REGISTERED COMPANY NUMBER: 04472214 (England and Wales) REGISTERED CHARITY NUMBER: 1099205
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
FOR
THE SHOW CRIB (A COMPANY LIMITED BY GUARANTEE)
Prestons & Jacksons Partnership LLP 364 - 368 Cranbrook Road Ilford Essex IG2 6HY
THE SHOW CRIB
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
|
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Page|
|Report|of the|Trustees|1|to|10|
|Independent Examiner's Report|a|
|Statement|of Financial|Activities|12|
|Statement|of|Financial|Position|13|to|14|
|Notes|to|the|Financial|Statements|15|to|22|
|Detailed|Statement|of Financial|Activities|23|
----- End of picture text -----
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The Show Crib is a company limited by guarantee and a registered charity governed by its memorandum & articles of association.
Page 1
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
OBJECTIVES AND ACTIVITIES
Our Aims
We provide a supportive environment that gives young people a voice and a stake in their community. We enable them to develop holistically, working with them to facilitate their personal, social and educational development, to cnable them to develop their voice, influence and place in society and to reach their full potential
Our activities are underpinned by our commitment to the United Nations Convention on the Rights of the Child and the National Youth Work values of
-
Participation and active involvement
-
Equity, diversity and inclusion
-
Partnership with young people and others - Personal social and political development
The Organisation addresses its aims by: -
-
Providing socially inclusive, in-formal and non-formal participatory learning activities for all- young people regardless of background or circumstance, particularly those with diverse and complex needs, caused by exposure to trauma and/or affected by crime, low educational attainment, unemployment, poor health & wellbeing, homelessness and social and economic deprivation
-
Representing young people's opinions at local, regional, national and international forums
-
Exploring and developing innovative and effective ways to promote social inclusion
-
Developing local solutions to local problems
~ Continued Professional Development of Trustees, Staff and Volunteers
-
Building the resilience of the organisation
-
Promoting standards fer good practice
The Show Crib has a clearly defined structure allowing members to participate through an elected Board of Trustees. This governing body has responsibility for policy and overall management. The day to day running and development of the Show Crib is in the hands of the Management Team led by the Chief Executive Officer.
Youth Forum
The Youth Forum is led by a cooperative committee comprising young people who are members of the Crib. The role of the Forum is to be the empowered voice and representation of the children and young people the Charity serves. The Forum holds an equitable position with the Board and Senior Management with regards to the organisation's strategic decision making and delivery of its charitable objectives. The Forum supports the delivery of all activities and leads the project management and presentation of the annual Boroughs United London youth talent showcase.
Page 2
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
Youth Forum Committee: Lily-Mai Reid-Thomas, Yasmina Bouchekara, Martins Oledeje, D'vante Roberts and Sara Bouchekara.
Yasmina started volunteering to do youth work in April 2023.
Training
Staff and volunteers have continued the development within the organisation im relation to safeguarding and mental health
- Introduction to safeguarding - Refresher safeguarding - First Aid - Mental health first aid qualification (due to increased concerns regarding young people's wellbeing it was identified that two staffmembers would undertake this training to support our young people)
Partnerships
The following partnerships and collaborations have been. fundamental in the delivery of the organisation's charitable objectives:
Cleck Your Skills: providing non-formal higher education accreditation framework for peer-to-peer recognition and validation of transferable employable skills.
Contextual Safeguarding Team fer Hoxton (TAC): this partnership has been mapping the existing support provision in the Hoxton area with regards safeguarding young people at risk of youth violence.
East Londen Business Alliance (ELBA): provides advice and support in organisational development, Trustee and Volunteer recruitment, funding opportunities and in-kind donations of childrens’ gifts for our annual Santa's Grotto.
Hackney Council for Voluntary Service (HCVS): Provides staff training and organisational development advice. Facilitators of MOPAC. Violence Reduction Unit, My Endz, South Hackney Wick partnership.
London Borough of Hackney Integrated Gangs Unit continued partnership to support the Parents' Voice community empowerment programme.
London Youth: Provides Continued Professional Development support for staff, Trustees and volunteers. Supporting organisation achteve Gold Youth Mark
Mayor's Office for Policing & Crime (MOPAC):
-
Metropolitan Police Youth Engagement Team: delivery of trading places and bike projects to support the building of effective relationships between young people and police.
