REGISTERED CHARITY NIIMBER., IJ93774
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCJAL STATEMENTS
FOR
I¥UNEATON ARTS CIO
Arm5tron8S
Charter¢d Acwuntanis ond Tax Advisors
Gethin House
36 Bond Street
Nuneaton
Warwickshire
CVI14DA

I¥UNEATOIY ARTS CIO
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 3] MAY 2025
P8ge
Report of the Tn)stee$
I to 3
St#temtDt of Trustees, Responsibilities
Independent Examkner's Rep)rt
Statement of Finanti*l Activiti
BglRDce Sheet
Notes to tbt Vin*neial StatemeDts
8 to 14
Detail¢d ￿lle￿¢llt of Finallclal A¢¢lvhles
15 to 16

NUNEATON ARTS CIO
REPORT OF THE TRUSTEES
FOR THE YEAR EJ¥DED 31 MAY 2025
Th¢ trwstees present their report with th¢ fjnincial statements of the ¢harity for th¢ year ended 31 May 2025. Th¢
trustees have adoplcd the proYis*)¥Js of Accounting and Reporting by Charities: Ststement of Recommended Practi¢¢
applicable lo chariti￿ preparing their accounts in aceordan¢¢ with th¢ Financial Reporting Stsndard app]i￿b]e in the
UK athd Republic of Ireland ffRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVTfiES
ObJettlve5 Activltles
The Objects of Nuncalon Arts are "to advdn¢¢ education in th¢ arts w those ￿$￿dIng in the borou￿) of Nuneaton and
Bedwonh aod the surrounding areas in particular. btst not ¢x¢lusivcly. through the provision of publtc concert4 dramatie
perfomince4 r¢¢itals. art ¢xhibttions. lectures, art festivals and any oiher art events ihat advances the edu¢atioTh in the
Nutjeaton Arts 0￿rateS th¢ Abb¢y Theatre, which provides perfomiing #nd rehearsal faciliti¢s for local wups involyed
in pt¢s¢ntin8 music and drama in Nun¢aton. Hire costs ar¢ kept to an sbsolute minimLtm, and a ti¢red tariff is designed
to fvdvour lo¢ai arnateurgroups over ¢OMmerci￿ ¢nterpri5e5 &Thd professional us¢rs. It) addition lo the basic facilities, we
afso offer trainin8 and assistance to user groups with produ¢tiOD desi8n, set desigli, $¢1 buildin& lighting aDd sound
Ih¢se are all provided by our voluntee￿. rnostly witTrK>Ut char8e. We have for m8ny years been involved with oth¢r
groups in knsting competitive events - the Nuneaton Festival of Arts is an example of this. We also promote ¢v¢nts
ours¢lv¢& to ext¢nd th¢ variety of dratllatic. eomic and musical cnlertainment available I0¢￿Ay.
P￿bIle benefit
In shaping our obje¢tive5 and planning our a¢tiviti¢s. the trusie¢s have ￿nsIdered th¢ Charity Commission's guidan￿ on
publi¢ benefit, including the guidance 'publi¢ benefit.. running a ¢barity (PB2)'. Nuneaton Arts relres on grants and th¢
income from f¢¢s and charges to cover its operating wsts. Affordability and a¢Ge55 lo our programme is important to us
aDd is reflected in our pri¢ing poli¢y.
ACHIEVEMENTS AND PERFORMANCE
Achievements, P¢rfonnane¢ And Future Plan8
W¢ have had another succ¢ssful. busy year. The theatr£ building was ift use 318 days durin8 the year and there We￿ 148
publi¢ perforniances of 68 differenl s￿)wS. Daytim¢ &¢livilies are now well establish¢d on Wednesdays and Thursdays
during school iemis. In addition, many mor¢ activities took Pla￿ in the rehearsal r(K)llLS. the bar and the Colirt￿d
outdoor perforniance spa¢¢. The 'Take a Bow. initiativ¢, started duTill8 2020 to increw invotv¢ment in Drama for
primary sch￿] pupils, resuhed in several school visits involving costume, props and ba¢kstage work.
We have received stverftl small grants for specific purposes durittg the ycor and have 5tat1ed on th¢ s￿la1 Fabric Fund
project - thi5 is 0 2 y¢ar project, we re¢eivd the initial fundin8 in July 2024 and appointed a paJt-tirne Ouireach and
Development Offi¢er started work in S¢piember 2024. The WOTk of our Developmeth Team has expanded
consid¢rably since Ihis appointment- Simon Winternian has ¢ontiDued to l¢ad thi5 initi￿]Ve on a voluntsry b&sis. The
majority of the w)rk under this grant is expected to b¢ ¢arritd out in the 2025126 finan¢ial year.
Dis8ppoÈntingly another 12 llK)nths of disuJssion5 wth Nuneats>n and Bedworth Borough Council have still not r¢5uli¢d
in a lease for the Abbey Theatr¢ building. whi¢h severely limits the grant funding we ¢aa] attrad for essential
improvements such as improved access for disabled uscr5 and iistiors. W¢ hp4V¢ no wheelchair access w ihc upper tloor
and our main doors aTe not easy to negotiate in a Mth¢el¢hair OT using a mobility 5CQQter. There 15 oth¢r M￿ntenance
such as replR¢em¢nt of the old sash windows we would a]so like io undertak¢ which collld be partially or fully grant
fvnd¢d if a lease was in place. We continue to press for a long-terni le￿e to allow us lo plan effxtively and a¢¢ess the
fijnding av¥ii4bl¢.
Pa8¢ 1

