REGISTERED CHARITY NUMBER: 1171989
Report of the Trustees and Financial Statements for the Period 1[st] April 2024- 31[st] March 2025 for The Denbigh Workshop CIO
Mags Bookkeeping
The Denbigh Workshop
Contents of the Financial Statements for the Period 1 April 2024 – 31 March 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
The Denbigh Workshop
Report of the Trustees for the Period 1 April 2024 to 31 March 2025
The trustees present their report with the financial statements of the charity for the period 1 April 2024 to 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015).
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1171989
Principal address
Ty Gwyrdd
Back Row Denbigh Denbighshire LL16 3TE
Trustees
R Williams J Sandle J Jarvis G Teasdale
Independent examiner
Mags Bookkeeping Birch House Business Centre Hen Lon Parcwr Ruthin LL15 1NA
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Denbigh Workshop is registered as a charitable incorporated organisation by its governing document, a deed of trust.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
1
The Denbigh Workshop Report of the Trustees for the Period 1 April 2024 to 31 March 2025
OBJECTIVES AND ACTIVITIES
Objectives, aims and public benefit
The Denbigh Workshop will work predominately through the vehicle of drama and performance, however it reserves the right to undertake any other activities as directed by the trustees to fulfil the charitable purposes outlined below:
1)To promote for the benefit of the inhabitants of North Wales and the surrounding area the provision of facilities and services for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
2)To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
3)To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. For the purpose of this cause 'socially excluded' means being excluded from society, or parts of society, as a result of one or more of the following factors: unemployment; financial hardship; youth or old age; ill health(physical or mental);substance abuse or dependency including alcohol and drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation or gender re- assignment; poor educational or skills attainment; relationship and family breakdown; poor housing(that is housing that does not meet basic habitable standards; crime(either as a victim of crime or as an offender rehabilitating into society).
4)For the public benefit to promote learning for pleasure by people no longer in full time employment through the continued development of their individual capabilities, competencies, skills and understanding in subjects of educational value.
5)To advance the education of the public in the subject of theatre arts.
ACHIEVEMENT AND PERFORMANCE
Review of Progress of the Charity
The Trustees are satisfied with the progress of the charity during its second year.
FINANCIAL REVIEW
Summary financial position
The charity recorded a surplus of £3,619 for the year. Total incoming resources for the year were £62,580
Review of financial performance
The surplus in the year is within budget.
Reserves policy
The charity intends to retain surpluses in order to finance additional activities and to leave a working capital element to maintain the charity’s facilities and to cover future running costs to ensure continuity.
2
2
The Denbigh Workshop
Report of the Trustees - continued for the Period 1 April 2024 to 31 March 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 1[st] December 2025 and signed on its behalf by:
.............................................
T A Spencer – Administrator Director
R Williams - Chair of Trustees
3
Independent Examiner's Report to the Trustees of The Denbigh Workshop
I report on the accounts for the period 1 April 2024 to 31 March 2025, which are set out on pages five & 6.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
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that accounting records were not kept as required by section 130 of the Act; or
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that the accounts do not accord with those records; or
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that the accounts do not comply with the accounting requirements of the Act; or
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that there is further information needed for a proper understanding of the accounts.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Magali Lovell-Pascal Mags Bookkeeping Institute of Certified Bookkeepers Practice License 8637
Date: 01/12/ 2025
34
2025
Profit and Loss
The Denbigh Workshop
For the year ended 31 March 2025
Account
| Account | 2025 | |
