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2025-12-31-accounts

NORTH WALSHAM ATRIUM SOCIABLE COMMUNITY CINEMA CIO

UNAUDITED TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees present their annual report together with the financial statements for the year 1 January 2025 to the 31 December 2025.

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 Paula Crossley Josephine Collier Richard Crossley Gillian Kimmerling Robert Harmon Susan Cody Karin Burley Jon Massingham

Independent Examiner of the accounts

Mr Charles Noel, 97 Harbord Street, London, SW6 6PN

1

SECTION B: STRUCTURE, GOVERNANCE AND MANAGEMENT

GOVERNING DOCUMENT

NORTH WALSHAM ATRIUM SOCIABLE COMMUNITY CINEMA adopted a Charity Commission Model Constitution for a Charitable Incorporated Organisation, Foundation model, 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.

VOLUNTEERS

The trustees are supported by a committed and enthusiastic team of local volunteers who underpin the work of the charity. During the year 15 fantastic volunteers have enabled the film screenings to be provided by supporting the film projection, ticket sales, serving refreshments and other essential tasks.

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 2025. The films are shown at various times of the day to cater for the different needs of the public. Films were shown in the morning for children and families, in the evening for adults and teenagers, and afternoon matinees with tea and cake provided are popular with the older residents.

SECTION D: ACHIEVEMENTS AND PERFORMANCE

Between January and December 2025, 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 24 films were screened:

2

* 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 for the charity to continue its programme of low ticket prices. The core audience for matinees comprises older and socially isolated people, many of whom have come to rely on the film screenings for building and maintaining friendships and peer support networks. Many of the families who consistently attend the family films are on low incomes.

Therefore, trustees had not increased ticket prices in 2024, despite an increase in all costs. A survey was undertaken towards the end of 2025 to ascertain the audiences view on several matters, including the pricing. As a result of this consultation and the need for the charity to meet it’s increasing costs with falling audience numbers (the majority of the screenings during the year ran at a loss) some ticket prices were increased in the last quarter of 2025, with a further small increase in the matinee ticket price planned for 2026.

The year’s programme has had lower audience numbers than in previous years. It attracted a total audience of 1,317, an average of 55 per screening (compared to 1,651 people with average of 75 per screening in 2024, and 2,121 people with an average of 88 per screening in 2023.) The highest audience numbers was for Conclave (evening film with 70), Penguin Lessons (matinee with 71), Breakfast at Tiffany’s (matinee with 90), and Despicable Me 4 (family film with 108).

The charity was most grateful to receive a £2,000 legacy from Mr Tony Kirwan and a grant of £1,200 from North Walsham Community Shop (a repeat funder). The latter grant is to specifically fund the films’ publicity.

The total amount of legacy, donations and grants received in 2025 of £3,405 is 14.57% higher than in 2024, therefore fulfilling the trustees aim of achieving more grants and donations during the year to help offset the lower income from ticket sales.

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. This equates to approximately three months running costs.

Although the bank/cash balance was less than this at the end of year (being £2,299) this was due to a £1,104 prepayment made in November for publicity materials relating to the first quarter of 2026, taking the net assets carried forward to £3,403.

• KEY FINANCIAL PERFORMANCE INDICATORS

3

Restricted funds, which may only be used for the specific purpose for which they were given, refers to the one grant received in this financial period. Unrestricted funds, which can be used for any purpose in furtherment of the charity’s object, refers to all other income from sales and general donations.

Total income decreased slightly by 2.9% to £12,083 in 2025, from £12,442 in 2024. Of this income:

Total expenditure increased slightly by 0.56% in 2025 to £12,774 (with 24 screenings) from £12,705 in 2024 (with 22 screenings). In 2023 expenditure was significantly higher at £15,645 (with 24 screenings and the Rite of Spring Festival). This demonstrates the trustees’ careful management of the charity’s expenditure during a period of inflation.

Although the average cost per screening decreased to £532.25 in 2025 from £577.50 in 2024 (only 22 films were shown in 2024), the average loss per film increased due to lower audience numbers.

This trend may continue in 2026, therefore the charity has planned a further small increase in ticket prices in 2026, are reviewing expenditure streams, and will consider how to generate additional income.

Thanks to voluntary income, the overall position is that the charity made a loss of £691 for the year and carries forward £3,403 to 2026, of which £2,203 are unrestricted funds and £1,200 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 next 12 months. For this reason, they continue to adopt the going concern basis in preparing the financial statements. However, in response to the decline in ticket revenue the trustees will be assessing the appropriate next steps during 2026 to secure the future of the charity.

SECTION F: DECLARATION

The trustees declare that they have approved the trustees’ report above.

