STREETZ AHEAD PERFORMING ARTS SCHOOL CHARITY NO.1160702 REPORT OF THE TRUSTFES AND FINANCIAL STATEMENTS 30 APRIL 2023
TABLE OF CONTE14TS Cohte 24 IndeFendent Exarn*¢s Ball11et I17 De¢atd siaterntof FxwrwlA(#b4lYs 1&19
STREETZ AHEAD PERFORMING ARTS SCHOOL rt ofthe Tr•¥tt riodlma 2022 1• rii 211 The TTUStets aTE also directors of the cljarity forthe pllry of the Conwies Act 2006. prcsrnt thcirrrport with the statcrnents of thc ckntty for thc peri] l May 2022 to 30 April 2023. The Tnuteu bave adopted the Frovision5 of the Statement of Recommended Pracu'ce ISORPI 'AccrAullin8 and Reporting by Clwities. issues in MatcFA 2LK)S. REFERLNCE ADMtNISTRATATIVE DETAll3 R¢stcr¢d Cornpany numbcT IEllg]aThl aThl Wales) Re8irtered Charity I IfA1702 Regtstertd Offic¢ l Moira Cios¢. N17 6HZ Truste Mrs S Labav Ms M Wiiter Mr D Cope . aFyoiDt&4 01i)312015 - appointed 31ffj312019 - awM)inted 3110312019. Strppcd ¢&)wts: Ms B Stennet Ms M Costa Ms J Bates - 4VOiDted 313022 - appoiDtd 31ffj312022 - appointed 31ffj312018 C•fftpaoy SetretAry & A¢CO&t KaJnt3D Rasb¢cd FLDM Offirc 124 Lonthn ECIV2NJ IAdtp¢ndtnt EX1r Mttbxmmxd Tbir J*mil FCCA 205 Lry Strt Lonth IGI 4BL
5TrEEfz AHEAD PERFORMING ARTS SCHOOL
The chaTity is a awitsbk {CIOI. as defmed by the Charities Act
2011. It ]5 ci>DtsDlled by its govcrn]Dg d([ne( & Cl>D5t[tth dated 14 Novemb 2014.
The cornrAny became a re8iAered chanry with the chan.ty Cornmission for En8Land and
Walu 2 MaTth 2015.
RecrnitiDeNt Appo1wtuW¢ of Tru•te
indithl$ thai are aware of or familiar with the ¢kwiry ard its objeaives. Those
STRLCTLRE. GOI'EKNANCE AND MANAGE.MENT
The trte$ hatre a dw" io iderjiify and review the risks to whicb the tntst ts exwd and to
The $it¢S ha&e a to h411fy alld TeTriew the risks to vknicb trwi is exwd and to
OBJECTIVES ACTIVITES
Objtttlves and Almi
The CIO objc
STREETZ AHEAD PERFORMING SCH(K)L AcH[El MEYfS AND PERFORMANCFS In Ma)" ?0?? strLY AlThl col]atrorared wilh Pl1nM TrThid Wolf to rtrf(hm) kul scknls aAI ihe Communiiy. The t(K>k pl&¢ ai Tr Md)ueen's Thearrt in Green. 8ireeÈz AW Perf(xmtn¥ Ans Scknl {Streett Ahea(ri rwi Mrekly cla5 for JnTrwMI ?CKJ }OYDg perfonners thr l(Yal sclwls OT{ 111)0&1 eyenino cl&&$ kl(l yi Si A TrITeS Prin)ary' S¢hM)l & Willow PrimaTh' Se)1. Try w¥d$ shows and elents. In JUJ) ?01? all tt¢ children from 10 xlwls foned The in Fin¢hk%'. The woduciion was called Int1er atrA)ui the d1iteI lia5 in which 18[ 11& inflrKe young teople. Ikir behaviour. seif-esieem. imaBe rela1t0lPs with othets. In Jiily 20?? some stlthts * pi¢cc frNn the I7£¢r ai Richard Hous¢ IKwice forilir fair. ll DaKe Ciiallts 5tthL8 819) rformed in J Ethi10n