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 .Appo*Mod 11 Narch 20251 Patrons K thMe8 Charfty number 11921 PrncLPAI •ddre*& TrtE CdrMJ¥ TWt )gft0 Sl'eet V*allsetKJ 2B 7AL Indoynd•nt ¥xainl Rob￿ L•therAwunwis L¥nrtEd Fe¢nwwrt Houso Roa jesm￿￿ NP*￿511e Iwfb fy Tyre kngiand NE2 ITJ 8onknrn NalKxW lA*trI￿￿ter 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 ￿&S￿rit anr￿￿1 le￿￿ ￿ fiTranc￿ STalew*s fry Ihe year •nd8d J1 OrA(*w 2tr2& rinMiiL)81 siaemarits have been accrydwce P(ac*s sel wl In note to Ihe rinancval slaternenls CO￿ wrth Itm) chJnls s WLiirMng dooJn*nt. the Ch8ril'es Acl 2011 and Accotsiillng ￿[7 RetN)rtin Jt by C.1￿￿1e$ 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'18ffIKt￿e 1 January 20191 ObjÈetl¥ea and att5vlllt)• I11L￿ 4"haillVs obpcbvèy io ￿1￿1¥* pwformry Ll*a6•É f(Y thILtren ¥KI yotry adurts. Twa Cobjrs f￿atre ¥KKJs"e￿ perfmity grts dasses low thikjrei) yiKI yuutw *Jults. ￿ cf cw rnemt I￿ve additsefial needs ol%ablities. Ir¢nI.￿ I￿a￿lI. wyllor pan of Ihe LGTBQ4 cc*mi'Mrty Our cla55fr9 pl&ice I l¥orth lynft81e.p weaeTrl arNJ (lays i e¥eniry IhroughoJt the week ￿ ha¥0 8 (Jwtent rntynber5￿p cl 350+ a',so o.'lei ali allernabve FX(Y&i5rm lo IBens .ind youny ddut¥ 4YV) *te U￿able to ￿CesS SCI￿1 oicollpp Tliis i& gven through poslo-.J care. NÈ offer OJIre￿h p.'wr8fMTrU Ity imrnv Ng8n¢￿Il)Tr5 tha*, K) roll*,¥alth on mnny prcloct8. Lie*e a sale sp3ce. è plzce of W.•ptai￿. eWury￿ (xn wow n (x>iMwe wthTrit any S￿Orn8. gemertl (x diffÈrO￿O 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 prov￿Ort, 1715 will locus nti pe(trmikJ arts. Ife sklms, MaKalon leacw aThl sensory ￿￿16*Y1$ TThi¥ 1£ g￿er triough pasiDral Lare. We 1n1r0d￿ed Twe 8rL￿- conimLK3 for l**Jirdv4e cafè ollevffJ w￿￿ exFenenGe. trawyng lar èd..ft$ 18+ ￿￿th ￿d￿l￿al needs. ￿ coiibnuè I￿1h ￿Jf F4a7S ID té aiS•_ 10 ollef rowI)isad qu&lificai￿Il￿ 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)c*wthng the 'FiaAir. heTh2fil' runni￿ a IPB21' and are confid￿1 that this ￿ l*iThJ ¥h￿l&￿ 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 pe￿e kn acte5s performry arfs eekty basLs 37d i fiirthwr BOO+ Ihrough pwtnerslNp wrth olhei oruanisakn'(his hAvk had 8 sieajy n*n*wshqJ $￿e last ygar and I￿ve C￿n￿n￿e￿ 10 5UPPOrt la1Th1￿4 thivv9h d￿ler￿je5, ￿llet￿s, 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 co￿UrS Tneatre has a base '.hwks 10 BBC'I niy 8n% whn lo tite res￿¢ cjJffl￿etert reinv#llon on uur bui&thtVJ SD True Ct>ITr51¥ fii¥¢Jlie iwkl h*e II*iT bJl(&ng lo host dasses. 11115 d(K)rs i b".and new proiecis. 