| Pages | |
|---|---|
| Trustee's Annual Report | 1to6 |
| lndependentExaminer'sReport | 7 |
| StatementofFinancialActivities | 8 |
| Balance Sheet | 7 |
| Notesto theAccounts | 10to19 |
| Detailed StatementofFinancialActivities | 2Oto22 |
| Statement ofFinancialActiviti for theyear ended31March |
es 2025 |
||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Totalfunds | Totalfunds | ||
| 2025 | 2025 | 202s | 2024 | ||
| Notes | f | € | f | € | |
| lncomeandendowments | |||||
| from: | |||||
| Donations andlegacies | 3 | L2L,!L7 | tzL,Ll7 | 90,252 | |
| Charitable activities | 4 | 2L7,765 | 217,765 | 24L,442 | |
| Other trading activities | 5 | L07,995 | !o1,995 | 78,599 | |
| lnvestments | 6 | 6,269 | 6,269 | 2,298 | |
| Other | 7 | 35,150 | 35,150 | 4,239 | |
| Total | 482,296 | 482,296416,408 | |||
| Expenditureon: | |||||
| Raisingfunds | 8 | 52,973 | 52,973 | 33,9L2 | |
| Charitable activities | I | 140,885 | 140,885 | L37,878 | |
| Other | 10 | 273,528 | 273,528 | 703,297 | |
| Total | 467,386 | 467,386875,087 | |||
| Net gainson investments | |||||
| Netincome/(expenditure | 11 | L4,gLA | t4,9t0 | ||
| Transfers between funds | |||||
| Netincome/(expenditurel before othergains/(lossesl |
L4,910 | 14,910(458,6791 | |||
| Othergainsandlosses | |||||
| OtherGains | t5,37t | 15,37r | |||
| Netmovementinfunds | 30,28L | 3O,28L(458,679) | |||
| Reconciliation offunds: | |||||
| Total funds broughtforward | L28,407 | 2,40? | 130,804577,856 | ||
| Total funds carriedforward | L58,682 | 2,403 | 151,085LL9,L77 |
| TheCranleigh Arts Centrelimited BalanceSheet at3lMarch2025 |
|||
|---|---|---|---|
| Charity No. 284186 | 2025 | 2024 | |
| € | € | ||
| Fixed assets | |||
| Tangibleassets | 13 | ||
| Currentassets | |||
| Stocks | 74 | 3,979 | 3,908 |
| Debtors | 15 | L7,229 | 10,058 |
| Cashatbank andinhand | 206,O39 | 207,473 | |
| 227,247 | zzL,439 | ||
| Creditors: Amount falling duewithinoneyear | L6 | (65,162) | (90,635) |
| Netcurrentassets | 161,085 | 130,804 | |
| Totalassetslesscurrent liabilities | 151,085 | 130,804 | |
| Netassetsexcludingpensionassetorliability | 161,085 | 130,804 | |
| Totalnetassets | 151,085 | 130,804 | |
| Thefundsof the charity | |||
| Restrictedfunds | L7 | ||
| Restricted income funds | 2,4O3 | 2,4O3 | |
| 2,403 | 2,403 | ||
| Unrestricted funds | L7 | ||
| Generalfunds | L53,730 | L23,449 | |
| Designatedfunds | 4,952 | 4,952 | |
| 758,682 | L28,40! | ||
| Reserves | L7 | ||
| Totalfunds | 161,085 | l_30,804 |
| Fundaccounting | |
|---|---|
| Unrestricted funds | These areavailableforuse atthediscretionofthetrusteesinfurtheranceofthe |
| general objects ofthecharity. | |
| Designatedfunds | These areunrestricted funds earmarkedbythe trusteesforparticularpurposes. |
| Revaluationfunds | These areunrestricted funds which includearevaluation reserve representingthe |
| restaternentofinvestmentassetsattheirmarketyalues. | |
