REGISTERED COMPANY NUMBER: 05421272 (Eiigland and Wales) REGISTERED CHAIUTY NUMBER.. 1116680 ort of tlie Trustees and Unaudited Financial Ststenients for the Year Ended 31 March 2025 for Reach Inclusive Arts Chris Vaughaii Accountants 195 Ermin Sireel Swindon Wilishire SN3 4NA
Reacl) Incliisive Arts 01)tent5 of tlie Financial Stalements for thè Year Ended 31 March 2025 Page Report of the Trustees Independent Exaininerfs Report Stateinent of Financial Activilies Balance Sheel Notes to the Financial Sialemenls 9 10 15 Detailed Slalein¢iit of Financial Activities 16
Reach Inclusive Arts ort of the Trustees ror the Year Ended 31 March 2025 The In]stees who are also directors of the charity foi. tlie purposes of the Companies Act 2006, present their report witl) the financial statements of Ihe cliarity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Siatement of Recomiiietkded Practice applicable to charities preparing their accounts in accordance willi the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (effe¢live l January 2019). OBJECTIVES AND AcTlTIEs Policies and objecttves The principle object of ihe Charity is to educate and assist people of all ages who have learning difficuliies, physical disabilities, sensory disabilities, people who iise mental health services and others disadvantaged in society by developing their physical. so¢ial.spiritual, menlal and artistic potential, so Ihat they may grow and develop as individuals and iiienibers of their communitie5, and that their quality of life may improve. In fijrtherance of the above, the chftrily aims to provide, in Swindon and Wiltshire, facilities to experience art Ihrough niusic. drama, dance,film and visual art5 to create opportunities for personal and professional developnient. Significant activities Parlners Th¢atre Company (PTC) PTC is a touring performance ¢oiiipany of up lo 20 adults who have a range of disabilities and additional needs. For over 20 years. PTC has been entertaining audiences with original di'aiiia that encapsulates Ilieir unique take on life and the many issues tl)at this raises. particularly for those who have disabilities or additional needs. For many years wrc has been synonymous with louring higli quality, high production value, original drama to large aiidiences throughout the local area. In addition to public pei'forn)ances, they lour to Special Education Needs and Disabilities (SEND) Schools, volunlary sector organisalions, local charities and private companie5. Tlieir perfoiThances are relatable, fun and thought provoking. The weekly sessions are facililaled by professional drama praclilioners who develop the confideiice and skills of participaiils. In a niirturing environment up lo 20 participants challenge tliemselves, enliancing their theatre skills and producing drama tl)at Ih¢y are proud of. This engageinent enables them to be any character they want. create their own story and grow as individuals. Right Time for Art A well-attended weekly Art group benefitting up to 20 adulis with a diverse range of disabilities, additional needs and disadvantages. The groiip meets at the Wyvern Theatre and is supported by a professional artist, staff and volunteeis. Accessing a wide range of art projects participanls develop their skills, ¢nabliiig thein to reach Iheir own individual goals. For most participants tliis is tlie only activity that they do each week, and they flourish in this supportive, creative environment, often trying new and iniiovative art. Therapeutic benefit is derived through shared artistic endeavours which develop pliysical, social, cognitive and artistic potential improving participants levels of confidence, self-esteem and wellbeing. Arl is created for personal enjoyment and also lo support other RIA projects with the ci'eation of stage sets, logo's, programmes and publicity. The group regularly exhibits their own work, affinning acliievements and inspiring oihers. Neon Lights Beginning in September 2024 Neon Lights provides a range of innovative and engagii)g opportunilies for young disabled or disadvantsged people, aged 16-25. to experience theatre, perforniance and drama. Weekly session5 are facilttated by young leaders and professional stair who enable young people to develop their drama skills, express their creativity and have n. Neon Lights regularly perform their work to their peers, parents and carers with the group potentially offering the opportunity for young people lo become part of larger touring productions of original drama through Parlners Theatre Company. Pvblie benefit The Trustees have paid due regard lo the Charity Commission's gui ance on public benefit in deciding what activities the Charity should undertake. The Twstees consider that they have acted in the public benefit and have diseharged their responsibilities a¢¢ordingly. Stlficant activities outlined above are designed to meet the charity's public benefit obligations.
