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2024-03-31-accounts

Company Registration Number 02612362 Registered Charity Number 1016172

NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE)

REPORT AND ACCOUNTS For the year ending 31 March 2024

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024

The Trustees, who are also Directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name November Club Charity registration number 1016172 Company registration number 02612362 Registered office 54A Newgate Street, Morpeth, Northumberland NE61 1BE

Trustees

For the purposes of the Companies Act 2006, the Board of Trustees is the Board of Directors of the charitable company and is referred to as the Trustees throughout this report.

The Trustees of November Club during the period and to the date of signing this report are as follows:

Ms C Hindle (Chair) Mr J Beattie Ms J Darby Mr C Foxon Ms H Fussell Mr M Quigley Ms J Read Appointed 23 May 2023 Ms L Reagan Ms F Whitehurst

Company Secretary Ms A Perrett

Bankers Co-operative Bank, Balloon Street, Manchester M60 4EP

Independent Examiner

Mr P O’Hara FCA, Chartered Accountant, 26 La Sagesse, Jesmond, Newcastle upon Tyne NE2 3AF

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Documents

November Club is a charitable company limited by guarantee, incorporated on 20 May 1991, as European Players Theatre Company, and registered as a charity on 12 January 1993.

It was formed under the Memorandum of Association that established its objects and powers. It is governed under its Articles of Association, as amended by special resolutions dated 29 November 1992, 29 November 1995 and 6 November 2014.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT (Continued)

Governing Documents (Cont.)

On 2 October 2010, the company changed its name to November Club.

The Directors of the company are also Trustees of the charity.

Eligibility for membership of the charity, and membership of the Board of Trustees, is governed by the Articles of Association. There are no restrictions in the governing document on the operation of the charity other than those imposed by general charity law.

Charitable Purpose

November Club’s charitable objects are to advance education for the public benefit through the promotion of the arts with particular but not exclusive reference to the dramatic arts.

Structure and Governance

The charity currently has a board of 9 non-executive Trustees.

The Board meets a minimum of four times per year and has taken advantage of the provisions of the Companies Act enabling the waiver of the need to conduct an Annual General Meeting.

Detailed written Board reports and an agenda are prepared by the Business & Operations Director and circulated in advance of meetings.

Recruitment and Appointment of Board of Trustees

Potential Trustees are identified through discussions and recommendations offered by existing Trustees and outside advisors to the organisation, as well as through the formal advertisement of vacancies through arts and charitable networks. Trustee applicants complete an application process and undergo an interview with a trustee recruitment panel, including the Chair and the Artistic Director/CEO, before being recommended to the full Board. Trustees are appointed once the Board has authorised the selection, and on completion of the necessary registration paperwork. From time to time, the Trustees elect a Chair and determine for what period the Chair is to hold office.

Trustee Induction and Training

New Trustees are inducted by the Chair of the Board, other Trustees and the staff team. They are provided with a range of resources to support their understanding of November Club activities, including a Trustee Handbook.

Grant-making Policies

The charity does not currently engage in grant-making activity.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT (Continued)

Contribution of Volunteers

The charity makes use of volunteers within its productions and to support its activities.

Reserves Policy

The Trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission.

The Trustees aim to firstly hold a level of unrestricted Reserves which enables the charity to have sufficient financial resources to meet various liabilities which would crystallise if November Club’s funding were to be withdrawn and/or it were unable to continue operating. At present, the Trustees estimate that the Unrestricted Reserves required for such purposes amount to approximately £30,500.

If possible, the Trustees then aspire to retain an additional allowance of £10,000 to £20,000 to enable the charity to respond flexibly to issues or appropriate initiatives which might be identified outside of its annual budgeting process.

The required level of Reserves is therefore in the range of £40,500 to £50,500. November Club currently holds total Unrestricted Reserves of £67,209 at 31 March 2024. The Trustees have previously agreed to designate formally £8,000 towards the redevelopment of the website and to manage an office move. £4,800 of this fund was spent in 2023/24, leaving a balance of £3,200.

Free Reserves, defined as non-designated Unrestricted Reserves minus the value of Tangible Fixed Assets are therefore £63,808 at 31 March 2024, which is above the aspirational level. However, the Trustees have agreed a deficit budget of c£15k for 2024/25 which should reduce reserves within the target range.

