| Page | |
|---|---|
| Reference and Administrative Details ofthe Charitable Company, its Trustees and Advisers |
1 |
| Trustees' Report | 2 |
| Independent Auditors' Report on the Financial Statements | 9-12 |
| Consolidated Statement ofFinancial Activities | 13 |
| Consolidated Balance Sheet | 14 |
| Charitable Company Balance Sheet | 15 |
| Consolidated Statement ofCash Flows | 16 |
| Notestothe Financial Statements | 17 - 34 |
| Trustees | ProfessorJ C Elkin (resigned 23 October 2024) |
|---|---|
| R Hastilow-Smith | |
| M A Kazi | |
| L D Kinmond | |
| S R Marks | |
| ProfessorTJ Thompson OBE, Chair | |
| T Wells (resigned 9 December2024) J G Gallagher (appointed 28 January 2025) CJ Pinder (appointed 29 April 2025) |
|
| Company registered number |
00838245 |
| Charity registered number |
241433 |
| Registered office | Malvern Theatres Grange Road Malvern |
| Worcestershire | |
| WR14 3HB | |
| Company secretary | Leslie Kinmond |
| Chiefexecutive officer | Fred Moroni |
| Independent auditors | Bishop Fleming Audit Limited |
| Chartered Accountants | |
| Statutory Auditors | |
| 1-3 College Yard Worcester |
|
| WR1 2LB | |
| Solicitors | Harrison Clark Rickerbys LLP |
| 5 Deansway Worcester |
|
| Worcestershire | |
| WR1 2JG | |
| Bankers | Lloyds Bank PLC 48 Belle Vue Terrace |
| Malvern | |
| Worcestershire | |
| WR14 4QG |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2025 | 2025 | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| INCOME FROM: | |||||
| Donations and legacies | 3 | 194,915 | 511,636 | 706,551 | 646,531 |
| Charitable activities | 4 | 5,954,370 | 5,954,370 | 4,540,598 | |
| Othertrading activities | 5 | 328,687 | 328,687 | 196,320 | |
| Investments | 6 | 78,458 | 78,458 | 68,620 | |
| TOTAL INCOME | 6,556,430 | 511,636 | 7,068,066 | 5,452,069 | |
| EXPENDITURE ON: | |||||
| Raising funds | 26,817 | 26,817 | 167,307 | ||
| Charitable activities | 7 | 6,552,523 | 245,294 | 6,797,817 | 5,407,593 |
| TOTAL EXPENDITURE | 6,579,340 | 245,294 | 6,824,634 | 5,574,900 | |
| NET (EXPENDITURE)/INCOME BEFORE NET GAINS ON |
|||||
| INVESTMENTS | (22,910) | 266,342 | 243,432 | (122,831) | |
| Net gains on investments | 32,527 | 32,527 | 39,585 | ||
| NET MOVEMENT IN FUNDS | 9,617 | 266,342 | 275,959 | (83,246) | |
| RECONCILIATION OF FUNDS: | |||||
| Total funds broughtforward | 1,278,251 | 3,380,280 | 4,658,531 | 4,741,777 | |
| Net movement in funds | 9,617 | 266,342 | 275,959 | (83,246) | |
| TOTAL FUNDS CARRIED FORWARD | 1,287,868 | 3,646,622 | 4,934,490 | 4,658,531 |
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| FIXEDASSETS | |||
| Tangible assets | 12 | 3,180,684 | 3,376,101 |
| Investments | 13 | 734,177 | 697,694 |
| 3,914,861 | 4,073,795 | ||
| CURRENTASSETS | |||
| Debtors | 14 | 218,905 | 190,775 |
| Investments | 15 | 334,000 | |
| Cash at bank and in hand | 3,759,789 | 3,083,173 | |
| 4,312,694 | 3,273,948 | ||
| Creditors: amounts falling due within one | |||
| year | 16 | (3,293,065) | (2,689,212) |
| NET CURRENTASSETS | 1,019,629 | 584,736 | |
| TOTAL NETASSETS | 4,934,490 | 4,658,531 | |
| CHARITY FUNDS | |||
| Restricted funds | 18 | 3,646,622 | 3,380,280 |
