Company registration number: 01933168 Charity registration number: 292448
## Wokingham Theatre
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 August 2025
Vale & West Accountancy Services Limited Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
## **Wokingham Theatre**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Independent Auditors' Report|6 to 9|
|Statement of Financial Activities|10|
|Balance Sheet|11|
|Notes to the Financial Statements|12 to 17|
## **Wokingham Theatre**
## **Reference and Administrative Details**
**Trustees** Ms S Daykin Mr N Goodhand Mrs D Hogg Mr S E Joy Mrs C J Lawrence Ms S Pierce Mrs S Vallely Mr G Rees Ms E Merchant Mr J C Radburn Mr C Westgate **Secretary** Ms S De Quidt **Charity Registration Number** 292448 **Company Registration Number** 01933168 The charity is incorporated in England and Wales. **Registered Office** Twyford Road Wokingham Berkshire RG40 5TU **Auditor** Vale & West Accountancy Services Limited Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
Page 1
## **Wokingham Theatre**
## **Trustees' Report**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting 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 and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Objectives and activities**
## **Objectives, strategies and activities**
The principal activity of Wokingham Theatre (the Theatre or WT) is to promote the enjoyment of all aspects of theatre in the Wokingham area and to provide facilities and opportunities for its members to participate in such activities.
## **Use of volunteers**
Theatre membership is open to anyone over the age of 16 against an annual subscription of £20 (£5 for students) and those members work on an unpaid basis to carry out all the activities associated with staging performances, maintaining the building and equipment, administering the Theatre, and running the Youth Theatre.
There are no selection criteria for members, and all members receive a monthly newsletter which includes notification of show auditions as well as appeals for assistance in other aspects of the Theatre's activities such as helping Front of House during productions.
## **Achievements and performance**
We were able to provide a full schedule of eight productions in 2024-25.
In 2023-24 we sold an average of 93% of tickets available; in 2024-25 we were slightly below this figure (91.5%) but this is still something to be very proud of. We are pleased to see that we continue to draw in such good audiences and that many patrons are returning repeatedly to enjoy what WT offers.
The target for 2025/26 is set at 90% although we of course hope to beat that. However, we do feel it better to set manageable expectations and exceed them.
The Youth Theatre was able to offer a full schedule of in-theatre classes in all three terms and held a showcase in the summer term. In addition, the Youth Theatre had their own production held over 3 days (4 shows) in February 2025.
The Board is keen to make the Theatre's facilities available to the wider community when it is not required for our own activities. A wide range of community or commercial groups use the theatre space, and we support this with volunteer staff where needed. We were able to provide 7 full performances for a wide range of local charities to use as part of their fund-raising activities; this will remain at 7 in 2025-26.
WT has used professional 'fight training and intimacy co-ordinator' services for productions where the production has required it. We will continue to look to offer further training opportunities to members where budget allows and there is an identified need.
Page 2
## **Wokingham Theatre**
## **Trustees' Report**
## **Financial review**
## _**Policy on reserves**_
The Theatre has no outstanding loans or other financial commitments. Budgets are agreed by the Board at the start of the financial year - based on past expenditure and any planned variation from the norm. Through the monthly financial reporting, the Board is able to ensure that sufficient funds are available to meet anticipated spend. At the end of the financial year the Theatre had reserves of £1,017,778 and remains a going concern.
## _**Investment policy and objectives**_
Overall, the Theatre's policy is to identify its accumulated retained profit as a "building fund" to finance future enhancements to the property and its facilities.
The plans for building a Studio continue; in 2024-25 we have received planning permission for the rest of the building works (including the Studio).
The plan is still to proceed in phases, and the Board will consider the financial implications before each phase is started. At this stage it is not planned to seek loans to cover the works; the aim would be to finance the works from our reserves over the coming years (but this is subject to further review by the board). This will be the subject of further discussions and planning at the Board level as we seek to put together a more strategic plan. We did see some cost increases due to ongoing inflationary issues, but less than forecast (as inflation rates decreased and some expected increases did not happen at all).
Our Energy costs are well under control now; we took the opportunity to renegotiate our contracts and as a result our Electricity rates decreased. Gas prices did increase – but by less than the Electricity reduction – so overall our energy costs were lower.
Ticket prices remained the same for the 2024-25 season and into the 2025-26 season. Members have already agreed a price increase for the 2026-27 season which will go on sale in May 2026.
