GLSTERED COMPANY tYUMBER: 08220691 (Ellgland and WaJe5) REGISTERED CHARITY NUM BER: 1150539 REPORT OF THE TRUSTEES AIYD UDITED FINANCIAL SfATEMENTS FOR THE PEIUOD i ocfoBER 2023 TO 31 MARCH 2025 ONCA TRUST LIMYTED FI CRT Limil¢d Flat 24 Wellingtonia Court L&Tne Close Brighton East Sllssex BNI 6TD
ONCA TRUST LIMITED C0Tr4TENIS OF THE FINANCIAL ST ATEMENTS FOR THE PERIOD I OC OB I MARCH 2025 Page Report of the Trustees Independent Examiner'5 Report Statpm¢Dt of Frnancial Aelivities Balance Sheet Notes to the Finaneigl Staternenls 9 to 16
ONCA TRUST LIMtTfi D REPURT OF THE TKUSTEES FOR THI PKRIOD I OCTOBER 2023 TO 31 MARCH 2025 Th¢ tru5t¢es who are also directors of the charity for the puwoges of the Companies Act 2(YJ6. present their report with tho tinanoial. st&t¢ment$ of th¢ chaTlty for the per&od l October 2023 to J J March 2025. The tsustees have adopted the provisions ot Accounting and Rcporting by Charitics: Statcmcnt of Rccojncllacd Practicc app¢&ble to chaTities pparing their accounts ill accothce with the Finattcial Reporting Standard applicable in the UK a]Ld Republic of Ireland (FRS 102) (efftrV¢ l JanLWy 2019). OWECTIVES AND AcfivJTLFS Objeetlves and alms Objectives and activities The objtS of the clwity are.. l. To t7ise awaTeuess of environmental and conservation issues througb the arts. 2. To promote educationai initiatives relating lo art and conservation. 3. To lse funds to supwrt conservation projects. ONCA is a combined arts charity venue with a gallery venu¢ in central Brighton. Since Novcinbcr 2012, our programrne of exhjlyitions al outreach has engaged artis'ts, scientists and the general public in a wide range of actIlIes. ONCA'S urban l(Ka¢ion is both & challeng¢ ld & gift in of finding iv&ys to reach out to new dIVee audiences. creatillg links with local community action gn)ups, and LtytUTing the irnagit)ations of pass by. people local to the region ¥lld beyond. ONCA'S woi'k bridges social and enviJDnThenlal justice issues with creativty. We PTomote positive ¢hat)ge by £acilitatin(J inclusivc spaccs for crc&tive learning, aitist SLWtK)rL stoiy-sharing and ¢ommunity solidarit>'. ONCA Gallery WOTk8 ¥Vlth artists, educato¥s and organisatfftons to CdeliVer exhibiiiDll8, events and wottshops that explore social and vironment&l issues. Page I
ONCA TRUST LIMJTED REPORT OF THE TRUSTEES FOR ERI D I OCTOBER 2023 TO 31 MARCH 2 OWEcfivES ALYD ACTITIEs Whllt Trve do We raise awarelless of SociaL and Environmcnth] issuc5 tbrough Art Art for Social Change We WO with thists , activist's 8nd commurLity groups to deliver exhibitions and evellts that explor¢ and promote social illrlubioll and Soci change. Arts. Health attd Wellbeing We use art to explore and promote mental. emotional. social and physical hcalth and wellbeing Clitnate and CultUTe We produre and promote creative initiatives arkd cuftural responses to the ¢lim&te etnergency Decolonising Art & Culture We collth)rate with arti8t% of colour and POC-Icd organi5atiOll5 to curate ond support events and iaxh1bitions that challengFe Burocentriim andr191 within itain¢LreauL arts and cultLITe Endangered & Lost Species We use art to explore stories of extill¢t amd ¢riti¢&lly o]dan8ered species, Cult¢8 and ecological con]munitie8. We facilitate spaces for educatiotL& development iElating to art, cuknie alld the envirnfiment. Artist Dev¢Jlopmenl W¢ prnmofr opwrtullities for artists to develop th¢iT ¢re&livo praclices, Te£eiYe profe55ional gUIdCe aELd engage in pLw-led n¢tWOfking. Educauon for Sustainabilty We Lollaborate with l•arniMg ownisations and artists to desig¥n and deliver creative activities that womote education for susiainability. Environmental Justice & Activism We woA( with local and global campaiJts ers to prornoie conllnuDity-led action & edlleation for environmental justice. Social Justice & Solidarity We work with )nlUnIty OTgallisers alld caPaign group$ tt) ptlO[e educaÈion for trdnsfottnative social ¢hange liberation. Public benefit The tn¢&tces have paid du¢ regard to guidance issued by the Charity Commission dcriding ivhat activities the charity should undert*¢.