The charity intends through its financial management and budgeting processes to maintain its Reserves over the next three years to hold sufficient to cover its liabilities and to enable it to continue to respond flexibly.

The Trustees regularly review specific liabilities at each Board meeting. The Reserves Policy is revisited by the Board annually in the light of progress against budget and is updated at the time of drafting the annual accounts.

Fundraising

November Club is not signed up to the Code of Fundraising Practice and is not registered with the Fundraising Regulator, though it is open to reviewing this when it has the resources to do so. It does not use third-party organisations to seek donations from the general public or from businesses.

If individuals wish to complain about its fundraising activities, the process to do so is contained in the Complaints Policy which is accessible from www.novemberclub.org.uk. To date November Club has not received any complaints about its fundraising.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES

Aims & Objectives

November Club has three strategic objectives, to:

  1. Create outstanding original work in non-traditional spaces, collaborating with a diverse range of creative voices and technical talent.

  2. Engage meaningfully with our communities through our work to improve our work, our region and to grow talent.

  3. Govern and manage the organisation and its resources efficiently and ethically (in line with Charity Commission regulations and guidance).

Its artistic programme is underpinned by the following goals, to:

  1. Develop a structural approach to talent development and the careers and opportunities of professionals that work with it. This requires November Club to continue to work with new freelancers and take creative risks.

  2. Work with new and established partners and communities across the county, improving its region and contributing to a flourishing and creative region.

  3. Develop November Club’s creative assets including its ongoing digital programme.

  4. Embrace its civic role in Northumberland, and its leadership and support role in its sector. It does this through creating exceptional work and raising the profile of the company.

  5. Respond to requests for commissions and consultancy where capacity allows.

ACHIEVEMENTS AND PERFORMANCE

Summary of the main achievements of the charity during the year

Josey – continuing research and development for a new musical

Having launched the digital musical, Josey, The Indignant Daughter towards the end of 2022/2023, the company then moved its focus into developing additional creative material and testing concepts for a live tour of a musical based on the life of Josephine Butler.

It returned to Duke’s Academy and Cramlington Learning Village, and undertook participatory workshops with nine and twelve young people respectively, involving young men in the latter workshops. It undertook an online ‘Cuppa and a Chat’ session between the musical’s writer, Katie Doherty and a small group of eleven local women focusing on the group’s ideas about women’s activism. These sessions helped to crystalise how a contemporary voice could be reflected in the production and generated ideas additional music.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE (Continued)

Summary of the main achievements of the charity during the year (Cont.)

The company delivered six ‘historical talks and listening parties’ in Spittal (16 people), Great Whittington (17 people), Blyth (5 people), Longhoughton (14 people), Felton (22 people) and Wooler (14 people). Audiences were treated to a historical talk about Josephine designed by Bryony Taylor and listened to Josey, The Indignant Daughter . The aim of these events was to garner local interest in the project and to gather feedback on the songs created so far.

The company produced two large sharing events, both with the working title of Josey . The first event in November 2023 was performed at Alnwick Playhouse to an audience of 134 and allowed the company to test how it could involve a local choir in the production. The second in March 2024 at the Common Room, Newcastle, to an audience of 156, tested how it could build in professional performers, including one performer showcasing a contemporary element to the show.

During 2023/2024 a further 484 downloads of Josey, The Indignant Daughter were made.

November Club uses the Impact and Insight Toolkit, originally championed by Arts Council England, to assess its public benefit. The Toolkit askes audiences to comment on a number of ‘dimensions’ when evaluating a project. Arts Council England initially identified six ‘core’ dimensions and November Club focused its evaluations on measuring these. However, in 2023/2024 Arts Council England gave companies more flexibility to choose its own dimensions and November Club went through a process of selecting those that were most appropriate for its work. Audiences enter a number between 0 (strongly disagree that this dimension can be found in the production) to 100 (strongly agree this dimension can be found in the production).

