Company Number: 04528346
Charity Number: 1102263
Bernie Grant Centre Partnership
(A company limited by guarantee)
Annual report and financial statements
For the year ended 31 March 2024

Bernie Grant Centre Partnership
Reference and administratlve detalls
Trustees
Geoffrey Williams - Chair
Emma Bowman
Miranda Grell
Robyn Kasozi
Nicole Le Marie
Sam Mackay
Robert Muncaster
Philippine Nguyen Ngoc
Nii Nortey
Dlmple Purohit
Jonathan Rand
Charis Thomas
Key Management Personnel
Azieb Pool - CEOIArtistic Diractor
Company number
04528346
Charity number
1102263
Other Working Names
BGAC - Bernie Grant Arts Centre
Reglstered Office
Bernie Grant Arts Centre
Town Hall Approach Road
Tottenham
London N15 4RX
Bankers
Triodos Bank
Deanery Road
Bristol BS15AS
Auditors
Dunkley's Chartered Accountsnts
Registered Auditors
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol BS32 4JY

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
The trustees who are also directors of the charty for the purposes of the Companies Act 2006 are
pleased to present their report together with the financial statements of the charity for the year to
31 March 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the
accounts and comply with the Charity's Memorandum and Articles of AssoGiation, the Companies
Act 2006 and the Statement of Recommended Practi￿ 'Accounting and Reporting by Charities,
(revised 2015).
Structure, Governance and Management
Legal status
Bernie Grant Centre Partnership is a company limited by guarantee and a regist8red charity. The
company was registered in England and Wales on the 6 September 2002 and gained charitable
status on the 24 February 2004.
Governing Document
Bernie Grant Centre Partnership is governed by its Memorandum and Articles of Association dated
6 September 2002 as amended by a written resolution dated 22 January 2004.
Trustee8
The directors of the charitable company are also Its trustees forthe purpose of charity law.
Throughout this report they are collectively referred to as the trustees.
The following individuals served as trustees during the period and to the date of thls report:
Geoffrey Williams - Chair
(appolnted December 2023)
Miranda Grell
Robyn Kasozi
Nii Nortey
Dimple Purohit
Jonathan Rand
Nicole Le Marie
Sam Mackay
Emma Bowman
Charis Thomas
Robert Muncaster
Philippine Nguyen Ngoc
Sharon Grant OBE
Lela Kogbara
Malakai Sargeant
Elisabeth Ukanah
(appointed June 2024)
(appointed June 2024)
(appoint8d Jun8 2024)
(appointed June 2024)
(appointed June 2024)
(appointed June 2024)
(resigned March 2024)
(resigned March 2024)
(resigned December 2023)
(resigned June 2023)
All trustees served for the full period unless otherwise indicated above.
The charity is controlled by the bDard of trustee5 who meet at quarterly intervals to administer the
charity.
A CEO & Artistic Director has been appointed by the trustees to manage the day-to-day operations
of the charity. To facilitate effective operations, the CEO has delegated authority. within terms of
delegation approved by the trustees, for operational matters including finance, employment and
artistic performance related activity.
Recruitment and appointment of new trustees
The trustees who are elected and co-opted under the terms of the Articles of Association may by
ordinary resolution appoint a person who is willing to be a trustee either to fill a vacancy or as an
additional trustee.

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
New trustees undergo an orientation day to brief them on their legal obligations under charity and
company Isw, the Charty Commission guidan￿ on public benefit, and inform them of the content
of the Memorandum and Articles of Association and decision-making processes, the business plan
and recent financial performance of the charity. During the induction day they meet key employees
and other trustees. Trustees are encouraged to attend appropriate external training events where
these will facilitate the undertaking of their role.
None of the trustees receive remuneration or other benefits from th8ir work with the charity.
Publlc Benefit
The Trustees confinyj that they have complied with their duty under Section 17(5) of the Charities
Act 2011 to have due regard to the Charity Commission's general guidan￿ on public benefit when
reviewing the charity's aims and objectives and in planning futur8 activities.
In determining how best to pursue our primary aims and objectives, the Trustees have considered
the Charity Commission's guidance on public benefit, including fee charging. This is especially
pertinent for the Bernie Grant Arts Centre (BGAC) where affordability, to encourage participation
and broaden accessibility, is a key issue for potential users of our services and activities, and also
for the hirers and tenants of our spaces. In this context prices - be it for services and activities or
hires and rents - are typically set as low as possible for the income g8nerat8d to cover all costs.
Objectlves and princlpal activitles
The Bemie Grant Arts Centre is a state of the art, purpose-built arts complex in the heart of
Tottenham Green, North London, one of the most diverse, dynamic and creative places in the
capital. Opened in 2007, the centre was the vision of the late Bernie Grant MP who wanted to
create a flagship performing arts centre which would become a home ft>r culturally diverse artists,
audiences and entrepreneurs in the cultural industries. Designed by Sir David Adjaye, the complex
features." a 274-seat, flexible theatre space; 3 rehearsal spaces, a lounge cinema, café & bars; 20
creative workspaces, around a large open square.
Our Mission
The BGAC is a unique space which develops, support8 and presents work by Black and minority
elhnic artists. We are welcoming to all, but we focus on championing Black artists telling their own
stories. We are developing the artists of tomorrow and the audiences of the future.
We aim to be a nationally and internationally recognised ￿ntre for the development of diverse
cultural and creative practitioners, and to have a demonstrably positive impact on the quality of life
of local communities. Indeed, it's part of our vision to make a substantial contributlon to the social
and economic regeneration of Tottenham and to the wider artistic ecology.
The BGAC is committed to being a centre of excellence in the areas of training, education and
learning, and cultural diversity in the arts.
Core Aims & Objedives
The Bernie Grant Arts Centre's core objectives are to:
Cultivate high quality artistic innovative works by Black and diverse artists, through a range
of artistic and support programmes.
Remove barriers to participation in the arts and pathways into the creative industries:
Celebrate the creativity of a culturally diverse population locally, nationally and
internationally-
Attract and develop new and existing participation in the arts from all communities"

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
Be a cataEyst for the regeneration of Tottenham;
Lead on the strategic development of innovative learning and participation programmes for
local artists and those in the creative industries.
Support the local creative economy by providing managed workspace unitsl business units,
buildings andlor land for use on favourable temis particularly amongst those among the
Black, African and Caribbean diaspora and local residents in the London Borough of
Haringey;
strengthening our fin8ncial p6rformance and ensuring we are a robust and resilient
organisation.
The strategies employed to achieve the charity's aims and objectives are to:
Present a broad range of high-quality theatre productions and art exhibitions targeted at the
local community and at a wider audience.,
Present an artistic and creative learning programme that represents and reflects Black,
African and Caribbean diaspora communities often excluded from mainstream artistic
platforms.
Provide an artistic programme that is accessible and gives those often locked out of the arts
multiple ways to engage and be involved.
Provide small and medium size performance spaces for use by emerging local and regional
talent as well as visiting performers;
Provide facilities and opportunities for local creative talent to develop and prosper in an
environment which is well resourced and controlled by a diverse local community, for the
benefit of that community,.
Provide facilities and support for artists to develop. Groups in the borough are given
discounted rates for hire of space and access to professional advice.,
Concentrate on engagement work targeted at involving young people from one of London's
most dlverse and deprived boroughs to bridge the arts participation gap.
Achievements and performance
Artistic hlghllghts In the year to March 2024
We opened the financial year on April 3rd with our Easter Camp. Partnering with Dox Dancers of
Excellence, we delivered a special Easter Holiday Performing Arts & Dance Camp with daily
workshops. for young people, aged 7 - 12 years old. Classes covered dance disciplines including
African, Street, Breaking, Freestyle and Poppin n, Lock-in,, as well as Performing Arts and
Gymnastics. All levels of ability were welcome and the sessions offered over 40 young people a
great opportunity to learn new skills and make new friends, while supporting local parents with an
affordable and creative engagement option.
April also marked the annual Bernie Grant Lecture, presented this year by Professor Nicola
Rollock, Professor of Social Policy & Race at King's College London. Professor Rollock reflected
on the landscape of racial justice in the years following the murder of George Floyd. The talk was
followed by Q&A after the lecture was well received by our audience who actively participated.
On Friday 28th April, in line with our commitments to support up and coming creative companies,
we hosted Alison Ray Dance company's piece - 'Unknown Soldier,. The work celebrated and
honoured the Black British War veterans who fought in WWI and WWII. The piece also shed light
on the often forgotten Black women who formed part of the War effort during this era. The
Choreography and Concept created by Alison Ray MA, used Dance, Text. Live Music and visuals
to create a poetic performance about these soldiers from Britain, The Caribbean, and Africg.
From the 13th - 15th fviay, we fomed a partnership wiÉh Breakin, Convention, the UK'S largest
Hip Hop festival, with the aim of devising and developing new work in a one-week mentorship

