COMPANY REGISTRATION NUMBER: 02960157
CHARITY REGISTRATION NUMBER: 1040321
Creative Arts East
Company Limited by Guarantee
Unaudited financial statements
31 March 2025

Creative Arts East
Company Limited by Guarantee
Financial statements
Year ended 31 March 2025
Page
Trustees, annual report lincorporaling the directors, report)
Independent examiner's report lo Ihe trustees
10
Slalemenl of linan¢ial activities (including income and expenditure accounll
11
Statement of financial position
12
Slalement of cash flows
13
Notes lo the financial slalemenls
14

Creative Arts East
Company Limited by Guarantee
Trustees. annual report (incorporating the directors, report)
Year ended 31 March 2025
The trustees, who are also the directors lor the pU￿oSe$ of company law, present Iheir ieport and the
unaudited financial slalemenls of the charity for the year ended 31 March 2025.
The financial slalemenls have been prepared in accordance with the accounting policies set out in notes lo
the accounts and comply with the charity's goveming document, the Charities Act 2011 and Companies Act
2006 and Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable lo
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland published in Oclober 2019.
Chair's report
Once again, l am proud to report that Creative Arts East has exceeded ils self-imposed targets lor Ihls
financial year, supporiing a record number of rural and community events across the East of England and
enabling our highest number of audience engagernenls in the last 5 years, illuslraling that recovery of
audience participation is back lo pre-covid levels.
We have achieved this despite the continuing operational and financial challenges lacing our sector.,
exercising shrewd distribution of limited resources towards meeting our mission improving quality of life
through crealivily Our 10 Year Vision and Slralegy seeks lo reach more ol the mosl vulnerable and under-
engaged residents across our operational regions.
We remain grateful for the &ssenlial backing ol our principal funders Arts Council England and the British
Film Inslilule via the Film Hub Southeast, as well as local authority grants Irom Norfolk County Council,
Breckland District Council, and the Borough Council of King's Lynn and West Norfolk, wilhoul whom our
work would not be possible.
The leam and I would also like lo extend thanks lo our dynamic and determined partners, including
Applause Rural Touring, Norfolk Library & Information Service, Cambridgeshire Music, Norfolk & Sullolk
Music Hub, and the Nalional Centre for Writing. They share our commitment lo collaboration, arnbilion and
equality and to increasing access to culture lor those who experience barriers lo participating. We look
forward to continuing lo drive change alongside them and others in Ihe years lo come.
Max Edwards
Chair

Creative Arts East
Company Limited by Guarantee
Trustees, annual report (incorporating the directors, report) fconllnued)
Year ended 31 March 2025
Reference and administralive detalls
Registered charity nam8
Creative Arts Easl
Charlty registration number
1040321
Company reglstration number
02960157
Prlncipal offlce and registered Dragon Hall
otllce
115-123 King Street
NoNich
Nortolk
NR1 1QE
The trustees
The trustees who served during the year and al the dale of approval were as follows..
Max Edwards Ichairl
Thomas Dunslon
Pat Hollom
James McDermoll
Lynne Simpkin
Elizabeth Somervi518
Prlnclpal Offlcer
Natalie Jode (Executive Olreclorl
Observers
Sherry Neyhus - Arts Council England
Sarah Dennis - Borough Council of King's Lynn and West Nortolk
Company secretary
Julie H8wiIt
Independent examiner
Mark Proctor FCA DChA
Lovewell Blake LLP
Chartered a¢countanls
Bankside 300
Peachman Way
Broadland Business Park
Norwich
NR7 OL8
Bankers
Barclays
Level 15
1 Churchill Place
London
E14 5HP

Creative Arts East
Company Limited by Guarantee
Trustees, annual report (incorporating the directors, report) (continu8d)
Year ended 31 March 2025
Virgin Money
Jubilee House
Gosforth
Newcastle Upon Tyne
NE3 4PL
Flagstone Group Ltd
1 sl Floor. Clareville House
26-27 Oxendon Street
London
SW1Y4EL
The Co-operative Bank plc
1 Balloon Street
Manchester
M4 48E

