COMPANY REGISTRATION NUMBER 00269085
REGISTERED CHARITY NUMBER 260467
INSTITUTE OF AMATEUR
CINEMATOGRAPHERS LIMITED(THE)
(A COMPANY LIMITED BY GUARANTEE)
FINANCIAL STATEMENTS
30 APRIL 2025
"AEV7VZZS"
21101
26
COMPANIES HOUSE
#30
BELL TINDLE WILLIAMSOIY LLP
Chartered Accountants
and Registered Audito[5
The Old Post Office
63 Saville Street
North Shields
Tyne & Wear
NE30 IAY

]NSTtTUTE OF AMATEUR CINEMATOGRAPHERS LIMrfE
A COMPANY LIMITED B Y GUARANTEE
FOR THE YEAR ENDED 30 APRJL 2025
coNrEN
Re[￿ ofthe TnLStees
Irtdepcndent Exwntncrfs Re￿ to th¢. Tnrste¢s
10
s￿ten￿l of FinarKiaJ Activities
Balance She
12
Nor&s to the Financtal Sta*tttnts
13-22

Page I
INSTfnJTE OF AMATEUR CINEMATOGRAPHERS LIMITE
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
THE
The tnLStees arc ple*sed to presthli their at)ffiual report togetkn with the fEnancial ststements of the charity for the year
End￿ 30 April 2025 whith prepara to meet th¢ for a dtrectots, rttx)rt and financial 5rate￿￿llts
for Coryanies ActPUTP05es.
'Tht financial statements comply with thc c￿￿￿¢S Act 201 l. thc Companie5 Act 2006. th¢ MeTnoraDdum and Artt¢les
of Assotiaiion. and the cbarities Sthtenxn¢ of R￿om￿￿dtd Practice {applkcable to cbarities preparing their financial
statements in accordanc£ with the FinwKiat Rcporting standa￿ applicablc th¢ UK and R¢public of Ir¢l8ttd: FRS 102)
Lssued in October 20l9.rij
Ollr Pu
osu Activitie
Ptsrposes aMdAI#
The Charitys obi¢ct and its PTirtip&l adivity tffitinues ty be that of the promotion, advattc£tr£nt aThd i1￿mVe￿enI of
g¢n¢ral educAtion in rtlation to all ￿pects of cin¢mtop3phyand ¥ssotia*d audio and visual the dev¢lopment
of public aPpr￿)Ition of such arts.
EMs*•Yrt8 04r IYor*Délivm OwAi
Wc review our airns, obj¢ttives and ￿tl￿tieS cach year. This revicw looks ar what we have achieved and thc outcomes
of ow work in the previou5 12 ￿￿)nth> The rcview looks ￿ the 5urrus of key activity and the bellefits that they
have brought to those groups of peopk we are Set up to hel
The re¥i¢w atso hflps us w cnsuT¢ thai oyr obieuiv¢5 ¥Dd activiti¢5 hav¢ rtm8uKd focused on our stated
PUT[￿5¢& W¢ have r¢feTred to guidancc contsined in the Charity Conrnission's gen¢Tal guidance on public beD¢fit when
reviewing OUT aiTN8 and objecrives and in plannin8 our furdre acrivine& In wticular. the tnJstee5 consmler how planned
aciivities will tontribute to ihe al￿￿ and obJeciLves ihey have set.
The Foru$ W•rk
Our rnain obj￿￿Ve$ for the yw continued to be the ptOTrybti¢)N advanc¢JwJt atLd improvement of 8rnetal education in
relaiion to all aspE¢ts of ¢inemawhy and as￿lated audio visual a￿. The strategi¢s njeet these
objectives included..
RunnitLg tbe Britssh 1n*rnaiio￿a[ AtD*W Film F¢s¢ivai atsd Oth￿ ¢veDts thLring the year.
PublishiDg the Filtn and Video Maker ￿az￿
HxviDg a fi]Ilyworkable websitewhich memkn aftd the public caD acc￿.
Holding an IAC conyiition tach yt4r.
Archiving m¢mkn fihzts of ini¢f¢sL

Pagc 2
INSTrruTE OF AMATEUR CINEMATOGRAPHERS LIMfTE
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
ow Our Acti
Our rnain activLtifs and who we try to help are described btlow. All our chan"tsble objcdives fwus on promoting
¢incma￿8[aphyaThd the publi¢.$ app￿l3110n of su¢h orts.
Ivho U5ed4Tr4 Benefvedfv* O¥rSer%Yu?
The charity encourages and Supp￿ anyon< frnrn beginner ￿ exm who makes films *)d AV squ￿ceS. It provides
newski*rs and ron]n￿ to allow people to engage and Share thas.
More informtiort abtyjt the services oif¢ml by the ¢han"tyrnay be accessed on the website at www.theth¢.org.u
Aehitvemehts and Perform*Net
The Annual General Meeting t(w)k plx¢ via Zoorn on Sunday I lth Novembet 2024, followed by the well-supponed
Members, Voices session. A5 with the 2023 AGM. the onlin¢ format drtw Stronger att¢nd8D¢¢ thao a fxe40-fa¢¢
8athenn8 mi8ht have. Given its $ucce5s. the 2025 AGM i5 also ¢KpecwJ ￿ be h¢ld onlin¢.
BIAFF 2025
The 2025 competition ran frorn I￿ Septerrthr to J Isr tkccrth 2024. allwting 217 filrn entries. JudgTrng ￿0k place
online from lthh to 12th January. with results announced on IM March. IAC memtrKr5 ontt again benefltted from free
entry before the FaTlybird deadline of 5th November.
To ¢4se the judging worklo4 additional judges wwe again recn1itè￿1￿llnU*na the successbjl approach from the
previous Itar. Special thath go Whymao and th¢￿tire JUd￿ng rearn for their dedicaiion.
The festival ran from 21st to 27th April 2025. followng a familiar fi)nnllL onlinc screcnin85 during the wttk.
culminatin8 in in4heatre prescntstion5 at the Crescent Thcatre. All we¢keDd screetlings were held in the main
atyJi¢OriUm.
At*ndance remained consistent with prewou5 Jrars. The Carcgory Award W1n￿rS. Show wa5 once again part of the
Festival Dinner and rtteived positive feedback. Plans are in place to repe4t this fomut in 2026.
h¢r F51Mm*ki•% Ev¢Dts
Our bi-llK)tsihly Open Film Nishts cotititiue to oitract siron8 Held via ZOO￿ th¢s¢ sessions ￿1¢0￿¢
fiitDrnakers to share both uew and 3r¢hival wo
Jn July 2024, the IAC IKJstrd another succe55ful 48thour FXID)D>ki￿ Challenge. rec¢iviDg 15 ¢¢)trie5 from
across the UK and ovetseLS. Spe¢iaS th&Dks to IAC Patron Paul Kits¢l. FACL for bis ¢Ontributiolls ￿ these events and
for producing promotional videos foT au our
FllTn and Vldeo Mak¢r (F
The IAC'S ma82ziDe. Film and Video Maker. ¢￿1]n￿e¥ to enjoy robty suppon Member f¢edback renHiN ￿sItIve.
with a diver5c mix of articles from l*)th IoD8.sthnding and contiiburors. Martin EvaDS ¢onlhnues to exc¢1 as Editor
aod DesigDCr.

