REGISTERED CHARifY NUMBER: 1160164
ort of thè Trusleos and
Unaudited Financial Slatemenls foi the Year Ended 30 A
for
ril 2024

Side
Re
ort of the Trustees
for the Year Ended 30 A ry12024
The ITuslees present their report wlh Ile financial statements of the chafty for the yeaf ended
30 April 2024. The trustees have adopted Ihe piovisions of the Sialement of Recommended Practice
{KJof<pi 'Accounting and fleporting by Charities. i33ued in March 2005.
REFERENCE AND ADMINISTRATIVE DEfAILS
Rvyi¥lered Chority iiuivibvr
1160164
Prlnclpal address
Parham House Barn
Brick Lane
Parmam
Woodbridge
Suffolk
IP139La
Trustee$
C Maloney
H Baltye
Battye
J Christie
D Franklin
J Smrth
R stein
A Stein
G Chfislie
- apFM)inled 9.3.24
- appointed 9 3.24
- ap￿inted 9.3.24
Independent examiner
Mi A Porter
STRUCTURE, GOVERNANCE ANO MANAGEMENT
Governing document
The charity Is eonliolled by Ils governing document. a deed ol Iiusl, and conslilutes an unincorpofaled
charity.
Re¢rultmont and appo5ntmont ol new tTustM•
Our policy for appointing new IfUS:ees Is lo search out people who have skims and chaTacterisli¢s that
11 be beneficial to the chanly. On appointment the twslees receNe a Copy ol the governing
documents and Ch3rity Commission trustee documents_ New trusi8èS arè briefed on Ihe background
and work of the charity and future airns.
Rlsk management
The Iruslees have a duty lo Identify and Tevipw the risks to which the charity Is exposed and lo ensure
appfopriale conlrols are In place to provide leasona￿e a$S￿ra￿￿ againsl fraud and etror.
Page 1

Side
Re
rt of the Trustees
for the Year Ended 30 A ril 2024
OBJECTIVES AND ACTIVITIES
Objective5 and aims
Thv objects of the CIO ai¢.
{Al To advance the education of the public in the Sub￿ of BraJlian lrfe, Clbltuie and languages in all
foim5 Including (but not limited tol literature and music.
IB) To advance the education of the public in lileralure. language, music and visual arts, Including in
partlGular (but iiol limited tol the liteiatufe, Languages and cuhures of other countrie3 and peoples
beyond the United Kinqdom.
(Cl To advaiice the arts for the benefit ol the pubhc by the estalAishment and running of art>r¢lated
workshops. events and fe51ivals.
Tlie rii<iifi ¢lLtivily i¥ Ili¢ yiv¢Juiliuii uf Iliv Fliyside F¥s1i¥al. or9anised by a freelance director, freelance
part lime coordinators and many other freelancers. A programme of schools and oulfeach wofk is run
by the director.
Publlc beneflt
In shaping our objectives lor the year and plafining Ouf aclivilies. the trustees have considered the
Charty Commission's guidance on Public Benelit Includiny. Tl)e Public Benefit Requirement IPBII,
Running a Charity IP821 and Reporting IPB31.
The trustees of Flipside work hard to create a piogiamme. both al the feslival and in Ils proiects wthin
Ihecommunily, that provides a varied 3nd rich ottef of events for Ihe general public. The trustees
ensure that asignilicanl proportion ol rts iesources Is allocated to this provision wilh the aim lo incIL￿e
low priced aclivrties such a5 51orylelling. art aclivilies. music performances and workshops in its
community actiVrt￿s.
Flipside offers ils services lo the general public. In advanung Ouf aim of reader development and
cutlural exchange and engagement. V*E offer these serviees In a variety of kJcatson$ to enable the
broadest commiinily Inleraclion.
ACHIEVEMENT AND PERFORMANCE
The year 202312024 was a signilicanl one for Flipside. marking our 10th anniversary wrth another
successful festival alongside the launch ol a riew arid engaging seiies of art history lectures. This
r)?.ritxI hA8 sgp.n Flipside further cement Ils reputstion a5 a leadina arts charrty. 1051ering ¢ultUfal
engagement and collaboration across Suffolk and beyond.
FlipqKlp. FgstNal 2023. "Chanoino Times-
In September 2023. we returned lo Yew Tree Fami fo( our flagship event. the Flipside Festival. This
year's Ineme, "Changlng Tlmes"
was explofed in a spiiil ol i¥neLtivri iliid i¥lebidliuii. d> iiiarked
thp. 10th Anniversary ol the festival itsem Over the past decade Flipside has brought loqether a
diverse array ol artists. Writers. and musicians, creating a unNue plafform for exploring the
Intersections of an. culture. society.
The 2023 festival continued Ihis tradition focusing key annNersanes and rnoments of cutiural
signrfican¢e. In particular. the festival commemoialed the 50th annNersary of the death of Pablo
Neiuda and the P<lbSiTiy ul PiidSSU. Él> WVII db Irflecliiig on broadef societal ¢han9es. Indudin9 the
founding of the NHS and the gublicalion ol Small is Beautiful by E. F. Schumacher. These themes
sparked lively discussion. crealirbg a thought-provoking atmosphere thioughout the day..
Page 2

