NEWThRT PLAYGOERS. SOCIETY couyctL'S REPORT ¥D UYAUDrrED FINAcL fATEMEFtrs FOR THE YEAR EfT)ED 31- MARCH 2025 REGISTERED CEL4RITY NL'MBER- 232628
NEIVPORT PLAYGOERS, SOCIETY REPORT LN1) F)CLL ST4TEItEYTS FOR TUE YEAR LNIDED 31- MARCH 2025 CorENTs Page Council'5 RqK*rt Indendent Examiner's iiwrt Statement of Financial Activities 9-10 Bala[e Sheet 11-20 Not&s kn theFiDattcial Stste]neots
NEWPORT PLAYGOERS. SOCIETY COL.NCtL'S REPORT FOR THE YEAR E)DED 31ST MARCH 2025 The Council presents its ajjnual report attd fmancial statemenL8 of the Society for th¢ year ffl¢J¢d 31" March 2025. The CoutKii h&$ adopted the provisions of Accountg aDd Repo]tti)g bv Chariues". Sle-t of RecommeJJded P¢a¢tic¢ appli¢able to chartties preparing their a¢coLDts in a¢¢ordan¢e with the Fittancial Rewttsng StatyJard app]i¢able LTJ the UK aad Republic of Ireland (FRS102) (¢ffe¢tive I. January 2019). PRESIDEET'S tNTRODUCTIOf Once again, the NeTryort PIy8oers' &Ki¢ty h&s had a prlcliNe )¢ar, presenting a IL.verse range of plays that i)av¢ garnered both rn¢rAbers and visitors. This suc¢¢ss is a testalli¢nt to th¢ dedicat¢d ¢fforts of our ArtibrtJ"c Committee ill selecting plays that have res¢)nated wth a broadL audien¢e. We extend our simcere 8r&titude to our extenMI htrers. whose uowavering support has enabled us to h05t exceptiottal affay of mu8ical, dance, and thaw perfortnan¢¢s. Wi¢hout theit iiMluabl¢ collttibutious. our 0[glISatiOn wou]d not be ablt to ¢ontinuc. We aI80 a¢knoTh'ledge the Ullwavering Sup of our membm, whose colltinued patronage has becn thstruthcntal in the success of thi5 se0. We trust that you have tknroughiy enjoyed theperfornwices, as we have. Sillcerely, Jatnes Reynolds President OBJEcrs The Soci¢ty's principal ob)ts a5 Set outiD its Gollstitution alldrults are as follows." To StiulAte all illteresE ill and a ¢JJdy of the Drama and Dratnatic Ar¢ and to support ail that is best ill the Theatre, and itb this object ill view to keep the plays of Siiakespeare in its repertory and ty revis'e whatever else is vital ill English Cla&8ical D&TrTDa. To prevcnt modern plays ofwatmoit from falliDS into obbvio iiE) To produ¢e aew plaj's and to furtb¢rthe developrnent of.Modem Dr8m& iv) To produce translaLiou or repr¢sentstiQllS of Foreigo DrLm4 Ancie0¢ and Modem. To stimulat¢ the of Acting for tbis purp)se to hold class¢s and to gi%'e le¢trm upon play production, voice productioo movemeoL ake-Up. lighting. tnoLuJfillg and other arts of the Theatre. To 5UPPOrt charities other a&s(Kiali0 fotllKd forclwitable and educattonal pury>ose& PUBLIC BENEFrr The Society 18 a public benefir entity. The Council h&4 complied with the (hty in Settion 4 17(5) of the Chariues Act 2011 atsd has referred lo the gutdance published by the c[rity Commission on bE:( itnefii wher. rewewing the Siety's airns aud objcctives and its plannllkg its rnttjre attiities. In pthicui8r. the Council cotssida lW pLaDned ActiLIeS will contrribute to the aims ad objertiv¢$ it Ews seL The Stti¢ty'S &USlties to the qu81ity of of the I31 cou)llLuDity througb the provision of affordabk knve theatrE pfffoT[tIGtS by hitip.g to local gtoup& Ill p8rticular. a range of ticket PfiCES includins ronGt&sior.s for certain groups. enablt all èectiovs of the COJLiriuniry to atttlld rKrfoTllMllces at the theatre. The refiirbishment of tELe theatre kn provided better acce&8 .or those w'tEb nioSii(ty diificulties. The Society elldeavours to encourdge au rnemb¢rs of tbe commiullty to take part in its actiYiti&s tlld to attendthe theatr GOVERLNThG DOCUMEB TILe Sociery is govemed by its cotistimtiOD attd njles.
