Charity number 1089336 URBAN EYE Report of the Twstees and Unaudited Financial Ststements For the year ended 31 March 2024
URBAN EYE Contents P4e For the year ended 31 March 2024 Rwrt of th• TDJstees Independent Exam¥s ReFrf)rt to th8 Tnts Stateffnt of Ffftanuol Staterrent of Finanetal Pc6rt Notes tothe Financial Statements 5t09 Detaikd Stat8mnt ol Financial 10
URBAN EYE ReFM)rt of the Trustees For the year ended 31 March 2024 The Tru$tee8 have pasure in presenliTha their rewt and the narla1 statements for th8 charity for the yeaf ended 31 March 2024. The Trustees have adopted the provisnS of Accounting and Reporbng by Charrties.. Statem8nt ol Recommended Pradice applicabk to charibes prepariThJ 1r acAxJuf¢ts tn aCrdaTh the Financtal Rep¢Yting Stsndard apPlble in the UK and thè Republic of IreL4r¥J IFRS 1021 leffecb¥e 1 January 20191. Please soe Trustoes Report on Appendix One. OBJECTIVES AND ACYIIThES The trust have crmsiderèj th8 Chaiity Cofflmis&on's guJan on p11¢ beneli 1ndL•ji the guhlanc 'public benefit.. running a chanty IP821' REFERENCE AND ADPAINSSTRATIVE 11rngIA4TK¥I N•me of Ch•ilty Charsty r•gl•tr4tlon mNnb•r PrIn¢l1 ¥ddrg URW EYE 1089336 Unit34 Whitthurch Road LoTrJon W114AT Th8truste8s and officers sarying during th yèar aThJ sincthe yèareThJ were asfrAItyws". tk2 0'Neill mi$ Watson Afolabi Spen ATrJrew Triggs Stone Henry Bacon Toby Gcx1fray Mo S8FUn Indgpondgrf exon Emman1 M•nsah FMAAT GrouTrJ FIoorWestOffi 10 NKholas House. River Front EN13TF Approved by Ih8 Board of Trustees and sign*J on Its behalf by Dez O'Naill Trustee 1of10
EYE Fw •TrJ•d 31 2024 2011 llh*2011 kn. Fh>y W¢ to eN1 3TF 2q110
URBAN EYE staterrTrt of Financial AcIrvrtS For the year ended 31 March 2024 Incom• and •ndo*Thnts fyom: Donattons and18ga chantab &lNibaS 8.524 14,0 47.195 47 195 Total 47315 50,515 Exp•ntllthr• on: Charitabk a¢tMt 135,7621 PS.7621 135.7V21 {35,7621 143.3851 143.3851 Totsl Net inc0molexpondirn R•concil4ition of fund8 Total funds brought fornvard Total lunds carried forward 14,7S3 120.8611 2,740 6,498 9.238 17J51 23.991 9238 3of10
URBAN EYE Statement of Financial Positi As at 31 March 2024 20 2023 Cvrr•nt a88ets Cash 8t bank and in hand 24,627 24,627 9,7C6 9.706 14681 Crndltorn". falling due 1n on• 10 Ngt eumnt a•88ts 23,991 23,991 Totsl assets leas ¢urrent ligbilitle8 23.991 The funds of the ch•rÈty Restricted inttJnE fvnds 11 17.951 6.498 2.740 UnStn8d incomè Totsl fionds 23.991 9,238 The financ3al stat•m•nts wro¥eLI and authorts8d for by ts Board an¢Y sign*J on rts b8habY.' DezlYNeill Trusi88 4of10
URBAN EYE Notes to the Finan(ial Slalements For the year ended 31 March 2024 1. Accountlng Pollclgs Bo&i8 ofaccounlng Th8 financial statamants have been prepared vnderthe historical ¢J)nvention. exCt for investrnentswhith are included at market value and the ValUation ofcertain as%ts arml in ac[(lal2 the Charibes SORP IFRS 1021'AccJJunts"ng arml Reporting by Charities." Statement of Recornmend&Y practi applicab tocharities PTepar¥n9 their acuunts in ac[x)rdan with the Financial Reporting Standard applicabJ6 in the UK an¢J Republic of Iland IFRS 1021 (effective 1 January 20191.. Finanoal Reporting Stsndard 102 FTrnanri81 Reporb"ng St8nd8rd applicab in th8 UK and Republic of IreL8TrJ IFRS 102}, and the Charrbe5 Act 2011. URBAN EYE meetsthe d8finitw)n ofa publicbènefft entsty under FRS 102. Assets and liabilths a inLtially recyjgnised at historical cost or tranSaOn value Un$$ otheThn"se stated in the rdwant accounb.ng polw nows). Golng ¢onc•rn 2. from donations ad l•gaci 2022 20 24 Grants receNed 10,785 10, 524 3. Income from ¢harilabkn xlivil 2023 R•¥tri¢tsd lunds TnSIOnIng Éh8 EnvMonThnt Royal 8oiough OfKenSn9l0n & Chals*a Catalyst Hougng 10.2C¢) 14.Otx) Lottary C¢)mmunity Fund 19.600 1{1)00 TranSfonnIr the EnvUrnet c¢yJlinu8d PeatKJdy Trust Wethay Tn&st JA Poo 9,750 2fl.110 39.710 14.000 5of10
