REGISTERED COMPANY NUMBER: N1029738 (Northern Ireland)
REGISTERED CHARITY NUMBER: 100917
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2025
for
Kabosh
M.B.M¢Grady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisbuim Road
Belfast
Co. Antrim
BT9 6GH

Kabosh
Contents of the Financial Statements
for the Year Ended 31 Mareh 2025
Page
Reference and Administrative Details
Report of the Trustees
Independent Examiner's Report
Statement of Fillaneial Activities
Statement of Finaneial Position
Notes to the Financial Statements
12 to 24
Detailed Statement of Financial Activities
25 to 26

Kabosh
Referenee and Administrative Details
for the Year Ended 31 March 2025
TRUSTEES
Nicola Abernethy - Communications Manager
Laura Bradley - Arts Manager
Aine Gleghorne - Accountant
Mary Joi'dan - Actress and Drama Facilitator
Einina McErlean - Play Therapisl
Rosemarie McHugh - Accountant
Siobhan Winston - Accountant
Matthew Wal'd- Accountant
Albert Hainilton Dii'ector
Davy Kettyles - Trade Union Organiser
COIKPANY SECRET ARY
Mr. R J Mcmanus
REGISTERED OFFICE
Imperial Buildings
72 High Street
Belfast
BTI 2BE
REGISTERED COMPANY
NUMBER
N1029738 (Northern Ireland)
REGISTERED CHARITY
NUMBER
100917
INDEPENDENT EXAMINER
M.B.McGrady & Co
Chartered Accoiintants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
Co. Antrim
BT9 6GH

Kabosh
Report of the Trustees
for the Year Ended 31 March 2025
The trustees, who are also directors for the purposes of company law, present their report and the financial statements of
the company for the year ended 31 March 2025.
Reference and Adm inistrative details
Reference and adininistrative details are shown in the schedule of inembers of the board and professional advisors on
page l of the financial stateinents.
OBJECTIVES AND ACTIVITIES
Objectives and aims
2024-25 saw Kabosh present a range of high quality, socially engaged theatre locally, nationally, and internationally.
Kabosh continues to develop its aiins and objectives in line with its agreed business developinent plan, focusing on
giving a voice to sites, spaces and people through reinventing and reinterpreting the ways in which stories ar¢ told.
Kabosh aims to..
create exciting theatre in different types of locations.
animate public spaces.
re-examine contested space in Northern Ireland.
stage engaging narratives inspired by local stories and histories
coinmission plays that chart the way the north of Ireland is evolving.
transform lives through theatre.
provide quality, Stimulating, entertainment for everybody living in and visiting Ulster.
develop new audiences foi. theati'e and encourage repeat attendance.
prograinine ancillary events including post-show discussions and workshops to deepen engageinent.
collaborate wilh inulti-sectoral partners across company practice.
be ¢ognisant of legacy and work with acadeniia to archive and interrogate output.
provide quality einployinent for artists and provide year-round sectoral suppoit.
develop arts and cultui'e within li'eland, pi'oinoting its woith nationally and internationally

Kabosh
Report of the Trustees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Significant activities
Major projects during 2024125, Kabosh 30th birthday year, included..
Mary Ann, The Forgotten Sister by Clare Mcmahon, a promenade piece on the life and legacy of Mary-Ann
Mccracken, designed for performance between Clifton Cemetery and Clifton House, including the surrounding
grounds. Perforined by Maria Connolly, Calla Hughes and Carol Moore. Costuine Designer Una Hickey. Stage
Manager Sarah Reid. Music director Jane Cassidy. Movernent Paula O'Reilly. 12 Performances. 223 Audience.
Suppoited by ACNI and Belfast Charitable Society.
The Occasional Gardener 3: Designed and co-ordinated by Carol Moore with support from Anna O'Kan¢ (visual
artist), Neil Keery & Paula O'Reilly (movein¢nt) and Kat Reagan (singer). An 8-week arts and reininiscence project
inspired by gardening presented in 3 Macklin NI care hoines for 30 dementia sufferers and their carei's. Supported by
the Arts Council of Northern Ireland's Aits & Older People's Fund.
Little Ainal.. produced by Artsekta foi. Belfast 2024. An intervention in Colin Glen Forest Park entitled Do Not
Disturb. Designer Arlene Riley. Moveinent Paula O'Reilly and Project Coordinatoi. Liam Mcmullan.
12 actoi's, 4 inusicians and 2 participant guides. 44 local participants. 625 audience. Suppoited by Belfast 2024 via
Artsekta.
Green & Blue.. Written by Laurence McKeown; perfonned by James Doran and Vincent Higgins. crew Stephen
Quinn. Based on oral ai'chive of testimonies fi'om forinei. serving An Gai'da Slochana and Royal Ulster Constabulaiy
officers who patrolled the border during the height of the conflict. Originally developed in partnership with Diversity
Challenges, preiniering 2016, revivals continue to play an important role in our artistic strategy. 3 perforinances at
Milwaukee Irish Festival. 3 perfoi'inances at trish Ainerican Hei'itage Centre, Chicago. 2 perfoi'inances at Alberta
Historical House, Portland Oregon. 2 perfoi'mances at Irish Centre, San Franciso. I perfoi'inance at St Ignatius High
School, San Francisco. I perforinance Leadville, Colorado and I perforinance in Salida Colorado. 1,020 international
audience - 90010 participated in post-show discussions. Presented with support from Culture Ireland.
Three Pay Days.. Written by Alice Malseed inspired by interviews with staff and users from The Larder. exploring
food banks, housing and austerity. Produced in paitnei'ship with Ea5tside Arts Festival. Perforined by Holly
Hannaway, Patrick McBrearty and Mary Moulds. Set & Costume Designer Niainh Kearney. Sound Designer Katie
Richai'dson. Stage Manager Caitlin Hunter. 5 perforinances
Santuary Theatre as part of Eastside Aits Festival,
Black Mountain Shai'ed Space and Felons as part of Feile an Phobail, the Playhouse in Derry - 489 audience. Post show
panel support from Positive Cai'i'ickfergus, PPR, Barnai'do's NI and Trussel Trust. Post tour extracts were staged al
launch of both East Belfast Anti-Poverty Alliance Strategy and East Belfast Strategic Framework 2025-2030. Supported
by Eastside Aits, Belfast City Council, Foyle Foundation, Arts Council Nl and Departtnent of Foreign Affairs
Reconciliation Fund.
Conflicting Nai'ratives: a 10-day intensive training course for local artisls working in the aits and conflict sphere:
combining day-long workshops delivered by international experts, accoinpanied by evening peiforJnan¢es froni the
Kabosh catalogue of socio-political th¢atre exploi'ing the legacy of conflict in the north. Each p¢rfonnance was
followed by facilitated discussion with input from ¢oinmunity-based experts in restorative justice, storytelling,
cominunity engagement, sti'ategic developinent and animation of ¢onlesled piiblic space. Thei'e was also a programmed
political toui. led by community activists. Venue: Bla¢k Mountain Shared Space as part of Féile an Phobail 2024. 105
aitists conti'acted, 4 intei'national facilitatoi's, 3 local panel members, 6 performances, 328 audience. Supported by
Belfast 2024 via Féile an Phobail

