REGISTERED COMPANY NUMBER: 06602989 IEngland and Wales}
REGISTERED CHARITY NUMBER: 1126872
REPORT OF THE TRUSTEES AND
UNAUDITED FINAMCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
ARTS GATEWAY MK LIMfTED

ARTS GATEWAY MK LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Reference and Admknlslrallve Detalls
Report of the Trustees
2 to 4
Independenl Examiner's Report
Statèmènt of Financial Aetiviti•$
Balance Sheet
Notes to the Flnanclal Statements
9 to 14

ARTS GATEWAY MK LIMITED
REFERENCE AND ADMINISTrATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
JVBesl
D S Millis (resigned 18.11.241
A Shaw (resigned 18.11.24}
J M Siewart (resigned 3.4.241
M L ThorTbas-Asante (resigned 20.5.24}
N Cutts jappointe(120 5.241 IreswJneé 19.5,251
T De Sousa
F Hameed {r￿gned 9.12.241
L SGriven lappoinled 20.5.241 Ire51gned 18.11.241
J E Willis (resigned 3.6 241
M North (appointed 15.7.24)
Z Raver) (appointed 15.7.241
J Femardaz (appointed 25.3.25)
A Aagha lappointed 15.8.251
A Sharrna lapp(Hnted 7.10.251
A A Patèl lappoint6d 17.11.25)
K Ranyard lapp¢inted 17.11.251
REGISTERED OFFICE
18-20 Bumers Lane
lQ"In Farm
Milton Keynes
BuckirvJhamshire
MK11 3HB
REGISTEREO COMPANY
NUMBER
06602989 {Engiand and Wales)
REGISTERED CHARITY
NUMBER
1126872
INDEPENDENT EXAMINER
Ad Valorem Accountancy servI￿s Limited
Chartered Certified Accountants
2 Mar￿rFami Court
Old Wolverton Road
Old Wolverton
Milton Keynes
BuckiThJhamshire
MK12 5NN
Page 1

ARTS GATEWAY MK LIMITED (REGISTERED NUMBER: 06602989}
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The Iruslees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in aCCc￿dance with the accounting poliryes set out in note 1 to the fin￿cial
statements and comply with the ehanly's Memorandum and Articles, the Compar)ies Act 2006 and 'Accounling and
Reporting by Charities.. Statement of Recommendec P￿¢11￿ applicable lo charities preparing their accounts in
accordan￿ with the Financial ReportirvJ Standard applicab￿ in the UK and Republic of Ireland IFRS 1021" las amended
for accounting periods ci)mmencing from 1 January 2016).
Objeclivos and a￿l￿tIeS
The charity's objects are lo foster and develop the arts in the urmtary council area of Milton Keynes and adjoining areas.
To achieve this we ddiver community focussed projects developed in response to local need &which are currenlty..
1. Arts Central Studios
Based al our Kiln Farm site al 20 8umers Lane. we are the key provider of kiw-cost. affordable creatwe studios in
Milton Keyfft5 with over 80 Studio Holders on stie.,
b. The Box Arts Club offers our artists. community or￿lS2110ns and Ihe public a low cost. attraclive ar)d public access
space space from whKh lo host exhibib"ons, w0￿shopS and music event5 of all kirKJs-
2. MKLirfes1
Now in Ils 8th year, dellvers year-round crealive programmes - both in-person and onllne - reaching an estlmated lolal
audience of 2,500.
The trustees have paid due regard to guidance issued by the Charity C(xnmission in deciding what activities the charity
should undertake.
Achievements and performance
Vve continued lo devdop our creative hub at 20. Bumer5 Lane Kiln Farm. which we hold on a 12-year lease.
Over th8 y8ar wo accomrnodaled around 110 creatives in workspaces there. with up lo 80 at any lime. Construction and
fit-out of our new presenlation spa￿. The Box Arts Clth was u)rn￿eted at the start of the year and we welcomed over
1,200 attendees lo a range of events including sewing workshops. music rehearsals. LitF&sl Q&4s. Repair Café and an
exhibition with MK College.
During 2024-25. MK Litfesl ¢￿tInued io grow bolh in terms of reach and the variety of itb offeriny, supported by lunding
from MKCity Council and MK Cornmunity Foundation dnven and managed by a professional management team. A
key part of MK LitFesl is Ihe Raising Voices pr(MJramme which promotes new wrib'ThJ from undetheard groups across MK,
and began work on developing a Storymap of Stories. poems and prose by I￿al writers about Milton Keynes.
In addition we supptyted community-facing pffJgrammes in partnership with MK City Council, MKCenlral Library. MK
Cornmunily Learning, Waterstones, thecentreMK. Ingram Spark. ￿lMi, the Open University, The Parks Trust, MK
Community Foundation, Heritage Open Days. Walk-Listen-Create. Buckingham Lit Fest, Sl Pauls School, Glebe Farm
School, Poetry foi the Planet, Give Peat a Chance, Movember. Kyiv Women s Organisation, Community Arts Resources
Centre-, The Box Arts Club.
The depth and quality of its aGtivilies coupled wrth a Strong recognisable brand and its loyal team of volunteers ha5
resulted in MKLitfesl becoming an important"shopfronl" for local wrilers.
We delivered a pilot Community pro9ramme NYhi¢h tsused on young people, and published the fourth in our series of
MinK anthologies of new work. Our programrres also drew on a partnership wrth sister organisation Community Arts
Resources Centre, CARC CIC, providing tethnical equipment for Iow-cDsI hire.
Page 2

