DISABILITY ARTS IN SHROPSHIRE Charity registration number 1090677 Company registration number 04294985 (England and Wales) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
DISABILITY ARTS IN SHROPSHIRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees T E Raabe-webber C Ashley S Motley M Fowler J Shreeve A Jones Charity number 1090677 Company number 04294985 Registered office The Hive Music and Media Cenlre 5 Belmont Shrewsbury Shropshire SY1 1TE Independent examiner Dyke Yaxley Mited 1 Brassey Road Old Potts Way Shrewsbury Shropshire SY3 7FA
DISABILITY ARTS IN SHROPSHIRE CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Balance sheet Notes to the financial siatements 8-16
DISABILITY ARTS IN SHROPSHIRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Irustees present their annual report and financial statements for the year ended 31 March 2024. The accounts have been prepared in accordan with the accounting Folicies set out in note 1 lo Ihe accounts and comply with the charity's governing documenl. the Companies Acl 2006 and °Accounting and Reporting by Ch2rities.' Stalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (issued in October 2019). Objeclives and activities DASH cultivates spaces for extraordinary artists. Our vision is a society in which Disability Art is recognised as core and equally valued in the arls sector. In the development of Disability Arts practice. DASH'S mission is to work wilh artists, audiences, communities, and organisations to challenge inequality and implement change. Our values are based upon equality of opportunity and the Social Model of Disability. DASH'S aims are to: Engage with Disabled, dlDeaf and Neurodivergent artists and people interested in the art5 Be an innovalor for talent deveiopmenl for Disabled, dlDeaf and Neurodivergenl artists Work in partnership with organisations to support Disabled. dlDeaf and Neurodivergent people as arts audiences Increase community and organisaiional knowledge and avmreness of Disability Arls practices Engage and actively suppori young Disabled, dlDeaf and Neurodivergenl people to become artists Work in partnership wilh arts organisalions and artisis. regionally and nationally, lo incorporaie Disability Arts in their programmes and cullure Develop and deliver a broad range of equality and accessibility training programmes Strengthen our resilience as an organisation Strategios for achieving aims and objectives DASH delivers on these aims by: Provoking debate and developing best pracli¢ Creating new work and ways of working Facilitating the exchange of skills and knowledge Cultivating opportunilies for participation Supporting the visual arts sector lo develop diverse audiences The year 2023-24 saw the organisation embark on a period of devek)pment, crealive growth and organisation31 change. Driven by Heather Peak as our incoming Arlistic Direclor and Chief Executive Officer, the year was underpinned by renewed commitment from Arts Council England as one of their National Portfolio Organisations with increased investment for 2023-2026. Public benefit The trustees have paid due regard to guidan issued by the Chartty Commission in deciding what aclivities the charity should undertake. The trustee's consider the objectives and activilies of the charity are of a public benefit. Achievements and perforrnance Signific8nt activities and achiovements against objeclives How to Thrive (Survive) We launched our 'How lo Thrive (Survive}. mentoring and training programme for arts organisalions, artists, arts workers, and aUdIenS wilh 50 arts workers representing organisalions nationally taking part in a three-monlh course on Reframing Autism. Building on our Irack record for mentoring, feedback has been positive, and a version of the course tailored to Disabled artists is in development for 2024-25.
