS R¢sOUKCS cxpcndcd Mov¢m¢nl in funds UnreJtri¢ted funds (icncral fund 3.776 2,202 5,978 TO"fAL FUNDS 3.776 2.202 5,978 Page 11 continued...

ULVF.RSTON CORONATION HALL r*OTF,S TO I-SIF. Tr INANCIAL S'I'A'I'EMLN'I'S- tontinued C)R TIIF. YEAR F.NDED 31 DEcF￿lBF.R 2024 MOVEME1￿ IN FUNDS- tontinutd Compgratives for movernent in funds movement in funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 54,090 {5l,2601 2,830 Restricted funds Resiricied 549 1549) TOTAL FUNDS 54,639 151.809) 2,830 CompAraiiv¢ nei movemcnt in furhdg included in the above are follows.. Incoming resources Resources expended Mov•neni in fund5 Unrestricted funds General fund 470.694 {521.9541 151,2601 Restricted funds Re51rict¢d {5491 15491 TOTAL FUNDS 470.694 1522.5031 (51.809} A Current year 12 months and prior year 12 months combined pN)siiion is &s follow5.' Net movement in fund5 At 31.12.24 Ai 1.1.23 Unrtstricted fund5 General fund 54,09) 145.2821 8,808 Re5tri¢ttd fun Restricted 549 15491 TOTAL FUNDS 54,639 {45,831) 8.808 Page 12 ¢oniinued...

IILV'ERS'I'()Y CORONA'I'IOli IlIlLI. NO-I'Tr'.4-1'O TIIE F'I%,I%CIAL S-I'..I'I'fr'IIF'N'I'S- tunlinu¢d 'C)R'I'HE I. F..tR F.%DED 31 ffrb'l.'b.IITIF.R 2024 A currcni >car l ? Inonihs and prior year l ? li}i)nihs combinL,d nei nioi'eineiii In fiinds, incliidLd tn ihe above drL' LS follows.. InLOtning rcsourccs Rcsour4LS LipendLd in fund Illlrislwicled lundy CJLnLral fui)d 474.470 1519,7521 145.2811 Keslricled funds c%iriclLd 15491 15491 'l-()-I'Ill, Trl'.ID5 474,470 i.£?o.ioi I 12. Rfr.I,A'I'F.'I) PAK'I'I. I)J%(-I.()Sl'. KTr- Lli'cr%ion ('orninunil)' l.,iilLrpris¢s Limiicd. IVr¢or yldr £10,7581 Pagt 13

111.Vfr'RS'TON CORONATII)IN IIAL(. Db"I'..IILTr'I) S'I',I'I'&-%ILN I. OTr- b INANC'IAI.,Ic."riv11-1&'S OR'I'IIF. I'b'AR DF.D 31 DF.CTr-.IqIIF'H 2024 31.1) ?4 DonatioJ)s and leg¥cie$ l)onation Oiher income 644 Other Irxdin% a¢tiviiies Ro(Iin hirL Show inr(Itn¢ 57.195 169.71)7 j.13? ?16.49? chRrit￿￿Ic 8tti%iiitS Grants •19.1100 Tot#1 incomiii¥ resvurees 470.61)4 EXPTr:NDI'I'I'.RL Other IrAdin% acti&tties Purc114￿5 lrnprui'Linenl$ 10 propLrty C-ompuicr cquipiiient 98.377 -3.355 6,724 C)S.377 Support costs M¥ngRement 'a￿e% Rale% and watLr In5urancc 4.717 191.670 384 14.4951 97 )05tagi 41id siLtioncr% %undric ("Icaning Jlccounidllvy Prt>fc55ioiial f¢¢s Kipairs dnd rcncM'als 4.054 1.85 47 35 ImprovcrnLniq 10 propErt) 19.8•91 414.883 This pagc d(K% fc)mi pan of ihc siaiutor% linancial 51atcinLnls Page 14

LVEISTOY COROYATION HALL DETAII.F.D sfATF.IIENry OF FIN.4NCIAL .4CTII'ITIES FOR THE I'EAR ENDED31 DLCF.%IBF.R2024 31.12.24 31.12.23 Management Fin2nce Bank charges Credit card charges 509 427 2218 509 2.645 Infonnation technoloLv Compui¢r expenses 387 6,598 her2 Los5 on 5aJe of tangible fixa a&sets Tots] r¢50urces exrKnded 12202) 522,503 Yet itt¢omtl(tX￿Aditllrt) 5,978 {51.8091 This pag¢ thxs tmx forni part ofthe swuwry financial stskrnents Pa8e 15