2025-06-30-accounts

Cotswold Players Annual Report and Financial Statsments Year to 30 June 2025 Charity number 1180836

Cotswold Players Charity number 1180835 Principal office Cotswold Playhouse Parliament street Stroud Gloucestershire GL51LW Independent Examiner M.G.Spashett BS¢ FCA Kingscott Dix Ch8rtered Accountants Goodridge Court, Goodridge Avenue Gloucester GL2 SEN Bankers CAF Bank Ltd West Malling, Kent ME194JQ Lloyds TSB plc Stroud GL5 3BD

Cotswold Players Accounts for tho year to 30 June 2025 Contsnts Annual Report Independent Examinefs Report ststement of Financial Actlvities Balance Sheet Notes to the Accounts

Cotswold Players Charfty re9lst8r8d in England & Wales number 1 IBO835 ANNUAL REPORT The Board of Trustees I'The Board.) p￿96n1 their report for the year ended 30 June 2025. Thls charity, 1180835, a charitable Incorporated organisab.on govemed by a con8tilution, t(KJk over the business. assels 8nd liabllities of charity 2252231also called Gotswold Players) ¢Jn 30 June 2019. The Cotswold Players. estsbllshed In 1911. owns the freehold of what 1$ at PTesent known a$ the Cotswold Playhouse, an ohd chapel that was converted into a theatre in the 1950s. Many improvements have been made over the years to provide exGdlent facilities foT membets, vlsiting comp8r¢ies, hlrers and the g8neTal public. OUR PURPOSES AND AGTIVITIES The purposes of the tharily ar810 promote the advanGement and improvement of 9en8ral education in relatKJn to all aspects of drarna and to further the development ol public apprecia￿on of the said arts. PUBLIC BENEFIT The Management Commlttee has considered the Charity Commission's guidancè on public benefit, including the guldan¢e on publi¢ benefit and fae charging, in planning the activities undertaken by Cotswold Players and 8t the Cotswold Playhouse. In this cont8xt, the public 1$ primarily bul not extlusfvety the community of Stroud and the 8urrounding distrfct. Our activities hav8 included". Providing a broad range of theatre produclons for the onloyment and gducation of the public Encouraging use of the faalities by IcKal primary and secondary schools at preferential rates. enabling them lo perform productions In 'a real theatre, and providing them with technical support Sharing re$￿jr¢es With other I￿￿1 groups e.g. loan of costumes and èqulpmenl Providing a suwb venu8 for an Increasing number and var￿ty of dance and drama groups, for both adults and young people. Maintsining ticket pri¢8$ al an accessible level and promoting reduced ticket prices for our own production$ for young poop Encouraging Membership to all who are interestsd- membetship is open lo all and is free both lo all under 18s and lo adults for tho fiTSt year. 8nd subject only to payment of a m¢Jdest subscription in subsequent yeats. We are also developing 8trategies lo increase member participation in all a9￿Cl5 Qt treatre- actlng, backstsge and front of houge. providing experience opp)rtunities EnGouraging the development of skills and confidence of members, including those wlh disab41ities. with worK8hop8 ar￿ partlGipation Actively supporting Stroud Arts Festival in an odvisory capacity. We also tecame part of the Stroud Fllm Festival this year. Developing Sinks with Socal businesses for mutual support and marketing. Active involvement and 8UPPQrt a8 8 mèmber of the Littl& Theatre Guild ILTGI. Thts Board 18 th8rgfor• eonfid•nt that Cotswold PlayArÈ mget the puts1￿ l)&nefit requirement and confims that It has taken into account the guidance contained in the Charity Corftmisslon general guidanee on public benefrt whèra applicable.

