Company RtgistratEOn Number: 650220 Regi5t¢red Clkarity Number.- 234229 GLOUCESTERSHJRE EVERYMAN THEATRE COMPANY LIMITED (a company limited by gu?t#ntee REPORTS AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Page List oEoffiteL% lid xdvisei Rcport OE tlie Tnistees RepoLI of the IAdcpendent [uditOr ID-12 CDnsoLidated Ststejnent of17it)aiickal Actiiryties CliaEity.%i#tement of I,inancial Activiiieb 14 Coiisolidilted xnd a)firity Statimcnts of Financial Position 15 Consobd%tcd CAsh Ploiy StAtement 16- 17 NotLAs to rl)e Finaiicial Si3teineiits
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED OFFICERS, COMMirrEE MEMBERS AND ADVISERS DIREcfoRS/TRUSTEES C R T])om*s- Cliair Z. Alhincd J BIAckbui S IJIAAchfield ,1 Botkoivbki W E A F.divaid% C F l<ong Cv Fvldnci G F. C Woodcock J K COMPANY SECRETARY J IQ Iv[ri CHIEF EXECUTIVE Cvl)vcheL ADDRESS & REGISTERED OFFICE Eirttrymat] Theatic R¢¥ent Siicct f,hcltcnhHI Gloucesier%hiLE C.LSO II-£Q AUDITOR 3 K Plu% Audit Iimiied C.h8itctLd Cei'iificd Accountants &. StAtutory Audito 6 NJI#i)oi l)gik Busi£s Centrc .lackcnzie KVAY Clieltenli?In GloucesteislllLe CI..419TX SOLICITORS St JainLs House %t Jiines Sq1131e C,heltctJiAtIJ Gluucesrcrshire GL50 3PR
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED REPORT OF THETRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The ILilStees li?ve pleASIILe prcsentijig thcii LCPOlt and consolidated fthaiicial StameI5 foi tlie yeai endcd 31 fv12ich 2025, Ivlucli are also PLcpa£cd tu mtet Ilie iequiLettieiits faL a direcrL)rb' repnrt and accuu1)Is for CDmpaAie% Act PIILP(ISeS. The fli1attc stAtements cotnply ivttl) the Cliitities Act 2011, t]iL. Ctrmpxmes Act 2006 aiid Accouiiuog and Ilepoitiiig by CIvlties.. Statejnent of Recommeiided Prociice 2pplicable to chxtities 1)iepArJnR theit HccowJts 111 8ccoid2t]c¥ iviil) tlie I'iiiancxal Repotiisig StAJidard appiicablc IA tlie UK Ana iitpublic uf Irc]111d (fRS1021 {eEEc¢tive J Jfittuiry 2U191. STRucfuRE. GOVERNANCE AND MANAGEMENT Re/eience andAdinini.%ratsve Delails -L'h4 dii'ecroLS of thtt cliiL%table coinpany Itlie cliariti'l ale its tLR]Stee8 lor the puri)05¥5 of cl]atsty Iaiv xiid ¥htOughUl this report Ilnd tl)e finoiicial SL?tEtnciit8 aie collgctively LEfcLied to AS the tiii%tees seLvJng duLing the yeat. Names of trustees ond L)f the chatity's adviycrs page l oEthese l21claI biaieL)ients. GoveiniiigDoeiiment Tl)e compan},, Ivhich 15 hmited by gu2tattrtL and 8 rcgistciid cliitity, 14 goveLned by sts hjleiiioimndum find Articles of .45SOCiAtioA dated 22 EcbLU%ry 1960 as alieicd by Spe¢s#l Resalutiotls PAS.8ed OA 19 fvIHt¢h 19()4 and 24 September 2(J)8 d a si)ccial resolution on 20 August 2021. Appoin¢ment of Triisrees 'I'LUStecs tnAy be Appointed by the cl)otiry by r)idiiiaLy Iisulutson or by iesolutiOLi of tlie Tivsiee8. 'I'ii]stLeb servL peiiod of tl)Ace yeaL¥ ai which point thcy inay be ie-elcctcd. to a InKiInUIn ol i]kiie conseciitive yeAt$. Trn5tfe Jndiiction and frsining Nfflv ELlJSteL3 ULidergo orientatkon to briel them on th¢it le£al nbligations linder challty Aiid coinpai)y IRIV. tlle coiitent OE tlie fvlemolandutn Aiid Aiticles of As%ociauon, Ihe cominittee de¢Jsiott-making procL5SC5, thr busjncss plan find tlie teccnl fiiiAllCSAI perfoLiknancc of Ilie cl)0riry. 'I'liey also undergrj i tour (If tlie.l1at1c 2Jid liave an oppoitiinity to Inecl tlie Seor miitsgemettt ieain ai)d otlier keiT Staff t(1 ui)deL%tand tlie mechanic5 (If hviv the clviity IS Lilft. OigAlllSkljOII I'ho diy tv day iuling of the TlJefitLe iq iindc¥ri4 ken by il)e C.Iiicf EYeculiv¢ ivlio Is SllPPC>Lted by an expctienced teain nf dcpaiiiiien¢al nianAgetS And st1Ff.'Ihe Bolid of trustccs, Ivhich cillLendy nuinbeis I I, adtninisrers Ilic cl)aiity,. Ilioy It)clude nieii]beLq IVLth a ivide 18J)ge of piofc5biuxixI Lixpcitise. expeLiLnce local kiioivlcdge. I'lie BoArd ond tlie cointreeS tesponsible Eoi finanic and cxt¢iitig ttet qUAlterly. In Addiiion, tlielc ale ad8rJsory biJAid5 Cntnpti¥itig Boaid ineinbeis. Staff and exteix)Al Adv1501%. Oiie focuscb oil sirategy deliverujg igajsist tlie Alts Cuiil)ca's OutCOlllCS And Invtshnent prC5P1es, and the secojia focuscs oa dL'velopmLint And fund Thi5ing. Tlie advisoty b03Lds al$n tnect qu#tleily. Tlie Chicf Lixecurive ha% delLbFaith Authurity. Ivithin teir)$ Aiithoiised by tlic tiustfcb, foL a[Atio]i1 mntiets uicludiiig fiiiatice. eJt]pbymcnt aiid i)xownitt]c cliuice. Key MaiiAgement PetSOJ2J2elRemii¢ierAtso Ihc Ttu¥tets consideL the Hot1Ld of 'l'w¥tees, Ihe ChielF.'xeciitive ana tlie sertiot inatli4 g£Mlt tL'41in compiisiAg Ilic kcy iii?nfigLm¢tit peisojinel. £lll T1115rees give OE tliesl iimc fLeLIy And no"I'nJsret reJniiiiciRtiOn paid Jn tlie ycir. Dctaiis of 'lLUSteL' expenses Lylated paity trrynsactLOllS qie (9isclosed iij iiote 32 tu the financJAI st[elentS. Tjie y of tlie Chief F.xecuuve ii)d seiiioL n]Anigeittent t'eAJiI IS Lekryeived ansiually. T'hc COA%JdeLS a niinibct ol fxc¢oL iiidiiding the fiiiai)ci81 pi)%itioii of tl)e 'I]Ic2tie. the gener21 irtfl21ioii Late And p%y Thrts for %imilRr pu¥itsons 111 otli¥r UL%fini%Auoii%.
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED REPORT OF THE TRUSTEES- contitiued FOR THE YBAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT- continiied ReJAtedParties Tlie cliArity, 113s Iliiee ivholly oivnLd sub5idthLy coinpRni¥ts." TlJe C.loucestetsl)ire Evekyi)i#n I'hcatre Calerii)% CompRIis' l.imÉted, Ivho%c object is to provide bai cil¥ring facdities at tlie F.vei?rmaA 'fJicatre in C.lidtenham' 1.11¢ GloucesteLsluKt F.verym?Th 'llieAt£e Productions C.ompaJiy I.Illlited, Nvlii)s£ objeil is io pLoduce the parttoinime and oil)ei slioivs 8t tlie LlYeryinaJi TJ)e%ire in Clieltenhain. and Cyloucc5tCLbliiLe F_v¢ryinAJi TheRtre I"1)u]g Coinp?ny Litnited, Ivh05e object IS 10 PLoduce And tuui productsoJ15. T]ie subsidi*L}T coinpanie&' resulrs li%Ye beej) included iii the cunsulidited finAAci21 sr?temttnts as requitcd bi, ChRtiiies %i#temcnt Cjf IlecoEnmended l)ractice ipplkcablc to cliai'itjcj. prcpaLing their accuunts iii accotdancr ivith Il)e Financial Ilepr)rtirLg standard applicobk iii thc UIC ai)d Republic £ Tielond (I.'IISIO¥ leffectlVL 1 Jxnuary 201)LI. Ilic Arts Coiittcil E.nglii tid and Cheltenli?m BoLough Couiicil provide coie Eujidiijg for Ihe TlieAtre #nd its educAtitsII
nd commuillty actswtics. Tlie Evetyman-I'htarre Cheltei]ham Dcvdoi)Inent 1'Ku%t ivxs esrablished to IRisc fiindb foL
tlie Lveiyiniii Tl)eatte and oivlls the Pl1VlLy Acccss h.leInbei"ship %cl)eine, Ivluch CLcHlcd iii June 2022. The De1lOPment TLUSt is itsclla iegjstered c110tity and ktb tmstees #re drAivn fLom tlie tiu.stC OE tlic F.veryinaii'fheAtIe. 8kMAnagement I'l)c'FLllStecs haire R L15k tn#iiAgement stt8i¢¥y wl)icli cottipri5CS'. quarterly L¢vieiv of the ii51is tl)e cl)aLitir may Eace. the esixblj4hmp.nt of sybrtiMs and piDccdutCS tt) Anitigii t¢ tl)rJse Lisks identifted ll1 tht ievieiv. and thL impleinentxtion ol ptocedu¥es desibryicd to mirLilnlbe #511, PotCtIal iinpAct on the chaLJty .4hould di(Isc tlbkb F'or the yeAL tu fv12rch 2025, thc mrJ$t significaiit iisk Eicijis the buiirtcss ivas high intkntioii, Ivliich xncrta%cd QPLL?tJAg costs reduccd dir piofitabdiry 2nd aVAiI?bility ol touling pioduciioiis. genelallir tlie key r15ks faced by th busiAc55 aic a Lrduction iti house piofit% diie 10 econoiDic f8ctOL% OL clianging t2Stc%, A iduction in giant tncome. pliy¥icxl disasier4 such as fite OL l¢>ss olp)ivei ind rc£ul2tory cotnp]iance. llje Ttustee% #LL confident Ihal I¢4SOA?blc ¥y8lem$ liave been estkblislied 10 idenufy ntiv risks aiid to initi%te And m2nage tStIllg risks. and tliat foLivxYd p1ftnng ivill eiiable the chqLity to br pr¢pJred ALtULe eventiiahue5. I11¢8e sir¥iein$ include.. qU2ltedy revieiv vf Ilie ii5k tegislcL by thc iyJaJlAmet And Tru%iees,' a forecast of thc full Te2L FiiiaiiciAI irsu115 IhrLe umes a ye2E' close iDoJ]ttoting OE c2.qhfkniv knd cfi5h mkiixgeineni. InUt[ring of re%etvc IciTLls ivith redistribution of gtneril and designated re8cnrcs ivhete L'equired. a monthly ievioiv tif Ilie EinAnciAI Lesulig ag01115t budget. 8dditioIial plai)nLi)g xn¢ctitigs ivhen ieqiiiied 10 djscuss ¥iaffing levd3 aad iesoiiirc rcqullEinents' IPPLopriate ii)suranee cc)vct, Ivhich is revieived %iJJiiiAIIyJ LL'Kulir traulltig fol Staff.. attd leghl, HR and fmianciil Lnpllt ELDM exyert ii dvisors as i'¢quiiTd.
