REI GISTEREI D NUMBER: 4134760 (England and WAles) CHARITY NUMBER: 1088386 REPORT OF THE DIRECTORS AND UNAUDITEI D fi INANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTEE ÈJ. MGI Midgley Snelling LLP Chartered Aceouiitants Ibex House Baker Street Weybridge Surrey KT13 8AH
FELTHAM ARTS ASSOCIATION LIMITEI D A COMPANY LIMITED B Y GUARANTEE I GTSTERED NUMBER: 4134760 CONTENTS OF THE FINANCIAL STATEI MINTS FOR THE YEAR ENDED 31 MARCH 2025 Page Company Informatlon Report of the Dir¢¢tors Independent Examlner's Report io Statement of Flnancial Activities li BAlance Sheet 12 Notes to th¢ FinAneial Statement5 13 to 19
FELTIIAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTFE REI GISTERED NUMBER: 4134760 COMPATrIY INFORMATION FOR THE YEAR ENDEI D 31 MARCH 2025 DIRECTORS: C Skiuner D Perry J R Stevens N M O Pliillips J Tweedy SECRETARY: A Singh REGISTERED OFFICE: Feliliam Librllry TIie Pkazza The Centre Higli Street Felthain Middl¢sex TW13 4GU REGISTERED NUMBER: 4134760 (England and Wale5) CHARITY NUMBER: 1088386 ACCOUNTANTS: MGI Midgley Snelling LLP Clic1rtered Accountants Ibex Hoiise Baker Street Weybridge Surrey KT13 8AH Page I
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER: 4134760 REPORT OF THE DIRECTORS FOR THI YEAII EI NDED 31 MARCH 2025 FELTHAM ARTS ASSOCIATION LIMTED (A COMPANY LIMITED BY GUARANTCE) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE AND GOVERNANCE The Trustees, wlio are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements of Fgliham Arts Asso¢i&tion (FAA) (tlie Charity) for the year ended 31 March 2025, The Board of Trustees typically has skills end expertise in Ilie arts and coinmunity development, human resour¢es, business strategy, communiGations. education, fLnancial maThagemenl and organisalional developm¢nt. The Board of Trustees is responsible for Ilie overall governance and strategic dir¢¢tion of the charity. The Management Team is led by the Board of Trustees who manage the charity on a day lo day basis. Th¢ size and constitution of the Board is review¢d tlirough a regular ski115 audit and we welcoin¢ any interested individuals lo join the FAA Board or Advisory Conunittee. PRINCIPAL ACTIVITIES STATUS The charity was established as a company limited by guarantee on 3 January 2001 (NO. 4134760) and is registered with the commission (NO. 1088386). The net assets of the unincorpordted charity, Feltham Arts Asso¢iation, were tranSfe¢d to th¢ company on 3rd January 2001. The company wa5 established under a Memorandum of Association, which established the objects and powers of the ¢haritable company and is governed und¢r its Articles of Asso¢iation. Under those articles, the members of th¢ Board are elected at the AGM to serve a period of up to 8 years, subject to ratific&tion at each AGM. OBJECTS The company 15 established to promote, maintain, impiL)ve and advance education by the encouragement of the arts. VISION Communities in West Hounslow have acces5 to a thriving arts ecology. MISSION Feltham Arts Association is committed to working with voluntary attd statutory org8nisation8 in Hounslow, to broaden ommunity participation in creative activity ¢elebrating cultural diversity 8nd providing opportunities for personal developmgnt aT]d shared experiences tl]rough community events. AIMS AND OBJECTIVES Over the next five year5, Feltham Arts Association aims to expand, develop and continue to be a cliarity which is valued and supported by residents, artists, partners and nderS as providing the platfom for a strong and sustainable arts economy in West Hounslow. We will do this through delivery of the following objectives. We will l) Continiie to deliver a liigh quality progi?nime of arts activities to local resideiils, responding to their need. 2) Work effectively with a range of new aiid existing p8rln¢rs 3) Devolop our rol¢ as representing the comnjunities of Wesl Hounslow 4) Improvc our fiiian¢ial sustainability, attracting income fi'om a range of sources 5) Bnsure our governan¢¢ is strong and ¢ffeclive. The organisation's aims are to develop the rapacity of individuals as well as enhance ¢ommunity ¢ohesion through participation in a wide rango of Greativity based WOTkshops both in schools and across the wider conimunity at outreach Page 2
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER: 4134760 REPORT OF THE DIRECTORS FOR TIIE YEAR ENDED 31 MARCH 2025 venues, Feltham Arts champions participation in high quality arts and stimulating ¢reativ¢ activities as a tool for improving the, health and wellbeing, quality of life and learning for individuals, groups and communitie5. Active citizens who have a pride in their town and a willingness to get involved in local activities and issues, to bring people together in respect and Celebration, through community events Work with residents, groups on the deprived estates to boost the capacity of local people to take wntrol off omrnunity activities encouraging greater participation in creative activity and community cohesion. Increased confidenc¢ of adults in their ability to learn alld develop new skills, the d¢velopment of their aspirations to take up further opportunitigs, training and employment. Young people being given vo¢ation81 direction in the creative industries Increased confidence of children in a learning enviroi)ment and the development