REGISTERED COMPANY NUMBER: IIS569637 (England and Wales)
REGISTERED CHARJTY NUMBER: 1145203
REPORT OF THE TRusfEES AM)
UNAUDITED FIN_ANCIAL ￿ATEmENrS
21)25
FOR
LeM￿S
Chartercd Certified Accountants
29 Arbor¢tum Sir¢et
Nottingham
Nottinghamshire
NGI 4JA

TAKE I
MrfE
CONT
OR
Nfs OF THE FINAN
31
TEMENT
025
CH
Page
Report of the Trnsle4s
Independent Examin¢r's Report
Statsment of Financial Activities
Baknnee Sheet
CAsh Flow St&t¢ment
Noles to the Cash Mow Ststemellt
io
Notss to the Flnancial Statements
11 to 17

ED
Is
EYE
D 31 MARQL2
The Truslees present Iheir rewrt and thc financia] staleme[￿ of the Charity for the Ye￿ ended 31 2025. The
trustees havc adopted the pmvisions of the Statement of Recommended Pradice (SORP) "Accounting gnd Reporting by
Charities" in preparing the report of t￿ Trustees and financial statements ofthe Ch￿lty.
Thc financial Stat￿nents have ken prepared in a￿dance with the accounting wlici¢s set out in tlotes to the accowits
and comply with the charity's govemin8 documen( the ch￿itIeS Ad 2011 and Accowrting and Reporting by Charities:
Siatement of Recommended Practice applicable to charities preparing their ￿COUnt3 in awrdance with the Financial
Re[￿ing Standard applithle in the UK and Republic of Ireland published in (ktober 2019.
OWEcfIvES AIYD AcfivJTtES
To promote S￿la] inclusion for the public benefit by working with people in Nottingham who are socially exclud¢(L lo
relieve the needs of such p¢ople and &￿ISt them to int¢gBt into society, in pthicular by th¢ provision of education,
training and supwrt.
For the pw)ose of this Glau￿ 'so¢i4lly excluded, mean8 being excluded from socicty, or parts of society, as a result ol
one or nkore of ihc following factors: ￿n￿Lp10ymelll. financial h2rdship' youth" ill health (physical or mental)" substgnce
abuse or de￿IdencY including alcohol and drugs. discrirninalion on the ￿Ulld8 of sex, race, disabilty. ethnic origin,
religton, belief, creed, or sexual OrieELtati0￿ poor educational or skills attainrnen¢ relationship and fatnily breakdown.
poor housing (that is housing that does not rn¢et basic habitable standards). crime (eitber as a victim of crime OT as ai)
offender rehabilitating inlo socidy).
Pagc I

