WOOLSTORE COUNTRY THEATRE CODFORD WARMINSTER WILTSHIRE BA12 ONE (Charity Number 800154) ACCOUNTS for the Year Ended 30th June 2024 Independent Examiner: John Nuth & Co., 12 Burymead, Codford, WARMINSTER, Wiltshire BA12 ONU, Bankers: Santander Business Banking, Bridle Road, Bootle, L30 4GB. StockBrokers JMFinn 4 Coleman Street London EC2R STA CONTENTS Page Trustees, Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Accounts. 7-11
WOOLSTORE COUNTRY THEATRE Charity Number 800154 Trustees. Annual Report for the year ended 30th June 2024 The Trustees during the period from the previous report were as follows: Angus Robert Bramwell {Chaiman) Mrs Sarah Archer (Secretary) Mr David North Mrs Diane Harvey Bridget Lorimer (Treasurer) William Johnson (Appointed 10 October 2022) Louise Nash (Appointed 25 July 2022), Resigned January 2024) Alan Biggs (Appointed 11 April 2022) Caroline Thorton (Appointed 16 April 2021) Martin Steel (Appointed January 2023) Keith Rattray (Appointed 24 August 2023) Structure and Governance The Charity was established by Trust Deed in 1968 and is registered with the Charity Commission (number 800154). The Premises are the Woolstore Theatre, High Street, Codford, Warminster, Wiltshire. BA12 ONE. Contact details are.. The Secretary, Woolstore Country Theatre, Hope Cottage, Townsend, Vvylye, Waminster, VltShIre BA12 ORY. Officers and Trustees are elected by the members at the Annual General Meeting. Trustees are not remunerated and no expenses are incurred. Training is provided by the existing Trustees. Ob'ectives and Activities The Objects of the Charity are to educate the public in the dramatic and operatic arts and to further the development of public appreciation of the same. It is organised as an independent association of local residents who become members by subscription. The main activity is the production of plays, drama and musicals by amateurs. Trips to professional performances of plays are organised and the theatre also shows films and organises workshops and is used by local organisations for varying events. The charity received £2,198 in subscription in the year {2023.. £1,910) and is focused on expanding the membership in future periods. The Trustees confimi that they have referred to the guidance contained in the Charities Commission's general guidance on public benefit and consider that the activities and decisions of the charity are conducted in accordance wrth the guidance.
Achievements and Performan The charity has had both a busy and profitable year, producing a variety of productions, all of which made a profit. The productions that have taken place are.. a festival of one act plays, including festival winner 'Gilly's Gem., a night at the Opera, a sing-along to The Greatest Showman, Measure for Measure by the Commandery Players, the singing duo 'Coda', three nights of one act plays. Rudolph and the Jingle Tree, and 11 film nights. The success of these productions and events has meant that the charity has been able to reinvest profits to continue upgrading the lighting and sound equipment, allowing the theatre to further increase its appeal. The Trustees are also most grateful for the generous gift of £2,500 from the estate of Doug Smith, which is to be used exclusively for promoting the involvement of young people within the theatre. Finally. although by no means least, being able to undertake such a varied collection of activities, would not be possible without the passion and dedication from the charity's body of volunteers, who give their time and expertise for the good of the charity and the local community. The eclectic mix of skills and talent provided by the volunteers ranges from Directors for the plays and musicals, to actors and singers. to the wardrobe and props, to design and printing of the programmes, to the people who help backstage, front of house, running the bar and overall keeping the theatre a welcoming place to visit. We could not function without the dedication of these volunteers, and the support of our members, who collectively are our greatest achievement. To all, we offer the sincerest of gratitude and thanks. Financial review In order to ensure the ongoing success of the theatre a programme of improvements and repairs has been initiated and will continue into the current period. In the year ended 30th June 2023 a programme of electrical and lighting repairs was completed. Additional refurbishment has continued in the year ended 30th June 2024, including new carpets and general maintenance. Repair and maintenance costs in the year ended 30th June 2024 totslled £10,157 (2023.. £8,776). Capital expenditure in the year ended 301h June 2024 totalled £6.084 (2023: £17,573. Net outgoing resources in the year ended 30th June 2024 were £1,701 (2023: £14,257). The charity has sufficient reserves to ensure that these costs can be incurred to ensure the future success of the Woolstore. The Trustees keep the risks affecting the Theatre under review and also the policies relating to child protection. equality, health and safety etc with which we have to comply. The investments, managed by professional stockbrokers on behalf of the charty were valued at £229,335 at 30th June 2024 (2023.. £216,348). The value of these shares is under close scrutiny and regular review. Trustee's res nsibilities statement The trustees 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). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of Ihe charity for that period. In preparing these financial ststements, the trustees are required to: select suitable accounting policies and then apply them consistently" observe the methods and principles in the applicable Charities SORP; make judgments and accounting estimates that are reasonable and prudent stste whether applicable UK Accounting Stsndards have been followed, subject to any material departures disclosed and explained in the financial statements" prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable Ihem to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities {Accounts and Reports) Regulations, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees, annual report was and signed on behalf of the board of trustees by: approved on...................................... Signed on behalf of the Charity's Trustees Chairman
