AGM 2023
Chair’s report
The past year has been a time of both change and consolidation. Although Coactive Arts has continued to be based in the Ridings (Wakefield) the nature of the arrangement with the site management is such that we have been required to move from space to space on a number of occasions. Although this has been disruptive, the Core Team and the beneficiaries have adapted well and, although it is likely that further moves will be required, on balance remaining in the Ridings is still considered to be advantageous to the ongoing work of Coactive Arts.
We continue to work closely in partnership with Stride and in association with The Art House
Coactive Arts continues to be managed effectively and we achieve an awful lot with the funds available to us. Although funding continues to be a constraining factor in the advancement of the services which Coactive Arts provide, we continue to operate debt free and with a small reserve fund (see the Independently examined accounts)
Perhaps our biggest challenge remains the achieving of a sustainable organisation which is less dependent of a few dedicated individuals. Our target for the coming year is to convert the organisation to a mixed employment model with the Core Team becoming permanent employees supported by a number subcontract artists and specialist.
The number of trustees remains at four. Although this is above the minimum requirement it is fewer than we would like
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 FUC 1150805 Balance Sheet Comparison As of August 31, 2022 TOTAL AS OF AUG 31, 2022 AS OF AUG 31. 2021 (PYI 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 Tetal Cash atbank ftndlnlw 70.00 3.00 27,478.29 8,062.13 19.75 0.31 678.18 £WIL66 3.00 22,972.06 3,520.51 Id.U(J 0.31 678.18 £27J7.e6 Debtors Accounts Receivable TotdDebtors 13,427.08 &427_88 £W3L74 320.00 £32fLee NET CURRENT ASSETS £27A97_e6 Creditors: amounts falling due within one year Trade Creditors Accounts Payable 3,109.05 4,170.50 Current Liabilities VAT Control 0.00 0.00 £&ee NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES £4&69 £469 TOTAL NET ASSETS (LIABILITIES) Capital and ReseNes Opening Bal Equity Retained Earnings Income over expense for the year 17,386.57 6,039.99 23,203.13 £469 17,386.57 20.102.05 -14,062.06 "Signed.... ..Date tso-o3-A..15 .JanI Rogers Treasurer for CoActive Arts Signed... .Date.. .iiaire Muroy In(Jepenoent xamIner 2 Hedingham Close, Ilkeston. DE7 SHR Accrual Basis Monday, 20 FeDruary 2U23 ui:2y pm (?M l +UU:UU 11.1
CoActive Arts RIC 1150805 Income & Expenditure Comparison September 2021- August 2022 TOTAL SEP 2021- AUG 2022 SEP 2020. AUG 20Q4 1DV) Income Billable Expense Income Gifts and Donations Income Unrestricted 120.00 872.29 550.00 1.51 100.ou IOL51 Grants Membership Dues Miscellaneous Income T/shirts 79,190.00 7.911.45 845.33 3.00 39,184.00 3,259.42 0.00 Programme Sales Reimbursed Expenses Sales Totaljneome 120.00 900.00 372.00 £4&367J3 Income over Expense Expenses Contract Labour Artist Fee Trainging Volunteer Expenses 44,361.72 12,195.00 825.00 51.19 57.43191 63.40 367.36 1,790.18 58.16 823.91 -22.66 53.93 6.63 614.74 257.60 384.50 13.00 30,758.90 11 17.2En 395.00 Dues and Subscriptions Equipment Rental Expensed Equipment Gifts and Donations Insurance Miscellaneous Office Supplies Postage and Delivery Printing and Reproduction Professional Fees Accounting Legal Fees u.uu 10,182.72 360.00 3.28 252.00 13.00 Accrual Basis Monday. 20 February 2023 05.ob pm GMT+uo:ou 112
LoActive Arts RIC 1150805 Income & Expenditure Comparison September 2021- Auqust 2022 TOTAL SEP 2021- AUG 2022 112.99 76Le9 SEP 2020 - AUG 2021 (PY) 14.39 Web Site Programme Expens8 Video Editing 1,298.07 1,859.17 23.96 L88&13 129L87 480.00 Purchases Reconciliation Discrepancies Rent 1,071.86 1,155.00 Hepairs Buildlng Repairs 308.63 227.80 Software Expense Subscriptions Supplies Cleaning and PPE 71.95 57.56 150.95 183.48 18&48 Travel & Ent Meals Travel Trwd &Ent 41.85 47.70 584.00 111.50 Uncategorised Expense Utilities Gas and Electric 11.00 218.99 1,026.46 NET OPERATING INCOME £-14097tse Other Income Fun(J Balances brought forward Housekeeping Transfer Interest Income Other Income 0.00 0.00 0.00 6.23 16.00 35.54 NET OTHER INCOME NET INCOME £-I<e6 Siqned......... J6..&-J)JS ..Janice Rogers Treasurer for CoActive Arts ..Date....7...¥..' 3 . L3 Claire Murdy Independent Examiner 2 Hedingham Close. Ilkeston. DE7 SHR Accrual Basis Monday, 20 February 2023 05:06 pm GMT+OO:00 212
CHARITY COMMISSION IOR E,,Q(ilAfiD /ifK40 yiifiLÈS Independent examiner's report on the ' accounts Section A Report to the trusteesl members of OA Q4 A,r On accounts for Lhe year I I Charity no IlfC3of Set out on pages I I i eoorti io the trusLoe> on m>: e=aminailOlI of thp ac,= charity ("the Trust") i or the yec3r ended As ihe charity's trustees. vou ar? responsible for thp. ?r- vLii 115 il i WILfi inE requii en ienis Oi iiie (-r;ariiiei AGL ("the Act"). -.iJn."o fJli '.he ?n.=,'.JJ Responsibilities and Gils vi report th.a I report in respect of my examination of the TriJst £ ancounts carripd niJ+ u'ncer eC.,10n 44- he 2KJ 11 /-iknL anii ini Lai iTring Qui niy exariiincaiiofi. nave folloi.ved all the applicaolp Direction,s given by the Charity Commission Jnder section 145(5)(b) of the .4ci. 1ndepeti.dant The c.T"; iy s -rob? il icume èXLaeoeLI' LiiG'.uuLI ?.nd i ani G:LiaiifiF.d LG examiner's statement un(Jertake the examination b! Deing a qualified member of [insert name of applicable listeo body]]. Deleie j ] if not applicable. 1 tr72".;e r.ThTpietna cxaninaiiofi. come to my attention in connection with the examinaLion (other than that disclosed below ") which gives me cause to believe that in. any material respect. tn.0 aicount!p,g ai wre nui Ntspt 111 accvt 4'¥'i-, of the CharitieR Act: or the accounts did not aciord with th.e accountip,g records: or the accounLS did not comDlv with thp .arir.,lic.?bla raouiroTpp,t i j=CiiiJl. (Ac-ounts and R:pKO) Regulations 2008 Oiher ihan any requiremeni thaL the accounts give c 'fb'e and Tair vieKv which is not a mattel coqsidared as part of ari Iiidèpendenl exam. in.atinr).. ave nkA "=OYK•erns G.flo na'e come acrosi no Oi;ie", with the examination to which attention skiould be drawn in this report in order to enable a proper understanding of the accounts to be reached. Oi li I.*¢1&101 e•oL .]ele '.he ¥41..If:•¥'_ Signed: Date: i Z7. 3. CL Relevant professional ! qualification(s) or body I IER vCi£Oi8
(if any): Address: 14L Section BÉ: Only complete rf the examiner needs to highlight material matters of concem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018