REGISTERED COMPANY NUMBER: 07490255 (England and Wales)
RII GISTERED CHARITY NUMBER: 1151979
Report of the Trustees and
Unaudited Finaneial Statemeiits
for the Year Ended 31 March 2024
for
AUTO ITALIA SOUTH EAST LTD
Brown McLeod Lin)ited
Chaitei'ed Accountants
Tlie Old Woi'kshop
l E¢cl¢sall Road South
Sheffield
South Yorkshii'e
S119PA

AUTO ITALIA SOUTH AST LTD
Coiltents of the Financial Statements
for the Year Li nded 31 Mareh 2024
Page
Report of the Trustees
I to 12
liidependent Examiner's Report
13
Statement of Financial Activities
14
Balance Sheet
15 to 16
Notes to the Financial Statements
17 to 22
Detailed Statement of Finaiicial Activities
23 to 24

AUTO ITALIA SOUTH EAST LTD
Report of tlie Truslees
for the Year li nded 31 Marcl) 2024
The truslees who are also directors of the cliai'ity foi. the pui-poses of the Conipanies Act 2006, present their i'eport with the
financial statements of the charity for the year ended 31 Mai'ch 2024. The kn-ustees have adopted the provisions of
Accounting and Reporting by Charities.. Statement of Recommended Pi'a¢lice applicable to chai'iti¢s prepai'ing their accounts
in accordance with the Financial Reportiiig Standai-d applicable in the UK and Republic of Ir¢land (FRS 102) (effective I
January 2019).
Purpose and aims
The object of the Charity is the advan¢em¢nt of the arts and to advance education lI￿oUgh the coinniissioning and production
of arts projects and exhibitions.
About Auto Italia
Auto Italia is a non-profit visual arts institutioii dedicated to researching> producing and exhibiting woi'k on the intei'sections
of qu¢¢r sthdies aiid social change.our progi'amme suppoits arlists to develop critical discourse, active research and
¢xperimental pi'ojects through major comniissions and process driven paiticipation projec15. This work 15 pi'esenled through
exhibitions, pei'forniance and live work, international touring pi'ojects and Creative learning activities for young peopl¢.We
are situated in the h¢ait of a diverse residential neighbourhood in the London Borough of Tower Hamlets. We are active in
facilitating local iietworks and paitnerships Ihat ci'eate new way5 foT audiences to engage witli art, and which support young
people to take active and einpowered roles investigating contemporary issues on identity.
History ofAuto Italia
Auto Italia was established in 2007 by a community of artists who were living, working and progi'ainming exhibitions from a
squatted car gai'age in Peckham, South London. From the begitming there was an intei'est in exploring what it meant to work
togethei., with a vision to investigate expei'iinental foi-lns of community practice with artists and audiences.During ils fii'st len
yeai's, the gallery operated from a sei'ies of donated buildings across the city - including large-scale wai'ehouses, industrial
buildings and commercial units
using the sites to pi'oduce majoi. commissions with a genei'ation of eai'ly-career artists,
activists and researchei's who hav¢ gone onto become liousehold names in ait and academia.Develop¢d against the backdrop
of government austerity, tliis programming foregi'ounded innovative new research on digital culture, group work,
s¢lf-organisation and community activism. Its early collaborators included rnulti-award winning artists and r¢s¢archers Ed
Atkins, Fi'anco 'Bifo' Berardi, Hannah Black, Frederico Campagiia, Benedict Drew, Mai'k Fisher, Huw Leirnney, Yui'i
Pattison, Eddie Peake, Heather Phillipsoii, and others.
This dai-ing expei'imental etlios continues to l¢ad Auto Ilalia and its woi'k today. Working in a dynamic international ecology
of artists and oi'ganisations, the gallery has grown into an essential risk-taking platform, with an international track recoi'd
foregrounding aitists, woi'k that is deeply political in coiitent and form. This pi'ograinming has secui'ed recognition as a
bellwether for influential ti'ends and ideas in ¢ontempoi'ary art, aiid in fostering the eai'ly expansion and diss¢mination of
radical ideas before they enter mainsts'eain institutions.
Ov¢i' the last six yeai's, this has focused on producing major commissions by early-cai'eer artists exploring dissenting f01Th5
of subjectivity, and surveys by mid-cai'eei. artists whose arcliives trace key conflicts in culthre and society. This has included
ritically acclaimed projects with intei'genei'ational aitists of diverse geogi?phies and subjectivities including CFGNY, Elysia
Ci'ampton Chuquiinia, Nolan Oswald Dennis, Gi'an Fury, April Greinian, Invernomulo, Sin Wai Kin, Tarek Lal(rissi.
Metahaven, Sl)aun Motsi, Clu'istelle Oyii'i-K, Ingi'id Pollard, Jill Posener, Teri'e Thaemlitz, Nalasha Tontey. and othei's.
Work commissioned by Auto Italia has toured inteiiiationally to museums and institutions including KW Instittite for
Contemporaiy Ait Bei'lin; Hessel Museuin of Ait, New York. Haus dei. Kunst, Munich. Museo d'AI'le Moderna di Bologna.
Centre d'Art Conten)porain Genève; Cemeti Institute foi. Ait and Society, Yogyakaita. Strooin Den Haag, The Hagu¢' If I
Can't Dance, Amstei'dam; Fii'stdraft, Sydiiey. Nubuke Foundation, Accra, and others.
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AUTO ITALIA SOUTH EAST LTD
Report of tlle Trustees
for the Year Ended 31 March 2024
ACHIEI VEMENT AND PERFORMANCE
- STRATEGIC AIMS AND OBJECTIVES
Developing strategy 2020-30
Over th¢ last six years Auto Italia h45 been steered into a new phase of its history.. departing from its origin as a grassroot5
aitist-led project space, the organisation has transfoi'med into a successful and financially resilient artist-centred institution
with an intei'iiational track I'ecord foi. championing new, global discourses in contempoi'aiy art,
Oui. development has been made possible Ihrough the introduction of a new and highly successful financial operating plan.
In FY 17-18 we restructured the organisation through an evolving stakeholdei'_led appi'oach to business planning led by
inci'eased partnersl)ip working and resource sharing with local, iiational and intei'national partners.
We are a learning organisation committed to embedding feedback and influence from our stakeholders in the design and
deliveiy of work through co-des1￿] pi'actices, including aitists, parlicipants, audiences and partsiers. By embracing constant
chaiige we al'e able to deliver liigh quality work that meets the chaiiging needs and interests of these groups.
The iinplementation of this strategy has enabl¢d the organisation to i'einforce its role as a netwoi-k convenor for divei'se
aitisls and audiences. Through responsive and data-driven business modelling, we reflect and interact with evolving iieeds of
these stakeholders and have rapidly increased the scale, sustainability, diversity and impact of our work.
Developing aims 2020-30
These achievem¢nts al'e infoi'ming the design of a new and evolving 10-yeai' sti'ategy. It seeks to build on our history as a
highly ambitious young aits organisalion cominitted to radical pi'actices, with an aim to I'einfoi'ce oui. growing i'esilience,
parlnerships, divei-sity and aiidiences ovei. the forthcoming decade.
l. To commission and produce an ambitious and critically acclaim¢d programme of exhibitions championing creative and
cultural divei'sity by early and inid-career national and intei'nalional artists at the forefront of new discoui'se and practice in
contempoi'ary art.
2. To develop an ambitious aiid interdisciplinary programme of performance, talks and liv¢ events with artists, curators,
academics and musicians tliat fostei. oppoitunities foi. audiences to participate in urgent dialogues in art and society.
3. To Create dynamic a high impact co-production and toui'ing partnei'ship network with artÈst-run oi'ganisations,
conteinpoi'aiy art centi'es and inuseuins to increase eai'ned incotne and reach new audiences in regions of sli'ategic
importance to contemporaiy ait.
4. To develop oui. partiiersliip networks with national and intel￿ational private and public stakeholders including
inteinational arts councils, embassies and diploniatic niissions, ti'usts and foundations to increase support for the
developinent of oui. artistic woi'k.
5. To develop oui. place-based role in the London Borou￿ of Tower Hamlets through building on our relationship with
principal pai'tner Tower Hamlets Couiicil, aiid developing new partnerships witli voluntary and charitable sector
oi'ganisations across th¢ borough.
6. To establish the organisation's first dedi¢ated education department with a team of newly appointed leajning staff working
to grow th¢ visibility, scale, impact and pai'tnei'ships of oui. aitisti¢ a¢tivilies for childi'en and young people.
7. To maintain and grow our specialist co-design partnership foi. the design and delivery of the Young Aitists Programme by
inci'easing voluntary, charitable, secondary education and highei. education sectoi. partnei's aci'oss the London Borough of
Tower Hamlets.
8. To develop ci'05s-boi-ough pai'tnei'ship opportunities for increasiiig tlie reach, impact and partnerships of the Young Artists
Progi'amme in the London Boi'ough of Newham.
9. To develop the visibility, impact and partnerships of our leading talent development initiative Art I Work Association
aimed at visual ai'tisls within five yeais of higlier education gi'aduation into a nation-wide prograinnie.
l O. To secui'e our oi'ganisation's longei'_tetm sustainability tlll'ough iiici'eased partnership working witli our principal paitnei's
Aits Council England through the deliveiy of Let's Ci'eate 20-30, aiid Towel- Hamlets Couiicil iii the delivery of tlie Stt'ategio
Plan 21-24.
EXHIBITION AND EVENT PROGRAMMI
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AUTO ITALIA SOUTH EAST LTD
Report of the Trustees
foi. the Year Ended 31 March 2024
Auto Italia presents foul. exhibitions and four exhibition-related ev¢nls per yeai. in our gallery in London, alongside an active
touring progi'amme showcasing works commissioned by the gallery to galleries and museums across the UK and
internationally.
This programming involved 20 artists, curatoi's, musicians, wi'itei's and academics and engaged audiences with global critical
perspectives on relationships between identity aiid place. This included practitionei's fi'om the United Kingdom, Bolivia,
Spain, Lithuania, Denmark, Malta, Zimbabwe, Canada, Germany, Switzerland, Italy, Philippines, Australia.
l. xhibition5
Barbarella's Klss
DavÉd Aruquipa Péi'ez (Bolivia)
14 April 2023 - 1 l June 2023
Barbarella's Iciss was a survey exhibition by Boliviaii artist, archivist and activist David Aruquipa Pérez. The show
Comprises a rai'e collection of pliotographs documenting the cultural and political impact of Las Chinas Moi'enas, feminine
pei'foi'inance chai'acters in tlie fi¢stas populai'es, populai. street cai'nivals that have taken place across the plui'inalional state of
Bolivia over the past 75 years. The exhibition was co-curated by Que¢hua-Spanish artist Ailor Gonzaiez Valencia.
"This power emanates froin each of Perez's small, often batteird images. They exemplify culthre as a place for dialogue,
transgression and liberation. They sliow fiestas populares as spaces foi. the fi'eedoin of bodies, thoughts and ci'eativity, They
are evidence of a Social and political resistance tliat existed in Bolivia in a way which is often forgotten. 'It is impoitant to
make visible that our bodies carry a inarked liistory of fighting for our causes, for our freedom to live without prejudices,,
Perez says,
It is important to show that history has omitted our stories and contributions, and that in both Bolivia and the UK, we have
to continue making visible and rewriting our history with oui. own voices.
Philippa Kelly, British Joui'nal of Photography
Masters
Shaun Motsi (Zimbabwe, Canada)
07 July 2023 - 03 S¢ptembei' 2023
Masters, a newly commissioned moving linage work and the first exhibition in the UK by Zimbabw¢an-Canadian artist
Shaun Motsi was co-¢ommissioned by Auto Italia and our paitner oi'ganisalion Haus dei. Kunst, Munich. The moving image
work Masters (38 minutes, 4K film, 2023) presented a cast of fictional multigenerational chai'acters, who reflect on
dissensions ai'ising from the iiistitutionalisation of Black subjectivity in mainstt'eam culture and education settings. Masters
continues Motsi's intei-est in tlie ways Black subjectivity has been infIueiiced by and partly shaped tl)rough Wesl¢rn
¢onsumei- and media Qultui'es. The film tt'ansfoi'ms the etherging fi'ainework of online edulainment into an allegory thJ'oLtgh
which to explore liow knowledge production and disti'ibution perpetuates I'acial hierarchies, and how biases in educational
spaces shape how infonnation is fornied and shared.
'It feels like the Black subject-positioii gets lost aftei- the first two lines,, Mi.. Clarke lanienls at the end of ihe take, only to
be talked out of that idea by a sinistei. mask-wearing niaii behind the catnera. Foi'¢grouiiding the devaliialion of educatioii as
entertairnnent, and subs¢queiitly its exploitation, MotSl'5 new¢st work continues his scrutiny of Ihe genei'al cultural extraction
of blackness-fi'om image to word. Olamiju Fajemisin, Mousse Magazine
A Story Baclcward5
RM (GermaiiylSwitzei'land/ltaly)
29 Septeinber 2023 - 03 Deceinbei. 2023
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AUTO ITALIA SOUTH [( AST LTD
Report of the Trustees
ror the Year nded 31 March 2024
A Story Backwards was a new site-specific installation and the first solo ¢xhibition in the UK by the Geneva and
BeYlin-bas¢d ajtist collective RM, founded in 2015 by Bianca Benenti Oriol and Marco Pezzotta. In this pi'esentation, the
artists employed narrative and staging strategies adopted from commedia dell'arte - a foiin of Italian public theatre popular
aci'oss Europe betweeii the sixteenth and eighteenth centuries to considei. how experiences of powei-, authority and agency
are nairated thi'ough roleplaying and stoiy-making.
"Thei'ein recognizing that cei'lain sensibilities Ol. outlooks may be influenced by where a person is from, but there is soine
sor¢ of overlap in stories. Familiarity in thinking Ihrougli and possibly slruggling to unlangle signifiers foi- femininity and
masculinity, and the foi'ced division betweeii thes¢. There is also findii)g ways of thinking about the emotionality of sexual
development, and wliat it means to be a sexual being." _ Christa Dee, Bubbl¢gumclub
Biraddali Dancing on the Horizon
Bhenji Ra (PhilippineslAustralia)
20 January 2024 - 17 March 2024
