GREENTOP COMMUNITY CIRCUS CENTRE LTD
Financial statements for the
year ended 31 st De￿rnber 2024
Charity number: 1054722
Registered England and Wales
Company number: 03185290
Company limited by guarantee

GREETrrrop COMMUNITY CIRCUS CENTRE LTD
Contents of the financial statements
for the year ended 31st December 2024
Page
Administrative Detsils
Dirertors rrrustees Report)
Independent Examiners Report
Statement of Flnancial Activities
Balance Sheet
Notes to the accounts
10-15

GREETrThOP COMMUNITY CIRCUS CENTrE LTD
Administrative details
for the year ended 31st December 2024
Registered Naff
GREENTOP COMMUNITY CIRCUS CENTRE LTD
Registered Charity numbof
1054722
Registered Company number
03185290
Directors (frustee5)
P Cheung, TrUstselCom￿nY Secretsry
l F Morley. Trustee
R B Gillet( Trust88
J Gridley. Trustee
N R Kane, Trustee
S M L(h¥l Jones. TTUStee
B Nori, Chair
Regislered Office
St Thomas Church
Holywell Road
Brightstde
Sheffield
S4 8AS
Bankers
The CO￿peratiVe Bank
Independent examiner
Heera Singh FMAAT
HSLACCOUntan￿ Sdutions Ltd
Enterwtse House
61 a Carr House
Doncaster
DNI 2BY
P8g8 1

GREEhrrop COMMUNITY CIRCUS CENTRE LTD
The Directors Itrusteesl present their annual report
for the year ended 31 st December 2024
Chairperson's Statement
2024 has been a year of grovrth for Greentop. thith ow programme of regular adult and youth classes now Invo￿1ng
(Ner two hundred people each week and exceeding our tsrgets. These have been underrAnned by addltional teaching
support helpng to ensure we maximise inclusivity and accessitrAlity. We have exterKled our bursary support to thity-
eight people enabling them to join in when cost VKJuld otherwise be wohibitwe.
We have expanded our engagement across the neIgh￿urhood Yith a real highlight being the dosing of local streets
for a stilt walking rArade ty young people from the Grimesthorpe neighbourhood circus and a shared event at the
Grimesthorpe Famity centre. We have established a new partn8rship ￿ryth local So￿8ntUre chadty Endeavour,
comF4eting a feasib'lity study to establish the UK'S first Circus Alternative Provision pr(N3ramme for young Feople
exduded from school due to stsrt in 2025.
We are proud that two of our participants have Secur￿ places at the Centre for Ath4anced training. Three Scratch and
ShowGase events enabled ￿er twenty a￿'sts to test out new work in front of an audien<% of CNer two hundred people.
With support from Arts Council EnglarKI we have been able to urKlertake a major Fiece of a(Mlience deve10w￿nt work,
including surveys, anatysis of (h'gital marketing and data collection opwrtunities and an implementation strategy.
Insights fom this work are now underF#nning a data driven apwoach to marketing and our Hlre Us growih strategy.
We are very thankful to our key supporters who Continued to ￿ace confidence in Greentop, not least Arts Council
EnglarKI, the Garfield Weston Foundation, The Brelms TrLLSt, Foyle Foundation and Sheffidd Tovm Trust. Also to
Sheffield City Council and funds through the UK Shared Prosperity FU￿1, and South Yorkshire Mayoral Comtined
Authority.Our appreciation also goes to all the local trusts and foundations and private donors. whose support has
underpinned our atrflity to e￿age people we would not other4¥ise be able to reach.
Extemal econorric factors continue to put pressure on the charitable sector, and tIMS is reflected in our finanaal outtum
for the year. The Management arKI the Board continuously revitr￿ our furKlraising strategy and delivery plans to
ensure a low-term sustainatx'lity of Greentop in difficult corKlitions.
lanka Nori, C
air
Page 2

