2023-03-31-accounts

REGISTEREDOIARITYNUM8EK' 1031AOO 31 MARtsI 21 iui ACHFW 01112r2023 COMPANIES HWSE A12

FIRSTSITe iWAITED REF£RENCE DPmlrnTJVE DETA115 FOR ThEYEAR ENDeD 31MAR(112023 02884347 IEnelèrknJandWalesl 10318 firstsite LewbsG¥der6 Hi8hStert Colchester col Mr G CArmitige Mr M FL Dwh•m Ire&8ned 3171231 MrT Field Msc E C Frands Mr ANGarnett MrJ HanRy M5 D E Leacock Nts R H MillardOOE Mr R A Pc4om Ms S Pul 5ar Lok Mr D J R05enbe Mr PTibber airJA Your SenlorStaturoryAudllor Melinda J Simpson ACA aineswatts StuiOry Avrfrto Townwall Hou 8alktrne HOI Cokhester C03 3AD Somcito Ilsor Head￿tern￿rt Heod StJet Colthester COI INP

FIRSTSifE LIPJIIIED REFERE￿ AND ￿￿miNiS￿RAT￿l￿ DEfpAIs.c¢>nt FOR ThEVEAR END￿) 31 I￿R01 2023 8ankeTS HS8C 26 Fligh Street Cdch¢st•r Essex coi ir CCLA Irwestment COIF th3rf1V Funds 80 Chewide London E(2V 60Z Lws 8*k 22 Hlth street Colche5tsr Essex Co1￿

NRsfsiTEUP4JITED CONTE14TS OFTHE CONSOUDATED FwaALsfA7th4ENTS F(￿ THE YL4ft ENDED 31 MAR(H 2Q3 Ch•lrfStstem•i I to 2 ReportoftheTswiees 3 to 10 u 10 14 16 to 17 ChaittyDal4n¢•Sl¥ert to 21 22 tD 45

CHAIR'ssfATEMENf FOR THE YEAR ENDÉD 31 MAROI a)2a a8reatyear 4trs beth at firsrgtt For mcoth frcffispr1￿ 2021 ow fvst woperyeartyrtofthe icttJre5 ol COWD-19. we st38ed ￿al￿n8 art works. twe1cm￿ comuDities. were hwlded in the nailona pres5, 1nLf 8i¥e ov 7￿00 hot meals to f￿n￿leS and pecw We re selected IF• ￿"S Majesty Charfe5 111 as one of onty three tharrtsble institution5 to fotts on celetrat¢ Twhen tre ￿ lr Maiexy Cokhe5tor In March X123 in Order to aCknr￿IedKe its ne￿￿at￿ 3sa tritishoty. Ftrsdy, the art. Mehjl Jaalaghdamian is a mager r4emaker from Iw 4b)se w(ffk ha5 been (• show In the 8ally ¥nce September 2022. 0￿r￿dY seeklr8wiwn in the ￿ Mthli's vthi¢h be until Septthysber 2023. dF3w5 attertion to the expwiejw of parDuhwty thc6e ht gjltred sea uosgry kn rexh sth. Art in ENile features three rw made by Mehth durioq his tirne 35 3 rel￿ in &￿￿01M. It 50 screv6 Se+rr¥ ftkns. The Provan￿WaS￿nded Pwwr2023 oftheyear wr4rd. Celebre¢J cantemwary artistsThe Twrs br¢Wt of F•shion to fIrsts￿e during the 5ufflmer pl 2022. tdenlKol twns Arnrit Rat4ndr3 Kaur Sryh. hrnu5 for tlir intrt (trm￿rS tyaditlons from both East and west. created a arwmeTrt wth 1rftr5iZE 5VT)trtJk of 11stDrul fwres presented as dl8lrdl fabric ll8ht-L￿ orrwffjrks theN5￿ryof lfithan de￿all￿ Its cryrneroal expltytation. Satirical P8lnilr¥s ethblted the 18ht bo￿ fr￿med on the 8rldsh EM￿r¥S wlth Indts ind the wlder meanln8 01 coloNali5rn. Yhe Wt knes ¢fsplayèJ irdde the n84de an ¥ray of h•&palnted eparaory artwk5. drawry5 and lu0￿le¥0bJert% The￿Ie51>￿waS WQTxJb¥e and beautifrj. Our of ths¢s1tt4 10 thp arts crmtirwed last a￿￿nn with a nAJL¥h¢nt tti wn1￿MmI¥. h15 landxap4 done a5 il from the wn¢S>w OF a speethr¥ car aThJ his be&s e¥hiLxted akngside mlld works by Frar Bac0￿ wwe ShrY￿ In pwL4v fv krgest retrospethe this m￿l￿dmired artist ￿ e¥v h¥1. Apcdlo Ma8azioe daind thlsyw-afi opp)r￿nltyth￿r￿o￿7knhSlrrtWes￿d in 2￿ce(￿￿y Britthartshould mi5<. Meanwknlein sprin8 2023. l•te •twas h¥¥ded by a n4lor41￿C4e￿aIed 5trwrtcurated by to of the st¥s of the YBA yeas. Sarah Luc•s lucas to ethlbit wcfk d￿rt WL￿en I￿lu[lIn8 07Ane Hambli#& Webster. Geor8Hw SoTyaCryJdtrPOm in P¥Bhts8ht mHl IN a¢d¥mln8 the show. WunaT Ittyn The Sund•f Times É5rft ttris and perilnefit British femle wt ESfi shDwn * T 8rIt•n0rt￿ serpentsntG￿￿f ongyde these b show5 a myrild of dhthl presentatior& M￿of wthith hur¥ T￿thIn the oJMnB corridor HrstsTte 1 yEaf. Try Included lar¥twn houses ty Gla￿$ CistaDcEd Assemblage, tines ty Reena Kallai sh)wio tryrteThl b)rdtss acr¢)ss the WLYld. S•non Caner and Sh)re lines: beautrful. char(oal of tht Esse¥ 5uffdk co05dir4 ￿r Ik41 diwzy bt>rrowed from the Arts Counul National Q41ecli¢)ry this timcwaed b¥ow squad ofduhkni people Ythotake part in Hollday Fuft.On the Subj￿1 ol Ih)b¢lay Fun. 2022.23 this TratIonal￿ ￿da￿ned grw. ha4xD8 fun Mijust ifi t hondays but duriro many rf not all WEekend4 h311 As the wst of IMn8 tt￿r￿hed. Holithy Fun had rEned Ylyur and resonance. ¢)Jr restawant ￿d&alterIeS irwired and fedtyr l5ts) clldren artd nÈaty adL&ThèYs not all: tsmilleswhotook Win Holidayfun vAJrkedon(Tri¥e The ho580￿ streryqth tosrren#h and lnwredwndarpio￿c¥$I￿811Ie$x￿ssthettyJntry. Durir¥4 2022-2023, Krstsite not wopletbw to knokat eat but enwuraBed peD￿e w tlunk and tak durirl tyjr new Talks swarme. Seasoned tyitic fly The Art Nes￿per i¢xtsa is Cd¢hester i)rn and bred. d a remrlable series of talks lrtcludingone5 Vath Venre Lion w1n￿r &)[￿8 Btyre TUrf￿r Prot-wfther Jeremy Ddler andla5h¢DnKuru Zwdra RhsJdE& The ¢dmiThati￿ was in the k*>re Bq Wlwnen Conf¥w. led by 8ucK WI￿¢￿ IndUd￿ • keynoieathJre5sfr¢Jm the Oirtaor¥rfTat¢ Bashèw.

FIRST￿ UMITED CHAfR'SSTATEMÉNT.¢ontlrA￿I FORIHEYEhA ENOE031MAROI 2023 Perhaps beouse of Holiddy Fun Talks Fir>te cvnented its pv5ityun at the heali of Cd¢he5ter.. the annual City (hfis¢ms Fete and LaNtrTh ParJe ended up a a 7hrnthrful lrgrouTrd ¢xrtside the bLriIDlo, W￿1¢ ¥tslptsJre by Julian Opie Sarah l￿a$ delEhted ar￿ ￿lty•Eve& i￿tIN5 to the gardens and outyde. Our re5twr¥nt was refvrbished and rel¥urthed and b￿Cffle 3 fiAure in ihe Colcherter 1Ur￿htiry￿ econm, ￿t￿le ow 5hDP drew on cornrnercial p¢)55ibikies fvom the exhi1i1trf￿ all of whKh of Course had free ajrnisswjn Our£inemèwentfrom strenglhto strenBth a5 3uLlvKes ritrJrnedtofiknoiry atertWoyea5wcli￿ OVDS ai h The broader finanoas land¥ape fot and th¢ ar1¥8e h•$ prlwen challerwrrf ès emerge frrm COMO-19 and exwiente the bxwash ot the w¥ in Ukraire. tlE tffert5 of wlwth can be Seen in the costs Flrstsite 15 expos￿ toac¥i)ss the lM"rd. Thismthe5 ite%tn mLYe cnti4 tothaDkthe m￿COntr￿n￿ and new supporters of Fir#51 o are stead135rin Iwaltyand ctyitrknAiork I woukl like to thankourgtpp)rtingpartner4 nolably ArtsCourKil England, for w￿e patrona8e and ch?mpityTrng * are SO 8lad and grateful as continue as a Pmlolh) c8￿15a1￿. Equ4Uy. ryjr &xal partner5. E55ex County Council and Colchester Oty cou￿1 those is e￿1V wekthne arKt ￿￿tsnt. I would like to thank ouf maw indNidval Patron% irtluth'ng knia Gile5 Co(tyJfrAdams. and Tre¥w FenwKk who been SLth faithfvl and remarkable lriend% and OrherSw￿ preler io fematr arwryn I w0￿d Ilke to thank my sage afvj pat￿ffl Chair Rxh¥d P￿ thè entire Board ofTru5tee5 LI￿11vI the 2022.23 year, ￿e1¥ Diane Le•c¢ck Peter fibber. #al￿ Fr￿1 Pui Son Lok ar 7kTI $￿1￿, Clrjulto Ywn& AlJnGarnetL CllrMolty8kK)mfidd. larne5 H<¥ty. Rosenberg andGvy Arrnit. I wodd Ike to thank The Yirstsits Collectorf Group. so W￿$[1￿1¥ chared by ja￿ Fffjrth.ar￿ End¥Id￿ wppotiers includinB GeDrRie G•thwaite. Henrr&tta Guest and JoaTrne Ooi who helFed put ory the More Women confere¢e ¥onsored by The unNe￿ty ofEssex. Emson and Essex County Ctyjrxil. and our wrson's 6roupé YAL which hèsways been so cwvnittedto Iwln8 fir5Nieln t0￿h￿t￿ Wt￿ kxa w peOeihirnk•d wanr. Flnally. I must thank the KvonderfLd. ew8etic &￿Ie551￿MI ieaTr * FJw5tsYie. tthose 4kdiraiion and sliu hugely. and our briliant DIrert￿ S M8E whD 15 Its[￿n51b1e for enswir¥ firstyte keeps to its Aiisyon of tsfihwng WOTldcla55 art to Colthester. Sallrfs and passlwtr 15 remark3t4e an(5 under her 8￿d￿ce 3Sthis rerort dernonxrntes, rstsite h35 ensweda rem*atand ￿CesSf¥￿ yw.r. Ms ft Y Mill¥d 08E- Dare..

