Charlty number: 1158735 PEOPLE EXPRESS 4t¢ Trustees report and financial statements Year end 31 March 2024
Contents Page Reference and admlnlstratlve detalls of the charlty. Its trustees and advl8•rs Trusteo8' report Independent oxamlnerf8 report Statsm•nt of Flnanclal Actlvftle8 10 Balanco Shoot 11 Not•8 to the flnanclal statement8 13-19
People Expr8 R•f•r•n¢• and admlnlstrallv• dotalls of the charlty,118 trustees and adv16•r• for the ar •nded 31 March 2024 Trustees Mr Chrlstopher Baldwtn - Chalr Mrs Helen Lltherland - Treasurer Mr8 Klm Coe - R88igned 201h Aprll 2023 Gray Rodge(s Matthew Edward Clay Mamuna Altaf Elodie Horsewell Cllr Vonnle Heath until 26th July 2023 Nell Johnson Cllr Angela Archer from 28th July 2023 Charlty rnglst•r•d numb•r 1158735 Prlnclpal offl¢• People Express The Old Pr688lng Shop sha88 Pottery Herltage and Art8 Centre W8St Street Swadllncote Derbyshire DE119DG Accountants PWH Accountsncy Llmlted The Counllng House Hlgh Street Lutterworth Lelcestershire LE174AY Bankers HSBC 18 High Street Burton on Trent Staffordshire DE14 1HU Page 1
Poople Exprnss Trust••'s report for tho year •nd•d 31 March 2024 The trustees pr&8ent their annual report together wilh the financlal stalements of People Express (the charlty) for the year ended 31 March 2024. The trustees confirm that the annual report and financlal statements of Ihe charity comply wlth the Qjfrent statutory requlrements, the requlrements of the tharltys governlng document and Accountlng and Reportlng by Charities.. Statemenl of ReGommend8d Pr8Ctlce appllcable to charities preparlng Ihelr accounts in accordance wlth lh8 Flnanclal Reporting Standard prepared as per FRS 102 as introduced July 2014 and am8nded 2016, and The Ch8rlties (Accounts and Reports) Regulations 2008. Structur•, gov•manco and managoment . Constitutlon The tharlty Is constituted under a declaratlon of trust dated 9th July 2014 updated on 5th December 2022. and 6th December 2023. It is reglstered as a Charltable Incorporated Organlsatlon (CIO) wlth the Charlty Commi88Son under the reglstered charlty number 1158735 b. Method of appolntm•nt of •lectlon of Tru8ts08 The Charitable Incorporaled Organlsation (CIO) shall have the followlng categorie$ of membershlp: i) Tru8ts08 - members of the public who support the alms of the CIO. They musl be a natural person over the age of 16. Infomial or a8soclate (non votlng) m•mb•r•hlp - Ihe charity trustees can Cfeato assoclate or other dasses of non-votlng membership, and may determlne the rights and obllgatlons of any such members (Sndudlng payment of membershlp fees), and the conditons for admlsslon to, and termination of membershlp of any such dass for member8. A Trustee ceases to hold office If he or she: retlres by notlfylng the CIO in writing (only If enough Trustees remaln In office when the notlce of resignation lakes effecl to form a quorum for meetlngs). Is absent without pormisslon from the charlty trustee8 from all m88tlngs held within a period of 6 months and the trustees resolve ihat his or her office be vacated. dies. a written oplnlon from a reglstered m•di¢al practstloner Ireatlng the person states that they are physlcally or mentally incapable of actlng as a trusloe and may remaln so for more than 3 months. is dlsqualified from acting as a ch8rlty trustee by virtue of sectlons 178-180 of the Charitles Act 2011 (or any stalutory re-enactment or modlflcallon of that provision). Iv) ¢. Pollclos adopt•d for tho Inductlon and tralnlng of Tru8t•08 The charlty trustees wlll make available to each new charlty trustee. on or before h18 or her first appointment copies of the current constltutlon, and the latest Trustees, Annual Report and statemeni of accounls. d. Organl8atlonal 8tructur• and dec181on maklng The board of trustses should comprlse of no less than 3 and no more than 12 members. If the number falls below this mlnlmum, the remaining trustee or truslees may act only to call a meetlng of the charity truste8s, or appolnt a new charity trustee. All trustees apart from the first trusiees must be appolnted for a term of 5 years by a resolutlon at a properly convened meetlng of the charity trustees. The appointed representstlve of the statutory and other organlsatlons which provide funding for the CIO may appoint up to 2 representatives ( no subslltutions allowed) who shall not be employees of these bodies. Employed officers of those bodles may attend as approprlate but shall not be enlitled to vote. Page 2
