## Creative Sparkworks Annual Report and Financial Statements Year ended 2[nd] August 2022 Company Limited by Guarantee Registered in England & Wales number 07610796 Registered charity 1146863 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 ## Contents ||Page| |---|---| |Administrative details|2| |Trustees’ Report|3| |Independent Examiner’s Report|9| |Statement of Financial Activities|10| |Balance Sheet|11| |Notes to the Financial Statements|12| Page 1 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 ## Administrative details Name of charity Creative Sparkworks Governing document Memorandum and Articles incorporated 20 April 2011 as amended by Special Resolution registered at Companies House on 27 March 2012 Registered charity number 1146863 Registered company number 07610796 (England and Wales) Trustees and Directors Bridget Edwards (Chair) Alan Ogden (Honorary Treasurer from 27[th] March 2021) Adrian Jones Karen McCormick Mary Heskel Andrew Dean Tabitha Harris Zainab Abrar Zahra Malik Andre Sapori Registered office Flat 10 Davenport House Walnut Tree Walk London SE11 6DH Bankers Santander Bank, Co-operative Bank Independent examiner Faisal Khan t/a M J Golz Odeon House, 146 College Road Harrow HA1 1BH Memorandum and Articles incorporated 20 April 2011 as amended by Special Resolution registered at Companies House on 27 March 2012 Page 2 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 ## **Trustees Report for the year ended 2 August 2022** ## **Objectives of the charity** Creative Sparkworks is a registered charity with the objectives: 1) to advance young people in life, especially through accredited educational creative activities, to develop their capabilities that they may grow to full maturity as individuals and members of society. 2) to promote the rehabilitation of young offenders and those young people at risk of offending by educating them in the arts with the aim of assisting them to re-integrate into the community and to provide them with skills to help them find employment and rehabilitate themselves. 3) to promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society. 'Socially excluded' means being excluded because of unemployment, financial hardship, youth, or old age, physical or mental ill-health, substance abuse or dependency including alcohol and drugs, discrimination, poor educational or skills attainment, relationship and family breakdown, poor housing, and crime, either as a victim or as an offender. ## **Activities** We deliver free film and media education, skills, and employment training courses with entry-level paid jobs to unemployed young adults from disadvantaged groups including young offenders, refugees, and those with disabilities. These activities are tailored to meet the needs of both our client base and those of our established employers in the film and TV industries. We work in secondary schools to raise awareness of careers in the creative industries through documentary filmmaking. We deliver free community arts and crafts activities to economically and socially disadvantaged residents, local children from disadvantaged backgrounds and mental health service users. Our bespoke activities are devised to meet the needs of our client base: film making, murals, mosaics, and crafts. Our free courses include: - - Film2Learn2£arn: film skills and employment courses for young people from underrepresented groups with paid work entry-level placements in the industry and Bectu Set Ready accreditation. - Film with Health in MIND: film production courses for young adults facing mental health challenges with industry-based work experience and AQA accreditation. - Community Murals: collaborative painting programmes to increase community cohesion and enhance deprived neighbourhoods. - Buzzy Bees: school holidays art and film activities for local children and youths Page 3 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 ## **Achievements and performance** We have a fifteen-year record of helping disadvantaged young talent, and of increasing creative opportunities and community cohesion in our local area. - We have been funded to deliver 55 free film, media, and community art programmes. - 83% of our beneficiaries are from diverse groups. - Over 550 students have worked on 45 completed projects. - 93% of our beneficiaries achieve some entry level paid work, other paid work, or gain places in higher education, further training, and volunteering. ## **Recent Testimonials** _Dear Sylvia,_ _I am delighted to provide the following reference. Re: Creative Sparkworks - (Learn2Film2£arn)_ _On behalf of the Walcot Foundation, I am able to confirm that we have worked with Creative Sparkworks since as far back of 2008 and have most recently funded the last 6 years of the Learn2Film2£arn project in Lambeth. This excellent project works with disadvantaged cohorts of students, particularly those from neuro-diverse groups and BME young people, to provide training, opportunities, and employment within the creative industries._ _Projects have always been delivered on time and on budget and the Walcot Foundation has always been particularly impressed with the range of work experience and opportunities on offer to individuals who are often excluded on the basis of their background and/or lack of connections in the industry._ _Should there be a future opportunity for Creative Sparkworks to apply for our funded support, we would welcome an application from them._ _Should you require further information, please do not hesitate to contact me._ ## _Yours faithfully,_ _Dan Hogan | Grants Officer The Walcot Foundation 127 Kennington Road London SE11 6SF | Tel 020 7735 1925 walcotfoundation.org.uk | email disclaimer | Subscribe to news_ ## Case Study and Testimonials Jamal, was looking for help to enter the Film & TV industry, he was associating with young people who were living a life of crime and documenting this through films but couldn’t break into the industry and access opportunities, he was becoming increasingly demotivated and frustrated. With our help and support, to build his self-confidence & reach his full potential , Page 4 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 develop his CV, interview and soft skills he managed to secure a 1 year paid traineeship at ITV Studios in his words: _“Working with Creative Sparkworks has been really helpful experience for me. I was looking for a new opportunity when I met the team and they provided me with exactly what I was looking for. They put me forward for various different opportunities and I was eventually hired by ITV Studios. I would like to give a special thanks to CREATIVE SPARKWORKS who have been inspirational in helping me secure my new role and assisted me every step of the way.”_ Jamal, 2022, Student Trainee, Creative Sparkworks _Hello Paula, My apologies for the very early message but I really wanted to send you this. Thank You so much for allowing me to go to this event because even if it was for filming, it ended up pushing my music. I got my track premiere last night and if it wasn’t for you none of this would’ve happened. Thank you again for believing in me and put in rooms full of opportunities. Can’t wait to see you tomorrow! Have a great day!_ Molly J, 2023,Student Trainee, Creative Sparkworks ## **Achievements and performance August 2021 to August 2022** From the summer of 2021 we devised a continuing and flexible Covid-19 aware strategy to ensure that our activities, students, and staff were kept as safe as possible during the transitional period of infections and following government guidelines for the pandemic. We are proud to have been able to make the following achievements possible in this difficult time: - Awarded grant for the sixth Film2Learn2Earn skills and employment training project by the Walcot Foundation, recruited 20 young economically disadvantaged Lambeth residents for Film and employment skills training with paid entry-level work. - Awarded a Year Three of Three Years transformational grant by the Band Trust for the role of Partnerships and Business Development Manager - Awarded grant for the STRIDE Digital and Creative Industries Talent and Employment project in partnership with Iconic Steps. - Awarded grant by Lambeth Council Children and Young Peoples’ Commissioning Service for the Holiday Activities Fund combined with healthy eating and physical wellbeing activities. - Built new and productive relationships with employers and industry partners included BBC Studios, ITV Talent Manager, ITV Good Morning Britain, Sony Pictures Spotlight, Disney, Netflix, Channel 4, London Youth, Goldsmiths University, Department Work & Pensions Lambeth, The Foundry Vauxhall/Equalities Work, University Arts London LCC - 45 trainees received inspirational talks and visits to production studios with Q&A from a series of esteemed directors, founders, producers in the industry, for example Daniel Robinson from ITV Good Morning Britain, Sony Pictures in their Head Office Brunel Building Paddington, Intermission Film editing workshops, Film London ‘Equal Access Network Scheme’ CV writing clinics; Kooth youth mental