Creative Arts East
Company Limited by Guarantee
Trustees. annual report (incorporating the directors, report) [￿nIlnued)
Year ended 31 March 2025
Objectives and actlvities
The charity is established lor the purposes ol promoting, maintaining, improving, and advancing education
within Ihe community al large and particularly in rural areas by the promotion, production, performance, and
encouragement ol the arts, that is lo say.. the performing, visual, media, plastic, digital, andlor written arts.
This is achieved by:
co-operating or formally partnering with any government aulhorities, international bodies, councils,
village halls, schools, churches, arts centres, Ihealres, clubs, soci&lies, charitable trusts and similar
bodies and individuals.,
supporting exhibitions, meetings, lectures, classes, seminars, courses, performances, workshops,
excursions, enlertainmenls and broadcasts,.
producing periodicals, magazines, books, leaflels, films, recordings or other 18chnology-based
media.
The objects sel out the breadlh ol activity that Creative Arts Easl may undertake and the collaborative
approach that lies at its heart. They also define Ihe peripatetic nature of the activities, and the centrality of
learning about, and through, the arts lo enrich and improve the qualily ol life ol the whole cornmunity.
Summary ol the main activitles In relation to these oblects
We deliver activities that benefit the public Ihrough two major strands of work.
These are:
1. The rolling delivery ol "community louring". We organise two highly successful schemes which
evolve cultural decision-making lo comrnunily groups and residents and help lo bring professional
performing artists and an eclectic programme ol films into rural communities where access to this is
otherwise limited.
2. The delivery of a portfolio of health- and skills-development projects using the arts as a tool lor
engagement and improved quality ol life for Ihose most in need. To achleve Ihis, we woik in partnership
with private, public and voluntary sector stakeholders.
Strategic report
The following sections for achievements and performance and financial revi&w form the strategic report of
the charily.

Creative Arts East
Company Limited by Guarantee
Trustees. annual report (incorporating the directors, report) (contlnued)
Year ended 31 March 2025
Achievemenls and performance
In 2024, the charity sel-oul a new 10-Year Vision and Slralegy, reslaling its commitment lo a central
mission:
"Improving quality of life through creativlty"
Aiming lo-
l.make creativily accessible and available lo more people in more places
2.Slrenglhen health and educalion outcomes through creativity
Resulting in..
Greater equity of access lo creativity
Reduced health inequalities
Improved skills, knowledge and aspirations
Our key objectives for this lerm and the coming years are to:
Work in partnership with diverse communities and artists to co-design excellent and inclusive
programmes that invite people lo gel involved.
Develop creative practice and participation models which improve health and education outcomes in
rural and under-served communities.
Champion developmenls in public policy and allilude towards the social role of crealivily, working
closely with sector partners and strategic stakeholders.
Summary ol the main achl8vements ol the charlty during the year
1. The delivery of core communlly lourlng work.
Community touring remains a core priority lor Creative Arts East (CAE}.
The Creative Arts East Livel and Creative Arts East Screen schemes provide community groups in rural
locations access lo curated programmes of professional live performance and film, financial subsidy
towards the cost ol lees and licenses, reduced hire rates lor projeclion equipment, marketing collateral, and
volunleer training provision.
Throughout 2024125, Creative Arts Easl Livel and Creative Arts East Screen supporled over 68 grassroots
voluntary groups and community venues with event programming support, training and advice, which
enabled over 32,000 audience engagements through delivery of 400+ events. In 2024 the charity
successfully renewed ils Investors In People IIIPI accredilalion lor the 201h consecutive year, outperforming
the benchmark scores lor our sector. Creative Arts Easl also undertook a comprehensive and wide-ranging
360 review with its stakeholders, including stall, board, promoters, suppliers, artists and audience and was
gratified with results thal Showed high levels ol achievement and satisfaction.

Creative Arts East
Company Limited by Guarantee
Trustees. annual report (incorporating the directors, report) (continued)
Year ended 31 March 2025
Achievements and performance (contlnued)
2. The dellvery of a portfolio ol learning projects using the arts as a tool tor engagement.
Alongside community touring activities, CAE develops and manages a portfolio of participatory and
outreach projects. These remain a key driver in the financial viability of the charity, and in meeting the
slated mission. Projects provide essenlial learning opportunities, health and wellb&ing inleNentions and
professional support for commLJnities and individuals across Norfolk and the wider East Anglia.
Project activily during 2024125 included:
Rekindle Libraries, a nationally significant arts develcipmenl initiative, placing libraries at the heart of
creative and cultural experiences lor rural and underserved communities across Norfolk, Medway,
Buckinghamshire, Blackburn and Sandwell. Funded by Arts Council England12023-20261.
'MovelShake', a programme of musicians in residence, participatory workshops and leadership
opportunities for children and young people in King's Lynn, Poringland, Thettord, Lowesloft, Wlsbech
and Histon. Funded by Youth Music12022-202SI.
PEACH Wesl Norfolk, strategic partnership management for cultural education across West Norfolk,
raising the quality ol cultural provision lor children and young people across Ihe borough. Funded by
Borough Council of West Norfolk and Arts Council England via the Norfolk and Nowich Festival
12017-20251.
'Crealive Socials,, a rolling programme ol monthly older people's arts participation, with specific
emphasis on inclusion for those living with dementia and Iheir carers. In 2024125 sessions were
delivered in 6 rural communities wilhin Breckland, Wesl Norfolk and Great Yarmouth, enabling over
700 beneficiary inleraclions lo improve wellbeing, confidence and social connectedness. Funded by
contributions Irom Arts Council England, Wesl Norfolk Lives via Norfolk Community Foundation and
the Borough Council of King's Lynn and Wesl Norfolk Health and Wellbeing Partnership.
Publlc benefil
In planning activities for the year under Teview Ihe Trustees kept in mind the Charity Comrnission's
guidance on Public Benelil at meetings, when exercising powers or performing duties in their roles. The
activities outlined above provide examples ol how the charity has sought lo deliver ils charitable purposes
for the benefit of Ihe general public. The Trustees believe passionately that the work as outlined benefits a
significant section ol the general public in Norfolk, Suffolk, Cambridgeshire, and nationally.
We locus on engaging those communities or ils members who lace geographical, physical or other barriers
lo participating in the cultural life of Ihe area and do Ihis by providing a range ol activities that lake place on
an outreach basis in a wide variety of localions. Wherever possible we seek opportunities lo present work
which extends experience, and surprises, excites, challenges and develops new audiences.
Care is taken lo use public subsidy wisely, exercising careful control over quality, artistic inlegrily, breadth,
variely and cultural diversity. Many participatory activities are provided free ol charge al Ihe point of use by
the public. When charges for participation or access to services are necessary, these are kepl as low as
possible and concessions provided lo ensure wide acce5s1bilily. In doing so the truslees have had due
regard lo the Charity Commission's general guidance on public benefit and to its supplementary guidance
on fee Charging.

