REGTSTERED COMPANY I¥UMBER: 02244350 (England and WaIes) REGISTERED CIIARITY NUMBER: 1042454 REPORT OF THE TRUSTEES AND UNA FINANCIAL &ATME FOR THE YEAR ENDED I MARCH 2024 FOR SAME SKY LTMtTE FI CRT Limited Flat 24 Wellingtonia Court Laine Clos¢ BN16TD
SAME SKY LiiiifTED CONTENTS OF THE FINANCIAL STATEMENIS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees I to 5 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financlal Statements 9 to 20
SAIIIE SKY LILVIiTED REGIsfERED NUMBEIL" 02244350 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2(r24 The trllstees who are also director% of the clty for the purposes of th¢ Conwanies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The tnte¢S have adopted the provisions of Accowiting and Reporting? by Charities: Slatement of Recornded Practice applicable to charities preping their accounts in accordance with the Financial Repoiting StaDdard applicable in the UK And Republic of freland {FRS 102) (effective l JanuaTS' 2019). OBJECTIVES AND ACTTVITTES Objective$ and llims Tbe Charity's objective and principal activities are: l. The provision of recreational facilities in the inlerests of s(Kial welfare with the object of in]proving the ionditions of life of persons residing in Brighlon and Hov¢ and elsewhwe. 2, To advance the education of the ¢ommunty T¢siding in Brigbton and Hove and els¢where in the appre¢iation alld practice of the arts. Same Sky is an artist-led commuDity and ¢el¢bratory arts Charity. The work engages directly with the ¢ommunity to produce a wide rangTe of projects and evellts combiniDbi ihe visual & perfomiing arts. The Charity acts as a resource for s¢hools and otber comtnullity g7roups supptying infornmlion and spe¢ialist advice and a proarnMe of master-classes and resid¢n¢es. It has developed integraled training prOarnmeS for the sector. addressing the needs of artists, students, new entrants, and schools work experienr* pla¢ements. Tbe Cbarity bas a v¢ry strong track record of delivering excitltsg pro.jects that engage with th¢ community OD many levels- pyojecls that bave led to personaj development and change for nwiy of th¢ir participants, alongsid¢ th¢ more obvious creative and clllftwal opportunities. Same Sky is Olle of th¢ largest community arts providers in the region. lis Status and longevity allows it to pursue longyer.tenn relations and developments with a lai'ge range of coJDmuDity and educaiional groups and establ1s]uneJ. Slgnlflcant activitle$ 2023124 was our fwst fully ¢ovid free year with a portfolio of new and old events and the start of a process of reCOllflltJllg to face the fiaancial and social priorities olthe new era Wakehurst P18c¢ KEW Glow Wild was tbe first in a new 5-year tender and we had an increase presence in this event tbe 10th ill our collaboration with ihem A successful review of the Children's parade with ight0ft Festival brougbt an uplift nding allowing us to develop and sustain this event. Burning the Clocks and the Cbildren's parade returned to large scale audiences and participation ith over 20,000 folk fviewing each event and securing their place as Iconic "flagships" of the Bri&btom civic calendar Our new executive producer started a campaign of fundraising to support the ¢ontinuing journey through suc¢¢sgion to manage a changeover of CEO and pre75¢$ in the nea¥ firture.
