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2024-10-31-accounts

Char#y reglstraiion n￿l￿gr 1192138 IEngLgnd al￿ Wal•81 TRUE COLOURS THEATRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

TRUE COLOURS THEATRE LEGAL AND ADMhNISTrATIVE INFORMATION Trust8•A PColknJ N W&rrffr KE F HaS￿V IAFwthtwl 11 ktsrch 20251 Chorlly ￿￿￿b•r 11021 Company nynib•r CEtr232Q8 Prfnclpal 4d¢kn• STr8fto Stro NE28 7NL Ind•p•nd•nl •xai Ferrn￿ H￿1￿) FwrThM¥NJ Ro￿1 T￿9 Ww f•gl&nd NE2 ITJ 16 Streel Npwo4¥ll8 UPYb Ty EI 7EL

TRUE COLOURS THEATRE CONTENTS Pig• Indwnthni &xaryth8'S f •tsJmonl of 8-18

TRUE COLOURS THEATRE TRUSTEES. REPQRT FOR THE YEAR ENDED 31 OCTOBER 2024 Th8 frust88s pfBggnl thdr iowt and slqlem&ts frAlbe >or vtsJ 3.. 2024. Thè ￿nandal ota1Thn￿ kn4￿ In ￿yIJ￿H￿ al￿￿tI¥l pJkifjs 8qt ryjt In oolg ￿ the In&Klal staleiTignls al￿ cornpty Iho oovèmfvd rfttr.ume(sL I.￿ Charllbs 2011 è4X1'A￿￿￿Iknu yiid R￿￿r(hu by I:trarllkn$. Slalwwit of Vr)ctko awAcabk) lo thpnipos :Wr 8c¢ourils ¥1 rLciYdaoce wllh t￿) FI￿￿r,￿l ReF4)rttr￿ Sland•d ¥4kat40 In tho UK and RowlA￿ of Ir8land IFRS 1021 1 J￿￿ary 20191. Obl•¢tlYH and a¢t1vI￿+S The r.hil1i1y's obl￿1V#S to rThJo Iwkntv• x TN¥ Cok￿ra Tlw¥lw proyidw p8rftyrm￿ Artx lor dykknn •nd wvJ ahjms. of ow haw¥ addlU(¥kryl r.ooth, wfrnlal littdll). aiKifLV l)wl uf tho LGTBQP comrwnity. lwrg Tli&dlr& h8s 4iipwtod ¢b.Idren ￿AllY p8okl& mlithrg arts dw8OB on a Trkly b4451s arKI a paln•rshJ rtti oltref rryinI%a#￿4 havo Nlparlity m￿￿or￿¥> haye cofvd k¥ yutworl 1oinl&'u% Ihrougli EhAkYKJoD, anxlotlos, Bockil dwi¥¥kn, cest ot IM6wJ (a￿. wtykntrjns a SEN I8￿Y proykle ￿￿p0St SLWWI lor r￿1￿05 iyrlh m8nlal li￿th ￿L￿. rriie Coh)un Thofttr9 was giv#i' a dsusod C¢YJiTnl Imlbjiiry wlth r8wiTrl t)xIMKI￿ r￿￿￿1th. B8C'g DIY SOS caiMO to tho ¢wATr ¥tDd cMIth'.8d tre r8novvthon tknv Trt￿ Cokn.f8 Th8atrO I￿ve ihd.. buiklr¢g b lio$l etsJs%u¥ ihk8 (k￿rE..0 ly81￿ ntr¢¥ NW..%. W.Insixbs 11Th1 partiW¥N￿ 1116 year il LTrLdkJ Is In hjl )IE¢mkng ii'otg rn8rnberg diid tr'mknll￿ rww 5kll 5015 lo metthw5. The MerritMx¥ SUW.55lufy pork)Thed tD g JI Ihè Bay Ple￿￿ ¢hh ￿., trx)61kny tMJ back tl) back pfjrfomw¢e8 aThJ hw tuther pkn8 for 2026 lo plumi .It ￿15 vonuB Dther v8vu8s ￿ts88 Iru& Colowg Tli•atye has 4L50 I¥￿ l*yon Inalsts in mory aw&tsJ$ Th8 Naknwl Le¥niiig Dkakn'lil8s 81fiAr¥Jh8ri and-fFKb Nat￿￿1 XJ25". WTd c￿0 fayknr l on Iv wln'Thtr￿¥1& KeixKcy NAIK)nalAutsrr Aw&rLI<. rly p￿￿e￿h1￿5 atthlfj¥ed iea¥' Inlem•lionaAW ￿1￿ Autlsms iyjt T8kn1.