URBAN EYE Notes to the Finanual Statements Continued For the year ended 31 March 2024 Costs of ¢horllatslo acthitl•• ty fund typg 2024 Restrictsd fvnds Transfomiing the Enwwnffnt Support costs 32,095 3.fh7 40.257 3,128 35.762 43,385 S. Co•ts of charilablè aetfvlts by xlivity ty 2024 2023 underfakon dity Support costs Transforning th¢ Enwronmènt 35.762 43,385 6. AnJtysi8 of #upp)rt ¢o•ts 2024 TTanstorniing the Envirrymnent Support costs IndepeThJent Examin¥ IIEI Fèès 3,031 2.660 3,128 7 Net in¢orneUexponditurnl fof the year This v& stated aftar L*arwW(cxe(Iibngl.' 2024 2023 lThJrfendent ExamIrf$ F8eg 8. Particulard of •nwlo The were no ernpby809 8of10
URBAN EYE Notes to the Finarscial staterrnts Continued For the year ended 31 March 2024 •. CornpaRti¥e forthe Slat•m•nt of Flnan¢lal AcU¥lll•• 2023 fundj Income and •ndovm)•nts fronL' Donations and lega¢ies charitab 24 8.524 14,C Total expeNlitur• ow. Charitabl8 143,3851 1413851 143,3851 143,3851 Totsl Not Inconl9xP?ndfyr0 R•coneiliation ol fvnds 120,861} Totsl funds brought forward Totsl fijnds urrwd fonwrd 2,716 2,740 27,383 10. Crndltorn.. amounts falling due within ono 2023 Aecruals- IE Fees 11. Mov•mont In funds UnTrstri¢t•d Funds Balanc•at 0111Wa)23 Incorning Balanceat 31103124 Ganaral Gra1 2.740 6.040 2.740 UnMtrf¢lgd Fnd•. PTr¥ious Balaeat 0110412022 Incoming Balane•at w•¥our¢M 3110W2023 G•nernl 2.716 24 2.740 2.71fj 2.740 7of10
URBAN EYE Notes to the Financial Slalements Continued For the year ended 31 March 2024 Purpos0 of unmtrktsd Fund Geral Fund88vailabkn fOrtrU& to us8 alth8irdis(Tr1ion but in accordance thgobietts of th• Chaity. Balanceat 01104ra123 Outgoing 8olance at 3110312024 strthd FuThJs 47.215 135,7821 17.951 6A9B 472lS 135.7621 17,951 Balanc• at Incon4 (kn9Dlng Balan•t 143,3851 6.498 22JOO 143,38S1 6A98 Purp of Ye$tri¢tsd IurKI Re5trKtsd Funds Fund5Wth limrte(I . 12. Anaty8i• of netasJets betn fimd• Restrthd FurbJs 23,991 23.991 23.991 8of10
URBAN EYE Notes to the Financial Statements Continued For the year ended 31 March 2024 Prn¥10 y•r lknbilrtMI Restricted fund Restrthd FwdB 9238 9,238 9.238 9.23B 9of10
URBAN EYE Detailed Statemenl of Financial Aclivibes For the year ended 31 March 2024 2024 2023 IN¢oMe ANO EtItXYhTAEP Donations and Iwl•• Donab"ons AFexAR House Ltsl 24 6.)0 2,10 3J20 824 Cbaritsble acli¥rt Royal Borough of K•nsington & Chel¥ea Catalyst HousiThJ 10,2CQ 14,OCKI Kènsington &Chelse8 FouTrJation Lotterycommunity Fund Peabody Trust ITransfomiin9 the Environmènl eontinuedl W85tway Trust 9.750 JA Poo 47.195 14.000 Totsl incoming rg8ourc 50,515 22,524 EXPENDrtURE Charitabk a¢tivili08 Costofdtrecltharitabteactswty 132.0951 140,257) 131095} 1402571 SUPPORT COSTS Other costs Support C08ts 13.0311 12,6601 13,0311 12,660) GoveTnan¢• eosts Independent Examinerfs Fees I) 14881 16361 14681 13S7621 {43J851 14.753 120,8811 10of10 Thi$ page dS notfomi part ofth¢ slalutory financ4al Stat*nts
URBAN EYE ANNUAL REPORT 2023-2024 w w w. u r b a n e y e . o r g . u k
CATALYST HOUSING MURAL HARROW YOUTH CLUB MURAL WESTWAY TRUST COLLABORATION CORE FUNDING GRANT
CATALYST HOUSING MURAL
In 2015, Catalyst Housing commissioned Urban Eye to develop designs for a mural for the new Wormington development since they registered that three Urban Eye-led community mosaics were slated to be destroyed during the regeneration of the Estate.
