Company registration number,, 03360794
Charity registration number., 1068469
Entelechy Arts Limited
IA company limlted by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
Fleld Sullivan Limited
9 Hare & Billet Road
Blackheath
SE3 ORB

Entelechy Arts Limlted
Contents
Reference and Adminlstrative Details
Trustees, Report
2to6
statement of Trustees, Responsibi1Stles
Independent Examiner's Report
8t09
Statement of Financial Activitles
io
Balance Sheet
iito12
Note5 to the Flnancial Statements
13to26

Entelechy Arts Limited
Reference and Administrative Details
Chalrman
Paul Cann OBE
Trustees
Donell Atkinson-lohnson
James Bird
Louisa 8org-Costan2i Potts
Paul Cann OBE
Kurban Haji
Rosallne Muirhead
Alison Rich
Jane Senior
Redmond White
Secretary
Redmond White
Charlty Reglstratlon Number
1068469
Company Reglstratlon Number
03360794
The charity is incorporated in England and Wales.
The Albany (Room 691
Douglas Way
Deptford
London
SE8 4AG
Reglstered Office
Independent Examlner
Field Sullivan Limited
9 Hare & Billet Road
Blackheath
SE3 ORB
Bankers
CAF Bank
Charlties Aid Foundatlon
25 Kings Hill Avenue
Kings Hill
West Malllng
Kent
ME19 4TA
Page I

Entelechy Arts Limited
Trustees, Report
The Company's Charltable ObJectS
To use arts and other social practices to enable older people and adults with learning disabillties to work with
others from their communlties in new and valued ways and to develop long term sustained practice with
Individuals and groups in SouthEast London; and to disseminate Informatlon about working practices and
procedures to audiences at regional, national and international levels.
Mlssion and Value5
Entelechy Arts is a hub of artists and changemakers, Creating ploneering prolects which bring together art, care,
wellbeing and community. We work with people who experience loneliness and face barriers to social and cultural
opportunity and visibility: disabled adults and older people experiencing physical or mental ill health. Our mission
Is to create a more equal society and reduce lonellness through our artistlc programmes. Our work demonstrates
the powerful creative contribution th3t any Individual can make to the world and brings people together. We
empower communities to make artistic work with individual, local, national and International impact, co-created
with our Assoclate Artlsts.
Our roots are in south-east London. but our work travels to Coventry, Bournemouth and Stockton, to Wales and
Internationally.
The following 5 values Ilve and breathe through every element of our work - both our creative programmes, and
our operations as a business..
Inclusivity.. Our work is co-created with our communities. It is authentically Inclusive to the people we collaborate
with, and we strive to continue to grow in this area.
Collaboration.. We recognise that there is strength in numbers and the best, most pioneering projects come from
deep, long-lasting relationshlps and partnership working.
Changemaking: Everythlng we do is connected to our core mission to make real and lasting change for the
communlties we work with.
Joy., Whilst we are commltted to all our programmes stimulating change and provoking important conversation5,
this does not mean that all we do15 seriousl All our projects exude connection, hope and loy
Innovation.. We are finding pioneering new ways of living, listening, thinking, creating and growlng as a Society.
The Management Commlttee engage the Director who is responsible for the overall management of the company
within the policies and guidellnes as set down by the Board of Directors. At 31 March 2024, the organisation had
core team of elght part-time staff with responsibility for managing Individual programme areas and
management/organlsational runnlng support.
Work is further supported by a number of associate artists and freelancers.
Page 2

Entelechy Arts Limlted
Trustees, Report
Review of A¢tlvltles
During the 2023 2024 financial year Entelechy Art5 continued to consolldate and develop a portfolio of
programmes and projects delivering innovative practice in line with our tharitable ob5ectives. Our programmes can
be categorised Into 4 artistlc outputs..
Amblent Jam: Workshops, performances and installations co-created with artists to share dance, muslc,
sensation and Improvisation wlth differently abled people, includlng people wlth PMLD.
Creative Agelng.. An artistic programme Incorporating theatre, dance, song and storytelling, co-creèted with
people aged 65+.
- Art for Change.. Artist development and commissionlng with a network of Associate Artists.
Entelechy Arts Exchanges.. Ensuring our creative practice translates to societal change through learning and
dissemination, and engagement with the wider culture sector, policy makers and peers.
An overview of the company's programmes of work Is outlined In the Programme of Work sectlon below. The
company received support from Arts Council England (National Portfolio Funding 2023-24, year 11 and from
London Borough of Lewlsham.
Additional project fundlng was received from a number of trusts and foundations Including..
Edward Gostling Trust
Esme Fairbalrn Foundation
JP Jacobs Charitable Trust
Lewlsham NCII
London Catalyst
Natlonal Lottery Awards for All
National Lottery Heritage Fund
National Lottery Reaching Communitie5
The Lee Charity of Wllliam Hatcliffe
United Saint Saviours
In 2023 - 2024, we delivered 299 sesslons, co-created wlth our communltie5, Wlth over 3392 member attendances.
Our programmes were supported by 36 volunteers who attended 746 volunteering sessions between them.
How our actlvitles dellver publi¢ beneflt?
Our main activitles and who we try to help are described below. All our charltable activitles focus on the provision
of arts and creative projects that support the cultural Incluslon of people who have learning dlsabilities or older
marginalised people, and are undertaken to further our charitable purposes for the public benefit. The charity's
Trustees have complled with their duty to have due regard to the guldance on public benefit published by the
Commission in exercising thelr powers or duties.
Page 3

Entelechy Arts Limited
Trustees, Report
Who used and beneflted from our 5ervices7
We primarily work with adults and older people. Our communities primarily live in the London Boroughs of
Lewisham and Southwark in south-east London, though in 2023-34 we also delivered a programme of 3Ctivity In
Wales. In achleving our objective of developing inclusive opportunities for learning disabled people the work
engages with diverse groups of people who have different backgrounds and abillties. In addition to our locallv
based work, we undertake broader regionally based work with communities across London and beyond in line with
our objective of disseminating working practices and procedures to wider audiences both nationally and
internationally.
PROGRAMME OF WORK
Thls year we were proud to deliver a wide-ranging and hlgh impact programme of activity co-created wlth our
communities. We ran multiple strands of creative and soc131 workshops for the benefit of our communlties,
including a continuation of our remote 'treative cluster, programme developed during the covid-19 lockdowns, as
well as public-facing performance work and installatlons, as outlined below.
Amblent Jam
Ambient Jam workshops IAJ l and 21- movement and multi-sensory workshops for two groups of members who
have profound and multiple learnlng disabilities IPMLDI, 52 sessions delivered, 384 attendances,
Ambient Jam Collective
performance group with differently abled artlsts, we presented public 'sharings',
Including at Siobhan Davies Dance Studio and Deptford Llterature Festival, 2 sessions delivered and 44 attendance5
from members wlth PMLD.
Creatlve Ageln£
Glorious Age - our drama group of 10 long-standlng members who are aged 65 - 82. Across the year there was a
total of 36 weekly sessions and bespoke rehearsals, with 268 attendances.
Meet Me at the Albany - delivered In partnership wlth the Albany in Deptford, a vibrant weekly creative and
social programme for older adults, plus a remote 'creative clusters, programme delivered weekly by telephone. We
ran a total of 100 in-person sessions with 1711 member attendantes and 49 cluster calls with 241 on-line
attendences.
Meet Me at the Cholr - cholr singing workshops for Isolated and house-bound older people - rehearsing at The
Albany and performing at 2 Tea Dances. There were a total of 30 sessions with 435 attendances.
Meet Me at the Movies film screenings particularly designed for isolated and house-bound older people. The
films are chosen by the members, and the events involve artlsts and facilitators to engage in conversation around
the topics that the film is exploring. We ran 10 sessions with 100 attendances.
Meet Me on the Move - Artist-led trlps supporting Isolated older people to access museums and cultural venues.
We ran 4 sessions with 39 attendances. Durlng the year took trips to a range of cultural destinations and
organisations Ilnked to the creative plans of our members.
Page 4