People Express rustees rnport (conllnu•d) for tho year •ndod 31 March 2024 •. Rlsk manag•m•nt The Trustees have assessed the major risks to which the charity Is exposed, in partlcular those related to the operations and finances of the charlty, and are satisfled that systems and procedur88 are in place to mitigate our exposure to the major risks. The organlsatoon has developed systems and practic88 to mltigate those rlsks identified in planning and through govemance. ObJectlv•s and Actlvltles . Pollcle8 and obJoctlvo8 The prlnciple objectives and aclivities of the tharlty are to offer artlstlc experienc8S to excluded and disadvantaged groups that enable people to be seen and heard. This is done by: Developing indivklual and communlty strengths by teachlng and education. CommunlGatlng the results of Ihelr work through community show8 and performances. Ploneerlng high quallty, creative challenges In workshops and Iralning courses. Encouraging people to be more soclally active. SeGurfng resources and partnerships wlth help from local counclls. Formed in 2015 People Expre8s Is the only professional communty arts organlsation in Soulh Derbyshire. It Is a Charitable Incorporated Organisation managed by a board of trustees. It prevlously existed as an Unlcorporated Assoclatlon (charity number 1005753) from 1990 to 2015. People Expr888 pri0rf1188 work with groups that fac6 barri8rs lo particlpatlng In the arts, providing advice, 8UPPOrt wlth fundraising and access to a wide range of artlsts, equipment and materials. Community groups and professional artists are brought together to develop projects that offer artlstlc experiences that enable people lo be seen and heard. Actlvltlos und•rtak•n for publlc bon•fft In r•latlon to obJ•ct8. A wide range of aGtlvltles took plac8 durlng the year. All actlvltles were undertaken to further the charlty's charitable purposes. The charlty truslees have ensured that all the actlvltles were for publSc benefit in accordance with the Charity Commission's guldance. Achl•v•monts and perfonnanc• . Rovlew of actlvltles Details of the transactlons, which dlsdose a surplus for the year of £4,023 and finanical posltion are fully set out In the Statement of Flnancial Activities and Income and Expenditure Account, and the Balance Sheet and Notes on pages g to 20. b. Invo8tment pollcy and performanco Monies have been Invested durlng the year, in accordance with the powers available to the trustees. The charlty assets are available and adequate to fulfil its obligatlons. People express has maintained a high level of artistlc output during the year engaging both hard to reach groups as well as the more general public in events, exhibitions and workshop programrnes. Page 3
P•opl• Expr••• Trusto88 weport {contlnu•d for the y•ar ended 31 March 2024 Operatlng Contoxt Councll E 18nd- ate, ate People Express, core purpose Is to address the geographic, social and economlc barrlers that prevent sectlons of communities from taking part in England's rich, varfed and 'llfe afflrmlng, cultural Ilfe. The cuEtural provislon we proVe Is co4eslgned, shaped and responds to both the barrier8 and asplratlons of the groups wa Mork with. Our projects creale new permanenl works of art In vlllage 8ettlngs ihat celebrate the contrltxjtlon of the worn9 class 10 tne In(Juslria ana cultural nentage, we engage oicer people In, noi only attendlng workshops, bul makln9 and exhiblting their o¥w artwork, we support neurodlverse adults and young p80ple In supported housing to take part In projects that they themselves have created. Young people use thelr tlme wlth us on their Universlty appl1cat1or. predornlnantly white 8chools wln awarils for their culturally diverse arts projects and report back to us that 'the whole school and 8veryon8 in it feels different,. All these experlences are exampl63 of deeper level engagemenl that can have a lastlng, and at times,1rf8 changlng Impact. The well-belng and reslllence of the communities we worked ¥th Is Intrlnslcally Ilnked to the core of our work . In respondlng, adapting and evolvlng to meet the challenges of the next decade we will be ensuring that we take our communltl8s w51h us on this journey, and that no communlty Is left behirKI. To contlnually challenge ourselves to improve quallty and Increase our ambition vrt support the groups we work wlth to become our honesl and forthrlght crltkal frlend8. Uslng ongoing debates around quality in 811 our projects, groups have bulll up thelr own quality 8tand8rds and hlgh expectations for particlpalory work . We also build relationshlps wlth specl8llst NPOS, artists arKI curators to support us to identlfy and benchmark 'qualltyl across a wide range of art forms. As a relativety small organisatSon we need to be Strategic in the way we support the flght agalnst climate change to achleve the most Impact. We are supportlng communltles to save, protect and enhanc8 green 8P8ce8 and alm to work alongslde young Climate actlvl8ts to make poslt5ve $u$tainable changes across our programmes and through peer support, help young people who are experlenclng eco•anxlety to be part of posltlve change. We champlon the core values of tho Art8 Councll's Let'8 Create agenda, the wid? diverslty of the people we work with is authenllcally and compasslonately refiect8d In our programme and In the artwork created. Dis t Councll People Express projects support the objectives set out in the Dlstrfct's Corporate Plan (2024 - 2028}. Shaplng Our Environmenl - People Express has plans to relntroduce biodiverslty, Includlng England's most at-rlsk Indlgenous trees (Black Poplars), through the creatlon of a aCre Nature Reserve In rural Hatton. Page 4