With no large capital project due to start soon, we have not applied for grants, and so fundraising has been more limited again this year. The Building project is subject to review in the coming financial year, but as we have no idea at this stage what costs are or when work will start, we have not put a figure in the 2025/26 forecast.
Any costs that we do agree / incur are planned to come from our existing reserves, and so we are not planning any specific fundraising activities at this stage.
We did receive a significant sum of £5,000 as a grant which has been allocated to the Youth Theatre, and is in the overall Gift Aid & Donations we received which was £7,534 for the year.
## **Plans for future periods**
## _**Aims and key objectives for future periods**_
There are no plans to make fundamental changes to the Theatre's annual programme of activities or way of operating. The Board's policy is to maintain and build on our strong position in the community by offering a varied and challenging programme for our members and audiences and by making ourselves accessible to a broad spectrum of the local community.
Page 3
## **Wokingham Theatre**
## **Trustees' Report**
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Ms S Daykin Mr N Goodhand Mrs D Hogg Mr S E Joy Mrs C J Lawrence Ms S Pierce Mrs S Vallely Mr G Rees Ms E Merchant (appointed 21 May 2025) Mr J C Radburn (appointed 19 November 2024) Mr C Westgate (appointed 21 May 2025) Mr J C Gold (resigned 21 May 2025) Ms B Hampton (resigned 21 May 2025) Mr A P Long (resigned 19 November 2024) Secretary: Ms S De Quidt
## **Structure, governance and management**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 4
## **Wokingham Theatre**
## **Trustees' Report**
## **Statement of trustees' responsibilities**
The trustees (who are also the directors of Wokingham Theatre for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Disclosure of information to auditor**
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware.
The annual report was approved by the trustees of the charity on 17 December 2025 and signed on its behalf by:
Ms S De Quidt Company secretary
Page 5
## **Wokingham Theatre**
## **Independent Auditor's Report to the Members of Wokingham Theatre**
## **Opinion**
We have audited the financial statements of Wokingham Theatre (the 'charity') for the year ended 31 August 2025, which comprise the Statement of Financial Activities, Balance Sheet, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and applicable law (United Kingdom Generally Accepted Accounting Practice).
- In our opinion the financial statements:
- give a true and fair view of the state of the charity's affairs as at 31 August 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Page 6
## **Wokingham Theatre**
## **Independent Auditor's Report to the Members of Wokingham Theatre**
## **Opinion on other matter prescribed by the Companies Act 2006**
- In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Trustees' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Trustees' Report has been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the Statement of trustees' responsibilities (set out on page 5), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
## **Auditor responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Page 7
## **Wokingham Theatre**
## **Independent Auditor's Report to the Members of Wokingham Theatre**
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:
- the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector;
- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment,and health and safety legislation;
- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and
- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
- performed analytical procedures to identify any unusual or unexpected relationships;
- tested journal entries to identify unusual transactions;
- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and
- investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
- agreeing financial statement disclosures to underlying supporting documentation;
- reading the minutes of meetings of those charged with governance; and
- enquiring of management as to actual and potential litigation and claims.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 8
## **Wokingham Theatre**
## **Independent Auditor's Report to the Members of Wokingham Theatre**
## **Use of our report**
This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Lee Gardner FCA (Senior Statutory Auditor) For and on behalf of Vale & West Accountancy Services Limited Chartered Accountants Statutory Auditors Victoria House 26 Queen Victoria Street Reading Berkshire RG1 1TG
7 January 2026
Page 9
## **Wokingham Theatre**
## **Statement of Financial Activities for the Year Ended 31 August 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Other trading activities
4
Investment income
5
Other income
Total income
**Expenditure on:**
Raising funds
Charitable activities
Other expenditure
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
10|**Total**
**2025**
**£**
7,534
246,174
24,316
2,953
280,977
(66,213)
(70,293)
(45,972)
(182,478)
98,499
98,499
919,279
1,017,778|**Total**
**2024**
**£**
11,520
250,258
6,819
1,675|
|---|---|---|
|||270,272|
|||(60,638)
(77,810)
(47,072)|
|||(185,520)|
|||84,752|
|||84,752
834,527|
|||919,279|
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 12 to 17 form an integral part of these financial statements. Page 10
## **Wokingham Theatre**
## **(Registration number: 01933168) Balance Sheet as at 31 August 2025**
|**Note**
**Fixed assets**
Tangible assets
7
Investments
**Current assets**
Debtors
8
Investments
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
9
**Net current assets**
**Net assets**
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted funds
**Total funds**
10|**2025**
**£**
491,426
-
491,426
56,076
259,883
280,454
596,413
(70,061)
526,352
1,017,778
1,017,778
1,017,778|**2024**
**£**
513,423
80,000|
|---|---|---|
|||593,423|
|||47,216
168,320
180,254|
|||395,790
(69,934)|
|||325,856|
|||919,279|
|||919,279|
|||919,279|
The financial statements on pages 10 to 17 were approved by the trustees, and authorised for issue on 17 December 2025 and signed on their behalf by:
.........................................
