REGISTERED CIIARITY NUMBKR.. 1156915 R¢port of th¢ TMJtres lwd UnAudited Financial Statements for the YearF.nd¢d 31 D¢¢¢mb¢r 2023 Impi¢t Th¢¥ttt CIO Gron¢ Harrod imnan Davis LLP ch&rter Aecouniants Floor Healthaid Housc marIroUgh Hill Hamiw Middle5¢X HAI IUI)
Impa¢tl'h¢atre CIO Conttnts of tht F1w11 Stitements for theyear ¢nd¢d 31 Detember 2Q23 Pa8¢ R¢pTrrt of th¢ TrusÉtt 1 10 3 IDdtptftdent FJXAllbiner'$ Rewjrt Stat¢mtnt tsf lilll&Dtial A¢tivitie5 B8lante Sht¢t Notes to the Finan¢ial S¢*ttments 7 11
Impllct Thttrt CIO R¢tM)rt of tht Trnsttes for tht ytar ¢ndcd 31 D¢¢¢mbtr 2011 kn5ttts pr¢sent their relrt with the finanaal 5ratan¢tts of ¢Irity fot th yeaT en1 31 D¢mber 2023. Th¢ hav¢ adopt¥d the provisions of Aco)unlLDS and Rewrtln8 by Charities.. Sl¢m¢nI of RemMerkd Practice apF4irabl¢ lo charities prwing their accounts in accordan with the financial Standd app]icabi¢ in th¢ UKand Rcpublic of Ireland IFRS 102) (effective l 20151. owEc.'riTrTs AND ACTMTIES The principal activity of the charity in y¢Jr uttder review was w operate a theatre totDparty for ddults with Itaming (lisabiliti wTrK) hav¢ an inleT¢sI in Frlorming artd cteativc arts. lThe thetttre company is on a voluntsry basis by th¢ Artisiic DIrr and Commitr of vvlutrtm 8lld mem vod in by the memknhip. Cwr¢mlv there gre 60 tne]llbcr5. ACHIEVEIENT AND PERFORMANCE 2023 w&s aJEdly tXLSy ycar ¢rying 10 make up fiTrrtv¢nts that hthl to I]ned and missc4] over tIK wvid r)(L The immcrsiv¢ filtn conlinued to k 5creBnedculminating wtth &weekend screeningat th Sobk in Augu5L In March h¢ld our r1¢ Oscar Night since 2017. It was a huge succrssful eweni attttithd by over 400 pwpl4 including eight celelxitie5. In Junc, wc pui on a f¢sliva] w trl¢brate Windrush day. In July wc stagcd The &lkW, our riT51 full so1¢ live woduction Sin 2019. tn De£emb¢T, w¢ 51¥¥¥i a very well supported Christsnas Variety Show. A150. thi5 month we wer¥ th) a Frfi)nn&nc¢ at Eaiing Broadway ftrr a very spe£ial s$L We Tr¢ not thld uthl 30 minutes fOrehand tltht thc 8lleSt WLS King Charlcs III. It was a W0nd¢rf opp)tnll)ty br our 5]d dmccTS to rrfornJ for 8Dd m<ri Ihe Kin8 who said he wag very impred with ouror¥w]is&lion. Thtoughout th¢ y¢gr our act0 siBd danL%rs and Band al a numlxr of events for other orgoni5ations and local authorities. Our Ill The Journey, w&818unched ld scrccncd at atLumb¢rof vcnuts by r.&ling Council. During this F¢Tiod w¢ played a significant role in the IA)cai Aulknrity Pgrthcrship Board aThl contriFAlled to the Ealing cltUral Manifcsto. Th¢ IMPACT Prok55ionds Project ¢omplete4 and wc created Portfoli05 and Shr(s for 25 of our perfomi¢r& We had meeting$ with a numbeT of pwfessionalorganis&ions for finan¢ial and legal advice. FIIYAP4CIAL REVIEW The T$¢5 have agreed that the Charity may und¢ft¥ke as rnuch chJTilabJe exFnditurc 18 Jx)ssiblt, sthject to the financial constrwnts within whith il