Charfty number
1056000
Company number
3017582
Hartlepool Community Studio
Trustees Report and Financial Staternents
Year Ended 31st March 2024

Hartlepool Community Studio
Contents
Company information
Trustees report
Statement of financial activities
Balan￿ sheet
Notes to the accounts

Hartlepool Community Studio
Company Information
Trustees
B Barnes (12th June 2017)
K Martin (1 Oth May 2022)
A Armstrong (22nd February 2023)
M Kitching (17th May 2023)
J Hewitson {resigned 19th December 2023)
Charity number
1056000
Company number
3017582
Business Address
The Studio
Tower Street
Hartlepool
TS24 7HQ

¢h•vty numb•r
Hartlepool Communlly Studlo
1056000
¢ompany numbor
3017582
Trust••s R•port for th# y•ar •ndgd 31$t March 2024
The tNstees ol Ihe Hartlepod Community stud￿ present thelr annual report and finanual
statements in accordance wtth the ¢urreni statut¢)ry requirements and Charilies SORP IFRS 1021.
and man
Th8 organi8ats.on 18 8 company Ilmrted by guaranteè. Th¢ comp8ny was e5tablish8d under
memorandum of assothation whith estgbli$hed th• object5 and powers of the charilablÈ company
and 1$ 9overned under rt5 artide5 of assooation.
All Twsloes give Ihew tyme voluntarity oThJ rec4ve no bèntrfits from the charity.
Th& Tru51ge5 review Ihe airns. obJ8ctive8 and actwilie$ of the ¢h8rity each yoar.
Thls report k￿kS al what the Cha￿ty has achi￿ed and the outcomes of its work within the la$1 M(￿th$.
Details of the slaius and manage￿nI of the charity are set oul on pagè 1 of Ihe a¢¢ount$.
Ob
tlves and actlvltlos
To worrote, maintain and 8dvance tho education of thé wblic in th¢ app￿cia￿.¢n and practiGe
of parti￿pa10ry arts and associai8d disciplinos.
To advance the eduratkjn of unempbyed person$ in Hart￿POor and the surrounding area through
the provision of $uGh training facilitie$ as will anbb thos8 persons to acquwe and deveh)p votslbnal
Achlevem8nt8 and rfonnanc
The charity has sustained il's rents this year afjd secured the support of local in$btLrtitsns Trthi¢
58cures a fulure for tradtng in partnership.
Flnancla
revl•w
The charty has agaln ￿¢r￿Sed income and outgolngs remain in lin8 with the prevlous ye8r.
T1￿ TrLtstees ale ccrnmilted to incfeaslng the incorn8 further in order lo reth2¢e the ri$k and
any future uncertainl￿s.
Stat•meDt af r*$p•nslbllitl¢$ olth• Trust••s
The Tru51ees (who are a150 directors of Hathpool Comunrty Studio for the purpose of company lawl
are responsib￿ for preparing the report of the Trustees, and the finanryal stateThnts in accordance with
applicable law and United Kingdom Aceounting Slandard$ (United Kingdorn Generally Acc8pled Accounting PradKel.
Cornpany requires the Trusteos to prepare financial 8tat8m8nts lor 8ach financial year whi¢h give ¥ truè
and fair view of the stste of affairs of the charit8b￿ company and of the in¢omlng r*sour¢es and appbcatiory of
resourc￿. including the income 8nd exp8nditur6, of the ch&rftabb ¢ompany lor that period. In preparing these
financial statements. the Trust888 are required tri..
Se*1 suit8ble accounting policies 8nd then appty th•Tn ¢￿SISte￿￿￿.
Observ* the method$ and prin¢iple$ the Charitie5 SORP..
Make judgements and èslimèles thai are reasonab￿ and prudent.,
State whether appI￿ab￿ UK Accouniing stsndards and sl8lements of recommended prac16ce have beon fdh7wed,
subject to any rn8lerial departures disclosed and èxpbinètt In thB fin#nsial sialement5'. and
Prepare the financial stat8m8nls on th8 going concem basi$ unle$$ it 15 inappropriate to pr85UTh that the charity wll
continue in Operat￿￿.
Th8 Trusle8s are fesponslW8 for keeping pr(pr arAounting records th* discthe with re8sor+able 8ccuraLy
t any tiff￿ the finonti81 ￿lts"0n of the charitats￿ company and enable them lo ensure that th8 financkal statements
oM￿Y with the COrnpan￿5 Act 2006. They are gjso responsibte for safeguardin9 the assets Of the charitable Gompary and
for tsking reasonable step5 for the preveThlicn and deleelion of fraud 2nd otf*r irregularities.
Approval
Thi$ repc#t was approved by the Board of the DireGlors and Trustees on 11th June 2024 and signed on rt's beha
e Bames
Directtr