| Unrestricted funds | 18 | 1,287,868 | 1,278,251 |
| TOTAL FUNDS | 4,934,490 | 4,658,531 |
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| FIXEDASSETS | |||
| Tangible assets | 12 | 3,180,684 | 3,376,101 |
| Investments | 13 | 802,331 | 797,696 |
| 3,983,015 | 4,173,797 | ||
| CURRENTASSETS | |||
| Debtors | 14 | 323,700 | 222,658 |
| Investments | 15 | 334,000 | |
| Cash at bank and in hand | 3,579,593 | 2,976,527 | |
| 4,237,293 | 3,199,185 | ||
| Creditors: amounts falling due within one | |||
| year | 16 | (3,283,886) | (2,680,671) |
| NETCURRENTASSETS | 953,407 | 518,514 | |
| TOTALASSETS LESS CURRENT | |||
| LIABILITIES | 4,936,422 | 4,692,311 | |
| TOTAL NETASSETS | 4,936,422 | 4,692,311 | |
| CHARITY FUNDS | |||
| Restricted funds | 18 | 3,646,622 | 3,380,280 |
| Unrestricted funds | 18 | 1,289,800 | 1,312,031 |
| TOTAL FUNDS | 4,936,422 | 4,692,311 |
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| CASH FLOWS FROM OPERATINGACTIVITIES | |||
| Net cash used in operating activities | 21 | 1,047,033 | 1,187,663 |
| CASH FLOWS FROM INVESTINGACTIVITIES | |||
| Investment income | 78,458 | 68,620 | |
| Proceeds from the sale oftangible fixed assets | 688 | ||
| Purchase oftangible fixed assets | (46,553) | (1,213,179) | |
| Proceeds from sale ofinvestments | 126,148 | 237,891 | |
| Purchase ofinvestments | (195,158) | (303,095) | |
| Purchase ofshort-term unlisted investments | (334,000) | ||
| NETCASH USED IN INVESTING ACTIVITIES | (370,417) | (1,209,763) | |
| CHANGE IN CASH AND CASH EQUIVALENTS IN THEYEAR | 676,616 | (22,100) | |
| Cash and cash equivalents at the beginning of the year | 3,083,173 | 3,105,273 | |
| CASH AND CASH EQUIVALENTS ATTHE END OFTHEYEAR | 22 | 3,759,789 | 3,083,173 |
| The notes on pages 17 to 34 form part ofthese financial statements |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2025 | 2025 | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| DONATIONS | |||||
| Tomorrow Fund donations | 2,074 | 2,074 | 42,932 | ||
| Heritage Fund donations | 509,562 | 509,562 | 409,896 | ||
| Other donations | 102,802 | 102,802 | 85,884 | ||
| GRANTS | |||||
| The Elmley Foundation | 12,500 | 12,500 | 9,369 | ||
| Support grant from MHDC | 41,600 | 41,600 | 80,000 | ||
| Other grants | 38,013 | 38,013 | 18,450 | ||
| TOTAL 2025 | 194,915 | 511,636 | 706,551 | 646,531 | |
| TOTAL 2024 | 193,703 | 452,828 | 646,531 | ||
| 4. | INCOME FROM CHARITABLE ACTIVITIES |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Festival Theatre income | 3,253,993 | 3,253,993 | 2,396,637 |
| Forum Theatre income | 1,433,958 | 1,433,958 | 1,114,650 |
| Engagement and Creative Learning income | 43,923 | 43,923 | 32,681 |
| Cinema income | 329,259 | 329,259 | 303,878 |
| Theatre membership fees and income | 308,929 | 308,928 | 259,681 |
| Other income | 556,582 | 556,582 | 425,039 |
| Studio One income | 27,726 | 27,726 | 8,032 |
| TOTAL 2025 | 5,954,370 | 5,954,370 | 4,540,598 |
| TOTAL 2024 | 4,540,598 | 4,540,598 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2025 | 2025 | 2024 | ||
| £ | £ | £ | ||
| Income | from catering contract | 133,690 | 133,690 | 80,165 |