SAME SKY LIMITED REPORT OF TH E TRUSTELS FOR THE YEAR ENDED 31 MARCH 2024 OAJECTtVES AND ACTIVITIES Public benefit The trustees confllTh that they have referred to the guidance containelt in Ihe Cl)2rity Commission's general guidance on public benefit when reviewing the Chariws aims and objectives and in the planning of future activities. The charity's work cotnprises a TX)rtfolio of some 20 prOJts a year all delivered in com]nunity or educational settings. The work focuses on tbe celebration and support of th¢ individual's creativity and sense of place in their neighborhoods, towns or cities. Tbis process fosters their sense of wellbeing and h8ppiness. It also nurtures a sense of pride" for their friends, familie5, carers and comtnuniti&%. The worksIpS engage with th¢ use of hand and milld to create items that expre55 each participant's iudividual feelings, desires and aesthetics. These are then sI]om and enjoyed by many others to create a unified larger image. This work focuses on the p0K of being all indivtdual but having 8 community spirit. It builds self-esteem and confidence ID our participants. We have esLia11Y devised strands of work with young people with learning difficulties and additiona] J)eed4 young Lwers and under*ngaged young people. These strands give palliative and transfomiational experien¢e to the participants helping them to engage the wider rivic projects ensuring that these are as inclusive as possi1¢ and that tho young people feel include in th¢ life alld culture of their neighboThoods. All th¢se projects ¢ulminate in publi¢ events showcasing the tslellts and experiences of the participallts by brillging joy and wonder to a lar&ie Tange of audien¢¢s. This manifests itself ill the eveiits, the sbared ]nemories and images of people celebrating life in all its ricbness with their own creations on their own streets. FJNANCTAL REVIEW FinY4nelal position TELe Stst¢ment of Finan¢ial Activilies shows expenditure for the year ended 31 March 2024 was £334,753 (2023: £331,355) against income of £326,855 {2023: £356,277) incurring a deficit for the year of £7,898 (2023: net Sun)lus £24.922). At th¢ balance sheet dale tbe Charity bad sufficient thDds to meet it& obligatLoll5. Note 16 to the ount5 gives further detail's of our fimds. The charity incurred a defi¢it on unrestri¢ted thDds during tbe year of £3,065 (2023: surplus £170) and this has been dedu¢ted from the reserves brougbt fonvard of £76,622 to leave £73,557 to be Carried forward. Reserves pollcy The Trustees are Cognisant of the Cbarity Conjmissioners requirements on res¢rves policy and their medium tertn objective has been to increase the reserves to obtaiD a level where unrestrtcted funds will cover three months forward. As call be seen from Note 16, the unrestricted r¢serves were £73,557 at the end of this year and our aim is to increase this over tbe coming year, The Trustees have d¢signated £J7,320 for Tesearch and development re: sustainability planning. FUTURE PLANS We will continue our succession pr(Kess Iwith applicatiQD5 for financial support and a commissioned review and options analysis. The CEO will cotrtinue to reduce. their ]UrS nwving these into other key staff as we fuDdrRi5e for a handover period in the next 2 financial years. Premises change will also OCCUT, and we will be looktng to baIan¢e our continuation in cheap but insecure Premises with the security of longer terni leastd more eXSive propety. We will move as soon as this solution is resolved. Same Sky continues to look at Dew ¢ommuDiti&s to engage and new ways to enhance and refreth its existing offers and to develop training and enty points for new freelanrc staffto deliver our exciting projects. The company is fortunate to hold some designth Trserves to supwt its imtnediate development and is looking to achieve a £1 Ok to £20k grant to supwrt this.
