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2023-03-31-accounts

Charity Registration No. 1044256

Company Registration No. 03012433 (England and Wales)

CHOL INTERNATIONAL ARTS

TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023

CHOL INTERNATIONAL ARTS

CONTENTS

Page
Trustees' report 1 - 4
Independent examiners' report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8 - 10
Detailed statement of financial activities 11 - 12

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CHOL INTERNATIONAL ARTS

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their report and accounts for the year ended 31 March 2023.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charitable company's governing document, the Companies Act 2006 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.

Structure, governance and management

The charitable company is a company limited by guarantee and is a registered Charity.

Board of Trustees Michael Connell
Deborah Dickinson
Alison Wayman
Lorna McGinty (Chair)
Danielle Battersby
Mahnoor Anees Khan
Faye Kamsika (appointed 27 April 2023)
Company Secretary Jessica Woodhead
Registered Office 5 Slant Gate
Linthwaite
Huddersfield
HD7 5RQ
Charity Number 1044256
Company Number 03012433
Reporting Accountants TaxAssist Accountants
1stFloor, Midland House
77 Huddersfield Road
Mirfield
WF14 8BL
Bankers HSBC
2 Cloth Hall Street
Huddersfield
HD1 2ES
Staff Members Lauren Ash Creative Projects Director
Vicky Storey Creative Projects Director
Jessica Woodhead Creative Projects Director
Carly Clarke Creative Projects Director
Mandeep Samra Creative Projects Director
Ruth Dyer Artist/Facilitator

Chol: Igniting a creative revolution where every young person feels powerful, valued and connected.

What we do

We co-create theatre in everyday community and educational spaces with children and young people from early years to early career. Our practice increases artistic skills, creativity and confidence bringing the arts into the heart of local communities.

How we do it

Chol is a charity and a company limited by guarantee. Our trustees are legally responsible for the work of the organisation. However, day to day running of the charity is delegated to the Chol-Operative. This radical company model is a flat structure, with equal pay, a commitment to diversity, and action led research. The Chol-Operative co-

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CHOL INTERNATIONAL ARTS

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2023

creates the programme of activities with children, young people and partners. We now design, deliver and reflect on all of our work through an anti-racist approach, our Strive practice.

Strive

The initiative has now evolved to be a crucial element that we embed in our whole programme of work. We are committed to developing this framework throughout 2023/24 to constructively interrogate our purpose, vision, values and approach to our programme of work, our company structures, our working culture, policies and approach to recruitment. It is a journey, not a tickbox.

Message from Ally Wayman & Faye Kamsika, on behalf of the board of trustees.

This year has been one of change, challenge and reflection for Chol. We have continued to develop the CholOperative model into a dynamic, balanced company that reflects our core belief in acting with radical kindness. This process has proved the individual company members to be generous and inspirational experts in their field, and as co-chairs we are so proud to be supporting them in their creation of brand new, exciting work. This is being realised in schools, communities and through consultancy work UK-wide which is further establishing Chol’s reputation in areas such as leading quality arts education, to the celebration of diverse communities’ stories.

We are delighted that Chol has been recognised by Arts Council England as we have been welcomed back into the National Portfolio of Organisations 2023-2026. The future for Chol feels exciting and positive. This is especially appropriate this year as a new generation has – literally – been born. As Chairs we would like to recognise the way all the members of the Chol-Operative have supported each other producing projects of depth and integrity while covering maternity leaves and rebalancing priorities. While this has made us re-visit our finances and look at what is realistic as well as possible, we believe the company has emerged stronger and more united. We would like to take this opportunity to thank Lorna McGinty for her immense work as Chair of Chol through the very difficult Lockdown and post Covid period. Our heartfelt thanks extend to everyone who has supported Chol with their time, knowledge and good will.

Artistic highlights:

From April 2022-March 2023 we:

Caring & Creative Curriculums: This is the first full year of Chol’s new Caring & Creative Schools programme supported by Paul Hamlyn Foundation. As part of this work we partnered with 16 schools working directly with children and training teachers, we connected with arts education organisations across the region, taught at universities and began our focused evaluation and research into caring practices. This project has enabled us to launch our bold ten year strategy to put Yorkshire on the map for its innovative reimagining of education through creativity and care.

Heritage & Culture: A trio of new heritage plays have been developed and performed with communities through oral histories and storytelling. A Flock of Stories is a play about women and the 1984 miners strike, made in collaboration with RSPB and funded by Heritage Lottery. An Irish Welcome is a celebration of the Irish community in Huddersfield and was developed as part of HSHAZ and funded by Historic England. Finally, Three Pound in my Pocket is a new outdoor performance sharing stories of partition and the journeys made to Yorkshire commissioned by Let’s Go Yorkshire, funded by ACE & Kirklees Council.