GREE￿rOP COMMUNITY aRCUS CENTRE LTD
The Directors (trustees) present their annual rnport
for the year ended 31st December 2024
The Trustees wesent their annual report together ￿1th the finan(xal statements of the charity for the 1 January 2024 to
31 December 2024. The Annual ReKK)rt serves the purposes of t)oth a Trustees, r8POrt and a (threctors. report under
CoM￿nY law. The Trustees confimi that the Annual Report and financi81 statements of the charilable company comply
with the current statutory requirements, the requirements of the charitatAe company's governing document and the
provisions of the Slatement of Recommended Pradice (SORP) apFlicable to charities preparing their accounts in
accordance V•ryth the Finan(aal RepO￿.r￿d Slandard appIl￿ble in the UK and Republc of IrelarKI (FRS102) (effective 1
January 2019).
Since the charity qualifi8s as small under section 382 of the COm￿nieS Act 2W6, the Strateglc ReKX)rt required of
medium and large companies under the ComFpnies Ad 2CQ6 (StrateLic Report and Elrectors, Report) Regulations
2013 has been omitted.
Objectives and activities
pO￿.¢18S and objedives
Greentop's purpose is to prom(rte VAcellent circus that in¥#res young people, gmws wellbeing, arKI d￿e10F6 artists.
The Trustees give due consderation to general giidance published ty the Charity commi￿on relating to publi¢
b8nefit, induding the guidance 'Put4ic benefit: runnirvJ a chaiity (PB2)' In deciding the aclivities which the charity
should undertake. by rerfiewiTVJ the needs of their benefiaaries, by ensurirvJ that the services are inclusNe and that no
detriment or hami arises from the organisation ¢arryirvJ out its athiti'es.
strategies for achievirYJ objedives
Greentop is a dedicated centre for arcus arts hith 29 years, exFerience of serding the North of England with
professional circus arts trainiThJ, Y￿th Circus and spe(ja￿St V￿rkShopS arKI events for communities, schools, and
businesses.
Our vision for achieving this is to be a centre of excellence in social arcus; and to be an integral part of Sheffield dty
r8gion's creatbve ecology, groN¥ing t8aching practice, arfists and vitrKant arcus making.
Artlstically:
We promote the creation of excellent circus that generates wonder, excitement, challe￿e and joy as a collaborative
Fert of a broader set of creative resources that grov￿ enjoyment of arcus arts. We support the techr￿¢81 and artistic
development needs of artists and t8achers and enable them to mak8 a INing through direct employment, proaression
OPFQrtunities and Signp￿ing to opportunity.
Socially:
By pr(widing opwrtunty for people to do and explore Circ￿ using the t￿rtiCUlar strengths of circus (challenge.
celebration, physical dedelownent, communication) that engages people in different communities. supporting thetr
change and growth, promoting the health and V**ll being and education of inthviduals and communities.
Financially..
By delivering quality programm8s d6veloixng current and new a￿lenceS. generati￿ net income streams arKI fundlng
Fartnership￿. We are future-orientated, infiuencing strategic derfelopn8nt of our sector aThJ aty and work effectively
and effiaently by beirYJ gocKI at respondiry to change.
Our Values.. UnderFinniThJ everythiNJ we do:
Qualty: Just as we strive to hone incredible skills. we strive for qualty in everything do.
Particilxnts: Circus is our ￿$Sion. so we create it ￿1th care and aFveciation of our p￿rti￿rAnts and audience.
Su&ainable'. The Green in Groentop refiects our founder5. aw'ration for w)rf¢ing as of a wder natural world.
We continue this intention by makng Greentop finanaally. s(Kialty arKI environmentslty sustainable.
Safe: We wcwide a safe yce for people of all aliliti8S to axplore inncwatiorts. take K￿YSical risks and be amkxtious.
Collaborative: We W￿rk collatK)ratively - reachiNJ oth across <x)mmur#ties, across art fom￿, and across activities,
cultures and s8Ctors.
Page 3