Creative Arts East
Company Limited by Guarantee
Trustees, annual report (incorporating the directors, report) (conlinuedj
Year ended 31 March 2025
Financial revlew
The annual income ol Creative Arts Easl was £771,126 12024: £644,698) and expenditure was £769,794
12024.. £643,288), resulting in a surplus of £1 ,33212024'. surplus of £1,410).
Reserves Policy
The Iruslees, having regard lo the liquidity requirements of operating the charity and to Ihe reserves policy,
have operated a policy ol keeping available funds in an interesl-bearing account and seek to achieve a
reasonable rale on deposit. Reserves are needed lo bridge the gap between the spending and receiving of
resources and to cover unplanned emergencies and other expenditure. The Trustees consider that the
minimum level ol reseNes as al 31 March 2025 would be £52,500. The actual reserves were £78,739
providing the charity with £26,239 of working capital. This working capital will be used lo invest in the
charity's future by supporting activities that secure ils medium lo long term, andlor to support, in the short
term, any lunding shortfall.
Of the actual reserves, Ihe charity's free reserves (being nel current assets in the unrestricted fund,
including désignated funds) amounted lo £75,00712024'. £66,299>.
Creative Arts East is grateful to ils primary investor, Arts Council England, and those organisations that
have supported mulli-year project activity, granted annual applications, andlor developed partnership
agreements with us, including British Film Inslilule via Film Hub Soulheasl, Youth Music, Wesl Norfolk
Lives via Norfolk Community Foundation, Borough Council ol King's Lynn and Wesl Nortolk, Norfolk County
Council, and Breckland Council.
Plans for future periods
The financial shock ol the 2020 pandemic and ongoing cost of living crisis continues to impa¢l our business
model however the Board and Senior Management have taken the necessary steps lo address this. W8
have sel out a new 10-Year Business Plan with mulli-year budgets, exercised light spending controls on
op&ralional costs whilst ensuring quality and impacllul provision, undertaken regular relorecasling, and are
actively fundraising.
This includes working with Arts Council England lo negoliale extension ol our current funding agreement as
a National Portfolio Organisalion lo 2028 and develop a new multi-year investment term with British Film
Inslilule for 2026-2029, This crucial investment will enable us to continue lo deliver and develop the impacl
ol community touring across Norfolk, Suffolk, and Cambridgeshire.
Alongside securing this core investment, we are developing new funding applications for 2026-2030 10
support the evolution and extension of our cullural education and crealive health activities with key partners
across the region and nalion.
By taking this approach, CAE has maintained ils financial F)osilion in the current year and lorecasls a
breakeven budget lor 2025126. This foundation and our track record stands us in a slrong position lo
maintain a sound financial posilion in the longer-term.

