Charlty reglstration number 1082783 Company r•gistratlon number 04012978 (England & Wales) BRIXTON COMMUNITY BASED LTD (a company limited by guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
BRIXTON COMMUNITY BASED LTD CONTENTS Pag• Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-17
BRixfoN COMMUNITY BASED LTD LEGAL AND ADMINISTRATIVE INFORMATION Trust••s David Baker Caroline Funnell Louise Hay Richard Hodgson Charity numb•r 1082783 Company number 04012978 Reglstered offlc• Impact Brixton 17a Electric Lane London SW9 8LA Indop•nd•nt Examlnor Azets Audrt Sep4ices 2n& Floor Regis House 45 King William Street London EC4R 9AN Bank•rs HSBC 521 Brixton Road London SVV9 8HE
BRIXTON COMMUNITY BASED LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees (who are also the directors) present their report and the independently examined financial statements of the company for the year ended 31 March 2024. STATUS Brixton Community Based Ltd (the CompanylBCBlthe Charity). registration number 04012978. is limited by guarantee and has a Memorandum and Articles of Association as rts governing document. It is a registered charity, number 1082783. CONTACT Brixton Communty Based Ltd Impact Brixton 17a Electric Lane London SW9 8LA www.brixtoncommunit based.or VISION The Charity aims to enhance the quality of life of local people by providing arts, social and educational opportunities. MISSION STATEMENT Our vision is of delivering a vibrant, livety programme for the community. Core activities Developing widely accessible communty arts projects and events generated for and by k>cal groups, schools. and individuals. Encouraging personal development. well-being, and community cohesion. EXECUTIVE SUMMARY Thanks to the generous support of funders and donors, and the work of our professional practitioners and volunteers, BCB has again succeeded in bringing widely accessible community arts projects to local groups, schools, and individuals. In the financial year ended 31 March 2024, children and young people were able to access quality performing arts through our Brixton Youth Theatre, BYT Younger, Acting Together, and Holiday Activty and Food programmes. Projects have also been delivered to promote the wellbeing of the parents of some of the groups. and to strengthen communty cohesion and social inclusion. The accounts show a deficit of £2,552 deducted from brought forward retained funds of £49.648, leaving a reseNes balance of £47,096 available for charitable activities. Six projects were delivered in the year, and Trustees agreed that shortfalls in project funding should be met from reserves, on a case-by-case basis. Twelve volunteers assisted with projects, and we thank them for their support. All activities were free of charge to participants. Page 1
BRixfoN COMMUNITY BASED LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 PROJECTS Brixton Youth Theatre Brixton Youth Theatre (BYT) is led by Artistic Co-Directors Max Gold and David Baker. BYT developed four strands of work-. BYT Youngers (7-11), B YT Older (13+}, Holiday Activbty and Food projects and an outreach project BYT Acting Together for young refugees aged 7-11 from asylum-seeking families housed in Lambeth. Byfs AIMS: To provide disadvanlaged children and young people access to high quality performing arts activities delivered by industry professionals, right in the heart of the local community. To give the participants the chance to have a break from their everyday lives, to build positive relationships and to HAVE FUN. To develop their skills, stimulate their imagination, and provide a forum for exploring their own creativity. To provide the opportunity for them to share and explore feelings. experiences. and ideas within a safe, secure, and nurturing environment. To empower young people to define their own lives by expanding their horizons, alerting them to their own potential and increasing the number of choices that are available to them. B Tixton Youth Theatre Re Byf Older Group- 13+ In 2023 was delighted to receive a further three-years of funding from Children in Need. This enabled us to continue our drama and performing arts program for young people aged 13 plus. Over the yearwe delivered 13 drama and performing arts sessions per term. over three terms, with 39 workshops in total. The workshops ran every Friday between 18'.00 - 20.'00 and were comprised of rehearsals, drama games and acting exercises. film making, script writing, spoken word, monologue workshops, casting and self-tape wort(shops, and masterclasses. We also had a range of theatre visits to see professional productions, which included trips to the Young Vic and National Theatre. Added to this were extra rehearsals and workshops for our production of 'The Chrysalids,, due