Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B REPORT OF THE TRUSTEES and FINANCIAL STATEMENTS for the YEAR ENDED 30 April 2022 For STREETZ AHEAD PERFORMING ARTS SCHOOL Charity registration no: 1160702
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B STREEfz AHEAD PERFORMING ARTS SCHOOL CONTENTS OF THE FINANCIAL STATEMENTS For the Year Ended 30 A rll 2022 Page CHARI INFORMATION TRUS ES ANNUAL REPORT 4-5 INDEP NDENT EXAMINER'S REPORT STATE ENT OF FINANCIAL AcllvTfES BALA CE SHEET CASH LOWS NOTE TO THE FINANCIAL STATEMENTS 11>16 DETA D sfATEMEKf OF FINANaAL AcllviTES 17-18
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz Ahead Performin Arts hool rio 2021 to 30 A ril 2022 The Trustees are also directors of the charity for the purposes of the Companies Act 2006: present their report with the financial statements of the charity for the period l May 2021 to 30 April 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice ISORP) 'Accounting and Reporting by Charities, issues in March 2005. REFERENCE AND ADMINisfRATATIVE DAlLs t2egistered Company number (England and Wales) Registered Charity Number 1160702 Registered Office l Moira Close. London, N17 6HZ Trustee5 Mrs S Lahav Ms B Stennet Ms J Bates Ms M Costa Ms M Witter Mr D Cope appointed 02103n015 - appointed 31/03tt019 - appointed 103/2078 - appointed 31/03tt019 - appointed 3110312019 - appointed 3110312019 Chair Treasu rer Secretary Accountant JT Accounts" PO Box1327 Enfield ENI 9AE Independent examinef Jacqueline Tetley 9 Woodgrange Avenue Enfield ENI IEW Page13
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz IA Arts School Trustees eriod l Ma 202 For the ril 2022 STRUCTURE. GOVERNMENT AND MANAGEMENT Governing Document The charity is a Charitable Incorporated Organisation (CIO), as defined by the Charities Act 2011. It is controlled by its governing document, a Constitution, datod 14 November 2014. The company became a registered charity with the charity Commission for England and Wales from 2 March 2015. Recruitment and Appointment of New Trustees There must be a minimum of three trustees. New trustees are recruited by approaching individuals that are aware of or familiar with the charity and its objectives. Those trustees must have the skills and expertise to support the charity in achieving its objectives. All members give their time voluntarily and receive no benefits from the charity. STRucfuRE, GOVERNANCE AND MANAGEMENT The trustees have a duty to identify and review the risks to which the trust is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Risk Management The trustees have a duty to identify and review the risks to which trust is exposed and to ensure appropriate controls are in place reasonable assurance against fraud and error. OBJECTIVES AND ACTIVITES Objectives and Aims The CIO objectives as set out in its Constitution dated 14 November 2014 are to advance the education of children and young people up to 21 years of age in the arts, including the arts of drama, mime, dance, singing and music. Significant Activities Streetz Ahead teach dance and performance to young people in London. They offer subsidized classes to allow access for all. They work towards a final performance at a local professional theatre. All participants receive a google link to the show and certificate for their achievements. They provide an exlensive selection of activities intended to inspire and encourage young people to participate in the arts. Page14
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Str etz Ahead Pe rmin hool ortof For the eri Trustees Ima 2021 t 30 A ril 20 ACHIEVEMENTS AND PERFORMANCES Streetz Ahead Performing Arts School ("Streetz Ahead-) run weekly street dance and performing arts classes for 200 young performers. Classes were held at local primary schools with additional evening classes held at St Andrews Primary School. Millfield House and Willow Primary School. Streetz Ahead continued to be on the Haringeyyouth Festival committee and in October 2021 performed in the festival at the Karamel club. Streetz Ahead took 60 dance Giants students to watch Lion King which as subsidised by London Youth. Streetz Ahead performed The Other Side with 