OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-06-30-accounts

REGISTERED COMPANY NUMBER: 07655709 (England and Wales) REGISTERED CHARITY NUMBER: 1152377

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 June 2022

for

The Arts Emergency Service

Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Sussex TN22 1QL

The Arts Emergency Service

Contents of the Financial Statements for the Year Ended 30 June 2022

Page
Report of the Trustees 1 to 10
Independent Examiner's Report 11 to 12
Statement of Financial Activities 13
Balance Sheet 14 to 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 26
Detailed Statement of Financial Activities 27 to 28

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects are to promote the arts and higher education and to encourage, maintain and develop public education and appreciation of the arts and higher education, to remove barriers to young people who wish to study an arts degree and to promote, improve, develop and maintain the appreciation of the arts.

Public benefit

In planning the charity's activities for the year, the trustees complied with the requirements of s17 of the Charities Act 2011, to have due regard to the public benefit guidance published by the Charity Commission.

STRATEGIC REPORT

Achievement and performance

Main achievements summary

Helping disadvantaged young people aged 16 to 25 years to access information, advice and guidance regarding the arts and humanities in higher education and routes into careers in the cultural and creative industries through a student-led, goal-focused mentoring and networking programme.

Mentoring services

Mentoring lasts up to one year and is focused on achieving and developing relevant goals identified by the young person at the start of the programme. These goals can be personal or academic and all student applicants should be keen to develop an artistic practice or progress academically while focusing on the arts, humanities or social sciences.

Page 1

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRATEGIC REPORT

Achievement and performance

Summary of the main activities of the charity during the year

The charity has approximately 6,400 people in our network of creative and cultural practitioners, 420 of whom have actively volunteered with us in 2021. We are currently working with 998 young people aged 16-25 years, with mentoring projects in Greater Manchester, Merseyside and London.

Our full Impact Report can be found at: https://www.arts-emergency.org/files/reports/2021-Impact-Report-Digital.pdf

In 2021-22 we trained 487 new mentors who are creative and cultural practitioners with relevant and substantial experience in an academic, creative or professional field. 51% of these were re-registered mentors from previous years.

We trialled the offer of a second year of mentoring to our young community and saw a large uptake. Overall, we mentored 352 young people, with 291 of those completing the full year of mentoring (a retention rate of 82.7%). Of the 352 young people, 259 were under 18s completing mentoring for the first time, and 93 were over 18s doing their second year.

As a result of going through our under 18s mentoring programme young people are more prepared for the future (95% agreed), more comfortable in cultural spaces (63% agreed), widen their professional networks (78% agreed), and are more informed about future careers (93% agreed). The second-round mentoring offer generated agreement percentages of 87%, 67%, 85% and 93%, respectively.

Our Community team generated 223 creative and cultural opportunities and fulfilled 153 'wish list' requests for training, networking and learning materials (a 61% increase on 2020 - 2021). In all we created 70 new professional connections for our young members. We also launched our Ruby Tickets scheme to help young people without disposable income to access cultural experiences and critical skills by writing reviews. We've so far provided 60 free tickets through the scheme.

Our Youth Collective was launched in 2020. In 2021, they began working on their self-led campaign, Crash Culture. With funding from the University of Edinburgh, the seven Youth Collective members created a podcast exploring inequalities in the arts and how they affect real people struggling to break into the industry. They interviewed exciting guests including author Kit De Waal and produced a fascinating series examining class, race and climate justice.

We continued our work experience programme in 2021-22, placing 40 young people in London, Manchester and Merseyside at organisations including the Royal College of Art, Beano and Kiln Theatre.

We also strengthened our governance by appointing a Head of Operations and Finance, and convening a Finance and Resources sub committee of the board of trustees and an Appointments sub committee who will lead on appointment of trustees. We appointed a lead Safeguarding trustee to the board, and recruited a new Chair and three new trustees who will join the board in September 2022.

We began a strategic review which will inform our business plan for the coming three years. The review will culminate in an updated Theory of Change.

