REGISTEftEO COMPANY NUMBER: 08765731 {England and Wales) REGISTERED CHARifi frJUMB£R: IIS4990 AMENDED Re ort of the Trustees and ancial statement5 for the Year Ended 31 March 20 for Sutton McGrath Hartley 5 Westbrook Court Sharrov4vale Road ShefPield South Yorkshire Sll 8YZ
Grimm And Co. Limited Contents of the Financial Ststements for the Year Ended 31 March 2024 Report of the Trustees I to 27 Repart of the Independent Auditors 28 to 31 S&2tement of Flnanclal Actlvltles 32 Balan¢e Sheet 33 Cash Flow Statement 34 Notes to the Cash Flow Statement 35 Notes to the Financial Statements 36 to 52
Grimm And Co. limited Re ort of the Trustees ft*r the Year Ended 31 March 2024 The Trustees present our annual report tO8ether with the audited financial statements of the charitable company for the I April 2023 to 31 March 2024. The annual report serves the purposes of both a Trustee5' report and a directors, report under company law. The Trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company'5 8overning document and the provisions of the Statement of Recommended Prattice ISORPI applicable to charities preparing our accounts in accordanre with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 published in October 2019. Since the charitable company qualifies as small under sertion 382 of the Companies Att 2006. the strategic report required of medium and lar8e companies under the Companies Act 2006 IStrate8ic Report and Dirertors, Report) Regulations 2013 has been omitted. Governing document The Charlty Ss operated under the rules of its memorandum and articles of association which was incorporated on 7 November 2013 and registered wlth the Charity Commission on 12 December 2013. OBJECTIVES AND AcfiviTIES a. Policies and oblectlves The twstees consider that they have complied with Sertion 4 of the Charities Act 2006 with regard to the 8uid?nce on public benefit publlshed by the Charity Commission as indicated in the summaries of activities, achievements and performance below. The objert for which this charity was established, as stated in the Memorandum and Articles of Association is: - to advance learnlng for the publlc beneflt of literacy. to act as a resource for young people up to the age of 18, by providin8 advice and assistance, organising pro8rammÉs of learnlng/educatlon and other activlties as a means of: advancin8 in life and helping young people by developing thelr skllls, capacities and capabllltles to enable them to participate in soeiety as independent, mature and responsible individuals. advancing education. relieving thelr unemplcyment. to promote soclal Incluslon for the publSc beneflt by preventing people from becoming socially excluded, relieving the needs of those people who are vulnerable or/and 50clally excluded and a$515ting them to integrate into society. For the purpose of this article 'socially excluded, means being excluded from society, or parts of society, a5 a result of one or more of the following faciors.. unemployment,, financial hardship,. youth or old age; ill health (physical or mentall; substsnce abuse or dependency including alcohol and drugs; discrimlnation on the grounds of sex, race, disability. ethnic origin, religion, belief, creed, sexual orientation or gender re-assignment. poor educational or 5ki115 attainment; relationshlp and famlly breakdown; poor houslng, In settlng objettives and planning for activities. the Trustees have Biven due consideration to general guidance published by the Charity Commission relating to public benefit. including the guidance 'Public benefit: running a charity IPB21'. Page I
Grimm And Co. Limited rt of the Trustees for the Year Ended 31 Mareh 2024 b. Strategies for achievlng objectives Grimm & Co is a charity that uses stories and writing as a vehirle to develop the socio-culturdl literdcies of children and young people that support them to make meaning of the world around them and build their own positive narrative within that world. Grimm & Co's si8nature pedagogy is built on a bedrock of research, initially formed as a result of a regional development funded project, Inspire Rotherham, that ended in 2011. Our key purpose is to change lives one story at a time and we use the joyful discovery of stories to do this, This charity is concerned with the socio-cultural literacie5 that influence the narratlves of children and young people and more recently, we have developed excltlng nÈw prograrnmes and activities to also build the creative confidence of those who influence the lives and learning of children and young people teachers. parents. carers, those working with children and youn8 people. Wision: Every child a writer Mission: Change lives one story at a time Objectives: Champion the writer in every child Use storytellin8 to 8ive every Child from every background a voice Challenge expectations and asplratlons stsrt from the chlld's own imaginatlon - their ideas rule Provide an audience for children'5 writing and deliver quality outputs Mako it free and atte55ible for children to attend out-of-5th001 activities Make sure no child is left behind Bulld motivation, self-esteem, resillence and skllls in both workshops for schools and In our outThof*chool holiday club programmes Develop the creative capacity of those with influence on children/young people to support chlldren's development through the joyful discovery of stories - Take fun VERY seriously Grlmm & Co's signature pedagogy is built on foundations of dellvery that draw on habits of the heart, the mind and the hand (Shulman, 20051 of a creative practitioner - supporting children and young people to make meaning of the world around them to build their own positive narrative within this world. We believe in: Using storie5 to give every child, from every background. a voice Starting from the child's own cultural toolkit Itheir experiences and their own imagination) Enabling a creative environment - an ecology of rich literacies surrounding the child - authentlc but playful Supporting and enabling the influencers on the child inspiring whole communities to get involved In children's development - The power of the imagination to ignite new possibilities and imagine potential narratives Providing purpose- a reason to write Challenging expectations and aspirations - Taking fun seriously. Nexl steps- Grimm & Co was founded in 1148. just before lunchtime, by Graham and Grizelda Grimm. Since then, we have situated ourselves in Rotherham, occupying many strange and unusual buildings. to serve the children and young people of this great South Yorkshire town and beyond. Our mission is to changè lives one story at a time by supporting under-resourced children and young people aged 0-18 with their confidence and skills around creative writing. through the joyful dcOVery of 5torie5. Page 2
Grimm And Co. Limited Re ort of the Trustees for the Year Ended 31 March 2024 Durin8 the 2023- 2024 financial year we anticipated a move to our permanent home in the Emporium of Stories on Ship Hill in Rotherharn town centre. The building projett had been considerably delayed131 week5 against 3 32 week contra¢tl and the move into this fantastic setting had been moved forward into this financial year. Our brand-new writing centre was due to open its sturdy yet creaking big red doors to the public (magical, ethereal or otherwisel in February 2024, set to become Yorkshire's unique story destination boasting our famous Apothecary to the Magical, Feastery dining, immersive meeting rooms and three Writers, Pad classroom spaces enabling us to increase our capacity to work with more children and young people. We have also secured additional funding to install a Changing Places facility so that all visitors can visit the Emporium in comfort and with dignity should they need to use the bathroom. We have transformed an underused church into a fabled and fantastical writing centre in the heart of Rotherham which will serve the whole community. The fit-out took shape under the watchful eye of globally-award winning designers and creators, Lumsden Desi8n, Codsteaks and Cronin Joinery, with an exceptional track record that includes the Harry Potter Studios (London and Tokyo), Kew Garden5 and many other renowned visitor attractions. The final phase of this substantial building projert completed in-year but our Grand Opening was delayed until April 2024. Our writing workshops take place across many settings as we aim to empower children and young people using a child-led approach for them to make meaning of the world around them and contribute to that meaning. A variety of writing forms and genres are explored, from magazines to novellas, poems to songwriting, animaticn to storymaking. And we take fun VERY 5erious1v. We are simply the Stage managers, dressing the space and setting the scene, ready for the participants to take centre 5ts8e and wow us with their imaginative creations such as.. SCOUT: A survey and expedition robot created by Connor in Saturday Afternoon Club Ronnie-Ann James.. a dream-speaker made out of rubbish created by Phillimore Community Primary School, Acres Hlll Community Primary School and High Hazels Academy The Custard Creatures & Co: Saturday Morning Club band, hopefully going on a world tour in 250 years, time. -all!!1111 IL Page 3
Grimm And Co. Lirnited Re ort of the Trustees for the Year Ended 31 Marth 2024 . Activities undertaken to athieve objectives (Statistics taken from our 2024 Impaet Report which covers the academic period Sept 23 - Aug 241 Grimm & Co'5 pedagogy is embedded acros5 all activities and programmes that we dellver. Contributory core funding from Arts Council England as a National Portfolio enable5 US to plan. deliver and evaluate our team, volunteers and freelan artists. We deliver out-of-school holiday clubs, Saturday clubs, taster pro8rammes and festival activities directly to children and voung people that result in an artistic outcome to be shared with an audience. From soap operas to card games. books and 50n8S. the children and young people we work with develop and create outcomes that can be appreciated by others glving a purpose to create and to write. School cla55 Broups visit Grimm & Co to attend Story makin8 workshops where the children arrive wlth thelr Imaglnations and leave a5 published authors of their own illustrated book. We deliver learning programmes to school groups in comedy writing> poetry workshops, presentation, storytelling and more. The teacher development programme, Chapter and Verse. has now concluded and we are looking ahead to a second appllcatlon to the Paul Hamlyn Fund to further develop this work. This opportunty ha5 enabled significant activities of peer mentoring bÈtsMeen artist and teacher, developing creative confidence to attempt new methodologies, reaping improved outcomes for the pupils, Family learning Is a recentfy introduced strand of artivity, funded by the Lottery Community Fund, that we now offer, using storie5 to bulld the confidence of carers and parents to support thelr children's soclo-cultural literacies and readiness to learn. Volunteers are supported with a suite of trainln8 activities and a range of rolè opportunitles to develop skills and undertake meanlngful engagement whèré they can see a real difference and impact as a result of their Interventions. Many volunteers choose to be story mentors, supporting children on a one-to-one basis. Further roles include illustrator, publisher, graphic designer, retail assistant. product development, admin. dats, media, research, hospitality and much, much more as we explore the talents and possibilities our volunteers bring whilst furthering their skills. Artist development programmes ensure we recruit and engage 2rtists with facilitation skills and an approach that matches our signature pedagogy whilst 8150 developing their further understanding of the communities we work with, their needs. their challenges and Cultural diversities to provide relevant and inclusive provision that is also exciting and engaging. SCHOOL PROVISION In-S¢hool Provision Numbèrs at a glance: 1804 children and young people from 56 5chools/alternative provisions across 9 writin8 projects resulting in 3697 creative learnlng experiences Page 4
