Re¢i8rered NiJmOer.' 01787316
Charily Regislralion Number: 289644
FOREST
FWRGE
THEATRECO.
FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Registered Office Address..
First Floor, Pintail House,
Duck Island Lane.
Ringwood. England.
BH24 3AA

FOREST FORGETHEATRE COMPANY
IA company limited by guarantee without share Gapital}
Table of Contents
Reference and Administrative Details.....
Trusrp.e< Report
Aicountants report........
Iiidependent Examiner's report .
Statement of Financial Activities
Balaice Sheet......
Nlotes to the Financia, Statements
14
.20

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
REFERENCEAND ADMINISTRATIVE DETAILS
Trustees
M5. S Fullerlove (Chairl
Ms. V Briggs
Ms. L Smith-Head
Mr. M Wilson
Mi. J Swyer
Mr. DMS Waugh
Ms. J Taylor
Secretary
Ms Kwhenray
Charity Regisiration Number
289644
Company qegistration Number
01787316
Principal Address
First Floor
Pintail House
Duck Island Lane
Rin.cYWOO
Hampshire
BH24 3AA
Registered office
First Flooi
Pintail House
Duck Island House
Ringwood
Hampshire
8H24 3AA
Accountant
Cloud Eleven Accountants
12A Stanford Rd
Lymington
Hampshire
S0419GF
Independpnr Elaminer
Tee accounts TIAOn fhe Spot Tax
Rosehill House
Sr Austell
Cornwall
PL26 7BA

FOREST FORGE THEATRE COMPANY
IA company limiled by guarantee without share capitall
TRUSTEES REPORT(INCLUDING DIRECTORS REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their report and financial statements for the year ended 31 March 2025.
ObJ•ctiv•s and activlti•s
Forest Forge Theaire Company's charitable objective is to proeuce and iour theatre
production< and to Pfovide a comprehensive participatory prograrnme, to advance education
or to encou.age Involvemenl In ihe ans.
Foresi Forgp's mission is:
Forest For80 uses Iheatre 10 find the extraordinary in the ordinary. 3ased In the New Forest, our
work acrosc touring productions. participation and artist developn)ent helps make and build
onnections between people. spafks joy ano encourages personal shifts In perspeciive and
experience.
The company achieves lis charilable objectives and lives up to Its mission by delivefing three
strands of work:
Touring Theatre
Forest Forge creates flexible theaife productions that Can be enjoyed in a range of venues ffom
village halls to studio theatres, non.thealre spaces ano outdoors. All iouring productions
celebrate the Iradition of oral Siorytelling and engage audiences regardless of their
background or experience.
Panicipation
Forest Forge's successful participarion programme (previously Creative Learning) allows
people living within the New Forest the opportunity to take part In theatre making activities.
Working with people of all ages, backgrounds and levels ot experience, the programme shares
and ¢elebraies Forest For8e's ethos and practice.
Artist Oevelopment
Forest Forge's Artist Development programmes exist to develop and supporl the fuiure o
theatre making In the New Forest.
Forest Forge deliiiers Its mission and chaiiiable obiectives through the delivery of a Business
Plan has been developed by the Irusiees, leadership team and with carelul consideiaiion 10
the Charity Commission's 8eneral guidance on put)Iic Oenefil.

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee withoLJt share capital)
Review of the Year: 2024-25
Touring
Our touring work and howwe approach it. became a focus for the company throughout the
year. We spent time discussing and planning howto re-engage with the touring networks and
creating fleet of foot theatre for the region.
A Christmas Carol- produced, creared and toured 25 Oates in the New Forest.
Hampshire. Wiltshire and Oorset. in co-production with BumbleFly Theatre and Mischievcus
Theatre.
'Your Inventiveness and creativity in retelling this classic story weie moving and inspiring.
Each time l experience A Christmas Carol. I find something new to appreciate. and your
rendition wa5 one ofthe best. The puppetry and shadows. combined with the tender
storytelling. moved me to tears. Thank iou foi bringing such magic and joy and uselul lessons
for us all." Audience member
Suitcape Stories- Jack and the Beanstalk- produced. createe and toured our new fleet
of foot one person show to 15 shows to libraries and schools.
'captivated the audience. pitche(J just righi. professional performance"
Participation
Our pa rticipat on programrnes continued to be a key focus and ran ttr roughout the year in
Ringwood and across the New Forest. All our participarory 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 priorilised over the success of the individual.
It is underpinned by our heartfelt. playful approach. informed an¢J underpinned by a
commitment to telling stoiies and celebrating the New Forest. The programme included..
Forest Forge Youth Theatre
In 24-25 we engaged 64 children and young people in 30 weekly youth theatre sessions. These
sessions focus on ensemble theatre and use our anistic ethos. lo enhance and enrich the lives
of oarticipants. Feedback from sessions include(F:
"Dedication, passion. overarching care of the students and cieating an incredibly rich.
knowledÉeable and boundless space fof the kids to be included. nurtured and supported.
create the most wonderful plays and memofies for beyond Ihat, friendships are niade and
lives enhanced" Youth Theatre pafeni