ONCA TRUST LIMITED RKPORT OF THE TRUSTEES FOK THE PERIOD I OCTOBER 2023 TO 31 MARCH 2025 ACHIEVEIWENT AND PERFORWCE Review of octlvltles and plalls for the future During this period, the organisatiLTrn made the difficult decision to close its operations due to severe gaps in fimding. All opcrations cattLC to cnd in DcccJnbcr 2024, with evcnts and programnllng to mark the end of l2 yewg of activity. From January 2025, a small e<)nl'ii)gent of trustees have remained at ONCA in a govemgnce capacity alld will contimue to ma1n in this role tor the titne beirjg. ONCA progrnrnThe of exhibition$ atti1tIeS October 2023- Marcli 202$ Throughout the period ONCA hosted: - Weekly Dresscue worksbops fjjnded by Heads On aiid Sussex Conimunity Foundatioll - CuIious Kid3 woIksbops programrve fund¢d by Bi'ightoll and Hove Slwed Prosperty - Panel discSsIO1)S flla¢d by Sussex Community FoundatlOD - Yoar-round clothes swup programEne - NHS Rest Fest ft]nded by N14S Chayities Together - Artist resideJLcy progrJJnme supportillg four diverse Arhsts to n12ke and &xhibit DeMT WO funded by Lankelly Clwe Michacl All<10 P¢tron¢ ¢xhibition$ ~ Many additional talks, Ixyjk lauttches and woiksbops by artists. bOlarS and artivists We ajso hostEd these spectfic exhibitiolls and progrtdmn)e elements: - October- November 2023 exhibition - Claud¢ttc Atkinson: Bri10 Is BurniDg - Novetnber- December2023 Lost Species Day exhiLiition and events programme". Can we Live? - DcB¢]nbci' 2023 group exhibition: He41 - Febtuary 2024 group exhibitioll.. Made With Love - March 2024 &xhibitLOIL- Anna-marie Lamond: Ajoloteria - April 2024 exhibition- Syl Ojalla; A Sparrow Whispered In My Ear - April 2024: Cultural Assembly at De La Warr Pavilion, Bexbill funded by Culture Declares and University of Sussex as Contrirtor - May 2024 exhibiLion: Uiva Inei 2nd Bern 0Don0gUe.' Far from Home - Septernber 2024 exhibition- Benjamin Youd: River Story Ocloi)er 2024 exhJ11ioll - Nalo Solo- Black ill Real Life - October 2024 ex&ibition. Photo FIinge Biennial Atyita Shah.. Sanko'Fa - November- December 2024 L05t Species Day event5 and WQTk5hops pri)grainrrte and exhibition- Tokini Fubara: Ibi Msnj F%wi FflANCIAL REVIEW Finallcial positioll The cbarity incu]TEd a loss on unrestti¢ted Mnds durillg the period of £(16.452) and this has bccn dcdiicted from the positive reseryes brougkt forward of £3,752 to léave i)egative reserves to be canied forward ot £(12,700}. The chaTity shall b¢ in a posltion to pay its debtsiiiabilities ni the next accounting period ivhen the expected funds froin Muscums G&]I¢Ti¢S Exhli )itions Tax Relief arè rcceiveLi STRUCTUR GoRNANcE AND MANAGKMENT Governing doeumellt ONCA Trust Limited is a ¢haritable company limited by guarantee. It was incorporated on 19th Septembei. 2012 and registered as a charily on 21 st Jaiiuary 20I3. 'rhe company was eslablisbed under a Memorandum of Assoeiation. which established thc objcct5 aiid poweis of th charitable company. The ONCA Ga]lery LimitLd iv&g a trading subsidiary tsf the ONCA Twst that w&s dissolved OD 18th (klob¢r 2022. The £IOO investsn¢Dt in thc subsidiary ha3 be¢n written off in tbe accounts to 30th September2023. Fage 3
