OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Ignite Imaginations

2025-06-30-accounts

Company Number: 05803846 Registered Charity Number: 1116631

Ignite Imaginations Ltd

Annual report and unaudited financial statements

For the 15 month period ended 30 June 2025

==> picture [183 x 79] intentionally omitted <==

----- Start of picture text -----
|
>
c=a4
z AEBY6HKR
me AIG 14/08/2025 #156
COMPANIES HOUSE /
----- End of picture text -----

Ignite Imaginations Ltd Contents

Page
Legal and administrative information 1
Trustees’ annual report 2-12
Independent Examiner's report 13
Statement offinancial activities 14
Balance sheet . 15
Notestotheaccounts 16-19

Ignite Imaginations Ltd Legal and administrative information For the 15 month period ended 30 June 2025

Trustees

Justin Banks Chair Jane Shields Laurie Harvey Alice Hockey Corrine Moss Elizabeth Noble Helen Todd

Previous known as

Art in the Park (Sheffield)

Key management Luisa Golob Chief Executive Officer (Maternity leave April 2024 — January 2025) Carolyn Usher Chief Executive Officer (Maternity cover)

Registered Charity Number 1116631

Registered Company Number 05803846

Registered Address % Sharrow Community Forum Old Junior School South View Road Sheffield $7 1DB

Accountants Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH

.

1

Ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025 \

The trustees are pleased to present their annual directors’ report for the 15 month period ended 30 June 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and the 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) issued in October 2019.

Structure, governance and management

The organisation is a charitable company limited by guarantee. The company, company number 05803846, charity number, 1116631, was established under a Memorandum of Association that established the objects and powers of the charitable company and is governed under its Articles of Association, registered as a company on 3 May 2006, and amended on 2 November 2010. The company was registered as a charity on 3 November 2006.

The organisation's finances and policies are administered by the trustees and implemented by the staff.

The Board of Trustees shall consist of no less than 3 people, and meet at least 3 times a year, including an Annual General Meeting. At least 3 Trustees must be present at a meeting. Decisions by the trustees are made by consensus.

New Trustees are recruited annually at the organisation’s AGM. The new members are given the information they need, with a full induction, including copies of the Constitution and policies and procedures.

The Board are actively looking to appoint new Trustees to supplement the skills and local connections of the remaining trustees.

In the event of the company being wound up its members are each required to contribute an amount not exceeding £1.

Objectives and aims

The charity is an arts charity based in Sheffield. We want every person in Sheffield to have equitable access and opportunity to participate in visual arts experiences, which builds confidence, pride and reduces social isolation. Our mission is to inspire and nurture an artistic community. Through local partnerships we provide free and excellent opportunities to participate in visual arts experiences to underserved communities in Sheffield. We celebrate creativity and connections.

The charitable objectives are:

2

Ignite Imaginations Ltd

Trustees’ annual report For the 15 month period ended 30 June 2025

Objectives and aims (continued)

;

Our Aims:

  1. Creating opportunities for people to develop their creativity and imaginative skills. 2. Working with people and communities use the power of arts, creativity and imagination to address the health, educational, social and other community needs that matter to them.

  2. Bringing inspirational artistic and cultural activity to people and places that might otherwise miss out. 4. Celebrating and supporting Sheffield creative talent in all its diversity and helping find opportunities for new makers and creatives in our communities.

Public benefit

ignite Imaginations run workshops and events that support local people to learn new skills, gain confidence, and feel part of their community. We work with all ages and backgrounds, across Sheffield and surrounding areas and aim for our delivery to be in those places where there is little provision or opportunity to engage creatively.

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Summary of main achievements during the period

The 2024-25 year has been a very challenging period for Ignite. There have beena lot of staff changes and the funding environment became tougher than ever for the organisation. Following a series of large bids being turned down, it was eventually decided, after much discussion and consultation, to begin the wind down process and close the organisation at the end of this financial year.

This has obviously been a sad and very challenging time for staff. However we are proud that we have been able to continue our work and see the year through, ending on a positive note and leaving a strong legacy.