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Woolstore County Theatre On accounts for the year ended 30 June 2024 Charity no (if any) 800154 Set out on pages 5-11 I report to the trustees on my examination of the accounts of the above charty (Yhe Trust.) for the year ended 30 June 2023 Re8ponslbilitles and As the charity trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 {Ihe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination. I have followed Ihe applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirni Ihat no material matters have come to my attention {other than that disclosed below ") in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records I have no concems and have come across no other matters in connection with the examinalion to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. . Please elete the words in the brackets rf they do not apply. Independont examlner's ststement Signed: Name: John Nuth Relevant professional qualification(s) or body lif any): Certified & Practising Accountant Address: 12 Burymead Codford Wanninster BA12 ONU IER October 2018
Section 8 Disclosure Only cofflplete if the examiner needs to highlight matters of concem (see CC32, Independent examination of charity accounts. directions and guidan for examiners). Give here brfef details of any items that the examiner wishes to dlsclose. IER October 2018
WOOLSTORE COUNTRY THEATRE Charity Number 800154 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2024 Notes Year Ended 30-Jun-24 Year Ended 30-Jun-23 Incoming Resources Voluntary Income Activities for Generating Funds Investment Income Incoming Resources from Charitable Activities Other Incoming Resources Total Incoming Resources 6,375 12.451 6,170 26,324 300 51.620 4,316 8,483 6,157 18,363 150 37,469 Resources Expended Fundraising trading costs Charitable Expenditure Governance Costs Other Resources Expended Total Resources Expended 5,283 10,231 1.321 36,486 53.321 3,838 10,463 840 36,585 51,726 Net Incomlngl{Outgoingl Resources (1,7011 (14,2571 Unrealised Nel Gainsl{Lossesl on investments ProfiV{Lossl on disposal of investments Equalisation 6.665 3.448 (10,948) 223 Net Movement in Funds 8,412 124,9821 Total funds brought loard 319,378 344,360 Total Funds at 30th June £327,790 £319.378
WOOLSTORE COUNTRY THEATRE Charity Number 800154 BALANCE SHEET AT 30TH JUNE 2023 at 30 June 2024 at 30 June 2023 Fixed Assets Tangible Assets Investments Total Fixed Assets 80,866 229,335 310,201 85.951 216,348 302,299 Current Assets Stock Debtors and Prepaymenls Cash in hand Cash al banks Total Current Assets 828 2,962 602 14.400 18.792 541 2,668 634 14.516 18,359 Less Creditors {falling due within one year) 1,203 1,280 Net Current Assets 17.589 17,079 Net Assets 327,790 319,378 Represented by.. Funds brought forward Net Inflow of Funds in the Year 319,378 8,412 344,360 (24,982) Funds Carried foTward 327.790 319,378 Approved by the Trustees on and signed on their behalf by Trustee
WOOLSTORE COUNTRY THEATRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30Tr1 JUNE 2024 1) Basis of Accounting The accounts have been prepared in actordance wrth FRS 102. °The Financial Reporting Standard applicable in the UK and the Republic of Ireland".the Slalement of Recommended Practice applicable lo charities prepanng their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} (Charities SORP {FRS 102)) and the Chanties Act 2011 The financial ststements have been prepared on the historical cot basis a5 modified by the revaluation of listed investments to market value. AccountSng Policies INCOMING RESOURCES Recognltlon of Incoming Resources: These are induded in the Statement of Finanual Activities {SOFA) when - the Charity becomes entitled to the resources and the Trustees are rtain they wll be reived, - the monetary value can be measured wtth sufficient reliability. and Incomlng Resources with related expenditure: Where incoming resou$ have related expenditure these are both included gross in the SOFA. Volunteer Help. The value of any voluntary help received is not induded in the accounts bul is described in the Trustees, Annual Report. Investment Income: This is induded in the accounts when receivable. Investment Gains and Losses: This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investment to market value at the end of the year. EXPENDITURE AND LIABILITIES Recognltion of expenditure and Ilabllltles: These have been recognised as soon as there is a legal obligation committing the charity to pay. Governance Costs: These include the independent examination of the statutory accounts, accountancy costs and the costs relating to Ihe AGM. ASSETS Tanglble Fixed Assets.. These are capitalised if they can be used for more than one year and cost at least £500. They are valued at cost and depreated over their estimated usefvl life. Freehold buildings are depreciated at 40/D straight line and other fixed assets are depreciated at 20% Straight Line. Impairment reviews are completed annuaSly Investments: Investments a valued at markel value at the year end. stock: stock is valued at the lower of cost or market value.