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
program involving 6 BlaGk artists. The primary focus was on nurturing theatre skills within hip hop
artistslperformers and exploring innovative ideas. The main objective of the showcase, titled 'Open
Art Surgery., was to enable the artists to re￿1ve valuable feedback from the audience, with
facilitation provided by the r6nowned Jonzi D.
Throughout 2023 our monthly film night, Black Lens, continued. Working in partnership with Ihe
BFI, this series of intimate film screenings highlighted intersectional Black identities and offered a
sustainable point of engagement for our local audiences. Monthly screenings included: Black
Mother (2018), Check It (2016), Necktie Youth (2015), Rag Tag (2006), Neptunes Frost (2021),
Pier Kids (2019)- In June, we hosted a special screening of The Harder They Come (1972) as part
of our Windrush programme. Over 200 guests have joined us for screenings to date.
June marked our annual Windrush 75 Festival. Energised by Profassor Laura Serrant's poem
'You Called.. And We Came. our 4th Windrush Festival paid tribute to the hopes and dreams of
the Windrush generation through an ambitious programme running from Monday 19th to Saturday
24th June. Celebrating 75 years since the MV Empire Windrush arrived in the UK. Our whole
venue was animated by a line-up of film, live music, art exhibitions and other incredible Black
talent, as we came together to celebrate the Windrush legacy. This year we were successful in our
Windrush Festival funding bid from Near NeighbourslDCHL (£40k), and were able to present a rich
and well-attended programme including:
Community Think-in: held on May 18th, we invited members of the IoGal community into
the centre to hear about our upcoming plans and give their thoughts on the Windrush
events. This was the first in a series of community connection sessions designed to help us
work more closely with local voic8S to inform our future programmes.
In School Workshops: Across the month of June we worf(ed with over 200 young people
across 4 schools, arranging and hosting workshops with leading artists and facilitators to
help them understand and express the Windru8h experience through drama and
movement.
Schools Day: On Thursday 22nd, Windrush Day, we hosted our major schools sharing day
where the young people from the workshops programmes came together to share their
perfomiances to their fellow pupils, teachers and facilitators.
Arts Bridge Workshop: On Monday 19th we welcomed 200 young people from Chestnut
Primary school to work with our partner Arts Bridge for a day of workshops inspired by the
Windrush Story.
Arts Bridge Elders.. On Tuesday 20th we launched our beautfful Windrush Elders portrait
exhibition in our foyer - featuring portraits of Windrush Generation individuals along with a
series of QR codes that when scanned, allowed you to hear the stories behind their faces.
Earlier in the month we hosted Arts Bridge in one of our studios for the Elders photo shoot.
Film Screening & Reggae Choir: Thursday 22nd marked a special screening of classic
film, 'The Harder They Come, with a live perfomiance from resident group: The Reggae
Choir. Over 100 people attended, joining in with the choir performances before watching
the film.
Pegasus Opera: Our VIP event on Friday, June 23rd was followed by a special Windrush
75 Anniversary performance from Pegasus Opera. Featuring a range of Windrush inspired
songs from their current touring productions, the performan￿ was attended by 125 people.
Then on Friday June 23rd, we were delighted to host a special VIP private view and talk with artist
Elsa James to launch her new. semi-public art installation in the front of the Bernie Grant Arts
Centre building: 'Ode to David Lammy MP,. This stunning neon artwork is inspired by an emotive
speech by the Tottenham MP in 2018 responding to the Windrush scandal. The artwork was on
display in our window gallery until October. The VIP event was attended by over 65 people
including partner contacts, board members, individuals from our funder organisations as well as a

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
number ofthe Windrush Elders. Speeches were given by Elsa James and the deputy Mayor of
Haringey Councillor Ajda Ovat.
Saturday June 24th marked the biggest of our Windrush events, the Windrush Block Party in our
square. Featuring workshops from Witty Ditty Designs, Mangoozkids & Disco Loco, and delicious
Caribbean food stalls from partner Black Eats, the day was a celebratory series of performances,
engagements and inter-generational fun. Over 500 attendees enjoyed perfomiances from Steppaz,
Reggae Choir, Germane Marvel & Friends, Rhythm of the City, Dionne Reid and our host Wild G.
We also had music from DJS Chantz Dee and Donnie Sunshine. Tickets were available from £5
with our accessibl8 Pay What You Can (PWYC) offer, with free tickets for under 2s and over 65s.
We were delighted with the range of people in attendance, with ages spanning from babes in arms
to those in their 90s all coming together to spend the day.
With events tsking place across all of our main spaces, we engaged a total of over 1,000 guests,
including 300+ young people from local schools in our Schools Day. 30 older generation guests in
our Windrush Elders Project. and over 500 people on Windrush Festival day.
Our sumrner programme continued with our three week, performing arts summer camp, for
young people ages 7-16, in partnership with Haringey Council. Weeks one & focussed on
theatre and performing arts skills for ages 12-16 in collaboration with local facilitstors and we8k 3
was run by our dance residents, Steppaz. engaging 7-11 year olds in foundational dance. By
securing funding from Haringey Council we were able to offer 25 children, who received free
school dinners, a free place on this programme, At the end of each week there was a group
performance in the theatre attended by teachers and parents. We also offered a free breakfast club
and free lunches to support community need.
October marked BGAC'S 2023 'Black Celebration Month,. We hosted a month-long programme
of photography, movement and music workshops in collaboration with Haringey Feast for the local
community and on October 12th, a major event was hosted in collaboration with Haringey Council
to launch the BHM365 campaign. Then on Friday 27th October, we collaborated with Rise Projects
to host 'Somali Culture Night 2023, at BGAC. Supported by Haringey Council, the event provided
BGAC with an opportunity to ￿lebrate the rich history of tha Somali community living in Haringey,
the event was sold out and attended by over 200 people. Over 500 IoGal people were engaged
across the month, mostly through free programming.
Continuing our collaborations with Haringey Council, October also marked the launch of the
'Tottenham Tapestries, _ p8rt of our Hi! Culture programme funded by Historic England in
partnership with Haringey Council, Bruce Castle and North London Community House. Five
colourful vinyl tapestries, created by local artist Andrea Ling, were installed across the BGAC site.
QR codes were included on each t8pestry to allow for guests to dive deeper into the stories behind
each work. Through the stories and art, the public art tapestries highlighted the area's history but
also fostered a sense of connection and pride among participating residents.
November welcomed the fifth annual Tottenham Literature Festival. Building on its reputation as
one of the UK'S leading literature festivals for work by Black authors, poets and artists, the festival
returned to BGAC from the 13th-19th November. This year's festival insluded a range of talks.
events, film screenings and workshops under the theme of the Black expeiience through the lens
of the human body. #TLF23 authors included: Dr Ronx, Gary Younge, Liv Little, Bolu Babalola,
Joelle Avelino, Annabel Sowemimo, Kehinde Andrews, Chloe Pierre, Jimi Famurewa. Kandace
Siobhan Walker, Claire Ratinon, Jay Lance. Lateshia Howell, Sister Woman Vegan, Ezra Lloyds-
J8ckson and Cecile Emeke and others. The festival included an extensive free programme as well
as all ticketed events starting from £5 as part of OLtr Pay What You Can scheme and engaged over
650 people. During TLF week we also ran 'Tottenham Big Read,, a partnership between BGAC