R¢ach Inclusive Arts ort of the Trustees for the Year Ended 31 March 2025 ACHIEVEMENT AND PERFORMANCE CharitAble attivities For over 40 years Reach Inclusive Arts (RIA) l)as been the only local charity providing a vai'iety of artistic opportunities for people, of all ages. who have disabilities or additional needs in Swindon and surrounding county of Wiltshire. Maiiy of our participants have learning disabilities, physical disabilities. mental health issues, sensory impaimient and may experience social disadvantages such as loneliness and isolalioii. The charity aims to leave the lasting sense of acceptance for disadvantaged people through the arts, exhibition and perfomiance. Tl)roughout the year RIA crellles opportuiiities for people to take part in draiiia, rehearse, perforn), provide backstage support, crehte, paint, draw. exhibit, tour and showcase how talenl¢d"Ihey are. IUA prides itself on developing creative talent5, oft¢n with people who've never l)ad tliat experience before. Quality is paramount with projects llY supported by staff aiid led by professional directors, artists and perfonners so that participanls can grow and develop their skills, producing artistic work they ar¢ proud of and want lo share with others. What our participants produce is powerful and inspirational, raising awnreness of the issues faced by disabled and di5advaiitaged people and shining the light on their talenls, skills and capabilities. Projects Partners Theatre Company (PTC) Tlie PTC main focus for the year was preparing for their tour of an original draina, 'To The Edge of The World,, wl)ich was scheduled for the autuinn. Tl)is was a liuge leaming curve for the staff team at RIA, as none had beeii involved in a tour before. Ui)der the expert guidance of Director Kei'ry Boorman, RIA planned a lengtliy rehearsal period to ensure that Ilie casl had adequate time lo leani Ilie complexities of Iheir lines, scenes aiid costume changes and also embrace the dynamic of working with supporting professional actors. The standard of the production that emerged wa5 incredible. The quality of the perforniance was reflected by audiences including schools, cominunity groups, other charities and the public. A key development Ihis year was having 2 Brilisli Sign Language fully signed perfom)ances. The ii)Ipact of this was Inagical, enabling us lo be n)ore inclusive lo both our cast. parlicipanls and audiences alike. The ii)teraclion between a cast member and a priinary aged student, from a school that supports deaf children, was a very special moment. In a week PTC toured in 8 venues, delivering 9 performances lo over 500 people. In tlie last quarter of the year the focus for PTC has been on reviewing Ihe groups niodel, aims and objectives, recruiliiig new meinbers and prepariiig ideas for the future. Working wilh our work experience stud¢nts. from a local Special Education Needs and Disabilities (SEND) school, we Iiave evolved their role to provide regular volLJnleering to support PTC. PTC were supported through grant5 and donations from Arts Council England, Columbia Tl)r¢adneedle, Rix Thompson Rothenburg and Hilliers Right Time for Art The weekly sessions offered up lo 20 people the opportunity to develop their artistic skills and lalents. 'In Reach, was an impactful project at the start of the year. A collaboration of portrait art, an exhibition of the work of our paiticipants and professional artist5, adorned the walls of the Wyvem Theatre for 10 months. Ai the launch event a palpable sense of pride was felt as members of the public adinired the artwork. Thousands of people would have seen the artwork when visiting Ihe theatre and the positive comments reflect Ihe creativity, quality and impact that this exhibition created. We coiitinue to raise awareness of dementia through art focuss¢d projects during Dementia Awareness Week. Tote bags were created and sold raising funds for both local dementia support and RIA. In July we were delighted Ihat the art group was SueSsful in their appli¢alion to Awards for All Nalional Lottery fijnding lo support the group for 2 years. This funding is instrumental in not only supporting the group but in enabling the group to thrive. The length of funding offers security where art projects can b¢ fully planned allowiiig for ideas for the future come to fruition.
