REGISTERED COMPANY NUMBER: 02324916 (England and Wales)
REGISTERED CHARITY NUMBER: 800664
Report of the Trustees and
Unaudited Financial Statements
For The Year Ended 31 March 2025
for
Plymouth Arts Cinema
TC Bromhead Limited
Harscombe House
1 Darklake View
Plymouth
Devor
PL6 7TI
SATURDAY
A17
*AEI9KQY8*
27/12/2025
COMPANIES HOUSE
#163

•
Plymouth Arts Cinema
Contents of the Financial Statements
For The Year Ended 31 March 2025
Report of the Trustees
Independent Examiner's Report
Statement of Financia! Activities
Balance Sheet
Notes to the Financial Statements
Detailed Statement of Financial Activities
Page
1 to 9
10
11
12
13 to 19
20 to 21
•

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
The trustcos who are also directors of the charity for the purposes of the Companies Act 200G, present their report with
Since the company qualifies as small under section 383, the strategic report required of medium and large companie:
under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required
Chairman's Report
Since January 2019, Plymouth Arts Centre has been trading as Plymouth Arts Cinema and is now exclusively focusing
1s acates on. independent cinema. In January 2022, the organisation ficially changed its name to Plymouth Arts
tante and young end arcade makers and or here and a he man danger rogene was,
e decision to no longer run open air cinema events during summer months. The experience of 2023's open air cinem
vents showed how precarious it could bo so a now programme of summer activity now centres around bringing familie
and children into summer screenings in the cinema.
PAC worked hard to maintain and deepen creative partnerships within the city and beyond. It has sustained a strong,
but small, staff team throughout the year and continues to be recognised as of strategic importance for cultural provision
1 the South West. Plymouth Arts Cinema is supported by Plymouth City Council and since July 2023 was successful i
securing three-year funding from the BFI National Lottery Audience Projects. The second year of funding (2024/25) wa
to target the development of family audiences. PAC also benefitted from a third year of funding from the Garfield
Weston Foundation, pursued potential sponsors, and secured POP funding for a succassful partnership film project for
young people with Fotonow.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Objectives for which the Association is established are to promote the education of the public in the practice anc
appreciation of the arts and letters in the City of Plymouth and the surrounding district within the Counties of Devon anc
Cornwall. Founded in 1947, PAC occupies a key place in the cultural life of the city.
Significant activities
Mission - PAC fosters and delivers distinctive and inspirational contemporary cinema. We want our vibrant programme
to excite, challenge and inspire everyone who encountors it and we want to engage as many people as possible. Oui
visitors will find unexpected and thought-provoking ideas in a sociable space with a warm wclcome.
Values - We strive to be:
Open - by inviting people in to work with us, to lead on and respond to new ideas and partnerships; keeping the social
aspects of everything we do at the front of our work.
Inclusive - by presenting a broader programme across a whole range of cinema and other moving image programmes;
and tailoring our offer to reflect and develop our audicnces from our loyal Members, to visitors to
Plymouth and specific communities in our city and beyond
Creative .. by thinking in unusual ways, working with partners to think and behave differently, to challenge and also lo
reassure: to see and support our audiences as creative individuals.
Experimental - by seeking new partnerships, trying out new ideas, being brave, examining new trends and leadiny and
stimulating debate.
Excellent - in everything we do. Keeping abreast of new ideas and national and international developments in film
culture. We participate in national programmes and engage with other organisations in national conversations around
programme developments in the cinema exhibition actor, whilst supporting the local arts ecology and engaging a broad
audience in our high quality programme.
Page 1

