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2025-06-30-accounts

Annual Report

s A Record of the Year’s Significant Event

Freedom Road Creative Arts 2024 - 2025

Introduction

Freedom Road Creative Arts (FRCA) was launched in July 2008 to offer young people in the Hull area Drama, Dance, Song-writing and Singing workshops. We aim to make a positive difference in the lives of children and young people to empower, raise confidence and give them a voice primarily through the creative and performing arts. We are here to support, nurture and raise young people’s aspirations to help them be well-rounded, contributing and successful adults.

1

What did this Year look like for Freedom Roaders?

Our calendar consisted of regular sessions every week , holiday sessions during school breaks and special events throughout the year . In addition to this, we also offered our 1-1 general support for our young people with our pastoral team. However, we have had to significantly cut down our 1-1 music sessions due to the health of Ian Bolton, our previous Co-Director.

Bit by bit, we are building the charity back to normal, and eventually, we anticipate a thriving full return of the sessions we had to cut. Already, the FRCA 2025-2026 calendar is filling up with new and existing projects and events.

The next few pages detail everything our Freedom Roaders have participated in throughout this year.

Regular Sessions every week:

2

In this group class, we explore dance in different styles at multiple levels. We look at dance technique and collectively choreograph routines for internal/external shows, as well as make dances in class just for the fun of it!

‘Drama Class’ with teacher Owen.

In this group session, we play drama games, focus on acting skills, read/write short scripts and create stories to perform to everyone in the class.

‘Drumming Class’ with teacher Simon.

These sessions are 1-1 and focus on drumming skills by learning various songs - we are looking to start exams with the Albemarle Music Centre to help students achieve certification to take those skills to the next level.

In this group class, musicians can learn skills in singing, piano, percussion and strings. We prepare a repertoire of songs and perform them at external events.

These sessions have since been cut from our programme, but we are in the process of starting them up again.

These sessions have since been cut from our programme, but we are in the process of starting them up again.

‘Band Practice’ supervised by Ben.

In these sessions, we link bands up with the space they need to practice. The bands then come to the external events and perform with us.

Holiday Sessions During School Breaks:

● ‘Easter Dance Sessions’.

Between 3-6 sessions exploring different dance styles and themes through student-led practice. This always results in an in-house performance or showing of some kind.

3

● ‘Summer Dance Sessions’.

Between 3-6 sessions exploring different dance styles and themes through student-led practice. This always results in an in-house performance or showing of some kind.

This was the result from this year's Summer School = https://m.youtube.com/watch? feature=shared&fbclid=IwQ0xDSwKUJrNleHRuA2FlbQIxMQABHnJfJEK- i0LluH61uej__SXQHcCUbx4m21p8UuEvOPilaa24Q8s4VaKBv qJ_aem__36MP5QLKuYS1liz7jFLrw&v=MH7HS6URZQs

● ‘Christmas Party’.

A day of fun holiday-themed workshops across all classes. During this, the young people take part in arts activities, play games, eat food and receive presents.

Special Events Throughout the Year:

4

Staff List:

Iain Thompson – Director and Finance Manager

5

Éva Loure – Project Co-ordinator and Dance Tutor

Ben Farr - Music Tutor

Molly Brown – Music Tutor

Victoria Fergusson – Vocal Coach

Simon Higley – Drumming Tutor

Jack Brown – Education Drumming tutor

Owen Killey – Drama Tutor Lexie Akester – Dance Support

Chairs Report

Last year, I wrote about the tenacity of the FRCA staff team. This year started as the previous year had, with lots of new young people and full classes.

As the year went on, Ian Bolton, our Project Coordinator and the driving force behind FRCA, became quite ill and had to step back. The other staff members have shown great resilience in taking on his roles and keeping the charity going.

We are looking at scaling back some of the classes due to losing the CiN funding later on in the year, so we have already started planning for that. But we’re conscious that the key to FRCA success is the consistency we offer the young people, and that begins in keeping our offering going, no matter what.

Our music and dance classes are packed, and helping the young people, along with the drama classes, which are growing all the time. It’s wonderful to see all the new young people enjoying their first performances and looking forward to future ones.

Despite the challenges, FRCA still has a great future!

Craig Clark,

Chair, Freedom Road Creative Arts.