ONCA TRUST LKMITED REPORT OF THE TRUSTEES FOR THE PERIOD ER 2023 TO 31 MARCH 2025 STRUCTURE. COVERNAI¥CE AND LIIANAGEMENT RecruiÉmeDt and appointment of llew trustees The dire¢lors are elected to serve for & perilxl of tt¥o years, aft¢r which they can. b6 rc-rlcdcd trt the Annual GenèTal Meeting. All menthers of the ONCA Tru* give their time voluntsrily and receive t)0 benefits frolll the charity. Training is provided to new truste#s. NK)ne of th¢ truste¢3 ha¥ any benknficial intzrest in the CollLPy. All of the trustees are lllembern of the company and guarnntee to contribute £1 ii) the eveni of a winding up. REFERENCCI AND ADMINISTIL4TIVE DETAILS Registered CompAny nurnber 08220fj91 (Engldlld and Wales) Registcrcd Charity 1150539 Registered office 70 Islillgwold St1 Brighton East Sussex BN2 9US Trustees L Coleman Ichair) C Wjistler (resigned 1.7.25) Dr V Dajnodardn (rC3]cd 1.7.25) P Turner Chuji J Uchend M Wesibury (resigned 14..7.25) A Rai (appointed 5.7.24) S P Pearl (appointed 14.7.?5) Ind¢prd¥llt Examiner Christopher Robert Tyler fcA DChA FCIE FI CRT Lijnited Flat 24 WellinLrtODia Court Laine Close Brighton Easl Sussex BNI 6TD STATEIVIENf OF TRUSTFES, RESPONSIBILITIES The trustees {wbo aye a150 the directr>rs of Onca Trnst Limited foT th¥ PUTposes of compally law) are responsible for pre]yaring the Report of the Trustses and the financiai ststemojnts in accordance with appli£&ble law and Uniied Kin¥dom Accountimg Standards (Unitcd King.dvm G¢nerally Accepted Accountin Company law rtyuires Éhe trustee8 to prepare tinancial statemellts for ea¢h r]nEoi81 yeaT which give a true and f8ir view of the state of affairs of the cbarilable company and of the incoming reSOUT¢es and &pplicllfion of resour5, in¢Iuding' the income expenditure, of the charitsble company for lJTrt period. ttt preparig those r]nan¢ial srateDLellts. tbe trustr¢s ar¢ Tequircd to 5¢1eGt suilable accounting poIicies th¢n apply thern CODSi5t£DtIy? obger¥e the nthOdS and PTJiiciples in ti)e Charit5r SOIV; ake judgememts and estimates dmt are reasonable &nd ptudent" prepaTe the fiMan¢7al stal¢menls on the Lyoino ¢oneem unless it is IDapproEYiate to presume that the ¢haTiÈable cornpaoy will contillue in buginess. Page 4
ONCA TRUST LIMITED REPORT OF TYL TRUSTEES R THE PERT TOBER 2023 TO 31 MARCH 2025 STATETrIEiYf OF TRUSTEES. RESPONSiBILLTIES- tODtinued The trusÈees are responsible foi. keepit]g' proper ac¢ountit)g recthth whicli dis¢los¢ with Teasonable accut7cy at any tim¥ the fmancial position of th¢ charitable company and to ¢nable Ihern to ensllre that the financial statcmcnt5 co¥nply with the Companies Act 2006. Thgy also SponSible for safeguardillg the agsets of the chatitable company and IlCe for taking reasonable steps for th¢ PTovcntion and dctcclion of fraud arld othcr irrcgularitic5. Approved by order of the board of trLTSt¢es on 30th January 2026 and signed on its behalf by: S P PeaTI- Tiuste¢ Page 5
NDEPENDEIYT F.XAMINERIS REPORT TO THE TRUSTFF.S OF ONC.4 TRUST LIMITED Tndependent exatDiRer's report to the trustees ofonca Trllst Limited Cthe Company,) L report to the c1]ty tLISlees on my eKaiM ination of the accounts of the Coinpany foy the period l OctobeF 2023 co 31 March 2025. Responsibilities and basis of report As the charity's trllstees of the CoJnpaDy (and also its directors for the pusCS of company law) you ar¢ responsible for th? preparation of the accounts in IiCCOTdan¢e with thè qUireMentS of the Companivs Act 2006 Cthe 2006 Act,). Having Satisfied mygelf that the accounis of the Company are not requed to be audiied under Part 16 of the 2006 Acc and aTe Lligibltt for independent eXalILatIO[L I report in Tr5peth of rny exivninatioll of your charty's aG¢ounts as carried oiit under SectiQD 145 of the Charities Act 2Ql l fthe 2011 Act,). In ¢anYll out y ?xamination I have followed th¢ DTrections given by the Charity Comn)iSgiDn under Section 145(5) (b) of the ?01 I ACL Independent pxaminer's statemellt I havc ro]npkt<d my examillation. I Co1]fir thitt mattvrs have come to my attention connection with the examination vitig me cause t() believe: accounung records were llot kept in respect of the Con]pany as i'equired by Section 