NEIVPORT PL4YGOERS' SOCIETY COL), CtL'S REPORT FOR THE YEAR thDED 31 MARCH 2025 RECRurrMEf4T AND APPOIP4TMEYf OF COUP4CIL MEMBERS The Society is managed by IL8 Tnsteeg that are Coun¢il Members elected by the ADnual Generdl Me¢tir.g. Nominations for Members of the Council must be in writillg. Sign by metnbets 8lld the rminee, alld rtyxived by the General Sretary at least 28 days before th.e Atllwal G¢llal Meeting. ATTEL44DANCE OFCOLTrICIL ME.IIBERS AT MEETINGS DiryUNG THE 2024125 SEASON Countil Member AtteThdances J&e5 Re olds Rebecca PhilLi Jalncs Barrett nn Philli Alth Trott Sue Bur AIAn Henshall Moel Eleanor Asto C&th¢rin¥ Mor Stuart Fouweather Nathan Hod Ben HITrlc Gordon Collins Emma Mccarth Jack Guard Moira Maillwa Jeall Rowe 515 115 215 315 es5 515 315 415 115 215 015 415 215 315 414 214 FINANCIAL REVIEW Detai18 of the Society'5 perf0Mw£ for 202425 are give itj the StatemeDt of Financial Activities oll page 8 and the w8ition OF thc Society at the end of the fmawiai year is given in the Balance sh oa page 9. During the year ikne Society received gr3nts tothl]mg £646939. iLcludillg YDDI Cymrn Capitsl Grant Funding fJDm tbe Welsh Goven)ment amounting to £626.908 which enabled the Society to 4uire & Smart LA]¢ai En¢rgy System. The Society's results for the yvar in¢d£S net lo& totsLiing £2,648 io the m&*et value of its inve5tmellts in the Charities Official Inve5ttttent Fund and M&G tDvegts Charifi. The Society'5 net SUrph for the year after aecounti)7g for th¢se grants and inv¢5tmeut lo was £609,684 and at the end of the rlljancial yeaT its netassets amounted to £g)6,630. The Society's total tund5 at 31'Marcb 2025 amounted to £906.630. of wbich £878,022 aTr twtTi¢k The Society's key fthancial &ira remains to be a finallciaily S8[al]e theatre. INVESTMENf POLICY The Council, haviw regard to the liquidity requiJetn¢ots of operating the theatre. ci)Dsider the most appropriat l1¢Y for ink'esting funds is to plave th¢m in d¢p)sit a¢¢ounts attG ¢batity io.&esaEellt fiEtMls and seek to acliiev¢ a rat¢ of tEturn wh]"ch exceeds inflatson.
NEIITORT PL.4ycERS' SOCIETY COLThCIL'S REPORT FOR THE YEAR ENTrED 31 MARCH 2025 FUP4DBAtSING The Councll explore nd-raISing opportunitLe5 15.hich they consider are 4yopri&te to the So¢iery's objectives andactivities. RESERVES POLICY Reseryes are aeed to bridge the gap bettY¢ett the CeIpt of iL¢ome 8lld the paYllr1 of cxpcllscs and to cover utJplann¢d expellth'tttye. It is the po¢) of the Couttcil to maititaiu free rekm'£s of the kniety. in UErG8trictcd thnds at 84 level that cquarcs to approximately three mon*s of expenditure, ealculakda% between L<5,0(K> and £60,0 for th¢ forthcorning fillClaI year. Free reserve8 of the Society are arrived at by deductsng frorn totsl reserves. d¢sigo&ted and fund6 Ir¢Sntillg fLTEd at$ for cELaritAble use. At 31"March 2025. the free r&8etves of the &Kiety, ¢alqt]at¢d ustng the above fomiul4 gre £14.120. ACTIVITIES The Society's major artiviti¢s are the productsoD of plays and the letting of its facilitics to other tbeatrical societie$ and groups. The Society places a huge emphasis on the developulent tsf people in the education and encouragement of all aspects of dr8tnAtic art and promotrs the arts by the p[01(> of facibts¢s for tILC education and recreation forthepubIic ill tkne CODJmullity. ACH]EVEI¥IENTS TtLiS year witncssed the inaugural perfore¢ OF our mlea1 group. Playgoers Musicat Company. The production was a rc50unding 5UCCC8s, attrdcting high capacity audieDcG8 each evening. Similarly, our youth group, Dolmall Theatre Works, exp¢rien¢ed signifi¢ant de]nan4L Deces$itAtiog the &dth'tion of arl extra perfornauce night. The artistic commiti¢e has Consistelly refmed its &pproa¢b to seasoll Selectio reItIng in a resurgenc¢ of 8uth'en¢es to levels llot obseLv¢d siJxc¢ prior 10 COVU). In re¢o8nition of the TLeed foE SUPPOrt for in.vidUal$ iiw with dernentia, we 1&Wicb our m¢raberthip pr0M Iwt y¢ar, which has [-1Ved wid65pread acclaim alld continued supporL Furthermore. an eller grant ejthled us io undertake a substantial renovation, encotnpassing the installatioti of updated lighting at)d beatin8 Sy$t¢ms, as w¢ll as the integrntion of SO1& pane]s and batteries. These in]proi'ements will ]kave long-temi imphcations, enabling u5 to Substantially reduc¢ ourenergy ¢otLSUmPiiOll. Con¢luduw thts year's attomplisbments. we celebrated out ceutctwy with a CODllnernorative event in January. AdditiotMIIy, we collaborated with rell0Trtd gjjthor Bruce Call¥bell to ¢x¢ate an exceptiona] brochure. We ¢ag¢rly allticipate the futt]re ad anticÉpate fiLrther growth aDd SUCC in the coming de¢ades. VOLUNTEERS The Sttiety continues 10 rely on the support of its nwiy voluntm IDCh]ng those who &]st with the many Front gf House duties, enabling th¢ Society to reduGe its staff costs. PLANS FOR FUTURE PEIUODS The Coullcii alld Mana8emeni 1]tille to striv¢ to m8kn inwovements to the theatse, inc]ud]llg a£ce5sibllity, tknt the Doknnan remains attractive to its members, guests and birers.
