BLACKFRIAR.S ARTS CENTRb. LIMITED (Limited by Guarantee} Company N'o 00702834 Charity No 228391 (Lngland and Wales) DIRECTORS, AND TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2Q25
BLACKFRIARS ARTS CENTRE LIMITLD COMPANY INFOILMATION FOR THE YEAR ENDED.11 MARCH 2025 Dii'ector.s for the pui'posos of thc conipg11iN Act being- Directors and"I'rustee.$ acting as tho Couiicil of M2na2enient Ilobci'l Baicllly - chaii.tnan Charles Aull- Ai)p()inlcd 2510912024 Mrs Eli7.abeih Jolinson- Rcsigned 2510912024 Paiil Gilx8on John Jack.%oii F)8vid Cii8nl Adrian Recd Aiinetle Stcwait Jocelyn Lawman Daiiiel Poulson. Appointed 2510912024 Ila¢hcl Rowctt- Appoinied 2510912024 Company Number 00702834 {Eiigland and W81cs) Clillyity Numbei. 228391 Ilegi$tered Oftice Spain IAne Bostoi) LiiiLuIA%liiie PE216blP Independent Ir xaininer Nfj's Nicola Michellc L£nion FCCA Dexter & Sliarpc Chai'teied Cei'li fied ALLouiiiants Tlie Old VIcarae Cliui'cli Close Bosto PE216NA Ilankers HSEIC Rank PIC 5.7-54 Marl(eL Place Boston Lincolnshii'c PF.216LS
BLACKf,RIARS ARTS CENTRE LIMITED COD4TENTS FOR THE YEAR ENDED 31 MARCH 2025 Directors, & TruseS, Report Independent ExaiDiner's Report Staiement of Financial Activities Balance Sheet Cashflow Statement 9- 10 Notes to the Accounts
BLACKfRIARS AR"rs CENTIIE I,IMITEI D DIRLCI'ORS, AND TRUSI'EIS, PORT F()R I'Hf YLAR LNDLD 31 MARCH 2025 The dircLr5 wlio are Irustces pi'esent tlicii. repoit aiid accounts for the yeai. cnded 31 MJr¢h 2025. Structure, GovLI'iiaiice M8nageillLJnl Constilution 13ckfriais Arts. Ceiitrc is 11 ¢ompi1ny liiiijteil by guai8niec goveriicd by its Mciiioiandum and Ai'(iclLS or Associatson (Coinpany niiinbci. 007028341. It is IEgistcicd as a chai'ity with tlie Lharily Coinmissioii INiiii)hci" 228391) Direciors aiid ii'usLees Tlie diiectoi.% oftlie cliaiitable coinpany Itlio cliai'ily) al'e its ti'usiee.$ for the purpose ofcliaiily law. The Irust¢es al'c detailcd on page l. ointnicijt of trustees As sct oiit iii the Articles of AssoLiation, additional ts'ustees can b¢ co-optcd on the board whcii it sc¢s fit. Truslee induciion and traiiiin New tru8tces undergo an orientaiioii day to brief them their legal obligations under chariiy and cojiipany law, Ihe Cliarity c.oniiiiissioii guidaiice oli public l)enefit. conienl of il)e Menioi'ai)duni and Articlcs of Association, the eoillmittec aiid decision-liiaking proc¢.%.8cs, the business plan and receiit fjiiancial perfoi"mance of tlie ehai'ity Obj¢cts of thc Ch#iity Tlie cliai'ity's objects and priiicipal dctivily continues to be tl)at of pre5ei.ving and In&intaining th¢ Doillinican Friai'y in Spain Lane, Bosioii, Lineoliisliire as a cultural centt'e and Lo proiiii)te, maintaili. illlPTove and advance educatioii pai'licularly by (lie pi-oduction of educiltional play5 and tlie encouiageinent of ihe art%, including tlie arts ocdrama, Iniiiie, daiice, singii)g and niusic, iTriid to foni)ulaie, pi'cpare and esiablisl) %cliemes. Wc liave icfcntd to the guidaiice contaiiiLd in thc Charity Comniisslotk's geiieral guidance oli public beii¢fit whcn I'cvicwiiig OilT aiin anil objeclives aiid iji planning our Cuturc èL¢tiviLies lil Pc111icular, the ii'us(ees eOllsid¢r l)ow pla[ed aclivities will contribute to the aims and objcctives tlicy l)avc sLt. Our chaiitablc activitics aie in&isnly pi-ovided to the ie.