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
and The Reading AgenGy, that saw us give away 200 free copies of Dr. Ronx's children's book-
'Amazing Bodies, to the local community.
On Thursday, 16th Novemberwe launched our first formal exhibition, 'Bound' by Simon Wheatly,
funded through Freelands Foundation. The exhibition was a photographic collage of the
communities that required and sustained Grime as an artistic act of social resistance. The
exhibition launch was attended by over 100 people and the exhibition continued to bring BGAC
new aUdIen￿S we@kly to see the work.
On Sunday 19th November BGAC cornmissioned a community performance as part of Haringey
Councils borough wide event 'Haringey Feast, at Alexandra Palace. This commission was a
collaboration between our in-house associate companies Steppaz, Reggae choir and local spoken
word artist Tim Forde, with a total number of 40 local participants. The Haringey Feast gathered
over 500 local pgople to enjoy live music, dance performances, and spoken word artistry
celebrating the borough's rich cultural tapestry. In the lead up to the main event, BGAC hosted 18
workshops on site engaging over 200 people, offering in-kind space to 5 local arts & cultural
organisations offering dance workshops, photography classes, craft workshops and more.
Then in late Novemb8r, BGAC presented 'High Times and Dirty Mon8ters' in our maln theatre as
part of our partnership with 20 Stories High, Graeae and Liverpool Everyman. A ground-breaking
Hip-Hop theatre show explorlng the good times, heartbreaks, and systemic oppressions of Deaf,
disabled and neurodivergent young people and young adults in the UK. We welcomed over 250
guests across the three show run, and learned a great deal about our accessibility goals as a result
of the project.
In December, we presented R8filwe - our first ever home-grown piece of theatre, made in
partnership with Talawa & National Youth Theatre, executive produced by BGAC & directed by
Azieb Poo5. Adapted by Bisola Alabai, from the book by Zukiswa Wanner, Refilwe takes the classic
fairytale 'Rapunzel" relocates the story to Tottenham and gives it a contemporary twist. Marking a
significant step-change for BGAC, the production was an opportunity to meet our ambition of
redressing the lack of Black led high quality productions, launch ourselves into the sector as an
originator of work and, with a majority Black cast and creafive team, provide high quality
employment opportunities for Black creatives.
A total of 626 people attended the run at BGAC across 10 performances with large groups
engaged from three local schools.. Crawford Primary, Lancastarian Primary and Risley school. The
run then continued at NYT from 13-17 December and then Talawa as part of Croydon Borough of
Culture from the 20th - 23rd December.
'Thank you so much for what was really an unforgettable experienGe today.1 For several of the
children it was their firsf trip to the theatre and they absolutely loved it. Such an engaging show
with a great message. The children were very intrigued by the Set and the lighting, and how the
whole thing was put together. Refilwe's silver trainers hav8 already gained an iconic status in Year
31" Yr 3 teacher, Lancastarian Primary School
In January and February. our theatre was the venue for rehearsals and Performan￿ space
booking by Urdang Theatre, bringing in much needed commercial revenue.
Finally. in March. we closed out the financial year by hosting a series of'Haringey Fiinge, ev8nts
as part of our ongoing 'Hi Culture, parthership with Haringey Council's Regeneration Team. A
three year programme supported by Heritage England, the programme is designed to engage local

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
audiences in culture up and down Tottenham's High Road.
Prlnclpal rlsks and uncertalntles (April 2023 - March 2024)
The Trustees have reviewed the key strategic, operational, governance, and financial risks that the
charity currently faces, Systems and processes remain in place to mitigate these risks, adapting to
emerging challenges as needed.
Opening the building to the public outside of their attendance at events in June 2023, while positive
for engagement, introduced new financial and operational pressures. This decision required careful
financial planning to ensure sustained support for day-to-day operations without compromising
financial health.
The ageing fabric of the building, particularly the rcK)f, presents a considerable financial liability.
Roof repair costs have created ongoing budgetary strain, adding further pressure to both reserves
and cash flow. Trustees and management are actively exploring funding and partnership options to
address these high-priority maint8nance needs.
The lean team continues lo handle an expanded workload, with recruiting challenges in critical
areas such as fundraising and facilities management. While efficient, the team remains stretched,
impacting our ability to meet broader organisational goals. This limited capacity is under ongoing
review to ensure staff well-being and op8rational effectiveness.
The insolvency of our former tenant MTA and resulting outstanding debt continue to strain financial
resilience. Efforts to manage this shortfall involve active debt recov8ry, and expense reduction
measures, though financial pressures persist. Toward the end of the year th6 board took the
difficult decision to inGTease rental charges on our Enterprise Units for the first time in several years
in order to contribute to cost recovery. The new pri￿S remain significantly below market rents in
line with the Centre's mission and the Board took steps to ensure tenants were actively engaged
and to explain the changes in order to minimise the reputational risk.
The NPO grant from Arts Council England (ACE) was only 620/0 of the originally requested amount,
requiring the executive team, in collaboration with ACE, to adjust programming and budgets for the
ACE funded part of our work. This process in ongoing as we strive to raise further funds for our
wider programme.
The necessary reduction In programming to maintain financial balance has been uncomfortable in
the context of the Board's ambition to sustain a higher level of activity that is financially viable at
this point. To address this, we continue to prioritise impactful, stralegically selected events, while
transparently communicating constraints to our community.
The recruitment of a new Chair of the Board, along with six additional Truste85 in June 2024,
represents a signrficant step in bolstering governance. These appointments bring fresh
perspectives and expertise to the charity's leadership, strengthening oversight and risk
management capabilities.
The Trustees and executive team maintain ongoing vigilance over financial risks, including
reserves and cash flow sensitivity- This includes regular reviews of liquid funds, debt management,
and creditor relationships to ensure sufficient working capital is available. Additionally, the Finance
and General Purposes subcommittee provides continuous oversight. with risk register reviews as a
standing agenda item.

