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2025-08-31-accounts

OPEN DOOR PEOPLE CIO

Charity No. 1182458

Report and financial statements For the year ended 31 August 2025

Open Door People CIO

Report and financial statements

For the year ended 31 August 2025

Contents

Page
Reference and administrative information 1
Trustees’ annual report 2 - 12
Independent examiner’s report 13
Statement of financial activities 14
Balance sheet 15
Notes to the financial statements 16 - 21

Open Door People CIO

Reference and administrative information

For the year ended 31 August 2025

Trustees:
Chief Executive:
Charity number:
Registered office:
Accountants:
Bankers		 Alexander Ferris – Co-Chair (Appointed on 01/12/2016)
Lindsay Taggart – Co-Chair (Appointed on 02/04/2020)
Shaheen Baig - Vice Chair (Appointed on 01/12/2016)
Amy Chambers - Vice Chair (Appointed on 01/12/2016)
Kris Milovsorov – Treasurer (Appointed on 02/04/2020)
Dylan Malyn (Appointed on 25/08/2022)
Andrew Cornforth (Appointed on 02/04/2020)
Joanna Marie Mason (Appointed on 25/08/2022)
Will Wood (Appointed on 02/04/2020)
David Mumeni
1182548
62 Barrett Road, London E17 9ET
Accountability Europe Ltd
Omnibus Workspace
39-41 North Road
London N7 9DP
www.accountabilityeu.co.uk
Barclays Bank Plc

1

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

The trustees present their report and financial statements for the year ended 31 August 2025.

The trustees confirm that the financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

Purposes and aims

The object for which Open Door People is established (as outlined in the Articles of Association) is to advance the education of people aged 18 and above (17+ for Behind the Scenes programme) from low income backgrounds in the theatrical arts by providing them training and preparation to gain a place at the UK’s leading drama schools.

The main activities undertaken in relation to these aims are:

  1. Removing financial barriers to participants accessing the application and audition process for leading drama schools. This includes but is not limited to audition and interview fees for leading drama schools, travel expenses, costs of materials, and technical equipment required for the application and audition/interview process.

  2. Redressing existing inequalities which may stem from a participant’s socio-economic background, and which may impact their ability to compete on a level playing field for their drama school place. This includes but is not limited to one to one tutoring sessions, free theatre tickets, creative workshops, pastoral support, mental health support (including one to one counselling when required) and an allocated industry buddy.

  3. Raising awareness of issues of unequal access to career level training in the areas of performing and backstage arts. This includes but is not limited to raising public awareness of the issues and working with and challenging partner schools to reduce barriers such as expensive audition fees, excess audition recall dates, and emphasis on classical text during the audition process.

Public benefit

In setting objectives and planning for activities, the Trustees have given due consideration to the general guidance published by the Charity Commission relating to public benefit, including the guidance 'public benefit: running a charity (PB2)'.

Improving diversity and representation in the UK drama school intake and therefore the future performing arts workforce.

Despite some awareness beginning to develop in recent years, inequality in regard to access to a career in the arts, as a result of a person's socio-economic backgrounds remain under-researched.

2

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

This is in part due to the delay in adding socio-economic background to the formal list of Protected Characteristics which would allow more data and information to be collected.

However, with audition fees at the UK’s leading drama schools always increasing, the practical barriers to someone living in poverty accessing an audition are clear. In regard to the less obvious barriers, the Arts Council England ‘Every Child’ report (2016) states that “The reduction in arts subjects being taught in schools was felt by interviewees to impact on those who are not encouraged or cannot afford to engage outside of school.” The same report also recognises that “Parents from higher socio-economic groups are significantly more likely to take their children to arts events and to encourage them to participate in arts activities, as compared with parents from lower socio-economic groups” and that barriers to participation in the arts include “costs of access and transport; digital poverty; and perceptions of culture.”

Open Door People recognises these issues as barriers to young people from low-income backgrounds obtaining equal access to a career-level training in the performing arts and seeks to redress that imbalance through our work.