%idellts nt'Lin¢ulnsliire. We aiin to pi'i)vidc ali oppot'tiinily lo eiial)le cliildi-en and adiilL% LO experience ayt aiid ciiliui'e and io fui'iliei- oui. cliarithble iiiirpos¢s r(Tri' Ilie beiiefil of the piibliL. l)rganisation The board conliniies to providc <1 widc sclectioii ofdniateiii" and pi'octssional #cts ul'such a ntl'C th&2t Iliei'c will be a higher IL?vcI of public intercst in all of iliL %erviLCS piovidLd hy Llic Cuiiiiidlly, dnd pi'ovide a i'easoiiable rctui'ii un its inv¢sLIiiLlit aiid soinc sucLLss li15 bcen iiicasui-ed in the rcsthlts for ihis fiiiaiicial yc&i-_ it is hoped la continue this iiito 2025. Tlic company lia5 rlic 5UPPOlt of inany voluiiieei-& iii tlie thcatrc and give8 tliank.s for tlieir support wliich tlie thcau'e would nol.%urvive. li is csiiinated tli&L Ilic valuc of volunlCCI' activily is 18,049 liaurs. wiiliout Cont.
BLACKFRIARS ARTS CENTRE LIMITED DIRECTORS, AND TRUSTEES, REPORT FOR THE YLAR LNDLD 31 MARCH 2025 CONT. Related p#rtie5 None of the trustees receive remLineration or Ollier benefit froin their work with the charity and any expenses re- imbursed ts) the iTUStees ai"e detalled within tlie notes. Any Connection between a tsustee of tlie chaTity witli a productioi) Company, contracted actor, performer or exliibitor niust be disclosed to the full 0.d of trustees in the same way any oihcr conts?ctual relationship with a i'elated Pty. Iii d)e c1t year no such related party transactions were rcpoi'ted. Blackfriars Arts Cents"e Ltd owns tlie whole of tlie issued sl)ai'e capital of Blackfi'iars Club Ltd. This company's Principal activity continues to be that of licensed victuallers at the Blackfiiars Arts Ceiitre premises. Blackfriars Club L'S principal objects are to provide fInancial and su¢li oti)ei' fornis of support as the directois tiiink fit to Blackfi'iars Arts Centie Ltd. Tlie coinpaiiy entei'ed into a deed of covenant whereby all its distributable profits were paid to Blackfri Ai'ts Centre Ltd, and as sucli. no dividends were payabl¢ by that company. The deed of covenallt now comes witl)in tile Gift Aid arrangertftts. During the Ye a loss of £93 was inade by tl)e Club ineaning Gift Aid of £20.97] was paid io the Arts Centre, (2024- £375 loss and Gift Aid of £10,059). Development, actlvltles and &ehlevemeThts this year Tl)e tru$tees continue to find ways to secure the fure of Blackfri2rs Art Centr¢ l.td. The management group is continuing to look at ways of providin(r fijnding witliout relying on grants from Boston Borough Coiincil. The interest fiEe loan from niembei's of tl)e public rdi8¢d rev¢nu¢ of £22,470 and is still outstanding. BlackfriaTS Arts Centre focus¢s on con¢ts and stage perforniances, froin both professioivdl acts and 8mat¢w' community groups. The pi'ogramme achiev¢s a mix to suit a l'ange of public tastcs, such as drama, ball¢t, usicaly, opeiz and tributc acts. At Christmas each yeat there is 8 pantomime, which was w¢ll atteiided this year. We l)ave finished our tl)ird year a5 aTt Arts Council England National Portfolio Organisation. We've made good progress with this over die l&st year. Future developments Th¢ board of Ellackfriars continues to press aiiead with exciting Clnge5 and improv¢mcnts for the future, cmbiacing its role as a National Portfolio OI"ganisatioiTr with Arts Council Englaiid. Applying for available granl funding and exploring otl)er projects and revenue streains to secure the future of Blackfiiars Aris Centre. Tl)e new Executive and Creative Director lias been ta%ked with delivei'ing oui. NPO objectives &% well as developing and improving I'¢venu¢ streams, policies and pi.0w.anmin8. Cont.