Mr S E Joy Trustee
The notes on pages 12 to 17 form an integral part of these financial statements. Page 11
## **Wokingham Theatre**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
## **1 Charity status**
Wokingham Theatre (Registered Company Number: 01933168) is an incorporated charity, limited by guarantee, registered in England and Wales.
The address of its registered office is: Twyford Road Wokingham Berkshire RG40 5TU
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting 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 and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Wokingham Theatre meets the definition of a public benefit entity under FRS 102. The presentational currency of the financial statements is the Pound Sterling (£). The financial statements have been prepared under the historical cost convention.
## **Going concern**
Based upon a review of recent trading results, coupled with forecasts prepared on behalf of the Board, the trustees have an expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The preparation of the financial statements on the going concern basis is therefore deemed appropriate.
## **Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Income received in advance of a theatrical performance is deferred until the criteria for income recognition are met.
## **Membership donations**
Membership donations are recognised when the donations have been received by the theatre.
Page 12
## **Wokingham Theatre**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
## **Theatre show tickets**
Sales of tickets for the performances put on by the theatre are recognised in the SOFA when the performances have been completed. Prior to the performances, the revenue generated by the sale of tickets are accounted for as deferred income.
## **Investment income**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- Costs of raising funds comprise the costs of charitable activities including the costs of performances, room hire, and other activities undertaken to further the purposes of the charity and their associated support costs.
- Charitable activities represents items not falling into the category above.
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets**
Tangible fixed assets held for the charities own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives as below:
Short leasehold - 2% and 4% on cost Fixtures and fittings - 15% on cost Computer equipment - Straight line over 3 years
## **Trade debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the balance sheet date.
Liquid investments with a maturity of over three months are recognised as investments.
Page 13
## **Wokingham Theatre**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
## **Trade creditors**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts.
## **3 Income from donations and legacies**
|Donations
**4**
**Income from other trading activities**
Trading income;
Ticket sales - box office
Programme sales
Raffle receipts
Theatre hire charges
Youth group income
Membership subscriptions
**5**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**Total**
**2025**
**£**
7,534
7,534
**Total**
**2025**
**£**
178,780
3,584
4,228
28,446
25,150
5,986
246,174
**Total**
**2025**
**£**
24,316|**Total**
**2024**
**£**
11,520|
|---|---|---|
|||11,520|
|||**Total**
**2024**
**£**
188,192
3,451
4,295
28,943
20,052
5,325|
|||250,258|
|||**Total**
**2024**
**£**
6,819|
Page 14
## **Wokingham Theatre**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
## **6 Trustees remuneration and expenses**
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
During the year, total expenses of £11,655 (2024: £15,170) were paid to the trustees in respect of materials purchased for theatrical productions. The number of trustees who received payments from the charity totalled 9 (2024: 8).
A further £4,684 (2024: £5,212) was paid to D Hogg in respect of Chaperone services for the Youth Theatre. A further £1,920 (2024: £nil) was paid to E Merchant in respect of Tuition services for the Youth Theatre.
## **7 Tangible fixed assets**
|**Cost**
At 1 September 2024
Additions
Disposals
At 31 August 2025
**Depreciation**
At 1 September 2024
Charge for the year
Eliminated on disposals
At 31 August 2025
**Net book value**
At 31 August 2025
At 31 August 2024|**Land and**
**buildings**
**£**
552,394
-
-
552,394
254,813
14,644
-
269,457
282,937
297,581|**Furniture and**
**equipment**
**£**
463,524
7,145
(226,762)
243,907
387,128
29,121
(226,762)
189,487
54,420
76,396|**Computer**
**equipment**
**£**
34,768
1,113
-
35,881
32,848
2,207
-
35,055
826
1,920|**Asset under**
**construction**
**£**
137,526
15,717
-
153,243
-
-
-
-
153,243
137,526|**Total**
**£**
1,188,212
23,975
(226,762)|
|---|---|---|---|---|---|
||||||985,425|
||||||674,789
45,972
(226,762)|
||||||493,999|
||||||491,426|
||||||513,423|
Items recorded as 'Asset under Construction' comprise development costs incurred as preparation for a planned extension to the Theatre.
