L•dbury Amataur Drwnatic Society Limited
Report of the Trustees and FinanGial Statements
For the Year Ended 31 d May 2025
Regi8tared Company Numb•r'. 10348636 {EnglarKI and Wa108)
Regi8teAed Charity Numb•r.' 1174743

Cont•nts of th• Flnanclal Statoments
For the year ended 31at May 2025
Pag•
Report of the Trustae8
1to6
Independent Examinerf8 Report
Slatement of Financial Activlties
Balance Sh•et
9t010
Note8 to the Financi•l Stst•m•nts
11to18

Ledbury Amataur Dramatsc Soc*ty Lrniiad
For the Year Ended 3111 May 2025
REPORT OF THE TRUSTEES
For the year ended 31•t May 2025
The trustees, are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial sLqtements of the charity for the year ended 31 May 2025. The
accounts have been prepared in accordance with the provisions applicable to the small conynies
regime and in accordance with FRS102 Statemerrt of Recommended Practice (SORP) applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard (FRS) 102.
REFERENCE AND ADMINISTRATIVE DETAILS
R•glstor•d Company numb•r
10348636 (England and Wales)
R•gl•t•r•d Charlty numb•r
1174743
The Marf(et Theatre
Market Stre6t
Ledbury
HR8 2AQ
Trustees of the Society held office from the start of the accounting period to the date tho report
was approved are..
Hilary Benott
Heather Cambridge
David Coker
(appoint•d 5th N0￿mbar 2025)
James Cox
{appoinled 20th November 2024)
Paul Graham (Arti8tlc Director)
Hellie Guikling
Nigel Hogs
Char1•8 Smart
Pat Straus8 ITrea8urer)
Craig Watson
Salty Watson (Chalrman)
Nicholas West
(appoint•d 8th June 2024)
Ind•p•nd•nt •xamln•r
Luke Keegan ACMA, Greendawn Accounting Ltd. 1A The Homend. Ledbury. HR8 18N

Latknury Amateur Dramats'c Society Lwnrtad
For the Year E￿jett 31￿ May 2025
OBJECTIVES AND ACTIVITIES
Obl•ctlv•8 and actlvltlos
The ¢*iects of the Society, as Set out in the Articles. are specfficalty restncted to the advancement of
the arts and culture. and of education in dramatic and operatic arts, for the public benefit and to
further the development of public appreciation and taste in the said arts. Provided that all the c4)jects
of the Soci* shall be exclusivety charitabkn.
Slgnlficant actlvhlo•
Th88e object8 are primarity achieved through th• promotion and perfomance of a wide range of arts
evenl8. including plays, theatro, films, musical entertainments (which range from Ihe classic8 to pop)
and live screenings of drama, opera and ballet.. to this end the Society owns, manages and operates
a 8mall (12&seat) theatre in Lodbury.
Tha Society is operated entirety by volunteers and 18 therefore reliant upon thelr contrlbutlon.
Publlc 8•n•fft
In planning nomial activth'e8, the Tru8tee8ldirectorn consider the Charity Commi88ion's guidance on
public b•nefit. including the guidance on fee charging. The soC￿tY relies on income from ticket 6ale8,
membership 8ubscription8 and theatre hirlng fèes to cover Its operating costs. Tick•t pric￿ (including
concessions) are let at such a bv•l that th• Trustees do not believe the public will be deterred from
attending events at the theatre. Hire c08t8 remain competitive, with special discounts glven to localty-
ba8ed charili••.
ACHIEVEMENTS AND PERFORMANCE
Maln Achl•v•m•nts
During this financial y•ar th• SociW'$ activitw and audlan￿ 8upwt r•m8in•d at a 8lable and
h•alihy l•v•l, similar to 202&24.
There were 96 distinct artistic •vents at th• theatre; a ¢tynparison with earfier years of number of
events and total admissions 18 sh¢)wn bolow:
Financial
2024-25
202>24
2022-23
2021-22
2021>21
2019-20
201&19
2017-18
Event8
Admi88icn8
91
8,200
61
CIo8ed- Covid
in 91A months
105
111
sQ￿ra1 of th￿ events (parti¢ularty LADS. <)wn productions) involved multiple p•rformanc•s,
rn8ulling in a grand total of 120 perfomianctt during the year (exactty th• game 88 in the prior y•ar).
A8 previousty, these events were in categori88 as diver8e as drama (on Stag8 and via satelllte). live
muslc, danc•lballet and film 8cr•8ning8.
Amongst the ovents at tho theatre ￿re hirings to 14 distinct communty or (occasionalty) commercial
organisations. 80me ￿ thesa being for a seTies of hirings.
It is the Socigty's aim to present at laast thrne 'own production5' in a nomial year (in addition to films,
liv8 Scre￿ing$. productions by other local organisations and by visiting professional companies), and
this objective was met. In Saplember 2024 we staged a production of Oh My LonYI ty John Furse.
This was fomowed in Oct¢)ber by Nevilk s Island by Tirn Firth, involving the c￿$1nJcti0n of a vegeLited
island and part of a lake on stsgg.