oFrat&S, and a Icvcl of funds of at i¢a5t 6 monilkg expendiDJre. The T¢8 ¢(sId¢r that 5¢[w¢s ilt this level will ensu thaL ihe ¢t of a si8nifltOnt drop in fundin¥. wli l abl¢ to ¢tinu¢ the Charitys curtent &tivilies while considciation is wvcn to way3 in whi¢h additll)tl fumds may beraise41. The level of resejves i%. b¢cn mttinlaiwl Ihtoughoul the year. IINYhof th¥ thAt¥¥ JAINACTOurreh Network LIQ nol.for profit S(*iaJ Ettterprise. aY¢ owncdby Ik¢harity. Page I
lrnpfitt The•tr¢ C.10 Report of the Trustees for th¢ y¢wremdtd 31 Dttembtr 2023 FUTLE PLANS ed oil the knowledgc gfjijd from PrOf10rlS pmject It wag dCCid that 8¢ttillg up our own aL supp)rt ow learning (tisabl¢d perfomers th¢ tfsl way fiirward and we will t¢ looktn¥ to establish links with an ewstu ag¢Y in 2024. Ba%d on 5u¢&ess ofThe Crallery. despite having vujy a sh(xt amount of tim¢ to ¢at¢ i( have (kcithd to d¢v¢Jop it and Stage it again as The Galleryof l.ighy in 2024. W¢ pkns lu fi1rtr develop tk studio th¢itr¢ and lo uwlate the lighting atxi syans. Wt want to mfjke the 4udio MO vertIl¢ itt king both a black box snd %uithble for imme1Ve S¢%ing&. We akn plan to tak¢ ImSlleTSiV¢ fibn iooiher venues following the SUC& ofilr Slye<IgS at the SoutJibBtdt. We ptym to upgrk the ol¢M)r attd ind(x)r lighting in artd arowid the building impme our security by upgrading wrCCTV sys1¢m. We have applied for a thfiiydlaknr which to h¢ instrdlied on the outside of tlK building wilh suprrfjrt fivm Ealin8Lwicil. We W tr) upgrade kitdKD if fut1n8 allows. We plaThio offtr our Trus¢¢S the ojyrtwnity toun(krtak¢ Guvemartcc Tr&n¢n8. STRUCIiTRQGOVERNANCE AND MANAGEMENT Governing document Thc thatily is conlrolIed by it4 govcrnine dLwncnL & deed of a] constiiu1¢5 a Charitable Incorwrated O[g&)ilon. Th¢ ctTrArty wgs¢slabli51dort 2 MAY 2014. REFF.RENI:E AND ADMINIS'IIL4TIVE DETAILS ReglBtered Charity numb¢r 1156915 Prin¢ip*l addres8 IrDPXtComrnunity Arts Centrc ing Lentrai SrAmsGrwI Hor5entkn l.ane South Pwivale Middlesc< UB6 8GP Tr•51ctS Ms H¢1 RUSKII Ms Mary Lawrenwn Ms fve Strwart MTN¢vill¢ Sifftp30n Ijwlependent E%#mkntr Ham)d LKttnan thvis l.l.P artertd Acthulltttjts 151 F14xir Hetha1d Hou$e MarlknrDUBh Hill Midllesex HAI IUD cOmCEmENT OF ACTIVITIES Thv tharily (x)mm¢5KedEvovidin8a SCTvice on l January 21Jl5. Pase 2
Impaet Thutr¢ CIO Report of th¢ TThst¢¢¥ forth¢ ytlttnded 31 Delember 21Jll Ar4)roved by ord¢r ofthe hTrard of1nOn... .. and signed on its iKh8lf by.. Ms Helen Ruwll- Twl¢e Page 3
