REGISTERED COMPAIYY TrIUMBER.. 08073756 (Ettgland arjd Wales) RfCtSTERED CHARITY NUMBER: 1148109 CHARV7Y COMMISSION REPORT FTHE STEES AND ur4AUDITED FINANCIAL STATII I¥[[S FOR THE YEAR ENDED 31 MAY 2025 BRTCyHfON PHOT FRTN ri CRT Limited Flat 24 Welliii£tonia Court Laine Close Bght0 East Sussex BN161'D
BRIGHTON P TO FRtNG CONTENTS OF THE FINANCIAL STA TEMENTS FOR THE YEAR ELYDED 31 MAY 2 Page Report oftkne Trustees L to 7 llldepelldent Examiner'y Report Statement of Finallcial AcÉivitie5 Balanee Sheet io Notes to the Finart¢ial StutrJu¢ntS
BRJcirroN PHOTO FRINGI EGtSTERED NUM BER: 0807375 F THE TRUSTIF.S FOR THE TrTAR ENDED 31 LIIAY 2025 The trw8t¢es who ate &lso directo of the chwty for the purposes of the CpTnptlts Act 2006, present their report with the fillanci&l slatements of the charitv for th¢ y¢w ellded 31 May 2025. The ttee5 have adopted the prOls1On5 of Acc4)untin8 and Rqx)rtillg by Charities: Statement of Recommend¢d Practice applicable to chariti£s preparing their accouDtS iD a¢¢ordalloe with the Financial Reporiing StandaTd applicable in th¥ UK and RePbliC of LrEland (FRS 102) {effwtivc l JUary 2019). Page I
ERIGHTON PHOTO FRTNGE EGtSTERED NUMBER: (b8O73756 REPORT OF THE TRUSTEES FO THE Yl4AR ENDED 31 NAY 2025 OBJECTtYES AND ACTIVITTES Objective5 alld Photo Frillge- Dev¢lopillg IYeTrY W&y.g of Seeing Together We itLvile ev¢ryime to work Thith us Lo create a fairer, safLar. greener. anti-¢78t world wgetherthi'0SL photogTaphy. Photo FritLbFE 15 a volttnteer-led, collttborative platfoLlll pr(TrvidiMg essential prof¢ssional development OPFOrtunities atLd peer-support for le]]s-btd artists. Our year-round proLryamme fosters abition, lnnovt1tio and self-reliance in artist$: nurtures confidence and ireai'ivity in partiClPants' and inspires audiences with extrairdinary itllages ll] un¢xpected places. Since 2003, Photo Fringe has forged an inl'ernational reputation for Curatu. partiClF¢ltio developi, pathways for people from all backgrounds to tsike part alld enjoy photO8raphy. Renowned for promoting outstaiiding neiv talenL P]LOto Fringje conn¢crs this nascent tal¢nl to new auditn¢¢s, workit)g witb artisi-led initiatives and testkvals around tbe ¢ountry. Every two years Photo Fringe delivers an inclusive ftttival and everyTone is invited. The festival ha5 a DJY ethos and eKbibil()Tg coniflbute fees si) thal tollectiyely we can produre a highttality, inclusive and ground-biyaking event. The Chariws objecis are to L)romote, maittraiw improve and advance edwtion by tlie encouragement of the urt$ ni generaj and in p[l¢U1 tbe art of lens-based Jnedia, in particular but not exclusively. by oanIZIng a bi¢t)ni81 ph()tograpliy festival in BTighton and Hove and otlier simitar a¢tivÈties. Rooted iu Sussex and internationaj in ouilooL we &¥ploTV the role of phutoaraphy ill society. how it frdmes our lives and it enlwices OUT understandingv of the wi)rld alld each othèr. Since 2003 BrightOD Flioto FTinge has delivered I l open access fe%tiva]s. graining international recoiFnition for its high-quality proJammes. We utilise OUT ¢xpertise aud position withill the industry to ernpower aTtists at all 5tatres in cretYtiYe.jDurney to become self-reliant and io setthe agFenda of how they make and shtwe Iheir work We ive1cot auyone curious and passionate about photogrnpby. We lytt to open up the artfoTJD afid ensure iJL¢Iu5iveness for peopk fa¢ino brrIerS, including youug. global majority arti815,' y.oung people in and outside forrllal educatiollu &od lower socio-ecoDomic groups aETOS$ thb southea51 Coast. We striv¢ be a demoLYatic, accessible, welwming and gupEx)rtive platfom. Encournging participation is key to eveL)rthing we delivei. Thi5 open ethos of tli¢ Frimgc n]akes it di8(inct from other pbthog4zphy or lens-based festivals presently working in tlie U We hawe buitt a ieputation