## WESSEX MUSICAL THEATRE
“STRATHMORE”
53 BOWLEAZE COVEWAY
PRESTON WEYMOUTH DORSET DT3 6PL
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
## WESSEX MUSICAL THEATRE
## CONTENTS
I REFERENCE AND ADMINISTRATIVE DETAILS II TRUSTEES’ REPORT III ACCOUNTANTS’ REPORT IV STATEMENT OF FINANCIAL ACTIVITIES V BALANCE SHEET VI NOTES TO THE FINANCIAL STATEMENTS VII NOTES TO THE FINANCIAL STATEMENTS – Continued VIII NOTES TO THE FINANCIAL STATEMENTS – Continued IX NOTES TO THE FINANCIAL STATEMENTS – Continued X NOTES TO THE FINANCIAL STATEMENTS – Continued
WESSEX MUSICAL THEATRE REFERENCE AND ADMINISTRATIVE DETAILS
PAGE I
## **President**
Mrs Hilary Langmead
## **Trustees**
Mrs Stella Brading (Chairman) Graham Elliott Emily Lynch (Publicity Manager)
## **Secretary**
Mrs Zoe Bamford
## **Treasurer**
Mrs Christine Mould
## **Committee Members**
Paul Brewster Mrs Sue Greenman David Batten Abigail Brewster Graham Elliott
## **Press and Publicity Manager**
Tom Howden (Production Manager) Emily Lynch (Publicity Manager)
## **Bankers**
Lloyds Bank plc 92 St Mary Street WEYMOUTH Dorset DT4 8PA
## **Accountants**
Casterbridge Hardy LLP “Strathmore” 53 Bowleaze Coveway Preston WEYMOUTH Dorset DT3 6PL Website: www.casterbridgehardy.co.uk Email: info@casterbridgehardy.co.uk
## REGISTERED CHARITY: 262890
WESSEX MUSICAL THEATRE
PAGE II
## TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2025
The officers of the committee shall be elected for a three year period and are eligible for re-election. The Management Committee Members (other than officers) shall serve for a maximum period of three years. One lady and one gentleman of the Management Committee shall retire annually and shall not be eligible for reelection for one year.
The charity was established by Trust Deed dated 18 August 1971, and is registered with the Charity Commission Number 262890. Its registered address is “Strathmore” 53 Bowleaze Coveway, Preston, Weymouth, Dorset DT3 6PL.
## **Objects and activities**
To educate the public in the Dramatic and Operatic Arts: to further the development of public appreciation and taste in the said Arts: to donate funds when considered possible or practical for charitable purposes.
- (a) To promote plays, drama, comedies, operas, operettas and other dramatic and operatic works of educative value.
- (b) Acquire and obtain interests in the copyright of, or the right to perform or show, any such dramatic or operatic work.
- (c) To purchase or otherwise acquire plant, machinery, furniture, fixtures, fittings, scenery and all other necessary effects.
- (d) To raise funds and invite and receive contributions from any person or persons whatsoever by way of subscription, donation and otherwise: provided that the Society shall not undertake any permanent trading activities in raising funds.
- (e) To do all such things as shall further the objects of the Society.
## **2025 Review of the year**
The society has had an extremely good year and profits made on all of our three main shows in 2025 have contributed to the fundraising for the society. Following on from the staging of ‘Sister Act’ in 2024 we moved back to Weymouth Pavilion, a much larger venue for the production of ‘Oliver’ which is always a crowd pleaser and would hopefully attract a wider audience. It was hoped that the children’s family members and friends would boost audience levels and we would also attract people who had seen Sister Act at Thomas Hardy Theatre the year before.
As the Society has had losses in the past at this larger venue, the committee decided to revert to having backing tracks rather than pay an orchestra and utilised our own costumes to save on hiring them in. We were also very lucky to have Tom directing the show which saved the society having to pay out on a director’s fee. The show attracted mostly full houses at every performance, by the use of very good targeted advertising on Facebook by our Publicity Team.
I am pleased to report that ‘Oliver’ made a profit of around £12,000.00.
Fundraising over the summer was helped by performing at local events such as our highly successful concert at the Nothe Fort, which added a further £4,000.00 and the Christmas Show made it’s highest ever profit of £7,900.00.
We have seen an influx of male members this year and as at December 2025 we had 79 subscribed members,
Approved by the Trustees on ………………………2025 and signed on their behalf by:
…………………………….STELLA BRADING (CHAIRMAN) TRUSTEE
WESSEX MUSICAL THEATRE
PAGE III
## ACCOUNTANTS REPORT TO THE TRUSTEES ON THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025
In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the Financial Statements of the charity which comprise the Statement of Financial Activities, and the related notes from the accounting records and information and explanations you have given to us.
This report is made to the Charity’s Board of Trustees, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the Financial Statements that we have been engagement to compile, report to the Charity’s Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity’s Board of Trustees, as a body, for our work or for this report.