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
Future plans
As we move into our second year of NPO funding, we are focused on advancing sustainable
improvements across our building, program, and organisational infrastructure.
The predictable, quarterly funding provided by NPO continues to enable strategic, long-temi
planning across programming, staffing, commercial activities, and governance. This sustained
support allows us to focus more confidently on impactful growth and st8bility within the Centre.
We are fortunate to continue our partnerships with P8uI Hamlyn Foundation, Freelands
Foundation, and Baring Foundation, whose support is instrumental in expanding our artistic
programs and community engagement. These relationships provide vital resources for new
initiatives, including our signature Windrush 75 celebration, in June 2024.
The £150k Arts Council Capital grant also offers us an invaluable opportunity to address essential
building renovations in our cafe, gallery and box office spaces. Planned work, set to commence in
April 2024, will support improvements to the building's infrastructure, enhancing both functionality
and visitor experience as we work to open the new Mezzanine Gallery in partnership with curator
Ronan Mckenzie.
With the addition of key team members a Senior Producer and a Marketing & Audience
Development lead-our capacity to deliver on our ambitious goals are realistic. Once recruited,
these roles will strengthen our programming and outreach capabilities, supporting efforts to engage
broader audiences and deepen community ties.
The recent recruitment of new Trustees has infused the Board with fresh perspectives and
expertise. A newly established Fundraising Subcommittee, set to launch in June 2024, will further
support our financial sustainability, with Trustees actively engaged in securing the resources
needed to meet our mission.
Keeping the building open to the community and available for commercial hires and cafe
operations is central to our commitment to accessibility 8nd financial viability. We continue to
balance community-focused events with revenu&generating activities to ensure a vibrant,
welcoming space for all.
Our artistic vision will continue to be strengthened through our signature programs, including the
Windrush Festival, Tottenham Literature Festival 2024 and the launch of our new gallery space.
These upcoming projects highlight our commitment to presenting innovative, culturally resonant
work that amplifies Black voices and perspectives.
In alignment with our strategic priorities, we are dedicated to further building our funding pipeline,
strengthening our operations, and enhancing our impact on the community. Our ongoing work
across these areas will shape an exciting and sustainable future for the organisation.
Financial review
The year under review was in financial temis 8 challenging but ultimately successful period for the
charity.

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
Importantly as discussed above it was our first year as an NPO and the £307k NPO grant received
in year was the reason for the 61¥0 increase in grant income from £454k to £733k and a £300k
135% increase in total income to £1.148m (2023, £848k).
Income generation elsewhere remained difficult. During the previous year we suffered a 6-figure
loss of income after our previous tenant the Musical Theatre Academy (MTA) went into liquidation
in November 2022. MTA had rented 2 floors of our Hub Building on a 1 &year lease to February
2030, producing annual income in the region of £100k. As well as the loss of income the charity
has had to invsst a significant amount of time and money bringing the premises back to a rentable
standard and marketing the space which is not an easy task in the current economic climate.
Total spend increased by £190k1150/e to £1.493m (2023. £1.303m). NPO status saw more funds
invested our own artistic output than in previous years through both an increase on the direct
costs of our artistic programme by £72k1450/0 to £233k (2023, 161k) as well as more in house
provision through the salaries of newly recruited production and the hidden cost of premises
allocation making spaces unavailable for hire. Extemal factors also created spend challenges in
the year with the £74k1290h increase in premises costs to £334k (2023, £259k) driven mainly by
energy prices.
These factors Gombined to give a bottom line deficit of £229k for the year, spllt between a deficit on
restricted funds of £233k (due mainly to the depreciation of the Centre's buildings which is charged
to, and fully covered by, the fixed asset fund) and a small surplus on unrestricted funds of £4k.
This performance represents a significant year on year improvement given the £268k deficit on
unrestricted funds of the previous year and the ongoing income generation difficulties mentioned
above.
Undoubtedly there are many financial challenges ahead as the cost of living crisis replaces Covid-
19 as the main threat lo the economy. However, the trustees remain cautiously optimistic that NPO
status means the charity is positioned to get through the difficult period ahead and build for the
future.
Reserves
Restricted funds decreased during the period by £234k to £10.904m (2023, £11.037m). This 18 due
almost entirely to the premises depreciation charge of £261k pa charged to the fixed asset fund.
This fund will continue to decrease over the coming years as our interest in the propety is
amortised over 52 years.
Following a surplus on unrestricted funds for the period of £4k (2023, deficit of £268k) the balance
of unrestricted funds was -£96k at th& perlod end (2023 4100k). This figure represents the
charity's reseNes.
The Trustees believe that the Centre should endeavour to maintain a reserve level equivalent to 3
months of total expenditure less depreciation which is separately provided against. This amounts
to approximately £301k based on the current period's expenditure. Despite the set-back of the
2022-23 financial year the charity has made significant overall progress in recent years - reserves
stood at-£637k at 31 March 2020. Nevertheless. in the current circumstances we are likely to see
a depletion of reserves in the period ahead before returning to an upward trend, so reaching the
target level may take many years to achieve.
statement of Trustees Responslbilities
The trustees (who are also the directors of Bernie Grant Centre Partnership for the purposes of
company law) are responsible for preparing the Report of the Trustees and the financial
10

Bernie Grant Centre Partnership
Trustees, report for the year to 31 March 2024
statements in accordan￿ with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practi￿). Company law requires the trustees to prepare
financial statements for each financial year which give a true and fair vi8w of the state of affairs of
the charitable company and of the incoming resources and application of resources, including the
income and expenditure, of the charitable company for that period. In preparing those financial
statements, the trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP.
make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continua in business.
The trustees are responsible for keeping adequate accounting records which disclose with
re8sonab18 accuracy at any time the financial position of the charitable company and to enable
them to ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charitable company and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
statement as to disclosure to our auditors
In so far as the trustees are aware at the time of approving our trustees, annual report..
there is no relevant infomiation, being information needed by the auditors in connection with
preparing their report, of which the auditors are unaware, and
the trustees, having made enquiries of fellow directors and the auditors that they ought to
have individually taken, have each taken all steps that helshe is obliged to take as a
director in order to make themselves aware of any relevant audit informatlon and to
establish that the auditors are aware of that information.
Small company provlsions
This report has been prepared in accordance with the special provisions for small companies
under Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 12 December 2024 and signed on its behalf
by:
Jonathan Rand
Trustee

Report of the Independent Auditors to the Members of
Bernie Grant Centre Partnership (Registered number: 04528346)
Oplnion
We have audited the financial statements of Bemie Grant Centre Partnership (the 'charitable
company,) for the year ended 31 March 2024 which comprise the Statement of Financial
Activities. the Balance Sheet, the Cash Flow Statement and notes to the financial
statements, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable companws affairs as at 31 March
2024 and of its incoming resources and application of resources, including its result,
for the year then ended;
have been properly preparèd in accordance with United Kingdom Generally AC￿pted
Accounting Practice. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS
(UK)) and applicable law. Our responsibilities under those standards are further described in
the Auditors, responsibilities for the audit of the financial statements section of our report.
We are independent of the charitable company in accordance with the ethical reqU1￿ments
that are relevant to our audit of the financial statements in the UK, including the FRC'S
Ethical Standard, and we have fulfilled our other ethical responsibilities in accordan￿ wlth
these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relatlng to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS
(UK) require us to report to you where:
the trustees, use of the going concern basis of accounting in the preparation of the
financial statements is not appropriate; or
the trustees have not disclosed in the financial statements any identified material
uncertainties that may cast significant doubt about the charitable company's ability to
continue to adopt the going concem basis of accounting for a period of at least twelve
months from the date when the financial statements are authorised for issue.
12

Report of the Independent Auditors to the Members of
Bernie Grant Centre Partnership (Registered number: 04528346)
other infomiatlon
The trustees are responsible for the other information. The other information comprises the
information included in the Annual Report, other than the financial statements and our
Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other infomiation and, except to
the extent otherwise explicitly stated in our report, we do not express any form of assurance
conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent
with the financial statements or our knowledge obtained in the audit or otherwise appears to
be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the
financial statements or a material misstatement of the other information. If, based on the
work we have performed, we conclude that there is a material misstatement of this other
information, we are required to report that fact. We have nothing to report in this regard.
Oplnions on other matters prescrlbed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Report of the Trustees for the financial year for which the
financial statements are prepared is consistent with the financial statements; and
the Report of the Trustees has been prepared in accordance with applicable legal
requirements.
Matters on which we are required to report by exceptlon
In the light of the knowledge and understanding of the charitable company and its
environment obtained in the course of the audit, we have not identified material
misstatements in the Report of the Trustees.
We have nothing to report in respect of th& following matters where the Companies Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit
have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns;
or
certain disclosures of trustees, remuneration specified by law are not made" or
we have not received all the information and explanations we require for our audit; or
the trustees were not ents'tled to take advantage of the small companies exemption
from the requirement to prepare a Strategic Report or in preparing the Report of the
Trustees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are
also the directors of the charitable company for the purposes of company law) are
responsible for the preparation of the financial statements and for being satisfied that they
give a true and fair view, and for such internal control as the trustees determine is necessary
13