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
ACHIEVEMENTS AND PERFORMANCE
chievements and Performanc
AC continues to work with local cultural organisations, building on existing and new partnership
THE BOX
We contire wonting with The Box to show curated archive contenta before our feature and mini-seasons of films lying
• May 2024, PAC ran a South Asian film season to celebrate the exhibition 'Beyond The Page: South Asia
liniature Painting and Britain, 1600 to Now
In May 2024, the National Gallery turned 200. The Box was one of four partners across the UK working with the
Natin at Gae gale die a rata be su ero Deer, a major new commission which wil
As part of The Triumph of Art, a public programme of collective and interactive activities and local performance events
began in June 2024, curated by Plymouth-based artist Rhys Morgan. PAC hosted 4 cvents as part of this programme in
2024-25, with 2 more events taking place in April and May 2025:
- Exhibition on Screen: My National Gallery. Introduced by Rhys Morgan
- Jeremy Deller: Everybody in the Place, Introduced by Rhys Morgan
- Jill Craigie Double Bill: The Way We Live / Out of Chaos. Introduced by Rhys Morgan
- Jeremy Deller Double Bill: English Magic / Putin's Happy. Introduced by Jeremy Deller and Rhys Morgan
ARTS UNIVERSITY PLYMOUTH (AUP)
PAC supported the Film & Visual Arts BA 2nd year students in developing and promoting their annual short film festival.
Specialist Young Arts tutors at AUP ran a Family Workshop as part of our Summer Holiday Cinema season of
family-friendly screenings and events.
AUP, in partnorship with KK Controls and Equipment, ran a Christmas card competition with local primary schools. Trie
winning classes were awarded a free screening of the film The Wild Robot in March 2025.
FOTONOW CIC
Fotonow ran a Family Cyanotype Workshop as part of our Summer Holiday Cinema season of family-friendly
screenings and events.
PAC also worked with Fotonow to organise a one-day filmmaking workshop as part of the BFI's Art of Action season
(see below).
THEATRE ROYAL PLYMOUTH
PAC started working with Theatre Royal Plymouth in 2024, to curate a short season of events paying tribute to the silen
ilm ora for April 2024, ahead of the world premiere stage adaptation of The Artist at TRP in May 2024. The seasur
included:
- A screening of 1929's silent film The Diary of a Lost Girl, with live music accompaniment by Wurlitza.
- A screening of The Artist, introduced by film historian and critic Pamela Hutchinson.
- A screening of Singin' in the Rain.
In July 2024, we hosted the TRP event Artists For Change: It's All in, which presented the work created by Bee Jarvis
and Natasha Pavey as part of a Jerwood Arts funded placement for carly career artists. The event included a short
engagemen oil ine anis, a ser periormande
locumentary about TRP's engagement with the artists, a live performance by Bee Jarvis, and the premiere of It's A
mergency; a short dance film of Natasha Pavcy's original dance picce, created by Earth Minutes
Black History Month: film day with Support from Cornwall and Devon Creative Collective (CoDeCC CIC)
Page 2