P•opl• Expres8 Tru•ts•• roport (contlnuod) for th• y•ar •nd•d 31 MarGh 2024 Drfve Our Economy- People Express creates 180+ artlsts, commissions every year, supportlng tho cultural economy and freelance practltloners. Our cr8ativ8 vKJrkshop8 and project leadershlp opportunltles Include developlng transferable skills that support employability and ac}8$ to further education. Support Our Communllles - People Express supports vulnerable communltles lo lake part In creatfve and social actlvltles, reduclng loneliness, and Increaslng social connectlons and confidence. Our work with young peo18 focusses on asplration, nurturlng talents and 8nsuring they can access a wide range of creatlv8 Opportunities. hcou People Express recelved an uplfft In our Arts Councll England NPO appllcatlon for 2023 -2026 to develop work across the border In East Slaffordshlre. Although the area Is geographScally close {10 mlnutes by car It Is classed as the 'We8t Midland8' and18 wlthln a dtfferent county. Our ¥wrk wlll focus on 'levelling up,, and engaglng low-lncome and ethnlcally dlverse communltles who are currently under-repre8ent¢d In the arts. We wllluse our examples of be81 practice and Insplratlonal work by South Derbyshlre group8 to reach hldden, vulnerable and •xcluded communltle8. Maln Jlrand• to our work 2023-2024 He8fth and Well in Projects that use the art8 to Improve the mental health and wellbelng of vulnerable adults In the communlty. These oroups Indude neurodiverse adults, older people affected bv memory1088 and dementla and young people Ilvlng In sheltered and supported housing. Our th In the arts ¥Mth neurodlverse adulls Is Dartlcularlv ImDOrtant because we found it to be common that along81de a diagnosls of thelr condltion partlclpants were tokl they could not be creatSve. The way we dellver our arts projects wlth these communities has been built up through rA)nsultatlon wlth partlclpantg and Ihelr leadershlp role on the project. Thls Includes ensurlng all workshops are informal (cafes style} and there Is always a CFF - a Constant Frlendly Face. a worker thal 18 present at all sesslon8 to support partlclpants. We contlnue to Co-produce arts workshops with adults with low confidence, supporting skills development so they increasingly lake on the running of the projecl. Our work with oldèr people18 dlclated and Infiuenced by the participants In the groups vtho over the years have become so empowered and confident as arts 8nd craft practitloners that they have set out a gulde to help artists Greate the best possible workshop for them. People Exwess has undertaken its own analysis of which art fomis best suit people livSng with dementia, Page 5
Poopl• Expro88 Tru8ts08 r•port (conllnued) for the ar end•d 31 March 2024 mmisslo People Express dellvers work at festivals and In a festfval style because It Is one of the most accesslble fom)ats. Whole famllles can see galleries of work, performances, take part In workshops and experlence dlgltal art8 in the mosl inforrnal way. breaklng down tho barriers thal may exist for Ihem to attend Iheatres, galleries and digilal arts events. One of the core alm8 of People Expre88' work Is to explore Ihe local communltys 'sens8 of place,. Thls enables groups to value where they Ilve, Ihelr own cultures and thelr own artlsllc a8plratlons. The day to (lay work of People Express In¢deS SUPPOrtlng as many artlsl's commissions as possible, of all shapes and slzes, details of which can b8 found on our websSte at Talent South Derbyshlr8 has hugé challenges In terms of supporting thelr young people to overcome being the most at rlsk In England of not achlevlng soclal mobility through education (Sutton Report 2015). Our work with young people Is as broad, dlverse and ambitious a8 they are themselves. We organlse trIp8 to leading galleries, museums and theatres to broaden thelr experiences. W• provide opportunltles for young people to galn an Arts Award. We alm to provlde our young people with opportunltles of working with tha countys leadlng artists, supporting them to develop thelr own creative ideas and pursue their creatlve ambltlons. As wlth all our work, diversity is key. South Derbyshlre Is a predomlnately Whit8 British area and our work alms to be held up as proactivdy encouraglng greater awareness, respect and understanding, embracing difference and dlversity. A lisl of projects from thls year can be found on the final pages of accounts and Include a syrK>ps18 of them. Further detalls on any of Ihe projects can be obialned ty contactlng People Express by telephone on 01283 223091. Page 6