Reach Inclusive Arts ort of the Trustees for the Year Ended 31 March 2025 A further collaboration with 'Steam' created the group's artistic take on Ihe Caerphilly train. From a site visit and photographic images captured by a volunteer, 'Caerphilly Does It, capttires individual elements of the train drawn and realed by each group Iiiember. The overall effect is breathtaking. This artwork will be exhibited at 'Steam' next year as part of eelebratiiig 200 years of the Modern Railways. Cltristmas offered the opportunity to connect with local care homes by sending hand crafted ¢ards to residents. This small a¢1 of kindness has ignited a fi'iendship that will lead lo other developments in tl)e future. The Art Group has been expertly led by Billy Beaumont and 1]Y siipporled by 3 aiiiazing volunteers. Our grateful thanks to the National Lotlery Awards for All, AMMCO and private donations for their financial support during the year Neon Lig]ils The culinination of inonihs of preparation by the working group resulied in Neon LItS Youth Drama group being laiinched in September. This exciting venture has led us into uncharted waters. Setting up a project from scratch has enabled us to iinplemenl an inclusive model where the group is led by a working group that includes staff members, the new role of 'young leaders,. twstees and pixctilioners. This has offered us tlie opportunity to explore new concepts, be flexible according lo need, develop ways of working and deliver a much needed, unique project for up to 15 young people who have disabilitie5 and disadvantages. Group menibers have benefitted from the guidance of differenl practitioners, exploring concepts, slage craft and creatiiig great draina. Fundiiig from the Blagrave Trust has fully supported this projecl and offered us the opportunity lo pul young people eenlre stage in every aspect of the group's managenienl and delivery. Blagrave Trust network of peer support to staff has also been hugely welcoine. Organisation Development This year has ¢oiilinued our pledge to not only maintain the projects and Services that RIA 15 synonymous with but to also begin lo develop what we offer. Developments included the launcl) of our new website, a focus on niarkeling, Iruslee recruilment, contract reviews, slriiigenl finan¢ial and busin¢ss planning and re-evaliiating our risks. RIA recognised tl)at we have Ilie oppoitunity lo 'Develop Oiir Reach, and wilh fi]nding from Arts Council England (ACE) we entered a phase of researcliiiig and developing RIA for the fiÈtttre. Work commei)ced al pace in Janiiary where we have examined every aspecl of the organisalion, our mission and values, how we operate, the projects we deliver and the opporlunities that we l)ave. We have made great progress on a whole raft of infrastructure woi'k, identifying areas of weakness, recognising what we do well and ensuring that we have robust organisalional foundalions to biiild on for the future. We started to consider oiir niodels of practice. how we run projects and how we ensure the voice of participants is at the cenlre of everything we do. We have welcoined i)ew trustees lo support our work bringing key skills and experience to our governance. This work will continue into the next financial year eiithusiastically supported by staff, trustees. participants and coDtra¢tors. Volunteers We have received a great deal of support iii kind and this year through support in our regular weekly, groups, pro bono help and expertise and at specific events. Volui)teers add so much to our organisation and we are exli'eniely grateful to each and every person who supports us. FINANCIAL REVIEW Financial position . Financially this was a year of recovery for RtA. Our plani)ed d¢fifjit for last year meant that financial stability was now crucial. Finances have been scrutinised, monitored and fundraising planned, resulting li) a healthy position as the organisalion goes forward wilh a surplus of £4131. This is a remarkable achievement and we appreciate every single organisation that understands our impact and potential and has invested in us. We conslanily experience how cliallei)ging maintaining good financial health is and this is fvrther compromised by the new5, after over 3 decades of funding, of the withdi'awal of core funding from Swindon Borough Council for the next financial year. RIA has a great Irack record in securing funding froiii a diverse range of nders, bul the lack of core funding is an extra challenge and risk Ihal we will have lo tnanage.
