IFIELD BARN THEATRE SOCIETY CIO
TRUSTEES. ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
For the year ended
30 April 2024
Charity Registration number: 1194760 (England and Wales)

Ifield Barn Theatre Society CIO
GENERAL INFORMATION
TrUSTEES
J Robins (Chir)
S Bloom (Hon¢)wary Staeiary)
P Stewart (How Tr¢•suff¥)
J Buchan
D Gilbert
E Jenner
S Lock
R Lowe
P Reeve
J Richardson
T StNrt
(R¢¥￿4 4 S¢O•nber 2023)
(Ammnted 15 Au8U512023)
PRESIDENT
Prof M J Underhill FRED& FRSA
CHARITY REGISTRATION NUMBER
1194760 {En814nd md Wths)
PRTr4CIPAL OFFICE AND OPERAThG ADDRESS
Ifield Barn The4ty¢
Ifield Str¢¢t
Ifield
Crnwley
Wem Sussex
RHII ONN
DEPENDE￿ EXAM]NEK
J C S¢rudwicK FC& LfhA
18 Es5cnden Road
South Croydon
Surr
CR2 OBU
CAF Bank Limited
PO Box 289
Kings Hill
West Ma]lin8
Kent
ME19 4TA
P48¢ 1

Ifield Barn Theatre Society CIO
REPORT OF THE TRUSTEES
For theyear ended 30 April 2024
The TNst¢¢s present their knrtual report and financial sthttments of the tharity for the ye4r ¢nded 30 April
2024.
The fin4nci815thtcmenL% have been prepared in accordance with the accounting policies Set out on pages 8
and 9 and comply with th¢ charity's COll5titution. the Charities Act 2011 and"A¢countin8 and Reporting by
Charities.. Statement of Recommended Praeti¢e gppltcableto charities preparing their acc<)unts in &c¢Ord￿£t
with the Financial Reporting Standard appIl￿ble in the UK and R¢publi¢ of Ireland IFRS 102)" (tffective I
January 2019).
CONSTITtmoN AND OBJECTtVES
lfield Bam Theatr¢ So¢i¢ty is &Charitsble Incorporated ch8￿ls￿tioN re8iStered on 10 June 2021. asamended
on 25 August 2021. re8iStr8tion number 1194760.
The Trustres have agreed the following as a description of th¢ chwity'5 a¢tivities.'
'Yo promote and fost¢r th¢ 4pprecLation of drthma and the arts emong residents within ond uound the north
Sussex m."
Th¢ Jtrnte8ies employed ￿ achieve the charity's objectivw ar¢ to:
Present or facilithte: public drama¢i¢ p¢rfornw1¢¢5. amwtew yrtd professio￿1 con¢*ts, reeitAI9,
art exhibition4 lecttm, festivals and ￿Y oth¢r appr(yriat¢ event.
Provide suitable p¢rman¢nl PTemi5e5 for the st88in8 of any such event in (a) above.
Prornote a lively* fricndly and ￿¢table environmetti where m￿nber$ of th¢ So¢i¢ty with
stmilar interests can mcct.
Work in ￿rtnerthip with the Ioc81 community for rnutual ben¢fiL
QOVERNANCE
The Trustees are appointed in A￿OrdIn¢¢ with the Tru51's constitution at]d are re5rA)n5ible for the overnll
dir¢Gtion. eff¢ctivene5$. supervision and a￿OUn￿bIlIty of the Trust. Matters may b¢ del¢8llt¢d to 4ppropriate
jU￿¢0Mmittee3 whose membership Shall consist of at lust onc Trustee of the Society.
T￿￿ are appointed by invitation from the exisiiny Trustees to serve a 3 year terni of otTiee, unless
resigning or removed from office by resolution of a Genernl Mccting of the Society. but may be re-eleeted
for succeedin8 ternis. The Officers of thc S(KiO shall be the Chaimian, the Honorary TTeasurer and the
Honorary s￿retary. Ail TTYSt¢¢s must be mernbers of the chartty and the current Trugt¢es are detailed on
pa8e one of this Report.
TNsittg provide their servi¢¢s fre¢ of charBe but may reeover outwof-pocket expensm.
FINANCIAL RESULTS AND RESERVES
The financial st￿¢m¢nts disclos¢ a surplus of £220 for the ywand this surplus 1$ carri¢d forward at 30 April
2024. Thc WBncc sheet position remAins strong with c￿h reserves at the totslling £36.544.
Surplus fvnds are held in a high interest bank accowit and the Trustees are of the opinion that the ￿ndS
carried forward ar¢ Aufficient to rneet cwyent obliBationJ.
Page 2

