## **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
£4￿￿69
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
£4￿￿69
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
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Q4 A,r
On accounts for Lhe year I
I Charity no
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Set out on pages I
I i eoorti io the trusLoe> on m>: e=aminailOlI of thp ac,=
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Gils vi report
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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:p￿￿￿KO) 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