NEWPORT PL4YGOERS' SOCtETY COL)CIL'S REPORT FOR THE YEAR ENT)ED 31- MARCH 2025 Th¢ NPS 202512026 se&son'. September 10th- lJt4 2025- A MidsummerNight's Dr¢am November 12th-15th 2025 - li's a Wonderfvi Life D¢¢¢mber 10th- 15ilL 2025 - Elf Jtjr Dolman Theatreworks (not included on membetship} February 4th- 7th 2026- EducaiiDg Rits M&rcb 4tIL- 7th 2026- The Mirror Cracvd M&y 13th- 16tEL 2026 - Come Frorn Aw'ay June 10th- 13th 2026- Allo Allo ? The Camenjbcrt Caper
NEWPORT PLIYGOERS, SOCIETY COL)CIL'S REPORT FOR THE YEAR ENDED 3I-.MARCH 2025 CHARftY REGtSTRATION NLThBER: 2326? TRUSTEES, PRtNCIPAL OFFICERS AND OTHER MEMBERS OF COUNCIL James Reynolds Rebecea PILiLiips President and Chair of Council atLd MaDagezneut Vice Presideot Head ofwantrobe Honorary Secrttzry Financial Advisor TreaJwreT {rtSIed Juty 2024) Ch8iT of Artistic Comnlittee He8d of Ligllts Secretary Arti%Lie (resignejj December 2024) Head of Stage Chair of Te¢hnica] Membershit) S¢retary Honorary Legal Advisor LibTariA Head of Bar GetL¢ral Mcmber General Member Head of Dé£or (TESTgLCIt July 2024) Chair of Fronr of House (resigned July 2024) Head of Studio Chair of Lynn Phillips Hugb mo£lW.HU8e8 Mikc Ford Sue Burgess Eleanor Astoo Ja¢k Guard Alan Henshall James Barrett J¢att ROWE AiatL Trott Catherine Morgall Moira Maillwaring Nathan Hodge Stuart Fouweather malcol Davies Stephen Bissex-WiI'ians EJnm2 M¢Carthy Ben Hurley PRNCAL 0FCK DolmaTL Theatre KiDgswÈy Newport South Wales NP20 IHY The Co-opcr&tive Bank Pl¢ ComTneTcial Strect Newport NY20 IHU IP4DEPENDEThT EXAMINER Arthur Gait & Compatjy Linjitcd Chartered CertÉfied A¢¢ountants 18 Gold Top8 Ne)Ort NP20 5WJ
NEWPORT PL.4YGOERS' SOCIETY COU.NCIL'S REPORT FOR THE YEAR ENDED 31. lARCH Z025 INDEPEIYDEI¥4T EL4MI)4ER iesoluiion 10 appoint Arthur CJait & Cotnpany Liimited as the Society's Independent ex2mincr will be proposed al the forthcoming Annual fTenerhl Meeting. APprO¢d by ordei of the Council otl I sli111( and signed on its behalt by.. James Reynolds
INDEPE.NDEliT EXAfvIINER'S REPORT TO THE TRUSTEES OF I EWPORT PI.AYGOERS' SOCIETY Independent exatniner's r¢port t(b the trustees of Newport Playgoer5' Societv I report 10 Ilie charity ttustt¢5 on my examittaijon of the accounts of Newport Playgoers, So¢iety (the Trust) for the year ended 31, March 2025. Respon$lbllities dnd bas15 of report As the charity tnistees of the TtU5t you arc iesponsible for the preparaiion of the accounts in ac¢or(lan¢e with the requirements of the Charities Aci 20 I I I'the Acl'l. I report in rcspeLt of Tny examination ol-thL Trust's accoiinls carried out under SeLlion 14) of the ALt and in carryin8 Ollt tny examination I have follow¢LI dll dppliLable DirLLtions given by the Charity Cominissiun under Seetion 14515llbl of tlie Aci. Independent examiner s 5tatemertt I haTre coinpleied niy cxaniination. l Confim thai no maierial matters have come lo my attention in connection with the examination giving me cause to believe thai in aDy material respect.. accounting records were not kepi iji respect of th¢ Trust as reqiiired by Section 130 of the Act,. or the a¢¢ounis do not accord with Ih05e records; or the accouiits do noi comply with the applicable requireTnents concerning the fomi and conient of accounts set out in the ChiL rilies (Accounts and Reponsl RegulatlQT15 2008 uiher than any rcquircmcnl thai the accounts give a true and fair view which is not a matter considered as part of an indlpendenl examination. I have no concems and have com¢ a¢russ no other matiers in co[eLtiOn with thc exaTnination to which atlenlion should be drawn in Ihii report in order to etJ(ible a prtsper undersianding of the accounts lo bc reached. ahill Khawaja FCCA Associatioii of CharteTed Cenified Accountants AnhLir Gait & Cotnpany Limil¢d Chartered Certified Accountant5 18 Gold Tops Newport NP20 5WJ ?liiltS