Entelechy Arts Limited
Trustees, Report
Walking through Walls - our programme In care homes at Tower Bridge Care Home, totalllng 12 sessions and 59
attendances.
Art for Change
215t Century Tea Dance programme - vibrant events designed to create a social and performance space for
Entelechy Arts, diverse members to perform together and share their creative practice. We staged 2 events, with
104 attendees.
Continuing our mission to place our communlty at the heart of creative planning and decision-making, our
leadership programme for elders groups, 2 sessions and 7 attendances.
Entelechy Arts Exchanges
We began a project with Lewi5ham Speaking Up that will place people with PMLD at the heart of cultural actlvitv
and policy-making in thelr local area. Workshops will begin In 2024-25.
Financlal Review
The Charity can report a surplus of £94,38112023: £125,240 deflcit}.
The charity's reserves stood at £274,161 at 31 March 2024 12023.. £179,780). This comprises of unre5trlcted
general funds of £106,062 12023.. £76,1111, E39,000 of deslgnated funds 12023: £68,000) and £129,099 of
restrlcted funds12023'. £35,669). Total incoming resources for the year were £455,182 12023: £336,447). Thi5
Includes £133,226 of core funding from Arts Council England and £30,000 from London Borough of Lewisham.
Reserves Policy
Entelechy Arts has a contingency reserve to provide for unforeseen liabilities that may arise, or changes within the
grant funding envlronment. The level of this reserve is set at three months, unavoidable operating costs.
For the 2023-24 financial year this equates to £90,20012023'. E74,2691.
Rlsk Management
The Trustee5 are responsible for the management of the risks faced by Entelechy Arts. The organisation has a
written Risk Register which is revlewed quarterly. The Trustees are satisfied that the systems in place will mitigate
exposure to major rlsks, such as a signlficant reduction in statutory finding and believe that risk management is a
tool that assists in promoting its charitable purposes,
Page 5

Entelechy Arts Limlted
Trustees, Report
Structure, Governance and management
The trustees, who are directors for the purposes of company law, present the annual report together with the
financial statements of the charitable company for the year ended 31 March 2024 which have been prepared
incompllance wlth current statutory requirements, Companies Act 2006, the Charities SORP IFRS 1021 applicable to
charitles preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland and the Charities Act 2011,. and with the charity's governing document, its Memorandum and
Articles of Association.
The Company which Is limited by guarantee and ha5 no share capital, wa5 incorporated on 27 April 1997 and
commenced to operate on l November 1998 when it took over the assets, liabilities and oper2tion of Entelechy
(New Moves). The charity is governed by its Memorandum and Articles of A550ciation.
New Trustees are appointed by members of the Management Committee and hold offlce until the followlng
Annual General Meeting at which they are formally appointed.
Trustees are selected to the Board through a process of election by the existing trustees. They recelve a personal
and detailed Inductlon by the Chalr, Director and General Manager,
Trustees and offlcers
The trustees and officers serving during the year and since the year end were a5 follows:
Trustee5:
Donell Atkinson-johnson
Jame5 Bird
Louisa Borg-costanzi Potts
Paul Cann OBE
Kurban Haji
Rosaline Muirhead
Alison Rich
Jane Senior
Redmond White
Catherine Wickes Bull IReslgned 20 June 20231
Chairman:
P3uI Cann OBE
Secretary:
Redmond Whlte
Page 6

