Company registration number: 05462708
Charity registration number: 1119396
Lewisham Education Arts Network (LEAN)
{A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
Fleld Sullivan Llmited
9 Hare & Billet
Blackheath
SE3 ORB

Lewisham Education Arts Network (LEAN)
Contents
Reference and Administrative Detai15
Trustees, Report
2to8
Independent Examiner's Report
9tolO
Ststement of Financial Activities
li
Balance Sheet
12
Notes to the Financial Statements
13to25

Lewlsham Education Arts Network (LEAN)
Reference and Admlnistrative Detsils
Chalrman
Veronica Jobbins MBE
Secretary
Veronica Sarmiento
Trustees
Sheree-marie Abraham
Jessica Austin-Burdett
Anna Croall
Helena Emmanuel
Veronica Jobbins MBE
Julia Mirkin
Dearbhaile Nairn
Jason Page
Veronica Sarmiento
Beatrice Semple
James Thomas
Emma Webster
Charlty Registration Number
1119396
Company Re8iStratlon Number
05462708
The charity is incorporated in England and Wales.
The Albany
Douglas Way
London
SE8 4AG
Reglstered Office
Independent Examiner
Field Sullivan Limited
9 Hare & Billet
Blackheath
SE3 ORB
Bankers
HSBC Bank plc
85 Lewisham Hl8h Street
London
SE13 6BE
P38e I

Lewisham Education Arts Network (LEAN)
Trustees, Report
The trustees, who are directors for the purposes of company law, present the annual report together with the
financial statements and auditors, report of the charitable company for the year ended 31 March 2025.
OBJEcfivES AND ACTIVITIES
LEAN, established in 2000, has much to be proud of in achievin8 its primary ambltlon and purpose as an arts
and cultural education support organisation, championlng arts learning for children and young people across
Lewisham through promoting the growth of creative partnership worklng,
Leading the local cultural education partnership, LEAN initiate5, alone, and frequently In partnership, an
extensive range of projects, seNices and activities empowering and inspiring our members to collaborate
through the development of active networks, brokered support and facilitating collaborative worklng.
The trustees confi'rm that they have complied with the requirements of section 17 of the Charitie5 Act 2011 to
have due regard to the public benefit guidance published by the Charity Commisslon for England and Wales.
PROGRAMME OF WORK 2024- 2025
We are very pleased to report that LEAN continues to receive fundin8 from Lewlsham Council'5 Main Grants
Programme, Originally secured for the 3 years 2022-2025, this funding was extended last year to March 2026,
which 15 a significant endorsement of LEAN'S impact within the borough.
l.Strategic Sector Development
LEAN was invited by Lewisham Council to convene the steering group for Lewi5ham Cultural Education
Partnership ILCEPI, a partnership established in response to the Lewisham's Cultural Strategy published in July
2023. As part of the Lewisham's Cultural Strategy, Lewisham Education Arts Network ILEANI committed to
"Develop a widerforum to bring together schools, youth and children's services, ond cultural orgonlsations to
collectively under5tGnd and addre55 the cultural needs of children ond young people and increase opportunlties
for culture and creativity in thelr Ilves"
(Lewisham Cultural Strategy- July 20231
From April 2024, LEAN has brought tO8ether over 30 arts organisations and schools to form the LCEP. We have
worked together to establish shared alms and an action plan through a Theory of Change. Central to this is
improvlng communication between schools and arts organlsations and maxlmizing opportunities to share
resources and fundlng streams. The group has met 7 times including 2 Youth Consultations, with 47
stakeholders attending from 30 organisations.
Vi51t our LCEP webpage to learn more about project and read the Theory of Change.
2.Fundralslng Support
LEAN has also been funded by Lewisham Council for 4 years 2022- 2026 to host a Lewisham Fundraising and
Development Manager IArtsl post as part of an initiatlve to support the voluntary, arts and sports sectors, The
role has been covered by a combination of the LEAN team with freelance fundraisers SUPPOrt includlng an
ongoin8 contract with Chloe Booth, highly experienced in arts fundraising.
Pa8e 2

