Company registration number: 02748408 Charity registration number: 1025755
Westminster Arts trading as Resonate Arts
(A company limited by guarantee)
Annual Report and Financial Statements
for the year ended 31 March 2025
Westminster Arts trading as Resonate Arts
Contents
for the year ended 31 March 2025
| Reference and Administration Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 11 |
Westminster Arts trading as Resonate Arts
Reference and Administration Details for the year ended 31 March 2025
| Charity name | Westminster Arts trading as Resonate Arts |
|---|---|
| Charity registration number | 1025755 |
| Company registration number | 02748408 |
| Registered office | The Stowe Centre |
| 258 Harrow Road | |
| London | |
| W2 5ES | |
| Trustees | Ms J Sweeting (Chair) |
| Ms K L Dixon | |
| Mr D H P Nguyen | |
| Ms A Ramesh | |
| Mr F M J Mairet | |
| Ms S Wright | |
| Bankers | The Co-operative Bank |
| Delf House | |
| Southway | |
| Skelmersdale | |
| WN8 6NY | |
| Accountant | The Laurel Partnership Ltd |
| 16 Broad Street | |
| Eye | |
| Suffolk | |
| IP23 7AF | |
| Independent Examiner | Peter Torino |
| Chartered Accountant | |
| 25 Leith Mansions | |
| Grantully Road | |
| London | |
| W9 1LQ |
Page 1
Westminster Arts trading as Resonate Arts
Trustees' Report For the year ended 31 March 2025
TRUSTEES
The directors of the company (referred to as Trustees) who have served during the year are as follows:
Ms J Sweeting (Chair)
Ms S Banerjee (resigned 30/4/24) Mr S Nguyen Ms K Dixon Ms A Ramesh Mr F Mairet (appointed 16/1/25) Ms S Wright (appointed 16/1/25)
Honorary Treasurer Ms B Stephens
The Trustees submit their annual report and the financial statements of Westminster Arts for the year ended 31 March 2025 which have been prepared under the Companies Act 2006.
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Company law requires the Trustees, as directors, to prepare financial statements for each financial year that give a true and fair view of the state of the affairs of the charity and of the surplus or deficit for that period. In preparing those financial statements, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently
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Make judgements and estimates that are reasonable and prudent
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. They are responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
OBJECTS
Westminster Arts (now trading as Resonate Arts) is a company limited by guarantee. Originally it was a nonincorporated association founded as the City of Westminster Arts Council in 1965. The company is governed by its Articles of Association: it is a charity registered with the Charity Commission, number 1025755 and as such is a non-profit making organisation.
Since March 2013 the objects of Westminster Arts have been as follows:
“ Westminster Arts is established to promote social inclusion with a particular focus on addressing the needs of those socially excluded by age, physical or mental disability (including dementia) through the development and delivery of arts-based activities and experiences including but not limited to visual arts, photography, film, dance, music and drama .”
Our work focuses on supporting people living with dementia and their families. It is funded through Trusts and Foundations, earned income and private giving, and previously through the Central London and West London Clinical Commissioning Groups. These groups later became part of the North West London Clinical Commissioning Group, which transitioned in July 2022 to the North West London Integrated Care Board.
The charity now uses the trading name of ‘Resonate Arts’, carrying forward the name of its programme for people living with dementia, established in 2009, and allowing the charity to extend its services beyond the City of Westminster.
Page 2
Westminster Arts trading as Resonate Arts
Trustees' Report for the year ended 31 March 2025
…..............Continued
The work is rooted in the belief that creativity can transform lives through building and sustaining social connections, nurturing self-expression and producing something new together. In this year we have continued to provide a range of group-based opportunities, harnessing partnerships with both arts and social care organisations and developing our ability to reach more of those at risk from health inequalities.
TRUSTEES
With effect from 26 June 2012, the members of Westminster Arts are persons (“the Trustees”) who support the Company’s (and Charity’s) objects.
Trustees are recruited through local and wider volunteering platforms and from relevant sector organisations, using an equal opportunity process to select those offering skills identified by the existing Board. The selection process allows the applicant time to understand the organisation and the organisation to obtain checks and references. Nomination and seconding for election is then made by existing trustees. Nominations are considered for election at either a Special General Meeting or Annual General Meeting of the Board. The Trustees are responsible for providing overall policy direction, approval and oversight, to enable the programme-based and day-to-day planning, project creation, resourcing, execution and management of Westminster Arts activities by its staff. The Trustees are kept informed by staff and do not receive any remuneration for carrying out their responsibilities.