TAKE I
MrrED
REGIS
R:05
REPORT OF
TR
TEES
YEAR ENDED 31
CH2
STrATEGIC REPORT
Achievèrnents aud performance
Foreword from the Head Teacher5
The Board of Directors is proud to PTesent the Take I Indqxndent Sth(K)l Annu&l Rep)rt and Accounts for Ihe fin2ncial
year 2024125. This year h&8 seen wnlinued 8rowd4 innovation, and B)sitive outcomes for our pupils and wider
community. The retK)rt Provides a Comprehensive overview of our thievetnents and t*rforniance over the past y¢ar.
2024125 h&s been a SI￿11r1￿￿nt year for Tak¢ I Independent sch￿1. We have continued to expand our provisioD.
strenglhen our curyiculum. and build lasting partnerships with local authoritie4 schools, and ￿mmunity orgdnisations.
Our pupi15 have Jnade exceptional progress Erf)th academically and t£rsonalty. and we r¢main committed to providing a
eatÈv& nurturing, ￿ aspirational environment for every learner.
Key Acbievememts 2024125
o Maintained Ofsted rating of'Good' across all areas.
o Expansion of cr¢alive curriculum including Health and Filn£g4 Digital Skil]s. and BusitTress Enterpris&
o JLcr¢ased attendan(x and en8agement rates a￿osS all year groups.
o Strengthened stafftraining and professional development in line with KCS]E 2025.
o IM[￿Ve￿ f￿llItieS a(TOSS sits4 including classr￿￿ upgrades and enhanced digital learning environmen
Sehool Overview & Ofsted Sllmm*ry
Take I Indq)endent School provides high-quality, fv1l-t1n￿ education for pupils aged 14-16 who have disengaged from
mainstream du¢ation. Our curriculum combines core subjects (English, Maths. PSHB) with creative vo(ztional
pathways (Music Tecknology, Fitness, Business Entenyise).
The most rec¢nt Ofsied inspection (November 2024) rated the sthool as 'Good' in all ￿ recA)gnising the school's
slr(yng safeguarding culturé inclusiv¢ ethos, and excwlonal pupil telationship&
Direclors, Report
Thi& year h&5 been one of significant growth, developmenL aj￿ a)nsolidation for our org8nisation. Our danc¢
PTogramtDe has continued to go from strength to strength, Teflecting knih the dedication of our team and th¢ ￿M￿lIt￿ent
of our young ￿0p]e. We are proud to report that an increasing num1￿ of our meM￿rS are prO￿sSing inlo professional
work. &8 well &8 gaining places at dance universilies and training institirt10￿s. This achieVern￿t higblÉghts thc
strong foundatioTrs of our programme ￿ the h￿] sthdard oftraining we pmvide.
We have also seen substantial grourth within younger Cohor￿ The rise in participation among our youngw age
OUPS has not Onty Ilemonstratgd incr￿Ing d￿nand but a130 enabled us to restnKture our provision to better meet
the needs of children their families. This development h&s Strengthen￿ leaming opportunitie4 expanded fa￿llY
support. and improved the pathways available to our youngeT membe¥s.
A key colltrli )utor to our growtb has been the use of two operational sites, which has significantly increased our wacity
and enabled greater flexibi]ity in service d¢livery. Having multiple sites has irnproved acc¢ssibility for familic
diversified our provision, and allowed for a wider Tange of scgsions and community activilies. This strategic ¢xpansion
has enhanced organI￿10nal resilicn(% and Strengthe￿¢d our impact.
Our sumrner pro£ramme trmained ¢xtretDely ty)pular througlK)ut the year? 5UPPOrted by the HAF schem¢ and embraced
by families across th¢ region. In addilion to providing ewiching orcalive and physical activities, the programme offered
essential ¢hIldCa￿ support during school holiday& This provision cthttinues to play a viial role for working tthr¢nts who
fa(Y f￿￿cIal pressures and limited childcare options during the holiday peri￿1, ensuring childTh have ac(Ys5 to a safr.
SUP[￿1v￿ and stirnulating environrnent.
We have develO￿j ow Health is Wealth initiatives which promote physical wellbetng. healthy lifestyle choice
and improved menlal health among young p￿pIC and families. Our holistic apwoach includes physical *ivitie
wellbeing sessions. nutritional workshops, and tlryeutic seryices available to both yowlg people and adulis. Thele
seTYices have strengthened early intenrention and expa￿lea acc￿ to mentsl hea]th supp)rt witbin our community.
Volunteer developrnent ha5 also been a strategic priority this y¢ar. We have stmgthened our volUntr￿ programme by
offering high-quality training in Hea]th & Safety, safegU￿din& and Musi¢ Prnd￿l0j4 building confidetw skill& and
pathways into further education and employment. This investment enhances the overall volunteer experience and
&upw Ibe 5UStainability and capacity of the wider o]Eanisation.

TAKE I sfuDIOS IJM￿[D
GISTERED NUMBEIL. 05569
REPORT OF THE TRUSTEES
FOR T}￿ YEAR EF4DED
I MARCH 2025
Overall, tbe year has been fflarked by meanin￿1 progress, incre8sed cngagernent, and a deepened impact acr()ss a]1
eas of QUT work. We remain committed to providing inclusiv4 creativé and high_quality services that enrich the lives
of children, young people, and fatni]ies. As we look ah¢wJ, we will continue to strengthen our pro8rammes. expand our
partnership& and prioritisc wellbein& creativty. and growth for all those we serv
EJpellditsre Overview 2024ns
Main Income Sources
o Lo¢al Authority Commissioned Pl￿ements
o Grants end Proj￿1 Funding
o Commissioned place5 frojn Mainstream sch￿1$
Main Expendith Areas
o Stsffing and Trdining
o Facilities and Utilities
o Educational Resou￿¢5 and Equipment
o Capital Improvements
sgfeguthrdl￿£ & CompliaD¢e
Safeguarding remains at the heart of all practice at Take l Jndependeni Sch(¥ol. The DeSI￿ated Safeguarding Lead
(DSL) and Deputy DSL5 ensure compliance with 5talutOry guidance (KCSIE 2025, Working Together to Safeguard
Childrcn 2023). All staff receive annual safeguarding training and terr￿Y r¢freshcrs covering online safety, peer-on-pecr
abus¢, aThJ $8f¢r working practices. The school continues to meet oll Independent S¢hool Standards and Sta￿tOry
requirements.
Strategic Prioiitkes for 2025n6
l. Expand provision to support additional learners through pth]ership Pl￿M£ntS.
2. Develop ￿credIted creative and vocational pathways at Lev¢ls 1-2.
3. Str￿gI￿en dats tracking &ssessment systems.
4. Furthcr enhance staff CPD supervision structures.
5. Continue improving faollities and digttal Infi￿truCtUre.
Embed wellbeing and mentoring pro￿aMMG$ across
Financial review
The statement of financial adivities indicatcs n¢t expendiftwe for the year ended 31st March 2025 of £88218 and total
funds of £221,282 at tbat £24,267 of which is restrict￿.
The Trt￿le¢s are actively seeking finther funding to enable the Charity to continue to provide its prorn of activities.
In line with Charity Commission recommendations, the Tn￿S have set the minimum level of rescrv¢s at an amount
sufficient to cover all nornial operating ex￿nSeS for a six rnonth ptrio(L
Page 3