Audiences scored the dimensions for Josey historical talks and listening parties as follows:

Dimension being measured Average
score
Content-It reflected a broad and inclusive range of voices 72
Distinctiveness - - It was different from things I’ve experienced before 71
Local Impact – It’s important it’s happening here 81
Personal relevance – It felt relevant to me 74
Rigour-It was well thought through and put together 76

Audiences scored the dimensions for Josey sharing events as follows:

Dimension being measured Average
score
Content-It reflected a broad and inclusive range of voices 76
Distinctiveness - - It was different from things I’ve experienced before 80
Local Impact – It’s important it’s happening here 88
Personal relevance – It felt relevant to me 81
Rigour-It was well thought through and put together 82

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE (Continued)

Summary of the main achievements of the charity during the year (Cont.)

The ‘Distinctiveness’ and ‘Rigour’ dimensions were used to measure Josey, The Indignant Daughter and the scores this financial year for both dimensions exceed that of Josey, The Indignant Daughter .

Key members of the creative team completed a self-assessment of the dimensions. This showed that on average the audiences for the Josey sharing events scored higher than expected on the ‘Distinctiveness’, ‘Content’ and ‘Personal relevance’ dimensions.

At the Josey historical talks and listening parties in November 2023, 56% rated the experience ‘good’, 44% ‘excellent’. The company also received the following feedback:

I appreciated the community engagement process. It was very interesting hearing about what the creative process for such a project entails.

At the November 2023 Josey event at Alnwick Playhouse, 52% rated the experience ‘good’, 28% ‘excellent’. The company also received the following feedback:

“Really liked the way the evening ran. Discussion was a nice length to get across some powerful points without feeling like it dragged. The music was amazing. The way the director gave his comments before the final presentation was perfect.”

At the Josey historical talks and listening parties in March 2024, 72% rated the experience ‘good’, 17% ‘excellent’. The company also received the following feedback:

“Celebrations of cultural heritage like this are to be encouraged.”

“It’s a fascinating process watching you create a musical that is about the past but a parable for the present and will inspire young people to create a better future.”

“The music was stunning and left me wanting more so very interested to see how the show develops.”

Of the feedback it has had from the Common Room Josey event, 90% rated the event excellent, 10% good. Feedback from this included:

“Absolutely blown away, so well thought out and very moving to watch.”

“Music was outstanding. Great connection between the performers. Whole show left me wanting more!”

Walk in Your Shoes

November Club provided two free walks. One was a circular walk around Dod Law in North Northumberland and one around Prudhoe in the West. 10 walkers and 6 staff members/volunteers attended the Dod Law walk and 16 walkers and 6 staff members/volunteers attended the Prudhoe walk. There were 24 unique walkers plus 4 staff members and 3 volunteers.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE (Continued)

Summary of the main achievements of the charity during the year (Cont.)

The company used the Impact & Insight toolkit to evaluate the walks. It had 15 adult and 2 child responses to the Insight and Impact survey or a return rate of 65%. 82% of respondents rated their overall experience as ‘Excellent’ and 18% rated it “Good”.

The evaluation was created prior to November Club reviewing the dimensions it was using so the results are based on last year’s core dimensions. Walkers scored the dimensions for the walk element of the project as follows:

Dimension being measured Average
score
Captivation - It was absorbing and held my attention 93
Challenge- It was thought provoking 84
Concept – It was an interesting idea/programme 89
Distinctiveness – It was different from things I’ve experienced before 69
Relevance - It had something to say about the world in which we live 85
Rigour - It was well thought through andput together 96

With the exception of the Distinctiveness dimension, this year the walkers awarded higher marks across the dimensions.

Evaluation feedback from walkers shows that 100% of respondents felt connected to others, 93% experienced feeling happier/an increase in positive mood and 73% of the walkers felt healthier or fitter as a result of being on the walk. 29% of respondents identified as having a form of disability (physical or otherwise).

The company received the following narrative feedback from walkers:

“I feel as though I am getting to know off-the-beaten-track parts of Northumberland through November Club walks and discovering the beauty of the county as well as enjoying conversations with people who live here.”

Cambois Creates

Cambois Creates is now a three-year programme delivered in partnership with the Tute in Cambois. It started in 2022/2023 when November Club and The Tute programmed initial engagement activities in Cambois, East Sleekburn and North Blyth. 2023/2024 was spent building deeper relationships with potential partners and applying for funding to deliver the creative ideas. As such there is no evaluative feedback to provide. The partnership surveyed local residents to assess their interest in the project and secured commitments from Cambois Primary School, Cambois Club, the Camera Club and Cambois Church. This activity helped the partnership to secure funding from National Lottery Heritage Fund to produce a site-specific heritage festival in 2024/2025.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE (Continued)

Summary of the main achievements of the charity during the year (Cont.)

