REGISTERED COMPANY NUMBER: 01588845 (England attd W#ies) REGISTERED CHARITY NUMBER: 512019 Report of the Trusiees and Unaudit¢d Find¢tal Stst¢m¢nts for the Year Ended 31 March 2026 ctle Park ATts C¢ntr¢ KPD Business Service5 Limited The Old Shippon Bradley Frod5harn Cheshire WA6 7EP
Castle Park Arts Centre Contents of the Financial Statements for the Year Eded 31 March 2026 Page Report of the Trustees Independent Examinevs Report Stat¢ment of FiJwi¢i&l A¢tivitie8 Balan¢e Sheet 7 to 8 Notes to the Financial Statements 9 to 14 Delailed Ststement of Financial A¢livilies 15 10 16
Castle Park Arts Centre Report of the Tntstees for the Year Ended 31 March 2026 The trustees who are a150 dircctors of the charity for the purposes of the Companie$ A¢t 2006, present iheir report with the financial statements of the charity for the year ended 31 March 2026. The tN5t¢Cs hav¢ adopted the provisions of Accounting and Reporting by Charities.. Statement of R£commeAded Proctice applicable to Charities preparing their accounts in OrdanCe with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES ObJe¢tlves and •lms Castle Park Arts Centre continues io siimuloie interest, knowledge and understanding of the arts in their broadest sense. It aims to improve the perception, awareness and enjoytneni of the Arts regionally, locally and especially in young people. Consi8t¢nt with this statement the Centre h&$ the following vision.. To make people happy through cultur¢. 5UPPOrt, inspirorion and entertainment. Our oveniding aim is for everyone who Vi5it$ or us¢s th¢ Arts C¢ntr¢ to ¢njoy themselves and leave feeling good and look fonvard to returning. Building on this vision, our aim5 and objective5 Centre on using our buildin& with its rich history and beautifijl 5ettingp to Provide galleries. plac¢$ and space5 for the community 10 gather socially, partiripate in arts-based activities and to be excited and inspired by art works ¢reat¢d by emerging and ¢$tablished ortists. We wani the Centre to remain a culnwal hub for the professional arts community whother it b¢ arts practitioners nnIng workshops across the art fonns or participants who learn new skills and make new Connli0n5 01 ihe rich variety of events and courses otyered or members of the public of all agc5 who visit the 8allery* attend fun¢tions. visit the artS-ba5ed retail ouilets or so¢ialis¢ in th¢ café. To realise ihese ambitions, it is our primary task to maintain ihe building in good condition, to providc a $af¢ space for 11 these activitie$ to take pla¢e and to invesc, subj¢¢i io the availability of funds, in those improvements thF4t can enhance the experience for artists, staff. volunteers and visitor5. Publle beneflt The trustees have complied with the duty in Section 4 of the 2006 Act to bave due regard to public benefit guidanc¢ published by th¢ Charity CoTruni89ion. Pag¢ I
Castle Park Arts Centre Report of the Trustees for the Year Ended 31 March 2026 ACHIEVEMENTS AND PERFORMANC Charitable Activities This financial year all our effort8 have ¢on¢¢ntrated on building on the strong financial base we have put in place over the past 3 years and sharpening OUT focus on solid corpordte governance. The need for rObt fmancial managem¢nt is being driven by the increasing costs of overheads and direct expenditur¢ due to inflationary pr¢55ures and alv¢ all, the hikes in energy costs. Good COTporat¢ gov¢rnance 15 Vital if we are to remain Compliant with legislation, be financially stable, and continue to be trusted by the general public. We have a well-structured board of trustees with diverse skills and experiences that make infornied decisions in response to the variety of eh&llenge5, overs¢¢ risks and provide Strategic direction. This year we have engaged a new twslee with specific ski115 in marketing and social media with the alln of significantly Strenening our visibility and growth. We are confident Ihat strengthening the board of trustees in this way will help us reach wider communities and increase income sustainably through new insight, clearer rn¢5saging, brand d¢v¢lopm¢nt and stronger campaigns. Th¢ fo¢u$ of our n¢w markcting and social media strategy is on people and ¢oinmunity, and the aim is to maintain and 8row our supporter base and audiences along with creating new opportunities for revenue 8rowth and sustoinability. Great importance is b¢ing given to using so¢ial media to our )dvantag¢. Th¢ Centr¢ is now on Trip Advisor for busin¢$s early analNics show we are competing well. A new inter8ctive newsletter is being r¢gulaTly distribut¢d, and plans are at an advanced stage to renew our web site to make it visually attractive and easily navigated. The n¢w Staff structur¢ h85 s¢ttl¢d into an effectivc r¢gim¢. Charitabl¢ a¢tiviti¢s are managed separ&t¢ly from ancillary and primary purpose trading activilies, and this ha5 broughi clarity to duties and responsibilities and has given a better understanding to everybody on how our new 5tralegic plan will be delivered. Throughout the year w¢ have a150 continued to develop, regularly review. and implement poli¢ie5 that are dernanded of a responsible charity. All the policie5 we now have in place ensure proper governance, 5&feguarding And risk mglnagement ond are made effective becouse we ensure people know about them, understand them, and apply them. Our 10 year strategi¢ plan has been reassessed and updated thi5 yw. Five new medium temi strategi¢ targets are now in place after an in depth strategic review and public consultation. Having a strategic plan auwents the Arts Centre's obligations under the Chariti¢$ A¢t 2011 and builds on its Arti¢les of A$80¢iation and Charitable Objectives. It also helps thc board of tN5t¢cs makc bcttcr, more con515tcnt dcci3ion5. Financial Stability, artistic intcgrity and sourcing external fvnding continued to tske high Strategic importance and in this r¢vi%ion our tQP Priority is to ¢xt¢nd our Ica3¢ to 20 yeors. This is essential in order to secure grant ndIng for substantial capital improvements. A fijrther strategic obj¢ctivc of m&int4ining th¢ building and courtyard to a high s18ndaTd w&s add¢d. Th¢ vision for the Arts Centr¢ is lo b¢ a vibrant cultUTal hub where creativity flouri5he5, communitie5 connect. and everyone feels inspired and welcome. Our overriding aim through culture, support, in5pIration and ¢nt¢rt&inm¢nl is to mak¢ p¢opl¢ happy ond w¢ boliev¢ ¢hi$ remains powcrful and relevant in the current climate. A new recycling initiative started this year has proved invaluable to people wishin8 to start their journey into art at low expense. Artists donate paint. brnshes, art material$, frames eic. to ihe Centre and we pa88 Ort. at very low cosi to other artists. The r¢u5e and recycle shop is a popular addition. In line with our revised strategic plan w¢ have put in pla¢¢ a systematic maintenan¢e s¢h¢dul¢ to proteei our beautiful buildings. In th¢ Short tenn we are still faced with c05tly emergency repairs. but over time, with regular upkeep. we will extend thc life of our facilities. and thi5 will support our reputation. and allow better budgeting through planned. rather than reactive, spending. This year emer8en¢y lighting has b¢¢n renewed, and th¢ out dat¢d eledricity con5um¢r board has been replaced. All the outdoor Courtyard tables and chair5 have olso been renewed. Linked to making ¢onlinuou5 improvements detailed planning has tsken place on refvrbishment of our 5 galleries consisting of new fli)orin& professional gallery lighting and hanging boards. Grant funding is being 50ughi for the project. Improvements to the administration of our pre5tigrous Open Exhibition have been made with the introduction of an online adrninistrdtlY¢ System designed to provide a plat(omL for managing artis¢ ¢ntri¢s. Th¢r¢ are ¢on5ideTable administrative benefits to using this established 50ftware. This year we have undertaken a customer survey to seek people's view5 about the Arts Centre. This provided direct in5i8hts into the need5, ¢xperiences, and expectation5 of people using the C¢ntr¢ shows them that their opinion matters. Not only has this assessed how effectively we deliver our s¢rvi¢¢s. which was encouraging. but has identifed areas for improvement. The survey re5uIt5 will also SUPPOrt our funding applications by offering evidence of imp&ct and cotnmunity engag¢meTht. We intend to continue with this initiative every year b¢caus¢ we b¢li¢ve it will build loyalty and d¢liv¢T long tern) community support. Legacyi fvndraising and the various types of donatlOll5 are starting to make a positive impact. An important consideration for all thos¢ "giving" is how is this money being used and what difference it makes. Our focused public r¢lation5 progratnme spreads the message at every opportunity that as well as it contributing to running inspiring arts Progrdmmes, the money donated. how¢v¢r STnall, is used to support the maintenance and upkeep of the buildings. Page 2