BLACKfRIARS AIITS CEINTRE LIMITED DIRI,;CTORS' Tltus'rELi S, REPOIIT I,'OR THE YF.AR FJNI DEI D 31 MARCH 2025 CONT. Resei'ves, financial po.sitioTh and risk management The incoiiie ai)d expcnditur¢ accouiit.%hows a revenue profit foi. th¢ ycar of £22.67112024 £56,202 profit). 'fiiis profil iiTrcretiSLd tlic cliJrity fund5 to £577.122. In oi'dei. lo continue to i)i"eseJit a divcrse prograinine and al%0 to adeqiiarely rcinulleiaie our staff t)ie ti"uslees realise tlie neLd LO,%eck additional revei)ue funding, and continually putsue policies to generate sucli fi]nd%. The 11)oniior the progress and fiiiaiicial situation at thcir Irgular meetiiigs. Withiii tl)cse ii)¢cling they.. Irview tl)e rislcs ihe ¢hdl'iLy iiiay face: coii%idLI' systcins dnil pi'o¢cdui'es lo miligal¢ thc%e I'i%ks,' and considei. proLLQiii"es desigFI)cd to tniiiiinise aiiy potential impacl on the Lharily should aiiy of Lhese risks Inaleri2lise. Tan%il)le flxcd asscts foi. use by the cliarity Detsils of movemenLg in fixed assets aLE sei oui in iiote 8 to Ihc ac¢(>utiLs. Statemenl of Trustees, rL'$ponsibilities 'rhe twst¢es are itouired by coinpany law w prepare fiiian¢idl siaieineiits foi" cach financial year which giv¢ a Mic and fair vicw of thc financial aclivili¢5 of the charily andof its financial position ai thc cnd of ihat ycai.. Iii prepai'ing Iliose financial statcinenis. rlie trustees are i'equired to.. select Suitable a¢¢ouniing policies and Llien apply tl)ein coiisist¢ntly- iiiake judgements atid estimates that ai"c rcasoiiable £illd piudeiit", state whcthcr the policies ttdopted al'c in ilCCOI"dance witTri tlic Coinpatiies Act 2006 and with applicable accouiittiig stcindards and statements of rwommended pr&Lctice, subject LO any Liiaterial dcpariiw¢s disclosed ai)d explaincd in tIiE finclncial statements. pieparc thc financial sl<itcments on the going concerii basis unless it is inappi'opi'iate to assilnie that the chai'ity will continiie in operation. The truSe5 air responsible for keeping propcr accouniing records, wl)icl) disclose witli ieasonable accuracy at any tinie tlie fiIiaiicial pth%itioii of thc cli<lflty cind cnal)le them Lo cnsujr thAI the fiiiancial slateiiienis. coiilply witti tlie Cotnpanies Aci 2006. -1'1)cy arc £il.%o ro%pui).%il)Ic foi'.%afeguai'ding ilie assets of th¢ cliai'ily aiid liLn¢e foi. takiiig IEasoIiable %tcps fol thc prcvention aiid detcction of fraud aiid oilicT irrcuFiilai"ities. Sing11 Coiiipany Rulcs Tliis l'e1 lias beell preporcd in accoi"dai)cc with the special provisioi).% of Pait 15 of ilie Comp<inie8 ACL 2006 applicable Lo siiiall LMI)atl¢8. This itp)it w&$ apptDved by iILL boat'd of tl'LlStcts on i oili Scptcn)bei' 2025 and qitsiied by ilicll. order. AiinLtte StLwaiS Director
BLACKFRJARS ARTS CENTRE LIMITED IND£1 PENDENT EXAMINER',S REPORT TO THE TRUSTEf.s OF BLACKFRIARS ARTS CENTRE LIMITED T report on the accoun(s of the charitable eoinp2ny for the year ended 31 March 2025 wliich are sel out on pages 7t0 16. Respons5bilities and basis of report As th¢ Chai'ity's tjusrees of the Compaiiy (who £il'e a150 the directors of the Company for the purposes of company lawl, you al'e responsible for the preparatioii of the accouiits in ac¢ordanc¢ with the i'equii"ements of the Companies Act 2006 f'the 2006 Aot,). Having satisfi¢d myself that the accounts of the Compai)y are not reqLiired to