Chaiity regisirntion rtumbvr l 192136 IE•)gl4nd Walesl TRUE COLOURS THEATRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
TRUE COLOURS THEATRE LEGAL AND AC)MINISTRATIVE INFORMATION Trusteos P Lollffts N Ivwren K 8110 M C, Renlc Dr F H8ssanye ',Appoknled 3 20751 .AppoMod 11 Narch 20251 Patrons K thMe8 Charfty number 11921 PrncLPAI •ddre& TrtE CdrMJ¥ TWt )gft0 Sl'eet VallsetKJ 2B 7AL Indoynd•nt ¥xainl Rob L•therAwunwis L¥nrtEd Fe¢nwwrt Houso Roa jesm NP511e Iwfb fy Tyre kngiand NE2 ITJ 8onknrn NalKxW lA*trIter Pk 16 Northumtrrtaryl Strget wrAiie Tyne NE1 7EL
TRUE COLOURS THEATRE CONTENTS PA9 riii8ieeg' iepori IvYk..Feiifknit examiners rewl BalyKe sheel 1¢5 lo Iho Inancial staternertg 8-16
TRUE COLOURS THEATRE TRUSTEES. REPORT FOR THE YEAR ENDED 31 OCTOBER 2025 Tro Tiusi&eB &Srit anr1 le fiTranc STalews fry Ihe year •nd8d J1 OrA(w 2tr2& rinMiiL)81 siaemarits have been accrydwce P(acs sel wl In note to Ihe rinancval slaternenls CO wrth Itm) chJnls s WLiirMng dooJnnt. the Ch8ril'es Acl 2011 and Accotsiillng [7 RetN)rtin Jt by C.11e$ St&lemthM of RecommerKkd PfaCtyC apFkatle Iv diaiil¥ yreparlftg treir xcounts in aCa0rdw wth the Fin¥nGg1 Siand¥d Wc4Ne In thè UK aid Rewtlc ol .'rel&'MI IFRS 102j'18ffIKte 1 January 20191 ObjÈetl¥ea and att5vlllt)• I11L 4"haillVs obpcbvèy io 11¥ pwformry Lla6•É f(Y thILtren ¥KI yotry adurts. Twa Cobjrs fatre ¥KKJs"e perfmity grts dasses low thikjrei) yiKI yuutw Jults. cf cw rnemt Ive additsefial needs ol%ablities. Ir¢nI. IalI. wyllor pan of Ihe LGTBQ4 ccmi'Mrty Our cla55fr9 pl&ice I l¥orth lynft81e.p weaeTrl arNJ (lays i e¥eniry IhroughoJt the week ha¥0 8 (Jwtent rntynber5p cl 350+ a',so o.'lei ali allernabve FX(Y&i5rm lo IBens .ind youny ddut¥ 4YV) te Uable to CesS SCI1 oicollpp Tliis i& gven through poslo-.J care. NÈ offer OJIreh p.'wr8fMTrU Ity imrnv Ng8n¢Il)Tr5 tha, K) roll,¥alth on mnny prcloct8. Liee a sale sp3ce. è plzce of W.•ptai. eWury (xn wow n (x>iMwe wthTrit any SOrn8. gemertl (x diffÈrOO IIW tuiiertty ow"Truè Colours C()neu- lè•)S LI youiig adjlls dÉs¥ care seTr.CE jii)ed al teena£$ yru)g a(Jv.-. 14 1 1<) iiin HkiiK3Yitk. liuo Col(ws wovigons akga(ty provOrt, 1715 will locus nti pe(trmikJ arts. Ife sklms, MaKalon leacw aThl sensory 16Y1$ TThi¥ 1£ ger triough pasiDral Lare. We 1n1r0ded Twe 8rL- conimLK3 for lJirdv4e cafè ollevffJ w exFenenGe. trawyng lar èd..ft$ 18+ th dlal needs. coiibnuè I1h Jf F4a7S ID té aiS•_ 10 ollef rowI)isad qu&lificaiIl lo oui oqÉ rntn?bers wi the knture. PulArc ben•fft Iri nn th) arjd catry.ny out ttr CPwnly's Ine tnjsteos have ccmsthred Ihe g(IKlan(o pro¢uced iiy the fhaf.ty CJniiTr8Jts) th pJblic benefil w)cwthng the 'FiaAir. heTh2fil' runni a IPB21' and are confid1 that this liThJ ¥hl& Ilyough tSJsutsd