FTh5Tsrre LIMITED RepoRTQFThETrUfftBIINCORFI)AATING DIKcf¢xs'REpom FOR IHE YEAH E14DED31MAA012013 trtsstee5 vtho are so ofthe youp fry wkY)se5 Otthe CLTrpanfjes Att 2(Th, wesert iheir report the finantial stattrnents ofthe youp kn theyear e￿Ied 31 Mxth2013. The fina￿ts1 Stat￿nts hwe been prepared in accordance with the Kcounvng pdkn"e55ei IWt In i to the #atementsand Corn￿¥ with the 8royrfs ArtKles of AsSQC1¥tt￿. the Canpan5 •£t 20￿ aidknourrtity Reporttru ty ch￿.. Strtwrtent of Rerpmntended Pr•rtife applic•ble to <h•rits wepariry •(trmJr￿ the Rewbro Starsdafd applic•lYe in ￿ UK and RepJbfic ol Irelar&l IFRS IOZI lelltth4 IJ•x4ry20191. Objertfn5arKI rn5 The charitys Obi￿t and its prirrip￿ xd¥ity 15 to pr¢￿[￿ the t5 in sooety. in the v15tral and merfi• ¥rt% for the benefrc of the ithabitsnts ol C￿cl￿er ￿ partkL4¥ and the area in Ea# A￿la ￿ gefitral by dwdopkng publK app￿03t50￿ o¢the arts imprryir¥ xcessto the watyofthèart5. The cgarisaiion ts a nattonal lead¥ kn c&mmisyoThlng contemForary a￿ e¥fvt4bre ir in the tygaThsknn'S bundir¥ w¢￿rVa imovabve n lurni￿opp￿￿h1De5I0rlh¢ Wt4¢0und¥5r￿ •TrJ apWe0tnew￿d exithB¥L Thè thar1￿$ è(m 15 to I￿￿e ifs re￿th into the Corrln￿ity whh a wcwarrme of ahit4tsd artwk aty)dated learnlnB XtMlie& The stral￿forth￿ artstt prw•rffje 15 to e¥hitir rnkth indwle5 new art thwyges ￿th a broad •3dier¢e, show WOFk fr¢m estrt4ithed arDSts afvj to wodLre lo1￿￿atre eNl¥bwns. ThE ￿¥￿ir￿ kwo8rammrfs aims aTe to find approk¥iète 1nlere5tl￿ wsto ewe 5ettitsns of the tommuth. tyttr￿ v￿lts£0 exhibition5 and I￿$t rykslws•rd to mtye members0fthe￿￿￿urOrYIo Partldpate kncreètive 4rtiwity. Mlsslon Toensure artand CreatI￿ty¥re¥aIuedknthelr roleinshwlrq• h¥w ¥Klhetysociewfor celebratlng wyone'simègMiaiiMs•s places to 5￿pe aberyerfuv . demonstrat4￿ th¢ ol ￿#erieS at thÈ Ltntre Ofe¥eTh￿ Value5 ive" we stk the le•tlsotueatfvity in the fantasrk ￿sts oTrJ that Shr￿ support h wNk to6ether a5 at&•rt and fthowD7rrfflunitie5 ¥￿p￿￿e1$to￿a￿e0UrtAsIOlL Inthl¥e.' we contlnuouth and xtively seektoldwdfy aml rern￿ barriersto e¥V￿hl￿We do and W￿We do It to e￿re itis availabletothosewh) w¢Yitse and tho s¢ekto sharewh&we dty L.'we atyvety seeklnvdvem•K feethxkand InfDrnati￿frtsTh wr audiefités ¥mdC<4nm￿￿l￿-¢Sp¢(l?￿y th￿o￿t prIc￿liS¢-tO Inform whztwe Iwwedo ￿ aTrJ Fkxf¢•n &mpro exhtirnewe dolt rs&b￿. We need th kad ty e4arnplt take rti(#KibiSty fr ¢Jrry we do w4th irrtegrity, and ur8ery. Ths Intlydes tr￿n8 eh cther as a tewTh, rÈ%FJorith for a￿¢￿t$ 0)Mun￿lIeS and takity responsibility fwour loc¥ th￿r￿Trent and theWaneL

FIIST51TE iIMITEO FOR M YEAA ENDED31 MJJIOI 21n3 In declthng the th¥irfs work the cwrse of the yearthe Tfwtees hm Corn￿1ed T￿th the duty In s17 Chaits Att 2011to hov¢due re8ard to thepublk Lpnefit8ui¢w wWished ￿t￿chan￿(1)MMIs￿On. Ch•ritable xti¥itks T￿0￿1￿)ut the financial y 2022123 Firtyte tjelwed ￿ extr•yffjrwy pwaiffte of actknty wtr41st 3 continLrin8 ID adjust to life FoA•¢ONid. The year WO8Te55ed wlh no no hjther unergtrty fifrnIIr￿ new t￿1￿&t5 io the l¢ht ol the ww in Ukrnine and riynE costs acr055 tke bort ¢)Jr •Jd￿￿e5 hwe conbnued to in strong number% a[￿we rtrgafjnEd w￿￿Id le¥eis offcwxf311 ￿the1a$¢ qu¥wof the ￿r. First&trwasatsosucce$5ful In appty1￿ tQArt5 CoLuKiI iorrtum tothe Na￿0￿ PorrfO￿o ¢¢)mMertll￿lnthE rw finaThualyear 202¥2 L ee a Trdl¢al •nd DuMandknK•rtyHery Fir5tsite ha5m•JiThiaine¢ an ey£eptb)na 5Land3rdo(lAK Ilwjthi MI￿rtI￿ hl8h l¥wets of divetsity aloryide impetraL quality and COrKept￿ rqwr. Wi8ht exFlllxticn5 iTrJude The Si¢wh Twir￿510 oIFoshion, ￿n￿ller 1onthup¢s ord 8eG5ts, 89 Women cured ty S•7h Lucas and of Course Art h Exile proflliry pr￿ty￿Y h)s￿ wryk by masttr rp4thmak¥ J¥a1athd￿aj. Wt he ￿$0 thdkated sisruficant re$oW￿ to w6th èrttsts fr¢Jn the E45t re8lon ty corttiWt ￿ fvyofile wk trrf artists li¥ire and ns l¢xtyttrJty aswdl asthosew￿h￿e kid thefCrfh￿tiOns dour Ctvrert tikc<nmuftlty ￿ as D2nTrl9 Wirththillw. 2. brlnl lotsof drfferertpeopleto¢EtherToenJryart vjlture We xKceeded in returnirg to pr￿f￿ld Iwds ol foxw by QLWter fow of ts finaKial 2022n3. Ow41, IIL654 peDple c3rne ts the 8ry wth more xbskne5 online. We have nOti￿d sEnffjc•t shrfts kn 9)rne dwnctraphic area% in thot au¢lence5 hwe kneased people from Blobal majority groups h ¥isr(Èd in fewer howwovera# Oobal mapNlty up on we<owd lewelA Thi5 15 POtrnty*ly the nature of marw of the exhit•tyons * tr•r apFeal to £ertain wtws. Glob31 mapjrity increased lurlttg the Sin8h Th￿n$ Slaves of F35hlo% eAbl￿tion tr exawe. A0n6$￿e. Lyjr n• womotu h3$ irKreased bv 23 Onow WtrCQ4Kas(ueand p¢¥rts Ihan 202yXa17L Bebold In Imwovknidknltyand knckn thararteristic gr￿p5 peO￿e fr&Tr￿0bal ffla￿ti￿. LGBfa+ and m•8lnalsed comm￿ltieS featiryed in 11 headfine e￿￿￿TIor￿. tjw hÈalline emh1tst1￿￿ S¥2h l￿a$ f￿{tse￿ spedfuly on womenwho ère in the later

ages of life and work c￿r 24 fanale ¥t15tswe hr8hb8hted In a I￿V￿1¢h gerwated irtsedible wess coverage

lor the ?￿sts and saw feures ir<xÈ3se safjiFKdy. fv Openi￿ was tended by over I￿peOple. to the nature of the e*obiti'OnS in 2022ni of wlith cdebrated 7oeinL Gk)￿l majorlty aUrfIe￿eS overall a￿ hither than our levdsat 9.$% haNlr¥ ￿reaSed ty 0.6% from8SX in 20tsno. Howtr, withln thiswe have seen a sligbtdecrease in Asian Agan •JilierwtyO.6%. Wrth reydsyntsldenttty. we h 5eeTh 3n Inuea5e ￿ Vtsito￿ ideMtyr8 irtanothtrwarf upty 13% pr¢-¢wd

FIASTsifE UMITED REPORT OFTHETrUSTEE5 ItPKoRPORAIW46DIIW￿ ftEp0An.(DvJ￿rnMd FORIHEVEAR ENDW 31fv1AROI 21)13 In the year we •nthed a tcqal of Z53 thr￿h pemiana con¢TaCted roles140X freelarre contrxts1147) and yo1￿eerS Iffjl. We have seen increased le¥eis ofthtrsity peirnanertcontr¥t¢d staff reg¥ds ¥ob maloriti¢S112.S%l disatslity15W these are both 5iyifir• a8n In our vol￿t￿l pod wNth ts overt 0fioldaxoyapfr#c4t 21% arnl 25%respetti¥Éty. £rossthe Holidy Fun prtyisbn t￿￿3s3￿ of40% glo￿ attthdw ofboth children and alult We htye a￿0 ueated new t￿￿1￿￿Aenl opportunths fty Ebbèl rnairylty ctymiuruty M￿berS thrwh Fwxsite holiday fun. The menu has beefj adapted to 1fid￿ di%r5e fc<#J5 from w0$5 our CDM￿￿nitY litiks i•dudin# iÈti from JamaKa, tsan8ladesh and troq ￿ Syrta For swal of these team members tNs is their Ik5t em￿￿tIneNt opportunity ever in this cwrw. We been (wther ¢dlabtrètir¢ wilh Refugee And Pthgrant Action CohEsrer. fric￿ Famih"es inthvUKandtre Mla(W1w¢AY•<$woci•>￿ Fsse¥on ttls 1ryti￿￿. ChaThWon the Medsof Childyeft aml People The 32 membtrs of w Your% xorrmjn￿l IYAKY p¥160p￿ Mi 68 wert% Awlshop5 ￿ mentor¢r sesslons which We￿ attended g)2 bmes In to￿. s¢S￿Or6 we led ty 27 rWts Yu. th audlence mtmberstoYNA specifK ￿1¥￿ty. Holidty Ftmc¢rtirwJed to be deTr¥ered lr￿udeda rrÈal ruj pre4rnmmE Ot weekendsa5 well as xhool hc4idw& A toi¥ of 6.W were Ser￿￿ to LI￿ famlies %r05s the year. This breaks down as 1.825 adults 1566 1ndl4ld￿ Chflrf￿ siwty1ed tlYty•h tt¢ Thls b a totsl ￿ I6￿9 meajs 50 far Sin￿ thebep'nThw of thÈ prograrrw in 2017. arttsts to ddNerthese •¢tiwliesgMY%vtiI re50ufcES fc l¢cal uethes in the area. A tQtsl OF L293 pupiLs pari is) •¥#l¢aw¢xk•deygned wbficfore%h Sd￿￿. a150takerti￿ rytours byarti#saThl Firstsite staff the HeadofPro8rammes BethMnclaltyr¢sMt¢Mand shaYeow¥v4wus Firstsff£e has gJc¢e&rfulty replpplied to Ixts Councll El￿Or￿S Portfolio contihued the rtext three ye$ untyl 2026. l>Jr core fvndir¥ frun our other 5EnffjKaDt pkns- c￿che￿er Crt¥ GIV￿11 aftd Essex County COUKI 15 aLwJ ID a furtlw three ¥￿5 and we have continued to 0￿￿10p $kni￿an1 new relation51ipsith funders wpmrs across low woths Stre￿ We wveespe£ialty d￿￿k￿ed wbe SPCnsored by Sa￿le co￿5 Gallery. the F￿sr￿e collec￿ Gro￿. Assocoaticfft of W•in In The Art Un￿rsity of Essex ind EssexthJntyCowKil onthe M(Ye 4WrffienronlereKe ￿ M￿h 2ff23. Our fin￿￿•1 thlenys from thtemal forw hae been nificaAt 3nd tho s Idt clezrly in r#Jr budgets. A¢tthEntes have been rault￿s to retum natioTra￿ tts and we h￿ fdt in our Mr￿￿£191 rerfumanc CoW￿d this as a larye veN¢ we have been genificartlyirr•xted ￿the rise iAfvel wtes. We are fivtuntrto ha¥excumulated 5inlficartre5eThes he ak1tdow $￿t&S￿A oftNsfthi affect￿18 OLt vdume •nd qualtty of creati4* outp￿ This 15 a of the (areful stewordslOp Df the ex¢¢urf¥e tearn ￿ we conlinualtyadam to b"me5 andtheafwskthofCOMD-

