Cli&¥ity Rggksts&fititt 1044266 Company Reglstratlon 140. 030124331England and Wales) CYOL I%TElS4TIO1l.4L .4RTS TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
Ch'tsL It41 ERKA-I IQNAL AR"1 S CONTENTS Pago Trustees, rewt Independent examiners, report SL3tement of firiancial activities Balance sheet Notes to the accounts 8-10 Detailed ststement of financial activities Page-2-
Ch'OL114TERf%ATEof'AL ARTS TRUSTEES, REPORT FOR THE YEAR ENUEO 31 hlARCH 2024 I he trustees present their repDr£ ar aolS for the ye8.. etxjed 31 March 2024. The accounts have been prepared in accordance th the accounting policies set out in note 1 to the accounts and compty with the charitable CoMpanS goveming document. the Companies Act 2006 and the Statement of Recommertrled Pracbce. "Accounting and Reporting by Charitles" issued in March 2005. struct.iirp ?nd mn?.eypmp.nt The charitable company Is a company limited ty guarantee and is a registered Charity. Board of Twstees Michael Connell Alison Wayman (Co-chair) Lorna McGinty Danielle Battersby (resigned 2 January 2024) Faye Kamsika (c(chair) (appointed 27 April 2023) Jessica Woodhead Company Seuetary 5 Ql-rt r.y14 Linthwaite Huddersfield HD7 5RQ CharÉly 11>4A2 Compary Number 03012433 Reporting ArrA.tan•S T:2Y.4¢i*t A.crrthants 1st Hoor, Midland House 77 Hudder8field Road Mirfield Bankers HSBC 2 Cloth Hall Streat HD12ES Staff Members Lauren Ash Creative Projects Director C.reA+yyn Prorctq Director CreatNe Projects Director Creative Projects Director Creative Projects Director ArtistlFacilitator Jessica Woodhead Carfy Clarke Mandeep Samra Ruth Dyer Chol: Igniting a croaÉlve revolution whern every youré9 leels powerful. valued afid connected. We are Chol. A dyrtamic and Paocially consdous theatre c%Jmpany and registered charity based in Yorkshire slncè its founding in 1989. We work with children ai)d young people from early years to early eer across Yorkshire and the North, prioritising work in Kirklees, Bamsley and Sheffield. Our approach is entirety Collaborative, working In everyday community and educational Settings to ccreate stories that are rooted in communities and local heritage. We are committed to nurturing the next generation of crealive change makers, supporting children and young people to know and understand that they can be adive In making positive thange happen In their lives and in their communities Page-l-
CHOL INTERt4ATIOk4AL ARI S
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
In 2020. we transitioned into the Chol-operative. our democratic & induslve compary model; we are a wc#xan-led
team. working in a flat structure with equal pay. The model was bom through a desire to create more acCesbIe
Ii¢)Ji} "QilEiiyg in
senior positions in arts companies. Working in the Chol-operative 1$ urKlerpinned by our shared drlve to understand
and challenge inequty in all aspects of the way we Nn our mP8ftY and deliver our creative programme.
- 81yoach. Wc call tlis initiative
Strive. This has evolved to be a crucial element that we embed in our whole programme. Our Strive frarnework
ensures that we constructively interrogate our purpose. vision. values and apwoach to our VKJrk, our company
structur, ¢yJr Yjrklru ndtrr), rx)lIr_4 and to rgrmitn.4nL 8trive 18 t1. h-.!tipg of (yjr w)rk' it Ès a
ioumey, not a tlckbox.
Message frorti AIE¥ '¥art & faye fiaThLslka, on behalf of the board of tyustees.