GREENTOP COMMUNITY CIRCUS CENTRE LTD
The Directors Itrustees) present their annual report
for the year ended 31 st December 2024
Main achievements of the charity
Programme highlights..
04er the year our regular proJramm8 of adult and youth classes have grown further invofving over 200 people
each week and exceeded our target& These have indUd￿l ￿ltiOnal teaching support to ensure they are as
inclusive as possible
We have been able to supwt 38 FeOtAe through our ￿rSary schem8 enabllng them to join In when cost
would otherwise be prohitM1ive.
3 Scratch and showcase events en8t1￿ ￿er 22 a￿'sts to try out new work to an audience of 220. We
programmed a series of 5 Masterclass8s, and introdu¢8d classes for LBGTQ+ community and family
acrobati{￿.
We ha4e been able to expand our engagement in the neighbourhood a slilt vRllqng Parade by young people
from the Grimesthorpe neightKJurhood circus %%vas a real Imghlght. We closed roads around their
neightourhood wth 200 friends and neightx)urs enjoyirvJ the Parade and sharing erfent at the Grimesthorpe
Family centre.
Estsblished a nthv ￿rtnershiP ￿1th I[￿ thenture thaftty Erwjeavour completiTrJ a feasitrAIIty study to
establish the UK'S fitst Circus Alternative Provision programme for young peO￿e ffxcluded from school. to start
in 2025.
Delighted that 2 youth (xrcus rArtiapants have been offered #aces on the National Centre for Circus Art's
Centre forAdvanced TraiThng programme.
Continued delivery of our inclusive arcus priy3ramn* indudNJ additional tea¢tr￿ng support for those w7th
additional needs, weekty n8ighbourhocxl fa￿￿ty arcus monthly Spedrum circus and circus Minis arKJ free
Healthy holiday programmes.
Organisation development highlbghts:
With support from Arts Council England been able to undertak8 a major iiece of audience dvlelopment work,
including suNeys, analysis of digital Markets'￿ and data collection opwrtunities and an implementation strategy.
Insights fom thls work is now underFinning a data driven apwoach to marketlNJ, KPI monitorfng and our Hir8 Us
growth strategy. We now know more aLMJut our rfjrtiarAnts.'
Over 213rds are slill involved aftor 1 year and 1fJrd after 4 years
25% are neuro diverse, 120A hav8 a thsability and 210A Bisexual.
999A of particxppnts are proud of what they have aclleved. 82% young peopb say (ir￿jS gives me confidence
in other areas of my life.
Approx 40% of sign-UPS to our Taster Classes (between May - SeF*ember 2024) came from our outreach
work.
We have been able to rene•V our heati￿ system ￿1th an aim to save awox 1.5Tonnes of (2rbon each year through
installation of destratification farB and high effiaency he8teFS. made KM)ssible with support from the UKSPF Low
Carbon Community and Culture Project.
We are very thankful to key Supporte￿ that h￿e continued to place ¢X)nfidence in Greentop, not least Arts Coun￿1
England, the Garfield Weston Foundalion, The Brdms Trust. Foyle Foundat'on and Sheffield Town Trust. Also to
Sheffield Cty Council and funds through the UK Shar￿1 Prosperity Fund. and South Yorkshire Mayoral Combined
Authority
We also extend our appreaation to local trusts and foundations and prrrfate donots, whose support has underFinn&J
our a￿'lIty to engage people Y￿Uld not Other￿lse be able to reach, indudirvJ:
Harry Bottom Charitst48 Trust, Hays Travel Foundation, Sheffield Grammar School Exhibttion Foundation, JG Graves
Charitable Trust, Bluecoat and Mount Ple&4nt Educational FourKlation. The cUue￿ ComEeny Sheffield 1000. James
Neil Trust, Freshgate Foundation.
Flnance report
2024 had a negative ouitum of £8,046. This is bel(Y•V our break 8ven budget target, but an improvement against 2023
out turn.
Although support from Trust and FourKlations had exceed&J 8XPeCtalior6, ¢*paaty has not return￿1 to pre-covid
Scale, and with rising cost of Iving, both our youth and adult programme p8rformed to target. Whereas our Hireus
outreach aclivity has defiritely been imrfjdwj ty tsghtened b￿1get across 811 sec*ors and r&lucing a ty income
generating area.
Page 4

GREEhrrop COMMUNITY CIRCUS CENTRE LTD
The Directors (trustees) present their annual report
for the year ended 31 st December 2024
Plans for the futurn period
We ￿111 be implementing marketiNJ and c<xnmunic*ion strategies developed from insights gained from the Audience
Development projed undertak8n over the year V*ith a goal to increase effetXNeness in generating net income and
reduce dernarKls on grant support. The insights about our exisling audiences, is helping us identify new marketing
approaches and shaF4ng develoFThent of our data systeffts to ensure we have a full understanding of the customer
journey and our sYsteW￿ and communication are effe(the in eroaging tsm.
We wryll t)e extending our new ￿rtnerShip Y￿th local charity EThJeavour to irntiate the UK'S first circus based Alternat've
education prOVi￿on for young people 8xcluded from school. Our Youth Circus p8rfotffang plattomi Troupe Viill worf(
ith 12 young people to cweate a show with an arlislic director and designer to perfonn In the summer on the
Greentop outdoor rig.
Reserves policy
The charity has a long standing resep4es poficy req￿ring suffiaent free reseNes to be retained to meet any ststLrtory
costs in the everrt of the charity needing lo be wound up, for examFle. redundancy Foym8nts and accounts fees for
final accounts and to provide working caFitsI to avoid flow problems. The total amount of resepies at 31
December 2024 was £77,449 {2023 £85,495). The trustees are provided V•ryth regular finanL7al reports from the
accountant to ensure that any potential shortrall is identified at an early slage and any necessary remedial action can
be tsken.
In settlng the charity's reserves p0￿ry. the trustees have considered both the day-ttrday running of the charlty's
operations and also the ￿tential for unforeseen costs. The trustees ar8 of the Vie*V that the charity's aclivities most
likely to trigger Sigr￿fiCant unforeseen costs are I￿lIding re￿ir and income defic¥t from unsuccessful funding tids or
under perfomiing earned income. At December 2024 the Irustees have set aside money in a Se￿rate bank d8posIt
account of £40.000 with work'rvJ caiitsl of £5.000 tr4nimum in the man a(rount.. Tkms kxylicy will be reviewed annually.
Going Concern
After making appropriate enquiries, the trustees have a reasonable expectation that th8 charity has adequate
resources to continue in operational existence for the foreseeable future. Fof ttris reason they corrtinue to &Jopt the
going concem basls in prep8riNJ the financial *tements. Further detsils regarding the adoFrtion of the going concem
basis can te found in th8 alxounting pcli(ie&
Structure, govomanco and management
Constitution
The charity is registered as a charitable CoM￿nY IrThted by guarantee and was set up by 8 Memorandum of
Association on 12104186. It's registered office is St Thomas Churth. Holywell Road, Brightside, Sheffield, S4 &4S.
The charity is constituted urKler a MemoraThlum of Association dated 2710311996 and is 8 reEiStered charity number
1054722.
Methods of appolntment or electlon of Trustees
The managem8nt of the charity is the respowlylty of the Tr￿eBS who are elected and co-opted und8r the tems of
the Articles of Assocaation.
The Trustees meet at18ast four times per year to ensure the charity is defvering its charilat4e objectives, finanaal
probity and compliance V•ith legislation.
TrLBte8s are recrLited in relation to the chaiity's ne&ts. identifi&J through an audit and speafjed in a set of trust88 role
descriptions. Appointments are made in accordance Clause 40 of the Memorandum of Association by trustee
vote. The minimum number of Trustees is three. One4hird of the Trustees retire ty rotation based on lewh of service.
All of the Trustees vtho serv8d during the year, as follows:
P Cheung
R Gillett
J Grindley
Dr N Kane
S M Lowi Jones
l Fenwich Motley
BNori
Page 5