ctle Park Arts Centre Report of the TnteeS for the Year End 31 March 2026 Our coutyard café has established itself as a wami and welcoming space. It is our main ancillary trading activity, and its surplus income has provided crucial support for our charitable activities, with plans to build on this SU¢S$ in the firture. It is growing in popularity wilh those vssiting and working on their art in the galleri¢5. Our annual programme of art-related events continu¢$. including talks, demonstrations, workshop5, gnd interactive activities to engage diverse audiences. Added to this our Arts Committee has ¢oniinued to update the arts strategy 10 promote excellence in art education for all ages. The Events Committee ha5 remained focused on short-t¢nn fundraising ini¢iatives that not only generate revenue but Also irtcre&se footfall at the Arts Centre, strengthening its appeal within the local community. Our outdoor spaces continued to thrive, offering daily free musical perfomiances to the public. These events provided significant cultural benefits.. supporting artists, offering the community live music experience5, and revi181izing interest in the Arts Centre. Thi5 initiative also b005ted café revenue and broadened our audi¢nc¢. Each of our galleries remained fully booked throughout the year, with exhibitions rotaling every six weeks to accommodate the high demand from artistic groups and individual artists. Th¢ r¢tyrn of groups renting spaces for workshops and Creative activilies has also been a welcome developrnent. We are dedicated to offering robust cultural engagement opportuniti¢s, particularly for underserv¢d group$, and fostering local creative talent. The majority of artisrs feaDJred in our galleries over the past year were from the region, showcasing remarkable work. often as amateurs. The increasing number of applicants for exhibition5 and the success of the Open Exhibition reflect the strength of our inclusive approach. We mainiain an open-door policy, ensuring fr¢¢ and acc¢s5iblc admission, including facilit1¢5 for disabled access, to welcome a diverse audience. The Arts Centre's commitment to delivering joy and inspiration to its visitor5 remain9 at the heart of our strategic vision. The coutyard units were fully occupied throughout the year, contributing not only to our revenue but a150 enhancing Che C¢ntr¢'5 cultural otrerings and character. Our artistic gift shop, which is 5tock¢d with unusual art gifts, continues to be well received by our di$¢eming customers. We hope to fijrther develop this primary purpose trading activity. Volunt¢¢rs continu¢ ¢0 play a crucial Tol¢ in d¢livering our charit&ble objectives, and thi5 year we embarked upon a volunteer recNitmeni Campai which we hopc will bc transfonnaiive for our small charity. Attracting new skills and perspectives strengthens con)munity connections. To augment our existing Strong volunteer base we are attracting new voluntc¢rs in ¢0 support gall¢ry invigilation, workshop ¥ssistanee, live music even15. front-of-hou5¢ welcome, and cofé support. We hope this initiative will reinforce our brand, showing ¢h8t w¢ ar¢ a¢tive, inclusive, and community led. Ultitnately, we aim to increase capocity, resilience, and impaci without significantly in¢uffing higher costs. Tl]rou8hout the year, the Arts Centre has upheld its statu5 as a vital community hub and a sanctuary for artists from all walks of life. By stayin8 attuned to their needs and preservin8 the historic charact¢r of our building, we havc cultivated an inclusive environment where ¢v¢ryortc f¢els welcome, safe, and inspired. Our work5hop5, ¢xhibitions, and perfornidnces by accomplished musicians and artists have enriched the community, ertsuring visitors leave with a scnsc of aniicipation for their next visit, Investment polley And obJectlveA The Arts Centre's fomally approved investment poli¢y 1$ to hold fijnds in a curTent bank accoullt for dealing with day to day transactions and to hold the reserves separately at the int¢re$t-b¢aring COIF Charity Investment Fund in the CPAC Investment Account for safety and to maximise r¢turns. The investment policy was revi¢wed on 13 December 2024. FINANCIAL REVIEW Fin•ncigl posltlon The Statement of Financial Activities for the year ended 31 March 2026 accompanie5 thi5 