WOOLSTORE COUNTRY THEATRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2024 Yèar Ended 30.06.24 Year Endèd 30.06.23 31 ANALYSIS OF INCOMING RESOURCES Voluntary Income Donations Raffle and Lucky Dip wiltshi Council Subscriptions and Tax redaim Glfts and Bequests 3,431 746 2,253 153 2,198 1,910 6,375 4,316 Activit195 for Generating Funds Interval Bar Interval Coffee.Ice Cream & Food Advertisements in Programmes Lighting sales Costume Hire 9,867 1,994 6,975 1,233 50 530 60 12,451 225 8.483 Inv85tment Incom• Investment Income Bank Inleresl 6.123 47 6,170 5,192 965 6,157 In¢omlng Resources from Charltsblo Activities Ticket & Programme Sales from PerformancES Ticket Sales from Films Hire ol Theatre Theatre Trips 20.358 5,966 13,563 4.800 26,324 18,363 other Incomlng R•sources Hire of Theatre 300 300 150 150 TOTAL INCOMING RESOURCES £51.920 £37,469
WOOLSTORE COUNTRY THEATRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2023 Year ETtded 30.06.24 Year Ended 30.06.23 41 ANALYSIS OF RESOURCES EXPENDED FundraSslng Trading Costs Bar costs Coffee & ice cream costs 4,362 921 5.283 3,087 751 3,838 Charitsble Expenditure Cost of productions Cost of films Theatre trip costs 6.997 3.234 6,261 4,202 10,231 10.463 Governance Costs 1,321 840 Other Resource5 Expended Repairs, maintenance and replacements Rates & Water & Sewerage Telephone Electricity Insurance Licences Professional Fees-J M Flnn Website & computing costs Postage & Slalionery Advertising Subscriptions Cleaning Bank charges & sum up fees Miscellaneous Donations Depreciallon Profil on disposal 10.157 461 482 5,560 3,693 427 1,987 219 232 263 45 384 323 884 200 11,169 8,776 538 471 9,022 3.226 298 2.086 60 52 1,108 36 395 155 1,155 10,104 -897 36,585 36,486 TOTAL RESOURCES EXPENDED £53,321 £51,726
WOOLSTORE COUNTRY THEATRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2024 51 Tanglble Fixed Assets Freehold land & Bulldings Curtain5 & Seats Equipment TOTAL Computers Assets at Cost Balance brought forward Purchases in Year Balance carried forward 147,387 13.653 36,555 6,084 42.639 197,595 6,084 203,679 147,387 13,653 Accumulated Depreclation Balance brought forward Depreciation charge for the year Balance carried forward 76.613 5,879 82,492 13.653 21.378 5,290 26,668 111,644 13,653 122,813 N8t Book Value at 30th June 203 64,895 15,971 £ 80,866 at 30th June 2022 70.774 £ 15,177 £ 85,951 Depreciation used 4QhsA 20%sll 20133Yo1250h811 61 Investment Assats 30.6.2024 30.6.2023 Market Value at 30 June 2021 Additions lo investments at cost Disposals al opening market value Unreolised nel gain in the year 216.348 32.472 126,1501 6,665 244.014 31,081 147,7991 110,9481 Market value at 30 Jun• 2022 229,335 £216,348
WOOLSTORE COUNTRY THEATRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 24 30.6.2024 30.6.2023 71 Debtors & Prepayments Sundry Debtors Prepayments 1,500 1.462 £2,962 1,500 1,168 £2,668 81 Cash at Banks Sanlander Commercial Bank JM Finn Dep0511 & Income Account 12,061 2.339 14,400 13,487 1,029 £14,516 91 Creditors falling dug within 1 year Heal and Light Independent Examination Water Bar Purchases Incgme in Advance for Productions Accountancy Professional Fees Telephone Adverts and Photopying Repairs & Maintenance- Lighting Repalrs & MainlenancE- Other 109 120 29 339 120 41 945 690 90 £1.203 1,280