CHARITY COMMISSION
Prism Arts CIO
RèglstratFon number: 1159797
Annual Report and Financlal
Statements
31 March 2025
dOdd&co

Pri$m Arts CIO
Contsnts
Referenc• and Administrative Detall$
Trust¢es' report
TnJslees' r8sponsibil￿88
15
Inde￿ndent exarninerfs report
statement of financial aclvttles
16
17
Bal8rKe sheet
18
Notes to Ihg financial Statements
19

Prism Arts CIO
Referenc8 and Administratlve Details
Charlty nam•
ism Arts CIO
Charlty r•gl$tration numb•r
1159797
Prlncipl offi
Central Methodlst H811
5 Math•t Stregt
CARLISLE
CA3 8QJ
Règlgtered offl¢•
Ceniral Mèthodist Hall
5 Market Street
CARLISLE
CA3 8QJ
Trust••¥
V W81d&n, ctrchair
S Srrlth
J Gilbert
T Hayes
S McGrath. c(rfhdr
(Rgslwed 25 July 20241
C J Plt¢heT
J F$llow&Smilh
{Appolntad 28 November 20241
(Appointed 25 July 20241
V Shillabeer
Sollcltor
Burnett8
6 Victoria Pla
CARLISLE
CA1 1ES
Accountant
Dodd & Co Limlted
FI￿EEN Ros8hill
Montgomery Way
Rosehill Estst&
CARLISLE
CA12RW
Bankers
CAF Bank Ltd
25 Klngs Avenue
Kings Hlll
WEST MALLING
ME19 4JQ
Cumberfand Buildin9 Soci?ty
Cumberland House
Cooper Way
Parkhouse
CARLISLE
CA3 OJF
Pap1

Prlsrn Arts CIO
Trustees, Report for thoYo•r Ended 31 March 2025
1. STrUCTURE. GOVERNANCE AND MANAGEMENT
1.1 Gov•rning Documont
Prism Arts is a Charit8bie Incorpornted Organisation ICIOI. The charitywas 8stBblish8d by a trust
deed dated 10th January 1992 and is governed by its constitution dated 26th March 1992 and
oddendum dated June 1996. The charitywas rB-register8d a8 a CIO with the Ch8rityCommi89ion
underthe charitynumber 1159797 on 6Janu8ry2015.
1.2 RocnJitm¢ntllndu¢tlon andTralnlng ol Truste88
The charity is $upportgd by a board ottrustees wth expertise. knowledge. and experience. Pri$m
Arts has an open recruitment process for prospective trustees involving a personal statement,
mèeting the Chair and Director. and attending a Board m88ting as an obs8Ner. To address dNersity.
clear plan had been developed in 2024. New trustees receive an induction pack and are invited to
events. workshops. and training opportunities. Easy R8Bd trBining is underway, and all documents
will bè 8v8ilabte in this fomiat by 2025.
1.3 Oryanl¥atlonalStructura 2024125
The Board hold quarterty meetings14 in totsll. The Trustees, responsibilities included ovgr8eeing
strategic direction, fin8nce, risk manag8m8nt. performancè measurement. funding requirements.
safeguardin& and policies. Th8 Dir8Ctor reported to ihe Trustees at board meetings and $eNod a$ a
non-voting member of thg Board. Th8 Director outlinod the operational strategyforthe year in
response to key areas of risk, such as the cost-of-living crisis and business priorities and wa8
responsible ftjr the day-to-day management of the charity. The Finance and Operations Director
attended board meetiiigs to present quarterlyaccounts and finance reports. The Co-creative
Progr8mme Directors. now a180 8tt0nd alternatè board meetings to report on creative programme
strategy and developmerrt.
The Trustees maintBin8d ov8rsight of HR, health and safety. inclusion. performance. environmental
sustainobility. safeguarding, and relationships with key funders and stakeholders. The Director was
responsible for developingthe Prism Arts Business Plan for 2024-25, including collaboratingwth
the board to agrèe on SMART targets, Key Performance Indicators. and finance taQets for 2024125.
In the final quarter of 202415 th8 Interim Director led an inclusive consultation proce8S With all our
Internal st8keho(der8 which also considered the prioriti&s of key èXtern81 st8kehotderg in order to
re-evaluate our strategic framework and 3 Year Bu$ine$s Plan 2025-2028. This work is nearing it's
conclusion. All members of the Senior Managem8ntTeam hBVe attended board meetings.
deliv8ring reports and presenting progress.
1.4 Rl$k Management
The organisation reported risks quarterly u5illg a Risk Register and the Directorfs Report. The
Finance and Operations Director managed this process. The Risk Register covers strate￿¢ areas of
risk and assesses risk rating. including Govern8nce, Op8ration8, Finance. and Externèl and
Environmental risk. Prism Arts was rated as a low-iisk organization bythe Arts Council of EngLand.
All rel￿ant policies and procedures were updated and approved to ensure compliance and
sategu8rding responsibilities were met. The Finance and Operations Director manages the
quarterly m88tingand policy approval cycl8 to oversee this process.
Page 2

