REG1$7ERED CHARIYY NUMBER: 11779
Re
ort ot the frustees and
Audited Financial Statements
lor the Year Ended 31 Ma
2025
ARTHOUSE Unlimited
Bennewiih 2018 Limiled Istaiutory Avdiiorsl
Upper Ground Flogr
18 Farnham Road
Guildford
Surrev
GUI 4XA

ARTrIOUSE Unlimited
Contents of the Financial Staiements
lor the Year Ended 31 Ma
2025
Page
Report of ihe Trnstees
Report of the Independent Auditor5
Siaiemetht of Financial Activltles
Balance Sheet
Cash Flow Stateffltnt
Notes to the Cash Flow Staitment
io
Notes to the Financial Staltments
11 10 21
Detslled Stalernent ol Financlal Actfi¥itles
22 to 23

ARTHOUSE Unllmlted
t rt of the Trustees
for thé Year Ended JI ma￿2015
The trustees present their report wrh the financial 5tatement5 of rhe charity for the year ended 31 May 2025. The
trusiee5 have adopted the prov1510ns of Accounting and Reporting by Chanties. Siaternent of Recommended Practice
applicable to charities preparing their accounts In accofdance with the Financial Reporiing Standard applicable in the
UK and Reputslic ol Irelènd IFRS 1021 lelle(tive l January 20191.
OBJECTIVES AND AcllviTIES
ARTHOUSE Unlimiied continues to champion the artistic talents and skills of adults Iiwng with diVe￿e learnin8 and
physical sUPPOrt need5. The chatity exists to support each ind4v¢dual to create. collaborate. and build conlider7ce.
pr*de and purpose ihfough an. as well as inieracitng wilh the wider community. with a clea¥ locus on wellbelng.
inclusion and di£nitv.
The main obJectNe of the thariry Is to prowde a sèfe, 5timulaiing. and inclug¥e en￿ronMent where the artists can
develop iheir skills and see their wofk reco8nised in commercial and accessible settings. This creates public benefit bv
increasin8 50tsal inclusion and challenginB percepiions ol neufodiverse and physically disabled adults.
ACHIEVEMENTS AND PEAFORMANCE
The studio In GodJlming remains at the heart of our work. During the year. over 3.61X) Individual se$510n5 were
delivered across six day5 a week. with two session5 per day. Three art insiruttors and trained Inclus￿￿ officers
provided high levels ol support. enabling Ihe aribsis to develop iheir creaiive work. created by the long standing
instructor lea¢J, emoiional fesilience. and so(i31 engaÉement.
The work of the artlSts continues to be fecognlsed nationalfy. wilh collaborations and licensing partnerships Wlth
brands Including Boots. rhe V&A. Lush and Hush Puppie5. (kn Six) retailers now sell producis developed wtth the
art15ts' work. expandjng leach across Ihe UK and overseas.
PfOjKts with partner orÉanisation5, such as Mencap Newbury. enable the charity to extend Its suppon to more
indivi¢Jua15 and losier social and crtative enga8emenT. These collaborations retnlorce Ihe Iharily's public benefit by
providing meaningful opportunities for each 3rt15t to be seen. heard. and valued In wider Society.
Creat￿e Rtath
Creaii¥e feach coniinues to grow in extiling ways.
ARTHOUSE Unlimited 15 curreniiy workin8 wilh Sixreen Sourh and Adam long 19 produce a seven-minute animated
film. funded by rhe BFI, led by the CEO/Arr Director alongyde The Instruction Lead. This projert reflects a powerful
step In sharing the voice5. ima8inaiion. and presence ol the ariist5 Wlth wider audiences In a new and lasting lorm.
AlonRside ihts. each artlsl is bein8 repièsented ihrou8h developmental Iilm recofdinR5 01 their creative work. treaied
by rhe lon8-srandin8 instructor lead. These films allow earh IndivKlual to speak dir￿lIV io ihe public abouf who ihey
are and what rhey create. In fyfn. Iht public is Invited to look more r105ety. listen more openty. and consider how
8reater Inclusion can live within theiT own cornmvnities and daily live5.
We ¢oniinue to Ivndraise to support placements. working closely with lamilies who experience deep pride and
reassurance in seeing rheir rolati¥e reco8nised. visible and celebraied in high-prolile and meanin8ful setEin85. This
shared pride Strengthens confidence for the artisr. connettion for the family. and under5tandin8 for the widor world.
FINANCIAL REVIEW
The linanctal year was challenging due io the economic climate. Income from consumer sales remained steady. while
Costs were impacted by sraflinK chan8es. The charily deltrberatefy focused on a smallef. mole dynamic tearn, which
proved more cost.olfeciive than previous out50urccd arrangements.
Oe5Plte reduced overall donations. we maintained subsidised sessions lor aftisls. ensviing continuily of 5UPPDfl.
Li¢ensine income was slightly lower Ihan the piior ye31, relletting ihe absence of emcepiional receipts Irorn Ihe
previous period. Cash holdin85 reduced as expenses exceeded income. bul the organisarion tontinues io manage
costs efficiently. focu5in8 on charitable purposes.
At 31 May 2025. the Charity had É170k of resefves ol which £28k were restricted as per note 20.
Pa8e I