Page 3
T￿[r[E OF AMATEUR CINEMATOGRAPHERS LIMITE
A COMPANY LIMITED BY GUAIi4NTEE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31J APRIL 2025
Athi
And Pe
Membership
Mcthhip ContinL￿5 ¢0 dEtlitte, lar8ety due to the agemg de1￿8￿phie. While frcc BIAFF cnty has helped #ttrnct
new members and slow the decline. it ]Jasn't reversed the tscnd. Suppottsng ow ]Thembers and tlubs Tet)JaiJJs a top
priority. The Council wel¢onKs ideas-and J)w¢ imp)rtandy. hands-on hel￿froM mertkn.
FlvAantlal Revlew
The StsLeTfLenl of Fin8n¢ial Activities shows 4 deficit of £17.201 for the yeAr (2024 - £16.601) kfore a net inv¢5ttn¢Thl
loss of £600 (2024_ £161 gain). Totsl r¢scrvcs aTr £165.814 (2024 - £183,615). Reserves of £5.oc￿ {2024 _ £5,0(K)I
are earnarked fof possible fijture work with UNICA IUnioTh Intrmationalc du Cinéma) In thc UL A fvrtherdcsignated
serye of £4,223 {2024 . £4,223) is held ￿ a result of fimds received from EARJAC. A fiLrthtr designarcd r¢seTVt of
£5,523 {2024 . £5.523) repres¢nts the ¢losing fuJ)ds of the NW Re￿oll. Cash and invesmjents (includiDg nothce and
fixed deposit ac¢owits} are £161.78812024- £169.083).
The Charity colltinues th exercise stria fiTwKial controls ovcr its costs, and to ¢nswr va]ue for ttK*nty.
No dividends are payable. Under Clause 3 of the Memrandum of AsgXia(￿ln M pan of 4ny incoffle may b¢ dr5tributed
to the members.
N¢ith¢r honoraria nor ¢t￿lu[M￿ of aoy have been pl￿ to any Ttus*e of the awi.ty in respec¢ of their services
as Tn]stee.
Prillcipal FundingSo*rc
The rnajor soUr￿S of inc￿￿ for the chtrity conrinue to E¢ sub5criptMs and ￿nieS rcccived from the CopyTight
pro8rarnme.
The ujsts asso¢iatcd with producing the Film Video Maker httd offering the Copyright prograt)The the
main costs 18so¢iaied ￿th the charity.
lnve5lmenfh￿yrs 4ndPoli
In liDe with Chan"ty CorntWSSiOD advic4 the Tr￿Sle¢s have adopied a fornxl invest￿￿nt polkcy for the Cbariry. This was
sed at the Council JTWing of 17 July 2011. The Temaindu of this scctiOD SUIM￿ the key elertnts of the
policy.
The Ch&rity is currently in surplus atsd bistoricalty. and at end funds were invested in bank accounts including
intrre5t.ond.norice.deposi¥a¢counts-thtCharitierki"d-FoulldatioJL and a FTSE ￿￿x-171￿¢d investment. Re¢en¢
World flnancial cvenL8 have rt5ulkd ￿ extreoxely low renjrns from bank deposits and have also highlighted the
)tsntial riskslDe¢d for BOV¢llJll*nt proteoion of d¢p)5ity in th¢ UK the IiDll"t for protection is £85,000 for th¢ $wD of
all tb¢ d¢posits beld by the CbaTity with &Ddividual iDstiwiion.

Page 4
INSTITUTE OF AMATEUR CJNETri4TOCRAPHERS LIMrrED
A COMPLNY LIMITED BY GUAIi4NTEE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
Under tht Met)mndum and Articles ofAsswiatTron. the Charity thc power ￿ invest in arty way the TnLslees wish.
Simi]otly, uthd¢r th¢ Ttustee Aci 2000, the TnA5*es have a very wide of invesunenL
The Tmstres follow the b&sic principleof the Chan"ty Commission. in that thcy takca pnthnt wroach. Whe
Providing an income to help the (￿lty out its purp*)5ts cff¢ctivcly in the short term., ar
Maintsining an¢L if possible. ¢T￿￿¢Ing thc value of the Inv¢strd fiLnts. $0 ￿ to enable the Charity to ca￿Y out
effectivety its puqyJ5es in the longer tem
The Twstcts, in mrwging the risk5 F&ed by the Chtrity. mindful to baknce those ri5k5 awdinst the potrntial return$
from particular Inve51m¢nL5, and to bE avoid undue risk to the Charity5 funds by..
Investing onty in markets where financial Services 4T¢ r105ely re￿. al￿￿1￿¢ comp¢n$4tion schemes are
pia¢e.'
Having a suitably diversified in¥esmtportfolio'
Being particularly wary of making 4*culaTive forn￿ of investtrtnL
Reporhng on the policies in this Annual Rwrt atld Financial Sta*ments.
The TDJstres have regard w the liquidity require￿￿nts of operauthg the Charity and to the Reserves Policy of tht
Charity.
The Tnvesunent Policy adopted by the Truste&% extend5 the Current Tangc of inYtsiTnEnty Trx>vnd dep)sits in banks,
building socjeiies, tht Charili&S Aid Foundation attd NatioMI Savings.
The Inve5tmEllt Policy is th*t the Charitys funds in excess of irrur￿lItt netsts should be Tmnaged to ￿￿re the be
rctyrns available withiD 8 spread of 1nvc5trr￿l that..
Ensures available whth required bydayth dayaclivili*"
Minimises risk by a spre*l within the range of perniitted investn*nts. and for derK¥sits placed. then also within
the protection limit provided by the Depo$it Prote¢tioth FI￿d..
Allows equiry investm¢nt bui only in fslablished unit trusts OT similar fi]nds and to a m￿lm￿n of 20% of funds
generally available-
Penntts iThvestmeni tn fixed intere5r fund* of the FfsE 250 eonyiies up to a maxitlxm of 20OA of funds
8¢n¢raily available.
Ioitial. annual and any other costs of iDvesiiti8 in sucb fimds are pr￿r]Y cotssidered artsj Mini￿Se￿.
If appropriate aDd deellLe41 cost<ffe¢tive, thc Tre&sur¢rTwsc¢k ￿￿¢￿t￿dent advi¢
The Treasur￿ rerx)tt% aDycban8es in iDvestsnemL8 by type attd value to the Council at eacb meeting.
orne &om invcsiumts is tdcniifKd as partof the rry￿E proccss.
-ordeptO-dis¢harge"thc-duty"toidoFt-a wudent
ackAJowl•Jge theytnusL
to the MveslD￿lli of tht chari.tys funds. Trustees
Know their inv¢stri)¢nt powers and poli¢ies:
Dis¢harge their duii¢5 properly whcn they tske decisions about invcstmeDts'
Have proper arratsiett*nts in pi¥e forholdiDg Investm￿ts on bebaifof the Cbarity.