Reach Inclusive Arts ort of the Trustees for Ilie Year Ended 31 March 2025 FINANCIAL REVIEW Reserves policy It is the policy of the charity to maintain unrestricted funds, which are the free r¢5erves of the charity, al a level that equales lo not less than six months unrestricted expenditure. This provide5 sufficient funds to cover managenient, administration and support costs. At 31 st March 2025, unrestricted reserves were £44.549, which represents jLisI over six nionths of projected core expei)diture for 202516 FUTURE PLANS ACE Research and Developinent fi]nding will be instrumental in preparing RIA for the fijture. Following the framework of Charities Essential Toolkit we will review everything Il)at we do as an organisation, recogi)ising our streiigihs, celebrating what w¢ do well and planning for change where tl)ere are gaps or the opportunity to do things differently. We will contiiiue lo run our impaciful projecls, taking participants with us as we adapt. Listening lo their view5 IS essential to the success of this and we look forward to developing their influential role within Il)e organisalion through leadership and Anibassador role5. Tliis coming year is one of understanding, leaming, tnainlaining wliat works well, slrenglhening so thal we can evolve and enibracing opportunities. Continuing lo biiild relationships wilh other organisations not only adds vibrancy to what we do but is essei)tial lo the success of our work. We Iiave plans to increase our connections with both local and regional oi'gaiiisalions, exploring collaboration and joint working. STRucfuRE, GOVERNANCE AND MANAGEMENT Governiiig document The charity was incorporated as a company limited by guarantee on I I Ih April 2005, operates under Meinorandum and Articles of Association dated 1211] June 2017, and is a registered cl)arity. The Inembers of the cliarilable coinpany guarantee lo contribute an amount not exceeding £1 to the assets of the charitable conipany in the evenl of winding up. Recruitment and appointment of neiv trustees The trustees have a wide range of experience covering business, eduealion, IT, healtli and the community sector. If the trustees identify a major gap in their corporale skillset, Ilien a process is agreed for recruiting a new Iruslee with appropriate abilities. Potential Iruslees are identified as persoiis who are interested iii tlie charity. offering the key skills needed. OrganisAtional stylleture The cliaritable con)pany is ultimately controlled by Ihe Board of Directors and Twstees which delegate5 responsibility for the charity's manageiiienl to the Operations Manager ai?d the Arts Project Coordinator. Tlie staff are appointed by the Board of Tn]stees and are accountable to them. Tlie staff are responsible for line Inanagenieiit of volui)teers and freelance conlraclors. The Operations Mattager attends Ineetings of Il)e Board of Trustees and Directors in an ex officio capacity. The Chair of the Board is elected every year. Induction and training of new trustees Following n period of being co-opted to the Iruslee board, new trustees are voted on at Ilie Annual General Meeting, and receive any necessary training. Trustees meet at least on a quarterly basis, where Iliey receive key reports relating to the charity's artistic projecls, finance and general management. Iruslees also attend projects and events throughout the year. I FERENCE AND ADMINISTRATIVE DETAILS Registered Company number 05421272 (England and Wales) Registered Charity nuniber 1116680 Registered office Wyvern Theatre Tl)eatre Square Swindon Wiltshire SNI IQN
Reach Inclusive Arts ort of the Trustees for the Year Ended 31 March 2025 Trustees M Hammond (Treasurer) S Marley A Bhaumik J Robatl)an Company Secretary J Robathan Independent Examiner Chris Vauglian Accountants 95 Eimin Street Swindon Wiltshire SN3 4NA Approved by order of the board of trustees on 4 August 2025 and signed on its behalf by- J Robathan - Ti'ustee
Inde endent Examiner's Re Reach Inclusive Arts ort to the Trustees of Ivdependent examiiier's report to the trustees of Reach Inclusive Arts ('the Company,) report lo the charity trustees on my examination of tl)e accounts of the Coiiipany for the year ended 31 March 2025. Responsibilities aild basis of report As the charity's Iruslees of Il)e Compaiiy (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 {'tlie 2006 Act,). Having satisfied myself that tlie accounts of the Company are nol required to be audited under P2rt 16 of tlie 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 {'Ihe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 201 l Act. Independent examiner's 5tatemeDt I have completed Iiiy examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were nol kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounls do not accord with those records- or the accoltnls do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a lrne and fair view which is not a matter considered as part of an independent exaininalion. or the accounts have not been prepared in accordance with the methods and principle5 of the Sialement of Recointnended Practice for accounting and i'eporting by charities {applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Irelaiid (FRS 102)). I l)ave no concerns and have come across no other matter5 in conneclion with the ¢xainination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. e.UyL Christopher Vaughan Chris Vaughan Accoui)tanls 195 Ermin Street Swindon Wiltshire SN3 4NA 4 August 2025