Page 2

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRATEGIC REPORT Financial review

Financial position

At 30 June 2022 the charitable company held free reserves of £369,505 (2021: £426,041), restricted reserves of £25,482 (2021: £19,606). Net income for the year was negative due to use of designated reserves and totalled -£50,660. Reserves had been designated in 2020 for use as follows:

Technology fund (£14,600) Campaign fund (£5,000) Service Launch match fund (£43,700)

Arts Emergency made a conscious decision to use the technology fund to make essential upgrades and efficiencies to our database which supports the running of the programme. The campaign fund was used for our 'Break the Glass' campaign which raised awareness of our services.

Our priority was to strengthen the governance and leadership of the organisation by investing in a programme of professional development for our Senior Leadership Team and working with an external recruitment agency to recruit the essential chair position. The decision was therefore made by trustees to re-designate part of our existing designated reserves for this purpose.

Income for this financial year included £49,966 relating to gift aid claims for this financial year. This is compared to the previous year's figure for total net income of £107,284 which included gift aid claims of £47,391 in respect of the year ended 30 June 2021.

Page 3

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRATEGIC REPORT Financial review

Reserves policy

Arts Emergency's policy with regard to reserves is to ensure that the charity, and the services we offer to our beneficiaries, are reasonably secure in the event of significant reduction in income, allowing:

The Trustees recognise the need to hold sufficient free reserves to ensure protection of core activities in the event of unforeseen circumstances including any unplanned reduction in funding or an unforeseen need for funds to deliver additional charitable activity.

In light of uncertainty surrounding the Covid-19 pandemic, the trustees had increased the target level of free reserves from 6 months to 8 months. The trustees plan to review this in the next financial year with a view to reducing the target to 6 months when appropriate. As at 30th June 2022 the organisation held just below this target with the equivalent of 7.4 months of free reserves.

Restricted reserve

Some funds are given to the charity to use for specific purposes and where this is the case they are held on trust in a restricted reserve and drawn on as the funds are required for the purposes for which they were given. Where a capital asset is bought with the funds, the reserve is drawn down in line with the depreciation of the asset rather than in totality at the time of purchase.

Designated funds

Arts Emergency had reserves designated to support technological development of systems to support the organisation. These funds were used in this financial year to make essential upgrades to our database system and also support the strengthening of our governance and leadership through recruitment of a new chair of trustees and professional development for our Senior Leadership Team (SLT).

The Arts Emergency CEO and Trustees review the reserves and designated funds policy and levels on a regular basis to ensure it remains fit for purpose and properly underpins our charitable objectives.

Page 4

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRATEGIC REPORT

Principal risks and uncertainties

The Trustees continually review:

The relevant findings are set out below:

Economic pressures related to COVID-19 and current financial climate

Incidents that damage reputation and/or negatively impact operations (including cyber security, serious fraud, major health and safety incidents, safeguarding and internal process failures)

Changes in Government regulatory requirements and/or Charity Sector guidance (e.g., GDPR, Fundraising Code) negatively impact on Arts Emergency's strategy and activities

Arts Emergency's strategy and activities are not properly or sufficiently focused in order for the charity to meet its objectives

Attracting, developing and retaining talented staff in a competitive employment market combined with the reliance on significant levels of volunteer support both in fundraising and mentoring

Page 5

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRATEGIC REPORT

Delivering effective change management through major process improvement programmes in support of the charity's strategy

Financial security and threats of fraud or misuse of company expenses

Future plans

In 2022-23 we plan to introduce coaching opportunities for 18 - 25 year olds. This will offer shorter focussed support to achieve a specific goal set by the young person. This is in response to evaluation of our mentoring programme for over 18s.

We will continue to put the voices of young people at the heart of what we do, and plan to appoint two trustees from our Youth Collective, alongside the appointment of our new chair and trustees.

To ensure the sustainability of our programmes and to build on our mission we will appoint a Director of Programmes to oversee this activity.

To ensure diversity of income and sustainability we will appoint a Fundraising Manager dedicated to Trust and Foundations.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Arts Emergency Service is a registered charity (Registered Charity number 1152377) and a company limited by guarantee as defined by the Companies Act 2006, number 07655709, governed by its Memorandum and Articles of Association and incorporated on 2 June 2011.

The company was granted charitable status on 11 June 2013.