calbJ'Thi$ 15 Mc. ai The Berni¢ Gram Affls Ceotre In July ? whKh ahugt sress. Arowjd that time f0Md at sdMx>I fJir% p]u5 pufornd Wolf 81 tht field Fwival Thc cryj of ternj disco took plart in Novemlxy ?022 at The Wilk)w Sdthl. yndrblD AetlvlLle5 st[ Ahd fini51Kd their I)arKe Gi8nis with klayof of Iml(m furmli C111 with their Bi¥ Lonery furdinB in five xhwls in Harin8ey. In Sernemkr ?Q?I streL AlThl cread BASE. whi¢h sthjs for lY SOUI EdLKati a sclKKil-tw¢d iniii4¢ivc that provides the eniire scknl ¢ominuniD' 1th menL71 hea]th wtll-Ftin8 fornaviyaiin¥ l(xkn¥ 5 complex s(Kiety". ()ur Trvewch¢n¥ ¥oal is lo ernPoer the community. ensuring lh eVLY)ollL Eecomes ph)"sicall} and nnllY rii for life. '¢ are rKuvidinK & Sch)[ mentor therapist in a sclKNTrI in CrIckleLt and Plav & SF(rialid drdpLS15 * Richud 140$p% in f4s¢ L¢x¥]L)L continLEd prols1On 1th1n this lime *ithin follo]g 5cIHM)Is Mora Prim8Th' & Fainlav Priff•ry. Ivs S (Tr1 Lhte: D¥ SiEDatures:
YeArEthd J• Aprti z•zJ Awl 2023 ismy respxwbli ity kn: examine accoyn C10 lunderse<thtsn 145(5Hbl c4 theCltIeS Act. and Bats of iidcpeNJtvJt esXmi•tPA repjrt examinalitin carrie41 (iul with Ecll Directm 8i¥n the ckn.iy C(Komih3ion. An ¢x¥rniThati JtTTh'ofth¢ kept bv ond a E(xnpisoL orth¢ aLyJnis ld5. 11 IS) Ih¢S ftoffl thE tru5t<e.% any mthrn.. Tr prO¢LYlU th) nLK pfryLk •ll tbE rv¥k0 Ihai bt required in •)JiL *1 ]5 givo 10 thea(u)unts dts wlth act0 re4uirernentsothw than ary neThtthArthenwrtSBre a Ir and lair whKh is not a mater IFRS10271
1¢> ¥vhich aLknEI Jlwld be in thkl iTr4xtsty)¢nllbi¢ i Takir FfCA ELqaiM 205 L¢ Strt IGI 4BI. DA 18_0l- Ztyi¥
For th¢ y¢•r eodod 30 April 20LI Tottl hr fv¥Js ds Ill1 FU140S Incoff fr.. rkination5 GTrnts 91.235 29. 171.481 262.n8 9.356 i&) 212239 E¥PEPIDED 2.183 6&Jg1 3316 5.59Y IX413 222.614 7.137 21&3Z4 charitab artiY*s 7L674 157.n9 229.413 RESOURCE5 FOR ThEYEAA J3.743 RECOFKIUATK>N OF F05 Totsl Funds 80h¢ Forw¥d &232 314)3 aKI,635 53.736 57.799 53.391
STREEfz AHEAD PERFORMING ARTS SCHOOL B#lan¢e Sbeet For the vear ended 3ll April 2023 2023 2022 FIXED A55EtS Toneible Assets CURRENT ASSErs Debtors Cath •t b•nk and In hand 12 18,8S8 82,380 101238 14.693 25.748 40.441 CREDtroRS Amounts fallirq du¢ within on• y4¥ 13 NET CURREKf ASSETS 103.945 33.391 103,945 33,391 Totsl a55ets ex(knfiry peTrsirn asset or fwbimv 103.945 33391 FUNDS Restricted Incorne Funds unrestrict Income Funds 14 14 14 46.146 40.555 17,244 11)I945 32.403 15,8811 6,869 33391 The notes lorrn part ofthe ffinènts•l stst*m•nts. Akyoyed by on 19 July ?3 on its behalfby". S - Chair
