Charfty r•gl¥tratloM n￿nber 1199962 IEn&48nd ond Wal•sl Company rnglstratlon n￿7b￿r CED29902 SHAKESPEARE TEMPERANCE TRUST CIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 SHAKESPEARE TEMPERANCE TRUST CIO LEGAL AND ADMINISTRATIVE INFORMATION Trustees P Herring FH*I M Leonatd G Wlczek F D8vis J Pikesley K Mthitfiekl (Apwnted 22 July 20241 S•cr•tsry Chartty num￿1 (England and Wale81 119W2 C gov•manc• arnl nwiaymert Shakespeare Temperance Trust CIO is a regSte￿ charity. number 1199￿2. aThJ is ￿￿8¢rtUted undw a Charitable Inwpor8led Organisab"on {CIOI Foundation Constitution. Charity constitution The govemance, management and administration offv charity is the ￿sponS￿￿ of the Iwslees. The trustees, who are also ihe (firector5 pwpjse ofcwmny law, and wlx) se￿1 iknring the year and up to the date of signature of the finanfy81 statements were.. P HerriNJ (Appointed 22 Juty 20241 F Hall Leon3rd G Wilczek F Davison J Pike51ey K ￿1th¢kI Otherm8tt8rs Rlsk managemont The Twstees plan to rewew the ¢oThJition al￿ managema)t of the premises and ils fa¢ilrtie5 in order to under8land risk and improve the tsolities with a view to safeguarding In￿)m￿ over the lorger term in a changing high street and ctynmercial prop8rty maikel. The trusteès are devdopiro a fum risk rg3iSter will be erWd8d into thp organi¥alion. T￿$ will b• adopted in the (￿rrent financial year. SHAKESPEARE TEMPERANCE TRUST CIO TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The tnjslees. re was approved by the Boarrl of Trustee8. M Leonaid Trn$tee 7 Novernber 2025 SHAKESPEARE TEMPERANCE TRUST CIO INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF SHAKESPEARE TEMPERANCETRUST CIO I report to the trustees on my gxaminalion of th¢ ffin￿ThI Stat￿rtts of Shakespeare Temper•n¢e T￿￿t CIO {thg di¥ityl forthÈ yèar ended 31 March 2025. RosponsibilitI￿ and basis of report As the truslee$ of the charity land also ils dIred￿ for the purposes of f)Thpany I￿), you are resp￿nsIble for the prepar8tic￿ ofthg financial statements in aC£rKdar￿ wilh the requirementsof Ihe CofN)8nÉ&sA¢l 2￿fj. Having satisfied my8eM tha¢ the financial slatemwts ol Ihe are ncl wuired to be #￿ited uThJer Part 16 of the Compani8s Act 2CKJ6 are eligble for independent Èxamination, I rep(wt in respect of my gxamination ol the ¢harity's finaneial statements ￿ffled out under secticffl 145 of the Ch8rrtiosAct 2011. In eArrying OLrt my examination I have followed Ihp Dirgcti￿$ given by the Charity Ccxnmission under seLaim 14515)Ib) of thè ChariliesA¢t 2011. Indep•ndgnt examlnorfs statsment I have compl6ted my examinalKJn. I confirm matt8fS have c4)me to my attert￿ in (x)nn¢d1C￿ with the examination giwng me cause to believtr tl*t in any Mat￿1* respect.. accounting records were not kept In fespeca of the chaiity as rewir¥J ty SeL*.￿ 386 of the Companie5 A 2006 the ffinancAal statements Ik) not a¢xord wilh those records" the financial statements do not comply with the ￿￿(￿ntir0 requiremrnts of section 3￿ of the Companie8 Act 2006 other than any ieqtmrement that the finarK¥al *at￿nts &M¥e o arKI fair vi6w. vA)Mth is not a matter considered as part of an indepèndwth exarrNnatpJn', or Ihe fin*)¢ial statements have not been pfepar•l in accordan￿ ￿th the methods and prin¢ipl¢s of the Statement of Recommended Pr*tLce for acojuniing and roportiro by ch¥ibas applicablo to charitie$ preparing their finarKaal statements in ar£ordw *tyth the Financial Rery)rtYw StsrKlard applicable in the UK and Rèpublic Df Ireland (FRS 1021. I have rK) c￿CernS and have oyne *ross r¥) oiher mattÈrs in conr*dicffj exanination to which attention should be drawn in this report in order to enable a prcw under3tarKlirwJ ofthefinantsal statements to be reached. RMT Ribchostsrs Flnchale Hous Bglmont Busln8ss Park Durham DH11TW D81e'. SHAKESPEARE TEMPERANCE TRUST CIO STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unr•strtcted Unrgstrlctqd lunds nd$ 2025 2024 Incomè and ondowmonts from: Donations and legacies Inve8lmnts Other In￿Me 2.200 88,440 18.693 968.677 40.223 Total In¢om• 109,333 1.008.900 Expondlture on: Raising fvnds Charitable actrvitse$ 44,398 37,642 16,086 25,688 Totsl exp•nditwe 82,040 41,774 Net gains]Ilosses) on investrnents 12 19,305) 29.301 Net In¢om• and moywnent In funds 17.988 996,427 R•conciliatlon of funds: FLJnd balances at 1 April 2024 996.427 Fund balon¢gs at 31 March 2025 1.014,415 996,427 The statement of financi818¢tiwlies indu¢Jes dl garns and h)sye$ re(%￿ls9d in ihe year. AU irwjme and expen&rtu derive from continuing aclivities. SHAKESPEARE TEMPERANCE TRUST CIO BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notgs Flx•d oSS8ts Invèslm&nt prop Investments 13 14 627,iN)5 334.456 627.005 346,80S 1,461 973,811 Curront a888ts Debtors Cash at bank and in haNI 15 3.051 58.173 4.415 ,128 61224 26,543 Creditors: amounts fAllthg du• *thin on* yoar 16 (82701 (3.927) Net curront aswts 22,61S Totsl a$s•ts I￿$ currnnt Ilabllltles 1,014.415 996.427 Tho fvnds of the charity Ur*estricted funds 18 1.014.415 996,427 1.014.415 996,427 The coryany is enlilled lo the exeMptiC￿ from the authl requiranent t4Jnl•oY in sedion 477 ofltr* c￿Par1e5 Act 2006, for the year ended 31 Marth 2025. The directors acknowledge their responsibilities for c(￿Ing with the requ¥ements of tt* C(*npani&s Act 2CI)6 with respect to accounb.ng records and the preparation of financi￿ $t8temenls. The members have not required Ihe c4MWy to ￿di1 of ils final￿4 st*ments for the year in question in accordance with se¥lion 476. These finarKial ststemonts have been prepared in atr>ydaK8 with thè provisions appliCa￿e to compan￿8 subje to thè 8mall companies regi￿￿. The fin8noal statem8nts appyoved by the Irustees on 7 November 2(￿5 M Leonard Company registration rKJmt¢r CE029W2 (E￿land arbj Wthte5} SHAKESPEARE TEMPERANCE TRUST CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Acc¢￿￿tIng poli¢ios 1.1 Ba$1$ of preparation The finanaal statements have been prepared in a¢zordan¢e wth d)aty's goveming docLThent the Charities Art 2011. FRS 102 Tr Finanoal Re￿knn9 StarKlard app￿￿b￿ ￿ the UK and Republic of Ireland" anrj the Chaiities SORP "Attounting and Rel￿ting by Charities. Slatement of Re(x)mmended Practice applicable to charitigs preparing t￿1r ac(xxJn15 ￿ ￿rICe ￿th the Finantral Reporting Standard applicable in the UK arKI Rewblic of IrdaThY (FRS 102)-. Thtr tharity is a Publ"c Benefit Entity as d8fined by FRS 102_ The charity has taken advant*¥ I￿o￿510￿S in the SORP foT tharilies to prepare a st8tèment of cash flows. The financial statements arè prepared in slerling, whrth is the fvndth)nal currency of th• charity. Monetsry amounts in these finarKial 31atements are nmjnded to the r*aresl £. The finanual stateThents have been prepa￿￿ un(leT the historical oist cnrNeThti￿, (modified to +ndude the revaluation of freehold prop8rtr8S to indude investment properties and certain fin￿cIal instruments al fair value). The principal aC4x￿mInj Ohies aJJWed aw set (Krt bek)w. 1.2 Going concom Al the time of appTovin9 lh¢ financial statem8nts. the Irustee$ have a reasonable expectati￿ that thè Charity has adequate ￿$￿UlGe5 lo oJnttr#Je in 0￿rat[on￿ extsteTh2 for the foreseeable fvture. Thus the tntstees Contin￿ to adopt the wn9 concem ba*8 of aCL4)unting in wepwmg the fina￿la1 statements. 