Registered Number- 01787316
Charity Registration Number: 289644
FOREST
F¥RGE
THEATRE CO.
FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 37 MARCH2024
Registered Office Address..
First Floor, Pintail House,
Duck Island Lane.
Ringwood, England,
8H24 3AA

FOREST FORGE THEATRE COMPANY
IA compary lifflited by guarantee without share capit811
Table of Contents
Reference and Admini8tr8tive DetBiLs.
Twstéea Roport..................
Accountants repon.................................................................-........ .. ..
Ind8pendeTht Examiner's report..........................................................
St#tÉrriènt of Financial Aetivitiaa.
8alBnce Shget.
Nolas to th8 Financial Siatemgnts
.15
.20

FOREST FORGE THEATRE COMPANY
IA company limrted by guarantee without sh8re c8Pltal)
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Ms. N Ralcirff8Wilson
Dr. M 8eniinGk
Ms. G Gould
Mg. V Biig8S
Ms. LSmith-Head
Mr. M Vtilson
Charity R8gi8tration Number
289644
uurnparii Regisi¥8t',on Number
01787316
Prinrip31 Addie.qA
Flrsi Floor
Pintail HOLISO
Duck Islap.d LBne
Ringwood
HgfflpBhire
BH24 3AA
Re8lSteied cJffiGe
First Floor
Pir,t&il Hou%a
Duck Islan¢J House
RingwA)O
Hampshir
8H24 3A4
Accoun13nf
El8we11 Consulting Ltd TIA Cloud Eleven
AccountJnis
Pslamcs House
66-67 High Si
Lymingtoo
S041 9AL
Indeperdeft.tExamlher
Tu accounts TIA On the Spot Tax
Rosehill Hovge
St Austell
Cornw?11
PL26 78A

FOREST FORGE THEATRE COMPANY
(A company limitod by guaranteo without share capitsl)
TRUSTEES REPORT(INCLUDING DIRECTORS REPORT)
FOR THEYEARENDED 31 MARCH2024
Thp Truqtee$ prasent their r8part And lin8ntl81 stalamants lor thè yéar 8nded 31 Mirch 2024.
ObJgctlvg# and actlvltl8s
Forest Foige The8tffe Cornp4r.y's charitoble objective 18 to producé and iour thaair8
Pfoduciiofis io provido a comprehensive ps rrhcioatory programme, to 8dvBnce
ducgtion or to Bncourage involvorYiQllt In tho &rts.
Forpgt Foi8è'S mi$&ion IS..
Forest Forgp u8ey theatre to lind the &xtrAoidlnary in tha ordlnAry_ 8asod sn rhe New Forest,
.Jr work across ttsulsng Pioductions. participarion and artisr developmpnt helps make and
build cDnnectiori$ beiwuvn peoplL, spnik8 joy Pncci urages pefso¢i&I shifts in
perspective anij experienLè.
The company achieves its ch81:"i&ble obiectlVO8 Rnd iwgs up to it¥ mi$$ior) by dèLNéfing thréé
stiands ol work:
T<)uring Theatre
Forèst Fcr8e cre&res MexiblEt tlle8rre pr(>duction$ thAt be Enjoyed in a rAn¥£ ol vÈnves from
villagé halls 10 5*udio th@orr88, non.theatTe spaces and outdoor8. All touring production9
celebrat? the trèdiiltsn ol oral slorytelllng &nd engage audietTrce8 regard less of Iheif
bbckbyobnd or expeiier,ce.
o PBrEir.ioarion
Fofe31 Fo<ge'3 stscce$8fbl pgrti¢ipHtion programme IprEv'.uusly Crealiye Leofn,ir.g) all(Ms
￿￿OpL8 li￿7￿8 withi n the I￿8￿ rore9t thé opportunrty ta t8ke part in thoatro making actr¢itip
Vnrkin K with peoplts ol all ggeg. backgrounds and Iw@is of 8xpeiioa¢e. Ihp orogremfne shares
nd celebrdte¥ FL)r8$1 Foig¥'s ¢lhos and practlce.
C) AitiSI Deve.lopmont
Foresi Foigo's Artisr Developfflent progTarnme$ exist to develop and support tha futurè of
Ib.eatre making in the New Fore¥t.
Fofest Fof8e deli%iefS its misslon and chafitable objectives Ihrough the delivery of a 8using55
F18n t,*at hag bean develayd by thè tr￿te05, leadership tearn arbd w¥rh careful consi4Jer?tion
to the Cha rity Comm15sion'8 general guidanc8 on public bénefit.

FOREST FORGE THEATRE COMPANY
{A company limited by guarantee without share capital)
Review of the Year: 2023-24
23-24 was a tirne of significant change for the charity, and saw a move of premises, the
development of a new business plan and a change in leadership, led by the need to build
financial sustsinability.
Despite these changes we continued to successfully deliver a programme of events and
activities for the benefit of the New Forest community-
o Touring Theatre
In 23-24 Forest Forge developed and toured The Adventures of Robin Hood, a co-production
with Bumblefly Theatre and Mischievous Theatre. This Christmas production toured to 22
venues. including 20 rural village halls and 2 schools. It reached an audience of over 1320
people.
Whilst based in Ende8vou¥ Park, the old premises. Forest Forge also provided a venue for other
professional productions including a pertormance of Georgia and the Iceberg by Dorset born
Theatre. and six events as part of the New Forest Comedy Festival. Forest Forge also managed
two additional performances of the New Forest Comedy Festival at 2 rural locations.
Participation
Our participation programmes continued to be a key focus and ran throughout the year in
Ringwood and across the New Forest. All our participatory work is based on our inclusive,
ensemble theatre approach where every participant is equally valued. shares collective
ownership and where the success of the whole is prioritised over the success of the individual.
It is underpinned by our heartfelt, playful approach. informed and underpinned by a
comrllitment to telling stories and celebrating the New Forest. The programme included..
Forest Forge Youth Theatre
In 23-24, we engaged 64 children and young people in 30 weekly youth theatre sessions.
These sessions focus on ensemble theatre and use our artistic ethos, to enhance and enrich
the lives of participants. Feedback from sessions included..
"Myson has also started atForestForge recentlyand I've cert8inlyseen a difference in his
beh8viour. He seems moregrounded8nd selfassured, less stressed 8ndanxious. He is also a
bit more willing to try new things now."
"Mydaughteris bubblyandfull of fun aftersessions atForestForge and enthusiastlc 8boutthe
people in hergroup and the activities she does in w8yrarelyseen aboutschool.
Within the year, Youth Theatre Groups 3 and 4 delivered a performance of The Wolves of
Willoughby Chase, featuring 19 performers.

