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2024-03-31-accounts

Report for Action for Arts Trust

For the Year Ending March 31, 2024

1. Introduction

Action for Arts Trust continues to empower individuals and communities through the arts. Over the past year, the Trust has expanded its impact through innovative projects and programmes, while transitioning towards a new strategic direction. This report reflects on our achievements, challenges, and future plans, highlighting our evolving focus on consultancy, creative career development, and returning to the production space.

2. Summary of Activities

In 2023-2024, Action for Arts Trust delivered an impactful programme of charitable activities, including:

Simultaneously, we began laying the groundwork for a new strategic direction, emphasizing consultancy services and supporting the next generation of creative professionals.

3. Key Achievements

Artistic Development

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Community and Youth Engagement

Progress Towards Strategic Goals

4. Case Studies

Transforming Young Lives Through Mentorship

One of our participants, a postgraduate with ADHD, thrived under a tailored mentorship and apprenticeship program. With guidance from professional mentors, they transitioned from academic uncertainty to securing their first professional street dance role, demonstrating the value of personalized support in creative career development.

Building a Pathway for Emerging Talent

Through our collaboration with an Autistic creative graduate from Anglesey, Action for Arts helped an emerging talent gain valuable experience working on a multidisciplinary project. This opportunity enabled them to grow their profile and confidence, resulting in achieving employment with a national music charity.

5. Challenges and Lessons Learned

6. Strategic Direction

Consultancy on Creative Career Development

Action for Arts Trust is moving toward a new strategic role as a consultancy, focusing on

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supporting creative career pathways, especially for the 18-24 demographic. Our consultancy will provide:

Returning to the Production Space

The Trust is re-entering the production space to provide new performance opportunities for exceptionally talented UK artists. Upcoming projects include:

7. Plans for the Future

  1. Expand Consultancy Services: Establish Action for Arts as a trusted advisor for creative career development, offering tailored support for emerging talent.

  2. Develop Production Capabilities: Secure funding and partnerships for high-quality creative performances that elevate UK artists on the national and international stage.

  3. Engage the 18-24 Demographic: Launch targeted programs to improve skills, confidence, and employability among young creatives.

  4. Strengthen Digital Presence: Implement a comprehensive digital marketing strategy to promote activities, attract talent, and engage diverse audiences.

8. Acknowledgments

Action for Arts Trust extends heartfelt thanks to our funders, partners, collaborators, and volunteers. Your contributions make our work possible and enable us to create meaningful change in the arts and beyond.

9. Conclusion

The year ending March 2024 has been a transformative period for Action for Arts Trust. By successfully delivering impactful projects and redefining our strategic direction, we have laid the foundation for an exciting future. Through consultancy, creative career development, and groundbreaking productions, we remain committed to inspiring and empowering the next generation of artists and audiences.

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Impact data 2023-2024

Impact data 2023-2024
Activity Types Number of Activities Number of Participants/
Attendances
Training and Mentoring
Sessions		 42 370
Events 45 3200
Workshops 24 518
New Employment
Opportunities Created		 2 2
Artists Supported 8 8
Internships 1 1
Apprenticeships 1 1
Freelance Opportunities 9 9

Action for Arts Trust Ltd Trustees

The trustees serving during the year and since the year end were as follows:

Mr Martin Williams Mr Sonam Nayer Mr Paul Bradshaw Mr Anthony Minvielle Mr Simon Edwards

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Registered number.. 4390384 ACTION FOR ARTS TRUST LTD DIRECTORS. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Marstane Accountancy Services Ltd

Action for Arts Trust Ltd Contents Page Company Information Directors, Report Accountsnt's Report Income and Expenditure Account Balance Sheet Notes to the Financial Statements The following pages do not form part of the statutory accounts: Detailed Income and Expenditure Account

Action for Arts Trust Ltd Company Information For The Year Ended 31 March 2024 Directors Mr Tony Minivielle Mr Sam Nayer Mr Paul Bradshaw Mr Simon Edwards Mr Martin Williams Company Number 4390384 Registered Office 70 Pen y Bryn Road Colwyn Bay Conwy LL29 6AL Accountants Marstsne Accountsncy Service5 Ltd Page I