Consultancy/Commissioning

In January 2024 November Club secured a commission from Otterburn Mill to complete a site-specific, immersive project during 2024/2026. The activity, income and expenditure for this project will appear in the Accounts for the next two years.

Talent Development/ the GROW programme

In June 2023, November Club publicly launched the GROW development programme by sharing the findings of the freelance workforce consultation carried out earlier that year, outlining its key aims for the programme and the three distinct strands of delivery. Within each strand the company has:

Inspire

The Head of Careers at Duke’s Academy, Ashington provided the following feedback:

“Working closely with November Club has provided our students with an opportunity to explore career pathways in the creative sector with a particular focus on theatre. Being a company situated very close to school has helped to break down barriers that students may have had about careers in this sector being mainly found in large cities. As a result, this has increased the confidence of our students to consider this as a viable career pathway.” – Mrs Danielle Towers

Ignite

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE (Continued)

Summary of the main achievements of the charity during the year (Cont.)

Sustain

“The company’s investment in talent development is structured, considered and well managed. It responds to the needs of rural Northumberland creatives and the wider sector/region. I have benefited from the progression opportunity and security of a two year freelance contract offered to me via the current contract, and the GROW bursary to support me to sustain my freelance practice. In addition, both contracts and GROW bursary have been key in enabling me to stay living and working in Northumberland, with increased opportunities for future work in the county, sector and wider North East.” Freelancer Associate Producer.

Public Benefit

The Trustees understand and have discussed the implications of the provisions of the Charities Act 2006, which state that all charities must meet two key principles and i) demonstrate that they are established for public benefit, and ii) have had due regard to the public benefit guidance issued by the Charity Commission.

November Club’s beneficiaries are appropriate to its aims, and the public benefits from its work.

Benefits are evidenced and relate directly to its aims.

The Trustees do not consider that any detriment or harm flows from its work. Therefore, the Trustees believe that the charity meets both key principles.

Financial Review

It cost November Club £183,521 to provide its services this year. Around 23% of expenditure can be allocated to producing Josey , Cambois Creates, Walk In Your Shoes and GROW; 52% to staff salaries and the costs associated with employing people; around 4% represents the cost of leasing and running the office premises; just over a further 2% is the cost of its IT provision, including its website; and the remaining 9% relates to miscellaneous operational costs.

November Club’s income was £237,367, although roughly £51k covers expenditure planned in 2024/2025. Roughly 56% of the organisation’s income comes from Arts Council England.

It continued to benefit from an annual grant from Northumberland County Council. November Club values the support it receives from the County Council and recognises how significant this is in drawing in other funders.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE (Continued)

Financial Review (Cont.)

This year, November Club was successful in obtaining charitable grants for core work from the Sir James Knott Trust, the Hadrian Trust and the Joicey Trust. Charitable funders willingness to fund core work is invaluable in giving the company flexibility to direct its Arts Council England funding into areas that are less attractive to charitable funders. Other charitable funding came from the Postcode Neighbourhood Trust and SCOP Arts Trust to continue the development of Josey . The organisation is very grateful to all of these charitable trusts and foundations for their continued support.

November Club does not expect its income from ticket sales to form a significant element of its funding portfolio because of the nature of the work it delivers. This year Walk in Your Shoes , and the Josey historical talks and listening parties were offered to audiences for free. Whilst the Josey ‘sharings’ at Alnwick Playhouse and the Common Room earned ticket income.

November Club secured Theatre Tax Relief of £8.3k and a small Gift Aid claim of £66.

The company raised £436 through donations. Some people who benefit from its free events provide donations instead, and it still receives some donations from its Secret Garden Keyholders scheme. Requests to its mailing list to make donations also has had some success. Nevertheless, the level of donations fell in 2023/2024. The consequences of this are that next year’s Gift Aid will be less than budgeted and the donations target continues to be challenging.