Overall:

3

Ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025

Summary of main achievements during the period (continued)

Adopt a Care Home

Supported by The National Fairground and Circus Archive we have been able to run a final 18 sessions of our Adopt a Care Home project. This is an intergenerational creative project bringing primary school children and care home residents together to share artistic experiences. The workshops in this round of sessions will all have a circus/fairground theme which is a wonderful topic to explore for both children and adults, using colours, images, music and even smells helping to spark memories of visiting the circus or fairground.

In this iteration we worked with three care homes and three primary schools. Netheredge Primary School and Grange Crescent Care Home, High Hazel Primary and Housesteads Care Home and Netherthorpe Primary School and Burnt Tree Croft Care Home.

As part of the project, we delivered 18 workshops to approximately 90 school children and 30 residents. Workshops covered a mixture of visual arts and dance/ movement workshops which encouraged connections between residents and children. Artists, teachers and care home staff reflected that the residents and children had developed their arts and crafts and creative skills, as well as softer skills such as communication, confidence, team-work and emotional intelligence through the shared intergenerational learning.

Adopt a Care Home is one of our flagship programmes, enabling unexpected friendships that result in increased confidence and wellbeing, as well as children who are increasingly knowledgeable and comfortable being with people living with dementia.

“Two of the children were working closely with one of the care home residents. She was asking them to help her with the collage and they were chatting together. It was a lovely collaboration. All the children participated well in the activity and were kind and responsive to the care home residents.” (Rosie, Artist)

With the majority of our remaining funds Sheff Care will continue our Adopt a Care Home project, working with local primary schools and care homes to deliver creative activities together.

Arts Award Bents Green School

Also funded by the National Fairground and Circus Archive, we have been running a series of workshops with Bents Green School to support the children (all of whom have Special Educational Needs) to achieve their Arts Award.

The programme is working with 2 groups of 12 students, who will explore the theme of ‘what it means to be different’, inspired by the topic of circus/fairground history, through a range of media. Sessions will include using clay, exploring graffiti art, printing and photography. In total we are running 10 sessions (5 per group).

Following these sessions, the archive will host the school at Western Bank Library in July 2025 for an exhibition of the work created.

4

Ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025

Summary of main achievements during the period (continued)

Sheffield Food Festival

This year we were commissioned by Swans Events (who coordinated Sheffield Food Festival in May 24) to deliver a range of workshops linked to the event, both in the run up to and during the weekend itself.

We ran 4 ‘pre-engagement’ workshops in the community in the run up to the festival weekend which had a ‘tea party’ theme. Participants were encouraged to share memories about their family traditions, parties, sayings etc related to food. The workshops created a range of pieces to showcase these traditions or memories which were then hung/displayed in the tent at the festival itself.

During the festival weekend, Ignite had a tent in the Peace Gardens which was decorated by our artist using the pieces created in the community workshops. We then ran a drop-in activity for 4 hours on each dayofthe festival with participants decorating their own tea cup which could either be displayed or taken home. It is estimated that around 100 people took part in the drop-in activity over each day ofthe festival.

“Some participants that did the pre festival workshop came to look at their work decorating the tent and take part in the activity. Both adults and children took part in the activity and several family groups. Many more adults took part than with similar activities | have done before including adult groups of friends and couples without children. There was a great sense of community and pride in what they made.

Participants that did the pre festival workshop were very proud to see their work displayed and loved the activity on the day too. People stayed a long time and said they'd really enjoyed it and asked questions about where we'd got the materials so they could try something similar at home. Many people commented on how lovely the tent looked and how cosy the tent was. Having most of the sides down made it feel like a place where you could sit and relax and take part unhurriedly.” (Jordanna, artist)

Recycled Art

This was a small project commissioned by local councillors in the South West Area of the city. This is not a part of the city Ignite usually works in but the project was a good way of working with SEN and/or Free School Meal children in other areas.