TRUE COLOURS THEATRE TRUSTEES. REPORT (CONTINUEO FOR THE YEAR ENDED 31 OCTOBER 2025 Achievemenls anE5 performlnco Tnie Colours Theatre has suppfyled o¥er 3504 thiktren VOuii9 pee kn acte5s performry arfs eekty basLs 37d i fiirthwr BOO+ Ihrough pwtnerslNp wrth olhei oruanisakn'(his hAvk had 8 sieajy nnwshqJ $e last ygar and Ive Cnne 10 5UPPOrt la1Th14 thivv9h dlerje5, llets, depr valK. oosl ol Iiwng cr1$15 pro¥10n9 lor a SEN lamlty tyo¥MJe %gntKJsl f(¥ lorTYlie$ deahng with mei)ia hèallh Issues. True coUrS Tneatre has a base '.hwks 10 BBC'I niy 8n% whn lo tite res¢ cjJffletert reinv#llon on uur bui&thtVJ SD True Ct>ITr51¥ fii¥¢Jlie iwkl he IIiT bJl(&ng lo host dasses. 11115 d(K)rs i b".and new proiecis. 0pwnnrts and p&knershp6 This year our buihlr¥J in ful use Nhc¢ zg3in tlconlr¥J meirt>eT¥ d8ily and vtrodiKing new skdl sels to the memiw5 The rnber5 W.rS$1Ily perf0m) lo a s1 al tre Bay fItlSe i) Juty 2026, Jsl19 b8ck-lo-bdtk perforrnans 'See the Abilty" Miid 'H¥iJt)y IvL•i Aft¢1 putlirwj w another ixil¥laiirJiii(J shw lor he Ixrrwniinity Men11rG I'Jy¢b ¥so been Iny ted lo al many dffinI evonislveiiues thrcMJghoiJt the ar. wliidi beèn a piugxx SUtC&5s a7d a thnin1 lot 'llB have Irtr pknb r 2027 1? twforrn at Ihis venLlV aiKI u111 ¥etNJes auoss Ihe Northeast beyond he&Y oui first nebwrknlig event Ihis ye4F at base w) Apnl 2026 ihts was 3 Iwe 4$0(&1 by Tho Jr&tid Hol 0$fO11h Park Otsr h)wder and CE3 AJi$ar T)yky lopro501th1 Tfoe ai Ihe NrythoriS1 C.harnbp.r ol Comm?rre ¥gr.pivpd a I l¥l)ty Coi)ile17ded award k)r 'lnsr4nng WomAn" (of he., [¥0bLn ¥yJ frue idoui 5 arKI al its Ti ¢mlRr$ Ali$e1r olsD ¢wl to wlh tho Pi¥iie kl.nister Sir thr Siwmer ¢1) a qile5:.rffi-art-answor m29th.ng aroiiii(I SLNL, and LJULAI ION alcKw Wlh othe¢ ch8rthe5. an¢J ioleyes also r&céiY&d an 8ward om The 8enef¢ GfQUP lor'O(rtsL?rkni Chwty" ClIFJr.ly i)arlnr5hps ¢l¢J¥ed Ihs year Fc a SWA)rKI year Inlemalknitsi AIFFXYI The Grand HfAo.1 Goslrth Park. FInala review Durip.g the 202¥25 ffinwoal >Yar the r4ri r47.9LII al ol w1h was unreslncled Al Irutr C4)low¥ the chatrty had lléi asst$ 01 £371.W all of werè Ln(èStrIed The wJrp05e ol Ihss Reserves P¢'CY frx-riie -doLirs Thealre i& Io beuxe tne StliY of the proqram1rs the onwvbg <¥)8falions DI ¢hurly by p'ov.