OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Skylight Circus In Education

2025-03-31-accounts

|

----- Start of picture text -----
@
@
----- End of picture text -----

SKYLIGHT CIRCUS IN EDUCATION T/A SKYLIGHT CIRCUS ARTS ANNUAL REPORT AND FINANCIAL STATEMENTS , FOR THE YEAR ENDED 31ST MARCH 2025

REGISTERED CHARITY 1001570 COMPANY LIMITED BY GUARANTEE 02567143

Page 1

SKYLIGHT CIRCUS IN EDUCATION

CONTENTS

Pages
Administrative Information 3
Trustees’ and Directors’ Annual Report 4-26
Independent Examiners Report 27
Statement of Financial Activities 28
Summary Income and Expenditure Account 29
Balance Sheet _ 30
Notes to the Accounts 31-38
DetailedStatementofFinancialActivities 39-40

Page 2

| |

SKYLIGHT CIRCUS IN EDUCATION ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED MARCH 31 2025

CHARITY NAME

Skylight Circus in Education Also known as Skylight Circus Arts and Skylight

COMPANY NUMBER

02567143

CHARITY NUMBER

1001570

REGISTERED OFFICE AND OPERATIONAL ADDRESS

St Chads Fold Sparrow Hill Rochdale OL16 1QT

TRUSTEES

Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

J. Riley - Chair

E. Short - Secretary

N. White - Appointed 16 January 2012

J. Macpherson - Appointed 8th September 2015 M. Lee - Appointed 14th June 2017 M. Ramsdale - Appointed 23rd December 2021 J. Hurn, Treasurer - Resigned 31st March 2024 A.Navesy Hall - Appointed 17th October 2024 B.Sultana - Appointed 17th October 2024

KEY MANAGEMENT

Martine Bradford - Director

BANK

Co-operative Bank P.L.C 1 Balloon Street Manchester M60 4E

INDEPENDENT EXAMINER & ACCOUNTANTS

Angelika Gacek

Pennine Accounting Limited 109a Church St Littleborough OL15 8AA

Page 3

SKYLIGHT CIRCUS IN EDUCATION

Trading as: Skylight Circus Arts

TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT 31ST MARCH 2025

The trustees present their report and the unaudited financial statements for the year ended 31st March 2025. Included within the trustees’ report is the directors’ report required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Purposes, Aims, Objectives and Skylight Activities

Purposes and aims in Skylight’s original governing document:

‘To promote, maintain, improve and advance education for the public benefit by the demonstration and teaching of human circus skills. To relieve the needs of disabled persons by the demonstration and teaching of human circus skills to such persons’ (1990)

Charity Commission Activities Overview 2020

Life-changing social circus projects to improve health and well-being. Collaborations: professionals and members to create productions. Specialisms: circus with disability, diversity, mental health, challenging young people. Address challenges in communities with multiple deprivation.

Purposes 2020 Summary. ‘Benefiting individuals and communities through circus arts training, performance and workshops. Skylight’s base in central Rochdale is in an area of multiple deprivation and activities extend across the region.

Aims, objectives and activities are reviewed by the trustees each year. The trustees ensure the charity remains focused on its stated purpose. This report looks at the achievements of the charity and the outcomes of its work in the reporting period from April 2024 to March 2025.

|

Page 4

| | | | | |

FOREWORD

A year of circus magic, bold ideas, big leaps (literally!) and a fair share of hurdles too. Through it all, Skylight Circus Arts has kept moving forward, adapting and continuing to bring the joy of circus in ways that deepen connections and enrich experiences.

We've secured income from grant makers and commissioners, no small feat in a challenging funding climate. Despite this, we’ve continued to innovate, expand our reach, increase global majority participation to 29.05% and keep people and purpose at the heart of what we do.

Although we ended the year with an unplanned operating loss that affected our free reserves, plans are already in place to build resilience. We won’t let challenges overshadow what has been an incredible year. We welcomed over 9,000 people into the world of circus through our studio, in schools, community centres and at festivals across Greater Manchester and the North West England.

Our brilliant (and tiny) team delivered over 570 workshops and more than 11,000 people experienced Skylight performances, a highlight being SKY Fl, co-created and performed by our reestablished youth performing troupe SPOTLIGHT.

We’ve grown our work in special schools, dementia care homes and community spaces, reaching children and young people who might not otherwise access the arts. We partnered with Proud and Loud to run a summer programme for adults with disabilities in Manchester and brought the magic of circus to the Children's Adventure Farm Trust at their three-day festival for families with disabled children.

\’m proud of our team’s creative response to the impact of young people’s mental health. With partners like Create Rochdale and Rochdale Early Help and Schools team we've delivered vital school projects that combine circus, care and creativity to help children reconnect, rebuild confidence and have fun.

Thanks to our partnership with Culture Coop in Rochdale we launched Fireflies, our dazzling new community fire project. There’s something magical and mischievous about using flame as a tool for creative expression. Our youth and community performers helped bring the fire to the Ignite Fire Festival.

Thank you for being right there with us. Your support and belief in what we do means the world.

Martine Bradford, Director

Page 5

| |

YEAR IN FOCUS: 2024 - 2025

CIRCUS FOR WELLBEING

‘Circus For Wellbeing’ is our strand of work which specifically supports physical and mental health and wellbeing.