-
Community Outreach Fund: Engaging ethnic minorities and women to join the police service.
Schools and Pupil Referral Units: partnerships with education services in Hackney and Tower Hamlets are fundamental to our delivery of awareness and empowerment workshops to children and young people. We continue to maintain existing relationships and create new partnerships.
The Counselling Space offers free therapeutic counselling support to young people and families who were referred to receive mental health support
The Josh Hanson Trust: this partnership has helped to support trauma-based therapy for bereaved parents.
Page 3
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
Petok Productions: A partnership that supports Boroughs United, they work with us on the day of the show to make sure the production runs smoothly
Rise Up East: A consortium for Violence Reduction within our communities for young people.
CHYPS+: Providing drop in sessions for our young people to discuss safe sex and how to protect themselves.
De Beauvoir Association: Support with funding for activities for the young people in the community.
Boxing academy: Workshop delivery for the pupils in the PRU
Public benefit
The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission in determining the activities undertaken by the Charity.
Page 4
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
ACHIEVEMENT AND PERFORMANCE
Review of activities delivered during the year ended 30 June 2023 In serving the aims and objectives of The Show Crib, we offered:
| Project/Activity | Description | No. of | No. ofSessions | Funder |
|---|---|---|---|---|
| Participants | ||||
| PodcastProject | Weekly Girls Group | 16 | 46 | LondonBorough |
| Meet-Up to chatabout | ofHackney | |||
| genderand identity. | ||||
| Cost ofLiving | CostofLiving Food | 60 family | 46 | Hackney Giving |
| Crisis | andFuelPoverty | groups | ||
| Crisis Relief, food and | ||||
| fuel. | ||||
| RiseUp East | Crib is strategic | HCVS, Quest, | 24 strategic | MOPACViolence |
| Consortium | delivery partnerand | Wickers, | partnership | ReductionUnit |
| relationship manager | WickerFC, | meetings | ||
| Immediate | ||||
| SharpEnd | ReducingSerious | 700 | 3 schools; 3 | London |
| Youth Violence | PRU;3* Youth | Community | ||
| Workshops | Organisations | Foundation/ | ||
| MOPAC | ||||
| Trading Places | A trust and confidence | 300 | 1 College; 1 | Metropolitan |
| exchange between | Youth Club; 1* | Police Service | ||
| youngpeople and the | Community Fun | |||
| police | Day; | |||
| Victims Support | —__Befriending and | 12 | 20 | London |
| therapeutic | Community | |||
| counselling for | Foundation/ | |||
| bereaved families of | MOPAC | |||
| youngvictims ofyouth | ||||
| violence | ||||
| Trading Places | Collaboration with | 56 | 1* Community | MOPAC |
| Community | Met Police initiative | FundDay; 2* | ||
| Outreach | encouragingBlack and | TradingPlaces | ||
| global minorities and | Workshops | |||
| women tojoin the | ||||
| PoliceService |
Page 5
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Generic Youth|Term Time &|holiday|164|187|Jack Petchey|
|Club|programme:|music,|Foundation;|
|dance and sports|Unrestricted|Funds|
|activitiesJack|Petchey|- Individual|
|Achievment|Awards|Donors|
|Parents'|Voice|Parents &|Carer|12|70|London|Borough|
|Community Support|of Hackney,|
|Network|Integrated Gangs|
|Unit|
|Community Fund|End|of Summer Get|275|1|Unrestricted Funds|
|Day|Together|- Private Donor|
|Community|Fund|Santa's|Grotto,|300|]|ELBA|(In-Kind);|
|Day|children's|gifts|De Beauvoir|
|donations|Association|
|Boroughs|United|Workshops|delivery|of|364|20|Unrestricted|
|the|return|of the|Funds-|
|annual|plan|-|London|
|Youth|talent|show|
|Step|Class (Keep|Empowering womens|27|1|Hour sessions|*3|Donations|
|Fio}|mental|health and|well|a week150|
|being through|exercise|sessions|a year|
----- End of picture text -----
The Charity secured funding and partnerships through various sources, which include:
Restricted Funds
Hackney Giving Jack Petchey Foundation London Borough of Hackney National Lottery Community Fund Hackney Parochial Charities National Foundation for Youth Music Mayor's Office for Policing & Crime
Unrestricted Funds
De Beauvoir Association Garfield Weston Foundation Just Giving (Individual Donors)
Partnerships City Bridge Academy De Beauvoir Association De-Beauvoir Estate Tenants and Resident Association Hackney Community Voluntary Services Immediate Theatre London Borough of Hackney Young Hackney Intergrated Gangs Unit
Page 6
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
Metropolitan Police Community Outreach Team Metropolitan Police Tower Hamlets
NHS Rise Up East Shoreditch SPA The Boxing Academy Tropical Isles Waterside Academy
Funding for Projects Delivered in 2021/2022
National Foundation for Youth Music
FINANCIAL REVIEW
Financia] position
The statement of financial activities shows income for the year of £163,200 (2022: £171,140) with expenditure of £138,635 (2022: £215,424). At the end of current year, we generated a surplus of £24,565. (2022:Deficit- £44,284) which brings our total reserve to £51,684 (2022: £27,119) of which £43,960 (2022: £20,423) is restricted and £7,724 (2022: £6,696) is unrestricted.