of their sense of individua5ity and creativity.. designing and delivering innovative programmes for people of all abilities, for disengaged learners and for excluded or at risk pupils Volunteer opportunitie5 to support ole¢ staff and art15ts and their art activiticslpractice Work in diversity and inclusion.. using the art5 to support and empower people Development of local artists: we work to ensure that artists have the skills and n¢tworks they need to support local people. and in bjm increase the value that arts have in the local Gommunity. DIRECTORS The directors of the company during the year were:. C Skinner DPe J R Stevens N M O Phillips J Tweedy A Dollery (resigned 14.07.25) L Ashby (resigned L6.09.24) S Gom¢z (resigned 14.05,24) RECRUITMENT AND APPOINTMENT OF TRUSTEES The inanagement of th¢ charity is th¢ responsibility of tli¢ TSte¢S wlio are elected 8nd Co-opted under the lemis of the Articles of Association. The OTganisation operates an open recyuitment process togetl)er witli informal networks. based on Ilie Board of Truslecs, skills &udit carried out prior to recniilinent of new trustees. FAA has an on-goii)g proces5 of seeking to recruit iiew tNstees ¢0 strcngthcn aud diversify tlie Board. Prospective trustees 4r¢ asked to provide tlie board witli Ilieir CV and a letter expressing interest. Tiiey are offered a pliased engagement with tlie organisalion. Once identified, potential trustees aTe interviewed and appointed by a simple majority Vote of existing lrnslees. Informal Ine¢tings with senior Staff and tru5t¢cs are undertaken, including th¢ opportunity of sit¢ visits to operational services. More formal meetings are tlien offered including attendance, as an observer,, at a fonnal Board of Trustees meeting. If mutually agreed. trustees are then appoiDted tlirough invitation and resolution. Page 3
FELTHAM ARTS ASSOCIATION LITrIITED A COMPANY LIMITED B Y GUARANTEL REGISTERED NUMBER: 4134760 REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 Trust¢es liave u six month probationary period before appointment. All Iru5tees are required to sign the Role of Tru51¢¢s Document and ¢omple¢¢ a r¢gi51er of interest, declaration of related paty llitert aud fLt and proper status forni. INDUCTION AP4D TRAINING OF TRUSTEES All Iru5t¢es appointed to the board receiv¢ a 11 induction briefing by the Trustee5. which includes the history of tile orEanisation, its, current strategy and futsre developineiits. Newly appointed trustees are ei)couraged lo att¢nd extenial gov¢rnance training events. All tNstees are kept up to dat¢ willi changes in charity law and Injslee responsibilities aTJd are invited to attend occasional trnining sessions relevant to the work of ili¢ charity. FINANCIAL REVIEW Feltham Arts key financial objective is to ensure financial stability and continued solvency y¢ar on year so that it Can pursue its organisational aims and obje¢tive5. Whilst th¢ economi¢ Climate Temained a challenge over the past yeaT and as we ¢ame to the end of the National Lottery funding, Feltham Arts was able to deliver a scaled back programme for the first six inonths and maintained sufficient levels of incom¢ to ¢ontinu¢ its work during the period. In the second half of the year Feltham Arts was successful in securing a further three years of funding through the National Lottery Fund. Feltham Arts has secured diverse fundiiig throughout the 2024-2025 financial year. National Lottery- Community Fund, 3 years funding fotal £450,000. (Year l Nov 2024- Ocl 2025) London Borough of Hounslow (2020-2025) - We Are Hounslow. 5 years fijnding tolal £187,500 Income from services £12,295 has b¢en generated through project and income from services.over the year this ¢ame through a range of arts provision with seTvice delivery partners including The Centre. Feltham and Orchard Road Primary School. Th¢ Centre, Feltham- £l1.135 Orchard Primary School £1,160 Additional Income from tli¢ Londoii Borou h ofHounslow LBH Thriving Communities- Revenuc Fund- Estate programme £11,006 (second in5talment) LBH Thriving Communities - Capital Fund- Station Gallery £17,310 (Year l) LBH Thriving Communi¢ie5- London N¢w Year's D&y Parade -£12,000 Other Fundin tIneome BBC Children in Need 2023-26- Total £45,000, Year 2- £15,000 UK Shared Prosperity Fund- £5,000 Donations £60 Page 4
FELTHAM ARTS ASSOCIATIOIN LIMITED A COMPANY LIMITED B Y GUARANTEE REGISTERED NUMBER.. 4134760 REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARC14 2025 MARKETING AND COMMUNICATIONS The strategi¢ aim of Feltham Arts public communic&tion5 work is that il reaches a wide external audien¢e via a range of channels using an id¢ntifiable style and recognised branding. Raising our profile in the local area will enable us to reach more residents, and engage them in the various activities we offer. However, it will also serve to support the loGal arts ecology. providing a plalfoTm for artists to network, innovate, create work opportunities and collaborate. A key priority over the past year has been to evaluate cutrent marketing stra¢egies and then develop a Marketing and Communications Plan witli spe¢ifi¢ methods to best reach tget audiences. Crucial to the success of tUre marketing initiatives will be devoting adequate human (staff, Board. and volunteer) and financial resources towards these efforts and working with our partners to ensure il reaches those who would most benefit. FINANCIAL REVIEW The Trustees maintain arL ovcrvi¢w of Feltham Arts finaiices by.. Setting and reviewing budgets S¢rulinising in¢ome and expenditure Authorising grant applications, signing grant coiidilions Reviewing financial procedures Taking any necessary action on financial issues betsveen Board of Tnistees meetings. REVIEW Feltham Arts Association will be cominitted to expanding, developing and continuing to be a charity whicl) 15 valued &nd supported by residents. artists, partners and fisnders as providing the platforni for a strong and 5UStainable arts ¢¢onomy in West Hounslow. 