IDdepend¢nt E¥aJniner's Report to ¢ht'lrnsteu of Th¢atre CIO lthd¢pendrnl ¢Tamihcrf$ ttport to the trusttes of Irnp&¢t Theatre CIO I fy) th¢ ¢lwily tru#ees on my exami110n of the #ccounts of Imp¢t T1re CIO {th¢ Tru51) for t year cndcd 31 1)ccernb¢r2023. ReApon5ibilities and bgsis of report A5 ch8Jity trustecs of the '[¥t ynu 8re reSSibIC for ts ptepgrtK)n of the in aCrd¥JI[% wtth rtyuiremellts of th¢ Chariti¢s A¢t 2011 I'the Ail). I rq)(¥t in r¢srKth of Trty ¢X)mu]0 lif th¢ T$ 2tt0unts carried out unikt &clion 145 ofthe Act and in carryitJ8 Out my ¢xBtninatiDn I have foliomrd all applicablc D1ctIot)5 given by Lhatity Commission UD(kr Section 145(51(b} of th¢ ACL ldtptthdent exaltr,8 $tht¢ment I have eompleied my &xaminalion. I Confir ttwt no ma¢eri21 matters have CO to my attcThtn in cortnectiot) with th¢ exami&(10 8iving me ca¢ to klieve that in any matiiai rn1". accoLmting records w¢r not kept in respect of Ihe'lnjst &$ requircdby Section 130 of the Ad,. or the &ccounts do not accord with those re¢ords; or the accounts do not Lomply with lh¢ applicable requirements eotKerning th¢ foTtn and conteth of a¢nts sd out in the Charities IAc£ounts and R¢ports) RegutiOnS 21KI8 oiher th8ll any quiD¢t it( o(wunts 8iV¢ A ttue ynd faiT view whiLh is not a matterix)Thsideral as part of an inden1 examin10. I have no conL%ms and have con)¢ across oth¢i twill$ in u)nneLiion with ti examitthtion to which alt¢nlion sknuld bt drawn inthls rert in order to ¢nable a proper understandin8 ofth¢&counts to be r¢o¢lK Jeremy Harrod FCCA Grant Hamjd LLrman Davis LLP Chorted Account8nts l$iFILr Heaithaid House MarltK>rou8h Hill Hjrnw Middiesd I1 Iu Date..
Thtatre CIO Balance Shett 31 Detémb¢r2023 2023 Total funds 2022 Torai rutwjs Utleted tund Restrickd fijnds Ni>S CURRENT ASSETS 35,603 16&389 35,(A)3 169.639 35.567 158,245 Cash at bk 1,250 203,992 1.250 205.242 193.812 LRf.Dl"I'ORS A]llounts [lin8 thje within one year (1.141)) (1.140) NET CURREpifASSF.TS 201852 1.250 204.102 192,672 'I'OTAL A%SL'IS LESS CURRENT LL4BILITIES 202,852 1,250 204.102 192,672 ET A&SEIS 202,852 1.250 204.102 192.672 11n$1Cted fimds R¢stsicied fuj) 202,852 1,250 l(A,272 28.400 TOTAL FUNDS 204,102 192.672 cia] state ¢nt5 wwe Approved by the Board gf Trnsrtees and authorised for is5 . and were signed on its. LYhEdf by.. Ms Helen Rus¥ll- Trustre Tr wt¢s lomi part of these fin8rtCi81 $tst¢m¢J Pa8e6
Impaet Theatre CIO Ststementof Fillantial A$Vill¢S forth¢ yt#f tnded 31 Dectmber 2023 2025 T¢)la] 2022 Tolai fil Unrestr¢ted fiind Restricted funLi Not¢s INCOME AND ENI)OWMETr¥fs FROM l)onations and Icgacic5 31,842 4.150 35,992 30,7) OthertradinB activiti¢5 Investment ino)me 23.961 1,877 23.961 1.877 41,788 Tibtsl 57.680 4,150 61.830 72.488 EX7ENDITURE ON Charit8hle activitie5 0]ratIon0[thEa 3nd arts ¢¢ntie Donatio 19,100 19,IIK) 10,924 4,U50 31,300 T+)¢al 19.100 31,300 50,41M) 14.974 NET INCOMEIIEXPEf4DITUBEI 38.580 Q7,150) 11,430 57,514 RF.CONC.11,IATIq)N Truf4DS Total bruughi forward 164272 28,41X) 192,672 135,158 TOTAL FUNDS CARRIED FORWARD 202,852 i.0 204,102 192.672 nD1¢5 form part of th¢8e stat¢m¢nts Pa8c S
