| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent auditor's report to the members | 113 |
| Statement of financial activities (including income and | |
| expenditure account) | 23 |
| Statement of financial position | 24 |
| Statement of cash flows | 25 |
| Notes to the financial statements | 26 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 39 |
| Reference and administrative details | Reference and administrative details | |
|---|---|---|
| Registered charity name | Abandon Normal Devices | |
| Charity registration number | 1161585 | |
| Company registration number | 06054549 | |
| Principal office and registered | 44 Peter Street | |
| office | Manchester | |
| M2 5GP | ||
| The Trustees | J Herring (Chair) | |
| Z Jabbar | ||
| S Bompas | ||
| D Lander | ||
| A Budd | ||
| D Mathias | ||
| K Moffat | ||
| A Gilmore | (Resigned 21 October 2022) | |
| A Urpi | (Appointed 19 July 2023) | |
| E Torun | (Appointed 19 July 2023) | |
| N Jones | (Appointed 19 July 2023) | |
| Company Secretary | R McCullough | (Resigned 15 July 2023) |
| L Hargreaves | (Appointed 23 June 2023) | |
| Auditor | Mitchell Charlesworth (Audit) | Limited |
| Statutory auditor | ||
| 3rd Floor | ||
| 44 Peter Street | ||
| Manchester . M2 5GP |
||
| Bankers | RBS | |
| 38 West Mosley Street | ||
| Manchester | ||
| M2 3AZ | ||
| Solicitors | Brabners LLP | |
| Horton House | ||
| Exchange Flags | ||
| Liverpool | ||
| L2 3YL |
| This | t | able g | ives an overvie | w | of 2022−23 | of 2022−23 | activity. | activity. | activity. | activity. | activity. | activity. | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Activity | **Events ** | Commissions Artists | Participants | Active | Ambient | ||||||||||||||||
| Audiences | Audiences | ||||||||||||||||||||
| 1 i |
, | '..,... | Online Exhibition | / | 1 | 3 | / | 266 | / | ||||||||||||
| folia−rE'.;q−, Online Project |
/ | 1 | 2 | 367 | / | ||||||||||||||||
| „Tota I Create, −,..4.− −tv,, „ , |
t | : | . | 4' ;,i.!§,,, | '−'7i1:— | '.−6.13 ) | |||||||||||||||
| Touring | 6 | / | / | / | 2,650 | / | |||||||||||||||
| I' ., | • | Broadcast | , | / | / | / | / | / | 76,835 | ||||||||||||
| ' , | ...,`) bTeitaliSharee,'7,:' −−"6., ' Residencies / |
−, 1−..... „ ' 'i'i :::,:11'LL,−Z., , f' ,.. , ' , • / 11 |
'1, ',..: ' −,−, −1− −:−,−.4L−,.1.,i:.',,...11 ' 6501 −−4.,.: k.„....L.L„:2−J...:−,x..t, 7 624 |
h,176 8355 / |
|||||||||||||||||
| ' | |||||||||||||||||||||
| DEVELOP1 , − |
Research Total Develop |
1 / |
/ / |
5 16 |
/ 7 |
5,000 5,624 |
,. | / I |
|||||||||||||
| . . |
, | , | |||||||||||||||||||
| ‘"`,.:. " • |
, | • | , , | . | , • . ,_ | ||||||||||||||||
| **Total ** | Programme | 7 | 2 | 21 | 7 | 8,907 | 76,835 |
| he Trustees review the ma entified were: |
jor | risks that co | uld | impact on AND quarterly, the main 2022−23 r |
|---|---|---|---|---|
| Risk | • | Mitigation | ||
| . | ||||
| STRATEGIC −Sustaining |
salaries at |
a | Salary increases phased approach across | |
| competitive rate including pension increases. | Business Plan lifespan. Consider job shares / | |||
| Minimum wage increases | . | shared services with other cultural |
||
| organisations. | ||||
| POLITICAL−Loss in Local | Authority funding | / | Continued advocacy to senior policy makers. | |
| or strategic funds for AND .Festival 2024 due | Engagement in wider city agendas. Build | |||
| to Brexit/Covidaransition | loyalty and engagement. Upkeep of close | |||
| relationships with delivery teams within local | ||||
| authorities. | ||||
| ,• | ||||
| OPERATIONAL −Capacity | of | the staff teams | Scope new projects/programmes to assess | |
| cannot match the levels of activity required by | organisational impact. Prioritise to do less to | |||
| the organisation, affecting | staff morale and | greater effect. Greater oversight of scheduling | ||
| wellbeing, leading to illness' | and departures. | to prevent 'bottlenecks'. Ensure festival |
||
| activity and resourcing are appropriately |
||||
| matched. | ||||
| FINANCIAL −Festival income unable to raise strategic funds |
target not met, | Review, the Festival budgets, and monitor spend. Offer sponsorship packages at all |