1¢ are rooted in, and respond to the communities of West Hounslow- and are committed to staying that way-ensuring that our first and foremost objective is to deliver a high quality programme ofarls activities to local residents, responding to their needs, based on a thorough understanding and knowledge of their needs. Our strengths lie in our relationsliips aiid comrnunity suppoo infomied by working within the community for more than 35 years, we will continue to work effectively with a range of new and existing partners over the coming years. In order to ensure we do this - we are committed to developing OUT delivery across three broad areas (set out below) which can be expanded and developed as funds allow, and which enable Feltham Arts to deliver our mission. l. EugAElng Local People in the Arts R¢sidents in tlie west of Hounslow are iiot only the most deprived in tlie Borough, but lllso those wlio access arts the least- and potentially have tile most to gain from a vibrant arts ecology. We will encourage many more lo¢al people to get involved in arts activiti¢s wlii¢li meet tlieir tLeeds, we will a150 have expanded our partrLer5hip work lo ensure that we represent a wide range of Ioc81 ¢ominuiiities in our activili¢s. In order to deliver a $lep-¢hange in our d¢livery, we need lo continue to ittcrease our resoiircing (boili liumaii and finaiicip41)- focusiiig on our outreach and ¢ngagornent work to ensure w¢ continue to work with and meet the needs of our local comniunities. 2. Fostering Civic Pride Felth&in Arts will apply creative solutions lo produce projects tliat lielp to break down barriers and build a p051tive ideiitity of the area through engagenient in the arts. Page 5
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER: 4134760 REPORT OF THE DIRECTORS FOR TFIE YEAR ENDED 31 MARCH 2025 Using our strong relationships and partnerships witli tli¢ local authority and VCSE orgaiiisations, we ivill develop more programmcs and approach¢s which understand and hariiess Ilie assets iii neiglibourhoods and communities and to assist alternative nettvorks of siipport for residents to lead, access and develop their interest in the arts. Through an 8rts programme shaped by residents we want to contribiite to achieving thriving and responsive communities. 3. DevelopinE tlie Arts Ecology A thriving arts ecology in Felthain not only provides opportunities for local residents ond artists to engage with more creative opportuilllies but also will allow Felihain Arts to continue to work witli10¢81 artists and d¢velop responsive opportunities which meet local iieeds. W¢ will have developed new opportunities for prof¢ssioiial developm¢nt that will work to ¢nsur¢ tliat artists have the skills and networks they need lo support local people, and turn inor¢ase the value that art5 have in the lo¢al cominunity. In rn this will h¢lp to drive Ilie base of botli arts eGoiiomy and e¢ology local artists, to d¢liver a miicli broader and more sustainable range of activities than we can do on our own, directly supporting our overall mission. As Feltharn's needs and demographics ¢ontinu¢ to change, we want to remain rooted in the ¢ommunity, reflecting the desires and challenges that they have and responding to them in a way that Greates opporbjnities for skills developmeni, work and community cohesion. However more that, we want to play 8 key role in developing a thriving arts ecology in West Hounslow - giving space, time and i'esources ¢0 the artists and people who live and work here and working together to make the area a creative hive of activity. By generating opportuniti¢s, we will drive increased skills and employment, and generate income for the area supporting its ongoing economic development. We are confident in what we do, and the value it ha5 ¢0 local peopl¢. the economy and the 8rtistic environment and will use this to develop our role and income to support it. FELTHAM ARTS OBJECTIVES 2024-25 The fLnancial period ¢over¢d the last years delivery of tlie 'Connecting Coinmunities througli tlie Arts, project fyi)ded by the National Lottery grftnt. Tlie ndIng was originally s¢lieduled lo be delivered frorn 2020-2023. however the pandemic meant a year's delay iii ¢l)e programine being rolled out. Post P81)demi¢ presei)ted tli¢ organisation wilh a Iiumber of challenges in the first year witli distaiicing ineasiires still iii place. however, we su¢¢es8filly navigated & new way of workiiig in response. In addition, over the past two yeArs the cost of living Grisis significai)tly impacted the ¢oinmunity and w¢ saw H rise in demand for oiir services. engaging over 5,000 people of all age5 and approxin)ttlely 8,000 