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
St*uiOry Avrfrto
Townwall Hou
8alktrne HOI
Cokhester
C03 3AD
Somcito
Ilsor
Head￿tern￿rt
Heod StJ*et
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 ￿ l*r 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 8all*y ¥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 h*t 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.
Celebr*e¢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 tl*ir intrt* (trm￿r*S 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 cry*rneroal 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 art*wk5. drawry5 and lu0￿le¥0bJert% The￿Ie51>￿waS WQ*TxJb¥e and beautifrj.
Our of ths¢s1tt4 10 thp arts crmtirwed last a￿￿nn with a n*AJL¥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 dain*d
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<areer female
¥tyst> IN a¢d¥mln8 the show. W*unaT 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 d*hthl 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 Y*thotake part in Hollday Fuft.On
the Subj￿1 ol Ih)b¢lay Fun. 2022.23 this TratIonal￿ ￿da￿ned gr*w. 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 rEne**d
Ylyur and resonance. ¢)Jr restawant ￿d&alterIeS irwired and fedty*r l5ts) cl*ldren artd nÈaty adL*&ThèYs not
all: tsmilleswhotook Win Holidayfun vAJrkedon(Tr*i¥e The ho580￿ streryqth tosrren#h
and lnwredwndarpio￿c¥$I￿811*Ie$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 Ne*s￿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 Par*Je ended up a a 7hr*nthrful l*rgrouTrd ¢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 ritrJrnedtofikn*oiry atertWoyea5w*cli￿ 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 l*M"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) c*8￿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
hès*ways 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. t*those 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**at*and ￿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 CL*Trpanfjes 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 Canpan*5 •£t 20￿ aidknourrtity Reporttru ty ch￿.. Strtwrtent of Rerpmntended Pr•rtife
applic•ble to <h•rit*s 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 c*garisaiion 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 apWe0*tnew￿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 th*wyges ￿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￿ w*sto ewe 5ettitsns of the tommuth. tyttr￿
v￿lts£0 exhibition5 and I￿$t *rykslws•rd to mtye members0fthe￿￿￿urOrYIo Partldpate kncreètive
4rtiwity.
Mlsslon
Toensure artand CreatI￿ty¥re¥aIuedknthelr roleinshwlrq• h¥w ¥Klhe*tysociewfor
celebratlng w*yone'simègMiaiiMs•s places to 5￿pe aberyerfuv
. demonstrat4￿ th¢ ol ￿#erieS at thÈ Ltntre Ofe¥eTh￿
Value5
ive" we st*k the le•tlsotueatfvity in the fantasrk ￿sts oTrJ that Shr￿ support h
*wNk to6ether a5 at&•rt and *fthowD7rrfflunitie5 ¥￿p￿￿e1$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* ¢Jr*ry we do w4th irrtegrity, and ur8ery.
Ths Intlydes tr￿n8 e*h 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 r*w 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 cur*ed ty S•7h Lucas and of Course Art h Exile
proflliry pr￿ty￿Y *h)s￿ wryk by masttr rp4thmak¥ J¥a1athd￿aj. Wt h*e ￿$0 thdkated sisruficant
re$oW￿ to w6th èrttsts fr¢Jn the E45t re8lon ty corttiWt* ￿ fvyofile wk trrf artists li¥ire and
ns l¢x*tyttrJty aswdl asthosew￿h￿e kid thefCrfh￿tiOns dour Ctvrert *ti*kc<*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 8*ry 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 safjiFK*dy. 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• a8*n 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$5 our CDM￿￿nitY litiks i•dudin# iÈti
from JamaKa, tsan8ladesh and troq ￿ Syrta For swal of these team members tNs is their Ik5t em￿￿tIneNt
opportunity ever in this cwrw. We been (wther ¢dlabtrètir¢ wilh Refugee And Pthgrant Action Co*hEsrer.
fric￿ Famih"es inthvUKandtre Mla(W1w¢AY•<$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 w*e 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 wbfic*fore%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
relation51ips*ith funders wpmrs across *low woths Stre￿ We wveespe£ialty d￿￿k￿ed wbe SPC*nsored
by Sa￿le co￿5 Gallery. the F￿sr￿e collec￿ Gro￿. Assocoaticfft of W•i*n In The Art* Un￿rsity of
Essex ind EssexthJntyCowKil onthe M(Ye 4WrffienronlereKe ￿ M￿h 2ff23.