FMLST5fFE UMITED REPORTOFTHETRUSTEESIIPICORPOKATIP DIAEcr(W IIEP(IITI.¢rffthl FOR ThE YEAR ENDED 31 MMOI 21123 Firrtgtds conmitted and stLthus 8Nrd dTrustee5 ¥emwn￿dety fr(u55edon themaThythollenEeswe have faced OVEr the List iz rI￿rnh They ha¥e createda spxe for carefLI ew¥dship ol ourvauable resource4 SUPFQrt afid encow3Bemwtto Cr￿nue to be am&tb)U5 In ueatsve ieath ￿Ure we thrft ￿se s￿ht ofthè artists. tommurribes and wrthesth5hoL4d be andwenv&ilMfJtyespecialtyiTrtD71tsof8lobal difficlrfty. We have antxipated the P¥DCU￿ thfftult ￿ar post-cu¥J aftd hwe inp1am￿ted SignifKant￿ uweased rewrti and between e%eCUt￿ turn * B￿￿ 4th the Iitro(k¢tion of Mapr Projects Workln8 Group as we mDve thriwh senlficant or&ar￿SaI1￿ThaI and operatitinal th4ffjes as the irnpltsneTrt3tton ol our new I￿tI￿ system 4)w th h•5 been s￿LesS￿Y steered twih to irnthentatton. Finanri•lp09ty9n The charltable wffjafty Con15r￿ ¢0 olde￿r to ImFloirt its rfsk man•ment 5tra¢egy reserves policy in Ilne with its business pl￿nally owrion of the IwJl￿n£a￿ the cary￿8 ￿ of it5 charitstle obj¥bve& Yhe pollcy is to ha¥E 3 months OF expendiure (tr￿ed ty ￿￿e￿[￿j re5w¥ps * any lime and thè tnjsrees are towards 201V23 saw afi￿[ 12 r¢￿￿501acty￿ty trowever (C￿￿t￿E￿ the heelst)fthe COW1>19 p3ndunt is Tr)Wthe￿$￿t1Nq tonthei between Uhinp and Rusya vknth ha5 t•Jsed a refuRee tr￿15 KI ecor￿￿ Ford5hip far frorn the eprtwire ol the fighti￿ Disr￿tiOnS In flow of fuel aTrJ Vain are up food las W￿5 sh¥p￿. Fundi•g has reduced ifieantty vear whllst thlanthrosxc or8awt￿s re•alue their prltyfjtie> F￿ts"te, likE many other afferted 8ani5ètÉor￿ ha5 rdied ihe wered use ol Res￿￿ kn ro¥i8ae tlis p￿￿d. The accLrnulated cOrol￿al Surplus ¢n the uryestrictrd lund 7￿￿nt as of 31 Marth 2023 ¥ftas £2475912022: £n4A1701 and thLYe restrkted Fund5 of £315,69512022.. É302.0111. I1L￿efrThn rt51ricted acthrityfdl ty É282.15312023: £ISW4- 2022.. £441m7). FLmdryof £158,874 was to pport s￿h a5 Irt ￿0￿￿￿u[￿l NAKK The trèjirrf ￿mtieS ot the erwp ¥e (￿rIed EnttiPrise5 Li5nited ¥ wholly ¢xvned Su￿￿ary, ￿￿e results are included In these congjlidatsd lnaro4 statements. •rtivity inge¥se& In re¥en￿ by £145.770 12023.. £477.213_ 2022.. £331.4431 aUWFty wa5 benrted frcth a ft1112 morth ￿3￿ing period i￿r￿T foorfall thro￿ the gallay. There wa5 a swt aThl to lift ￿Or yew ￿￿fits to FN5ts1te mtted leadingto aA Ios5 arfThmriry to E29.985. 2022.. E2.834,5601 rnainty rdire toore rff •w¥ds In 2022 frtyrtAris COU￿{1 Cukurt Remry FuTring of£627.625 aAd £IOO.Cthof Museum oltheYe¥Aw& n 1023 swrh45s￿ a￿ryt￿￿￿￿￿￿Eé1)v￿oI￿Defil rotsl resources exp￿ed dwe35ed thesyknryewby E25.740121123: £2.424.X)1-2022: q450,Hll, m•nty as è 01 inuea5ed cost5 01 unre5tri¢ttd c14rita￿e ￿t￿lItieS tsf £J54,3TJ12tr23: Q.254.582- 2022.. Q.100.2071 and dttrea5e5 In acti41ty assoaatedwithresrricted ¥thitiesof U&l.113121)23.. É17QIZI-2022: £3S02341.Tht ￿creW refiÈctNeofthe 12-monthtradlr4 dUri￿tr￿¥￿ •¥1 prfce rt5esgen8￿y.

FOA THEYÉAR ENDED 31MIROI 2023 T￿[￿ble nEt Ilxed assets increased by £34.11612023.. ￿3,074- 2ty22: fr(wn the wior firwnEial yeir this movement ¢n assets refiects thè deweciaion based the tharitrs 01 £26477412022.. É294,MII IA£Ith E16193512012.. £137AII Fn respea of ExhI>l￿on Tax Wef. The reliel Ta￿ irKrewd with effect fr(4Tr 27th C%td)w 21ni to 45% for non-tfft ex11b￿On5 £104.83912022: £157.1791 of tr3deand prep￿￿At deb Qtéitors £264A3412021. £21￿.(YJ5l faWire thJi￿n ort ye¥ iTKludes frrf £130JXI of and thrred irKryn £100.913 of trade credittys artd £IO,¢X¢) reC[w￿n¢ FIr￿￿¥S Ilablity to a ye¥ wt of the £50OCQ P4)uKe %thich hJ5a 6dyear te The trustees h¥4e fomd o i￿L at the lim¢ of apwcwirl the finar<ial staeNrtts that based upon fvnthr secured and xtioTrs bel￿ taken to res￿r￿j thE finanaal irnw of the cost-of-b¥Srs criw tho gro￿ wlll c￿tIft￿ tts 1cti%Htiofortheforesee8Ne fLftweandreMau￿• Our th¥k$ 80 to Art5 Cpu￿1 Ewid. Cckhets fjty CDWKII. E55eM Courbty c￿n01, Art Furtd. CoodtrAdams Tn The Tnjstses ha￿￿ a thjty to identify and wew Ihe risks to wP4th the charity is tlposed to ertsure approprie cthitrols are itt ￿￿et0P10￿￿ reaswllea$5ur•Ke <ainsE frkl•rJwmr. lfi adthti0￿ ￿ Trugee5COftStderotherr to the ¢ontlN¥ceof firtste as ah ¥tistk a￿lY￿rg￿lue.The tn4ior rthto the thaTrryi5 expose¢ Idenrffed bVthttnth￿ ifidude tre Wbon ￿df￿ar0e5zs￿l3b￿. been rni&¥ed and a Wem has been esratyished to rniti¢ate thosÈ risk% ￿ Trustees to closetywth the sponsors of FIrS￿te to ersure cornmon obsecrive5and Xti¥ities •e ¥Ne¥edto ensWECtffjtin￿I SUFVXL The 8rwp< ￿lty OA fesei¥e$ 1$ 10 mantan stht(itht reser￿ to enatlè VXQ to ￿rtinUe io achteve

REPORT OFTHETRUsTEE5ONCORPORATINGDIREcf(MgHEP￿.(￿0t1rt FOR ThE YEAR EPIDED 31 MAROI 2023 G¢wErninE dDtument The gro￿ Is contrrfed ty Its gtrjerrmng a thed of trWL corwutes a Ihmlted compary. Ilmlted by guarantee, 35 defined bythe Comwie5kt 2CI)& Recrnltmertandtrkntofn¢wtruste¢5 The Truste4 wk ¥È ¥sothe th￿or$I￿ the pwposeof¢tynp¥rylJ, SthT•JJ dwretheyand upt¢ t date afslgnaiwe ofthe fi￿n(la1$￿t￿nen￿wè. MrG CArmitag¢ Mr M Dufham liesly￿ 3171231 MrT Fleld sCECFr4rtk% MrAGametr MrJHrny Ms O E Leacork M5 Rosie Mlllord OBE- Ch•r MrR A P¢I(n-￿¢ th•p NISS San Lok MrDJ RosenJJerg rPTibbef airj A Young TNsteesare recruiteL1￿•￿I ryEerfprKedwe'. 1. É5tabllsh at￿ agree thecompetenciesc4uwed; l AArtlsetht posibOASVi8 firs¢t¥swebsiteaN¢xheF WDpvitmetha •KI ite otrwaryllcants tsryout a paper shrrtthir¥exef¢iseconyire•pKè and qvaSficth$ett. •Én#thepreferredcriterr•: Carryout str￿tL￿e4 comp¢trrry-b•std Int￿•¥5 wth mernbersol the ￿1￿J0￿5 ¥nd Comffmt nd the Cha¢r of the Mana8in¢ 8od ¥¥J sttyt ￿ldtte tEe5 U￿er8D a period 0ftraini￿ to brf trrn M their W ot4tgp)n5 tharity and Comwny Lww. tht tontent of the Mernorandym and An￿e$ of ASs(thI￿ the deoSN)n4nakl￿ F￿r￿e$S the bLrdnes5 pL4n ènd retent financial perfDrnianctof the charity. TnJ5tee5 are erKouryd to apprLVriate external traininK wherethe5e wll l¥llttate undtrtir¥ofthetrrd¢ Ortsnlsèthjnalstrutture The Board of Trusrees n*ets at qWEerfyw re4Wlhè poky. wat4y and lor¥.Mn ￿l￿TrIng need5

FIRSTsire LNtTED REPORTQFTh£TRUSTEESllfKORPORATING DIREcfoRYPD0An.￿V￿hK FOR ThEYEAR ENDED 31 MARai 2013 ThE ￿ld Enlprls& r￿e￿$ 14ulty wAih FIwKE and DweL¢Crf w én5Ln A Cmipany Srfrrtary rrAe ￿ 3pp)inwl frrm Tru5tez5 10 help C￿on￿oI[Y dfftlw wr wlern￿ce •rr3nBements ensurir4 WE adhere to best wxrice. firs7Ste ho 0 wrrted a th31r to take tsn dulles and re¥wi&Wileslntheabsmofthe ￿. The Board of Tntste¢s dete8ate dwtrdty m•wmert tot1 C•Jttty. Mss 9Tr•¥. nrte that Als S Shw o not fomial Diiedor •[ Cwp•the5 F5fstsile h•$ a ¢1ose Idaiir￿thIpWIth •JtsCtyJM1 15 3(hty. Cdchesrer Oty COW￿11 athd Esx Cour¢y Coun¢il. 41 of Pr￿ide fLqKry to FAsite io ¢wry ¢>Jt h5 th¥l￿ble objecti¥ Fvttsite is also an m￿be[ of the Taie neTr￿￿ and the ContJwary ViM41 Arts Netwrt coTrtrilxJtyiw 10 setttr.wide sir¥t prol¢ct5 th4isvpp¢rtlnueased x¢o55to tthea¢r¢tstheUL Reknd partle5 rstslte Enterprises Linrted Is a oid 9Jbythary cmparty arkj ￿rateS the ttrnrnerti31 agjttt of the or8anltron whch I￿ude$ a of ¢}￿nen￿ is Queen rett offers a ueati¥e for I￿al small and new The othw arti￿￿e5 th# t¢ml¥￿ t1￿ of Ir5r5ite Enter¥rfi5es Lthted iKlude rnar￿nE the hre of 5pxe5 in Firstsit•'s bullth.nz or8aDSSlrq confuerKes andmeetirE5 the ¢qa pennanentcaféinthe bulldry isioen for food and drink 7 a week: the provi90n of a 5dling art relaled iEemsth I￿￿des I￿allY ￿tsd￿t￿ artwty and uaft. The Operat￿ of thÈ aLMtoriwTh is ￿ed to styeefi ￿ F¥fUma￿e$ al￿ with the rqrtnership wth CuRon (Jnemas a ftsll Mm In add￿￿ there are 8 ntrnber of rdated trlks aTrJ debateswhith are sjn offer to thepybj The commerrial auNity tyodwed ￿ kncome that Fiisrsith to 5hrw informatlve ltitere￿r￿ art as well 3Sthe pr￿1￿10n ofethciond wakshop5 3nd da55es tt*t afe freetoattend orweoffered at a ￿b5￿1v.