NUNEATON ARTS CIO
REPORT OF THE TRUSTEES
FOR THE I'EAR ENDED 31 MAY 2025
FINANCIAL REVIEW
FIJ)ADd41 Review
We continue strict controls on d4y.tTrday ¢xpendittJr¢. We replaced the somd desk and a￿l[lary items during thc
summer ai a wst of around £20.000 plvs VAT and added an additional swipe tail above the stsge. Total spend of
replacement and refiJrbishm¢n¢ during ihe summer shuttlown ws5 £24,￿TrO plus VAT Mthi¢h was slightly below bwdget.
It remains extr¢m¢ly difficult lo fore£ast incorne from the Shows we promote ourselves. These are almost all n¢gotiated
on a box-offiGe split basis, so we are unlikety to lose on any sP￿]riC event. However since Covid audiences dony i￿k
far in idvance. and often we sell SOV• of th¢ tickets for a show in the final 3-4 weeks. This is also a pmblem for the
amateur groups who hire thc theatr¢ to pul on their sho￿.
Reservu poilcy rls
The Trustees have set the tninimum lev¢] of reserves at £SO,000. #nd this level is kept under review. The level is
consid¢r¢d adequate to replace any major itern of equipment immediately should the need arisc, or to Sustain the Abbey
Theatre for a 5uffi¢ient period sbould norn)al busine&% be interrupted. The building fabric is the responsibility of NBBC
and the resetves do not therefor¢ need to cover major building items. Our incom¢ pattern is not level throughoui th¢ year
- as we close in August our intome that month is close to zero. we sii]I need to cover around £10,000 overheads.
We are ¢urrently htslding £58,2.31 of the Social Fabric Fund gra￿ as R¢stri¢i¢d Funds gs thi5 was re¢¢ived carlier than
th¢ scheduled expenditur¢. Cumi free reserv¢s are £179.820. The remaining £121,589 stiu app¢ars bigh compared to
our target figur¢ but thts allows for our sun]mer period with littje income and planned M&inlell￿Ce expenditur¢ of
around £15.000. We also n¢¢d 10 fund the diff¢Ttn¢¢ between the Social Fabric Fund grant (£81,470) and the lola]
project eost (£118,020)- much of this sI￿Uld ¢ome from earned in¢ome and sponsorship, but we need tts make provision
for any shortfalls in these income Streams. And tf we do achieve a r¢alisti¢ lease for the Abbey Theatre we have
nurnber of significant projects irt mind, including disabled access provisioths aDd window repts¢¢n)ents.
STRucfuRE. GOVKRWANCE MANAGEME
Governlng documeni
Nun¢aton Arrs CIO is a registered charity (No. 1193774) governed by its CoNiitution diied I l March 2021.
M*n#gtment rtruttvre
Memberstkip of NUne￿On Arts is op¢0 to all w50ns with an interest in th¢ arts fi￿A residenl within 15 miles of Nuneaton
c¢ntr¢. Voting 15 by 5impl¢ majority, in person otjly. at the Annual General Meeting {'AGfvf) of N￿eatrIn Ajls (OT at
any Extraordinary General Meeting ofNuneaton Arts).
Nunta￿D Art5 is m¥nag¢d on behalf of the m¢mbership by a Bo8rd of Tr￿#¢es, who are electcd by the m¢mbership.
Nuncaton and Bedworth Btsrou8h co￿¢11 may nominat¢ two persoD5 to the Board of Tru$t¢es who may not meet the
rcsidenc¢ requir¢ment for Nuneaton Arts mernbers. The Board of TnJ$te¢s norn￿llY meets about 10 timc5 each y¢ar.
Specific operational fvn¢tions are delegated by the Bosrd to individual office hold¢rs, who are not rteecssarily Trust¢¢s.
These office holders I￿st￿Y work within delegat¢d budgets and Teport to the Board at each meeting.
Appointment of trwtteN ind￿CtIon & trninin#
TnJ$te¢s aTe appointed annually ai ihc AGM. On¢ third of the TnLSte¢8 retire a]mua]ly - those retiring are eligible to
stand for re-election.
If va¢in¢ie8 remain aft¢r the appointhient of Tjustees at the AGM then ihe Board of Trnste¢s may appoiTht fitrther
Tntstees. TTUSt¢¢s invited to und¢rgo appropriate training at the Charity'5 expens¢.
REFERENCE A]4D ADMINisfRATTrT DETAILS
Regi$t¢red Charity number
1193774
Prlnclp&l gddress
The Abbey Theatrc
Pool Bank Street
Nuneaton
Warwitkshire
CVII 5DB
Page 2