NEWPORT PLAYGOERS. SOCIETY BALA.NCE SHEET ICOINTI.NLIEDI AS AT31. I IARCH 2025 All activiiies of tlie Socicty are conijlluing. There have been no recognised gains and losses for the Current or prior financial year other than as stated in the Staiement or Ftnancial Aciivities. Thcre are no movements in funds other that] a5 Staled in Ihe Siattmeni of Financial Activities. These financial siatemenis weTe approved by Ilie Council on Isliiltsts 2nd were signed on lis behaifby.. (-J)IV Jatnes Reyiiolds 10
hT1?RT PLAYCOERS. SOCIETY LYOTES TO THE FLYLNCIAL ST.4TEIIEP413 FOR THE YEAR ENDED 31sf MARCH 21125 GELYERAL INFOBMATION Newpott Playgoers. Society is a¢harity re{ed in Englandandwales and i5 govern by its co]]stibJtioll and rule5. The Society is a pub]iG bell¢fit ¢ntity. A d&scriptiorL of &e nawre of the Society's opeTrtions, its pr]r1paI a¢tivitie$ 8ud the address of its principal office may be fouttd the Council's Rq)orL The prasetttstion ¢wYell¢y of th¢ finall¢ stakments is the Pound Sterling (£). ACCOUNTING POLICIES Basts of Preparatioll attd Asse$5me]rt of Goirt8 CoD¢ern The fjjjancl statements of tbe Society, wkn"¢h is a publi¢ b¢nefii entiry der FRS102, ar¢ prepared lli accordan¢¢ with th¢ Chariti¢s SORP, (FRS102) 'AccouJting and Retmg by Charities.. Stat¢ent of Re¢omm¢ttded Pra¢ti¢¢ 8pplicable to ch&itr.es preparing ther a¢coullLq in ac¢on18n¢e with the FllLaucial Rq)ortng Stalldard applicable in tEL¢ UK and Republi¢ of Ireland IFRS102) (effe¢ts"Ye l January ?0191, Fitwjciat Reportjng Standard 102 'The Firwicial Reportmg Standard applicable in the UK attd Repubhc of trrlomd, andthe Charitie5 Art 2011. There t llo material Certa]ntieS about the Society's abaity to coDtinue a going concern. FuMlleTal Reporting Stattdard 1112-Reduce41 Disc105ure ExernplioD5 The Society bas rakeD advalltage of the disclosure exemption from the re4pirements of Swton 7 Statement of Cash Flow5 in preparing these finallcial statemellt4 as perniitted by FRSL02'The Finaticial ilwortitjg SLwdard app"¢able in the UK atkd Republie of Ireland,. AcconI1% Conventlon The finartciai $ratemenLS ar¢ ppt[¢d the bistorical ¢ost convention. except for inyestrents which &re ClUded at market vU¢. Illcoe Income is rxognised IA the Statement of Finmcial Acliyitiu vknen the effect of a rr8nsactitin or other eveni results in an Incre its the Socxety's assets. Thts only arises when the So¢iew i% etititI ty the r¢&kur¥e. i.e. il h&$ control over the rhIS or to the resouT- et)8biing li to dewjnine its fiItt¢ appacatioll" when thc Society 15 virtually certain that the resource wi'l be received.. when the Society ¢4D measure the tnonetpry yah of the income Vyith s]c1¢t reb"abi]ity. The following 4)ecific policies are appkd to partiCLiI&T categories of incom¢'. Income from wts, legacies, donatiojjs and sponsotship ofplays art recOts wbrn ceIvable. Itscojne from Gharitable activ1u including income from subscriptiOll5. Visitots alld hire of the theatre are recoglli8ed vILett itCEivable. TnGom¢ 15 defetr¢d wP.eu Isi[S are teceived ill advance.or the bireof the tbeatre. Illcomt fro tradiDg actiltieS iuc]uditLg income gen-rated frojn bar, tsa aad coffee, wffe¢lionery and ice sale8 aJd other activities carriui out by the &Kiety primarily to serat¢ resouwes Twhich will be used to undertak¢ its ebaritable activities are reCols¢d to the extentthatthe Society hasproiid¢d the goods znd seryic¢s. Investmenttn¢ome is Tecognised when receivable.