||
| levels. Work in locations and in partnership | ||||
| k, with organisations who have match. | ||||
| FINANCIAL −Inability to attract new project | Regular review of yields and attendance | |||
| partners and co−producers | figures against trends in previous years. |
|||
| Programme balance / what is different and | ||||
| topical | ||||
| FINANCIAL−Rapid /Dramatic | increase in the | Assess salary budgets considering predicted | ||
| rate of inflation resulting |
in | salaries not | inflation and escalating costs. Reduce |
|
| reflecting cost of living | expenditure where possible and |
|||
| maintain/increase contingencies. |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted Restricted | Total | Unrestricted | Restricted | Total | |||
| Note | funds | funds | funds | funds | funds | . funds | |
| Income and endowments | |||||||
| Donationsand legacies | 5 | − | − | − | 450 | − | 450 |
| Charitable activities | 6 | 137,484 | 14,000 | 151,484 | 140,032 | 91,750 | 231,782 |
| Other trading activities | 7 | 1,856 | − | 1,856 | 5415 | − | 515 |
| Total income | 139,340 | 14,000 | 153,340 | 140,997 | 91,750 | 232,747 | |
| Expenditure | |||||||
| Expenditure on charitable | |||||||
| activities | 8, 9 | 190,022 | 2,144 | 192,166 | (83,535) | (437,380) | (520,915) |
| Total expenditure | 190,022 | 2,144 | 192,166 | 57,462 | (345,630) | (288,168) | |
| Netexpenditure and net | |||||||
| movement in funds | (50,682) | 11,856 | (38,826) | 76,274 | (364,442) | (288,168) | |
| Reconciliation of funds | |||||||
| Total funds brought forward | 203,138 | 203,138 | 126,864 | 364,442 | 491,306 | ||
| Total funds carried forward | 152,456 | 11,856 | 164,312 | 203,138 | −203,138 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Note | ||||
| Fixed assets | ||||
| Tangible fixed assets | 16 | 1,199 | 2,364 | |
| Current assets | ||||
| Debtors | 17 | 7,662 | 2,281 | |
| Cash at bank and in hand | 175,378 | 228,762 | ||
| 183,040 | 231,043 | |||
| Creditors: amounts falling due within one year | 18 | 19,927 | 30,269 | |
| . | ||||
| Net current assets | 163,113 | 200,774 | ||
| Total assets less current liabilities | 164,312 | 203,138 | ||
| Net assets | 164,312 | 203,138 | ||
| Funds of the charity | ||||
| Restricted funds | 11,856 | |||
| Unrestricted funds | 152,456 | 203,138 | ||
| Total charity funds | 19 | 164,312 | 203,138 |
| 2023 | 2022 | |
|---|---|---|
| Cash flows from operating activities | ||
| Net expenditure | (38,826) | (288,168) |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 1,165 | 1,162 |
| Interest payable and similar charges | (917) | 2,003 |
| Accrued (income)/expenses | (2,880) | 55,925 |
| Changes in: | ||
| Trade and other debtors | (6,131) | 17,624 |
| , Trade and other creditors |
(6,712) | (6,634) |
| Cash generated from operations | (54,301) | (218,088) |
| Interest paid | 917 | (2,003) |
| Net cash used in operating activities | (53,384) | (220,091) |
| Cash flows from investing activities | ||
| Purchase of tangible assets | .(2,399) | |
| Net cash used in investing activities | (2,399) | |
| Net decrease In cash and cash equivalents | (53,384) | (222,490) |
| Cash and cash equivalents at beginning of year | 228,762 | 451,252 |
| Cash and cash equivalents at end of year | 175,378 | 228,762 |
| Donations and legacies | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | **Total ** | Funds | Unrestricted | Total | Funds | ||
| Funds | 2023 | Funds | 2022 | ||||
| Donations | |||||||
| Donations | — | — | 450 | 450 | , | ||
| .._ |
| Charitable activities | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| Arts Council England (North West) −NPO funding BFI North |
137,484 | 12,000 | 137,484 12,000 |
| Granada Foundation | 2,000 | 2,000 | |
| 137,484 | 14,000 | 151,484 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| Arts Council England (North West)−NPO funding Culture Recovery Fund |
137,484 — |
— 80,000 |
137,484 80,000 |
| The Space | — | 5,000 | 5,000 |
| Festival Box Office | 2,548 | — | 2,548 |
| Cheshire East Council | — | 6,000 | 6,000 |
| Italian Cultural Institute | 750 | 750 | |