Creative Arts East
Company Limited by Guarantee
Trustees, annual report (incorporating the directors. report) (continued)
Year ended 31 March 2025
Structure, governance and management
Governing document
The organisalion is a charitable company limited by guarantee, incorporated on 20 July 1994 and registered
as a charity on 23 August 1994. The company was established under a Memorandum ol Association which
established the objects and powers of the charitable company and is governed under its Articles of
Association.
Trustee selectlon methods
Trustees are elected from and by the full members al the Annual General Meeting. One third of the Iruslees
must retire from office. The members to retire shall be those longest in ollice since their last election. These
members are eligible for re-election. Two members are appointed Tepresenling seNice users or partners,
the remaining members are appoinled by the company in general meeting as il thinks fil.
Trustee Inductlon and tralnlng
New Trustees undergo an orienlalion day lo brief them on their legal obligations under charity and company
law, the Charity Commission guidande on public benefit, conlenl of the Memorandum and Articles of
Association, the Board, the sub-commillee and the decision making process, the risk register, the Business
Plan and recenl financial information including the financial performance of the charity.
During the induclion day, they rneel key employees and other Trustees.
Trustees are encouraged lo attend appropriale external Iraining events where these will lacilitale th8
undertaking ol their role.
Organisational structure
The Charity is governed by a Board of Management who are elecled lo office at the AGM in accordance
wilh the lerms laid down in ils Memorandum and Articles of Associalion. This Board ol Manag8menl are the
trustees ol the ChaTIty.
The Board meets quarterly and there is a sub-committee coveiing finance, audil and slafl which normally
meets Iwice a year or more frequently as required. An Executive Director is appointed by the Truslees lo
manage the day lo day operations ol the Charity.
Decisions are made by the Board but to lacililate operations, the Executive Director has delegated authority
lor operational matters including finance, employment, fundraising, programming and project management.
The Executive Director and Finance Manager allend Board meetings lo present reports and advis8 the
Board.
Risk managen7ent
The Board ol Management meets on a quarterly basis lo discuss the issues and risks alfecling Ihe
company, The company has appropriate systems in place lo identify Flotential risks and assess them in
terms ol likelihood and significance. The risks are regularly monitored and controls are implemented in
order lo mitigate any impact that they may have on Creative Arts East. This includes a Risk Regisler, the
conlenl ol which is informed by consultation with slafl, Board and external slakeholders and which is
reviewed al each Board meeting.

Creative Arts East
Company Limited by Guarantee
Trustees, annual report (incorporating the directors, report) (contlnued)
Year ended 31 March 2025
Structure, governance and managemenl (contlnued)
Independent examiner
The independenl examiner, Mark Proclor of Lovewell Blake LLP, will be proposed lor re-appointment al the
forthcoming Annual General Meeting.
The trustees. annual report and the strategic report were approved on
behalf of Ihe board ol trustees by..
and signed on
Max Edwards (Chairl
Trustee

Creative Arts East
Company Limited by Guarantee
Independent examiner's report to the trustees of Creative Arts East
Year ended 31 March 2025
I report to Ihe charity trustees on my examination of the financial statements of the company lor the year
ended 31 March2025 which comprise the slalement ol financial activilies (including income and
expenditure account}, statement ol tinancial position, slalemenl of cash Ilows and the related notes.
Responsibilities and basis ot report
As the charity trustees of the company land also its directors for the purposes of company lawl you are
responsible lor the preparation of the financial statements in accordance with the requiiements of the
Companies Act 20061'the 2006 Acl'l.
Having satisfied myself that the financial slalemenls of the company are not required lo be audited under
Part 16 01 the 2006 Act and are eligible for independent examination, I report in respect ol my examination
of your company's financial statements as carried out under section 145 01 the Charities Act 2011 I'lhe
2011 Acl'l. In carrying out my examinalion I have followed the Directions given by the Charity Commission
under section 145151(bl of the 2011 Act.
Independent examin8r's statemenl
Since the charity's gross income exceeded £250,000 your examiner must be a member ol a body listed in
section 145 of the 2011 A¢1. I confirm that l am qualified lo undertake the examination because l am a
member ol the Institute ol Chartered Accounlanls in England and Wales IICAEWI, which is one of the listed
bodies.
I have completed my examination. I confirm that no mallers have come lo my allenlion in connection wilh
Ihe examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Company as r8quired by section 386 of the
2006 Act., or
the financial slalements do not a¢cord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a 'tru@ and lair, view which is not a
maller considered as part ol an independent examinalion; or
the financial slalemenls have not been prepared in accordance with Ihe methods and principles
ol the Slalement ol Recommended Practice lor accounting and reporting by charities applicable
lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic ol Ireland IFRS 1021.
I have no concerns and have come across no other mallers in connection with Ihe examination lo which
allenlion should be drawn in this reporl in order lo enable a proper understanding ol Ihe accounts lo be
reached.
Mark Pr
clor FCA DChA
Independent Examiner
Lovewell Blake LLP
Chartered accounlanls
Bankside 300
Peachman Way
Broadland Business Park
NO￿lCh
NR7 OLB
10

Creative Arts East
Company Limited by Guarantee
Statement of financial activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Reslricled
funds Total funds
2024
Unrestricted
funds
Total funds
Not6
Income and endowments
Donations and legacies
Chafltable activities
Investment income
255,020
49,526
13,072
255,020
503,034
13,072
225,272
405,230
14,196
453,508
Total Income
317,618
453,508
771,126
644,698
Expenditure
Charitable activities
316,286
316,286
453,508
769,794
769,794
643,288
Total expenditure
453,508
643,288
Net Income and net movement In funds
1,332
1,332
1,410
Reconclllatlon of funds
Total funds brought forward
Tolal tunds carried forward
77,407
77,407
75,997
77,407
78,739
78,739
The slalemenl ol financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 14 to 25 form part of these financial statements.
11