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
PAC and CoDeCC CIC co-curated 3 screenings on Saturday 26 October to mark Black History Month:
- Snapshot short film programme,
- A Story of Bones introduced by Helen Thomas
- Dahomey
We screened Dahomey again later in November, introduced by Rebecca Bridgman, Head of Collections and
Programme, The Box.
Trans day of visibility double-bill with Trans Pride Plymouth
On Saturday 29 March 2025, we hosted a programming takeover by Trans Pride Plymouth with screenings of Shinjuki
Boys and The People's Joker
Age UK Plymouth
PAC also worked with Age UK Plymouth to host a fred and relaxed screening of Elf to fight loneliness and bring
yenerations together in the lead up to Christmas.
Involvement in national programmes:
As part of the British Film Institute's annual blockbuster season, PAC co-curated with Exeter Plioenix "Art of Action:
Kicking It", a multi-venue season of events celebrating the women who have advanced action cinema both on and
off-screen. Plymouth events (November-December 2024) included:
- A screening of Point Break introduced by PAC Film Programmer and Director Anna Navas
- A screening of Polite Society presented by Film Critic and Girls On Film podcast host Anna Smith
- A one-day filmmaking workshop with Fotonow
- Films made during the workshop were shown before the final screening of the season (screening of Yes, Madam!)
in 2024-25, PAC also participated in the following national festivals / touring programmes:
- Safar Arab Film Festival, June 2024 (3 feature films, 1 short film, 3 screenings). The screening of Life is Beautiful
included an introduction and Q&A with Palestinian film director Mohamed Jabaly.
- French Film Festival UK, November 2024 (3 films, 6 screenings). Activities around the screenings included a post-film
conversation with Stéphanie d'Haussy, from the Alliance Francaise, and comté cheese tasting
- Iris on the Move, February 2025 (2 programmes of short films curated by the Iris Prize LGBTQ+ Film Festival)
- Japan Foundation Touring Film Programme, March 2024 (4 films, 4 screenings, one of them introduced in person by
programme coordinator Junko Takekawa)
- Exhibition on Screen (4 screenings)
- Into Film free school screenings (7 screenings, July 2024, November 2024 and March 2025)
- Escapes, a multi-year audience development programme, working with 150+ cinemas across the UK to deliver
monthly screenings, completely free for audiences. The audience gets the chance to watch a preview screening of a
new independent film. The aim is to bring new audiences to independent cinemas, especially those who never or no
longer go to the cinema. All Escapes events are shown with Descriptive Subtitles for access and inclusivity. PAC hosted
7 screenings in 2024-25 (1 of them was for family audiences).
All these initiatives give local audiences the opportunity to see films and experience events which can traditionally be
hard to access outside of London, further establishing PAC as a key provider of cultural content for Plymouth and the
wider area.
Guests who visited PAC this year to present a film included:
- The Trust Fall - a documentary about Julian Assange, was introduced by Sarah Saunders, a close friend of the
Assange family.
- A Sudden Glimpse to Deeper Things - Q&A with director Mark Cousins
- Silent Men - a film about men's mental health, introduced by local representatives of Andy's Man Club
- Filmed-in-Plymouth Remembrance - 1 screening introduced and followed by Q&A with the film's scriptwriter, Hugh
Stoddart and local writer Johnny Mains.
• Celebrating David Lynch: Blue Velvet - 1 screening introduced by Anna Navas and Eleanor Tomas, founder of Eek!
Film Club
- Texas Chainsaw Massacre - the classic horror was introduced by Cornish-based film producer Pat Kelman as part of
his Film Club
"GREEN SCREEN"
In 2024-25, we continued to host screenings to raise awareness of environmental issues, under the label "Green
Screen":
Six Inches of Soil, followed by a Q&d with a local notwork of regenorative farmers
- Plymouth Urban Tree Festival: Notice this Tree activities + The Happy Man Tree screenin
- Wilding (3 screenings, 2 introduced by Poole Farm)
Page 3

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
- Cornwall Climate Stories: 2 events (1 screening of Power to the People, hosted by Climate Action Plymouth, with a
Q&A panel; 1 launch screening of #ClimateScam? with Q&A panel)
- Dartmoor Calling: 2 screenings with intro and Q&A with representatives of the organisations featured in the film.
- Climate Connections: Local Climate Legends screening
- 99p Films: The Temperate Rainforest, selection of short films
We continue to work with local grassroot organisations to organise those events. One of the coordinators of the Climate
Action Plymouth group said: "Plymouth Arts Cinema does a great job in bringing people together and plays a very
special role in Plymouth's society."
Family and Young People Audience development
which we have run for more than a decade:
to take he pie unf trout hat won a beto. us and or ur rice dierent workshops alongside the arenings
or the smaller, more independent films, it worked well to arrange a more involved workshop with professional leader
Ithough they are not particularly profit making in themselves, these all sold out, and filling a workshop with 15 place
translates to 30+ cinema ticket sales.
In terms of audience development, we put PAC on the map for family activities in Plymouth, with 90 new bookers over
the summer.
From anecdotal ovidence and the audience survey, audiences approciated tho adjuctmonto wo mado to mako tho
environment neurodiverse/ small child friendly.
Following a successful Summer Holiday Season, we continue to host Family Friendly screenings on weekday morning
luring the school holidays. We also experimented with Saturday morning screenings in the lead up to Christmas
Short films
' short films curated by ^ Sometimes project as part of the Artist Moving Image programme "Moving Waters" wer
screened before selected filme in our October programme. The Sometimes project is an emerging, experimental art
initiative that aims to create opportunities for artists and audiences.
In December PAC hosted a BFI NETWORK Short Film Showcase. A selection of short films supported and
part-funded by BFI NETWORK was followed by a Q&A with BFl Network talent executive Nadia Attia and filmmaker
Cornwall Investment programme
Other highlights
In March 2024, PAC was one of the 5 businesses with the most nominations in the Best Arts, Culture & Theatre venue
category in Devon for the Muddy Stilettos Awards 2024. PAC went on to win the regional award in May 2024 by publi
vote and was then shortlisted by a judging panel as a Finalist in the National Muddy Stilettos Awards 2024 alongside
other venues in the UK.
Page 4