It was agreed that Urban Eye would lead the project and work with Bevington Primary School who were keen to be involved and we ran a project on Textures at the school which produced excellent results. At the same time, Urban Eye was working with Conran (the scheme architects) to develop a colour scheme for the glazed bricks at ground level.
The regeneration scheme has moved forward slowly but surely. Our artwork will feature on the connecting wall between two new blocks (see photo below) at the northern end of Portobello Road. Watch this space ...
HARROW YOUTH CLUB MURAL
Harrow Youth Club on Freston Road is the hub of a group of youth centres which runs a wide range of activities for young people in the area. Activities take place in after-school hours and during school holidays. Urban Eye contacted the club about organising a project, something we felt was overdue since they are our close neighbours.
After discussions with the director and staff, a project plan took shape and Urban Eye started applying for funding. A grant has now been secured and design workshops are in the diary. The project will run over the summer holidays 2024 and should feature in next year’s Annual Report. Below is a photograph of the wall where the mural will be located.
WESTWAY TRUST COLLABORATION
Urban Eye initiated, funded and installed lighting improvements to the underside of the A40 Westway Flyover between Ladbroke Grove and Portobello Road in 2011. These were well maintained by the local Council until around 2020 but have been somewhat neglected since then.
Westway Trust who manage the land and buildings under the flyover decided to take over responsibility for some of the lighting and hired Urban Eye as consultants to assist them in completing the necessary repair and replacement works along this stretch of the flyover.
Following the Westway lighting consultation, Westway Trust commissioned 3 subsequent projects from Urban Eye which were carried out over this 12-month period;
(1) Design concepts to enhance the entrance to Portobello Green and make it more visible.
(2) A costed design report featuring three options including banners, a faceted sign and a decorative arch to improve wayfinding on Thorpe Close and help signal the approach to Portobello market from Ladbroke Grove.
(3) A mural for the front panels of two planters on Thorpe Close. The Urban Eye artwork was part of ‘Every Breath We Take’, an art trail which included local artists, intended to raise awareness of issues relating to poor air quality in London.
Urban Eye used di-bond prints for this project, a material we hadn’t used before which involved researching the product and inviting quotes from several manufacturers. We installed the prints ourselves and found the material we used to be a good quality product. We will use this product again in future for small commissions and temporary projects.
Below is a photograph of the finished artwork.
CORE FUNDING GRANT
Urban Eye was successful in its application for a grant to support the charity’s core costs. The Voluntary Sector Small Grants Fund (which is a partnership between RBKC and Kensington and Chelsea Foundation) has approved a grant of £7,500 per year for a period of three years. This is most welcome and will afford the charity a valuable pillar of support.
URBAN EYE Registered Charity Number 1089336
Baseline Studios 020 7229 5921 Whitchurch Road office@urbaneye.org.uk London W11 4AT www.urbaneye.org.uk