Lewlsham Educatlon Arts Network (LEAN)
Trustees, Report
The final quarter brought a positive end to Year 3 of the FDM programme doing well against targets for the
year; supporting 186 people through fundraising workshopslevents, exceeding our target of 90. Across those
supported, a total of almost £267,000 was applied for or planned to apply for. and £56,980 was secured. This
included a donation of £15,000 towards LEAN'S core costs from the Garfield Weston Foundation
anew
funder for LEAN. The grant was awarded with the aim of supportlng LEAN'S Infrastructure so we can
successfully lead the implementation of the LCEP over the next 12 months- thls proposal will form the basls of
our fundraisin8 efforts for the LCEP'S strategic function, alongside project-based fundraising for specific
deliverable projects with and for young people in the borough.
Durin8 2024 the Arts Fundralsing Development programme included:
Dellvering 32 Advice surgeries/bid revlews
Bromley and Lewisham Fundraising Conference in June aimed at voluntary and communlty
organisations workin8 in and planning to work in Bromley and Lewisham was attended by 38 people
A Breakfast Club three-part online and in person workshop series in the second half of the year
focuslng on the ACE Developing Your Creative Practice 8rant was attended by 32 people and led by
consultant Daisy Hale.
A three-part Developing Your Fundraising Strategy online and in person workshop series, led by
Fundraising Development consultant Chloe Booth was attended by 17 people.
A "Getting Your Governance Right" workshop in March 2025, co-organised with Karen Jefferys and
Lewisham Local, explorlng dFfferent legal struttures for groups was attended by 18 people.
3.Workforte support, development and sector Communication
LEAN has continued to support the arts and cultural workforce and those involved with providing creative
experiences for children and young people bv,.
Supporting 20 people through one to onelsmall group advice sessions providing bespoke support
based on individual need.
Communication through our website. monthly bulletins. targeted newsletters (to arts freelancers and
teachers for example), events, meetings and trainin8.
LEAN website reteived 9638 visits, exceeding our annual target by over 20%
Organising face to face and onllne network events
Arts Freelancer 8reakfa5t Network: A total of 41 freelancers attended this year (excluding Fundraising events
abovel included in April 2024 3 Breakfast Club at Lewisham Hospital's Healing Garden; in November 2024 a
Freelancers, Breakfast Club focusing on how to work with schools run by Deputy Headteacher, Prenderga5t
Primary School and LEAN trustee Emma Webster.
Cuttural Connectors: LEAN sent 17 newsletters to 157 Cultural Connectors, a network of school-ba5ed teachers
initially set to promote Borough of Culture opportunities. This was relaunched as an ongoing programme to
provide news and opportunities for schools in the borough connecting them with arts projects and arts
organisations in Lewi5ham.
A termly in-person meeting at borough wide arts venues was provided with 23 Cultural Connectors attending
LEAN'S events;
25th June 2024 at the Broadway Theatre Catford, meeting with theatre staff and Peter Stickney, the director
the Lord Chamberlain's Men Theatre Company. Peter led a workshop based on their production of Hamlet and
shared a free offer exclusively available to Lewlsham schools.
Page 3

Lewisham Education Arts Network (LEAN)
Trustees, Report
10th October 2024 at Migration Museum whlch included a special tour of their exhibition All Our Stories..
Migration ond the Making of Brltain. The museum team gave an Introduction on their legacy learning
resources which explore Lewisham's rich migration stories as well as an exploration on how teachers could
incorporate migration in their Curriculum.
25th February 2025 at Catford Library. The meeting focussed on how to nurture Lewisham's young writers,
Spread the Word and guest poet Keith Jarrett presented the campaign that trowned Lewisham as the UK'5 first
Borough of Literature and described how schools could be involved. Tabitha Hayward. New Writers and
Participatlon Producer at the Royal Court Theatre shared Information about the inaugural Young Playwrights
Award open to 13-18-year-olds living in London.
LEAN also collaborated with the new arts teachers practice-sharing network - Lewisham Arts School Hub
ILASH)-to promote their termly events.
Youth Arts Bulletin: Four newsletters were sent out to the network during this period. Membership totals 110
recipients with 52 free and low-cost opportunities and activities for children and young people shared.
LEAN has continued to support and keep up to date on current issues in the arts education sector through
membership of Participatory Arts London and Lewisham Visual Arts Network which was developed by
Deptford X, APT Gallery and Studios, Goldsmiths CC4 and LEAN. Julia Raven5croft ILEAN Programme
Engagement Officer) has regularly attended the Bellin8ham Interagency meeting which takes place in
Bellingham six times a year.
4.Events and Projects
LEAN'S AGM and arts educatlon conference
Play your part: shaping a creatlve future for Lewlsham's young people- February 2025
LEAN'S major annual event and AGM took place at Lewisham Youth Theatre with the theme of Lewisham's
Cultural Strategy and the new Strategic Plan of the LCEP led by LEAN.
Speeches
Keynotes:
Lewisham Youth Theatre- Members. Committee
Veronica Jobbins MBE, Chair of Trustees LEAN
Sharon Trotter, Director LEAN
Page 4