Creative Arts East
Company Limited by Guarantee
Statement of financial position
31 March 2025
2025
2024
Note
Flxed assets
Tangible fixed assets
Investments
13
14
2.232
1,500
9,607
1,500
3,732
11,107
Currenl assets
Debtors
Cash al bank and in hand
15
15,036
425,524
16,409
416,724
440,560
433,133
Credltors: Amounts falling due within
one year
16
1365,5531
1366,8331
Net current assets
75,007
66,300
Total assets less current Ilabllities
78,739
77,407
77,407
Net assets
78,739
Funds of the charlty
Unrestricted funds
78,739
77,407
Total charlty funds
18
78,739
77,407
For the year ending 31 March 2025 the charity was entitled to exemption from audit under seclion 477 of
the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company lo obtain an audit of ils financial slalemenls lor the year
in question in accordance with section 476.,
The directors acknowledge their responsibililies lor complying with the r&quirements of the Act with
respect lo accounting records and the preparation ol financial slalements.
These financial slalemenls have been prepared in accordance with Ihe provisions applicable to companies
subject lo the srnall companies. regime.
cia
statements were approved by the board of Iruslees and aulhorised for issue on
nd are signed on behall ol the board by..
rc
Max Edwards (Chairl
Trustee
Company registration number.. 02960157
The notes on pages 14 to 25 form part of these financlal slatements.
12