be &udiied for thi5 y¢aT under Part 16 of the 2006 Act and are eligible for independent exainination, l i'eport in respect of Iny exainination of your eliai'ity's accounts as carried out under section 145 of tlie Chai'ities Act 2011 {"the 2011 Act"). In carrying out niy examinatson, I liavc followed die Diirctions given by th¢ Cliai'ity Coniniission (under section 145{5) (b) of the 2011 Act. Independent exaininer's Statement I have completed my examinalion. I confjrni that no material tter5 havc ¢orne to my atterAtion which gives me cause to believe that.. accounting records were not kept in aecordance with section 386 of the Companies Act 2006; or the accounts do not accord with sucli I'ecords. or the accounts do not comply with relevant accounting requirements. under section 396 of the Companies Act 2006 other than any requii'ement that the accout]ts give a 'buc 2nd fail view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the Challties.8ORP (FRS102). I have no concems and have eome across no other matters in connection with tlie examination to which attention should be drawn in this report in order to enable a proper understanding of tlie accounts to be reached. MRS NICOLA MICHELLE LENTON FCCA Independent Examiner Dexter & Sharpe Chartet'ed Certified Accollntants The Old Vicarage Church Close Boston Lineolnshire PE216NA Date: ioih September 2025
BLACKFIUARS ARTS CENTRE LIMITED STATLMF.Nl' OD. fi INAliCIAL ACTIVITJES OR THF. YLARliNDEID 3J MARCH 2025 Desigiiatcd Capital Funds Re5trictcd General 2025 To(al 2025 Totsl 2024 Note liieoniingb I'esolli'ees: ncoming and eDdowinents from: Voliiiirary income.. Donalions and le(Tacies 36,635 144,159 459,452 79,136 32,368 4,663 180,794 459,452 79.1.16 32,308 4,663 149,490 390,082 58.238 24,735 2,441 ()(lier trading activities Thcatrc Tax Rcli¢f Invcstnicnt Incoiiie TOT AL INCOMING RE.SOURCES 36,635 719,778 756,4lJ 624.986 F.xpenditure on: Cliaritable activities 26,555 707,187 733,742 568.784 TOTAL EXPLL LYDITUIiE 26555 707.1117 733,742 568,784 NET INCOMCILXPLI NDII'URE FOR TIIL Yfi.AR: lQ),080 {10,0801 12,591 Iib,oAo 22,671 56.202 13 TRANsfiERS BETwfrE4 N fiUNI DS NF.T SURPI,US FOR THE YF,AR A TrYER'I'RA Tr4SFlI RS 22,67J 22,071 56,202 TOTAL 14UNDS IIROUGlI'r roRWARD 554,451 554,451 498,249 TOTAI. TrUNDS CARRifi,D riORWAIID $77,122 577.122 554.451 Nonc of ihc chaiitabl¢ compaiiy's tIVitIes WLIE acqutic(l or discontinued dui'ing tlic ycai" and ih¢ro wLte no ieLogiiiscd gains and lo%sc8 f()1' 2024 or 2025 oiher (liaii Lhase included in the Ststeinenl of Finllneial Aciiviiies. Tlie tss on pages 1110 16 fonn parl of these financial statcments
BLACKFRIARS ARTS CENTRE LIMITED BALANCE SHLET AS AT 31 MARCH 2025 Notes 2025 2024 Fixed Assets I'angible Assets". Land and Biiildings Cinema Equipinent Equipnient and Fixtures 142,456 5,401 224,750 148,015 7,110 257,516 372,607 412,641 Unquoted Investinents: Blaekfri&21% Club Limited Loo 372,707 412,741 Current Assets Stock 10 Debtors Casl) at Bank ai)d in Hand 1,775 25,1194 278,262 762 22,232 221.190 305,131 244,184 Creditor5: amounts falling due within one year (53,176) {49,549) Net Current A$setsl(Liabilities) 251,955 194,635 Net CuTrent As$ets 624,662 607,376 12 Creditor5: amounts falling due after one yeat {47,540) (52,925) Net Assets 577,122 554,451 13 Funds of the Charlty Designa*d Capital Full(Ls RestiiLted Capitsl