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
o Waterside Drama
Waterside Drama includes two weekly drama sessions at the British Legion in Fawley and are
targeted to those living on lower incomes and with a particular focus on engaging the settled
traveller community in the district. Sessions are delivered for free thanks to funding from
Children in Need.
o Act Your Age
Act Your Age is our weekly drama sessions for adults age 55+ In 23-24 we held 30 sessions
and engaged 15 individuals. Feedback from the group included:
"l always leave the sessions smiling.
"It r8ises my spirits"
G8me
Game is a weekly session for adults, offering the opportunity to engage in joyful, active drama
games. Within the year we held 30 sessions and achieved a footprint of 210 participants.
o Branchingout
In May 23 we launched Branding Out, a new weekly drama session for adults with learning
difficuliies, in partnership with Blue Apple Theatre. The initial project was delivered thanks to
funding f rom Hampshire County Council Local Solutions Fund. We delivered 30 sessions over
the year to 11 participants. Feedback has included-.
"It is really developing my daughters confidence and imagination as well as expressive skills
and opportunity to reallyfeelpartofsomething thatmatters.
The group has been so successful we have added it to our core programme of activities from
Autumn 2024.
Schools and Education
Throughout 23-24 we continued to deliver a full and varied programme in New Forest schools
and educational establishments. Over the year we delivered 58 sessions including..
10 sessions for Arts Week at Ringwood School.
After School Clubs at Ringwood Junior School, Weston Downland Primary School
and the New Forest Small School, engaging 50 pupils.
Applied Theatre sessions at Arts University Bournemouth.

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without share capital)
Community
I n 23-24 we delivered 16 community participatory sessions including..
Workshops as part of the HAF programme at St Barbes MuseLJm.
Workshops at the New Forest Show.
A programme of workshops at the Shelling School for Adults with learning
disabilities.
We also provided entertainment as part of the Ringwood Carnival.
Artist Development
In 23-24 we continued to support local artists and theatre makers in the New Forest by
Facilitating and supporting our Young Company, a group of emerging theatre makers
ged 18- 25. Throughout the year we provided weekly sessions for the group to work
together to develop their own artistic practice.
Within the year, three comp8nies that we supported via mentoring and dramatLJrgical
support mDved forwards with their projects. These included Stories in the Oust, which
has received Arts CoLJncil England funding for a national tour and Tales for an Unruly
Audience which has subsequently performed at four UK festivals.
Throughout the year, Forest Forge continued to work in partnership and advocate for cultural
activity across the New Forest. working closely with Folio and Culture in Common.
Structure, Staffing and Financial Resilience
At the start of the year the Trustttes were aware that financial losses in recent years. in part due
the Covid pandemic. were placing the organisation in an unsustainable position.
In order to 8ecure the charity for the future and to protect the benefit we provide to the public,
the trustees took the diff icult decision to restructure the organisation and sell the charity's
base in Endeavour Park to release funds. As part of this process the CEO I Creative Producer
was made redundant in july and the building was sold in October 2023, with the company
renting the space for a few months. In January 2024, Forest Forge moved to a new leased
prem ises in Duck Island Lane. Ringwood, with the technical equipment. workshop and
costumes being placed in storage.
In November 2023, Forest Forge engaged creative consultant Sophie Fullerlove to support the
management of Ihe organisation during the transition period and to support the trustees and
managementteam to develop a newthree-year business plan focusing on growth and
resilience. By the end of the financial year the new plan was in place and accepted by the
trustees, with a new management structure led by two Co-Artislic Di rectors Lucy Phillips ané
Jo Billingham. Sophie Fullerlove will continue to support the organisation until the end of
March 2025. Funds released from the building8ale were usedto pay offoutstandingdebts and

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
designated by the trustees to support future plans and the ongoing resilience of the
organisation.
Public Benef it
Forest Forge undertakes all its work for the public benefit.
The Touring Theatre strand ol work sees the charity create and tour theatre to rural venues,
enabling people to See professional theatre in a Ioc81 venue at subsidised ticket prices. This
enriches the lives of people living in the New Forest, Hampshire, Dorset and Wiltshire. It
provides accessible performances. foster knowledge, education and recreation, to those who
may not othenNise be able to access theatre due to barriers Including geography. transport,
finances, background or neurodiversity. By touring theatre to village halls and rural venues the
charitable company also brings Isolated communities together and encourages community
cohesion.
The Participation Programme provides transformative experiences for people at every age of
life. By taking part in drama and theatre workshops, members of the public benefit from
improved health and wellbeing, new friendships and a reduction in loneliness, and enhanced
confidence and social skills. All sessions are developed to be as accessible to everyone, with
prices kept at around 50% of the price of commercial operators in the region.
OurArtist Development strand supports the education and development of emerging theatre
makers in the New Forest. It also helps add value to established artists. This strand of work
increases the availability of theatre and theatre-making opportunities in the New Forest and
surrounding region and supporting the creative ecology i n the region. This enables the public to
benefit from arts and cultural activity and its benefits now and in the future.
The Trustees of the Forest Forge Theatre Company are aware of their responsibilities in
ensuring the charities aims are for the public benefit and follow the guidance published by the
Charity Commission.
Governance StruGture
Forest Forge Theatre Company is a charitable company limited by guarantee, incorporated on
30th January 1984 and registered as a charitywith the Charity Commissian. The charitable
company was established under a Memorandum of Association which details the objects and
powers of the charitable company and is governedunder its Articles of A330ciatlDn. In the
event of the charity being wound up. the members are required to contribute an amount not
exceeding one pound. Although dated, the Memorandum ofAssociation has been deemed fit
for Pufpose by the Independent Theatre Council.