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
ACHIEVEMENTS AND PERFORMANCE
REVIEW OF ACTIVITIES IN FIGURES
Figures in () are last year's figures.
In 2024-25, we welcomed 16,763 people through our doors over 564 events and showed 163 different films. (14,166 /
563 / 163)
47% of our audience were first timo attendees. (48)
33% of our audience attended two or more times. (34)
• 35 screenings with Descriptive Subtitles, 879 tickets (31 / 733)
• 1 Relaxed screening (60 tickets) of It's a Wonderful Life (5 / 35)
- 4 Bringing in Baby screenings, 18 tickets (11 / 107) - We shifted to a Family Friendly / Bringing in Baby hybrid format
- 18 Family / Bringing in Baby screening (1,036 tickets) - these screenings are also relaxed (suitable for neurodiverse
audiences) - no figures from last year as this is a new programming strand
- 7 workshops (96 participants - all fully booked)
- 7 Escapes screenings (383 tickets) - all with Descriptive Subtitles (new)
- 7 free school screenings (as part of the national into Film Festival) with 459 attendees (6 / 361)
25(10) artioles published on our blog (https://plymouthartscinema.org/blog/)
- 131,912 visits to our website (total visits, which includes repeat visitors) (137,982)
Facebook - 11k followers (11k)
Instagram - 5,447 followers (4,568)
Letterboxd - 77 followers (new)
30 volunteers, supporting cinema ushering, event stewarding and programme marketing (30)
FINANCIAL REVIEW
Reserves policy
PAC's reserve's policy is to have unrestricted funds, not committed in designated funds or fixed assets, approximately
equal to eight weeks of the charity's overheads, in line with industry practice. This equates in the new operations to
approximately £34,000. At the year end, there were no unrestricted reserves with the balance sheet showing a deficit of
£25,244 (2024: £23,781)
Page 5

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
FINANCIAL REVIEW
Going concern
PAC has received:
- £15,000 from the Garfield Weston Foundation to go towards core costs for 2024-25. Another £5,000 will be awarded
for 2025-26.
£20,000 from Plymouth City Council for 2024-25 under the annual Service Level Agreement (SLA) and this funding wi
ontinue into the 2025-26 financial yea
- £45,000 for the second year of BFl National Lottery Audience Projects Fund awarded in 2022-23 (total of £120,000
spanning three years from August 2023 to March 2026, £45,000 for the first and second years, running from Augus
2023 to July 2025, and then £30,000 for the remaining 8 months of the 2025/26 financial year.
- £4,657 from Watershed relating to Cinema Incentive Scheme bonus award for 2023.
- £2,000 from Watershed relating to the Art of Action Programme. The remaining £500 will be awarded in 2025-26.
- £2,000 from Watershed relating to Cincma Incentive Scheme for 2024.
- £1,779.32 from Watershed relating to Cinema Incentive Scheme bonus award for 2024.
- £10,000 from Foyle Foundation relating to core costs relating to 2024/2025.
Besides its earned income from ticket sales, its cafe/bar and other sources of income, Plymouth Arts Cinema has
historically relied on regular funding from the BFl and Plymouth City Council, but in recent years has branched out to
going concern basis in preparing financial statements. Further details regarding the adoption of the going concer basis
can be found in the Accounting Policies.
FUTURE PLANS
Key Objectives 2026 - 2029
- Create a period of financial stability and build sustainability into the Business Plan
the city's cultural changes
cultural landscape. Clear audience
o increase engagement among young audionces, especially older children who are currently underrepresented
o build meaningful partnerchip with organisations supporting refugees and asylum seekers, creating programnies tha
reflect changing city demographics;
o reduce social isolation among older audiences through tailored activity and engagement.
- Build PAC's position within the local community with local businesses, charities, and cultural organisations,
and nurturing local talent: PAC will collaborate with Plymouth City Council and Plymouth Culture to strengthen the
region's film and moving-image ecology. By building networks that support emerging talent, encourage creative
exchange and shape a regional identity, PAC aims to nurture a culture that retains talent and enrichies thie cily's
on-screen offer.
- Build national profile: PAC will build on its reputation as a centre of excellence, in programming, its ability to
stimulate audiences for cultural cinema and its contribution to UK-wide conversations about the significance and impact
of cultural cinema.
Key Objectives for 2025/26
- To stabilise the business as it emerges from the effects of the global Covid-19 pandemic.
.. To ro engage and dovelop audionces, particularly those disadvantaged through socio-economic deprivation, as well as
families and young people and diverse audience groups reflecting the changing demographic of Plymouth.
..To custain a cultural cinoma offer of significance within Plymouth and the South West for the wider community, and
continue to grow our audiences and partnerships.
- To lead the development of independent cinema in Plymouth and the wider region, and to nurture talent.
Page 6