November Club did not receive any in-kind donations this year, although its volunteers contributed £872 worth of work based on the living wage rate. This figure will not show in the company’s income.

The out-turn for the year is an overall surplus of £53,846. £45,295 of this surplus related to Restricted Funds, increasing those ringfenced sums to £57,999. This leaves a surplus of £8,551 on Unrestricted Funds (2023: unrestricted surplus of £2,587), leaving a balance on Unrestricted Funds at 31 March 2024 of £67,209.

Risk Management

As part of its annual business planning process, the Trustees of the charity regularly review the major governance, operational and financial risks the charity faces and confirm that systems have been established to mitigate these risks.

November Club has a risk management strategy in place which comprises:

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENTS AND PERFORMANCE (Continued)

Risk Management (Cont.)

The Trustees are satisfied that appropriate financial systems and controls and employment policies and practices are in place and consider the key risks facing the charity at this time to be:

The Trustees have managed the potential impact of these risks by:

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

PLANS FOR FUTURE PERIODS

Artistic Programme

November Club has set the following artistic objectives for 2024/2025:

The company’s intention is that this programme demonstrates to Arts Council England how it is embedding the Arts Council England Let’s Create strategy in its work.

Business Management and Administration

November Club’s business management and administration objectives are woven around Arts Council’s England’s Investment Principles. The targets for 2024/2025 are:

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2024

RESPONSIBILITIES OF THE TRUSTEES

The Trustees (who are also the Directors of November Club 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:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed by order of the Trustees

Andrea Perrett Company Secretary Company Registration Number 02612362

14 May 2024

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INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS OF NOVEMBER CLUB FOR THE YEAR ENDED 31 MARCH 2024

I hereby report to the Trustees of November Club (Charity Registration Number 1016172) on my examination of the accounts for the year ended 31 March 2024 set out on pages 16 to 26.

Responsibilities and Basis of Report

As the charity’s Trustees (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 or 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 (FRS102)).

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.

Pete O’Hara, FCA, Chartered Accountant Fellow of the Institute of Chartered Accountants in England & Wales

26 La Sagesse, Jesmond, Newcastle upon Tyne NE2 3AF

14 May 2024

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2024

Note
Income
Income from Investments
3
Income from Donations & Legacies
4
Income from Charitable Activities
5
Total Income
Expenditure
Cost of Raising Funds
6
Expenditure on Charitable Activities
7
Total Expenditure
Net Income/(Expenditure)
Balance brought forward at 1 April
Balance carried forward at 31
March
15
Unrestricted
Funds
Restricted
Funds
Total
2024
Total
2023
£
£
£
£
65
-
65
63
502
-
502
773
157,676
79,124
236,800
192,875
158,243
79,124
237,367
193,711
-
-
-
-
149,692
33,829
183,521
183,420
149,692
32,829
183,521
183,420
8,551
45,295
53,846
10,291
58,658
12,704
71,362
61,071
£67,209
£57,999
£125,208
£71,362

The notes on pages 18 to 26 form part of the financial statements.

All of the activities of the company are classed as continuing.

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL POSITION/BALANCE SHEET AS AT 31 MARCH 2024

2024 2023
Notes £ £
Fixed Assets
Tangible Fixed Assets 11 121 391
Current Assets
Debtors 12 31,661 7,519
Cash At Bank & In Hand 115,470 70,762
147,131 78,281
Creditors – Amounts Falling Due Within 1 Year 13 (22,044) (7,310)
Net Current Assets/(Liabilities) 125,087 70,971
Total Net Assets 14 £125,208 £71,362
Represented by:
Unrestricted General Funds 15 64,009 50,658
Unrestricted Designated Funds 15 3,200 8,000
Restricted Funds 15 57,999 12,704
£125,208 £71,362

The notes on pages 18 to 26 form part of the financial statements.

The Trustees are satisfied that for the year ended 31 March 2024 the charity was entitled to exemption under section 477(2) of the Companies Act 2006.

The Trustees also confirm that the Members have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006

The Trustees acknowledge their responsibilities for:

(i) ensuring that the charity keeps adequate accounting records which comply with section 386 of the Act, and

(ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the charity.

These financial statements were approved and signed by a Member of the Board of Trustees on 14 May 2024.

