AGM 2020
Chairman’s report
This year has been challenging. Fundamental to CoActive Arts is social and artistic interaction, not only in the activities themselves but in the combating of social isolation and the promotion of physical and mental stimulation. The impact of the Covid restrictions has necessitated some significant and innovative changes in how we have operated this year. One of the advantages of being a small close knit team is that it is possible to plan and instigate changes quickly and effectively. Having said that, there is no substitute for live group activities which are the hallmark of CoActive Arts. We are already planning for when these will once again be possible.
CoActive Arts continues to be managed effectively and we achieve an awful lot with the funds available to us. You will see from the accounts, which Janice will present that we have no debts and we have some money in hand.
In the past, one of our key challenges has been maintaining continuity between one project ending and another one starting caused by funding gaps. I am pleased to be able to report that this situation has been all but irradiated due to the development of a much improved funding strategy and its implementation.
As reported last year, one of our remaining challenges is to create a sustainable legacy. We remain heavily dependent on two individuals and recognise that the long term future of CoActive Arts requires that we can survive and prosper irrespective of the individuals within the organisation. I would emphasise that we are not planning for any change in personnel in the near future. We are making steady progress towards sustainability but we are not quite there yet.
A major change this year was our move from St Andrew’s Church to The Ridings. We are most grateful for the support and encouragement given to us by St Andrew’s over the past years but the opportunity to work with Stride Theatre and The Art House was an opportunity too good to miss and we look forward to an exciting future.
I am delighted to report that we have welcomed three additional trustees. They each bring their own strengths and skills and are already having an impact on the work of the trustees. Unfortunately we have been unable to meet face to face for what seems like a very long time. However, we do meet, together with the Core Team on a regular basis via Zoom and are in this way able to conduct the business of CoActive Arts successfully.
Summary
CoActive Arts is a small charity, entirely dependent on grants. Attracting this funding has always been and continues to be a challenge. However, even during this difficult year we have succeeded in remaining financially viable whist adapting to a very different working environment. CoActive Arts continues to do incredible work with people with learning disabilities and I am confident that we will continue to go from strength to strength
Steve Rogers (Chair of Trustees)
CoActive Arts FUC 1150805 Income & Expense Comparison September 2019 - August 2020 TOTAL SEP 2019- AUG 2020 SEP 2018- AUG 2019 IPYI Income Gifts and Donations In¢ome Reslricied Unrestrici8d 30.00 70.00 461.00 &81.00 1,413.70 1h43.70 46,197.00 5.413.61 Grants Membèrship Dues Miscellaneous In¢om8 Totsl IrK¥yno 53.851.00 5,767.05 0.00 £60,149.05 £80,149.05 £S3.054.31 £S3.OX31 Income over Expense Expens8S Contract Labour Art15t F88 Al home wort(ing expense Trainging Volunteer EKp&nsÈs 27,989.50 26,499.28 250.00 28,116.00 16,002.00 54.40 8.80 54,747.58 44.172.40 14.99 -75.00 Expensed Equipment Gifts and Donations Insurance Lic8nses and Perrnils Miscellaneous Healthy food option 406.15 100.00 62.65 10.85 406.22 105.37 87.80 192.97 Postage and D81ivery Printing and Reproduction Prolassional Fèas Accounting Legal Fees Web Site 13.04 284.45 124.50 13.00 403.80 11.99 415.79 14.39 151.89 Awual Ba*s Saturday. 27 February 202103".(r3 GMT+OO".(KJ