| Restrictedfunds | These areavailableforusesubjecttorestrictions imposedbythedonor orthrough |
| terms ofan appeal. | |
| lncome | |
| Recognitionof | lncomeisincludedintheStatementofFinancialActivities(SoFA)whenthe charity |
| income | becomesentitled to,andvirtuallycertaintoreceive,theincomeandtheamountof |
| theincomecan bemeasuredwith sufficient reliability. | |
| lncomewithrelated | Where incomehasrelated expendituretheincome and relatedexpenditureis |
| expenditure | reportedgross intheSoFA. |
| Donationsand | Voluntary income receivedbyway of grants, donationsandgiftsisincludedinthe |
| legacies | theSoFAwhenreceivableandonly whentheCharityhasunconditionalentitlement |
| to theincome. | |
| Tax reclaimson | lncomefrom taxreclaimsisincludedintheSoFAatthesametimeasthe |
| donationsandgifts | gift/donationtowhichitrelates. |
| Donatedservices | These areonly included in income(withanequivalent amount in expenditure) |
| andfacilities | wherethebenefitto theCharityisreasonablyquantifiable,measurableand |
| material. | |
| Volunteerhelp | Thevalue ofanyvolunteerhelp receivedisnotincludedintheaccounts. |
| lnvestment income | Thisisincludedintheaccountswhenreceivable. |
| Gains/(losses) on | This includes any gainorlossresultingfromrevaluing investmentstomarket value |
| revaluation of fixed | attheendoftheyear. |
| assets | |
| Gains/(losses) on | This includes anygainorlossonthesaleof investments. |
| investmentassets |
| sto theAccounts | |
|---|---|
| Expenditure | |
| Recognitionof | Expenditureisrecognisedonan accruals basis.Expenditureincludes anyVATwhich |
| expenditure | cannotbefullyrecovered, andisreportedaspart oftheexpendituretowhichit |
| relates. | |
| Expenditure on | Thesecomprisethecosts associatedwith attracting voluntaryincome, fundraising |
| raisingfunds | tradingcostsand investment managementcosts. |
| Expenditureon | ThesecomprisethecostsincurredbytheCharityinthedelivery ofitsactivitiesand |
| charitable activities | services inthe furtherance ofitsobjectqincludingthemaking ofgrantsand |
| governancecosts. | |
| Grantspayable | All grantexpenditureisaccountedforon anactual paidbasis plus an accrualfor |
| grantsthathave beenapprovedbythetrusteesattheendoftheyearbutnotyet | |
| paid. | |
| Governance costs | Theseinclude thosecosts associatedwithmeetingthe constitutionalandstatutory |
| requirementsoftheCharity, includinganyaudit/independentexaminationfees, | |
| costs linkedto thestrategic managementoftheCharity,togetherwithashareof | |
| other administrationcosts. | |
| Other expenditure | These aresupportcostsnot allocatedtoaparticular activity. |
| expenditure atanestimate of the valueto thech 2StatementofFinancialActivities-prioryear |
arity. | ||
|---|---|---|---|
| Unrestricted | Restricted | ||
| funds | fundsTotalfunds | ||
| 2024 | 202/. | 2a24 |
|
| t | €f | ||
| lncome andendowmentsfrom: | |||
| Donations andlegacies | 90,?52 | 90,252 | |