The impact of this problem on the representation within the industry is highlighted in research by ‘Panic 2018’ led by sociologists from the Universities of Edinburgh and Sheffield. Their research shows that despite 35% of the population identifying as ‘Working Class’, only 12.4% of those working in the area of film, TV and radio are working class and just 18.3% in music, performing and visual arts.

In the UK (according to the UK Government's Income Distribution Report published September 2020) people from Black or other Ethnic Minority backgrounds are disproportionately represented in the bottom two income quintiles. For example, within the UK, 57% of people identifying as Black and 73% of people identifying as Pakistani are within the bottom two household income quintiles, compared with just 38% of White British people. There remains a clear link in the UK between income and racial identity. It is therefore relevant for us as a charity to recognise that just 12% of the total NPO workforce are people from Black or Ethnic Minority backgrounds, as stated by the Art Council England's most recent diversity report.

Open Door People’s work redresses these imbalances and as a result, over extended periods of time, there is a significant impact on the diversity of each school's intake. As this change starts to become recognised by potential students from minority backgrounds, there will be a knock-on effect of them feeling less alienated from these institutions as a result. We believe this will encourage more applications from people from minority groups. As such, the long-term result of this work is UK drama schools with a more diverse intake and institutions ready and equipped to welcome and support students that more closely reflect the UK population. These outcomes are of clear public benefit.

As Open Door People’s work significantly diversifies the intake of these leading schools it will in turn have a direct impact on the future workforce of the creative arts industry. This will, in the long term, offer the public a more representative performance industry and creative output.

Improving inclusion within the UK’s leading drama schools.

3

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

As well as focusing on issues of access, Open Door People’s work is also improving the experience of those from under-represented groups while studying at drama schools.

Open Door People has been working to make recommendations of reform at drama schools within the areas of inclusion, anti-discrimination and student well-being. The charity also spends time evaluating our drama school partners’ practices in regard to these issues and the quality of training being provided.

Significant numbers of students from marginalised groups are entering these institutions via Open Door People and do so with the continued support of the charity. This allows us to identify barriers within the training itself, and challenge and address these issues with each school appropriately.

The work Open Door People does to challenge drama schools on these issues, and support the development of better practice, allows for the positive development of these institutions and is of significant public benefit.

Volunteers

The contribution of volunteers to Open Door People’s practice is predominantly contained in two areas of our work - Guest speakers for QnA’s and workshop leaders. This allows us to help our participants generate industry connections and exposure, as well as insight into the industry they wish to join. Volunteers must adhere to the Open Door People safeguarding policy at all times.

Open Door People are occasionally approached by those who wish to volunteer their skills or to gain experience in a volunteer role within our office. In order to ensure equal access to any volunteer opportunities and to protect the right to fair pay we do not offer volunteer opportunities for more than one week per person. In order to increase access further, the week of volunteering can be spread over a period of 3 months allowing potential volunteers to maintain paid employment simultaneously. A volunteer offering their time in this regard would similarly be limited to a total of one week’s volunteering per year. This restriction does not apply to our ‘Industry Buddies’ volunteers.

4

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

Activity and Performance August 2024 - August 2025

Activities Overview August 2024 - August 2025

Beneficiaries:

  1. Graduating Group 2024/2025

Participant Criteria (at point of entry into Open Door):

Graduating Group participants are participants who started drama school via our initial Acting or Behind the Scenes Access Programme and are in their final year of studying. Our 2024/25 Graduating Group were students at Royal Conservatoire of Scotland and the London Academy of Music and Dramatic Art.

The original Acting Programme audition process saw us audition over 200 eligible applicants.

2. Elevate Group 2024/2025

Participant Criteria:

5

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

Open Door gave each drama school in the Federation of Drama Schools the opportunity to make two nominations for the programme. Participants were nominated by Drama Schools such as Bristol Old Vic Theatre School, Italia Conti, Liverpool Institute for Performing arts & Rose Bruford.