DISABILITY ARTS IN SHROPSHIRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Future Curalors Programme Our residency programme for Disabled curators wilhin visual art5 inslilutions, 'Fulure Curalors,, expanded in 20231 24 to include addilional partners- Arls Catalysl, Disability Arts Online, John Hansard Gallery and Newlyn Art Gallery joined longstanding partners Middlesbrough Institute of Modern Art, Midlands Arts Cenlre and Wysing Arts Centre. Activity for this national programme got underway with the recruiiment of curdlors scheduled to begin in Autumn 2024. It's Nol You, It's The System We built and developed our systems change vrk, 'Il's Not You. It's The System,, focussed on removing barriers to access in the arts, and dismantling disabling structures in society. The programme consists of intersectional talks, salons, events and organisational development activity. Rolling out in 2024-25, partnerships and projects are now in development with partners ranging in scale and purpose including Deifina Foundation. British Art Nelwork, The Holden Gallery Manchester and Iniva. London. DASH Touring Library We conceptualised, created and launched ihe DASH Touring Library our ambitious, creative louring work exploring the intellectual life and critical thinking of Disabled people. Carrie Slawinska, our designated librarian, continues lo build the library, as a growing resource to broaden understanding of the lived experiences of others. To date, the library includes non-fiction titles, studies, biographies and fiction written by or about Disablad people, as well as podcasts, lectures, interviews, social media resources, how-to guides and more. New Art West Midlands Following the award lo DASH trj lead the Conlemporary Visual Arts Network (CVAN) for the West Midlands as part of Ihe National Portfolio from Arts Council England, we have played an aclive role in the national CVAN. Our work has ensured New Art West Midlands as Ihè regional counlerpari to CVAN is visible and ntrIbuting proactively ahead of the appointment of a programme direclor in 2024-25, now integral lo the extended DASH team. A highlight has been our work with the new Midland Melropoliian University Hospital, scheduled to open in 2025, establishing New Art West Midlands as the curatorial lead for the hospital's 600m2 gallery. Fundraising performance As one of Arts Council England's Nalional Portfolio OrganIsatnS, 202&24 was the first of a ihree-year funding agreement and included an uplrft of £94,000 per annum to focus on capacity growth (£59k) and the hosting of New Arts Wesl Midlands (£35k)" much work has been done in both respects. with recruilment of an expanded team in 2024-25. Our £150,000 bid to Esmée Fairt)airn Foundation fof the Future Curators Prograrnme project was successful, with a further Major Projecis bid (£180k) to Arts Council England in development for this work. Further bids were developed this year lo support aclivity in 2024-25 and 2025-26, and our Access Support work is under review with a goal to expand this key area of our income generating activity as part of a suslainable business model moving forward. Work is fully underway to further sharpen the expression of our 'case for support, and to ensure DASH is supported susiainably as visionary change makers for Disabled artists, workers and audiences. Equality and Diversity Equality, diversity, and inclusion are at the core of DASH'S work. embedded through the organisaiion and our programmes. Disabled people remain significanlly underrepresented as audiences, participants, creatives, and decision-makers across the arts and creative induslries,. through the partnerships we build and the projects we create, our activity is focused upon effecling change for a fairer and more equilable seclor. In 2023-24, our work has focussed upon our own recruitment approaches to ensure we aclively encourage applications from people who identify as Disabled, dlDeaf and Neurodivergenl, and those from other protected characleristic backgrounds. Similady, in respecl of our Iruslees, lived experience is of equal importance lo professional achievement. We believe that a diverse board and team will lead to a stronger, more creative, and more impactful organisation.
DISABILITY ARTS IN SHROPSHIRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Financial review The charity achieved a nel income of £122.304 (2023: £48,443 ouffiow), increasing the fund balances lo £239.651 {2023.' £117,347). Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalenl to between Ihree and six monlhs. expendilure. The trustees consider that reserves al this level will ensure thal, in the event of a significant drop in funding. Ihey will be able lo conlinue the charity's current activities while consideration is given lo vRys in which additional funds may be raised. Major risks The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Plans for future periods Our programme of organisational change is all encompassing, and we are making significant steps towards a vibrant, healthy, supportive, and creative DASH. The progress made in 2023-24 will enable the organisation to become more delivery focussed with the addition of brilliani people joining us over the course of the next year. The priorities of the Artistic Director and Chief Execulive Officer in relation lo ongoing culture shift during the next 12 months will be.. Our people onboarding and setuing of new staff and freelancers. providing SUPPOrt for and integration of the team into NEW DASH ways of working Our budgeis and finan - working with our accountant and tN)okkeeper on the day-to-day business, and developing simplified, dearer, more accessible financial management tools Our funding - working viilh (x)nsuliancy support on our reporting and fundraising pipeline - identifying our core funding gaps 2nd aligning our future plans with our ongoing cJ)mmitment to Arts Council England as our core funder In respect of our governance, next year our Board will enler a planned period of review at this key moment of leadership transilion, lo ensure that our Irustees and governan capabilities match the aspiration and ambition of the new executive and team at DASH. The review and renewal process will be completed by the end of the next financial year {March 2025) and will incorporate an application to Esmée Fairbairn Foundation for funds specifically focussed on developing and supporting DASH govemance. In line with our succession planning stralegy and with some current trustees approaching the end of Iheir lemis, we will invite and adverlise publicly to recruit new trustees, noting our Memorandum & Articles currently allow for 12 in total. Structure, governance and management The charity is a private company limited by guaranlee, incorporaled on the 27 September 2001 in England and Wales. It is a registered charity wilh the Charity Commission for England and Wales on the 19 February 2002. It is governed by its Memorandum of Association. The truslees, who are also the directors for the purpose of company law, and who served during Ihe year and up to the date of signature of Ihe financial statemenis were= T E Raabe-webber A Planl CAshley D Prytherch S Motley M Fowler J Shreeve R Kaur AJones (Resigned 12 December 2024) (Resigned 3 Dember 2024) (Resigned 12 Dember 2024)
