REGISTERED CHARITY NUMBER: 1198714 REPORT OF THE TRUSTEES APID UNAUDITED FINANCIAL STATEI¥IENTS FOR THE Tr EAR ENDED 31ST DECEMBER 2024 FOR LANCASTER FOOTLIGHTS & GRANDTHEATRE A CHARrrABLE INCORPORATED ORGANISATION Taylor. Robertson & Willeu Lid 95 King Streei Lan¢asier Lancashire LAI IRH
LANC.4STER FOOTLIGHTS & GRAND THEATRE IA CHARITABLE INCORPORA TED ORGANJSATION CONTF.NTS OF THE FINANCIAL STA TEmEs for the Year Ended 31st December 2024 Page Report of the Trnsttts Independent Examiner's Report Statement of Financial Activities BalaDC¢ Sheet Cash Flow Statement Notes to the Cash Flow Siaiement Notes to the Financial Statemen¢S 9 10 16 Detsiled Statement ot Financial Ac¢ivili¢s 17 10 19
LANCASTF.R FOOTLIC.HTS & GRAliD THEATRE (A CIIARITABLF. INCORPORA TED ORGANISATION) REPORT OF THE TRLSTFF.S for the Year Ended Jlst December 2024 The irusiees pre.Eent ihe financial siaieTnenis of the charity fi)r ihe year i().4 Isi Dettmter 2024. 0ECTIVEs .4ND ACTJVITIES ObjectiTres and al5 The Charity h&s prepared. cgnsulied upon. and implemenied d ¢Jeiailed Strattgv for Ihe peri(Kl 9024-27 which is available via Ihe iheatre's web%iie. Our Mission Stsierneni is ihe singlt phrse behind which ¢er¥olle can unite io ensure w'e Jre Lle what our purpose is. The mission of Lanr&sier Fo] johis & Grand Theatre is." T<) be a place of joy. and a comersione of culiural and anLStic excellence. for our wmmuniiy and beyund" Our Prioriiies la. Member wellbeing. sati4factÈon. and engagemeni Ib. Suff wellbeing, saiisfaciion. al engagemeni 2. Maintaining financial security 3. Ensuring legal complEaTrce. 4. Acknowledging ihe importance of Drg(Illl%alional culture 5. RecogThi%ing our cOnlbUt1on to the Arts & our Cliv 6. Improving our use of infotrDalion, Communicaiion & Technology 7. ProieLiin¥ the theatTC building Signific4nl Activitie5 In the reporting peri(l the chariiy.. Rolled olli lis 2024-27 Siraiegy following s[[. member and volunteei consul(aiion InirLxtuced our new values ba%ed on the AcfoRS aeioni'm Focusseo on creaiing re5ilieni jo). filled operaiion4. remoking single inIS of failure Amended the constitLElion to enable Bodrd siie lu be increased from 8 to l ? IrusTres Uplifttd wages and salaries in line wilh inflaiion and li%'ing w'age prinLipals [nirdUced Ihe De. paid role of Compliance & Leamino C(K>rdinaior tntriKluced the ne. paid siart roles of FnI of House Coordinators - ComTnenced Ihe prwe.%% 10 iniicwjuce a Depu(v Th¢atre Mger {Operaiionsl role Inlr(xduced a fully refr&shed safegUding Polic). and associaied Irdining pldn R¢fre5hed key risk assessrnenlN. wliLies. pnxedllre Delivered a Thdnk you & Fe¢dbxk' el'enl lor Froni of HOU volunieers Established a member. staff. and volunLeer Ftf)nl of Huu 14'-orking group Relre4hed our approach io preveniatiN'e and tIve rnainienance Refre%hed our volunieer joining paihwav and ass1Mied induciion & dei'eliyTneni M4knaged signifi¢ani risks including implicaiions of prowlsed pk developtnenl niroduced an on-line survey iwl for use in public. %iaff and volunteer con5uliaiiDns Completed Ehe proce55 of re-brdnding io dlign wilh ihe rte. exrnlI colour scheme Continued a% dn aCLive TnerDber of Ihc Lancasitr Di.4irici Ans PanneThhip Eniered the Lanc25hire TvurJm AM'ards Further improed accE5%1bilily ihrouBh audio bNhures and relaxed paniomime Cominen¢¢d project lo improvt s&feiy and siorage capaci1 ai our off-siie unil Commenced project lo ieploce 0r iTheffiLieni and aging sound & lighiing equipmeni - Commenced piojeci lo intr(yJuce membership managemeni soltwar¢ & websiie - Planned nexi Thankyou & Feedback events w in¢lud¢ all Sff. members & volunieer Page I