The project aimed to work with groups of children from Westways Primary, Ecclesall Primary, Dore Primary and St Maries Primary schools to create a large piece of artwork made from collected, non-recycled and re-cyclable items within the school. The final pieces of art work were then displayed in the school.

Eat Your Words - Festival of the Mind

As part of the Festival of the Mind we worked alongside University of Sheffield academic, Meredith Warren. This project was inspired by Dr Warren’s work on how food and memory connect.

A series of art workshops took place with older adults in the community which focused on their feelings and memories around food. Workshops took place with a diverse group of participants from Roshni, Parsons Cross Forum, City of Sanctuary and SheffCare. Participants learned about Warren’s research and incorporated it into art reflecting their own experiences with food, meals, and the sense of taste. The artworks created reflect artists’ associations with food--whether memories of favourite foods from back home, another country, or another stage of life.

;

5

Ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025

Summary of main achievements during the period (continued)

Following the community workshops, we hosted an interactive exhibit showcasing the art created and inviting public reflection on memories and feelings on food and tradition, community, and personal experiences. The exhibition was held at Persistence Works in September 25.

“It was a good chance for people to come together and share memories of a meal they had experienced that was important to them. This was a way to connect with people and feel closer to them. It was also good for them to work on something collaborative, an embroidered tablecloth which was displayed in an exhibition at Yorkshire artspace.” Artist

Walkley Lantern Parade

Sadly the annual Autumn Lantern Parade was unable to go ahead at Sharrow this year, due to major building work being undertaken by Sharrow Community Forum. However, we were approached by Zest and Walkley and Langsett Community Association to run a smaller lantern festival for residents on the Langsett Estate.

We ran 2 community workshops in the run up to the event with local school children who attend Homework Club and Youth Club at Zest. These were well attended with children making their own lanterns to bring on the parade. 25-30 people took part in each session.

The main parade took place on the 29th November with an estimated 100 people taking part and many more seeing it from their homes or on the street as we passed by.

The event was very well received and the Association (who provided the funding) hope to run it as an annual event, as part of their aim to provide more community events on the estate. -

“The participants said how lovely the event had been at the end and a number of parents said how much their . children had enjoyed it - we had very full workshops so there was a lots of interest. The faces of the children showed how much it had impacted their mood. It was a lovely community atmosphere so social connection was definitely enhanced.” Susannah, Community Project Lead at Zest.

General Cemetery Workshops - Halloween & Xmas

Over Halloween (October half term) and Christmas, we ran 5 workshops at the General Cemetery funded by Sheffield City Council as part of their education and engagement work. The aim was to help people connect with the cemetery and see it as a place to visit. Activities were themed around the season and used the history and features of the cemetery as inspiration.

Approximately 70 people took part in the sessions overall.

“The project got children outdoors, and allowed them to learn new skills and work alongside their families. All aspects to promote their wellbeing... Families worked together and collaborated, to make their puppets. By working together on a creative activity it allowed bonds to become stronger and it also gave families the opportunity to spend quality time together. They could use the puppets at home to make up their own stories and put on their own puppet shows. So the wellbeing and fun continued after the workshop” Lois, Artist.

.

6

Ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025

Summary of main achievements during the period (continued)

HMDT 80 Candles

Sheffield City Council commissioned us to run a short series of community workshops and create a candleholder for the Holocaust Memorial Day 80 Candles project. The main aim is to produce a candleholder which will be part of a national, digital exhibition commemorating 80 years since the liberation of Auschwitz. The Sheffield candleholder has since been displayed at Cutlers Hail.

The council were keen to run community workshops in which representative groups would work with the artist creating the main candleholder, providing them with an opportunity to input their ideas to the final design. 2 workshops took place with invited participants (approx 16 people) at Sharrow Community Forum. These proved challenging in terms of recruitment (which was led by SCC), managing peoples expectations and the conversations within the groups which came at a challenging time given recent events.

However, these challenges were to be expected and overall the council was pleased with the work produced.