Kabosh
Report of the Trustees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Callings.. Written by Doininic Montague, revived to coincide with the 50th anniversary of Cara-friend, looking at ihe
creation and legacy of the vital queer helpline. Designed by Stuart Marshall and Erin Charteris. movement and intiinacy
by Paula O'Reilly; sound design by Katie Richardson with Rory Casey and Caitlin Hunter on production. Perforn)ed by
Vicky Allen, Christopher Grant, Chris Robinson, Simon Sweeney and Michelle Wiggins foi. 1609 patrons over 23
perforniances in Lyric Belfast, MAC Birmingham, Stanley Arts Croydon, Chats Palace Hackney, Hawkswell Sligo,
Market Place Annagh, Riverbank Kildare, Down Arts Dowiipatrick, Droichead Drogheda, Garage Monaghan and
Project Arts Dublin. Supported by Culture Ireland, Foyle Foundation, the Arts Council An Chomhairle Ealalon, ACNI
and BCC.
Suspect Devffice - Are you on the Bus? Coininissioned by Belfast 2024, produced in partnership with Outburst, written
by Raphael Ainahl Khouri and stsged on a static vintage bus in the grounds of Belfast Castle. Performed by Beca
Barton, Vincent Higgins, Claire Lainont and Mai'iah Louca. Crew: Siinon Bird, Colm G Doran and Aoife Maguire.
Designed by Enda Kenny, Herb Magee, Eoin Robinson and Mary Tuinelty. 14 performances for 588 patrons (one
signed). l off-site relaxed perfonnance for 14 pati'ons. 3 post-show discussions, one of which was signed, for 58
participants -input from Outburst Festival Producel. / Programmer Caleb J Roberts, Playwright Raphael Amahl Khouri
and Robyn Archer Director of Trans Resoui'ce Centre. Made possible through the support of 10 volunteers. Presented
project concept as part of BIAF Belfast 2024 international touring showcase. Supported by Belfast 2024 via Outburst,
ACNI and National Lottery Heritage Fund.
Hearth Film Part of Belfast 2024, produced by Belfast Filin Festival (led by Michele Devltn and Mark Cousins). We
al'e a collaborating artist with Alison Millar. Progi'amined inultiple interviews lead by local actors. Supported by Belfast
2024 via BFF.
Awards -
Arts & Business NI 'Cultural Organisation, Award
- Not on our Watch Arts & Business NI 'Creative Parlnership, Award
- Not on oui. Watch Aisling TG4 Arts & Culture Award
Blueprint Meinber foi. 2025-27 - Arts & Business Nl
Bespoke commissions and revival
Alongside developinent of new work, acadeinic Collaborations and the major productions highlighted, Kabosh also
delivered i'egular tours of Quartered: Belfasl, a Love Story. Ongoing i'evival develops new audiences for Kabosh,
generates incoine for investment in additional pi'oducts and offers quality einployinent for indigenous practitioners.
Kabosh Aitistic Director Paula M¢Feti'idge also ¢onti'ibuted as a panellist and guest artist foi. sevei'al confei'ences and
projects including 'The Trouble with Truth and Reconciliation, at the Ainerican li'ish Historical Society NYC.
'Iinpossible Peace, at Belfast Central Library; and a presentation at Belfast synagogue for older meinbers. as well as
on-going participation in the Price of Performance, Stages of Violence, and The Senses Network international research
projects.
5, 048 audience meinbers (2023124: 4,704) and 1, 777 participants (2023124: 2,627) engaged with the work produced
dui-ing the year.
Kabosh engaged 184 freelance artists aiid pi'actitioners (2023124.. 88) at a cost of £109, 396 (2023124.. £41,952).
1,182 suppoiters (2023124., 1,184) I'eceived the Kabosh Inonthly newsletter. 5, 139 followed the coinpany on Twitter
(2023124: 5, 293). 3.8k 'like' the Kabosh Facebook page, Reach 8.6k (2023124: 3, 693). 2,149 people follow the
Kabosh Instagrain page, Reach 12.4k (2023124.. 1,667). 427 follow Kabosh on Linkedin. 93 on Youtube and 1.8k
views click through rate of 790/0 on Linktree - social media continues to be a inajor coininunication tool for the
coinpany though public habits al'e changing so Kabosh is reviewing cotninunication tools.
Kabosh is coininitted to nurturing and strengtheniiig the local arts sector. In addition to 100 hrs placeinent
opportunities for 31'd level student5, quantified 2024125 support in kind included..
Advice
Script Report