health charity delivered a timely workshop on awareness and signposting for mental illness including offering free consultations online around the clock. - Employment outcomes for 45 trainees during this period: 30 gained paid entry-level work in the film and TV industry, including 4 full-time posts, 5 gained places on further training, 2 gained places in university, 2 won bursaries with ScreenSkills, 1 won first prize at the 48hour Film Festival London - ‘Set Ready Training’ led by FilmFixer was delivered in the South London Boroughs of Lewisham and Southwark; this was a successful repeat scheme which prepared 22 trainees Page 5 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 for working on live production sets including at least 2 paid work opportunities and credits for their CVs - David Thomas, Financial Consultant for ScreenSkills, delivered another outstanding workshop ‘Finance for Freelancers’ to prepare trainees for the world of work, self-employed or PAYE. - Q Accountants continued to deliver a great service supporting the charity with Annual Returns for Companies House and the Charity Commission. - We appointed Paula DaCosta into the new role of Assistant Executive Director, funded by the BAND Trust, who continues to do a magnificent job in supporting the busy CEO and leading on industry employers and sponsors relationships - We appointed Federico Rivas into the new role of Creative Youth Co-ordinator, who continues to inspire and support our young cohorts with his wide experience of working in a similar pastoral role with Refugee Youth for over 15 years - We appointed 3 Young Trustees from our star alumni, all in high-end employment in the industry, to our Board who are already making a difference to the future of the charity. - We appointed 2 new Trustees from the film and TV industries, with whom we are excited to move forward in the next years to bring further positive employment connections and funding opportunities. - The third Trustees’ AWAYDAY was held at the Lambeth Garden Museum with a review of the Policies and Procedures and the succession planning of the CEO - The creation of a Community Mural for the Lambeth Walk was funded by the Big Lottery ‘Awards For All’ with local residents and artists. - We delivered a Smartphone Filmmaking project ‘Rights, Camera, Action!’ in Lambeth secondary schools with partners Equalities Work, funded by the Big Lottery ‘Awards For All’. - We delivered a new After School Creative Crafts Club as well as ‘The Buzzy Beez’ holiday activities with repeat funding from Lambeth Council ## **Financial review** The charity received income of £115,335 in the year ended 2 August 2022 including major grants and donations from: - Walcot Foundation - Stride South London Innovation Corridor - Lambeth Living - Lambeth Council - Peabody Charity - The Band Trust - Intermission Films - Sony Pictures Expenditure for the year amounted to £129,268. During the year the charity made a net expenditure of £13,933. Net assets on 2 August 2022 consisted wholly of cash of £19,615. Page 6 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 ## **Reserves policy** The charity holds cash of **£3,750** as a reserve. This is intended to cover rent and potential bad debts for the quarter ahead. Apart from the rent, the charity has no significant fixed overheads. The Trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. ## **Structure, governance, and management** Creative Sparkworks is a charitable company limited by guarantee. Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The total number of such guarantees on was (2022: [10]). The Trustees are members of the charity, but this entitles them only to voting rights. The Trustees have no beneficial interest in the charity. The Trustees of the charity are listed on page 2. They have each served during the year. ## **Statement of Trustees’ and Directors’ responsibilities** The Trustees (who are also Directors of Creative Sparkworks for the purposes of company law) are responsible for preparing the Trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: - Select suitable accounting policies and then apply them consistently. - Observe the methods and principles in the Charities SORP - Make judgements and estimates that are reasonable and prudent. - State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for Page 7 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 safeguarding the assets of the charitable company 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 corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ## **Preparation