Grimm And Co. Limited Re ort of the Trustee5 forthe Year Ended 31 March 2024 A Call to Crèate A Call to Create is an arts-based literacy provision placing the pupil at the heart of the learning journey where they devise and generate the story that they will then explo. From rhe point of conception to the creative delivery in schools, the children lead the way. At the start of the 23-24 academic year, Grimm & Co were keen to involve everyone including teaching staff, senior leaders, Grimm & Co staff, associate artists, pupils and community Members from the Sheffield South-East Learning Partnership ISSELP schools). We conducted a consultation with three of the Schools who created a brilliant story Ronnie-Ann James and the Dream Spiders. Grimm & Co then popped up with an immersive theatre space called The Everywhereium and delivered a 4-week residency, which applied our way of working to the National Curriculum. So far, we have conducted 4 consultations and 4 residencies, working with 239 Y4 pupils. Page 5
Grimm And Co. Llmited ort of the Trustees for the Year Ended 31 Mar¢h 2024 IMPACr: "You know you're doing something right as a school leader, when you're on duty on the yard at breaktime and you overhear some year four's playing football saying, .1 can't wait for break to be over because we've got English with Grimm & Co!, Headteacher, Pipworth Community Primary School "It's the quieter children that don't usually get Involved that thrive In this environment." My Wrayj Phillimore Community Primary School "The children were so engaged in the Everywhereium, the excitement was in thelr faces. It was great that they linked props back to the story that they hadn't been involved in.. Miss Malik. Acres Hill Comrnunity Primary School "It didn* feel like we were doing loads of writlng because It was really tun and when you're having fun time goes very fast." Y4 pupil, Acres Hill Community Primary School '1 found the key whlch made me feel confident and I felt curiou5 because thls place Is full of maglc. Y4 pupil, Acres Hill Community Primary School 'It was really fun, and we got to make really nice, lovely senten¢es Using imperative verbs Ilke 'lf your brother Bets sucked down a plughole you must play a ukulele., Y4 pupil, Acres Hill Community Primary School '1 feel creative because It's really magical and it feels really mysterious." Y4 pupil, Phillimore Cornmunity Primary School 'It felt super fun and I felt confident because I was sharing ideas and finding Items and I thought I was going to find clues to help with the story." Y4 pupil, Phillimore Community Primary School "I Ilked free wrltlng because it was very fun and you can show your feelings when you're writing It and if you don't know what to do it doesn't matter. It made me feel confident." Y4 pupil, Phillimcre Community Primary Schcol Spoken Word Power This was the final year of the Spoken Word Power project, a poetry programme by Eastside Educationzl Trust. where Grimm & Co was a regional partner. The theme this year was Hear My Voice and we worked with 9 schools and 285 pupils. Pupils worked with a trained Poet Educator to develop their very own piece of spoken word poetry which was performed in a School poetry slam. The winner of the slam from each School went on to perform at a celebratory event at the Rotherham Civic Theatre on World Poetry Day. Page 6
Grimm And Co. Limited Re rt of the Trustees forthe Year Ended 31 March 2024 Objectives: Cultivate an understanding of 'voice' through è range of perspectives. including the notion of what it means to be heard and why we want to be listened to through a personal lens. Explore the theme through a ran8e of interactive, collaborative artivities and exercises. Employ a selectlon of poetry tools and techniques to further develop children and young people's poems. Create. edit. rehearse and perform a group or individual poem. IMPACT: We asked participants whether they agreed wirh the following statement.. '1 feel happy when I'm being creative." l agree a lot - 51% l agree a little bit= 24% I'm not sure- 17% I disagree a little bit- 6% I disagree a lot= 2% "It let me create what I want." Pupil, Kilnhurst Primary School "Seeln8 the children up there perFormln8 and thelr confldenee, I felt so proud when they got a massive standing ovJtion. They were so calm. I don't kn¢>w If I would have been able to do that when I was their age. And also the parents, thèy were very thankful so yeah, a very proud teacher." . Teacher. ThornhS11 Prlmary School. In-H Numbers at a glance: 1257 children and young people from 39 schools/alternative provisions in South Yorkshire and Derbyshire acr055 4 writing programme5 Storymaking Storymakin8 is Grlmm & Co's most popular schocl workshop that takes place across a mornlng in our Emporium of Stories. Our facilitators tell the tsle of how we came to be, introducing our mysterious bosses, Graham and Grizelda Grimm who founded Grimm & Co in 1148. just before lunchtime. During their time at Grimm & Co, the children and younE people crÈate a story together - whilst being hassled by the voice of the unseen Grah3m or Grizelda Grimm. The Grimms are desperate for the children to create stories because ima8ination gives ener8y to the ma8ical beingsl Our child-empowered approach allows children's imaginations to run free. while an illustrator draw5 the characters and setting live. straight onto the pa8el Flnally, all pupils write their own individual ending and leave our Emporium of Stories as published authors. Page 7
Grimm And Co. Limited Re ort of the Trustees for the Year Ended 31 March 2024 IMPACr: "Their vocabulary has improved and they are usin£ words they learnt during the trip. They think outside the box a bit more and are eager to discuss plots and setting5." . Teacher, Emmaus Catholic CofE Primary School "The children's eagerness to write for pleasure has shown since we have been to Grimm. It has taken over just doodling in books and l am seeing some interesting stories. - Teacher, Emmaus Catholic CofE Primary School "One child, who struggles with confidence, 8Ot to read their story to the class at Grimm. It helped thÈm a lot in school with their peers. You can see thls pupil beglnnlnE to shine a blt more in les50n, be more confldent to put their hand up and get involved." _ Teacher, Emmaus Catholic CofE Primary School "The impact Is that you make writing fun. Thi5 is really important as in Y6 we have to overload them with grammar.. Teacher, Emmaus Catholic CofE Primary School "O is a student who was relurtant to attend the workshop when we sald It was about writing stories. His handwriting is an issue and he feels terribly self<onscious about it. During the workshop however, he wrote nearly a page to end hi5 story and was visibly proud of himself when Grizelda complimented him on hi5 ideas. To see his face light up when she unexpertedly rnentloned him by name Ilterally brought me to tears!" . Teacher, Wales High School 'L is autistic and on entering the buildin8 1 immediately sald that she was frlghtened and did not want to participate. Gem put her at ease at once by emphasising that this wa5 a 'no-pressure environment,, and that L was free to opt In and out as she chose. As it happened, L was $0 enthralled by the workshop that not only did she participate fully* but she stood up at the end to read her story out and was praised by the mystlcal Griselda. Teacher, Wales High School 'Allowing the children to write creatlvely wlthout emphasis on zrammar and punctuatlon. It was so lovely to see some of our lower writers really come alive in the session and offer their ideas and nothing su88ested was too sllly or wrong. They then went and wrote independently wlthout ¢ornplaining which was Just fantasticl" _ Teacher, Crags Community School "J is very inse¢ure and struggles to write at school. He does not have many lrfe experiences and isn't taken out of the area. He has a 8rèat ima8ination but can't seem to get his ideas down on paper. At Grirnm and Co, J rne alNel He constantly had hls hand up and was offerfng lots of Ideas. He told me later that It had been his 'best day ever." Teacher, Crags Community School A young person proudly sharing her story Page 8
Grimm And Co. Limited Re ort of the Trustees for the Year Ended 31 March 2024 Inspiring Happy Writers In November 2023, Grimm & Co teamed up with Chol to deliver Inspiring Happy Writers.. a professional development day for teachers and artists. The event showcased our arts-based approaches to the National Curriculum to enable children and young people to feel enthusiastic about writing, to focus on thèir own development as a writer and to tell thé stories that are important to them. Chol explored their Imaginary Communities programme, where all participants in the learning journey become equal playm3kers. Grimm & Co introduced their Unruly Rules punctuation sessions. where pupils 'become' the punctuation, personali5ing the leaming journey, maklng meaning to them as indivldu31s. 31 teachers and artists attended the professional development day, and we are planning Inspiring Happy Writers 2.0 in May 2025. IMPACT: "When we were asked to choose an animal to descrlbe how we were feeling today, l those a whale because I finalty féel Ilke I'm coming up for air. This is why I bècame a teacheT." Teacher. Inspiring Happy Writers "I'm 80in8 to allow myself to have fun with my class and Bet lost In thelr Imagination." Teacher, Insplring Happy Writers ol PTOVi51on Numbers at a glance: 2073 Chlldren and youn8 people a8ed between 5-18 years, across 42 writing projects, resulting in 3717 creative leaming experiences and 14 professional outputs Saturday Club Mornlng Group - Tho Saturday Club Band Prolect Saturday Club champions Creativity, fun and friendship and is a safe space where young people will always be accepted for being their authentic self. It encoura8e5 Participants to share their ideas, and The Saturday aub Band Project was an idea initiated from one of our long-term members. Through son8Writin& storytellin& and working with an A$50ciate Artist Musician, the projert improved literacy skills but also promoted confidence Ehrou8h the young people performing on stage to their family and friends, The projert gave birth to the hlghly popular band, The Custard Creatures & Co, which clearly highlighted the young people's love for custard cream biscuits1 The Saturday Club Band had multiple outputs which included headlining the FestlV31 of Stories Live Showcase- featuring on the front page of The Rotherham Advertiser-, and they even opened the Rotherham Showl The Saturday Club Band brought the young people, their famllie5 and friends together where everyone celebrated the members, hard-work, imagination and teamwork. IMPACr: 87.5% of children and young people expressed an increase in their self<onfidence. 87.5% of Children and young people said that they can be themselves be at Grimm & Co. The one person who said nowas because he Gan't be a cat! Page 9
Grimm And Co. Limited Re ort of the Trustees for the Year Ended 31 March 2024 "Everyone was fantastic, very brave and confident. I'm very proud of JS her confidence has grown so much - thanksl" Saturday Club Parent "It has been a joy to watch and celebrate all the young people's achievements." Saturday Club Parent "The glrls LOVED dolng the projert! Thelr confidence has grown y) much since being at Grimml They will be gutted next month when it finishes for the summer holidays." Saturday Club Parent Saturday Club Afternoon Group - Novella Projert Over the 2023-2024 atademic year, the Saturday Club Afternoon Group worked on writin8 their own novella or an extended piece of writing. The young people began their writing journey from scratch and were introduced to different genres and styles. Throughout the year, they had to consider narrative structure, plot points and Characters. which were facilitated through fun and informative workshops. Joanne Harris joined the group for one of the sessions to give some writing advice and also share her experience as a writer. Every week, the young people received feedback from their assigned novella buddy and participated in workshops that explored different writing techniques. Their hard-work and dedication to the Craft concluded in all of them Completing a piece of writing which is going to be published and showcased at The Festival of Stories in 2025. IMPACT: 100% of the young people said they were proud of their novella. IOOYO of the young people felt more confident in writing extended pieces of work after completing the projert. 100% of the young people said their writing had improved after completing the projert. "Saturday Afternoon Club has provided my daughter with warmth, frlendship, quirkiness, inspiration, laughter, recognition, confidence and a home-from-home for five years now. She feels seen and heard amongst people that she respert5. The care and thoughtful support provided by the staff and volunteers 15 exceptional and much appreclated - it truly 15 a wonderful serving of rnagic in her life. Thank you for evety(hinE." _ Saturday Club Parent "H has been attending Grimm for 7 years nowl He still loves to come every week: Grimm has had a ma55ive influence on Harry's creativity and his love of language. I think this was reflected in H's work when it came to GCSES." Saturday Club Parent Page 10