LYEITrN)RT PLAYrFRS. SOCIETY NOTES TO THE FINLICIAI. sfATEllb.NTS FOR THE YEAR EhTrED 31 MARCH 2025 Expendlture Liabdits'es are recogDised expenditur¢ as s1 as there is a leg81 or constsucuv¢ obligation committing the lety to e expenth'twe. This nomially oc¢urs or.¢c the supplier of the goo&s or servi¢es has wformed tlieir part o". the contract i.e. delivered the goods or provided te 5¢rvicts. .4ll exwth.wre is accounted for oll an accruals b]$ and has b¢en lassified under kneaditLg5 that aggregate all costs re]ate4J to the ¢a:egory. Costs of generating funds &sgoci2ted ge[ltJttg ill¢ frorn all Sourc othcr th8JJ from undertsking chantable a¢tihiti¢s include those resourc&s expetJd¢d attsacting nations and the purchase of bar, t¢a and Gofftt. GODte£tionery and ice crcam stocks. Expenditure op. charitable activities that att applied by the So¢iery in undemaking its work to its ebaritable activities include expendituw on the ptoduciion of plays a[ th¢ op¢rntion and mailllaLaThc¢ of the theatre. Governan¢e costs that are associated meetir.g the Constitutional and Strdtutory reqUents of th¢ So¢iety include indep¢ndettt exwiiner's #nd Accountancy fres and ¢osts Imked to the strategic nwerllellt of the Society. Irrecoyenble VAT Irrecovernble VAT is chaTg¢d agallt the caicgory olexpelldibjre forwbi¢h it was incurred. Pay Policy for SeDiorStaff The trEs*es ¢ouid¢r that the mernb¢t5 of the CounciL who are the Society's trustees. elld the Theatre Manager cotnprise the key management persoT]nel of the Sociw in ¢barge of directir.g and co[olling, ruuDiDg ld operating the Society Oll a day404ay b15. All raernber5 of the CouDciI of their tillje freely and no m¢mb¢r received Temuneratiot] the year. The pay of the senior sraff is resi¢wed aDtwally alld nornaity in a(cordat)¢e tyéith average eatnings. Pellslons Employee5 of the Sociely entitled to join a defitted contribution 'money pu1$¢. $chtXD¢. The Society's Lonknjution is restricted lo the contnluttons disclosed Li Dote 4. Tangible FhÉd Astr¢ts rndividual tangible fixtd assets are capialtsed at th¢ir purcbast cosr are included in the firjanctaj statements at cost Iws ¥CUulated deprEciatioll. The ¢osts of mitior addrtioDs or tbose costillg below£l(H) are ttot ¢apitslise Depreciatioll is provided at th¢ following alluual rate ID order to write off the cost less astitsjated residuat value of each a55et over its estimat¢dw¢ful jifr.. Sniart Local Energy Sy8tern- 5g/a ori cost Furnire, FauShingS alld equipmetLt_ 150/0 r¢ducing balance [mpair¢t review5 aT¢ only carried out when is some iDdication that the r0Verable amouttt ol a fixed 6[ bell the higher of its net realisable Yajue Yalue in use, 15 below its ret ly)ok val.Je. Fixed Asset Investments Invcsttnents held fJAed a55ets a forni of b"¢ ji9ClaI itjstiutnellt #nd i2itially recogllised at their transaction value 8t subsequelldy [ll¢ared at their fatr valu¢ as at th¢ balallc¢ sheet date USiDg the closing quoted nwket prt¢e. The StatEment of Financial Actihities irLclud¢s th¢ net gaths and losse5 arising on revaluation and dispo•is tkntouglLOUt the year. The rDain fow. of fjn2ll¢ia' risk faced tbe s.lety is that of volatiIit}' in ¢qty Jnarkets and iLvestttt¢ttl marknts due ts wid¢r ¢cotwJni¢ ¢ond]"tiolls. the attiL.de of inv&th)rs ts) investm¢rtt risL and chauges in sentimEllt CQllCernillg equitxes attd within particulat $wto or5ub t0[5. 12
