REGISTERED COMPANY NUMBER: 05453546 (England and Wales)

REGISTERED CHARITY NUMBER: 1115847

ACORN COMMUNITY THEATRE LIMITED

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Page

Reference and Administrative Details

1

Report of the Trustees

2

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Cash Flow Statement

8

Notes to the Cash Flow Statement

9

Notes to the Financial Statements

10

to

14

TRUSTEES

Mrs Hayla Alison Hawes

Mrs Janet Elizabeth Hurst

Miss Gillian Marjorie Wenger

Dr Ian Richard McKeer

Mr John Edward Murdoch (resigned 10.12.2024)

Deacon Emily Hoe-Cook (appointed 1.5.2024) (resigned 19.12.2024)

Mrs Jeanette Adams

Ms Julie Foster (appointed 19.12.2024)

REGISTERED OFFICE

Queen Street

Worksop

Nottinghamshire

S80 2AN

REGISTERED COMPANY NUMBER

05453546 (England and Wales)

REGISTERED CHARITY NUMBER

1115847

INDEPENDENT EXAMINER

Brown & Co.

9 Sparken Hill

Worksop

Nottinghamshire

S80 1AX

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement 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).

OBJECTIVES AND ACTIVITIES

The Charity's Objects are:

1) To provide and promote the Acorn Theatre as a venue for the performing and visual arts for the benefit of the people of Worksop, Nottinghamshire and the surrounding areas.

2) To promote, maintain , improve and advance education in the performing arts particularly by encouraging the arts of Drama, Dance, Singing and Music. To offer other arts experiences which assist in developing self and social awareness, self-confidence and empowerment for the purpose of social inclusion and participation in the live arts.

In providing the only dedicated theatrical venue in Worksop and thereby contributing to the town's cultural life the trustees have had due regard to the guidance issued by the Charity Commission.

The theatre auditorium and Oak Suite are hired either for performances or rehearsals or both by amateur and professional groups or artists. These cover dance, drama, musicals, popular music and magic.

A reciprocal arrangement with the Crossing church allows groups to use the church if the theatre is fully booked and vice-versa. This benefits both parties and their hirers.

The charity is run entirely by volunteers including the Trustees. They administer the theatre, staff the box office, bar and kiosk, provide technical support for some user groups and maintain the building within the limitations of the insurance cover.

ACHIEVEMENTS AND PERFORMANCE

The theatre was used by local amateur groups and professional acts during the year. The three founder groups remained the principal users, all of them both rehearsing and performing at least twice during the year. Dance schools were the other main users. The professional acts were ones performing popular music from the later decades of the last century. Twenty nine events took place with a total of sixty one performances. As in previous years these included four Theatre Weeks and three Schools Weeks; both for young people to put on a play in a week. All these activities were in line with the charity's objectives.

The fundraising group completed a year's work raising funds for the expansion of the toilets. Events included a Singathon, craft fairs and comedy nights.

FINANCIAL REVIEW

Under the provisions of S144(1) of the Charities Act 2006 an audit is not required and the accounts have been subject to independent examination. These accounts together with the independent examiner's report will be submitted to the Charity Commission along with this Annual Report and the Annual Return.

Reserves - To retain a reserve of £4k and a contingency fund of £10k. The former is sufficient to cover the running costs of the theatre should there be no income for one quarter.

The principal sources of funds are the hire of the premises and profits from the bar and kiosk.

Expenditure has supported the charity's objectives by maintaining the building in a fit state for its users and for public performances.

The charity has no investments.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Acorn Community Theatre Limited is a company limited by guarantee governed by its Memorandum and Articles of Association dated 13th January 2020. It is registered as a charity with the Charity Commission.

Directors and trustees

Trustees can be elected at the AGM, nominated by one of the three founder groups or the landlord or co-opted by the board as stipulated in the M&A. Co-opted trustees are then subject to election at the next AGM.

The charity is overseen by a Board of Trustees whose members are also directors of the limited company. Specific directors have responsibility for overseeing some functions and the work of volunteers. There are also two officers, the Treasurer and the Company Secretary appointed by the board.

There are Health & Safety, CCTV, Data Protection, Safeguarding, IT, Age Verification and Conflict of Interest policies. Within Health & Safety there are Fire, Legionella and Performance risk assessments. In addition there is a Code of Conduct for volunteers and trustees plus Guidance for Trustees and a Complaints Procedure. Together these are used to manage risk.

Financial risks are controlled by adherence to a spending code and a cash handling code.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

Approved by order of the board of trustees on 10 November 2025 and signed on its behalf by:

Dr Ian Richard McKeer - Trustee

Independent examiner's report to the trustees of Acorn Community Theatre Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

J Brown

Brown & Co.

