## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 01 04 2024 **To** 31 03 2025 ## Section A Reference and administration details ~~ee~~ **Charity name** Many Directions Theatre Company **Other names charity is known by** Wolf and Water Arts Company **Registered charity number (if any)** 1062876 **Charity's principal address** 33 St Peters rd Stratton Bude **Postcode EX23 9BD** **Names of the charity trustees who manage the charity** **Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any)** ~~es es nn~~ 1 Jon Munsey Chair ~~ee ee es~~ 2 Helen Venn ~~a rses~~ Resigned 21 January 3[Christopher Heard ] 2025 ~~eeee~~ 4 John Carvosso Resigned 1 March 2025 ~~ee ee es~~ Resigned 21 January 5[Caroline de Groot ] 2025 ~~ee ee ee ee~~ Resigned 21 January 6[Diana MacDonald ] Murray 2025 ~~eeee~~ 7 Phoebe Pidner Appointed 1 March 2025 ~~ee ee es~~ 8 Timothy Copp Appointed 9 June 2025 ~~es eses~~ 9 ~~es es es~~ 10 ~~a rses~~ 11 ~~ee ee es~~ 12 ~~a rses~~ 13 ~~ee ee es~~ 14 ~~a rses~~ 15 ~~ee ee es~~ 16 ~~a rses~~ 17 ~~ee ee es~~ 18 ~~a rses~~ 19 ~~ee ee es~~ 20 ~~a es es~~ **Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole year** March **2012** **TAR** 1 **Names and addresses of advisers (Optional information) Type of adviser Name Address** **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** The name of the Charity was changed to Many Directions Theatre Type of governing document Company from Wolf and Water Art Company on 23 October 2025 (eg. trust deed, constitution) Wolf and Water Arts Company was converted to a Charitable Incorporated Organisation (CIO) on 11th August 2022 and governing document dated 2nd September 2021. It was formerly a company limited by guarantee, incorporated on 8th May 1997 (Company Registration Number 03367122) and registered as a charity on 17th June 1997 (Charity Registration Number 1062876) CIO How the charity is constituted (eg. trust, association, company) The trustees are professional people drawn from the Arts and various Trustee selection methods other professional sectors and appointed at the Charity’s annual general (eg. appointed by, elected by) meeting or formal board meetings. Their time is given voluntarily. The trustees review ongoing activities and also consider new initiatives that might be developed and publicized. Briefings on matters concerning operational aspects of the charity are arranged with the senior staff from time to time, with occasional input from external consultants. ## **Additional governance issues (Optional information)** Wolf and Water Arts Company is directed by a Board of Trustees. You **may choose** to include The present trustees of the board, who are in joint control of the charity’s additional information, where finances, meet regularly to monitor the charity’s financial position. Any relevant, about: risks identified by the trustees are reviewed and systems are in place to • policies and procedures mitigate such risks. - policies and procedures adopted for the induction and training of trustees; - The Board takes responsibility for all policy decisions. The minutes of - training of trustees; Board meetings constitute the formal record of proceedings and decisions - • the charity’s organisational taken and approved by the trustees. structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system March **2012** **TAR** 2 and procedures to manage them. ## **Section C Objectives and activities** To advance public education in the Arts, particularly therapeutic Arts. **Summary of the objects of the charity set out in its governing document** The charity uses arts techniques creatively and as part of the therapeutic process with groups who are socially, mentally or physically challenged. The work generates self esteem through the development of new personal and interpersonal skills as well as raising a wider public awareness of the skills and problems of such groups. Public benefit The Trustees have considered the Charity Commission guidance on public benefit **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** March **2012** **TAR** 3 **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. Section D Achievements and performance March **2012** **TAR** 4 ## Section D Achievements and performance **Summary of the main achievements of the charity during the year** We have continued to run the Many Directions theatre group for adults with a learning disability, running a series of weekly workshops. The group presented a series of public performances at the North Devon Fringe Festival in 2025. Members of the group also attended a wide range of other activities at the festival. The group, their peers, families and the wider public all really enjoyed and valued the public performances. In performing artistic work to the local community, we fulfil a number of organisational aims. Amongst others, these include the opportunity for adults with learning disabilities to engage in creative and expressive activity, to build confidence and social engagement and to increase connection with the wider community. Furthermore, we seek to showcase the talents of this often-marginalised group of adults. March **2012** **TAR** 5 Section E Financial"review The policy of the organisation is to maintain three months running costs as reserves wherever possible. This reflects the concern of the trustees that they should maintain sufficient reserves to meet any unforeseen circumstances and in particular, to meet the organisation's obligations. Brief statèment of the charity'5 Dolicy on reserves Detsils of any funds materially in deficit Further financial review detsils (Optional information) Donations, gi ants and fees received in the year were £27,486 {2024: £16.965). You may choose to include additional information, where relevant about: the charity's principal sources of funds (including any fundraising)- how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Expenditure on charitable activities £21,267 (2024.. £16,962). There was a Surplus at the year-end of £14.078 (2024 deficit: £4,215). Unrestricted Cash Resenies at year end were £3,594 which represents 2.6 months running costs. (2024.. 4.3 months). Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name{s) Position (eg Secretary¥ Chair, etc) Date TAR March 2012 CHARITY COMMISSION FQR ENGLAND AND WALES Many Dlrections Theatre Company 1062876 Receipts and payments accounts CC16a For the perlod from 0110412024 3110312D25 Section A Receipts and payments Unrestricted funds to th8 n8arost Restri¢téd funds Endowment funds Total funds Last year to the nearest £ to thg ngarest £ to the nearest £ to the nearost £ A1 Recel ts Grants Charitable Activities Other Income 1,063 6,432 88 19,991 21,054 6,432 88 16,215 750 87 Sub total (Gross income for AR) 7,583 19,991 27,574 17,052 A2 Asset and Investment sales, (see table). Sub total 7.583 19,991 27,574 17,052 A3Pa ments Charitable Aclivite5 9,934 3,562 13,496 21.267 Sub total 9,934 3,562 13.496 21,267 A4 Asset and investment purchases, (see table) Sub totsl 9,934 3,562 13,496 21,267 Net of re¢eipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year and 2,351 48 5,993 3,594 16.429 48 2,814 19,291 14.078 4,215 8.807 22.885 13,022 8,807 CCXX R1 accounts ISSI 0811212025 Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest £ Restri¢ted funds to nearest È Endowment funds to £ Categories Details B1 Cash funds Cash at Bank 3,594 19,291 Total cash funds 3,594 19,291 lagree bala￿¢86 wilh receipts and payments a¢¢oJnll$ll Unrestrlcted funds to neaiest £ Restrlcted funds to nearest £ Endowment funds to nea￿$1 £ Detalls B2 Other monetary a$$ets Fund to which assèt bglon Currènt valuè tional Detsils Cost loptionall B3 Investment assets Fund to which assel belon Details Cost loptlonall Currènt valuè tional B4 Assets retained for the charity's own use Fund to whiGh relates Amount duè tional When du• ional Details B5 Liabilities Signod by one or two Iruslees on behalf of all the trustees Signatlire Print Name Date of roval ofyj CCXX R2 accounts {SSI 0811212025 ## **Independent examiner's report on the accounts** ## -©8000-@- **accounts Section A Independent Examiner’s Report Report to the trustees/ Many Directions Theatre Company members of** ~~a~~ **On accounts for the year Charity no 1062876 ended March 2025 (if any)** ~~reee~~ **Set out on pages 1** - **Respective responsibilities of trustees and examiner** - The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. - **Basis of independent** My examination was carried out in accordance with general Directions given by the **examiner’s statement** 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 the 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** In connection with my examination, no matter has come to my attention which gives **statement** me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met. **Date:** 11 December 2025 ~~—~~ **Signed: Name:** Veronica Mathieson ~~OO~~ **Relevant professional** Exeter Community Accounting **qualification(s) or body (if any):** **Address:** Exeter Community Accounting, 48 Willeys Avenue, Exeter EX2 8EP ~~OO~~ 1