Fund5 Unrestricted Funds Unrestricled Funds- Capital Contribution 577.122 554.451 Total Cliarity fiund5 577,122 554.451 The con)pany is entitled to cxemption from audit under Seetion 477 of th¢ Companics A¢t 2006 foi the y¢aJ" ended 31 March 2025. The members have not required the company to obtain an audit of its financial sthternents for the yeaL' ejkded itt accordance with Seciion 476 of the Coihpanies Acf 2006. Tlie directors acknowledge tlieii. responsibilities foi.: lal ensuring that tlic Company keeps accounting rccords which comply with Settions 386 artd 387 of tile Companies Aci 2006., and pIEparing financial statements whi¢li gsve a true and fajr view ofthe stste of affairs of the wmpally as at tlic end of each fitlancial year and of its profiior loss for each financial year in accoidance with tlic requiremenis of Sections 394 and 395 and wliicli otlierwise cotnply with tlie requii'enients of die Coiiipanies Act 2006 relatin8 to financial statements, so far as applicable to the company. Ib) The fjnancial ststements have been prepared in a¢¢ordan¢e with th¢ speci21 provisions of Patt 15 of the Companies Act 2006 relaiirtg to sn)all companies. The financial statements were approved by the Board of Directors on 10th September 2025 alld were signed on its behalf by. Annette Stewart Dli'eetor Robert Barclay Chairman
BLACKFRIARS ARTS CENTRE LIMITED CA,SH fiLOW S'I'A'I'EMENT FOR THL YEI AR ENDLI l) 31 frfARCH 2025 Total 2025 TolAI 2024 Note C&shflows from (jperatinft activities C&sh gcncj.aicd from operation.% Intcrest paid Intcrcs( L'eceivcd 70,856 1826) 4.604 105,960 1961) 2,441 et Cash from opci'al'lrti¥ aLtÉvitics 74,694 107,440 Caslitlows li'oni iiivcstin% activttics PUtC115c ociangiblc fixed asscis. Sale of tangiblc fixed asscts (12,237) 18,574) Net Cash I'rom investlng 2Ctivities (12,237) 18,574) Cgshflows from finaiiciiig actlvities Loan repayinents iii ye. (SJ85) 15.250) Net Cash from financiiig activities (5,385) 15,250) Increed in cash and ¢h equivalellts 57,072 93,616 Cash casl) equivalents at begiiinliig of year 221,190 127.574 Cash wnd Casli equivalents at end of year 278,262 221.190 I'hc iiotcb oil pages I I to 16 form pait of ihes¢ financi1c I statements
BLACKFRJARS ARTS CENTRE LIMITED NOI'LS TO THE CASH FLOW STATLMENT FOR THE YEAR L.NDED 31 MARCH 2025 RLCONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS 2025 2024 Pi'ofit before taxation Depreciation charges Interest re¢¢ived Financc costs 22,671 52.274 (4.664) 826 56.202 51,475 (2,441) 961 71,107 {1,0141 (2,8621 J,625 106,197 480 30,479 (31,1961 Increase in 8tocLs Iii¢reas¢ iii tt'ade and other debtors Increaselldecreasc) in ts2de and oth. creditoiE Cash gcnerated from operations 70,856 105.960 CASH AND CASH EQUIVALENTS Th¢ amowits diloSed on the Cash Flow Stateinent in respect of cash and cash equivalents are in re6Ct of these Balance Sh¢el amounts.. YeAI- ended 31 March 2025 Cash and cash equivalents 278,262 Year ended 31 Mareh 2024 Casl) and cash equiwdlents 221.190 ANALYSIS OF CHANGES tN NET (DF.BT)tFUNDS At l April 2024 At CLsh flow 31 March 2025 Net Cash Cash at bat]k and in hand 221,190 57,072 278,262 Debts Debts falling due withift l year Debts falling due after l year {5.(KlOI (52,925) (5,000) (47,540) 5J85 Increasel(decre&ge) in trade and other creditors (57,925) 5,385 (52,540) Totsl 163,265 62,457 225.722 The notes on pages I I to 16 fomi part of these financial statements