Impad Th¢atr¢ CIO Lyotes to ihe FiATh¢Éal St#tethEnt forthe year tnded 31 Decemb¢r 2011 ACCOiINTING POLICIES Basis •f prepariD8 the ffinaneiml #tatements The finan¢wl stateme]Jts of thc charity, whi¢h i$ a public belfIt cntity und¢T FRS 102: have ixen PPar¢d accordgn(r with the Chariiies SORP {FRS 102) ALLounling and Re]M)rting by Charities.. Slatenit of Recommended PrxiLx applio)ble to chartties PT4)aring rhcir a£¥ounts in accordan£¥ with th¢ FinaTL¢ll8] RepO.ftg StaThJard ttpplicable in th¢ UK and Republic of Ireld IFRS 1021 l¢tTective l Janw 2DIg1', Financial Rtportins strdr(l 102 Tr fiinancial RcpoTiirtB Si8ndaA1 arvlicgble in the UK ar R¢publi¢ of I1& and the charit Ad 2011. The financial sttttemcnts have be¢n pr¢waT¢d uththr the hi5toriul nvenuon. All irtcome is recopJ)ised in th¢ Siatemenl of Financial Aclivitic% onr¢ ¢h8rity h&$ elltitltmtnt te the fvThl$, it Is pjvhblc th& the ino)m¢wll k rectivcd and amount Cgn k ]n¢gsured reliably. Exp¢ndilure Liahilitics [eColsed as exFDditure a8 soon as thr¢ is a 1¢8Jl or constniciive obligation committing the tharily to that eXrnditu. il 15 prob&blE that 2 Ir8nsftr of cconomir E¢ntfJts wyll Ee Tequired in Fettlerllent and thc amount of ihe obligation can be rn¢a5uThi lIably. EXndIre is aUItted for on #n a¢WLbals bas'i5 atKi h&$ b¢¢n ¢l&ssifEd under ading5 that gregate all cost related w thc Gat¢gor)'. Wkre costs cannot Ec directly atribuid to pttrticlllar headings thcy bavt been lI0¢ated to activiti¢5 on a b&8is consi5teni with the use of Taxatto Ibe charity is txtmpt trom lax on itsthjritable activities. UnT¢Wi¢tsJ funds 2Th accordanc¢Mith the charitsblc objectiv¢s at th¢ discreiion of the tDJst¢e5. Rided fi1rS {lY ed for Wticular restrided purr within thc obfttts of the charity. ReslTicIio $Ji wh¢n s¢ified by donoror wh¢n fuTKls" we rtised fortthicular resthit¢d pu5¥ rurthereXpIan1()n of1hcttaE of*h fijthd is included in th¢not¢s lo the fitwKial statrments. OTHER'fRADINCJ ACTlVtTIES 2023 2022 Sundry incom¢ 23.961 41,788 INVFSTMFJINT INcME 2023 2fj22 D¢pKii a¢couni intrrest 1.877 Page 7 LX)ntinved..
ImpAtt Theatre CJO rDtrs lo Ihe Trlnnrial Sts¢¢methts- tontinued for the ytr ended JI IketmbÈr 21bll TRUSTF.F.S' RLMUNERATION AND BF.NF.FITS There were N truslee5' reTnuneraiiDn or other ixncfits for th¢ YCAT ended 31 DeLrmE¢r 2023 not for th¢ ) ellikd 31 Denr 2021 Trnitets, txptnses 'I'here weTC no tsu#ec5' exp¢n8es Foid for the year cndcd 31 D¢Tlr 2023 N)r for the yegr en(kd 31 DeL*mLxr2022. COMPARA'IIVES FOR THE STATEMENTOF FtNAliCIAL ACTIVITIES Unr¢stri¢ted nd Restricted fvnJ$ Totsi funds INC.OMF A Tr4D LNDOWMENTS FROM DoJ)ativns at legaciLs 30.700 30.700 OthertN11 activities 41.788 41,788 Totsl 41.788 30.700 72.488 EXPENDITURE ON Charitable artivie9 0tiOn of the4tt¢ gjjd arts ¢¢ntr¢ Donalion l(L924 10.924 4.050 4,0 Tot¥l 10,924 4.0 14.974 30,864 26.650 57,514 XbCONCILIATION OF Fiif41kS Tots] bri>$hI foThvard 133,408 .75 135.158 TOTAL FUNDSCARRIED FORWARD 164.272 28.400 IY2,672 DEwfoRS.. AMOIJNTS Tr AI,LIK Dub WITHIN YEAR 2023 2022 Otkr (kithts 35,603 35.567 Page 8 e(xKinu¢(L..
