Charity number. 1162863 YOUNG NORFOLK ARTS TRUST UNAUDrrED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 YOUNG NORFOLK ARTS TRUST CONTENTS R•f•r•nce and Administratlv• Detalls of the Chaiity. Its Trustsos and Advlsers Tntstees. Report Ind•pendent Examinerfs Report ststgmont of Flnanclal kuvltles Balanc• Sheet 10 Nr)tgs to the Flnancial Stat•m8nts YOUNG NORFOLK ARTS TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2021 Trt￿teeS Mr Steffan Griffiths. Chair Ms Nina Nannar Ms Vlvica Parsons Mr Gerafd Stamp Mr Patrick Ha￿lS (￿gr￿d 11 JU￿ 2020) Mr5 NaL¥ni Palmer Mrs Rachel Quick Buthgm Mr Lews Buxton Mrs Alanna M(MJnd (apKx)inted 20 January 2021} Charfty reglstergd number 1162863 Principal offic• 6￿71A The Ch)se Nopmch Norfolk NR14DD Trust Correspondence and Dirgctor Mrs Lucy Farrant ejo N¢)Mth Arts Centre. 51 St Ben&Jicts StreeL Norwich, NR2 4PG Email.. dIrect￿@Youngr￿01karts.Or9 Aecountants Larking Gowen LLP Chartered Acojuntants King Street H￿se 15 Upper lting Street NoTrMch NR3 1RB Page 1 YOUNG NORFOLK ARTS TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2w21 The Trustees present Ihwr annual rep)rt together V•ith the financial statements of the charity for the year 1 Awll 2020 to 31 March 2021. ObJe¢tiYos and aclivitles a. Objectiv89 The objectives of the charity are to ¢elebrate aThY suppcrt the creativlty of YO￿ people in Norfolk, and to ensure that they are preserrted *rylh a multitude of OPWntknes to eXpl￿e it in vrdys that enrich their lives aTrJ the wider society armj enhances aspiraticw. The strategic aims of the charity are: to provide high quality and diverse mulri art f¢)Thn opwrttjnities and exper1er￿e* to nurture creative t4atforms, ￿leCts and (￿lMUnitieS for all N(wfolk's youry peoF4e: to involve young people in creative aclivity is inspiring and accessible, arKI lo enwre thelr voirK is heard at all levels- to enable youThJ pecple to enharKe their skill4 ojffidence and well being: to remain receptive arKI responsve to the negts and VQbGes of youThJ w)ple arKI their commUr￿tie& The charity oversees the administration of the IcK)se federation of cultura organisalions in Norfolk kn¢)vm as the Young Norfolk Arts Festival PartnpAship. b. Maln actlvltles und•rtaken to further the charlty's purposes for Ihe publlc benefit The trustees have ccwdered the Charity Commission guidan￿ on put4ic tenefit under the Charities Act 2(￿6 when reviewng the charitys 0tr4'ectives aThJ aims 8ThJ planning its future activitie5 for the year ahead. The Trustees congder that the Charil￿S aims demonstrate its pUb￿C be￿fiL The main activities of the tharity are the: Young Norfolk Arts Festival". a celetwation of creatNity perfomiance by and for young people in Norfolk that happens every Juty. activities arKI art forms as Var￿ as cfatscal music. filmmaking, s￿en￿)rd, visual art drama. tjance and cont6mpcYary rnu￿. YNA Cdlective. eng8gir@ arKI provhding SUFPfXt to young aged 16- 25 years old. Through regular meetings, tr8inirKJ Sessions, prathcal hands on vnrkslxys and collatrx*rative Se￿On5 with our partners, the Crjlective devdop skills to enable Ihem to prr*Juc*. promote arKI evaluate events and exhibitions Young Norfdk Arts. Year round activitie5 including.. Young Norfolk visual Arts,. a year round prryjramrne of ueative vh)rksW and exhibltion for thildren and youry people of all ages induding: free outrexh *ith primary sth¢>)Is, visual arts w)rkshcps throUgh￿t NorfcAk libraries and putAic exhibiticffl5 of Kirk by young people. Lilerary Roadslw. delivery of a prwrdmme in sthTr)1s across Norfolk. Young Norfolk Writing c￿npe￿I]On and shov+rase evert Including 5eleckn of yearty youn9 laureates for the Ccvnty. Page 2 YOUNG NORFOLK ARTS TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Objectlves and actlvltles lcontlnued) Bespc*e C￿mIS￿on$ from other organlsatiors to r*ovide c¥ealive w(NJrammes and advice. Achlevgmonts and pgrformanco Delivery of adlvlty and achl•v•m•nts during th• ￿ar Young Norfolk Arts Festlval 2020 In March we made the deLasion to deliver the NLMfolk Arts Festival 2020 online, vAlh the first ever virtual YNAF prc¥Jramme. The j¢)umey towards this was rnt without rts thalenges, bul it was also an incredible leaming experienc* for Ihe team, teaching us a lot atrKxrt adapt'ng a￿1 evolving our delivery. YNAF 2020 happened over 5 days from 2-6 July and featured live streams. a virtual festival stage, workshops and interactive sessions. as WEII as a unique new virtual g811ery and exhibition curated by the YNA Collective. There were so many highlights from the programme, induding our virtual Lost River Stsge vknich broughl together 38 young musiaans, danws, wels and Writers frcm a(xoss the county to their talenL Audhnce figuros Online audiencE figures for YNAF were over 2,3(K) 148 young partiapants under 25 Over 7CQ vigtors to the virtual gallery aTrJ 'Th) s￿. every exhibition. Times Shrfting was amther enjoyable and alg) very rthvant part of the Festtval offer. 