AKEI
ITED
GigfE
ER: (15569637
REPORT OF
TR
EES
ED31
CH
STRUCTURE, GOVERNANCE AND MANAGEMEiYr
CONSTrrurioN
Take I Siudios Limi￿3 is a clwity which is also established as a Company Limited By Guaran*e and not having a
Share Capital. lis ArtiGles of Association desuibes its constitution" ils M¢morandum of Association sumrnarise$ its
obJ￿ts as promoung social indusion for the public benefit by working with people in Nottin8ham who socialty
excluded, to relieve the neds of swh people and wist to integrate into society. in particular by the provision of
edwatiot4 trainiDg and supp)rt.
ORGANISATIONAL STRUCTURE
The oveTall direction and management of Take I Studi05 Limited is overseen by the Trusl¢es who att also Directors of
the Company. They are aceountable and Icgally responsible for the work of the organisation and for ¢￿￿[lng that all
&8pwts of the management and work compty with currurt legislation Thc Truste￿ are supported by administrative
sthff, lutors and by volunteers.
POLICIES AND DOCUMENTATION
We have all appropriate wTrli¢ies aJ]d pr(Kedwes in place and these were updated acwrdingty. llxse includ¢
Safeguarding, Health and Safety. Financial ManagwnenL IT and GDPEL Complaints etc.
RISK MANACEMENT
The Tnjstees h&ve a duty to identify and review the risks to which the charity is exwsed and lo ensure appropriale
CA)ntro]s are in plwe lo provide reasonabl¢ assurance against fraud or crror.
Risks are reviewed and mitigaled by..
. An OTganisational cornmithientto Standards of 8(KKlmanagement and operdtional Practice
- Estsblished wlicies which c4)mmtt to compliance with all relevant legislation and g￿d practic
- ReguIar trview of all pliries 8nd procedures
- Establishit]g adequate financial reserves
RECRUITMENT ALYD APPOINTIIIENT OF TRUSTELS
Take I Studios Limited w¢lwmes eligible people who have an interest in helping the organisalion achieve its obi¢¢tives
by becoming a Trustr
Due to the nature of the charity's work inevitably fwusiDg upon young people, the Management Committee seeks to
ensure that the ne¢ds of this ￿up are appropriately reflected through the divmity of the tsvstee body.
TheArti¢les of Association stste the ¢ligibility of Tn]stees. which, in summary, ststethat th0￿ eligi￿le musL"
- be over the age of18
. not be und1￿harged bankrnpts
- not previously havc ken removed fivm tnIst￿ShIp of a cbarity by a Court or the Charity Comtnissioners
- not be under a disqualification order undu the Company Directors, Disqualification Act 1986
- not be disqu3Jified by the Charitics AGt 2011 frorn acting as a charity trustee
undertake to fiJ]fil their responsibilities and duties as a InL8tee of Take I Studios Limit&l in good faith and in
ac(x)rdance with the law and within the objectives of Take I Studios Limited
- not have financial int¢re5ts in conflict with those of Take I Studios Lirniied (either in person or through fatnily or
bL$ine￿ connecliolls) except where fomially notified in a conflict of interest
REFERENCE AND ADMINISTRATIVE DETAIIS
Registered C•mp*ny number
05569637 (England and Wales)
Registsred Charfity number
1145203
Page 4

ER:
REPQRT￿F TH£ TRUSTEES
Regi5tere41 office
Takc I s￿dI05
tgory Boulevard
Hyson Green
Nolltngham
Notlinghatnsbir¢
NG7 6BE
Trnstees
R Choudhury
Miss S S GrahaTtL
Miss C Thoma8
MissEP
Miss A Byme (resigned 16.11.24)
Company Secret•ry
Mrs M Rose
Independent Examiner
Karen MealatKI FCCA
Lemans
Chartered Certified Accountants
29 Arboreturn Street
Nottingham
NoltinghwDshire
NGI 4JA
PUBLIC BE1￿1T
The trustees confinn that they have ref￿ to the guidance contained in the Charity Commission's gcneral guidance on
public ben¢fJt when reyicwing the Ch￿Ity'S aitns and objectives and in planning futur¢ activities. The objectivc of the
dwity and dethls of who how tEe charity has helped be found on page l.
Report of the trustre4 incowating a strategic wrt, approved by order of the board of trustees, a8 the wmpany
director4 on 22 December 2025 and signd on the Ixwds behalf by..
R Choudhwy. Tn￿tee
Page 5