reporf. This shows that income for the ycar increased from £214,953 in 2025 to £226,649, Expenditure decreased from £202,523 irt 2025 10 £185.85] resulting in a surplu5 of £40,798 in 2026. Reserves policy In line with the Charity Commission's ¢XPE¢tations, the tru5ttes reviewed their reserves policy on 20 August 2025 and agreed on a realistic, achievable target of a reserve of £IOO,000 to cover unfor¢5¢¢n expenditure. The tnLStee5 WLII continue to keep this reserves policy under review in line with the accounting inforniation pre5¢nled for the 2026-27 funcLaI y¢ar. STRUCTURE, COVERNANCE AND MANAGEMENT Governing docllmeDt The charity is controlled by its governing document, a deed of trusL and conslitut¢$ a limit¢d rompany, limited by guarantee, as defmed by the Companies Act 2006. In February 2025 the Articles of Association were updated to bring them in line with changes in legislation and to cl8rify the clauses relating to membership. The manag¢m¢n¢ of the charity is the responsibility of the trustee& who are listed in this report. Page 3
Castle Park Arts Centre Report of the Trustees for the Year Ended 31 March 2026 STRUCTURE, GOVERNANCE AND MANAGEMENT Organisation81 structure The Centre is run by a Board of Trustecs in line with its approved Articles of Association. Charitable activities are controlled by the CIMrity Administrator, who is appointed by and acUntable to the Board of TThstee5. The Charity Administrdior 1$ supported by two part time caretakers, cleaning staff and volunteers. Trading activities are controlled by a Commercial Manager. who is also appointed and accoulltable to thc Board of Thte¢S and is supporfed by two fvll time ¢atering assistantg and local volunteers. The Board of Trustees provides the necessary direction to the Charity Administrator and Commercial Malger. There are CentlY 5 trjstees. Rlsk mAnagemtnt Tru5tee5 of Castle Park Arts Centre have a duty to identify, review and asscss the risks the charity is exposed to ensure ppropriate controls are in place to provide reasonable assuronce ag8inst fraud and error and to plan for the management of those risks. Comprehensive risk a5sessm¢nts are regullY undertaken. and a risk register 15 kept up lo date. including 4 fthancial management framework. REFERENCE AND ADMINISTRATIVK DETAIIS Registered Company number 01588845 (England and Wal) Regl$tered Charlty number 512019 ReES$ter¢d offlce Castle Park Arts Centre Off Fountain Lane Frodsham Cheshire WA6 6SE Trusteej Dr H A Hoather P Vickery Mrs S Burkey J Wathen Mrs D C Vick¢ry (r¢si8ned 4.2.26) S Mac (appointed 10.9.25) J Catherall (appointed 17.9.25) (resigned 26.9.25) Independent Examlner KPD Busines% Services Limited The Old Shippon Bradley Frodsham Cheshire WA6 7EP Approved by order of the board of trustees on ........ . and signed on its behalf by: Mrs S Burkey- Trustee Page 4
Ind¢p¢nd¢nt Examiner'5 Report to the Tru5te¢s of Castle Park Arts Centre Independent examiner's report to the trustees of Castle Park Arts Centre ('the Company,) l TCPOrt to the charity Iwst¢es on my examination of th¢ ac¢ounts of th¢ Company for the year ended 31 March 2026. Responsibilities basis of report As the charity's trustees of the Company (and Yllso its directors for ihe purposes of company law) you are r¢spon$ibl¢ for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Ad,). Having Satisfied myself that the accounts of the Company are not required to be audited under Part 16 of th¢ 2006 Act and are eligible for independent examinaiion. I report in respect of my examination of your cltsrity's accounis as carried out under Section 145 of ihe Charitie5 Act 20111'th¢ 201 l Act,). In carrying out my examination I have followed the Directions given by the chlty Conllnission under Section 145(5) (b) ofthe 2011 Act. Independent examlner's ststernent I have ¢omplct¢d my examination. I Confir that no mallers have come to my attention irt connection with the examination giving me cause to believe: accounting r¢cord5 were not k¢pl in rcsPCCt of th¢ CoTDpany as required by Section 386 of th¢ 2006 Aci,. or the accounts do not accord with those records,. or the accounty do not comply with the accounting Tequirernents of Section 396 of the 2006 Act other than any rwuircmcnt that ¢h¢ accounts giv¢ a truc and fair vi¢w whi¢h is not a matter considered as part of an independent examination. or the Accounts hav¢ not been prepared in accordance with the methods llnd principles of the Statement of Recommended Practice for ac¢ow)ting and r¢porting by charities {applicable to charitie5 prcparing ¢h¢ir accounts in accordance with the Financial Reportin8 Standard applicabl¢ in th¢ UK and Republic of Ireland {FRS 102)). I have no concuns and have come aCTOSS no other matt¢r$ in connection with the examination to which att¢n¢ion thould be drawn in this report in order to enable a proper und¢TStandin8 of the account5 to bc rca¢h¢d. MTh Kathr DaYie$ KPD Business Setvice5 Limited The Old Shippon Bradley Frodsham Cheshirc WA6 7EP Date.. Is/bs/26 P88¢ 5