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED REPORT OF THE TRUSTEES - continued FOR THE YEAR ENDED 31 MARCH 2025 OBJECTtVES AND ACTIVITIES PLllftcipxI objective of the cliatity accoiaing to tho NletnoLaiidum of Ag$¢KiAUOI) is fo PLOttiote, Iniiniaiii, Imi)ruv¢ aiid advfince educ?Lially paiucuLqLI}, by tlie PLoductioii of plAyS c>f an cducHliQS1)al chaLaCtei Aiid the encouragtm¢iil 0£ the Aits, including the 2Lis of dLamo, mJJne, diAciJi¥, singing, Inubl¢ ill)d poctLy. atd tv forinulare, pr¢pii Lr and cstablisli appLOPLiAte scliL'mes. 'I'l)e chiriry sets uut to chieve the8c objcctivcs by tlie runnit]8 of tlie Glouce%tcrshiL'e r,veLymATh'l'lieRtre in Lhelieiil)am and bi, the pie5entatian of tvutin& pLodiicuon8 8Ad in-huuse PLoductioiis. Ihe chqtiry lias tlie gei)eri11 gjm of conlLtsbutit]g tu the quii hry OE tife OF ¢l)c Iople uf Clielienh?m and Gl(Juce8tttshitr by cipajiainx t}ie lialoll8 tIIiou8h the P)$11)rt of excitiiig, c112llcngiAg RAd Accesqiblo PLofession21 coinnJuIUry alts eveiiis. The mait] objectives fot rht iyeat continue to bc ilic promtstioil nnd fosteiing of 2rtistic knoivledxe and the Apprecinti(In of tl)e by Ihe proiTiSAL)n of facilitles Er)r the education and entert2uiinent oEthe pubhc in tlle fields uf ati. c¥2lt, musi aiid draina, Ivitli specific (ocus oIi dic youth uf OiiL Cliiinry. The %tiateges p10yed 10 2chievo tht chArl& ubjectlircs aic to,. offer ()ppormftiues fof a bioad (Jf 01)le ro get nvOlved in atls ALfiviry L'xploring thejr ciivn crttuv¢ poivers. piovtdc facdiues foi Hiiiatcui ajid PAol¢$8ioJiAI Arti51s/ivtiters to dLvelop ilieii aitistlc 5kills- encouLxge th¢ development of diveiskty of cultutrs Ililougliout the activities ()f Ihe Tlieqire. aiid pieeAt H bioRd tasJ¥e of #¥ts ivoyk. Tjie inajor ifeAS of actirrity ale piesentatsoi) uf pLofeS%Lonal perlorn)2t]ces and educatioIial Il)eF1tLe and Atts ptogLanunes. PUBLIC BENEFIT III plaiiiiiiiLt Ilie cliaiity's Rctiiities for Il)¢ IreAr, Ilie trustee£ kci)l ill tnii)d tlyc CliaLty Cuiniiiisgiort's guidaiice oil piibhc benlfit. Tl)e F.verJTman 11)efiiLe piovtdes A ivide IAJige ol i¥is 2nd enterlzitllnent fol the pr)pu]ouon of Gloiice%iei'shii lid beyoIid. Tl)e PTogLaniine of perfoiininces Ihi5 year liad a lin1v1 appeal Ivith ceitAin shoKv% Aiined bpecIfic8lly At l#mily iudIei)ces. e.g. E¥ivlul Auiirie. HThirspL?y iiid l?eppR Pig. hlusi£AI piDdiiction3 Ecatured l)eaviiy. indudAng Il)c UK toui 0£ Je5U5 Cliiisi SupcL$tar. CliÈcago and Douy l)911011'¥ Flere You Coine Agli in. 'lThe aiinuAI pintoinime AladdiIi, EeatULlll)gTivecdy tlie cloivn- PlOlTed A very POPLd2¥ pioductioii f()i %cI)ool ylipS and farniliLb IhLoughout the cnutjry. nie tlie&tre also play¢d liost to tlie LoThdun CLI}, Ballet, Fjiiglisli 1 ouling Ope¥a. 4fLd high-piofjlc dL2tna productions includillg The l(it¢ RuneL and A i&IaA fol All S¢ason$, 111 3ckn(Jivle(Igtineni ol Ili¢ current ]aclc ul t¢JuriJig productic)sis, IlJe BvLryiTr)811 112d opened a pindiicijoti ()f JidsiitnsnerNi¥lit's Dreani" in Mfircli 2024ivlllcli st tUllLedkt to vcnueb fitOLuid tlie countL)p in 2Ipril 4Trnd ML Hy> to piovide n accessible and enjuyable PLX)duction of Sli?kespcarc. Ih%s year qaiv rhe 2.fjth Annivetsai)r irwvai OF Sttri)eq l-Iis l)ockets, oji ivhich the LireLyman collabr)ialed ivitli The B2Lii Iheqtie. C.iLCiiCCSteA. In tlic Studio Tlieatre Rv¢ ivoiked iii paitner%hip IVLtlI Bl?E ck Houtid l)iodiiction% on Thvv Iittiv adii)tHtioiis'. %hoilr)ck Iluhnel & A C.IILibfiy)88 fvIy5tery it lid I'l Elves &. Ilio Slioe]iaker. Tlie theAtie CfJAtitiued Ats policy of eJiAbling tho%c ivhu ale less able 10 pay In Attend Ilie l.Iveiyinaii- urAder 16s and over ivl. all oEleYed concessiut]s. Ileduccd price Pi111tamitiie tickets ivere made available tu byoiden the itAcli nf tlivse Ivlio could 2ttttid. Ive ivcre able to oEleL free PAntomimt iickei.s lo two lucal $chools fruin higli dcpEiwalton. To devclap future auth"enc¢¥. Ive have a illembettship schLine of[eLll fret Uckets to 16 to 2.fj yc*i olds. ,.1Cce ivas offered to mejnbers of the public its ivheclchiii. aiid tEIe ALE Legdar si%ned, capuvIied ii nd Audio-desctibLd peifoiin311¢e5, touch roiiLS. Ivjth thE hclp uE# fioi)i BArni8roL)d I'ru$L in tlie yeAi ive iveLe Able to rtp11ce 8nd gLeotly inipi'ove nui ii udio sy5tcin lor the dcif Al hThid ()f he1f ring. AdditlOlll1 lly, tliL hnusc Pii Xlt()iniii]e And both Siuclio Chiiblllliis slioivs iioiv l)IlVQ AiilluAI 'Lelaxcd' pcrfonnAnce¥.
GLOUCESTERSHIRE EVERYMAN THBATRE COMPANY LIMITED REPORT OF THE TRUSTEES- cotstitiued FOR THE YEAR ENDED 31 MARCH 2025 Public benefit- continued T'he educ3tioA and cotninw)ity team, 2 newlleAd of Dei)aruneni, co)niiiiued to oEfeL An extortsjve i?n%e of cout$e$ d Nvotksl)ops foi local actoIs. wtiteis, childien and young people c(JJnmLiWry gLOUPS, ivcll aeliirelll¥ c1151llL'nging Aiid dcvelapmeiitsl work in the Studiu Thextre. EDUCATION AND COMMUNITY PROGRAMME Our yOLlth th£i4 tre gioups continue lo exparjd 2nd develup, Ivitli i?Ll)gLTrl711nCb 11imed not jllsl st ytsiing ictots, biit also vnters And daAceL%. ()ur 'Lvenrinovt" c]as%es and 'EvetyNvrire" scliejiie alungside our esiabli%hed groups, I'tsutji Tlitatic mcmbers l]ad the opporiijnity ro perform in botli OiiL Stuaio"fiie?tie and (iii the LvtfjTMI)'b Injio slo. 'I'liey als(i ivoiked ivith youth gtuups from HeieEoid atjd IXlorce%tor 2 Festival OE Youth, at)tiual collfiboration ivitli tlir CourtyaAd Theitre 3nd the Sivan'IlicArre. As ivith previDIi& yLS, Ive ofl¢red jUJliDL find %enio h,Iusic311'h¥Atre SuiDmer,%chools. Regular iVOLkshnp5 fol LEfi]geL COMMUtiCS iveLe offered in e()llaborxtioti ivirli Clicltetdiain Welcomes 11efueb. led b), tlie EiietyiLAn's {l)rJun]ryr Arts ,[1]er. Wc cnniiIiued ()ur lli¢er-genciatioJial ivoi'k ivkrh lileftnvtlLtiI I"Ric Flome and Hesttr'5 WRY IILltn8Ly 8chool atd expanded tn aLqo Rvoik ivitlTr Kiinbrosc Catc Hume and St Peler's Primxry Scliool. Once a111, we $upporied over fAfry young peoplc un theiL iltls.IIvArd iouriiey> ofteIi a$ Ptitt of a PLDject piuductioii. Out iyoik ivith tlic Rock youtli piojett IOL di£ffecred yOULig%ters yielded a iJLiinbeL of AIrs Awfitds. Likeivise, 1 fJ]nicd i)ieseniation ivith students ft()m tlic Naiional StXT CDllcge {younK people ivjth disabilitie5) cutlIlated th a linber of the p1rtiCLpqnts gaining Ails Jlivii Ld$. 'Lcildensrei)" our daiice yc>ups lor niatu¥c dtinctrs. c(Jiitinui,d Aiid Miembe¥8 1)Ad rlie cipportiillity, 10 pcrE(Jrm At A nwi)ber o( public cvents. 'bvetyirOlCe" r cuint]iuniti' choi[¥, CL)i)iinued to CAge ivitli ovcr IUO sinxeis ivbo PAItiCLPAted sn reheaL5xIs, 5iigiiig ivoiksliops HIid peLforirJanccs ovei tlie tOllLqe of the yeai. Tlie clioiLS performcd u) thtLe pubbc concert3 at a SLILCtkUii C-,loiicestershiLe veiiuts. Tn ddiiion to hosung small-scale pLofcssioAal IOULiiig qhniv£, tlie Studio I"heAlic ivas used ro create Ajid develop work by local thextir Comple. siicludiiig Flicked 'FhuLDbs, HAintncipuzzle 31)d Tr.veLybody Panic. Iht UnivtLSiiy OF CloucesteL%luie iva% giipen 2 ILsideiicy iii tl)e Stiidio to blioivcasc tlic iv¢Jik of Licativc Illntiiig i)deLduthtéS.. 11 selectian of studcnts, pla}rs ivis dilccted and peLftsttned by local professi()rLiI creRtiTrTe¥ ind pci(oiiners. C)ur B"fEC studcAts AL50 perf0thed & rlutnbei oEtime$ hele ovei the coursc af thL yeai. Dulljg this ive cteated tlie Threo c.ounties TltAt FIub ii) coUiboLaUon ivith hIlvern Theqtres Riid IVut¢esteL I'lieatiLs. Tl)e object c>f ihc schtine i% to cvmiJiis5ioiI locAI PlrrIg11ts (from Wit1 C'lauccstL'Lshi, Heiefurdsl]iie Jid IvLeeSte¥h1lf) to cttate neiv plays, stRKe them ivith locil pioEessional pciEomiei% and creAtiveq' expiid the cach ol the ivork thiDugliout die tliree coiisiiie¥.
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMETED REVORT OF THE TRUSTEES- coniillued FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENfs AND PERFORMANCE Dy blFiging hs£li quAIity fta vaJJed perfollnceS, antl cxe8tS a ivide-iencbiiig F.ducarioii Rnd Ctynnt)IlY pruBtamille, tlie 'fiatle mi't its fiindoment21 tArgcts iIi len8 OE quahty aiid piibb"c iJ)vOlvctn]l. Over ihc COULse of thc year Il)c LveryinAii sraged and/oi LecLiired a hjgh standaLd of touiing i)IDdiict, Ivith eitellent tscket sile%, cspecsall)p EoL"profilE" ¥hvNvs like CknC2. We ivete &ivnrded the south Ivest Cirde to Succe%s C.ommuiiity Aivaid for OUA ivork witliin IOCAI cuiniiiuiJitiES 'IIL ye1 siaLted iwtli 11sslJights iftcluding ii ivard-IviniiLI)g lyllcist Sjr Tiin Ricc tcflccting an his cxieer, tht Orinl CASt nlDrop thL Dea Dnnkc}r In a stag¢ adaptatiui) olthe bliow, Corlo%.Icobta ptoiridll)ga Q&.A to aecoxnpany Iliirnisigham Iloyat BRllet's perfomiances uf his ivotk, Ind aivaid-Ivinnin% sl)oivs, Lif¢ of Pi aAd'tht l(ite Illlniier. JI inore dif&cult petiod Inllawed.. 14onoie & Cli,de ivas cancelled at short notice by tlie pioducer%, and hvo petfoLtnances ofJesus Chtist Siipcrst8L iv¢¥ecancelled; ()iie duc to rumuured tic)ts, ajid anoithet due 10 a Incal i)uiveioutagc. tsl $lioLtage of pduct led to difticuEtie5 iii scheduling the Autiiin1i 3casoM #Dd gLeRtei fiiiiiicsAI risk ivith Jnc>iE prodiiccLS requiiing A 8UOiantee. Our fortuneg tULned ivitli this year's in-liousc iiantrjmime of A12dd£rt'. the i)aJito ivas once figain a huF success, bcing i)ominatcd for multiple tli01al XiVaLds Ifol PLodiictioA desIgn. cosruiiics ALid PeLfoLll]AJice) qnd rccesKryng ieiqeivs over 45,(K)O puople illtejided fLUln #ll ovet the country. iiiduding oveL 150 schnol parueb, aiid thc fiJiAI qu11rei' of tlie YCAI IVA8 veLy SIL85 iwth produciioiis includittg Clu"c2go, Il foL All %eAsOllS. Roek5' FlotEur Slioiv, Six, And C)Ld on tht Tnin. 'I'lie nutnbei of perloLmaiice$ pie5Cllted iii tl)e hlAlll IliiditOLiULn and Studio 55612023/24.. 54.51 Nvith RttcJJd4fiiices iotalliIJg 240,042,12023124.. 196,CJ381. ,ItteJ)dances ivLLr dtxwn 85fj111 12023124.. 84,1,) fron] Gluucestershire nd 15(/b 12023124.. 16.1.1 from ouisid¢ rh¢ cnunty. Wheii 22.264 PaLticipii)ts CilV¥itig ivitli EducAti()n atid Commiinii3p cou15tS, PLojectg xttd pe¥forminces added, the tLil¥l fittendAnces foi thc y¢%r aiL 262.306 (202Tr124.. 215.43C)l. FINANCIAL REVIE Tiie coiLsnlidated iebuli> oltlie chArity nd its QgfL?Ung subsidiArics loE the year are set out Osi p 13. I'lie l$dt of touyiiig product, ¢2ncelled piodiictif)ii, ancl IiJh iatc OE infliltlon CLeAted considtrxble flliancial pieq%iiLf in rlie ye8r. HoivcvcL, Ive bcnefitted fioin tht successlul pLograminLng of A nui]Ibei ullarKe and popiilfir shoiv$ 8Jid >iifjde 0 5uiplus OE £136,017. 'lliis 5uipliis ivill be us¢d to help the chAJJry AclTrievc its vbjecuvcs. Ab det14 ded iii the Resctve ecuoii. SI)OJlSOTship cliHtitl1 ble dOnAtOn$ remaui an tmpoitfint part of tlje 11]eAtre'$ iiiconie.'Ilie Everyir#tt 1% PArticiilady gixfeful 10 it$ tiiatly SPOnS(JL%. ill Pjtticulxt tlie tslits Cuiincsl LtigilAnd aiid Chclieiih?tn BoiouglJ C.ouiicil foi d]LiL coniiiiued siii?pori. Tjie i)etiod coiieLed by the CiiLrellt ALts C()uiicil EJigE)i)d bcen exiejided to ApLQ 2027. nnd fi fiinding agieement ivsth Clieltefthnin Botougli Coiincil is in place foi 2025126. A key eltmeni of UUL Stritttgy is to exPAd prvvisiorl of iVOLk ift the coniiniujity, and Oct¢Jbei 2024 ive PiiLcIIAbLd PIOPCLty iIi Grove Sti'eet, Chelt¢nliam tri re£iiLbisli l)dp ug Lneet tliis objective. I'he £374,0(K) PLopeity acqulled for £274,0110 di8nk% lo die siippott qnd £efteLQblty ts( tlic Sell, the C.helrenhain Kvesl Ltid PaLliieL%hip Lrd. A fuiiclrqisiag camp21 beei) mouiited to ineLt Ilic refvrbislimcnt and opeiatiiig costs. Tl)e IcEutbisl)ment Ivc>ik conllnenced m September 2025.
