REGISTERED CHARTFY IWMBER: ￿1904 REPORT OF THE TRUSTEES AND AUDrfED FINANCIAL STATEMENIS FOR THE YEAR ENDED 31 JULY 2024 FOR HtNCKLEY CONCORDIA ASSOCIATION & S￿ry Audit(X5 3 Weekley WOCMJ Close Not1hamptot]shir¢ NN14 IUQ HINCKLEY COIYCORDIAASSOCIATION CONTENTS OF THE FINANCIAL STATEMENTS FOR TItE YEAREIWED 31 JULY 2024 R4)(*t of the Trustees I to 6 Rwt of tkn Independent Audlknrs 7 to 10 Statement of Flnydndal Activtss Balance Sheet 12 Notes to the Fffjlncial Statememts 13 to 21 Detalled StsteAnent of FiDaDcial Actlvldes 22 to 23 HtNCKLEY CONCORDIAA&SOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 The In￿ ptesent their rqK)rt with fuwicial ststen*Dts of the charity the year eThleAI 31 Jllly 2024. The ttwtees have &lopted the PTOViSiOnS of AccounÉillg and Re￿tIll8 by Chatitics. stat0￿]l of RecoD￿ellded PA￿11¢¢ applicable to clwities prepwing their ￿￿o￿nts in accorthoc¢ WAth the F]w￿l41 Reporting Stalldard applicabk iti the UK ond Repubb"c of Iretatxl IFRS 102) (effective l January 2019). Objectives and aln The objeclives of the AsK¥ciation. &8 ycRfied in Clausr 2 of the Cot&slithtic4L ate: To promole the ￿llerIt of th¢ inhabitants of Hincw and Di*tict by PTovithng facilities for r￿[CatiOn and leisure-tim¢ activities ill the interest of the social welfare of the stiid iThlbJbitsnts with the object of improving their condition of life. To establish a comnunity centre including a thea￿ and Oth￿ facilities and to mainlain aud the {￿tre foi aL*ivities proll￿tedbY the A&wei*ion alld its constitu¢nl bodie5 in fillthernllce of the above Ob￿ arKI To adva￿￿ the eduotion of the inhabitsuls of the area of Ixnefit in aDy mantw ￿1th is consistent Wtth the al￿e objects aTrJ in any m*mer which Jjow is or hekn may be deemed by law to be charttable. Please see 'Review of &thievetn&ts and [￿rforManCe for th¢ y¢aff for the Publtc Benefii for the inlthilants of Hinckley. In plannitig ow adivities for the year we kept in miTrJ ts Ckrity Conullis￿ guida1￿¢ on public benefit &t ow InLSte¢s M￿ling& The Hinckley C(wtdia As3ociation h&8 Iwl anots succasfjjl year, financially and in tern￿ of the quality of pmductions. Tluougl¥)ut the y¢ar. the theatre team workql hard to maintain a dtv¢rse and engaging ptogtamn* for th¢ I(￿ comn￿lty. The sea￿n wel¢omed 389)7 patrous act05s 15 dIffe￿llt featijring 122 wfonnau￿5. These iticluded14tge-s￿e musical4 pky4 p￿tomIn￿. (4)erns. &8 well as live nwgic and dance evo) H￿1th safety remained a ts)p wiority. with ￿licIeS and pr(Kedures ￿1￿8 regdarly review￿ to ensure tlw remai effective and up to dat. Front of House and technical portKipaied in regular refreskr tsainin& while additional The th¢atr¢ aig) undoknk significani building maintenance. including the tnstsllalion ofenepdy-efficient lighiing. Tha¢ imprOvem￿tsweTeI)att ofthe overall plan to maintain and entw)ce the facility. As a vilal part of the comrrity. the Cowordia TheatsE IKksted a tange of preseTJtations arwj guided for grow)s such as Scouts. WomeD'S IDslitute4 church and school group4 and senive the projett forword atxl d)tain T￿￿1]ne al￿Next Stcps". - DeL￿ber2O24. IAunch of Pmject 2030 WIth￿ atLhiiLft's e￿ag￿nt. - Futhisin8: FuDdraising effo￿ for tk project will ￿gi￿ s(M)n after the inÈtJal engagem(Ikl. woittt has Governing The As￿elatiOn is governed by tho ¢OD5tiluts"on thpled on 21 May 197.1 athl ameth on the 21 Octoixr 1996. 