200 students at The Arts Depot in December 2021 to an audience of 500 parents, carers and families. They also had an end of term disco in March 2022 for all their students where the children shared the routines they had learnt. Fund isin Streetz Ahead continued their Dance Giants programme in five schools in Haringey, Streetz Ahead were funded by The Bog Lottery to provide Dance Giants to a further S schools in Tottenham. Streetz Ahead were awarded by London Wave to provide 121 mentoring to 120 children via zoom with access to our woekly Dance Programme this ran from March 2021- December 2021. Streetz Ahead have also set up a BASE - Body and Soul Education in three provisions- two primary schools and one hospice. 321363E62WIDF Bel le stennett mrs Page15 10/15/2022
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B STREETZAHEAD PERFORMING ARTS SCHOOL INDEPENDENT EXAMINERS REPORT For the Year Ended 30 April 2022 Indepe (Chari 'dent examinerfs report to Streets Ahead Perforniing Arts School for the year ended 30 April 2022 no. 1167021 Respe The tru for the ive responsibilities of trustees and examiner tees (who are also the principles of the company for the purposes of company lawl are responsible reparation of the accounts. The ch neede rity's trustees consider that an audit is not required for this and that an kndependent examination is Itism responsibility to: ine the accounts ollow the procedures laid down in the general Directions given by the Charity Commission lunder 14515llbl of the Charities Act. and tate whether particular matters have come to my attention exa to sectio to Basis of independent examlnerfs report Myex mination was carried out in accordance with 8eneral Directions given by the Charity Commission. An exami ation includes a rèview of the accounting records kept by the charity and a comparison of the ts presented with those records. It also includes consideration of any unusual items or disclosures in ounts and seeking explanations from the trustees concerning any such matters. The procedures ken do not provide all the evidence that would be required in an audit, and consequently no opinion as to whether the accounts present a 'true and foirf view and the report is limited to those matters accou the ac unde is give Inde In con believ ndent examinerfs Statement ection with my examination. no material matters have come to my attention which gives me cause to that in, any material respect: ounting records were not kept in accordance with s Charty Commission guidance,. or accounts do not accord with such records: or accounts do not comply with relevant accounting requirements other than any requhrement that the ts give a 'true and fairf view which is not a matter considered as part of an independent examination; accounts have r¢ot been prepared in accordance with the Charities SORP IFR51021. ac th th accou th I hav atten no concems and have come across no other matters in connection with the examination to which ion should be drawn in this report in order to enable a proper understandir)g of the accounts to be Jacqueline Tetley Ilndependent examiner) 9 Woodgrange Avenue, Enfield ENI IEW Date: 1810712022 Slgne Page
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Stroetz A ead Performing Arts School Statement of Financlal Artivites *or the y ar ended 30 April 2022 Unrestricted Restricted funds funds 2022 2022 Totsl funds 2022 Totsl funds 2021 Notes INCOMIVG FUNDS Incomin fom.. Donations and grants Charitable activities Invesiments COMING RESOURCES 36,(K18 17,107 153.348 5,773 189,356 22,880 l(M),238 22,343 TOTAL I 53.118 159,121 212,239 122,585 RESOU CES EXPENDED Raising funds Charitable activites Other ESOUCES EXPENDED 5,195 57,541 7,123 69.859 1.942 160,783 7.137 218,324 7,123 232,584 1,920 120,297 2,064 124,281 TOTAL 162.725 NET IN OMING RESOURCES FOR THE YE -16,741 -20.345 11,6961 RECON Total F ILIATION OF FUNDS nds Bought Forward 17.729 36.007 53,736 55,432 TOTAL UNDS CARRIED FORWARD 988 32.403 33.391 53,736 Page I