Bii'addali Dancing on tlie Horizon was a new nioving image coinmission and the fwst solo exhibition in the UK by
Filipina-Australian artist Bhenji Ra. Biraddali Dancing on the Horizon (30 ininutes, 16mm, 2024) documents a process of
ancesh'al, ijitergeneralional learning. Its stai'ling point is a jouiiiey taken by Ra with her teacher and collaborator Sitti Aii'ia
Sangkula Askalani-obeso. A Tausug elder, Obeso is a cultural bearer of the pangalay, a pre-Islami¢ dance of the Tausug
people of the Sulu Archipelago and the eastern coast Bajau of Saba in the Philippines. Biraddali Dancing on th¢ Horizon
was co-commissioned by Auto Italia aiid Westeim Fi'ont. Vancouver.
With time, the nan'ative becomes subverted by its own mythology and slips into fable as they encounter a celestial beiiig
known as the Biraddali, poikn'ayed by Ra as a beautiful trans, non-human figui'e and the originatoi. of the dance. The filrn
seeks to mei'ge precolonial undei'slandings of gender identity with Tausug genealogies."
Ivana Cholakova, Frieze
2. Live and digital programme
Our exhtbition events are designed to foster critical thinking by expanding on ideas and research embedded within exhibition
commissions. They ci-eate unique oppoitunities for audiences to engage with mullidisciplinary pi'actitioners
artists, curators, writers, musicians and a¢adeinics
including
and offer deeper undei'slanding of arlisli¢ processes, diveise contexts
that infomi woi'ks, and the reseai'ch that underpins them.
We commission UK-based and int¢rnalional artists and creative workers in exhibition events. This aims to create
opportunities for cultural exchange, peer-learning and iietwoi'k development with artists in the gallery's exhibition
programme.
We organised four exhibition events in conjunction with the exhibition Barbai'ella's Kiss, including a perforniance by David
Aruquipa Pérez and Luisa Maleo Dupleich Rozo. an in convei'sation event with the artist. a panel discussion with Alex
Esculapio, Fenella Hitch¢o¢k aT]d Rosa Kwir exploring the numerous relationships betw¢en transness and fashion. and a
curators tour and breakfast with membei's of London's Latinx community.
Shaun Motsi's exhibition wa5 followed by a perfoi-mance by DJS, vocalisls and producers LC and mellowdi'amatics. The
artists pi-eseiited a 30-minute soundscape that brought togetlier newly composed sound and music with text, poetry and
ci'eative writing, exploring issues I'elaled to Black subjectivity and repi'esentation in niainstreani cultui'e and educational
contexts.
Organised in conjunction with oui. exliibition by RM, A Stoiy Backwards, Auto Italia pi'esented a ?reading event with
Andrew Durbin, Charli¢ Fox, Aboiidance Mantada and Asa Sei'esin. The evening was an oppoitunity to engage wilh Ilie
themes of identity, stoiytelling and pei'foi'mance - theines centi'al to RM'S Coinmission - in the gallery. The event included
creative wi'lting, poety and essays; explored tlu'ough Ilie eyes of aitists and wi'itei's woi'king in London,
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AUTO ITALIA SOUTH EAST LTD
Report of the Trustees
for the Year Ended 31 March 2024
To coincide wilh Bhenji Ra's exhibition, Auto Italia oi'ganised an online iii-conversation event with Filipina-Austi'alian artist
Bhenji Ra and Filipina poet and tliinker Jaya Jacobo. Ra and Jacobo expanded on themes of intei'generational learning,
pre-colonial movement practices and interpi-etations of gender in th¢ Asia-Pacific regioii as pi'esented within Ra's new
moving image woi'k Bii'addali Dancing on the Horizon {2024). During the event, Jacobo l'ead a selection of lier poeins,
exploring different notions of being and becoming Ihal stemmed from her experiences as a transgendei. artist.
Exliibition & Events Audi¢nce5 and Partielpants
Auto Etalia has a developed dala culture that is used to monitor and ¢valuate our work and services. We use data to challenge
our assumptions on the diversity, access and impact of our work, This enables us to reflect on and interact witli the needs of
Oul. Stakeholders, and to ensure the continued gi'owth in quality and relevance of our aitistic work.
Live audiences
We engaged 25,997 live audiences al the gallery, and wider international audiences through touring of our cornmissions in
Gern]any and Canada.
Data demonstrates that the recovery of our live audieiices after the pandemic has Continued in a positive upwards trend.
This year's data recoi-ds an increase of 570/0 against FY 22-23 and 660/0 against eiigageinent in FY 20-21.
Data capture demonstrates increasingly positive divei-sity pei'formanc¢ with our live audiences with averages this year
re¢orded as 30 % BIPOC, 0/0 50 % LGB T, 60/0 trans and gnc, 460/0 women, 80/0 disabled and 710/0 ages of16-35.
Qualitative feedback collected from live audiences I'ecorded Ihat 940/0 felt we offer interesting ideas and pj'ograintnes,
840/0 felt oui. woi'k has something impoi'lant to say about the woi'ld we live in, 940/0 felt the quality of oui. work is 'very good,
or 'good', and 960/0 rated their overall expei'ience as 'veiy good, or 'good'.
540/0 of our live audiences are repeat visitors demonstt-ating deniand for our work through repeal, niulti-year engagement.
Audiences living or working in LB of Towel. Hamlets decreased from 280/0 10 230/0 over 12-months.
Digital audiences
Auto Italia eiigaged 85,427 online audiences ihrough its website, social media and digital communications channels.
New foiins of international co-producing have led to an inci-ease in our local but a drop in global audiences, which has
resulted in inci'eased engagenient online fi'om audience5 within the UK, with metrics recording 61 % in the UK and 390/0
intei'nationally.
PARTICIPA TION PROGRAMME
Auto Italia is committed to fostering meaningful and transfonnative progi'amm¢s for children and young peopl¢ through the
Yoiing Artists Progi'ainme, Volunteei- Foi'iim, and Aitlwork Association. These initiatives are tlioughtfully designed and
continually refined to address the evolving needs, aspirations, and challenge5 faced by young people, ensui'ing ¢h¢ii' ongoing
i'elevance and lasting impact.
Targeted at individuals aged 14-25, the prograintnes provide compreliensive ski115 development, tailoi'ed progression
mentoi-ing, and accessible pathways lo volunteei'ing and work experience. By actively breaking down bari'iers to
participation in the aits, they offei. an inclusive platfoiin foi. disadvantaged youiig people to engage in¢aningfully wilh
creativ¢ industries, empow¢ring them to explore theii. aitistic potential and confidently pui'sue future oppoitunities.
Strand l - Youilg Art15t5 Programme
The Young Artists Pi'ogramme is a free, accessible initiative offei'ing workshops and inentoring oppoi'tunilies led by arcisls,
designei's, techjiologists, and filminakei's. Designed for young people aged 14 to 18 living tn the London Boi'oughs of Towel.
Hamlets and Newham, the progi'ainme provides hands-on expei'ience and creative ski115 ti'aining. Tkn'ough a focus on digital
ait and ci'eative developnient, participants are eiicouraged to exploi'e aiid interrogate how divei'se identities intersect witl)in a
I'apidly clianging woi'ld, equipping tl)em witli the tools to express theinselves aiid engage critically with contemporaiy issues.
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AUTO ITALIA SOUTH EI AST LTD
Report of tlle Trustees
for the Year Elided 31 March 2024
W¢ are deeply committed lo centt'ing community voic¢s in ihe design and delivery of our programmes, ensuring th¢y are
responsive to the needs of our local area. To achieve tliis, we collaboi'at¢ Closely with a wide network of partners, including
local authorities, schools, coirnnunity oi'ganisations, and youtli services. Key collaboi'atoi's include Tow¢r Hamlets Council,
Tower Hamlets Art and Music Education Sei'vices, Tower Hamlets Al't Teacliei's Nelwoi'k, Newham Council, Ci'eative
Newham, Stratford Youth Zone, Step Forwai'd, ELOP, Anibition Aspire Achieve, Tower Hanilets Woi'kPath, Here East,
Soul UK, Univei'sity College London (East), University of East London, and local secondary schools.
Young Art15ts Pi'ogramine Audiences..
We engaged with 1,668 young people across Towel. Hainlet5 and Newham, reflecting a continued upwai'd trend in demand
for oui. ci'eative learning aclivities. This mark5 a i'emarkable cuinulative 25900/0 increase since the programme was first
established in FY 2015116.
W¢ expaiided oui. engagement iii schools by growing our place-based partnership network to include the delivery of
activities. This led to inci'eased involv¢ment in IS schools in Towel. Hamlets and 5 schools in Newham, bi'oadening the
scope and reach of the programmes.
Diversity of Young Artists Progi'amme niaintained upwards trends with I'ecords showing 900/0 POC, 36 % LGB T, 50 %
feinale, IOQ/o non-binary and 180/0 disabled.
Strand 2- Volunteer Forum & Student Producer Netivorlc
The Volunteer Forum is a network for young people aged 18 and over who are interested in pursuing career5 and
professional practice in contempoi'ary art. MembeiE gain invaluable hands-on experience thj'ough voluntary roles, such as
assisting with exhibition installations and supporting the deliveiy of ambitious artists, projects. Designed as an entry Potnt
into the professional art woi'ld, the foivm provide5 lailored suppoit and mentoring to help participants build their skills and
confidence. This includes portfolio f¢¢dback, CV and job application suppoi'l, and guidance on gi'ant wi'itiiig. By combining
pi'actical expei'ience with personalised advice, the Volunteer Foi'uin equips membei's witli the tools and knowledge to take
meaningthl steps toward their creative and profe55ional ambitions.
Student Producer Network.. In partnership with Ait Fund, we offered paid placements to 10 young people during the 2022-23
period. providing them with hands-on expei'ience in ait installation. These pla¢¢ments allowed participants lo develop
pi'aclical skills while also engaging with pi'ograinming and communications activities, helping them conn¢¢t theii. own
interests with the Contemporary art world.
Volunteer FO￿rn and Student Producer Network Audiences..
Engageinent with the Volunteer Forum increased by 220/0, highlighting the growing demand for hands-on experience in ai
gallery eiivironmenls. This i'eflects a strong desire among participants lo gain valuable experience, build skills, and enhance
their employability in the ails sector.
Diversity of Student Pi'oducer Network records showed 55D/o LGB T, 670/0 POC and 890/0 women and I 10/0 trans.
Strand 3 - Art/Worlc Assoclation
AIt/Work Association (AIWA) is our fre¢, alteiThative ait education pi'ogramme offei'ing a series of monthly talks,
workshops, seininai's, and critical feedback sessions tailoi'ed foi. early-car¢¢r artists, ci-eative pi'aclitioneis, and ¢ultui'al
woi'kers. Designed as a platfoi'm for ai'tist-led leai'ning, AIWA events al'e conceived and organis¢d by members, for
Inembers, fostei'ing a collaborative and supportive envii'onment. Tlii'ough these eveiits, par¢i¢ipanls gain paid pi'ofessional
developinent opportunities and connect with a vibi'ant netwoi'k of aitists living ai)d working in London, helping lo advance
thetr practice and build lasting professional relationships within the al't comtnunity.
AIWA audiences.,
A/WA engaged with 258 AIWA audieiice members, showing a 300/0 increase compared to 2022123.
A/WA memberships inci'eased by 90/0, highlighting the growing need for accessibl¢, free oppoitunities for aitisti¢
development and netwoi'king in London.
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AUTO ITALIA SOUTH EAST LTD
Report of the Tl'ustees
for the Year Ended 31 Marcl) 2024
The divei'sity of AIWA participants was notable, with 27 /0 identifying as BIPOC, 90 % as LGBTQ+, 32V/o as trans and
GNC, 230/0 as disabled, and IOOO/o between the ages of16 and 35.
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AUTO ITALIA SOUTH EAST LTD
Report of the Trustee5
for the Year Ended 31 March 2024
FINANCIAL REVIEW
FINANCIAL REVIEI W FY 22-23
Finaneial Operating Plan
Auto Italia is a not-for-profit limited company and registered charity. Our principal partners ar¢ Arts Council England as a
National Portfolio Organisation, and Tower Hamlets Council tlll'ough the Local Community Fund.
Partnership working and resource sharing is ceiitral to all our activities. We supplenient funding from our principal partnei's
with diverse income stt'eams Ihrougli paitnersliip and co-design activities including,. eai'ned income from national and
international co-producing parthers, project grants fi'om international ails councils and embassies. donations from UK ti'usts
and foundations, grants from lotteiy funds, individual donations and pi'ivate giving.
Financial Year 23124 Finaiicial Performance
The financial year 2023124 (FY23124) saw a 45010 increase in total income eaiThed during the year vs financial yeai. 2022123
(FY22123). This was driven pi'imarily by the ilicrease lo the organisation's annual National Poi'tfolio Oi'ganisation (NPO)
grant received from Ai'ls Council England (ACE), wliich saw a 1210/0 anniial incr¢ase to this sourc¢ of funding vs FY22123.
Within other sources of funding raised by the organisation, a -50010 I'eduction in income generated by col'e activity was offset
by a 780/0 increase in sponsoishtp income,
The organisation's FY23124 c05t base i'emained matei'ially consistent witli FY22123, increasing by 60/0 year-on-year.
This marginal increase in total expense5 vs prioi. year was driven pi'iinarily by wider macroenvii'onmeiital inflationary
pressui'es that impacted alillost all expense categories dui'iiig the yeai. to varying degi'ees.
The organisation's cost bas¢ was offset by a partial I.e￿nd of operating costs incurred in the course of delivering core
activities throu￿) a successthl applicatioii made under the governmenvs Museuins and Galleries Exhibition Tax Relief
(MGETR) s¢lieme.
Partner5 and funders FY 22-23
Lead partners
Arts Council Englaiid
Towel. Hamlels Council
Exhibition partiiers
Arts Council England (NLPG)
Haus der Kunst, Munich
The Canadian Embassy in Bei'lin
Kulturkn'eis der deutsclien Wirtschaft im BDI e.V. Stadt Monchengladbach
Rijksakadeinie van Be¢lende Kunsten
Goethe-lnstitut London
Institut ftlr Auslandsbeziehungen
The Italiaii Culmi'al Institute in London
The Embassy of Spaiii in London
Pi'o Helvetia
Swiss Cultui'al Fund UK
Western Fi'ont, Vancouvei.
The lan Potter Cultui'al Trust
Participatioii partners
University of the Arts London..
Page 8