Prlsm Art$ CIO
Trustee¥, Reportfor theyoor Ended 31 March 2025
Key Area8 of Rl8k 2024125:
External Financial Ri8k- The ongoing cost of INingcri8is has continued to impact our fundraising
efforts. We havo iecruited a new Fundraising Managei, who commenced at Prism Art8 in April 2024.
Cost of Living Crisis and Post-Pandemic Recovery: Prism Arts ha5 expand8d facg-to-face delivery
and maintained contact with individuals. families, 8nd carers. Home visits woro introduced for
people unable to attend s&ssions due to mentsl health i88u8s. The ch8rtyalso commissioned
3pecific projects to engag8 and support new people, led bythe Participant Support Load and
funded bythg National Lotterycommunity Fund.
Capacityand Resourc8s. Recruitment, and Retention.. A reviewwll be completed in 2024125 to
explore succession planning and staff progression. New poy scales and staff banefits hav8 been
developed to Support staff progr8$8ion and retention.
1.5 R•lal•d Parti•s
Key Partn•r•
Tullio Hous• Mus￿m and Arts Gallory: a museum and 8rt gallery. and fellow Ngtion81
Portfolio OrEoni8ation in Carlisle. Future Home and key cultural partner in Carlisle.
Cariisla Cath8drAI: Major heritsge and religious centre Carlisle. Rest Under tho Stai8
partner.
Craativa Paoplo and Pla¢ey: West Coast. An arts council-funded programme developing
community er)gagem8nt and infrastructure in tho art8 in Copeland and Allerdale.
Accass All Ar&•$: Transforming L¢ad81ship partnership. including Thoalro by th• Lakn
Kaswl¢k.
J•nnifar Laur6n Gallery: Specialist Gauery passionately champion$ $elf-t8ught, disabled, and
overlooked artists from around tho world. Supported the team throughout th& development of
the Gallery and online Shop.
The Knott•d Proio¢t: Based in Cumbrig. T￿ Knott•d ProJo¢t makgs theatrical events &
experi8nc8S. With &foryoung people.
Everyono Horn: Creative People and Places p8rtnarship based in West Cumberland-west
Cumbfrrland Feasibillty partnar
Ros8hlll Thoairo: Theatre based in Whitehavon and a West Cumberland Feasiblllty Partner.
D8w8on Kavon•yAssaclates IS on expert HR consultancy based in Carlisle. In 2022 Dawson
Kaveneywas commissioned to undertake a review of staffingfoliowing our restructure in 2020.
This work was overseen by Trustees.
Thoma¥ Jardlne A##ociat8s is a business growth con$uitancy in the North of England thal
supports busine88es to achieve their go81s. The firm will prowde mentoring for our Chief
Executive to ensure we stay in Ilne wtth our vision. mission and values over the business
planning period.
Pa8e J

Prl$mArt8 CIO
Trustee3' Reportfor th•Y•ar Endod 31 March 2025
We ensure ourwork aligns with CumberLand Council's key local strategles. and proactively engage
with developments retsting to culture. health and wellbeing, Carlisle ctty centre regeneration ond
west Cumberland. The council, via the UKGov8rnment Shored Prosperity fund ha8 SUPPOrtod
Prism Arts with grants of É40.612 en8bling us to deliver critical actfvity Includlng ouryearbook and
Artlst Takeover. Prism Arts was appointed to the Curnberland Council day opportuntties framework
as service providBr in iats 2024.
We worked v¥ith 8ducational partners including schools. coUoge8 and univef8r¢ie8 as well 89 th088
that specialise in 8UPPQrting children wkh sp8C181 educational needs. to engage new participants
for our regular progrdmmes and to shapo the design of future activfti8s in lina with the needs of
young people.
The Unlverslty of Cumbrfa is a univernlty based in C8rll$le, with campuses acr088 Cumbria
and in London. formed through the mgrger of several university campusas and art coli&ges.
Working collaboratively to develop 8 new p8rtner8hlp 8greem8nt {Memorandum of
Und8rst8nding)
Cartl$io Collego
JamoJ Ronnie SEND School Icariisle}
Lakes College West Gumbria
Curnberland Culture: Arts and Cultural organisations working in Cumberland (Newl Emerw"ng).
Prism Arts attonded workshop$ and supportod the progression of Ihe strategic programme.
Cumbrla Art and Cullur• Notwor￿. A county-wide networf( supporting artists and creative
organisations.
Explorers Network (n•w) Is a natlonal ne￿ork of supported studio sp8¢9 and neurodiv8ryent
artists
Curnbrla Local Ent•rprfs• Partnarnhlp {LEP) sector speciAlist panal. We will workwith the
LEP to ensure Prism Arts. work Supports the local cuitur818tf8tegy and influences local
prioritl8S.
Page 4

Prlsm Art$ CIO
Tru8loe$' Reportforthe Year Ended 31 Ma￿h 2Q25
2. FINANCIAL REVIEW
2.1 Investment Pollcy
Prism Arts invests funds (ro￿riCted and unrestricted) to meet charitable oblectlves. The
Trustee8 h8ve thè powerto invest in 8uch assets as they see fit. in line with the charitable
objectives and a responsibility to due care and diligence.
2.2 R8$oryeg Policy Rvlow•d and approv•d November 2023
Prism Arts reserves consist of part of its unrestricted funds that are available to spend on ary ol
the charity purposes. These funds are held to help the ch8rityoperatè effectively. Pfi$m Arts will
hold resorve8 equal to 3 to 6 months of its expactod y8arly expenditure, as indicated in the
budget and quarterly financial reports. These res&rves are designated in ourAnnual Accounts.
Thè reserves are intend8d to:
Provide a minimum of 3 months of operating expenditure to 811ow the charityto seek new
income sources if 8 current source 18 not renewed or if ther8 is 8n unfDf8sÈen dÈcline in
income generation. Duringthis time, Prisrn Art5 will attempt to $8cure ne¥v fundingsources
or orderly close previously supported activities.
Enable the charityto settle any contracts ft is bound to and to compensate some 01 all of its
employees with entitled redundancy paydepending on the availability offunds for
continued operation.
Twstees monitor the reserves quarterlyto ensure compliance with th8 above and to identify
reasons forfluctuations that may cause the reserves to exceed orfall short of the required level.
If reseNes are below or above the target during the year, the Trustee$ will assess whether this is
due to short-term situations or Longer-tem Issues. In the latt8r case, action wiu betakern to
replenish or spend the reserves.
The re8eN8 level is monitored at every board meeting, which occurs qUBrt8rly. Currently. the
resem8 are mostly held in working Capital and an investment bank account.
Trustees review the reservo policy annually, and a financial position and cash-in-bank update
are provided quarterly St board meetings.
The Tru3taes' general d8signat8d ￿serveS were £67.714 in line wilh the reserve policy. A further
£80,000 was designoted in the year towards the cost of purchasingfuture property. At the ye8r
end the charity also held É43.243 in unrestricted fund3 and had free reseNes of £190.957.
Prln¢lpal Incomo and fundlngsour¢e$ 2024125 Iln ord•rof value)
Direct Payments income
Arts Council England NPO
Commission8
UK Government Shared Prospeiity Fund via Cumberland Council
National LotteryCommunityFund
Gartietd Weston Foundation
Other Grants
Donations
£89,135
£51.544
£46.498
£40.612
£39.360
£25.000
£1.531
£1.415
Pa8e 5