Shortlisted nominees attended a short interview and submitted self-tapes which were reviewed by an industry-leading panel. The panel was made up of: Casting Directors Shaheen Baig & Amy Ball, Talent Agents Will Hollinshead at Independent Talent & Kat Oliver Talent Agent at Conway Van Gelder Grant and Open Door Artistic Director David Mumeni.

  1. Acting Access Group + Behind the Scenes programme 2024/2025

Participant Criteria (at point of entry into Open Door):

Auditions were held in London, Manchester and Liverpool. 254 people auditioned for this programme.

  1. Open Days as part of the recruitment for the 24/25 acting programme

  2. 3 Open Days across Liverpool, London and Manchester

  3. Free workshops to get a taste of the Open Door programme

  4. A Q& A with Open Door alumni about drama school and the programm

  5. Held in partner venues Liverpool Everyman, Royal Exchange Manchester, and The Royal Court Theatre in London.

6

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

- July 2024 May 2025

During this period, we were working with a total of 41 participants:

Our 2024/2025 Acting participants were provided with:

Our 2024/2025 Behind the scenes participant was provided with:

Our 2024/2025 Graduating and Elevate Groups were provided with:

7

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

Elevate applications opened in October 2024.

Between September and mid October 2024 Open Door carried out first round auditions in London, Manchester and Liverpool. Recalls took place in London and Manchester later October. 200 people auditioned for the programme.

In January 2025 we welcomed 4 participants to the 24/25 Graduate Programme and 9 participants to the Elevate programme.

These groups took part in workshops and Q&A’s with leading industry professionals: agents, casting directors, an accountant, and advice on how to set up your own theatre company. These included mock auditions at The National Theatre with head of casting Bryony Taylor-Jarvis, Writer Sam Freeman, agents from ARG and Independent Talent.

Our final cohort of 11 London participants and 5 in the Northwest was confirmed in early November, and the programme delivery started later that month.

Richard Neale, our Managing Director led the group in the North West and David Mumeni, CEO, led the group in London.

This group achieved 52 recalls, 32 final rounds and 20 offers of places.

Our Behind the Scenes participants received 5 offers.

The 2024/25 Return Group was confirmed consisting of 6 participants.

’ - Open Door People s objectives during July 2024 May 2025 have been to:

8

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

Challenges have included:

Outcomes and Impact

81.3% of the 24/25 Acting Participants were “Very Satisfied” with their overall experience of Open Door.

“I have grown so much in my acting abilities in general and have grown an even bigger appreciation for it as being given a space to practice and fail and learn. My approach and knowledge about acting is on a completely different level than before the programme . It genuinely felt like a godsend to otherwise feeling not confident and intimidated by auditions and access to having a space to train stopped me from considering giving up acting altogether.”

Acting Participant 24/25

“Being a part of Open Door, I got to learn more details about each individual drama school, see theatre more frequently and join a great community of people.” Acting Participant 24/25

“I would say Open Door is one of the best programmes out there, from the sense of community, the care and support and safe space to fail and learn. The free opportunities to see shows and tutoring with industry professionals. I have learned so much throughout the whole process and will be forever grateful for Open Door” Acting Participant 24/25

9

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

Financial review

Open Door People has experienced a more encouraging year with a positive financial performance and a stronger final position at the year end. This has arisen despite the continued reduction in government support. We are extremely grateful for the continued support of drama schools and talent agencies. We also thank the various individuals who were incredibly generous during the year.

Results for the year ended 31 August 2025 are given in the Statement of Financial Activities. The assets and liabilities are given in the Balance Sheet. The financial statements should be read in conjunction with the related notes. In summary, income for the year amounted to £166,724 (2024: £97,037) whilst £130,827 (2024: £187,676) was expended during the year as shown in the Statement of Financial Activities. The net surplus for the year was £35,897 (2024: £90,639 - deficit). Full details of income and expenditure are set out in notes to the financial statements. To some extent, the surplus was as a result of timing difference on project income and expenditure. The Charity continues to carefully monitor the size of its future intakes to ensure the operation is sustainable.