LANCASTER FOOTLIC.HT & GRAND THEATRE IA CHARITABLE INCORPORATED ORGANIS.4TION REPORT OF T for Ihe Year End TRUSTEES 1st December 2024 ACHIEI'EMENT AND PERFORMANCE Audlence figures Performanies 1024 Perforfftance5 20?3 37 27 147 211 Scais Sold Seals Sold 202.1 Fooilighis Community groups Professional act Total 10.384 9.763 47.8(J) 69J49 151 49.513 67 J94 Our ver). own shows- seats sold.. Ladies Day 7.56. Blackadder Il 1.013 Ihoorahl) and Dick WhitiingLon 8.615 FINANCIAL REVIEW ReserTr'es policy The ttw4lees musi ensuTe ihai unre¥iriaed r¢seTr'es mdiniJined su ihdi ihe chariii, Lan coniinue ils operdiions if an unforeseen event occurs which cotnprotni% ihe ongoing iickei $eS at the same level tnjoyed over ihe la%1 few 8ea8on.s. 11 is ()ur charity's CUTrent policy io maintain unresiriiied resertres. underpinned by available cash and bank funds, to suppon tour monLh's average oper¢llLng cv515 plus pending theatre improl'emeni exp¢ndiiure. The trllstees believe the £ent ideal level s)f unresiricied rwrves is £150.(MK). To achieve ihi% figure excess re%erNes have been transferred 10 The New Foyer Designaied Appelils erve in the sum 01£225.(XM). al the year end. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Charily is Lontrolled by its goi'erning documeni and consiiiuies a chariiable incoTwfdted organI&10n ICIOI. Plse reler io lh¢ relevant seciion of Lancaster Grand Theatre s website for ihe full lexi of ihe constiiuuon. The Chariiy CoTrmission approved our applicaiion io cimvert 10 a Charithble IncoTp)raied Organisaiion ICIOI on 25 April 2()92. Theaty¢ operaiiDns have been transfetted io ih¢ CIO ftom Isi JanuoT) 2023. Since Isi January 2023 assets hav¢ been transferred whi¢h is an ongoing process. Organisational structure During the rellIng perii)d the ehariiv Board comprisJ 8 irustre tK>515. T[ut&S were SUprted in meeting charity objeciives b! Pdid staff (see NoLe 91. circa 150 adult and 30 youih membersli'olunleer5. and contraciors as necessary. Ledershlp and Governance The Bo¢ird mei 8 iiTne& 10 8ei sirategy, manage ti5ks. lead. a&sure and administer ihe ¢hariLy. To ensure Su](1enI £ipati(Y and devoluiion of reswnsibiliiy. various subgroups and commiiiees reiy)rt 10 11. including.. - Fr]u¢ll0n CoTnrnitiee Art%. Culiure and Heritage Subgroup- c$1J¢ Subgroup MdinienJnL¢ Subgroup Props Subgroup Tech Subgroup Safeguarding Subgroup- Froni of Huuse Workin8 Group General Management The Theaire Manager manage5 the day-i¢FdaN optraiion ol the Iheaire. To facilita effeciive operations. the Theatre MaEJager hag delegaied auihoriiy within lettns approved by the BoJrd lor programming 2nd otKrntional matiers. InductiOD and irdiniDg of new trwtees Tru%lees ate fully briefed on Eheir legal obligions under chatiiy lav. including ihehr ¢ommhimeni io safeguarding. the de¢isivn.making pr(K¥%ses of ihe Board. 115 stragy plan& and financial perforniance. Page 2