Prl$m Art$ CIO
Tru8tees' Reportforthe Y•ar Ended 31 March 2025
Flnanctr Overview. During the Cost-of-Living Crisis, our charity faced finanGial GhoLlonges.
However. we have mad8 progr8ss in rebuilding our income. Direct Payments (fees for sorvicesl
have now becom8 our prim8ry source of in¢omg, thanks to th8 contlnued growth of our Studio
Programma (Led by our Participant Support Lead), Direct payments incom8 has returnod to pre-
pandemic levels. Additionally, our commission'¥ lincomo forwork delivered for a third party)
income has increased overthe pa8t year as a result of work undertaken by our Creative
Directors. We have received notsble 8UPPOrt from the Garfield Weston Foundation. It's
importantto note that the cost-of-living crisis has affectsd fundralsing. as many trusts have
redire¢tgd thoir funds to support those most in need.
3. OBJECTIVESAND ACTIVITIES
To d•v•lop and strengthen the ch•rlty.' W8 developed:
A new Equality and DlversltyActlon Pian and Poll¢y. Thi8 is now in place and th8 action plan
is being actively pur3u8d.
A new EnvlronmentalSu8talnabilityActlon Plan and Pollcy Led by our Financ8 Directorwe
have now approv8d 8 dynamie and deliverable approach to reducing ourcarbon footprint. We
received a Quality markfor this work in 2024.
4. PUBLIC BENEFIT.. In 2024125 we m•t our Charitabl• Objectives
Our Charltabio OblorAlves {ClOh'
> The advancement of education through the medium of creaiive arts.
> To relieve the needs and promote social inclusion of persons who are socially excluded
because of their disability. age. or ill health. bythe provision of th8 Creative arts to ovarcom&
b8rriers to inclusion into society.
Ourvislon Is A soGiety where leaming disabled and neurodivergent people can express
their experiences and insight cre8tively. maklng powerful, high-qualitywork that is
shared, recognised and respected.
Our audience and beneficiaries".
Adults wrth Leaming Disabilities119+}
Young People with Disabiliti6s111-251
Neurodrveryent Adults(19￿1
Page 6

Pil$m Art8 CIO
Tru$to8$' Reportfoi the Yoar Ended 31 Mar¢h 2025
Lo¢atlon of ourwo￿..
Prism Arts is located in Carlisle. and most of our beneficiaries live here. We have been focusing
on deknvering creative programs with Lakes College in West Cumbria 08 port of th8 core SEND
curriculum. We are also working to build and maintain reiation8hips with key councillors and
staff In Cumberiand Council.
Advisory Board:
Our Adwsory board was launched in Sgptsmber 2023. lollowing a perlod of 188earch. trip$ visf(8
and conversations with oth8r arts charities and artists. The board comprises 6 members. A
delegated member repor(8 to the board.
Staff Training:
Mental health first aid
Disabilityequality
Easy read
Communications
Project a￿ork
Markotlng and Comm&.
Avery positive ￿ar, with the Communications Lead in post achi8ving8ignificanz improv8rn8nts
to the wgbsite and ongoing engagomont in social media traffic.
13 blog81483 engagements)
30 other web based interactions (13.047 engagements)
Ho*dllno Data: 2024125
Pri$m Arts has pro8ress8d ourvision of Arts without Barrier8 throu018 Stratelic progrgmme
which h8s developed 8nd su8tained creatNe opportunities for learning disabled and
neurodwergent ILDNDI people in our re&on. This yearwe have focused on the depth and qu811ty
of our services, engagement of LDND people across the charity and incieased engagement by
young LDND people.
In 2024125 a key priorlty was to strengthen our core Studio Progr8mme. but also to expand
creative opportunitie$ foryoung people. As part otthis work, we have continued to develop 1
new Studio Programme strand foi young people leaving school and college called Studio Lift-
Off. We haveatso eontinuedtowork in 2 SENDs¢hooislcollege8. We offered newtsster
8e88ion8 and Én Easter School en8bling us to reach and support young people.
The number of attendances across all¥vorkshops: 2.142 {of which 933 were aged
between 11-191
The number of wor*shop8: 198
Page 7

Prisrn Arts CIO
Tru¥te•s' R•port forth• Year Endod 31 March 2025
Prograrnme Dats
D•llvory programm•: Artlst Development and Studio Programme
Our team delivered over 988 hours of creative engagemènt with LDND cre8tNes.
Number ofwoikshop$'. 198
We individu811y supported the progression of over 120 neurodrv8rgent 8dult8 and young
people. We held cr8atlV8 workshops for 70% of theyear...
We engaged 17 profe88iono10rt18t8 to deliverworkshops to add depth and quakn'tyto our
core programmes. delivering skills dev8lopm8nt, and production of development of new
work.
The Pri$m Shop 1$ active online. allowing 7 LDA artists to sell theirwork ond earn money
from every purchase
The Prlsm Gallory ig online. 8howc8singth8 work of 24Artists to a national audience.
Young People
Young People: Almost 44% of workshop attendan¢es lor 9331 were neurodivergent young
people aged betwe8n 11-19. We continue to expand our new Studio programme for
young people eaiied Studio Lift-off
We continued to deltver SEND creativo programmes wlth Schools and Colleges in Wegt
Cumberiand and Carlisle. Prism Arts Is now part of the annual programmefor both
Jarnes Rennie and Lakes College.
We dèlivered a range of taster ses8lons and dellvered an Easter Schoolwhi¢h targeted
young LDApeopie. Funded byThe National LotteryCommunityFund
Inciu8lon and Progrosslon
See and Go See: We created new opportuniti88 for our artists to visit exhibitions and
performances across the region, includingtrips to Newcastle. Keswick, Whitehaven and
Manchester, togetherwith re8idenci98 in Nottingham.
2 Prism Artists developed leadership Skills lin governance and workshop delNeryl within
the charltythrough a national programme Called Transforming Leadersh•p led by the
London charity Access All Areas. IFunded by ACEMa Access All Ar&asl
The team continued to support 1 Prism Artist tci attend and representthe ¢harty on
Tullie House Museum Community Board (Funded byTNLCFI
Prism Arts Advisory Board, where 6 of our LDA studio artists met twce a tsrm to engage
in decision-making and raported to trustees al board meetings. (Funded byTNLCF)
Staff progression: A trainee and mentoring programme in theatre was developed for 1
staff memberto progress ski118. (funded by the Backstage Trust)
1 paid internship PTogramme was developed enabling 1 neurodivergentyoung person lo
access workplace opportunit188 8nd is now emplcyed by Prism Arts IFunded byTNLCFI
Note: Fund8rs highlighted against specific progrgmmes. NPO and Garfield Weston Foundation
underpinned the entire programme.
5. THE TRUSTEE REPORT:
ACTIVITY Ov•rylew and Hlghllghts follows on Pagés ￿14
Page 8