Skylight is inclusive. Projects this year covered people with a variety of needs and disadvantages:

Project Work Highlights

CIRCUS GLOBE

Supported by Action Together, our Circus Globe project for refugees and asylum seekers (including young people from Ukraine, Eritrea, Syria and Iraq) have grown far beyond expectations. Working with trauma-informed specialists, these sessions provided a safe, creative outlet for new arrivals in crisis. We provided circus activities for the families, with some participants performing with us at Rochdale’s Feel Good Family Picnics.

Page 6

SIDE BY SIDE CIRCUS

Supported by NHS Greater Manchester Integrated Care Partnership funding, our SIDE BY SIDE project uses circus to support the mental and physical wellbeing of young people aged 4 to 18 and their families. Many of the children and families we work with face significant social and emotional challenges. The project provides a supportive and welcoming space where they can build confidence, strengthen relationships and develop self-belief. Some participants are living with the impact of trauma, neurodiversity, low mental wellbeing or emotional and behavioural challenges. This year we saw far more families taking part than expected with over 220 participants this year. Sessions included participants from self-referrals to Skylight Circus Arts Saturday Morning Sessions, children from Broadfield Community Primary School and young people from Barnardo's Youth Group.

MIDDLETON HOLIDAYS AT HOME

Middleton Holidays at Home funding from Your Trust's, Middleton Township Fund, provided summer circus fun sessions and healthy food at the Burnside Centre, for young people 6 - 12 years in socially disadvantaged areas.

SILVER CIRCUS

For over 60’s, continues to flourish. In addition to their regular sessions, members of the group performed their circus skills at local events and shared the tales from our SPARROW HILL project in a mini tour of our Pop Up Book. We further developed the SILVER CIRCUS project by taking circus skills into care homes for those living with dementia at Apna Ghah, Beechwood Lodge and Belvoir.

BBC CHILDREN IN NEED FUNDED SPRING 3

30 June 2024 saw our beautiful 3 year project for children with SEND conclude, It culminated with animated afterschool circus activities and performance at Newlands Primary School. The first iteration of Spring 1 began ten years ago

CIRCUS JOY

‘Circus Joy’ is our strand of work focused on circus activities for leisure and entertainment.

Projects, Classes & Commissions Highlights

We run up to eight regular weekly sessions for different ages and abilities. These include four youth circus and youth aerial classes, circus for adults, SILVER CIRCUS and ‘Ropes’ — our innovative session for adults with profound and additional needs. Harnesses and hoists are used alongside circus equipment to offer unique experiences. This year, 213 participants attended our classes.

Our annual Show Ho Ho, performed over two nights, brings together all participants from our classes and projects to share the joys of circus performance with family and friends.

Skylight’s ambition is to increase the quality and quantity of circus and aerial performance. Thanks to Arts Council England funding, we re-established our SPOTLIGHT Youth Performance Troupe and cocreated with the young people their debut show Sky Fi, performed at Skylight’s venue in March 2025. The group includes 15 local young people aged 11 to 20 years who have a desire to push their circus and performance skills further. Many are neurodivergent and some experience anxiety, low mood and confidence. Skylight provides a space where they can be themselves, express their individuality and build confidence and self belief through high-quality training with industry professionals in circus, aerial and performance. 91.67% of members said their confidence improved after they’d co-created SKY-FI.

Page 7

We were commissioned by Rochdale Borough Council to deliver circus and aerial taster workshops and performances at the ‘Feel Good Family Picnics’. Skylight’s Youth Circus and SILVER CIRCUS seniors groups performed in four parks across the Borough.

We also shared the joys of circus at Darnhill Festival, led by Cartwheel Arts. Participants from Youth Circus joined the community parade and provided ‘Have-A-Go’ circus workshops for the local community.

Additionally, we attended the Rochdale Borough Culture Network Conference at Rochdale Town Hall, where participants from SILVER CIRCUS and SPOTLIGHT performed.

Outreach Work

Our outreach work took circus joy across Rochdale Borough, Greater Manchester, Lancashire and West Yorkshire. Sessions included workshops and performances in the community, youth and education settings, and small outdoor events.

Highlights include:

CIRCUS PATHWAYS

Our Pathways strand brings together our education and career development work. This year we expanded our education offer, forming new partnerships to support teachers’ creative development. Co-produced delivery has helped us measure the impact of circus on wellbeing and a whole-person approach to learning.

Research into the barriers schools face when embedding creative wellbeing, in collaboration with Comino Foundation, Curious Minds and Greater Manchester Combined Authority (GMCA), is shaping the future direction of our work.

Our CIRCUS SPARKS ‘Train the Trainer’ programme with Rochdale Borough Council Early Help and Schools team ran on a smaller scale this year due to limited funds but still delivered strong results, supporting primary school children who missed key learning opportunities during lockdown.

We strengthened our partnerships with local schools and remain an active member of Create Rochdale, the town’s Local Cultural Education Partnership (LCEP).

Highlights included:

Page 8

We continued to provide opportunities for our youth circus participants to gain hands-on experience within the creative industry. This included supporting young volunteers to assist in teaching circus and aerial skills in our regular classes and at outreach events. Participants also gained practical technical experience, helping with stage lighting and preparing our space for performances.

Over the year, we supported three secondary school students, each completing a week-long work placement with us. In a further step forward, a member of our youth circus has joined the staff team, now paid as a trainee circus teacher on some projects and outreach activities, demonstrating the real career pathways our programmes can create.

BENEFICIARY FEEDBACK

“Skylight has long been one of Rochdale’s most distinctive and inspiring cultural organisations. Your commitment to inclusive, imaginative work that brings people together - across generations and abilities - is something our borough can be proud of. Whether it’s circus arts in education, outreach work or simply creating joy in unexpected places, Skylight continues to make a remarkable contribution to the life of our community.”