EPENDENT EXA
ER,
TAKE
TUDI
LIMrrED
RTTO
TEE
llldtpendent exarniner's report to the tru51ees of Take I Studtos Limlted ('the Company,)
I report kn Ihe charity trnstees on my exa￿]natIOn of the accounts of the Company forthe year ended 31 Marth 2025.
Responsibilities and basis of rèport
As the clwity's trLLStees of the Cornpany (and also its directo￿ for the purpoAes of company law) you are responsible for
the pr¢parntion of the accounts in accord0￿¢ with the ￿quIreM6ntS of the Companies Aot 2006 Cthe 2￿6 Act,).
Having satisfied my5¢1f that the a¢￿Unts of th¢ Cotnpany are not required to be audiied under Part 16 of th¢ 2006 Art
and are eligible for indewident ¢xamInatio￿ I report in respect of my examination of your thwity's accounts as GaTTied
out under Section 145 of the Charities Act 2011 2011 Art,). In carrying oth my examination I have followed the
Dire£tions given by the Charity Comrnission under Section 145(5) (b) ofthe 2011 Act.
Indeptndent examiner's ststemeDt
Since your charity's gross income &xc¢ed¢d £250,￿0 your examiner must be a n)ember of a listed EK)dy. I can confmn
that l qualified to undertake the examination because I am a member of the Association of Chartered Certified
Aco)witants, which is one ofihe listed b)die&
I have completed my examination. I confirni that ￿ matters have come to my attention in comection with ihe
examination Eiving me cause to ixlieve-
accounting record& w¢re not k¢pt in re5twt ofthe CoMp￿Y as requiraj by Secaion 386 ofthe 2(K16 Act" or
the accounts do not accord with those reix)rd&" or
the accounts do not compty with th¢ accounting requirements of Section 396 of thc 2006 Act other than any
requireme￿ that the acwunts give atn￿ and fair view whith is not a matter consider¢d &8 part of all indyndent
exainination. or
the a￿￿)unts have not been prepwrd in accorthe with the methods and principles of the Stotemcllt of
Recommended Pra¢tice for accounting and rep)rting by charities (aN)licable to chaTiti¢s preparing their aCcO￿*S
in ￿CordanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no C￿ncernS and have come across IK) other matters ill wnnection with the examination to which attention should
drawn ill this report ill Order to enable a proper understanding of the ￿COUntS to be reached.
Lanans
Charterd Certified Accountants
29 ArE*)￿luM Street
Nottingham
Nottinghwllshi
NGI 4JA
Date: ..aa....t>.Qc-QME£f.....ao)5
Page 6

TAKE I STUDIOS LIMrfED
STATEMENf OF FUYANCIAL AcTIv￿lEs
r4CORPORATING AN iNC()ME AND EXPENDrruRE ACCOUNr
THW V&'.AR V.NnF.n 31 MARCH 2023
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted
fiind
Restricted
fi￿d&
INCOME ATrID ENDowfsqENfs FROM
Donations and legacies
CbarftAble artivities
Educatio￿ music and dwce provision
Violen¢¢ Reduthion Unit
427,115
149,672
576,787
549.675
24,000
tnvestment in￿)rne
1,650
1,650
1.230
Totsl
428,765
149,672
578,437
574,905
EXPEIYDITURE ON
Charitsble getivlties
Projert rLumin8 costs
218,687
48.001
266,688
169,439
Other
306,041
93,926
399,967
339.099
Total
524,728
141.927
666,655
508,538
NET INCOMFJ(EXPENDJTURE)
Transfer8 b¢twttM funds
(95,963)
(1,983)
7,745
1,983
(88,218)
66,367
15
Net movem¢DI in funds
{97,946)
9,728
{88218)
66J67
RECONCILIATION OF FLiNDS
Totsl fimds brought fonvard
294,961
14,539
309,500
243,133
TOTAL FUNDS CARRIED FORWARD
197.015
24,267
221282
309.500
CO￿]NuING OPERATIONS
All In￿￿¢ and expenditure has arisen from continuing activities.
The notes forni pwt of these finan¢i81 statements
Page 7