ACTIVITIES DURING THE YEAR Th15 year the Cotswold Pl8yers have presented a varied programme of 5 rnajor productions in the theatre.. ConsenL Fauslu5-That Damned Woman, Whipping il Up, The History Boys. and Thè Sound of Mu81C. In November, a group of members traVel￿d to the annual Rosebowl Awards Evening. We were delightsd to receive 1 wfin from 7 n¢)mination8 covering all 5 of our major productlons. As usual wè have welcomed a numbtr of extemal companle$ to the Playhouse. These provide an Interestlng variety of professional and amateur theatre in the town and encourage new audien¢e8. We have al80 welcomed primary schools, 8econdary 8¢hools and dance and drama schools. giving the chiSdren an ntroduction lo performing on a real stag¢. Use of the studio lor external ela8ses in youth drama, adult ballet and Pilales has increased. M8intenance of the Playhouse to a high standard continues lo be 8 priority lo provide a welcoming envbronment for Ihg public 8nd vi511ing ￿MpanieS as well as for our members. The dance 8tudio Ss now able to be used lor smaller studio productions with the installation of a lighting bar. The addition of air conditioning In the studio and grè8n roorn has been completed making both rooms much more pleasant lo work in. We have also deepened and wd¥n8d the orchestra pit for a better quglity of Sound. FINANCES The Cotswold Players made 3 Small operating1088 of £3.478 for the yèar. Although income was up by £7,529 at £111.113- largely due to a £8,915 increase in revenue frorn hires- expendlture was also significantly higher. The cost ol building and equipment rn8inlenance more than doubled to £34,242. while production and utility c08ts werè also hLgher. Income from tonk interest was also compromised by lower intÈr8St rates. Dluch of the expènditure on the building represents an investsnent in improving the ￿eatr￿'S amenities, induding the installation of air wnditioning in the studio and green room, the diggln9 Out the orchestra pit to improve both the ventilation and healing system and the sound balance in th& theatre, and the purchase of new equipment including a scissor lift, film proj8Ctor and e￿W intercom system. RESERVES POLICY For mony years. Cotswold Players have 8imed to hokd £10,000 in r8serves to cover contingencie8 in connection with the Playhouse and a fvther £10.000 to cover costs of our productions for which the majorty of I￿Ome is not ￿e1V￿ble until aftar the event. AllhoL4gh Lxjr current reserve5 far exceed thL8 level. a18rge prOpO￿on of our fijnds are 8nd wll b8 being invested for the long tem. 80ARD OF TRUSTEES All members of The Board are trustees of Cotswold Players for the purposes of legis18tion rèlallng to Gharilles. The Iruslees during the year were Judy Free Chairman Babs ￿lMister Secretary Sarah Goothn Tre8surer (rgswngLY 3 September 2024) Graham Gill Treasurer (appointsd 3 S&ptember2024)

Christine Mauler Rod Clifford Rowgned 3 Sep 2024." App￿n18d 3 Sep 2024. l trustees retire at thè AGM bul may 8e9k re-election. Trust8es must be members of Cotswtsld Players. Each trustee is required to tske ¢)n parbGular duties within the society and vacancies are adveriised within the membership taking Into account the skills raquired in r8spect of 8uch vacano4e5. Theatre Manager Terry Clifford Marga￿t Keck Robert Mauler Carollne Kendall Helen Voy Joss Smlth Jonathan Vickers Victoria Maskell STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees are responsible fr)r preparing the annual rep)rt and the financial statements in accordance Imth applic8bl8 law and UK Accounting Stsndards Iunited Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and W81es, the Charitles Act 2011. Charity {Accounts and Reports) Regulations 2008 and the provisions of the ￿n$￿tUtiOn require the trustees to prepare finanoial st81ements for each linanaal year which give a true and falr view of the state of 8ffairs ofthe charity and of Its incoming resourcas and application of fftstsurces, including the income and expenditu￿, ol the charity for that period. In preparing those financial statements the Irustse5 arg requirèd to Sèlect suitable accriunting pollcies and then apply thern wn81slenlly Observe the melmods and principle8 in the Charilios SORP Make judgments an(J ￿lMates that arè reasonable and prudent Slate whether applicable accoUn￿ng standards have been followed, subject to any material departures disclosed and explalned in the fin8ncial Ststements Prepare the financial 8tstsmenls on the going ooncem bas18 Ltnless k is inappropriate to Presume th8t the harity will continue in busine8S. The trustees are responsible for kaeping proper accounting records which di8close wth reasonable accur8Cy al any time the financial posillon of the charity and to enable them to ensure that the financial statements comply with the Ch81ities Aet 2011, the Charity (Accounts and Reports) Regulations 2D08 and the Provisions of the Constitution. They are also responsible for saleguaiding the assets of the charity and hence for taking reasonable steps forthe prevention and detection of fraud and other irregul8ritie5. On behalf of the Board Judy Freg Chaimian