Reserves policy
The Board of Trustees has established a policy whereby the restricted funds held by the charity should be kept between 6 & 9 months only.
PLANS FOR YEAR 1 JULY 2023 TO 30 JUNE 2024
This year, we engaged, supported and were inspired by 73 children and young people, who were core regular participants to our activities; and a further 2000+ children, young people and their families who attended our workshops and events.
The ongoing and worsening economic crisis brings exceptional challenges to the vast majority of the children, young people and their families who are members of, and supported by, the Show Crib.
By all accounts, from the testimonies and actual realities experienced by our communities, to the often devastating policies imposed by our local and national authorities, we anticipate increased intensity in the need to support our members as they continue to endure challenges and hardships during the coming year.
As we forge stronger, innovative partnerships and adapt our service provision, we will continue to brace the widening gaps in the social safety net and be part of building and empowering individuals, families and communities to be more resilient, resourceful, safe and joyful.
Our main challenge over this year was getting young people and families back in to the Crib to utilise the space after the lockdown. However throughout the summer we was able to get more people attending, with the activities we were able to provide and the families that we work with not having the capacity to afford to take their children on these trips and activities.
We continue to focus on the delivery of our core programme of popular, accessible and non-formal community learning and empowerment workshops and activities, which contribute to reducing harm in our communities, removing social inequalities and improving outcomes for disadvantaged young people.
The core programme for 2023/ 2024 will be delivered through the following projects: Generic Youth Provision, Youth Forum, Community Fun Days, Holiday Programmes, Workshops delivery, Trading Places, Sharp End, Parents' Voice, Mental Health & Wellbeing, Boroughs United and Generation Uncovered.
Page 7
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Relationship between Funders and Committee members
There is no known relationship between any funder and any member of our Board of Trustees.
Financial Risk Assessment
Assessment of risk and appropriate staff training were undertaken and this has now been implemented to ensure:
External Risks
The significant external risk is that of funding. As such, all projects are administered through a coding system as ‘stand alone’ projects - should funding be withdrawn for any one project other projects will continue unhindered.
Internal Risks
Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of service for all operational aspects of the charitable company. These procedures are consistently reviewed to ensure they continue to meet the needs of the charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04472214 (England and Wales)
Registered Charity number 1099205
Registered office
1-16 Benyon Court De Beauvoir Estate Balmes Road London NI 5TJ
Page 8
THE SHOW CRIB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
Trustees
The Show Crib Board of Trustees has a minimum of four members who are all volunteers and are elected annually at a meeting open to all stakeholders including members, delivery partners, local residents and funders.
Trustees are assigned particular areas of activity where their experience might enable them to provide meaningful advice and support.
All Trustees are DBS checked, which, alongside a recommended framework of safeguarding training and practice, is key to ensuring that they are fit and proper persons to take responsibility for am organisation which works with young people.
The trustees ensure that major risks, including governance, operational, financial and compliance with legal requirements are identified and reviewed on a regular basis and that adequate systems are in place to mitigate them.
The management ensure that policies and procedures covering Health and Safety, Safeguarding, Child Protection, Equal Opportunities, Finances, and staff and volunteer handbooks are in place. These are reviewed, advised upon, and endorsed. by the Board on a regular basis.