UNEATON ARTS CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED JJ MAY 2025
Trwltts
D Adams
M C Chllppell
A R Deeming {res]￿ed 29.01.2025)
M J Green (resign¢d 23.07.2024)
D J Griffjth (resi￿)ed 26.02.2025)
N M Harvey
C D Hill (resigned I1.08.2025)
G L Johnson
RMLuke
P l Malkin
S J Markharn
C Monaghwl (resigned 29.01.20251
D A S¢dgwick {resi8ned 16.04.2025)
N Smith {resign¢d 10.04.2025)
S Pearson {appointed 29.01.2025)
N King {appointed 23.07.2024. re5igDed 20.012025)
Inikpcndent ExgmiDer
Arn￿ngS
Chart¢r¢d Arcountallts and Tax Advisors
G¢thuJ House
36 Bond Streei
Nunealon
Wanvick5hire
CVI 14DA
thkers
Lloyds Bank PLC
120 Lewisham High Street
Londo
SE13 6JG
25. 03.1
Approved by order of the trf)ard of trustees on.......... ................................. and si8n¢d on ils behalf by..
N M HaTVCy. Trustee
Page 3

NUTrIKATON ARIS CIO
ATEMEpif OF TRUSTEES, RESPONSIBILITIES
FOR THE VEAR ENDED 31 MAY 21125
The trustees are responsible for preparing tbe Report of the fnL8t¢e5 al￿ th¢ fuwcial statements in accorda￿¢ with
opplicable law and United Kingth)m A¢¢ovnting Standards (United Kingdom Genern]ly Aecepted A¢¢ouniing Pffactice).
Charity law r¢quires th¢ tnJst¢es to pr¢pare fuJan¢iai stat¢m¢nts for each financial year. Under that law. the tntst¢e5 have
elected to prepar¢ th¢ financial ststetnents in A¢¢ordanc¢ with Urjited Kirtgdom Generilly A¢c¢pted A¢counting Practic¢
{United Kingdom Ac¢ountin8 Standard5 and applicablc lawl.
Unthr Ch￿ilY law the lrnstees must not approve the financial statcment5 unless they are satisfied that give a true and
fair view of the State of affairs of the charity and of th¢ inwming resour¢¢s and application of resourc¢s, in¢luding the
incomc a￿1 expendilurc, of the charity for that period. In preparitkg those flnanciai ststements, the trustees are required
lo
select suitsble accounting policies and then appty them ¢onsistentiy;
obsetve the methods and principles in ihe Charities SORP-
ttlake judgernents and estitnates that are rea50nabl¢ and pnhdent,.
prewdre the finaneial statements on the going concem blsis unless it is inappropri*¢ to presum¢ that the charity will
¢ontimi¢ An busin¢ss.
The ttwst¢es are r¢sponsI￿1¢ for keeping proper a¢¢ountirtg records wthich dis¢lose with rea50nabl¢ a￿￿rA¢Y at any tÈme
the fingncial SK)Sition of th¢ charity and to enable them to ensure that the financi81 ststements ¢omply with the Chariti¢s
A¢t 2011 ond Th¢ Charity IA¢¢ounts and Rwns) Regulaiions 2008. They are also r￿ponsIble for safeguarding the
assets of the charity and henee for taking reasonable steps for the prevention and d¢i¢¢tion of fraud and other
irre8ularities.
Page 4