Impoct Theatrc Cl Noles to the binantiil Sthtemtnt8- ¢ontinutd for the y¢ar ¢ttdedJl Dttember2023 CRF.DI'IDRS: AMouf4TS FALLTr4G DE WITHIN Of4E YEAR 2023 2022 Othw¢reditOTS 1.140 MOVEMENf FUNDS Nct mov¢m¢nt In fidS At 31.12.23 Ai 1.1.23 Ilnreslricttd tunds G¢n#rg1 [d 164272 3&580 2Lf2,852 Restrittrd futjds CAF Lkputy Lieu(cnatKy (1,000) 17501 125,6501 250 750 25,650 SE SuPrt EVE Stcwart fvT 1.250 28,4 {27.1501 1,250 TOTAL FUNDS 192,672 11,430 2(M,102 Nct movemcnt in fuThts, in¢luded iTht aErf)v¢ a5 follow$: IncoMg Resour5 Movement filnds Unrestrict1 fu#ds Genera] fund 57.680 119.1(M)I 38,580 Restricted fund5 CAF Deputy l.ieut¢natKy 11,orA)I (1.8001 (25.6501 15001 (1,8501 15001 {i.w} 1750} 125,650} 250 1,050 SE Supwrt EVE S*w8rt fund Awards torall I'ESCO 750 1,850 4.150 {31,300} (27.150) TOTAI. FIIIYI)S 61,830 {50,40U} 11,430 Lx>ntinued..
Impaet Theat CIO otts lo th¢ Fin•llcil Sttemetht8- ¢Olltinu¢d for the ytF4r ended 31 December 21123 MOVEMLNT If FUNDS- contirtued Comparative& for movemettt in thnds Ntt movemenl in fimds At 31.12.22 At 1.1.22 Unreseritted fund General fimd 133,408 30.864 164,272 R#tricted funds CAf Deputy Licutcnancy i.oc 750 750 ,650 SE Supp>TI F.vr. stewort fijttd 25.650 ,000 1.750 26.650 2&400 'nYJ'AL bUNDS 135,158 57.514 192,672 ComrATative movem¢nl in inLlu(J¥J in Iheabove are follow5.. In(knmin8 Regources rxpended Mov¢meni in funds Unrtitritted fuDdy Generdl fund 41.788 {10.9241 30.864 litsiritted fiEnds SE SupFOrt EVE Stewart fulld ftsr 20.IX)O 1,0 3,7CK) (3501 .650 (3.7001 30,700 (4.0501 26,650 TOTAL FUNDS 72.488 114,9741 57.514 A crrentY 12 mOTth and prioryear 12 months Combined p)sirioD IS &8 tollows.. Net ovemcnt in funds At 31.12.23 Atl,1.22 UntriCted Getrra] furtd 133,408 69.444 21r2,852 Resirirted funds CAf D¢puty l.ielltenaiicy 11,(KKk} 1750) 1,250 750 EVE 8tew3rt fund 1,250 1.750 1500) 1.250 TOTAL FIINDS 135.158 204,102 Page 10
Impact Theatre CIO Note$ to tht Financial Stat¢m¢nL¥- coilinutd for th¢ y¢reThdtd 31 Derember 2023 MOVEMENT IN FUNDS- ¢ODtinu¢d A IrIent ye 11 month5 and wior y¢ar 12 montlL8 combined net mov¢rnent in fu ll[ded in thc &% follows.. ITKX)tllin8 RUr¢£$ Mov¢JTKni in funds Unrestrittsd fund$ Genertl fuThJ 9,468 (30.0241 69.444 ilesiricted funds CAF Depw Lieul¢nan {i.(KK)) 17501 t,050 26.000 .750 5,550 500 {1.8001 (26.0001 15001 {5,5501 15001 SE SupFon EVE Stew8rl fiJtKI AWd8 for ajl TESCO ,250 34.850 {35,3501 (5001 "JDTAL FiNIS 134.318 {6S,3741 68.944 We were aw8J(kd £1850 from Awwds for All to 5tabf a WindTU5h Event for our memlKys, fnilics, fricn(ts and the k)cal community- New thbles and chairs for tk tafé and SrÉ¢l1$t sup]x>rt chair8 wcre PUTchas¢d thsnks to sW)rt from Tcsw &kind 4k)natiott fmm otte of our tru51¢¢5, Ev¢ Swart Il"quipment wa5 bought to SUPFrf)rtth¢ Profession Project. REIA'J'bD PARTY DI1,05[1.t) T]KT¢ no relA*d party transactions fortlK ywcnthd 311)ecemLKr 2Q23. Pa8e 11