REGISTERED CHARITY NUM8ER: 1165541 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 Ma￿h 2026 for Full House Theatre Full House Theatre Contents of the Financial Statements for the year endgd 31 March 2026 Page Report ofthe Trustees 1 to5 Independent Examinerfs Report StalenEnl of Financial Activth"es Balarice Sheet Notes to the Financial Ststements 9 to14 Detaiw Statement of Finanaal ACtiv￿e$ 15 Full House Theatre Report of the Trustees for the year ended 31 March 2026 The trustees present their report wf(h the financial statements of the charitable incorporated organisation for the year ended 31 March 2026. The trustees have adopted the provisions of Accounting and Reporting by Charities" Statement of Recrynmended Pr&tice applicable to charities p￿paring their accounts in accordance with the Financial Rewrb'ng Standard applicable in the UK and Republic of Ireland IFRS 102) {effective 1 January 2015). REFERENCE AND ADMINISTRATIVE DETAILS Règistered Charity number 1165541 Principal address 12 Kings Arms Yard Church Street Ampthill MK45 2PJ Trustees S Al-Khayyat (Chair} Prof. S Mackey - deceased 05 August 2025 J Riley P Mayes V Pearce P Kouwenberg R Sparrey Independent examiner Harris and Co Chartered Accountants and Business Advisors Pavilion Court 600 Pavilion Drive Northampton NN4 7SL STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity was registered as a charitable incorporated organisation in February 2016 and ¢s controlled by its foUndat￿n model constitutson. Board of Trustees Full House's sustained growth (since 2001), highly SLbccessfvJl partnership working and excellent track record for delivery is facilrtated by clear strategic planning and eX￿lIent project management overseen by a committed 2nd supportive Board. Our Board meets a minimum of four tsmes a year to guide and monitor the company's progress against our vision and goals. We conduct specific sut￿Mmrttees, such as finance, to support the development of new work, r&ruitment, strategic development and business planning. In April 2025 the Board of Trustees adopted a Co-chair model in order establish a more equitsble sharing of power and control and Deputy Chair Suha Al-Khayyat was appointed lo the role, alongside long-standing Chair, Professor Sally Mackey. In August 2025 the board were deepty saddened by the death of Sally who had served the charity since rts foundab"on. Suha A-Khayyat continues to lead the organisation and an additional Co-chair will be appoinled from the existing board in the near future. A board away day in January 2026 was an opportunty for our board to reflect and affimi their commitment lo furthering the work of the charity. This resulted in the creat￿n of a new Trustees st*ement. Page 1 Full House Theatre Report of the Trustees for the year ended 31 March 2026 The Full House Board is frlondly. Conscientious. experienced. diverse* progressive, vlbranL diligent. caring, collaborative. understsnding and fun. We commit to upholding the vlsion of Full House Theatre with inclusivity. passion. honesty and trust. We are here to advocate for and support Full House In its mission to posttively affect the lives of children and young people through high quality arts provision. We are proud to be part of the Journey. Our Board is diverse, committed and includes a wide range of professional expertise. 35% of our board are of Global Majority heritage and 85% female. We remain cornm￿ed to broadening the diversity of our Board, for our governance to ￿fie¢t the commLFnibes whtch we serve and are exploring ways for young people's voices to be heard at Board level. Employed Staff Full House Is driven by the shared vision of joint CEOS and creats.ve Directors, Ben Miles and Harriet Hardie, who have led Full House successfully since founding the company. Day to day running of the organisation is undertaken under a Scheme of Delegatron wh￿h is regulady reviewed. Our organisalion's core activities are managed by a full-lime administrator, who has been with the company since 2016. Project management funding and development are the shared responsibility ol our CEOS and the Senior Producer and