In addition, the Trustees ensure the organisation has access to professional legal and financial advice where appropriate. Meetings are held on average every three months. Trustees benefit from a detailed and complete quarterly Management Report that includes briefings on programme, operation, safeguarding, development, communications, finance and compliance budgetary reports.
Trustees are actively encouraged to engage with staff, volunteers and beneficiaries in their day-to-day activities, while maintaining the distinction between management and governance.
Board of Trustee Members are
Frank Sweeney Angela Austin (Treasurer) Wilma Cullen - Resigned on 30th May 2023 Cara Phillips. Emeka Egbuonu - Appointed on 30th May 2023 Rebecca Samuel - Appointed on 30th May 2023 Richard Shoyemi - Appointed on 30th May 2023 Uma Divekar - Appointed on 30th May 2023 Sylvester Bobby - Appointed on 30th May 2023 and resigned on [2th Sept 2023
All Directors of the company are also Trustees of the charity and there are no other Trustees. The Board has the power to appoint additional Trustees as it considers fit to do so.
Independent Examiner Anwer Patel BA(Hons), BFP, FCA Prestons & Jacksons Partnership LLP
364 - 368 Cranbrook Road Hiford Essex 1G2 6HY
Page 9
THE SHOW CRIB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2023
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board oftrustees on mesio herk and signed on its behalfby:
----- Start of picture text -----
oo A (Wrs Emeka Eq buono
‘ t) Trustee PP Gtave fliiy Up .
2D . t ahi 3
----- End of picture text -----
Page 10
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SHOW CRIB
Independent examiner's report to the trustees of The Show Crib (‘the Company‘) L report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
L., accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
- the accounts do not accord with those records; or 3 the accounts do net comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as past ofan independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in. accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1[02)).
I have no concerns and have come across no other matters im connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Anwer Patel BA(Hons), BFP, FCA.
Prestons & Jacksons Partnership LLP 364 - 368 Cranbrook Road
Ilford Essex
Date: __it iC ae
Page 11
THE SHOW CRIB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|30.6.23|30.6.22|
|Unrestricted|Restricted|Total|Total|
|fund|fund|funds|funds|
|Notes|&|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|Donations|and|legacies|2|11,230|151,970|163,260|171,140|
|EXPENDITURE|ON|
|Charitable|activities|
|Charitable Activities|10,202|128,433|138,635|215,424|
|NET INCOME/(EXPENDITURE)|1,028|23,537|24,565|(44,284)|
|RECONCILIATION OF FUNDS|
|Total|funds brought|forward|6,696|20,423|27,119|71,403|
|TOTAL FUNDS CARRIED FORWARD|7,724|43,960|51,684|27,119|
----- End of picture text -----
The notes form part of these financial statements
Page 12
THE SHOW CRIB
STATEMENT OF FINANCIAL POSITION
----- Start of picture text -----
||||||
|---|---|---|---|---|
|30 JUNE|2023|
|30.6.23|30.6.22|
|Notes|£|£|
|FIXED|ASSETS|
|Tangible assets|7|565|754|
|CURRENT ASSETS|
|Debtors|8|-|1,887|
|Cash|in|hand|$4,735|25,978|
|54,735|27,865|
|CREDITORS|
|Amounts|falling due within one year|9|(3,616)|(1,500)|
|NET CURRENT ASSETS|51,119|26,365|
|TOTAL|ASSETS|LESS|CURRENT|
|LIABILITIES|51,684|27,19|
|NET ASSETS|51,684|27,119|
|FUNDS|1]|
|Unrestricted|funds|7,724|6,696|
|Restricted|funds|43,960|20,423|
|TOTAL FUNDS|51,684|27,119|
----- End of picture text -----
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386.and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 13
continued...
THE SHOW CRIB
STATEMENT OF FENANCIAL POSITION - continued 30 JUNE 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The fipangial statements were approved by the Board of Trustees and authorised for issue on Ne) ¢ic¥pto) ne and were signed on its behalfby:
» Shee CaN fiA, —s//
The notes form part of these financial statements
Page 14
ke ACCOUNTING POLICIES
THE SHOW CRIB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
Basis of preparing the financial statements and assessment of going concern
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared im accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)‘, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Going Concern Policy The Board confirmed that there are sufficient fundings to operate in the next twelve months and that there are no material uncertainties about the charity's ability to continue as a going comcern. As a result, the account has. been prepared on a going concern basis.