Entelechy Arts Llmited
Statement of Trustees, Responsiblllties
The trustees Iwho are also the directors of Entelechy Arts Llmlted for the purposes of company lawl are
responslble for preparing the trustees, report and the financial statements accDrdance with applicable law and
United Kingdom Accounting Standards Iunlted Kingdom Generally Accepted Accounting Practice}, Including FRS
102 "The Financial Reportlng Standard applicable In the UK and Republlc of Ireland The report and accounts have
been prepared In accordance wlth the provlsion5 in the Companies Act 2006 relating to small companles.
Company law requires the trustees to prepare flnancial statements for each financial year. Under company IBW the
trustees must not approve the financial statements unless they are satlsfSed that they give a true and falr vlew of
the state of affalrs o( the charitable company and of the incoming resources and appllcation of resources, includlng
Its income and expenditure, of the charitable company for that perlod. In preparlng these flnanclal statements, the
trustees are required to..
select suitable accounting policies and apply them consistentlv:
observe the methods and prlnclples in the Charitles SORP:
make Judgements and Estimates that are reasonable and prudent;
stzte whether appllcable accounting stand3rds, comprlslng FRS 102 have been followed, sublect to any
materlal departures dlsclosed and explained In the financlal statements; and
prepare the flnanclal statements on the golng concern basis unless It Is Inappropriate to presume that the
charitable company will contlnue in business.
The trustees are iesponsible for keeplng proper accountlng records that can dlsclose wlth reasonable accuracy at
any tlme the financial posltion of the charitable company and enable them to ensure that the finantlal statements
comply with the Companies Act 2006. They are also responsible for safeguarding the èsset5 of the charitable
company and hence for taklng reasonable steps for the prevention and detection of fraud and other Irregularities.
The trustees are responsible for the malntenance and integrity of the corporate and financlal Information Included
on the charltable company's web51te. LegI51ation governing the preparation and dis5emlnatlDn of financlal
Statements may dlffer from leglslatlon In other jurisdlctlons.
Small companles provlsion statement
This report has been prepared In accordance with the small companies regime under the Companles Act 2006.
Approved by the trustees of the char5ty on 18 December 2024 and slEned on Its behalf bv:
es Bird
Trustee
Page 7

Entelechy Arts Limited
Independent Examiner's Report to the trustees of Entelechy Arts Limited ('the Company,)
I report to the charity trustees Iwho are also Directors for the purpose of company lawl on my examination of the
accounts of the Entelechy Arts Limited I'the charitable company'l for the year ended 31 March 2024 which
comprise the Statement of Financial Activities, the Balance Sheet and related notes. 10 26
This report Is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act
2011. My work has been undertaken so that I might state to the charlty's trustees those matters l am required to
state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or
assume responslbility to anyone other than the charity and the charity's trustees as a body, for my work, for this
report, or for the opinlons I have formed,
Responslbllities and basls of report
A's the charity's trustees of Entelechy Arts Limited you are responsible for the preparation of the accounts in
accordance with the requirements of the Companies Act 20061'the 2006 Act'l.
Havlng satisfied myself that the accounts of Entelechy Arts Limited are not requlred to be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examlnation of your charity's
accounts as carrled out under section 145 of the Charities Act 2011 {'the 2011 Act'l. In carrying out my
examination I have followed the Dlrettions given by the Charity Commission under section 14515llbl of the 2011
Act.
An independent examinatlon does not involve gathering all the evidence that would be required in an audit and
consequently does not cover all the matters that an auditor considers in givlng their opinion on the financlal
statements, The planning and conduct of an audit goes beyond the Ilmited assurance that èn independent
examination can provide. Consequently l express no opinion as to whether the financlal statements present a 'true
and fair, vlew and my report is limited to those specific matters set out in the independent examinerfs statement.
Independent examlner's Statement
Since Entelechy Arts Limited's gross income exceeded £250,000 your examiner must be a member of a body Ilsted
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of ICAEW, which is one of the listed bodies.
I have completed my examination, I confirm that no matters have come to my attention In connection with the
examination giving me cause to believe..
l. accountlng records were not kept in respect of Entelechy Arts Limited as required by sectlon 386 of the 2006
Act; or
2. the accounts do not accord with those records,. or
3. the accounts do not comply wlth the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a 'true and fair view, which 15 not a matter considered as part of an
independent examinatlon,. or
Page 8

Entelechy Arts Limited
Independent Examiner's Report to the trustees of Entelechy Art5 Limited ('the Company'}
4. the account5 have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charitles applic2ble to charities preparing their
accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
{FRS 102}.
I have no concern5 and have come across no other matters in connection with the examination to whlch attention
should be drawn in thls re
rt in order to enable a proper understanding of the accounts to be reached.
Tim Sullivan FCA
Field Sullivan Limited
9 Hare & Billet Road
Blackheath
SE3 ORB
Date..
Page 9