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B streetz A'head Performing Arts School Balance Sheet ar ended 30 April 2022 for the y Notes 2022 2021 Fixed Aisets Tangibl ' Assets Current Debtors Cash at Assets 12 14,693 25.748 40,441 9,771 49,790 59.561 ank and in hand Credlto s- Amounts falling due wtthin one year 13 -7,050 15,825) Net Cu ent Assets 33,391 53.736 Total a sets less current liabilities 33,391 53,736 Total a Sets excludin8 penslon asset or liability 33.391 53.736 FUNDS, Restrict.ed Income Funds Unrestricted Income Funds Reserves 14 14 14 32,403 -5.881 6,869 33,391 36,007 7.729 10,000 53,736 The no es form part of these financial statements. Appro ed by the board on 19 July 2022 And si ned on its behalf by- Do¢uSWdty.' 10/15/2022 Belle Stennett - Truste Page I
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz Ahead Performing Art5 Sch(1 Statement of Cash flows for the y ar ended 30 April Z022 Z022 20ZI Cash flo s from operatlng artfvitles Net {expendtture)/income per Statemeftt of Flnancial Arti¥ites -20.345 11,6961 Adjustments for: Dividends. interest and rents from investments Ilncr asel/Decrease in trade and other receivables Incre se in trade and other payables 141 {6.3171 14,5061 -4,922 1.225 Net cas (used in)IprovTded by operating activitles -24.045 112.523} Cash fio Divi 5 from Investing activities nds. interest and rents from investments Net cas from investing arti¥ities Cash flo s from financlng activities Rep tnent of borrowing Net from financing artivities Net Ide rease)/increase in cash and cash equi¥alents -24.042 112,5191 Cash a ash equivalents at the beglnning of the year 49.790 62.309 Cash a cash equivalents at the end of the year 25,748 49,790 Compo Cas ents of cash and cash equivalents and bank balances 25,748 49.790 25.748 49,790 Page I
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Stree head Performing Arts School Notes t the Actounts for the ear ended 30 April 2022 Basi5 0 preparation The fin ncial statements have been prepared in accordance with Accounting and Reportin8 by Chariti s.. Statement of Recommended Practice applicable to charities preparing their accounts in accordqnce with the Financial ReF)Orting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20151- (Charitiès SORP {FRS 10211. thè Financial Reporting Standard applica le in the UK and Republic of Ifeland (FRS 1021 and the Companies Act 2006. Chang in basis of accounting or to previous accounts as been no change to the accounting policies Ivaluation rules and method of accounting) since r and no cha nges have been made to accounts for previous years. There last ye Fund a counting Unrest icted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Design ted funds These are unrestricted funds earniarked by the trustees for particular purposes. Revalu tion funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market value5. Restri ted funds These are available for use subject to restrittion5 imposed by the donor or throu8h terms of an appeal. Incom Recog ition of income Income is included in the Statement of Financial Activities ISOFAI when the charity becomes entitled to, and virtually certain to receive. the income and the amount of the income can be measured with sufficient reliability- Inco with related expenditure 15 reported gross in the SOFA. Dona grant ion5 and Voluntary income received by way of grants, donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Page io
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz Notes t for the head Perforn)ing Arts khool the Accounts ear ended 30 April 2022 Tax rec gifts aims on donations and Income from tax reclaims is included in the SOFA at the same time as the 8iftldonation to which it relates. Donate and fa service5 These are only included in income Iwith an equivalent amount in expenditure) where the benefrt to the Charity is reasonably quantifiable, measurable and material. Volunt er help The value of any volunteer help received is not included jn the accounts. Invest ent income Thi5 is included in the accounts when receivable. Gains/ revalu losses) on tion of fixed assets This includes any gain or10ss resulting from revaluing investments to market value at the end of the year. Gain51 assets losses) on investment This includes any gain or loss on the sale of investments. Expen iture Rec08 ition of expenditure Expendtture is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which tt relate5. Expen iture on raising funds These comprise the costs aSSOCiated with attrarting voluntary income, fundraising trading costs and investment management Expe activi iture on charttable es These comprise the costs incurred by the Charity in the delivery of its activities and seTvices in the furtherance of its objects. including the making of grants and govemance costs. Grant payable All grant expenditure is accounted for on an actual paid basis plus an accrual for Erants that have been approved by the trustees at Page li
