Registered number 02841537 SECOND WAVE: CENTRE FOR YOUTH ARTS Report and Accounts 31 March 2025 5econiw
SECOND WAVE: CENTRE FOR YOUTH ARTS Company Information DirectOTS Cheryl Brown (Chair) Natasha Matthews (Treasurer) Dana Pinto (Vice Chairl Denise Dickenson Mary-Anne Bamfo Board members appointed on 16 February 2024 Naomi McConachie-Gregory Nickesha Grant Accountants Brookfield & Co 18 Concanon Road London SW2 STA Registered number 2841537 Secretary Ann Considine Registered Office Deptford Methodist Mission I Creek Road London SE8 3BT Charfty registration no 1024836
SECOND WAVE: CENTRE FOR YOUTH ARTS DIREcfoRS' REPORT for the year ended 31 March 2025 The Direttors present their report and the audited financial statements of Second Wave.. Centre for Youth Arts for the year ended 31 March 2025. OBJECTS, PRINCIPAL AcfiviTY AND ORGANISATION The company is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of a550ciation. The charity objects of Second W3ve Youth Arts are to make the arts more accessible and relevant to the well-bein8 and safety of local communities, to celebrate cultural diversity 2nd build positive community relations. Second Wave also aims to advance the education of the public and young people, by providing facilities for the education and training of young people that develops their leadership skills, enables youth participation in local decision-making, Supports youth-led initiatives In their neighbourhoods, strengthens the well-being of young people, and helps them to make Informed choices about their lives. YOUTH ARTS PRAcficE Second Wave has pioneered a youth-centred approach, inspired and informed by the first-hand experiences of young people. Second Wave developed young people's role as participants, collaborators, peer-leaders, workshop tutors, young, commissioned artists, and practitioners. All these principles have been underpinned by distinrt phases of participation in a youth arts process. By means of this strurture, the work of Second Wave has widened participation, increased employment and training opportunities, and strengthened the link between youth culture and social responsibility. with a view to building a more cohesive community. From our centre in Deptford. Second Wave ha5 offered a consistently high quality. youth- centred creative programme in the evenings. weekends and during the holiday periods throughout the year. This has included a diverse range of arts and educational opportunities, wsth accessible entry points for young people who wished to participate, learn and engage in a range of performing arts and media. Our regular participants were aged between 11- 25 years and were primarily from the borough of Lewisham, as well as Greenwich and Southwark. 86% of our participants were from Global majortty communities. Overthe period, Second Wave offered a free, regular, youth art5 programme for 11- to 25-year-olds on Satijrdays, after-school and during the holidays. We delivered a dedicated creative media project after School ond in holiday periods for young women aged between 13 to 18 years. These programmes enabled young women to develop their confidence and skills, express their feèrs, gain support and develop the 5elf-esteem to empower themselves and progress to further education, training and employment. Our creative work Included the productions of new drama exploring the use of Al in cyberbullying and peer learning to support approaches to online safety. A new drama, devised by young writers, entitled, 'Fuel to the Fire, was performed by and presented to a youth audiences in June and july 2024 as part of a series of outreach community safety events in Lewisham. Second Wave continue to develop new media, and platform events showcasing young people's creativity and community work and engaging audiences in community forum5 anLI platform events. This included a short film treated by young women exploring their safety and freedom online and in public. Second Wave also delivered a year-long young writers and actors programme, developing the skills and creative potential of young artists particularly those facing barrier5 to progression. Participants trained in film, podcastin& event production, facilitation, leadership, and digital archiving. Volunteer hours logged by young participants included meetings with police officer5 in dialogue- based workshops,. dialogue with academic volunteers from the University of Greenwich. and attendance of young people at four different Parliamentary events including the King's Coronation Garden Party.
