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2025-05-31-accounts

MOFFAT THEATRE TRUST (SCIO) FINAL ACCOUNTS

31°' MAY 2025

offat Theatre Trust (SCIO Scottish Charity Number $C012701 Trustees’ Report and Accounts for the year ended 31% May 2025

The Trustees have pleasure in presenting their report together with the financial statements for the year ended 31st May 2025.

Reference and Administrative Information

Charity Name

Moffat Theatre Trust (SCIO)

Charity Number $C012701

Contact Address

Moffat Theatre Trust, Old Well Road, Moffat, DG10 SAP

Structure, Governance and Management

Governing Document

The Trust is a Scottish Charitable Incorporated Organisation (SCIO) and the purposes and administration arrangements are set out in the constitution. The SCIO was incorporated on 4" July 2013 as Old Well Theatre Trust but prior to this was classed as an unincorporated association under the name of Upper Annandale Dramatic Society. On 29" May 2024 the SCIO changed its name to Moffat Theatre Trust (SCIO).

Recruitment and Appointment of Trustees

All of the Trust's Trustees are appointed or re-appointed by the Trustees at the Annual General Meeting each year. This year however, an extraordinary AGM and members meeting was held due to a requirement to change the name from Old Well Theatre to Moffat Theatre and a change in trustees. Also due to continued sabotage and a campaign against the theatre. All of which was documented to both the police and to the charity regulator OSCR who had to grant permission for the name change and who were actively invited in by the Chairto support, guide and audit us as required.

Objectives and Activities

Charitable Purposes

The Trust's purposes are to advance the education of the public in the performing arts and to further public appreciation of the said arts by:-

  1. presenting for public performance a balanced range of performances of artistic and cultural merit; 2. creating opportunities for public involvement in all aspects of the performing arts; and

  2. providing educational opportunities in the performing arts for both adults and youth arm of the theatre.

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Moffat Theatre Trust (SCIO) Scottish Charity Number $C012701 Trustees’ Report and Accounts for the year ended 31% May 2025

Activities and Achievements

Another very active year for Moffat Theatre with the second show performed by the youth theatre group in Spring 2025 as well as a well-attended and highly successful drama workshop run by Bill Dawson for adults in Spring 2025.

On stage it was good to see a wide range of productions, Rutherford and Son, varied incoming shows of both drama and musical genre including “play and a pint production of Goodbye Dreamland Bowlarama’”, Tannahill Weavers and “The Singing Kettle” to namea few.

The Moffat Music Society held seven concerts at the Moffat Theatre. The season was very successful with average audiences of 51 and included two sell out concerts in August and January. The final concert was the annual young musicians’ event which had 17 performers of all ages and standards.

The choir is also doing well with a number of events in the year including their 25" Annual Christmas Concert and 80" year VE Day concert and sing along event. They have rehearsals on Wednesday nights starting in September and are always on the lookout for people to come along and join a friendly musical community - no need to know how to read music, they welcome all voice parts and adverts have been put out for new voluntary members and choir leader. All you need is a love of singing!

Moffat Movies continues to provide quality films right on our doorstep and has been a huge success this past year inclusive of documentaries and comedy showings such as “Conclave”, “Wicked” and “The Brutalist”. We have also welcomed a range of incoming shows from music and drama to comedy.

One of the significant challenges the Theatre faced was the exit of previous trustees who seemingly tried to sabotage the Theatre by taking away our website and domain name and creating false social media pages. Authorities were alerted to this. In the end we voted to change the name to Moffat Theatre with new website and social pages which have already gathered back the same number of followers. We are excited to be now working on having online booking, which will bring us more up to date and hopefully increase audience numbers further. We launched ice creams to sell during intervals which has been well received. A word of thanks also to INE, who has done so much to improve the outside areas with planting and weedkilling — it does make a huge difference. GE Continues the huge task of maintaining technical support and has done an incredible job. This includes investment into new equipment, software, and lighting to become more user friendly and easiertouse. Many people want to help at the theatre, but without going on stage to perform. So, this provides another way for people to help, and enjoy what they are doing — and the theatre cannot run without the large number of volunteers who run front of house, the bar, Moffat Movies, costume, set design, prop support, direction, building maintenance etc. A big thanks you to everyone who helps.

Wepantomimeare delightedwill beto written confirm by ourthat verythe next own Autumna.play for 2025 is anhas accomplishedalready beenwriter.decidedHe onwill beas “The doingWeir’.his ownThe Moffatnext centric version of “Scrooge”.

Financially we maintain a healthy position despite expenditure on a new website which excitingly has included the addition of an online booking system. As agreed at the committee meeting, some funds were moved into a new savings account this year to gain a more favourable rate of interest.

| would like to thank everybody involved who keeps this invaluable asset to our town running.

Financial Review

The result for the year shows a deficit of £27,480, in comparison to a surplus of £27,064 in the previous year.

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ScottishMoffatTheatreTrust (SCIO) Trustees’ Report and AccountsCharity forNumberthe year$C0127041ended 31*t May 2025

Reserves Policy

At the year end, the Trust had unrestricted funds of £9,821 and restricted funds of £3,687. The Trustees consider that the current funds are adequate to meet current costs.

The accounts for the year are attached and form part of this report.

