## **Trustees’ Annual Report for the period**
**From 1 January 2024 To 31 December 2024**
## **Charity name: Spa Pavilion Theatre Foundation**
## **Charity registration number: 1192609**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To ensure the advancement of performing
arts for all members of the public in
Felixstowe and further afield, and
especially those who may not otherwise be
able to access the arts. To do this through
the preservation, promotion and production
of live theatrical and musical entertainment
at the Spa Pavilion Theatre and in the
community or other venues.|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|The preservation of the Spa Pavilion
Theatre building, the production and
promotion of theatrical and musical
entertainment|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have followed all guidance.|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|The charity has been granted a tenancy of
the theatre building and operates to provide
financially sustainable entertainment and
theatre for the benefit of the local and wider
community, including residents and those
wishing to perform or otherwise engage in
the arts.
2024 was a very challenging year, with
overheads being influenced by external
factors and audiences becoming
increasingly cost conscious.|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity is in the fortunate position of
having a very supportive landlord and in the
early years of operation a break even
position has been ensured. This requires
the landlord to absorb some losses.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Unrestricted Reserves are targeted at 10%
of turnover. The creation of a restricted
fund, for financial resilience, of 5% of
turnover, is also targeted.|
|Amount of reserves held|Para 1.22|£0|
|Reasons for holding zero
reserves|Para 1.22|The economy is far too challenging for us
to run at a profit currently.|
|Details of fund materially in
deficit|Para 1.24|None|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The next budget|
## **Structure, Governance and Management**
|Description of charity’s
trusts:||CIO|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Every trustee must be appointed for a term of
three years by a resolution passed at a properly
convened meeting of the charity trustees.
In selecting individuals for appointment as
charity trustees, the charity trustees must have
regard to the skills, knowledge and experience
needed for the effective administration of the
CIO and will conduct and open and inclusive
searchprocess.|
## **Reference and Administrative details**
|Charity name|Spa Pavilion Theatre Foundation|
|---|---|
|Other name the charity uses||
|Registered charity number|1192609|
|Charity’s principal address|Spa Pavilion Theatre
Undercliff Road West
Felixstowe
Suffolk
IP11 2DX|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||GaryWright|Chair|||
||Sophie Kennelly|Box Office Manager|||
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## – Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
|**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|||
|---|---|---|
||Gary Wright||
||
Chair||
||21.10.2025||
||21.10.2025||
**Company Registration No. 1192609 (England and Wales)**
**SPA PAVILION FOUNDATION UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
**SPA PAVILION FOUNDATION UNAUDITED ACCOUNTS CONTENTS**
||**Page**|
|---|---|
|Company information|3|
|Statement of financial position|4|
|Notes to the accounts|5|
- 2 -
**SPA PAVILION FOUNDATION COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Director**
**Company Number**
**Registered Office**
## **Accountants**
Gary Wright 1192609 (England and Wales)
Spa Pavilion Theatre Undercliff Road West Felixstowe Suffolk IP11 2DX United Kingdom Square Mile Strategy
- 3 -
## **SPA PAVILION FOUNDATION STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024**
|**Notes**
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due within one year**
5
**Net current assets**
**Net assets**
**Shareholders' funds**|**2024**
**£**
15,131
36,584
51,715
(51,715)
-
-
-|**2023**
**£**
11,066
41,504|
|---|---|---|
|||52,570
(52,570)|
|||-|
|||-|
||||
|||-|
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on and were signed on its behalf by
Gary Wright Director
Company Registration No. 1192609
- 4 -
**SPA PAVILION FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1 Statutory information**
Spa Pavilion Foundation is a private company, limited by shares, registered in England and Wales, registration number 1192609. The registered office is Spa Pavilion Theatre, Undercliff Road West, Felixstowe, Suffolk, IP11 2DX, United Kingdom.
## **2 Compliance with accounting standards**
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A as relating to the SORP for CIOs. There were no material departures from that standard.
## **3 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## _**Presentation currency**_
The accounts are presented in £ sterling.
## **4 Debtors**
||||
|---|---|---|
|**4**
**Debtors**
**Amounts falling due within one year**
Other debtors
**Amounts falling due after more than one year**
Trade debtors
**5**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors|**2024**
**£**
9,800
5,331
**2024**
**£**
51,715
-
51,715|**2023**
**£**
-|
|||11,066|
|||**2023**
**£**
43,697
8,873|
|||52,570|
## **6 Average number of employees**
During the year the average number of employees was 0 (2023: 0).
- 5 -
## **SPA PAVILION THEATRE FOUNDATION**
Independent Examiners’ Report to the Trustees of Spa Pavilion Theatre Foundation for the Year Ended 31 December 2024
## Remit
We are retained to carry out an Independent Examination of the Books and Records of the Foundation and to produce these accounts from those records. We are qualified by experience and formal accountancy qualification to carry out this work. We have been guided in this by Charity Commission Guidance Note for Examiners CC32 and the relevant legislation including the Charities (Accounts & Reports) Regulations 2008 and the Charities Act 2011 (Accounts & Audit) Order 2015.
## Background and Scope
The Spa Pavilion Foundation is responsible for accurate record and book-keeping, we have not carried out an Audit and these accounts are solely based upon the records as maintained by the Foundation..
## Opinion
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of the Institute of Chartered Accountants of England & Wales, which is one of thelisted bodies.
I have completed my examination. In my opinion, these accounts represent a true and fair record of the Charity trading and financial position for the year. We saw nothing of concern in any of the records and have nothing to report to the Charity Commission under our duty to disclose. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have 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 accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Signed:
Name: Jeremy Swann FCA
Address: Square Mile Strategy Suite 23, 5th Floor 63-66 Hatton Garden London EC1N 8LE
Date: 4 September 2025