TRUE COLOURS THEATRE TRU8TEES' REPORT (coNT￿UED? FOR THE YEAR ENDED 31 OCTOBER 2024 Plnariclal r•vl•w 20231?4 Trnarkxal I￿￿ ch8rlty rBsuA8d m a e91.M) I20TJ ." sur￿￿8 £479.2141 vf £84.754 .. SLWu8 e481,0191 wyegtrkied ¥Th1 £6.82612027 . £1.8651 was r8sM¢thJ. Thg d8ficll ¥vas ) th6 Inlllal up0r¥liDnal co¥ts h ord¥v to 0xp￿d 5or¥K•5 oflwod frAuwing Ihe 9ongrouy dOn￿t￿MI In 1118 prior y98r h) ryro¥o thg lacllb6 by BaL's OIY SOS p.'our•)m. R040rv•8 pol¢y 11 Is Ihtr polcy ol Iho ttk1rtty thAI fra& r$sfvr¥os lunrnslrkned r8ftfrfV88 tyjl up l) fiwl or otlKTrr h)ThJ (rn as511t51 $hould b8 maIn￿1r￿￿ al d k¥ei to aryj si¥ fflDrfh'È wwMli&ure. TN8 trustO85 r￿￿k1￿9 Iliol fu5eiv8s al ityla ftrool vnll that, ￿ th& avenl ol a drop kn lundbJ thoy wll k abjo lo rAsnllNo ITrTg chadty's curr•nl YNO Clwsthtron Is Io WA￿ Ex1itx￿￿1 fur￿$ m8y bB rol￿d. 'rhe purpxfj ol IhL4 Re8aryaA PThlty e.nloiKs Thaatre Is to S￿r• of rAwrwrmoB t OIIyLIITiV opwaboris trf thu Jy lrtomd sowco of Ic( a 8Jdd•n INx• 111 OXPMSOS, rmo Oxwaes. l)¥s I￿ K.ndkng. or I￿￿SU￿0d kns888. The Resor¥N Pdkry li kn relth fr￿ al any gi￿n IknN 10 3 Tmnlhs oyfj lthlnll $18lfino roLVn lilial whkh 16 curr¢nty ￿t￿n818$ ao £75.¢Y>J. Al 31 Oclcbor 24 rIjJ￿￿4 8knJd In thJleR ol £728 di¥J to the oyn¥k)n In I￿ yfjar, Thero 4re no gokno cthtrn losuo& Tho thjrfty h88 b4￿ In 18Latyi ovw th8 pgjl 12 81¥ts kn¢¥¥wd lind8 kn Ikx¥lr•ldng IIJ CN• ol Ihb of pwlLSnntsw grtB cl8881J¥, 3tru¢¢u¥•p gov•m4n¢• •nd mfyn•y•m•w•l fli¥ Lli¥fAy i& by Ils wtrlng o dwl ol biw ft Charlwde WKowatod rtyiiy¥lion. Iru$1￿# wh) dbjrknw IhD >WfflfM1 up to dalo gf tho fin•itil al1￿•￿1# wgM.' J m¢Fod￿an P Cdllr) A 119tYlernon N WArrun (Ro•Ign￿ 10 Ajrt >Y241 IR08W 18 Xl?41 (Ro￿%￿d 8 JL 20241 IReWJ 10th120241 I Slww A B￿thern•n K Elk>tt M C Ronforth Or F 4Aswyeh IRosb3nl 10Awrf XRS) {Ap￿￿tt￿ 11 PAaTth Rocrulti)wnt and appolnlnwnl ol Tru81eos are awlrtec ty ffjappoknted 8t the G8ner81 Wg 8tk am Irvsiees $uhTrMI 8pplratbn trAm. The trusto8s then NrAe Y•het4vr lh& wo.tm&nt w)ukl hEI b8DE>fLi&l io tho charlly. Ail tiJstoos shdl roum from offlc8 y(K4f 81 Ih8AGM but lor Organlsadonal stru¢turo The clitjnty Is w¥erned by a knrd ol T￿￿8#. Tlw Iloard meets o¥ i% Io thal lU) w￿￿116U* i￿#{9 lo tho iumno of the thr"ty.