for. accogsible. aftordable exhibitLOD platforn - chaTMpioning art colle¢tivcs - ttrtist CPD. meiitdring & industy networkiDg -training en]ergiing ¢urah)rs to pTo]note inclusive pra¢tice - coIiunis5ions that encoLge p&ticipation inremational exchanges & iYsid¢i)cieg - SUp)rt for underrepresonted artists - trIng youllg people'g creauvity. bstering experimintation 'rhe cbarity's key straicgic a]ll- l. Stratsgic developmeni.. to create a model of relationship& optK)rtunities alld pled8es to fund ourTr15ion io develop new way& of seeing together and bllild a diverse c1)Mullity of inttrest to '0vide new energy and expand capacity. 2. Talent deYelDpmcnt.' reach aDd develop lens-based artists and DUre ditrcrse te[rt 3. Curatillg participa11 to in¢rvase confiden¢e, ettativity and well-being in Photo Fringe partscipallts 4. IDspiring new ways of sL¢ing= CTeate and deliver kty mesSleS about contemporary photography to diveT8e 8udien¢£s itL a bol(L ¢ffective ana ¢ngagillgway. Page 2
BRTGwfoN PHOTO FIUNGE
REGISTERED NUMBER: 080737
REPORT OF THF TRUSTF.FS
FOR THE YEAR ENDED 31 MAY 2025
OBJECTIVES AND ACTlVtTTES
Sigllitieant aetivitie8
"Photo FrIEe b¢cn hkmds4town the most ivonderthl exhibitiojj experience I have evcr had, and the only one where I
felt part of a ¢aTinU eornmthniry. It" is a wonderful opporLLmiry tlni bas swh a positive impact on p¥ople 3nd the
photographic QOLnn]wiity as 8 wholc." (l1St1all Jagro, Photo Fringo ¢xlffi)iioi, 2022
"The fiinctioll of art is to do illOT¢ tlian tull it like it is- il is Io ilmane what is possible." bell hooks
We Ftcd The UK - Sankofa by Arpita Sha
We Feed The tJK is a illajor arts projeet by ihe Gaia Foundation, pairing critically &ccl&imed photograplierg and poets
th TeiFen•ative larmcts, urban
BIUGHT
N PHOTO FRtNGE
REGISTERED NUMIIER: 08073756
REPORT OF THE TRUSTEES
FOR THE YEAR EIYDFD 31 MAY 202
0ECTIVEs AND ACTTVITIES
Esiablished as a project I W4, alld as & charity in ?(X)5, Moulsecoornb Forest Garden ad Wildlife Pmj¢ct- MFGWP
- is a small ¢harity on the outskirt5 of Bri8hton located iu an ayea ofhigh dwivalioll with feiv commllnity Eaoilities.
They oonttect peopl¢ with gaTdenins tood, and ttllre in various iTrw5, workiJ]g with primary and secondary schools to
offer an altern81ive for pupils who struggle in a typical ci8Ssroom settiu& They 80 ]un a therapeiilic garden project fxbr
people of all abilities. Im¢lugivity and diversity are at the heart of the gayden pmje¢4 with voluiiteeTs ivelcome ort
Tuesdays kd Fridttys. By collaborating with local h[s, social swvices. P11 irferral uniis, aL]d the youth S]re,
2¢IFliWP gllpports young people in piogte55ing wittiin alAStstatn educaiion aDd achievin(F their full potential.
PhoLO Fringe h¢ld open call tOT an artist to work tlie MFGWP during the summer of 2024. Artisi Beclcy Warnock w&5
selected Trorn a strong shortli5t. Shè imtnediat¢ly COIrCIEd widi the volllnteers, ttnd co-creaied a new body of WOEk witl)
them. Daisy Bn)wn also iallght volwjters to us¢ ma0 lells Cameras to tht gardLn in intense d&11. Euall Spe(er
W&S COTnmisgioued to take pbotogrllphs of th¢ £8rdell to help prornote it5 30th AnDiv¢L7ary. d]at Niras Celebrnt in Jllly
2024 with a well-attended open day.
FLmain8 wa5 raised from BHCC Shared Prosperity Fund. Chalk Cliff Trust and East BrigkntOD Ttust to 5UPPOrt the artist
coIrl]s1O, When Th¢ Seeds Fall, htlp8=/ll024.photofring¢.DrpJexhibitian51wheD-Ihtrseeds-fall
We &ubsequeJtly partnered wiLhNetWOTk Rail and Govia Thameslink to 8how&isE ihE resu]ting works Ilie foot idge
on MoidsecoDmb train st&tion. Ivith additional funding for the insta]]ation provided by GT Railways. The Bxhibition
n]ains in sith February 2025. An outdoor ¥xhibition was held on Brighton seafro on Raillbow Square by the 1360,
durittg the Pholo Friub7e f¢stivaL qth am estimated foorfall for the month ol October 2024 of 1.3tll people.