27 September 19YJ. 15 (ktober 2(YJl. 26 o¢ld￿ 2(K)9. 19 Novenknr 2012 8Th18 Noveml￿ 2016. The A8￿Ciation ts an The aFpolntn￿I of TnLSte¢s is govern￿ by coL8titulion of ihe Charity. The Board of T￿￿. wbo constitute the theatre coutKiL aff a]tl¥)[i￿ to aFP)int new Tnkn kn fill va(Yncie5 atising throu8h the resign&ion or death of any T￿￿et. HINCKLEYCONCORDIA ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR Er￿DED 31 JULY2024 Tnkn aTe apP)l￿ted to hold the title of the pr(¥aty on tehalf of the Asgxiation (Prq*ty TnLsÉees). The Th co￿¢11 is the exeLvtive i￿Y of the te5ponsibk for managiTrg the As%)ci*ion's aff2ir& The membets of the Theatre Council (Charity Tnkn) are: The o￿leets of the Association (Chairn)￿ Seudary and Treasurer) b¢wg elected anttually by nlenknets of the Awiation at the AG Nine other voting mem￿ serve a three year t¢llD. three t¢ing eknted atmually by of th¢ A&s(￿l&ll0n at the AGM. The chaIrn￿ and Viee-chairman of the LAai9Jn Cortllllitt¢¢ (EX-0￿￿10, votillg). The I¥opoty and Holding Tnths are eotilled to atte￿] Council mediogs but are non-V(rting. The Theatre Liaison Coll￿111¢¢ is a consultative Ix)dy cThts1￿iDg of ￿)MI￿ rq*ese[tt￿lVes ftom Theatr Council and from all theatre deFknts and affiliated srtietie& Detaib of all Officers a￿1 TnLStees ate given on pmge 3 of th¢ ruw￿la1 statements. Induttlots axd trakning of neT¥ tn￿tee$ New T￿￿tee$ have generally iwi part of kn￿latiOn tor a teasonable length of lime atyj are generally awaTe of the ba(*grou￿1 and the athriWs obiectiYe& A briefing ￿ck is ptovi(kd ￿ new TnL8tees. All T￿￿te£S httv¢ wthgone appropriate financial checks and DBS checks. 501904 Concordia Theatre Slo¢kwell Head Hitickley t£icestersbire LEIO IRE Page 3 HINCKLEY CONCORDIA ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 Trustees Off￿er5 of the AS￿￿￿•￿0n. Mr W Hare Miss D J Hewitt RG]admaL Mr J Fisl Mrs J A Hawkins J A Peatfield Mrs C Pitt Mr I Shipley Ms Z E Stokes Mr J Hili Appointed Ol.01.24 Appointed 01.01.24 Miss D J Hewitt Mr M Jones Mts J A P¢atfield Mrs J M Iwhitby Mr M TJ Walker Pmpety ttijstee Propety ttustee Mr J Lk)yd MrJHill Mt J Lloyd AwK)inted 01.01.24 Ceased 01.0124 c￿sed 01.01.24 & Statulory Audilors 3 Weekley W(x)dC1￿¢ Kdteting NN14 IUQ BaDkers HSBC 10 Matket Pla¢r Hin&ley IEIO ING Infotmation relating to ev￿1$ since the end olthc year is given in tbe noles to tbe rjllancial slatemeuts. Pw4 HINCKLEY CONCORDIA ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 The Hittckley CoDcordia Association ￿llects and hold8 money from tickei sales oo bel)alf of Son￿ of the external hirets wkn ￿f￿at th¢ Iheatre. Details of any such hirings aR give￿ in 19 of the fiDanciai statanents. The clmrity has ￿t used any professional fi￿a￿ th]ring the year. wilh fi￿d[aiSIng being Ca￿led out in how¢ wI￿re it can be monitored appropiiately. As the cljarity Dot 14Yjt￿ by aoy voluntary scheme for regulatiD8 fithi&ng oll behftlf of the charity. There were no cotnplaiuts received by the th&ity or any￿￿ 8clin8 ￿ its behalf ￿latIllg to the fillthiqing ￿liVitIeS of the charity dwillg the year. to the nattwe atyj SLX)pe of the fimdraising by Ihe thatity theff was w unreasonable inlrusion into vulnernbk people's privacy. nor unre￿￿abfy pusistent I￿0&¢he8 for the putFW of soliciting money on behalf of the cb&ity. DLSIGNATED