| Charitable activities | 24t,042 | 241,442 | |
| Othertradingactivities | 78,589 | 78,588 | |
| lnvestments | 2,299 | 2,299 | |
| Other | 4,238 | 4,239 | |
| Total | 416,408 | 476,408 | |
| Expenditureon: | |||
| Raisingfunds | 33,972 | 33,912 | |
| Charitable activities | 1.37,878 | 137,878 | |
| Other | 528,555 | L74,742 | 703,297 |
| Total | 700,345 | t74,742 | 875,087 |
| Net income | (283,9371 | (174,7421 | (458,6791 |
| Net incomebeforeother gains/{losses} |
(283,9371 | (L74,7421 | (4s&679) |
| Othergainsandlosses.' | |||
| OtherGains | 195,556 | 4,832 | 200,388 |
| Netmovementinfunds | (88,38L) | (169,9LL) | 1258,2921 |
| Reconciliation offunds: | |||
| Total funds broughtforward | 2L6,78L | 172,314 | 389,095 |
| Total funds carriedfonrard | L28,404 | 2,404 | 130,804 |
| 3lncomefromdonationsandlegacies | |||
| Unrestricted | Total | Total | |
| 2025 | 2024 | ||
| € | C | f | |
| Donations | 47,LLz | 47,LLz | 30,527 |
| Subscriptions | LL,621 | L!,621 | LL,257 |
| Grants | 62,384 | 62,3U | 48,468 |
| 121,L17 | 12l,Ll7 | 90,?52 |
| 4 | lncomefromcharitable activities | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2025 | 2024 | |||
| E | f | f | ||
| Visualand Performing Arts | t66,gg0 | 160890 | L93,420 | |
| Room Hire | 49,2t4 | 49,2L4 | M,659 | |
| Brochure | 1,340 | t,340 | 2,642 | |
| Other | 321 | 32L | 322 | |
| 217,765 | 217,765 | 241,042 | ||
| 5 | lncomefromother trading activities | |||
| Unrestricted | Tota! | Total | ||
| 2425 | 2424 | |||
| E | e | f | ||
| BarandCaf6 | 7L,!75 | 7L,175 | 66,999 | |
| Courses andWorkshops | t2,5gg | 12,598 | 9,307 | |
| FundRaising | 78,222 | 18,222 | 2,293 | |
| 101,995 | 101,995 | 7g,5gg | ||
| 6 | lncomefrominvestments | |||
| Unrestricted | Total | Total | ||
| 2025 | 2024 | |||
| e | f. | e. | ||
| Banklnterest | 6,269 | 6,269 | 2,299 | |
| 6,269 k |
6,269 | 2,299 | ||
| 7 | Other income | |||
| Unrestricted | Total | Total | ||
| 2025 | 2024 | |||
| f | f | f | ||
| Exhibitions | 9,857 | 9,957 | 3,519 | |
| Sponsership | 500 | 500 | 330 | |
| VAT | 24,793 | 24,793 | 389 | |
| 35,150 | 35,L50 | 4,239 |
| 8 | Expenditureonraisingfunds | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 202s | 2024 | |||
| f | f | f | ||
| Cos* ofgeneratingvoluntary | ||||
| income | ||||
| Subscriptions | 23 | |||
| Fundraisingtradingcosts | ||||
| Bar andCaf6 | 29,785 | 29,785 | 24,312 | |
| Courses andWorkshops | 10,008 | 10,008 | 8,010 | |
| Bad Debts | 2,649 | 2,649 | ||
| FundRaising | 10,531 | 10,53L | L,567 | |
| 52,973 | 52,973 | 33,912 | ||
| 9 | Expenditure oncharitable activities | |||
| Unrestricted | Total | Total | ||
| 2425 | 2024 | |||
| f | f | g. | ||
| Expenditureoncharitable | ||||
| octivities | ||||
| Visualand Performing Arts | Lt8,4L4 | tlg,4L4 | L15,481 | |
| Room Hire | 165 | 165 | 574 | |
| Brochure | 18,806 | 1&806 | 20,823 | |
| Governoncecosts | ||||
| Accountancy fees | s00 | 500 | s00 | |