For tke ytar ¢md¢d 30 April 2023 63,310 PO3451 Intere5tarkl reTrts from in4tstynerbts Ilncreasel/DEcrEase In Irarte and other vwi¥ablos h%rease/lDvfftasel in tre other I0} 141651 14J221 DIderJS. Interest ènd renis from vAE5tn Repayment of bDrrowkng IZW2) 25.741 Cash aryl Wk bln$ 25,74¥ ZS,748
srREEfz AHEAD PERFORMING ARTS SCHOOL Notes to the Fi•xllci#h 14tsteThents For the yeAr ended 30 April 2023 bycharitits.. 8tthnel IlfRttnm appli¢abk 10 ¢hwitiC5 weparin¥ thcir iLM)unts in actorde wrtb K¢wting Stklard wlic¥bk in the UK and ubbc of IFRS 102) Icffrdivc l JItrY 2Q151- ICh¥itits SUKi' IFKS 102)I tk Stw¥knl4WM>bl¢ iti the UK ard K£tdJK of ItElaud (FRS IQ2)Jd the Ad 2rth. 11 ) Lhknge tothe a¢eountiDg w]i¢iV• l¥11 m&l¥JJ of ueeS in lurthwance 01lh8 genw Lt¥eeis ol the Revduatk Re&M)snbikn of illcome (SIA) the clthrtty ¢aiitk4 &). viliuTY FA. Voluts). iDuxnc AYiT4ed ty My of 8in% is in the 5L)FA I1¥¥ble 7t*ft
STREETZ AHEAD PERFORMING ARTS SCHOOL N•tes to the Stslem¢wts For ¢he ye#r ended 30 April 2023 tax red•] is iDthc WA 8t th¢ limt a8tt 10 whi¢h il rEie llKILthJ ill Ir{Le{WIlh equi)¢1 •Jbl f¥iliiies rrffjAMbJbl Tha vahje ol any vokjntgor Wi re¢wd i8 nL Iijkw) on 41wji¢ of fix(d This aDy Blin N kwTrsuhiThB fnMyL iHvestrtteDts rnrk vahx * the thj of th¢ )UT. CA410$$e$I inycstmttit &8srts LILthsany VAT 4Jich b¢ full> rtco¥¢¥c4 is of r¢l5. d5 aLlitritiEs deltw ¢lits 1vIlle$ll¥l io the fuojirnceof its Gwts pyabk Ail is jUtrAI Ailual pid b15 Pl •pWOv b> Ihe Tlth inclthtlKW L-usts aSS¥)¢tsi¢¢d '1th rtetingth¢ rn4uim¢xS ofts (Iw&L>". li
srREETZ AHEAD PERFORMING ART5 SCHOOL tht Stitments For the ye•r emded 30 April 2023 TrJt a•rt otber delrt•r4 e4•S¥AlevJ F¢lli lithiliiies. IA the of Fkwx •r•J r4sb ]t of ably It1¢ irL tr4fv5kr ()frw¥Jsw a Ihird pany thr4ThMml thc Jllylil can be Mea1 or¢stim¥¢d Teliahl). c.r01$ and rtuwTriscd attheirxi¢km¢ol fitT 118 fty a tr• diwffiL%d. thc ttili17ns hYe the ¢ompAni has further ptt)'m Ob10 The i]J th¢ shcd. ofik aT¢ h¢W $¢•*1Y the 12
Nots5 to the Stlm¢nts For th¢ yw •ttded 30 April 2023 2. CompxDy S¢•tsJ r4Jitsl. 3. StAterneDt ofFill•ociil AetTvili¢J- Prior Ye•T nds lundi INCQMING FUND5 frDrn.' l)oniions aTrJ Grarts 153,348 189.356 22 17.107 Invesimonts TOTALIIK(IMIMG RE5(KWS 53.1 159.121 212,239 RÉSOURCES EXPEF40ED aaisire fyrNIs CharrfdbSE atll¥lls 5.1gS 57yI 7.123 1.942 160.783 7,137 218.324 7.123 69359 161725 232.584 NET INCOMIMG REXIURCES FOR THEYEAR fl6.7411 p.f) IIOJ451 FUPIDS Toral FuNts 80ht 17.n9 36%? 59.736 32.403 333 13