We will also develop educ21ion resource pack for local ¢hildrcn that prornotts sustainable fd growing aT)d the u8¢
of phots)graphy Èo record borticukllral joum6ys of budding gardene.
"This has been a lovely example of holy engaged our voLvDteers can be in a PToje¢i. inspired by talented artists who
bring oirt ih¢ 5t in ptople. Yi1)S creativity inclusiou, respect aTJd ftDL" Sugie Howe115, MFGWP Chair of
TTUStces
"Our volullteet3 alid primary school kids had so mucli futk ivith the project and SO PToud of the stu]]ning exbibits. Et
really inspired some of the pwils to u¥ photo
BR[ClON PHOTO FRJNGE GJSTERED TrIU R., 08073756 RElRT OF THE TRUSTEfi S R THE YEAR ENDED 31 MAY 202S OIAJEcfivES AM) ACTIVITIES As with every PhoLO Fring< al1¢nCeS had thc c11ae to uncnver exhibitions in uttexpected places ld coniril)ute conlenl. Olllin¢ rrails scl up by ollr cobort ot emergTing curalors iDwited alldienc£s Qt home to paTlicipate and join ill from wherever they live. Responding to call lur a Photu FTinge in Portsmouth gave us the challce to share our mode] foi. the fust time fllrther atou¥ tht coast revealing an elle¢t]¢ response and foundatioS for fvtt]re prourarntKLe5. Partnering. The Gaia Foundation took us into the lieart of a Jaiional programme and discourse around r(x)d production, regeDeiativ¢ farLning and ecolokry svpwrtinkT UUT missiL)ll to apply photography in catnpaigniiig for 8 greener, sater Ivorld. ACIlVE1ENTs Our open a¢ce&s festival ittvited everyon¢ to take patL here's what happened.. Ov¢r J tnillion people encountered our exhibitious in venues ad outs'ide, with 31.000 pag¢ Yiews un our website, and 9000 viSir5. 102 txhibitions a¢rosg 72 venues 30 olliine exhibLfLOIIS 87 artists seltt¢d throu open call 523 exhil)itors took part 78 events tnded by moye []L5000 people 53 artists &YJubit¢d in Poitsmoutb I I schools aDd ¢olleges took part the progranune We feathred ot) the fro p8ge of local neMLspap¢r The 7118 and reviewed in The QTuardian and BBC new& aud in specialist P55. Portsmouth Plioto friTh8e was invited by photographers ld aitlS'L-led orn1$tL0ns in P0rtsrnu to t]¢lp develop a Ph0 FriDge festival there. With Support from PbotowDrks and Ricardo R¢veroll Bl3hCQ at Aspex Gallery, we mentored Potnpey Darkro(iffj and UniVety of Portsrnouih tutojs and s(ud¢nts to host ev¢nt5 and exhibitions during Fringre 2024 festival, showcasing 53 artists a¢r055 th¢ tovq], with I l young photographer5 putting Oli their f# ¢xhibition at Aspex. We plan to build On this huge Succ5 tn 2026. N¢whaYen Duriug the 2022 festivat wt hosted an experitnental at the old Peacock store with an instlatIO0 by tISt collective It-striicture and an outdoor exbibitinn co-LYeated bv artist Kathiyn Martin at)d local re5LdentS, Still in situ In Feb 2025. Building on this we worked.Ivith Creative Newhayen to d¢velop a hub in the new arts complex, Marine WoIk8hops. on Newhavet) HarbouT for the 2024 festival, with the n)ajor exh1Tr)ition A Land WithiJL curated by inoeptndent publisher aDd design stwlip Jane & JeYeJny inrkndiub7 awla]nd artists Kattyi Marttn. Veronique Rolland, Rhiannon Adam and Alison Lloyd. Public benefit The Trnstees certify rhat they have pa&d dii¢ regard to the Charity CoJMuissiott guldattce on pttblic bellefit Tn deciding l]at activitie5 the Charity 8hould wJd¢rtake. 'fhis they belieye is demoltea inihi8 Teport. vtNANCIAL REVIEW Fina¢1] position Durillg the year the cbarity echieved asurplus on unrestricted activities of £5.i23 and this has been added to thB reserves brougbt ftxivard oE£I,596 to leave £6,919 to be Lwyied forward. Rer¥eS policy It has b¥en the policy ofthe Boayd of TNstees to build reserves for the charity- On 31 May 2025 th¢ chaTity had £6,919 unrestricted ttgerves. The cbarty has previously set a taTg¢t ot £1,000 per y¢. lo be raised through donations and sales. The Board is c0Th5idering how best to raise ndS and generate more income for the charity. We atE actively seeking Trust¢e% fuod¥aising expertise> particutarty ill itidividual givi P48e 5