FOREST FORGE THEATRE COMPANY
{A company limited by guarantee without share capital)
Flnanclal Aavl4w
The ye8r ha3 seen a 8igniflcant change in the tinencial position of the org8ni3alion, with the
sale of th8 loimer leasehold prgmis8s for £711 .826 in octo4￿r 2023. Tha sale enabled the
oiganisatitsn to pay ofl Oulstanding debts and to build a sust8in8ble luturB. Th8 incGrne frorTI
the sale wès ottset by the removal of building as an assot ficm ihe ba18n¢e sheet, resulting
in a pfol.ir on the disposal of Tho 8886t of È440,425 Thls. carnbin8d ￿1h tho unresirlclod
Income Iram donationg and (É)g#¢ièii, chdritAble aetlvit103. tradin8 and Investment Income.
resultad In toial unresttieiaé Income of £328.3011É52.S13 in 22-231. Unregtricl8d gxpendilure
in the yearw85 £196.3511£146,201 in 22-23}-
Restricted incorne lof ihe yeBr was £40,724 with £31,696 of restricted expenditure in the yeor.
Tho majority ot the remaining re4triGled fundg. relgted in ? gr8 rt trom Arts CDuncil England
IOWAfds the Elgvgte PFoject, which wa% ¢arn2d lorward for délivory in 2024-25.
In 23-24, the total income lo.. the ch8rityw4s £3B9.025 with eX￿n￿lI￿r￿_ ol £228,lJ47. This
rosulipd in B Surp{￿8 of £140,978 which has been desigDated by the IfU5tees lor rhe ILSlure
8è¢urity of the ch&riry. It was a roquiioment ol thè origsnal ftsndlng foi tho building ihat the
monpy rpiPRgpd on the 88le ot the building bÈ uÈed io furt￿er rho ¢h2ri•ablo objottives. Thé
Irustee3 have taken dua note of th 15 in policy and Iht (Jecl$ions r#laiing 10
de51gn8tion of fLJnd$.
Th6 sale of the le8sehold build ￿ng has rosulted li a reduciioffl of fixed 885ets an the uslAn¢e
sh6ét, from £456,459 In 22.23 to £19, 197 In 23-2a, Net assets of iho charity now sit at
£516,873. with up.ce8tricied funcs of £488.91)4. Tr.e lur.d8 h8ve been degigneted by the
trusttes, Includlng In ￿ne wirh Cty.arity Commission guldelines. É240,000 has al80 been
Investao In higb.-ipiorosE, non-accoss,.bl& i rnigostments, prchliding a new incorne stre8m an4
fui1hei su pporting the long-terrn 3ust8inaeJiliVI ot the company.
R•¥•rve> Pollcy
The ffU$t&8s of Foi8St Fo(ge Theatie Company aim to maintain re8ervE8 to supoort the delivery
ol the ¢harity3 objeetiveg and work and to minimisa n'sk 10 the oigBnis8tion.
In Ocrober 2023 the cha riDi sold ils cornpany base in RingNood and. after 811 c(5815 and the
2023-24 dBflLii, had unrestilfjttid rv6VPrflJS toLJllliiJJ £488.904.
To protect tha charity Ènd plan for thé fuluro tho Trusteu ogr8•<J on o n4yw reseryes polACy
whi¢h Is annu4LIy.

FOREST FORGE THEATRE COMPANY
{A company limited byguarantee without share capital)
The charity has unrestricted reserves of £488,905. The Trustees have invested É240.000 in
low-risk investment. providing a rate of return at currently not less than 40/0 and providing an
important new revenue stream. To achieve the level of return required these funds are not
accessible without incurring a penalty.
The unrestricted funds are carefully designated for the futLJre security of the company.
Winding Up Costs
fo meet our obligations as a responsible charity, the Board of Trustees has agreed to Set the
reserve requi rement to cover 6 months of total operational costs which will cover any
temporary cashflow shorttalls,. for example, if the charity i s awaiting a grant instalment, or in
the worst-ca5e scenario to cover the costs associated with the charity having to wind down.
The reserve amount 15 reviewed annually by the trustees, The trustees believe this level of
reserves will provide short term funding stability and a Flow time to secure alternative sources
of income, in the event of a sign ificant drop in income. At 31 March 2024, the charity has set
aside an operational reserve of £50,000,
At the end of the reporting period 6 months of operational costs are equivalent to £62, 138
and therefore in the case of additional funds being required the trustees will revisit the
designated funds to cover any shortfall. 1000/0 of this fund is included in the high interest
investments.
New Building Investment
Following the sale of the leasehold property, £178,000 has been designated by the trustees for
investment in a future new building. 100% of this f und is included in the high interest
investments.
Strategic Delivery Fund IPlanned Deficit Fund)
After the challenges of Covid, the cost-of-living crisis and recent Changes to the staff ing
structure of the organisation, the Trustees have allocated £180,000 of the reserves to support
planned budget deficits 2024-25 and 2025-2026 as the charity builds back to a sustainable
delivery and financial model. A portion of this fund is included in the high interest investments.
Maintenance, facilities, and capital replacement fund
Forest Forge has set aside £30,000 for new equipment and the ongoing maintenance and
support of the company van. This fund is managed i n conjunction with the capital replacement
plan which is updated annually by the Trustees.
Special Projects
£20.000 is set aside for special projects that the Trustees agree will advance the artistic policy
of the company, help to achieve its mission, public benefits and support the company
financially. Proposals for use of this fund can be made by the staff team to the Trustees at
quarterly meetings.
io

FOREST FORGE THEATRE COMPANY
{A comp8ny limited by guarantee without share capit811
Youth Theatre Bursary Fund
Folest Forge Theatre holds E5,000 of rlngfencfrd fund5 to support youth theatre membÉfS via a
bursary schgm9. This fund may ba supplemented by gr8nt3 and putrllc donotions.
sual Identity and Weositei A￿trash
In ordor to deliver the naw buslness pLgn and put the organisailon in the be3f place to saNe its
ber¥efici4 ries the company requires 84 refresh of rt$ visual Identity Bnd website.
The trustee3 hwoe set asidg no mor8 rhan £20,000 for thiy work. blthlch will be complgted in 24-
25.
T4Ér8 afe a iDt31 gf £5,905 of Ir&e rosorv8S,
At the end ot è8Gh finR ncial year, any surpltss will be designattsd by ibe Trustees acrogs the
lunds descr..be.d '.n accordance wlih the need ol thÉ7 chari* at that Iirne. Inlornied by the
business plan, cspitBI TapI(Ic8nienl plan 8nd chtsrity risK registof.
Futur8 Plans
Forèst Foige.'8 Piiority ip. th8 short term is to embed it4 nèw buslne88 plan Bnd structuré to
b*gin 10 Euf n &rour,d the lil1ar.cial po8ltior> &nd reputatjun ol Ihe company. Key a¢iivtlies wSil
ip.cludo-.
D£livering new piogr4mffte$ of tou',;ng theatTe Including Suiicase Stories. mini-flexlblEI
theatre pffoductions in 2>24.
Extraneir,g ih¢J pa.Iicipatory progr8mme, includingihe. development ofwcrdswiths. in
Pdjrti i*Jrshig Wlth Culture in Common, and driviné Inc reKJsed ep,gogpment across all
ork3hGps.
lew rei8t:"Qf Yylpg sc hools, Includ7fjg thé d£,livr'ry of the GCSE drama progrjjmmg 8t
the Fof841 Small Schcol, &n AIS?ianco Theatre covr5e at Rinwood sch.ool and 6 new
drarv8 club Burley Prlmary School.
AefT?shing thé FD¥o81 Forge br8nd 8nd18unching 8 new web31te which r9ise.g :. he profile ol
ttte organisa.ion Bnd 8uppon9 Increa8ed Income gefleialion_
I ne r¥nl Ot a new technical urtil for the storage av.d mgking of séts. props end ¢08tume8, to
Ilow v3 ttr caro lor, use Bnd hiie th.e £ssèrs own.
The development of new fLJndraTaing and Income geneiBti¢n plans. Including applyiv,g fot
Thealro Tax Rclief for eligible pl(￿u¢r10ns.
Imprtsvod flnÉbnci41 reparting Bnd sy$t8ms ro en%ufe 8ppropnatè management ot IiN8nGèS.
A r.ow BFJpro8clTr, ta &dvoc8cy comrr.unic8rions. with 3 lor.LiS on raJ8ing tfre profil¢ of
lye orgE)nizat,on umoDg reglonal decision rnakers Bnd st&k￿notders.
Thé tronsition to 8 new ba8rd ot tfUSt8es, wrth ihcee recrtsytèd in rhe fsrst 6 Tonth8 of 202d-
I S ar,d lurther iecruitment planned.
The rec ijjitinenr Df a new Comp&ny Manager lo lead on the administration 8nd fr'#ancial
rnan¥?84.Tent tsl thé c>rgAnisation.
Ll