0pwn￿nrt￿s 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￿.r*S$1￿Ily perf0m￿) lo a s￿1￿ al tre Bay fI￿t￿lSe i) Juty 2026, Jsl19 b8ck-lo-bdtk perforrnan*s 'See the Abilty" Miid 'H¥iJt)y IvL•i Aft¢1 putlirwj w another ixil¥laiirJiii(J shw lor he Ixrrwniinity Men11￿rG I'Jy¢b ¥so been Iny ted lo al many dffi￿nI evonislveiiues thrcMJghoiJt the ￿ar. wliidi beèn a piugxx SUtC&5s a*7d a th￿nin￿￿1 lot 'llB have I￿rt￿r pknb r 2027 1? twforrn at Ihis venLlV aiKI u11￿1 ¥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$ar T)yky lopro501￿th1 Tfoe ai Ihe NrythoriS1 C.harnbp.r ol Comm?rre ¥gr.pivpd a I l¥l)ty Coi)il￿e17ded award k)r 'lnsr4nng WomAn" (of he., [￿¥0bL￿n ¥yJ frue idoui 5 arKI al its Ti ¢mlRr$ Ali$e1r olsD ¢wl to wlh tho Pi¥iie kl.nister Sir thr Siwmer ¢1) a qile5:.rffi-art-answor m29th.ng aroiiii(I SLNL, and LJULAI ION alcKw Wlh othe¢ ch8rthe5. an¢J ioleyes also r&céiY&d an 8ward *om The 8enef*¢ GfQUP lor'O(rtsL?r*kni Chwty" ClIFJr.ly i)arln*r5hps ¢l¢J￿¥ed Ihs year Fc* a SWA)rKI year Inlemalknitsi AIFFXYI The Grand HfAo.1 Goslrth Park. FIna￿la￿ review Durip.g the 202¥25 ffinwoal >Yar the r*4r*i r47.9LII al ol w1￿h was unreslncled Al Irutr C4)low¥ the chatrty had lléi ass*t$ 01 £371.W all of werè Ln(èStr￿Ied The wJrp05e ol Ihss Reserves P¢￿'CY frx-riie -doLirs Thealre i& Io beuxe tne St￿liY of the proqram1r￿s 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 ￿￿j￿geted 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 5￿CeSS￿l o¥ef ts pasl 12 1Tr)11ths and oener*6d irr.r&as8d fioin fLfftdrasing and its cnr8 oftke wow4W)n ol porfryffliry art¥ cl353es Structu￿, Y￿er￿anCE and manaoemènt The charity 15 mntrDllpd by il% govwriiryJ Joa#nenled. a deed ot tnjsl ark1 c(xtsh"ILlos a Chwrt*Aè IncNwraléd 019￿￿1*￿3￿. The I￿¥1￿￿& who 8*vad (knri￿ yèal ard up to ihe dèle ol sKdnatUFe fin•rK*81 stalemenls were. P c￿kn8 N VlJtren A B ￿ike[lI K ElhoTI M C. FlenFrxth OY F Hassaryeh Re5v￿d 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 IIuJ*iees are w(Milt￿j £¥ re3DFK)Inlp..1 -1m￿llY 01 I1￿1v￿j Wa ost al ntsmiroie¢ Iiuslb88 10 bjl bmrt aD risr-blcdbon .c*rn [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 Organigatio￿l OIn￿tU I"￿￿ c f,.41ily ib yoveiiie4J by a 8oariJ af T¥usiees The Boafd nigets a5 IS F*quii¥d, lo de8, ￿1￿ ans, spo-th,- l%%ues rilal￿g lo lh¢ rJr￿rfj & Iho th11 rttrl Ihe I ￿l$t￿￿.3, ￿￿Jrt apwo¥ed by Ihe ￿￿￿(1 ol In6tees T1￿10* 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$10 of rvport A5 I IUilèÈS of IhÉ CharFty you èle r&5[￿rtiblts br I￿,t prerArnik7n of ￿ finanorl slai¢me*s m acrorda￿ wdh tlitr rC.qurer￿n18 ol IFMJ Chwi1￿ Act 2011 I report Vt fQ5p¢¢I ol my examMat*)n