The charity constitutes a public benefit entity as defined by FRS102.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Donations are recognised when the charity has been notified in writmg of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those condition is wholly within the control of the charity and is probable that those conditions will be fulfilled in the reporting period.
Income from government and other grants, whether "capital" grants or "revenue" grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Donated services recognised in financial statements would include those provided by an individual or entity as part of their trade or profession for a fee. An equivalent amount is included as expenditure.
Expenditure and irrecoverable vat
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Irrecoverable VAT is charged as cost against the activity for which the expenditure was incurred.
Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost inchides expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Page 15
continued...
THE SHOW CRIB
- ACCOUNTING POLICIES - continued
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2023
Tangible fixed assets
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using cither a straight line or reducing balance method, as indicated below.
Depreciation is provided on the following basis:
Plant and machinery - 25% Reducing balance
The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt insirument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.
Related Party Note
The charity discloses related party transactions in the notes to the financial statements.
Page 16
continued...
THE SHOW CRIB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2023
----- Start of picture text -----
|||||
|---|---|---|---|
|ee|DONATIONS AND LEGACIES|
|30.6.23|30.6.22|
|£|£|
|Donations|9,230|14,170|
|Grants.|133,970|138,970|
|Donated services and|facilities|20,006|18,000|
|163,200|171,140|
----- End of picture text -----
Grants received, included in the above, are as follows:
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|30.6.23|30.6.22|
|£|£|
|Mayors|Office|for Policing & Crime|14,000|-|
|London Borough of Hackney-|Inquiring Festival|-|2,000|
|London Borough of|Hackney|- Youth Gang Intervention|5,000|3750|
|Arts Council|England|-|14,163|
|London Borough ofHackney|Youth Opportunity Fund|-|3,310|
|Immediate Theatre|1,620|1,585.|
|The National|Lottery Community Fund|9,836|-|
|London Borough of Hackney|-|Council|for Voluntary Services|41,484|27,127|
|Hackney Empire|-|3,619|
|De Beauvoir|Assaciation|2,000|1,000|
|The London Community Foundation|-|17,463.|
|Borough United|1,197|-|
|Jack Petchey Foundation|1,800|2,200|
|Groundwork|London|-|600|
|National Foundation|for Youth Music|18,060|10,000|
|London ofBorough|of|Hackney|-|City Hackney|Together|-|3,750|
|Bernie Grant|Arts|Centre|-|250|
|LB Wandsworth WBC|-|2,725|
|Garfield Weston Foundation|36,000|30,000|
|London Borough of Brent|-|600|
|London Borough of|Hackney|- VCS - Children and Young People’s|-|9,828|
|Fund|
|Anonymous|-|5,000|
|City|& Hackney Giving|1,500|-|
|Hackney Parochial|Charities|7,539|-|
|133,970|138,970|
----- End of picture text -----
Page 17
continued...
r
THE SHOW CRIB
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2023
Be NET INCOMEKEXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
----- Start of picture text -----
||||||
|---|---|---|---|---|
|30.6.23|30.6.22|
|£|£|
|Depreciation|- owned|assets|189|252|
|Independent Examiner Fees|1,500|1,500|
----- End of picture text -----
- TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022..
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.
- $3 STAFF COSTS
----- Start of picture text -----
|||||
|---|---|---|---|
|30.6.23|30.6.22|
|=|E|
|Wages|and salaries|65,535|124,532|
|Social security costs|1,370|3,630|
|Other pension costs|2,906|3,785|
|69,811|131,947|
----- End of picture text -----
The average monthly number of employees during ihe year was as follows:
----- Start of picture text -----
|||||
|---|---|---|---|
|30.6.23|30.6.22|
|Charitable|Activities|7|9|
----- End of picture text -----
No employees received emoluments in excess of £60,000.
Page 18
continued...