FMSTSIIE UMIT£O REPORT OFTrIETRUSIEES1INCORPORA7114G Di1￿croR5.￿EPoAI).W#lw￿d FOR TrIEYEAR ÉPIOED 31MAftOI 2023. STAIEMENf OFTRi6IEE5'RE5PON51wnES The tru5tEes ltho.afe also the dirErttys of Y￿•te L¥rnted fLW tl ￿rr￿Se5 ol c¢mpary L¥vil ¥e iesp)nsibÉE lor preparfnB the Report ol the Tnjstees ststwnents in x(ordaKe lth applicab￿ law and Unl￿d Xin&dtr AtCOLlntlryg Standardslunited GenwtyArceptedkcouniin8 PTac¢Kel. Ci)mpafiy law reoL•res ihe tru%ts to prtyare fin¥cwl statementsfor eh 8Ne a true ￿ fair ¥iew ol the state ot affars of the charirth youp and of the resour￿ and apsyicabon of rexurce5. irKludinE the Income and e¥penditure. 0fthe(h￿"1ta1￿e ffouplorth prep1r1￿ tt)Sefifi￿ia statmnts the truxee5 we requireé to.. selectsthtatAe ￿O￿tir rK4klesand ap￿th￿ t(￿&Stentr. ob5erye the methojs and prirKir4es in the thitySOftP.. makejudEements and estimatesth we reawftle￿ prepa￿ the financFal statements on the gc4w coKern basis unless it is Inapprow￿ w prewjme that the charirable 8roup ¢ontlnue in bl￿e$S. The liu￿ee5 are respons5ble for keepin8 proper xctsJml￿ re￿rdS wkqch with r￿￿o￿tle at ary tlme 'the finarKlal posffjon ofthe ¢h[ta￿e grwp and to en•￿e them to enswe th the ffinancial Maiements conwy wth the cornpan￿ kt 20(￿. They are also reskw6itle fc Safet￿r￿n£ the ￿er$ of the th￿¥tab￿ woup and h￿e for takng re8scnaiJlp slep5forthe pre¥enioTr aTrJ derecDon of fraLttI and other irre8ul¥nt In50 larasthe trtsMee$4reaware: there i51￿¥￿ev￿￿t audit inf0M￿or1 oIwthKhtheth•ritablewo￿'s •￿r￿or5 Ire un•w•re: and the trustees have takeA oll #eps that they 0￿￿t to hètst Tak￿ ty malt themsd¥es aware of ary Tel￿￿1 au(It Information to estatrAish th#￿ aLthorsare•w¥eofthat Irlrmatkn. AUDifoRS The aulilyS. Wat￿￿￿1 ￿ WkWltyrtr•pwirtheMthef0rtyKry￿rvl G￿er•I meet1￿. This rewwt has be￿ swepared ￿ KCwda￿e￿1th the spKo1 Part 15 ofthe Ctynpafiies kt Z￿6 rel•tiw to small pares. rov by wdtroftheljoard oltrustttsM......... afid5ird 00 tts behawby. s R ¥ Mlllard

FIHSTsifE LIMITED Oplnion We hawe atsthted the fly￿141 Swe{￿ & Fwstgte lthe 'wwil fty the ye¥ ended 31 March 2023 comprise the ron5olhled SrWtte￿ of A¢ll¥i￿ tte roffjdided and pxtrt ¢¥xnpary B¥lar¢e &leeL the ¢tsnso14dated Cash Flow Stst•fiert Th)tes to the fina￿1?1 ststefflen￿ a yjmmary of sigT¥ficant xwunting poli¢res. The financial reFJrte4 imtluffjry expeThJittre, fiythe Ye¥th￿ o¥Jed.. have been propeth prep¥ed in*ttrda￿e With UrAted Kir¥thMGener3Uykne#edAccour￿ry Prxtlw and . hwe l)een prep•redkn ¥Jith the ¥Ww¢wii￿tsafthecrnyeSN£t2O[ 8ags foroplrtSlln We onductsd our in KcordgrKe Inttrn*(thal oft IUK) IISAS IUK)l and applicth kw. ChJr reSpo￿bIll￿es widw th(bS¢ Standwds ¥e fvrthw ITh the knswrs. resp)n9bilit*s lty the aydrt finèn¢tèl stèternentsse¢tiortofourieporL We4fE indeFendertofthe in ¥cordw ￿￿th the ethKal requIr￿nts that are relevant to ow audlt ol fi17arKi4 gatements VK the FRCS Eth>ca st¥Adart and wè bwe fulfllled wr other ethca rwiwrties in ￿d?￿e r¢wirwMnts. We beleve that the audlt evIder￿e we hB¥e obtsned issufficiert and apwryi¢toyulde a l>ay5fortdropknkn. In aud￿￿&1￿ frtaftual statemerir% we ha ¢tyKlwJed th the truxee< weLrfthe ￿lre¢￿￿•M bagsof acc¢vntlng ln the weparation ofiheftnancil statemènts ￿ ¥wi￿ath. th< indivithjatycf colecti¥ely. Mryca5t4￿If￿t thyjjton the charaileywp'5 abdlL¥torortinue ￿ a ￿•rEconc￿￿ for a puiod of3tleartt￿￿¥e mffiths W￿the fin•xi31 thri5ed ¢)Jr rewrvsl￿I￿eS and the reSP￿s1￿1￿¢S of the ￿￿tee$ ￿ rewr to co1￿ ￿ dexnbEd In the rdevant 5ection50fthlsiepwL Olherrthmatlon The tnAttts are reSPJ￿trAe lor the otlr in1cfflt￿ The ottrr Irformati￿ ¢￿[￿￿the lrformaliDn ¥KI￿jed In the ual Reprx¢ othwth ttfin•wi31 OwR9￿t01th￿ Ir￿￿p￿tAL￿ty$ tseo Our Wllion on the fina￿￿ statewts drt% nrt c¢ww ￿ ot￿r itrformation aTra. exceo to extert ￿he[W￿e plklfjyxathd In OUr￿pOrt, edo notEXk¥eS$ 0oyfr•mof as9jrartecoNJ￿#jftthere( In %th of the finanrial 5fa¢EThntS W feskwknfrty i¥ kn re•9 c¢her ihfwmètian in doin8 sts, conswler whether the other ithformabcn 15 meri31￿ inc0￿stent with tht f1Th•￿1 stvnertS or our h)owlee obtained in the audlt or Other￿ apFwrs to be Materia￿ misstatrd IF ¥R idertify S￿h material incoosistencles c apparertt rnaterial misstatements, we ¥¢ wmied to detwff￿Whthrts 8ive5 rtse to a rnaterial mis5taternent in tt fi￿n￿31 statern￿ts themsehek ff. based M the w prforme4 wè cty)dude that there 15 a m3terfal miss¢at¢mentofthisother informwiorn we3re reWi￿dI0 IwtUwtlacL Weha¥e ￿hl￿t￿repwtln thisregard. In our ¢)plniDn. based Dnthe workwthrtaknn ￿the Course0ftr￿ atyt: th? iThformaDoTr w¥en in the Report of the Trustees for firW￿37 year ts whTch the IlnaKiaE stat•nents are prepared is conslstertwmththe fi￿￿101 statemertts.. the IleportoftheTrwtee5has prtparedin atttyd8rtt*h aOi¢able lrya regkrnwts -li-

RtPORT OFTHEINDEpeNDtMTMxrwroThe PAEM8EftS OF FFASTsifE UMIYEO irtatlers ofv¥thlch are rewlredtowby ext41 In The IW of ihe ￿￿￿edge W YrAer#￿It¥ Ofthetharrt￿81OLW￿• its•worwn•rtobtsned in the uwrolthe 4￿rIt. we not rntS5tsterrthty In Ihe ReFfjrLOft￿7rltsl We h•¥e nothirytD report In rewtofihefolrmfjry rn3ttW57there Il com￿e$￿£t2(￿￿feO￿lreS Ustofwt tow)u rf. Ni optnlon.. adequate acroLntiffj fecord5 ha¥E not been kept v rdwr6 adqu3te for our l•e rnr been re¢•ved frtyn branche5 not ￿￿ted U5: ¢Y the financial rywrsents we Kcwrtin8 Yetorfs•xl retu￿ or certn thscloswes oftruStee¢raM￿elatiOn speofiedty laware rtrtmadt.or we h•ve thotre¢we¢lall the inftym2ti0n wLirtationsYèfequlref￿ ow•J¢ o . the trwreeswert not enlitWto take •knntsge ofthe sm¥1 Ccffiparle5e¥￿ty￿ frunttrequlfemertto We￿re a 5tr4tewE in K¥ewr¢theRemoftheTnthtee& Re$pan5￿11￿ts0f intytees As e%plwned ftAly in st￿e￿ of the Iwu5ttt5 (W￿ ￿ ¥L%p the dirtttors of thè tharitable group forthe purposesofcorn￿ lawl are ve¥on5fjt4eforthe preparabonof the finwKi•t StateMth￿ for bEirry that ty 8h a true farr N4t. and fw wch Tr)wn31 cfyw(4 as thetrLm deter￿￿ne is no¢essaryto enabl?the preparioAoffinaKI4 atw)w)ts thawefreefrm fi¥sstaknert wlthrthetofrajd OTermr. lft weparkn8 the finardal tyystees art re¥wiWe for a55e55iry the thwitabt yo41's alMfrty to conllnu• s a going COrKe￿ dSd￿n& as ¢cat4e. matters to crrtem yslr the $r#￿ coKern ba515 of acc0unb￿ wless the trustees •rh¢r inr)d to I￿￿￿81e the thwt*e youp or to ￿0$e operati￿$ or hwe no reallst alternative butto do $0.

REPORTI%THE INDEPEXDENT AUL¥f(IlSTOTME MEMBEILS ( AASTsifE LIMrfED material mi55tatemert thethEr d￿t0fra￿AOTerrOr, to we a Repxtofthe Independert Au4itrrs that indudesaw opiniorL Re3gJnable assUra￿e ￿ a h¢h of 3ssuraK¢ kn Is not a guarantee that an ¢oTrJucted in ateOTda with ISAS IUW will alvRys detect a rri5swemenrwkn it￿￿& Misyavnents can artse from frajd Dr error and are consdwed maieria if. in¢libduy ty in fv 48re8at4 be e¥p¥ted to the ￿1r￿1£ detis1o￿Qf users taken on th?baYs￿theSefinar￿i sta￿nI% extenttowhkh rwjr prcrethwts¥e¢wat4eofdet&dr¥ rrtDdarkne% indudtr%lTaudisdthiled b¢¢ow.' We obkined In ￿derSt￿¢ 1 reWatw frawthtyk to t•th tr ¢h¥itrble 8roup ltsdf ar the sector in whlth It ewate5. We 1dertifi￿ ¥eas of 10 and reEUtabDns th ¢auW re￿nablY be eXp￿ted to mattrial effetton the financrdl st4emeDtsth wr 5ertortxperieKe and thrwh ¢fIx￿S810n vhth thrzrtwshrust and man4emenL The most 5igrHftant ￿e identsfEd 45 the Corwes Art 2Q)6, The c￿rItIeS Att 201L UK GW incI￿7￿Char￿V5OAP1FR5 1021 WW¢yL We conydered the extent vfcwn￿anc¢ ith tswl•ws •1 rqUL¥wsaswtd¢urw￿<d￿1P￿￿ the reLeLlfinJr¢lal Statements Ovrauditw¢cedwesirtlL#led.. We considEd th riskoffr1￿rIh0￿ ¢y4rrfdeandln we te4irqat manual ioumal entrie5 iftto(Kra￿ approKhthroWutthe finaro¥yt•. We 8Iw•cDnyderedlhE ri5 rffrauda5XXiatedwiththe preparth ofthtfiThwkial stateN￿￿a￿lItt respM5 tesied the 0￿d0S￿e$￿e￿eda631nsE r¥levart gjppjrtiry documert3uor r 8udS1 thd n¢¢ 1dtn￿fy any sl8rifrart n)att#S rel￿￿1 to Ihe ￿tert￿l￿ Of Ir￿￿arrI1e5 i￿udIng fraud How¥4tr. despite the autht beiry lènrtel conducted In cty&t)ce with Ilx) therE rernain5 an UDovtydable risk th mtsial mis5tements in the ffir￿al may not tye detettpdow1￿tts ifthty￿t luitaDMsofthe )udiL and by theirvuv Triir¢ onysuch in5tance50f fra￿1 or iffewlxltylikdy In¥the￿Ku￿On. forg￿. ￿ten110nd ffusrewtsentatpJn. A further description of OUT re5PXsibifrties for the a￿lt of ihe sta￿n￿o51¢£ated ¢)N the Finarrd Reportin8 CfjuttifswetrAtr atWwM.frC￿￿￿wthlW5reVn56t￿i1I1e￿ Tlis ￿Kn.0￿nIonn5 partofour Rwt oftht IrYependtht Auditors.