Fifft4DS The d&8i8nated fimd was to financ¢ the installation of li114 for disablol access to the auditorium and upper parts of the tI￿t& This project is now complete and the balance on the r¢presetsts tbe netbook value of the insfallatio VOLUNTARY HELP The formal accounts include ail monetsry (ta￿Cti(￿S but the value of Ihe time and efforts of the unpaid volunteers who suwort the wotk of th¢ Associatiou is not quantifR41 The theatse is staffed aod maintaAnoJ e￿I[¢lY by Volunt￿ in a thoroughly pmfessional rnatll￿r for both amateur andptofE5sional perfolltmncas. The A￿￿cIatiOn doas not put a monetsry measument Oll such contri1Attio￿8 but feel it appropriate io acktx)wledge the commitment and help in all the A581xiation achieves. Members of the CE￿Ity, who are Tn￿CeS for the purp￿ of ch￿lty law. who durlng the year and up to the dale of this report ate setout on page 3. TRUSTELS llyDEMN￿y ll¥4SUWCE Dwmg the year £975 {2023.' £929) was paid for indemnty insutance in respect of TnLSt£es, Officu5 and all within the theatre in a nwent rol¢ for tbe ￿l￿d covering l Aiyst 2011 to 31 July 2024. The insurauee w&s for a level of £2 million. DISCIA)SURE OF tNFORK4TION TO AUDITORS &) far &s the T￿￿¢¢5 are awa￿. There is no'r¢levant audit itifomjalion, of wbich Ihe charitys auditm are utsaware. and tlw have taken all the steps that they ought to hav¢ laken as TnLStets in order to make themselv¢s awwt of ally ￿leva￿l a￿lIt infotmation and to eaab]ish that the clwitys awlik)rs aff awate of the infonDatio sTATEMll￿ OF TRUSTEES, RESPOY4SIBiixrEs The are respnsible for prep&ring R¢p(Yt of the Tn￿e￿ and tbe fu￿1¢ial statements in accordance with applicable law and Unitsl Kingdom Accouthg S¢aDdards (Unitsl Kllwdom Gelletally AcceptedAccountsDg P[&￿ICe). Page 5 HtNCKLEYCONCORDIAASSOCIATION REPORT OF THE TRUSTEES FOR THE YEARENDED 31 JULY2024 STATEMENf OF TRUSTEES, RESPONSIBILITILS- coDlinued law applicable to charitie5 in England and wa￿ Ik. ClwÈties Act 2011. Clwity {AccouDts 8nd Repots) Regulats"ons 2008 and the PTOViSiODS of the I￿￿t deed requir￿ the to ptcpaTe financial ststements for each fiTwKial year which give a In￿ and fait view of thc slaic of affairs of the cbatity and of the incon)ing r[2￿)u￿ atKi applicatioll ol resource& including the income and eXpdih￿4 of Ihc thatity for that PUilKL In preparing 1kn8e fin8rKial statallents, the tsustees are rquwed to ect suitable aecounling ￿lICIeS aud then appty them Consist￿tty. observe the method$ and piinciplcs in the Charity SORP; make judgements and estin]ates tbat te4sonable andpn¥lent. prepare the financial slateJr*nts on the going concern basis unless it is inappropriate to presume that the cjwity will continue in business. The I￿￿tee5 ate Tesyonsible for keeping prop￿ accuU￿]ng reconls which disclose with reasollable acwracy at any time the financ￿1 p)sition of the charity and to enable them to that the financial statements compty with the Charities Act 2011. the Charity (Accounts and Rey)tts) Regllla¢i(MLg 2008 al￿ the provisions of the ded They are also reSpo￿lIe for safe8￿dIng the a&sets of the clwity and he￿ fur taknng reasonable step5 loi tbe prevention and dete(*ion of fra￿1 and other intgUI￿1lie& ¥...