AUTO ITALIA SOUTH EAST LTD
Report of the Trustees
for the Year Ended 31 March 2024
Centt'al Saint Martins
Chelsea College of Art
Goldsmitlis, University of London
Kingston School of Art
University of East London
Bishop Clialloner Catholic School
Bow School
Mulberry Stepney Green
St Paul's Way Trust School
Stepney All Saiiits School
Stepney Green Maths, Computing &
Science College
Centt'al Foundation Girl's School
Canary Wharf College Crossharbour
Morpeth Secondary School
Eko Pathways
School 21
Plashet Scliool
Sai'ah Bonnell School
Cumberland Community School
Little Ilford School
East London Arts and Music School
Sts'atford Youth Zon¢, Newham Council
Mosaic LGB T+ Young People's Tiust
ELOP
The Line
Creative Newham
Rosetta Arts
Here East
The Nalioiial Lottery Coinmunity Fund
Tower Hamlets Art Music Educatioii Services (THAMES)
Art Fund
Tower Hamlet5 Art Teachers Network
Towel. Hamlets Volunteer Foi-um
Tower Hamlets WorkPath
Tower Hamlets Young Workpath
Gensler- LMU
Creative Schools and Ci'eative Colleges
Step Forward
Reserves policy
Auto Italia ended FY23124 holding £141,949 in total funds. As at FY23124 yeai. end the orgaiiisation enjoy5 a slable, highly
liquid reserve of fiinds, witli £138,233 of total funds as at the balance sheet dat¢ held in cash.This figui'e represents an
increase in yeai. end total funds of 239/0 vs prioi- year. The iiicreased NPO gi'ant awarded to the organisatioii by Arts Council
England in Ihe inost recent round of assessment guai'antees a significaiit foundation of fixed income each yeai. on whicli to
base management of the organisation's resei'ves and financial risk in the iminediate fiEtui'e.
Restricted Income of £3,200 secured tlu'ough local, national and international funders foi. tlie deliveiy of artistic pi'ojecls and
creative leai'niiig activities for cliildren and youiig people.
Um'estrict¢d designated funds of £53,867 in liiie with the organisation's res¢i'ves policy. This is ¢quivaleiit to budgeted costs
foi. the next three months at any given time as a¢ the balance sheet dale, Fixed overheads include all staff costs (payroll and
fi'eelaiice), rent, utilities, othei. buildiiig costs, plus other expenses.
Page 9