INDEPENDE￿ry EXAMINER'S REPORT TO THE TRusfEES OF
NUNEATOI¥ ARTS CIO
IndepeDdent ex4miDerfs report to the trnstees of Nune#ton Arts CIO
I report to the charity trustee5 on my exaMin￿10n of the accounts of Nuneaton Art5 CIO (the Trust) for the year ended
31 May2025.
Re3POn5ibi]ities And bAsls of report
A$ the chariry tru$tee$ of the Thwst you are r¢spon5ible for the Preparation of the aceounts in accordance with the
requirements of the Charities A¢t 2011 Ilhe Acl,).
I report in respect of my examination of thE Tru5e5 accounts ¢arried out undcr Section 145 of the Act aryt in ¢arryinE out
my ¢xamin4tion I have followed all applieable Dire¢tions given by the Charity Commission undcr Sectiorj 145(51(b} of
the Act.
Ind¢pÈDdent tyaminer's 8tAttmwt
Since your charitys gross incom¢ exeeeded £250.OQO your cxaminer must be a memb¢r of a listed body. I can confirni
that T am qualifi¢d to und¢rtak¢ th¢ examinaiion because l am a member of the Association of Ctwtered Certificd
A¢¢ounlants. ￿1)ich is one of ihe limed b￿]les.
I b*v¢ completed my examination. I confirm that no mol¢rial matters have com¢ to my attention in conne¢tion with the
examination giving m¢ cause to believe that in any matsrial respect..
accountllJ8 re¢ords were not kept in respect of th¢ Tn￿¢ as required by Section 130 of the Ad" or
the a¢¢ounts do not acwrd with those re¢ord5' or
the accounts do not comply with the applicable requirements cotscernin8 the forni and ¢onlent of accounts set out
in the ChaTi¢ies {A¢¢ounts and Reports) Regul&tions 2008 other than any requirement that th¢ a¢¢ountS give a
trw¢ and fair view which is not a matter considered as part of an indepcndent txarnination.
I havc no c4)ncerns a￿d have come across no other matters in ¢onnection with th¢ ¢xamittation to which attefflion should
be drawn in this ttport in ordcr to enable 8 proper understandiTh8 of the a¢¢outts to be reached.
J Biggs FCCA CTA
Annstrongs
Chartered Account4n¢$ and Tax Advisors
Gethin House
36 Bond Street
Nuneaton
Warwickshire
CVII 4DA
Datc..
15. 03 2026
Page 5

STATEMEKf OF FINANCIAL ACTtVlTIES
R THE YEAR ENDED 31 M
2025
Total
2024
Total
nds
UnrestrÈcted
Restrithd
filnd
Notes
INCOME AND ENDOWMENTS FROM
Donations and l¢gacie5
3,408
77,000
80,408
6,816
Ch¥rit*ble Aetivit
Charitable activities
114.296
114296
104.887
Other trading activities
Investment incom¢
67.282
1529
67.282
2,529
71,392
1.640
Totsl
187,515
77,0(h)
264.515
184,735
EXPENDITURE ON
Raising funds
29.5
29.592
33.540
Charitable actlvities
Charitable activities
125,109
16,418
141,527
136.824
Total
154,701
16,418
171,119
170,364
NET INCOME
32,814
60.582
93,396
14.371
RECONCILIATIOIY OF FUNDS
Total thnds brought foTw8rd
147,006
5,264
152,270
137,899
TOTAL FUNI)S CARRIED FORWARD
179.820
65,846
245,666
152270
The notes form part of these financial staternents
Pag¢ 6