Cath Hindle Chair of the Trustees Company Registration Number 02612362

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

1. Accounting Policies

Basis of Accounting

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006 and the Statement of Recommended Practice (Charities SORP FRS 102) "Accounting and Reporting by Charities" and the Charities Act 2011.

The financial statements have been prepared on the historical cost basis, modified to include certain financial instruments at fair value.

Advantage has been taken of the provisions in the SORP for Charities applying FRS 102 Update Bulletin 1 not to prepare a statement of cashflows.

The financial statements are prepared in sterling, which is the functional currency of the charity.

Taxation Status

November Club is a Charity registered under the 1960 Charities Act and is accorded exemption from liability to taxation on its income under S505 Income and Corporation Taxes Act 1988.

Going Concern

There are no material uncertainties about the charity's ability to continue.

Income

All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy.

The following specific policies are applied to particular categories of income:

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

1. Accounting Policies (Continued)

Operating Leases

The charity classifies the lease of certain types of equipment as operating leases as the title to the equipment remains with the lessor. Rental charges are charged against income on a straight-line basis over the period of the lease.

Tangible Fixed Assets and Depreciation

Depreciation is provided on any fixed assets at rates calculated to write off the assets over their remaining useful lives as follows:

IT & Office Equipment

A full year’s depreciation charge is applied in the year of acquisition and no charge is made in the year of disposal.

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial Instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost where there is a material adjustment.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the purposes of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for specific purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor.

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NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

1. Accounting Policies (Continued)

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events believed to be reasonable under the circumstances.

There are no significant judgements or estimation uncertainty included within the financial statements.

Pensions

November Club contributes to a defined contribution pension scheme.

For the defined contribution scheme, the amount charged to the Statement of Financial Activities in respect of pension costs is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the Balance Sheet. Further details can be found in Note 9.

2. Legal Status

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. The company law members of the charity are the members of its Board of Trustees.

3. Income from Investments

Unrestricted Restricted 2024 2023
Funds Funds
£ £ £ £
Bank Interest Receivable 65 - 65 63
£65 £ £65 £63
The 2023 total of £63 was wholly attributable to Unrestricted Funds.

4. Income from Donations & Legacies

Donations & Gift Aid Unrestricted
Funds
£
Restricted
Funds
£
2024
£
2023
£
502
-
502
773
£502
£-
£502
£773

The 2023 total of £773 was wholly attributable to Unrestricted Funds.

20

NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

5. Income from Charitable Activities

Grant Income
Arts Council England - NPO
Curtin PARP Fund
Garfield Weston Foundation
Hadrian Trust
Joicey Trust
Leche Trust
Magic Little Grant Fund
National Lottery Heritage Fund
Northumberland County Council
Peoples Postcode Lottery
Port of Blyth
Scop Arts Trust
Sir James Knott Trust
The Space
VCSE Thriving Together
Other Income
Theatre Tax Relief
Ticket/Resources Sales
Commissions & Consultancy Fees
Other Income
Unrestricted
Funds
£
Restricted
Funds
£
2024
£
2023
£
132,530
-
132,530
102,530
-
-
-
1,000
-
-
-
15,000
1,000
-
1,000
-
2,000
-
2,000
-
-
-
-
1,000
-
-
-
500
-
50,449
50,449
-
6,804
-
6,804
20,881
-
23,675
23,675
-
-
-
-
500
-
5,000
5,000
-
5,000
-
5,000
5,000
-
-
-
13,000
-
-
-
480
147,334
79,124
226,458
159,891
8,280
-
8,280
4,741
1,562
-
1,562
38
500
-
500
26,305
-
-
-
1,900
10,342
-
10,342
32,984
£157,676
£79,124
£236,800 £192,875

Of the 2023 total of £192,875, £165,235 was attributable to Unrestricted Funds and £27,640 to Restricted Funds.