AUTO ITALIA SOUTH EI AST LTD
Report ofthe Trustees
for the Yeai. Ended 31 March 2024
Unrestt'icted undesignated funds of £84,882 representing free reserves available to meet either unexpecled operating and
variable costs, or foi. deployment towards the furtherment of the organisation's stated pui'pose at the disci'etion of the
oi-ganisation's management and Boai'd of Truste¢s pi'ovided this in alignment with the oi'8anisation's stated pury)ose and aims.
Risli management
The Trustees have a duty to identify and i'eview the i'isks to which the charity is exposed and to ensui'e appropriate controls
are in place to provide reasonable assurance against fraud and eri'or. Financial analysis is completed in quarterly evaluation
meetings of the finance subcommittee and an updated risk register is applied in quarterly Ti'ustee ineetings.
l. Availabl¢ I'eserves..
The organisation seeks to maintain a healthy pool of reserves to ensure sufficient fitnds are held for responding to uiifore5een
risks that may cause operational or financial disruption, tlius ensuring tlie sustainability and resilience of the oi'ganisation.
Financial monitoring.. Quaiterly financial subcommittee meetings held by th¢ Treasurer, Chair and Director will moi)iloi'
financial perfoimance and provide suggested actions for decision making within quarterly m¢etings of the Board of Trustees.
Opei'ational changes.. The reslructui-ing of the woi'kforce in FY23124 has diversified skills within th¢ organisation and
emb¢dded new processes, practices and policies within the organisation's operations. The staff team now has dedicated full
time exhibitioiis and education Curators. This has been designed to maximise income generating capacity with two posts
supporting the Dll'ector within specialised fields. A review of operational pi'ocesses will be conducted by the Dii'ecloi. to
identify oppoitunities foi. efficiency improvements to maximise fundraising ability i'elalive to delivery of core activities.
Funds held as Custodian Trustee
No funds are held in this capacity.
Public benefit
Th¢ Trustees confirm that in compiling this I'eport they have had due regard to the guidance on public benefit issued by the
Cliarity CommissioT] in compliance with the duty set out in section 4 of the Charities Act 2006.
Small company exemption
This repoit has been prepared in accordance with provisions in Pait 15 of the Companies Act 2006 applicable to companies,
wliich are subject to th¢ small compani¢s regime.
Page 10