TRUE COLOURS THEATRE TRiJSTEÉS' RepoRT IC014TWUED) FQB TIIE Y&4ft ENQEQ 81 QGTQPEft 2Q24

TRUE COLOURS THEATRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRUE COLOURS THEATRE I r8wI lo frustg8s ￿ my examlfithn af the knarthl ofTftw C￿0￿8 Theatre Charltyl for t ygar andod 31 Ock•r 2024. Ro$poiwlblli•o and ol r•port Iho Trugttses of th& Cmaroy you ere lor stknnart% In awdanc4 ￿1h reWremJiitJ ol Chakns Act 2011. I ropnTI In r0$0W ol rny •xA Trknalkn) OF Ch¥ltY$ $14tsHmonta ojt wder 145 of ChwlYo$ Act 201￿ In my 6x8mknAIth I Iho Off•'¢m g¥•n ty Ih• corn￿￿￿1 undor 88cilon 1495Xbl of11)o Cha'NlesAcl 2011. INl•p•ndgnt •M•mlnorfi itat•mon¢ I h#vo nm)￿18￿ my examlnabon. l o)nllrm Ihat no 11￿￿018 have LW1• lo my althnkn b) wlth Ihg &xamP4￿?1￿Jn ￿￿1n# ￿ cDuse io Wleve Ihal ITI any rOsp￿t recoth kEW In re9ped of by •¢dkn 130 of ihg Ch&rtli¥kl 2011. tho 11n￿1nd%￿ SI￿tomO￿lS ¢kn llh rocords,. or tho fitwI..d¥4 81&18iirrt5 thtr Oppsicd￿8 COrK￿lI￿a tho k¥m and ojnioni of fini￿101 801 In tl Churilm Ihrtrti￿s and Re￿￿> 21X)8 ulliK Ilian anv r¥(w remenl Ili¥l Ilw I￿1￿￿8, 6tyteff￿1Is li￿ frw"r YAik i¥ mnlW tx)n$idwed 85 Pjrt ol n I1￿￿nd•￿ 6X8nlT•)n. I h8¥8 no conrm8 118¥g o¢¥os8 fK+ oihw mBllors kn coTrYdcffl wllh Ihe eXAmin#ll¢)n whidi all8nlon be drB¥hm In IThs le5￿ lry c(d¢r to ormbbtr a wopw ot Ihe BnwK¥al thtomnls lo bg roached, ]Ce- Nlcliol•• Cw¥nthgh•m IFCCA) R•b8on Lolrf￿ AcGoiintont• Umll•d rormo(Kl Fk)Iisi> FArrThvoLxJ Road Je6motyJ N6WC&thJ uwi Tyn• Tyrwj Woar NE2 ITJ FnglwKI

TRUE COLOURS THEATRE STATEMENT OF FINANCIAL ACTivmES INCLUDING INCOME AND EXPENDtTURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 Current Iln•nolal year UM••trlctsd R•strqctad fundty nd 2024 2024 Total Tot1 2024 202J Incorn• fro tkw.fjtions Jowi80 Chivlidbl8 acJvln68 Cllwr Ir8thn9 46.228 71,242 90.9fKI 45,488 91.714 71.242 564,975 35,168 4J,348 Total In¢ow a)8.3r1 4ts.4811 2Jf3,859 e43,491 El￿n(lI￿r0 on: riii8ing 43.390 J)1,84 ?5,174 139,103 249.736 62.114 293.126 $2.114 345,239 184,277 N•t lihconK4•xp•ndurol MO¥•m•￿ In fun 184.7fj41 18M261 191,3801 419214 Rveonclllatlon of fiJndB'. Fund bulonrr8 a.. l Nn¥t￿b￿r 2DfJ 504.313 6,628 bl0.939 31.12) Fund hal￿t•S •131 Oclolw 2024 419.55• 419.VJ9 S?0.939 I'he stJmnrtt nf OG11￿138 inLAé8 Al #olnl gnd bJM•s Mo>•wad kn Ihe yew. èxpÈrMltut dofive trom ac1￿*.6¥.