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Entelechy Arts Limited
{Registration number: 03360794)
Balance Sheet as at 31 March 2024
2024
2023
Note
Flxed asset5
Tangible assets
li
6,261
Current assets
Debtors
12
4,363
289,229
4,293
212,347
Cash at bank and in hand
13
293,592
216,640
Credltors: Amounts falling due withln one year
14
125,6921
136,8601
Net current assets
267,900
179,780
Net assets
274,161
179,780
Funds of the charlty:
Restrlcted
129,099
35,669
Unrestrltted Income funds
Designated Funds
General Funds
39,000
106,062
68,000
76,111
Total unrestricted funds
145,062
144,111
Total funds
16
274,161
179,780
For the financial year ending 31 March 2024 the charity was entitled to exemptlon from audit under section 477 of
the Companles Act 2006 relating to small companles.
Dlrector5' responsibllitles..
The members have not required the charity to obtain an audit of its accounts for the year in question in
accordance with section 476,. and
The directors acknowledge their responsibilities for complying wlth the requirements of the Act with respect to
accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provlslons relating to companles
subject to the small companies regime wlthin Part IS of the Companies Act 2006.
The notes on pages 13 to 26 form an integr31 part of these financial statements.
Page 11

Entelechy Arts Llmited
{Registration number: 03360794)
Balance Sheet as at 31 March 2024
The flnanclal statements on pages 10 to 26 were 3pproved by the trustees, and author15ed for Issue on 18
December.2024 and slgned on their behalf by..
s Blrd
Trustee
The note5 on page5 13 to 26 form an Integral part of these flnanclal 5tatementS.
Page 12

Entelechy Arts Limlted
Notes to the Financial Statements for the Year Ended 31 March 2024
I Charlty status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share
capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in
the event of liquidation.
The address of its registered office Is..
The Albany (Room 691
Douglas Way
Deptford
London
SE8 4AG
These financial statements were authorised for issue by the trustees on 18 December 2024.
2 Accountlng pollcles
Summary of signlficant accountlng pollcles and key accountlng estimates
The prlncipal accounting policies applied In the preparatlon of these financial statement5 are set out below. These
policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial Statements have been prepared In accordance with Accounting and Reportlng by Charities..
Statement of Recommended Practite appllcable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 (effective l January 20191
(Charities SORP IFRS 1021 Second edition October 20191, the Financial Reporting Standard applicable in the UK
and Republlc of Ireland IFRS 1021. They also comply wlth the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Entelechy Arts Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilitles are
Inltially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy
notes.
Going concern
The trustees consider that there are no material uncertalnties about the charity's ability to continue as a golng
concern nor any 51gnificant areas of uncertainty that affect the carrying value of a55ets held by the charitv.
Exemptlon from preparing a cash flow statement
The charlty opted to early adopt Bulletin I publlshed on 2 February 2016 and have therefore not included a cash
flow statement in these financial statement5.
Page 13

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Judgements and key sources of estimation uncertainty
In the applScation of the ch3rity's accounting policies, the director's are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and a550ciated assumptions are based on historical experlence and other factors that are
considered to be relevant. Actual results may differ from these estlmates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to 3ccountln8 estimates
are recognised in the periods in which the estimate is revlsed where revlsions affects only that period, or in the
period of the revision and future periods where the revisions affects both current and future period5.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income w511 be
received and the amount of the income receivable can be measured reliably.
Donatlon5 and legacles
Donatlons are recognised when the charity has been notified in writing of both the amount and settlement date. In
the event that a donation is subject to condltions that require a level of performance by the charity before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully
met, or the fulfilment of those conditions is wholly within the control of the charity and It is probable that these
conditions will be fulfilled in the reportlng period.
Grants receivable
Grants are recogni5ed when the charity has an entitlement to the funds and any conditions linked to the grants
have been met, Where performance conditions are attached to the grant and are yet to be met, the Income Is
recognised as a Ilability and included on the balance sheet as deferred income to be released.
Deferred Income
Deferred income represents amounts received for future periods and is released to Incoming resources In the
period for which, It has been received. Such income Is only deferred when.,
- The donor specifies that the grant or donation must only be used in future accounting periodg,. or
The donor has imposed condltions which must be met before the charity has uncondltional entitlement.
Investment Income
Investment income on balances In bank accounts is recognised when the amount can be measured reliably. This 15
normally upon notificatlon of interests paid by the bank.
Page 14