Pag¢ 5
INSTfTUTE OF AMATEUR CINEMATOGRAPHERS LIMrrED
A COMPLNY LIMITED BY GUARAN
EE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
Inv£gthieNIPowers AxdPolKy
The Tr￿tea are not liable io make good the Clwitys loss si￿￿1Y an invtstmeni t))ade by th¢m is unsu¢¢e$s￿].
However. Tru5ttts tnay be liable JF, In rnaking or retsiniDg the unsuccessful inVesu￿nL they havc ¥ctcd outside the
scop¢ of theirwJwer5. or have failed ¢0 discharge th¢ duts.es refeTr¢d kn ¥iKJv¢.
Re5ervésPolicydRd Goth8 Comcern
The Ttrusiee5 have established the level of Benewal rtserwds (that is th05¢ fwmls that are frc¢ly availabl¢) that tk Ch#rity .
8ht to have. R&serves ar¢ needed to prrteniial gaps. developnxni of the Charity5 activitie4 and to cover
nexpect￿ ¢o$t&
The cur￿1 ain) of the TnJsie¢s is w build th¢ genernl fijnd tts a l¢vel ￿ cover its (or a period of two and a half
ycaTS. Satisfactoryprogress i5 being Rmde tOW￿dS this objective.
Plans for Futllre Perlods
We remain ￿mmIt￿4 ￿ swrting our through a ran8e ofiniiiativ4 iThcludin&
Publishing a high-qu¥lity Irwirt.
Hosting regular events 8t￿ conwetiiii)ns.
Managing two websir¢s and muliipl¢ Social chan￿ls.
(hganising a WoTldrfl￿S it)ternatLonal film festival.
Buildin8 P*tsu5hips with other fiin]m8kin8 ¢NgarttsatiotLs ￿ tatye our profile and charyion amate
filyrmthing.
Our Thank5
The IAC exrends h¢2rtfr1t thanks to ¢voyon¢ WI￿ ￿pr￿ OUT WOTK both on and off the Council. Spr¢iaJ appreciation
goes tci:
Jart athd Dave Watterson and Martih Evarts for tt*ir work on the tweb5ite5
Martin Evans for hLS conrributions ￿ FVM and ihe BIAFF progranllne
Mike WhyThan for his 0rt8oJnB support ￿th BJAFF
All our judge5 and f¢shval voh]nteers
David Henderson for his work as Company Secmary
Our PresideDL Li]xda Gou8h and th¢ ¢lltu¢ IAC Cowi¢ii for their dedication and support
It's through th¢ a¢tiv¢ involvemettt ofour rnejrkns thatwe contiM￿ to thrive and pmnh)te the IAC.

Pa8¢ 6
INSTITirrE OF AMATEUR CINEMATOGRAPHERS LIMITE
MPANY LIMITED BY GUARAP4TEE
REPORT OF THE TRUSTEES
FOR THE YEAR EIWED 30 APRJL 2025
Ref
ntÈ
d Adrninistr*tivé Det*ih
ChArity N4mÉ.'
The IDStitht¢ of ATrthurCin¢tiyatogr8ph¢r6
Charity RegisrratsoH N4•ber."
260467
CoWyReg￿tr￿rf0tt
CQ269085
Regiwred OfficeoJJd
OperutsoMulAddr¢ss.'
Mcctacken Park
Grcai North Road
(kJ5forth
Newcastlc upon TYT
NE3 2DT
HSBC
54 H?gh Street
Surtey
KT19 8DS
E J. H*rtsh(Kt*-Fer¥uson BA FCA
Bell Tindle Williatytson LLP
The Old Ptsst Offirc
63 Savillt Strcct
North Shjelds
NE30 IAY
Diredors TrnstseS."
The Charity is governed by a Council. whose meTtkn a￿ the directots of the tlwitabl¢ ¢otsJpany for the putptsse of the
Companies Act. The directOTS is trus*¢5 for the PWF4)s¢ of tharity law aThJ thToughout thi5 rel￿rt are colkciively
referred to &8 the TTUSttts.
The Tntstees who served during the pr. and fol]owin8thc )rar en4 wert a5 follows:
Electrd Truslees." L Gough FACI (Prtsidcnt)
S. M. Surnner FACI (Chairnjan)
D. A. Heoderson (Tre4sunlCompany S•)
M. Wb)qnan FACI
A. W. Atkinstin FACI
P. E. C. Collitis FACI
R. J. Day FACL
M. C. H. Gougb FACI IM)
T. D. Patrick FACI
W. J. (hve
J_ William5 FACI
l. Bethwl
f¢7ppowW 14Aug¥512025)