AUTO ITALIA SOUTH EAST LTD
Report of the Ti'ustees
for the Year nded 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by ils governing document, a deed of trust, and constitutes a limited company, limited by guarantee,
as defmed by the Companies Act 2006.
Workforce and governance
Followiiig success￿IlY s¢curing inci'eas¢d investment froin Arts Council England through the 2023-26 Investment Poitfolio,
FY 22-23 saw impoitant changes to the oi'ganisation's workforce Against the backdrop of an increasingly competitive
fundraising landscape, the su¢¢ess of the oi'ganisation's financial operation has allowed Auto Italia to sustain and resourc¢
growth In FY22123 from a sinall team of freelance contractors into a p¢rmanent workforce coniposed of seven staff 4.4 FTE.
FY 23-24 staff structure..
Director (FT)
Curator: Exhibitions and Events (FT)
Curator.. Community and Engageinent (FT)
Pi'oject Assistant (FT)
Froiit of House Assistants (PT 0.4)
Event Staff (freelaiice ad hoc basis)
Appointment of Trustee5
The Trustees of the Charity are also Dtrectors of the Company. The Board of Trustees is composed of Trustees and
Advisors. The Board, led by its Chaii., oi'ganises an annual skills audit and monitors expeitlse in line witli the business plan
aiid strategic objectives. Tlie Trustees appoint new Inembers where necessaiy to fill skills gaps. Advisors are i'ecruited to add
additional expertise but do not have the same responsibilities as Trustees. Advisors are not Directors of the Company.
Management
The Board of Trustees holds quarterly meetings with tlie Advisors and tlie Director (Chief Executive). As I'equired, tlie
Trust¢es aiid Advisors pi'ovide individual or gi'oiip support through subcommittees to support the Chai'ity and ils staff team
between meetings. The Chief Executive is appointed by the Tivstees to manage the operations of the Charity.
Organisation
Auto Italia's opei'alions, finance and management al'e cooi'dinated by the Director, Maggie Mati? (fomierly Edwai'd
Gillman), The Director works closely with tlie Chair of Trustees to Coordinate the direction and sth'ategy of tlie Board of
Trustees. The organisation cui'rently has 6 Ti'ustees and l Advisor who support the staff team to deliver its business plan, and
who al'e advocates and ambassadors for Auto Italia's work and activitie5 Within the sectoi..
RIFERENCE AND ADMINISTRATIVC DETAILS
Registered Compaiiy number
07490255 (England and Wales)
Registered Charity number
1151979
Registered office
44 Boimer Road
London
E2 9JS
Page 11