LEGACY OF SECOND WAVE As part of our legacy projert, we celebrated 40 years of Second Wave history offering training to young researchers and curators, who participated in a Series of activities including conducting interviews with members of Second Wave alumni. Their edited work 15 being prepared as p3rt of an exhibition celebrating Second Wave's history. Interviews revealed Second Wave's impact on the development of their early career5 of young artists across four decades. Second Wave's legacy programme celebrated and refletted on 40-years of youth-led activism through rehearsed play readings of published work by women writers who were children of the Windrush generation. Curation has also included photographic exhibitions, platform performance5 Wlth intergenerational community audiences, interviews with alumni and Second Wave playwrights, writing workshops with young people, recording of extracts from published plays, and interviews and podcasts reflecting on the history of Second Wave. Opportunities for technical skills including theatre lighting, sound and visuals. In media they developed skills in storyboarding, writing, camera operation, sound recording and rough editing as well as sharing material and engaging in feedback with staff and mentors. Over 70 heritage-themed drama and discussion workshops linked archival play5 to pre5ent-day social issues. Heritage from the 1980s-19905 has been digitised, reinterpreted, and shared through public performance5, inteNlews and discussion events. The Living Legocy digital archive provides a permanent, open resource accessible to schools, unlver51ties and the public. Heritage is now actively interpretèd by young people rather than stored passively. Young people drew direct connections between Windrush-era and 80s activism and modern struggle5 Wlth raclsm, identity, and gender equality. Second Wave promoted creative collaboration supporting the devising of new drama as a vital platform for dialogue, democracy and interaction. Our programme responds to. reflects and engage5 Wlth today's diverse youth audiences. Our core delivery team is multi-lingual, offering access to diverse languages including Urdu, Bengali, Gujarati, Lingala, and French. Our ongoing programme offers progression through mentoring, professional development, traineeships, work experience, volunteering and accredited leadership programmes. Young people using their new skills in theatre and the expressive arts to extend their wider opportunities in building community cohesion and influencing the agenda to celebrate the true potential of young artists and Community leaders, opening new doors in the community to brin8 greater diversity in the arts. COMMUNITY LEADERSHIP INITIATIVES Second Wave prioritised the training of young community leaders in programmes dedicated to supporting volunteering and creative leadership. Over this period, our youth team extended their digital learning capacity, delivering new online resource5 and film workshops. Young volunteer5 have supported the delivery of centred-based workshops, as well a5 Outreach projects in local Schools. community and neighbourhood settings. In 2024125, young people worked with local police officers building trust and sharing ideas in 'Critical Encounter5, workshops which brought police, young people and community Safety officers together to explore i55ue5 and improve relationships in the community. Young community activists who were involved in our Changemakers young volunteers programme, were recruited from the borough of Lewisham, as well as Greenwich and Southwark. Our young volunteer5 continued their participation in Lewisham Police Independent Advisory Group and our partnership work with the University of Greenwich, addressing issues of community safety.
Young female volunteer5 took part in workshop leadership training and supported the interests of other local young women, assisting in the delivery of a programme of workshops, performance events, and representing young women's views in community forums, including meetings with local councillors and MPS, addressing the issues such as hate crime, misogyny and gender-related violence. In June 2024, Second Wave Changemakers, peer group leaders, VlSlted parliament amplifying the voices of young people on matters of safety, mental health and addiction to vaping. In Ort 2024, a team of young volunteers from Second Wave were invited to Parliament for a meeting with MPS to address iSSL*es of concern affecting young people addressing neighbourhood Safety. Second Wave continued to deliver drama-based educational outreach projects to Lewisham schools throughout the borough. This included the Shadow Games Projett which explored radicalisation, and online grooming as part of the Home Office's Prevent strategy. This project has been identified as an example of good practice in the delivery of Prevent. This outreach work, together with related issues of Hate Crime have been shared with a wide range of community groups. The youth company continues to create newly devised youth-centred narratives relevant to their lives and experiences, presented at schools and FE colleges in workshops and performances. WORKING ACROSS BOUNDARIES In 2024125, Second Wave has consolidated existing partnerships and been able to build new ones, working across boundaries to reach marginalised young people and working closely with the local authority. As a model of good practice in the field of equalities and social justice, Second Wave has developed new initiatives, including work with Lewisham Hate Crime Working Group. This work has enabled us to welcome young and older new participants to our youth-led Platform events and Speakeasvs and broaden the reach of the work. Positlve collaboration has continued with academics and students from Goldsmiths College and the University of Greenwich. Second Wave continues to be active in finding new ways for young people to have contact with policy and decision-making. Young people are aware of the changes in their neighbourhoods, exploring the changes taking place in Deprford, presenting views which focus on the need for youth employment, cultural inclusion and a commitment to involving young people in an ongoing process of local decision-making and keeping young people safe. Our outreach se55ions delivered across schoo15, colleges, and youth hubs including Deptford Green, Sydenham, New Woodlands PRU, Lewisham College, Young Women's Hub, and Goldsmiths. Partnerships expanded to include Refugèe Council, Lewisham VAWG tearn, and interfaith groups. Outreach specifically targetecl young people from underrepresented and refugee backgrounds, increasing diversity of participation.