Prlgm Art$ CIO
Trustees. Report forthe Year Endod 31 March 2025
"To show the world what
and who I am"
Prism Creative, JYMA
was chosen to show
his work in a solo
exhil)ition at Carlisle
Cathedral d￿ing May
& June 2024.
This exhibition
focused specifically on
JYMA'S faith and
artwork. As a local
artist his work -
creatsd both at the
Ism Studio and at
home- explored his
creative and spiritual journey over many years, so the cathedral was a
fitting and beautiful setting for his show. In JYMA'S words:
-1 want this exhibition to show the world what and who.l am. I am a
faithful, ethiealperson. Ifsomeone with autism can create all this, then you
can too.-
I IiL'h, Art l A¥
JYMA is also a member of the
performance group at Prism Arts
and is a talented writer who is
actively developing scripts. A year
on he reports he is rnore confident
after his exhibition and the respect
and recognition he experienced
because of it.
11
"The buxldup to the exhibition, the
preview night. and the rnictt"onfrom
thepublic who visited-tt allfills me
with pride".
Page 9

Prism Arts CIO
Tru3lees' Rfrportfortho Year Ended 31 March 2026
Championing inclusive
practice across the region
We were delighted to be selected
by CumberIand Council to
benefit from the UK Government
Shared Prosperity Fund which
allowed Prism Arts to open its
doors to share skills and
expertise with artists across the
region. The residency paired five
emerging trainee artists with
four experienced creative
mentors to develop new skills in
inclusive arts practice whilst
supporting and collaborating
with Prism Creatives. In addition. through hosting other artists. Prism
Arts facilitators were able to demonstrate and model our ways of
working whilst also gaining inspiration and insight from other
professionals worlang in the creative industries.
All of this resulted in a vibrant and exciting experience which began in
October 2024 and culminated in The Prism Artist Takeover event in
early December when an exciting mix of music, sound, visual art, live
perfornwice and intsractive
workshops transfonned the
Methodist Hall into an immersive
space open to the public. Not only
did the Artist Takeover residency
offer Prism Creatives new
encounters and experiences over
its 3 month duration, but it also
invested the Practitioners who
joined us tempordrAly with more
skills to champion inclusive
practice across Cumberland.
Page 10

Pil$m Arts CIO
TNstaes' Rèportfor tho Y•ar Ended 31 March 2025
Exploring and
Interpreting the World
Prism Arts continued to run a busy creative programme for learning
disabled and neurodivergent people to learn about themselves, build
confidence and express themselves throughout the year. As well as
regular studio sessions, Prism ensured that our Creatives, work was
shared and seen in a variety of ways. In addition
to various exhibitions and perfornjances, a book
of artworks was published in Juty and a festive
card was commissioned and sold in our shop at
Christmas time.
Prism Arts also supported our Creatives in experiencing cultural events
produced by other disability arts oryanisations through supported visits
and trips.
Last year, our Advisory Board attended a perforn]ance of Romeo and
Juliet by Graeae Theatre Company at Theatre by the Lake in Keswick.
I I Creatives from our Studio Theatre group visited Rosehill Theatre to
experience an accessible and immersive perfonnance by Frozen Light, a
theatre company specialising in rnulti-sensory work designed for
audiences with profound and multiple learning disabilities.
Meanwhile, two visual arts studio Members visited Kaleidoscopic
Realms, an exhibition co-curated by Jennifer Gilbert and artist
Christopher SamueI, heId at
Nottingham Castle. Other studio
artists explored MEMA'S
(Middlesbrough Institute of Modern
Art) la￿e scale exhibition Towards
New Worlds. which highlighted diverse
sensory experiences and perspectives.
All these trips unlocked ways to reflect
on, explore and interpret the world
through art.
PRISM
ARTS
2024
(p
firboo
Pa8e 11

Prlsm Art$ CIO
Tru•tO08' Report fortho Year Ended 31 March 2025
Creativity as a Catalyst
for Personal Development
In 2024-25 Prism Arts continued to expand
its reach so more learning disabled and
neur0dlve￿eTrt people had access to the
experiences and expertise we offer. We are
particularly committed to working with
young people in educational settings who
will not have had the opportunity to wo
with specialist facilitators or be part of a
community like ours.
This year we have been commissioned by James Rennie School
(Carlisle) and Lakes College (Workington) to enrich their curricula and
support SEND students to identify post-education ambitions and
opportunities. Our workshops have ranged from dance, painting,
drama. video art and printmaking because we believe and can
demonstrate that creativity is a catalyst for persona] development.
easter Art Studio
Our core studio programmes were also
REE P••pb•4*• complemented by stand-alone taster events
which drew young people into creative
aCti￿tieS they
may not have
prewously
experienced. In
the school
holidays we
hosted high-
THeATre
welcoming
workshops to potentially light a creative
flame for future learning disabled and neuTodiVe￿ent artists and
perforniers.
Page 12

Prl8m Arts CIO
Tntstee$' Roport fortheyear Ended 31 Moroh 2025
Detern]ined to become
Disabled-led
In 2024-25 the charity made far-reach7ng decisions that will affect the
direction and scope of the organisation and secure the long-tenn
viability of our work. With the approval and support of the Trust Board
some key new appointments were made.
In April, Lisa Johnston joined us as Fundraising and Development
Manager, demonstrating in her first year more success than the
freelance consultants previously used. In October, two new Creative
D1￿CtorS joined the team. Whilst Col Conroy and Martin Swan have
ditTerent fields of expertise and practice, both have been closely
involved in a searching strategy review and business planning process
which will guide Prism's programme in the future.
Prism is detennined to become a disabled-led organisation and the
charity's Advisory Board of Creatives is an important part of this
development. Meeting regularly to help steer the organisation, here
you see them in discussion with
Prism's Interim Director as they
are updated on progress towards
goals they identified during the
business planning process. Other
Advisory Board initiatives this
year have included a re-design of
the Prism logo and house-font
and commissioning a
promotional video to explain the
work of the charity.
Two members of the Advisory Board were selected to take part in the
national programme Transfonning Leadership. Catherine Quilter's focus
was on artistic leadership and Michael Sheppard's was Governance.
Both have been able to use their skills in a professional context
throughout the year.
Page 13