| — | |||
| 140,032 | 91,750 | 231,782 |
| Other trading activities | ||||
|---|---|---|---|---|
| Unrestricted Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | |
| Consultancy and speaker fees | 856 | 856 | 450 | 450 |
| Product sales | — | — | 65 | 65 |
| Other fees | 1,000 | 1,000 | — | |
| 1,856 | 1,856 | 515 | 615 |
| Expenditure on charitable activities | by fund type | ||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| Charitable activities | 145,921 | 2,144 | 148,065 |
| Support costs | 44,101 | 44,101 | |
| 190,022 | 2,144 | 192,166 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| Charitable activities | 23,592 | 437,380 | 460,972 |
| Support costs | 59,943 | 59,943 | |
| 83,535 | 437,380 | 520,915 |
| Activities | |||||
|---|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2023 | 2022 | ||
| • | Charitable activities | 148,065 | 32,126 | 180,191 | 504,979 |
| Governance costs | 11,975 | 11,975 | 15,936 | ||
| 148,065 | 44,101 | 192,166 | 520,915 |
| Analysis of support costs | ||
|---|---|---|
| Total 2023 | Total 2022 | |
| £ | ||
| Staff costs | 8,107 | 7,213 |
| General office | 13,336 | 20,158 |
| Human resources | 1,967 | |
| Finance costs | (918) | 2,003 |
| Governance costs | 11,975 | 15,936 |
| Storage | (1,960) | 1,428 |
| Travel & accommodation | 2,639 | 3,423 |
| Consultancy | 558 | 3,240 |
| Depreciation | 1,165 | 1,162 |
| Management accounting & payroll | 5,416 | 5,380 |
| Other legal & professional costs | 1,816 | |
| 44,101 | 59,943 |
| 11. | Governance costs | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Wages & salaries | 2,708 | 3,697 | |
| Accountancy & audit fees | 8,340 | 10,070 | |
| Legal & other professional fees | 318 | 2,040 | |
| Board expenses | 609 | 129 | |
| 11,975 | 15,936 | ||
| 12. | Net expenditure | ||
| Net expenditure is stated after charging/(crediting): | |||
| 2023 | 2022 | ||
| Depreciation of tangible fixed assets | 1,165 | 1,162 | |
| 13. | Auditors remuneration | ||
| 2023 | 2022 | ||
| Fees payable for the audit of the financial statements | 6,340 | 6,000 | |
| Fees payable to the charity's auditor and its associates for other services: | |||
| Audit−related assurance services | 2,000 | ||
| Other non−audit services | 2,070 | ||
| 3==imi | 4,070 |
| The total staff costs and employee benefits for t | he reporting period are as follows: | |
|---|---|---|
| 2023 | 2022 | |
| Salaries and wages Social Security costs |
108,216 4,354 |
137,205 12,115 |
| Pension costs | 2,336 | 3,103 |
| 114,906 | 152,423 |
| The average head count of employees during ull−time equivalent employees during the year |
the year was 5 (2022: 6). The average is as follows: |
number o |
|---|---|---|
| 2023 | 2022 | |
| Number of staff | 4 | 6 |
| Equipment | |
|---|---|
| Cost | |
| At 1 April 2022 and 31 March 2023 | 5,544 |
| Depreciation | |
| At 1 April 2022 | 3,180 |
| Charge for the year | 1,165 |
| At 31 March 2023 | 4,345 |
| Carrying amount | |
| At 31 March 2023 | 1,199 |
| At 31 March 2022 | 2,364 |
| 2023 | 2022 | |
|---|---|---|
| Trade debtors | 193 | 200 |
| Prepayments and accrued income | 7,469 | 2,000 |
| Other debtors | 81 | |
| — | ||
| 7,662 | 2,281 |
| 2023 | 2022 | |
|---|---|---|
| Trade creditors | 11,247 | 14,681 |
| Accruals and deferred income | 8,145 | 11,775 |
| Social security and other taxes | — | 3,813. |
| Other creditors | 535 | |
| 19,927 | 30,269 |
| At 1 April | At 31 March | |||||
|---|---|---|---|---|---|---|
| 2022 | Income | Expenditure | Transfers | 2023 | ||
| General funds | 203,138 | 139,340 | (190,022) | 152,456 | ||
| At 1 April | At 31 March | |||||
| 2021 | Income | Expenditure | • | Transfers | 2022 | |
| General funds | 126,864 | 140,997 | (83,535) | 18,812 | 203,138 |
| Restricted funds | |||||||
|---|---|---|---|---|---|---|---|
| At | At 31 March | ||||||
| 1 April 2022 | Income | Expenditure | Transfers | 2023 | |||
| BFI | 12,000 | (2,144) | 9,856 | ||||
| Granada Foundation | 2,000 | − | 2,000 | ||||
| 14,000 | (2,144) | 11,856 | |||||
| At | At 31 March | ||||||
| 1 April 2021 | Income | Expenditure. | Transfers | 2022 | |||
