INTE AKT ANN AL REPORT li.. 23-24
InteraKt Community is a charity based in Newbury,West Berkshire.
We support and celebrate adults with learning, physical and sensory challenges through the prism of creativity and the arts.
We excel at providing opportunities in dance, drama, videography, music production, arts and crafts, and life skills.
Our participants flourish within the safe, welcoming, and professional environment we cultivate. Regular access to creative classes empowers our participants to develop new skills while fostering a strong sense of identity and purpose.
In addition to offering daily classes and clubs, we collaborate
with professional actors and filmmakers
whenever possible to produce remarkable performances, placing our participants at the core of every production. These efforts profoundly enrich the lives of all involved.
At InteraKt, we are passionate about creativity and champion its transformative power at every opportunity. Creativity, to us, extends beyond performances and artistic expressions—it is a way of life. By embracing this philosophy, we consistently create new opportunities and possibilities. This dynamic approach allows us to deliver tailored services that ensure meaningful engagement at every individual’s ability level.
change
2024 has been a year of change at InteraKt. We have said goodbye to a facilitator, bookkeeper, and founder in roles that have/are currently being refilled, bringing a new approach to add to an experienced existing team.
Over the summer, we trialled a new project called the ‘Summer Blockbuster’ in which participants from 15-22 years of age worked with our facilitators to create a short film in one week. Participants met each other for the first time, decided on the genre, and developed the story on Monday. By Friday, they finished the edit and watched the finished product. It was an incredible project, and participants left with further teamwork skills increased selfconfidence and drastically enhanced video production skills.
Straight away after the Summer Blockbuster, we ramped into work for August’s InteraKt Fashion Show; after five years away, we travelled to Arlington Arts to take our audience on a round-the-world fashion trip, showing off the best styles from multiple countries, which delved not only into sartorial choices of a nation but its food, culture and language.
Our founder and CEO, Tsippy McAuliffe, stepped down in September, replaced by Tom Broadfoot as Charity Director. After 13 years, Tsippy’s departure is a significant transition for the organisation, and we will employ considerable time, effort, and resources to aid in this transition.
l rl . Ambition
modernisation program in our finance, streamlining processes using technology.
Charles Mollet joined us as illness cover and has thankfully stayed on. He’s an experienced facilitator coming from 2 previous LD charities and is a specialist in inclusive technology.
We are in the process of advertising for a new member of staff who will focus on pastoral care and wellbeing, showcasing our renewed focus on the mental health of our participants and their further support network. We believe this staff member will allow us better mental health in our community and the bandwidth for our
other facilitators to be more ambitious and inclusive in their session work.
At the same time, a project to modernise our technology has been undertaken with the adoption of Microsoft 365 and the purchasing of new hardware for both
We have a new Bookkeeper in, Mei Dyke, who has joined us and spearheading a
Events
Valentines disco 10th February Dance show 11th April
Reakt/Arlington Arts announcement 24th May Summer Blockbuster 19th August Fashion Show 21st September Christmas Disco 14th December
computing and music production, allowing us to stretch ourselves creatively whilst streamlining processes and automating tasks.
Modernisation continues in other areas, too. We have started a project to modernise our video production and stage hardware called ‘Scene 2’, which we will begin fundraising in the new year.
2025 will also see a differing approach in how we deliver sessions. We are trialling our ‘make some noise program’, which will give each month a theme centred on personal and community growth. This kicks off in January with the appropriately named ‘New beginnings’ followed by ‘Who am I?’, ‘Who are you’ and ‘Facing challenges’ in February, March and April, respectively.
2nd collaboration we have undertaken since becoming an Arlington Arts resident theatre company (the first being August’s fashion show).
Reakt, being a resident theatre company of Arlington Arts, gives Reakt its own home alongside its own strategic goals and gives us access to its technical and theatrical acumen. We hope to further grow this partnership with InteraKt events in the coming year.
NEW OPPORTUNITIES
The coming year promises to be full of new ideas at InteraKt as we are in the planning stages for a West Berkshire-wide talent show!
We are also undertaking a new year long scheme of creative focuses based on self improvment with a new aspect every month
We have also started preliminary talks to work in international collaboration!
This approach allows us to emotionally and creatively focus our participants and staff to allow greater exploration and more developed results.