Kabosh
Report of the Trustees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
University i Academic and Secondary Educalion
- Dramaturgy
Consultation
- Funding Support
Totalling 57.7 hours by GM and AD= £6,787.50
Equipinent Loan
- CosttEine Loan
Rehearsal Space Loan
Totalling 43.5 hrs - £2,175
Kabosh continue to diversify and strengthen its range of stakeholders and income streams. A number of funding bodies
invested in Kabosh throughout this financial year. The main grant making bodies are listed on page l 8 and outlined
below are the Trusts, Foundations, Commissioning bodies and clients during 2024125:
Arts Council Northern Ireland (Annual Funding Programme, and Arts & Older People Programine)
Belfast Chai'itable Society (Mary Ann Mccracken Foundation)
Belfast City Council (Annual and Belfast 2024)
Culture Ireland
Depaitment for Communities / Future Screens Nl
Depaitment of Foreign Affairs Reconciliation Fund
Arts Council An Choinhairle Ealalon (Toui'ing Grant)
The Foyle Foundation
Eastside Partnei'ship
Arts & Business NI
This diversity of income generation is key to oui. agile and dynainic business Inodel, which is built upoii the generation
and reinvestment of significant earned income in each financial year as we51 as leveraging opportunities for wide
reaching public funding.
The company's col'e costs are appi'oxiinately £130k per yeai. as of 2024125. This increase froin previous pei'iods is due
to the additional govei'nance/financial fees given the appointtnent of Clarke and Co. Ltd. as external bookkeepers.
Funding froin the Arts Council of Northern li'eland's Annual Funding Programine, and Belfast City Council's Cultural
Multi-Annual Grant inake up 50010 of our core incoine. In 2024125 funding froin futui'e screens Nl made up a significant
quantity of core funding also, covei'ing the salaiy foi. the role of Assistant Ci'eative Producei..
Kabosh invest an additional 150/0 into core budget annually. This 15 generated through earned incoine and service
provision during the previous f￿anCIal year. This sum is held as designated reserve until point of investinent.
Every year, Kabosh work to secure final 17 % of col'e budget froin grant giving trusts and foundations - Most recently,
the Foyle foiindation. We al'e confident in our ability to raise this level of investment annually due to our unique work,
strong relationships with major grant-givers, and robust fundraising skills: evidenced by an 850/0 success l'ate in grant
applications over the last 2 years.
In 2024125 Kabosh programming costs are approximately £300K. On average it is £1501160k pa. This significant
inci'ease is due to securing inajor investinent froin BCC Belfast 2024 Creative Pi'ogi'ainine for four projects: Al'e You
On The Biis? (in paitnership with Outburst Arts), Little Ainal l Do Not Disturb (in paitnership with Artsekta),
Conflicting Narratives (in partnei'ship with Feile an Phobail), Hearth (in parthei'ship with Belfast Filin Festival), as well
as a significant national and internalional toiiring pi'ogi'ainme (Callings and Green and Blue).

Kabosh
Report of the Trustees
for the Year Ended 31 Mareh 2025
OBJECTIVES AND ACTIVITIES
Arts Council of Northern Ireland Annual Funding Programme generally makes up 130/0 of our prograinining budget, in
2024125, this made up for a lower percentage of progi?mming budget (c. 70/0) due lo the significantly increased project
partnership income. This is allocated propoitionately across our prograinining and used as leverage to secure approx.
520/0 Inatch funding from a wider range of supporters, including grant giving trusts and foundations (Foyle Foundation)
and public sector grant schemes (Cultui'e Ireland). A sinallei. poition of incoine, around 70/0 is also raised through
partnei'ships with businesses, NGOS, and partner organisations (e.g Belfast Charitable Society, Eastside Partnership,
ArtsEkia). Investinent from partner organisations was significantly higher in 2024125 due to the above cited Belfast
2024 partnerships.
280/0 of programming incoine is from box office, ticket sale and Show income. Project budgets are designed to break
even. In the event of a surplu5, fund5 are ringfenced for project revival in future years.
The significant increase ill output and turnover during 2024125 led to increased operational workload for the three core
staff, so requiring increased investtnent into core budget from unrestricted ￿ndS as opei'ational capacity did not allow
for the leveraging of core investment from a fourth inajor funder as is our standard operational procedure.
Moreover, the scale of output led to a significant increase in programining Costs with more freelance
artisLladministrative contracts issued for services and increased production costs i.e. travel and accoininodalion,
equipinent and materials. Whilst inost was covered by restricted incoine froin project partners and publi¢ bodies,
inci'eased costs across selected prograinine eleinents were offset through leveraging Theatre Tax Relief {ThR) into
selected project and core budgets out-of-year. Whilst this has led to financial stateinents displaying a significant deficit
at year-end 2024, our submission for this financial period will result in a return of approxiinately £35k - £40k, a
significant replenishinent of unrestricted funds by year-end 2025.
FINANCIAL REVIEW
Reserves policy
The ¢harity had total fund reserves of £64,285 at 31 st March 2025, coinprising:
£23,298 of restricted reserves
£4,440 of genei'al unrestricted reserves
£36,547 of designal¢d unrestt'i¢ted reserves
The charity's aiin is to hold designated unrestricted reserves equivalent to three months operating costs (£36,547) in the
event of a significant unexpected event or the winding up of the company. This will be achieved through the
designation of um'estricted net incoine at the end of each financial year.
General unrestricted reserves are available for the furtherance of the objectives of the charity.
Restricted i'esei'ves al'e funds which inust be used in accordance with the requii'ements of the awarding body.
FUTURE PLANS
Kabosh intends to continue its activitie5 Outlined in the new strategy, subject to satisfactory funding arrangeinents.
Plans have been developed to cominence several iiew productions and it is hoped that the coinpany will realise a full
creative prograinme over the next three years. The cui'rent Inodel of operation includes a three-pronged appi'oach to
fundraising. sectoral funding, earned incorne, and chai-itable giving (including trusts and foundations).