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
In July all the participation groups performed Tales from the Forge In the gardens at the
Waldorf School, tealuring afound 100 performers from our Saturday Drama Clubs, Youth
Theatre. Act Your Age. Branching Oul, Young Company and Waterside Draffla Club. There was
a guest performance from Tales lor an Unruly Audience by Lung and a Half Full.
'B1g thanks to everyone lor rhe Stupendous organisation involved In the day. 01 the
perfoimances I saw, all were wonderful, the scripls, the choreography, Ihe skills ol the
youngsters. That didn't lust happen by iisell but th rough the amazing foresighi of Lucy, Jo and
all the backup team.. participant and performer
Waterside Drama
Waterside Drama Includes two weekly drama se8sions al the British Legion in Fawley and are
iargeie(J to those living on lower incomes and with a Jarticular locus on engaging the settled
Iraveller community in the district. Sessions are deli iered for fr&e thanks lor funding from
Children In Need. This funding finished In March 2025. Discussions about the way forward are
underway.
Act Your Age
Act Your Age 15 our weekly drama sessions lor adults age 55+ In 24-25 we held 30 sessions
and engaged 15 Individuals. They were working towar(Is an Improv performance. Feedback
from the group included=
'It's the highlight of my week"
Piloted Waterside Act Your Age fDr 5 weeks with between 4 and 10 participants. To Lontinue i n
summer 2025.
Game
Game is a weekly session ler adults, offering the opportunily to engage In ioyf ul, active drama
games. Within the year we held 30 sessions and achieved a footprint 01200 pariicipants.
Branching Out
Branching Out. weekly drama session lor adults Wlth learning diff icullies. in partnership with
Blue Apple Theatre, we delivered 30 sessions over the year 10 11 pariicipants. Feedback has
included..
'She really loves the drama sessions. li's been amazing for her contidence and I think It can
really help her speech development.
In addition, we Irialed afternoon 8ranching Oul sessions al Siurts Farim in Ferndobwn with 12
participanis lor 20 sessions.
Schools and Educaiion
Throughoul 2024-25 we continued lo deliver £1 lull and varied progranime In Neb%' Foresi
schools and educational establisMme,'I1s. OI1LJr Ilip 4/ecil OUI £PS%IOI)% IiiL L1 .1 Pcl"IIc Ipini
fooip)rint JI Q4if!I
500, Wlllli a rLIII4

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
After School Clubs al Ringwood junior School and Weston Downland Primary
School, and a pilot term ai Burley Primary School engaging 96 children across
three terms.
An Advanced Theatre after-school programme at Ringwood Secondary School.
engaging 40 young people across 10 weeks.
Producing and delivering elevate with 17 young people. 2 paid Assistanis and 4
creaiives, performing 9 shows to 3 schools.
Becoming the Patron for Theatre at Arts University Bournemouth and running
Applied Theatre sessions at Ans University Bouinemouth as part of the BA in
Acting course.
Two sessions for Moorlands College- Circus Skills and Stage Fighting as part of
their summer residential programme. engaging 60 young people.
We began delivering weekly curriculum and GCSE drama sessions at New Forest
Small School, a culmination of several years of partnership and trust buil(ting-
Workshops for Godolphin School scholars weeKen(J.
7 sessions lor Priestlands school providing choreog."aphy lor their performance
of Adams Family- engag";ng 140 Siudenis per sessicn.
Devising workshops for Bourne Academsy GCSE and A level classes.
6 sessions as pan of a partnership witn Wakey WakeyArts ai three target
schools In the Dorsei area.
"lo was able to maintain safe boundaries whilst creating a space for the children to grow.
panicipate. gain personal Insight and have fun. It w85 amaziig io witness how the children
seemed to evolve over the course ol rwo day5,. they appeared to have grown so much in such a
short period of time., (Lizzie Clark. Trainee Eoucalion Mental Health Practitioner, Dorset
Healthcare NHS Trust)
Community
In 24-25 we dèlivered a range of commun.'ty participatory sessions including=
Creative design worksmops as part ol the HAF programme al Si Barbes Museum.
Movemenr sessions for Arts Work as part of the Neurodive¥sily programme at
Forest Arts Centre
'Drama Game. sessions for 120 childien loi Ihe'Energise Me. activity day in
Iinchester.
6 Workshops as part of rhe Hampshire LiDraries HAF Prograrnme.
A Slorytellirng session as pari ol a pilot Hom8 Education programme at Forest
Ans Cenire.
Gave mentoring and recording space lor Cullufe in Commons Poeiry piece
We also pro'iided enteriainment as part of rhe Ringwood Carnival pronioiing rhai
ypar's Chfisrmas shovi- A Chr,'srmas Carol

FOREST FORGETHEATRE COMPANY
IA company limited by guarantee without share capital)
Artist Development
In 24-25 we continued to support local artists and theatre makers in the New Forest by..
Faci111ating and supporting our Young Company, a group of emerging theaiie
makers aged 18- 30. Throughoul year we provided weekly sessions tor tme group
work together to develop their own artistic practice leadirig to a performance.
This
yearwehad acore groupo17-10.
We launched THE FURNACE-our Artist Development Network. We committed to
hosting lermly meetings as a space lor local creatives to connect and share ideas-
Each Tneeling reached capacity 0130 and Ihe network as over 70 members.
Within the',ear we supporte(l a number ol companies and projects via mentoring.
dramaturgipal suppori, directing Dr providing studio space. These included:
[0
'Fort' by Dorseiborn theatre- rehearsals and preview. An Arts Council funded project that went
on to tour.
'Becoming Simone, R&D Jhase by Liz Garland in partnership with MAST Mayflow,er studios.
'The lane Austen Fan Club, R&D phase by Vic Briggs and Lucy f4ellors- Arts Council Funded.
Throughout the year, Forest Forge continued lo work in gartnership and advocate tor cultural
activity across the New Forest, working closely with Folio and Culture in Common.
Stru¢ture, Staffing and Financial Resilience
In 2024-25, the company benefited from continued consultant support from Sophie Fullerlove.
who provided creative consultancy and strategic guidance during a period of transition. This
ensured coniinuity of leadership and sector expertise w.hile the organisalion undertook
recruitment lor a new permanent Execulive Director. Irs March 2025, Kealy Whenray was
appointed lo the role, bringing renewed capacity and stability lo the core team. The Board and
staff worked collaboratively to embed stronger governance practices and to sustain creative
omenium throughout the year.
The organisation continued to strengthen its business planning and financial resilience. Work
progressed on Ihe 2024-27 Business Plan, with an emphasis on improved processes,
streamlined vision, robust financial Planning, and clearer lorecasiing 10 suppoit long-term
susiainability. These developments are designed to safeguard tne conipany's lutiire security
while alloviing Il to focus resources more effeciively on delivering high-qualily creative work
and deepening Its Impact with communiiies and partners.
Public Benefit
Foresi Forge underta,'(es all ils work lor the pu￿lIC benelil.