Reacli Incllisive Arts Statement of Financi l Activities for the Year Ended 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricled fund Re5h'icled funds Notes INCOME AND ENDOWMENTS FROM Donations and legacie5 22,533 58,496 81,029 45,536 Other trading activities Investment income Other incon)e 1,201 688 1,292 290 1.491 688 4,122 754 103 2,919 2,830 Total 25,714 61,616 87,330 49,312 EXPENDITURE ON Cl)ari¢able activities Client proje¢ts 5,957 77,242 83.199 57,717 NEI T INCOMEI(EXPENDITURE) TraJisf¢rs between fullds 19.757 4,502 (15,626) (4,502) 4,131 (8.405) 12 Net movement in fuiids 24,259 (20.128) 4,131 (8.405) RECONCILIATION OF FUNDS Total funds brought forward 20,290 20,128 40,418 48,823 TOTAL FUNDS CARIUED FORWARD 44,549 44,549 40,418 The noles fomi part of these financial slalemenls
Reach Inclusive Arts Balance Sheet 31 March 2025 31.3.25 Total funds 31.3.24 Total nds Unreslrieted fund Restricted fuiids Notes CURRENT ASSETS Debtors Casli at bank and in hand 695 56,948 695 101,224 44,276 93,925 57,643 44,276 101,919 93.925 cDITORs An)ounls falling due within oiie year 10 (13.094) (44,276) (57,370) (53,507) NET CURRENT ASSETS 44,549 44,549 40,418 TOTAL ASSETS LESS CURRENT LIABILITIES 44,549 44,549 40,418 NET ASSEI TS 44,549 44.549 40,418 FUNDS Unrestricted funds Restricled funds 12 44,549 20,290 20,128 TOTAL FUNDS 44,549 40,418 Tl)e cliaritable company is entiiled lo exemption from audit uiider Seclion 477 of the Conipanies Acl 2006 for the year ended 31 Marcl) 2025. The members have not required the company to obtain an audit of ils financial slalenieiils for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The ISteeS acknowledge their responsibilities for (a) ensuring Il)at the charitable coi))pany keeps accounting records that coinply with Sections 386 And 387 of the Companies Act 2006 and preparing financial staleinents which give a true and fail. view of tl)e state of atTairs of tlie cl)arilable con)pany a5 al the end of each financial yeai. and of its surplus or deficit for each financial year in accordance with the requireiiiei)ts of Sections 394 aiid 395 and whi¢h othenvise coinply with the i'equirements of Ilie Companies Act 2006 relating lo financial statements, so far a5 applicable to the charitable coinpany. (b) These financial slateinenls have been prepared in accordance with the provisions applicable to charitable coinpanies subject to th¢ small companies regime. The financial slatenients were approved by tlle Board of Twstees and aulhorised for issue on 4 Augiisl 2025 and were signed on ils bel)alf by.. J Robaihan - Tru5t¢e The notes fom) part of these financial statements
R ach Inclusive Art5 Notes lo the Financial Sialemenls for the Year Ended 31 March 2025 ACCOUNTING POLICIES BASIS ofprepAring tlie finaJ)cial statements The financial stateiiients of the charitable company, which is a public beiiefil entity under FRS 102, have been prepared in accordance with the Charitie5 SORP (FRS 102) 'Accounling and Reporting by Chariti¢s.' Statement of Recominended Practice applicable lo cl)arities preparing Iheii. accouiils in accordance with the Financial Repoiting Standard applieable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Ftnancial Reporting Standard 102 'The Financial Repoiting Standard applicable in the UK aiid Republic of Ireland, and tlie Companies Act 2006. The financial 51alemenls have been prepared under the historical c05t convention. Ineome All incoiiie is recognised in the Siatemenl of Financial Activities once the charity has entillemenl to the fi]nds, it is probable Ihat the income will be r¢¢eived and the amount cai) be Ineasured i'eliably. Expenditure Liabilities are recogiiised as expendithre as soon as there is a legal or constructive obligation committing the charity to that expendilure, il is probable that a transfer of economic benefits will be required in settlement and the amounl of Ilie obligation cai) be measured reliably. Expenditure is accounted for on an accruals basis and lias been classified under headings that aggregate all cost related lo the category. Wliere costs cannot be directly attributed to particular heading5 they have been allocated lo activities on a basis consistenl with the use of resources. Tangible fixed as5els Depreciation is provided al the following annual rates in order to wrile off each asset over its egtimaled useful life. Plant aiid niachinery Fixtures and fittings 25 /0 011 cost 250/0 on cosl Taxalion The charity is exenipt from cory)oralion lax on ils charitable activities. Fund accounling Unrestricted funds can be used in accordance with ihe cliaritable objectives al Ilie discretion of the Irustees. Restricted fiinds can only be iised for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explinalion of the Iiature and purpose of each fund is inelltded in the notes lo the financial slalemenls. Hire pui'chase leasing commitmen¢s Rentals paid under operating leases are charged io ihe Stateiiient of Financial Activities on a straight line basis ov¢i' the period of Ihe lease. eontinued.-.