Lewlsham Education Arts Network (LEAN)
Trustees, Report
Workshops
Embedding Youth Volce with Youth Steering Group, Lewisham Youth Theatre
Arts for Soclal Impart.. Worklnq In partnershlp to drfve positive change with Natalie Clarke, Senior
Producer- London Bubble Theatre
Building new opportunltiesfvr creotlve work experlencefor young people.. How o 'gmup' model can
provide o meanln9Aul oltemative with Sharon Trotter, Director
LEAN and Chantelle Michaux,
Schools & Business Partnerships Man38er- Waltham Forest Digital & Creative Careers Cluster
Using Artsmork to help embed arts culture. ond creativity in the curriculum with Tara Page. PhD,
SFHEA, Professor- Department of Educatlonal Studies, Goldsmiths
46 people attended from 75 who reglstered, a reasonable attendance/non-attendance ratio compared with
similar events. 100% of attendees surveyed stated that the talks were informative and thought-provokin8, and
100% rated the workshops a5 very relevant or relevant. We are aware that we need to encourage more
teachers from schools to attend and will be prioritizin8 that at our next event.
Movlng Stories- funded by Paul Hamlyn Teacher Development Fund
During this period. our 2-year project {Sept 23-Oct 251 Moving Stories,. embedding dance and droma in SEND
teacher practice, was developed, as one of the 8 UK-wide projects chosen for funding from Paul Hamlyn
Teacher Development Fund. The project with our arts delivery partners Peoplescape Theatre and Trinity Laban
worked during the year with six Lewisham Schools: Watergate, Brent Knoll, Drumbeat, New Woodlands and
the Resource Bases at Tidemill and Athelney Primary reaching 206 pupils.
Artists from theatre and dance collaborated with teachers to improve communication skllls of young people
facing high levels of disadvantage. Communication skills are the key to Unlocking young peoples, ability to
thrive as active, engaged and connected members of their communities. Combining dance and drama ensures
the activities are fully inclusive for thildren with a wide range of complex needs. Teachers and artists have
learnt from each other and spread good practice to colleagues, ensuring young people with special needs have
access to a rich and exciting arts curriculum which supports their life skills.
Creatlve Careers Programme / Army of Creatlves
In 2023 we were very pleased to receive Arts Council En8land funding1£29,700) for our Army of Creatives
project which ran until September 2024, It intluded recruiting 30 local artists to deliver 80 creative career
workshops atross 16 different school and education settings in Lewlsham, benefitlng a total of 2080 young
people aged 12-14 nurnber of students, and for the first time, running an innovative Creative Industries group
work experience week for 14 Year 10 students from Deptford Green School. We recruited a new Programme
Manager, Holly Mccomish, to deliver the whole project. The full Army of Creatives (AOCI project report is
available on the LEAN webslte. The work experience week has been captured in a short film.
In October 2024, we were delighted to win a second year of ACE funding1£298601 for Aoc 2025. We recruited
a new Programme Manager, Rebecca Denby, who was in position from January 2025 to deliver the project.
The first phase of schools, workshops took place in March 2025. reaching 400 students. As the majority of the
project was delivered out of the period tovered by this annual report. It will be fully detailed in the next annual
report 2025-2026.
Page S

