## **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
- **9 Matinees** with all tickets £5 including tea and cake*
- **4 Family Films** with all tickets £3 until October then increased to £5
- **10 Evening Films** with tickets at £7 for adults & £3 for under 16s until October, then increased to £5 for under 16s
- **1 Sunday showing** with tickets at £10
_* 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:
- 9.93% (£1,200) was from restricted grants and donations (7% in 2024, 15.3% in 2023)
- 18.25% (£2,205) was from unrestricted grants and donations (16.9% in 2024, 1.3% in 2023)
- 71.82% (£8,678) was from charitable activities so unrestricted (76.1% in 2024, 83.4% in 2023) *
* The film receipts (charitable activities income) was £792 less in 2025 than in 2024, however as two more films were shown in 2025 than in 2024 the audience numbers had actually reduced more than the sales figure suggests.
**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.
- Sales reduced to average £361.58 per film in 2025, from £430.50 per film in 2024 (£477.75 per film in 2023)
- Charitable activities expenditure decreased to average £499.33 per film in 2025, from £559 per film in 2024 (£535.50 per film in 2023)
- Therefore the average loss per film increased to £137.50 in 2025, compared to £128.50 loss per film in 2024 (£57.75 loss per film in 2023)
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:
- 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.
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