Ledbury Arnataur Dramatic Socioty Limitod
For tho Year Ended 31•1 May 2025
ACHIEVEPAENTS AND PERFORMANCE (cont)
The traditional 'LADS famous panto. in January 2025 was 8eaufy & the Beast by Alex Jackson. Eight
of the ten performances sold out. and the rematning two cam• close. Our final production in the
financial year was May's Steel Magnolias. by Robert Harling.
Although not a LADS production as such, several LADS members participated in further
performances of Dark Remembered Days. a revuelcabaret-style produdion of words, INe music and
powerful visual images from the 193945 war years.. at Dymock Church in June 2024, as part of D-
Day commemorations, at the theatre in earty November. and finally at Edgbaston High School later
that month.
LADS ha8 participated over many years in the Herefordshire County Drama Festival (HCDF) of one-
act plays, which leads into the AlkEngland Theatre Festival (AETF), and we again welcomed the
Herefordshire Festival in March 2025. Various events conspired to limit the number of participants,
and LADS itsell was unable to contribute a production. As a result there was just a single 8e88ion of
three plays.
We were delighted to malntain the arrangement with the outreach progr4mrne of Th• Coutyard
Theatre in H•r•ftyd (an Arts Council of England National Portfolio Organisation) for them to usa the
theatre on a weekly ba81S to provide worf(shops for undw-188; this was extended this year to include
childr•n in yearn Reception lo 6. in addiiion to years 7-9 and years 10 and above. These activitses
are atill proving popular.
Melissa and Jason Johns, professional act¢X8 who started their careers wtth LADS, were again able
to stage a week4ong workshop in the theatre in August 2024, featurin9 drama games, improvi8ation,
character creating, d•vi8in9, and script wnting18ttyelling,' a 8ocond, 8hort¢r w(xkshop was provid0d
at Easter 2025.
LADS •nt•red a float ontrtlod The Man wtth the Midas Touch in the Augu818•nk Hollday Lodbury
Camival.
There were 29 film 8crnonlry8 In tho theatre during the year. Most films are 8hown on Frlday
evenings, but there are also s(xne showing8 on Wednesday mornings Nthich are especialty aimed ai
retired people In th• and which hav• a major soclal, as wdl as artistic, element. The total
number of screenings given above includes the Society's participation in th• 8ord•rfln•8 Film Festival
(four films), an annual HerefordshirelShrop8hire event aimed at provldlng ¢in•ma to rural afoa8.
Membership of the Film Club is basicalty a season ticket whereby, for £20pa, an individual can gain
entry at half pric• to all films shtr*￿ at the theatre, and this ¢ontinue8 to be popular.
Tha scre￿Ing of live perforniances continued. Some being transmitt•d live via $8tdlite and some
being played from 81u-ray recordings (ffilmed live,). 12 events were scraened from the National
Theatre and from Covent Garden (Royal Opera House and Royal 88llet). Admission prices are kopt
at the minimum contractual level and continue to bring new audiences to the th&qlre, ￿*)0 are able to
enjoy productions from major national venues where it would be uneconomic andlor impradical to
attend in person.
The theatm is hired by numèrous organisations, and - given the Society's objectives- particular
mention shoukl be made of events arranged by the Ledbury Brass Band. Ledbury Mothers, Union,
Angle Hughes, embroKlery classes. Ledbury Poetry Festival. Our Star Theatre Company,
Her8fordshire County Drama Festival. Ballet Malvem. Cecilia Hall Dance, Amelia K Dance Academy
and the All Dance School, Market Court Residents, Association arKI MaSe￿IdS Solicltors (for drop-in
consultations).
The plan described in last yearfs report lo re•arrange our storage space has been successfully
concluded.. 1) the bar area has been r•organized so that am bar stock can stored there: 2) props have
been moved Into the newly-extended room opposite the control room., 3) costum88 and furnrture have
been moved into the previous props store,. and 4) tools and other supplies have been moved from the
storage Shed at the raar of the theatre into the previous costume store. This has enabled us to