ARTS GATEWAY MK LIMITED (REGISTERED NUMBER: 06602989}
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Towards the end of the year, we secured funding from Milton Keynes City Council lo recruit a professional arts
administrator for an initial period of 12 months. Trustees regard Ihis as a key development in the long-term plan lo place
Arts Gateway IMKI as the major provider of mutti- discapiine, arts based community programmes in Milton keynes.
We remained active participants in AHA MK, the umbrella for MKS kn arKI Heritage sector.
Financial review
During the year incoming resources were £201.666 predominanlly from our studios at Arts Central and significant grants
from MK City Council, MK Community Foundaknon, an increase trom £186,194 the year before. Our spending during the
2024125 year was £182.448 compared lo £208.500 the year before. We ended the year wilh balances of £83,001 being
an increase of £19.218 on the previous year.
Reserves Pollcy
It is the policy of the tharily that unrestricted funds which have not been designated for a spe¢ifi¢ use should be
maintsined al a level that wll meet aggregate expectatians of liability. assessed by Trustees in 2018 as arourNJ £25k lo
be kept under review. This was gernerally aGhieved during 2024125, whi-h ended with £51,456 unreslricled fund5, The
charty had restricted reserves from grants previously received of £18.825 at thg slart, and £31.545 at Ihe end of the
24125 year, reflecting programmes that would be delivereij in 202516, particularly MK LitFest. The Charty has no
endowments or legacies.
Risk management
The trustees have assessed the major risks lo which the chanty is expose<J. and are sali5fie(J that systems are In place lo
mitigate exposure to the short-lem risks. The Board IS preparing stralegies to mitigale the mgjium-tem risk of not
having premises at conclusion of our Bumers Lane lease in April 2030
Plans for the future
Our current plans for the future revofve around three key issues:
Maintaining and improving our premises at Bumers Lane and developing a premises strategy for growth and survival of
Arts Central beyond Ihe end of our current lease al Bumers Lwe lo mainiain the provisK)n of affordable art studios in
Milton K8yn8.
Inueasing opportunities lo participate in ueative arts and writing by dèveloping varied programmes taryeted at Ioe81
communities.
Delivtrring a broader artist and wiiter development piogramm8 lo studKI-hold8rs and AGMK m8mb8rs and cr*ativ8s
across Milton Keynes. both within literature and visual arts.
Page 3