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Govern nce costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity. including any audit/independent examination fees. c05t5 linked to the Other penditure These are support Costs not allocated to a particular activity- Taxati The ch rity is exempt from corporation tax on its charitable activsties. Intangi Intangible fixed assets lincluding purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses. le fixed assets and amortisation Trade nd other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offere Prepayment5 Jre valued at the amount prepaid net of any trade discounts due. Cash a d cash equivalents Cash a d cash equivalents comprise cash at bank and on hand. demand deposits Wlth banks and other short-term highly liquid investments with original maturttie5 of three months or les5 and bank overdrèfts. In the statement of financial position, bank overdrafts are showr) within borrowings or current liabilities. In the Statement of Cash Flow5, cash and cash equivalents are shown net of bank overd fts that are repayable on demand and form an integral part of the company's cash ment. manag Trade Lnd other creditors Short 1prm creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result n the transfer of funds to a third party and the amount due to settle the obligation can be ed or estimated reliably. Creditors and provisions a normally recognised at their settlement t after allowing for any trade discounts due. meas amou Pensi pensi contri n plan under which the company pays fixed contributions into a separate enttty. Once the utions have been paid the company has no further payments obligations. The contributions are ised as expenses when they fall due. Amounts not paid are shown in accruals in the balance The assets of the plan are held Separately from the company in independently administered recog sheet. Page | 12
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz 4head Performing Arts Sthool Notes to the Accounts for the ar ended 30 April 2022 2. Com any Status The co capital. pany is an unregistered private company run by the trustees and does not have any share 3. Statekent of Financial Activites- prior year Unrestricted funds 20ZI Restricted funds 2021 Total funds 2021 INCOM NG FUNDS Incomiyg and emdowments from: Donations and grants Cha table activities Other trading activites TOTAL NCOMING RESOURCES 21,212 20,063 79,026 2.280 100,238 22,343 41,279 81,306 122,585 RESOU CES EXPENDED Rai5 ng funds Char,.itable activites Othèr TOTAL ESOUCES EXPENDED 1.920 45,603 2,064 49,587 1.920 120,297 2,064 124,281 74.694 74.694 NET IN OMING RESOURCES FOR THE YEAR -8,308 6,612 -1,696 RECO ILIATION OF FUNDS Total F nds Bought Forward 26.037 29,395 55,432 TOTAL FUNDS CARRIED FORWARD 17,729 36,007 53,736 Page | 13
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz head Performing Arts School Notes to the Accounts for the ar ended 30 April 2022 4. Inco e from donations and grants Unrestrirted Restrirted Total 2022 Total 2021 Donatio Grants Kick Job Lon Gett s < £5,tXK) £5,(K)O art Scheme etention Scheme {HMRCI n Wave- Dance Connect ng Active 129 2CK> 32.326 3.478 200 32.326 3,478 24,697 1,5(Kl 32,033 44,213 23,796 21,083 24.697 1,5C 32,033 44,213 23,796 Big You Harr ttery- Dance Giants 2 g Londoners Fund-Dance Giants ngey Inclusive Club 47,592 1,221 23,713 1,5CH) 5,000 CAF Lon on Youth - Good for GÈrls Foylès Foundation Grant Wol 4,300 22,107 702 153,348 4,300 22,107 702 189,356 36.008 100,238 5. Inco e from charitable activites Unrestrirted Restylrted Totsl 2022 Total 2021 SA gency Cla5 Fees Cla Fijnding EveNt Ticktes Mer handise 5,773 5,773 9,595 4.218 3,274 20 22,880 2,280 14,681 4,180 1,202 9.59S 4,218 3,274 20 17,107 5,773 22,343 6. Inc me from investments Unrestricted Restricted Totsl 2022 Total 2021 k interest Page 14