LaL*)ury Arnateur Dramab'c Soogty L*nitod
For th• Yoar Ended 31 It May 2025
ACHIEVEMENTS AND PERFORAIANCE Icont)
release significarrt Spa￿ in the Shad. to be used for storing all our pieces of Set on-site. This project
was made possibl• by a grant from the Elmley Foundation, as reported last year.
Full delails of the expenditure on those projects are given in the Financial Review.
Achiwemonts agalnst obJoctlv•s sot
Four'own, produclions during the year (objective of three).
96 di•tinct artistic ev•nts in total (120 p*formances), including 29 film screenings and 12 live or
film•d4ive 8creenings,
Outlook for th• Y•ar 2026 - 2026
Although we have lost Some member3 the Society's membership has hold up rea80nably well.
We hav• alroady staged a production of The Lieutenant of Inishmore by Martin McDonagh in Jun•
2025, and in September a 'Market Theatre Showcase, of two on8Act plays.. Agnes. writtén and
diracted by our member Patricia How (iftspired ty a visit to Haworth Parsonage and Anne Brontè'8
book Agn88 Grey); and How Do Wa Get Out of This? by another member Emity Mavizis. The
Market Theatre ShoKase programm8 pn>vides an opportunty for new writW8, actor8 and director8 to
showG88e their tal•nt8 to the public at affordable price8.
A production 18 in preparation for October of The BaNaGI ol Marfa Marten ty Beth Flintoff. Audition8
ha￿ boon cOmp￿ted for our v•ry popular January panto. which for 2026 will be Robin Hood & tho
Babes in the Wood. A full artistic programme for 2026 has already been scheduled.
TnJst888 are con8CiOU8 that a huge amount of work falls on a relatlvety 8maN numb6r of 8houlders
and that this rgmains another potential risk to the weN-being of the Society. An example this spring
occurred when one of our long-standing members had a serious aCC￿ent from which he is still
rocovering: he was therefore unable to assist %then our website suddenty became inacce88ible. and
we fac•d a Short but chall•ngin9 tim• Whi￿ wa workad to identrfy the problem (an 'upgrade' to
software used to run the web$rt•) and a solution - another member was able to assist and the
website was back up and running within a few hours.
We had already identified ttr￿ risk presented by having any vital resource dependent on the
availabilty of a single person. and a Business Continuity Group is meeting wilh all the trustees and
other rnembers who perfomi 8ignfficanl function8 to document their roles and activities, both to
assemble infomith'on for u88 in the event of unavailabilty of a k•y p•r8on, and to provide a basis far
succession pjaftning.
The Trustee81dir8ctor8 continue to rwiaw and pursue a specffic plan ol expenditure on major items to
invest in further improvements to the theatre. In particular our Artistic Director is actively purnuing
funding to enable us to replace our incandescent lanterns with LED fixtures. We are also
conternplating mplacing our 25-year old stage during our 'qU￿t, period in summer 2026.
FINANCIAL REVIEW
R•vl•w of th• charlty'• fln•ncl•l posltlon at th• end of tho y•ar
The accounts and notes to the accounts for the period to 31 May 2025 ar• in pages 8 to 18 of this
reporL
The total net surplu8 from all theatrical events (ie excluding hiring3 and general support costs) was
£46.158 (202>24.. £34,250).