RRsrsirE UMITED vse0f0ur￿ . Thjs report is made g)tytotl ¢h¥ltle ¢¢ry•w'snwtr¥ asa auorf•xe Ch•pter 3 of Part 16 Corn￿n￿ A¢t 20C6. Oyr authit ￿￿rk has be￿ $0 th wht stste to chartt&le crynpaAVs members those mattets we are required th State to in an a￿￿Or5. report and for Trj other purp)se. To the luuest extart pemiittod by law. we do Mt x¢ept or asswne re5kxlnsR)il￿ to anyorvk other ￿ the tharstabje ¢ompafty and Ihp Melinda J &mwxJn ACAl5en1LY&*tsiory￿rfthrl forand on beh•Nol Halnes W•tts Statutory ￿dIt Town Wall House Balktrne Mill Colchest C03 3AD -i+

FlllSfsifE LNJIED CONSQLIDATEDsfAIEMENfoF FLYANCM ACTMnES IINCORPORAmN6 AN INCOMEAJID EXPV40JTUneACC4)uMn FOR THE YE￿ EPIDED 31MAROI 2Q3 2022 Total lund5 Tptal fur IPXOME AND ENDOWME14TS FII(YI O¢narionsand le8acls .787 L730.312 Charltsbleattl¥ldes Learning andeducatlon Artfstsc 779 WSS 35.7 36,2S2 444.271 49.684 Irwestment inco Other Incorne 22 659,631 23.172 .553 6YJA31 Toial 2421KI L91I.LV4 2W,560 R4isir fvfids 468￿71 326.436 Chatiiabl att¥¥kies L￿Ming edEtatityl Arttstyc Profjramme 49YJ 1.158 65.963 &354￿6 531,J)3 92,702 Total NEf INCOMEllfXPENDifuAEI Transkn btiwe•n fvnds {￿j80> 24 ￿￿31} {IL247) 144W 384,119 144W 384,119 RECONOLIAYION OFFU14DS Totsl funds bro¢Kht fornard Lo￿￿1 63L962 TOTAL FUND5 CARRIED F(IftW*AD LO16.￿1

FIRSTSITeuMIT£D CONSOiIDATeD B￿￿CEsH£tT 31 MAROI 2023 XED ASSETS fareible a55ets 93m4 58,958 79,400 14 Investment prowty 175M 175.0 347A74 aiRRÉMfASSETS Stock Debtors Cash at b￿k￿diD haryj 17 $1040 294,790 599.988 268,774 201394 516A14 946.818 AmOuntsf41ir8d￿￿￿ftor￿ff¥ 1264A34) 1209.0951 737.723 TOTALLn re5eTh 24 714.070 237.491 64,520 25L175 64.$2C+ TOTAL FUNDS 16A)81

FiftsfsiTE LIMIIED CONSOIiDATeD 8Ai•JICÉ SIIEEf"'Eon& .31.MARCH 2023 These"fw)anci% stateft%nts a¥ bee"n'prtp¥i ￿.3[cordI￿re iti¥ the w15tons•pp1Ka&e to tltarltabi+.tt%ri￿r￿eS .sobje¢t to.thesrnall ¢cffjpaNes.rone. ere 18ned on itsbeh¥fty.: .H Mi113fi1 Th$ notesforrm p3.rt"ofthesefirwKi¥ stenhts,

ARSTsrrE LIMITED 31 MAROI 1023 2022 FIXED ASSETS TanOble a55etS I￿lt￿e￿ets 77339 14 79.400 Irwe5tmpnts Investment PTOPWty i￿¢ 17S,C 16 175JY 293.3 Debtors Cath at bank and in hand 316272 290349 S80.678 87L627 kn￿uThtsf4I1Ift8 one 12172 1186,1741 METOJftAtNf ASSETS 225A 685,453 97&797 CAU>ITiThS A￿KjntsfalIIn8due after more th￿0￿ye 'I35.C￿l NEfA%ETS 5Jl.155 Y3,797 FUNDS Uorestriaed funds ftestricted fund5 Restrrcted funds. rauatkni rese 24 216 251,175 20 64l786 237.491 64.520 TOTAL FLVa¥)S The nrtesfomi Partoltrefir4￿•

F1￿51TE.uMITE) 31 m￿0 202>. The.Imanc.ial stateinenis'htyé bèefv prep￿ wth_ It rKtyig.oiB 1o..¢h¥.ik￿e. compary}s subje¢..t(the gM*lcgn.parltes"￿1.mt'_ l stateftients.wwe aPllI￿￿d. b￿lI￿.-8￿r￿ ofTr&stets..".and •it[￿rISed for i55ue.oN.:.. sI￿.d on is belialfby. OB

FIPSTSITE UMHED CONSOLIDATEO ￿mFlI)wsrAy￿ln FOR ThE YE￿ ENDED 31 MAR(H 2023 2022 Ch gerwated frL¥n operations 220.667 h (used lfij1provjd￿ byppw•lin84th1 Purchase oftsryI￿e asse 144.Dg11 Net tssh used in1rNesti￿ athities 144.0821 repmeThtslnv 5.wjl Net cath u%ed1nfmrrfin8¥ti￿IeS 15.1)fAII akpln <ash and tht rwwtm$perh7d rash ¢8sh eqywknrtsatthelmirni 171.$8S Cash and e9￿81the*nd olthe

ARSTsifE UMITEO NOTESTOThE CONSOUDATED CA91 FLtrAYSTATeMEP4T F0ft7ME YEAR ENDEO 31 m￿£￿ 2023 2022 Net (exyendllurelhK￿f0r Ihe yryoitryptrl￿ tss wth¢Statshwt 38Qi Adlu5trMnts fv)r Depreda￿on th Intere# re¢ved De¢reaseIfi￿le8$el ihdebltys In¢rwelltI￿re4￿) im tTerfrtors Deuea5eAincreo5el in A¢x 20,751 191 I133.1￿) 1514931 19.513 pi 261116 Nagsh{used knVwo¥ldedby•prth 231 220,667 ANALYSS OFOIAN6ES W IIET FUNDS 1.4.72 tshliow At 31321 Net ¢ash Cash * b•kaxllD h•d Debt DebtsfallI￿ duèwthln l y Debtsfallir¥ dueafter l y 2SwvJI T•tsl {388,$941 166.394

RSTSThE LN NOTESToThe CONSOUDATED FIN•Aa￿srATEM￿ITS FOR ThE YEAR ENDED31 MAAQI 2013 Bas15 ofprepafflithe fih•rtknIstst•￿Qnts The financial statem￿t5 of tre chariiatle youp. whkh Is a benefft enllty under FRS 101 been prePa￿d in accordance wth the Charfties SORP IFRS 1021 k¢ounbry¢ by Chariti&'. Staterntni of Rerommemded P￿110 ￿l(ablet￿tharr￿ preparirr t￿lT xcourts in ￿ls1r￿e the Fitha￿L￿ Reporti Star#lard aoltable in the VK ar1 ftepLknJ￿ of (FPS 1021 Itffttiive l jar￿￿ 20191,. Firnclal Rewrt178 Standard 102 The Fifftaria 8eFfflir8 &and¥d •￿tat￿e RépJbf C+f Ireland. and the Cthmpanles ACE 20￿. The fin￿ri Mat•ments bew wewed the listord cosrcorNtiition. with the exception Thefinancial sr•trments wepreprnl in st•1￿% tKh t5thtlLTKti￿ rurr•xy(a P41onet•yamwnts Int￿ fina￿131 statty#entsa￿ r¢y¥idedto the r￿¥￿L (haiiry kn1(￿rnatIon firstslte L¥nited 15 a private ¢¢vnp¥w Inlted by 8U¥rtee E￿d and Wale& ThÈ rtyiMtred offi￿ is HithStreeL C4khexw. ts$￿ Coi UH. ￿￿Matt5 In the ap￿￿8￿0￿ Dfthe youp's atcowitiw p)l¢ctlTruees are wJ¥ed tD make1￿eMen￿ estiryths and a55vmpti¢Jn5 •t•wt the £arrwr8 rnnt of osss and liabibtle5 that are rx teadfy ipparent from othw sour coThsidwedtts ￿ rdEvam. AciLBI re5thMaythfftrfrDrnt￿￿ estinat The estimates aTrJ wnwtions are an ba9$. to accoumir¥ tstimatÈs a￿ fWlYsed in Ihe peri¢￿ in ¥kAth the estimaie is I￿sed where the rtsron affectsonty that in the period dihtrt¥iwc• andthJbj¥EP￿od$T•heTEtheleIl￿onaff￿tsl￿OWrtrrt>￿I fut4¥t ptrl Income is recoBNsed tsle8al￿ entidedto itafter •w perform￿ (ondO(ms hwe been me¢ the amoufttscafi be n•swed refiabty itlsproWethl￿0rnt1￿ trec•ved. Qsh donatw ￿ receenised ¢Jrt recpL otr•iknati￿53re retOV¥sed tmthewup has been rthhedof the d0th￿t0￿ perftyrn￿ (w<S1i￿ rwmre ddery31 of the •MUAL tecoverabk in relation to don#ti0Tr5 rerei¥Ed uThJerGth lidordeedsof c¢wen4ffjis tvneofthe donJbryL The 8n)up Occul￿e5 a council fvnded builthr¥ithln C¢lthster fty a pepp￿corD ￿nt li been pos51ble t ascertain an ￿(￿rate Awet rte lor in the firwrwl st•rwwts to the sp¥latsst nature rf thé buil&ingprthtlded whEh thyvJrs wify th3ryantsBNel lot￿￿1￿m￿st be used infYbj￿ r¥wrtlr¥ perio￿. whEn thmr5 impo5eto￿ffj￿tsWhkh I￿e to beluifiipd ￿OrethE￿oUp becomesentstledtouseswh irKCAn4 In¢¢)me i5deferyed npt [r￿ed io r¢soul￿ Lqwl the prttonL5tiwha¥e b r￿e1Vable.