Grimm And Co. Limlted Re ort of the Trustees for the Year Ended 31 Marth 2024 "l enjoyed the entire project. Writing our own n(wella's is really unique and is good for people to expregs themselve&" Young Person, Saturday Afternoon aub "The Novella Project was very enJoyable 8ood len8th with independent woting - I found it funl" Saturday Club Member Mae[lou$ Mi5take5+ From April - May 2Q24, Grimm & CD delivered the Marvellous Mistskes12.01 project which was a repeat of the successful programme that had been delivered in the Autumn term of 2022. The project was aimed at 9-13-year-olds and took place over five weeks at Grimm & Co. The overall aim of the project was to engage children and young people in wrlting for fun without the boundarles and restrictions of 'making mistakes,, to let go of the internalised perfertlonlsm within all of us and to allow themselve5 to play with creativity, ima8lnation and siS1iness. In each session, we explored a range of art forms such as drama, visual art and poety to play with the concept of making mistakes on purposel This all worked towards the final outcome of the programme where the 8roup created their Marvellou5 Mistakes12.01 Artivity Book. The children and young people created all the activltles, prompts and ideas that populated the publication which is now on sale in Grimm & Co's Apothecary. IMPACr: 100% of the chlldren and young people stated that they 'loved' the projectl 87.5% of the children and youn8 people stated that they are 'way more confident, after taklng part. 50% of the children and young people stated that their'Light Bulb moment. was that it 15 Ckay to make mlstakes. PrDvision Numbers at a glance.. 452 families acr055 15 Family Learning projects resultiftg In 1283 creative learning experiences In 2023-2024, Grimm & Co consulted with families who previously attended our provision to explore what they would like ZO See in future sessions. We also coftsulted with families out in the community at Rotherham Show, Ferham Festival and Rotherham Markets, as well as organisations such as the YWC4 and the Breastfeedin8 Support Group. After gathering lots of informatlon. we reathed out to Family Hubs and were successful in becoming a Satellite Hub, where we will be working in close partnership with children's health and the local council to offer training and advice as well as Sl8nposting parentslcarers to other services. Followlng our successful pilot of Story Pienic5, the National Lottery Communlty fund allowed us to off@r two more primary schools Story Picnics at a subsidised cost. This allowed anothÈr 29 families to attend the six-week programme which focused on re-engaging and developing the skills and tools to improve their child's literacies. Story Picnics has been a succe55, and parentslcarers have expressed how they have grown in confidence having taken away knowledge and ski115 to help their children with their Itteracies at home. We have also seen an improvement in parents, wellbeing. Parents are now en8a8ed in their child's leamin8 and have made strong connettions with the school. Curiouser & Curiouser Curiouser and Curiouser has continued to grow and Is now a core programme at Grimm & Co. Since the Ernporlum of stories opened in April 2024, we have delivered 18 sessions over four blocks, engaging 234 families of which 30% regularly attend the 5e55ions. Page 11
Grimm And Co. Limlted rt of the TrustÈÈg fortheyear Ended 31 March 2024 We recoBnise that parents/c3rers are busy and rarely have the time to sit and reflect, so we havÉ now incorporated journalllng into the sessions. Joumals are given at the end of the sessions for parènts/carers to add their thoughts, reflections and observations. It'5 Worth noting here that if a parentlcarer is not a confident writer, they arÉ Èncouraged to express themselves in any way they want (through drawin8 for examplel in their joumal. The Family Leaming Coordinator fills the journals with photos each week and thÈft families can take these home at the end of the programme. This has been a real success as the evaluation is focused on the family, not on Grimrn & Co: the parentlcarer Is completinR the journal for themselves, to document their own journey. For us. this qualitative dats is a rich narrative into the importance of the work we do. IMPACT: 170 parents/carers have progressed to a furthÈr learning actlvity wlth Grimm & Co. 190 parentslcarers have undertsken furthèr artivitie5 Wlth their children and have accessed re50urces at home. 1063 parents/carers have undertaken story-based creative communication activities with their children. 101 parents/carers feel greater confidence and courage around communicating with their child, 'The whole experlence was fab and $0 magical. "Relaxing one to one tlme wlth my daughter, no distractions." "My baby has been comingfrom the start and you are helping hls development so much., "The staff at Grimm and Co are helping my baby develop end interacting with other babSes. Everythlng they offer helps develop my baby. Thank you, "Wonderful experlence for rny little one to develop her creative, social and verbal skills. She is a reluctant t8lker and has a speech delay. These sesslons have encouraged her to speak to unfamiliar people and interaci with others" "Curiouser & Curiouser - absolutely love these sessions. They are a 8reat way to do baby sensory and meet new people. The sessions are well planned and run by a fab team. I have loved the themes every weék" he session5 are completely interartive. Full of child led experiences. My grandson enjoy5 every sesslon and Ilkes to explore and 15 surprised with each find" "Lots to play wlth. calm envlronment and space to explore" .1 feel like I'm making more mum friends from coming to this group" 'Ama2in8 - Thls Is our flrst tlme at Grlmm and Co! We love Itl All the staff are amazing and the venue is breath takln81 We wlll deflnltely be booklng onto more sessions. Thank you very much" 'Seeing my littie girl engaging with the magic of creative play at a place so close to my heart. Watching her eyes widen as she plays, explores and listens to stories. Thank you. "Making potions in Curiouser & Curiouser - simple thing5 made magical with pure imagination. Thank you to Lou and all the wonderful volunteers." One parent spoke of how emotional she felt attending the first session after opening at the Emporium "The staff at Grimm & Co have been instrumental in helping me to communicate with my child and returning after a year has been so lovely." Pa8e 12
Grimm And Co. rnited Re ort of the Trustees for the Year Ended 31 March 2024 Page 13
Grimm And Co. Limited Re ort of the Trustees forthe Year Ended 31 March 2024 Breastfeed5n8 Support Group The UK has some of the lowest breasrfeedin8 rates in the world. with eight out of ten women stopping breastfeeding before they want to Iunicef UK). The current breastfeedinB prevalence at 6-8 weeks after birth is 37.5% in Rotherham. Thls is significantly lower than the national average of 49.2% Irotherham.gov.ukl. At Grimm & Co we believe it is our responsibility to support parents/carers in the first 1001 days of a child's life as this time has a lifelong effect on their health and wellbeing. As a result of this, our Family Learning Coordinator is trained in Breastfeeding Peer Support and has now established a strong link with the NHS feeding SUPPOrt services in Rotherham. As there were no support groups for new parentslcarers within the central ward of Rotherham, we worked together with the local health service and ran a pilot feeding support group in the Feastery. Following this, in April 2024 we were asked to hold the Global 8ig Latch On for Rotherham in which 69 people attended with 29 of those being breastfeeding mothers. We now hold a feeding support group in the Feastery once a fortnight where mums can meet for coffee, cake and a chat whllst accessing professional feeding support from the NHS feeding team and a group of trained peer supporters. Over 80 mums have now accessed the group and continue to do so leading the way to Rotherham becoming a Breasrfeeding Friendly Borough and working tcwards reaching the UNICEF 8reastfeeding Friendly accreditation by March 2025. Page 14
Grimm And Co. Limited Re ort of the Trustees for the Year Ended 31 March 2024 The Garden Project The Garden Launch was the opening of a brand-new space at Grimm & Co to end the surnmer activities. This was led by Grimm & Co's Children's Capital of Culture ICCOCI Creative Producer Trainee5, Avumile and Dominic. It consisted of four separate sessions that ran for an hour each, spread across the day. These sessions were aimed at families and were attended by children and young people of all ages and their parents/carers. Our main goal for the event was to introduce the new space to the public by using creative outdoor-themed activities and collect feedback to get a good idea of how the space works and what people would like it to be used for in the future. Each session began with a new spiel about the garden's fictional story. followed by an exploration-based writing activity, and then expanded to five other attivities that the attendees could rotate between. We chose these activities because we felt they appealed to a broader age range of children and young people and provided ample opportunities for parents/carers to participate in the sesslon alongside them. Page 15
Grimm And Co. Limited ort of the Trustees for the Year Ended 31 March 2024 IMPACT: "Excellent space, truly magical, lot5 of opporlunity to play. create and explore." "A wonderful new addition! My children loved the free play in the sand and mud. Staff were really great and interactivel" "I like the rnagical varlety of activltles." "I I0d the mud kftchen. I wantto come here 10 time51" "Thestory was magical.. "Good wayto explore imaglnatlon." d. Main activities undertaken to further the charitable company's purposes for the public benefrt to update (Statistics tsken frem our 2024 Impact Report which covers the academic period Sept 23 - Aug 241 The Emporium of Stortes was officially opened in April 2024 and WÈ welcomed both friend5 who have supported us over the years and new friends to our new permanent home. Our activity levels have inevitsbly increased signrficantly as we resumed our Storymaking sessions with schools across the region. as well as our Out of School programmes, Family Learning and Outreach programmes. In addition, the Shop and Apothecary and also the new Feastery Cafe is now open to the public. Our volunteers continue to provlde crucial support across all the Charity's core activities and operations. Youn8 Leaders The fourth year of our Young Leaders programme Saw our creative rapscallions deliver the speech to open our brand-new writing centre. The Young Leaders interviewed children and young people from other Grimm & Co programmes to find out how they felt about the work that we do. They collated all of this tO8ether and curated their own speech which thev performed - in April 2024. They have returned to Grimm & C¢ with an appetite to do more, learn more and steer our charity in the right direction to ensure we are always repre5entstlve and relevant to the children and young people of South Yorkshire. In thé winter of 2024, the Young Leaders will be running their own recruitment drive for new members 50 watch this spacel IMPACr: 100% of Young Leaders felt supported in performlng their speech. 100% of Young LeadÈrs were happy with the content of the speech. Page 16