Castle Payk Arts Centre Statement of Financial A1VItieS for the Year Ended 31 March 2026 2026 2025 Marshes CoDununty Benefit Fund Unrestricted fimd Restricted Total funds Total fid& Notes INCOME AND ENDOWMENTS FROM DonatlODS and legacie9 5.266 5266 14,485 Other trading aeiivities Investm¢T)t incotne 217,567 3,816 217.567 3,816 200.468 Tot41 226,649 226,649 214,953 EXPENDITURE ON Raisin8 fijnds 76,318 76,318 83,883 Ch*ritable aftivitie$ Activity 109,533 109,533 118,640 Total 185,851 185,851 202.523 NET IIYCOME 40,798 40.795 12,430 RECONCILIATION OF FUNDS Total ndS broughi ftstivard 200,334 200,334 187,904 TOTAL FUNDS CARRIED FORWARD 241,132 241,132 200,334 The not¢5 fonn part of these financial statements Poge 6
Castle Park Arts Centre Balance Sheet 31 Mar¢h 2026 2026 2025 Marshes Community Benefit Fund untriCted fund Restricted fijnd Total funds Total fiitjds Notes FIXED ASSETS Tangible assets 131,572 131,572 135.510 CURRENT ASSETS Debtors Cash at bank and in hand 3.759 111,512 3,759 111,512 6,352 73,577 113.271 115.271 79,929 CREDITORS Amounts falling due within one year 10 (5.711) (5,711) (15,105) NET CURRENT ASSETS 109.560 109,560 64,824 TOTAL ASSETS LESS CURRENT LIABILITIES 241.132 241,132 200.334 NET ASSETS 241,132 241,132 200,334 FUNDS Unr¢stric¢ed fund5 241.132 200,334 TOTAL FUNDS 241.132 200,334 The charitable company 18 entltled to exemption from audit under Section 477 of the Companies A¢t 2006 for the year ended 31 March 2026. The members have not required the company to obtain an audit of its financial Staments for the year ended 31 Mgr¢h 2026 in COrdanCe wilh Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that ihe charitable company keeps accounting records that comply with Sections 386 and 387 of the Companie5 Act 2006 and preparing financial statemen(s which give a ITue llnd fair view of th¢ $tste of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each finartci81 yeBr in accordance with the Tequirement5 of Se¢tion5 394 and 395 and which otherwise cornply with the requirements of the Companies Act 2006 relatin8 to financial ststements, so far as applicable to the ¢haritable company. (b) The notes forni part of these fancial statements Page 7 continued...
Castle Park Arts Centre Balance Sheet- continued 31 March 2026 These fmallcial ststements have b¢en prepared in accordance with the provisions applicabl¢ to charitable companies subject to the small companies regime. The financi statements were approved by the Board of Trustees and authorised for is8ue on . and were signed on its behalf by.. H A Hoather- Trustee S Burkey- I'TUSItt Th¢ notes forn part of these fuwicial statemenls Page 8
Castle Park Arts C¢ntre Notes to the FirnCIaL Ststements for the Year Ended 31 March 2026 ACCOUNTING POLICIES Bayis of Preparing the financial statemtrtts The fjnancial 5taternents of the charitable company, which is a public benefit entity urtder FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accountin8 and Rep)rting by Charities.. Statement of Recornm¢nded Practice applicable to charities preparing their accounts sn accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {¢ff¢¢tiv¢ l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and th¢ Companic5 Act 2006. The financial statements have been prepared under the historical cost convention. Income All in¢om¢ is re¢ognised in the Statement of Financial Activitie5 once the charity has entitlement to th¢ fund5. it 15 probable that the income will be received and the omount can be measured reliably. Expenditure Liabilities are recogni5ed as expenditure as soon as there is a 1¢8al or constructive obligation committing the haTity to that ¢xp¢Dditur¢, 1¢ is probable that a transfer of economic b¢nefit5 will be required in settlement and the amounl of the obligation can be rneasurcd