SA]WtE SKY LIMITED REGISTERED IYUMBEiL. 02244350 REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31 MARCH 21Y24 STRUCTURI, GOVERNANCE AND maNA(mEr Governing document Same Sky Limited w&8 incorporated &s a Company Limtted by GUaraft on 15 April 1988 and received charitable status on 29 November 1994. Its governing document is its Memordndum and Articl&s of Association dated 15 April l988 as atnended on 5 October 2004. Same Sky Ltd is a Company Limited by Guarantee governed by its Metnorandum and Articles of Associ&tton dated 15 April 1988. It is registered a8 a Charty with the Chariti&s ConllDi&8ion. Tn]stees are Directors of the Company and aTe re5Ex)nsIle for deciding. the following: - Legally responsible statutory obligations such as fjnance4 Staffi health and safety . Appointtnent of new Trustees - Agreeing the proposed Managen)ent Account5 for the year ahead . Agreeing pmposed proj¢ct budgets over f20.000 - Setting salaries for perDleth stsff The mallagernent teatll are respOnsile forthe followin. - Artistic direction of the Cbarity's projects within the retnit of the Memoralldujn and Arttcles of Association - Projecting Management Accounts and cash flow - Managing core and project budg7ets . Day to day running of the Con]pany as CEO and team Reerultment Hnd appotntmtnt of new trustees Trustee candidates are interviewed by a panel DLgde up of Trustees and members of the rnanagement team. Recruitment follows only ¥fter agreemertt trom au the Truslees and management team. Crileria for appointment are based on skiKIs and experience that they can brillg to tbe team, alld an ability to represent all sectors of the community, taking into a¢oount gender, age, race and backgrounds. New trstetS were specially recruited for 2020- 21 with fitydnce and educational backgrounds. Induction and tralning of new trn$tees Trusts¢s are itiducted to ensure an understanding of their role and tesponsibilities to the Charity and a trial period of 3 months Rs given to both parties. New Trustees are provided with a Copy of tbe current Business Plan and up to date financial documents. All TNstees are encowaged to take up appropriate external training OPPOTttmities to support their roles within the Board - whether to extend their uDderstandiDbF of charity law and boaTd responsibility, or to supplement particu]ar skills. Related parties Some elements of core funding are still provided by Brighton & Hove City Council as part of their support for our work Mqth vulllerdble youllg people with learning disabilities and more inclusion in citywide events. Tbis work is delivered in a partllership with Carousel (a locaj disability-led arts charity). Regular review meetings are held with the Council to assess PTogress and the Partnership's fu]filnJentof their fimdtng rffjuirements. REFERENCE AND ADM[N[STRAVE DKfA]LS Registered Company number 02244350 (England and Wal¢s) Registered Charity number 1042454 Registered office Lower Ground Ploor and Part First Floor The Allnexe 43 Belmont Street Brigbto ast Sussex BNI 4HN
SAME SKY LIMITED REGISTERED NUMBER: (F2244350 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH2024 Trustee5 G A RBowden Scsmith C J Morey Ms C A D'cruz Ms 3 Goodey Ms I. Finnimore Company Secretary G A RBowden Independent Examiner Chiistopher Robert Tyler FCA DCbA FCIE FI CRT Limited Flat 24 Wellingtonia Court Laine Close Brigbtoll East Sussex BNI 6TD Bankers Lloyds TSB 3rd Floor Black Horge House Medway WhaTfRoad Tonbridge Kettt TN9 IQS Cafcash PO.Box 289 West Malling Kent ME19 4TA Arttstic DAreetor John VaTah STATEMEIYT OF TRUSTEESI RESPONSIBILITIES The trustees (who are also the directo of Same Sky Limited for the purpoKs of ¢ompany law) are responsible for preparing th¢ Report of the Trustees and the fmanciai statemeTts in accordan¢¢ with applicable law and United Kingdom Accounting Standards (United KiD¥dom GenClY ACceptA.¢CountlTrg Prdrtice). Company law requiTes the trustees to preyare finwlcial statements for financial year which give a true and fair view of the state of affairs of the charitable company and ofthe incorning resources and application of resources, including Ihe illcome and expenditL]Te, of ihe charitable company for that period. Tn preparing those financial stateEnents, the trustees are required to select suitable wcounting policies and then apply them Consistart. observe the mcthods and, principles inthe Charity SORP" make judgTements and estirnates that are rrathIe and PTudenL prepare the financial statements on the going COD¢ern basis Unless it is inappropriate to Presume that the charitable company will continue in buBiness. The trustees are responsible for keeping pmper accountillg Tec.ords whicb disclose with reasonable accuracy at any titne the financial position of the charitable c4)mpany and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also TW0n7)le for safeguardiDg the &8sets of the charitable company and hence for taking reasonable steps for thp prcvention and detection of fraud and other I[87a[1Éies.