DISABILITY ARTS IN SHROPSHIRE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recmitment and appointment of tnjstees Team recruitment has been cenlral lo our ongoing organisational development work in 2023-24, with capacity growth resourced through the Arts Council England National Portfolio investment. Our planning supports the recruitment next year of a project director for New Art West Midlands, alongside curatorial and producer capacity for DASH. We nole, as a Disabled-led organisation, that care is essenlial in Ihe way we recruit, welcome, and orientate prospective and new team members. exlending our support during and beyond their initial weeks and months of onboarding al DASH. The developmenl of accessible models for recruilment and induction is an achievefnent this year, and fomis part of our approach lo ongoing professional development of our talented team. Organisational stnjcture Heather Peak started in post in May 2023, taking on the newly created role of Artistic Director and Chief Executive Officer, and ushering in a new chapter at DASH. As an artist wilh an intemational profile. Heather is best known for her work as one haff of artist duo Heather Peak and Ivan Morison. Her appointment has been received wilh excilemenl and delight by the arts and cultural sector, nIring an active and leading crealive voice al the heart of the organisalion. Heather brings a creative practice that nSIstenI1Y inspires and engages people and communities, alongside an incredible wealth of knowledge and experience of partnership working wilhin and beyond Ihe arts and cultural seclor. Demonstraled through our programmes and achievemenls this year. her curious and adventurous approach is taking DASH into new territory and brings a step change to the organisation at the national and internalional level. Other matters None of the Iruslees has any beneficial interest in the company. All of the truslees are members of the company and guarantee lo contribute £1 in the event of a winding up. There are no persons with signtficant conlrol. Disabled Persons DASH is a Disabled-led charity and over half of the board identify as Disabled people. Over half of the staff team also identify as Disabled people.11 is important to ourwork to centre lived experien of Disabled people. The Irustees. report was approved by the Board of Trustees. C Ashley Trusiee Date..
DISABILITY ARTS IN SHROPSHIRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DISABILrrY ARTS IN SHROPSHIRE I report to the trustees on my examination of the financial statements of Disability Arts in Shropshire {the charity) for the year ended 31 March 2024 which are set out on pages 8 10 19. Responsibilities and basis of report As Ihe trustees of the charity {and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance wilh the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself thal the financial statements of the charity are nol required to be audiled under Part 16 of the 2006 Act and are eligible for independenl examination, I report in respect of my examination of the charity's financial 5tatemenls carried out under section 145 of the Charities Act 2011 {Ihe 2011 Acl). In carrying oul my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5){b) of the 2011 Act. Independent examinerfs stalement Since the charit$ gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Acl. I confirm Ihal l am qualified lo undertake the examination because l am a member of the Association of Charlered Certified Accouniants (ACCA) - UK, which is one of the listed bodies. I have completed my examination. I confirm that no matiers 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 charity as required by section 386 of the 2006 Act. or the financial statements do not accord with those records,. or the financial statements do nol comply viith the accounting requirements of section 396 of the 2006 Acl other than any requirement thal the accounts give 8 true and fair view which is not a matter considered as part of an independent examination., or the financial slalements have nol been prepared in accordance with the methods and principles of the Statemenl of Recommended Practice for accounting and reporting by charities applicable lo charities 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 cx)nneclion with the examination to which altention shoukl be drawn in this reFKJrt in order to enable a proper understanding of the financial stalements to be reached. Audrey Williams FCCA Dyke Yaxley Limited 1 Brassey Road Old Potts Way Shrewsbury Shropshire SY3 7FA Dated.. 18 December 2024
DISABILITY ARTS IN SHROPSHIRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Notes Income from: Donations and legacies Charitable activities Inveslments 231,868 4.165 2.077 79,100 310,968 4,165 2.077 177,964 25,546 595 2,048 180,012 25,546 595 Total income 238,110 79,100 317.210 204,105 2,048 206,153 Expenditure on: Charitable activities 187,764 7,142 194,906 249,856 249,856 Total expenditure 187,764 7,142 194,906 249,856 249,856 Net gainsl(losses) on investments 11 {4,740) (4,740) Net in¢omel{expenditure) and movement in funds 50,346 71.958 122,304 {50.491) 2,048 {48,443) Reconclllation of funds: Fund balances at 1 April 2023 115,299 2,048 117,347 165,790 165,790 Fund balances at 31 March 2024 165,645 74,006 239,651 115,299 2,048 117,347 The statement of financial activities includes all gains and losses recognised in Ihe year. All income and expenditure derive from continuing activities.