TA
I STUDI
ED
GISTERED
s56￿7
E SHEET
I MARCH
31.3.25
Totsl
fimds
31.3.24
Totsl
nds
Unrestricted
fund
Restrict¢d
fijnds
Notes
FLXED ASSETS
Tangibl¢ L%sets
10
4,104
7242
11,346
CURRELYT ASSETS
Iklxors
C&sh at trank
li
28.IK)7
198.736
13,619
22,632
41,626
221,368
83,712
229.987
226,743
36,251
262.994
313,699
CREDITORS
Arnounls falling due within one year
12
(33,832)
(19.226)
(53,058)
(10.098)
Nrf CUlUiEiYf ASSETS
192,911
17.025
209,936
303,601
TOTAL ASSETS LESS CURRENT
LIABILITIES
197,015
24,267
221282
309,500
NET ASSETS
197,015
24267
221.282
309,500
15
Ulrestricted fill
Restricted funds
197,015
24.267
294,961
14,539
TOTAL Fi]NDS
221282
309,5(K)
The charitable (x)mpan)' is entitled to ex¢tnption from audit under Section 477 of the Companies Act 2006 for the year
ellded 31 March 2025.
embers have not required the oxnpany to obtain an audit of its financial statcrne4]ts for the year ended
31 Mar¢h 2025 in a¢cordan¢e with Sethion 476 of the Companies Act 2006.
The tswtees acknowledge their r¢sFonsibilities for
(a)
ensuring that the charitable comw keeps accounting re￿rdS that wmply with Sections 386 and 387 of the
Companies Act 2006 and
prq)artng financial statement$ which give a tru¢ and fair view of the state of affairs of the charitable comFdtW &8
at the end of each financial year and of ils surplll8 or deficit for ead) fin￿CIal year ill aco)rdanre with the
requironents of Sections 394 and 395 aJ)d which oth¢rwise comply with the requirements of the Companies Act
2(KI6 tylating lo f￿anCIal statemenw so far as appIl￿ble to the charitable wmpany.
(b)
The financial stalements were approved by the Board of Trustees and authorised for issuc on 22 D¢cemlKT 2025 and
were SI￿1￿ on its behalf by:
R Choudhwy . Tr￿¢¢
The notes forni part of these fmancial sta*ments
Page 8

TAKE I STUDIOS LIMrrED
CASH FLOW STATEM
FOR THE YEAR Ef4DE
31 MARCH 2025
31.3.25
31.3.24
Notes
Cash flows from opernting activitiQ5
Cash gellerat￿l from op¢rations
(11.905)
33,145
Net cash (used in)Iprovided by opernting artivities
(I I,￿)5)
33,145
Cash Ilows from iDve5ting activities
Purchase of taiigible fixed &%8ets
Interest rcceived
(9,656)
1,650
(6.503 }
1,230
Net cash used in investing activities
{8,(M)6}
(5,273)
Changt in eash and cash equiyilents in
tbe repDrtiDg period
Cgsb alld cash equiyalents at the
beginning tsf the r¢portillg peTiod
(19,911)
27.872
229,987
202,115
Cash and cash ¢quiYalents 8t the end of
the reporting periDd
210,076
229.987
The notes forrn part of th¢se fin￿]¢181 ststem¢nts
Page 9

TAKE J STUD
ED
NOTES TO THE
OR
W STATEMEwr
CH2
ED3
RECONCILL4TION OF NET (EXPELYDITURE)IINCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
31.3.25
31.3.24
(expendithr¢)fincome forthe reporting p¢riod (A% per the
Statement of Financial Ac¢ivities)
AdJustm¢nts for:
Deweriation charg
IntaEst receivej
De￿ease1{ln￿eaSC) in debtors
Incre&*l(decrease) in QEditors
(88218)
66.367
4209
(1,650)
42,086
31,668
2,612
(1.230)
(33,199)
(1.405)
Net ¢4sb (used iD)Iprovided by operations
(I I,￿)5)
33,145
ANALYSIS OF CASH AfiD CASH EQUIVALEiYrs
31.3.25
31.3.24
Notice de]x)sits Oess 3 months)
Overdrafts included in FAnk loan8 and overdraft& falling due within one year
221,368
(11.292)
229,987
Total Cash and cash equivalents
210,076
229,987
ANALYSIS OF CHANGES IN NET FUI¥DS
At 1.4.24
hflow
At 31.3.25
Net eash
Cagh at bank
Bank overdraft
229,987
(8.619)
(11,292)
221 J68
(11.292}
229.987
(19,911)
210.076
Total
229,987
(19.911)
210,076
The nofrs forn] part ofthese ftnancial statements
Pag¢ 10