audien¢e meinbers. Th¢ OTBanisatioii secured ndIng from the BBC Children in Need: to continu¢ tlie employment of tlie Outreach Community Worker and build on tli¢ delivery of FA'S outreacli programme from May. We sllw further iDcre85e in demand for our s¢rYices and very positive feedback demonstrating how irnportant tliis work is to our participants. The organisalion also acknowledged the impact tlint the cost of living was luving on people's lives and the added stress tliis was h4ving on people, therefore offeriiig free provision was crucially important. Wlicn tbe National Lollery funding came to an end and a small fee wlls iiitroduced to some ¢lasses it became appareiit Ilial this was not affordable for oiir participants and th¢ classes wer¢ no loiiger sustainable and as a result stopped running, until we se¢ured the National Lottery fijnding in November 2024 and tl)¢ free Classes were reinstated, we saw higli allendaiice Icvcls once again. During this period we d¢livered a third year of tlie Feltliani S¢atron Gallery alld Fellknm Festival nded Ilwougli Uie LBH Thriving Conimunities Capital fund. As core llding streams were coming to an end, FAA required a sustainability plan i])is covered: Page 6
FELTHAM ARTS ASSOCIATION LIMITED A COTrIPANY LIMtTED BY GUARANTEE REGISTERED NUMBER: 413476(1 REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 Developing and maiDtaining the reacli of Ihc arts programm¢ On site (Tlie Hub) and outrgach face to fac¢ delivery of all services maintainin8 impact across Hounslow (mainly in Ilic west Rrea) through delivery of projects outr¢acli and outdoors adapting th¢ programme to ensure we deliver quality arts activity to our most vulnerable comrnunity including Children, adults and old¢r pcople living iii sheltered accommodation working with a raiige of existing and new partners to support developmcnl exploring th¢ pot¢DUal of co-production with artists, partners and cominunily 2. Building thc liealth of the orgallisation Relaitting Il)e capability of tlie organisalion lo ertsiir¢ business continuity and recovery including witli existing and prospective funders Fundraising to continue the 'Coiinectii)g Coinmunities tlirougli the Arts, progi'anim¢ Devising a 5-year plan lo rebuild Il)e financial liealtli and resilience of tlie orgaiiization and ali exit strategy ili the event ongoing fiinding wa5 not s¢cured. In prepariiig this r¢port the Trustees liave Gonsid¢red progress made 2n this period against tliese purposes. In particular in 2024-25 tlie charity has.. Adv4n¢¢d tb¢ arts, through delivery in schools, outr¢ach venues. sheltered aecommod8tion, parks. Libraries, in person. Promoted pliysical and mental health and reduced isolation Supported tlie local arts ecology employing local artists and volunteers BTought the community, local arli5ts and national artists and volullteers together in celebration at oiiidoor events Continued to deliver a programme to meet tlie needs and desires of Hounslow's residents So¢ured a rther 3 years 1)dIllg through Ilie National Lottery for the Coiiiiecling Communities through Ilie Arts programine and all additional year of tlic London Borougli of Hounslow 'We Are Hounslow, fund. CREATIVE PROGRAMME- REVIEW OF THE YEAR Review by programme strand.. CONNECTING COMMUNITIES THROUGH THE ARTS National Lottery'Reaching Commullities, & London Borough of Houn51ow'We Are Hounslow, Young People 7-12 Years MultT Arts Programme TIIis Work with 7-12 y¢ar old's includes after scliool art clubs, sessions during half terms and summer arl cemps al tlie Missioii Hall, Sparrow Fami, Higlifields, Oriel and Heston Farm Eslale5. AclivLlics included a TaDge of arts and crafts activity as well os pliotograpliy, stop motion animation, making pupp¢ts, drama and daneing. Young People 12-18 Year5 Multi Arts Progr2mme Young people collaborated witli selected local and national artist professionals to produce artwork for the Feltham Station Gallery. Activities for Under 5's and their famllles Tiny Talc5- Storytelling for linder 5's and t]ieir families took p18¢¢ weekly at Tli¢ Centre, Feltham giving families the chance to meet and take paTt in activities. Pag¢ 7
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED B Y GUARANTEE REGTSTERED NUMBER: 4134760 REPORT OF THE DJIIECTORS FOR THE YEAR ENDED 31 MARCH 2025 Children & Family Programme A range of activitt'es were programmed including piippet theatre, circus performances and participatory workshops for children and families lo enjoy. This work has bcen delivered in partncrsljip with The Centre, Feliham. Adults & Older People We Tan a series of olasses and workshops in sl)eltered acconiniodalion for older people 85 well as bespoke events wlien requested. We also ran regular art classes and a¢livilies for adults and older people iii the Community, These includ¢d sewing, knittinglcrochet, watercolours 8iid mosaics. Fe5tivallOutdoor Events LBH We Are Hounslow, LBH Tliriving Communtties Trleighbourliood Grant and Tlie Centre, IT¢ltham A scaled back F¢ltlillni Festival was lield throughout Mey 2024. delivering the Community Funday and series of exhibitions celebrating the creative achievements of local people and organisatioiis working across Feltliam, Hanworth and Bedfont. In November we delivered a series of children's lantern making workshops in parffiership with