Kabosh
Report of the Trustees
for the Year Ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANACEMENT
Governing document
Organisational Structure
Kabosh is a coinpany limited by guarantee and does not have a shal'e capital. It is governed by a Meinoranduin and
Articles of Association and the liability of each dii'ector is limited to an amount not exceeding £1.
The company is governed by the Board of Directors. The Artistic Director and Executive Producer are responsible for
the day to day running of the company.
The directors who served the Company during the year were as follows:
Nicola Abei'nethy
Laura Bradley (chairperson)
Aine Gleghorne (vice chaii.)
Albeit Hamilton
Mary Jordan
Davy Ketyles
Einina McErlean
Rosemaire McHugh
Matthew Ward
Siobhan Winston
TAXA TION STATUS
The coinpany is recognised as a charity by HM Revenue & Customs. Accordingly, the coinpany ha5 availed of the
exeinptions contained in Section 505 Income and Corporation Taxes Act 1988 and Section 256 Taxation of Chargeable
Gains Act 1992.
Approved by order of the board of trustees on .
Ifl...D.C(QM.£oL...2caind
signed oil its behalf by..
ine Gleghorne
ccountant- Trust¢¢

Independent Examiner's Report to the Trustees of
Kabosh
I report on the accounts of the company for ihe year ended 31 March 2025, which are set out on pages nine to twenty
four.
Respective respoiisibilities of charity trustees and examiner
As the charity's trustees (and also the directors for the purposes of company law) you are responsible for the preparation
of the accounts in accordance with the requirements of the Coinpanies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent
exainination, it is Iny responsibility to..
examine the accounts under Section 65 of the Charities Act
follow the procedures laid down in the general Direolions given by the Charity Cominission for Northern
li'eland under Section 65{9)(b) of the Charities Act
state whether particular inatters have come to my attention.
Basis of the independent examiner's report
I have examined youi. charity a¢counts as required under Section 65 of the Charities Act and Iny examination was
cai'ried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under
Section 65(9)(b) of the Chai'ities Act. The exainination included a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also included ¢onsid¢i7tion of any unusual iteins or
disclosures in the accounts, and seeking explanations fi'oin you as charity trustees concei'ning any such inatters.
My role is to state whether any inaterial matters have coine to Iny attention giving me Cause to believe:
That accounting records were not kept in accordance with Section 386 of the Coinpanies Act 2006
That the accounts do not accord with those accounting records
That th¢ accounts do not coinply with Ihe accounting requirements of Section 396 of the Coinpanies Act 2006
and with the methods and principles of the Charities Statement of Recoinmended Pra¢tice applicable to chai'ities
preparing theii. accounts in accordance wilh the Financial Reporting Standai'd appltcable in ihe UK and Republic
of Ireland
That there is further inforination needed for a proper understanding of the accounts to be reached.
Independent examiner's statement
Since your charity's gross incoine exceeded £250,000 your exaininer inust be a meinber of a listed body. I can confirin
that l am qiialified to undertake the exainination because l am a ineinber of the Institute of Chaitered Accountants in
Ireland which is one of the listed bodies.
I have completed my exainination and have no conceins in respect of the Inatter5 (1) to (4) listed above and, in
connection with following the Directions of the Charity Coininission for Northern li'eland, I have found no inatters that
require drawing to your attention.
Q CLW)
Seainus McLei'non FCA
The Institute of Chaitered Accountants in Ireland
fvLL
M.B.McGrady & Co
Chartered Accountants
Suite 2B
Cadogan House
322 Lisburn Road
Belfast
BT9 6GH
Date:

Kabosh
Statement of Financial Activities
(Ineorporating an Incoine and Expenditure Account)
for the Yeai. Ended 31 March 2025
3113125
Total
funds
3113124
Total
funds
Unr¢s¢rictedRe5tricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
855
62,344
63,199
63,281
Charitable activitie5
Programining
Uni'¢strict¢d
275,730
275,730
52,418
108,627
54,370
52,418
Investment income
Othei. income
482
482
339
Total
57,686
338 074
395,760
247,951
EXPENDITURE ON
Charitable activities
Programming
Unrestricted
421,769
421,769
11,812
243,664
2,408
11,812
Total
421,769
433,581
246 072
NET INCOMEI(EXPENDITURE)
Transfers betiveen funds
45,874
81,140)
(83,695)
(37,821)
1,879
16
Net movement in funds
(35,266)
(2,555)
(37,821)
1,879
RECONCILIATION OF FUNDS
Total funds brought forward
76,253
25,853
102,106
100,227
TOTAL FUNDS CARRIED FORWARD
23,298
102 106
The notes forin pait of these financial stateinents