Grimm And Co. Limited Re ort of the Trustees forthe Year Ended 31 March 2024 Page
Grimm And Co. Limited Re ort of the Trustees for the Year Ended 31 March 2024 Outreach & Engagement Projects Numbers at a glance: 1467 children and young people across 23 unique Outreach & En8agement projects resulting in 1485 creative learning experiences Refugee Councll l Ukrainian Families These sessions took place at Riverside Library in Rotherh3m, and we engaged children and young people in various activities every two weeks, between August 2023 to February 2024. We also delivered a special session, The Lost Spoon. at the Emporium of Stories in February 2024, which included a "walking bus" and a treasure hunt from the Library to Grimm & Co. This was attended by 10 young people along with their parents/carers and Refugee Council staff. illil 141 Rush House: My Tupperware Is All Mismatched And I'm 8etter For It Grimm & Co were approached by Rush House to run a series of creative writin8 sessions for their residents around reflecting on their experience and life at Rush. Rush House is a Rotherham-based charity that provides a range of accommodation and suppcrt setvices including advice, independent living skills and trainin8 to young people a8ed 16-25. The sessions focused on developing reflection skills and improving wellbeing and creativity- Attivities included creating a shared poern, reimagining the environment around them to make new meaning. journallin& stream of consciou5 writin& and cathexis. Page 18
Grimm And Co. Limited Re ort of the Trustees forthe Year Ended 31 March 2024 One of the key aims of the projett was to encourage the young people to freely express themselves creatively, and to support their wellbeing and encourage reflection on their lives. Based on the feedback from both staff and participants at the end of the projett, it feels that this was achieved, and we plan to work with Rush in the future. The output was a publication of the youn8 people's writing and artwork, followed by a showcase event at the Emporium of Stories. IMPACT: "I can't beliève we have wrltten so rnuth. I thought the book would have hardly anythlng In It.. House. Young Person, Rush 'It's just like, it just encourages you to be like, Creative and do things that sllghtly stimulate your braln Innlt? Llke whèn you've just got stuff to do... it focuses you.. _ Young Person, Rush House "We have a I>oys' 8roup consultation. where [one of the young peoplel mentioned Grimm & Co, where he ha$ said that we should include a "Grimm & Co" style sesslon - whlch I feel proves sentirnent to what you have dellvered this past month."_ Rush House Staff Volunteers Numbers at a glance: 54 new volunteers recruited 153 volunteers retained 126 volunteers have supported us across 968 activities, giving us 4,271 hours of their time. Page 19
Grimm And Co. Limited Re ort of the Trustees forthe Year Ended 31 March 2024 Volunteers have continued to have a hugely positive impact at Grimm & Co. Since opening the Emporium of Stories, we have increased the amount of creative learning activities and services we provide. In order to increase commercial potential, using this wonderfully unique space, we have been able to host paid and unpaid events, such as conferences, teacher trainin& celebrations, spoken word poetry nights and lots more. All of this has increased our need for volunteer support and our volunteers have certainly risen to the challenge. From pot washing, story mentoring, assistin8 in the shop to helping us set up events, they are a vital part of Grimm & Co's success. To put their time into monetary value, volunteers h3ve saved us approximately £48,860.00 in 2023-2024. IMPACr: 91% of volunteers said they have grown in confidence and skills giving them a better quality of life. 48% ofvolunteers have undertaken further community engagement. 74% of volunteers feel they have developed skills to support them in securing employment beyond Grimm & Co. 97% of volunteers feel their wellbeing has incre?sed. "The volunteers were INCREDIBLE. Our students loved working with them- they wère a key part of what made the whole experience so special.. _ Teacher, Wale5 High School When asked if volunteering at Grimm increases wellbeing, one voluntÈÈr said: 'It has given me 50mething to look forward to and a sense of belonging in a professional and welcoming environment" -VolJ Page 20
Grimm And Co. Ltmited Re rt of the Trustees fortheyear Ended 31 March 2024 Volunteerlng and getting invofved has also had an effect on your personality as well. I was fifftding myself more confidènt and happier in general. It helped me realise my value as a person who (on make a difference and even helped me improve a number of skills.. Volunteer Freelance Artists We have worked with 28 associate artists this year, this 15 an increase on last year. We are looking forward to increaslng this number a8aln In 24-25 now the Emporium of Stories is full opèn. Creative Producer Trainee5 In a5SQClation with ChildrÈn's Capital of Cukure, Grimm & Co have employed two Creative Producer Trainee5 to 5UPPOrt overrhe course of the year, from February 2024- Marth 2025. They were 8lven the responsibilty of organising and planning Grimm & Co's garden project lThe Botanist's Backyard of Books, Bees and Breèksl, as well as SUPPOrting the opening of the Emporium of Stories, The Creative Producer Trainees have contributed original activities for The Feastery and monitor the data and usage of these. On top of these overarching projerts, the tralnees are involved in many aspects of working at Grimm & Co Includin8 facilitating, scribin& or being a story mentor in Storymaking sessions. helping with out-of-school clubs, taking part in anv workshops and event5 held at Grimm & Co or externally. and helping out in The Feèstery kitchen or The Apothecary shop Iloor. They will continué to create events and actlvitles, one of which is Grimm & Co's Unbirthday Event which will take place in February 2025 and is one of the trainees. malor projects. The central aim of this traineeship is for Avumile and Dominlc to progress thelr confidence and experience in areas of leadership, facilitation, production, cieative learnin& and working with children and youn£ people. Children's Capltal of Culture year and the Festival of Stories Next year, Rotherham will be the world's first Children's Capital of Culture. In the festival year, Grimm & Co will be eollaborating with the brilliant organisations that are present across Rothèrham to reach more ¢hildren, youn8 people and families than ever. Curated by local children and young people, the Children's Capital of Culture explores four themes.. - You're Not From New York Cityyou're From Rov'rum - Who We Are, Where We Come From Plug In And Play - The World Beneath Our Feet Grimm & Co will be relaunching our Festival of Stories in 2025 after a successful pilot thls year to Celebrate all Rotherham stories and create an event that all Rotherham organisations can get involved in. We want to showcase. share, create and inspire imaginative writing and enga8e familie5 in their own imagined narratives. We want Rotherham to become a StoryTown. See you next year. Page 21
Grimm And Co. Limited Re ort of the Trustees for the Year Ended 31 March 2024 Celebrating Succe55 IMPACr: 28 artists worked with 282 hours of volunteer training 6 Volunteers have been supported to gain employment 4 festlvals attended by Grimm & Co Digttal reach: 3,538 views on YouTube 111 hours of watch time on YouTube (Top video Lin8er Lon8er Lane Isoap Operal, episode I 1381 views). 865 5ubscriber5. SD films posted during that timel 35,108 website users on 44,603 sessions {111.123 page views. 193 purchases. 117 sign ups to newsletter (from website) 46% of Mailchimp subscrlbers are highly engaged on Volunteers Newsletters list 279 new Mailchimp subscribers to general Ilst 34% aro highly engaged on Mailchlmp general list 76,486 accounts reached on Facebook with 441 new followers. . Fundraising artlvlties and in¢ome generatlon, to update We have been able to contlnue our retail activities In our temporary physlcal space at Linger Longer Lane and also through online sales. As an existing National Portfolio Organisation through ACE we were able to secure a ccntinuation year In fundlng prior to r&applyin8 for the full funding round April 2023 March 2026. We also recelved a cost-of-living increase for our Natlonal Lottery Community Fund grant. - The capital projÈet, althtsu8h significantly delayed, is closer to completion; we anticipate taking possession of the bulldlng again in Q2 2023. The funding for the fit-out project has been secured through South Yorkshire Combined Mayoral Authority and a combination of Key Fund loan and grant. Moving into the Emporium of Stories is critical to the next phase of our income generation. The building development with allow income throu8h our new Feastery cafe, our permanent shop and increased visibility for our 8eneral fundraisin8 acbvities. f. Investment policy and perfornianc• Grimm & Co have continued with the overhaul of policies and are introducing new pollcles that bring about greater efficiencles and improved communication. The board sub committees enable greater governance and detailed scrutiny of HR, finan¢e, fundraisin& strategy and communications. Flnanclal revlew . Golng concèrn After makin8 appropriate enquiries, the Trustees have a reason8ble expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this re050n, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the 80ing concern basis can be found in the a¢countiri8 policies. Page 22
Grimrn And Co. Limited ort of the Trustees for the Year Ended 31 March 2024 Financial osition Income from donations recÈived was £11,731 12023.. £23.864I. This is reduced from the previous year and presents an opportunity area as we look forward to opening the Emporium of Stories. Income from charitsble activitie5 was £1,274,29212023: £1,282,656) as for the previous year and compared to previous years, this figure is signifi¢antly affected by the grants recerved for the ¢ontinuin8 Capital project. Other income, including incomin8 resour¢e5 from generated funds was £32,10212023: £47.6211. the slight redurtion reflects that we were closed for a period of this financial year and working towards the opening Of the Emporium. Total incoming resour5 for the year of £1,321,43712023.. £1,354,141). Resources expended for the year were £586,44312023: £580,486). The net incoming resources before other recognised %ain5 and IossÈs wa5 £734.99412023: £773,655>. Total funds as at 31 March 2024 were £3,063,59712023.' £2,328.6031. This 15 comprised of restricted funds to cary forward for projett5 that will continue of £667,70112023-. £1,768,713), designated funds to carry forward for allocation against specific capital costs of £53,39612023'. £261,1391 and unrestricted funds of £2.342,500 12023: £298,751). As per the previous 2023 - 2024. this year has again seen additional impact on the charity's budget due to a significant capital project taking place with due diligence, professional and legal sorvices. design consultation and a full Capital build project. This artivty Is unusual and inflates the income/expenditure over this period, b. Reserves pollcy Through a challenging time (post pandemic and impact of cost-of-livin8} for fundraising and whilst overseeing the capital project, Grimm & Co has aimed to retsin a minimum of 3 months reserves throughout this year and the charity had planned for a consistent level. Grimm & Co's policy is to strive to achieve 6 months, operatlng free cash reserves but through thls dlfficult time we reviewed this policy and reduced our expettations accordingly. Free reserves as at 31 March 2024 were £81,92912023.' £176,233),. we do anticipate a surplus of around £20k to move back to unrestrictÈd from the designated buildin8 fund in the next financi21 year. Free reserves are the net funds available for the charity aftor deducting unrestricted tangible fixed assets of £2,339,04812023: £130,622, 2022: £9.9561, èdding unrestrlcted lon8 term loans in relation to the tsn8ible assets of £78,477, deductlng restrirted funds of £667,70112023: £1,768,713) and deducting designated funds of £53,39612023: £261,139). Thls slts below our 3 month's operating costs and is below Grlmm & Co's reserves policy. The date 31 March 2024 sat on the brink of opening the Emporium of Stories and our unrestricted fixed a55ets have seen a significant Increase reflerting our Investment in openln8 the Ernporlurn at this time. The Trustees regularly analyse and review the level of reserves and conslder that the free reserves of the Charity are sufficient to cover all known risk, liabilities and contln8encies, to absorb setbacks and allow the Trust to take 3dvantage of chan8e and opportunity. The Tru5tee5 review how the assets of the Charity can be best utilised to ensure that the objertive5 of the or8ani5ation are fulfilled, and the best possiblÈ réturn 15 provided to ensure the long-term sustainability of the Charity. ThÈ Trustees have agreed that subject to the financial position of the Charity. funds can be designated by the Trustees towards capital projerts to develop new services of io assist with the irnplementation and delivery of strategically relevant development projetts and activities. The Trustees regularly review the level of reserves being held. Reserves are held to manage short-term volatility and to support opportunities that may arise during the year Isubjett to appropriate business plannin81. Page 23