(bTrg an Intsmal swrfz of lund5 5rfu8ryons ¥u¢h a5 a sudden snue&80 xpenses. one t#ne jgeted exFenses. w?nlicya(ed ¥Jss M) fLknth'ro, 0( ur4nsured l)sses Tho Reser%es 10 tètam eThJuW trèè res•Nes al Any lim. to J monlhs Core costs linrjiidiry slaifiTr3 and rcorn hifel Or 31 OLfr)Lwr XQeJ IirL" r¢¥ei¥¢s stLMxS at £8.720. The are no gowg rnn(e. i55ues The rty 5CeSSl o¥ef ts pasl 12 1Tr)11ths and oener6d irr.r&as8d fioin fLfftdrasing and its cnr8 oftke wow4W)n ol porfryffliry art¥ cl353es Structu, YeranCE and manaoemènt The charity 15 mntrDllpd by il% govwriiryJ Joa#nenled. a deed ot tnjsl ark1 c(xtsh"ILlos a ChwrtAè IncNwraléd 01913. The I¥1& who 8vad (knri yèal ard up to ihe dèle ol sKdnatUFe fin•rK*81 stalemenls were. P ckn8 N VlJtren A B ike[lI K ElhoTI M C. FlenFrxth OY F Hassaryeh Re5vd 3 tknmbgw 20Zbl IApp)nted 11 2Q251
TRUE COLOURS THEATRE TRUSTEES, REPORT ICOfvfflNUEO) FOR THE YEAR ENDED 31 ocfoBER 2025 Recruilrnonl aricl avFoliitrnent ol trusiees IIuJiees are w(Miltj £¥ re3DFK)Inlp..1 -1mllY 01 I11vj Wa ost al ntsmiroie¢ Iiuslb88 10 bjl bmrt aD risr-blcdbon .crn [16 Ll5118111 iILisiees theii vole to eCIde ¥hbe-:her ar)i.oiriiiiThYil Vicjukl l)e wnofF-.1l¢ I In tl.(y r.I'¥irily nll InJ&':Lr.q shall r.re Ir(w fjfjKQ oath yeai 01 lIA 1 aio {][ r&&trLXitsn. Tiutsl¥u¥ Jli.IN hDld quarterly {1rn95 Organigatiol OIntU I" c f,.41ily ib yoveiiie4J by a 8oariJ af T¥usiees The Boafd nigets a5 IS Fquii¥d, lo de8, 1 ans, spo-th,- l%%ues rilalg lo lh¢ rJrrfj & Iho th11 rttrl Ihe I l$t.3, Jrt apwo¥ed by Ihe (1 ol In6tees T110
TRUE COLOURS THEATRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF TRUE COLOURS THEATRE
I rewrf to Ih6p Tiusltr&s Lm Iny exaninab(H) of tr of True Cokjuws Themtre Illitt Chartyl foi the
yÈar 31 Odottr 2025.
Responsibilitiots and b4$10 of rvport
A5 I IUilèÈS of IhÉ CharFty you èle r&5[rtiblts br I,t prerArnik7n of finanorl slai¢mes m acrorda wdh
tlitr rC.qurern18 ol IFMJ Chwi1 Act 2011
I report Vt fQ5p¢¢I ol my examMat)n ot Ihe Chanws caffd (M under tsOn 145 of I
ChdriUÈs Aci 2011. lil :'afryili(J OLII examinw I have k4k)we# thft OlrKll¢xiJ 91¥ try the Charit¥ ComFrsgkn
iindfyr secDan 144ISiiuI ol Me ChamSAC1 201.