Ifield Barn Theatre Society CIO
REPORT OF THE TRUSTEES
For theyear ended 30 April 2024
AeHIEVEMEFifs AND PERFORMANCE
The So¢iety had • full programmc of productions thi5 yearartd the Tru5tee5 were pleased to see a continuation
of healthy attcndanccs. Tickct sales were up 25% on the previous year. although it should be noted that th¢
May 2024 production wL8 brou8hi fO￿￿d io April 2024 for 108iSti¢d purp)ses. Gre¢n room ¢ven¢g 8190
continue to be well attended and. &8 a result. bar takin8s were dso positively imw¢d. En¢w price$ hav¢
mosi doubled this year and this has resulted in Catsin witsl expenditure pui on hold. However.
decision was made ￿ refijrbish the dre&8tn8 rooms duriD8 the year ai a cost of £5.701 &$ tlw wert becomitt8
a health and 5af¢ty ho74rd. We feceived a grani iowards this expendi¢ur¢ of £3,000. Regular Teviews Continue
to Ix carria oui by the Finane* Comrnititt to ensure our pricin8 policies are kept up io date.
Th¢ Tru$t¢¢s ￿ntinue to tsk¢ steps to oecur¢ the fvutTe of the Society and are wnfid¢n¢ th8t th¢r¢ are
5uifi¢ieni ffsourtts io ￿h1¢ye this for at leaA 12 months from the dA* of ¥prOV￿ of these fin￿¢111
sth*ment$.
The Trus¢ees. where w*5sibl¢. will continue to invest ID the infrwslructure and amenitie5 at th¢ theatre and
hwve 5¢t out 4 progrwnme of conlinued improvement ￿ the theatre buildings and equipmenl to ¢nhAnv th¢
enjoymeni of * visit to Ifield Bam Theatre.
PUBLIC BENEFfT STATEME
The Tn¥lees ￿nr￿M they hove referred to the guida￿ cont•In￿ within the Ch•rity Cirni55ion'J
8¢n¢r81 gyidan¢e on public benefii when revi¢win8 the S(*iety'i aims obje¢¢ivu 4nd in plwin8 futyr¢
activiiies.
RISK MANAGEMENT
The Trustees ke¢p the m•joT 5tr4te8ic, finthrid and ¢)pcrntional risks which the So¢iety f￿¢$ ￿￿1 the step8
to lessen those risks underregular review. Any rnatlerof conrxrn be deah with withkn the preseni strucrure
of wlar Tnutee meetin8S.
INVESTMENT POWERS
The9e are governed by the Constitution, which pemiit monies not required for immediate purposes ￿ b¢
invested in such investrnents BJ the 8ppoirtt¢d see fit.
RESERVES ￿LICy
Funds rni8¢d for spe¢ifi¢ proj¢¢ts are R¢striet*J Fundi, ¢mly av8ilibl¢ fLY a s￿ified us¢. All other Funds a
Unrestricted.
The Tnh$t¢e$ h•ve ¢st•blished the level of ruerveg (that 19 th09¢ fvnd$ that are fre¢ly av¥il¥bl¢l that th¢
harity oughi to have. Reserv&s are needtyj to bridg¢ the funding gap5 between Spending on productions
events and r¢¢eivin8 r¢sour¢es through admission ¢hw8es ond grants prnvide funding. ReseTv¢s are 0150
held to cover p)uible emergen￿ repairs to the theatre and other expendiftwe.
TRUSTEES. RESK)NStBILITES IN THE PREPARATION OF FINANCIAL STATEMEFirs
The Trustees are r¢s￿nSible for pr¢p4ring the Thiste¢s' Report the fillanci81 ststunents in accord￿¢*
with applicable law and Uniial Kin8dorn Accounting Sw)dards Iunited Kingdorn Genernlly Accepted
A£￿￿ting Prartice).
Pagc 3

