REGISTERED COMPANY NUMBER: 00410481 (England and Wales) REGISTERED CHARITY NUMBER: 208710
ELTHAM LITTLE THEATRE LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA
ELTHAM LITTLE THEATRE LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 July 2025
| Page | |||
|---|---|---|---|
| Trustees' report | 1 | to | 3 |
| Independent examiner's report | 4 | ||
| Statement of financial activities | 5 | ||
| Balance sheet | 6 | to | 7 |
| Notes to the financial statements | 8 | to | 15 |
ELTHAM LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00410481)
TRUSTEES' REPORT for the year ended 31 July 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The purposes of the charity are as follows;
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Providing a home for the arts of the theatre, drama, music, the cinema and any cognate of allied arts, to make these available to the public and to develop the cultural welfare of the community.
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Maintaining the venue and providing facilities for the theatrical mounting of productions
Significant activities
The charity undertakes various fundraising activities in order to raise additional income to keep ticket prices to a minimum.
In order to achieve the objectives of the charity the trustees have employed the following strategies;
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presenting a range of in-house productions which can be enjoyed by wide population of the local community.
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offering opportunities for people to get involved with the theatre as volunteers in a wide range of activities
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making the theatre available to other theatrical organisations for a hire charge, which allows essential maintenance of the theatre.
Through our strategies we endeavour to encourage all within the local community to take part in and benefit from activities.
Public benefit
In reviewing our objectives for the current year the trustees have considered the Charity Commission's guidance on public benefit and fee charging. The theatre relies significantly on the income from ticket sales to cover its operating costs and maintenance of the theatre, however the trustees give careful consideration to those on low incomes when setting the level of ticket prices, concessions and all off peak discounts.
The Charity also undertakes various fundraising activities in order to raise additional income to keep ticket prices to a minimum.
Volunteers
The charity is totally dependant on the services of volunteers except for the clerical officer and cleaner.
FINANCIAL REVIEW
Investment policy and objectives
It is the policy of the charity to utilise a majority of the incoming resources in the short term for the furtherance of the charity's objectives, as a result there are a few funds for new long term investment. The charity does own the freehold of the theatre which ties up most of the available reserves of the charity. This is maintained to a high standard in order to preserve and enhance the value of this investment.
Results
During the year theatre production income amounted to £72,317 an increase of £4,936 from 2024. The deficit for the year amounted to £13,486 (2024:£1,563 deficit) after deducting depreciation charges of £38,254 (2024: £37,832).
Going concern
The trustees consider the charity to be a going concern due to the fact there is approximately £169,000 in the bank.
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ELTHAM LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00410481)
TRUSTEES' REPORT for the year ended 31 July 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Eltham Little Theatre Limited is a company Limited by Guarantee (company number 410481) and a registered charity (charity number 208710). The company was incorporated on 14 May 1946 under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association, as amended 22 June 1949, 20 June 1988, 23 October 2000, 24 September 2003 and 3 October 2005.
Recruitment and appointment of new trustees
The directors of the charitable company (''the Charity'') are its trustees for the purpose of Charity Law and are represented by the Chairman, Treasurer and Secretary of the board of management. As set out in the Articles of Association, if there is at any time a vacancy in the membership a new member may be appointed by the members in a general meeting.
Organisational structure
The Charity's board of management is currently made up of 9 members who meet regularly and are responsible for deciding the strategic policy and direction of the charity.
There is a scheme of delegation in place whereby the day to day responsibility for the charity and the responsibility for ensuring the long term objectives are met rests with the Chairman, Treasurer and Secretary.