GREE￿rOP COMMUNITY CIRCUS CENTRE LTD
The Dirnctors (trustees) present their annual rnport
for the year ended 31 st December 2024
Methods of appointment or eleclion of TNstees
Financial risk management
The Trustees have assessed the major risks to which the charity is exp)s&d, in FQrticular those felated to the
operations and finances of the charity, and are salisfied that systerns and procedures are in place to mbtgate exrx)sure
to the major risks.
Trustees, indemniltes
The Tnjstees, as directors of the company, have been granted a qualifying tfird KArty indemnity provision under
section 234 of the Companies Act 20C6. Tkis does not wovide c(wer in the 8vent of a director being proved to have
acted fraudulently or thshonestly.
Management and staffing
The stsff team led by the Centre C)iredor arKJ the Chair of the Tntstees are reswnsible for the strategic arKI
operational delivery of the Charity.
The team is supported by volunteers. No amounts are included in these finanaal statements in respect of the seNices
donated by volunteers.
Statement of Directors and Trustees. responsibililies
The trustees (who are also the directots of the CoM￿nY for the wrposes of CoM￿nY law) are responsible for
preparing the Trustees, Annual ReFQrt and the finanlial statements in accordance b%ryth ap￿ICable law United
Kingdom Accounting Standards (United lfjwjom Generalty A¢cept&J Accounling Pradice).
Company law requires the trustees to prepare financial statements for each financial year whSch glve a true and falr
view of the state of affaits of the charitable comFony and the group and of the incorring resources and application of
resources, including the income and exFerKliture of the charitst4e ujmpany and the group for that period. In weparing
these financial statements, the trustees are required to.
seleLt suitable eccountirvJ w)liiies and then aFyly them consistenty:
observe the meth(yJs arKI principles in th8 charities SORP.
make judg8ments arKI estimates that are reasonable and prud8nt,
state whether applicable UK Accounting Standards hwe teen folloh*d, subject to any material deFartures
disclosed and explaned in the finan(?al statements;
epare the finanaal statements on the going concern basis unless it is inapwopriate to presume that the
charitable c(ffipany V4ill continue in business.
The trustees ar8 res￿nSIble for keepng proFer accountiThJ records which disc105e Y•ith r8asonable accuracy at any
time the ffinancial position of the charitable company and of the group arKI enable them to ensure that the finanoal
statements compty with the ComFonies Act 2006. They are also responsible for safeguarding the ass8ts of the
charitable company and th8 group and hence for lakirNJ reasonable st8ps for the yevention arKI detection of fraud and
other irregularities.
Small company provisions:
This report has been preFAred in accordance V+ith the special provisions for small comFonies under Part 15 of the
Companies Act 2006. The direclors d8clare that they h￿e aw)roved the (Irecto￿. report above. &gned on behalf of
the comFony's directors..
The trustees declar8 that they have apwoved the abcwe report. &gned on behalf of the trust88S
Signed:
Name and p)sition:
Page 6