Organisational structure

The charitable company is administered by the Trustees comprising of the individuals who are the Trustees of the charity at any given time, including the first Trustees and their successors. In selecting individuals for appointment as Trustees, the Trustees have regard to the skills, knowledge and experience required for the effective administration of the charitable company.

Page 6

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Decision making

In 2021 we undertook a governance review which clearly lays out designated the decision-making process for the charity.

The Board of Trustees has overarching responsibility for the approval and monitoring of the organisation's strategic plan. This includes:

The board has two subcommittees to support with key strategic and operational decisions. The Finance and Resources sub-committee oversees in detail the financial plans and performance of the charity and reviews the charity's risk management processes. The Appointments sub-committee leads the process for appointments and election to the Board of Trustees.

The charity is led by the CEO who is responsible for the day-to-day management of the organisation. This includes:

The CEO works with a Senior Leadership Team who support in these areas.

Page 7

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of new trustees

When new trustees are appointed to the Board, they receive an induction pack which includes information on trustee duties, a copy of our governing document and Charity Commission guidelines for trustees. We provide an overview of the charity's finances, our Safeguarding policy and a guide to the decisions that will need to be made as part of the role. We also give training on Safeguarding, what to do if things go wrong and have a code of conduct which trustees sign up to when they join.

Trustee terms are four years each, with a maximum of 9 years served in total. After four years, should the trustee wish to remain they are re-elected onto the Board by the remaining trustees. If the trustee is considering stepping down, we ask trustees to continue for one year in order to induct a replacement trustee, or to give a minimum 6 months' notice.

When recruiting new trustees, the charity will create a recruitment pack including a person specification. We regularly undertake a skills audit to identify any gaps in knowledge or expertise that would be useful to the charity. When recruiting we will outline any skills we are particularly looking for. We advertise on our own website and social media channels, alongside industry recruitment sites and publications. In some cases, we will engage a charity trustee recruiter to support this process.

In all of our recruitment, we are committed to being a welcoming and inclusive organisation. It is important to us that our Board is representative of the young people we serve. We particularly welcome applications from disabled people, LGBTQIA+ people, Black, Asian and minority ethnic candidates. We believe that a diverse board will have the best range of talents to work effectively, and we encourage applications from people under the age of 30. For all roles we guarantee to interview anyone with a disability whose application meets the essential criteria for a post.

From next year we plan to hold two spaces on the board of trustees for representatives from our Youth Collective. They will undergo the same recruitment process as all trustees and serve a term of one or two years.

Key management remuneration

Within the organisation we have salary bandings for the different levels of role and take into consideration the seniority of the role and the skills required when setting the salary. When recruiting for any paid role, we benchmark against comparable roles within similar organisations, taking into account our salary bands, budgets, and current financial position.

We run an annual appraisal process where performance related pay rises can be discussed and considered. When budgeting for future years we take into account a cost of living adjustment.

Page 8

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Related parties

We offer consultancy and support to set up mentoring schemes for young people within other organisations such as the the British Museum, Westminster Council and Jerwood Arts. This consultancy is chargeable and therefore supplements our income. We also work with organisations such as the London Transport Museum to support young people (employees and freelancers) with places on our programme. In these instances the organisations cover the associated costs (mentor training, support for the mentees).

We also work with various arts organisations to offer work experience to young people to help further their access to careers in this area. We coordinate this to ensure that safeguarding considerations are taken into account and that the work experience is fit for purpose. We require unpaid work experience placements to be less than a week and advocate for young people to be paid expenses. Our network also offers ad-hoc opportunities which support our aims (such as free theatre tickets or museum passes for our beneficiaries). There are no financial transactions between Arts Emergency and the partner organisations in relation to these work experience placements or opportunities.

Management

The management of the charitable company is vested in the trustees who are directors for the purposes of company law.