BLACKfJuARS ARTS CENTRE LIMITED NOTES TO THE FINANCIAI, SI'ATLMENTS FOR THf YEAR L4LNDL4J) 31 MARCH 2025 ACCOUNTING POLICIES SliarL& Capital Tlie coiiipany is incorpoi?ied uiider tlie Coiiipanies Act as a Guaraniee Coinpany. No sliaie capitsl lias been issued. In ihe eveiit o( Ihe conii)atiy's winding up eacli Iiiejnbei. n)dy i)e I'equiiEd to conti'ibute ali aiiiount not CXCeLdiiig £1 as a coiiii'ibution ti)ww'ds llie dcbL% aiid liabilities ol. Lhe coinpaiiy. Sis of Pi'¢paratlon ot'rilnancl#l Statemciits Tl)c finaiiLial siatemciits af lh¢ cli<iritsblc Luillpy. whicli a public beiiefit ciitity iindcr FRS 102, liave bcen prcpcircd iii accordaiicc with th¢ vhai'itic% SORP IFRS 102) 'ALeounliii(T aiid Rei)orting by Chdrities.. Siaiemeiil ol Recoinmended Piaciice applicllblc to cliai'ities preparii)g ilieii. accouiits iii llccoi'daiice will) Ilic Fiiiancial Rci)orlin(J Standard api)Iicic ble in Ili¢ UK and IlepiibliL of Ireland (FRS 1021 {effeciive I J&iiuary 21)15)' Finaneial Reporiing gtandard 102 'Tlic finaneidl Repoi"ling SitLndAI"d applicable li) tli¢ UK and Rcpuhlic of Ircland, alid thc Coi)Ipanies Act 20016. 1-lic financial ststcnients have bLClI pi'epared undcr thc histoi'ical cost coi)vention. 'I'angible Ifixcd Assets and Dcpi-cciation .1 angible Iixcd assets ale ststed at Cost or valiiatioii Ics8 dcpi'eciatioii. tkprecialion 1.8 plvId¢d at lalcs calculatcd to wi'ite off the cost or valuatioii of fixcd asscts, Ic&s thcir cstimated lesidi1 value, over dieii. expected useful live.s an tlie following bases.. Freeliold Land and Buildings Equipmcnl and Fixiures Ciiieina Equii)iiicnt Coiiii)uter and i.'r. Equipment Nil Cliarged I OD/¢ Ilcducing E3alaiice BtL%iS or IO% on cost as appropriate 10/0 Reducing Balaiice Basis 25 /0 Sti-aight Liiie F4a8is Tlie freehold buildings arc maintaiiied lo such a 51andard ti)al tljcir cstimated Jv%idual value is not less than tlieii. ¢obt. No depi-eciation is cliarged as il is not Inalei-ial. Cil-ants Received grants received relevant to ilie year whetliei. of a revcnue or capital Tialiii-e are iiicluded witliin incoi)iiiig rcsources in the StateLneJ)t ol'Finai)Cldl Aciiviiics. Gj'anis received foi. specific PL"ojects are iiicliidLd in I'csti'icted funds. GJ?111s Teceived are inLluded iii tlie ye. in whicli they are IEceivcd ally Grnits i"eceivcd foi rcstricted purpo%cs are applied as S¢}ried. Opcrutin¢J Income Revenue inLume iepreseiiib. tlie iiivoiced amowit of LJoods sold, seivice5 pi"ovided aiid ievei)u¢ giant aid Irccived during tIIL ye<ll". Invcstmciits Iiive8lnienls are Stsid at eithei. (a) tliciJ' cost ¢0 the charity oi" (b) ifno eosi was ii)volved at tl)eii' valuation al the balance bheLi da. Rccilised and uni¢aliscd gains aRd losses oi) ii)vcsUnLnts are d¢alt with Jii the %tatcm¢iit uf Fiii<incial AcLiviLiLS. Stocks Siock.% ale stad at the lowci. of eo.$1 and IiLt recilisable value. Taxation Tl)e coinpany is a Irgisiercd cliarity aiid no coit)017lion lax liabilily is provided on income arising. Tlie ¢onii?aiiy 14 regiqtcitd foi" VAT, undcr the partial ¢x¢inpLioii t[*. M2nageincnt & Administratithn Ei xpenditurc Administi"ation cxpendiiurc includcs cxpciidiiurc i"elated to Ihe cliai'itablc activily oi. fund i'aising vciilures. I'his includcs costs of iuniiiiio ilie atTic¢ aiid gcn¢ral publicily.