FOREST FORGE THEATRE COMPANY
IA company limited bygu8r8nteewlthout share capital)
Tru¥ttso*
TheTnJstees, who Bre a130 the direclof3 lor tha puipose ofcompary IBW, and who Served
durlng the yBai ap.d uo to Ihe dale ol signatuig ot the linancial statements w4ere'.
Ms. N Rkiicliff e vfi130n
Or. M Bentinck 1ch.airl
Mr, J H4rtley-Qinn.%
Ms. G Goiild
M. M P,Jraio
Mr. Mvv'ilson
Ms. V BIiyA.8
Ms. L Smiih-Head
IRosigned 27 February 20241
IR&9 iilfipd 1 O¢iDbér 20231
IAp,.oiritecl 24 Ai)ril 20241
IApooinied l O July 20241
IAppoiriled 10 July 20241
In 2G24 ihe TnJ8te8s havo urdfjrtaken 8 Skill3 Audit. the re?ylts ol which been rna pped
ag31ll St the Tpeds of the or%E7ni88tion. Thie@ o! ihe current tiusietts, including ihé Chahf. trjave
ID.dicatdd the¥¥ Intefjtion lo rps ien ID Marcli 2CY5 Jiid è recrtsiimani ?18n Is in place to 3ppoiftt
new :. rusteeg, imth g transiTion period In pl8cp. Therp 1$ FJ ￿rtIcular tocus oq appointing a
trustep w'.Ih proleg£ionai flrian.clal experience.
All Trustees are proposed. seconded. and appeinièd by 808fd and hold Office Ioi ihroa
i£ars b4)lor8 re-611 &ction. All TrL,8tees are iequi réd ro sign eonfirm8tion of theii 8biliDi
,1￿ngnesS to act in ￿"ne ,￿rt.1 Charity ComniLSSlQtI'8 8uidgDGe Tle Ess8nti81 Trusrt7e iCC31
8nd The Good Governapce Ccde.

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without share capital)
Statement of Trustees, responslbilities
The Trustees. who are also the directors of Forest Forge Theatre Company for the purpose of
company law. are responsible for preparing the Trustees, Report and the tinancial statements
in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financi81 statements for each financial year
which give a true and fair view of the state of affair5 of the charity and of the incoming
resources and application of resources, including the incorT)e and expenditure, of the
charitable company for that year.
I n preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.
observe the method$ 8nd principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent- and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with
re8sonable accur8cyat anytimethe financial position ofthe charityand enable them to
ensure that the financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the cha rity and hence lor taking
reasonable steps for the prevention and detection of fraud and other irregularities. The
Trustees, report was approved by the Board of Trustees.
Dr M Bentinck
Chair
Oated..
5-11-2oz
13

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without sh8re caplt811
ACCOUNTANT'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Roport to the Trustees on ihe grepafation of the unauéited $tatut¢)ry financial siater¢J8nts of
FOREST FORGE THEATRE COMPANY In order to B53I3tyou io lultll yo(Jr duties under tha
C¢mpanias Act 2Q06, vle have Pfepared for youf app roval Ixe flnanci81 stBtement9 01 Ihe
cornpé)ny wb.lch incliide, thA grolTt and loss accaunls . Ihe balance sheet and the relbted nates
frorn the ¢omp8n't accounting records ol FOREST FOqGE THEATRE COMPANY forttr,B yesr
op,ded 31 Maich 2024 sel OLIt on pag85 16. 18 from Ihg Ccmpany'3 occotsntln8 ipcords &nd
ITcfti inloi niotion afid explanali¢ns you havts given us.
A5 B pract1411",% mc'mber ol ihe Assor.i8tinn ol Chartered Certrfied AGGQ U.Itèrtfb. are subject
to st.9 Pthieal 8n.d OThof Pfofoss tonal r-qui,-ernents which ar8 dpiailed at
.3:=C&8IDb!l.L-aTlllukJLIDI J'J'-
,11 ij nJrbleJoiJP
This reporT is n.4dè golely to the charity Irijslees ot FOREST FORGE THEATRE COMPANV. as a
body. 111 accord&nce'Nitb Ihe i*rms ol oui eng8gernent 18ii#r diJlLd 24 Apnl 2024. OUF work has
beon undoitarton solely to prepar8 for your app",oval the #prounts of FOREST FORGÉ THEATRE
COXIPANY and stale those matters rhs)i wo have agieec IQ 51ai¥ iu iho TIusi¥es of FOREiT
FO.qGE TH EA TRE COMPAhY ,q body in pl)Is rLPC'I1 Ir ac.rnYdgDre with iho t￿￿￿￿%￿Men[S of
the A39QCl8ilon of Charteied Cp.r-J1fi￿d Accountants 8* dp.-. qilp.d ot:
.IL,'l&i-Llrl- 63-1.3r.-24.FEII
Tg th•. fiille+
t ox:. perrp.itted by IB'A., do noi accept or resump. rès￿015 sibiliry to anyrjng
otner ihan FORES'f FOqGE THEATRE and I'.$ 8oaid of Trustee3 85 a bortii lof oui work for thi$
It 13 iour duty lo unsure that FOflEST FORGE rw.EATRS COMPANY kèpt gdeouatp
CCOuntinÉ rfjr.oie8. avd lo propare statutory ac¢ourilS tfrAt gp4e 3 trJe and fair we'+¢ of the
assuts, liabilil1.es, lir.an¢ial PQSition &nd surplus tsr déf1Cit of FO FIES-, FORGE T￿ gATRE
COMPANV, You consider that FOREST FORGE THEATRE COMPANY is exempt tTOrn tha
glatutory audit reau¥remeni fDr the yt)Ar.
Wè h8v@ not been inyirutted to carry out 8n gudit or a review of the &ccounrs ot
FOP.EST FORGE THEATRE. Foc this reason, wp not verified the Bccurgcy oc comple18ness
of rne a¢¢outtLing re¢oids or inforrnation and e&plopation$ you givon to us and-wft do not.
l*ereforp. exprèss any opinion on the staturar¥ accounrs.
Janlce Willij FCCA
Cloud E'je￿'en Jtr.countanls - Trading ol El¢ve11 Co.n8ulting Ltd
D3ie 23_10.24