FOREST FORGETHEATRE COMPANY
(A company limited by guarantee without share capital}
The Touring Theatre strand of work sees the charity create and tour the8tie to rural venues,
enabling people to see professional theatre in a local venue at subsidised ticket prices. This
enriches the lives of people living in the New Forest, Hampshire. Dorset and Wiltshire. It
provides accessible performances, lostei knowledge, education and recreation. to those who
may not otherwise be able to access theatre due lo barriers including geography, transport,
finances. background or neurodiversity. By touring theatre to village halls and fural venues the
charitable company also brings isolated communities together and encourages community
cohesion.
The Participation Programme provides transformative experiences foi people at every age of
life. By taking par( in drama and theatre workshops, members of the public benefit from
improved health and wellbeing, neiv friendships and a feduction in loneliness, and enhan,=ed
confidence and social skills. All sessions are developed lo be as accessible to everyone. with
prices kept at around 50% of the price of commercial operators in the region.
Our Artist Development strand supports the education and development of emerging theatre
makeTS in the New Forest. It also helpe add value io established artists. This Sirand of work
increases the availability of theatre and theatre-making opportunities in the New Forest and
surrounding region and supporting the creative ecology in the region. This enables the public to
benefit from a,Is and cultural activity and its benefits now and in the ruture.
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 Structure
Forest Forge Theatre Company is a charitable Company limited by guarantee, incorporated on
30th January 1984 and registered as a charity with the Charity Commission. The charitable
Company was estat)lished under a Memorandum of Association which details the objects and
powers of the ¢h8rit8ble company and is govei ned under its Articles of Association. 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 of Association has been deemed lit
for purpose by the Independent Theatre Council.
Flnan¢lal Revlaw
Restricted income for th8 year was £73,044. with an a(Jditional carry forward of E27,967 from
2023-24, with £53,011 of restricted expenditure in the year. The remaining reslricted funds of
£48.000 is 8 grant from Trailfinders towards the Elevate project 2025-27, which was brought
forward for delivery in 2025.26.
In 2024-25. the total income for the charity was £202,487 with expenditure of É270,880. This
resulted in a deficit of £68,393. This deliclt Wa5 anticipated and forms part of a planned

FOREST FORGETHEATRE COMPANY
IA company limited by guarantee without Share capital)
approach to support organisalional Iransition. Funds were allocated from the Strategic
Delivery Fund, Maintenance. facilities and capilal Teplacement fund and Visual Identlty and
Website fund in the previous year to ensure this was fully covered.
Net asseis of the charity now sit at £448.479, with unrestricted funds of £400.479. £240,000
remains investe(J In high-lnterest, non-accessible investments, providing a new Income
st", eam ail d further supportingthe long-term susiainability of the company.
Reserves Policy
Tho Trusiees of Forest FoTge Theatre Company aimi lo maintain reserves to support the delivery
of the charity's objectives and work and to minimise.-Isk to the organisation.
To protect the charity and plan for the future the Truotees agreed on a new reserves policy
which Is ', eviewed annually.
T*e companies unrestricted designated reserves are allocated as follows:
J Winding Up Costs
Forest Forge holds ES0.000 of designated emergency reserves. This equates to six
onths running costs. These funds are set aside for the security ol the company and lo
cover any necessary winding up costs. in line with Charity Commission guidance.
Strategic Delivery Fund (Planned Deficit Fund)
Tle Trustees nave allocated reserves to support planned budget deficils 2024-25 and
202i-2026 as the charity builds back to a sustainable delivery and financial model. This
reserve Is currently £124.793.
Maintenance. facililies, and capital replacement fund
Forest Forge has sei aside £30.000 for new equipment and the ongoing mainienance
and suppot of the company van. This fund is managed in conjunction with the capital
replacement plan which is upijated annually by the Trustees. In 2024-25 8 total of
£7,314 was spent resulting in a new total of £22,686.
Special Projects
£20,000 Is sei aside for special projects Ihat the Trustees agree will advance the arlistic
policy of the company, help to achieve its mission, public benefits and suppori the
company linancially. Proposals for use of this fund can be macle by Ihe staff ieam to the
Trustees at quarterly meeiings.
Youth Theatre Bursary Fund
Forest Forge Theatre holds £5,000 of ringienced funds 10 supporl youth Imealre
members via a bufsary sctteffle. This lund mi1y i)e suppleinenled by gfcinis and public
donations.
Visual Identity and Websiie Refresh
In order to deliver t*e new business plan and pul Ilie organ,sation in the L)est place to
serve ils beneficiaries ihe company requ,,¢es a refresh ol ils visual Ideiiily and websile.
io