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its govering document, a deed of trust, and constitutes a limited company, limited by
guarantee, as defined by the Companies Act 2006.
Charity constitution
PAC is a company limited by guarantee governed by its Memorandum and Articles of Association dated 9 December
2021. It is registorod as a charity with the Charity Commission.
Recruitment and appointment of new trustees
As set out in the Articles of Association, the Directors may appoint a person who is willing to act as a Director. The term
of office of an individual appointed as a Director is 4 consecutive years from the date of his or her appointment. The
Treasurer and Deputy Chair.
Organisational structure and Decision making
The Board of Trustees, which must have a minimum of three and a maximum of ten, administers the Charity. The Board
normally meets on a bi-monthly basis. An Executive Director and Film Programmer is appointed by the Trustees to
manage the day to day operations of the charity. To facilitate effective opcrations, the Executive Director and Film
Programmer has delegated authority, within terms of delegation approved by the trustees, for operational matters
including finance, employment and artistic performance related activity.
The Board of Trustees make up a dynamic group with a range of skills reflecting our activities. Across the Board our
specialist areas include media, arts management, contemporary art, cinema and moving image, architecture, financial
and education.
Induction and training of new trustees
New Trustees undergo an orientation meeting to brief them on their legal obligations under charity and company law,
the content of the Memorandum and Articles of Association, the committee and decision-making processes, the
business plan and recent financial performance of the charity. During the induction process they meet key employees
and other Trustees.
Pay Policy for Senior Staff
The Trustees and Board of Trustees have devolved responsibility for day to day management of the Charity to the key
management personnel. The key management personnel is comprised of Anna Navas, Executive Director and Film
Programmer, who implements the policies laid down by the Trustees and reports back to them on performance. Further
details regarding key management personnel are disclosed in noto 6. Remuneration for senior staff is reviewed and
approved by the Board of Trustees.
Related parties
None of our Trustees receive remuneration or other benefit from their work with the Charity.
Page 7

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The management committee has conducted its own review of the major risks to which the charity is exposed, and
syslems have been established to mitigate those risks. Significant risks include:
Funding
indent eis arisk as ate re in no pectedale pra man for conf genered ure on new projector in May 2025, with such
Repayments of the Social Enterprise Investment Fund interest-free loan to Plymouth City Council continued throughou
he year on an agreed regular monthly basis but remains a risk
ymouth Arts Cinema has been mitigating this funding risk by developing a vigorous fundraising strategy, submitti
rther applications to trusts and foundations, pursuing potential sponsors, increasing ticket and bar prices, and seeki
savings on expenditure where possible.
Internal risks
Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projecls and lo
ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are
periodically reviewed to ensure that they still meet the needs of the charity. Risk assessments are reviewed as part of
the senior management structure.
External Risks
External risks include the existence of two large-chain multiplexes in the city and the opening of another national chain
(Everyman) at Royal William Yard in June 2023. PAÇ monitors audience figures carefully to note any changes due to
other cinema activity in the city. Marketing stratogies are developed to strengthen PAC audience loyalty and increase
visibility. PAC programming is different to mainstream cinema activity and PAC Senior Management Team regularly
assesses any programme changes which can enhance its unique offer in the city.
The ongoing impact of Covid-19 pandemic on the business is being carefully monitored and audience retur rates are
analysed regularly. Increased communication with regional and national industry bodies (BF| Hub SW and UK Cinema
Exhibitors Association) allows for greater understanding of the impact across the sector and better knowledge sharing.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02324916 (England and Wales)
Registered Charity number
800664
Registered office
c/o Arts University Plymouth
Tavistock Place
Plymouth
Devon
PL4 8AT
Trustees
JM Noble
A A Piccini
P K Brookes
SL Owens (resigned 9.12.24)
S M Wolstenholme (appointed 26.9.24)
J K Scott (appointed 28.11.24)
H Anderson (appointed 30.7.25)
G M Allen (appointed 21.5.25)
Company Secretary
M Le Tual
Page 8