Examiner's report to the trustees of
GREE￿rOP COMMUNI￿ CIRCUS CETrrrRE LTD
for the year ended 31st December 2024
I report on the accounts of the GREENTOP COMMUN5TY CIRCUS cE￿rRE LTD for the year ended 31 December
2024 which are set out on the following Fog8s 8 to 15.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors of the Company for the pur￿￿eS of C￿1panY law) are resFK)nsible
for the preFMrab'on of the accounts. The charrty's trustees consider that an audit is not required for this year under
section 144(2) of the Charities Act 2011 Qhe 2011 Act) and that an indepe￿Ient examination is needed.
Having s8tisfi8d mys8lf that the charity is not subj'ect to a￿Jrt under coMF￿nY law and is eligilJe for independent
examination, it is ry responsitxlity to..
exa￿￿ne the accounts under Section 145 of the 2011 Ad;
follow the procedures laid down In the general t)rec*orE gN8n ty tha Charity Comnlssion under section
145(5)(b) of the 2011 Act,. and
state whether particular matter5 have come to rry attention.
Basis of independent examinerfs report
My examination vras carried out in accordance thith the general Directions given by the Charity Commission. An
examlnation Includes a revi8w of the accountiro re￿rdS kept by the charity and a comForfson of the accounts
presented V4ith those records. It aso includes consideration of ary unusual items or dsclosures 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 b8 required in an audt and consequently no otxrmon Is glven as to ￿ether the accounts
present a Yrue and fair vievl and the retK)rt is linrrit&d to thc6e rnatte￿ set out in the statement below.
IrK18pendent examinerfs &atement
In connection with my examination, no matter has (xxne to my attention:
1. which gples me reasonable to be16ve that, in ary material respect, the r&]uirements:
accounting records have not been kept in a(u)rdance with section 386 of the COm￿nieS Act 2006;
th8 accounts do not accord with such records:
where accounts are pre￿red on an accruals basis, wh8th8r they fat'l lo comtAy with r818vant accounting
requirements under section 396 of the ComFpnies Act 2006. or are not consistent with the Charities SORP
{FRS10
any matt8r which the exaffllnef believes should be drawn to the attention of the reader to gain a proper
understanding of the accounts.
have not been met; or
to vthich, in my oixr¥on, attention $I￿Uld be drawn in order to enable a proper urKlerstaThling of the accounts
to be reached.
Mr Heera &ngh FMAAT
HSL Accountancy Sdutions Ltd
Enterprise House
61 a Carr House
Doncaster
DN12BY
Page 7

GREENfop COMMUNITY aRCUS CENTRE LTD
Statement of Financial Activities
for the year ended 31st December 2024
Unrestrl¢aed Restrfctad
funds
fund
Total
2024
Total
2023
InMm• from:
Grants and donatior
Income from charitat4e adivities
Investments
10,155
188.575
783
84,326
94,481
188,575
783
80,889
167,096
467
Total
84326 283839 248452
Expendlture on:
Charitat4e activities
220,763
71,122 291,885 277,050
Total
71 122 291.885 277 050
Nèt Incomdlffxpendture)
-21,249
13,204
-8,046
-28,598
Net movement in funds after tr￿Sfer$
41,249
13,204
Totsl fund8 ￿oUght forward at 18t January 2024
81,511
3,984
85,495
114,093
Total funds carrled forwa￿ 31st Deeanber 2024
The above statement includes all gains aTha loses recc*Jnised duriThJ the year. All aclNiiies are regarded as continuing.
The accounling poldes arKJ notes on pages 10 to 15 fm part of thes8 finandal statements.
Page 8

GREENTOP COMMUNITY CIRCUS CENTrE LTD
Balance sheet
As at 31st December 2024
Notes
2024
2023
Fixed assets
TatYJible assets
20.503
23.636
Current assets
Debto
Cash at bank arKI in hand
6,881
65,643
72,524
10,399
66,431
76.830
Creditors lamounts falling due in one year)
-15.577
-14.971
Net current assets
61,859
Nat assets
77,449
Reconclllatlon of Funds
Unrestricted funds
Restricted funds
Total funds
10
3,984
81,511
85.495
17,188
77,449
For the period ended 31° December 2024, the comFony is enlsued to the audit exeM￿lOn under seclion 477 (2) of the
Companies Act 2006.
The members hav8 not requirgj the CornF￿ny to olknin an a￿fit in accordance with section 476 of the Companies Act
2006.
The diredors acknowledge their resFonstilities for..
a) ensuring the company kee￿ acCounti￿j records whlch COm￿Y seclion 386. and
b) preparing accounts which give a true and fair view of the state of affairs of the comFAny as at the end of the
financial year, arKI its profit or loss for the finanaal year, in accordance with the reqiirement of the coM￿nI8S Act 2006
relating to a(xounts, so far as Is applicaNe to the comFeny.
These accounts have been prepared in accordance N%ith the provisions applicable to comFfjnies subject to small
comkBnies' reglme.
The diredors declare that they have appr￿ed the accounts above.
Signed on behalf of the comFony's directors:
Signed:
NamearKlposition: E£co SyL(£L1 ¢¥ ef
Dote..
The accountiThJ poliaes and notes on pages 10 to 15 fomi part of these finanaal ststem8nts.
Page 9

