REGISTERED COMPANY NUMBER: CE017831 {England 2nd Waks) REGISTERED CHARITY NUMBER: 1183891 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 DECEMBER 2024 FOR LEICH FILM SOCIETY CIO Hayes & Co Chartered Ac¢ountants Suite 2 Beswick Hous¢ Gr¢enfold Way tancathire WN7 3XJ
LEICH FILM SOCIETY CIO CONTENfs OF FINANCIAL STATEMENrs for the year ended 31 Deeemb¢r 2024 Report of the Trnstees IDdependent Examiner'$ Report Statement of FIDAndal A¢tivitie5 Balanee Sheet Notes to the FiDaDcial Ststsments 5 to 9 Detxiied Ststement of FiDgnelal Aetiviti¢s 10 to li
LEIGH FILM SOCIETY CIO REPORT OF THE TRUSTEES for the ye*r ¢nded 31 December 2024 The tNsttts who are also d¢thors of the charity for the pUoseS of the Companies Act 2006, present their report with the financial statements ofthe charity for the year ended 31 Decetnb¢r 2024. The trustees have adopted the provisions of Ae¢ounting and Reporting by Charities: Stat¢rn¢nt of R¢conunended Practice applicable to charities preparing th¢ir aCcot$ in accordance with the Financial Rekxjrting Standard applicable in the UK alld Republic of Ireland (FRS 102) (efftctive l January 2019). STRUCTURE, GOVERTrIANCE AND MANAGEMENT Governing document The ¢harity i5 controlled by its governing dwument. a deed of In1, and constitutes a limited company. limited by guarantee, as defmed by the Companies Act 21)06. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company nMber CE017831 (Englartd and Wales) Registered Charity Dllrnber 1183891 Reglstered office 16 Parkdalle Astley Tyldesl¢y Manth¢ster M29 7DR Trustees P A Costello Mrs E M Costello A Nowell Mr5 SJ Ma5ter5 I MO1$ A J Prescott R Houghton IDdependeot Ex&mlner Hayes & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lancashire WN7 3XJ Approved by order of the board of truste¢s on...... . and signed on its Eehalf by: P A Costello- Tn¢¢ Page I
INDEPEP4DENT EXAMINER'S REPORT TO THE TRUSTEES OF LEIGH FILM SOCIETY CIO lrtdependeDt examiner's rep)rt to the tru5t¢e5 of Leigh Film Society CIO ('the Company.) I retK)rt to the charity trustees on rny exalation of the accounts of the Cornpany for the year ended 31 December 2024. Re$poDsibiliti¢s aod basis of report A5 the ¢harity's trustees of the Company (and a]so its directors for the puryoses of company law) you are responsibl¢ for the preparation of the a¢¢ounts in accordance with the requirements of the Cornpanies Act 2006 Cthe 2006 ACV). Havtllg satisfied myself that the ac¢ounts of the Company are not required to be audited )der Part 16 of the 2006 Act and are eligible for Indendent examination, I report in respect of my examination of your ¢harity'S a¢¢ounts Is ca[ed out under slI9n 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Chariry Commission under Section 145(5) (b) of the 2011 Aet. Independent examiner's itstement I have completed my examination. I confiml that no matters have come to my attention in connection with the examu]ation giving me cause to lleYe- awounting records were not k¢pt iTt r¢sp¢cl of the Company as required by Section 386 of the 2006 Ac¢ or the accounts do not accord with those records,. or the awounts do TK)t comply with the a¢¢ounting requirements of Section 396 of the 2006 Act other than any requirement that the ac¢ounts give a true and fair view wthich is not a matter considered as part of an indeident exomination. or the accounts haye not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to Charities preparing their accounts in accordan¢¢ wilh the Fitwcid Reporting Stsndard appli¢able In the UK and Republic of Ir¢land (FRS 102)). I have no concerns and have come 8¢ross no other matters in connection with the examination to which attentton should be drawn in this reptsrt in order to enable a proper understanding of the aceouttts to be reached. IJ Bun]s Haye5 & Co Chartered Accountants Suite 2 Beswick House Greenfold Way Leigh Lan¢4shire V7 3XJ Page 2
LEIGH FILM SOCIETY CIO STATEMENT OF FINANCIAL AcfiviTIES for the year ended 31 De¢tber 2024 2024 Unrestricted fill)d 2¢r23 Total Notes INCOME AJYD ENDOWMENTS FROM Donations and legacies 33.989 69.723 Other trading aciiviiies Investment incotn¢ 41,440 1,186 39.996 Totsl 76,615 109.719 EXPENDITURE ON Raising fi]nd5 79,156 71,608 NET INCOMEIIEXPENDITURE) (2.541) 3&111 REC0Tr4CILIATION OF FUNDS Total funds brought fonvard 135,379 97268 TOTAL FUNDS CARRIED FORWARD 132.838 135,379 The notes fom] part of these flllancial sthtements Page 3