Plymouth Arts Cinema
Report of the Trustees
For The Year Ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
TC Bromhead Limited
Harscombe House
1 Darklake View
Plymouth
Devon
PL6 7TL
Approved by order of the board of trustees on...
19/12/2025
and signed on its behalf by:
S M Wolstenholme - Trustee
Page
9

Independent Examiner's Report to the Trustees of
Plymouth Arts Cinema
Independent Examiner's Report
I report to the trustees on my examination of the financial statements Plymouth Arts Cinema (the charity) for the year
ended 31 March 2025.
Responsibilities and basis of report
Is the trustees of the charity (and also its directors for the purposes of company law) yuu alt responsible for th
reparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act
laving satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of th
2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's financia
statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination | have
followed all the applicable Directions given by the Charity Commission under seclion 145(5)(b) uf the 2011 Act.
Independent examiner's statement
I have completed my examination. I confim that no matters have coine lo iny attention in connection with the
examination giving me cauco to believe that in any matcrial respect:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other tha
ly requirement that the accounts give a truc and fair view which is not a matter cunsidered as part of an independer
examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to
5. charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102).
I draw your attention to note 1 in the accounts relating to the going concer accounting policy. The company's ability to
continue to operate is reliant on grant funding, the exact levels of which are unknown therefore a material uncertainty
exists. I have no further concerns in connection with the independent examination to which attention should be drawn in
the report to enable a proper understanding of the accounts to be reached.
Neil Stevens ACA
TC Bromhead Limited
Harscombe House
1 Darklake View
Plymouth
Devon
PL6 7TL
Date:...
Page 10

INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Arts Cinema
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Plymouth Arts Cinema
Statement of Financial Activities
or The Year Ended 31 March 202:
Unrestricted
funds
Notes
107,080
127,612
241
234,933
68,687
162,542
231,229
3,704
(28,948)
(25,244)
•
Restricted
funds
-
:
31.3.25
Total
funds
107,080
127,612
241
234,933
31.3.24
Total
funds
108,313
123,449
109
231,871
-
5,167
5,167
(5,167)
5,167
68,687
167,709
236,396
(1,463)
(23,781)
(25,244)
54,945
176,373
231,318
553
(24,334)
(23,781)
The notes form part of these financial statements
Page 11

Plymouth Arts Cinema
Balance Sheet
31 March 2025
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
Notes
8
Unrestricted
funds
€
11,446
Restricted
funds
31.3.25
Total
funds
31.3.24
Total
funds.
11,446
3,128
%
2,824
1,994
38,113
42,931
2,824
1,994
38,113
42,931
1,681
13,089
38,443
53,213
CREDITORS
Amounts falling due within one year
11
(24,871)
(24,871)
(23,872)
NET CURRENT ASSETS
18,060
18,060
29,341
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one year
29,506
29,506
32,469
12
(54,750)
(54,750)
(56,250)
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds
TOTAL FUNDS
(25,244)
(25,244)
(23,781)
14
(25,244)
(25,244)
(28,948)
5,167
(23,781)
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ende
31 March 2025 in accordance with Section 476 of the Companies Act 2006
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps. accounting records that comply with Sections 386 and 387 of the
(b)
preparing financial statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime.
The financial statements were approved
by the Board of Trustees and authorised for issue
19/12/2025 and were signed on its behalf by:
Suf westenhome
S M Wolstenholme - Trustee
The notes form part of these financial statements
Page 12

Plymouth Arts Cinema
Notes to the Financial Statements
For The Year Ended 31 March 2025
1.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the chantable company, which is a public benefit entity under FRS 102, have beer
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statemen
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)',
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the income will be received and the amount can be measured reliably.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income
received for specific purposes but not expended during the period is shown in the relevant funds on the Balanc
Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included ir
creditors as deferred income. Where entitlement occurs before income is received, the income is accrued
Expenditure
iabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing tt
harity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement an
All expenditure is inclusive of irrecoverable VAT.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds
are deposited.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Plant and machinery
Fixtures and fittings
Computer equipment
Straight line over 15 years
Straight line over 15 years
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arisc when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nalure and purpose of each fund is included in the notes to the financial statements.
Ponsion costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which
they relate.
Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short term maturity of
three months or less from the date of acquisition or opening of the deposit or similar account.
Page 13
continued...
== =