GREEhrrop COMMUNI￿ CIRCUS cE￿rRE LTD
Notes to the financial statements
for the year ended 31 st December 2024
Accounting policies
Basis of preparation
The financaal statements have been prep￿red in accordance viith the Charities SORP (FRS 102) - Accounting
and R8Wrting by Charities.. Statement of Recomended Practice applicable to charities preparing thelr
accounts in accordance V4ith the Finanaal Reporting Standard applicaL4e in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019), the Finan(ial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and the C￿1panIeS Art 2006.
Greentop Community Circus Centre Ltd meets the definit'on of a public benefit enlity under FRS 102.
Assets and liabtlities are inÉlially recogiis8d at histori￿1 (x>st or Irartsaction value unless othephise stated in
the relvrfant accountiNJ policy.
The functional and wesentation currency is pounds sterlng.
Incoming resources
Voluntary income is received by vray of donations arKI gifts. Suth income is induded durirvJ th8 y8ar in which it
is receivable. The value of Services donated by volunteers has not been included.
Grants that involve the r￿pt of income wior to defrayment of expendtture are recognised in full durirvJ the
year in which they ar8 receivable. Grants that are receivable after the defrayment of expenditure are
recognis8d suring the year in which all of the terms and conditions of the grant harfe been fulfilled arKI the
receipt of the grant is certain. Th8S8 wliaes apFAy to ￿th caixtal and revenue grants.
Income is defeffed when contractual incoming resources are r8ceiv8d or inv￿ced in advance of contradual
perfomiance or when the donor s￿lfieS that a grant or donation must only b8 US8d in a future accounting
period.
Irrrfestment income consists of bank interest receivable ￿1¢h is recognised upon nolification by the bank.
Expenditure
Charitable activities arKI G￿ernance costs are Costs incurred on the charity's educational operations,
including 8UPFK)rt costs and costs relating to the g(Nemance of the charity apportion&l to chatitable activities.
Resources expended are allocaled to the ￿rtiCUlar adivity where the cost relates dir8Ctly to th* aclivity.
Costs that cannot be allocated threcty to a partFcular activty are apportioned to the aclivity based on that
activity's income unless a more reasonable tgsis can be detetminwj.
Supp)rt costs are those costs incurr￿￿ directy in supp)rt of 8xpendlture on the obi8cts of the Charity.
Fund accounting
Restrict￿ funds are funds 18C8ived from donors vthich are subj8d to restrith'ons on the purposes for which
they may be used of which have been raised for a specific projed.
Unr8Strict8d funds are those b*here there are no 8Xtemally imposed restrsctrons. Th8S8 include funds freely
a4alatle to the charity for expenditure or apkyopriation to reserves for internalty d￿gnated purposes.
Gowernance costs are thos8 incurred in connection wth the governance atrangoments of th8 Charity and
comF4iance vlith constitutional and statutory r￿UIrements.
Tangible fixed assets and depreciation
Tar¥Jible fixed assets are carried at cost. nel of depreaation and any provision for iM￿lMi8nl
Depreclatlon Is charged so a5 to allo(*e the cost of tsnglbla fixed assets less their resldual value cver thgir
estimated useful lives.
Depreiiation is W￿lded on th8 fc410￿1ng basls..
Freehold property
- 2% straight Sne
Circus 8qUiFm8nt
25% streight line
Computer equiFfflent - 33% straight Une
Page 10

GREENTOP COMMUNITY CIRCUS CEKfRE LTD
Notes to the financial slatements
for the year ended 31 st December 2024
Tangible fixed assets and depreciatlon
Freehold property is initially re¢ognised in the financial ststements at historic cost. The fair value of the
freehold property, in the opinion of the Trustees, cannot be measur&J reliatrAy wtthout undue cost or effort due
to the speualised nature of the buiklings. As such the freehokl prop8ty Is accounted for usng the cost model.
The Trustees undertake regular imwrment revie￿5.
Taxes
The comFeny is not VAT regstefed. a Chaiity the COM￿ry 16 exemOfrom taxation on income and gains falling ￿1th1n
section 505 of the Taxes Act 1988 or s256 of the TaX￿.on of thargeaFJe gains Aca seclton 505 of the Taxes Act 1988 or
8256 ofthe Taxat'on of ehargeat4e gal￿ Art 1992 to the extent that the68 are apFlied to its chantable OLY'￿.
Credltors
Creditors are rexognised vknere the tharity has a present oL4igation resulting from a W event that wll probat4y Tesurt in
the transfei of funds to a th'rd party and the amount due to settie the otligat'on can be measured or estimated rdiably.
Creditors are normaty recognised at their settlement amourt usudly thè invoice amourt Accru•l charges are normally
valued at their Settl￿ent amounL
Debtors
Debtors are r￿OgniS￿j at the Sdu￿n￿t amount Oje. PreFwments are valu•J at the amount Fyewd.
Rentals wYa￿e and T￿1Vat￿e under operating1￿Se8 are tharged to the SOFA on a strvAgM line tsa￿8 over the peri(>d of
the lease.
1.10.
Penslon eosts
The charty oFerates a defined contrrbution pension scheme and the pewon thar99 represents the amounts payat4e by
the charity to the fund in resp￿ (rf the year.
1.11.
Going concern
The financial $tatemerrt8 have tréen preFored on a ping o)ncem basis. Th8 Trusteos have cornider*A the lavd of fun¢
held and the exp￿ed income and expenditure for the 12 months fc110￿qng the authorising of these finaTraa statements
and constder the gcing concern tqsis appyokyiate. There are no material uncertainties at the Balance Sheet date. The
Trustee5 continu8 to pursue all known Sources and rn￿n8 of fund'ng that may be 8V￿1at4e to thffn in order to finance the
charity's activities.
Income fr¢)m:
Grants arKI donatlon:
General Restricted
Fund
Fund
Total General Restricted
2024
Fund
Fund
Total
2023
Donations
Grants
631
1.735
93,850 39,311
1,735
79.154
9,524
84.326
39.843
Total
10.155
84,326
94,481
41,046
Income from charitable activities
General Restricted
Fund
Fund
Total General Restricted
2024
Fund
Fund
Total
2023
Outreach
Youth Circus
Classes and workshops
Events and venue hire
Profe&8ional
other
Total
65.434
53.967
54,158
8,247
4,493
65,434
53,967
54.158
8,247
4,493
2,278
188.575 166,546
2,162
47,784
45,685
6,217
3,585
62,162
47,784
46,235
6.217
3,585
1,113
167 096
550
188.515
Page 11