Sheffield Community Makers

Sheffield Community Makers was a project delivered in partnership with Voluntary Action Sheffield (VAS) with the ambition to improve the creative volunteering opportunities in Sheffield. It began in 2022 and completed in May 2024. A network of 26 arts and community organisations (hosts/ steering group members) from across the city, have worked together, listening to each other and developing a collective offer in order to increase the number of high quality volunteer roles, supported by robust and shared good practice.

Host organisations include Broomhall Centre, City of Sanctuary, Sheffield Music School, Site Gallery and Stand and Be Counted. Hosts reasons for joining the programme included: “to try and increase the opportunity for more creative volunteers within our sector [Football]”. “We wanted our volunteers to have the opportunity of linking up with other volunteers ...and other Sheffield organisations.” “To help us recruit volunteers for specific roles and to gain some insight and support around best practice when hosting volunteers.”

Roles recruited included ‘Arts and Crafts Volunteer’ and ‘Sewing volunteers’ to Manor and Castle Development Trust, ‘Craft volunteer’ at Broomhall Centre, ‘Ward Activities volunteer’ at Sheffield Teaching Hospitals and multiple volunteers joined the Creative Community at Ignite Imaginations. Sheffield Museums and Site Gallery were also very popular with their Front of House roles and Community Events volunteers.

In total the programme engaged 134 volunteers:

7

Ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025

Summary of main achievements during the period (continued)

The Conference

We held our final annual conference on 27th February 25, which aimed to celebrate Ignite’s achievements and pass on a legacy to other organisations. The day was titled: “Finding New Paths: Resilience and Entrepreneurial Thinking in the Arts and was dedicated to fostering resilience, entrepreneurial thinking, and innovation within the arts sector.

At this free full day event, over 70 attendees heard from local speakers who understood the challenges small arts organisations and charities are facing including: Linda Blomfield from Rivelin Co who set the context of the day with a talk entitled A Culture Funding Crisis: What's Happening, Why, and What's Next. Jodie Marshall from A Mind Apart and Mantle, drew on her own journey and experiences, exploring how we can harness the power of our creativity within the day-to-day running of our business. Marina Larios from Inova Education & Training Ltd gave a practical session on “Understanding the Neuroscience behind Spotting Opportunities”. Talks were followed by a Q&A and a ‘World Cafe’ style session with a range of discussions and activities led by speakers and volunteers.

“The conference was a stimulating way to begin the wind up and did indeed demonstrate how to be resilient and how to come back stronger!” Quote from participant. “/ just wanted to send a quick email to say thank you for today’s event—it was incredibly insightful and full of useful, inspiring information for creative businesses. It’s clear how much impact Ignite Imaginations has had over the past 20 years, and today’s event was a real testament to all the amazing work you’ve led.” Quote from participant.

“| just wanted to say a big thank you for today, | really enjoyed it and was honoured to be a part of it.” Quote from a speaker.

Everyday Stories

We continued to run our Everyday Stories workshops, though on a smaller scale to previous years. This year we worked with Sheffield Parent Carer Forum to deliver 3 Everyday Stories workshops over the summer holidays and 2 in the October half term. These were funded by Sheffield Parent Carer Forum’s Small Grants fund and Cutlers Trust.

The workshops (which lasted 1 % hours each) were facilitated by excellent artists delivering multiple artforms including colour blocking, clay and woodwork, making nature sun catchers, mono-printing and making autumn jar lanterns. Sheffield Parent Carer Forum specifically works with parents and carers of children living with special educational needs and learning disabilities. These workshops were developed for parent carers and children to attend together (along with Peer Support Workers), with the aim of supporting parents to understand and appreciate how art and creative practices can support themselves and their families. They were as much about supporting the wellbeing of carers and helping them to form strong support networks, as they were about providing the children with a creative activity.

The sessions needed to be booked in advance and take up was excellent with all sessions selling out. In total 81 people booked on to these sessions (33 families).

“Parents of disabled children always tell us that it is very hard to find SEND-friendly activities during the school holidays. They say they love coming to these sessions and that their children not only really enjoy them, but that they learn new skills, too. Simply getting together with other families experiencing similar challenges can make parents and children feel less isolated.” SPCF staff member.