Funders List:

7

Funds Incoming
resources
£
Resources
expended
£
Movement
in funds
£
Unrestricted Funds
- General Fund
20,253 (14,694) 5,559
Restricted Funds -
Listen Up
36,001 (37,067) (1,066)
Restricted Funds -
Children In Need
36,121 (46,887) (10,766)
Restricted Funds -
Hull ER Trust
- (1,764) (1,764)
Restricted Funds -
Ragdoll Foundation
- (3,334) (3,334)
Restricted Funds -
Hey Smile
3,155 (900) 2,255
Restricted Funds -
UK Youth
7,200 - 7,200
Restricted Funds -
The Tweed Family
Foundation
10,000 - 10,000
Total Funds: 112,730 104,646 8,084

HARI80 gi7E

9

What does the next year hold for FRCA?

We are brainstorming fresh ideas to lead FRCA to the next level. For example: reintroducing some of the fantastic classes that we unfortunately cut from our programme, starting exams so the students can achieve certifications, undertaking more outreach work going into schools so we can expand our network, refreshing our social media marketing to engage new audiences, attending more external events to increase opportunities and starting new classes to offer more diverse experiences to our young people. FRCA looks forward to building more partnerships with other likeminded organisations, and we are excited for what the next year brings.

Final Notes…

We are incredibly fortunate at FRCA to work amongst such inspiring young people, talented staff and other fantastic organisations. We can't wait to see what 2025-2026 has in store to help us support all of our FRCA family in their artistic and personal journeys. In the meantime, please remember to check out our student-led newsletter, which is located on our Facebook page. This document details all of our progress each term so you can get to know us a little better and hear about the current great work that our young people get up to.

Freedom Road Creative Arts

The Albemarle Music Centre

60 Ferensway

Hull

HU2 8AL

www.freedomroadcreativearts.com

F

REGISTERED COMPANY NUMBER:06614442 REGISTERED CHARITY NUMBER: 1124982

Freedom Road Creative Arts (A Company Limited by Guarantee)

Unaudited Financial Statements

30 June 2025

SD-0222576-1-6

Freedom Road Creative Arts

Contents of the Financial Statements for the year ended 30th June 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 12

Freedom Road Creative Arts

Reference and Administrative Details for the year ended 30th June 2025

TRUSTEES C Clark (Chair) Mrs J Cocker A Ali COMPANY SECRETARY I Priddle REGISTERED OFFICE The Albermarle Music Centre 60 Ferensway Hull HU2 8LN REGISTERED COMPANY 06614442 (England and Wales) NUMBER REGISTERED CHARITY 1124982 NUMBER INDEPENDENT EXAMINER Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA

Page 1

Freedom Road Creative Arts

Report of the Trustees for the year ended 30th June 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30th June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and activities

To act as a resource for young people up to the age of twenty one, in particular but not limited to those living in Kingston upon Hull and the East Riding of Yorkshire by providing advice and assistance and organising programmes of creative arts, educational and other activities as a means of:

Public benefit

The trustees have had due regard to their duty to comply with section 4 of the 2011 Charities Act regarding the public benefit of the objectives of the charity and the Charity Commission's guidance on the same.

FINANCIAL REVIEW

Financial performance and position

The charity reported a surplus on the unrestricted fund of £18,423 and a deficit of £18,597 across it's restricted funds. The deficit on restricted funds arose due to planned expenditure in delivering funded projects.

At the year end, the charity held unrestricted funds of £18,812 and restricted funds of £8,210.

Reserves policy

It is the policy of the charity to maintain unrestricted reserves of the charity at a level sufficient to cover unrestricted running costs for a period of at least six months. This target is currently being met.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, it's memorandum and articles of association, and constitutes a company limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Appointment of trustees is governed by the Memorandum and Articles of Association and the Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.

Induction and training of new trustees

New trustees are inducted by being invited to attend committee meetings in order that they may judge the level of commitment and responsibilities that are involved with being a trustee.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on 27th March 2026 and signed on its behalf by:

Page 2

Freedom Road Creative Arts

Report of the Trustees

for the year ended 30th June 2025

C Clark - Trustee

Page 3

Independent Examiner's Report to the Trustees of Freedom Road Creative Arts

Independent examiner's report to the trustees of Freedom Road Creative Arts ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th 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, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  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)).