LEIGH FILM SOCIETY CIO BALANCE SHEET 31 December 2024 2024 Unrestrid¢d nd 2023 Total nds Notes FIXED ASSETS Tangibl¢ assets 42,139 48256 CURRENT ASSETS Debtors sh at bank and in hand 17,330 74,666 20,659 67,7(K) 91,996 88,359 CREDITORS Amounts falling due within one y¢4r io (1,297} (1,236} NET CURRENT ASSETS ,699 87,123 TOTAL ASSETS LESS CURRENT LIABILITIES 132.838 135.379 NET ASSETS 132.838 135.379 FUNDS Unrestricted fid$ l32,838 135,379 TOTAL FUNDS 132,838 135,379 The charitable company is entitled to ¢x¢mptioD from audit under Sertion 477 of the Companies Acl 2006 for the year ended 31 tkcernber 2024. The members have not required th¢ company to obtain an audit of its fitRncial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies AL* 2006. The trustees acknowledge their r¢srK)nsibiliti¢s foT (a) ejtsuring th&t the Charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial sM¢ment$ which give a true and fair view of the state of affairs of the charitsble compat]y at the end of each financial year and of its surplus or deficii for each fttMncial year in cOrdanCe with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Cornpani¢s Act 2006 relating to financial 5tatement5, so far as applicable to the charitable company. (b) These fmancial statements have been pr¢pared in accordanc¢ with the provisions applicable to charitable companies subject to the &nall cornpanies reg1c. The financial stat rnettts were approved by the Board of Tmstees and authorised for issue ..?. Zand were Sign on its behalf ty. P A C05tello- Trnstee The notes forni part of these fmancial ststements Page 4
LEIGH FILM SOCIETY CIO NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the fjllancial statemettts The financial statements of the charitable cotnpany. which is a public benefrt entity under FRS 102, have been prepared in accordance with the Charities SOIIP (FRS 102) 'Acrountin8 and Reporting by Charities: Stat¢ment of R¢¢omm¢nd¢d Praeti¢e applicable to charities preparing their accounts in accordance with the Financial Rewring Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019}'. Financial Rep)rtin¥ Standard 102 'The Financia] Reporting Standard applicabl¢ in the UK and Republic of Ireland, and the Companie5 Act 2006. The fItn¢]31 staiements have been prepared under the historical cost ¢onvention. Income All incom¢ is recognhsed in the Statement of Financial Activities once the clty has ¢Mitlemeni to the fimds, it is probable that the income will be received and the atnount ean be meLsured reliably. Expendlture Liabilities are recognised as expendiDJre as soon as there is a legal or wnstructive obligation comrnitting the charity to that expenditure, it is probable that a transler of ¢conomic benefits will be r¢quir¢d in Settleent and the amount of the obligE4ti0n can be measured reliably. Exp¢nditure is a¢¢ounted for on an accruals basi5 and h been classified under headirw that aggregate all cost related to the category. Wher¢ costs ¢8nnot be directly attributed io particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixe41 assets Depreeiation is provided * the following annual rates in order to write off each asset over its estinted useful life. Plant and machinery Fixtures and fittings Computer equipment 2LP/• on reducing bal8n¢¢ 2/0 on reducing balan¢¢ 33Q/• on reducing balance Taxation The charity is exempt from corporation tax on its charitable activities. Fund aeeounting Unrestric(ed n8 can be used in accordance with the charitabl¢ objectives at the discretion of the tryStees. Restricted funds can only be used for particular restricted purpos¢s within the objects of the charity. R¢5tridio5 arise when specifEed by the donor or when fillids are raised for particular restri¢ted purSes. Further explanation of the nature and pwpose of each fund is inclluled in the notes to the financial staiem¢n¢s. OTHER TRADILYG AcrivrriES 2024 2023 Refreshment & bar sales Entry feeslticket source Sundry income 15,023 25,719 698 13,822 24,310 1.864 41,440 39,996 Page 5 continued...
LEIGH FILM SOCIETY CIO NOTES TO THE FINANCIAL STATEMEI¥TS- contlnued for the year ended 31 December 2024 INVESTMENT INCOME 2024 2023 Deposit account interest ]nierest receivable- trading 1.177 1,186 NET INCOMEI{EXPEI¥DITURE) Net incomel(expenditure} is stated after Chargin(crli7ng)'. 2024 2023 Depreciation- ONed assets 8,850 TRUSTEES, REMUNERATION AND BENEFITS There were no tNstees' remuneration or oth¢r nefitS for the year ended 31 December 2024 nor for the year end¢d 31 December 2023. Trustees. expenses Th¢r¢ were no trustees, ¢xpens¢s paid for the year ended 31 De¢ember 2024 nor for the year ended 31 December2023. STAFF COSTS The average monthty number of employees during the year was as follows: 2024 2023 Athnini5trntion No employee5 received emoluments in excess of £60,OLN). COMPARATIVES FOR THE STATEMENT OF Fll¥ANCIAL AcrIvrriES Unr¢stri¢ted fund INCOME AND EIYDOWMENfs FROM Donations and l¢8a¢ies 69,723 Other trading activities 39,996 Totsl 109.719 EXPENDITURE ON RaisiDg fimd8 71.608 NET INCOME 38.111 Page 6 contillued...