8

Ignite Imaginations Ltd

Trustees’ annual report

For the 15 month period ended 30 June 2025

Summary of main achievements during the period (continued)

Holiday Activities and Food (HAF) Programme

This year we provided HAF provision over both the Easter and summer holidays.

14 workshops were provided over the Easter holidays working with 4 school partners across the city.

Over the Summer Holidays of 2024, we delivered 51 workshops, reaching between 15-50 children and young people in each session. We worked with 10 partners; primarily schools but also Firvale Community Hub, Roshni and Jamia Masjid Mosque. The workshops ran in many areas including Shiregreen, Burngreave, Lowfield and Sharrow.

The workshops were led by 16 different artists and included a variety of quality visual arts activities including collage, printmaking, sculpture, mandalas, textiles and more. The workshops were supported by a team of excellent assistants.

Summer Holiday Activity

We ran a number of stand alone workshops over the 2024 summer holidays with a range of partners, including:

Art for All @ Parson Cross Initiative

Funded by SOAR and Bramhall Foundation and in partnership with Parson Cross Initiative (PXI), we led 39 Art for All sessions with a mixed gender group of participants this financial year. The sessions are held weekly with the aim of providing a regular activity aimed at adults at Mount Tabor Church.

Feedback from the partner is that the sessions have been a great success, creating a calmer, gentler space within Mount Tabor. ;

Sharing Our Stories

Funded by Awards for All and Talbot Trust and in partnership with Family Voice, a local community organisation based at the Common Ground Community Centre in Nether Edge, we have been running weekly art workshops and creative opportunities to women who are in need ofthe space, time and opportunity to share their stories with peers. The project began in February 2024 and supported 27 women over 35 sessions over a 12 month period. The final session took place on Sth February 2025 and an exhibition of some of the work produced was held at the community centre on Friday 7th February.

9

ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025

Summary of main achievements during the period (continued)

The project continued the relationship we have built with Family Voice and relationships with the women who were originally involved in our Circle of Life project. With engaging activities facilitated by an Ignite artist and assistant with support from Family Voice, the women used creativity and art to express themselves and their stories through a series of personal artworks as well as working together to produce joint works. Our artistfacilitators also supported participants to take the lead in mini-sessions to share their knowledge of crafts from their countries of origin with the group. :

“Being the teacher madeF feel incredibly proud and built up her self-esteem. She started immediately improving the finesse of her own crochet work. She has gone on to get supportfrom Family Voice to set up her own business selling her crocheted products! It has given her a real positive activity and focus in her life, that helps to support her emotionally and financially. This project has been crucial in herjourney.” Quote from staff member at Family Voice.

Staff and Board

This year we continued working remotely as a team, with weekly or fortnightly ‘in person’ team meetings held at The Workstation and regular check-ins during supervisions via Slack. The Trustees approved an annual Cost of Living increase in April 2024 for the staff at 2%. The year has been a challenging one financially as has been recognised above and this has of course, had an impact on staffing with a number of changes taking place throughout the year:

Luisa Golob (CEO) took maternity leave at the end of the previous financial year and her cover, Carolyn Usher, took up the role from 20th May 2024.

Emma Waslin took the decision to leave Ignite at the end of May 24 to move to a new role.

Also at the end of May, the board made the decision to make the Marketing Officer role redundant, due to increasing pressure on finances. As a result Lisa Price finished working with Ignite in July 24, following due process.

In July 2024 Vicki Roiley began her maternity leave. Recruitment for her cover began in April 2024 and Liza Figueroa-Clarke began working with us on the 1st July 24, initially on a 4 month contract which was extended until 31st December 24.

Finally, Katie Smith also made the decision to take a new role at another organisation in August 2024. However, Katie has stayed on in her administrator role on 1 day per week, to support the CEO.

We therefore end the year with a CEO on 24 hours a week and administrator on 8 hours a week. These roles were made redundant as at 31 March 2025 along with the Project Coordinator role.