Our still-young theatre production, Reakt Theatre, is undertaking its next production, Peter Pan, in January under the direction of its new creative director, Lizzie Lewis. The production will be the
Registration number= 07848672 Interakt Community Limited (A company limiled by guarantee) Annual Report and Unaudited Financial Statements for the Year Ended 29 February 2024 EJBC Chartered Accountants 2 Toomers Wharf Canal Walk Nethury Berkshire RG14 IDY
Interakt Community Limited Contents Company Inforniation Directors, Report Accountants, Report Profil and Loss Account Balance Sheet Statement of Changes in Equity Notes lo the Unaudited Financial Statements 7t09
Interakt Community Limited Company Information Direetors J S Hunter A Higgins H L Green T Broadfoot D Bradshaw Registered office Newbury Rugby Club Monks Lane Newbury RG14 7RW Aeeount4nts EJBC Chartered Accountants 2 Toomers Wharf Canal Walk Newbur). Berkshire RG14 IDY Page I
Interakt Community Limited Directors, Report for the Year Ended 29 February 2024 The directors present their report and the financial statements for the year ended 29 February 2024. Direetors of the company The directors who held office during the year were as follows- J S Hunter A Higgins H L Green D Bradshaw The following director was appointed after the year end.. T Broadfoot {appointed l July 20241 Principal activity The principal activity of the company is provision of services for people with disabilities Sm411 companies provision statement This report has been prepared in accordanLe with the special provisions relating to companies subject to the Small companies regime within Part 15 of Ihe Companies Act 2006. Approved and authorised by the Board on 15 Oclober 2024 and signed on ils behalf by.. H L Gr¢en Director Page 2
Chartered Accountants, Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of Interakt Community Limited for the Year Ended 29 February 2024 In order to assist you io fulfil your dulles under the Companies Act 2006. we hav¢ prepared for your approval the accounts of Interaki Community Limited for the year ended 29 February 2024 as sel oui on pages 4 to 9 fr(Trm the company's accounting records and from infonnation explanations you have given us. As a praclising member fim) of ihe Institule of c.hartered Accountants in England and Wales (ICAEWI, we are subje¢t to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation. This report is made solely lo the Board of Directors of Interakt Community Limited, &s a body. in accordance with the terms of our engagemeni letter. Our work has been undertaken solely io prepare for your approval the accounts of Interdkt Community Limited and state those marters thai we have agreed to slate to the Board of Director5 of Inlerakt Community Limited, as a body. in this report in accordance with ICAEW Technical Release 07116 AAF. To the fullest extenl pem)itted by law. we do not accept or assume responsibility to anyone oiher than Interakt Community Limiled and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Interaki Community Limited has kept adequate accounting records and to prepare statutory accounts Ihat give a true and fair view of the assets, liabilities, financial position and profil of Interakt Community Limited. You consider that Interakt Community Limiled is exempt from the slatulory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Interaki Community Limited. For this reason, we have not verified the accuracy or compleieness of the ac¢ounling records or inforniation and explanations you have given to us and we do noi, therefore, express any opinion on the statutory accounts. EJB hartered Accountanis 2 Toomers Wharf Canal Walk Newbury Berkshire RG14 IDY 15 October 2024 Page 3
Interakt Community Limited Profit and Loss Account for the Year Ended 29 February 2024 2024 2023 iyote Turnover 228.996 198.507 Cost of sales (26.8681 (8,631) Gross surplus 202,128 189,876 Administrative expenses 1186,106} (173,209) Operaling surplus 16.022 16,667 Surplus before lax 16,022 16,667 Surplus for the financial year 16,022 16.667 The above results were derived from Continuing operations. The company has no recognised gains or losses for the year other than Ihe resulis above. The notes on pages 7 10 9 fornj an integral part of these financial statements. Page 4
Interakt Community Limited (Registration number.. 07848672) Balance Sheet as at 29 February 2024 2024 2023 Note Fixed assets Tangible assets 1,580 Current Assets Debiors Cash at bank and in hand 20,802 189.552 20,835 174.372 210,354 195,207 Creditors.. Amounls falling due within one year Net current 4ssels 128,9191 (30,189) 181,4.15 165.018 Net 4syet$ 182,620 166,598 Reserves Relained earnings 182.620 166,598 Surplus 182,620 166.598 For the financial year ending 29 February 2024 the company was enliiled to exemption from audit under section 477 of Ihe C"ompanies Act 2006 relaiinbp to small coiiipaniis. Directors, responsibilities.. The members have not required Ihe company lo obtain an audit of 115 accounts for the year in question in accordan¢e wilh seclion 476,. and The directors acknowledge their responsibilities for complying with Ihe requirements of the Act with respect lo accounting records and the preparation of accounts. These financial statemen15 have been prepared in accordance with the special provisions relating to companies subject lo the small companies re811¢ wiihin Part 15 of the Companies Act 2006. Approved and aulhorised by the Board on 15 Ociober 2024 and signed on its behalf by.. H L Green Dire¢tor The notes on pages 7 to 9 forni an integral part of these financial 5tatementS. Page 5