386 of the ?006 ACL or the accounts do Jjot accord with those records. or the accounts do not comply with the accountinLF requirements of Section 396 of thc 2006 Act oth¢r than ally requirejnent that the accounts give a twe and fair view which is not a matteI considei'ed as part of aJL indqKnd¢nt eJaDiinatioT); or the accounts have not been ptEpared in accordance with the Jnethods alld prir)¢ipl¢s of the Stste]nent of Recommended Praclice for accounting and rep)rting by ChLtIeS (applicable to chatities preparing their accounts Ill accorLlance with the FinanciaI Repotting StaDdard applicable in th¢ UK and RepllbIic of Ireland (FRS 102)). I have llo concerns and bave come acTOSS no other matters in connection ¥vith the èxaminalion to which allention should dIawiL in11]iy report in order to enable a proper understandillg of the arc(Junts to be reached. Christopher Robert Tyl8r FCA FCIE FI CRT LI[ted ai 24 W¢lliiigtonia Court Laii)e Close Brighton East Sussex BNI 6TD Dats: 31 ' Jat)uary 2026 Pag¢ 6
ONCA TRUST LIMtTED srATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD I OCTOBER 2023 TO 31 MARCH 2025 Period 1.10.23 to 3 l.3.25 Total fund8 Yw Ended 30.9.23 TDtal funds Unrestricted fijnd Restricted funds Notes IIYCOME AND ENDowMEwfs FROM Donalions 3lld legacies 3,774 3.774 13.745 Charitabk activitics Ettviroments] 2nd ¢onservation 168,380 209,414 126,645 Oiher iiicorne 1,769 1.769 Total 46,577 L6S,380 214.957 143.360 EXPENDITURE ON eharitsble activities nvitDthental and Conservatio 63,029 183,762 246791 163,812 NET INCOMFJ(EXPENDJTURE) {16,452) (15,382) (31,834) (20.452) RECONCILJATtON OF FUNDS Total funds brought forward 3,752 15,382 19,134 39,586 TOTAL FULYDS CARIUED FORWARD 12.700) 12,700 19,134 The notes fom pt of these financial statemenls Page 7
ONCA TRUST LIMITED IIALANCLE SHEET 31 MARCH 2025 2025 Totsl funds 2023 Tota fiiiids UnrestriGt¢d fund Restricted fi]nds Notttl CURRENT ASSETS Debtor3 Cath at bauk and in band io 7,704 25,983 4.755 4,755 4,755 4,755 C1 DrroRS Atnounts falling dlle within one year (17,455> (17,455) (14,553) DIET CURRENI ASSETSIILIABILTTIES) (12.700) 12.700 19.134 TOTAL A&SETS LESS CURRENT LIAMILITIES (12,700) (12,700) 19,134 Tr4EI T ASSETS (12,700) (l2,700} FUIYDS Unrestricted ftmds Restricted ftmds 12 (12.700) 3.752 15,382 TOTAL FUNDS 12,700) 19,134 The charitable cojnpany is entitled to exemption fro]n audit under Seciion 477 of the Compani¢s Act 2(K)6 for the ptsriod wded 31 Ilarch 2025. The members bave not YeqiLired tbe compally to obtain an audit of its I'inan¢ial sl'atemenls for the period ended 3 l March 2025 in &CCOTdanc¢ with stion 476 of th¢ Collwic5 Act ?006. The trustees acknowlere their responsibilities for (a) ensuring that the Uh[]tabje Coinpally keeps accoullung records that comply with Scttiong 386 and 387 of the Companies Act 2006 and PTepTh. f[ancial statcmcllts which give J tt'u¢ and fair view of the state of affairs of the chaTitabl¢ company as at the end of each f]naDcial year and of its surpllls or deti¢it for each finwcial year in aceoiulance with the requin*nent$ of SectiQll5 394 and 395 and whicll oÉherwise ¢oJnply with the r¢quir¢ments ol.'thc C(nnpanies Act 2006 relalill4J to flliancial stalements. so far as applithle tts the chatitable company. (b) Thes¢ finaDGial statetnents have been prepared ID accordance with the provisions applicable to chaTltable companies sllbiÈct to ihe small coJnpallies regitlle. Th¢ financial stateTneThts weR approved by the Board of Thjstees and allthorised for issue on 30 January 2026 and were sId orl its behaJ.Fby: S P Pearl - Trustee The notes fonD of these fmamcial statemet)ts Page 8