| Trading | company income | 194,997 | 194,997 | 116,155 |
| TOTAL | 2025 | 328,687 | 328,687 | 196,320 |
| TOTAL | 2024 | 196,320 | 196,320 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Investment income | 78,458 | 78,458 | 68,620 |
| TOTAL 2025 | 78,458 | 78,458 | 68,620 |
| TOTAL 2024 | 68,620 | 68,620 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Total | Total | |
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Shows | 6,355,033 | 245,294 | 6,600,327 | 5,304,295 |
| Engagement and Creative Learning | 169,907 | 169,907 | 97,019 | |
| Catering expenditure | 27,583 | 27,583 | 6,279 | |
| 6,552,523 | 245,294 | 6,797,817 | 5,407,593 | |
| TOTAL 2024 | 4,793,015 | 614,578 | 5,407,593 |
| Activities | ||||
|---|---|---|---|---|
| undertaken directly 2025 |
Support costs 2025 |
Total funds 2025 |
Total funds 2024 |
|
| £ | £ | £ | £ | |
| Shows | 6,169,622 | 430,805 | 6,600,327 | 5,304,295 |
| Engagement and Creative Learning | 169,907 | 169,907 | 97,019 | |
| Catering expenditure | 27,583 | 27,583 | 6,279 | |
| 6,367,012 | 430,805 | 6,797,817 | 5,407,593 | |
| TOTAL 2024 | 5,059,194 | 348,399 | 5,407,593 |
| Engagement and Creative |
Total | Total | |||
|---|---|---|---|---|---|
| Shows 2025 |
Learning 2025 |
Catering 2025 |
funds 2025 |
funds 2024 |
|
| £ | £ | £ | £ | £ | |
| Staffcosts | 965,837 | 110,164 | 1,076,001 | 925,615 | |
| Depreciation | 241,282 | 241,282 | 204,795 | ||
| Show production costs | 3,891,162 | 45,995 | 3,937,157 | 2,820,860 | |
| Cinema production costs | 131,542 | 131,542 | 116,842 | ||
| IrrecoverableVAT | 90,084 | 90,084 | 94,973 | ||
| Advertising and marketing | 296,210 | 13,748 | 309,958 | 279,373 | |
| Equipment and small tool costs | 6,694 | 6,694 | 5,704 | ||
| Property costs | 281,225 | 281,225 | 409,896 | ||
| General property costs | 78,785 | 78,785 | 29,875 | ||
| Other staffcosts | 17,917 | 17,917 | 28,423 | ||
| General expenses | 156,506 | 156,506 | 124,889 | ||
| Catering Costs | 27,583 | 27,583 | 6,279 | ||
| Operating leases | 12,278 | 12,278 | 11,670 | ||
| 6,169,522 | 169,907 | 27,583 | 6,367,012 | 5,059,194 | |
| TOTAL 2024 | 4,955,896 | 97,019 | 6,279 | 5,059,194 |
| Theatres | Total | Total | |
|---|---|---|---|
| income | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Staffcosts | 330,374 | 330,374 | 284,764 |
| Bank and credit card charges | 41,140 | 41,140 | 27,415 |
| Consultancy costs | 35,795 | 35,795 | 15,965 |
| Audit fees | 16,890 | 16,890 | 18,750 |
| Legal and professional fees | 6.606 | 6,606 | 1,506 |
| 430,805 | 430,805 | 348,399 |
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable to the Charitable Company's auditor for the audit of the Charitable Company's annual accounts |
16,890 | 15,750 |
| Fees payable to the Charitable Company's auditor in respect of: | ||
| All non-audit services not included above | 2,610 | 1,750 |
| Charitable | Charitable | |||
|---|---|---|---|---|
| Group 2025 |
Group 2024 |
Company 2025 |
Company 2024 |
|
| £ | £ | £ | ||
| Wages and salaries | 1,287,608 | 1,131,237 | 1,287,608 | 1,131,237 |
| Social security costs | 98,871 | 89,980 | 98,871 | 89,980 |
| Contribution to defined contribution pension schemes |