￿￿¥ .loLf.. andsigned on its IKhalfty. Approved by older of the board of trtL8tees ￿ .......... . Mr W A Hare- Trustee REPORT OF THE INDEPENDE￿ AIJDITORS TO THE TRUSTEES OF HtNCKLEY CONCORDIA ASSOCIATION We have audited the financial ￿ateD￿l￿ of Hiwkky Concordia A￿Ciation (the 'clwity} for Ihe year ended 31 July 2024 which ciwprise the Si4t¢menl of Financial Activitie4 the Balance Sl*et and Th)t&s to the financial statements, Includi￿ a surnmw of si8nifieani accounting policies. The fumnctaj [q￿ing franewrt thal has been aR)lied tn their prep￿ation ig appjicabk law al￿ UDitaJ Kingthm A¢4x4* StaThJanb (Unit&l Kingthm Generaity Awted Accountmg Pwtice). In our opillion the fin8ncial staÉements.' give a tn* and fair view of the state of the ¢Tr￿l￿s affaiTS a8 at 31 Juty 2024 and of its incoming rasoum and 4wIiL*M)n of re&x)u￿. for the year then eThJed. . have been pro￿lyp[Cpa[ed in accordance with United Kingdom Generally AcLx)ted AetouDlit¥ Practice" and . Imie been prepa￿1 in ￿¢(￿dance with the ofthe Cl)arities Act 2011. BasL8 for We conducied our audit in accordance with IDtemational Slatxlarth on Audilwg (UK) OSAS (UK)) and applicabk law. Ow responsibilits£s under those standards are fijrtber desLYiI)ed in the Auditors, reSp￿￿bIlItieS for the a￿lt of tbe financial stateM￿ts section of our report. We aT¢ in(kpendent of the ch￿lty in ￿0rda￿￿e wlth ethical re1p1reD￿ts that are relevant to out audit of the financial statements in the UK induding the FRCS Ethical St8nd&Q and we have fulfilled our otber ethical rasp)n￿bilItieS in accorda￿￿ with these requirements. We believe that the audit ev1(kn￿e we have obtained is Sufficient and appropriate to provide a basis for our opinion. Conclusions relatlng to gollry concern In awliliog the fina￿18] statements. we bave co￿luded that th¢ Itustees, use ofthe going concaD basfts of accom￿Illg the prepardtioll of the financial statements is apwopriate. Bas￿1 on the woth we have ￿forme{L we have tdentifwl any Materi￿ ￿￿tainlIeS ￿latill8 k) events OT C(ynditioftL8 thaL individually or collectively. may casl significant on the Charilys ability to eoDtillue as a going concem for a of at least twdve ny)nths from when the [￿￿￿181 thtenThts are awhorised for iswe. sections of thi's teport. Other infornatlon The tn￿ are res￿)n81b1¢ for Ibe other inf0rn)hti0￿ Th¢ otlKr information wmwises Ihe infO￿ll￿1￿ incI￿led in the Arnual RetW other than the financial sthtements al￿ ourRq)ort of the It￿e￿￿knt Audit(Ys the￿ll. (kn opinion on the finarKial ststellKDts does tKJt covet the o11￿ iDfonrntion atxl excepl lo the exteDt othe￿iS¢ explicitly stated in our repor¢ we th) not exp￿￿$ any forni of conchL8iOll thereon. In Cor￿￿tiOn with audit of the financial statement4 (wr reSp￿ibIlity is to read the (yther infoll￿tiOn an4 in (k)ing 80, C4)nsider whether the other infixmation is nmknially In￿)nSiStent with the finat)ciaJ statements OT our knowledge aPP￿¢￿t material misstst¢menty we atE required to del&inine whether this gives rise to a matetial mt&slat¢DX)t in the financial statenMts themselves. If, based on the Twotk we bave ￿fOn￿e4 w¢ c(￿Clu& that tl*re is a tDatetial misstat￿￿ of this other inforn￿t1O￿ we are r￿]red io rw that facL We have nothing to re￿rt ill this tegar Matten on which we aty required to report byex¢epthoD We have ￿>thIng io re￿rt in of following nmtters whue the Charities (Acwunts and R￿￿) Regulations 21M)8 requires ￿ to [¢￿tt to you if. in our opinion: the infornmtion