GREE￿rOP COMMUNITY CIRCUS CEhrrRE LTD
Notes to the financial statements
for the year ended 31st December 2024
Exponditurn on:
Cla55e5
Outr••ch youthc1￿US Workshop5 Ewnts Pfofesslonal Oth•r
2024
Totsl
2023
Tot•1
Dfr•cl costs
Performers aTrJ luto
Other dir&1 ce61s
Legal and prOfess￿n81
37,551
22￿73
20,846
81,353
2,684
42.692
100,268
5,269
15,861
40.624
2,068
78,175
20.846
2,684
882
126,728
121 398
Support ca%ts
Centre overhead8
Staff training and weware
Repairs and maintenance
Insl￿anCe
Genwal offtt expend*we
xlvertising and promction
Bank charges
Wag8s and salafie¥
DePr￿latIon
GoverrrarKe costs
4.522
261
3.724
215
3,857
223
532
399
266
13,299
769
8,230
422
31
23
15
1.733
2.191
836
1.428
1,804
1,479
1,869
713
204
153
102
5,099
6,444
2,458
4.708
2,023
123,502
3,198
3,656
165,157
3,963
5,868
7,287
2,051
1,832
114.591
4,478
6,930
155,652
258
193
129
98
74
1,601
1,318
567
1.365
587
188
141
94
81
61
41.991
1,087
1,243
S6,153
34.581
895
35,816
927
4.940
128
3,705
96
2.470
1,024
46.244
146
iio
73
47,895
4,955
3,303
Total 2024
13
328
291885
Total 2023
88,435
%,014
60,489
20,832
11,282
277,050
Expenditure by lunds:
General Restricted
Fund
Fund
Total General Restricted
2024
Fund
Fund
Total
2023
220.763
71,122 291.885
56,483 277 050
Governance costs
2024
2023
Independent 8xamination feelAccountanry fees
Professonal costs
Tolal
2,340
6,766
164
3,656
The awountanry fees indude an amount of £2,050 (2023: £1.700) relating to the independent examination
and £0 (2023.. £3,461) for the pr(Nision of other seDiices from the irKlependent examiner. The remairMrKJ £290
(2023.. £1,605) relates to ouisourced bookkeepirvJ sep4ices [*￿Ided a Se￿rate finn.
Staff costs
2024
2023
Salaries
Soc4al security costs
Contribution to defined contrilxrtion pension schemes
117,230 108,913
3,856
3,441
2,416
2,237
123,502 114,591
Average number of employees during the p81iod was..
No person received emoluments of rn(￿e than £60,000.in the year.
During the current and prior year. non8 of the tr￿08S receiv&J any remuneration. benefits in kind or
reimbursed expenses.
8.00
Page 12

GREENTOP COMMUNITY CIRCUS cE￿rRE LTD
Notes to the financial statements
for the year ended 31 st December 2024
Tangible fixed assets
Freehold
Circus Computsr
property equipment Computer
Total
Cost
At 1st January 2024
Additions
At 31st December 2024
42,126
34,512
9,979
65
10,044
88,617
65
86,682
42,126
34,512
Depreciation
At 1st January 2024
Charge this period
At 31st DeceM￿r 2024
32.370
1,047
33,417
8,063
1,308
9,371
62,981
3,198
66,179
23.391
Net book value at 31st December 2024
18.735
1,095
673
20,503
Net b¢)ok value at 31st December 2023
19,578
2,142
1,916
23,636
Debtors - amounts falllng due withln on• year
2024
2023
Accounts receivatrje
Accrued income arKI prepayments
1,991
4,890
6,881
5,265
5,134
10,399
Creditors- amounts falling due ￿thin one year
2024
2023
Accounts payable
Accruals and d8feffed incorna
Other taxation and Socbal security
other ueditors
5.912
7,347
1,798
519
15,577
3,160
9,543
1,868
400
10.
ststement of funds
OpenlrrfJ
InGoming
01.01.2024 re•our¢es
Expended
resour￿ Transfers
Closlng
31.12.2024
Unrestrlcted funds
General funds
199 514
199 514
-220 763
Restrlcted funds
Neighbourho(¥
TrouFe
Spectrum
Circus AP
Grow
8ursary fund
Auaence DeveloFment Proje(*
Grim8Sthorpe Neighbourhood Circus
Low Carbon Proj*t
1.943
18,0
-1.s53
-5,912
-1,445
-6,9)4
-1,￿10
40
-21,205
-19.302
390
12,595
507
1,537
40
3.450
21,300
19,867
3,450
95
S15
4984
84,325
-71,122
17,188
Total 2024
85,495
283,839
-291.885
There were no transfer of funds during the Ftriod (rfthese accounts.
Page 13