NUNEATI)N ARTS CIO
BALANCE SHEET
31
Y 2025
2025
Total
fiJrtd$
2024
Total
nd5
Unresirict¢d
Restrieted
fund
Notes
FIXED ASSETS
Tathgible assets
30,019
30.019
29.476
CURRENf ASSETS
Stocks
Debtor5
Cash at bank and tn hand
4.517
11.648
146,227
4,517
11,648
212,073
5.631
.629
137283
65,846
162,392
65,846
228,238
151,543
CREDrroRS
Amounts falling du¢ wiihin one year
112.591)
{12,591)
(28.749)
NET CURRETrIT A&SETS
149.801
65.846
215,647
122,794
TOTAL ASSETS LESS CURREKr
LIABiiifiES
179,820
65.846
245.666
152,270
NET ASSETS
179.820
65,846
245.666
152270
FUNDS
Unr¢srri¢ted funds
Rcstricted fimds
10
179,820
65,846
147.006
5264
TOTAL FUNDS
245,666
152,270
The financi￿ statements w¢r¢ approved by the Board of Trnstees and authoTised for issue
25 . 0 3 . 2 0 29............ and were signed on its b¢half by..
on
. Trustee
Th¢ not¢5 forn) part of these fina￿181 statements
P&ge 7

NUNEATON AR
NOTES TO THE FINANCIAL STATEMEh'
FOR THE YEAR ENDED 31 MAY 202S
ACCOUNTING POLICIES
Basis of prepArSDg the fln*nelAI st8tements
The financial statements of th¢ Charity, which is 8 publi¢ ben¢fit entity wider FRS 102. have been Prepared in
a¢cordancc with the Ch2ritle5 SOIiP (FRS 102} 'AccOU￿l￿g and Reporting by Charitie$.' Statern¢nt of
Recommended Praetit¢ applicable to Charities preparing their accounts irt accordance with the Financial
Reptsrting Standard Applicable in the tJK atKI Republi¢ of Ireland ￿Rs 102) (effective l January 2019),,
FinaDcial R¢porting Stsndard 102 11)e Financial Reporting Standard applicable in the UK attd Republi¢ of
Ireland. and the Charities Act 2011. The financial 51atements hav¢ been prepared under the historical cost
convention.
Intome
Items of income are recognised and included in the aCco￿ts th all of th¢ following ¢riteria ar¢ met .
- The charity has etttitlemenl to the fund
- any perf0M￿nCe conditiojts attached to the it¢mlsl of incorn¢ ￿ve been met or are ￿llY within the control of
the ¢harity.'
- there is suffi¢i¢nt certainty that receipt ofthe income 1$ ¢onsidered probable.. and
- the amount ¢an be m¢asurcd reliably.
Deferred income
Income is deferred when monies are receivtd in ad￿¢t relating to perforniances or bDoki]w commencing in
the following financial ye￿.
Eipendi¢ure irre¢overable
Expenditure 15 recogni%d onee there is a le8al or ¢onstructive obligation to make a payment to a third party, it is
probable that Settlement will be required and the amount of the obligation Gan b¢ measured reliably.
Exp¢nditurc 15 classified und¢r th¢ fouowing activity headings..
- Costs of raising fimds wrnprise the direcl wsts of operating the bar & ¢offee bar.
- Expenditure on charitable a¢tivitiC5 includes the diwt costs of a¢tivities undertsken to fvrther the purpos¢s of
the charity alld their associthtrd 5UPPOrt & governan¢¢ costs.
lryt¢overdbl¢ VAT is ch¥Tged as a cost against the activity for which the expenditure was incurred.
Tangible fixed assets
Depreciatiot) is Provided at the following annual rates in order to write off ea¢h as5Ct over its estirnated usefvl
Improvements to properry
Fixtures and fittings
Io'h on cost
25OA on reducing balan¢¢
Fixed &ssets ar¢ tapitalised depe[￿ing on their value at the discretion of the trLLSte¢s.
Ststks
st￿ks are valued at th¢ lower of cost and net Tealisable valu< &fter making due allowance for obsolde and slow
moving items.
T•x*t50
The charity is exempi from on IL8 choritable activiti¢s.
Fund accoulltiDX
General accumulated funds are unreMri¢ted funds that can be used in accordance with ihe Charitable objectives
and include fimds de5isDated for a particular putpose: the use of su¢h f￿d5 remain5 at the dI￿retIOn of the
IL5tees.
Pag¢ 8
continued...