LANCASTER FOOTLIGFrrs & GR.4PiD THE.4TRE IA CHARITABLE INCORPORATED ORG.4lilSATION RF.POR T OF THE TRL'STEES for the Year F.nded 31st December ?024 STRiiCTURE. GOVERNANCE AND MANAGEMENT Rlsk management The charitj maRniains a risk register in acLordance wilh Chariiy ComTnission guidance. Risks dre regularly reviewed. and ppropridte dnd proporiionaie mirigaiion action% are pul tn place. REFERENCE AND ADMINISTRA TIVE DETAIts Registered Charity number 198714 Prlneipal address Lanckster Grand Theatre St LeL)nardsgaie Lan¢asier LAI INL Trustees M T Hardy D R Hardy A P 1'avler J J Beatner J F Lakin8 (resigned 12.1.241 C R Willeti M Hutton C Williains C Travis (appointed 16.9.24 L Waierhouse lapwinied 16.9.241 Ire*igne¢J ?1.3.25 D Thomas lappoinied 16.9.241 Ir&signed 24.3.251 S Sutt()n iapwinted 16.9.241 {resigned 3.6.?5} M CldLk (appointed 16.9.241 (resigned 19.6.251 IDdependent Examlner Mr Simon Willidm Cullin¥fonl FCCA Taylor, Robenwn & Willeil Lid 9.$ King Street Lanca%ier LJncashire LAI IRH Approved by order of the knard of tru%iees on fiih Allgusi 2025 and.%igned on its behalf by.. M Huiion - Tn]stee Page.3
INDEPENDENT EXA INER'S REPORT TO THE TRLSTELS OF LAP4LASTER FOOTLIGHTS & GIL.IND THEATRE (A LHARITABLE INCORPORATED ORGANIS.4TIONI Independent examiner's report to the trteeS of Laaster Footlights & Gra Theatre I repon io Ihe Lhatity Irllslee. on m), exgtninaiion of the accounts of Lancaster Fooilighis & Grand Theatre Iihe Trus11 for the year ¢nded 31st Dtcernber 2024. RespolbA]Stles and basi5 of report As ihe chariiy trustees of ihe Tru51 are resw)n%ible foi the preparaiion of (he accounts in accordance with the requirement% of the Chariiies Aci ?01 i ('Ihe Aci'l. I report in respect ol my examinaiion of Ihe Trusl's aictsunts caTried out under Seciion 145 of ihe Act and in carrying out my ¢xaminaiion I have folloed all applicable Direciions given bv ihc Charity Commission under Section 14515Kbl ol the Aci. Independent examlner's ststelneut Since jour charily s gro%s inCOTn¢ exceeded £250.IXMI your examiner mu%[ be a ivembtr of a lisied body. I can confirni thai I m qualified to undertake the examinaLion bel'duse I am a member of the A%4ociatLOll ul Chanered Certified A¢countanis, whieh is one ot. the Ited b1¢$. have cornpleied my ex&imination. I confimi thai no maieftal mLers have come io my atteniion in connection wilh the examination giving me ¢au%e to belietre ihai in any material respeLt". accounting records were not kept in respeci of Ihe Tru%1 requird by SeLiion 110 of the Ac(- or the aLcounis do nol accord wjth ih05e recor(ts- or Ihe accounis do nui cotnply wiLh ihe applic4tble requirements concerning ihe furni Lollient of aecouni4 %et out i the Chariiies IAccouni% and RetnsI Regulation% 8 other ihan any re4uiremeni ihai ihe acLounts give a true and fail view which noi a rnaiier considered as pan of an independeDi examinaiion. I have no concerns and have come actoks no other mailers in conneciion wilh Ih¢ examinaiion ko which aiieniion should b drawn in Ihis report in order io enabl¢ a prOr understanding olihe accounts io be red¢hed. Mr SiTron William Cullingford FCCA The A$WlatIOn of Chanered C¢rlilied Accountsnts Taylor. Robertson & Willett Ltd 95 King Street Lanc&ster Lanc&shire LAI IRH 6ih August 20*5 Pagc 4