of the report** The report was approved and authorised for issue by the Trustees on March 9[th] , 2023, and is signed on behalf of the Trustees by: - ## **Chair** ## **Treasurer** Bridget Edwards Alan Ogden Page 8 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 ## **Independent Examiner’s Report to the Trustees For the year ended 2 August 2022** I report to the Trustees on my examination of the accounts of the charitable company for the year ended 2 August 2022. ## **Responsibilities and basis of report** The charity Trustees, who are also Directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. Approved on 14[th ] March 2023. ## **Faisal Khan ACCA** Page 9 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 Statement of FI￿￿[¥11A￿N1tse51iN￿di￿Su￿mary (rfINvme aThJ Empenditure ALwuntl Year eoded 2 August 2022 Note Unrestricted Fund5 Restricted Fund5 Totsl Fund5 Prioryear Funds Income 6nd Endowrnents from Charitable Activities 52.815 62.520 115 92.711 Exp2nditure on.. ftai5ingfund5 Charitsble activities other 18,993 34,477 3.258 56.728 7.592 63.172 1.778 72.540 26,585 97,649 5J)35 129,268 20.312 78.414 1.417 l(M).143 Net IE¥peDditurel/lncDrne 13,9121 110,0201 113,9831 17,4321 Reconciliation of fund5'. Total fund5 brouBhtforward 18.651 14.897 33,548 40.980 Tot81 funds carried forward 14,739 4.877 19,615 33,548 Page 10 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS102 SORP. The accounts were approved by the Trustees on 9[th] March 2023, and signed on their behalf by: - ## **Chair** ## **Treasurer** Bridget Edwards Alan Ogden Page 11 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 ## **Notes to the financial statements.** ## **1 Basis of preparation** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts. The accounts have been prepared in accordance with: - the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (the Charities SORP); and - the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102); - the Charities Act 2011. The Trustees consider that there are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. The accounts have been prepared under the Charities SORP for the first time. Although the format of the accounts differs from that applied in the past, no changes have been made to amounts previously reported. No material prior year error has been identified in the reporting period. ## **2 Accounting policies** ## _Income_ Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability. Performance related grants are recognised to the extent that the charity has provided the specified goods or services. It is not practical to value the monetary value of donated time. ## _Expenditure and liabilities_ Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Page 12 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 M￿ement in Fund5 Atstsrt of Year Incoming Resources Outgoing Resources thE End of Year Restrirted Funds Unrestricted Fund5 Total Funds 14.897 18.651 33.548 62,520 52.815 115.335 72.540 56.728 129.268 4ATF 14.739 19*15 Expethditure Unrtttricted Fund5 Restricted Funds Total Prloryear Exppnditure Dn rai51nE fund5. Stsff Fee5 ICEOI vertlsing & Mgrketing Bank CharEe5 Repèif5 & Mèintenance Rent 6,450 644 20090 2,901 15.40) 326 14 71 2.257 2.295 497 2.792 18.993 7.592 20.312 ExpenditurÈOn Charitable activitie5.- Rent tsff Fee5 Materials / DirectExpenses Insurance Travel Beneficiarie5' Canteen Phone, Internet & Website Bookkeepin8 & kcountancv Health & Safety, Trainin8 ElectriEity& Water Events. stsll & Hall Hire Equipment Equivolunteers, Expense5 Professional & ProductlDn CD5ts 2.981 21.954 2.8SS 981 3.512 38.829 15.668 475 6A93 60.783 IB519 1056 IW02 930 3.750 58.095 3,123 1444.14 664 213 338 717 339 28 221 1.354 640 72 92 38 254 ¥542 788 773 282 2.108 1,185 142 701 250 381 2c￿l 2.509 922 3A32 5,667 633 03 1462 34.477 63.172 97.649 78,414 other SundryexpÈnses Postage. Prinlin8 & 5tatlonary Movin¥ 5pEiiali5tequipment E3.246.82 E1185 £830.97 £945.39 815 802 957 3.258 1.776 5J)35 1.417 Totsl 56.728 72.540 129260 ICQ.143 Page 13 Creative Sparkworks Annual Report and Financial Statements 2 August 2022 The charitable activities of Creative Sparkworks are the delivery of visual art, film and media education skills and employment training courses. The charity has no employees and, therefore, no employee earning more than £30,000 per annum. Staff fees above consist of payments to freelancers. None of the trustees have been paid any remuneration or received any other benefits from employment with this charity or a related entity. No trustee expenses have been incurred. Page 14