ios
TES TQ THE￿￿ANCIAL STATEMEF4T_S
ED3
2025
AccoiiNfiNG POLICIES
Basis of preparing the financiAI st*temthts
Take I Studios is a private company limited by guarantec and is a ¢haTity in England and WaLe& In the evw]t of
the chaTity being wound up, the liability in respeGt of the guarantee is limited to £1 per mfflibeT of the charity.
Thc address of the registeral office is given in the charity information in the Trustees report. The naturc of the
chartty's 0￿ratiOnS and principal activitie5 8r¢ stated in tbe Truste£s rerA)rL
The cbarity ￿nstituteS a public benefit entity &8 defined by FRS 102. The financial statements have been
prepar&1 in accordauce witb Accounting and Reporting by Charities: Statement of R￿0￿mended Practice
applicable to charities prepoJing their a¢countS Ill aCCnTd￿￿e with the Financial Rcporting Standard applicable
in the UK and Rq)ublic of Ireland issued in OthlKr 2019. thc Financial Reporting Standard applicable in the
United Kingdom and Republic of Ireland (FRS 102), the Companies Act 2006 and UK Generally Accepted
AcwwitiDg PtB¢tice.
Thc financial staternents are prevar￿ on a going concern basis under th¢ lustorical CO￿ o)nvention.
financia] staternent5 are presented in sterling which is the thnrtional currenry of the charity and rounded to the
nearest £. The significth I￿u￿tIng policics applied in the preparation of these financial ststements ar¢ sct out
below. Thesc policies have been consistently appli¢d to all ycars presented unl￿9 otherwise stated.
All income is TecogniKd in the Statement of Financiai Activities once the charity h&$ entitlement to the fiulds, it
is probable that the income will be received and the amount Can k measured rcliably.
Expenditure
Liabilities ￿ognIsed as expenditure ￿ soon as therc is a legal or consltuctive obligation con)rnitting the
charity to that expenditur4 It is probable that a transfer of wonomi¢ bencfits will be required in scttlement and
the amount of the obligation be measuMI reliably. Expendi￿re is acwunted ftir on an accrua]s basis and has
bcen classified under headings that aggregafr all cost relatd to the category. Where wsts cannot k directly
attributed to particular headings they have been alloc2ted io athivitiC5 on a basis CAmsistenl with the use of
T4ngibk fix¢d Assets
Depreciation is provided at ihc following annual rates in order to Write off each asset oveT its cstimated usefi]I
life.
Plant and machinery
Fixturcs and fittings
250/0 on reducing balance
2￿/0 0￿r￿lUCillg balance
T*sAtion
The charity is excmpt from Cor￿rntIon t&x on its Ch￿ltsb]e activities.
Fund a¢iounlillg
Unrestricted fvnds can bc used in aG￿rdance with the charitable objectives at the discretion ofthe t￿Slee%
Restricted fw￿ can only be ￿Sed for particular restriclcd p￿￿￿eS within the objects of the charity. Restrictions
aTiSC when specified by the donor or when funds are raised for partiadar restricted puryx)ses.
Furthcr explanation of the nature and pwp)sc of each fund is illcluda in the not&g to the financial sLqtem¢nts.
Pension eosts and other pDst-rttÈrement benefits
The charitsble eompany operate5 a defined eontribution pension scheme. Conthbuttons payable to ihe cbaritsble
company'5 pension scheme are Ch￿ged lo the Statem¢nt of Financial Activities in the period to which they relate.
Debtors and credits)rs
Debtors 8nd Creditors receivable and payable within onc ycor are recorded at transaction pri(z.
C4sb at Bank
The eharity holds suifJci¢nt funds in orderto meet ils short ter￿ cash commitm¢nts as they fall du¢.
Pagell
conlinued...

IOSL
MITED
NiYfE
FOR
TO
FIIYANCIAL STATEME
E YLAR END
-£on
INVESTMENf INCOME
31.3.25
31.3.24
Derogit accDunt interest
1,650
1.230
INCOME FROM CHARJTABLE AcfiviTIES
31.3.25
31.3.24
Activity
Edl￿￿tIOn, music and dance provision
Edu￿tiOn, tllUSiC &KI donce provision
Violence Reduction Unit
Educatio￿ music alld dance
Grants
Violence Reduction Unit
572,738
4,049
549,675
576,787
573,675
CHAR￿ABLE ACTIVITILS COSIS
Suptx)rt
costs (see
note 5)
Direct
Costs
Totals
Project Tunning costs
466
266,222
266.688
Governance
Costs
Totsls
Proj¢ct n]nning a)sts
259,980
6242
266,222
NET INCOMEI{EXPENDITURE)
Net Er￿0m&(cxkx￿dItllre} is stthj after thargingl(¢trditinE):
31.325
31.3.24
Depr¢¢iation- owned assd5
Independent Examinds fees
4.209
4,515
2,611
4260
TRUSTEES, REIWUNERATION AND BENEFrrs
There were no trustees, remuneyalion or other benefits for the yw ended 31 March 2025 nor for the year ended
31 hfjarch 2024.
Trnstee8' expenses
Thwe were no trustees, expenses paid for the year ended 31 March 2025 nor for the year C￿led 31 March 2024.
Pag¢ 12
continucd...