AUTO ITALIA SOUTH EAST LTD
Report of the T)'ustee5
for the Year Ended 31 March 2024
Trustees
B Vickers
Ms B Pembroke
A Elsa (resigned 26.7.23)
M J Leit¢h Gi'oup Financial Contt'oller
M K A Bukhari Self-Employed Pr Professional (resigned 26.7.23)
S Gupta
Ms B Es¢ritt
A Durbin (resigned 25.4.23)
E Pinfield
Company Seeretary
E G W Gillman
Independent Examiner
Brown MGLeod Limited
Chaitered Accountants
The Old Workshop
l Ecclesall Road South
Sheffield
South Yorkshire
S119PA
Approved by order of the board of trustees on 23 December 2024 and signed 011 its behalf by..
E Pinfield - Trustee
Page 12

Independeiit Examiner's Report to the Trustees of
Auto Italia South East Ltd
Independent examiner's report to the trustees of Auto Italia South East Ltd ('the Compaiiy,)
I report to the charity trustees on my examination of the accounts of the Company foi. the year ended 31 March 2024,
Respoiisibilities and basis of report
As the chai'ity's tt'ustees of the Company (and also its dii'ectors foi. the purposes of company law) you are i'esponsible for the
preparation of ihe accounts in accoi'dance witli the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that th¢ a¢¢ounts of the Company are not required to be audited under Pait 16 of the 2006 Act and
are eligible foi. independeiit examination, I repoit in respect of my examination of youi. charity's a¢¢ounts as carried out
under Section 145 of the Cliarities Act 2011 ('the 201 l Aot,). In ¢ai'iying out my exaininalion I liave followed tlie Dii'eclions
given by the Charity Coinmission under Section 145(5) (b) of the 201 l Act,
Independent examiner's staten]ent
I have completed my ¢xamiJiation. I confirm that no matters have come to my attention in connection with the examinatio
giving me ¢ause to believe,.
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or
the accounts do not a¢¢oi'd with tliose recoi-ds. or
the accounts do not comply with the accounting I'equii'ements of Section 396 of the 2006 Act other than any
requll'ement that the accounts give a true and fail- view which is not a matter considered as pait of an independent
examination. or
th¢ accounts have not been prepared in accoi-dance with the methods and principles of the Statement of
Recommended Pi'actice foi. accounting and reporting by charities (applicable to charities pieparing their accounts in
accordatice with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no otlier matters in connection with the examination to which attention should be
drawn in this report in order to eiiable a proper undei'slaiiding of the accounts to be l'eached.
Kate Revell ACA
Brown McLeod Limited
Chartered Accountants
The Old Woi'kshop
l Eoclesall Road South
Sheffield
Soulh Yoi'kshire
S119PA
Date..
Page 13