Grimm And Co. Limlted Re ort of the Trustees for the Year Ended 31 March 2024 Flnanclal risk management objectives and policies The charity has been greatly supported by being a National Portfolio Organization INPOI of the Art5 Council, providing some core funding that has enabled operdtional expenditure. We were sueeèssful in retaining our NPO status for the round March 2023 - April 2026. We are now in process of applying for a extension year for Mar 2026- Apr 2027 after ACE invited applications for this. This will offer a level of security as we look ahÈad to the next three years and plan for cautious growth of the charity. srRUCTURE. GOVERNAN AND MANAGEMENT GovernSng document The charity is controlled by its goveming document, a deed of trust, and constitutes a limlted company, limited by 8uarantee, as defined bythe Companie5 Act 2ts)6. Charlty constttution . Constltution Grimm and Co. Limited is registered as a charitable company limited by 8uarantee and was set up by a Trust deed. b. Methods of appointment cr election of Trustses The management of the charitable company is the responsibility of the Trustees who are elected and coPted under the terms of the Trust deed. Trustees are appointed following an open recruitment process. On appointment Trustees are provided with a pack of key documents, dSgital access to policies and board minutes/papers from the previous 3 meetin8S. A full induction is completed by each board member and includes safeguarding, iniroduction to Grimm & Co's work and pedagogy, health and safety. Grirnm & Co undertake a DBS for all Trustees and no attivity can take place until this process is complete with a clear enhanced DBS, Arrangements for setting pay and remuneration of key management personnel and any benchmarks. parameters or criteria used are undertaken at a detalled level by the HR sub-committee with delegated authority from the board. Any key decisions made are then brought to the main board meetin8 for ratification. c. Delegated responslblllty The trustees delegate day-t¢aY management to the Founding Chief Executlve Officer. Or Deborah Bulllvant MBE and take advice on the running of the organization from the CEO with regular updates and dialogue from all manager5 across the team throu8h presentations and discussion. The Head of Operation5 attends all bcard meetings to enable wider dialogue around operations and especially around the detail of the capital developments. Further strategic and scrutinizing delegated responsibility Is glven to the sub<ommlttees of the board which currently include al finance, b} capital, cl HR to provide greater level cf detall and scrutiny against key areas. Page 24
Grimm And Co. Limited Re ort of the Trustees forthe Year Ended 31 March 2024 d. Plans for future periods Grimm & Co continues to review its governance arrangeTnents and is continuing to make progress against the externallv produced equality, diversity, inclusivity and relevance study on Grimm & Co's governance, policies and practices. The business planning and budgeting have been updated in light of the delayed capital project,. original plans have been moved fOard as the charity looks to scale its services in the next two financial years and as the capital project is now completed and we settle into the Emporium of Stories. The capital project has been a significant area of Grimm & Co's work since 2018, from recognizing the increasing demand and need for growth to identifying the most appropriate building that would last a minimum of 10 years. Since applying for grant funding in 2019 and securing a significant anonymous donation, Grimm & Co's Trustees and Senior Management Team have undertaken this grand scheme to improve, develop, restore, renovate a beautiful Grade11 listed building, previously a church. into an exciting. creative Emporium of Stories in the centre of Rotherham. The capital project suffered significant delays towards the end of the financial year 2022 2023 which impacted our opening schedule set for 2023-2024. After targeting Summer 2023, we welcomed schools back in to the building for Storymaking delivery in November 2023 and our Grand Opening to the publSc was in April 2024. Following an elaborate fit out that provides the optimum space for us to achieve impacrful outcomes for the children and young people we work with to learn, the space will enable us to build in greater sustainability for our Charity through a mixed income portfolio of hospitality, retail, contrarted services, donations, and grants. Page 25
Grimm And Co. Limited Re rt of the Trustees forthe Year Ended 31 Marth 2024 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 08765731 (England and Wales) Re8ister¢d Charity number 1154990 Registered office Grimm & Co Ltd Ship Hill Rotherham 560 2HG Trustees Mr S Dearden Writer Producer (resigned 1810912024) Ms C E Dimond Pr Consultant Mrj Dyson Writer Ms K V L Fergusson Head Of Aesponsible Business (appointed 2013120241 Dr J Hodson Senior Letturer Mr O Mantell Regional Direttor M5 L A Pogson Company Director Or L Rea University Lecturer MR N R Shabir Solicitor (appointed IV12120231 Mr P Turner Managing Dirertor lappointed 2013120241 Mr D J Whetstone Client Services Dlrector (appointed 2013120241 Mr J Sawyer Property Developer Iresigned 2013120241 Company Secretary Ms D A Bulllvant Auditors Sutton McGrath Hartley S Westbrook Court Sharrowvale Road Sheffield South Yorkshire Sll 8YZ Bankers Unity Trust Bank plc 4 Brindleyplace Birmingham B12J8 srATEMENT OF TRusfEES' RESPONS181LinE5 The trustees Iwho are also the directors of Grimm And Co. Limited for the purposes of company law} are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Ac¢epted Accountin8 Prarticel. Page 26
Grlmm A rtoftheTr Year Ended ee$ arch 2 STATEMENT OF TrUSTEES' RESPOPISIBILMES. cortlnwd Company law requires the trustees to prepare flnancial statements for each financial year which give a true and fair view of the State of affairs of the charitable company and of the incomin8 resources and application of resourcè5. IndudiTr8 the Sncome and expenditure. of the charrtable company for that perlod. In prepèrlng those finarsclal st*emeTrts, the trustees are required to select sultable accountlng pollcie5 and then apply them conslstentjy; obseNe the methods and prln¢iples in the Charity 50RP.. make Sudgements and estimates that are reasonable and prudent,. State whether appllc8ble accounting standards have been followed. subject to any materlal departures discb5ed and explained in the financial statements,. prepare the financial statemenr5 on the going cOnrn basi5 unle55 It 55 InapproprE4ts to presume that the charitsble company wlll continue in business. The trustees are responsible lor keeping proper accounting ordS whlch disclose wlth reasonable 8ccuracy at any time the finanaal positlon of the charitable company and to enable them to ensure that the flnanclal statements comply w5th the Cornponle$ Art 2006. They are also responsrble for safe8uarding the assets of the charltable company and hence for taking reasonable steps for the prevention and dete¢tlon of fraud and other irreguL•rities. In $0 far as thetrustees are aw?re-. the Is no relevant audit inforniation of which the charltsble company's audltor5 8re unaware: and the trustees have tsken all steps that they ought to have uken to make themsefves aware of any releyant audit Information and totstablish that the audltgrs a aware of that Informatlon. AUDITORS The auditors, tt0fi McGrath Hartley, wlll be proposed for re-appolntment at the forthcomlng A Trnual Gefienl Meerlng. Report Df the trthstees, Incorporatln irector5, on......., strate8lc reporr. approved by order of the board of trustee5, as the companv . and signed on the board's bebaw bv.. Ms L A Po8son- Trustee Page 27
Re ort of the Inde endent Auditors to the MÈmbers of Grimm And Co. Llmlted Opinion We have audited the financial statements of Grimm And Co. Limited Ithe 'charitable company'l for the year ended 31 March 2024 whith comprise the Statement of Financial Artivitie5, the Balance Sheet. the Cash Flow Statement and notes to the financlal statements, including 0 summary of si8nificant accounting policies. The fin2ncSal reporting framework that has been applied in their preparation 15 applicable law and United Kingdom Accounting Standards (United Kingdom Generally ACpted A¢countin8 Practice). In our opinion the financial statements- give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources. including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Prartice: and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinlon We conducted our audit in accordance wlth International Standards on Auditing IUKI {ISA5 IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilitiès for the audit of the financial ststements settion of our report. We are independent of the charitable company in accordance wlth the ethScal requirnents that are relevant to our audit of the financial 5tatemenrs in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion, ConclusloThs latift8 to golnE concern In auditing the financial statements, we have concluded that the trustees, use of the golng concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditlons that, Indivldually or collectively, may cast Significant doubt on the charitable company's ablllty to contlnue as a golng concern for a period of at least twelve months from when the financial statements are authorised for issue. Our rèsponsibilities and the responsibilities of the trustees with respect to going concern are described in the relewant sertion5 of thls report. Empha$is of matter As stated in Note 21 of the financial statements, these are amended financial statements following a change In the reserves policy disclosure in the Report of the Trustees. There is no change in the audit opinion as a result of this change In disclosure. Page 28