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without share capital)
INDEPENDENT EXAMINER'S REPORT
FOR THEYEAR ENDED31 MARCH 2024
Independent examiner's report to the trustees of Forest Forge Theatre Company I'the
Company")
I rèport to the charity trustees on my examination of the accounts lor the Company for the year
ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company
lawl you are responsible for the preparation of the accounts in accord8nce with the
requirements ofthe Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent exa mination. I report in respect of my
examination of your charity's accounts as carried out under section 145 of the Charities Act
20111'the 2011 Act'l. I n carrying out my examination I have followed the Directions given by
the Charity Commission under section 145151 Ibl of the 2011 Act.
Independent examiner's statement
Since the Company's gross income exceeded £250,000 your examiner must be 8 member of a
body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the
examination because l am a mefnber of ICAEW IFCAI, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by section 386
olthe 2006Act' or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requirements DI section 396 of the
2006 Act other than any requi rement that the accounts give a 'true and lair view which
is not a matter considered as part Df an independent examination- or
4. the accounts have not been prepared in accordance with the methods and principles of
the Statement of Recommended Practice lor accounting and reporting by charities, in
accordance with the FRS 102.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
Teresa Rogers BFP FCA
Director
21 November2024
L5

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capit81)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAA ENDED 31 MARCH 2024
Ilncluei ng lfjcorr.o ar,d Expenditurg Account}
Statement of Flnancial Actlvltles
Unra8trlctèd
funds
Reslrlcted
fund•
Totsl
2024
Not
Incorno ond ondowrnents
From..
Donatlono ond legacles
Chaiitable ac tivilies
Otlitsr fradin£ 8ctNTtle.8
Invgstmèrtt ir come
15.863
37,508
40,724
56,587
37,508
150
39
39
Othpr inr.nmE.
274.741
27.4 74t
Total Incom
328,301
40.724
369,025
Expendhure on:
Raisinglunds
Chsrttable kntiwtie$
12,999
183,352
17,999
215,048
31.696
Totol Expendttur•-
1%,351
31.696
228,Q47
N*3t income
131.gSQ
9,028
140,978
Tra￿&f￿r$ b¢￿e¢0 funds
Nel rv.o¥emeni In fup.ds
e¢onGS1i8tSon ol fuhds
TotBI lunds brought forN8rd
Tot31 funds carried forward
3e9,965
488,905
18.939
27.967
375,894
518,872
20
16

FOREST FORGE THEATRE COMPANY
(A comp8ny limiled by guarant88 withoui share capit811
2023
Unrestrlcted
fund5
2023
Restrlctod
lund8
Tota I
2023
Prior year
Noto
InGome Bnd Endowments
From:
DonAtions and 18gac198
Ch8ritBble acti￿lieS
Ot17ei tiediDg ectNTtleg
Inwvstmenl income
Othér. In¢om
2.037
20.499
22,536
46,340
46,340
106
106
4.060
4,060
TotAI Income
52,543
20.459
73.042
Exp•ndlture on:
R¥ Ising funds
Gtr.aritgble Actjvnles
,013
133,188
7,457
142.845
TotBI Expendttur•:
146,201
7,457
153,6$8
NJ)t Income
Transfeis between (unds
Net movement in fun.ds
193.8581
13.(142
180.6161
RKon¢lll3tlon ol funds
Total funds bruught for￿Jr(l
TotBI funds cafTied lorward
450,613
356,955
5,897
18,939
456,510
375,894
Thé Subternent ol linan.ci&l aeliviries includes 811 gains and lossès r@cognised in Ihe year.
Ali ineoma and expenditure derlve from cantinuing BCtiwtie$.
Tha 8iatement ot financial a¢tivliies also cornFlies with the requlrernents for an iTrc¢me aftd
experFdilure accaunt under the Compgnies Act 2Q￿.
17

FOREST FORGE THEATRE COMPANY
IA company Umlted by gu8r8ntee without Share capit81)
BALANCE SHEET
AS AT 31 March 2024
Bal8nco Shoet
2024
2023
Nota
FIXED ASSETS
Tansible assets
14
19.197
19.197
456,459
CURRENT ASSETS
Debtor3
15
10,129
6,207
C&5h at bank8Nd in hand
504,498
514,627
6.332
12,539
CREDITORS:
amounts foulng du
wlthin one year
16
116,9521
156,4331
NEf CURRENT ILIA81LITIES
ASSETS
497,675
145,8941
Toial &8S4tg l•*J c•Jrrant
1tr8billti68
518.872
410.565
Crèdltors: amounts faiung due
after more than oTta yeor
17
134.671
NEf ASSETS
516.872
375,894
FuTrds of tho Charlty:
Regtri¢ted income fund3
27,967
18.939
De3iKnatFJd funds
4B3,OOQ
LJnr&stTr Icted lunds
TOTAL FUNDS
5.90S
516,872
356,9RS
375,894
18

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
BALANCE SHEET (continued)
AS AT31 March 2024
The charitable company is entitled to the exemption from the audit requirement contained in
section 477 ofthe Companies Act 2006. for the year ended 31 March 2024.
The Trustees acknowledge their responsibilities for ensuring that the charitable company
keeps accounting records which cornply with section 386 of the Act and for preparing financial
statements which give a true and fair view of the state of aff airs of the charitable company as
at the end of the financial year and of its incoming resources and application of resources.
including its income and expenditure, for the financial year in accordance with the
requirements of sections 394 and 395 and which otherwise comply with the requirements of
the Companies Act 2006 relating to financial statements, so far as a pplicable to the charitable
company.
The members have not required the company to obtain an audit of its financial statements for
the yeai in question in accordance with section 476.
These financi81 statements have been prepared in accordance with the provisions applicable
to companies subject to the small companies regime.
The financial statements were approved bythe Trustees on 26 November 2024.
Dr M Bentinck (Chairl
Trustee
Registered Number: 01787316
Charity Registration Number.. 289644
19