ARTS GATEWAY MK LIMITED (REGISTERED NUMBER: 06602989}
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Stru¢tvre, govemance and management
Arts Gateway MK Limited is a company limited by guarantee. incorporated on 27 May 2008 in England and Wales,
company number 06602989 and is governed by ils Memorandum and Artides of Association, as amended on
11 November 2008.11 has also been registere(J with the Charity CommissK)n since 24 November 2008. The lrnstees, who
are also the d1￿ClOr$ for the wrpose of company law. and who served during the year and up lo the dale of signature of
the financial statements were..
JVMBe51
T De Sousa
M North (ap￿inted 15 Juty 2024}
Z Raven Ilappointed 15 July 20241
J Fernandaz (appointed 25 March 20251
A Alagha (appointed 15 August 20251
A Sharma lapFX)inted 7 October 20251
K Ranyard lappointed 17 November 2Q251
A A Patel lappoinled 17 November 2025)
A Shaw (resigned 18111120241
D S Millis (resigned 18111120241
L s￿Ven lappoinled 20105120241 Iresigned 1811112024)
N Cults lappointed 20105120241 (resig￿d 19105120251
J M Stewart (resigned 03104120241
M L Thomas-Asante (resigned 20105120241
J E Willis (resigned 03106120241
F Hameed Iresigned 9112120241
The company is managed by a board ol unpaid trustees which has ranged from 5 to 8 members, meeling six limes a
year. All of the Trustees are rnembers of the CL)mpany and guarantee to contribute £1 in the event of a winding up.
Pot8ntial trustees with an interest in the arls and with skills to contril)ute to the charity's stratogy and dev8lopmgnl are
recruited frrmn the Milton Keynes area_ The Memorandum and Articles of Asso¢iatK)n provide for up to 12 Trustees to be
appointed by the Board, currently with no time I mil on period seNed. The Board from time to lime identifies skill gaps we
WOU￿ like filled. Where suitable candidates are identrfied they arè inviled for an infomial cMversation and to observe at a
tM)ard meeting. Incoming Trustees are requirec lo accept the tharity's policies and Trustee Duties, Responsibilities and
Cod• ol Conduct.
The Board intends to inuease the number of Trustees and ensure we remain fil for purpose going fotward,
None of the Trustees has any k)eneficial interest in the company.
Day lo day management of operations is delegated lo an office manager and a part-time PAYE employee. Other
members of the team are contracted lo work on short-lem projects.
This report has been prepared in accordan￿ swth the special provisions of Part 15 of the Companies Act 2006 relating lo
small companies.
Approved by order of the tKJard of Iruslees on 19 D￿rnber 2025 and signed on its behalf by..
J V Best - Trustee
Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ARTS GATEWAY MK LIMITED
Independenl examiner'5 report to the trustees of Arts Gateway MK Limitedllhe cornpan￿)
I report lo the charity Iruslees on my examina11￿ of the accounts ofthe Company for Ihe year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company land also its directors for the purposes ol company lawl you are responsible for
the preparation of the accounts in accordan￿ with the requirewits of the Companies Act 2006 llhe 2Tr)6 Act'}.
Having satisfied myself that the accovnts of the Company are r¥)t required to be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I rewjrt in respect of rny examination of your charity's accounls as carried
out under Section 145 of the Charities Act 2011 {'the 2011 Ad'l. In carrying out my examinatson I have followed the
Directions given by the Charity Cownmission under Section 145{51 {bl of the 2011 Act.
Independenl examinerfs statement
I have completed my examination. l Confimi that no matters have ￿me to my attention in connection with the
examination giving me cause to believe".
accounting records were not kept In respect of the Company as required by seckn.on 386 of the 2006 Act,. or
the accoun15 do not aGcord wth those records; or
Ihg accounts do not comply with the accountiry requirements of Section 396 of the 2006 Acl other than any
requirement thal the accounts give a true and fair view which is not a matter consKlered as part of an independent
examination- or
the accounts have not been prepare¢ in accordan￿ with the methods and principles of Ihe Statement of
Recommended Practic* for accounting and repcxb.ng by charities lapplirable lo charities preparing their accounts
in aC(X)rdan￿ with the Flr)ancial ReFXKting Standard appluble in the UK and Republlc of Ireland IFRS 102)).
I have no concems and have come across no other matters in conneclion with the examination lo which attention should
be drawn in this report in order lo enable a protEr understanding of the accounts to be reached.
Tom Fool FCA (Honorary repthing Accountsntl
Ad Valorttm AccoUnt￿¢Y Servic8s Limited
Chartered Certified Accounlarts
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keyrnes
Buckinghamshire
MK12 5NN
19 De￿mber 2025
Page 5