Lewisham Education Arts Network (LEAN)
Trustees. Report
Tfustees and offiters
The trustees and officers serving during the year and since the year end were as follows:
Trustees:
Sheree-marie Abraham (appointed 8 May 20241
Jessica Austin-Burdett {appointed 8 May 2024)
Maria Conyard (resigned 20 November 2024)
Anna Croall lappointed 8 May 2024)
Helena Emmanuel {appointed 8 May 20241
Holly Henry (resigned 21 April 2025)
Veronica Jobblns MBE
Julia Mirkin
Dearbhaile Nairn
Jason Page
Veronica Sarmiento
Beatrice 5emple
James Thomas
Emma Webster
Chairman:
Veronica Jobbins MBE
Secretary:
Veronica Sarmiento
5trurture• governance and management
Nature oAgovernlng document
LEAN is a charity, registered with the Charity Commission. and a Limited Company. Membership of the
company is open to all, and the finances of the company are protected by a commitment of the members to
pay sums not exceeding £10 in the event of the company being wound-up.
Recruitment and oppolntment of trustee5
The work of LEAN'S officers is guided and overseen by a Board of Trustees. Trustees volunteer for appointment
and are initially Ci>OPted by the other Trustees at one of the regular meetings of the Board. Appointments are
approved at Annual General Meetings of the Company.
Indurtion und trulnlng oAtrustee5
New Trustees receive an induction from the Chair of the Board and from LEAN'S Programme Manager to
ensure they are aware of their role, legal obligations and duties required by the Charity Commission. and the
responslbilities placed upon them by the Memorandum of Association of the Company.
Page 6

Lewisham Educatlon Arts Network (LEAN)
Trustees. Report
ArrongementsAor settlng key m17ncgementpersonnel remunemtion
In line with Charity Commission requirements, Trustees receive no remuneration for their work for the
Company. Where a Trustee has any actual or potential conflict of interest or may receive any incidental benefit
through the artions of the Company, this is notified to the other Board members and recorded in the
appropriate section in this Annual Report.
Flnanclal Instruments
Reserves policy
It is LEAN'S policy to hold the value of at least 3 months running costs in reserve in case the organisation needs
to close down for any reason. Up to 2023-24 thls amounted to £15,000 but for 2024-25 we have been able to
increase this to £19,000 to ensure increased salary and rental costs are covered. The reserves are kept in an
interest earning deposit account at HSBC.
Investment pollcy
LEAN does not hold any investments or make Investments in other entities. Any income received that will not
be drawn on wlthin the next 6 months Is transferred to the HSBC deposit account to earn interest before it is
used.
Managing flnan¢lal risk
LEAN sets a carefully researched expenditure budget each year which is approved by the whole board of
Trustees and monitored regularly at Trustee meetings through the year. This ensures that all activities planned
are fully funded and sets in place contingencies in case anticipated funding appllcations are unsuccessful. LEAN
has robust financial procedures in place to ensure agalnst the risk of loss or fraud. Expenditure is mana8ed by
the LEAN Director and overseen by the Finance Subgroup, of 4 Trustees. The HSBC bank account mandate
requires 2 signatories for bank transactions. {3 trustees + the director are currently named as signatories}
Elettronic payments made by the director as Primary Online User and also by the Finance Oflicer as secondary
user. approved by the Director. All payments are logged by the Finance Officer and by countersigned
electronically by 2 Finance Group trustees. One of the Finance Group trustees is set up as Secondary User and
monitors the bank account transartions on a monthly basis.
LEAN Flnance poliry
A new comprehensive finance policy has been developed and agreed by the trustees setting out clear
procedures for oversight of financial transactions and for procurement processes.
Page 7

Lewisham Educatlon Arts Network (LEAN)
Trustees. Report
Statement of tru5tees' ￿PonSIbl11t1eS
The trustees {who are also the directors of Lewisham Education Arts Network ILEANI for the purposes of company
lawl are responsible for preparing the trustees. report and the financial statements in accordance with applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practicel,
including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the trustees to prepare financial statement5 for each financial year. Under company law the
trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of
the state of affairs of the charitable company and of the incoming resoljrces and Bpplication of resource5. including
its income and expenditLtre, of the charitable company for that period. In preparing these financial Statements, the
trustees are required to:
select suitable accounting policies and apply them consistentty:
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent:
state whether applicable accounting Standards, comprisin8 FRS 102 have been followed, subject to any
material departures dixlosed and explained in the financial statements: and
prepare the financial statements on the going concem basis unless it is Inappropriate to presume that the
charitable company will continue in business,
The trustees are responsible for keeping proper accounting records that can disc105e with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included
on the charitable company's website. Legislation governing the preparation and dissemination of financial
statements may differ from legislation in other jurisdittions.
The annual report was approved by the trustees of the charity on 19 September 2025 and si8ned on its behalf by:
Veronica Jobbins MBE
Chairman and trustee
Page 8