People Exprn88 Tru8tee8 report (contlnued) for th? year gndod 31 March 2024 Flnanclal rnvlew Core Fundlng People Express have been successful In thelr bld to become part of the Arts Council England's Natlonal Portfollo Programme 8ecurtng fundlng untll March 2027 wllh an upllft of over £35,000 which more than compensatés for the loss of Derbyshire County Cour£ll fundlng for 2023 onwards. It Is dependent on us expanding some of our worf( Into East Staffordshire. South Dert)yshira Distrfct Councll conllnues lo provlde fundlng on a yeaty basls and we have Just 81gned a 3 year seNl¢e level agreement with them. b. Resér9 polley The trustees have establ19d the level of reseryes (that is Ihose funds that are freety avallable) that the charlty ought to have. Reserves ar8 needed to ensure that th8 day to day OP8ration of the charlty can be su8ts1ned and are malntslned at three months runnlng c08ts of £30,324. Stat•mont of Trust8. ro8pon8lbllltl•8 The Trustees are re8pon8lble for preparfng the annual report and the financial ststements In acCOrdarr wlth appllcable law and regulallons. Charfty law requlre8 the Tru8tee8 to prepare finala1 8tstements for each financlal year. UrKler that law the Truste88 have elected to prepare the flnanclal stst8menls In accordance wlth the United Klngdom Generally Accepted AccounllrvJ Practlce {Untted Klngdom Accountlng Slandards and applicable law). The financlal statements are required by law lo glve a true arKI falr vlew of the 8tate of affalrs of the charty arKI of Ihe surplus or deficlt of the charlty for that perfod. In preparlng these flnanclal 8tst8ments, the Trustee8 are requlred to: select sultable accounting pollcles arKI then appty them conslstently: make judgements and estimates that are reasonabte and prudent; pr8pare the flnanclal statements on the going concam basis unless It Is Inapproprfate lo presume that the charlty wlll contlnu8 In operatlon. The Trustees are responslbl8 for keeplng proper accounting COrdS thal disclose wlth reasonable accuracy at any tlme the flnanclal posltlon of the charlty and enable ttrM to ensure that the financlal staternents compty wlth the Charfiles Act 2011. They are also rpsponslble for safeguarding the assets of the charity and hence for tsklng reasonable steps for the preventlon of fraLNJ and other Irregularftl8S. The Trustees are responslble for the malntenance and Integrity of the corporate and flnanclal Informatlon Included on the charftys webslt8. Leglslatlon In Englandlwales govemlng the preparatlon and dlssemination of financial slatetnents and other inforrnatlon included In annual reports may differ from legislation in other jurisdiclions. Thls report was approved by the Trustees on . 1710. 81 . and s19rd on thelr behalf. by. n Litherfand - Treasurer Page 7
People Express Independent Examlner8 Report for the yoar ondod 31 March 2024 Independent Examlnerf8 Roport to tho Tru8te08 of People Exprn88 Wo r8POrt on the accounts of the charlty for the year ended 31 March 2024 which Statement of Financial Activities and Balanc8 Sheet, with the related notes. Thi8 report Is mad8 solely to the charity's Trustees, as a body, In accordance with the Act 2011. Our work has been undertaken so Ihat we might 8tste to th8 charity's Trustees matters we are requlred to stale to them in an independent examiner's report and for no purpose. To the fullesl extent P8rmltted by law, we do not accept or assume responslbility anyone other than the charlty and lh8 charity's Trustees as a body. for our work, for Ihls report, or the opinions we have formed. Re8pectlv• re8pon81bllltles of trusteos and examlnor As descrlbed in the slatement of Truslee's responsibilities the Trustees are responslble for the preparation of the accounts, and they consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and Ihat an independent examination Is needed. It 18 our responsibility to: examine the a¢unt6 (under secllon 145 of the 2011 Act); follow the procedures laid down in the General Dire¢tion8 given by the Charity Commission (under sectlon 14515Xb) of the 2011 Act); and to state whether partlcular matters have come to our attention. Ba818 of Independent examlnerfs statem•nt Our examination was carrled out In accordance with the General Directions given by the Charlty Commlssion. An examination includes a review of the accounling records kept by the charlty and a comparlson of the accounts presented with those records. It also Includes consideration of any unusual items or disdosures In the accounts, and seeking explanations from the Trustees concernlng any such matters. The procedures undertaken do not provide all the evidence that would be reqUId in an audil, and consequently no opinion is given as to whether the accounts present a 'tme and fair view and the report is limite(I to those matters set out In the stal8ment below. Page 8