Side
Re
rt of the Trustees
for the Year Ended 30 A ri12024
ACHIEVEMENT AND PERFORMANCE
The night before the main leslival. Flipside collabofaled wlh The Mu5icRoom for a special concert
featuring the talented violin15t and composer F<uby Colley. Th13 Intimate performance was a fitting
prelude to the festival, blendinq music and sloryielling in a way that captivated the aUd￿nCe.
Art History LeGtuie Series
This year saw the launch of a new and excilinq collaboration wth The Print Room Gallery. introducing
a series of 10 art history lectures led by local ￿ller and esteemed art bislorian John-Paul Stonard. His
eylli ol ki1T)w￿Yè aiid ei?y891119 Styl¢ niade the lecluies a fe50undin9 succe33, attraGl¢ng a Wh4¢
audience eager lo expk)re the Inlricacies ol art history. John-Paufs abilrty lo bring lo life a cange of
ancient, Classical and contempoiary art has enriched Ihe cultural landscape of our community, and we
weie fortunate to have his expertise as part ol Flipaide's programming.
Looking Forward
As we look ahead to 2024. FItP4?￿e is committed to building on Ihe¥ successes. We wll continue lo
seek out new partnerships and opportunities lor creative explofalion. ensuring that we remain
vibfanl and dynamic Pfesence In the arts community. Our upcoming ￿an5 include further developing
our festival programming and expanding the art history sefies. alongside new inilialives that renecl our
commitment lo cultural engagement and artistic Innovation.
Approved by order of the board ol Iruslees on 13 February 2025 and signed on ils behalf by.
Trustee
Page 3

Side
Statement of Financial AclNities
for the Year Ended 30 A ril 2024
30.4 24
Total
funds
30.4.23
Total
funds
Unieslricled
nds
Restricted
funds
Notes
INCOMING RESOURCE5
Incoming resources from generated
funds
Voluntary income
1CKJ
5.367
5,467
3,818
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary income
Other resources expended
6.059
1.024
6.059
2.264
6.551
2,822
1,240
Total re$our¢e¥ expended
1,240
7,083
8,323
9,373
NET INCOMINGIIOUTGOING)
RESOURCES
11,1401
{1.716)
12.8561
15.555)
RECONCILIATION OF FUNDS
Total funds brought torward
1,965
10.011
15,>bts
TOTAL FUNDS CARRIED FORWARO
825
6.330
7.155
10,011
The notes form part of these financial statements
Page 5

Side
Balance Sheet
At 30 A ril 2024
30.4.24
Total
funds
30.4.23
Total
funds
Unrestricted
funds
Restricted
funds
Noles
CURRENT ASSETS
Debtors
Cash at bank
120
2.070
120
10,116
120
11,850
8.046
2,190
10.236
11,970
CREDITORS
Amounts falling due within one year
(1,365)
(1,716)
{3,081}
11.959)
NET CURRENT ASSETS
825
6.330
7,155
10.011
TOTAL ASSETS LESS CURRENT
LIA81LITIES
825
6,330
7,155
10,011
NET ASSETS
825
6,330
7.155
10,011
FUNOS
Unreslricled funds
Restricted tunds
825
0.330
1.965
8,040
TOTAL FUNDS
7.155
.10,011
The financial slatemenls were approved by the Boafd of Trustees on 13 February 2025 and were
signed on ils behall by".
Trustee
The notes form part of these financial slatements
Page 6