FUTURE DEVELOPMENTS Second Wave has continued to receive financial support from the London Borough of Lewi5ham in furtherance of it5 objectives. The charity also acknowledges the financial support of Tudor Trust, National Heritage Lottery Fund and Hyde Charitable TrLSSt. This support has enabled the projett to con501idate and extend the programme available to its young beneficiaries. The Trustees also acknowledge the challenges faced due to financial austerity in common with othei tommijnity and voluntary sector organisatlons in the UK. The programme therefore reflects priorities based on the creative strengths and adaptability of Second Wave in maximising its potential as a distinctive, high-quality youth arts centre with a strong track record in community safety and creative leadership. The organisation is committed to sustaining best practice as a basis for future development. RESERVES POLICY In recognition of the Impact of the ¢0st-of-living increases an%J the need to invest in the charity's infrastructure and staffing, Second Wave Trustees are committed to maintaining reserves equivalent to 3 months of the charitls annual turnover. DIRECTORS, RESPONSIBILITIES Company law requires the Directors, who are also the charity's Trustees, to prepare financial statements for each financial year which give a true and fair view of the state of the company's affairs and of its profit or loss for that period. In preparing those financlal statement5, the Directors are requlred to.. select suitable accounting policies and then apply them con515tently- make judgements and estimates that are reasonable and prudent: prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. DIRECTORS Those who Served as Dlrectors and Trustees during the year are shown on page I to the financial statements. No Director has any beneficial interest in the company. All Directors are members of the company and guarantee to contribute £1 in the event of a winding up. The number of guarantees at 31 March 2023 was seven. FIXED ASSETS Details of movements in fixed assets during the year are set out in note 8 to the financial statements. Independent Examiner Brookfield & Co were appointed as Independent Examiner and have expressed their willingness to continue in that capacity. This report was approved by the Trustees on ttrL 2ts2 6
roo 18 Concanon Road London SW2 STA Tel. 07703 279239 mall: judith@bioolrfleldaccountsnts.com . Chartered Arcountsnt J A Brookfield B Comm ACAATII INDEPENDEhrrEXAMINERSREPORT to the tnistees SECI)ND WAVE . CENTRE FOR YOUTH ARTS I report on the accounts ofthe company for the year ended 31 March 2025 whtch a set out on pages 7 to 12. RESPEcllvE RESPONSIBiunESOF THE TRUSfEES AND EXAMINER The trustees. who are also the directors of the company for the purpose of company law, are responsible forthe preparatlon of the accounts. The trustees consider that an audlt is not required for thisyear under Companies Att and that an Independent examination is needed. Having satisfied ourselves that the company is not subject to audtt under company law and Is ell8ible for independent examinatlon, it is my responsibillty to: examine the accounts underthe Companles Art and to State whether partlcular matters have come to my attentlon BASIS OF INDEPENDENfEXAMINER'S REPORT My examinatlon was carried out In accordance wEth the general Directions 8Éven by the Charitycommission. An examination Includes a review of the accounting records kept by the Company and a comparison of the accounts presented with those records. It olso includes conslderation of any unusual Items or dlsdosure5 in the accounts. and seekin8 explanatlons from you as trustees concemlng anysuch matters. The procedtsres undertaken do not Provide all the eV[dell that would be required in an audit and consequently no opinion Is given as to whetherthe account5 present a true and fair vlev/ and the report is limited to those matters set out In thestatement below. INDEPENDENT EXAMlNER'SSTATEMEr In connertion wrth my examinatlon, no matterhas come to my attentlon which glves me reasonable cause to believe in any material respertthe requlrements. to keep accounting records in accordance with sectlon 386 of the coMnIeS Att 2006,. and to prepare accounts whlch accord wlth the accountlng records, comply with the accounting requirements of settion 396 of the Compènies ACE methods and prfinciples of the Ststement of Recommended Pra with the reportlng by Charities e,. Accountin have not been meL Brookfield & Co Chartered Accountant 18 Concanon Road London SW2 STA n2iliL