Report of the Independent Auditors to the Members of
Bernie Grant Centre Partnership (Registered number: 04528346)
to enable the preparation of financial statements that are free from material misstatement,
whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the
charitable company's ability to continue as a going concern, disclosing, as applicable,
matters related to going con￿rn and using the going concern basis of accounting unless the
trustees either intend to liquidate the charitable company or to cease operations. or have no
realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as
a whole are free from material misstatement, whether due to fraud or error, and to issue a
Report of the Indepandent Auditors that includes our opinion. Reasonabl8 assurance is a
high level of assurance, but is not a guarantee that an audit conducted in accordance with
ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could
reasonably be expected to influence the economic decisions of users taken on the basis of
these financial statements.
A further description of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This
description forms part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance
with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken
so that we might state to the charitable company's members those matters we are required
to state to them in an auditors, report and for no other purpose. To the fullest extent
pemitted by law, we do not accept or assume responsibility to anyona other than the
charitable company and the charitable company's members as a body, for our audit work, for
this repo¢ or for the opinions we have formed.
Matthew Dobbins FCA (Senior Ststutory Auditor)
Dunkley's
Chartered Accountants
Registered Auditors
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol BS32 4JY
Date:
14

Bernie Grant Centre Partnership
Statement of Financial Activities (incorporating the Income and Expenditure
Account) for the year to 31 March 2024
UnrÉstrlctèd
Funds
2024
R8strlcted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Income
Grants and donations
Hir8s, box office and catering
Ronlal and other income
Inv?5tsrenl incom8
433,762
251,599
127,002
37.579
298,835
732,597
251.599
127,002
37,579
453.863
199,181
157.592
38,170
Total Income
849,942
298,835
1,148,777
848,806
Expendlture
Charitable activitie9
864,608
828,179
1,492,687
1,302,863
Total expendlture
864,508
628,179
1,492,887
1,302,863
Net In¢ome l {expendlture) before
Investments galns I losses
(14.566)
1329,3441
1343,9101
(454.057)
Unrealised mov8m8nts on Invostmenls
114,743
114,743
149,9291
Nel Income I iexpendlture)
100,177
{329,3441
1229,167)
(503.988>
Transfers b•tw•an funds
195,7941
96,794
Net movemont In Funds
4,383
1233,5501
1229,1671
1503,9861
Re¢on¢lllatlon of funts
Total funds brought forward
{100,2231
11,137,781
11,037,538
11.541,524
Total funds carrled forward
195.840)
10.904,211
10,808,371
11,037,538
The statement of financial activities includes all galns and losses recognisod in thg p8r(od. Atl income and
oxponditure derives from continuing acts'vities.
Details of ¢omparativo figur8s by funds are disclosed in note 19.
15

Bernie Grant Centre Partnership
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed a55ets
Investments
10,878,601
1,334,259
12,212,860
11.128,781
1,269,516
12,398,277
Currerrt assets
Debtors
Cash at bank and In hand
162.759
65.432
133,749
92,419
228,191
226,168
Credltors: Amounts falllng due withln one year
10
(433.146)
(317,3731
Net current assets
(204,955)
(91,205)
Total assets less current Ilabllltes
12,007,905
12,307,072
Credltor6: Amounts falllng due after one year
{1,199,534)
11,289,534)
Net A66ets
10,808,371
11,037,538
Capital and reservo8
Restricted funds
Unrèstrictéd funds
10,904,211
195,840>
11.137,761
(100,2231
12
10,808,371
11,037,538
The financial statements have been prepared In accordan￿ with the special provisions of Part 15 of tha
Companies Act 2006 relatlng to small Companles and are for circulation to members of the company.
Th8 financial statemgnts were approved by the Trustees on 12 December 2024 and signed on their behalf
by:
Jonathan Rand
Trust88
Company number Q4528346
Is

Bernie Grant Centre Partnership
Statement of Cash Flows
for the year ended 31 March 2024
2024
2023
Net Income/(expenditure) for the reportlng period (as per the
Statement of Flnancial Activities)
(229,167)
(503,986)
Adjustments for:
Depreciation charges
Investment income
(Increaseydecrease In debtors
Increa8el{decrease) in creditors
(Gains)Il¢)sses on investments
287,790
(37,579)
(29,010)
45,773
(114,743)
284,993
(38.170)
(52.073)
(18,781)
49,929
Net cash provlded by (used in) operating aGtivities
(76,936)
(278,088)
Cash flows from investing activities
Investment Income recelved
Sale of investment assets
Purchase of fixed assets
37,579
50,000
{37,630)
38,170
(26,370)
Net Gash provided by (used in) investing activities
49,949
11.800
Net increasel(decraase) in cash and cash equivalents
<26,987)
{266,288)
Cash and cash equivalents al beginning of year
92,419
358,707
Cash and cash equivalents at end of year
65,432
92,419
17