r¢liably. Expenditure is accounted for on an accruals basis and ha5 been classified under heingS that a88regate all cost rclatcd ¢0 the Category. Vlhere costs cat)not be directly attribut¢d to particular headings ihey hav¢ b¢¢n allocated to activities on a basi$ ¢onsistent with the use of resources. Tan¥ible fixed as5eli Deprecialion is provided at the followin8 atUal Tale5 in order to writ¢ off ¢a¢h asset over its cstimat¢d usefvl Freehold propety Improvements ¢0 property Plhnt and machinery Fixtures and fittings Computer equipment 2Yo on cost 2Y• on cost IOO/o on reducing balance IOV/o on reducing balance 25Yo on reducing balance Tgxatlon The charity is exempt from corporation lax on its charitable activities. Fund aeeountlng Unrestricted fimds can be used in accordance with the charitable objectiv¢$ ai the di8¢retion of the thjstees. Restricted funds can only be used for particular restricted purposes within the objeets of the charity. Restrictions arise when sp¢¢ified by the donor or when fimds are raised for porticular restricted PUTPOSe5. Further explanation of the nabjre and purpose of each nd is included in the notes to lh¢ financial statements. Hlre purchase and leaslng commltments Renta15 paid under operating leases are charged to the S¢at¢m¢nl of Financial Activities on a strdighi line bosis over the period ofthe le&se. Penslon costs and other post-retlrement benefits Th¢ eharitable ¢ompany op¢rates a defined ¢ontribution pension scheme. Contributions payable io the charit8ble company's pension scheme are charged to the Statement of Financial Activities in the period to which they relat¢. Pag¢ 9 contlnued...
Ca9tle Park Arts Centre Notes to the Financial Statements- continued for the Year Ended 31 March 2026 OTHER TRADING ACTIVITIES 2026 2025 Art Centre Activities Room lettings Café Sales 19,439 69.230 128,898 26.270 59.380 114,818 217,567 200,468 INVESTMENT tNCOME 2026 2025 Interest receivable - tradin8 3.816 NET INCOMEI(EXPENDITURE) incom¢l{cxpcnditur¢) 1$ stated after Chargin(crediting).' 2026 2025 Depreciation- owned assets Hire of plant and machinery 3,938 1,351 3,939 876 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2026 nor for th¢ year ¢nded 31 March 2023. TTh5te¢s' expen$¢s There were no trnstees, expenses paid for the year ended 31 March 2026 nor for ihe year ended 31 March 2025. STAFF COSTS The avernge monthly number of employe¢s during the year was a$ follow$: 2026 2025 Administration Security Café Staff No ¢rnploy¢es reeeived emoluments in exces$ of £00,000. Pag¢ 10 continued...
Ca$tl¢ Park Arts Centr¢ Notes to the Financial Statements- conttnued for the Year Ended 31 March 2026 COMPAK4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Marshes Community Benefit Fund Unrestricted filnd Restricted fijnd Total INCOME AND ENDOWMENfs FROM Donations and legacies 2,485 12,000 14,485 Other trading acuvities 200,468 200,468 Tot41 202.953 12,000 214,953 EXPENDITURE ON Raising )lJnds 83,883 83.883 Charitible ¥Jetivities Activity 106,640 12,000 118.640 Total 190,523 12,000 202,523 NET INCOME 12.430 12,430 RECONCILIATION OF FUNDS Total thd$ broughi fonvard 187.904 187,904 TOTAL FUNDS CARRIED FORWARD 200,334 200,334 TANGIBLE FIXED ASSETS Improvements to property Freehold property Plant and machinery COST At l April 2025 and 31 March 2026 106,734 45,313 2.626 DEPRECIATION At l April 2025 Charge for year 17,078 2,134 6.646 906 1,727 112 At 31 March 2026 19212 7.552 1.839 NET BOOK VALUE At 31 March 2026 87,522 37,761 787 At 31 March 2025 89,656 38,667 899 Pagell ¢ontinued...
Castl¢ Park Art$ Centr¢ Notes to the Financial Statements- continued for the Year Ended 31 March 2026 TANGIBLE FIXED ASSETS- continued Fixtures Computer equipment fittings Tota15 COST At l April 2025 and 31 March 2026 51215 2,767 208,655 DEPRECIATION At l April 2025 Charge for year 44.927 786 2.767 73,145 3.938 At 31 March 2026 45,713 2,767 77,083 NET BOOK VALUE At 31 March 2026 5.502 131.572 At 31 Mar¢h 2025 6,288 135,510 DEBTORS.. AMOUNTS FALLINC DUE WITHIN ONE YEAR 2026 2025 Trade d¢b¢ors VAT 2,971 788 4,073 2279 3,759 6,352 io. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2026 2025 TTade creditors Other ereditors Accrued expensey 1.874 604 3233 662 623 13.820 5,711 15,103 MOVEMENT IN FUNDS Nel movement in fund$ At 31.3.26 At 1.4.25 Unrestrleted ndS General fvnd 200.334 40.798 241,132 TOTAL FUNDS 200,334 40,798 241,132 Page 12 continued...