GLOUCESTERSHIRE EVERYNIAN THEATRE COMPANY LIMITED REPORT OF THE TRUSTEES - totstitiued FOR THE YEAR ENDED 31 MARCH 2025 Investittent Powers nd Policy lknc'l'niste¥s ivid¢ investmcnt puwers, And niay exciastt all poiveis ol Ilie charity siibject to the chfitity's ch?titfible ubjeciive %tlt¢d llboiTe. Reserves Policy The TNstees btKive to Stiike a ba1211ce behveLsn misntauung LeseLves tn cnsuLL the conijnuiry ofopetation%, %upport rhe objecti1S of the chArsry, and to masnt8111 the (Fradc 11 Ji5ted biuldingivitlwi ivliich it opeiates.'IThL fjr)Ilowing pll13¥aphs piovidt rther nlL13tsve %ULrDiiiidiIig tlie putpose ol CAch reberve. 8$ detRiied in Iivtr 2114 nd 22 01 tlie 2cetsiints:. Tlie Continuiry & Excepiionals CircumBtances Fund is £950,1)00 8iid ivviJd covei tlirce moiith% of CotnItted expidtLe, Allowll)g ihe'11iefitre tu maiiitjiti (Iperxtioiis and meet it% obligAtiun¥ iEan exception21 cIrcuinstante tiused I sudden of CMe. ThÉs fund Kvill be Icvicived Eegu]ailip to ensuEe it i$ miintaittcd at ihi¥ [qltcd levcl. I"lie Major Mainfenance Fiiiid 1$ 1-.SOU,UUO. Mie trustees liavc idcjitilied a scliedule of £l.400,II of re4uii.ed ivoik5 c)vei the nexr IO+ years ivliich 114ll be dciiveied in a io]]itig piowini]IL. b#%ed on kry prioiiiies. DuLing 2024/15 tlio F"'Lollt oEHouse ivindtsivb Ma house dy)]nier5 iiAdcLiVCnt ECPRiY xnd teplacement tu staLI off this i)laii, and 2025126 vill See iveStMent it) tlie fLoni of hoiise lift and ail hRAdlir%g. £120,262 iv%s utili$ed in thc Ipeat xxid h1$ been ieitnbiilyed vith 2 txansftr fLOtn Undesited FLJnd5, The objccuve jb to incrcAse tlIL ILVLI ol this fund tu £8%0k OVCL rl)c iieii .5 y¥11 LS to eiisurc all business-cntsc#I aslets undetgo x tliorrjugli rcTr4ew {othei exitnples Jjiclude the 5cciic dock lift. tkLe iouf aiid tlie boiteL T]Je Grove Stteet Fiittd iv2s cie2ted in 20931J? Ivith i [, 400.Ot)O traiisfLr fiom uiidesiy)at¢d ieser¥es ivhicl) thcluded a ¥tneroiis £45.000 bLqU¢$t fxoin Lady Jiine IvlArycIIuLcII. kry objecuve of the cliAllty to toiltmbute to tl)e qiiaii4' of Ikfe nf thc people Cl)elienhAm GluucestL1511iic by expHIidii)g rheii hotizons thr(>ul) high quabty cotninunity Lt% ACtiNrytics, evciit¥, aiid piojects. 'fo expajid oui provision of ivork irt ("Iielttnliiiin ive pyrcliased 2 pioi)erty irl CJrc>ve Strett, Clielteiiham iii OctubLI 2024. 'fhc prrjperry will be kjioivii as tlie Eiry1na LducAtion Certiit Il]fs fund, Ivhicli has bEen LtnAnicd the Everyjman Education Cejitre F41nd, eJiAbled us to coinmit lo lrfutbis1g the piop¥tty wlijle ive %eek fundng paitners And donatioiis for tliL PlOjCCt, and Kvill ilso be u%cd foi expai)sion. Tlitt Community Work Ptojects Fund lias L135.000. Duriiig 2U24125 £9,706 ivas illVLStL.d in * coininuillty pLojecL eiigaging Il)e refugee ¢ommunLry kite fe$tiv#l, aiid in a coilabniation iviih other local orgatUSAti0115 to cdcbrHte tlie life ¢if local composeL, CJU5tav l-lolat. The liind lias btten Lesioicd 10 £135.OW with a ttaSlsFet ftom uJidesi¥n?ted reseNe&, as thi5 futd ivill lielp u5 PLoiryde moLc pLosects it) d)e cott)JnutIy. Tlie fund fot In-Hous¢ Ptoduttiotks & Tours iv2$ cre3ted to supi)01l OUL 111-hou5¢ It)d cc>-pt(>duciknn ivvrk, due Irj tlie inhctcnt finxxicial JniTc>lved ij) 8ucli piojtcts. Ive ivere succc8sfuL in 2024125 ajid receiired iticuine of £161,L113 ELOM OUL cn-pioductioi)s in'lthe 14ull fvloJ)ry iiid Haitspiny. 1'1u% gam IiAb been tLEnsEcrLcd to uiidesignateJ reseivcs t lexive Ilic In-FIouse Productions & I'ours FLind ivitli £65.000 ivl)icli 15 deeined Ali apptc>pllale level foL 202512C?, Ivh¢I ve 81¢ inircsting in a co)-PLodiiction of Nlilitiry Wivcs bui ale not uiidcilakii)g the iJqk5er Activity r)Ebcing style i)LY)diicei OE a nAtionHI tOllL,
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED REPORT OF THE TRUSTEES- continued FOR THEYEAR ENDED 31 MARCH 2025 Tradiug 5ubsidiat&e8 Despite conceLns sn rlie tlikLxI quartei af thr yLAt tl)al custoiners, disclytiuiiaty spcnd ivas ieducLll£ due to ecr)iJonuc pressures. 6(Ir the full yeat, tlie Glouce%tcrslllre Eveiyman'I'hcatrc Calctuig Comi)arAy Lirnited pLtsOiiced A 4 10 ti)cYEa4e in 5Rles Dve£ the pievsoiis yer. Ir ilso iinprov¢d it% globs mHrgii) peiloLtnatice fLOm 71.(V/o to 72.7n/ts. Tliere ivas liigli vage ittd cosi infliuoj) duriiig il)e year, but the business ilsL) Inanad tu llnprove its nct plofit perEoLinance ftum 9.31Tr/ generating a profit fo£ tlie yexr (>f £()6,5l)O which Lt d()natcd to thL' tII¥Atre12023/24: 03,827). DutiIi¥ the year. tlie C.loucesteishiie F.,'tteLryman Theatrc Productions CDIiIPlny J.td cKeated a wbral pLoduciiiJts ol ,{ladd iji the Maia JKuditaiiurA ivhich ivas ejijoycd by fatnilieg ai)d sc1)01 paLtiLb fiom Jll PAii¥ ul tl)e county. 1-Iie CFoveLriment LetRIiILd uIie fsJJal year, the £rebe Ixtes ol'l'licarre TIN Relief that liad been broiight in ts) lielp the sectOL AEt¥L tlie CovLd pxndemic, and diis uratly bciicfktkd t1 company, labbI]g st to dosi8re £180,581 1202412.4 '.£174,147} lo tlie tl)eaiLe. Ift Jlpril 9nd hlay of 2Q124, thL Gloute$iershiii Everyjnii tiTIat[c.,0ujjn£ Crjmpatty Ltd touied nationally il¥ ptoaucuD oE,.l LktidsunllnerNJght's DieAtn ivhkch lii£ d opentid ai tlic'LlieatEe in fvltirth 2024, Ui)furtuiThtdyJ depIte e#t %uccess lid Iiigli sales IA Cheltenliam the productiun did A()t fttrt a9 Ivell xt utl)eL venucs aiid innde 2 IL)ss of £83,770. Tlic lus l)Ad been recogTus6d iii tl)e 2023124 Accounts xna th¢reloic the subsÉdiAiy bLoke cven tsi rhe yeai. PLANS FOR FUTURE PERIODS "L'he majuL Focus cc>iitiniie.% lo bc a disiitictive, Iiigh-quality charactcr iii Ihe Fveryinaii's PLDgtxiivne, Ittr2ctin stiong irl<ing ptoductiuns aiid pxoduciiig hi8h-piofde iVOLk in-house 8iid for Ir)ullng. To addrc48 the Lisk uf yp% sn dje sclicdulc fruth * lack of ivail?ble pIoduct the Lisll olreduced 2udieiice numbets due to ittflation2Ly pres%uLlS, tcgulaL revieiv% oEthc business ivill cojitiiiue to tAke place to erL8UIC aii5r nLcesbXiy chinges aLtt iinpLL'mentcd quickly. A siKniftt2At focus dUg 2025/2C) Ivdl be fundtaisiftg for rhe neiv EVCL yiiiin LlducxtivJJ Cenue Grove Siieci ai Innang the refurbislitnent UF thL' piopcrty 211d eKponsion of Ol Ediicatiott & Community team to dcknvei. InoLc ivork IA tlie cotnniunity, th R iryeiv to Il)¢ centsc opejiink in,%pritig 2026, eyond thar, tlie Lveiyman 14 looking lo cbtablisl) 41 flo61e. Inulti-putpv%e baqe iji Glo)uc¢steL, Ivliichivi]l a creAtive hub fvl pe[011g aits oEall slxApLs, S05 Aiid foYinÈ in tlie C.iry, Inteiing Ili¢ needs of as locgl groups xs i)0sI1C. It 21s0 #Ct as a ba.%0 of DpeLititiiifi foi 2 dedicRtcd F.ducauon ajid cOlnity I"eam to reacli our ?ciDs5 Glouce.%ter to sch1$ and coix)JnUlllty groups asid build on th2 Lelatioiisl)ips alreidy bting forxed in tlie f.ity. In conclusi()n tlie Bo¥ird xvould like io expiess its apprecittiiotj to il)e 1heatie's Chief Extcuuve, Illark Gouchei., the JnAnigeintnt teain aIid xll Ilie si¥ff. for tlieiL I)aLd ivork 8Jid coiiunitmeAt ivhich mxde 2Q24125 sucli a satisfyiiig aiid valding yeii i fal oiir audiences And pALti)ei¥.