BRIGHTON PHOTO FRINCE GISTERED NUMBER.. 08075 REPORT OF THE TRUSTEES FOR THE YKAR ENDED 31 MAY 2025 srRucfuRE, GOVERNAFICE AND MANACEMENT Goi'ernlng docuwent Brigbtoii Photo Fri]we was incO0Ted on 17 MJY 20I2 (reoistErtd company T)umber 08073756). It 1P1ved ¢hJritable status on li Jllly 2012 (regislered chariry numbeT 11481091 and took over the a55¢t4 liabiLiii&8 activifies of til¢ UnincoTroT&ted A550¢ialioL1. BiiLhton Photo Fringe on l June 2012. The Charity is a company limited by guarantee and is governed by its Memiirandum andAnicles of A&4'ociation 'ed 17 May 2012 85 amended 2 July 2012. Rrcruitment and appointmcnt of new tru5tses The Trustses (Directon for Companie$ Act Purtx)sb>S) are lied in this reporl. The sub5criber3 to th¢ MeOran{lLll are the fiTSt Thte¢S of the charity. and when cowl¢t¢ the Board sbould consist of at least 3 individuals. Decisions are tnad¢ by a ]nimuM of 3 Tn]stees at quarterly 'frusiee Mwlings. All decisiollg are recorded in ihe Minutes. Tasks are drlegated to Board tbe¢S or freelance staff who rep)rt to the TIu5fees each month. Pro.oress is monitored by tIiL Tru5tec5 at cacb meEtii)g. Org&nlsatlollAI upd%te In Au.tsu9[ ?025 Claire W&irn decided to stand dowtt as Director. Chair RBbecc& Drew and Trustec l.lelen Wade, the Board Comnts lead, have also indicated they will step down ODce replacements have been recnJÉted A public Trustee reGruilJnetti process has been lauD¢hcd. New stalTwill'be rectuiied in Spring 2026. lkn¢ Chair of ih¢ Board wuiild like to tak¢ thi5 OPPDrtlltLitv lo thank ClaiTtt fur her d*18 and dedication to photo Flinge during het renutE. The festival hzs thtiv¢d ftder het leaderstup. ld we wish her well in all hcr tre eudeavoty. Illductstin and training of Érustees 'I']usLces are recruited in a¢cordance with the eql7 opportunities and recJiiYttllellt policy. SUesSfuL 8pplicani$ artend an IFe's policies Rnd pro¢edures, the rol& inductioii meetihg with tbe Chairyeison and are introdllced to JITighton Photo Frin. and respDnsibilities Of being a Tru$t¢e Èlnd jIdCe from the Ch]ty. CortuniSL0n and Compauies HoSe. One third (or the nujnbcr nearest one ihiyd) of the Trustees must retire at each AGM, those longtst it) office rlrI, f1rst alld the dLoi¢e between any of cqual TviCE being made by dra'ing lots. A Tnstce retiring under this Article may siand for re-eledion. REFEREf¥4CE AND ADMfiNtSTRATIVE DlITAtGs Reglstered C0[npY number 08073756 (Sland zTrd Waies) Reglgtered Cbarlty number 1148109 Registered offlce Grey¢ot Leive5 Road BTightou East Sussex BNI 9JS TrustEe$ Mq R DIew {Chair) M5 K Watson Iru'signed 12.225) Ms H Wadc (reSied 142.26) R M Wathinb M5 T E Silvey {resigAed 14.226) M5 C Samta-Ana Ms R Rogers (appointed 12_2.25) Ms B Iloakes (appointed 12.2.25} M Ballard (appointrd 142.26) Page 6