Page 7
INSTITUTE OF AMATEUR CINEMATOGRAPHERS LIMITE
A COMPAI%Y LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
trueture
vtrnance *md M*n*
The Institute of Amateur CincTnatographcrs timi*d is a comparty limited by guarantee governed by its Mcmordndum
and Articles of AssociaiioD dated 6 Iktober 1932. a[￿nded on 25 F¢bruary and 4 NoY¢mber J972, 8 October 21M)O and
22 0(ttsb¢r 2006. It 15 rcgister&l 0$ a ¢harity with the Charity ConllThi55ion. There ￿ no ag¢ limiiati(pn w b#omirt8
member of the Institute and thcre are cwrently lppwximately 9C(I each tsf whom a8ree5 to contribute up to £2
in thc ev¢nt of the Charity winding up.
In aC￿rdanCe with $.1 of the Conyanies Act 1980. the classification chanpj from a public lo a privatr
company.
The directots of the Company are also charity Trustee5 for the pufF*￿ of charity law. UTh(kr the reguir¢nKnts of the
Memoralldum and Articles of Association. one-third of Trustees must rwiT¢ by rotation. The Trust¢es 10 retire by
rotstion Shall be those who have bc¢n lort8ell in office sinte their last (re) ap￿intMen1. If the Va￿ncY of the retiring
1rn5*e can[￿1 bc filkd by onothtr candida* theth can be Twpoinied In their original role.
Trullees a￿ voted OnLO the cour￿11 ai the Annual Gtnewal Meeiing. Thc Coun¢il has the p)weT ￿ fill vacancies and to
opw)int additional TnLStett &8 Ll ctsnsidets fil th do so.
All of ihe Tnjsttts wve their tirne voluntarily.
New Tr￿Stee5 aTt provided with an informatioti contsining aft explanation of role. details of the duries of
TTU5tce5 and Director4 link5 for. funher Inform￿1￿ on the5c duties. and a ¢opy of the MemoTandum and Articles of
Association of the TAC. This is swytKJrted byongoin8 discussion with and advicc from senior rnEmbers of the Council.
The Council. which can hav¢ less than 12 And up to 30 adm]nb5*T5 the Charity. The Council m¢¢ts
quarterly and there are committees and 5utrtrcommitrte& which can I)￿sary.
ThE Insiitute¥ CbainDan and Pr¢%ideDi ovetsee the opttallons of the Cbarity. A General Secre¢W m•nages the day.to.
day affairs of the Charity. Onc TrKmber of Council is appJiD*d as AdMi￿tion Officer to provide close betweell
thc Council and the Gcncral Secretary.
RisA M4n#gemeRI
The trusttts hav¢ ￿nduCted a review of th¢ maioT risks towhicb the charity is ex*.
As part of the risk maD8geItieDt pl￿as. thc tru5tCe5 Iwvc inylemented a risk nw&8tDxnt Strate￿ wbicth comprises."

Pag¢ 8
INSTITUTE OF AMATEUR CINEMATOGRAPHERS LIMITED
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
Risk
An armu¥l revicw of the risks thai thetharity may lac¢.'
Detailed action plans to rnitigak tho% nsks identifid. and
tmpl¢m2ThtatlOD proccdures designed to minimise any powitial iirpct OD the clwity should of thc5c risks
matrriaJi5e.
During thc th¢ Tn￿¢¢5 have tske* steps to abJre5s spe¢ifK Ti5ks ]￿lUding..
Coniinuing cff#tive controts over ¢35h. bvdg¢ts aNJ fuwici•l commitmehts.
Followin8 a forn￿ invests))eni policy artd proceduTes.
Working with the East Anglian Film Arthive to preserve our film *¢hiv¢.
Using an ipforrnaiion pack for Truslee Ir￿U¢ll0th and tsainin8.
EM$uring that in$tsTa￿e is in place for errgloye¢s and other liabilitiC5. including public liability al natlOn81
tveDts.
Compl￿ng with thc hc81th 8nd safdy policy of our I&￿10rd.
Prepann8 ourowtL nsk assessment d(*urnent.
Th¢ Trus¢ees w¢ Satisfi￿ that theyhave tsken all the necewry steps th lesw the risks alTectiD8 the IAC.
tn &$ for as it is complerwittry 10 the clwity's objective4 the charity is guided by local policy and prtncrshtP5. The
related parties during the fiThancial ytar aT¢ shown in the note5 10 the financial stsiements.
Trustees. Re5
n5ibilltle5 in Relation io ihe
t8tememts
The TTUS1¢¢5 (who are a150 the Director5 for the pur]M)se5 of cowy law) are rtsw>nsibl¢ for preparin8 the TTUStets
Annua] Report and the financid in ac¢ordance with appli¢ablc law and Uttityj Kingdom Accountirtg
Stsndards (Unityj Kj'ngdorn Gen¢rnJly Acceptrd Ar￿U￿b"ng Pr8£1ic¢).
CoTt4)any law requirey the TTU5tees to prepare financial statsTtThts for e&h financial w which giv¢ a true and fair
view of the slate of the affairs of the chan"t8ble cowy as at tht balance shed date and of its incoming r¢sources and
applicaiiort of resources. including the surp1￿$ or defKiL for the fLThancial year.
Xn prepaTing thos¢ financial Sta￿t￿nE& the Trw¢es *e requird ￿.
S¢le¢t suirable a¢￿U￿tIng FKJlicies ￿ th¢n apptythemconsiswLdy,
Obs¢rve the rnetw aod priDcipl¢s iti the Chan"ii¢s SORP:
Make sound jud￿nents and ¢stirnates th&t art Tel￿￿&ble and prudeDt:
Stale whc(bei appkncable UK Accounting StaDd8nts b8ve bc¢n followtd, ￿bi￿t to atly inaterial departures
dis¢losed at)d explaitied in th¢ fthancial statements. aDd
the financial ststrtnthts on the goiog cooccrn basis unless li is inappropnate to ptesunx that the
aritsbk ¢ompany will couliuue in busitL¢5

Page 9
INSTITUTE OF AMATEUR CINEMATOGRAPHERS LIM
A COMPANY LIMITED BY GUARANTEE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
HE
s¢w' Re
on$lbllltles ID Rel th)n to tbt Fln•mci•l
tjitements ((￿r￿￿e￿j
The Trustees have overall rwDsibility t￿￿TIng that the dwritsbl¢ o)mpany has appropriate and contrtsls,
rinancial and othen¥ise. The Trustets also r¢S￿nSIble for keeping propel accounting ￿e0rdS which disclose with
rcasorjable accuracy 3t any time the fLthancial position of the charithble company and w t￿ble I1￿ to ensure ihat the
rinancial staiements comply with thc Compani¢s ACL 2￿6.
The TTUStee5 are a150 rwnsible for saf¢8uthin8 the asseLS of the charimblc cowy and for their pmpcr applicatson
as requir¢d by charity law. w)d hence for tskiog reasonabl¢ st¢ps to preveDi and delea fraud aT¥J othw iTregulaTiti¢5 and
provide re&8onable awrdnGe that:
Thc Instituie of Amateur Cin￿￿10￿1#Phels is (yTrtingefficienilyand effectively,.
All assets safty￿[thI agaiffjt Wlauthori￿ use ordisposition and are propeAyapplied..
Propel accountLng records are maintaincd and rtnancial inforrniiw used wthin The InsiituQ of Amateur
Cinetna¢ogropb¢rs is reljable" and
Th¢ tn5tity* of Anxteur CinaNtO8whers coff4>1i¢s with relevant and regulation
The ¢ru5*es are res￿nSIble for the maintenance and inte￿]ty of the ¢orporats artd fthancial infornutiott included on the
¢harithble cOmpath￿s websiie. Lewlaiion in the United Kingdom governing th¢ prepsrntiort and diss¢min8tion of
fina￿181 statetnents may differ from lewlatLon in other jurisdiciion5.
The Trusttts, who are DirectOT5 for the Purp￿ of conyny law. and Tnthes for the purp￿ of charity i&w. w
seTved during the yearartd up to the date of this re¥￿ are sei out on page 6.
In accordaTKe with conM)any law. &s the conyany'5 Directors. wecertify that..
So far ￿ we I￿ aware there is ￿ rtltvani infornmtion of wh*h the charitsble cottw8n￿s independent ex8miner
is unaware., and
As Directors of the cowy we have taken all the steps we ou8ht to have tsken in order to make ourselves
aware of any relcvani inform￿ and ￿ estsblish ¢haritys ind¢wdent examiner 1$ awar¢ of that
infommtion.
It wll b¢ proposfyj at th¢ Annual GeJ¢r31 M¢¢ting that E J. Hartshonx.Fer8uson of B¢ll Tindle Wil]ion)soo LLP will
conliou¢ in office a5 thc indweDd￿ cxamincr for the ensuing ￿.
This rep)rt was approved bythe board of tr￿51¢¢5 on 9 NoveDknr 2025 and signed on IL8 behalf by.
S. SUMNER FACI
Chatr￿M￿￿OIso¢