Independent Examlner8 Report for the year onded 31 March 2024 continued Your attention is drawn to the fact that the charlty has prepared the accounts (flnandal statements) in accordance With Accounting and Reporting by Charities: Statement of Recommended Practice appllcable to charltie8 preparfng their accounts in accordance wlth the Flnancial Reporting Standard for Smaller Entltles published on 16 July 2014, In preference to the Accounling and Reportlng by Charities: Statement of Recommended Practlce158ued on 1 April 2005 which Is referred to In the extant regulations but has slnce been withdrawn. We understand that this has been done in order for the accounts to provide a true and falr vlew In accordance with the Generally Accepled Accounting Practice effective for reportlng periods beginning on or after January 2015. Indopondont examlnorfs statement In connection with our eXamIrtion, no matter has come lo our attention: (1) whlch gives us reasonable cause lo belleve Ihat In any material respect Ihe requlrements: to keep accounting records in accordance with Seclion 130 of the 2011 Act. and to prepare accounts which accord wlth the accounling records and comply with the accounting requirements of Ihe 2011 Act have not been met; or (2) to which, In our opinion, attention Should be drawn in order to enable a proper understanding of the accounts to b8 reached. Slgned: Dated: /r* z4 Rogor Platt FCA PWH Accountancy Ltd The Counting House, Hlgh Street, Lutterworth, Leicestershlre, LE17 4AY Page 9
People Express 8tat•m•nt of flnanclal Actlvltles for tho year endod 31 March 2024 Restrlctod Unrostrlcted Funds Funds 2024 2024 Total Funds 2024 Tolal Funds 2023 Not• Incomlng re8ourcos Incoming resources from generated funds: Voluntsry income Investment income Incomlng resources from Gharltable activities T¢)tal Incomlng r•sourco8 128,188 815 128,188 815 65,380 105,280 300 35,180 65,380 65,380 129,003 194,383 140,760 R•8ourc08 oxpend•d Charitable activltles Governance costs 33,929 153.391 3,040 187,320 3,040 173,900 1,729 175,629 Total re8ourc08 0xpendod 33,929 156,431 190,360 Net Incomlng resources befor• transforn. 31,451 (27,428) 4,023 (34,869) Transfer between funds for overheads (17,482) 17.462 Nat movom•nt In fund8 for yoar 13,989 (9,966) 4,023 (34,869) Total funds at 1 April 2023 19,844 42,203 62,047 96,916 Totsl fund8 at 31 March 2024 33,833 32,237 66,070 62,047 All activities relate to conlinuing operatlon8. The notes on pages 13 to 20 form part of these financial statements. Page 10
Poople Expmss Balance She•t a8 at 31 March 2024 2024 2023 Flx•d a88•ts Tangible fixed assets 12 2,154 Curront a88•ts Debtors Cash al bank and In hand 13. 2,850 68,548 68,548 63,391 Cr•dltor8: amounts falling due within 14. one year 4,391 3,498 N•t current a8sots 64,157 59,893 Total a880ts1088 curr•nt Ilabllltlos 66,070 62,047 Charlty funds Restricted funds Unrestricted funds 16. 33,833 32,237 19,844 42,203 T¢)tal fund8 66,070 62,047 These financial statements were approved by the Trustees on and slgned on thelr behalf. by: Helen Litherland - Treasurer Page 11
Poopl• Expr6 Note8 to th• flnanclal 8tatsmonts for tho Or •ndad 31 March 2024 Accountlng pollcle8 1.1 Ba61$ of preparatlon of flnanclal 8tat•mont8. Tha financlal statements have been prepared under Ihe hlstorical cost conventlon, wrflh the excepiion of Investme Ich arè included at market value. and in accordance wllh the Charities (Accounts and Reports) Regulations 20( The financl81 statements hav8 been prepared In accordance th the Flnancial R8POrting Standard applicable in I UK and Republlc of Ireland (FRS 102) Issued on 16 July 2014, the Chariti8s Act 2011 and UKL Generaly Accep Practic8 as 5t applles from 1 January 2015. The charity has applled Upd8le Bull8tin 1 as publlshed 2 February 2016 and does not include a cash flow ststemf on the grounds that il is applylng FRS 102 S8Ction 1A. Tho charlty adopted FRS 102 In the financlal year. No slgnlficant accountsng adjustments have been n8ces8ary ai result. 