AUTO ITALIA SOUTH EAST LTD
Statement of Financial Activities
for tlie Year nded 31 Mareh 2024
31.3.24
TotHI
funds
31.3.23
Total
funds
Unrestricted
fund
Restri¢t¢d
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
133,402
64,866
198,268
138,049
Investsnent income
1,603
,603
191
Total
135,005
64,866
199,871
13 8,240
EXPINDITURE ON
Charitable activities
Programines and suppoit
111,387
61,666
173,053
263,158
NET INCOMII l(E4 XPENDITURE)
23,618
3,200
26,818
(124,918)
RECONCILIATION OF FUNDS
Total funds bi"ought forward
115,131
115,131
240,049
TOTAL FUNDS CARRIED FORWARD
138,749
3,200
141,949
115,131
Th¢ notes foi-m pait of these financial stateiiients
Page 14

AUTO ITALIA SOUTH EAST LTD
Balaiice Sheet
31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Uni'ests'icted
fund
Resti'icted
funds
Notes
FIXED ASSII TS
Tangible assets
6,314
6,314
5,637
CURRENT ASSEI TS
Debtors
Cash at bank
2,989
135,033
2,989
138,233
145
116,701
3,200
138,022
3,200
141,222
116,846
CREDITORS
Amounts falltng due within one year
(5,587)
(5,587)
(7,352)
NET CURRENT ASSETS
132,435
3,200
135,635
109,494
TOTAL ASSETS LESS CURRENT
LIABILITIES
138,749
3,200
141,949
115,131
NET ASSETS
138,749
3,200
141,949
115,131
FUNDS
Um'estricted funds
Restricted funds
10
138,749
3,200
115,131
TOTAL FUNDS
141,949
115,131
The chai'itable company is entitled to exemption fi'om audit under Section 477 of the Companies Act 2006 for the year ended
31 Mai'ch 2024.
The membei's liave not I'equir¢d the conipaiiy to obtain an audit of its financial slateineiits for the year ended 31 Mai'ch 2024
in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilitie5 for
(a)
ensuring that the chai'ilable company keeps accounting I'ecoi'ds that comply with Sections 386 and 387 of the
Companies Act 2006 and
pi'epai'ing financial statements which giv¢ a ti'ue and fair view of the state of affaii's of Ihe charitable ¢oinpany as al
the end of each financial year and of its sutplus oi. deficit for each financial yeai. in accordance with the r¢quii'eiiients
of Sections 394 and 395 and which otheiwise comply witli the requirenienls of the Companies Act 2006 1.elatii)g to
financial statements, so far as applicable to the charitable company.
(b)
Th¢ Iiotes fonn pait of these financial stateinei)t5
Page 15
ontinu¢d...

AUTO ITALIA SOUTH II AST LTD
Balailee Sheet- eontinued
31 March 2024
These financial statements have been prepared in accordance with the provisions applicable lo charitable companies subject
to the small compajiies i'egime.
The fmancial statements were approved by the Board of Trustees and authorised for i55ue on 23 December 2024 and were
signed on its behalf by.,
E Pinfield - Trustee
The notes foi'm part of these finaiicial stateinenls
Page 16

AUTO ITALIA SOUTH If AST LTD
Notes to the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financlal statements
The financial statements of the charitable company, which is a publi¢ benefit entity under FRS 102, have been
prepared in accordance with tlie Charities SORP (FRS 102) 'Accounting and Repoiting by Charities.. Statement of
Recommend¢d Practice applicable to cliai-ities prepai'ing their accounts in accordance with the Financial Reporting
Standai'd applicable in the UK and Republic of Ii'eland (FRS 102) (effective l Januaiy 2019),, Financial Repoiting
Standai'd 102 'The Financial Reporting Standard applicable in tlie UK and Republic of Ireland, aiid the Companies
Act 2006. Tlie financial statem¢nts have been pi'epared under the histoi'i¢al cost convention.
Income
All income is recognised in the Sialement of Financial ActivitÈes once the charity has enlitlement to th¢ funds, it is
probable that the income will be received and the amount can be measui'ed reliably.
Expenditure
Liabilities are recognised as expenditure as soon as Iherc is a legal or constructive obligation committing the charity
to that expenditure, it is probable that a transfei. of economic benefits will be requii'ed in settlement and ihe amount
of the obligation can be measured reliably. Expenditui'e is accounted foi. oil an accI￿alS basis and has been classified
under headings that aggregate all cost r¢lated to the category. Whei'e costs cannot be dii'ectly attributed to particular
headings they have been allocaled to activities on a basis consistent with the use of resoui'ces.
Tangible fixed assets
Depreciation is pi'ovided at the following annual rates in order to wri¢¢ off each asset over its estinialed useful life.
Fixtures and fittings
Compulei. equipment
250/D on reducing balance
250/0 on reducing balance
Taxation
The charity is exempt froin corporation tax on its charitable activities.
Fund accouiiting
Unresti'icted fuiids can b¢ used in accordance with the charitable objectives at tlie discretion of the trustees.
Restricted funds can only be used foi. particular restricted purposes wilhin the objects of the chaj'ity. Restrictions
arise when specified by the donoi. or when funds ai'¢ raised foi. particular I'eslricted pui'pos¢s.
Further explanation of the nature and purpose of each fund is includ¢d in the notes to the financial stateineiits.
INVESTMENT INCOME
31.3.24
31.3.23
Deposit account interest
Othei. interest
1,492
191
1,603
191
Page 17
continued...