TRUE COLOURS THEATRE 8fATEMENf OF FINANCIAL AcnvmES (CONTINUED) INCLUDING INCOME ANO EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2024 Prlor I1￿ne181 y••r Unr•8trkl•d R•strt¢twl nd6 lund8 2023 2923 Total 2023 r)on#lknn> wnd 19g&ths Charlltsl￿Q aclfviles 532.849 35.168 43,J48 32,326 3Jf.160 43.340 TgtrA Inc 811,18Jr 32.32 643.491 Exp•iKlltwv ¢>n: RaI61ng lund8 ChadtAbt8 25.114 104,912 25,174 13fl,103 34,191 Yo1￿ •xp•ndllur• IS).08 34.191 1134.277 Not IncomWI•yF•n¢HIIIMI and ￿￿¥￿nI kn fvnds 481,079 (1,865) 479214 R¢¢ondM4tlon ol funds.. Funrl balillMX)8 al l NovetrT>or 2022 2J,234 8.491 31,725 ba*nco• ot 31 O¢iob•r 202J 504.313

TRUE COLOURS THEATRE BALANCE 8HEET ASAf31 OCTOBER 3024 Flx•d am• Tonuf¢lp•*" Cwrr¥rt•u• J2301 •yo N•t¢urwfjni4M• 1S1 61Q9JO fur 4iJ.559 4,313 419A60 610.&10 1¢ Eli￿¢ u61

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2Q24 A¢couniknq p01kiH Charlty Inlorniall True Cdours Tfvjotre l¥ J CWlabkJ IncorwK&il in Efvl Ihe prlntlPAI addre88 19 Shafto str￿1. W(¥lB•nd. NewcostbUpoTr-TsTh. NE28 7AL. 1.1 Aectsuntlng convonllon 'I'ho Iipancicil sla'.étnonts hw8 FY¥F•¢d ￿ aCC￿d￿ w¥•m￿j Chonli0gAd 201". FRS 102 Fina￿1 Rewlry StWKlwd In th¥ US< and RopiiNi¢ nl tr¢lAI￿. lh4 SORP 'ALcO￿lIk¥ afMI Rftpc¥tiryJ by Charttth.. ol R9￿¥￿mOThJod Pwtlce applkabkg to ch￿1￿$ prop8rfrvJ Iho¥ acCo￿ts n ￿l¢c• tha Rnvjndal R•w1kn9 sI￿d3T apFlkAb￿ UK ènd Rapi1 of Ir¥l•Thl IFRS 1021.. Th8 Ch8dty l# a PJb&c Ertty ns ffjmd by FRS 102. Tho CharAy 149 ol in SORP rty C￿1dea wepwro a ¥lolomth or c•ih Ilows. Thè IMfKW have Irorn lh8 ChAritlM (AttxAIM 84)d Rèpnii>l fiegubtknTri 2tX)fJ or.ty lo ¥xior.I rtyuiiod to pt(r4KJo u IruÉ) ff￿r TNB dgWrtui8 ba8 In¥ofvad fOlk￿ry Ihu Stotem¥nl ol RwL¥Miandod PfKli¢• l¢y app￿ FRS 102 i•ihBr th) tr,e t￿￿l>n ul S￿t0[￿￿nI ol AecornorKlnd Praclko r818rreO to kn the R•uulons hwB ceorn Th• Iln8nc4 •r• lrt 81thi. L¥ IwKtK)n#l ol t1￿ Charty. mO￿￿ry n￿nts In ithnthl r(wdod w thè E. The 11118ncig1 atst¢rnents haw) beon WBF•I uryjw thp h'atLvuI rA>Jt convwthi. Tl)g wlnc4)al tounllry &lOpl￿ are Sel DUI boknv. 12 ￿￿n9 conc•m At In8 ijme Jf &pprO￿l9 f￿￿K•I •larnorts. Trus¢¥e• a rwI￿bI9 Ihal ￿.• Clwrity hAA nde¢iir8t• I8￿Ure￿I to (xjnhwk In ¢)r¥)r8¥(xul èxl418nce for fuliim. -.￿ty Ihb ifuJl¥es CA)ntyn￿ to &k)pt Iho gokng c(xKom nl accowthJ Iti wepartng tha sLitom¢rtB. 1.3 CharllAbh lunil fwKl$ wbJKI ID SI￿•r￿ coTrJ1lK>￿ by grdiilDrB aB to how tt￿Y may bg u•od. Tl p(JrwJso$ aNJ uses of the nygtrict￿l lunth arg 8th oth h the i￿￿85 to ¥tatsmtonts. Endorrffll lunds we wwect lo ￿.dItIOnS ty ¢IcY￿ Ihat • cp#d rtyJ&l be ty t￿3 Charfty. 1.4 Inc(¥n lY)rAKB ￿ r¥cwW kon IhA Charfty bs walty 8nts1￿J to * ￿er &ny (x)ndits'¢m b8en niei, Ih8 aM￿nIg cxn r¢ththy, gn4J 1118 kyobawts th81 l)0 fQCTh¥Q¢. Ca8 dfM)atth& e O•r t¥nalkms Bre Ihe CW h•$ boon ¢on8'.￿. tsng9 QerrL¥rnar￿ condllKm$ rnqui￿ deferral of its 8mtsunl. InrA)I￿ tax [￿Yorab￿ in re:'auon to Lkx'jilloiis re¢elvLNI under GiftAid L¥ dowls ol ¢xive¢liu￿ is rwy)wi15od th¥ tir.9 ol th9 donalw, Legacles mt(NJriswl M I￿￿p1 or 01￿￿￿198 IF the CJ)arily notifiad of an MP￿111*a diytribblK?rn, lo￿1 5 krrfy4m. ￿ rec•lpt Is oxpeeied. H the is knowm, t￿> logaGy Is truatod as IL