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expendlture, it is probable
settlement is requlred and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate slmilar costs to that category. Where costs cannot be directly attributed to
particular headings they have been allocated on a basls consistent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Charitable octivitles
Charitable expenditure comprlse5 those costs incurred by the charity In the delivery of its actlvities and service5 for
its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect
nature necessary to support them.
Suppoyt costs
Support costs include Central functlons and h2ve been allocated to activity cost categories on a basis consistent
wlth the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the
time spent 2nd other costs by their usage,
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore
It meets the definition of a charitable company for UK corporatlon tax purposes. Accordingly, the charity Is
potentially exempt from tax8tion in respect of Income or capital gain5 received within categories covered by
Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Char8eable Galns Act 1992, to
the extent that such Income or gains are applled exclusively to charitable purposes.
Tangible flxed a55ets
Individual fixed assets costing £500.00 or more are inltially recorded at C05t, less any subsequent accumulated
depreciation and subsequent accumulated impairment losses.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed In the ordinary cosjrse
of business.
Trade debtor5 are recognlsed initially at the transaction prlce. They are subsequently measured at amortised cost
using the effective interest method, less provision for Impairment, A provislon for the Impairment of trade debtors
is established when there is oblective evidence that the charity wlll not be able to collect all amounts due
accordln8 to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid Investments
that are readily convertible to a known amount of cash and are subject to an insignificant risk of change In value.
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Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classlfied as current liabilities if the charlty doe5 not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date, they are prelented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost uslng
the effective Interest method.
Fund structure
Unrestricted income funds are general funds that are av211able for use at the trustees discretion In furtherance of
the objectives of the charity.
Designated funds are unre5trlcted funds set aside for specific purposes at the discretion of the trustees,
Restrictèd income funds are those donated for use in a partlcular area or for speciflc purposes, the use of which is
restricted to that area or purpose.
Pensions and other post retirement obllgations
The charity operate5 3 defined contribution pension scheme which is a penslon plan under whlch fixed
contributions are paid into a penslon fund and the charity has no legal or constructive obligation to Pay further
contributlons even if the fund does not hold sufflcient assets to pay all employees the benefits relating to
employee service In the current and prior periods.
Contributlons to defined contribution plans are recognised in the Statement of Financial Activities when they are
due. If contrlbution payments exceed the contribution due for seTvice, the excess is recognised as a prepayment.
3 Income from grants, donatlon5 & legacles
Unrestrlcted
Total
2024
Total
2023
General
Restrlcted
Donations and legacies;
Donations from individuals
Grants, including capital grants;
Grants from other charities and
organlsations
1,131
1,131
1,050
201,226
231,118
432,344
278,807
202,357
231,118
433,475
279,857
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Entelechy Arts Llmited
Notes to the Financial Statements for the Year Ended 31 March 2024
Unrestrlcted
funds
Restricted
funds
Total 2024
Total 2023
Grants
The City Bridge Trust
Oenton Charitable Trust
Edward Gostling Foundation
Esmée Fairbairn Foundation
National Lottery- Heritage Fund
Lee Charity of William Hatcliffe
London Borough of Lewisham
London Borough of Lewisham- NCIL
London Catalyst
Marsh Christinan Trust
42,000
1,500
10,000
10,000
5,000
68,000
68,000
42,477
42,477
5,000
9,600
5,000
30,000
5,000
30,000
30,200
4,168
500
30,000
15,100
15,100
The National Lottery
116.041
116,041
1,000
Oakdale
Queen Mary University
Rix-Thompson/ Bally Thomas
Southwark Charities
1.000
8,319
5,000
7,500
500
Sydney Black
The Albanv
The Headley Trust
The Hospital Saturday Fund
The JP Jacobs Charitable Trust
Trusthouse
151
20,000
4,168
5,625
15,000
6,500
6,500
United St Saviour's Charity
Arts Council England - NPO
5,000
5,000
2,750
81,826
133,226
133,226
201,226
231.118
432,344
278,807
Page 17