Kabosh
Slatement of Financial Position
31 March 2025
3113125
3113124
Notes
FIXED ASSETS
Tangible assets
12
10,803
7,757
CURRENT ASSETS
Debtors
Cash at bank
13
30,561
45,446
32,213
82,288
70,007
114,501
CREDITORS
Amounts falling due within one year
14
(22,525)
(20.152)
NET CURRENT ASSETS
94,349
TOTAL ASSETS LESS CURRENT
LIABILITIES
64,285
102,106
NET ASSETS
102 106
FUNDS
Unrestricted funds:
Unrestricted
Designated Funds
16
4,440
39,706
76,253
Restricted funds
23,298
TOTAL FUNDS
102,106
The charitable company is entitled to exeinption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2025.
The Ineinbei's have not i'equired the Coinpany to obtain an audit of its financial slatements for the year ended
31 March 2025 in accordance with Section 476 of the Coinpanies Act 2006.
The trustees acknowledge their iesponsibilities for
(a)
ensuring thal the charitable company keeps accounting records that coinply with Sections 386 and 387 of the
Coinpanies Act 2006 and
pi'eparing financial statements which give a true and fair view of the state of affairs of the Charitable coinpany as
at the end of each fmancial yeai. and of its sui'plus or deficit for each financial year in accordance with the
reqiiii'ements of Sections 394 and 395 and which othei'wise coinply with the i'equirements of the Companies Act
2006 I'elating to financial stateinents, so fai. as applicable to the charitable coinpany.
(b)
Tlie notes foi'in part of these financial 5tateineiits
10
continued...

Kabosh
Statement of Financial Position eontinued
31 March 2025
These financial stateinents have been prepared in accordance with the provisions applicable to charitable companies
subject to the sinall col￿panIeS regime.
Inancia
atement
were approved by the Board of Trustees and auihorised for issue on
were signed on it5 behalf by:
ine Gleghorne - Accountan
rustee
The notes foi'in part of these financial stateinents

Kabosh
Notes to the Financial Statements
for the Year Ended 31 March 2025
GENERAL INFORMATION
The charity is a private company liinited by guarantee and is a registered charity with the Charity Cominission
for Northern Ireland.
The registered office address of the charity is Iinperial Buildings, 72 High Street, Belfast BTI 2BE.
ACCOUNTING POLICIES
Basis of preparing the finaneial statements
The financial statements of the Charilable company, which is a public benefit entity under FRS 102, have been
prepared in accoi'dance with the Chai'ities SORP (FRS 102) 'Accounting and Reporting by Charities.. Stateinent
of Recommended Practice applicable to charities pi'epai'ing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standai'd applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial stateinents have been prepared under the historical cost
convention.
The charitable coinpany has taken advantage of the following disclosure exeinption in preparing these financial
stateinents, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland,:
the requirement5 of Section 7 Stateinent of Cash Flows.
Income
All incoine is recognised in the Stateinent of Financial Activities once the charity has entitleinent to the funds, it
15 probable that the incoine will be received and the ainount can be Ineasured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation cominitting the
charity to that expendituie, it is probable that a transfer of econoinic benefits will be required in settleinent and
the ainount of the obligation can be measured relÈably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category. Where costs Cannot be dii'ectly
attributed to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible fixed assets
All fixed assets al'e initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estiinated residual value, over the useful
economic life of that asset as follows..
Office equipment . 200/0 reducing balance
Taxation
The charity is exeinpt fi'oin corporation tax on its charitable activities.
Fund accounting
Uni'estricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds are uni'esti'icted funds eaiinarked by the ti'ustees for a particular future purpose.
12
continued...

Kabosh
Notes to the Financial Statements - continued
for the Year Ended 31 March 202S
ACCOUNTING POLICIES- continued
Fund accounting
Resti'icted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds ar¢ raised for particular restricted purposes.
Pension cost5 and other post-retiren)ent benefits
The charitable coinpany opei'ates a defined contribution pension scheme. Contributions payable to the
charitable coinpany's pension scheme are charged Éo the Stateinent of Financial Activities in the period to which
Ihey relate.
DONATIONS AND LECACIES
3113125
3113124
Donations
ACNI Annual Funding
Belfast City Council - Annual Support
1,199
37,000
25,000
1,281
37,000
INVESTMENT INCOME
3113125
3113124
Deposit account interest
482
339
13
continued...