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED REPORT OF THE TRL'STEES - contittued FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES, RESPONSIBJLITIES IN RELATION TO THE FINANCIAL STATEMENTS I'lje purpose of Ihis statement is to distin¥L]ish tl)e ILll$tee4' Lrsponsibibties telautjn ti) financjal statemeJ)ts and Iccountiiig Lecoids tlirise of tl)L Auditnis As stated in their icpott. Cl)Aiity #nd compai)y laiv requeS the trustee5 lo preparc tLLiaAEial btatemcnts fol eacli fJnAnci*l perii)d ivhich £ive a tLIIL Aiid (xii y1v ol the state uf afE?ilS And of thc iThcoiniJiK tr,wuices 2nd appiicAti(>n ol resourcLts of Ilie ch?tily Evt that pttllod. lil prepAring tliosc financial statcineKXiS tli¢ trustees kie requiied tth.. sÈlect S[ble AccoijrLtg polkcies aiid Ilieti apply tlwtn coAstst)I1y. obsetvL tlic n]cihods And PLjI)eiple$ itk the ch%iiry SORP.. ike judbFancn15 Hnd estllD¥te$ that ale re28un3ble ai)d prudcnr. PLepate tlie firtAJltsal st#temeixr8 011 x go>iiiK conceiii basis unlesb It 1$ inappr(Jpiiate to Assiifne that rhc clJ2rity Iv%ll caniinue io opeThte. In addition, the TLtyStees responsible &)r keeping piopcl accouJ)tinK records ivhich disclose iviili Lrasoiiable qccutAC}' at 2ny isme IliL fAn2Acial pnsitinn of tlie cli#rity aiid to enable thein to ensure rh21 the fiJiancAal statcinesits coinply ivith ielev&nt l¢gi%]atson. The TLll$tees ate Also rÉspo&issblc lui. $8feguaiding thc asbets OF the di2LXty &nd lience fol taking ie25011able Steps foL the i)ievciitioti aiid detecuon (J£ Eraud aiid otlieK iiregLd8iltie5. STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS So r As tlie t¥u%iees ?IVALE, theLe no idcvRlIt audIt iiJEorniatsoll las defiiied by Section 418 of the Cnmpaiiies Act 20061 of ivlucli rlie chaLjty'S Ruditot5 arc unaryvaLL, al)d cacli tnistee l)A.% tAktiJ au flie step5 tliat hc/%he uugl)t to Iiave tAkeii as 2 trustett IA ordei to inakc liiinselllheL%elf ?IV2LL of AAY LelevAllt oiidit knfonnaiioii and to e¥tiblish Ihxt tliL chAlity'% &uditois Hrc aivxKe of that iAfolliiauoii. AUDITORS BIC PILiS Iludit Lynited havt beei) rtapposntcd foi a tIILee-}TeaL term. until the xudil far thc ytai t(J 31 fv1)LclI 2026. This Lcpnrt has becii pt¥Pi1LLd in ?ccord2tice witli t[ peCial pruirlSlOI)s oFPaLt 15 of the Coinpanies Acr 2006 LEkiitJ£ to S&1[ eiititie5. ON BEHALF QP E'BOARD Tnistcc CLI OM DHtc'. 27 0
REPORT OF THE INDEPENDENT AUDITOR
TO THE MEMBERS OF
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED
Opxnton
VL lixve audited the fin&t]CiAI Statements of Gloucestek8luLe Éve4TmAn Theatre C.oinpAny lthiited {thc cl)4LLtable
¢otnpiy,I fot the yLai' endLd 31 h.Iaieh 2025, Ivhscll coinpiise tlie Consc)l1(141Yed %tAttm¢nt of Fiijiaiicial Activities, d)e
CoJisulidAted JAd C.hatity Statrincijts of Pti)aiiciai PositiOJJ, the ConsobdAttt.d SraieineAr of Cash Floivs notes to Ilie
finAnciRI 5tatemcnt5, iiicluaii)g 2 siiinn¥iry OF 5È8JiificAnt iiccountuig pohci¢s. The fiAILncAHI teporung ELameivoik thAt h2s
bccii xpplitd iii t11e picparatioii is applicfjble kniv aiid Ui]Lted l
REPORT OF THE INDEPENDENT AUDJTOR - continued TO THE MEMBERS OF GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED Maiters on which w¢ atc t¢quired to report by exception III tlie hglii of the kllolvledge fiiid iindeigtanditiBF E tlie Lhatiiablc compiilly al)d its enillyollineni ubtled in the c(iurse uf the iiydit, Ive havc nut identified miteEiAI misst8teineni$ rl)e RepoLt of tlie TrLlbtees. We ntsthing to poLt in respect cif tlic fvllo1g mitte[8 ivhere the C.oinpRnes Klct 2006 requLies u5 tu report t you JE, In our opuuuii.. AdequAte accounting tCCf)Lds11ov¢ not beeli kept ()r rttiittib ad4U?te EOL Out Audti l)Ave iiot been £eccived fLoin biaAches lryblteLi bir us. OL Ilic finaiicial siftLeniclltS aLe not in agteemtiit ivitli tl)e occouniiiig Aecoids ai)d retLiLn$' or certaiii discbsuies (If tLU8tecs reinunei8lioA si)ccified by laiv arc not inAde: r)1 Ive liave not receivcd all (he lfO[lall0 explanations ive iequire fot our 11 uth"t' or the Trustees iveLe not tniirled to PLcpaie tlie lji)Ancio1 £lAtemesits sn accoidHct Ivith die sinAII comp21ULS L¢gitnc nd lake 2dvant8ge oEthe liall cornpatues, LXLlllPticJn frotn the t¢qilll¢Lnellt tu ptepkre % Stiqtcgtc Kcpurt Of Lll ptepaLin¥ the Repnit oftlie Tusrceg. Respon8ibilitie8 of tr115tees A expL11nd niorc fd]y in the %tAtciucAt olTiu$tccs Re¥pOAsibi.lles, Il)e Triistce8 {Ivho Ire olso tlie dlieciots uf Il chArir2ble con]pany foi Ihc putposcs ol compiny lalvl #Le respoii¥ible for tlie pAcpaL?tioii of the fAnCiAl SL?tetnet]t5 Jid foL beiAg satisficd tliat they A tiue Al)d fail vieiv, 111d foi such intexnxl crjnttul R$ the 'fiusiees deteiinine ss necc553ry ttj ejixble the pEep2rAtioft of finaIiciAI sroteinents tl]at liee ELoin mllteisAI itiiÈsiai¢inctti, Ivlictl)ei due 10 fLiud erTOL. Ill PLePALllJg thL. fmaiicJ21 statements, the I'£utei's #Le iEsponsible IOL aSSf&bing thc chajytable comp81)y, Ability tts eontinue is & goijig concein, dx5clossn%. aq 4?ppkcable. Jn3tteis rclHtrd to gotsjg cusieein iIid USLI)¥ the going coi)cerii basis tsf accouiiun£ uJde&s dic TinsteLs eJtheL Illtend to Jiquidatc Ili¢ ¢l)atttable cuinpartir oi to ceH5e npciativns, or knve iio reabstic alteLiiative biit to do so. Auditors responsibilities for the ttudit of tlie fitt4tkcial sttemenis ()ur objectives to obtain icasvniblc assurance abr)ut ivljttlier tlie ftsiatlciiil btlitements is 2 ivl)ole are f¥te froiii mattti?I illi5Statement, IvhLthtr duc to fiAud oi ertor, 1nd to i5ue g RcpoLt of tlie Independeni Audittsr tllat Jjicludtts OIIL npinioiL. ReasonAbl¢ .?SSlJlAJice 18 2 high Itvel of assuiaiice but is not fi waiantcc tliHI 111 aiidit conducted iii accotdHnce ivith 18As (UK) will it livays delect a inqtcJ]al n]isstAtemontivlieti it extsts. h,tis¥ixieinexits cAn Le fEoin (tLid ot ¢LLnY aiid considered n)arerial if. LtJdividLIAlli' or in tlie figgiiegqte, tlicy i¢asoJiably be expclea to influenc¥ tlie ecoiiomie decision8 ofuseis taken uii the b4.qis Df these fanCIaL 3tatclnetS. Iriegularstie5, iAcludiAg fiaud, are Inst2Jices of non-compbiiKe i¥itli law And tegulaiivtis. We desi1 piL)cedures irt line Iviili oiii rcspon5ibilities, oijtlsned 2buve. to dctcct i#Rterial ISstate[en1l ift Le¥pect of iLrcgulAAllues. ClUdIng IIttuLI. 'I'lic Lxtent tt) which OiiL pyuceduies aic cApable of detecting iLLegiLiUcS, iiirllldii)g fiAud 1% de12iled beloiv.. Tn idenrifyitsg and A%se%siAg ii5ks of mater121 misstAteineni In Lespcct uf ir¥egulauties, including (Mud qlld nort- Cf)mplinnce ivith18IV% nd iegulAiion%, oui piucediites iiicliLaed thc Eollviving.. enquiries of mAnagcinriit ii)cludit]g a pte kiidii tnteiifig. obtaitung and rLvieNving supportitlE dacuiLentAtiort (Jf policses ci)IiccrniiJx Ilic IRIv& IiAd regulaiiviis api?licable ti) tlie cl)21'itAblt coinpany'5 biisiaebs: uiidtt&tALidiiig liow tlie cltsLii#ble cg)mp8n)r coinpliLb ivi¢I) Its Eeyl*tory fLaJncivotk by inaking cnquiiJL'% fjf C()A5idLLitJ¥ the cultute iiiljerent sn rhe chAritAble cuihpany and ivlietlier tkns iepicscnt¥ a ciiliure of hLTriiesty i)J el1C21 beliaiTlOilt ivitli 1 5troiig nphi1S oji dclectiuii ttd prcvejition of EIRlId. li
REPORT OF THE INDEPENDENT AUDITOR- continued TO THE MEMBERS OF GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED Ive assesstd tlie suscepubll.ily of tlie chxiilable cotnpani % fLnaJicial stxtcmcnts to mis$rat¢nient RAd ctsijsidcred hoiv fiaud might QCCUL. Ti)e audit ptocedures perEomitd kiicluded, but ive£e rtot iimit¢d to.. chRUenging moAagethttIit 3ssulnptlIS 2nd estiJnatCb' idenufying ajid testing uAu5uRI jouixial erltries.. SSCS3ing liow the LelevAiit Igivs and Legu12lltriis have beeji comphed irritli Iitjilljg 011y instArtce8 f)f non Comphace. IEvieiving tl)e f5llii nctal st2temeAt% coinpb"giice ivitli the ielevaiit Accounting Sr3t)ditds Alld RCCOUnting ItsItion applicable to eliArErable coinpAriy: t()A8iderii)& lioiv those cl)aL¥ed ivjih g¢)vernan¢e IIAve adLILessed tlie possibi]ity of ii) overllde oif essentiil contro15 OL Othel snfliience ovei tlie fiiiai)ci&l iewriitlg l)Locesses. ITh addktiuji, Ive al%0 considered othcl iioji Fthancial Ixivs relevant to the cl)31Ltable cuinpaJ)y. 'Il)e5e do Atst nctr8¥ara}' haiie n direci uiflu¢nc¢ vil the flli#ncial statcmetits hut n]iEht affeci Ilie chatit2ble coinp8nls abdity to opciate. fuLrliei desctiptic>nof oiTi r¢%i)ollsibi)itJeg foi tlic Audit of tlie faliCial siat¢inentS Js locatcd OTh tl)e F4inaiicial Repotting Cvuncd's ivebsite at iwviv.ftc.org.uklAuditOf8tespoIisibdities. Tl)is descriptioo Fgllllg PRIt E)F OUL Repoil Cbf the IndL'peJident Audktor. Use of out teport I'his iepoil XS tni1ae 501cly to tlie chAiiiible company'5 membeib, Is a body, in Accordiice iviili C'hAPteL 3 of PALt 16 oif the Coinpajues ilct 2036. OUL aiidii ivork h85 been usidvr11& ken so tliat we miglii slate to the cliAritable company s IneiYJbers Ilio8e inatters we ALE ELquiird to %tAtc tu them A Report nl rhe Indepcjident iludilai and fc>r nii otliei pUo$c. 'lo tlie fidle9t exttnt periDiiicd by ]aiv, Ive do not Actept (>1 a98uine resporLsibility 10 firly01 ot11 thHI) tlic cIIAf£table eompxny and the chaLllable coinpiinST s nlberS as a b¢xly, (QIL audAt Kvork. fot thi4 iepori, OL lol the upinions ive hAve foimed. ROGER DOWNES FCA (S¢tiior StaThitory Audito) B KPLLS AUDIT LIMITED Ch*rteted Cettified Accoiiniants and StatutoryAuditor 6 Manor Patk Business Cenire Mackenzie Way CheltEnha Gloucestetslix 12
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED CONSOLIDATED STATEMENf OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 To¢31 Futkds 2025 Tot] Fiiiids RestriLtedUntesiticted Funds Fund$ 2024 INCOME FROM DoiiAtiOA5 ajid IL'WA¢xes Inole 291 Otlier tlathng 2Ctiwties It]ote 2bl liivostineJiE Jncome (note 2cl 76.728 558,713 23,609 172,113 635,441 823,609 172,11.3 673,872 781J,847 143,41C) 76,728 1,554.435 6,576.684 295,250 I,C)31,163 6,57(i.C)84 295.250 1.607,135 6,328,4"1 255,451 Inco)tne fiom Cl)aiit2ble J¥ctivities {noie 3) Othei ijicume {note 4) Toial 76,728 8,426,3C)9 8.50.3,097 8.191,064 EXPENDITURE ON RAising fui)ds (note 5) Cli8tt18ble acuiotses 687,1fi8 7.603,1)( 4 687,'158 7,705,339 679,504 7,16U,952 102,145 Toial 102,14.5 8,290.352 8J92,497 7,840.456 NET INCOME/(EXPBNDITURE) BEFORE TRANSFERS Tr3118feLS bcttvcen Eunds lijote 21) 125.417) 136.017 110,6(N) 350,608 NET MOVEMENT OF FUNDS INYEAR RECONCILIATION OF FUNDS Bal8tLte brought fonyard ai l Aptil 2024 {25,4171 136,017 110,600 350,608 .58C),107 2,436,4C)3 3.025,% 7Q 2,674.962 Balance cattied fonYtd at 31 Match 2025 563.690 2,572,480 3,1.IC?.170 3,02.5,570 Aiialy8¥s of (unds (note 21).. Uiiiestllcred byeiielxl fisndq Desi)ted flind5 Re%iLicied capiral fiinds IlcsrLicied iiicome Fujids 522,48CI 2,050,000 477.427 86,263 386,463 2.050,000 501,663 87,444 3.136.17CI 3,02S,570 13