Interakt Community Limited Statement of Changes in Equity for the Year Ended 29 February 2024 Retained earnings TotAI At l March 2023 Surplus for the year 166.598 16.022 166,598 16,022 At 29 February 2024 182,620 182,620 Retained earnings Total At l M8r¢h 2022 Surplu5 for the year 149.931 16,667 149,931 16,667 At 28 February 2023 166.598 166,598 The note5 on pages 7 to 9 fomi an integral part of these financial statements. Page 6
Interakt Community Limited Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024 l General information Th¢ Company is a company limited by guarantee, incorporated in England and Wales. and consequently does not have share capital. Each of the members is liable to contribuie an amount not exceeding £1 towards the &ssets of ihe company in the event of liquidation. The address of its registered oifice is.. N¢'bury Rugby Club Monks Lane Newbury RG14 7RW These financial Statements were authorised for issue by the Board on 15 October 2024. 2 Accounting policies Summary of significant Accounting policies gnd key aeeounting estimates The principal accounting policies applied in ihe prepara(ion of these financial statements are sel out below. These policies have been consistently applied to all the years presented, unless othenvise stated. St4tement of compliance These financial slalements have been prepared in accordance wilh Financial Reporting Standard 102 Section IA smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland, and the Companies Act 2006 (as applicable to companies subject lo the small companies, regimel. Basis of preparAtion These financial staiements have been prepared using the hisiorical cost convenlion except that as disclosed in the accounting policies certain ilems are shown ai fair value. Going concern The financial statements have been prepared on a going concern basis. Revenue recognition Tumover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Tumover is shown nel of saleslvalue added t&x, returns, rebates and diseount5. The company recognises revenue when.. The amount of revenue can be reliably measured: it is probable that future economic benefits will flow to the entity- and specific criteria have been met for each of the company's activities. Tangible assets Tangible ass¢15 are slated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulaled impairn]enl losses. The cost of tangible assets includes directly attributable incremenlal cost5 incurred in their acquisition and installation. Page 7
Interakt Community Limited Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024 Depreciation Depreciation is charged so as to write off the cost of assels, other than land and properties under construction over their estimated useful lives, as follow5.. Asset elass Fixture and fittings Cash and tash equivalents Cash and cash equivalent5 Comprise c&8h on hand and call deposits. and other short-ierni highly liquid investmenls that are readily convertible to a known amounl of cash and are subject to an insignificant risk of change in value. Deprecigtion method and rate 250/0 reducing balance Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfom)ed in the ordinary course of business. Trade debtors are recognised inilially al the transaction price. They are subsequently measured al amorti5ed cost using the effective interest method, less provision for impairnient. A provision for the impairn)ent of trade debtors is established when there is objective evidence that the company will not be able lo collect all amounts due according to the original tern15 of the receivables. Trade Creditors Trade ¢redilors are obligations lo pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accourkts payable are ¢lassified as current liabilities if the company does not have an unconditional right, at Ihe end of the reporting period, to defer settlement of Ihe creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting dat¢, Ihey are presented as non-current liabilities. Trade creditors are recognis¢d initially at the Iransaction price and subsequently measured al amortised Cosl using the effective interest method. Defined contribution pension obligation A defined contribulion plan 15 a pension plan under which fixed contribulions are paid into a pension fid and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold suificient assets to pay all employees the benefits relating lo employee service in the curreni and prior periods. Coniribulions to defined contribution plans are recogni5ed as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the exces5 is recognised as a prepayment. 3 Staff numbers The average number of persons employed by the company (including direclors) during the year. was 7 (2023 7). 4 Profit before t4X Arrived at after charging/lcrediling} 2024 2023 Depre¢iation expense 394 526 Page 8