ONCA TRUST LILWllTED NOTES TO THE FIP4ANCIAL STATEMENTS FOR THE PERJOD I OCTOBER 2023 TO 31 hlARCH 2025 ACCOUNfiDIG POLICIES Basis of preparing tbe finanei41 statements The r]nancial statemenls bave been PTepaTed in accoTdaDce with th¥ ch]LY5 M¢morandurn aud Articlc5 of Ag900iation, the CompleS Act 2006 and "Aecountit)g Reporting by ChAriLit%: StalemeDt of RecoMended Practicc applicablc lo Gharitics prcparing their accollnt5 ID a¢Gordwicc with thc Financial Rcporting SttmdaTd applile in the UK and Republi" ol Ireld (F4RS 102) (e.[fLiVe I January 2019)" The ckwty is a Public Benetit Entity as definèd by FRS 102. The charity has taken adyantage of the provisioDS in the SOIIP for charities applyin,. FRS 102 Upd&te BletIll I Mot to LY¢par¢ a Siat¢ment of Cash FIOM'S. Thc fJnauGial statcrncn15 arc prcparcd in stcrling. which 15 the functional currcllry of th¢ chaTity. Monet&ry amounts in these financial Statements aTe rouRdedto the nearest £. The fjnancial staiemenls have been prepared under the historical cost convenuon. The principal ac¢ounting policies adopted are set out below. The financial statements have been prepared on a &poing7 concern basis which &8sumes that the creditors shall not ask for repayjnent unlit the charity is in a position to r4)&y thein. Income Incume is recoLFllised wben the cbarity is legalty entitled to it after any perfosn]ance conditions have be¢n me( the amounts can be measured reliablyj and. it is probable that income will k received. Cash don&lions are recognlsed K)n ttceipt other donations ar¢ recognised once the charity has been notified of the donation. unle&s perfonnance conditions require deterral ot the arnounl. Income recoverable in Tel&lithi to donations received under Gift Aid or dekds of cove1)[ is Ircognised ai che tinTr of the donation. Legacies are recognised on receipt or orherwise if the charity has been notified of an in)pending distribuiion. the an)ount is kno, alld receipt is exyected. If the an]oullt is not knokn' the leg'w is treated as a contingent asset. Expendlture Liabilities are recosnt5ed as expenditse as soon a5 there is & legal or construotive obligation committing the chaJity to tbat expenditure. it is probable that a transfer of econo1¢ benefits will be required in seiLlement and the amouDt of the obligation can be Jneasured reliabty. Expeslditure is accounted fi)r on an accmals basis and has be¢n ¢las5ifi¢d uTrder headinJu that aL¢yr¢gFate all cost i'elated 10 the catcry. Where costs cannot bc dircctly attributed to particvlaT beadings they have Lw). allo¢ated to a1vitieS ot] a b89iS Consistent with the use of iesources. Tangible fixed assets TallgÈble fixed assets are initially measured at cost and subsequently tneasured aL Cost or Yaluation. net of d?PTeciation and ally impairn]ent loss¢s. Depreciation is recogt]ised so to WTtte off the c05t 0]" valuation of asgelg less their residual values over their uscthl Iivc5 on thc following basc3: Plant and equipment 3 years straigbt line Th¢ gain or loss arising on the disposal of an asset is detei]nined as the differettce between the sale pr(Keeds alld lh¢ carrying valuc of thc as5rL and is rccoLFnis¢d in the stalement of financial activiti& Taxation The charity is ¢ODsider¢d I'o pass the tests set out in Paragyraph I Schedule 6 Finance Act 2010 and thcrcforr it meets the definitiob of a charitable conwany for UK ¢orpoNLion tsx PrPOses. Accordingly the cbwity is potentially exempt from taxation in rcspcrt of inro]n¢ and gaills received within catcgories ¢overed by Chapfrr 3 Part I I Cotp)ration T&Y Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to Ihe cxtenl that such illcoe or uain5 appli exclusivety to charitable pwp05es. Page 9 continued...