I have no 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. T. Bramall, BSc., F.C.A.,

Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA

27th March 2026

Page 4

Freedom Road Creative Arts

Statement of Financial Activities for the year ended 30th June 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
1,673
Charitable activities
4
Creative arts and education
87,839
Investment income
3
-
Total
89,512
EXPENDITURE ON
Charitable activities
5
Creative arts and education
71,089
NET INCOME/(EXPENDITURE)
18,423
Transfers between funds
11
1,694
Net movement in funds
20,117
RECONCILIATION OF FUNDS
Total funds brought forward
(1,305)
TOTAL FUNDS CARRIED FORWARD
18,812
Restricted
funds
£
-
14,400
-
14,400
32,997
(18,597)
(1,694)
(20,291)
28,501
8,210
2025
Total
funds
£
1,673
102,239
-
103,912
104,086
(174)
-
(174)
27,196
27,022
2024
Total
funds
£
5,910
109,935
18
115,863
113,695
2,168
-
2,168
25,028
27,196

The notes form part of these financial statements

Page 5

Freedom Road Creative Arts

Balance Sheet

30th June 2025

Unrestricted
Restricted
fund
funds
Notes
£
£
CURRENT ASSETS
Cash at bank
20,018
8,210
CREDITORS
Amounts falling due within one year
10
(1,206)
-
NET CURRENT ASSETS
18,812
8,210
TOTAL ASSETS LESS CURRENT
LIABILITIES
18,812
8,210
NET ASSETS
18,812
8,210
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS
2025
Total
funds
£
28,228
(1,206)
27,022
27,022
27,022
18,812
8,210
27,022
2024
Total
funds
£
28,228
(1,032)
27,196
27,196
27,196
(1,305)
28,501
27,196

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 27th March 2026 and were signed on its behalf by:

C Clark - Trustee

The notes form part of these financial statements

Page 6

Freedom Road Creative Arts

Notes to the Financial Statements for the year ended 30th June 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

2025
£
Donations
1,673
3.
INVESTMENT INCOME
2025
£
Deposit account interest
-
2024
£
5,910
2024
£
18

Page 7

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

4. INCOME FROM CHARITABLE ACTIVITIES

Activity
Listen Up
Creative arts and education
Hull music service
Creative arts and education
Grants
Creative arts and education
Grants received, included in the above, are as follows:
Children in Need
Hull City Council
Ragdoll Foundation
UK Youth
The Tweed Family Charitable Foundation
National Lottery
The Foyle Foundation
Hays Travel Foundation
The Sackler Trust
5.
CHARITABLE ACTIVITIES COSTS
Creative arts and education
6.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Volunteer expenses
Music equipment
Transport & travel costs
Venue hire
Management charges
Session workers
Project costs
Computer software costs
Listen up
Dance competitions
Direct
Costs (see
note 6)
£
100,158
2025
£
38,889
18,450
44,900
102,239
2025
£
-
500
-
14,400
10,000
-
-
-
20,000
44,900
Support
costs (see
note 7)
£
3,928
2025
£
1,179
157
968
825
5,370
19,833
12,391
6,000
39,470
13,965
100,158
2024
£
26,496
-
83,439
2024
£
26,496
-
83,439
109,935
2024
£
46,871
2,090
2,018
-
-
19,960
7,500
5,000
-
83,439
Totals
£
104,086
2024
£
46,871
2,090
2,018
-
-
19,960
7,500
5,000
-
83,439
2024
£
7,551
1,026
2,148
5,386
12,538
24,601
5,661
11,292
27,378
10,971
108,552

Page 8

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

7. SUPPORT COSTS

SUPPORT COSTS
Governance
Finance costs Totals
£ £ £
Creative arts and education 2,434 1,494 3,928
Support costs, included in the above, are as follows:
2025 2024
Creative
arts and Total
education activities
£ £
Overhead costs - 760
Insurance 462 451
Telephone 648 1,032
Sundries 487 674
Bank charges 202 265
Lottery 635 665
Independent Examiners Fee 1,494 1,296
3,928 5,143

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th June 2025 nor for the year ended 30th June 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30th June 2025 nor for the year ended 30th June 2024.

