Ponteland Repertory Society CIO Report and Accounts For thè Year Ending 31 March 2025 ReEistered Charity Number- 1192984
Ponteland Repertory Soclety CIO Financial Statement5 for the Year Ending 31 March 2025 Contents Page Legal & Administration Information Report of the Trustees Income & Expenditure Balance Sheet Notes - Basis of Prepartion & Policies 10 - 13 Note5 - Analysis Registered Charity Number: 1192984
Ponteland Repertory Society CIO FlnancSal Statements for the Year Endlng 31 March 2025 Legal and Admlnlstratlve Informatlon Registered Charity Number-. 1192978 Trusiees: Jason Robert Lon8 Philip Ashley Browell (resigned 9th April 20251 Secretary: Hayley Grant Principal address.. 105 Edge Hill Ponteland NE20 9JQ Page 3
Ponteland Repertory Society CIO Finan¢lal Statements for the Year Ending 31 March Z025 Report of the Trustees The trustees present their report together with the accounts of the charity for Ehe period ended 31 March 2025. The accounts have been prepared in accordance with the accountin8 policies set out on pages 8 and 9 and comply with applicable law. Constitution and Objects The objectives of the CIO remain to advance publit eduiation, appreciation and understanding of the the arts of theatre, drama. music, performing arts and related activitie5 for the public benefit in Northumberland. Durham and Tyne and Wear Trustees The trustees who served during the year were as follows- jason Robert Long Philip Ashley Browell (resigned 9 April 20251 Organisation The charity is administered by its trustees. Public Benefit The trustees are satisfied that in accordance with the Charities Commission Euidelines they meet the public benefit requiremenl5. Review of the Activities and Achievements The year to 31 March 2025 saw the society siage a reduced roster starting with a choir performance 'Lights. Camera. Broadway, in June 2024, featuring song5 from the musicals and. performed as in prior years, at St Mary's Church in Ponteland. Having restructured the costs for the choir performances, the return on the event was a modest £225. The final event of the year was the annual musical production which was Meredith Wilson'5 'MiracSe on 34th Street. in November 2024. This turned out to be a challenging mus1cal featuring a complex score as well as an unusually high level of production team illness - netessitatsng the last minute recruitment of a Kris Kringlel Despite these challenges. the production was successfulfy staged although the changes and costs of manaÉing the musical side of the production resulted in aloss of £2,135 which fnade up most of the loss for the financial year. Page 4
Ponteland Repertory Society CIO Financial Statements for the Year Ending 31 March 2025 Report of the Trustees - continued Financlal Revlew The tharity is reporting a small profit of £2,478, the (letails of which are explained in the general summary above. The Trustees are satisfied with thi5 performance. Reserves The society holds sufficient unrestricted reserves to continue its charitable activities should the income and fund raising activities fall short. Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees: Signatures Full names Position Date Page 5
Ponteland Repertory Sotiety cio Flnanclal statements for the Year Ending 31 March 2025 Statement of Financial Activitie5 Notes 2025 2024 Incoming Resources Incoming Resources from Generated Fund5 Voluntary income 1,097 632 Investment income 122 63 Incoming resources from Charitable Activities 4.400 14,217 Other incoming resource5 85 1,193 Total Incomlng Resources 5.704 16,104 Resources expended C0515 of generating funds Cost5 Of 8ener3ting Volurbtary incom. 1,133 1,574 Charitable activities 6,991 12,540 Other iesources expended Donations Miscellaneous 58 281 Depreciation of assets for charity's own use Total Resources Expended 8.182 14.396 Net Incomhng I Ioutgoingl Resources 12,4781 1,708 Net movement in General fund Funds balances broughi in at l April 2023 12,4781 13.739 1,708 17,672 Funds balances as at 31 March 2024 11.261 19,380 Page 6
Ponteland Repertory Society CIO Financial Statements for the Year Endin8 31 March 2025 Statement of Financial ActlvSties Balance Sheet Notes 2025 2024 Fixed Asset5 Current A55et5 Cash at bank and in hand Debtor5 10.774 487 13.621 553 11,261 14,174 Current Liabilities Sundry creditors and Acruals 435 Net Current A55ets 11.261 13,739 Net Assets 11.261 13,739 Represented bv.. Unrestricted Funds 11,261 13,739 The notes on page5 8 and 9 form part of the financial statements. The financial statements were approved by the tru51ee5 on and signed on their behalf by: Chairman Jason Long Page 7