ARTHOUSE Unlimited
Repo_rt ot the Tfustees
2025
for the Year Ended 31 Ma￿_
FUTURE PLANS
The charify will iontinue to grow parrner5hips with aligned organisations. extending reach and impact across products
ond platforms. Strategic licensin8 deals will contribuie to lon8-term sustainability and Increased brand reco8nition.
while keeping the artists ceniial lo gi0￿h.
Plans include 51ren8ihenin8 ihe high streei shop volunteer artist programme and introducing a more structured
pJthv4ay of achievement and reco6nised ouicomes for art1515 developing recorded crearive ski115. This model is
Intended to provide up to iwel¥e supported Indwidual session5 each week. overseen by inclu510n leadership and
5vpporled by traineij volunteers. enabling clearer pfogresslon while maiDiaininK personalised care.
Conclusion
ARTHOUSE Unlimited remains committed 10 5UPPOrting each art151 to create. co113borate. and thrrve. Through
susia4ned engagement with the cornmunity. partnersh¢p5. and creatNe Initiatives. the charity continuos to
demonstraie public benefit. social impacl, and long-ierm 5LlStainability.
Tribute lo Colin Stoke5 MBE chaif of Trustee5
This year is marked with deep sadness followin8 the pas51ng of Colin Siokes on Thursday 5 February 2026. Colin
brought extraordinary insight. 8ener051ty. and wisdom to everythin8 he did. He had a rare ability to cornbine bu51ness
acumen with compassion. always Seeing the potenlial in people and the value In ideas. His leadership wa5 sleady.
inspirinL and far-reaching. and he dedicated himsell to creating an organisalion ihal could securely oller a space lor
eaeh artist io thrive.
Colin brought exieptional business (Linty and gener051ty 015pirit. He understood boih the vulnerabilsty of exclusion
and tho transformative power ol belongin& dedicatbng himself lo ensurin8 the charity would endure with strenglh
and Integrity.
H¢5 leadership galvanised people. created stabililv, and laid the loundatiorts thai now hold the or8ani5ation securely.
While his Ioss 15 profoundly felt, the charity continues In safe and committed hands. 8uided by a strong team and
trustees devoted io sale8uarding Inclu510n. dignity. and opportunity for every artlst. His legacy live5 on In ihe daily Ille
ol the studio and ihe conttnued tlrive lor sustainabilily. ollering each art151 Opportunity and inclusion lor a long time
io come.
STRUCWRE, GOVERNANCE AND MANAGEMENT
Go¥erning document
The charity is £onirolled by ils governing d￿UMen1, a deed ol iru51 and constitutes an unincorporated Charilv.
Trvsiees remain closely involved in all aspects ol the charity. DurinR the year. Jason McEachrèn Joined the Board ol
Trusrees. while Zoe Marsden deparTed. The charity coniinues io have a stron& dedicated team of employees and
volunteers. en5urin8 that Se55￿n$ and creative dcveloprnent for rhe art151S continve successfully.
Trustees p¥ovide ovefsight 01 5tiaiegy, safeguarding. Inclusion, and financial rnana8emtni. ensuring the cha¢iEY
continues io operate susiainably and in line wilh its objectives.
Recruitment of Trustees Is subl￿t to appropriate vetting piocedures Including Di5£105ure and Barring Service checks.
There Is no 5pecifi£ policy regarding the Iraining bul IlilStee5 are guided to read the Governmenl webstte snlormation.
There is no specific polity lor settln8 the pay and remuner31ion ol ihe ch3riVs key management personnel except
Ihat the trustee5 approve the pav.
REFERENCE AND ADMINISTRATIVE O￿AlL5
Registered Chartty number
11779(K)
Page 2

ARTHOVSE Unlimited
Re
rt of iht Trustees
for the Year Endtd 31 Ma
2025
Principal addre55
96 High Street
Godalmin8
Surrey
GU7 IDW
Trnste*s
Dr Colin Stokes MBf Idecea5ed 5.2_261
Anna C05S
Zoe Alice Marsden (resigned 3.1.251
David Charles Jukes Interim Chair ol Trustees
lan Stoke5
Ja50n McEJchran lappointed 13.9.241
Audltors
Bennewith 2018 Limited Istaiurory Audiior5}
Upper Ground Floor
18 Farnham Road
Guildlord
Suftey
GU14XA
STATEMENT OF TRUSTEES. RESPONSIBILITIES
Thc tru5lce5 are responsible for preparing the Rewrt ol the Trustees and the financial 5tatement5 sn accordance wilh
applicable law and United Kingdom Accounting Standards Iuniied Kingdom Generally Accepied Aicounting Practicel.
Chariiv law requires ihe trustees io prepare financtal Statements lor each financial year. Under ihat law. the trusiees
have el￿ted to prepare rhe Iinancial statements in accordar)ie with United Kin8dom Generally Accepteil Accounting
Practice (United Kingdom Accounting Standards and applicable lawl.
Under tharsty law The irusiees must not approve the financial st3temenis un5ess ihey are saiisfied that they give a
true and lair view of the state ol affairs of the chariiy and ol the incoming resources and application ol re50urces.
including the Income and expenditure, of ihe charity for that period. In prepafin8 those financi31 sratemtnt5. thc
tru5tee5 are required to
sele(i suitable accouniing poltcies and then apply them consistèntlv-
observe the methods and principles In the Charities SORP.
make Judgemerb15 and e5Timare5 Ihat are feasonable and prudent..
State wtrLether Jpplicable accountin8 Standards have been followed. Subject to any material departures disclosed
and explained in Ihe linanctal staiemenis;
prepare the financial staiemenis on the goin£ concern basis unless it is bnappropriaie to presume that the charity
will continue in business.
The tru5tee5 are responsible lor keeptng proper accounting records which disclose wsth rea50noble accurary at anv
time the financial p051lion ol the charity and to enable thern to ensure ihat the linancial 5talements comply wilh tho
Charities Act 2011 and The Charity IAccounis and Reports) ReRulaiions 2(*)8. They are also responsible lor
safeguèfdin8 rhe assets ol ihe chaiity and hence lor iakin8 reasonable sieps lor ihe pievention and detecTion ol Iraud
and other Irregularitie5.
ved by order of the boaid ol i¥ustee5 on
Ls.s.e6.
. and signed on lis beh311 by..
David Cha
eslu
es Tiusiee
Page 3