Page 9

|

adrenaline sensory need met! There was a time | wondered if she would ever be able to live independently & now | think she may well end up my most independent child. We are so proud of you”

- Parent of Youth Circus & Spotlight Participant

“| met a friend in town who said come to Skylight Silver Circus. It took 2 months to pluck up courage but | finally made it. Staff and people are so friendly and made me feel at home right away. | was taught how to learn to juggle to start with, which gave me coordination and also exercise. Everyone was encouraging and supportive. | slowly started learning other skills. | look forward to going to Skylight Silver Circus, as |!am on my own and get to mix with other people. | don’t go out much and it’s nice to be able to chat as well, my family are overseas and they know that | enjoy myself going to Silver Circus. | have found a new lease of life at 81 and look forward to Mondays, brilliant!

- Silver Circus (for over 55’s) Participant

“Sessions were thoroughly enjoyed by the ladies group. They said it was the best fun exercise they’ve ever participated in & would love for these sessions to take place again. A great way of reducing isolation & getting the ladies to get out & about; it’s really helped them to relax as well as helping to ease their depression.”

|

Page 10

|

----- Start of picture text -----
t + 7 — pe ere Soest\ Seep aeens a an
- sls eae wae Stes aS aa PAAR xT) nrg _—
i] (6s> “i ee eee
F See Me| oe
ee : “
CircAsylperformance u sm GlobeSeekeat F &Rochdale's r ojectRefugee FamiliesFeel Good CircusFamilySessioPici n icss and
June - July 2024
4 } are) a AF = a
nad = , > ss oe eats J — ; > -
-@ tae } .
: an
> _ = } Fd vw
a . ¢ ~ ks 8 A
(fe r = % = 4 ay
ae Re 4 t- (ees eee -
vateSaturdayBegaMorning FamiliS e sssions ay ~ eoSts
(CB Funded Project 2 eo
Autumn 2024 ‘ ae
hy 4 A : La. 2:
< an “ i ‘ey ¥ : i a ; i =z Bh 2
. wm ot Sd o .
ee Vege ow Was ay
Adf hora| i NO Vere fF, Benne
hy)] Pt idey a)Sk a PRS eS be 5 Broadfield Community Primary Schoo!
ry £4] Bie Wi ee, 5 ae Side by Side
itMe is)ee Faa o» Bat $ aR F Faas= ICB Funded roject
Burnside Centre Summer Circus
MiddletonAugust [2024] HolidayAtHome
----- End of picture text -----

Page 11

----- Start of picture text -----
< “Re. % _— fr:
ce Pt GDa De? as7 oe ¥ ER
Silver Circus Project
Apna Ghah Mens Group
Awards For Ail Funded | January 2025
ij A.
43 eek fe : a
y Z y
f- 7ie 3 : 4 7 S # NY
en ‘
Beechwood Silver Circus Project
Awards For Lodge All Funded & Belvoir| January Care Home2025
oe 2" | =
ve % er eo =
> -—. \
AugustProudCircus summer and2024 Loud programme| Contact for Theatre adults with disabilities Weekly RopeAdults withSwing BisabiltiesSession
----- End of picture text -----

Page 12

----- Start of picture text -----
. , - 7S EB. A = | i ah faht : %i8
‘ es ee 2 me ‘|| See eee 4 ~
Soca‘amilies Townexperiencing Hall |theeg at Circus Workshop
March 2028 weej circus
CE a aa 7s S Orit sissee
Have-A-Go Circus Workshop | Rochdale Carers Hub _ FestiDale | Circus Skills Woneiee
MilnrowJune 2024 Cricket Club Partnership with The RoyalPhotography:pect a |Joelpe poeC Fields 202
ee]
———— ~ ;
ae ay . ‘ ~
ro = 3] Fase as = . > -
@ mm + ES (|| ah & a Re
—— , oe a8 va 3s ae Lat es ze
mee fp... «gaunt ane -Ve=o- Ea
cS | a |) See a oe Sa Goan
FamilyHOME wrerpriaguagedOpen Have-a-Go bayCircusse HomeWorkshop Event
August 2024
----- End of picture text -----*

Page 13

|

----- Start of picture text -----
A é
Arts Council Funded | Sky Fi Circus Show| Spotlight Youth Performing Troupe
Skylight Circus Arts
March 2024
Photography: lan Hodgeson
i on = Ee ees a1 Pe
4 & ro r 4
= Fi? on wees) i a 12
fe ate aE 1 h s
~ E =a 4 — =
—— fC a
ws Bah -%
cm, «07 A.
SS i= “ pez use sf - Saas
& ete a 3
oe i A Pe eea we » F
Weekly Teen Youth Circus Weekly Midi Youth Circus
Group Acro Pyramids Rolla Bolla Practise
Skylight Circus Arts Skylight Circus Arts
----- End of picture text -----

Page 14

----- Start of picture text -----
' .
“J Qs —
Veo) dpe:
----- End of picture text -----

----- Start of picture text -----
oS Veo) dpe:
Spotlight Youth Troupe Performer & Silver Circus
RochdalePerformanceBoroughand TalkCulture Network Conference
February 2025
os—e eS ee, Sal ry ry —_—
see ie ee FZ . ae, ll =. i
: vi. ~ rer | / TS, :
a ; ES 8Seesge rendoe, « 2 A Essioe ‘
ane res 7 — ~ nw a> > : 24
4 Re apes
a
‘ —
U& ey ny) ws “
% y
GlobalPi Masterclass Fireflies Community Fire Spinning
July [2024] rors wg In partnership Culture Coop and TravelingNovember Light Circus 2024
Page 15
|
----- End of picture text -----

PERFORMANCE AGAINST OBJECTIVES

At the end of the previous reporting period the Trustees set out the following areas for development:

Artistic Development

Artistic development has flourished in our ambition to achieve quality performance. Our co-creation mode! development has enabled our young performers to achieve remarkable standards. Our working processes are now fully embedded with our talented staff team.