The reserves position as at 31 August 2025 was £101,868 (2024: £65,971). The Trustees regard the financial position of the Charity at 31 August 2025 to be secure, although the objective is to strengthen reserves. The Trustees are content that the current unrestricted reserves position leaves it with a sound base from which future activity can be built.

The principal funding for Open Door People was from our partners (drama schools and theatres), and various other companies and individuals. The income is generated to deliver our programme of education and support for our students in their applications to leading drama schools, which covers both technical assistance and pastoral care.

Reserve policy

Open Door People has initially proposed a reserves policy that will ensure that the charity maintains at least six months of basic running costs in our unrestricted reserves in order to ensure the stability and continued smooth running of the charity's activities. At the year end, free reserves were £99,744, which would cover six months of the basic running costs (i.e. costs without participant costs, which would be dependent on activity in the charity). Nonetheless, the Trustees would still like to further improve this position in the coming year. To assist with this, after-date, the Charity has been on an active funding appeal and has hosted various events to bring exposure and donations to the Charity’s activities.

The Board of Trustees will review the policy regularly as the charity develops to ensure it is appropriate.

10

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

Structure, governance and management

Open Door People is a charitable incorporated organisation, number 1182458 registered on 14 March 2019 and governed by a board of trustees according to a written constitution that outlines the purpose of the charity and the legal responsibilities of the trustees. They do this through advising on policy and best practice; supporting the team to achieve their strategic goals through expert industry knowledge and networking; advocating for the work locally and nationally; supporting specific projects or work streams; and identifying potential opportunities.

What is it?

What does it do?

How does it do it?

11

Open Door People CIO

Trustees’ annual report

For the year ended 31 August 2025

Statement of responsibilities of the trustees

The trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires that the Trustees prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure, of the Charity for that period.

In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Charity, and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees’ annual report has been approved by the trustees on _____ and signed 30 June 2026 on their behalf by;

…………………………………….

Lindsay Taggart – Chair / Trustee

12

Open Door People CIO

Independent Examiner’s Report to the Trustees of Open Door People CIO

For the year ended 31 August 2025

I report to the trustees on my examination of the accounts of the above charity for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

………………….......

Aamer Shehzad FCA

Accountability Europe Ltd Omnibus Workspace 39-41 North Road London N7 9DP

Date: 30 June 2026

13

Open Door CIO

Statement of financial activities (incorporating an income and expenditure account)

for the year ended 31 August 2025

----- Start of picture text -----
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
Note £ £ £ £ £ £
Income from:
Donations and grants 2 158,359 7,891 166,250 62,483 34,554 97,037
Other trading income 3 474 - 474 - - -
Total income 158,833 7,891 166,724 62,483 34,554 97,037
Expenditure on:
Raising funds 4 7,209 - 7,209 17,577 - 17,577
Charitable activities 4 115,673 7,945 123,618 119,844 50,255 170,099
Total expenditure 122,882 7,945 130,827 137,421 50,255 187,676
Net (expenditure)/ income
for the year 35,951 (54) 35,897 (74,938) (15,701) (90,639)
Net movement in funds 35,951 (54) 35,897 (74,938) (15,701) (90,639)
Reconciliation of funds:
Total funds brought forward 63,793 2,178 65,971 138,731 17,879 156,610
Total funds carried forward 99,744 2,124 101,868 63,793 2,178 65,971
----- End of picture text -----

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 13 to the financial statements. The attached notes form part of these financial statements.

14

Open Door CIO

Balance sheet

As at 31 August 2025

----- Start of picture text -----
2025 2025 2024
Note £ £ £
Fixed assets:
Tangible assets 9 - 344
- 344
Current assets:
Cash at bank and in hand 105,001 68,887
105,001 68,887
Liabilities:
Creditors: amounts falling due within one year 10 (3,133) (3,260)
Net current assets / (liabilities) 101,868 65,627
Total net assets / (liabilities) 101,868 65,971
The funds of the charity: 12
Restricted income funds 2,124 2,178
Unrestricted income funds:
General funds 99,744 63,793
Total charity funds 101,868 65,971
----- End of picture text -----

Approved by the trustees on ______ 30 June 2026 and signed on their behalf by:

…………………………………….