riEVTORT PL4YCOERS' SOCIETY NOTES TO THE FL1cL4L STATEMENTS FOR THE YEAR EfT)ED 31- MARCU 2025 Stoeks Stocks aro stated at the lower of cost and rnet re4lis&ble valu¢. C05t is based on the ¢ost of puKhase and net re18able value is batsed on £stillMted sellin8 PTiee. Debtors Trade alld other debtors tha,. Are TECtivable withiu olle yeaT and do not consLitytr a finwing tr2usa¢tion are red ot the undis¢ount¢d amoutyt exp¢ctd to bc tEcejved, net of impairmeDL Creditors And proTrisions CrediA)rs and prow5ions are reeognised w]tere tse Society has a pr8t o?ligatioD resJlting from a vast event tbat will probably result in the trallsfer of fijnds to a thtrd party aad the atllount due to settle the obligation can be Tlleasured or esitmated r¢bably. Crditors and provisions are nonllaIty re8Sed at the Settle[ne tfter allowing for &ny distyounts due. Flnall¢tsl lllstrumellts The Society only hag fillancial &vts and fillaDcial li&btiities of a kind that Qutfy &$ basi¢ finan¢ial instruments. Basic firjancial sj£llts are iDitiaity r¢co8nised at traDwtionvalue and subswmtly M¢ured at their settlem¢ntvalue. Reall5ed GaiThs &nd Ie$ All gains and I0S are taken to the Ststement of Fitiao¢ial ActilEtS ls they arise. Realiseil gains Snd losses on investtnents are calculated as the d;ffeto]c- betwrcll sales ptxKeeds and their opening carying vatue or L4eir purchase Yalue if acquired subsequettt to the ftrst dy of the flljgncial yea-. u1¢alised gains and losses are caiclllated as the th'fferen¢¢ beN'een the fair alue at tb6 year end aud tbeir Calg value. Realised and unreab'sed investment gains and los9 w1nbin in the statCUntof Financial ActivitiGs. Funds Strneture Unrestricted fi]nds cotnprise those Thqhich the Coun¢il are frt to use for any purpose its fijrthernnce of dLe Society's objects. Restricted fid8 comprise fimds which are held OD sperifle trusts underchaTity ]aw. The specific ttwts may dlared by the donor when xnaking th¢ g]ft or tna). r¢suli fix>m ti]e ierll]s of 8ll appea] for fi]nds. The sF¢ifi¢ In ¢stablish the purpos¢ for which tbt Society call laThthlly use the restricted full. The Soci¢Ly's re5tri¢ted funds includ¢ ndS striGtcd for rie 501¢ purpose of acqlliri a freehold theatre wbeo th¢ So¢iety's lease expires on 31" March 2092. or FAK)nEr if the &Kiety no Ion8eriKcupi&8 theDoImm Theatre. Ethwment fullds comprise those fiwds whi-h are held on tswt to trtailled foi the bellefit of tlLe Society as a capital d. Tht Society h&5 a 8ingl¢ pem)an¢it endowmellt the Styler Buary that proviik5 for the Couucil to invest the Capital perpetuity. the irtcon from whi¢kn is rti¢led to youDg tDeTnber of the Society wishing to advanc¢ th¢ir usica] or theatre talents. The Society is a registered charity and as such its income and gaios at¢ exc[>t frollk eotporntion M to the extent that they are appl'.ed to its charitable objIlve$. Leasing Renta15 appLicable to operattllg le&ses where substantiallv all of the benefits 8nd risks of OwneIp remain with ibe lessoT are charged to tbe Siateraent of an¢ial A¢tiviti¢i as in¢urrt(l. 13
NEWPORT PLAYGOERS. SOCIETY NOTES TO THE FL).&NCIAL sr,ITEMENTS FOR THE YEAR ENDED 31 K4RCH 2025 INFOR1TIOr* REGARDtYG IIIEMBERS OF COUNCIL RELATED PARTIES Coun¢ll EmolumeDts No remun¢rntton was paid to ¥JJy mctnberof the CouDciI duriDg the year (2024 £Ql. No expenses were Pa to atly meEllber of the Councd during the year{2024 £0). Related Partles There were no tcatisactions with fflateAf parties dwing the yw (2024 £01 EMPLOYEES 2025 2024 Staff Costs Wages at Salaries P¢Dsion Costs 44,039 868 43,792 939 44,907 44.731 202S 21124 Employee benefits received by key managementpttwt]n¢l ?8.010 No ¢mployee earned £60:(W Peranm ormor 21n5 No. 2024 No. Average Number of Perso Etnployed Manager and Car¢tak GIL4NTS, DON.4TIONS AL¥D LEGACtES 2025 2024 Exptnditurt Net Welsh fjoVerlltDt graDt New[ City Coiincll 8rants Donation$ 626,908 20.031 626,W8 20,D31 30.229 2,000 8.658 8,658 677.168 677,168 10.658 10,658 14