Skylight reaffirmed our commitment to working with sector-leading talent for staff and freelance worker’s CPD and to inspire participants. The ACE Project Grant included involvement with director, performer and choreographer Gil Burns who mentored Skylight’s Charma Force in her own development as a director.

Thanks to our partnership with Rochdale Borough Culture Network, we hosted and took part in a Giant Puppet Masterclass by Global Grooves which led to Skylight parading at Rochdale’s Feel Good Family Picnics.

Thanks to Culture Co-Op we partnered with Traveling Light Circus, who trained two Skylight staff members in teaching and performing fire spinning.

Programme Development

We consolidated working relationships with major arts centres such as HOME, Royal Exchange Theatre, Manchester and long time supporter The Lowry in Salford. This led to commissions and feepaid work.

Environmental Sustainability

With funding from our landlords St Chad’s Trust, windows and doors were upgraded improving comfort, security and energy efficiency within our building.

Our aim to purchase an electric or hybrid vehicle was not fulfilled without funding secured.

Financial Sustainability

We have made some progress in the move towards financial sustainability in a difficult funding climate.

Page 16

i

STAFFING AND EMPLOYMENT

Employment

This past year has been one of significant transition. While we continued to grow creatively and deepen our impact, we faced a series of challenges in an increasingly competitive funding landscape resulting in a decrease in annual turnover.

In Dec 2024 we said farewell to our CEO, David Allen whose leadership helped guide us through important phases of our evolution. Dawn Pierson, in mid December 2024 Skylight’s Funding and Development Manager made the difficult decision to leave her full time role to move to working freelance one day per week. At the same time, our Creative Director stepped forward to take ona new, expanded role as Director, bringing a renewed artistic vision and deep commitment to our mission. This leadership marks the beginning of a new chapter, grounded in resilience and sustainability.

Expansion & Diversification Of Delivery Workforce

Youth circus participants who are keen to take their circus and aerial skills further are nurtured and offered employment opportunities. Long-standing youth circus member Jemima Qureshi joined our staff team in February 2025. More young people will step into similar roles in the year ahead.

Summary:

2 Full Time Staff Creative Director/Director, Arts Administrator/Circus Tutor 4 Part Time Staff Finance, Building Manager/Tutor, Trainee Circus Tutor, Cleaner Equivalent 3.4 full time posts

Freelance Team

Page 17

TRAINING AND DEVELOPMENT

Skylight continued its efforts to support our staff team, volunteers and freelance team in skills development. By paying freelance workers to train with us, we ensure that professionals continue to be available to support the sector in general.

Safeguarding Leadership Training All Staff, Volunteers And Trustees Martine Bradford First Aid At Work Facilitation Workshop Action Charma Force, Martine Bradford, Together - Levelling Up Fund Mick Chapman David Allen Fire Marshall Marketing And Social Media Mick Chapman Charma Force Chaperone Training Google Ads Charma Force, Martine Bradford, Charma Force, Dawn Pierson, Mick Chapman, Flw Danni Hall, David Allen Trustees Adele Navesey Hall, Eira. Fundraising - Dawn Pierson Short, Martin James Lee Suicide Awareness Training Mick Chapman

Fire Performance Training Charma Force, Martine Bradford Carnival Puppet Animation Global Grooves Staff Team And Participants Rope Splicing Martine Bradford & Mick Chapman Introduction To Directing: Breaking Barriers Charma Force

Page 18

|

OUTPUTS

2024 - 2025 2023 -2024
Total Sessions Delivered 574 527
Individual participants 9,645 9,304
Total% Global majority 2,802 (29.05%) 2,424 (26.1%)
participants
Project participants with SEND 316 287
Number of Interventions 17555 12581
Classes 2,491 2,183
Projects 2,573 3,089
Outreach 6,491 7,309
Total Interventions 11,555 12,581
Audiences 11,203 14,182

Page 19

| | | |

FINANCIAL REVIEW 2024/5

Overall results this year were an improvement on the previous year with the deficit much reduced, partially due to reduced expenditure from employment restructuring in the third quarter. Income and expenditure were both lower.

Income £227,108

Expenditure £229,703

Deficit £2,595

Donations were increased to £6,303 compared to £1,051 the year before. £4000 was donated by two trustees and £566 was from the Glennis Brierley Memorial Fund for Spotlight equipment used in Sky-Fi

Earned income from commissions, fees for classes, workshops, performance was a very healthy £112,821, over 50% of total income. Grant income was not as high, with a mix of successes and near misses reflecting increased competition for funding:

£44800 Henry Smith Charity final year of Strengthening Communities core funding

£14,930 Art Council Lottery Project Fund for Sky-Fi production

£19,575 Awards for All for Silver Circus

£25,000 Garfield Weston Fund for core costs

£4,110 Action Together for Circus Globe

£2760 Rochdale Visitor Attraction and Venues Improvement Scheme (RDA) for equipment*

*This equipment gave Sky-Fi a more professional feel, reinforcing the need to continue developing Skylight’s facilities to unlock participant potential and provide high-quality cultural engagement opportunities

Hall hire was only £820. There is still no regular client.