Ifield Barn Theatre Society CIO
REPORT OF THE TRUSTEES
Forthe year ended 30 April 2024
Chariry IRW requiws the Tn￿letS to p￿pAre financial statements forea¢h finan¢ia] yearwhich give atn
and fair view of ihe 5thte of affAir5 of the ¢hanty at the year end and of its incomiug resource5 and
resources expelldcd during that yeor. In prqjaritig those fillanciBI st&temcDts. the Trusttts are required
to..
selKt suitable accounting ￿￿41¢1¢8 and th¢D apply them cons]￿¢n￿y.
obsetve the methods and principles in the applicable Charitics SORP.
make judgements aDd estirnth that are reasotthle and prudent
stst¢ whether 4ppli¢8ble e*¢ounting stsndards ond ststemettts of rccomtncndryj pr￿tICe have
been followed subject to any departures disclosed explained in the financial statements; and
prepare the financial 51atements on the 8oin8 conccrn basis unlcss it 15 iDappwat¢ tO[￿lIme
that th¢ charity will Wniinue in business.
The Trn5tee5 art r¢S￿nSIbLe for keq>ing propcr accoullting records wbich disclose with re490nabl¢
a¢curacy al any time the fiDancial position of the charity and enable them to ensure that the ftnan¢ial
statements comply with the Charities Aei 2011. the Charity (Accounts and Reports) R¢gulaiions 2(K)8
and the provisions ofthe charity's constitution. Thry are also resw)nsible for saf¢guarding the assets of
the charity and heD¢e for taking rewnable steps for the prevention and detertion of fraud and other
irre8ulaTiti¢S.
Approved by th
OD
Chalman
Pa8e 4

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE IFIELD BARN
THEATRE SOCIETY CIO
I rqA)rt to the on my ￿minall￿￿or th fir￿1￿ of Th¢ lfield Barn li￿ Socictyfth¢¢h#ity'l
forthe yev ejthj JO Awil 1024 ￿l£b 4rt seloul an 6 10 12.
Rew•lbJtitkn b•th ofroport
A$ the ¢hAriiy'$ ¢rwt¢ts, you are rc4>cwible fw the uf the fimn¢1￿ Xc4)rd￿￿e with thr
rtyuittnvty oftho Chuities Act 2011 I'thr 2011 A¢t'l.
l report In rtwt of my ¢xQrninati￿ of the chritys fin￿￿￿41 8ts*men¢swri4xI ouiu*r se4ion 145 ofthE 2011 A¢t 8￿j
in r•rryin8 oiii my ¢xAmuJotion I have folknwed all the appli¢*bk 8iv¢n by th¢ ChoTity C¢)mmis5ion under
n 14515Nbl of the 2011 Art.
An lndqxndcn1examll￿I0ndocst￿i￿vo1v¢S0thcri￿sall theevidt￿CthalvoUldb¢r¢qUired in4nw¢btAndcoDsequently
OVA not COVCT &ll the matter¥ In 4￿JI￿r ¢onsid¢Th in 8ivin8 thrrir opinion on the a¢uwJnl¥. and conthjct
ofw beyI￿d the limit•J ¢￿mi￿110n can ry05￿de. Cwuthtly. l ¢xpr¢gs
opinion u 10 wb¢th¢r th¢ 8llt¢ments rni I vi¢w 4nd my twt 15 limi￿J to those ¥rtif
I h&v¢ my cxamuhllt￿Th. l ¢￿fim} thii w Trw¢rial knve come to my 4ttellibJn ITr with thr
¢x•min•iirm ￿VIn8 rwoTh8blc b¢li¢v¢ in ￿Y reyd..
QWLiing r￿01th were twt kept in re¥p¢a of Te4uirnJty Ixtion 130of the 2011 ACL. or
th¢ S￿leD￿n￿ th nDI xcord with th￿t MJrth', or
the fir￿￿1￿] s¢lltemtrJt8 do coryly with th¢ 8rvli¢knk requirernents rorternin8 forni and conf¢nt of
Accounts Set oui in the Clwiiies (Attounts WMI i1¢p￿ts1 RegUlaEl0￿ 21M)8 othcr Amy rtquirtment th
th¢¥wwi¥ 8Ève#'trueknd f*iff viewwhi¢h li no¢ • m•tt¢r cawidcrthl￿ i*NJt
¢xamiwtion.
I hDve no¢0￿1￿ Ind httvc eom¢ wrA$ no (thr in connxilthi the exami￿rion to wthich JttcThtio
ihould be thiwm in thij oth ty¢n￿¢ a prow of the be re4¢h¢d.
ThUDWICK, FCA. DChA
Chartered A¢￿uD￿nI
The of Chwlered Accowjwits in F￿8]%￿d WaltA
18 Essenden Road
South Croydon
SuTrey
CR2 OBU
a c)&y
Page 5