Irldoyendent examirrfs stateinenl
I liave (:oniplelprt lil¥ ipX:.)Ii%iiat I fir tbal Malle io my atttion In coThwctK) ttt il
OMiiniinalk,n givinB mè se lo be&ewe Ihal vi atiy Inat4n#l re¥
arKaurtting rp(:(J$ wore n¢A kept ln resw Df the Chafily JV• Fewjiad ty sectioii 130 or the fharilS Aci 2011.
thè liiiaiioal stalemerAs do iol HLctxLI with IIKJSE reco'.d$.
th8 fTDe1TILI(Il sl
TRUE COLOURS THEATRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2025 Ctstrent financ1 yoar Unr•strlcttd fvndty 202S Total 2024 Note$ IncomE from.. Otsny¢itKi> &W.d le9aLs Chwle ¥Llivrtro¥ Qlhw Irhrig ath¥lS i.,0>6 186.697 53,d1ts 91714 71242 9)3 Totsi Income J76.606 253.859 Fxpe4(Illuro on. ai5iw Iwds Ch5Jfl'iikA¢ 32,752 391,756 4J,JiKI 1.849 Tolal èxp¢nity 424,507 e¥pond¢uffj and mo¥emeni in lunLts I47j11 191.3801 RLGli4¥11 01 funds: F1 bal5 Al 1 Nt)¥nl 2¢Q4 41Y.559 Fund balAneM At JI O¢tober 2025 419.5S9 The stalei)*i)l of l113ii¢Jal aClrirf•8 9gbfiB 4nd Ixse• sn year. All pxpvwllvre den¥e ffr1 ionikniiiio
TRUE COLOURS THEATRE STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCT08ER 2025 Prior fin¥ncial y•ar UrtrresL"icted liind¥ Re$trictod ltsnds 2024 Yo1 2024 2024 Not•5 Ineome from= 46.226 71.242 ).j 45.488 91,714 71,24 go.g)3 Cli8ni¥kAe a¢tr.111$ other Iradltt9 Total lrtcome 20B.371 45.4fl8 253,859 ExpendltLr8 on.. RalÈiiiy lurids- Chwit•blf ac1111$ d3.3ty) 249.715 43.390 X11,84D $2,114 Tottl •MndItUre 293.125 52.114 345,239 Net incomo and mo¥•mont In fvnds 184 T541 (6.6261 191,M Fund bneès ai l No¥Ember 202? M.313 8.626 510.939 Ftsnd balances at 31 O¢tob8r 2024 419,S59 41q559
TRUE COLOURS THEATRE BALANCE SHEET AS Af 31 ocfo8ER 2025 2025 2024 Ngt•• Fl¥ed 4s$el• 13 a6230 4>J.285 14 34.709 16.167 8.593 23,IYJ8 Cash * bath ,876 32,201 dWof•: f*llA9 ey••r 15 )7.424 6,0501 12,4S2 6,151 376,JYJ 426.436 fflor• th y•4r 14.7321 16,877) 371,058 419,559 The lunds olth• Cl furi 371.658 419.559 37fffj51 419.169 19 .03 -ao& If EIKJil Ifu•I••
TRUE CQLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 AccountsrvJ poltGies Charity inlornation I'iue c.OU[S 'fhealre Is a Ctwiable IncorpyJte4J OfgaTws8bon regisleiffl w¢Y Wdks. Thè principal art(treGo IS Sliallo Slieei. Wdlsend NeWra5Ie-u.TYne. N128 7AL 1.1 Babi¥ ol praparatlon The firw(ia slalpnients hw• b8on Pi8parthl In adae ¢.hiiM'.y& uY>vemry dOrAn. Iht c1k41 Acl 2011, FRS 102 'T Rewrtty S".oard appIcae In Ihe LIK RepublL ol Irelan(r and the Chartw SORP -Accou1ibi dfid Reportry by