The trustees delegate the day to day administration of the charity to the Chief Executive Officer.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

07655709 (England and Wales)

Registered Charity number

1152377

Registered office

Unit W3 8 Woodberry Down London N4 2TG

Page 9

The Arts Emergency Service

Report of the Trustees for the Year Ended 30 June 2022

Trustees

Mr S Glanville (resigned 6/9/2022) Ms M T O'Hara (resigned 21/2/2022) Mr D W Stewart (resigned 21/2/2023) Mr J M Wakeham (resigned 16/10/2021) Ms F Woodrow (Treasurer) Mr J J Burke Ms K J A Edwards Ms E O Adegoke Ms E J Tapping Ms A Keramidas (appointed 16/11/2021) Miss C L Heywood (appointed 13/12/2022) Miss J Dotiwala (appointed 13/12/2022) Ms P K Mann (Chair) (appointed 6/9/2022) Mr S J Oddie (appointed 13/12/2022) Ms B V Patel (appointed 13/12/2022)

Company Secretary

Mr T D Fletcher

Independent Examiner

Melanie Richardson BA(Hons) FCA ICAEW Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Sussex TN22 1QL

Support team of the trustees

Chief Executive Officer: Mr Neil Griffiths Administration support: Wendy Gundry, ASL Consultancy

Other information

Website: www.arts-emergency.org Social Media: Facebook, Twitter and LinkedIn Accounts: Visit website

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 24 April 2023 and signed on the board's behalf by:

Ms P K Mann - Trustee

Page 10

Independent Examiner's Report to the Trustees of The Arts Emergency Service

Independent examiner's report to the trustees of The Arts Emergency Service ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Page 11

Independent Examiner's Report to the Trustees of The Arts Emergency Service

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Melanie Richardson BA(Hons) FCA ICAEW Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Sussex TN22 1QL

26 April 2023

Page 12

The Arts Emergency Service

Statement of Financial Activities for the Year Ended 30 June 2022

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
525,784
Other income
-
Total
525,784
EXPENDITURE ON
Charitable activities
3
Charitable activities
582,310
NET INCOME/(EXPENDITURE)
(56,526)
Transfers between funds
13
(10)
Net movement in funds
(56,536)
RECONCILIATION OF FUNDS
Total funds brought forward
426,041
TOTAL FUNDS CARRIED FORWARD
369,505		 Restricted
funds
£
45,000
-
45,000
39,134
5,866
10
5,876
19,606
25,482		 2022
Total
funds
£
570,784
-
570,784
621,444
(50,660)
-
(50,660)
445,647
394,987		 2021
Total
funds
£
523,783
128
523,911
416,627
107,284
-
107,284
338,363
445,647

The notes form part of these financial statements

Page 13

The Arts Emergency Service

Balance Sheet 30 June 2022

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
10
10,055
CURRENT ASSETS
Debtors
11
52,324
Cash at bank
331,692
384,016
CREDITORS
Amounts falling due within one year
12
(24,566)
NET CURRENT ASSETS
359,450
TOTAL ASSETS LESS CURRENT LIABILITIES
369,505
NET ASSETS
369,505
FUNDS
13
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
25,482
25,482
-
25,482
25,482
25,482		 2022
Total
funds
£
10,055
52,324
357,174
409,498
(24,566)
384,932
394,987
394,987
369,505
25,482
394,987		 2021
Total
funds
£
5,393
49,609
411,417
461,026
(20,772)
440,254
445,647
445,647
426,041
19,606
445,647

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 14

The Arts Emergency Service

Balance Sheet - continued 30 June 2022

The financial statements were approved by the Board of Trustees and authorised for issue on 24 April 2023 and were signed on its behalf by:

Ms P K Mann - Trustee

The notes form part of these financial statements

Page 15

The Arts Emergency Service

Cash Flow Statement for the Year Ended 30 June 2022

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2022
£
(47,148)
(47,148)
(7,095)
-
(7,095)
(54,243)
411,417
357,174		 2021
£
100,532
100,532
(3,553)
360
(3,193)
97,339
314,078
411,417

The notes form part of these financial statements

Page 16

The Arts Emergency Service

Notes to the Cash Flow Statement for the Year Ended 30 June 2022

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Profit on disposal of fixed assets
Increase in debtors
Increase in creditors
Net cash (used in)/provided by operations		 2022
£
(50,660)
2,433
-
(2,715)
3,794
(47,148)		 2021
£
107,284
1,037
(128)
(16,773)
9,112
100,532

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash
Cash at bank
Total		 At 1.7.21
Cash flow
At 30.6.22
£
£
£
411,417
(54,243)
357,174
411,417
(54,243)
357,174
411,417
(54,243)
357,174		 At 1.7.21
Cash flow
At 30.6.22
£
£
£
411,417
(54,243)
357,174
411,417
(54,243)
357,174
411,417
(54,243)
357,174
357,174
357,174

The notes form part of these financial statements

Page 17

The Arts Emergency Service

Notes to the Financial Statements for the Year Ended 30 June 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency in the financial statements is the Pound Sterling (£).