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
4 Income from charltable activitles
Total
2024
Total
2023
Goldsmith University
Conferences, workshops and performances
Spread the Word
The Albany
1.750
29,041
7,000
17,700
18,535
18,53S
55,491
5 Investment Income
Total
2024
Total
2023
Interest receivable and similar income;
Interest receivable on bank deposits
3,172
1,099
Page 18

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
6 Expenditure on charitable actlvltie5
Total
2024
Total
2023
Note
Staff costs
Fundraising costs
Rent
184,726
4,543
10,740
1,577
87,672
34,497
5,545
274
200,521
10,409
10,898
2,533
134,937
49,796
6,881
2,855
2,700
50
Subscriptions
Sessional and contract artists
Production expenses
Hall hire and technical support
Publititv
Consultancy and professional
Bad debts wrltten off
Depreclation of other tangible
Allocated support costs
1,170
1,565
28,492
40,107
360,801
461,687
7 Analysis of support costs
Support costs
Total
2024
Total
2023
Insurance
Telephone and fax
General office expenses
Computer support and webslte
Trustee expenses
Recruitment and staff training
Cost of trustee meetings
Independent examination
Bookkeeping
Bank charges
3,S99
1,303
2,326
1.086
562
3,032
1,588
2,479
1,379
406
2,003
442
6,975
2,533
3,792
17,833
90
3,024
14,018
129
28,492
40,107
Page 19

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
8 Trustees remuneration and expenses
No trustees, nor any persons connected wlth them, have received any remuneratlon from the charity during the
year.
No trustees have recelved any other benefits from the charity during the year.
During the year the charity paid a total of £56212023.. £4061 for trustees expenses.
9 Staff costs
The aggregate payroll costs were as follows:
2024
2023
staff costs durlng the year were:
Wages and salarles
Social security costs
Pen51on costs
other staff costs
170,377
8,370
5,001
978
185,218
10,503
4,545
255
184,726
200,521
The monthly average number of persons (including senior management / leadership team) employed by the
charity during the year expressed as full time equlvalents Wè5 as follows..
2024
No
2023
io
Charitable activlties
No employee received emoluments of more than £60,000 during the yeBr.
The total employee benefits of the key management personnel of the charity were £15,75012023 - £15,776).
The chief executlve officer, as the hlghest paid member of staff, received benefits totalling £48.000 12023
£34,222).
10 Taxation
The charity is a reglstered charity and Is therefore exempt from taxatlon.
Page 20

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
11 Tangible f ixed assets
Other tanglble
flxed asset
Total
Cost
Additlons
7,826
7,826
At 31 March 2024
7,826
7,826
Depreclation
Charge for the year
1,565
1,565
At 31 March 2024
1,565
1,565
Net book value
At 31 March 2024
6,261
6,261
12 Debtors
2024
2023
Trade debtors
500
1,850
2,443
Prepayments
3,863
4,363
4,293
13 Cash and cash equivalent5
2024
2023
Cash on hand
Cash at bank
635
135
212,212
288,594
289,229
212,347
Page 21

Entelechy Arts Llmited
Notes to the Financial Statements for the Year Ended 31 March 2024
14 Credltors: amounts falling due withln one year
2024
2023
Trade creditors
Other taxation and social security
Other credltors
Accruals
14,729
2,222
716
9,469
2,835
9,859
13,697
1,000
8,025
Deferred income
25,692
36,860
2024
2023
Deferred income at l April 2023
Resources deferred In the perlod
Amounts released from previous periods
11,0001
18,1251
1,000
8,125
1,000
Deferred Income at year end
1,000
15 Pension and other schemes
Defined contrlbutlon penslon 5theme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents
contributlons payable by the charity to the scheme and amounted to £S,00112023 - £4,545).
Page 22