cleS. Stalem11 ol Re¢A)mmended PraciK.g applile lo chatrtie5 pr??ariDg tfvyi awxinl-. hi accordance v¢rth VI F.n8Tv81 Rept)rf,ng %lJn¢L4Id applicab in Iho UK 4nd ReFxth ol Ireiar1 IFRS 1021" The Chanty Is a Put)Jic t5enefil Ents"Iy 3$ &fined by rRb 1U2. I'he Lh&iily has laken athwla9e Ihe prow8105 In IM SORP kn dntIeS not to PTepArt d stolfjrnenl ol Tho fiftrllY.Kal Slillthnei)Is have I{ted ITorn the Charil% IAtyourt5 tiiid Rep(rtsl Reghalions 2N)8 t> ily iu ltte extent reqund to provido ir Jiid laii vlew Thig dep8ilure has Inv(Ihfe¢ Iplluwing the Statemeiil of Recomm¢ndod itsr iiiai'tses aprtyng FRS 102 rblher Ihaii 11)e vefSM cl the Sthfvii+xil ( Rec(%nfflE4dEd Praclv which 15 Fel8ii¥d ¥1 Jiv Beguka14lS INJ1 51nc¢ l)eeri withurwwn The finanu stBtpmpnts arv In slerbw. the lurKttywl rJinwnEy the Charity k{etlry 'no(Ir,Is In Ili&sè finarcal starents are roundwj lo Ihu novbl £ "rhe fnartHI stamè havè beèn hJxtcal $t rm¥8rdKJn Th• pnrtlpal dCCOWJl"ng polir.ies adopl¥(I JLI vul beljw 1.2 Going co1 Al Ihe lime ol approving Ihe fvionrinl Jlhlem•#s the Truslee5 have a reason3t)1g (1xlatiOn lh the Charty I1doq14dlJ lo operatsona e¥islwLe the Iofeseeat4e futufft. Thus TILI&OS coptsIiLE to adopt the oJvKpin bo81$ ol accrAJrj In prewng the finaroial slal•iiL&nls. 1.3 Charstatslo funds Ui)IsltlLl funds are •a4atle fc¥ use al Oixi¢lKMi of lig TiustEes in furthErance of Ilie¥ ¢h4nlable obJedwe3. 4estricietl funds are 514t)(;I 10 spLYffc cw¢Jiin Oy do$ or ywtorG as to they may be useil. T ?Iirpo¥eg uses tsr the ièsthcled tuThls Je sel rote5 10 slalempnts tiIKI(wment funds ?• Io soeolt by dono¢$ that the rapitl must bo malnlned by tTh8 1.4 Incomg IIic(x[NP IS fecc9nw4 Ihe Charity Is Wv ethtrjtd io Il aiier iy perfttxfflar l)0 el, the arUrlS rrÉs5Ur ltIy. and it is wobth Ilwl It1Ve Cash dOnlDn5 we iecnunispd on reeyl. Ots dcat&S recy1 tsncp. Ilie Ch?ity hè5 teen nDDli(yJ of Ili# LKQèss irformance ccffidilions iy•rvJ delwal ot nj1)I I0MÈ lax fecovèrabk In f4%1g'on lo thnalions reV.Ved Ibnder f>lld u ¢ets ol Is recognlsod pi the time ol tbe doniL¥n LegacEs are recowsed on ¢ Ix rf the Charity ha5 ken nolifled c4 an tsnpendlng islTibvtion, tho amouni iy kiln. and re01 6 e)¥éded 11 I1* 1$ not knqwrl the ¢Y trgated as a coiiliii9eiit assei