Ledbury Amateur Dramats'c Society kn'mited
For the Year Ended 3111 May 2025
The surplus for LADS. own productions (direct Costs onty and excluding bar) was £13.049 (202>24..
£11,370), and for all events (dr￿￿a. Music, filrns and screenings) this surplus was £37,630 (£28,545).
However, thera werè also general support Costs (eg insurance. electricty. publicity. deaning etc) of
£64.485 (202>24: £48,653).
The total net surplus from all activits8S, taking account of grants and general support costs, was
£1,285 (2023-24: £4.247 def￿1t).
Wo use the Services of Ticketsource to manage 8lrrK)St all seat bookings, which greatly 8implifies
management of this function and compliance with legal requirements. and of Square to take credit
card payrn8nts. These services result in deduction of ccmmissions at source. and previousty the
income figures for events have been stated net of these deductions. However, these are cos18
incurred by us, SO the amount of these commissions is now shown explicrtty in the expenditure on
support costs. and the income section now ststes the gross figures for events.
Routine expenditure from unrostricted funds incr￿￿ to £125,471 (202>24: £103,189).
The Major projects fund spent £14.930 (2023-24.. £11,576). This designated fund was established
some years ago to r8cogni88 that major expenditure both on the building and on equipment can occur
at irregular intervals and should not be part of a Singlè yoarfs income and expenditure account.
Fortunatety the Society is in a very strong posilion financially. Thi8 18 owin91o three prlncyl factorn..
All contributors to the Socioty's aciivrtles are volunteers., hav• no pa￿ staff, and 80 no salary
bill; w• ar• •xlremely fortunat• Ihat 80 many tahnted p￿PIe arn wllling to donal• time and
ex￿rtIse to the Socw'8 activitie8. which conlributes to the third fath)r b•low- w• thank th•m all.,
We own the theatre and the land on which it Stands, so we pay no rent,. atthough we we on th•
Business Rates Ragist•r, wè ar• •xcu8ed all rat88 by virtu• of our charitable slatus (including the
20% %thich is •xcused at th• discretion of Herefordshire Council. lo wo ar• gratoful).,
W8 had a succession of succesthil productions over many yearn, which typlcalty mak•
$urplu8 ov•r th• production cos18; th18, coupl•d wth prudent financial m8na9•m•nt. has •nabl•d
th• So¢i•ty to bulld up 8ub$tantial r•8•rv•8, a8 tho accompanying Flnanclal R•port 8how8.
RHervo• Pollcy
The Society's policy on re8orve8 1$ to •nsur• that the general account corrtains enough to cover total
expenditure for one year.
Amount of R•••rvM Hald
At 31 st May 2025 the Society had net current a83ets of £93.484. Wthin general re88rve8 there were
current as$•ts of £73,556. Cash r88eNe8 of £17,831 are held against tho designated Major Projects
fund.
Explanatlon of any unc•rtalntl•s about th• charlty contlnulng as a golng conc•m
The Trustaas have reviewed the position and confimi the charity is and is fully expected to continue
as a going concem.
Th• charlty'• prfnclpal ￿ure￿ of fund8 (Includlng any fundralslng)
Income from ticket sahs. mombership subscriptions and theatre hiring f•ts compris• our usual
funding stream. though in the current year the Society was fortunate to receive substantial donations
towards publicity (including brochure printing and regular email shots) and our long4erm plan to install
LED theatre lantems. The Society is grateful for this support.
A d88crlMlon of th? prlnclpal risks faclng th• chartty
Trustees are conscious that a huge amounl of work falls on a relativ•ty small number of volunteer
shoulders and that this remains a potential risk to the well-being of the Society.

Ledbury Amateur Oramatsc So￿0ty Limited
For th8 Year Ended 3181 May 2025
Expertise on certain asp•cts of th• Society's op8rth.on is concèntrated in a faw pe¢pl8, in some cases
just one. As noted above. a Business c￿tinUty Gn>up has l)een e8tabli8hed to address arKI mitwe
this risk.
STRUCTURE, GOVERNANCE AND IAAMAGEMENT
Govomlng documont
The charity is controlled by ts Memorandum and Articles of Association and constitutes a Ilmrted
company. limiled by guarantee, as defined by the Companies Act 2006. The kabilty of each member
is limited lo £10.
R•crultm•nt and appolntmont of now tru•tO
Tru￿88$1dlr8et0rs are electod or rfrelectod annualty by the Annual General Meeting whid) is usually
held in OctoberlNovembei, but which must be hekl no more than ffieen months after the pmious
such meeting.
Tho charlty'• organl••tlonal •tructur• and any wld•r notwork wlth whlch tho charlty works
The Board of director8ftfu8to08 meets approximately rn￿1hty and coordinalgs the Soci8ty's activili•s.
The Board includes a Chainnan, Vicrthainnen, Treasurer, and Artsstic Director (who arranges the
overall pro9ranNne of artistic events). An Artistic Programme Group devi8es and proposes lo the
Board the SocW's Programff￿ of'own. woductions.
The Society cwrnte• wrth:
Arts Alwe and Flicks in th8 Sticks, which promote arts and film •v•nts in partnorship wlth local
pooplo in Shropshire, Heretsdshire arKI surrounding areas:
Bordertlnes Fllm Festival. th• UK'S larg88t rurnl film f•8tival. which tak￿ pla¢• ov•r 17 day8 in 25
venu•s acrom Hw•ford8hir•, Shrop8hir•. Malvem and the Marchu:
L8dbury Poetry F8strrfal;
L8dbury Fringg,.
H8rnfordshirn County Dr8ma F08tivat
AlkEngland Theatre Festival,.
Courtyard Theatre, Hereford,.
Ledbury Community Day, vthith highlights group8 and organisalion8 sorving L•dbury and district;
L8dbury Camival
DECLARATIONS
The company ha6 taken advantage of lh8 small companies. exemption in preparing the report above.
The trustees dedare Ihat they have apyoved the trustees, report (induding director8. report) above.
ON BEHALF OF THE BOARD:
kj cd£c
Sdty Watson