11 is wa5 creative writing programme ddivered by Imagining History across the YNAF ￿￿ekend - bringing together young writers to explore the living history of this unprecedented time. Their ￿￿ting vrds dispL8yed in our virtual gallery this nler. The overall FestiV81 prcgramme drew 11% attendees from across the N%r)rtd with themes such as zine making, crative ￿TitIng. vidè) art and V•Titing drama. We also wyked *ith the young film programmers at Fllm East lo deliver a creative sloryboarding session and film locations webinar. Talented young musiuan and composer Finn A￿de￿n joined us for a teaubful arkj restorative live perfomance and question and answer sesgon all the vrdy from Edinburgh. We hosted a regU￿r feature on BBC Radio Norfolk %thich has an average reath of 154,OCM) listeners per aThl a One￿ on BBC Lo)k Easvs 6.3Cpm bulletin smth an average aU¢￿en￿ re7Kh of 323.IXIO. YNA Collective Having recruited a brilliant cohort of over 30 yxjung people during January 2¢r20. w￿ began wJrking them to plan for our takeover of the Undercroft Gallery in Norv*ich as part of the "Ground Up" Exhibilion during YNAF 2020. The project handed over the most omnership gNen lo the C￿￿CtIVe, tsktng part in a series of workthops to leam skills in exhibition c#Jration, event PTryjl￿tI0n. marketing and communications. documenting and evaluation. everything they needed to plan and pr(xJL￿e arts events, exhibitions and activities. As 11 as engaging in a series of ¢Jeative thlls develoKMnent Ihey also be expkjred varkMJs audictr visual art fom)s. t￿ring March 2020 we had to adapt swftty to govemment guidelines as a resufi of the COVID-19 situation, and quickly move the delivery of our Cdleclive prTrJramme to a virtual platform. We were aL4e to retain most of the core Collective grcwp. arKI also V*Ekomed back a few past members. We moved Ihe focvs over from ￿)rkIng in a real gallery to Lyeating a virtual gallery aThJ launchiro a virtual exhibition as a key efement of YNAF 2020. The Colleclive came together and ￿jrk￿ h&d c(41aLK)rativety. They twk part in further, virtual creative DTkthops in cajration and pr(MJ￿1l0n. deveh)p8d content for a regular ￿0t on 88C R*Jio Norfolk. aThJ *Drked alongside the YNA team to prrKluce an o￿n call for young artists. and chose their themes aThJ concepts vthich over-arched the se*ted content that was on display in the gallery. The end producl was engaging and of high quality. SI￿1ng the pasgon and reglience of the group during quite a turbulent time in the %%rsrld. We hav8 now recruited for OLW 2021 YNA Collective programme lock for¥￿rd to working vJith them on range of creative activities and in preparakn for YNAF 2021. Pag8 3 YOUNG NORFOLK ARTS TRUST TRUSTEES. REpoirf ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 AchIeVerr￿ts and perf0m￿nce Icontinufjdl Moving rr On Project In December 2020 V•*re avrdrded a gwt as part of NNF Bridge's Moving IT On project. The prclect Tuns from January 2021 to June 2021 arKI involves a small gTWP of already recruited Cdleclive members. They are exploring, and hoping to dismver. the best IT platfomis for c¥eation. communication and cdlaboration and then U￿ng tethnology to create their ovm arlistic re￿￿e$ reaty for YW 2￿1. Megapl)one Projoct We delivereAI the Megaphone project in collaLKyation *ith EnSoy Gieat Yarmouth. The Megaphone 6 pilot programme enatrjed young peoF4e to expknre and ext*ess their thoL￿hIS aThJ feelings. on conc8ms that mattered to them individually. We erwJaged 7 yourvJ wple in total be￿n the ages of 16-25 from Non4?ch, and they decid￿￿ to bring all their interests tcgether with the thDrk made during the V*orkshcps, to create a landing page called 'Megaphone: An insight lo crealive xtivism.. L•l's Create Young Norfolk Arts led the Norfolk Crealivty Cc41eclive vthith ￿MPrised creatives and peop4e from all sectOTS o work young people aThJ Vulnerab￿ peOp￿e of all ages. In Decembèr 2020 w8 put together and distributed 10.OCKI #Makeitmenry bc￿klets. 