| Professional fees | 3,000 | 3,000 | s00 | |
| 140,885 | 140,885 | L37,878 |
| 10 | Other expenditure | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2025 | 2024 | |||
| f | t | € | ||
| Exhibitions | 660 | 660 | 115 | |
| VolunteerExpenses | 428 | 428 | L,237 | |
| Donations made | 678 | 678 | ||
| CreditCard ProcessingFees | L2,7L8 | L2,718 | L3,238 | |
| Employee costs | 114,685 | 11468s | t02,944 | |
| Motorandtravelcosts | 2L! | |||
| Premises costs | 75,788 | 75,788 | 66,204 | |
| Amortisation,depreciation, | ||||
| impairment, profit/losson | 3L,367 | 3L,367 | 265,457 | |
| disposaloffixedassets | ||||
| General administrativecosts | 35,155 | 35,155 | 245,654 | |
| Legalandprofessionalcosts | 2,049 | 2,049 | 8,244 | |
| 273,528 | 273,528 | 703,297 | ||
| 11 | Net income/(expenditure) before transfers | |||
| 2025 | 2024 | |||
| Thisisstatedaftercharging: | f | f | ||
| Depreciation of owned fixedassets | 31,367 | 265,457 | ||
| 12 | Staffcosts | |||
| 2425 | 2024 | |||
| Salaries and wages | 84,702 | 77,789 | ||
| Socialsecuritycosts | 1,983 | 969 | ||
| Pension costs | 3,848 | L,494 | ||
| 90,533 | 80,251 | |||
| Noemployee received emolumentsinexcessoff60,000. | ||||
| The averagemonthlynumber offull timeequivalent employees duringtheyearwasasfollows | ||||
| 2025 | 2024 | |||
| 5 | 5 |
| 13 | Tangiblefixedassets | ||||
|---|---|---|---|---|---|
| landand | Fixtures and | ||||
| buildings | Fittings | Total | |||
| € | f | f | € | ||
| Costor revaluation | |||||
| AtlApril2024 | 1,400,139 | 4,49O | 66,307 | !,470,936 | |
| Additions | 3L,367 | 32,061 | 63,428 | ||
| At31March2025 | 1,431,506 | 4,490 | 98,368 | 1,534,364 | |
| Depreciationand | |||||
| impairment | |||||
| AtlApril2024 | L,400,L39 | 4,490 | 66,307 | L,470,936 | |
| Depreciationchargefor the year |
3L,367 | 32,O6L | 63,428 | ||
| At31March2025 | 111U99_ | 4,490 | 98,358 | L,534,364 | |
| Net book values | |||||
| At31March2025 | |||||
| At31March2024 | |||||
| 14 | Stocks | ||||
| 202s | 2024 | ||||
| f | E | ||||
| Finishedgoods | 3,979 | 3,908 | |||
| 3,979 | 3,908 | ||||
| Carrying value analysed byactivities | 2025 | 2024 | |||
| f | € | ||||
| Bar andCatE | 3,979 | 3,908 | |||
| 3,979 | 3,909 | ||||
| 15 | Debtors | ||||
| 2025 | 2024 | ||||
| € | f | ||||
| Tradedebtors | 2,122 | 4,450 | |||
| Other debtors | 2,Lll | 5,608 | |||
| Prepaymentsandaccrued income | L2,996 | ||||
| t7,229 | 10,058 | ||||
| 16 | Creditors: | ||||
| amounts falling duewithinoneyear | |||||
| 2025 | 2024 | ||||
| E | f | ||||
| Tradecreditors | 5,693 | 36s2s | |||
| Other taxesand socialsecurity | 3,639 | 5,539 | |||
| Othercreditors | 38,679 | 37,168 | |||
| Accruals | L7,L62 | 10,303 | |||
| Deferred income | (1) | ||||
| 66,L62 | 90,635 |
| CranleighArtsCentreLimited esto theAccounts Movementinfunds |
|||||
|---|---|---|---|---|---|
| lncoming | |||||
| resources | |||||
| AtlApril | (including other gains/losses |