Hartlepool Community Studio
Charity No
1056000
Company No 3017582
Annual accounts for the year
1st April 2023
To
31st Mar¢h 2024
Statement of financial activities (including summary income and
expenditure account)
Unrestrlcted
funds
Prior year
funds
Recommended categories by activity
Total funds
Income (Note 3)
Income and endowments from:
Don8lions and kg8cies
haritable acbv41J•$
13,605
67,277
13.605
67.277
40,945
Other trading actwilie$
Inveslmenls
Sèparatè material ilem ol incom&
Other
63
80,945
63
80,945
12
40.957
Total
Expenditure (Notes 4)
Expenditure on..
Raising funds
Chafitable a¢twibe$
4,288
71,501
4.288
71.501
4,695
51.099
Separate material exp8nse itern
Other
Total
75,789
75,789
55,794
Net incomel{expenditure) before tax for
the reporting period
Tax payable
5.156
5.156
(14,837)
Net incomel(expenditurè) after tax
before investmont gainsl(losses)
5.156
5.156
{14.837)
Net gainslllossesl on
investments
Net incomel(expenditure)
Extraordinary items
Transfers between funds
Other recognised gainsl(losses):
5,156
5,156
(14,837)
Gains and losses on revaluation of fixed assets for the
charity's own use
Other gainsll105sesl
Net movement in funds
5,156
5,156
(14,837)
Reconclliatlon of
funds."
Total funds brought fofwaTd
476,932
482,088
476,932
482,088
491,769
476,932
Total funds carried fonvard

Hartlepool Communily Studio
Charity No
Company No
1056000
3017582
Balance sheet
Unr•strlct•d Total thi$
funds
year
Total last
year
Fixed assets
Inl8ngible assets
Tangible assets
{Note 51
460,684
460,684
464,700
Total flx#d assets
460,684
460,684
464,700
Current assets
Stocks
Debtors
(Note 6)
Gash at bank and In hand
Total ¢urnnt assets
1,716
3.000
16,988
21,704
1.716
3.000
16,988
21,704
288
12,244
12,532
Creditors.. amounts falling due within
one year
(Note 71
300
300
300
Net current assets/(liabilltiÈsJ
21,404
21.404
12.232
Total a$$ets less current liabilities
482 088
482,088
476,932
Credltors: amounls falllng due after
one year
Provisions for liabililios
Total net assets or liabilities
482,088
482,088
476.932
Funds of the Charity
Unrestricted funds
482.088
482.088
476,932
Yotal funds
482,088
482.088
476,932
The company wos entitled to exemption from audil unders477 of the Companies Act 2006 r&latlng fo small
companies.
The m8mbers have not required the Company to obtain an 8udit in accordance %wlh section 476 of the Companies
Act 2006.
Th& d1￿CtorS acknowledge their responsibilities kircomplying ￿th thp requirements of the Companies Act ￿th
respect to accounting records and the preparation of accounts.
These accounts hav8 been prepared in accordance wrth the proVisK￿$ applicable to small companies subjecl to
the small companies regime and in a¢cordanc8 Mth FRS102 SORP.
B Barnes