BLACKFRIARS ARTS CENTRE LIMITED NOTES TO THE FJNANCIAL STATEMENTS FOR THE YEAR ENDED 31 LILARCH 2025 2025 2024 DONATIONS AND LEGACIES- U.YRESTRICTED Blackfria Donations froni Individuals Membership Fees Gifi Aid Arts Council fimding- Blackfriars Jakemans LCVYS 9,938 857 1,136 130,000 1,500 728 15,084 898 2,008 130.000 1,500 144,159 149,490 DONATIONS AND LEGACIES- RESI'RICI'Tr:D Giants iEceivcd in the year Mcdlo¢k Charity (Boiler) Gj'antscape (Roller) Bostoii Boi"ougli Council (Flags) 4,000 22,555 10,080 36,635 CHARITABLE AcfKvITIES- UNBESTIUCTED Theatre ]d Revue BaT Hi ofpremises 36lJ23 98,129 301.741 88,341 4S9,452 390,082 OTHER TIi4DING ACTIVITIE Sliop Sales AdVertisng Painiinos Other Income Blackfriars Club- Coiyorate Gift Aid Rcfurbishment levy 49.412 37,848 258 8,753 20,971 7,858 10.059 2.215 79,136 58.238 12
BLACKFRIARS ARTS CENTRE LJMITII D NOTES TO THL FINANCIAL STATEMEINTS FOR THE YEAR E4NDED 31 MARCH 2025 CHARITABLE ACTIVITif.s- Bl,ACKFRIARS Restjricted Utiresti'itted 2025 2024 Tlieatre nd Revue Bar Sliop Mei'chandise Othci. '.xpcRdilurc R(iies, In.%iiiance and Licene£s Ligrl]I lind Hcat ClcaTiiiig and Maintenai)ce 1)¢111rcialion Mai'kcting Subcontract Laix)ur Wages l)cnsion Othcj. Admin Ca.%ts Accouiitsncy Loail ititeiest 250,6SO 250,650 209,104 20,475 6.860 23,800 28.174 17,589 51,475 9,-581 19.481 146.263 2,822 25,819 7,374 961 10,164 10,164 29,456 25.957 43,914 52,274 21,870 5,088 209,181 4,089 24,025 5,339 826 26.555 70,469 52,274 21,870 5,088 209,181 4,089 24,025 5,339 826 26,555 707,187 733,742 568,784 sutipi.us riOR THE YE4 AR Thc bU1v5 of income ovei. expendiLW'C is 8(atrd aftei. charging.. Loss oil Sale of Fixed A&%ets' Depiteiaiioii of TanLvible Fixed Asseis 52,274 51,475 STAFF COSTS No reIiiun¢i?tioii w&8 paid to Coiiuiiitt¢c ofmaiiageii)ent during die year and no Inistee expc115es Iiave bcen iiicui"red. Staff costs. of die reiiiaiiiing) siaft-wcrc. Siib Coiitrdct LAbow" 5,088 209,181 4,089 19.481 145,263 2,822 l)ension 218J58 167,566 Thc avci'8gc weekly niiinbcr ofstaff cmploycd by the cliarity diii'ing the ycai. was as tollow%'. Trlo. No. Direct C'.haritable Work No enii?loyees L'eceived tnore tlian £60,000 in tl)e yec1r.