Pag¢ 10
INSTITUTE OF AMATEUR CINEMATOGRAPHERS LIMrrED
A COMPANY LIMITED B Y GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FOR THE YEAR ENDED 30 APRIL 2025
HE
I report oo the financial sthtements of th¢ Charity for the yur ￿led 30 April 2025 set out on pagcs l i to 22.
tive Re$
onsiblilties Df Trustee5 aBd Examin
The chariws trustees (who are also the diffctors of the Company for the purp)ses of cotwy jaw) are responsible for
the prcpaTaiioll of the finaTLcial ststements. The chan.tys truS￿S consider thai an auth"r is noi required for the year under
5eclion 144(21 of the Cbarities Act 2011 (the 2011 Act) atsj thar an examination 15 needed.
Havittg satisfied M￿lf that the clwiry is not subject io audii Part 16 of the Companies Act 2006 alld is eligible
(or independent examitiaiion. it is my responsibility to:
examine thc finaacial statements undtt 5ectiOD 145 of tbe 2011 ACL"
to follow the procedurcs laid dowrt ill the General Lh"rtctions given by the Clwity Cot)mliS5ion
under section 145{5Xb) of the 2011 Aci. aTKI
to sthte whether panicular rnatt¢rs bave come to my attention.
Basis of IDde
dent E￿miner'S Re
My examination was carried out in accordance with the General Dlrections given by the cban.ty Coojmission. An
examination includes a review of the accounting Tecords kep( by the clwity and a ¢on]parisoo of the financial staternents
preseoted with those records. Ir also includes consideration of any unusual iten]s or disclosures in the fjnancial
staiemenis, and the seeking of explanations from you as Irustees concerning any such matters. The pro¢edure$
undenaken do not provide all the evidence that would be required in an audkt and, consequently, DO OPilliQll is yven as
io wheiher the flnancial strt¢m¢nts present a true fair view aud the report 15 limited to those matters set out in the
statem￿1 below.
Inde
ndent EiamiDer'5 Statement
In connection with my examination. t)0 matter I￿S come to my attenuon..
which gives me reayonable cause io believe that. iti M￿trIal respeeL the requiremellrs..
(a)
to keep aCCOUllling records in accordance with section 386 of the Cort]panies Act
2CK16,. and
(bl
¢0 prepare financial statettwits which ¥¢ord with the x¢ouncing ￿cOrdS and comply
with the a¢¢ounting requiremeots of secti¢)n 396 of the Compaoies 2006 bave
noi been m¢l or
y op￿lon, attentson should be drawn in order to enable a proper UDderstsndin8 of
the fMwi¢ial staiemenis (o b¢ r¢ach¢d.
Bell Tindle Willian)s()n LLP
Chartered Accouniaots
and Registered Auditors
The Old Pos¢
63 Saville Street
North Shield5
Tyne and Wear
NE30 IAY
E. J. Hartsborne-Ferguson BA FCA
9 November 2025

Pagell
INSTfnJTE OF AMATEUR CINEMATOGRAPHERS LIMITE
A COMPANY LIMITED BY GUAIL4NTEE
STATEMENT OF FINANCIAL ACTtVlTIES
CORPORATING INCOME AND EXPENDrruRE ACCOUN
FOR THE YEAR ENDED 30 APRIL 2025
THE
trltt
2025
trxted
2024
INCOME:
37279
39.510
Investment inwne
8,322
7.012
Income from Charitable Activitsts
12.321
7,143
TOTAL INCOMING RESOURCLS
53.665
EXPENDITURE:
Cost•f Centrating Fund$
Fundrai$ing Costs- Subsuiptiotts
9.377
9.462
Expoditsjre Chwifable Activiti¢s
65.746
60.804
TOTAL EXPENDrruRE
75.123
DEFICIT FOR THE YEAR
117201)
(16,601)
Net gains / (losses) oft investt)Ktsts
{6LN))
161
NET MOVEMEIYT IN FUNDS FOR THE YEAR
17.801
16.440
RECONCILIATION OF FUNDS:
OPENING FUNDS AT 1ST MAY 2024
16
183.615
21I).OSS
DEFICIT FOR THE YEAR
(17.801)
(16.4401
CLOSINC FUNDS AT3OTH APRIL 21125
16
165.814
183.615
The Siatetwtst of Financial Activitie5 includes all gains and losses in the year at￿ thettfore
AII iD¢omitig te9)U￿¢S attd resou￿￿ derive frorn ¢ontitiUEDg 3Ctivities
e 13

Page 12
INSTITiryE OF AMATEUR CTNEMATOGRAPHERS LIMrrED
A COMPANY LIMITED B Y GUARANTEE
BALANCE SHEET AS AT 30 APRIL 202S
Note
25
2024
FIXED ASSETS
Tangibl¢ Assets
Investsnents
Io
15.505
10
31.105
12
CURRENT ASSETS
Debiors
Cash at and in Hand
13
14
4.143
161.788
165,931
2,023
169.083
171.106
CREDITORS. Amou￿ DUE
WITHIN ONE YEAR
15
15.632
J8.606
NET CURRENT ASSETS
150.299
152.500
TOTAL ASSETS LESS
CURRENT LIABILMES
165.814
183.615
General Funds
DesI￿ated Futhd.. UNtCA ID the UK
Design￿ed Fund.. EARIAC FurKI
DesI￿a￿l Ftsnd.. NW Rwon Furxl
151.068
168.869
5.000
4.223
5.523
183.615
5.523
165.814
These finantia] statements have been prePa￿d and deliweTed in accOrdar￿e with the provi5ji)n5 applicable io companie5
Subject to th¢ 5nMII Gompanies. re￿￿ aT¥J in ¥tOTdant£ FRS 102 Tre FiDancial Ker￿in$ Standard applicable in
the UK aTKi Republic of Irelan¢l.
For rhe endiTrB 31Jth April 2W25 the cowy WJS ¢ntitkd w exenyion frorn aLMlii str11¢￿ 477 of the
Conwanies Act relating io small compaTri&s.
DirecroT5' le¥￿￿$1b11ltsc￿.'
The have not wuirtd the conyDy kn obtain an audit of its finan¢ial statcrnents for th¢ y¢ar in
quesTion in ￿OrdanCe with s¢¢tiM 476;
The directors a¢knowl¢dBe theht r¢swJosibilities for ¢ot)wlyuJg with the requirem¢ots of the Act with
respect w ac£ountiDg ￿)rdS and the prcp3Talion of fitsancial stalcwKn¢S.
These f￿8￿¢￿1 stat¢rnents were approvcd by th¢ board of dirtuors aud 3uthorised for issue on 9 Nov¢Jth¢r 2025 and
are SI￿led on their betLallby-
S. SUMNER FACI
D. A. HENDERSON
ChairtDallryrusiee
Rw"strntion Nwthw. (m69085
Tlje 13 to 22fornport0fthesef￿*w£i￿IJ￿4Se￿¢fft$&