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
The trustees set aside E20,000 lor this work, which was completed In 2024-25. with the
reseNe now closed.
New Building Fund
£178.000 is designated to a new building fund to support the company in the
acquisition of a new premises.
At the end of each financial year, any surplus will be designated by the Trusiees across the
funds described in accordance with the need ol the charity ai that time, informed by ihe
business plan. capital replacement plan and charity risk register.
Risk Management
The Trustee5 have developed a new Risk Management plan which IS reviewed at quarterly
board meeiings.11 assesses and seeks 10 rllitigate the risks lo which the charity Is exposed,
including fi iancial, operational, anisiic and reputaiional risks.
A key risk ic.entilied is the long-term financial sustainability of the oiganisation, with a new
business plan developed with the key aim to returning the organization 10 a breakeven
position.
Policies. procedures and insurances are in place to reduce the risks in area5 including Health
and Safety, safeguarding and data protection.
Future Plans
Forest Forge's priority in the short term Is lo embed its new business plan and structLJre io
begin to turn around the financial position and reputation of the company. Key activities will
Include:
Delivering new and improved programmes of touring theatre includind Suitcase Stories,
Christmas Show and a return to UK rural touring networks with a new show In 2025-26.
Develop lunher partnerships within the Artist Development network focusing on MAST,
AUB and Folio.
Developing the quality ol our PartiClP81ion programme driving increased engagement
numbers and earned Income.
The development of new fundraising and income generation plans. including applying for
Theatre TaA Relief for eligible productions.
A new 8pproach lo advocacy and communications, with a locus on raising the profile ol
the organizalion among regional decision makers and stakeholders.
li

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
Trustees
The Trustees, who are also the directors for the purpose of company law. and who served
during the year and up to the dale of signaiure ot the financial statements were:
Ms. N Ratcliffe Wilson
Dr. M Bentinck (Chairl
Ms. G Gould
Mr. M Wilson
Ms. V Briggs
Ms. L Smith-Hoad
Mr. J Swyer
Ms. J Taylor
Mr. DMSWaugh
Mr. MI Wilson
Ms S Fullerlove IC iairl
(Resigned 31 March 20251
IResigned 31 March 20251
(Resigned 31 March 20251
IAppointed 25 April 2024
(Appointed 10 July 20241
(Appointed 10 July 20241
(Appointed 22 January 20251
IAppointed 22 January 20251
(Appointed 22 January 20251
(Appointed 25 April 20241
(Appointed 1, April 20251
All Trustees are proposed. seconded. and appointed by the Board and hold Off ice for three
years before re-election. All Trustees are required to sign confirmation of their ability and
willingness ta act in line with The Charity Commission's guidance T.le Essential Trustee ICC31
and The Good Governance Code.
12

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
Statement of Trustees, re$ponsibllltie5
The Trustees. who are also the directors of Forest Forge Theatre Company for the purpose of
company law, are responsible for preparing the Trustees, Fleporl and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Geneially Accepted Accounting Practice).
Company Law requires the Trustees lo prepare financial slarements lor each financial year
which give a true and fair view of the stale ol aff airs ol the charity and of the incoming
resources and application of resources. including the income and expenditure, of the
charitable company for that year.
In preparing these financial statements, Ihe Trustees are required lo..
select suitable accounting policiJs and then apply them consistently,.
observe the methods and principles in the Charities SORP..
make judgements and estimates that are reasonable and prudent- and
prepare the financial staiements on the going concern basis unless il is inappropriate to
presume that Ihe charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with
reasonable accuracy al aiiy time the financial position of the charity and enable-.hem lo
ensure that the financial statements comply with the Companies Act 2006.
They 8re also responsible for safeguarding the assets ol the charity and hence for iaking
reasonable steps lor the prevention and detection ol fraud and other irregularities. The
Trustees, report was approved by the 8oard ol Trustees.
Ms S Fullerlove
Chair
Dated.. 15" October 2025
l3

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
ACCOUNTANT'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Report to the Trustees on Ihe preparation of the unaudited statutory financial Statements of
FOREST FORGE THEATRE COMPANY In order to assist YDU lo lulfil your duties under the
Conipaiiies Act 2006, we have prepared lor your approval the financial statements of the
company which include, the profit and loss accounts the balance sheet and the related notes
from the company, accounting records of FOREST FORGE THEATRE COMPANY for the year
ended 31 March 2025 as set out on pages 16 . 18 from the Company's accounting records and
from information and explanations you have given us.
As a practising member of the Association of Charlered Certified Accountants. we are subject
to Its ethical and other professional requirements wliich are detailed at
I￿ly￿￿o￿agIO0£?￿.c￿lM}YkIe￿Idbo_Ut-uS1LeguldLlQ_￿IrUIeo_0Ok. hrnil
This report Is made solely to the charity trusiees of FJREST FORGE THEATRE COMPANY. as a
botty, in accordance with the terms of our engagement letter dated 24 April 2024. Our work has
been undertaken solely to prepare for your approval the accounts of FOREST FORGE THEATRE
COMPANY and state those mallers that we have agreed to state to the Trustees of foREST
FORGE THEATRE COMPANY as a body in this report in accordance with the requirements of
the Association of Chartered Certified Accountants as detailed al-.
ilQS.'./I￿.?.cC8£IQbal.ComIcQnteQT1u￿m1ACcLGto￿IauTecbniCal/f￿CrItf-1S3-l￿rn-24.pdt
To the fullest extent permitted by law, we do not accept or resume responsibility to anyone
other than FOREST FORGE THEATRE and its Board of Trustees as a body for our work for this
report.
It is your duty to ensure that FOREST FORGE THEATRE COMPANY has kept adequate
accounting records, and to prepare staturory accounts thai give a true and fair view of the
assets, liabilities, financial position and surplus or deficit of FOREST FORGE THEATRE
COMPANY. You consider that FOREST FORGE THEATRE COMPANY is exempt from the
st8tuiory au(Jit requirement lor the year.
We ha'ie not been Instructed to carry out an audit or a review of the accounts of
FOREST FORGE THEATRE. For this reason, we have not verified Ihe accu racy or completeness
of tne accounring records or information and explanations you have given 10 us and we do not.
therefore, express any opinion on the statutory accounts.
Janice Willis FCCA
Cloud Ele'ien Accounianis Lid
Datp l O, Ociober 2025
IJ