1.3 Charftablo funds Unrestricted funds aro a¥a￿a￿e use at th• dist*￿) of the tr￿teeS in furtherance of thejr charita￿e objectNe$. Reslricte(I funds are subjéd to spea'fsc t>)fKIitK)ns by ot 9fartors as to how may b• used. Th purposes aThJ usgs of the restricled funds are set (￿rt in note5 to the financial Stat￿ents. 1.4 In¢ome Income 15 recognised when the thaiity is legalty enliiled to rt after 8nyperh)rnMThx c>)ThJitw)n$ h8vo been met. the amounts Isn be measured rdiabty. and it is tt￿t incunewll te recaved. C8sh donations are recognised on Oll*r ¢SJnth'orts are rec1￿1￿￿￿ once the tharity has beon notified of the donation. Un￿55 perbmiance ojnditions rewire deferral of the an))unt. Income lax reojverable in relation to donations recEived under Grft￿"d or d*Y$ of Covenarrf is re¢ogni8ed at the time ofthe donats'on. Legacles are recognised On receipt or otheTh+ise if the tharty ha3 been notified of an impending distribution, the amount is kntywn. and receipt is expected. If the amcth is ntst kncwn. the legacy is Irealed as a contingent assat. 1.5 Expenditure Expènditure is recognised once there is a legal or ti)nslTLKlive 0￿19￿tIOn lo transfer ecor￿mi¢ benefrt lo a third party, it is probaEle that a transfer of ￿onoMiC t*nefits will be requkyed in setuemenl. and the am0￿1 of th8 obligation can be Measu￿ ￿ll￿ty. ExpeThJiturè is cla$*fied by The ctssls of are rnade up of total of direc* costs aThJ shared ¢tssls, induding supK¥Jrt (osls rrwow in urnlertaking thity. Dwed costs attrilxrtat4e lo a Bingle activity are allocated directly to ihat activity. Shared costs whth to more than one actimty and support ryJ transxbon, where the transaction is moasured at ts present value of thè future rec8pis discWnt￿ at a nwk•t rale of inlwest Finanoal assets clawfied as receivable *ithin one year a￿ not aryKxlised. Baslc finan¢l81 Ilabilities 888ic fina￿la[ li*dities, induding creditors and bank loarts a￿ irritially re(rynised at transaction price unles8 the arrangement ¢onstitute8 a financiw tran$￿tIc￿. where the debi ￿StruMent is measured at the pres8nl value cl the fLrture p3ym8nts discounted at a market rate of intorest FIna￿la1 liabilib.es dassif*ed as payable within one year are amrtised. Debt 1nstrurTW￿S are wbsequenlty Carried at an￿1[$￿ cost, ugThJ the effe(*ive umerest rate mathod. Trade c¥e(6tfNS are obligations to pay for gocrfls or ser¥i¢es that h>￿ Iwn acquired in the ordinary COLKse of opwaiKn5 from suppliers. Amounts payable are dassified as ￿r￿￿t 1wbil1t￿ts if payment is dL>e within one year or less. If TK)l. they ar? presented as nor*-￿r[￿t Ikaknlilies. Traje creditor5 are re￿gniSed ini￿allY 8t transaction w¢e and subse¢wenUy measured at anwNti5ed Cost usirg the offedive interest mèthod. Derecognltk)n of financlal liabililies Financial liabilrties are fJerwnise¢J when th￿Ity's Contractu￿ djligats.ons expire or a￿ discharged or can￿lled. 1.10 Taxation The tharity is exemptfrom taxab￿ on ils *iwiies because all its I￿orne is applied lor d)arrtable purrK)ses. SHAKESPEARE TEMPERANCE TRUST CIO NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 MARCH 2025 Crftleal a¢¢ounting ostimat•s and]IKJwwnts In the application of the tharity's aecounbng FdKies, th¢ tru*ees arp requtred to make jUdgen￿ts. 8slimale$ and aSsLJmpts'c￿S abC￿t the ¢8rying amount of assets and h"abilibes that arg rk)t readAy apparent from other sources. The esth'mate$ and assoLiated a$surr￿tIOnS are base(l on historical exFeri&￿ and other factors that ar• considered to b8 ￿le￿nI. Act￿ results may differfr￿n Ihese estimates. The eslimatss and ￿lerty1r@ a8sumFlws are on an wng bass. ReMsicsn$ lo accounting estimates are recognised in ts pericxl in whieh the 05timate is re￿Se