Social Arts: Listen 52 was our arts engagement and youth leadership project in Sheffield co-created with children and young people (CYP), culminating in a performance at Site Gallery in July 2022. The Young Producer Internship model provided 10 young people with paid creative career development over a 6 month period. This dynamic performance, a culmination of months of work with the Young Producers and CYP across Sheffield, was a vibrant showcase of their

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CHOL INTERNATIONAL ARTS

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2023

voices, concerns, and fears. The audience was treated to an immersive experience that delved into future issues and urgent topics, igniting a powerful call to action.

Finance & Fundraising

The charity relies on project grants, fee earning work, commissions, and donations from individuals. We successfully wrapped up an Arts Council England project grant in September 2022 (£49,855) and secured National Portfolio Organisation funding for 4 years starting on 1st April 2023 (£380,000). We are approaching the final two years of funding on a current project with Paul Hamlyn Foundation (total grant of £325,000 over 4 years). We were also successful in gaining another grant from Arts Council England’s Lets Create Jubilee fund (£7,450) to develop Barnsley’s Days of Joy in summer 2022.

In addition we were commissioned by PHF to deliver evaluation consultancy to PHF funded projects across the UK (£45,260), Kirklees council and Historic England to lead on and deliver on Kirklees the High Street Heritage Action Zone (£20,800), and finally Kirklees Council to deliver summer camp provision in communities (£11,269). This was supplemented by Individual donations of £1,601.65, and earned income of £81,257.

We have reduced our reserves by £11,012 and therefore ended the year with unrestricted reserves of £36,312.

Thanks to our Partners and freelancers:

Paul Hamlyn Foundation, Stephanie Sim of Arts Council England, Steph Green of Stage Directions, Lisa Stephenson of Leeds Beckett University, John Lambe and Nigel Hunston of Kirklees Council, Tiffany Haigh of Kirklees Libraries, Chloe Williams of The Children's Art School, Sarah Godfrey of Chula, Dr Becky Parry, Lauren Townsend, Liz Harding and Jayne Wood of RSPB at Old Moor, Paul Floyd Blake, Emma Williams, Joe Gilmour-Rees, Tamar Draper, Beccy Dye, Paul Bateson, Grace Darbyshire, Alex Barrett, Abbey Walters, Trevor Grossett, Sean Lovell, Zac Doughty, Jess - Gray, Peter Martin of Site Gallery, Kerry Lindeque, Sheffield College, Fusion, Evoke, Create Sheffield, Kathy Coates Mohammedof Shape North, Lawrence Batley Theatre, Bob Mynors, Chris Reece & Marcia Layne of Sheffield Volunteer Libraries, Rebecca Maddox, Katie Ponting of Barnsley Libraries, Jack Riley and Barnsley Youth Theatre, Jude Holland of Barnsley Museums, Nicola Harding, Emma jackson, The Rockingham Brass Band, Barnsley Brass Band. Our partner schools; Wellhouses, Chellow Heights, Kings Oak, East Bierley , Coleridge and Boniface.

On behalf of the board of trustees.

Lorna McGinty, Chair of Chol

Dated …………………………..

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CHOL INTERNATIONAL ARTS

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF CHOL INTERNATIONAL ARTS

I report on the accounts of the charitable company for the year ended 31 March 2023, which are set out on pages 4 to 8.

Respective responsibilities of trustees and examiner

The trustees, who are also the directors of Chol International Arts for the purposes of company law, are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011, the 2011 Act, and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

TaxAssist Accountants 1[st] Floor, Midland House 77 Huddersfield Road Mirfield WF14 8BL

Dated: …………………………

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CHOL INTERNATIONAL ARTS

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
Restricted
funds
funds
Notes
£
£
Incoming resources from generated funds
Charitable income
2
148,919
-
Investment income
3
215
-
149,134
-
Income received from charitable resources
-
113,588
Total incoming resources
149,134
113,588
Resources expended
Charitable activities
Charitable activities expenditure
88,418
113,588
Other resources expended
71,728
-
Total resources expended
160,146
113,588
Net movement in funds
(11,012)
-
Fund balances at 1 April 2022
47,324
-
Fund balances at 31 March 2023
36,312
-
Total
2023
£
148,919
215
149,134
113,588
262,722
202,006
71,728
273,734
(11,012)
47,324
36,312
Total
2022
£
129,194
8
129,202
128,711
257,913
166,653
68,887
235,540
22,373
24,951
47,324

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

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CHOL INTERNATIONAL ARTS

BALANCE SHEET

AS AT 31 MARCH 2023

2023
Notes
£
Fixed assets
Tangible assets
6
Current assets
Debtors
7
4,066
Cash at bank and in hand
56,075
60,141
Creditors: amounts falling due within
one year
8
(29,524)
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
Unrestricted funds
2022
£
£
5,695
12,298
70,915
83,213
(42,407)
30,617
36,312
-
36,312
36,312
£
6,518
40,806
47,324
-
47,324
47,324

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

The accounts were approved by the Board on ……………………..