BRIGHTON PHOTO FRINGE REGISTERED twTrtBER: 08Q73750 REPORT OF THE TRUSTEI Ei S FOR THE YEAR CNDED 31 MAY 2025 REF£4 RENCE AM) ADMTNtSTRATIVE DETAILS Independent Examiner c[LStopher Kobert Tyl¢r FCA DChA FCIE FI CRT LiJuited Flat 24 Wellingtonia C4)urt Laine Close Brighto Easl. Sussex BNI 6TD Il¥nker$ Tht Co-OperaL'ive B8nk POBDX 250 Skeknersdaie 6WT Working name l)hoto Fringe STA TEMET4T OF TRUSTEES, RESPONSIBlllTIES The tTuslees (who are also the directo of Brighton Photo FfiDge for the pury%)ses ot collyany law) Flre reSPDnsJI)l¢ tor preparillg the Report of thè Trnstees and the fi¢1&1 ststeineJLts accordallLe writh applicable law and United Kingdom Accounting Standards {Unld Kingdoin Generally Acceptsd Accoullting Ptactice). Conwany law Tequire6 the trustees to prepare fillaCIaL stalemwt8 for each fllmllcial y¥di' whicli give a true fair view of the stktte of affairs ot die ¢l]aritable compaiiy tu)d of the illcoming try()urces and app]icaiioi) ot resources, itLcludiDg tli¢ iiicome and expejjditure, of the cliaritable cotnpany for that period. In pping those fmancial statements. the trustees arc reqIred to select suitable acCDuntrs policies ad then apply ihem consistently. obser¥e the jnet1dS alld principles itt the Charity SORP: tnake judgements aTLd estimat¢8 that are reaSDjbse and PTlldent- prepare the financial siateinettt5 OtL the going conctrrll basis uttless ii is inapprop17¢ to presume that the chayitsble ompany will cuntitLue in busines5. The tlljstees atE respgnsible for ktePiDg proper accountin<F records whtch disclose witb reasonable accuracy a( any tin)e the f1nancial position of th¢ ch3ritable COpanY alld to ellable them to eJJsure tt]at the fttwicial stfttrments compty with th¥ Companies Act 2006. They are a150 responsible for SafebTirdl3lg the assets of the charitable company and hence for taking reO11ab]e sttps foi the preventiijn al detection of traud and other irregUlLtis. Approved by order ofihe b(Yard of Lrnstees O..4%.... and on Its behalfby.. Ms R Drow- Trustee Page 7
INDEPENDiwf EXAMINER'S REPORT TO THE TRUSTEES OF BIUGHTofi PHOTO FRINGE Independent exa]ner'S report to the trust¢os of Brlghton Photo Fringe ('the copanY') I teptsrt to Llie charity truslees on m.yexamin&tRon of the a¢counts of the Company for the year end¢d 31 May 2025. Responsibilitie5 and of report A5 the Lharity's trustees of thL Cojnpany (and ulso its dir¢ctffi'$ for th¢ puty)ses of company law) you are responsiblc for the preparatio of the ar¢ounts in accordance with tbe r¢ouii'8ments of the Compalltes Ad 20Q6 Cthe 2006 Actj. Having satisfied Lnyself that the accousrts of the ComJ)any are not requiwd to be audited ll[er Fart 16 of the 2006 Act and are eligible for independent eXalatioll, I report yespect of my examination of your charity's sccounts as carried out under Se¢tion 145 of the Charities Act 2011 {'the 201 I Acl). In carryivts out ¢xamiiiation I have followed the Dir¢ctions given by Ihe Charity Commission Ulld 8ectiorL 14)(5) Oy) of the 2011 Act. Independent examlner's statement T have completed my exajwnation. I confm that matters have Lo my atteniion in nnectIOn with the eXamIn]0n giYingF me ¢allse to believe= a¢coutttiDg Lewrds were notl(epL in restt¢t ofthe Comrony as required by Se¢tion 386 of the 2006 ACL or the accounts do not accord with those records; or the gccounts do not £o]llply with t&e a¢cow)ting requirements of Section 396 of the 2006 A¢t other than any Tequirenientihat th accounts 14ve a Irlle and faiv view which is not a atter considered as part of indepeDdenl ex&lliDatL(m' or the accoLmts have llot been prepared in accoIdance with rhe metli(yds 3nd prihcipies of the Stat¢ment of RecDmtllended PratÈiGe foi accountiD<y and T¢pofLing by charities {appli¢able to chariligs prewng their afjeoLU)ts in accordanc£ with th¢ Finaniial Reporting, &andard applicabl# in the UK and Rq)ubli¢ of Iretand (FRS 102)}. I hayc no COELcerns and have come across no other matters in connection wtih lh¢ &¥arninaiion to which attention should be diawn in diis report in order to bLe & proper understanding of the Rccounls to be reacbe Christopher Robert TylerFCA tKhA FCTE FI CR T Liniited at 24 WelLuWoni& Court Line Close BrisFht()n East SusseK BNI 6TD Page 8