STrEETZ AHEAD PERFORMING ARTS SCHOOL liot¢s to the Stst¢m¢Thts For the yemr ended 30 Apiil 2023 Total nts Z022 fvTh15 2023 ZQ73 oOnaon5 < £5.C•XI Grant5 < £5.C KKk3tart ScP*me Job RetEntiDn Sth IHlaR London wa. Dance Connert Gemiry Acik 549 12.326 3.478 24,697 24698 24.698 32W3 44213 23.796 B¥ Lollery. DarKe Gts 2 YOU Londoner5 F.DaeG1aI Harfrw IncluM Club LoTrJon Youth- Gt#)d lorGIrt5 Fv44e5 Fouati11n GAnt 73.741 50,014 215.984 73.741 50,014 24,984 21107 702 IAgJS6 1.9541 11?54 714 Totrl fwd5 nd¥ SAfv4eKy aass Fee5 Class F1r E¥ent fKkets 5.773 9.595 4.218 3.274 zo 245x1 24.530 3.736 14
STREEfL AHEAD PERFORMING ARTS SCHOOL N•ls lo tkn Fi•¢6•1¥ S1t¢tts For th¢ y¢r eAdtd 30 April 2023 Total gank tterEst Ic loo 7. Expwthirt on fvmls Totsl 2023 ZD23 n7 1.556 IT¥nd Wob Costs 2.334 3J16 75 s99 2022 COA olsaks Marsagementlees rnknlstr* SIDe c05t5 164955 I9.7 168,965 39.615 153.611 55.650 4.553 536 19M17 112 iiz Bookkeeping 6JlO 4,452 1,587 193225 29.390 Bio 5.913 3.974 221614
Notss to the Fi£1#1$ Si4l¢nsents Fgr the yer tttded 311 -4p 2023 Acthurttsrtyfees ArnOrrisan. deprEa•. 134.(K)S 7.619 3?5 759 145.ZOS 115A28 13.661 Employer Nath1 Pen%on Costs Stsff Trainin8 ITr4 HR 738 UL136 202> 18.858 14.693 I493 2022 Trade Iteditor5 other tsxe5 and sothl secwmy 449 997 1,261 707 12,6531 14.1451 17,050J
STREÉTZ AHEAD PERFORMIMG ARTS SCHOOL Notts to the Stl¢mtmts For the yer ¢*de4130 April 2111J 14. hlo¥JJrnmrt AtWMty At3oW 32m3 J7¥483 1157.Y391 .146 32.3 171A83 1157.739 Goneral fij¥ (9.0121 io.( 121.241 171,6741 40,555 17,244 57.79) 12A.485 71.674 17
D¢tsil¢d of Finanti•l Aetivhltt For Iht yr tmded 3• April 2•23 ants Totalfwm Tofalfunds Incomefrom.. rkinath)rts<f5A 549 549 (knnts < £5,ClXI Kd5tartSchérno Job Retention Stherne LoTrJon Wa4t. Dar**coOtt Ge¢tiryA(trve 2CO 31326 3A78 24.697 24.698 24,698 86.7 73.741 32.033 44.213 Lottery. 0•e Glarts2 73,741 Gkints FU0 lknnt CAF LoThknnY¢xth. forGi 91014 14.984 SO1• 24,984 23,796 21107 7D2 189.3S6 Wo 9L235 171.483 262.718 S4 P4erty Class Fees Oa55 Fyrkjw EtrIckets 24.530 3.736 24530 3.736 9595 4218 3.274 20 21.A) I) i( Totsllrn¥ 17L413 29inJ
Iktailed Sts¢eueAt ofFiM•o¢ial A¢tiwilit4 For the YMT ettded 30 Aprll 2023 markelAthrtrS d Web t05ts Cost of saes Manalementlees AL*nlnistrator Stora8e costs 717 34 48.651 19J17 3.890 84,Z16
915 75 77.050 55.650 4.553 536 3.974 I463 3S.565 I9.7 4.452 77A73 139.982 8c¢JkkeepinE Independent EXamin4tft 610 6.810 5.Y23 8Nio 7,123 Sories andw4es al 5eoJrity CO515 Pen5KJnS C0515 Staff tsaknlng and ).128 .661 1309 GQ.IZ8 13,661 309 2Z3 536 76.857 13.661 199 539 76,486 536 7657 Insurance ITg)ftare and ConsLhNèbl 675 057 1.556 1.556 34 4,565 2J32 7L674 157.739 Z29AIJ 49.566 13.744 io 0.345 Othersains IY.744 IZ0345) Ret0111¥tnoI fiMls: Totsl lund5 bowht for*A 8.232 57.798 32.403 53.736 33.391 103.945