IL)cal primary schools who woiild go on to participat¢ in thg Winters Night Carnival in Feltham town centre. OUTREACH ESTATES ARTS PROGRAMME Funded tlirough London Borough of Hounslow 'Tliriving Communities, 8nd BBC Children In Need Young People 7-12 Years Estate Based Prograrnme This work with 7-12 year olds includes after school art clubs, sessions during half temis and summer art cainps al the Mission Hall. Sparrow Fami, Highfields, Oriel and Heston Farm Estates. Activities included & rdnge of arts and crafts activity as well as photography, slop motion animation. making puppets and dancing. Culminating in exhibitions and performances. The young people also participated in the Winters Night Carnival. CHILDREN & FAMIL Y PROGRAMME The Centre, Feltham 2024-25 We have progrnmrned a rlinge of acliviti¢s, puppet tlielltre sliows, outdoor arts, ¢ircus perforniances and participatory worksliops for children aiid fainilies to enjoy tlirouglioul the year. This work lias been d¢livered iii partii¢rsliip with The Centre. Feliliam. VOLUNTEERING Volunteers are central to FAA'S approach and ability to offer a wide range of projects, the importance of our volunteers throughout and since the pandemic and cost of living Grisis cannot be underestimated, they have supported the delivery of in person workshops and events. PARTNERSHIPS Feltharn Arts can only survive, exist and flourish through strong and effective partherships and through aligning with relevant strategi¢s, parther5 includ¢ key strategic and CUlra1 agencies, local authoritie5, educational organisations and agencie5, relevant non-statutory bodies, community groups, businesses. creative and media. We continue to work Closely with key parniers to ensure that projects are tailored to their requirements and that we maintain quality and standards. Partt)ership projects with local voluntary and statutory agetLcies whicli target groups most in need. Partners include s¢liools, tl)e Reacli Hub, Hounslow Housing. Hounslow Arts Centre - Mental Health Programme, LBH Refugee and Asylum seekers support services. Feltham in Bloom, Friends of Feltham Green, friends of Bridgehouse Pond, Metropolitan Police, Youth Offendiiig Team, Library and Hounslow Leisure Services. We worked c105ely with local SEN schools and cliildT¢n with learning needs. We continued to work closely with our Cultural sector parmers throughout Hounslow's Cultural Providers Ngtwork steering group. Page 8
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER: 4134760 REPORT OF THE DIRECTORS FOR THK YEAR ENDED 31 tIlARCH 2025 STATEMENT OF DIIiEcfoRS' RESPONSIBJLrfiES The direotDrs ar¢ r¢spon5ible foT preparing th¢ Report of the Dii'ectors and th¢ financial slat¢m¢nts in nG¢ordan¢¢ with applicable law aud r¢gulations. Cornp8ny law r¢quire5 the directors to prepare financial 5tatemeiits for eacli fanCIal year which give a Itt and fair vi¢w of th¢ stale of affairs of the company and of the SUTplus or dcficit of the Company for that period ITh preparing thes¢ financial statements, the dir¢ctor5 ore required to: select suitabl¢ a¢couuting policies alld then apply tli¢m consistently; observe the methods and principlc$ in the Cliarities SORP 20R9 (Fks 102). make judgem¢nts and estimates tiiat reasonable Prudent. prcpar¢ the fjnancial statements on the going 'concern basis unless it is inappropiiat¢ lo presume that th? company will continue in busitsus. The dir¢¢tors are r¢5PQD5ible for ke¢ping proper accounting re¢ord5 which disclose with reasonable accur8¢y Ot sny time tile financial position of tl)e company and w enable them to ensure that the finan¢ial slalements comply witii the Compani¢s Act 2006. They 21¢ also r¢spon5ible for safeguardin8 the assets of the Gornpany &nd henc¢ for taking reasonable steps for tlie prevention and detection of ftaud and other i¢gu[ar1tiCÈ. ACCOUNTANTS The.account8nts. MGI Midgley Snelling LLP, wtll be proposed for re-appointment 8t the fortiicoming Annual General M¢eting. This Teporl has been prepared in aceoidance with the provisions of Part 15 of th¢ Companies A¢1 2006 r¢laliDg to small ompanies and th¢ Cliarity Commission Statement of Re¢ommended Practice, ON BEHALF OF THE BOARD: D Perry- Dlrector Date Page 9
FEL THAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED B Y GUARANTEI E REGISTERED NUMBER: 4134760 INDEPENDENT EXAMINER'S REPOR T FOR THE YEAR ENDED 31 MARCH 2025 I report to the charity trustees on my examiiialion of tlie accounts of the company for the year ended 31 March 2025, which are set out on pages 1110 19. Re5ponsibillties busis of report As the charity trustees of the company (and also its dii'ectors for tlie purposes of company law) you are responsible for tbe preparation of the account5 in accoi'dai)ce with tl)e requirements of th¢ Companies Act 2006 ('Ihe 2006 A¢l'). Having satisfied myself that the accoun15 of the company are not Tequired to be audited under Parl 16 of the 2006 A¢1 and are eligible for independent exainination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ('tlie 201 l Act,). In canying out my exainiiiation I have followed tiie Directions Eiveii by the Charity Commission uiider section l45(5)(b) of the 2011 A¢t. Independent examiner's stlltement I h8ve completed my examination. l confirin Iliat no matt¢rs hav¢ coine to iny attention in coiineclion will? tlie examination