9.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,910
Charitable activities
Creative arts and education
2,090
Investment income
18
Total
8,018
EXPENDITURE ON
Charitable activities
Creative arts and education
4,339
NET INCOME/(EXPENDITURE)
3,679
Restricted
funds
£
-
107,845
-
107,845
109,356
(1,511)
Total
funds
£
5,910
109,935
18
115,863
113,695
2,168

Page 9

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
(4,983)
30,011
25,028
TOTAL FUNDS CARRIED FORWARD
(1,304)
28,500
27,196
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
£
£
Other creditors
1,206
1,032
11.
MOVEMENT IN FUNDS
Net
Transfers
movement
between
At
At 1.7.24
in funds
funds
30.6.25
£
£
£
£
Unrestricted funds
General fund
(1,305)
18,423
1,694
18,812
Restricted funds
Listen Up - session workers
1,694
-
(1,694)
-
Children In Need
5,317
(5,317)
-
-
The Foyle Foundation
1,529
(1,529)
-
-
Awards For All
19,961
(11,751)
-
8,210
28,501
(18,597)
(1,694)
8,210
TOTAL FUNDS
27,196
(174)
-
27,022
Net movement in funds, included in the above are as follows:
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
Unrestricted funds
General fund
89,512
(71,089)
18,423
Restricted funds
Children In Need
-
(5,317)
(5,317)
UK Youth
14,400
(14,400)
-
The Foyle Foundation
-
(1,529)
(1,529)
Awards For All
-
(11,751)
(11,751)
14,400
(32,997)
(18,597)
TOTAL FUNDS
103,912
(104,086)
(174)
Total
funds
£
25,028
27,196

Page 10

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued for the year ended 30th June 2025

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.7.23
in funds
£
£
Unrestricted funds
General fund
(4,983)
3,678
Restricted funds
Listen Up - session workers
2,577
(882)
Children In Need
3,613
1,704
Ragdoll Foundation
4,366
(4,366)
Hey Smile
2,255
(2,255)
UK Youth
7,200
(7,200)
The Tweed Family Foundation
10,000
(10,000)
The Foyle Foundation
-
1,529
Awards For All
-
19,960
30,011
(1,510)
TOTAL FUNDS
25,028
2,168
Comparative net movement in funds, included in the above are as follows:
At
30.6.24
£
(1,305)
1,695
5,317
-
-
-
-
1,529
19,960
28,501
27,196
Unrestricted funds
General fund
Restricted funds
Listen Up - session workers
Children In Need
Ragdoll Foundation
Hey Smile
UK Youth
The Tweed Family Foundation
The Foyle Foundation
Hays Travel Foundation
Awards For All
TOTAL FUNDS
Incoming
resources
£
8,018
26,496
46,872
2,017
-
-
-
7,500
5,000
19,960
107,845
115,863
Resources
Movement
expended
in funds
£
£
(4,340)
3,678
(27,378)
(882)
(45,168)
1,704
(6,383)
(4,366)
(2,255)
(2,255)
(7,200)
(7,200)
(10,000)
(10,000)
(5,971)
1,529
(5,000)
-
-
19,960
(109,355)
(1,510)
(113,695)
2,168

Transfers between funds

On review of the funds, it was identified that the Listen Up fund is earned income for a provided service, not voluntary income, and therefore should be recognised as unrestricted.

Page 11

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th June 2025.

Page 12

REGISTERED COMPANY NUMBER:06614442 REGISTERED CHARITY NUMBER: 1124982

Freedom Road Creative Arts (A Company Limited by Guarantee)

Unaudited Financial Statements

30 June 2025

SD-0222576-1-6

Freedom Road Creative Arts

Contents of the Financial Statements for the year ended 30th June 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 12

Freedom Road Creative Arts

Reference and Administrative Details for the year ended 30th June 2025

TRUSTEES C Clark (Chair) Mrs J Cocker A Ali COMPANY SECRETARY I Priddle REGISTERED OFFICE The Albermarle Music Centre 60 Ferensway Hull HU2 8LN REGISTERED COMPANY 06614442 (England and Wales) NUMBER REGISTERED CHARITY 1124982 NUMBER INDEPENDENT EXAMINER Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA

Page 1

Freedom Road Creative Arts

Report of the Trustees for the year ended 30th June 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30th June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and activities

To act as a resource for young people up to the age of twenty one, in particular but not limited to those living in Kingston upon Hull and the East Riding of Yorkshire by providing advice and assistance and organising programmes of creative arts, educational and other activities as a means of:

Public benefit

The trustees have had due regard to their duty to comply with section 4 of the 2011 Charities Act regarding the public benefit of the objectives of the charity and the Charity Commission's guidance on the same.

FINANCIAL REVIEW

Financial performance and position

The charity reported a surplus on the unrestricted fund of £18,423 and a deficit of £18,597 across it's restricted funds. The deficit on restricted funds arose due to planned expenditure in delivering funded projects.