1.2 Fund axountlng General funds are unrestricted funds whlch are avall8ble for th8 use at the discrellon of the Tru8tees in futh&ranc of the general objectivos of the charity and which have not been designated for other purposes. Restrl¢ted funds are funds tt[Ch are lo ba used In accordance spoclflc re6trlc¢lons Imposed by donors Ythlch have bean r81sed by the charlty for partlcular purposes. The cost of ralsing and admini81r8tlng such funds are ch8rg8d agalnst the specffic fund. The alm and use of each reslricted fund Is set oul in the noi8S to the financlal statement. Investnwnl Income, gains and losses are alocat8d to the approprlate fund. 1.3 Incomlng r••ourc•8 Al Incoming r680urce8 are Included In th8 Slatement of Financial Actlvltles when the charity 18 legally entlued to tl Income and the amount can be quantSfiecl with reasonable accuracy. Glfts In klnd donated for disirlbutlon are Includad at valuatlon and recognised as Income when th8y are distributec the projects. Glfts donated for resale are Included as income when Ihey are Sold. Donated facllilies are Included at the value to the charlty, there thls can be quantified and a third paty is bearing Ihe cost. No amounts are 5ncluded Sn the financi81 statements for 88Nices donated by volunteers. Donated servlces or facilities, whlch comproml8e don8ted servlces, are included in Income at a valuation byhi¢h is en estlmate of the financial cost borne by the donor where such a cost is quantifiable and mea8urable. No Income Is recognlsed where there Is no financial co81 bome by a third party. Incom8 tsx recoverable in r8latlon to don81ions received under Glft Ald or deeds of covenant Is recognised at the time of donation. Income tsx recoverable In relation to inv8siment Income 18 recognised at the tim8 the investment Income is receivabl8. Page 12
Pp1• Expr086 Notes to the tlnanclal stat•m•nts for lh• y•ar •nd•d 31 March 2024 ountlng pollclos 1.4 Resources expended All exp8ndltures are accounted for on an accruals basls and hav8 been included under exp8nse categories that aggregate all costs for allocalion to acllvities. Where costs cannot be dlreGtIy attributed to particular activlties they have been allocated on a ba81s consistent wlth the u88 of r8sourc88. Fundralslng costs are those InCued In 8eeking voluntary contrlbullons and do not Include the costs of dis8emlnatlng Infomiation in support of the charitable aclbvltles. Support costs are those costs Incurred directly In support of expenditure on the objects of the charlty and Induda project management carrled OLrt 8t H8adquarter8. Gov8mance costs are th088 Incurred in connectlon admlnlstration of Ihe charfty and compliance wlth con8titutlonal and statutory requlrements. 1.5 Tanglblo flxed as80ts and d•prnclatlon All a88ets costing more than £500 are capltallsed. Tanglble fixed a88ets are Ststed at cost le88 depreclallon. Depreclallon Is provld8d eventy on the cost of langlble flxed assets. Io WTlle them down to thelr estlmatsd resldual value8 over thelr expected useful Ilve8. The pr1rlp18 annual rates used for flxture, fittings and computer equlpment based upon expected useful lives of 3 year8. The pollcy is to not charge depredatlon in the year of acqulslllon. 1.6 Taxatlon As 8 regist8r8d charlty, the charlty Is exempt from Incom8 and Corporallon tax to the extent that It8 Income and galn8 are applicable to the charltable purposes only. Voluntary Income Reslrfcted Unr•8lrlctod Total Funds Funds Funds 2024 2024 2024 Totsi Fund8 2023 Arts Councll England - East Midlands South Derbyshire Dlstrlct Councll Derbyshlre County Council East Slaffordshire Borough CounGII Donations Bulldlng Revenue {Eamed Income) Gift Aid claimed from HMRC 90,312 33,539 90.312 33,539 55,312 32,882 16,323 4,000 319 319 263 500 18 128 188 18 128,188 105,280 Page 13
P••pl• Exprn•• Nol• to th• flnin¢l•l stat•m•nts lor Iho •r •nd•d 31 M•rch 2024 3. Inv••tnwnt Incom• R••lrlct•d Unr••trf¢l•d Fund8 Fund• 2024 2024 Total Funds 2024 Total Funds 2023 Intsre81 815 815 4. Incomlno rnourt•8 Irom ¢harllabh acllvltl•8 R••trlcl•d Unro•trlct•d Funds Fund• 2024 2024 Total Fund• 2024 Total FuNI8 2023 Haalth & Well Belng- Chry88nthemum Crèatès Health & Well Beln9- SAS Welcome back Café Ha8lth & Wdl Belng- C811¥8 Mlnds Health & Well 8dryJ- Welcome Cefé 2023 Hash & Well B8kwJ- Home18 where Ihe Art Heawh & W61 Bety- ES Flbro Frlends Cr8aUve Volc68 Artl8ts Comlopen event8 - LnSCapIng ProlKI Hallon Artl$t$ Comlopen ovénts - therséal Gala ArtIBts Comlopon events - Eureko Park ProJo¢1 Comml8slDn Arllsts Comlopen event¥ - Fe9tlval of Le16w6 2022 Artists Comlopon evonts - Festlval of Lei8ure 2023 YouThJ People Dev Talent- Passport to Mustc Young People Dov Talent- P2M2 (pagsport lo muslc 2) Young People Dw Tal•nl- School Knlfe Crlm Prol8Ct Foundatlon Derby8hh- Walbrook Fund (Repalr of Llft) 5.500 12,000 1.470 8,960 10.61YJ 5,100 2,000 10,000 8.980 10,600 5.100 2.000 10,000 6.000 6.000 1.000 500 2,780 28.720 28,720 350 600 5. Exp•ndltur• by ch•rltsbl• 8¢tlvlty 8ummary by fund typ• R••trlct•d Unv••trl¢t•d Fund¥ Fund• 2024 2024 Tot•1 Funds 2024 Tolal FurKI$ 2023 Art8 Pml•cll 33,929 153,391 187.320 173,900 173900 153 391 Summary by •xp•ndftur• typ• D•pK•¢l•tlon CXh•r co•t• 2024 2024 Tol•l 2024 Total 2023 Arts Prolecls 874 173900 Gov•m•n¢• ¢o•l• R•itrlct•d Unr••trfct•d Funds Fund• 2024 2024 Total Funds 2024 Total Funds 2023 Board Govwnan INlependent exanknerl romuneratlon 2230 810 3040 2230 810 3040 961 768 Pago 14