ot Ihe Chanws caff*d (M￿ under ￿tsOn 145 of I ChdriUÈs Aci 2011. lil :'afryili(J OLII examin*w I have k4k)we# thft OlrKll¢xiJ 91¥￿ try the Charit¥ ComFr*sgkn iindfyr secDan 144ISiiuI ol Me Cham￿SAC1 201. Irldoyendent examir*rfs stateinenl I liave (:oniplelprt lil¥ ipX:.)Ii%iiat￿￿ I ￿fir￿ tbal ￿ Malle￿ io my att*tion In coThwctK*) ￿ttt il OMiiniinalk,n givinB mè ￿se lo be&ewe Ihal vi atiy Inat4n#l re¥* arKaurtting rp(:￿(J$ wore n¢A kept ln resw Df the Chafily JV• Fewjiad ty sectioii 130 or the fharil*S Aci 2011. thè liiiaiioal stalemerAs do iol HLctxLI with IIKJSE reco'.d$. th8 fTDe1TILI(Il sl fofm 3rwJ £onienl ol finanoal slaitsmefiis se.i OLII *i 11)e Chutt*s IAccoun15 atHJ QvtK¥f*l F*£gu￿b0￿5 20tk4 olhpr Ihnn i￿￿111T￿lrer￿ Ihilt i)e 11igrrfJal stalen￿1$ •"ve a lat whKh ￿ Th)1 a maiiw COllknKlered as part of an iiyjvptridenl el￿11￿￿1￿}n I have no concerTh* ArHI lTra¥e r(*ne acrc6s no i)ther mallw5 in IIE '.0 whicli att￿ hoiild bo 0[￿n Ir this rewrt m yrdgl lo Qntsb￿ o pro￿r utKkysiaixhag ￿the fiiiaiKial udle1￿nIS 10 be re8ch*l Nir.hola* Ciinoingham IFCCA) Roty6Q¥b Laidler AGGouDtants Lknlled rerrywood Hws* rt>rnwood R98d Jesrrvjnd NoW¢as1￿ LWI Ty Tyrip and Vjptir NLIIIJ TRUE COLOURS THEATRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2025 Ctstrent financ￿1 yoar Unr•strlcttd fvndty 202S Total 2024 Note$ IncomE from.. Otsny¢itKi> &W.d le9aL*s Chwl*e ¥Llivrtro¥ Qlhw Ir*hrig ath¥l*S 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¢ni*ty 424,507 e¥pond¢uffj and mo¥emeni in lunLts I47￿j11 191.3801 R￿L￿G￿li4￿¥11 01 funds: F￿1 bal￿5 Al 1 Nt)¥*n￿l 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 ffr￿1 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$trictod ltsnds 2024 Yo￿1 2024 2024 Not•5 Ineome from= 46.226 71.242 ).￿j 45.488 91,714 71,24 go.g)3 Cli8ni¥kAe a¢tr.111￿$ other Iradltt9 Total lrtcome 20B.371 45.4fl8 253,859 ExpendltLr8 on.. RalÈiiiy lurids- Chwit•blf* ac11￿11￿$ d3.3ty) 249.715 43.390 X11,84D $2,114 Tottl •M￿ndItUre 293.125 52.114 345,239 Net incomo and mo¥•mont In fvnds 184 T541 (6.6261 191,M Fund b*neès ai l No¥Ember 202? M.313 8.626 510.939 Ftsnd balances at 31 O¢tob8r 2024 419,S59 41q559 TRUE COLOURS THEATRE BALANCE SHEET AS Af 31 ocfo8ER 2025 2025 2024 Ngt•• Fl¥ed 4s$el• 13 a62￿30 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 a￿da￿e ¢.hiiM'.y& uY>vemry dOrAn￿￿. Iht c1k4￿1￿* Acl 2011, FRS 102 'T￿ Rewrtty S".