FOREST FORGE THEATRE COMPANY
IA company limited byguarantee without share capital}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting Policies
Charity information
Forest Forge Theatre Company is 8 private charitable company limited by guarantee
incorporated in Eng18nd and Wales. The Registered Office is First Floor, Pintail House, Duck
Island Lane. Ringwood, Hampshire, BF124 3AA.
1.1 Accounting Convention
The financial statements have been prepared in accordance with the charity's governing
document. the Companies Act 2006 8nd"Accounting and Reporting by Charities.. St8tement of
Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reportingstandardapplicable in the UK and Republic of Ireland IFRS 1021" las
arnended for accounting periods commencing trom 1 January 20161- The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken adv8ntage of the provisions in the SORP for charities applying FRS 102
Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepafed in sterling, which is the functional currency of the
charity. Monetary amounts in these financial statements are rounded to the neare8t pound.
The financial statements have been prepared under the historical cost convention, modified to
include the revaluation of freehold properties and to include investment properties and certain
financial instruments at fair value. The principal accounting policies adopted are set out
below.
1.2 Going concern
Ai the time of approving the financial statements, the Trustees have a reasonable expectation
that the charity has adequate resources to continue in operational existence for the
foreseeable future. A8 Stated in the Trustees, Report, in order to provide sufficient cashflow for
the foreseeable future the Trustees elected to sell its propety. The free c88h reserves resulting
from this will provide financial security for the foreseea ble future. Thus the Trustees continue
to adopt the going concern basis of accounting in preparing the financial st8tement8.
20

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without sh8re c8Pltal)
Chafltablo lund8
Unfestri¢led tunds 8re &18ilabl8 for use ai the discretion of th8 Trustaes iri funheronc8 of their
chafitable oolectNes unless the funds havè bÈ4Jn desi8nAted loi other purpose8. Oesignared
lund8 Bre unr8stilcted fund9 whlch h&ve beon earrnatked lor a particulai purpose, within the
object8 Ot the charitable company by the fwstoes. Restdcted funds 91¢ subiecr lo gpocih"c
conditions bydonofs as tc ho%v they m8y ba used, The pvrposes end u¥8s ol the re3lr4cied
funds are sei wt In the notes io the financial $t8iomerkt5.
In¢oMln£ resourc••
Income 15 reeognised when ihe chaiity ig lègally enlitled to after sny pèrfomance condition¥
have bepn mel, th6 grnounis can be me8sJJiod reliably, and it Is probAblo that incomo will be
rec8Ned
C4$h donations 8rè r8cognised on ft)ceipt. Oihvr donations are recogtkised once ttr,e charlty
has b8Èn notif led o( Ihe don8ti on. unltsss oerfofmafi ce condilifjns iequire dèltsryal of Ibe
mount. Incofflo tax iécovorable in r81giion to dtshrf)tions rEceivad undef Gift Aid 01 Oeed9 01
covenant is iecoKnised St the Iirn¢ ol tlié donalion.
Incomv Irom grants. Wh￿ther 'CaPIt31' grants Of ' r¢vènue' grants. is fecognised whi..n the
charity has efititle￿1efjt to the ￿rnds, athy pcrtorrnBf7ce conditions atlached to IhÉ gran15 h&4È
been rpet, il ..9 probable that the Inco¥r..o wlll be received. and the 8mount can be moasufed
Tell￿blY Bnd is noi defeired.
Resourc•& 8xponded
Ligbilitlos are re¢ognised as expenditure soon 95 thefg ts a logal or con8tructiYe o)Iigalion
corn.mitting the charity tcj tP,al expandi￿re. it Is prots8bly ihat a transfer of oconomic baNefit3
will tse required in settlemeni and the amount of the obligation can bÉ4 me8sufF3d reli8biy.
Exgendilure IS accounied foi on Bn accruals basiy 3ftd has been elassified under he.adi ngs that
aggf¥88ie all cost Telatad to rhe ¢ale80ry, WF.ere costs cannot be directly 8ttribut&d to
ooitcular héading they have been 8llo¢aied to activities on a basls consistent w¥th use of
rèsoL'rces.
Tan<iblÈ flx64 a99gts
Taftgboie fixed asséts ace I nitially mea8urp.d at cost and yubsèquently rnoasL*f8d at cost 0¢
valuation, net DI depreci81ion And any irDge4rment10s8e$.
Depreciation is f9cognised so as to wriie off cosl or valuation of 8sset$ i&ss their rpsidual
vglu88 over th•r useful livp$ on the following basés.,
Asset Ci8SS
Leasehold Land Jnd ku¢ldings
Fixwros and fittings
CornputE)fS
Moror vehicles
Leasehold Improvem8nt3
Doprn¢latlon method and rgte
5irai8ht line over 150 yet)rs
20￿ on reducing balance bg$i¥
33% on str81ght lina b8S1S
21396 on reducin,g bala nce ba815
16,67* strglght line basls
21

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
NOTES TO THE FINANCIAL STATEMENTS (continued)
Tho ga3n Of loss arislng on the disp0381 of an 8SSet 18 4etgrmirtéd as the diffiience between the
salb proceeds and the carrying vBlue of ihe 89gPt Rnd IB recogni8ad In not Incomel
18xpendiiurel lor th8 year,
Impalmiènt of Ilxéd asset5
t each rewortiDg end date, the Charity rLWièWS the cafrying amounts of its tangible assets to
det&riTinÈ whether there 18 8ny tndlcjticn that thosÉ a5￿￿[8 havo sutfeied Bn impBiTment loss.
If any such indic8tiorr exists, the recovprBble 8mount of thé asset Trg eslirDated In order to
dLThiermine Ihe extent of the impairment loss lif any).
Caih #nd c4sh oqulvalents
Cash ane. r4sh equw#lents includ8 cash in hand, dop08its held at call with banks. other short.
tefv, Isquid Ir.vestment8 wilh origyn41 mAtli Iiiies of thr@e moiiihs or le83, and bank overdrafts.
Bank ovartt *3ft5 Qre shown within buiroviirig9 In turrènt ￿￿bilIties,
Flnan¢lal Instrumonts
rile charily has eivcled to Rpply Ihe provigionq ol Section l 1 '8asic Fin.ancial Instruments and
¥¢1sori 12 '0t*er
inancial Instruments153ues of FRS 102 to all ol Ils financial Instruments.
1.1 O Employè• bonaflts
The cost ol any unused holiday eniitlemeni Is recoqnised In the peridd In which t.*e emcloye¢'s
spryices &re ."pcpwee.
eTmin8iion benefits gre recogn1spd immediately as wnen
th.e ch.3riry',s detronstrBbly committed to Terminate rhe employment of an employeo or io
piovide teimrn4tion O.enefitS.
1.11 Rtttiremenl benefrts
Pa%/monts to dbTrfined contribut10n re£l￿ment ber8fil Sthemes are charged as 8n expen8e as
thay fall duè_
Critical accountlng è8t1rnat￿ and ludgemont$
In ihe applitatlon of th8 charir<5 &ccounting oolicies, the Trustees ar¢ requ irad io Make
judgemenig, asiimates 8nd assumptions about Ihe c8rrying 8mount ot 89S9ts and tiabilitl88
thRt B re not reedily apparefit liom oihor Soufces. The esti mates and 883oci8te(1 gs$umpilcns
afe based on historic.8 l experience anc othèr la¢iors thai are considered ro be celev8nt. A¢iu&l
iesults may diff er from these gStimate$.
The estimate$ and underly?n8 as$umpiion8 ère reviewed ort an ongoing b8Si8, Revisi0fi8 to
8cooL'niiDg estimaTes are re¢ogni8ed in ihe perpod In whicn estim.ate IS revised whefe the
rgvlsion a*l8cts ofily th8t period. or in rhe period of the r2v151cn and lutuie periods N¥hore :fre
ray"i.%ion atte¢t3 b6Eh current ar,d future periods.
22