giving me cause to believe that in 8ny inaterial Tespect.. accoiinting re¢ords were not kept iii respect of the company as required by section 386 of the 2006 Act. or the accounts do not ac¢ord willi tliose T¢cords' or the ttecgunts do not comply with tlie accounting requirem¢nls of section 396 of the 2006 Act other Ilian any requirement tliat the ac¢ounls give a 'true and fair view. which is not o matt¢r ¢onsidered as parl of an independent examination. or 4. the accouiits have iiot been prepared in accoidance with tlie methods and principles of the Sialement of Recommended Practice for accounting and reporting by cliarities [applicabl¢ lo Gharilies preparing their accounts in accordanc¢ witli the Finaiicial Repoi'ting Standard applicable ii) Ilie UK and Republic of Ireland (FRS 102)]. I have no concerns and Iiave come across no otlier matters ill connection with Ibe examination to whtch atteiition sliould be drawn liis report in order to enable a proper understanding of the accounts lo be re&¢hed. I Squii'es ACA or aT]d on behalf of MGI M&dgley Snclling LLP Chartered Accountants tbex House Baker Street Weybridg¢ Surrey KT13 8AH Date: la....a.-.....qQ..S... Page 10
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER: 4134760 STATEMEINT OF FINANCIAL ACTIVITIES FOR THE YEAR Ef4DED 31 MARCH 2025 INCOME AND EXPENDITURE ACCOUNT Year ended 31 Mareh 2025 Unrestricted Restricted Fund5 Funds Notes Total 2024 INCOME FROM: Donations and legacies Oiher voluntary income 174,116 174,116 146,938 ChArltable activities 11.135 1.160 12,295 20,333 Investment Income- Interest TOTAL INCOME 11.135 175,276 186.411 167,271 EXPENDITURE ON: Chorltable activities 164,899 164.899 198,231 I'OTAL EXPENDITURE 164.899 164.899 198.231 Net incomel(expenditure) 11.135 10,377 21,512 (30.960) Gross transfers between fi]nds Net movement in funds 10,377 21.512 (30,960) RECONCILIATION OF FUNDS Total fvnds brought fonvard 121,021 38,583 159,604 190,564 TOTAL FUNDS CARRIED FORW ARD ioiii 132.156 48,960 181,116 159,604 Tlie statement of financial activities includes all gains and losses recognised in tiie yeaT. All incoming resoiir¢es and resources expended derive from continuing ytctivilies. Tlie note5 on pages 13 to 19 form part of the financial stat¢metLts Page 11
FELTHAM ARTS ASSOCIATION LJMITED A COMFANY LIMrrEI D BY GUAfiANTEE GISTEtiEI D NUMBER: 4134760 BALANCE SHEET 31 MARCH 2025 2025 2024 Notes CURRENT ASSETS Debtors Cash 81 bank and in band 192795 165,141 192,795 165,141 CREDITORS Amounts fallin8.due witliin one ye4r 11.679 5.537 NET CURRENT ASSETS 15 181116 159,604 TOTAL ASSETS LESS CUtIJiENT LIABILrriES 181116 159.604 RESERVES Unrestrict¢d filnds Restricted fijnds io li 132,156 48,960 121,021 181 116 L59,604 The company is entitled to ¢x¢mption from audit uiider Section 477 of thts Companies AGI 2006 for th¢ year ¢nd¢d 31 March 2025. Th¢ tnembers hav¢ not r¢qutr¢d the cornpally to obtaiu an audil of its financial ststemellts for the ye8r ended 31 March 2025 in accordance witli Section 476 of the Companic5 Act 2006. The directors a¢knowledge theirresponsibiliti¢5 for.. (8) ensuring ¢hal the company keeps accounliiig records wliiGh ¢omply with Sections 386 and 387 of the Compani¢$ Act 2006 and (b) preparing financial slatemellts wbiGli gly¢ R te and fair view of tlis slate of affairs of the compatty fis at th¢ of each financial year Bnd of its SUTplu$ or deficit for eacl) falicIal y¢ar in aecord8nce with the requirements of Sections 394 and 395 and which othe15¢ Gomply with the reqiiir¢mcnts of tli¢ Comp8nie$ Act 2006 rel6ting to rinanoial statements, so far as applicable to tlie company. Th¢ financial slatsments hJv¥ br¢n prepared in accordanG¢ with the provisions of Part J5 of tbe Companie5 Act 2006 reltting to small companies. The financial stat¢m¢nts w¢re Bpproved by tlie Board of Direclors o its behalf by: /0 - and wth'e signed on D Pery- Dir¢ctOT Tlie notes fonn part of tliese financial slatem¢Dts Page 12
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMrrED B Y GUA114NTEE REGISTEREI D NUMBER: 4134760 NOTES TO THE FINANCIAL ST A TEMENTS FOR THE YfiAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Statutory Informthtlon Felth8m Arts Association Limited is 8 private Company, limited by gvar8ntee. regi5ter¢d in England atjd Wales. Tlie company'5 register¢d number aiid registered office addr¢ss can b¢ found on the Company Infornulion page. Accountlllg convention These fill8n¢ial stal¢m¢nts have been prepared ill accord<lnce with the provisions of Seciion IA "Small Entities" of Financial Reportiiig Standard 102 'Tlie Financial Reporting Standard appli¢able in the UK and Republi¢ of Ireland" Bnd the Companies Art 2006. Tl)e financial slatemeiits liave been prepared vnd¢r the historical ¢08t conventiou. Incoming resources i) Grants and donations are recognised as and when received, 1bject to provision for grants rec¢ived in respect of future periods. ii) Other incon)e 15 re¢ogiiiscd wlien received. Resources expended Expendillire 15 re¢ognized on an accriials basis as liiÈ bility is IncUed. Exp¢iidittire includes any VAT, wliich cai]not be fully recovered, and is reported as part of tl)c expenditttre lo which it relates. C05t5 of generaliiig fiinds cornprise Ilie costs associated with attr&¢ling voliintary income Ch&ritable expenditure comprises tiiose ¢osts