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED
CHARITY STATBMENT OF FINANCLAL ACTIVITIES (INCLUDING INCOME AND
EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
Total
Fund5
202S
Tot*1
Funds
2024
RestTi¢ied Untestricled
Futtd6
Funds
INCOME FROM
D(iiJit uons Itgacits (note 2a)
liivesttnent iAcame lijote 2dl
76,728
558.713
489.145
635,441
489,145
C)73.872
427,906
76,728
1,047,858
6,576,(184
1.124,586
6.576,()84
1,101,778
6,328,478
liicome fi'om Cliaiitable ilEtivitie8 (iiote 31
Utlici iiicome
Total
76,728
7,624,542
7,701.270
7,430,256
EXI>ENDITURE ON
RiisiAg funds llloie 5)
Cliariiable activities IAI)te 61
102,145
7.488,5
7,590.C)70
7,079,612
Tot&l
102,145
7,488,S2.5
7,590,670
7,U79,612
NET INCOME/
GLOUCEgfERSHIRE EVERYMAN THEATRE COMPANY LIMITED CONSOLIDATBD AND CHARITY STATEMENTS OF FINANCIAL POSITION AS AT 31 MARCH 2025 Group Chirity 2025 2024 2025 2024 FIXED ASSETS Taiigil)le a%%tts Inofe 12) Inirestittents IAI)te 13) 1,665,061 1,36.3,759 1,6(16,45C> 1,327,782 1,665,061 1,-16.1,7.fjt) 1,606,4(10 1.327,786 CURRENT ASSETS Stocks Debtors (note 14) Cash Al bank aild in liand 10,308 719,929 4.+10,700 18.C788 809,183 4,666,780 5411,937 4,378,4_fj0 681,1.31 4,576,214 5,170,9.37 5,494,651 4,919,387 5,2S7,345 CURRENT LIABILITIES Cteobiois.. Ainouilt% Eiilliiig due iviihiii one year li)oit 151 3,448,681 3,484,-51)2 3.138.-%.10 3,212 ?23 NET CURRENT ASSETS 1,722,2_5C? 2,009,149 1,780,8S7 2,045.122 LIABJLYfiES CreditotS.' Amouiiis fAlling duc RfteL tnore ihaTh on¢ ycai (note 161 251,147 347.358 251,147 347,338 NET AssEfs (notr 17) 3,136,170 3,025,570 3.13C).170 3,029,570 FUNDS OF THE CHARITY (note 21) Re%iticted funds Capitr&il lunds Orlier resttiLted lunds 477,427 501,663 87,444 477,427 86.263 501,663 87,444 Total restticted hJnd5 503,6(JO 589,107 -4(13.690 $89,107 Ujjiestiicted ixicomt futtds-. C7eiie¢al Desi£ntsied fuiids 522,4811 2,050,000 386,463 2,U.50,000 522,480 386,463 2,050,11011 TOTAL CHARITY FUNDS 3,136,170 -4,112S.570 3,116,170 3,02S,570 Approved l)y tli siees 011 27 OLtok'r 2025 Trnsiee Tm8tee G Milrter For aud on behalf of the ttL¥Stee6 Ili¢ 11$ 7J lo J5forNifvi/ ofFth&<Jiii¢yiiivtslsKiil¢wk¢Jil5. 15
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED CONSOLIDATED CASH FLOW STATEMENT FOR THEYEAR ENDED 31 MARCH 2025 2025 2024 Cash flow8 from operating activities CAsh geiieLAted fiojn operating fictiipities InteLest paid 134?35 C)31,913 121.87_51 153.1001 Net cash fxom operaiing activitie5 110,4CI) 578.813 Cash tloivs ftom investing activities Puicliase of tRng*ble tixed assct% IiilELCSt Lfcckvcd TxN)utsii ieceived (442,723) 165,470) 172,113 143,410 223,4fj1 147,01)0 Nci cash frtsAn Éttvetsting activitie8 47,159 225,0.10 Cash flows from fiDancrng activities tepRymentb in year 1289,381) 1486,C)c)ii Net cash from finantittg actAWtties 289,381 486,991 IIicLCAse/ldec¥easel in casli 2nd C8Bh eqval1 122C).0801 316,852 Casli and cfish equsvalejits it Ilie begiAIiiiig of rlit year 4,666,780 4,349,C)28 C#sh and cash equivalents at the end of the year 4,440,700 4,666,780 16
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED CONSOLIDATED CASH FLOW STATEMENT - NOTES FOR THEYEAR ENDED 31 MARCH 2025 RECONCILIATKON OF INCOME TO CASH GENERATED FROM OPERATIONS 2025 2024 Net income Depreci8tioii clifiY£¢s FiA¥ncc costs ritJHAce iiicoioe 110,600 350,608 141,421 .137,054 23,87.S 53,100 1172,113) 1143,4161 103,783 397,-146 8,-180 (2,9371 89,254 {131,8201 67,082 36<),324 DccieR8e/(inciex$e) in sl'ock% Deci¥xse/(inciease) ILade And uther debtnis Incre•se/ldecLEAse) Jii trade and oihcr crLdiioLS Cash generated from operating activitie 134,-33.% 6.31.913 CASH AND CASH EQUIVALENTS The fin]oiiiits disclosed on the Statement of Casli Flnivs iji Icspcct of CiisII 2nd casli eqiiiiyxlents ale iespect oEthese Statetnent of Fi112iicial Pi)sition kinE)Uiits'. Yeat ended 31 Match 2025 31.3.25 1.4.24 Cii qh #tid casli equivalents ,440,700 4,666,780 Year ended 31 Match 2024 31.3.24 1.4.23 Cxsli aiid casli Lquiyaleiits 4 666,780 4,349,928 17
GLOUCESTBRSHIRE EVERYNWJ THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (a) Going Concem Tjie Iiej, i%.%iie for go>ing co1rn is the poteijiinuy d¢tLSmental Lffect customei dcinand the cilrreni econrjiiiic uiiceLtaiiity and inflxbonaLy I)ressUL5. The tLUStec¥ hve consLdeLed tlie stnpact of t.5 on tl)e Tl)eatrt's ctLe1}t aiid fiitlire 15iiaiiuRI positlall. at 31 LI,1ILcl¥ 2025, IhL Theatie holds unr¢strictcd general LE5¥tves ol £fj22,480, desitEa LCSCnTrs tliat caJJ be dLAiVii doivn, if nccesb8ry. ol £2,050,000, and RiJ]2blc cash bAlince of £,? 473,834. Tlie Nl?0 8£311t frtrin Arts C(>ui)cd Englaiid Iii& s bec exr¢t)dod to.4piil 2027 AThd t1 Tl)¢21tr l)q a8ieeineni iiiirh Cl)eltenliTrni Bolougli Council £oL tlie yeai 202.5126. Il detailed pLDjcctivi) h$ beeji mAde thi% supports the vIV 0£ the ttvstecs thAt tlie TheAut h28 sufficient unre%tL.ted re5eLTrres knd cash floiv 10 coiitiiiue as R Xolrtg conceLJ) fuL a PCLiod of xt le?qt 12 Jii()iitlis ELOtn the date cl IV"Ch ihetse finiiicial Statemtt¥ Are iipproved. Pc>L tl]is itHsoJi, tlie FmaIicl) statenieiits l)ave becn ptepaied a going cc>n¢eKn b%£is. (b) Basis of Ac¢ounting Thc finfiAcial stRtemettis h8ve beet) PLepiicd iii accriLdilrtce Accoui)tii)g nnd IlepoLUn£ b}, Clialliies.. StRtanei)t tsE Recnmtnended P1CtiCe HpplicHblr to cl)atttie5 prepAElI)g tlieii. ACCOUI)t8 IA aCCOLdl& lice Kvitli The 1cJaI Reporting %iaiidRtd iipplicablc Jn tile UK Kcpublic of lLclatid IFRS1021 (eflective I J2nui¥, 20151 {C.h1titics SORP IFRS111211, tlie Ftijaiicijl IlcpoillJ)¥ Siandaid appljcii blc iti the UK iid Repubhc of Iit]HIid IFR4102) And the CompaThies Aci 2006. C.louccsteL7hiLt Foveiirm?ti'llieAtLe Coinpany Lunxted meets tl)c defijiititsii oEi public benefit entiry Utjdei FR5102. A154cls atdlsabslities Ate ii)iiially rttcowi%ed 8tlii&toJicJl cost or rrAnsActiuThvaluc unlc55 Oth¢iivisc stxted iti tlie EelevAnt 3CCOUnting policy i)ote{sl. {c) Gtoup Financial Statemettts Tlié financial s(%tcineiits consolidate the LEsiilt& of rlie chqllty and its Iliree subsidiAry compansts, Gloucrsierbhiie Llverymaji TheaiLQ C.atenn¥ CDtiipAn}, LiinLtLd, Tlle C.InucesteL¥lIe Everyiiixji Tilt[C Productions CompAny Idimited ana Gloucesteishitc Eirerymill.fi%tre TuuT%ng Cotnpxny l.rd. OA a ]ine- by-lii)e b1SiS. (dl Income DonatioTh$> legcie8 and grants Doiiations, Et$ aiid legacies ieptesent 14 mouiirs teceived dutyÈ¥ the }rLXK, ItIler ivitli ny a5socialeLI t#x LLEui)d. Donation it)d Legicy incoine is shoivji glos5 befoTe dtductiuii Df Eiind-raiblJl¥ expcndituie. I£g2cieg 2te reco]Sed iv111 ii is piobiiblc that thLy ivsll bc irccivgd Riid t1 amount ol the legAg' i knoivt] ivith Leas11ble certainly. (Jronl Giantb receivable EOL specific purposcs ?1 ie CLediLed to tIiL Siateiiiellt tif F'ijiaiiciil Ilcllviues ii) lh¢ ycai to Iv1cl) they telate as soon as coiidLUons f(JL LlCL'iPt hjve bccn met. GLants IOL itnmcthote (InlicIal 5UPPOft 01 Lrceived aSAinst costs i)rLVi(Jiisly iiiciiired aLE recngjllsed iinmeth-alLly ii) the StaECnlCJlt oEFirtincial Activ£ties. 11 capital giajits teceived ALe Lec01£%a iji djc Stxtet7)eiit of L,itiaJicial,IcuvitJes ?tid CLYdiied lo H ¥rparii¢e re$ltictcd fund. .kiiir deprecation chALELd oji Il)e elemejit OE tlie co%1 assets fwided by giHnt% ¢11iLged tts LLSt¥icted fild. Othet ttading activxties Incrjmc ILX)Ln other trading #cuviucs rcpreseiits tlie ainoui]ts, excludii¥ #dded tax, iecLivable durii)g Ihc yrat loi gnrJd8 ind sLivices bupplityd. ReVee 18 ittc(>gni8ed At tliL P()inr olpiuduci conSp11(Ml ind Service dehve. 18-
GLOUCEsfERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS - cotttinued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES - continued {d) Income (continiied} iii) Chotitable activities PLoduction ve]Ille is JncludL.d JJI tlie Sttitcmcjit of FIsJ1351CSAI ilctiipiiies ivhcii the public pe¥Eo¥tnAnce ul pioduction 1$ complete. Advance rcvcjiur IS Iticluded iii ACCLuals aiid deftried incuiije. licveiiiiL Atising Erom (he Lducfiuon and Coinmuiiity, PLfJgrAiiinie ss included iii the stat¥ThI ol [IinAllciAI klctivitie5 in tho rIOd wlien the actiirytirb jie coinpleled. iv Interest Intexest is rtcogjiised ift t] perÈod to ivhicli ir IdAtes. Donated Services and Facilities WlieLt goods OL seLVlCCS that ivould i)OLf18lly be pulc15Cd ILOIIJ biipplÈeL'8 2Le provided to rhe chaiity as don#uoi), contLibutiOii is iAcliided tlie Statement olYs1)xncial ActiJ4ties At on cstim8te bascd upon rlie value OE ti)e contLibiitii)i) tn the chayity. ifj Expendirure pertdiwre is reco£ni%cd ivhcn a liiL)airy is incuLied, Cn5ts oEtaiging lunds ate those co$ts inciirred in attLaCtingvoliiniary income lind tlitrse incii¥Lcd iti tKading acttwties that 18ise Eui)d5. CliaiitAble aciiNrytie8 include txi)eidituir asstsciJied ivith the Sti] oEptodLlCtIOJ)S Aiid tlie Lducarion aiid Cummuniry pioyanune aiid iiiclude both tlie alLCl COEts aiid $iiPPOLt C05t5 LeltLI)g io Ihe5¢ 3ctilTitsL5. Suppoit costs ]ncludL centrAI futictic>As and IIRYe bcen 2lli)cAted to Acuvity cost CAtegories on x bAsi5 consi¥leiit iviih tlie use uf Le.s(iiiicc8, c.g. allocitg PLopeity c¢>sis by floo¥ aLeRS or peL CAPlta, staff crJ$ts by the Lime spent and othcl cost¥ by th¢ii usage. I'h¢ cos1% r)f a ptoductsoii ale ch2Lgyed Aq cxpeIiditute Ln the StAtemei)l ¢)f fLI)ancial ilctiiryti¢s xvlieii tlie pubhc PVLlorinaiic2 of a piudiiciioii is coinplete. Co¥t5 trE fuiuro production% aLE cariyed fotivatd as otlier debturs. 'lThe costs as$oci#ted ivith rhe FAlucation ("oMtnUry PLogThirnnc air cliard AS expendituie Jn Ilie Statcment olFAn%ncial Activities iji Il)e perjod when the activities xic completea. (g) Ta%ation -nie chRrity benr.lits fi'niii 12teS Le]ic£aiid 1% cxcinpt Erutii c()iporxiiuii tix nn 113 cl)titable aciiwtie%. It not. huiveireL, extinpt froin IIA"I' iiiccoverAble V£l'l' LS 11)clu(l¢d in the Cubt ol tl)ese itein% t() ivliicl) it Lelatcs. (h) Operating Lease5 'rhe Cubt of 11 nd mc¢JJne froin 01)eLxuiig Ic?8es Iiave been cliiL¥ed to thc StRteJn¢Jit of F-,InAnci11 l Acrirrities OII A StAMight-lÈntt bASi4 oi>e¥ tlie leti¥e ieLIn. 19