for performance during July 24. The rehearsals were in-depth and to a professionally high standard, aiming to be challenging to the members, which they relished. We also had our annual Christmas Open Mic event, which was a celebration of the year, with songs, dance, monologues, and spoken word. Other activities included post show discussions, castings and auditions, work experience and work developing BYT ambassadors. The variety of activities provided young people with a broader engagement with the youth theatre, and had a galvanising effect on the group, bringing them together. enabling them to enjoy being creative, and has offered a means for them to find their voice. The buzz and excitement that these activities create are a crucial element for the success of the youth theatre. For some, we have also had success in providing alternative support for school work, including those taking exams in English and Drama and those taking part in the Duke of Edinburgh Awards. Some older members of BYT have gone on to find professional work in the industry, erther in high-profile major film and TV productions or touring with professional theatre companies. Several have gained places at Universities and Drama schools throughout the country, such as London Academy of Music and Dramatic Art, Central School of Speech and Drama, the WelshAcademy of Speech and Drama, and the Brit school. We were also proud to be invited to the pre-screening event at the Brixton Ritzy cinema, celebrating the Oscar nomination Page 2
BRIXTON COMMUNITY BASED LTD REPORT OF THE TRu¥fEES FOR THE YEAR ENDED 31 MARCH 2024 BYT Older Group- 13+ {continued) of the short film 'Stupid Boy,, where two older BYT members performed songs and spoken word alongside the Brixton Chamber Orchestra. FUNDERS: Children in Need Brixton Community Based Based at St Vincent s CentTr, Brixlon. BYT Younger5 7-11 BYT Youngers is for local disadvantaged children, aged between 7-11 years. The children meet every week on Fridays between 16:45 - 17:45 over three 13-week terms and take part in activrties including drama games and exercises, improvisation, devising, working on scripts. performing and public speaking. By engaging in fun drama and performing arts activities, we aim for the personal development of children and young people in areas such as confidence, communication, interpersonal and creative skills, and self-belief. In June 2023 we received continued funding from The National Lottery Community Fund Awards. This was greatly appreciated and has helped us to build on the success of the project. We are beginning to see some of those successes, as members reach the appropriate age and 'graduate' into the BYT Older group. This is part of our long-lerm aim to ¢reate a ladder of opportunrty for participants, and to engage them in positive activities right through their teenage years, providing a sustained distraction from some of the more negative behaviour that is widely seen in the area. We have also built on communty connections and developed cross-project links with other strands of work. such as our HAF and Acting Together projects. An aspect of this was refleded in one of the highlights of the year. which saw the group performing in our Community Rich Mix Picnic, forthe Windrush celebrations, in Brockwell Park. The young people perfomed with the older BYT, and children from our BYT Acting Together project, to celebrate Windrush Day. We are also beginning to develop the play 'Olympic Dreams, with the young people. FUNDERS: The National Lottery Community Fund Brixton Community Based Based at St Vincent's Centre. Brixton. Page 3
BRIXTON COMMUNITY BASED LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 BYT Acting Together Our Acting Together outreach pro11 is based at The Wheatsheaf Communty Hall in Vauxhall and runs throughout the year during temi-time after school. The programme provides workshops for children aged 7-11 years from an asylum-seeking background who are housed in hotels in Lambeth. After a successful first year, we were delighted to receive further funding from The Walcot Foundation to continue the project which has been opened to include children who live on the local estates. Our aim is to use drama and performing arts activities to increase spoken English, build confidence and selfosteem and to help the young people achieve more in school. We also want to give them a safe space and a welcome resprte from life in a hotel room and to encourage them to mix with other local children. As part of the project. we ran tsster sessions for children based in hotels in Clapham and Streatham. A highlight for the year was when the children performed in our Windrush Celebration Picnic in Brockwell Park. An event that saw all the BCB communrty