At the year end, the charity held unrestricted funds of £18,812 and restricted funds of £8,210.

Reserves policy

It is the policy of the charity to maintain unrestricted reserves of the charity at a level sufficient to cover unrestricted running costs for a period of at least six months. This target is currently being met.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, it's memorandum and articles of association, and constitutes a company limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Appointment of trustees is governed by the Memorandum and Articles of Association and the Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.

Induction and training of new trustees

New trustees are inducted by being invited to attend committee meetings in order that they may judge the level of commitment and responsibilities that are involved with being a trustee.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on 27th March 2026 and signed on its behalf by:

Page 2

Freedom Road Creative Arts

Report of the Trustees

for the year ended 30th June 2025

C Clark - Trustee

Page 3

Independent Examiner's Report to the Trustees of Freedom Road Creative Arts

Independent examiner's report to the trustees of Freedom Road Creative Arts ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th 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, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  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)).

I have no 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. T. Bramall, BSc., F.C.A.,

Smailes Goldie Chartered Accountants Regent's Court Princess Street Hull East Yorkshire HU2 8BA

27th March 2026

Page 4

Freedom Road Creative Arts

Statement of Financial Activities for the year ended 30th June 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
1,673
Charitable activities
4
Creative arts and education
87,839
Investment income
3
-
Total
89,512
EXPENDITURE ON
Charitable activities
5
Creative arts and education
71,089
NET INCOME/(EXPENDITURE)
18,423
Transfers between funds
11
1,694
Net movement in funds
20,117
RECONCILIATION OF FUNDS
Total funds brought forward
(1,305)
TOTAL FUNDS CARRIED FORWARD
18,812
Restricted
funds
£
-
14,400
-
14,400
32,997
(18,597)
(1,694)
(20,291)
28,501
8,210
2025
Total
funds
£
1,673
102,239
-
103,912
104,086
(174)
-
(174)
27,196
27,022
2024
Total
funds
£
5,910
109,935
18
115,863
113,695
2,168
-
2,168
25,028
27,196

The notes form part of these financial statements

Page 5

Freedom Road Creative Arts

Balance Sheet

30th June 2025

Unrestricted
Restricted
fund
funds
Notes
£
£
CURRENT ASSETS
Cash at bank
20,018
8,210
CREDITORS
Amounts falling due within one year
10
(1,206)
-
NET CURRENT ASSETS
18,812
8,210
TOTAL ASSETS LESS CURRENT
LIABILITIES
18,812
8,210
NET ASSETS
18,812
8,210
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS
2025
Total
funds
£
28,228
(1,206)
27,022
27,022
27,022
18,812
8,210
27,022
2024
Total
funds
£
28,228
(1,032)
27,196
27,196
27,196
(1,305)
28,501
27,196

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 27th March 2026 and were signed on its behalf by:

C Clark - Trustee

The notes form part of these financial statements

Page 6

Freedom Road Creative Arts

Notes to the Financial Statements for the year ended 30th June 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

2025
£
Donations
1,673
3.
INVESTMENT INCOME
2025
£
Deposit account interest
-
2024
£
5,910
2024
£
18

Page 7

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

4. INCOME FROM CHARITABLE ACTIVITIES

Activity
Listen Up
Creative arts and education
Hull music service
Creative arts and education
Grants
Creative arts and education
Grants received, included in the above, are as follows:
Children in Need
Hull City Council
Ragdoll Foundation
UK Youth
The Tweed Family Charitable Foundation
National Lottery
The Foyle Foundation
Hays Travel Foundation
The Sackler Trust
5.
CHARITABLE ACTIVITIES COSTS
Creative arts and education
6.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Volunteer expenses
Music equipment
Transport & travel costs
Venue hire
Management charges
Session workers
Project costs
Computer software costs
Listen up
Dance competitions
Direct
Costs (see
note 6)
£
100,158
2025
£
38,889
18,450
44,900
102,239
2025
£
-
500
-
14,400
10,000
-
-
-
20,000
44,900
Support
costs (see
note 7)
£
3,928
2025
£
1,179
157
968
825
5,370
19,833
12,391
6,000
39,470
13,965
100,158
2024
£
26,496
-
83,439
2024
£
26,496
-
83,439
109,935
2024
£
46,871
2,090
2,018
-
-
19,960
7,500
5,000
-
83,439
Totals
£
104,086
2024
£
46,871
2,090
2,018
-
-
19,960
7,500
5,000
-
83,439
2024
£
7,551
1,026
2,148
5,386
12,538
24,601
5,661
11,292
27,378
10,971
108,552