Re rtof the Indè endent Auditors to the Members of Grlmm And Co. Umlted Other information The trustees arÈ responsible for the other infom)ation. The other information comprise5 the information included in the Annual Report, other than the financial st3tÈmÈnts and our Report of the Independent Audttors thereon. Our opinion on the financial statements does not cover the other information and. except to the Èxtent otherwise explicttly ststed in our report, we do not express any fomi of assurance conclusion thereon. In connection with our audit of the financial statements. our responsibility is to read the other information and. In doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this 8ives rise to a material mi55tatement in the financial staternents themselves. If, based on the work we have perfomied. we conclude that there is a material misstatement of this Other information, we are requlred to report that fact. We have nothing to reptsrt in this re8ard. Opinions on other matters prnscribed by the Companles Art 2006 In our opinion. based on the work undertakèn in the course of the audit.. the Informatlon glven In the Report of the Trustees for the financial year for which the flnanclal statements are prepared Is consirtent with the financial ststements; and the Report of the Twstees has been prepared in accordance with applicable legal requirements. Matter5 on whlch we are required to report by ex¢eptlon In the light of the knowledge and understanding of the charitable company and its envlronment obtained In the course of the audit, we have not identified material misstatement5 in the Report of the Trustees. We have nothing to report in re5pert of the followin8 matters where the Companies Act 2006 requires us to report to you If, in our opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us: or the financial statements a not In agreement with the attounting records and returns,. or certain disclosures of trustees, remuneration specified by law are not made: or we have not recelved all the information and explanations we require for our audlt. Responslbllltles of trustees As explained more fully in the Statement of Trustee5' Responsibilities, the trustee5 (who are alsc the dlrectors of the charitable cornpany for the purposes of company lawl are responsible for the preparation of the financial statements and for beln8 satlsfled that they 8ive a true and falr view, and for such Internal control as the trustees determine is necessary to enable the preparation of financial ststements that are free from material mi55tatement. whether due to fraud or error. In preparing the financial statements, the trustees are responsible for a55essing the charltable company's ability to continue as a going concern, disclosing. as applicable. matters related to going concern and using the goin8 concern basls of accountlng unless the trustees either intend to liquidate the charltable company or to cease operations, or have no realistic alternative but to do so. Page 29
Re ort of the Inde endent Auditors to the Members of Grimm And Co. Limlted Our responsibilities for the audit of the finantlal statements Our obj&ctivÈs are to obtain reasonable asSurari about whether the financial statements as a whole are freé from material misstatement. whether due to fraud or error, and to issue a Report of the Independent Audltors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on tho basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. Our assessment of the susceptibility to material misstatement, whether by fraud or error, is made In a risk based approach. In this approach, laws and regulations applicable to the entbty, such as the Companies Art 2006, United Kingdom Generally Accepted Accounting Practice including Financial Reporting Standard 102. the relevant tax compliance regulations within the UK. employment law, and Health and Safety law is considered, and the policies and controls the entity has in place to ¢emply with these laws are reviewed, by discussion, reviews of correspondence and resistrations monbtored by external bodies. The engagement team remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. Policies and controls relating to the risk of material misstatement as a result of fraud are also consldered, These are assessed by obtsining an understsnding of the company's operations and control environment. The policies and controls have been reviewed by discusslon. review and sample testing of accountlng èntries, challenging assumptions and jud8ements, reviewing and evaluatin8 related partie5 transartions, and wider background searches. Testing of the recognttion of income and fund accounting has also be carried out. We have ensured that the engagement team have appropriate levels of competence and experience to effectively monltor these risks and carry out work relevant to our assessment of each risk, includin8 conslderation of the industry the company operates in and its size and complexity. A further descrlptlon of our responsibilities for thè audit of the financial statements is located on the Financial Reporting Council'5 webslte at www.frc.or8.uVauditorsresponslbilities, This description forms pan of our Report of the Independent Auditors. Other matters which we are required to address The flnancial statements for the prior period were audited by the predecessor auditor, BHP LLP. The prlor period audit report was unquallfled and dated 14 December 2023. Page 30
Re rt of the Inde Èndent Auditorsto the Members of Grlmm And Co. LimitÈd Use of our report This report is made solely to the tharitable company's members, as a bodyi in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or 3$5ume responsibilty to anyone other than the charitable company and the charitable company's members as a body, for our audit work. for this report, or for the opinions we have formed. James Salim FCCA Isenior Statutory Auditor) for and on behalf ofsutton McGrath Hartley 5 Westbrook Ccurt Sharrowvale Road Sheffield South Yorkshire Sll 8IZ Date: Page 31
Grimm And Co. Limited Statement of Financlal Actlvitie5 forthe Year Ended 31 March 2024 2024 Total funds 2023 Total funds Unrestricted fund Designated funds Restricted fund5 Notes INCOME AND ENDOWMENTS FROM Donations and legacies 11.731 11,731 23,864 Charitable artivities Charitable activities 334.489 889,803 1.274292 1,282,6S6 Other tradin8 activitle5 Other income 32.102 3.312 31102 3,312 47.621 Total 431,634 889W3 1,321,437 1,354,141 EXPENDrruRE ON Raising funds 4331 43,831 56.799 Charitsble attivities Charltable actlvitiÈs 357,IM2 185.570 542,612 523,687 Total 400,873 185,570 586,443 580,486 NET INCOME Transfèrs between funds 30,761 2.012.988 704.233 11,805,245) 734,994 773,655 19 1207,743) Net movement In funds 043,749 {207,7431 (I,IOIA1121 734,994 773,655 RECONCILIATION OF FUND5 Total funds brought forward 298,751 261,139 1,768.713 1328,603 1,554,948 TOTAL FUNDS CARRIED FORWARD l342,500 53,396 667,701 3.063,597 2,328,603 The notes form part of these financial statements Page 32
Grfmm A Balance Sheet 31Ma 2023 Tot81 fvnds Unrestricted fund Designated funds Restrlcted funds Tot funds Notes AXED ASSErs Tan8ible assets 13 1339.048 53,396 42764 U20,(O8 1,823.814 CuRRAssET$ Stocks Debtors Cash at bank 14 15 23367 11384 1565 23067 IIA84 351.702 19.557 14,904 612.293 240.137 146Jlfj 386A53 646.754 CAEDITORS Amounts fallin8 due withln one 16 8,108} P8JlXI 159.7601 NEf CURRENT ASSETS TOTALASSEfs LESS CURRETrtr UABILMES 1407,256 53W6 667,Xll 3.128,353 2.410.808 CREDITORS Amounts falllng due after more than one year 17 (64 7561 1rf7561 {82,2051 NÉT ASSETS 53J96 667,701 3.597 2,328 603 FUNDS Unrestricted funds Restrlcted funds 19 2J95M96 667,701 559,890 1,768,713 TOTAL FUNDS 3J163,S97 2.328.603 The financial statements were approved by the Boèrd of Trustees and authori5ed for issue on ............................................. and were slgned ON its behatf by.. Ms LA Pogson -Trustee The notesform part of these flnandal staternents Page 33
Grimm And Co. Limited Cash Flow statement forthe Yéar Ended 31 March 2024 2024 2023 Notes Cash tlows from operating aCt[tieS Cash generated from operations 221J)70 235.016 Net cash provided by operating activltSes 221,070 235,016 Gish flows from Investlng actlvltles Purchase of tangible fixed asset5 Capital 8rants received Finance cost5 (1,008,582) 544,370 11,030.7861 950,298 12,485> Net cash used in investing activities 464212} 182.9731 Cash Ilows from finaficing artivttles New loans in year Loan repayments in year ioo.soo 14,5741 17,4491 Net cash (used inllprovided by financing activities (17,449) 95,926 Change in cash and cash equlvalents In the reporti period Cash and Cash equivalents at the beEinning of the reporting perfod 1260,591) 247,969 612,293 364,324 Cash and cash equivalents at the end of the reportlng period 351,702 612,293 The notes forni part of these financial 5tstements Page 34
Grimm And Co. Limited Notes to the Cash Flow Statement for the Year Ended 31 March 2024 RECONCIUATION OF NET INCOME TO NET CASH FLQW FROM OPERATING ACTIVITIES 2024 2023 Net income for the reporting period (as per the Statement of Financial Act6vitie51 Adjustments for: Depreciation charges Capital grants received Finance costs Ilncreaselldecrease in stocks Decrease in debtors Increase in creditors 734,994 773,655 12,388 (544,3701 14,250 1950,2981 2,48S 8,857 380,172 5.895 (3AIOI 3,520 18.348 Net cash provlded by operation5 221A170 235,016 ANALYSIS OF CHANGES IN NEf FUNDS At ty4123 Cash flow At 3y3124 Net cash Cash at bank 612293 (260,591) 351.702 612293 260,591) 351.702 Dèbt Debts falling duÈ within l year Debts falling due after I year (13,721} (82,2051 (13,721) 64,756) 17A49 (95.9261 17A49 (78.477) Total S16,367 1243,1421 273,225 The notes form part of these financial statements Page 35
Grimm And Co. Limited Note5 to the Financial Statements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of preparlng the financial ststements The financial ststements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charrties SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their account5 in accordance with the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFRS 1021 {effertive l January 20191,. Financial Reporting Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Art 2006. The financial statements have been prepared under the historical cost convention. Grimm and Co. Limited meets the definition of a publ1¢ benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or trdnsartion value unless otherwise stated in the relevant accounting policy. Golng cOnrn The financial statements have been ppared on a going concern basis as the Trustees believe that no material uncertalnties exist. The Trustees have consldered the level of funds held and the expected level cf income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure Is sufficient, with the level of reserves, for the charity to be able to continue a5 a goin8 concern. Income All income is recogni5ed in the Statement of Financial Activities once the charity has enritlement to the funds, it Is probable that the income will be received and the amount can be measured reliably. Grants are Sncluded in the statement of financial artivitie5 on a receivable basis. The balance of income received for speclflc purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where In¢ome Is received in advance of entitlement of receipt, its recognition is deferred and Included In creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Expènditurè Expenditure 15 recognlsed once there is a legal or constructive obligation to transfer eccnomlc benefit to a third party, 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 classified by artivity. The costs of each activlty a made up of the total cf dlrect costs and shared costs, including support Costs involved in undert4king each actlvity. Direct costs attrlbutable to a single 3Ctlvlty are allocated directly to that activity. Shared costs which contrlbute to moro than one activity and support Costs which are not attributable to a sin8le activity are apportioned between thosè activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of tlme spent, and depreciation charges allocated on the portion of the asset's use. Expendlture cn raising funds Includes all expenditure incurred by the charitable cornpany to ralse funds for Its charitable purposes and includes costs of all fundraisin8 activitles events and non<haritable trading. Expenditure on charitsble activities is incurred on directly undertaking the activities which fijrther the charitsble company's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Tangibk fixed assets Depreciation is provided at the followin8 annual rates in order to write off each assèt over its estimated useful life. Freehold property Motor vehicles Computer equipment 2% on cost 25% on cost 33% on cost Page 36 continued...