NUNEATON AR
cio
IYOTES TO THE FIIYANCIAL sfATEMEliTS- ContI￿￿e
RTHE
202
ACCOUNTING POLICIES- eonthiu¢d
Fund 8CCOUDtiog
Resrri¢ted funds can only be used (or particular restricted purposes within the objects of the ch8rity. Restrictions
aTi5e when sp￿lfied by the donor OT wh¢n funds ￿t rni5ed for particuiarr¢stri¢ted putpos¢s.
Further explanation of the natur¢ and purpose of fund is included in th¢ notes lo the financial siatements.
Going conee
The finan¢ial ststemetjts have been prepared ots a going conecm basis whi¢h assumes thot the Charity will
Continue to 0￿rate. The validity of this assumption is dependent upon the contiMuan¢e of support from th¢
¢harity's funders and in response io the PJDgress made by the Charity in pursuing a viable budgeL The Choritys
¢urreM business plan shows ihai the Charity Mryll be abl¢ io opernte in the foreseeabl¢ kn. Based on thi$
understandin& the trustees believe that 1¢ r¢mains appropriatc to prepar¢ th¢ fimncial statemertts on a going
eoncern basis. The financial stalements do not in¢lude ￿Y adjustm¢nt& which would result frorn th¢ basis of
preparation beins inappropriate.
Debton
Trade and other debtors are tE¢ogni5ed at thc settlement amouth due after any trade discount offered.
Prcpayments ar¢ valued ai the amount pr¢paid after taking account of at]ytrade disco￿n[S due.
Cash at b￿￿k and h#Dd
CAsh at bank and c8sh in hand and short tern) high liquid inveslment5 with a short maturity of thre¢ monttk% or
les5 from th¢ da* of a¢quisÈtiom or opeFting of the depostt or similar an￿Unt.
Credltors IlDd provlslons
Crditors and provisions are rtcogni5cd where the ¢harity has a present obli8ation resulting from a p&4t ¢v¢nt
that will probably re5uh in thc transfer of furtds to a third party and the amount due to s¢ttl¢ the oblL8arion can be
measured or estimated reliably. Creditors and provisions are nomially r￿08n15¢d at their settlement amoiitrt after
ailowitig for any irade dis¢oullt8 d￿.
OTHER TRADING ACTIVITIES
2025
2024
Bar & Coffee bartakings
67282
71.392
INVESI'MENT INCOME
2025
2024
De￿)sit acth)wrt interest
2.529
1,640
Pase 9
continued...

NUNEATON ARTS CIO
ri(yfES TO THE FINANCIAL ￿ATEmEr￿- eomtinued
FOR THE YEAR ENDED 31 MAY 21125
TRUSTEES, REMUNERATION AND BENEFrrs
There were no trvst¢es' r￿uDeratiOn or oth¢r ben¢fits for the year end¢d 31 May 2025 nor for the yeor ended
31 May 2024.
Trustee8' txpt115ts
There was £1.879 paid to 6 tmstees, for expenses thtring the y¢ar ended 31 May 2025 (2024 .. £4,524 to 4
Trv51ee51
COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestri¢tcd
fund
Restricted
fund
Tothl
funds
INCOME AND ENDOWMENTS FROM
Donation5 and le￿a¢jeS
3.116
3.700
6.816
Cb*rit*ble •ctivities
Charitsbl¢ a¢tivilies
104,887
104.887
oth￿ trading activities
Inv¢$tm¢nt inwme
71.392
1,640
71,392
1,640
T(bt41
181,035
3,700
184.735
EXPENDITURE ON
Raising fi]nd$
33,540
33540
ChArit•ble activi¢ie$
Chlritable a￿l￿tieS
131.468
5.356
136.824
Total
165,008
5,356
170.364
NEI. IIYCOMEI(EXPENDITURK)
16,027
(1,656)
14,371
RECONCILIATION OF FUNDS
Totol f￿￿$ brou8ht forward
1.30.979
6,920
137.899
TOTAL FUNDS CARRIED FORWARD
147.006
5,264
152,270
Ppge 10
continued...

NUNEATON ARIS CIO
NOTES TO THE FINANCIAL STATEMENTS- COD
R THE YF.AR ENDE
I MAY 2025
TANGIBLE FIXED ASSUS
Improvements Fixiur¢s
and
fittings
property
TotAIs
COST
At l June 2024
Addxtions
87.834
224,798
18,447
312,632
18,447
At 31 May 2025
87,834
243245
J31,079
DEPRECL4TION
At l June 2024
Charge for year
83.082
1,826
200,074
16.078
283.156
17,904
At 31 May 2025
84,908
216,152
301,060
NET BOOK VALUE
At31 May2025
2,926
27,093
30.019
At 31 May 2024
4.752
24.724
29,476
STOCKS
2025
2024
Bar 51ock
Technical Stock
4,517
4,706
925
4,517
5.631
DEBTORS: AMOUNTS FALLINC DUE WTfHIN ONE YEAR
2025
2024
Tr&Je debtors
Ac¢nJed iM>me
PT¢payments
1,638
4.736
5274
4,469
4.160
11.648
,629
Pag¢ 11
continued...