ARTS GATEWAY MK LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricted
fvnd
Notes
INCOME AND ENDOWMENTS FROM
Donations and legaci&s
6,642
39.995
46,637
50,412
Other charitable aciiviiies
Totsl
152.134
158.776
2,895
42.890
155,029
201,666
135,782
186,194
EXPENDITURE ON
Raising funds
75
1.017
1,092
672
Charitable activities
Charitable activities
141.039
28.590
169.629
191,896
Other costs
Totsl
11,164
152,278
563
30,170
11.727
182,448
15,932
208.500
NET INCOMEIIEXPENDITUREI
6.498
12.720
19.218
122.306
RECONCILIATION FUNDS
Total funds brought forwar
44.958
18.825
63,783
86.089
TOTAL FUNDS CARRIED FORWARD
51.456
31.545
83.001
63.783
The notes fomi part of UEse fttianual statements
Page 6

ARTS GATEWAY MK LIMITED (REGISTERED NUMBER: 06602989}
BALANCE SHEET
31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricted
fvnd
Notes
FIXED ASSETS
Tanglble assets
48,777
48,777
67,123
CURRENT ASSETS
Debtors
Cash at bank
10
38,327
38,327
18,883
53.168
31,545
84.713
70,686
CREDITORS
Amounts falling due within one year
{50,489}
{50,4891
124.153
NETCURRENT ASSETS
2.679
31,545
34.224
46.533
TOTAL ASSETS LESS CURRENT
LIABILITIES
51.456
31.545
83,001
113,656
CREDITORS
Amounts falling due after more than one year
12
149,873
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds
TOTAL FUNDS
51.456
31,545
83,001
63,783
14
51,456
31.￿5
83.001
44,958
18.825
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ènded 31 March 2025.
The members have not required the company lo obtsin an audtt of its financial statements for the year en¢Jed 31 March
2025 in accordan￿ with Section 476 oflhe Companbes Act 2(Th.
The Iruslees ackn￿edge their responsibilities lor
{al
ensuring that the charitable company keeps accounting records that compty with Sections 386 and 387 of the
Companies Ad 2006 and
prep¥ing financial slatemènts which giva a trua and fair vièw of tha stata of affairs of tho charitable company as
at the end of each financial year and of ils SLrplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otheThMse comply wlh the requirements Df the Companies Act
2006 ￿lating to financial statements, so far as applicable lo the charitsble company.
{bl
The notes fomi part of UEse fttianual statements
Page 7
continued...

