## **NORTH WALSHAM ATRIUM SOCIABLE COMMUNITY CINEMA CIO UNAUDITED TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
The trustees present their annual report together with the financial statements for the year 1 January 2024 to the 31 December 2024.
## **SECTION A: REFERENCE AND ADMINISTRATION DETAILS**
## **Charity name**
NORTH WALSHAM ATRIUM SOCIABLE COMMUNITY CINEMA CIO
## **Other names the charity is known by**
None
## **Registered charity number**
1196310
## **Charity’s principal address**
3 The Street, Dilham, North Walsham, Norfolk NR28 9PS
## **Names of the charity trustees who manage the charity**
Trottie Kirwan Teresa Hughes Paula Crossley Josephine Collier Richard Crossley Gillian Kimmerling Robert Harmon Susan Cody Karin Burley
## **Independent Examiner of the accounts**
Mrs Jane Crane, 40 Greenlands Way West, Sheringham, Norfolk NR26 8XP
## **SECTION B: STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **GOVERNING DOCUMENT**
1
NORTH WALSHAM ATRIUM SOCIABLE COMMUNITY CINEMA adopted a Charity Commission Model Constitution for a Charitable Incorporated Organisation, whose only voting members are its trustees, on 7 March 2021. There were no subsequent changes to the governing document.
## **TRUSTEE SELECTION METHODS**
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the Charity Commission Model Constitution.
## **ORGANISATIONAL STRUCTURE AND DECISION MAKING**
The trustees meet quarterly. They have policies governing safeguarding vulnerable beneficiaries and volunteer management. A health and safety policy is not required.
## **SECTION C: OBJECTIVES AND ACTIVITIES**
## **OBJECTIVES**
The Charity Commission entered the charity onto the Register of Charities with the Registered Charity Number 1196310 on 28 October 2021 with charitable objects to:
Promote for the benefit of the inhabitants of North Walsham and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life for the said inhabitants.
## **MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT IN RELATION TO THESE OBJECTS**
In fulfilment of its charitable objects, the charity offered an affordable and diverse cinema programme at The Atrium in North Walsham with films every month between January and December 2023.
## **SECTION D: ACHIEVEMENTS AND PERFORMANCE**
Between January and December 2024, and in fulfilment of its charitable objects, NORTH WALSHAM ATRIUM SOCIABLE COMMUNITY CINEMA offered an affordable and diverse cinema programme at The Atrium in North Walsham with films every month. A total of **22 films** were screened:
- **10 Matinees** with all tickets £5 including tea and cake*
- **4 Family Films** with all tickets £3
- **8 Evening Films** with tickets at £7 for adults, £3 for children
_* In the financial statements the income from matinee screenings is split £3 for ticket sales and £2 for the provision of refreshments._
With many people still feeling the pressure of the cost-of-living crisis, it was important to the charity to continue its programme with the same ticket prices as in 2023. The core audience for matinees comprises older and socially isolated people, many of whom have come to rely on the film screenings
2
for building and maintaining friendships and peer support networks. Many of the families who consistently attend the family films are on low incomes. For both these additional reasons, the trustees were reluctant to increase ticket prices in 2024, despite an increase in all costs.
Unfortunately this meant that 17 of the 22 screenings ran at a loss, exacerbated by falling attendance figures.
The programme attracted a **total audience of 1,651** people, an **average of 75 per screening** , compared to 2,121 people in 2023, with an average of 88 per screening.
Highlights in the year were bumper audiences (in excess of 150) for _The Great Escaper_ and _A Haunting in Venice_ (both matinees). The charity also secured a **£2,000 grant** from Norwich Freemen’s Society specifically to cover the anticipated losses of not increasing ticket prices. A further grant of **£873** came from North Walsham Community Shop (a repeat funder) to continue to place monthly adverts in the local free paper, the North Walsham Times, and other local advertising/promotions.
## **SECTION E: FINANCIAL REVIEW**
## **• FINANCIAL RISK MANAGEMENT, OBJECTIVES AND POLICIES**
The trustees adopted a policy for the allocation of reserve funds on 13 August 2023, agreeing to keep the financial reserves at a minimum of £3,000.
## **• KEY FINANCIAL PERFORMANCE INDICATORS**
Restricted funds are those which may only be used for the specific purpose for which they were given. These are usually grants and, in these financial statements, they refer to the two grants. Unrestricted funds are those which can be used for any purpose in furtherment of the charity’s object, namely all earned income from sales and general donations.
Total income decreased by 9.5% from £13,744 in 2023 to £12,442 in 2024. Of this:
- 16.9% (£2,099) from unrestricted grants and donations (1.3% in 2023)
- 7% (£873) from restricted grants and donations (15.3% in 2023)
- 76.1% (£9,470) from charitable activities (83.4% in 2023)
Total expenditure decreased by 18.8% from £15,645 in 2023 to £12,705 in 2024.