Resources expended |
At31 March 2025 |
||
| 2024 | l | ||||
| f | f | € | |||
| Restrictedfunds: | |||||
| Resrictedincomefunds: | |||||
| TicketFund | 2,403 | 2,403 | |||
| Totol | 2,403 | 2,403 | |||
| Unrestrictedfunds: | |||||
| Generalfunds | L23,449 | 497,667 | (i467,386l, | 153,730 | |
| Designated funds: | |||||
| NLCF | 4,850 | 4,850 | |||
| Young PersonDevelopment | |||||
| Fund | toz | LOz | |||
| Totol | 4,952 | 4,952 | |||
| Totalfunds | 130,804 | 497,667 | (457,386) | 161,085 |
| Total | |
|---|---|
| Funds | |
| f | € |
| 151,085 | 151,085 |
| 151,085 | 161,085 |
| 1.9 | Reconciliationof net debt | |||
|---|---|---|---|---|
| At31 | ||||
| AtlApril | March | |||
| 2024 | Cashflows | 2025 | ||
| € | € | f | ||
| Cashandcashequivalents | 207,473 | (L,4341 | 206,039 | |
| 207,473 | 1L,434) | 206,039 | ||
| Netdebt | 207,473 | (7,4341 | 206,039 | |
| 20 | Commitments | |||
| Operotingleosecommitments | ||||
| Annualcommitmentsunder non-cancellableoperatingleasesare,asfollows: | ||||
| 202s | 2023 | 2024 | 2024 | |
| Lendand buitdings i.E |
other |
Land and buildings f |
Other f |
|
| Operatingleaseswithexpiry dat6: | ||||
| Pensioncommitments | ||||
| 2025 | 2024 | |||
| f | c | |||
| Thepensioncost chargeto the charity | ||||
| amountedto: | 3,84L | L,489 |
| TheCranleighArtsCentreLimited DetailedStatement ofFinancialActivities for theyear ended31March2025 |
I | ||||
|---|---|---|---|---|---|
| Unrestricte | |||||
| dfunds | Totalfunds | Totalfunds | |||
| 202s | 2025 | 2025 | 2024 | ||
| t | €. | f | f | ||
| lncome andendowmentsfrom: | |||||
| Donations andlegacies | |||||
| Donations | 47,L12 | 47,L12 | 30,527 | ||
| Subscriptions | L],,62L | L]-,621 | 17,257 | ||
| Grants | 62,384 | 62,384 | 48,468 | ||
| IzL,LL7 | L27,LL7 | 90,252 | |||
| Charitableactivities | |||||
| Visualand Performing Arts | 155,890 | 166,890 | L93,420 | ||
| Room Hire | 49,274 | 49,214 | 44,658 | ||
| Brochure | L,340 | 1,340 | 2,642 | ||
| Other | ?2t | 32L | 322 | ||
| 217,765 | 2L7,765 | 241,042 | |||
| Other trading activities | |||||
| Bar andCaf6 | 7L,L75 | 71,175 | 66,998 | ||
| Courses andWorkshops | L2,598 | t2,598 | 9,307 | ||
| FundRaising | L8,222 | t8,222 | 2,283 | ||
| L01,995 | 1-01,995 | 78,588 | |||
| lnvestments | |||||
| Banklnterest | 6,269 | 6,269 | 2,288 | ||
| 6,269 | 6,269 | 2,288 | |||
| Other | |||||
| Exhibitions | 9,857 | 9,857 | 3,519 | ||
| Sponsership | 500 | s00 | 330 | ||
| VAT | 24,793 | 24,793 | 389 | ||
| 35,150 | 35,150 | 4,238 | |||
| Totalincome andendowments | 482,295 | 482,296 | 4L6,408 | ||
| Expenditureon: | |||||
| Costsofgeneratingdonationsand | |||||
| legacies | |||||
| Subscriptions | 23 | ||||
| 23 | |||||
| Costsofother tradingactivities | |||||
| Bar andCaf6 | 29,785 | 29,785 | 24,3t2 | ||
| Courses andWorkshops | 10,008 | 10,008 | 8,010 | ||
| BadDebts | 2,649 | 2,649 | |||
| FundRaising | 10,531 | 10,531 | 1,567 | ||