Bernie Grant Centre Partnership
Notes to the accounts for the year to 31 March 2024
1 Principal a￿OUntIng pollcies
1.1 Basls of preparatlon olltnan¢lal Statements
These flnan￿al stalements have be8n F(opared undwthe lystorlGal ccst CC￿ventIon In armrd8nce wih ts S18tement of RecC￿￿￿nded PraGUc¢
forChailtle5 ISORP 20151 (Se￿nd Edition, èffectlve 1 January20191, UK accounttng st&ndards, induding'Financid Reporbng St8nthTd 102 Th8
Financial Reporting Standard applicab￿ in the UK and RBpubliGof Iieland, IFRS 1021 and Ihe CompaniesAc1200e. The charity meets the defiThilion
of a publK benerrt enltyund8rFRS 101
1.2 Oolng GonGer
The Truslee8 ¢onsld¥ thatlhe prepaTalknn of the a￿Ount$ on B gdng concern basks Is approprfate. Th? cha￿ty IsrtepEnd&nt upon grant Income,
wbld) 1$ sublectlo efjnslderable uncertainly. Howaver, th&Trustees ￿n￿deT Ihat the charitys a55et basB wNSd be suffKient (o provlde E8curtyto
e￿a￿e th&charity loobtain lo￿ fin￿ce tn the event Ih&l addluW￿ Ilquldltywa$ ￿quired to meet operating cash flows.
Receipt oftha Tham6$ Walwrental InC￿lle as a lump sum bas provl(led addllional cash resourGeB to fDnlinue operatlons as a
The Truslee8 ¢￿￿nuallYmOn1l0r Ihp fInanc￿l p051tson ofthe charitsbk tr)mp8ny satisfjèd that il ￿11 Conts"n￿ to b8 trj meèt tts ￿goIng
tiahlilès as theyfall due. The flnandal 61alem8nls do not InGlu¢& anyadJuJtmenls whith would BTise from its failure to rneet fole5￿18 and to
OPL4rdlL? wlhln Its apr••d finaTh￿ fadlltlès. The Tru8te88 bel8v8 Ihere ba no materfal uncertalntles abO￿t Ihe abAIty ofthe ¢harlty to ts)ntIn￿ aB a
uolng Concern.
1.3 Judgments and keysoUr￿5 of¢stIm￿1On uncgrtalnty
The prepardtion of financial st8tèm8nts In ¢ornpllance ￿ryIh FRS 102 re(WiT85 the us8 ole8rtaln ¢#llcal a¢countlng es￿Mate￿ It atso regulres
fflunngemenlto exerds8ludgrn8nt In applylng Charitys 8rx¥JunUng polld•s. The keYlUdgen￿tts Ihat h&vp been applied by m￿tr)ement relate
EwMrni¢ usgfu1 Ilfo oftanglbb fixed 0$8el$ thld) Is In th• d#¥￿}1￿0n ratès ap￿￿d and ar& dHGU5ÈtrJ In
Ce￿Lmting policy not& 1.8.
IiJwBnce fLYdoubtful rec81vable$. At each reporting dale, the Charitywalual88 Ihe r£￿eTabIlItY gftrode rgGefv8ble¥
and réeord allow8fje*b lor doubfful receiv8￿e$ ba66d on ttxpe￿en￿. These allowance8 are baB8d on, 8mngsl oth8r
things, a r￿n￿d￿ratIOn of aGlual wllLicliuii hiJtory. Tho actuyl level Df recdv8bles CL4teded maydlfferfrorn
esltmaled levels of recovary, whl¢h ¢Jouk1 Impmdoperating reBult8 P05iIIv8ly or r*gatlvdy.
1.4 Fund actountlng
GBIiL¥yI fuiidb UtL' unreslriGted fundswhlch are av8ilabl? for u8e at Ihs dEs¢r•tton ot th• bwsl••s In furth•rnnc• of th• g8n•MI ¢jbI￿lIV•S of th•
company and vh)Ich have not be￿ de￿gnated lor other puTro8es.
Reslrt¢tsd Nnd$ are tulld8 whlch are lo be ￿8￿ th aGcordance vdth 8pedflc re¥WGtionB impu%d bydcnoJ5 which have been rwsed bythe ¢xrnpwny
for particular purposes. The cost ofr8lslng and admIn￿eN￿ such funds we uh8rg8d au8ln81 th8 spedfio fund. The alm and use ofe8c* reslrtcted
fund l? ¥el cul In the notes lo the flnarKlal stal8m•nts.
1.5 In¢om•
All Inwm• 1$ Inejudid In Ih Statémtntof Financial ACIWIt￿&When th8 ￿Mpany￿s entllled lo thè Ineome, it IB
probable that IhE Incorne wll b8 rgcelv8d and It con be measured reliobly.
Lease Incom• from operntthg ￿1$•4 Is rèthgnl8ed on a str81oht lin8 bosisoveTth8 leaee terrn. VVh6re appqiGllble. leeso In￿ntiVeS are reca9nised
a6 8 reduGbon lo inwmp overth8 lease term on a stralght lino bsFIs.
tfiV8Btsnent Income relates to Inter88t and dhAdend eamingg from the ¢harlVs Invostm¢nt In th• COIF Ch8nii8s Investmert Fund 8dministered by
CCLA Fund Managers LSmlled (see fKle O bEI(Ml. The dlvidend l? recoonlsed 41 Ihe earllerof th• dat• when chartys Mght to
payrnenl i& é81ablish8d or the fjat6 of ¢ash re¢&pt.
1.6 Exp•ndllur•
All 8xp?ndJture is arMun18d for on an oGGruals b4Bis arKI hbs bBOll Indudod under ?xpqn5e Categc￿]e5 Ihat
aooiegate all c06Es forallocRtion to 8divilies. Where o)sts eannot be dlrecllyattributed io parbculaT pKUvllle¥
they hav• b•èn alloGattd on a baaiy conwstent wlh th8 use ol tha re$our¢e6.
Charflable expendIlu￿ ci)rnpTrses 8cbvtlkts Und8rfakenwh￿h ￿e dtre¢Uy¢dentifiablp aE wholty or malnly)n
support olthe Companls oblectl¥e8.
SuppDrt co81s fjre IhoBe coBtB that assl81 the w)rk of the ¢h8dty butéo notdiTecUy rewesenl tharftaNe pKI￿lIeS
ond Indude admlnlstratlon &tarrcost, offbtre aryl Inan¢e. ThelralIo¢a￿0n to activllies are basL￿ un floor area.
Qo¥ernance ccÉl88re lknse pnsls SncurRd In connecu¢￿￿th slJateui¢ adMin￿liat￿)n 8nd coTnNkno8vAlh
consittulJ'oTral and 51elutory requlrernent&
1.7 Op•railn9 lea$o$
RÈnlals spplicable to operatlng lèases whÈre subslantlHlly ￿the benefits Bnd riBk5 ofovmer8hlp remaSnvAth
the lesBorare chawed to the Siatement of Financlal AGllvWe5 a5 InGvrred.
18

Bernie Grant Centre Partnership
Notes to the accounts for the year to 31 March 2024
1.8 Tanglble Ilxed z95ets and dpprÈthation
1855EtS C06tino rnre than £1,OCI) are capKialt6Ed.
Costs Incurred to date in Ihe devel£yrneDt of the geinle Grant Arls Centre have b88n rAptidised a5 l¢W te
leaBehold wopertycosts and amoriised 52 years fr(m 1 O¢tober2013.
Depreclallon Is provided at rate5 cknulaled to wAt8 ottlh8 coytof fixed 8$8el$, less rth"r 88tirnatEd residual v81ue.
OV￿ thwr ex&EGted useful nvgs on tho fOIkTh￿ng bas85-.
Furnfture and fiitirvJ8, Techr&cal eqU￿rnent, Coryuter5- 25% sbmlght Ilne
Lor4 term leasehold properly- over 52 sears
1.9 Investmqnts
xed asset Inv8stmenl8 8re & fL￿ offinandal Instruments and Iniballyrecowlseij attheir Iransacion wst
and sub&equeTrtly measured at (w'rvalue allhe BalanGe Shgeldate, un19S8 lairvalue cannot be mea6Lwed rollatAy
Inwhlch cas? It b measured at ￿8t less Impalrment. Inveslmenl gair% @nd IoBseg, whelherreallsèd or unraalisod, are combthed and 8hty*n In the
headkng ￿￿S1110sBe8I on Investrnents. In Ihg stalBmentof fir￿TlE1[￿ 8CtFvlties lnwrp0￿th'ng inryjtne and expendllure aGwunL
1.10 Penslons
Tho ILWDPiiny operates 8 daflned ojntribulion pens￿ BGheme. conlrfbul1￿S paYa￿e foithe year8re charged In
the 8tstement ol Flnancld ActivilEs.
1.11 Flnan¢lal Instruments
The charity ha8 enty flnandal &ss8t8 and liakn1￿es of a kind Ihat quallfyas basic finHni¥al InstnJment& B8BIG Inancial instwments are Inttielty
fecognlsed attran5acts.on vdue arKJ 6ub8equenlly measured allh8ir Belllemenl
valuè.
1.12 Taxatlon
Tho C¢rnp8ny4s a iegl$leTed ¢harltyand18 rijl subleGt ID cofpoTation tsx on Its ourrenl aolNiIR&
2 Grants & donatlon$
2024
2023
Art8 Counoll
London B0mU￿ olHailnqey
Paul Hatn1yn FDun(latbn
Freelands F4undatlon
DCIIA I ChU￿h U￿sn Fund
Talaw8 Th88tre Company
Nalonal Youlh Theglre
The Foyle Foundallon
The F¢yJndalEon
Greater London Authority
Otrffjrgrants and donaUons
380,023
98,348
88,QOQ
80,000
40,000
22,474
72,474
184,933
68.990
120,000
40.QJO
18,000
9,040
12,9DD
1,278
732.597
453,863
Hires, box offl¢e and catering income
2024
2023
Hlres IneL)mts
8oxcifice reC￿lp1S
Cofé income
207.079
23.806
20,714
140,702
45,046
13,433
251.599
199.181
4 Rental and other Income
2C24
2023
EntetPli8e Lmit rentsl
Thames Walerrental
Carpamng space In￿Me
OlhBr
H￿b tAJllding ienlql
70,937
37,917
18,130
18
58,384
70,000
14,921
10,000
4,307
127,Q02
157,592
19