DISABILITY ARTS IN SHROPSHIRE BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assets 13 2,820 2,339 Currenl assels Cash at bank and in hand 257,196 119,001 Creditors: amounts falling due within one year 14 (20,365) (3.993) Net currenl assets 236,831 115,008 Total assets less current liabilities 239,651 117,347 Net assets excluding pension liability 239.651 117,347 The funds of the charity Restricted income funds Unreslricled funds 17 74,006 165,645 2,048 115,299 239,651 117,347 The company is entitled to the exemption from the audit requirement ntained in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge Iheir responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial stalements. The members have not required the company to obtain an audit of ils financial sialemenis for the year in question in accordance with section 476. The financial statements were approved by the trustees on . / C Ashley Trustee Company registration number 04294985 (England and Wales)
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity infonnation Disability Arts in Shropshire is a private company limited by guarantee incorporated in England and Wales. The registered Offi is The Hive Music and Media Cenlre, 5 Belmont, Shrewsbury. Shropshire, SY1 1TE. Charity Registration No. 1090677. 1.1 Accounting convention The financial slatements have been prepared in acwrdance with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charilies: 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 charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepa a Statement of Cash Fbws. The financial statemenis are prepared in slerfing, which is the functional currency of the charity. Monetary amounts in Ihese 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. 1.2 Going concern At the time of approving the financial siatements, the trustees have a reasonable expectation that Ihe charity has adequate resources to continue in operational existence for Ihe foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing Ihe financial statements. 1.3 Charitable funds Unreslricled funds are available for use at the discretion of the trustees in furiherance of Iheir charitable objectives. 1.4 Income Income is recognised when the charity is legally enlilled to it after any perk)rmance conditions have been met, the amounts can be measured reliably, and it is probable that InMe will be reived. Income from government and other grants, whelher'capital, granls or'revenue, grants, is recognised when the charity has entillemenl lo the funds. any performance conditions altached lo the grants have been met, il is probable that the income will be received and the amount can be measured reliably and is nol deferred. 1.5 ExpendTture Liabilities are recognised as resources expended as soon as there is a legal or conslructive obligation committing the charity lo the expenditure. Al expendilure is accounted for on an accruals basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured al cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assels less their residual values over Iheir useful lives on the following bases: Fixtures and fittings Equipment 25Yo reducing balance 25Yo reducing balance
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies {Continued) The gain or loss arising on the disposal of an asset is determined as the difference between Ihe sale proedS and the carrying value of the asset, and is re)gnised in the statement of financial activities. 1.7 Impairment of fixed assets At each reporting end dale, the charity revievts the carying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairmenl loss. If any such indication exists, the recoverable amount of Ihe assel is estimated in order to delemiine the extent of the impairment 105s (if any). 1.8 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 within borrowings in Current liabililies. 1.9 Taxation The charity is exempt from corporation lax on its charilable activities. 1.10 Ernployee benefits The 8t of any unused holiday entillemenl is recognised in the period in which the employee's ServIS are received. 1.11 Retirement benefits Payments to defined contribution tIrement benefit schemes are charged as an expense as they fall due. Income from donations and legacies Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Grants 50,660 181,208 44,100 35,000 94.760 216,208 10,256 167,708 2,048 12,304 167,708 231.868 79,100 310,968 177,964 2,048 180,012 Grants receivable for core activities Arts Council England 181,208 Ampersand Foundation Garfield Weston 35,000 216.208 132,708 5,000 30,000 132,708 5,000 30,000 181,208 35.000 216,208 167,708 167,708 DASH is supported byArls Council England as a National Portfolio Organisation ACE West Midlands.