Page 13
INSTrrtrrE OF AMATEUR CINEMATOGRAPHERS LIMITED
A COMPLNY LIMITED BY GUARANTEE
NOTES TO THE FINAI¥CIAL STA TEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
HE
UIYTIN
POLI
Th¢ prin¢ipal a¢countin8 tK*licies ad(yted in the preparauon of the finwKial 5th1¢Jrtnts are s¢t out below. Th¢
accouniing policies have applitsl COD5is*ntlythroughout the year aDd in th¢pr￿e￿Ing year.
f Pre Aratioo
Anti*l
tatemt&ts
'The finaDc471 statemcnts have bttn prepared under the historical cost convention. and in accordance with the
Cknilies.. Statemenl of RecOnpn￿nded Prac1]￿ lapplicablc tts ¢hariti¢s preparing the￿ ac£ounts in accordance
with the Fjnancial Rep)rting Standard applicable in the UK and Republi¢ of Ir¢l•nd IFRS 102)) (issu¢d in
0¢￿be¥ 20191- {Charities SORP (FRS 102)). the Financial Rep)rting Stkndard appliublc in ihe UK and
Republic of Ireland IFRS 1021 and the Companies Act 2LXJ6.riJ
The Insriture of Amarew cinen￿t08r8pkn n*¢ts the definitign of a public be#efii entity under FRS 102.
Assets and liabiliiits are iniiiajly rfcogni5ed at hi5toricaJ cost or tran￿1￿ll Val￿ unless otherwise S￿*d in the
relevant xcoiiniitt8 ￿)11¢Y note.
tion •f the FiD*nci*l StAt
C•neern B*s
The trustees considcr that there are no rna*rial uncern3inli¢s aErf)ut th¢ Charitys ability th ¢oniinue Is a goin8
concern. There are no Signifi￿nt Jud￿nts or key sourtts of th8t hffe¢t the financial
#sh Flow Siattn*n
The Trustees have tsken advaouge of the CXCTrytion frorn i￿luding a cash flow statur￿1 in the financial
statements on the growids that the ctrthrity is SD)a]l.
Flxed Ass
All fixed assets are initially Tfc4)ttsJ at cost.
Depreciation is olculated Io WTite off the cost of fixed assets over the expected usefvl lives of the ￿Sets
concerned. The principal ar￿Ual rates for this pw. which art consisteni with those of the previous ￿aT,
Office Equtptmlt
Fixtures and Firtin8S
Fibn Libraryatyj Trophic5
25%
Stratghr Ltne
StsaLghr Lint
Nonllnal Vajuc

Pa8e 14
IN￿[ruTE OF AMATEUR CINEMATOGRAPHERS LIMrrED
A COMPAIIry LIMITED BY GUARANTEE
OTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EIYDED 30 APRIL 2025
ACCOUNTtI¥
OLI
All income is Tecognised once the charity has entitler￿n1 LO the incoJY4 Jt is prnbable that the income will
eceived and the ami)uni of income receivable can be Tcliably.
Dooatiw ond 8rants aff rttosD￿ed WI￿1 the chan.ty has been notified in wniitlg of Ix>th the
unt and settIen￿ld%t. In the evthi thal a donatiort is subject to condition5 that require a level
of F*rfonnance befote the Charity is entitled to the fi]nds, the incorne is deferred a￿1 not Teeognised
uDiiI either th05c ¢ondiiion5 afr fully or the fulfilTr￿t of those ci>ThditiOllS Is wholly within the
control of the charbty and it 15 probable th* kn conth"ticA)s will b¢ fvifilled io the feportithg
peri
Subscrip¢ioo$ re¢eivable are reo)gDistyJ over the which they relate. with any balance
attributable to per￿ts af*r th¢ bala￿¢ she¢t dat¢ i￿1￿1¢4 iD d¢fett￿ Income.
Th¢ w incon* from dwitsble arfivities is incllld￿ with the &wCIa￿ eX￿ndi￿lre included in
haritable costs.
IDv¢stsnent In¢0￿ 1$ irtlu¢Jed when rt¢eivabl¢.
ditsre
Expendilure is recogni5￿ on¢e therc is a legal or ¢oostsu¢iive obligation to make payTneTht ro a third party. it is
probable that 5ettlemeoi will k required and thc a￿￿)Unt of the obligation can b¢ tymured reliably.
ExpenditurE is t1￿)rie￿ under the follo￿n8 actI￿ty headin8S.
Charitable ex￿￿1￿re coryrises Costs in¢urfed by th¢ ¢harity in the delivery of its a¢tivities
and 5crvices. Ir includes both costs thai can be Y411ocated diTertly to Specific depaTtrn¢Dts ¥nd those
cosis of an indiT¢cr naDJr¢ ncce558ry to suppon thun. Charitable activities includc expenditurc
associa*d with the publishing of the Charitys nwine. Tilm and Video Makert. staging fllm
ftstivals and eompetiiions. providing training and grants. proTrriding infornwtion ￿ members and
thc public by phon¢. emasl 8T￿ thrtsugh the IACS website. operattng the film librdry and or¢hivt.
and encouraging filrn-mth.ng through advising on and adrnini5trring the copyight progrdmmc.
Governarte costs irttlude those co$ts &<socia*d with meeting the constiwtional and staDJtrJry
r¢quirem¢nts of the cbarity and iJ)¢lude the ￿￿endeD1 ¢xaTJJincr fec and costs link￿ ￿ the
StrBtegic mallageriienl of the charity.
Costs of gcaer*ing fijnds 3re those costs incurred in indu¢ing pcople and orgaru5atious to
contribute financially to the Charitys wo￿. and in tbose activitie8 thai raise fiumjs. This includes
the cost of advertiSla8 for tsew nxmbtys. processÈTh8 subscriptson8 atsd don8ttoA%, and the sragirt8
of fi]lldrnising¢vethts. The of LAC tt*Kcbatsdise is ¥paM¢ty dis¢iosal.
Support Costs iti¢l￿je ex￿nd]rOte on thc mattagen￿t •nd administiatioll of tbe Charity, including
the costs of tentiog and n￿￿108 office premLSC5. and sa]anes for thinistrdtion staff. Where these
costs arE not artributabl¢ ¢0 a siD81¢ a¢tsvity, th¢y ate allLxatyl on a b&sis ¢oThsJsten¢ with the use or
tesources. eg staff and pretDise5 Costs apportioned by the time SF￿( and other ￿sts by their usa8e.