Re
rt of ihe Inde
ndtni Audiiors to the TruKees of
ARTHOUSE Unlirnited
Opinlon
We have audited the financial statements ol ARTHOUSE Unlimiied Iihe 'charity'l for ihe year ent1ed 31 M3y 2025
which comprise rhe Sraiernent ol Financial Aclivitteg. the Balance Sheet, the Cash Flow Statement and not*5 to the
financial 5tatemenis. Including 3 summary ol significant accounting policies. The financial reporting framework that
ha5 been applied in iheif preparation Is app14C3ble law and United Kingdom Accounting Standards (United Kingdom
Geneially Accepied Accounting Practicel.
In our opinion ihe financial siaiemenis-.
give a true ènd fair view of the siare ol the charity's affairs a5 at 31 May 2025 and of its Incoming resources and
application of resource5. for the yoar then ended..
have been properly prepared in aicordance wilh United Kingdorn Generally Accepted Accounting Practice., and
have been prepared in accordance with the fequiremenis of the Charities Act 2011.
8asis lor opinion
We conducted our audit In accordance wth Intefnaiional Standatds on Auditing IUKI IISAS IUKII and applicable law.
Our re5pon5ibilklies under those standards are further described in the Auditors. re5pon51bilities lor the audit ol the
linancial Statements section ol our report. We are independent ol ihe charity in aceordance WiTh the ethical
requifemenis thar are relevant io our audii ol the financial statements in the UK. including the FRC'S Ethical Standard.
nd we have Ivlfillcd our othef erhical responsibilities in arcordance wilh these requirements. We believe ihat the
audit ev¢dence we have obtained Is sufficient Jnd appropriate to prowde a ba515 IOT our opinion.
Concluslons relating lo golng toncem
In 3uditinB the financial staiemenis. we have coricluded ihat the trusiees. use ol the goin8 concern basis ol accounting
in the preparaiion of the financial staiements Is appropriate.
Based on the work we have performed. we have not idenlified any material uncertainties relatin8 to evenis or
conditions thai. Individualty or collecti¥ely, may casi sienilicanl doubt on the charity's ability to continue as a going
contern for a period ol ai leasi iwelve monihs Irom when the linantial siaiemenls are authorised lor issue.
Our responsibilirie5 and the responsibilities of the trustees wrth re5pett to 80in8 concern are described In the relevant
5eclions of this report.
Other Inforniatlon
The trusiees are responsible for the oiher inform31ion. The oiher inlofmaiion comprises the informaiion Included in
the Annual Report, other than the financial statements and our Report of the Independent Audiiors ihereon.
Our opinion on the financial staiemenls does not cover the other inlormallon and. except to the exteni oihefwise
expliciily sialed In our report, we do not express any lofm ol assufance conclusion iheieon.
In connection with oui audii of the financial staiements. our responsibilily 15 10 read the other Inlormation and. in
doing $0. consider whether the other informaiion Is materially Inconsistent wrth the financial statement5 Of our
knowledge obtained in the audit or oiherwise appears to be maierially mssstaied. If we identify such material
inconsistencies or appareni matefial missiatemenls. we are required to deiefmine wheihev this gives rise to
maiefial misstatemeni in ihe financial staiemenis ihernselves. 11. based on the work we have performed. we conclude
thèt there 15 a material misstatement of this other Inlormation. we are required to repon that fad. We have nothing
to report in this reeard.
Matters on whkh we are requlred to report by emteptlot)
We have nothing to report in respect of ihe following matters where rhe Charities IAccovnrs and Reports) Regulations
21x18 require5 VS to report ro you if. In our opinion..
the Information given In the Report of the Trustees is inconsistent in any maierial respect wrth the financial
statement5', or
sullicient accouniin8 records have noi been kept.. or
the financial staiemenis are not in a8feemeni with the accouniin& records and feiurns- or
we have not receNed all the infofmation and explanations we require lof Our audit.
Page 4