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 OCTOBER 2024 AccoufjlhTrg POtkl•s Icontlnuedl 1.5 EX￿n￿l￿r• Expe￿1tJrfj 14 ryKOgn￿ ¥ le￿[ or constructw &) trrtw ecortjryic be￿rrt ID thlrd sNwty, i UMI 8 tr&ièlw ofa)wrk b•nllls ￿ bo Iqwlr￿ In s8ilafflèni. w¥J Uia amunl ul tbe L)Iwtlon b8 na6ured 18lldbly. Xn8r¥htyJr) lib ¥cJvty The costs d e¥h othibty md6 Ihe toitj DI d￿1 coqlN nnd sh<•1￿ ¢0s1S, ￿,JanE cosls In￿1¥￿1 h 1￿ert￿rt9 &C￿ty. Ltsts oltrbukabkn Io a Sin￿8 acliwly 8r8 8ll¢x#tsd dirocty lo Ihal Ixtiwly. Stiarfrd costs vthKi ¢L￿rIta￿l￿ to rnore Ihan ￿[￿lY and cvnyMIBrtt wth tho u80 of r&Bwr¢es. Centsal slaP CXbgt# aro U)b bA$ of l¥1 and 1A Twibk> Ilxod a•¥ots T￿￿1￿10 fxed oSSPtts aio al 0?￿ and nDgwr•d ￿ cfjtt ¢x valuAlk)fi. ￿ or {aatk￿ anil any I￿rMS￿l kisw8. DoprncikJn its recogThsed sts J• to (rtlhè ¢osl or vth4t&Jn ol 8s•ets Iios tholr ro•thal t soful Ihe loknwkng buao8'. irY¥irnvomDrts 118ni •MI •qulpm•r Mokrf vtyhks 10% ¥traVil 33% 6trht 25% 8tr•baht n Th8 or or¥ the 01￿ M8t [• det￿h￿ 98 dltlorwv te1w0￿1 tho rrtt •nd carfft ol h ¥8JoI. or¥J In ￿lstate￿On'. d finwKlal 1.7 kwlim•nt ol Ilx¢d JMt• eftLli i•Hortinu erd dalo. Chartty r9¥1￿ Ihe rnrrylng anN)br rt It5 tnrylNo )$581s Ir) (tstsrmliie liot1'￿ thwo Is any wid￿11100 tha: ossels liove sufftrW an kmp&imonl kJs$. 11 ory sU￿h liidid1￿n axknts. r4rA)vw&bb wwjnt 4wet la esknrY#i ki ID dwnM"na thft •xtgnl of I￿? IM￿1rniVnl Ca811 und Incjudg c88h In lnd, IN4¢J yt cal I￿1h ts￿8, olhw Iv4ubJ Invtsslmunl¥ with (xkjinl troluriithjs of MY8u monV18 ( Iw. ovotdralts. Bar (Ngrilr8n& Ihln t)orrvwg5 kn cuirgnt I¥4115￿￿. 1.9 Rotlrnin•nt ben•lts Pgymen18 lo d8llnod cortr4xJkn bwfft st1￿7•￿ we ¥s ￿ ¥xpBrpo y¥ trey all di￿.. Lèases are ¢kn8¥nErfl as kna6e8 th& iéiml of Iha18èie tr￿sfer #l)$l¢inli2ly al ￿ rbsb * r8vi8rd8 t￿£¢￿h1P tn ￿ le88QL. oU)er ¢knJif6od 35 r¢oryJNffj As881s PK)kl uidvr $85 rec•gnT8ed ao 1459ets #t ￿ bwer ol 18w valiJ0 01 tl)e dolo c(1￿￿.￿ anrt vo￿V￿U6 of Ihe knlsu p¥ymm¢s. Tho rolaw lat¥l,ry L4 l￿d￿l￿d ￿ lh8 balaii sh091 48 a finaiix ￿98￿ oblylkn Lea89 arq Ifg&to(J as 10'7sfjsllw tsl aild inter¥sI okmonl$. n¥) ￿terest is lo rnl ￿￿7V)￿l0￿r¥tThurO> aB lo pthJe• B txmilaryt iothc ra',8 of Intwesl Ihe rwr8knw¥J tsaL4￿￿ of th8 Iblkqlly.