This report was approved by the Trustees on 4" February 2026 and signed on their behalf by:

—_

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||||||||| |---|---|---|---|---|---|---|---| |MoffatTheatreTrust|(SCIO)| |Scottish|Charity|Number|$C012701| |nts|Account|st|202| |Unrestricted|Restricted|Total|Total| |Funds|Funds|2025|2024| |£|£|£|£| |Receipts| |Subscriptions|10|-|10|310| |Donations & Sponsorship|334|-|334|744| |Theatre|Lets|1,414|-|4,414|1,167| |Fundraising:| |Raffle|818|-|818|284| |Programme Sales|-|-|-|24| |Theatre|Sales:| |Bar Takings|4,945|-|4,945|5,854| |Ticket|Sales|15,008|-|15,008|14,506| |Miscellaneous|Income|50|-|50|-| |Bank|Interest|on|Investments|-|-|-|328| |Sale|of Investments|-|-|-|33,175| |Total|Receipts|22,579|.|22,579|56,392| |Payments| |Theatre|Costs|19,408|585|19,993|16,814| |Production|Costs|5,172|-|5,172|5,694| |Other|Charitable|Expenses|2,565|-|2,565|4,434| |Governance Costs|934|-|934|999| |Purchase of fixed|assets|-|1,395|1,395|1,059| |Purchase of Investments|20,000|-|20,000|-| |Interest|added|to|Investments|-|-|-|328| |Total|Payments|48,079|1,980|50,059|29,328| |(DEFICIT/SURPLUS FOR YEAR|(25,500)|(1,980)|(27,480)|27,064|

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ScottishMoffatTheatreTrust (SCIO) Receipts and Payments CharityAccount Numberfor the vearSC012701ended 31% May 2025

Analysisof Payments

Analysisof
of Payments
Unrestricted Restricted Total Total
Funds Funds 2025 2024
£ £ £ £
Theatre Costs:
Cleaning
Heat& Light
753
5,930
-
-
753
5,930
785
4152
Rates& Insurance
Repairs&Renewals
3,004
5,988
-
522
3,004
6,510
2,836
2,861
Licences
Lighting &Sound
220
532
-
63
220
595
270
2,451
Bar 2,981 - 2,981 3,459
19,408 585 19,993 16,814
Production Costs:
Fees 2,679 - 2,679 2,411
Books& Royalties 1,616 - 1,616 1,366
Sets, Props& Wardrobe 877 - 877 1,877
Hospitality - - - 40
5,172 __: 5,172 _5,694
Other Charitable Expenses:
Film Hire 1,358 - 1,358 2,023
Raffles 213 - 213 -
Advertising &Website 994 - 994 -
Professional Fees - - - 2,414
2,565 - 2,565 4,434
Governance Costs:
Telephone 415 - 415 356
Printing, Stationery& Photocopying 168 - 168 360
Miscellaneous 99 - 99 43
Independent Examiner's Fees 252 - 252 240
934 __ 934 999

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ScottishMoffatTheatreCharity NumberTrust (SCIO) $C012701 Statement of Balances as at 31% May 2025

2025 2024
£ £
Bank and Cash in Hand
Opening Balances 40,988 13,924
(Deficit)/Surplus forthe year (27,480) 27,064
Closing Balances 13,508 _ 40,988
Reserves
General Unrestricted Funds 9,821 35,321
Restricted Funds— — Projects forYoung People 378 378
—SSE: Equipmentpurchasesetc. 2,880 4,860
~ DementiaAfternoons 80 80
— MoffatMovies 349 349
3,687 5,667
Total Reserves 13,508 40,988
Assets
Bank InvestmentAccounts Accounts at Market Value 20,000 -
Equipment (estimated value) 30,000 30,000
Old Well Theatre, Moffat(estimated original cost) 4,000 4,000
54,000 34,000

All assets represent unrestricted funds of the Trust. The Trust has no other investments, assets or material liabilities.

Approved by the Trustees on 4" February 2026 and signed on their behalf by:

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Moffat Th Notes to theScottishAccountsCharityfor the Numbeyea r SC012701ended 31* May 2025

1. Basis of accounting

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) regulations 2006 (as amended).

2. Nature and purpose of funds

Unrestricted funds are those that may be used at the discretion of the Trustees in furtherance of the objects of the charity. The Trustees maintain a single unrestricted fund for the day-to-day running of the charity.

Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donoror when funds are raised for specific purposes. The Trust still holds restricted funds of £3,687, all of which was brought forward from earlier years, to use for various projects as outlined on page 6.

3. Related party transactions

None of the Trustees received remuneration for their services and four Trustees were reimbursed for expenditure during the year totalling £1,346, with the majority relating to sets, props and wardrobe, repairs and renewals, bar expenses and performer fees (2024 — four Trustees reimbursed a total of £3,466 with majority relating to sets, props and wardrobe, light and sound, repairs and renewals and equipment purchased).

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Moffat Theatre Trust (SCIO) IndependentExaminer’s Report to the Trustees

| report on the Charity Trustees on my examination of the accounts of the Charity for the year ended 31s! May 2025 set out on pages4 to 7.

Respective Responsibilities of the Trustees and the Examiner

The Charity's Trustees are responsible for the preparation of the accounts in accordance with the terms of The Charities and Trustee Investment (Scotland) Act 2005 and The Charities Accounts (Scotland) Regulations 2006 (as amended). The Charity Trustees consider that the audit requirement of Regulation 10(1)(d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Report

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

In the course of my examination, no matter has come to my attention:

have not been met; or

Carson & Trotter Chartered Accountants 123 Irish Street Dumfries DG1 2PE

9 February 2026

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