given in the RqM)rt of the Tnjstees is incDnsi*nl in any material resF¢cÈ with the fill￿1￿1 ststemeft]L8' or sufficient ac£ount1￿8 reL¥)rds have not t*en kepL or . the fmao¢ial ststemeuts are not in a￿n*￿t with the accouoliog rec(*ds and returns" or bave rettived all the information explanations we require forouraudit. Page 7 REPORT OF THE INDEPENDENf AUDfroRS TO THE TRUSTEES OF HtNCKLEY CONCORDIAASSOCIATION Rwsibilities of trustK4 As explained ny)re fully An the Statement of T[￿steeS, Rwibiiitie4 the tn￿le¢S are respo&8ible for the preP￿￿10n of the financial statements vAu'ch give a and fair view. and fi)r internal con¢tol as the tsu8tees deterniine is necessw to enable the pre￿￿tIon of financid statanenL8 that are ftee from Materi￿ mithtemo)L whethtr due lo fra￿1 or ￿t. tn prq)ari￿ Ihc fJDaDC4al StsteTr￿ts. the ate RstK)Th8ible for a&s￿Illg the clwitys ability to conlinue as a goit)g concern. disclosin& as applica)14 niatters ￿lated to going cotrffli using the going cowetTh basis of the trustees either intetml to liquidate the ch￿lty or to cease operntions, or have no reaJi5tic altanative l)ut to (k> Page 8 REPORT OF THE INDEPENDENT AUDrfoRS TO TRUSTEES OF HINCKLEY CONCORDIA ASSOCIATION Our responslbllldes for the audit of the statemellts We have been app)inted as auditors under Section Im of ts Chatiti&% Ad 2011 and rqjort in act0rd0￿C with the Act and relevant regulatioDs nwde or baving effect the￿th. Our objective$ ate to obtsin re&gonable assur￿ ai)(MJt whether the fiDOnCiAI statemeots &s a whole are free fro material misstatemenL vthether due to fraud OT etror, to i8sue a Report of the Independent Audilors tIMt includes o opinÉon. ReH50nable assurance is a high level of A&sufdnce, is not a guarantee that an audit conductd in aceordanLf with ISAS (iJK) will always det￿ a mat¢rial mi&statematt wkn it exisL8. Misslatellmlts eall arise from frnud or ffny al￿ are considered material 1£ individually or in the agwate, they C{A￿d reasonably be eX￿cted to influence the econorric decisioos ofusers taken on the basi8 of these fmancial statemeDL The extcntto which (yjr procedwes are cwbk of detecting irregulariti4 including fraud is detsiled below: t1￿ design and perforn) audit proced￿ re8F￿nSIve to dM)se tisks, includAll8 obtainin8 audit eVide￿e that is sufficient and appr(yriat¢ to provide a b&8is for our (yiDion. identifyffing and assessing risks of nufrrial in of I￿gU18[111¢s, incknding fraud 8tMI non-complian(t with laws and resulation4 we consider the folk)wing: . the nattllE of the industy and sector. control environment and busine&8 txrfotmance. - results of our enquiries of management and those charged with W)vernal￿ about their own identification llnd 8&8esstn¢Dt of the nsks of I￿alItie - any matters we identified having obtained andwiewed the Charitys ar￿￿n￿￿tion of their wlici¢s and procekn reiatiDg to.. - i(￿nt￿l￿g. ev&lu8ting and complylng with laws aJLd regulations and ￿ther they were aware of any instances of non-compiiallc4 - del￿tillg alld r¢S￿)nding to the iisks of fra￿dalld vA*thertlry have knowlalge of auy acw suspected or alleged ftau4' - the internal controls established to mitig*e risks of fra￿1 or non-complithoce with laws and regulati . the mpltters discussed among the wdit engagement team and itlvolving other members of staff requirlng (x)nsu]tation re8arth.ng