Lindsay Taggart Chair

15

Open Door CIO

Notes to the financial statements

for the year ended 31 August 2025

1 Accounting policies

Charity information

Open Door CIO is a charity registered in England and Wales. The registered office is Studio 9, 6 Cliff Road, London NW1 9AN.

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102). The charity is exempted from preparing a cash flow statement due to the exemption available to charities with income less than £500,000.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from grants and donations are recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

Bank interest on funds is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds relate to the costs incurred by the charity in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose and their associated support Expenditure on charitable activities includes the costs of charitable activities that are undertaken to further the purposes of the charity and their associated support costs.

16

Open Door CIO

Notes to the financial statements

for the year ended 31 August 2025

1 Accounting policies (continued)

Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the basis of staff time, of the amount attributable to each activity.

Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rate in use is 25% straight line for all categories of assets.

Debtors

Debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes all bank balances kept in current accounts.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments which are initially recognised at transaction value and subsequently measured at their settlement value.

2 Income from donations and grants

Other donations
3
Other trading income
Other Income
Government and public body grants
Donations from partners
Donations from talent agencies		 Unrestricted
£
-
46,900
82,675
28,784
158,359
474
474		 Restricted
£
7,891
-
-
-
7,891
-
-		 2025
Total
£
7,891
46,900
82,675
28,784
166,250
474
474		 2024
Total
£
34,554
4,961
42,500
15,022
97,037
-
-

17

Open Door CIO

Notes to the financial statements

for the year ended 31 August 2025

4 Analysis of expenditure - Current Year

Staff costs (Note 6)
Other staff costs
Fundraising costs
Participants costs
Trustees' expenses
Showcase costs
Website and marketing
Staff training and development
Insurance
Legal and professional fees
Accountancy fees
Travelling and subsistence
Printing, postage and stationery
Computer and IT costs		 Cost of
raising funds
£
6,432
-
777
-
-
-
-
-
-
-
-
-
-
-		 Charitable
activities
£
87,174
-
-
24,254
-
2,434
-
-
-
-
-
443
-
-		 Support
costs
£
-
297
-
-
262
-
1,533
1,365
746
288
1,986
240
179
31		 2025
Total
£
93,606
297
777
24,254
262
2,434
1,533
1,365
746
288
1,986
683
179
31		 2024
Total
£
101,482
3,415
9,900
54,129
122
-
9,373
2,000
741
259
1,430
1,220
353
-
Independent examination fee - - 540 540 540
Subscriptions
Telephone
Depreciation
Support costs
Total expenditure 2025		 -
-
-
7,209
-
7,209		 -
-
-
114,305
9,313
123,618		 9
1,493
344
9,313
(9,313)
-		 9
1,493
344
130,827
-
130,827		 12
1,621
1,079
187,676
-
187,676

Of the total expenditure, £122,882 was unrestricted (2024: £137,421) and £7,945 was restricted (2024: £50,255).

Analysis of expenditure - Prior Year

Staff costs (Note 6)
Other staff costs
Fundraising costs
Participants costs
Trustee's costs
Website and marketing
Staff training and development
Insurance
Legal and professional fees
Accountancy fees
Travelling and subsistence
Printing, postage and stationery
Independent examination fee
Subscriptions
Telephone
Depreciation
Support costs
Total expenditure 2024		 Cost of
raising funds
£
7,677
-
9,900
-
-
-
-
-
-
-
-
-
-
-
-
-
17,577
-
17,577		 Charitable
activities
£
93,355
-
-
54,129
-
-
-
-
-
-
1,109
-
-
-
-
-
148,593
21,506
170,099		 Support
costs
£
450
3,415
-
-
122
9,373
2,000
741
259
1,430
111
353
540
12
1,621
1,079
21,506
(21,506)
-		 2024
Total
£
101,482
3,415
9,900
54,129
122
9,373
2,000
741
259
1,430
1,220
353
540
12
1,621
1,079
187,676
-
187,676