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMfrED NOTES TO THE FINANCIAL STATEMENTS- contEttu¢d FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES- continued T3ngible Fixed AB6et5 Dcp£eciaiion is calcidared tu ivrite uff the cost or val0 less estsinated rc5idual vfilue of tallble A£4ets ovel thcll ¢stimated uscful live$ xi Il)e fijlloxvllig rates.. Plant ond cqliiiics1[ JA,lotur vchides -40/0-33 /fi ¥tr11ght ]iiie 334)/o Sttaight liiie SIIoLt leAseh(Ild p¥operty itnyroveii]¢iits Hre d¥pLe£inted ovet WAryiJig teritts i)ot l<JnxeY tlIAn the LemiillideL of tl* lease teixn. The iJnpLovetncntS Ale LeThlycd to reflect tlie ictual co¥ts incuLied on co¥mpletJuii uf each deftsied pl)8.se of ivork in liIie iipstli grTri)t funds froin the Eveiy2nAtt Tl)eitre CheliL'nhani Development'Iiust. Depircifitioji is chxrged fLoJn tlie yeAi folloiviiig Acqwsiunn. "I'he deniinitnss iimit bcloiv ivliicli fixed Rset$ #IE not cxpit2Jised is £l.000. The tiu%tees considd tli¢ carLYit]g values Of As%ei% and 81)y itnpaiThLiit thLsrerJti. IMILie thtre 15 impaiLiafJit, a PfONll%Lon to LeCuJ)i$e Ilie th'iniiiutivIi Ve 18 recoxlqed tlit fiA#ncial tsr2teineni.s. Stocks Siockg Ate valued ai tl)¢ loivet OE Cubt And nel re21isable value, afttt mAku)g due alluivances lor Obs1¢1¢ And gloiv-movllig itetn$. c.ost is defifted as tlie eo%t ol gvuds ittdiiduis tLAn5poiI Cotsts. Nct te2lJ"bJble vTriue is based uii ebtilYI?ted 5ellui¥ PLice le55 lQStS LxPLcl¢d to be iiJCLILLed piior ro disposal. (k) Funds StrElCtuie Fuiids lield bj, tho cliAtIry eithti.. UiiiEJlno"luilgeiicrtsllMiJds- thc%e are fvnds ivliich be used in accoidance ivith the cl)ltAble objects at thc discictitjn tslthc tsStees. Desig1118/1ljtr- these Ate fui)ds stt ?sidc by the tiusteos ollt of uiire%tticitd gtneLYl fillidts for 8pecific futuie PiiLposes ot Ptoj¢ctS. RpsliycledJifiids- tliese Rre fufLds Iliat CAil only be iised loi paL1iciilii i LestLlCted pii4)OS¢S within the ubjecis ol the ch8llry. Ilestllctiorts aiise ivlieii specified by the doilOL oi ivlien fiinds raised Ei)i paiticular iestiicted putP05es. 'ILrtheL explAnotkon OE tlic nxturc and Pu(}e ol exch fund is iiicluded it) tlie rlotes kn tlie fiIixncial stst£n]enls. (i) Pensiotss Tlie 0P aperAte¥ i defijicd cojiiribiitian pensioi) %¢h¢iYJe. C.ontisbutiOIl$ Pli yRbk foi tlie yexr aLe chArd t¢J the Sratemetit vf Piii2iicial ActiTAtieg. 'lThe 2ssets of tlie i?CJ15ion Ate hdd separ¥tdy io thtsse of die gtOUP 111 IAdcpeAdeiitly Adintsu5tered fiiAd.E.
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENfs . contillued FOR THE YEAR ENDED 31 MARCH 2025 INCOME 2025 2024 Dottations attd leg8cAes (groiip and chatity) UIiiFsKiii-IrAgeii¢thlfRiiid.r T¥anls ¥its co1C Engl%i)d C.helrenhoin ESorou£h c.ouncil 384,494 148,8 384,494 148,81KJ 533,294 533,294 Blq&t fAoin Lidy fvlirychurelk fponsnrship. le¥.icies othcL income )57 24,4(12 45,645 30,223 558,713 609,1(12 R£.Ih7¢1edi)iropi)¢ fiiNdJ-2miils aiiddopi4tioii Dono¥ tl50 rence Baitsivorjd Tiu4t lJiire5tec Wealtli h.lanageJnent Dean Close Scljool %t?K College Wenhvoiih Court %tnr College StAI Cnllcgc Kimb¥ose Clllb Sponsor a Seat tiicome Violet IEust j1]rt l£ivss QthcLS Itss rlixii £-C)OQ Audio E'.Ahanceittcftt System Access PailTheL tudio Christnias Slioiv 11013t Ptr)ject 5ottrgeeIAtI1ifil PLojecr Bio Blitz Pi"uject IAml)i]Ad Drnypti Pirjjecl InierReneratioThal Project io,000 5.QOO 3,5 1,21K) 3,250 2,500 1,200 1,12() 750 42. 6,424 3,QlOO 1,083 Refugee Clii]dLen Cheltenliam I{ttgee Prf)jeci 2,727 30,478 18,460 Chelt¢til)2tn Boiough CouThcii- Leiit & in$uiinct 46,250 46,250 76,728 1)4,710 T0121 donaiion5 2ftd legaries 63fi.441 673.872 21
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THB FINANCIAL STATEMEwfs _ continiied FOR THE YEAR ENDED 31 MARCH 2025 INCOME- coniinued 2025 2024 b} Other Ttading Activities (groiip) Bal ai)d caienng activiues 823,609 789,847 823.609 78(),847 Investment income (group) UiireJliy&l¥d.ge1i¢iIfW1l1s liite*e%t on inVestnntS 171113 143,416 d) Inve5ttnent EncDme (chatity) Inteiest on inves1£1}tS Rciit and seLwice ciintLibutsoiis fLom tiAding.%iibsidI¥ries Dividends ftDin tradiiig subbidiAtAe% 172,113 39,861 277,171 143.416 247,974 489.145 427,90f, INCOIME FROM CHARITABLE ACTIVITIES Uiirts117Ct&ilg¢ii¢iylli4iiJs-giuiiP É7iidLlJÉFiEty IrA¢omo fioin COLertS and stage pe[foLanCE¥-. AdmLS%itsrt chai5 and PLoyaniiknei 6,425.681 6,ILJ6,769 Lducatioll 2nd Comtniinity 1)Logtxi¢ incoinc 151,LX)3 1.11.709 6,576.C)84 6,328,478 OTHER INCOME U)iitsriy¢l¥H.geJi&i'&lfMiidJ-giviiP Production and Tvuiing tax cicditS Subsidiiiry slioiv iACOillC 189.993 105.257 22.1,451 32,000 295,250 2.5.5.451 Other Governmciit grants EXPENDITURE ON RAISING FUNDS TIILAtr¥- supp(>rt cosi¥ (not¢ 7) BRt Aiid cllteldiig 687,158 679.504 087,158 679.504 lThe2rrL'_ suPt costs liiote 7) 22
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCJAL STATEMENTS - continised FOR THE YEAR ENDED 31 MARCH 2025 EXPENDrruRE ON CHARITABLE ACTIVITIES - CHARITY Tlie chaiiry uiideitake8 diLYct cli1& IltAI)l£ >ctiviues only. Cottcctts Ediicatioii And Stage Coiknmiinary Petfoimattces PttsgtmmL 2025 Total 2024 Total Direct PLoduciiun co%ts Backstage and uil)er ptodlicuon cosis l)roducuoii/Aciivity aLlvertisin£ and matketiii% Box officc 21Id fiojit of house Deplrciauoiilloss on dispual of Assets C¢iilLiI pLeLnises costs Supputl costs (ntste 71 4,467,580 612,079 427.220 272,237 110,802 418,190 832,509 4,581,902 612,07() 427,220 272,237 133.4C)6 503,843 1,0.4<),BCJ3 4,345,419 541,-523 427,026 239,717 128,41)2 388,717 1,008.718 22,694 85,653 227.384 7,140,617 450,053 7.590,670 7,079,612 'rhe equipment irt the frant olhouse lift IVRS ob%r)lete and it hAd bccotne llicreasinRly difficult tu ¥ouire sp2ies. To ertsiiie cu5tomei safery, a ct)lpIetC oirciliaul been plAnned duiiJi¥ 2025126 ivitli a Iii))I pl)05e duLIIIK 2026127, follt)iwng advice frorn ali indLpefjdei)I blt cnnsu]tAnt. Tlie cost L% C5titllRted xt £IIIO,000 And Il)ig c(Jst h25 beeii accrued iii 2024/2S due tu its sigi)Ific.#nt size qna the obkngitioii undtj.. oui buddiiig leASe to rei)aiL Ot replacc the hft. ALLOCATION OF SUPPORT COSTS - CHARITY The cliarity AllocAle% its supputt costb 17$ %hoivn iii tlie table beloiv And rheii fui'ili¢t gpi)oitions the cost8 beThveen the tivo charitablc actiirytiLS undett8kcn (see siote 81. Support cosis ale 111ocoted on a b3bls coi1sislet Kvith Ilie Usc of trs()uLrcs. Theatte Opei'aiioji lirtt EdiiLatiotx) Support costs GeJ)eiAI office Fiiiance office Iiifoiiiiation tecliiiL)logy Fund*aAsiiig LixteLsial audit IEgal and othci profeb&lOAl&il Eecs 686,500 171,540 51),064 8,270 112.088 1,0$9.8()3 ANALYSIS OF NET COST OF CHARITABLE ACTIVITIES - CHARITY This ttsble %liow% the cust of tliL' hvo in2iJi chaLXtgblc actÈvitiL¥ Hiia t1 %ources uf revenue th"tectly to .8iipi)ort tho%¢ acuvities. Conceits Ediitation & and StAge Coiniiiunity Perfotmances ProgAAinme 2025 Total 2024 Total Costs .Idtnib'8iOtJ cl)Arges 7,140,617 C).425,681 450.053 7,59(1,670 6.57C).C)84 7,079,612 6,328.478 Net cost funded ficiin othLt income 714,936 29<),050 I,(J13 lJ86 7.51,134 23
GLOUCESTERSHJRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF STAFF COSTS 2025 2024 S%lxries )Jid ivages Social SCCUlkty ctssis Pe115ion cost% 2,702,3D8 11)4,923 89.076 2.4()C).750 167,041 83,313 2.98C),307 2,717,105 Tl)ee iveLe two einployees12024.. 2 einployecsl whose einolujnents fr)i Iht yeiL were ui iYCLSS ol£1g),(YX). 'rhe tiu2nbeL (>f stAfltmployed by the gtoiip dtsLg tlie IrLai IVAS as follows.. 2025 Nuinbet Toial 2024 Numbet Total Full-time Part-time C0511al BaL and c0rerÈti¥ CLlllCtrts 3tAgL perfottnallce (House 8tHEg ?ducition tth CommuAit}, Pin11¢ FundiMIs 34 40 36 15 26 103 io 144 16 136 14 23 31 125 201 1117 io. MOVEMENT IN TOTAL FUNDS FOR THE YEAR Tl]is is %tRted Alter clLirpg/lci'editing] the fvlloiving.. 2025 2024 Audit(Ir's reinutteThtiE>ii Pen%ion coniLibuuon8 Depicei?uoi) of tgjiyble fLYed assets ie<tricted fuJ)(1s unresiAllcied ndS 1.5,857 89,07C) 11,9C)9 83,313 34,236 107,185 102,1118 141.421 137,054 ii. TRUSTEESP REMUNERATION AND BENEFITS Ist¢C5. Letnuncmrion ivii s pqid &ii IhL' CULieiit or prior yeiir. N() pa)rSLn1s iveLC inodt 10 tLUStees EOL con%ultRA£y geiiTice% &nd no) expcii8c¥ iveiE ¥¢llnbursL.d in either Ilr curicnt or yLar. 24
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 12. TANGIBLE FIXED AssEfs- GROUP Short Leasehold Moior Plant & Property Land & Vehicles Equipinent Imptovements Building6 Total Cost ot Valall0 At l 2024 Addition$ DASPOS81 20,73_5 1.227,78% 78,761 (7,8641 3,470,110 81.828 4,718,Ci40 442,723 17,8()41 282,134 t 31 N.IALrli 2024 2D,735 1.298.682 -1,551 (J38 282,134 5,153,481) Depreciation At l ApLiI 2024 ChaLEe fot tlie yeai Disp0531$ 4,147 4,147 J92,133 48,314 (7,8641 2,358,591 88 (J60 3,354,871 141,421 17.8641 At 31 hlALch 21125 8.294 992.133 2,447,551 3.488,428 Net Book Valu¢ At 31 hlarcli 202.5 266,099 1,104,387 282.134 1,665,061 At 31 fvIRtch 2024 16,588 235,652 I,lJl,519 lJ63,7S() TANGIBLE FIXED ASSETS- CHARITY Shott Leasehold Motor Plant & Property Lattd & Vehxcles EquApment Improvetnents Biiildings Total Cost or Valuation At l ilpLJ] 2024 .4dditiot)s Disposalb. 211,735 852,022 48,209 12.00111 3.4711,110 Bl,828 4,342,867 412.171 12.0001 282.1.34 At 3.1 IwlxLch 2025 20,735 898,231 .3.5.51,938 282.134 4,753.038 Depteciation At l ilijiil 2024 Cl)Aigc l()r thc Difp(i%ak 4,147 4,147 6.52,347 40,390 12,OOQI 2,358,fj91 88.960 3,015,08.5 133,497 (2,0001 At 31 2025 8,2()4 690.737 2,447,551 3,14(),582 Net Bookvalue .It 31 Th.larch 2025 12,441 207,494 1,104,387 282,134 1.606.45CI Ai 31 2024 16,588 199,675 1,327,782 25-
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- tontEnued FOR THEYEAR ENDED 31 MARCH 2025 12. TANGEBLE FIXED ASSETS- continued 11 a¥sets are uscd lli diLeCt futtlieI]Ctt of tliL chaiity'3 objLcr%. h()rr leaschold propeLty itnpioviinents con)prise'. Cost or Revaluation Accumiilated Dcptecation Net Book Value Group attd chatity J¥dditEon$ 2009 Adthtioiis 2010 Iddition$ 2Qll Addiuuns 2012 £lddAiioi)$ 2013 Addttinns 9014 dditions 2016 .Iddiuons 2017 Adth"uoJis 2018 Additii)ns 2019 .Iddiifions 2020 IldditsLins 2022 Additions ?023 Ildditi()iis ?025 101,474 68,763 23JQ() 2.408,108 77,209 14,060 114,-5.IC) 22,847 22,804 (Jt 2.919) 155.7631 123,3091 11,810,483) 15.3,9661 (13,706) {Ci2,414} (9,636) 111.8711 130,7531 128,2281 {5,1171 14,7721 8,555 13.lYJO 5()7,625 2_1,243 354 52,122 13,211 10.933 37.810 28,921 57,149 23,006 81,828 18,234 81,828 ReYalwtion'.- Ph3se 2.. - Phige 3B., ITenu13tio RefuibishffleAt 337,274 11_3 C)53 11¥1,744) {62,870) 155,530 51,083 3,5511)311 (2,447,5511 1.104,387 13. INVESTMENTS- CHARITY Subsidiary underiakings Shiieb- co%È at 31 LI,IRrch 2024 tlddiuons iii yeat SIIxLES- Cost ar 31 fvlarch 2025 Ilie elia£ity OlVAS the cntite OLlin1ry share c?pit?I nf Cyloucester8hire EveLytnAn 'll)e2tii I"kteiiiig CoinpAtIy lirnitcd Icr)bt £21. 'I'lie Glouce%rersliirt F.veLYtnllii Theaixe Ilroductioiig C.ompii)y Lin]itcd Iiobt £1) oiid GIoiLcesteLsI)iLe Evetyinan Tii<atre 'fouring CuAnpxny Ltd Icost £11. Tlie Lesults uf ol tlie siib5idiary cotIlPAnies have beeii included ivitl]in these consohdated fthlncial btaiemont8. 14, DEBTORS Gtoiip 2024 Chatity 2025 2025 2024 Tiqde dcbturs Ajnourtt oiired by subsidiary coMpanS Othei debtors PLepxyments aAd accrued cOme 91,250 85,948 91.178 80,776 iii tJ63 23.5()2 464.830 81,864 546,815 2U9,253 513,982 346.C)fl8 719.tJ29 8{}(),183 540,I)37 (181.13) -26.