During this financial year, the board has remained the same. We continued to try and recruit a Treasurer with financial expertise in the earlier part of the year but this was not successful and following the decision to wind down, we decided not to pursue this further.

10

Ignite Imaginations Ltd Trustees’ annual report For the 15 month period ended 30 June 2025

Financial Review

Income for the period amounted to £82,771 (2024: £154,246) of which £40,389 (2024: £82,696) was for restricted purposes. We have gone into further details of our delivery and the main funders in the section above “Summary of main achievements during the period” and in notes 2 and 3 of the accounts.

Expenditure was £148,632 including final payments due (2023: £210,005) with £52,800 (2023: £103,154) spent out of the restricted funds.

Closure of the charity

As noted above, it was decided to close the operations of the charity by 31 March 2025. All activities had ceased by then, and only various administrative details remained to be completed. There were a small amount of administrative costs and salary costs for incurred after this date.

The remaining funds of[the][charity][will][be][paid][to][ArtWorks][South][Yorkshire,][a][charity][with][similar][objects][to][our] own. This balance is expected to be no less than £500.

Once the final distribution has been made, the board will start the procedure of winding down the charity with the charity Commission and Companies House.

Trustees’ responsibilities in relation to the financial statements

The charity trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing a Trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

11

.

ignite Imaginations Ltd

Trustees’ annual report

For the 15 month period ended 30 June 2025

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

The trustees declare that they have approved the trustees’ report (including directors’ report) above on 6 August 2025.

Signed on behalf of the charity’s trustees:

Justin Banks Chair of Trustees

.

12

Independent examiner’s report to the directors of Ignite Imaginations Ltd (‘the Company’)

| report to the charity trustees on my examination of the accounts of the Company for the 15 month period ended 30 June 2025.

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, | 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 | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement — matter of concern identified | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not 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 part of an independent examination; or

  4. 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 102).

As noted in the Trustee report the charity ceased activity on 31 March 2025 with formal closure following once all legal obligations have been met. The charity is not a going concern.

| have no other concerns and have come across no other matters in 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.

S Lightfoot

Sarah Lightfoot, FCA DChA

Seven Hills Accountants Limited

57 Burton Street Sheffield S6 2HH

13 August 2025

13

.

.

Ignite Imaginations Ltd

Statement of financial activities

==> picture [1 x 2] intentionally omitted <==

----- Start of picture text -----
;
----- End of picture text -----

(incorporating the income and expenditure account) for the 15 month period ended 30 June 2025

==> picture [472 x 357] intentionally omitted <==

----- Start of picture text -----
|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|2025|Unrestricted|Restricted|2024| |funds|funds|Total|funds|funds|Total| |Notes|£|.|€£|£|£|£|£| |Income|from:| |Donations|1,495|-|1,495|1,800|-|1,800| |Charitable|activities|2|40,887|40,389|81,276|69,750|82,696|152,446| |Total|income|42,382|40,389|82,771|71,550|82,696|154,246| |Expenditure|on:| |Charitable|activities| |Direct|project|costs|(including|freelance|project|staffing)|29,665|38,384|68,049|49,788|§7,511|107,299| |Core|staff|costs|3|61,897|9,695|71,592|48,420|40,939|89,359| |Other|staff|costs|106|104|210|370|314|684| |Office|costs|1,675|1,004|2,679|2,679|1,846|4,525| |Legal|and|professional|fees|1,961|3,613|5,574|5,594|2,544|8,138| |Final|funds|transfer|12|528|-|528|-|-|-| |Total|expenditure|95,832|52,800|148,632|106,851|103,154|210,005| |Net income/(expenditure)|(53,450)|(12,411)|(65,861)|(35,301)|.|(20,458)|(55,759)| |Transfer|between|funds|9|(348)|348|-|-|-|-| |Net movement|in funds|(53,798)|(12,063)|(65,861)|(35,301)|(20,458)|(55,759)| |Reconciliation|of funds:| |Total|funds|brought|forward|53,798|12,063|65,861|89,099|32,521|121,620| |Total|funds|carried forward|-|:|-|53,798|12,063|65,861|

----- End of picture text -----

All of the charitable company's operations are classed as continuing.