Lewlsham Educatlon Arts Network (LEAN)
Independent Examiner's Report to the trustees of Lewisham Education Arts Network
(LEAN) ('the Company,)
I report to the charlty trustees (who are also Dlrettors for the purpose of company law) on my examinatlon of
the accounts of the Lewisham Education Arts Network ILEANI I'the charitable companv) for the year ended 31
March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes 11 to
25.
This report is made solely to the charit¢s trustees. as 3 body. in accordance with section 145 of the Charitie5
Act 2011. My work has been undertaken so that I might state to the charitvs trustee5 those matters l am
required to state to them in this report and for no other purpose. To the fullest extent permitted by law. I do
not accept or assume responsibility to anyone other than the charity and the chariWs trustees as a body, for
my work, for this report, or for the opinions I have formed.
Responsibilltles and basis of report
As the charity's trustees of Lewisham Education Arts Network ILEANI you are responsible for the preparation
of the accounts in accordance with the requirements of the Companies Act 2(KJ61'the 2006 ACVI.
Having satisfied myself that the accounts of Lewisham Education Arts Network (LEAN} are not required to be
audited under Part 16 of the 2006 Act and are eli8ible for independent examination, I report in respert of my
examination of your charitws accounts as carried out under sectlon 145 of the Charities Art 2011 {'the 2011
Act.). In carryin8 Out my examination I have followed the Dlrections 8iven by the Charity Commission under
section 14515llb) of the 2011 Act,
An independent examination does not involve gathering all the evidence that would be required in an audit
and consequently does not cover all the matters that an auditor considers in giving their opinion on the
financial statements. The planning and conduct of an audit goes beyond the limited assurante that an
independent examination can provide. Consequently l express no opinlon as to whether the financial
statements present a 'true and fairf view and my report is limited to those specific matters set out in the
independent examinerfs statement.
Independent examinerfs staternent
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
actounting records were not kept in respect of Lewisham Education Arts Network ILEANI 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}.
Pa8e 9

Lewisharn Education Art5 Network (LEAN)
Independent Examiner's Report to the trustees of Lewisham Education Arts Network
(LEAN) ('the Company.)
I have no concerns and have come across no other matters in connection with the examination to whlch
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
rim Sullivan FCA
Field Sullivan Limited
9 Hare & Blllet
Blackheath
SE3 ORB
2025
Page 10

Lewisham Educatlon Arts Network (LEAN)
(Reglstration number: 05462708)
Balance Sheet as at 31 March 2025
2025
2024
Note
Flxed assets
Tangible assets
12
448
Current assets
Debtors
13
5,612
126,165
25S
Cash at bank and in hand
14
65.510
131,777
65,765
Creditors: Amounts falllng due wlthln one year
15
(13,835)
{9,285)
Net current assets
117.942
56,480
Net assets
117.942
56,928
Funds of the charlty:
Restricted income lunds
Restricted funds
74.242
26,458
Unrestricted income fund5
Unrestricted funds
43.700
30.470
Total funds
17
117,942
56,928
For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companie5.
Directors, responsibilities..
The members have not required the charity to obtain an audit of its atcounts for the year in question in
accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of the Art with
respect to accounting record5 and the preparation of accounts.
The financial statements on page5 11 to 25 were approved by the trustees, and authorised for issue on 28
November 2025 and signed on their behalf by=
Veronica Jobbins MBE
Chairman and trustee
The notes on pa8es 13 to 25 form an integral part of these financial statements.
PaBe 12

Lewisham Education Arts Network (LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
I Charity ststus
The charity is limited by guarantee. incorporated in England and Wales, and consequently does not have share
capital. Each of the trustees 15 liable to contribute an amount not exceeding £10 towards the assets of the
charity in the event of liquidation.
The principal place of business is..
The Albany
Douglas Way
London
SE8 4AG
These financial Statements were authorised for issue by the trustees on 28 November 2025.
2 Accounting pollcles
Summary of significant accountlng pollcies and key accountlng estimates
The principal accounting policies applled in the preparation of these financial statements are Set out below.
These policies have been conslstently applied to all the years presented, unless otherwise stated.
ststement of compllance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective l January 2019) -
(Charities SORP IFRS 1021- Second edition October 2019}. the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 1021. They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Lewisham Education Arts Network {LEAN} meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially reco8nised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy notes.
Golng concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going
concern nor any slgnificant areas of uncertainty that affect the carrying value of assets held by the charity.
Page 13