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 OCTQ8ER 2025 Accountlng polkie$ IContlnvg(11 1 5 Exn(lItre EXpvJ1tUre ts rvwll¥ed L¥e Ibere Is a legaf CY censlruclive lo IrArI Konomi4 benpfrt to ttv.ld patry it 18 Ih1r l 8 trwsfei ol bfft5 wdl be rwiied in sÈtdéTriéni. and Ilie ¥ifOuiil ol Expendi1( by acliwly. Te costs of achvty #re Made nf thv. iot& eA C$1$ and shoied (x>s15, Indu(Sing costs iw(Aved utKJwtakwy adr¥ily. ljrè-t Costs ai[Trbuiab io a si)ul& Iivily are allctaieij ftXIIy Ir) Ihal acty. Shared co5 I>trNe In mDre th&n ojo dLwIy r1nd suppo)rl costs yrtTrich afe not alknbvlth to L¥ 5ivwJ acti•ity ¥e bewn ttiose a¢llyitsèS on 3 bas consimerl wilh ihe use ol r¢)C¢S ¢•traI staff x6ls 2fe aloc4rted on t4e basi5 DI lirne 5s>v41, lin ¢hwoes we BlrKated Ihe ol Ihe a5sel'5 tre 1.6 Tanglblo Ilx¢d o•xt TarvJible lixed asseis are riti#y measw&1 al i))Sl and ai co tsr v8kolKtn. not Lil (kwè£k)Ii(Jn any irrpairmeD kJsses_ Dtsprp.ryaIrn ry rtcognised so a$ 10 ¥mte tosi oi ValA3b. of wels loss r¥s#hA Na18 0¥4r the-f uselul lives on Ihe lo¥Ahn9 trases. Pkwii atKI eqsjirrnenl Moior J3% s¢r?r h• knft 25% s¥4hl hne Thv yin or pOSS $ry m the drsposal of an a55d is Oelemned as 11)e tliffweixe between Ilip sale proceeds anQ the [[¥11¥ walLP ollhe as9el. and Is lectrSed Ki the swem4 of fan(la1 auwiiies. 1.7 Impairrnènl of fixod atsBQt Al eacl) rekN)riing e1 dale, the Charity e•S ts ¢wryry arDaLmts al its Igrte assels to relvmi whthEr thr.ftl L 1ny ineirDlsJi th•1 IlK)$0 &ssols have SLrffergd an Impalmn. b88 11 any such fftduiion ex151S, trie recoverable &nounl of the assel is eSlIa..l 111 ur(kn Itj LleloirThne Ihe extent of the irroairTnpni kjss I Hnyl 1.8 Cash and c•h egu1¥81ent8 Lash cash equiVanIs indude c8sh irl hwd deposrts hgkj 81 Loill will) banks otr short-l llwid investments or1781 in8lurilip$ of thrtt• monlh& 01 105s. aTrJ bart 0draft$ Bank ovordraft5 ore 91iown wllhyi borr(ythngs n cwrenl liatxlites. 1,9 Retsent benefits Payment% tD defiwl ccrtlMJhon vvtironxnl I)efi1 5dvnp5 ate chsr9eLI a5 eXe as Ihoy due. 1.10 Leases afe £18ssifed as far leases wh¢revei Ihv leiriiy of Iidllsfer Subslantiaay all llsks 8nd rew¥<Js ol 0fft16Thip io Ihe lessws Al olh8r ed8ssrfied as oper3ting l&asès. Assets hèkl ffn8fjce Jèas rowsed 85 assets al the of asseis lar al t do10 ol LeOkY) ant1 Ibe Frosenl ¥alue ol ihe minmnum Èasp rraymon15 1 no ielti10d IiaDiliiy 13 Iiiduded Ire bakan she&t as 3 financè obi9alKFti LttAse p&ytnErtls are Ireated js umstsling ol drKI iiileitJ$i •l¥ioonis I'he mieresl is Char to nel WAJn*llexpen(ilvrel for I $0 &5 lo wothjce a conan¢ peri(wJic rnle of Inleresl M the ieriwfiln9 bakn ol Iwbaty.