18

Open Door CIO

Notes to the financial statements

for the year ended 31 August 2025

5 Net income for the year

This is stated after charging:

----- Start of picture text -----
|||| |---|---|---| |2025|2024| |£|£| |Depreciation|344|1,079| |Independent examination fee (excluding VAT)|450|450|

----- End of picture text -----

----- Start of picture text -----
|||| |---|---|---| |6|Staff costs, Trustees remuneration and expenses,| |and the cost of key management personnel| |Staff costs were as follows:|2025|2024| |£|£| |Salaries and wages|87,370|94,115| |Social security costs|4,204|4,623| |Employer’s contribution to defined contribution pension schemes|2,032|2,293| |Sub-contracted/ freelance staff|-|450| |93,606|101,481| |No employee earned more than £60,000 during the year (2024: £nil).|

----- End of picture text -----

The total cost of key management personnel was £64,324 (2024: £76,773).

Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows.

----- Start of picture text -----
|||| |---|---|---| |2025|2024| |No.|No.| |Charitable activities|2.3|2.8| |Admin support|0.2|0.2| |2.5|3.0|

----- End of picture text -----

The charity trustees were not paid and did not receive any benefits from employment with the charity in the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).

7 Related party transactions

There are no related party transactions to disclose for the period (2024: none).

19

Open Door CIO

Notes to the financial statements

for the year ended 31 August 2025

8 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

9 Tangible fixed assets

Office
equipment
-
=
-
-
-
Cost
Depreciation
At 31 August 2025
All of the above assets are used for charitable purposes.
Net book value
As at 31 August 2025
As at 31 August 2024
Creditors: amounts falling due within one year
Accruals
At 1 September 2024
At 1 September 2024
Taxation and social security
Charge for the year
At 31 August 2025		 Computer
and
IT equipment
£
4,316
4,316
3,972
344
4,316
-
344
2025
£
1,633
1,500
3,133		 Total
£
4,316
4,316
3,972
344
4,316
-
344
2024
£
1,760
1,500
3,260

10 Creditors: amounts falling due within one year

20

Open Door CIO

Notes to the financial statements

for the year ended 31 August 2025

11 Analysis of net assets between funds - current Year

At the
start of
the year
£
2,178
-
2,178
63,793
Total funds
65,971
At the
start of
the year
£
-
17,879
17,879
138,731
Total funds
156,610
Arts Council 2022/23
Unrestricted general funds
Restricted funds are received and allocated for use for a specific
Total Restricted Funds
Arts Council 2023/24
Analysis of net assets between funds - prior year
Net assets at the end of the year
Net current assets
Movements in funds - prior year
Restricted funds
Total Restricted Funds
Unrestricted general funds
Tangible fixed assets
Net current assets
Net assets at the end of the year
Restricted funds
Movements in funds Current Year
Arts Council 2022/23
Arts Council 2024/25		 Restricted
£
£
99,744
2,124
99,744
2,124
Restricted
£
£
344
-
63,449
2,178
63,793
2,178
Income
Expenditure
£
£
-
(54)
7,891
(7,891)
7,891
(7,945)
158,833
(122,882)
166,724
(130,827)
Income
Expenditure
£
£
2,990
(812)
31,564
(49,443)
34,554
(50,255)
62,483
(137,421)
97,037
(187,676)
restricted purpose.
General
unrestricted
General
unrestricted		 Total
funds
£
101,868
101,868
Total
funds
£
344
65,627
65,971
At the
end of
the year
£
2,124
-
2,124
99,744
101,868
At the
end of
the year
£
2,178
-
2,178
63,793
65,971

12 Movements in funds Current Year

21