The statement offinancial activities includes all gains and losses recognised in the year.

14

Ignite Imaginations Ltd

Balance Sheet

As at 30 June 2025

As at 30 June 2025
2025 2024
Notes £ £
Current assets
Debtors 6 - 3,510
Cash at bank and in hand 6,367 64,635
Total current assets 6,367 68,145
Creditors: amounts fallingdue within one year 7 (6,367) (2,284)
Net current assets - 65,861
Total assets less current liabilities - 65,861
Creditors: amounts fallingdue afterone year - -
Total net assets - 65,861
Represented By
FUNDS
Unrestricted income fund - 53,798
Restricted income funds 9 - 12,063
Total charityfunds 10 - 65,861
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006
relatingtosmallcompanies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director's acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Approved by the board on 6 August 2025.

e on its behalf i: Justin Banks Chair of Trustees

15

Ignite Imaginations Ltd

Notes to the Accounts for the 15 month period ended 30 June 2025

1 Accounting Policies (a) ~—_ Basis of preparation ignite Imaginations Ltd is a charitable company in the United Kingdom limited by guarantee. In the event that the charity is wound up the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the company information on page 1 of these financial statements.

;

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (second edition), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and with the Charities Act 2011. The financial statements have taken advantage of the exemption to prepare a Statement of Cash Flows.

The charity meets the definition of a public benefit entity as defined under FRS102. The financial statements are presented in sterling which is the functional currency of the charity and are rounded to the nearest £1.

(b) Income Income is recognised in the SOFA when the charity has entitlement to the funds, any performance conditions attached to the monies have been met, the receipt of the income is probable and its amount can be reliably measured.

Donations are recognised as income on receipt in the year it becomes due.

Income from local government and other 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.

Investment income is included when receivable.

(c) Expenditure and liabilities Expenditure is recognised where an there is a legal or constructive obligation to pay a third party, it is probable that settlement will be required and the amount of the obligation can be reliably measured. All expenditure is reported gross of irrecoverable VAT.

(d} Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Any assets purchased below £500 are written off at the time of purchase. Depreciation is provided at rates calculated to write off cost of those assets , less their residual value, over their expected useful lives on the following basis: Fixtures and fittings 25% Computer equipment 33% ; (e) Trade debtors Trade debtors are amounts due from customers for services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of receivables. (f) | Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. :

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

:

(h) Fund accounting Unrestricted funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.

Restricted funds are either donations which the donor has specified are to be solely used for particular areas of the charity's work or grant income sought for specified activities.

(i) Defined contribution pension scheme

The charity contributes to a defined contribution pension scheme for the benefit of the employees. The pension costs charged against net incoming resources are the contributions payable to the scheme in respect of the accounting period in accordance with FRS102.

16

Ignite Imaginations Ltd Notes to the Accounts (continued)

.

for the 15 month period ended 30 June 2025

1 Accounting Policies - continued (j) Operating lease rentals Rentals under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term.

(k) = Taxation

As a charity, the organisation is exempt from tax on income and gains falling within the available tax exemptions to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

(I) Going concern A noted in the Directors' report, the Charity has ceased activity and accordingly, the financial statements have not been prepared on the going concern basis. The Trustees consider there to be no difference between the valuation on a going concern basis and valuation on dissolution.