SAME SKY LIMITED REGJSTtRED NUMBER: 112244350 RE4PORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21Y24 Approved by order of the board of trt]stees on..... . and signed on its behalf by.. owden - Trnstee
ILYDEPENDENT EXAMTNER'S REPORT TO THE TRUSTELS OF SAIVIE SKY LIMITED GISTERKD NUMBEIL. 02244350 Independent examiner's reporl to the trn$t8 of Same Sky Limited Cthe CompAny') I report to the charity trustceg on my examinatioll ofthe acc4)utts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company (8nd abo its directors for the pllrp of company law) you are responsible for the preparation of the ac¢oiints ID accordance with the of the Companies Act 2006 (Ihe 2006 Act,). Having sat3sfied myself that tbe accounts of the CoTNpany are not T]red to be audited under Part 16 of the 2006 Act and are eligible for independent examinatio l TqX)rt in respect of my eINatIon of your charity's accounts &s carried out under Section 145 of the Cbarities Act 2011 Cthe 2011 Arf). In carryillg out my examination I have followed the Directions given by the Charity Commi&8ion uoder Section 145(5) (b) ofthe 2011 ACL Independent examiner's statement Since your ch8rity's gross income exceeded £250,0 your examiner must be a member of a listed body. I can conf1rn] that T am qualified to undertake the examination becau I arn a of the Illstitut¢ of Cbartered Account8nts ill England and Wales, which is one of the list¢d ly)di¢s. I have completed my exatnination. l confinn tbat llo matters bav¢ come to attention in connection with the ¢xamination giving me cawse to believe: a¢c¢)unting records were not kept ID Tespeth ofthe Compatty as required by Section 386 of the 2006 Art; or the accounts do not accord with those re¢ords' or the accounts do not Comply with the accouDting requirements of Section 396 of the 2006 Art other tban any requirement that the ar¢ounts give atrue and fair view wbickn is not a llr Considered as part of an independent examination. or the accounts bave not beeD prepared in accordance with the Dwth(xts and principles of the Statement of Re¢on]mended Practice for accounting and reporting by cbarities (applicable to cbarities preparing their accounts in accordance with the Financial Rep)rtI Slandard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters ID ¢onnectioD with the examination to which attentitjn should b¢ drawn in thi& report in order to enable a proper UDderstanding of the a¢¢ounts to b¢ reached. Christopher Robert Tyler FCA DChA FCIE PI CRT Limited Flat 24 Wellingtonia Court Laine Close Brighton East Sussex BNI 6TD
SAME SKY LIMITED STATEMENT OF FINANCIAL ACTivrrIES FOR THE YEAR ENDED 31 MARCH 21124 2024 Total funds 2023 Total fidS ds Notes INCOME AND ENDOWMEIYTS FROM Donations and lega£ies 146 9,94S 10,094 8,338 Charitable activities Aft projects and events 2,905 33,305 36,210 24,343 Other trading activities Investsnent income 75 2.979 273.301 4,196 273,376 7,175 319,108 4,488 Total 6.105 320,750 326,855 356,277 EXPENDITURE ON Raisin8 ndS 1.686 E,686 257 Charltable actlvlties Art projects and events Support costs 98,659 4,563 229,845 328,504 4,563 326,768 4,330 Total 104,908 229,845 334,753 331,355 NET INCOME/(EXPEIYDITURE) Transfer5 betweeo funds {98,803) 95,738 90,905 (95,738) (7,898) 24,922 16 Net movement in funds (3,065) (4,833) (7,898) 24,922 RECONCILIATTON OF FUNDS Total fillS brought forward 76,622 33,835 110,457 85,535 TOTAL FUNDS CARIUED FORWARD 73.557 29,002 102,559 110,457 Tho notes forni part of these fiDancial statements
SAME SKY LnlllTED EGISTERED IqUMBEIL. 02244350 BALANCE4 SHEET 31 MARCH 2024 2024 Total funds 2023 Total fullds Unrestrirted Restricted funds CURRENT ASSETS Debtors Cash at bank 14 80,841 18.814 80,841 47,814 72,848 66,991 29.