.vEMqRT PLAYGOERS, SOCIETY rioTES TO THE FL}NcIAL STATE.Ts FOR THE YEAR ENDED 31 MARCH 2025 CllARrrABLE ACTivfnF3 2025 2024 Illcome EXpendIre Net SubscriptioDS Visitors B¢xiking Fees Ibre of Th¥dtr¢ Hire of CostrJmes, Props. etc Youth A¢tiYities Ra*s And Watet B2tes Staff Costs 24.767 37258 14.417 80,845 255 4.555 24,767 37258 14,417 80,845 255 (280 (lJ42) {44.907) (142fA)) (23.045) (5,969) (3,9011 (428) (2,757} (1,829} {20,7191 12,815) (60.300 (4.9821 24,921 26,937 10954 76,325 151 3,600 24,921 26,937 10,954 76.325 4,841 lJ42 44907 14260 23.LN15 5.969 3.901 428 2.757 1.829 20.719 2,815 ,306 4,982 3,800 1.312 44.731 11.796 20,496 6,455 4,682 971 1,548 1.448 16,732 2.026 29.731 6.015 (21X)) (1,3121 144,731) 111,796) 120,496} 16,455) (4,682} 19711 {1,548} (1,448) (16,732) (2.026) (29,7311 (6,015) Electric ProductiorL Expens RoyaitiC8 Books and Plays Printing attd Stationrry Telephone attd Postage LILYnr¢5 and Subscriptions RairS aDd laintenance L£gaL Pd Profe55ionai Fees tlldtpelld¢ni Exattuller's and ACCOUtacY Fees Cleallin8 Ticketing Sundries Advertising and Publicity Progr&mm¢s Bursaries Ballk and Credit Card Charges Depreciatioll 6,120 29,878 (A120} (29.878} {4.3?1) 243 (9.727) 4,750 28.324 3256 2,048 13,4¢M 683 1,000 5,281 3,008 (4,750) (28,324) {3,256) {434} {13,444} 258 (I,000} (5,281) (3,008) 3.352 3.1(P) 9.727 1,614 1.056 1,21X> 5,968 2J57 (5,968) {25571 166,505 255.871 (89,366) 145.443 213,S37 (68,094) Bursaries amounting to £12(M) (2(124 £1.(XX>) te]ate to endowjnent fitnds. 15
NEIITORT PL4YGOERS' SOCIETY NOTES TO THE FINLNCtAL ST4TEfvtENrs FOR TUE YEAR ElED 3IST K4RCH 2025 OTHER TRADING ArfiviTIES 2024 Net JDUbroe ExpeDdlknre Net Bar Tea atLd Coffte Confectionery, Ice Cream atld Vellding Machines Fundraising 27,918 lJ51 12,341 1284 15,577 67 24,440 1276 9,865 459 14,575 817 17.886 1.639 12275 87 5,611 1,552 15.480 1,302 10,708 68 4,772 1,234 48.794 25.987 22,807 42.498 21,10 21,398 4VESTMENT ThCOL 21125 2024 lo¢ome peir? Expenditllre Net Bank Interest Dividettds 416 1.307 416 1.307 122 1,242 122 1,242 1,7?3 1,364 1,364 Dividend¥ atnounting to £IJ07 {2024 £12421 rela to endornt fund TANGIBLE FLYED ASSETS sart Furniture, Local Furllishtngs Sy$tem Equipment TOTA Cost Additions 654.971 654,971 D¢pr¢ciAtion Charge for the Ye 2557 2,557 L¥tt Book Valtse At 31. March 2025 6)4,971 14,488 669,459 At 31° MaTbh 2024 17,045 17,045 Reco5 of the Cost and accU[nlat depreciaOn amounts of of the Swiety's fLrnlt[e. fumishings and eqUIp¢t do llot existalld therefore the total CQSL and accumulated depieciation balances 8re not sho*Th above. 16
NEWPORT PLAYGOERS, SOCIETY NOTES TO THE FLI.CIAL StATEIIEf4TS FOR THE YEAR EPDED 31ST MARCH 2025 io. FIXED ASSET INVESTMENrs 2025 2024 Restrkted Funds UK Invc5tttJettts in COIF Chsrities Inves1Tr Fund-Accun)ulatioD Units: Bal¥ce at 1° ApEiI at Markct Value Disposal Nee UnreaLged (tnS8yGaiJL-Dte3seJUllttt$eYu1 Mk¢1 ve 215,679 (40.¢XK)) (3.54D 192,(140 23,639 Balance at 3151 MarEh at Matknt Value 172,132 215,679 HisloTi¢ Cost ai 31" March 46,625 70,961 Endowmellt FuDd8 UK Ittvesttnents in M&G investments cknarifiu- Egw'ti¢s lllve8tsnent Fund forchanties {in¢ome).' B&aoce ijt I" April at Market VaiJe Net Uttreali8ed G8its'(Loss)- Inci¢a%¢l{Decre) in Matht Vatue 21,0?9 899 21,421 1392) Balance at 31. March at Markd Value 21,029 Historic Cost at 31° March 20,0(10 20,(M)O Tot Balan¢¢ at 1° April at Market N'aIue Diwsals NEtUT]]Ea]L5j L05565- D¢crea5e ill Market Value 236.708 (40,0001 (2,fy18} 213,461 23247 Balauce at 31. March atmarkel Value 194.060 236,708 Historic Cost at 31YMarch 66,625 90,961 17
NEWPORT PLAYGOERS. SOCJETY NOTES TO THE FL)LNCL4L STATEMENTS FOR TUE YEAR Ef4DED 31st MARCH 21125 ii. STOCKS 2025 2024 2227 326 1,773 Tea aTLd Coffee Collfcctiollery, Ice Cream and Vending Mathttses 577 1,656 4,326 4,677 12. DEBTOBS: AMOLwfs FALLLYG DUE WITHIN ONE YFAR 2025 2fr24 Trade Debtors Vatue Added T Other D¢btors Pwaymeots 1,339 2,764 2,818 18,952 7,803 4,036 2,493 13,853 25,873 28,185 13. cREDORS. AloUNTs FALLINCDUE ONE YEAR 2025 2024 Trade Creditors Tax&tion and So¢ial Sethty Oth¢r Creditors Acfflia15 and Defctred IncollLe 463,8N2 907 41.631 25.(M)3 7246 467 29,451 18,796 531.343 55,960 18