FOREST FORGETHEATRE COMPANY
IA company limited by guarantee without share capital)
INDEPENDENTEXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent examiner's reportto thetrustee5 of Forest ForgeTheatre Companyl'the
Company")
I report to the charity trustees on my examination of the accounts for the Company for rhe year
ended 31 March 2025.
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 lor the preparation ol the accounts In accordance with the
requiremeiils of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts ol the Company are not required 10 be audited under
Part 16 of tje 2006 Aci and are eligible for independent examination. I report in respect of my
examinati04 of your charity's accounts as carried out under seciion 145 ot the Charities Act
2011 1.the 2011 Act'l. In carrying out my examination I have followe(J Ihe Directions given by
The Charity Commission under section 1L5151 Ibl of the 2011 Act.
Independent examiner's statement
Since Ihe Company's gross income did notexceed £250,0￿yOUr examinerdoes not need to
be a member of a body listed in seciion 145 of the 2011 Act. however I confirm that l am
qualified ro undertake the examination because l am a member of ICAEW IFCAI, which is one
of the listecl bodies.
I have completea my examination. I confirm Ihat no mattefs 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
of the 2006 Act-. or
2. the accounts do not accord wilh rhose records: or
3. the accoun'.s do not comply with Ihe accounting requiiements ol section 396 ot rhe
2006 Acr Other than any requiiemeni thai the accounts givè a 'lrue and faif view which
Is not a matter considered as part ol an independeni examination: or
4. rhe accounts have nol been prepared in accordance wilh the methods and principles of
thp Slaiement of Recommended Practice for accounting and ieporiing by charities, In
accordance with the FRS 102.
I have no concerns and have come across no other mailers in conneclion with the
examination lo vvnich aiteniion should be drawn In this report In older lo enable a proper
unoerstanding of rhe accounts lo be reachecl.
6lkngolJ
Teresa Rogers 8FP FCA
Director
14" October 2025
15

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THEYEAR ENDED 31 MARCH 2025
Ilncluding Income and Expenditure Accounti
Statement of FinancialActivities
Unrestricted
funds
Restricted
funds
Total
2025
Note
Income and endowments
From:
Donations and legacies
Charitable activities
Other trading aciivities
Investment income
63,283
62.604
155
73.044
136,327
62,604
155
2,598
803
2,598
803
Other incorne
Total Income
129.443
73,044
202.487
Expenditure on:
Raisingfunjs
Charitable Activities
10,606
207.263
10,606
260.274
53.011
Total Expenditure:
217.869
53.011
270,880
Net income
Transfers between funds
188.4261
20.033
168,3931
Net movement in funds
Reconciliation of f und$
Total funds brought forward
Total funds carried forward
488,905
400.479
27,967
48,000
516.872
448,479
19
16

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
2024
Unrestricted
funds
2024
Restricted
funds
Total
2024
Prior year
Note
Income and Endowments
From:
Donations and legacies
Charitable aciivities
Other trading act￿VIlIeS
Investment income
Other income
15.863
37.508
150
40,724
56.587
37.508
150
39
39
274.741
274,741
Total Income
328.301
40.724
369.02i
Expenditure on:
Raisingfunds
Charita ble Activities
12.999
183.352
12.999
215,048
31,696
Total Expenditure:
196.351
31.696
228,047
Net Income
Transfers between funds
Net movement In funds
131,950
9,028
140.978
Reconciliation of funds
Total funds brought forviard
Total f unds cafried lorward
356,955
488,905
18,939
27.967
375,894
19
516.872
Thp statempnt of financial activiiies Includes all gains and losses recognised In the year.
All income and expenditufe deii'ie Iroffl continuing acliviiies.
The statempnt ol tinanpial acrivifies also complies with tne 18quireinenis loi ali Inconie cqnd
pxpefjditijre accouni u ndpr ihe Conipanies Aci ?006.
17

FOREST FORGETHEATRE COMPANY
IA compai)y limited by guarantee without share capit8l)
BALANCE SHEET
AS AT 31 March 2025
Balance Sheet
2025
2024
Note
FIXED ASSETS
Tangible assets
14
17,722
17.722
CURRENT ASSETS
Debtors
15
21.406
10,129
Cash at bank and in hand
422,503
443,909
504.498
514,627
CREDITORS..
amounts fallingdue
within one year
16
113,1521
116,9521
NET CURRENT ILIABILITIESII
ASSETS
430,757
497.675
Total assets les$ Current
liabilities
448,479
516,872
Creditors.. amounts falling due
after more than one year
NET ASSETS
448,479
51ti,872
Funds of the Charity:
Aestflcted income funds
Unrestricied Funds
Designoled Funds
48,000
27,967
5,905
J83,000
400,479
TOTAL FUNDS
20
448,479
51ti,872
Ib

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without Share capital)
BALANCE SHEET (continued)
AS AT 31 March 2025
The charitable conip2rny is enlilled lo the exemption from the audit requirement contained In
section 477 01 the Companies Act 2006, lor Ihe year ended 31 March 2025.
The Trustees acknowledge their responsibilities for ensuring thai the chariiable company
keeps accounting records which comply i14ilh section 386 01 the Act and lor preparing financial
statemonts w'hich give a true and fail view of the state of affairs ol the chariiable company as
at the end ol the tinancial year and ol Ils incoming resources and applicaiion ol resources,
Includiiig lis Income and expendilure, lor the financial year In Jccordance with Ihe
requiremeiits of sections 394 and 395 anij which otherwise comp'.y with the requirements ol
the CompGnies Act 2006 relating lo financial siatements, so far aL? appiicaole to the charitable
company.
The memb ir5 have not required the company to obtain an audit o", ils financial starements for
the year in 4ueslion in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable
to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 15" October 2025.
Ms S Fulleriove (Chairl
Trustee
Registered Number.. 01787316
Charily Regisiration Number-. 289644