(X)O 99.655 29,000 128,655 139,839 CREDITORS Amounts fallingr due within one year 15 (26.096) (26.096) (29,382) NET CURRENT ASSETS 73,559 29,000 I02,559 110,457 TOTAL ASSETS LESS CURRENT LIABILITTES 73.559 29,(100 102,559 110,457 NET ASSÈTS 7i,559 29,000 102,559 110,457 FUNDS Unrestrcted fiaS Restricted funds 16 73,559 29,000 76,622 33.835 TOTAL FUNDS 102,559 110,457 The charitable company 1$ entit]ed to exe]0]) from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not requiTed tbe company lo obtain an audit of its financial statements for the year ended 31 2024 in accordance with Section 476 of the Conjpanies Act 2006. Tr trustee$ aclaLowledge thelr reswnsibililies for (a) ensuring that th¢ charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 aDd preparing fi[l¢la1 statements which tiive & true and fair view of the stste of affairs of the charitable compaoy as at the end of each financia] year and of its surplus or deficit for each [anCIal year in accordance with the requiTements of Sections 394 and 395 and which otherwise comply with th¢ requirements of the Companies Act 2006 relating to fLnancial Statemen so ts as applicable to the charitable company. (b) These finallrial statom¢nts have been prepaffd iti aCCordC with the provisions applicable to chaTitable companie5 subject to the small companies regim¢. ements wer¢ approved by th¢ Board of Tht¢eS alld authorisod lor isstse . and were signed on its ithlf by: Th¢ I st on owden- Trustee Thr Jivlcs ft>uD art ofth¢5¢ finaD¢ial slatem¢]rts
SAME SKY LIMITED IYOTES TO THE FINANCIAL SfATEMEI¥TS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparing the financial StateDnts The financial statements of the charitable compary. which is a public bengfit entity under FRS102, have bee prepared in accordance with the Charitie5 SORP (FRS102) 'Accounting and Reporting by Charities: Statement of Recomtnended Practice applicable lo clwiti&s preparing their accounts with the Financial Reporting Standard appli¢able in the UK and Republtc of Ireland (FRS102) (effectiv¢ l January 2019),. Financial Reporting Standard FRSI 02 'The Financial Reporting StandaTd applicable in the UK and Republic of Treland, and the Companies Act 2006. The financial stateFJiei)ts have been pr¢pareAI under the historical cost collvention. The accounts are prepared in ster]nig. which is the functionat currew of the charity. monet amounts in these fanCIal statements are munded to the noarest£. The trusteesldire¢tots ¢onsider that there are no material unC¢¢S about the company's ability to CODtinue as a going concern. Income All income is recognised ID the Statement of Financial Activities once the cbarity bas entitlement to the funds, ÉÉ is probable that the income wlll be receivtd and tbe alnount ¢an b¢ m¢asured reliably, Grants from the GoveroÈneDI aDd other ag¢ncies including grants for the purrhase of fixed assets have been inrluded as income trom activities ill furtberance of the Charity's objects ill the year in whi¢h they are receivable and certainty. of receipt and the an)ounl Can be measured with sufficient reliability, Such income 1$ only deferred when: . The donor spi¢Èfies that the grant or donation must only be used An futsre accounting periods. or - The donor has imposed conditions which must be met befor¢ th¢ Charity I unconditional entitlement. Investtnellt income is a¢¢ounted for on a receivable basis. No amounts are included in thE accounts for services donated by volunteers. Expendlture Liabilities are recognised ag expenditure as soon as there is a legal or conSetive obgli0n committing the cbarity to that expenditure, it is probable ihat a transfer of econo1¢ benefits will be required in settlement and the amount of the obligation can be measured rellably. Expendi(ure is a¢¢ounted for on an accTuals basis and bas been classified under headings that agg¥ee all Cost relad to the category, Where costs cannor be directty attributed to particular headings they bave been allocated to acuvities on a basis consistent with the use of resources, Tangible fixed assets TELe costs of tangible fed assets is written-off oveT their uselul economic liv as follows:. Leasehold Property Over period of lease on a straight line basis Office Equipment 500/0 reducing balance basis Individual fixed assets consisting £250 ot more are capitalised at cost. The charity carries out regulaT illumirnent Teviews of its fixed assets. Taxation The Charity is Considered 10 7ya55 the tests set out in Pardgrdph I Schedule 6 Finance Act 2010 and therefore it meets the derLtiOn of a charitable compally for UK ContiOn Tax purposes. Accordingly the Charity is potentially exempt frotn laxation in resKKct of income or capital gains received withill categories covered by Chapter 3 Part I I Corporalioll Tax Act 2010 or Sertion 256 of the Taxation of Chargeable Gains Act 1992, lo the extent that such iocome OT gains are applied exclusivety to charitable puryx)ses. Fund accounting UJ]restricted funds can be used in acwrdance with th¢ tharitable objeCtiS at the discretion of th¢ trustees.