NUNEATON ARTS CIO
NOTES TO THE FINANCIAL STATEMENTS- conthiued
FOR THE YEAR ENDED 31 MAY 2025
CREDJTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Taxation and social security
Other creditors
1.628
10.963
946
27,803
12.591
28,749
io.
MOVEMENT IN FUNDS
Net
movement
ift funds
At
31.5.25
Ai 1.6.24
UDrestrirted fuDds
Gencrnl fund
147.006
32,814
179,820
Restrfcted (￿ndS
5,264
60.582
65,846
TOTAL FUNDS
152270
93,396
245,666
Nei rnovemellt tn fimds in¢ludcd in the above alr a5 follows..
In¢omiTt8
resources
Resourees
cxp¢nded
Movement
in fund5
Unrestritled fvMd5
General furjd
187.515
(154,701)
32,814
Restrtcted funds
RESTRICTED FUND
77.000
(16,418)
60,582
TOTAL FUNDS
264.515
(171,119)
93.396
Comparativ¢J for movement in funds
et
movement
in fiJnd5
At
31.5.24
Ai 1.623
Unrestricted funds
General fund
130,979
16,027
147,006
R¢s¢ri¢ted funds
R￿STRICTED FUND
6.920
11,656)
5,264
TOTAL FUNDS
137.899
14,371
152,270
Pag¢ 12
ntinued...

'UNKATON ARTS CIO
TO TIIE FINANCIAL STATEMEIYTS- con
FOR THE Y
DED
10.
MOVEMENf IN FUNDS- coDtinu¢d
Comparative net movement in funds, included in the ¥bov¢ are as follows..
Inroming
resources
Re50ur¢¢s
expendcd
Movement
in fi]nds
Unrestrirttd fuDds
General fund
181,035
{165,0081
16.027
Restri¢t¢d funds
RESTRtcrED FLfND
3,700
15,356)
(1,656)
TOTAL FUNDS
184,735
{170,364)
14J71
A eUTrentyear 12 rnonth3 and prior ￿ar 12 months wrnbin¢d ]y)sttion is &5 follows:
Net
vement
in funds
At
31.525
At 1.6.23
Unrestricted fuDds
General fund
130,979
48,841
179.820
Restrfcted fuN
RESTRICTED FUND
6.920
58,926
65.846
TOTAL FUNDS
137,899
107,767
245,666
A ¢urr¢nt year 12 months and prior y¢ar 12 months combined net movem¢nt in fiumis. included ID the above are
as follows..
Incoming
rtsource5
R¢source5
exp¢nd¢d
Movem¢nt
in funds
Unrestricted fvnd$
Gen¢ral
368.550
(319,709)
48,841
X¢$trl¢ted funds
RESTRICTED FUND
80,700
(21.774>
58,926
TOTAL FUNDS
449,250
1341.483)
107,767
Page 13
continucd...