Ifield Barn Theatre Society CIO
UNAUDITED BALANCE SHEET
As at 30 April 2024
2024
2023
FIXED ASSETS
TaD8ible r￿ed assets
68,398
70,085
CURRE￿ ASSETS
Stocks
1,327
9,180
36.544
1.975
tkbtors
2,381
44,776
Cash and bank detK)sits
47251
49.132
CREDrfoRS- Amounts falling due within one year
(1.337)
{5.625)
43.507
NET CURRENT ASSETS
45,414
NET ASSETS
113.812
113,592
Restricte4J fithds
10
9,797
8,369
10
104.015
105,223
113.812
113.5Y2
Appmed by tbe Tntstees on
OAY and on th¢ir b¢ha
P Stewart
Honorary TreasLW
J iiobins
Chainnan
Th¢ not¢s on p88¢$ 10 to 12 fonn part of these accounts
Pa8¢ 7

lfield Barn Theatre Society CIO
UNAUDITED STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 30 April 2024
Notrs Restriaed Unrwtrided
funds
fund5
2￿24
2023
INCOMING RESOURCES
Incoming resour¢es from
generoted funds
Volun¢ary inwm¢
Membership fee5
Inwming r¢sowc¢s from
Charithble Activities
Productions
3.300
3.584
3.351
6.884
3.351
8,898
3.085
24.510
24.510
19.671
Activities for genern¢ing
Bar operationg
L¢ttin85 and other
Green Room surplus
17,036
17,036
12,851
2.415
3,074
2.335
3.956
2.335
3.956
investment in¢ome
775
775
290
Total incoming r¢sour¢¢s
3.3(￿]
55,547
58.847
50.284
RESOURCES EXPENDED
Costs of 8¢neratin8 funds
Bar oper4ti0rt1
C1￿1t￿ble a¢¢iviti¢s
8,598
48.157
8.598
50,029
5.681
48.059
1,872
T¢Mal resourc¢s ex￿mIed
NET INCOMING
KESOURCES FOR THE
YEAR
1.872
56.755
58.627
53.740
1,428
(1.208)
220
(3.456)
RECONCILtATJON OF
Total funds brouBht fomrd
Total fithds carried forwthrd
8,369
105,223
113,592
117,048
io
9.797
104,015
113.812
113.592
The notes on pa8¢5 10 to 12 fom of these #ccounts.
Pa8e 6