TAKE I sTUDIOS_LI￿￿D
NOTES TO THE FINANCIAL STATEMEiYfs- eonti
FOR THE YEAR ENDED 31
CH
STAFF cosrs
31.3.25
31.3.24
Wa8es and salaries
Social security costs
Other pensi05J Wsts
365,305
27,230
7,432
311,408
21077
5,614
399,967
339.099
The average monthly number of employees L1urin8 ibe year was &8 follows:
31.3.25
Is
31.3.24
12
Administration
No employees received emoluments in excess of £60,0(NJ,
PENSIOP4 COMLlllTMEP
Tr ChaTity okxtates a defined contribution s¢hem& The assets are managcd independently ofthe Charity and
contributions are Gharg¢d to the Statement of Financial Activities in the pcriod Ihey are tnade. The charge for the
year was £7.432 (2024 - £5,614). Th¢ costs have been all(Kated bctwem the thnds in proportion to the time
st*nt by the employees on the various projects.
io.
TANGIBI￿ F]XED ASSETS
Fixtwes
Plant and
M￿hInery
Cornputer
equipmettt
fittings
TotaJ3
At l April 2024
Addilions
113,690
9,656
11.490
6,503
131,683
9,656
At 31 March 2025
123J46
11.490
6,503
141,339
DEPRECIATIO]Y
At l April 2024
Charge for year
112,724
2.655
10.914
2,146
1,438
125,784
4,209
At 31 March 2025
115,379
11,030
3,584
129,993
NET BOOK VALUE
At 31 March 2025
7.967
2,919
liJ46
At 31 Nlarch 2024
966
576
4,357
5,899
Page 13
Continued...

TA
ED
OTES TO T
YEAR
ll¥4Af4
IYDED 31
STATEMEwrs_
H2
tinu
ii.
DEBTORS.. AMouNfs FALIJNG DUE WITHIN ONE YEAR
31.3.25
31.3.24
TT2de debtors
Othcr d¢btors
24,434
17,192
79,598
4.114
41.626
83,712
12.
CREDITORS: AMOUNIS FALLING DUE WITHIN OIYE
31.3.25
31.3.24
Bank loans and overdrafts (see not 13)
Trade orditors
Other creditors
Accrued expense5
Defejred ￿5
11292
23,564
1.492
8,775
7.935
3,044
1239
5.815
53,058
10.098
13.
LOANS
An analysis of the maturity of loans is given below:
31.3.25
31.3.24
Amounts falling due within on¢ year on demand:
Bank ov¢rdtafis
11,292
14.
LEASJNG AGREEMENTS
Minimum lease PaYm￿tS under Th)n-(xncellable operating le&ses fall due as follows:
31.3.25
31.3.24
Within one year
B¢tween oll¢ and five years
8,000
26.000
18,000
2&000
34,000
Pag¢ 14
continueiL..

TAKE I STUDIOS LIMfTED
NOTES'I'O TUE FINANCIAL STATEMLNIE- contin
31 MARCH 2025
15.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31J.25
At 1.424
Unrestricted funds
General fund
294,961
(95,963)
(1,983)
197,015
Restricted r￿Dd$
Reaching &)mmunities
Community Vaccin¢ Champions Fund
Castle Cavendish
Million Hours
NottIngh￿nshIr¢ Policc Fund
SPF
13,597
942
3,403
17.0(K)
942
(1.158)
(825)
4,690
1,635
1,158
825
4,690
1,635
14J39
7,745
1,983
24,267
TOTAL FUIYDS
309.5(M)
(88218)
221282
Nct movement in funds, included in the aknvc ar¢ as follows:
Incoming
resourc£s
Re50urK
¢xpended
Movement
in fi]nds
Unrestrleted funds
Gener￿ fiLd
428,765
(524,728)
(95.963)
Restricted ￿lldS
Re￿hIThg Communities
Casde Cavendish
MilLion Hours
Nottingharnshire Poll￿ Fund
SPF
109,379
7.500
(105,976)
(8,658)
(825)
(24,054)
(2,414)
3,403
(1,158)
(825)
4,690
1,635
28,744
4.049
149,672
(141,927)
7,745
TOTAL FUNDS
578,437
(666,655)
(88,218)
Page 15
¢ontinued..