SECOND WAVE: CENTRE FOR YOUTH ARTS Statement of Flnancial Actlvlties forthe year ended 31 March 2025 Rostrfcted Unrestrlcted Funds Funds Total Funds Total Funds Notos 2025 2025 2025 2024 Incoming resources Incoming resources from generated funds.. Voluntary Income - Grants Other Income 66,093 26,550 69,040 135,133 3.065 29,615 129,549 29,652 Investment income 1,088 1,088 689 Total In¢oming Resources 92,643 73,193 165,836 159,890 Resources expended Costs of generating funds Charitable activities Govemance 92,643 61,943 6,250 154,586 6,250 150,033 6.210 Total resources expended 92,643 68,193 160,836 156,243 Nel incoming resources expended for the Year Transfers beeen funds Funds brought forward 5,000 5,000 3,647 60,917 60,917 57,270 Totsl Funds carried forward 65,917
SECOND WAVE: CENTRE FOR YOUTH ARTS Balance Sheet as at 31 March 2025 Notes 2025 2024 Tangible fixed assets Current assets Stocks Debtors Cash at bank and in hand 928 1,615 20 13,650 105,582 119,252 20 39,600 44,063 83,683 Créditorn: amounts falling due within one year 10 54,263 24,382 Net current assets 64,989 59,301 Total assets less current liabilities 65,917 60,916 Funds of the Charty Restricted Funds General Funds 65,917 60,917 Total Funds 12 65,917 60,917 The directors are satisfied that the company is entitled to exemption from the requirement to obtsin an audit under section 477 of the Companies Act 2006. Members have not required the company to obtain an audit in accordance with section 476 of the Act. 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. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. The notes on pages 9 to 12 form part of these accounts Approved by the board on I r-& ao 2 6 CH é o.IL £ IoLAJfvJ 11.1.2Q D P 114tr) Ig.ol.a
SECOND WAVE,. CENTRE FOR YOUTH ARTS Notes to the Accounts for the yearended 31 March 2025 l. ¢0ntIng Polielg¥ The following a¢couTrling poliaes have been used consistently In dealing with items which are consldefed material in relation to the financial statsments. al Basis of Preparation The finanaal slalemenls have been prepared under the historical cost convention. as rnodified by the valuation of investments at market value, in accordance with the Statement o Recommended Practice "Accounting and Reporting by Charities" ISORP 20051 and the Companies AGt 2006 and in aeGo[dan with the Financial Reptsrting Standard applicable in the UK and Republic of Ireland IFRS1021 effeclEve 1 January 2015. The company constilules a public benefit entity as defined by FRS 102. Tha twslees have taken advantage of the exemptlon in Financial Reporting Standard No 1 Irevisedl from including a cash flow statement in the n2n¢ial statements on the ground5 that the charity is small. The financtal slalements are prepared. on a going Conrn basis, under the historical cost convenb'on. The charity is entirely deperldent on continuing grant aid and as a consequence the goiTrJ concern basis is also depetylenl on continulng grant aid.. The particular accounting polioes adopted are sel out below. bl Reslrided and Unrestricted Funds The accounts distinguish botween restrfcted and unrestri¢led fvnds. Restrl¢led fvnds are recewed from donors and afe subject to reslricttons on the purposes for which they may be useLI. Unrestricted funds are those where there are no exteinally imposed restrictions. They include those freely available lo the charity for expenditure or appropriation to reserves for internally desunated purposes. Designated funds are unrestricted fvnds eamiarkèd by the Management CoMMee for particular purposes. el Incoming resources All In¢oming soUrceS are