bow and where fraud n)￿ occur in the fitwicial Staten￿lS alld any potential indicators of fraud As a ffsult of these pmce(kn4 we 0)nSider￿ tIK oppothities and inceDtiNrs that n)ay exist within the orgallisation for fraud In collllnon with all audits ll￿[ ISAS (UK). we Afe also required to tth sp￿1￿C pmcedw to res￿ to the Ti* ot management override. We also d)tainal an Unde￿￿ndIng of the Legal al￿ Rguknry franmvorks that the Charity operates fo¢￿illg on provisi(￿S of those laws and re￿￿atiO￿ that have a direct effeet on the detern)inatson of nwterial amounts and disclosures in the fmancial stateFllcnts. The key laws ajyl regulatK)ns we considered in tbis context included the Fill￿¢1a1 Reporting Stsndard 102 'The KeE￿ning Standard appli(abk in the UK and Republic of Trel8nrf (UK GAAP). Chatiti¢s SORP (FRS 102) and t&¥ legislatio In additioffj we c(M)sidered the provisions of other laws atMI regulations that do not bave a dIr￿t effect on the financial slatell￿￿ Ixrt con]pliatKe with Mthich may be fi￿dam￿tal to Charitys ability to operate or to avoid a material Audit response to rnks identified As a result of pttfoAming the akne. our pr(th to rwd kn risks idenlified included the following.. . reviewing the fmthncial statenmit dI￿loSUreS and testing to Supporti￿ the￿￿tatIott to 858¢SS LX)mpli8nce with provisi(￿ts of relevant laws and regulations dexribed as havtng a direct effecl on Ibe fitwicial statetllents. . ellquirillg of m￿￿8¢￿ent and those chat8ed with governw CO￿ actual and potential litigation and dainK8" - petfonw analytiC21 proced1￿ to identsfy any unusual or unexpeLled relatic￿h1pS t1￿ may It￿lc&￿ risks of IIEPORT OF THE INDEPENDENf AIJDTfoRS TO THE TRUSTEES OF HINCKLEY CONCORDIA ASSOCIATION material misslatell￿t due to fra￿ alld and other alj￿Ill￿nts" a&￿IDgwhe1hcr tk judgements Dmde in making aco)uJ)ting are indicative ora poterjlial bias" alld evaluating Ihe business iationaie ofauy significant tran￿(1￿ that or outside thL" We also cOn￿u￿1¢*1e Telev￿ idenlified laws and re8u]ations and tthrtial fra￿ risks to all fflgagement tea manbets. atKI Ten)ain akrt to any indications of fraud or non-cowliance wilh laws and regulattons throughout the audiL fiom knial transactions, th¢ k5s likely it is that we would lEc0D￿ aware of nonwCO￿￿l1a￿e. Audikng stsndards also limit the audit prcthkn [￿￿1red to identify nonrycompliance with laws t¢￿￿tIO￿$ to ¢wuiry of the tr￿tffs and otlw manwt and the iDSpection of regulatory 8Ni le8a] cotteswn(kncq if any. dehl)ernte c(xKeaEllKntor collu8iO Council¥ website at wwW.frc.o￿.￿klaudllowon$￿1lltiL& This dl￿￿pIIo￿ fonns part of our RqKXt of thc Uge of our This report is made sokly to the chaTitys Inistee4 as a b(Mty. in accordanLf Witb Part 4 of the awities (Accounts and Re[￿> RegulatioH$ 2(X>8. Our audit Work h&s been underfakth so that we ffjigh¢ stak to the charity's In&ees those mattths we Jre tequired to stste to them ID an auditoTh' report and for no 011￿[ pwpK)se. To the fi￿lest ext¢llt pern)itted by law. we do not aLYept or a&8UttLe reynsibility to anyone Oth￿ tlwi the dwity and the cbarity'8 ttustees &8 a body. for Iw audit for this retrt)t( or for the q)iDiI)DS we have fornieAI & stat￿Vry Auditors 3 Weekley Wood Cl( K&lering NNI4 IUQ r..￿.