| 52,973 | 52,973 | 33,889 | |||
| Totalof expenditure onraising funds |
52,973 | 52,973 | 33,9L2 |
| Charitable activities | |||
|---|---|---|---|
| Visualand Performing Arts | LL8,4L4 | L1,8,4t4 | 1L5,481 |
| Room Hire | 165 | 165 | 574 |
| Brochure | 18,806 | 1&806 | 20,823 |
| 137,385 | 137,385 | L36,878 | |
| Governance costs | |||
| Accountancy fees | s00 | 500 | s00 |
| Professionalfees | 3,000 | 3,000 | s00 |
| 3,500 | 3,500 | 1,000 | |
| Total ofexpenditureoncharitable activities |
140,885 | 140,885 | t37,878 |
| Otherexpenditure | |||
| Exhibitions | 660 | 560 | 1L6 |
| VolunteerExpenses | 428 | 42.8 | L,237 |
| Donationsmade | 678 | 678 | |
| Card ProcessingFee | L2,718 | L2,7L8 | 13,238 |
| 74,484 | t4,4U | t4,59L | |
| Employee costs | |||
| Salaries/wages | 84,702 | 84,702 | 77,788 |
| Employer'sNIC | 1,983 | 1,983 | 959 |
| Pension costs | 3,84L | 3,84L | L,489 |
| Stafftraining | 451 | 45t | |
| Staffwelfare | 522 | 522 | 87 |
| Temporarystaff | 23,186 | ?3,186 | 22,6t1 |
| 114,685 | 114,685 | tO2,944 | |
| Travel and subsistence | 27L | ||
| zLL | |||
| Premises costs | |||
| Rent | 4,354 | 4,354 | 4,O15 |
| Rates | 4,409 | 4,409 | 2,243 |
| Light,heat andpower | 28,027 | 28,O27 | 22,967 |
| Premisescleaning | 2,591 | 2,59L | 9L4 |
| Premisesrepairsand maintenance |
34,948 | 34,948 | 33,855 |
| Otherpremisescosts | 1,459 | 1,459 | 2,246 |
| 75,788 | 75,788 | 56,200 | |
| Generaladministrativecosts, | |||
| including depreciationand | |||
| amortisation | |||
| Depreciationoflandand buildings |
3L,367 | 3L,367 | 233,396 |
| DepreciationofFixtures and | |||
| Fittings | |||
| Depreciationof | 32,06L | ||
| Baddebts | 2L7,586 | ||
| Bank charges | 90s | 90s | 892 |
| tI TheCranleighArtsCentre Limited DetailedStatement ofFinancialActivities |
||||
|---|---|---|---|---|
| Generalinsurances | 5,077 | 5,077 | &333 | |
| Postage andcouriers | t6 | |||
| Software,lTsupport and related costs |
17,985 | 17,985 | L2,390 | |
| Stationery andprinting | 9,135 | 9,135 | 3,232 | |
| Sundry expenses | 1,019 | 1,019 | L,465 | |
| Telephone, fax and broadband | L,O34 | L,O34 | 1,736 | |
| 66,522 | 56,522 | 5L1,107 | ||
| Legalandprofessionalcosts | ||||
| Accountancy and bookkeeping | 894 | 894 | 618 | |
| Consultancyfees | 926 | 926 | ||
| Otherlegalandprofessional | 229 | 229 | 7,626 | |
| costs | ||||
| 2,049 | 2,049 | 8,244 | ||
| Tota!of expenditure of othercosts | 273,528 | 273,528 | 703,297 | |
| Total expenditure | 467,386 | 467,386 | 875,087 | |
| Net gainson investments | ||||
| Netincome/(expenditure! | 14,910 | L4,9LO | (458,679) | |
| Netincome/(expenditurel before othergains/(losses |
14,910 | 14,910 | ||
| PRIOR YEARADJUSTMENTS | L5,37L | t5,377 | ||
| Netmovementinfunds | 30,28L | 3O,28L | (458,679) | |
| Reconciliationof funds: | ||||
| Total funds broughtforward | L28,401- | 2,403 | 130,804 | 577,856 |
| Total funds carriedforward | 158,682 | 2,403 | 151,085 | Lt9,L77 |