FMStsirE UMIIED NOYESTO THÉ C(X150UDATED FwIANI￿L￿A7EmeITS.CtytInUed FOR ThE YEAR ENDED 31 flAROI 2023 Exp¢DditWe ExpentSlure is XCCWAted fov ¢)n lJ5 •nd has betr d￿Iled wdef that awepts all tost Telated iothecate¥wy. Where the casts of tharitat4e xti¥ities (aDr￿t be direclty atlrSbLrted th a charrth acty￿ty th•f ae all(¢ated proportionalty ￿Th¥een the arith prqrarw 69%1202L. 74%}3nd lean¥￿ ¢thKI￿n3l%(2022. 26%). Tanolblèfrfftd assets Oepreciton is wo¥ided #tsfollowiry r•es thryderto￿it• off exhassrt¢Mrft5 ¢>twrbited usefvl li Pl•rt. equymert& Frf(fftsand fittin Office IT Galleryeqthpment& IT 33% oncost 25%on u>st Impairmentotfued assets At e&h rewdrg end dat4 tt the ¢ryir4 •noutst of its tar4ib and ossets to deterrni￿ whether there is inth¢akn that th05t assets have 5ufferett an ryairrwt rf any SLKh indiothn È%i5ty the rectrdetsbk anYJ4rt OF asset 15 estinated in to Ilètemine the eltert of the lffy•rmerf10ss ILI Heritssta55ets Hefts8e assets corNrt of drnoted arL These a5ts¥YMt dep￿￿1￿ as th• tRlu• Is ￿t￿￿51dered to rlimlnish. The heriwe as5s h￿e been Val￿d Indepthdert ttslutr lor Ir￿ran￿ purposes a hKluded atthdriwrwv31 In¥e5tment prowrty is irfitiaty rec(wed a rrt Irf1￿ the tost ary thretty a￿1b￿b penditure SubsequeNiy 6t is ffasured * lar vall * the dx The defic revaluation ss rKwy5ed in the 9JF Stock 15 5tsted at the IowEf ol COA and e5tirnated seHirw prKe kn ￿$ts to (thm￿ett sdl. Cost cwnprises direct ma￿rIalS an4 kn applic3t44 dsrett roA5 Ihose orheads that hwe Incurred brtrY5n6the￿1$toth￿ wewt lrfationandc¢nrfrtbyk Twllon fir5fyte is an exempt the Clitits kt 2011 •1 as is • th¥ty within tr meaningof Part IL Tax kt2010. k(ydW. Fi￿lte is partigty Irom taxation In rttpettof ificfyne or ¢•pital Kains re¢•¥ed b￿bill the catwrie5 ty Pari li Corptyation Tax £t 2010 or ￿tIOn 256 of the Taxaiion ot (haryeabtè G3iDs kt 1992 to the extent that Arth irKome are apptsed e￿I￿s￿elY to its tharttatle pwpose5. Firstsit¢ rertived rLO sknlar e￿pIlDTh in resFrt Df Vakne Adde¢ Ta￿ F(rstssie is a exempt OT8salon forVATpwpLwand consequerth inwttsxubits purc10￿ ¥enot lully rttover•We.

FIRSTStrE LIMIIED FORIHE YE#RENDED 31MARQI Z023 Fuhdttouffikng Unrewi¢ted fvNd5can be obirtty¥esatthe dmtlon Oft￿tri1$t¢É$. P￿￿ted funds can or4y be used for pBrtic￿r rntri£ied pryses wltNn the obleas ofihe Brou￿ ResDithon5 arfse wheTh$￿ir￿ tythethMroTWhenfW￿ are radftypafbcul¥feJtrKted wr￿￿. Further eniDn olthe )d purt¢ofexhfrmd i51r￿lI￿￿ inthe Th)teSttst￿￿Th•r￿k1 statefflent& Pethslon and otheTportrf8tlrwent benefits The Charfta￿e Broup owates a defined ¢ortilb￿0n pertth payable to ￿ tharital4e lrwp's pefisioh arechirged rothesta￿￿}t0f irtthe perfod towhKhty rel•t& At the Ifme of ¥prTrlng thè financtal oat•rnts. the TrEttthes h￿8 reasonatle e￿tat￿an that tht wp hs •deqwte rtg)urtt5tO COAti￿e in opwatloml ￿5￿cef￿1hef￿ste4￿$e futwe. iheTru5tee5contTnue to adOpttheg(4￿(or￿effl bays of ￿£￿￿tIr¥in pres￿￿11 Ihwndalststan FlrtanElal Instrnrn The group has elected to the of Secw Ii'Ba4c ￿￿K•a1 I1&r￿nentS and Sttiion U'other FtnarKRt lrniiim•its' •fFRS102to alof ltsfinaxia ir&trwi> 'Fir•rKial assets ¢%ryise cash * b•nk han4 tO8ttlT vth tr•dv •d 4xh¥ detrknr& A wlfr wo￿&>￿05 madef¢xd¢l)tsforwthkh￿m￿3lai￿[$In (kxrt Cash ￿ bafik afid in h￿d is defined as al cad) held IA Kcek bank and used a5 workinE capital. 1nvestsnen￿ In 9Jbgthary wdortakiw are at f•rVI￿ * tre baaKe sheet d3t& wth 8alns FIna￿lI1 lthlltiès tr￿ld at anDnlsed tost emyise 41 (rojitors exe& Sotia setwlty d othw we4 deferred inrome and prowsb Emplo¥ee beneffts The £0# of #rry ￿￿$¢d hdid•y ertilem>ff ts rec(fThsed ￿ tl p¥￿d wPach Se￿¢$ are reteNed. Terrninw benefits we knmethat ￿ an TAthen the group ts d•y￿AStr￿)[V ¢wwnitted to tf rn¥nètethe eMp￿fflent LYEO W￿dete￿nin￿In b• Opwthileases Rentsb pakl ￿der operaun8 kne5 ¥e chty to profit ty h)ss w a watht Ine ¢yM wic4 of the lease. The consdidat•J finarrial stater￿￿ Incorwate the s¢tyYnts of the Chafftabie COM￿￿1 and Its subsidlary. As a (on%￿3￿ Stat￿nt Otfirw￿ol xtf4ity 15 è separ¥te statgment of flnaKbal for the w•t¢LYnp¥ty ¢ tymitted hrm tt* YtyjpfiTh￿al QAemthts ty 4wtue Of$e￿ 4(Q of the Compai¥es Act2 -2+

FIAsfsiTE UMrrED NOYESTOTHECOISOLIDATED FWINOALsYAIEMENTS-£om￿ FORMYEAR EN0£0 31 MAROI 2015 DONATIONSAND LEGAaES 2022 tsjnations Grants 79273 LO26514 74,823 L655.489 LIOS.787 Grants ￿l￿ed. ithed inthEibyK. Ire 2022 Artscowol EffjlrKI.rn re￿JE￿￿ Essèx countyCounol.CDre￿enUe£￿nI Coldster Borough C￿lI.c￿ere￿ue￿￿ L458.489 I￿.[ 97.1)00 L026S 1655.489 zo22 ftentsl Dep￿t xcountiroerest 23,163 23.172 2022 Le3rtNng and ethK*ipn rtisdc kY(erarne 36.252 444.271 4aO.523 AAISINGFiY4DS 2022 Stsff costs Dilecttrad￿l(0sl$ 15M2 25,253 183 326.436

FIRSTSITELWAITED FOR ThE YEAR ENDE031 m￿(112023 LearnknzaNI Stsff coAs pport¢ostslse¢ft¢te7) 155,UZ 430.770 62$￿2 6ffj994 ¥3X616 L956.6 Supportrosts Govern•cecLWS 269￿6 S99, 35 5¥999 2022 leaTnlrf Totsl Totrl Wa8e5 SLial seturity Persi0ft5 Utilities Insuran 217A63 31U63 28205 90 429,192 35,918 22,277 146.216 3>,832 Sl959 17.011 15.97S 140.650 5&384 so.i L697 20.753 8.624 7J28 13268 52 25￿ Officec¢>sts Reuuitment •th4tr•nS BuIldI￿Co$ts Comput¥ andtelecc licence5w￿ ad debts Deprec13ts0n of£a￿b[e artdheriwe ￿Sets Auditors, remurttyion-gryern•Ke COUnt￿tylet5-g0VThnc2 Leg4 and proft55iofi4 fte5-8ry4n Board andt¢)mrrottee tspense5-Bo%W￿Ye ankcthar8es-8o¥ern g.789 47J20 2S4 757 14362 7.628 13,&57 28576 635J59 I054664

NOTESTQIHE CONSOLrf)ATED FINANWLSTAIEMEIITS.wrtiK FOR THE YEAR ENDED al MARCH 2023 2022 Jth1o￿'refflunertIort Acrountanryfees 8.624 6315 20.753 ofihe TrwteeslLYmpwSor&cMne¢ted￿￿htrOTr1fK￿￿vS •ry Tem￿￿1￿￿￿￿1￿theVW. T￿￿tee5. e¥engVa Ftyjr ott￿tr￿￿¢S of£L571 1wtswell￿eW4erfjes{202?: ￿)￿e￿AmbUrSed £1991. Wa8e5 and salarie5 $￿1￿37 74.th5 32J50 84I907 Other peThgon coys 34,308 94¥561 2022 Directys Ger*ra 51 2022 £60,￿l-£7￿c £70AY)i. thJ.r -27-

FOR THE YEAR ENDED 31 MM0121123 Totsl Jods fur fvnd5 IPICOMEAND ENDowpwifs FR(IM I730.n2 L730.312 (hartible a(b¥itse5 Leornln8andeducoVon Pro¢ramrne U814 417.213 36,252 444,271 27.OS8 %sirnent inujn 21172 &KS53 23,172 Totsl 2393.533 44L027 1834.S60 EXPENDMJAÉ 011 Ralsng funds 326.436 326,436 Learnin8and edwatitin Arbslc fvQY￿ffle 415383 L357,788 11%320 234.914 531303 LS91702 Totsi IlaL207 350.234 50,441 NET INCth 293,326 90,793 384.119 RECONauATION OFFVP4DS Total furml5br￿htf0Iward 420.744 21L218 631962 TOTAL FUNDSUftAIED FORWAID n4.070 oil I016,081 PROFtTIILWI OF PARENTCOWANY As pemiitted tySectieffj408 Olthecomp￿Ies I￿2rxfj. the and Ic6501the p¥ertt¢thiipany Is ts)t presented aspanofthe5elbDara Thewentcompw'sdeficit was £41L64212021. &wplus £355.4731.

FIRSTSITELIMITED FOA nie YEOA ENDED 31MNAOI 2(1 TAIIIIBIE RXEDASSETS Graup Galery equipment eqLprnerrt Totals At l Apri12022 Addino 41LS11 LOJ9,553 365 At31 M¥th 2023 Z17212 417240 At 2022 thargeforve 960.595 U241 At 31 Mth 2023 39L675 NETBOOKVAWE At 31 M4rth 2023 48MI 93m4 At 31 Marth 2022 23,223 3L679 thar PknL Gavery ew4)ment &ir fftti Tot*s At l April 2022 Additions 116311 41LS11 989A72 6154S At 31 March 2023 186311 417240 L05LIU7 OEPREaAm At l April 2022 950ffi28 31 2023 JJ 3¥127 973.778 NEfoooKVALUE 31 Ptsch 2023 77239 At 31 M￿ch 2022 3.109 3L679

FIAST51fE iIMIYED NOTE5TO IHE CONSOUDATED FIN￿l0ALSTA7Emvl[s.trtI￿¢d FOR ThE YE￿ ENDED 31 MAAOI 202J HERIf￿A$I$ Total MARKETVALUE At l A￿fI 2022 a¢)dJl Maffh 2023 NET8OOKVPIL At 31 March 2023 79AIO At 31 M¥ch 2022 79.400 The herswp assets c(mprlseof¥ariousdonated arMrb&Thèf¥value Of￿ herltaie assets hasbten ¥rfved at the ba%s of a valualM carrfed 24 Juty X118 by Pttmèn Lirnite¢ are nc¢ cTrin￿d to the group. The valuaron wa5 made kn ins¥w pur[#￿￿$. The Board ofTnAees conshler th the mar$ of the herst4ea55ets Lsfi0tmateriallyd￿wtmt￿th￿ #¥tedab7de. Cha Share5 in MRKETVAL At l April 2022 31 t¥l•rth2023 NEfaooKvALUE At 31 M¥ch 2023 At 31 Mth2022 Thereweré no Wment asSets￿rtShjTrltr￿ VL Thè d￿rty$1t¢￿eS￿￿￿ts3tthelyal￿￿ sheet dthInthe￿ca•Of(￿yrtp￿esl￿ly￿ethE follo4r: rirntsiteEnierprw Limrltd Nature olF•JsiJ)eM'. TraffjrtKwmof ¢h¥ity Class of sh*es". Ordin￿Y holth