Notes to Ihe accounts
Note 1
Basis of preparation
1.1 Basis of accountlng
These a¢¢ounls have been prepared under the historical cost convention with items recognised at cost or
transaction value unless othe￿iSe slated in the relevant nole(sl to Ihese accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting
and Reporting by Charities preparing their accounls in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) and with the Charities Acl 2011.
Note 2
Accounting policies
2.1 Reconciliation with previous Generally Accepted Accounting Practice
The company has adoped FRS 102 Sedion 35. No adjustments were required upon transition.
2.2 Income
Recognition of
Income
These are included in the Statement of Financial Activities (SOFA) when=
the charity becomes entitled to the resources.,
it is more likely than not that the Iruslees will receive the resources-
the monetary value can be measured with sufficient reliability.
Offsettlng
There has been no offsetting of assets and liabilities, or income and expenses.
unless required or permitted by the FRS 102 SORP or FRS 102.
Granls and
donatlons
Granls and donations are only included in the SOFA when the general income
recognition criteria are met (5.10 10 5.12 FRS102 SORPI.
Government grants The charity has received government grants in the reporting period.
2.3 Expenditure and Ilabilitios
Liabilities are recognised where it is more likely than not that there is a legal or
Liability recognltlon constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
2.4 Assets
Tangible fixed assets These are capilallsed if they can be used for morè than one year.
for us? by charity
They are valued al cost.
The depreciation rates and methods used are as follows-
Land and buildings - 2 10 Straighl line
Plant and machinery- 25 /0 Straight line
Debtors (including Irad6 debtors and loans receivable) are measured on initial
recognition at settlement amounl afier any trade discounts or amount advanced by
the charity. Subsequently, they are measured at the cash or other consideration
expected lo be re¢eived.
Debtors

Notes to the accounts
(cont)
Note 3
Income
Unrestrlcted
funds
Analysis of Income
Total funds Prior year
Donations
Donations and gifts
and legacies: Gift Aid
Legacies
General grants provided by governmenuother
charities
Membership subscriptions and sponsorships
which are in substance donations
Donated goods, facilities and services
Other
3.105
3,105
10,500
10,500
Total
13.605
13,605
Charitable
activities:
Letting of non investment property
13.536
13,536
10,852
Recording and rehearsal income
Other
53,741
67.277
53,741
67,277
30,093
40,945
Total
Other:
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
property rights
Other
63
63
63
63
12
12
Total
TOTAL INCOME
80.945
80,945
40,957

Note5 to the accounts
(cont)
Note 4
Expenditure
Analysls of expenditure
Unrestriel•d
funds
Total funds Prlor year
Expenditure on
raising funds:
Advertising, marketing, direct mail and
publicity
Postage and stationery
2,208
2,208
2,586
Telephone
1,054
1.054
881
General expenses
1,021
1,021
1.228
Total expenditure on ralsing funds
4,288
4.288
4,695
Expénditure on
charitable
activities
Rent collection, property repairs and
maintenance charges
Hospitality. artists and other direct
costs
Insurance
10,541
10,541
5,955
38,429
38.429
19,338
1,845
1.845
3,079
Utilities
1,549
1,549
3.344
Cleaning
Repairs and renewals
Professional fee
2,092
2,092
593
31
31
240
Accountancy
Bank charges
Subscriptions
Depreciation
330
330
300
178
388
178
388
467
19,216
19,216
17,783
Total expendlture on charitable
TOTAL EXPENDITURE
75,789
75,789
55,794

Notes to the accounts
{cont)
Note 5
Tangible fixed assets
5.1 Cost or valuation
Freehold land
and buildings
Plant and
machinery
Total
At the beginning of
the year
Additions
850,719
268,408
1,119,127
15,200
15,200
Revaluations
Disposals
Transfers '
At end of the year
850,719
283.608
1.134,327
5.2 Depreciation and impairments
At beginning of the
year
Disposals
388,468
265,959
654,427
Depreciation
17,015
2,201
19,216
Impairment
Transfers,
At end of the year
405,483
268,160
673,643
5.3 Net book value
3110312023
3110312024
462 251
445,236
2,449
15,448
464 700
460,684

Notes to the accounts
(cont)
Note 6
Debtors and prepayments
6.1 Analysis of debtors
2024
2023
Trade debtors
288
Prepayments and accrued income
Other debtors
3.000
Total
3,000
288
Note 7
Creditors and accruals
7.1 Analysis of creditors
2024
2023
Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
300
300
7.2 Deferred income
Movement in deferred income account
2024
2023
Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from previous periods
Balance at the end of the reporting period