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
Charity informatlon
Forest Forge Theatre Company is a private chariiat)le company limited by guarantee
incorporated in England and Wales. The Registered Off Ice Is First Floor, Pintail House. Duck
Island Lane, Ringwood, Hampshire. BH24 3AA.
1.1 Accounting conventlon
The tinancial slaiements have been prepared in accordance with the charity's governing
document, the Companies Act 2006 and "Ac¢our)ting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts In accordance with
the Financial Reporting Standard applicable in the UK an(1 Republic of Ireland IF"RS 1021" las
amended for accounting periods commencing from 1 January 20161. The charitr,I Is a Putr)Iic
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP lor charities applying FRS 102
Updaie Bulletin 1 not to prepare a Statement ol Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the
charity. Moneiary amounts In Ihese financial statements are rounded to rhe nearest pound.
The financial statemenis have been preparecl uncler rhe historical cosi convention, modified io
Include the ;evaluaiion of freehold properties and to include investment properties and certain
'inancial instruments at lair value. The principal accouiting policies adopted are sel out
oelow.
1.2 Going concern
At the time ol approving the financial stalemenls, the Trustees have a reasonable expectation
that W1th the conlinualion of rhe approved transitional business plan, the charity has adequate
resources to continue In operational existence lor the foreseeable future.
20

FOREST FORGE THEATRE COMPANY
IA company limited byguarantee without share capital)
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance ot their
charitable objectives unless the funds have been designated for other purposes. Designaied
funds are unrestricted funds which have been earmarked lor a particular purpose, within the
objects of the charitable company by the Trustees. Resiricled funds are subject lo specific
conditions by donors as to how they may be used. The purposes and uses of the restricted
funds are set out in the notes to the financial statements.
Ineomin8 resources
Income is recognised when the chaiity is legally enriiled to It after any performance conditions
have been mel. the amounts can be measu¥e(I reliably. and It15 probable that Income wil,: be
received.
Cash donations are Tecognised on rectsipi. Oiher donations are recognised once the charity
has been notilied of the donation, unless pertormance cond1tions require deferral of the
amount. Income lax recoverable in relalion lo Oonations received under Gift Aid or deeds of
covenant is recognised at the time ol lie donation.
Income from grants, whelh.er'capital' grants or'revenue. gfants. is recognised when the
chaTIty has enlitlemeni to Ihe funds. any performance conditions attached to the granis have
een met. it is probable that the income will be received. and Ihe amount can be measured
reliably and is not (ielerred.
Resources expended
Liabilities are recognised as expenditu"e as soon as there is a legal or consiructive obligation
committing the charity to that expendilure, It is probably thai a Iransler of economic benefits
will be required in settlemenl, and the amount of Ihe obligation can be measured reliably.
Expenditure is accounteii for on an accruals basis and has been classified unde,- headings that
aggregate all cost related to the category. where costs cannot be dii ectly attributed lo
panicular he?.ding they have been allocated lo activities on a basis consisteni with the use of
resources.
1.6 Tangiblefixed assets
Taigible fixed assets are Initially measured at CQSI and sut)sequenily measureo at cost or
valuation. nei of (iepreciation and any Impairment losses.
Depreciation Is recognised so as to wriie off the cosi or valuation of assèts les5 their residual
values over rheir useful lives on the following bases-.
Asset Class
FIxiLJres and fillings
Computers
Motor vehicles
Leasehold Improvemenis
ol the lease.
Deprecialion method and rate
20% on reducing balance basis
33010 on siraighl line basis
20% on reducing t)alance basis
16.67Vo srraight line basis in line with the life

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
NOTES TO THE FINANCIAL STATEMENTS (continued)
The gain or loss arising on the disposal of an assei is determined as the difference between the
sale proceeds and the carrying value of the asset and Is recognised In nei incomel
lexpeiiditurel for the year.
Impairment of fixed assets
At each reporting end date, Ihe charity Teviews the carrying amounts of its tangible assets to
determine whether there is any Indicaiion that tkose assets have suffered an Impairment loss.
If any such ind1cation exists, the Tecoverable amouvi ol the asset Is estimaied In order to
determine the extent of the impairment IDSS lif anyl-
Cash and cash equivalents
Cash and cash equivalents Include cash in han(J. ijeposits held at call w1th banks. other short-
term liquid invesiments with original maturities of tfiree montns or less. and bank overdrafts.
Bank overdrafts are shown within borrowings in current liatjililies.
Financial inslruments
The charity has elected to apply the provisions of Seciion 11 'Basic Financial Instruments. and
Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its linancial instruments.
1.10 Employee benefits
The cost of any unused holiday entitlement IS fecognised in the period In which the employee's
services are received. Termination benefits are recognised immediately as an expense when
l*e charity is demonstrablycommitted to terminate the employment of an employee or to
provide te,'mination benefits.
1.11 Retirement benefits
Payments lo ctefined contribution retirement benefit schemes are charged as an expense as
Iney fall due.
Critical accountingestimates and judgements
In the application of the charity's accounting policies. the Trustees are required to make
judgements. estimates and assumptions about the carrying amount of assets and Iiabilitieg
that are not readily apparent from other sources. The esiimaies and associated assumptions
are based on historical experience and other faciors that are considered to be relevant. ActLial
results may diff er from these estimates.
Tne esr",mates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accou nti ng esiimates are recognised in the period In wnich Ine estimate Is revised where trie
revision affecis only thai period. or In the period ol ihe revision and lulure periods where the
r¢iJision aftects both current a rbd liitijro oerio(Js.