Plymouth Arts Cinema
lotes to the Financial Statements - continue
or The Year Ended 31 March 202
1. ACCOUNTING POLICIES - continued
Cash at bank and in hand
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments
are valued at the amount prepaid net of any trade discounts due.
Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance SHeet date as a result of a past event, it i
orobable that a transfer of economic benefit will be required in settlement, and the amount of the settlement car
be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amoun
t has received and advance payments for goods or services it must provide
recognised in the Statement of Financial Activities as a finance cost.
Song to Are Cinema continues to receive £20,000 per annum from Plymouth Cily Council under the annua
service Level Agreement (SLA). The Company has also secured funding from British Film Institute of £120,00
2.
OTHER TRADING ACTIVITIES
Professional events
Bar takings and commission
Publicity and promotion
Membership income
Other income
31.3.25
89,342
26,397
8.83
127,612
31.3.24
77,658
23,864
6,100
6,482
9,345
123,449
3.
4.
INVESTMENT INCOME
Deposit account interest
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.325
241
3.324
Independent examiners fee
Depreciation - owned assets
31.3.25
3,310
2,912
31.3.24
13.620
Page 14
continued...

5.
6.
7.
Plymouth Arts Cinema
Notes to the Financial Statements - continued
For The Year Ended 31 March 2025
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or benefits for the year ended 31 March 2025 nor for the year ended 31
March 2024.
Trustees' expenses
There were no trustees' expenses for the year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
The average monthly number of employees during the year was as follows:
Support staff
31.3.25
8
31.3.24
8
No employees received emoluments in excess of £60,000.
Total remuneration received by key management personnel (including employers pension contributions) is
£26,753 (2024: £25,974).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
INCOME AND ENDOWMENTS FROM
Donations and legacies
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Arts Cinema
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
101,343
123,449
109
224,901
Restricted
funds
6,970
:
6,970
Total
funds
108,313
123,449
109
231,871
53,142
176,373
229,515
(4,614)
(24,334)
(28,948)
1,803
-
1,803
5,167
54,945
176,373
231,318
553
5,167
(24,334)
(23,781)
Page 15
continued...

9.
10.
Plymouth Arts Cinema
Notes to the Financial Statements - continued
For The Year Ended 31 March 2025
TANGIBLE FIXED ASSETS
Plant and
machinery
Fixtures
and
fittings
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
94,967
-
94,967
93,341
1,250
94,591
376
-
1,626
STOCKS
Stocks
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
359
359
216
54
270
89
143
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans (see note 13)
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
Page 16
Computer
equipment
2,330
11,230
13,560
971
1,608
2,579
10,981
1,359
31. 3.25
2,824
31.3.25
678
1,316
1,994
31.3.25
1,500
11,372
1,648
2,733
3,308
24,871
Totals
97,656
11,230
108,886
94,528
2,912
97,440
11,446
3,128
31.3.24
1,681
31.3.24
€
11,250
1,839
13,089
31.3.24
1,500
3,402
1,980
4,198
9,642
3,150
23,872
continued...

12.
Plymouth Arts Cinema
Notes to the Financial Statements - continued
For The Year Ended 31 March 2025
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other loans (see note 13)
13.
LOANS
An analysis of the maturity of loans is given below.
14.
Amounts falling due within one year on demand:
Other loans
Amounts falling between one and two years;
Other loans - 1-2 years
Amounts falling due between two and five years:
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Other loans more 5yrs instal
MOVEMENT IN FUNDS
Unrestricted funds
Arts Cinema
Restricted funds
Powell and Pressburger
The Box
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
AL 14.24
(28,948)
4,367
800
5,167
(23,781)
Unrestricted funds
Arts Cinema
Restricted funds
Powell and Pressburger
The Box
TOTAL FUNDS
Incoming
resources
234,933
:
-
234,933
Page 17
3.325
54,750
31.3.25
1,500
1,500
4,500
48,750
Net
movement
in funds
3,704
(4,367)
(800)
(5,167)
(1,463)
Resources
expended
(231,229)
(4,367)
(800)
(5,167)
(236,396)
31.3.24
56,250
31.3.24
€
1,500
1,500
4,500
50,250.
At
31.3.25
(25,244)
:
-
(25,244)
Movement
in funds
€
3,704
(4,367)
(800)
(5,167)
(1,463)
continued...