FIRSTsire UMIrnI NOTES7OTHE cONsOL￿1ATED F114ANaNisrAIEMENfs.(wth FOR THEYÈAR ENDED 31 MAROI 2023 Grnupand F￿Rv At l AprS12022 aft¢ 31 Marth 2023 NEYBOOKVAL At 31 March 2023 At31 Marth2022 175.0 IAvethert propertyccqnfv5 the of IS (kn Stree¢ Cok15ter the yur 2W. iknyds Bank PLC have areOstsredcP4r¥e o•erthewwty. The fair value of tl wotvty has beeft arrI￿d at on ￿ b39$ of a ¥¥uation CaTfd out on 11 February 2020 ￿ Morley Rkhes & At4ewhite CW¥eil ￿r¥em, twho are not ￿r￿Cted ¥￿th the 8roup. T valuation was mode on an opth rnaTket Va￿ l)asis refere￿e lo rnarkei eMilt￿t of transxtion wlces fot similar mrtie5. The 8oard ￿Tr￿tee5C￿ls￿erthètt1fflar1￿ vJeof tt mawially <lffwtnt to that staled èbtr4t. 17. Gm st￿￿ st￿k 8¥ •jcafést￿k 37.426 7061 Char 2022 Trade deblNS ounts duE fr(m Other debtys PrePay￿￿ts and accruedkK 149 8.024 252.9E ,Goi 2L281 9.115 268.774 3161n 290.949

FIRSTSITE LIMITED NOTESTOThE CONSOUDATEO FIPIANOALsfAIEMEIITS.amtlnued FORIHeYEP2 ENDED 31MARai 2023 Ch•rrty 2022 2022 Bank loans (see 211 Tradecred4tors Other trxes8r￿ s￿131 sE(wity Othercreditws kuuèlsa￿ delwrediw iO.OOD lQQ913 16.n6 57.173 92 18.OS6 6.643 110,855 643 117.223 119.411 209.095 217298 18&174 Ch•r 8oftklo￿s1seEnrte 211 35.WO IL LOANS analisofthe bw. ourtts falli￿d￿e Oank loans- 1-2years 10.0 B•nklo•ns. 2-5years The loan was taken out in 5eoemb¥ 2020 ts a kn of 72 to rnwte the irnwt of the coronaviru5 paThlerbNc R will be repa￿ i* equal Ènstalments rf £833 anwih at )Ihed in¢weA rateof l5%.The amountts rK seruredow ary cltre Br(rty'sa5se

NOTESTOTHE CON5IIDATfD FINA140ALSTATWBITS.¢tythd FOR TrIE YEAH fNOED 31 MA01202J LEA￿￿6 AGREE•￿T5 Minlmthm lease poThentsurlu 4ses [ ofdhx" Ch3thy 2022 2022 Withln ofie L639 L640 U64 3279 2022 Total fvr¥Js Lknrtstricttd Rest￿￿ nds fuf 93M4 175.( 228.919 1213,234) 790 74 175WJ $160 1264.4341 13B.358 175.CQO 946.818 12(0.09SI 35.¢￿)} ¥estrnents Current assets Current ITabIl￿e5 term tsNIMtes 3￿695 Cbaity 2D22 fwds fuThls Flxed assets In¥ethent5 Current assets Current rnbill￿e5 mi fla￿lh[e$ 3J9 I75.￿0 118.Z44 175.100 871.627 12172881 1186,1741 (W 135.C4)01 943.797

FJRSTsifE iWbllTeD NOTESTO ThE c￿lSOlIDATED FINP•4CIAtSrATEI￿IITs.tThrt1wQd FOR THEYEAR EIIDE) 3XMAROI 2023 fvIOVEWNT IN FUNDS Group Net At 31.323 At L4.21 in fithds UnrestrtedfuThJs Geotral lurha O•wgnated. Mus￿Of￿ve0r n4m 7.631 61.128 6LJ28 PV311 Restrknedftmds rkknd CollectorsGTWP. Tate. Orcuit RefLyeActlon Restawarrt The 8rili5hrss ykniert Royal Opera House Coode.Adamslirst4Trwi YoLrth Music Percil Bilton Charlty NewGeograth¢s.Wyslr Garfteld Weston Lightyn Counul CollÈxtlts) Holiday Fun 8IKk E55e Art Fund NHS cO￿d Prciect Art Fund & BBCcanrrnSs￿ HDliday Fund 21 Thefj￿8t &gArt Ethit4ti Cuiwre Recovery Fund Icapknti Arttund Re¥*wl & RÉim4in 447 437 L912 9.472 8.132 soo (8.1511 IJ7A761 lJ8.1631 20A93 6.969 30.WJO .LYJO 7.458 5214 123377) 12631 {￿$$) 61241 Kew Gardens. GruWV￿1d . U8htsts8 ProiectlSCAI 8htin8 ProiectlACEI Art Fund. Aem4irke. Hdidry F 3921 (7J921 45.(1)O TOTAL FLf40S 44L62

FIRSTsifE LNITED FOR THE £NOE0 31 MAR(H 2023 t•lOvEh￿￿T IN Fufa)5.tanknued N•tmtyem¢rt in fvr￿slOl the8rU￿ ￿the •lw are Unre5trkted fuNIs Generalfv KZ54J80) 14503801 R•stridedlufvYs Collector561￿9- Artists5￿p￿t Art5 Qjunul CO1￿￿￿1n Holiday Fun The Great ￿8Art Exhi￿th￿ Culture ft￿ery Fund ICapal ArthJnd Dr4it31 ResFond &R•mne Kewfjardens- Growwild LIEhtsngProi￿tlACE1 Art Fund. Reimw. F 7*14 7561 139ml IL1421 1100821 PJJ77) (2651 {lJ551 P631 15731 92) {18) PJ921 45XQO {170J211 TOTAL F￿D$ 24.7ml 144W7)

NOTESTOIHE CONSOUDATED FIPIANCIALsfATEME147S.E•rt FOR IH£ YEAR ENDED JI MAROI 2025 At 1.422 in funds 31.3.23 Unvesttt¢ted fthwts Genal furk4 Designated. Museum dtrVe* ML706 IWJ9¥ 186W) 6L128 ISS331 L716 {4th)3951 124J311 216A60 Rostrieted fvrds Artw¢rkfvDd CollectusGnxw.Arbst5&wxt Tare- Grcuit m5 437 IL1421 437 Yhe Èn"tL%hness Projert Aoyal Okwa N¢xst Coode-Adam5 KrstsiteTrtst ¥￿th ML PeTcII Bihon Th•fty NewGtQeT3pP4es- fjaffjield Weston bÈhtiffd YN72 U2 (B.￿ 31A44 IW821 ia3rn {17A76) IU163) IOA93 6.969

xo)o Holiday FUTh Essex 5214 PJH5 Co¥id Fyoiect Art Fund & 8BCComrn155h)N Hollday Fund Eastw 21 TheGreat &gArt LYNbi￿n Cutture RecoveryFufid ICaWI ATtfund Re4)ond & Reime Other Kv GaTderks- Grow Lghtlr* ProjettisrJ) Lights￿ ProitctlA￿ I •trf FurNJ- Reimy- Mdlday Fun pn} IL3551 1,817 62J41 6.768 P392} 173YII 24 TOTAL FW4DS 941.797 141&6421 531155

FOR THE Yem ENDED 31 MARQI 1023 MONEKIITIN FLW4DS.¢ontinuthl Netmthii*ntin fortheckrity. I￿u￿dintheabo1P. ae a5f￿￿tt. Re￿￿0S Movement retyj￿5 In Unrestrfcted fur#ls General &B241(O IZ254tsW WOA80) C&leCttysGrwp.Anlg3S￿Wt Arts Counol Cdlection HolidayFun TheGreat &gArt ExhikntKM cultu￿ Re¢ovtYy Fund (CaF￿) Artlund Owit4 fte$r￿ & Rdrnaein KewGardens. fjrow Wild LightfrvdPrOl￿IfACEI Art Fund. Hdltky F 7￿14 7%1 I39￿>2? 11.142) IU>.8B2) 123.377) 1263) {&355 11¥818) {2631 VJ921 45.WO 11247) TOTALFLY4DS L985￿74 Z4.70JI I441￿17) -37-

SIRSfyTE UMnED NOTESTO THE CiW4SOUDATÉD FINA14CIALsfATEMBnS.cortlNd FOR THE YEAR £NDeD31 MNRai 2023 1 L421 In fvr¥ts 31.3.22 Gertral IWKI 744 293326 n4.070 ReStrtct¢dI￿ Collecttys Grthw.NrtIstsSupp Tate- fjtcutt AefLyeA£tion Reswr The 8rfti5hw5 Prolect Royal Opera House C4>Dde-Adarns Flrsr4teTrust Youth Music Percil Bllton Charrty NewGeo8raphies. Garfield Weston Li8htiNd Arts Cotsncilcollertk HolidayFun 81ack Essex Art Fond NHS Co¥id Proje¢t Art Fund & ÈOC HolKlay F￿)0 Eathr 21 ThtGreat8i8Art Exlblbon Cukwe Recovery Fund (Camai Artfund tliiita Re5PLid & R￿n?￿nÈ OtheT 24033 437 912 9,4n 14,2181 437 1,912 9,472 16131 8,132 18.1511 31.444 I￿,639) S,214 20.493 6,969 112501 I￿.983) 14421 U289 11.893 117.2471 14.4351 19.327 61241 7.458 62,241 86 3,588 1593 si 211218 .793 3QOii TOTAL Fl￿05 SL962 384.1 L016ml

FIRsYsifEUMniD FOR ￿YEAR ENDED 31 MNlOt2023 Cofflparve rtmwMrtinfvJbbAfty I￿luded1ntheabw area5fokn Irrtsrtir Ruources Miwement in fund$ UhrtStsictedfi•ds General f¥nd 2J93533 Ill¢￿07) 293.326 Collertty5 GrThw.ArtisrsSwr#xt Roy4 Qwa House Youth GartldweSk￿ kn8hiit Arts CoLtrK*I Colleth Holiday Fua 81ackÉs5ex Holiday Fund £aster 21 TheGreat 8lgArt EXhI￿on Cukwe ft￿ty Fufid Icaptal Artfvnd Diw Respond & RwaAtnt Arnper5and 1K1¢h￿l Other 110))871 1341 13.6231 18,2501 1169.6561 1959021 12,7961 14.4351 124,7731 12.7591 112.9141 120.0￿) 14.2181 1341 16231 13,25Ql 17QCO) IOLSS8 5,656 12,7961 144351 19.327 62,241 18.586 44.1 31.5(K) 151 44L027 350J34 90.793 TOTAL FlnlDS 1834360 (2.450.441) 38LIIg

FIRSTSITe LN17EO FOR TMEYEAR ENDED 31 MAROI 2023 24. Charfty N At 313.22 At 14.21 in funds Unrejknrted Genvallurrtl 377.lQ6 164.6 64L786 ￿e$￿￿e&fun workfund rA)Ilerturs Gr•Jp.AfDSts&Jpp¢rt Tate- Grtutt RefuieeArlton Reawant The 8rftishneM Projert Royal Owo Tr10115e Coode-Adams FstytsTN5t Youth Mus Pertil 84totJtharity IlewGeographies. Wy5¥ Garfield Weon Ughti CourKil CdlÈcri oliday Fun 8l&kEwx Art Fund NHS Cowd Projed rt Fund& BBC Comftwwj FlolKl3y Fund Éaster 21 The Great Bi8kn Exl¥Lition Cultufe Fund ICa&wtal fund Dffjital Rewnd & R•m•ne Other 14.218) 437 437 1.912 9.472 1,060 9A72 &755 16231 .132 13.2501 31,444 110,6391 5,?.14 20.493 I￿903} 14421 23289 12.7961 30.￿ 11.$93 117.2471 14,4351 19.327 61241 1&586 7.458 61241 93 21L2J8 .793 TOTAL11Tr4DS SW324 355.473 943,797