incurred by the charity in the delivery of its activities aiid services for its benefi¢iaiies. It includes both costs tlial can be allocated directly lo such activities and 11105e ¢osts of un indirect ll8re necess1£ ry lo support them. Governance costs include thos¢ Costs associated with rneeting the eonstitulional and slatytory reqiiirements of the charity and include the aG¢oimtancy fees und ¢osls linked to (hc str8tegic mnnagenient of tli¢ cliarity. All costs are allocated betw¢¢n tlie expenditure categories of the SOFA on a basis designcd lo reflect the iise of the resource. Costs relating to a particular activity are allocated directly. Support costs are allocated based on usage levels. Golng Coneern Tlie Cliarity's reserves remain in a healthy position a5 Il¢tivity conliniies to iiicrease witli moro ¢vents happening tt)rougliout the year. The tNslees have reviewed aiid stt'es5 tested projections and biidgets for tlie next twelve month5 and ¢onsider the Charity to be a going coii¢ern, Fund &¢¢ountinE Unre5triGted funds are available for use at Ilie dis¢tiO1] of the trustees in fiirtlierance of the general objectiv¢ of the charity and whicli have iiol been d¢5igi)ftted for otl)¢r putposes. D¢5ignated fiinds are comprised of unrestricted fiinds Iliat liave been sel aside by the Tnistees for a particular puTrose. Restricted fiinds are subjected to restri¢lions on their expendire irnposed by th¥ donor or tlirough tlie temis of an appeal. Page 13
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LtrvIlTED B Y GUARANTEE EGISTERED NUMBER: 4134760 NOTES TO THE FINANCIAL STATETVIENTS FOR THE YEAR ENDED 31 IMARCH 2025 ACCOUNTING POLICIES (CONT) Reserve5 policy The directors of Feliham Arts Association Limited will eiideavour to ensure thttt the charity has tlie equivalent of t least eight month5 expendittire (including redundancy eosts) in unrestricted funds lo meet ongoing ¢onlractual commitments and stsff costs in the event of operational difficulties or if tlie organisalion was unable lo continiie. As a general principle any unrestricted fi]nds Used by Feltham Arts Association Limited in th¢ short term from ils own unrestricted ndS to cover lateldelayed reserved in¢ome from ststulory and external funders, niiist be replaced immediately on receipt of the restri¢t¢d in¢om¢. Taxation The ¢h8riry is ¢xempl from corporation lax on ils charitable activities. Cash flow The finan¢i81 stat¢ments do not include a cash flow gt#lemeiit b¢caiise Ilie ¢liaritable company, as a small reportiiig entity, is ¢x¢nipt from tli¢ r¢quir¢tn¢nt to prepare such a statement und¢r Finftncial Reporting Standard 102. Pensions The churity operates a defined contribution pension scheme and tli¢ pension cliarge represei)t$ the amounts payable by tile charity to ihe fund iii respect of the year. Debtors Debtors are recognised at tlie settlement amoiint due After any discounts offered. Cash at bank and In hand Cash at bank and iii hand in¢ludes fuiids deposited witli Santaiider and Bank of S¢oiland. Creditors Creditors are re¢ognised wliere the charity has a preseiil obligation resulting froni u past eveiil tl)at will probably result in a transfer of flliids lo a third party and Ilie ainouijt due to settle the obligation can b¢ measured or estimated reliably. Page 14
rELTHAM ARTS ASSOCIATION LIMITED A COMPANY LJMITtD BY GUARANTEE RCGisf£,RED NUMI BER.. 4134760 IWCOME AND EXPENDITURE ACCO FOR THE YF.AR ENDED 31ST MARCH 202S 2. TOTAL INCOME Rcitriciod LQ Trnlnl Actlyl Pro UNre$irl¢iod Fvnds Othor vllluntry IncomlnE ruovtrces GTnnls- ndon Borough of Houn51ow OV¢ Are Hoiioslow- 20241251 LL)ndon Boroiigh of Hounslow ThTLving Commiinilics Revenu¢ Fiind 2024-25 London BDfoubih of Hounslow Thrivin¥ Comrnunili¢s Copits]I fund 2024-25 Siindry dDn&tions HOP incom¢ N¢w Y¢ars Day PDr4de Siiirrn¢T of CulturB Nation1] Lottery Reaeliin&tr Commiiniilts Fund WLVP Volunteer Up5killing fiinding for Arg Jnr n¢a¢li Foundation Neibplibourliood grfyni WBllbeiDg N¢Nrt)rk Art5 Coiin¢il Qran( GArfIeld Wcston BBC Cllildren in Need Oili¢r ineom¢ 30.459 7.041 37,500 11,006 17,310 fio 37.500 17,310 (io 1fi5 7,200 12.000 5,000 4?.971 400 12.000 5.000 75,000 400 32.029 33,QQQ 756 1,405 28,932 15.000 15.000 674 15,000 840 15,QOO 840 TotAI dontstl•ns gnr] IoEn¢lo5 62,488 In¢on)lrtg rtsourcts from rhirltHblt Attlyltlcs ttL¢ome from 5ervic¢5 l.l60 19.295 Total r¢50uree$ from thrltible thetlvlllts 1.160 12,295 rotnl 5D¢Dmlllg resources 167.271 Th¢ rlifjrity is in receipt of locol goyemmcnt grBni8, as di8cIo8¢d Above. for fvndlttg proj¢cts in a¢¢ordnnrc Ivith lh¢ ¢hadty5 objeciiv¢s. Oilior thfjn providiiig progr¢s6 updaics. no unfulfilled Conditions are Allaclied 10 iljese gronis. Poge 15