*oard appIca￿e In Ihe LIK RepublL ol Irelan(r and the Chartw SORP -Accou1ibi￿ dfid Reportry by c￿￿leS. Stalem￿11 ol Re¢A)mmended PraciK.g appli￿￿le 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 Ireiar￿1 IFRS 1021" The Chanty Is a Put)Jic t5enefil Ents"Iy 3$ &fined by rRb 1U2. I'he Lh&iily has laken athwla9e ￿ Ihe prow810￿5 In IM SORP kn d￿ntIeS 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 Beguka1￿4lS INJ1 51nc¢ l)eeri withurwwn The finanu￿ stBtpmpnts arv In slerbw. the lurKttywl rJinwnEy ￿ the Charity k{￿et￿lry 'no(Ir,Is In Ili&sè finarc*al stare￿￿nts are roundwj lo Ihu no*vbl £ "rhe fnartHI sta￿mè￿￿ havè beèn h*Jxtcal ￿$t rm¥8rdKJn Th• pnrtlpal dCCOWJl"ng polir.ies adopl¥(I JLI vul beljw 1.2 Going co￿￿1 Al Ihe lime ol approving Ihe fvionrinl Jlhlem•#s the Truslee5 have a reason3t)1g (1x￿latiOn lh￿ the Charty I1doq14dlJ lo operatsona e¥islwLe the Iofeseeat4e futufft. Thus TIL*I&OS coptsIiLE to adopt the oJvKpin bo81$ ol accrAJ￿r￿j In prewng the finaroial slal•iiL&nls. 1.3 Charstatslo funds Ui)I*sltlLl￿ funds are •a4atle fc¥ use al Oixi¢lKMi of lig TiustEes in furthErance of Ilie¥ ¢h4nlable obJedwe3. 4estricietl funds are 51*4t)(;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 malnl*ned by tTh8 1.4 Incomg IIic(x[NP IS fecc9nw4 Ihe Charity Is Wv ethtrjtd io Il aiier *iy perfttxfflar￿ l)0 el, the ar￿Ur￿lS rrÉs5Ur￿ ￿l￿tIy. and it is wobth Ilwl It￿1Ve￿ Cash dOn￿lDn5 we iecnunispd on ree*yl. Ots dc￿at￿￿&S ￿ recy1￿￿ tsncp. Ilie Ch?ity hè5 teen nDDli(yJ of Ili# LKQèss i*rformance ccffidilions iy•rvJ delwal ot ￿n￿j1)I I￿0MÈ lax fecovèrabk In f4%1g*'on lo thnalions reV.￿Ved Ibnder f>ll￿d u ¢*ets ol Is recognlsod pi the time ol tbe don*iL¥n LegacEs are recowsed on ￿¢￿￿￿ Ix rf the Charity ha5 ken nolifled c4 an tsnpendlng i*slTibvtion, tho amouni iy kil￿n. and re￿01 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 Ex￿n(lIt￿re EXp￿vJ1tUre 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 b￿*fft5 wdl be rwiied in sÈtdéTriéni. and Ilie ¥ifOuiil ol Expendi1￿(* by acliwly. T*e 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 f*tXIIy Ir) Ihal ac￿ty. Shared co￿5 I>￿tr￿N￿e In mDre th&n ojo dL*wIy 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.ryaI￿rn ry rtcognised so a$ 10 ¥mte tosi oi ValA3b.￿ of wels loss r¥s#hA Na1￿8 0¥4r the-f uselul lives on Ihe lo¥Ah￿n9 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 lectr￿Sed Ki the swem4* of f￿an(la1 auwiiies. 1.7 Impairrnènl of fixod atsBQt Al eacl) rekN)riing e￿1 dale, the Charity ￿￿e￿•S ts ¢wryry arDaLmts al its I￿grt￿e assels to r*elvmi wh￿thEr thr.ftl L* 1ny ineirDlsJi th•1 IlK)$0 &ssols have SLrffergd an Impalm￿n. b88 11 any such fftduiion ex151S, trie recoverable &nounl of the assel is eS￿lIa..