Indepondent examinar'8 report to the Trustees of Cotswold Playars I report on the accounts of Cotswold Players (rhe Trust) for the year ended 30 June 2025 which are set out on pages S 10 8. R8sponslbllltleg and basis of the report As the charity trustees of the Trust, you are responsible for the preparation of the accounts In accordance with the requiremonl8 of the Charitie5 Act 2011 (the A£ti. Having Satisf￿ MySe￿IhAt the accounts of the Trust are not required to be audlted. and are eligible for independent examination, I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carwng out my examlnation I have followed the applicable directions given by the Charity Commission under section 145{5}Ibl of the Act. Independent examln•r's ststement I have completed my examinatlon. I confimi that no matter8 have come lo my attention in connection Wbth my ex8mlnation glving me cause to b81i8ve that In any material respect: accounting record8 were not kept in resFecl of the Trust as required by sectlon 130 of the accounts do not accord wrth those records,. or the arLounts do not Compty with the appI￿able requirements concerning th9 form antj content of accounts set out in the Charities IAccounts and Rety)rtsl Regulations 2008 other than any requirement that the accounts give a true and fair view wh￿h is nol a matter considered as part of an independent examination. the 8ccourrts hav8 not been prepared in accordance with the methods and principles of the Ststemenl of Recommended Practice for accounting and reporting by tharilies {applIc8b￿ to charities preparing their accounts in acoordance with the Financial Reportin9 Standard applicable in the UK and Republic of Iral8nd IFRS10211 I have no concems and have come across no other matters In connection with tho exarnination to which attention should be d¥awn in this report in order to enabl8 a proper understanding of the accounts lo be reached. M.G Spashett Bsc FCA lQng5cott Dix Limlted Chartered Accountsnls and Registered Auditors Goodridge Court, Goodridge Avenue Gloucester GL2 SEN

Cotswold Players STATEMEPtt OF FINANCIALAGTMTE8.. YÉAR TO 30 JUNE 2OZS P40ts Total FurMIs 2023 TrtAI Fu￿J8 2024 Don•tlon¥ atnd legaci Friand5 orcp Grants, donatiolll, ¥Jon80r8hlp 413 ChaTttabktactfville8 Stage prrYuctk>ns inccme Fllm income Sub￿pu0nS 8ar8nd rsfvfjhments 6o)k 5aks 49,42e 1,172 3,680 21.684 48.166 3,400 19,089 36 70.691 Oth•r Incoma HI￿ trf Play￿U$￿eqUipM8nt G8lnll106s1 on disposal of assèts k ifttsr8Bt 28,62S 598 1g,710 33.175 Totsl In 103.584 EXpondI￿ ¢h•r1tbIe￿etivItsos St4ge production costs Filn prqact Costs 5torytalling eventstreud Art5 Festival Abortive costs reco¥8red Production sundrB8 Publicty L￿nCeS arKI 8ub8cripot Bar and [th$h￿ntC0Str Bu1￿￿n9 8nd equipment malrtenance Ublities Ckaning I￿￿rance Legal fe88 General exper￿5 Bank d)aEge3 I￿8C4)Ver4￿1e VAT 08PW8tion Toi81 Expendlbjro 24,087 774 238 144 4fj 875 619 12.0 34.242 12.140 514 10,268 16.425 9.925 2,212 5.550 5.513 1.016 374 828 114591 81.839 Net In￿M￿(exPenditur} tsrth& year (3,4781 21,745 Unm1￿8￿ rèvaluation on invejtrents 17.[￿4 Balpn¢a bToughlft¥ward 1.1W.560 1.Cél.751 Bsl#fio tarrlod fornrd *t30 Jun& 2028 1101 174 1.100.560 Th8 notes on p8qe8 7 and 8 fom part o1th8$8 accxxsnts.

Cotswold Players BALANCE SHEET AT 30 JUNE 2025 Note 2025 2024 Flxed As¥•ts PL4yhous8 Ventllation system Fixtures and fittings 689,132 35.190 28,105 752,427 689,132 37,390 11.053 737.575 Invostmonts 186.156 182,064 CurrthtA880ts Stock Debtors 8nd prepaym8nts Cash on dèposkt Cash al bgnk and in hand 1,804 14,375 142,000 11.574 169753 1.894 6.487 173,075 184,348 Llabllftles Amounts falllng due within one year 7,162 3,427 Not Current Aosets 162.591 180.921 Not Assets 1 101.174 1100.560 Funds Unrestri¢tad 1.101,174 1.101.174 1 100.560 1,100.560 Approved by the Board of Trustees on ! Apr 2o&and 8igned on its b8half by Judy Free Chaimian The notas on page8 7 and 8 ft>rm port ofthese accounts.