TAKE
Mrr
NOTKS T
FIN
YEAR END
CIAL STATEME
tin
15.
MOVEMENf IN FUNDS- ¢Olltinu¢d
CornparAtive8 for rn(wement in funds
Net
ovement
in funds
Transfers
belween
nds
At
31J.24
At 1.423
Ullrostrieted fulld$
General fL￿d
240,582
84.172
(29,793)
294.961
Restricted funds
Reaching Cornmuniti&%
Violence Reduction Unit
Comrnunity Vaccine Champions Fund
C&stle Cav¢ndish
Million Hours
13,597
(21,765)
942
(4,670)
(s.￿)
13,597
2,551
19.214
942
4,670
5,909
2551
(17,805)
29.793
14,539
TOTAL FUNDS
243,133
rf￿,367
309,500
Comparative net movement in fund4 includ￿1 in the above are &8 follows:
Jnc4)ming
reSou￿¢S
Resources
expended
Movement
in funds
Un￿StriCted funds
Genera] fjjnd
445,528
(361,356)
84.172
Restricted fund%
Reaching Communities
Violence Reduction Unit
Community Vaccine Champions Fund
Castle Cavendish
Million Hour8
86,558
24.000
4,340
4.540
9,939
(72,961)
(45,765)
(3,398)
(9,210)
(15,848)
13,597
(21,765)
942
(4,670)
(5.909)
129.377
(147.182)
(17.805)
TOTAL FULYDS
574.905
(508,538)
66,367
The NatioJ]a] Lottery Community Fund has prnvided funding to hdp provide activities for famtlies to enjoy
spending time together breaking down the barriers be￿e¢n the young th the old. helping parents undwstand
and take part ill their child's after school interest.
Reaching Communities I￿ provided thnding to supw>rt us in providing mentoring services and workshops to
disadvantsged young people and those aff￿led by gang and violent ￿l￿e. We have parthered with Breaking
Barriers Building Bridges on this project who bave Sup￿rtS] us with their bespoke outrea¢h and mentoring
LA)ttery Community Fund (covid) has provided funding lo swwort the costs of havins to hire a wmp8ny to deep
clean the building and to tske over cleaning duties 3 times a week. To supwrt wre slatrcosts of tlwse who ￿￿Id
t be fi]rloughed and provide the rttessary resour(zs for us to develop and wovide a support program for our
vuln￿ble servi¢¢ users during the p£ndemi¢.
DEFRA has provided funding to SL]PPOrt families and individuals within their Commwiities who are most in need
and s¢Nggling to afford food and other e55entials dueto Covid 19.
Pag¢ 16
onlinued...

LAKE 15IllDIOS LIMITE
NOTES TO T
OR THE
Is.
mOVEmE￿r IN FUNDS- Continued
Violence Reduction Unit has pmvid¢d fillds for a knpoke mentoring projed aimed et vulnerablc young pcople
and adults, aged 15-30 at risk of or already involved in crimina] activilies and anti-social behaviour. Focusing on
PT0￿ding positivc rnale alld f¢￿al¢ role models and realistic tK)sitive pathways for the young wple to follow.
C&sde Cavendish providLMI fijnds for a Holiday Activity Fund Programm&
Community Vaccine Champions Fut￿ - A 6-week health and wellbeing programm¢ with lora] primary schools,
focusing on Blacl Asi¥ll, ￿ Ethnic Minority faTni]ies in Hy50n Green ￿Ld R￿f0rd. The wiject sUp￿rted
Covid recovery by promoting health awareness and rccrniting comRnunity champions from each school kn act as
&mbassador& enswing I￿ting impa¢t.
Million Hours - A ycar-long project engaged young people aged 12-24. offering evening and holiday se￿lonS
focused on self-expr¢ssi(yn tbrough music, podc&stin& and ￿tive arts. Participants explored Klevant topics
while developing skills in ￿cOrdin& editing, and promotion, guided by cxpericnced mentors. The project
fostered penonal growth and positive peer Interactio￿ trsuliing in professionatly produ¢ed content promoted
through social media and school pthierships
Nottinghamshire Police - The fimding was used lo deliver a skillS-bas￿ Carly-inlerv￿tio￿ and b¢haviour-ch
programme for young I￿pIe aged l@24. It SUPPDrted a series of sknictured acttvities using music, medi4 and
health & fitness &8 engagement tools. enabling parti¢ipants to work closely with traitKd mentors who had
relevant lived experience.
The grant covered the resource4 equipmenL and delivery requiTd for both diversionary sessions (for those
VUlne￿ble to risky behaviour) and tsrg¢t¢d session5 (for those already Involv￿). These activitic5 focused on
improving decisi0￿Maki￿ building confidence, understanding (￿n￿￿enCeS, and dcveloping rA)sitive peer
lationships.
Overall, the ￿ndIng enabled Take I lo provide accessible, creative, and impactful support that helped young
people 8ain practical skill4 shift negative attitude4 and move toward tK)silive pathways within thcir comM￿lty.
UK SPF - The funding was used to invest in long-tern), reusable L2pitsI equipment and essential infr&8tructute
that SUPEK)rts our cuItural and creativc work. Th¢ g￿lt ellabl￿ us to str¢ngthcE] and expand ow activilies by
purch&sing equipment and making improvements that Hill supry>rt multiple pn)ject& These invesiments
ensure we can continue delivering high-quaiity cultural, heritag¢ and creative prograrnmcs in a sustainable iyay.
16.
RELA TED PARTY DISCLOSURES
R.ChoudhwT w&$ ￿ld £250 For his M&88age serviceg at our Health is wealth event.
H.Touray has been a dance teacher since sept￿llber 2022 and is the Daugh*r Of Miss E.Peck,
Page 17