of projects, including adults, friends, and family, come together, share food from around the world and celebrate the things that they have in common. FUNDERS: The Walcot Foundation Brixton Community Based Based at Wheatsheaf Community Hall, Vauxhall. Holiday Activities and Food (HAF) This is a programme of centrally funded drama workshops during the school holidays, for children in receipt of free school meals. We have run playschemes for 7-11-year-olds over the Easter, Summer, and Winter school holidays in the year. The activities are vaned, and in addition to drama include Tai Chi, music, devising and nutrition. Akey component of the project is a well-balanced hot lunch. A nutritious hot lunch is prepared by a member of our team with the necessary food and hygiene certification. There is an overlap between the attendees from BYT and the BYT Younger group, as so many of these young people met the eligibilrty Criteria. We have also been pleased at the number of children attending from asylum- seeking and refugee backgrounds. This is a government-funded programme. However. to include the enrichment element, we are incredibly grateful for the additional funding we have received from time to time through Lambeth Youth and Play, as the statutory funding does not cover the project costs in full. Addrtional funding enabled us to take the children on the summer HAF programme to The Royal Botanic Garden at Kew to spend the day and attend an open-air performance of 'Alice in Wonderland.. In the winter term. we took the children from the Christmas HAF to a performance of 'The Bolds, by Julian Clary at the Unicorn Theatre. We are also grateful for the support of St Vincent's Centre, Brixton, for subsidised space rental. FUNDERS: London Borough of Lambeth Lambeth Youth and Play Brixton Community Based Based at St Vincent's Centre, Brixton. Page 4
BRIXTON COMMUNITY BASED LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The Journe Makers The Journey Makers is an Arts and Crafts programme for adult asylum seekers and refugees. This has increased in popularity. and we have very positive feedback from participants citing improved mental health, confidence, and improved English language skills. It also provides a sharing of advice with people at different stages of the immigrant journey. Our co-ordinator is a former asylum seeker whose son has attended our projects and is now employed as our communty co-ordinator. FUNDERS: Lambeth Wellbeing Fund London Communty Fund Based at Wheatsheaf Community Hall, Vauxhall. Rich Mix In June 2023, Brixton Communrty Based laid on a free picnic at the Barn, Brockwell Park Community Greenhouses, as part of the Mayor's Community Weekend. Groups from B, BYT Younger, and BYT Acting Together put on performances. There was delicious home- cooked food that celebrated our rich mix of cultures, caricatures from Lamont'e Johnson. and an open mike session for song and spoken word. A great time was had by all, and we hope to make this an annual celebration of Our communty. FUNDERS: Mayor of London's Communty Fund Brixton Community Based Page 5
BRIXTON COMMUNITY BASED LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 PLANS FOR 2024125 We are delighted with the increased output from Brixton Youth Theatre as detailed in the project report. The grant for BYT Younger came to an end in April 2024 and we are grateful that The National Lottery Communrty Fund have agreed to fund this project for a further year. We are also grateful to Children in Need for their conlinued support for BYT, which allows the programme to flourish. We are keen to build on our work with the refugee community within Lambeth and are actively developing projects that will improve integration and social cohesion in our area. Funding through The Walcot Foundation for our Acting Together programme and from Lambeth Wellbeing Fund for our Journey Makers project puts us in a position to strengthen our work in this area. TRUSTEES Board membership during the year was as follows.. David Baker Caroline Funnell (Chair) Louise Hay (Company Secretary) Rich Hodgson (Treasurer) TRUSTEES, RESPONSIBILITIES Company and charty law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial statements, the trustees are required to= select suitable accounting policies and then apply them consistently. make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial posrtion of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. They are also responsible fof safeguarding the assets of the company and hence for takin9 reasonable steps for the prevention and detection of fraud and other irregularities. SMALL COMPANY EXEMPTIONS This report has been prepared and delivered in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small Companies, regime. This report was approved by the board on 20 May 2025 and signed on their behalf. Caroline Funnell (Chair) Trustee Page 6
INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEES OF BRIXTON COMMUNITY BASED LTD FOR THE YEAR ENDED 31 MARCH 2024 I report to the trustees on my examinalion of the financial statements of Brixton Community Based Ltd {the charitable company) for the period ended 31 March 2024. Responslbilities and basis of report As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act>. Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 ofthe 2006Act and are eligiblefor independent examination. I report in respect of my examination of the charitable company's financial statements carried out under section 145 of the Charities Act 2011 {the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145{5)(b) of the 2011 Act. Independent examiner's statement 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 that in any material respect.. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Acl., or 2. the financial statements do not accord with those records- or 3. the financial statements do not comply wrth the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination- or 4. the financial statements have not been prepared in accordance with the methixls and principles of the statement of Recommended Practice for accounting and reporting by charities applicable to chartties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Azets Audit Services Ltd 2nd Floor Regis House 45 King William Street London EC4R 9AN Page 7
BRIXTON COMMUNITY BASED LTD STATEMENT OF FINANCIAL ACTIVITIES AS AT 31 MARCH 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Total funds 2023 Notes ome and endowments from: Donations and legacies Activities for generating funds Investment income Income from charitable activities 48.202 48,202 45,565 1,414 173 1,414 773 114 7,670 600 Total Incom• 1,587 48,802 50.389 53,349 Ex enditure on: Charitable activities 6.500 46,441 52,941 48,423 Total exp•nditurn 6.500 46,441 52,941 48,423 Net Incomel(exp•ndltur•) (4,913) 2,361 (2,552) 4,926 Transfer beeen funds 10 {347) 347 N•t mov•m•nt In funds (5,260) 2,708 (2,552) 4,926 Fund balances at 1 April 2023 27.386 22.262 49.648 44,722 Fund balances at 31 Mar¢h 2024 22,126 24,970 47,096 49,648 The statement of fi'nancial activities includes all gains and losses re¢¢gnised in the period. All income and expendrture derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the CompaniesAct 2006. Page 8
BRIXTON COMMUNITY BASED LTD BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 1,564 56,701 1,345 60,342 58,265 61,687 Creditors: amounts falling due within one year (11,169) (12,039) Net current assets 47,096 49,648 Net asset5 47,096 49,648 Income funds Unrestricted funds Restricted funds 10 10 22,126 24,970 27,386 22,262 47,096 49,648 The company is entrtled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 wrth respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of lis financial statements for the period in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime. The financial statements were approved by the Trustees on 20 May 2025. Caroline Funnell (Chair) Trustee Company reglstratlon number 04012978 Page 9
BRIXTON COMMUNITY BASED LTD NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Charlty infomiatlon Brixton Community Based Ltd is a private Company limrted by guarantee incorporated in England and Wales. The registered office is Impact Brixton, 17a Electric Lane, London, SW9 8LA. The charitsble company meets the definition of a public benefrt entty under FRS 102. BASIS OF PREPARATION The financial statements have been prepared in accordance with the charitable company's governing documents, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019)". The charitable company is a Public Benefit Entity as defined by FRS 102. The charitable company has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. GOING CONCERN Brixton Communty Based Ltd has reported a deficit of £2,552 for the year. The trustees are of the view that the immediate future of the charitable company for the next 12 months is secure and that on this basis the charity is a going concern. CHARITABLE FUNDS Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Designated funds comprise funds which have been set aside at the discretion of the trustees for specrfic purF)oses. The purposes and uses of the designated funds are set out in the notes to the financial statements. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. INCOME All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received. Donations and legacies, including core grants, sponsorship and gifts are included in full in the Statement of Financial Activrties when receivable. Grants. where entitlement is not conditional on the delivery of a specific performance by the Charity, are recognised when the charity becomes unconditionally entrtled to the grant. Incoming resources from charitable a¢tivities include income from performance fees received under contract. Grant income included in this category provided funding to support performance activities, touring or workshop projects and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Page 10