We have carried out this engagement in accordance with technical guidance issued by the Institutes of Financial Accountants (IFA/IPA), the Association of International Accountants (AIA), the Association of Accounting Technicians (AAT), and Federation of Taxation Advisers (FTA/PIA) we are subject to its ethical and other professional requirements which are detailed at www.ifa.org.uk and www.aiaworldwide.com and www.aat.org.uk
You have acknowledged on the Balance Sheet as at 31 December 2025 your duty to ensure that the charity has kept proper accounting records and to prepare Financial Statements that give a true and fair view under the Charities Act 2011. You consider that the charity is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the Financial Statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the Financial Statements.
Casterbridge Hardy LLP Financial and International Accountants, Taxation Specialists and Business Advisors
“Strathmore” 53 Bowleaze Coveway Preston WEYMOUTH Dorset DT3 6PL
RBW/02 February 2026/W600WCH400/LGD/KTSW
|WESSEX MUSICAL THEATRE
STATEMENT OF FINANCIAL ACTIVITIES FOR|THE YEAR|ENDED 31 DECEMBER 2025|PAGE IV
Total
Total
Funds
Funds
31.12.25 31.12.25|
|---|---|---|---|
|**Income Resources**
Incoming resources from generated funds
- Voluntary income
- Activities for generating funds
- Investment income
Other incoming resources
Total incoming resources
**Resources expended**
Costs of generating funds
- Investment management costs
Charitable activities
Governance costs
Total resources expended
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|Notes
2
3
4
5
6
6
6|Unrestricted
Funds
20817
51213
472
14127
----------------
86629
----------------
-
37570
5863
----------------
43433
----------------
43196
151593
---------- ------
£194789
====== ====||
All incoming resources and resources expended derive from continuing activities.
The charity has no recognised gains or losses for the year other than the results above.
## **The notes on pages VIII to XII form an integral part of these financial statements.**
|WESSEX MUSICAL THEATRE
BALANCE SHEET AS AT 31 DECEMBER 2025|PAGE V
**As at**
**31 December 2024**
Notes
£
£
£
£
9
5221
2770
10
97747
143852
----------
----------
102968
146622
11
100
-
110376
23626
----------
---------
110476
23626
12
1000
1000
--------
---------
109476
22626
----------
---------
£212444
£169248
======
======
115566
26024
97747
143852
(869)
(628)
----------
----------
96878
143224
----------
----------
£212444
£169248
======
======|
|---|---|
|FIXED ASSETS
Tangible Assets
Investments
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
CREDITORS:Amounts falling due
within one year
Net Assets
NET ASSETS
**The funds of the charity**:-
Restricted funds
Unrestricted funds
Other Reserves
Unrestricted Income Funds
Total Unrestricted Funds
TOTAL CHARITY FUNDS||
Approved by the Board on ………………………….. 2026 and signed on its behalf by:-
………………………………TRUSTEE
## WESSEX MUSICAL THEATRE
## INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. ACCOUNTING POLICIES
2. VOLUNTARY INCOME
3. ACTIVITIES FOR GENERATING FUNDS
4. INVESTMENT INCOME
5. OTHER INCOMING RESOURCES
6. TOTAL RESOURCES EXPENDED
7. TRUSTEES’ REMUNERATION AND EXPENSES
8. NET (OUTGOING)/INCOMING RESOURCES
9. TANGIBLE FIXED ASSETS
10. INVESTMENTS HELD AS FIXED ASSETS
11. DEBTORS
12. CREDITORS: Amounts falling due within one year
13. RELATED PARTIES
14. ANALYSIS OF FUNDS
15. NET ASSETS BY FUND
WESSEX MUSICAL THEATRE
PAGE VI
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
## 1. ACCOUNTING POLICIES **Basis of preparation**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice ‘Accounting and Reporting by Charities (SORP2005)’, issued in March 2005, applicable accounting standards and the Charities Act 2011.
## **Fund accounting policy**
Unrestricted income funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Further details of each fund are disclosed in note 14.
## **Incoming resources**
Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Income derived from events is recognised as earned (that is, as the related goods or services are provided).
Investment income is recognised on a receivable basis.
## **Resources expended**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are investment management fees.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional or constitutional matters.
## **Fixed assets**
Individual fixed assets costing £0 or more are initially recorded at cost.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:-
Furniture and equipment
15% per annum Reducing Balance method
WESSEX MUSICAL THEATRE
PAGE VII
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
## **Investments**
Fixed asset investments are included at market value at the balance sheet date.
Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the statement of the financial activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the statement of financial activities based on the market value at the year end.
## 2. VOLUNTARY INCOME
|**Donations and legacies**
Donations
Subscriptions
Other income
3.
ACTIVITIES FOR GENERATING FUNDS
**Shows and performances**
Charitable Activities
4.
INVESTMENT INCOME
Investment income
5.