5(M) tM)ard games designed by a tfjck the Dust group a￿1 1.2(K) creative reg)urce packs. It vrds a h[￿e undertthng and was ¢Mly pKwble because 8LJ many ￿pIe gave their time and energy to make it hap￿n. The prr4)lems that informed the project's mission havenl gone away so it is likety that more inttiatives of this sort will spriry up this y8ar. The Vlrtual School for Looked After Chlldrnn At the beginning of 2020 ￿ Vapre cxjmmissbjned by the Virtual Schcd loL*ed after children to help to recTUit arKI then lo run a Co41ective type group of their Y￿ftg people wth a view to them iEing able to plan and ument the Virtual sch￿11,$ celebration event in July. Plans ￿ to change due to COVILL19 aThl the mO￿Y ds repurposed into ts¥o animation projects defivered online. NO￿l¢h 2040 Local Cultur41 educatlon PartMf5hlp (LCEP In February 2020 the LCEP vras rernvigorated arKI YNAT became very activety invofvgd in its regeneratlon. The Director of YNAT I￿ame its Cts Chair together with Cllr Alan Waters. and she regularfy represents the LCEP at regional a￿j national level. In March 2021 YNAT t(M)k responsibiltty fc￿ management of the LCEP'S funds. Norwich 2040 Vlslon The YNAT Director in capaaty as c￿ Chair of the LCEP on Nrxwch City's 2040 vision group. The group meets bi -monthly and plans the Ciws p¢￿t Cov1￿19 Strateg￿ and activitie >Engage Works This is a prc4Jramme njn by YNAT in partnership with the LCEP. Its aim is to provide relevant and practical opportunities for young people to engage with the creative industries locally arxl to explore the idea of careers in the cultural sector. A virtual event vrds delNered in November 2020 arKI another is ￿ann￿j for July 2021 after YNAF 2021. The first everrt twk pl￿ in October 2019 arnj was a great success not least because all participants felt they coukl engage equalty. Page 4 YOUNG NORFOLK ARTS TRUST TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Achlevements and performance {contlnued) b. Plans for tho futurn A￿SIde mary of wr fellow partners and organisatiors. awBit 2021 with g)me treptdation as wpll as some excitement. We believe that this year has given us the skills o)nfidence to be able lo adapt our delivery moving forward. We have also h&J th8 chance to really strengthen our youth led approach and look fofward to carying this Ihrough to YNAF 2021. We kh)k 10Th￿rd not only to delivering our Festival bLrt also our year- round activities and lo gJJpporting Ihe Collective to develop as individuals aThY artists. We wll continue our deep invofvement with the LCEP and wll I￿rk in partnership tt to ddiver and disseminate opportunities for cultural education. Oelivery will ￿ntinue to Include dvJital options in lyder lo ameliorate all￿1billty issues such as the county's geography, and lo encourage harder lo reath gr￿p5 to us such as the Dldeaf ¢x)mmunlty. YNAT intends lo apply to become part of Arts EnglarKS's National Portfolio in 2022. In the meantime, the Diredor will continue the pursuit of varied fuTrJing streams including making another large application lo Arts Council England's Lottery Project furKI. Financial revlew of the year Flnanclal The charity rep)rted a Mt surplus of £30.552 for Ihe year to 31 March 2021 12020: £13.087). The surplus comprised 8 net movement on unrestricted funds of £rMI (2020: suwus of £31.8871 and a net suWus on restricted fu￿lS of £30.552 {2020'. defiot of £18,800). The ￿$triCted fund surplus for year lo 31 March 2021 relates mainty to three projects ￿ere fuTrJing has bèen received in advance of activity. YNAT received its second instalment (totalling £39,200) of an Arts Council England IACEI prc4ect grant for aclivity from NovemLw 2019 to 31 August 2021. li algj received a granl from Anguish's Educational Foundation of £25.OW for its core prciect acb"vity. arKJ a grant from Norfolk & No￿l¢h Festival Bri¢Jge of £25.rni to furKJ the chari￿$ role leading the Nor￿Ch 2040 L￿￿1 Cultural Education Partnership. Further details on these funds is given in rbjte 12 lo Ihe Finanaal Statements. Total reserves *ood at £93.303 on 31 March 2021 (2020.. £68.7511 of £34.687 was held as unrestricl8d furKls {2020: £34.6871 wth the balarKe being held as reslricted fund& Restricted fund reserve levels have sen year on year from £34.064 to £64,616 