Expenditure for the premises has been reduced with lower insurance and heating costs.

Page 20

THE NEW FINANCIAL YEAR (FY 25/6)

Financial Outlook

As 25/6 began, the Board and Executive Team anticipated a challenging year. A series of successful bids in the first quarter greatly improved the financial outlook. At the same time, the small, hardworking staff team increased outputs in the community, generating additional income and new commissions. The year is expected to end with a surplus and reserves rebuilt.

Workforce reductions and consequent restructure have reduced staffing costs to a viable level for 2025/26. Staff wage increases do not fully compensate for additional responsibilities, trustees recognise that another part-time post is necessary to prevent burnout. Provision for this post is included in all budgets and bids, with the aim of recruiting by the final quarter once core funds are secured.

A regular venue hire client to contribute towards lease and utility costs has not yet been secured, although some hire income is being achieved at times.

Core Funding

Core funding remains a concern, as several multi-year funds have ended and the Arts Council England National Portfolio Organisation (NPO) programme is on hold. Rochdale BC did not provide core funding last year, and expectations are uncertain for 25/26. The Executive Team continues to lobby for additional financial support and to adapt our offer to meet local authority funder priorities.

Key updates on core funding:

Page 21

Project bids for 25/26 have been very successful, including True Colours for our SKY HI Project, Hays Travel Foundation and Foyle Foundation for SPOTLIGHT. Results are awaited from the Arts Council for Flight Paths, a Spotlight performance project.

Funding of £17,535 from NHS Greater Manchester Integrated Care Partnership is commissioned for the next two years for Side by Side, making nine years of continuous NHS commissioning for this valued project

Full cost recovery is the aim for project bids.

Earned income, mainly for work in Education and the Community, will probably be even higher in 25/6 than 24/5. Staff are working hard to replace grant income and achieve financial sustainability whilst maintaining the high level of support for our beneficiaries. The post pandemic level of need is still apparent, especially for young people.

Capital Development

An Expression of Interest for the Creative Foundations Fund was successful, with a full bid submitted 31 October 2025. It includes new sustainable ASHP heating system, new seating, security, and an ev van. If successful, there will be savings in expenditure and new opportunities for income improving financial sustainability.

The landlord has agreed a lease extension that supports ACE eligibility for capital funds.

Artistic Excellence and Development

We are committed to maximising opportunities for the development of performance, with a particular focus on supporting our thriving Youth Circus troupes, showcasing talent to wider audiences and improving access in this area of high deprivation and low participation in arts.

Rochdale has been awarded the Greater Manchester Town Of Culture Award 2025-26 opening up further opportunities. Our partnership with Culture Coop and the Fireflies Community Project will continue, building on our shared commitment to community engagement and creative development. The excitement of performing at Ignite Festival has attracted many new participants from the community.

Apprenticeship and Work Placements

Skylight will continue supporting much valued work experience placements for local schools. Meanwhile our commitment to apprenticeships remains strong. We need to train young people as trainers and they need opportunities. Finance is the barrier. For the last five years we have been unable to take on apprentices as in earlier years. Sources of funding in this area are a high priority.

Circus Pathways

Commissions continue with Shine Bright Schools project in partnership with Create Rochdale (LCEP) with a focus on wellbeing. Working with local schools and the early help and schools team to reach young people currently experiencing or who have experienced the care system and improve wellbeing through engaging in the arts.

Alongside this we will continue to nurture our own young creatives, providing volunteer, training and employment opportunities to further develop their creative industry skills.

Page 22

Circus for All

Our focus continues to be on engaging diverse sectors of the community, as demonstrated through our expanded work with Sky Hi, supporting young people with disabilities and additional needs; Silver Circus, which serves elders and those living with dementia; and Side By Side, a programme promoting positive mental health through circus activities. All these will remain priorities for project funding.

RESERVES POLICY

TAR reserves had been depleted due to unplanned losses in FY 23-24 and 24-25, although they are currently improving somewhat. Special care continues to be been paid to cash flow.

At the end March 2025 the total funds of the charity were £ 46,307. Of this £2,023 was restricted, £44,284 unrestricted funds less fixed assets of £1,714.

Trustees have agreed the designated reserve figure should be returned to about £60,000 APAS to cover redundancy costs, a minimum 2 month’s core costs and liabilities should the charity become financially unviable.

The approved budget forecasts a return to acceptable levels of reserves by the end of the calendar year.

STRUCTURE, GOVERNANCE & MANAGEMENT

Skylight was registered as a company limited by guarantee and a registered charity in December 1990.

The company has a memorandum of association which established the objects and powers of the charitable company and it is governed under its Articles of Association.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 10 to the accounts.

Trustees who are related parties this year: The Chair,J C Riley, is married to Noreen White.

The Board does not currently have a Treasurer. We operate a Finance Sub Group (see ‘RISK MANAGEMENT’).

This is deemed within acceptable risk as the bank account and formal accountancy services are managed by an external certified management accountancy practice.

Prospective trustees receive induction materials and are voted onto the board. No other person or external body is entitled to appoint trustees.

Page 23

Five of our eight trustees are female. Trustees’ lived experience reflects many communities we serve, including disability and access issues & working class backgrounds.

To diversify our Board of Trustees, we welcomed Adele Navesy-Hall whose experience in education and SEND is invaluable. Bushra Sultana also joined, with an impressive background asa visual artist and creative leader rooted in the heart of Rochdale. Vacancies exist for treasurer, input from young people, local diversity groups

RISK MANAGEMENT

Trustees monitor financial and other risks at quarterly meetings so they can take prompt action when needed.