supported by our Administrator and markets.ng C￿ordInatOr. Fonnal appraisals of staff are undertaken annually where job description, targets and aims of the previous year are reV￿ed, new aims agreed and training needs discussed. The annual budget includes a reasonable training fund for staff. Contract Staff Vve always pay the industy standard or above to artists we work wrth. For example, we follow Independent Theatre Council IITC) rates, Equity pay seales and guidelines from The Writers Guild when settrng fees for the creatives we work with. We are ITC Fair Work Approved Ethical Managers. Remuneralion We are a values-jed charity and place high Importan￿ in investing in our team. We are member of the living wage foundation. The charity operates a remuneratron polw in line wth the NCVO Payscale and salaries for all directly employed staff are set with panty to other similar scale organisalions in the arts and cultural and voluntsry sector. Any increases are calculated to include the financial perfomiance of tt)e organisation as a whole and the personal performance of the employee during the year under review. All employees are engaged through ITC, BECTU and Equity approved Fair Work Approved contr¥ts. The average employee headcount during the period was 6.1. No employees earned in excess of £60.000 and the total remunerath.on paid tr) the key management personnel dunng the perts)d was £110,863. During the penod the trustees recewed no remuneration. Fundraising Full House does not use the services of professional fundraisers or commercial participators to assist with its income generation. No complaints have been received regarding its fundraising activities. Risk managemenl Full House is a robust and effieienty manaJed arts organisatK)n, whth has been successfully delivering projects for chiklren and young people since the formatjon of the company in 2001. To ensure sound financial management the Board sign-off quartety management accounts. following an annual budget approved in advan￿ of each financial year. A Risk Register. including a RAG based risk anatysis tool is presented al quarterty ￿ard meetings. This enables the board lo respond swrftly and approprialety as and when required. Page 2 Full House Theatre Report of the Trustees forthe yearended 31 March 2026 Related parties Partnership working is key to Full House achieving rts goals and this has never been more evident than in this year. We have worked elosety with key stakeholder parts)ers at both nabonal and regional levels including local authorities. venues, communrty groups. schools and other arts organisations to ensure the continuation of our activib"es. This year we have worked particularty closety with". Al Hikmah Girls School, Luton Amplhill Town Council Beech Hill Primary School, Luion BIGG Theatre Central Bedfordshire LA Central Bedfordshire Libraries Daryl & Co. Embrace Bedford Russell Lower Schwl, Ampthill The Firs Lower School, Amplhill The Hat Factory Arts Centre (The Culture Trust, Luton) The Quarry Theatre (Bedford School) Wardown House Museum and Gallery {The Culbjre Trust. Luton) W111iam Austin Infant Schcx)I, Luton OBJECTIVES AND ACTIVITIES Charltable objective The advancement of education in the performing arts through the provision of public perfomiances and workshops. Ourvision For every child to hold treasured memries of theatre. Our Mission With our audience at the heart of our work. we carehjlly craft. programme and develop theatre and performance projects for, by and with children and young people. We exist to enrich young creative minds, delight young aud￿nCeS, and nurture a lifelong connection with the arts. Full House is Committed to listening and respondin9 to the needs of our audience, reaching out to all comers of the community to create lasting memories. Our Work 2025126 was a year of broad ranging activity and through our performance and participatory work we reached at total of 27,150 children. young people and their families. The activities of the organisation were delivered in four ihemab'c pillars. Perfomiance Participation Community Leadership These strategic themes are interconnected and often intn"nsically linked. Slgnificant activities This year is a slgnifi¢ant mileston• for the organlsalion as we Celebrate twenty years of perfomiance and participation for children and young people. The Worst Prlncess - National Tour Following a suc￿sSy￿1 pilot tour in 2023 we extended the reach of our work with a tovr of this highly acclaimed pr(xJuction to 26 small and mid-scale venues across the country. 