Interakt Community Limited Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024 5 Tangible assets Furniture, rittings and equipment Total Cost or valuation Ai l March 2023 6,467 6,467 At 29 February 2024 Depreciation At l March 2023 Charge for the year 6,467 6,467 4,887 395 4,887 395 At 29 February 2024 Carrying amount 5,282 5,282 At 29 February 2024 1.185 1,185 At 28 February 2023 1,580 1.580 6 Debtors 2024 2023 Current Trade debioTS 20,802 20,835 20,802 20,835 7 Creditors Creditory: amounts falling due within one year 2024 2023 Due within one year Trade creditors Taxation and social security Accruals and deferred income Other crediiors 1,170 3,860 3,025 240 25,654 25,159 28,919 30,189 Page 9
Interakt Community Limited Detailed Proflt and Loss Account for the Year Ended 29 February 2024 2024 2023 Turnover (analysed below) 228,996 198,507 C05t of sales (analysed below) 26.8681 8,6311 Gross surplus 202,128 189.876 Gross 5urplu5 (Q/o) 9.$.65 /0 Admini%tr4tive expenses Employment costs (anal)'sed below) Establishment costs (anal)'sed below} General adn)inislralive expenses {analysed below) Finance Charges (analysed below) Depre¢ialion costs {analys¢d below) 1152.2061 21,9371 (11,3171 2521 (394) (143,641) (20,418) (8,462) (1621 (5261 186,106) {17.3,209} Operating surplus 16,022 16.667 Surplus before tax 16,022 16,667 This page does not fonn part of Ihe statutory financial statements. Page 10
Interakt Community Limited Detailed Profit and Loss Account for the Year Ended 29 February 2024 2024 2023 Turnover Sales - Club invoicing Sales - Services Donations Other income Grants income 9,145 192.879 4,562 899 21.511 8,812 173,972 923 1,021 13,779 228,996 198,507 Cost of sales Materia15 Goods 12th Night Project Direct Costs Subcontract ¢ost Grant Funding 1905) (1,180) (5,419) (521} 113.171) (5,672) (313) (668) (50) (666) (5.950) {984) (26,868) (8,631) Employment Costs Wages and salaries (excluding director5) Staff NIC (Employers) Staff pensions (Defined contribution) Staff training Staff welfare (144,299) (4,669) (2,418) (425) (395) (128,922) (11,243) {2,713) (667) (96) (152,206) 1143,641) Estsblishment Costs Rent Rates Light, heat and power Insurance Repairs and renewals 116,000} (3,605) {1,0691 (590) (673) (15,999) (3,018) (960) (441) (21,937) (20,418) General Administrative expenses Telephone and fax Office expenses Computer software and maintenance costs Printing, poslage and stationery Cleaning Travel and 5ubsi5tence Advertising Customer entertaining Idisallowable for lax) (743) (483) (1,962) (403) 13,625) {468) {1,119) {342) (263) {769) (645) (271) {2,844) (344) (1,638) (701) This page does noi fonn part of the statutory financial slatemenls. Page 11
Interakt Community Limited Detailed Profit and Loss Account for the Year Ended 29 February 2024 2024 2023 Accountancy fees Consultancy fees Professional indemnity insurance Bad debts written off (240) 1396) (1,101) 1435) (240) (159) (5881 (11,317 8,462 Finance charge$ Bank charges (252) (162) Depreciation costs Depreciation of fixtures and fittings lowned) (526) This page doe5 not forni part of the statutory financial statements. Page 12
Virtual Cabinet Portal Digital Signatures Dlgital Signature Verification You can verify that this is a genuine Virtual Cabinet Documont Portal signed document by uploading it to the following Secu web page= https'.lkn.virtualcabinetportal.comlVerifySignedDocument Signature Dates and Times All dat8s and times shown in the signatu$ bèlow are expressed in Coordinated Universal Time IUTCI, which is generally equivalent to GMT. You can find out more about UTC al th8 following web pag8- http."IlwvAY.virtualcabinelportal.comMh8tlsUTC Signature 1 Swned by Hannah Gr88n using authentication code c014T2x2aXhWUWFF at IP address 86.173.149.198. on 2024110122 14.'39.'20 Z. Hannah Gr88n's e-mail address is.. camellia.¢ottage2017@gmail.com.
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trustees Interakt Community On accounts for the year ended 29 February 2024 Charity no (if any) 1161572 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and basis of report As the charity's trustees, 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 Trust's accounts carried out under section 145 of the 2011 Act and 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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records", or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. 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. Signed: Date: 1511012024 Name: Emma Thomas Relevant professional qualification(s) or body {if any): ICAEW Address: EJBC, 2 Toomers INharf, Canal Walk Newbury RG14 1DY IER Oct 2018
Section B Disclosure Only complete if the examinei needs to highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018