rt of the Inde
ndeni Audiiors to the TTUStee5 of
ARTHOUSE Unlimited
Responslbilities of trusiees
A5 explained more fully In the Statement ol Trusiees. Responsibilities. the trustees are responsible for ihe pieparation
ol the financial statements which give a twe and faif view. and for such internal conirol a5 the fru51ees determine is
necessary to enable the preparation of fsnancial Statements that are free from Material rnisstatement, whether due to
fraud or error.
In preparing ihe financial siaiemenis, the trusiee5 are ¥esponsible lor assessinB ihe charitV'5 abiliry io continue as
going concern, disclosin& as applicable. matters related to 8oin8 concern and u51ng the 80in8 concern bas¢s of
accountin8 unless the trustees either irbtend to liquidate the chanty or io cease operations. or havo no realistic
aliernative bul to do so.
Our responsibilities for the audii of the financial statements
We havo been appoinred as auditor5 under Section 144 01 the Chaflties Act 2011 and reporr in accordance wih the
Act and relevant regulations made or havjng effect thereunder.
Our objecttves are to obiain reasonable assurante abotjt whether the financTal siaiements as a whole are Iree ffom
material misstaremenr, whether due to Iraud or error. and io iswe a Repon ol rhe Independent Auditors that includes
Ouf opinion. Reasonable assurance 15 a high level of assuranie. but 15 not a guaraniee that an audit conducied in
accordance with ISAS IUKI w¥ll always detett a material mi5Staternent when li ex1515. M155tatement5 can arise from
Iraud or error and 3re considered maierial il. Individually or In the aggiegate. they could reasonably be expected to
inlluence the economic decisions ol users taken on the basis ol these linancial siaiemenis.
Tho extent to which our procedures are capable of detectithg Irregularities, Including fraud Is detailed below=
We obtained an understandin8 ol the legal and regulatory frameworks that are applicable to the entity and
deiermined the fflosi slgnilicant are those thai relate to Charities SORP IFRS 1021. pension laws and regulations and
tax fegulations.
We assessed rhe r15k5 01 rnatenal m15Statemeni in respecr of fraud a5 follow5.'
Enquiries made ol m3naKernent and those charged with governance as well as the servile
relation io payroll setvices
Analylical procedures were used to tdeniify il there were any unusual or unexpected relaiionships
Discussions with management TO ideniify any fraud fisk lauors of related party relaiionships and trangaciions
organisation in
Based on the results of our risk a55e55ment we deS￿ned our audit procedures io identify norb-complianie vdith such
law5 and re8ulations identified above.
Enouiries were made ol management aftd Those charged with governènce. We coifoborated our enqulnes ihrou8h
the review of Board minutes ar7d other papers provided. There was no contradictory ev7dence.
We considered the risk ol fraud thiough management override and. ift response. we incorporated testing ol manual
journal entries Inlo our audTrl approach. We tesied year end journals as well as Jovcnal entries ihroughout the year.
There were no Tfansaciions Identified ouiside the normal course ol bu51nes5.
8a5ed on the results of our risk a55es5ment we designed our audir procedures to identify and to address material
m15Statements In relaiion io Ir3u¢J. We InlO¥POTated an elemenl ol unpredictability in the sele(tion ol the noture.
lim*ng. and extenl ol audit procedures.
Where tran5aition meering nsk criteria were Identified. we carried our further work such as additional iesting to
source Informoiion.
In accordance with ISAS IUKI. we exercised prolessional judKmenl and maintained prolessional sceptEC4sm throughout
the audit.
A further de5CnPtion of our respOn￿bIllI1es for the audit of the financial statemen15 Is located on the Ftnancial
Reporting Council'5 website al ws¥w.Irc.or8.uk/auditOfSfespon5ibililies. This description lorrns part of our Repori ol
Ihe Independent Auditors.
Page 5

rt of ihe Inde
ndeni Awditors to the Trustees ol
ARTHOUSÉ Unlimil
Use of our report
This report is made solely 10 the charily's trustees, as a body, in accordance wilh Pan 4 of the Chariiies (Accounis and
Report51 Regularion5 2008. Our audil work has been undertaken so that we rniKht state to the chafity's trustees those
mottcrs we are fequired io stale to ihem in an auditors. report and for no other purpose. To ihe fullest exteni
permitted by 13w, we do not accepi or assume responsibility to anyone oiher rhan Ihe charily and ihe charity's
Iru5tees as a body, lor our audit Wofk. fof ihi5 report. or lor the opinions we have formed.
8ennewith 2018 Limited Istatutory Audiiorsl
Up￿¥ Ground Floof
18 Farnham Road
Guildford
SuTrev
GU14XA
Date..
Pa8e 6

ARTHOLISE Unllmited
Stalement of Fina￿la1 Arti￿t￿$
for the Year Ended 31 May_2025
31.5.25
Total
funds
31.5.24
Total
funds
as restated
Unrestnaed
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Oonations 3nd legacies
40.411
40.411
123,566
Charitable artl¥ltles
Shop sales
Commission5
Online retail sales
Trade 5ale5
Art 5e5sions
Corporale gilt sales
Original sales
42,978
32.226
161.064
822.707
69.862
24.758
21,702
42,978
32.226
161.064
822.707
69.862
24.7S8
21.702
43.458
162.671
124.931
822.890
97,255
31,611
24.330
Investment income
Other income
1.725
1.725
2.472
200
Total
1.218.933
1.218.933
1.433.384
EXPENDITURE ON
Raising funds
8.074
8.074
18,939
Charitable actl¥tli*s
Goods Purchased for ResJle
Miscellaneous Purchases
Packaging and Carri3ge
MarketinR and PA
Courioi Fees
Package and Carnage- Trade Sales
Art15t Materials
FundraisinB expense5
Trade show costs
Commi$5ion on Sales
565.454
565.454
S76.952
7,990
9,05S
52,603
3,949
49.998
1.669
62.804
59.711
62,804
59.711
9.055
776
14.568
3.645
9.055
776
14.568
3,645
20,853
Other
665.¢￿1
665.LX)4
613.846
Total
1.389,C81
1.389.091
1,355.854
NET INCOMEIIEXPÉNDITUREI
1170.1581
1170.1581
77.530
RECONCILIATION OF FUNDS
Total funds brought forward
311.836
28.395
340.231
262.701
TOTAL FUNDS CARRIED FORWARD
141.678
28.395
170,073
340,231
The notes form part of these financial staiemenls
PaKe 7