|---|---|---|
| Turnover | ||
| Non Reserve | 8,643.60 | |
| Reserve: | ||
| Aura Kim Inspire | 3,387.89 | |
| Sat Youth | 2,000.00 | |
| Neumark Foundation | 11,000.00 | |
| West Rhyl | 20,405.00 | |
| Blossom & Bloom | 3,130.62 | |
| Working Denbighshire | 11,512.05 | |
| Leisure wicked ws | 700.00 | |
| Girls Can Do It Sessions | 1,000.00 | |
| Donation | 801.00 | |
| Total Turnover | 62,580.16 | |
| Gross Profit | 62,580.16 | |
| Administrative Costs | ||
| Audit & Accountancy fees | 186.00 | |
| Sat Youth | 11,386.95 | |
| Choir | 1,795.00 | |
| Neumark Foundation | ~~19,358.40~~ | |
| Aura Kim Inspire | 1,825.00 | |
| Shared Prosperity | 6,975.00 | |
| West Rhyl | 9,600.00 | |
| Blossom & Bloom | 2,900.00 | |
| DEWC | 90.00 | |
| GCD it - March 24 | ~~250.00~~ | |
| ACL cancelling | ~~170.00~~ | |
| Denbighshire Voluntary service | ~~500.00~~ | |
| Working Denbighshire 500.00 Leisure wicked w~~s~~ | ~~1,200.00~~ | |
| Fruit & Stationery | 593.51 | |
| Insurance | 306.32 | |
| uniform | 500.50 | |
| Venue /Room Hire | 824.00 | |
| Total Administrative Costs | 58,960.68 | |
| Operating Profit | 3,619.48 | |
| Profit on Ordinary Activities Before Taxation | 3,619.48 |
5
Independent Examiner's Report to the Trustees of
We confirm that the Income and Expenditure Account and the Balance Sheet as at 31 March 2025 have been prepared from the accounting records of the Audited by Magali Lovell-Pascal of Phil Lovell Associates LTD T/A Mags Bookkeeping. Signature:
Balance Sheet
The Denbigh Workshop
Account 31-Mar-25
Current Assets
As at 31 March 2025
| Cash at bank and in hand | ||
|---|---|---|
| The Denbigh Workshop | 16,355.77 | |
| Total Cash at bank and in hand | ~~16,355.77~~ | |
| Total Current Assets | 16,355.77 | |
| Net Current Assets (Liabilities) | 16,355.77 | |
| Total Assets less Current Liabilitie | 16,355.77 | |
| Net Assets | 16,355.77 | |
| Capital and Reserves | ||
| Current Year Earnings | 3,619.48 | |
| Retained Earnings | ~~12,736.29~~ | |
| Total Capital and Reserves | 16,355.77 |
We confirm that the Income and Expenditure Account and the Balance Sheet as at 31 March 2025 have been prepared from the accounting records of the Association and they are in accordance with those records.
Audited by Magali Lovell-Pascal of Phil Lovell Associates LTD T/A Mags Bookkeeping. Signature:
4
6
Profit and Loss
The Denbigh Workshop For the year ended 31 March 2025
| The Denbigh Workshop Profit and Loss For the year ended 31 March 2025 |
|
|---|---|
| Account | 2025 |
| Turnover | |
| Non Reserve | 8,643.60 |
| Reserve: | |
| Aura Kim Inspire | 3,387.89 |
| Sat Youth | 2,000.00 |
| Neumark Foundation | 11,000.00 |
| West Rhyl | 20,405.00 |
| Blossom & Bloom | 3,130.62 |
| Working Denbighshire | 11,512.05 |
| Leisure wicked ws | 700.00 |
| Girls Can Do It Sessions | 1,000.00 |
| Donation | 801.00 |
| Total Turnover | 62,580.16 |
| Gross Profit | 62,580.16 |
| Administrative Costs | |
| Audit&Accountancyfees | 186.00 |
| Sat Youth | 11,386.95 |
| Choir | 1,795.00 |
| Neumark Foundation | 19,358.40 |
| Aura Kim Inspire | 1,825.00 |
| Shared Prosperity | 6,975.00 |
| West Rhyl | 9,600.00 |
| Blossom & Bloom | 2,900.00 |
| DEWC | 90.00 |
| GCD it - March 24 | 250.00 |
| ACL cancelling | 170.00 |
| Denbighshire Voluntary service | 500.00 |
| Working Denbighshire | 500.00 |
| Leisure wicked ws | 1,200.00 |
| Fruit & Stationery | 593.51 |
| Insurance | 306.32 |
| uniform | 500.50 |
| Venue /Room Hire | 824.00 |
| Total Administrative Costs | 58,960.68 |
| Operating Profit | 3,619.48 |
| Profit on Ordinary Activities Before Taxation | 3,619.48 |
We confirm that the Income and Expenditure Account and the Balance Sheet as at 31 March 2025 have been prepared from the accounting records of the Audited by Magali Lovell-Pascal of Phil Lovell Associates LTD T/A Mags Bookkeeping. Signature:
Balance Sheet
The Denbigh Workshop As at 31 March 2025
| Balance Sheet The Denbigh Workshop As at 31 March 2025 |
|
|---|---|
| Account | 31-Mar-25 |
| Current Assets | |
| Cash at bank and in hand | |
| The Denbigh Workshop | 16,355.77 |
| Total Cash at bank and in hand | 16,355.77 |
| Total Current Assets | 16,355.77 |
| Net Current Assets (Liabilities) | 16,355.77 |
| Total Assets less Current Liabilitie | 16,355.77 |
| Net Assets | 16,355.77 |
| Capital and Reserves | |
| Current Year Earnings | 3,619.48 |
| Retained Earnings | 12,736.29 |
| Total Capital and Reserves | 16,355.77 |
We confirm that the Income and Expenditure Account and the Balance Sheet as at 31 March 2025 have been prepared from the accounting records of the Association and they are in accordance with those records.