| £ . | £ | £ | . | £ | £ | − | |
| Festival Fund | 206,809 | 5,000 | (406,879) | 195,070 | − | ||
| BFI British Council |
6,500 | − | (6,500) | ..− | |||
| (Indonesia | |||||||
| Producer/Curator | |||||||
| Exchange) British Council (One |
•7,966 | − | (7,966) | ||||
| Fifth of the Earth's | |||||||
| Surface) • |
3,500 | − | (3,500) | − | |||
| Culture Recovery Fund | 139,667 | 80,000 | − | (219,667) | |||
| Granada Foundation Impossible Perspectives |
− − |
− 6,750 |
− (12,535) |
•− 5,785 |
|||
| 364,442 | 91,750 | (437,380) | (18,812) | 11111.11 |
| 20. | Analysis of net assets between funds | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2023 | ||||||
| Tangible fixed assets | 1,199 | — | 1,199 | |||||
| Current assets | 166,602 | 16,438 | 183,040 | |||||
| Creditors less than 1 year | (15,345) | (4,582) | (19,927) | |||||
| Net assets | 152,456 | 11,856 | 164,312 | |||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds | Funds | 2022 | ||||||
| Tangible fixed assets | 2,364 | 2,364 | ||||||
| • | Current assets | 221,589 | 9,454 | 231,043 | • | |||
| Creditors less than 1 year | (20,815) | (9,454) | (30,269) | |||||
| Net assets | 203,138 | • | 203,138 | |||||
| 21. | Financial Instruments | |||||||
| The carrying amount for each category of financial instrument is as follows: | ||||||||
| **. ** | 2023 | 2022 | ||||||
| **Financial assets that are debt instruments measured at amortised ** | cost | |||||||
| Financial assets that are debt instruments measured at amortised | ||||||||
| cost | 183,040 | 231,043 | ||||||
| Financial liabilities measured at amortised cost | • | |||||||
| Financial liabilities measured at amortised cost | 19,927 | 30,269 | ||||||
| 22. | Analysis of changes In net debt | |||||||
| At | ||||||||
| At 1 Apr2022 | Cash | flows | 31 Mar 2023 | |||||
| Cash at bank and in hand | 228,762 | (53,384) | 175,378. |
| 2023 | 2022 | |
|---|---|---|
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 450 | |
| Charitable activities | ||
| Arts Council England (North West) −NPOfunding Culture Recovery Fund |
137,484 | 137,484 80,000 |
| The Space | 5,000 | |
| BFI North | 12,000 | |
| Festival Box Office | 2,548 | |
| Cheshire East Council | 6,000 | |
| Granada Foundation | 2,000 | |
| Italian Cultural Institute | 750 | |
| 151,484 | 231,782 | |
| Other trading activities | ||
| Consultancy & speaker fees | 856 | 450 |
| Product sales | 65 | |
| Other fees | 1,000 | |
| . | ||
| 1,856 | 515 | |
| Total income | 153,340 | 232,747 |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Wages and salaries | 117,009 | 154,732 |
| Insurance | 1,816 | |
| Other motor/travel costs | 2,640 | 3,423 |
| Legal and professional fees | 14,075 | 17,490 |
| Other office costs | 13,334 | 20,158 |
| Depreciation | 1,164 | 1,162 |
| Other interest, payable and similar charges | (917) | 2,003 |
| Direct project costs & consulting | 30,273 | 277,289 |
| Marketing | 14,732 | 43,230 |
| Storage costs | (1,960) | 1,428 |
| 192,166 | 520,915 | |
| Total expenditure | 192,166 | 520,915 |
| Net expenditure | (38,826) | (288,168) |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Expenditure on charitable activities | ||||
| Charitable activities | ||||
| Activities undertaken directly | ||||
| Staff costs | 104,227 | 143,822 | ||
| Direct project costs | 29,106 | 273,920 | ||
| Marketing | 14,732 | 43,230 | ||
| 148,065 | 460,972 | |||
| Support costs | ||||
| Salaries, wages and related costs Support charitable activity 1−insurance Travel & subsistence |
10,074 1,816 2,640 |
7,213 3,423 |
||
| Finance support | 5,417 | 5,380 | ||
| General office costs | 13,334 | 20,158 | ||
| Depreciation | 1,164 | 1,162 | ||
| Bank charges and related costs | (917) | 2,003 | ||
| Consultancy | 558 | 3,240 | ||
| Storage | 0 | (1,960) | 1,428 | |
| 32,126 | ' | 44,007 | ||
| Governance costs | ||||
| Wages/salaries | 2,708 | 3,697 | ||
| Accountancy and audit fees | 8,340 | 10,070 | ||
| Legal and other professional fees | 318 | 2,040 | ||
| Catering & venue hire for Board meetings | 609, | 129 | ||
| 11,975 | 15,936 | |||
| Expenditure on charitable activities | 192,166 | 520,915 |