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDF FOR THE YEAR ENDED 31 OCTOBER 2025 LritlGal accounbng estimates judwm•nt In Ihe of Ihe ChAr4ys ar£cw"ng kxA4o8$. TIUSt9 aro riyod k@ iudgemèrts, csliniillr3 wd EJssun)plicns about the G)rrying amnunl [ thai are nnl Apparent Irom swces The es1rn31es and as8181e{j a>sunwKmS ¥e bastd on hsluica èxpWee arx1 othér la¢i¢rts IhJi 310 ConSKTl lo be rel". Aclual res41ts way thifev liom Iikse bnwles. Tlio )l10t¢S and tmdedyiThJ assuryrt1s are reviewad 8n ongoing Mis RevsA)tis lo Jccounling estirnates are iecoun*A In tre py¥xS In the ¢slime ts t•W5 wlTère reviwon affect< (dy that peiir.é. ol Ine per cl Ihe -ewsioD a1 wl)ere re¥&on affect5 tb Luireiil and fuluie Ineome fvom donat4$ and legoclo• Unre5trirt811 Restricted Iwidg funds 2025 202S Yotsl UtriCted Réstri¢1oa Funds funds 2024 Totsi 2025 2024 2024 Donaiw)"l& al yin 56,912 70.184 37,976 37.97 45,4811 79,184 45.488 l)otiaiea gtsjds and ser%4c 138.(YJ6 136,095 45.488 91.714 Income from chairtabl• acl¢vltJes Unr&srrfeted Fiinds Unrestr5trTAd nds 2024 2025 Charitabk activities Ae.livilV /txl pTYJiH41irrI Past(Ye4 Cawe I0b 40.243 146.454 &8.502 4.740 11Yi.l?97 71.242
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 OCTO8ER 2025 In¢L¥e Irom her trading a¢tivrties Vwootr¢¢l•d UThrBt¢te lunLIs fLinda )25 2024 C•f¢ Lln@aigng Mer(andise income Rwm liire 25.336 26.lb 3.31S 2),870 S¥,5fj0 1,284 10,1è9 Otlr I[19 S3,613 Expendlture on r¥•sing fuvdB iINestriet&d Unrtrstrieted fLmds 2024 2025 FundiuLglW events COSIS Olher funthatsirwj o>8ts 11.644 s.e70 11.644 25.181 frJdlry Goat• Cafe cosis lofChand*e cthi$ )4.074 7,OJ4 11.7&0 21,IWJ 182L%J Total cos 32.752 4ti.390
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Expenditurt on charilable 4cti¥iti0s Chanlyble act5YitIès 2025 ChJril8tyle activi1• 2024 nirtsrt Siaff costs It5acDlng ¢wITlOrS Class Mat.11$ 37d eqw%nl Ad(lItKaI e¥enl COSIS hire Sundry eXpSe$ 193.584 62.985 I,J57 9.850 121.0&fj J6,018 20.004 4,6TT 2.U42 828 7,371 Bad debts 4.713 278,244 I.240 Sharo ¢1 tyupport ano governance coytslsee note 81 SupwJri tsov0ffjae 1CK$ 113 13.396 Y1.77 1383J 301.8r19 Analysis by fund Llnroslri¢LyLI IuTr Reslr.cled fiy)th 391.755 249,735 52,114 1,849
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Support costs 1014 lo artivrfi 2023 2024 57.347 1.4d2 1.352 3.Jf70 3.649 1.731 3. Jf75 9,251 1.914 1.0 5.2 S7.397 .848 3.149 893 11 7 5.485 616 4,733 2468 SIHff Irwnir)y TrOlI11n9 exppnse4 Credit r.aid cwges Repair5 a1 mainlsJnancÈ Mulor iunnlng o¥thues Insurance Subscript9 TYforommLinarS AthiD anrt olhr2 $ts Govèrnaixo 1 5.509 l).61J9 113,511 ICi.609 An•lysod betY4WOn.' ChaTr13ble livI1S 113.511 105. 