PriJm Art¥ CIO
Trust••8' Roportfor the Year Endod 31 March 2025
A place of energy, inquiry
& invention
Prlsm Arts has been providing learning disabled
and neurodivergent people with the means and
opportunity to express themselves creatively and
powerfu￿ through the Arts since 1987.
Our premises in the Old Methodist Hall are a place
of energy, inquiry and in￿ntiOn. hosting a lively
progrdmme where Prism Creatives can work on
perforniance or visual arts projeets. It a]so serv
as a warm and welcomlng community for those
who attend regularly, offering opportunities for
friendshtp and support which they may not be able to access otherwise.
Beyond our premises in Car]isle, Pri8Tll Arts is active across Cumbrla and further
afield. Our team work ID schools and colleges, offer training to other professional
organisations, contrlbute to national and
regional networks, visit other venues for
inspiration and collaborate with other
artists and orgaDisations to maximise our
impact.
Tran8
For a comparatively smal] ch￿lty, Prism
Arts 'punches above its weight, delivering
a wide variety of resources, support and
experiences to our community of
Creatives. The 'wins' of 2024-5 would be imposs)￿le without the insight and
generosity of our donors and supporters who reeognise the value of what we do.
An Annual Report cannot do justice to the whole year's wo￿, but we hope the
following page5 give a knur of what we have achieved.
Approved by the Trustees and signed on their behalf by:
S McGrnth, Co-ehalr &Tn￿tee
15 August 2025
V Walden, Co-chair & TTh￿tee
15 August 2025
Par 14

Prlsm Arts CIO
Trustsg$' Responsibilhles In relatlon to tho Flnanclal Statements
Th• tru$tees are responsible lor prèparing thg Trustees, Report and th8 flnancial stat•mgnts in a￿ance wlh
applicable law and United Klngdom A¢¢ounting Standards.
The law applicable to charltlos in England and Wales requires the trustOe$ to prepare financial statamanls for
each financSal y&ar whiGh gNe 8 true and fair vlew of the stato of affairs of the charity and of the Inc(Jming
resources and appllcat5on of resources ol the charity for that pèriod. In p￿parIng Ihese finandal statamgnts. the
Iruslees are required to..
select sultabl$ a¢¢ounting polici8s and then apply them consiqtenly;
observé the methods and prtndplas In the Charities SORP.,
make judgements and &stimats8 that are reasonable and wudant
stale whether applicable accounting standards have b88n fdlowed. sutyfyct to any m8teri81 departures
dlsc105ed and explained in the flnandal st8tèments', and
prepare the financlal statements on the going concorn basis unless it 1$ inappropriate lo prosume that the
charity wlll continu8 in busines5.
The trustees ar¢ To$poll3ible for keeping proper accountlng rocords Ihat disdose with I￿sonable aeeuracy at
any Itme th& financial position of the charlty and enabla thèm to on8vr8 that the flnandal statements comply with
the Charrtles Act 2011 as amended by the Charitias Act 2C122. the Charity (Accounts and R•ports) Rg9ulation5
and thg provislons of the trust deod. They are ￿spOnsIbl& for safeguarding the assets of th8 cknarlty an(J hance
for taking r8asonablè stèps ftsr the prevention and detection of fraud and other irregularit*s.
P898 15

Ind8p9ndent Examiner'6 Report to Ihe Tru5t••s of
Prlsm Arts CIO
I report on the accounts of the chanty lor thè y8ar èndèE131 March 2025. whth are set out on pag•$ 17 to 28.
Your attention is to drawn to the fact that th8 Charty has pTep8red thè financial statements in accordance with
Accounting and Raporting by Chanties preparing thsir accounts in a¢cordanc• wth the Financial Rèporting
Standard apVi¢able in tht UK and Republic of Irel8nd IFRS 1021 in preferen￿ to thè Accounting and Reporting
by Charit￿$.. Statement ol Rewrnm8nd6d Practi￿ issued on 1 April 2005 which 18 rèfarred to in the extant
regulabons but h8s si¢Ke been withdrawn.
Wè understand th8t this ttas tr£en done in order for the accoutts to provKle a tru8 and lair v￿W in accordance
with the Generally A￿epted Accounting Practi￿ effective for rèp0￿"n9 peri¢)Ys beginning on or after 1 January
2019.
R￿peCtIV9 Mponsibilitifrs of tru•te08 •nd examiner
The Chartys truste9$ arg r8sponsible lor the preparation of the a¢count* Thè trustses consider that an •udit is
not ièquired for thi$ year ￿nder section 144121 of the Charitiès Act 2011 lthe 2011 Act) and that an independent
examin8bon is needed.
The ¢haTity's gross income exceeded £250,000 and l 8m qualified to undertake the examination ty being
qual¢fied member of Tha Instituto of Chartsr8d Accountants in England and W81•s.
It b my responsibilityto..
examine the 8¢¢0unts under section 145 otthe 2011 ACL
follow the pra￿d￿rèS191d down in the Gener¥1 Ditsetions givon by th? Charity Commission under section
145151 Ibl of the 2011 Act.. and
5tat• whether parts'¢u18r matters have eeme to my attenoon.
Basis of Independent ¢xamlnerf• rnport
My examination was carried out in ofmTdane8 w(th tho General Dirgthons &¥vèn by tho Charity Commission. An
exarnination indude$ a rev￿ ol the accounting record5 kept by the ch8Tty 3 cornparison of the aceounts
presenlgd with those records. It also includes consideration of any unusual items or disclosures in the accounts.
and seeking explanations from you as trustees Con￿rning any such rnattèrs. The procedur$$ undertaken do not
provide all the $vidance that w0￿d be required in an audrt and consequènily no (Pinion is given ¥¥ to whether
the accounts pres¢nt 8 'tr￿ and fair wev/ 8nd 1h8 report is lirnited to thoss matters sgt out in the statement
belrm.
Ind•p•ndwtexamin•V# Ststement
In connection wth my examinats'on. no matter has come to my atsntion..
111 whith gwes me reasonable ¢au5e to believe that in any m?tsrial respect the requ1￿Ments..
tr) keep aecountsng records in accordan￿ with sectign 130 of the Charities A¢t 2011 as
amendgd by th& Chanties Act 2022,. and
to wepar8 accounts which 8ccord with th8 accountire re￿rds. CL)mply with the acctsunting
requiTernents of the Aet
have Th)t been met, Qr
121 to whith, in my ¢Jpinion. 3tt&nt￿tn should be drawn in vrder lo enable a proper understanding of the
gunt5 to b& reached.
FSFTEEN Rosehill
Mont9omery Way
Rosehill Estate
CARLISLE
CA12RW
Joanne Thomlin$on FCA
Dodd & Co Limited
Chartered Aecountants
15 August 2025
Pago16