P•oplo Expr••s Noi•B to flnanclal 8tat•monts for tha year onded 31 March 2024 7. Dlf•Ct eo•t8 84811 of Allo¢•tlon R••trl¢t•d Unr••trlct•d Fund• Fund• 2024 2024 Total Funds 2024 Totsl Funds 2023 Art• PrnJ•cts He8lh & Well belng- Craft and Chat Heah & Well belng . Crafty Chatter8 2022 Heatlh & Well beln9- Lffe Is for Ilvlng Tour Heaoh & Well Belng . crea¥8 Mlnd$ Heatth & Well Belng - SAS Welcome Back Calé Hoatth & Well Belng- Chrysanthenwm Croalo8 Heauh & Wdl B8lng- Welwrn8 Café 2023 Heauh & Wo11 Belng- Horn?15 wthere the Art18 Heatlh & Well Belng- ES Flbro Frws (xeatos sts Comlopen Events- Hatton Peace & Hop8 Garden Arusts Comlopen events- Lan8dsc4plng Project Hatton ArU8ts Corr0p¢ Evonts- (8881 Ggla ArU$ts Convopen Evonts- Eureka Park Comml88lon sts CorTVOpen Events - Fe8tl¥al of Le18ure Young People Dev Talent- Th8 Mklw8y Expre81 Young Pw)ple Oev Talenl- Passport to Mu8lG yn9 Peoplo Dev Talent- P888POrt to Mu810 2 yn9 People Devoloplw Talont- School Knffe Crfme projoct ynI Peoplo D8vdoplNJ Talént- CPD for T8Ach8r8 TMC East Stsffordhlre Dovelopmonl Work Pllol Prol8c18 Sood FundlrvJ Bank Charges Walbrook fund lft repalr Equlpmenl repalrs Markellng and Webslt• Publlclty and Markel Po#tsga Ptr901Pub1tyIMark0ftIn8b8ltts1srth1 Medl& Staff salarla8 Stalonwy and Pl Sub8crlptlorr8 Tralnlng aThJ Support Tr81n1 ReSr¢FLIR0¢luIlrn8nvsbW Travel Votyjntaw e¥pense8 Dlrect Dlrect Dlrect Dlrect Dlrect Dlréct Dlrect Dlréet Dlract Dlrect Dlrect Dlroct Dlrect Dlract Dlract Dlreot Dlrect Dlrect Dlrect DITect Dlfect Dlrect Dlr•ct Dlrect Dlr¢¢l Dlrect Dlr¢ct Dlrect Dlrect Dlre¢t Dlr•ct Dlrect Dlrect Dlrect Dlr•ct 24 2,126 6,004 4.642 2,254 1.488 3.459 1,455 862 4,817 10.000 4.842 2,254 1.468 3.459 1.455 682 4.617 10,000 8,917 5,723 3,881 5.857 1.703 1.000 5.218 10.940 14 500 14 500 4.508 350 4.508 350 354 5,032 3.982 127 5.032 3.962 127 763 117 164 2.548 112,424 1.$40 112.424 1.567 436 3,225 2.007 1.2S8 508 129852 2.007 1,258 508 163581 1.198 7 Dlr•cl Co•ts •nd Support Co•t• IGonlWI Bas1• ol Allocallon R••trlct•d UnM•trl¢t•d Fund• Fund• 2024 2024 Tolal Fund• Totsl Furrfl8 2023 b. 8ufvyort Co•1• Inguranca Heat. ht and M8lntenarKa eulldlng M Pr•nlses Heal. Llght and Energy Malnlenan¢e Rent- Sharpe'8 property Bumdlng M prAn1888 Teleptr Dweclalk)n Usage Usage 1.879 1.879 4,403 1,799 3.459 13,560 2,171 874 1,796 3,459 13,560 2,171 874 Usaga Usage Usago 13,560 1,949 470 Grand Total 33.929 153,391 187,320 173,900 Pago 1S
P•opl• Expr• Not•• to th• flnanclal ¥tatom•nts for th• y•ar •nd•d 31 March 2024 Analy•l• of rnurC•S •xp•nd•d by •xp•ndltur• typ• D•pr•clatlon Oth•r co•1• 2024 2024 Tol•l 2D24 Total 2023 Arls Projects 874 186.448 187.320 173.9)0 Subtothl charltablo 8¢tMtkns 874 186.446 187.320 173.900 Govern8n¢o 3,040 1,729 874 189 486 17S 629 9. An•ly•l• of r•wur¢M •xpond•d by actlvltl•• Actlvlth* und•rtakon dlr•ctty 2024 8upport Co81• 2024 Tolal 2024 Total 2023 Arts Projects 183,$81 23.739 187.320 173.900 10. N•t InGomlng r••ou181 {r••our¢•• •xp•nd•d) TNs1s •taW after ¢haffJlng'. 2024 2023 Depreclallon ol tangIb Ixed assets: lThJependent examlners wmunerollon 874 810 470 788 Durlw Ihe year. no TrusteeB recelved any benofflts In klnd12023- £NIL) DurlTrJ the yoar, Tru8to0$ re¢elved reImIr5eMonts ofw•n$e• {2023- £NIL) 11. staff co•ts •nd r•l•t•d yrty tr•n•xtlon• Staff were a8 follow 2023 W8$ and 8alarle8 Includlng paymonis to HMRC for PAYE 112424 The avwage monlhty numbgr ofemployegs durlng the year as follows.. 2024 2023 (Full salary equlvalenl Is and 4151h$ employeeg durlng 2023 and 2024) No omployoe recelved remunwatlon amounllng to moro than £80.000 In Iho year. There are no relaied party tr8n$8dlons thAt r•quk• dlsdosu Poge 18