lfield Barn Theatre Society CIO
ACCOUNTING POLICIES
For the year ended 30 April 2024
AccouKrtNG CONVENnON
The financial statements have been prepArcd in accordance with the ch8rity's ry)nstituti¢)n, the Charities Act
2011. FRS 102 'The Financial ReEM)rtin8 Standard appli￿ble in the UK at)d Reptsblic of Ircland ' t
Charities SORP-Accounting and Reporting by Charities: Statement of Recommended Prnc¢i¢e applicable to
charitie$ prewins their accounts in accordanee with the Financial Rwting Sthndard a￿lICable in the UK
ond Republic ofireland (FRS 102)" {effectiv¢ l January 2019).
Thc Charity constilutes a public benefit entity as d¢fined by FRS 102.
GofNG CONCERN
At the time of 4)PTOViti8 the firtancial stst¢m¢nt8 the trustees have i re￿nable expeewion th¥t th¢ chlrity
has adequate ruourtts lo coniinue in ope￿10￿8[ existertce for the fortseeable future. Thus. the th￿te¢S
continue to adopt thc going LX)nccm basis of 4¢4)untin8 in pr¢parin8 th¢ financial stht¢men
INCOMtNG RESOURCES
Incomc is recogni5ed in the period in which the ¢hority 1$ eniilled to receipt and the wnount can be mwsured
with TewJn4bl¢ certainty. Income is deferred only whcn the chartty hws to fulfil conditions Ixfore becomin8
entitled to it ￿ Whe￿ the ¢kJnor h&8 Specifi￿ the income is to bt expend￿1 in B future period. Grants.
donations leBa¢ie$ and intertst art accounted for on the buis of moni¢s re¢eivAble during the year.
Income receivable for particular r¢5triffled pur￿$¢8 is included in incomin8 resources of restrid¢d funds.
Don8t¢d &8s¢ts and services includa ￿ the value to the charity where this ¢aD be qU￿￿lfi￿. Gr￿ts and
donations are accounted for wh¢n paid over. or when awarded.
RESOURCES EXPENDED AND BASIS OF ALUYATION OF COSTS
Reyources expended or¢ included in the statement of financial activilies on an acuy815 basis inclusive of vai
which ￿nn01 be recovered. Ex￿nditUre is rt¢oBni5cd orKe there is a 1¢801 or ¢onsinKtive obl1￿110Th to
trAn$feT economic benefit to a third p8rty. it is probabl¢ that a ITan$fer of ¢¢onomi¢ benefits will be required
in settlem¢n¢, 4nd the amount of the obliwion cart bc measured reliably.
Charitsble a¢tivities in¢lud¢expenditure8gsociated with gtABinB prodUction$W￿ include bcrfh the direct ¢09ts
and Support costs relating to the￿ athivitieg.
(lovern￿¢¢ eosts Brethose costs8y%Ki4ted with th¢Bov¢rnwKeofthe charity and its assers and w¢prim•rily
45s￿l•led with meeting con#ituiional and ststutory requtremertts.
STATUS
The original Society waj cottstituttd under i Trust Deed d￿d 31 July 1969 ay 4n Unin¢orporated
Association. On 10 June 2021 the So¢hety w&8 converted to a Charitable IncorporAied OrgEni￿tIon (CIO).
Chartty Numbtr 1194760. All of the assets fimds of the Ifield Bjrn Theatr¢ s￿iety were trAnsferred to
the new entity ¢)n 28 June 2021.
FIXED ASSETS AND DEPRECIATION
FiJ(ed ugets are ￿0rd￿ at ￿$t or. in w¢s wh¢r¢ fixed as%ts have been donated to the cherity, al
valuation Ht the tirlle ofacquisition.
Page 8