Reach Inclusive Arts Notes to Ilie Financial Slalements - ¢ontinued for the Year Ended 31 Marcli 2025 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Fundraising events 1,491 754 INVESTMENT INCOME 31.3.25 31.3.24 Deposit accoui)t interest 688 103 NET INCOMEI(EXPENDITURE) Net incomel(expendilure) is slated after charging](crediling): 31.3.25 31.3.24 Other operating leases 2,652 2,894 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other beiiefils for the year ¢iided 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses There were no tru5tees' expenses paid for Ihe year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS The average Inonthly number of employees during Ilie year was as follows: 31.3.25 31.3.24 Mai)agenienl No employees received eniolumenls in excess of £60.000. COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL ACTIVITIES Unrestricled fund Restricted funds Total fijnds INCOME AND ENDOWMENTS FROM Donalions and legacie5 25,851 19,685 45,536 Other Iradillg activities Investment income Other income 55 103 70 699 754 103 2,919 2,849 Total 26,079 23,233 49,312 EXPEIYDITURE O CharitAble activities Client projects 34,499 23,218 57.717 10 continued...
Reach Inclusive Arts Notes lo the Financial Statements- continued for the Year Ended 31 Mw'ch 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - conlinued Unrestricted Restricted fund funds Total funds NET INCOMEI{EXPENDITURE) (8,420) 1.250 15 (1,250) (8.405) Transfers behveen funds Net movement in funds (7,170) (1,235) (8,405) RECONCILIATION OF FUNDS Total funds brouglit forward 27,460 21,363 48.823 TOTAL FUNDS CARRIED FORWARD 20,290 20,128 40,418 TANGIBLE FIXED ASSETS Fixtures aiid fittings Plant and n)acliinery Totals COST At l April 2024 and 31 March 2025 2,439 24,380 26,819 DEPRECIATION At l April 2024 and 31 March 2025 2,439 24,380 26,819 NET BOOK VALUE At 31 March 2025 At 31 March 2024 Minor addiliolls to fixed assets (tliose costing less than £1 000) are not capitalised. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Trade debtors 695 continued...
Reach lllclusive Arts Notes to Ilie Financial Siateinents - continued for the Year Ended 31 Marcl) 2025 io. CREI DITORS: AMOUTr4TS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Bank loans and overdrafts (see note I l ) Trade creditors Social security and otlier taxes AccNals and deferred income 2,985 1,833 2,227 46,462 594 2,343 54,433 57,370 53,507 ii. LOANS An analysi5 of the maturity of loans is given below.. 31.3.25 31.3.24 Ai))oui)Is falling diie within one year on demand.. Bank overdi'afts 2,985 12. MOVEMII NT IN FUNDS Net niovemenl in funds Trai)sfers between fijnds Ai 31.3.25 At 1.4.24 Unrestricted funds General fund 20,290 19,757 4.502 44,549 Restricted fund5 Parlners Tl)eati'e Coiiipany Right Time foi. Art Big Hal Cabaret Traiisitions Drama Group (Neon Lights) 14,312 (2,985) 741 8,060 (13,810) 2,985 (741) (4.060) (502) (4,000) 20,128 (15.626) (4,502) TOTAL FUNDS 40,418 4,131 44,549 12 continued...
Reach Inclusive Art5 Notes lo Ilie Financial Stalemenls- continlied for the Year Ended 31 March 2025 12. MOVEMENT IN FUNDS- continued Net movement in fund5, included in the above are as follow5- Incoming resources Resources expended Movement in funds Uni'estricted funds General fund 25,714 (5,957) 19.757 Restricted funds Partners Theatre Company Right Time for Art Big Hal Cabaret Transilions Diama Group (Neon Lights) Developnient Abi 22,748 9.507 (36,558) (6,522} (741) (21,766) (9.780) (1,875) (13,810) 2,985 (741) (4,060) 17,706 9,780 1,875 61,616 (77,242) (15.626) TOTAL FUNDS 87,330 (83,199) 4.131 ComparAtives for movenienl in funds Net movement in ndS Transfer5 between funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 27,460 (8,420) 1,250 20,290 Restricted funds Partners Theatre Company Righi Time for Art Big Hat Cabaret Trai)sitions Drama Group (Neon Lights} 20,951 412 (4,839) (3,947) 741 8,060 (1.800) 550 14,312 (2,985) 741 8.060 21,363 15 (1.250) 20.128 TOTAL FUNDS 48,823 (8,405) 40.418 13 contii)ued...
