2024-03-31-accounts

SHAPESHIFtER ' PRODUCTIONS L TD SHAPESHIFTER PRODUCTIONS LTD {A company limited by guarantee) REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 www.sha eshifter roductions.com Company number.. 06142524 Charity number. 1141763

SHAPESHIFTER PRODUCTIONS LTD Contsnts Charity Irrformatlon Dltectors. arKI TnvJlee8' Report Report ofthe Indgpendent Examti statement of Financid Actfvibes Balance 8heet Not•s to the Flnanclat Statement• 4t09 10 11 12 13to1S

SHAPESHIFfER PRODUCTIONS LTD Charfty InfomiatloTh Board ofTNslee8 Mrs Joanna Nolan (Chair) MsAison Jones Mr Mark Kendrick Ms Milica Milosevic Mrs Lorraine Cox Mr Eamonn Flynn Ms Mandy Worsler Artistic Dire¢tor Alison Jones C￿MPanY number. 06142524 Charty numbèr. 1141763 Registered Office.. 11 Batton House, The Drr¥e London E17 3BX l•lebsite WAfy¥.shapeshifter-productions.c( Independent Examiner. Misbahul Karim FCCA MMK Chartered CertifiedAccountants 3P Fl¢)or. One Canada Square Canary Wharf London E14 SAA Bank•rs: Santander PO Box 10102 21 Prescot Street London E18TN

SHAPESHIFTER PRODUCTIONS LTD TRUSTEES. ANNUAL REPORT For the yoar •nded 31 March 2024 The direclor5, who are the Truslees ￿ the c￿￿16￿bIe company for purposes of chadty law, present their annual report and financial staterYrts <rf Shapeshifter Productions Ltd for Ihe year ended 31 March 2024. The financlal statements have bogn prepared in xo)rdance with the a￿OUnting pOI￿leS set OLrt in note 1 to the accounts compty with Ihe Charrtab￿ company's goveming d￿ument, the Companles Act 20C6. and charities ragulati¢MS. A¢￿￿nting and Rep¢)rtwig by Charities.. Slalemenl of Recommended Practice ISORP 201S). appl￿￿18 lo dwriti85 prepwing their &counts In ac￿rdance wilh the Financial Reporting Standard applKabl8 ￿ the UK arKI Republtc of Ireland published on 18 Juty 2014 IFRS102). sTrUCTu￿ GOVERNANCE AND ￿NAGE￿IeNT Gov•mln9 do¢um•nt Sh4pé8hlft•r Product￿￿ Limited 18 a c(xnpary Itmbted by guaranle8, rngistered wlh Companle8 House on 7 Mard) 2007. and registered as a charity with the Charity Commi$8ion in Eno￿ftd and les on 6 May 2011. The Charity is govomed by its Memcrfandum and Artth of A8sc¢f8tlon 88 ndod by I￿¢181 f••olullon reglstwl at Compari08 House on 12April 2010. Th8 governance of the charity is thè reSp￿￿1b￿1fy d th8 Trust•8¥. Day4W rn8nogem8nt h by the Artlstlc Director and Iho Gonornl M8nager. RKfultm•nt and Appolntm•nt of TNst• Vthen it IB neceuary to •ppolnt Tnotees, to eilher 8 Tnjstee 8tepplng dcmn or a gap of eypert5se In the Board ts bjentrf￿d, recnJitffnt will initiaNy btyin by an open call •nd through th trwork8 01 the Board aThd m￿￿n•Trt t8n. fvpp1￿ts ￿11 bo by th• Trustees and 8ucce88ful applicants will be invtied lo attend a Trustee rrthting. FolbiNJ thi#. on the proviston that th¢ Board are satisfied and the opplicant still to jryn th8 Tntstee Board, they will be appointed. No othar p8r8on or ￿eMaI bc 1$ Mthlod to appow wy Tnjstees ofthe chwity. Inductlon •nd trnlnlng of TnMI• The charity prov¢des new Twstees wilh an W￿￿CtiOn pad( and m8ntNing from exisltry Trust￿$. Now Tru8lee8 are dso Strongty encouraged lo m8el with current Board mwnber8 and the Artlsllc Dlreclor and General Manager. over the initial feat month8 in cKder lo gain a full and unbiased understsndlng cllho charty. The directors of Ihe wywny aro its Tnt8es fr PU￿ of the Chwly Lww arKI are refewed lo cdlectlvely as Trustees in this reporL The Trustees servirwJ during th• sinc• Ihg yearnd as foll(Y4¥S: MS Lorraine Cox Kqr Eamonn Ftynn- ¥poiiled on 181h Juty 2tr23 Ms Joanna Nolan {Chakl MsAlison Jones Mr Mark KendriGk Ms Milica Mitr￿￿¢ Ms Manty V4brcester