OTHER INCOMING RESOURCES
Gift Aid Grant with Interest
Unrealised profit/(loss) from revaluation|Unrestricted
Funds
£
51
11002
9764
--------------
£20817
===== ====
Unrestricted
Funds
£
51213
-----------------
£51213
===== ====
Unrestricted
Funds
£
£472
=== ====
Unrestricted
Funds
£
1126
13001
-----------------
£14127
===== ====|RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
-
51
173
-
11002
10003
-
9764
681
------------------------------------------
£ -
£20817 £10857
======== ===============
RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
-
51213
36549
-----------------------------------------
£ -
£51213 £36549
========================
RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
£-
£472
£890
========================
RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
-
1126
1127
-
13001
10948
-----------------------------------------
£-
£14127 £12075
========================|RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
-
51
173
-
11002
10003
-
9764
681
------------------------------------------
£ -
£20817 £10857
======== ===============
RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
-
51213
36549
-----------------------------------------
£ -
£51213 £36549
========================
RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
£-
£472
£890
========================
RestrictedTotal Funds
Total
Funds 31.12.25 31.12.24
£
£
£
-
1126
1127
-
13001
10948
-----------------------------------------
£-
£14127 £12075
========================|
|---|---|---|---|
|||-----
===|Funds 31.12.25|
WESSEX MUSICAL THEATRE
PAGE VIII
## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
## 6. TOTAL RESOURCES EXPENDED
|**Direct costs**
Charitable Expenses
Establishment costs
Donations
Advertising
Accountancy fees
Depreciation of tangible fixed assets
Insurance
Directors Fees
Subscriptions
Postage and Stationary
Maintenance|Investment
Income
£
-
-
-
-
-
-
-
-
--- -
£-
== =|Shows &
Performances|Shows &|Governance Total
£
£
-
33421
-
3000
50
50
2830
2830
1070
1070
921
921
-
1149
47
47
21
21
25
25
899
899
-------------------- -------
£5863 £43433
================|
|---|---|---|---|---|
||||||
|||Etc.
£
33421
3000
-
-
-
-
1149
-
-------------------
£37570
===========|||
## 7. TRUSTEES’ REMUNERATION AND EXPENSES No trustees received any remuneration during the year.
## 8. NET (OUTGOING)/INCOMING RESOURCES Net (outgoing)/incoming resources is stated after charging/(crediting):-
|Depreciation of owned assets
Profit/Loss on disposal of investments
9.
TANGIBLE FIXED ASSETS
**Cost**
As at 01 January 2025
Add:Additions
At 31 December 2025
**Depreciation**
As at 01 January 2025
Charge for the year
As at 31 December 2025
**Net book value**
As at 31 December 2025
As at 31 December 2024|2025
2024
£
£
921
482
13001
10948
=====
=====
Furniture and Equipment|2024|
|---|---|---|
||
£
9715
3372
--------
13087
--------
6945
921
-------
7866
-------
£5221
====
£2770
====||
## WESSEX MUSICAL THEATRE PAGE IX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
|10.
11.
12.
13.
14.|INVESTMENTS HELD AS FIXED ASSETS
**Market value**
As at 01 January 2025
Revaluation
Less:Disposals
As at 31 December 2025
**Net book value**
As at 31 December 2025
As at 31 December 2024
DEBTORS
Prepayments and accrued income
CREDITORS: Amounts falling due within one year
Trade creditors
RELATED PARTIES
**Controlling entity**
The charity is controlled by the trustees.
ANALYSIS OF FUNDS|Listed Investments|
|---|---|---|
|||£
143852
13001
59106
----------
97747
----------
£97747
======
£143852
======
2025
2024
£
£
£-
£ -
==
==
2025
2024
£
£
£1000
£1000
====
=====|
|**General Funds**
Unrestricted income fund
**Restricted Funds**
Investment Drawn Down
|At 01 January
2025
£
159248
10000
-----------------
£169248
==========|Incoming
Resources
£
86629
-
----------------------
£86629
=============|Resources
Expended
£
(43433)
-
--------------- -
£(43433)
=========|At 31
December
2025
£
202444
10000
--------------
£212444
========|
|---|---|---|---|---|
PAGE X
## WESSEX MUSICAL THEATRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
## 15. NET ASSETS BY FUND
|NET ASSETS BY FUND||||||
|---|---|---|---|---|---|
|Tangible assets
Investments
Current assets
Debtors: Amounts falling due within one year
Creditors: Amounts falling due within one year
Net assets|Unrestricted
Funds
£
31
97747
-
100
(1000)
-----------------
£96878
==========|Restricted||Total Funds
Total
2025
2024
£
£
5221
2770
97747
143852
110376
23626
100
-
(1000)
(1000)
------------- ------------
£212444 £169248
= ======= =======|Total|
|||Funds
£
5190
-
110376
-
-
---------------
£115566
========|Funds||2024|