The Trustees continue to have due regard to the Charity Commissions public benefit guidance when exercising their powers and duties in achieving the purpose of the charity.
In this year, the organisation successfully recruited two new trustees; another trustee stepped down following several years’ service. The staff team has remained unchanged, providing 1.6 fte Project Management and 1 full-time Director, working on permanent contracts.
The organisation has continued to manage a high volume of work with waiting lists for both arts projects and the Creative Befrienders programme, working without an office base. Delivery has been focused on offering opportunities for those living in the community who have low or no support from/via statutory social services.
The Trustees and the Honorary Treasurer have continued to hold many operational responsibilities.
In an increasingly competitive fund-raising environment, the Trustees have worked to increase the organisations’ ability to raise funds from individual donations, corporates and community events as well as trusts, where there has been some welcome new success.
The charity has continued to benefit from the unexpected ‘windfall’ raised in 2020-21 and the Trustees have budgeted to continue using this unrestricted fund into the new financial year.
The organisation continued to safely provide social and well-being benefits to people living with dementia in Kensington, Chelsea and Westminster through three principal activities:
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Creative Befrienders: volunteer artists who support the well-being of people living at home through the social opportunity of exploring and/or making art together.
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Arts in the Community: running arts projects or experiences, sometimes using digital links and has supported participants to enjoy social contact with each other again in group settings.
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Support with accessing social opportunities: through telephone contacts; our newsletter listing local ‘dementia friendly’ opportunities; and support with transport.
Fundamental priorities have been to provide a safe and sustainable service with particular focus on supporting staff and participants to succeed and transforming our fund-raising to a team approach to build capacity to lever donations from corporate, individual and community events.
The switch to place-based commissioning has continued to have an unsettling impact on the local voluntary sector organisations receiving health monies with uncertainties about the longevity of contract extensions being continued into the new financial year.
Page 3
Westminster Arts trading as Resonate Arts
Trustees' Report
for the year ended 31 March 2025
…..............Continued
Our participants attending projects collectively reflect much of the diversity of the locality, however Trustees have continued to work towards bettering our performance for underserved communities getting behind the local intention to focus in improving health inequalities. We have:
-
Satisfactorily met the delivery requirements for all our funders.
-
Continued the quest to fill skill gaps on the Board, discovering 2 new potential Trustees
-
Nearly completed work with a consultant from the local Black and Minority Ethnic Health Forum to support our Health Inequalities work, achieving new delivery of events for the Afro-Caribbean Community at the British Library and Wigmore Hall.
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Supported the local Dementia Action Alliance
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Won a National Dementia Care Award for our Creative Befrienders programme and were short-listed for our Equity Diversity and Inclusion development work
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Won a Health Equity Award at the North West London ICB annual recognition awards
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Instigated regular fund-raising team meetings with the Director and Board members
-
Increased our volunteer Creative Befrienders team to full capacity.
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Successfully delivered a new weekly Creative Space offering movement in a deprived ward in Westminster to run in addition to our Creative Space offering visual Arts following securing 3 years of funding from WCC Health Communities Programme. This providing the opportunity to work with people who are at high risk of developing dementia and who may face barriers to gaining a diagnosis of dementia.
-
Delivered projects with the Victoria and Albert Museum, Wigmore Hall and hosted a highly appreciated Summer Party showcasing our work
-
Reviewed and revised our risk register and nominated trustees to lead across 6 key areas of risk
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Held a strategic Away Day and taken steps to explore Meeting Centres as a future model of delivery and commenced work to visually rebrand.
RESERVES POLICY
Westminster Arts aims to maintain a consistent level of provision for arts activities. In some years, this means it has to draw on its unrestricted funds, while in others it may add to these funds. The Board aims to maintain unrestricted reserves equivalent to four months' running costs, equating to £60,000. In 2024/25, funds overall increased by £21,606: at 31 March 2025, unrestricted funds were £99,530 (2024: £95,924) and restricted funds were £18,000 (2024: £nil)
CONTINUING OPERATIONS AND RISK REVIEW
The organisation faced uncertainty with respect to the assurance of continuing funding from the Northwest London Integrated Care Board (ICB) in the year reported. Funding for a further 12 months from April 2024, based on previously contracted activity, was agreed in June 2024.
