Charity Number 279361
CHELMSFORD THEATRE WORKSHOP
UNAUDITED
TRUSTEES REPORT AND FINANCIAL STATEMENT
FOR THE YEAR ENDED 31[st] MARCH 2025
CHELMSFORD THEATRE WORKSHOP
31[st] MARCH 2025 CONTENTS Page Trustees’ report 1-2 Independent examiner’s report 3-5 Statement of financial activities 6 Balance sheet 7 Notes to the financial statements 8-10
CHELMSFORD THEATRE WORKSHOP
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31[st] MARCH 2025
Chelmsford Theatre Workshop is a registered charity governed by a constitution approved by the Charities Commission; Registration Number 279361.
Objectives and activities
The principal objective of the charity is to advance the education of the public in relation to all aspects of the art of drama and the development of public appreciation of such art. A number of amateur productions and other activities were held at The Old Court Theatre during the year.
Achievement and performance
The main way the principal objective was to be met was by the production and presentation of a variety of dramatic works. During the financial year (2024-25), the group undertook a total of six productions. Furthermore, there were also three successful members evenings held during the year. Throughout the year, there were a number of small amounts expended on maintenance and repairs but it is not necessary to detail them here.
Financial review
The charity is in a fairly strong financial position holding unrestricted funds of £158,705 at the year end. The trustees consider that a maximum of six months running costs should be held, together with adequate funds to maintain the theatre and future productions.
They have under consideration the future development of the organisation and propose to continue with refurbishing parts of the property as soon as funds become available.
Structure, governance and management
Chelmsford Theatre Workshop is governed by its constitution dated 15 May 2010. The overall management of the charity is the responsibility of the Trustees who are elected or co-opted under the terms of the constitution.
Reference and administrative details
The principal address is The Old Court Theatre, 233 Springfield Road, Chelmsford, Essex CM2 6JT.
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CHELMSFORD THEATRE WORKSHOP
TRUSTEES’ REPORT (continued)
FOR THE YEAR ENDED 31[st] MARCH 2025
Trustees
Mr. V R Bence Treasurer
Mr. B Lambert Theatre Manager Mr. M Preston Secretary Ms. R Skingley Artistic Director Ms. B. Diggins Social Media Ms. L Gladwin Publicity Manager Mr. P Wright Technical Director Mr. J Crozier Membership Secretary Mr. M Sutton Member without portfolio
This report was approved by the Trustees on 31 August 2025 and signed on their behalf by V R Bence (Theatre Treasurer)
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STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31st MARCH 2025
| 31.3.25 | 31.3.24 | |
|---|---|---|
| £ | £ | |
| Incoming resources (all unrestricted funds) | ||
| Donatons and grants | 0 | 168 |
| Membership subscriptons | 1,036 | 1,967 |
| Tax Gif aid | 0 | 0 |
| Productons | 21,102 | 33,378 |
| Catering | 9,420 | 10,706 |
| Miscellaneous | 5,770 | 2,326 |
| Bank interest | 497 | 130 |
| --------- | --------- | |
| Total incoming resources | 37,825 |
48,675 |
| Resources expended (all unrestricted funds) | ||
| Donatons | 105 | 147 |
| Newsleter | 0 | 0 |
| Productons | 9,024 | 11,589 |
| Catering | 3,736 | 5,884 |
| Old Court Theatre – running expenses4 | 13,198 | 25,146 |
| Administraton | 1,277 | 1,974 |
| ---------- | ---------- | |
| Total resources expended | 27,340 |
44,740 |
| Net (outgoing) incoming resources | 10,485 | 3,935 |
| The notes on pages to form part of these fnancial statements. | ||
| Page |
CHELMSFORD THEATRE WORKSHOP
BALANCE SHEET 31st MARCH 2025
| 31.3.25 | 31.3.25 | 31.3.24 | 31.3.24 | ||
|---|---|---|---|---|---|
| Notes £ | £ | £ | £ | ||
| FIXED ASSETS | |||||
| Tangible assets | 6 | 73,919 | 75,342 | ||
| CURRENT ASSETS | |||||
| Stock | 1,087 | 1,199 | |||
| Prepayments | 1,967 | 1,894 | |||
| Cash in bank and in hand | 83,104 |
73,279 | |||
| 86,158 | 76,372 | ||||
| CREDITORS : amounts falling due | |||||
| Within one year | 7 | 1,372 |
2,968 |
||
| NET CURRENT ASSETS | 84,786 | 73,404 | |||
| ---------- | ---------- | ||||
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 158,705 |
148,748 | |||
| TOTAL FUNDS – unrestricted | 158,705 |
148,748 | |||
| The fnancial statements were approved by the Trustees on 31 | August 2025 | ||||
| and signed on their behalf by V R Bence (Theatre Treasurer) |
The notes on pages 7 to 9 form part of these financial statements.