induded in the statement of financial advitfes when the charlly is entiued lo the income and the amount can be quantified with reasonable accuracy. The following specific policies arè applied to specific categorie5 of income.. - Voluntary income is réceived by way tsf grants. dot)alions and gifts and is included in ftjll in Ihe Statem&nl of Financial Activities when receivable. Grants, where entrtlement is not conditional on the delivery of a specific performance by the charty, are recognised when Ihe charity becomes unconditionally enlilled lo the grant. Investment incorne is induded when receivabte. Incoming resources from grants. where related to perforrnance and specific deliverables, are accounted for as the thar¥ty eams the right to consideration by its perftsm8nce. dl Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Exp6nditure includes any VAT which nnol be fulty recovered. and is reported as part of the expenditure lo which it relates. Charitable expendilure comprises those SIS incurred by the charity in the delNery of its activities and Senri$ for ils benefiaaries.11 indudes both costs that can be allocated dire¢tty to such aCtiVe$ and those costs of an indirect nature lo support them. Governance costs include those costs associated with meetng the constitutional and statutory reqUientS of the chanty and include tho audit fees and costs linked lo the strategic management of the charity. All costs are allocated between the expènditure categoriés of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a patbcular activty are allocated directly, others are apportioned on an appropriate basis eg. floor areas, per capita or estrmated usage el Tangible Fixed Assets Fixed assets Gosting less than £750 are written off in the year of acquisition and items costing in excess aro capilalised. Tangib fMed assets are slated at cost less depreciation. Depreaation is ralculated to wrile off the cost of fixed assets less thelr eslimaled resKlual value over their expected useful lrfe on a straight line basis at rates of 20 to 33% per anntsm.
SECOND WAVE: CENTRE FOR YOUTH ARTS Notes to the Accounts for the year ended 31 March 202S fj Debtors Trade and other debtors are recognlsed al the sedement amount due after any trade dlsount offered. Prepayments a valued at the amount prepaid after taking account of any trade discounts due. g) Cash al bank and in hand C8sh at bank and in hand includes cash and short lem highly liquid inveslmerTts with a short malurily of three months or less from the dale of acquisibon or opening of the d&po851 OT similar account.. h) Creditors and provisions Creditors and provisions are recognised where the d)arily has a present obligation resulting from a past event that will probably result >n the transfer of funds to a third party and the amount due to settte thè obligation can be measured or èstimated reliabty. Creditors and provisions are normally Fecognised at their settlement amount after allowing for any trade discounts due. il Pensions Conlrlbulions to employee pension schemes are In Ilne wf(h government legisl81ion. Legal status of the Trust The trust is a company limite(t by guarantee and has no share capitsl. The liability of each member in the event of winding-up is limited lo £1. 2. Taxatlon Subject to agreernent with the Inspector of Taxes, the company is exempt froFn the payment of any T8xes to the exte1 it is a registerert Charity and not liable for Income Tax or Corporation Tax on income derived from its charitable a¢bvilies. The company not have a liability to register for VAT. 3 Surplus tor the pgriod The surplu5 for the period is slated after charging.. 2025 2024 Oepreaalion Independent Examiners fees I Inc VAD- Brookfield & Co 687 440 1,510 4 Staff co$ts Staff costs were as follows.. 2025 2024 Salary and pension costs Soc*al Security costs 71,351 2,207 73,558 58,432 2025 2024 Numbers of full time employees or fijll lime equivalents No employee had emoluments in excess of £60,00012024..Nill Pension costs are 8llocated to activities in proportson to the related staffing costs Incurred.