ARTHOUSE Unlimited
Balanre Sheet
31 May 2025
31.5.25
Total
lunds
31.5.24
Total
fund5
as re51ated
Unresiricred
funds
Re5rrscted
funds
Notes
FIXED ASSETS
Tan8ible asseis
15
10.394
10.394
15.166
CURRENT ASSETS
Stocks
Debtors.. amounts lallin8 due wiihin one year
Cash at bank
IG
17
105.389
79.646
89.084
105,189
79,646
117.479
113.463
171.2CQ
231,405
28.395
274.119
28,395
302,SI4
516.068
CREDITORS
Amounts fallin8 due within one year
18
1116,6081
1116.6081
1153,7761
NETCURRENT ASSETS
157.511
28.395
185.906
362.292
TOTAL ASSETS LESS CURRENT LIABIUFIES
167.905
28.395
196.3
377.458
CREOITORS
Amounts lalling due after more than one year
19
126.2271
126.2271
137.2271
NET ASSETS
141.678
28.395
170.07J
340.231
FUNDS
Unro51ricied funds
8estricted lund5
20
141,678
28.395
311.836
28.395
TOTAL FUNOS
170,073
340.231
The financial statements were approved by the Board of Trustees and authoiised lor issue
. and were $18ned on It5 behalf by..
on
David Charl
Trustee
The notes form part ol these finanoal siatements
Page 8

ARTHOUSE Unlimited
Cash Flow Statement
for the Year Ended 31 Ma 202
31.5.25
31.5.24
as restated
Notes
Cash flows Irom opratin8 actfvltl*s
Cash 8eneraied Irom operaiions
1111.4681
117,6551
Net cash used irt operating actwitie5
1111,4681
117.6555
Cash IIow5 from inve5tin8 act•￿tIeS
Purchase of tangible fixed assets
Sale ol tan8ible fixed assets
13.9581
13.7971
2CK)
Net cash used in investin8 activities
12.4581
13,5971
Changt In cash and tash equl¥alents in the
reporting period
Cash and ta5h equlvalents at the beglnnln8
of ihe reportin8 period
1113,9261
121.2S21
231.405
252.657
Cash and cash equ5¥alents at the end of
the ieporting period
117.479
231.405
The note5 form part of these flnancial siatements
Page 9

ARTHOUSE Unlimit
Note5 to the Cash Flow state11￿1t
for the Year Ended 31 May 2025
RECONCILIATION OF P4ET IEXPENDIWREII5NCOME TO NET CASH FLOW FROM OPERATING ACnVfflES
31.5.25
31.5.24
as restated
Net lexpenditurelllncome for ihe reportln8 perlod las per the
Statement of FIna￿la1 Artiviiiesl
Adjustments for..
Oepreciation charge5
Profit on IJ15POS310l fixed as5et5
Decrease In siocks
Decreasollincreasel in debtors
Oecrea5e in Cfeditors
1170.158
77.530
8.730
11.5thJl
8.074
91.554
148.1681
5.805
120))
19.027
156.1441
163.6731
Net cash used In operations
1111,4681
117.6SSI
ANALYSIS OF CHANGES IN NET FUNDS
Al 1.6.24
Cash flow
Ai 31.5.25
Net cash
Cash at bank
231.405
1113.9261
117.479
231.409
1113.9261
117.479
Total
231.405
1113.9261
117.479
The note5 form part ot these financial 5tatemertts
Page 10