Safeguarding is a standing agenda point at Board meetings. A financial risk policy reflects established practices and strategic approach to income. A financial processes policy reflects the move to outsourced bookkeeping services.

Meetings take place in a hybrid format with attendance in person and online depending on availability. Attendance from all trustees was strong. Trustees monitor risks in the subgroups set up at times to address specific needs in addition to full trustee meetings. Usually, these are: Employment Sub Group, Finance Sub group and Creative Sub group.

Statement of responsibilities of the trustees:

The trustees (who are also directors of Skylight Circus in Education for the purposes of company law) are responsible for preparing the trustees annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

Page 24

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

The trustees' annual report has been approved by the trustees on 12'" December 2025 and signed on their behalf by:

J. Riley a

Chair of Board of Trustees

Page 25

CREDITS AND ACKNOWLEDGEMENTS

Our Landlord - St Chad’s Educational Trust

Our Funders & Commissioners Arts Council England Henry Smith Charity Garfield Weston BBC Children In Need Greater Manchester Integrated Care Partnership (Previously CCG) Rochdale Public Health Your Trust Link 4 Life Awards for All - Peoples Postcode Lottery Rochdale Development Agency - Rochdale Venues & Visitor Attraction Fund Rochdale Borough Council Rochdale Culture Co-Op JD Foundation Our Partners & Commissioners Action Together ; Lowry HOME Manchester Children’s Adventure Farm Trust Rochdale Borough Culture Network Proud and Loud Create Rochdale Cartwheel Arts M6 Theatre Touchstones Gallery & Museum Citrus Arts Glennis Brierley Memorial Fund Our friends and supporters Janet Emsley

Last but not least, Our participants, families and friends of Skylight Circus Arts

----- Start of picture text -----
Ge SOR Grom gg SS B Bk
Fa esens” it" tSaner WWE foUthstones HOME Bers
----- End of picture text -----

Page 26

SKYLIGHT CIRCUS IN EDUCATION

Independent Examiners Report

Independent Examiner's Report to the trustees of SKYLIGHT CIRCUS IN EDUCATION

| report to the charity trustees on my examination of the financial statements of SKYLIGHT CIRCUS IN EDUCATION for the year ended 31 March 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 financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

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

As examiner , | am a member of the Association of Accounting Technicians who have adopted the provisions of the Revised Ethical Standards 2016 issued by the Financial Reporting Council (FRC)

Independent examiner's statement

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

| 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 financial statements to be reached.

----- Start of picture text -----
Nyactr
----- End of picture text -----

Id 12. Aas

Angelika Gacek MAAT Pennine Accounting Limited 109A Church Street Littleborough

Lancashire OL15 8AA 12 December 2025

----- Start of picture text -----
|
----- End of picture text -----

Page 27

Statement of Financial Activities

| |

SKYLIGHT CIRCUS IN EDUCATION

for the year ended 31 March 2025

Unrestricted — Restricted Unrestricted — Restricted
funds funds Totalfunds Total funds
2025 2025 2025 2024
Notes £ £ £ £
Income and endowments
from:
Donations and legacies 4 5,879 424 6,303 1,051
Charitable activities 5 167,824 52,981 220,805 239,004
Total 173,703 53,405 227,108 240,055
Expenditure on:
Raisingfunds 6 499 - 499 1,051
Charitable activities 7 39,625 12,696 52,321 74,212
Other 8 119,639 57,244 176,883 185,774
Total 159,763 69,940 229,703 261,037
Net gains on investments - = - -
Netexpenditure 9 13,940 (16,535) (2,595) (20,982)
Transfers betweenfunds 5,396 (5,396) - -
Net
diture
bef
h
rides e ai aed
gains/(losses)		 19,336 (21,931) (2,595) (20,982)
Othergains and losses
Netmovement infunds 19,336 (21,931) (2,595) (20,982)
Reconciliation of funds:
Totalfunds brought forward 24,948 23,954 48,902 69,884
Totalfundscarriedforward 44,284 2,023 46,307 48,902

Page 28

| |

|

SKYLIGHT CIRCUS IN EDUCATION

Summary Income and Expenditure Account

for the year ended 31 March 2025

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2025|2024| |£|£| |Income|227,108|240,055| |Gross|income|for the year|227,108|240,055| |Expenditure|229,082|260,416| |Depreciation|and|charges|for| |impairment|of fixed|assets|621|621| |Total|expenditure|for the year|229,703|261,037| |Net expenditure|before|tax|for the year|(2,595)|(20,982)| |Net expenditure|for the year|(2,595)|(20,982)|

----- End of picture text -----

Page 29

SKYLIGHT CIRCUS IN EDUCATION

Balance Sheet

at 31 March 2025

Company No. 02567143 Notes 2025 2024
£ £
Fixed assets
Tangible assets 11 1,714 2,335
1,714 2,335
Current assets
Debtors 12 43,028 26,114
Cash at bankand in hand 37,632 34,375
80,660 60,489
Creditors: Amount falling due within one year 13 (36,067) (13,922)
Netcurrentassets 44,593 46,567
Total assets less current liabilities 46,307 48,902
Net assets excluding pension asset or liability 46,307 48,902
Total net assets 46,307 48,902
Thefunds ofthe charity
Restricted funds 15
Restricted income funds 2,023 23,954
2,023 23,954
Unrestricted funds 15
General funds 44,284 24,948
44,284 24,948
Reserves 15
Totalfunds 46,307 48,902

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 12 December 2025

----- Start of picture text -----
And signed on its behalf by:
James RileyCNL 16/12/27—_
Trustee
12 December 2025
----- End of picture text -----

Page 30

SKYLIGHT CIRCUS IN EDUCATION

Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds _—‘These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.

Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts __ gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 31

SKYLIGHT CIRCUS IN EDUCATION

Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.

Grants payable

All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs _ These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Leasehold Improvements 10% Straight Line Circus Equipment 25% Straight Line Office Equipment 20% Straight Line Fixtures & Fittings 20% Straight Line

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 32

SKYLIGHT CIRCUS IN EDUCATION

Notes to the Accounts

| |

| | |

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense ona straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 33

SKYLIGHT CIRCUS IN EDUCATION

Notes to the Accounts

| |

3
Statement of Financial Activities - prioryear
Unrestricted Restricted
funds funds Total funds
2024 2024 2024

£
£
£

Income and endowments from:
Donations and legacies 1,051 = 1,051
Charitable activities 85,989 153,015 239,004
Total 87,040 153,015 240,055
Expenditure on:
Raisingfunds 1,051 = 1,051
Charitable activities 114,250 145,736 259,986
Total 115,301 145,736 261,037
Netincome 2826) 7,279 (20,982)
Transfers between funds (5,136) 5,136 -
Net income before
othe
iid
eiiaaldaaiciiial
gains/(losses)		 (33,397) 12,415 (20,982)
Othergains and losses:
Netmovement infunds (33,397) 12,415 (20,982)
Reconciliation of funds:
Totalfunds broughtforward 58,345 11,539 69,884
Totalfunds carriedforward 24,948 23,954 48,902
4
Incomefrom donations and legacies
Unrestricted Restricted Total Total
2025 2024
£ £ £ £
5,879 424 6,303 1,051
5,879 424 6,303 1,051
5
Income from charitable activities
Unrestricted Restricted Total Total
2025 2024
£ £ £ £
Grants
60,875		 51,641 112,516 151,986
Contracts
23,091		 - 23,091 39,860
Fees
43,445		 - 43,445 33,986
OtherIncome
40,413		 1,340 41,753 13,172
167,824 52,981 220,805 239,004

Page 34

SKYLIGHT CIRCUS IN EDUCATION

| |

Notes to the Accounts

6 Expenditure on raising funds

6 Expenditure on raising fundsfunds
Unrestricted Total Total
2025 2024
£ £ £
Fundraising trading costs
499 499 1,051
499 499 1,051
7 Expenditure on charitable activities
Unrestricted Restricted Total Total
2025 2024
£ £ £ £
Expenditure on charitable
activities
Grants 38,991 12,696 51,687 73,299
Governance costs
634 . 634 913
39,625 12,696 52,321 74,212
8 Otherexpenditure
Unrestricted Restricted Total Total
2025 2024
£ £ £ £
Employee costs 92,678 53,025 145,703 144,213
Premises costs 14,669 4,160 18,829 23,751
Amortisation, depreciation,
impairment, profit/loss on 621 - 621 621
disposal offixed assets
General administrative costs 5,896 59 5,955 10,224
Legal and professional costs S715 - 5,775 6,965
119,639 57,244 176,883 185,774
9 Net expenditure before transfers
2025 2024
This is stated aftercharging: £ £
Depreciation ofowned fixed assets 621 621
IndependentExaminer'sfee 600 750

Page 35

|

|

SKYLIGHT CIRCUS IN EDUCATION

Notes to the Accounts

10 Staffcosts
2025 2024
Salaries and wages 134,996 131,389
Social security costs 7,069 6,521
Pension costs 6,018 5,658
148,083 143,568

No employee received emoluments in excess of £60,000.

The average monthly number of full time equivalent employees during the year was as follows:

2025 2024
Number Number
7 7 78
78
11 Tangible fixed assets
Landand
buildings		 Circus
Equipment		 Office
Equipment		 Fixtures&
Fittings		 Total
£ £ £ £ £
Cost or revaluation
At 1 April 2024 7,997 38,739 18,317 5,165 70,218
At 31 March 2025 7,997 38,739 18,317 5,165 70,218
Depreciation and
impairment
At 1April 2024 7,997 38,739 18,317 2,830 67,883
Depreciation charge forthe A ; ; 621 621
year
At 31 March 2025 7,997 38,739 18,317 3,451 68,504
Net book values
At 31 March 2025 = 5: = 1,714 1,714
At 31 March 2024 : . - 2,335 2,335
12 Debtors
2025 2024
£ £
Tradedebtors 13,939 17,457
Otherdebtors
Prepayments andaccruedincome		 -
29,089		 750
7,907
43,028 26,114
13 Creditors:
amounts fallingdue within one year
2025 2024
£ £
Trade creditors 4,408 7,178
Othertaxes and social security 1,688 2,974
Accruals 6,374 3,770
Deferred income 23,597 -
36,067 13,922

Page 36

SKYLIGHT CIRCUS IN EDUCATION

Notes to the Accounts

14 Deferred Income

Movement of the deferred income shown in Creditors: amounts falling due within one year