Castle Park Arfs Centre Notes to the Financial Statements- continued for the Year Ended 31 March 2026 MOVEMENT IN FUNDS- eontinued Net movement in fiuth. iclUded in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrleted funds General fund 226,649 (185.851) 40.798 TOTAL FUNDS 226,649 (185,851) 40,798 Comp#r4¢lv¢$ for movement in fundi Net movement in fund5 At 31.3.25 At 1.4.24 Unre5trlcted fundg General fund 187.904 12,430 200,334 TOTAL FUNDS 187,904 12,430 200,334 Comparaiive n¢1 movem¢nt in fund5, includ¢d in th¢ above are a$ follows.. Incoming r¢sour¢¢s Resources ¢xpend¢d Movem¢nl in funds Unre8trleted fvnd8 General fvnd 202.953 (190.523) 12,430 Restrleted fund5 Marshes Communtty Benefit Fund 12,000 {12,000) TOTAL FUNDS 214,953 (202,523) 12,430 A Current year 12 mornth8 and prior year 12 month5 combined position 1$ os follows.. Net movement in fijnds At 31.3.26 At 1.4.24 Unrestrkted funds General fimd 187,904 53.228 241,132 TOTAL FUNDS 187,904 53,228 241,132 Pag¢ 13 ontinued...
Castle Pat1( Arts Centre Notes to the Fitjancial StAiements- continued for the ye Ended 31 March 2026 ii. MOVEMENT IN FUNDS- Continued A current year 12 months and prior year 12 months combined net movement in nds, included in th¢ above are as follows.. Incoming resources Resources expended Movement in fvnd5 Unrestrleted funds General fimd 429.602 (376,374) 53.228 R¢strkted fund8 Marshes Community Benefit Fund 12,000 (12,000) TOTAL FUNDS 441,602 (388,374) 53,228 12. RELATED PARTY DISCLOSURES There were no related paty transa¢tions for the year ended 31 Mar¢h 2026. Pag¢ 14
C&8tle Arts Centre Detailed Staiement of Financial Activities for the Year FAhded 31 March 2026 2026 2025 INCOMR AND ENDOWMENTS DoDatiOn5 legaeles Donations and gifts Grants 4,966 300 2.485 12.000 5,266 14.485 Other trndlng 8Ctfvltles Art C¢ntr¢ A¢uviiies Room lettings Café S8les 19,439 69,230 128.898 26,270 59.380 114,818 217,567 200.468 lllvt5trnent incom¢ Inierest receivable- tradin8 3.816 Total incomini resour¢e$ 226,649 214,953 EXPENDITURE Other tradln& acilvltlel Pur¢hws Wages sla1 s¢curity 30,579 45,739 26,785 52,913 4,185 76,318 83.883 Charltable aetlvltle Hire of plant and machinery Rent, rate5 and water Insurance Light and heat Telephone pps Advertising and website co$ts Sundry expenses Maint¢n&n¢e and cleanin8 Arts Centre Activities Costs Freehold property Improvements to propetty Plant and machinery Fixtures and fittings 876 9.836 5,253 11,864 .355 61 907 ,355 28.566 4.919 2,135 906 10,775 6,087 10,409 1,036 137 1,197 685 11,209 6,139 2,135 906 786 786 52.964 68,931 Support costs Finance Bank charges 2.170 2,022 This pa8e does no¢ fomi part of the statutory financial statements Page 15
Castle P8Jk Arts Centre Detsiled Ststement of Financial Activities for the Year Ended 31 March 2026 2026 2025 Finlnee Governanee costs Wages Pen510n$ Accountancy fees Legal fees Professional fees 48,264 1,705 614 35.351 1,014 1,572 750 9,000 3,816 54.399 47.687 Total resour¢es expended 185,851 202,523 Net IDeome 40,798 12.430 This page does not forni part of the statutory financial slatemellts Page 16