THE SHOW CRIB
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2023
6. KEY PERSONNEL MANAGEMENT
The Key Personnel Management is the Project Manager whose remuneration is £37,845 pa. (2022: £37,845)
-
TANGIBLE FIXED ASSETS
| - | TANGIBLE FIXED ASSETSASSETS | ||
|---|---|---|---|
| Plant and. | |||
| machinery | |||
| £ | |||
| COST | |||
| At 1 July2022 and 30June2023 | 37,355 | ||
| DEPRECIATION | |||
| At 1 July2022 | 36,601 | ||
| Charge foryear | 189 | ||
| At30June2023 | 36,790 | ||
| NETBOOKVALUE | |||
| At 30June2023 | 565 | ||
| At 30June 2022 | 754 | ||
| 8. | DEBTORS: AMOUNTSFALLINGDUEWITHINONEYEAR | ||
| 30.6.23 | 30.6.22 | ||
| £ | £ | ||
| Otherdebtors | - | 1,887 | |
| 9. | CREDITORS: AMOUNTSFALLINGDUEWITHINONE YEAR | ||
| 30.6.23 | 30.6.22 | ||
| £ | £ | ||
| Socialsecurityandothertaxes | 2,116 | - | |
| Accruedexpenses | 1,500 | 1,580 | |
| 3,616 | 1,500 |
Page 19
continued...
THE SHOW CRIB
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2023
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| 30.6.23 | 30.6.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| £ | £ | £ | £ | ||
| Fixed assets | 565 | - | 565 | 754 | |
| Currentassets | 7,159 | 47,576 | 54,735 | 27,865 | |
| Currentliabilities | - | (616) | (3,616) | (1,500) | |
| 7,724 | 43,960 | 51,684 | 27,119 | ||
| Balance ofRestrictedFundscarriedforward are made | as follows: | ||||
| Funders | ) | ) | |||
| 30th June | |||||
| 30th | June 2023 | 2022 | |||
| MayorsOffice | 4,776 | - | |||
| HackneyYouth/GangIntervention | 1,031 | - | |||
| LondonBoroughofHackney - Council forVoluntary | Services | 14,056 | 2,550 | ||
| LondonBoroughofWandsworthWBC | 2,725 | 2,725 | |||
| LondonBoroughofHackney -InquiringFestival | 922 | 922 | |||
| TheNationalLotteryCommunityFund | - | ~ | |||
| E14 CommunityDayoneHousing | - | 4,151 | |||
| National FoundationFerYouthMusic | 9,452 | (4,143) | |||
| JackPetchyFoundation ArtsCouncilEngland |
1,222 343 |
1,348 343 |
|||
| LondonBoroughofHackney -VCS-ChildrenandYoung | |||||
| People'sFund | 1,894 | 9,328 | |||
| ImmediateTheatre | - | 199 | |||
| HackneyParochial Charities | 7,539 | = | |||
| 43,960 | 20,423 |
National Foundation for Youth Music
These are funds geared towards music projects which employ young people to perform with various artists.
London Borough of Hackney- VCS- Children and Young People's Fund These are funds awarded towards the Girls’ project.
Arts Council England
These funds are geared towards professional development of young creative practitioners.
Page 20
continued...
THE SHOW CRIB
NOTES TO THE FINANCIAL STATEMENTS - FOR THE YEAR ENDED 30 JUNE 2023
- continued
li. MOVEMENT IN FUNDS
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1/7/22|in|funds|30/6/23|
|£|£|£|
|Unrestricted|funds|
|General fund|6,696|1,028|7,724|
|Restricted funds|
|Restricted|Funds|20,423|23,537|43,966|
|TOTAL FUNDS|27,119|24,565|51,684|
|Net movement|in|funds,|included in the above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund.|11,230|(16,202)|1,028|
|Restricted|funds|
|Restricted|Funds|151,970|(128,433)|23,537|
|TOTAL FUNDS|163,200|(138,635)|24,565|
|Comparatives|for movement|in|funds|
|Net|
|movernent|At|
|At|L/7/21|in|funds|30/6/22|
|£|£|£|
|Unrestricted|funds.|
|General|fund|16,919|(10,223)|6,696|
|Restricted|funds|
|Restricted|Funds|54,484|(34,061)|20,423|
|TOTAL FUNDS|71,403|(44,284)|27,119|
----- End of picture text -----
Page 21
continued...
THE SHOW CRIB
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2023
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
----- Start of picture text -----
|||||
|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|im funds|
|£|£|£|
|Unrestricted|funds|
|General fand|50,170|(60,393)|(10,223)|
|Restricted|funds|
|Restricted Funds|120,970|(155,031)|(34,061)|
|TOTAL FUNDS|171,140|(215,424)|(44,284)|
----- End of picture text -----
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2023.
Page 22