SECOND WAVE: CENTRE FOR YOUTH ARTS Notes to the A¢counts for the year ended 31 March 2025 5 Voluntary In¢omg- Grants 2025 Totsl 2024 Total Restricted Unrestricted National Heritage Lottery Foundation LB of Lewisham- Arts and Culture L8 of Lewisham- NCIL Tudor Trust Hyde Charitable Trust Nattonal Lottery Awards for All England Universty of Greenwith Misc other grants 9,900 9,900 32,540 3.500 33,000 27,653 19,950 4.090 4.500 23,100 37,213 29,359 33,000 2,677 32,540 3,500 33,000 27,653 19,950 4,090 4,500 4,200 66 093 135,133 129,549 6 Other Ineom• Donations, memberships, workshops and box office 26,550 3,065 29,615 29,652 26,550 3,065 29,815 7 Anatysls of projgct, governan¢• and support costs Basis of Project apportionment expenses General stjpport Governance Function 2025 Totsl Charitable a¢tivitieB Pio rala staff hrs by projèct Per project Por project Staff Costs Project Costs Support costs allocated lo projects 61,328 54,744 30,984 7,530 4,700 73,558 54,744 30,984 147.056 7,530 4,700 159,286 Govornance Costs Independent Examiners r&muneralion Govemance 1.550 1.550 1,550 147,OS6 7,530 6.250 760.836 8 Tangible flxed a$¥ets Furniture and Equipment Total Cost Balance al 1 April 2024 Additions in the year B31ance al 31 March 2025 49,737 49,737 49,737 49,737 Depreciatlon Balance at 1 Apr*1 2024 Charge for the year Balance al 31 March 2025 48.122 687 48,122 687 48,809 N8t 8ook ValL&• Al 31 March 2025 Al 31 March 2024 928 1,615 928 1.615
SECOND WAVE: CENTRE FOR YOUTH ARTS Notes to the A¢¢ounts forthe yearended 31 March 2025 9 Debtors 2025 2024 Grants and other Income receivable Other debtors 9,900 3,750 13,650 39,600 39,600 10 CredltoYs- amounts falllng du& withln on• yoar 2025 2024 Deferred Incomè Other accFuals 33,450 20.813 10.710 13.672 24.382 11 Anatysi$ of net assets botween funds Restrided Unrestricted Funds Funds Total Funds Fixed assets Current Assets Current Liabilities 928 928 119,252 119,252 154,2631 154,2631 12 Anatyyls of net assety bDtW9en funds Al 114124 In¢oming Resources Outgoing Resources At 3113125 Transfers Restricted Fund$'. National H8rilage Lottery Foundation Hyde Charitable Trust National Lottery Awards forAII England University of Greenwich Misc other grants SeconLI Wave Legacy project 9,900 27,653 19,950 4,090 4,500 26.550 9.900 27.653 19.950 4.090 4,500 26,550 Total R8stricted Funds 92,643 92,643 Unrestrlcted Funds: Designated contingency fur¥J Other Unres1Cted funds Total Unrestrl¢ted Funds 44,500 16,417 60,917 44.500 21,417 85,917 73,193 73,193 68,193 68,193 Total Funds 60,917 165,836 160,836 Rostri¢ted Funds.. Restricted Funds are for provlsion of programmes specifiod below Natlonal Hèrttage Lottory Found8tion Youtt Arts Legacy Project Hyde Charltable Trust Young Women's projèct addressing issues of misogny Natlonal Lottery Awards for All England Young Volunteers Programme Unlvatsity of Greenwleh Inslilue of Lifecourse Development IILDI communty safety research project Socond Wave L8ga¢y project Donation to fund the legacy project Dèsignated contlngoncy fund To cover periods when payrnents from funders have been delayed and lo protect against possible insolven This is broadly 3 months of Tumover in line with the Reserves Policy 13 Related party transactlons and truste. remunèration Tmslees ret>lved no emoluments12024 £nill. No expenses were paid in the period12024 £nill. 12