Reacli Inclusive Arts Note5 to tlie Financial Staleinenls- continued for the Year Ended 31 M¢17 2025 12. MOVEMENT IN FUNDS - eontinued Coinparalive net movement in funds, included in the above are as follows: Incoming resources Resource5 expended Movement in fiinds Uiirestricted funds General nd 26,079 {34,499) (8.420) Restricted funds Partners Theatre Coinpany Right Tiine for Art Big Hat Cabaret Transitions Drama Group (Neon Lights) 7,127 2,945 4,786 8,375 (11,966) (6.892) (4,045) (315) (4.839) (3,947) 741 8,060 23,233 (23,218) 15 TOTAL FUNDS 49.312 (57,717) (8,405) A current year12 months and prior year 12 Inoi)ths combined position is as follows.. Net moveinent in funds Traiisfers between fuiids Ai 31.3.25 At 1.4.23 Unrestrieted funds General fund 27.460 11,337 5.752 44,549 Reslricled funds Partners Theatre Company Right Time for Art Transitions Drama Group (Neoii Lights) 20,951 412 (18,649) (962) 4,000 (2,302) 550 (4,000) 21,363 (15.611) (5,752) TOTAL FUNDS 48,823 (4,274) 44.549 14 continued...
Reach Inclusive Arts Notes to the Financial Sialements - continued for the Year Ended 31 March 2025 12. MOVEMENT IN FUNDS- continued A ¢iliTent year 12 months and prior year 12 months combined net movement in nds, included in Ihe above are as follows.. Incoming resources Resources expended Moveinent in funds Unrestricted luDd$ General fund 51.793 (40.456) 11.337 Restricted funds Partnei's Theatre Company Right Time for Art Big Hat Cabaret Transitions Drama Group (Neon Lighis) Development Abi 29,875 12,452 4,786 26,081 9,780 1,875 (48,524) (13,414) (4,786) (22,081) (9,780) (1,875) (18,649) (962) 4,000 84,849 {100,460) (15,611) TOTAL FUNDS 136,642 (140,916) (4,274) 13. RELATED PARTY DISCLOSURES There were no related party Iransacti0115 for the year ended 31 March 2025. 14. RESTRICTED FUNDS The charity's restricted fvnds are as follows- Paitners Theatre Company Funded by grants froiii Arts Council England, The Commiinity Foundation for Swindon and Wilisliire. Midcounties Co-op, The National Lottery, Rix Thompson Roihenberg and St James Place. Furtlier funds are generated from session fees from Inen)bers and tour venue fees. Righi Time for Art Funded by granls from Tl)e Conimlinity Foundation for Swindon and Wilisliire,and Ammco Charitable TrLisI suppoiling a weekly arl group for people with disxbililies and addilioiial n¢eds. Further thnds are generated from session fees from meinbers. selling art work.. Neon Lights Funded by Blagrave Trust and Columbia Tlireadneedle supporting the development of a new weekly youth drama group for disabled and disadvantaged young people aged 16-25. Big Hat Cabaret Funded Ihrougl) l)istoric ¢onsorlium fitnding. Over 100 perfonners, from 10 organisations, provide a vibrant, engaging and uplifting suminels evening of drama, singing, dancing. fun and inspiralioii. Development Grant provided by the Arts Council Lottery Project covering core costs lo look al. and develop. tlie charity. Abi Project Grant provided by ihe Tony Long Fund contribuling lo core costs supporting people with Cerebral palsy and brain injury within a ten-mile radius of Central Swindon. 15
Reach Inclusive Arts Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND EIYDOWMENTS Donations 4nd legacies Donations Grants 16,925 64.104 15,238 30.298 81,029 45,536 Other trading activities Fundraising events 1,491 754 Inveslment income Deposit accouiil iiiterest 688 103 Other income Fees Other income 3,861 261 2,869 50 4,122 2.919 Total incoming resources 87.330 49,312 EXPENDITUR Charitable aetivilies Suiidries Project expenses Training and recruilmenl Repairs ai)d maintenance 3,777 24.727 1,263 14.526 225 4,635 33,139 16,014 Support costs Management Wages Other operating leases Insurance Office and Adminislralion Professional fees 44.100 2,652 857 1,400 36,407 2,894 765 790 409 49,009 41,265 FinAnce Bank charges 75 60 Goverllance costs Accountancy 976 378 Total resources expended 83,199 57.717 Net ineome/(expenditure) 4,131 (8.405) This page does not fonn part of the statutory financial statements 16