Our fin￿￿•1 th*lenys 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 5*inlficartre5eThes h*e 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.¢rffth*l
FOR ThE YEAR ENDED 31 MMOI 21123
Firrtgtds con*mitted 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 wrthesth*5hoL4d 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 t***h h•5 been s￿LesS￿Y steered twih to
irnthentatton.
Finanri•lp09ty9n
The charltable wffjafty Con15r￿ ¢0 olde*￿r to ImFloi*rt its rfsk man•ment 5tra¢egy reserves policy in Ilne
with its business pl￿*nally owr*ion 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•alu*e 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 cOr*ol￿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.
I1*L￿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 l*naro4 statements. •rtivity inge¥se& In re¥en￿ by £145.770
12023.. £477.213_ 2022.. £331.4431 aUWFty wa5 ben*rted 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 rd*ire toore rff •w¥ds In 2022 frtyrtAris COU￿{1 Cukurt Remry FuTr*ing 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 tharit<s a£countiry IT eqwment
plaCement￿d(0￿ relati￿t0 the boderm¥ymertsfft
Debtt>rs 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 thJ*i￿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 fom*d o i￿L at the lim¢ of apwcwirl the finar<ial staeN*rtts 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 appropri*e
cthitrols are itt ￿￿et0P10￿￿ reaswllea$5ur•Ke <ainsE fr*kl•r*Jwmr. lfi adthti0￿ ￿ Trugee5COftStderotherr
to the ¢ontlN¥ceof firtste as ah ¥tistk a￿lY￿rg￿lue.The tn4ior rthto the thaTrryi5 expose¢
Idenrffed bVthttnth￿ ifidude tre Wbon ￿df￿ar0e5zs￿l3b￿. been rni&¥ed and a Wem has been
esratyished to rniti¢ate thosÈ risk% ￿ Trustees to closetywth the sponsors of FIrS￿te to ersure
cornmon obsecrive5and Xti¥ities •e ¥Ne¥edto ensWECtffjtin￿I SUFVXL
The 8rwp< ￿lty OA fesei¥e$ 1$ 10 mantan stht(itht reser￿ to enatlè V*XQ 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)&
Recrnltmertandtr*kntofn¢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￿w*è.
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 A*A*rtlsetht posibOASVi8 firs¢*t¥swebsiteaN*¢xheF WDpvi*tmetha •KI ite otrwaryllcants
tsryout a paper shrrtth*ir¥exef¢iseconyire•p*Kè and qvaSfic*th$ett. •É*n#thepreferredcriterr•:
Carryout str￿tL￿e4 comp¢trrry-b•std Int￿•¥5 wth mernbersol the ￿1￿J0￿5 ¥nd Comffmt
nd the Cha¢r of the Mana8in¢ 8o*d ¥¥J sttyt ￿ldtte <an*the ratitw xaie Foll¢xw ￿ 4%%lh
¢Otnpetency based referen￿$
S. Arrange a rneetireofthe Nomination5 and RthTrLmErthnComTfMtteeto decideortrthegJcces*ul (andidète5'
fQ￿ard thename$of￿(c0$fvJl£an￿da1esWa meeti￿of the Board ofTru5tttsf￿forn￿I apwoval.
Nont ol thé Tr￿ee$ has tr￿101 interest c(w. Al ¢rf the Trwtees are munbers d the tornpaw and
guaranteeto c￿tr￿l￿e£l kn the omtof a Mrn11￿￿p.
lrtduth andtrin1igofn￿tWU%Iees
New try>tEe5 U￿er8D a period 0ftraini￿ to br*f tr*rn M their W ot4tg*p)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 undtrt*ir¥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 Enl*prls& r￿e￿$ 14ul*ty 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 w*rrted 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(h*ty. Cdchesrer Oty COW￿11 athd Es*x Cour¢y
Coun¢il. 41 of Pr￿ide fLqK*ry to F*Asite 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 o*i*d 9Jbythary cmparty arkj ￿rateS the tt*rnrnerti31 agjttt of the
or8anl*tron wh*ch 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 aLM*toriwTh 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 ofethc*iond 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 l*tho.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 Genw*tyArceptedkcouniin8 PTac¢Kel.