LAliC.4STF.R FOOTI.IC.HTS &. C.RAli D THF..4TRF. (A CHARITABLE INCORPOR.4TED ORGA Tr4JSATIONI STATEIIENT OF FIliAh'CIAL ACTI%'ITILS fur the Year Ended 31st Decejnber 2024 2024 Unrestricted funds 2023 Tothl lunds INCOME AND ENDOWP#lENTS FROM Donations and legdLies 3.199 Oiher tradillg a¢iiviiie5 Investmeni in¢ome Oiher inLom 42iS88 31259 129,661 402.676 8.5 123.6n9 Total 589 707 540.759 EXPENDITURE ON Raising lunds 371,600 288.97$ Ch8ritgble actlvlties Amaieur performances Communiiy and Professional Lets 21271 25,43f) 69.079 Tot81 470,028 383.4(M) PIET If*COME Fund5 transferred from prior entity 119.679 157,269 732.341 16 Plet mnvement in fudS 119,679 889.6111 RECOI¥4CILIATION OF FUNDS Total funds broughi forward 889.21(1 14(X]I TOTAL FUNDS CARRIED FORITr'ARD I.&889 889.210 The note5 form Orth financial sthiements Page 5
LANCASTER FOOTLIC.HTS & GRAND THE,ITRE IA CHARITABLE INCORPORATED ORGANISA TIOliI BALAf*C 31st Dece HEET r 2024 2024 Unrestricted ruTJds 2023 Toial Noies FIXED ASSETS Tangible assets I76.06 117,821 CURRENT ASSETS Stock5 Debtors Cash at bank and in hand 12 12,758 75.256 1241,826 9.155 199.02.3 1.062,884 l J29.840 1.271.06? CRF.DITORS Amount% falling due within one year 14 1496.957} 1499.6731 NET CURRENT ASSETS 832.883 771.389 TOTAL ASSETS LESS cuRRET LIABILITIFS ].8.889 889.210 NET A.SSETS I,iK18,889 FUNDS Unrtstricted fund5'. General fund Designated Appeal% Fund 16 549,120 459.769 43?,732 456,478 I.IM18.889 889,?10 TOTAL FLNDS 889.210 The financial teMentS were approved by the Board ol TnLsiees and authOris for iksuc on 6th Augu8t 2025 and were igned on ils behalf by.. M Huiti)n - Trustre The noies form pan of these fjnrfillcial %iaiements Pag¢ O
ASTER FOOTLIGHI'S & GRAND THEATRE (A CHARIT ABLE INCORPOIL4TED ORG.4N15ATION CASH FLOW STATEhlENT ror the Ye Ended 31st tkcember 2024 2024 2023 Cash nows from vperatiTrg activitles Ca%h oenerJied frorti uperaiions Fun(L¥ (rsIerred from prior eniiiy 217J12 159.65? 732,341 Nei ¢<ibh provided by operating activities 217512 1.091.91)4 Cash flows frnm investing 2etiTritie5 Purch&se of (angible fixed Inle5( recei¥'ed {69.829) 31.9 {123.6941 85 Net cash used in inv¢siing aciiviiies (38570) Change in ¢$h rash eqlliv8leDts in the reporting period Cash and cash equiv4lents at the l)eginning of the reporting period 178.942 968,385 1.061 94.499 Cash and cash equivalents at the end of the rew)rting period 1241.826 1.062,1184 The notes form part of these fijwicial %iaiemenLS Page 7
LAliCASTF.R FOOTLIGHTS & GRAND THEATRE A CHARITABLE If*CORPORATED ORGANISA TION TES TO THE CASH FLOII, STATEfvIENT f r the Year Ended 315t December 2024 RECONCILI.4TION OF P¥ET IYcOlE TO NET CASH FLOW FROM OPERA TING ACTIVITIES 2024 2023 Net income for the r¢porting perlod1&5 per the Statement of Financial ActiTr'ities) Adjustments fDr: DepreLiation charges Interest reeeived InLrease in stocks DecreasellinLrea5el in debtors IDecrea5ellincru8e in credito I1979 157.269 5.873 131.259) 13.603) 123,767 (2.716) (9.1551 1198,0141 403,76.5 Net cash provided by operatio$ 217.512 359.653 ANALYSIS OF CHANGES IN NET FuDs Ai 111124 Cash flow At 31112124 Nel casb CJsh di bank and in hand 1.062 178,942 1,241.826 1,062 178,942 1.241,826 Tutal 1.062.8S4 178.942 The noies forni part of these financiiil ¥idiemenis Page 8