BRIGHTON PHOTO FRINCE TA TEMEI NT OF FINANCIAL ACT R THE YEAR £IYDED 31 TrIAY 21125 2025 Total rw)ds 2024 Total Funds Upreytricted Dd Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and le¢7eS i06 131 Charitable aetiv5tles Artistic piojects I I,200 35,115 12,250 Other trddingF activities 711 3,000 3,7ll 61 Total 12,217 3&115 50,i32 12.442 Exp£f4DITURE ON Charwtable activitie3 publicity Projeci developmcnt Support 2,818 2,866 12JO 4,427 38,891 2247 7,245 41,757 3,457 12,983 1,000 Total 6,894 45.565 52,459 13,983 rslET tNCOIIIEI(EXPF.NDITURE) 5.323 {7,450) (2,127) (I,i41) R£CONCILTATION OF FUNDS I'otsl ftu)ds brouJi f(xward 1,596 7,450 9.046 10,587 TOTAL FUNDS CX&RIED FORWARD 6,919 9,046 The notes IOTM part ofthese fit)[nl&l ststejnents Page 9
BRTC.HTON PHOTO FRVNGE REI GISTERED NUMBER: 080737 BALANCE SHECI T 31 MAY 2025 2025 Total funds 2024 Total fi]nds Unrestrictsd fund R¢5tricttd nds Notes CURRELYT ASSETS Debtors Cash at bank 2,999 9,621 2,999 9,621 10,347 12.020 12.620 10,347 CREDITORS Amounts falling due iwithin ortre )p&qr 10 (5,701) {5,701) (1,301) NET CURKETrrr ASSETS 6,919 9,046 TOTAL ASSKTS LESS CURRENr LIABILrtlES 6.919 6,919 9,046 NET SETs 6,919 9.046 FUNDS ULvestricttd tiestriLted fillS 6,919 1.596 7.450 TOTAL FUNDS 6,919 The d)ayiiable conwany is entitled to exetllption from audit under Sevtion 477 of the Companies Act 2006 for tbe year ended 31 May 2025. The merntxrs have not TequiTed the company to obtain gn audit of its finÈ)nciaL Stateme] lor the year ended i l May 2025 in aoIdance Se£tioD 476 of the Coinpanies Act 2006. The trusteos acknowledge their resp)nsibiliti¢s for (a) ensuring d]at thc clk]ritable compaDy keeps artIll8 rec()rds wmpty with Seclion$ 386 and 387 of the Cotnpani¢s Act 2006 and pywitlg fin8ncial statements ithi¢h give a tru¢ ad fair view of the state of affairs of the cbaritsble company as at the of ea¢h fittancial year and of its surplus or deficii foi each tinaucial year in accottlance with dLe requirements of S¢etions 394 and 395 and whith otherwise comply Mqth the requittmeths of the CompaDiLS A 2006 relatillg I'o Fan071 5tatetnents. so r as applicable to the Charitable compally. (b) These f]lldncial statemet)ts have prepdred in ¢01'da]Lee with the prnvisions applicable io chdritsble companirs sbJeCt to the small cornpanies regime. The tillancial statemenis were approved by the Bo3xd of Trusltes and authoTised tor issue . ana '¢re signed on its behalf by.. oil R Drew- Trustce The Dotes form yart Of the fil1CIal ststement5 Page 10
BRIGITfoN PHOTO FRIP4GC NOTE THE FtNANCIAL STATEMEDJTS R THE YEAR ETrIDED 31 MAY 2 25 ACCOUTr4TIIYG I?OLICTES Ra5i5 of preparing the fii]f¢llci#I st4t¢Ments The fllwicial stalthnthits of the tharit&ble c4)mExDy, which is a public benefiL eniiry under FRSI 02. have been pIepal in a¢cordsllLce with tbE Charities SORB {FRS102)'A¢¢ounlillg and ReportÈng by Chdrities.. Stattmeht 0£ Recomended Practice applicable to charities preparing their accounts WTth llie Firw]cial Reporting Standard applicable ill ttLe UK and Repubtic of Ireland (FRSIV2) {effeciive L Jat]uary 2019).. Financial Reporting StaDdard FRS102 The financial Reportsng Standard applicabl¢ in the UK and Republic of ITelalld' and Uie Companies Act 2006. The finwici&l statetnents have been pIepaTed umdey the bislori¢al cost collvevtion. The accom are prepared in stertitEg, which is th¢ timctioDal currency of the chaYiLy. Moneiary atnounts ift tliese financial statements are rounded to the n&irest £. Jlie trUste0dIrectorS ¢onsid£r that there are no m8terial ullcertainties about th¢ eompally's