Ledbury Amatsur Dramats'c SW Limiied
Forthe Year EtTrJed 311t May 2025
Indyndont Examlnerfs Report to the trusteos of Ledbury Amatour Dramatlc Socl•ty Llmtt•d
I report on the accounts for the year ended 31 May 2025 which compris& th• Statement of Financial
Activities, the Summary Income and Expenditure Account, the Balance she￿ Ihe related not•s.
Respectlvo rosponslbllltlm ol tru•tea• and examln•r
The charitls tnjstees (vtho are also Ihe directors for the purposes of company law) are responslble
for the preparation of the accounts. The charity's trustees consider that an audit is nol required for this
year (under Section 144(2) of the Chanties Act 2011 (the 2011 Act)) and that an ind8p8ndent
ex￿InatIon is requlrod.
Having sats'sfied myself that the charity is not subject to audit under company law and is eligible for
indeperthnt examination, it i• my respons￿lIty to..
•xamine tho accounts under Section 145 of the 2011 Act
to follow th• procedures laid down in tho G•n•ral Dir•ction$ giv•n by tha Charlty
Commission (under S•dion 145(5)(b) of th• 2011 Act).. and
to State wh•thw partlcular matters have com• to my attention.
Ba•18 of th• Ind•p•ftd•nt •xamln•rf• r•port
My examination was carried oul in accordance with the General Directlon8 given by the Charity
Commission. An •xamlnatlon includes a review of the accounting records kept by the charity and
cryarison of the accounts presented with those records. It also includes consideration of any
unusual Items or di8closur•s in the accounts, and Seeking •xplanations from you as trustees
¢oncwning any such matt•r8. Th• procedurn8 undertaken do not provide all th• •v￿anc• that would
be requlred In an audll, and consaquentty no opinion is given a8 to whethor tho accoun18 pr•8•nt a
'true and fair view, and the report is limited to tho89 matters set out in the 8tatom•rrt8 b•low.
Ind•p•nd•nt •xafflln•rf• *tat•ffl•nt
In connection with my examination, no matter ha• come to my attenlion:
(1)
i¢h gives m• rna8onabl8 cau8• to bali•ve that, in any material re8pect, the
requirements
to keep accounting records in accordance wlth SectK)n 386 and 387 of the
Companies Act 2006; and
to prepare accounts which accord with the accounting records, cwnpty with the
accounting requirements of Section8 394 and 395 of the Companie8 Act 2006 and
with the mothods and principlos of thè Slatement of Recommended Praciice..
Accounting and Reporting by Charities
ha￿ not met; or
(2)
to vthich, in my opinion, attontion should be drawn in order to enable a proper
understanding of the accounts to be reached.
Luke Keegan, Chartered Management Accountant
Greendawn Accounting Ltd
1A Th8 Hom8nd
Ledbury
H8r8fordshire, HR8 1 BN
?GIL Tr.
2•2

Lé(knury Amataur Dramats'c Society Lmited
For th8 Year Ended 311t May 2025
Statement of financlal actlvltl88 Ilncludlng summary income and •xpenditure xcount)
RKomfflandod catsgorlos by
acllvlty
Unr8strlctsd R•8trlct•d
funds
fund•
Notei
2025
2024
Income
Incom• and ondowm•nts from:
t)onations and18gacies
Charitsble activities
Other trading activit*s
Interest
Other
Total
5,258
109,732
2,588
1,269
14,625
19,883
109,732
2,588
1,269
19,336
91,073
2,287
1,244
Exp•ndltur•
Charitable activities
60.986
60,986
(54,536)
Other Support Costs
Total
126472
103 189
Tran•f•rn b•tw••n fvnd•
11
N•t mov•m•nt In fund•
R•conclllatlon of fi•nd•:
Total fund8 brought lo￿ard
Total fund• carrl•d forw•r
250,729
250 729 250 729
25
013

Ledbury Amateur Dramab'c SO¢￿ Lirnrted
Forthe Year Ended 311t May 2025
8alanco •h•ot
Unrostrlct•d R•stflct•d
funds
funds
2026
2024
Fixed assets
Tangible as8•ts
Total fix•d ass•t8
158 528
158 528
153895
Curront a•••ts
stocks
Debtor•
Cash al bank arKI in hand
Total current a•••ts
1,521
3.162
1.521
3,162
93,704
587
3,104
96,372
10
7,IXIO
Cr•dttorn: amount• falllng
du• wlthln on• ymr
4,903
4,903
3,229
N•t Gurrffit a•••tsllll•bllltlM)
93
Total as••ts1•8• ¢uvr•nt
Ilablllll
262013
Cr•dltor•: amount• falllng
du• •ft•r on• y•ar
Tolal n•t a•••ts or Ilabllltl
Funds of th• Charlty
Restricted income funds
Unrestricted funds
Total fvnd•
24S013
252 013
262 013
250 729