BLACKFRIARS ARTS CENTRE LIMITED NOTES TO THE FINANCIAL STATEMLNTS FOR THE YEAR ENDED 31 CtrLIRCH 2025 T ANGIBLE FIXED ASSE4TS Trreehold l.and and BuildiR%s Cinema Equipjnent Equiptnent & Fixtures Total Cost At begi[Illg of Year Additions Disposals Reclassification 181,964 17,090 428,020 12,237 {2,432) 627.674 12,237 {2,432) At end of Ye 181,964 17,090 438.425 637.479 Depreeiatlon At beginning of Year Released Reclassification Chai'ge for Year 33,949 9.980 171.1(M (2,432) 215.033 12,432) 5,559 1.709 45,003 52,271 39,508 11,689 213,675 264.8n Net Book Value 2025 142,4S6 5,401 224,750 372,607 Net Book Value 2024 148,015 7,110 257,516 412,641 The HSBC Bank PIC have a charge against the deeds atjd documents they hold for 10, I l and 12 Spain Court, Boston, and for tl)e pix)perty Blackfriars Tlieatre, Spain Lan& Bo8ton, although no loans or liabilities are outstandiiig to the ballk at present. UN UOTED INVESTMENTS 2025 2024 At Cost Blackfriars Club Ltd Ior) Oidinary Sl)ares at £1 eacli loo 100 The company owns tl)e wliole of the issued share capital of Blackfriars Club Ltd, being 100 ordillary shares of £1 eacli issued at par. The fancial rcsults werc as follows.. snIary Profit and Los5 Account.. TwThover Costs 39,772 18,894 28,293 18,609 Operdiing Profit Gift Aid to BlackfriaLS Arts C¢ntre Ltd 20,878 20,971 9,684 10,059 Profitl (Lo&s) Absorbed (93) (375) The SEbO]derS, fidS at the end of d)e yeai. were 407 500 14-
BLACKFRIARS ARTS CENTRE I,IMITED NOTES TO THE FINANCIALSTAfE.MENI'S FOR I'HE YEAR F,NDC4 D 3] MARCII 2025 10. DErB1'0RS: Duf, wi'i'HIN YEAII 2025 2024 Ti?de Debtors Otliei. Debtors Otl)cr TELXCS Pi"epayinents 13,771 1,931 863 4,898 1,295 7,287 25.094 22,232 CRLI Dl'l'OR8.. AMC)uy'rs Tr"ALLINC DUE WITHIN OiNI:, YF.AR Trad¢ ('.rcditors Accrnals l)¢Ce]TLd Incorne Social ScLiiiity Costs and Oth¢r Taxes Bouiice Back Loan 18,197 12,870 12,628 4,481 5,000 18.229 7.961 14,680 3,679 5,000 53,176 49,549 12. CRLDITORS: AMOUNTS FALLINC. DUE ATr'I'LR ONE YEAR Bonds i3ouiice Elack Lo) 22.470 25,070 22,470 30.455 47,540 52,925 In ac¢oi'dan¢e with thc Chai'itses SOIIP (FRS 1021, the inleresi fiEe Ioat) has been discounted at a n)aa'keL Late oCinteiEst. Interest Fi"ee Loans NotlOTial ititeicsi for &SSLimed ierin of loan Noiioiial inteiE.%t alici£ dy iitili.%ed Notional intere.%t charged iii ilie yeai. 22,4711 (2,056) 2.056 22,470 (2,0561 2,056 Assuined net PLrscnt valLie of intei.est fi'¢e loan 22,470 22,470 15
BLACKFRIARS ARTS CENTRE LIMITED Tr40TES TO THE FINANCIAL STATEIIIENTS FOR THE YEAR ENDED 31 MARCH 202S 13. FUNDS OF THE CHèlRtTY {a) Unre5tri¢ted funds represent the accwnulated irvenu¢ of the charity. (b) Analysis of net assets between funds-. Blaekfiiais Restrleted Unresli'icted Total Tangible Assets Unquoted Investments Stock Debtors Cash at Bank and in Hand Ci'editors {within l year) Creditors {after l year) 372,607 100 ,775 25,094 278,262 (53,176) (47,540) 372,607 io 1.775 2S,094 278.262 {53,176) (47,540) 577,122 577,122 (e) Movement in Fllnds et movement in fund5 Transfer between funds At 1.4.24 At 31J.25 Restricted E31ackfriars 10,080 (10,080) Total Restricted 10,080 (10,080) Unre$ti'i¢ted F41a¢kfri8rs 554.451 12,591 IlJ,080 577,122 Total Unrestricted 554,451 12,591 10,080 577,122 14. RELATED PARTY TRANSACTIONS During the year, the charity iEceived gift aid contribution5 of £20,971 {2024 - £10,059) from Blackfri&rs Club Limited. 16