•
14.
Plymouth Arts Cinema
Notes to the Financial Statements - continued
For The Year Ended 31 March 2025
MOVEMENT IN FUNDS -continued
Comparatives for movement in funds
A11.23
(24,334)
Net
movement
infunds
(4,614)
Unrestricted funds
Arts Cinema
Restricted funds
Powell and Pressburger
The Box
TOTAL FUNDS
Comparative net movement in funds, included in the above are as follows:
:
(24,334)
Incoming
resources
€
224,901
4,367
800
5,167
553
Resources
expended
(229,515)
Unrestricted funds
Arts Cinema
Restricted funds
Powell and Pressburger
The Box
Watershed Arts Trust Ltd
6,000
800
TOTAL FUNDS
170
6,970
231,871
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
Arts Cinema
AL 14.23
(24,334)
TOTAL FUNDS
(24,334)
(1,633)
(170)
(1,803)
(231,318)
Net
movement
in funds
(910)
(910)
Page 18
At
31.3.24
(28,948)
4,367
800
5,167
(23,781)
Movement
in funds
(4,614)
4,367
800
-
5,167
553
31.3.25
(25,244)
(25,244)
continued...

14.
Plymouth Arts Cinema
Notes to the ear Ends 31 Mars- continued
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in funds
459,834
(460,744)
(910)
Unrestricted funds
Arts Cinema
Restricted funds
Powell and Pressburger
The Box
Watershed Arts Trust Ltd
6,000
800
170
6,970
466,804
(6,000)
(800)
(170)
(6,970)
(467,714)
:
TOTAL FUNDS
(910)
Watershed Arts Trust Limited
A Grant for the Typist Artist Pirate King Screening 2023.
Powell and Pressburger
A grant for the Fan Exhibition Fund for 2023.
The Box
A grant for a project to run a South Asian Film Season in the Spring of 2024.
15.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025 nor were there for the year ended 31
March 2024.
16.
PENSION COMMITMENTS
The company operates a defined contribution pension scheme. The assets are held separately from those of the
group in an independently administered fund. The pension cost charge represents contributions payable by the
group to the fund and amounted to £2,213 (2024: £2,061).
17.
CONTROLLING PARTY
The charitable company is controlled by its Trustees.
Page 19

- .:
Plymouth Arts Cinema
Detailed Statement of Financial Activities
For The Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Grants
Other trading activities
Professional events
Other income
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Other trading activities
Opening stock
Cinema expenses
Bar and catering expenditure
Closing stock
5,243
680
101,157
107,080
89,342
26,397
1.050
181
127,612
241
234,933
16,352
1,137
90,824
108,313
77,658
23,864
6,100
6,482
9,345
123,449
109
231,871
1,681
57,417
12,413
(2,824)
68,687
119,763
Charitable activities
Wages
Social security
Pensions
Staff expenses
Bookkeeping costs
Payroll costs
Insurance
Telephone
Postage and stationery
Sundries
Bank charges
Repairs and maintenance
Subscriptions
Bad debts
IT costs
Depn of plant & machinery
Depn of fixtures & fittings
Depn of computer equipment
Support costs
2,226
2,077
2,160
1,787
(112)
11,059
1,250
54
1,608
164,399
1,421
46,275
8,930
(1,681)
54,945
114,639
2,055
2,061
2,133
7,124
1,253
2,370
3,973
1,686
2,834
2,399
851
171
11,165
13,237
329
173,223
This page does not form part of the statutory financial statements
Page 20

Plymouth Arts Cinema
Detailed Statement of Financial Activities
For The Year Ended 31 March 2025
Support costs
Governance costs
Independent examiner's fees
Total resources expended
Net (expenditure)/income
31.3.25
3,310
236,396
(1,463)
31.3.24
€
3,150
231,318
553
This page does not form part of the statutory financial statements
Page 21