due to Some large project balances for future adivity as OLEUined aLK)ve. The charity raises inc(xne from a variety of *urces and is heavily reliant on grant ine4)me from local and national charities and Arts Cwncil England (ACE). The chartty has awarded £98.OC() by ACE for the persod 14 November 2019 to 31 August 2021. tt has also secured a CLAture Recovery Fund grant of £30,0 ich wll enable the delivery of a full prc*Jramme of aL*ivity for ts peri(MJ from 1 April to 30 June 2021 including the Young Norfolk Arts Festival 2021. b. Golng Concern After making apprcpriate enquiries the trustees have a reasonatle exp￿tstion that the charity has adequate resource5 to continue in orerational existence for the foreseeable future. For this reason. they continue to adopt the going concem basi5 in preparing the fin￿181 statements. Page S YOUNG NORFOLK ARTS TRUST TRUSTEES, REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 21r21 c. Reserves Policy The charitys reseNes wAicy is onty to (Thimit to ex￿ditUre kn SLrfficient levels of income have been re￿ived or pledged. The charity's unrethcted fund bala￿ of £34,687 is held mainly as cash, 8nd represents just under three months of annual expenditure. 11 is needed to man3g8 the cashflow demands of large projects, arKY provides furKls to be able to grve swne time to the finanryal future of the c*arity in the event of any unanticipated chrys to fundirKJ or activty. As at 31 March 2021. the level of restricled reserves was £64.616 {2020: £34,064) Structure¥ govemance and managenwnt a. Constltutlon Young Norfolk Arts Trust is a registered charity. n￿nt￿ 1162863. aTrJ is constituted as a Charilablg Incorporated Organisation. b. Methods of appointment or olectlon of T￿￿tseS The truste85 are apwinted for 8 lemi of three ye¥s The minimum number of trustees is three and the maximum number is eight. Trustees are aFwnted at a properly convened meeting of trustees and those appointed are chosen taking into acC￿nI the skills. knO￿ethJe aThJ experience needed for th& effective management of the tharily. Page 6 YOUNG NORFOLK ARTS TRUST TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Statement of Tn￿lees. responslbllftles The Trustees a￿ resl￿n￿ble for preparing the Twstees. Retwi ￿ the financial statements in acwrdanc* th applicable law and United AccountirwJ Standards (United lQngdom Generalty AccEpled Accounting Practi￿). The law applicable lo charities in Englar#J & Wales requires the Trustees to prepare finan￿al statements for each financial year %thich give a true a￿j fair view of the state of affairs of the charity aTrJ of its incoming resour￿$ and atwication of resour￿$, induding its income and expendtture. for that period. In preparing these fIn￿CIal slalements. the Twstees are required to: select SUlta￿e accounting Fdiues and then aFfJly them conststently" observe the Meth￿15 and prin￿￿e$ of the Charities SORP IFRS 102).. make judgments and accounting estimates that are rea9JnaL4e arKJ prudent" stale ￿ether applicable UK AcwJnting Standard5 IFRS 1021 have been f￿10￿e￿. sul4.ect lo any materi81 departures disclo*d and explained in Ihe finanryal sta18ments'. prepare the financial ststements on the gciro co1￿M bass unless it is inapwowiate to wesume that the charity will cOn￿n￿e in t￿gIneS& The Trustees are responyble for keeping adequale accounting records that are sufficient to show and explain the charity's transactiong and disclose V￿th reag)natAe accuracy at any lime the finanaal rA)sition of the charity and enabte them to ensure that the financial statements LX)mply with the Charities Act 2011, the Charity {ALwunts and Repcwtsl Regulations 21))8 the provistons of the Tru* deed. They are also responyble for safeguarding the assets of the charity ar￿ hence for tsking rea9)na￿e steps for th8 prevention and detection of fraud and other irregularities. Approved by ordw of the members of the Try)ard of Trustees and $gr￿ on tsir behaf by: Mr Steffan Griffiths {Chair of Trustees) Date: L161 Page 7 YOUNG NORFOLK ARTS TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021 Ind•p•nd•nt Examln•es R8POrt to the Trustws of Young Norfolk Arts Trust (Ihe charfty'l I rep)rt lo Ihe charity Tnjslees on my examination of the acccMJnts of the tharity for the year ended 31 March Responslbllltles and Basls of Report As the Trustees of the charity you are reSp￿￿tAe for Ihe preparation of the acc(Junts in acc