9 Sparken Hill

Worksop

Nottinghamshire

S80 1AX

10 November 2025

2025

2024

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and fundraising

3,017

12,513

15,530

9,771

Charitable activities

Operation of theatre

52,835

-

52,835

43,764

Investment income

2

591

-

591

122

Total

56,443

12,513

68,956

53,657

EXPENDITURE ON

Raising funds

989

-

989

305

Charitable activities

Operation of theatre

46,045

-

46,045

47,881

Total

47,034

-

47,034

48,186

NET INCOME

9,409

12,513

21,922

5,471

RECONCILIATION OF FUNDS

Total funds brought forward

108,143

4,945

113,088

107,617

TOTAL FUNDS CARRIED FORWARD

117,552

17,458

135,010

113,088

2025

2024

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

6

57,551

-

57,551

70,128

CURRENT ASSETS

Stocks

7

1,327

-

1,327

1,345

Debtors

8

453

-

453

5,549

Cash at bank and in hand

60,069

17,458

77,527

42,176

61,849

17,458

79,307

49,070

CREDITORS

Amounts falling due within one year

9

(1,848

)

-

(1,848

)

(6,110

)

NET CURRENT ASSETS

60,001

17,458

77,459

42,960

TOTAL ASSETS LESS CURRENT LIABILITIES

117,552

17,458

135,010

113,088

NET ASSETS

117,552

17,458

135,010

113,088

FUNDS

10

Unrestricted funds

117,552

108,143

Restricted funds

17,458

4,945

TOTAL FUNDS

135,010

113,088

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Companies Act 2006 and

(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 on 10 November 2025 and were signed on its behalf by:

Dr Ian Richard McKeer - Trustee

Cash flows from operating activities

Cash generated from operations

1

37,657

6,898

Net cash provided by operating activities

37,657

6,898

Cash flows from investing activities

Purchase of tangible fixed assets

(2,897

)

(36,760

)

Interest received

591

122

Net cash used in investing activities

(2,306

)

(36,638

)

Change in cash and cash equivalents in the reporting period

35,351

(29,740

)

Cash and cash equivalents at the beginning of the reporting period

42,176

71,916

Cash and cash equivalents at the end of the reporting period

77,527

42,176

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025

2024

£

£

Net income for the reporting period (as per the Statement of Financial Activities)

21,922

5,471

Adjustments for:

Depreciation charges

15,077

8,331

Loss on disposal of fixed assets

397

42

Interest received

(591

)

(122

)

Decrease in stocks

18

605

Decrease/(increase) in debtors

5,096

(2,570

)

Decrease in creditors

(4,262

)

(4,859

)

Net cash provided by operations

37,657

6,898

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.5.24

Cash flow

At 30.4.25

£

£

£

Net cash

Cash at bank and in hand

42,176

35,351

77,527

42,176

35,351

77,527

Total

42,176

35,351

77,527

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement 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.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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 directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance, 15% on reducing balance, 10% on cost and 10% on reducing balance

Computer equipment

-

25% on reducing balance

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 arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	INVESTMENT INCOME

2025

2024

£

£

Interest receivable

591

122

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

15,077

8,331

Deficit on disposal of fixed assets

397

42

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and fundraising

7,661

2,110

9,771

Charitable activities

Operation of theatre

43,764

-

43,764

Investment income

122

-

122

Total

51,547

2,110

53,657

EXPENDITURE ON

Raising funds

-

305

305

Charitable activities

Operation of theatre

47,831

50

47,881

Total

47,831

355

48,186

NET INCOME

3,716

1,755

5,471

RECONCILIATION OF FUNDS

Total funds brought forward

104,427

3,190

107,617

TOTAL FUNDS CARRIED FORWARD

108,143

4,945

113,088

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2024

163,410

1,621

165,031

Additions

2,898

-

2,898

Disposals

(2,317

)

(86

)

(2,403

)

At 30 April 2025

163,991

1,535

165,526

DEPRECIATION

At 1 May 2024

93,910

993

94,903

Charge for year

14,941

136

15,077

Eliminated on disposal

(1,968

)

(37

)

(2,005

)

At 30 April 2025

106,883

1,092

107,975

NET BOOK VALUE

At 30 April 2025

57,108

443

57,551

At 30 April 2024

69,500

628

70,128

7.

STOCKS

2025

2024

£

£

Stock

1,327

1,345

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

266

5,549

Sundry debtors prepayments

187

-

453

5,549

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,848

6,110

10.	MOVEMENT IN FUNDS

Net

movement

At

At 1.5.24

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

108,143

9,409

117,552

Restricted funds

Charities Aid Foundation fund

1,125

-

1,125

Toilet refurbishment fund

3,820

8,301

12,121

Screen fund

-

4,212

4,212

4,945

12,513

17,458

TOTAL FUNDS

113,088

21,922

135,010

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

56,443

(47,034

)

9,409

Restricted funds

Toilet refurbishment fund

8,301

-

8,301

Screen fund

4,212

-

4,212

12,513

-

12,513

TOTAL FUNDS

68,956

(47,034

)

21,922

Comparatives for movement in funds

Net

movement

At

At 1.5.23

in funds

30.4.24

£

£

£

Unrestricted funds

General fund

104,427

3,716

108,143

Restricted funds

Charities Aid Foundation fund

1,175

(50

)

1,125

Toilet refurbishment fund

2,015

1,805

3,820

3,190

1,755

4,945

TOTAL FUNDS

107,617

5,471

113,088

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

51,547

(47,831

)

3,716

Restricted funds

Charities Aid Foundation fund

-

(50

)

(50

)

Toilet refurbishment fund

2,110

(305

)

1,805

2,110

(355

)

1,755

TOTAL FUNDS

53,657

(48,186

)

5,471

11.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2025.

12.	POST BALANCE SHEET EVENTS

No events have taken place since the end of the year which need to be shown in these accounts.