NEWPORT PL4YGOERS' SOCIETY NOTES TO THE FIN)CIAL STATEMEYrs FOR THE YEAR EIWED 31sr RCH 21)25 14. DEFERRED INCOME Creditors in¢lude def¢Trtd income amountittg to £14.304 {2024 £8262) COllLpfi5ing'. DeposiLg rcceived tn advance for the hirr of the DoltJsll Theatre after 31° March 21Y25.. 202S 2024 BalallGE at I" ApriL Atnounts Rcle&%Ed to tllcome Amounts Deferred in the Year 7.5tr2 {6.837) 5,975 6,475 (5,904) 6,931 Baiallce at 31Mareh 7,502 Ti¢kets sold in advallce for prothL¢¢iOtsS after 31° MaTcb 2025: 2025 2024 Balance at I" Awil Atnounts Releast0 InL¥)tDe AIlloLts DeferT2d ill the Y¢ar 760 1760) 872 (872) 760 Balallce at 31. Mch 7.664 760 Is. STATEMENf OF FbryDS Atl" April 2024 let Galll ossesl on IDCOULe Expenditure Investments At31" Trnth$fer5 2025 Unrestrlcted Funds.. G¢tttralFutLd 57J22 245,944 (274,658) 28,608 Restricted Funth 215,679 646.939 (6,000) (3,547) 853,071 End0iTrmentFud', styler Bw3ary 23.945 I J07 (1200} 899 24,951 Totsl Fund$ 296,946 894.1 (281.858) (2.648) 906,630 The Generd Fund is available to be spent forany of the pwrM)ses of the Society. The Styler W fuod derives from the will of Jon Styl¢r which left th¢ Sociery with dle sutll of £20,0 for providing by th¢ inCOTne therefrom a bur83ry to be L-.own as 'The Jon Slyler Bursarf. to buch mentters of its youth th¢atre wishing'.0 develop their thealrical or musicol sL.Il$ as the Council ofthe Society thall from time to time and itb. ab501ute discretion judge to be the most fit and ptoper to rt¢eive the 5atlle. The Sociery is the Tllte¢ of the Capital andthe bencficial oMqJers ar¢ the recipiellLS of bursaries pavj frojll the interest rned 19
WEWPORT PL4YGOERS' SOCIETY r40TES TO THE FLYthc STATETrIEhTS FOR THE YKAR EINI)ED 31sr MARCH 2025 Restricted fjLids repr¢ieDt fvnd5 held in the Society'5 investment account with th.e Chariti¢5 Official Ini'e51ment Fund (COIFJ which was opelled on 15th April 1966. The COIF fund requEred by the Charity Colluni5siorn¢¥s in the followin8 way. Aldennan Anbur Dolmao so¢1k0r, Prestdent of Newport Playgoers Society, Leader of the rubng Conservatives orl the New>ort County Borough Council and Cbair[ of the Plwillg Comnjittee negotiated the acquisition o.. a pulpose built Theatre on A Lease of 12£ }'ears at otte peony a yeat in excjwige for our fr&-hoias.' the Littl¢ Theatre aud its outbuildiTW pl8 2 SILOPS but alle]8 owll freeholds requiml the pennission of the Ch&rity Cotllrnissioners a5 evideuced bythe lollowing tecor(L. "Minutes ora {Playgi)ersJ CouDciI meeting held at Little Theatre OD Wednesday 26th January 1966" 'Wew Little Theatre- The President [qrted L4at be was in CODllnTmication witb tbe Charitv ColnEssioners who wished the Sociery to take steps to redeern the 125 years. Lease of the site in order to obtaia the freehold by pa?illg 8n gnnuai swn &5 Iwehold redempuon of app."oximarely £51)O. The President was of the opinion that this matter could be d¢all WI tr.uch morE cmnomicalls by means ol wise inv*iill¢n4 and he wou]d report on hi% deliberations with the CILanty Colnls510¢tS at a lattrdat." Latcr tnioutes aTe Sile on subject. but the Chity Q>D]llLi55iOlla5 rnust tLave been 5thfied with AFthur Dolmau's proposa15 because tbe property tration wellt 8h7d, and the Society's investtnent account with ttLf CIL3rities Official Investment (COiTr) w&s opcued on lith April 1966. inveslmeDt was for the Sole pury>ok- of aCqUirg a Fteehoid Theatre when the Le CKpi on 3 IEt March 2092 (or sooller if NPS no IoDger occupies the Dohnall Theatre). The Society is the ts7¢e of the capital at)d the beneficial owller5 are the sIety's nJeJnbers in 2092. The pre8ent members of the Society are noi the betheficial The Society holds sufficient resourcas xtl an appiopnate form to each to be 8pplted IJJ ac¢ordattce with any restrictions. 16. FINANCIAL INSTRUMENTS 2025 2024 FinclaI assE¢S meaed at farvah 194.060 36,708 20