BRIXTON COMMUNrrY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME (CONTINUED) Investment income is included when receivable. Grants received for specific purposes are treated as restrided funds. Income is deferred when performance fees or grants are received in advance of the performance or event to which they relate. DONATED SERVICES AND FACILITIES Donated professional SeiceS and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charty of the item is probable and that economic benefit can be measured reliably. In a¢¢ordan¢e with the Charities SORP (FRS 102), general volunteer time is not recognised. On receipt, donated professional services and donated facilities are recognised on the basis of the value ofthe giftto the charity which is the amount the charity would have been willing to pay to obtain seNi¢es or facilities of equivalent economic benefrt on the open market.. a corresponding amount is then recognised in expenditure in the period of receipt. EXPENDITURE All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings.. Charitable expenditure comprises those costs incurred by the charrty in the staging of its projects and performances. It includes both costs allocated directly to such activities and those costs of an indirect nature necessary to support them. TANGIBLE FIXED ASSETS Items costing in excess of £500 are capitalised. Tangible fixed assets are shown at historical cost. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and equipment 330/0 Straight line CASH AND CASH EQUIVALENTS Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown wrthin borrowings in current liabilities. 1.10 FINANCIAL INSTRUMENTS The charity only has financial assets and financial liabilities of a kind that qualify as basic financialinstruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 1.11 TAXATION The charitable company is Considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charttable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied ex¢lusivety to charitable purposes. Page 11
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1.12 DEBTORS Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. Accrued income is measured at the amount due to be received. 1.13 CREDITORS Credrtors are recognised where the charity has a present obligation resulting from a past event that will probably result in transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Other credriors and accruals recognised at their settlement amount due. CRITICALACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the charitable company's accounting policies, the trustees 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 associated assumptions are based on historical experience and other fadors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are re¢ognised in the period in which the estimate is revised, where the revision affects only that period, or in the period of the revision and future periods where the revision affects both Current and future periods. DONATIONS AND LEGACIES Unrestricted funds Restricted funds Total 2024 Total 2023 Arnold Clark Communty Fund The Wal¢ot Foundation Lambeth Wellbeing Fund The National Lottery Community Fund The National LotteryAwards forAII London Borough of Lambeth BBC Children in Need 1,000 10,000 15,000 15,000 1,260 10,000 8,202 15,000 10,000 8,202 15,000 22,805 10,500 48.202 48.202 45,565 In 2023. all income from donations and legacies was allocated to the restricted fund. INCOME FROM CHARITABLE ACTIVITIES Unrestricted funds Restricted funds Total 2024 Total 2023 Workshop income Other income 75 98 600 675 98 7,670 173 600 773 7,670 In 2023, £7,160 from charitable activities was allocated to the unrestricted fund. Page 12
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITABLE ACTIVITIES Unrestrlcted R•strlct•d funds funds Total 2024 Total 2023 Projects Rent Insurance Telephone IT costs Professional fees Office costs Bank charges Governance costs 2.919 250 348 95 185 350 88 120 2,145 46,441 49,360 250 348 95 185 350 88 120 2,145 45,018 114 318 537 12 120 1,920 6,500 46,441 52,941 48,423 In 2023, £37,682 of expenditure on charitsble activities was allocated to the restricted fund. GOVERNANCE COSTS Unr•strlcted Restrictod Funds funds Total 2024 Total 2023 Independent Examiner's fee 2,145 2,145 1,920 2,145 2,145 1,920 In 2023, all govemance costs were allocated to the unrestricted fund. TANGIBLE FIXED ASSETS Flxtures & equlpment Total 2024 Cost At 1 April 2023 and 31 March 2024 7,176 7.716 Depreclatlon At 1 April 2023 and 31 Mar¢h 2024 7,176 7.176 Net book valu• At 1 April 2023 and 31 March 2024 Page 13