ARTS GATEWAY MK LIMITED (REGISTERED NUMBER: 06602989}
BALANCE SHEET- ¢ontinued
31 MARCH 2025
These financial slalements have been prepared in accordance with Ihe provisions applica￿e lo charilable companies
subject to the small companies regime.
The financial statemenls were approved by the Board of Trustees and authorised for issue on 19 December 2025 and
were signed on its behalf by..
J V Best - Trustee
The notes fomi part of UEse fttianual statements
Page 8

ARTS GATEWAY MK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit enlity under FRS 102. have been
prep*ed in accordance with the charib.es SORP IFRS 1o21'AeC￿nIlng and Reportillg by Charities.. Statement of
Recommended Pracli¢e applicable lo charities preparing their accounts in accordance with Ihe Financial
Reporting Standard applicable in the UK and ReJuNic of Ireland IFRS 1021 leffectwe 1 January 20191,, Financial
Reporting Standard 102 'The Financial Re￿rtsng Standard appIl￿ble in the UK and Republic of Ireland, and the
Cornpanies Act 2006. The financial statements have beer prepar￿ under Ihe historical cost convenb"on.
INCOME
AJI income is recogniseé in the Statement of Finanoal Actiwlies once the Charity has entitlement lo the funds, 51 Is
prob*ltr that Ihe income will be r￿1Ved and the amount can be measured reliably.
EXPENDITURE
Liabilrties are recognised as expendiluie as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable thal a transfer of economic benefits will be wuired 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 ag Jregate all cost related to the category. Where costs cannot be directly
attributed to particular headings Ihey have been allocated to aclivilies on a basis cons¢slenl wilh the use of
resi)urc8s.
TANGIBLE FIXED ASSETS
Depreciation is provided al the lollowing annual rates in order to write off each asset over its estimated useful life.
Lané and buikling
Fixlures and fittings
10% on ¢y)st
25°h on cost
TAXAMON
The charity is 8xempt from corFMJration tax on its charitabl8 activitios.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the chanlable objectives * the discretion of the trustees.
Restricted funds can only be used for particulai restricied purwses wilhin the objects of lh* chaiily. R8Strictions
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 lo the finanaal slalements.
PENSION COSTS AND OTHER POST4ETIREMENT BENEFITS
The charitable Company operates a defined contribution pension scheme. Contribulions payable lo Ihe charitable
company's pension scheme are charged lo the Statement of Financial Activities in the period to which they rel81e.
GOING CONCERN
At the lime of approving the financial statements. Ihe truslees have a reasonable expectation that the
Ghartty has adequate reSoUr￿S to continue in operationa existen￿ foi the foreseeable future. Thus the Iruslee5
continue lo adopt the going concem bass of accounting in prepariig the financial slalemenls.
Page 9
continued...

ARTS GATEWAY MK LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
DONATIONS AND LEGACIES
2025
2024
Other grant income
Donations
44,999
1.638
45,775
4,637
OTHER CHARITABLE ACTIVlnES
2025
2024
Venue hire fees
Membership fees
Other income
125.284
1.546
28.199
155029
118,692
1.384
15,706
135 782
RAISING FUNDS
RAISING DONATIONS AND LEGACIES
2025
2024
Advertising & marketing
672
NET NCOMEIIEXPENDITURE)
Nel incomelexpenditur& is slated after charging depreciatrjn of £19,37612024= £18,878).
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remuneratK)n or other beneffts for Ihe year ended 31 Mar(* 2025 nor for the year ended
31 March 2024.
TRUSTEES. EXPENSES
J Best. a truslee of the charity, was reimbursed for expenses totslling £22712024.. £4521 incurred on behalf of the
charity for propety maintenance. event costs and general supplies_
EMPLOYEES
avèragè mtsrtthly numbèr of employÈes during thè yèar was 1 (2024 - 1).
Page 10
continued...