Grlmm And Co. Limited Notes to the Financial Statements- contlnued for the Year Ended 31 Mar¢h 2024 ACCOUPMNG POUCIES- continued Tangible fixed assets Tangible fixed assets Costing £750 or more are capitalised and recoBnised v4hen future economic benefits are probable and the cost of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the c05t rnodel, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of Cost. The property is included at purchase Pri and renevation costs plus legal fees. Once completed. the property wlll be revalued and a full impairment revlew will be undertaken, Stocks Stocks are valued at the lower of cost and net realisable value after maklng due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportlon of flxed and Variable overheads. Taxatlon The company Is considered to pass the tests set out in Paragraph i Schedule 6 of the Flnance Act 2010 and therdore it meets the definition of a charitsble company for UK corporation tax purposes. Accordlngly. the company is potentially exempt from taxation in respect of income or capital gains received within categories overed by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Fund accounting General funds are unrestricted funds which are available fer use at the discretion of the Trustees in furtherance of general oblectlves of the charitable company and which have not been designated for other purposes. Designated funds compromise unrestrirted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund 15 set out In the notes to the financial statements. Restrirted funds are funds which are able to be used in accordance with speciflc restrlctions Imposed by donors or which have been raised by the charitable company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The alm and use of each restricted fund is set out In the notes to the financial statements. DONATIONS AND LEGACIES 2024 2023 Donations 11,731 23,864 Page 37 continued...
Grimm And Co. Limited Notes to the Flnancial Statements- continued for the Year Ended 31 March 2024 OThER TRADING ACTivrriES 2024 2023 Shop income 32,102 47.621 INCOfvIE FROM CHARITABLE AcfiviTIES 2024 2023 Activity Charitable activities Charitable activities Grants Services provided 1,190,919 83,373 1.191,502 91.154 1274,292 1,282,656 Grants received, included in the above. are as follows: 2024 2023 Arts Council England Arts Council England - Small capital grant BBC Children In Need Future High Street Fund Key Fund Grant Workwi5e Foundation Kickstart YEF National Lottery comrnuntyfund RMBC Funding under £1,000 Paul Hamlyn Fund Tudor Trust Awards Fcr All SYMCA Fit Out Hugh Neill 247,116 117,116 120,798 10,489 780,000 49,500 6,926 1,992 101,804 2.500 377 115,208 7500 957 86,240 52,000 19,950 592A48 2.000 1.190.919 1,191,502 Pa8e 38 continued...
Grimm And Co. Limlted N¢)teS to the Flnancial Statements- ¢ontinued fortheyear Ended 31 March 2024 RAISING FUNDS Ralslng donations and legacles 2024 2023 Staff costs Postage and stationery Sundries Produrts & resources Retail transartions charges 30,632 1.418 31,420 1.581 2,485 19,418 1,895 11,374 407 4331 56,799 CHARITABLE ACTivrriES COSTS Direct Costs Isee note 71 Charitable activities 542,612 DIRECT COSTS OF CHARITABLE AcfiviTIES 2024 2023 Staff costs Insurance Light and heat Telephone Postage and stationery Advertising Sundries Freelance staff Payroll fees Travel and training Bank charge5 Evaluation Equipment Repairs and maintenance Learning delivery & resource5 Profe55ional fee5 Depreciation 383,393 11,298 lo59 lo08 715 1,241 2.596 4198 2,282 14,757 356 6,767 4.356 10,679 IIW94 17,925 12388 317,410 1.733 14,598 8,277 4,879 2.455 6.567 101,463 817 13,903 497 7,649 3,230 5.126 2,092 18,741 14,250 542,612 523,687 Page 39 continued...
Grlmm And Co. Llmited Notss to the Finanaal SLitements - continue for the Year Ended 31 Marth 2024 INCOME/IEXPENDITURE} Net incomellexpenditurel is ststed after char£ingllcreditin81- 2024 2023 Depreciation - owned assets 12,388 14.250 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ènded 31 March 2024 nor for the year ended 31 March 2023. Trustees, expenses During the year, no Trustees received any remuneration or other benefits {2023." £NIII. During the year ended 31 March 2024. no expenses were reimbursed or pald dlrectly to any Trustees. 4 Trustees made donations to the charity amounting to £56412023.. £414 from 4 Trustees). io. STAFF COSTS 2024 2023 Wages and salaries 414,025 348,830 414A125 348.830 The average monthly numberof ernployees durlng the yearwas as follows.. 2024 14 2023 13 Employees The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 2023 £60.001- £70.000 The organi5ation was also 5UPPOrted by a total of 12612023.. 871 volunteers through the course of the year. The total amount of employee benefits Paid to key management personnel. includin8 employer's pension and national insurance contribution5, was £189,565 12023.. £ICQ,9061. The Trustees consider the key rnanagement personnel comprises the Chief Executive. Deputy Chief Executive. Head of Operations and Head of Learning for the 2024 yearend. Page 40 ontinued...
Grimm And Co. Umited Notes to the Financial Statements- continued for the Year Ended 31 Mar¢h 2024 ii. COMPARATWES FOR THE STATEMENT OF FINANCIAL AcfivtriES Unrestricted fund Designated funds Restritted funds Total funds INCOME AND ENDOWMENTS FROM Donations and leEaciÈs 23.864 23,864 Charltable attivities Charitable activities 162.858 1,119,798 1,282,656 Other trading activities 47,621 47,621 Total 234,343 1.119.798 1,354,141 EXPENDITURE ON Raising funds 56,799 56.799 Charftsble activities Charitable actlvitles 213,114 310,573 523,687 Total 269,913 310,573 580,486 NEf INCOMEIIEXPENDITUREI 135,5701 809,225 773,655 ftECONCILIAmoN OF FUNDS Total funds brought forward 334,321 261,139 959,488 1,554,948 TOTAL FUNDS CARRIED FORWARD 298.751 261,139 1.7SS.713 2,328,603 12. AUDITORS, REMUNERATIOI4 2024 2023 Fees payable to the charitable company's auditor for the audlt and pParatIon of the charitable company's annual accounts 13,000 14,150 Page 41 continued...
Grimm And Co. Limited Notes to the Financial S&itements- continued for ihe Year Ended 31 Marth 2024 13. TANGIBLE FIXED ASSErs Freehold property Motor vehicles Computer equipment Totals COST At l April 2023 Additions 1,853,403 1,008.582 10,500 19.485 1.883.388 1,008,S82 At 31 March 2024 2,B61,985 io,soo 19,485 2.891.970 DEPRECIATION At l Aprll 2023 Charge for year 35,277 9,982 4.812 2.406 19,485 59.574 12,388 At 31 March 2024 4S.259 7,218 19,485 71,962 NEf BOOK VALUE At 31 March 2024 216.726 3,282 2,820,CX18 At 31 March 2023 1,818,126 5,688 1,823,814 The property Is Included at purchase prlce and renovation costs plus legal fees. Once completed. the property will be revalued and a full Impalrment review will be undertaken. 14, 5focKS 2024 2023 Finished goods 23,367 19,557 15. DEBTORS: AMOUNTS PALLIN6 DUE WITrIIN ONE YEAR 2024 2023 Trade debtors Prepayments and accrued income ioJii 473 11,419 liJ84 14,904 Page 42 continued...
Grimrn And Co. Limited Notes to the Financial Statements- continued for the Year Ended 31 March 2024 16. CREDITORS: AMOUNTS FALUNG DUE WTHIN ONE YEAR 2024 2023 Bank loan5 and overdrafts (see note 181 Trade creditors Social security 3nd other taxes Other creditors Accruals and deferred income 13,721 23,126 7A84 I445 19.732 13.721 6.522 390 39.127 78,108 59,760 17. CREDITORS: AMOUNTS FALUNG DUE AFfER MORE THAN ONE YEAR 2024 2023 Bank loans Isee note 181 64,756 82,205 18. LOANS An analysis of the maturity of loans 15 given below,. 2024 2023 Amounts falling due within one year on demand: Bank loans 13,721 13,721 Amounts falllng between one and twoyears: Bank loan5 - 1-2 years 13,722 13,722 Arnounts falling due between two and five year5: Bank loans- 2-5 years 30,451 30.451 Amounts falling due in more than five years: Repayable by in5talments'. Bank loans more 5 yr by instal 20583 38,032 Bank loans represents two unsecured loans. The flrst has an annual interest rate of 3.5% and is due to be repaid fully by July 2032. The second has an annual interest rate of 4.2% and is due to be repaid in full by July 2027. Page 43 continued...
Grimm And Co. Llmited Notes to the Flnanclal Ststemènts- continued for the Year Ended 31 March 2024 19. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At V4/23 At 3113124 Unrestrlcted funds General fund Building fund 298.751 261,139 30.761 2,012,988 1207,743) 2,342,500 53.396 559.890 30,761 I05245 1395W6 Restricted funds RMBC Creative Mentoring RMBC ACE small eapital grant Esmee Fairbairn Trust Capltsl prolett The Tudor Trust Paul Hamlyn Trnst National Lottery cornmunity fund CIN BBC Small Grant Key Fund Grant and Loan Future High Street Fund SYMCA Flt out Fundlng under £5,000 Chan8ln8 Places 2023 Awards For All Trainees24 5,668 1.927 120.798 333 789,070 11,312 {5,668) Zl,326 {112545) 1333) 1789.070) {11,312) 123,2531 (8,253) 37,777 13,902 37,777 35,506 11,604 1,398 49,241 780,0(10 {Is,Cl 2,362 I1,3) (49.241) {780,OIXII 592,448 (358) 75,000 19,950 (2,980) 577,448 12,0041 175,0001 19,950 (2,980) 1,768,713 704,233 1,805,245) 667,701 TOTAL FUNDS 2328.603 734,994 3A163,S97 Page 44 continued...
Grlmm And Co. Limited Notes to the Financial Statements- continued forthe Year EndÈd 31 March 2024 19. MOVEMENT IN FUNDS- contlnued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement In funds Unre5trlcted funds General fund 431.634 {400A731 30,761 Re5trlrted funds RMBC ACE small capital grant Paul Hamlyn Trust Natlonal Lottery communityfund SYMCA Fit out Funding under £5,000 Chan8ing Places 2023 Awards For] Tralnees24 123,2531 (8,2531 148,4631 {101,3061 123,253) 18.253) 37.777 13,902 592,448 {358) 75,000 19.950 12,980) 86,240 115,208 592,448 957 7S,000 19,950 {1,3151 {2.9801 889,803 1185,5701 704,233 TOTAL FUNDS 1,321,4a7 1586,4431 734,994 Page45 continued...