Side
Notes to the Financial Slatemenfs
for the Year Ended 30 A
ril 2024
ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost eonvenlion, and in
accordance wlh the Finari¢ial Reporting Standard for Smaller Entities lettective April 2UUY), the
Charrties Act 2011 and the requiiements ol the Slalemenl of Recommended Pra¢lice.
Accounting and Reports'ng by Charrt￿.
Incoming resources
All Incoming resoufces are included on the Slalemep.l of Financial Activibes when the chanty is
legally enlilled lo the Income and the amuum can be quan(Ified wlh reasonable accuracy.
Resources expended
Expenditure Is aceounled for on an accfuals basis and has been clas&f*d under headings that
aggiegale all cost related lo the category. Where costs cannot be directly attributed lo particula(
headings they have been allocated lo activities on a basis consislenl y￿h the use ol resources.
TJxat5on
The charity is exempt from lax on ils chantable activit￿5.
Fund ac¢ountlng
Unreslricled funds can be used in accordance wth the charrtable obj'ectives al the discretion of
Ihe trustees.
Restricted funds can onty be used for particular restricted purposes wrthin the objects ol the
Chafity. Reslriclions arise when speCif￿d by the donor or when funds are raised for particular
reslricled purposes.
rurther explanation of the nature and purpose of ooch fund IG included in th• notOS to th•
financial slatemenls.
COSTS OF GENERATING VOLUNTARY INCOME
30.4.24
30.4.23
Management and admin
FIIpside leslival costs
Transport and travel
Marketing materials
Artists & speakeis fees
Hire of veniie
Support costs
180
2,541
2,820
1,040
299
2.392
581
1.811
472
474
6.059
6,551
Page 7

Side
Notes lo the Financ￿1 Statements - continued
for the Year Ended 30 A ril 2024
TRUSTEES. REMUNERATION AND 8ENEFrrs
There VEfe tbo trustees, remuneration ￿ other benefits for the year ended 30 April 2024 nor for
the year ended 30 April 2023.
Trustees. expEn¥¢
Thefe were no Iruslees, expenses paid for the year ended 30 April 2024 nor for the year ended
30 April 2023.
DEB TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24
30.4.23
Other debtors
120
120
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24
30.4.23
Bank loans and overdrafts
Other creditors
1,841
1,240
225
1.734
3.081
1.959
MOVEMENT IN FUNDS
Nel
movement
in funds
Al 1.5.23
At 30.4.24
Unrestrlcted funds
General fund
A Walk of Art Project
{105)
2.070
{1.140)
11.245)
2.070
1.965
(1, 1401
825
Restricted funds
Wgrd- Project
First Light Festival 2024
Bn4fi
11,716
(1.716)
8.046
11,7161
6,330
TOTAL FUNOS
10,011
{2.856}
7,155
Page 8

Side
Notes lo the Financsal Statements- continued
for the Year Ended 30 A
ril 2024
MOVEMENT IN FUNDS - continued
Nel movemenl in funds. included In the above are as follow5..
In¢oming Resources
resource5
expended
Movemeni
In funds
Unrestricted funds
General fund
100
11.2401
11.140)
Restricted funds
First Light Festival 2024
5,367
17,0831
11.7161
TOTAL FUNDS
5,467
18.3231
12.8561
Comparatlves for movement in funds
Net
Transfers
movement be￿en
In lunds
funds
Al 1.5.22
At 30.4.23
Unrestricted Funds
General fund
A Walk ol Art Project
3,165
(3.2701
11051
2,070
2,070
3.165
(3.270)
2.070
1,965
Restrlcted Funds
Words Pioiecl
A Walk ol Art Project
10.331
2.070
{2.2851
8.046
12.0701
12.401
(2.2851
12,0701
8,046
TOTAL FUNDS
15,566
(5,555)
10.011
Page 9