ONCA TRUST LIfviiTED r40TES TO THE FITrJANCJAL STATEMENTS - coutlnlled POR THE PERIOD I OCTOBER 2023 TO 31 MARCH 2025 ACCOUNTING POLICIES- continucd Fund accoullting Unreslrcted fund5 can bG llscd in accordancc with thc charilablc objcctiVC5 at tbc di5crction of the . stees. RestM¢ted funds can only bo used for particular restricted purposes withiii the objects of the Charity. Restiictions arise when specified by the donor or whell fld5 are Taised for PE1¢u]r r¢8tricted purposes. Further explanation of the nature w)d PUTpose of .fund is inclllded it] the noteg to the finaneial staiements. Flnaneigl h)struments The charity has elected to apply the provi510DS of Section I I 'Basir Financial Tnstru1ntsmts' and Section l? Iother Financial tnstrwnellls Issues, of FRS I02 io all of its fjna7)¢ial iMStruments. Financial instrwneDtS (Ire recognised the chwity's balante sh¢ei wl)en the clwity be<omes party to thc colltrnctual pro¥i5ions of the instLimenL Fintmitial assets aDd liabilities are otYw4 WiLh th¢ net amounts presented in the fmanciai statement8, when ihere is a legall}r enforce&ble rigbt to set OF the recognised amounts and tthere is inl¢iition To setile on a llet basi5 or 10 realis¢ Ihe asset and settle the liability simultan¢ously. Basle flnanclal assets Basic fjnancial assety which iThclude debtors and cash and bank balances, are initially me8gured at transaction PTiCf t[]5&ction c0518 and arr 5ubs¢qu¢ntly rtwri¢d t amottised ¢ost using the effective intsrest meihod unless the arrangement congtiiuies a fthancing transaciioii, where the EradicatioD is measured at the pIesent value of tlle future receipts discountsd at a market rate of interest. Fir7¢1a1 &ets ¢lagsified as receivable withit) one year are not amortised. Basic finallcial liabilities B8sic fmamcial liabilities, includingT creditOT8 and bank loans initialty re¢ognised At ItlSactiOn pricÈ unlèss thts aTrang¢ment ¢onstttut¢s a finan¢ino transaction, where the debt instrum¢nt is mellrea at the present value of the future Wdyrnellt8 di5eound &1 d matket ]7tt of inteTest. Financial liabilities classified as payable wiibin one year a not amortised. Debl insttmentS are subseq¢tlY c8*Yiod &t amortiged cosl using the effective interest rats methorL Trade Credito are obtigJatioDs io pay foT gjoods or seTvices that have been a¢quired in the ordtllary course of i)peTations froTn 3upplier5. ATUQW)ts payable are c1131f1ed as rUe9t liabilities it'pdyment £5 due within one y¢ar or l¢ss. Il"-t)ot. thtiy are pyesented as non-clltTeni liabiliiies. Trnde CrediL0 are recognised initially at transaction price and subsequently rnllred at atnorti5ed cost usiiig the effective interest mgtho(L DeCOgnition of financial liabilities Financial liabilitic5 arc dcrcrogDi5cd wh¥ll Ibc C1ty,$ ¢onttactU411 obligations expire or are discharged or cancelled. Page 10 continucd...
ONCA TRUST LIMITED IYOTES TO THE FJT¥4ANCIAL STATETriENTS- continlled FOR THE FERTOD I 23 0 31 MARCH 2025 DONATtONS AI¥4D LEGACIES Peri 1.10.23 YEar Ended 30.9.23 Donations and gyifts 3,774 13,745 INCOME FROM CHARALE ACTIVITIES Period 1.10.23 Year Ended 30.9.23 31.3.25 Activity Educational events Envit¥ental and conservation CoTMmunity and workspace Enviromental and conseyvation Grants Envitomental and congVatiOn 812 38.022 170,5SO 39,332 85.IAO 209,414 126,645 Grnnts received, included in the alx)ve, are as follows: Period 1.10.23 ye Elld¢d 30.9.23 31.3.25 BrightOD and Hove City Council The Brigjht Foundation Cha]k Cliff Tnt Culture Declares Emergency The Enjoolata FoundatiotL HastiDg5 Contc]nporary Heads On SIL8sex Partnetship NHS Trus( Foundatioll Lafe1]Y Cha8¢ Foundation Southetti Water Sussex Community Foiindation We Are Unjimited Arts Universty Hospitals Sussex NHS Foundation Tn]st UDivcf5ity of Su5seA 4,964 350 150 5,000 1,000 4,990 150 19,000 50,000 1,200 1,000 97,600 3.200 6,018 500 4,000 35,000 170580 85,140 Page 11 contillucd...