Action for Arts Trust Ltd Company No. 4390384 Directors. Report For The Year Ended 31 March 2024 The directors present their report and the financial statements for the year ended 31 March 2024. Directors The directors who held office during the year were as follows: Mr Tony Minivielle Mr Sam Nayer Mr Paul Bradshaw Mr Simon Edwards Mr Martin Williams statement of Directors. Responsibilities The directors are responsible for preparing the Directors. Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to- select suitable accounting policies and then apply them consistentlyi make judgments and accounting estimates that are reasonable and prudent. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to Show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small Company Rules This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regirne within Part 15 of the Companies Act 2006. On behalf of the board Mr Martin Williams Director 12112/2024 Page 2

Action for Arts Trust Ltd Accountant's Report For The Year Ended 31 March 2024 In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us. This report is made to the dirertors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial staternents that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report. You have acknowledged on the balance sheet as at year ended 31 March 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year. We have not been instrurted to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or infomiation and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. Signed 1211212024 Marstane Accountancy Services Ltd Page 3

Action for Arts Trust Ltd Income and Expenditure Account For The Year Ended 31 March 2024 2024 2023 Notes TURNOVER 65.987 {21,121) Cost of sales GROSS SURPLUS 44,866 Administrative expenses Other operating income (25.596) (43,9791 39,469 OPERATING SURPLUS/(DEFICIT) Interest payable and similar charges 19,270 (60) (4,510) (601 SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR 19.210 14,5701 The note5 on page 6 form part of these financial statements. Page 4

Action for Arts Trust Ltd Balance Sheet As At 31 March 2024 2024 2023 Notes CURRENT ASSETS Debtors (4.787) 35,978 (5,519) 19,100 Cash at bank and in hand 31,191 13,581 NET CURRENT ASSETS (LIABILITIES) 31,191 13,581 TOTAL ASSETS LESS CURRENT LIABILITIES 31.191 13,581 Creditors: Amounts Falling Due After More Than One Year 11,6001 NET ASSETS 31.191 11,981 Income and Expenditure Account 31.191 11,981 MEMBERS. FUNDS 31,191 11,981 For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. On behalf of the board Mr Martin Williams Director 1211212024 The note5 on page 6 form part of these financial statements. Page 5

Action for Arts Trust Ltd Notes to the Financial Statements For The Year Ended 31 March 2024 l. General Information Action for Arts Trust Ltd is a company limited by guarantee. incorporated in England & Wales. registered number 4390384. The registered office is 70 Pen y Bryn Road, Colwyn Bayi Conwyi LL29 6AL. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section IA Small Entities The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discoLJnts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns. rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. 3. Average Number of Employees Average number of employees, including directors. during the year was.. 3 (2023: 2) Please note that Grants were received from Arts Council of Wales - £32,000 Denbighshire County Council -£7.200 5. Debtors 2024 2023 Due within one year Prepayments and accrued income (4,787) 15,5191 6. Creditors: Amounts Falling Due After More Than One Year 2024 2023 other creditors 1,600 7. Share Capital Page 6

Action for Arts Trust Ltd Detailed Income and Expenditure Account For The Year Ended 31 March 2024 2024 2023 TURNOVER Sales 65.987 COST OF SALES Purchases 21.121 (21,121) GROSS SURPLUS 44,866 Administrative Expenses Wages and salaries Protective clothing Travel expenses Rent Hire and leasing of plant, equipment and vehicles Hire and leasing of plant and machinery Insurance 17,916 763 203 5,495 4,517 3,087 3,867 2.107 668 634 427 Printing, postage and stationery Telecommunications 797 379 Accountancy fees Legal fees Consultancy fees Subscriptions Sundry expenses 1.590 26 924 1,210 23,842 216 297 610 (25.596) (43,979) Other Operating Income other coronavirus grant income 39,469 39,469 OPERATING SURPLUS/(DEFICIT) 19,270 14,5101 Interest payable and similar charges Bank charges 60 60 (60) (601 SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR 19,210 14,5701 Page 7

Registered number.. 4390384 ACTION FOR ARTS TRUST LTD DIRECTORS. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Marstane Accountancy Services Ltd

Action for Arts Trust Ltd Contents Page Company Information Directors, Report Accountsnt's Report Income and Expenditure Account Balance Sheet Notes to the Financial Statements The following pages do not form part of the statutory accounts: Detailed Income and Expenditure Account