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
The 8nnual depreciation charge is considered with reference to the estimaied useful
economic lives and residual value of the assets. The useful economic lives and residual values
are re-assessed annually.
Income recognition is considered with reference lo the service level agreement, grant
agreement or Oiher supporting documentation. to ensure cut off is correctly slated at the point
of entitlement.
Allocation of costs are considered and allocated accordingly between direct, support within
the relevant category.
There v.'ere no other key sources ol estimation uncertainty orjJdgemenls.
3. Donations and Grants
Unrestricted
funds
Restricted
funds
Total
2024
Total 2025
Donations
3,483
S2,244
20.800
55.727
11,988
44.S99
Grants
59,800
80.600
Others
63,283
73,044
136,327
56.587
4. Charitable activities
Charitable
activities
2025
Charitable
activilies
2024
Production
3,764
6.808
Creative Learning
granching Out
arned IIicgrne-Touring
Theatre
38,788
1,120
30.699
18,932
62.604
37,507
23

FOREST FORGETHEATRE COMPANY
IA company limited by guarantee without share capitall
5. Other trading activities
Unr•slricted
funds
Total
2024
Total 2025
Friends Scheme
155
155
150
6. Investments
Unrestricted
funds
Total
2024
Tot412025
Interest receivable and similar income
Interest receivable
2.598
2.598
39
7. Other income
Unrestricted
funds
Total
2024
Tota12025
Rental ancj tr.5re sncome
800
1.630
Sun(Jry Incorne
255
Other Income
272.856
803
803
274.741
8. Raising Funds
Unre$tri¢t$d
funds General
Rtsstricted
Fund$
Total
2025
Total
2024
EnLlilu,'e on rBJsiD
lun¢s
Sundrips
Marketing
Otypr tunrtra..sing cosrs
Siaff rcsls
475
475
612
10.131
10,606
10,131
10.606
12.387
12.999
NOTES TO THE FINANCIAL STATEMENTS (continued)

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without share capital)
9. Charitable Activities
Descrlptlon
Creatlve
Learnlng
2025
Productlon
2025
Other
Costs
2025
Total
2025
Total
2024
Staff costs
Production costs
Freelance fees
MaTketing
Insurance
Rates and water
Postage ano
stationery
Telephone
Computercosts
Maintenance costs
Motor and tra,￿e{
Subscription3
Sundries
Erlucational support
Total
41,199
51,211
15,799
7.537
1.146
650
10,131
2,159
51,330
53.370
15,799
15.074
2,292
1,300
62.763
13,230
13,972
1.024
2.236
9.222
861
7.537
1,146
650
1,193
2,175
16.797
662
225
355
1,194
2.175
16.798
717
224
356
2.387
4.350
33,595
1,379
449
711
4,125
.384
11,056
7.876
471
918
11501
134.968
138.949
43,087
182.036
Share ofsupport
costs
(see note 101
14.993
10,258
14,204
39.455
34,064
Share of governance
costs
15ee note l 01
38.783
38.783
46.016
Share of Other
C05tslsee note 101
153,942
53.345
52.987
260.274
215.048
Analysis byfund
Unrestricted lunds
Restricted fun¢J$
100,931
53,011
153,942
53.345
52,987
207.263
53,011
260.274
183.352
31,696
215,048
53,345
52,987
25

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
10. Support cosls
Total
Basis of
Other
Support
Costs
Governance
Costs
Total
2025
2024
allo¢atron
Costs
Staff costs
Depreciation
Freelance fees
6.079
4,853
1,625
15,074
2.291
7,432
3.334
1.552
6,079
4.853
1.625
Marketing
Insurance
Mainteii ance and
computtsr cost5
Educational
suppon
Support costs
heading 8
Sundries
15.074
2,291
1.024
2.236
12.852
6.478
6,478
14501
1,000
2.770
2.770
3.568
Bank charges
Legal and
professional
RecrLltment
285
285
1.515
37.888
895
37,888
895
46.016
39.455
38,783
78.238
80,079
Analjsed tietween
C1arir8glp
39,455
38.783
78.238
80,079
26

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
11. Net movement in funds
Net movement In funds Is staled after charging/ Icreditingi".
Total
2025
Total
2024
Depreciation ol owned langiL)le fixed assets
4,853
3.334
12. Trustees
None of the Trustees lor any persons connected with them) received ary remuneraiion or benefits from
rhe cnarity rluring the year.
13. Employee$
Numberofemploytres
The average monthly number ol employees
during the year was.
2025
2024
Employment¢ost$
2025
2024
Wages and 58laries
Social securipj cosis
Other pension cos15
60,580
5,595
75.800
5.509
1,354
1,094
82.403
67.529
There were no employees whose annual remunerationwas £60.000 or more.

FOREST FORGETHEATRE COMPANY
IA company limited by guarantee without share capital)
NOTES TO THE FINANCIAL STATEMENTS (continued)
14. T•ngible Fixed Assets
LeasehDIO
improve-
ments
Flxtures
Motor
Vohicles
Computer
Equlpmeni
Total
Flttings
COST
Al beginnirlg ol
year
5.361
105,932
3,350
36,944
151,587
Disposals
Aoditions
3.378
3.378
At end of year
8.739
705,932
3.350
36,944
1>4,965
DEPRECIATION
Ai beginning ol
year
D15?0sals
Cyargeforthe
59
93,495
36.585
132,390
2.020
2,487
220
126
4.853
At end ofyear
2.079
95,982
2,472
36,710
137,243
NET BOOK
VALUES
As at 31 March
2025
6,660
9.950
878
234
17.722
k= 2t31 Marc•
5.302
12.437
1.098
359
19,197
15. Debtors
AmoiJr.i% lull.fj8 dup 'Nithin onp year..
2025
?0?4
Tfa(Je dpt)t¢rs
5.275
Otfr,pr detrJtrJrs
9,698
Prppa'iment8 and ?ff fcfupd Incr m
6,433
21,406
10.129
28