The allocations for unrestricted funds were:
- 0.4% (£48) on organisation, fundraising and development (0.2% in 2023)
- 90.9% (£11,546) on charitable activities (78.6% in 2023)
- 2.8% (£360) on governance (3.9% in 2023)
The allocations for restricted funds were:
- 0% (£0) on organisation, fundraising and development (13.8% in 2023)
- 5.9% (£750) on charitable activities (3.5% in 2023)
3
It is worth noting that the decrease in expenditure can mainly be attributed to the fact that there were 24 screenings in 2023 and 22 screenings in 2024; and the charity did not take part in the _Rite of Spring Festival_ this year.
The average cost per screening increased from £535.50 in 2023 to £577.50 in 2024.
In real terms:
- Income reduced from £477.75 per film in 2023 to £430.50 per film in 2024
- Expenditure increased from £535.50 per film in 2023 to £559 per film in 2024
- The £57.75 loss per film in 2023 converts to a £128.50 loss per film in 2023
If these trends continue in 2025, the charity will either be forced to increase ticket prices or generate additional income from grants and donations.
Thanks to grant income, the overall position is that the charity made a loss of **£263** and carries forward £4,094 to 2025, of which £3,471 are unrestricted funds and £623 are restricted funds.
## **GOING CONCERN**
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
## **SECTION F: DECLARATION**
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees by
Paula Crossley, Trustee 19/07 / 2025
4
## **Independent Examiner’s Report on the Accounts**
**Report to the trustees/ members of:** NORTH WALSHAM ATRIUM SOCIABLE COMMUNITY CINEMA
**Charity no:** 1196310
**On accounts for the year ended:** 31 December 2024
**Set out on pages:** 6-10
## **Responsibilities and basis of report**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024.
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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:**
**Date:** 14/07/2025
**Name:** Mrs Jane Crane
**Address:** 40 Greenlands Way West, Sheringham, Norfolk NR26 8XP
5
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Note**
**INCOME FROM:**
Voluntary income
1
Charitable actvites
2
**TOTAL INCOME**
**EXPENDITURE ON:**
Raising funds:
Voluntary income
3
Other charitable actvites
4
Governance
5
**TOTAL EXPENDITURE**
**NET PROFIT / LOSS**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**Note**
**CURRENT ASSETS**
Cash in bank
Cash in hand
Prepayments
Accounts Payable
**NET ASSETS**
**CHARITY FUNDS**
Restricted funds
Unrestricted funds
**TOTAL FUNDS**
**Note**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
_Total_
_Funds_
**2024**
**2024**
**2024**
_2023_
**£**
**£**
**£**
_£_
**2,099**
**873**
**2,972**
_2,278_
**9,470**
**0**
**9,470**
_11,466_|
|---|---|
||**11,569**
**873**
**12,442**
_13,744_|
||**48**
**0**
**48**
_2,184_
**11,546**
**750**
**12,296**
_12,852_
**360**
**0**
**360**
_609_|
||**11,955**
**750**
**12,705**
_15,645_|
||**-386**
**123**
**-263**
_-1,901_
**0**
**0**
_10_
**3,857**
**500**
**4,357**
_6,248_|
||**3,471**
**623**
**4,094**
_4,357_|
||**2024**
_2023_
**£**
_£_
**3,944**
_4,090_
**150**
_160_
**0**
_106_
**0**
_0_
**4,094**
_4,357_
**623**
_500_
**3,471**
_3,857_
**4,094**
_4,357_
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
_Total_
_Funds_
**2024**
**2024**
**2024**
_2023_
**£**
**£**
**£**
_£_|
6
|**Voluntary income**
1
Donatons
1.1
Grants
1.2
Sponsorship and advertsing
**Total voluntary income**
**Voluntary income**
**Donatons**
1.1
Organisatons
Individuals
**Total donatons**
**Grants**
1.2
Interconnector
North Walsham Community Shop
Norwich Freemen's Society
**Total grants**
**Sponsorship and advertsing**
**Total sponsorship and advertsing**
**Income from charitable actvites**
2
Ticket sales
DVD and poster sales
Matnée refreshment sales
Bar and café sales
**Total income from charitable actvites**|**99**
**0**
**99**
_178_
**2,000**
**873**
**2,873**
_2,100_
**0**
**0**
**0**
_0_|
|---|---|
||**2,099**
**873**
**2,972**
_2,278_|
||**0**
