||Pages|
|---|---|
|Trustee's Annual Report|1to6|
|lndependentExaminer'sReport|7|
|StatementofFinancialActivities|8|
|Balance Sheet|7|
|Notesto theAccounts|10to19|
|Detailed StatementofFinancialActivities|2Oto22|





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|Statement ofFinancialActiviti<br>for theyear ended31March|es<br> 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|<br>(458,679)|
|Transfers between funds||||||
|Netincome/(expenditurel<br>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<br>BalanceSheet<br>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|





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|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.|



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## 

|expenditure atanestimate of the valueto thech<br>2StatementofFinancialActivities-prioryear|arity.|||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|fundsTotalfunds||
||2024|202/.|<br>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<br>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<br>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<br>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<br>esto theAccounts<br> Movementinfunds||||||
|---|---|---|---|---|---|
||||lncoming|||
||||resources|||
||AtlApril|(including<br>other<br>gains/losses||Resources<br>expended|At31<br>March<br>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<br>buitdings<br>i.E|<br>other|Land and<br>buildings<br>f|Other<br>f|
||Operatingleaseswithexpiry dat6:||||
||Pensioncommitments||||
|||2025||2024|
|||f||c|
||Thepensioncost chargeto the charity||||
||amountedto:|3,84L||L,489|





## 

|TheCranleighArtsCentreLimited<br>DetailedStatement ofFinancialActivities<br>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<br>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<br>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<br>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<br>buildings|3L,367|3L,367|233,396|
|DepreciationofFixtures and||||
|Fittings||||
|Depreciationof|||32,06L|
|Baddebts|||2L7,586|
|Bank charges|90s|90s|892|





## 

## 

## 

|tI<br>TheCranleighArtsCentre Limited<br>DetailedStatement ofFinancialActivities|||||
|---|---|---|---|---|
|Generalinsurances|5,077||5,077|&333|
|Postage andcouriers||||t6|
|Software,lTsupport and related<br>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<br>othergains/(losses||14,910||14,910|(458,679)|
|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|