ARTHOUSE Unlimited
Notts to the Flnanclal Stètements
for the Year Ended 31 Ma 2025
ACCOUNTING POUCIES
8asis of prepartng the rtnancial statements
The linancial statements ol the charity. which is a public benelit entity under FRS 102. have been prepared in
a£cordance with The Chafilies SORP IFRS 1021 'Atcouniing and Reporting by Chariiies". Staièment ol
Recommended Pracrtce applicable io chaTlt¢es preparin8 iheir accounis in accordance wilh the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191., Financial
Reporting Stanijard 102'The Financial Reportine Standaid applicable in the UK and Republic of Ireland. and the
Charilies Act 2011. The financial statements have been prepared under the historical cost conveniion.
Income
All rncome is recognised In the Statement of Financial Activities once the charity ha5 eniitlemenr to the funds.
it 15 probable that ihe Income will be received and the amount can be measured reliablv.
Legaciè5 are accounted lor when received.
The incorne from charitable atti¥itie5 15 the amount derived from the provision of good5lseMces. and stated
after irade discount5, Other sales taxes and net ol VAT.
Expendlture
Liabililies ère reco8nisèd as expèndilure as soon as ihefe 15 a leRèl or consiructiye obligation commifiing the
harity to that expenditure. It Is probable ihat a transfef of economic benefits will be roquired In sertlement
and the amouni of the oblieation can be measured reliably. Expenditure Is accounted for on an accruals bosis
and h35 been classil¢ed under headings ihat aggreeaie all cost ie131ed to the category. Where costs cannot be
directly 3tlribuled to particular headings rhey have been allocated io a£tivittes on a basis consistent ￿th the
se of fesources.
Tangible fixed assets
Oepreciation 15 provided at Ihe lollowing annual rates in order to wrjle off each asset over its estimated uselul
Office Equipment.. 20%- 33.33% strai8hi line
Furniture and Fixlufes." 20%- 33.33% straight line
The above asseis are initially measured at t05t and subsequenily ai ¢0ss less any ac¢umulaied depreciaiion.
Stotks
Stock con51Sts of Bood lor resale. Stocks are valued at the lower of cost and net realisable value.
Taxatlon
The charity is exempi Irom tax on its charitable activilie5.
Fund accounting
Ltnreslflcted luniJ5 can be used in accordante with the charitèble obiectives at the distwetion of the trustees.
Restricted funds can only be used for particular resiflcted purposes within the objoits ol Ihe charity.
Restrictions arise whcn specified by the dono¥ or when funds are raised for pan(cular rest¥icted purp05e5.
Further explanation of the nature and purpose of each lund Is included in the notes to Ihe linanciol
Slalements.
Penslon costs and other p05t-retirement beneffts
Tho chiirity opefaie5 li delined contributior¢ pension scheme. Contributions payable to ihe charity's pension
scheme ale charged to the Starement ol Financial Acttvities in the perlod ro which they relate.
Page 11
continued...

ARTHOUSE Unlimlted
Notes to the Flnanclal Statements. contlnutd
tor the Year Ended 31 May_2025
ACCOUNTING POLICIES. contlnued
Debtors
Grant5 reteivable and oiher debiors ale included at the settlement amount due. Prepaymenis are valued al
the amount prepaid.
Creditors arbd provisions
Creditors ttnd provisions are recognised where the chariry has a present oblieaiion an5ing from a past event
that will probably result In the transfer of funds lo a third part¥ and Ihe amount due Io 5eitle ihe obligation
can be measured or esiimated feliably. Credilofs are recognised ai their seiilemenl amouni. Pfovisions have
been calculaiéd ai the besi estimate ol iho seillomeni amouni and ihen diKounied back to plesent value ai
the reporring ilate.
Golng (oncern
Ai ihe tirne ol approving ihe Iinancial 51atemenis, the Trusiees have a reasonable expecialion that the charitv
has adoquaie fesources io coniinue In operat*onal existence for the foreseeable luivre li.e. there are no
material uncertainiies about the charily's abiltry to cofittnuel. Thus. the Trustee5 continue to odopt rhe going
concern basi5 of accouniin8 in prepann8 the financial Statements.
DONATIONS AND LEGACIES
31.5.25
31.5.24
as restaicd
37.615
2.796
71.508
Donation5
Gift aid
Granis
52,058
40.411
123.566
Granis received. included in the above, are as follows..
31.5.25
31.5.24
a5 restated
22.058
20.(KIJ
io,(K
ReachinR Comm
Garfiold Wcsion
Ch51dwick Trust
52.058
Page 12
Continued.

ARTHOUSE Unlimited
Notes to the Flnand31 Statements- tontlnued
for the Year Ended 31 Ma
2025
INVESTMENT INCOME
31.5.25
31.5.24
as restated
Investment income
1.725
2.472
INCOME FROM CHARITA8LE AcfiviTIES
31.5.25
31.5.24
as rèstated
Activity
Shop sales
Comm15510ns
Online retail 5ale5
Trade sales
An sessions
Corporate gift sales
Original sales
ChaTST)ble Activities
Charitable Activities
Char¢table Activities
Charitable Activities
Charitable Acijvit￿s
Charitable Activifies
Charitable Actwities
42,978
32,226
161,064
822.707
69.862
24.758
21.702
43.458
162,671
124,931
822.890
97,255
31,611
24,330
1.175.297
1.307,146
RAISING FVNDS
RaI￿nI donatlons and lelacles
31.5.25
31.5.24
as resiaied
Support costs
Other trading aclivilies
31.5.25
31.5.24
a5 restated
Opening siock
C105ing 5toik
support costs
113.463
1105.3891
132,490
1113,4631
12681
8.074
18.759
Aggregate amount5
8.074
18.939
Page 13
continued...

ARTH
USE Unlimited
Notes to the Flnanclal Statements- contlnued
for the Year Ended_31 MaL2025
CHARITABLE ACTWMES COSTS
Direct
Costs
Goods Pufchased for Resale
Packaging and (arriage
Marketing and PR
Artist Maieria15
Fundrai51nB expenses
Trade show costs
Comm¢ssion on Sales
565.454
62.804
59.711
9.055
776
14,$68
3.645
716.013
SUPPORT COSTS
Governance
cosis
Other
Totals
oihei resources expended
156.694
11,sc
168.194
Other resources expended Jre administrative expenses.
AUDtTORS' REMUNEIiATION
31.5.25
31.5.24
as ¥es¢aied
Fees payable to the chaiily's auditors lor the audit of the charity's financial
staiements
AudiEofs' femuneratson lor non audil work
4.4
TRUSTEES. REMUNERATION ANO BENEFITS
There were no trusiees. remuneration or oihef benefits IOT the year ended 31 May 2025 noi for the year
endeij 31 May 2024.
Tru5tees' expenses
There weie no tfusiee5' expenses paid lof the year ended 31 May 2025 nor for the year ended 31 May 2024.
Page 14
continued...

