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2024-03-31-accounts

The Childrens Art School

Charity number 1161225

Annual Report and Financial Statements

for the year ended 31 March 2024

The Childrens Art School

Annual Report and Financial Statements for the year ended 31 March 2024

Contents Page
Trustees' report 2 to 3
Examiner's report 4
Receipts and payments account 5
Statement of assets and liabilities 6
Notes to the accounts 7 to 8

Prepared by West Yorkshire Community Accountancy Service CIO

1

The Childrens Art School

Trustees' report for the year ended 31 March 2024

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Catherine Patel Julie Eustance Jael Williams Shafina Akhtar

Sally Brown Maire Tracey

Resigned April 2023 Resigned March 2024

Appointed April 2023 Resigned August 2024 Appointed January 2023 Appointed January 2023

Charity number

1161225

Registered in England and Wales

Registered and principal address Bankers 22 Back Lane The Co-operative bank Holmfirth P O Box 250 Huddersfield Skelmersdale HD9 1HG WN8 6WT

Independent examiner

E J Beverley FCCA

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 9 April 2015.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed at a meeting of the trustees.

Objectives and activities

The charity's objects

To promote the education of children and young people in the United Kingdom, particularly in West Yorkshire, by: providing visual and other arts classes and workshops advising and training teachers and arts facilitators; and raising awareness of the value of teaching creativity and innovation and its impact on the development and well-being of children and young people.

The charity's main activities

Providing art classes and workshops for children and young people through Saturday Art School, after school clubs and experience days for schools.

Providing CPD training for teachers

Creating art works with children and young people for public display, arts festivals and community events.

2

The Childrens Art School

Trustees' report (continued) for the year ended 31 March 2024

Objectives and activities (continued)

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education and the advancement of the arts and heritage.

Achievements and performance

Financial review

The net receipts for the year were £52,947, including net receipts of £50,163 on unrestricted funds and net receipts of £2,784 on restricted funds after transfers.

Reserves policy

The charity's free reserves, at the year end were £60,749.

TCAS current reserves policy aims to hold reserves of 3 months operating costs for the purpose of enabling the smooth running of the charity and to enable allow for an orderly winding up should the charity need to close.

The free reserves are currently above this limit but will be used for organisational development and to further the aims of the charity.

Approved by the board of trustees on 28/01/2025

Jael Williams (Trustee)

3

The Childrens Art School

Independent examiner's report to the trustees of The Childrens Art School

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2024, which are set out on pages 5 to 8.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

E J Beverley FCCA

29/01/2025

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

4

The Childrens Art School

Receipts and payments account for the year ended 31 March 2024

Notes
2024
Unrestricted
funds
£
Receipts
Grants and donations
(2)
50,004
Sales and fees
56,625
Total receipts
106,629
Payments
Salaries and NIC
29,306
Freelance teachers and artistes
14,690
Rent
5,671
Materials and resources
10,363
Equipment
1,323
Marketing
621
Travel expenses
149
Subscriptions
340
Insurance
601
Miscellaneous
461
Accountancy and Independent examination
792
Organisational development
350
Legal and professional
-
Phone and internet
444
Printing
-
Outreach
-
Total payments
65,111
Net receipts / (payments)
41,518
Transfers between funds
8,645
Net movement in funds
50,163
Fund balances brought forward
10,586
Fund balances carried forward
(3)
60,749
2024
Restricted
funds
£
80,951
10,598
91,549
15,711
46,606
3,053
3,475
2,930
5,510
71
-
614
972
-
1,178
-
-
-
-
80,120
11,429
(8,645)
2,784
29,203
31,987
2024
Total
funds
£
130,955
67,223
198,178
45,017
61,296
8,724
13,838
4,253
6,131
220
340
1,215
1,433
792
1,528
-
444
-
-
145,231
52,947
-
52,947
39,789
92,736
2023
Total
funds
£
96,652
69,694
166,346
26,263
76,289
4,336
19,785
2,504
5,939
249
426
952
918
751
-
42
433
158
500
139,545
26,801
-
26,801
12,988
39,789

5

The Childrens Art School

Statement of assets and liabilities

as at 31 March 2024
2024
Unrestricted
£
Cash funds
Cash at bank
60,749
Total cash funds
60,749
Liabilities
Accruals
2024
Restricted
£
31,987
31,987
2024
Total
£
92,736
92,736
2024
£
990
990
2023
Total
£
39,789
39,789

The financial statements were approved by the board of trustees on 28/01/2025

Jael Williams (Trustee)

6

The Childrens Art School

Notes to the accounts

for the year ended 31 March 2024

1 Accounting policies

Basis of accounting

The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.

There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

7

The Childrens Art School

Notes to the accounts continued

for the year ended 31 March 2024

2 Grants and donations
Arts Council England
One Community
Kirklees Council
National Lottery Community Fund
Local Giving
Awards 4 All
Chol Arts
Little Lives UK
Didymus
Sir George Martin Trust
Chaps West Riding
Holme Valley Parish Council
Other donations
3 Restricted funds
Balance b/f
£
Intergalactic hudds
-
Little Makers Dewsbury
24,214
Maker World
4,989
29,203
2024
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
50,004
50,004
Incoming
£
34,461
6,826
50,262
91,549
2024
Restricted
funds
£
27,100
1,000
3,500
47,593
500
-
-
-
-
-
-
-
1,258
80,951
Outgoing
£
31,461
24,699
23,960
80,120
2024
Total
funds
£
27,100
1,000
3,500
47,593
500
-
-
-
-
-
-
-
51,262
130,955
Transfers
£
(3,000)
(4,200)
(1,445)
(8,645)
2023
Total
funds
£
76,632
-
-
-
-
8,275
860
1,500
2,000
3,100
2,500
1,000
785
96,652
Balance c/f
£
-
2,141
29,846
31,987

Purpose of restriction

Fund name Purpose of restriction Intergalactic hudds Intergalactic Space Jungle project providing a participatory visual arts project for children and families in Huddersfield town centre during the summer of 2023. The transfer relates to management charges. Little Makers Dewsbury To deliver a Maker World offer in Dewsbury. The transfer relates to management charges. Maker World To fund a regular MakerWorld offer for children and families. The transfer relates to management charges.

4 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

8