Side
Notes lo the Financial Statements- eonliniied
lor the Year Ended 30 A ril 2024
MOVEMENT IN FUNDS - continued
Comparative net m¢)vement in funds. induded in the above are as follows..
Incoming Resources
resources
expended
Movemeni
in funds
Unrestricted lunds
Ger¢eral fund
3.818
17,0881
13.270)
Restricted funds
Words Project
12.2851
12,2851
TOTAL FUNDS
3.818
19.373)
15,5551
A current year 12 months and Pr￿)￿ year 12 months combined wsilion is as follows..
Net
movement
In fLtnds
Transfers
befftn
funds At 30.4.24
At 1.5.22
Unrestrlcted funds
General fund
A Walk ol Art Propcl
3.165
14,4101
{1,2451
2,070
2,070
Restrl¢ted funds
Words Project
A Walk of Art Project
First Light Festival 2024
10.331
2.070
(2.285)
8.046
12.070)
<1.7161
11.716)
12,401
14.0011
12,0701
8.330
TOTAL FUNDS
15.566
18,411)
7,155
Page 10

Side
Notes lo the Financial Statements- continued
for the Year Ended 30 A ril 2024
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds. included
in the above are as follows.
Incoming Resources
resources
expended
Movement
in funds
Unrestrlcted funds
General fund
3.918
18,3281
(4,4101
Regtricted fijndy
First Light Feslival 2024
Words Proiecl
5.367
17.0831
12.2831
11.716)
12.285
TOTAL FUNDS
9,285
{17.6961
'{8,4111
Page11

Sid
Detailed Slalemenl of Financial Activit￿S
for the Year Ended 30 A TII 2024
30.4.24
30.4.23
INCOMING RESOURCES
Voluntary income
other Ifading activities
5,467
3,818
Total Incomlng resources
5,467
3,818
RESOURCES EXPENDED
Costs of generating voluntary Income
Management and admin
Flipside le51ival costs
Transpon an¢J travel
Marketing materia15
Artists & speakers lees
Hire ol venve
180
2,541
2.820
1.040
299
2,392
581
1.811
472
5,585
6.551
Support eO8ts
Management
Insurance
Telephone
Postage and stali¢)nery
392
340
392
S51
732
Flnance
Merchant fees
Bank charge$
474
10S
145
S79
Infomiatlon technology
Repairs and renewals
Other 4
Accountancy and ￿al lees
187
1.240
1,734
Total wsources cxponded
8.323
9.373
Nèt expenditure
12.8561
15.5551
This page does no+ form part of the slalutory Iinancial statements
Page 12

Inde
en
Side
nt
ffte<s R
rt to Ihe Ttuslees ol
I report on the accounts for the year enr1￿ 20 ApTiI ?0?4 Arg qg.t rjirt nn PAOP8 tn plpvpn.
Responslbllltles and basis of report
As the charity's Iruslees you are fesponsibte for the preparation of the accounts in accordance with
the requiremenls of the Chanlies Act 2011 I'lhe ACYI.
I have examined your charity's accoun15 as required undef section 145 of the Charities Act 2011 I'lhe
Act'l. In carrying out my examination I have followed the Direclions given by the Charity Commission
under section 1451511bl of the 2011 Act.
My role Is lo slate whether any material matters have come to my attention giving me cause lo
believe..
that accounting records v*re not kept as requifed by section 130 of the Act". or
that the accounts do not accord with those records, or
that the accounts do not comply wth the accounting requirements of the Act.. or
that there is further Information needed for a proper understanding of the accounts.
Independent examinerfs statement
S have compleled my examination and have no concerns in respect of the matters 11 I to (41 listed
above and, In ￿nneCtIOn wlh lollowng the Directions of the Charty Commission I have found no
matters that require drawing to your allenlion.
Mr A Porter
Date..
Page 4

Side
Contents of the Financial Statements
for the Yeai Ended 30 A
ill 2024
Page
Report ol the Trustees
1 103
Independent Examine¢s Report
tatomont of Financial ActIVrt￿ts
Balance Sheet
Noles to the Financial Sialements
7t011
Dotailod St3t•m•nt ol Finaneial Activili