AUTO ITALIA SOUTH AST LTD
Notes to the Fiiiancial Statements - eontlnued
ror the Year nded 31 Mai'ch 2024
NII T INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after charging/(¢rediting):
31.3.24
31.3,23
Depreciation - owned assets
2,104
1,879
TRUSTEES, RLI MUNERATION AND BII NEFITS
There were no trustees, relnuneration or oiher benefits for the year ended 31 March 2024 nor for the year end¢d
31 March 2023.
Trustees, expense5
There wei'e no trustees, exp¢ns¢s paid for the yeai. ended 31 Mai'ch 2024 nor foi. the year ended 31 March 2023.
STAFF COSTS
The avei'age inonthly number of employees during the year was as follows:
31,3.24
31.3.23
Employees
No employee5 receiv¢d emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
UnJ'estri¢ted
fund
Restricted
nds
Total
nds
INCOME AND ENDOWMENTS FROM
Donations ajid legacies
38,411
99,638
138,049
Investment income
191
191
Total
38,602
99,638
13 8,240
EXPENDITURII ON
Cllaritable activities
Progi'ammes and support
163,520
99,638
263,158
NET INCOMII l(EXPEI NDITURE)
(124,918)
(124,918)
REI CONCILIATION OF FUNDS
Total funds brouglit foiTrvai-d
240,049
240,049
TOTAL FUNDS CARRIE4 D FORWARD
115,131
115,131
Page 18
continued.,,

AUTO ITALIA SOUTH EAST LTD
Notes to the Financial Statetnents coiltinued
for tlie Year Ende(J 31 Mayeh 2024
TANGIBLE FIXED ASSETS
Fixtures
aiid
fittings
Computer
equipment
Totals
COST
At l Api'il 2023
Additions
9,656
9,815
2,781
19,471
2,781
At 31 March 2024
9,656
12,596
22,252
DEPRI( CIATION
At l April 2023
Charge for year
8,954
175
4,880
1,929
13,834
2,104
At 31 March 2024
9,129
6,809
15,938
NET BOOK VALUE
At 31 Mai'ch 2024
527
5,787
6,314
At 31 March 2023
702
4,935
5,637
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
VAT
2,989
145
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade ci'editors
Social security and other taxes
Other ¢i'editoi's
Accrued expenses
77
3,301
747
1,462
209
930
2,809
3,404
5,587
7,352
Pag¢ 19
continued...

AUTO ITALIA SOUTH EAST LTD
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
io.
MOVEMENT IN FUNDS
Net
n)ov¢ment
ii) funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
115,131
23,618
138,749
Restricted funds
Exhibitions
3,200
3,200
TOTAL FUNDS
115,131
26,818
141,949
Net inoveinent in funds, included in the above are as follows:
Incoming
resoui'ces
Resources
expended
Movement
in funds
Unrestricted funds
General fund
135,005
(111,387)
23,618
Restricted funds
Exhibitions
64,866
(61,666)
3,200
TOTAL FUNDS
199,871
(173,053)
26,818
Comparatives for movement ill funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Uni'estricted fund5
General fund
240,049
(124,918)
115,131
TOTAL FUNDS
240,049
(124,918)
115,131
Pag¢ 20
continued...

AUTO ITALIA SOUTH EAST LTD
Notes to the Fiiiaiieial Stateineilts - continued
for the Year Ended 31 March 2024
io.
MOVEMENT IN FUNDS- continued
Comparative net movement in ￿nds, included in the above al'e as follows:
Incoming
resources
Resoui'ces
expended
Movement
in ￿ndS
Unrestricted funds
General fund
38,602
(163,520)
(124,918)
Restricted funds
Exhibitions
99,638
(99,638)
TOTAL FUNDS
138,240
(263,158)
(124,918)
A current year 12 months and prior year 12 moiitlis conibined position is as follows..
Net
movenient
in fund5
At
31.3.24
At 1.4.22
Unrestricted lunds
G¢nei'al fund
240.049
(101,300)
138,749
Restricted funds
Exhibitions
3.200
3,200
TOTAL FUNDS
240,049
(98,100)
141,949
A current year 12 inonths and pi'ioi. year 12 months coiiibined net movement in funds, included in the above are as
follows..
Incoming
resources
Resoui'ces
expended
Moveinent
in funds
Unrestricted funds
General fund
173,607
(274.907)
(101,300)
Restricted funds
Exhibitions
164,504
(161,304)
3,200
TOTAL FUNDS
338,111
{436,211)
(98,100)
Unrestricted funds includes designated funds of £53,867 in line with the organisation's I'eserves policy. This is
equivaleiit to budget¢d costs foi. the next three months at any given time as at the balance sheet date.
Unrestricted funds includes undesigiiated fuiid5 of £84,882 1'epr¢senting free r¢s¢rves available to Ineet either
unexpect¢d operating and vai'iable costs.
Page21
continued...

AUTO ITALIA SOUTH EI AST LTD
Notes to the Financial Statements continued
for the Year Ended 31 March 2024
ii.
REI LATED PARTY DISCLOSURES
There wei'e no related party transactions for the year ended 31 March 2024.
Page 22

AUTO ITALIA SOUTH EI AST LTD
Detailed Statement of Financial Activities
for the Year Elided 31 Marcl) 2024
31.3.24
31.3.23
INCOME AND NDOWMENTS
Donations and legacies
Income
Donations
Gi'ants general
Local authority grants
IS,635
55,857
119,859
6,917
52,363
25,275
48,411
12,000
198,268
138,049
Investinent income
Dep051t account interest
Other interest
1,492
191
1,603
191
Total incoming resource5
199,871
138,240
EXPENDITURE
Charitable activltles
Fundraising costs
Programnie expeiises
420
108,177
351
116,549
108,597
116,900
Support costs
Managemeiit
Staff costs and volunteers
Rent and utilities
Insui'ance
Travel and hospitality
Telephone
Heat and light
R¢paii-s and i'enewals
Pi'ofessional fees
Accountancy
Bank charges
Fixtures and fittings
Comput¢r equipment
129,022
26,516
970
4,190
1,882
1,052
926
300
1,980
871
175
1,929
114,178
20,355
1,124
3,644
1,254
537
2,345
640
302
234
1,645
169,813
146,258
Finance
Othei- interest
Tliis page does iiol form par¢ of tlie statutory financial statements
Page 23

AUTO ITALIA SOUTH EI AST LTD
Detailed Statement of Financial Aetivlties
for the Yeai. Ended 31 Mareh 2024
31.3.24
31.3.23
Finance
Governaiice eosts
Exceptional items
(105,360)
Total resoui'¢es expended
173,053
263,158
Net income/(expenditure)
26,818
(124,918)
This page does not foi'ni part of tlie statutoiy financial stateinents
Page 24