FOREST FORGE THEATRE COMPANY
(A company limited by guar8ntee without share capital)
Tho annu81 depraciatlon chafg818 Can￿dered wrth reference io the estimated v$étul
econornic livgs and residtsal valLte of th8 88sets. The useful economic lives 3nd rp$idual values
?ro ro_4s¥ess¢d annu811y.
Income recognition is considered with reference lo the 8er¥ice level agreemenl. gtant
8greément or tsthor supporting documentation, to gngure cut off Is corroctly 8tat8d at th8 point
of entitlement.
AIIo¢gtion ol to$iÈ ara considofed and allocot8O accordingly between dir￿t, $upport W¥ihin
the welevani caiggory.
There werp. no other key sourcès ol es￿rnation uncertaintyorjurtgernanty.
3. Don8tloni ènd Graftt*
Unr•8til¢iod
Restrl¢ted
fLtrndg
Tol•l
2023
TDt812024
onaiions
10,863
s,ooo
11,968
44,599
2,037
20,499
Grants
39.599
Others
1S.863
40.724
56,587
22.536
4. Chorltablo ?¢tivltles
Chartt•bl•
Chodt•bie
¢tlvltla$
2023
2024
PToduGtion
6.8Q8
2.578
Creati¥B Le3mrng
30,699
J7.9)7
43.762
46.34
23

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee withoLrt share capit811
S. Othqrtradlng actlvttloj
Unr88tr1ct•d
fund•
Totffjl
2023
Tot•1 202A
Frlenils Schème
150
150
6. Invetstments
Unto*trlcted
lundg
TotBI
2023
Totg12024
Interast receivabio And slmll•r In¢om•
Intèrt*t r&¢o*vJ)4¢
39
39
106
7. Oth•f income
Unrestrlctod
lund8
Tolhl
2013
Ttstal 2024
Rental Ejnd hFrè incorTÈ!
1630
4.06¢J
Sundni Ir.¢omg
2S5
255
272.856
272,8¢6
274,741
4,06Q
274.741
4,060
B. RalglngFund8
Unrvstrlct•d
lunds GanarHI
Restrlctad
Funds
Tot31
2024
Total
2023
Lwdiru￿.on raistng
lunds
SLJndrle8
IArkering
OTheT luTrdf418ing G05t5
SIBff cost5
612
12
12,387
12.939
12.387
12.999
10,463
11,013
24

FOREST FORGE THEATRE COMPANY
{A company limFt8d by guarantee ￿thout share capital)
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
9. Charltablt ActlvltJ•*
DesGrlpllon
Craatlv•
Learnlng
2024
Produ¢tlo
2024
Other
Costs
2024
Totol
2024
Total
2023
Staff cogt3
Prgdu¢tiin costs
FreelBnc8 lee8
M?r*8iing
Sngulance
Rateg and walgr
P05t8ge and
5t3IIDnery
Tel¢pb041¢
ComDui¥r costs
Mainisynance costs
Moior Ir8vel
SL,bscripihJns
S15ndrie3
It*L.i:ntlonal support
Total
S0,J75
7 3,230
13,972
512
1.118
4,611
430
12,388
62,763
1a,23Q
13,972
l.Q24
2,236
9,222
B61
53.509
7.986
8.G93
512
2.a£O
5,826
262
4,6'.1
431
2.0fj2
3.682
5.528
.3.781
236
2,063
3,b82
5,528
4.095
235
4,125
7,3
11,OSf
7,8Y6
471
918
1.418
2.716
5.458
$66
168
11SQI
11501
1.7as
35,122
Shale ol gupport
¢Q3t3
1588 note 101
12.gu
8,857
12,263
,0
42.763
Shdro ol 8fJvernoncvJ
¢OoTrlS
46,016
46,016
,293
Isee rot8 101
43.979
215,048
142.645
Analy•iA by lund
Uniestii¢ted fund$
Restiictad funds
81.244
31.6
112.940
43,979
D8.129
183,35*
31.696
215,D48
135.188
7,457
142.$45
S8.129
25

FOREST FORGE THEATRE COMPANY
(A company Umited by guarantee without share capital)
10. Support co
B4slJ of
Support
Co*t8
G¢v•m•n¢•
Costs
Totsl
Totol
2023
gllo¢atlon
2Q24
St3ff co%'.s
7,432
3.334
1,552
1,024
2,236
7.432
3,3
1,552
8,925
892
635
2,381
Ffeelilll-'"c4 ItJ•)s
Mark*ti,Ig
In8ur8iicE
2.236
COrllt)UfB." COSIS
E tSiJc4fJC.n81
SLPPOn
SLppon coits
he&(JiTrg 8
Su'nQr'.es
8¢¥r,k cbarg#s
12.852
12.852
10,419
14501
145Ql
5,115
1,000
3,568
1,515
iooo
3.SB4
3.J23
1.110
3,588
1.515
ro*￿5.840r￿I
4S.018
,18.016
8.293
34.063
48.Q16
BQ,079
51.056
51.056
activrties
48.016
8Q,079
GovemarKe costs 1nGludes illd6poftdonr &xairinoiion.8 loes of £680 and &c¢ount3rN.cy=osts
ol E1.93912Q23 - £2.6711.
26

FOREST FORGE THEATRE COMPANY
{A company limited by guarantoe Wrthout sh8re capir811
11. Net ma¥•m8nt In funds
Npt mt)vement in lunds 15 8f8tèd 8ftBf Chargin￿ (crédrtln81:
rotsl
Total
2023
2024
Doprèelotion tsl tgngible fixed Dssots
8,926
12. Trustegj
None ol Trusiees lor ony oerson3 connected with tharnl feco¢wod Èny ion¥unèfation or ￿￿ell*S trom
L*0 charlly during the ye&1.
13. Employoeg
Numbor of èmploy••8
Tho 8w?rage montlily of einployee$
duFing yèBr was.,
2024
2028
Empioyrngnt costs
2024
7S.800
5,509
I.C84
2023
65,1
1,100
W3gBs Jnd saior-.ei
Sociol security costs
p•nsl¢n coszs
82A03
70,JS1
TherE'￿ere no Effpployoos whos8 afinual remuner8lion vmg É60,¢>)O ￿ more.
27