SAME SKY LtIllITED NOTES TO THE FINANCIAL STATEMEfsTS- continued FOR THE YEAR ENDED 31 MARCH 2024 ACcoUrING POLICIES- continued Fund accounting Restricted funds can only be ed for paCUr Te5tricted putEX)ses within tbe objects of the charity. RestrÈctions arise when specified by the donor or when fllnds a rdised for particular restricted purposes. Further explanation of the nature and purpose of each fimd is included in notes to the fllw]cial statements. Research and developmenl Expenditure on research and development is written off inthe year in which it is incurred. Pension costs and other post-retirement bener The company operates a stakeholder pension scbeme which is a defined colltriblltion scheme administered by NEST. In the current year th¢ ¢mploy¢¢ ¢ontnTr)ut¢s 50/0 and th¢ ¢n]ploy¢r colltribut¢s 30/0. D0Tr4ATIONS AND LEGACIES 2024 2023 Donations 10,094 8,338 OTFtER TRAD]NG AcTTIEs 2024 2023 Sales Project lrtcome 75 273,301 524 318,584 273,376 319,108 LNVESTMENT INCOME 2024 2023 Rents received Deposit account intere 7,065 iio 4,417 71 7,175 4,488 nYCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Art pioje¢ts and events Art proje¢ts and evcnts Online filing incentive Grants 2,905 33,305 3,843 20,500 36,210 24,343 Grants re¢eiveLt included in the abov4 are as follows: 2024 2023 Arts Council England - Burning the Clocks Chalk Cliff Trust - Bumino the Cl(Kks Arts Council England - Winthllsh 23,000 3,000 7,305 17,500 3,000 33,305 20,500
SAME SKY LIMITED NOTES TO THE FINANCIA L STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 RAISING FUNDS Raising donations and legacies 2024 2023 Marketing Research and Development 89 168 1.686 1,686 257 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 8) Support costs (see Dote 9) Totsls Art projects and events Support co3ts 328,504 328,504 4,563 4,563 328,504 4.563 333,067 DlkECT COSTS OF CHARITABLE AcfIviTIES 2024 2023 Workets Fees and Project Costs Rent and Services Li8ht alld Heat Rat¢$ and Water Buildi1 Maintenan¢e lllsurance Postage Telephone and Illternet Equiptnellt Repairs Staiionery Subscriptions and Mernberships Bank and Credit Card Charges CoTllPUter costs Motor and Travel 285,068 1 &092 9,174 1.,202 1.,463 7,837 286,205 17,760 5,110 1,826 2,432 7,340 186 995 1,568 28 419 190 207 423 1,224 119 1,773 885 328,504 326,768
SAME SKY LIMITED I¥OTES TO TH E FINANCIAL sfATEMEKfs- continued FOR THE YEAR EIYDED 31 MARCH 2024 SUPPORT COSTS Govemance costs Support costs 4,563 Support costs, included in the atK)ve. are &s follows: 2024 Support costs 2023 Total activities Independent Examinalion Bookkeeping Filing Fee 1,500 3,050 13 1,450 2,880 4,)63 4,330 10. TRUSTEES, REMUNERATION AND BENEFITS TELere were no trustees, remuneration OT other benefits for the year end¢4J 31 MCh 2024 nor for the year ended 31. March 2023. Trustees, expenses There were no tnE8tees' expenses paid for the year ended 3 l March 2024 nor for the year ended.31 March 2023. 11. STAFF COSTS The average rllonthly munber of employe¢s was 3 (2023 . 3). The oosts in respect of these ernployees were . 2024 2023 Salaries Employers National Insuran¢e Pension Costs 48,340 2.905 752 50,690 3,843 939 Trjo employee r¢ceived emolumelrts in excess of £60.OIX) (2023 . none). The Charity consider it$ key managenutt pvrsonnej comprises the twsÉee8 and the ceo artistic director.Total employment benefits to its key lljanagejnert personnel (Including eItloyerS llational illSUTance and pension contributions) was £20.879 {2023 = £35.485).
SAME SKY LIMITED NOTES TO THE FII¥4ANCIAL STATEME]¥TS- Continued FOR THE YEAR ENDED 31 MARCH 2024 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrrIES Unrestricted funds Restricted fmds Total funds INCOME AIYD ENDOWMENTS FROM Donations and legacies 1.030 7.308 8,338 Charitable activities Art projects and evenls 3,843 20,500 24,343 Other trading activities Tnvestsnent income 13.154 3,486 305,954 1.002 319.108 4,4S8 Total 21,513 334,764 356,277 EXPENDITURE ON Ratsin&7 funds 257 257 Charltable actlvltlps projects and evenls Support ¢osts 102,106 4,330 224,662 326,768 4,330 Total 106,693 224,662 331,355 NET INCOME/(EXPENDITiiRE) Transfers between funds (85,180) 85,350 110,102 (85,350) 24,922 Iyet movement In funds 170 24,752 24,922 RECDNCILL4TION OF FUNDS Totsl funds brougbt fonvard 76,451 9,084 85,535 TOTAL FUNDS CARRIED FORWARD 76,621 33,836 110,457 13. TANCIBLE FIXED AETs Fixtures and fittings Short l¢agebold Totals COST At I April 2023 antt JI March 2024 181,305 40,903 ?22,208 DEPRECIATIOIY At l Aprd 2023 and 31 Match 2024 181J05 40,903 222,208 NET BOOK VALUE At 31 March 2024 At 3 1 March 2023