Related party relationships The Charty has ￿nSIdered the disclosure requirements of the SORP for ￿lated party relationships and believes that there are no related paty retationships other than the Twstees and their Close ¢onne¢tions. All ielated paty transactions have ts￿Tr reported in the Notes to the financial statements. Risk management The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. Remuneration of key management personnel Alison Jones provide5 her time a5 Trustee on a voluntary basis. However, in accordance with the charity's governing document and the Board of Trustees, il was agreed thal she would move to PAYE for 3 days a week as Artistic Director ftom 1st April 2022 and sPLe may still Invol￿ for her CreatNe work. as a musicianlworkshop fa¢ilitstor. Alison is a member of the Musicians, Union, and all professional creative fees are guided by the Musician's Union rates. Purpo$e$ and aims As sel out in the governing document. the object of the charity is to advance the arts for the public benefit by the promotion in particukr. but not exclusivety, of the art5 of drama and music. Principal activities of the charty The charity's main a¢iwities are uftdertaken to fijrther Shapeshtfter pr￿uctIOns. Charitable purposes for the public benefit. These are primarily funding dependent, focusing on delivering original, high quality cultural projects that actively engage and infomi communrties while enhancing confidence, wellbeing, selfosleem and reducing isolation. R￿Ular actniity.. The Smiling Sessions-. Since 2011. our participatory singing project has reached 41￿0+ isolated and vulnerable senior adults in carelsocial housing across deprived areas of London and South East. Our world-class artists deliver sessions fortnightly on Thursdays and Fridays, into communal living rooms of our beneficiaries to irnprove heafth, welkbeing and happiness. In response to COWD-19, we CTealed a free music video App wrth ￿lebrty guests and on screen lyrics.. www.smilingsessions.c(xn or YouTube htt s".Ilbil.113nmuE7D. In December 2023, as a tribute to Shane MacGowan, we filme(I "Fairylale of New York- . hit s.'Il oulu.be18KzllizaUwY ACHIEVEMENTS AND PERFORMANCE: REVIEW OF ACTIVITIES FOR THE YEAR Public benefit The Trustees have referred lo the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objective5 and in planning its future aclivilies. In particular, the Trustees consider how planned activrties will wntribute to the aims and objectives that have been sel. Review of activlties The year focused on.. the Continuation of delivering fun. engaging, live singing sessions to senior ciivzens. bringing wortd-class artists into shef(ered housing and care homes to create a sense of joy and purpose while reducing loneliness expanding The Smiling Sessions geographicalty- new area.. Dover developing relationships with new housing partners." Dover District Council & Housing 21

the development of our collaboration with Gaia's Company, developing material. holding meetings and researching new partnerships lo start phase 2 rigorous fundraising programme lo support immediate delrvery and long4em) sustainability for the charity Overview: From April 2023 to March 2024, we delivered 103 participatory singing sessions, including 19 Christmas parties, lo 26 different sheltered housing schemes and 9 drfterent care home5, across London and Kent Regular meetings about the development of-Gaia & The Globe" wrth Peter Horton, di￿¢10¥ of Gaia's Company and our RCE sponsor Neil Herrington ison Jones reioined RSA (Royal Society for the Artsl on behaw of Shapeshifter Productions. RSA published an article about Gaia & Ihe Globe in 'Arts in the Spotlight, featu￿ for the upcoming Issue 3, 2023 joumal, September. themed 'regenerative planet. With support from a volunteer. we created a blog." htt."IlwNvw.sha roductions_eomlour-blo We ran a fundraising campaign through the Big Gwe. under the theme, Arts For Impact 2024, and raised £2,500 match funded by The Big Give supporters, reaching our target of £5,000 Hello Magazine published an Ènterview with Clive Rowe. our patron. promoting Shapeshifter Productions, work and the Big Glve campaign Violaine Bailleul, General Manager. trained lo ￿arn about "Crowdfunding for the Cultural Sectorf, lead by A$S￿llOn for Cuttural Enterprises and attended an online session about "How to Gel Started wrth Communty4ed Monitoring and Evaluation. organised by Arts Council England eshrfter- Funding raised in financial year ending 31st March 2024- -Arts Council England- £2.925 final payment110%1 for the proiect"Smiling Across The South East. - The Pa￿Y Trust- £3,000 towards The Smiling Sessions in Brighton & Hove Nolling Hill Genesis Impact Fund - £11,077 towards The Smiling Sessions delivered at NHG schemes Arts Council England - £26,730 towards the project "Combating Loneliness Imth The Smiling Sessions" - The Garfield Weston Foundion - £7.500 towards The Smiling Sessions in London and the South East over 12 months -Ashley Family Foundation Limited- £9.120 towards The Smiling Sessions in London and the SoLrth East over 12 months - The Lawson Trust- £S.000 towards The Smiling Sessions in Kent & Sussex - The Childwick Trust- £8,000 towards The Smiling Sessions in London and the South East over 12 months - The Field Famity Charrtable Trust- £2,000 towards The Smiling SessK)ns in London Kent Community Foundation - £5.000 amount carrieil fo￿ard because the Project started in April 2024 - Social Enterprise Kent - £3,630 amount carried forward because the project Start￿ in April 2024

PROGRAMME OF ACTMTY: Shapg8hifter Production8 coIFaborated wlh". P•ab¢>dy. delivering 24 8ession8, from April lo June 2023. 10 8 she￿red housing schèw*s and 7 Chrtstmas parties. in December 2023. to 7 8heltered housing Schemes situated in Chelsea, Hackney, Lewisham, Soulhwatl(. Thamesmead and Wandsworth. Reaching 190 re8ldents NHG. delivering 22 sessions from September to D8tember 2023. includlng 6 Christmas parties, to 8 sheltered housing schemes situated in Brent, E81in9, Dagenham and Newham, reaching a total of 119 residents VIGtorla Nurnlng Homes, Sal Care Homes, Hythe Care, Houslng 21. Dover Dlstrlct Councll in Ihe area of Kent {Folkestone & Hythe and Dover), deliverin9 37 sessions, from Juty 2023 lo March 2024. to 8 care homes and 1 sheltered housing scheme. reachlNJ 167 residents Hackney Houslng wlth Care. deliverin9 12 s85Siryts to 4 shéltered housing $¢h•m¢s Si￿ated in Hackney, reaching a lotsl of 55 residents Sanctuary Car•, dellverlng a Chrislmag party to Birchwo(pJ Care Home in Redbrvjge PLANS FOR FUTURE PERIODS 20242025 and onwards: to extend Th8 Smiling Sessions. reach across London and the South East (SE). tsrgeting deprived area8. where loneliness 18 prevalent. while maintaining some gxi¥ting partners To develop our new partnershlp with Parkinsons, Centre for Integrated Twigs (cpir), based at University of Kent, Canterbury. The senior management are including our project in their next National Lottery b¢d. lo fund sessions fortnightly for one year in Canterbury, ar eventually in tsvo new cenlres they would like lo open in Thanet andlor Medway, later in 2025. are also h¢)ping to add stroke and brain injury to their service which will increase attendance fvrther to continue spreading th• word ab¢xrt our free on-line singing resource and raise awareness aljout the impact of singing on health & Wel￿81ng continue developing the monltoring system of the Impad of song and wall￿aln9, working cbsety with housing partners, Sourcing specialist organisations {CPIT) and training Gaia'$ Company and Shapeshifter Produ¢tion$ to continue developing diffgfent strands of the 'Gaia & Thg Glob8, project to deliver across the UK and longer lerni, intemationally onsolidate the long4orm sustsinabilty of th8 Gharty and projects through Securing ongoing project and core funding, continue to build our financial reseNes and explore new sources of income Streams

FINANCIAL REVIEW Flnanclal pérformanc8 and posltlon Total income for the year amunted to £91.004 {£134,063- 20231 total expenditure amounted to £103,811 (£133,931- 20231. The Charity incurred a net deficit for the year of £12.807. Détails of charty's )Inanckg1 resuhs are 8h¢)wn in the Statement of FinancialActNities on page 12. Golng Concern The Tn￿tea5 have considered the Charity's reserves and projected income and expenditure. and have a reasonable expectation that the charitsbb ￿MpanY has adequat& resources to conlinue In operational existence for the foreseeable future. F¢x this reason. they continue to adopt the golng concem basis in preparing the fina￿101 ststemenls. Reserves Pollcy Th& charity currently has four months reserves in place, covering four months overheads expenditure, including our Artistic Director's fee for one doy a week. In the Trustees, view, thè r¢s•rv8s should provide the charity wth adequate financrdl stability to meet th& working capital r4uirements of the charity and the Trustees are confident that at thls level they would be ablg to continue the current activili88 of the charity in the event of a 8wJnificant drop in funding. The Tru81ees revtew the amount of rese￿e8 that are requir￿ to ensure th* they are adequate to fulfil the charity's continuing obligations on a quarterly bas18 at their financè meding. At thè yèar end, the unrestricted funds balance was £8.604. which Is lust Ovgr required levels al an 85timaled £1,800 of mnthty overhèad costs.

STATEMENT OF TRUSTEES RESPONSIBILITIES

Company and Charity Law requires the Trustees to prepare financial statements that give true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the Trustees are required to:

• Select suitable accounting policies and then apply them consistently

• Make judgments and estimates that are reasonable and prudent

• State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements

• Follow the methods and principles of the Charity SORP; and

• Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the group will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity 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 charity and financial information included on the charity's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.

PREPARATION OF THE REPORT

In preparing this report, the Board of Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the Board of Trustees on . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and signed on their behalf by:

Ms Alison Jones Trustee

9

INDEPENDENT EXAf¥11NER'S REPORT TO THE TRUSTEES OF Shapeshlfter Produdion$ Ltd For the year ended 31 March 2024 I report on thè accounts ol the company forthe pertcd ended 31 March 2024. whlch are set out on pages 11 to 15. R95pothe rnsponsibilltles of Trustee8 and oxamln•Y The TfU8tees (who are etso the diTe¢tors of the conrpany for the PUTpose of lawl are r•sponsit*le for the preparation of the accounts. The Trustees consider that an al￿11 is not required for this year under section 14412} of the Charllies Act 2011{the 2011 Act) and that an independent examination is needed. Having satisfied myselfthat the charity is not 8ubie¢t to audit under ¢ompany law arkl 18 eligible for independent examination, rt is my rgsponsibilty to.. examine the accounts undar 8rttion 145 of the 2011 Act" . to follow the procedures laid down in the general direction$ given by the Charity Commission under section 145151{b} of 2011 Act- and . to state whether particular matters have come to my attenlton. Basls of Ind•p•nd•nt examlnerfs report My examination was carried out in accordan￿ with the general diredions given by the Charity Commission. An examination includes a review of the accounting records kept by the charty and ¢ompad$on of the accounts presented with those records.11 also indudes consideration of any unusual items or di5clo$ures in the accounts. and seeking explanation5 from you 88 trustees conceming any such matters. The procedures und8rtaken do not provide all the evidence that would be required in an audit and ¢ons4uenlty no opinion is given as to whether the accounts present a rue and fair VI￿ and the report is limrf(ed to those matters set oul in the statement below. Independent examlnerfs ststernent In ¢onneCt￿n with ry examination. no matter has come to my attentp)n'. (1) which gives me reasonable cause lo believe that in any material respect the requirements.. to keep accounting records in accordance wlh section 386 of the Companies Act 2006.. and to prepare accounts which accord with the accounting records. compty with the acttjunting requirements of sectKJn 396 of the Companiès Ad 2006 and wtth the methods and prinGiples of the Slatemenl of RecommerKled Pracltce.. AcGounling and Reporting by Chariligs have not been met,. or (2) to Wh￿h. in my opinion, attentl)n should be drawn In order to enab￿ a proper ￿ders￿nding of the acwunts to be reached. Misbahul Karim F MMK Chartgred Cg d Accountant$ 10

STATEMENT OF FINANCIAL ACTivmES For the year ended 31 fdARCH 24 Notes Unrnstrlcted Funds Restrlcted Funds 2024 2023 Incoming Resour¢os Donation and legacies Charitable activities 89.452 89.754 1,250 118,138 15,925 1.250 Totsl Incoming Resou￿$ 1.552 89.452 91.004 Resources Expended Charitable actNities 102.137 102,371 132,491 Govamance cl￿1 1.440 1.440 1,440 Total Resources Expended 1.674 102 137 103811 133931 Not Incom• for tho year {122) {12.685) {12.8071 132 Reconciliation of Fund¥: Total fvnds, brougm fopward Totsl fvnds, ¢arrted fomard 16.760 8.604 CONTINUING OPERATIONS None d the Charity's activities were acquired or discontinued during the above tsvo financ4al p￿￿8. TOTAL RECOGNISED GAINS AND LOSSES Thg Charty ha$ no rocogniS￿ gains or losses for the above Iwo financ￿1 peric¥J$. Th6 notes on pages 13 to 15 fomi part ofthe8e accounts.

SHAPESHIFTER PRODUCTIONS LTD 8alancg Shfj•t As At 31 M•rch 2024 2024 2023 Flxed A•uts Offi¢e equlpment 474 474 Debtors Cash al Bank and In hand 560 1,388 23,584 42.533 Amount8 falllng due within one y8ar 12,204 25,488 Re8lrtcl￿ fund8 Unr•#trKted fund8 4,075 16,760 The dlrector8 are 8a118fied that the company18 0nllll8d to exemptlon from the requlrement lo obtaln an audit under 8e¢tlon 477 of tha Companles Act 2006. Tha membern havo not r•qUIr￿ tho company to obtain an audit in accordanca wllh sectlon 476 of the Act. The dlrectors acknLvwledg8 their responsibiltty lor complylng with the rnqulrnmen18 of the CompanI￿A¢t 20C6 with re$po¢1 lo a¢¢ounllNJ rford¥ 3rKI the prepiratlon of accounts. The finan¢l8181atements have been prepared In a¢¢¢xd8nce with Accounting and Reporting by charili95'. Ststemgnt of Recommgnded Pra¢tice appllcable to charitie8 preparing Ihelr a¢¢ounl$ In accordance vllh the Financial Reporting Standard applitsblg in the UK and Republic of Ireland {FRS 102) {effeGtiv¢ 1 January 20151 {Charilies SORP FRS 1021. the Flnanclal Rèporting Slandard applicable in the UK and Ropublic ol Irekgnd IFRS 102) and th8 Companig8kt 2006. The financi81 ¥tatem•nts werg ryproved and authori8ed for i88ua on ................... and Sign￿ on their behalf ty.. M8 Alison Jones. Trustee 12

SHAPESHIFfER PRODUCTIONS LTD NOTES TO THE FINANCIAL STATEMENTS Forthe year ended 31 March 2024 1. ACCOUNTING POLICIES Bash of proparath)Tr of finandal statwngnts r￿Qgnised at cosi or transac￿￿ value unte5S (￿he￿ISe sted in the reknnt notels) to ltr￿e accounts. The financial statements have been prepared in ￿rdarts with the Stalement of Recommended Pract¢ce'. AccountirKJ and ReFMNlin9 by Charthes Fryaring their accourts in accordance with the FInanCk￿ Rewling Standard applicable in the UK and Republ￿ of Ireland (FRS 102} issue(l on 18 Juty 2014 and thg Finanryal Reporting stand￿ appkable in the United Kingdom and RepublK of Ir￿￿ {FRS 102) and the CharitiesAct 2011. The financial statements have been prepwed to give a In arKI f VI￿ have departed from tho Charities lAc￿Unts and Repryts} RgJulati¢)n$ 2008 onty to extent required to provKle a 'true and fair view. This departur8 has invow folk7irwJ SORP 2015 rather than theAccountin9 and Rewting by Charities.. Statement of Reccffirrw￿ed effective from 1 April 2005 {SORP 2005) which ha$ since been withdr?A￿. Publlc bel￿fft èntlty The charth cy)mp8ry meets the defnkn ofa urKler FRS 101 Golry concorn The Trustees consider thai there arn no mwial uncertaintss atth charity's abilty to continue as a going c￿￿er Keyjudgements that the charity has made dfect on tha ac￿Unts I￿lUd0 estimating income and expenditure forthe next 12 months. Income Ine41me re¢c•Jniwl when the th¥ity has entil￿At to the funts: this is WI￿1 any perfomiance condit)ns attachgj to the irK(rfne have been it is that Ihe income b8 received, and that the amount can be measured rew. Inco￿ is onty deferred wh￿. The donor specfies thal the grant or donation must be used in future accounting periods.. or for perfomiance rdated grants, vthwe these are receNed in adVar￿ of the pthances or evwrt to Twhich re. Expfjndhuro and lThfjGovorabh VAT Expenditure is re￿gnISed once there a kgal or ￿nstruct[Ve ot4igation to make a payment to a third party, it is probable that settlement will b8 required and the amount of the oblyation can be measured reliabty. Expendfture i8 ennsidered all to reFate to Charitable actwrtEs and in￿deS the costs of delfvering urthrtaken to furthw thè pwpcw of the chaiity and their a550cHW support costs. Fund accountlng Rèstrtcted funds are to be used tsspeafK purp¢Ees as l•d dtr￿ tytr* dorky. Expendilure whkh meets these criteria i5 charg&J to the fund. Unrestricted frjnds are dorbations and other incoming resources ￿CeIVed or generated for the charitable pU￿￿e$. Designa￿ funds are unrestrided furKI$ ea￿arked by the trustees for wticular purFoses. 13