ARTS GATEWAY MK LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivmES
Unrestricted
fund
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legaGies
6,663
43,749
50,412
Other charitaNe activities
Total
125,536
132,199
10,246
53,995
135,782
186,194
EXPENDITURE ON
Raising funds
672
672
Charitablè activities
Charitsble activities
136,008
55,888
191,896
Other costs
Total
15,246
151.254
686
57,246
15,932
208,500
NET INCOMW(EXPENDITURE
119,0551
13,2511
122,3061
RECONCILIATION OF FUNDS
Total funds brought forward
64,013
22,076
86,089
TOTAL FUNDS CARRIED FORWARD
44.958
TANGIBLE FIXED ASSETS
Fixtures
and
Ilttlngs
Land and
bullding
Totsls
COST
At 1 April 2024
Addil#)ns
At 31 March 2025
DEPRECIAMON
At 1 April 2024
Charge for year
At 31 March 2C)2S
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
77.083
56,383
1.030
57,413
133,466
1,030
134,496
77.083
36.165
7.708
43.873
30,178
66,343
41.846
85.719
33.210
40918
Page 11
continued...

ARTS GATEWAY MK LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
10.
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Trade debtors
Other debtors
Prepayments
25,325
1.231
11,771
7,837
500
11.
CREDITORS: Amoupifs FALLING DUE WITh14 ONE YEAR
2025
2024
Trade creditors
Social security and other tsxes
Other creditors
Loans
Accruals and deferred Income
12.850
13.191
105
2.019
3,040
25.362
8.7S3
50,489
24,153
12.
CREDITORS: Amoufrifs FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Other loans Isee note 13)
Fixed rate 20k unsecured loan notes payable in 5 years.
13.
LOANS
An analysis of the maturity of bans is given below:
2025
2024
Amounts falling due in more than fve years-
Repayable otherwise than by instalments:
Other long term loans
14.
MOVEMENT IN FUNDS
Net
movement
in funds
At 114124
At 3113125
Unrestrlcted lunds
General fund
44.958
6,498
51,456
Restricted lunds
Restn"cted fund
18.825
12,720
31,545
TOTAL FUNDS
63.783
Page 12
continued...

ARTS GATEWAY MK LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
14.
MOVEMENT IN FUNDS - continued
Nel movement in funds. included in the above are as foll¢y+¥S.'
Incoming
resourGes
Resources
expended
Movemènt
In funds
Unrestricted funds
General fund
158.776
1152,278}
6,498
Restricted funds
Restricted fund
42.8
(30,1701
12,720
TOTAL FUNDS
201.666
182,448}
Comparatlves for movement In funds
Net
movement
In funds
At 114123
At 3113124
Unrestricted fund$
General fund
64.013
(19,055)
44.958
Restrfctod funds
Restricted fund
22.076
13,251 }
18,825
TOTAL FUNDS
86.089
63,783
Cornparative nel movement in funds. included ID the above are as fol￿5..
Incoming
r8sourcg$
Resources
gxp8nd&d
Movemenl
In funds
Unrestricted funds
Geneol fund
132.199
1151,254}
119,0551
Restrfctsd funds
Restricted fund
53.995
{57.246}
13.2511
TOTAL FUNDS
186.194
208 500}
22,3061
Page 13
continued...

ARTS GATEWAY MK LIMITED
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
14.
MOVEMENT IN FUNDS - continued
A current year 12 monlhs and wior year 12 months combined posilion is as follows=
Net
movement
in fund$
At 114123
At 3113125
Unrestricted funds
General fund
64.013
112.557}
51,456
Restricted funds
Restricted fund
22.076
9,469
31,545
TOTAL FUNDS
86.089
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows=
Incoming
resources
Resources
expended
Movement
In funds
Unrestricted fund$
General fund
290.975
(303,532)
112.5571
Restrfctod funds
Restricted fund
96.885
(87,416)
9,469
TOTAL FUNDS
387.860
15.
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 March 2025.
16.
RESTRICTED FUNDS
Restricted funds balance as of 31 March 2025 consist of Ihe fdlowing..
Rowan Centre
CARC
Lit Festival
Director
Film
1.100
1.351
18.684
10.000
410
Total
31.545
Page 14

This document was delivered using electronic communications and authenticated in
accordance with the registrar's rules relating to electronic forni, authentication and
manner of delivery under section 1072 of the Companies Act 2006.