ARSTsifE LIMITED FOftTrEYEW¢ ENDED 31 MARCH 2023 OVEMENf v4 FUNDS.tithu Comp¥ati¥ert mry4wnentoAf￿I5 ftytheth. IrtlL￿1th ¥Èasfokns Inccfflsw Re5wfces Mtr4emert feyxirce5 ewnded in f￿￿5 Unre5tflrttd funts Genwal lund iOU.925 I1.75￿145> Restvirt¢dlw ColletttysGroup-AJ1fsts&¥wt Royal Opera House You¢h Musk GarfldWe5ton Lt8hlbf Arts Coun¢il Coif¥tion Holiday Fun alack E$5ex Aoliday Fund Easter 21 The freatBigArt Exhb'trAg¢)n Culture Rttovery Fund ICapft¥i ArtfvAd D(gitsl Rewd & Rtym Arnpersaftd Kithatl ian¢ty 142181 1341 16231 A2501 1341 13,6231 13.2501 1169.6561 I95.￿2) 117961 14,4351 1247731 117591 IIL9141 I7￿0￿) JOlS58 5.656 P.796) 14A351 19.327 62.241 44.1 31XYJ (51 44L027 1350.2341 YOTAL FIRID5 455J52 IIIW.4791 355.473 The 8ro¥p operate5 a definal comrltrxth pershjn schemefDf 31 qL4ll>Yr emplryees.ThE a55ets of tt sth• are heldsep¥atEtyfrom thtsseof the ￿0￿P In￿l￿depa7￿erltyar￿l￿$ieredI￿rrf1. The charge to the stètemert ot fthi¥ W rn resp￿1 d defined cwttfibLrtiOA was £3IISO12022.. 41-

FOR T•IE YEPJe PIIED 31AIAIOI iIRI 7he investm￿t wugety. 15 wa5 pwrha5ed with the of a 8rarL The temis of tkis want 5tsfe that In ihe event of a s the 8fOUP ID rEpty the thelr share ot proceEd% Should thè prnpeFtybesofvJ frK¢tsomrtftttt)ok¥¥u&the8rwlm￿ be reqwtdtorepty£lW,O(YJ. 27. the cwrefit finan(t yw. (h¥lty used resowcesol 8rt¢it W LIP lof le8al adwc& One ol the Twstees is a In the entlty. Tronsxtrms were wt ctyjwse of bu￿ne￿ on tem)s. Totsl lees •ThouhtedtoW39 vw. 2Q2 PJTRlaED FUP ArtwothFuDd Th15reles to wthsof•t &)n•tedtotrWb¥y, heJ a51rl•geasgw/ Colledovsthip Art¢l￿pport F￿ndS tai5ed ￿ the CdlErr¢rf tknip tkvuh M•￿b¥ fEe5 ertThts ty be used to supyt a vith thtCde¢ttys Grw b￿5￿ aW¥d$￿t0￿1rt￿II￿tttO f#yieexhW)n fiththi9r8prokcts. Workine with Rekn Conwnur¥ty. to ende pb¥le to MIK devdopir< tr¥6kntle skn1l5&3th1￿yWqUarIf￿¥1knrt SupFortir¥ L￿r￿n8 & Ed￿at￿)n thbes wtyir¥ peorle Kr0$5 Essex in a V￿ety of ¢dU￿10ft31 setun85 to produce 3 Set of wrrt5 i￿h •jth￿ed arKS ueated people frorn Trabo￿ cdledior6 £fveahiElw(41e plathym foryow¥peoF4è.siiitrntst￿0fÈlI￿shVaIues BrbtlslThs Coode-Adams FkSts￿e7NS1XettI1 ￿(￿nN5s￿reDI￿1tith¥tsforS?kes lnthes￿l￿

FIASISTrÉ LAIITED RESYRICfED FUNDS.rothed Youth To expand peo's In4￿￿1 undef5t￿r& expressth sb]IL% in£lww imprtyiwim ewlrnu￿on, listenirE CC￿p￿lioTr perf￿rn￿ce and iecknica sklls in thÈ OF techno￿ )fwe. The pro1￿ gJppJts In ￿. and cdkt¢)ratirq WIt￿ a ran8e of ots Commu 8ioups and de¥elop their eIrKxK￿ and PYrl¥¢at ¢awknlitlE5 partttdafy confill￿e. empathy, self. NewGeoy•hl¥ryWsFingkn The East Contemkvary Visual kn 14w)wk IECVANI New fjecyathes In M 3)1& a tlyewear partnEr5hlp cw1¥5thins in the EaA of £CVJ4 asked fWFAe to ncwinète trrfooked or uneypected places in the reAion th lh fiThJ wrterertiry to them. The eX￿tqrx)n that was produced in cdlabLYthn wlh S￿n puls￿ lokf￿usSed the pewLTrCn ¥hdwnwn in E55 fho ￿Tre br¥ded a$wtCh￿ Yhi5 kyqect conlinues trwrttmsdewd ty•11￿ to th? defkit15 to dls ddayanotimlngéilference5. afurthtr fuThJir¢ paWn￿rIS due la￿ in 2023. Nrsisite was awarded part fth)thg to SUPFffl a sY¢er•w tthln the are05 L the Iwlrfiry. I￿se fvThJs are due to belrtaised in 2023. The fina year of 8 three-year lunded Pr￿T￿Me by kn CourKiI Er41%1's N•tlw•l ContemptyaryArt CollectiLW. The prograrrme ¢onststs of that are oHuratrd ty CtynMi￿ty Ergups ir Col¢hester. whlch explortstheit expwierfes of lffe in ￿ Uiied be r( cufrwal. sodal or rditKaL ItexplL¥es and￿lenge$ dety hdd pureptions identtty thveryty. EthibltiOnS I￿1￿le wothxed in wtnttthlp commurfty 8rwp5 drth4n8 the extew C￿e[IV)n OF CQn¢empyary art held by Arts CourKII Enaland. In adthtyo￿ WxkE$5ex FuTrts NIISCOVID Projed pxt fiMKI woiE¢t os a part d the mJt¢hed fuftdinÈ wulrementfrtyn iht fur4ftr. Ha￿daYun This Provam￿ Is ¢wento all f8rnHw Ixrt espeaaltyth0sethtrx¢es¥sL￿pfytW￿lthfr xmol meal The proiect con&sts of a ￿tee￿O￿enr8a seleCrW￿ of knt fwd. at ti¥ities. ery4ement ¥bvtttes ruTh by tranod coaches during the holfjday5. l>Jrin¢ the par the woiert has been funded by Usex Corrmuruty Black Essex Furmled by Trleritage the Ew ¢th￿ill0ft rewnts • ppsitivt ￿till￿ of'bkk artlsts. workin8 ryese￿e ¥n the Raisirq the wofile rjtheir arti￿￿ InVentp￿ Use ol a￿Suall3r￿Utyt reHe¢tsr¢ the artists t￿￿¢t5 of Ihirq atyj wortiry in a Xkty in wF•ch a ppr50n wih black swn ss often cuwdered Art Fund A small project y￿r to supwrt a eallalJratr4e woie¢t ￿)$$ Art Cour¢1 Eryla1￿$ National Pather5

HR5Tyre uMnEO FOR ThEYEAR EN￿O31M￿l01aOIl PIHS Covid Prnitrt.ArtfprL¥e recordedthe COW￿19 ewerte5 of k£ywtyk¥& The proRrt startedh a >nWe 4uestion:'TeM LLS about vwr ewrierfe d the pathnirf. pnist-tej workthops ￿ parriapatir ey workers $upptyred by an NHS art p￿hother¥Pls￿ wll form cortext of the eyhknitiun and WHI Indude lOa￿tt IT￿ the ctyJr￿l CdleLtion. Tho GteatArteththh10D Funded ￿ Arts cou￿1 Crae(M frnsite ccezted a lot1￿￿ art The are treed ty maDbéTS of the pubvc b35ed JouTrd The tequknd dwdDpmert of Ouf webte to enatAe thous•nds of to be Artfurnl. thltureln lknTrrtlnt A proje¢E to support Arr Fund and the BBC in the R&D pEr￿d tow¥d5 3 'Cthre in C￿r•￿nt. 1•rn1mark Wt tt)rNn155ksn. Firstslte w35 Part of a wolett tw ah)rfyde In Art aNJ SK Prowide aTrJ Insi8hL The Pfolect will continue Fw5t￿ wti cdaborate on a w05pect fj5t of artis14 manage the rekti￿hiP with the arbas SUPWrt ￿ de￿1￿ iriti41 ideastt>prtforwdiothewDpatrn. FuTrJin¥ frorn Ampersand ￿ sUPPNt the Larv Wektyne to Es5e ttot expltres the tsrban myth4 reC￿ed￿ls￿ornS a￿￿ È4atant steffeOtw)es alwt thecountyof Ns birth. Essex. Lanstyhas woducedaserie5 ol ambi(iou5 new£omnNSsr￿S b4sed on of É$￿ and Ffjsfascination Iwth the county¥ contemporary poru3yl tn popular ￿ll￿e. Welm to E$5tt past aThl uThledylr¥ hcw rrpJdem4ay Éssex ha5 ien thaped ￿ Th•rthrism IMpret Th•tthw oKe ￿hled in Cokhestrr aNJ frn i0¢￿d Co￿e￿atIve Party therel and howthe É55ex stereotype is ￿the metha Ivkn 8Yd5 Dfa Feather and The OnlyWaylsÉs Art ￿thd. DtGStal Respond &Re4rwine A projert to pro￿de rl I￿￿$t# woftkjte thE thJwftenr ofdN skaiigto mllne conierrt for exlwlmtions to1￿￿de f￿0￿}r& Onl￿e￿Ik5. tOW5 and vkthops. Artsf4un¢il Erylor￿ Cu￿1Al¢￿V￿Y Fynd FU￿1￿ for caiyta to eTr3ble ¥ae5St#tsiy to the frn9te b￿dIff rwnp a¢cess to the Nstoric Beryyfidd lawnfrcmthe man¥randa arIgi￿arCèssto thecafe are Kew68￿eTrS-G￿o￿w￿dYath Pmiert A pfokttfunded ty %ew G¥dM'sytyuth kY(y•￿rnÈGrI￿¥wll￿ Thealm was w cofavttcokhe5t¢r to the natur world thr0￿hf￿% ftlklore UthiingPral¢rtSCA (G•rf￿d W4%tsn) Funding ca￿ impro¥&ments to irnWtr4e the ith5trpxtwe and ￿ eTrvtmnmert Ll8htln¥PrnJealACE) Arts C0￿ClI En8knd IrNesDnert PtO8rrdn¢ 01￿1$4￿￿t0 +￿$t buildrys andequlpment so th•t they can ¢)peTrte sady ￿￿.parmI•mSC and imwove axe5S 5eYie on techndogical opwrtwit*s arnl re￿￿e￿ronmentI impatt.

FIRSTSITE LthIITED IIOTESYOIHE FINPJ4aALSfAIEMV175.(4rtkK FOR ThEYEPJI ENDED 31 MAAOt2013 REsrwcYtD FufiDS.(ofitSrnnd Art FuTrl- Re]￿kne ThisprLyamme1sopen to 1 e5p2rithth05ew+¥) at(VfjyJpprrtithfreesc￿d The woffiea cwfsES ofa(anieen offeri￿ a ￿e(boTh ofhotnutritlousfwd. arL w•￿ntandS￿￿I XtiviEies wn bytrained oa¢hes durin8 the schwl h)Idab% Durire the fina￿¥ y. fv wrpose OF the project s to remauinE we can 8rMfKantty£ontinue toery¥e and our relatith)shipWrthfan￿l￿ thwh the regLdarttyof the progfamme. to enie frAlies to ha4 x(ess ro free cteabve a￿lIeS ￿ • ¢reati* day together mo# drftt¢utt monttsiThWiateEyaftrr lrto Sprry