Ponteland Repertory Society CIO Financial Statements for the Year Ending 31 March 2025 Notes to the accounts 1. Basis of re aration 1.1 Basis of Accounting These financial statement5 are prepared in accordance with applicable UK Accounting and Reporting by Charities.. Siatement of Recommended Practice applicable in the UK and Republic of Ireland IFRS 1021, and with the statement ol Recomrnended Practice Icharities SORP FRS 1021 "Accounting and Reporting by Charities and the Charities Act 2011. The financial statements have been prepared on the historical cost basis. Advantage has been taked of the provisions in the SORP for Charities applying FRS 102 Update Bulletin I not to prepare a siatement of cashflows. 2. Accountin Policies 2.1 Incomlng Resources Recognition ol Incoming resources.. These are included in the Statement of Financial Activilies1SoFAI when- the charity becomes enlitled to the resources.. the trustees are virtually certain they will receive the resources- and the rnonetary value can be measLtred with sufficient reliabiltty. Incomlng resources with related empenditure: Where incoming resources have related expenditure las with fundraising or performance income) the incoming resources and ielated expenditure are reported gross in the SOFA. Grants and Donations: Grant5 and donations are only included in the SOFA when the charity ha5 met the conditions of FRS 102 to do so. Page 8
Ponteland Repertory Society CIO Financial Statements for the Year Ending 31 March 2025 Notes to the accounts Icontinuedl 2. Accountln Pollcles continued 2.1 Incomlng resources Icontinuedl Tax reclaims Dn donations and gifts". Incoming resource5 from tax reclaims are included in the SOFA when received. Volunteer help.. The value of any volunteer help received is ntsi included in the 3CCOUlIts. 1nvestment income-. Thi5 is included in the accounts when receivable. 2.2 Expenditure and Lrabilitie5 Liability recognition.. LiBbilities are recognised as 500n as there is a legal or Constructive obligation ommitting the chaiily to pay oul the resoLtrces. 2.3 Assets Tangible fixed assets are for use by charity. These are capitalised il they can be used for more than one year and cost at least £l.000. Depreciatiorn is provided on tangible fixed assets held for use by the charity at rates calculated to write off the cost, less estimated residual value of each asset evenly over its expected useful life. Equipment is depreciated on a straight line basis over a 5 year term. 2.4 Reserves The group holds sufficient resource5 to continue the charitable activities should income and fundraising activities fall short. Page 9
Ponteland Repertory Soclety CIO Financial Statements for the Year Endlng 31 March 2025 Notes to the accounts (continued} 3. Analysis of Incoming Resources 2025 2024 Voluntary income Membership subscriptions 1,097 632 1.097 632 Investment income Dep05il Account interest 122 63 Incoming resources Ifom charitable activities Performances Fundraising 4,4(X) 14,216 4.400 14.216 Other 85 1.193 4,485 15,409 Other incomin8 resources Donation5 Total Incoming Resources 5.704 16,104 Page 10
Ponteland Repertory Society CIO Flnancial Statements for the Year Ending 31 March 2025 Note5 to the accounts Icontlnuedl 4. Analysis of Resources Expended 2025 2024 Costs of generating voluntary funds Insurance 919 922 919 922 Administration expenses 214 653 1,575 1.133 Charitable activities Performances Youth Theatre subscriptions Other Grants given in line with our Objectives Fundraising 6.991 12,540 6.991 12.540 Other resovrce5 expended Donations Miscellaneous 58 58 281 281 epreciation Total resources expended 8,182 14.396 Pa8e 11
Ponteland Repertory Society CIO Financial Statements for the Year Endlng 31 March 2025 Notes to the accounts Icontlnuedl 5. Tanglble Fixed Assets Equipment Cost As at l April 2024 Additions Disposa15 A5 at 31 March 2025 5.068 5,068 Accumulated Depreciation As at l April 2024 Char8e foi the year Disposals A5 at 31 March 2025 5,068 5.068 Net Book V31ue As at l April 2024 As at 31 March 2025 2025 2024 6. Cash at bank and in hand CvrTent account Deposit account Cash account 409 10,197 168 10.774 302 13.029 290 13.621 7. Current Assets 2025 2024 Sundry Debtors and Prepayments 487 553 553 7. Current Liabilities 2025 2024 Sundry creditors and deferred income Accruals 400 35 435 Page 12
Ponteland Repertory Society cio Financial Statement5 lor the Year Ending 31 March 2025 Notes to the accounts l¢ontinuedl 8. Reserves The group holds sufficient resources to continue the charitable activities should income and fundraising activities fall short. Page 13