4

Signed on behalf of the charity’s trustees by

…………… Trustee Date ………

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 2025

Set out on pages: 6 - 9

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 31/12/2025.

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:

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.

Mr Charles Noel, 97 Harbord Street, London, SW6 6PN

6 May 2026

5

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Not
e
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
Not
e
CURRENT ASSETS
Cash in bank
Cash in hand
Debtors & Prepayments
6
Accounts Payable
NET ASSETS
CHARITY FUNDS
Restricted funds
Unrestricted funds
TOTAL FUNDS		 Unrestricted
Funds
2025
£
2,205
8,678
10,883
22
11,361
769
12,151
-1,268
0
3,471
2,203
2025
£
2,149
150
1,104
0
3,403
1,200
2,203
3,403		 Restricted
Funds
2025
£
1,200
0
1,200
0
623
0
623
577
0
623
1,200
2024
£
3,944
150
0
0
4,094
623
3,471
4,094		 Total
Funds
2025
£
3,405
8,678
12,083
22
11,984
769
12,774
-691
0
4,094
3,403		 Total
Funds
2024
£
2,972
9,470
12,442
48
12,296
360
12,705
-263
0
4,357
4,094

6

Not
e
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
North Walsham Community Shop
Norwich Freemen's Society
Total grants
Income from charitable actvites
2
Ticket sales
DVD and poster sales
Matnée refreshment sales
Bar and café sales
Total income from charitable
actvites
Income from charitable actvites
2
Breakfast at Tifany's
The Critc
Despicable Me 4
Phantom of the Open
Jaws
Colete
Paddington in Peru
Tea with Mussolini
Gladiator II
Maudie
Conclave		 Unrestricted
Funds
2025
£
2,205
0
0
2,205
0
2,205
2,205
0
0
0
6,147
39
1,052
1,440
8,678
Ticket sales
270
364
324
96
267
192
243
144
301
0
490		 Restricted
Funds
2025
£
0
1,200
0
1,200
0
0
0
1,200
0
1,200
0
0
0
0
0
Matnée
refreshmen
t sales
180
0
0
64
0
128
0
96
0
0
0		 Total
Funds
2025
£
2,205
1,200
0
3,405
0
2,205
2,205
1,200
0
1,200
6,147
39
1,052
1,440
8,678
Bar and
café sales
0
147
66
0
107
0
65
0
129
0
136		 Total
Funds
2024
£
99
2,873
0
2,972
0
99
99
873
2,000
2,873
6,590
45
1,766
1,069
9,470
DVD
and
poster
sales
3
0
0
0
3
0
0
0
0
0
6

7

Widow Clicquot
Bridget Jones
Maudie
Mr Burton
Quodraphenia
The Wild Robot
The Salt Path
Rear Window
Juror 2
Kinky Boots
Lilo & Sttch
F1
Penguin Lessons
Chicken Town
Not
e
Costs of raising funds
3
Volunteer costs
3.1
Fundraising
Development
3.2
Total costs of raising funds
Volunteer costs
3.1
Out of pocket expenses
Name badges
Total volunteer costs
Development
3.2
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		 153
357
189
472
136
183
525
175
280
120
155
197
213
301
6,147
Unrestricted
Funds
2025
£
22
0
0
22
0
22
22
0
0
6,330
766
4,001
263
11,361
3,450
170		 102
0
126
0
34
0
0
100
0
80
0
0
142
0
1,052
Restricted
Funds
2025
£
0
0
0
0
0
0
0
0
0
0
0
623
0
623
0
0		 0
108
0
137
7
62
214
0
102
0
0
53
0
109
1,440
Total
Funds
2025
£
22
0
0
22
0
22
22
0
0
6,330
766
4,624
263
11,984
3,450
170		 6
0
0
3
0
0
0
0
6
0
0
3
9
39
Total
Funds
2024
£
24
0
24
48
24
0
24
24
24
6,538
724
4,799
236
12,296
3,300
230

8

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
Ticket printng
Total box ofce costs
Governance
5
Independent Examiner
Bookkeeping
Preparaton of Annual Report
Total governance costs
Debtors & Prepayments
6
Prepayment- Rocket Design publicity
Total debtors & prepayments		 147
2,563
6,330
119
647
766
3989
12
0
4,001
203
60
263
0
605
164
769
1,104.00
1,104.00		 0
0
0
0
0
0
43
0
580
623
0
0
0
0
0
0
0
0
0		 147
2,563
6,330
119
647
766
4,032
12
580
4,624
203
60
263
0
605
164
769
1,104.00
1,104.00		 126
2,882
6,538
201
523
724
3,984
185
630
4,799
236
0
236
0
360
0
360
0
0

9