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without share capital)
NOTES TO THE FINANCIAL STATEMENTS (continued)
14. Tangible Fixed Assets
Leasehold
land &
buildings
Leasehold
improve-
ments
Fixturès
Motor
Vehicles
Computer
Equlpment
Total
Fttlings
COST
At beginning of
year
528.157
105,174
3.350
36,567
673,248
Disposals
1528,1571
1528.1571
Additions
5.361
759
377
6.497
At end of yegr
5,361
105.933
3.350
36,944
151,588
DEPRECIATION
At beginning of
year
Disposals
87,732
90,512
1.978
36,567
216.789
187.7321
187,7321
Charge for the
year
At end of year
59
2,983
274
3,334
59
93,495
2.2S2
132.391
NET BOOK
VALLIES
Asat31 March
2024
5,302
12.438
1,098
359
19.197
Ag at31 March
2023
440.425
14,662
1.372
4S6,459
28

FOREST FORGE THEATRE COMPANY
(A compAny limited by gu8ranree without share capital)
15. O•btors
AmoLsn13 falllng due wlthln ono y¢or.
2023
Tr8(le debtN¥
360
OthFr debtors
250
PrepAyments ond accrued income
5,841
5,597
10.12B
6.207
16. Credliors: amour¢ts fèlllng due wlthln oné yotr
Note
2024
2023
Bank loans
18
5.404
OthBr borrowngs
Otl.4r iaxa114)n anJ sociol
soc."urlty
Tr4de ciedilors
18
2.000
2.099
8.118
18.321
Other creditors
6,967
6.074
Acciu81s Artd d￿￿r0d Income
4471
16.9S2
58.433
17. Cre<lltOfS: amounts talllng due after morn than ye8r
4otE43
2024
2023
88nk lo8￿￿
34.671
34.67 1
29

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without share capital)
18. Loans and overdrafts
2024
2023
Bank loans
DirectDr's Loans
40,075
14,000
2,000
2.000
54.075
Payable within one year
Payable after one year
19,404
34,671
Amounts included above which
fall due after live years=
Payable by instalments
23,093
Bank loans incurred inter&st at 2.50% per annum, tixed for the duration of the IDan.
The loan was fully repaid during the year.
19. Retirement benefit sGhemes
Defined ¢ontributlon s¢hemes
The ch8rity Dper8tes a defined contribution pension scheme Iof all qualifying employees. The assets of
the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect ol delin&d contribution schemes was E1.09412023 - £711.
30

FOREST FORGE THEATRE COMPANY
(A company limited by guar8niee without share capital)
NOTES TO THE FINANCIAL STATEMENTS (continu8d)
20. Ra*trl¢tèd Fund*
The incorr,e fund.% ol the ch.llfity Includo restriGled fup.d¥ cornprising th91011(￿Ing Unexr￿￿d0d
bJl&nces ot ttcndtions 8p.d Rr8nt3 lTr£ld TTUSt lor specific purpose8-.
8418n¢o
Incomlng
reJource
R8BOUlfeS
FJxp*ind¢d
1 Aprll 2023
31 MDrch 2024
RestTlrt8d Fund*
Children In Need 2023
8.939
18.9391
Hamoshira County
CG4JncII
4,7SO
19301
3.820
Jis Council Er,gl&gd
14.850
151
14,845
Chlldien In Need 2024
9,999
1697)
9,302
Ne.w Forest Diytrict
Council
10,Cl)O
10.CthI
120.CQOI
Arti3ly developtr.pnts
donat20ns
1.725
Tot•1 FuTrd$
18,939
4Q.724
131.8961
27,967
The Childr#n In Need Ciants. relate 10 mon:L*8 rece￿￿ IO 8*d In Ine proviyior) ol dr8m4 kvt)rkyttops and
gloup thearra lor ctrJildrort young wopl+) liom settle(J and IravelLor comrp.uftive9_
New Fc.Ipsi Dl$trlct Ccuncil GfOnt.q W￿re receivod rowaids capir£l ¥￿rkS. Cofe ILnds 3nd genèlal
uildin 8 ¢o$t¥ 8n(J been fully gpent in the year.
Ham¢shire County Cou￿11 Grgnt r8lated to lunding toweids a new ogramrné ol drama woikshops lor
¥dults wtth.:e8rnin8 di%pb41itieg.
Arty Council EneLBnd Grant reL￿o# LO El8v8fo work experierncé.
31

FOREST FORGE THEATRE COMPANY
IA company limited by guaranteo without shhre c8Pltall
8&l•r
B4ian¢¢
Trsnsf•(s
In
Trartsl•r¥
out
l April 2023
31 Mar¢h 2024
De$lgnatod and
Unr¢¥trlcted Fund$
Fore3t Focse Ern¢r8ency
5Q.OtrJ
5Q,000
Str818gic d£livcry fund
18Q,OGYJ
30, Ji 00
".10.CJ
Maint2nAnce. 18cdities.
arid c4pit81 repl8cemen
fund
Specidl piOi*rts
ryo,000
20.QOO
Youih fho01i0 Buv$8ry
5,000
5,QOO
Visual Identify and
wp.ti$ite refresh
2Q,OQG
20,OQQ
New buil¢ing lknn
178,000
178.000
Unr8sinct8d hJnds
Unresirict8d lund5
6.955
131.950
1483 ￿￿0)
I,d83.IXOI
5.905
Total Fund5
6.955
ST 4.950
488.gQ>
32

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capit811
21. Analy819 of n•t •8Mts b•twaon fundg
2024
T¢t4l
2024
Totsl
2023
Fund3 balances at 31 March
2024 arg 18PT¥Selltgd ty.
T8ngibla asaet9
Currenf asseTs/lli8bllltlesl
Long rgrm Lidbillids
Total not I*￿1$
19.197
469,708
19,197
497.675
456,4S9
IAS.8941
134.8711
27.967
488.905
27,967
516,872
22. Op¢ratln8 lease commltments
At thb IPsporling tsnrt dale The chfiiity hAd ouT3tgnding commitments lor f5JtL"re rninimurn leos¢
Payfrenrs unde¢ non-c&n¢elloble operaling teg¥e¥, which Fall due BS follow3..
2024
2023
Wiibin gre yegr
Grviiter tx$n or*9 ￿ar
83,767
23. RBl8ted party transttctlons
R*munérttS¢n ol key ni*nag¢rnent personnql
Tht rorTr)Uii413T*.n of ktry m&n4sJnent ¢*fgonTr81 ￿ as Follcthw3
2Q24
2D23
relate compenststkon
75.800
87.260
Ihp rMe tTknStees prowded short tBirn loans ro the cTrarity tOTalling £2.CQO The loan was
rep&,,d In tu41 n April 2024. Th¢ 108n pre'd￿justY pit)vidod by Truutovs vt £14,QIJO was reFaJ(J aurlng the
33