Lewisham Education Arts Network (LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
Judgements and key sources of estimatlon uncertainty
In the application of the charity'5 accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the periods in which the estimate is revised where revisions affects only that
period, or in the period of the revision and future periods where the revisions affects both current and future
periods.
Income and endowments
All income is recogni5ed once the charity has entitlement to the income, it is probable that the income will be
received and the amount of the income receivable can be measured reliably.
Donatlons and legacie5
Donations are recognised when the charity has been notified In writing of both the amount and settlement
date. In the event that a donation is subject to conditions that require a level of performance by the charity
before the charity is entitled to the funds, the income is deferred and not recognised until either those
conditions are fully met. or the fulfilment of those conditions is wholly within the control of the charity and it is
probable that these conditions will be fulfilled in the reporting period.
6mnts retelvable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where performance conditions are attached to the grant and are yet to be met. the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Investment income
Dividend5 are recognised once the dividend has been declared and notification has been received of the
dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure. it 15 probable
settlement 15 required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to
particular headin8S they have been allocated on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation charees allocated on the portion of the asset's use.
Other support cost5 are allocated based on the spread of staff costs,
Charhoble qrtivities
Charitable expenditure compri5e5 those costs incurred by the charity in the delivery of its activltles and
services for its beneficiarles. It includes both costs that can be allocated directly to such activities and those
costs of an indirect nature necessary to support them.
Page 14

Lewisham Education Arts Network (LEAN)
Notes to the Flnancial Statement5 for the Year Ended 31 March 2025
Gront provlsk>ns
Provisions for grants are made when the Intention to make a grant has been communicated to the recipient
but there is uncertainty about either the timing of the grant orthe amount of grant payable.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis
consistent with the use of resource5, for example, allocating property costs by floor area5. or per capita, staff
costs by the time spent and other costs by their usage.
Taxation
The charity is considered to pass the tests set out in P3ra8raph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the
charity IS Potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500.00 or more are Initially recorded at cost. less any subsequent accumulated
depreciation and subsequent accumulated impaim)ent losses,
Amortlsation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estlmated resldual value,
over their expected useful economic life as follows:
Asset class
Website development
Amortisatlon method and rate
25% straight line
Depreciatlon and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value. over their expected useful economic life as follows:
Asset class
Office equipment
Depreclation method and rate
25% straight lin
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or 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 charity will not be able to collect all amounts
due according to the original terms of the receivables.
Page 15

Lewlsham Education Arts Network (LEAN)
Notes to the Financlal Statements for the Year Ended 31 March 2025
Cash and cash equlvalents
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 credftors
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 charity 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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest method.
Fund strurture
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance
of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of
which is restricted to that area or purpose.
Penslons and other post retlrement obllgatlons
The tharity operates a defined contribution pension scheme which is a pension plan under which fixed
contributions are paid into a pension fund and the charlty has no legal or construrtive obligation to pay further
contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to
employee service in the current and prior periods.
Contributions to defined contribution plans are recogni5ed in the Statement of Financial Actlvities when they
are due. If contribution payments exceed the contribution due for service, the excess is recognised as
prepayment.
Page 16

Lewisham Educatlon Arts Network (LEAN)
Notes to the Flnancial Statements for the Year Ended 31 March 2025
3 Income from donations and legacies
Unrestrlcted
Total
2025
Total
2024
General
Restrlrted
Donations and legacies;
Donations from individuals
Grants, including capital grants:
LBL- Core grant
LBL- Fundraiser host
Arts Council England
LLB Grant
Paul Hamlyn Foundatlon
The Samuel Gardner Memorial
Trust
1,716
1,716
41
30,000
30,000
30,000
56.664
2,000
86,700
30,000
30,000
30.000
56,664
2,000
86.700
72.300
1,000
London Community Foundation
D'oyly Carte Charitable Trust
Garfield Weston Foundation
14,000
4,000
14.000
4,000
15,000
15,000
45,000
195.080
240.080
133,341
4 Investment income
Unrestrlcted
funds
General
Total
2025
Interest receivable and similar income:
Interest receivable on bank deposits
2,100
2,100
Page 17