11,019 children and their families came to 94 performances of the show. Page 3 Full House Theatre Report of the Trustees for the year ended 31 March 2026 Slgnlficant activlties (continued) Creative Buzz HAF The charity continues to work in partnership with Central BedfOrdshI￿ LA to provrde holiday ackn'vities and food for disadvantaged children in our locale. In 2025126 352 children attended our Creative Bu2Z programme, taking part in fun creative ath"vities. going on tn.ps to the theatre and enjoying fr& healthy hol meals each day. Senso AdveTrturgS Building on our successful work ereab.ng immersive sensory experiences for children with SEND needs we transformetj our studio space into a bespoke perfOnnan￿ Spa￿ for unique one-to one ￿rforMances. This activity provided access to enriching creative acl¢vib"es for children who can face the most tkirriers to engagement. 105 children enjoyed entering our sensory worlds throughout the sumrner of 2025. GRT Gregnsands This year we have further deepened our engagement with Central Bedfordshire's Gypsy and Traveller community. working regularly across three srtes in Greensands Country. Using music, visual arts and performance we explored heritage narrats.ves of families from this seldom heard community. The project culminated in a cwuraled exhibition which toured lo three partner libraries- Leighton Buzzard, Bigglesw8de and Sandy - in celebration of GRT Hrstory MoTrlh. Creative Pathwa Sector and skills development remain a key part of the chartty's work, wth the continued delivery of a programme of CPD and mentoring opportunrties br local artists. supported by the UK Government. A new partnership developrrent project. launching the Bigg Kids programme in Biggleswade, furthered our ¢ommitment to championing quality theatre for young audien￿ in our locale. M Museum We have been working in Colla￿[all0￿ with Wardown House and Museum and Gallery to create a new narratr.ve roule for children and families. Communrty consultslion and meaningful co￿¥ the Frt*on rlihe Chanty am enab1ettr￿ ￿ ensuie thattrwfingn(Jal 2011 thè ICh¥ths ar￿ RerAyts) ReWlabOr￿ 2008 and provisions ortr￿l￿St deed Thèy are wwonst4e ftysatsgJar&4 the tstskirKJ Won?￿& steps tofthe p￿Ven1th ano thbon ￿￿ra￿ anOvthe¢ Tho trustees are fortremaintenane and ￿e9ftty ￿1r* ch*nty and fyiart4al ch*ty's we￿1*. Leok4abon In tha Ur¥ted Kingdtyn wvernirvthe d6s&Th￿tiOn *ateftEnts may I￿r I￿￿a￿)n in OtherjunsdittA)n5. S Al-Khayyat (Chair) -Trustee The ￿eS fom) part ofthese finanu81 statements Page 8 Full House Theatre Notes to the Financlal Staternents forthe year ended 31 March 2026 ACCOUNTING POLICIES Basis of preparing the financlal staternents The trustees believe that the charty can operate in the foreseeable and as such consider rt appropriate to prepare the accounts on a going ¢oncem basis. Accountlng conventlon The financial statements of the charity have been prepared in accordance with Accounting and Rewrting by Charrties." Statement of Recommended Practi￿ applicable to charitres preparing their accounts in accordance with the Financial Reporknng Standard applicable in the UK and Republic of Ireland IFRS 1021 leffectNe 1 January 20151- {Chariks SORP IFRS 1021). the Financial Reporb'ng Stsndard applicable in the UK and Republic of Ireland IFRS 102) and the Charities Act 2011. The financial statements have b*n prepared under the historical Cost convention and the presentstion currency used in the accounts is pounds sterling. Cash flow slatement The trustees have taken advantage of the exemptKJn in Financial Rewrting Standard No. 1 Irevisedl and the new Charities SORP IFRS102} from including a cash flow statement in the financial statements on the grounds that the charitable company is small. Income All income is recognised in the Ststement of Finanryal Activities once the charity has entitlement to the funds and it is probable that the income will be ￿￿1Ved and the amount can be measured reliably Voluntary Income is received by way of grants, donations and gifts and is included in full In the Statement of Financial Ath"vth'es when receNable. Income is onty deferred when the donor specifies that the grant or donab.on must only be used in future accountsng periods or the donor has imposed conditions which must be met before the charity has uncondrtional entitlement. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. rt is probable that a transfer of economic beneffts will be required in settlement and the amount of the obligation can be measured reliably Expenditure is accounted for on an accruals basis and has been classtfied under headings that aggregate all cost related to the category. Where costs cannot be directly attn"buted lo particular headings they have tEen allocated to activrties on a basis consistent with the use of resources. Tangible fixed ass¢ts Depreciation is provided at the following annual rates in order to wrile off each asset over Its estsmated usefvl lrfe. Motor vehicles Leasehold Improvements 20% on straight line basis 20¥0 on straight line basis Taxation The charity is exempl from tax on rts charitable xtr"vities but has claimed Theatre Tax Relief on its theatrical production core expenditure. narnety the Costs of pr(Klucing the production {including ex￿ptiOnal running costs) and closing the productson. Fund accounting Unrestricted funds can be used in accordance with the charitable objecb.ves al the discretion of the trustees. Restncted funds can only be used for particular restricted purposes within the objects of the charity. ReslTiCtions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the trustees, reFQrt. Page 9 Full House Theatre NotÈs to the Finan¢ial Statements - continued for thè year ènded 31 March 2026 STATEMENT OF FINANCIAL ACTMTIES FOR THE PERIOD ENDED 31 P•lARCH 202S 2025 Total funds Unrestricted Restricted nds fvnds Notes INCOME AND ENDOWMENTS FROM Charitable activilies Delivering charitable activities 253.322 304.276 557,598 Investment income Other income 13,501 31.342 13,501 31.342 Total 298,165 304,276 602,441 EXPENDITURE ON Charitable activities Raising funds Charitable activiltes 13.872 223.127 13,872 503,150 280,023 Total 236.999 280,023 517.022 NET INCOMEIIEXPENDITURE} Transfers b8tween fvnds 61,166 24,253 85.419 12 024 43,024 Net movement In funds 18,142 67,277 85,419 RECONCILIATfON OF FUNDS Total funds brought forward 347.167 44,430 391,597 TOTAL FUNDS CARRIED FORWARD 365.309 111.707 477,016 Page 10 Full House Theatrg Notes to the Financial Stst•ments - ¢ontinu8d for th• year andgd 31 March 2026 INVESTMENT INCOME 2026 2025 Interest receivable 11,201 13,501 INCOME FROM CHARITABLE ACTivmES 2026 2025 Venue fees Grants Earned income Education fees 94.903 395,386 26,562 22,104 538,955 20,242 508,584 7,032 21 740 557 $98 2026 Deferred Income at 1 April 2025 Resources deferred in the year Amounts released from previous years Deferred Income al 31 March 2026 10,000 110,000) At the balance sheet date the charity was not holding any funds re￿iVed irs advance. OTHER INCOME 2026 2025 Theatre tax relief Sundry income Loss on sale of assels Donations 32,881 217 {2,622) 170 30,646 30,119 NET INCOME FROM CHARITABLE ACTMTIES Net resources are stated after tharging.. 31.3.26 31.3.25 Depreciation- owned assets Independent examiner's fees 7,803 7,969 525 Page11 Full House Theatrg Notes to the Flnancial Statements - continu•d for th• year endèd 31 March 2026 STAFF COSTS 31.326 31 3.25 Wages and salaries Social Secunty costs Pension ¢onlributions 210,200 214,475 16,399 11,953 7.200 6,339 233,799 232.767 The average number of employees ¢Juring Ihe year vrds 6.1 {2025- 8_31. TRUSTEES. REMUNERATION ANO BENEFITS EX[￿SeS totalling £107 were paid to one trustee during the year ended 31 March 2026 (2025.. £5111. TANGIBLE FIXED ASSETS Motor Vehicles Leasehold Improvements Total funds COST Al 01 