Alison Wayman Lorna McGinty

Company Registration No. 03012433

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CHOL INTERNATIONAL ARTS

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Companies Act 2006.

1.2 Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

2 Charitable income

2023 2022
£ £
Donations and gifts 1,602 2,024
Earned Income 147,317 127,170
148,919 129,194
3 Investment income
2023 2022
£ £
Interest receivable 215 8

4 Trustees

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

During the year £546 was paid in trustees’ expenses (2022: £257.54).

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CHOL INTERNATIONAL ARTS

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

5 Employees

Number of employees

The average monthly number of employees during the year was:

2023 2022
Number Number
Full time 4 4
Employment costs 2023 2023
£ £
Wages, salaries & National Insurance 110,432 119,653
Employer pension costs 2,839 2,530
113,271 122,183

There were no employees whose annual remuneration was £60,000 or more.

6 Tangible fixed assets

Motor Vehicles
Freehold
property
Plant and
machinery
Fixtures and
fittings
£
£
£
£
Cost
At 1 April 2022
2,392
2,294
3,318
16,648
Additions in the year
-
-
-
-
At 31 March 2023
2,392
2,294
3,318
16,648
Depreciation
At 1 April 2022
498
-
3,166
14,470
Charge for the year
473
-
23
327
At 31 March 2023
971
-
3,189
14,797
Net book value
At 31 March 2023
1,421
2,294
129
1,851
At 31 March 2022
1,894
2,294
152
2,178
7
Debtors
2023
£
Trade debtors
3,048
Prepayments and accrued income
1,018
4,066
Total
£
24,652
-
24,652
18,134
823
18,957
5,695
6,518
2022
£
12,298
-
12,298

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CHOL INTERNATIONAL ARTS

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

8 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,443 -
Accruals 1,719 2,130
Deferred income 29,083 37,010
Other taxes and social security (3,471) 2,689
Other creditors 750 578
29,524 42,407
Included in Deferred income above are the following grants received during the year:
Paul Hamlyn Foundation 27,083 27,083
Kirklees Council – Windrush Project - 4,000
Listen 52 Project - 5,927
Creative Minds 2,000 -
9 Pension and other post-retirement benefit commitments
Defined contribution
2023 2022
£ £
Contributions payable by the company for the year 2,839 2,530

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CHOL INTERNATIONAL ARTS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2023

INCOMING RESOURCES
Activities for generating funds
Earned Income
Donations and gifts
Investment Income
Deposit account interest
Incoming resources from charitable activities
Arts Council Grants for the Arts
Paul Hamlyn Foundation
Oher Grants
Total incoming resources
Resources expended
Charitable activities
Wages & national insurance
Pension contributions
Project workers
Telephone
Postage and stationery
Travel and motor expenses
Documentation and marketing
IT costs
Cholavan Motor expenses
Support costs
Management
Wages & national insurance
Pension contributions
Rent, rates and insurance
Bank charges
Interest charges
Sundries and hospitality
Training
Repairs
Carried forward
Total
2023
£
147,317
1,602
148,919
215
25,869
65,000
22,719
113,588
262,722
60,453
1,554
132,707
1,265
41
469
1,592
460
3,465
202,006
49,979
1,285
989
328
11
-
880
72
53,544
Total
2022
£
127,170
2,024
129,194
8
19,000
89,917
19,794
128,711
257,913
62,426
1,279
94,324
890
78
323
2,481
-
4,852
166,653
57,227
1,251
1,610
302
-
35
-
-
60,088

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CHOL INTERNATIONAL ARTS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2023

Brought forward
Office costs
Admin costs
Accountancy
Professional fees
Plant and machinery depreciation
Fixtures and fittings depreciation
Motor vehicles depreciation
Total resources expended
Net (loss) / income for the year
53,544
645
15,582
1,134
-
23
327
473
71,728
273,734
(11,012)
60,088
251
6,252
1,050
-
27
384
498
68,887
235,540
22,373

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