LANCASTER FOOTLIGHTS & GRAliD THE.4TRE IA CHARITABLE 1CoRPORATED ORGANISATION) NnTF.S To THE FlTr4Af4iCI.4L STA TEi¥IE%TS for the Yethr F.nded 31st December 2024 ACCOU,NTING POLICIES Basis preparing the r)nancial slatements The linanLial siaieinents of ihe ihariiy. which i.s a public inefil eniiiy under FRS I ()2. have been prepared in accorddnce wkth ihe Chari(ies 50RP {FRS Ill2} 'AccountLng dnd Reporting by Chariiies.. Staiemeni ol. Rwotnrnended Prnciict applicahle io Lh&iriiies preparin (heir (QuAl5 in accordance with the Financial Repuning Sidnddrd appli¢iible ill Ihe UK lind RepubliL of Ireland IFRS 10?) leffei1ie l January 20191.. FinanLial Reporning Siandard l(J2 The Finala1 Reponing Slandd JppliL&iblc in ihe UK and Republic of Ireland. and ihe Charilies Aci 2011. The fjnancial S[eMents imve been prepared utthr ihe his1ori¢ i(Jsi conveniion. Incom All incomt i% recognised in the Sthiemeni of FICial ALiivilies once the charity has eniitlement io the fund., it i.% prvbable that the income will to received ih¢ amouni can be me&sur¢d reliablv. Expenditure Liabiliiies atE recognised as cxpenditure as 400n as ihere is a l¢gal or consiruciiie obligtsiithn commiiiing the chariiy io Ihai expendiiure. Ll Is probable ihai a irdnsfer of economic benefiis will be required in selllemeni and (he amouni of the obligaiion can be Ynea5uied relirfibly. Exptndiiure is accounied for on an accrual% basis and Iw been classified under headings ihai aweuaie all co%t Itlaitd to the caiegory. Where cosis cannoi be direcily atiribuied to pariicular headings ¢h¢y have been allocaied io aciiviiies on a basis COTJSi51et)¢ wilh ihe use of resources. Tangible fixed assets Depreciaiion is proi'ided at the following annu raLe.s in order io wriie off edLh asset over 11% es1iTnaied useful life. Freehold property Plant and machinery Sty. Siraighr line on ¢051 ai i'arying rates on cosi Stock5 Stocks are valued ai the lower of cosi and nei realisable value. afier making allowance for obsolete and slow-moving iiems. Taxation The charity i% exempi from on IL¥ ¢htiriLthle ac(ivhiies. Fllnd afcountin% Ujiiestricied lunds can be u%ed in 1CoT<1nCe wilh Iht Lhariidble DbjeL(ives ihe discretion of Lhe Irusiee%. Restricted funds can QTJIY b¢ used for pJrtiLulJr re%iricied pur[m)S w'iihin the ()bjeLis of the chdflty. Resirictions arise when 8pecified by ihe donor or w'hen fund.s art raised for particul resiricted purpose.%. Further expl110 ol Ihe nalute and Pur[ of tach fund i.g included in ihe notes io Ihe fLnJllLial siaiernenis. Pension costs and other post-rtiirement benefits The chtY operai¢s a defined LnInbUli0n pcnsion seheme. Coniribuiions pavable 10 Lhe Charity s pension s¢heTne are charged to (he Stalemeni olFinancial Actii'ilie_% in the peri(xi to which ihey relaie. Page 9 ontinued...
LANCASTER Tr"OOTI.IGHT & GRAfD THEATRE IA CHARITABLE INCORPORATED ORGAN'ISATIONI NANCIAL STATEMENTS- continued 1st December 2024 NOTES TO THE F for Iht Year Ended DONATIONS AND LEGACIFS 2024 2023 t)onaiiuns Tax refunds LegoLies 1.574 1.625 2.836 1.55? 10,IMX> 3.199 14,389 OTHER TRADING AcfiviTIFS 2024 Fooilight% shows inLOTne Communiiy lei income Prof¢i0nal let income 117,779 33.804 274.5 128.369 242.79.5 425588 402.676 INVESTMENT INCOME 2024 2023 Deposii accounl inieresl 312>9 RAl>*lNG FUNDS RulsRg donations ad legacies 2024 Just giving charges Support LOSIS 216 J69,464 198 288.777 369ffj80 288.975 Oiher trading activltl¢s 2024 2023 B1 debis 1.92 Aggregale amoun 371,61M 288.975 Page 10 continued...