Audited by Magali Lovell-Pascal of Phil Lovell Associates LTD T/A Mags Bookkeeping. Signature:
Profit and Loss
The Denbigh Workshop For the year ended 31 March 2025
| The Denbigh Workshop Profit and Loss For the year ended 31 March 2025 |
|
|---|---|
| Account | 2025 |
| Turnover | |
| Non Reserve | 8,643.60 |
| Reserve: | |
| Aura Kim Inspire | 3,387.89 |
| Sat Youth | 2,000.00 |
| Neumark Foundation | 11,000.00 |
| West Rhyl | 20,405.00 |
| Blossom & Bloom | 3,130.62 |
| Working Denbighshire | 11,512.05 |
| Leisure wicked ws | 700.00 |
| Girls Can Do It Sessions | 1,000.00 |
| Donation | 801.00 |
| Total Turnover | 62,580.16 |
| Gross Profit | 62,580.16 |
| Administrative Costs | |
| Audit&Accountancyfees | 186.00 |
| Sat Youth | 11,386.95 |
| Choir | 1,795.00 |
| Neumark Foundation | 19,358.40 |
| Aura Kim Inspire | 1,825.00 |
| Shared Prosperity | 6,975.00 |
| West Rhyl | 9,600.00 |
| Blossom & Bloom | 2,900.00 |
| DEWC | 90.00 |
| GCD it - March 24 | 250.00 |
| ACL cancelling | 170.00 |
| Denbighshire Voluntary service | 500.00 |
| Working Denbighshire | 500.00 |
| Leisure wicked ws | 1,200.00 |
| Fruit & Stationery | 593.51 |
| Insurance | 306.32 |
| uniform | 500.50 |
| Venue /Room Hire | 824.00 |
| Total Administrative Costs | 58,960.68 |
| Operating Profit | 3,619.48 |
| Profit on Ordinary Activities Before Taxation | 3,619.48 |
We confirm that the Income and Expenditure Account and the Balance Sheet as at 31 March 2025 have been prepared from the accounting records of the Audited by Magali Lovell-Pascal of Phil Lovell Associates LTD T/A Mags Bookkeeping. Signature:
Balance Sheet
The Denbigh Workshop As at 31 March 2025
| Balance Sheet The Denbigh Workshop As at 31 March 2025 |
|
|---|---|
| Account | 31-Mar-25 |
| Current Assets | |
| Cash at bank and in hand | |
| The Denbigh Workshop | 16,355.77 |
| Total Cash at bank and in hand | 16,355.77 |
| Total Current Assets | 16,355.77 |
| Net Current Assets (Liabilities) | 16,355.77 |
| Total Assets less Current Liabilitie | 16,355.77 |
| Net Assets | 16,355.77 |
| Capital and Reserves | |
| Current Year Earnings | 3,619.48 |
| Retained Earnings | 12,736.29 |
| Total Capital and Reserves | 16,355.77 |
We confirm that the Income and Expenditure Account and the Balance Sheet as at 31 March 2025 have been prepared from the accounting records of the Association and they are in accordance with those records.
Audited by Magali Lovell-Pascal of Phil Lovell Associates LTD T/A Mags Bookkeeping. Signature: