Compauy T¢gistralion number: 07627420
Charity registration number: 1143958
Proud & Loud Arts
(A company limited by guaranlee)
Annu81 Report and Financial Statements
for th¢ Yc8r Ended 31 March 2024

Proud & Imud Arts
Contents
Reference and AdTDiDi5trative Details
slces, ReEK>rt
2to6
Statement of T￿St¢￿' Responsibilities
Indepcndcnt Examinevs Rcport
Statement of Financial Activiti¢5
BBlance sI￿¢t
io
Note8 to the Financial Stalemellls
111020

Proud & Loud Arts
Reference and Administrative Details
Trustees
Ms J Butler
Ms J Charle8WOrth
MS K Hoye
Mr D Smallcy (appointed l January 2024)
Ms T Drury (appolnted 16 January 2024)
Ms H Skalli (appoillted 6 Fcbnmry 2024)
Dr S P Ruding {8ppoiiilcd 23 May 2024)
Ms J Baidoo (appoint¢d 28 October 2024)
Mr T Hogan
CEO & Artlstlc Dlrector
Charlty Reglstratlon Nunther
1143958
Company RegtstrAtlon Number
07627420
The Charity is incoTporated in England and Walss.
24 Edge Fold CToscent
Worsley
Manchcsler
M28 7EX
Regl.%tered Offlce
PrlDclpal Office
24 Edge Fold CTCS¢¢nt
Worsl¢y
Manchester
M28 7EX
Indepelldcnt E%8rnlner
Beever and Struthers
One Express
l George Leigh St
Manchesler
M4 5DL
Bankers
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
K¢nl
ME194TA
Page I

Proud & Loud Arts
Trustees, Report
Th¢ Trustees, who are directors for thc purposes of company law, present the annu81 report together with the
financial statements of the charitable company for the yw ended 31 March 2024.
Objeetives Ind activiti&s
Aims ofihe Chtsrity
Proud and Loud Arts exists to ensure disabled people are respected as human beings. Through training,
perforn]ance. and advocacy, we provide pathways for disabled arti51s to thrive, cnsuTing lived experience voi¢¢s
are heard, their contributions are rc¢ogni5ed, and the creatsvc industries 8re more inclusive and equitable.
The year 2023124 has been a pivotal year for Proud and Loud Arts. As a National Portftilio Organi5ation with
Arts Council England (2023-2026), our new ststus has sUPPOrtcd significant organisalional and creative growth,
advancing our mission to cmpower disabled artists.
Our Vlslon and Mission
To ¢r¢&te & world wber¢ disabled artl8ts are valued, tr8ined, and given opportunities to excel creatively in an
inclusive and accessiblc perfoming 8rt8 community.
We aim lo lead seclor-wide change by removing barriers to access, foslering collaboration, and creating spaces
for dis&blcd artists lo contribut¢ to the arts on local, national and internatio￿1 stages.
Oiir Core Volmes
Speak Upfor Everyone
Ensuring equ&1 Oppo￿nitI¢5 for all voices to be heard.
Everyone Coiinls
Cclebr8ting diversity Rnd fostering inclusivity.
Always Honest
Emphasising openness and transparency in all our work.
Hlghllghts
Programmes & Evonts
PerfOrMan￿(S)
Ensemble
1-2-1
Engagement Programme
Summer Outreach Programme
Residential
No. of events
Attendance
107
782
16
1337
121
15
78
47
152
16
159
Lookout
Individual projects
31
Page 2

Proud & Loud Arts
Trustees, Report
Achievements and Performance
Salfordmiiseum & Arts '23 Gallery Event.. "Ajfirmations and Ollier Works"
This cvcnl in October '24 aitucd to raise awareness of Proud and Loud Arts in th¢ City of Salford and start
conversation about our developing access training packnge with a vicw to further d¢velopment and testing. The
¢vent wa5 WCII attended and attracted interest from culthral venues across Salford and Manchester. This event
initiated important strategic convetsaliolls. gcneraled paid university bookings and a signifi¢Bnt partnership
project for 2024125.
MMUBrooks Building- Performance
This was a paid booking March '24 for HELP by Janet cl￿rIeSWorth & Dani¢ll¢ Maycox. This work was
Secured from the event at Salford Museum Art Gallery. The audience for this show w¢re social work studen18
who found the show moving, informativc and thought provokng for professional developmcnt. A fi￿￿er
booking for the show has been decur¢d in 2025.
Ensemble
ID April 2023, we invited all our 8tTiliated artists to The Whitsvorth Art Gallery to explore a new and exciting
future for the company. We spcn¢ time together considering our performance style and discussing our appmach
lo perfonnance tn the coming year8.
We decided:
I, To complete one Show for the theatre. The Cratchiis, or'PyTamus and Thisbe,.
2. Continu¢ lo perfomi "Cells- A body of work" & generate interest in Access Training.
AGtivity
Skills Development
Leaming
Characters e4 Film
Outputs
Short YouTube film
Aprll- June
Juno- Aug
Access Training Revièw
Revisit Existin9 Work
A Plan (perforniance)
Sept- De¢
Rehearsal
Perfomance Skills
PerfoTman
Jan - Mar
Meet new Artists
New Skills
Personal Reflettions
Wc also encouraged artists to reflect on their work to dale and consider new pcrsonal ambitions as part of the
En8embl¢ group and as an individual artist. This work took placc as part of a series of1-2-1 meetings.
Page 3

Proud & Loud Arts
Trustees, Report
ngagement Programme
This year we set oul lo d¢v¢lop our engagement programtlles and Consid￿ how we lljight reach and engage new
people, particularly in Trafford.
The Manchest¢r group in March 2024 is IhTiving with our partner at Contact MCR with a cohort of 14
participants attending regularly. This coromitment enabled us to off¢r a full-d&y fornmt wher¢ all but 2 group
Djcmbers accepted thc offcr.
Manchuter Adivity
Leaming
Tern) 1
Considering the audience ColSeclive Storytelling
Voice & Characters
Physicality & Voice
laban
Outputs
Personal reflections
Term 2
Sharing (family & friend5)
Terni 3
Movement
Personal Rellertions
The Trafford Group is a new group Started this year based at Gorse Hill Studi05. W¢ delivered to I I people Ibis
year through in thc Trufford Group, with 7 moving onto professional prO￿arnMeS, and 3 new meinbers
scheduled to join in April 2024.
Tiafford
Term 1
Activity
Devising
Loaming
Story (Romeo & Juliet)
Character development
Outputs
Sharing {family & friends)
A Plan (pÈrforniance)
Torni 2
Characters
Term 3
Rehearsal
Perfomance Skills
Perfomiance
Summer Outreva¢h
This yeals Summer activity sought lo engage commwlities in Trafford and Manchester by off¢rin8 disability
groups a free ¢reAtivc tastcr workshop held in their home venue. The proj￿¢ aimed to broaden our profile and to
rccNit new peoplc to our Tegular weckly programmc. By Collaborating with local Community Capacity
Buildcrs at L&Q Housing we rcachd out to 16 organisatiofys now to us. We dcliV￿¢d tsster to 3 organisations
in Trafford, engaging 49 disabled people.
Organisation5
People
49
Places Fillod
Sessions
121
Lookout
Our Lookout series featured a diverse arrny of ¢ultural experiellc￿. In May* we attend¢d "The Human Hour" at
The tA>wry, and ill Jun¢, we explored the powerful exhibit "Nothing about us wiibout us" at Peoples History
Musewn. The summer month5 saw us rccording at MMU and enjoying "Cinderclla" at Conlact in Dcccmber.
The ncw year began with visits to the Whitworth Art Gallery and Clizclls Assembly at The Lowry. February and
March were filled with perforn)an¢￿ of "Bluebeard" at Horn4 'Jungle Book" at The Factory. and Self and
Otbcr" by Cryptic Arts at Flome.
Events
Venues
Places Filled
Places availyble
80
78
Page 4

Proud & Loud Arts
Trustees, Report
Bendrlgg Residential
In September 2023, we embarked on a significant residential projcct to tbe Be￿lrig8 Trust in Kendal. This trÈp
was designed to ¢ombine creative 2nd adventure activili¢s with rcspitc for our rnemb¢ts and their caregivers.
The accc8sible accommodation and outdoor activities, such as abseilingy caving. and canoein& provided A
perfect backdrop for creative cxploration.
Our key objeclivc5 were to r¢vi¢w previous work, consider new creative approaches, attd create time for creative
play. We &130 aimed lo build relationships with potential new artists. The activilies included rnovcmeDI
exercises inspir¢d by tbe landscape. ￿iling 5e55ions that wov¢ words about natur¢. and voice workshops that
crcalcd nature-inspired soundscapes.
The impact of the trip was profound and personal to each individual and markcd A true end to th¢ cxperiencc of
lockdovrn and a new sense of freedO￿L The then)es of autODomy, peer support, resiliellc4 And routine emerged
strongly, highlighting the transformativc power of Ihe cxpcrience. Looking ahead, we plan to continue building
our team of 8rtisls and develop proposals based on ihe r￿dingS from thc Bendrigg piojwl.
Awards
Oui, n￿MberS received significant recognition for inGlu$ion this year.
Daryll Duncan was honOu￿d 88 a Community Champion at the Greater Manchester Health 8nd Care
Cbampioll AwArds.
. Chrissy Jones won the Creative Community .8pirit Award 8t The Spirit Awaids ID October
Janet Charl¢8WOrth was cclebraled 98 Volunteer of the Year at the Heart of Salford Awdrds irj Novembrr 4nd
featured ill the CVS S8lford'8 International Women's Day campaign.
ProfiKc and FundrAlslng Acllvlty
Charity Ambassador Simon Gregson made a celebrity appearan¢e on "Deal or No Deal" crcating significant
intercsl in the cbarily ond 8 spike of enquiri¢s fi'om disabled people requesting morc infomtion. A buge thank
you to Simon for his efyorts in raising over £15,000 to support our activities.
Concluslon
The year 2023124 has been a period of Signifi￿nI growth and development for Proud and XA)ud Arts. We have
successfully engaged with the community, developed creative projects, and promoted professional development
for disabl¢d artists. Our work Rligns with Ihe Arts Council England's "ixt's Create" stralcgy, contributing to
more creative and cultLLrally rich so¢i¢ty. We look forvdrd to building on Ihesc nchievements in ihr comttig
year.
Plans for Future Perlods
(2024-2025)
Expand engog¢m¢nl prograEDtnes to Teach Jnore participants across Greatcr Manchester.
Implement professional dcvelopment initi&tives to prepare disabled artists ftir leadership roles.
(2025-2026)
. Strengthen collaborations with tjational OTgani58tions to infiucn￿ policy and pw¢i¢e.
. Devclop new creativc works to furthcr chall¢nge perccptions and irL5pirc audiences.
(2026-2027)
• Increase investment to Sustain and grow p￿graMS.
. Solidify Proud and Loud Arts as 8 leader in inclu8iv¢ creative p[aLtsc￿.
Page 5

Proud & Loud Arts
Trustees, Report
Fiiiaiicial revlew
Policy oil resenpes
Proud and Loud Arts maintains a r¢seryes policy to cnBure fmAncial stability and sustainability. Reserves are
held to cover 3-6 rnonths of Lore operating ¢osts. providing a continge￿Y for unforeseen circumstsnces, and
suppoiting the long-lerni delivery of our mission. The r¢5¢TV¢S polxcy is reviewed annually to ensute it remaiDS
appropriatc far the organisation's needs and goals.
At Ilie balance sheet dale the total fi￿dS was £96.241 (2023: £78.071) of whicb £24,818 (2023.. £53,569) IB held
in reslricted fvnds and £4,804 {2023: £6,986) is held in fued assets leaving £66.619 (2023.. £E7.516) in free
reservcs.
Puhlie benefit
Thc Trustees confum that they have complicd with the requircmcnls of section 17 of the Charities A¢1201110
have due regard to the public bencfit byuidance publish¢d by the Charity Commission foT England aThd Wales.
Structurcj governlnce And man8gement
Nalure ofgovernlrtg documepil
The Fund was eslabli5hcd und¢r a Tn]st Deed executed on 9 May 2011 as amended by special resolulion dated
13 August 2018.
The Trust Dced s¢ts out the provi8ions of th¢ Charity for appointiDg and removing Tn￿tee8 from oific¢.
The Chai'ity 18 Colltrolled by ils 8overning documcnl, a Deed of T￿St, and consti￿leS an incorporated Charity.
The Truste&8 who have serycd during the year are set out on pagc l. They meet rc8ul4rly to discu89 matters of
the Charity and it's financial perlormanc¢.
MAJor rlsks aiid iiiaiiogetsieiit of¢hose rlsks
The trnstees have reviewed the risks facing the charity. Tbis involved identifying the types of risks the Cliarity
faces and identifying any means of mitigating those rtsks. As port of Ihi5 process ibe trusiec5 have reviewed the
internal controls and syslcnis have been id¢ntified to rnitigalc Iho8C ri8ks.
SMAII comp#nles provl¥ion statement
This r￿Ort his beeTh pr¢par¢d in accordance with the srnall cofflpttnies regime under the Companxes Act 2006.
Th¢ al￿￿al rcport was approvcd by the T￿￿lee8 olthc Charity ollaol.12ia¥ and signed oll its behalf by:
Ms J Charleswortli
T[￿te￿
Pa8e 6

Proud & Loud Arts
Statement of Truste￿ Responsibilities
The Truslcc5 (who are also thc directors of Proud & Loud Arts for the Pu￿OSc￿ of company law) are responsible
foi. preparing the Tn￿le¢s. report ￿ld the finRllcial statements in a¢¢ordaiice wtth appli¢abl¢ law alld United
Kingdom Accounting Standards (un]￿d Kingdom Generally Accepted Accouiiting Practice). including FRS
102 The Financial Reporting Si&ndard applicable in the UK and Republic of Ireland" Thc report aThd accounts
h8vc been prepared in accoTdance with the provisions in the Companics Act 2006 relating to small compan&es.
Company law requires the TnLStees to prepare tuian¢ial sthtemenls for each f￿￿cial year. Under company law
thc Trustee5 Inust not approve the financial 51&lements unl￿S they are satisfied that they give & true and fair
view of the state of affairs of the charitable company and of thc incoming r¢sourccs aod applic81ion of
resources, includin8 its income and expenditure. of the charitsble comp&ny for th4t period. In preparing these
financial statemenls, th¢ Trnstees are required 10:
select suitable R¢¢oimtiAg policies and apply ihem consistelltly-
observe the methods and principles in the Ckwities SORP.
make judgemen15 and estimal¢s Ihat are re8sonable and prudent;
slat¢ whcther applicablc accounting standards. comprising FRS 102 have been followcd, subject to any
material departures disclosed and explained in thc financial 81&lements' and
prepare the f)nancial statements on the going concern b&9is unless it Is inappropriale to presume thai th¢
charitablc company will Gontinu¢ in busincs5.
The Trust¢es are responsible for keeping proper a¢¢ounling records thal can disclose with reasonable accuracy
at any time the finallcial posilioii of the charitable company and eDablc them lo ensur¢ that the financial
slalemcnls comply with the Companiu Act 2006. Thcy are also responsible for safcguarding the 8S5¢ts of thc
charitable company and hcnce for taking reasonable sl¢ps for the prevenlion and deleclion of fraud and other
irregularitie5.
The Tn￿lee8 are responsible for the maintenaTJce and integrily of the corporate and financial infonnation
included on the charitable companY$ website. Legislation governing the prcparalion and disseTnination of
finaDcial 8l&lemenls may differ from legisl8tiort in other jwisdictions.
Approved by the Tn￿1¢¢$ of tbe Charity on a.o.l.12.12¥ and Si￿¢d on Its behalf by..
Ms J Charlcswotth
Trustee
Page 7

Proud & Loud Arts
Independent Examiner's Report to the trllstees of Prolld & Loud Arts {'the Company,)
I rcporl to the Charity TnL8tecs on my ¢Ka￿]nation of the accoimts of the Company for thc year ended 31 March
2024.
Responslbllltfies and basis of report
A5 the Charity's Trustecs of Ilie Company (and also its directors for the pury)oses of company law) you are
rcspollsible for th¢ preparation of the accounts in accordanc¢ with th¢ requiremeThls of the Compallits Act 2006
('Ihe 2006 Act.).
Having sat18fied myself that the accoun15 of the Company are not required to bc audiied under Part 16 of thc
2006 Act and are elÉgible for independent ¢x8nJinalion. I report ill T¢Speot of my examination of your Charity's
accounts as carried out undcr scction 145 of the Charities Act 2011 ('thc 2011 Act,). In carrying out Jny
examination I have followed the Directions given by thc Cknrity Commission under scction 145(5)(b) of the
2011 Act.
Independent ex4nthier's stAt¢m¢nt
Since the CompAny's gross income cxcccdcd £250.0(M) your examiner must be a member of 8 body listed in
section 145 of the 2011 Act. I confirm that l am qualified to ut)d¢rtako Ihc examination because l am a mcrnbcr
of , which is one of the listed bodie&
I ha￿ completed my examination. I confirni that no matters have conR to my utt¢ntion in connection with the
examination giving ine cause lo believe.-
accoullting records were not kept in respect of Pmud & Loud Arts as required by section 386 of the 2006
2. thc accounts do not accord with ihose records. or
3. the accounts do not comply with the Accounting requircmenls of section 396 of the 2006 Act other than
ally requirement Ibut the accounts give a 'In￿ and fair view, wbich is not a matter considered a$ part of an
independent examination. or
4. the accounts havc not been prL'par¢d in accordance with the methods and principles of the Sialernent of
RecomllLcndcd Piaclice for Mc¢ovnling and rcporting by charities [applicablc to charilics prepai'ing their
accounts in aceordartce with the Financial Rq)ortinB Standard applicable in the UK and Republic of
Ir¢land (FRS 102)].
I have no concerns and bav¢ Corne 8¢ross no other matters in conncGliott with the examtnation to vthicb attention
should be drawn in this r¢port in order to enable a proper understanding of the a￿oUn15 to be r¢a¢bed.
.H.E..fiLp4N.a..f.QA
Beevcr and Struthcr8
One Bxpres8
l George L¢i8h St
Manchester
M4 5DL
Date..
.0.0..! ko..J.o.
Page 8

Proud & Loud Arts
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income alld Expeuditure AccouDt and Statement of Totsl Recognised Gains
and Losses)
Ullrestr5cted
funds
Restrlcted
Total
2024
TotAI
2023
Note
Incorne And Endowmellts from:
Donations and legaciey
Charitablc activities
Investment incon
232,775
13,469
281
1,733
23,960
234,508
37,429
281
16,572
75,241
Total income
246.525
25.693
272,218
91.813
Expendlture on:
Chorilabl¢ a¢tiviti¢s
199.603)
(54.445)
{254.048
132.687)
Total cxpendittwe
Net incomel(expendi￿rc)
Net movement in fwids
(199,603
54,445)
254,048)
{l32,68
46,922
28.752
18.170
40.874
46.922
(28,752)
18,170
(40,874)
ReconeiIlAtlon of funds
Total fiLnds brought foThvard
Total ￿ndS carried forward
24,502
53.569
78,071
96.24l
118,945
78.071
15
24,817
UDrestrlcted
funds
Restrl¢t¢d
funds
Total
2023
Note
Income And Endowments frorn:
Donations and legacies
Charitable activitieb
16,572
8,903
16,572
75,241
66,338
Total income
25,475
66,338
91,813
Exp¢ndlthre on:
Charitable activities
40,412
92,275
132.687
Total expenditu
Net exp¢ndAlJJre
Net movement in fi￿d5
40,412)
92,275
132,687
14.937
25,937
40.874
(14,937)
(25,937)
(40,874)
Reconclliation Df funds
Total fjJnds brought forward
Total funds ￿trIed fonvard
39,439
79,506
118,945
15
24,502
53,569
78,071
All of the Charity's Activities dcrive from continuing operatio￿8 during th¢ above two periods.
Thc notes on pagcs I l 10 20 frimi an integtal part of the6e financial slatcments.
Page 9

Proud & Loud Arts
(Registration number: 07627420)
Balance Sheet as at 31 March 2024
2024
2023
Note
Flxed assets
Tangible assets
12
4.804
6.986
Current X51et$
Debtors
Cash at bank alld in hand
13
1,260
97,8lO
2.336
71,139
73,475
99,070
Credltors.. ArnDUllti falling due wlthin one year
14
7,633
2,390)
Net current A8sets
91,437
71,085
Iyet ll55ety
96.241
78,071
Funds of tbe Charity:
Re51rlcted Ineome fullds
Restricted fvnds
15
24,818
53,569
Unrestrlcted Income funds
Utjrestricted ￿ndS
71,423
24,502
TotAI fullds
15
96,241
78,071
For the financial year ending 31 March 2024 the Charity was cntitled to exernption froin audit und¢T section 477
of the Companies Act 2006 T¢laiing to small companie5.
Director,4' responsibilities:
The members have not required the Charity to obtsin an audit of its acwunts for the year in question i
&c¢ord8ncc with 8cclion 476. and
The dii'ectors acknowledge their responsibililies for complyiug with tb¢ Tequiretmits of the Act with respect
to accounting records and the preparation of accounts.
Thesc finktncial statements have been prepared ill accordancg with the special PTovisions relating to companies
subject to the small companies regÉrne within Part 15 ofthe Companie5 Act 2006.
Tlie financial st4tcments on pages 9 to 20 were approved by the Trustees, and authoris¢d for issue on
gts1.i?.i.a4 and signed on their behaifby..
Ms J Charlesworth
Tr￿te¢
The notes on pages I I to 20 forni an itjlegrnl part of these fU￿￿¢tal statements.
Page 10

Proud & Loud Arts
Notes to the Financial Statements for the Year Ended 31 March 2024
I Charity stat￿$
The Ch8Tity is limited by guarantee. inco￿0[aled in England and Wales. and C0￿cquentlY docs not lthve share
capital. Each of thc Truste&8 is liable to contribute an amount not exceeding £1 towards the assets of the Charity
in the event of liquidation.
The address of its rcgist¢red office is:
24 Edge Pold Crescent
Worsley
Manchester
M28 7EX
2 AccoulltiDg policie8
Summary of sffiglllficant Y4CeOlllltlnE policles and key aeeounllng estlm4tes
The prÉncipal accounting policles applied ill Ihe preparalion of tbese f￿anCIal stalen)enls 8re set out b¢low.
These policies hAve been consisletsily applied lo all the years presented, unlcss oiher+vise slatcd.
StAtcment of compugllce
The f￿ancial slalemcnts have b¢ell Prepared in a¢¢ordan¢¢ with Accounting and Reporting by Charitie&.'
Statement of Recommended Practice (applicable to charitics preparing their accounts in accDI'dance with the
Financial Reporting Standard applicable in the UK and Republic of ITeland (FRS 102)) (isgued ill October 2019)
(Charities SOtIP (FRS 102)), the Financial Reporting Standard applic8bl¢ in th¢ UK and R¢public of Ireland
(FRS 102) and thc Companies Act 2006.
Basis of prcp#rotion
Proud & Loud Arts mecls the definilion of a public benefit entity under FRS 102. Assets and liabilili¢s arc
initially recogllised at historic41 cost or transaction value unless otherwise slaled in the relevaDI accaunting
policy not¢8.
Golng ¢oncerTr
The Trustees consider that there are no n]alerial uncertaintics about the Charity's ability to continue as a going
concern nor any signAfi¢&nt Jr¢a8 of uncertainty that affect the cArrying value of assets held by the Charity.
Exemption from preparlng a c4sh flow stater)eul
The Charity opted to early adopt Bulletin I published on 2 F¢bn￿ry 2016 and have tberefor¢ Dot iDclud¢d a ¢ash
flow 51alement in these fm8ncial slat¢rn¢Thts.
Judgements and kcy source% of estimailon uneertafnty
The PTeparion of the financial statements requires management lo make judgemcnts. cs¢imat¢s and 855umptions
that affect the amounts reported. These est1H￿te8 and judgements are Continually reviewed and are ba￿d on
expei'icncc and oth¢r fa¢lors, including expectations of future events that bclievcd kn be rcAsonable under tli¢
circumstances.
In¢oLnc and cndowments
All in¢om¢ is recognised ollce the charity ha5 entitle￿ent lo the income, it is probable that the incom¢ will b¢
received and the aTnount of in¢ome r￿¢]y￿ble bc measured reliably.
Pagell

Proud & Loud Arts
Notes to the Financial Statements for the YeY4r Ended 31 March 2024
Ilonationj and legacies
Donations from individuals alld other bodies (Dot bciTrg of tbe natrjre of a grnnl) are rewgllised when receivable.
Graiils Yec£ivable
Grunts, whether of a capital or revenue nature. are recognised when Ihc charity has entitlctncnt to the funds
perfonn8nce conditions have beell mel and it is probable that the illcome will be received.
Defevred incoDie
Income is only defe￿ed and included in creditors wh¢n:
- TILe income relates to a fvtUTe o¢COUrttin8 period
- A sales invoice has bcen raised ah¢ad of the work being carri¢d out and there 18 no Colltractual ¢ntitlemeThl to
the
inaomg uutil the work has been done
Not dll th¢ lernis and condilions of the grant bavo b¢¢n met, including the incurring of expenditure and tbe
grant
Ollditions are such Ibat unspcnt grant be refvndcd
Earnedlncoiiie
Bamed income is measured at the fair value of the considerdlion reccived or receivable for services and goods
supplied, nct of discouats.
Expenditure and Irrecoverable VAT
Exponditure is recognised once ther¢ is A legal or constrnclive obligation to m8kc a p&ym¢nl lo a Itllrd purtyi It is
probable that Ihc 8ettlcment will be reqUI￿d 8nd the amount of Ihc obligAlion can be measwed reliRbly,
Raisliigfunds
Cost of raising funds include5 thos¢ a88ocialed with fundraising activities. managing inveslments and
commercial trading by the subsidiary company.
Charl(oble aerfviiles
ChArilable activities Includes costs of UDd¢rthking the work of the ¢h8rily.
The charity is not tcgistered for VAT alld is unabl¢ to recover input t8x. Costs stat¢d inclusive of VAT
wli¢re cliarged.
Support costs
Support costs arc thosc ￿n￿lionS which assist the work of the charity either by supporting the delivery of
charitable activities or by supporting the generation of tunds.
Taxatlon
Lharity is considered to P8SS the le5ts sct out in Paragraph I Schcdule 6 of thc Finance Act 2010 hnd
thereforc it meets the definition of a charitable company for UK corporation tax purposes. Accotylillgly, the
charity is potentially exempt from taxation in respect of income or capital gain5 r¢c¢iv¢d wiihiTh catcgories
co￿[Ca by Chapter 3 Port 1 l of the Coq)oration Tax Ac12010 or Section 256 of the Taxation of Chargeable
Gains Act 1992. to the exlent that such ineome or gai]LS arc applied eXcI￿8)Vely to charitable purposes.
Page 12

Proud & Loud Arts
Notes to the Financial Statements for the Year Ended 31 March 2024
Tanglble flxed a%se¢s
bLvididuul fixed assets costing less tIwL £500 aThd not fornling p&rt of a series of relatcd pur¢hos¢s are not
capitalised, bul aTe written off as revenue ¢xpenditure in the year of acqui5il1o￿.
Depreclation and amorlisition
Depreciation is provided on tangible fixed assets so as to wrilc off the cost or valuation, le8s any cstimated
residual valué over theiT expected usefvl economic life as follows-
Asset ¢l&s$
Offi¢¢ Equipment
Depreclalion methDd and rate
2￿/• pa straightlinc
Ti'ade debtors
Trade and other debtors are Tecognised at the settlement amount due and prepayments are valued at tho amoun¢
prepaid.
CAAh And CAsh equlvalent5
Cash and cash equivalcnls Comprise cash on hand and call dq)osils, and other short-l¢rn highly liquid
inyestmvnls Ibal are readily COllV¢rtible to a known amount of c&8h and are subject to an insignificanl Tisk of
change in value.
Trade credltors 8Dd provl$lons
Crcdilors ond provisions are recogDised where thc charity hAs a present obligation resulting from a past event
Ihul will i)robably result in the transfcr of funds to a Ihird pgrty and the all￿Unt due to settle tbe obligation c8n
bc mea$uT¢d or uliD1Ated reliably. Creditors and provisions 8r¢ nornially recogniscd at their settletnenl amount.
Fiind structure
Unrestricled income funds are genoral fifftd8 that are available for use al the Tnwlees discretion in fvrtherance of
the objeclives of the Chaiity.
Restricted ittconK fullds ore those donAted for use in a particuIar arc8 or for specific PUfPDses, tlie use of which
is reslrictcd to that area or PUqM)se.
Fknuneial lllstruments
ClasslJ7catioii
The charity has only basic fina￿la1 instrumenls whi¢h inilially recorded al cos( subsequently mea¥ured al
Ihcir sciilcjnent value
Page 13

Proud & Loud Arts
Notes to the Financial Statements for thc Year Ended 31 March 2024
3 Inconle from donatlons alld leg¥ci¢5
Unrestricted
funds
General
Restricted
funds
Totsl
2024
Tolal
2023
Donation5 and lega¢ies'
Membership fees
Genei'al donations
Grants.
Grants recelved
13,339
19,436
753
980
14.092
20,416
15.989
583
200,(M)O
200,000
232,775
1.733
234,508
16,572
4 Income from charlt4ble 4Ctlvltles
Unrestricted
funds
Gelleral
Reslrlcted
runds
Total
2024
Accessible pathways ACE
ACE- NLPG
Makaton
NPO Yr 123124
Staring ATW
12,447
4.416
5,000
12,447
4,416
5,000
13,469
2.097
13,469
2,097
13,469
23,960
37,429
Unrestricted
funds
General
Re$trleted
funds
Total
2023
Acce85ible pathwdys ACE
National tA)ttcry A4A
Charitable Trust
ACE- NLPG
Staring ATW ACB
WBA- F.SF 2
Eurned lllcome
5,716
2,205
9,920
2,197
42,525
5,945
3,546
7,921
9,920
2,197
42,525
5,945
3,546
3,187
3,187
8,903
66,338
75.241
Page 14

Proud & Loud Arts
Notes to the Financial Statements for the Year Ended 31 March 2024
5 Inve5ttnent illcome
Unrestricted
funds
Celleral
Totgl
2024
TotAI
2023
Other investment income
281
281
6 Ezpenditur¢ on ¢hArltAble activities
Unrestrleted
funds
General
Restrlcted
funds
TotAI
2024
Creative freelattee fees
Access frcelaDce fees
Other fees
Other project costs
Travel and 8ub51sl¢n¢e
Marketing promolion
Adu]inistralion fees
Offi¢e eosls
Accountallcy and l¢gal fees
Depreciation
Charged to re$tricled fijnds
St&ff costs
13,163
28,215
32,960
7,215
10,919
240
2,409
15.046
6,109
2,182
(54,445)
135,590
13,163
28,215
32,960
7.215
10.919
240
2,409
15,(M6
6,109
2,182
54,445
135,590
254.048
199.603
54,445
Page 15

Proud & ￿ud Arts
Notes to the Fiinancial Statements for the Year Ended 31 March 2024
Unre5trlcted
RestrEcted
funds
GenerAI
2023
Creative freelance fees
Aece&'s freelance fees
Other fees
Other project costs
Tr&vcl und subsistence
Markeliiig and promotion
Administration fees
Office cos18
Accountancy legal f¢¢s
Depreciation
Cbgrgcd to restricted funds
43.904
15,349
17,6
15.225
.168
,690
1,685
32,834
1,265
1,967
94.204
43.904
15.349
17,600
15,225
1,168
1,690
1,685
32,834
1,265
1,967
94,204
38,483
94,204
132.687
7 Net IDcomingloutgolng resource8
Net incominty(oulgoing) resources for the y￿r include..
2024
2023
Other non-audit services
Depreciation of fixed as8¢ts
6,109
2,183
1,265
8 Trustees remuner4tlon and exp¢nses
No Truste￿, nor aThy persons connected with them, have re¢¢iv¢d &rty remuneration from the Charily during the
year.
No Iru81ees have receivcd any reimbursed expenses or any other benefits from the charity during the year.
9 Staff costs
The aggregate payroll costs were as follows:
2024
StAff eosty during the yehr were:
W&ges at]d salarics
Social security costs
Pension costs
117,415
6,915
5,768
130,098
Page 16

Proud & Loud Arts
Notes to the Financial Statements for the Year Ended 31 March 2024
Thc monthly Jverage number of persons (includillg scnior munagement I leadership tearn) employcd by the
Charity d￿l￿g the year expressed as full tim¢ cquivalents was as follow8:
2024
2023
Adminstration
No ¢mploycc T¢ccived emoluments of more than £60.000 during th¢ year.
The total cmployee b¢nefjts of the k¢y management personn¢l of the Charity wcr¢ £48,000 (2023 - £Nil).
10 Independent ex8miD¢r J r¢Jllun¢ratloM
2024
2023
Exarnination of the Financial Sialemenis
Othcr fee$ paid lo examiners
1,750
2,125
600
665
3,875
l.265
Page 17

Proud & IA>ud Arts
Notes to the Ilinaneial Statements for the Year Ended 31 March 2024
11 Taxgtion
The Charity is exempt from tax on income and gains fhlling within Seclton 505 ofilie Taxes Act 1988 or seclion
252 of thc Taxation of CharEeHbl¢ gains Act 1992 to the extent that these ore applied to ils charitable objects.
12 T4ngiblc fixed Rsseti
Computer
equipnient
Total
Cost
At l April 2023
10.915
10,915
At 31 Mai'ch 2024
10,915
10,915
Depreclgtlon
At l April 2023
Charge for the ycar
3.929
2.182
3,929
2,182
At 31 March 2024
6.111
6,111
Net book value
At 31 Mar¢b 2024
4.804
4.804
At 31 March 2023
6,986
6,986
13 Debtors
2024
2023
Trade debtors
1,260
2,336
14 Credltors: amount$ fAlllng due vlthln ome year
2024
2023
Trade creditors
Olber taxatioll and sooial security
Oihcr croditors
Accivals
450
2,533
450
1.940
4,650
7,633
2,390
Pag¢ 18

Proud & Loud Arts
Notes to the Vinancial Statements for the Year Ended 31 March 2024
IS Fulld5
Balance at I
Aprll 2023
Incoming
resources
R￿OurceS
expciided
BalAnce at 31
Mareh 2024
Unres¢rtcted funds
Geiieral
Gen¢ral fvnds
24,502
246524
(199.603)
71.423
Restrlcted fund8
Acce&qiblc Pr4thways
A4A21
Spar¢d
S'taring ATW
ACE- Tate
ACB - NLPG
Makaton
14,180
(7,108)
(3,442)
7,072
3,442
4,126
1,800
1,676
42.525
4,126
2,097
(3,897)
(1.676)
{38,322)
4.417
5,(K)O
8,620
5,000
Total i'estrfct¢d funds
53,569
25.694
54.445
24.818
Total funds
78.071
272.218
254,048
96,241
The 8peeifie purpose for whl¢h the fund8 are to be Applled are as follo)vs:
Accesslble Pathways: R¢tDaindcr of an NLPG grnnt from Art8 councAI England to increase oppor¢unitie5 for
new, emerging & skilled disabled arti81s.
Spllecd.. Funds held in trust for Artist Michael Gleave
ACE NLPG.. Thc ¢od¢ for this should be "Jusl Revolt'y Remainder of an NLPG grant from Arts ¢owicil
England io Support the creative development of our Ihcatrc enscmble.
Makaton: Grnnt awarded from The Thornas Wall Trust for the development of Makaton across thc orgAnisalio]J
202412025.
Page 19

Proud & Loud Arts
Notes to the Fillancial Statements for the Year Ended 31 March 2024
BAlance at
31 MAreh
2023
Balance at I
April 2022
Imcoming
resources
Resources
expeDded
Transfers
Unrestrlcted funds
Geiieral
GLneral fjJnd8
39,439
25.473
(38,481)
(1,929)
24,502
Restrlcted
Acccssiblc Pathways
A4A 21
Spaced
Staring ATW
ACE- Tale
ACE- NLPG
Forever Mauth¢stw-
training
WEA-ESF2
63,815
3,608
2,205
9,920
2.197
(66,020)
(10,086)
3,442
4,126
1,800
1,676
42,525
.929
11,049
(9,249)
(4,269)
5,945
42,525
1,034
(1.034)
3.546
3.546
Total re$trieted funds
79,506
66,338
94,204
1,929
53,569
Total funds
118,945
91,811
132,685
78,071
16 ADilysi% of net Assets between fund8
Unre$tri¢ted
fllnd.
General
Total funds at
31 March
2024
Restricted
ruttds
Tangible fixed asse18
Currcnt assets
Current liabilitie5
4,804
74,252
7,633
4,804
99.070
7,633
24,818
Total net assets
71.423
24,818
96,241
Unrestrieted
funds
Gener41
Total funds At
31 Mai'Lh
2023
Re%tricted
funds
Tangible fixed assets
Current assets
Currcnt liabilities
6,986
19,906
2.390
6,986
73,475
2,390
53,569
Total net assets
24.502
53,569
78.071
17 Related pirty transxctlons
There were no relalcd party transactions in the year.
PaB¢ 20