&￿....10lf Page io HINCKLEYCONCORDIAASSOCIATIOIY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEARENDED 31 JULY2024 2024 Total fuDds 21Y23 Total funds UnrcstrACtal Restricted Nofrs INCOME AND EIYDOWMENPS FROM th)nations and lega￿e8 117999 117999 106.731 Ots lrndmg adivities InvestDMt Income 241.670 241ffi70 187.672 1249 Totsl 362,623 362h23 295.652 61.772 61.772 50.085 Clwitwbk activlti FTonl of House A￿litOriUM 24,773 2&119 221,049 26,550 22,503 213,523 221.049 Total 331713 331713 312,661 NET INCOMEJ(EXPEND￿URK) 29JlO 29910 (17,(K19) RECONCILIATIOI¥4 OF FUNDS Total b¢ou8bt fonvard 8,54lJ35 8557,344 L570245 8570245 The notes fonnpart of tbe8e fllmnciai stalenKnts Page li HtNCKLEY CONCORDIA A&SOCIATION BALANCE SHEET 31 JULY 2024 2024 2023 F￿ED ASSETS T￿lbk a￿ts li 8271,029 8263,892 CURRENT ￿￿ETs 12 l3 2.481 29219 275,446 Debtors Cash at bank and in hand 3111026 354.q24 307.146 Att￿u￿ts falling duc within one year 14 (55J08) 130.703) NET CtiRRENT ASSETS 299316 276.443 TOTAL AWTS LESS CURRENT 8J70345 8540.335 Nrf ASSETS 8J70245 8540.335 16 UnTestticled funds". General fimd Revaluation ￿Selve Desigtiated fund . Lift project 1389.71 Q803.002 477537 1259.796 6.803.(X12 477.537 8J70245 8540335 0345 8,540J35 statements w￿¢ approved by the Board of TTr￿ and authoTisaJ fr IS￿ on ..laLf.......... and were SI￿ on its belmlf by". Mr W A Hare. Tn￿e¢ Mr R Gladnmn. Trustee The Thots fotmpart of t1￿ financial statements Page 12 HtNCKLEYCONCORDIAASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2024 ACCOUNTllYG POUCIES Ba515 of preparimg the fin*Mia151atements The fmancial stste1￿ of tk" Ch￿lty. which is a ￿b]IC l￿fit entity FRS 102. bavc been prepared in accordance with the C1wit￿ SORP (FRS 102) 'Aco)ullliDg a￿1 Rq￿ by Clwities: Statement or R¢￿ting StaudaTht applicable in the UK and Republi" of trejand (FRS 102) (effective l January 2019),. Financial Reportmg Stalld￿ 102 Tr Financial liqxty Stsndard a￿lICable in ihc UK a￿[ R•lic ol trelaThl' and Charities Act 2011. The fina￿la1 stsknllents have been prql￿ed under Ihe histor1￿ cosl Conventio￿ as llK)dIf￿bY the revaluation of LTrtain a￿ts. Income All Incon￿ is re¢J)gnised in the Siatemcnt of Financial Activities once the Lknity has eD(itlcmtht to the fund4 it is probabk dmt the iucom¢ will be received andthe atD)unl L¥llbe meaS￿re11abty. ExpeMdi¢MTe Liabilities are reco￿1¥ed as eX￿nditUre as SOOD as is a lega] or con8truclive obhwion COmTWttiDg the cbrity to that eXr￿¥￿"t￿rc. il is probd)k that a of econo￿ tO 89.892 8263,892 tn the year ettding 31 Juty 2022 building5 wae valued by Battett CO￿ and Harrington Limited (RICS) for insutw putwse5 at £8.174.OQKi on a replacanent cost b&sis. The historic cost of the freelx)Id land and buildiDgs is £1.370,gJ8 (2023: £1 J70,998). Page 17 INCKLEY CONCORDIAASSOCIATION NOTES TO THE FJNANCL4L STATEMENTS. conlinmed FOR THE YEAREIYDED 31 JULY2024 IL STOCKS 2024 2023 3.&52 2.481 11 DEBTORS: AMOi)Nfs FALUNG DUE wrrHIN ONEYEAR 2024 2023 Trade debtors Other deblors 1250 8,150 19.819 13ffi48 42,846 29.219 14. 