ARTHOUSE Unlimited
Notes to the Flnanoal Statements. corttinued
for ihe Year Endt_d 31 May.2025
io.
STAFF COST5
2025
2024
Wages and salaries
Social security
Pension costs
Other staff costs
417,817
31,091
20,284
14.827
382,811
33.497
20,632
8.290
Total
484.019
445.230
The average monthly number of employees dunng the year was as lollows..
2025
17
2024
16
Siall
The nurnber of employee5 wh05t employee beneflts lexcludbn8 employer pension costs) exceeded E60.(KKI
was=
2025
2024
E70.(KX). £80.LKM)
ii.
COMPARATIVES FOA THE STATEMENY OF FINANCIAL AcllviTlfS
Unreslricted
funds
Restricted
lunds
Total
lunds
as restated
INCOME AND ENDOWMENTS FROM
Donation5 and legacies
81.%)8
42.058
123.566
Charitable artr¥ff¢ies
Shop sales
Comm1551011S
Online retail sales
Trade sales
Ari sessions
Corpoiaie gift 5ale5
Original sales
43,458
162.671
124,931
822.8
97,255
31,611
24,330
43.458
162.671
124.931
822.890
97,255
31,611
24.330
Invesiment Income
Other Income
2.472
2CQ
2,472
21x1
Totsl
1.391.326
42,058
1,433.384
EXPENDITURE ON
Ra151ng funds
18.939
18.939
Charitable activities
Goods Purchased lor Aesale
Msscellaneous Purchasès
Packa8ing and Carriage
Marketing and PR
Courier Fees
Package and Carriage- Trade Sales
576.952
7.990
9,055
S2,603
3,949
49.998
576.952
7.990
9,055
52.603
3.949
49.998
Pa8e IS
continued.

ARTHOUSE UnlTrrnited
Notes to the Flftandal Statements- continued
lor the Year Ended 31 ma￿2025
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unresiricred
funds
Restricted
lunds
Total
funds
a5 restated
Artist Maierials
Trade show costs
1.669
20.853
1,669
20,853
Other
584.973
28.873
613.846
Total
1.326.981
28.873
1.355.854
NET INCOME
64.345
13.185
77.530
RECONCILIATION OF FUNDS
Total funds brought forward
247.491
15.210
262.701
TOTAL FUNDS CARRIED FORWARD
311.836
28.395
340.231
12.
PRIOR YEAR ADJUSTMENT
A pr10r year adjusimeni was pui through to defer part ol a commissions income based on the lengih ol ihe
agreemeni.
Thi5 decreased commissions income by £1.510 and increased deferred Income by the 53me amount lor the
vear ended 31 May 2024. For the year ended 31 May 2025. £1.250 delerred income was reversed to TecgKnise
the commission tntome lor ihe year, decreasinR ihe said deferred incomÈ 10 £260.
13.
KEY MANAGEMEP
The total amount of employee beftelils. being salary, social securily. penston and benelits, received by its Kev
ManaRement personnel was £84.11312024.. £82.3311.
14.
FUTURE COMMtrMENTS
Ai 31 May 2025, Ihe Chaiity had annual commiimenis ynder operaiing leases a5 follows..
96 High Stfeei
Vehicle
Unli 2 An8el Coun
Total 2025
Total 2024
Within one ye3r
Within 1-5 year5
35.IXX)
56.575
13.[
21.049
51.684
81.308
51.637
167,581
3.684
Toial
91.575
7.368
34.oa9
132.992
219.218
The lease payments reco6ni5ed as an expense were £51.26712024.. £54.7601.
Page 16
conlinued...

ARTHOU5E Unllmhed
Noies to the flnanclal Statements- continued
for the Year Ended 31 Ma
15.
TANG18LE FIXEO ASSEf5
Furniture
and
Fixtuies
Office
Equipment
Totals
COST
At I lune 2024
Additions
39.332
3.958
8.457
47.789
3.958
At 31 May 2025
43.2
8.457
51.747
DEPRÉCIATION
At l June 2024
Charge For year
25.093
7.988
7.530
742
32.623
8.730
At 31 May 2025
33.081
8.272
41.353
NET 800KVALUE
At 31 May 2025
10.2tr3
185
10.394
At 31 May 2024
14.239
927
15.166
16.
STOCKS
31.5.25
31.5.24
as resiaied
Goods held for resale
105.389
113.463
17.
DEBTORS: AMOUNTS FAILING DUE WIThIN ONE YEAR
31.5.25
31.5.24
as resraied
Tfade debtors
VAT
Prepaymenis and accrued income
65.920
149.643
7.592
13,965
13.726
79.646
171.2C(I
The provision lor doubiful debis was reduced Irom £801 10 £322 10 write off ihe Irrecoverable debts 01 1479.
o such chan6es lor tho year ended 31 MJV 2024.
Page 17
continued...