Page 15
INSTITUTE OF AMATEUR CTVEMATOGRAPHERS LIMITE
A COMPANY LIMITED BY GLpARANfEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EIWED 30 APRIL 2025
IN
POLIC
h) Fund Actounti
Uftrestricied Funds arc fijnds which we •vai]abSc for use * thE d¥s¢retioD of the tsustees funherance of the
general obj¢¢¢ives of the ¢barity and which have not i%cn desI￿ated forother purposc5.
Restricted Funds are funds which 8r¢ lo be usd in a¢cordan(x with $pwifi¢ r¢striaiOn5 imposed by their
dortots or whi¢h have Taised by the charity for particular puTr05es. The costs ofrtisin8 and adJDinistering
such fund5 are char8cd again51 thc 5P¢tifJc fund.
i) Fin*nte
radvA
Rthltals applicable to operating lea8es are charged to the Ststement of Financial Aaiviiies over the period they
are Lncurred. Assets obtsined under finante are capitslised ￿ tsngible fixed assets. Obligations under
such leas¢$ are included io creditots nei of char8ts aiknca*d ￿ fijtute periods. The fU￿n¢t elenxnt of
each payym)t is char8ed to the Ststeineni of Financial ACti￿tieS g) &$ to produce a constani periodjc ra* on the
ei obligaiion outstsnding in each ww)d.
J) lTrvestrnents
Lis*d in•rt$ts￿lts are thowm * mwket value. Investments are a forrn of basic financhil instrumenl and are
Lnitially r¢¢¢ignJs¢d at their transaction V￿￿¢ artd subsequa]Ily *Tr￿sured & their fafrr value a8 at the balance
Sheet da* using the closing 4￿)led matket pri￿. Th¢ Sts*rDent of financial a¢tivitJes includes the n¢1 8ains and
II)sse5 arising on revaluation thr¢)ughout the )rar.
k) Irretover¥ble VAT
All resources ¢xpended art ¢lwif*d under aCtI￿ty headings that awegate all costs relatrd to the ¢aleBOry.
Irrecoverable VAT is ¢harged against th¢ ca*gory of resource5 for which it was )D¢UT￿l.
Prepa)Thcnts are valued at thc a￿K)Unlof exp￿IlluTE thai is prepaMI. Other dcbtOTS are talculated atrtordingty.
) C4$h
Cash atbaDk cornwises funds heid in the ¢k￿ltybAnk aJrreDt aLfQUllt¥md jD*reStb￿ring dq)05Lt accounts.
Creditors are reCO￿ls¢d whcrc the ¢haTity has a prese￿[ obliwdtioD resul¢ing frorn a past event thai will
probably-rcsult-in-th¢-tran5ftr-of-fiJndsioTr-third-Farwknd-thEativ)iinfdue to setile tbe obligation call be
easured or esiimatrd rehalAy.
lal ID$tr•JneMts
ro the 6ubst8Dce of the contsaemal
aTrdngeTr*ni. a5 either financial asseLS or equity ￿8rD]￿Ls. An equity it)st[￿l ts anycojtraci that evideo¢¢s
a residual interest iD the 455ets of the towy thr deduciithgalj of its iiabiiities.

Page16
INSTrrurE OF AMATEUR CtNFMATOGRAPHERS LIMTfE
A COMPANY LJMITED BY GUARANfEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
LECAL STATUS
Th¢ ¢harity is a cornpany limited by gu4Trnw al￿ has no Sha￿ ¢4pilal. The liability of each T￿l[￿¢T irt the
eveDt of winding up is limikd ￿ £2.
DONATIONS AND
trRttsd
2024
Subs¢ripttOn$
Gift aid recoverable
Don￿10￿$
31.338
5.024
917
31.302
5,194
3.014
37,279
TMENT INCOME
21125
024
Tncome from intere51 ttaring accfjunts
8.322
7.012
8,322
7.012
MEFR
M CHARrrABLE A
nre5tricted
202
2014
Fc5tivals and competitions
cop￿18ht prwaDJrDe
5.978
6.343
225
6,918
12.321
7.143

Pa8e 17
INSTrrurE OF AMATEUR CINEMATOGRAPHERS LIMTTE
A COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 21125
HE
upp
RT MANAGEMENT AND ADMI
Uorestri¢i
trl¢ted
2024
202
Office rent and xNce5
Administratstsn stsff Inotr 81
T¢thnic41 support and consultancy
BACS and reiaied software
Chher admihistraiivc ¢OSLS
7.335
14.371
5.660
i.ooi
3,772
6.981
14,753
4.690
1.007
4,468
32.139
31,899
These costs are allocated in support activiue5. a5 shown in the tsb]e below, a b&8is Consis￿nt with the use of
resol￿tt￿ &8 S¢L OUI No* l (g)..
restrlcted
2025
nre5trkted
2024
Fundwismg tOSts-5¥bstnp¢ioAs
- Sp￿lf1¢ alkKations
- apportsonThThi of TemainiDgoffi* athniuJstsa￿n and stsff costs
709
8JlO
9J77
1.233
9.462
Chartiableéciiviris%
- specific alloc&ions
- •p￿t￿)￿ment of temaining office. &1mmistrnion and #aff costs (n(b* 8)
815
15.602
16.600
1,4J9
15.087
16,506
Governaprc¢¢osts
- independent examinerfs fee5. cowKiI ￿￿)ng5 and AGM
. Worfitinftwtof TemainingoffL4 admitijstration arwj wifcosts
1,907
4255
6.162
.816
4.115
5.931
32.139
CHAIUTABLE AcfiviTILS
Unrestrieted Unrestrieted
2025
2024
25.015
10.494
4.452
3.023
1.907
4255
49.146
16.600
25.339
7,530
4,748
750
1,816
4.113
44.298
16,506
Fe5tivab and eorDpctitions
CopyTi8ht proryDTt¢
e.b.site inforn)ation_serYice
Independent ExaoMneW5 fees. couDcll meetiDgs alld AGM
Govcrnance eletDeDr of offics thiDistratioD a￿1 staff costs
T(rta] dite&i costs
Support costs allocated ￿ clwitsble activitst5 (tlore 6)