Action for Arts Trust Ltd Company Information For The Year Ended 31 March 2024 Directors Mr Tony Minivielle Mr Sam Nayer Mr Paul Bradshaw Mr Simon Edwards Mr Martin Williams Company Number 4390384 Registered Office 70 Pen y Bryn Road Colwyn Bay Conwy LL29 6AL Accountants Marstsne Accountsncy Service5 Ltd Page I

Action for Arts Trust Ltd Company No. 4390384 Directors. Report For The Year Ended 31 March 2024 The directors present their report and the financial statements for the year ended 31 March 2024. Directors The directors who held office during the year were as follows: Mr Tony Minivielle Mr Sam Nayer Mr Paul Bradshaw Mr Simon Edwards Mr Martin Williams statement of Directors. Responsibilities The directors are responsible for preparing the Directors. Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to- select suitable accounting policies and then apply them consistentlyi make judgments and accounting estimates that are reasonable and prudent. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to Show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small Company Rules This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regirne within Part 15 of the Companies Act 2006. On behalf of the board Mr Martin Williams Director 12112/2024 Page 2

Action for Arts Trust Ltd Accountant's Report For The Year Ended 31 March 2024 In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us. This report is made to the dirertors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial staternents that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report. You have acknowledged on the balance sheet as at year ended 31 March 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year. We have not been instrurted to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or infomiation and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. Signed 1211212024 Marstane Accountancy Services Ltd Page 3

Action for Arts Trust Ltd Income and Expenditure Account For The Year Ended 31 March 2024 2024 2023 Notes TURNOVER 65.987 {21,121) Cost of sales GROSS SURPLUS 44,866 Administrative expenses Other operating income (25.596) (43,9791 39,469 OPERATING SURPLUS/(DEFICIT) Interest payable and similar charges 19,270 (60) (4,510) (601 SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR 19.210 14,5701 The note5 on page 6 form part of these financial statements. Page 4

Action for Arts Trust Ltd Balance Sheet As At 31 March 2024 2024 2023 Notes CURRENT ASSETS Debtors (4.787) 35,978 (5,519) 19,100 Cash at bank and in hand 31,191 13,581 NET CURRENT ASSETS (LIABILITIES) 31,191 13,581 TOTAL ASSETS LESS CURRENT LIABILITIES 31.191 13,581 Creditors: Amounts Falling Due After More Than One Year 11,6001 NET ASSETS 31.191 11,981 Income and Expenditure Account 31.191 11,981 MEMBERS. FUNDS 31,191 11,981 For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. On behalf of the board Mr Martin Williams Director 1211212024 The note5 on page 6 form part of these financial statements. Page 5

Action for Arts Trust Ltd Notes to the Financial Statements For The Year Ended 31 March 2024 l. General Information Action for Arts Trust Ltd is a company limited by guarantee. incorporated in England & Wales. registered number 4390384. The registered office is 70 Pen y Bryn Road, Colwyn Bayi Conwyi LL29 6AL. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section IA Small Entities The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discoLJnts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns. rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. 3. Average Number of Employees Average number of employees, including directors. during the year was.. 3 (2023: 2) Please note that Grants were received from Arts Council of Wales - £32,000 Denbighshire County Council -£7.200 5. Debtors 2024 2023 Due within one year Prepayments and accrued income (4,787) 15,5191 6. Creditors: Amounts Falling Due After More Than One Year 2024 2023 other creditors 1,600 7. Share Capital Page 6

Action for Arts Trust Ltd Detailed Income and Expenditure Account For The Year Ended 31 March 2024 2024 2023 TURNOVER Sales 65.987 COST OF SALES Purchases 21.121 (21,121) GROSS SURPLUS 44,866 Administrative Expenses Wages and salaries Protective clothing Travel expenses Rent Hire and leasing of plant, equipment and vehicles Hire and leasing of plant and machinery Insurance 17,916 763 203 5,495 4,517 3,087 3,867 2.107 668 634 427 Printing, postage and stationery Telecommunications 797 379 Accountancy fees Legal fees Consultancy fees Subscriptions Sundry expenses 1.590 26 924 1,210 23,842 216 297 610 (25.596) (43,979) Other Operating Income other coronavirus grant income 39,469 39,469 OPERATING SURPLUS/(DEFICIT) 19,270 14,5101 Interest payable and similar charges Bank charges 60 60 (60) (601 SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR 19,210 14,5701 Page 7