SAME SKY LIMJTED NOTES TO THE FINANCIAL sfATEMENT5- continued FOR THE YEAR ENDII D 31 MARCH 2024 14. DEBTORS: AMOUNTS FALLING DUX wrrHIN ONE YEAR 2024 2023 Trade debtors Prepaytnents 77,314 3.527 69,321 3,527 80,841 72,848 15. CREDrroRS: AMOUNTS FALLING DUE wrrHtN ONE YEAR 2024 2023 Social security and other taxes VAT Other creditors Accrued expenses 447 23.540 309 1,800 736 25,917 150 2,579 26,096 29,382
SAIIIE SKY LIVi IiTED NOTES TO THE Fll¥ANCIAL STATEMEwfs- continwed FOR THE YEAR IIYDED 31 IViARCH 2024 16. MOVEMENT IN FUNDS Trlet movement itk funds Transfer5 between funds At 31.3.24 At 1.423 Unrestricted funds Generat fund Designated Fund - Research and Development re:Sustainabi]ity Planning 59.302 (98,801) 95,738 56,239 17,320 17,320 76,622 (98,SOI) 95,738 73,559 Restricted lunds Brighton Sussex Medical School Burning the Clocks Cambridge Ceiligh Children's Parade 2023 Children's Parade 2024 Chime Diwali Festival of Lt Glow Wild Horsham Hythe Jack on the GreEn Lconardsl¢e Lindfield Maidenh¢ad Michelbam Priory Mis¢ellaneou5 Polesden Polesden Lacy Winter Ligbts Sh¢ffield Park Springy Forward St Georges Gravesend Thurro¢k Totton Windrllsb 937 {4J24} 3,770 (67) (24,170) 37,394 6.110 2.849 2,529 l3,310 6,172 865 1,887 4,741 3,106 5,482 65l S,128 2,920 3,904 3,29l 3,647 2,431 1819 2,159 3,362 (937) 4,324 (3,770) 67 (8,665) (9,394) (6,110) (2,849) (2,529) (13,310) (6,172) (865) (1,887) (4,741) (3,106) (5,482) (651) (5,128) (2,920) (3,904) (3,291) (3,647) (2,431) (2,819) (2,159) (3,362) 32,835 28,000 1,000 1,000 33,835 90,903 (95,738) 29,000 TOTAL FufiDS 110.457 (7,898) 102,559
SAME SKY LIMITED NOTES TO THE FIIYANCIAL STATEMKIYTS- continued FOR THE YEAR £IND£D 31 MARCH 2024 16. MOVEMENT IN FUNDS- continued Net movement in fund4 included io the knve are &s follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 6,105 (104,906) (98,801) Restricted funds Brighton Sussex Medica] School Burning the Clocks Cambridge Ceiligh Children's Parade 2023 Children's Parade 2024 Chime Diwali Festival of Light Glow Wild Horsbam H>rtbe Jack on the GTe¢n Leonardslee Lindfield Maidenbead Miche]ham Priory M1scellaneous Pole5den Polesden Lacy Willter Ligbts Sbeffield Park Spring ForM•rd St Georges Graves¢nd Thurrock Totton Windrush 2,0(K) 41.947 4,600 I,075 6,530 52,379 16.500 4,300 6,707 53.000 22,931 4,400 8,316 8,203 8.600 14,260 2,5(K) 8J25 8,700 8,000 7,000 9,665 3.707 3,850 3,950 7,305 (1,063) (46,271) (830) (1,142) (30,700) (14,985) (10,390) (1,451) (4,178) (41,690) (16.759) (3,535) (6,429) (3,462) (5,494) (8,778) (1,849) (3,197) (5,780) (4,096) (3,709) (6,018) (1,276) (1,031) (1,791) (3,943) 937 (4.324) 3,770 (67) (24,170) 37,394 6,110 2,529 13,310 6,172 865 1,887 4,741 3,106 5.482 651 5,128 2,920 3,904 3,291 3,647 2,431 2,81.9 2,159 3,362 320,750 (229,847) 90,903 TOTAL FUIYDS 326.855 (334,753) (7,898)
SAME SKY LLvirrED NOTES TO THE FINANCIAL ATEMENTs- continuol FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT TN FUNDS- Continued Comparatives for movtment in funds Net movement in fiinds Transfers between fllnds At 31.3.23 At 1.422 Unrestricted funds General fund Desigllated Fund - Research and Dev¢1opment re'.Sustainability PlaDnihg 59,131 (85,179) S5.350 59,302 17020 17,320 76.451 (85,179) 85,350 76,622 Re5trict¢d funds Bore Place Burning tbe Clocks Chichester Children's Parade 2022 Children's Parade 2023 Diwali Festival of Ligl]t Gloriana Glow Wild 2,348 (1,970) 3,655 (13,429) 32,835 1,929 15,623 1,488 15,873 3,914 6,548 2,023 6,151 6,740 1,812 6,804 12,332 583 (2,348) 1,970 (2,544) 4,078 (i.iii) 9,351 32,835 (1,929) (15,623) (1,488) (14,873) (942) (6.548) (2,023) (6,151) (6,740) (1,812) (6,804) (12,332) (583) (984) (4,955) (2,008) (711) 1,000 (2,972) Hounglow Jack on the Gr¢¢n Leonardslee Maidenhead Miscellaneous National Trust - Xmas Platinum Jubilee Pageant Sheffield Park Si Georges Gravesejjd Totton Uckfield Wildheart 4,955 2,008 (3.105) 3,816 9.084 I10,ioi (85,350) 33,835 TOTAL FUf4DS 85.535 24,922 110,457