Creative Arts East
Company Limited by Guarantee
Statement of cash flows
Year ended 31 March 2025
2025
2024
Cash flows from operatlng activities
Net income
1,332
1,410
Adjustments for..
Depreciation of tangible fixed assels
Other interest receivable and similar income
7,375
113,0721
8,299
114,196)
Changes in..
Trade and other debtors
Trade and other credilors
1,373
(1 ,2801
14,272)
13,652
68,249
Cash generated from operations
77,414
Interesl received
13,072
8,800
14,196
Net cash from operating activities
91,610
Cash f lows trom investing activities
Purchase of langible assets
Nel cash used in investing acllvilies
12,2201
12,2201
Net Increase In cash and cash equlvalents
Cash and cash equlvalents at beginnlng of year
Cash and cash equlvalents at end ol year
8,800
416,724
89,390
327,333
425,524
416,723
The notes on pages 14 to 25 torm part of these financial statements.
13-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements
Year ended 31 March 2025
General information
The charily is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address ol the registered
office is Dragon Hall, 115-123 King Street, Norwich, Norfolk, NR1 1 QE.
Statement of compllance
The charity conslilutes a public benelil enlily as defined by FRS 102. The financial slatemenls have
been prepared in accordance with Accounting and Reporting by Charities.. Slalemenl of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting SlandaTd applicable in the UK and Republic of Ireland Issued in October 2019, Ihe
Financial Reporting Standard applicable in the United Kingdom and Republic ol Ireland IFRS 1021,
the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Pra¢li¢e.
Accounting pollcles
Basis of preparation
The financial statements have been prepared on the historical cosl basis and are prepared in sterling,
which is the functional currency of the entity.
Golng concern
The trustees have considered the level of funds held and the expecled level ol income and
expenditure for 12 months from authorising these financial slalemenls. The budgeted income and
expenditure is sufficient with Ihe level ol reserves for the charity lo be able lo continue, and as a resull
the financial statements have been prepared on a going concern basis.
Fund accountlng
Unrestricted funds are availabl& for use al the discretion of the Iruslees lo further any of the charity's
purposes.
Designated funds are unreslricled funds earmarked by the trustees for particular future project or
commitment.
Reslricled funds are subjected lo re51rictions on their expenditure declared by the donor or through
the terms ol an appeal, and fall into one of two sub-classe5: restricted income funds or endowment
funds.
Income
All income is included in Ihe slalement of financial activities when enlillemenl has passed to the
charity, il is probable Ihal the economic benefits associated with the Iransaclion will flow lo the charity
and the amount can be reliably measured. The following specific policies are applied lo particular
categories of income:
income from donations or grants is recognised when there is evidence of enlillemenl lo the gilt,
receipt is probable and its amount can be measured reliably
funding received in respecl of future years is shown as deferred income al the balance sheel
date and recognised in the period when the related activity occurs
14-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (contlnuedj
Year ended 31 March 2025
Accounting poll¢les (contlnued)
Government grants
Governmenl grants are recognised using the a¢¢rual model.
Under the accrual model, government grants relating lo revenue are recognised on a syslemalic basis
over the periods in which the company recognises the related costs lor which the granl is intended lo
compensate. Grants that are receivable as compensation for expenses or losses already incurred or
for the purpose ol giving immediate financial support lo the enlily with no future ielaled costs are
recognised in income in the period in which il becomes Teceivable.
Expendllure
Expendilure is recognised on an accruals basis as a liability is incurred. Expendilure includes any
V AT which cannot be fully recovered, and is classified under headings of the slalemenl ol financial
activities lo which il relates:
expenditure on raising funds includes the costs ol all fundraising aclivilies, events, non-
charitable trading aclivilies, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in Ltndertaking
activities that further ils charitable aims lor the benefit ol ils beneficiaries, including Ihose
support cosls and costs relating to the governance ol the charily apportioned lo charitable
aclivilies.
All costs are allocated lo expenditure categories reflecting the use ol the resource. DSrecl costs
allribulable lo a single activity are allocated directly lo that activity. Shared costs are apportioned
between the activities they conlribule lo on a reasonable, jusliliable and consistent basis.
Operating leases
Lease payrnenls are recognised as an expense over the lease tèrm on a slraighl-line basis. The
aggregate benefit of lease incentives is recognised as a reduction lo expense over the lease term, on
a slraighl-line basis.
Tangible assets
Tangible assets are initially recorded al cost, and subsequently slated al cost less any accumulated
deprecialion and impairmenl losses. Any langible assels carried al revalued amounts are recorded al
the fair value al the dale of revaluation less any subsequent accumulated depreciation and
subsequent ac¢umulaled impairmenl losses.
Depreclatlon
Deprecialion is ¢alculaled so as lo write off the cost or valuation ol an asset, less ils residual value,
over the useful economic life of that asset as follows:
Website
Display and office equipment
Cinema equipment
Computer equipment
20°/e slraighl line
33°/0 slraighl line and 20°/o Straight line
50010 slraighl line and 33.10 slraight line
33Q/o slraighl line
15-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (contlnuedj
Year ended 31 March 2025
A¢¢ounting policies (contlnued)
Investments
Unlisted investments are inilally recorded al cosl, and subsequently measured al fair value. If falr