The year 20234 was one of change, challenge and refiectlon for Chol. As a board we moved
from ha'4iilg 4 $4ilknX!o C'ialr 14ilQ ]X..-.21it aibj '
CliJL ItTCPtAT1OtAL APTS
TRUSTEES. REPORT
FOR fif& Y.4.? '=,1-0 31 JA..4 x024
ArtLtlr. IFlp•b!l•ph+o:
From April 2023-March 2024 we:
Delivered creatNe leaming throLvJh the arts with 2178 ctiildren in schools across Yorkshire
F-tv)W 4511-titl¢tren I)Wr) iti irts or in rnn}ilty 9g&ngs
ccreated and perforn)ed 3 new wblic perfomiances 45 community participants
Trained 370 educators and artists in creative education
IL41L
to 1380 chlldren. young people, and families
Employed and nurtured 13 young artists through our paid Young Producer Intemship and Ywng Artist
Supported 28 arts educatlon projects in creatfve organisation8 arKI educational settings with high quallty
evaluation to devdop ihelr leaming
Guioe(i 6ts Ckiil(iteli li)ftsIli theij Lxploie Ar Awat(i
Caring & Creatlve Cuniculums.. Through our Caring & Creative Sch¢y)Js Residen(aes we have worked 12 partner
schools, direcuy reacriing 1012 cth'ldren with hign quality, arts-based leaming and experieiibys, &ross the curriculum.
These residencies include an extensive prOf1Onal development wogramme ts teachers and freelance artists to
further understand arts, equity and caring pedagogies. This year we also launched Chol's new Evaluation Playbook
to deep1 leai iiiiiy ari(i tsul spe¢i
CVOL IPITFRNII.TIOKIII.L P.PTS TRUSTEES, REPORT FOR filE °fAR =.NDLD 31 AI..IRLH 2024 Liz V-•rtss¥o I ri K.. (Jf PSPP) <.4 (kti K'., Tra,~{ fiijyd P.l(1s.c", frsillli• YyLilic4llS. 1.Y rtye, &leson, Grace Darbyshire, Alex Barrett, Abbey Walters. Sean Lovell, Kerry Lindeque, Sheffield College. Fusion, Evoke. Create Sheffield, Kath Coates-mohammedof Shape North. Laence Batley Theatre. Rebecca Maddox, Klaisha . tsd, knk Aloy &4"IlkLry Yotslil I Jthje th.lIty •?.xktht vf athikley 1141useums, Nicola Harding. Bamsley Brass d. Our partrRr schools. Wellhouses. Chellow Heights, Kings Oak, East Biertey , Coleridge, Boniface. Bilton, and Seven Hills. Andy Smith. artists on Angry Girls, Amlna Beg. Rosheen O'Hanlon, Rihari) Issao, lthillie kisl lei, Lllitr M<iy bl¢l(kn11i, JaEiFiiiie JoIs, Asl)iea SrJe(Ittsii.Eiopliia J<lliiW•. A(ield Phiknpi. Flo Gill. Maia Gaskdl, Angelina Abel, Oakwood SecorKlary School. Apna Haq, Element Sodety, Sheffield Theatres, Hardeep Sahots, Nisha Lall. Nathan Geering, Dayitmers Danr8, Northem Quarter, Pat Cochrane, Smeaton o)nference, Culture ¢)n Yr Cy)rntep partne. Arts Cataty*. Slmon Pary. Lindsey Hderfield Uniyersity, St Pauls. Storymakers. Cath Pike and Emma Simpson of Kithlees Museums and Galleries, Daylimers, On behalf of the board of trustees. Alison Wayman, Cfrchair of Chol Dated ... Page-4-
CHOL li4"1 Ek14A-I i()k4AL Ak"I S INDEPENDENT EXAMINER'S REI)ORT TO THE TRUSTEES OF CHOL INTERNATIONAL ARTS I raport on the accounts of the charitable company for the year ended 31 March 2024. which are Set out on pages 4t08. trustees, who are also thè directorn of Chol Intemational Arts for the puSe$ of company law, are responsible for the preparatton of the accounts. The trustees consider that an audit is not required for this year under section 14W,?) of C-..,t1-." Prt 2011. ?011 p.rt 8. tYL2t 8n inde..xJ# c¥*1 io wlyl. Having satisfied myself that the charity is not subj'ect to audlt under company law and is eligible independent examinqtion. it is my rp8nnnqibility to: (i) examine the accounts under section 145 of the 2011 Act. (li) to follow the procedures lald down in the general Directions glven by the Chatfjty Commlssion under sectlon 145(5)(b) tsi ITE £01 fj Aci, aiKi (iii) to state whether partscular matters have come to my attention. My examination was carried out In accordance wlth the general Dlrections given by the Charity Commlssion. An examination irrjudes a review of the accounting records kept by the charlty and a comparison of the accounts pr&¢etr4d y.iiti th4¢-.. rc.:Mrilp It plqfj intsl.pk4r&e con.