Ci)mpafiy law reoL•res ihe tru%t*s to prtyare fin¥cwl statementsfor e*h 8Ne a true ￿ fair ¥iew
ol the state ot affars of the charirth youp and of the resour￿ and apsyicabon of rex*urce5. 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 th*itySOftP..
makejudEements and estimatesth* we reawft*le￿
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
re8sc*naiJlp 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 aulil*yS. Wat￿￿￿1 ￿ WkWltyrtr•pwirtheM*thef0rtyKry￿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
par*es.
rov
by wdtroftheljoard oltrustttsM.........
afid5ir*d 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 ron5olhl*ed Sr*Wtte￿ of A¢ll¥i￿ tte roffjdid*ed 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 reF<rtlry Ir•rr**￿rk that hB5 been appl￿d in th•r Weparatit￿ is apklicable law and Uniied
ngdeAn Accourrt(ry &•Thlards. indu(h"re Fin*<i41 ReF*Atry kaTrJaTd IQ The finanoat Rep*drySt*¥l* aWk*)It I
the UK Republrtof IrelardlU4*ttd ￿red￿fi GErtr4tykttptsd kcwrtinz Pixticel.
In OUr(pith￿ thefinarri31 stslwnE￿.
8ive a twe f•p ¥iew of ihe #*e of the th¥it0￿¢ wp aryj aff•is as at 31 Marth 2023 and ol Irs
In￿mir8 re50wces r*•>Jrte4 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 char*aileywp'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 otl*r in1cffl*t￿ The ottr*r Irformati￿ ¢￿[￿￿the lrformaliDn ¥KI￿jed In the
ual Reprx¢ othwth* tt*fin•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¢ETh*ntS W feskwknfrty i¥ kn re•9 c¢her ihfwmètian in doin8
sts, conswler whether the other ithformabcn 15 m*eri31￿ inc0￿stent with tht f1Th•￿1 st*vnertS or our h)owle*e
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￿ aty*t:
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 OFTHEINDEpeNDtMT*MxrwroThe PAEM8EftS OF
FFASTsifE UMIYEO
irtatlers ofv¥thlch are rewlredtowby ext41
In The IW of ihe ￿￿￿edge W YrAer#￿It¥ Ofthetharrt*￿81OLW￿• its•w*orwn•rtobtsned in the uwr*olthe
4￿rIt. we not rntS5tsterrthty In Ihe ReFfjrLOft￿7rltsl
We h•¥e nothirytD report In rewtofihefolrmfjry rn3ttW57*there Il* com￿e$￿£t2(￿￿feO￿lreS Ustofwt tow)u
rf. Ni optnlon..
adequate acroLntiffj fecord5 ha¥E not been kept v rdwr6 adqu3te for our l•e rnr been re¢•ved frtyn
branche5 not ￿￿ted U5: ¢Y
the financial rywrsents we Kcwrtin8 Yetorfs•xl retu￿ or
cert*n thscloswes oftruStee¢raM￿elatiOn speofiedty laware rtrtmadt.or
we h•ve thotre¢we¢lall the inftym2ti0n wLirtationsYèfequlref￿ ow•*J¢ o
. the trwreeswert not enlitWto take •knntsge ofthe sm¥1 Ccffiparle5e¥￿ty￿ fruntt*requlfemertto We￿re a
5tr4tewE in K¥ewr¢theRemoftheTnthtee&
Re$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 prepar*ioAoffinaKI4 *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¢lib*du*y 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 1*0 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 reL*eLlfinJr¢lal
Statements Ovrauditw¢cedwesirtlL#led..
We consid*Ed th riskoffr1￿rIh0￿ ¢y4*rrfdeandln we te4irqat
manual ioumal entrie5 iftto(Kra￿ approKhthroWutthe finaro¥yt•.
We 8Iw•cDnyderedlhE ri5* rffrauda5XXiatedwiththe prepar*th 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 mis5t*ements in the ffir￿al may not tye detettpdow1￿tts ifthty￿t lu*itaDMsofthe )udiL and by
theirvuv Tr*iir¢ 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 Ir*Yependtht
Auditors.