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

The charity receives donations from members of the public. These donations are deposited into the charity's bank account and are recognised when the funds are received.

Grant income is recognised when the charity has entitlement to the funds, and any performance conditions attached to the grants have been met.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure on charitable activities includes administering mentoring schemes and other projects associated with the charity's aims. All support costs are allocated to expenditure on charitable activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment - 25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 18

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company contributes towards employee's defined contribution pension schemes. Contributions payable to the pension schemes are charged to the Statement of Financial Activities in the period to which they relate.

Going concern

The trustees have reviewed the circumstances of The Arts Emergency Service and consider that adequate resources continue to be available to fund the activities of the charity for the foreseeable future. As such, the trustees are of the view that the charity is a going concern.

Grants

Government grants in respect of capital expenditure are credited to a deferred income account and released to profit over the expected useful lives of the relevant assets in equal annual instalments.

Government grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

2. DONATIONS AND LEGACIES

Donations
Gift aid
Grants
Grants received, included in the above, are as follows:
Grants		 2022
£
450,818
49,966
70,000
570,784
2022
£
70,000		 2021
£
431,246
47,931
44,606
523,783
2021
£
44,606

continued...

Page 19

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

3. CHARITABLE ACTIVITIES COSTS

Charitable activities
4.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rent and rates
Insurance
Telephone
Postage, stationery and printing of materials
Service support
Staff training
Subscriptions
Office
IT costs
Travel
DBS checks
Event costs
Consultancy
Hospitality
Depreciation
5.
SUPPORT COSTS
Charitable activities		 Direct
Support
Costs (see
costs (see
note 4)
note 5)
£
£
595,608
25,836
2022
£
399,075
22,337
676
1,953
16,818
9,792
9,252
206
20,259
52,091
6,709
1,946
15,477
34,659
1,925
2,433
595,608
Governance
Finance
costs
£
£
4,738
21,098		 Totals
£
621,444
2021
£
281,610
13,675
522
1,791
7,706
8,836
3,085
-
5,936
56,640
109
1,501
4,238
5,650
-
1,037
392,336
Totals
£
25,836

continued...

Page 20

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

5. SUPPORT COSTS - continued

Governance costs include £2,000 (2021: £2,000) in respect of the independent examination of these financial statements.

6. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2022 2021
£ £
Depreciation - owned assets 2,433 1,036
Surplus on disposal of fixed assets - (128)

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.

8. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2022
£
358,197
32,694
8,184
399,075		 2021
£
255,068
21,161
5,381
281,610

The average monthly number of employees during the year was as follows:

2022 2021
Charitable activities and administration 16 12

No employees received emoluments in excess of £60,000.

continued...

Page 21

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
504,176
Other income
128
Total
504,304
EXPENDITURE ON
Charitable activities
Charitable activities
406,626
NET INCOME
97,678
RECONCILIATION OF FUNDS
Total funds brought forward
328,363
TOTAL FUNDS CARRIED FORWARD
426,041
10.
TANGIBLE FIXED ASSETS
COST
At 1 July 2021
Additions
At 30 June 2022
DEPRECIATION
At 1 July 2021
Charge for year
At 30 June 2022
NET BOOK VALUE
At 30 June 2022
At 30 June 2021		 Restricted
Total
funds
funds
£
£
19,607
523,783
-
128
19,607
523,911
10,001
416,627
9,606
107,284
10,000
338,363
19,606
445,647
Office
equipment
£
7,901
7,095
14,996
2,508
2,433
4,941
10,055
5,393

continued...