Late receipt of the monies and inability to adapt the contract have both caused planning problems. A key strategic intention of the organisation is to maintain and grow its unique specialist contribution to the dementia care pathway in the Bi-borough of Kensington, Chelsea, and Westminster. The ICB is reviewing and reconfiguring how it supports the organisations it currently funds maintaining the possibility that funding will cease after March 2025. The key risks monitored this year have been:
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Reliance on limited sources of funding, particularly the ICB where the risk remains approaching and mitigation through the new fund-raising efforts already listed are in progress
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Capacity constraints in staffing and administration where funding for administrative support would free up development and delivery expansion
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Cyber security vulnerabilities – where we have adjusted data protection protocols to mitigate malware phishing
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Governance continuity and succession where the risk is receding.
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Positive steps have been taken to increase income from grants and donations, resulting in some successful outcomes early in 2025/26 from charitable trust applications and community fundraising endeavours.
Signed on behalf of the Board of Trustees
Ms J. Sweeting Approved by the Board on ........... December 2025.
Page 4
Westminster Arts trading as Resonate Arts
Independent Examiner's Report
for the year ended 31 March 2025
I report to the Trustees on the accounts of the company for the year ended 31 March 2025, as set out on pages 6 to 11 following.
Respective responsibilities of trustees and examiner:
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
• to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act
- to state whether particular matters have come to my attention
Basis of independent examiner’s report:
My examination was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the following statement.
Independent examiner’s statement:
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
• to keep accounting records in accordance with section 386 of the Companies Act 2006 and
• to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
…............................................
Peter Torino
25 Leith Mansions Grantully Road London W9 1LQ
…....... December 2025
Page 5
Westminster Arts trading as Resonate Arts
Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2025
| Note Incoming resources Donations and legacies Income from charitable activities: Contracts for services Grants Fundraising income Total incoming resources Resources expended Costs of raising funds Expenditure on charitable activities 3 Other expenditure 5 Total resources expended Net income/(expenditure) for the period Transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 £ £ £ £ 5,794 2,120 7,914 3,408 - 48,500 48,500 72,076 28,750 113,104 141,854 57,426 1,871 - 1,871 - 36,415 163,724 200,139 132,910 156 - 156 36 29,464 145,724 175,188 161,546 3,189 - 3,189 3,060 32,809 145,724 178,533 164,642 3,606 18,000 21,606 (31,732) - - - - 3,606 18,000 21,606 (31,732) 95,924 - 95,924 127,656 99,530 18,000 117,530 95,924 |
|---|---|
The notes on pages 8 to 11 form an integral part of these financial statements
Page 6
Westminster Arts trading as Resonate Arts
Balance Sheet as at the 31 March 2025
| Note Fixed assets Tangible fixed assets 6 Current assets Trade debtors Other debtors Prepayments & accrued income 7 Cash at bank and in hand Current liabilities Trade creditors Other creditors 8 Accruals and deferred income 9 Net Current Assets Net Assets The funds of the charity: Restricted funds Unrestricted funds Total charity funds 10 |
£ £ £ £ 2,051 2,018 - - 51 - 50,021 192 72,783 131,713 122,855 131,905 839 2,961 2,803 5,838 3,734 29,200 (7,376) (37,999) 115,479 93,906 117,530 95,924 18,000 - 99,530 95,924 117,530 95,924 2025 2024 |
£ £ £ £ 2,051 2,018 - - 51 - 50,021 192 72,783 131,713 122,855 131,905 839 2,961 2,803 5,838 3,734 29,200 (7,376) (37,999) 115,479 93,906 117,530 95,924 18,000 - 99,530 95,924 117,530 95,924 2025 2024 |
|---|---|---|
| 131,905 (37,999) |
||
| 839 2,803 3,734 |
||
| 93,906 | ||
| 95,924 | ||
| - 95,924 |
||
| 95,924 |
For the financial period ended 31st March 2025, the charity was entitled to exemption from audit under section 477 of the Companies House Act 2006 relating to small companies
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on ............ December 2025 and signed on their behalf by:
Ms. J Sweeting (Chair)
Page 7
Westminster Arts trading as Resonate Arts
Notes to the Financial Statements for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and also with reference to the guidelines set out in the Statement of Recommended Practice 'Accounting and Reporting by Charities : SORP FRS102' and the Companies Act 2006.
Going concern
The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charity's ability to continue as a going concern.
Fund accounting policy
Where the terms of a grant, contract or donation limit the charity's discretion over how the income is to be used, these are shown as restricted funds in the accounts. Otherwise funds received from other sources which carry no such obligation are shown as unrestricted funds.
The company incurs administrative costs to enable it to run multiple charitable projects. Accordingly, unless a fund received is specifically restricted to direct project costs the company will allocate a proportion of all funds to overhead costs as described in Note 4 to the accounts.