FELTHA ARTS ASSOCIATION LIMITED A COMPANY LIMITED B Y CUARknTEE ftEGISTERED NUMBER: 4134760 INCOMF. AND EXPENDITURE ACCOUNT FOR THE YEAR , DED31STMARCH 2015 3. TOTAL EXPENDITURE Rtstrleltd Cultural Re$trleted Corc Unro51rlel¢d A¢¢lvi PrD Fuijds Totnl 202 A¢tlYltles dlrettly relaled to tlie iyork oftlie thnrlty Ses$iontsl $tllff Printing and publiciiy Venutslequiptlleni hire Workshop l¢oders Prnjeoi expeJ)ses Doniiiionx 4,592 2,149 9,964 72.150 6.467 365 1,886 5,071 67,365 10.532 1,8116 5,071 67,365 10,532 84.854 84.854 95.687 Suppvrt ¥Q5ts- 5eE nol? 4 Progromme Manogel$ 5nlary Programme Dev¢lopmeni Manugerf5 salary Finance and Op¢raiions Mtsnascr's soltry Pari-t5m¢ 51aff salaries Pension co%1% Soclol s¢curily cos1 PairDII c051S SillKirllininK Siulionery and iidThini<ulion Insurance Compuier runnins ¢xptM$¢s Bank ¢h4rg¢5 Trcn5por( Dnd trav¢1 PTofessionol fees Bookkccping Keiv GGrdcns Com[nnitY Access RcpaiT% tsnd ]ntsiniftincnee PPL li¢enee A¢¢OnItyn 8,659 8.659 31.460 20,147 2,224 2.224 398 592 1,238 752 872 794 120 30.51 30.703 31,460 lÉS,088 4,059 2,224 956 23.173 2,704 1,762 679 24U 1.268 398 592 I,8 752 436 794 436 759 670 203 761 4,D07 1,200 120 4.79S 1.200 4.795 1,200 36 36 493 493 3,980 545 2.680 3.980 60.337 19.708 80,045 102.544 Totol cost ofeh#rltJblt fy¢tSvlllc5 60.337 104,562 164.899 Page 16
FELTHAIM ARTS ASSOCIATION LIMITED A COMPANY LIMITED B Y ARANTEE RtGLSTERfi D N MBER.. 41 760 NOTfi S TO THE FINANCIAL STATEMENTS- eontlnued riOR THE YEAR ENDED 31 MARCH 2025 4. SUPPORT COSTS Town Spec141 Scltools Adults Cetttro Fo5tival Outi'euch Projects Cort RuerYe$ Totul Siaifcosts Offi¢E expenses and insurance tX8al, professional & k¢¢ounting 200 1,500 3.000 10,198 250 500 2,560 1,000 500 49,214 65,112 Usage 4,958 Usag¢ 9,975 Usagc 80,045 200 1.750 3.500 12.758 1.500 60.337 S. Ro$our¢e5 expEnd¢d includt 202$ 2024 Independent exaThinotion Ar¢ouniancy 5ervi¢¢s 2,190 1.470 3,980 2,680 The compaT&tiv¢ figure iTLGluded the gmouniE nel ofvAT wliercos t]ie CULTent years rig115 4r¢ inclusivc of VAT. 6. TAXATION Anolysls of the tax ¢liArge No lillbiliiy io UK cotporation tax orosc on ordiDary activities for ilie year cndBd 31 March 2025 or for the year end¢d 31 March 2024. 7. DEB TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 202S 21124 Trade debtors 8. CREDITOIiS: AMOUNTS FALLING DUE WITHIN ONE YEAR 20ts 2024 Trade crediloTS Sociol security and oiheT taxes Oihcr cr¢dilor5 Accrua15 and deferred income 4.597 1.354 3.193 5.728 11.679 2.200 5,537 9 LIMITED BY GUARANTEE Th¢ lirLbiliiy of the m¢mber% is IiTlliied. Evw m¢mb¢r of ilic coinpony undertakes lo conlribulr 10 111¢ 0s5eL8 of tlie company ID Ilie ¢v¢ttt of th¢ eompony b¢illg ivound up whi151 they llro a Tnemb¢r, or iviiliin onc y¢or 211er Iliey ce115e lo b¢ a tneiiiber, for payment of dcbis llnd liThbilitlC5 Df the COLnpllny contracted before thBy ¢eased ¢0 b¢ a Inember, and of the CDSt, cliar8¢s and expensc5 or nding up. And for the adjusin)cni of Ilje righis of the coniribuiors Jimong iheniselves. sucli afflounts as inay b¢ required not exeeedin8 £1. Page 17
FELTHAM ARTS ASSOCIATION LIMITED A COMPANY LIMITED BY GUARANTEE REGISTERED NUMBER: 4134760 NOTES TO THE FINANCtAL STATEMENTS - contlnued FOR THE YEAR ENDEID 31 MARCH 2025 I O UNRESTRICTED FUNDS At 114124 Incoming Re50urees Outgoing Resources At 3113125 General Funds 121,021 11,135 132,156 Transfer to Restricted Funds Total Unrestricted Funds l2l,021 11,135 132.156 Purpos¢s of unrestriet¢d funds Unrestricted funds are resources available for the objects of th¢ ¢liarity without kntlier specified purpose and are available as general fijnds. DeslgnAted reserves Reserves will be required to cover anticipated sliorlfalls in fundtng in the coining y¢ar and Iberefor¢ £6,000 (2024.. £6.000) of unrestricted reserves will be d¢siEnated to cover core costs for 2025-26. I I RESTRICTED FUNDS Incoming Outgoing Resourees Resovrc¢s At 3113125 At 114124 Cor¢ Activity L6,160 62.488 (60,337) 18,311 Cultural and Traiiiing Projects 22.423 112,788 (104,562) 30,649 Transf¢r from Unrestri¢ted Fullds Total Restricted Funds 38,583 175,276 164,899) 48.960 Purposes of restricted funds The Testricted fvnds represent grants awarded by t]ie lo¢al autliority and otlier bodies to promote cultural and training projects within Feltham, Hanwortli and Bedfont. 12 STAFF COSTS AND NUMBERS stsff ¢osts w¢re as follows,. 2025 2024 Salaries aiid wages Social security costs Pension costs 62,490 398 2,224 88.979 I,762 2,704 65.112 93.445 No employee received emolumeiits of more than £60.000. No Iruslees receive any r¢muneration. Di]ng Ihe year aiid prior y¢8r. a Truste# received £1,200 for bool(keeping service5 provided to tlie charity. Page 18
FELTHAM AIITS ASSOCIATION LIMITED A COMPANY LIMITED B Y GUARANTEE REGISTERED NUMBER.. 4134760 NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR Ef4DED 31 MARCH 2025 12 STAFF COSTS AND NUMBERS (CONT.) The average weekly number of employees during the year, calculated on the basis of full lime equivalents was as follows: 2025 Nos 2024 N05 Management Art WOTker The number of employees to wlioin retirem¢nt benefits are accniing under money purchllse scheTnes was 3 (2024- 3). 13 PENSION COSTS AND COMIlqlTMENTS The company operates a defined Contribution pension s¢l)eille. Tl)e assets of the scli¢me are lield separately from those of the company iii an ind¢pend¢ntly administered fvnd. Tlie pension cost charge represents contributions payable by th¢ company to the fund aiid amounted to £2,224 (2024.. £2,704). Ai the dale of the balance sheet. the company had an outstanding commitment of £Nil (2024: £145) due in relation to employers, pension cost5. 14 RELATED PARTY DISCLOSURES No payments were made to the diTeciors durin8 this y¢8r or18St. 15 ANALYSIS OF NET ASSETS BETWEEN FUNDS Restrlcted Unrestri¢ted Funds 2025 2024 Current assets Cr¢ditors due wtthiii oiie yeai. 60,639 (7.082 53,557 132. l56 192,795 (4,597) (11.679) 127.559 181,116 165.141 15,537) 159.604 Pag¢ 19