Lewlsham Education Arts Network (LEAN)
Notes to the Financlal Statements for the Year Ended 31 March 2025
5 Expenditure on charitable activities
Totsl
2025
Total
2024
Note
Travel and subsistence
58
Telephone and fax
Grant funding of activities
Staff costs
619
572
38,699
93,249
29,550
18,991
47,565
91,100
19,182
17,021
Project costs
Support costs
181,166
175.440
6 Analysls of support costs
Support costs
Totsl
2025
Total
2024
Rent
8,005
256
7.722
298
Insurance
Office expenses
Printing, postage and stationery
Trade subscriptions
Sundries
822
2,206
127
377
252
816
488
Marketing
Independent examination
Legal and professional
Bank charges
Depreciation of o￿lce equipment
69
1,099
1,908
2.250
60
1,602
6,535
60
449
611
18,991
17,021
Page 18

Lewisham Educatlon Arts Network (LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
7 Staff costs
The aggregate payroll costs were as follows:
2025
2024
Staff costs durlng the year were:
Wages and salaries
Social security Costs
Pension costs
68,727
215
67.748
1,496
22,095
716
1,690
21,500
162
Subcontract cost
Staff training
93.249
91,100
Thè monthly average number of persons {intludinE senior management / leadership team) employed by the
charity durin8 the year expressed as full time equivalents was as follows".
2025
No
2024
No
Charitable activitie5
412024- 5} of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60.000 durin8 the year.
During the year the charlty made the following transactions with key management personnel..
Manager
The Manager recelved remuneration of £34,77412024'. £29.4001 and £Nil 12024; £Nil) of expenses were
reimbursed during the year.
8 Trustees remuneration and expenses
No trustees. nor any persons connected with them. have received any remuneration from the charity during
the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 19

Lewisham Education Arts Network (LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
9 Grant-makSng
Analysi5 Of grant5
Grant5 to instltutlons
2025
2024
Analysls
People Space
Trinity Laban
12,748
25,951
31,750
15,815
38,699
47,565
Paul Hamlyn Fund restricted project has 3 partners, LEAN. People Space, Trinity Laban. LEAN manages the
funding and the partners are paid agreed budget amounts to Grry out their agreed budget.
10 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents
contributions payable by the charity to the scheme and amounted to £1.49612024- £1.6901.
11 Intangible fixed assets
Other
intanglble
Total
Cost
At l April 2024
8,060
8,060
At 31 March 2025
8,060
8,060
Amortlsation
At l April 2024
8,060
8,060
At 31 March 2025
8,060
8,060
Net book value
At 31 March 2025
At 31 March 2024
Page 20

Lewisham Education Arts Network {LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
12 Tangible flxed assets
Furnlture and
equlpment
Total
Cost
At l April 2024
4,062
4,062
At 31 March 2025
4,062
4,062
Depreclatlon
At l April 2024
Char8e for the year
3,613
449
3,613
449
At 31 March 2025
4.062
4,062
Net book value
At 31 March 2025
At 31 March 2024
449
449
13 Debtors
2025
2024
Prepayment5
Other debtors
1,868
3,744
255
5,612
255
14 Cash and cash equivalents
2025
2024
Cash at bank
126,165
65,510
Page 21

Lewi5ham Educatlon Arts Network (LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
15 Creditor5: amounts falllng due wlthln one year
2025
2024
Trade creditors
Other taxation and social security
Other creditors
4,651
2,479
247
2,756
9,477
1,602
Accruals
1,908
13.835
9,285
16 Taxation
The charity is a registered charity and is therefore exempt from taxation.
17 Funds
Current perlod
Balance at I
Aprll 2024
Incoming
resources
Resources
expended
Balance at 31
March 2025
Transfers
Unrestrlcted
Geneml
General Funds
15,168
47,100
133,8701
14.5201
23,878
Designated
Contingency
15,302
4.520
19,822
Total unrestricted
30,470
47.100
{33,8701
43,700
Restrlcted
Lewlsham Live
{5)
Army of Creatives
Army of Creatives {2)
LCEP
5,344
29,790
30,874
17,000
30.716
86,700
{26,316}
(11,851}
(14.1801
{32,6041
(62,3451
8.823
19.023
2,820
1,617
41,959
Fundraiser host
Paul Hamlyn Foundation
3,SOS
17,604
26,458
195,080
{147,2961
74.242
Total funds
56,928
242,180
{181,166)
117,942
Page 22