All restricted funds are income funds.
Income recognition
Income is recognised in the statement of financial activities when all of the following criteria are met:
-
the control over the rights to the income has passed to the charity;
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it is more likely than not that the economic benefit of the income will flow to the charity; and
-
the amount of income can be measured reliably.
Resources expended
Expenditure has been charged to the statement of financial activities on an accrual basis inclusive of irrecoverable VAT.
Fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
- Computer & office equipment: 33% reducing balance method
Page 8
Westminster Arts trading as Resonate Arts
Notes to the Financial Statements for the year ended 31 March 2025
…..............Continued
2 Employee numbers
The average number of employees during the year was 3 (2024: 3). There were no employees who received employment benefits of more than £60,000.
| 3 Charitable Activities Direct costs Support costs 4 Support Costs Staff costs Other office costs |
Unrestricted Restricted Total 2025 2025 2025 £ £ £ - 61,456 61,456 29,464 84,268 113,732 29,464 145,724 175,188 Unrestricted Restricted Total 2025 2025 2025 £ £ £ 25,329 84,268 109,597 4,135 - 4,135 29,464 84,268 113,732 |
Total 2024 £ 48,153 113,393 |
|---|---|---|
| 161,546 | ||
| 2024 £ 109,249 4,144 |
||
| 113,393 |
Staff costs are allocated in proportion to the time spent on charitable activities. Other costs are apportioned by reference to the demands charitable activities make on central resources.
| 5 Other expenditure Pension scheme costs Staff costs Accountancy Fees Depreciation Other office costs |
Unrestricted Restricted Total 2025 2025 2025 2024 £ £ £ £ 352 - 352 367 352 - 352 367 1,740 - 1,740 1,200 804 - 804 1,009 293 - 293 484 3,189 - 3,189 3,060 |
|---|---|
The Independent Examiner has waived his fee for this financial year.
Page 9
Westminster Arts trading as Resonate Arts
Notes to the Financial Statements for the year ended 31 March 2025
…..............Continued
6 Tangible fixed assets
| 6 Tangible fixed assets |
||
|---|---|---|
| Office equipment Cost brought forward Additions Cost carried forward Depreciation brought forward Charge in the year Depreciation carried forward Net book value 7 Prepayments and accrued income Accrued income Prepayments 8 Other creditors Other taxes and social security payments Net wages Pension contributions Staff expenses 9 Accruals and deferred income Accruals Deferred income |
2025 £ 15,383 837 16,220 13,365 804 14,169 2,051 2025 £ 49,860 161 50,021 2025 £ 2,239 18 546 - 2,803 2025 £ 3,734 - 3,734 |
2024 £ 15,383 - |
| 15,383 | ||
| 12,356 1,009 |
||
| 13,365 | ||
| 2,018 | ||
| 2024 £ - 192 |
||
| 192 | ||
| 2024 £ 5,280 18 592 (52) |
||
| 5,838 | ||
| 2024 £ 1,200 28,000 |
||
| 29,200 |
Deferred income relates to income already received for which services are due to be provided in the following accounting period.
Page 10
Westminster Arts trading as Resonate Arts
Notes to the Financial Statements for the year ended 31 March 2025
…..............Continued
10 Reconciliation of funds
| Fund North West London ICB Mercers Trust British Library DSI Billing Power of Music WCC - VCS Core Funding WCC - Healthy Communities Victoria & Albert Museum Total Restricted Funds Anonymous gift Joseph Levy Foundation Postcode Society Trust General Funds Total Unrestricted Funds Total Funds |
Brought Carried Forward Income Expenditure Transfers Forward £ £ £ £ £ - 48,500 (48,500) - - - 43,000 (25,000) - 18,000 - 1,360 (1,360) - - - 2,000 (2,000) - - - 3,120 (3,120) - - - 15,000 (15,000) - - - 40,000 (40,000) - - - 10,744 (10,744) - - |
|---|---|
| - 163,724 (145,724) - 18,000 |
|
| 90,935 - - - 90,935 - 5,250 (3,189) - 2,061 - 23,500 (18,000) - 5,500 4,989 7,665 (11,620) - 1,034 |
|
| 95,924 36,415 (32,809) - 99,530 |
|
| 95,924 200,139 (178,533) - 117,530 |
11 Trustees and related parties
Trustees receive no remuneration and are entitled to only modest out-of-pocket expenses. During this year, no payments were made to any trustee or related party.
Page 11