abilJty to continue as a going ¢on¢ern. Tneome A]1 in¢ome is recognised the statennt of Financial ActLVlties once the clutrity has entitlement to the fvnds, it is probable ihat ihe income will be reeeived and the amount can be mtasured liablY. Exp¢ndlture Liabilities are ie¢ognised a5 expendimre as SOLTrii a$ there is a leLal OT constructive obligalion committing the charity to thai expendiillre. it is probable thlli a traSfer ofeconomic ixnefits. will be required i]1 sedlement and the amoun( of the obligTatiOD can be measuttd Teliably. ExtEnditurL' is accounted for on all accru[5 basis and tlas been ctassified under beadiDgs that aggregate all ¢08t related to ihe category. Where costs ¢aiinot be directly athybuted to particular lieadings they have been all(*ated to actiyities on a b&sis consistent with the ot ztsouroes. Taxation lThe charity is considered to pass the tests s¢t out in Patmgraph I S¢knedule 6 Finantye Act 2010 and therefore ti meets the dL%linition of a ¢haritable company for UK Ct)Tpornlion Tax pll4)oses. Ac¢ordillgl J, the ciwity is pot¢niially exempt tro]n Lation in respect of incimie or Capital InS receiv¢d wÉthill the categories covered by Chapr 3 Part I I Corporatioll Tax Act 2010 Secti(Mi 256 of the Chai'geable Gait)s Act I9. to the extent that such InM0 or gains appliLd excIs1ve1Y to charLtable purpos#s. Fut]d Aceounting Unrestiioied ftmds call be used in accordance with the charitsblt objective8 atdie discretion of the trnstees. Restricted fuJ)ds Can onty be used for particular restrict¢d Pltiposes iyithin the object8 1)'fthe cbayity. Restrictions arise when specthed by the donor or when fjjnas are raised for particular restricted PULpoqes. further ¢xpianaiion of the nawye and PUTPOSO Ot"each nd is included in the notes to the fiuancial statements. DONATIONS AI¥D LEGACIES 2025 2024 Donatiims 306 131 Page 11 continued...
BIUGHTON PHOTO FRINGE NOTES, TO THC FINANCIAL STAT£ FOR THE YEAR ENDED I MAY 2025 iNued OTHER TRADING ACTIVITIES 2025 2024 gdes 3,711 61 IIYCOiWE FROM CH*RIT ABLE ACTivATIES 2025 2024 Activity Arti$lic projects Artistic prOjts Artistic projects GraEtts 29,990 11,200 12.250 iJth8r inc4)me 46,315 12.250 GTants receive(L included in the ah)v¢, are as follo$.. 2025 2024 Art5 Couneil Eiigland Bright()ii and Hove City Council Chalk Cliff Trnst Gaia FoutLdatiOD East Brighton Fulld 29.990 5,000 S,(X)O 1,500 750 29,990 1225(Tr NET INCOMEJffjXPENDITURE) Net illco)nel(eXpej1Iure) is stated after charging(creditingl'. 2025 2024 Tndependent examinatron 1,000 1,000 TRUSTEES. RF,MUNlI RATION AND BENKFTTS Tliere were trustees, re]nuncrdrion or othcr benefits for the year ended 31 Mdy 2025 noi. for the yeaT ended 31 May 2024. Trustees, exptnses There were no expense5 paid to the Ttustees. Page l? olltinued...
BRIG FRINCE NOTES TO THE WINANCIAL STATEMETr4 SOR THF YEAR ENDED 31 MAY 2 ntlnued STAPP COSTS Ther¥ were no stsff costs dui'inLJ tli¢ year. The chai'ity ci)nsidets lis key magllent per50llnel to the trustees who irceived iio reMueIlOIL COMPARATIVES FOR THE STATEMINT OF FINAf4CJAL ACTIVITIF.S Unrestricted fwid Restricted funds Totsl ds IIYCOME AND ENDOWMFNTS FROM Dimaiions and Le&et¥S 131 131 Chi)ritable activities Arti5tir projects 12,250 12,250 Other tr&dilliY activities 61 Tota] 192 12250 12,442 EENDITU RE ON Charitable 8etlvltles Project development Support 4,184 1,000 8,799 12,983 i.O(M) Total i,184 8.799 13,983 NET IP4COME/IEXPENDITURE) {4,992) 3,451 (1,541) RECONCILIATION OF FUNDS Total funds brought forward 6,588 IU,587 TOTAL FUNDS CARRIEI D FORWARD 1,596 7,450 DEBTORS: Amouwfs FALLINC DUE WITHIiY ONE YL4R 2025 024 Grants receivable Pa8B 13 continued...