**0**
**0**
_0_
**99**
**0**
**99**
_178_|
||**99**
**0**
**99**
_178_|
||**0**
**0**
**0**
_1,500_
**0**
**873**
**873**
_600_
**2,000**
**0**
**2,000**
_0_|
||**2,000**
**873**
**2,873**
_2,100_|
||**0**
**0**
**0**
_0_|
||**0**
**0**
**0**
_0_|
||**6,590**
**0**
**6,590**
_8,031_
**45**
**0**
**45**
_57_
**1,766**
**0**
**1,766**
_2,246_
**1,069**
**0**
**1,069**
_1,132_|
||**9,470**
**0**
**9,470**
_11,466_|
7
|**Income from charitable actvites**
2
Barbie
The Litle Mermaid
The Great Escaper
To Kill A Mockingbird
A Hauntng in Venice
Wonka
Seaside Special
Anatomy of a Fall
One Life
Priscilla
The Old Oak
Wicked Litle Leters
Taxi Driver - CANCELLED
Migraton
The Holdovers
Bob Marley: One Love
The Stng
The Bikeriders
Rye Lane
Inside Out 2
The Fall Guy
Thelma
Last Christmas
Vouchers
**Note**
**Costs of raising funds**
3
Volunteer costs
3.1
Development
3.2
**Total costs of raising funds**
**Volunteer costs**
3.1
Out of pocket expenses
**Total volunteer costs**
**Note**
**Development**
3.2|**Ticket sales**
**Matnée**
**refreshment**
**sales**
**Bar and café**
**sales**
**DVD and**
**poster**
**sales**
**328**
**0**
**61**
**0**
**345**
**0**
**65**
**0**
**501**
**334**
**0**
**0**
**497**
**0**
**135**
**6**
**453**
**302**
**0**
**3**
**255**
**0**
**44**
**0**
**306**
**204**
**0**
**6**
**343**
**0**
**79**
**6**
**423**
**282**
**0**
**0**
**308**
**0**
**78**
**6**
**189**
**126**
**0**
**3**
**546**
**0**
**123**
**3**
**0**
**0**
**0**
**0**
**177**
**0**
**47**
**0**
**171**
**114**
**0**
**0**
**385**
**0**
**147**
**0**
**162**
**108**
**0**
**0**
**266**
**0**
**124**
**3**
**72**
**48**
**0**
**0**
**279**
**0**
**84**
**6**
**212**
**0**
**84**
**3**
**243**
**162**
**0**
**0**
**129**
**86**
**0**
**0**
**0**
**0**
**0**
**0**|
|---|---|
||**6,590**
**1,766**
**1,069**
**45**|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
_Total_
_Funds_
**2024**
**2024**
**2024**
_2023_
**£**
**£**
**£**
_£_
**24**
**0**
**24**
_24_
**24**
**0**
**24**
_2,160_|
||**48**
**0**
**48**
_2,184_|
||**24**
**0**
**24**
_24_|
||**24**
**0**
**24**
_24_|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
_Total_
_Funds_
**2024**
**2024**
**2024**
_2023_
**£**
**£**
**£**
_£_|
**Development**
8
|RITE OF SPRING FESTIVAL
Replacement poster frames
Kitchen replacements
**Total development costs**
**Costs of charitable actvites**
4
Venue hire, insurance and licensing
4.1
Cost of sales
4.2
Publicity
4.3
Box ofce costs
4.4
**Total costs of charitable actvites**
**Venue hire, Insurance and licensing**
4.1
Venue hire
Insurance
TENs
Film licensing
**Total venue hire, insurance and licensing**
**Cost of sales**
4.2
DVD purchase
Refreshment costs
**Total cost of sales**
**Publicity**
4.3
Design and print
Website
Advertsing
**Total publicity costs**
**Box ofce costs**
4.4
Ticketsource, Stripe and SumUp fees
Float
Ticket printng
**Total box ofce costs**
**Note**
**Governance**
5
Independent Examiner
Bookkeeping
Preparaton of Annual Report
**Total governance costs**|**0**
**0**
**0**
_1,500_
**0**
**0**
**0**
_660_
**24**
**0**
**24**
_0_|
|---|---|
||**24**
**0**
**24**
_2,160_|
||**6,538**
**0**
**6,538**
_6,771_
**724**
**0**
**724**
_1,047_
**4,049**
**750**
**4,799**
_4,566_
**236**
**0**
**236**
_467_|
||**11,546**
**750**
**12,296**
_12,852_|
||**3,300**
**0**
**3,300**
_3,450_
**230**
**0**
**230**
_267_
**126**
**0**
**126**
_189_
**2,882**
**0**
**2,882**
_2,865_|
||**6,538**
**0**
**6,538**
_6,771_|
||**201**
**0**
**201**
_270_
**523**
**0**
**523**
_777_|
||**724**
**0**
**724**
_1,047_|
||**3864**
**120**
**3,984**
_3,864_
**185**
**0**
**185**
_12_
**0**
**630**
**630**
_690_|
||**4,049**
**750**
**4,799**
_4,566_|
||**236**
**0**
**236**
_285_
**0**
**0**
**0**
_16_
**0**
**0**
**0**
_167_|
||**236**
**0**
**236**
_467_|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total Funds**
_Total_
_Funds_
**2024**
**2024**
**2024**
_2023_
**£**
**£**
**£**
_£_
**0**
**0**
**0**
_9_
**360**
**0**
**360**
_360_
**0**
**0**
**0**
_240_|
||**360**
**0**
**360**
_609_|
9