ONCA TRUST LIMITED NOTES TO THE FINAI¥4CIAL STATEMENTS - Lontffinued FOR THE PERIOD I OCTOBER 2023 TO 31 MARCH 2025 CHARITABLE ACTtvtTtES COSTS Direct Costs (se- note 5) EnviTomeiital and wns#rvation 246 791 DIRECT COSTS OF CHARIT ABLE ACTTVTTTES Period 1.10.23 lo 31.3.25 Year Ended 30.9.23 s1COSts Rent, rates and watsr Insurancc Ligbt andheat Telephone wid inttrnet Print, postsge and staiionery Sundries Independent examination IT expenses Trnvel Consultsncy Bat)k charg¢s LeLial, PTofes5ionaL and bad debis Ropaify rnaintenance and cleaning, Exhibil'ioD and gallery 144,420 17,084 5.848 3,835 105502 8.OS8 5,413 5,024 1,237 394 3,3il 480 138 2274 1250 2,)04 169 5,549 269 50 6,530 54,841 899 7.400 ?42 (305) 6.407 16530 246 791 103.812 TRUSTEESI REMUNERATION AND BENEFrrs Theie were no trustee5' Temuneration or other benefits for the period ended 31 MaTch 2025 nor for the year ended 30 September 2023. Trustee5 eipen5e5 There w6re no Ètwtees, expenses paid for the period ended )1 March 2025 nor for thb year ended 30 September 2023. STAFF COSTS Styff c(k8ts during the p10d¥' were as follow5.' 20?5 Wages and salxFies Employers nthonal in5uran¢ty ELLployery penqton costs 140,750 1,193 2.477 102,799 1,047 1.656 2024 2023 Av¢rage number of employees No elp]oYee r¢c¢ived emoluments in excess of £60,0(J) (2023 '. none). Page 12 continucd...
ONCA TRUST LIMITED NOTES TO THE FINANCIAL STATEMEIYTS- eontillued FOR THE PERIOD I OCTOBER 202J TO 31 MARCH 2025 STAFF COSTS - wntÈnued Tho charity considers Èt5 key management peOnnel to be the trustees who received no remuneration from the ¢harity. COMPAIi4TIVES FOR THE STATEMENT OF FINANCIAL AcfivITIES Unrestricted fLmd Resiricced fimds Total fimds ITrICOME ALYD ÈLNDOWMENTS FROM Donations and leLTacie5 13,745 13,745 Charitable activities Enviromentat and conservation 79,982 46.063 1?6.645 Other incoine ?.970 Total 96.697 46.663 143 360 EXPEIYDITURE Of Cbarltable activitles Enviromental and conservalion 116,532 47,280 163.812 NET INCOIVIEJ(EXPEIYDITURE) {19,835) (617) (20,452) COTrJCILIATION OF FUNDS Total funds brougljt forward 23,587 15,999 39,586 TOTAL FU]YDS CARRTED FORWARD 3,752 TANGIBLE FIXED ASSEI Pl&nt and machinery COST At l OctolKr 2023 aud 31 M'Ch 2025 7,946 DEPRECTATtON At l Octolw 2023 )d 31 Matcb 2025 7.946 N£1 T BOOK VALUE At J I IW]arch 2025 At 30 Septeber 2023 Pagie l i contillued...
ONCA TRUST LIMtTFD P40TES TO I'HE FINANCIAL STA TEML-NTS - contlnued FOR THE PERIOD I OCTOBER 2023 TO 31 MARCH 2025 io. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAiI 2025 2023 Trade debtOTS Prepayments 4,&23 2,881 7,704 ii. CREDITORS: AMOiiNTS FALLING DUE THIN ONE YEAR 2025 2023 Trade credwtors Social security and other taxes Other creditors Accruad expenses Deferred inwrne 2237 8.968 1250 5.000 9,289 1,920 17.455 14,553 12. MOVCIVIENI IN FUNDS At 1.10.23 moven]ent in funds At 31.3.25 Unr&%tricted fund5 G¢n¢ral fund (16,452) (12.700) Restrleted thnd$ Chalk Cliff Enjoolata Foundation HeaTJs on Dresscue Lankelly Chase 2023124 2.500 300 10,832 {2,500) (300) (10,892) TOTAL FUNDS Page 14 ContL..
