Charlty reglstratlon number 1155878
Company regislratlon number 06323530 (England and Wales)
MOOREARTS: MILLOM
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

MOOREARTS: MILLOM
LEGAL AND ADMINISTRATIVE INFORMATION
Trustaas
Miss S Wilson
Mr D Seal
M8 S B Cloudsdal8
Mr S J Falkner
M$ E Holiday
Mrs L Jones
Miss L Jonas
Mrs D O'Brlen
(Appointed 1 July 2024)
(Appointed 1 July 2024)
(Appoinled 1 July 2024)
Charlty number
1155878
Company number
06323530
Registered offi¢e
Halecote
st Lukes Road
Haverigg
Millom
Cumbria
LA18 4HB
Ind&pend6nt examln8r
Redhead Accouniancy Ltd
Bank Hou88
Grrffin Street
Broughton-in-Furnes5
Cumbria
LA20 6HH

MOORE ARTS: MILLOM
CONTENTS
Page
Trusl88s r8POrt
Independent examiner's report
stalemont of financial activlties
Balance sheel
Notes to the financlal statsm8nts
6-12

MOOREARTS: MILLOM
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JULY 2024
The trustees present thair annual raport and flnancial st8lem8nts for the year ended 31 July 2024.
The financial statements have been prepared in accordance wth the accounting policies set out In note 1 to the
financial statements and comply with tha tnjstegs's Igov@ming documentl, the Companies Acl 2006 and
"Ac¢ounling and Reporting by Charltlès., Slatement of Recommended Practice appli¢8blè lo charities preparing their
accounts in accordance with the Flnanclal Reportlng Standard applioable in the UK 8nd Republlc of Ireland (FRS
102)" {8ffecllve 1 January 2019).
Obje¢tiVg8 and a¢tlvltles
The trust88s's obj8Cts are lo provide facilities. training and education to the disadvantaged young people of Millom
who want to @ngage in theatre, dance and associated p8rforming and visual arts, and to further and build
awareness of the perfonning and visual arts to the local communlty. Therg has been no change in these during the
year.
Publio benefit
The trustees have paid due regard lo guidan¢e issued by the Charlty Commisslon in deciding whal aetlvllles the
trusl8es shoijld undertake.
Achievements and performance
Significant activities and achi6vements against objectives
Flnancial review
Rèsowes pollcy
It is lh8 policy of th8 trustees that unrestricted funds which have not been designated for a speclfic use should be
maintain8d al a lav816quivalent to thr&e month's expenditure. Th8 trust888 considers that reserves at this level will
ensure that, in the event of a significant drop in fijnding, they wlll ba ablg lo continua the trustees'8 curr8nt activities
while consideration is given to ways in which additional funds may be raised. This level of reserve$ has b86n
maintained throughout th8 year.
Major risks
The trusla8s have assessgd the major risks lo which the trustees is exposed, and are satisfied that systems are in
place to mitlgata exposure to the major risks.
structure. governance and manag8m8nt
Tha twslaes is a company limitgd by guaranloe.
The trustees, who are also Ihe directors for the purpose of company law, and who served durlng tha yoar and up to
Ihe date of signatur8 of the financial statements were..
Miss S Wilson
MrD Seal
Ms C Gardnar
Ms K Thornpson
Ms S B Cloudsdal?
Mrs J Falkner
s E Holiday
Mrs L Jones
Miss L JDne8
Mrs D O'Brten
(Resigned 31 January 2025)
(Resigned 31 October 2023)
(Appointed 1 July 2Q241
(Appointed 1 July 20241
(Appolntad 1 July 20241
Rocruitment and appointment of trustees
None of the trustees has any ben8ficial interest in th@ company. All of the truslees are members of the company and
guarantee to contribute £1 in the event of a winding up.