SAME SKY LIMITED NOTES TO THE FINANCIAL STATEMENfs- continutd FOR THE YEAR ENDII D 31 MARCH 2024 16. MOVEMENT IN FUN]XS- continued Comparativ¢ net rtlovement in fimd& includ¢d in the above are follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 21.513 {106,692) (85,179) Restricted funds Bore Place Burning the Clocks Chichester Chitdreft's Parade 2022 Children's Pardde 2023 Diwali Festival of Light Gloriana Glow Wild Horsham Hounslow Jack on the Green Leonardslee Maidenh¢ad Mis¢¢llaneous National Tn]st - Xmas Platinum Jubilee Pageant Sheffield Park St Georges Graves¢nd Totton Uckfield Wildheart 3.600 32,S95 5,(X)I 19,636 41,143 4.300 3l,988 5,000 57,033 16,436 l8,000 8511 8,068 15.605 5,719 15,117 28,OIN) 3,000 3,401 7,140 5,171 (1,252) (34,865) (1,346) (33,065) (8,308) (2,371) {16,365) (3,5l2) (41,160) (12,522) (11,452) (6,488) (1,917) (8,865) (3,907) (8,31.3) (15,668) (2,417) (2,417) (2,185) (3,163) (3,105) 2.348 (1,970) 3,655 (13,429) 32,835 K,929 15.623 1,488 15,873 3,914 6,548 2,D23 6,151 6,740 1,812 6,804 12,332 583 984 4,955 2,008 (3,105) 334,764 (224,663) I10,ioi TOTAL FUNDS 356,277 (331,355) 24,922 Th¢ purpose of eacknTestricted fimd was as follo Brigbton Sussex Medical School Banner making project with staff and stlldents c¢lebrating 20 years of thE medical school. Burning the Clocks annual large scal¢ commllY lalllcrn parade with 20.0(K) audiCe and 2,500 participants. Cambridge ConllnissiotL for Royal Botanic gard¢ns- Ceilidb Brighton festival bcDefit evellt. Children's Parade 2023 Children's Parade 2024 Larg¢ scale annual schools. participation proiecl with 5.000 Childr and 65 schoo]s. Delivered Èn a 6 month period from October to earty May. Chin]e
SAME SKY LIMITED NOTES TO THE FINALYCJAL STATEMKNfs- continued FOR THE YEAR EM)ED 31 MIIRCH 2024 16. MOVEMEIYT IN FUNDS- CODtinued Conmiunity engagemen* progFrnm leading to a town centre parade and celebratioll as part of Arts Council's creative people and pjaces. Diwali Reading and Basingstoke Diwali parades 5upportffjg local Asian kd group Kala the Arts. Festival of Light A series of Kent based lit parades and i[allationS wilh and for communities ID Kent delivered with our partner Cohesion Plus. Glow Wild 10th annual ev¢nt working with schools. C0MUnity groups and staff to engage with thts aDnual ligbt trail. Horsham Large scale event in Horsham delivering annual bespoke Childrell's parade with 22 Horsham schools and a tsacher and pupll trainiDg prow. Hythe Whole s¢bool engageDient ¢vent for winter lights. Jk on the Gree Lit 3-ni8ht park event foy the communities of Worthingv no in its 7th year. Leonaraslee Support for artists worf(ing on this Light Trail. Lindfield CelobTatory spring event for vi]lage fayre schools workshops and parade. Maidenbead Town centre Xmas parade with s¢hools colleges and ¢onJtnunity groups. Michelbam Priory Halloween event at local stately holl centre. Pole5d¢n A S¢Ties of daine engagements with n&ional trust propety Pol&s¢d¢D Lacey. PolesdeD Lacy Wjntsr Lights Light slkow national trust propoty POlesle Law. ShefficldPark AntLual waterlily festival at thi5 iconic national trust site. Spring Forward New comtnunity and h0O]S Project for Crawley town centre WOTkshops and event. St GeoTLFes Gravesend mult1cuitLal St George's parade5 in K¢nt 30 schoo]s. ThU0¢k Lit event in kent near Dartford bridge. Totton Support for delivering a commutiity lanternpatade in Totto Windn]sh
SAME SKY LTMITED NOTES TO THE FINANCIAL sfATEI*IKIYfS- continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS- continued Conllnunity event working with BME conmmtteS comrnorattng the anniversary of th¢ WilldNsh. 17. RELATED PARTY DlSCtA>SURES There were no related party lrn)sactions for the year ended 31 March 2024. 18. ULTIMATE CONIIiOLLING PARTY UltitTLate control lies with the directorshrllstees. 19. STATUTORY INFORMATION The oharity is a company limited by 8varantso llaving Do share capital. Tn accordan¢e with Clause 6 of the Memornldum of Association every member is liable to coDtrtbut¢ a sum up to MLMn of £1 in the event of the CODtyany being wound up. tll th¢ event of the willding up or dissolution of th¢ cotnpany ally assets remaiDiD& after satisfying of all its debts and liabilities, shall be transferred to some other Chtable institstion or institutions havillg ssmilar objects. The company's registered number aDd registered office address can be found in the 'Legal and Administrative Inforniation, section of the accounts.