￿l 111 ur(kn Itj LleloirThne Ihe extent of the irroairTnpni kjss I￿ Hnyl 1.8 Cash and c•*h egu1¥81ent8 Lash cash equiVa￿nIs indude c8sh irl hwd deposrts hgkj 81 Loill will) banks ot￿r short-l￿￿ llwid investments or￿1781 in8lurilip$ of thrtt• monlh& 01 105s. aTrJ bart 0￿draft$ Bank ovordraft5 ore 91iown wllhyi borr(ythngs n cwrenl liatxlites. 1,9 Rets￿*￿ent benefits Payment% tD defiwl ccrtlMJhon vvtironxnl I)￿efi1 5dvnp5 ate chsr9eLI a5 ￿ eX￿￿e as Ihoy due. 1.10 Leases afe £18ssifed as f￿ar￿ leases wh¢revei Ihv leiriiy of Iidllsfer Subslantiaay all llsks 8nd rew¥sunwKmS ¥e bastd on hsluica èxpWe￿e arx1 othér la¢i¢rts IhJi 310 ConSK*T￿l lo be rel￿￿". Aclual res41ts way thifev liom Iikse *bnwles. Tlio ￿)￿l￿10t¢S and tmdedyiThJ assuryrt1￿s are reviewad 8n ongoing Mis RevsA)tis lo Jccounling estirnates are iecoun**A In tre py¥xS In the ¢slim*e ts t•W5￿ wlTère reviwon affect< (dy that peiir.é. ol ￿ Ine per￿￿ cl Ihe -ewsioD a￿1 wl)ere re¥&on affect5 t￿b Luireiil and fuluie Ineome fvom donat4￿$ and legoclo• Unre5trirt811 Restricted Iwidg funds 2025 202S Yotsl U￿￿triCted 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 pTYJiH41irr￿I Past(Ye4 Cawe I￿0b 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 UThr*Bt￿¢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 Otl*r I[￿1￿9 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 ¢wIT￿lOrS Class Mat￿.11$ 37d eqw%nl Ad(lItK￿aI e¥enl COSIS hire Sundry eXp￿Se$ 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 tsov0ffja￿e 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 ￿10￿14￿ 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 TrO￿lI11n9 exppnse4 Credit r.aid cwges Repair5 a￿1 mainlsJnancÈ Mulor iunnlng o¥thues Insurance Subscript￿9 TY*forommLin￿ar￿S Ath￿iD anrt olhr2 ￿$ts Govèrnaixo ￿￿1 5.509 l).61J9 113,511 IC*i.609 An•lysod betY4WOn.' ChaTr13ble ￿livI1*S 113.511 105. 2025 2024 Gov•rn•n¢o ¢OSts crynprts•: Legal and wofe$s*)nal Iniefe$i cP*rges 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 stat￿1 aller ch¥1p?￿l¢f￿llir￿J) F¥e5 p￿atye 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 y*ar was 2025 umbor 2024 Numbur Employmeni costs 202S 2024 aiid skn*s Soctal s*￿rty Q)Iher pensth cx)sts 181.135 B741 116.192 3724 1719 193 584 121.835 rhore wre no ern￿oYees ¥those anoual remwatlth Was the￿ ￿￿.(1X1 Kemunerabon of Itey mana9wient p8rsonnel The ￿Tr￿erat￿ of koy mwgwt personnel wa$ as kJk4YS" 2025 2024 Aollrogale 35.468 3D,G20 12 T*Aation The Ch￿tY i• oxfjffjpl'f4yn lax911￿ on,ts *bw'lies t*c•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 s*3wI*y Tra* creditors Olhor ert)dilor5 AcuLoLs and eelW￿d 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