1. Donatlons and legaclo8 Unrn8trlct•d R•strfctsd 2024 2023 ACE Local authoriti88 Private donations Trusts foundat¢0 29,655 29,655 46,639 1,500 495 302 59.797 302 117738
2. Co•t of Ch•rlt•blo actlvltle• Unrn•trfcted RoJtrlct•d 2024 2023 staff costs. feej staff cost8- wages and 8alarles In$uran¢g Legal and profeBslonal fegs So￿are SlatlonorylSuppll08 Telephone Entertaining Travd and a¢¢ommodatlon Repair and maintenance Advert181ng and PR Equlpment Bank Charges Deprocialion 49,354 45,949 590 363 49.354 45,949 78.464 42.068 740 505 818 121 620 171 6,394 383 1.841 32 363 777 327 327 606 98 3.052 333 3,052 333 683 234 234 102 371 349 132491 102 137 GOV•man￿ Co•t 2024 2023 Indopend•nt Examinorf8 190
3. D•btor• 2024 2023 Sundry debtorn Trade debtors Propayments Staff reimbursement- error 183 345 560 6.Cr•dltor•: Amounts Falllng Due Wlthln One Year 2024 2023 A¢¢rual$ Deferred income PAYE and Nl 1,440 8,630 1,440 14,100 2.215 14

Office ui 7. Tanglbl• FIX￿ amfjts 2024 2023 Cost At 1 April 2(Y23 Addib¢)ns DuruvJ Ihe Year A# al 31 March 2024 3.320 3.320 3.320 Deprecl•tlon At 1 April 2023 Charge for the Year 2.612 2,263 349 As at 31 March 2024 2.612 Net Book Values As at 31 March 2023 As at 31 March 2024 474 8. STAFF COSTS AND NUMBERS l the tharity's staff are hired either on a free18r￿ basi5 or sthy. Tdal staff during the year was £95.303 {2023- £120.S31). aver•Jew• nuntscrfstaff on a head a)unt t￿￿d$ 512023. 5). The trAal employeé b8n•ffts inc sawy ofw ma[HgwT￿t Po￿(￿￿ were £40.32012023. £40,42n. No staff eamed than £60.01￿). irKILMlr¥J b￿. durirMJ the yew {2W23. the Sa￿). 9. TRUSTEES. REMUNERATION AND EXPENSES One of the Tnkstees is a muS￿lan and composer and is pabj the Ma￿et rate for her crealwe woth for the charity, like any other CreatNe staff. The rate of pay is drmined by referen￿ to the Mustcians Union rates. She is aLso the Arknstic DI￿ at the charily. The rnnt pawj to hw during th8 year was £40.320 (2023- £42.42n. No other Trustees r¢cgived ary remU￿alK)n LY payments for seThices ren(red to the tharity OT 10. RELATED PAIUY TRANSACTIONS The charity's Tn￿lee$ and their ck*e COn￿li0r￿ are considered to be the on41 re￿d parties. Tntstees rernunerat￿n and expenses are disc1c￿ed in Note 9. 11. Summary of Funds Brought Forwaryl Incoming Rèsourc•g endod C•rrfèd Forward Unrestricted Funds Restricted Funds 8.726 16,760 24,486 1.552 89.452 91.004 11.6741 8.604 103,811 12,679 15