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS . continued FOR THE YEAR ENDED 31 MARCH 2025 15. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR Gtoup 2024 Chariry 2025 2025 2024 Loan TrRdc CdItOrb T#x3tLOn and socifil secukity 011 CLeditoE$ ccriials 11nd deferrtd incotne Pengion cosiitibulloJ15 pa}rAblc 17,941 306,508 -51213 13.352 3,056,6()6 2,971 187,fj56 21().499 41,CJ82 31,517 2.995,345 IU,203 17,941 236,427 4_5,46D 13,2?0 1824,649 187,256 172,610 28,85.4 2,778,398 3,448,681 3,485.502 3,138,5.10 3.212,223 Included iwthin acctLIAls Ind d¢feLied incuine is £1,615.66812024.. £1.983,092) of advonce bo% office ticket sAles ond vnuchciT lor p¢rfottnances tu take plice In Ilie iitxt fitLqJICitil yeai. 16. CREDITORS.. AMouTrifs FALLING DUE AFTER MORE THAN ONE YEAR Loan (Chelt¢nham Borough Coutteil) 2025 Due 1- 2 yeais Due 2-.1 years Diie 3- 5 years Due til more thRTh 5 yeRr8 IB,C?5.3 41,125 171.976 251,147 DeFerird iThcume 251,147 Tli¥ ltsan ILX)m ChelienlTrin BoLou£h C(Jiincd is at a FLTed tare of 3.9.111lo ovtt 25 3TeAis and is unseeured. The b&i]k IiEld a fixed 111d flaatlng cliAi¥e dAtcd 12 Febriiaty 2021 in connectioii ivith rhe CBILS loan ivlii¢h S $ati5ficd HfieL tlie y¢ar end folloiving thc iei)IF ynent of the loatt ftill during tlic yt2r. 17. ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS Othcr Rcstricted FuJxd8 R¢8t¢ici¢d C#pital Fiind Resirictcd Inc()TnL Uttre%trictLd FurAd Fund Total 'Ial)ble fLxed asscl¥ Cuireiit Assets Cuirent liabf]iiieb J.ong term IAibilitics 477,427 1,187,().34 1,665,061 5,08#L.674 5,170 C)37 13,448,681) 13,448,681) (251,147) (151,1471 86,263 86,263 477,427 2,-572,480 3,136,170 27-
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- ootttitkwed FOR THE YEAR ENDED 31 MARCH 2025 18. COMPARATIVBS FOR THE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIE5 Tot?1 Fuiids 2023 Resttxcted UDresitAcied Futtds Futtds INCOME FROM Doi)8tson$ And le¥Acses Other trAdiiiK nctivitie8 Investtnent irtconie 64,830 009.042 789,A47 143,410 673,872 789,847 143,41() 64,830 1,542,305 6,328.478 255.451 1,607,1.3.S 6,328,478 255,451 II)COmL ELOM ChALlt*ble Acuvitie5 Othei inc(Jine Total 8,126.234 8,191,064 EXPENDITURE ON Ilaisitig fiiIid% ChAriMble acuviueg )7¢),504 7,054.436 679,504 7,1(a).()52 106,516 Total IOCI,516 7,7.31,940 7,840,456 NF.T INC.OME/<EXPENDITURE) BEFORE TIL4NSFERS 141.68C)I 391294 350,17118 Tr¢iiisEeL3 bettv¥vn luiids NET MOVEMENT OF FUNDS IN YEAR (41,6861 392,2l)4 350,608 RECONCILIATION OF FUNDS Bslance brought fotwArd at l April 2023 630,7fJ3 2044.169 2,(?74.()62 Bklance cgrtied forwatd &t JI March 2024 58I),107 2,436.403 3,025,-570
GLOUCESTEKSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDBD 31 MARCH 2025 19. COMPARATIVES FOR THE CHARITY STATEMENT OF FINANCIAL ACTIVITIES Total Funds 2023 Re$triciedUnresEriCted Fiinds Fiixhds INCOME FROM DonAuoiJs 3nd legacies liivesttnejit incoine 609,042 673.872 427.906 64,830 1.036.948 1,101.778 Incon]e [LM fharitxble Actlvlties C)ther iAcomc ),328,478 C),328,478 Total 64,830 7,36.%,426 7,430,256 EXPENDITURE ON Raisiii¥ fiind ('hAtitable actiNilies 106.51C) 6,973,096 7,079,Ci12 Total 106,516 6,973,01)6 7,079.612 NET INCOMEI(EXPENDITURE) BEFORE TRANSFERS {41,686) 31J2,330 350,644 TLgnsfeLS betweeii fjluids NET MOVEMENT OF FUNDS EN YEAR 141,686) 3()2,330 350,644 RECONCILIATION OF FUNDS Balance broiight fonvard at l Aptil 2023 630,793 2,044.133 2,674.926 Balance carried fotwatd &1 31 March 2024 589,107 2,41C),463 1,025,570 LEGAL STATUS OF THE CHARITY The charity, 1% a compArtir limited by Kuataiittt. E2cli OE tlie mL'mbers is i EUiIRntor to ihc ektent tsf £1 iji Ilie eve1 of the chi& rity bEg ivound ui) iylthbt g meInber, 01 Ivithin onc yeai of iexsing to be * membeL, iii respect OE debts and bAbilities contL?Ctcd bcfnic ceAsirL£ to bc i m¥inbei. 29-
GLOUCESTERSHJRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 21, ANALYSIS OF CHAIUTABLE FUNDS- GROUP a) Analysxs of UnrestEieied Puttd Movements Asatl April 2024 Asat31 Match 2025 Income Experlditure Tr*n$fers CJeIlCLiI fiuid Designated Fuiids Coiiunuity Df oper2tsoiis and Exceptioftlll Circumstonccs £und 950.C)00 fv1Isor tli1[¢anCe fund SC)O.OCK) Lvryart FAiicatioJi Cenitc fi]Jid 400,0(K) Coinmiinitir l)LOjLCts fiiiid 1.35,OIKJ In-linuse PLodiicuons Aiid Touts 65,000 38(),4C)3 8,265,356 18,135,927) 6,188 -522,480 J50.000 (121),2621 (24.8571 19.7061 120,262 24,857 ),706 1161,0131 135,(J)O 65,(K)O 101,013 2,436.463 8,426,369 18.29Q,3521 2,572.480 b) AtLalysis of Restricted Fund Mov¢Jnents Cnpital fund (note 241 501.663 Rent & Jii$uiance fuiid EducAtion &. Coi)iinunity fund IcKcllaii IIuLsaiies N%tionJl flgr College PLnjCCts io,uoo 46,250 14.902 134.236) 146,2501 113,0651 (5,9251 (2,66J( I 477,427 57,817 2¥,486 1,141 22,561 4,048 5,57C) 589,107 7(),728 (102.145) -%63,6CJO 22. COMPARATIVES FOR THE ANALYSIS OF CHARITABLE FUNDS - GROUP a) AtLkly$is of Untestf5Cted Fnd Movetnents Ayail Aptil 2023 Asai31 March 2024 In¢onxe Expettdxturc Tr3nsfeis Geiual fund Designaied Fuiids CoAthJilit5T uf ope[tIo118 Exceptioiiil CiLCiiinbti1nces fiind 950,000 hlajoL IILqiThteii#n¢c fL]nd CoEnmuiiity Projcct5 RcfuLbisl)nient fund CvL'iJrmii tk Lducation Ctjjire Fund ltt-hnustr l)IDdiictir)ns Aiid'fouL¥ 118,978 SQ.3,71)6 8,088,119 17,644,883) 15611,569) 386.463 950,0 -500,000 135,(K) 150.000 135,000 186,39fj 3%0,OQ)O (186.1()51 4QQ,IIL 13,0361 400,000 6.5,QOO 38,11_5 189,U57) 2,044,169 8.12C),234 17,733,940) 2,43C),463 b) Analysxs of RestrÉcied Fund Movement5 CAP%tal hijid {JJote 241 53.5,899 Reiii & Itisurincc fund LducAtioii & Col1]ul]ity Elind ,IcKcllaJJ BuLsALie8 NAtional %tar Cullege IJÈuject5 (34,2361 (4C),2501 (16,5731 18,4821 19751 501.6(13 46,2511 17 J80 -57,1110 36,968 91() 57,817 28,486 1,141 1,200 630.7().3 64,830 (IOC),5161 589,107
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS - Continucd FOR THEYEAR ENDED 31 MARCH 2025 DETAILS OF RESTRICTED AND DESIGNATED FUNDS Pu08e of Re5tticted Funds 'lThe Capiiii I futid LeplesitS the cost uf completed ph25eb of shoit I¥Rsehold improveinents fvjided bi, tlie l1velyin1 TheAtie Clieltenl)am Developinent I'LUSt deplrciited OiTei tlic Ycmaind¢L fjf thc teLllI, thL Costs lif ioofing ivo)ik Iiii)ded by Chelteiaiam Borougli C.ouJiciL depLeciii red uvet its u8LEu] ecoiilllC life. tht cosi of the %tiiJio refurbishti]Eiit Rnd ait cottditioJiit¥ uiiitq fiinded by thc C.hHJvb lttring'fLllSt And dtprLci#ied OVL theIL itseful ecoiinlliic lilc ajid tlic Audio eAI)#ncement by.8tem fuided by rho BainwDod'l'tu¥t depLeciated ONeL its useful life. 'lTre Rcnt & IIisurance fund iepreseAt% dic purtioji of die aiiiiiial Lettt at)d insurancc costs Iliat is subsith"8ed by gtaiit froin Cheltenliatn Bolougl) Cow}c. I'h¢ Latio]] & Qominulliry fund iepresertts Inotiey raised tri mett cosi.8 incuired by rhe I,.dUco[J and CommiinitS' PtObff8tnine.'fiiÈs iiicliidE% unptoved access to thc ails, Ivitli fundii)g li'om Ji)v¢srec. iThtctgLiJeLauof131 ptnjects ai WeniivoLth fil KiLnbiose care homes aiid sUI)poiI DL.1) Clnse Scliool (OE the annu chiLdEen's Clittsimo$ shoiv in the SrJdio tlieAtre. I'he NJlclCellen Mild repre5eAt8 neY to IP cl]sldren 2nd Irnunu peoplc to actess Ille Alts. 'riie NxtioJ)Al tstai Culle¥e PLDjCCts fuiid is fot projecib Rvorking ivitli sliidents uf the N2uoiial %iai College to cre3t¢ PCLfnLinallcLS tl)at InCOfPOLaie mu%ic 2nd dxRini and piovide opi)ortunLtie% Ec)r rht ¥iudcnls tu glth Ai'ls AivAid5. PIiATrOSC of De8ignaied Funds The G.olltilluity of Opeiauons and Llxceptio)n*l C.llcumstaiices fuThd ivould COiTet tlireL tnoiirhb of cotDmitted pendituie alloiving the'l'licatye ts) inamtAin opei'ations Rnd iiieet its oblixations il an exceptioIial cixcurnstAnce awed k suddeii loss of iacojne. 