RRsrsirE UMITED
vse0f0ur￿
. Thjs report is made g)*tytotl* ¢h¥lt*le ¢¢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 le8acl*s
.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
TOTALL<SETS iEssaiiiAENTUA8IUTIE5
599A54 1,C6L081
(REDIY&gS
Arnountsfalll￿d￿e after wethantyKyv•
135.ctoi
NETLSSEIS
L01&081
FU14DS
ThreA1￿1￿j thJnds
RestriCtedf￿rts
Restflcted fun(ts.re¥aluatk>n 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¥ st*en*hts,

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￿K*jntsfalIIn8due after more th￿0￿ye
'I35.C￿l
NEfA%ETS
5Jl.155
Y3,797
FUNDS
Uorestriaed funds
ftestricted fund5
Restrrcted funds. r*auatkni rese
24
216
251,175
20
64l786
237.491
64.520
TOTAL FLVa¥)S
The nrtesfomi Partoltr*efir4￿•*

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
C*h gerwated frL¥n operations
220.667
h (used lfij1provjd￿ byppw•lin84th1
Purchase oftsryI￿e asse
144.Dg11
Net tssh used in1rNesti￿ athities
144.0821
rep*meThtslnv
5.wjl
Net cath u%ed1nfmrrfin8¥ti￿IeS
15.1)fAII
ak*pln <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 ar*1 ftepLknJ￿ of (FPS 1021 Itffttiive l jar￿￿ 20191,. Fir*nclal Rewrt178
Standard 102 The Fifftar*ia 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$￿ Coi UH.
￿￿Matt5
In the ap￿￿8￿0￿ Dfthe youp's atcowitiw p)l¢c*tl*Tru*ees are wJ¥ed tD make1￿eMen￿ estiryths and
a55vmpti¢Jn5 •t•wt the £arrwr8 rnnt of oss*s and liabibtle5 that are r*x teadfy ipparent from othw sour
coThsidwedtts ￿ rdEvam. AciLBI re5thMaythfftrfrDrnt￿￿ estinat
The estimates aTrJ *wnwtions are an ba9$. to accoumir¥ tstimatÈs
a￿ fWlYsed in Ihe peri¢￿ in ¥kAth the estimaie is I￿sed where the rt*sron 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 itlsproWeth*l￿0rnt1￿ t*rec•ved.
Qsh donatw ￿ receenised ¢Jrt rec*pL 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 Aw*et 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 f*lAROI 2023
Exp¢DditWe
ExpentSlure is XCCWAted fov ¢)n lJ*5 •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
Oepreci*ton 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 a5*ts¥YMt dep￿￿1￿ as th• tRlu• Is ￿t￿￿51dered
to rlimlnish. The heriwe as5*s 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 ff*asured * 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 ￿$ts to (thm￿ett sdl. Cost cwnprises
direct ma￿rIalS an4 kn applic3t44 dsrett roA5 Ihose o*rheads that hwe Incurred
brtrY5n6the￿1$toth￿ wewt lrfationandc¢nrfrtbyk
Twllon
fir5fyte is an exempt the Cl*itits 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 resF*rt Df Vakne Adde¢ Ta￿ F(rstssie is a exempt OT8*salon
forVATpwpLwand consequerth inwttsxubits purc10￿ ¥enot lully rttover•We.

FIRSTStrE LIMIIED
FORIHE YE#RENDED 31MARQI Z023
Fuhd*ttouffikng
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$￿ir￿ tythethMroTWhenfW￿ are ra*dftypafbcul¥feJtrKted wr￿￿.
Further e*n*iDn olthe *)d purt¢*ofexhfrmd i51r￿lI￿￿ inthe Th)teSttst￿￿Th•r￿k1 statefflent&
Pethslon and otheTportrf8tlrwent benefits
The Charfta￿e Broup owates a defined ¢ortilb￿0n pertth payable to ￿ tharital4e
lrwp's pefisioh arechirged rothesta￿￿}t0f irtthe perfod towhKhty rel•t&
At the Ifme of ¥prTrlng thè financtal oat•r*nts. the TrEttthes h￿8 reasonatle e*￿tat￿an that tht wp hs
•deqwte rtg)urtt5tO COAti￿e in opwatloml ￿5￿cef￿1hef￿*ste4￿$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 tO8ttl*T 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.