Lewi5ham Education Arts Network (LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
Prevlous period
Balance at
31 March
2024
Balance at I
April 2023
Incomlng
resources
Resources
expended
Transfers
Unrestricted
Genernl
General Funds
30,873
30,041
{69.1821
23.436
15.168
Deslqn(Jted
Contingency
15,302
15.302
Total unrestricted
46,175
30,041
{69,1821
23,436
30,470
Restiicted
Lewisham Live
Youth Arts Network
1.485
16,000
23,436
11,931
11.4801
111,6561
1,000
5,344
CEZ
123,4361
Restricted Funds J
30,IX)O
(38.4261
3,505
52,852
31,000
(51,5621
123,4361
8,854
Total funds
99,027
61.041
1120,7441
39,324
Page 23

Lewlsham Education Arts Network (LEAN)
Notes to the Financlal Statements for the Year Ended 31 March 2025
The specific purposes for whlch the funds are to be applied are as follows-
Lewisham Llve: an annual festival that celebrates children and young people's muslc and dance in Lewlsham.
LEAN facilitates and supports the festival.
CEZ- partnership with LB of Lewisham for Lewisham Live Creative Careers Development project.
CEC - Bellingham: partnership with A New Direction for London Cultural Education Challenge project. A New
Direction: LEAN offers support and development to increase Arts Award take-up in Lewisham.
Education Partner - London Borough of Cultur& LBOC is a unique opportunity for Lewisham to celebrate its
diversity, arts and cultural history and raise our profile across London- connecting all the histories of Lewisham
to our present and harnessing and reflecting the tremendous pride in Lewisham that residents, especially
children and young people have. As Education Partner. School Consultation
LEAN works alongside the
Borough of Culture team specifically with the borough's schools. to ensure schools and pupils are active in
collaboration and benefit fully from the programme.
Army of Creative$111- took place during the school year October 2023-September 2024. In response to needs
identified by LEAN'S consultation with Career Leads, Arts Managers and young people, LEAN created a creative
careers programme that introduced a diverse group of creative professionals to year 8-9 students in Lewisham
secondary schools. AOC l is supported by Art Council England,
Army of Creatives12)-took place during the school year November 2024-October 2025. AOC 2 is supported bv
Art Council England and D'oyly Carte, and some income raised from participating schools.
LCEP (Lewisham Cultural Education Partnership}- As part of the Lewisham's Cultural Strategy (July 20231, LEAN
was invited by Lewisham Council to lead an LCEP Steering group of over 30 arts organisations and schools to
collectively understand and address the cultural needs of children and young people and increase
opportunities for culture and creativity in their lives. This is funded by contribution form Deptford Challenge
Trust and income from Lewisham Council.
Fundraiser host - Funded for four years by the London Borough of Lewisham 2022 - March 2026 to host the
role of Lewisham Fundraising and Development Manager (Arts} to increase sustainability in the sector by
building Strength and capacity to attract fijnds from wider sources across all artForms and arts delivery.
Paul Hamlyn Foundation
Partnership with Trinity Laban and Peoplescape Theatre for the project Moving
Stories= Embedding Dance and Drama in SEND teacher practice. It is one of the 8 UK-wide projects chosen for
support from Round 6 of Paul Hamlyn Teacher Development Fund. LEAN holds the full project budget on
behalf of the partners
[Income funds relating to Corel
Garfield Weston Foundation- Grant of £15,000 came in on 26.03.2025 relating to Core Fund for this year and
to be carried over to 2025-26
Deptford Challenge Trust- Income of £14.CIOO received 28.06.204 Towards LCEP {including a contrlbution to
Core)
Page 24

Lewlsham Educatlon Arts Network (LEAN)
Notes to the Financial Statements for the Year Ended 31 March 2025
Lewisham Live project had completely finished before the start of the financial year, hence transfer of the
remaining £5 to an ongoing project land seemed imrnateriall
£4.520 was reallocated to the reserve in compliance with the requirement in our Reserve pollcy to maintain a
reserve equivalent to three months, running costs.
18 Analysls of net assets between funds
Current period
Total funds at
31 March
2025
Unrestrlcted funds
General
Designated
Restrirted
funds
Current assets
37,713
113,8351
19.822
74,242
131,777
113,8351
Current liabilities
Total net assets
23,878
19,822
74,242
117,942
Previous period
Total funds at
31 March
2024
Unrestricted funds
General
Designated
Restricted
funds
Tan8ible fixed assets
Current assets
Current liabilities
448
448
24,005
19,2851
15,302
26,458
65,765
(9,285)
Total net assets
15,168
15,302
26,458
56,928
19 Related party transartion5
There were no other related party transactions in the year.
Page 25