0Tr4CA TRUST LtMITED NOTES TO THE FTNANCIAL STATEMEDITS- continued HE PERIOD I OCTOBER 21123 TO 31 TrL4RCH 025 12. MOVEMEwf IN FUNDS- continued Net rnoyement irt funds, includèd ID the abovo are as follows: Incoming rcsourcc5 Resources exp¢ndeAI Movetllellt in funds Unrc5trictrd lund$ General fund 46,579 (63.031) (16.452) Restrict¢d f#nd$ Chk Cliff eIll11 ASnblY 2024 Enjoolata FOdatiOn Heads on Dress¢i Lankelly Chase 2023124 Lankelly Chase 2024125 Shared ProSp&ty Southern Water- MCZ SC[ptEs Suss¢x Comrnunity Poundation - DrClle Fridays Sussex NHS Trust- Rest Fest 2024 Uni.verslty of Sussex - Esmet TntErnship (2,500) (16,998) (2,50U) 16.998 (300) (l O,SJ2) (l.750) 1.000 47,600 50,000 4,963 3,200 {11,832) (49.J50) {50,000) (4,9631 (3200) 6,017 35,000 3,600 (6.017) (.)5,000) (3,600) 168.378 183,760 15.382 TOTAL FUNDS 21.4,957 246.791) (31.834) ComwarAtivts for rnovemeDt ID fundi Ner tnov¢ment in funds At I.ID.22 At 30.9.23 Unr¢strieted funds Get)eral fund 23,587 (19.835) 3.752 Restricted fudS BSUH NHS Wellimgbeing Project Cbalk Cliff Enjoolata FoundatiOD Heads. on Dres%clle ]kelly Cliase 2023124 The National Lottery- Aiwards for All The Narional Lottery- Together for Our Planel 2,365 (2,365) 2,500 (1,040} 10,83? 1.750 (8,510) 1500 300 1,340 1,750 8,510 (3,784) 15,999 {617) IS,382 TOTAL FUNDS 39,586 (20,452) 19.134 Page15 continued...
ONCA TRUST LIMITED DIOTES TO THE FIIYANCIAL sTATEmEIs- continu1 FOR THE PERIOD I OC OBER 2023 TO 31 MARCH 2025 ii. MOVEMENT JN FUNDS- contilled C4)rnp&taiive nel. rnovem¢nt in nds, included in lh¢ llbove are as follows: Tncoming resourcc5 Resources cxpcnd¢d Movement in funds UnrtrICted fund5 Geneiil fund 96.697 (116.532) (19,835) Restricted funds BSUH NHS WeltingbeingJ Project Chalk Cliff Earth Day Enjoolat4 Foundation FJeads on Dresscue Lankelty Chftse 202!124 The National Lottery- Awards forAII 'rhe National Lottery- TogetheT for Our Pl&net We Are Unlimited Arts (2,365) (2,500) (1,000) (6,030) (841) (18,250) (8,i10) (2.365) 2.500 5,000 1,000 4,990 11.67) 20,000 (1,040) 10.832 1,7iO (8.510) (3,784) 4,000 (3,784) 46,663 {47,280) 617 TOTAL FUNDS 143,J60 (163,812) 20,452) The pu05¢ of each Sti1cfed fund wa5 as follow's.. l.Chalk Cliff TTUSt gav¢ support tow'ards staff ¢osts 2.Cultur&l Asseinbly 2024 Clllture Declares Emertraicy contributed towattlg the costs of tbe Culiural Assembly. 3.University of Sussex aIso contributed £10.0 towards the costs of the CuFttual Assembly. 4.Enj(K)lata Foundation funded a YT-Und series of SeaSoaL Clille Cafes i.Heads On funded a Nio year project bTingtinLF weekly sewing cla55es 'Dresscue' to participants With personality disorder5 6.Lankolly Cha8e 2023124 -fi(led tlit) galleTy programme and coThtributed to ¢rnr costs 7.Lankelly Chase 2024Qi - funded che Slery progtamme and Colltributed to core COSLS 8.Shared Prosperity fullded'curious Kids, . a series of gallery-based creative workshops foT ¢hil(ben 9.Southem wat nded the restOTation and maintenance of the MCZ Sciilplure trail aloiig thc Undcr cliff Path 10.Sussex Con]munity Foundation funded COmTnunty sewing ¢lasses 'Dregscu¢' on Friday morniw, mainly supporting rcfiiucc wo]n¢n I l.Sussex NHS TTUSt commissioned Rest Fest 2024 - 8 seTte8 016 mini-festivals tor NHS staff 12.Ulli¥ersity of Sussex covered the costs of an illtemship. 13. RELATED PARTY DISCLOSURES There were no related paty nsactiOnS for th? pe]4od ended J l March 202S. Page 16