'I'he hlajor MxintÈAnrLce fund 15 % ic8ctve for 1(r matiiienaixcc tu rlie buildiiig. Tl)e tLllStees have ideniified scliedide oE£I,400,OOCI 06icquited ivoiks oveL tlie nLXt Ill+ yeii rs ivliicliivill dehvL'ted IJ) A irilliixg progLaiiJnie, bitsed oil kty piiDtitiCb. Ihe Lveryinaji F.ducolioJi CerttLe I,uIid iv1s cieatcd to lielp us exi)And Ilie provibioxi oil ivoik iti tl)e coininui]iiy. I'lli5 (ui)d l)¢lped us purchasc a piopetty GLoire %ILtcr, Clielitiiliatn Jji 2024125 lo ineet tliss objcciive, caveiing rhe bksic run cost¥ th¢ [st yeAI litcms $uch iitilttics, iiitsutiAco 2nd security), and Eund tlie capital Icvetiue EuJ)dThJ$Lg c2tiip2ign that 15 pl#01d, Ivitli 2 tAtEet OF secullng Llm to COVCL the purch28e, C4lPltai refuLbi%limeni, aiid 3-5 ycais, iunning costs. The C.onllnutiity IVr>rk Projecis I'und ivill help to A]Jid ptojects aiia thc Iiyoduction pliiy¥ ivliicli CnCOULY lucol people ICJ CtIKii¥e ivith die Arts, I'he In-liouse Pt(JductiL)iis ?nd'l'oiits fiind iv?s ceated to suppox'i our iA-liou8e And co-prodiictioii iyork. due to tlie iiil)eient firtanciAI Lisk vOlvd in sucli ptujects. RESTRICTED CAPITAL FUND GtOlLP & Chortsty 2025 2024 Bxlfince b81]1 foThvatd Depiccieiion ClirgC rely1 liicd bAlaftee, fiansfeKttd in yeor from IJicoii)e E'und GK8nt ILCCiI?t 501.C)63 535,899 (34,23()} 10,000 (34236) 477,427 501.6()3 31
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- tonttnued FOR THEYEAR ENDED 31MARCH 2025 CAPITAL COMMITMENrs 2025 2024 CapslAI cummiiiknent% 2CJ.356 26. OTHER FINANCIAL COMMITMENTS 2025 2024 nnual coininiiineiiib under nDn-cat]cellAble OP¢LOting lea5es'. laiid buildings cxpilliig in tsveL fJve 5reAL 72,750 72,750 Cuininilmcnts of £157,(OI2024.. £nil) riisied •l tli¢ balajice sl)eet date, telquiig to guRLRnteed future PAyments agrecd ivjtli rravelljns 5how% ptiot 10 the yeaL ld. fur peiforjnances 8(ier the )TCAL ettd. 27. CONTINGENT LLABILETIES "rJ)e chiLty IIAS eiiteLrd into a Icgal chai'ge ivith tlie N3titsnal Hetitage hJIemDrial l-ujid ivitl) ICld to Il)e gLXSIt veil by the P"und iii conn¢ctioJi Ivitli thc'I'hL'atte'q tl)OjOI LefurbLs1]meiit, RELATED PARTY TRANSACTIONS During tlie yeal, £96.59012024'. £73,827) of PLDfit8 KvrK¢ paid up to the llielltre froin itb Iroding subsidsoL},,'fhe Gloucestershiti. F.veryman'fhe2tre C2tellng Cojnpxny J.¢d Itlie CAtu'inx comi)anyl. ChirEC8 of £230,93112024.. £318,208) weLe 17)ade to t1 CatCLing cvn)pirty IOL tlie PIL)$111 of rent, utilities nAd oth¥t expct)ditULe SiiCULicd ort rhÈ subsidjaiy's bel)Alf. C&t5 of £69,07212Q124.. £57.9941 (irLd ijii behalf OE the pAret)t cOmpaY by Ilie Citeiing compfiny Nvclc rccliaigcd In tlie TheAtre. Ill tht 17el1 r end, L52,43312024.' £-16.071) Iva% due lioiii the LRtcllng cvmp£iny. Duiing t1 yefiL. £180.581 of pfirS ivere paid lip iu thL. I'lwitie fioin its tLAding 5ubsidiaLry,'llJe Glvucesteysliire LveLyJnan TheAtie l)tr)ducuviis Company Ltd (the l)LY)ductlUilS conii)Hiii'l {2024'. £174.1471. 'I'lie Th¢alie LethiLged costts of £273,79.3 {2024.. £265,7C)_Sl to the PLoduction¥ CE)Inp#ny thRt liad bcen iiiciiried oil the %ulJsidi2ry's belialf. Tlic'lleatte ieceiiied cliar5 Df £940,10612024.' £874,98()I fLum fhc Producti(IAs cump2115' IL) Aesi)ect af pioductiOiJS JnAde oil tlie 1'heAtIC'5 bclJalF. Ilt yeAL end, £30,-44412024., £181,263 oived by) w3S oived to tile l)iuductioi)q compAt]y. During t1 ye21 Gloucestetbhire F..veLymaJi T'heAtLe C.xteAing Coinpany Ltd sold to the v#luc £CAI 12024.. £121 to Thc CyloucebteislllLC Llveryinart I'heafte PLoaiiciioiis C.oinpaiJ}, l.td, oti ai) arm's lengili b/sis. DutiIig tlie yexi thc 'l&eatre ivroie bxdi £1,057 12024.. £84,6.59 IVLltten doivii) oivtd by its tr2dll% sub%idiA4' Q-.louce%t¢LsliiiL LveLymin'Ithe41tre Tuiiiing CoinpiiJy I.td, bolAntt ttt yLr end oived tts the'fhcRiiL by Ilie'l'rJUfitl8 of £6,41712024". £62,888). J Blackbuin, Ltust¢e OE the 'l'liextre, is Il)e I.IeAd OF lundi?isiiix Ht Ixlellchild, Kvho pnid £1,008 cludliA V.4'1' tci ihe 1'1ieii tre's Ciiteiing 4iibsidS&l15, for 11 functioii airiAgcd vn Ai) xJy)1s' leiigth bfisis. J IVoTkiiian. a trustee of tlie'lThe.Atti. J5 a PaLlncL IJI BPF. Srjlicitois, who PULchased tickets ana ct)lertiiiiinent package sold to him Jn ii n leAgili biblb to the vilue c)E£120 iJiclu¢ling IIA'I. {20?4.' pi()vided le[ nac 10 the ThLl1 tre to rhe valu¢ of Ll,848 iIicludts¥ VAT ond piid si)onsL)tsliip JncoTre 0£ £l,R411 incliidinglTII1" tfj tlie I'licxtrel. RefJ'e51]meThts of £62.4 includiiig VJl'f 12024.. £".51.S JJicludiiiK ITJl'I) Ivere iiiiTojILa t() BPL by the 'I'lieatre'b Cii leLing sub3k(liit Ly. 32
GLOUCESTERSHIRE EVERYMAN THEATRE COMPANY LEMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 RELATED PARTY TRANSACTIONS- continued G Ivoodcock. a tiu¥t¢e OF the Theiiie, is the cliaiL oItLUStces fui the boldier4 of Gluuc¢%tersl)iie Luubeiim. Ivh piircliastrd refieshnitJJls rJF£320 including ITtsll' ftom Ihe'LheAtIL'S Cai1reritTrg subsidi#fy An qrmb, lengtlL bass.4. P Blackburii, the ivife of J BIAckbuiii. Ivho 2 triistL'e of tl)t Theatyc, PfOlTided secLttt?riil scliryces lo the'llicii r¥¢ during the yeaL invoiced £2?512024.' £1 SD) 011 ttns' let)£ili bASI%. C T])otnAS, A Irust¢¢ of the Theit¥C. Was fEllnbur%ed £713 of expen5e% kncutted On beli2lf Of th¢ Theatil. Thetc Iveie ni) att]OL1111S nutstanding to OL froitt tlit The8tie at tlle year end (2024.. £42 oived to the I'he2ticl. l GoliclL, cliiel ¢Kecuiive of thc Thei1tL'e. ts al%0 tl)e directoi offvlxtk Goucl)eL I)¥r)du¢tian5 Limsted TrIC"PLI. N,larkettiig seLceS uf £1,700 plus Vjll. Ivere invoiced to that company by tl)e'll)eatre12024.' c()StS InCULLrd (>f £321 plus I'IIT, trfieslunents uF£744 pl% V,I'r iYLe invoiced tfi Ihat conii?any by the CAteLing subsidiaL)' 12024.. £J75 plus ITAD. fvIC.I)L did not11oVe llly tLTrnb#Ctions with tlle l)Lt)ductinJiS bubsidiaL)' {2024.. h,IC.PL Iv2S resjnbiiiscd cxptns¢s of £147 plus ITAT aiid ivas pAid £32,209 plus I1tsI1- foi seIce$ pruwded OA ail arnis. leiib>rli [JUng the yeai, b,IGPI. iAvoiced the IeIre £147 plus IIA'I. ofexpeiises iACUlLLd on its behAlf ai)d £5..500 plu% V.IT fo£ %eThryces proirydcd rJJi A1) 8LlnS' length ba%i¥12024.. £niil, Ai rli¢ ITeai ciid, £1,448 oive(I by tlie1'heitte to NICJPL12024.. £iiiLI. I CTouchet Ib also a director of TFhfj On StAgL Ltd (YFkg. DuLing the yeAI,'I'III,I rep3id the fAl J-S,0(X> uf the £150,000 Ihe TlieAtse invr3teJ ivfiili tIIis Cf)mp31Jy in 2024, tu Ca-PLI)duce # narivrLal tc>ut of'l'he Full fvluIity. TFfvI Also p3ia the'lliriltKe £0.940 plu% VAT. In royiltie&12024.. £22,583 plu¥ 11.{'l), LLttirn oil ijJirL5tinent of £137.98512024', £nil). 1.hete ivctL no oilici tian¥xcuons iwtli'fi=h,l ii) riic yeai l?024.. 1Tih,l itjvoiccd £163,011 plus ITA"r bIgIng the pioducijon r)f 'l'lxe Full hJIonty io tlie The?tie un an Lms' leAgili bA%l£.'I'lie I'l)e2tr cliaiEed £"36.E84 plus X,. AT Iv TEilyl fur te¢lCal 8iid inatketiiig seLTrTice5 1)Lovided OA 3n m]s' length b*bAS. JI Goucl)eL is 14 Iso a ditect(J¥ of shirk On StAgr I,Id ISOS). £,57,554 ITAT ivas invoiced by SOS for a producti4n of Slirek tlie Nliisic31, biouglit t(} Ilic IlicatLf. all Jl'tns, Iciigtli bxsi812024.. £113,5.54 plus IIAI, And1.'24,582 plu8 IIATiir#S ChaLd to diat coinpany by tlic'lhexlre foi t¥cl)Iiic01 and 11714 Ikeusig.8CLITices prnvideJ alln.4' lexigth bA%is). fvl Goucl)tL Js xlso a diLECtox of c.akes ort %t3xe l.ld ICOSI. DuLin% thc year, COS AniTosced lh¢ I)Ei)duction4 Bubsidiary £32,074 plu8 V£lT for setvices ptovided OA Rna rms, len&tli bxsiy12024.. £1]il), M Gourlier i5 diiectui. of FlaiLspiay UK ToLir Ltd IHU'I). Duiiiig tl)e yeAr, tlie ThcAtLL %iivested £7.5,000 vitli tllls cojnpany tu co-pioduce ? natioiial Ifjur of HniLSPt%y. -Ike tHpitxl iviib ietulncd in Eijl diiting the ycki aAd R teturn on iftvestmetit OE £15,625 ivis receivcd. HU'I. Inirviced £14%,421 pliis V,IT biytiging tlie ptoduction OE H21LSPrny tn tlie Tl)e11Le oll An arinb IcIi8th Tlie TlicAtre chfiyd £20,361 plus IIJIT t FIUT For iecliijical aod marketing sen7Jce% i)tovided oli An ittns, length bAsi8. 33