41,218 | 42,435 | 41,218 | 42,435 |
| 1,427,697 | 1,263,652 | 1,427,697 | 1,263,652 |
| Charitable | Charitable | |||
|---|---|---|---|---|
| Group 2025 |
Group 2024 |
Company 2025 |
Company 2024 |
|
| No. | No | No. | No. | |
| Employees | 61 | 55 | 61 | 55 |
| Group 2025 |
Group 2024 |
||||
|---|---|---|---|---|---|
| No. | No. | ||||
| in | the | band | £60,001 -£70,000 | 1 | |
| In | the | band | £130,001 -£140,000 | 1 |
| Long-term leasehold |
Fixtures and | ||
|---|---|---|---|
| property £ |
fittings £ |
Total | |
| COST | |||
| At 1 April 2024 | 8,303,205 | 1,139,734 | 9,442,939 |
| Additions | 46,553 | 46,553 | |
| Disposals | (7,128) | (7,128) | |
| At 31 March 2025 | 8,303,205 | 1,179,159 | 9,482,364 |
| DEPRECIATION | |||
| At 1 April 2024 | 5,240,751 | 826,087 | 6,066,838 |
| Charge for the year | 147,200 | 94,770 | 241,970 |
| On disposals | (7,128) | (7,128) | |
| At 31 March 2025 | 5,387,951 | 913,729 | 6,301,680 |
| NET BOOKVALUE | |||
| At 31 March 2025 | 2,915,254 | 265,430 | 3,180,684 |
| At 31 March 2024 | 3,062,454 | 313,647 | 3,376,101 |
| Listed | |||
|---|---|---|---|
| investments | |||
| GROUP | £ | ||
| COST OR VALUATION | |||
| At 1 April 2024 | 697,694 | ||
| Additions | 195,158 | ||
| Disposals | (126,148) | ||
| Revaluations | (32,527) | ||
| AT 31 MARCH 2025 | 734,177 | ||
| NET BOOKVALUE | |||
| AT 31 MARCH 2025 | 734,177 | ||
| AT 31 MARCH 2024 | 697,694 | ||
| Investments | |||
| in | |||
| CHARITABLE COMPANY | subsidiary companies £ |
Listed investments £ |
Total £ |
| COST OR VALUATION | |||
| At 1 April 2024 | 100,002 | 697,694 | 797,696 |
| Additions | 195,158 | 195,158 | |
| Disposals | (126,148) | (126,148) | |
| Revaluations | (32,527) | (32,527) | |
| AT 31 MARCH 2025 | 100,002 | 734,177 | 834,179 |
| IMPAIRMENT | |||
| Charge for the year | 31,848 | 31,848 | |
| AT 31 MARCH 2025 | 31,848 | 31,848 | |
| NET BOOKVALUE | |||
| AT 31 MARCH 2025 | 68,154 | 734,177 | 802,331 |
| AT 31 MARCH 2024 | 100,002 | 697,694 | 797,696 |
| Names | Company number |
Registered office or principal place of business |
Registered office or principal place of business |
Principal activity | Class of shares |
Holding | ||
|---|---|---|---|---|---|---|---|---|
| Malvern Theatres Trading Limited |
02870411 | The Malvern Theatres, Grange Road, Malvern, |
Hire offacilities and sale ofancillary |
Ordinary | 100% | |||
| Worcestershire, WR14 3BH |
products related to shows |
|||||||
| Malvern Theatres Productions Limited |
06421354 | The Malvern Theatres, Grange Road, Malvern, Worcestershire, |
Touring theatrical production company |
Ordinary | 100% | |||
| WR14 3BH | ||||||||
| The financial results ofthe subsidiaries for the yearwere: | ||||||||
| Names | Income Expenditure |
Netassets | ||||||
| £ | £ | £ | ||||||
| Malvern Theatres Malvern Theatres |
Trading Limited Productions Limited |
160,994 30,000 |
(160,994) (30,000) |
2 66,220 |
||||
| 14. | DEBTORS | |||||||
| Charitable | Charitable | |||||||
| Group Group 2025 2024 |
Company 2025 |
Company 2024 |
||||||
| £ £ |
£ | £ | ||||||
| DUE WITHIN ONEYEAR | ||||||||
| Trade debtors | 95,925 35,750 |
60,996 | 29,164 | |||||