GREE￿rOP COMMUNITY CIRCUS CENTRE LTD
Notes to the financial statements
for the year ended 31 st Decemb•r 2024
10.
Statement of funds
Opening
Incoming Expended
Closlng
01.01.2023 resources resources Transfers 31.12.2023
Unrestricted funds
General funds
208,059
208,059
-220,567
-220,567
95,010
-991
Restricted funds
Neighbourhood
Troupe
Spectrum
This is Clrcus
Grow
BU￿ery furKI
2,352
2,857
-3,306
-2,900
-3,463
4,949
-38,376
-3,489
954
550
S.OOD
507
1,537
4,912
37
1,900
40
3.529
19,083
40,393
46h83
991
3,984
Total 2023
114.093
248,452
-277.050
During the year, transfers totsThng £991 (2022: £235) were made from unrestrictwj to restrirtgj reseNes to
cover additional costs in relation to the programmes run by the charity over and abo4e those covered by the
furKling received. These costs were knovm at the time of stsrtiiYJ the W￿ramMe and vKre agreed by the
trustees to be C￿ered try unrestricted reserves.
Description of funds
Neighl￿UrhQ0d Circus: Our free neighiK)urhood youth circus for local young people
Troupe: Promotion, authtion, ￿anrttThJ and selection for the 2025 produc*on by our Youth perfonnance
compwny
Spectrum Circus: our programme for young peoF4e vrfth aulism for (tifferent age grouF6
Circus Altemative Programme: F&￿bIrty study to assess the viatifity of the UK'S first (ircus Alternative
education programme for young people exctLKled from school in FQrtnership wth Endeavour training.
Grow: the final arti& bursary of the artist developnent wogramme
8LJF5ary fund.. Greentop's scheme to enabEe parfiaFwtion of those who Otherwise ￿￿uhj not be able to take part
Data Driven Audience project: Ats Counctl England supported organisation develoFynent project to improve
dats systewts and gain insigms on ujrrent audience to infom matkding and gruél a more inclusive audience
GriMesth0r￿ Neighbourhood Circus: Programme of circus creation and rArtiotHtion for local peO￿e to
promote Y￿lIbeIng arKI celebration.
Low Cartx)n Commurity and Culture Prqect Carbon reduction thrO￿h Inslallation of destratification fans aTh
a more effeclive heating system
Data Driven Audience project: Arts Council EnglarKI supported organisation develoFxnent project to imW￿e
dats systems and gain insights on current audience to infonn ffArf(eting and grow a more inclusive audience
Page 14

GREE￿rOP COMMUNITY CIRCUS cE￿rRE LTD
Notes to the financial statements
for the year ended 31st December 2024
11.
Analysis of net asséts bet4%wn funds
Unrestricted Restricted
Funds
Funds
Total
2024
Tangible fixed assets
Current assets
Current babilities
20,503
55,336
-15,577
60,262
20,503
72,524
-15.577
77,449
17.188
17,188
Unrestrictsd Restricted
Funds
Funds
Total
2023
Tangible ￿ed assets
Current assets
Current liabilities
23,636
23,636
76,830
-14,971
85,495
3,984
-14,971
81,511
3,984
12.
Pension commitments
The charity operates a d8fin&l rx>rthit%rtions p8nsion scheme. The assets of the scheme are held serArately
from those of'the com￿nY in an indeper¥Jentty adffiristered fuThl. The Fension cost charge represents
contributions rAyable try the company to the fund and amourrted to £2,237 (2022.. £2,237). There were
contributions ￿able to the fund totsllirvJ £401 (2023: £401) at the tolance sheet date vthich are included in
creditors.
13.
Members. liability
The charity is a CoM￿nY lirTited by guarantee. The members of the company are the Trustees named on
page 1. In the v4ent of the Charity being Y￿urKI up, the latAIty In reS￿Ct of the quarantee Is limitad to £1 per
member of the charity.
14.
Related party transacllons
During the year, the charity purcha*J seplices totalling £2,011 (2023.. £2,011) from businesses ovmed by
Irust88s. All such transactions ￿e corKluded under normal market cormlitions.
Page 15