value cannot be reliably measured, assels are measured al cost less impairment.
Impairment ot fixed assets
A review for indicators of impairment is carried oul at each reporting date, wilh Ihe recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired ac¢ordingly. Prior impairments are also reviewed for
possible reversal al each reporting dale.
For the purposes ol impairmenl lesling, when il is not possible lo estimate the recoverable amount of
an individual asset, an eslimate is made of the recoverable amount ol the cash-generaling unit lo
which the asset belongs. The cash-generating unil is the smallest idenliliable group of assets that
Includes the asset and generates cash inflows that largely independent ol the cash inflows from other
assets or groups ol assels.
Flnancial instrumenls
A financial asset or a financial liability is recognised only when the enlily becomes a party lo the
contractual provisions of the instrument.
Basic financial instruments are initially recognised al the amount receivable or payable including any
related Iransaclion cosls, unless the arrangement conslilulos a financing Iransaclion, where il is
recognised at the present value ol the lulure payments discounted al a market rale of interest for a
similar debt inslrumenl.
Currenl assets and current liabililies are subsequently measured al the cash or other consideration
expected lo be paid or received and not discounted.
Defined contrlbution plans
Contributions to defined contribution plans are recognised as an expense in the period in which Ihe
related service is provided. Prepaid Contributions are recognised as an asset to the exlenl that the
prepayment will lead lo a reduction in fL¢lure payments or a cash refund.
Limited by guarantee
Creative Arts Easl is a company limited by guarantee and accordingly does not have any share
capital.
16-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (confinued)
Year ended 31 March 2025
Donations and legacies
Unreslricled Total Funds Unre51ricted Total Funds
Funds
2025
Funds
2024
Donatlons
Donations
952
952
171
171
Grants
Grants
254,068
255,020
254,068
225,101
225,272
225,101
255,020
225,272
Grants received, included in the above, are as follows..
2025
2024
Arts Council NPO Funding
Breckland Council
King's Lynn and Wesl Norfolk Council
Norfolk County Council
Other grants
Total grants
204,760
4,000
3,000
10,308
32,000
204,760
4,000
3,000
10,307
3,034
254,068
225,101
Charitable acllvltles
Unreslricled
Funds
Reslricled Total Funds
Funds
2025
Project aclivilies
49,526
453,508
503,034
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Project aclivitles
38,476
366,754
405,230
Investmenl Income
Unreslri¢led Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Bank interest
13,072
13,072
14,196
14,196
17-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements {￿ntinUed)
Year ended 31 March 2025
Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Tolal funds
2025
Total fund
2024
Direct proje¢l costs
Wages
Social security
Printing, postage and slationery
Subscriptions and publications
Telephone and lax
Training and development
Travel and entertainment
Other staff costs
Deprecialion
Sundries
Bank lees and charges
Premises costs
Ollice cosls
Marketing
Insuran¢e
Legal and professional lees
Governance cosls
415,397
415,397
262,884
16,626
6,451
4,948
1,375
1,928
285,294
275,010
17,091
2,778
4,293
1,198
915
757
7,226
7,081
108
1,021
18,116
11.278
4,190
2,294
505
4,133
262,884
16,626
6,451
4,948
1,375
1,928
6,092
6,798
232
343
21,997
8,033
7,433
2,423
2,160
4,674
6,092
6,798
232
343
21,997
8,033
7,433
2,423
2,160
4,674
415,397
354,397
769,794
643,288
Expenditure on charitable activities includes restricted expenditure amounting to £453,508 12024:
£366,754).
Governance costs
202S
2024
Independent 8xaminalion - currenl year
Other accountancy setvices
3,594
1,080
3,156
977
4,674
4,133
Net Income
Net income is slated after charging/l¢redilingl:
2025
2024
Depreciation ol tangible fixed assets
7,375
8,299
10. Independent examination fees
2025
2024
Fees payable lo the independent examiner for..
Independent examination of the financial statements
3,594
3,156
18-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (contlnued)
Year ended 31 March 2025
11. Statt ¢o$ls
The lolal staff costs and employee benefits lor the reporting period are analysed as follows..
2025
2024
Wages and salaries
Social security costs
Employer conlributions lo pension plans
253,512
16,626
9,372
279,510
265,188
17,091
9,822
292,101
The average head count of employees during the year was 11 12024.. 131.
No employee received employee benefits of more than £60,000 during Ihe year12024'. Nill.
12. Trustee remuneratlon and expenses
There were no Iruslees, remuneration or other benefits for the year ended 31 March 2025 nor for the
year ended 31 March 2024.
No trustee expenses have been incurred in either the current or previous year.
13. Tangible tlxed ass8ts
Display and
off Ice
Clnema Computer
Website equipment equlpment equipment
Total
Cost
At 1 Apr 2024
Disposals
Al 31 Mar 2025
30,383
13,587
18,0511
5,536
33,296
27,214
115,2601
11,954
104,480
123,3111
81,169
30,383
33,296
Depreclatlon
Al 1 Apr 2024
Charge lor the year
Disposals
At 31 Mar 2025
24,306
6,077
10,921
611
18,0511
3,481
33,296
26,350
687
115,2601
11,777
94,873
7,375
123,3111
78,937
30,383
33,296
Carrying amount
At 31 Mar 2025
2,055
177
2,232
Al 31 Mar 2024
6,077
2,666
864
9,607
19-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 31 March 2025
14. Investmenls
Other
Investments
Cost or valuation
At l Apr 2024
Additions
1,500
At 31 Mar 2025
1,500
Impalrment
At 1 Apr 2024 and 31 Mar 2025
Carrying amount
At 31 Mar 2025
1,500
At 31 Mar 2024
1 ,500
All investments shown above are held at valuation.
There were no investment ass&ls outside the UK.
Investments (neither listed nor unlistedl were as follows..
2025
2024
Peter Blake arlwork
1 ,500
1,500
15. Debtors
2025
2024
Trade debtors
Pr&payments and accrued income
2,047
12,989
9,752
6,657
15,036
16,409
16. Credltors: Amounts falling due withln one year
2025
2024
Trade creditors
Accruals and deferred income
Social security and other taxes
68,807
291,911
4,835
8,001
355,139
3,693
365,553
366,833
-20.