lfield Barn Theatre Society CIO
ACCOUNTING POLICIES
For the year ended 30 April 2024
Depreciation is calcu]at¢d to write off th¢ cost of an asse( less its estim&trd r¢5iduai value. ovw the useful
economi¢ lift of that wet ￿ follow5."
Leasehold property: beNveen 25•h p.a. on a straight- lin¢ b￿15.
Furnitttre, r￿tureS and e4uipmenL' Iif/o P.& reducing balance b&%ts.
The gain or Itsss arising on the dh5ptss￿ of ￿ asset is dd¢rniin¢d &8 the differencL betwcKn the s￿¢
proceeds and the Carrying value of the asS¢t and is reco8nised in the statement of finan¢iat adivitie$.
FUNDS ACCOUNrtNG
Funds held by the ¢harity are..
Unreslrictedgeneralfund¥- these Are fimds that w b¢ used in accordanc* with the charitsble objecLs at the
di5¢r¢tion of th¢ Tn￿tee9.
De5ignaied b4lldingfynd - this building fund w&s set up to cover the cost of th¢ firture renovation and
maint¢nance of th¢ he￿h0]d prernises including emergen¢y repairs to the theatre.
Resrri¢ledfythls - restr1d￿ fvnds represents funds whose use was wified by the donor, less amounts
expended for those purposes.
CURRENf ASSETS
Amounts owing to th¢ So¢iety at the ye4r-eDd are shown as debtors l¢ss provision for amounts may
prove L￿¢01]eCts￿le.
C&%h and bank deposits include casb in hand and shon.t¢rni deposits held with CAF Ballk.
S￿Ck is valugj at th¢ lower of ¢ost and net rea]isable value.
LIABILMES
Liabilities are recorded in the financial st8t¢m¢nts when the Trustce5 have made a commitment to acquire
good5 and servic￿. it is probable that s¢ttlem¢nt will be r4uired and the amount tsf obligation can be
measured reliably.
TAXATION
The ch2riry i$ registered with the Charity Cornrnis5È0n and u￿r£fore is not liobl¢ for income tsx or
rporntion tsx on in¢om¢ d¢riv¢d from its charitsble activities. as it falls within the various exemplion5
available to registered chartltes.
FINANCIAL INSTRUMEK15
The ¢h8rity only fJnan¢ial &ss¢¢9 and fiD￿cIal liabilities of a kind that qualify a5 basic financial
instruments. B&8ic financi￿ instrum¢nts ￿e initially recognised &t transaction value and $ubs¢quenUy
mea5urcd at their settlement value.
Page 9

lfield Barn Theatre Society CIO
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 30 April 2024
VOLUNTARY INCOME
2024
2023
Restricted..
Grants
3,000
300
Donations
300
Unresrricted:
Grants
Donations
3.584
8.598
Totsl Grants and Donations
6,884
8098
INVESTMENT INCOME
2024
2023
Unrestricted..
Interest receivable
775
290
COSTS OF CHARITABLE ACTIVITIES
2024
2023
Production costs
6088
7.696
Support costs {note 4)
43,141
40,363
50.029
48,059
SUPPORT COSTS
2024
2023
Premises and insurance
29,120
30,572
utilities
10,402
5.848
Office services and
supplies
Other sUPPOrt costs
2.109
2.495
1,510
1,448
43.141
40.363
P￿¢ 10

lfield Barn Theatre Society CIO
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 30 April 2024
STAFF COSTS
The Society relies upon the contributlon of a number of volunteers and the Tn￿tres provlde
their services free of charge.
FUED ASSETS
Furniture.
fixtures and
equipment
Leasehold
property
Total
C05t at l May 2023
Addltlon5
45,420
35,492
80,912
5,721
[6,1521
35.061
5,721
{6,1521
80,481
Disposals
C05t at 30 Aprll 2024
45.420
Depreciatlon at l May 2023
Char8ed in year
Disposals
At 30 Aprll 2024
5,130
2,293
5.697
10,827
5.671
3.378
(4.415)
4.660
(4.415)
12.083
7,423
Net Book Value
At 30 April 2024
At 30 April 2023
37,997
30,401
68,398
40,290
29.795
70.085
DEBTORS
2024
2023
Other debtors
9,180
2.381
Pagell

lfield Barn Theatre Society CIO
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 30 April 2024
CREDiTORS- amounts falling duewithin oneyear
2024
2023
Trade creditors
1,837
1,725
3.900
Acuued charges
1,837
5.625
MOVEMEwfs IN FUNDS
Designated
funds
General
fvnds
Funds
Total
At l May 2023
8369
14.636
90.587
113,592
Incoming resources
Outgoing resources
Transfers between fllhds
3,300
SS.247
58,847
(1872)
(56,755)
(58,627)
At 30 April 2024
9,797
14.936
89.079
113.812
10. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS
Restricted Unrestrtcred
funds
funds
Total
Tangible fixed assets
Netcurrenta55ets
9576
58022
68,398
221
45.193
45,414
9.797
104,015
113.812
Pa8e 12