LANCASTER FWTLIGHT5 & GR.4ND THL.4TRE IA CHARITABLE lTrCORPORATED ORGATr¥lSATIONI NOTES TO THE F1Tr4ANCIAL STA TEfvIE%TS - CO1]nUed for the Ye4r Ended 315t December 2024 CHARITABLE AcfiviTILS COSTS Support LOSlS Isee note 71 Dkreci Totals Aiiiaieur performances Communiry and Professional Le(5 23.7S6 77,157 12,485) 21,271 77.157 l(M).913 (2.4851 98,428 SUPPORT COSTS Governdnce Maniigerneni Finance Tollils Ratsing donations and legacies Attjaieur perforniances 356J20 (2,4851 11.476 369,464 12.4851 353.835 1.668 11,476 360,979 TRUSTEES, REMLNERA TION AP4D BENEFITS There were no irustees. reffluneration or oiher benefits for Ihe vcar ended 3181 Decemb¢r 2024 nor for Ihe yedr ended 31si De¢ember 202_1. Trustees, expense5 There were no trufjtee%' expense.s paid for ihe Ye ended .Ilst December 2024 nor for the year ended 31st December 20?_1. STA Tr"F COSTS 2024 Wages and salaries SoLial curity COSLS Other pension cosls 18fi898 20.8S4 6,679 142.446 ?2.554 -s.458 214.431 170.458 The average monthly nllmber of employees duting the year w&$ (ullows: 2024 2023 Managemeni General Box Office MarketÉng 15 No employees received emoluments in exce55 of £fAI.(KX). Pagell coniinued...
LANCA.STER FOOTLIGHTS & GRAND THEA TRE {A CHARITABLE INCORPORATED ORGANISATlOli) TO THE FINANCIAL STATEMEP*TS- continued Year Ended 315t December 2024 io. COMPARA TIVES FOR THE ST ATE%IENT OF FINANCIAL ACTIVITI&S Unrestricted funds INCOME AND ENDOWMENTS FRO] Donations and legacies Other irading activitie4 lllve51meni incotnc Oiher inLoffle 402.676 85 123.6i19 T4btal 540.7.59 EXPENDITURE ON Rdi%ing lund% 288.975 Charilable activlties Amdieur peifumances Commyniiy and Professional Leis 69.079 Total 383.490 NET INCOME Funds trnnsftrred from prior entity 157.269 732.341 Net movemeDt in fund5 1189,610 RECONCILIATION OF FUNDS TIXal funds broughi forward 1400) TOTAL FUNDS CARRIED FORWARD 889,210 Page 12 continued...
LANCASTF.R FOOTLIC.HTS & GRAND THEATRE (A CIIARIT ABLE INCORPORA TF.D ORC.ANIS.4TION NOTES TO THE FINANCIAL ST.4TE%qENTS- continued fur the Year F.ndtd 31st Deeember 2024 TANGIBLE FIXED ASSETS Freehold propeny Plani and machinery Totals COST At l St Janudry 2024 Addiiiun 97.198 26,496 69.829 123,694 69,829 At 31 $1 Dece)ber 2024 97.198 96,32S 193,523 DEPRECIA TIO At 1st January 2(rfr4 Charge for ye 4.860 1.013 6,784 SI73 11,644 Ai 31 si December 2U24 9,720 7,797 17 NET BOOK Tr'ALUE At 31 si December 9024 87,478 8&528 170,IK16 Ai 3 1st December 21f23 92.338 25,483 117.¥21 STOCKS 21124 202.3 13. DEB TORS: AMOUNTS FALLING DUE WITHif¥ OYE YEAR 2024 2023 Oiher debiors Piep<lyiTJeni 56J59 1&897 188.915 10.088 75.256 IW.023 Page 13 continued...