BRixfoN COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 DEBTORS 2024 2023 Other debtors Prepayments 660 904 528 817 1,564 1,345 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Accruals and deferred income Other creditors 586 11,453 11,151 18 11,169 12,039 10 RESTRICTED FUNDS The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes.. At 1 April 2023 Income Expenditure Transfers At 31 March 2024 BBC Children in Need Lambeth Community Fund London Borough of Lambeth The National Lottery Community Fund The National Lottery Awards forAII Serpentine Galleries The Walcot Foundation Crystal Palace 1.189 9.654 15,000 {11,708) (5.891) 4,481 3,463 (300) 3,200 8,202 (11.147> 116 371 2.257 (2.901) 741 97 10,000 (7,395) 2,605 100 5,862 100 13.853 15,000 600 (6,809) (590) (200) (10) 22,262 48,802 (46,441) 347 24.970 BBC Children in Need provides funding for the BYT Older Group. The London Borough of Lambeth - Holiday Activities and Food during Spring and Summer 2023 and Winter 2024. The National Lottery Community Fund is for a celebratory event bringing together the participants and families of the groups the charity works with at Brixton Youth Theatre. The Walcot Foundation provides funding for the BYT Younger Group. Page 14
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11 RESTRICTED FUNDS - PRIOR YEAR (2023) The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes-. At 1 April Income Expenditure 2022 Transfers At 31 March 2023 Arnold Clark Community Fund BBC Children in Need Lambeth Community Fund Lambeth Wellbeing Fund London Borough of Lambeth The National Lottery Community Fund Serpentine Galleries The Walcot Foundation Sir Walter St. John's Educational Charity 1,000 (1.000) 1,195 10,620 10,000 110,626) {346) 1,189 9,654 13,065 (10,939) (245) 1,074 (50) 3,200 295 10,000 1.390 (9,133) 2,257 1.000 (900) (4.138) (355) 100 5,862 10,000 538 (183) 13,028 46,075 (37,682> 22,262 BBC Children in Need provides funding for the Older Group. The London Borough of Lambeth - Holiday Activities and Food during 2022 and Spring 2023. The National Lottery Community Fund is for a celebratory event bringing together the participants and families of the groups the charity works with at Brixton Youth Theatre. The Walcott Foundation provides funding for the BYT Younger Group. The Arnold Clark Community Fund was equipment for the theatre. 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted funds funds Total 2024 Fund balances at 31 March 2024 are represented by: Fixed assets Current assets Current liabilities 24,271 (2.145) 33.994 (9,024) 58,265 {11,169) Total net assets 22,126 24.970 47,096 Page15
BRIXTON COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF NET ASSETS BETWEEN FUNDS Icontinuedl Unrestricted Restricted funds funds Total 2023 Fund balances at 31 March 2023 are represented by: Fixed assets Current assets Current liabilrties 31,202 {3,816} 30,485 18,223) 61,687 112.039) Total net assets 27,386 22,262 49.648 13 COMPARATIVE STATEMENT OF FINANCIALACTIVITIES12023} Unrestricted funds Restricted funds Total funds Income and endowments from: Donations and legacies Activities for generating funds Investment income Income from charitable activities 45,565 45,565 114 7,160 114 7.670 510 Total income 7,274 46,075 53.349 nditure on: Charitable activities 10,741 37,682 48,423 Total expenditure 10,741 37.682 48.423 Net incomel(expenditurel (3,467) 8.393 4.926 Transfer between funds (841) Net movement in funds 14,308) 9,234 4,926 Fund balances at 1 April 2021 31,694 13,028 44,722 Fund balances at 31 March 2023 27,386 22,262 49,648 14 RELATED PARTY TRANSACTIONS Charity Commission has granted pemission for a trustee to be paid for seivices (other than those associated with trusteeship}. During the year the following payments were made.. £650 to C Funnell for services provided to the charrty (2023 - £2,434}. £807 to Sixteenfeet Productions for SeiceS provided to the charity {2023 £1,416). C Funnell is a director of this charity. £17,693 to D Baker for artistic director services to BYT during the year (2023 - £16,377). Page 16
BRixfoN COMMUNITY BASED LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 £3,188 was owed to D Baker at 31 March 2024 (2023 - £3,363). There were no balances due to or from other trustees at 31 March 2024 (2023 - £Nil). No other trustees received payment for services provided to the charity nor claimed for out of pockèt expenses during the year (2023 - £Nil). Page 17