Kabosh
Notes to the Fiiiancial Statements - continued
for the Year Ended 31 March 2025
INCOME FROM CHARITABLE ACTIVITIES
Unrestri¢t¢d
Funds
Restricted
Funds
Total Funds
2025
Total Funds
2024
Arts Council for Northern Ireland
(Projeets)
Core (Projects)
Commissioning
Arts and Older People
20.508
20.508
21,347
9,000
4,812
8,500
8,500
Arts Council Ireland
AitsEkta
Belfast Charitable Society
Belfast City Council
Culture Ireland
Departtnent of Foreign Affairs
Reconciliation Fund
Eastside Arts
Feile an Phobail
Foyle Foundation
Futui'e Screens Nl
The GatTick Trust
Outburst Arts
6,883
10,750
6,883
10,750
8,000
2,900
41,305
2,900
41,305
29,343
24,611
4,000
40,374
24,611
4,000
40,374
15,000
21,125
21,038
2,000
96,600
21,038
2,000
96,600
Ticket sales & earned in¢oine
52,418
52,418
279,469
331887
162,997
OTHER INCOME
3113125
3113124
Sundry income
21,334
Included in sundry income of £3,931 (2024: £21,334) is £2,173 (2024.. £16,169) relating to Theatre Tax Relief
claiins for the year ended 31 March 2024.
14
continued...

Kabosh
Notes to the Financial Statements- continued
for the Year Ended 31 March 2025
SUPPORT COSTS
Running
eosts
Governance
costs
Personnel
Totals
Programming
Unresti'icted
95,833
23,680
7,639
12,399
131,912
7,639
95,833
31
12,399
139 551
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after charging/(crediting)'.
3113125
3113124
Depi'eciation - owt]ed assets
Staff pension conti'ibutions
Independent examinei s fee
2,700
3,803
2,990
1,939
2,673
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
io.
STAFF COSTS
3113ll5
3113124
Wages and salai'ies
Social security Costs
Other pension costs
88,573
3,457
3,803
84,294
3,038
2,673
95,833
The average monthly nuinber of einployees during the year was as follows:
3113125
3113124
Adininistrative staff
No einployees received emoluinents in excess of £60,000.
Key MaJ)agement Personnel
Key Inanagen)ent personnel include all persons who have authority and i'esponsibility for planning, directiiig
and controlling the activities of the charity. The total considei'ation (incliiding einployei's national insui'aiice
contributions), paid to key Inanagement personnel foi. services provided to the charity was £92,030 (2024:
£87,332).
15
continued...

Kabosh
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ii.
COMPARA TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
199
63,082
63,281
Charitable activitie5
PrOgra1￿l￿1ng
Unrestt'icted
108,627
108,627
54,370
54.370
Investinent incoine
Other incoine
339
339
21,334
Total
76,242
171,709
247951
EXPENDITURE ON
Chai'itable activities
Pi'ogiainining
Unrestricted
243,664
110
243,664
2,408
2,298
Total
243,774
246,072
NET INCOMEI(EXPENDITURE)
Transfers betiveen fund5
73,944
47,839)
(72,065)
47,839
1,879
Net movement in funds
26,105
(24,226)
1,879
RECONCILIATION OF FUNDS
Total fund5 brought forward
50,148
50,079
100.227
TOTAL FUNDS CARRIED FORWARD
102,106
16
continued...

Kab05h
Notes to the Finaneial Statements - continued
for the Year Ended 31 March 2025
12.
TANGIBLE FIXED ASSETS
Office
Equipment
COST
At l April 2024
Additions
34,853
5,746
At 31 March 2025
DEPRECIATION
At l April 2024
Charge for year
27,096
2,700
At 31 March 2025
29,796
NET BOOK VALUE
At 31 Mai'ch 2025
10,803
At 31 March 2024
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113125
3113124
Trade debtor5
Other debtors
Prepayments and accrued incoine
30,331
21,988
33
10,192
230
30,561
32,213
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
3113125
3113124
Trade creditors
VAT
Other creditors
Accrued expenses
14,352
2,723
1,220
4,230
14,829
645
1,829
2,849
22,525
20.152
17
continued...

Kabosh
Notes to tlie Finaneial Statements - eontinued
for the Year Ended 31 March 2025
15.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
3113125
Total
funds
3113124
Total
funds
Unrestricted
funds
Restricted
funds
Fixed assets
Current assets
Current liabilities
4,397
36,954
6,406
39,053
22,161)
10,803
76,007
22,525)
7,757
114,501
20 152)
40,987
23,298
102,106
16.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
3113125
At 114124
Unrestricted funds
Unresti'icted
Designated Funds
39,706
45,874
(81,140)
4,440
36,547
76,253
45,874
(81,140)
40,987
Restrieted funds
Core
ACNI equipinent grant
Political Discoui'se In Schools
Maiy Ann The Forgotten Sistei.
BCC International Women's Day
ACN129809: The Occasional Gardener
2023-24
ACN131500: Cuckoo Land
Little Amal
Green & Blue USA Tour 2024
Callings 2024-25
Thi'ee Pay Days
Quartered 2024-25
Conflicting Narratives
Are You On The Bus? / Suspect Device
ACNI 33421.. The Occasional Gardener
2024-25
Reunion 2024-25
Julie
(47,077)
(1,201)
{590}
(3,229)
(102)
47,077
3,369
5,442
3,575
4,478
2,168
(4,852)
(346)
(4,376)
8,989
(8,928)
(6,300)
2,674
1,007
(34,701)
(4,243)
(324)
(6,396)
4,825
(61)
6,300
(2,674)
(1,007)
34,701
4,243
324
6,396
(4,585}
240
6,835
3,655
6,835
3,655
10,400
83,695)
81,140
TOTAL FUNDS
102,106
37 821}
64,285
18
continued...