Ledbury Nrnateur Dramatic So• knmited
For tho Y•ar Ended 3111 May 2025
The company was entrfed to &xamption from audrt under s477 of tha Companies Act 20CI8 relating to
small companies.
The membern have not required the company to obtain an audit in accordance with section 476 of the
C￿￿panIeS Act 2006.
The directors ackn(y*ledge their rosponsibilities for complying with the requirements of the cOr￿nieS
Act wilh re8P8Ct to accounts'ng rwds and the preparation of accounts.
Those accounts have been propared in accordance with the provisions applicable to small companies
subj'ect to the wnal ¢￿￿PanIeS reg#n• and in accordance with FRS102 SORP.
Signed by
Date
10

Lédbury Amateur Dramatic Socw Limrtad
For the Year Ended 3111 May 2025
Mot• 1 8a818 of pr•paratlon
1.18a•l• of ac¢ount•ng
These accounts have been prepared under the historical cost convention with items recogni8ed at cost
or transaction value unless otheAYise staled in the relevant note(s) to these accounts.
The accounts have been prepared in xcordance with..
the Statement of Recommended Practice: Acwjnling and Repoth'ng by Chariti88 prnparing thoir
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) issued on 16 July 2014 and with lh8 Financial Reporting Standard applicable in the
United Kingdom and Republic of Ireland {FRS 102) and ￿th the Charities Act 2011.
The charity constitute8 a public benefrt entty a8 defined by FRS 102.
Not• 2 Accountlng pollcl
2.1 Incom•
R•cognltlon of Incom•
These are included in the Statement of Financial Activiti•8 (SOFA) *th•n:
Ihe charity becomes entrtled to the resource8,'
li is rnor• likely than not that the trustees wlll receive the re8ourco8:
the mondary value can be moasurod with $uffici•nt r•liability.
Off••ttlng
Th•r• has bwn no offsetting of ai•et8 and 11abllltl￿. or Income and
ex￿n8¢s. unl￿8 r•quir•d or p•mittod by the FRS 102 SORP or FRS
102.
Grnnts and donatlon8
Grnnts and donatlon8 are onty Includad In th• SOFA wh•n th• gonwal
incc*n• r•cognitlon Cflt•ria ar• m•t <5.10 to 5.12 FRS102 SORP).
Tax r•clalm• on
donallon• and glft•
Gift Akl receSvable is included in income ￿en there 18 a valid declaration
from the donor, Any Gift Aid wnounl recovered on a donation is
considered to be part of that gift and 18 treated as an addition to the 8arr
fund as tho iniiial donation unless the donor or Ihe terms of the appgal
have •pecified otherwise.
Donated goods
Donated goods are measured at lair value (the amount for which the
asset could be exchanged) unle88 impractical to do so.
Goods donatéd for on-gtitng use by the charlty are recogni8ed as langible
r￿ed assets and induded in the SOFA a8 incoming r880urc6s ￿en
receivablo.
Volunts•r h￿p
The value of any voluntary help r8c8iv8d is indud•d in the accounts
bui is described in the trustees, annual report.
Incomo from Intoro•(
royattlgs and dlvldend•
This 18 included in the accounts when receipt is probable and the amount
receivabl• can b• measurnd reli&tyty.
11

Lao*ury Amat•Jr Dramatic Soaety Limrted
For tho Year ErKled 31•t May 2025
Incom• from
membershlp
•ubscrfpllons
Membership subscriptions received in the nature of a gift are racognisod
in Donth'ons and Legacies.
2.2 Exp￿dIture and Ll•bllftl8•
Uablllty rwnltlon
Liabilities are recognised where it is more likely than not that there is
legal or constructive obligation committing the charty to pay out resources
and the amount of the oblwion can b• measured with rea80nable
certainty.
Govornanc• and •upport Support costs have been allocated between govemance costs and other
support. Govemance costs comprise all costs involving public
a¢countabilrty of the charity and its complianc8 With regulation and good
practice.
D•f•ff•d Incom•
No material rtem of deferred income ha8 been included in the accounts.
Tanglbh fix•d a•••t• lor Th•8é are ¢apitali•ed rf1h￿ can be u80d for more than year.
ty chavlty
Fixed afe valued at co•1.
stocks and work In
progr•••
G¢¢d$ or 8•rvl¢•• provKl•d a8 part of a Gharltable activty ar• m•a8ured
at n•t ruli•abb valu• ba8•d on the ￿r¥•c• potential provided by items of
Debtor8 (includlng Irade debtors, loans r8c8tvabl8 and pr&paym8nts) ar•
measured On inrtial recognrtion at 8etllement amount after any trade
discounts or amount advanced by the charty. Subsequently, they are
mea•urad at the cash or othor consld8ra￿n expectod to ￿ rnCON•d.
12

