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 prr*Yuctk>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$￿eqUipM8nt
G8lnll106s1 on disposal of assèts
k ifttsr8Bt
28,62S
598
1g,710
33.175
Totsl In
103.584
EXpondI￿
¢h•r1t*bIe￿etivItsos
St4ge production costs
Filn prqact Costs
5torytalling eventstreud Art5 Festival
Abortive costs reco¥8red
Production sundrB8
Publicty
L￿nCeS arKI 8ub8crip*ot
Bar and [th$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$t}
h) Stock
Stocks a¥e valued at Ihv lower of cost pnd net WIISa￿e value.
Finan¢ial Instruments
The tharlty has e*cted to apply the pro)ri5ions of Secyon 11 ' Baslc Finanaal Instruments, and
Section 12 '01htrT Finanaal In8trutr*nt8 Issue$. 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 st*ements. 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&