Prfsm Art$ CIO
Statsrnenl of Flnancial Activities for tho Year End￿ 31 March 2025
Unr•8trieted Restrlctsd Total Funds Totsl Fund¥
Furbd$
Funds
2025
2024
In¢omt and endowm•nts from:
Donations and 189aCièS
Investmér
Charftable activrtiè¥
Totsl in¢om¥
77.959
4,766
135.633
218.358
81,503
159.482
4.766
135.633
299.861
147.864
3,420
111.887
263,171
81,503
Expendlture 4)n."
Charftable actlvttles
Total oxponditure
247.174
247.174
81.503
81,503
328,677
328.877
258.201
258,201
Net {oulgolngytno)mkng resour¢8$ before
transfers
128,8161
128.8161
4.970
Transforn
Gross transfer5 be￿en fijnds
Net rnovements in fund$
(28,8161
128,8161
4.970
Reeonelll•tlon of funds
Totsl fvnd$ brouom foThv8rd
Total fund5 carried foThY&rd
219.773
190.957
219,773
190.957
214.803
219,773
The ncles on pages 19 Its 28 forni an integral part of Ihese ffinan0￿ statemMt&
Page 17

Prism Arts CIO
Balan¢• 8heel as at 31 March 2025
2025
2024
Not•
Flx•d ass•ts
Tangit48 8ssets
11
11.896
11.336
Curv•nt ass•ts
Debtors
Cash at bank and in hand
12
18.715
168,702
187.417
12.158
213,173
225.331
cr￿￿0￿. Amount# falllThJ dug wlthin
one
13
18,3561
116,8941
Net ¢urrent assets
179.061
208,437
190.957
219.773
Th• funds ofth• ¢h•Tity.
Ro8trl¢t¢d funds
Unrestrlctsd funds
Unrestricted incc¥ne funds
190,957
219,773
Total eh¥ltyfvnd8
The financlal statemèrrts have been prepared in a￿OrdanCe wtth the Financ4al Reporting Standard 8ppllcablo in
the UK and RopLsblic of Irdand IFRS 1021.
190,957
219.773
Approved by the Board on 15 Augu812025 and sign8d on Its behaw by:
V Wald8n. cwhalr
Trustee
S M¢Gr¥lh. c￿ChaIr
Trustee
The on pages 19 to 28 fomi 8n intsgrdl part ol these fjnandBI statemwts.
Page 18

Prlsm Arts CIO
Notos to the Flnanclal Statements for lh• Year Endod 31 March 2025
Accounllng ￿lICIeS
Stat•ment of compllan
The a¢￿)UnIS lfinandal statements) have baèn pr8p8re(l under the historfcal cost co￿en110n wth ltsms
reeognisgd al cost or transaction value unless othaM$è stated in the relevant note{sl to these accounts.
Thg finan¢181 statements have been prepar8d in accordance with the second edition of thè Ch8riti¢$
Ststsmont of Recommendod Practich Issued in OctobBr 2019, the Financlal ReportiThJ Standard appllcable
in Ihg Unile(l Klngdom and Republic of Ireland IFRS 1021 and the Charities Act 2011 as amended by th•
CharftiesA¢i 2022.
Thg a￿Unts Ifinanaal $talem8nt31 have beon prepa￿rt lo a 'true and fairf view and have departed
from the Charitiès (Accounts and Reports} Regulations 2008 only to the exlenl requlred lo provlde a Irue
and falr vievl. This dgparture has Involved following Accounlng and Reporting by Charities preparing their
accounts in aecordance with Ihe Flnancial R8POrting Stsndarfj appllcable in the UK and Republic of Ireland
IFRS 102) rathor than Ihe Accounting and Reporbng by Charftlès..Statèrnent of Recommended Practice
offeCt￿O from 1 Aprfl 2005 wlwd) h8$ slnce been withdrawn.
Ba$ls of pr•p•ratk
Th¢ Charity rneets th8 definiti'on of a public beneffit enlty under FRS 102. Assets and liabilities are Initially
racognlsed at historical cost or transacbon valu8 unle$$ othern*tse stsled in the relevant aco)unting pollcy
notes.
Golng cone•m
These financlal slatemonts have teen prepared on a gTr)Ing concam b881$.
Fund ac¢aunting poli¢y
Unr8strfetèd income funds are genoral fund5 that arg available for use at the tnJstees' dls¢rotion in
furth¥rxnce ofthe objechves ofthe charlty.
Designated funds ar& unrestrlctèd lunds $èt aside at the dlscf8fjon of tho tmstg95 for specffjc purpx)se8.
Futther datails of trath fvnd are di5cfv)sed in note 16.
Incom• and •ndowmonts
Donations and lega¢i&s induding donations, legacles and grants that prtivida trjre funding or are of
general natu￿ are recognlsed whèrè thèrè 13 ènlillemenl. probability of re¢•ipt and the amount can be
measured with suffkifynt rsllablllty.
Income from Govemment and other grants. whelh&r'capltal' grants or 'rèvenue' grants, is recognlsed whan
th8 Charity has ?nliUemenl to th8 funds. any perfomianeè conditions attached to the grants have been met.
It Is probable that In¢omewill be received and tha amount¢an te rneasured reliably and is not del8rr8d.
Investment income is Tecognls8d on 8 rec•1Vab￿ basis.
Income received to frjnd projects is r8¢ognlsed as the projèct tak8s plae8. Projad funding received in
advance of a prol8ct tAking place is deferred in the accounts. Th8 trust•*s consider that although this may
not b8 strictly in ling with tha SORP, this departure is necessary in orderto onsyro that the a¢¢ounl$ show
true and fair view ofthe charity's affairs. Details ofdeferr8d income is provided in note 13 oftho acwunts.
Pag• 19