Apnl 2025 Disposals 16,147 116,1471 31,867 48,014 {16,147) At 31 March 2026 31,867 31,867 DEPRECIATION At 01 April 2025 Charge for the period Disposals 9.095 1,430 110.525) 19,500 6,373 28,595 7,803 110.5251 At 31 March 2026 25.873 25.873 NET BOOK VALUE At 31 March 2026 5.994 5,994 At 31 March 2025 7.052 12.367 19,419 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2026 2025 Trade debtors Other debtors 7,894 36,199 15,816 68,339 84,155 Page 12 Full House Theatre Notes to the Financial Statements - COntin￿d for the year ended 31 March 2026 11. CREDITORS: AMOUNTS FALLING DUE WIThIN ONE YEAR 2026 2025 Trade creditors Other creditors 4,408 7,852 266 12. MOVEMENT IN FUNDS Net nv)vement in funds Transfers be￿een funds At 1.4.25 At 31.3.26 Unrestri¢tsd funds General fund Designated fund- art town Designated fund- disability arts Designated fund- fvndraising contingency Designated fund- misguKled walk Designated fund- Vehic￿ replacerrEnt 172,934 10,000 63,581 {52,200} {10,000) 5,567 184.315 5,567 120,000 7,375 55.OlXJ 120,000 {7.375) 55,000 365,309 63,581 164.QK)81 364,882 Restridgd funds Adventures in Wonderland Apples and Lollipops Creative Pathway I PL4yground Disability Arts 15.402} 9.867 15,750 5.567 5,402 5,094 12,000 14,961 127,750) {5,567) Doorstep Adventures Festivals Holiday Activities and Fch)d Houghlon Regis Art Town My Museum Participatory Projects Small projects The Misguided Walk The Sensory Studio The Three Bears The Worst Printsss 19,613 111,4951 119,8421 8,080 {2,0661 121,990} 8,437 {501 16.6521 115.2641 162.6901 43,5151 18,118) 19.842 18.0801 10,000 3,545 18.437} 50 6,652 15.264 62,690 1,485 7,934 11,555 30.0¢)0 45,000 111,707 1141.2651 64.008 34,450 TOTAL FUNDS 477.016 (77,6841 399,332 The unrestricted fund includes deswJnated funds of £180.567 12024125". £192.3751. These were set up by the trustees to reflect future fundraising inrtiatNes, the Disability Arts project and the Teplacement of the organisalion's vehide. Page 13 Full House Theatre Motss to the Financial Statements - continued for the year ènded 31 March 2026 12. MOVEMENT IN FUNDS- continued Nel movemellt in ftjnds, included in the above are as follows". Incoming resources Resources Movement in expended funds Unrestrictod funds General fund 292,727 1229,1461 63.581 292,727 {229,1461 63,581 Restricted funds Adventures in Wondedand Apple and Lollipops Creative Pathway I Playground Disability Arts D¢y)rstep Adventures Festivals Holiday Ath'vities and Foc#J Houghton Regis Art Town My Museum Participatory Projects Small projects The Misguided Walk The Sensory Studio The Three Bears The Worst Princess 15,4021 {16.0071 11.250) 11,405) (11,495) 129,375} 132,041} 130,5991 129,4901 117,5071 {501 16,652) {18,264) 191.157) 138,648 15,4021 9.867 15.750 5,567 111,495} 119,842} 8,080 I2,￿6) 121,9901 8,437 1501 16,6521 115,2641 162,6901 43 5151 25,874 17,000 6,972 9,533 40.121 28,533 7.500 25,944 28.467 95.131 288,075 1429,340} 1141.265) TOTAL FUNDS 580 802 658 486 77,684 13. CHARffABLE INCORPORATION ORGANISATION Full House Theatre was registered as a charrtable incorporated organi5abon in February 2016. Page 14 Full House Thoatro Detailed Statement of Financial Activities fof the year ended 31 March 2026 2026 2025 INCOME AND ENDOWMENTS Investment income Interest receivable 11,201 13,501 Charitable acllvities Venue fees Grants Earned income Education fees 94,903 395.386 26,562 22,104 20,242 508,584 7,032 21,740 538.955 557,598 Other Incomg Other income 30,646 31,342 Total Incoming resourcgs 580.802 602,441 EXPENDITURE Raiglng funds 12,091 13.872 Charltable activities Production costs Transport & touring costs Marketing expenses Performan￿ fees Education costs Depreciation 171,563 33,369 55,447 144,099 79,233 1,430 165,257 23,300 44,906 73,227 58,036 1,595 485,141 366,321 Support ¢osts Management Administrative expenses Accountancy Overheads Organisational development Depwialion 90,438 7,669 34.079 22.695 6,373 76,243 6,504 28,414 19,294 6,374 161,254 136,829 Total resources expended 658,486 517.022 Net {expenditurelllncomg 77.684 85,419 This page does not fom) part of the statutory financial slalements Page 15