Grlmm And C<>. Limited Notes to the Financlal Statèments- continued for the Year Ended 31 Mar¢h 2024 19. MOVEMENT IN FUNDS- continued Comparatives for movement in fund5 Net movement in funds At 114122 At 3113/23 Unre5trirted funds General fund Building fund 334,321 261,139 13S,5701 298,751 261,139 595,460 135,5701 559,890 Restricted funds RMBC Creative Mentoring RMBC ACE small capital grant Esmee Fairbairn Trust Capital project The TudorTrust Paul Hamlyn Trust National Lottery community fund ACE Cultural Recovery Fund CIN BBC Small Grant Key Fund Grant and Loan UKCRF Future High Street Fund SYMCA Fit out Funding under £5,000 7,200 11,5321 1,927 120.798 110.3821 18,2521 18,9371 134,3231 12801 18,6241 1,398 49,241 155,8191 780,000 115,0001 9901 5,668 1,927 120,798 333 789,070 11,312 10,715 797,322 20,249 34,323 21,884 8,624 21,604 1,398 49,241 55,819 780.000 (15.000} 2,362 3,352 959,488 809.225 1.768,713 TOTAL FUNDS 1,554,948 773.655 2,328,603 Page 46 continued...
Grimm And Co. Limited Notes to the naal Statemen - contlnued for the Year Ended 31 March 2024 19. MOVEMENT IN FUND5- contlnued Comparative net movement in funds, included in the above are as follows= Incoming resources Resources Èxpended Movement in funds Unrestricted funds General fund 234,343 1269,9131 135,5701 Restrirted funds RMBC Creative Mentoring RMBC ACE small capital grant Esmeè Fairbairn Trust Capital projert The Tudor Trust Paul Hamlyn Trust National Lottery community fund ACE Cultural RÈcovery Fund CIN BBCSrnall Grant Key Fund Grant and Loan UKCRF Future High Street Fund Work Wise Foundation Kick Start SYMCA Fit out Funding under £5,000 23,305 19,700 120,798 124.8371 117,7731 11.5321 1,927 120,798 110,382 18,2521 18,9371 134,3231 12801 18,6241 1.398 49,241 155.8191 780.000 110,3821 18,2521 18,9371 134,7801 1102,0841 18,6241 19,0911 12591 156,0711 457 101,804 10,489 49,51JO 252 780,000 6,926 16,9261 115,0001 17,5571 115.0001 19901 6,567 1,119,798 1310,5731 809,225 TOTAL FUNDS 1,354,141 1580.4861 773,655 Page 47 continued...
Grimm And Co. Limtted Notes to the Financi I Statements. ¢ontlnued for the Year Ended 31 March 2024 19. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined position is a5 follows: Net movement in funds Transfers between funds At 114122 At 3V3124 Unrestrlcted funds General fund Building fund 334,321 261,139 14,809) 2.012,988 1207,7431 2,342,0 53.396 595,460 14,8091 1,805,245 2.395.896 Restrirted funds RMBC Creative Mentoring RMBC ACE small capital grant Esmee Fairbairn Trust Capital project The Tudor Trust Paul Hamlyn Trust National Lottery commun5ty fund ACE Cultural Recovery Fund CIN BBC Small Grant Key Fund Grant and Lcan UKCRF Future High Street Fund SYMCA Fit out Funding under £5,000 Changing Places 2023 Awards For All Trainees24 7,200 11,532) 121,3261 112,545 (10.3821 18,2521 {8,9371 3.454 13,622 18,6241 1,398 49,241 {55,8191 780,000 577,448 11,3481 75,000 19,950 12,9801 15,6681 21,326 1112,5451 13331 1789,0701 111,3121 10,715 797,322 20,249 34,323 21.884 8,624 37.777 35,506 11,3981 149,2411 55,819 1780,0001 577,448 3,352 12,0041 175,0001 19,950 959,488 1,513,458 11,805,2451 667,701 TOTAL FUNDS 1,554,948 1,$08,649 3,063,597 Page 48 continued...
Grimm And Co. Limited Notes to the Financial Statements- continued for the Year Ended 31 March 2024 19. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combifted net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds unreriCted funds General fund 665.977 1670,7861 {4.8091 Restrlrted funds RMBC Creative Mentoring RM8C ACE small capltal grant Esmee Fairbairn Trust Capital project The Tudor Trust Paul Hamlyn Trust National Lottery community fund ACE Cultural Recovery Fund CIN BBC Small Grant Key Fund Grant and Loan UKCRF Future High Street Fund Work Wise Foundation Kick Start SYMCA Fit out Funding under £S,OCK) Changing Places 2023 Awards For All Trainees24 23.305 19,700 120.798 124,8371 141,0261 18,253 {10,3821 18,2521 18,9371 183,2431 1203,3901 18,6241 19,0911 12591 156,0711 11,5321 121.3261 112.54S 110,3821 18,2521 18,9371 3,454 13,622 18.6241 1,398 49.241 155,8191 780,000 86.697 217,012 10.489 49,500 252 780,000 6,926 592,448 7.524 75,OChJ 19,950 16,926 {15,0001 18,8721 577.448 11.3481 75,CUJ 19,950 12.9801 12,9801 2,009,601 1496,1431 1,513,458 TOTAL FUNDS 2,675,578 11,166.9291 1,508,649 RMBC Creative Mentoring A Contract with the Virtual Schools Service of the local authorlty enabling immediate payroll for freelance artists dellverln8 on the Creatlve Mentoring projert. The Big Lottery Fund This is the final months of a S year project wilh small extension throu8h the pandemic. The project enabled Grimm & Co to en8agÈ, support and develop volunteers and to reach families in communlties through taster activlties. Arts Councll England Capitsl Capital grant rocÈivÈd towards purchase and capital development costs. E5mee Faibairn Trust Salary costs and overheads to support the organisation to exp2nd its programmes to reach the most vulnerable children in Rotherham. Page 49 ontinued...
Grimm And Co. Limited Notes to the Fina cial S tements- continued for the Year Ended 31 March 2024 19. MOVEMENT IN FUNDS- ¢ontinued The TudorTTUSt Core costs to support Grimm & Co to develop outreach and engagement in the communities to deliver crèative. en838ing artivitie5 to the most marginalized children and young people. Paul Hamlyn Trust Support delivery of effective arts based teachin8 and learning opportunities in the prlmary classroom to build teacher's creaiive confidence and to embed learning through arts in the curriculum. National Lottery Community Fund Spotlights and Stepping Stones.. Funding support to reach and engage people in the role of volunteering with meaningful experiences. training support and socials. This is also enabling Grimm & Co to develop wider partner5hlp5 wlth external a8encies, work direttly with communities and to develop a suite of family learnlng actwities to build the capacity of parents, carers and people who work w5th young chlldren. ACE Cultural Recovery Fund Support to enable business and operational continuity and revised delivery during challenglng times posed by the pandemic. BBC Children in Need A small, discrete projett enablin8 artists to deliver out of school programmes and weekend activities for children across the borough wlth a strong emphasls on those most mar8in3lized and experiencing disadvanrage. A focus on safety and volce. RELOAD Grant Funds made available through SYMCA to Èmploy and engage local artists, creatin8 culturally relevant, innovative resources and sltes then dellverlng a range of taster attlvlries thar introduce a diversity of arts dlsclplines through story tellin8. UKCRF Funded as a part of wider Rotherh3m con50rtium to work collaboratively acro 7 projects and to deliver three festivals, recruit, engage, train and support 6 Young Producers wlth care experlence Sn theirfirst workplace. YEF A project that enables support to young people - from tssters to learnin8 programrnes, providing a sample of the use of creativity in learning. ACE Day to Create A commi55i0n with the Arts Council to create an interattive. innovative leaming pack that could be made and distributèd out to all Art Mark Schools across the country. Capltal Project Capital grant received towards purchase and capital development costs. RM3C RMBC support our Creative Mentoring project whereby vulnerable young people are matched with and supported by creative practitioners. Page 50 ontinued..
Grimm And Co. Limited Notes to the Financial Statements- Colltinued forthe Y r Ended 31 March 2024 19. MOVEMENT IN FUNDS- (ontinuod ACE srnall capital grant Arts Council En8land supported Grimm & Co with a Small Capitsl Grant to help fund the renovation works to create ethe Emporium of Stories. Key Fund Provided social investment in the form of a lean and grant package, to help Grimm & Co with the projert to fit out of the Emporium of Stories. Future High Street Fund Supported Grimm & Co with a grant toward5 the renovation works to create the Emporium of Stories. The Work-wlse Foundatlon Helps employers tske the lead in preparing young people for employment and rewarding careers. Work-wise supported an apprenticeship placement at Grimm & Co. South Yorkshire Mayoral Combined Authority Provided asslstanco In conjunction with Key Fund above to fund thè fit out in order to develop the disused Talbot Road Church into the Emporium of Stories. The negative restricted fund balance this year relates to the salary costs for the project manager which occurred during the year. All costs will be recovered during 2023124. Funding under £5,000 Other restrlcted monles glven to the charity for speclfTc purposes. Changing Places 2023 This gr3nt enabled Grimm and Co. L¢mited to inst211 a full disabled changing facility complete with hoist and Shower meanin8 that all visitors to the premi5e5 (an use the bathroom with di8nlty. Awards for All A projett grant from Arts Council £ngland working towards the Festival of Stories 2025. Transfers between funds Transfers to restricted funds from unrestrirted funds represent minor overspends on projects which have been supplemented through unrestricted reserves. Transfers from restrlcted funds to unrestricted funds represent projects whlch have beer completed and are deemed to have satisfied the funding criteria. Transfers of restricted funds balances to unrestricted fvnds represent those that are fully spent and relatin8 to capital costs for the developmeftt of properry which do not hold a restriction followin8 the spend. PageS1 continued...
Grlmm And Co. Limtted Notes to the Financial Statèments- continued forthe Year Ended 31 March 2024 20. RELATED PARTY DISCLOSURES The charitable company has not entered into any related party transactions during the year, nor arè there any outstanding balances owing betsveen related parties and the charitable company at 31 March 2024. 21. AMENDED FINANCIAL STATEMEKrs These financial statements are revised to amend wording in the Report of Trustees relating to free resetves on Page 23, to 8ive 8reater clarity to the financial position of the eh3rity. The revised financial staternents replace the original financial statements for the financial year ended 31 March 2024, and are now the statutory financial statÉments fctr that year. The revlsed financlal statements have been prepared as at the datè of the original financial statements, and not as at the date of revision and accordingly do not deal with events between those dates. Page 52