Page 22

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments and accrued income		 2022
£
50,466
1,858
52,324		 2021
£
47,931
1,678
49,609

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Other creditors
Accruals and deferred income		 2022
£
9,798
1,749
13,019
24,566		 2021
£
11,561
1,076
8,135
20,772

13. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Magenta Living
Postcode Neighbourhood Trust
Girdlers Trust
John Lyon's Charity
Creative Mentoring in Westminster
TOTAL FUNDS		 At 1.7.21
£
426,041
-
18,406
1,200
-
-
19,606
445,647		 Net
movement
in funds
£
(56,526)
(2)
(14,279)
(1,208)
11,355
10,000
5,866
(50,660)		 Transfers
between
funds
£
(10)
2
-
8
-
-
10
-		 At
30.6.22
£
369,505
-
4,127
-
11,355
10,000
25,482
394,987

continued...

Page 23

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

13. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Magenta Living
Postcode Neighbourhood Trust
Girdlers Trust
John Lyon's Charity
Creative Mentoring in Westminster
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Magenta Living
Postcode Neighbourhood Trust
Girdlers Trust
TOTAL FUNDS		 Incoming
resources
£
525,784
10,000
-
-
25,000
10,000
45,000
570,784
At 1.7.20
£
328,363
10,000
-
-
10,000
338,363		 Resources
Movement
expended
in funds
£
£
(582,310)
(56,526)
(10,002)
(2)
(14,279)
(14,279)
(1,208)
(1,208)
(13,645)
11,355
-
10,000
(39,134)
5,866
(621,444)
(50,660)
Net
movement
At
in funds
30.6.21
£
£
97,678
426,041
(10,000)
-
18,406
18,406
1,200
1,200
9,606
19,606
107,284
445,647

continued...

Page 24

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

13. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Magenta Living
Postcode Neighbourhood Trust
Girdlers Trust
TOTAL FUNDS		 Incoming
resources
£
504,304
1
18,406
1,200
19,607
523,911		 Resources
Movement
expended
in funds
£
£
(406,626)
97,678
(10,001)
(10,000)
-
18,406
-
1,200
(10,001)
9,606
(416,627)
107,284

Magenta Living

Magenta Living (restricted fund) - an amount of £10,000 was donated in May 2020 and a further £10,000 was received in September 2021. These funds were used to fund 20 places on Arts Emergency's 8 year programme for young Magenta Living residents in Wirral across 2020 and 2021. All funds were spent in the year.

Postcode Lottery

Postcode Lottery (restricted fund) - an amount of £18,406 was received last year from the Postcode Neighbourhood Trust. These funds were used to fund mentoring and opportunities for 50 marginalised young people in Merseyside, for the Merseyside project. The Merseyside project commenced in September 2021 with almost all funds spent in the year being on the employees involved in the project. There is a small balance remaining in the fund, this is on track to be spent in the 2023 year end.

Girdlers Trust

Girdlers Trust (restricted fund) - an amount of £1,200 was received from the Girdlers Trust last year to fund a community freelancer event for 20 people to develop their creative and practical skills as artists. The event was held in November 2021, with funds spent on salaries, art supplies and some travel expenditure. A small balance was transferred from the general fund to offset against the deficit on the fund, there are therefore no funds carried forward.

John Lyon's Charity

John Lyon's Charity (restricted fund) - £25,000 was received from the John Lyon's Charity in December 2021. These funds were used to fund a mentoring programme in London specifically targeted at young people from a range of London areas. Funds were spent on the salaries of 7 employees who are involved in the mentoring project. Two further donations of £25,000 each are set to be received over the following two years to continue to fund the project.

continued...

Page 25

The Arts Emergency Service

Notes to the Financial Statements - continued for the Year Ended 30 June 2022

13. MOVEMENT IN FUNDS - continued

Creative Mentoring in Westminster

Creative Mentoring in Westminster (restricted fund) - £10,000 was received from the Westminster Foundation in June 2022 to fund the Westminster mentoring programme. This project commenced at the end of June 2022, therefore no funds were spent in the year and are being carried forward.

14. RELATED PARTY DISCLOSURES

The total amount of employee benefits received by key management personnel was £47,742 (2021: £47,655).

During the year donations were received from trustees totalling £1,235 (2021: £700).

There were no further related party transactions for the year ended 30 June 2022.

15. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee with the liability of its members limited to £10, being the amount each member is required to contribute towards any outstanding debts and liabilities upon the winding up of the company.

Page 26