N PHOTO FRGE NOTES TO THE FINANCLAL ST ATEMENTS- eontlnued FOR THE YEAR ENDED 31 MAY 2025 io. CREDITORS: AMOUNTS FALLING DUE WITHJN YEAR 2024 Accrlled expenses 1,301 MOVEMENT IN FUNDS Net overnent In flliids At 3l.5.25 At 1.6.24 Unrcstritted funds Gellual tund 1,596 5,323 6,919 Rtrifted fllnd5 BTigbton aDd Hove City CDuiIGiI- Slwed Gaia Foundation ChaLk ClitfTrust East Biighton Fund 2,700 4.(X)O 750 (2,700) {4,000) (750) 7.450 17,4iO) TOT AL Fuf4DS 12.127) 6,919 Net movemenL in fund& included in the above are as folloms: Cornig Eesources Resour¢es expended Movement ruJLds Unrestricted funds General fund 12,217 (6,894) 5.323 Restricted fulld5 Arts CollclI England- Projecl Funding (Common GrOUd) Brighton and Hove City Councit- shrd Gaia Foundation Chalk Cliff TrLLSt Cr&Ltive Newhaven 8t Brigtston Fund Gai& roundatiOn LCC- University of London ls. Photow05 Thame8 Link University ol Brhton 29,99 {29,990) (2,700) (4,OUO) (1,000) (750) {3,625) (350) (650) (5001 (2,000) (2,700) {4.000) 1.000 (750) 350 650 500 2.000 38,115 {45.565) (7,450) TOTAL FufqDS 50,i32 (52,459) (2,127) Page 14 continued...
BRJCTTrroN PH(Yro FRTNGE NOTES TO THE FINANCIAL ST ATEMINTS- continued FOR THE YEAR ENDED 31 MA Y 202? MOVEMENT IN FUNDS- conlillued Comparotives for mnvement An funds Net moyemejrt ill funds At 31.5.24 At 1.623 Unrestrictcd fuDd$ Gell.1 lund 6,588 (4,992) I,596 Rtstricted fllnd5 Art5 Collncil EagJaDd- National Lottery Project Fund BrI]ton aTLd Hove City Council- Arts Partnership Award BriBbtou and Hove City colClI~ Shfired Gaia Foundation c11k Cliff Trust Eo$1 Brigbton Fund 1999 I,(x)o {i.000) 2.700 4,000 750 2,700 4,000 750 i,451 7.450 TOTAL FUNDS 10,)87 (1.541) 9,046 Cumparative Jlet movemwt in fIaS, included in the above aye as follows- R¢sourc¢5 ¢x Movemttnt ill fimds resources Unre5trictod fuDds General fuud 192 {5,184) (4.992) Re$trIctl tllnds Arts Council Engialld- National Lottery Project Fund BrI)rOn and Hov¢ City Council - Arts PartneTship Award BElt0 ind l.loye City Council- Shared Gaia Founddtion alk Cliff Trust Easc Brighton Fund Gaia Foulldation (2.999) (2,999} (1.000) (1,000) 5,000 5,000 750 l.50 {2,300) {i.000) 2.700 4,000 750 (1,500) 12,250 {8.799) 3.451 TOTAL VUNDS 12,442 (lJ.983) (1,541) The pthpose of ea¢knrestrictsd fLd was as follows.. 2023-2024 Cbaik Clift Trust: towards the Gardcn Estate pn)ject Brigbton & Hove Shared Prosperity Fund towards Garden Eststtr and OPEN ECO 2024 East Brighton Trust.. towards the Garden F.gtate project Gaia FoundatiOlI.' towards a commissioD by Arpita Shah for We Feedthe UK Pagt 15 contÈELUed...
BRICHTON PHOTO FRJNGE NOTES TO THE FINANCIAL S>TATEMENTS- continued FOR YHF YEAR ENDED 31 MA Y 2(n5 ii. MOVEMENf IN FUIYDS- continued 2024.2(125 Guia Foundatio towards & comn]i85ion by Atyita Shah for Wc Feed rhe U Goyia Thamesliiik: towaLd$ Garden Estats ptX>j¢eL Newhaven Creative5: towards A Laud Within &Yhibition Photoworks.. towards the Portsmouth Hub and Daniiy Wilson M¢morial Awai'ds UCL Lolldon Ci)Ile8e of CoJ]]rnunicatioii'. toward5 the Danny Wi]30b Memorial Awards University o£BrighLon'. towards intemships 1£ RCI LATED PARTY DISCLOSURES There wer¢ no related party transactiuns 'for the ar ended 31 May 2025. P4e 16