¢ide.rp•4in of 8ny iJn(Ivji>J ite.nKR or the. 8CC4Yrts and seeking explanations from you as trustees concernirKJ any such matters. The procedures undertaken do not provide all the evFdence that would be requlred in an audit and consequently no opinion is given a$ to whether the accounts present a Irue and fair vieMI and the report is limited to those matters set Olrt in the statement below. Independent è&liilèilèt'S (a) which gives me reasonable cause to believo that in any material r88pect the requiremerits: (i) to keep accountin9 records in accordance with section 386 of th6 Companies Act 2006. and (il} to prepare accounts which accord with the accounting records. comply with the accounting requirements of 396 of the Companies Act 20(E and with the methods and principles of the Statement of Ri>J)fiiiiierKJ4d lJraGiice: Awouiiliil¥J ¢iiirfJ tLw liiig oy Cii¢uiii¥•b," (b) to vthich, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to bè reached. TaK4ssist Ae.countants ?. Floor, Midland House 77 Huddersfield Road Mirfield Pag¢-5-
CHOL Ek4TER14ATkONAL ARTS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INGOMt ANU ÈXPLNL)I fUIIE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Totsl 2023 funds 2024 Charltable incom• 113,195 113,195 148,919 215 Incon* recelya4.fr£Yn tbarf12bJe Tesour£es 114,172 114.172 149,134 113.5&8 Total Incomlng resources 114172 201.191 316,363 262,722 Charltabl• activltles charItab actlvltle8 oxpendlturn 25,422 S¥?SQ 161.252 186,674 202,006 71.798 Total rn80urces •xpend•d 77.672 201,191 278.863 273.734 Fund balances at 1 Aprll 2023 (11,012) 47,324 36,312 36,312 Fund balances at 31 March 2024 72012 72M12 36,312 The statement of financlal acVItIeS also compl1•8 wlth the r•qulraments for an Income and exp•ndlture account under tho Companl8s Act 2006. Page-6-
CI ;OL. IKTFP&i 'il.Tgof4p.i fi.RTS BALANCE SHEEr AS AT31 MAgeH 94 ts24 21x23 Flxed assets Tangible assets 5,695 Debtors Cash at bank and in hand 12.921 103,779 56,075 Credltors.. amounts falllng due wlthln on• year IY),141 (48,931) (29,524) 67,78Q 30,817 Total assets le8s current Ilablllfjos 72.812 36.312 Inconp. RestrFCted funds Unrestricted furKIs 72,812 36,312 72,812 36,312 2006, for the year ended 31 March 2024. No member of the company has deposlted a notice, pursuant to Section 476, requiring an audit of these accounts. The. dtrertor ?ngLlld their )nSIbIlItIe for ensur4 the eomp2ryy keeps 8eeourttinq ree4wcls lch CoMY with section 386 of tho Act and for preparin9 acwunts which tyve a true and tslr view of the state of affairs of the company as at the end of the financlal year and of its incoming resources and applicatlon of r8sources. induding its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and whith tr,0 of i% ?.1 [.JI)j k) y) i ""s to the company. These a(%%JIllI Irdvè IEèi"I pf¢pdl'¥Q' ifi iiL¥tsO<S1'K willi t1 specid wtsvi14011s rdab'iw to ts)iJan coriiparjies within Part 15 of the C¢Jnpanies Act 2008. 11_9_1 Theaccounts TRr6appn)ved bythe Boardon................... Alison Wayman Trustee & Ctrchair Faye Kamiska Trusts6 & Co-chair Company gIstratIOn No. 03012433 Page-7-