CoActive Arts RIC 1150805 Income & Expense Comparison September 2019 - August 2020 TOTAL SEP 2019- AUG 2020 2,595.47 704.34 3.299.81 6,020.00 SEP 2018- AUG 2019 IPY) 4,107.57 Programme Expanse Vid80 Editing TO Prwramm• EXP0& Rent Supplies Cleaning and PPE Tirtd Suppl Travol & Eni M8als Travel Tow TrMI & Ent 4107.67 12,400.30 54.23 28.50 877.60 906.10 965.05 97.47 £65,928.72 £ 4,779.87 £147.73 £147.73 £62.826.79 £ 4.771.48 e84.gs NET OPERATING INCOME Other Ineomg NETOTHER INCOME NET INCOME £ 4,&31.94 £ 4.706.03 Not• Slgnéd.... .0818..2.7.-..p..J..-.JpJ.J•ni¢e Rogers Treasurer lor CoAelivt Arts Sign?d.... £IWW ..Date..#." 3.2QLI...Claire Murdy Indèpend8nt Examiner 2 Hadingham Clos?, Ilkeslon. OE7 SHR rual B35is Salvrday. 27 Febnsary 2021 03'.09 GMT+OO."OO 212
CoActive Arts FUC 1150805 Balance Sheet Comparison As of August 31, 2020 TOTAL AS OF AUG 31, 2020 AS OF AUG 31. 2019 IPYI Fixed Ass81 Cash al bank and in hand Co-operative Bank CoAclive Arts 14 day deposrt CoAciive Arts cla¢ CoActive Arts Petty Cash Nationwide BuilLling Society The Co-operative Bank TO1 Cash arMI In hand 3.00 24,733.52 13.239.81 90.12 0.31 2.872.25 £40ts39.01 2.98 29.585.81 14.930.02 111.64 0.31 538.29 £45.169.OS D8btors Accounts ReceivatAe 272.00 £372.00 0.00 NET CURRENT ASSETS £41 J11.01 £45.169.05 CreditDrs.' amounis falling due wilhin one year Trade Cmditors Accounts PayatAe Totsl Tr•J# 3.822.39 £3,822.39 2.048.49 qO48.49 Current Liatj'lities VAT Control O.DO 0.00 Totd Current Grgdltorn: arnounts falliN4 duo wlthln y•ar NET CURRENT ASSETS ILIABILITIESI TOTAL ASSETS LESS CURRENT LIABILITIES £3m2.39 £47,488.62 £87,488.62 £37,488.62 .048.49 £43.120.58 £43,120.56 £43,120.56 TOTAL NET ASSETS ILIA8ILITIESI Capital and Aeserv8S Opening Bal Equity R8tained Eamings Income over 6xpens8 for the year 17,386.57 25,733.99 -5.631.94 £97,488.62 17,388.57 3S,440.52 -9.706. £43.120.56 'Signe(l..... .Date&.?- u&-JLJI .Janice Rogers TaSure[ for CoAclive Art8 "Signed................................... .D3Ie....:..7.-.2 èt I .Claire Murdy Independent Examiner 2 Hadinghaffl Cbse, Ilkeslon. DE7 SHR Arrnjal Basis Saturday. 27 FetKuary 2021 03".02 pm GMT+OO."IM)
(HARITY (OMMISSION i FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteosl mombers of CoActive Arts On aceounts lor tho year ended 31° August 2020 Charity no (If any) 1150805 S•t out on pogo• I report lo the twstees on my examination of the accounts of the above charity I'the Trust") for the year ended Re8pon•lbllltle• and ba81• of rèport As Ihe charity's truste88. you are responslbl8 for the preparatlon of the accounts in a¢wrdance wth the requirements of the Charities Act 2011 ('the Act.). I report in respect of my examination of the Trust's ac¢ount8 carried out under Section 145 of the 2011 Act and in caffying out my examination, I have followed all the applicable Directions glven by the Charity Commi88ion under section 145(51(bl of the Act. Independ•nt tThe charity's gross come exce8ded £250 and l am qualified to •xamlner'8 8tatsment undertake the mination by bein alified member of [insert name of applicable li led bodyll. Delete l ] i not applicable. I have completed my examinatlon. I confimi trtat no material matter8 have come to my attention in connection with the examination {otheIal dis¢lo8etrbelow ') which give8 me Cause to believe that in, any material re8pect.' the accounting records yre not kept in accordance with section 130 of the Charilies Act,. or the accounts did not accord with the accounting re¢ords', or the accounts did not comply with the applicable requlrements conceming the form and content of accounts Set oul in the Charitie8 (Accounts and Reports) Regulations 2008 other than any requirement that the accounls give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no olher matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the ac¢ount8 to be reached. ' Please delele the words in tho brackets if they do not apply. Slgned: Data: Nam•: Mrs C Murdy IER Oct 2018
Relovant professional quallficatlonls) or body (if any): Addrn88: 2 Hedingham Clos8 Ilkeston Derbyshire DE7 SHR Section B Disclosure Only complete if the examiner ne8ds to highlight material matters of COnM (s8e CC32, Independent èxamination of Ghanty accounts.. directions and guidance for examiners). Glve here brlef datall• of any Item8 that tho examln•r wl8he8 to dl•closo. IER Oct 2018