MOOREARTS: MILLOM
TRUSTEES REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Other matters
The Iru$tees report was approved by the Board of Trustees.
.rdrfL Jones
Trusioe
Date:
of

MOORE ARTS: MILLOM
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MOORE ARTS: MILLOM
I report to the trustees on my examination of the financial statements of Moore Arts, Millom Ilhe trustees) for the
year ended 31 July 2024.
Responslbllltles and basls of report
As the trustees of the Iruste&s (and also its directors for the purposas of company law) you are rèsponsible for the
preparallon of lh8 financlal statements in accordance with Iho roquiramenls of th8 Companles Act 2006 (the 2006
Acll.
Having satisfiad mys8lf that the financlal slataments of thé trustees ara not r8quir8d to bg audited und8r Parl 16 of
thg 2006 Act and ar8 61iglbl8 for Indapendenl examlnatlon, I report In respect of my examination of the Irustees's
financial statements carrled out under section 145 of the Charities Act 2011 {the 2011 Act}. In carrying out my
examination I have followed all the applicable Directions given by th& Charily Commission und8r section 145{51{bl
of the 2011 Act.
Independent examiner's statement
I hav8 compl8led my examination. I confimi that no matters have come to my altentlon In connéction with the
examlnatlon givlng me ¢ause to believe that in any material respect..
accounting records were not kept in respect of the trustees as required by section 386 of the 2006 Act- or
th8 fin8ncial sta18m8nts do not accord with those records., or
tha flnanclal statemènts do not comply with the accounting requirements of secllon 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is nol a matter considered as parl of an
independent 8xaminalion', or
th@ financial statèmants have not been prepared in accordance with the methods and principles of the
staternent of Recommended Practlce for ao¢ounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and
8public of Ireland (FRS 102)-
I have no concems and have come across no other matters in connection with the examinalion to which attention
should be drawn in this report in order to 8nabl8 a proper understanding of the financial statements to be reach8d.
Rgdhead Accountancy Ltd
Bank House
Griffin Street
Broughton-In-Furness
Cumbria
LA20 6HH
Dated: 30 May 2025

MOORE ARTS: MILLOM
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JUL Y 2024
Unrestrictgd R8Strl¢ted
funds
funds
2024
2024
Total Unrastrlcted Rastrlcted
funds
funds
2023
2023
Total
2024
2023
Notes
In¢ome from:
Donation5 and legacies
Charitabla aetlvltlas
Investments
47,290
6,400
87
5,000
138,369
52,290
144,769
67
17,713
22,520
17,713
81,698
59,178
Total Incomo
53,757
143,3e9
197,126
40,233
59.178
99,411
Expenditure on:
Charitable actlvities
24,741
138.770
163,511
52,094
56,600
108,694
Total expenditure
24,741
138,770
163.511
52.094
56,600
108,694
Net Incomel{expendlture) and
movement In funds
29,016
4,599
33,615
(11,861)
2,578
19,283)
R8conclllatlon of funds:
Fund balances at 1 August
2023
2,402
7.692
10,094
14,263
5,114
19,377
Fund balances at 31 Juty
2024
31,418
12,291
43,709
2.402
7,692
10,094
The statement of financial activities includes all gains and losses recognised in tho year. All income and expenditure
derive from continuing activities.

MOORE ARTS: MILLOM
BALANCE SHEET
ASAT31 JULY2024
2024
2023
Notes
Current assets
Debtors
Ca8h at bank and in hand
10
8,491
40,352
1,441
13,861
48,843
15,302
Creditors: amounis falling due within
on8 year
12
15,134)
15,208)
Net current assets
43,709
10.094
Net assets excludlng penslon Ilablllty
43,709
10,094
The funds of the trustees
R8Strict8d income funds
Unr&strict8d funds
12,291
31,418
7,692
2,402
43,709
10,094
The company is enlitled lo the exemption from the audit requiremenl contained in section 477 of the Companles Act
2006, for th8 y8ar end6d 31 July 2024.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2008
with respect lo accounting r8cords and the prepar8tion of financial statements.
The members have not required the company lo obtain an audit of Its finan¢lal statements for the year in question in
accordance with section 476.
These financial statement5 have been prepared In accordance wlth the provlslons applicabl8 to companies subject
to the small companies regirne.
The financial slatements were 8pproved by th8 truste8s on
IthL Jones
Trustgo
Company registration number 06323530 (England and Wales)