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Deferred|in|current|year|23,597|-| |At 31 March|597|eesall| |15|Movement|in funds|ae|ie|_—| |Incoming| |resources|At 31| |:|a|Resources|Gross| |(including|March| |At 1 April|aie|cone|Sonsters|2025| |2024|gains/losses)| |£|£|£|£| |Restricted|funds:| |Restricted|income|funds:| |Action Together|4,110|-|(2,400)|(1,710)|-| |Arts|Council|39|19,453|(19,776)|284|-| |National|Lottery Awards4All|-|17,128|(15,105)|-|2,023| |Greater|Manchester| |Integrated|Care|Partnership|1,501|16,824|(14,514)|(3,811)|-| |Children|in|Need|5,989|-|(5,830)|(159)|-| |Henry Smith|12,315|-|(12,315)|-|-| |Total|23,954|53,405|(69,940)|(5,396)|2,023| |Unrestricted|funds:| |General|funds|24,948|173,703|(159,763)|5,396|44,284| |Total|funds|48,902|227,108|(229,703)|-|46,307| |16|Analysis|of net assets|between|funds| |Unrestricted|Restricted|Total| |funds|funds| |£|£|£| |Fixed|assets|1,714|-|1,714| |Net|current|assets|42,570|2,023|44,593| |44,284|2,023|46,307| |17|Reconciliation|of|net|debt| |At|31| |At|1|April|March| |2024|Cash|flows|2025| |£|£|£| |Cash|and|cash|equivalents|34,375|3,257|37,632| |34,375|3,257|37,632| |Net debt|34,375|3,257|37,632|

----- End of picture text -----

Page 37

SKYLIGHT CIRCUS IN EDUCATION

Notes to the Accounts

18 Commitments

Operating lease commitments

Annual commitments under non-cancellable operating leases are as follows:

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2025|2025|2024|2024| |Land|and|Land|and| |buildings|Other|buildings|Other| |£|£|£|£| |Operating|leases|with|expiry|date:| |Within|one|year|11,050|-|-|-| |11,050|-|-|-| |Pension|commitments| |2025|2024| |£|£| |The|pension|cost|charge|to the|company| |amounted|to:|3,009|2,829|

----- End of picture text -----

19 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 38

SKYLIGHT CIRCUS IN EDUCATION

Detailed Statement of Financial Activities

for the year ended 31 March 2025

Unrestricte Restricted
d funds funds Totalfunds Total funds
2025 2025 2025 2024
£ £ £ £
Income and endowments from:
Donations and legacies
5,879 424 6,303 1,051
5,879 424 6,303 1,051
Charitable activities
Grants 60,875 51,641 112,516 151,986
Contracts 23,091 . 23,091 39,860
Fees 43,445 - 43,445 33,986
OtherIncome 40,413 1,340 41,753 13,172
167,824 52,981 220,805 239,004
Total incomeand endowments 173,703 53,405 227,108 240,055
Expenditure on:
Costs of other trading activities
499 - 499 1,051
ante.een, een,ee ee
Total ofexpenditureon raising 499 k 499 1,051
funds
Charitable activities
Grants 38,991 12,696 51,687 73,299
38,991 12,696 51,687 73,299
Governance costs
634 - 634 913
ee.RN RNeke eke

of
dit
rice
cha
itaa
activities		 haritabl
a
ailtai		 39,625 12,696 52,321
Employee costs
Salaries/wages 81,971 53,025 134,996 131,389
Employer's NIC 7,069 - 7,069 6,521
Pension costs 3,009 - 3,009 2,829
Staffrecruitment 233 . 233 318
Stafftraining 396 - 396 3,156
92,678 53,025 145,703 144,213
Premises costs
Rent 7,100 4,160 11,260 11,050
Light, heatand power 4,136 . 4,136 7,880
Premises cleaning 1,756 . 1,756 1,631
Premises repairs and 1,677 7 1677 3,190
maintenance
14,669 4,160 18,829 23,751

Page 39

| | | |

SKYLIGHT CIRCUS IN EDUCATION

Detailed Statement of Financial Activities

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |General|administrative|costs,| |including|depreciation|and| |amortisation| |Depreciation|of|Circus|Equipment|-|:|=|fz| |Depreciation|of Office|Equipment|-|:|-|-| |imamiation|ofof|FixtFixtures &|621|;|621|621| |Fittings| |Bank charges|-|:|-|161| |Equipment|expensed|51|-|SL|1,093| |General|insurances|2,018|-|2,018|5,033| |Software,AAT:IT|support and|related|946|:|946|586| |costs| |Subscriptions|592|-|592|259| |Sundry|expenses|1,536|59|1,595|1,928| |Telephone,|fax and|broadband|753|-|753|1,164| |6,517|59|6,576|10,845| |Legal|and|professional|costs| |Audit/Indudit/Independent|examinationinati|600|;|600|750| |fees| |Accountancy|and|bookkeeping|4,595|.|4,595|5,635| |Consultancy fees|580|-|580|580| |5,775|.|5,775|6,965| |Total of expenditure|of other costs|119,639|57,244|176,883|185,774| |Total expenditure|159,763|69,940|229,703|261,037| |Net gains|on|investments|-|-|-|-| |Reiwonetltwre|13,9407|4|(16,535)7|(2,595),|(20,982)’| |Transfers|between funds|5,396|(5,396)|-|-| |Net expenditure before other|19,336|(21,931)|(2,595)|(20,982)| |gains/(losses)| |Other|Gains|-|-|-|-| |Net movement|in funds|19,336|(21,931)|(2,595)|(20,982)| |Reconciliation|of funds:| |Total|funds|brought|forward|24,948|23,954|48,902|69,884| |Total funds carried forward|aes 2023 46307 _—B9|

----- End of picture text -----

Page 40