Prism Arts CIO
Notès to the Flnanclal Ststemonts for tho Y•ar Ended 31 March 2025
Expendltur•
Liabilitias arè rèeognised as soon as Ih8r8 1$ a leg81 or ¢(￿StrUct￿e obllgaiion committing tho Charity to the
expendlturè. Al exp8nditure is a￿oUnted for on an 8¢¢ruals basis and has been classified under hèadlngs
that aggragato all ¢x)s15 related to the category.
Charitable 8xp8ndilure cnmprises thos¢ ¢osls I￿￿Trod by the charity in th8 d8llvery of its ￿¥￿tIeS and
servlces for its beneficiaries. It Indudes both wst8 that can be dl¢)cated dlrectly to su¢h a¢tsvtrs and IIKse
costs of an Indirect nature necossary to support thèm.
Supwt costs
Support Costs Include cantral function8 and have been allctated to a¢tlvlty cost categorie8 on a basis
¢on3istsnl with th8 use of r8sources, for example, allocatlrq propgrty ￿$ts by floor areas, or per caplts,
staff costs by tlme spent and other costs by their usage.
Flxed assets
Indmdual fixed assets costlng £700 or rnore are initially reg)r(1gd at ￿$t.
Dgpr4clatlon
DepreGialkJn Is provOd6d on tangible fixed assets so as to writo off the Eost or valuatKJn, less any eslSmat•é
r8sldLFal valu¥, 0￿r Iheir expected useful ￿OnOm￿lrfe 8$ follow8.'
Fixture& ffllings and equlpmont
15% rtrduclng balance basls
Cash and cash Equlvahnts
Cash and cash equivalents comprtse cash on hond and ¢all deposits. and other short-temi hyhly liquld
investments that am r•8drly ¢onvertible to a ktM¥n amount of cash and are subject to an InsignrfSc8nt rK8k of
change Sn value.
Penslons
Th9 ch¥ity op8rate8 a ¢Jefln8d contrlbuuon penston s¢h&me. Contrfbutions are char9ed in the stat8matt of
financial adivili83 as they bocoma payable in acctydan¢o wlh the rules of Ihe schgmg,
Pago 20

Prism Arts CIO
Not•$ to the Flnanclal Statements for Ihg Ygar Endgd 31 March 2025
Donatlons and legacl•
Unre$trl¢ted R•strlet•d Total Funds Total Funds
Funds
Funds
2025
2024
Donatlon$ and legaclos
Appèals and donations
1,415
1,415
Grnnts
Arts Councll England NW
Cumbria Community Foundation
The National Lottery Communlty FuThJ
Garfièld Weston
Masonic Charitable Fo(mdalon
Cunknri8 Frsemasons
51,544
51,544
1.531
39,360
25.000
51.544
2.000
35.432
25.000
2.000
2.000
902
9.879
14.996
1,531
39.360
25,000
Ics
Backstsge Trust
UK Government Shared Pn)gpty Fund vlè
Cumberfand Council Year 1
UK Govsmment Shared Prospen'ty Fund vlo
cUm￿￿8nd Council Year 2
UK Govemrnent Shared Pmsporfty Fund via
Cumberland Coundl Yoar 3
15,550
15.550
25,082
81.503
25,062
76,544
158,047
143,753
77.959
81.503
159,462
147,864
Of tho donations and legados income in 2024 £85.557 ralated to unrestricted funds and £62.307 related to
restrfcted lunds.
Inv•stm•nts
Unr•strict•d Restrictsd Total Funds Total Fund•
Funds
FuThls
2025
2024
Inlerftsl on cash d8POsIIs
4.766
4,766
3,420
JI of thè investment incom• in 2024 related to Un￿strIcted funds.
Pa￿ 21

Prlsm Arts CIO
Notès to the Flnan¢ial 8tatsmeThts for tho Year Ended 31 March 202S
¢onllnu8d
Charltabl¢ a¢tiviti•¥
Unr•strlct•d R•strlet•d Total Funds Total Fund$
Funds
Fund8
2025
2024
Charltabl• actlvlti•s
Commi5510llS
Sludlo ProgMmm&
46,498
89.1
135,633
46.498
89,135
135.633
47,526
84.361
111,887
AJI of the ino)me from charf¢abla actI￿lIeS in 2024 related to unrestricted funds.
Page 22

Prism Arts CIO
Notss to the Financial Stat•m•nts for the Yèar Endod 31 March 2025
c¢ntinu8d
5 Expndlture
Charitable
actlvltles
Studlo
Programme
Prlsm Art8 Ct)mmts•ion
Total
2025
Tt)tsl
2024
Dlr•ct costs
Artist f905
Artist materfals
Arlisl and
partiapant travel
Equipment
Wag8s and
salaries
Stsff NIC
IEmployersl
Publklty costs
Sundry expens88
Travel and
subsistenc•
Legal and
profeB3ional f88S
26,098
1.858
524
4.818
3,164
32.864
6.796
1,349
1.828
22,n8
3.973
832
1,774
225
600
792
546
583
40.594
14,305
69.481
124.380
70.886
3,911
1,848
13
2.151
2.647
121
1.139
13
662
47
5,616
705
8.369
2.857
1.800
1,800
1,200
107,968
53,601
45,612
81.945
181,158
Support Costs
Employment costs
Rènt and ulllities
Insurance
Telgphone and
intèrnèt
Offictr exp8ns8S
Trade
sub5criplion5
Sundry èxpÈnses
Cost of truste8
me6ting$
Accountancy f•9¥
Payroll
Indèpandènt
examlnels f80
Bank ch8rg95
O•pmcialionof
plant and
mathinery
91,481
27,210
1.711
91.481
27.210
1,711
8.406
93,755
25,762
1.475
5.103
15,900
8.406
9,175
1.958
77
9,252
1,958
1,276
810
691
221
S9
971
159
159
134
2.854
907
2,660
935
907
650
650
650
1.900
1.713
147.162
221
136
147,519
150,233
200,763
45,833
82.081
328,677
258.201
Of the exp8nditure in 2024 £212,890 ralatsd to unr8¥tricted funds and £45,311 rolatsd to restricted funds.
P8ge 23