MOORE ARTS: MILLOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JUL Y 2024
Accounting polici¢s
Charlty Infomiatlon
Moore Arts- Millom 13 a private company limited by guarantee incorporated in England and Wa198, The
registered offic6 is Halacote, St Luk&s Road, Havefigg, Millom, Cumbrla, LA18 4HB.
1.1 Accountlng convantlon
The financial statements have been prepar6d in accordance with the INste8s's [governing documentl, Ihe
Companies Act 2008, FRS 102 "Tho Financial Rgporting Standard applicabla in tha UK and Republic of
Ireland" {'FRS 102.1 and the Charities SORP 'Accounling and Reporting by Charilies: Statement of
Rocommended Practice applicable to charities preparlng their accounls in accordance wlth the Financial
Reporting Standard applic8ble in tha UK and Republic of Ir8land (FRS 1Q2)" lgffgctive 1 January 2019). The
Irust88s is a Publ1¢ Benefit Entlly as deflned by FRS 102.
The truste88 has taken advanlag8 of th6 provisions in the SORP for charitl8s not to prapar8 a Stat8m6nl of
Cash Flows.
The financial statements are prepared in sterling. which is Ihe funclional currency of Ihe trustees. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under Ihe historical cost convention, [modified to include the
revaluation of fr8ghold propertigs and to include inveslm8nt prDP8rties and certain financial instrumgnts at fair
valuel. The principal accounting polici8s adopt6d are $8t out below.
1.2 Going concern
At the time of approving the financial statemants, Ihe trustaas have a reasonable axpactation that the Irustaes
has adequate resources to continue in operational existence for the foreseeable future. Thus the truslees
ontinue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unreslricted funds are available for use at Ihe discretion of the trustees in furtherance of their charitable
objectives.
Restricled funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposès and usés of Ihe restrictéd funds are set out in the notes lo the financial slalements.
Endowment funds are subjeGt to specific conditions by donors that the capltal must bè maintained by the
trustees.
1.4 Incomè
Inwme is recognised when the trustees is legally entitled to it after any performance conditions have been
met, the amounts can be measured reliably, and it 18 probable that income will be received.
Cash donations are recognised on receipt, other donations are recognised once the trustees has been
notified of the donation, unl8ss p&rformanc& conditions raquire déferral of thé amount. Income tax rècoverable
in relation to donations recaived undar Gfft Ald or daads of ¢ovenant Is recognlsed al the tlme of the donallon,
Legacles are recognlsed on receipt or othemlse if thg trust88s has be8n notified of an impending distiibution,
the amount Is known, and re￿Ipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.

MOORE ARTS: MILLOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Accountlng pollcles
{Continued}
1.5 Expenditure
Exp&ndlture Is rscognlsed onca th&re Is a legal or con$tru¢tive obligation lo Iransfer economic benefit to a
thlrd party, It Is probable that a transfer of economic benefils will be required in settlernenl, and the amount of
the obligallon can be measured reliably.
Exp8nditure is classified by activity. The costs of each actlvlty ara mada up of the total of dlract costs and
shared costs, including support costs involved In undertaktng each acllvity. Dlrecl costs attrfbutable lo a slngle
activily are allocated directly lo that activity. Shared costs which contribute to more than one activity and
support costs which ara not attrlbutabla to a slngle activity are apportion8d between those activities on a basis
consistont with th8 usa of résources. Central staff costs ara allo¢ated on the basis of time spent, and
depreciation charges are allocated on the portlon of the asset's Use.
Unrestricted funds are available for use at the dlscretlon of the trustees In furtherance of thelr charllable
objectives,
1.6 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, d6posits held al call with banks, other short-term liquid
inv8Stments with original maturities of thr88 months or18ss, and bank overdrafts. Bank ovardratts are shown
wlthln borrowlngs in ourrent liabilities.
1.7 Financial instrument8
Thè trustees has e18¢ted to apply the provislons of Section 11 'Basic Financial Instruments, and Section 12
'Other Flnanclal Instwments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the trustees's balance she@t when the trustaes becom@s party lo the
¢ontra¢tual provisions of the instrument.
Financial assets and liabiltties are offset, wilh the net arnounts pres8nted in the financial stat8m8nts, when
there is a legally enforcaable rlght to Sat off the racognlsed amounts and there is an intention lo séttlé on a nel
basis or to realise the asset and settle the Ilablllty simultaneously,
Basic flnancial assets
Basic financial assets, whlch Include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried at amortised cost using tho effective
interest method unless the arrangement constitutes a flnancing transaction, whera the Iransacllon is
measured al the present value of the future roceipts discounted at a markel rate of Interest. Flnanclal assets
classified a5 receivable wilhin one year are not amortised.
Basic linancial liabilitlgs
Basic financial liabilities. including creditors and bank loans are inltially recognlsed at transaction pdce unless
the arrangom@nt constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilitios classtfied as payable
within one year are not amortised.
Debt instrum&nls ara subsequently carrlad al amortlsad cost, using the effective inlerest rate method.
Trade credltors are obligalions lo pay for goods or services that have be@n acquired in the ordinary course of
operatlons from suppliers. Amounts payable ara classified as current liabilitias if payment is due within one
year or less. If not, they aro presont8d as non-curtBnl liabilities. Trada ¢redltors ara recognisad Initially at
transaction price and subsequently measured at amortised cost using the effe¢tive interest method,
Derecognitlon of IlnanGlal Ilabllltles
Financial liabllltles a￿ dere¢ogni$ed when Ihe trustees'5 Gonlractual ob5igation5 expire or ar? discharged or
cancelled.