## **8 Debtors**
Page 15
## **Wokingham Theatre**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
|Trade debtors
Prepayments
Accrued income
**9**
**Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals
Deferred income|**2025**
**£**
21,154
26,206
8,716
56,076
**2025**
**£**
691
2,605
7,364
59,401
70,061|**2024**
**£**
23,761
23,455
-|
|---|---|---|
|||47,216|
|||**2024**
**£**
4,529
4,654
7,285
53,466|
|||69,934|
## **10 Funds**
|**10 Funds**|||||
|---|---|---|---|---|
|**Unrestricted funds**
General
**Unrestricted funds**
General|**Balance at 1**
**September**
**2024**
**£**
919,279
**Balance at 1**
**September**
**2023**
**£**
834,527|**Incoming**
**resources**
**£**
280,977
**Incoming**
**resources**
**£**
270,272|**Resources**
**expended**
**£**
(182,478)
**Resources**
**expended**
**£**
(185,520)|**Balance at 31**
**August 2025**
**£**
1,017,778|
|||||**Balance at 31**
**August 2024**
**£**
919,279|
## **11 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Page 16
## **Wokingham Theatre**
## **Notes to the Financial Statements for the Year Ended 31 August 2025**
## **12 FRC Ethical Standard - Provisions available for small entities**
In common with many other businesses of our size and nature we use our audiors to assist with the preperation of the financial statements
Page 17
## **Wokingham Theatre**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2025**
|**_Donations and legacies_**
Donations
**_Other trading activities_**
Ticket sales - box office
Programme sales
Raffle receipts
Youth group income
Membership subscriptions
Theatre hire charges
**_Investment income_**
Interest on cash deposits
**_Other income_**
Other income
**_Raising funds_**
Productions
Royalties & scripts
Room hire
Technical costs
Youth group expenditure
Box office expenses
Credit card charges
**_Charitable activities_**
Publicity
Insurance
Rent, rates & water
Light, heat and power
Maintenance & renewals
Photocopying|**Total**
**2025**
**£**
7,534
7,534
178,780
3,584
4,228
25,150
5,986
28,446
246,174
24,316
24,316
2,953
2,953
(12,984)
(12,095)
(1,879)
(10,368)
(17,859)
(9,195)
(1,833)
(66,213)
(5,643)
(5,012)
(4,976)
(28,950)
(3,906)
(672)|**Total**
**2024**
**£**
11,520|
|---|---|---|
|||11,520|
|||188,192
3,451
4,295
20,052
5,325
28,943|
|||250,258|
|||6,819|
|||6,819|
|||1,675|
|||1,675|
|||(9,650)
(11,883)
(1,773)
(8,356)
(17,919)
(9,316)
(1,741)|
|||(60,638)|
|||(5,259)
(4,865)
(4,353)
(34,939)
(6,374)
(755)|
This page does not form part of the statutory financial statements. Page 18
## **Wokingham Theatre**
## **Detailed Statement of Financial Activities for the Year Ended 31 August 2025**
|Telephone and fax
Printing & stationery
Sundry expenses
Cleaning of premises
Postage
Auditors remuneration
Licenses, fees etc
Legal and professional fees
**_Other expenditure_**
Depreciation of short leasehold property
Depreciation of fixtures and fittings
Depreciation of computer equipment|**Total**
**2025**
**£**
(1,107)
(140)
(4,962)
(7,007)
(244)
(5,556)
(584)
(1,534)
(70,293)
(14,644)
(29,121)
(2,207)
(45,972)|**Total**
**2024**
**£**
(1,062)
(164)
(3,379)
(6,628)
(50)
(5,244)
(540)
(4,198)|
|---|---|---|
|||(77,810)|
|||(14,644)
(28,292)
(4,136)|
|||(47,072)|
This page does not form part of the statutory financial statements. Page 19