FOREST FORGE THEATRE COMPANY
(A company limited by guarantee without share capital)
16. Creditors: amounts falllng due wlthln one year
N¢t•#
2025
2024
8ank loans
17
Other borrowings
Qthar t8xation 8r)d social
security
Trade creditors
17
2.000
2.811
4.878
2.099
8.118
Other creditors
264
Accruals and ¢efeTred incorne
5,463
4,471
13,152
16,952
17. Loans and overdrafts
2025
2024
Bank loans
Director's Loans
2,000
2.000
Payable within one year
Payable after one ye8r
Amounts includecf above which
fall due after live years:
P8yable by in$talments
Bank loans incurred intefest at 2.5096 per annum. lixed for Ihe duration of the loan.
The106n vi88 fully repaid during the year.
18. Retlr•m•nt ben6flt •ch•m•s
Deflned contrlbutlon •¢heme¥
The charity operates a deflned contributlon pension 8chema lof all qualifylng amploy•83. Tha assets of
the scheme are held sep8r8tely Irom those of the ch8rity In an Indep6ndonily admlnlstered lun(t,
The charge to profit or loss in respect of deflned contribution 8chomes was £1.35412024- £10941.
29

FOREST FORGE THEATRE COMPANY
IA comp8ny limited by guarantee without share capital)
NOTES TO THE FINANCIAL STATEMENTS (continued)
19. Restricted Funds
The Income funds ol the charity include restricted lund5 compr151ng the following unexpènded
L781ances ol donations and graiits held on trust Ioi specific purposes..
Bolance
at
1 April
2024
Balance
at
31 Marcb
2025
Incoming
r&soufCèS
Resources
expended
Restricted Funds
Clevate- ARTS Council England
14.845
1,650
116.4951
levaie- Art5 University
Bournemoulh
2a0
12001
Elevate-lnoividual Doner
WDrdsmitns-Individual
donations
48,000
48,000
889
5,000
Wordsmilhs-Energise Me
15.0001
ampshiir County Council-
Br8nching Out
3.820
13,8201
Now Forosi Distiici Council-
TO￿￿1rd dvor
12.450
112,450
Cp,Idrpg iri Neec 2024
Ne'i4 ¢ancp floor- Energise Me
9,302
19.3021
11.5001
1500
Ariists devplopments donations
3,355
13.3551
Totol Fund$
27.967
73,044
153,0111
48.000
Tkp nniioien In Need Grants. ielaie lo monies received lo aid iii the piovi&ioii ol dratna worksl)ops and
2fQUQ thoatrp iifjik Irjr riiilrtren and young people from spltled giypsy dn(I Iiavellei coinmuiiilies.
t4p.pi forr,si D,tslrirt Coun(.'Il Grani£ wpre received lowoids capilL11 work.8, COIB lunds aiid ge118fKII
l)uil(Jing crJSI'j,')n(J has l)ppn lully %pf:ni In Ih? yecll
3LI

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
Balance
at
1 April 2024
Balance
Tr8nsfery
Tran9fers
OLtt
31 March 2025
Designated and
Unrestricted Funds
Forest Forge Emèrgency
reserves
50,000
50.000
Strategic delivery fund
180.000
155.2071
124, 793
30,000
17,3141
22,686
Maintenance. lacilit1es.
and capital reDlacement
furTrd
Special projects
20.000
20,000
Youth Theatre Bursary
fund
5,000
5,000
Visual Identitv and
website refresh
20,000
120,0001
Nowbuildingfunrj
178,000
178,000
esignaied Funds
n,'estricted funds
483,000
182,5211
188.4261
117J,9471
400,479
5,905
82,521
Total Funds
488.905
82,521
400.479

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
20. Analysis of net assets between tundy
2025
Unrestricted
2025
Aestri¢ted
Total
2025
Tot81
2024
Funds balances at 31 March
2025 are represented by-.
Tangible assets
Current 8ssetsllliabilitiesl
Long term Liabilities
Total net assets
17,722
382.757
17.722
430,757
19,197
497.675
48,000
400,479
48,000
448,479
516,872
21. Operating lease Commitments
At the reportip,g end date tlie charity had outstanding commitments for future minimum lease
payments under non-cancellable operattng leases, which fall ttue as follows..
2025
2024
Within one year
28.150
111.717
17,950
83.767
Greater than one year
22. Related partytransactions
Remunefation of key management personnel
Thp rprnunerar'on ol ke/ management personnel is as follows.
202$
2024
Aggfegate compensation
60,580
75.800
32

FOREST FORGE THEATRE COMPANY
IA company limited by guarantee without share capital)
20. Analysis of net as8815 between fundy
2025
Unreglricted
2025
R•¥tricted
Total
2025
Total
2024
Funds balances at 31 Morch
2025 are representerj by..
Tangible assets
Current asselsllliabilitiesl
Longterm Liabilities
Total net assets
17,722
382,757
17,722
430,757
19,197
497.675
48,000
400,479
48,000
448,479
516,872
21. Operatingiease commitment5
At the reponing en(1 date tlie charity had outstandirFg commitments lor future minimum lease
payments under non-cancellable operating leases. which fall dLse as follows..
2025
2024
Within one year
28,150
111,717
Greater than one year
17,950
83,767
22. Related party trans8¢tions
Remuneration of key management personn&l
The remuneration ol keli management personnel is as follows.
2025
2024
Aggregate compensaiion
60,S80
75,800
32