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 ¢illkal accounllng •1￿m￿tI and ludgwnw 0811mr)tes al￿ as8urnNIon8 about £airyW pmwnt ot asfjets 144bdlibo& that are nul reudly Wpiironl Irom ntY8f 8outyy>s. 88t6maieb' awclow a¥wmptlcth arè based W8flwiL¥ ￿1￿ olh8r lactars thai are cowkw lo be rknrrt. TT¥y (rom thos0 891th0ts8. The o¥lkn)at8s diml LnlerlyhMJ on on owkvJ tJ&YS. io 4￿£￿11n￿ gllm•les recwkyttd in th• wh 1Th0 0511Yth 1% rovlsèd fi¥re thu rothon alT8rls tly lknl k)il. ¥rlod of U)tr re￿5￿)n pefKMts ￿re tPK4 both ¢)JifWI aiid lulum Ineomo fr•m donallon• l•gath• Unrn¥trlclod R••trl¢tgd r•tsl Uftrmtrlciod R•otrlcl•d fimd• 2O?J Total Z074 2024 2•24 2023 2023 Dowllom tttyl #ft 37.976 37.976 15.188 1.890 750 531,899 33.076 46A86 ior¥k8s 48,226 45.488 91,714 bXts49 32,326 ,975 I￿u08t1 Is £MI {2w: t￿.(0)1 ol IkThted a88818 Irtyh BBC a9 Port ol Ihthr Uly SOS rNoeucIIM. In Il¥J >¥)8r the thnrlly hwl welh>8 *) the lolBI v• to £8,29). Inwn• fmm ¢h¥ltable xthfltl•• Unre•trl¢i•d UnTr¥lrkt lund• 2024 2023 ¢harltabl• adlvMI•• 71.242 35,160 io-