Induction and training of new trustees
Most new members of the board of management are already familiar with the practical work of the charity, having been involved with it for a number of years. They also undergo a short training session whereby they are familiarised with; the obligations of the board of management, the main documents which set out the operational framework of the charity including the memorandum and article, the current financial position and future plans and objectives.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
00410481 (England and Wales)
Registered Charity number
208710
Registered office
Wythfield Road Eltham London SE9 5TG
Trustees
Mrs J M Sims Retired (resigned 15.11.24) J F Goodwin Retired J E Shepherd Retired D R Barefoot Hon.Chair (appointed 15.11.24)
Company Secretary
J E Shepherd
Independent Examiner
Paul Allan BSocSc FCA Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA
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ELTHAM LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00410481)
TRUSTEES' REPORT for the year ended 31 July 2025
REFERENCE AND ADMINISTRATIVE DETAILS Members of Board of Management as at 31 July 2025
| D Barefoot | Chair |
|---|---|
| J Shepherd | Secretary |
| J Goodwin | Treasurer |
| D Hinchley-Robson | |
| J Nolan | |
| P Martin | |
| C WilliamsE Meyers | |
| S Chapman | |
| D Mott | |
| A Hutchinson |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 17 April 2026 and signed on its behalf by:
D R Barefoot - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ELTHAM LITTLE THEATRE LIMITED
Independent examiner's report to the trustees of Eltham Little Theatre Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Paul Allan BSocSc FCA
Berringers LLP Chartered Accountants Lygon House 50 London Road Bromley Kent BR1 3RA
17 April 2026
Page 4
ELTHAM LITTLE THEATRE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 July 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Charitable activities 5 Subscriptions Charitable activities Other trading activities 3 Investment income 4 Total EXPENDITURE ON Charitable activities 6 Charitable activities Other 8 Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 1,018 3,600 134,676 41,434 2,829 183,557 125,050 71,993 197,043 (13,486) 1,239,302 1,225,816 |
Restricted fund £ - - - - - - - - - - - - |
2025 Total funds £ 1,018 3,600 134,676 41,434 2,829 183,557 125,050 71,993 197,043 (13,486) 1,239,302 1,225,816 |
2024 Total funds £ 628 3,185 133,815 36,690 2,682 177,000 112,356 66,207 178,563 (1,563) 1,240,865 1,239,302 |
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
ELTHAM LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00410481)
BALANCE SHEET 31 July 2025
| Notes FIXED ASSETS Tangible assets 13 CURRENT ASSETS Stocks 14 Debtors 15 Cash at bank and in hand 16 CREDITORS Amounts falling due within one year 17 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 18 Unrestricted funds TOTAL FUNDS |
Unrestricted funds £ 1,059,413 1,529 8,313 169,250 179,092 (12,689) 166,403 1,225,816 1,225,816 |
Restricted fund £ - - - - - - - - - |
2025 Total funds £ 1,059,413 1,529 8,313 169,250 179,092 (12,689) 166,403 1,225,816 1,225,816 1,225,816 1,225,816 |
2024 Total funds £ 1,087,153 1,131 9,428 154,423 164,982 (12,833) 152,149 1,239,302 1,239,302 1,239,302 1,239,302 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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continued...
ELTHAM LITTLE THEATRE LIMITED (REGISTERED NUMBER: 00410481)
BALANCE SHEET - continued 31 July 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 17 April 2026 and were signed on its behalf by:
D R Barefoot - Trustee
The notes form part of these financial statements
Page 7
ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Critical accounting judgements and key sources of estimation uncertainty
In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on the historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Going concern
The trustees have reasonable expectation, giving consideration to the worldwide coronavirus pandemic (COVID 19), that the charity has adequate resources to continue for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Straight line over 50 years Improvements to property - 10% - 20% on cost Plant and machinery - 7.5% on reducing balance Fixtures and fittings - 7.5% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
continued...
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ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
1. ACCOUNTING POLICIES - continued
Fund accounting
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| Donations and grants 3. OTHER TRADING ACTIVITIES Bar, coffee, confectionary and merchandising income 4. INVESTMENT INCOME Investment income 5. INCOME FROM CHARITABLE ACTIVITIES Activity Other income Subscriptions Theatre productions Charitable activities Other income Charitable activities 6. CHARITABLE ACTIVITIES COSTS Charitable activities |
|
|---|---|
continued...
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ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
7. SUPPORT COSTS
8.
| Management £ Other resources expended 19,523 Support costs, included in the above, are as follows: Management Insurance & licenses Postage, Stationary & Phone Sundries Travel & subsistence Finance Bank charges Governance costs Accountancy and legal fees OTHER Depreciation Support costs |
Governance Finance costs Totals £ £ £ 4,452 9,764 33,739 2025 2024 Other resources Total expended activities £ £ 10,735 10,532 7,021 6,046 1,729 1,086 38 25 19,523 17,689 2025 2024 Other resources Total expended activities £ £ 4,452 2,663 2025 2024 Other resources Total expended activities £ £ 9,764 8,023 2025 2024 £ £ 38,254 37,832 33,739 28,375 71,993 66,207 |
Totals £ 33,739 |
|---|---|---|
| 66,207 |
continued...
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ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 38,254 | 37,833 |
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.