Kabosh
Notes to the Financial Statements- continued
for the Year Ended 31 Mareh 2025
16.
MOVEMENT IN FUNDS- continued
Net inovement in funds, included in the above are as follows:
Incoming
resources
Resourees
expended
Movement
in funds
Unrestricted funds
Unrestricted
57,686
(11,812)
45,874
Restricted fund5
Core
ACNI equipment grant
Political Discourse In Schools
Mary Ann The Forgotten Sister
BCC International Woinen's Day
ACNI 29809: The Occasional Gardener
2023-24
ACNI 31500: Cuckoo Land
Little Amal
Green & Blue USA Tour 2024
CallÈngs 2024-25
Three Pay Days
Quartered 2024-25
Conflicting Nattatives
Are You On The Bus? I Suspect Device
ACNI 33421.. The Occastonal Gai'dener
2024-25
Reunion 2024-25
Julie
82,468
(129,545}
(1,201)
(590)
(3,294)
(102)
(47,077)
(1,201)
{590)
(3,229)
(102)
65
99
(9,027)
(6,300)
(8,075)
(30,529)
(61,212)
(21,444)
(324)
{46,770)
(91,895)
(8,928)
{6,300)
2,674
1,007
(34,701)
(4,243)
(324)
(6,396)
4,825
10,749
31,536
26,511
17,201
40,374
96,720
8,500
13,451
10,400
(1,665}
(9,796)
6,835
3,655
10,400
338 074
421769)
83,695)
TOTAL FUNDS
395 760
433,581)
37,821)
19
continued...

Kabosh
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
3113124
At 114123
Unrestricted funds
Unrestricted
Designated Funds
38,601
11,547
73,944
(72,839)
25,000
39,706
36,547
50,148
73,944
(47,839)
76,253
Restricted funds
Core
Quartered
The Barracks
ACNI equipinent grant
Silent Trade
Political Discourse In Schools
Lectui-es, Teaching & Collaborations
Reunion
Gi'een & Blue: 2023
ACNI Arts & Older People: The
Occasional Gardener 2023
Live & Learn
Mary Ann The Forgotten Sister
Belfast 2024.. Translinks
Not On Oui. Watch: Suinmer 2023
Third Person In Our Marriage
Do Rocks List¢n
Ti'aining
BCC International Woinen's Day
ACNI 29809: The Occasional Gardener
2023-24
ACN131 500.. Cuckoo Land
The Hearth.. BFF
3,000
(11,391)
(197)
{1,480)
(1,502)
19
(10,006)
(80)
(i)
(32,249)
8,391
197
1,480
4,871
3,369
(19)
15,448
5,442
80
(639)
19,635
640
12,614
8,000
5,506
(8,739)
(5,506)
3,575
(5,197)
(8,038)
(805}
(1,035)
(192)
4,478
739
3,575
5,197
8.038
805
,035
192
4,478
8,989
(2,700)
8)
8,989
2,700
50,079
47,839
25,853
TOTAL FUNDS
100227
1,879
102 106
20
coiitiiiued...

Kabosh
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- continued
Comparative net inoveinent in funds, included in ihe above are as follows:
Incoming
resources
Resources
expended
Movement
in fuilds
Unrestricted Cunds
Unreslricted
76,242
(2,298)
73,944
Restricted funds
Core
Quartered
The Baii'acks
ACNI equipment grant
Silent Trade
Political Discourse In Schools
Lectures, Teaching & Collaborations
Reunion
Green & Blue: 2023
ACNI Arts & Older People: The
Occasional Gardenei. 2023
Live & Learn
Mary Ann The Foi'gotten Sister
Belfast 2024: Translinks
Not On Our Watcli.. Suininer 2023
Third Person In Our Mai'i'iage
Do Rocks Listen
Training
BCC International Women's Day
ACN129809.. The Occasional Gardener
2023-24
ACNI 31500.. Cuckoo Land
The Hearth: BFF
100,363
(111,754)
(197)
(1,555)
(1,502)
19
(10,006)
(80)
(13)
(67,300)
(11,391)
(197)
(1,480)
(1.502)
19
(10,006)
(80)
(i)
{32,249)
75
12
35,051
501
(4,188)
21,418
(9,240)
(1,318)
(17,843)
(5,197)
(8,514)
(805)
(1,035)
(192)
(4,523)
(8,739)
(5,506)
3,575
(5,197)
(8,038)
(805)
(1,035)
(192)
4,478
476
9,001
9,000
(i i)
8,989
(2,700)
(2,700)
8) ￿8)
171,709
243,774)
72,065)
TOTAL FUNDS
247,951
246,072)
continued...

Kabosh
Notes to the Financial Statements - continued
for the Year Ended 31 Marcl) 2025
16.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
Transfers
betiveen
funds
At
3113125
At 114123
Unrestricted funds
Unrestricted
Designated Funds
38,601
119,818
(153,979)
25,000
4,440
36,547
50,148
119,818
(128,979)
40,987
Restricted funds
Core
Quailered
The Barracks
ACNI equipinent grant
Silent Trade
Political Discourse In Schools
Lectures, Teaching & Collaborations
Reunion
Gi'een & Blue: 2023
ACNI Arts & Older People: The
Occasioiial Gardener 2023
Live & Learn
Maiy Ann The Forgotten Sister
Belfast 2024: Translinks
Not On Our Watch.. Suinmer 2023
Third Pei'son Iii Our Mai'riage
Do Rocks Listen
Trainiiig
BCC International Woinen's Day
ACN129809.' The Occasional Gardener
2023-24
ACN131500.. Cuckoo Land
The Hearth.. BFF
Little Ainal
Green & Blue USA Tour 2024
Callings 2024-25
Three Pay Days
Quartered 2024-25
Conf]icting Nari7tives
Are You On The Bus? / Suspect Device
ACNI 33421.. The Occasional Gai-dener
2024-25
Reunion 2024-25
Julie
3,000
(58,468)
{197)
(1,480)
(2,703)
19
(10,596)
(80)
(i)
(32,249)
55,468
197
,480
4,871
2,168
(19)
(4,852)
80
(639)
19,635
15,448
640
12.614
8,000
5,506
(8,739)
(5,506)
346
(5,197)
(8,038)
(805)
(1,035)
(192)
4,376
739
(346)
5,197
8,038
805
1,035
192
(4,376)
61
(9,000)
(8)
2,674
1,007
(34,701)
(4,243)
(324)
(6,396)
4,825
(61)
9,000
(2,674)
(1,007)
34,701
4,243
324
6,396
(4,585)
240
6,835
3,655
10,400
6,835
3,655
10,400
155,760)
128 979
TOTAL FUNDS
100,227
35,942)
64,285
22
continued...