Terrnin*w 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¢*tyY*nts 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 Effjl*rKI.rn re￿JE￿￿
Essèx countyCounol.CDre￿enUe£￿nI
Cold*ster 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$￿2
6ffj994 ¥3X616
L956.6
Supportrosts
Govern•cecLWS
269￿6
S99,
35
5¥999
2022
leaTnlrf
Totsl
Totrl
Wa8e5
SL*ial seturity
Persi0ft5
Utilities
Insuran
217A63
31U63
28205
90
429,192
35,918
22,277
146.216
3>,832
Sl959
17.011
15.97S
140.650
5&384
so.i
L697
20.753
8.624
7J28
13268
52
25￿
Officec¢>sts
Reuuitment •th4tr•nS
BuIldI￿Co$ts
Comput¥ andtelecc
licence5w￿
ad debts
Deprec13ts0n of£a￿b[e artdheriwe ￿Sets
Auditors, remurtty*ion-gryern•Ke
COUnt￿tylet5-g0VThnc2
Leg4 and proft55iofi4 fte5-8ry4*n
Board andt¢)mrrottee tspense5-Bo%W￿Ye
ankcthar8es-8o¥ern
g.789
47J20
2S4
757
14362
7.628
13,&57
285*76
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
eqL*prnerrt
Totals
At l Apri12022
Addino
41LS11
LOJ9,553
365
At31 M¥th 2023
Z17212
417240
At 2022
thargeforve
960.595
U241
At 31 M*th 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
M*RKETVAL
At l April 2022 31 t¥l•rth2023
NEfaooKvALUE
At 31 M¥ch 2023
At 31 M*th2022
Thereweré no Wment asSets￿rtShjTrltr￿ VL
Thè d￿rty$1t¢￿eS￿￿￿ts3tthelyal￿￿ sheet dthInthe*￿ca•Of(￿yrtp￿esl￿ly￿ethE follo*4r*:
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¢ Cok1*5ter the yur 2W. iknyds Bank
PLC have areOstsredcP4r¥e o•ertheww*ty.
The fair value of tl* wotvty has beeft arrI￿d at on ￿ b39$ of a ¥¥uation CaTf*d 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￿erthètt1*fflar1￿ v*Jeof 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
anal*isofthe b*w.
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.¢tyth*d
FOR TrIE YEAH fNOED 31 M*A01202J
LEA￿￿6 AGREE•￿T5
Minlmthm lease poThentsur*lu *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
$160
1264.4341
13B.358
175.CQO
946.818
12(0.09SI
35.¢￿)}
¥estrnents
Current assets
Current ITabIl￿e5
term ts*NIMtes
3￿695
Cbaity
2D22
fwds
fuThls
Flxed assets
In¥ethent5
Current assets
Current rnbill￿e5
mi fla￿lh[e$
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
Unrestr*tedfuThJs
Geotral lurha
O•wgnated. Mus￿Of￿*ve0r
n4m
7.631
61.128
6LJ28
PV311
Restrknedftmds
rkknd
CollectorsGTWP.
Tate. Orcuit
RefLyeActlon Restawarrt
The 8rili5hr*ss ykniert
Royal Opera House
Coode.Adamslirst4*Trwi
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 ICap*al
ArthJnd Dr4it31 ResFond &R•m*ne
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
Gen*al furk4
Designated. Museum dtr*Ve*
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 & Reim*e
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.cortlN*d
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 Exl*blbon
Cukwe Recovery Fund (Camai
Artfund tliiita Re5PL*id & 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
Cofflpar*ve r*tmwMrtinfvJbbAfty 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
Gart*ldweSk￿ 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 Re*awant
The 8rftishneM Projert
Royal Owo Tr10115e
Coode-Adams F*stytsTN5t
Youth Mus
Pertil 84totJtharity
IlewGeographies. Wy5¥
Garfield We*on 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.ti*thu
Comp¥ati¥er*t 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
Garf*ldWe5ton 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
Th15rel*es to wthsof•t &)n•tedtotr*Wb¥y, he*J a51*rl•geasgw/
Colledovsthip Art¢l￿pport
F￿ndS tai5ed ￿ the CdlErr¢rf tknip tkvu*h 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 en*de pb¥le to MIK devdopir< tr¥6kntle
skn1l5&3th1￿yWqUarIf￿¥1knrt*
SupFortir¥ L￿r￿n8 & Ed￿at￿)n thbes wty*ir¥ 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￿1*ti*th¥tsforS?kes lnthe*s￿l￿

FIASISTrÉ LAIITED
RESYRICfED FUNDS.rothed
Youth
To expand peo*'s In4￿￿1 undef5t￿r& expressth sb]IL% in£lw*w 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 PY*rl¥*¢at ¢awknlitlE5 partttdafy confill￿e. empathy, self.