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CHELMSFORD THEATRE WORKSHOP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st MARCH 2025
1. Basis of accounting
These accounts have been prepared on the basis of historical cost convention with items recognised at cost unless otherwise stated.
The accounts have been prepared in accordance with :
The Statement of Recommended Practice : Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 -- Charities SORP(FRS102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.
2. Accounting policies
Change of accounting policy - arose from the introduction of FRS 102 and no material changes arise in respect of the previous financial year.
Incoming resources
-
Recognition of incoming resources – These are included in the Statement
-
of Financial Activities (SoFA) when the charity becomes entitled to the resources; the trustees are virtually certain they will receive the resources; and the monetary value can be measured with sufficient reliability.
-
Incoming resources with related expenditure – Where incoming resources have related expenditure, the incoming resources and related expenditure
-
are reported gross in the SoFA.
-
Grants and donations – Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
-
Tax claims on donations and gifts – Incoming resources from tax claims
-
are included in the SoFA when received.
-
Volunteer help – The value of any volunteer help received is not included in the accounts but is described in the trustees’ annual report.
-
Investment income – This is included in the SoFA when received.
Expenditure and liabilities
-
Liability recognition – Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
-
Governance costs – Included in administration relates to the cost of
-
trustee meetings and the cost of any advice to the trustees on governance or constitutional matters.
Assets
- Tangible fixed assets for use by the charity – These are capitalised if they
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can be used for more than one year, and cost at least £250. Depreciation on equipment is calculated on a straight line over a period of either three or five years depending on the expected life of the asset. Buildings are not depreciated as they are maintained at a level that the trustees consider the current market value exceeds original cost.
Stock – This is valued at the lower of cost or market value.
3. Taxation
The charity is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only.
4. Old Court Theatre - running costs
| 31.3.25 | 31.3.24 |
|---|---|
| £ | £ |
| Repairs and maintenance 1,628 | 3,861 |
| Equipment 959 | 1,091 |
| Rates 1,217 | 1,155 |
| Utlites 958 | 9,503 |
| Refuse Disposal 2,365 | 1,981 |
| Insurance 1,784 | 1,705 |
| Theatre Licence 180 | 201 |
| PRS 127 | 129 |
| Subscriptons 0 | 224 |
| Cleaning Services 1,763 | 1,485 |
| Miscellaneous 1,321 | 2.387 |
| Depreciaton896 |
1,425 |
| 13,198 | 25,147 |
-
Trustee expenses and fees for examination of the accounts -- there were none for the current or previous year.
-
Tangible fixed assets
| Freehold land Equipment and buildings £ £ Cost At 1stApril 2024 71,106 46,434 Additons 0 0 Writen Of _0_ ___0_ At 31stMarch 202571,106 46,434 |
Total £ 117,540 0 ____0_ 117,540 |
|---|---|
| Depreciaton At 1stApril 2024 Charge for year At 31stMarch 2025 Net book value As at 31stMarch 2025 As at 31stMarch 2024 |
0 0 0 71,106 71,106 |
41,571 896 42,467 4,237 1,958 |
41,571 896 42,467 75,343 73,064 |
|---|---|---|---|
All tangible fixed assets are used to fulfil the charity’s objectives. Land and buildings have a higher market value than cost. They have not been professionally valued but have been insured for £729,230.
6. Creditors and accruals 31.3.25 31.3.24 £ £ Accruals and deferred income 1,372 2,967
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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of On acGounts for the year ended Charity no (rf any) LG. 1713L I Set out on pages I report to the trustees on my examination of Ihe accounts of the above charity Iyhe Trust") for the year ended Responsibilitles and As the charity trustees of the Trust, you are responsibl8 for the preparati(N] basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Chartty Commission under section 145(5llb) of the Act. I have completed my examination. I conflrm that no matsri81 matters have come to my attention lolher than that disclosed below ") in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance wtth section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statsment I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ' Please delete the words in the brack8ts if they do not apply. Signed: Date: Name: Relevant professional qualification(s) or body (ff any): FMKt4T Address: IER October 2018
Section B Disclosure Only complele rf the examiner needs to highlight Tnatters of concem (see CC32. Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wlshes to dlsclose. IER October 2018