LHOL Ih41 ERk4A"I IL>HAL Ak< I S NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1.1 Basls of preparatlon &t The accounts have been prepared in accordance with appllcAble aUntIng slandards, the Statement of RecommerKled Practice, 'AUnts"ng and Reporbng by Gharitses", issued in March 21KJb and the Companies Act 2008. 12 Tanglble yell qq8ets Aapreclation Tangible fixed assets other than Ireehold land are stated at cost les8 depreciation. Depre¢iation is provided at rates calculated to vnite off ¢ost less estimated residual value of each asset over its expected useful life, as follows: 1r.% REYkr4frf• fdprK+ 15% Reducing Balance 25% Reducing Balance Fixtures, fittings & equipmenl Motor vehicles 2024 2023 t)onatioriS and gifts Eamed Income 1,602 147,317 111363 113,196 148,919 Investsn8nt In 2024 2023 Interest receivable 977 215 There were no trustees, remuneration or other beneffts forthe yearended 31 Marth 2024 norforthe yearended 31 March 2023. During the year £769 was paid in Iru8tees' expenses (2023: £546). Page-8-
CI ;OL IfK'TfRKP.TIOPK'P.L &Q.RTS NOTES TO THE ACCOUNTS (coriNuED) FOR THF YF.? eNDFO 31 y.q,geH 24 Number of •mployo 2024 Number 2023 Number Full time Employmont costs 2024 2023 Wages, salaries & Nation* InsurarKe Employer pension costs 123.944 2,825 110,432 2,839 126.769 113,271 Tanglble flxod assots rL¥tal property rnxhln flttlngs At 1 April 2023 Addltions In the year 2,392 2.294 3,318 16,648 24.652 At 31 iaa¥iA) iu24 J,J18 24.&ti2 At 1 April 2023 Charge for the year 971 355 3.189 14,797 278 18,957 652 At 37 aar£h )1)24 l.V_8 19,Str3 Nat book value At 31 March 2024 2.294 110 1,673 129 5,0ry5 Debtors 2024 2023 Trade debtors Pry?aymp.nts ¥¥1 irrp4ne 11.403 1.%48 3,048 1,018 12.921 4.066 Page-9-
Cl ;?L11,'TrrrKn.Tiofip.L P.RTQ NOTES TO THE ACCOUNTS (CONTINUED) FOR THF ye..4,9 eNOF0 31 a4.IIReH ?Q?4 Greditovs: amouriis 1alli1 withi¥1 (me yed 2tr23 Accruals Deferred income Other laxe8 and social security Other creditors ,144 1.176 32,352 6A76 1,443 1,719 29,083 {3,471) 750 48,931 29,524 Paul Hamlyn Foundation Vduntary Action RothertRm- Flux Creative Mints 29,792 27,083 2,000 D•flned ¢ontrlbutlon 2024 2023 Contributlons payaue by the company for the year 2,825 2,839 Page-10-
hJL114TÉRhATIOk4AL ARTS DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 lotal 2024 "lotsl 2023 INCOMING RESOURCES -IctlyJlry fty £vAT21Q ¥id5 Eamed Income Donations and gifts 112,303 147,317 1,802 148,.919 Deposit account interest 977 215 Arts Council NPO Arts Council Grants for the Arts Paul Hemlyn FtXyxl Oher Grants 95,000 25,869 6.fj 000 22.719 37,400 113,588 Total Incomlng resource3 316,363 262,722 L" . Charltable activltl•s Pension contributions Project workers l etephu Postage and stationery Travel and motor expenses OoCufftaita &hJ ill&"rf¥iii IT costs Cholavan Motor expenses 1.629 112,216 1,554 132,707 1,265 41 469 1,592 2.203 4,1ti6 fsf Support cost8 Management 49.YT9 1,285 989 328 11 Pension contributions Rert rates and Insurance 1.196 Interest charges Training 1652 Carried foThvard 88.017 53,544 Page-11-
CHOL INTERNAIIL)14AL AF<'i DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Brwja kx 53,544 Office costs 15.582 Marketing staff errtertaining 9.335 413 Accountancy Professional f883 .B8d tjebts Plant and machinery depreciatlon Fixtures and fittings depreciation lQolor ¥ehLnles (*retspi tiyj 1,176 213 1,134 23 327 473 278 92,189 71,728 ?73,734 Net (loss) I Income for the year 36,500 {11.012) Page-12-