6. Expenditure on Raising Funds

Fundraising Consultancy Unrestricted
Funds
£
Restricted
Funds
£
2024
£
2023
£
-
-
-
-
£-
£-
£-
£-

21

NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

7. Expenditure on Charitable Activities

Production/Project Costs
Cambois Creates
GROW Talent Development
Other Projects
Josey, The Indignant Daughter
Salaries & On Costs
The Unlocked Door
Walk In Your Shoes - The Walk/Doorstep
Theatre
Support Costs
Premises Costs
Freelance/Consultancy Support
Other Marketing & Administration Costs
Governance Costs
Accountancy & Payroll Fees
Independent Examiner’s Fees
Legal & Professional
Trustee Meeting Costs
Unrestricted
Funds
£
Restricted
Funds
£
2024
£
2023
£
-
3,053
3,053
6,906
6,055
-
6,055
1,595
2,689
-
2,689
-
-
31,276
31,276
24,895
95,849
-
95,849
99,738
-
-
-
21,294
218
-
218
43
104,811
34,329
139,140
154,471
6,525
-
6,525
8,813
14,891
-
14,891
-
18,828
-
18,828
15,847
40,244
-
40,244
24,660
2,633
-
2,633
2,571
1,200
-
1,200
1,200
83
-
83
13
221
-
221
505
4,137
-
4,137
4,289
£149,192
£34,329
£183,521 £183,420

Of the 2023 total of £183,420, £163,484 was attributable to Unrestricted Funds and £19,936 to Restricted Funds.

8. Net Income/(Expenditure)

Net income/(expenditure) is stated after charging/(crediting):
Depreciation
Independent Examiner’s Fees
Operating Leases – Land & Buildings
2024
£
2023
£
270
840
1,200
1,200
3,500
3,500

22

NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

9. Staff Costs & Trustees’ Remuneration

Gross Salary Costs
Employer’s National Insurance
Employer’s Pension Contributions
2024
£
2023
£
91,187
94,653
2,672
3,157
1,990
1,928
£95,849
£99,738

No employee received remuneration of more than £60,000 during the year (2023 - Nil).

The average number of staff employed during the year, calculated as full-time equivalents, was as follows:

equivalents, was as follows:
2024 2023
No No
Artistic Production and Support 3 3

No remuneration has been paid to any Trustees/Directors in the year.

£43 in travel and subsistence expenses (2023: £48 to 1 Trustee) was reimbursed to 1 Trustee in respect of costs incurred during their work for the charity.

10. Pension Scheme

Pension benefits are provided through a Group Personal Pension Scheme, which is a defined contribution scheme. The assets of the scheme are held separately from those of the company in a separately administered fund. In the year to 31 March 2024 November Club made an employer's contribution of 3% of pensionable pay, provided that the employee makes a minimum contribution of 5%.

These amounts are paid over to the scheme on a monthly basis.

No contributions were outstanding at 31 March 2024 (2023: £Nil).