Pase 18
INSTITUTE OF AMATEUR CINEMATOGRAPHERS LIMrrED
A COMPANY LIMITED BY GUARANTEE
]YOTES TO THE FINAI¥CIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
8 AN
si
TE
NE
EMEF4T PERSO
EL
2(125
2024
GTOSS ￿larI¢S
14.371
14,753
Total (t)ote 6)
No emplorn had •yylo>v knefits in ex¢¢55 of£eQ,￿) (2024_£nil).
D. A. Htnderson received rtTNLneMion of £14,371 12024
£14,753) for hi5 services as
treasur¢rldirec(or/company secretary. No retJJunetation, dir¢¢dy or indir¢dJyTr was patd or pay¥bl¢. from tht
nds of the Charity ￿ anyof its otherTnLS*u thiring the year{2024_ £nil).
Other than D. A. HendeT50n. no Charity Tr￿eeS were or recejved any oth¢r benefLLS from employll*rtt
with tht cl￿ty in tht )tar (2024- £Nil) DeilTr*r were Ihey reimbursed txpenses durin8 the year12024- £Nill.
The key pe￿iDn¢[ of the d￿rity conyise the Trus*e5.
9 STAFF NUMBERS
The averdg¢ weekly fjumb¢t of staff t￿￿10￿. calculaied as full tiTr* quivalents w&$ &$ follow& analysed by
typ¢ of activity.
Fundrai$ing
Charitsble activities
GovemarK¢
Th¢ ¢harity do¢s T￿t oFtraie a PEDSIOQ schen*.
10 NET INCOMINGI
OUTGOIF4G
RESOURCES FOR THE Y
2024
Opttating l¢ase retttajs. fixd serviced offKe costs
itLdcpeDdent exarnin¢rt fees
6.377
1.794
6,016
1,740

Pa8e 19
INSTITtrrE OF AMATEUR CINEMATOGRAPHERS LIMITED
A COMPANY LII¥IITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
HE
li
NCIBIX FTXED ASSE
Offiee
Llbra
hl
Firti
TA
COST
As ai 1st May 2024
Additions
DEsposals
A5 at Joth April 2025
2.612
3(Kl
io
2.922
300
10
2,922
DEPRECIATION
As ai 15r May 2024
Ch8rge foT year
Disposals
As ot 30th Apnl 2025
2,612
3(Kl
2.912
2.612
300
2.912
NET BOOK VALUE
As at 30th April 2025
10
10
A5 ai 30th Apnl 2024
10
TMENT
Invest￿￿nts Coryist of equities I￿trd on a TtCO8ntsed 5wck e¥¢hangc. InV￿tr￿1ts are showrt at market
value.
024
UK eqtsities
15.505
31.105
13 DEBTORS
202
Accrued intcrcst teccivable
3.899
.796
4.143
2.023

Page 20
INSTITtrrE OF AMATEUR CINEMATOGRAPHERS LIMITE
A COMPANY LIMITED BY GUARAI%TEE
NOTES TO THE FINJ thCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
HE
14 CASH AT BANK AND IN HAhT)
2025
2024
Current accouni
Current accourt( (eotYV¢lition)
Instant access accounts (iniertst-bcarin&)
Fixed.temi deposit actount
Hargrcaves LAE)sdown
Redwood account
Wise accounts
Paypal accounl
Bank of s¢oda￿l aC¢(ll￿t
18.088
568
12229
77.823
36.157
l i,O(M)
45
5,878
568
52,905
76.026
18.461
11,000
2.012
161 788
169083
IS CREDrroRS
202S
2024
Deferred incorne- sub5cripiions in advw*e
Copyrighi liter￿eS
coM￿litiOn prize bequest
PAYE and NIC
Othcrcrcdi¢OTS and accrua15
11.919
1.617
100
202
1.794
15.299
2(M)
256
1.740
15.632
18.606

Pag¢ 21
INSTITifTE OF AMA TEUR CI.NEMATOGRAPHERS LIMITED
A COMPLNY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMEIYTS
FOR THE YEAR EINDED 30 APRJL 2025
16 STA
Fu
B*l*nte
Ima
nsfers
Betweett
Balantt
30A rll
20
Ane•
Uarestritted Fuads
168.869
57.922
(75.723)
151,068
Des?8nated Fund..
UNICA ITh the UK
Lksignthd Fund..
EARtAC Fund
Design41ed Fur￿.. NW
Region Fund
4223
4.223
5 J23
5.523
183615
57 922
165 814
UMr*sfpid¢d F#*ds. GÉ*éMI
The ￿ndS CaD ￿ used in •ny way by the tn]st¢es in x¢ordance with the objective5 0(the chaTÈty.
DesigKaied F¥Kd.. UNICA irt the UK
A £S.(J)O fund ha5 IKen sei ￿ld¢ for fuDJte activities which involve UNICA ith the UK.
Desigm￿C￿ Ftsnd.. EARIAC Fund
Thi5 fvnd repT¢sens the closin8 fijnds of the EA]UAC regKJn whi¢h wert r¢¢eival on IY1212014. These
fund5 3re to bc repasd to EARJAC shtyjld this reBm ever refonn aNI consty4uentty att shown in a
separa*ly desi￿a￿d fvr¥J.
Desig#4tedF##d.. NWRe8iuR F¥nd
This represents the closing of thE NW Rcwi.
17 INDEPENDEP
The ithle￿I exatDtDatton work ¢ODduc*d tlltsikd a ftt of£l.794.
18 TAXATJOJ¥
A5 a chan"ty. Thc InstiNte of Am*teuT CioeDMtOgTapbers is ¢x¢mpt from on iDcome and fal]ing_
within Se¢tion S￿5 of thè Au 1988 OT seciion 256 of the Taxarion of Chargcable Gains Act 1992 10
the extent that are applled ￿ its cbantable Objec￿ No tsx chat8es bavt arisen in Ihe charity.

Pag¢ 22
INSTITUTE OF AMATEUR CLYEMATOGRAPHERS LIMITE
A COMPANY LIMITED B Y GUARANTEE
NOTES TO THE FINANCIAL STATEIMENTS
FOR THE YEAR ENDED 311 APRTL 2025
19 RELATED PARTY TRAN
ACTION
No tr4Twtions with related Part￿ were undettsken ￿ a5 are required to be di5clostd urtder FRS I￿.
MI ULTIMATE CONfROLLINC PAR
In the opinion of th¢ trus1￿5. is tk) uliinxtc tontrollin8 party of the clwity other than thc Board
itself.