Ledlyjry Amateur Dramatic Lirniiad
For the Year Ended 31* May 2025
Not• 3 Incom•
Unr•StrIct￿ R•btrlct•d
fund•
fund•
Analy•l8 of Income
2026
2024
Donatlons
Mambers Subscriptions
and logaclog: Youth Theatre Subscriptions
Donalion8
Grant frcxn Elm* FourKlation
UK Shared Prospenty Fund
Other Grants
Affiliat88
Total
1,880
1,465
810
817
10,000
1,952
1,952
7.625
7.000
7,625
7,000
1,426
5,000
14.625
Charltabl•
act1v1t1￿.
LADS Productions
Fikns (inc 8'Line8)
Film Club
Screening8
Other Production•
Youth
Front ol Hou88 Sale8- Barnce
Cream
Programm• Sales
Programme Adv•rt8
Brochur• Sponsorship
Total
20,915
10,262
20,915
10,262
290
16,778
39,454
21,920
7,565
565
11,087
32,986
1,407
16,778
39,454
19,091
19,091
14,086
527
50
109732
Olh•r tradlng
actlvttl••:
V•nu• Hire
Oth•r
T¢>tal
2,588
909
3.497
2,287
Othw:
Irtsrest Income
Other
Total
1.269
1.269
1,244
TOTAL INCOME
119,755
14,625 134,380 113,942
13

L•dbJry Amatsur Dramatic Soc• Limited
For thè Year Ended 3111 May 2025
Not• 4
Exp•ndlture
Unrnstrlct•d Rmtrfct
fund•
funds
Analy818 of •xp•ndlture
2025
2024
Eyndltur• LADS Productions
on charltabl•
Flkn8 (inc B'Line8)
acllvltles
Film Club
Screenings
(Jher productions
Y¢yJth
Front of House - Barllce Cr•am
Opening Slock
F￿1 of Hou80 - 8arAc• Cr•am
Purchases
Front of Hou88 - Barllce Cream
Closing Stock
Programm• Costs
YT Direct Co818
Total •xp•ndliurn on charllabl•
actlvltl
7,866
6.969
7,866
6,969
10,550
4.186
7,605
29,697
28
7,605
29.697
28
7.374
24,807
48
587
587
521
9,585
9.585
7,637
(1.521)
170
(1,521)
170
(587)
Support
Cost•
Insurance
4,218
9,356
9.152
2,299
4,326
4,218
9,356
9,152
2,299
3,854
7,851
3,599
1,748
2.607
Mlnor Malntenance
Building PurGha•e•
Equipment Pur¢ha8
Major Proiocts '
Llcen¢es
ststioneryipo8taWPrinting
Storage
SubscrSptions
Pubh'cty
Cleaning
Finance Co8t8
Card Charge•nicket commimion"
Sundry
Room Hire
Gov•manca
Training (Tru81088 and
Volunleern)
Depreciatlon
Tolal oth•r •xp•ndltur•
1,e60
1,860
1,468
580
5,221
6.233
526
5.724
2,133
1,733
7,625
12,846
6,233
526
5,724
2.133
1,733
8,714
5,962
504
349
728
433
714
714
10.296
48 653
TOTAL EXPENDITURE
133,097
103 189
. In the year expenditure on Major Projects has been capitaltsed. see Not• 6 - Tangible
Fixed Assets
"Costs associated with card payment costs (Square Up) and Ticket Source.
14

Ledbury knateur Dramatic s￿ Limited
For the Year ErKlod 3181 May 2025
Note 6
Datalls of c•rtaln typ•s of exp•ndltur•
2026
2024
Independent examinerfs fees
¢Jher fees
420
13
Not• 6
Tanglbh Flxod A•sot•
Fra•hold
Bulldlng
Land & Improv•m•nt•
Bulldlngs
Flxture•
Total
Flttlng•
At tho b•glnnlng of th• year
Addttlon•
At end of tha year
1ty),IXYJ
12.402 73,639 188.041
10,106
14,930
22.508 78.463 200,971
100,000
At baglnnlng of th• y•ar
Di8PO8a18
D•pr•clatlon ch41g•d In y•ar
At •nd of th• y•ar
Net book value at the beginning of th• y•ar
12.000
475
19,671
32.147
2,000
14,000
88,000
10,296
27,618 42A43
53.988
153.895
925
11,927
N•t book valu• at th• •nd of th• y•ar
21.683 60,946 168,628
The freehold land and buildings ¢on$i8t of th• Markot Th•atr•, tr8n•f•rr•d from th• prn0•￿$s0I
unincorporth•d Charlty. Th• Trust•￿ gava th• property a valuatlon of £100,000 on tran8f•r.
Exp8ndlture on Major ProJ•cts has baan treated as capital expenditur•. this was made up of:
Costum• Storage- £3,729; Kilchon Atterations - £8,377., siage Curtain - £4,824
Toial Major Projects expendlture In year.. £14,930
Ba8h for D•pr•clatlon
Fmhold Land 8 8uilding8 and Building Improvements are d•pm¢iated over a 50 year
life on a straight line ba8iS
Fixtures & Fthings ar• d￿recIated over a 10 y•ar1rf8 on a straight line basis
15