2025 2024 Gov•rn•n¢o ¢OSts crynprts•: Legal and wofe$s)nal Iniefe$i cPrges Hirg purchas nftance iniETe¥t 3.P8g 1,379 1,03Q J887 331 48D 13.398 Net mmment rn lund¥ 2025 2024 The nel morrtrnl m fi¥Kls in stat1 aller ch¥1p?l¢fllirJ) F¥e5 patye lor Ihe independenl exanina¢p)n ol clwrtys f4noncya $la'omenl$ Oepfeciation ol tangible fi¥ed assol 3..312 57.347 3150 fo Tm¥lv Nori6J (>f Ihe Twstees (N arry $0$ with th) "ed any renMJi)efa or L*nefTts ItrJn I Chafily d¥riry yp4r 13-
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 OCTOBER 2025 11 Einployo•8 Tho ww8g8 nwyittrty thnber ofeiV)Ees during Ihe yar was 2025 umbor 2024 Numbur Employmeni costs 202S 2024 aiid skns Soctal srty Q)Iher pensth cx)sts 181.135 B741 116.192 3724 1719 193 584 121.835 rhore wre no ernoYees ¥those anoual remwatlth Was the .(1X1 Kemunerabon of Itey mana9wient p8rsonnel The Trerat of koy mwgwt personnel wa$ as kJk4YS" 2025 2024 Aollrogale 35.468 3D,G20 12 TAation The ChtY i• oxfjffjpl'f4yn lax911 on,ts bw'lies tc•Jse all #5 incryrg 1$ appthgd ft purposes. 14-
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 ocfo8ER 2025 13 Tan9ible fixed assets rotai v•hlcle& Cost At l Nry•erntw 2024 s(h).o 22.44G 528 240 Al 31 O¢lob8t 2Q25 5f)).OC•) 22.446 5Z8.740 Depr•¢l•tlon lthpalimettt Al l N[we 2024 Oeweck•lion tharge(I year crtm) 2.145 1.7S5 4812 5612 107,955 57..H47 Al 31 Ori0 2Q25 150.C4X) 4.078 11f24 165.322 Carrying IIIIIQLint Ai 31 Otel 202S 3.( 1.71 11.222 362.938 31 Octthr 21Y24 J.451 18.834 42Q,285 14 Oebtor$ 2025 2024 Amounts lalling due wTthin orn ygar.. Trade dpblnr% utlier tJebiors Prcpaymonts oceftjcd Irt¢ 14,709 20,900 34,709 15 Croditor•'. ¥mounts fa¥ng wthin year ZJZ5 2024 Moth OblNJalrons untt8r rw1 leases OllIHr 8ULkl s3wIy Tra creditors Olhor ert)dilor5 AcuLoLs and eelWd IT 2,145 3.4 793 4,0 3.393 37,424 26,05Q 16 Crodltof¥". 4mounts falling dye after more than one y¢•r 2026 2024 C*trJabons w)tter fill 17 4,732 6.87T 13-
TRUE COLOURS THEATRE NOTES TO THE FINANCIAL STATEMENTS <CONTINUEDI FOR THE YEAR ENDED 31 OCT08ER 2025 17 FliiarK0 loa70 obllgtttiona Fuluie ITiiiimum paYmentsd leases. 2025 2024 Within 0[ year tlilTr Iwo nve years 2,145 4,7:12 188. 6.877 877 6,762 18 Unresrrlded lunds rhè fwids ¢f the r.har.ty t)0. iinexbJXj b4thiK6's ol dOatn5 W¥t grBnts whith we riirt 10 5pocJfK co111& tsy donors and grantrAs as to lfiey may ba Tl)ttsv ItidiJ44 designaled funds na¥p. Iell set as4p. ol LwesliKl¥d luiids by Ilie Irus18ey for gpe(xfic purposes Ineimliffj Resources Al 31 October r•Bou •xp8nded 2025 Nrwomb•r 2024 Qneral fwds 419559 J76,¢Jf 1424.5071 371555 Provlou* ytfjr.. At1 Incomin resource8 Rosoiirces At 31 OctoLwJr oxpgnded 2024 No¥•inber IQ23 (iener41 luThts 934,313 208.371 1293. 1211 419.55 19 Relatgd pawty transactions I'here We Ifcl year (2024. norel