Prism Arts CIO
Notes to tho Flnaneial Statéments for tho Year Ended 31 March 2025
conllnuad
Governanc• costs
2026
2024
Cost of trust88 maaling$
Accountancy f99
Independent •xarnin?rf¥ fee
Paymll costs
159
2,854
650
134
2.680
650
935
4.379
4,570
Trn¥t•￿' rvmuneratSon and •xp•n
J tTUSte8s r&caNsd rgmuneration or expenses durlThJ ￿r.
Net loutgolngyln¢omlng r••ou¥¢e•
Nel l0utgo￿g)￿￿cOrnl￿g resources 15 Staled aftgr Charging:
2025
2024
Depreaatlon of ￿+￿•d assots
1,900
1.713
Emplo)w•' r•mun•ratlon
The monthly avornge number of persons linduding sanior mxn8gÈment} employed by th8 charity during thg
year was a$ fc4bws:
2025
No.
2024
No.
Chafitable activrfies
12
10
Thè aggregats payroll costs of these person8 wer6 as follows:
2025
2024
Wxg8s and $alarKes
SocAal s&uJrity
Other pension ￿sts
204.356
7.826
5,636
217.818
151,754
4,632
2.800
159,186
No èmFloy•• rpc8ive(l emolurnents ofmore than £60.000 durin9 th• yoar.
Page 24

Prism Arts CIO
Not•8 to the Flnanclal Statsmènts for the Yèar Endod 31 March 2025
conlinu#d
10 Taxatlon
Th9 rogislered tharlty Is èxompt from tsxalion on incom8 and gains.
11 Tanglblo flxod aM•ts
Flxtur•s.
ffttlngs and
equlpm•nt
Cost
As at 1 April 2024
Addltlons
As at 31 March 2025
20,306
2.462
22.768
Dopr•clatl¢n
As 8t 1 Aprl 2024
Charge for the year
As at 31 Marth 2025
8,972
1.900
10,872
N•1 book valu•
As al 31 March 2025
A$ 8131 March 2024
11.896
11,334
12 Débtors
2025
2024
Trad8 d8btors
18.715
12.158
13 Crodilors: Amounts fallirwJ due wllhln on• year
2025
2024
Accruals and deferred irwmè
8.356
16,894
14 P•rnion *eh•me
Defin•d contrlbvtlon p•n$lon 8¢h•mo
The charity op&ralfrs a ¢Jefined ¢onlributron pension schèmo. Th8 p&n8ion cost charge for the perlod
represents cDntn"butions payabltt by the charity to th8 sch8me and amounted to £5,63612024- £2.8001.
There wer8 no outstandin9 or ￿paid contribulions al eithei the beginning or •nd of the financial year.
Page 25

Prfsm Arts CIO
Notes to th• Financlal Statemonts for tho Yaar End￿ 31 March 2025
15 R•latsd p•rties
Controlllng •ntty
Tha charfty IÈ wnlrolled by th8 trusts0s.
16 Analysls of funds
At 1 April
2024
Incomlng
resour¢•s
R•sour¢
•xponded
At 31 March
2025
Deslgnat•d Funds
D88ignaled funds
Prop¢ty fvnd
67,714
80,000
147.714
67.714
80,000
147.714
Gw)•rnl Fund$
General fijnds
Tr8inlng
Cornmis&1￿S
Studio Programme
10,613
11.090
45,783
4.573
72.059
84.547
1161,4031
166,2431
11,090
62.856
35.540
43.243
47.356
86,455
218.358
130,2831
155,4881
1247,1741
R••trl¢tod Fund8
Studlo Progrhmmo
Lottery C¢)mmunlty Fund
42,143
39,360
81.503
142,143)
139,360)
181,503)
219,773
299.861
1328.6771
190.957
Studio Programmo Fund.. This funding is to support thè 18unch of a naw studio prvgramme 1st￿110 Loft Off)
and to provld& 8 pilot artists resldency and tralning programme.
Lottery Community Fund." This funding Is to provlde new, sustalnable optKJrlun1￿es for people wKh
disabillues to acea¥¥ ¥grvices through patharship wothng with disabllity speclalist organi$atbns.
Deslgnated funds.. the re50rv05 pollcy on pagè 5.
Page 28

Prlsm Arts CIO
Notes to the Financial Ststements for th• Year Ended 31 March 2025
Prlor ￿rIOd
At 1 Aprti
2023
Incoming
r•sourc•s
R•sourc•s
pond•d
At 31 Mar¢h
2024
Tran$forn
Deslgn•ted Funds
Designat8d funds
Property fvnd
67.714
67.714
80,000
80.0
67.714
147.714
Genernl Funds
General hjnds
Training
Commiss*Jns
stud￿ Prograrrme
103.238
11.090
25.770
6,991
147,089
105.205
1117.9641
179,866)
10.613
11.090
45.783
4,573
72,059
51.337
61,318
217.860
{31.1901
163.7361
1212,8901
1134}
180,CQO)
R•8trlctÈd Fvrtd$
Lottery Communty Fund
Backstage Trust
35.432
9,879
45.311
135.4321
{9,8791
145.311
214.803
263,171
1258,2011
219,773
Page 27

Piism Art¥ CIO
Notos lo the Flnancial Ststement8 for the Yoar Endod 31 March 2025
17 Net I•￿ts by (und
Unrèstrietsd
Funds
R•strlct•d
Fundi
Totsl Funth
2025
Totsl Funds
2024
Tangibl8 assets
Currènt 8ss8ts
Creditors- Amounts fallng dug
whhin one year
Net assèts
11.896
191.564
11.896
187,417
11,336
225.331
4,147
{12.5031
190.957
{4,147}
18,3561
190,957
{16,8941
219.773
Prior p•rlod
Unr•stri¢t•d Rostrlct•d
Funds
Funds
Total Fund¥
2024
Total Funds
2023
Tangible assets
Current a$*t
Creditt)rs: Amounts falling due wthin
one y$ar
Net assets
11.336
220,319
111.8821
219.773
11.336
225,331
116,8941
219,773
10,295
221,567
117.059}
214,803
5,012
(5,0121
Pag8 28