23

NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

11. Tangible Fixed Assets

IT &
Office
Equipment
£
Total
Fixed
Assets
£
Cost
At 1 April 2023
6,733
6,733
Additions in year
-
-
Disposals
-
-
At 31 March 2024
6,733
6,733
Accumulated Depreciation
At 1 April 2023
6,342
6,342
Charge for year
270
270
Disposals
-
-
At 31 March 2024
6,612
6,612
Net Book Value
At 31 March 2024
£121
£121
At 1 April 2023
£391
£391
12.
Debtors
2024
£
2023
£
Trade Debtors
-
5,000
Prepayments
2,400
2,228
Accrued Income
28,627
-
Other Debtors
634
291
£31,661
£7,519
All sums are due within 1 year.
13.
Creditors – Amounts Falling Due Within 1 Year
2024
£
2023
£
Trade Creditors
9,832
337
Other Taxes & Social Security Costs
1,761
1,633
Deferred Income
-
500
Other Creditors
4,981
117
Accruals
5,470
4,723
£22,044
£7,320
IT &
Office
Equipment
£
Total
Fixed
Assets
£
Cost
At 1 April 2023
6,733
6,733
Additions in year
-
-
Disposals
-
-
At 31 March 2024
6,733
6,733
Accumulated Depreciation
At 1 April 2023
6,342
6,342
Charge for year
270
270
Disposals
-
-
At 31 March 2024
6,612
6,612
Net Book Value
At 31 March 2024
£121
£121
At 1 April 2023
£391
£391
12.
Debtors
2024
£
2023
£
Trade Debtors
-
5,000
Prepayments
2,400
2,228
Accrued Income
28,627
-
Other Debtors
634
291
£31,661
£7,519
All sums are due within 1 year.
13.
Creditors – Amounts Falling Due Within 1 Year
2024
£
2023
£
Trade Creditors
9,832
337
Other Taxes & Social Security Costs
1,761
1,633
Deferred Income
-
500
Other Creditors
4,981
117
Accruals
5,470
4,723
£22,044
£7,320
IT &
Office
Equipment
£
Total
Fixed
Assets
£
Cost
At 1 April 2023
6,733
6,733
Additions in year
-
-
Disposals
-
-
At 31 March 2024
6,733
6,733
Accumulated Depreciation
At 1 April 2023
6,342
6,342
Charge for year
270
270
Disposals
-
-
At 31 March 2024
6,612
6,612
Net Book Value
At 31 March 2024
£121
£121
At 1 April 2023
£391
£391
12.
Debtors
2024
£
2023
£
Trade Debtors
-
5,000
Prepayments
2,400
2,228
Accrued Income
28,627
-
Other Debtors
634
291
£31,661
£7,519
All sums are due within 1 year.
13.
Creditors – Amounts Falling Due Within 1 Year
2024
£
2023
£
Trade Creditors
9,832
337
Other Taxes & Social Security Costs
1,761
1,633
Deferred Income
-
500
Other Creditors
4,981
117
Accruals
5,470
4,723
£22,044
£7,320
6,733
6,733
6,342
6,342
270
270
-
-
6,612
6,612
£121
£121
£391
£391
2024
£
2023
£
-
5,000
2,400
2,228
28,627
-
634
291
£31,661
£7,519
2024
£
2023
£
9,832
337
1,761
1,633
-
500
4,981
117
5,470
4,723
£22,044
£7,320

24

NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024

14. Analysis of Net Assets between Funds

Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Fixed Assets 121 - 121 391
Debtors 6,436 25,225 31,661 7,519
Cash at Bank and In Hand 75,006 40,464 115,470 70,762
Creditors – Amounts Due Within 1 Year (14,354) (7,690) (22,044) (7,320)
£67,209 £57,999 £125,208 £71,362
15. Analysis of Charitable Funds
Unrestricted Funds
Charity General Fund 50,658 158,243 (144,892) 64,009
Web Development/Relocation Fund 8,000 - (4,800) 3,200
58,658 158,243 (149,692) 67,209
Restricted Funds
National Lottery Heritage Fund – - 50,449 - 50,449
Cambois Creates
Scop Arts Trust - Josey - 5,000 (5,000) -
Peoples Postcode Lottery - Josey - 23,675 (23,675) -
Northumberland CC - Josey 5,360 - (2,601) 2,759
Northumberland CC - Blyth/Cambois 7,344 - (2,553) 4,791
Project
Total Restricted Funds 12,704 79,124 (33,829) 57,999
Total Funds £71,362 £237,367 £(183,521) £125,208
Name of Designated Fund Description, Nature & Purpose of the Designated Fund
Web Development/Relocation Towards the cost of future planned website development and
Fund one-off relocation costs

25

NOVEMBER CLUB (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

15. Analysis of Charitable Funds (Cont.)

Name of Restricted Fund Description, Nature & Purpose of the Restricted Fund Curtin PARP Fund / Magic Little Towards the cost of The Unlocked Door Grant Fund / Northumberland CC – The Unlocked Door Northumberland CC / Peoples Towards the cost of Josey, The Indignant Daughter Postcode Lottery / Scop Arts Trust – Josey National Lottery Heritage Fund / Towards the costs of a project in Blyth/Cambois Northumberland CC – Cambois Creates

16. Related Party Transactions

The charity has a close working relationship with Arts Council England which is a registered charity and from 2012/13 has provided the majority of the grant funding which enables the charity to carry out its charitable objectives. In total, grant funding of £132,530 (2023: £102,530) was received from Arts Council England in the year.

At 31 March 2024, £Nil was owing to November Club from Arts Council England (31 March 2023: £Nil).

17. Financial Commitments

No material financial commitments have been made in respect of future financial periods.

18. Company Limited by Guarantee

The charity is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding £1 as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.

There are currently 9 members of the company (2023 - 8 members).

26