LEIGH FILM SOCIETY CIO NOTES TO THE FINANCIAL STATEMENTS- CODtinued for the ye4r ended 31 December 2024 COMPARATIVES FOR THE STATEMEwf OF FINAf4ciAL ACTIVITIES- eontlDued Unrestricted fimd RECONCILIATION OF FUNDS Toial fiJnd8 brou8ht forwvrd 97268 TOTAL FUNDS CARRIED FORWARD 135,379 TANGIBLE FIXED ASSETS Fixiiires and fItt8S Plant and machinery Computer equipment Totals cosr At l January 2024 Additions 49,971 21.744 4,194 72,563 4.194 At 31 De¢¢mE¢r 2024 49,971 25,938 848 76.757 DEPRECIATION At l January 2024 Charge for year 17,884 6,417 6,088 3.725 335 169 24,307 10.311 At 31 December 2024 24.301 9,813 504 34.618 NET BOOK VALUE At 31 D¢¢¢mber 2024 25.670 16.125 344 42.139 At 31 December 2023 32,087 15,656 513 48236 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors 17,330 17,659 17,330 20,659 Page 7 ¢ontinued...
LEIGH FILM SOCIETY CIO NOTES TO THE FINANCIAL STATEMEf4TS- continued for the year ended 31 Deeember 2024 io. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accrued expenses 1.297 1,236 MOVEMENT IN FUNDS Net ovement fijnds At 31.12.24 Atl.1.24 Unrestricted funds Genera] fund 135.379 (2,541) 132.838 TOTAL FUNDS 135.379 (2,541) 132.838 Net movement in fid5, included in the aFK)ve are as follows: Incommg resources Resources expertded Movement fijnds Unre5trieted funds General fund 76.615 {79,156) (2,541) TOTAL FUNDS 76,615 (79,156) (2,541) Compara¢ive5 for mov¢Thent In funds N¢t movement in fijnds At 31.12.23 At 1.1.23 Unrestricted funds General fund 97.268 38,111 135,379 TOTAL FUNDS 97,268 135J79 Comparative net movernent in fund& includ¢d in the above are as follows: Incoming resources Resour¢es expended Movement in funds Unrestrleted funds G¢ncral fund 109,719 {71,608) 38,111 TOTAL FUNDS 109,719 (71.608) 38,111 Page 8 continued...
LEIGH FILM SOCIETY CIO NOTES TO THE FINANCIAL STATEMEiYfs- Continued for the year ended 31 December 2024 MOVEMENT IN FUNDS- tontinued A cunytrt year 12 months and prior year 12 montlLS combincd positiOD is as follows.. Net rn¢)vement in funds At 31.12.24 At 1.123 UDratricted fuTrdJ General fiJnd 97268 35.570 132,838 TOTAL Fuf4DS 97268 35,570 132,838 A current year 12 months and prior year 12 months combined net movement in fijnds. included in the above are &$ follows.. Incorning resources Resources expended Movement in funds Unrestricted funds Generdl fund 186,334 (150.764) 35,570 TOTAL FUNDS 186,J34 (150,764) 35,570 12. RELATED PARTY DISCLOSURES There were no related party ¢ransa¢tions for the year ¢nd¢d 31 De¢ember 2024. Page 9
LEIGH FILM SOCIETY CIO DETAILED STATEMEDrf OF FINANCIAL ACTIVITIES for the year ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Donations and l¢g4eieg Donations Grants Venue hire 3.285 25200 5,504 443 59.325 9.955 33.989 69,723 Other trading activities Refreshment & bar sales Entry feeslticket source Sundry income 15,023 25,719 698 13.822 24,310 1,864 41,440 39,996 Investment illcotne Deposit account interest Interest on PAYE refund 1,177 1.186 Total incoming resour¢e5 76,615 109.719 EXPENDITURE Other trading activities Wages Licensing Accountan¢y Refreshments and bar supplie5 Advertising & promotion Motor & travel Filrn lic¢nc¢ and insuran¢¢ DVD & film purchases Prizes & trophies Sundry expenses Post & stationery Website co$ts Cleaning Unifomis Repairs & renewals 24,146 1,052 1,440 7,041 2291 lJ41 14.452 992 452 2,930 313 22,110 445 1,632 7,606 1,785 370 18,999 1225 794 3,364 550 508 96 209 3,620 (1,775) 666 554 4,683 3,914 253 864 4,074 6,0(X> 1,261 Telephone Hire of equipment Plant and ma¢hin¢ry Fixtures and fittin8S Computer equipmenl 6.417 3,725 169 79.156 71.608 This page does not forni part of the stabjtory fanCIal statements Page 10
LEIGH FILM SOCIETY CIO DETAILED STATEMENT OF FINANCIAL ACTIVITtES lor the year ended 31 Deeember 2024 2024 2023 Totsl Tesources exnded 79.156 71,608 Net (expenditUre)rcoMe (1541) 38,111 This page does not forni part of the stthtory financial statetllents Pagell