Kabosh
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- continued
A current year 12 Inonths and prior year 12 months coinbined net movem¢nt in funds, included in the above are
as follows:
Incoming
resources
Resourees
expended
Movement
iii funds
Unrestricted funds
Uni'estricted
133,928
(14,110)
119,818
Restricted funds
Core
Quartered
The Baii'acks
ACNI equipinent grant
Silent Ti'ade
Political Discourse In Schools
Lectures, Teaching & Collaborations
Reunion
Green & Blue.. 2023
ACNI Arts & Oldei. People.. The
Occasional Gardener 2023
Live & Learn
Maiy Ann The Forgotten Sister
Belfast 2024.- Translinks
Not On Our Watch.. Suininer 2023
Third Person In Oui- Marriage
Do Rocks Listen
Ti'aining
BCC International Woinen's Day
ACN129809: The Occasional Gardenei.
2023-24
ACN131500: Cuckoo Land
The Hearth: BFF
Little Ainal
Green & Blue USA Tour 2024
Callings 2024-25
Three Pay Days
Quartei'ed 2024-25
Conflicting Narratives
Are You On The Bus? I Suspect Device
ACNI 33421.. The Occasional Gardener
2024-25
Reunion 2024-25
Julie
182,831
(241,299)
(197)
(1,555)
(2,703)
19
(10,596)
(80)
(13)
(67,300)
(58,468)
(197)
(1,480)
(2,703)
19
(10,596)
(80)
(i)
(32,249)
75
12
35,051
501
(4,188)
21,483
(9,240)
(1,318)
(21,137)
(5,197)
(8,514)
(805)
(1,035)
(192)
(4,625)
(8,739)
(5,506)
346
(5,197)
(8,038)
(805)
(1,035)
(192)
4,376
476
9,001
9,099
(9,038)
(9,000)
(8)
(8,075)
(30,529)
(61,212)
(21,444)
(324)
(46,770)
(91,895)
61
(9,000)
(8)
2,674
1,007
(34,701)
(4,243)
(324)
(6,396)
4,825
10,749
31,536
26,511
17,201
40,374
96,720
8,500
13,451
10,400
(1,665)
(9,796)
6,835
3,655
509 783
665,543)
155,760)
TOTAL FUNDS
643,711
679 653)
35 942)
23
continued...

Kabosh
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
17.
RELATED PARTY DISCLOSURES
There were £300 of fees paid to trustees, for work performed for the charity during Ihe year ended 31 March
2025 {2024'. nil).
24

Kabosh
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
3113125
3113124
INCOME AND ENDOWMENTS
Donations and legacies
Donations
ACNI Annual Funding
Belfast City Council - Annual Support
1,199
37,000
1,281
37,000
25,000
63,199
63,281
Investment incom¢
Deposit account interest
482
339
Charitable g¢tivities
Project grants
Ticket and earned incoine
275,730
108,627
54,370
328,148
162,997
Other ineome
Sundry incoine
3,931
Total incoming resources
395,760
247,951
EXPENDITURE
Charitable activities
Other motor / travel costs
Production publicity costs
Actors costs
Set, costlime & stage expenses
Othei. pi'oduction costs
Venue hire
Bad Debt Write Off
58,260
14,204
103,794
26,368
84,866
6,538
41,681
2,937
41,952
7,723
34,245
1,686
58)
294,030
130,166
Support costs
Personnel
Wages
Social security
Pensions
88,573
3,457
3,803
84,294
3,038
95,833
90,005
This page does not foiin part of the statutory financial stateinents
25

Kabosh
Detailed Statement of Financial Aetivities
for tlie Year Ended 31 Mareh 2025
3113125
3113124
Personnel
Running costs
Insurance
Light aiid heat
Telephone
Postage and stationery
Sundi'ies
Bank charges
Rent
Legal & Consiiltancy fees
Repairs & maintenance
Marketing costs
Other inotor I travel costs
Subscriptions
Coinputer maintenance
Depreciation of tangible fixed assets
2,482
2,708
2,538
165
2,755
423
,562
40
2,270
4,173
505
1,366
632
2,700
2,407
1,528
1,776
203
2,038
290
6,432
1,669
72
762
737
31,319
19,853
Governance costs
Bookkeeping fees
Accountancy fees
Board expenses
8,169
4,196
34
5,930
118
12,399
6,048
Total I'esources expended
433,581
246,072
Net (expenditur¢)lincome
37,821)
This page does not form part of the statiitory financial stateinents
26