Bernie Grant Centre Partnership
Notes to the accounts for the year to 31 March 2024
5 ExpenditUTe
Unrestrl¢ted
fLbnd5
2024
Restrlet•d
funds
Ttstal
tund8
Vnr•strl¢t•d
funds
2023
Restrl¢ted
funds
Total
Jnds
2024
2Q24
2023
2023
Charltable adlvllhs
245.823
180,411
289.988
21.￿5
,214
25,762
42,669
211,824
288.677
281,1)37
156,173
333,657
233,329
288,861
14,783
184,847
1,492,687
122,206
177.167
254.345
50.721
74,967
49,987
4.945
110.e75
264.691
197.173
227,154
259.290
161.396
2B4,691
Consultants & freelance staff
Pr8mise8
Progrèmme
Depr8cL9Uon
Other dlreGt 008ts
8uFPJrt Costs
Total tha￿l•b* a¢tlvltl•$
14,783
161814
172 857
302
178 159
684.50
828,179
777,296
525.567
1.302,803
Total axpon¢Mtu
884￿0&
828,179
1,4Yd,187
777,296
025.5e7
1,302,￿3
Support eosts
Governan
fvnctlon
2024
G•n•ral
•upport
2024
Oov•mAn¢•
funetlon
2023
G•n•ral
support
202a
T¢tal
2024
Total
2023
8taff
ConBull8nt8
Le0FJI & prof￿10n81
A(¥Jll f•è
Olfice & lldminBlrafi'on
Mothellw
Olh8r
8.457
1,494
82.840
70.797
1,494
41,980
4,500
36.208
15,105
14,7a3
8,499
4,875
f IA73
43,873
12,022
69,97?
48,748
12,022
4,750
25,310
41,980
4.500
11.296
4,750
1,030
24.91
15,105
14,783
24,280
7,54CI
4,817
4.817
25.746
159,101
1e4,847
19,154
154,005
173,159
Support costs hpv8 been 811ocated Ss foll(yws,'
CharftaUe adlvilieB labovpl
184,847
173,159
184,847
173,159
6 Staff costs
2024
2023
Gr089wage$ and salafie8
Empl￿￿$ nalbnal thsurance
Emplo￿￿$ conlrbut
315,680
27,529
8,e76
239,765
21,321
7,059
351.834
207.145
The averdge numberof 8mplDy88s during the period w88
The averngehumber offvii time equIval￿tem1IOyee$ durfng the per￿d was
The total remuner8lon lor keymsnagemBntper8oMel was £05,DOD12022'. £60,OUOI.
The number Of slaNwhtsse emolumènts We￿ In excess of £60,OCQ during Ihg yeaiwere BBfoilowB'.
£eo,001 -£70,OOtl
2024
2023
staff costs have be￿ analysed as..
Chatitable aclivitE8
Support Gosts
281.037
70.797
197,1n
fj9,972
361,834
267,145

Bernie Grant Centre Partnership
Notes to the accounts for the year to 31 March 2024
7 Tangible fixed a$$et$
L¢ng4erm
lea$hold
propèrty
Furnlturo.
Ings and
•qulwiÈnt
Total
At 31 Marrji 2023
AddAIws
13.601,984
327,589
37,630
13.929.553
37.630
A131 ￿arch 2024
13,601,984
365.199
13,067,183
DwKi#tlon
At31 M8rch 2023
Charge forthe perfod
2,514.193
260,889
286,599
26.901
2,800.792
287,790
At31 M8rch 2024
2.775,052
313,500
3.088.582
Nèt Book VAIu•
Al 31 March 2024
10,826,902
11,087.791
51.699
10.878.601
At21 March 2D23
4D.970
11,128,761
8 Invostmont$.' Il$led 6ecurllle$
2024
2023
At 1 Aprfl
Capllal wllhdrawal
Revaluallon
1,2fj9,516
150,Oml
114,743
1,319,445
149,9291
At 31 MarCh-mefftelv￿ue
1.334,259
1,269,516
The charItyho￿8 85,300.51 Income wlts In th8 GOIF Ch8rltles Inv?slm8ntFutKI thinislered by CCLA Fund Man898r8 Limited.
At IhB 5tBrt of Iha year thB charlly had held 67.767.90 incorne uni15 in the fvnd. tkjrfng th8 year 2,457.39 uni16were Gold In orderto rx)nv6rt
£5￿,￿0 to worksng cHpital.
Debtors: amounts falllng dUe￿thIn one year
2024
2023
rrade deblot
Prepayments & awjerj Incom&
71,443
91,318
44.287
89,462
162,759
133.749
10 Creditors: amounts falllng duel￿thIn on6 ygar
2024
2023
Trad& credltors
Dprel￿d incDme
Tayailon and 60clal Becurlty cost
ArLrual$
OthBr rxedllDTS
72,912
53,e16
87,430
195,900
23,288
28.706
92,561
95,075
76.750
24,261
4￿,146
311,373
Summory01 mowmonts In year on deferred Irtcome
2024
2023
Balar￿? at 1 Apr
Released In year
Dats￿8d in year
92,561
I92,￿1)
53.616
113,212
1113,2121
2,561
Balancè at 81 Mar
53,6fj6
92.561
11 CTedltors: aTmUtkis falling due after one year
2￿24
2023
DEfetred incoMp-ThHrnesWal¥reDtsI Snwme (note 131
A¢cwed expen$e- LBH 50% $hare 0fTr￿e& Water ren181 incom8
599,767
599,Te7
834,767
634,767
1.199,534
1,269,￿4
21

Bernie Grant Centre Partnership
Notes to the accounts for the year to 31 March 2024
12 Movements In funds
014n¢• at
ot4pr.23
081￿{1058) on
Incom•
Spg
Tr&nsfqr•
31-Mar-24
Rt$trl¢t*d Funds
Hxed A86ets
ACE Gapltal
Hi Cultu
Tottenham Literatwe Festiv81
w1ndn￿h
Spac& to Dream
Refilwe
8arinu6
11,12a,761
1287,79UI
168,9771
144,082)
(24.fj031
157,0181
160,397)
(82.9101
12.993)
37,630
14,È481
I0,8T8,￿l
73,023
44,082
1,428
53,757
80.000
46,548
23.175
3261
19,e03
38,373
9,000
6.￿7
fjt.137,761
298.835
1628,1791
95,794
10,904,211
Unr88trtcted funds
General funds
1100.2231
849.942
18e4,SOB)
I￿.794)
114.743
195.8401
1100,2231
B49.942
18e4.5081
195,7941
114.743
195,8401
Total lunds
11.037188
1,148,777
11A9I1871
114,743
10,808.371
Fund
FIXLYI A85et8
Pyr
This fund rapr888nt81he n6t book vame offflxed ossets. When 6￿h 4ssets are ptsrch8aed Ihe COBI
Is transleired Int¢ the fixed asset¥ fund, ar￿ future depreclaltcn Is Gharged to the fund. Th18
tr8Blm8nt ensuresthe charity8elB asbde the fund6 llBeded lo cover lulure depreciation which
wauld othe￿iS8 be a dran on un￿trIcted funds kn yoats ahead.
7hls fund prO￿ded muth nBeded inv8stmeThl in ourpr8mi585 Bnd 8￿end￿VIe In year InGluded re.
corpelino lh8 mezzanlne In ourThealre buldlng and Installlny B new publio 8ddreB8 System,
ACE Ca￿tal
i Cullure
Restr￿ted funding r•c•fv8d from Hlstorfe England as part ￿ tht nallcfiwldè Hlgh Stroè15 Heritage
Acuon Zone81'Hlgh Sliepl prograrnrn8 deslgned to secur8 las￿ng SmprovomeDts to h18kn1c
high strÉf*l$ forthe ¢ommunill¢s them. The funding was rex.IvL.d 88 a 8ub*ranl8e of the
London BDrough of HHrfngey.
Fundlng for thE Tottenham Lllerary Festfv
Fundlng for thpWindru5h fe511val.
Fundlng from The Freeland8 Foundall¢n lo sUPPQrt a rolllng progr¥rnmeol performan¢e art and
xhlbttlons at the Cenlre.
Totlenharn LIteratu￿ Fp51ival
WindruBh
SPH￿ lo DrevJn
Refilw8
Fund8 r8ceiv￿ fr￿ Talawa & Nalonal Youth Theatre toward the Ch￿¥6 of RefiME
newtake on Rapunzol for yaungwawJlen¢8$ and the chartty8 flr6t c￿gInal 6tage Fyoduolton qince
g￿nIng NPO status In 2023.
A gronl to C￿lUnd the Gharitys inveFtrnenl in ￿dUr4ng origlnd thstIB materfal & prograrnmes.
Bathg8
22