2 Income from charitable activities
Unrestricted Restricted 2025 —_-Unrestricted Restricted 2024
Funds Funds Total Funds Funds Total
£ £ £ £ £ £
Grants
ArtsCouncil England - SheffieldCommunityMakers - 12,045 12,045 - 54,000 $4,000
HM Burdall Charity - - : - 1,000 1,000
Westfield Health - - - - 2,000 2,000
UnitedWay - : - - 1,500 1,500
The Cutler'sCompanyCharitable Trust - - - - 750 750
NLCF Awards for All - - - - 9,946 9,946
Astor Foundation - - - - 1,000 1,000
Garfield Western Foundation - - - - 7,500 7,500
Sheffield City Council - - - - 2,000 2,000
The Talbot Trusts - - - : 3,000 3,000
Services 40,887 28,344 69,231 69,750 - 69,750
40,887 40,389 81,276 69,750 82,696 152,446
3 Staffcosts
2025 2024
£ £
Salaries 56,302 87,252
Employer's NI 3,818 5,054
Employer's allowance (3,818) (5,000)
Employer's pension contributions 1,975 2,053
Redundancy 13,315 -
71,592 89,359
Averagenumber ofemployees 6 6
No employee received emolumentsofmore than £60,000 in eitheryear.
4 Independent examination andfees payable tothe independent examiner'sorganisation
2025 2024
£ £
Independent examination fee 930 930
Other fees were payable tothe independent examiner's organisation were:
Grant audit 930 -
Otherservices : 423 270
1,353 270

17

Ignite Imaginations Ltd

.

5 Trustees and key management remuneration, benefits and expenses

The trustees were not paid or received any other benefits from employment with the charity in the year (2024: Enil) ,neither were they reimbursed expenses during the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).

Key management comprises the trustees and Chief Executive Officer (which includes CEO maternity cover this year) during the year. Total key management personnel remuneration benefits in the year was £44,003 (2024: £28,437) including redundancy pay.

6 Debtors 2025 2024
£ £
Trade debtors . 3,510
: 3,510
7 Creditors: amounts fallingduewithin oneyear
2025 2024
Note £ £
Trade creditors 5,105 409
Accruals 528 1,283
Other taxes and social security 734 592
Deferred income 8 - -
6,367 2,284
8 Deferred income
2025 2024
£ £
Brought forward - 8,000
Deferred in the year - (8,000)
9 Restricted funds
Balance Balance
; b/fwd Income Expenditure Transfers c/fwd
£ £ £ £ £
Sheffield Community Makers (537) 12,045 (11,508) - -
Sharing Our Stories 8,172 - (8,172) - -
Adopt a care home 4,428 - (4,428) - -
Holiday Activities with Food Grant - 28,344 (28,692) 348 -
12,063 40,389 (52,800) 348 :

Sheffield Community Makers

We are working with other arts and community organisations to create a network of partners that work towards making creative volunteering opportunities better in Sheffield.

Sharing Our Stories

Bringing creativity and art to women at Family Voice so they can express themselves and their stories through a series of artworks. Adopt a care home

Adopt a care home Adopt a care home Adopt a care home Adopt a care home
A project aiming to reduce isolation and loneliness byconnecting participants through creative activities.
Holiday Activities with Food Grant :
Easterand Summer holiday activities provided for Sheffield CityCouncil. Thetransfer representsthe contribution of unrestricted project income.
Prioryearcomparison Balance : Balance ©
b/fwd income Expenditure Transfers c/fwd
£ £ £ £ £
BBCChildren inNeed: The EverydayStoriesproject 6,720 : (6,720) - -
SheffieldCommunityMakers 21,421 61,500 (83,458) - (537)
Hospice UK : Hospice UKDying Matters Community Grant 2,380 - (2,380) - -
Sharing OurStories - 12,946 (4,774) - 8,172
Adoptacarehome 2,000 8,250 (5,822) - 4,428
32,521 82,696 (103,154) - 12,063

18

Ignite Imaginations Ltd

Notes to the Accounts (continued) for the 15 month period ended 30 June 2025

10 = Split of net assets by fund

Split of net assetsof net assetsnet assets Split of net assetsof net assetsnet assetsassets by fundfund
Unrestricted Restricted 2025 Unrestricted Restricted 2024
Funds Funds Total Funds Funds Total
£ £ £ £ £ £
Current assets 6,367 - 6,367 56,082 12,063 68,145
Current liabilities (6,367) - (6,367) (2,284) - (2,284)
: - - 53,798 12,063 65,861

The final funds of the charity are going to be paid to ArtWorks South Yorkshire.

19