ARTHOUSE Unlimited
Noles to the Flnancial Statements- conlinued
for the Year Ended 31 MaJ_2025
18.
CREDITORS: AMOUNTS FALLING OUE WITHIN ONE YEAR
31.5.25
31.5.24
as restated
Trade trediiors
Social security and orher taxes
VAT
Other creditors
Accruals and deleffe(I Income
71.764
6.577
10.474
122.959
4.473
3.963
22,381
27.793
116.608
153,776
£18.59312024.. £1.5101 comm155ions income was delerred in line with the agreements. £1.250 of the deferred
income in the pre¥ious year was now recognbsed.
19.
CREDITORS.. AMOUNTS FALUNG DUE AFtER MORE THAN ONE YEAR
31.5.25
31.5.24
a5 testated
Other crediiors
26.227
37.227
Thc amount Is an unsecured. interest-free loan with no repayment term5 ffom The Mealh Epilepsy Chanty. The
charily is currently in negoiiaiion with Ihe creditor ieRarding the oulStandinR balance considering that the
previous insialmethi was made in April 2025.
20.
MOVEMENT IN FUNDS
Net
movement
in funds
At 1.6.24
31.5.2S
Unrestrirt¢d funds
General lund
311.836
1170.1581
141.678
Restrirted funds
Philip King CharirableTrus1
Garfield Weston
8.395
20.(
8.395
20,C(L)
28.395
28,395
TOTAL FUNDS
340,231
1170.1581
170.073
Nel movemenl in funds. Included in the abo¥e are as lollow5-
Incomin8
resources
Resources
expended
Movement
in funds
Unrestriited funds
General fund
1.218.933
11.389.091)
1170,1581
TOTAL FUNDS
1.218.933
11.389.091>
1170.1581
Page 18
conllnued...

ARTHOUSE Unllmlt
Notes to the Financial Statements- continued
for the Year Ended 31 Max2025
20.
MOVEMENT IN FUNDS. conilnu¢d
Comparatives lor mo¥ement in funds
Net
movement
in fund5
At
31.5.24
At 1.6.23
Unrestrlrted lund5
General lund
247.491
64.345
311.836
R¢slrirted funds
Wates foundation
Philip King CharitableTrust
Garfield Weston
2.710
12.S(Kl
12.7101
14.1051
20,CthI
8.395
20.oc
15.210
13.185
28,395
TOTAL FUNDS
262.701
77.530
340.231
Comparat¢ve nei movement In funds. included In ihe above are a5 follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrèstricted funds
General lund
1.391.326
11.326.981)
64.345
Restrlrted funds
Wates Ioundaiion
Philip King CharirableTrust
Reaching Community
Garfield Weston
12.7101
14. 1051
122.0585
12.7101
14.1051
22.058
20,(
20.LK
42.058
128.8731
13.185
TOTAL FUNDS
1.433.384
11.355.8541
77.530
Page 19
continued...

AATHOUSE Vnlimlted
Notes to the Financial Staiements- Continued
for the Year Ended 31 ma￿20?5
20.
MOVEMENT IN FUNDS- continued
A current year 12 months and Pllof year 12 months combined position Is as lollows..
Nei
movernent
In fund5
Ai
31.5.25
At 1.6.23
UnTestrlcted tunds
General fund
247.491
1105.8131
141,678
Restrirted funds
Wates foundation
Philip King CharitableTrusl
Garfield Wesion
2.710
12,
12.7101
14.1051
20.C(4)
8,395
20,￿)
15.230
13.185
28.395
170.073
TOTAL FUNOS
262.701
192,6281
A current year 12 monihs and prsof year 12 rnonihs cornbir￿￿ net movement In lunds. included the above
afe as follows".
Incoming
resources
Resources
expended
Movement
in lurtds
Unrestrirted funds
General fund
2.610.259
12.716.072)
1105,8131
Restrbtted funds
Wates foundation
Philip King CharitableTru5t
Reachin8 Commun11y
Garfield Wesion
12.7101
14.1051
122.0581
12.7101
14,lOSI
22,058
20.￿￿
20.LWJ
42.058
128.8731
13.185
TOTAL FUNDS
2.652.317
12,744.9451
192.6281
21.
RELAYED PARTY DISCIOSUAES
£3,((Q worth ol artwork wa5 commss510ned 1202d.. 10.LKKJ water bottles were sold) ro Univar Solutions Inc
where one of the irustees is a pre51deni an¢J CEO. The total tronsaclion Includin6 f arfiage comes to £3,102
12024.. £136.6051 and was conducted ai arm's len81h.
Page 20
conlinued...

ARTHOUSE Unlimired
Notes to the Financial Statements- continued
for the Year Ended 31 Ma
2025
22.
ULTIMATE CONTROLLING PARTY
The Board of Trustees are cons￿ered to be the ultimate contfolling party.
Z3.
FUNDS
General Fynd
Tho generol fund Is used lor the day to day runnin8 ol ihe Charity.
Wates Foundation
Received lor rhe provision ol support work iraining lor the Art In51ruciors.
Phillp King Charitable Trust
This fund Is for renovaling existing Studio and shop space at % Angel Court. Thi5 Includes Ilexible moveable
Iixiures that have longevity that can move wilh AHU Il AHU moves one day.
Garfield We51on
Thts w35 a 8rJnt lo provide funding for ses510ns.
Re￿hIng Community
This Is Ihe fin31 year ol thè Naitonal Loitery Grant to support salaries lor inclusion staff to enable the èxpansion
ol An sessions io Satur¢Jays.
Page 21