2024 2023 Trade ￿edItOrS VAT 7,462 1.449 2.105 2Q545 liJ18 AItDJals and deferred It￿lme 14,792 30.703 I& ANALYSIS OF NET ASs￿s BETWEEf4 FUNDS 2024 Total 2023 Totsl Unrestric*d Restri¢*d funds Fixed assets 8371JI29 354,524 (s5J￿> 827L029 8263,892 307.146 (30.703) Clwrent Itabilities (S5J￿> 8570345 8570345 8540J35 Net ny)vem￿t At 1.823 31.7.24 Unrestricted fuRds 1259.796 803.002 477537 29910 1289.706 Revaluation rese￿¢ D&%igiwted fuud- Lift wojecl 477J37 35 29910 WO245 &540J35 29910 8570245 Page 18 HINCKLEY CONCORDIA ASSOCIATION NOTES TO THE FINANCIAL STATEMET4TS- comtinlled FOR THE YEAR EIYDED 31 JULY 2024 I& MOVEMEf4T IN FUNDS. conlinned Net nK)venxllt in in the above ate as follows: Incoming Resources Movemart (33L713) 29910 361623 (331713) 29?10 Conyratlve5 for movement in funds Net movcment At 1.8.22 31.7.23 GeDetal fill 1.276.805 6.803.( 477.537 (17.IX)9) 1259.796 6.803.(X12 477537 D￿Ignated fimd. Lift project 8557J44 (17.009) 8540335 8,557,344 (17.CK19) 8.540J35 Cowtive net moverLKnt in fiuth. in the abov¢ &5 tollows: Incoming Resources Movement UDrestrirted funds General fimd 295.652 {312.￿1} (17.009) 295,652 (3 l2.(rf)l ) (17,1K19) Page 19 HINCKLEY CONCORDIA ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 JULY 2024 I& MOVEMEIYT IN FUNDS . continued AL11￿ye8T 12 ujontkn andwioTyear12 coll1j1￿ p)siti￿ is as follows: Net movement At 31.7.24 At 1.822 Unrestrkted fumds Genetal fu￿1 1276.805 6.803.002 477537 Il901 1.289.706 6.80.1.(K>2 477.537 tksigwted fu￿1. Lift wiject 8.557.344 11901 8570245 8.557.344 8570245 as follows: Incoming resources expendcd in fill Unrestricted funds 658.275 (645.374) l1901 658.275 (645,374) 12.901 The project fiwd was to finawe iDstsllatioD of lths lor disabled access to our auditorium alld parts ofthe theatsE. 17. REL4TED PARTY DISCLOSURES There were no related Party lTrnsa(kn for the year endcd 31 July 2024. I& POST BALANCE SHEET EVENTS A bas Ixen submitted at value of apwoxillthly £550.IJ)O after the year-end Tegarding a eslate left to tk clmity. HtNCKLEY CONCORDIA ASSOCtATION NOJES TO THE F]NANCIAL STATEMENTS. conlinued FOR THE YEAREJYDED 31 JULY 2024 19. A&SEVS IIELDON BEHALF OF OTHERS The c￿lty hold% futth m a sep￿e bank a￿unt for the receipts from ttht sak5 on bthalf of the external The anmnt held at Ik year end w&8 £56.347 (2023.. £322801 Page21 HINCKLEY CONCORDIA ASSOCIATION DETAELED STATEMENT OF FINANCtAL ACTivrriES FOR THE YEAR ENDED 31 JULY 2024 2024 2023 YCOME ATID ENDOWMENrs Donatlons lyles 1,016 9.￿7 10.061 26.052 18.0 3.3lO 19.130 3.025 1455 11.io 8.834 3.282 429 Tinhatters &1 213SS 28J)6 2L775 Pantomime Concordia AOS Youth Theatre (iuild 4.769 2J59 2937 MemlM5hip donations 13.784 5.751 139 Gift Aid 117999 106,731 Other tradlng acdvll Bar sales RefreShll￿lt sales HI￿ chargc5 &)¢iety ticket ￿Inting ,766 5&704 59.977 49.972 38.310 6,149 19.651 13,613 22991 Box office 241ffj70 187.672 Inv&stment iDcon Building Society interest 1249 T(*al incoming reSoU￿e$ 295.652 Fundrdising ttading 61.772 50.085 Charit4bk activities Stage lightmg and sound 7.627 81577 40,025 22.978 919 154.126 92519 Repairs andrnewals OffiLt LThts 22.146 347 I65￿7 This pdge d(Ks ￿t form part of the slatut(ry fina￿La1 slatem Page 22 lllNCKLEY CONCORDIAASSOCIATION DETA￿ED STATEME￿ OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 2024 2023 Clwritsbk oclivihes Brought f￿vard IJLsurance 2nd licenees HiTe of equipllrot P￿f￿KIn￿I fe tmxovlrdble VAT 16&057 33073 154.126 28￿73 1.4.11 22.665 3.826 21.661 22583 20J76 W9 14.127 24?73 381 Dq)reciation of tatigibk fixal &8sets S OD Sak of lawble f]xed gss¢ts 264,026 256.176 Support L 6.4(K) 331713 312.661 Net lncomd(e￿￿II1ure) 29910 {17,1MJ9) This page ths t￿t fonn p￿Or the slatuty fina￿121 statemthts