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities income 2024 2023 Sale of ServiS 4,165 25,546 Income from investments Unrestricted Unreslricted funds funds 2024 2023 Bank Interest 2,077 595 10-
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activilies expenditure 2024 2023 Staff costs Depreciation and impairment Artists and performance fees Access costs Travel. accommodation and subsistence Materials and photography Advertising & digital media Consultanl costs Freelance workers Mentoring costs Bad and doubfful debt 74,741 831 3,394 6,159 7,754 400 29 1,100 17,335 11,339 61,196 779 39,800 31.498 10,881 3,301 675 14,750 10,100 3,000 708 123,082 176,688 Share of support costs (see note 6) Share of g0Veman costs {see note 6) 70,508 1,316 72,518 650 194,906 249,856 Analysis by fund U nrestricled funds Restricted funds 187,764 7,142 249,856 194,906 249,856 11
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs Support Govemance costs costs 2024 Support Governance sls cosis 2023 Staff costs Office costs Organisational evelopment Accountancy and bookkeeping 36,284 22,199 36.284 22.199 28,978 24,163 28,978 24,163 5,743 5.743 9.988 9,988 6,282 6,282 9,389 9.389 Independent examination 1,316 1,316 650 650 70.508 1,316 71,824 72,518 650 73,168 Analysed between Charitable activities 70.508 1,316 71,824 72.518 650 73,168 Net movement in funds 2024 2023 Nel movement in funds is slated after ch8rgingl(crediting} Fees payable for Ihe independenl examination of the companYs financial statements Depreciation of owned tangible fixed assets 1,316 831 650 779 Trustees None of the trustees (or any persons connected with them) received any remuneralion during the year. Travel, subsistence and event costs amounting to £762 (2023: £nil) were reimbursed to four Trustees. An accommodation expense of £179 {2023: £nil) was mel by the charity on behalf of one Trustee. At the year end £365 (2023: £nil) was due to trustees. Employees The average monthly number of employees during the yearwas: 2024 Number 2023 Number Employees Trusteesldireclors Toial 13 13 12-
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employees {Continued) Ernployment costs 2024 2023 Wages and salaries Social security costs other pension costs 101,294 4,211 5,520 85,101 1,139 3,934 111,025 90,174 There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel was as follows: 2024 2023 Aggregate compensation 74,819 41,835 10 Redundancy l Termination payment Payments to employees are charged as an expense as they fall due. No redundancy or termination paymenl was made during ihe year {2023: £7,500). 11 Net gainsl(losses) on investments Unrestricted funds Total Unrestricted funds Total 2024 2024 2023 2023 Revaluation of investments {4,740) (4,740) 12 Taxation The charity is exempt from taxation on ils aclivilies because all its income is applied for charitable purposes. 13-
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Tangible fixed assets Fixtures and fittings Equipment Total Cost At 1 April 2023 Additions 29.233 15,402 1,312 44,635 1,312 At 31 March 2024 29.233 16,714 45,947 Depreciation and impainnent At 1 April 2023 Depreciation charged in the year 28,780 113 13,516 718 42,296 831 Al 31 March 2024 28,893 14,234 43,127 Carrying amount At 31 March 2024 340 2,480 2,820 At 31 March 2023 453 1,886 2,339 14 Creditors: amounts falling due within one year 2024 2023 Notes Other laxalion and social security Deferred income Trade creditors Accruals and defeffed income 3,205 10,000 4,855 2,305 861 15 1,033 2,099 20,365 3,993 15 Deferred income 2024 2023 Other deferred income 10,000 Deferred inLX)me is inclLJded in the financial statemenis for grant monies received in advance of the Future Curators Prc¥Jramme. 2024 2023 Deferred income is included wilhin= Current liabilities 10,000 Movemenls in the year: 14-
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Deferred income (Continued) Deferred income at 1 April 2023 ResoLJrces deferred in the year 10,000 Deferred income at 31 March 2024 10,000 16 Retirernent benefit schemes 2024 2023 Defined contribution schemes Charge lo profit or loss in respecl of defined ¢X)nlribution schemes 5,520 3,934 The charity operates a defined contribution pension scheme for all qualify'ng employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 17 Reslricted funds The restricted funds of the charity comprise the Unexnded balanS of donalions and grants held on trust subject to specific conditions by donors as to how they may be used. Movement in funds Incoming resources Movement in funds Balance at 1 April 2023 Incoming Resources expendod Balance at 31 March 2024 Beasl Art Fund- Relmagine Grant New Art Wesl Midlands 2,048 2.048 2,048 42,400 29,558 44.100 35.000 (1,700) (5,442) 2,048 2.048 79,100 (7,142) 74,006 Art Fund To provide support for DASH to host an infomiation sharing and networking event for museums and galleries across the UK who are interested in working with them lo support Ihe development of Deaf and Disabled Artists and Curators. Due to the Coronawrus pandemic the projecl became 'Curaling Institutional Change,. A series of three-panel discussions wilh incredible speakers responding lo provocations and wilh an open Q&A in June and July 2021. BEAST- Business Education and Skills Training Funds were raised through Ihe Aviva backed Crowdfunder programme to create a source of malch funding for this programme. Addilional funding is being sought through other funders lo reali5e this programme of work in 2024. 15-
DISABILITY ARTS IN SHROPSHIRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Analysis of net assets between funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsl{liabilities) 2.820 162,825 2,820 236,831 74,006 165,645 74,006 239,651 Unrestricled funds 2023 Restricted funds 2023 Total 2023 At 31 March 2023: Tangible assets Current assetsl(liabililies) 2,339 112,960 2,339 115,008 2,048 115,299 2,048 117,347 19 Related party transactions There were no disclosable related party transactions during the year (2023 - none). 16-