NewGeoy•hl¥ryWsFingkn
The East Contemkvary Visual kn 14*w)wk IECVANI New fjecyathes In M* 3)1& a tlyewear
partnEr5hlp cw1¥5thins in the EaA of £CV*J4 asked fWFAe to ncwinète tr*rfooked
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 ¥hdw*nwn in E55
f*ho ￿Tre br¥ded a$wtCh￿ Yhi5 kyqect conlinues trwrttmsdewd ty•11￿ to th? defkit15 to dls
ddayanotimlngéilference5. afurthtr fuThJir¢ paWn￿rIS due la￿ in 2023.
Nrsisite was awarded part fth)thg to SUPFffl a sY¢er•w t*thln the are05 L* the
Iw*lrfiry. I￿se fvThJs are due to belrtaised in 2023.
The fina year of 8 three-year lunded Pr￿T￿Me by kn CourKiI Er41*%1's N•tlw•l ContemptyaryArt CollectiLW.
The prograrr*me ¢onststs of that are oHuratrd ty CtynMi￿ty Ergups ir* Col¢hester. whlch
explortstheit expwierfes of lffe in ￿ Ui*ied be r( cufrwal. sodal or rditKaL ItexplL¥es and￿lenge$
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￿daY*un
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 X*kty in wF•ch a ppr50n wih black swn ss often cuwdered
Art Fund
A small project y￿r to supwrt a eallal*Jratr4e 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 started*h a >nWe 4uestion:'TeM LLS about
vwr ewrierfe d the pathnirf. pnist-tej workthops ￿ parriapatir* *ey workers $upptyred by an NHS art
p￿hother¥Pls￿ wll form cortext of the eyhknitiun and WHI Indude lOa￿tt IT￿ the ctyJr￿l
CdleLtion.
Tho GteatArteththh10D
Funded ￿ Arts cou￿1 Crae(M frnsite ccezted a lot1￿￿ art The are
tre*ed ty maDbéTS of the pubvc b35ed JouTrd The tequknd dwdDpmert of Ouf web*te to
enatAe thous•nds of to be
Artfurnl. thltureln lknTrrtlnt
A proje¢E to support Arr Fund and the BBC in the R&D pEr￿d tow¥d5 3 'Cthre in C￿r•￿nt. 1•rn1mark Wt
tt)rNn155ksn. Firstslte w35 Part of a wolett tw ah)rfyde In Art aNJ SK Prowide aTrJ Insi8hL The
Pfolect will continue Fw5t￿ wti cdaborate on a w05pect fj5t of artis14 manage the rekti￿hiP with the
arbas SUPWrt ￿ de￿1￿ iriti41 ideastt>prtfor*wdiothewDpat*rn.
FuTrJin¥ frorn Ampersand ￿ sUPPNt the Larv* Wektyne to Es5e* ttot expltres the tsrban
myth4 reC￿ed￿ls￿ornS a￿￿ È4atant steffeOtw)es alwt thecountyof Ns birth. Essex. Lanstyhas woducedaserie5
ol ambi(iou5 new£omnNSsr￿S b4sed on of É$￿ and Ffjsfascination Iwth the county¥ contemporary
poru3yl tn popular ￿ll￿e. Welm to E$5tt past aThl uThledylr¥ hcw rrpJdem4ay Éssex
ha5 i*en thaped ￿ Th•rthrism IM*pret Th•tthw oKe ￿hled in Cokhestrr aNJ frn i0¢￿d Co￿e￿atIve
Party therel and howthe É55ex stereotype is ￿the metha Ivkn 8Yd5 Dfa Feather and The
OnlyWaylsÉs*
Art ￿thd. DtGStal Respond &Re4rwine
A projert to pro￿de rl* I￿￿$t# woftkjte thE th*Jwftenr ofd*N skaiigto mllne conierrt
for exlwlmtions to1￿￿de f￿0￿}r& Onl￿e￿Ik5. tOW5 and *vkthops.
Artsf4un¢il Erylor￿ Cu￿1*Al¢￿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 ar*Igi￿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 PtO8r*rdn¢ 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(VfjyJpprrt*ithfreesc￿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 en*ie f*rAlies to ha4* x(ess ro free cteabve a￿lIeS ￿ • ¢reati* day together
mo# drftt¢utt monttsiThWiateEyaftrr lrto Sprry