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz IAhead Performing Arts School Notes fo the Accounts for the ear ended 30 April 2022 7 Ex endlture on raising fvnd5 Unrestrfcted Restrirted Total Total 2,021 2022 rketingJAdvertisin8 Web Costs 3.063 75 3,138 1,942 5,005 75 5,080 658 IT 1,262 1,920 enditure on charitable activities Charitable Support & Activities Governance Total 2022 Total 2.021 st of sales nagement fees ministrator 153,611 27,825 153.611 55,650 4,553 536 74.694 20,372 4,003 372 142 1,792 27,825 4.553 536 rage costs urance/LicenceslSubscriptions okkeeping Ice expenses 2,057 5,923 1,325 42.219 2,057 5.923 3,974 226,304 2,649 184,085 1,108 102,483 hÈr expenditure Support & Governan Total 2022 Total 2,021 countancy fees ortisation, depreciation. impèirment. profft/loss on sposal of fixed assets 1.200 1.2CK) 2,064 1,2 1,200 2,064 io Total 2022 Total 2021 laries and wages cial security costs ensions costs aff Trainin8 and Human ReSoUrS 115,428 13,661 2,309 738 17,155 562 96 132,136 17.813 Page | 15
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz pknead Performing Arts School Notes to he Accounts for the v ar ended 30 April 2022 12 Deb ors 2022 2021 Tra debtors 14.693 14,693 9,771 9,771 13 Cre itors 2022 2020 Tra Oth Bar credttors r taxes and social securtty 'lays Loan 2.653 4.145 252 7,050 5,733 92 5,825 14Mo ement in funds At l April 2021 Incoming resour5 lincluding other gains1105ses) Rescources expended At 31 March 2022 Re ricted funds: 36,(X)7 159.121 -162,725 32.403 36,1XJ7 159,121 -162,725 32,403 Un estritted funds: eral funds 7.729 io,Tr 53.118 9,859 -9,012 10.000 Re rves 17,729 988 Page |
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz Ahead Performing Arts School Detailed Statement of Financial Activites for the ear ended 30 April 2022 Incom frorn donations and grants Unrestricted Re5trirted funds funds Total 2022 Total 2021 Incom from: Donations Dc4iations < £5,000 Grants., Gr 129 nts < £5,(KJO Kick5tart Scheme Job Retention Scheme IHMRCI London Wave- Dance Connect Getting Active Base Lottery- Dance Giants 2 Yotjng Londoners Fund-Dance Giants Harringey Inclusive Club CAF London Youth- Good for Girls Foyles Foundation Grant Wolf 2(X) 32.326 3,478 200 32.326 3,478 24,697 1,500 32,033 44,213 23,796 21,083 24,697 1,5 32,033 44.213 23,796 47,592 1.221 23,713 I,S(J) 4.300 4.3 22,107 22,107 702 702 153,348 189,356 36,(N38 100,238 Charit ble activities Agency ss Fees ss Funding ent rickets erchandise 5,773 5,773 9.595 4,218 3,274 20 22,880 2,280 14.681 4,180 1,202 9.595 4.218 3,274 20 17.107 5,773 22,343 nk interest Total ncome 53,118 159,IZI Z12.239 122.585 Page117
Docusign EnvÈlope ID." 1B4B24EU179446A-899W3E45E5659C5B Streetz Ahead Performing Arts School Detailed Statement of Financial Artivites for the year ended 30 April 2022 Expen Itu on: rketinglAdvertising tin& Postage and Stationery ject Staffing ject Administrator ject Delivery rage costs urances, Licensin9, Safeguarding 3.063 3.974 10.984 1,942 5.005 3,974 56,665 4,553 19,839 536 621 91,193 658 Pri Pr Pr Pr St 45.681 4.553 8,167 4,003 74,694 1,480 142 80,977 11,672 536 621 30,850 60,343 Gover ountancy Fees okkeeping ependent Examination 5,923 300 7.123 5.923 300 7,123 989 175 2,064 In Employee costs.. nagement fees laries and wages cial security costs nsions costs 27,825 27,825 59.778 13,661 919 199 55,650 59,778 13.661 2.309 199 539 102,382 132,136 20,372 17,155 562 1.390 96 ff training and welfare man resources 539 29,754 38,185 Genepl administrative Costs, induding depreciation and amortisation surance 2.057 75 2,132 2,057 75 2,132 1,793 1.262 3,055 Software and ConsLbmables Total xpenditure 69.859 162.725 23Z,584 IZ4,281 Netl xpenditure)lincome -16.741 -20,345 -1,696 Net lexpenditure)Ilncome before other gainslllosses) ther Gains -16.741 -20.345 -1,696 Net ovements in fvnd5 -16.741 -20.345 -1,096 Reco ciliation of funds: Total ffursds bought forward Totsl funds carried fonvard Page | 18 17.729 36,007 32,403 53,736 33,391 55,432 53,736