Bemie Grant Centre Partnership
Notes to the accounts for the year to 31 March 2024
Balancé at
01-Apr42
O•lnlllo8sJ on
Inveslments
Balan¢• at
In¢om¢
Spend
Tran$fÈr8
Restrlcted Funds
Fkned Assets
ACE Eknvat?
ACE JuNee
AGE Capltal
18 Milllon Mlnds
HI Cultur8
TDllenham Uterature Festlval
Wlndrush
11,￿7,394
130,5271
1284.g931
119.4731
110,0001
163,8961
117,6631
147,2471
159.7431
117.5521
16.0001
19,0001
26.370
11,128,761
50,OOD
10.OOCI
76,9TK
9,040
38,990
47,958
788
6,ODO
1¥,000
123.0811
8,623
8.25T
11.787
18,764
Bait45
11,3n,n7
257.T51
1525,6671
31.840
11,137,761
Unr•8trleted funds
GeT￿ra1 funds
107,787
591,05S
177T,2961
131,8401
149.9291
11002231
187.787
591,Q5S
(777,2961
131,8401
149.9291
11QO,2231
Total fund5
11,041,1124
844800
11,302,883)
149,9291
11.037.638
13 Thames Water rental Income
On 7 July 2017. Bernle GT8nl Centre Pathershlp slgned a 25 years lease wilh Thame8 Water Ut}l￿e$ ijmiled for Ihe extractkn olwaterlmm ts borehde
atan amual rental of £70,000. the wtlon of Ihe rolled-up rental belng pald 85 a Iurnp Sum. This oplky) was exerclsod on 1 Decernber 2017. The
rwlal due in the next flnanclal year16 shown under crertlt0￿ due in IESS thlln one year Imle 10 abov81 znd Ihe balane¢ Is 8hovm und8r cr8ditoJs the in
fflvre than one year (nots 11 obovel,
Undera Il¢ence ogreprnenl dated 4 July2017, Lcndon Borough of Harinware enlmed to 50% 01 IfA rental In¢)Jme from 2D22. twttn October2021 th16
wa$ amended when LBH agr88d lo waiv8 Iheirenlillementto Ihls Ir*4me unlll May 2D23.
14 operatlng lease commltments
2024
2023
Arnounls recelvable
Wilhln one year
a&￿e¢D on& and fivg y8prB
4,250
4,250
15 Related party transactlon
Haringpy Councll Is a memberof Bernle Gwl Centre P￿￿￿h[p IBGCPI. Dudnulhe th8 Counoil rnade grants to Iho charftyo1£98,34812023..
£68,990). Amounts ow8d by Eh8 charity to Ihe councll are dtsL4o$ed In note 13.
CEOIAtbstls Dlreclor Ateb Pool1B al80 o ￿rectOr ofThp London International Festlval ofTheatr8 Llrnited who renloffi¢• Spa￿ trom th• Charftyln one or
the ¢entre's EnterprtS8 Units. Tha rent 18£425 pluB VAT p¢m. The amount of £420 w8$ txjlslandmg al year end.
18 Transactlons wlth Trustses
The Gharttydld not payto ilB trustees &nytetnuneralon dthrtyJ the p8rbd 12022.. £nll and did notr&mburs& anytrusle8 expen82s12022: £nlll.
17 Debenture and charges
The CharityCDrntnl86kn hy$ opproved an Order aulhori3inB Pernie PartrErshlp Its enler Into ¢harges and debeniure8 in favouiof ltsfunders to
provlde Securftyforthe repawnentofgr¥Jtfunding in Ihe eventof such furyjiw be¢om*g repay8blÈ, in wtK>le ￿ In part, underthe term5 of the wanl. a$
A debeNture In favourof The Mlllennium Commission dated 13 September 20fk5, over the f￿h￿d and lea5eho]d Interests In
propgrty hpld by8ecp.
A fixed le9￿ ¢harge ofthe Bwnie GrBnt Centre propertyatclyde Road and Town Hall Apwoa¢h Rood byway of agreement
dalBd 23 Dece[nb￿ 2Q04 in favour ofthe LoTh1on D8V8lopm8ntAgenoy.
The funder5 havè agreed that these charge8 rank equally.
23

Bernie Grant Centre Partnership
Notes to the accounts for the year to 31 March 2024
18 Analysis of net assets be￿e¢n funds
Uttr•gtrleled
Restrlctsd
Funds
Totalfunds
2024
Ftxed a$sels
Current aS5BI6
(>erlitors.' amount5 falling due wtthln one
Credilor8.' arnoun15 falllng affer or* ￿ar
1,SY,259
202.581
1433,1481
11,199.5341
10.B78,601
2S.610
12,212.860
228.191
1433,1461
11.199,5341
Nètassets at 31 IA8rch 2024
6,840
10,904,211
10
Oa,3TI
Unrestrlcled
Fund•
R•strfctod
rotsifundJ
2023
Xod a¥set$
Ojrtent a68ets
Credltors.. amounts fBlling due within one ye8r
Credftors.. amount5 f￿ling due afier one year
1,2eg,516
217,108
1317,3731
11,289.5341
11.128,761
g,o(h)
12J98.277
226,188
1317.3731
11,269,534)
P4•t a$sets at 31 Marctt 2023
100,223
11137 781
qI,037,638
19 Comparativg Statemfrnts of Financial Activitie5
Unregtrlcted
Fund2
2023
Restrlded
Fund•
2028
Total
Fund
2023
Incomè
Grnnts ar￿ don8￿9￿$
Hlr8s. box offlcè and cat¢rlng
Réntal and oth•r Incom•
Invgstrngnt Incom•
198,112
199,181
157,592
38.170
267.751
453,883
199,181
IS7.S92
38,170
Tot•1 Income
591,055
257.751
848,808
ExpendStur•
CharStablg QCtivltle8
777,296
525.587
1.302,863
Tol¥l expendilure
777.298
S25.587
1,302,8S3
Net Income I lexpendilurel before investments
1186,2411
1267,8161
1454.0571
Llnreallséd mDv•rnènts on InvèstM•nts
149,9291
149,9291
Net Income I lexpendlture)
1236.1701
1267,8161
1503.98el
Tr4Mfer$ betw•en funds
131,B401
31,840
Nèt mov•m•nt In Funds
268.010
235,978
503.986
Reconcillatlon of funds
Total funds broughlforwaTd
167.787
11,373,737
11.S41.524
Total funds carrled forward
100 223
11,137761
11037538