MOORE ARTS: MILLOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
Ac¢ounllng pollcles
(Continued)
1.8 Employee benefits
The cost of any unused holiday 6ntitl&ment is recognised in the period in which the employee's servlces are
received,
Termlnation benefits are recognised immediately as an expense when Ihe trustees Is demonstrably committed
to tarminate the employmenl of an employea or to provide termination benefits.
1.9 Rotirement benefits
Payments to definèd contrlbutlon retlremant beneflt schemes are charged as an expensè as they fall due.
Crltical accounting eslimates and judgements
In the application of th6 trusteès's accountlng policies. th8 trusl88s are r8quir8d to mak8 judgem8nts,
eslirnates and assumptlons about the carrying amount of assets and liabilitias that ar& not roadily appar8nt
from other sources. The estimates and associated assumptions are based on hlstorlcal experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are revlewed on an ongoing basis. Revlslons to accountlng
estimates arg r8cognised in the period in which the estimale is revised where the revlslon affects only that
period, or In tha parlod of the revislon and future periods where the revision affecls both current and future
periods,
Donatlons and logaclos
Unrestrlcted Restrlcted
fund8
funds
Total Unrestricted
funds
2024
2024
2024
2023
Donations and gifls
Govarnmenl grant
Membarship fe8s
644
45.750
5,896
1,273
11,600
4,840
40,750
5.896
5,000
47,290
5,000
52,290
17,713

MOORE ARTS: MILLOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Charllabla actfvitles
Charitable
Incomè
2024
Charltable Income
2023
Grants and funding
Grants, donations and subscriptions
138,369
6.400
59,178
22,520
144,769
81,698
Analysis by fund
Unreslrrcted funds
Restricted funds
6.400
138,369
22,520
59,178
144,769
81,698
For th• year ond•d 31 July 2023
Unreslricted funds
Restricted funds
22.520
59.178
81.698
Incom6 from Invostment8
Unrestricted Unrestricted
funds
funds
2024
2023
Intarest receivable
67

MOORE ARTS: MILLOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Expenditure on charitable actlvltles
2024
2023
Dlrect costs
Staff costs
UF Purchasbs
Rant and rates
Insuranc8
Light and ha81
Talephone
RF Purchases and other direct costs
Accountancy fees and subscriptions
Sundry expenses
Bank ¢harges
Repairs and maintenance
120,945
258
7,201
950
6,189
621
2,498
748
1,785
342
5,202
90,835
2,000
8.618
1,542
5,504
463
203
236
1,261
32
146,737
108,694
Share of support and governance costs (see nole )
Support
16,774
163,511
108,694
Analysis by fund
Unreslrict8d funds
Restricted funds
24,741
138,770
52,094
56,600
163,511
108,694
Trustees
None of the Iru5tees lor any persons connoctad wllh them) received any ramunaration or benefits from the
trustees during the year.
10

MOOREARTS: MILLOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2024
Employegs
Number of omployeos
The average monthly number of employees during the year was-
2024
Number
2023
Number
Taxation
The ¢harity is exempt from laxatlon on its activities because all Its Income Is 8pplled for charitable purposes.
10 Debtors
2024
2023
Amounts falling due wilhin on8 year:
Trade debtors
Other debtors
1,441
8,489
8,491
1,441
11 Loans and overdrafts
2024
2023
Bank loans
3,926
5,208
Payable wlthln one year
3,926
5,208
11

MOOREARTS: MILLOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
12 Creditors., amounts falling dug within one year
2024
2023
Notes
Bank loans
other laxalion and social security
Accruals and deferred income
11
3,926
808
400
5,208
5,134
5,208
12-