LATr*CASTF.R FOOTLIGHTS & GRAND THEATRE IA CHARITABLE IliCORPORATED ORGANISATION) TES TO THE FINANCI.4L STATENIENTS - contittued r the Year Ended 3Jst Detember 2024 14. CHEDJTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade crediiors Taxation and s(Kial security Other creditors 10.765 3J21 482.671 19,345 2.695 477,633 496.957 499.673 15. LEASING AGREEMENTS There 1% a COTnmiimeni LO renial of a .%lvrage unii. under a 20-year lease Irotn 1511211022. ending on 1411212042. The reni Lharges Jre £12.0 per year. plu% insuranLe. There 14 also a commiimenL io pay reni io Lanc&4ier Ciiy Cuuncil for Ihe pan of the Theaire Car Pdrk owned by Lanca4ier City CuunLil and held under an expired lu%e by the tru%iees of Lancasier Fooilighis 150942f I, Ihe commitmeni io pay renl io Lanc&ster City CounLkl having teen assumed by the CIO and which has been accepieil by Lanc&ster Cii), Council. 16. MOVEfvIENT IN FUNDS Nei movemeni in fun(L8 Ai 31112124 Ai 111124 Unreslrict¢d funds General fund Designui¢d Appeals Fund 432.732 456A78 116J88 3291 549,120 459,769 889.210 119,679 J (MI8 889 TOTAL FUNDS 119.679 I.INI8,889 Ncl moveTrent in fun¢l%. includ¢d in the atrM)v¢ are as follows- Incoming rewurces Resource5 expended Movemellt In fullds Unrestric¢ed funds General lun Designated Appeals Fund 586,416 3.291 1470,0281 110.388 3.291 589.707 1470,028) 119,679 TOTAL FUNDS 589,707 1470 119,679 Page 14 continued...
LANCASTER FOOTLIGHTS & GRAND THEATRE {A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31st Dteember 2024 16. MOVEMENT IN FUNDS- ¢•ntinMed Comparatives for moyement in Nei moYein¢AI in funds Triln.¥fe from prior ¢nEjIy 31112121 Unrestricted funds General fund Designaid Appe218 Fund 14(M)I 144..i.f4 12.915 288.778 432.7.3? 456.478 (4(K)I 157.269 732.341 889,210 TOTAL FUNDS 14(XJl 157.269 732,341 889.210 Comparaiive nei movement in funds. included in the atrx)ve ate 415 follows.. Incoming Te.wurces Re%ources expended oNetnent in funds U(Jrestrlcted funds General tund Designated Appea15 Fund 527.646 1383 ?921 11981 540.759 383.4901 1.57,?69 TOT AL FUTr4DS 1383,4901 157.?69 A curreni year 12 months and prior year 12 mon¢hs combined Wttiiiion is follow5.. Nei movemeni in funds Tran5fer% frDin prior enlity At -11112124 Ai 111123 UDrestricted funds General fund Designated Appeals Fund 14(Kl) ?60.742 88.778 443,563 549.120 459.769 14(N)I 276.(M8 732.341 1.008.889 TOTAL FUNDS 14(M)I 276.948 1,008,889 Page l.$ continued.-.
LANCASTER FOOTLIGH GRAfD THEATRE IA CHARITABLE IPCORPORATED ORGANISATIONI NOTES THE FJNANCIAL STATEMENTS- colltsnued for the Y r Ended 31st December 2024 16. MOVEMENT IN FUNDS . conlinued A curreni year 12 month5 and prior year 12 months combined nei movement in funds. inclvded in the above dre rollows.. Incoming resources R¢sOue5 expended Movemeni in fund Unrestricted funds General lund Designaied Appea15 Fund 1.114.(K)9 16.4( {8.53.3201 11981 26.742 1.130.466 1853.518 276.948 TOTAL FUNDS 1.170.466 185?_fi 181 276,948 17. RELATED PARTY DISCLOSURLS The only relaied pany ib the prior unincorporaied eniill. Ldnc&sicr FooilighL% (Chariiv Registratson No. SQ94?.5} from which Ihis CIO 15 iaking over. The Iransfer ol &%seis and operdlions t.% anticipa(ed to be complete by the nexi 'ear end and there w&$ £55.fAX) due frorn the prior eniiil a( Ihil yeat end. Pagt 16