NUNEATON ART3 CIO
NOTES TO THE FINANCIAL sfATEMENTS- tontinued
FOR THE YEAR ENDED 31 MAY 202S
io.
MOVEMENr tN FtJNDS- ¢oDtIDued
RESTRICTED FUNDS ANALYSIS
Bal*nce at
beginning of
period
It eDd of
period
Income
Expenditure
TrADsf¢rs
Big Lottery Commutiity
Fund- Coronation
Celebration & Legacy Event
Nurjeaton & Bedworth
Borough Council- Hope
Festiv￿ 2025
Warw&¢kshire County
Couneil
NU￿at0￿ & Bcdworth
Borough Coimcil-
Community Grant
3.950
{356)
3,594
1.314
(1.314)
72,000
{13.769}
58,231
5,OiKI
(979}
4,021
5.264
77,000
(16,418)
165,846)
Bi8 Lottery Community Fund- the balanc¢ remaining from this 2023 grant is allo¢ated mainly for Diversity Day5
At)d support of Gommunity events. A platttted everjt involving the Muslim Community remains OD hold Mthilst the
CUFrcllt Israel-Palestin¢ ¢onflid Continues. Thi5 grant does not have aty end date by which it must b¢ spenL
Warwi¢&shire County Cowi¢il - this is a SL)¢ial fabric fund grant ¢ov¢ring a 2 yewT pioject which started i
S¢pt¢mb¢r 2024 and is ongoing.
N￿eatoll BC Community Grant - this will ￿￿1n1Y support ￿U¢￿tiOnal and wellb¢ing activities, there is no end
d&te for this grantto be spcnL
All oth¢r grants were spwrt dwitig the yetr for the purposes derailed in the grant award.
RELATED PARTY DISCLOSURES
Certain of the Trustees also or are itLYolved in the rnanagemeni of organisalions who use the facilities of
th¢Th¢atr¢ or hire technicBI equipment fTom th¢ Th¢itre. Such traTh5actions are at th¢ same rate as for
0therequ1vale￿ orgknisations and are detailed below.
Year ended31 Year ended31
May 1025
May 2024
Organi5ation
Trustet
Abbey Players
David Sedgwick (Mwg¢rl Principal)
Michael Chappell (Committee Member)
Masqueraders Theatre Society and DAvid Ad#ms ICo-OPtedl
NAODS
Christopher Hill (Committee Member)
Rabbl¢
David Adams (Mai]agcr I Principal
SuddeTJ Impulse
Nathan Harvey ( Trustee) and
Production c4)mpany
Philip Malkin (Trystee)
6.096
5.454
7.197
9,910
1426
7,317
6.503
5,405
2.410
6.565
There were nts outstanding balances wth ttlated parties as at 31 May 2025 {2024.. £Nil)
Page 14

DETAILED
TEMEPU OF FINANCIAL A
EAR ENDED
IVI￿Es
2025
2024
INCOME AND ENDOWMENrs
Donitlons and leg•¢ies
Donations
Orants
508
79.900
466
6,350
80.408
6,816
Othtr tr*ding activities
Bar & Coffec bar takings
67.282
71.392
Inwe5tment ID¢ome
I)¢posAI a¢￿U￿t inter¢st
2,529
1,640
Cbirit#ble wctiwities
Nuneaton Art Produ¢tionlCO￿se
Th¢atr¢ Hire
Room Hire
Equip Rental & s￿¢9
Storage Hire
Ticket Printin8
Other
28,683
48,432
22.218
13.781
931
251
28,088
44,943
18297
11,593
884
454
628
114,296
104.887
Totsl incomkng resources
264.515
184,735
EXPENDITURE
R•i$inE donations and leg*cles
Bar & Coffee pU￿haS¢S
Bar E4￿1p Repairs & Renewals
28,580
1,012
32,303
1,237
29.592
33,540
CbaritAble attivities
Wages
Volutsteer costs
Telephone & Intemet
Oth¢r operating leases
Raies and Wdter
Insurance
Light and heal
Repairs & Renewol
Maintenance Contract5
Cleaning & Hygein¢ Solulions
Hired-ln ¢quipm¢nt rech￿ge
LiceThs¢ Fees
Carried forward
24,763
345
558
6,700
2.564
5.664
16262
1.837
5.034
19.558
4,556
3265
91,106
10.479
1.142
430
6.913
3.159
4282
18,043
4,608
3,520
18.355
3.883
5,666
80.480
This page does not fomi part of the statutory finkneial 5tatern¢nts
Page 15

NUNEATON ARTS CIO
DETAILED ￿ATEMENT OF FINANCIAL AcrivmEs
FOR THE YEAR ENDED 31 MAV 2025
2025
2024
Charitable g¢tivi¢ies
Brought fonydrd
Theatre Equip RepairslRenewals
Nw)¢Aton Art Productionlcourse
Print, Postag¢ & Ststionery
Marketin
Educational Support
Misrxllaneous
Improvements to property
Fixturu and fittings
91,106
3.467
22.117
986
3,113
80,480
3,557
21.341
873
2.144
1,440
1,826
16,078
1,871
14,152
138,693
125,902
Support Costs
FiDOii¢e
Accountancy Costs
Bank charg¢s
Independcnt examiners fees
Exccptional item5
25
1,609
1,200
800
1,538
1.200
7,384
1834
10,922
Total re50urce$ ¢xpend¢d
171,119
170.364
Nt¢ ineome
93,396
14.371
This pagc does noi fonn part of the ststU￿ry flnancial stat¢ments
Page 16