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (contlnued)
Year ended 31 March 2025
16. Creditors: Amounls falling du8 Withln one year (conllnued)
2025
2024
Deferred income brought forward
Released duiing the year
Deferred during the year
Deferred income carried forward
344,328
1344,328}
285,215
262,894
1262,8941
344,328
344,328
285,215
Deferred income relates lo funding received in respecl ol lulure years.
17. Penslons and other post retirement benefits
Deflned contrlbutlon plans
The amounl recognised in income or expenditure as an expense in relation lo delined contribution
plans was £9,37212024.' £9,822).
21

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (contlnued)
Year ended 31 March 2025
18. Analysis of charitable funds
Y8ar ended 31 March 2025
Unrestricted funds
At 1 April
2024
At 31 March
2025
Income Expenditure
Transfers
General funds
Designated funds
27,407
50,000
317,618
(316,2861
12,500}
2,500
26,239
52,500
77,407
317,618
1316,2861
78,739
In 2023 the trustees Iransleired funds of £50,000 to a designated fund, with an additional Iransler of
£2,500 in 2025. These funds are considered to be suflicienl to cover necessary costs in the event of
the Charity's closure.
Restrlcted funds
Al 1 April
2024
At 31 March
2025
Income
Expenditure
Transfers
BFI FAN Film Exhibition
Fund
Cambridge Rural Touring
Flock l Young Creatives
Network
Inn Crowd
LCEP
Wesl norfolk shared
PTospefily
Mercers (The Earl of
Northampton Fund)
Non-Breckland Arts for
Health
Breckland Arts for Health
Youth Music Project
Rekindle (Nalionall
Rekindle INorfolkl
Migrant Support
Know Your
Neighbourhood
37,648
4,071
137,6481
14,0711
2,000
11,017
7,459
12,0001
111,017)
17,4591
8,854
18,8541
6,000
{6,0001
19,080
15,063
59,741
240,527
9,903
7,029
119,0801
115,0631
159,7411
1240,5271
19,9031
17,0291
25,116
125,1161
1453,5081
453,508
-22-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (Gontlnued)
Year ended 31 March 2025
Year ended 31 March 2024
Unrestricled funds
Al 1 April
2023
At 31 March
2024
Income
Expenditure
Transfers
General lunds
Designated funds
25,997
50,000
277,944
1276,5341
27,407
50,000
75,997
277,944
1276,5341
77,407
Restrlcted funds
At 1 April
2023
At 31 March
2024
Income
Expenditur8
Transfers
BFI FAN Film Exhibition
Fund
Cambridge Rural Touring
Flock / Young Creatives
Network
Inn Crowd
LCEP
Kickslarl
Mercers (The Eail of
Northampton Fund)
Non-8reckland Aris lor
Health
Plugged In
Breckland Arts for Health
Youth Music Project
Rekindle (Nalionall
Rekindle (Norfolkl
34,049
26,997
134,049)
126,9971
4,274
15,624
5,863
3,984
14,2741
115,6241
{5,8631
13,9841
21,219
121,2191
26,524
3,000
29,083
25,122
159,638
11,377
126,5241
13,0001
129,0831
125,1221
1159,6381
111,3771
1366,7541
366,754
Community Tourlng Projects
Rekindle Nalional and Local 12023-20261 An Arts Council England Nationally Strategic Projecl
supporling action research between arts organisalions and library services in 5 localities: Norfolk,
Medway, Buckinghamshire, Sandwell. Blackburn, delivering workforce training and creative
programming in the library space.
BFI project funding from BFI Film Audience Network via the Film Hub Southeast to support the
annual costs ol community cinema scheme, including management and license subsidy12023-20261
Migianl Support
Know Your Neighbourhood
Creative programming and producer support for Norfolk Library and Information Service, enabling
creative events and activities serving migrant comrnunilies, early years and parents, job seekers, and
those experiencing bereavement.
-23-

Creative Arts East
Company Limited by Guarantee
Notes to the financial statements (continued)
Year ended 31 March 2025
Cambridgeshire Rural Touring an Arts Council funded partnership project. led by Cambridgeshire
ACRE from April 2020 - Sepiember 2023. The project will served to reignite rural touring provision
across north Cambridgeshire, supporting and enabling community volunteer groups to access the
Creative Arts Easl Live and Screen membership schemes,
Inn Crowd a six-year Arts Council supported parlnership project presenting live performance in rural
pubs12016-231
Cultural Education Projects
LCEP - Arts Council funding and partnership investment via Norfolk and Norwich Festival lo support
the Coordination and delivery functions of PEACH Wesl Nortolk
a Local CullLtral Education
Partnership across April 2020-March 2025. The work ol the LCEP, which is administered by CAE,
aims lo radically Iransform the cultural education provision and ambitions of children and young
people across the Borough ol King's Lynn and West Norfolk.
Youth Music Move Shak8
12022- 20251 community musicians in residence across 6 rural
communities and training for young peopl& to become community music evenl managers.
Young Creatives Nelwoik a regional scheme aiming lo network and support young emerging
creatives through dedicated training and employmenl opportunities.
Creative Health and Wellbeing Projects
Breckland Arts lor Health
Mercers
Wesl Norfolk Shared Prosperity
Non-Breckland Arls lor Heallh
These funds support afternoon creative workshops and allernoon events in rural communities across
Breckland, Wesl Norfolk and Great Yarmouth,. enabling vulnerable older people experiencing ill health
and l or loneliness to lake parl in creativity and increase their wellbeing and social connectedness as
a result.
-24-

Creative Arts East
Company Limited by Guarantee
Notes to Ihe financial statements (contlnued)
Year ended 31 March 2025
19. Analysls of net assels between funds
Unieslricled
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Investments
Nel current assets
2,232
1,500
75,007
78,739
2,232
1,500
75,007
78,739
Unreslricled
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Investments
Nel current assets
9,608
1,500
66,299
9,608
1,500
66,299
77,407
77,407
20. Analysls of changes In net debt
At
Al 1 Apr 2024 Cash flows 31 Mar 2025
Cash al bank and in hand
416,724
8,800
425,524
21. Operating lease commltments
The total lulure minimum lease payments under non-cancellable operaling leases are as follows..
2025
2024
Not later than 1 year
Later Ihan l year and not later than 5 years
1,099
1,436
227
2,535
227
22. Related partles
During Ihe year reimbursed expenses of £68012024.. £4061 were paid lo Liz SomeThille, a Iruslee ol
Creative Arts East, in connection with one of the charity's health schemes for which she is a volunteer.
No other related parly Iransaclions look place during the year.
-25-