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 ocf08ER 2024 kncom• from oth•r acthlda• Unw••trlcted Unro•trktsd lunds nd¥ 2024 2023 Cnfo inctyn Fl￿ar￿¥￿n9 8v8nls Morchaidls8 Roorii t+ 20,870 38.008 1,948 10,189 Ollw tr¥dlnp 43,348 exp•nOhw• on r•l•kng fund¥ Unre8trlct•d Unr••tfbrt8d fvnds fLbnd• 2024 2023 FiwKtral%lng ¢¥enls co•t¥ OIM¥ f￿11(r&i￿rQ co• 19,511 5.670 25,181 17.PAX) Tr(Nng co•ts Cilv Lv¥ly 11,760 6,459 1,469 S,Y15 18,209 1,374 Tolal costs 43,39n

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEIIENTS {coKfiNUEO) FOR THE YEAR ENDED 31 OCTOBER 2024 Expendltur¢ +)n ehaYablo c￿1111b1• Ch•rll&bl• a¢tlvlllÈ6 2023 2024 Dlr•¢¢ ¢oits Stol cll.Lx T¥&hlnu C￿tr￿t0 Class malor￿1$ and ewlfftrt Athjifjondl 0¥￿¢ co￿& Rrxm S￿]rY oxpJnitt¥ Eth¥thlrb.meni 121.635 36.018 38.218 4.045 18,393 4,677 2,042 ,185 4,713 I￿240 65.289 sh￿ of guppovl •nd gov•m•nM Go•ts no¢• ljl Suppofl 91,7T6 73,8J3 66,227 7,487 139,103 An•ty¥l• by fiind UTrrestrKW fund8 RO$YlcltxI fwmts 240,736 $2,114 104.912 34.1511 301,8￿9 139,103 12-

TRUE COLOURS THEATRE NOTES TO ThE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTO8ER 2024 supp¢￿ eosta allocatgd to fvltb6 2024 2023 DgFxedailorT Staff Travel￿0 expena Credft ¢aro dwJ Rep?4r5 ffl?inl8wn ￿(￿r runrNrwJ gY¥W IDsur8nr rr sofhyaro subs￿￿110￿9 TdecOMn￿nG8knF ITln a￿1 ofP& 57,397 SO.375 218 1.-321 3,149 11.710 (1.372 618 1,443 3.704 1,1J2 5.509 T,487 105,N19 T3,714 Anatyi•d b•¢w•wi: 105,&Jg 73,71 2024 2023 Gov•rnanc• c￿￿1p118•. Arnnlfjncy LOV￿ pro•58&)nal Intor￿1 (wge8 4.105 3.362 3.887 7.487 Nel mo¥em•nl In lund• 2124 2QTJ reEJS p<1y￿bIt kjr exwr1nalkni￿ ihvJdwlty8 1150 61,39T 3.oc bO.'.175 lawlbkn It<pd a•so Npne t lh8 Trustfjes l<K t￿n•Cl￿d trwnl Yec*lTh14ny tr1￿0￿18 from the ChGinQy clurI.￿ 11)& yew. 13-

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2024 11 Employ￿¥ Ihg uvowwJe rnO￿NY Ihe ￿waS. 2024 Numbw 2023 Numbor 2024 Z023 W8088 sakrfkx lal 9vouty Ohir 118,192 3,724 1,119 121.635 R•munwa¢l•n ol k•y p•Troiinol roinun8td¢KHi ul koy Manawm￿l ptrw.ThJl w48 •J Idy•: 2024 2023 30,62b 12 TaJr4tSon The •xemrA Ircfn 18>A¢￿ uri bO￿￿eal ItA lor chRn"Inbkn N¥p0818. -14-

