## **AGM 2022** ## **Chair’s report** The past year has seen something of a return to normal as Covid restrictions were relaxed. Coactive Arts has now moved its centre of activities to the Ridings Wakefield and are working in collaboration with Stride and the Art House This initially had its ups and downs as, having settled into a venue we were obliged to move to make way for a potential commercial client. This is a down of this arrangement (we pay no rent) but nevertheless, on balance, the advantages outweigh the disadvantages 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. We now have a well established funding strategy and although I would not wish to pretend that we are awash with funds, far from it, we are now much better placed than we have been in the past to plan ahead and to develop la longer term strategy We continue to work towards a sustainable operating model which is less dependent on specific individuals. To this end, we will be moving to converting Core Team roles into permanent employment rather than subcontract positions. It is with great sadness that I have to report the death of Craig Walter, one of our trustees. Craig was a great asset and an inspiration to us all and will be sorely missed. More recently, Laura and Mark have both tendered their resignations as trustees due to other commitments. I would like to record our thanks for their service and wish them well. We currently have four trustees which, although above the minimum required is fewer than we would wish. The search is on for least two additional trustees ## **Summary** Coactive is a small charity, entirely dependent on grants. Attracting this funding has always been and continues to be a challenge. However, we succeed in remaining financially viable whist continuing to develop and enhance our services 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 RIC 1150805 Balance Sheet Comparison As of August 31, 2021 TOTAL AS OF AUG 31, 2021 AS OF AUG 31, 2020 (PY) Fixed Asset TetalFJxedAs8et Cash at bank and in hand Cash Received Co-operative Bank CoActive Arts 14 day deposit CoActive Arts c/ac CoActive Arts Pety Cash Nationwide Building Society The Co-operative Bank Totat Cash fttbank ftndth hand 90.00 3.00 22,972.06 3,520.51 13.00 0.31 678.18 £272n.06 3.00 24,733.52 13,239.81 90.12 0.31 2,872.25 £4omei Debtors Accounts Receivable 320.00 372.00 NET CURRENT ASSETS £27￿93_86 £4L31LOI Creditors: amounts falling due within one year Trade Creditors Accounts Payable 4,170.50 3,822.39 Current Liabilities VAT Control 0.00 0.00 £tLeo Total Credtta￿ ameuttslalltng due kn ane year NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES £w £37.4￿82 £37.48L62 £37.48L62 TOTAL NET ASSETS (LIABILITIES) Capital and Reserves Opening Bal Equity Retained Earnings Income over expense for the year 17,386.57 20,102.05 -14,062.06 17,386.57 25,733.99 -5,631 .94 £a7.48L62 Note Signed........ .Janice Rogers Treasurer for CoActive Arts Signed... .Date.. .Claire Murdy Independent Examiner 2 Hedingham Close, Ilkeston. DE7 SHR Accrual Basis Monday, 21 February 2022 11:45 am GMT+OO:00 111 CoActive Arts RIC 1150805 Income & Expenditure Comparison September 2020 - August 2021 TOTAL SEP 2020- AUG 2021 SEP 2019- AUG 2020 (PY) Income Gifts and Donations Income Restricted Unrestricted 1.51 70.00 461.00 100.00 Grants Membership Dues Miscellaneous Income Programme Sales Sales Tetellncome 39,184.00 3.259.42 0.00 450.20 372.00 £4&367J3 53,851.00 5,767.05 0.00 £6Q14I05 £W4&05 Income over Expense Expenses Contract Labour Artist Fee At home working expense Trainging Volunteer Expenses 30,758.90 11,173.50 27,989.50 26,499.28 250.00 395.00 8.80 -5U47 Dues and Subscriptions Expensed Equipment Gifts and Donations Insurance Licenses and Permits Miscellaneous Healthy food option 0.00 10,182.72 360.00 733.07 406.15 100.00 62.65 10.85 Postage and Delivery Printing and Reproduction Professional Fees Accounting Legal Fees Web Site 3.28 17.96 13.04 252.00 13.00 14.39 124.50 13.00 14.39 15L89 Accrual Basis Monday, 21 February 2022 10:59 am GMT+OO:00 112 CoActive Arts RIC 1150805 Income & Expenditure Comparison September 2020- August 2021 TOTAL SEP 2020- AUG 2021 1,859.17 23.96 SEP 2019- AUG 2020 (PY) 2,595.47 704.34 Programme Expense Video Editing Reconciliation Discrepancies Rent Repairs Building Repairs 0.00 1,155.00 6,020.00 227.80 Supplies Cleaning and PPE 183.48 18&48 54.23 Trav81 & Ent Travel Total &Ent 111.50 965.05 97.47 Utilities NET OPERATING INCOME Other Income Fund Balances brought forward Funding B/fwd Interest Income £-14897_68 37,488.62 -37,488.62 35.54 147.73 47J3 NET OTHER INCOME £147J3 NET INCOME £-14e61e6 £463L94 ..Date....J.i.- L.2.-.Jts.a&Janice Rogers Treasurer for CoActive Arts Signed....... 1 É . 3 . EL .Claire Murdy Irmjependent Examiner 2 Hedingham Close, Ilkeston. DE7 SHR Accrual Basis Monday. 21 February 2022 10:59 am GMT+(Ki:00 212 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of COACTIVE ARTS On accounts for the year ended 31ST AUGUST 2021 Charity no (if any) 1150805 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent tfhe charity's gross incomeAceeded £250,000 and l am qualified to examinerfs statement undertake the examination by being a qualified member of [insert name of applicable 4tsfed body]]. Delete [ ] rf-nofapplicable. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination ((aÉhepthan that diselosed -below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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 in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date: I&.3,EL Name: Claire Klurd￿, Relevant professional qualification(s) or body IER Oct 2018 (if any): Address: 2 Hedip,g,ham Cloqfr Ilka