11. STAFF COSTS
| Wages and salaries | 2025 £ 14,095 14,095 |
2024 £ 13,377 |
|---|---|---|
| 13,377 |
The average monthly number of employees during the year was as follows:
| Administration No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Subscriptions Charitable activities Other trading activities Investment income Total EXPENDITURE ON Charitable activities Charitable activities Other Total |
ACTIVITIES Unrestricted funds £ 628 3,185 133,815 36,690 2,682 177,000 112,356 66,207 178,563 |
2025 1 Restricted fund £ - - - - - - - - - |
2024 1 Total funds £ 628 3,185 133,815 36,690 2,682 |
||
|---|---|---|---|---|---|
| 177,000 | |||||
| 112,356 66,207 |
|||||
| 178,563 |
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
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ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
| 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 13. TANGIBLE FIXED ASSETS COST At 1 August 2024 Additions VAT adjustment At 31 July 2025 DEPRECIATION At 1 August 2024 Charge for year At 31 July 2025 NET BOOK VALUE At 31 July 2025 At 31 July 2024 |
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 13. TANGIBLE FIXED ASSETS COST At 1 August 2024 Additions VAT adjustment At 31 July 2025 DEPRECIATION At 1 August 2024 Charge for year At 31 July 2025 NET BOOK VALUE At 31 July 2025 At 31 July 2024 |
ACTIVITIES Unrestricted funds £ (1,563) 1,240,865 1,239,302 Freehold property £ 45,000 - - 45,000 37,800 900 38,700 6,300 7,200 |
- continued Restricted fund £ - - - Improvements to property £ 1,223,946 2,057 (6,650) 1,219,353 302,562 24,499 327,061 892,292 921,384 |
Total funds £ (1,563) 1,240,865 1,239,302 Plant and machinery £ 133,219 14,789 100 148,108 75,237 5,307 80,544 67,564 57,982 |
|
|---|---|---|---|---|---|
continued...
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ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
13. TANGIBLE FIXED ASSETS - continued
| 13. | TANGIBLE FIXED ASSETS - continued | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | Computer | ||||
| fittings | equipment | Totals | |||
| £ | £ | £ | |||
| COST | |||||
| At 1 August 2024 | 158,339 | 25,822 | 1,586,326 | ||
| Additions | - | 216 | 17,062 | ||
| VAT adjustment | - | 2 | (6,548) | ||
| At 31 July 2025 | 158,339 | 26,040 | 1,596,840 | ||
| DEPRECIATION | |||||
| At 1 August 2024 | 78,302 | 5,272 | 499,173 | ||
| Charge for year | 6,002 | 1,546 | 38,254 | ||
| At 31 July 2025 | 84,304 | 6,818 | 537,427 | ||
| NET BOOK VALUE | |||||
| At 31 July 2025 | 74,035 | 19,222 | 1,059,413 | ||
| At 31 July 2024 | 80,037 | 20,550 | 1,087,153 | ||
| The VAT adjustment is a result of the charity becoming VAT | registered in 2019 and | making pre-VAT | |||
| registration claims. | |||||
| 14. | STOCKS | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Stocks | 1,529 | 1,131 | |||
| 15. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Trade debtors | 98 | 139 | |||
| VAT | 1,956 | 2,155 | |||
| Prepayments and accrued income | 6,259 | 7,134 | |||
| 8,313 | 9,428 | ||||
| 16. | CASH AT BANK AND IN HAND |
continued...
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ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
16. CASH AT BANK AND IN HAND - continued
| Cash in hand Bank account no. 1 Bank account no. 2 Bank deposit account Total 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Accruals and deferred income 18. MOVEMENT IN FUNDS At 1.8.24 £ Unrestricted funds General fund 1,239,302 TOTAL FUNDS 1,239,302 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 183,557 TOTAL FUNDS 183,557 |
2025 Total funds £ 1,090 5,301 118,214 44,645 169,250 2025 £ 9,529 53 2,426 681 12,689 Net movement in funds £ (13,486) (13,486) Resources expended £ (197,043) (197,043) |
2024 Total funds £ 811 2,978 106,797 43,837 154,423 2024 £ 8,680 419 2,040 1,694 12,833 At 31.7.25 £ 1,225,816 1,225,816 Movement in funds £ (13,486) (13,486) |
|||
|---|---|---|---|---|---|
continued...
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ELTHAM LITTLE THEATRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2025
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.8.23 £ Unrestricted funds General fund 1,240,865 TOTAL FUNDS 1,240,865 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 177,000 TOTAL FUNDS 177,000 |
Net movement in funds £ (1,563) (1,563) Resources expended £ (178,563) (178,563) |
At 31.7.24 £ 1,239,302 1,239,302 Movement in funds £ (1,563) (1,563) |
|
|---|---|---|---|
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2025.
20. LIMITED BY GUARANTEE
The company is Limited by Guarantee and as such any profits are to be retained by the charity.
21. CONTINGENT ASSET
The 2019 VAT registration of the charity gave rise to VAT refunds provided for in this set of accounts. Further VAT refunds will be released at a rate of the annually calculated partial exemption percentage of the maximum reclaim of £12,521 per annum for the remaining 3 years as per the VAT Capital Goods Scheme. This has been agreed with HMRC, but to be prudent the adjustments will be made in future financial statements upon receipt of the refund.
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