| Amounts owed bygroup undertakings | 139,724 | 75,469 | ||||||
| Other debtors | 1,200 38,200 |
1,200 | 1,200 | |||||
| Prepayments and accrued income | 121,780 116,825 |
121,780 | 116,825 | |||||
| 218,905 190,775 |
323,700 | 222,658 |
| Charitable | Charitable | ||||||
|---|---|---|---|---|---|---|---|
| Group 2025 |
Group 2024 |
Company 2025 |
Company 2024 |
||||
| £ | £ | £ | £ | ||||
| Short | term | deposit | account | 334,000 | 334,000 |
| Charitable | Charitable | |||
|---|---|---|---|---|
| Group 2025 |
Group 2024 |
Company 2025 |
Company 2024 |
|
| £ | £ | £ | £ | |
| Trade creditors | 375,577 | 268,324 | 373,138 | 264,957 |
| Other taxation and social security | 64,796 | 45,874 | 64,796 | 45,874 |
| Accruals and deferred income | 2,852,692 | 2,375,014 | 2,845,952 | 2,369,840 |
| 3,293,065 | 2,689,212 | 3,283,886 | 2,680,671 |
| Charitable | Charitable | ||||
|---|---|---|---|---|---|
| Group 2025 |
Group 2024 |
Company 2025 |
Company 2024 |
||
| £ | £ | £ | £ | ||
| Deferred income at | 1 April 2024 | 1,159,791 | 1,066,346 | 1,157,658 | 1,063,429 |
| Resources deferred | during the year | 1,519,947 | 1,159,791 | 1,518,368 | 1,157,658 |
| Amounts released from previous periods | (1,159,791) | (1,066,346) | (1,157,658) | (1,063,429) | |
| 1,519,947 | 1,169,791 | 1,518,368 | 1,157,658 |
| Charitable | Charitable | |||
|---|---|---|---|---|
| Group 2025 |
Group 2024 |
Company 2025 |
Company 2024 |
|
| £ | £ | £ | £ | |
| FINANCIALASSETS | ||||
| Financial assets measured at fair value | ||||
| through income and expenditure | 4,093,789 | 3,083,173 | 3,913,593 | 2,976,527 |
| STATEMENT OF FUNDS - C | URRENTYEAR | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | Gains/ | 31 March | |||
| April 2024 £ |
Income £ |
Expenditure £ |
(Losses) £ |
2025 £ |
|
| UNRESTRICTED FUNDS | |||||
| General Funds - all funds | 1,278,251 | 6,556,430 | (6,579,340) | 32,527 | 1,287,868 |
| RESTRICTED FUNDS | |||||
| Restricted Theatre | |||||
| Refurbishment Fund | 2,041,609 | (97,220) | 1,944,389 | ||
| Restricted Tomorrow Fund | 1,338,671 | 2,074 | (148,074) | 1,192,671 | |
| Restricted Heritage Fund | 509,562 | 509,562 | |||
| 3,380,280 | 511,636 | (245,294) | 3,646,622 | ||
| TOTAL OF FUNDS | 4,658,531 | 7,068,066 | (6,824,634) | 32,527 | 4,934,490 |
| STATEMENT OF F | UNDS - PRI | OR | YEAR | |||||
|---|---|---|---|---|---|---|---|---|
| Balance | at | |||||||
| Balance | at | Transfers | Gains/ | 31 March | ||||
| 1 April 2023 | Income | Expenditure | in/out | (Losses) | 2024 | |||
| £ | £ | £ | £ | £ | £ | |||
| UNRESTRICTED | ||||||||
| FUNDS | ||||||||
| General Funds | 1,199,747 | 5,111,105 | (4,960,322) | (72,279) | 1,278,251 | |||
| RESTRICTED | ||||||||
| FUNDS | ||||||||
| Restricted | ||||||||
| Theatre | ||||||||
| Refurbishment | ||||||||
| Fund | 2,138,829 | (97,220) | 2,041,609 | |||||
| Restricted | ||||||||
| Tomorrow | ||||||||
| Fund | 658,113 | 42,932 | (107,462) | 745,088 | 1,338,671 | |||
| Restricted | ||||||||
| Heritage Fund | 745,088 | 409,896 | (409,896) | (745,088) | ||||
| 3,542,030 | 452,828 | (614,578) | 3,380,280 | |||||
| TOTAL OF | ||||||||
| FUNDS | 4,741,777 | 5,563,933 | (5,574,900) | (72,279) | 4,658,531 |