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 ocn)8ER 2024 13 T•nglbl• Ilxgd aM•ts Pthiitand Olor Al l No¥8nr 2023 5,134 S)5,134 23.lr At 31 2024 22.44(i 5211.?00 Ai l Now8rnber 2023 dwe<l In h ywor 558 1,785 0,558 &612 Al 31 Qekn￿r ¥&12 1Q7,965 C4rrylno rthounl Al 31 O¢trJbo¢ ￿21 3.451 18.834 420.28S Al 31 Oc&)b•r 2023 4￿,1x 4,678 464.571J 2024 2023 Amouht• llWng th18 ￿1th￿ on• yw. 7rth I8btoro othgr 119blorn 8,198 J95 2.403 8,593 2.40J 15 Crodltor: flllno du• ¥Athln om yo•r 2024 2023 (knllgalh)nJ wler IWwnc¥ h¥J¥es OlhpF Faxèll() ¥r'<J So￿j￿¢￿ Tr8du Lrtxbto ¢Jtti8r credit 17 1￿85 (l.l(kl T83 4.038 5.114 26,050 1CI,t03 16 Crvdllfn.. •m¢unl* l•U¢ng th•• mty• Ih•n om y 2024 2023 17 6.A77

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR ThIE YEAR ENDED 31 OCTOBER 2024 17 ￿n￿¢8 l•a8• obllga114)nS 2024 2023 1,885 6.877 Wlhln two wd 8.782 10 RMtrl¢ted lund• Tlw r¥sir.Ltgd chiithy un8xwid•d ol dotiaiirn and h¥kJ truBt 8uWI 10 w.11￿ c0réiu￿J by ¢knxs ats lo IKY Ihoy may b8 LWI. Incomlng R•Aowcw At 31 Oclob•r Mov•nkn •xwidgd 2024 2Q23 Cunmiixy Four￿￿& c1￿0r0d1 Hdday AthU88 NqfrLNI L¢Akny F￿1 4.1 10.622 114,748) 15,372 19.494 115,3721 119.4941 6.626 45.4PAI 152.114) year knc¢xnlng R•501trco• Al 31 O¢trJbor No¥￿h￿r •xpetsded 2023 22 C0Tr7mwl¥ FouTrJolk Anpobdle's RtsknbrAV CareTeth F￿1)do1 *￿￿#)8 t￿1 4,126 20.817 J.8171 11.8851 4,126 111,5091 8,491 3Z,326 134,1911 6,826 16-

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 OCTOBER 2024 18 ￿￿tfIts.¢￿ luMIJ ICon¢knuÈd) Thls is 'ur￿l￿g P¥Dgramm8• tr >wig rwFAo co61 of Nr¥J and wrkjl th4pri'irilk)ii. Tlils 13 [Lndi￿ 18corf9rt SJ oontrw k¢ the ofts wo0￿(&n of a TliL%" &. fundiwJ lothyftrt lo cNldbth k) ¢nO WSt ofory#Titt ruw4i¥J oldaMe4. This 18 funding rgc8lv￿l lo rw p8rkn ID Id￿1 IK4hJry8. $ Ig rwl¥gd lo 1tysvJng lolmwtyw ￿81th aroness 18 Unr•strf¢t•d li￿￿ Tlkn urmsiftthd lurKls ol Iho cw comswkn th6 W￿xp￿nd0d bncoB of 0￿8¢1￿$ l¥￿t8 Are sub'.etl'.o 8wcik ty dt)nofS •Thl k) h¢M IINry MAY be Trios￿ In¢kde dgSNWdtfxJ fund8 whk bayo sot awto of lund8 by t￿ trustfyfji IrK AS)or.ltr. puryjoitts. At J1 0¢￿ber 2024 Nov•mbw M•owc•• •xp•ndod 2023 504.31$ 208,371 1293,1251 419,5511 Pr•￿9￿¥ yAAr'. In¢omlng A¢ 31 Octob•r ¥xp•rylgd 2023 Nov¢mI￿r 2022 23,234 811,165 1130,0801 $04,31J Uwotikt•d fundB 2024 R••trlct•d lund 2024 2024 At 31 October 2DZ4.. T8wiblg a.4sÈls CU￿ellI 8ss8tsii#awll*g} LorKJ iarni liubllli8y 420,286 6.161 16ffj17) 420,285 6,151 16,877) 419 419,569 17-

TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 Icontknv4dl Vnrn•trl¢t•d R￿trICtsd lund¥ 1023 Tolgl 2023 2023 At 31 1)¢tob•r 2023.. Tan£4b'o 454.576 49.737 454.576 $6.363 0,620 604,313 e.626 510.939 wtr• M df¥th8lA• rolated pwly trDr•ocbcrnthvkng IM y12023. rtho). 18