Poopb Exprnv4 Note• to th• Ilnin¢l•l •tat•ment$ for th• •r •nd•d 31 M•rch 2024 12. Tanqlbl• flx•d a•i•t• OwedatiLm 15 provlded eventy on th• c06t of tarvJlble fixed aBsetB to wlte them do to thr e811mated resldual values over thelr eypected usefvl Ilve8. Th8 prlndpal annu81 rat88 uséd lor flxturo8, Iltllngs and computer •)ulpment 1$ based upon expectwj useful lfves of 3 years. Thg PollGy18 not to ch8Tge In Ihe year of aGqulsllion. Flxtur•s & C¢)fflpu¢•rn Flttlng• Total CMt at l Aprfl 2023 Dl8posal& durlrvj Ihe year Addlllons durlng the y••r Al 31 Mar¢h 2024 2.381 7.705 10.086 632 10.718 2,381 8,337 D•pr•clatlon at 1 ApTII 2023 Charge for the year At 31 Mah 2024 12,274) {S,658) 652 (8,310> 17.932 874 18,806) 12,496) N•1 book valu• At 31 M8r¢h 2024 At 31 Marth 2023 666 13. D•btor• 2024 2023 Trade debtorn 14. Crndllor•: Amount• l•lllng du• wlthln on• y••r 2024 2023 Tradé Cfedltor8 Soclal 8evxlty 8nd other t8XeS Olher Crodllor8 and A¢¢nJab 1.920 1.899 572 710 2.020 768 15. L•••• Commllm•nt• The Charfty had I80 comnltments uThJ8r rnancell•ll0 opar811ng le8888 for tts prèrnl&ès as follo.. Du8 wlthln on• yéar Due thIn 2.5 yea Due after more thBn S 2024 2023 13.580 54,240 101700 169500 13.560 64,240 115260 183060 Page 17
Peop Expr•• Not•s to th• flnan¢lal •lalem•nts for th• ar •nd&d 31 March 2024 10. 3tat•m•nt of fund• Brought FoM•rd In¢omln9 R••our¢•• resourc08 Exp•nd•d G•ln•l (Lo••••) Tr•n•f•r arrf•d Forni•rd Unrutrl¢t•d fund• General fvnd$ R••lrl¢l•d fund• H & W B - Cfvy8antheThm Creat88 H & W 8 -SAS Welcome Back Café H a w B - Cfeallve Mlnd8 H a w B - Wdcome café 2023 a w B - Home 1$ vther8 the art Is H & W B - Ea8t 8t8ffs Flbro fr18nds cr88tlv• volcag A CIO E - Hatton Hop8 and Pea¢0 G8rdan A CIO E - Hatton Landscaplng Project ACIO E - Eureka Park Prolecl Cornml8slon A CIO E - Festlval of Lelsuie 2023 Y P Dev Talont- P2M2 IPa88Wrt lo Mu?Ic 21 Y P Dev Tahnt- School Knlfe Crlmo Project 158431 1,777 2,257 1,470 1,468 2,254 4,642 3,4S9 1,455 (1.4681 { 2.2541 4.318 7.141 3.64S 1.338 (4,617> 309 8.960 10.600 5.100 2,000 1.IXIO 4,788 5,141 2,645 1.338 13,193 4,617 10,IKIO 14 500 4,608 350 8.576 10,000 297 (14> 1500> 24.212 28,720 19.612 Chrn(hOnM Creales 8ulldlrg on lh• SUCCOBS of Ihalr projecl fre8bv• Chry88nthemum' adul18 had 11tt18 or no confidence In the arts. sel up Ihelr Indu8lve programme ol fortnlphtty 108. Art 8¢1Svlll•$ Vlllh n•urodfv•rs• and disobled adults In 88fa. 8UPWrt•J, fortnlghly V•t)rk$hop8. A s•rles of fortnlghdy (¥8ollve 8e8slon8 for people Ilvlng wlth domentla and Ihelr Carer8. Our VKirk wlth Spdlln(th A8pergers Soclety (SASI contlnues to go from 8trength to 8trènglh. Thè Group h8v8 been vKrkSng on 8 ¢Jlglt81 project wllh 8rt1 A8hok Mlsty pholographlng thetr favourllo oblo¢l8 and gottlng prlnl8 dona on labrlc to MA Inter8Ctlvè welghted Blanket8. An exhibSfjon ol thvlr entlugd 'SNUG'18 due to 18ke place at th8 Brevthouse Arts Centre In Burton on Trenl In Aprll 2024. Weekly creetlvo 8888lon8tor adults by N8wh8ti Cre91 CoLle¢tlw INCC)-tomi8rly Chrygonth•mum Cre8te8-•lmodlo bulld ¥kllb ond confld•nc8. W• havè 81#0 bèèn $peaklngto & variety ol dlffeffjnt Jrtlst$ and crgailvg prgQtltloner8. b888d on Inlor08t8 of Ihe group, e,g, Ilno prlnilni, rfraffitl art. i•roe sG•le 8culpiure. roku pott¢ry. and mori. SLq Welcome Back Café Craallve Mlnd$ W•lcome Café 2023 Homo b bthere Art18 Easl stsffs Flbro FrleThls Creallve Volce8 r nv4Y plbt prole¢t vAth Flbro Frlonds MbIneS prlnl maklNJ vAlh poety Morklno IndlvKlual8 In Burton and across Easl stsilordshlre IlvlNJ kndth Flbromyalgla. Th& Group are explorfw Idenuty arwJ1Sved experlence through art and ¢reatlve PTacllce. The creatlon of a new green 8p8ce for a rurgl vlllage. The garden act a8 a pla¢a for refflethofi and relaxatlon. supportlng th8 well beln9 of local re6hJents. The prol6cl18 $ubh¢t to plannlng p8mil88lon 8nd further lundlng. Jublee Peace aThl Hope Garden, Hatton
P•oplo Expr• Plot•• to lh• flnanclal 81a¢•ments for tho r•n&d 31 Mah 2024 Hath)n LaThlscAplng Pro Preparlng the ground for the Jublee Paa¢e and HO Gardon by ueollng an a¢¢e88slbl8 path through ftAndlNJ from Trrv. C¢JMmbsslontyJ by s1h Derbyshlre D15tr1ct Councll, supwrtlNJ an arllst )mffl lon lo 8 6 m8tre dlametsr ff$&1G. dIgned and ueated wth thlldm from Bn Prfmary Schwl. to ¢y)nwnwnor8le the mlnlng herltage of th8 areo. Eureka Park Comm&slon FesttV81 ol Lelsure 2023 Grant recelv8d In advgnc8 from South Derby3hlre Dlstrkt Coun¢ll I0rdS provknn ol famSty Mendly art actlvWeJ baswj around Japanw Iheme at tssllval of Lelsurn In Jun8 2023. Fundlrvj 6UCC88slulEy obtalnod for a year long proJe¢l to c4ntlnu8 to gat young chlldren Sncrea8ed ac5 lo ni1¢ opporturthtles10 lake part 8nd twefully develop a Iwo, carew and long Interest In maklng th8lr own muslc. With Insptrlrg Drksho In Jazz, Folk. Hlp Hop, Classlc81 lrnllan and DlgSts1 Producth)n mpOsIng aThJ recordlng thelr wrrk. ant rec4Sved from South Derbswhke D1$trI CaurKII to da6lgn a posler promon9 the d8TrJ8rs of KnW8 clm6J and thelr rJon•equencee th o lorAI •endary school. Passport lo Mu81¢ 2 {Y2M2) Sthol Kn5fe Crkne ProlerA All lund• •r• rnpr•Mnt•d by ¢uff•nt a•Mts. 17. St•t•m•nl of fund8 R••trtct•d Unr••lrf¢t•d Fund• Fund• 2024 2024 Total Funds 2023 Fund• 2024 Tarylble fixgd 088ets Cwrenl 8880t8 Current Ilabmllles 1,913 33.988 13.8e4) 1,913 68,549 14.392) 2,154 63,391 (3,498) 34,561 1728} 32 P4ge 19