| SUMMARY OF FUNDS | - CURRENTYEAR | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | Gains/ | 31 March | |||
| April 2024 £ |
Income £ |
Expenditure £ |
(Losses) £ |
2025 £ |
|
| General funds | 1,278,251 | 6,556,430 | (6,579,340) | 32,527 | 1,287,868 |
| Restricted funds | 3,380,280 | 511,636 | (245,294) | 3,646,622 | |
| 4,658,531 | 7,068,066 | (6,824,634) | 32,527 | 4,934,490 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | Gains/ | 31 March | |||
| 1 April 2023 | Income | Expenditure | in/out | (Losses) | 2024 | |
| £ | £ | £ | £ | £ | £ | |
| General funds | 1,199,747 | 5,111,105 | (4,960,322) | (72,279) | 1,278,251 | |
| Restricted funds | 3,642,030 | 452,828 | (614,578) | 3,380,280 | ||
| 4,741,777 | 5,563,933 | (5,574,900) | (72,279) | 4,658,531 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2025 | |
| £ | £ | £ | |
| Tangible fixed assets | 3,180,684 | 3,180,684 | |
| Fixed asset investments | 734,177 | 734,177 | |
| Currentassets | 2,796,756 | 1,515,938 | 4,312,694 |
| Creditors due within one year | (2,243,065) | (1,050,000) | (3,293,065) |
| TOTAL | 1,287,868 | 3,646,622 | 4,934,490 |
| Unrestricted | Restricted | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2024 | 2024 | 2024 | ||||||
| £ | £ | £ | ||||||
| Tangible fixed assets | 3,376,101 | 3,376,101 | ||||||
| Fixed asset investments | 697,694 | 697,694 | ||||||
| Currentassets | 2,219,769 | 1,054,179 | 3,273,948 | |||||
| Creditors due within one | year | (1,639,212) | (1,050,000) | (2,689,212) | ||||
| TOTAL | 1,278,251 | 3,380,280 | 4,658,531 | |||||
| RECONCILIATION OF NET MOVEMENT IN | FUNDS TO NET | CASH FLOW | FROM OPERATING | |||||
| 21. | ACTIVITIES | |||||||
| Group | Group | |||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Net income/expenditure |
for | the | year (as | per Statement | of Financial | |||
| Activities) | 275,959 | (83,246) | ||||||
| ADJUSTMENTS FOR: | ||||||||
| Depreciation charges | 241,970 | 204,940 | ||||||
| Dividends, interests and | rents from | investments | (78,458) | (68,620) | ||||
| Profit on the sale offixed | assets | (688) | ||||||
| Decrease/(increase) in debtors | (28,130) | 18,166 | ||||||
| Increase in creditors | 603,853 | 1,156,008 | ||||||
| Net (profit) / loss on sale | and revaluation of investments | 32,527 | (39,585) | |||||
| NETCASH PROVIDED BY OPERATING ACTIVITIES | 1,047,033 | 1,187,663 | ||||||
| 22. | ANALYSIS OF CASH AND CASH | EQUIVALENTS | ||||||
| Group | Group | |||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Cash in hand | 3,759,789 | 3,083,173 |
| At 1 April 2024 |
Cash flows | At 31 March 2025 |
||
|---|---|---|---|---|
| £ | £ | |||
| £ | ||||
| Cash | at bank and in hand | 3,083,173 | 676,616 | 3,759,789 |
| Short | term deposit accounts | 334,000 | 334,000 | |
| 3,083,173 | 1,010,616 | 4,093,789 |
| Charitable | Charitable | ||||
|---|---|---|---|---|---|
| Group 2025 |
Group 2024 |
Company 2025 |
Company 2024 |
||
| £ | £ | £ | £ | ||
| Not later than 1 year | 12,965 | 12,860 | 12,965 | 12,860 | |
| Later than | 1 year and not later than 5 years | 13,350 | 26,315 | 13,350 | 26,315 |
| 26,315 | 39,175 | 26,315 | 39,175 |