Ledbury Njnabur Dramatic kn'mltéd
For Yoar Ended 31￿ May 2025
N¢X• 7
Stocks
Stock
Barl Ic•
Crnam
Total
Charltabl• aciivhlm:
Opening Stock
Purchases
Cost of Sa￿3
Clo•lng
587
9.585
(7,571)
1,621
587
9,585
(7,571)
1.821
Not• 8
An•ly81s of d•btorn
Th1• y•ar
La•t y•ar
Pr•payment8 and accrued income
Total
Not• g
Cr•dltorn and K¢Nal•
8.1 Analy•l• of cr•dltor•
Amounts falllng du•
wlthln on• year
2025
2024
Amounts falllng du•
aft•r mor• than on• y••r
2025
2024
Trade credltors
Accru818 and deferred incoma
Total
Not• 10 Cuh at bank and In hand
2026
2024
Short lerm dep08rt8
Ca8h at bank and on hand
Toial
49,354
48,085
93.704
96.372
16

L•Jbury knateur Dramab'c So¢w Lirnli80
For the Year Ended 31*t May 2025
Nots 11
Chath funds
Dotalls of matorlal funds held and movomonts durlng th• CURRENT reportlng porlod
Fund
Fund
balanc•s
balanc
brought
carrf•d
forward Incom• Exp•n•M Tran8f•r• forward
Purpos• and
Typ•
Fund nam
General
Ggneral activities
Major
Major repairs and
Projects
refurbishments
Grant
Rowland8 Trust
Grant
Markeling Activities
Total Funds a• par bI￿nce •h••t
232,898
119,755 (125,472)
227,182
17,831
17,831
7,000
7,000
625
133097
250 729 134 380
DMlgnat•d funds
Plann•d us•
M4or Pr(4eCt8 Fund
Purpo•• of th• d•slgn4tlon
Major repalr8 arKI refurbl8hment8 8lnklng fund
Amount £
17,831
Rertrlrted Funds - Grants and Donatlons were recelved for the speclfic purpose of Marketlng
Materlals (Herefordshire Council)
D•tall• of mat•rfal fund• h•ld and mov•m•nts durlng th• PREVIOUS r•portln9 p•rlod
Fund
Fund
balanca•
lanc
brought
carrf•d
forwa￿ Incom• Exp•n•M Tvan•f•r• forward
Purpou and
RMtrlcllon•
Typ•
Fund names
Gener81
Major
Project8
General activities
Major repairs and
refuth'8hment8
222,145
98.942 {103,189)
15,000
232.898
17,831
17,831
Major
Prqect8
9￿enSI0nrre1esC0piC
Work Platfomi
Total Funds u pw balanc• sh••t
239976 113942
103 189
D•slgnat•d fund8
Plann•d use
Major Projects Fund
Puw of th• d•slgnatlon
Major repairs and refurfoishments slnking lund
Amount £
17,831
17

Ledbjry Amatsur Dramatic Sow Limited
For the Year Ended 31*1 May 2025
Not• 12
Transactions wlth trustees and related partles
12.1 Tru•to• r•mun•rallon and boneffts
None of the trustees have been paid any remuneration or received any other beneffts from an
¢￿V10yrn8nt with the charity or a related entty
12.2 Tru8teM' ?xp•nso8
The following expenses have been paid to TN8teo8 in the fulfilment of their
voluntary activities the chaiity.
The re-imbursement of out of pod(￿ expenses was incurred in their capacty as
LADS members (not Trusteès). for example In preparing stage products'ons,
theatre maintenanc• and add11￿￿lfeP1ac￿ent of theatre equipment:
2026
2024
Trav•1 and Sub8i8t•nce
Re•imbur8emenl of out of pod(•t •xpen888
TOTAL
7,193
8,378
8.378
7.193
Numb•f of tnJ8ttt8 that •xp•n808 were paid to:
(2024.9)
12.3 TrnnMctlon(•) wlth r•lat•d partl•8
There have been no related party transaction$ in the reporting peri￿1.
Not• 13
Company Ilmlt•d by guarante•
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribut• to the assets of the conyany, in the event of
winding up. such an amount as may be r8quir•d, not exceeding £10.
Not• 14
G•n•rnl Infonnatlon
Ledbury Amateur Dramatic Society Limited is a private company. limited by guarantee, incorporated in
England and Wales, registered nun#)er 10348636. The registered address is The Marf(et Theatre,
Market Street. Ledbury. Herefordshire. HR8 2AQ
18