Entelechy Arts Llmited
Notes to the Financial Statements for the Year Ended 31 March 2024
16 Funds
Balance at
31 March
2024
Balance at I
Aprll 2023
Incoming
resources
Resources
expended
Transfer5
UnrestrScted
General
General Funds
76,111
224.064
1155,1131
139,0001
106,062
Deslgnated
Cross-organlsation artlstic
programmes
68,000
168,0001
39,000
39,000
Total unre5trlcted
144,111
224,064
1223,1131
145,062
Restricted
Adminlstration and overheads
Associate Artists Programme
Ambient Jam
What wlll survive of us
Elders/Glorious Age
Walking Through Walls
MM at the Movies/MM on the
Move
12,079
800
84,983
138,5281
{14,6551
43,879
800
4,600
36,489
36,477
128,3851
{7,3471
16,4441
111,8671
14,142
26,846
29,130
6.444
3,784
9,500
1,417
8,262
2,147
3,997
3,946
15,9201
14,4001
134,7971
15,7311
2,253
12,4531
557
MM at the Cholr
MM on the Radio
59,723
26,470
35,669
231,118
1137,6881
129,099
Total funds
179,780
455,182
1360,8011
274,161
Page 23

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Balance at
31 March
2023
Balance at I
April 2022
Incoming
resources
Resources
expended
Transfers
Unrestrlcted
General
General Funds
113,662
166,466
1136,0171
168,0001
76,111
Deslgnoted
Cross-organlsation artistic
programmes
58,000
158,0001
68,000
68,000
Total unrestrlcted
171,662
166,466
1194,0171
144,111
Restricted
Administration and overheads
Associate Artists Programme
Ambientjam
Elders/Glorious Age
Walklng Through Walls
Thriving Communities
Queen Mary Evaluation
Programme
Manley Court
MM at the Movieslmm on the
Move
MM on the Radio
MM at the Choir
23,829
2,702
4,208
31,790
52,624
148,3851
11,8501
127,2081
128,7301
114,6351
153,7551
115,9891
1521
4,600
15,9221
3,784
18271
12,079
800
23,000
2,862
14,635
4.600
3,784
54,582
4,510
1,080
620
15,1301
12,3201
1,240
10,657
34,144
30.936
9,920
144,8011
130,9361
19,920}
8,262
3,997
2,147
8,262
3,997
2,147
133,358
169,981
1267,6701
35,669
Total f unds
305,020
336,447
1461,6871
179,780
Page 24

Entelechy Arts LSmited
Notes to the Financial Statements for the Year Ended 31 March 2024
The specific purposes for which the funds are to be applied are as follows..
Designated funds:
Cross-organlsation artistic programmes
administrative support.
Purpose.. Creatlve Ageing and AJ programmes coordination and
Restricted funds:
Admini5tratlon and overheads - funding towards salaries and other costs.
Ambient lam- Creative programme for adults with profound and complex disabilities.
Creative Aging-
Glorious Age.. Glorlous Age is Entelechy Arts, theatre company, a collectlve of people aged 65+ who create
artistic projects and performances.
Walking Through Walls.. Walking through Walls is a programme of long-term co113boration with care homes and
nursing homes in Lewisham, Tower Hamlets and Southwark.
Meet Me at the Movieslmm on the Move. MM at the Movies.. Film screenings for isolated and house-bound
older people. MM on the Move.. Artist-led trips supporting isolated older people to access museums and cultural
venues.
Meet Me at the Choir- choir singing workshops for Isolated and house-bound older people.
Meet Me on the Radlo- provide a regular space for isolated older people to come together, with a share sense of
purpose.
Art for Change-
What Will Survive of Us - cultural heritage project designed to engage people in curating and crpating their own
creative legacles.
Page 25

Entelechy Arts Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
17 Analysls of net assets between funds
Current year - net assets between funds
Total funds at
31 Mar¢h
2024
Unrestrlcted funds
General
Designated
Restricted
funds
Tangible fixed assets
Current assets
6,261
125,493
125,6921
6,261
293,592
125,6921
39,000
129,099
Current liabllities
Total net assets
106,062
39,000
129,099
274,161
Prevlous year- net assets between fund5
Total funds at
31 March
2023
Unrestrlcted funds
General
Deslgnated
Restricted
funds
Current asset5
112,971
136,8601
68,000
35,669
216,640
136,8601
Current liabilities
Total net assets
76,111
68,000
35,669
179,780
18 Related party transactions
There were no related party transactions In the year.
Page 26