Page 8

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

7. SUPPORT COSTS

SUPPORT COSTS
Governance
Finance costs Totals
£ £ £
Creative arts and education 2,434 1,494 3,928
Support costs, included in the above, are as follows:
2025 2024
Creative
arts and Total
education activities
£ £
Overhead costs - 760
Insurance 462 451
Telephone 648 1,032
Sundries 487 674
Bank charges 202 265
Lottery 635 665
Independent Examiners Fee 1,494 1,296
3,928 5,143

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th June 2025 nor for the year ended 30th June 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30th June 2025 nor for the year ended 30th June 2024.

9.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
5,910
Charitable activities
Creative arts and education
2,090
Investment income
18
Total
8,018
EXPENDITURE ON
Charitable activities
Creative arts and education
4,339
NET INCOME/(EXPENDITURE)
3,679
Restricted
funds
£
-
107,845
-
107,845
109,356
(1,511)
Total
funds
£
5,910
109,935
18
115,863
113,695
2,168

Page 9

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
RECONCILIATION OF FUNDS
Total funds brought forward
(4,983)
30,011
25,028
TOTAL FUNDS CARRIED FORWARD
(1,304)
28,500
27,196
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
£
£
Other creditors
1,206
1,032
11.
MOVEMENT IN FUNDS
Net
Transfers
movement
between
At
At 1.7.24
in funds
funds
30.6.25
£
£
£
£
Unrestricted funds
General fund
(1,305)
18,423
1,694
18,812
Restricted funds
Listen Up - session workers
1,694
-
(1,694)
-
Children In Need
5,317
(5,317)
-
-
The Foyle Foundation
1,529
(1,529)
-
-
Awards For All
19,961
(11,751)
-
8,210
28,501
(18,597)
(1,694)
8,210
TOTAL FUNDS
27,196
(174)
-
27,022
Net movement in funds, included in the above are as follows:
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
Unrestricted funds
General fund
89,512
(71,089)
18,423
Restricted funds
Children In Need
-
(5,317)
(5,317)
UK Youth
14,400
(14,400)
-
The Foyle Foundation
-
(1,529)
(1,529)
Awards For All
-
(11,751)
(11,751)
14,400
(32,997)
(18,597)
TOTAL FUNDS
103,912
(104,086)
(174)
Total
funds
£
25,028
27,196

Page 10

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued for the year ended 30th June 2025

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.7.23
in funds
£
£
Unrestricted funds
General fund
(4,983)
3,678
Restricted funds
Listen Up - session workers
2,577
(882)
Children In Need
3,613
1,704
Ragdoll Foundation
4,366
(4,366)
Hey Smile
2,255
(2,255)
UK Youth
7,200
(7,200)
The Tweed Family Foundation
10,000
(10,000)
The Foyle Foundation
-
1,529
Awards For All
-
19,960
30,011
(1,510)
TOTAL FUNDS
25,028
2,168
Comparative net movement in funds, included in the above are as follows:
At
30.6.24
£
(1,305)
1,695
5,317
-
-
-
-
1,529
19,960
28,501
27,196
Unrestricted funds
General fund
Restricted funds
Listen Up - session workers
Children In Need
Ragdoll Foundation
Hey Smile
UK Youth
The Tweed Family Foundation
The Foyle Foundation
Hays Travel Foundation
Awards For All
TOTAL FUNDS
Incoming
resources
£
8,018
26,496
46,872
2,017
-
-
-
7,500
5,000
19,960
107,845
115,863
Resources
Movement
expended
in funds
£
£
(4,340)
3,678
(27,378)
(882)
(45,168)
1,704
(6,383)
(4,366)
(2,255)
(2,255)
(7,200)
(7,200)
(10,000)
(10,000)
(5,971)
1,529
(5,000)
-
-
19,960
(109,355)
(1,510)
(113,695)
2,168

Transfers between funds

On review of the funds, it was identified that the Listen Up fund is earned income for a provided service, not voluntary income, and therefore should be recognised as unrestricted.

Page 11

continued...

Freedom Road Creative Arts

Notes to the Financial Statements - continued

for the year ended 30th June 2025

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th June 2025.

Page 12