Cotswold Players I•)TE8 TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025 1. Aecoundng Pollclos al Ba313 of preparatk)n These financial 8t8tements have been prepa￿d und8rthe historical cost cttnventlon and in accorflance wth appI￿able Ac¢ounting Stsndards. the Charitles Act 2011 and th$ Charities SORP IFRS1021. The a¢ctuals basls of ac¢ountiro 1$ used for incomè and txpenditure. bl Incoming resour¢è$ Inttjme is recognlsed in the period in which the recelpt is probable. In aecor£lance wlth this polioy, legaaes are included vthen thg charity Is adwsed by the pers¢nal repres8ntativ• ol an estate that payment wlll be made and the amount involved can b8 quantifi•d. Grant5 are r8cogni8ed when awarded Un￿$3 theTe are condWon¥ tg be mst before payrnent can bè nwde. c} Donated Servi￿$ and faThlthes Don&d services and facilrtie8 arè Induded in Incoming rnsource3 when the benefft to th& adty is roasonably quanthlable and the arnount measurable. They 8re valuad by the trustee8 at the amount thè eharity would have been wlling to pay for services or facilities on thè tspen rnark•L I Interest receivable Interest on fijnds held on depastt is induded vth•n receivable by Ihe ¢h8nty. el Fund acwunling Unre$trictad funds are avadable lo lurther any of the purposès of charty. Re8tricted funds are donat8d for a pa￿CUlar Ofea of the charity WOTk or specific projects undertaken. fj Tangible fyxed assets Twgible fixed assets are measured at cost and 8ubwuenty measured al ¢ost net of depre¢iatlon. Depreciation Is calculated to write off the cost, less estimated residual values, of tsngible fixed 88sets overtheir thmated useful lives and lrte fo11owlng annual values are used in ￿Spect of each major ¢atsgory'. Playhou¥e 2% on cost less reshlual value VenlllaUon system 5% on co$1 Fixtu￿5 and fittings 200% on ¢ost No depreciation is provlded on treehold buildin9s because in the Trustees opinlon the real linfiation adjusledl estimated ￿81(lUa1 value is nol ￿$S than thè Carrying value in thg accounts. gl Investments Investrn•nts are 8hown at market valu• in the accounts (2023 at ¢o$t} h) Stock Stocks a¥e valued at Ihv lower of cost pnd net WIISa￿e value. Finan¢ial Instruments The tharlty has ected to apply the pro)ri5ions of Secyon 11 ' Baslc Finanaal Instruments, and Section 12 '01htrT Finanaal In8trutrnt8 Issue$. of FRS 102 to all of its financi81 Instruments. Financlal instruments are ￿cOgnIsed in the ch¥ritls statement of finanual posthon when Ine harity becomes party to the contrgctual provisions ol the insivjment. Financial a$8ets and liabilibes are offset. with the net amounts PTe8¢nted in the financial stements. when there is a leg¥lly 8nfofc*abl8 right to sèt off the recognlsed amounts and Iheiè is an int¢ntion lo settle on 8 net basis or to re81ise the asset and settl6 the liability $inutt8neously.

Cotswold Player8 2. Flxod AgBèts plaYh￿Se Ventilath)n Fixturès and Systwn Fittings Totsl Co$1 As at 1 Juty 2024 Additions Dlsposals As at 30 June 2025 689,132 43,990 165,768 27.Y26 2,554 191,140 898,890 27,926 689.132 43,990 924,262 Depreciathtin As at 1 Juty 2024 DepreCiat￿n on disposals Ch8rge for the year As a130 Juna 2025 6.800 154,716 2,5f 10.874 163,035 161,315 2,554 13,074 171,835 2.200 8,800 Net Book Value Ag at 30 June 2025 689,132 35,190 28,105 752,427 AS at 1 July 2024 689.132 37.390 11,053 737,575 In¥￿trn8￿ts Ilarket value at 30 June 2024 Reva5uation adjustment Mark•t value al 30 June 2025 182.064 4,092 186,156 Investments comprise units in IFSL CAF ESG Income and Growth Arck>mulab"on Fund. These w8re pur¢ha8ed in 2023 and 2024 al a total cost of £165.000. Debtorn 2025 2024 VAT repayment Sundry Debtors Prepayments 4,002 5,329 5.044 14,375 2,178 6,487 & Uabllltl•8., Amounts falllng dvg wlthln one yoar 2025 2024 Trddo credknrs an(1 a￿rUall VAT due Moneys received in advan( 4,270 92 600 1.932 3,456 2,892 7.162 Offic•r8' Romun•rAtlon and Expell80B No mémbers ol the 8oaTd nor any person connected wrth them has recdved or is due tc r*v8 Ar remuneration fr)r th& perfod diredy or indwecuy from challty funds. 7. Matsrlal urlcgrtalntlas Thore are maletsl Ul￿ertaIn11e&